RAJKOT - 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 • •
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Rajkot is the fourth-largest city of Gujarat, India. It is second-cleanest city of India, and is the 22nd-fastest-growing city in the world as of July 2019. Rajkot’s civic body has started a 24x7 call center, the first of its kind in Gujarat and the second in the country to take care of all complaints relating to civic management. Rajkot is frequently referred to as Rangilu Rajkot, meaning "colorful Rajkot". The city is also called as "Chitranagri" (City of Paintings). The Rotary Dolls Museum in Rajkot has a collection of more than 1,400 dolls from all over the world and has earned a place in Limca Book of Records for its unique collection of dolls. Rajkot is a major regional center for the arts, with many venues for the performing arts in the city. As per recent market reviews, Rajkot is becoming Asia's biggest automobile zone.
Market Research and Opportunity Analysis Report RAJKOT
Economical Analysis • • • • •
Rajkot contributes to the economy of the state with heavy and small scale industries under the patronage of Gujarat Industrial Development Corporation (GIDC) and Gujarat State Financial Corporation (GSFC). It is the hub of engineering manufacturing and has many companies manufacturing auto components, auto engines, CNC machines, forging & casting parts, etc. Real estate has been a key contributor to Rajkot's development in terms of economic and infrastructure development. There are about 500 foundry units in Rajkot and majority of these units produce grey iron castings for the domestic market. Other products made in Rajkot include jewelry, silk embroidery, bearings, diesel engines, kitchen knives and other cutting appliances, watch parts (cases and bracelets), machine tools, share market and software development.
Market Research and Opportunity Analysis Report RAJKOT
SWOT Analysis STRENGTHS
OPPORTUNITIES
WEAKNESSES
THREATS
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Strong manufacturing base with major production center for high-speed diesel engines.
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Education hub for the Saurashtra region.
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Absence of well-organized trade facilitation and business promotion facilities.
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Inadequate tourism facilities and recreational areas
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Potential to develop new Central Business District of Saurashtra and adjoining Kutch region.
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Potential to develop as Tourism Center forming gateway to tourism circuit like; Dwarka and Somnath.
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Rise of slums, lack of efficient systems to monitor or regulate unplanned growth.
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Prone to flood and cyclone.
Market Research and Opportunity Analysis Report RAJKOT
Untapped Business Opportunities in RAJKOT FOOD INDUSTRY
IT INDUSTRY
ENERGY & CLEANTECH
• Plant Based Beverages & Product
• Website Design & Development • Digital Marketing Agency • Mobile App Development
• Solar Thermal Application • Biodegradable Bioplastic Manufacturing
• Peanut Butter Manufacturing
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FASHION INDUSTRY • Watch Manufacturing • Online Boutique
Market Research and Opportunity Analysis Report RAJKOT
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REAL ESTATE
HEALTHTECH INDUSTRY • Baby Spa • IV Fluid Manufacturing
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Boutique Hotel Backpacker’s Hostel
METICULOUS BUSINESS PLANS
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Market Research and Opportunity Analysis Report - RAJKOT