
Ayurveda, an ancient system of treatment and healthcare, has expanded tremendously in recent times. This has led to the mushrooming of Ayurvedic centres across the country. The various herbal combinations, treatments and massage procedures used in Ayurveda have been known to treat many disorders and diseases.
The demand for Ayurvedic treatment has motivated many players to get into the field. The sector has become organised with many brands offering excellent franchise opportunity to the aspirants.
During the last three decades, the world has accepted the Indian disciplines of yoga, meditation and Ayurveda. People from abroad have shown great interest in Ayurveda. However, to extend its reach across the world many organised players took the franchise route to expand their presence worldwide.
Similarly, Shahnaz Husain, Founder, Chairperson and Managing Director of Shahnaz Husain Companies, attributes the success of her brand to the franchise model.
Motivating factor
Awareness of the people and positive response towards the mode of treatment offered by this system have led to the growth of the Ayurveda industry. On people’s demand for Ayurvedic treatment and services, Anand Shrivastava, Chairman and Managing Director, Maharishi Ayurveda Products Pvt Ltd (MAPPL) said, “There was an increasing demand from the consumers of Ayurvedic products to get consultation for these products from our vaidyas. This led Maharishi Ayurveda to start its own health centres. Seeing positive response to our health centres and their growing demand, we were encouraged to undertake expansion of these centres all over the Indian landscape, which was decided to be done through the franchise route.”
Franchise players
The increasing demand of Ayurvedic treatment centres across the world has resulted in the emergence of many organised players in the field.
MAPPL: The origin of Maharishi Ayurveda dates back to 1980. Presently, it operates more than 11 company owned health centres.
Vaidyaratnam: The family of Thaikkattu Mooss, a legend in its own right, is engaged in the practice of Ayurveda, the science of life, mastered by ancient Indian saints. The company has more than 1, 000 outlets in Kerala, and in other states more than 750 franchised outlets.
Opportunity for aspirants
Ayurvedic treatment centres make a promising sector with lucrative business opportunity for aspirants interested in providing healthcare to people. The industry is well-organised with many brands providing franchise opportunity to aspiring entrepreneurs.
On the business opportunity available in this sector, N Venkat, CEO & Managing Director, Birla Wellness Group, says: “The aspiring franchisees would have the following benefits and advantages: They can join the Ayurveda revolution for preventive healthcare, which is growing at the rate of 30 per cent each year. We have seen a lot of interest shown by many franchisees that have a genuine interest in healthcare of people through preventive methods.”
Aspirants interested in taking up the franchise of Ayurvedic centres need to have knowledge about the industry.
Elaborating on the basic requirements for prospective franchisees to join this industry, Dr Mruthyunjaya says: “We want dedicated franchisees to look after the centre and devote ample time to it. S/he must have a little knowledge about the health and beauty industry and must be driven towards excellence. We do not want people who only have financial capability, rather we want people who have interest in this concept and who can help us promote Ayurveda across the nation.” To acquire a franchise of an Ayurvedic treatment centre, the investment and area requirements vary from brand to brand. However, the estimated investment would be about Rs 15-20 lakh, along with an area of100-500 sq ft.
It is, therefore, apt to say that it is a healthy opportunity for those who have the passion to build their career in health industry. The industry has many well-organised brands providing franchise opportunity, and the sector is profitable and perpetual too.