Franchise News India Today 2024 : Startups & Franchise Expansion

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Tata Consumer PAT Rises By 4% in Q2

Opportunity India Desk Oct 26, 2021 - 1 min read

Tata Consumer Products, which is a subsidiary of the Tata Group, has reported a 4.2 per cent year-on-year (YoY) increase in consolidated net profit to INR 268 crore that does not meet the anticipations of analysts. The firm reported a 9.1 per cent on-year growth in consolidated revenue from operations to INR 3,033.1 crore, which ...

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Tata Consumer Products Rolls Out New Branding for Tata Soulfull

Opportunity India Desk Sep 03, 2021 - 2 min read

Tata Consumer Products, the consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella, rolled out new branding for the Tata Soulfull product range, integrating the Tata logo into the branding. The product range is focused on the health and wellness food segment with a portfolio of millet-based ...

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Top 23 Hot Franchising Trends and Disruptive Models to Invest in

Opportunity India Desk Nov 27, 2019 - 8 min read

The franchise industry is witnessing growth of newer concepts and models, which are further creating excitement in the market and among the investors. Franchise Business Ideas #1: Cloud Kitchen With the food delivery business turning into a booming $15 billion market, cloud kitchens have become the new norm in food service. This ...

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Easy Buy is all About 'Super Styles at Super Prices'

Opportunity India Desk Nov 26, 2019 - 3 min read

With a strong proposition of ‘super styles at super prices’, Easybuy offers more than 1,000 styles from Rs 69 to Rs 699 across all segments – men, women and kids. Within four years of its operational rollout, Easybuy has opened 80 stores in 40 cities. Here are the excerpts from an interaction with Anand Aiyer, ...

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India's Stance in the World's Franchise Market

Opportunity India Desk Nov 26, 2019 - 7 min read

India is already the second-largest franchise market in the world, after the US, with over 4,600 active franchisers and nearly 2, 00,000 outlets operated by almost 1.7 lakh franchisees. There is a strong demand for American and European brands from segments like food and beverage, retail, fashion, fitness, education, and beauty and wellness. Over the ...

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Bata: The Shoemakers of the World

Opportunity India Desk Nov 25, 2019 - 3 min read

What are the key milestones for Bata India? In 2018-19, Bata India opened over 70 new retail stores and 50 franchise ones, besides renovating 47 outlets. We now have close to 1,500 stores in India and have invested around Rs 260 crore over the last three years for modernising our manufacturing plants and renovating ...

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These Indian Cities are Driving Massive Growth in Franchised Businesses

Opportunity India Desk Nov 20, 2019 - 9 min read

India has started emanating confidence among franchise investors. The overall scenario is that there is an ever-rising consumption, preference for branded products, and high inclination to spend on international brands that are driving massive growth in demand for franchised businesses in India. Here are the top 10 cities with large franchise potential: Delhi-NCR Delhi-NCR ...

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India's Top 10 States in Franchising

Opportunity India Desk Nov 19, 2019 - 7 min read

When it comes to franchise employment and output growth for the year 2019, the two regions that have maintained their lead are those in the south and west. The top 10 states or union territories with the highest franchising activities are Maharashtra, Delhi, Uttar Pradesh, Karnataka, Tamil Nadu, Telangana, Gujarat, Rajasthan, Madhya Pradesh ...

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Sectoral Outlook: New Sectors that are now emerging on the Forefront of Franchising

Opportunity India Desk Nov 19, 2019 - 10 min read

The recent demographic transformation in India has led to a consumption boom, meaning that there is now an identifiable section of the population with high disposable incomes, evolving lifestyles and an appetite for western goods. In this scenario, sectors like retail, food service and health and wellness contribute almost 60% to the overall franchising industry ...

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Franchising to Boost Job Creation Amid Economic Downturn

Opportunity India Desk Nov 16, 2019 - 2 min read

The recent National Sample Survey Office (NSSO) report shows that the unemployment rate in the country in FY 2018-19 was at 5.3% in rural India and 7.8% in urban India, resulting in overall unemployment rate of 6.1%. As per market estimates, current unemployment in India is at a 45-decade high. The situation is aggravated with ...

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