Tuesday, February 27, 2024
-Advertisement-
Reimagining Public Sector Analytics
Reimagining Public Sector Analytics
HomeNewsStartupsStartups ecosystem in North East strengthening; Here’s what entrepreneurs can explore

Startups ecosystem in North East strengthening; Here’s what entrepreneurs can explore

Follow Tech Observer on Google News

With push for development in North East, the potential for startups in the eight north east states have significantly increased

Google News

With central government pushing for development in North East, the potential for startups in the eight north-east states which includes seven sister states – , Assam, Manipur, , , , and , and the Himalayan state of Sikkim have significantly increased over the past few years. There has been a concerted effort to improve the connectivity and transport facility coupled with administrative focus, this has led to more young people exploring possibilities in the north-eastern states for entrepreneurship.

For instance, whereas in certain areas of Northeast, including states like Arunachal Pradesh, while almost 40% of the fruit goes waste on account of lack of adequate storage and transport facilities, the same can be used to produce and manufacture fresh and pure fruit juice at a much more cost-effective price. Startups can look into this area.

Also, during the peak season of tourism when there is no accommodation available, even mediocre hotels charge exorbitant fares which are sometimes equal to 5-star hotel fares in a metropolitan city. However, the ‘home tourism' trend has picked up in recent past, several youngsters are now aiming to make fortune out of this hitherto unexplored avenue.

On infrastructure front, new airports are coming up at Pakyong in Sikkim, Itanagar in Arunachal Pradesh and Shillong in Meghalaya, which along with a time-bound plan to lay broad-gauge rail track, would bring in further ease of business and offer tremendous opportunity for the states.

Another sector of entrepreneurship which is fast emerging in Northeast is hospitals. There has been a trend for patients to shift outside the region, mostly to Kolkata or Vellore, which is by in large case most of the tier III cities, but the encouragement given to the private corporate sector has now resulted in the opening of new hospitals within the region itself and young entrepreneurs are taking the lead. Startups can bring innovative services on top of it.

While the women in northeast are already empowered and professionally more active as part of their tradition, but Self Help Groups are promoting household entrepreneurships, in which young Startups have also come forward and opted to work in the sector of handloom and textile. The Union Textile Ministry has also initiated some schemes and initiatives for North Eastern state which startups can explore for support.

Get the day's headlines from Tech Observer straight in your inbox

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
M Kalam
M Kalam
M Kalam covers technology and e-goverance for TechObserver.in.
- Advertisement -
Reimagining Public Sector Analytics
Reimagining Public Sector Analytics
- Advertisement -Veeam
- Advertisement -Reimagining Public Sector Analytics
- Advertisement -ESDS SAP Hana

Subscribe to our Newsletter

83000+ Industry Leaders read it everyday

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
- Advertisement -

Nutanix ropes in iValue Group as national distributor for Indian market

Hyper-converged infra company Nutanix has appointed iValue Infosolutions as an official value-added distributor for the Indian market.

RELATED ARTICLES