Best Low-Cost Franchise Businesses in India

India is a rich source of low-cost franchise business opportunities. The best low-cost franchise opportunities are typically found in the retail, cafe, health care, entertainment, and education sectors. These franchises have the potential to rapidly expand and become lucrative sources of income. The franchise business is one of the model brands that has embraced expansion in India, and there are numerous low-cost franchises available in the country. These franchises have the potential to quickly grow and become successful businesses.

Himalayan Range

The Himalayan range is a global kitchenware brand that began in Nepal. They have a distinct and innovative product line concept. They offer low-cost franchising options for starting and expanding a business. The organisation currently works in 11 different online marketing channels around the world and has a strong web presence in nine countries across four continents. Himalayan Range believes in the principles of value and variety for billions of retail customers and takes a customer-centric approach to business. The investment required is 50k to 2 lac and space required is 200 to 1000 sq.ft.

PMKVY

The Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship scheme of the Ministry of Skill Development and Entrepreneurship (MSDE), and it is managed by the National Skill Development Corporation. This Skill Certification Scheme's goal is to enable a large number of Indian youth to participate in industry-relevant skill training that will help them secure a better livelihood. The PMKVY can be used to open a training centre. To become a training partner, you must meet the Skill Management and Accreditation of Training Centres standards (SMART). It will also assess and monitor your progress as a Training Center. Annual accreditation application fees of ₹12,000 and annual monitoring expenses of ₹8,000 are required.

Patanjali

Patanjali is another Best Low-Cost Franchise Businesses that has expanded its business into other areas after achieving remarkable success in this arena, such as beauty products, health care, personal care, food items, and much more.

Patanjali began operations in 2006 and has since grown in popularity among Indians, transforming it into a valuable commercial enterprise. It operates approximately 47000 retail outlets throughout India and specialises in Ayurvedic and herbal treatments, cosmetics, personal care, and food products. Given its widespread popularity, purchasing a Patanjali franchise will be a profitable venture for you. To open a Patanjali store franchise, you will need a minimum of 500 square feet and a minimum investment of 7 lakhs.

Cafe Coffee Day

Cafe Coffee Day cafes are extremely popular these days. CCD operates over 1700 coffee shops in over 200 cities worldwide, including Nepal, Bangladesh, Egypt, Vienna, and the Czech Republic. It is without a doubt the best coffee shop and low-cost franchise opportunity. You will also need a 1000-1500 square foot facility with a minimum frontage of 25 feet and ample parking. CCD also offers a variety of refreshments.The minimum investment required is 5 to 10 lac.

Archies

Archies is a well-known example of a low-cost franchise business. This company also has a network of over 500 national and international locations as a popular brand that sells greeting cards, personalised gifts, artwork, and other similar items. Its products have won the hearts of millions of people since 1979.

They offer a unique selection of gifts for anniversaries, birthdays, Mother's Day, Valentine's Day, farewells, and other special occasions.

It can be a profitable business because it does not require a large number of employees and can be started with a 500 square foot floor area and a minimum investment of 10 lac.