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INDIAN FRANCHISE INDUSTRY SEEKS SPECIFIC REGULATORY FRAMEWORK.
NEW DELHI, Feb 1 Asia Pulse - The franchise industry in the country is seeking specific legal framework for regulating the sector, which is growing exponentially following the retail boom.
According to Franchise Association of India President (northern chapter) Anurag Batra, the sector is unique and the existing contractual laws are not good enough.
"We need specific laws to maintain high standards."
The FAI, in association with 'Franchise Plus' magazine, is organising a three-day exhibition to promote the 'franchise business model' in the country.
More than 80 exhibitors, including companies like US Pizzaz, Cottons by Century U$ Store, Moti Mahal Deluxe, and 10,000 delegates from India and abroad are expected to ...
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Source: HighBeam Research, INDIAN FRANCHISE INDUSTRY SEEKS SPECIFIC REGULATORY FRAMEWORK.