Report Summary Detailed PEST Analysis, Key Industries Analysed with Investment Opportunities in a Boon to Self Reliant India
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Agra is the city of the inimitable Taj Mahal, one of the seven wonders of the World. The city of Agra is a major tourist destination in India and has a legacy of rich art & cultural heritage. Tourism is the major contributor to the economy of the city along with small-scale industries and agro-based establishments. As a result of growth and expansion, this city is engaging more in developing existing infrastructure and since tourism is the major grosser, its evolving growth prospects offer viable investment opportunities. Apart from tourism, the city boasts developed manufacturing clusters for leather goods, handicrafts, brassware, garment & apparel, and automobile industry, encompassing approximately 7200 small scale industries. Further, the city’s untapped real estate market is witnessing a boom with 40-45% growth over the last five years, making it a safe investment sector.
The state government’s effort to attract foreign investments, post-COVID 19, and Germany Based footwear brand Von Wellx shifting its manufacturing base to Agra from China, places Agra as the front runner to be a ‘Next - Best' City for Global Industrial Re-shoring in India.
Major Industries Include – Agro Based, Ready Made Garments, Leather Based, Engineering Based, Wood & Wooden Based, IT, Glass, Hospitality, Automobile, Tourism, Technology, Construction & Real Estate
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