New Delhi, India — Jerai Fitness Limited, an international manufacturer of gym equipment based in India, and enjoying more than three decades of experience in the industry, has announced a wide-ranging Buyback Program to gym owners beginning January 1, 2026. The program is likely to make a big difference in assisting fitness companies to upgrade to the latest generation of gym equipment without compromising on the desirable cost-saving.
The buyback offer, which continues until Republic Day (January 26, 2026), allows the gym operators to give the old fitness equipment of any brand or condition and get up to 50% discount on new Jerai Fitness gym equipment, including strength training machines and full setup solutions.
The aim of this strategic program is to stimulate gym equipment renewal, commercial gym modernisation, and more coverage of advanced workout equipment in the Indian market, which continues to experience growth in terms of fitness.
The industry study indicates that as per the 2024 market size of the Indian fitness equipment market, the market is expected to reach Rs. 4,600 crore in 2029 and increase by an annual compound rate (CAGR) of about 13%. It is also estimated that the quantity of gyms in the country will grow substantially with approximately 104,000 facilities in 2024 to close to 151,000 facilities in 2029 due to increased health awareness and the need to experience quality gyms.
Jerai has a large product line with strength training systems, cardio machines, functional training stations, fitness accessories– all designed to complement a wide range of workout programs and the changing fitness objectives. Since it now offers treadmills and elliptical trainers, as well as free weights, multi-gyms, and plyometric equipment, the brand is intended to cater to not only commercial gyms but also to personal training environments.
It was observed that due to the fast changing fitness culture of India by Rajesh Rai, Chairman and Managing Director of Jerai Fitness Limited that the company buyback initiative will empower the gym owners and fitness entrepreneurs to remain competitive with new, sustainable and economical gym equipment. With its focus on improving the development of the fitness infrastructure, Jerai strengthens its intentions to empower healthy lifestyles and improve the workout experience in every region.
To attract and retain its members, it is important that gym operators ensure that they have the latest gym equipment. This buyback program is able to refresh equipment lifecycle as well as assist businesses to optimize the spending in addition to increasing the satisfaction and retention of members by providing improved facilities.