Published on Dec 27, 2024Updated on Feb 7, 2025
India is the second-largest franchise market globally and is projected to grow at an annual rate of 30 - 35%. This rapid growth creates promising opportunities for individuals looking to grow their own franchise business in India. With options across diverse sectors such as food, wellness, education, and retail, there’s a franchise to suit nearly every budget and goal.
This list highlights the top franchise opportunities in India for you to consider.
Amul, founded in 1946, is a trusted name in India's dairy industry, with a vast network of over 18,600 village milk cooperatives and 6,000+ retail outlets. If you’re looking for a low-investment franchise opportunity in India, Amul’s franchise model offers low-cost entry (INR 2-6 lakhs) without any royalties or profit-sharing, making it an attractive option for entrepreneurs.
EuroKids, a leader in early childhood education since 2001, offers holistic learning through its ‘EUNOIA’ curriculum. Thanks to its moderate investment and strong returns, it’s a top contender among franchise opportunities for beginners in India. With over 1,200 centres, EuroKids is among the most successful franchise businesses in India in the education sector.
Subway, with its customisable sandwiches and healthy eating options, is a popular choice among fast-food franchises. Its global brand recognition and solid consumer demand make it a prime candidate for the best food franchise opportunities in India.
Lenskart, founded in 2010, has redefined eyewear retail in India by integrating technology like 3D try-ons and home eye check-ups. It has revolutionised the eyewear industry with its affordable and stylish range of products. As a tech-driven brand with online and offline retail, Lenskart offers a moderate investment opportunity with a potential for high returns, especially in urban and semi-urban areas.
Tumbledry, India’s largest laundry and dry-cleaning franchise, was founded in 2019 to address the unorganised laundry market. With impressive profit margins and a growing need for laundry services in urban areas, Tumbledry presents an ideal opportunity for those seeking a top profitable franchise business in India. Its scalable model is especially appealing to newcomers in the service industry.
Jockey, a globally recognised and trusted brand, has been a leader in innerwear, loungewear, and sportswear retail. It entered the Indian market in 1995. With its consistently high demand and premium-quality products, Jockey has built a loyal customer base, making it a dependable and profitable franchise opportunity in the fashion and apparel retail sector.
As India’s leading online retailer for baby and kids' products, FirstCry also offers offline retail franchises. Its focus on baby care products, a niche but growing market, ensures a stable and profitable business. For entrepreneurs seeking a profitable and sustainable retail franchise, FirstCry is a compelling option, particularly in urban and semi-urban markets.
Founded in 1952, Lakme is a household name in beauty and wellness. A leading name in beauty services, Lakme offers lucrative opportunities in the booming wellness and beauty sector. While the initial investment is significant, the brand’s strong reputation and established customer base ensure attractive profit potential.
VLCC, founded in 1989, is a leader in India’s wellness and beauty industry, offering services like skin care, weight management, and salon treatments. Its extensive support system and market reputation make it one of the best franchise business opportunities in India in the wellness sector.
Since 1960, Domino’s has become one of the leading pizza chains globally, offering one of the best food franchise opportunities in India. Known for its innovative pizza offerings and efficient delivery system, Domino’s ensures steady demand across markets. With over 18,000 stores worldwide, it provides a proven franchise model, making it an attractive choice for entrepreneurs looking to start a food franchise in India.
Pizza Hut, founded in 1958, is a global leader in casual dining and pizza. Its strong brand presence and customer loyalty make it a prime choice among popular franchise businesses in India, offering franchisees a proven track record and steady returns.
Founded in 1993, Kalyan Jewellers is a trusted name in the jewellery industry. Known for its traditional and contemporary designs, it thrives in the luxury retail segment. This makes it one of the top profitable franchise businesses in India, particularly in urban areas where demand for high-value jewellery is strong.
*Please note that these figures are approximate and can vary significantly based on location and store size. It’s advisable to consult with a franchise expert before making any financial commitments.
Franchises like Amul, Subway, EuroKids, and Tumbledry can be suitable for beginners, offering low to moderate investment and relatively low risks. On the other hand, for those with a longer-term vision and larger capital, high-investment franchises like Domino’s, Pizza Hut, and Kalyan Jewellers offer proven business models and established brand recognition, with the potential for higher profits.
If you're seeking financial support for your franchise business, an unsecured business loan from SMFG India Credit could help. To qualify, your business should have been operating for at least 3 years and demonstrate consistent income and profits for the past 2 years. Check your eligibility and apply online for loans of up to INR 75 lakhs*.
* Please note that this article is for your knowledge only. Loans are disbursed at the sole discretion of SMFG India Credit. Final approval, loan terms, disbursal process, foreclosure charges and foreclosure process will be subject to SMFG India Credit's policy at the time of loan application. If you wish to know more about our products and services, please contact us
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