ActionCoach has announced a new joint venture in India that will expand the franchise into one of the fastest growing economies in the world.

The global franchise business has a joint venture agreement with Sanjay Chaturvedi, previously vice president of sales at Birlasoft. Chaturvedi, who has extensive experience in IT and sales, saw the joint venture as a way to become an entrepreneur while leveraging the support and infrastructure of a global brand to help him grow and expand the business on the Indian subcontinent.

“While this opportunity came out of the blue, I am very excited about the potential for ActionCoach in India, and look forward to working with the team in building a strong organization to help small and medium businesses in every sector of our rapidly expanding economy,” he said.

India is forecast to experience a four-fold increase in per capita Gross Domestic Product (GDP) over the next 40 years — a significant measure of a countryÕs rate of economic growth.

With more than 1,000 offices in 32 countries, and as the leading business coaching company in the world, ActionCoach is perfectly positioned to be the business resource for IndiaÕs entrepreneurs.

“I liked ActionCoach because their goal is to help small businesses,” Chaturvedi said. “Small businesses in India are projected to play a substantial role in IndiaÕs GDP growth that is forecasted to grow at between 9 to 10 percent — a Central Govt. Ministry for Small Industry has been created to address this need,” he said. “ThereÕs huge potential here for these customers to adopt world class business processes to ensure their growth.”