Market Overview

What are those Top 3 Booming Sectors in India which will Shine like a Star

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In this post we welcome 3 popular entrepreneurs from India who can share their expertise on what are those Top 3 growing business in India which one should view from a certain perspective.

1. Mr Sharma from GTC Group

Mr Sharma is a popular figure in New Delhi Hospitality industry and as per him the next big thing in Indian economy is the rise of Hospitality Industry. Since the inauguration of the Commonwealth games in Delhi it was destined that the global tour operators will have to notice India as a popular tourist destination. And though we didn't got that much of tourist traffic after the games but the graph of foreign travelers visiting Delhi have substantially increased since 2011 to 2014.

Now there is a new government in the center and as per their policies they are welcoming foreign money so I am sure that hotel and resort business in Delhi or in any part of India will increase.

2. Mr Patel from Natural Mining Industry

India is a popular destinations for coal mining, copper mining and many big corporate have seen the changes of 2014 (change of government) as a positive sign and they are now eager to enter the natural resources industry of India. Previously this industry was only in the hands of local outlets which weren't able to meet the demand (both local and foreign) but now as more and more FDI is allowed in this sector, I believe that Natural mining industry be be the next big and heavyweights in Indian Enterprise.

3. Mr Singh from Make MyTrip

Our firm started in 2000 to offer holidays to NRI (Non Resident Indians). So we are the 1st Online Travel Portal in India and thus I will say that OTA business will be the next hot business in India. In the last 5 years we have seen the rise of more than half of dozen e-commerce sites getting investments from Venture capitalists and in millions, Like our competitor Yatra just got a 18 million $ investment and any others.

Such signs are a clear indication that local and global tourists prefer India as a popular tourist destination and thus they will prefer local holiday portals to prepare a special holiday package for them. So I will say that in the next 3 years, OTA business will be a hot selling concept in India.

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

 

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