Titan, Reliance Retail & MakeMyTrip Reveal: What Top Brands Actually Want in a Franchise Partner in 2026
As retail brands expand into Tier 2 and Tier 3 India, the franchise partner is now central to growth. At Bharat Startup Summit 2026, Titan, Reliance Retail and MakeMyTrip share how they choose franchise partners and why local credibility beats just capital.

Local Roots, Long Horizons: What India's Top Retail Brands Look for in a Franchise Partner*
Category: Retail Expansion / Franchise Growth Strategy
Franchising is now the biggest growth engine for Retail Franchise Expansion in India.
As Top Retail Brands in India expand beyond Metro Cities into Tier 2 and Tier 3 Markets, the local franchise partner is no longer just an investor - he is the core of the business growth strategy.
This insight was clear at the panel "The Great Retail Reinvention: AI, Omnichannel & Future Stores" at Bharat Startup Summit 2026, Bengaluru. Three retail leaders - Krishnan Padmanabhan, Head – Operations, India, Titan World; Uttam Rathod, Asst VP, Reliance Retail and Vinay Tiwari, Director Sales, MakeMyTrip - shared their franchise growth model.
Company-Owned vs Franchise-Owned: How Top Brands Scale
1. Titan World Franchise Model - 85% Franchise Network Titan has 1,300+ Titan Watch Stores, 500+ Tanishq Jewellery Stores and 800+ Titan Eye+ Stores. 85% of its network is FOFO Model Franchise Stores and 15% is COCO Model.
Titan launches new business verticals with Company-Owned Company-Operated (COCO) stores in premium markets like Mumbai, Delhi, Bengaluru. Once the brand is established, it shifts to Franchise Owned Franchise Operated (FOFO) Model for pan-India expansion.
2. MakeMyTrip Franchise Model - 100% FOFO MakeMyTrip runs zero company-operated stores. It wants to create Travel Entrepreneurs across India through its Travel Agency Franchise Opportunity.
3. Reliance Retail Franchise Model - Focus on Tier 2 Tier 3 Reliance Retail runs large-format stores itself but scales small-format brand stores like Zivame, Amante, John Players, Lee Cooper through Retail Franchise Partnership in Tier 2 and Tier 3 Cities.
What Makes a Right Franchise Partner? Investment is Not Enough
Top brands are not looking for just capital. They are looking for cultural fit and long-term business commitment.
For Titan Franchise: Background check, retail portfolio, and operational involvement are mandatory. Franchisee Investment Capability + Retail Management Experience.
For MakeMyTrip Franchise: Passion is first. A franchisee must be a travel enthusiast with high social currency, strong local network, and community goodwill. Experience in forex, visa, or retail business is an added advantage for this Travel Franchise Business.
For Reliance Retail Franchise: Customer Experience and Service Excellence is key. In FOCO and FOFO models, the partner must deliver premium customer service daily.
Why Local Market Knowledge is the Biggest ROI Driver
All three brands said - Local Roots = Higher Sales.
- Titan: Wants franchise partners who live in the same city as the store. Local franchisee understands local customer buying behavior.
- MakeMyTrip: Shared an example from Gujarat where travelers want vegetarian food even in Antarctica and travel with a personal Maharaj. Only a local, well-connected franchise partner can handle such hyper-local customer demand.
- Reliance Retail: For low investment franchise stores in small towns, a local partner gives better customer retention and high rent-to-revenue ratio.
Low Investment Entry, High Growth: Start Small, Scale Big
Top brands follow a Multi-Unit Franchise Growth Strategy.
- Titan: New franchise partners start with low investment business models like Titan Watches or Titan Eye+. After 3-5 years, they graduate to high investment, high margin franchise like Tanishq Jewellery Franchise.
- MakeMyTrip Franchise Cost & Models:
- Experience Centre (Metro Cities): Rs. 25-30 Lakh Investment
- Exclusive Store (Tier 2 City): Rs. 10-15 Lakh Investment
- Exclusive Store Mini (Tier 3, Tier 4 Towns): 200-300 sq. ft., Low-Cost Franchise Opportunity
Even a small store can give high ROI. They opened a Mini Store in Imphal and booked a Rs. 1.2 Crore Antarctica group package in week one.
- Reliance Uses compact standalone stores as an entry-level franchise opportunity for first-time franchise investors in India.
Long-Term Franchise Partnership: More Than Just Store Opening
Franchise Business is not a one-time investment.
Titan tracks partner PBT (Profit Before Tax) levels regularly to ensure franchise profitability and financial health.
MakeMyTrip shares 25 years of customer data and demand forecasting with its franchise partners before store launch, ensuring high business viability.
Reliance Retail sees its franchise network as central to its next phase of retail expansion in India.
Final Takeaway for Franchise Investors:
If you are looking for Best Franchise Business in India in 2026, top brands want 3 things:
1. Local Credibility & Market Knowledge
2. Cultural Fit & Long-Term Commitment
3. Retail Understanding & Customer Service Mindset
Capital opens the door, but Local Roots + Business Acumen + Long-Term Vision builds a Profitable Franchise Partnership.
Looking for Titan Franchise, MakeMyTrip Franchise, or Reliance Retail Franchise? Contact Franchise Elect for Franchise Cost, Profit Margin, and ROI Analysis.
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