Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
Sep, 08 2015

Spices Board India to go global through retail outlets

Flavourit Spice Trading Ltd (FSTL), a Spices Board enterprise, has invited expression of interest from prospective investors to take up franchises for \'Spices India\' signature stalls in foreign markets.

The Spices Board India has decided to go global by opening premium retail outlets abroad to sell around 30 of the choicest spices and value added products under the "Spices India" and "Flavour it" brand names.

Spices Board Chairman A. Jayathilak said signature stalls would be set up in overseas market in partnership with private investors.

"The stalls will help us to gain access to more international markets and further promote the popularity of Indian spices abroad," Jayathilak told IANS.

The board is an autonomous body responsible for the export promotion of the scheduled spices and production development of some of them such as cardamom. It functions under the commerce and industry ministry.

Pointing out that the board has chalked out a major expansion plan for the retail stores, the chairman noted that it had already set up a few signature stalls within India.

Flavourit Spice Trading Ltd (FSTL), a Spices Board enterprise, has invited expression of interest from prospective investors to take up franchises for 'Spices India' signature stalls in foreign markets.

"The stalls are part of the board's efforts to bring about systematic diversification and sustainability of the industry," said Jayathilak.

Apart from whole spices, the store also has a line of lifestyle and personal care products such as beauty creams, clearness oils, bathing bars, shower gels and shampoos all flavoured with spices.

Spice-flavoured chocolates are added attractions.

The FSTL is currently offering three different franchisee operating models: COFO (Company-Owned, Franchise-Operated), FOFO (Franchise-Owned, Franchise-Operated) and SIS (Shop-in-Shop) retail concept wherein retail stores share a dedicated space for Spices Board products.  

Comment
Related opportunities
  • About:Agent Jack's Bar is a casual dining restaurant that serves..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 2 Cr. - 5 Cr
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • About:Captain Clean is a leading cleaning services provider that started..
    Locations looking for expansion Maharashtra
    Establishment year 2011
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • After School Activities
    Cricket Academy of Pathans is an institute born out of..
    Locations looking for expansion New Delhi
    Establishment year 2013
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Ayurvedic, Herbal & Organic Products
    We are looking for Dealer & Distributors from all over..
    Locations looking for expansion Madhya Pradesh
    Establishment year 2010
    Franchising Launch Date 2010
    Investment size Rs. 2lac - 5lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Indore Madhya Pradesh
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities