US office-product retailer Office 1 Superstore has appointed Indo Rama Retail Holding, the retail arm of the Indo Rama group, as its Master Franchisee for India and the South Asian region. Two outlets are in development in Delhi under the deal, which will see Indo Rama Retail Holding invest up to Rs 30 crore over the next two years developing company-owned and sub-franchised stores.

Published: 15 August 2006

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