Key Points
The India franchise business is expected to touch USD 140-150 billion in the next five years, helped by growth in the number of franchise opportunities and an increase in consumer spending, said a report..
The Indian franchise industry is valued at around Rs 800 billion and is expected to continue growing in the coming years at a rate of 30 to 35 per cent per annum, said a report titled 'FranCast Whitepaper on Franchise Forecast 2023-24'...
Presently "India is the second largest franchise market globally..
The global franchise market size reached USD 100.7 billion in 2021-2022 and is expected to grow at a CAGR (Compound Annual Growth Rate) of 9.73 per cent till 2030...
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