December 2, 2009

The future is bright for the franchise in India

Although franchising company has a small part of the U.S. economy, is the franchising sector in terms of size. In the United States, there are over 2,500 franchise systems, with over 534,000 units in the franchise, just over three percent of U.S. companies represented. But the few generated 35 percent of retail sales and services for the economy of the United States.

Estimated with the products and free services to 800 billion dollars a year, the international demand for branded products and services franchise creates tremendous opportunities for companies in the United States to expand overseas.

India, an emerging middle class of over one billion people, is now positioned as a driving force for the global economy and a fertile ground for investment in place, development and retail stuff. The franchising industry in India would grow at an annual rate of 30 percent, and travel the country, the current AOS $ 330 in the retail sector is even higher. In 2007, more than 750 national and international franchisors, which deals with India, the income of millions of people and generate more than $ 3 million.

Industries, such as the prospects for a franchise opportunity with absolute success in India include:
* Food and Drink
* Education
* Clothing
* Animation
* Courier
* Stationery and gift shops
Health and Beauty
* Fitness and Nutrition

Many parts of the world, AOS largest and most well-known franchise companies such as UPS Germany, McDonald, AOS, Yum Brands, Baskin Robbins and Subway have a visible presence in India. Other U.S. companies from different industries, are gaining a foothold.

In India, AOS retail market grew by over eight per cent per year, a dollar store actively seeking franchisees. This chain of retail sales in Florida, United States base, sells low-priced goods and services in general. India is only a geographical area for the company, based AOS multi million dollar international expansion.

And there are some surprising entries in the franchise in India, which at first glance may not seem a logical extent with the traditional culture of India and consumers.

Contours Express has launched its first center in Bangalore in India, with a second office in Mumbai. The company has more than 700 fitness centers for women in the United States and in other locations in 24 countries and wants to at least 1,000 Contours active clubs around the world.

Pizza Corner aims to open 36 branches in India, to extend and expand efforts in Sri Lanka, Nepal and Singapore.

Golf USA in about 100 stores in 32 states and 6 foreign countries, growth and is actively seeking entrepreneurs to run business in India.

According to statistics from the Franchise India, Franchise currently only two percent of retail sales in India, compared to almost 50 percent in the United States. However, only two per cent is growing rapidly, and the point of impact of potential market surprise. The success rate for each franchise company in the United States for 92 percent and is based, since the dealers, the test system, should be the success the Indian franchising comparable.

Franchising is a bright future in India due to the convergence of several factors:
* The average income in India is steadily increasing and people have more purchasing power.
* The telecommunications and transport infrastructure improves the exchange of information and goods.
* Increasing levels of consumer spending, with a greater recognition of the value of the brand.
* Internet access opens the world in India, so that the public better informed on global trends and brands. In contrast, the Internet, it is easier for international companies to gain an understanding of India, AO culture, geography and politics.

You want the world to visit http://www.franchisedirect.com franchises. Headquartered in Dublin, Ireland, Franchise Direct operates several websites for information and franchise offers a wide range of research resources for the purchase of a franchise and industry in general.

Kathleen Fitzpatrick
Franchise Direct (McGarry Internet Ltd.)

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