BHUBANESWAR - Market Research and Opportunity Analysis Report
Report Inclusions
Geographical Analysis of a selected location| Demographical Analysis of selected location | Market Dynamics | Economical Overview | Environmental Analysis | Existing Infrastructure | Resources Availability | Market Potential - Untapped Opportunities | Potential Business Ideas and Ratings
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Executive Summary and Analysis • Bhubaneswar is the capital and largest city of Odisha. It is a center of economic, educational and cultural importance of East India. • The city is also known as the temple city of India. It is a center of economic and religious importance in Odisha. • Together with Puri and Konark, Bhubaneswar forms the “Golden Triangle”, one of the most visited destinations in east India. • Bhubaneswar is emerging as the new sports capital of India. It is the third Indian-city to host the Asian Athletics Championship (in 2017) after Delhi and Pune. • The city is categorized as a Tier-2 city. It is an emerging information technology (IT) and education hub. • The city is home to some elite institutions of India like; IIT, AIIMS, NIFT, NISER. • In a study of six cities in India, Bhubaneswar was ranked third concerning pedestrian infrastructure. Market Research and Opportunity Analysis Report BHUBANESWAR
Economical Analysis • • • • • •
Odisha has an agriculture based economy which is in transition towards an industry and service-based economy. The primary industries in Odisha are tourism, manufacturing, mining and quarrying fisheries, sericulture, handicrafts, textile, leather and bio-technology. An emerging IT hub, the boom in the metals and metal processing industries has made Bhubaneswar one of the fastest developing cities of India in recent years. Large MNCs and corporates have substantially invested in the state due to its rich natural resources and minerals. The city is also one of the top Foreign Direct Investment destinations in India. Bhubaneswar was ranked as the best place to do business in India by the World Bank in 2014
Market Research and Opportunity Analysis Report BHUBANESWAR
SWOT Analysis STRENGTHS
OPPORTUNITIES
WEAKNESSES
THREATS
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One of the four planned “Information Technology Investment Regions” in India.
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High growth rate
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Competitive market.
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Poor infrastructure
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Good employment as well as huge investment opportunity.
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Floods and waterlogging in the low-lying areas have become common due to unplanned growth.
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Damage risks from winds and cyclone.
Market Research and Opportunity Analysis Report BHUBANESWAR
Untapped Business Opportunities in BHUBANESWAR AGRICULTURE INDUSTRY
FOOD INDUSTRY
ENERGY & CLEANTECH
• Organic Fertilizer Production
• Wheatgrass Processing • Plant Based Meat Alternative
• Medicinal Herbs Farming
• Biodiesel Processing Unit • E-waste Recycling/ Management
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SERVICE INDUSTRY
HEALTHTECH INDUSTRY
• Biodegradable Sanitary Napkin Manufacturing • Mystery Shopping
• Wellness Center • Home Healthcare Services
Market Research and Opportunity Analysis Report BHUBANESWAR
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EDUCATION INDUSTRY • •
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Market Research and Opportunity Analysis Report -BHUBANESWAR