The Death of Fitness Industry in India
The Death of Fitness Industry in India The fitness industry in India is going through the most tough phase for last 6 months. Most of the gyms are struggling to survive because of ever increasing competition, which includes the new gym chains at every nook and corner, an increase in online portals such as Fitternity, Growfitter and Fitpass plus new gyms in the societies and buildings. The competition among the gyms is healthy, as who ever provide the best services and equipments will get the biggest chunk. There are various types of gyms, including the premium ones with bigger facilities and huge investments running in crores. Their biggest expense is rent, electricity, and salaries. The gym mainly earns through sale of memberships (mainly yearly packages) & personal...