📋 About the Brand
Polaris India is a leading powersports vehicle brand offering ATVs, UTVs, side-by-side vehicles, and off-road adventure solutions. The brand is known for innovation, performance, and a strong dealer network, providing premium products and customer support across India.
🏢 Business Information
Company NamePOLARIS INDIA PRIVATE LIMITED
CEO / FounderLalit Mohan Sharma
DesignationCEO / Founder
Established Year2011
Franchising Since2011
SectorGym & Fitness
Total Investment50 Lakh - 1 Crore
Required Area100 - 500 Sq. Ft.
📄 Franchise Agreement
Agreement Duration5 Years
Renewal Optionyes
Renewal FeeSame as Franchise Fee
Lock-in Period3 Years
Termination Notice90 Days
Resale Rightsyes
Non-Competeyes
Exclusivity Clauseyes
Dispute ResolutionArbitration
Agreement Registeredyes
NotesThe agreement outlines franchise rights, use of the Polaris brand and trademarks, territory allocation, investment obligations, training and operational support, product supply, quality standards, marketing guidelines, performance requirements, renewal terms, termination conditions, and confidentiality obligations.
