Hero MotoCorp signs distribution agreement with Harley Davidson

In late September 2020, Milwaukee, Wisconsin-based company Harley-Davidson a luxury two-wheeler motorcycle company made it known that it will freeze sales and manufacture in India. The company made up its mind to cut the overall cost structure through shutting down of loss-making subsidiaries. The pandemic of Covid-19 adversely affected profitability. The company up till now flourished in India for 11 years and is now as a global "2020 Reconstructing Activities". Under this scheme decision like workforce reduction and ending of selective contracts was globally taken. The company will focus on markets of the USA, Europe, and sections of Asia Pacific. Harley-Davidson and Hero MotoCorp formally confirmed signing a distribution agreement through partnership. This will permit Her MotoCorp to market and service bikes of Harley-Davidson in the Indian Market. Hero MotoCorp will also market accessories as well as riding gear and apparel through a connection of brand-exclusive Harley-Davidson dealers and Hero's current dealership network in India. The fans can still purchase the motorcycle of Harley-Davidson in India. Hero MotoCorp is the world's largest manufacturer of motorcycles and scooters. The licensing agreement gives the reign of development and marketing of premium motorcycles under the Harley-Davidson brand name. Hero MotoCorp stated," This arrangement is mutually beneficial for both companies and riders in India, as it brings together the iconic Harley-Davidson brand with the strong distribution network and customer service of Hero MotoCorp."

Hero-electric and CredR promote electric bikes

CredR an omni-channel two-wheeler used consumer brand to work together with Hero Electric a leading Electric Mobility OEM, India in which the users can exchange any petrol operated two-wheeler for a Hero Electric scooter or bike. At the time of exchange of scooter, CredR will extend immediate quotes for old petrol scooters and lowering the genuine cost of Hero Electric scooters. The exchange process is convenient and trouble-free and will happen within days. Owners will be required to bring the used petrol vehicle for physical investigation and valuation at any Hero Electric outlet. For total exchange process CredR will validate the documents and the status of the petrol version. This plan is in the offering at Delhi, NCR, Hyderabad, Jaipur, Bangalore, and Pune. More cities will be covered soon. Clarifying on this collaboration, SasidharNandigam, Chief Strategic Officer, CredR said, "India's Electric mobility landscape is going to change dramatically post COVID-19 pandemic and the sales are expected to rise. As the sales of overall two-wheelers will see a boom, there will also be a rise in sales of second-hand e-two wheelers. Currently, electric mobility contributes to less than 1% of the two-wheeler market that can only increase from here. We are tremendously excited to partner with an industry giant like Hero Electric in bringing about this shift in the market." Commenting on the declaration, Sohinder Gill, CEO, Hero Electric, said, " As one of the leading EV brands in India, we are looking to enhance the accessibility and affordability for e2W buyers. Post unlock, we have seen good demand for Hero e-scooters as a reliable and affordable personal mobility solution. We believe increased consciousness towards safer and affordable means for transportation will make more petrol buyers consider EV. At this junction, the instant exchange scheme from CredR clubbed with unique leasing and low instalments will only help more people buy a Hero Electric scooter."

The MFCWL highlights used car segment through new stores

The Mahindra First Choice Wheels Ltd (MFCWL) displays 50 additional franchise stores all over India. These will command the market segment of used cars in a systematized way through new stores. Mahindra First Choice Wheels Ltd, India is a popular multi-brand used car vendor now showing its presence in tier I/II/III/ cities in India. The MFCWL stores have now had outlets in states like Haryana, Uttar Pradesh, Rajasthan, Bihar, Maharashtra, West Bengal, Haryana, Punjab, Kerala, and Tamil Nadu. Ashutosh Pandey, CEO & MD, Mahindra First Choice Wheels LTD, said, "Used cars, with their attractive pricing and good quality, remain a viable alternative for a large section of customers looking to purchase a car, especially in a challenging economic environment. This trend is a lot more, predominant in Tier II/III India which is why we are expanding our footprints rapidly to the remotest of cities." The facilities extended to the fresh 50 stores will facilitate buying and selling of used-car, 118-point investigation update, warranty for Mahindra Certified used cars, effortless finance, and trouble-free RTO transfer and much more. Every care sold through the stores will come equipped with sanitation kit with stress on sanitation. The kit will be equipped with two face masks, a set of gloves, car disinfection spray, and a bottle of hand sanitizer. The manual will educate through a systemic account of the process to sanitize the vehicle. This new venture will promote systemic eco-system in a very disorderly sector of used cars prevailing for many years. The company is known for its trust and transparency in business dealing. The franchisees, customers, dealers, and institutional clients will benefit through the new endeavour. The franchise holder will be given the facility of technology, training, software, branding as well as marketing. MFCWL favour franchises with automotive industry background in some way. The offer is being given to partners like two-wheeler OEM dealerships, new car OEMs, and chaotic used-car dealers ready to rebrand as an MFC dealer. MFCWL functions in four retail categories inclusive of Xpress store, standard store, superstore, and edition store. The initial capital of the appointed dealer begins from 30 lakhs for an Xpress avenue needing a space of 500 sq. Ft. The investment is hiked to 4 crores for an Edition store with the mandatory requirement of 1,500 internal storage space and 10,000 external space. The profit margin varies between 8-15% based on the vehicle being transacted.

Daimler India for deeper market penetration through 350 dealerships

The Chennai positioned commercial vehicle builder both in terms of sales and production Daimler India a subsidiary of the Stuggart-headquartered Daimler is concentrating on higher digitalisation and sale process.

The company intends to enter the market through an increase in value-added services to customers with 350 dealerships pan-India in the coming two years. The company manufactures Bharat Benz buses, Mercedes-Benz coaches and bus chassis. In previous month DICV opened 10 touchpoints in a single day. The new competence will increase approximately 300,000 sq. ft of workshop space in addition to over 40 mechanical bays. The DICV dealership connections will be able to services excess of 40,000 vehicles a month.

Satyakam Arya, Managing Director and Chief Executive Officer, Daimler India Commercial Vehicle (DIVC), said, "We are the only commercial vehicles maker in the country which is expanding the dealership network. Last year we ended at 230 touchpoints and this year our target is to have more than 250 touchpoints by the end of this month. Our final picture is to have a minimum of 350 dealerships by 2022." "The network expansion is part of the announcement made last year and it is definitely going to be focus area for the company in the next two years," Arya stated. The two recent telematic solutions the Truck Connect and Bus Connect will permit operators to track and analyse their vehicle in real-time. This is digitisation push.

The ProServe will facilitate customers to do more than 65 transactions namely bookings for service, renewing service contracts insurance and much more. "What we are doing now is we are digitalising our entire sale transaction, in which right from generating a lead to closing a sale deal will be done on a tab. So, the entire customer interface with us will become digital. Due to COVID-19, the entire digitisation initiative will be accelerated by at least 10 years," Arya further stated.

Ajanta Shoes project Rs 500 crore high-end products in FY21 as an expansion

Ajanta Shoes a 64-year-old Kolkata based business house reviewed its revenue of Rs 400 crore in the fiscal year gone by. The target is to peak to Rs 500 crore turnover in the coming year. This will be done through the "right products and marketing strategy". The aim is to achieve a 25% jump in turnover although COVID-19 pandemic created market disruptions which may linger on till next year.  Several in competition footwear companies in the market are still striving at present to meet the sale targets of 2019-20

The new entrant sports shoe brand 'Impakto', is meant for youths and the expanding sector of fitness-conscious clients.  The managing director is confident about the positive sales of these shoes.

"COVID-19 has no impact on us as we have got adequate orders. Online sales are strong. Our wholesale segment also did well during the coronavirus crisis," Ajanta Shoes managing director SagnikBanik stated. He further added that the company has planned to enlarge its operations.

"We have plans to take the number of stores to 250 over the next two years from 105 at present. We are looking to promote the brand across the country," he added.

Ajanta Shoes has a network of 800 dealers and sub-dealers and 20,000 retailers all over the country.

Bata multi-brand footwear enterprise under Gunjan Shah

Bata is a well-known brand in the sphere of variety in footwear for all ages and seasons. In the previous year, the company opened 82 new stores. Among these 64 are franchises.  The e-commerce purchases increased by three times because of the pandemic.  An exclusive group has been created in the company to become a leader in the Indian e-commerce sector. The company made bumper sales of 50 million before Covid presence came around. The profitability is being contributed to tier 2 and still smaller cities.

The Bata group promotes 1500-plus stores in India. The buyers prefer casual footwear for online buying. Those buyers who are budget particular like the deals which are offered from time to time.

Gunjan Shah an exceptional executive is the new chief executive of Bata since May 2021.  He took charge of Sandeep Kataria. Sandeep Kataria got a hike as global CEO of Bata Brands. Gunjan Shah pioneers the long-term growth of the business and human resources. With his team, he can drive his business proposals to a rewarding end.  In short, vision can be transformed into action. The office hierarchy is managed without conflict.  The team of the company will get motivated under his guidance. He stated that the formal range of shoe sales will go up once Covid restrictions are lifted.

Gunjan has wide-ranging expertise in assorted sectors of consumer durables, telecom and FMCG. He worked with Britannia, Asian Paints, and Motorola. It is for this reason he can interpret consumer behaviour and their trend of thinking. Thus, he is very familiar with the Indian market and can deal with its complicities.  India is an important market for Bata and the company looks with anticipation of better growth for the company under Shah.

Shah is confident of carrying forward the legacy of the company through profitability. The interest of stakeholders is also be kept in mind. Gunjan is very well qualified. He is a Bachelor of Technology in computers from VJTI Mumbai. He has a post-graduate diploma in Management from the Indian Institute of Management, Kolkata. Gunjan Shahwill join the company in June 2021 and will be stationed in Gurugram.

Bata brand is respected among the users.  The company is 85 years old. The company caters to the requirement of the whole family. Each year it serves 120,000 plus customers on daily basis. Some of the popular names of footwear are Hush Puppies, Marie Claire, North Star etc.

Bumper Return Business Idea, Post Office Franchise Plan

The post office offers the desirous candidates the to begin a business with good returns every month. Begin a new business with an initial cost of Rs. 5,000. Post Office has started a new scheme of offering franchises to selected candidates. At present, there are 1.55 lakh post offices but many areas are not covered. Thus, this franchisees scheme. Is based on a commission basis and not on wages. The more input of successful services rendered the more returns are gained.

The two types of franchises open to aspirants are the franchise outlet and postal agents franchise. Agents who carry postal stamps and stationery from door-to-door both in urban and rural regions are labelled postal agents. To get a franchise Rs. 5000 is required. The rest of the earnings come from commissions you get for the post office.

Youngsters are vying for better jobs as beginning your business is riskier. Post Office business is a new format for aspirants to earn money by collaborating with a government organization. The Indian Postal Service network is well laid out but still many regions are not covered.

The postal services include small savings accounts, sending money orders, delivering stationery, and buying stamps.  The government has decided to introduce the Post Office Franchise Plan to reach accessible far and wide.

Franchise Eligibility

• The age of the aspirant should be more than 18 years
• The person should be an Indian citizen.
• The person should not be a relative of its employee.
• The minimum qualification should be an 8th pass from a recognized school.
• A prescribed form available at the post office should be filled with correct information and submitted.
• Once selected an MoU is signed with Indian Post once selected.

Information required

Process 1-Fill in the prescribed application form describing the business plan and activities those will be undertaken in the franchise outlet.

Process 2-The form is available at any post office. Attach copies of the proposals to the outlet. The application can be downloaded from the official website of the Department of Posta, Government of India.

Process 3-Once the form is submitted the opted franchise will be required to sign a Memorandum of Agreement (MoA) with the department.

Process 4-The final selection for allotting post office franchise scheme by the respective Divisional Head within 14 days from the date of form submission.

Why people invest in Post Office Saving Schemes; -

• Documentation simple and Procedure-Easy steps to invest and enroll. People from urban and rural areas invest in post offices throughout the year.
• The interest rates are competent-The risks involved are minimal as it has government backing.
• Tax Exemption-the deposit amount is eligible for tax rebates under Section 80C on the deposited amount.
• Different investment needs-the various investment schemes differ in deposit limits, tax implications, and return on investment. The investor can choose according to requirements. 

Investing in Post Office Time Deposit, Post Office Recurring Deposit, Post Office Monthly Income Scheme, National Savings Certificate and Kisan Vikas Patra has a lock-in period and is paid with interest. The rate of interest is revised from time to time.

Even though the salary is not fixed franchise owner gets a commission for the successful services rendered.

Earn Up to Rs 75,000 Per Month By Becoming a Flipkart Delivery Franchise Owner

A Flipkart delivery franchise might be a good option for you if you're looking for a way to make more money. In India, Flipkart is the biggest web-based retailer because of the ubiquity of web-based shopping. Flipkart is constantly looking for more franchisees to help them reach more people.

As an entrepreneur franchisee, you would be responsible for delivering orders to customers in your area.

What Is Flipkart Conveyance Establishment?

A type of franchising in which the franchisee agrees to provide goods or services on behalf of the franchisor is known as this. These businesses are often used by online retailers because they can outsource their delivery needs to franchisees.

Necessities For A Flipkart Delivery Franchise

You should satisfy a couple of conditions to turn into a Flipkart conveyance accomplice. You would first need your own vehicle. The subsequent prerequisite is that you have a momentum driver's permit. You must be able to guarantee delivery dates as the third requirement. You should have somewhere in the range of 500 and 1500 square feet of room.

Flipkart Franchise for Delivery: Information About the Investment

The cost of a Flipkart delivery franchise varies depending on the size of the territory, the areas you want to serve, and the number of orders you can handle. Be that as it may, you want a financial plan between Rs 1 lakh and Rs 5 lakh for a little and immense domain, separately.

Flipkart Delivery Franchise: Know the Benefit

The size of your locale and the quantity of orders you can resolve to are only two factors that influence how much benefit you might produce as a Flipkart conveyance accomplice. Nonetheless, in the event that you're ready to satisfy countless orders, you could expect to create a decent gain.

You would receive a commission for each delivery you make. The precise commission amount was influenced by the location of the delivery and the nature of the goods. You can procure a benefit of up to ₹5 - ₹10 lakh yearly.

Flipkart Franchise for Delivery: Eligibility Requirements

To be eligible for a Flipkart delivery franchise, you must be at least 18 years old and hold a valid driver's license. Moreover, you should have the option to ensure conveyance dates.

Celkon Acquires Touch Mobiles; Sets Expansion via Franchise Model

In addition to setting up 250 stores and expanding through franchises, Celkon plans to establish a training institute for electronic repair and service.

Celkon Group, a company that manufactures mobile phones and electronics, has acquired Touch Mobiles, a chain of electronics retailers with 42 stores in Andhra Pradesh and Telangana, for an undisclosed amount.

The organization is intending to grow the Touch mobile business through a franchise model. “To start with, we are going to set up 200 outlets in the Southern States and in Maharashtra. We would like to take it to other parts of the country in phases,” Y Guru, Chairman and Managing Director of Celkon group, has said.

The company planned to establish a center in Hyderabad to instruct 1,000 ITI (Industrial Training Institute) students in electronics repair and maintenance in order to ensure the long-term viability of the franchises. They will get a six-month training. We will assist them forge income imparting arrangements to the Touch mobile franchises that we are going carry out this year," he said.

"Aside from the franchise stores, we might want to set up 50 organization possessed stores. Many of them would be entirely run by women, he told Businessline.

Last year, Touch Mobiles made around 200 crore rupees.

Group plans

Guru said that the group had a turnover of 2,600 crore rupees. With orders for cell phones, tablets, and interactive flat panels (IFPs) from Rajasthan, Uttar Pradesh, Telangana and Andhra Pradesh states, we are expecting to contact the ₹5,000-crore turnover in 2023-25," he said.

He said the Union Government's order for foreign manufacturers to have a joint endeavor with an Indian accomplice having 51% stake in it would help the organization. " We have recently set up Run Gadgets, a joint venture with HKC, a main panel manufacturer in the world, to produce televisions," he said.

Likewise, the organization will enter an association with an OEM (original equipment manufacturer) to manufacture IFPs, which is attracting good traction from State governments for deployment in the education sector.

India's franchise industry is expected to touch 140-150 Bn in next 5 years

The market value of the Indian franchise industry is growing to reach USD 140-150 billion in the next five years. This development is being driven by various variables, including the rising number of franchise opportunities, rising customer spending, and government support for the franchise sector. The Indian franchise industry is at present esteemed at around Rs 800 billion (USD 10.4 billion) and is developing at a rate of 30-35% per year.

India is presently the second biggest franchise market in the world and is supposed to arrive at USD 140-150 billion in esteem in five years or less.

There are presently 4,600 active franchisors in India, working almost 2 lahks (200,000) outlets across all areas.

Consistently, in excess of 300 organizations in India start franchising their businesses. Of all the franchises in India, 53% are possessed by multi-unit franchisees.

Regional brands hold a 50 percent share of the Indian franchise market, followed by national brands with a 34 percent share and local brands with a 16 percent share.

Of all franchise concepts in India, 35% are food and beverage brands. The initial investment for 40% of franchisees is between 5-10 lakhs.

The Indian franchise market is still in its beginning phases of improvement, however, it has previously made a critical commitment to the Indian economy. The business represents nearly 2% of the public Gross domestic product and has made one million jobs.

The global franchise market size was esteemed at USD 100.7 billion in 2021-2022. It is expected to develop at a build-yearly development rate (CAGR) of 9.73% until 2030.

The global franchise market is projected to reach a worth of USD 175.9 billion toward the finish of 2030.

Kisna's First Franchise Showroom in Mumbai - Grand Opening

On 19th July, Jewellery brand Kisna from Hari Krishna Group opened its first franchise showroom in Mumbai. The new store is located in the R City Mall in Ghatkopar and offers a variety of high-quality and trendsetting designs for all seasons.

Member of Lok Sabha Manoj Kotak attended the showroom's grand opening, along with Ghanshyam Dholakia, Founder & Managing Director, HK Group; and Parag Shah, Director, Kisna.

Ghanshyam Dholakia announced the inauguration of KISNA's inaugural showroom in Mumbai. He conveyed his excitement in introducing the latest designs of KISNA to the heart of Western India.

He added, "We are setting up a store in the financial capital of India to expand and grow in the next phase. Maharashtra is renowned for its distinctive jewelry designs. With the inauguration of the Kisna showroom in the city, our objective is to carefully curate jewelry that aligns with local preferences and meets the increasing demand within the state.

Coca-Cola India appoints Ajay Bathija as VP for Franchise Operations

Having worked at Coca-Cola for 24 years, Ajay Bathija has extensive experience in marketing and franchise management.

Coca-Cola India declared the appointment of Ajay Vijay Bathija, as VP for Franchise Operations for Southwest Asia (SWA)

In a statement, Sanket Ray - President, India and Southwest Asia, Coca-Cola Organization, said, “Ajay has proven success taking business to new heights through his understanding of business and growth mindset. He will contribute to the organization's purpose in Southwest Asia with his astute business acumen and collaborative approach.” This incorporates markets like Nepal, Bangladesh, Bhutan, Maldives and Sri Lanka.

Bathija has almost 24 years of experience at the Coca-Cola Organization spanning marketing and franchise expertise. As the Country Manager for Bangladesh from 2018-2020, he worked intimately with the Bottling Partners to carry development to Bangladesh. In 2020, As Senior Director - Front Line Marketing, he facilitated seamless commercial and marketing execution, aligned portfolio strategies, and launched the company's most celebrated musical franchise, Coke Studio, in Bangladesh.

Kalyan Jewellers to Open Franchise Stores in Southern India

In the south, the company plans to franchise some of its 77 showrooms and reduce its working capital

By converting some of the company-owned stores into franchises, Kalyan Jewellers intends to test the same franchise model in the southern markets after building a presence through franchising in the markets.

Using the franchise-owned-company-operated model, the company plans to expand into non-south markets by more than doubling the number of showrooms.

APL Apollo's SG Speed Racers Joins CEAT Indian Supercross League

APL Apollo's subsidiary SG Sports is growing its footprint in the sports industry. The business, which previously owned the SG Alpine Warriors franchise in the Tech Mahindra Global Chess League, has now bought the SG Speed Racers franchise in the CEAT Indian Super Cross Racing League.

This league, which is run in cooperation with the Federation of Motor Sports Clubs of India (FMSCI), is the first franchise-based Supercross racing league in India. Riders from all over the world compete in a variety of competition styles and divisions.

APL Apollo has a long history of supporting sports in India. For three years running, it served as the primary sponsor of the Delhi Capital in the IPL. The company's CMD, Mr. Sanjay Gupta, is a passionate sports fan who understands sports' huge potential in India. By giving aspiring athletes a stable platform to succeed on, SG Sports seeks to change the sports industry. With the help of branding initiatives and international exposure, the business maximizes the potential of Indian sports.

Cult.fit Open 100 Successful Franchise Across India

The well-known fitness service brand in India, Cult.fit, is pleased to announce that it has successfully signed up 100 franchisee locations across the country, marking a significant milestone. This success demonstrates the company's unwavering commitment to encouraging an active lifestyle in India, which is motivated by innovation and customer-centricity, and it also demonstrates the company's resiliency in dealing with the obstacles presented by the pandemic.

Fitness aficionados in Tier I and Tier II cities across India have been served by cult.fit's franchise operations since its launch in 2020. The franchise model's integration of machine-based exercises and group class facilities under one roof, which offers customers a wide range of fitness alternatives, is a crucial feature. By establishing Fitness First and Gold's Gym locations in India in 2022, Curefit increased the scope of its franchise portfolio and further cemented its leadership in the fitness sector.

Surpassing client expectations is a cornerstone of Curefit. To provide a consistent client experience across all locations, the company places a high focus on training and operational excellence through the franchising model. This all-inclusive strategy offers support for location selection, facility setup, staff empowerment, and continuous operational support. The foundation of the franchise operations is a thorough training program, which requires trainers to complete the L0 specialized training module as well as periodic refresher training to maintain the highest levels of customer care. These rigorous standards are further reinforced through weekly operational governance meetings and joint insights exploration sessions with partners.

In South India, Go Free Cycles Launch a New Showroom and Franchise

In the world of e-bikes, Go Free Cycles has become synonymous with quality and affordability.

The renowned online bicycle company Go Free Cycles is about to make history by opening a new showroom in Bangalore. Since their launch in 2018, Go Free Cycles has made a significant impression on the online market and has come to represent quality and value in the e-cycle industry.

The key to Go Free Cycles' success is its dedication to offering premium e-cycles at affordable costs. The business imports its bicycles and puts them through stringent quality inspections to guarantee that each is made to last. Due to their persistent commitment to excellence, they have a devoted following of clients and have won several prestigious awards.

Go Free Cycles stands out for having a wide geographic reach; their services are presently offered in a remarkable 144 districts. Their position as a pioneer in the e-cycle sector has been cemented by this product's extensive accessibility.

But Go Free Cycles is not just about its products; it also has one of the best branding and design teams in the country. This crew has been essential in shaping the success and image of the business.

Honest Restaurant Franchise Opens Third Massachusetts Location

The Honest restaurant chain, which began in 1975 as a family-run street cart in Ahmedabad, has opened a third franchise in Massachusetts, totaling 42 outlets nationwide.

The Waltham branch, boasting 160 seats, recently debuted at 475 Winter Street, taking over the space previously occupied by the Thai restaurant Green Papaya. Luky Patel, along with his partners Ketan Patel and Sunny Patel, helm this establishment. Additionally, the trio is responsible for overseeing two more establishments in Massachusetts, located at 21 Wood Street in Lowell and 1381 Boston-Providence Turnpike (Route-1) in Norwood. 

According to Luky Patel, the Lowell location was very crowded and sometimes had a wait of more than an hour.
Luky Patel hopes Waltham will attract some of our customers from Norwood, Lexington, Burlington, etc. “ No one wants to wait for an hour. They want fresh food and quick.”

All foods are prepared fresh and all spices are imported directly from India, he said. In addition to those spices, Mr. Patel added that all of his restaurants use India's renowned Amul butter and cheese.

According to their website, Honest Restaurant emphasizes crafting daily preparations from scratch, cooking dishes to order, and employing only the freshest, highest-quality ingredients. Their kitchens do not rely on frozen or processed products.
 

Supercuts: Enter India Market With Master Franchise Agreement

Regis Corporation and Ravissant Style Private Limited, a division of Ravishing Style, have agreed to a master franchise agreement via which Regis Corporation will introduce its hair salon chain Supercuts to the Indian market.

Supercuts, which has more than 2,000 shops around the U.S., is getting ready to expand into India with a smart Master Franchise Agreement. Within the first five years of this partnership, Ravishing Style is anticipated to open at least 100 salons, with a goal of expanding further through exclusive sub-franchising rights throughout Northern and Western India. With the aim of improving the present client experience in India and establishing a new and alluring standard within the salon industry, this strategic alliance marks the beginning of a change of the Indian salon landscape.

Lemon Tree Hotels Opened a New Franchisee in Gujarat's Somnath

On October 3, Lemon Tree Hotels experienced a 4 percent increase in its shares during morning trading following the revelation of a franchisee partnership with Artisan Resorts. This collaboration aims to establish a resort in Somnath, Gujarat. The upcoming resort will boast 52 luxurious rooms, a restaurant, a boardroom, a fitness center, a recreation room, a swimming pool, an outdoor events venue, and various other public spaces. As per the company's regulatory filing, the hotel is anticipated to commence operations in the fiscal year 2025.

Mr. Vilas Pawar, Chief of the Franchise Business at Lemon Tree Hotels, expressed his satisfaction in unveiling the expansion of their portfolio in Gujarat alongside their esteemed partner, Artisan Resorts. He emphasized their strategic approach of diversifying their properties nationwide, specifically targeting cities in tiers II, III, and IV.

Mr. Vilas Pawar also mentioned, "In addition to our current six operational hotels and three upcoming ones in the state, this new opening marks a significant addition to our portfolio. We have plans to extend our presence even further in Gujarat."

Hero MotoCorp signs distribution agreement with Harley Davidson

In late September 2020, Milwaukee, Wisconsin-based company Harley-Davidson a luxury two-wheeler motorcycle company made it known that it will freeze sales and manufacture in India. The company made up its mind to cut the overall cost structure through shutting down of loss-making subsidiaries. The pandemic of Covid-19 adversely affected profitability. The company up till now flourished in India for 11 years and is now as a global "2020 Reconstructing Activities". Under this scheme decision like workforce reduction and ending of selective contracts was globally taken. The company will focus on markets of the USA, Europe, and sections of Asia Pacific. Harley-Davidson and Hero MotoCorp formally confirmed signing a distribution agreement through partnership. This will permit Her MotoCorp to market and service bikes of Harley-Davidson in the Indian Market. Hero MotoCorp will also market accessories as well as riding gear and apparel through a connection of brand-exclusive Harley-Davidson dealers and Hero's current dealership network in India. The fans can still purchase the motorcycle of Harley-Davidson in India. Hero MotoCorp is the world's largest manufacturer of motorcycles and scooters. The licensing agreement gives the reign of development and marketing of premium motorcycles under the Harley-Davidson brand name. Hero MotoCorp stated," This arrangement is mutually beneficial for both companies and riders in India, as it brings together the iconic Harley-Davidson brand with the strong distribution network and customer service of Hero MotoCorp."

Hero-electric and CredR promote electric bikes

CredR an omni-channel two-wheeler used consumer brand to work together with Hero Electric a leading Electric Mobility OEM, India in which the users can exchange any petrol operated two-wheeler for a Hero Electric scooter or bike. At the time of exchange of scooter, CredR will extend immediate quotes for old petrol scooters and lowering the genuine cost of Hero Electric scooters. The exchange process is convenient and trouble-free and will happen within days. Owners will be required to bring the used petrol vehicle for physical investigation and valuation at any Hero Electric outlet. For total exchange process CredR will validate the documents and the status of the petrol version. This plan is in the offering at Delhi, NCR, Hyderabad, Jaipur, Bangalore, and Pune. More cities will be covered soon. Clarifying on this collaboration, SasidharNandigam, Chief Strategic Officer, CredR said, "India's Electric mobility landscape is going to change dramatically post COVID-19 pandemic and the sales are expected to rise. As the sales of overall two-wheelers will see a boom, there will also be a rise in sales of second-hand e-two wheelers. Currently, electric mobility contributes to less than 1% of the two-wheeler market that can only increase from here. We are tremendously excited to partner with an industry giant like Hero Electric in bringing about this shift in the market." Commenting on the declaration, Sohinder Gill, CEO, Hero Electric, said, " As one of the leading EV brands in India, we are looking to enhance the accessibility and affordability for e2W buyers. Post unlock, we have seen good demand for Hero e-scooters as a reliable and affordable personal mobility solution. We believe increased consciousness towards safer and affordable means for transportation will make more petrol buyers consider EV. At this junction, the instant exchange scheme from CredR clubbed with unique leasing and low instalments will only help more people buy a Hero Electric scooter."

The MFCWL highlights used car segment through new stores

The Mahindra First Choice Wheels Ltd (MFCWL) displays 50 additional franchise stores all over India. These will command the market segment of used cars in a systematized way through new stores. Mahindra First Choice Wheels Ltd, India is a popular multi-brand used car vendor now showing its presence in tier I/II/III/ cities in India. The MFCWL stores have now had outlets in states like Haryana, Uttar Pradesh, Rajasthan, Bihar, Maharashtra, West Bengal, Haryana, Punjab, Kerala, and Tamil Nadu. Ashutosh Pandey, CEO & MD, Mahindra First Choice Wheels LTD, said, "Used cars, with their attractive pricing and good quality, remain a viable alternative for a large section of customers looking to purchase a car, especially in a challenging economic environment. This trend is a lot more, predominant in Tier II/III India which is why we are expanding our footprints rapidly to the remotest of cities." The facilities extended to the fresh 50 stores will facilitate buying and selling of used-car, 118-point investigation update, warranty for Mahindra Certified used cars, effortless finance, and trouble-free RTO transfer and much more. Every care sold through the stores will come equipped with sanitation kit with stress on sanitation. The kit will be equipped with two face masks, a set of gloves, car disinfection spray, and a bottle of hand sanitizer. The manual will educate through a systemic account of the process to sanitize the vehicle. This new venture will promote systemic eco-system in a very disorderly sector of used cars prevailing for many years. The company is known for its trust and transparency in business dealing. The franchisees, customers, dealers, and institutional clients will benefit through the new endeavour. The franchise holder will be given the facility of technology, training, software, branding as well as marketing. MFCWL favour franchises with automotive industry background in some way. The offer is being given to partners like two-wheeler OEM dealerships, new car OEMs, and chaotic used-car dealers ready to rebrand as an MFC dealer. MFCWL functions in four retail categories inclusive of Xpress store, standard store, superstore, and edition store. The initial capital of the appointed dealer begins from 30 lakhs for an Xpress avenue needing a space of 500 sq. Ft. The investment is hiked to 4 crores for an Edition store with the mandatory requirement of 1,500 internal storage space and 10,000 external space. The profit margin varies between 8-15% based on the vehicle being transacted.

Daimler India for deeper market penetration through 350 dealerships

The Chennai positioned commercial vehicle builder both in terms of sales and production Daimler India a subsidiary of the Stuggart-headquartered Daimler is concentrating on higher digitalisation and sale process.

The company intends to enter the market through an increase in value-added services to customers with 350 dealerships pan-India in the coming two years. The company manufactures Bharat Benz buses, Mercedes-Benz coaches and bus chassis. In previous month DICV opened 10 touchpoints in a single day. The new competence will increase approximately 300,000 sq. ft of workshop space in addition to over 40 mechanical bays. The DICV dealership connections will be able to services excess of 40,000 vehicles a month.

Satyakam Arya, Managing Director and Chief Executive Officer, Daimler India Commercial Vehicle (DIVC), said, "We are the only commercial vehicles maker in the country which is expanding the dealership network. Last year we ended at 230 touchpoints and this year our target is to have more than 250 touchpoints by the end of this month. Our final picture is to have a minimum of 350 dealerships by 2022." "The network expansion is part of the announcement made last year and it is definitely going to be focus area for the company in the next two years," Arya stated. The two recent telematic solutions the Truck Connect and Bus Connect will permit operators to track and analyse their vehicle in real-time. This is digitisation push.

The ProServe will facilitate customers to do more than 65 transactions namely bookings for service, renewing service contracts insurance and much more. "What we are doing now is we are digitalising our entire sale transaction, in which right from generating a lead to closing a sale deal will be done on a tab. So, the entire customer interface with us will become digital. Due to COVID-19, the entire digitisation initiative will be accelerated by at least 10 years," Arya further stated.

Ajanta Shoes project Rs 500 crore high-end products in FY21 as an expansion

Ajanta Shoes a 64-year-old Kolkata based business house reviewed its revenue of Rs 400 crore in the fiscal year gone by. The target is to peak to Rs 500 crore turnover in the coming year. This will be done through the "right products and marketing strategy". The aim is to achieve a 25% jump in turnover although COVID-19 pandemic created market disruptions which may linger on till next year.  Several in competition footwear companies in the market are still striving at present to meet the sale targets of 2019-20

The new entrant sports shoe brand 'Impakto', is meant for youths and the expanding sector of fitness-conscious clients.  The managing director is confident about the positive sales of these shoes.

"COVID-19 has no impact on us as we have got adequate orders. Online sales are strong. Our wholesale segment also did well during the coronavirus crisis," Ajanta Shoes managing director SagnikBanik stated. He further added that the company has planned to enlarge its operations.

"We have plans to take the number of stores to 250 over the next two years from 105 at present. We are looking to promote the brand across the country," he added.

Ajanta Shoes has a network of 800 dealers and sub-dealers and 20,000 retailers all over the country.

Bata multi-brand footwear enterprise under Gunjan Shah

Bata is a well-known brand in the sphere of variety in footwear for all ages and seasons. In the previous year, the company opened 82 new stores. Among these 64 are franchises.  The e-commerce purchases increased by three times because of the pandemic.  An exclusive group has been created in the company to become a leader in the Indian e-commerce sector. The company made bumper sales of 50 million before Covid presence came around. The profitability is being contributed to tier 2 and still smaller cities.

The Bata group promotes 1500-plus stores in India. The buyers prefer casual footwear for online buying. Those buyers who are budget particular like the deals which are offered from time to time.

Gunjan Shah an exceptional executive is the new chief executive of Bata since May 2021.  He took charge of Sandeep Kataria. Sandeep Kataria got a hike as global CEO of Bata Brands. Gunjan Shah pioneers the long-term growth of the business and human resources. With his team, he can drive his business proposals to a rewarding end.  In short, vision can be transformed into action. The office hierarchy is managed without conflict.  The team of the company will get motivated under his guidance. He stated that the formal range of shoe sales will go up once Covid restrictions are lifted.

Gunjan has wide-ranging expertise in assorted sectors of consumer durables, telecom and FMCG. He worked with Britannia, Asian Paints, and Motorola. It is for this reason he can interpret consumer behaviour and their trend of thinking. Thus, he is very familiar with the Indian market and can deal with its complicities.  India is an important market for Bata and the company looks with anticipation of better growth for the company under Shah.

Shah is confident of carrying forward the legacy of the company through profitability. The interest of stakeholders is also be kept in mind. Gunjan is very well qualified. He is a Bachelor of Technology in computers from VJTI Mumbai. He has a post-graduate diploma in Management from the Indian Institute of Management, Kolkata. Gunjan Shahwill join the company in June 2021 and will be stationed in Gurugram.

Bata brand is respected among the users.  The company is 85 years old. The company caters to the requirement of the whole family. Each year it serves 120,000 plus customers on daily basis. Some of the popular names of footwear are Hush Puppies, Marie Claire, North Star etc.

Bumper Return Business Idea, Post Office Franchise Plan

The post office offers the desirous candidates the to begin a business with good returns every month. Begin a new business with an initial cost of Rs. 5,000. Post Office has started a new scheme of offering franchises to selected candidates. At present, there are 1.55 lakh post offices but many areas are not covered. Thus, this franchisees scheme. Is based on a commission basis and not on wages. The more input of successful services rendered the more returns are gained.

The two types of franchises open to aspirants are the franchise outlet and postal agents franchise. Agents who carry postal stamps and stationery from door-to-door both in urban and rural regions are labelled postal agents. To get a franchise Rs. 5000 is required. The rest of the earnings come from commissions you get for the post office.

Youngsters are vying for better jobs as beginning your business is riskier. Post Office business is a new format for aspirants to earn money by collaborating with a government organization. The Indian Postal Service network is well laid out but still many regions are not covered.

The postal services include small savings accounts, sending money orders, delivering stationery, and buying stamps.  The government has decided to introduce the Post Office Franchise Plan to reach accessible far and wide.

Franchise Eligibility

• The age of the aspirant should be more than 18 years
• The person should be an Indian citizen.
• The person should not be a relative of its employee.
• The minimum qualification should be an 8th pass from a recognized school.
• A prescribed form available at the post office should be filled with correct information and submitted.
• Once selected an MoU is signed with Indian Post once selected.

Information required

Process 1-Fill in the prescribed application form describing the business plan and activities those will be undertaken in the franchise outlet.

Process 2-The form is available at any post office. Attach copies of the proposals to the outlet. The application can be downloaded from the official website of the Department of Posta, Government of India.

Process 3-Once the form is submitted the opted franchise will be required to sign a Memorandum of Agreement (MoA) with the department.

Process 4-The final selection for allotting post office franchise scheme by the respective Divisional Head within 14 days from the date of form submission.

Why people invest in Post Office Saving Schemes; -

• Documentation simple and Procedure-Easy steps to invest and enroll. People from urban and rural areas invest in post offices throughout the year.
• The interest rates are competent-The risks involved are minimal as it has government backing.
• Tax Exemption-the deposit amount is eligible for tax rebates under Section 80C on the deposited amount.
• Different investment needs-the various investment schemes differ in deposit limits, tax implications, and return on investment. The investor can choose according to requirements. 

Investing in Post Office Time Deposit, Post Office Recurring Deposit, Post Office Monthly Income Scheme, National Savings Certificate and Kisan Vikas Patra has a lock-in period and is paid with interest. The rate of interest is revised from time to time.

Even though the salary is not fixed franchise owner gets a commission for the successful services rendered.

Earn Up to Rs 75,000 Per Month By Becoming a Flipkart Delivery Franchise Owner

A Flipkart delivery franchise might be a good option for you if you're looking for a way to make more money. In India, Flipkart is the biggest web-based retailer because of the ubiquity of web-based shopping. Flipkart is constantly looking for more franchisees to help them reach more people.

As an entrepreneur franchisee, you would be responsible for delivering orders to customers in your area.

What Is Flipkart Conveyance Establishment?

A type of franchising in which the franchisee agrees to provide goods or services on behalf of the franchisor is known as this. These businesses are often used by online retailers because they can outsource their delivery needs to franchisees.

Necessities For A Flipkart Delivery Franchise

You should satisfy a couple of conditions to turn into a Flipkart conveyance accomplice. You would first need your own vehicle. The subsequent prerequisite is that you have a momentum driver's permit. You must be able to guarantee delivery dates as the third requirement. You should have somewhere in the range of 500 and 1500 square feet of room.

Flipkart Franchise for Delivery: Information About the Investment

The cost of a Flipkart delivery franchise varies depending on the size of the territory, the areas you want to serve, and the number of orders you can handle. Be that as it may, you want a financial plan between Rs 1 lakh and Rs 5 lakh for a little and immense domain, separately.

Flipkart Delivery Franchise: Know the Benefit

The size of your locale and the quantity of orders you can resolve to are only two factors that influence how much benefit you might produce as a Flipkart conveyance accomplice. Nonetheless, in the event that you're ready to satisfy countless orders, you could expect to create a decent gain.

You would receive a commission for each delivery you make. The precise commission amount was influenced by the location of the delivery and the nature of the goods. You can procure a benefit of up to ₹5 - ₹10 lakh yearly.

Flipkart Franchise for Delivery: Eligibility Requirements

To be eligible for a Flipkart delivery franchise, you must be at least 18 years old and hold a valid driver's license. Moreover, you should have the option to ensure conveyance dates.

Celkon Acquires Touch Mobiles; Sets Expansion via Franchise Model

In addition to setting up 250 stores and expanding through franchises, Celkon plans to establish a training institute for electronic repair and service.

Celkon Group, a company that manufactures mobile phones and electronics, has acquired Touch Mobiles, a chain of electronics retailers with 42 stores in Andhra Pradesh and Telangana, for an undisclosed amount.

The organization is intending to grow the Touch mobile business through a franchise model. “To start with, we are going to set up 200 outlets in the Southern States and in Maharashtra. We would like to take it to other parts of the country in phases,” Y Guru, Chairman and Managing Director of Celkon group, has said.

The company planned to establish a center in Hyderabad to instruct 1,000 ITI (Industrial Training Institute) students in electronics repair and maintenance in order to ensure the long-term viability of the franchises. They will get a six-month training. We will assist them forge income imparting arrangements to the Touch mobile franchises that we are going carry out this year," he said.

"Aside from the franchise stores, we might want to set up 50 organization possessed stores. Many of them would be entirely run by women, he told Businessline.

Last year, Touch Mobiles made around 200 crore rupees.

Group plans

Guru said that the group had a turnover of 2,600 crore rupees. With orders for cell phones, tablets, and interactive flat panels (IFPs) from Rajasthan, Uttar Pradesh, Telangana and Andhra Pradesh states, we are expecting to contact the ₹5,000-crore turnover in 2023-25," he said.

He said the Union Government's order for foreign manufacturers to have a joint endeavor with an Indian accomplice having 51% stake in it would help the organization. " We have recently set up Run Gadgets, a joint venture with HKC, a main panel manufacturer in the world, to produce televisions," he said.

Likewise, the organization will enter an association with an OEM (original equipment manufacturer) to manufacture IFPs, which is attracting good traction from State governments for deployment in the education sector.

India's franchise industry is expected to touch 140-150 Bn in next 5 years

The market value of the Indian franchise industry is growing to reach USD 140-150 billion in the next five years. This development is being driven by various variables, including the rising number of franchise opportunities, rising customer spending, and government support for the franchise sector. The Indian franchise industry is at present esteemed at around Rs 800 billion (USD 10.4 billion) and is developing at a rate of 30-35% per year.

India is presently the second biggest franchise market in the world and is supposed to arrive at USD 140-150 billion in esteem in five years or less.

There are presently 4,600 active franchisors in India, working almost 2 lahks (200,000) outlets across all areas.

Consistently, in excess of 300 organizations in India start franchising their businesses. Of all the franchises in India, 53% are possessed by multi-unit franchisees.

Regional brands hold a 50 percent share of the Indian franchise market, followed by national brands with a 34 percent share and local brands with a 16 percent share.

Of all franchise concepts in India, 35% are food and beverage brands. The initial investment for 40% of franchisees is between 5-10 lakhs.

The Indian franchise market is still in its beginning phases of improvement, however, it has previously made a critical commitment to the Indian economy. The business represents nearly 2% of the public Gross domestic product and has made one million jobs.

The global franchise market size was esteemed at USD 100.7 billion in 2021-2022. It is expected to develop at a build-yearly development rate (CAGR) of 9.73% until 2030.

The global franchise market is projected to reach a worth of USD 175.9 billion toward the finish of 2030.

Kisna's First Franchise Showroom in Mumbai - Grand Opening

On 19th July, Jewellery brand Kisna from Hari Krishna Group opened its first franchise showroom in Mumbai. The new store is located in the R City Mall in Ghatkopar and offers a variety of high-quality and trendsetting designs for all seasons.

Member of Lok Sabha Manoj Kotak attended the showroom's grand opening, along with Ghanshyam Dholakia, Founder & Managing Director, HK Group; and Parag Shah, Director, Kisna.

Ghanshyam Dholakia announced the inauguration of KISNA's inaugural showroom in Mumbai. He conveyed his excitement in introducing the latest designs of KISNA to the heart of Western India.

He added, "We are setting up a store in the financial capital of India to expand and grow in the next phase. Maharashtra is renowned for its distinctive jewelry designs. With the inauguration of the Kisna showroom in the city, our objective is to carefully curate jewelry that aligns with local preferences and meets the increasing demand within the state.

Coca-Cola India appoints Ajay Bathija as VP for Franchise Operations

Having worked at Coca-Cola for 24 years, Ajay Bathija has extensive experience in marketing and franchise management.

Coca-Cola India declared the appointment of Ajay Vijay Bathija, as VP for Franchise Operations for Southwest Asia (SWA)

In a statement, Sanket Ray - President, India and Southwest Asia, Coca-Cola Organization, said, “Ajay has proven success taking business to new heights through his understanding of business and growth mindset. He will contribute to the organization's purpose in Southwest Asia with his astute business acumen and collaborative approach.” This incorporates markets like Nepal, Bangladesh, Bhutan, Maldives and Sri Lanka.

Bathija has almost 24 years of experience at the Coca-Cola Organization spanning marketing and franchise expertise. As the Country Manager for Bangladesh from 2018-2020, he worked intimately with the Bottling Partners to carry development to Bangladesh. In 2020, As Senior Director - Front Line Marketing, he facilitated seamless commercial and marketing execution, aligned portfolio strategies, and launched the company's most celebrated musical franchise, Coke Studio, in Bangladesh.

Kalyan Jewellers to Open Franchise Stores in Southern India

In the south, the company plans to franchise some of its 77 showrooms and reduce its working capital

By converting some of the company-owned stores into franchises, Kalyan Jewellers intends to test the same franchise model in the southern markets after building a presence through franchising in the markets.

Using the franchise-owned-company-operated model, the company plans to expand into non-south markets by more than doubling the number of showrooms.

APL Apollo's SG Speed Racers Joins CEAT Indian Supercross League

APL Apollo's subsidiary SG Sports is growing its footprint in the sports industry. The business, which previously owned the SG Alpine Warriors franchise in the Tech Mahindra Global Chess League, has now bought the SG Speed Racers franchise in the CEAT Indian Super Cross Racing League.

This league, which is run in cooperation with the Federation of Motor Sports Clubs of India (FMSCI), is the first franchise-based Supercross racing league in India. Riders from all over the world compete in a variety of competition styles and divisions.

APL Apollo has a long history of supporting sports in India. For three years running, it served as the primary sponsor of the Delhi Capital in the IPL. The company's CMD, Mr. Sanjay Gupta, is a passionate sports fan who understands sports' huge potential in India. By giving aspiring athletes a stable platform to succeed on, SG Sports seeks to change the sports industry. With the help of branding initiatives and international exposure, the business maximizes the potential of Indian sports.

Cult.fit Open 100 Successful Franchise Across India

The well-known fitness service brand in India, Cult.fit, is pleased to announce that it has successfully signed up 100 franchisee locations across the country, marking a significant milestone. This success demonstrates the company's unwavering commitment to encouraging an active lifestyle in India, which is motivated by innovation and customer-centricity, and it also demonstrates the company's resiliency in dealing with the obstacles presented by the pandemic.

Fitness aficionados in Tier I and Tier II cities across India have been served by cult.fit's franchise operations since its launch in 2020. The franchise model's integration of machine-based exercises and group class facilities under one roof, which offers customers a wide range of fitness alternatives, is a crucial feature. By establishing Fitness First and Gold's Gym locations in India in 2022, Curefit increased the scope of its franchise portfolio and further cemented its leadership in the fitness sector.

Surpassing client expectations is a cornerstone of Curefit. To provide a consistent client experience across all locations, the company places a high focus on training and operational excellence through the franchising model. This all-inclusive strategy offers support for location selection, facility setup, staff empowerment, and continuous operational support. The foundation of the franchise operations is a thorough training program, which requires trainers to complete the L0 specialized training module as well as periodic refresher training to maintain the highest levels of customer care. These rigorous standards are further reinforced through weekly operational governance meetings and joint insights exploration sessions with partners.

In South India, Go Free Cycles Launch a New Showroom and Franchise

In the world of e-bikes, Go Free Cycles has become synonymous with quality and affordability.

The renowned online bicycle company Go Free Cycles is about to make history by opening a new showroom in Bangalore. Since their launch in 2018, Go Free Cycles has made a significant impression on the online market and has come to represent quality and value in the e-cycle industry.

The key to Go Free Cycles' success is its dedication to offering premium e-cycles at affordable costs. The business imports its bicycles and puts them through stringent quality inspections to guarantee that each is made to last. Due to their persistent commitment to excellence, they have a devoted following of clients and have won several prestigious awards.

Go Free Cycles stands out for having a wide geographic reach; their services are presently offered in a remarkable 144 districts. Their position as a pioneer in the e-cycle sector has been cemented by this product's extensive accessibility.

But Go Free Cycles is not just about its products; it also has one of the best branding and design teams in the country. This crew has been essential in shaping the success and image of the business.

Honest Restaurant Franchise Opens Third Massachusetts Location

The Honest restaurant chain, which began in 1975 as a family-run street cart in Ahmedabad, has opened a third franchise in Massachusetts, totaling 42 outlets nationwide.

The Waltham branch, boasting 160 seats, recently debuted at 475 Winter Street, taking over the space previously occupied by the Thai restaurant Green Papaya. Luky Patel, along with his partners Ketan Patel and Sunny Patel, helm this establishment. Additionally, the trio is responsible for overseeing two more establishments in Massachusetts, located at 21 Wood Street in Lowell and 1381 Boston-Providence Turnpike (Route-1) in Norwood. 

According to Luky Patel, the Lowell location was very crowded and sometimes had a wait of more than an hour.
Luky Patel hopes Waltham will attract some of our customers from Norwood, Lexington, Burlington, etc. “ No one wants to wait for an hour. They want fresh food and quick.”

All foods are prepared fresh and all spices are imported directly from India, he said. In addition to those spices, Mr. Patel added that all of his restaurants use India's renowned Amul butter and cheese.

According to their website, Honest Restaurant emphasizes crafting daily preparations from scratch, cooking dishes to order, and employing only the freshest, highest-quality ingredients. Their kitchens do not rely on frozen or processed products.
 

Supercuts: Enter India Market With Master Franchise Agreement

Regis Corporation and Ravissant Style Private Limited, a division of Ravishing Style, have agreed to a master franchise agreement via which Regis Corporation will introduce its hair salon chain Supercuts to the Indian market.

Supercuts, which has more than 2,000 shops around the U.S., is getting ready to expand into India with a smart Master Franchise Agreement. Within the first five years of this partnership, Ravishing Style is anticipated to open at least 100 salons, with a goal of expanding further through exclusive sub-franchising rights throughout Northern and Western India. With the aim of improving the present client experience in India and establishing a new and alluring standard within the salon industry, this strategic alliance marks the beginning of a change of the Indian salon landscape.

Lemon Tree Hotels Opened a New Franchisee in Gujarat's Somnath

On October 3, Lemon Tree Hotels experienced a 4 percent increase in its shares during morning trading following the revelation of a franchisee partnership with Artisan Resorts. This collaboration aims to establish a resort in Somnath, Gujarat. The upcoming resort will boast 52 luxurious rooms, a restaurant, a boardroom, a fitness center, a recreation room, a swimming pool, an outdoor events venue, and various other public spaces. As per the company's regulatory filing, the hotel is anticipated to commence operations in the fiscal year 2025.

Mr. Vilas Pawar, Chief of the Franchise Business at Lemon Tree Hotels, expressed his satisfaction in unveiling the expansion of their portfolio in Gujarat alongside their esteemed partner, Artisan Resorts. He emphasized their strategic approach of diversifying their properties nationwide, specifically targeting cities in tiers II, III, and IV.

Mr. Vilas Pawar also mentioned, "In addition to our current six operational hotels and three upcoming ones in the state, this new opening marks a significant addition to our portfolio. We have plans to extend our presence even further in Gujarat."