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Essars businesses
are at the heart of the Indian economy: steel production,
exploration, drilling, refining and marketing of oil,
power generation, construction, shipping and lately the
sunrise sector of telecom services to continue the groups
rapid growth.
Fortune Computer
lottery plans to install 10,000 sales terminals in the
next 12 to 18 months with the outlet profile ranging from
a dept store, grocer, ice-cream parlour, book store, restaurant,
cyber café, chemist among others .The trade fraternity
will benefit greatly by availing this opportunity.
Apart from increased
traffic in their shops, which will be generated by Fortunes
advertising and promotion campaign, the retailers gain
by way of lucrative volume increases, trade commission
as well as an improved shop ambience, which will be created
by the innovative Fortune signage.
The paper lottery
market in India currently stands at Rs 50,000 crore and
2 million people buy lottery tickets everyday with a 100
draws being held daily. However, lack of total transparency,
limited marketing, low level of sophistication of the
product, and lower prize monies have hindered the growth
of the market. Therefore, the paper lotteries that operate
currently cater largely to the lower income groups of
our population.
Online lottery
is a much more player-friendly product and because of
its exciting promotion and brand positioning, it will
create a new segment in the market by appealing to the
middle and upper middle-income groups to participate in
the lottery process.
The online lottery
process is very different compared to that of the paper
lotteries. In paper lotteries, you have pre-printed tickets,
which are hawked, on roadsides or near railway stations
and the draws are declared in the second or third line
vernacular papers. The online lottery process is a much
more transparent, credible and sophisticated, entertaining
and tech-savvy.
The
online lottery is a computerised process, where terminals
are placed at dealer outlets, which the players can access
easily, as s/he would be frequenting those locations.
Hence, this new category is expected to see a major growth
phase in the Indian market.
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