Friday, January 15, 2010

Low Investment Business in Bangalore

Low Investment Business Opportunities in Bangalore

Bengaluru (formerly known as Bangalore) is the capital of the Indian state of Karnataka. Located on the Deccan Plateau in the south-eastern part of Karnataka, Bengaluru is India's third most populous city and fifth-most populous urban agglomeration.

Here are the few facts about Bangalore City.

- Bangalore's Rs 260,260 crore (US$ 100 billion) economy (2002–03 Net District Income) makes it a major economic centre in India.

- With an economic growth of 10.3%, Bangalore is the fastest growing major metropolis in India.

- Additionally, Bangalore is India's fourth largest fast moving consumer goods (FMCG) market.

- The city is the third largest hub for high net worth individuals and is home to over 10,000 dollar millionaires and about 60,000 super-rich people who have an investable surplus of Rs. 4.5 crore (US$ 1 million) and Rs. 50 lakh (US$ 103,000) respectively.

- As of 2001, Bangalore's share of Rs. 1,660 crore (US$ 300 million) in Foreign Direct Investment was the fourth highest for an Indian city.

- Bangalore is called the Silicon Valley of India because of the large number of information technology companies located in the city which contributed 33% of India's Rs. 144,214 crore (US$ 30 billion) IT exports in 2006-07.

Thus, Bangalore is a Best Place for 3 Industries.

01) FMCG
02) Software
03) Wealth Management & HNIs related Financial Services

There is a huge market and business friendly environment for all of the above 3 Industries in Bangalore. So you can start your own business in any of the above 3 industries with very low Investments and make a fortune.

If you want to start your own Business in Bangalore with low Investment than I advise you to go for the above 3 Industries.

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