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Product Ideas for Manufacturing Startup

K

krishnat

#1
#1
Hi all.

I would like to start a manufacturing business in India. Can you suggest me which product would be better.
 
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R

reynald

Quite Involved in Discussions
#2
#2
Re: Idea for Manufacturing Startup

It depends on the location where you want to have it.
Start first with market analysis - who are your target market, what are their needs, how vast is your planned distribution network

I don't think there is a straightforward answer to this question about product but there is a step-by-step procedure to know the answer to it
 
K

krishnat

#3
#3
Dear Reynolds

Thanks for your reply.

Can I start market analysis with history of imports to India. Which material is sharing maximum imports to India.

Can I start with this kind of approach

Regards
 
R

reynald

Quite Involved in Discussions
#4
#4
Yes,
That is exactly what I did when I created a feasibility analysis.
I looked at top imported goods and want to capture that market.
Next step would be who's using them and where are they located.
 
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