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According to MBPu2019s latest regional research report, Tamil Nadu's contribution towards country's GDP is 11.8% out of which Chennai holds a major share in the stateu2019s GDP and this major contribution is driven by industrial sectors like chemicals and pharmaceuticals, leather industry, IT/SEZ and machine tools, etc.u00a0Though the city has existing textile, pharma, chemical and food industries, etc. still there are so many business opportunities present in Chennai which have potential growth.
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Market Research and Opportunity Analysis Report CHENNAI • 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 Know more -http://meticulousbplans.com/2019/07/31/chennai-market-research-opportunity-analysis-report/
Executive Summary and Analysis • Chennai is the 4th largest city of India and also the leading commercial center of South India. • It is well-connected to all the major cities of India as well as with the countries overseas. • The Tidal Park of the city is the largest IT Park in Asia. It also houses the head offices of leading software companies. • It is also known as the Detroit of India because of its automobile industry which produces more than 40% of the auto parts and motor vehicles in India. Market Research and Opportunity Analysis Report CHENNAI
Economical Analysis • Chennai is currently rated the 4th largest economy in India and the 3rd highest GDP per capita. • Recent estimates of the economy of the entire Chennai Metropolitan Area have ranged from US$79 to US$86 billion, ranking it From 4th to 6th most productive metro area of India. • The city today holds a leadership position in the manufacture of automobiles and auto components, engineering, textiles and garments, leather products, software and IT-enabled Services. • Chennai is India’s largest auto hub, with an installed capacity capable of producing one car every 20 seconds (3 cars per minute) and one commercial vehicle every 90 seconds. • The city has a fully computerized stock exchange called the Madras Stock Exchange. Market Research and Opportunity Analysis Report CHENNAI
SWOT Analysis • Good infrastructure for all kinds of businesses. • Undergoing rapid industrialization Strengths Weaknesses • As Chennai is situated near equator, it remains hot & humid all over the year. • Language barrier. • Great Potential in residential market • Government support for industries. • Center of interest for foreign investors. Opportunities Threats • Threats from the neighbor states. • Change in government policy. Market Research and Opportunity Analysis Report CHENNAI
Untapped Business Opportunities in Indore • FOOD INDUSTRY • Education Industry • Energy & Cleantech Industry • Electric Vehicle Business • Biodiesel Processing Unit • Old Book Bank • Coaching Center for Civil Services • Food Processing Unit • Underwater Restaurant 1 3 5 2 4 6 • Finance Industry • Healthtech industry • Real estate • Real Estate Consultant • Backpacker’s Hostel • Bike Ambulance • Medical Tourism • Forex Trading • Budget Consultant Market Research and Opportunity Analysis Report CHENNAI
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