Top 7 Eco-Friendly Franchises in India 2024

on Feb 21, 2024 | 12306 views

Written By: Shruti Agrawal

With the growing buzz on climate change, the world getting more and more aware of a sustainable future, cleaner and greener environment and lesser chaos, there is an increasing demand for contributions from different stakeholders including Governments, Businesses, and Individuals. The demand for sustainable solutions is driving the rise of green franchises, offering opportunities for entrepreneurs to contribute to a greener economy.

What Are Green Franchises?

A green franchise, also known as an eco-friendly franchise, refers to a business opportunity that operates under an established brand and offers environmentally friendly products or services.

This type of franchise is focused on sustainability and minimizing negative impacts on the environment. Green franchises can include a wide range of businesses, such as renewable energy, organic food, eco-friendly cleaning services, and sustainable products.

The growing demand for sustainable solutions has led to an increase in green franchises, offering entrepreneurs the chance to contribute to a greener economy while running a successful business.

Being environmentally conscious is now recognised as more than just an expense; it can spur innovation, open doors to new markets, and generate income, making environmentally friendly business a promising and fruitful field of study..

Growth of Green And Eco-Friendly Franchise Market In India

The Indian government's push towards sustainability, with initiatives such as the Smart Cities Mission and the Make in India campaign, further indicates the potential for growth in the eco-friendly products market. India in the United Nations Framework Convention on Climate Change (COP26) in 2021 committed itself to achieving net zero carbon emissions.

India's journey to net zero embraces green growth, collaboration, renewables, sustainable finance, and transformative tech, highlighting the country's commitment to balancing growth and sustainability.

A report suggests that the green technology and sustainability market is growing at a steady rate, with rising adoption of strategies by key players, and is anticipated to rise considerably between 2024 and 2031, with an increasing CAGR of 16.41%.

A research study revealed that there has been a 73% growth in the eco-friendly product market over the last 5-7 years, indicating a significant increase in demand for such products in India.

Why Invest In Green or Eco-friendly Franchises

  • An ever-increasing market for environmentally conscious goods and services.
  • Enhances the franchise's brand reputation by aligning with environmental values and attracting environmentally conscious consumers, creating a positive perception.
  • Access to potential government incentives and grants for eco-friendly businesses.
  • Energy-efficient technologies and sustainable practices can lead to cost savings in the long run.
  • Potential for reduced waste management costs through eco-friendly practices.
  • Adapting to eco-friendly measures can future-proof the franchise against changing consumer preferences.
  • Opportunities for research and development in the sustainable business sector.
  • Attracts and retains employees who value working for environmentally responsible companies. It Fosters a positive and socially responsible workplace culture.
  • Addresses global environmental challenges, contributing to a collective effort which positions the franchise as part of the solution to climate change and environmental degradation.
  • Stands out in the market by offering products or services that are environmentally friendly, providing a unique selling point that can attract a diverse customer base.
  • Positions the green franchise to adapt to evolving consumer preferences towards sustainability.

Top Green and Eco-friendly Franchises Opportunities In India

AUM Nature Franchise

AUM Nature is a brand that offers a wide range of eco-friendly products, including bags, stationery, organic foods, and handmade items. The brand was established in 1996 and is known for its commitment to quality and integrity.  AUM Nature's product line includes eco-friendly bags, organic foods, handmade products, and seasonings.

The brand's offerings reflect a focus on sustainability, eco-friendliness, and quality. The cost for the green franchise can vary based on the type of franchise and the location, but here are the general details:

  • The area requirement for a dealer franchise is 750 sq. ft. to start with.
  • The investment for a dealer franchise ranges from INR 2 lakhs to 10 lakhs.
  • The brand fee for the unit franchise is INR 1,25,000.
  • The brand fee for the master franchise is INR 4 lakhs.

Green Trends (Salon) Franchise

Green Trends is a well-established salon and beauty franchise that offers a wide range of services for both men and women.  A more sustainable and healthful way to look good is promoted by this green franchise brand, which runs on a solid business model that centres on organic and eco-friendly products.

It has a vast network of 375+ salons in 50+ cities, offering services such as haircuts, hairstyling, skincare, makeup, hair colouring, and hair spa and treatment services for women.

This eco-friendly franchise requires:

  • The franchise fees: are INR 5 lakhs to INR 10 lakhs.
  • The cost of the interior: INR 15 lakhs to INR 20 lakhs.
  • The equipment including styling tools, beauty care products etc. costs around INR 15 lakhs- INR 20 lakhs.

Bethliving Franchise

Bethliving is a home decor company that was established in 2014 in Bangalore. The company is known for its contemporary design, durability, and use of advanced technologies in the manufacturing process.

Bethliving is also committed to sustainability and eco-friendly practices in the home decor industry. The brand offers a range of products for home interiors, including modular kitchen solutions, and emphasizes the importance of waterproof, pest-free, and fireproof properties in its products.

The franchise details for Bethliving Franchise:

  • The franchise model involves two options: FOFO (Franchisee owned, Franchisee-operated) and FICOO (Franchisee invested, Company owned & operated).
  • For FOFO: Investment required: INR 13 lakhs-INR 18 lakhs.
  • For FICCO: Investment required: INR 25 lakhs (approx)

Simply Fresh Franchise

Simply Fresh is a prominent brand in India, known for its innovative and technologically advanced approach to agriculture. Simply Fresh is committed to providing high-quality, nutritious, and safe agricultural produce for direct consumption and nutraceutical usage, utilizing technology-driven, precision farming techniques, including hydroponics and AI.

The company has made significant strides in the industry, including the establishment of India's largest "Plant Factory".

The franchise details for Simply Fresh Franchise:

  • The franchise model involves FOFO (Franchisee owned, Franchisee-operated) and FOCO (Franchisee owned, Company operated) options.
  • Investment required: INR 12 lakhs-INR 15 lakhs.
  • The commission/revenue sharing for the franchisee is approximately 90%, while the franchisor gets 10%.
  •  The franchisee can expect to break even within 0.5 to 1 year.

Organik Zone Franchise

Organik Zone was established in October 2013 with the aim of providing genuine, real food to people across various sectors, and it is a healthy initiative to incorporate health in a safer way to the community. The brand is a part of Ethix Health Care and offers a variety of organic products and eco-friendly products, including Indian snacks, biscuits, cookies, organic confectioneries for kids, personal care products, and wellness products.

The brand is known for its commitment to providing high-quality, organic, and chemical-free products with CGMP-certified manufacturing units.

It offers retail and distributor franchises, and it has expanded to become a chain of retail stores located in various parts of the country.

The franchise details for this green franchise:

  • The space requirement is 300 – 400 Sq. Ft.
  • The franchise set-up time is around 30 days
  • Franchise Fee: INR 1 Lakh – INR 2 Lakhs
  • Infrastructure Investment: INR 3 Lakhs – INR 5 Lakhs
  • Total Investment: INR 4 Lakhs – INR 6 Lakhs
  • Breakeven Time: 10 – 12 Months

Country Veggie Franchise

It is involved in connecting retailers, restaurants, and hotels with local farmers. The company operates within the agricultural and food supply chain, facilitating the distribution of fresh produce and related products.

The requirements to start a Country Veggie franchise in India are as follows:

  • Franchise Fee: INR 2 Lakhs – INR 3 Lakhs
  • Infrastructure Investment: INR 10 Lakhs – INR 20 Lakhs
  • Total Investment: INR 12 Lakhs – INR 23 Lakhs
  • Business Set-Up Time: 30 days
  • Anticipated percentage return on investment: 80%
  • Likely payback period: 12 – 24 Months
  • The space is 1000 to 1500 Sq. Ft.

Terragreens Organic Franchise

Terragreens Organic Private Limited was incorporated on December 21, 2018, and is based in Hyderabad, India. The company is involved in the production, processing, and preservation of organic food products including cereals, dry fruits, and spices.

The brand's concept is based on the principles of purity and quality and is committed to providing pure and natural organic products, free from chemicals and impurities, aiming to make organic food accessible to all.

The franchise details for Terragreens Organic franchise which is already running around 10 franchise outlets and looking for further expansion;

 

  • Area Required: 600 - 700 Sq.ft
  • Investment approx: 20 Lac - 30 Lac

In conclusion, investing in green franchises is not just about building a profitable business; it's a commitment to building a better, more sustainable world. As the business landscape evolves, embracing sustainable practices is not only an ethical choice but a strategic one. Green franchises offer a driving positive change while reaping the benefits of a thriving and conscientious market.

To learn more about green franchises and the eco-friendly franchise opportunities in the market, you must visit the franchiseBAZAR.

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.

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