Recently, some of the business plans, I made in Indian Market , is extensively focusing on making a product company . Some of them are online and the others are offline. Has the time for building a product company from India, finally arrived ? Can this transformation possible now, that we start also making global Internet and IT product brands . Following are the indicators , which says the time has finally come. Let me find , whether you agree on it or not ?
- There are no dearths of opportunities. And presently there are no significant players. Along with, there are host of categories – Telecom, Consumer Electronics, Non-Conventional energy, Software systems and tools, Food processing, financial systems, Instrumentation, Automobiles and the list is endless .
- Finally, the Indian Middle class has arrived , with a great purchasing power. One of the problems with products, that companies often use to mention, by not able to build a strong product, is the absence of a large domestic market. Now that problem is not there.
So what do you think ?