Universal Launches its
Exclusive store at Hyderabad
Hyderabad|India|July'2012: Universal Construction Machinery
and Equipment Ltd, one of the largest Construction equipment companies in
India with exports to more than 45 countries expands to Andhra Pradesh.
The company commenced its retail business in Andhra Pradesh with the
launch of its Universal Exclusive at Hyderabad. This is Universal's
ninth Exclusive Store in the country. The Universal exclusive store will
display vertical material handling and concreting equipments. The Showroom
will also take care of after sales and spares. Universal Exclusive Store
is located at Acme Concrete Mixers Pvt. Ltd., 1-8-19, Main Road, Ramgopalpet, Secunderabad area. The company will launch its exclusive
stores in Chennai, Cochin and Bangalore in South India soon.
Universal Construction Machinery and Equipment Ltd. which manufactures
world-class high quality construction equipments has aggressive plans for
its retail business pan India and will expand its retail format to cities
like Srinagar and Jaipur in next two to three months and will launch a
total of 35 stores in next two years across India.
Speaking on the expansion plans in South India Ranjit More said that there
are a lot of infrastructure projects coming up in South India. Universal
already has a strong presence with about 70% market share for products
like reversible mixers. To further augment the sales we will be opening
exclusive stores in Chennai, Cochin and Bangalore soon. The company
already has exclusive showrooms at Surat, Nagpur, Patna, Coimbatore and
Siligudy. The Hyderabad Store is an Exclusive Store. The reason for
opening up such a store is to cater to the ever growing infrastructure
needs of South India. The customer will be able to see all the equipments
at one single point, and also get after sales service.
Further speaking on the occasion Ranjit More, MD, Universal Construction
Machinery and Equipment Ltd. said that the company will expand its retail
format to all major cities in India. Ranjit More added that "Our retail
format business is divided into three initiatives viz. Universal Exclusive
Stores, Universal Constore and Universal Signature Stores. Universal
Exclusive Stores will house all Universal Brands and will be run by
franchisees. These will be opened in Metros as well as Tier 2 and Tier 3
cities. Universal Signature Stores will host the premium and high end
equipments of Universal like batching plants and reversible drum mixers
while “Universal Constore” outlets will host all the leading brands in
construction equipment apart from Universal.