Franchise India Holdings Limited, in association with Francorp and Medium Healthcare Consulting Pvt Ltd launched a report on healthcare, wellness and beauty franchising. Said Gaurav Marya, President, Franchise India Holdings Limited, “This report would serve as a reference guide for all the healthcare companies looking at the potential of franchising.”
India has always been considered a dynamic entrepreneurial pool with the traditional business acumen that is inherited across the Indian pedigree. The report states that there is clearly conspicuous attractiveness in the Indian market conditions at present. Prevailing franchising wave bring with itself a lot of excitement as well as innovation in terms of the way business is done in the country.
In India, there are around 1,200 franchisors, with more than 1,25,000 franchise units, which represent slightly more than three per cent of business. Yet this small percentage generates around 30 per cent of revenues in retail and service across the Indian economy. Read more.
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