International Franchise Association and Franchise Times come together to bring US Franchise Trade Mission to India. The franchise trade mission has been designated as a Certified Trade Mission by the U.S. Commercial Service. The trade mission will see a select group of American brands receive valuable briefings, research and the opportunity to meet potential Indian franchisees. Itinerary items include country briefings with U.S. Embassy officials and U.S. Commercial Service officers, meetings with government ministries, site visits, one-on-one matchmaking meetings with pre-screened local investors.
As recently as 2009, franchising was still seen as emerging in India, but has grown steadily over the past five years. According to the US Commercial Service, there are 45,000 franchise outlets in India with a value of $13.4 billion. Those numbers are expected to grow to 168,000 units by 2017, worth $50.4 billion. Retail is the largest franchise sector, worth $10.6 billion, followed by food and beverages, ringing up sales of $1.2 billion. India now boasts the largest middle class in the world and has no franchise specific laws. India offers an increasingly well-travelled population, many of whom have been educated in the U.S. and are familiar with and welcoming of U.S. brands.
The brands include
the likes of Focus Brands, Wing Zone, WOW Cafe, Round Table Pizza, World of Beer, Orange Leaf, Fast Signs, Hertz Equipment Rental, Make Meaning, Massage Envy, and Title Boxing falling in Food and Beverages, Advertising, Rental, Entertainment, Hospitality, Health and Wellness sectors.
US Franchise Trade Mission to India organized by US Department of Commerce (Embassy of United States of America in India). The delegation will be in New Delhi on 11th and 12th December. Limited slots available for one to one business meetings. Please contact Ms. Surya Handa on following contact details : Email: email@example.comÂ Tel +91 11 40560000 / firstname.lastname@example.org