eYantra to expand to Gujarat and Rajasthan
Bangalore, Jul 18: India's leading brand merchandising and corporate gifting company, eYantra today announced its plans to open offices in Ahmedabad and Jaipur during the current fiscal.
The Company would be investing around Rs.four crore during the year in its expansion plans.
eYantra which had invested in Rotterdam based conglomerate - IGC Global Promotions last year said it had won two large global contracts in the IT services and pharma industry, besides three more were in the pipeline. They will be finalised within 3-6 months, eYantra Director Jolly Jose said in a release here.
'We are confident of achieving an organic growth of around 45-50 per cent in 2012-13. Our recent acquisition of Privilege Corner, a premium R and R Company is an addition to our existing portfolio. The current and additional global contracts through IGC Global Promotions will fuel further growth,' he said.
eYantra has a unique advantage for having access to the best and largest suppliers in the world of promotional products at very attractive terms under the IGC Global Promotions Supplier Contracts.
Sourcing has become more effective and Indian customers would benefit from a wider range of innovative promotional merchandise provided by eYantra the release added.
In an approximate 55 billion dollar worldwide pie of promotional product industry, IGC Global Promotions cuts an impressive slice and the benefit will surely touch Indian shore with more global contracts, Mr Jose said. The combined revenue of the IGC Global Promotions member companies is currently USD 840 million and is expected to increase within three years to more than USD one billion.