Profitable Education Business Ideas to Start in India in 2023

 The Indian education system is one of the best in the world. This sector accounts for more than 115 Billion US Dollars and is assessed to grow to 225 billion USD by 2025. The industry is enormous and you have ample business opportunities to explore in this field.

The education sector provides one of the highest job opportunities to people consisting of teaching, non-teaching, and support staff. Around 3 crore people are employed in this field.

The education industry is at its peak and Covid-19 has also been a boon to this sector by providing digital schooling to students. Investing in the education business is profitable in the long run because it has no adverse impact due to a pandemic or market fluctuations with no decrease in demand.

Demand for the education industry is growing rapidly. What are the best education business ideas in India in 2023?

Below is the list of the 5 best education business propositions in India for a favourable future.

●    Online teaching- Tutoring is one of the most profitable jobs in the field of education. You need to be an expert in the particular subject so that your clients trust you enough to mentor the children. The fees charged are also decided by you.

●    Computer Training- In today’s technology-led world, everyone wants to be well-versed in computers. A person wants to have a basic knowledge of computers because even the banking and billing process has turned computerized.

Computer coachings are in high demand recently and you need to have a space to start this business which is added to the investment. You should remember that it is a profitable business in the long run.

●    Play school franchises- Preschools have recently seen a great surge in their demands. Parents are sending their kids to school at an early age to have holistic development from the beginning. Investing in a reputed play school franchise is a business idea with great returns in the long run.

●    Thesis making-  If you are proficient in academic writing, you can help students with their thesis. Most of the students find it monotonous and tiring, ready to pay to get it completed within a given time. You can also open a thesis-making service store which is profitable in the long run and you earn a satisfactory income.

●    Educational app- You can create an educational app like e-dictionary, language learning, or video learning education if you are a programmer. This has become one of the necessities and educational apps are high in demand. Byjus is one of the best educational apps which provides help to school students as well as prepare students for competitive exams like NEET, CAT, IIT-JEE and IAS.

 See more: Top 10 education franchise in India

 

What are the best education franchises in India?

5 best education franchises in India are:

●    IBT Institute Pvt Ltd- It is a premier coaching which prepares students for competitive exams. This has more than 100 institutes across India.

Initial investment: INR 2-5 lakhs

Area required: 800 to 1,500 sq. ft.

●    Twin Win Academy- It is a training establishment that coaches students on life management, personality development, career counselling, innovation, interview skills, and confidence skills.

Initial investment: INR 2-5 lakhs

Area required: 300 to 1,000 sq. ft.

●    Vedant International School- It is a school to provide good education to students with the latest technology.

Initial investment: INR 2-5 lakhs

Area required: 1,000 to 1,500 sq. ft.

●    Prerna Education Services- They provide quality education to students and take out their best skills to work. They make the students productive with their talents rather than letting them go to waste. They are based on theoretical teaching.

Initial investment: INR 10-20 lakhs

Area required: 1,200 to 1,800 sq. ft.

●    Junior Engineers: They provide more than basic education on maths and science to kids. They use practical and creative methods for the better future of kids with set skills of the 21st century like problem-solving, curiosity, leadership, decision-making and acceptance of failure, and entrepreneurship.

Initial investment: INR 10-15 lakhs

Area required: 750 to 1,000 sq. ft.

 

Significant Factors that have impacted the growth of educational franchises in India.

India has seen a significant surge in demand for educational franchises. Some of the factors for the growth of educational franchises are:

1.  High Success rate- School is a necessity and cannot be cut off even during a recession. Demand for education did not stop even during the pandemic and students opting for online tutoring.

2.  Reputed brand name- By investing in an established education franchise you already have a strong customer base. Parents are ready to send their kids to school due to its credibility.

3.  Franchisor’s support- You receive full assistance from the franchisor to operate your school. They help you in generating a school's curriculum and syllabus that is beneficial for the kids. They also provide training and workshops to faculty members.

4.  High-profit returns- You will receive great profits and less financial risk if you get a licence from a renowned brand. You also don’t need to pay for marketing as the brand is already well-established.

5.  Quality education- The franchisor will ensure that you have qualified teachers who provide the best education to students.

6.  Trained administrative members- They provide training to the administrative members so that the school operations run smoothly and management is up to the mark.

 

According to an article by The Times of India, the education franchise business is particularly attracting businessmen due to the high demand for quality education. According to research, there are around 26 crores students in Indian schools and the figure is estimated to increase to 30 crores by 2030.

It further states that although people think that running a school franchise has limitations, it is not the case. You can easily get loans approved by the banks because the education franchise has its balance sheet and investment requirements prepared already. The franchisee also has the freedom to choose their business partners, if any, along with other decisions for the school.

 

What is the top education franchise in India?

Education franchise is high in demand in India but furthermore, play school requirement is increasing drastically. People are wanting to send their kids to school from an early age for their overall development. Parents feel that children can grasp and learn things quickly till the early age of 6 and their emotional and physical development is finest at that age.

 

One of the finest play schools in India is EuroKids. As per APN news, EuroKids is one of India’s popular preschool franchises and has acquired several awards namely,

●    Asia’s Most trusted Preschool Brand 2023

●    Indo-Global Entrepreneurship Forum 2023

●    Best Preschool Education in Asia

●    Best Franchisor of the Year 2022

●    Bengaluru’s best Preschool of the Year 2022

EuroKids has been recognised for its remarkable educational activities, dedication to children’s education, business awareness and business franchise growth across India.

EuroKids’ motto is ‘Child First, Safety First’ and they guarantee that they provide a comfortable environment for the child to Learn, Play and Grow and inculcate necessary life skills. EuroKids has inaugurated a progressive and knowledgeable curriculum letting go of traditional teaching methods- EUNOIA.

They have also introduced its HomeBuddy app that assists parents so that they can be a part of their child’s learning experience. The app is a gold mine of content that offers additional learning apart from the class work. The app features Yoga kids and Eurofit videos, weekly learning plans, DIY activities, worksheets, audio-visuals, Euromusic videos, Read Along stories, live classes and parents corner.

K V S Seshasai, CEO of the Pre-k division of lighthouse learning expressed his joy at bagging so many awards.

He also thanked the teachers, faculty members, franchise staff and everyone who worked hard to ensure that the learning never stopped for the kids. He further added that their motto ‘Child First’ has helped them to let go of the conventional teaching methods and new creative ideas were brought about to make learning fun.

 

What is an education franchise business model?

An education franchise business model refers to an agreement signed by the franchisor and franchisee. Ambitious franchisees obtain the right function under the brand name of an established franchisor for running a quality school according to their rules and regulations.

Conclusion

An education franchise business is one of the best options to invest in if you want to follow your entrepreneurial dreams. It is better to take up a franchise rather than start your own business as it decreases the risk of losses.

The demand for educational franchises is high because it helps in shaping a better future for children. The combination of evolving market demand for educational franchises with verified business models of the franchise has led to its successful outcome. You also don’t require a certificate in the educational background to buy the franchise, you just need to have leadership and managerial skills to succeed.

In the end, it is very important for you to do market research before buying an education franchise business and know which brand will benefit you in the long run.

A unique Beverage Franchise Opportunity with Shake Shook

The food and beverage industry are undoubtedly the most profitable business sector in India, in the present day. The beverage industry of India has been revolutionized with the coming of several experimental, unique and exclusive brands. If you devise a proper plan after analyzing all the prospects and promises in this field, a beverage franchise can bring you unimaginable profit.

      

While going through the best beverage franchise opportunities in India in 2023, Shake Shook is a brand you can never afford to miss. They are fully chemical-free and eco-friendly. Shake Shook is best known for their product quality and exceptional service. They are a brand that focuses excessively on health and thus offers customers a range of extremely healthy and delicious milkshakes made from high-quality raw ingredients founded by a diligent businessman, Abhishek Tripathy, with its first outlet in Gurdaspur in the year 2015.

 

Why is Shake Shook unique?

 

Shake Shook is unique because the brand serves products that are of top quality. They serve freshly prepared milkshakes and cold coffee varieties. The most important factor is that their milkshakes are completely oil-free. Excellent taste, without a compromise in the quality, makes this brand stand out among other shake parlors around India. The cold drinks they serve contain no added colors or preservatives and are extremely rich in nutrients. In addition to that, they also provide the customers an option to customize their shakes! 

 

Products and services

 

Shake Shook brings to you a delicious range of good quality shakes made from real milk and fruits of the best quality. Their products include classy shakes, fruity shakes, royal shakes, mixed shakes, cake shakes, brownie shakes, and much more. They also offer a premium variety of pie shakes and protein shakes. Apart from the collection of milkshakes, Shake Shook also has different flavors of cold coffee, iced tea, lemonades, ice cream soda, and hot chocolate.

 

Why should you invest in a Shake Shook franchise?

 

The first and foremost reason would be the rapid growth and expansion that is happening in the food and beverage business in India. Shake Shook is one of the best food and beverage franchises in India. The brand is planning a nationwide expansion of its company and thus provides ample opportunities in the field of franchising to interested entrepreneurs. Shake Shook guarantees to provide great business support to its franchisees. The company will assist in maintaining the business and conducting training at its headquarters. They also provide detailed operating manuals to the partners, which makes it a popular drink franchise in India.

 

Franchise details

 

* The Shake Shook franchise cost ranges between 9 lakhs to 10 lakhs rupees.

 

*The franchise fee or brand fee is 3 lakhs rupees.

 

* The area required to open a Shake Shook franchise in India ranges between 200 to 500 sq. ft.

 

* The company is planning to open numerous outlets all over North India.

 

* Currently the number of Shake Shook outlets is around 10.

  

The first step before investing in a business franchise is to analyze the advantages and disadvantages of franchising. FranchiseBazar offers excellent guidance in evaluating your chances of profit. The well-qualified professionals at franchiseBazaar can help you figure out the best food and beverage franchise in India, from the latest franchise opportunities that are available. To know more about the best franchise opportunities in India, 2023, do check out the official website of FranchiseBazaar or contact us: +91 98444 43200. We will get in touch with you and assist you throughout your business journey. 

For more detail about visit us .

Startup Home-Based Business Ideas in India for Women

 

Despite the pandemic, women's franchises have been evolving.  This is a segment which has been constantly adding new services and products.  Nonetheless, women have been entering the workforce and achieving good results in business.

 

Franchise opportunities from designing and selling jewellery to opening a café or small school, women franchisors have tried to tap into every industry.

 

But many Indian women hunt for growing opportunities in home-based businesses, so they can balance their personal life while making an extra income at the same time.  Let’s read this article to find out some of the best 5 Startup Home-Based Business Ideas in India for Women.

 

Home Boutiques

 

Every person today is following the latest trends and designs. Clothing boutiques are thus an evergreen industry. This is a lucrative business for budding women entrepreneurs.  Nonetheless, this segment has large profit margins, and there is an ever-growing demand for make-to-fit dresses.

 

Playschools and Childcare Business

 

A unique business and a valued service offered to working parents and families, this only requires a small set-up, small investment, and a franchise brand.

 

Catering and Food Business

 

People are looking for reliable, healthy, and hygienic home food sources because of the pandemic fear.  So starting with low investment and a few workers, this is a profitable business.  This is the best idea to lunch your own catering and food business if you are passionate about cooking healthy and delicious food.

 

Gardening / Balcony Gardening Services

 

If you are interested in gardening and have a good knowledge of growing and decorating plants, this is an ideal business idea for you.  You can offer a wide variety of gardening services, and balcony decorating services which are widely trending today, gaining you significant profits right away.

 

Zumba and Yoga Centres

 

Today living a healthy lifestyle has become very important and running a Zumba or yoga centre in combination can prove to be a successful business idea gaining you immediate profits.

 

We have already looked at some of the 5 best startup business ideas in India for women, but alongside we will also share some of the top best women franchise businesses in India.  These are segments in which women are also scaling their dreams towards profitability.

 

1.    Hello Kids – India’s fastest-growing chain of pre-schools, has a unique concept where children grow and develop while reading, listening and playing.  Owning this franchise will get you continued support and guidance in every possible manner.

2.    Iceberg Ice Creams – One of the best-tasting brands in India, founded in 2012, has grown considerably in the last few years.  Their belief is quality, variety and accessibility at a higher level.

3.    Choco Wanka – It is India’s first and unique flavoured chocolate café/outlet.  It specializes in custom-made chocolates and flavoured chocolates.  They have a base in Singapore as well.

4.    Leela’s Studio – A design studio which designs and develops products that are handcrafted.  Leela, literally means imagination and their belief is to reach out to the sensitive minds of the craftspeople and take their craft forward.

5.    Trylo Intimates – One of the renowned brands in the lingerie segment in India.  They are identified for their quality products and stand true to the statement, of inner luxury. 

 

The Bottom Line

 

If you are a woman looking to balance your personal life with a little extra income, reach out to our experts, who can guide you on many such aspiring business opportunities in India.  We @FranchiseBazar, cater to all your requirements enabling you to access the top franchise opportunities in India.

 

For more franchises - Register with us or call us at +91 9844443200.

Interested in Starting a Business Overseas? Keep These 6 Things in Mind.

Starting a business in a foreign country may be easier than you think, as long as you keep six things in mind when planning your venture.

 

Taking advantage of market anomalies in distant parts of the world used to entail sailing across oceans, battling storms, and contracting deadly diseases, but these days, starting a business overseas may be much easier, less risky, and more financially sound than starting a business in your home country.

 

In emerging markets, there are numerous Franchise business opportunities for entrepreneurs and small (or large) business owners with skill sets that differ from the local population. The six key elements to consider when starting a business are as follows.

 

1.     Political Climate and Property Rights

 

Some countries around the world have a history of seizing foreigners' property and/or businesses. You should probably avoid visiting those countries. Others have impeccable records, solid property rights, and complete access for foreigners. Finding a jurisdiction with the least amount of political risk is critical. An index of international property rights can be very useful in this regard.

 

2.    Economic Situation

 

Countries with low debt-to-GDP ratios, low or declining unemployment, and strong consumer spending are usually good bets. Positive indicators include a growing middle class, low inflation, and rising incomes. It is certainly possible to establish a profitable business in a country with a stagnant economy, but it may be a difficult task.

 

3.    Your Personal Knowledge of the Industry

 

It is not always necessary to be an expert in the industry you wish to enter, but keep in mind that bringing in managerial help will increase your start-up costs. Working with a reliable local who already has experience and contacts in a particular industry can significantly increase your chances of success. Finding situations where you can contribute skills (rather than just start-up capital) is usually preferable.

 

4.    Market Research

 

You should devote significant time, energy, and capital to analysing local spending habits, as well as how much time, energy, and capital will be devoted to marketing your products or services. Before investing large sums of money, set up a trial run or conduct surveys if possible. Don't overlook how much you'll have to pay employees or the country's work habits.

 

5.    Language Barriers

 

This may not be a problem if your company caters to other foreigners. However, being able to communicate easily with the local population will make launching your venture much easier. If you are not fluent in the language of your target country, try to avoid paying for translation services except for the most critical procedures (such as revising contracts and/or the business constitution, if applicable). In most cases, hiring a translator will significantly increase your costs. Instead, look for a bilingual individual you can hire on a weekly or monthly basis, someone who can help with the language when needed but will also be useful for general business tasks.

 

6.    The Incorporation Process

 

The International Finance Corporation and the World Bank have created a fantastic page that compares the costs, amount of time, and number of procedures involved in forming a business in 183 countries worldwide. The page is intended for businesses with between 10 and 50 employees, but it can be useful for both smaller and larger operations.

 

Some examples:

 

●       In New Zealand, you can start a business in one day with very little paperwork (two days in Australia).

●       In Panama and Chile, establishing a business requires six or seven procedures and can be completed in less than two weeks.

●       The process in Portugal can take as little as five days and involve as few as five procedures, but the country's overall economic prospects are not promising.

●       Setting up a business in Singapore and Hong Kong involves three procedures that can be completed in three days. Opportunities exist, but depending on your type of business, startup costs may be prohibitively expensive.

 

Spending tens of thousands of dollars on a business degree or MBA isn't the only way to prepare for opening and running a business in another country. While studying business can be beneficial, the years you spend in the classroom can also be productive, income-generating years if you choose your market and jurisdiction wisely.

 

Starting your own business overseas will undoubtedly necessitate diligence and careful consideration of the six factors listed above, but with less than $1,000 USD (and even less than $100 USD in some places), becoming your own boss may not be as difficult as you think.

 

If you want to start your business overseas, it can help you with that. So, what are you waiting for? Get in touch with us today!

Why the franchising business could be the Indian Economy's Shining Star

The franchise business is witnessing tremendous growth and is thriving with opportunities.  It is a wise decision for the franchise if a proper strategy is in place.  India is a hot spot for many multinational companies who are looking to foray into this India Market.  Entrepreneurs are not missing this opportunity to increase their profits by taking franchises of well-known brands.  This sector is a collaboration of everything from food to clothing.

 

Furthermore, franchise India has witnessed a growth of 30-35% over the last few years and is estimated to keep growing, as more and more entrepreneurs are moving towards franchising opportunities in India.  Having one of the fastest-growing economies in the world, there is a lot of potential in the franchise business.  This growing trend is leading to an avenue of job opportunities across many sectors in India.

 

Why Entrepreneurs are choosing Franchising Businesses in India?

 

Entrepreneurs are opting for well-known franchising businesses because the main reason, they are already established and have an existing business model, which makes it simpler for them rather than starting from scratch.  Thus, just with a few formalities in place, entrepreneurs prefer to operate and function as franchisees of already establishes franchisors.

 

When stepping into these business models, entrepreneurs tend to save a lot of money as the portion of sale and promotion of products and services is not very extensive.  Nonetheless, franchisers give full training on how to operate the business with a set of SOPs.  Not to forget, acquiring finance for a franchise is much easier because the banks have a history of the existing business and performance.

 

What does Franchising Entail?

 

Companies who want to grow and diversify their business at an optimal cost, opt for the franchising business model, which gives them the benefit of reaching out to a wider sector of customers across the country.  Under this business model, companies authorize entrepreneurs to sell or distribute their products or services under mutual terms listed in the legal documents.

 

This, in turn, helps in earning good profits.  Training and assistance in marketing are also part of the terms provided by the franchiser.

 

Why Choose FranchiseBazar to FranchiseYour Business

 

Franchisebazar brings a more useful meaning to the concept of franchise expansion across India, where we educate companies about the different types of franchise models, franchising consulting in India, and how it is a joyous feeling, to get expansion across the globe.

 

 

FranchiseBazar helps budding entrepreneurs get to choose from the latest franchising opportunities in India, in various investment ranges.  Having been rated as the best franchise website in India, we keep updating our sites with the best businesses to start in India which are highly profitable.

 

Our team of consultants with this expertise can guide you on which business is best to start in India, based on your skills, investment level, and interests. 

 

Nonetheless, we allow you to sign up as the first from your city to own a franchisebazar franchise in India.  Business owners come forward to us, seeking franchise development services in India.  We guide you on how to franchise your business, and how to give franchise your business in India, along with sample templates of the necessary process.

 

So, if you are a franchisor, or a brand, and what to sign up for a franchisebazar franchise in your city in India, or want to give your business to a franchise in India, schedule an appointment today to get the best guidance and consultation.

ZICA Expands it Animation Franchise Portfolio and Looks at expanding its education training franchise agressively

With the demand for animators growing in India, Zee Institute of Creative Arts (ZICA), a Zee Network company, is in the expansion mode.

The company is all set to open 35 more franchises by the end of this year across the country. "Our assessment shows there is demand for nearly 300,000 animators in the country by 2013. Keeping this in mind, we are opening nearly 35 more franchises in the country," said Atul Sharma Regional Marketing Manager of the company.

After opening its centres in major cities, ZICA, a classical and digital training institute in animation, is now expanding in tier-II cities like Dehra Dun.

The company, which is presently running nearly 28 franchises in India, has also opened its first centre in Dehra Dun to start 12 courses offering degrees, diplomas and certificates in 2D and 3D animation, visual effects and gaming.

Tags:ZICA, Zee Institute Of Creative Arts, Zee Franchise, animation franchise, atul sharma, training institute franchise, Training Franchise,3d animation franchise, Gaming Franchise.

This Blog/Information/News Item/Press Release has been posted by Sparkleminds, A Franchise Consulting Company Based at Bangalore,India, Offering Complete Franchise Solutions Nationally and Internationally for more than a decade now.Visit www.sparkleminds.com for more details.

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Using China Business Strategy To Grow Business In India: Adopting Different Country Learnings

With the world globalizing and inter-country collobaration is on its highest ever there are learnings that are transfered from one region to the other.When multinational brands entered and tried to conquer market share in the Middle Kingdom 20 years ago, they encountered the same problems they face in India now – how does one market effectively to such a diverse market, where statistics are unreliable and tastes change often, yet sell in a value driven economy? In lieu of encountering a similar market in the same region with alike issues, many companies are replicating best management practices adopted successfully in China in the Indian market.

With economic and cultural similarities and purchasing decisions aligned, marketing managers across multinational companies are bringing their best marketing and distribution ideas tried and tested in China to India.  Take Coca Cola for example, known for its revolutionary, fierce and strong branding, the company recently asked its independent franchisee bottlers in India to weigh a new distribution and manufacturing model it follows in China. The new model involves pooling investments and setting up common manufacturing capacities, and would mainly be for non-carbonated drinks. The Atlanta-based beverage maker’s top brass discussed benefits of shared resources and pooling investments with its franchisee bottlers last month in Shanghai, China

Under the proposal, independent bottlers would split their investments and share the returns equally among themselves. As bottling investments take about five-six years to bring returns, the move would help the bottlers in freeing large amount of money, a model that is expected to work in nations like China and India where distribution of aerated drinks in a problem and large investments are hard to come by.

Hence it is interested to see how these new strategies define the way businesses are transacted in the coming times in these developing countries and how these business expansion strategies, will unfold in the coming times.

Tags:Business Strategy, Expand Business, Grow Business, Business Consultants, franchise consultants, how to expand business, business expansion strategies, franchise recruitment, franchise development,

This Blog/Information/News Item/Press Release has been posted by Sparkleminds, A Franchise Consulting Company Based at Bangalore,India, Offering Complete Franchise Solutions Nationally and Internationally for more than a decade now.Visit www.sparkleminds.com for more details.

Amul Slows Down On Its Franchise Expansion Of Retail Outlets Over Last Fiscal

Utterly Butterly Slowly

The Amul girl seems to have slowed down. The aggressive retail expansion drive launched by the Gujarat Co-operative Milk Marketing Federation (GCMMF), which owns and markets the Amul and Sagar brand of milk and milk products, has lost momentum.

Amul could add only 700-800 retail parlours in fiscal 2009-10, which was a marked slowdown from the previous year’s addition of 2,000 outlets. As a result, the total number of operational Amul Preferred Outlets (APO) is only 5,000, which is exactly half the original target of having 10,000 retail outlets.

The target was set by GCMMF Chairman Parthi Bhatol while addressing Amul’s 35th annual general meeting. "Taking a cue from the success of our parlours, we plan to add 6,000 more such outlets by the end of 2009-10, taking the total tally to 10,000", Bhatol had said. What Amul finally achieved in the financial year was a shade over 10 per cent of that target.

The ambitious expansion plan was triggered by the rapid addition of 2,000 retail outlets in FY 2008-09. Amul had a total of 4,300 operational retail parlours in 2008-09.

"The retail expansion has slowed down," says a GCMMF board member, who did not want to be quoted.

An email sent to GCMMF seeking reasons for the slowing down of retail expansion remained unanswered, but an executive says the expansion was hampered by the general economic downturn in 2009-10.

Though it has missed its original target by a long shot, Amul seems to be satisfied with the progress. "It is not just a number game. Setting up a network of 10,000 outlets is a mammoth task. Amul added two outlets every day across the country, while others were closing down their retail stores in 2009-10 in the wake of the recession," the official says.

The parlours are run on franchise-based model and GCMMF says the recessionary phase in 2009-10 led to a decline in the investment appetite of its franchise partners.

In order to rapidly increase the number of its retail outlets, Amul had identified locations such as railways, airports and posh areas in major cities. "Rolling out retail parlours at railway stations requires specific approvals and sometimes the launch gets affected due to delays in receiving approvals," Bhatol says. Amul currently has around 150 retail stalls at various railway stations across the country and had planned to add 300 more in 2009-10.

Amul officials also maintain that setting up scooping parlours, which sell Amul ice-cream, in posh areas of Mumbai, Delhi and other metros is time-consuming as it is difficult to find suitable locations at affordable prices in these cities. GCMMF at present operates 400 such parlours across India.

The slow pace of expansion, however, has not affected the performance of the company. Revenue from retail operations surged to Rs 300 crore in 2009-10 from Rs 200 crore and Rs 107 crore in 2008-09 and 2007-08 respectively.

Amul, say officials, is back into the growth mode this year and would have 10,000 outlets by the end of fiscal 2010-11. "So far, we have approved 6,381 retail outlets, of which 5,000 are operational and the rest will soon start working," the official says.

What may help is the fact that the long uncertainty following the battle for power at GCMMF has finally ended, as the move to replace Bhatol as chairman was defeated late last month. A board meeting, called to decide on a no-confidence motion against Bhatol, was cancelled after all the 13 board members except Bhatol stayed away. Ten board members had issued the motion, claiming they had lost faith in Bhatol’s leadership, but did not vote against him when the time came.

The Rs 8,000 crore cooperative has at least three million members from 12,000 villages across the state. Bhatol became its chairman in 2006 after then board members, including him, passed a no-confidence motion against founder-chairman Verghese Kurien

Tags:Amul Franchise, Sagar Franchise, Amul Preferred Outlets,(APO), Parthi Bhatol, GCMMF, franchise-based model, railway station franchise, Amul Ice Cream Franchise,Verghese Kurien, Dairy Franchise,

Source: Sify Finance, Kalpesh Damor ,2010-09-06 00:50:00


This Blog/Information/News Item/Press Release has been posted by Sparkleminds, A Franchise Consulting Company Based at Bangalore,India, Offering Complete Franchise Solutions Nationally and Internationally for more than a decade now.Visit www.sparkleminds.com for more details.

Pizza Hut Franchise Named The Most Trusted Food Service Brand by Economic Times (India) Brand Equity For 2010

KFC India Receives Recognition in Top Food Service Brands

LOUISVILLE, Ky. -(// BUSINESS WIRE //)- The Economic Times' (India) Brand Equity Most Trusted Brands 2010 annual survey has named Pizza Hut the "Most Trusted Food Service Brand' in India for the sixth year, ahead of all other Indian and global food service brands. Pizza Hut is also the only restaurant company to place in the Top 20 Service Brands list. KFC India was recognized for the first time by the survey with a spot in the top five of trusted food service brands. Pizza Hut and KFC India are part of Yum! Restaurants International (YRI), a division of Yum! Brands, Inc. (NYSE:YUM), the world's largest restaurant company in terms of system units.

"Congratulations to our entire team in India," said Graham Allan, Chief Executive Officer, Yum! Restaurants International. "To be recognized for the sixth year as the most trusted food service brand is a true testament to our employees and franchisees. Their hard work, passion and professionalism have been instrumental in making Pizza Hut and KFC leaders in the food service rankings. India is an important emerging market for us. Both Pizza Hut and KFC are proving very popular with consumers and we recently introduced Taco Bell to India with a restaurant in Bangalore. We continue to make significant investments in India as part of our plan to capitalize on this large and rapidly growing market of more than 1 billion people," added Allan.

The Brand Equity Most Trusted Brands Survey, which appears in The Economic Times' September 1 edition, ranks the brands that have earned the trust and loyalty of consumers across India. The survey, conducted by ACNielsen's ORG–MARG market research company, asked more than 8,000 participants, across different socio–economic, age, income and geographic backgrounds, various questions in order to determine each company's overall trust score about the brands that consumers believe provide quality, consistency and reassurance.

"We are honored to have our Pizza Hut and KFC brands recognized as the most trusted food service brands in India," said Niren Chaudhary, managing director, Yum! Restaurants International India. "The recognition reflects six years of Pizza Hut's leading reputation in India and consumers' enthusiasm for the Brand and demonstrates how we have successfully developed a strong Pizza Hut and KFC presence, highly skilled workforce and an innovative menu. This honor also recognizes the hard work of our passionate franchisees and Customer Maniacs in our restaurants who help provide outstanding service to our customers daily."

Over the past 12 years, Yum! has become the largest and fastest growing restaurant company in India. As of the second quarter 2010 earnings, the Company had 159 Pizza Huts in 33 cities offering a range of localized products including masala pizza, chicken tikka appetizers and spicy Indian drinks. KFC is the fastest growing quick–service restaurant brand in India with 75 restaurants in 13 cities as of second quarter 2010 earnings. KFC is a young, vibrant brand in India from its contemporary restaurant designs featuring bold colors, open seating areas for large groups and flat–panel televisions to innovative marketing programs to unique signature products, including vegetarian items. The Company also opened the first Taco Bell in India earlier this year. By 2015, the Company forecasts 1,000 KFC, Pizza Hut and Taco Bell restaurants in India, up from 235 restaurants as of second quarter 2010.

YRI, based in Dallas, Texas, is the largest division of Yum! Brands with more than 14,000 restaurants outside the U.S. and China. One of Yum! Brands' four key business strategies is to drive aggressive international expansion and build strong brands everywhere. In 2009, operating profit for YRI was $491 million. The year 2009 also marked the tenth year that YRI has opened more than 900 new restaurants outside the U.S. and China.

Yum! Brands, Inc., based in Louisville, Ky., is the world's largest restaurant company in terms of system restaurants with more than 37,000 restaurants in more than 110 countries and territories. The company is ranked #216 on the Fortune 500 List, with revenues of nearly $11 billion in 2009. Four of the company's restaurant brands – KFC, Pizza Hut, Long John Silver's and Taco Bell – are the global leaders of the chicken, quick–service seafood, pizza and Mexican–style food categories. A&W Restaurants is the longest running quick–service franchise chain in America. Outside the United States, the Yum! Brands system opened more than four new restaurants each day of the year, making it a leader in international retail development. The Company has consistently been recognized for its reward and recognition culture, diversity leadership, community giving, and consistent shareholder returns. In 2007, the Company launched World Hunger Relief, the world's largest private sector hunger relief effort to raise awareness, volunteerism and funds to benefit the United Nations World Food Programme (WFP) and other hunger relief agencies. To date, this effort has raised nearly $60 million for WFP and other hunger relief agencies and is helping to provide approximately 250 million meals, saving the lives of millions of people in remote corners of the world where hunger is most prevalent.

Tags:Pizza Hut Franchise, Graham Allan, Niren Chaudhary, passionate franchisees, KFC Franchise, YRI, Yum Franchises, taco bell franchise, qsr franchise, quick service restaurants franchise.

Source:Business Wire/Press Release on Sep 3, 2010.

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