PROFITABLE BUSINESS OPPORTUNITIES IN BANGALORE - D'HABITAT

 When you visit Bengaluru, the thought of living here crosses the mind for everyone. The city is that attractive when compared with all the cities in India.

 

The perfect weather, totally urban setting and the old world charm as yet undisturbed by high rises will charm you into becoming a citizen as have 12,765,000 million people.

The city is a magnet for youthful talent from across the country. Also known as the silicon valley of India, Bangalore is famed as the IT hub of the country and offers a host of investment opportunities in Bangalore.

 

Here are some of the Best business ideas in Bangalore 2021

The year 2021 has bought in unprecedented challenges. There are those among us for whom these challenges turn into small business opportunities. As a large city that continues to grow, Bengaluru offers profitable business opportunities. Here are 10 such ideas from an insider perspective.

• Building Construction
• Financial Services
• Food Industry
• Healthcare
• Security Service
• Tourism Sector
• Transport Sector
• Business Franchising
• Special Schools
• Childcare Facilities

 

According to data in Wikipedia the following relevant information about Bangalore is furnished here.

Recent estimates of the economy of Bangalore's metropolitan area have ranged from $45 to $83 billion (PPP GDP), and have ranked it either fourth- or fifth-most productive metro area of India.

In 2014, Bangalore contributed US$45 billion, or 38 per cent of India's total IT exports.

As of 2017, IT firms in Bangalore employ about 1.5 million employees in the IT and IT-enabled services sectors, out of nearly 4.36 million employees across India.

 

With an economic growth of 10.3%, Bangalore is the second fastest-growing major metropolis in India, and is also the country's fourth largest fast-moving consumer goods (FMCG) market.

Forbes considers Bangalore one of "The Next Decade's Fastest-Growing Cities". 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 investment surplus of ₹45 million (US$630,900) and ₹5 million (US$70,100) respectively.

 

The headquarters of several public sector undertakings such as Bharat Electronics Limited (BEL), Hindustan Aeronautics Limited (HAL), National Aerospace Laboratories (NAL), Bharat Earth Movers Limited (BEML), Central Manufacturing Technology Institute (CMTI) and HMT (formerly Hindustan Machine Tools) are located in Bangalore.

In June 1972 the Indian Space Research Organisation (ISRO) was established under the Department of Space and headquartered in the city. Bangalore also houses several research and development centres for many firms such as ABB, Airbus, Bosch, Boeing, General Electric, General Motors, Google, Liebherr-Aerospace, Microsoft, Mercedes-Benz, Nokia, Oracle, Philips, Shell, Toyota and Tyco.

 

Bangalore is called as the Silicon Valley of India because of the large number of information technology companies located in the city which contributed 33% of India's ₹1,442 billion (US$20 billion) IT exports in 2006–07.

Bangalore's IT industry is divided into three main clusters – Software Technology Parks of India (STPI); International Tech Park, Bangalore (ITPB); and Electronics City. UB City, the headquarters of the United Breweries Group, is a high-end commercial zone.

 

Infosys and Wipro, India's third and fourth largest software companies are headquartered in Bangalore, as are many of the global SEI-CMM Level 5 Companies.There are a number of small scale business opportunities in Bangalore

Bangalore is a hub for biotechnology related industry in India and in the year 2005, around 47% of the 265 biotechnology companies in India were located here; including Biocon, India's largest biotechnology company.

 

Bengaluru Insights

With the friendliest and welcoming local population it is easy and enjoyable to live here, interact with people and conclude transactions.

Bengaluru is cosmopolitan with one of the most highly educated populations in the country. The city’s infrastructure is excellent but with a creaky public transportation and heavy traffic. This drawback is seen as an opportunity by savvy entrepreneurs.

Establishing a successful business in Bangalore is recommended as the city continues to grow with demand rising for products and service providers.