Franchising makes for one of the most successful business stories across the world. In that respect, India has not lagged behind. It is now the second-largest franchise market, globally. Here is a comparative assessment of franchise markets in the world.
With India set to become the third-largest consumer market, consumer spending in India is expected to grow from USD 1.5 trillion at present to nearly USD 6 trillion by 2030. Here are the 10 most active franchise markets in India.
With India being home to the world’s largest millennial population, preferences for food, health, fashion and other lifestyle modes are in a state of huge flux, reflected through new sectors that are now emerging on the forefront.