07 December 2009
The UK's largest specialist textiles, lifestyle and home décor retailer Rosebys plans to expand its stores in India and also re-enter the European market which it quit three years ago. However, it will stick to the franchise route rather than own the stores.
Rosebys chief executive Aloke Banerjee told reporters on the sidelines of a textiles conference in New Delhi on Saturfay that the company is targeting a presence across India with stores evenly spread across the metros as well as smaller towns. He said the store would increase its presence from the current 100 stores to 300 by 2011.
Banerjee said that Rosebys India is likely to generate revenues of about Rs100 crore for the current fiscal, and expects annual sales to reach Rs500crore over the next four years aided by its brand-building exercises store additions. "Our biggest cost is on brand building and there will be no let down on that,'' he added.
Rosebys, which sells products such as bed linen and cushions, is poised to benefit from rising demand for home textiles products in India, Banerjee said. He added that the company would leverage its Indian expertise to re-launch in Europe.
Indian conglomerate Gujarat Heavy Chemicals Ltd (GHCL) acquired the UK's Rosebys chain in a $40 million (Rs180 crore) deal in 2006. After the acquisition, the company promptly closed down all 320 stores in the UK.
"After the buyout, the recession hit; and we wanted to restructure the business in the UK. In the meantime we started the India operations. Now we are expanding to Belgium, France, Poland and Romania," Banerjee said. "By the end of this fiscal itself you will see our presence in one or two of those countries.''
Monday, December 7, 2009
Australian Food Brands In India
Retail Food Group Limited, a leading Australian retail food brand manager and franchisor, has decided to enter Indian market next year. The company is aiming revenue of US$87 million from the country within five years from start of operations.
"We expect revenues of $87 million from our Indian operations within five years. In 20 years, we expect Indian operations to be bigger than the Australian business," Mr. Gavin Nixon, Sales and Leasing Manager, Retail Food Group (RFG) told reporters.
RFG, the largest retail chain in Australia, last year the company’s turnover was US$505 million in the domestic market.
"The Indian food market is one of the most promising and offers immense potential. We want to capitalise on it as part of our global growth strategy," Mr. Nixon said.
RFG will be introducing all its four brands like Michel's Patisserie, Donut King, Brumby's Bakery and 'bb's cafe' in the Indian market next year and plans to double its retail strength every year.
"We will open a total of 15 outlets of four of its brands within the first year and double the number every year for next few years," he said.
RFG currently operates over 1100 outlets in Australia. The company entered China market last year
"We expect revenues of $87 million from our Indian operations within five years. In 20 years, we expect Indian operations to be bigger than the Australian business," Mr. Gavin Nixon, Sales and Leasing Manager, Retail Food Group (RFG) told reporters.
RFG, the largest retail chain in Australia, last year the company’s turnover was US$505 million in the domestic market.
"The Indian food market is one of the most promising and offers immense potential. We want to capitalise on it as part of our global growth strategy," Mr. Nixon said.
RFG will be introducing all its four brands like Michel's Patisserie, Donut King, Brumby's Bakery and 'bb's cafe' in the Indian market next year and plans to double its retail strength every year.
"We will open a total of 15 outlets of four of its brands within the first year and double the number every year for next few years," he said.
RFG currently operates over 1100 outlets in Australia. The company entered China market last year
Franchise Business Opportunities In India
India is one country that offers various franchise and business opportunities. In todays cut throat competitive world everyone wants to stay ahead in the race of success and for that majority people have decided to indulge themselves into business.
Seeing todays movement you can say that franchise is one business which is riding high these days and with the entrance of foreign and big players more franchise and business opportunities have popped up. According to the experts, franchise business is the safest business as it involves less investment with more revenue. Thats why more and more people are now moving towards the available franchise opportunities. The franchise business is in boom these days as many big and international food giants are looking for the people who can help them in setting up their outlet in India.
This sudden need has created a lot of franchise and business opportunities for the people and anyone cashing this opportunity now will always be on the profitable side. Indias vast geographical expanse, multilingual culture, strong and powerful economy and also growing middle class all clubbed together provide excellent franchise and business opportunities in India. Franchise business is riding high these days in India and there is a sudden boom in various sectors such as food and beverage, raw materials, power supply, fuel, tourism, services and even commercial ventures.
Recently, United Nations Conference on Trade and Development or widely known as UNCTAD reported that, currently India is comfortably positioned among the top four Asian destinations for foreign direct investment. And by this you can predict that, soon more and more foreign companies will be coming and setting up their base in India. This means more lucrative franchise and business opportunities in India. Another main reason behind this boom is that the cost of hiring an employee in India is much lower than the west, thats why, so much work is outsourced to India and many companies are setting up their operations here.
Thus, if you wish to achieve success and also the revenue then this is the time to hunt and cash on the franchise and business opportunities available in India. For more information on franchise and business opportunities, business opportunities India, franchise companies in India and franchise opportunities India please visit www.sparkleminds.com
Seeing todays movement you can say that franchise is one business which is riding high these days and with the entrance of foreign and big players more franchise and business opportunities have popped up. According to the experts, franchise business is the safest business as it involves less investment with more revenue. Thats why more and more people are now moving towards the available franchise opportunities. The franchise business is in boom these days as many big and international food giants are looking for the people who can help them in setting up their outlet in India.
This sudden need has created a lot of franchise and business opportunities for the people and anyone cashing this opportunity now will always be on the profitable side. Indias vast geographical expanse, multilingual culture, strong and powerful economy and also growing middle class all clubbed together provide excellent franchise and business opportunities in India. Franchise business is riding high these days in India and there is a sudden boom in various sectors such as food and beverage, raw materials, power supply, fuel, tourism, services and even commercial ventures.
Recently, United Nations Conference on Trade and Development or widely known as UNCTAD reported that, currently India is comfortably positioned among the top four Asian destinations for foreign direct investment. And by this you can predict that, soon more and more foreign companies will be coming and setting up their base in India. This means more lucrative franchise and business opportunities in India. Another main reason behind this boom is that the cost of hiring an employee in India is much lower than the west, thats why, so much work is outsourced to India and many companies are setting up their operations here.
Thus, if you wish to achieve success and also the revenue then this is the time to hunt and cash on the franchise and business opportunities available in India. For more information on franchise and business opportunities, business opportunities India, franchise companies in India and franchise opportunities India please visit www.sparkleminds.com
Education Franchise Opportunities In India
India is a land of contradictions and dichotomies and this extends to the area of education as well. We have the IITs and IIMs at one of the scale, and teacher-less schools at the other. After independence, India emphasized developing centers of higher learning. India also retained English as a medium of instruction; this has contributed greatly to its economic growth.
India’s youth, comprising over 50 percent of its population, is referred to as its demographic dividend. A rough statistics in the past year estimates the presence of 367 universities, 18,000 colleges, half-a-million teachers and about 11 million students on the rolls (Source- ibef.org). These figures have since escalated but they throw light on the large Indian education market & the opportunity therein but more importantly it also throws light on the gap between educated population & employable population. Statistics reveal that less than 25% of the graduates are actually employable. It is believed that based on the current and future manpower requirements of the various sectors, there is a huge demand-supply gap in the education space.
This has attracted many players to invest in education and training institutions with the aim of building valuable franchises that can be rapidly scaled up. The core job of these players is to make a candidate employable by training them in the right courses effectively inculcating the need to be abreast of the present & future requirement & acquiring newer & multilevel skills. Coaching classes, Vocational training, IT Training institutes, English speaking classes etc. are a few examples of such entities.
The latest news that India’s education sector is forecasted to increase its IT spending from an estimated $356 million in 2008 to $704 million by 2012, reflecting in a Compounded Annual Growth Rate (CAGR) of 19 percent during 2007-2012, according to the research study by Springboard Research, an IT Market Research industry (Source - Silicon India)
The spin-off benefits that this sector has created is that, along with ensuring quality education & making candidates employable, it has created several entrepreneurs countrywide & that explains the reason as to why franchising is so successful in the education sector.
This has also led to the growth & rise of entrepreneurs who have contributed significantly. Specially, Women Entrepreneurs who have an inherent quality of being very deft in building rapport & look at things from a human angle as well thus are very good in customer service. So, it is not surprising that women tend to launch businesses that are client based or service-oriented.
Source:Surjeet Singh Padma.
India’s youth, comprising over 50 percent of its population, is referred to as its demographic dividend. A rough statistics in the past year estimates the presence of 367 universities, 18,000 colleges, half-a-million teachers and about 11 million students on the rolls (Source- ibef.org). These figures have since escalated but they throw light on the large Indian education market & the opportunity therein but more importantly it also throws light on the gap between educated population & employable population. Statistics reveal that less than 25% of the graduates are actually employable. It is believed that based on the current and future manpower requirements of the various sectors, there is a huge demand-supply gap in the education space.
This has attracted many players to invest in education and training institutions with the aim of building valuable franchises that can be rapidly scaled up. The core job of these players is to make a candidate employable by training them in the right courses effectively inculcating the need to be abreast of the present & future requirement & acquiring newer & multilevel skills. Coaching classes, Vocational training, IT Training institutes, English speaking classes etc. are a few examples of such entities.
The latest news that India’s education sector is forecasted to increase its IT spending from an estimated $356 million in 2008 to $704 million by 2012, reflecting in a Compounded Annual Growth Rate (CAGR) of 19 percent during 2007-2012, according to the research study by Springboard Research, an IT Market Research industry (Source - Silicon India)
The spin-off benefits that this sector has created is that, along with ensuring quality education & making candidates employable, it has created several entrepreneurs countrywide & that explains the reason as to why franchising is so successful in the education sector.
This has also led to the growth & rise of entrepreneurs who have contributed significantly. Specially, Women Entrepreneurs who have an inherent quality of being very deft in building rapport & look at things from a human angle as well thus are very good in customer service. So, it is not surprising that women tend to launch businesses that are client based or service-oriented.
Source:Surjeet Singh Padma.
Sachin Tendulkar ST all set to FRANCHISE Brand Sachin.
Sachin Ramesh Tendulkar is the God of Cricket and with a billion Indian fans and many more around the world, the ‘god’ now wants to go the FRANCHISE route to spread the gospel. Want more energy from a chocolate bar? Buy Sachin Tendulkar’s. Want more glucose from that good ol’ biscuit? Try ‘god’s own brand’.
Want better running shoes that can make you perhaps even fly? Try Adidas’ God, err ST line. Want a better cover drive? Join one of his cricket nurseries that will spring up from Ahmedabad to Adelaide. Want a better orgasm? We don’t know if he can help, but what the heck, if KamaSutra can pay a premium, the Mumbai Bomber might just oblige.
India’s greatest sporting icon is making sure that before he hangs up his boots, Brand Tendulkar is a sustainable multi-million dollar cash cow. Says Venu Nair, president (South Asia), World Sport Group: “Sachin is planning a brand overhaul. We are working with him to chalk out a strategy to make sure that the sustainability curve of his brand doesn’t dip suddenly after he stops playing. We are betting on him for at least the next 10 years.”
Here’s the plan: A mnemonic (ST) has already been designed and can be seen on Tendulkar’s bat. This will slowly be extended to cricket academies, sporting goods, apparel, chocolates, health drinks, energy bars, coaching books and manuals among others. “We are planning four zonal ST branded cricket academies in the next 12 months with one each in Australia and England,” reveals Nair. “In the next five years, we expect the ST brand to be worth $75-100 million.” But wait, the stumps are not drawn yet.
Source:ET 6 Dec 2009, 1945 hrs IST, John Sarkar & Amit Sharma, ET Bureau
Want better running shoes that can make you perhaps even fly? Try Adidas’ God, err ST line. Want a better cover drive? Join one of his cricket nurseries that will spring up from Ahmedabad to Adelaide. Want a better orgasm? We don’t know if he can help, but what the heck, if KamaSutra can pay a premium, the Mumbai Bomber might just oblige.
India’s greatest sporting icon is making sure that before he hangs up his boots, Brand Tendulkar is a sustainable multi-million dollar cash cow. Says Venu Nair, president (South Asia), World Sport Group: “Sachin is planning a brand overhaul. We are working with him to chalk out a strategy to make sure that the sustainability curve of his brand doesn’t dip suddenly after he stops playing. We are betting on him for at least the next 10 years.”
Here’s the plan: A mnemonic (ST) has already been designed and can be seen on Tendulkar’s bat. This will slowly be extended to cricket academies, sporting goods, apparel, chocolates, health drinks, energy bars, coaching books and manuals among others. “We are planning four zonal ST branded cricket academies in the next 12 months with one each in Australia and England,” reveals Nair. “In the next five years, we expect the ST brand to be worth $75-100 million.” But wait, the stumps are not drawn yet.
Source:ET 6 Dec 2009, 1945 hrs IST, John Sarkar & Amit Sharma, ET Bureau
Friday, December 4, 2009
Koutons to Add 100 Stores This Year
Retail apparel firm Koutons India, with an aim of expanding its presence in India, has mentioned that it will be coming up with 100 new stores across the nation. It also mentioned that it hopes that its revenue witnesses a growth of 35% during the 2009 – 2010 fiscal year.
"We are planning to open at least 100 more stores, taking our retail chain's strength to 1,500 stores’, said the Koutons Retail president Balvinder Singh while addressing the media on the margins of an event in New Delhi.
"We are on an expansion mode, and our franchise business model is doing well specially in tier II cities. This year even amid slowdown, we are expecting a growth of 30-35 percent," he added.
In 2008-09, the company had posted a turnover of Rs.1,000 crore.
Koutons is looking to consolidate its presence across the different regions of the country to have a penetrated national foot print.
"We are planning to open at least 100 more stores, taking our retail chain's strength to 1,500 stores’, said the Koutons Retail president Balvinder Singh while addressing the media on the margins of an event in New Delhi.
"We are on an expansion mode, and our franchise business model is doing well specially in tier II cities. This year even amid slowdown, we are expecting a growth of 30-35 percent," he added.
In 2008-09, the company had posted a turnover of Rs.1,000 crore.
Koutons is looking to consolidate its presence across the different regions of the country to have a penetrated national foot print.
International Commercial Cleaning Franchise In India
New Zealand's largest commercial cleaning franchise, Crest Commercial Cleaning, has struck up a deal in India which will see it operating in around a dozen cities and employing thousands of people in the next two years.
Since securing the country licence agreement in 2008, Crest Commercial Cleaning (India) Pvt. has employed 300 people in India. It is now on track to expand that to 3000 employees in the next two years, as a growing number of companies in India place more emphasis on hygiene and cleanliness.
"We have established ourselves in this powerhouse economy at an opportune time," says Crest co-owner and spokesperson Grant McLauchlan "As the Indian economy becomes more sophisticated, customers, particularly international corporates, are demanding better hygiene standards.
"Many people tell us that one of the big barriers to doing business in India is hygiene and so we are seeing savvy companies starting to make that a priority," Mr McLauchlan says, on his return from a business trip to India last week.
He says with a 6-9 per cent growth rate and a population of a billion people, India's growth potential is huge.
"The country has developed more of a Western feel in the big cities and there are large shopping malls and office blocks emerging all over the skyline."
"Obviously there is an opportunity for us to maintain these buildings, whether it is the provision of cleaning services or electrical and mechanical maintenance of the infrastructure."
He says cleaning, or housekeeping as it is known in India, is worth around $150 billion per annum but is currently serviced by untrained, poorly resourced contracting companies.
Competition for customers is tough as hundreds of new shopping malls try to attract people through cleaner more hygienic environments for the new middle class, which is relocating to Indian cities.
Mr McLauchlan says Crest is doing well in the Indian market because it is a quality brand, with excellent training programmes in place for staff. The training in India is based on New Zealand standards. Crest New Zealand cleaning staff in New Zealand are required to undertake an NZQA recognised qualification which leads to a National Certificate in Cleaning and Caretaking.
"Training cleaning staff to achieve nationally recognised qualifications makes more sense for commercial cleaners than hiring unskilled staff," he says "Training has a very positive effect on morale, motivation and on the person's ability to carry out cleaning to high standards.
"While New Zealand and India are our focus over the next two years we are looking at expanding into other Asia countries and the Middle East beyond that," he said.
Hence entrepreneurs in India can look forward to a host of international service franchisees lining up in India to offer their services to the indian consumer.
Since securing the country licence agreement in 2008, Crest Commercial Cleaning (India) Pvt. has employed 300 people in India. It is now on track to expand that to 3000 employees in the next two years, as a growing number of companies in India place more emphasis on hygiene and cleanliness.
"We have established ourselves in this powerhouse economy at an opportune time," says Crest co-owner and spokesperson Grant McLauchlan "As the Indian economy becomes more sophisticated, customers, particularly international corporates, are demanding better hygiene standards.
"Many people tell us that one of the big barriers to doing business in India is hygiene and so we are seeing savvy companies starting to make that a priority," Mr McLauchlan says, on his return from a business trip to India last week.
He says with a 6-9 per cent growth rate and a population of a billion people, India's growth potential is huge.
"The country has developed more of a Western feel in the big cities and there are large shopping malls and office blocks emerging all over the skyline."
"Obviously there is an opportunity for us to maintain these buildings, whether it is the provision of cleaning services or electrical and mechanical maintenance of the infrastructure."
He says cleaning, or housekeeping as it is known in India, is worth around $150 billion per annum but is currently serviced by untrained, poorly resourced contracting companies.
Competition for customers is tough as hundreds of new shopping malls try to attract people through cleaner more hygienic environments for the new middle class, which is relocating to Indian cities.
Mr McLauchlan says Crest is doing well in the Indian market because it is a quality brand, with excellent training programmes in place for staff. The training in India is based on New Zealand standards. Crest New Zealand cleaning staff in New Zealand are required to undertake an NZQA recognised qualification which leads to a National Certificate in Cleaning and Caretaking.
"Training cleaning staff to achieve nationally recognised qualifications makes more sense for commercial cleaners than hiring unskilled staff," he says "Training has a very positive effect on morale, motivation and on the person's ability to carry out cleaning to high standards.
"While New Zealand and India are our focus over the next two years we are looking at expanding into other Asia countries and the Middle East beyond that," he said.
Hence entrepreneurs in India can look forward to a host of international service franchisees lining up in India to offer their services to the indian consumer.
Subscribe to:
Posts (Atom)