PATNA - 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 • Patna is the capital and largest city of the state of Bihar in India. Patna is the second-largest city in eastern India after Kolkata. • The city has number of Religious Centre for Sikh Gurudwara, Hindu Temples, Muslim Mosques. It has a number of Boarding and Lodging facilities around religious centres. • The city is located on the southern bank of the river Ganges in Eastern India. • City has long been a major agricultural hub and centre of trade.It is an important business and luxury brand centre of eastern India.
Market Research and Opportunity Analysis Report PATNA
Economical Analysis • • • • •
Patna is the 21st fastest growing city in the world and the fifth fastest growing city in India, and is expected to grow at an average annual rate of 3.72%. In 2009, the World Bank stated Patna as the second best city in India to start up a business. Patna has long been a major agricultural hub and centre of trade . its economy is mainly depend on Agriculture and Infrastructure development Industries. Total GDP of Patna is 10.5 Billion USD or 60900 Crore Rs. The city economy has been push by growth in the Fast-Moving Consumer Goods industry, the service sector, along with Green revolution businesses. As of 2015, GDP per capita of Patna is ₹1,06,000 and its GDP growth rate is 7.29 percent. The most active exports are grain, sugarcane, seame, medium grained Patna Rice.
Market Research and Opportunity Analysis Report PATNA
SWOT Analysis STRENGTHS
OPPORTUNITIES
WEAKNESSES
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Potential for rapid economic growth of the city.
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Impeccable public transportation facility
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Lack of awareness among the people towards heritage conservation.
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Extreme Climatic variation. Summers are particularly oppressive.
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Good opportunity for agro-processing and Marketing Centre.
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Development in I.T. sectors.
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High population growth can lead to create further pressure on the sewerage system in the future.
THREATS
Market Research and Opportunity Analysis Report PATNA
Untapped Business Opportunities in PATNA AGRICULTURE INDUSTRY
FOOD INDUSTRY • Sugar processing • Milk and Milk ProductProcessing • Vegetables and fruits Production
• Agro Tourism business • Integrated dairy farming
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SERVICE INDUSTRY
TRANSPORT INDUSTRY
• Food delivery • Online morning needs delivery
• Personal car rental business • Shuttle bus services business
Market Research and Opportunity Analysis Report PATNA
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Market Research and Opportunity Analysis Report - PATNA