India becomes a Hotspot for Foreign Brands to grow in India

New Delhi, 13th July 2023: Entrepreneurship is growing at 15%, and franchising is becoming one of the best ways to start and grow a business. Of the 1,65,000 businesses started in FY22, more than 50 percent were started through franchising. With funding becoming less and less available in today’s business conditions, the country faces a scale-up problem rather than a startup problem. India’s start-up ecosystem has shown remarkable potential, but there is a need to bridge the gap between startups and successful scaling. Franchising has also become the go-to-market strategy for Brands to expand with other people’s money.

Franchise India 2023, scheduled to take place at Pragati Maidan on July 15–16, is poised to showcase the country’s thriving business landscape. With over 500 Brands and more than 50,000 verified business investors expected to attend the Franchise India Show at Halls No. 4 and 5 at Pragati Maidan, Delhi, it will become the epicenter of business collaboration and entrepreneurship. Business buyers from over 100 cities in India and the Asia-Pacific region will converge to explore and engage in a wide array of franchise opportunities across various sectors and industries. buying and selling franchises, unlocking unlimited potential for growth and expansion.

The event’s scale is expected to generate a trade value of 2-3 billion dollars over the two days, thus opening up a trade opportunity of over 10 billion dollars annually.

Special Highlights of the event will include:

– Over 30 international brands will be joining from across the world to explore and mark their business entry in the Indian market. with a staggering investment of over Rs. 500 crores in the next five years. Brands like Paulner, Pitman Training, Computer Xplorer, Barcelos, Smoothie Factory, JaniKing, Rockhouse Sliders, The Super Park, Smash Room, and Children Inspired by Yoga, amongst others, will be showcased there. Over 50 international delegations from these companies will be present at Pragati Maidan to meet business investors and Media exchange. India’s supportive government policies, including free trade agreements and participation in the G20, have played a crucial role in attracting foreign brands.

– Business Buyers will not just be able to identify a business opportunity of their choice but will also get business funding from over 10 financial companies present there to offer Business Loans.

– Leading business leaders and startup founders, including Mr. Vijay Thadani, NIIT, Mr. Yogesh Bhatia MD, LML, Mr. Ayush Lohia, Lohia Auto, Mr. Uday Nrang, Omega Seiki, Akshay Chaturvedi, Leverage Edu, Pulkit Bansal, Anko India, Manish Guptaa, Pizza Hut India, Ayush Baid, Ellemnetry, Rakhi Rana, Drools, Human Dani, WickedGud, Param Bhargav, The Ayurveda Co., and international speakers like Adrian Shaw, Chattels, and Darryl M. Simsovic, Chief Executive Officer LaunchLife International Inc., will address at the Startup Summit at Franchise India 2023.

– Companies are developing digital products and allowing franchisees to sell them under the parent company’s brand, making digital franchising the next barometer of growth for the franchising sector. The Digital franchising whitepaper will be launched at the event to share how it will grow in India.

Mr. Gaurav Marya, Founder and Chairman of Franchise India, shared his insights on India’s growing status as a world franchise market, “The Indian franchise industry has been growing at an amazing rate, spurred by the need for new businesses to scale up and reach every nook and corner of the country. It has also brought into its ambit millennial India, which has been desirous of starting a business and not doing a job. The Indian franchising industry is a $51 billion market and has witnessed fourfold growth since 2013. Currently, there are 5,000 franchisors operating in India, and there are over 1.8 million people employed in the franchise industry. It has also brought into its ambit 40% of millennial India, which has been desirous of starting a business and not doing a job but with controlled risk.”