TL;DR: Opening a Zudio franchise in India requires a total investment of ₹50 lakhs to ₹3 crore under the FOCO (Franchise Owned, Company Operated) model. Zudio is operated by Trent Limited (Tata Group) and has 850+ stores across 250+ cities as of early 2026. However, be extremely cautious — multiple documented scams have cost victims up to ₹65 lakhs through fake franchise websites. Always verify through Trent Limited’s official channels only.
I’ve been tracking franchise opportunities in India for years now, and Zudio is one of the hottest searches in the retail franchise space — and for good reason. A Tata Group brand, affordable fashion, 850+ stores, and a franchise model that doesn’t require you to manage daily operations? Sounds like a dream.
But here’s the reality most articles won’t tell you: the Zudio franchise landscape is filled with misinformation, conflicting data, and outright scams. I’ve seen people lose ₹10 lakhs, ₹65 lakhs — real money — to fake “Zudio franchise” websites that look convincing but have zero connection to Trent Limited.
In this guide, I’ll give you the complete picture — verified costs, the real business model, profit potential, and most importantly, how to protect yourself from franchise fraud.
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Zudio in India — A Quick Overview
Zudio is India’s fastest-growing value fashion brand, and understanding its background is essential before you consider investing. Here are the key facts:

| Detail | Information |
|---|---|
| Brand | Zudio |
| Parent Company | Trent Limited (Tata Group) |
| Founded | 2016 (first store in Bangalore) |
| Stores in India | 854+ across 250+ cities (as of December 2025) |
| International Presence | 4 stores in the UAE |
| Product Range | Apparel, footwear, and accessories for men, women, and kids |
| Price Range | ₹49 to ₹999 (most items under ₹500) |
| Business Model | FOCO (Franchise Owned, Company Operated) |
| Trent Q3 FY26 Revenue | ₹5,259 crore (17% YoY growth) |
| Trent Q3 FY26 Net Profit | ₹640 crore (36% YoY growth) |
| Zudio’s Revenue Share | ~66% of Trent Limited’s total revenue |
Zudio has grown at a 41% CAGR in revenue over the last few years, making it one of the fastest-growing retail brands in India. In Q3 FY26 alone (October-December 2025), Trent opened 48 new Zudio stores — that’s roughly one new store every two days.
The brand’s strategy is simple but effective: offer trendy, fast-fashion clothing at prices that undercut every competitor. When most items cost under ₹500, the footfall is massive — and that’s what makes the franchise model attractive to investors.
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Does Zudio Actually Offer Franchises in India?
This is the question most articles dance around — and I’m going to be straightforward with you.
Zudio operates on a FOCO (Franchise Owned, Company Operated) model. In this model, you (the franchisee) invest the capital to set up the store — the real estate, interiors, and initial setup costs. Once the store is operational, Trent Limited takes over complete management of daily operations including staffing, inventory, sales, visual merchandising, and supply chain.
Here’s what that means in practice:
- You own the store infrastructure — you bear the capital expenditure for setup, interiors, and fixtures
- Zudio runs the store — they handle hiring, training, inventory management, pricing, and operations
- You earn a percentage of revenue — typically through a revenue-sharing arrangement rather than running the business yourself
- You don’t manage employees or stock — Zudio’s operational team handles everything
⚠️ Important Clarification:
Some sources claim Zudio operates a COCO (Company Owned, Company Operated) model where all stores are fully owned and managed by Trent Limited. The reality is that Zudio uses both models — many stores are company-owned, while others follow the FOCO model where external investors fund the store setup.
Trent Limited does not publicly disclose the exact split between COCO and FOCO stores. If you’re interested, contact Trent directly through their official website to verify current franchise availability in your target market.
The FOCO model has a clear advantage for Zudio — it lets them expand rapidly without putting up the capital for every single store. This is exactly how they’ve gone from a handful of stores in 2016 to 850+ stores in just 9 years. For investors, the advantage is that you don’t need retail experience — Zudio’s team runs the show.
The downside? You have very little control over operations. If the store underperforms, you’re still on the hook for the investment.
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Zudio Franchise Cost in India — Complete Breakdown
The total investment for a Zudio franchise varies significantly based on your city, store size, and location type. Here’s the detailed cost breakdown based on publicly available data and franchise listing sources:
| Cost Component | Amount (₹) |
|---|---|
| Franchise/Brand Fee | ₹10 lakhs — ₹15 lakhs (one-time) |
| Store Setup & Interiors | ₹30 lakhs — ₹1.2 crore |
| Security Deposit | ₹20 lakhs — ₹30 lakhs |
| Initial Inventory | ₹15 lakhs — ₹20 lakhs |
| Stamp Duty & Registration | ₹10 lakhs — ₹20 lakhs |
| Consultancy Fee | ₹2 lakhs — ₹5 lakhs |
| Total Investment | ₹50 lakhs — ₹3 crore |
Let me break down why there’s such a wide range. A Zudio store in a tier-3 city like Shimla or Raipur with a smaller footprint (3,000-4,000 sq ft) will cost significantly less than a flagship store in a Mumbai or Delhi mall requiring 6,000-8,000 sq ft.
Here’s how the costs typically vary by city tier:
| City Tier | Estimated Investment | Store Size |
|---|---|---|
| Tier 1 (Mumbai, Delhi, Bangalore) | ₹1.5 crore — ₹3 crore | 5,000 — 8,000 sq ft |
| Tier 2 (Jaipur, Lucknow, Pune) | ₹80 lakhs — ₹1.5 crore | 4,000 — 6,000 sq ft |
| Tier 3 (Raipur, Shimla, Udaipur) | ₹50 lakhs — ₹80 lakhs | 3,000 — 5,000 sq ft |
On top of the initial investment, you should budget for these recurring costs:
| Recurring Cost | Amount |
|---|---|
| Brand Royalty Fee | 10 — 16% of gross sales |
| Monthly Rent | ₹1 lakh — ₹5 lakhs (varies by city) |
| Utilities & Maintenance | ₹30,000 — ₹1 lakh/month |
Agreement Terms:
The standard franchise agreement for Zudio is approximately 7 years, with renewal options based on store performance and compliance with Trent’s operational standards. The 10-16% royalty fee means 84-90% of revenues stay with the franchisee — which is a competitive split compared to most food franchise models.
A word of caution: Trent Limited does not publicly disclose official franchise pricing. The figures above are compiled from franchise listing platforms, industry reports, and investor discussions. Always verify the exact costs directly with Trent before committing any money.
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Financial Requirements You Must Meet
Zudio isn’t a franchise you can start with limited savings. Here are the financial and operational criteria you need to meet:
| Requirement | Details |
|---|---|
| Total Investment Capacity | ₹50 lakhs — ₹3 crore (depending on city tier) |
| Working Capital Reserve | 6-12 months of operating expenses |
| Retail Space | 3,000 — 8,000 sq ft in high-traffic area |
| Location Type | Malls, high streets, commercial hubs with heavy footfall |
| Retail Experience | Prior retail/business experience preferred (not mandatory) |
| Agreement Duration | ~7 years (renewable based on performance) |
Compared to a KFC franchise which demands ₹10 crore net worth, Zudio is significantly more accessible. But compared to a Domino’s franchise at ₹50 lakhs to ₹1 crore, the upper end of Zudio’s investment range is substantial.
The biggest investment component is real estate. Zudio stores need large floor areas (3,000-8,000 sq ft) in prime locations to display their wide product range. If you already own a suitable commercial property, your total investment drops significantly since you eliminate rental costs.
✍️ Author’s Note:
If you have ₹50 lakhs to ₹1 crore and want a retail franchise, Zudio is worth exploring — especially if you’re in a tier-2 or tier-3 city where the brand is still expanding. But if your budget is under ₹30 lakhs, look at smaller retail franchise options instead. Don’t stretch your finances for this.
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Zudio Franchise Profit and ROI — What to Expect
Let’s talk numbers. This is what most people want to know — how much can you actually make from a Zudio franchise?
| Revenue Metric | Estimated Range |
|---|---|
| Monthly Sales (Per Store) | ₹15 lakhs — ₹1 crore |
| Annual Revenue (Per Store) | ₹1.8 crore — ₹12 crore |
| Gross Profit Margin | 16% — 20% |
| Net Profit Margin (After Royalty) | 10% — 15% |
| Monthly Net Profit | ₹1.5 lakhs — ₹15 lakhs |
| Break-Even Period | 2.5 — 5 years |
| ROI (Annual, After Break-Even) | 15% — 25% |
A few things to note here. Zudio’s average selling price is extremely low (₹49-₹999), which means profitability depends heavily on volume. A store in a high-traffic mall in a tier-1 city can do ₹70-100 lakhs in monthly sales, while a smaller store in a tier-3 city might do ₹15-30 lakhs.
For context, Trent Limited itself reported gross margins of 46.2% in FY2024 with a 40% return on capital employed. Obviously, that’s at the corporate level (includes manufacturing and supply chain margins), but it tells you the brand is highly profitable as a whole.
The real advantage of Zudio’s model is the high footfall and repeat purchases. When clothes cost ₹199-₹499, customers buy more frequently. I’ve personally visited Zudio stores that were packed on weekday afternoons — that kind of consistent traffic is exactly what makes retail franchises work.
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How to Apply for a Zudio Franchise in India
If you’re serious about a Zudio franchise, here’s the step-by-step process. Only use official Trent Limited channels — I cannot stress this enough (more on why in the scams section below).
Step 1: Visit the Official Trent Limited Website
Go to Trent Limited’s official franchise page or the Zudio franchise enquiry section. Look for the franchise application or business enquiry form.

Step 2: Fill in Your Business Details
The application form asks for your personal information, business experience, financial capacity, proposed store location, and property details. Be thorough and accurate — incomplete applications are typically ignored given the volume of enquiries Zudio receives.
Step 3: Screening and Location Assessment
If your profile meets their criteria, Trent’s team will review your financials, assess the proposed location’s viability (foot traffic, demographics, competition), and verify your business background. This stage can take several weeks.
Step 4: Agreement and Store Setup
Upon approval, you’ll sign the franchise agreement (approximately 7-year term), pay the franchise fee and security deposit, and begin the store setup process. Zudio provides detailed guidelines for store interiors, fixtures, and branding to ensure consistency across all outlets.
Step 5: Training and Launch
Trent provides comprehensive training covering brand standards, store operations, and compliance requirements. Once the store meets all quality checks, you’re ready to launch. From application to opening day, the entire process typically takes 3-6 months.
Something to Note: Fill out the official form carefully and provide accurate information. Zudio receives a large volume of franchise enquiries, and applications with incomplete or incorrect details are typically discarded. If you have questions about specific sections, contact Trent Limited directly through their official contact page.
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Documents and Licenses Required
If you reach the approval stage, you’ll need these documents and licenses ready before operations can begin:
| Document/License | Purpose | Issuing Authority |
|---|---|---|
| GST Registration | Tax compliance for goods and services | Central/State GST Department |
| Trade License | Permission to operate retail business | Local Municipal Corporation |
| Shop & Establishment License | Labor law and business hours compliance | State Labor Department |
| EPF & ESIC Registration | Employee provident fund and insurance | EPFO / ESIC |
| Fire Safety Certificate | Fire prevention compliance for retail space | Fire Department |
| Proof of Identity & Address | KYC verification (Aadhaar, PAN, passport) | Government-issued |
| Financial Documents | Bank statements, ITR, net worth certificate | Bank / CA |
| Property Documents | Ownership proof or lease/rental agreement | Property owner / Registrar |
| Business Plan | Projected financials and market analysis | Self-prepared |
| NOC (No Objection Certificate) | Various clearances depending on location | Local authorities |
The GST registration and Trade License are the most critical — you cannot legally operate a retail store in India without them. Start the application process for these early, as approvals can take 15-45 days depending on your state.
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WARNING: Zudio Franchise Scams You Must Know About
This is the section I wish every Zudio franchise article included — because people are losing real money to sophisticated franchise scams. Here are documented cases:
🚨 Documented Zudio Franchise Scams:
1. Kolkata Arrest (2025): Jitendra Singh, the mastermind behind a nationwide fake Zudio franchise operation, was arrested at Kolkata Airport by Mandsaur Police. He created fake websites mimicking Trent Limited’s branding and collected franchise fees from victims across multiple states.
2. Pune Case: A businessman from Pune lost ₹10 lakhs after cybercriminals posed as official Zudio franchise representatives and convinced him to transfer money for a “franchise booking fee.”
3. Shikaripura Case: A 25-year-old entrepreneur lost ₹65 lakhs to a sophisticated scam that used a professional-looking Google Form with Zudio branding. The scammers collected payments in multiple installments before disappearing.
These are just the reported cases. Many more go unreported.
Here’s how to protect yourself:
- Only use official channels — the legitimate website is
trentlimited.com. Be suspicious of domains like “zudiofranchise.com”, “trent-zudioz.com”, or “trentzuidofranchise.com” — these are NOT official Trent Limited websites - Never pay franchise fees to individuals — Trent Limited does not use third-party agents or brokers to collect franchise payments
- Verify email addresses — official Trent communications come from @trent-tata.com domains. Any other email domain is suspect
- Never transfer money via Google Pay, PhonePe, or personal bank accounts — legitimate franchise payments go through corporate banking channels
- Visit existing Zudio stores — talk to the store manager and ask about the franchise process. They can point you to the right contact at Trent
- Demand a face-to-face meeting at Trent’s corporate office before signing anything or transferring money
The rule is simple: if it feels too easy, it’s probably a scam. Legitimate franchise processes involve multiple rounds of verification, legal documentation, and in-person meetings — not a Google Form and a UPI payment request.
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Zudio vs Other Franchise Options in India — Comparison
To help you evaluate whether Zudio is the right franchise investment, here’s how it compares with other popular franchise options in India:
| Factor | Zudio | KFC | Domino’s |
|---|---|---|---|
| Industry | Fashion Retail | QSR (Fast Food) | QSR (Pizza) |
| Total Investment | ₹50L — ₹3 Cr | ₹1.5 — ₹2.5 Cr | ₹50L — ₹1 Cr |
| Franchise Fee | ₹10 — ₹15L | ₹36 — ₹40L | ₹5 — ₹10L |
| Royalty Fee | 10 — 16% | 4 — 5% | 5.5% |
| Space Required | 3,000 — 8,000 sqft | 1,000 — 1,500 sqft | 1,000 — 1,500 sqft |
| Business Model | FOCO | Master Franchise | FOFO |
| Break-Even | 2.5 — 5 years | 3 — 5 years | 2 — 3 years |
| Net Profit Margin | 10 — 15% | 7 — 12% | 10 — 15% |
| Individual Franchise? | Yes (FOCO) | No (master only) | Yes |
| Parent Company | Trent (Tata Group) | Yum! Brands | Jubilant FoodWorks |
Zudio’s biggest advantage over food franchises is the lower operational complexity — no perishable inventory, no kitchen operations, no food safety regulations. The FOCO model also means you don’t need retail management experience since Trent handles operations.
However, the royalty fee is significantly higher at 10-16% compared to KFC’s 4-5% or Domino’s 5.5%. And Zudio requires much more floor space, which means higher rent in prime locations.
If you’re interested in food franchises specifically, check out our detailed guides on KFC franchise cost in India and Domino’s franchise in India for comprehensive breakdowns.
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Frequently Asked Questions
How much does a Zudio franchise cost in India in 2026?
The total investment for a Zudio franchise ranges from ₹50 lakhs to ₹3 crore depending on the city tier and store size. This includes a franchise fee of ₹10-15 lakhs, store setup costs of ₹30 lakhs to ₹1.2 crore, security deposit of ₹20-30 lakhs, and initial inventory around ₹15-20 lakhs.
Is the Zudio franchise model FOCO or COCO?
Zudio uses a FOCO (Franchise Owned, Company Operated) model for franchise outlets. You invest the capital to set up the store, and Trent Limited manages all daily operations including staffing, inventory, and sales. However, many Zudio stores are also COCO (company-owned), so the brand uses both models.
What is the profit margin of a Zudio franchise?
A Zudio franchise typically generates a net profit margin of 10-15% after the 10-16% royalty fee. Monthly sales can range from ₹15 lakhs to ₹1 crore depending on location and footfall. The break-even period is usually 2.5-5 years.
How do I apply for a Zudio franchise?
Apply only through official Trent Limited channels at trentlimited.com. Fill out the franchise enquiry form with your personal details, financial capacity, business experience, and proposed store location. Never apply through third-party websites or pay franchise fees to agents — multiple fraud cases have been documented.
Is the Zudio franchise a scam?
The Zudio franchise itself is legitimate — it’s operated by Trent Limited (Tata Group). However, multiple fake franchise scams have been documented, with victims losing ₹10 lakhs to ₹65 lakhs through fake websites impersonating Trent. Always verify through official channels and never pay through personal bank accounts or UPI.
How many Zudio stores are there in India?
As of December 2025, Zudio operates 854+ stores across 250+ cities in India, plus 4 stores in the UAE. The brand adds approximately 40-50 new stores per quarter, making it one of India’s fastest-growing retail chains with a 41% revenue CAGR.
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Summing Up!
Zudio is one of the most promising retail franchise opportunities in India right now — backed by the Tata Group, growing at 41% CAGR, and operating 850+ stores. The FOCO model makes it attractive because Trent handles all operations while you provide the capital.
But here’s my honest take: do not rush into this. Visit 4-5 Zudio stores in your target market. Observe the footfall on weekdays and weekends. Talk to store managers. And most importantly, only deal with Trent Limited directly — the franchise scam landscape around Zudio is dangerous, and victims have lost up to ₹65 lakhs to fake websites. Verify everything, demand face-to-face meetings at Trent’s corporate office, and never transfer money to personal accounts.
If the investment range fits your budget and your proposed location has strong foot traffic, Zudio is worth serious consideration. If you’re also evaluating food franchise options, compare this against KFC and Domino’s to find the best fit for your capital and risk appetite.
Disclaimer:
This article is based on extensive research using publicly available data from franchise listing platforms, Trent Limited’s financial reports, and verified news sources. The investment costs, ROI figures, and profit margins are estimates — actual numbers may vary based on location, store size, and market conditions.
Trent Limited does not publicly disclose official franchise pricing. Always verify all figures directly with Trent before making any investment decisions.
If you find any incorrect information on this page, please let us know at hello@theguidex.com.