Siyaram’s Franchise
Siyaram’s Franchise
Come Home to Siyarams
India has been an iconic figure in the fashion industry for centuries, creating unique garments and accessories. During festivals and other family traditions, people dress up to cherish their culture and heritage. Besides this, fashion also represents an individual’s self-expression. With this perception, our country has a huge demand in the fashion industry, coming up with innovative styles and brands. In this competitive market, one of the most preferred brands is the Siyarams. In this article, we look at the requirements for starting a Siyaram’s franchise in India.
Siyaram’s
Siyaram was established in 1978 and is the leading producer of blended fabrics in India. The company is an ISO 9001:2008 certified organisation and is the country’s largest textile brand in Men’s fashion over three years. It is the nation’s largest producer of highly blended fashion suiting and shirting fabrics. The company manufactures over 60 million meters of fabric every year, endearing the hearts of the fashion customers. The brand’s avant-garde manufacturing units are located in Tarapur, Daman and Silvassa.
Franchise
Siyaram’s aims to be the preferred partners to every stakeholder in the textile and fashion industry. With this as their motive, the brand delivers high-quality fabrics, strengthening the trust to create a rapport with its customers, thus fulfilling all their demands.
The Siyaram’s brand stands out to be the most preferred brand in both urban and rural India. With its wide network across the country, the brand is available in more than 1 Lakh retail stores, thus making it the most preferred brand of clothing among the masses.
Requirements
Entrepreneurs looking for a franchise opportunity must satisfy the following criterion:
- Should have detailed knowledge of the local trends and preferences.
- Should have a quest for perfection in the textile industry.
Investment Details
A sum of Rs. 20 Lakhs – 30Lakhs has to be invested to set up a Siyaram’s franchise. The anticipated return on investment is 30% and the payback period of capital for a unit franchise would range between 3-4 years.
Expansion Locations
The franchise targets to reach out to many people by opening franchises in the following regions:
Northern Region – Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Southern Region – Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
Eastern Region – Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim
Western Region – Gujarat, Rajasthan, Maharashtra, Goa
Central Region – Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories – Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Property Details
A commercial floor area of 500-1500 square feet is required to set up this franchise. High streets or malls are considered to be preferred locations for the franchise.
Training Details
A detailed operating manual is provided for all franchisees with onsite training. The franchisees will be guided by an expert from the Head Office on opening the franchise unit. All the current IT systems will be included in the franchise.
Terms and Conditions
All franchisees should have a standard franchise agreement for at-least five years. This agreement can later be renewed.
