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Facts About Franchising
By 2024, the franchising market in India is expected to reach $100 billion,
rising at a rate of 30 to 35% annually. With about 2,00,000 units run by nearly
1.7 lakh franchisees and over 4,600 active investors, India is already the
second-largest franchise market in the world, behind the US. Multi-unit
franchising has increased by more than 36% during the past two years. However,
the Indian franchise market is still in its infancy making it the perfect spot
for you to start your franchise investment journey.
Modern business owners have discovered the potential for development through franchising, and many of them have chosen to jump on board since it is safer, more organised, and more lucrative than trying to manage a small business on their own. In a diverse market like India, franchising enables businesses to make 5 times the profit.