Budding Franchise Businesses in Delhi-NCR
Currently India is one of the leading commercial and economic hubs in the South Asian region. Several international entities are eyeing the country for franchise opportunities. These franchises are helping the companies increase their footprints in India and also playing an important role in the country’s economic development with greater job creation. Today let’s take a look at the budding franchise opportunities in India.
Health and Fitness Franchises
India’s health and fitness kick — partially a response to mounting concerns about obesity, bad eating habits and high healthcare costs — is fueling solid growth opportunities for franchises that focus on healthy living and well-being. Be it Fitness Plus or Gold’s Gym everyone today is eyeing a franchise.
Today’s salon is a place that you step into to get a chic hairdo or an overall well-groomed look. Not only has the Indian salon Industry grown with many international players in the market, it has also become very brand conscious. Name it – Lakme, Monsoon Salon & Spa or Looks – everyone today is eager to open franchises.
Fast Food Restaurants
Another sector that has seen a huge influx of franchises is the quick-service restaurants. It is being said that this sector is responsible for nearly 40% of the entire sector’s employment. With international chains like The Burger King, KFC, McDonald’s coming up with new stores everyday, the day is not far when every locality will have a quick-service restaurant.
Kids are big business, thanks to parents who are willing to invest in them. From companies that offer preschoolers a head start to tutoring services that help high-schoolers boost SAT scores, franchises are earning high marks by supplementing the traditional education system.
People may not know it, but many of the best-known hotel brands are franchises, including Holiday Inn, Hilton and Starwoods. With Delhi being the capital of India, a lot of expatriates keep travelling to Delhi-NCR for meetings/investments etc. This is giving the hotel sector a push.