With India’s retail sector booming and consumer demand for everyday essentials at an all-time high, starting a grocery store franchise is one of the most reliable business opportunities in 2024. From metro cities to tier-2 towns, organized grocery stores are fast replacing traditional kirana shops, offering consumers convenience, better pricing, and a wider range of products.
If you're considering entering this sector, here are the best grocery store franchise brands in India for 2024 that offer great value, support, and growth potential.
1. Reliance Smart Point
Reliance Smart Point, under the umbrella of Reliance Retail, is rapidly expanding across India. These neighborhood grocery stores offer everything from fresh produce to household goods, personal care, and dairy products.
Why Choose Reliance Smart Point?
Backed by one of India’s largest retail chains
Strong supply chain and logistics network
Integrated with JioMart for online delivery
Investment: ₹25–₹40 lakhs
Area Required: 500–1,200 sq. ft.
2. More Retail
More is a well-established brand in the Indian grocery store space, offering hypermarkets and supermarkets with a focus on fresh food, packaged goods, and everyday essentials.
Key Highlights:
Trusted brand with pan-India presence
Multiple store formats (More Supermarket, More Hypermarket)
Efficient backend supply and vendor support
Investment: ₹30–₹50 lakhs
Area Required: 800–1,500 sq. ft.
3. Spencer’s Retail
Spencer’s is one of India’s oldest organized grocery store brands. Known for high-quality food items, gourmet products, and customer experience, it’s a strong choice for entrepreneurs in urban markets.
What Makes Spencer’s Unique?
Premium feel with diverse product range
Loyal customer base in metro cities
Excellent store design and merchandising support
Investment: ₹40–₹60 lakhs
Area Required: 1,000–2,000 sq. ft.
4. Easyday Club (Future Retail)
Easyday is a neighborhood grocery store format designed for convenience and accessibility. Though its parent company, Future Retail, has faced restructuring, the brand continues to have recognition and reach.
Why Easyday?
Affordable franchise model
Focus on membership benefits and local engagement
Simple store formats for small and medium investors
Investment: ₹10–₹25 lakhs
Area Required: 500–1,000 sq. ft.
5. Big Mart
Big Mart is an emerging grocery store franchise that’s expanding rapidly across tier-2 and tier-3 cities. It offers food, FMCG products, household essentials, and general merchandise.
Why Consider Big Mart?
Low investment, fast return model
Strong support in marketing and procurement
Popular in semi-urban and rural markets
Investment: ₹10–₹20 lakhs
Area Required: 400–800 sq. ft.