Prøve GULL - Gratis

Building ‘Brand Sri Lanka’ through strategic franchise development

Daily FT

|

June 30, 2025

Sri Lanka’s inaugural Global Franchise Forum (GFF) 2025, held in April 2025, has delivered immediate results, awakening local brands to their global potential. Franchise India Group Chairman Gaurav Marya in this interview discusses the phenomenal response to GFF 2025. He sees Sri Lanka at a critical juncture where the traditional export-dependent economy must evolve into a brand-creating powerhouse, and outlines his roadmap for establishing ‘Brand Sri Lanka’ globally through strategic franchise development.

Building ‘Brand Sri Lanka’ through strategic franchise development

Now that the Global Franchise Forum 2025 has concluded, what are your key reflections on Sri Lanka’s readiness to embrace franchising as a mainstream economic catalyst?

The response was absolutely overwhelming. We received phenomenal interest not only from Colombo but from people who travelled from across Sri Lanka to attend the event. What struck me most was how the younger generation is actively seeking to diversify into new-age businesses. We witnessed significant interest across multiple sectors, and remarkably, we actually closed our first franchise deal at the forum itself with a beauty institute.

What concrete partnerships emerged from the Forum, and what immediate impact has it had on both international and local brands?

About 30 global brands participated in the Forum, and I’m confident that within this year, 50% of them will establish operations in the Sri Lankan market. Several have already made firm commitments.

ISAS Beauty Academy, a beauty school from Dubai, is entering Sri Lanka and has finalised all arrangements. Three O’Clock Coffee from Vietnam has announced their Sri Lankan entry. Frank’s Famous Hot Dogs from France announced their master franchise for Sri Lanka. UClean, a laundry company operating in nine countries, has committed to the Sri Lankan market. Network In Action (NIA), a global American networking company, has also announced their Sri Lankan operations.

We saw tremendous interest in food services, education, and technology-centric businesses. Many approached us specifically seeking quick commerce capabilities.

FLERE HISTORIER FRA Daily FT

Daily FT

UN warns "world is not prepared” for escalating climate disasters

THE United Nations yesterday issued a stark warning that the world is increasingly vulnerable to extreme weather events, with current systems, financing and infrastructure far from adequate to handle the accelerating pace and scale of dimate-related disasters.

time to read

2 mins

December 12, 2025

Daily FT

Daily FT

Sajith launches Disaster Information Centre

Located at Office of the Opposition Leader Aims to collect disaster- related information at Grama Niladhari level

time to read

1 min

December 12, 2025

Daily FT

Assetline Finance's landmark Rs. 5 b listed debt issue oversubscribed

Subscription list closes on opening day as investors grab initial offer and option

time to read

1 min

December 12, 2025

Daily FT

Daily FT

US Fed delivers third rate cut of the year

THE US Federal Reserve lowered its benchmark federal funds rate by 25 basis points on Wednesday to a range of 3.5%-3.75%, marking the third cut this year.

time to read

1 min

December 12, 2025

Daily FT

Positive momentum in primary auctions continue

Secondary Bond market rates decrease Rupee depreciates

time to read

1 mins

December 12, 2025

Daily FT

ADB grants $ 200 m loan for water, food security in North Central Province

THE Asian Development Bank (ADB) yesterday said it has approved a $ 200 million loan to support the ongoing Mahaweli Development Program, Sri Lanka's largest multi-use water resources development initiative.

time to read

2 mins

December 12, 2025

Daily FT

Daily FT

Banking assets up 16% YoY to Rs. 24.5 t in 9M

THE banking industry expanded its balance sheet in the nine months to end-September 2025, with total assets increasing to Rs. 24.5 trillion and Profit After Tax (PAT) rising to Rs. 279 billion, according to Central Bank data.

time to read

1 min

December 12, 2025

Daily FT

Daily FT

Cabinet green lights procuring range of vehicles and equipment to boost primary health care system

THE Cabinet of Ministers on Wednesday approved the procurement of a wide range of vehicles and equipment to improve the country's primary health care system.

time to read

1 mins

December 12, 2025

Daily FT

Daily FT

Cabraal discharged on condition he compensates Central Bank in three months

Lawyer argues his client had no intention of causing financial loss to GoSL

time to read

2 mins

December 12, 2025

Daily FT

Daily FT

New 3% concessionary loan scheme to support 130,000 MSMEs from next year

IN a bid to revitalise micro, small, and medium enterprises (MSMEs) affected by recent disasters, the Government has decided to launch the RE-MSME PLUS and RE-MSME Disaster Relief loan schemes from 2026.

time to read

1 min

December 12, 2025

Listen

Translate

Share

-
+

Change font size