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India’s franchise market is projected to increase to USD 140-150 billion over the next four years. The growth is mainly due to an expansion in the number of franchise opportunities and an increase in consumer spending. Presently “India is the second largest franchise market globally with over 4,600 franchisors operate almost 200,000 stores across India. The Indian franchise industry is valued at around Rs 800 billion and is expected to grow in the coming years at a rate of 30 to 35% per annum and expected to touch USD 140-150 billion in the next four years as per Franchise Forecast 2023-24. Increase in franchise opportunities and in consumer spending is expected to drive this growth. Though the Indian franchise market is still nascent, the industry accounts for close to 2% of the national GDP but has created over one million jobs. The global franchise market size reached USD 100.7 billion in 2021-2022 and is expected to grow at a CAGR (Compound Annual Growth Rate) of 9.73% till 2030.
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Franchise Times is the premier website network helping prospective franchisees and business owners to find the right franchise and allows them to get in touch with franchises opportunities available in the industry across the country and abroad.
With over 25+ years of experience, Franchise Times is the global leader for connecting potential franchisees with dream franchise opportunities. Paid Listing of brands on www.franchisetimes.co.in enhances brand visibility, customer experience and enabling lead generation. In addition to generating leads and increasing engagement, our lead generation feature provides valuable insights into your audience. By collecting verified email addresses, you can gain a better understanding of your target audience.
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When you find a franchise you want to speak with, simply fill up the contact form “Request Free Info” button From there, your contact info is sent directly to the franchise, and they will be in contact with you typically in 3-5 business days, depending on their interest volume.
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