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VISAKHAPATNAM - Market Research and Opportunity Analysis Report

Visakhapatnam is the largest andu00a0most populous city ofu00a0Andhra Pradesh. It lies amidst theu00a0Eastern Ghatsu00a0and the coast of theu00a0Bay of Bengal. The city has many nicknames such as; "The City of Destinyu00a0andu00a0The Jewel of the East Coast". Visakhapatnam is one of the fouru00a0Smart Citiesu00a0ofu00a0Andhra Pradeshu00a0selected underu00a0Smart City Mission. It is theu00a05th busiest cargo portu00a0in India, and the city is home to the headquarters of theu00a0Indian Navy'su00a0Eastern Commandu00a0andu00a0South Coast Railway zone. Visakhapatnamu2019s major source of the economy is heavy industries(HPCL, BHEL, CONCOR, Hindustan Shipyard Ltd., etc.), fisheries, software industry, and pharmaceuticals.

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VISAKHAPATNAM - Market Research and Opportunity Analysis Report

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  1. VISAKHAPATNAM - Market Research and Opportunity Analysis Report • Report Inclusions • Geographical Analysis of a selected location| Demographical Analysis of selected location | Market Dynamics | Economical Overview | Environmental Analysis | Existing Infrastructure | Resources Availability | Market Potential - Untapped Opportunities | Potential Business Ideas and Ratings Know more- http://meticulousbplans.com/market-research/

  2. Executive Summary and Analysis • Visakhapatnam is the largest and most populous city of Andhra Pradesh. It lies amidst the Eastern Ghats and the coast of the Bay of Bengal. • The city has many nicknames such as;The City of Destiny and The Jewel of the East Coast. • Visakhapatnam is one of the four Smart Cities of Andhra Pradesh selected under Smart City Mission. • The city is home to the oldest shipyard and the only natural harbour on the east coast of India. • Visakhapatnam Port is the 5thbusiest cargo port in India, and the city is home to the headquarters of the Indian Navy's Eastern Command and South Coast Railway zone. • Visakhapatnam is ranked 122 in the list of fastest-growing cities in the world. • Visakhapatnam is the only city in India to host twin ports as the ports handle the largest volume of cargo in the country.  Market Research and Opportunity Analysis Report VISAKHAPATNAM

  3. Economical Analysis • Visakhapatnam is the ninth-largest contributor to India's overall gross domestic product as of 2016. It has a GDPof $43.5 billion. It is the 9th richest city in India. • Visakhapatnam’s major source of economy are heavy industries(HPCL, BHEL, CONCOR, Hindustan Shipyard Ltd., etc.), fisheries, software industry and pharmaceuticals. • In addition to being a major port handling high volume of cargo, it has developed oil refining, fertilizer, petro-chemical, steel plant, sugar refining and jute industries. • Tourism also plays an important role in generating revenue, with numerous tourist destinations in and around the city. • Blessed with a natural harbor and one of the largest ports of India, sea trade was made possible with other countries which also boosts the economy. Market Research and Opportunity Analysis Report VISAKHAPATNAM

  4. SWOT Analysis • Strong industrial base and port activity • 24*7 power supply Strengths Weaknesses • Limited infrastructure expansion possibility. • Rising unemployment of the local people • Beach beautification and shore restoration projects will enhance tourism potential. Opportunities Threats • Air pollution due to high vehicular growth and heavy industries. • Prone to natural disaster like cyclone. Market Research and Opportunity Analysis Report VISAKHAPATNAM

  5. Untapped Business Opportunities in VISAKHAPATNAM • FOOD INDUSTRY • Agriculture InduSTRY • Integrated Dairy Farming • Quinoa Production and Processing • Energy & Cleantech • Biodiesel Processing Unit • Solar Thermal Application • Packaged Sugarcane Juice Manufacturing • Tamarind Processing 1 3 5 2 4 6 • Service Industry • Healthtech industry • Education INDUSTRY • STEM Toys Manufacturing • E-library Business • Smart Vending Machine • Errand Runner • Activated Carbon Manufacturing Unit • Wellness Center Market Research and Opportunity Analysis Report VISAKHAPATNAM

  6. Thank You! METICULOUS BUSINESS PLANS http://meticulousbplans.com Market Research and Opportunity Analysis Report - VISAKHAPATNAM

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