India PRwire:
The 29th edition of FRO2010, the India’s biggest franchise and retail opportunities expo opened here today at Hotel Taj Chandigarh. Organized jointly by Franchise India Holdings Ltd (FIHL) and Indian Franchise Association (IFA), FRO2010 brings together some of the popular brands, franchisors, mall developers, suppliers along with the franchise experts to provide an insight into the franchise and retail business, also catering to SMB.
Overwhelmed by the response to the fourth consecutive year of FRO2010 in the city, Mr. Gaurav Marya, President, Franchise India Holdings Ltd (FIHL) said that franchise is a Rs. 68,000 crore industry growing at an annual rate of 35 percent which would get a special boost with the government policies favouring the franchise ties-up globally, augurs well for the budding entrepreneurs in the region and who will benefit from the business opportunities being made available at the show here.
Franchising is the most dependable model for the budding entrepreneurs since it provides complete brand support through a standardized process with consistent quality of products and services, Mr. Marya added. Read more.