In recent past india has become a favorite destination for foreign investments. With GPD growth rate consistently more than 8%, more and more foreign direct investment is being attrated towards India.
When I thought about the title " Business opportunities in India", I was having in my mind few sectors like software development, textile and leather in my mind. But, just to refresh my knowlege when I tried to go through web; it was a great pleasure to know that almost every sector is full of opportunities. You think of a type of industry and will notice that there are plenty of opportunities in each sector.
Just to give you a glance of rate of growth in few major sectors following is some information about % growth rate for various sectors in 2005-2006
Automotive 20.00%
Biotechnology 37.42%
Software and ITES (IT enabled services) exports 32.60%
Tourism 20.20%
Retail 20.00%
Heavy Industry 16.90%
Textiles 9.25%
Gems and Jewellery 6.32%
Steel 9.70%
Biotechnology 37.42%
Software and ITES (IT enabled services) exports 32.60%
Tourism 20.20%
Retail 20.00%
Heavy Industry 16.90%
Textiles 9.25%
Gems and Jewellery 6.32%
Steel 9.70%
When you look at above figures, initially it is really unbeliavible. But
these are facts. Opportunities everywhere.
It is upto wise investers to choose suitable sectors, plan properly and invest.
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