Indore Markets: Aiming to be the Fastest and smartest Local to Global market of India.
Indore is a city of such diversity that giving it a specific sobriquet would be impossible. It is a city where growth and development go hand in hand with vibrancy and vividness. Indore has the scope to establish itself amongst the top industrial markets of the country with its current growth rate. The fastest-growing metropolitan city of the country, Indore is on its way to set its foot as one of the smart cities of India while marking its presence in all the leading markets of the country. Indore has become a top choice for Local and International brands to not only find an ideal consumer base but also as a top-notch location for production. There are various factors that contribute to this case.
- Indore’s geographical location enables it to establish connectivity through its excellent road network with major production and manufacturers as well as markets of the country like in Maharashtra, Gujarat, Rajasthan, and Uttar Pradesh.
- Indore has industrial areas of Sawer and Pithampur in extremely close proximity. The Pithampur Industrial area, ranked number one by the central trade & commerce ministry, brings in products for a lot of Indore based companies providing convenient and fast manufacturing.
- Indore’s Devi Ahilya Bai International Airport is the only international airport in the state. It has a lot of potentials to provide Indore the global connectivity it requires for exports, providing Indore’s goods a global market.
- Indore’s diverse populations include equal proportions of skilled labor as well as high-end consumers. This is a boon for all those manufacturing brands that require laborers for production as well as consumers to test their products that are to be freshly released in the market.
- IT and Software Companies have a hub in Indore and is soon growing to prosper amongst the IT giants of the country. On one hand, where big IT companies like Infosys and TCS have established branches in the city, there are companies like Infobeans that started from Indore and now have become a global brand.
- Indore also has extremely popular brands for bakery and namkeen, like Nafees and Akash, which compete with brands of the global level.
- In times where local goods shall be the need of the hour and local manufacturing for local consumption is the new trend, Indore has its base all set in a variety of sectors where citizens of Indore are already in the habit of consuming local goods.
Needless to say, Indore Markets are extremely vocal for local goods and Indoris are well ahead on the road of self-reliance. While battling with this pandemic, the country has to ensure that revenue is maintained and the economy doesn’t take a dip hence domestic produce and consumption are what is advised by the government. Indore can run ahead in the race of production and local manufacture leading in the race of development.
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