New Delhi, Nov 16: Licensing experts of the world,
including Tommy Hilfiger's CEO Shailesh Chaturvedi, LIMA
Managing Director Kelvyn Gardner, would participate in a
two-day conference starting from November 29 in New Delhi to explore
the potential of the licensing industry in India.
The Brand Licensing India Conference 2008, which is being
organised by Franchise India Holdings Ltd and supported
by International Licensing Industry Merchandisers Association
(LIMA), would focus on growth of the licensing industry in the
country.
"The conference will be a great platform for Indian
companies to learn from Global industry professionals, to
leverage best practices and knowledge in the Indian licensing
industry," Franchise India Holdings President Gaurav Marya
said.
The emergence of modern and more organised retail in
India, estimated at USD 200 billion, has been projected to
grow at five percent per annum and has set the pace for new
collaborations between International licensing companies and
Indian business houses.
Licensing industry worldwide is estimated at USD 187
billion. Retail sales of licensed merchandise in the US and
Canada in 2007 reached USD 71.25 billion and that in Western
Europe has been estimated to be worth in excess of USD 26
billion.
Bureau Report
First Published: Sunday, November 16, 2008, 00:00