{"id":8072,"date":"2020-03-28T12:58:17","date_gmt":"2020-03-28T07:28:17","guid":{"rendered":"https:\/\/www.franchisezing.com\/franchise\/?p=8072"},"modified":"2020-03-28T12:58:17","modified_gmt":"2020-03-28T07:28:17","slug":"franchise-automotives-very-own-niche","status":"publish","type":"post","link":"https:\/\/www.franchisezing.com\/franchise\/franchise-automotives-very-own-niche\/","title":{"rendered":"Franchise- Automotive\u2019s Very Own Niche"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.franchisezing.com\/franchise\/wp-content\/uploads\/2020\/03\/aszdfghjcvbm-1024x565.jpg\" alt=\"\" class=\"wp-image-8074\"\/><\/figure>\n\n\n\n<p><strong>Automotive Business&nbsp; <\/strong><\/p>\n\n\n\n<p>Automotive sector is amongst the highest\ncontributor to India\u2019s GDP. It\u2019s presence and appeal are increasing every day,\nnot just from a user\u2019s perspective but also as a business \/ service\nprovider.&nbsp; India\u2019s low car density (24\ncars \/ 1000 persons) compared to Western World, provides ample opportunities to\ngrow this space and when coupled with changing business scenarios in automotive\nsuch as ride sharing \/ ride hailing \/ car leasing there are several untapped\nopportunities that can be cashed-in the next 5-10 years. &nbsp;For example companies like Mobycy, Revv,\nDrivezy, Zoom Car, Ola, Blu Smart,&nbsp; Uber,\nSmart-E. The used cars business in India has also gone organized with companies\nlike Olx, Car24, Mahindra First Choice.<\/p>\n\n\n\n<p><strong>Franchise + Automotive = Opportunity? <\/strong><\/p>\n\n\n\n<p>Franchise business in India, as lucrative it is for the other sectors such as food \/ apparel \/ education etc., is also an interesting and ever-growing space for the automotive industry as well. It attracts people from all realms and the investment is always worth the shot. Franchise opportunities in <strong><a href=\"https:\/\/www.franchisezing.com\/franchise-business-opportunities\/automotive-franchise\/\">automotive sector<\/a><\/strong> of India can largely be classified into the following :<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><strong>Service Driven<\/strong> \u2013 This includes some of the newer trends in automotive such as ride\nhailing \/ ride sharing \/ car leasing where the assets are shared with the\npublic and the conventional one\u2019s such as car wash (both manual &amp;\nautomatic), repair &amp; maintenance centres etc. <\/li><\/ol>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Product Driven<\/strong> \u2013 This includes more capital-intensive businesses such as\ndealerships, spare parts store, used car outlets, auto accessories etc. <\/li><\/ul>\n\n\n\n<p>Both Service Driven &amp; Product Driven\nfranchise opportunities will have the key advantages of a Franchise business\nsuch as <\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><strong>Ease of Operations<\/strong>\u2013 Responsibilities are clearly divided between the Franchisee and\nFranchisor which helps to run the business smoothly and efficiently <\/li><\/ol>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Market opportunity \u2013 <\/strong>Vehicles on road are increasing every day (nearly 8000 new cars\n&amp; 50,000 2Ws are sold every day in India) and this provides ample\nopportunities to serve the users. Also, with the rising ride sharing business\nmodels having tasted the success in the Tier 1\u2019s, they can be expected to\nreplicate the same success in tier II cities \/ villages. <\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Increased profitability\nin aftermarket \u2013 <\/strong>A lot of service driven &amp;\nproduct driven franchise models are increasingly profitable as used car, spare\nparts, auto accessories, car wash etc. OEM services are un-affordable for\nmajority of the people (post warranty) and people are always scouting for a\nreliable after-market brand name for their service-related aspects. This makes\nthe automotive franchise options highly lucrative and profit oriented.<\/li><\/ul>\n\n\n\n<p><strong>Crux <\/strong><\/p>\n\n\n\n<p>From a business perspective, automotive\nsector has always been lucrative and coupled with the franchise model its\nattractiveness has gone further up. The untapped market and changing business\nmodels based on consumer preferences makes it an interesting sector. <\/p>\n\n\n\n<p>&nbsp;<strong><a href=\"https:\/\/www.franchisezing.com\/\">FranchiseZing<\/a><\/strong> features a no of leading automotive brands on the portal for all budgets.<\/p>\n\n\n\n<p>Keep Browsing at <strong><a href=\"https:\/\/www.franchisezing.com\/\">www.franchisezing.com<\/a><\/strong><\/p>\n ","protected":false},"excerpt":{"rendered":"<p>Automotive Business&nbsp; Automotive sector is amongst the highest contributor to India\u2019s GDP. It\u2019s presence and appeal are increasing every day, not just from a user\u2019s perspective but also as a&nbsp;[ &hellip; ]<\/p>\n","protected":false},"author":1,"featured_media":8073,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[49],"tags":[],"class_list":["post-8072","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","list-style-post"],"_links":{"self":[{"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/posts\/8072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/comments?post=8072"}],"version-history":[{"count":0,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/posts\/8072\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/media?parent=8072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/categories?post=8072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/tags?post=8072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}