Top 5 Under Garments Franchises in India
India is the land of opportunity and more if you are conducting business through franchises, outlets, or anything. Now, if you choose any business franchises in India almost every one of them will give you an ample amount of profit margin. Even in the liquor business in India people from nothing become highly rich. Similarly, people in the apparel and undergarment businesses are earning a good profit margin.
According to SMIFS Limited, the Indian innerwear market was valued at Rs 320 billion back in 2018. So, even before five-six years, the innerwear or undergarments businesses were doing extremely well in the Indian market. You can check out the detailed research paper.
According to Machine Maker, the Indian Innerwear Market on the previous National Underwear Day was estimated to be worth Rs 32,000 crore. Other than that, they are made an expectation that by 2024, this sector of the market will reach a worth of Rs 68,270 crores. These are some of the greatest figures that will motivate businessmen to get undergarment franchises in the Indian market. Further, in this article, we will talk about the top 5 undergarment franchises in India.
Top 5 Undergarment & Underwear Franchises in India
If you are willing to become a part of a highly profitable business then getting into any undergarment franchise would be the one for you. Not only do you earn a good profit margin but, you are given a wide variety of lingeries and inner wears for customer attraction. Other than that, you become a part of a system that enables your business to run smoothly. Here are our top five undergarment franchises in India:-
Jockey
“Its Jockey or Nothing” is the famous tagline of Jockey. Jockey is an American manufacturer and retailer of underwear, pants, shirts, sleepwear, sportswear, and many more. This company was founded way back in 1876 by Samuel T Cooper. Jockey made their presence in India back in 1994. Ever since they have been conducting successful business through franchises. You can easily open a Jockey business in your locality but, you do need a heavy startup budget.
The total investment ranges from Rs 45-Rs 50 lakhs to start a business as a Jockey franchise. The shop area requirement ranges between 1000 to 1200 square feet. Make sure you fulfill all the criteria set by the officials of the company. This is because as an International company, they are quite strict with terms and conditions. The average profit margin of any Jockey franchise in India ranges from 20-25% per month.
Rupa Comfort Store
Everyone must have heard of Rupa Comfort Store or Rupa and Company Limited. It is one of the famous undergarment companies present in India. This Indian clothing brand exclusively manufactures and sells knitted garments. This company manufactures and sells innerwear, undergarments, casual wear, thermal wear, sleepwear for both men and women, and many more. The company was established back in 1968 by PR Agarwala, GP Agarwala, and KB Agarwala.
The headquarters of this company is located in Kolkata, West Bengal, India. Interestingly, it is one of the most affordable ad profitable underwear garment franchises in India. The total investment required to open a Rupa Comfort Store franchise ranges between Rs 15-17 lakhs. You do have a franchise fee asked by the officials of Rs 50,000. It is an one-time payment and is non-refundable for the agreement of 9 years.
On the other hand, the minimum area required to open Rupa Comfort Store franchise is between 300-400 square feet but, you can still open at a 260 square feet area. If you are willing to know more about the franchise of this company then make sure to visit this official website https://rupa.co.in/franchisee-info/.
Zivame
Zivame is a quite famous undergarment franchise brand in India. The parent company of this brand is Actoserba Active Wholesale Private Limited. This company was founded back in 2011 and Amisha Jain is the current CEO of the company. This company primarily targets the women audience in the Indian market but, you do get men’s undergarments as well.
Shopping from their website will give you lots of benefits and offers. The total investment required to open a Zivame franchise ranges between Rs 25-40 lakhs. On the other hand, the minimum area requirement is between 600-1200 square feet. After that investment, one can expect the ROI within 18-24 months.
Clovia
Clovia started back in 2012 have become one of the most trusted undergarment business franchises in India. This company was founded by Pankaj Vermani and he is the CEO of the company today. It is India’s fastest- lingerie and sleepwear brand. They have opened up so many outlets and franchises across the country. The total investment required to open a Clovia franchise ranges between Rs 20-25 lakhs.
On the other hand, one must have at least 400-500 square feet of area. Other than that, make sure to follow all the terms and conditions kept by the officials of the company.
PrettySecrets
PrettySecrets is another woman-focused undergarment brand in India. The headquarters of this company is based in Mumbai, Maharashtra, India. This undergarment company was launched by Karan Behal back in 2011. It did start as a woman’s sleepwear brand but, due to its high success ratio, it diversified its range the next year through e-tailing. It is also known to be India’s largest online lingerie brand. The total investment required to open a PrettySecrets franchise in India ranges between Rs 20-30 lakhs.
The franchise fee or brand fee taken by this company is Rs 2.5 lakhs and this is non-refundable. The anticipated return on investment after opening a PrettySecrets franchise is within 24-40 months. Other than that, the area requirement is between 400-600 square feet. If you are willing to open a PrettySecrets franchise in India then make sure to contact the officials.