Overview Of Franchise Industry In India
WRR MARKET RESEARCH :The $3.3 billion franchise market in India has the potential to grow to $20 billion by 2020.
MARKET RESEARCH ON Overview of Franchise Industry in India
Reference code: IRRMROFIIN05-12
Published On: MAY2012
www.worldresearchreport.com
REPORT HIGHLIGHTS:
The Indian franchise operations have started expanding beyond the metropolitan centers into rural India. The top prospects for franchising include: food, education, retail, beauty salons/cosmetics, business services, apparel and travel/tourism.
The franchise market in India has the potential to grow to $20 billion by 2020.
Several foreign companies with strong brand names have established a presence in India through franchising.
The market research report gives an overview, key facts and numbers, and key competitors of several companies like Hertz, Avis and Budget car rental; Radisson, Best Western and Quality Inn hotels; Kentucky Fried Chicken, Domino's Pizza, TGI Friday's, Ruby Tuesday, Subway, and Baskin Robbins for food. Pizza Hut and Domino's Pizza have opened many outlets under the franchise model.
Similarly, Indian companies with strong brand recognition are also using the franchising route to expand business volume. Examples of such Indian companies are: Thomas Cook, Cox & Kings, Kuoni, SOTC, Raj Travels for travel and tourism, Euro Kids, Kidzee, Apple for pre- school, Caf Coffee Day for food and beverage and Apollo Hospitals for healthcare.
WRR report helps to evaluate the cutting edge opportunities vital for the success of the market in United States. WRR report has comprehensive data, which can be useful for handset manufacturers, service providers, and investors.
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by: worldresearchreport
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