MAM
Bright Outdoor eyes 20% growth in 2010
MUMBAI: It’s looking at a brighter 2010. Mumbai-hqed Bright Outdoor Media is pushing for a 15-20 per cent revenue growth in the coming year.
The company expects 50 per cent of this revenue to come from its BEST (Brihanmumbai Electric Supply & Transport Undertaking) business, the advertising rights of which it acquired recently for the period 2010 to 2013.
Says Bright Outdoor CMD Yogesh Lakhani, “We had bid very aggressively for the BEST tender and won it through a Rs 1.23 billion bid for a three-year period (2010-2013). This includes 4605 single–decker buses and 125 double-decker buses.”
Earlier, the BEST advertising rights business was held by Pioneer Publicity which had paid Rs 700 million for the period 2004-2010 for approximately 3200 BEST buses.
Lakhani says the higher bid has forced him to revise advertising rates by 10-15 per cent. Elaborates Lakhani, “We need to do this to get a return on our investment. Currently, we service approximately 600 clients in Mumbai, out of which 150 are corporates while others are local players.”
The BEST contract, informs Lakhani, will kick start from 1 April 2010. Lakhani expects TV channel and programme advertising to account for a majority of the spaces (vacancies), followed by pan masala brands, Bollywood releases and the banking sector, not necessarily in that order.
“GECs are expected to contribute about 5 per cent of the total revenue coming from BEST,” he says.
According to a source in the company, while branding on the back panel of a BEST bus is priced at Rs 8,000 for a month, the left panel is priced at Rs 4,500 for a month. The right panel is priced at Rs 5,500 for a month and a full double decker bus is priced at Rs 65,000 a month.
Bright Outdoor Media, which presently operates in Mumbai, Goa and Pune, plans to barge into the Delhi outdoors in the next six months. It owns and operates around 1500 hoardings in Mumbai city, of which 85 per cent are occupied currently, claims Lakhani. Luck sure tends to favour Lakhani.
Brands
Reebok partners with Jerai Fitness for gym equipment in India
Long-term deal to manufacture and distribute Reebok-branded fitness products from April 2026.
MUMBAI: Reebok is pumping up its presence in India and this time, it’s bringing serious muscle to the gym floor. Jerai Fitness Limited, an Indian manufacturer with over three decades of experience in fitness equipment, has announced a first-of-its-kind long-term partnership with Reebok. Under the agreement, Jerai Fitness will manufacture and distribute Reebok-branded gym equipment across India and neighbouring countries including Sri Lanka, Bangladesh and Nepal. The products will be available from 1 April 2026.
The collaboration combines Jerai Fitness’ fully automated, technology-driven manufacturing facility with Reebok’s global brand legacy to redefine the fitness equipment ecosystem in the region.
Jerai Fitness Limited chairman & managing director Rajesh Rai said the partnership leverages advanced manufacturing capabilities to deliver high-quality products tailored to market needs.
Authentic Brands Group EVP of Reebok Steve Robaire noted that India is a dynamic and fast-growing fitness market. “Jerai Fitness brings the manufacturing expertise and local insight needed to deliver high-quality, performance-driven equipment at scale,” he said.
The partnership will introduce a comprehensive commercial range covering cardio, free weights, and high-end home-use equipment under two distinct series. All products adhere to international standards, including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ASTM certifications, and European safety standards EN ISO 20957-1:2013, EN 957-2:2003 and EN 957-4:2006.
Jerai Fitness’ manufacturing facility features fully automated production systems and dedicated storage infrastructure. As of 31 August 2025, it had an installed annual capacity of 21,000 units.
The Reebok-branded equipment will be available pan-India through Jerai Fitness showrooms and official websites jeraihomegym.com and jeraifitness.com.
In a market where fitness goals are rising faster than dumbbells, this partnership gives Reebok the local strength it needs while giving Jerai Fitness a powerful global brand to flex. For Indian fitness enthusiasts and gym owners, the workout just got a stylish upgrade.
