Indian discount retail chain Promart plans to further expand its footprint in India.
Promart has partnered with franchise solution company Franchise India to open 25 franchisees every quarter and expects a growth of 15-20 per cent year-on-year.
Franchise India will help Promart with strategising, recruiting franchisees and raising brand visibility.
Promart, a value format concept in lifestyle retailing, has 53 stores. The brand offers discounts from 25-60 per cent to consumers all year round. It retail brands like Arrow, Puma, Pepe, Wrangler and many more.
“We believe that the tie-up with Franchise India is going to further help establish the presence of the brand in the Indian market,” said Promart CEO Punit Agarwal.
