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Franchise India Holdings Pvt. Ltd. has launched Franchise India Solutions- a platform offering Modern Retail Services to market any brand across different offline and online retail channels through strategic development. The platform enables any retail brand to aggressively penetrate into the Indian market by extending strategic associations with prospective multi-brand retail stores, M&As, JVs etc. and by offering consultancy based on Marketing strategies, Production Distribution, Funds etc. Gaurav Marya, President Franchise India states: “With Franchise India Solutions, we aim to take the Retail Industry to the next level, as we see tremendous opportunity in the market remaining unexplored. Modern retail with penetration of only 5 per cent will grow by about six times from the current US$ 27bn to US$ 160bn by 2020. Digital channels which are a miniscule percentage of modern retail today, will increase to 6 - 8 per cent of total modern retail amounting to about US$ 13.3bn – US$ 17.6bn by 2020.” Moreover, the platform is compliant to international quality standards by offering well advanced retail solutions and also offers integration with global supply chains.
“Apparel segments hold maximum share in the market with 35 per cent derived from high profit margins and easy supply chain. It is followed by FMCG which has 30 per cent market share. However, we are planning to explore myriad products and service industries including Media and Entertainment, FMCG, Real Estate, Pharmaceuticals, FnB, and Hospitality etc. With Franchise India Solutions in place, we aim at revolutionising the overall space by bringing forth new developments”, says Marya.
