Foreign multi-brand retailers not allowed to franchise stores in India why
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eAnswers Team
It has been found that foreign multi-brand retailers are not being allowed to franchise stores in India because the Department of Industrial Policy and Promotion said the “front end stores set up by MBRT entity will have to be company-owned and company operated only” and will have to put 50 per cent of their investments in back-end infrastructure specifically for the chain they are setting up.
eAnswers Team
It has been found that foreign multi-brand retailers are not being allowed to franchise stores in India because the Department of Industrial Policy and Promotion said the “front end stores set up by MBRT entity will have to be company-owned and company operated only” and will have to put 50 per cent of their investments in back-end infrastructure specifically for the chain they are setting up.
eAnswers Team
It has been found that foreign multi-brand retailers are not being allowed to franchise stores in India because the Department of Industrial Policy and Promotion said the “front end stores set up by MBRT entity will have to be company-owned and company operated only” and will have to put 50 per cent of their investments in back-end infrastructure specifically for the chain they are setting up.