Wednesday, January 13, 2010

Ideas on Low investment business with high returns in Chennai

Ideas on Low investment business with high returns in Chennai

Chennai formerly known as  Madras, is the capital city of the Indian state of Tamil Nadu. Chennai is the fourth most populous metropolitan area and the fifth most populous city in India. Located on the Coromandel Coast of the Bay of Bengal, Chennai city had a population of 4.34 million in the 2001 census within the area administered by the Corporation of Chennai. The urban agglomeration of metropolitan Chennai has an estimated population over 8 million people.

The city was established in the 17th century by the British, who developed it into a major urban centre and naval base. By the 20th century, it had become an important administrative centre, as the capital of the Madras Presidency.

There are several Business Opportunities in Chennai. You can start several kind of Innovative Businesses in Chennai even with low Investment. Here is a fact about Chennai.

The city is India's second largest exporter of software, information technology (IT) and information-technology-enabled services (ITES). A major chunk of India's car manufacturing industry is based in and around the city. Chennai Zone contributes 39 per cent of the State’s GDP. Chennai accounts for 60 per cent of the country’s automotive exports and is referred to as the Detroit of South Asia.

Thus, According to me Chennai is a best place to start Information Technology related Businesses. Because there is a huge market and environment for IT related Businesses in Chennai. Another thing is that, Software related Businesses are low start-up cost Businesses.

You can start your own software or IT Services related Business with minimum Capital requirements in Chennai.

Another Business with low Investment in Chennai is the Internet Business. The main advantage of the Internet Business is that, you can start it with minimum investment from your home also.

Internet Businesses are the lowest Investment with Highest Returns worldwide. This is because of the Exponential growth nature of the Internet Businesses. If started properly, the Internet Business can grow exponentially in very short time.

Thus, Chennai is a good place to start IT Businesses with low Investments…!!!

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