📋 About the Brand
Jagmag Lights Pvt. Ltd. is an Indian lighting manufacturer specializing in decorative lights, chandeliers, wall lights, pendant lights, and customized lighting solutions for homes, hotels, interiors, and commercial projects. The brand states that it was founded in 2015 in Greater Noida and focuses on in-house manufacturing and customized lighting designs.
🏢 Business Information
Company NameJagmag Lights
CEO / FounderChirag Chaudhary
DesignationCEO / Founder
Established Year2015
Franchising Since2017
SectorSpecialty Retail
Total InvestmentBelow 2 Lakh
Required Area100 - 500 Sq. Ft.
📄 Franchise Agreement
Agreement Duration5 Years
Renewal Optionyes
Renewal FeeUp to ₹50,000
Resale Rightsyes
Non-Competeyes
Exclusivity Clauseyes
Dispute ResolutionArbitration
Jurisdictionuttarpradesh
Agreement Registeredyes
NotesAgreement Clause Brief Description
Franchise Term & Renewal Defines the initial agreement period (commonly around 5 years) and conditions for renewal, including performance and compliance requirements.
Franchise Fee & Payments Specifies the initial franchise fee, payment schedule, renewal charges (if applicable), and other financial obligations.
Territory Rights Defines the operating area of the franchise/dealership and whether any exclusive territory protection is provided.
Brand & Trademark Usage Grants permission to use the Jagmag Lights brand name, logo, designs, and marketing materials according to company guidelines.
Product Supply & Purchase Terms Covers product ordering, supply process, pricing, inventory requirements, and payment terms.
Store Setup & Display Standards Specifies requirements for showroom/store layout, branding, lighting displays, fixtures, and customer experience standards.
Training & Business Support Describes support provided by the company, including product training, sales guidance, installation knowledge, and operational assistance.
Marketing & Promotion Defines responsibilities for local advertising, promotional activities, and participation in company marketing campaigns.
Pricing & Sales Policies Covers recommended pricing, discounts, offers, and policies to maintain brand positioning.
Quality & Customer Service Standards Requires compliance with product quality standards, customer handling procedures, warranty support, and after-sales service.
Confidentiality Clause Protects company information, business methods, pricing details, and operational strategies.
Non-Compete / Brand Protection May restrict activities that could conflict with the Jagmag Lights business during or after the agreement period.
Termination Clause Defines conditions for cancellation, such as breach of agreement, payment defaults, misuse of brand identity, or poor performance.
