Friday, January 22, 2010

Low Investment Business in Chandigarh

Low Investment Business in Chandigarh

Chandigarh, is a union territory of India, that serves as the capital of two states,Punjab and Haryana (Since 1966). Chandigarh has lots of Business Opportunities because it is the Capital of 2 States of India.

Here are some Economical Facts about Chandigarh -

- The important industries are paper manufacturing, basic metals and alloys and machinery. Other industries are relating to food products, sanitary ware, auto parts, machine tools, pharmaceuticals and electrical appliances. Yet, with a Per Capita Income of Rs. 99,262, Chandigarh is the richest city in India.

- Chandigarh has a well developed market and banking infrastructure. Nearly all the major banks in the country have registered their presence in Chandigarh. Most banks with a pan India presence have their zonal/regional offices present in Chandigarh.

- Chandigarh IT Park (also Chandigarh Technology Park) is the city's attempt to break into the IT world. Chandigarh's infrastructure, proximity to Delhi, Punjab, Haryana and Himachal Pradesh, and the IT talent pool attracts IT businesses looking for office space in the area. Major Indian firms and multinational corporations to the like of Quark, Infosys, Dell have setup base in the city and its suburbs.

Thus, you can imagine from the above facts that, How much Business Opportunities are there in Chandigarh. Chandigarh is India’s richest city according to Per Capita Income. This means that people have a good spending capacity. Now, this is a good for your Business.

Now, over discussion is about low Investment Business Ideas in Chandigarh. According to me, from the above facts the low Investment Business idea is IT & software related Business. I am not saying that opening an IT Park is the low investment Business. But I am saying that you can start your own Internet Business or a software business from home but you can not start your own Banking Business from home.

IT Businesses require the intellectual work. And that’s why they require very low Investment and give you highest returns over the long time.

However, you can also start your new business in any one of the above industries and make a fortune. The Business environment in all of the above industries is very friendly.

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