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SHIV DIXIT
CHAIRMAN - BITE INDU... • 7m
Idea For You Implement Now — “ Electrical Equipments ” So guy's we all know Indian infrastructure is growing rapidly at 9% annually and the market size of electrical equipment in india is around 50 billion dollars and by 2030 it become 72 billion dollars Because growing at 8-10%CAGR also the consumer electronics market size in India is 80 billion dollars and by 2033 it becomes 150 billion dollars Because growing at 6.10% CAGR but the main problem is that we are importing 40-50% of electrical goods from China that is 15 billion dollars also these imports are increasing day by day because of significant growth in India infrastructure and households needs . Solution — In India lots of domestic , national and international electral equipments and local consumer electronics creators and producer available also according to reports India have millions of unemployed engineers also they all are earning very less because mostly middle class and infrastructure making companies taking Electrical Equipments from branded companies or china for getting affordable option also these domestic players are getting very less order because of low quality and less innovation in products even mostly startup and established electral brand's importing their mostly goods from China because of affordable option even government secretly importing high price electrical goods from China for fulfilling project at low cost but according to my analysis we still have option to beat china and other indian electrical companies so if we establish a huge research and development center with help of IIT and other fine tuned engineer's of india ,we can easily create a blueprint and formulation of every single electronic equipment at cheapest prices Also by integrating AI we can easily achieve low cost of production. After this we easily get great quality at affordable prices then we can easily beat China by producing all these things at large scale also we already have lot's of Advantages like cheap labour , low tax , no import duties and goverment grant's under make in India . For making it big we will establish franchise model for calculating all Over India instantly and create a gen z oriented brand for attracting Households needs then we will start fulfilling needs of infrastructure and Indian companies What's your thoughts and advices on this ?
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