Business & Strategy
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Activity:
Question posted: 02 01 2011 21:01:11 +0000,
12 answers, 255 views, last activity
02 08 2011 11:07:55 +0000
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What is the business investment opportunity in India and which State would be the best option?
The business opportunities in India is huge... but its upto u how u r going to grab the opportunity. India provides a flourishing business opportunity in services, hospitality, healthcare, green technology, education,etc.
Any state will be good to start a business as every state the minimal resources to start a business. Further there will be no shortage for manpower as India is flourishing with unemployment.
I am a project finance consultant. I have come across many projects. I have found in each project, the entrepreneur has some personal plus. For instance, a week before, a person from a different town (referred by the industries department there) came to me with a packaging industry project. His approach was simple.. I have undertaken services to a cooking oil major in my town and established contacts. I know about this industry. I can produce and comfortably sell in this project. You arrange finance...
I asked him what he would do if the company on which you are depended upon goes down or you stop receiving your orders? He quoted statistics to say that all packaging industries in the district are doing well and not all of them are depending on this oil company.
I went to kSFC to ask if any packaging industry is sick and available for sale. They said none.
I am not pushing packaging industry in this platform. I would say for an entrepreneur, one should advise a project which he can either produce exceptionally well or sell exceptionally well. General industry scenario should be positive and the entrepreneur should have a personal plus.
Any person is welcome to approach me. I would first understand the entrepreneur. I would then definitely suggest to him a good project that matches his strengths including the size of his purse.
Other than that, one should not venture into a project on general information available in this platform. At best, one can get a laundry list. One needs to go further than this, if he/she has to succeed as an entrepreneur.
South indidian Hindu population is about 45 crores. Every Hindu desires to take up Piligrimage to Kashi / varanasi and Rameshwaram in his/ her life time. Most of them are above 50 yrs age .
As such the potentiality is in this tourism sector,s part is not properly asessed.
At present the tourist operators are doing business on conventional- commercial lines.
But the specific needs of senior cityzens are different.
Generally people visit Kash once and Rameshwaram twice or vice versa.
They are old. They need an assistant . They need security from the begining to the end of the piligrimage.
Even Indian Ralways have not made a comprehensive tour package for senior cityzens where in a single train ( or train compartment ) can take them visit Both Rameshwaram in a single ticket and bring them bac home.
A business can be viewed , planned and venturedon these lines. I am sure it will grow in many folds in short time, and recieve high response from general public.
At present the piligrimage tours conducted by Travel agencies are priced on higher side and hence are affordable to higher middle class people.
Other wse available services of Indian Railways are not manageable for middle class and others as they tend to be less coordinative in long tours. Hence a Single Train which could make them visit both the holy centres at North and South will give them easily a life time dream come true.
I further suggest that a Corporate body may design a Special Train on line with palace on wheels, and run between Kashi and Rameshwar. There should be a specific helper for each senior cityzen / couple to ensure securty . Guides should be arranged at pil.....centres .
In such comprehensive plans earning members of a family can happily send their aged parents for piligrimage , with no worry.
Since the schemes suggested are mor customer centric, business is well ensured.
Again the pilgrimage business can be planned according to affordable charges and quality of facilities.
HENCE A CONDUCTED PILGRIMAGE TOUR BUSINESS ON ABOVE LINES has good scope in India.
ONLY CORPORATE HOUSE CAN VENTURE IN THESE LINES. HERE EARNING MAY BE SMALL FOR EACH TICKET SOLD. BUT NUMBER OF TICKETS WILL GO ON INCREASING DAY BY DAY.
Later on Central /state Goverments will extent pilgrimage subsidy to the scheme and Busiess will be 100 % assured
Why nobodies talking about consumer product marketing. As the population is growing,consumption of consumer products also.....
A Ordinary person with few Thousands also can start business in taking dealership of some consumer products....As the margin will be approximately 10-20 %. he can do good business and earn atleast his running cost.
If they do it in big valume,then their Income also will grow......
We are offering that opportunity in our Mosquito repellent products.... www.safnnite.com refer our webite for more details.
All depends upon the investment Objectives .India is a diverse country and offers immense potential for FDI.But there are sectors like Education,Realty Sector, Microfinance, Health, Hospitality, Infrastructure,SHG, BPO and education which provides opportunities irrespective of Location. Thanks
R S Nambi
Consultant-World Bank
Truly believe that the potential for education is immense, it is timeless and mostly immune to the fluctuating trends in the economy and recessional downturns. There are varied avenues that are yet to be explored and a lot of untapped talent and potential. Also gives a great sense of fulfillment in shaping the future of the country.
Hello,
I would be interested to know why no one has mentioned about construction? Isn't the infrastructure development business a big boom?
And as Mr. Shah says: Technology and Automobile - could you please elaborate on this?
I like that Mr Saurabh pointed out on a very good option - Green Technology.
Thanks.
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Hello, I would be interested to know why no one has mentioned about construction? Isn't the infrastructure development business a big boom? And as Mr. Shah says: Technology and Automobile - could you please elaborate on this? I like that Mr Saurabh... |
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