SURAT - Market Research and Opportunity Analysis Report

1. SURAT- Market Research and Opportunity Analysis Report • Report Inclusions • Geographical Analysis of a selected location| Demographical Analysis of selected location | Market Dynamics | Economical Overview | Environmental Analysis | Existing Infrastructure | Resources Availability | Market Potential - Untapped Opportunities | Potential Business Ideas and Ratings Know more- http://meticulousbplans.com/market-research/

2. Executive Summary and Analysis • Surat is a city in the Indian state of Gujarat situated on the bank of Tapti river. • It is the 8thlargest city and 9th largest urban agglomeration in India. • Surat, famous for its diamond cutting and polishing is also known as the ”Diamond City of India”. • Surat used to be a large seaport and is now the commercial and economic center in South Gujarat. • According to a study conducted by Economic Times, Surat will be the world's fastest growing city from 2019 to 2035. • Surat was awarded "best city" by the Annual Survey of India's City-Systems (ASICS) in 2013. • Surat is selected as the first smart IT city in India which is being constituted by the Microsoft CityNext Initiative tied up with IT services majors Tata Consultancy Services and Wipro. Market Research and Opportunity Analysis Report SURAT

3. Economical Analysis • Surat has an annualized GDP growth rate of 11.5% over the seven fiscal years between 2001 and 2008. It ranked 10th in India with a GDP of 2.60 lakh crore in fiscal year 2016. • The city is famous for its diamonds and textile Industries and as a shopping center for apparels and accessories. • Surat is a major hub of diamond cutting and polishing. World’s 90% of diamonds are cut and polished here. This industry earns India about US$10 billion in annual exports. • As the city is known for producing textiles, including silk, it is also known as the textile hub of the nation or the Silk City of India. It is very famous for its cotton mills and Surat Zari Craft. Surat is the biggest center of man-made fiber in India. • There are many SME Domestic IT Companies present in Surat. MNC IT companies like IBM,HCL have satellite or virtual branches in Surat. Market Research and Opportunity Analysis Report SURAT

4. SWOT Analysis • Efficient and effective governance system. • High quality infrastructure. • Increase in water and air pollution due to high industrial growth. • Lack of premier institutions. Strengths Weaknesses • Biggest center of man-made fiber in India. • Upcoming mega infrastructure projects like Bullet Train, Mumbai – Ahmedabad expressway will boost trade & economy of the region. Opportunities Threats • Flood prone city. • Recession in diamond and textile industry can have a negative impact on the economy as the city heavily depends on these two sectors. Market Research and Opportunity Analysis Report SURAT

5. Untapped Business Opportunities in SURAT • Digital Marketing Agency • Mobile App Development • IT INDUSTRY • Food Industry • Cold Processed Spices Manufacturing • Banana Powder Manufacturing • Energy & Cleantech • Electric Vehicle Business • Edible Cutlery Manufacturing 1 3 5 2 4 6 • Boutique Hotel • Property Flipping • Service Industry • Healthtech industry • Real estate • Mystery Shopping • Mobile Car Wash • 3D Printing • Home Healthcare Services Market Research and Opportunity Analysis Report SURAT

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