What this is: A reading list for brands, property owners, investors and lenders: how FICO and FOCO work, how retail leases are priced, what the market data says and which rules apply.What happens next: Pick a topic, or start with the four models below. Every item opens on the publisher's own site.
Learn the expansion models
Chosen by the FicoFoco desk from regulators, industry bodies, rating agencies, law firms and the business press. We link and summarise; we don't reproduce, and nothing here is paid placement.
The four models, in one line each
- FICOFranchise-invested, company-operated
- An investor funds the outlet; the brand runs it day to day.
- FOCOFranchise-owned, company-operated
- The franchisee owns the outlet; the brand operates it.
- FOFOFranchise-owned, franchise-operated
- The franchisee owns and runs the outlet under the brand's standards.
- COCOCompany-owned, company-operated
- The brand funds and runs the outlet itself.
Market data
- ReportJul 2024
NRAI Restaurateur, April–July 2024: India Food Services Report 2024 launch
National Restaurant Association of India
The industry body's newsletter on its India Food Services Report 2024. It sizes the food-services market and its growth to FY28, and sets out the organised segment's share.
Why read it: Industry sizing to test F&B expansion and outlet-demand assumptions against.
Read on conference.nrai.org (opens in a new tab) - ReportOct 2025
Retail Industry in India
India Brand Equity Foundation (Ministry of Commerce & Industry)
A government trust's overview of Indian retail: market size, growth drivers, FDI policy and the long-term outlook.
Why read it: Official-source headline numbers for brand decks and investor briefings.
Read on ibef.org (opens in a new tab) - Report
RAI Business Survey
Retailers Association of India
An archive of monthly retail sales surveys that track year-on-year growth by region and by category, including QSR, apparel, footwear and grocery.
Why read it: Month-by-month demand signals by category, to judge a tenant category's momentum.
Read on rai.net.in (opens in a new tab)
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