Top 10 Current Businesses in India

With stock markets at record high and Inflation still being a pain - basic commodities being sold at a higher rate - oil prices increasing, leading to unsettling petrol/diesel prices - introduction of GST - common man finding difficult to meet his monthly budget - this place for sure isn't a better one for many. The Govt. is to be blamed for many of the above effects. The promise of bringing black money into India is still open. No improvements have been seen in infrastructure development. Common man had been facing severe blows due to policy changes. Due to introduction of FDI in Retail/Insurance and other sectors have helped Foreign companies increase its footprint in the nation but small and medium scale Indian companies have been hit hard. The roadside sellers are at large affected due to changing schemes. To a great extent this Govt. has been anti-people though the intention is to make a better country. The Govt. wants to regularize and standardize things but at the cost of imposed burden on the people. With living getting increasingly uneasy, let us look at few of the businesses that has been flourishing over the last few years.

1. Call Taxi/Auto - People have started to use Autos and Call Taxis at large for commute. Earlier people intended to use Buses/Trains for commuting. But due to increased density of population in metro cities and the abundance of other options available, they have started to use Taxis and Autos frequently. Ola, Uber have been used with incresed satisfaction and value for money seen. Increased number of drivers are linking everyday with these transport companies and gaining jobs. Huge number of Share Autos are connecting towns in the city and are a satisfactory replacement for Govt. buses.

2. Private Transport linking Inter-cities - Large number of private buses are in flow to transport people across cities. With the facility available in the Govt. buses being poor, people have started taking up these private buses despite high cost. Long queues are seen during the weekends for people waiting to commute. Significant number of job raise has been seen in this sector. 

3. Automobiles - People have been buying Bikes and Cars for their personal use. Sales of Bikes and cars have risen significantly. Despite oil prices going up, people have still been favoring purchase of vehicles. Luxury has in turn turned a necessity these days enabling increase in sales. The mechanical spare parts purchase too has raised due to this. Large number of Automobile repair shops have been opened and doing good business. 

4. Super Markets - Departmental stores and super Markets are being on the rise. Significant amount of jobs has been generated owing to the demand from the consumers. People are preferring buying products from them. The consumer spending have grown in the last few years. 

5. Restaurants - People have started visiting restaurants at least once in a week. There has been enormous growth in this sector. People have been spending graciously at these restaurants that offers lots of innovative-latest trend food items. The roadside shops too have seen great demands. The sales of snack items at the roadside shops outside IT companies are higher than ever and the profit that they get are on par with the salary paid to IT employees.

6. Real Estate - Every man wants own a land - own a house. There has been increased number of flats and apartments in the city. This is one sector the refuses to slow down. People are investing hard in this sector. Despite density of population and pollution, people still want to buy a a land in the city and avail all the benefits that the city offers. Even the land prices in the villages have grown exponentially. 

7. Gold - A safe haven  - a replacement for Dollar. It has always been on the upside and never dropped down over the last 2 decades. It is always considered a safe bet cum investment in oscillating market trends.

8. Pharma - Increased number of diseases are spreading worldwide and the need for better treatment and better medicines is on the move. People are prone to lots of health issues due to their lifestyle and hence need for medicines have gone up. The Pharma products are sold on par with FMCGs. Such is the trend of today. Hospitals, Labs, Doctors and health service organizations are paid well. This is one sector that will dominate the market in the long term.

9. E-Commerce - Flipkart, Amazon, Ebay - People have been thronging online retail stores for buying products. Lots of low price, good quality products with most choices are available for consumers to choose from. These companies have been coming up with lots of discounts attracting consumers at large. E-commerce will be the next boom.

10. Education - One of the best markets of today - Schools and Colleges have changed from service providers to money making instruments. Due to increased population and awareness for education, every one wants to give their child the best platform. Due to increased demand, fees have gone up. There has been considerable growth in this sector and increased jobs creation.

These are the above top businesses that are seeing good volumes and growth despite volatile markets. For a good time, these will dominate other businesses. FDI in these businesses might create jobs, but at the cost of small scale and roadside business players. While the necessity of FDI into these sectors is a question for the Govt., a little of its stake (like 30%) would not do much harm for the local players. 100% FDI would be a threat to both consumers and local players. If you're the one involved in any of the above sectors there's huge potential for you to make good money in the near term.   

   

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