siliconindia | | April 20204The consumption power of the Indians have grown multifold in the recent times. Hence there is an increase in the retail industry size in the country. The overall retail market in India is expected to reach $1.7 trillion mark by 2020. The sector contributes around 10 percent to the country's GDP. According to another report, retail would add up over 39 million sq.ft. of space by 2022. Indeed the nation is an emerging retail epicenter of the world. On the other hand, the youths want to be their own boss and hence their start their own firm or opt to become the franchisee of successful businesses. However, the challenge lies not just in establishing a successful business but also in running it successfully. Hence it is pertinent that the franchiser you choose always walk hand-in-hand with you. From selecting a plot, helping in interiors, hiring employees to training them and even providing them technology that can streamline the entire process, marketing and branding and even more, helping franchisees is the first step towards making them successful. Brining you the story of some such successful retail franchises is our current edition of `10 Most Promising Retail Franchises ­ 2020'. Post detailed due diligence, we shortlisted few and handpicked the featured companies talking about their uniqueness and their strategies to help and enable their franchisees towards success. Read to know more about them.Do let us know what you think! Anamika SahuManaging Editoreditor@siliconindia.comThe Sunshine IndustryEditorial Vol 08 · Issue 09 - 06 · April 13, 2020 Publisher Alok Chaturvedi Managing Editor Anamika Sahu Associate Editor Susila Govindaraj Editorial Team Ananth.V Avinash Roy Mandvi Singh Srrayvinya OLM Sujith Vasudevan VP - Sales & Marketing Virupakshi Pattar Advertising Managers Editorial queries editor@siliconindia.com To subscribe Visit https://www.siliconindia.com/subscribe/ or send email to subscription@siliconindia.com Cover price is Rs.150 per issue. Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2020 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.advertise@siliconindia.comVisualisers S Sivasankar Mohana Krishnan ManjunathGroup Art DirectorAshok KumarNoidaAshu Sethi Garima Anand Shivam AgarwalCirculation Manager Magendran Perumal Ashwini D Naik Indranil Chakraborthy Sanjana Mohanty Shivam AgarwalCorrespondentsSigma Mohanty Subhadarshani Mohanty
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