Why Jockey India Is the Best Retail Clothing Franchise In India 2024?
Written By: Nitika Jindal
Are you trying to find a franchise for innerwear and upscale clothing? Are you interested in the apparel industry and would you like to take advantage of an opportunity? If you owned or operated a retail clothing store, would you like to increase your profit margins? Are you finding it difficult to decide to purchase an Indian jockey franchise?
We have some excellent news for you right here, and after reading this blog in its entirety, you will undoubtedly be able to select the best apparel franchise that is available and begin your entrepreneurial career in this sector with the appropriate chain.
You did read it. We will go through everything you need to know to start a Jockey franchise in your city, including the capital needed, the costs and profits, and step-by-step instructions on how to obtain one. We will also address some frequently asked questions regarding the chain.
This blog will guide you with all the information that you need to open the Jockey India franchise in India in 2024
It looks promising, right?
Please keep reading the complete blog to have a complete overview of this chain and get a clear understanding of whether the Jockey India chain is for you or not.
About Jockey India Franchise In India 2024
Jockey India Clothing Mankind Since 1876.
Founded in 1876, Jockey India pioneered innerwear, evolving and innovating not only the product but also the way it has been marketed over the years. Jockey India is the leading manufacturer and marketer of comfort apparel sold in more than 140 countries around the world in India 2024.
The company is committed to quality, comfort, fashion, innovation, and value in India 2024. As Jockey grows and sophisticates, the simple commitment to serve its customer’s needs for comfort continues to be the brand’s hallmark.
Jockey was set up under Page Industries Limited in 1994 with the key objective of bringing the world-renowned brand Jockey to India. Jockey India manufactures, distributes, and markets products for the whole family men, women, and kids.
Page Industries Limited, located in Bangalore, India, is the exclusive licensee of Jockey International Inc. ( USA ) in India 2024 for the manufacture, distribution, and marketing of the Jockey India brand in India, Sri Lanka, Oman, Bangladesh, Nepal, and the UAE. Page Industries Limited became public limited in March 2007 and is listed on the BSE and NSE of India in India 2024.
The promoters of Jockey India in India are the Genomal family, who have been associated with Jockey International Inc. for over 65 years as their sole licensee in the Philippines in India 2024.
Why Join Jockey Franchise India?
Here are the reasons that make them a great place and the perfect place to work.
- The work environment is based on ethics and mutual respect.
- World-class infrastructure for people, processes, and manufacturing.
- Employee-friendly policy and practice.
- Performance-driven employee recognition.
- Long-term career growth opportunity.
You are in great company and the perfect company.
They are strong when they are alone, and they thrive when they are united collaboration is the real thing here. Together, they are pioneers.
Awards And Recognition
- Mr Sunder Genomal, managing director of Jockey India featured in India’s best CEO’s list, released by Business Today in January 2017.
- The company has been awarded the International Licensee of the Year award by Jockey India International Inc. ( USA ) for the years that are 2005, 2009, 2013, and 2016.
- The company received the Outstanding Growth and Expansion of Jockey retail store award from Jockey International in 2016.
- ET award emerged as Company of the Year 2018.
- 25 years of Jockey in India 2024.
Jockey India Cost In India 2024
If we talk about how much cost is required to open the Jockey India, then here are the details. Here is all you need the requisite to start the Jockey India franchise in India in 2024.
- Carpet Area: Minimum 1000 square feet.
- Agreement Period: 10 years.
- Royalty Fee: NA.
- Net Worth: Rs 1 crore.
- Liquid Capital Requirement: Minimum Rs 50 lakh.
- Total Initial Investment: Rs 45 lakh to Rs 50 lakh.
Steps To Start The Jockey India Franchise In India 2024
How to get the Jockey India franchise in India 2024 and become the Jockey India partner in India 2024 involves the following steps.
Visit the franchisee page fill in the details, such as name, address detail, city, state, postal code, email ID, phone number, and other required information on the project, and submit the form
Benefits Of Starting The Jockey India Franchise In India 2024
One may not question your choice to launch this franchise in your city, and there are several reasons why one might own a Jockey chain in India. We have, however, outlined some compelling arguments for owning it.
- Leading Player In The Premium Innerwear And Athleisure Market: With a long history of offering high-quality products, Jockey is a well-known and dominant force in the upscale innerwear and athleisure markets. Franchisees may benefit from it in terms of customer trust and brand recognition.
- Robust Supply Chain With Enormous Production Capacity: Jockey's extensive supply chain, which includes 15 manufacturing facilities and a massive production capacity of over 260 million pieces, may be advantageous to interested candidates. It also promotes strong background integration.
- Pan-India Presence: The chain is present in over 100 Indian cities nationwide; a few of its numbers are listed below.
- 1,10,548 and more store networks.
- 1,131 and more exclusive stores.
- More than 2,800 large format stores.
- And online shops.
- Health Product Portfolio: The chain sells a variety of items for men, women, and kids, including underwear, innerwear, and outerwear. It can increase the appeal to a larger clientele and support franchisees in realizing their full income potential.
- Leverage Its Strong Support System: Along with a well-tested business plan, the chain offers a wealth of training resources, including help with marketing, inventory control, and store design and layout.
- Flexible Franchise Model: You might be able to select from a variety of franchise models as a franchisee, such as shop-in-shop formats and exclusive showrooms.What Is The Market Trend Of The Retail Clothing Franchise Business Industry Opportunity In India 2024
ICRA, the leading credit agency, has released a report indicating that demand pressure and inflationary headwinds are expected to moderate the revenue growth of Indian fashion retail to 10 per cent in the fiscal year 2024.
How Profitable Is The Jockey India Franchise In India 2024?
Unlike other neighbourhood retail clothing stores, potential customers may visit the store in greater numbers, which eventually enables the chain to produce better and steadily increase profit margins over time.
Furthermore, it is highly recommended that candidates research and select the market before opening a business in their communities.
Nevertheless, one can make a respectable net profit margin of 15-20% with a Jockey business in India given the Jockey franchise's over-a-century-long global presence, expanding franchise network, affordable startup costs, stronger brand recognition, sturdy supply chain, and appropriate training and marketing initiatives.
FAQ
Q.1. How much does it cost to start the Jockey India franchise?
To become an approved Jockey India outlet holder, one may need to invest at least Rs 45 lakh to Rs 50 lakh. However, this investment may vary depending on the city, location, and extent of renovation required in India 2024.
Q. 2. How much does the Jockey India franchise owner make?
The net profitability of the Jockey outlet may vary depending on the chosen location and average customer footfall. Nevertheless, considering the enormous demand in the apparel industry, flexible setup, and comprehensive franchise support, one may anticipate earnings of at least 15 per cent to 20 per cent.
Q.3. What are the locations available for the Jockey India franchise?
Well, the application is open for all, irrespective of location in India 2024. However, it is certain advise that the new outlet should not be under a radius of 5 kilometres. Currently, they have a lot of requests from Pune, Hyderabad, Bengaluru, Chennai, Kerala, Mumbai, and a few more Indian cities.
Conclusion
In case you are interested in the apparel and fashion industry and the retail industry and want to take advantage of the opportunity with a moderate investment, then you can start the Jockey India franchise in India in 2024. With its immense legacy, expertise, and robust supply chain, one may experience stable and steady growth in their entrepreneurial journey in India in 2024
By visiting the franchisebazar, which is India’s largest market for franchises, you can open your own Jockey India 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 own Jockey India franchise in India in 2024.
Happy franchising to all the enthusiastic entrepreneurs.
Then what are you waiting for? Go and apply now grab this opportunity, and start your entrepreneurial journey with the Jockey India franchise in India in 2024.
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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