Franchising Association of India (FAI) is holding its annual conclave at the IRF on 28th September 2010. The conclave will see some of the most successful franchisors and franchisees from India and overseas deliberating on the theme ’Franchising – The Future Of Retailing In India’.
Mr C Y Pal Chairman mentioned, "with the increasing spirit of enterprise in the retail sector, the franchising format is finding large and growing presence in hundreds of malls and otherwise all around the country. I believe that IRF 2010 will provide an excellent forum for debating the issues involved for managing orderly growth and for evolving the directional steps that the franchising industry should work towards in the coming years."
The backdrop of the event will revolve around how franchising as a business model has witnessed rapid growth in recent years, along with emergence of many modern retail formats, there is lot more that remains to be done to steer orderly growth of franchising to ensure ongoing successes in this domain and to minimise failures. Simply lobbying with the Government to bring in more regulation is not the right answer to the issues involved. Bringing in transparency and professionalism in Franchisor-Franchisee business relationships based on international best practices is going to be the major challenge.
The Discussion points being:
The current status: The number of franchising systems in the country and projected growth in the coming years.
Issues based on current experience.
Support systems required for orderly growth of the industry.
International best practices: Franchise agreements, disclosure norms.
Do we need Govt involvement and regulation?
Way forward in the coming years.
The conclave aims to foster the spirit of franchising in India which is growing at a very fast pace.The franchise event aims to bring the franchise industry together to discuss how they could collaborate to enhance franchise growth and play a vital role in the future of retailing in India .The conclave will see the franchise leaders and the entire franchise fraternity come together to celebrate the coming of age of franchising in India.
Members of the FAI could register online on:
http://www.indiaretailforum.in/fai.asp
Tags:FAI, Franchise Association India, Franchising Association Of India, Franchise Conclave, Franchise Event, Franchise Industry, franchising systems,india franchise, india franchising.
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