Written by Deepak Sah                                                                       August 26, 2021

India is the third largest consumer of goods and services. India is the leading market for the most profitable franchise business in India. The franchise business is rapidly growing in India. We all know that India is the second-largest franchise market in the world after the USA. It is growing at a good pace at 30-35% year on year and is expected to reach $100 million by 2024. India has 4600 active franchisers and nearly 2lakh outlets are operated by 1.7 lakh franchisees. India is becoming 3rd largest consumer market so we can say that India is becoming a global hotspot for the franchise market.

As per the IFA( International Franchise Association ) franchising is going to continue its growth even in a crisis and more and more franchisors will be looking to expand their business. On the other hand, franchisees see a franchise business as a good investment strategy because a franchise business can also become a good family business. As a result, more and more people are applying for franchise businesses. A franchise business helps both the franchisor and the franchisee to achieve their goal.

The franchise business in India is growing at a good pace with a good success rate.It is contributing nearly 2% of the country's GDP and is expected to contribute 5% to GDP by 2025. If we talk about the success rate then it is about 85% in comparison with 90% of the startups that failed within 5 years.

Benefits of starting a franchise business in India

• Lower operating cost

• In the crisis, you are not alone 

• Training and technical support

• Marketing support

• Brand recognition

• Good marketing strategies

• A tested business model

• A dependable team

 Top 10 best profitable franchise opportunities and franchise costs 

Aisshpra Gems and Jewels: They are 3rd Generation Jewellers, established in 1940. For the last 78 years, the Group has been providing exceptional jewellery pieces and unmatched service to their customers.70 years of India and more than 78 years of the Hari Prasad Gopi Krishna Saraf Group, resulted in the formation of its evolved identity AISSHPRA GEMS & JEWELS. The fundamental existence has been revamped to cater to the needs of the newer audience in and around Uttar Pradesh. The jewellery at Aisshpra is largely for the masses with gold, diamonds and gemstones dominating the entire range of inventory. There is also a fair amount of silver jewellery and artefacts and soon Aisshpra is also starting a bit of fashion jewellery in response to the needs of the local consumers. Aisshpra now is available across 2 stores in Gorakhpur and also through Franchisees in Padrauna, Basti, Deoria, Lucknow, Ballia and Azamgarh. A high-end AISSHPRA JEWELLERY BOUTIQUE has also been set up in Lucknow to cater to the elite audience. 

Investment:10 crore - 25 crore

Outlets: 2

Why Aisshpra as a franchise opportunity :

• Brand recognition

• All types of training and support

• Great feedback from celebrities

• High return

• Marketing support

Dava Discount - It is a division of RAJNISH WELLNESS LIMITED already a BSE listed company, which is entering into an online pharmacy. Along with providing quality Branded Medicines at a flat 25% discounted price, customer satisfaction is the major social cause of our business. Due to the high cost of medicines, it has become impossible for some sections of the population to afford even normal medication which sometimes becomes fatal for patients. So, to avoid such a case Dava Discount provides all branded medicines at a flat 25% less on MRP. They continuously seek to expand their network and believe in providing the best price in the industry.

Industry - Pharma

Investment -10 lakh - 15 lakh

Outlets-15 + all across India

Why Dava Discount as a franchise opportunity?

• Low Investment & High Returns

• Growth Opportunity

• Corporate HR Assistance

• Corporate Technical Support

• Corporate Sale & Marketing Support

Antal international network: It is one of the leading global recruitment companies in the world.It is present in more than 35 countries in the world . Antal International has been around the globe for nearly 23 years now, incorporated and headquartered in London. With global coverage across Europe, Russia, China, India, Africa, Japan and S. America, Antal is positioned to service the needs of global corporations with ease. Antal has rapidly grown across the globe, penetrating and having a major presence in all key talent markets, including strategically important developing markets, enabling us to become a leading global recruitment and search specialist in each of our specialised areas of expertise.

Investment required -10lakh and 20 lakh

Outlets- 130+ offices all across the world

Why Antal International Network as a franchise opportunity?

• 130+ offices in 35 countries

• 800+ experts 

• 28 years of experience in international recruitment consultancy

• Global leaders in recruitment and Credible international brand

• Investment required 10lakh and 20 lakh

Stovekraft Limited/ Gilma: Stovekraft Limited (ISO 9001:2008 certified) is the largest limited company in the kitchen appliances industry. Over the years, They have evolved as an organization, creating masterpieces that seamlessly blend sophistication and aesthetics with technology to make even dull household chores in the kitchen a pleasurable experience. Their flagship brands, Pigeon and Gilma, each have a unique customer proposition and different go-to-market strategies and are present across the country. With both their brands, they offer premium kitchen solutions through our wide range of products including pressure cookers, non-stick cookware, gas and induction cooktops, mixer grinders, chimneys and hobs among others. They are committed to individual safety as quality products.Stovekraft is the largest kitchen appliances company in India. As a fully integrated enterprise, They are every kitchen maker's dream and is currently offering franchising opportunities to business seekers

Investment: 8 lakh

Outlets: 160+ 

Why Gilma as a franchise opportunity : 

• Tested business model

• Low investment, High return

• Strong customer base

• Marketing support and training support

Moo Chuu India: It started in Thailand in 2014. Currently, it has active operations in around 12 countries. With its unique customization concept and strong branding, it is poised to become the leading chain of flip-flop footwear in India. It was introduced in India in November 2018 and Moo chuu India holds the rights for distribution and retail sales of Moo Chuu Footwear in India. The major USP of its flip flops is that they can be customized based on customer choice of sole and strap colour. Besides customization, Moo Chuu India flipflops are highly durable, waterproof, allergy-free, comfortable, anti-slippery and also, they are made of recycled synthetic rubber. Moo Chuu is India's only customised flip flop brand which makes light, strong, durable, waterproof, customisable, comfortable and 100% waterproof flip flops. It works with the unique concept of designing one's flip flops by selecting the style, sole, strap and size according to one's unique taste. Through this, Moo Chuu can cater to a wide variety of customer needs and preferences.

Industry- Footwear

Investment- 10 lakh - 15 lakh

Why Moo Chuu India as a franchise opportunity?

• Low cost, high return

• Tested and unique business model

• Assistance in setup and marketing

• Low cost of entry

SpeedForce: It is one of the leading two-wheeler servicing franchise businesses in India. It has a chain of branches all over India. They provide innovative repair and maintenance services for any two-wheeler. They had a wide range of trustworthy services like pick up and drop facility, on-road breakdown support, insurance support, Annual Maintenance Contracts, warranty program on spare parts, and lubricants. They are bringing a revolution in servicing two-wheelers. With well-equipped two-wheeler service stations and skilful mechanics, They provide quality services with excellent packages that are intended to offer you great maintenance and saving. SpeedForce is a one-stop solution for all two-wheeler needs. They are committed to making your ride safe.

Industry: Automotive service franchise

Investment: 7.5 lakh to 10 lakh 

Outlets : 125+ across India

Why SpeedForce as a franchise opportunity?

• 125+ outlets all across India

• A Goodwill of SpeedForce brand that is trusted across the nation

•  Help in setting your business in a perfect geographical location

•  Backed by years of research, experience and financial stability

•  A perfectly designed marketing strategy to kick start your business

•  A comprehensive sales team that makes sure you are always high on profits

•  A Supportive technical team that has solutions for everything

•  A workforce that is skilled and professional to make sure customers are always happy with the service you provide

•  Automobile Industry background not required.

Soiltech: It is one of the leading Agri equipment manufacturing brands. The world-class quality of Soiltech farm equipment makes the brand farmers' first choice in India and abroad. Headquartered in India, the brand has an existence in over 100 other countries. With more than three decades of experience in manufacturing tradition and trading in the farming and agricultural industries, Soiltech has become synonymous with quality farm and agricultural equipment.

Investment- 10 lakh-15 lakh

Franchise fees - 50,000 - 1 lakh

Outlets - 150 + outlets across India

Why Soiltech as a franchise opportunity :

• Low cost, High return

• 150+ outlets all across India

• 45 years of Industry experience

• Tested business model

• Technologically advanced solution

• Training and support

Steel Hawk: Steel Hawk Traders have attained an impressive growth rate in the Global markets through visionary approaches for their remarkable manufacturing work.  They have been fulfilling the growing demands and expectations of customers for various steel-based bottles & cups. The industrial processes are backed by a team of innovative and quality-centric professionals who are continuously bringing unique products of international standards. They clearly understand the trends and styles that are popular among the customers. They also seek to provide their customers with the exact designs through their extensive range of Steel Water Bottles, Steel Flat Feeding Bottles, SS Small Milk Bottles, Sipper Water Bottles, Steel Baby Sipper Cups, and many other items. Through their customer-integrated workflow, they are also offering the most beneficial deals for the retailers, resellers & other individuals in the entire domain. As of now, most health-conscious people are avoiding the use of plastic-made items and prefer more steel goods. Which makes their company a more reliable & preferable option for the customers worldwide.

Investment - 2 lakh- 5 lakh

Outlets - Less than 10

Why Steel Hawk as a franchise opportunity : 

• Strong consumer base

• Training and marketing support

• Brand recognition

• Low investment, High returns

Twinto- It was founded in the year 2016, is a start-up company providing cleaning services. Their company is based in Chennai and has its presence pan India. They have a vibrant workforce with 100+ trained employees and a dedicated Quality Team. They are the only company in this industry that not only has invented its own machine but also services the customers only using in-house tools.  In no time, they have scaled up to 100+ trained employees and a dedicated quality team that believes in nothing but the best.

Investment: 5 Lakh- 10 lakh

Why Twinto as a franchise opportunity?

• Low investment

• Unique business model

• Training and support

• Advanced machinery and equipment

Voylla-Fashion jewellery: Incepted in 2013, Voylla is India’s largest fashion jewellery destination with a robust online presence and an expansive retail footprint of 150+ Stores across India. Voylla has successfully introduced the concept of high quality, flawlessly crafted jewellery at affordable price points – a feat that remains unmatched in an increasingly busy segment. Voylla takes pride in its commitment to rare and traditional art, crafts and narratives, creating contemporary accessories for its discerning patron. Voylla the only brand with a versatile line of jewellery, perfect sartorial companions to every woman and man. 

Industry: Fashion jewellery

Investment: 7.5 lakh to 20 lakh

Outlets : 120 + all across India

Why  Voylla as a franchise opportunity?

• An ISO Certified brand with in-house design and manufacturing capabilities

• Top class product innovation with 1000+ new designs launch every season

• Extraordinary training program to enhance customer experience and build customer loyalty

• Strong operations support with in-house developed POS and CRM

• National, regional and local marketing support

• Fashion Jewelry & accessories are one of the fastest-growing fashion categories

Pepperfry: It is one of the largest online furniture and decor companies. It is Mumbai based firm with 1.2 lakh products on its website.It is one of the largest omnichannel footprints present in India and has 70+ studious in 28 cities. Now as per the COO and co-founder of Pepperfry Ashis Shah “ Pepperfry is expected to be in the unicorn club soon”.He said “ we are in the process of making a change in the company structure . Hopefully we should be a billion-dollar business very soon. Our IPO value will be in that range”

Investment - 15 lakh - 40 lakh ( Depending on the type of store)

Outlets - 70+ across India 

Why Pepperfry as a franchise opportunity?

• Brand Led Marketing Promotions

• Staff Training and Recruitment Assistance

• Order Fulfilment, After Sales and Support by Brand

• 70+ Studios, 20+ Successful Franchisees.

• Unparalleled Catalogue of 100,000 products

• 100% Price Parity with Online Business, No Channel Conflict

• Zero Inventory Carrying.

• Short Payback Period, Breakeven in Year 1

These are the Most promising and trending brands to invest in and if you are planning to join hands with these franchise opportunities and want to be a successful franchisee of these brands you can visit franchiseBazar and one can also select other opportunities listed on the website and can select according to your investment plan and can get guidance from industry experts.