Do you want to start an automotive business? Find here a list of top automobile franchise business 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 USD2500 by 2022.
The automobile industry in India is in the growth model. If you are passionate about vehicles, this is the industry to be in.
There are many ways you can start an automobile business. Some of the popular categories are a car dealership, two-wheeler dealership, spare parts retail store, car wash & care services, car rental, etc.
17 Automobile 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. The 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. Hero Moto Corp is looking for financially sound and committed automobile franchise partners for expanding their business.
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 in 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 and looking for automobile franchise partners.
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 ’60s, 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 their 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 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 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 manufacturing. 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. 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 is dedicated to protecting the car’s showroom finish for a classy clean and the environment for a brighter future through utilizing a unique chemical-free, steam cleaning process. And as a car wash franchise, we provide others with the opportunity to achieve financial independence while creating jobs.
8. 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 has 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.
9. Exppress Car Wash
Express Car Wash is the brainchild of Manmachine Group, the most successful organization in professional mechanized cleaning solutions and services. The company offers a unique mechanized car cleaning process. Express Car Wash is looking for franchise partners pan India.
10. Speed Car Wash
Speed car wash is a unique mechanized car cleaning concept designed and developed by LIV INDIA to organize the car cleaning segment. The endeavor is to spread awareness among car users about the clean car culture & car hygiene.
11. 3M Car Care
3M Car Care is the market leader in the Car Care segment. They are spread across over 25 cities with more than 80 stores across India. 3M Car Care is the market leader with more than 55% market share. 3M Car Care operates three different formats of car detailing services. They are 3M Car Care Standalone stores, 3M Car Care Mobile Detailing Units, and 3M Car Care Fuel Station Outlets.
12. Detailing Devils Pte Ltd
If you are interested in starting a car detailing business, then you can consider buying this franchise. Detailing Devils is an exclusive automobile detailing center that aims to protect an automobile’s shine and glory through effective detailing services using world-class products. The business demands an investment capacity of Rupees 30 to 50 Lac.
ALIEN is an evolution that emerged from the Global and Glorious Group of Companies. The company has launched India’s first Android base Car Infotainment System where Innovation is Incorporated into Entertainment. This distribution business demands an of Rupees 20 to 30 Lac.
GREAVES AUTOCARE’ is a single-point service solution to all Brand three-wheeler vehicles regardless of fuel type and model. Basically, the availability of High-quality Parts and skilled Mechanics ensures the best customer service. Opening a Greaves franchise demands a retail space of 1500 to 3000 Sq Ft and an investment of Rupees 5 to 10 Lac.
15. Bike Studio By La Sovereign
LA Sovereign Bicycles Pvt Ltd. was established in 2006. Actually, it is a first-ever joint venture between Thailand & India-based companies to market Bicycles & kids toys of very high quality & world-class designs to Indian consumers. The business demands an investment of Rupees 20 to 30 Lac.
DOMON’s’ is one of a kind after-sales superbike (200 Cc to 500 Cc,600 Cc and above) servicing center. The brand caters to motorcycle enthusiasts who own bikes above 600CC and provides a multi-brand platform and gives a holistic product and service approach. In starting this automobile franchise distribution business, you will need to have a space of 2000 to 4000 Sq Ft and an investment of Rupees 30 to 50 Lac.
SparesHub brand is promoted by Iradium Automobile Private Limited. If you are looking for an automotive spare parts franchise, SpareHub can be an ideal option for you. The initial startup investment is around Rs 5 Lacs and the area requirement is within 500 Sq. ft
Finally, it is worthwhile to mention that before buying an automobile distribution business, check whether you enjoy automobile-related activities or not. Passion for automobiles is a must to run a profitable business.
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Editorial Staff at NextWhatBusiness is a team of Business Consultants having years of experience in small and medium scale businesses.