FRANCHISING IN INDIA
An Emerging Trend
- Grown from a questionable format to an admissible mode of business expansion in India
- Pioneering companies proved that franchising can work in any market/ country
- Brought a drastic change in over-all working culture in the business
- Technology and internet are helping at both ends:
- To create the awareness about new products & services, and
- Enabling high consumer servicing allowing fast proliferation of worthy concepts & products
- Revolutionary year – 2010
- Booming entrepreneurship: 1800 Home Grown Franchisors & 2,00,000 Franchisees
- 85% success rate in franchising Vs. 90% failure in self start ups
- Franchise industry estimation has towered up to over US$ 7 billion
- Highest retail outlet density in the world to up to approx. 12 million
- Remains the best entry & expansion strategy
- SMEs are the key economy drivers
- Employs over 97,00,000 employees directly or indirectly
Franchising In India - Industry Wise
Where Ambition Meets Opportunity
India’s franchise sector is poised for exponential growth, projected to reach USD 140-150 billion in the next five years, driven by increasing consumer spending and a surge in franchise opportunities across various sectors . Franchise Times caters to this expanding market by providing access to over 4,000 pre-screened business opportunities spanning industries such as food and beverage, education, automotive, health, and beauty.
The platform’s suite of services includes:
Franchise Opportunities: A diverse portfolio of franchising options tailored to different investment levels and industry preferences.
Business Consulting: Expert guidance on legal, operational, and financial aspects to ensure sustainable business growth.
Digital Consulting: Strategic digital solutions, including website development and marketing, to enhance brand visibility and customer engagement.
Awards & Events: Recognition programs that celebrate excellence in franchising, fostering a culture of innovation and achievement.
