Written By: Bandana Gupta

The demand for electric vehicles (EVs) in India is skyrocketing, creating an urgent need for a strong and reliable EV charging network. Excitingly, several forward-thinking companies are stepping up to the challenge and opening doors for entrepreneurs through EV charging station franchise opportunities in 2025. If you’re eager to ride the wave of this booming industry, here’s a handpicked list of the top companies leading the charge and shaping the future of EV infrastructure in India.

Top EV Charging Station Franchise Companies in India

1. Servotech (Incharz)

Targeting 12,000+ units capacity by 2026, backed by BPCL highway partnerships and a mix of DC/AC chargers. With government subsidies for public stations, franchisees can expect a minimum 18% ROI—making it a smart, high-potential EV investment.

Investment range-15-30 lakhs

Expected ROI- 16-19%

2. Tata Motors EV (Tata.ev)

A dominant leader with over 60% market share in EV cars, this brand is driving India’s electric revolution. Exciting new models like the Harrier EV and Avinya are set to hit the roads, backed by a robust service network spanning 200+ cities. With government-supported PLI incentives further enhancing affordability, the brand is perfectly positioned to accelerate EV adoption across the country.

Investment - 30-50 lakhs

Expected ROI- 20-25%

3.Ola Electric

The fastest-growing two-wheeler EV brand with 30%+ YoY sales growth, this company is taking the market by storm. Its flagship S1 Pro leads the segment, while an ambitious expansion plan targets 1,000+ franchise outlets nationwide. Adding to the momentum, the brand’s battery swapping stations create a steady stream of recurring revenue, making it a powerhouse in India’s EV ecosystem.

Investment range - 20-40 lakhs

Expected ROI - 18-22%

4. Ather Energy

With its premium 450X scooters, this brand is redefining urban mobility through a charging network of over 170 cities and a smart, app-driven ecosystem. Looking ahead to 2026, the focus shifts to building inter-city charging hubs, unlocking long-distance EV travel. Plus, with high-margin accessories and subscription services, it’s not just about scooters ; it’s about creating a powerful, future-ready EV ecosystem.

Investment range- 25-25 lakhs

Expected ROI-   19-24%

5. Mahindra Electric

Exciting new BE 07 and XEV 9e models with 5-star safety ratings, expanding into rural markets with 300+ new outlets. Partnerships with fintech for battery-as-a-service (BaaS) make EV ownership more affordable by lowering upfront costs.

Investment range: 35-50 lakhs

Expected ROI - 20-23%

6.TVS Motor (iQube)

Offering affordable entry-level EVs, this brand sold over 100,000 units in 2025 and is expanding through a master franchise model in Tier-2 cities. Seamless integration with ride-hailing apps opens doors for lucrative fleet partnerships

Investment range -20-35 lakhs

Expected ROI - 18-21%

7. MG Motor India:

Windsor EV with Battery-as-a-Service (BaaS), produced locally through a joint venture with SAIC, offers premium features like ADAS. With domestic assembly, the brand aims to cut imports by 20% by 2026, boosting India’s EV self-reliance

Investment range- 30-50 lakhs

Expected ROI- 19-22%

8. Hero Electric:

It offers budget-friendly EVs for last-mile delivery, backed by 350+ service centres. With a 2026 expansion into e-rickshaws and a low entry barrier, it’s the perfect opportunity for small entrepreneurs to join India’s EV revolution.

Investment range- 15-30 lakhs

Expected ROI- 17-20%

9. Bajaj Auto (Chetak EV)

An iconic brand making a bold urban comeback, partnering with companies like Zomato for fleet electrification. Boasting high resale value and aiming for 500 outlets by 2026, it’s set to power India’s EV growth.

Investment range: 25-40 lakhs

Expected ROI- 18-22%

10. Bolt.Earth

Boasting India’s largest EV charging network with 37,000+ chargers, including Blaze DC fast chargers for 2- and 3-wheelers. Using the FOCO model (Franchisee-Owned, Company-Operated) and solar integration, it delivers faster charging and lower operating costs.

Investment range- 10-25 lakhs

Expected ROI- 15-20%

Profit Potential of an EV Charging Station Franchise

Investing in an EV charging station franchise is a smart and highly profitable move, thanks to the rapid rise of electric vehicles across India. With the EV charging market set to grow exponentially, franchise partners can enjoy strong returns on investment.

Why this business is so profitable:

• Rising Demand: More EVs on the roads mean a constant need for charging stations.
• Prime Locations: Placing stations at hospitals, restaurants, hotels, and parking areas ensures steady customer flow.
• Government Support: Subsidies and incentives make setting up EV infrastructure easier and more cost-effective.
• Low Operating Costs: Advanced, reliable technology keeps maintenance expenses minimal, boosting profits.

By partnering with industry leaders like Incharz, franchisees gain access to a robust charging network and innovative EV solutions, paving the way for long-term success in India’s fast-growing EV ecosystem.

Why Invest in an EV Charging Station Franchise?

As India speeds up its shift toward electric mobility, the need for EV charging stations is growing rapidly. Investing in an EV charging station franchise allows you to support sustainable transportation while tapping into a high-potential business opportunity.

Key reasons to invest:

• Rising Demand: With more EVs on the road, charging infrastructure is in constant demand.
• Proven Franchise Models: Companies like Incharz by Servotech EV Infra Pvt. Ltd. provide access to India’s best EV charging network and innovative solutions.
• Prime Location Opportunities: Set up stations at hospitals, restaurants, hotels, and parking areas for consistent footfall.
• Lucrative ROI: The growing EV ecosystem offers attractive returns for early franchise partners.
• Contribution to Sustainability: Be part of India’s transition to greener, cleaner transportation.

How to start an EV charging station franchise in India

1: Crafting a Solid Business Plan

Your business plan is the roadmap to success ; the foundation that keeps your EV charging venture on track and profitable. Here’s what it should include:

• Executive Summary: A quick snapshot of your business goals and vision.
• Company Description: Outline your chosen franchise, ownership model, and business structure.
• Market Analysis: Dive deep into the EV market in your target area;know your competitors, customer segments, and local demand.
• Organization & Management: Define your team roles, responsibilities, and hierarchy.
• Services Offered: Specify the types of charging you’ll provide;fast, slow, or both.
• Marketing & Sales Strategy: Explain how you’ll attract, convert, and retain EV owners.
• Financial Projections: Forecast your investments, expected revenue, and profit milestones.

A well-planned blueprint not only attracts investors but also helps you navigate challenges with confidence.

2: Securing a Strategic Location

Location is everything in the EV charging business. Choose spots with high visibility and consistent traffic flow, such as:

•  Highways & Expressways—Serve long-distance travelers on the go.
•  Urban Hotspots – Shopping malls, hotels, and multiplexes where people stay for a few hours.
•  Corporate Parks & IT Hubs – Ideal for office commuters.
•  Residential Complexes – Perfect for overnight charging convenience.
•  Existing Petrol Pumps – Tap into existing infrastructure and footfall. Ensure your location allows easy access, ample space for vehicles, and strong power connectivity.

 3: Understanding the Investment & Arranging Finances

Starting an EV charging franchise in India typically requires ₹15 lakhs to ₹1 crore+, depending on your setup size and charger type. Here’s where the money goes:

• Franchise Fee: One-time payment to partner with the brand.
• Charging Equipment: AC (slow) and DC (fast) chargers ; DC being costlier but faster.
• Infrastructure & Installation: Transformers, wiring, civil work, and safety equipment.
• Land Lease or Purchase: Cost of your chosen location.
• Software Integration: For managing payments, monitoring, and customer data.
• Licenses & Permits: Various government and utility approvals.
• Working Capital: To cover operational and maintenance expenses. Tip: Leading banks like the State Bank of India offer special financing schemes such as “EV Mitra”, designed specifically for entrepreneurs in the EV space.

  5: Navigating Licenses & Regulatory Approvals

While no special license is needed to set up an EV charging station, several key approvals ensure smooth and legal operations:

• BIS Certification: Confirms charger safety and quality standards.
• ARAI Certification: Required for public-use chargers.
• Municipal NOC: Approval from local authorities for construction and operations.
• Electricity Connection: Apply for a new or upgraded commercial connection.
• Fire Safety & Local Clearances: Compliance ensures long-term reliability and customer trust.

 6: Installation, Setup & Go-Live

With all approvals in hand, your franchisor will guide you through equipment installation, branding, and network integration. Once connected to the central system, your station will be live, trackable, and ready to charge customers seamlessly.

7: Marketing & Smooth Operations

Now it’s time to build visibility and win customers!

• List your station on Google Maps and EV charging apps.
• Partner with local businesses and EV dealerships for promotions.
• Run launch campaigns and offer early-bird discounts.
• Maintain high uptime and responsive customer support to build loyalty.

Consistent service and smart marketing are what turn first-time users into regulars; powering both EVs and your business growth! 

Conclusion :

With the right franchise partner, you can play a key role in building India’s EV charging infrastructure while enjoying long-term profitability.

The EV revolution is in full swing, and the demand for reliable, accessible charging stations has never been higher. Leading the charge are companies like Incharz, Tata Power EZ Charge,Bajaj Auto (Chetak EV),Bolt Earth, Hero Electric, and MG Motor India is offering franchise opportunities that blend innovation, growth, and profitability.

If you’re ready to make an impact in India’s fast-growing EV charging industry, partnering with one of these top companies is your chance to join the movement toward a sustainable future. With cutting-edge charging networks and advanced EV solutions, your franchise is poised to thrive in this exciting, dynamic market.

Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. FranchiseBAZAR does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risk and discretion. FranchiseBAZAR or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.