Top 10 Franchise Businesses To Invest In India
Franchises are like trees; the franchisor is the strong trunk that lends support and structure to franchise businesses. As a branch, the franchisee, on the other hand, reaches out to new markets and customers. The tree may thrive and grow if given the correct assistance and resources. Working with a franchisor, or brand, a franchisee has access to a loyal customer base and the help of a reputable business, including everything from training and legal support to structural assistance and creative guidance.
India’s Top Ten Franchise Businesses
We have produced a list of India’s top 10 franchise businesses that are good places to put your money.
Patanjali
- Sector: Ayurvedic goods and FMCG (fast-moving consumer goods)
- Built-in: 2006
- Revenue of: ₹40,000 crore
- Initial Investment: Over ₹1 crore
- 47,000+ franchise units
Two well-known yoga instructors, Swami Ramdev and Acharya Balkrishna, formed Patanjali, an Indian global company headquartered in Haridwar. The firm, which initially concentrated on producing Ayurvedic medicines, has grown to have a 50 million customer base and now offers a variety of goods in food, apparel, cosmetics, and other categories.
Lenskart
- Sector: Glasses, eyewear, and optical lenses
- Built-in: 2010
- Revenue of: ₹1,503 billion
- Initial Investment: ₹25 to 30 lakhs
- Over 1100 franchise units
Piyush Bansal, a former employee of Microsoft, founded Lenskart. In Southeast Asia, franchise businesses hold a substantial market share and have just entered the US market. Due to its significant customer base of 5 million content customers in India, the brand has a passionate following.
Amul
- Sector: Dairy Products
- Built-in: 1946
- Revenue of: ₹61 billion
- Initial Investment: ₹25,000 to ₹80,000.
Visionary Varghese Kurien created Anand Milk Union Limited (Amul) in Anand, Gujarat. With staggering yearly sales of Rs. 61,000 crores, the dairy company has cemented itself as the industry leader in India. Like Amul milk franchise businesses, obtaining one requires a minimum investment of Rs 25,000 and Rs 80,000 for site acquisition.
Tanishq
- Sector: Jewelry
- Built-in: 1994
- Revenue of: ₹7,516.8 billion
- Initial Investment: ₹5 crore
- 350 franchised units
With its headquarters in Bangalore, Tanishq operates more than 350 stores in more than 200 sites throughout India. The brand is owned by The Titan Company, which the illustrious Tata Group and TIDCO back. Franchise businesses had exceptional 36% growth in FY22, generating sales of Rs 26,411 crore. The brand is projected to flourish considerably more if lockdown restrictions are eased.
The Hero Motocorp
- Sector: Two-wheeled vehicle
- Built-in: 1984
- Revenue of: ₹31,517 billion
- Initial Investment: ₹70 lakh
- 887 franchised units
The Hero Motocorp was founded in Dharuhera, Haryana, by the late BL Munjal. The hero now ranks as the world’s largest two-wheeler manufacturer. With a sizable customer base, the franchise sold more than 78 lakhs (7.8 million) units in 2019, making it a popular choice among two-wheeler enthusiasts.
Also Read: Top 10 Food Franchises to Invest in India in 2023
Pepperfry
- Sector: Home furnishings and accessories
- Built-in: 2011
- Revenue of: ₹203.4 crore
- Initial Investment: ₹15 lakhs
- 70 franchise units
Pepperfry is a leading home furnishings and design company headquartered in Mumbai. It has a sizable client base of 60 lacks registered consumers. It has 70 stores spread over 28 cities in India.
Eurokids
- Sector: Preschool Education
- Built-in: 2001
- Revenue of: 252 crores
- Initial Investment: ₹10 to 20 lakhs
- 1000+ franchise units
Prajodh Rajan and Vikas Phadnis founded an important player in the preschool industry, Eurokids. EuroKids has a reputation for being a top option for parents looking for a high-notch education for their children, with more than 1000 preschool facilities dispersed around 350 cities in India, Nepal, and Bangladesh. The brand EuroKids is well-positioned for success, with a predicted compound growth rate of about 32% over the next three to four years.
DTDC
- Sector: Courier delivery services
- Built-in: 1990
- Revenue of: ₹1388.95 billion
- Initial Investment: ₹50,000 to 1 lakh
- 430+ franchise units
Desk to Desk Courier and Cargo (DTDC) is a leading company providing courier delivery services. It was established in Bangalore. These franchise businesses get 12 million shipments from clients monthly, are focused on expansion, and plan to raise INR 1,000 crores and go public shortly.
Lakme
- Sector: Cosmetics
- Built-in: 1952
- Revenue of: ₹1 billion or more
- Initial Investment: ₹50 to 60 lakhs
- 400+ franchise units
Lakme has long been a recognised brand in the Indian cosmetics industry. The business was established in Mumbai by JRD Tata, and Hindustan Unilever Limited currently owns it. Over 65 different nations throughout the world have these franchise businesses. Thanks to its 485 and 65 lakh beauty establishments, Lakme has established itself as a popular choice for individuals who appreciate beauty.
Domino’s
- Sector: Food and beverage
- Built-in: 1996
- Revenue of: ₹1,332 billion
- Initial Investment: ₹30 to 50 lakhs
- Over 1400 franchise units
In 1960, Domino’s started a pizza franchise. Today, it is a well-known global brand with followers in more than 70 countries, including India, who crave its delectable pizzas. In only the US, Domino’s serves nearly 1 million customers! Since opening a shop in India in 1996, Domino’s has grown to more than 1400 outlets and serves customers various delectable dishes. Owning a Domino’s franchise may be quite profitable. Unlike other good franchise businesses, it has great consumer demand for mouthwatering dishes.
Conclusion
An excellent alternative is starting a franchised business, given the current marketing trend in the country. Indian business owners prefer franchise businesses above other types of enterprises. However, now that you know the greatest franchise opportunities available in India, you may pick one according to your preferences, geographic area, and financial standing.
