India has always been a place of interest for foreign investors. Particularly, the NRIs i.e. non-resident Indians tend to take a special interest in the Indian market. Whether it’s investing in flats for sale in thane west or the Indian stock exchange, you will find them investing everywhere.
One of the major reasons why investors prefer India for investment purposes is that there are different sectors that have the potential to produce profitable results. In this post, we are going to highlight some profitable sectors in India where you can safely invest for good returns.
The IT industry of India is undoubtedly the fastest growing industry in the service sector. Currently, it offers a major chunk of national exports.
Undoubtedly, the 20th century is the era of science and technology and India has fully utilized this internet boom and emerged as a big name in the global IT industry. The IT sector has always been a rising industry in terms of investment that is bound to give you profitable returns. Even the BSE index for IT has tripled over the past decade. Therefore, if you are looking for a sector where your capital will remain safe, consider investing in the IT sector of India. Having said that, before making any investment, it’s always a wise choice to study the market trend of that sector for some time so you can get a better idea of what you’re getting into.
Another good place where you can invest in India is the Indian Stock Market. However, for doing so, you must have a good insight and thorough understanding of the working of stocks and shares. Before making any investment, keenly observe the trend of stocks in the market over the past months and then choose a sector to buy shares from. Some safe sectors in which you can invest in the long-term are the pharmaceutical ones, automobiles and consumer goods.
FMCGs (Fast-Moving Consumer Goods)
The consumer good sector is forever growing and no matter how many companies are there, it still has room for more. Because no matter what happens, people will always be using soaps, shampoos, surfs, oils and other such items.
So, if you’re looking for a sector in which you just invest and reap benefits forever, FMCGs is for you. The majority of companies in this industry have been in the market for 100 years. Big names like HUL, Dabur, Emami, Nestle, ITC etc, have been in the market since the start and still, their impact is growing.
Unlike other sectors that have seen contraction and reduction in demand over the years, FMCG is one of those few that has always been in demand. Even during a recession or economic crisis, such sectors don’t see a decline in demand. Because when in crisis people may stop buying cars but no one will stop buying toiletries and kitchen goods.
Real Estate Sector
The real-estate or property sector is one of the safest sectors from an investment point of view across the globe. Especially in developing countries like India, investing in the property sector is bound to give you handsome returns. As developing countries invest most in their infrastructure, therefore, if you invest in real estate you will get fast profits. Moreover, the infrastructure developing companies such as L&T, GVK, Adani, Tata & Godrej are the key players in India. So, buying their properties is always a good idea.
All in all, if you are thinking about investing in the Indian real estate then choose a market that has the potential. Cities such as Mumbai, Delhi, and Bangalore have high potential and bright futures in the real-estate sector, so invest in them. Similarly, try to buy properties in the newly developing areas of MMR and NCR that hold huge potential for handsome profits. Consider purchasing properties in the newly developing areas of Mumbai such as Muland, Virar, Mira Road or you can even buy flat in thane.
To sum it up, no matter which sector or industry you have selected, do not rush into things. While there are lucrative opportunities in India in terms of investments, you can also find scammers scheming to rip you off your money. So, it’s better to be careful, observant, and extremely cautious when making an investment.