Increasing infrastructure,facilities as well as new government scheme and policies which support entrepreneur and investor to start business in union territory.
Online PR News – 09-September-2020 – Pune – According to MBSPL’s research report, Andaman and Nicobar Islands has GSDP of USD $ 1,098
million at current prices and year on year GSDP growth is 15.4 % for year 2017-18. Exports recorded
of worth USD $ 31.5 million in year 2017-18, which is 12x growth over the previous year.
Major sectors are Fishery, Tourism, Hospitality and Wellness, Handicrafts, Agri-Horticulture and
Food processing. The annual fishery potential of the islands is about 4% of the fishery potential of
the country. Islands have recorded tourist arrivals of over 515,000 during year 2019.
It’s increasing infrastructure and facilities as well as new government schemes and policies which
supports entrepreneurs and investors to set up and start business in this union territory. It will get
its first rail line as Railway Ministry has sanctioned project to construct a Railway Line Linking Port
Blair with Diglipur. Building national highways and connecting state highways to it is increasing
transport. Such projects will benefit to locals, businesses and tourists. Optical fibre cable
connectivity to Islands from Chennai will provide better internet connectivity which will help IT &
ITeS industry to grow here.
Availability of natural resources and established connectivity of Islands to major ports in India as well
as to neighbour countries has increased export by few folds. It’s market and economy is growing at
faster rate and has great opportunities as well as huge potential for existing businesses and new
We have done market research and analysis and come up with best business ideas which are
focusing on solutions to current situations and are based on availability of resources which has huge
growth potential in Andaman and Nicobar Islands.
What I will get from this report?
• You will get researched based business ideas for the region.
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• You will get the market insights & dynamics (growth drivers, opportunities, threats,
• You will get the demand supply matrix which will show the market potential.
• Most importantly you will get key details for each business idea.
Key questions answered in the report: -
• Which are the most profitable businesses in selected location?
• What are the major drivers, trends, restrains, threats, and opportunities of business
• What Infrastructure is available in selected location.
All these and many more question will be answered in the report with detailed information.
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business idea on the basis of information provided in.
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• You can ask for all business planning reports related to subject.
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