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The Franchise Industry is Officially Booming as Franchise Asia's Portals Report Record Traffic

by Maria Carty-MoleFebruary 27, 2016

The first month of 2016 has shown a marked rise of interest in the franchise industry with Franchise Asia reporting a record number of inquiries across its network of franchise portals. This positive trend is a continuation of strong growth rates witnessed in the sector during 2015.

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Franchise Direct ‒ the world's leading portal of franchises and business opportunities and the international network that Franchise Asia is part of ‒ has seen its previous website visitor records smashed. January of this year saw franchise inquiries increase by 25% across the company’s websites in comparison to January of last year.

"January is a time of year when people are making resolutions and thinking of starting new businesses," says Nivas Vandrasi, Account Manager for Franchise Asia. "And we are excited to see 2016 get off to such a good start. There’s a lot of confidence in the future of the Indian economy and more people are looking into opening their own profitable businesses here."

This increase in investment and entrepreneurship is a reflection of the Indian economy’s continuous growth. The World Bank announced last month that India remains ‘robust’ and is a ‘bright spot’ for investment, and forecast that the country’s economy will grow by 7.8% this year. 

More people than ever are deciding to become their own boss, and the fact that thousands are flocking to Franchise Asia’s websites every month confirms that they know investing in a franchise is the sensible way to do it.

Browse through the franchise profiles and take a look at the offers and business opportunities that everyone else in India is considering.

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