India is a major player in the field of franchise. The franchise India Expo has been a proof that had seen an overwhelming response both from within and outside the country. A great number of companies have recognized the immense potential of Franchise in India. In spite of the recent global downturn, India has shown significant progress in the field of franchise.
Franchise in India has reached a commendable level; the avid interest of the numerous companies attending the Expo on franchise in India bears testimony to the fact. People are hopeful that the success of franchising in India will lure many other companies from all over the world to tread into the India soil in search of franchise options.
Indian franchise has been boosted by the stable financial situation in India and the favorable political environment of the country. Foreign countries have ventured in India finding it easier and more lucrative to go for franchise in India compared to other countries. The Indian franchise sector is already very organized and methodical in its operations so much so that it has outperformed many well established and traditional Indian businesses that have not been able to keep pace with the changing times.
The Indian consumers have gained awareness and have learned to understand the value of their purchases. This factor has forced Indian franchisers to improve their quality of products and services even while retaining moderately competitive prices.