Sunday, 30 June 2019

Melcom to introduce 2 new businesses


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Adnan Adams Mohammed

After 30 years of a successful retail and manufacturing businesses in Ghana, Melcom Group Ghana plans to add two new business lines to its existing range of businesses.

The two new business lines are microfinance and food manufacturing and packaging, the Chairman of Melcom Group, Bhagwan Khubchandani disclosed at the launch of its 30th anniversary, last week, in Accra.

Currently, the Melcom Group of Companies consists of six separate entities: Melcom Limited, Century Industries Limited, Crownstar Electronic Industries Limited, Melcom Hospitality, Melcom Travel & Tours Limited, and Melcom Care. Apart from capturing an extensive retail market share with a network of 41 Melcom retail outlets and 3 Cash 'n Carry stores spread all over Ghana, the Group is well-diversified into other businesses and gain popularity for their quality and affordability.

These will add to the already range of businesses; Melcom retail, Melcom Travel and Tour, Century plastics manufacturing, Melcom bakery and Crown Star electronics.

"The future looks bright for Melcom, we have a number of businesses we are conducting market and product research on and soon we will be announcing to the general public our new line of businesses to add to the Group", Mr Ramesh Sadhwani, Group Managing Director told Economy Times in an interview.

Mr. Sadhwani shared his good and bad experience he has encountered with Ghanaians for his number of years in Ghana. Despite Ghanaians being loyal and eager to learn and improve on themselves in developing a career path, majority are indiscipline and lack integrity, he said.

“Attitudes have to change; weak integrity among Ghanaians is a national issue.”

Another major concern he encounters in line of developing their business is the challenge of “finding employees with right skills set for the retail business in Ghana.” This is due to the fact that, there are no specialized schools or training institutions that teaches skills in retailing and the curriculums of the tertiary institutions do not consider topics or courses on retailing enterprises.

“From a humble yet ambitious set up in a single Melcom shop in 1989, Melcom has transformed into a Group of Companies operating subsidiaries that are relevant to Ghana's development process,” the Director of Communication of Melcom Group, Godwin Avenorgbo remarked at the launching ceremony, in Accra.

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