FARIDABAD - 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 • Faridabad is the most populous city Haryana. It is a leading industrial center and is situated in the National Capital Region bordering the Indian capital New Delhi. • It is one of the major satellite cities of Delhi. As per the 2001 Delhi regional plan, Faridabad is part of the Delhi Metropolitan Area (DMA). • Faridabad has been described as the eighth fastest growing city in the world and the third in India by the City Mayors Foundation survey. • The city has been selected as one of the hundred Indian cities to be developed as a smart city under Government of India's flagship Smart Cities Mission. • Faridabad is a major industrial hub of Haryana. It has started growing as another technology hub in Haryana nurturing startups and innovation.
Market Research and Opportunity Analysis Report FARIDABAD
Economical Analysis • • • • • •
Faridabad is the industrial capital of Haryana. The city is famous for henna production. It is the largest exporter of henna in India. Faridabad has various type of industries which are manufacturing products ranging from hypodermic syringes to huge mechanized Loaders, Tractors, Motorcycles, Airconditioners, Switch gears, Tyres, Footwear, etc. Other significant industries are special alloy steel castings, forgings, vacuum glass flasks, refrigerators, LPG stoves, textiles, etc. The city boasts a large number of foreign collaborations expanding the foreign market due to the fact that products manufactured here are technically superior and incorporate the latest advanced technology. There are a wide range of products exported from Faridabad such as; machinery, electric equipment, tractor, industrial units, helmets, tyres, footwear, garments etc.
Market Research and Opportunity Analysis Report FARIDABAD
SWOT Analysis STRENGTHS
OPPORTUNITIES
WEAKNESSES
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Excellent infrastructure & strong industrial base attracting a number of MNCs, foreign investors.
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Availability of skilled labour at low cost.
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High level of Pollution due to increasing industrialization, bad hygiene creating negative perception on livability in the city.
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Emerging as a hub for engineering and design serivces.
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Potential to develop as a destination for medical tourism.
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Presence of other satellite cities such as Sonepat, Gurgaon, Noida poses a strong competition in terms of investment.
THREATS
Market Research and Opportunity Analysis Report FARIDABAD
Untapped Business Opportunities in FARIDABAD TRANSPORT & LOGISTIC
FOOD INDUSTRY
ENERGY & CLEANTECH
• Cold Chain
• Spirulina Production & Processing • Cultured Meat Production • Onion Oil
• Bioplastic Manufacturing • E-waste Recycling/ Management
• Shuttle Bus Service • Carpool Platform
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HEALTHCARE INDUSTRY
CONSUMER GOODS
HOSPITALITY INDUSTRY •
• 3D Printing • Medical Tourism • Home Healthcare Services
Market Research and Opportunity Analysis Report FARIDABAD
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Sports Bar Food Truck Microbrewery Tea Café Chain
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Adult Diaper Manufacturing Herbal Beauty Products Manufacturing
METICULOUS BUSINESS PLANS
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Market Research and Opportunity Analysis Report - FARIDABAD