Do you want to start an automobile-related business? Find here a list of top automotive franchise opportunities offered by reputed and trusted companies in India.
Today India is the seventh-largest producer in the world with an average annual production of 17.5 million vehicles. It is expected to be the 4th largest automotive market by volume, by 2015. The automobile market is 7% of the country’s GDP by volume. It is projected, 6 Million-plus vehicles to be sold annually, by 2020.
A growing working population and an expanding middle class are expected to remain key demand drivers. GDP per capita has grown from USD 1,432.25 in 2010 to USD 1,500.76 in 2012 and is expected to reach USD 1,869.34 by 2018.
The automobile industry in India is in the growth model. If you are passionate about vehicles, this is the industry to be in.
Here in this post, we list down the top most popular premium automotive franchise opportunities at present in India.
List of Top 10 Automotive Franchise Opportunities in India
1. Hero Moto Corp
Hero Moto Corps formerly known as Hero Honda Motors Limited is at present the world’s largest manufacturer of two-wheelers. Hero MotoCorp two-wheelers are manufactured across 4 globally benchmarked manufacturing facilities.
These are based at Gurgaon and Dharuhera in the state of Haryana, Haridwar, in the hill state of Uttarakhand, and the latest addition is the state-of-the-art Hero Garden Factory in Neemrana, Rajasthan.
2. Mahindra First Choice
Mahindra First Choice Wheels Ltd is the country’s largest multi-brand pre-owned car company which is backed by the 30 thousand crore Mahindra Group. The company is aggressively looking at expanding its network in all major cities through its formats of Superstores & Franchise Stores.
Presently we have 125 stores in 80 leading cities of the country. The company has already launched seven Superstores, The company is planning to expand its network to 32 Superstores & 300 Franchise stores over a period of 3 years
3. MRF Tyres
MRF’s origin traces back to the humble shack in Madras that housed its first makeshift toy balloon manufacturing unit set up by KM Mammen Mappillai in 1946. It was not until 1952 when it changed course and turned to tread rubber manufacturing. Thus began its glorious reign as the undisputed leader in the tyre making industry.
By the early 60’s, MRF was exporting its quality tyres to offices overseas in the U.S. & Beirut and soon made its presence known globally across 65 different countries – with tyres rolling out of 6 interdependent facilities built across 450 acres, 3000 strong dealer networks, and 180 different offices.
4. Maruti Suzuki
Maruti Suzuki started its operations in1982 in Gurgaon, Haryana. Today, the company alone makes 1.5 million Maruti Suzuki family cars every year.
A team of over 12500 dedicated and passionate professionals that turned out 14 cars with over 150 variants. The drive is backed up by a nationwide service network spanning over 1454 cities and towns and a sales network that spreads across 1097 cities, 2 states of the art factories. A diesel engine plant with a capacity upped to turn out 7 lakh diesel cars a year.
5. Ashok Leyland
Pandit Jawaharlal Nehru, India’s first Prime Minister persuaded Raghunandan Saran, an industrialist, to enter automotive manufacture. In 1948, Ashok Motors was set up in what was then Madras, for the assembly of Austin Cars. The Company’s destiny and the name changed soon with equity participation by British Leyland and Ashok Leyland commenced the manufacture of commercial vehicles in 1955.
At present Ashok Leyland is the flagship company of the Hinduja Group. The company is one of the largest commercial vehicle manufacturer brands in India. Working as a franchise not only will give you financial security but also part of a family of a prestigious Indian brand.
6. Exppress Car Wash
Exppress Car Wash is a brainchild of Manmachine Group, the most successful organization in professional mechanized cleaning solutions and services. In a drive to revolutionize the concept of car cleaning in the country and create a Clean Car Culture, Express Car Wash is being launched.
7. CARZSPA India
Carz Spa is a professional car detailing center, dedicated to Automobile Beautification and Preservation. Carz Spa does the extensive cleaning of the exterior & interior of the car and makes it a germ-free car.
Autozspa Autozspa is a professionally managed mechanized cleaning solutions and service provider for cars and vehicles. The company applies advanced technology to car cleaning services. The company is based in Surat.
9. Speed Car Wash
Speed Car Wash a concept developed by LIV INDIA to organize the Car Cleaning segment to give the community a new definition of car care and detailing services that are not professionally followed in India. Based at Delhi their endeavor is to spread awareness amongst car users about the Clean Car Culture & Car Hygiene.
10. BSA Cycles
TI Cycles is India’s leading bicycle manufacturer and the makers of the famous BSA and Hercules brands. For more than 60 years they have practically created and perfected every new bicycle category in India. BSA and Hercules have been awarded the ‘Consumer Super Brand’ status by Superbrands India for the year 2011-2012. Joining a host of other super brands, BSA and Hercules have been identified as those brands which have maintained the highest standards of product integrity and brand development.
Finally, it is worthwhile to mention that before buying an automotive franchise business, check whether you enjoy automobile-related activities or not. Passion for automobiles is a must to run a profitable business.