MEERUT - Market Research and Opportunity Analysis Report

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MEERUT - 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 • Meerut is a city in Uttar Pradesh. It is the 33rd most populous urban agglomeration and the 26th most populous city in India. • The city is famous for being the starting point of the 1857 rebellion against British colonial rule. • The city is also an education hub in western Uttar Pradesh, and also known as the "Sports City Of India". • Meerut was one of the first cities in northern India where publishing was set up during the 19th century. It was a major center of commercial publishing during the 1860s and 1870s. • Meerut is the 63rd-fastest-growing urban area in the world. On the India City Competitiveness Index, the city ranked 39th in 2012. Market Research and Opportunity Analysis Report MEERUT


Economical Analysis • • • • •

Meerut is a trade center for agricultural products and has a considerable amount of industry including manufacturing, smelting, handicrafts, and the milling of sugar, cotton, flour, and oilseeds. It is traditionally known for handloom works and scissors industry. Meerut is one of the largest producers of sports goods, and the largest producer of musical instruments in India. Other major industries existing in the city include tyres, textile, transformer, distillery, chemical, engineering, paper, and publishing. The city’s gold market is one of Asia’s largest, employing over 25,000 skilled craftsmen and processing around 60 kilograms of the precious metal per day.

Market Research and Opportunity Analysis Report MEERUT


SWOT Analysis STRENGTHS

OPPORTUNITIES

WEAKNESSES

THREATS

Being in the proximity of Delhi, it is ideal for industry

Undergoing metro and rapid rail project.

Large slum population

Huge gap in demand and supply of various urban services such as; water supply, solid waste management, etc.

Infrastructure segment is currently going through a boom phase with many new projects coming up.

Good potential for IT and ITES sector.

Competition from the cities in the NCR, where large number of mega developmental projects and SEZs, townships are already in place.

Market Research and Opportunity Analysis Report MEERUT


Untapped Business Opportunities in MEERUT AGRICULTURE INDUSTRY

FOOD INDUSTRY

ENERGY & CLEANTECH

• Jatropha Farming

• Onion Oil Processing • Cold Processed Spices Manufacturing

• Bamboo Bicycle Manufacturing • Eco-consulting

• Bee Keeping • Organic Farming

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FASHION INDUSTRY • Imitation Jewelry Manufacturing • Fashion Design School

Market Research and Opportunity Analysis Report MEERUT

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CONSUMER GOODS

HEALTHTECH INDUSTRY • Polyclinic • Yoga Studio • Health Podcaster

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Organic Beauty Products Manufacturing Customized Gift Items


METICULOUS BUSINESS PLANS

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Market Research and Opportunity Analysis Report - MEERUT


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