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 INDIA FRANCHISE
NEWS ARCHIVE
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: Current
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McDonald's to open outlets in J&K. Multinational fast food chain McDonald's will open outlets in Jammu and Kashmir as part of its expansion plans, a top company official said today. .... [more]
15/6/09
Franchise industry in India expects boom by 2014. There will be at least 50,000 franchises in Indian market by 2014, said said executive director of Indian Franchise Association (IFA) Colonel (Retd) Upendra Sachdev. .... [more]
2/6/09
McDonald's to invest Rupees 120 crore for 40 new outlets in FY10. Global fast food chain McDonald's is planning to open 40 new outlets across the country in FY10 with an investment of Rupees 120 crore, to add to its existing chain of 160 outlets. .... [more]
26/5/09
Capt Gopinath plans to use franchisee model to revolutionise air cargo industry. Captain Gorur Ramaswamy Gopinath, who founded India's first low cost carrier Air Deccan, is all set to revolutionise air cargo industry using the franchisee model. .... [more]
25/5/09
ToonKidz plans expansion in India, Gulf region. Kids apparel and accessories player ToonKidz plans to ramp up its retail operations both in India and overseas. The company is aiming to have a total of 150 exclusive brand outlets in India by the end of 2009-10. .... [more]
24/5/09
Harcourts looking at entering India. Harcourts International is exploring various international growth opportunities in India having received strong interest from there, according to Harcourts International Franchise Development Manager Aaron Hodson. .... [more]
22/5/09
US firm REMAX forays into India. US-based realty brokerage firm REMAX has forayed into India aiming to tap potential offered by middle-class families in the country, with its business in America hit by the ongoing slump in the property market. .... [more]
21/5/09
Reebok to pair up with Franchise India for franchising expansion. Reebok the top amongst international footwear companies in India joined hands with the largest integrated franchise and retail solution provider Franchise India Holdings Limited (FIHL) for expanding their franchising network. .... [more]
15/5/09
Calculus launches Booster Juice in India. Brand Calculus, a new age Quick Service Restaurant (QSR), Thursday announced the launch of ‘Booster Juice’ brand in India. .... [more]
7/5/09
Retailers in slump, but franchisees on hiring binge. With the franchise format of stores gaining popularity among retailers, owing to low capital requirement, franchise outlets are on a hiring spree. .... [more]
2/5/09
HotSpot to sport Spice brand soon. India’s second-largest mobile phone retail chain Spice Group’s HotSpot will soon go for a brand change. Sources close to the company said that HotSpot will soon sport the Spice brand. .... [more]
2/5/09
MALAYSIA / INDIA - KFC To Open 12 Outlets In India By 2010. KFC Holdings (Malaysia) Bhd is venturing into India and plans to open 10 new outlets in Mumbai and another two in Pune, involving a total investment of US$6 million, by end-2010. .... [more]
30/4/09
Nafed plans retail expansion through franchisees. Cooperative major National Agricultural and Cooperative Marketing Federation (Nafed) has drawn up plans to set up retail grocery outlets under a franchisee model. .... [more]
29/4/09
Cartridge World to expand. Australia-based Cartridge World, one of the fastest growing speciality cartridge refilling and retail chains in the world, is looking at an aggressive expansion through the franchisee route in India. .... [more]
22/4/09
Destination Maternity Expands International Reach With Franchise Agreement For India. Destination Maternity Corporation, the world's leading maternity apparel retailer, today announced its planned expansion into India through an international franchise agreement with Mahindra Retail. .... [more]
20/4/09
Indian franchise business to touch $20 bn by 2013: Ficci. The Indian franchising sector is growing at a rate of 38% with a market size of $7.2 billion and is expected to reach $20 billion by 2013. .... [more]
19/4/09
TIME to expand footprint in India. Hyderabad-based entrance exam coaching institute, Triumphant Institute of Management Education (TIME) is expanding its footprint in India by setting up more pre-schools, two Central Board of Secondary Education CBSE schools and more coaching institutes, to achieve this target. .... [more]
13/4/09
Issue of shares against ‘franchisee rights’ not allowed. The Foreign Investment Promotion Board (FIPB) has clarified that issue of shares cannot be allowed against ‘rights’, particularly if it is an intangible asset such as ‘franchisee rights’. .... [more]
6/4/09
Orra to expand via franchise route. Orra, the diamond jewellery retail chain, plans to open 10 new retail outlets in the financial year 2009-10. These would be franchise-based in Tier-two towns, said S Raja, regional manager (North). .... [more]
3/4/09
DLF's retail arm plans 500 luxury lifestyle stores. DLF Brands, the retail management subsidiary of DLF, the country’s biggest developer, plans to open 500 stores selling luxury lifestyle labels in the next five years, entailing an investment of over Rs 1,000 crore, a top group official said. .... [more]
28/3/09
DKNY enters India through DLF Brands. Global fashion design house Donna Karan International, part of the world’s leading luxury goods group LVMH Moet Hennessey Louis Vuitton, is set to enter India. .... [more]
27/3/09
Ferns 'N' Petals to open 30 outlets. Delhi-based chain of floral boutiques Ferns ‘N’ Petals will add 30 more outlets in the next financial year to its existing 92 stores. .... [more]
25/3/09
Sweet World plans 100 stores; to launch online retail. Sweet World, popular European concept of pick-n-mix candy shop that sells products including traditional candies, novelty candies and lollipops across India, plans to open 50 new outlets in the country in order to achieve 100 stores mark by the end of 2009. .... [more]
18/3/09
JSW Steel to cut down global exposure, focus on rural mkts. JSW Steel Ltd, one of the main players in the steel industry, has cut down its exposure to the international market and has started focussing on rural India. The company is opening retail outlets through franchisee route to get deeper into the rural market. .... [more]
17/3/09
Aussie coffee-chain Aromas betting big on Indian market. Australian coffee-chain major Aromas plans to enter the Indian market by end-March and has tied up with Ideal Hospitality Private Ltd, which would own the brand in the country and south-east Asia. .... [more]
15/3/09
Aditya Birla Financial Services Group enters retail broking. Aditya Birla Nuvo, a part of the Aditya Birla Group, announced the closure of the deal with Chennai-based Apollo Sindhoori Capital Investment, (ASCIL), having acquired 76% stake in the retail broking company. .... [more]
10/3/09
Titan to add 40 more stores by Mar 2010. Tata group company, Titan Industries, plans to augment its store network pan-India by adding nearly 40 Titan stores by March 2010, a top company official said. .... [more]
8/3/09
Sify plans one-PC cafes, 2,000 more iWays. As part of its plan to expand in the Indian internet service retail business, net service provider Sify is planning to venture into single-PC internet kiosk business, besides opening 2,000 additional outlets of its iWay internet cafe chain. .... [more]
18/2/09
Suvidha plans to open 1 lakh stores within next three years. Suvidha Infoserve plans to expand its pan-India footprint by setting up nearly one lakh franchisee stores within the next three years, a top company official said. .... [more]
15/2/09
Foodland in nowhere zone. Foodland Fresh, a chain of retail outlets promoted by Raju Shete, is closing down all its unprofitable stores across Mumbai and its suburbs as a pilot venture found the stores falling short of expectations on many key parameters. .... [more]
5/2/09
UK retail major Argos to pull out of India. Catalogue retail major Argos is winding up its two-year trial operations in India that include five stores in Mumbai and a telephone and internet ordering service. .... [more]
29/1/09
RE/MAX Expands Global Network with Addition of India. At a special signing ceremony Tuesday afternoon, RE/MAX International welcomed India as the 73rd country in its global real estate network. .... [more]
21/1/09
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