obile retail stores are a big hit. And they are springing up all across the country. Consider this: according to Zinnov, a Mumbai-based research and consulting organisation, there are 60,000 mobile retail stores - both organised and unorganised - all over India.
What's the big deal? One, the mobile retailing business in India is worth $17 billion (Rs 68,000 crore) and is growing at 20 per cent a year (Zinnov). The figure includes handset sales, accessories and prepaid vouchers. The biggest chunk of revenue comes from sales of prepaid currency vouchers. ... more