At the Franchise India 2015, 13th International Franchise and Retail show going on at Pragati Maidan New Delhi, Shreevats Jaipuria, Vice Chairman of the Group said: "Our focus will be on Tier II and III cities. We are seeking potential partners."
Havells India Limited, a $1.4 billion leading Fast Moving Electrical Goods (FMEG) company is targetting a total revenue of Rs 500 crore by 2016 in Karnataka.
Homegrown denim maker Spykar Lifestyles will launch e-commerce platform spykar.com for its merchandise and expects up to 6 % f sales to come from the online segment in financial year 2015-16.
US-based pizza chain Marco's Pizza forayed into Indian market by opening its first outlet in Vadodara and plans to have 400 stores in the country in the next five years.
This was a night to acknowledge the initiatives and achievements of certain brands and individuals who have contributed significantly towards the growth of the franchise and retail sector in India.
Announcing its current antibiotic-free policy, fast-food chain Subway has vowed to completely eliminate antibiotics from its meat over the next 10 years.
Majority of the outlets of the QSR brand KFC have been non-operational in the North zone of India- Chandigarh, few parts of Delhi, Mohali and Panchkula.
Woodland, the leading outdoor adventure wear brand has selected SAP to manage its brand portfolio, to boost its planning, manufacturing, warehousing, sourcing, distribution, replenishment processes, modernise retail operations and global supply network.
Giving a push to womenpreneurs, FirstCry under its new ‘Premium’ section has launched ‘Mompreneurs’ who are selling their products and brands on the site.
William Penn, Luxor are the other players in the category. To have a global presence with the brand Rorito, the company also looks to export its products in the Middle East, Africa and Asia Pacific markets.
Franchise India 2011, the 9th Asia’s largest franchise and retail opportunity show held at Hotel Ashok on December 2 and 3 concludes to a great success.
Arvind intends to list its branded apparels business, Arvind Fashions, as a separate entity by demerging its branded apparel and engineering businesses.