Top 12 Automobile Franchise Opportunities in India
The automobile industry in India is experiencing rapid growth, and it presents numerous franchise opportunities for entrepreneurs looking to invest in this sector. From car service centers to vehicle accessories, the automobile sector offers a wide range of franchise options. In this article, we will explore the top automobile franchise opportunities in India.
There are many ways you can start an automobile business. Some of the popular categories are car dealerships, two-wheeler dealerships, spare parts retail stores, car wash & care services, car rentals, etc.
Table of Contents
12 Automobile Franchise in India
1. Hero Moto Corp Dealership
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 dealer partners to expand its business.
- Founded In: 1984
- Initial Investment Required: Rs. 50 Lacs to Rs. 1 Crore
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 Mahindra Group. It specializes in buying, selling, and exchanging certified used cars. With its strong presence and reputation in the market, the Mahindra First Choice Wheels franchise is an attractive option for aspiring entrepreneurs. The company is aggressively looking at expanding its network in all major cities through its formats of Superstores & Franchise Stores.
- Founded In: 1946
- Initial Investment Required: Rs. 50 Lacs to Rs. 1 Crore
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 that it changed course and turned to tread rubber manufacturing. Thus began its glorious reign as the undisputed leader in the tyre manufacturing industry. The company is now present across 65 different countries. MRF Tyres provide one of the most rewarding and profitable automobile franchise opportunities in India.
- Founded In: 1946
- Initial Investment Required: Rs. 30 Lacs to Rs. 50 Lacs
4. Maruti Suzuki Dealership
Maruti Suzuki Dealership is one of the most sought-after franchise opportunities in the automobile sector. As India’s largest car manufacturer, Maruti Suzuki offers a comprehensive range of cars known for their reliability and quality. Becoming a Maruti Suzuki dealer offers entrepreneurs a chance to be part of a trusted and established brand. Maruti Suzuki dealership provides a range of benefits, including brand recognition, marketing support, and access to the latest models.
- Founded In: 1982
- Initial Investment Required: Rs. 50 Lacs to Rs. 1 Crore
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. 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.
- Founded In: 1948
- Initial Investment Required: Rs. 35 Lacs to Rs. 50 Lacs
6. CarzSpa
CarzSpa is a professional car detailing and cleaning service franchise. It offers a range of services, including exterior polishing, interior cleaning, and protection treatments. The company is operating 90-plus studios across Tier-1, Tier-2, and Tier-3 cities in India. CarzSpa franchise provides a low-cost entry into the automobile sector, making it an attractive option for many entrepreneurs.
- Founded In: 2006
- Initial Investment Required: Rs. 20 Lacs to Rs. 30 Lacs
7. 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.
- Founded In: 2008
- Initial Investment Required: Rs. 20 Lacs- 30 Lacs
8. 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. It is one of the largest car cleaning franchises in India. It offers a range of car cleaning services, including exterior and interior cleaning, waxing, and polishing. With its focus on providing quick and efficient service, Speed Car Wash franchise is a popular choice among entrepreneurs.
- Founded In: 2011
- Initial Investment Required: Rs. 15 Lacs to Rs. 20 Lacs
9. 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. There are 3M Car Care Standalone stores, 3M Car Care Mobile Detailing Units, and 3M Car Care Fuel Station Outlets.
- Founded In: 2007
- Initial Investment Required: Rs. 30 Lacs – 50 Lacs
10. GoMechanic
GoMechanic is a technology-enabled multi-brand car service network that provides customers with a wide range of car services. It includes regular maintenance, repairs, and more. You can partner with the company as a repair workshop partner or a spare parts dealer. GoMechanic franchise offers a promising opportunity for those interested in the automobile service sector.
- Founded In: 2016
- Initial Investment Required: Rs 20 Lacs to Rs. 1 Cr
11. Zoomcar
Zoomcar is India’s leading self-drive car rental service. It offers customers the freedom to rent cars by the hour, day, week, or month. With its user-friendly app and wide range of vehicle options, Zoomcar franchise presents a promising opportunity for entrepreneurs looking to enter the automobile sector.
- Founded In: 2013
- Initial Investment Required: Rs. 30 Lacs – 50 Lacs
12. Pit Stop
Pit Stop is a doorstep car service provider that offers a range of car maintenance and repair services. With its convenient service model, the Pit Stop franchise is an attractive option for entrepreneurs looking to enter the automobile service sector.
- Founded In: 2015
- Initial Investment Required: Rs. 20 Lacs – Rs. 30 Lacs
Read: Best Car Detailing Franchise in India
Frequently Asked Questions
What are the requirements to start an automobile franchise in India?
To start an automobile franchise in India, you will need to fulfill certain requirements, such as having a suitable location, adequate investment capital, and meeting the franchisor’s criteria.
How much does it cost to start an automobile franchise in India?
The cost of starting an automobile franchise in India varies depending on the brand and the type of franchise. It can range from a few lakhs to several crores.
What support can I expect from the franchisor?
Franchisors typically provide support in various areas, including training, marketing, site selection, and ongoing operational support.
What are the ongoing fees associated with an automobile franchise?
Ongoing fees may include royalty fees, marketing fees, and other charges. It’s essential to understand all the costs involved before signing the franchise agreement.
How long does it take to set up an automobile franchise?
The time required to set up an automobile franchise can vary depending on factors such as location, permits, and construction. Typically, it can take several weeks to several months to launch a new franchise.
Can I operate an automobile franchise as a part-time business?
Most automobile franchises require full-time commitment and involvement. However, some service-oriented franchises might offer flexibility in terms of operating hours.
What are the most profitable automobile franchise opportunities in India?
While the profitability of an automobile franchise depends on various factors, Maruti Suzuki Dealership, Mahindra First Choice Wheels, and GoMechanic are considered some of the most profitable automobile franchise opportunities in India.
Is prior experience in the automobile industry necessary to start a franchise?
While prior experience in the automobile industry is beneficial, it is not always necessary. Many franchisors provide training and support to help new franchisees understand the business.
How do I choose the right automobile franchise?
When choosing the right automobile franchise, consider factors such as brand reputation, investment required, ongoing support, and market demand in your area.
Are there any financing options available to help me start an automobile franchise?
Some franchisors offer financing options or have tie-ups with financial institutions to help potential franchisees secure funding. It’s essential to inquire about financing options during the initial discussions.
