Indofast Energy, India’s leading battery-swapping solutions provider, has launched its franchise program, offering entrepreneurs and business owners an opportunity to participate in India’s electric mobility revolution with potential returns of up to 30% annually. With this program, the company aims to democratize access to the rapidly growing EV infrastructure through a low-risk, high-return business model, with focused expansion in key Tier-I and Tier-II cities including Jaipur, Mumbai, Pune, Bengaluru, Hyderabad, and Chennai.
Indofast Energy, a 50:50 joint venture between IndianOil Corporation Limited and SUN Mobility, has over 200 successful franchise partner stations currently operational across 12+ cities. This model will enable partners to establish battery swap stations with minimal space requirements of 250 square feet and investment ranging from ₹10 lakhs to ₹40 lakhs. It offers three scalable formats – Swap Point, Swap Hub, and Swap Junction – allowing partners to curate a business model of their choice based on the available space and investment capacity. Each format delivers impressive returns ranging from 1.7x to 2.7x on investment, with the company providing end-to-end support, from site assessment to operations. Additionally, the referral program creates supplementary income streams for existing partners, building a community-driven ecosystem that rewards successful franchisees who help accelerate network expansion.
This hassle-free business model provides access to Indofast Energy’s growing battery swapping infrastructure network that has already facilitated over 44.5 million battery swaps while serving 50,000+ vehicles nationwide, demonstrating robust market demand. With this program, partners are expected to benefit from tech-driven automated operations with assured earnings through fixed returns plus revenue share, comprehensive training, and zero operating.
This expansion comes at a pivotal moment when India’s electric vehicle market is experiencing exponential growth, driven by the gig economy’s expansion and increasing environmental consciousness. Representing a future-ready business opportunity, Indofast Energy’s franchise model aligns perfectly with India’s push toward sustainable mobility, offering financial returns with environmental impact. With minimal operating costs and strong earnings potential, partners directly contribute to reducing urban emissions while supporting the livelihood of thousands of delivery partners and gig workers.
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