India has successfully switched from business to entrepreneurship. With the world going online more rapidly, there are more new small and medium enterprises today than ever before.
With user demands rapidly changing and global standards to compete with, new ventures are coming up and falling behind faster than you can even imagine.
Ever since India opened its doors to the world in 1991, the standard for ‘good quality products’ shot up drastically and has only gone higher. With the dawn of the internet age, a click-worthy lifestyle has become the new normal.
And as the customer’s focus shifted from product to experience, people have started opening new ventures that promise Instagrammable moments and experiences. Coffee dates turned to hang out at Starbucks and hundreds of cafes have rapidly come up with different themes and offerings.
There has also been a rise in the number of new ventures in the service industry. With so many existing and new businesses emerging in India, it is harder to stay ahead or gain visibility in the market. A great way to get a headstart is by choosing your business location carefully.
Since 2009, over 7000 startups have come up in India, more than Bangalore, Mumbai, or any other metro city in India. As of 2019, the cumulative valuation of all Delhi startups stood at about USD 50 billion, followed by Bangalore at USD 34 billion.
Silicon Valley has been the standard for IT hubs across the world. In the same way, the national capital region of Delhi is quickly becoming the centre of business for new and emerging startups. To maintain a lead while doing business in Delhi, choose an SEO company in Delhi that can make your brand visible online so that more people can find you offline.
Delhi is an important industrial hub. A large number of multinational businesses are headquartered in Delhi, and many wholesalers trade within and around it.
This makes Delhi favourable for new online businesses because of easy access to wholesale goods, and the large market and diverse audience to experiment with.
There are many more infrastructural, social and economical benefits of starting your online business in Delhi NCR.
Developed Transport System
With the coffee shop work culture making its way into our lives, a lot of work happens on the go. For this fast-paced working style, ease of travelling is very important.
Delhi-NCR has a well-developed metro network, easing commute within the city while connecting major parts of Noida and Gurgaon as well.
Even for office employees, travelling is a major hassle. Delhi’s public transport network takes care of this problem, leaving people’s minds free to be more productive at work, resulting in success for their businesses and room to think of newer ideas.
Low Real Estate Prices
Co-working spaces have risen unstoppably in the past 5 years. Instead of purchasing entire offices as legacy businesses do, new entrepreneurs save on real estate prices and high rent payments by opting for these lively workspaces with world-class amenities.
Rent for commercial properties in Delhi is much lower than other hubs like Mumbai and Chennai. This is another load off for freshly starting businesses.
The Industrial Capital
Being the capital of India, Delhi has a lot of major headquarters. It is one of the most frequently visited cities in the world, both for tourism and business.
Add to that the easy availability of labour, raw materials, wholesalers and diverse sample size for every niche. Delhi NCR is the perfect place for you to start your online business and bring it to life. It is the perfect destination for the businessmen who are looking to give a new start or upgrading their existing business with the help of a reputed digital marketing company which can either offer online services in Delhi NCR or in all parts of India.
Build Your Online Presence First
The one major factor for the success of new startups is that they don’t build on command. They don’t follow orders to start a business, rather they strive to solve problems they faced as customers.
To reach these customers entrepreneurs need to be visible where their audiences are already present and lure them to their enterprise.
The best thing about an online business is that if you can establish a powerful online presence, you can attract visitors from all around the country.