The survey revealed that the rising curiosity of nationwide and worldwide manufacturers in tier 2 and tier 3 cities is creating new alternatives for ladies entrepreneurs. (Representative picture)
Franchise India survey revealed that 45% of girls entrepreneurs had been married and balancing their household obligations with their enterprise ventures.
According to a brand new survey, 57% of the ladies who expressed curiosity in entrepreneurship had been aged between 26 and 35 years, whereas 27% had been aged between 36 and 45 years. The majority of those ladies had been educated, with 60% holding a minimum of a graduate diploma.
The survey performed by Franchise India has revealed that 3 out of 10 ladies in India desire to take up the entrepreneurship position. The survey cites rising alternatives to begin companies, low-cost franchise choices, and the rising curiosity of nationwide and worldwide manufacturers in tier 2 and tier 3 cities as key components driving this development.
The survey additionally revealed that 45% of girls entrepreneurs had been married and balancing their household obligations with their enterprise ventures.
The survey, which was performed in the important thing cities of Delhi, Gurugram, Bhopal, Ludhiana, Lucknow, Guwahati, Bangalore, Goa, Jaipur, and Pune, concerned a pattern set of 500 ladies. The outcomes point out a rising development within the franchise business, with extra ladies searching for to begin their very own companies.
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“The franchise business is witnessing large development in India, and girls entrepreneurs are enjoying a major position on this enlargement. We are seeing extra ladies taking the leap of religion and beginning their very own companies, and it is a constructive signal for the economic system,” said Gaurav Marya, chairman of Franchise India.
With numerous low-cost franchise options available in the market, starting a business has become more accessible and achievable for women, the report said.
“The low-cost franchise options available in the market have made it easier for women to start their own businesses. This is a great opportunity for women who want to be their own boss and make a mark in the business world,” added Marya.
The survey additionally revealed that almost all of girls entrepreneurs are specializing in the service and retail sectors, with the schooling, magnificence, and healthcare industries being the preferred decisions.
The survey additionally revealed that the rising curiosity of nationwide and worldwide manufacturers in tier 2 and tier 3 cities is creating new alternatives for ladies entrepreneurs. With these manufacturers seeking to develop their presence in these cities, ladies entrepreneurs have an opportunity to capitalise on the rising market and set up profitable companies.
“Tier 2 and tier 3 cities have gotten more and more essential within the franchise business, and girls entrepreneurs are well-positioned to make the most of this development. With entry to new alternatives and sources, they’re breaking down obstacles and redefining success on their very own phrases,” stated Marya.
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