Bangalore, Karnataka India (PressExposure) October 29, 2011 -- Mr. C.Y. Pal, President, Franchising Association of India, welcomed Mr. Amit Nahar, CEO Sparkleminds Franchise Bazar, A veteran of the Indian Franchise Industry, as Vice President, Southern Council. Elaborating upon the development, he stated, "We are very excited to bring on board Mr. Nahar, who has served this industry for more than a decade now and has been instrumental in the success of several national & international franchise brands in India. With a reputed franchise consultant like him joining us as a patron member, we are sure that this will be another feather in the associations cap and will help its members tremendously."
Mr. C.Y. Pal added, "We are also proud to announce the opening of our South India Office at 307, Swiss Complex, 33, Race Road, Bangalore, and will soon be servicing our franchisees, franchisers and members from here. We also look forward to expanding the association's activities and membership base across the very important South Indian region."
Mr. Amit Nahar, explained, "The extensive need for reaching out to a large number of franchisers and franchisees seeking support from the association. With over a 1000 franchisers operating presently in India, most of them, need support and guidance during the various phases of the franchise expansion of their business. The association will provide them a ready base of tested and proven solutions, through its members, vendors and suppliers. On the other hand there are several thousand entrepreneurs seeking new franchisees and are not sure of which ones to engage with. The association will work closely with the entire franchising community. It has already been working extensively on the above solutions over the years, but I am sure several new initiatives that will be implemented in the coming months, will further help the budding franchisers and the established ones, and will off-course, ensure that the franchisee seekers will engage with credible franchise companies, who are certified association members."
Speaking upon the need of reaching out to the several franchise mature states of Andhra Pradesh, Tamil Nadu, Kerala, Karnataka, Pondicherry and Goa, Mr. Nahar opined, that it is amongst the most fertile regions for franchising in India. "Tier I Cities like Bangalore, Chennai, Hyderabad, and Kochi have been witnessing tremendous growth, where several international franchises are presently operable along with several master franchises being signed up in these cities. Along with Tier II cities of Coimbatore, Madurai, Trichy, Vizag, Vijaywada, Nellore, Tirupathi, Mysore, Mangalore, Hubli, Calicut & Ernakulam, the southern region of India, is today, amongst the most organized and favorable zones for franchise growth. The association's presence and renewed activities in these cities over a period of time will ensure that we take franchising to the common man and improve their lives and livelihood. We will look to extend our reach to these cities in the coming times as franchising makes inroads into Bharath from India."
To The Editors:
About Franchising Association Of India:
The Franchising Association of India (FAI), is a Membership Organization of Franchisors, Franchisees, Vendors, Consultants, Financial Institutions and Students and others constituted for the growth and development of franchising in India. FAI is the only member of World Franchise Council (WFC) from India, an amicable and non-political association of National Franchise Associations under the support of the International Franchise Association (IFA) and supported by the European Franchise Federation. Its objective is to Exchange and safeguard the business environment for franchising, both with regard to franchisors and franchisees. Act as the resource center for current and prospective franchisors, franchisees, the media and the Government. Disseminate knowledge to promote the concept of 'franchising' and propagate it as a healthy business practice. Establish a forum for discussion and deliberation on Franchising related matters and problems and help promote the interest of members by organizing seminars, conferences and meetings.
About Amit Nahar:
Is the founder CEO of Sparkleminds, a franchise consultancy formed in 1998 to offer end to end solutions to business owners seeking to expand their businesses through franchising. He further went on to establish franchisebazar.com in 2010, where entrepreneurs are serviced and matched with the right franchise business opportunities. Having worked with over 400 national and international brands, Mr. Nahar, has to his credit, very vast and diverse experience in several industries across the franchising spectrum. A prominent speaker, trainer, advisor and columnist, he continues to work across several domains of knowledge and skill transfers and is amongst the most respected franchise consultants in India.