In the civilized world, franchising is a simplified model to start up new business ventures and enterprises. Not surprisingly, India is not an exception to this trend. Franchise business India presents an immense potential of earning surplus revenue if you can patron an established brand. There cannot be any denial of the fact that in contemporary times India offers lucrative opportunities for the franchise business. Franchising can prove to be the perfect ploy for starting a new business venture from scratch or propel an established company to new heights of excellence.
In the current state of affairs, the prospect of franchising in India is impressive, and the future looks flourishing. With a massive 12 million retail locations throughout the country, India has emerged as the new leader in retail outlet density surpassing China. According to market researchers, Franchise Opportunities in India are the best bet as a safe investment option that will keep paying rich dividends in the future. Thus, the franchise business model is a hot cake in an emerging economy like India, and its popularity continues to increase.
Statistics indicate that currently, more than 600 franchisors are operating profitably in the Indian market. In India’s mixed economy, there are more than 40,000 franchises spread out across the country providing a source of livelihood to more than 300,000 people. The market is enormous and unexplored presenting a sea of opportunities for small-scale investments. On the other side, lack of regulatory authority makes the Indian market bit tricky. Moreover, limited financing opportunities act as a hindrance in exploring business opportunities. Nevertheless, with a growing and prospering middle-class purchasing power of ordinary people gets better. In this backdrop, it will be quiet apt to make plans for starting a franchise business in India.
As per the report of United Nations Conference on Trade and Development, India has ventured among the top four destinations for foreign direct investment in Asia. With steady economic growth and increase in per capita income, the volume of FDI is expected to witness tremendous upsurge presenting a sea of Franchise Opportunities In India.
The best thing about franchise business in India is low risk. It presents a profitable way to earn a decent living without incurring the hazards of a self- propelled investment. Investors realize that stock market is an inferior option to invest as returns have gone done drastically. This fact is providing impetus to the Indian entrepreneurs to look for alternatives and franchising seems promising.