Business Opportunities in India
There are plenty of exciting business opportunities in India. We have started a list of business ideas for those entrepreneurs who are interested in Internet ventures, outsourcing technology, e-commerce opportunities, software development opportunities, business trends and other business ideas. We hope to add to this list as we find case studies in Bangalore, India.
(1) E-COMMERCE EXPORT OPPORTUNITIES IN INDIA
There are plenty of things that can be purchased and exported. One young man has sought out unusual coffee and spices and now has an e-commerce site where he sells these items through the mail. Perhaps it is not even necessary to purchase and warehouse anything. Partnering and establishing joint ventures with Indian companies would give you the opportunity to handle a variety of products without the risk and cost. You could simply create a website that sells the products. This is not much different than Amazon.com. Do you realize they don't publish books? They just sell other's. Often they have the book sent to the customer directly from the publisher eliminating the shipping and storage.


The Potential: The potential is to find a niche market. Perhaps this could be in the area of health care products, herbs or plants that are only found in India.

The Downside: The risk is that the product may not sell. Fortunately the Internet can be used to test the market before taking much risk. It is much easier to find the demand for items and then meet that demand than to start with the product. India has plenty of products that can be tested on the market.

(2) EXPORT DATA SERVICES
Any kind of outsourcing of data entry or data conversion is a good candidate for a successful start up business in India. The hottest thing these days in Bangalore is medical transcription. Doctors and hospitals in the USA send their audio transcriptions via the Internet to Bangalore, India. They send the audio file at 5:00pm which is around 5.00am in India. The workers can do their work so that the Doctor has the text document the next morning. In Bangalore you can find good examples of companies already doing this. Go to Yahoo and type in "data entry India" or "data conversion India". You will be startled by the amount of information that is available.

(3) START A SOFTWARE COMPANY

A computer may be accessed by various users and it is imperative that each user is able to keep his/her records safe from prying by others. Further, in case a software is running on a network, sharing the same database, each user must have a secure area for storing his/her records and accessing them when desired.
With just an active internet connection, you can organize professionalonline conferencing for your company and clients.