The News India Now

Pragati Maidan in Delhi is preparing for Franchise India 2023 to draw businesspeople from around the country

<p>The much anticipated Franchise India 2023 event, slated to take place on July 15 and 16 at Pragati Maidan, is just around the corner. With more than 500 businesses and a whopping 50,000 verified business investors attending, this edition of the Franchise India Show is expected to be a spectacular occasion.</p>
<p>A large number of franchise possibilities in different sectors and industries will be explored by company owners and enthusiasts from more than 100 cities in India and the Asia-Pacific region. The conference intends to open up a world of opportunities for those who want to acquire and sell franchises in order to grow their enterprises.<img decoding=”async” class=”alignnone wp-image-75707″ src=”” alt=”” width=”1580″ height=”968″ srcset=” 660w,×92.jpg 150w” sizes=”(max-width: 1580px) 100vw, 1580px” /></p>
<p>It is anticipated that commerce worth $2–3 billion will be enabled during the course of the two-day event, opening the door for yearly commercial potential of more than $10 billion. The event’s attractiveness on a worldwide scale is further enhanced by the involvement of close to 30 multinational businesses from various regions of the globe. Within the next five years, these companies have ambitious intentions to spend more than Rs 500 crore in India.</p>
<p>Leading companies including Paulner, Pitman Training, Computer Explorer, Barcelos, Smoothie Factory, Janicking, Rockhouse Sliders, The Super Park, Smash Room, and Children Inspired By Yoga will be shown at the Franchise India Show.</p>
<p>A number of well-known corporate executives and startup entrepreneurs will attend the event. NIIT’s Vijay Thadani, Mr. Yogesh Bhatia, Mr. Ayush Lohia, Mr. Uday Narang, Omega Secy, Akshay Chaturvedi, Pulkit Bansal, Manish Gupta, Ayushbaid, Rakhirana, Human Dani, Wickedgood, and Parambhargava are a few notable attendees. Additionally, international speakers like Adrian Shaw (Chattles) and Darryl M. Simsovic (CEO of LaunchLife International Inc.) will be featured in the Startup Summit at the International Spirex Franchise India 2023.</p>
<p>Foreign companies have been drawn to India in large part due to the country’s supportive government policies, which include advantageous free trade agreements and active involvement in the G20.</p>
<p>As businesses create digital goods for franchisees to market and sell under their brand, digital franchising is revolutionizing the sector. For businesses and investors navigating this changing terrain, the event will provide Digital Franchising White Papers.</p>
<p>India has a strong position in the international franchise business, according to Mr. Gaurav Marya, the founder and chairman of Franchise India. He stressed how the Indian franchise market is expanding quickly and offers many chances for startup companies and national development.</p>
<p>The Indian Franchise Industry has grown significantly, now valued at $51 billion, or four times what it was in 2013. With 5,000 franchisors and more than 1.8 million workers, the industry has drawn in 40% of the Indian population, especially millennials who desire to launch their own companies and are willing to take on the related risks and benefits.</p>
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