Name: 

Question:

Answer:

Examples:

Name: 

Question:

Answer:

Examples:

Name: 

Question:

Answer:

Examples:

Name: M. Syamala 

Question: What would be the best sector to start an entrepreneurship or a start up?

Answer: It is Interesting Question. Here There are Two Aspects: 

1. If we Look at Individual Level as a Potential Entrepreneur, a beginner to Startups, It is best Practice to Choose an Industry in Which we have Work Experience, or Educational Degree.

2. Otherwise, we are an experienced Entrepreneur or a Management Graduate having Broad Knowledge about Multiple Industries, then we Should Choose an Industry Which has Maximum Market Size, and Maximum Annual Growth Rate, both domestically and globally. 

3. Otherwise, We have family Enterprise, from Childhood we were educated towards that business, then it is best practice to Choose Family Business and Then Not to Stop Just there; Make some innovation and enter/expand into new areas/new markets/new products.

Examples: As on 2025, In India, 

i) Maximum Size Industries: Retail ($900 billion), Textile, Healthcare ($500 billion), IT Industry ($250 billion); 

ii) High Growth Industries: Artificial Intelligence (AI), Data Analytics, Drones, Robotics, Electrical Vehicles, Medical Devices, Bio-Technology: Experiencing More than 12% Growth Rate as on 2025 in India; also have Global Market.

Thus we need to choose Industry based on Our Personal Factors and the Market/Economic Conditions.

All the Best.

Dr.GPS