You are here: Home » PTI Stories » National » News
Business Standard

Physique Global aims to set up 150 centres in India

Business Finance

Press Trust of India  |  Bengaluru 

Physique Global CEO Jag Chima Tuesday said his company would be happy to be part of one per cent of USD two billion fitness market in India.

"We would be happy to be part of one per cent of the USD two billion market. It is a huge market. Everybody needs fitness, from children to senior citizens," he told PTI here.

In next eight years, the company aims to set up 150 centres in India, and some of those will be low-revenue centres forvillagers, Chima said.

Physique Global, which provides fitness mentoring and educative service to fitness enthusiasts around the world, started India operations in 2011 and is owned by Chimaand celebrity personal trainer Kris Gethin.

It also operates Kris Gethin gyms across the globe.

The company started its first gym in India in Hyderabad in 2015.

Talking about jobs, Chima said so far the company has generated 300 excess jobs.

"These jobs range from trainers, all the way up to accountants, digital media specialists and other jobs related to fitness industry," he added.

The company would love to employ more people, but it aspires to grow at a slow and steady pace to build quality centres, Chima said.

"I am hoping we would create thousands of jobs over the next decade in India, for sure," he said.

In Bengaluru, the company aims to create 30 to 35 jobs by having five clubs, because people would not want to travel long distances within the city due to traffic snarls, Chima said.

He also said the company aims to make a positive dent in the market as they have trained over 4,000 trainers, with which it has been changing the face of the fitness industry in India since 2011.

Asked about revenue targets, Chima said he has not planned his business on revenue model, but to set up quality fitness centres.

The company, also, is more interested to get the right partners, he added.

Right now, the company boasts of seven centres in India and plans to have another 18, he said.

The company also plans to open centres in the UK, USA, Canada in the beginning of next year, which will have slightly different model, Chima said.

Chima said the company has worked with actors Hrithik Roshan, John Abraham and Mahesh Babu, to promote its programmes.

Former India paceman S Sreesanth was the first cricketer to work with the company, he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, June 11 2019. 12:30 IST