Business Opportunities in ANDAMAN AND NICOBAR ISLANDS [Profitable Business Ideas]

Our expert’s team has studied Andaman and Nicobar Islands Region, allied industries, it’s trends, traditional as well as new emerging business opportunities, and collected a few potential & profitable business ideas.  And prepared a “Market Research & Opportunity Analysis Report for Andaman and Nicobar Islands”.

 

Union Territory of Andaman and Nicobar Islands is an archipelago of 572 islands located in the Bay of Bengal and the Andaman sea. It is rich in flora and fauna with unique species of plants, birds, butterflies. The only volcano in India is located on Barren Island which is an active volcano. Many tribes live on these islands and some of which are untouched. Due to natural sceneries and beautiful locations, it is a major tourist destination of India. The Andaman and Nicobar Command is the only tri-service geographical command of the Indian Armed Forces.

Major sectors are Fishery, Tourism, Hospitality and Wellness, Handicrafts, Agri-Horticulture, and Food processing. The annual fishery potential of the islands is about 4% of the fishery potential of the country. The islands have an exclusive economic zone (EEZ) of 0.06 million sq. km, which is about 30 percent of the country’s EEZ and endowed with unique marine habitat. Islands have recorded tourist arrivals of over 515,000 during the year 2019. The handicraft industry is mainly dependent upon its shell crafts. Mainly shell crafting is done for making decorative items, ornaments, table lamps, etc.

It’s increasing infrastructure and facilities as well as new government schemes and policies which support entrepreneurs and investors to set up and start a business in this union territory. It will get its first rail line as Railway Ministry has sanctioned a project to construct a Railway Line Linking Port Blair with Diglipur. Building national highways and connecting state highways to it will increase transport. Such projects will benefit locals, businesses, and tourists. Optical fibre cable connectivity to Islands from Chennai will provide better internet connectivity which will help IT & ITeS industry to grow here.

The availability of natural resources and established connectivity of Islands to major ports in India as well as to neighbor countries has increased export by few folds. Its market and economy is growing at a faster rate and has great opportunities as well as a huge potential for existing businesses and new business ideas.

We have done the research and got the best business ideas that can generate potential business in Andaman and Nicobar Islands.

What I will get from this report?   

• You will get researched based business ideas for the region.
• 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 the selected location?
• What are the major drivers, trends, restrains, threats, and opportunities of a business idea?
• What Infrastructure is available in the selected location.

All these and many more questions will be answered in the report with detailed information.

Why one should get this innovative report?

• This is the most innovative format of the report which helps you make the decision about the business idea on the basis of information provided in.
• Most systematically researched and constructed report.
• Prepared by experts and professionals from the industry.

How I can order this report?

• You can ask for all the business planning reports related to the subject.
• Drop a line about your interest to info@meticulousbplans.com
• OR fill up the inquiry form.

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