Under Rs.75 Lakh
Investment Range
2000-4000 Sq.ft
Area Required
200+
Franchise Outlets
1950
Establishment Year

MAHINDRA EV Products and Services


The production of the jeep began in 1947. The company Mahindra and Mahindra got listed on Bombay Stock Exchange by 1956. By 1969, the company was ready to enter the world market. In the global market, the company exported utility vehicles and spare parts to other countries.

The Mahindra EV franchise requires an investment of between Rs 10 lakhs and Rs 20 lakhs. The franchise also requires an area of 2,000–4,000 square feet.

 

Mahindra is looking for franchise partners to expand its business. The franchise partner must align with the core values of the company. He should be passionate about the business. The partner must have basic technological knowledge.

 

He must be locally connected. The franchise partner must update himself with all the advancements and changes. He must respect the process and the system. Previous knowledge and experience in business are bonus points. The franchisee must have a strong financial position. The franchisee must also be well versed with local trends, values and the expectations of the customers.

MAHINDRA EV Cost and Investment


Commenced Operations

Operations commenced on
1950
Franchise commenced on
2000

Franchise Details

UNITS

Investment
Under Rs.75 Lakh
Franchise/Brand fee
Rs.20 Lakhs
Royalty/Commission
10%

Details

Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
15%
Likely payback period
24 - 36 Months
Other investment requirements
Rs.50 Lakhs to 1 Crore

MAHINDRA EV Expansion Plans


NORTH

Jammu & Kashmir,

SOUTH

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana,

EAST

Tripura,

WEST

Rajasthan,

CENTRAL

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh,

UNION TERRITORIES

Andaman & Nicobar, Chandigarh, Daman & Diu, Lakshadweep, Pondicherry,

MAHINDRA EV Property Requirements


Type of property required for this franchise
Commercial
Floor area requirement
2000-4000 Sq.ft
Preferred location of unit
Commercial

MAHINDRA EV Training


Training location
Ludhiana, Punjab
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
Yes

MAHINDRA EV Agreement Details


Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
Lifetime
Is the term renewable?
Yes

Interested in above brand? Submit your interest here.

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Franchise Times was promoted by professionals with over 25 years of hands on experience in Franchising. The foundations of Franchise Times were laid to assist entrepreneurs from start-ups, SMEs NGOs and corporates to develop sustainable franchise networks. Our multi-disciplinary and tested approach ensures that the appropriate talent and experience are applied at every stage of our work to ensure our clients' business needs are served professionally and in a cost effective manner.

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