Utilisation of robotic products is rapidly catching up, offering a fertile ground to enter the arena of robotic businesses. Franchising is further adding to the popularity of this hi-tech industry. Read on to know more...
In a technology driven era, robotic retailing is gaining great momentum by drawing attention from wide spectrum of industries such as defence and surveillance, movies, hospitality, education and many more. These industries are making full use of this highly efficient technology for day-to-day domestic activities, industrial applications, and educational purposes. Yet the automation and robotics are yet to emerge as a lucrative franchise business opportunity in India, though robotics business across the globe has always been a money-spinning prospect with industrial robots having the biggest share in the manufacturing world.
Growing as a promising industry
In India, robotic manufacturing and retailing businesses is gearing up and have started marking their presence felt in a big way. There are significant players in the industry like automation and robotics manufacturing-Precision Automation and Robotics India, Gridbots, India Robotics and Automation, Hitech Robotic Systemz, J Robotics Technologies, TRI Technosolutions, ABB, Rockwell, Kuka Robotics, Motoman, and Hyundai Robotics and so on. Though these companies are in the business of robotics for years now but very few have opted for the franchise model to expand their brands.
The industry is speculated to witness a rise in the demands for both industrial and service robotic products. Thus, it is going to provide a complete new sphere of franchise business trends for the entrepreneurs today. As for the career growth, the industry also has great job opportunities.
Franchising, the way forward
Franchising considered as the best mode to expand the presence of a brand as it combines the experience and expertise of the franchisor and financial capability along with enthusiastic approach of the aspiring entrepreneur. Expansion of a business at the national level usually proves to be a cumbersome and expensive task. However, franchising makes it easier for both parties to fulfill their respective objectives. As Pulkit Gaur, Founder and CTO, Gridbots Technologies Pvt. Ltd states, “We have taken the franchise route because we have always believed in ‘Together we can do better’. We are a company which was incubated by CIIE (Centre for Innovation Incubation and Entrepreneurship), therefore the infrastructure facilities, financial resources were always short at our disposal. But when we decided to roll out robots for retailing and imparts education of robotics; we needed a team of likeminded people who are sound both in academic as well as financial spectrums.”
Franchise business is best suited for
As the business is highly technical and requires great expertise and strong financial background, therefore like mindedness in academics and financial spectrum are pivotal. If you are interested in this unique business opportunity, all you need to do is to invest an amount that may range from Rs 10 lakh to 15 lakh. Besides this, you should have a minimum of 1250 sq. ft of office space (carpet area) at a semi-commercial location. Good business contacts in the industry and academia can be an added advantage for the franchisees.
Benefits of taking up a robotic franchise
Once you have taken this franchise business opportunity, you will realise the major benefits of it. Franchising allows the franchisees to leverage all the required support and hand holding, that is necessary during the initial phases of the business. Some of the companies who are into franchising also work on revenue sharing model, where franchisors assist their franchisees open a company signature store.
Associating yourself with a company like GridBots will relieve you from the entire technical burden, as the company provides you with well trained robotic engineers and business development managers. As Gaur said that their franchisees with the support of robo engineers, business development managers take care of the business interests of the company and of course their own in the following ways:
Besides the recruitment and training of the franchisee’s staff, the company officials make regular visits at the franchised outlets to ensure smooth functioning of the franchise business company. The company also arranges lectures and workshops in schools and colleges for setting-up of Robolabs.
In short, it is expected that the industry will grow many folds in the coming years considering the immense potential in the Indian market. Robotics products are the need of the hour and franchising as a convenient mode of expansion will help the aspirants nurture their dreams in less time.
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September 08, 2012 at 8:40 pm
Hi,\r\n\r\nI am a mechanical Engineer in profession have PhD and Robotic Assembly, and would like to set up a business in Robotics. Could you help in this.\r\n\r\nRegards,\r\nWasim
August 06, 2012 at 9:06 pm
i want to know more about this
July 10, 2012 at 3:46 pm
My name is Yoganand K L N and I have done my B.Tech in MECHATRONICS batch (2008-2012). Can you please send me detail information about the business. I am interested in starting up a business in my field . Thanks in advance. With regards Yoganand.
November 08, 2011 at 1:06 pm
wish to take franchisee
May 07, 2011 at 12:20 am
I am intrested in involving & associating in manufacture/ sale of the said equipments. Pls let us discuss. Regards, Varma
Bridge education services pvt ltd
March 07, 2011 at 11:21 am
please send more detail about franchise and investment,we are very much interested to start this course in Chennai.
January 25, 2011 at 5:53 am
i want take robotics franchise my own school is there please feed back ASAP regards kiran
A M Morawala
January 23, 2011 at 7:43 am
Hi, I am an Electronics engineer, 53 years, with 30+ years experience in industry. Robotics & micro-controller based systems are my passion and my hobby. I have hands on experience in AVR, 8051 etc. I want to take up robotics and associated systems as self employment. Possible schemes include teaching basics (electronics, mechanics,etc) & building & selling. Can i get in touch with someone who can guide me on this path? I have limited monetary resources, but 10% interest. Thanks.
January 12, 2011 at 5:29 pm
Please send more info Thankyou
January 10, 2011 at 4:05 am
My name is Nilima Mago and I have done my engg in Computer and Masers in MIS (with major in Management). Can you please send me detail information about the business. Thanks in advance. Regards Nilima
December 30, 2010 at 7:57 am
i am already involve in automation business.so.I am Interested this business. Pls. give more details for working profile & investment.
December 11, 2010 at 6:06 am
hi i m interested in the business. pls contact me. kind regards ishan agrawal
Laxmi Narayan Pati
December 10, 2010 at 9:11 am
I am an MBA with Physics background.I need further information for setup the business. Me:regards Laxmi Narayan Pati
Raviprabha P Dayanandan
December 10, 2010 at 12:00 am
Hi i am interested in the business pls send me the details by email
November 23, 2010 at 12:46 am
hi i m intrested in the business. pls contact me. kind regar abhay agrawal
October 25, 2010 at 11:56 pm
please send more detail about franchise and investmen
September 26, 2010 at 5:43 am
please send me the franceise availablity and addresses of the companies interested.
September 23, 2010 at 7:30 am
I am interested in this bizness idea, plz send me details.
September 23, 2010 at 5:49 am
I am a Business man operating an Export House and other business ventures. I am interested to know more about your Robotics business and also seek to be a franchisee in Kolkata. Please send me full details with terms.
September 22, 2010 at 6:58 am
I would like to have more information regarding the products and the business opportunity & do you need to have technical background?
September 22, 2010 at 6:13 am
BEING A Engg.(E&C) I AM INTERESTING IN THIS FRENCHISE IN (j&K) WOULD LIKE TO KNOW MORE
September 21, 2010 at 4:00 am
i would love to have more information regarding your products warranty period?
sreekanth babu s
September 21, 2010 at 12:56 am
it seems very interesting business, would like to know more details.
Punit Kumar Gupta
September 19, 2010 at 8:21 am
I am interested in this franchise opening in Rajasthan. Contact with me for rajasthan
September 19, 2010 at 8:07 am
i am interested. Pls send me the details of this business franchise.
September 18, 2010 at 1:03 pm
I am eager to know about robotics and want to take franchisee if available.Please provide me needful information.
September 17, 2010 at 7:53 am
I AM AN ELECTRICAL ENGINEER WITH MORE THAN 30 YEARS EXPERIENCE.MY ELDER SON IS M.TECH DEGREE FROM I.I.T. DELHI. AND YOUNGER SON IS SOFTWARE ENGINEER.WE HAVE GOOD CONTACTS IN INDUSTRIES AS WELL AS IN ACADEMICS LEVEL LIKE SCHOOL, COLLEGES AND TUTION CLASSES ETC.WE HAVE LIMITED FUND TO INVEST.SHOW US THE WAY SO MUTUALLY WE GROW TOGATHER.
September 17, 2010 at 2:25 am
Fantastic!!! Would like to know more in terms of innovative products that you make and details of how it will keep us survive in this upcoming market.
September 17, 2010 at 1:35 am
This is really emerging business in India . This article shares only general information. At initial stage I am interested more in the way actually how this business going to work? I am interested in more details of this Business .
September 16, 2010 at 12:41 pm
Its a intresting oppertunity. I would like to know the product details and whether any technical knowledge required for the franchisee?
b gurudath rao
September 16, 2010 at 11:49 am
i am interested, but are robotic products, what is the use please explain thank you
September 16, 2010 at 1:09 am
interesting business. send me details . can it be done without technical background ?
September 16, 2010 at 12:33 am
we would like to know more,see the products and see some examples of your products deployment in various fields.
September 15, 2010 at 10:56 pm
This seams to be any upcoming good opportunity and I am interested to know in detail about this.
September 15, 2010 at 10:21 pm
I am Intrested. Pls. give more details for working profile & investment.