Singapore: India is one of the fastest growing pre-schooler markets for the Singapore-based Modern Montessori International Group (MMI) owned by a leading Indian-origin businessman here.
"We are expanding fast in India. Our fastest mode of expansion in India is through franchising," MMI chairman and chief executive officer Dr T Chandroo said.
"Almost every month we have two new franchises who sign with us," he said after launching his biography "Reach The Top with Big Dreams" at the Singapore Management University yesterday.
"Franchise is the fastest mode of entry into the Indian market," said Chandroo who brought the UK-origin MMI brand of pre-schooling to Singapore 25 years ago.
MMI has 20 centres in India out of the 100, it currently runs across three continents ? Asia, Europe and Africa, said Chandroo, one of the leading Indian-origin businessmen here.
Thirty of these centres are in Singapore, making it one of the most popular options for building basic foundation of pre-schoolers.
"Going forward, we plan to expand in emerging markets, starting with Vietnam where our first pre-school is being establish," said Dr Chandroo who owns the MMI global business now, having acquired the UK-business 10 years ago.
He is also planning to expand MMI brand pre-schooling to Cambodia, Myanmar and the Middle East region.
Its global network currently includes pre-schools in South Africa, Kenya, Nigeria and Egypt.