A boost for startups

Posted by on Apr 6, 2015 in Start-up business | 0 comments

Young entrepreneurs can look forward to better support in Bengaluru as Nasscom’s Startup Warehouse is set for expansion.  The facility, located on HAL Airport Road, will quadruple in area from 9,000 sq ft to 36,000 sq ft, and get more infrastructure.  It is part of Nasscom’s two-year-old 10,000 Startups initiative to boost the burgeoning startup ecosystem.

Nasscom plans to run an intensive skill-building programme customised for early stage startup companies.  Besides, Nasscom will also provide access to veteran startup founders and ever widening network of angels for hands-on-mentorship.

The programme is rolling into its fourth phase for which about 200 firms will be shortlisted by a panel of experts.  Applications, processed on FIFO (first in first out) basis till April 22, 2015 have to be made at 10000startups.com.  The seat allocation is an ongoing process, with applications monitored regularly.

Each startup gets up to 5 seats in the 70 seater room that is open round the clock.  There is a 10 Mbps broadband leased line, besides 100% power backup and four meeting rooms.

As part of the expansion, the Bengaluru Warehouse will have a dedicated mentor program attached to it, and also India’s first IoT lab, a design lab and a mobile lab.

Source: The Hindu

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Top 10 Business Opportunities for year 2015

Posted by on Nov 24, 2014 in Business, Start-up business | 13 comments

Top 10 business opportunities in 9 business sectors for year 2015

India definitely is traveling on a progressive and visionary path.  Progressive path would mean new job opportunities and attractive self-employment sources.  Newness may be triggered by capacity addition by existing businesses, diversification by existing businesses, budding young entrepreneurs or foreign investments flow.

Compared to the last five years I find these days an increased momentum among first generation business aspirants.  I am receiving more enquiries and more serious seekers for first time business guidance.

Today’s market is in a position to accommodate any number of new entrants and innovative offerings.  We find a positive momentum around us in the market.  Mission Make in India and resultant momentum and the stability factor of government at center are the driving factors for this positive trend.

However, growth and progress should not be linked to the growth and expansion of business by existing business owners or foreign investments.  Growth in first generation or new generation businesses symbolizes true growth.  There is a huge mismatch between the efforts of government and the attitude of lending institutions.  Aspirant young entrepreneurs are facing denial of service attitude from banks.  Credit raising scheme like CGFT which is supposed to be the harbinger of newer entrepreneurship opportunities is standing as a stumbling block owing to bank’s reluctance to rightly assist the credit aspirants.  Government should address this gap on war footing basis.  Otherwise we will lose bright ideas and young innovations from newer generation.  Make in India is a laudable effort.  But we also need to create an avenue for Made in India and Made by Young Indians.

I would become very emotional if I continue on the above deficiencies in the system.  I would now focus below sector wise top 10 business opportunities in 9 industry sectors [90 business opportunities] for the year 2015 and further. To understand the statistics of growth in various industry sectors you may visit http://www.ibef.org/.

If you would like to know details concerning any business opportunity you may leave below your comment.  I will attempt to provide you all possible information.

S No.



Food Processing:


This is the fastest growing industry. Several opportunities exist in this sector apart from the regular ones like milk dairy, fruit products, masalas, and more.  Some of them:

1 Ready to eat food
2 Filled snacks, Extruded snacks
3 Organic food products
4 Fusion [herb mixed] food recipes
5 Energy foods
6 Mixed edible oils
7 Local delicacies [demographic specific food specialities]
8 Any time food mobile outlets
9 Mini Readymade Snack makers
10 Innovative packaging for food products


Renewable Energy:


This sector comes with evolving technologies to achieve higher utilization of natural resources at lowest cost.  Hence, one needs to keep a constant eye on the newer introductions to reduce investment risks.

1 Solar power plants
2 Solar power rooftop systems
3 LED lighting products
4 Solar power driven LED lighting products
5 LED solutions for industry and commercial segment
6 Biomass power [Power generation using agriculture and biodegradable non-plastic waste and some crops like corn, grass]
7 LED Lighting fixtures
8 Solar & LED Expertise Development institutions
9 Solar & LED solution for agriculture sector
10 Consulting for Recycling and Waste Management projects




FMCG is the backbone for consumer goods industry.  The produce of various manufacturers finds its customers in FMCG outlets.  FMCG is rapidly becoming a market place for branded to private label products.  Success of FMCG outlet is mostly dependent on the variety of merchandise backed by promised quality and service.  Every existing provision store can evolve itself into a modern FMCG outlet to harness business potential.

1 Exclusive organic products
2 Exclusive private label products
3 Exclusive demographic targetted products [gender, age, profession etc.,]
4 Micro FMCG outlets with mobile units
6 FMCG Brand Management Consulting
7 Online FMCG Stores
8 FMCG Packaging solutions
9 FMCG manpower education and consulting
10 FMCG Management [technology] Tools


Information Technology:


Informaton Technology is like salt for food.  Every small and big business is dependent on the technology tools in each and every process of business.  There are several established tools in the market right from huge ERP applications to tiny SMS pushing interface.  However, what is needed now is technology evolving to the pace, scope, and attitude of customers.  Given below are some of the opportunities as I understand relevant for the present market.

1 Analytical Tools  targetted at lead generation, customer support, to customer aspiration analysis and more.
2 Sector specific online Helpdesk solutions using social media tools
3 Rapid Web Application Development Centers with strong mobile app dev and hosting experience.
4 Digital Content Developers with definite expertise in design, content writing, market analysis, creativity, versatility to use technology tools and more.  The content could be PDF documents, Digital Books, e-Learning content, marketing collateral and artworks for social media platform.
5 Social Media Strategists who knows the sensitivities of online privacy besides the functions and features of tools so as to suggest right strategy and guide right campaign for various business needs.
6 eCommerce portals.  High potential market.  Online portals would face early death unless they come with application efficiency, aggressive marketing, evolving upgrades, precision service, promise compliance, care for customer privacy and most importantly highly secured application architecture.
7 Internet Security Tools and Internet education
8 3D Printing & Prototyping
9 Technology skill development institution
10 Cyber Crime Detection services – Cyber Forensics


Fabrication and Processing:


There are numerous opportunities in this segment.  However, it helps in the success of business if the promoter comes with subject matter expertise.  Innovation today is a small twist to any existing solution.  Creativity is the business driver especially in design and fabrication.

1 Stainless Steel Fabrication.  This is rapidly growing alternate for wood products.  Household furniture, building profiles, commercial furniture, space management designs and many other areas could be exploited for self employment.
2 Space Management Products.  For residential, commercial, small office, and small business segments considering ergonomic needs.  The products could be created using stainless steel, aluminium, wood, composite material, various polymers and mixed metals.  In the growing struggle for space and ascending lifestyle for more comforts it benefits us if we can customize even a 300 sft area with all the two bed room comforts through intelligent furniture design.
3 Recycling products: processing used tyres, municipal solid waste, agriculture waste, plastic waste, drinage water recycling, and many more opportunities.
4 Innovation center in tool design.  A group of experts in various branches of engineering can create an innovative design center with customized design services for individuals to enterprises.  The offerings could be product design to machinery maintenance as relevant to their experience and expertise.
5 Prefab products for low cost housing
6 Metal extrusion products
7 Plastic extrusion products
8 Prefab products: Bricks, Blocks, Rooftiles, Slabs, Pavers
9 Surface finishing and electroplaing services
10 Plastic stationery manufacturing


Service sector:


The opportunities in the segment are unending.  Today’s customer doesn’t mind spending a rupee more provided he gets the desired service.  Further, service industry is the most investment friendly and could be started even by a one man organization.

1 Coin Laundry – Staionary and Mobile
2 Multi brand car servicing center with mobile service unit
3 Home food – Home delivery [quality and service speaks]
4 Logistics company [fuelled by online order deliveries]
5 Healthcare based service center
6 Grooming Services [Stylist, Image Consulting, Portfolio guidance]
7 Flatbed printing [Brand, labels, designs etc., on various articles]
8 Small Business Facilitation Center
9 Steam cleaning machines [Industry, Commercial, Residential]
10 Machine based Wall Plastering Services


Training & Professional education:


The need of the hour is subject matter experts in every sphere of science, technology, business and management.  We have universities.  We have several engineering and non-engineering colleges.  We have many other educational institutions.  These institutions would produce lakhs of graduates and post graduates.  However, several surveys indicate that our graduates lack required skills to attain a job.  Majority of them lack basic communication skills and learning aptitude.  The situation demands right faculty and right teaching.  Our students, employees and other individuals need periodic learning.  This is a great opportunity.  A long term opportunity for discerned investors.  Some of the opportunities in this segment would include:

1 Open source – CMS Apps
2 Social Media for Corporates & Individuals
3 Softskills and Personal Development
4 Leadership Development & Creativity
5 Communication and Emotional Intelligence
6 Data Analytics and Web Analytics
7 Google Applications and Small Business Applications
8 Cloud Computing and Applications
9 Project Management
10 Customer Relationship Management & Sales Development


Hardware & Electronic Sector:


This sector’s growth is fuelled by the growing choice for personal gadgets, smart phones, wearable computing solutions, cloud computing and ambition to tuck the world in purse.

1 Anti radiation products
2 Thermal Management Products for LED solutions
3 Inverters & Batteries manufacturing for domestic sector
4 Affordable GPS trackers and navigation sysems for individuals and transport fleet.  Considering the vulnerabilities in the safety we need affordable GPS trackers for children to elders or should make gps featured wrist watches affordable.
5 POS systems with data mining tools
6 SMART City & Home automation consulting
7 Innovations surrounding wearable computing


Mixed Business Opportunities:


Here is the list of mixed opportunities one can consider.

1 Retail outlet in Handicrafts – Bamboo, Cane, Clay
2 Retail outlet for Dry Fruits, Spices, Concentrates, Confectionary supplements
3 Designer packaging – Sweets, Fruits, Cakes, Chocolates
4 Incubation Centre [Ideal for group of individuals]
5 Crowd sourcing solutions
6 Textile [Manufacture and sale of readymade garments for gents]
7 Data Mining – Survey, Analyze, Sort, Sell
8 Outlet for All Brands Packaged drinking water
9 Youth Empowerment Centre [Social Enterprise]
10 Flatbed printing [Brand, labels, designs etc., on various articles]
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How to setup a new business – 2 day training

Posted by on Oct 23, 2014 in Business, Self-employment, Start-up business, Training | 2 comments

new business

How to setup a new business – 2 day training November 8-9, 2014 at Hyderabad

Training – How to setup a new business?

There are different kinds of approaches among aspirant entrepreneurs during their initial momentum.

  1. Approach of the majority of aspirants would be that he/she would explore on their own the ways and means to turn their idea into business.  As a first step they go searching for a like minded partner and then into further steps.
  2. Some of the aspirants who would like to play safe would talk to business consultants for advise and guidance before they invest their money.
  3. Some of them directly approach banks for project finance with bare idea and without any documentation.
  4. Some of the aspirants would remain in suspended decision while keeping their dream alive.
  5. A very small percentage of aspirants just go ahead setting up their new business with a gut feeling.

We are conducting a 2 day training programme which would provide answers, guidance and momentum to every aspirant who is in the mind and action of starting a new business.

=== Outline on training content ===

  • How to finalize the best business idea?
  • How to start a new business?
  • What are the various steps to launch a business?
  • How to determine a right investment?
  • How to make a Feasibility Report and a Project Report?
  • How to make a Project Plan?
  • What are the schemes available for a security free loan?
  • How to market products or services?
  • What is the right path to achieve success?
  • How to improve present business?
  • How to build online presence for any Business?
  • How to grow to be a big company?
  • How to earn global identity?

=== Faculty profile ===


=== Contact ===


=== Fees ===

INR 4,000 per participant.

Lunch and two time tea is included.

=== Schedule and Duration ===

2 day training November 8-9, 2014 at Hyderabad.  The venue shall be notified in the first week.

This training program aims to cover all such above questions with case study/exercise specific 2 day 16 hour session.

=== Who can attend? ===

  • Anyone who intends to start a new business
  • Existing business owners
  • Consultants
  • Students who would like to get knowledge of business and entrepreneurship
  • Housewives who are keen to start home based businessThe sessions are covered in English with clarifications wherever so required in Telugu or Hindi.

=== Training material ===

  • Notebook, Pen
  • Model Project
  • ReportImportant templates

=== Takeaways ===

  • New Business ideas that you can immediately launch
  • Clarity in Vision, Approach, and Mechanism to start a new business
  • Templates that can be used in the process of setting up a new business
  • Mentoring on case-to-case basis to setup a Business

=== Facebook event ===

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Important links for startup business ideas

Posted by on Oct 14, 2014 in Business, Government Schemes, Project Finance, Loans, Self-employment, Start-up business | 0 comments

Important Links for startup businesses

We have got numerous institutions in Government sector who assist in idea development to promotion of startup ideas.  The services constitute:

  1. Geography specific potential opportunities for startup businesses
  2. Sample Project Reports that provide one glance understanding of chosen startup project
  3. Data of capital equipment suppliers
  4. Steps to register a startup company
  5. Government Schemes with details of loans, incentives and other support to startup companies
  6. Research, Incubation and Marketing Support to startup businesses
  7. Market Data pertaining to several startup opportunities
  8. Access to global data for export of produce
Services from EPMWORLD

EPMWORLD Service diagram

There are many more services that industry promotion institutions provide to a startup business.

Startup founders, however, would ignore the effort of research and exploration and thus work with insufficient data.  Moreover, the prime focus of startup founders mostly targets loan procurement.  Banking institutions in India are not startup friendly.  The schemes like CGFT and its provisions are grossly under utilized owing to touch me not attitude of several bank authorities in accepting CGFT based loan applications.

Considering the above it is important that startup founders should explore various government provisions and then approach financial institutions with right documentation for loans or incentives.

The other option is to engage a consultant who would enlighten them on various related activities to setup a startup.

Here are some links that would help startup founder to explore data on some of the above aspects.

The above links are just indicative.  There are many more institutions and several more URLs to explore.

You may also like to explore various pages of this blog related to government schemes, project loan process, startup business ideas, idea evaluation, entrepreneur qualities, branding, online reputation and many more business aspects.  Should you need more information may please leave your comment herein.  I would try to answer your queries that falls within my scope.


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Some of the business ideas relevant in today’s market

Posted by on Oct 11, 2014 in Business, Self-employment, Start-up business | 0 comments

business ideas

Entrepreneurship and Business Ideas

Top 10 business ideas for start-ups.

Suggested business sectors:

  1. Food Processing
  2. Textile and ready made garments
  3. Technology [Software Product Development and maintenance, eCommerce, Internet Security, IT literacy, Digital Infrastructure deployment and maintenance]
  4. Social Computing / Social Media
  5. Smart Infrastructure development
  6. Solar Energy and allied infrastructure [MW Solar plants, Rooftop Solar Plants, Trading in PV Panels, Inverters and Batteries, Structural Services to erect Solar Plants, Specialist Electrical Services for Solar Installations]
  7. Automobile Components
  8. Textile & ready made garments
  9. Service Sector [associated with Sea Ports, Airports, Healthcare and Lifestyle segment]
  10. Training [Soft skills, Leadership, Sales and Customer Support Management, Finance Skills, Entrepreneurship Development Skills, Data Analytics, Digital Marketing,

Check this before you go for manufacturing activity.

  1. It would be ideal to take up any manufacturing activity based on product buy-back arrangement [job work] or specific network / market strength in the line of activity considered.  If not we will have to bear credit line to buyers, minimum 6 months working capital (depending on the product cycle), R&D and more.
  2. The other option is going with collaborative model with a foreign company to produce import substitute items in India.
  3. The DMIC corridor, Make in India, and proposed Industrial Estates in Telangana and AP are another opportunity in the coming years.  The focus areas of these projects are many varied items to cut dependency on China made capital equipment and end user products.  These efforts are definitely going to provide opportunities for ancillary industry growth.
  4. The other way to explore manufacturing opportunities is to scout for takeover of sick unit or advertise in local News paper for collaboration / partnership opportunities.  This may reveal some good opportunities.
  5. For manufacturing ventures, it always helps if one of the member promoters come with technical or marketing expertise in the chosen manufacturing activity.
  6. Last but not least one can go for manufacturing activity to produce any innovative product.  Innovation doesn’t mean a totally new product idea.  A small twist and improvisation of any existing product which enhances the utility value at affordable cost can be considered.

Brief on IT sector business ideas:

Software product development is an evergreen sector as long as the product becomes a solution to focused problem and the product is designed with inherent efficiency, security and compatibility to various environments.  Considering the growing patronage to cloud computing technology, smart phone infrastructure, and internet security tools,  there is sufficient scope to devise new products or improvise existing solutions to the newer environments.  The other perpetual avenue is enterprise market constituting ERP and ERP integrated with social computing tools and data analytics.

The other promising business ideas in IT Sector:

Website development:

This is a perennial market.  The challenge, however, remains to be the capability of the organization to develop a professional website [elegant interface, aesthetics, mulsti browser compatibility, efficient loading, nil dead links, user friendly navigation, professional and crisp content compatible to search engines and self declarations for content and design ownership] incorporating digital documents [pdf brochures, e-readers, digital collateral with various presentation options, interactive forms for online interaction by customer for enquiries, feedback, survey, referal, and more].


Practically many offline business models could be converted to online models.  The approach would be offering of related product group constituting a few items in the initial stage.  The products could be from segments like Lifestyle, Food [especially organic food items], Construction, Infrastructure, Supplementary services to Healthcare, Hospitality and Travel & Tourism.
Success of any online venture depends on right scoping, application efficiency, aggressive and judicious marketing strategy.  Many of the failed online ventures have their root to inappropriate business model, poor infrastructure and/or wrong positioning.  The important advantage with the online business models is that they become attractive for funding institutions or individuals once the initial sustenance is proven with promised future.  Popularity and application efficiency are the foremost attractions for any online business models.

Mobile & Tab Applications:

Again many desktop applications, online applications could be ported to Mobile and Tab platform.  Thus opportunities are immense in this segment.  Any application addressed to customer service, sales, marketing, consumer behavior analysis, analytics has good scope irrespective of any number of competitive products. This market has bright future.

Internet Security.

In the coming one year we are going to witness Digital India through which efficient Internet bandwidth is going to be made available to lakhs of villages.  As the Internet infrastructure grow so the requirement for safe and secure management of such infrastructure. One may think about collaborating with existing security products to be offered in the market with supported maintenance.  This can be combined with Internet literacy offering to the users.

Social Computing and Analytics

The end users for these products are small companies to large corporations whoever have implemented intranet social computing infrastructure and/or Internet presence.

Some of the business ideas in Education & Training Sector:

  1. IT Skill development [Career centric technology training].  Market is inundated with training institutions whose primary focus is volume of business than the quality of content.  Thus if an organization can focus right curriculum with efficient faculty there is enough room for new comers.  Almost 70% of engineering graduates are failing the eligibility criteria in the technical aptitude and professional outlook.  This fact itself vindicates that the existing training and skilling infrastructure lacks right content and approach. This business idea works well in the future as government is looking to collaborate widely with private institutions under PPP model.
  2. Softskill & Leadership development [Govt. of India and Govt. of AP are coming up with special mission to train youth in softskill and leadership development].  This is one of the topmost priorities in India in the path of youth empowerment for employment or self employment.
  3. Multi vocational skill development unit inline with ITIs & Polytechnics. These are going to be in much demand in the coming years.
  4. Education (Professional education / coaching centers / Mentoring hubs )

Few other business ideas:

  1. Stainless Steel Fabrication, Furniture for domestic, commercial and industrial purposes.  Every furniture product should provide the benefits of aesthetics, space optimization, ergonomic advantages, multi-use and must come at affordable cost. Many of the home furniture items can be redesigned using SS, wood, aluminium, plastic or any other composite material.
  2. Trading in Modern Building material
  3. Industry specific help desk solutions
  4. Industry specific Customer Management solutions
The above are just indicative.  However, among other things every business opportunity at the outset has to be analysed considering (i) Promoter’s expertise (ii) Place of business (iii) Product / Service demand in the target areas (iv) Promoter’s equity (v) Government support; and (vi) Competition.
If you need any clarifications may please leave your comments.  I will attempt to answer to the extent possible.  However, if you need personal consulting the consulting fee shall be INR 1000/- [one time].  We don’t charge consulting fee for micro business setup, or students who come from humble background.
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Entrepreneurship and Business

Posted by on Aug 15, 2012 in Business, Self-employment, Start-up business | 2 comments

As a strategic consultant for Businesses, mostly for start up ventures, I would attend to around 50 enquiries a month. My experience with several such business enquiries since the last few years has been quite surprising and disappointing too. It is disappointing because most of the callers turn out to be specific to embark on to a business of their choice. The fundamentals of business set up like market evaluation, idea research, and the need for process documentation have never been felt to be important in their business pursuit.

As a matter of best practice, marketing capability should come as the first metric in analyzing the Business investment. The market capability means the readiness of the market to accept the product and the willingness on the part of the investor to wait for the results while continuing with the brand positioning efforts. This aspect is again the most ignored one.

business guide epmworld blog

Many of the callers query for a unique Business that is not present elsewhere. The pointer here is that it is very risky to start any such Business unless it pivots on the most unique, innovative and huge customer focused requirement. The other type of callers have been impulsive entrepreneurs who owing to situations like forced unemployment or recession led unemployment or with competitive spirit to prove oneself get on to business thought. Such an impulsive investment would only make them restless for return on investment besides placing them in piquant management situations leading to operational dysfunction and business loss at the end.  They don’t like to care for such possibility in the spur of the business thought.

Here again are other classes of callers who want to get into Business without moving from their home. Mostly they are housewives who want to utilize their leisure time to earn some business income. Such a possibility is remote unless the person becomes part of an ancillary network for a large marketing company or possesses unique skill set like arts, crafts, tutoring or culinary skills to earn home based income. However the thought of this category of callers is very genuine, but the mindset that they do not want to step out for neighborhood marketing or research or community service like activities – which truly will engage them in a productive activity – doesn’t realize their dream to become entrepreneurs.

This is a disappointing category of callers who have already invested huge sums on a given business idea and are on the edge of collapse. Like an emergency patient who should undergo an operation but doesn’t have money, these entrepreneurs ultimately would not be able to continue their venture for financial constraints [even with a small working capital to put their operations in course]. Neither would they have reached to a finished product level to raise project finance for marketing.

At the end I would find some 10% of the callers relevant for entrepreneurship. The above situations are the result of lack of entrepreneurship education or mentoring for aspirant ventures. Again this clearly shows the spirit of entrepreneurship among many people around us irrespective of the size of the business they would like to start off.

May be it is time to take up entrepreneurship education to community level through periodic workshops and micro loan melas and social enterprise support.

The knowledge dissemination in this context can happen through various Business Schools making their faculty and students as the supporting mentors. Entrepreneurship is the tool for employment generation. Thus it is essential to spread the awareness to increase the quality rate among the callers as above.

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