As an emerging state of India,Sikkim has great infrastructure for new and existing businesses. The state exhibits great opportunities and new businesses.
Online PR News – 17-October-2020 – Pune – According to MBSPL’s latest research report, Sikkim is the least populous and second smallest among Indian states.It has majorly contributed via tourism, hand crafted work and agriculture to the state’s economy. Sikkim is one of the fastest-growing states in India with GSDP growing at a CAGR of 11.72%. The state is one of the considerable contributors to the country’s GDP.
Sikkim is developing as a business/industrial hub as well. It pays importance to both traditional and modern industries. Moreover, the state is growing due to the existing industries, businesses, and major projects in the area which has helped in the increase ofper capita income as well as improve the living standards of people.
The Khangchendzonga National Park, being aUNESCO World Heritage Site, is one of thehuge attractionsfor investors and people from all over India.Sikkimhas large-scale industrial landscape, including government-owned electronics, manufacturing and private industrial undertakings. It also has one of the good infrastructural facilities in the state to support, sustain and develop new and existing industries.
Being home to 14 major pharmaceutical companies already, the state is attracting more of pharma sector by offering good government policies, conducive business environment, low cost manufacturing and easy availability of labor. Some of the major projects and schemes initiated in the state are acting as support pillars in further development of the state, and creating potential and path for new business opportunities in the state.
The business opportunities presented in this report are based on detailed market research and analysis.
What I will get from this report?
• You will get research-based business ideas for Sikkim
• You will get geographical, demographical and market data.
• You will get the market insights & dynamics (growth drivers, opportunities, threats, restraints).
• 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 this area/region?
• What are the major drivers, trends, restrains, threats, and opportunities of business idea?
• What Infrastructure is available in this area/region?
All these and many more questions will be answered in the report with detailed information.
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