Top 10 Franchise Businesses To Invest In India

Franchises are similar to trees, with the franchisor acting as the sturdy trunk that provides stability and structure for entire franchise businesses. On the other hand, the franchisee acts as a branch, reaching out to new markets and clients. With the right help and materials, the entire tree may flourish and expand. A franchisee who works with a franchisor, or brand, has access to a devoted client base and the resources of a well-known company, including everything from training and legal support to structural aid and creative direction. 

 

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)
• Created in 2006
• Rs. 40,000 crore in revenue
• Over Rs 1 crore in initial investment
• 47,000 or more franchise units

 

Swami Ramdev and Acharya Balkrishna, two well-known yoga masters, founded Patanjali, an Indian multinational corporation headquartered in Haridwar. With a 50 million user base, the brand has expanded from its initial focus on manufacturing Ayurvedic medicines to include various products in food, clothes, cosmetics, and other categories. 

 

Lenskart

• Sector: Glasses, eyewear, and optical lenses
• Established in 2010, FY22 revenue of Rs. 1,503 billion
• 25–30 lakhs as the first investment
• Over 1100 franchise units 

 

Former Microsoft employee Piyush Bansal started Lenskart. Franchise businesses have a significant market share in Southeast Asia and have recently entered the US market. The brand has a devoted following because of its large client base of 5 million happy customers in India. 

 

Amul

• Sector: Dairy Products
• Built-in 1946
• 61 billion rupees in revenue

The range for the initial investment is between Rs. 25,000 and Rs. 80,000.

Varghese Kurien, a visionary, founded Anand Milk Union Limited (Amul) in Anand, Gujarat. The dairy firm has an astounding annual revenue of Rs. 61,000 crores, solidifying its position as a market leader in the Indian dairy sector. A minimum investment of Rs 25,000 and Rs 80,000 for land acquisition is needed to obtain, like Amul milk franchise businesses. 

Also Read: Franchise Business In India: Evaluation Of Financial Performance

Tanishq

• Sector: Jewelry
• Founded in 1994
• Revenue of Rs 7,516.8 billion
• Initial Investment: Rs. 5 crore
• 350 franchised units 

 

Tanishq is based in Bangalore and has over 350 outlets scattered over more than 200 locations in India. The Titan Company, which the prestigious Tata Group and TIDCO support, owns the brand. Franchise businesses had outstanding 36% growth in FY22, bringing in Rs 26,411 crore in sales. The brand is anticipated to experience even higher growth once lockdown limitations loosen.

 

The Hero Motocorp

• Industry: Two-wheeled vehicle
• Built-in 1984
• Rs 31,517 billion in revenue
• Franchise units: 887 Initial Investment: Rs 70 lakh

 

In Dharuhera, Haryana, the late BL Munjal started the Hero Motocorp. At the moment, Hero is the biggest two-wheeler manufacturer in the world. With a substantial consumer base, the franchise business sold over 78 lahks (7.8 million) units in 2019, making it a well-liked option among lovers of two-wheelers.

 

Pepperfry

• Sector: Home furnishings and accessories
• Created in 2011
• 203.4 crore rupees in revenue (FY21)
• 15 lakhs in initial investment
• Seventy franchise units

 

With a huge consumer base of 60 lakh registered customers, Pepperfry is a top home furnishings and design firm headquartered in Mumbai. In India, there are 28 cities where it has 70 outlets. 

 

Eurokids

• Sector: Preschool Education
• Established in 2001, revenue of 252 crores
• 10–20 lakhs in initial investment
• 1000+ franchise units

 

Prajodh Rajan and Vikas Phadnis launched Eurokids, a significant participant in the preschool sector. EuroKids has made a name for itself as a top option for parents looking for a high-quality education for their children, with more than 1000 preschool centres dispersed over 350 cities in India, Nepal, and Bangladesh. The EuroKids brand is poised for success with an anticipated compound growth rate of around 32% over the next three to four years.

 

DTDC

• Sector: Courier delivery services
• Founded in 1990
• 1388.95 billion rupees in revenue
• Initial Investment: Rs. 50,000 to Rs. 1 lakh Franchise Units: 430+ Operating Units

 

One of the top courier delivery service providers was founded in Bangalore and is called Desk to Desk Courier and Cargo (DTDC). These franchise businesses already receive 12 million shipments from customers monthly and are set on growth and anticipate raising INR 1,000 crores and going public soon. 

 

Lakme Salon

• Sector: Beauty & Wellness
• Built-in 1952
• $1 billion or more in revenue
• 50–60 lakhs as an initial investment
• 400+ franchise locations Across 125 cities, Lakmé Salons

 

In the Indian cosmetics market, Lakme has long been a household name. JRD Tata founded the company in Mumbai, and it is presently owned by Hindustan Unilever Limited. These franchise businesses are present in over 65 different countries throughout the world. Lakme has become a well-known option for those who enjoy beauty thanks to its 485 and 65 lakh beauty salons.

 

Domino’s

• Sector: Food and beverage
• Built-in 1996
• Rs 1,332 billion in revenue
• 30–50 lakhs in initial investment
• Over 1400 franchise units

 

Domino’s established its pizza franchise back in 1960. Today, it is a recognized global brand, with fans in over 70 nations, including India, who hanker after its mouth-watering pizzas. Domino’s serves over 1 million clients in the United States alone! Since its establishment in India in 1996, Domino’s has expanded to more than 1400 locations, dishing consumers a wide range of mouth-watering foods. Owning Domino’s is a lucrative franchise opportunity. Unlike other excellent franchise businesses, it has strong consumer demand for delectable meals.

 

Conclusion 

Given the nation’s current marketing trend, beginning a franchised firm is a terrific alternative. Franchise businesses are most popular among Indian company owners. However, now that you know the best franchise possibilities in India, you may choose one according to your interests, location, and financial capabilities.