Why FabIndia Is The Best Retail Fashion Franchise In India 2024?

on Dec 27, 2023 | 84602 views

Written By: Nitika Jindal

The apparel industry in India came in second place to the agricultural industry. It is one of the oldest and most significant sectors of the national economy. Around 14 per cent of the manufacturing sector's GDP comes from the apparel industry, which also employs a large number of people. One of the most basic needs of people is met by the garment industry. Numerous large ready-made clothing companies in India provide franchisee opportunities to business owners looking to grow.  One such brand is FabIndia Franchise.

The well-known brand Fabindia, which is renowned for its traditional, authentic Indian designs and the natural raw materials used in the fabric, will be discussed and explored in this blog. In this blog, we will provide more information about Fabindia franchises in India, including how to apply for one, their advantages, costs, requirements, and eligibility as well as contact information.

About FabIndia Franchise In India 2024

Fabindia was founded in 1960 with the primary goal of promoting India's fascinating crafts. They began primarily as an exporter of home furnishings, but they now also provide a large range of products, including organic food, men's and women's clothing, home decor, personal care, and much more.

They combine modern designs with traditional craft methods while keeping in mind the latest trends in fashion.

To preserve India's traditional crafts and create a basis for skilled, long-term rural employment, Fabindia links more than 55,000 rural craft producers with contemporary metropolitan markets.

Their modern, handcrafted, and natural products are available. At Fabindia, they strive to provide customers worldwide with everything they find admirable about India, celebrating the country and making it one of the best places to shop.

Why Choose FabIndia?

  • Examine a delightful selection of items.
  • The women's collection will help you define your style statement.
  • The men's collection will help you update your appearance.
  • The ideal balance of comfort and style is found in the kid’s collection.
  • The home and living collection adds a sophisticated touch.
  • Use the furniture collection to give your home a stylish look.
  • Treat yourself to the personal care collection.
  • Make all of your meals nutritious with organic food products.

Number Of FabIndia Outlets Within The Country In India 2024

With two locations in Singapore and Dubai, approximately 200 retail stores throughout India, and one each in Italy, Nepal, Malaysia, and Mauritius, Fabindia is a multinational brand at the moment. Popular and well-established in both the Indian and international markets is Fabindia, a retail franchise.

Start FabIndia Franchise Right Away In India 2024 - A Complete Guide

A step-by-step guide and all the details to starting the FabIndia franchise in India in 2024. In this blog, we are going to explore the FabIndia franchise in India in 2024.

What are you waiting for? Let us get started.

FabIndia Franchise Cost In India 2024

In India, Fabindia is a well-known fashion brand that combines traditional craftsmanship with modern style. For business owners who are interested in the fashion retail industry, they provide franchise opportunities.

Fabindia franchise costs can change depending on several variables, including store size, location, and city. A small-sized store's setup can typically cost between 10 and 15 lakhs of rupees, including a franchise fee of about 5 lakhs without a brand royalty fee. Setting up the store usually takes two months.

Purchasing a Fabindia franchise offers the chance to launch a brand that celebrates Indian craftsmanship and culture in the fashion industry. This is an opportunity for business owners to enter a firmly established market and provide clients with a distinctive selection of modern and traditional clothing options.

The FabIndia Franchise Outlet Requires Space.

A Fabindia franchise outlet's location is essential to its success as a business. It is always advisable to select a location that attracts a diverse and youthful clientele. Fabindia retail stores require a minimum of 1500–2000 square feet of space to set up.

This section should have room for a billing counter, trial rooms, and a large display area. To optimize customer traffic and sales opportunities in India in 2024, it is advisable to select a location in a rush market area or an area with high foot traffic.

Steps To Start The FabIndia Franchise In India 2024

The following procedure can be followed if you wish to apply for a Fabindia franchise and intend to launch a business.

  1. Initially, you must go to the official website at https://www.fabindia.com/franchise.
  2. A page for franchise applications will then open. Complete the form completely, then send it in.
  3. Be cautious at all times when filling out the form. The Fabindia team will get in touch with you shortly.
  4. To find out about the application procedure, you can also speak with the concerned party.

Benefits Of Starting The FabIndia Franchise In India 2024

Fabindia is well-known for its materials, prints, designs, and crafts that showcase authentic Indian colours and patterns. One of the first clothing brands, it continuously offers both contemporary and traditional clothing and accessories.

Fabindia is a fantastic option if you want to launch your company as a franchise owner. Take a look at the advantages that come with selecting a Fabindia franchisee, as explained here.

  • Top clothing brand: With more than 200 locations across India, Fabindia is one of the top clothing brands in the country.
  • Established and profitable company: Fabindia has been operating in India since 1960.
  • Quicker revenue generation: Since a franchise has an established brand, its return on investment is quicker than that of other independently launched businesses.
  • Low-risk factor: Fabindia is a well-known and prominent cloth brand that has been producing high-quality goods for many years.
  • Support from the company: One of the most important aspects of owning a Fabindia franchise is that the company stands by its franchisees from the start.

Also Read A rundown on Indian online fashion retail market in 2023 - 2024: growth and challenge.

Market Trend Of The Retail Fashion Franchise Business Industry Opportunity In India 2024

2022 saw a US$ 172.3 billion growth in the Indian textile and apparel market. The market is predicted by IMARC Group to grow at a compound annual growth rate (CAGR) of 14.59% from 2023 to 2028, reaching US$ 387.3 billion throughout that time.

Some of the major factors driving the market are the growing demand for high-end clothing and footwear items, the number of government initiatives to empower weavers that are being launched, and the growth of sustainably sourced and ethically sourced materials.

How Profitable Is The FabIndia Franchise In India 2024?

  • Every company has mediocre sales at first, but these rise with effective branding, marketing plans, and strategies.
  • This is where we will be using approximations for the Fabindia outlet data.
  • Fabindia stores are estimated to generate approximately 9,00,000 rupees in sales per month.
  • After the outlet opens, there is a one to two-year payback period.

What Are The Other Similar Franchise Options Available?

If you cannot afford the FabIndia outlet and perhaps you do not like the profit margin for FabIndia, then you can check out our complete clothing franchise opportunity list and make the decision.

Moreover, here are our profitable picks for the clothing franchise opportunity in India in 2024.

Beatitude.

  • Space Requirement: 500 to 700 square feet.
  • Investment Approx: Rs 20 lakh to Rs 30 lakh.

Chique.

  • Space Requirement: 500 to 700 square feet.
  • Investment Approx: Rs 15 lakh to Rs 20 lakh.

Rich look.

  • Space Requirement: 700 to 1000 square feet.
  • Investment Approx: Rs 20 lakh to Rs 30 lakh.

Madame.

  • Space Requirement: 1000 to 2000 square feet.
  • Investment Approx: Rs 40 lakh to Rs 49 lakh.

Also Read Indian fashion industry in next 2 years: trend, challenge and opportunity.

FAQ

Q.1. Is the company Fabindia based in India?

Absolutely.

Q.2. In what location is the headquarters of FabIndia?

Support@fabindia.net and mailus@fabindia.net are the email addresses of the head office, which is located in New Delhi at C-40, Second Floor, Okhla Industrial Area Phase II, New Delhi 110020, India. The phone number is +91-11-40692000.

Q.3. In India, where can purchase FabIndia products?

They sell their goods in India through exclusive stores that are owned by the company.

Conclusion

The exotic prints, fabrics, and designs of the Fabindia franchise are well-liked. The company is deeply attached to its product sales and takes great care to preserve its uniqueness and legacy.

The business offers franchises to expand both domestically and internationally.  However, there are risks associated with starting a franchise, just like with any other business. For this reason, you should do market research before launching your venture.

You must go to the website and learn about the business from a variety of sources. You should familiarize yourself with the franchise business type, its rules and regulations, and company details before investing a significant amount of money. I sincerely hope you enjoyed this blog; I'll be back soon with more information to share.

By visiting the franchisebazar, which is India’s largest market for franchises, you can open your FabIndia retail fashion franchise in India in 2024. You can set the investment range, select your location, and compare the options that are offered on the website for the franchise in India 2024.

Thank you for joining us on this journey. We want to wish you the best of luck as you embark on your FabIndia retail fashion franchise in India in 2024.

Happy franchising to all the enthusiastic entrepreneurs.

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.

No Comments
Please to FranchiseBazar.com to post a comment or like the post. However, you can still share this post on social networks.

Recent Blogs

How to start a Bikanervala Franchise in Gwalior?
on Jul 18, 2024

Written By: Resham Daswani

Did...

Top-rated franchise opportunities in India to pursue for 2025
on Jul 17, 2024

Written By: Nikita Janiya

The...

Top Food Franchises for sale under 10 lakhs
on Jul 16, 2024

Written By: Yukta Palekar

A...

Advantages and Disadvantages of Multi-Unit Franchise Ownership in India
on Jul 15, 2024

Written By: Resham Daswani

Aspiring...