Franchising is growing very rapidly in India and it is contributing significantly to the GDP. Franchise Industry will emerge as one of the major industries in the near future. There are over 1500 Brands that have originated from India and they provide franchise. Over 300 International Brands have started their Business operations in India. International Brand would need an Indian partner whom we call as Master Franchisee to manage the Brand's operations and run it successfully in the country.
We have collaboration with franchise consultants and consulting companies across the globe. We help International Brands in finding potential Master, Area franchisees for India. We also help Indian Brands to expand to all territories/states by finding suitable area/region franchisees. Our firm also started working on expanding Indian brands to the international market.
India is the 7th largest country by area and 2nd most populous country with over 125 Crore population. Indian economy is the world’s tenth largest by nominal GDP and third-largest by purchasing power parity (PPP). With its average annual GDP growth rate of 5.8% over the past two decades, India is one of the world's fastest-growing economies.
According to latest census, there are 200 cities in India with population of over 4 Lakhs. Out of these 200 cities, few cities are already developed and few in developing stage (In terms of Business Development). Each of these cities have lot of scope for Franchising and Business Development.
There is lot of scope with respect to Development of Tier 2, 3 cities and towns in India. Business Development also helps local people in getting jobs. Franchise Industry has created Millions of jobs in India and this industry is going to grow vastly.