IFA Committiees

IFA NATIONAL COMMITTEE ON FRANCHISING IN AUTOMOTIVE SECTOR

Automotive sector is world most important economic sector in terms of revenue generation. In the current scenario, there are different operational and working areas which are forming a core of automotive sector. They include motor vehicle parts and supply stores, automotive equipment rental and leasing, tire dealers and automotive repair and maintenance. It inculcates franchising opportunities in automotive sector. The IFA National Committee on Franchising in Automotive sector thus entails to tap the burgeoning emerging areas of automotive sector in franchise development and serves as a medium to promote, expand and flourish the automotive sector. The committee includes manufacturers, retailers, rental service providers, washer man, servicing agents, painters, repairers, parts and accessory suppliers etc.

The terms of reference for the IFA’s National Committee on Automotive Sector for 2011-2012 are

  • To create a strong brand visibility for Automotive sector through franchising in India over the next two years.
  • To advocate National council to conduct regular interactions with the Government at the Centre and the State level to highlight the issues and concerns of Automotive sector; to recommend to the government, investor and Franchisors
  • To facilitate access to global markets and finance/ Credit for Automotive sector.
  • To formulate methods to improve the competitiveness of the Automotive sector in India with regard to restructuring, productivity enhancement, increasing exports etc.
  • To assist small and medium enterprises in Automotive sector with high potential to invest.
  • To promote the Indian Automotive brands in overseas markets and devise strategies to gain access to developed/ developing markets through Franchising.
  • To have a proactive dialogue with the Government to further identify various policy issues that need to be addressed in order to stimulate growth of the Automotive sector in India..
  • To professionalize and educate people in the franchise industry through research studies, surveys, meetings, seminars, workshops for Automotive sector etc.
  • To liaise with various related organizations, industry associations, financial institutions, government department on matters concerning the industry.
  • To provide the legal information and current statistics on franchising
  • To make the matchmaking between the foreign franchisors who are eager to enter into Indian market and the potential investors who are interested in purchasing the franchise rights in India for Automotive sector.

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