Fulfill Your Wish to Rise High with India Business Opportunity
Article by Grahame Clark
India is the largest democracy in the world. In terms of population it ranks second in the world. The policy of liberalization pursued by the government after 1991, has transformed the prospects for the Indian economy. Today India is one of the favored destinations for global investments.
One of the business formats that is rapidly gaining acceptance is “Franchising” which is growing at a rate of 30% annually. While legal infrastructure and ecosystem are in place in India, one must do a thorough research, and due diligence of the potential Franchisee and create binding agreements covering all important aspects of the Franchising before making any investments. One must also understand business norms of India and seek professional help in navigating the paper trail, IP protection, and Tax implications etc. before undertaking partnership agreements with the Franchisee. Top sectors with franchising opportunities are Education and Healthcare due to a huge mismatch between supply and demand now and in the coming years. You may want to take advantage of the fact that US Commercial Service (Dept. of Commerce) regularly takes Trade Missions of US Franchisors to India.
In India, there are various big players offering the best franchise business investment opportunity. All you have to do is select the lucrative and the best one from the lot. Owning any business not only provides you with an opportunity to earn more profit but also makes you your own boss. So, people nowadays are more inclined towards having their own business. You have spotted the right page, if you are looking for a franchise business opportunity in India.
The government has come up with several incentives like import of capital goods at concessional customs duty (under condition it fulfills certain export obligations), liberalization of external commercial borrowing norms, tax holiday to encourage investments. Sectors like automobiles, chemicals, food processing, oil and natural gas, petrochemicals, power, services and telecommunications have witnessed tremendous investments.
India offers numerous opportunities in the field of franchising. The vast geographical expanse, the multi cultural people, the strong economy and the growing middle class have all contributed to the growth of franchising in India. Many companies, both global and Indian, owe their success to franchising. Franchising offers a win-win situation for both the franchisor and franchisee. While the franchisor’s business expands multifold, the franchisee can gain by a great income and a flexible work style.
Indian market offers plenty of opportunities for business – import business, Internet ventures, outsourcing, software development, real estate, services and others. Business opportunities in India attract both foreign and domestic investors. With Indian government policies becoming liberal, more and more entrepreneurs are foraying into business. India provides the right environment with an exemplary democratic governance, transparent legal and accounting system and legal protection for intellectual property rights. Fundamentals of the Indian economy are also strong and sustainable. According to UNCTAD (United Nations Conference on Trade and Development) report, India is among the top four Asian destinations for foreign direct investment.
Many international corporate houses always look out for the opportunities to kick-start their franchising business in India. India being the second most populous country provides a huge consumer market for all different types of products and services. Franchising business is flourishing in India. Post liberalization, India has become a preferred destination for doing business. The barriers to set up business have withered away, licensing regime is done away, and the red tapism is loosening up. Franchise Bazar is there for you, if you wish to be a part of the best franchise business investment opportunity in India.
Moreover, India business opportunity is getting lucrative day by day and is ensuring higher ROI. Franchise Bazar provides you with a unique platform to showcase your franchise business model, to attract your prospective clients, and an opportunity to contact you directly. This platform also provides information about business opportunities in India, all different Indian franchisors, India business for sale, franchises in India, franchise information, and major franchise model based companies in India.
There are several factors which create favorable business opportunities in India.
India has a huge middle class, with improved purchasing power, due to the high growth in the economy. Increasingly Indians have become more brand conscious, resulting in increased growth for the retail sector. Presence of vibrant trade links with South Asian Association For Regional Cooperation (SAARC) nations like Bangladesh, Bhutan, Maldives, Nepal, Pakistan and Sri Lanka. Improved infrastructure available for business ventures. India’s competitive advantage in Information Technology can be used to enhance productivity in Industries. Availability of huge pool of technical manpower has heralded the expansion of manufacturing base across different industries. India is rich in natural resources and self sufficient in agriculture. A well established banking system consisting of public and private banks and other financial institutions. The capital markets in India are one of the fastest growing markets in the world, attracting huge investments from FII’s. The economic reforms have brought in policy changes in terms of freedom of entry, investment, location, usage of technology, import and export. These changes have created an investment friendly environment. India is a well established democratic country, with free and fair judiciary. A considerable section of the population is proficient in English.
These days, everyone is strategizing his or her own franchise concept and business opportunity in India, whether it is a big foreign company or a domestic company. In addition, this strategy is spreading and developing at a phenomenal rate. Everyone wants to offer the best India business for sale to the prospective investors. Everyone wants to stay ahead in the race to earn more profit. Many sectors have witnessed massive changes, the sectors that saw sudden changes in terms of franchise business model are telecommunication, infrastructure, aviation industry, real estate or even finance market. It is just the matter of selecting the best one, although seeing this transformation you can say that now people have various lucrative India business opportunities. Striking a balance between a good strategy and a great product is all that is needed for succeeding in any kind of franchise business model. Hence, simply select the best business opportunity in India if you wish to earn more.
Investors are becoming more and more wary of putting their money into the stock market or traditional businesses today. Earning the kinds of returns that were possible 2-5 years ago is extremely difficult today. More and more Indian business people are therefore prompted to invest in themselves through a franchise model. Overall, in the world today, the India business for sale represents one of the largest franchise opportunities.