Minda Nexgen Tech Ltd - Franchise
Minda Franchise We believe that innovation and smarter use of energy can work wonders for sustainable development. We light up lives of the villagers that have never seen electricity by weaving them into a wider framework of environment-friendly rural electrification.Exploring the domain of Renewable Energy, essentially Solar and Biomass, our aim is to create a locus of sustainable villages that can be studied and cloned in other power-starved areas. By providing a range of products and services, we aim to illuminate countless lives and alleviate India’s energy deficit. We at Minda NexGenTech Ltd. stand for Earth. Energy. Happiness. Read The Franchise Requirements Below And Become A Franchisee Today.
Minda Nexgen Tech Ltd - Franchise Investment Details
Commenced Dates
| Date Commenced Operations | 2011 |
| Date Commenced Franchising / Distribution | 2012 |
Franchise Details
Units
| Area | Investment | Franchise/Brand Fee | Royalty/Commission |
| Store Wise | Rs. 2lac - 5lac |
Master / Multi Units
| Area | Investment | Unit/Brand Fee | Master/Brand Fee | Royalty/Commission |
| Region Wise | Rs. 2lac - 5lac |
Expansion Locations
| North | New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pardesh |
| South | Kerala, Karnataka, Tamil Nadu, Andhra Pardesh |
| East | Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Orissa |
| West | Gujarat, Rajasthan, Maharashtra, Goa |
| Center | Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand |
| Union Territories | Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu |
Franchise Details (Optional)
| Want to expand | International, Nationwide |
| Exclusive territorial rights to a unit | Yes |
| Performance guarantee to unit franchisee | Yes |
| Anticipated percentage return on investment | 500 |
| Likely pay back period of capital for a unit franchise | 2 year |
| Other investment requirements | No |
Minda Nexgen Tech Ltd - Franchise Training Details
| Detailed operating manuals for franchisees | No |
| Where is franchisee training provided? | Head office |
| Is field assistance available for franchisee? | Yes |
| Will someone from Head Office provides assistance to franchisee in opening the franchise? | No |
| What IT systems do you presently have that will be included in the franchise? | No |
Minda Nexgen Tech Ltd - Franchise Property Details
| Type of property required for this franchise opportunity |
Commercial |
| Floor area requirement | 300 - 500 Sq ft . (1 Sq Meter = 10.76 Sq Ft.) |
| Preferred location of unit franchised outlet | Head quarters |
Minda Nexgen Tech Ltd - Franchise Other Details
| Do you have a standard franchise agreement? | No |
| How long is the franchise term for? | 2 years |
| Is the term renewable? | Yes |
Minda Nexgen Tech Ltd - Franchise
Category : Consumer electronics
Area Req : 300 - 500 Sq. Feet
Franchise Outlets : 10
Investment: Rs. 2 Lac - Rs. 5 Lac
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