Have you wondered why there are so many foreign brands in the Indian market? Franchise businesses is the answer. International businesses and brands have gained strength in the Indian market through franchise businesses. Franchise business models are among the most successful business processes in the world and India has its own share of international as well as domestic franchise options. The majority of these are very profitable and you may have visited them yourself. India has been known as one of the biggest franchise markets in the world and the success is determined by several factors. Firstly, the country is one of the largest consumer markets due to numerous populations and the second factor stems from some changes such as privatisation of healthcare and education sectors, liberalisation and globalisation of the Indian economy.
 

The process involves a franchisor who provides the franchisee with conceptual, structural, legal, and training-related support in exchange for an upfront start-up fee along with royalty charges. India is a mega-market for the most profitable franchise businesses. The franchise setup is rapidly expanding and It helps both the franchisee and the franchisor in achieving their individual goals. India is the third-largest consumer of goods and services in the global market. Automobiles, beauty, fast food, education, wellness, delivery, fashion, and healthcare are some of the most popular domains in starting a franchise and many popular brands have adopted franchise business for expansion in India.
 

It’s essential that investors and businesses research their potential business partners thoroughly before stepping into this model. It is always safer to stick to established names and brands for investors. Both the franchisor and franchisee reap benefits in owning and selling a franchise. Once the franchisee partners up and get access to the brand’s loyal consumer base, creative support, legal counsel, and training support, the franchisor can further expand the business in untapped markets to increase the market share and revenues.
 

There is a rumour that the franchise model requires huge investment but many successful entrepreneurs have opted for the franchise model instead of other business ideas because of the tried and tested successful model of the franchise business. Franchising is the most profitable and feasible form of a business opportunity but buying and opening a franchise outlet is a massive investment and will require hard work, patience, creativity and commitment.
 

This way, high-profit franchise opportunities in India appear to be in Education, Training and Career Development, Health and Senior Care. The country's government is also concerned about pollution. Therefore, Recycling and environment-friendly businesses are found among the trendiest and the highest profit franchises. However, the businesses which are related to IT and online ordering services such as E-commerce, Call centre, Courier are top profitable franchises in today`s pandemic situation.

Some of the most popular franchise brands in India:

• Subway

• CADD Centre

• CloudKampus

• Giani's

• Jawed Habib Hair and Beauty Ltd

• Affinity Salon

• InXpress

• DTDC Courier And Cargo Ltd

• Lenskart

• FabIndia

With all the promising facts and figures, the Indian market will be one of the best options for all the business investors and new business owners opting for the model of the franchise business.