| Franchisor
News |
| May
2005 News in Brief |
POC
to expand through franchising
PEOPLEONE Consulting (POC), an HR solutions company, is
taking the franchisee route for expanding into the Tier
2 and Tier 3 cities in the country. |
|
Funkie
Orbits to expand in India
FUNKIE Orbits, an interactive play station, developed
around the concept of "Play" being an interactive
activity, has been able to establish itself as the first
premier play station for children.
|
|
Otik
Food Plaza plans 10 more outlets
OTIK Food Plaza, a unit of Otik Hotels & Resorts Pvt.
Ltd. has plans for further expansion by offering franchises.
|
|
| March
2005 News in Brief |
| Chinese
Chow comes to Mow American Pizzas in New Delhi |
| Big
Mac to taste mall success |
| Venus
to heat water in foreign markets |
| Gitanjali
Jewels plans exclusive GiliWorld retail outlets |
| Apollo
eyes new markets for healthcare clinics |
|
| Business
News |
|
Lots
of Shops, But Who's Shopping?
The
mall craze is on. You've all read the stories. Knight
Frank said that, the organized retail sector's turnover
is estimated at $4.2 billion and it is growing at 8.5
percent a year.
|
|
Delhi
retailers prefer franchising
INVESTORS
find retail options the most attractive investments as
compared to the office option in the current real estate
situation.
|
|
|
Asia's
licencing sector enjoys much room for growth as it becomes
better understood as an expansion strategy
WHILE
franchising is a more familiar growth strategy widely
adopted by businesses in Asia, licencing is fast catching
up as it becomes better understood as a viable mode of
expansion strategy.
|
|
Domestic
Franchise Companies in India
There
are about 1800 domestic franchisors in India. In a clear
departure from the trends visible in the US and Western
European countries, franchising in India is dominated by
the IT education sector, which alone accounts for 40 per
cent of the Indian franchising business.
|
