Upcoming Sector for Entrepreneurship - [English] - ProStar Support

>> Today's era is of Startup and Entrepreneurship in the world people are converting their idea into reality and showing more confidence in trying new things than in traditional jobs. That's why there is more youth in India for entrepreneurship and startups who are not afraid of failure. Those who want to try themselves at least by trying and see how much power they have in their new thinking. This is a reason why you will see entrepreneurs around you, their spirit may be small but their spirits are big. 

>> And today ProStar Support will tell you which are the sectors in which Entrepreneurs can be made in the coming days or business can be developed. The number of entrepreneurs in India is increasing day by day. In 1980, the new companies registration was 15 thousand, the same reached 1 lakh registration in 2010 and entrepreneurs with 28 years average is most youngest entrepreneurs worldwide. Bangalore is called the Silicon valley of India which has also become the Startup capital of India. Startups like Ola and Flipkart Started from here. 

Let's Start those Sector Which Have a Better Scope for Entrepreneurship in the Coming Days!

Let's Talk about E-Commerce

>> All the platforms online where you shop for your needs are called e-commerce. Flipkart, Amazon, Alibaba.com, are the names that people all over the world know. But it is not that the public does shopping only from this, there have been many other such platforms and new ones are coming. 

>> Just need to develop your own knowledge, which is new and innovative, with which the potential to move forward is visible. In the online segment everything like food and drink, mobile and electric items, gadgets, make us accessories, and furniture can be sold, what people need every day.  

>> Indian e-commerce market is likely to reach around 84 dolor billion this year. Nykaa, Meesho, Healthcart are the names that have made their mark in ecommerce through new idea. 

Let's talk about Alternative Energy

>> Due to rising prices of petrol, diesel and other sub-traditional fuels and due to the bad effect on the environment, energy and green energy have started increasing all over the world. In European countries, more attention is being paid to electric vehicles and wing energy and solar energy. In is the first country in North Europe which is using the maximum number of electric cars and 33% of electric vehicles have been registered in the registration of new vehicles there. 

>> Now this trend is increasing in India also and road transport Minister Nitin Gadkariji has also said that India will be made a hub of electric vehicle in the coming days. That's why the scope of making electric vehicles, making batteries for them and setting up charging stations has increased very fast. Ola has shown you its Successful example by making an electric scooter.

>> That's why if you want to get into this scooter, then by becoming an entrepreneur here you can see a bride future. The demand for installing solar panels in alternative energy has also started increasing. People are installing solar panels in their homes to reduce the cost of electricity. Installing Solar System in the beginning cost more than 2 to 3 lakhs but it proves to be a profitable deal for the long term. That is why it proves to be a good business to enter into making solar panels as well.

Let's Talk about OTT Platform

>> There will be many of you who will be a subscriber to the OTT platform and will be watching the web series as well as the movie on OTT. A new dimension of entertainment has opened up with the advent of the OTT platform. Apart from big OTT platform like Amazon prime, now many new application are being launched. Where people are being entertained in national as well as regional language.

>> The Indian OTT industry is valued at 1.2 billion dolor by 2021, to be 12.50 billion dolor by 2030. So from this you can get an idea of the growth rate. That's why you are creative to entertain people, you can start your business by launching such a platform. Not only this, OTT industry is also giving employment to lakhs of people who are dreaming of making their career in the entertainment industry.

Let's Talk about Eco-Friendly Items

>> As we are adopting an entertainment friendly attitude, the opportunity for business in these things are also increasing. Ecofriendly thing is being promoted in the office, corporate house and government department and since the arrival of the health center of government India, the awareness among the people towards single use plastic is also big. 

>> That's why the demand for ecofriendly cotton bag has also started increasing, You will also get to see variety of products in these such as office bags, purses, vegetables bags, laptop bags etc. 

>> So if you make such a thing and have an expert in sales line, then you can become an entrepreneur with less capital in the work. Which will also give employment to people in your locality and will also save from damage to the environment. Talking about the market, the more people you can fulfill the awakened, the more your business will benefit. 

>> There was a time when large branch cloth carts were used for marketing of branding purposes but the rules and regulations have become very strict regarding the use of single use plastic in India. Today's why in big shopping malls, these days goods are delivered to people in paper bags and cloth bag. If you come into this business production then Panchayat office, Municipal corporation government department, Social organization and NGO can be become your customer. By the way, you will get a separate article on manufacturing of sharing bags. 

Let's Talk about Delivery Solution Business

>> In the Growing trend of online business, the business of online delivery also seems to be successful. Online order has now reached small villages and towns, not being limited to bit cities. Therefore. the e-commerce platform need a lot of delivery partners to deliver the goods to the end user.

>> You can set up your own business by becoming an entrepreneur in courier service agency and transport service. Due to the increasing use of the internet, the e-commerce segment is growing a lot. It has reached up to 10.5% growth rate of courier express and parcel express in the world. Apart from such big operators like Blue dart, Gati, Fedex, Dhal and new companies are also engaged in making their business stablish in the segment. 

>> In the beginning of 2019 itself, the value of the gap i.e. courier express and parcel market was seen at 4.29 billion dolor. If you are also ordering goods from many small towns and villages, then understand that e-commerce companies are in great need of delivery partners and here you can become an entrepreneur. 

Let's Talk about Mobile Wallet Payment

>> After shopping, taking groceries or after eating Momochomin at a fast food store often for payment, you search for QR code or pay bills from mobile wallets such as Paytm and google pay. Only debit or credit card is being used because instead of entering ATM card number and expiry date and CVV then scanning the code pressing the password people have started feeling easy to buy from mobile wallet. 

>> Because there is no swipe machine everywhere, this is the reason why buying from mobile wallet has increased a lot and with every passing day, you are seeing new platforms and applications on this segment. 

>> The advantage of these is that benefits like case back gift coupons, bonus points are also available. The latest update of UPI has been given by the Center Governments that about 2.29 million transactions have been done through mobile wallet. In which Phone Pay and Google Pay person to person have achieved 85% market share in transaction. That's why by launching your own platform on mobile wallet, you can step up in entrepreneurship. 

Let's Talk about Cyber Security

>> As our dependency on the internet is increased, in the same way cyber crimes like online fraud, cyber attack, hacking fraud are also increased. In this Cyber security service provider, Banker bank, Private companies, Telecom sector, Ecommerce Platforms, colleges & Universities, Government, Project and department there is confidential information of lakhs of people here. They can be given protection from cybercrime. 

>> Many times cybercrime people find loopholes in websites, Database, online platforms, apps so that business can be damaged or ask for a ransom. In the Internet industry, cyberattacks can often be made of enemy countries. 

>> That is why if you are studying cyber security, are interested in this field of have been a cyber security expert so it is high time to open your own cyber firm and find out your client from market who need cyber security service. 

>> The Indian cyber security market was valued at around 140 billion rupees in 2019, which will reach 290 billion rupees by 2025. You will find many articles on cyber security on ProStar Support which is very helpful to increase your knowledge. 

Let's Talk about Digital Marketing

>> For business promotion and for traditional advantage to increase your customer base along with getting advertisements done in print TV and Radio, you also give ads on social media. Because people may or may not listed to radio of watching or not T.V., Read or not News paper but their social media presence is always.  

>> That's why whenever you see a sponsor link on your timeline, then understand that it is a part of social media advertise. Anyway, in the middle of the video you would have got to see ads, so if you open a digital marketing agency so you will have a chance to become an entrepreneur in this segment. 

>> Digital Marketing business is expected to reach 160 billion dollars by 2025. Getting advertised on social media leads to digital marketing. In which the company's service and product are shown on the user's screen of social media in the area choose by the client and from there the lead is generated and sent to the client so that the most frequently viewed user can be followed and converted into customer. 

>> If you open digital marketing then Hospital & Nursing home, School & college, Universities, Automobile Companies, Hotel, Car and Bike Showroom, Shopping Malls, like a lot of cleats can be approached and business can be done. 

>> So friends, we hope that with these ideas you will see new opportunities to make entrepreneurs and you must have liked this message too. If you want information in any other sector, then your comment and feedback are welcome. By the way, to be the first to read such informative articles, do not forget to follow ProStar Support and share this article. 

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