With an economy of approximately $150 billion, Kolkata is the third most productive metropolitan area in India, and is surely a good place to invest your money for business purpose.
Investing in a business is itself a dicey business. After all, handing down your hard earned money to someone who could either multiply or sink it is like risking your entire capital right away. Therefore, investing requires a lot of thinking and rethinking.
While starting off with a wellness business, the risks are there but it is lower as the sector is quite lucrative at this point and time. And, when the location of your business is in one of the four metropolitan cities of India, i.e., Kolkata, it is definitely going to breakeven quite early.
With an economy of approximately $150 billion, Kolkata is the third most productive metropolitan area in India, and is surely a good place to invest your money for business purpose. Here are a few points as to why investors should invest their money in wellness sector in Kolkata.
Economy of Kolkata
Apart from being the second largest city and one of the four metropolitan cities of India, Kolkata has so many other gems in her kitty as well. Kolkata is the prime business, commercial and financial hub of eastern India and the main port of communication for the North-East Indian states.
Kolkata is also home to many industrial units operated by large public and private sector such as pharmaceuticals, FMCG, minerals etc. Thus, Kolkata serves as one of the best locations to set up a wellness business and invest money.
Healthcare has adapted so many new technologies that has made the sector grow at an exceptional pace. Since various new technologies like artificial intelligence, minimally-invasive surgeries, robotic surgeries and many more have come into the picture, hospitals and medical centershave seen an outburst of growth in their revenue. This has made the sector a flourishing opportunity for entrepreneurs as well as for investors.
Kolkata has constantly been evolving in terms of technology and is gradually turning out to be a hub for technology in the next few years. This makes it a promising area to invest when it comes to the wellness industry.
New Scenario of Healthcare in West Bengal
Infrastructure plays a very big role in the growth of a healthcare and wellness business. The area where the healthcare business has to be set up requires a supportive infrastructure.
In case of Kolkata, a new trend has been established in West Bengal that has completely changed healthcare scenario of Kolkata. And the trend is ‘Emergence of Startups’. The startup culture has fueled the healthcare industry of Kolkata, which gives another reason to investors and entrepreneurs to invest their money in Kolkata.
Aging as a trend
We all are getting older every year. This is one of the reasons that have given healthcare sector a gradual and firm growth. Aging is like an unwanted trend; it never stops. And with aging comes various diseases, and hence, aging is an undeniable trend that would help in the growth of healthcare sector anyhow.
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