After failing to agree on a valuation, the family office of billionaire Sunil Mittal has pulled out of talks to buy a 49% share in Haier Appliances (India). The Chinese parent business of Haier India, Haier Group, was looking for a valuation of roughly $2 billion (INR 17,100 crore).
However, various media reports claimed that the bids the company received were much lower, with offers of about $600 million (INR 5,280 cr)—much less than the ask. Owing to these developments and due to a decline in valuation, Korean electronics powerhouse LG Electronics India may reduce the size of its initial public offering (IPO) from INR 15,000 crore to perhaps INR 12,000-13,000 crore, according to a source. Instead of selling a 15% interest as originally planned, the Korean corporation may now sell less than 15%.
Chinese Companies Scaling Back in India
According to media sources, Haier India may also think about going public, but no decision has been made yet. The Chinese business has been considering an exit for a number of months, and it has even had initial discussions with the biggest conglomerate in India, Reliance Industries Ltd (RIL). The proposed transaction was a part of a larger trend of Chinese companies reducing their exposure to India.
The Sajjan Jindal group agreed to purchase the majority of MG Motor India from Chinese automaker SAIC Motor last year. The Ant company used block transactions to withdraw its $246 million investment in Paytm in May.
Haier’s Journey in India
Since its 2004 entry into the Indian market, Haier has had a 14% market share in the refrigerator industry. It is still seen in single digits in air conditioners, televisions, and washing machines.
Its net sales in the calendar year 2023 (CY23) were INR 6,305.5 crore, up from INR 5,429 crore in 2022, and its net profit was INR 155.6 crore, up from a loss of INR 63.5 crore in 2022. The global statistics and business intelligence firm Statista projects that the Indian household appliances market will reach $64.3 billion in 2025 and increase at a 7.3% cumulative annual growth rate (CAGR) through 2030.
Quick
Shots
•Haier sought around $2B (INR 17,100
crore), offers came in at around $600M (INR 5,280 crore).
•LG Electronics India may cut IPO size
from INR 15,000 crore to INR 12,000–13,000 crore.
•Haier exploring IPO; Reliance was in
early talks. Part of broader trend of Chinese firms scaling back in India.
•Sajjan Jindal group buying MG Motor
India stake; Ant Group exiting Paytm with $246M block deal.
•Haier’s net sales around 6,305.5
crore (vs. INR 5,429 crore in 2022); Net profit INR 155.6 crore (vs. INR 63.5
crore loss in 2022).
India’s electronics market is experiencing explosive growth, driven by advanced technology, rising disposable incomes, and an insatiable demand for the latest gadgets. From smartphones and wearables to smart home devices, consumers are embracing tech like never before, making this sector one of the most vibrant in the country. For ambitious entrepreneurs, electronics retail franchises offer a low-risk, high-reward entry into this booming industry. With established brand trust, scalable business models, and comprehensive support, franchising provides a faster and more secure route to profitability.
Here are the top 10 electronics retail franchises in India for 2025, brands that are changing the way Indians shop and experience technology.
Why Should You Invest in an Electronics Store Franchise in India?
Electronics have become a necessity rather than a luxury. There is no day without a smartphone, television, laptop, or kitchen appliances. Here are a few reasons why you should consider this segment:
Huge Market Potential: India is the world’s second-largest smartphone market and a key hub for consumer electronics. According to Statista, the consumer electronics market is projected to grow at a CAGR of 6.9% from 2025 to 2030.
Rising Digital Penetration: With the government’s Digital India initiative and 5G rollout, more people are upgrading to smart devices, leading to higher sales of electronics.
Easy Finance & EMI Options: Brands and retailers now offer easy EMI options, no-cost financing, and attractive discounts, making electronics affordable for a larger customer base.
Franchise Model Reduces Risk: Instead of starting from scratch, partnering with a reputed electronics brand ensures brand trust, supplier support, and better margins.
5 Benefits of Owning an Electronics Store Franchise
Strong Brand Recognition – Customers trust established names like Croma, Reliance Digital, or Vijay Sales, which gives franchise owners an instant advantage. This credibility attracts footfall and reduces the need for huge local marketing efforts.
Marketing & Advertising Support – Most brands invest heavily in advertising campaigns and provide promotional support. Franchise owners benefit from national and digital campaigns without spending extra on brand-building.
Assured Supply Chain – Brands ensure the timely delivery of products, which means no inventory hassles for the franchisee. This minimizes stock shortages and ensures customers always find the latest products in-store.
Training & Operational Support – From store design to staff training, franchisors provide complete guidance. This helps even first-time entrepreneurs run the business professionally and efficiently.
High Demand, Year-Round Sales – Unlike seasonal businesses, electronics sales peak during festivals, sales events, and new product launches, ensuring steady revenue. With technology upgrades happening frequently, there’s always a reason for customers to shop.
Best 10 Profitable Electronics Store Franchise Businesses in India
Croma (Tata Group)
Franchise Investment
INR 2–3 Crore
Space Required
8,000 – 10,000 sq. ft.
USP
Wide portfolio of gadgets, appliances, and consumer electronics backed by strong Tata brand trust and omnichannel reach.
Croma – Best Profitable Electronics Store Franchise Businesses in India
Croma, powered by the Tata Group, is a pioneer in India’s organized electronics retail sector. It offers an extensive range of products, including smartphones, laptops, home appliances, and smart devices. Its strong brand reputation, festive offers, financing options, and omnichannel presence make it a preferred destination for consumers. For franchise partners, Croma ensures high trust value, strong backend support, and consistent customer demand.
Backed by Reliance Retail’s extensive supply chain and aggressive pricing.
Reliance Digital – Best Profitable Electronics Store Franchise Businesses in India
Reliance Digital dominates India’s electronics retail market with a wide network of stores offering gadgets, home appliances, and personal tech solutions. The brand leverages Reliance’s robust supply chain, competitive pricing strategies, and exclusive product deals to attract high customer footfall. With strong brand recall, omnichannel integration, and customer loyalty programs, Reliance Digital provides franchisees a profitable and future-ready retail model.
Orient Electric
Franchise Investment
INR 30–50 Lakh
Space Required
800 – 1,500 sq. ft.
USP
Strong product portfolio in energy-efficient appliances and brand legacy of over 60 years.
Orient Electric – Best Profitable Electronics Store Franchise Businesses in India
Orient Electric is a household name in India, known for its innovation in fans, lighting solutions, and home appliances. With growing demand for energy-efficient and stylish appliances, Orient Electric offers a great retail opportunity with strong brand support, a reliable supply chain, and nationwide marketing initiatives. Franchise partners also benefit from Orient’s aggressive expansion plans and strong dealer network support.
XElectron
Franchise Investment
INR 2–5 Lakh
Space Required
150 – 600 sq. ft.
USP
Affordable smart gadgets and projectors with a focus on modern lifestyle needs.
XElectron – Best Profitable Electronics Store Franchise Businesses in India
XElectron caters to tech-savvy customers with affordable projectors, smart devices, and innovative electronic solutions. With a booming demand for home entertainment and smart gadgets, the brand provides franchise partners a low-investment entry into the electronics retail space with promising margins. Its focus on budget-friendly innovation makes it popular among young and urban consumers.
Samsung Smart Café
Franchise Investment
INR 30–70 Lakh
Space Required
600–1200 sq. ft.
USP
Exclusive access to Samsung’s latest tech and strong customer loyalty.
Samsung Smart Café – Best Profitable Electronics Store Franchise Businesses in India
Samsung Smart Café is designed to offer a premium shopping experience for Samsung enthusiasts, showcasing the latest smartphones, tablets, wearables, and accessories. Backed by Samsung’s global reputation and robust product ecosystem, these stores guarantee steady footfall and repeat customers. Franchisees benefit from regular product launches and aggressive marketing campaigns by Samsung.
High-demand products including TVs, refrigerators, washing machines, and smart home solutions.
LG Electronics – Best Profitable Electronics Store Franchise Businesses in India
LG Electronics has earned customer trust with its innovative and energy-efficient home appliances. Franchise partners enjoy access to an extensive product line, a loyal customer base, and strong after-sales service support. Seasonal offers and financing schemes help boost store conversions and maintain consistent sales.
Kay Dee Electronics
Franchise Investment
INR 20–40 Lakh
Space Required
2,000 – 3,000 sq. ft.
USP
Multi-brand electronics retailer with strong presence across North India, offering top household and consumer electronic brands, competitive margins, and fine-tuned regional operations.
Kay Dee Electronics – Best Profitable Electronics Store Franchise Businesses in India
Kay Dee Electronics (operated by Kay Dee Audiovisions Pvt. Ltd.) is a trusted consumer electronics and appliance retail chain established in 1988. This multi-brand store stocks major global brands like LG, Samsung, Sony, Whirlpool, Panasonic, Daikin, Haier, Carrier, Voltas, IFB, Godrej, TCL, Vu, and more.
Sony Centre
Franchise Investment
INR 50 Lakh – 1 Crore
Space Required
500 – 1,000 sq. ft.
USP
Exclusive brand outlet for premium Sony products with strong brand recall and cutting-edge technology.
Sony Centre – Best Profitable Electronics Store Franchise Businesses in India
Sony Centre is the official retail chain for Sony products in India, offering a premium range of electronics, including Bravia TVs, audio systems, PlayStation consoles, cameras, and accessories. Known for its focus on innovation and superior customer experience, Sony Centre provides a brand-driven retail opportunity. Franchise partners benefit from Sony’s global reputation, strong product lineup, marketing support, and consistent demand from tech-savvy consumers.
Bajaj Electronics
Franchise Investment
INR 25–50 Crore
Space Required
2,000 – 3,000 sq. ft.
USP
Strong presence in India with a wide range of home appliances, electronics, and competitive pricing strategies.
Bajaj Electronics – Best Profitable Electronics Store Franchise Businesses in India
Bajaj Electronics is a well-established retail chain in the consumer electronics segment, particularly dominant in Telangana and Andhra Pradesh. The brand is known for offering an extensive selection of electronics, including TVs, refrigerators, washing machines, air conditioners, and kitchen appliances. With aggressive pricing, attractive EMI options, and strong regional brand loyalty, Bajaj Electronics ensures steady customer footfall.
Haier Experience Store
Franchise Investment
INR 30–70 Lakh
Space Required
Approximately 250 sq. ft. (compact retail outlet format)
USP
Exclusive showcase for Haier’s smart appliances and IoT‑based home solutions, delivering futuristic interactive displays and brand experience.
Haier Experience Stores – Best Profitable Electronics Store Franchise Businesses in India
Haier Experience Stores (also called Haier Experience Centres or Zones) are exclusive retail outlets conceptualized to present Haier’s latest innovations, refrigerators, washing machines, ACs, smart home appliances, and TVs, in immersive, lifestyle-oriented settings. These mini‑stores emphasize live product demos in smart kitchen, bedroom, and living room environments to enhance customer experience.
Conclusion
Electronics store franchises combine brand power, growing demand, and scalable business models, making them a lucrative choice for Indian entrepreneurs. With the right location, brand, and customer service, this business can yield impressive returns. Choosing a trusted brand with strong supply chain support and marketing assistance can significantly reduce risks and boost profitability.
What are the most profitable electronics store franchises in India?
The most profitable electronics store franchises in India are:
Croma (Tata Group)
Reliance Digital
Orient Electric
XElectron
Samsung Smart Café
LG Electronics
Kay Dee Electronics
Sony Centre
Bajaj Electronics
Haier Experience Store
Can I run an electronics store franchise in a small town or Tier-2 city?
Yes, you run an electronics store franchise in a small town or Tier-2 city.
What are the benefits of owning an electronics franchise over an independent store?
Owning a franchise ensures brand credibility, assured product supply, staff training, national marketing campaigns, and a proven business model—minimizing startup risks compared to independent ventures.
Is it necessary to have retail experience to run an electronics store franchise?
No prior retail experience is mandatory. Most electronics franchisors offer end-to-end operational training, staff hiring guidance, and store setup support to help first-time entrepreneurs succeed.
