New Delhi, Nov 29 (IANS) Franchise India-2008, an international event on franchise, retail and licensiing industry, started here Saturday with the participation of over 350 domestic and global brands.
Vice-Chief of Army Staff M.L. Naidu inaugurated the show.
Organised by Franchise India Holdings (FIH), a franchising consulting service provider, the two-day event aims to provide comprehensive business-to-business platform for the franchise, retail and licensing industry to facilitate meetings, interactions and business deliberations.
The first day saw discussions on the potential of the franchisee business in India and abroad and also presentations by retail experts and industry leaders on the changing dynamics of the retail industry.
'Franchise business is globally growing with a very fast pace at the rate of about 15 percent every year, and India is not untouched by it. In the global recession period, franchising will prove to be an enormous business opportunity, and will only work like a booster shot for the sluggish economy,' FIH president Gaurav Marya said.
The participants include various brands like Nirulas, Levi's, Adidas, Famous Famiglia (US), Southern Fried Chicken (US), Dulce Cafe and High and Mighty.
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