News
Modern Montessori rapidly increases it presence in India
Leading Indian-origin businessman based out of Singapore declared that MMI centers were opening at the rate of almost 2 a month in India. Dr. T. Chandroo, chairman and chief executive officer expressed optimism for the Indian market and shared that franchising was the way to go.
Boasting of one of the youngest populations in the world, India needs and is going to continue to need K-12 educational institutes besides colleges and universities.
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 2 new franchises who sign up with us," he said after launching his biography "Reach The Top with Big Dreams" at the Singapore Management University yesterday.
Chandroo who brought the UK-origin MMI brand of pre-schooling to Singapore 25 years ago said that the fastest mode of expansion in India is the franchisee model. Of the 100 centers MMI is running across 3 continents of Asia, Europe and Africa, 20 are in India.
30 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.
The global network of MMI currently includes pre-schools in South Africa, Kenya, Nigeria and Egypt.