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Features Writer Sanjib Roy

Sanjib Roy

Features Writer
     

Future Business in India for 2025


Several individuals across India have aspirations to become successful entrepreneurs. They have various business ideas in different industries and domains yet a lot of startups fail due to various reasons. If you are deciding to launch your startup, is your idea innovative enough to make it to the top? Are you ready with the perfect plan of action for one of the best upcoming business ideas in India?

The demand for innovative products and innovative business ideas is constant. Many parameters like technological innovations, climate change, socio-economic changes, developments in renewable energy, fintech startups & products, agritech, etc. give rise to such ideas.

1. 1) Surgical Face Masks (SFMs)
Surgical Face Masks (SFMs) have been in huge demand due to the outbreak of the novel Coronavirus (COVID-19) which emerged from the Wuhan city of China that has infected millions of people worldwide. Prior to the occurrence of COVID-19 which is also known as SARS-CoV-2, face masks were used in only hospitals and healthcare centres.

As per the Association of Indian Medical Device Industry, approximately 240 million disposable masks are produced by manufacturers every year for domestic use. People never thought that they shall be using them in 2020 or further in their day-to-day lives. SFMs and Personal Protective Equipment (PPE) kits have become a necessity for survival.

With the enormous demand of face masks worldwide, numerous SME and MSME manufacturing units have emerged and started manufacturing surgical face masks in large numbers on a daily basis. The production capacity ranges between 20,000 – 1,00,000 masks per day, however the number shall vary from manufacturing unit to unit.

To prevent this deadly virus, people are using three types of face masks named as homemade cloth masks, surgical masks and N95 respirators. Surgical face masks are manufactured using non-woven fabrics made from plastic material like polypropylene that are available in two layer or three-layer forms.

2. Mentors/Consultants
In the coming years, many people are expected to lose jobs because of automation and economic slowdown.

New technologies will also take over the jobs of most of the workforce. And the first thought after a job loss is to start a business.

This will create a high demand for mentors and consultants who provide valuable information about startups in specific domains.

You can start by providing inputs from a preferred niche of your choice. This information can be about the corporate and startup scenario. One of the interesting ways to do this is to start a blog and build an audience for your blog. Some of the consultants and mentors today are bloggers and charge a bomb for consultation.

3. Renewable and Clean Energy Supplies

The world is progressing at a lot quicker speed than anticipated, yet we are confronting a lot of issues with respect to energy. Some Asian nations are as yet depending intensely on conventional wellsprings of energy like coal power plants, petroleum products, atomic or hydro energy which is created from the sources that should be risky to our current circumstance.

Simultaneously, sustainable power sources have been stressed a great deal through which the climate can be saved. It is an extraordinary open door for the individuals who need to begin a business on a medium scale. It is one of the greens and clean business ideas that you can jump upon. This is a standout amongst other Future Business Ideas in India.

Solar Energy Business training available at https://istindia.org

4. E-Commerce Business from your home
So many people around the globe appreciate the culture of India. They like to decorate their homes with authentic workmanship pieces reflecting Indian culture. By setting up an e-commerce store that specifically sells these social items, you can begin an innovative profitable venture. I think it’s really a good Future Business Ideas For 2021 in India.

ZERO investment E-Commerce Business Partner opportunity at https://vmaxo.com :

News submitted on: 2021-05-06 17:52:02.

Future Business in India for 2025


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