Startup in Madurai | Disruptive startup in Madurai

 

IT or non-IT? which heavily disrupts Madurai soil?

Disruption brings out the new market from the existing one by renovating the process, service, products or business model based on the anticipated future. The literal meaning of ‘Disruption’ states as the disturbance or problem interrupted by an event, process.

But disruption in business is a positive sign as it emphasizes development and growth. With the inception of the digital age, disruption comes in full swing with the advancement of technology and changing consumer demands. One such startup disruption is Netflix. It has changed the way we watch movies, series and still disrupting the entertainment industry.

India becoming the ground for startup innovations, we see a lot of disruptive startups emerging in all landscapes. With these growth drivers making potential progress, we envision disruptive startups in Madurai for the next generation.

The next-gen of innovators are looking for the right mentorship and advisory to begin their adventurous entrepreneurial journey. The right consulting can do the needful. So, what kind of startup can thrive in the Madurai market?

Not an IT market

Starting a business can be hard and starting a business that goes against the conventional norms to disrupt the entire market can be even harder. Madurai market is full of young disruptors longing to create a revolution in the market. For those young preneurs, Madurai is a landscape with a wide array of opportunities but not in IT. The heritage-rich place has opportunities and possible growth potential in non-IT industries. With the traditional marketplace, Madurai has seen massive upgrowth with innovative startups. As per the analytics, Madurai tops at non-IT sectors like e-tail, fintech, edtech, hospitality, banking, manufacturing and entertainment. Innovation and disruption in these sectors will be a smooth slide for Madurai entrepreneurs. The consumer here is more oriented to FMCG and perishable products than software.

Non-IT startups will felicitate

If you are planning to launch a startup in Madurai, then, of course, you have all the welcoming factors. Choosing the right vertical is what matters for Madurai. The geographical factor, consumer psychology, resource availability and multicultural lifestyle and growing influx of highly creative and educated individuals will have a greater impact on non-IT based startups. Startup in Madurai will be a dynamic ecosystem. Though it is the preferred destination for IT companies like HCL, Honeywell and MNCs, non-IT sectors gain more momentum than these IT does. Madurai has the best combination of professionals and talent base for business to flourish.

The special economic zone is one of the prime reasons for people wanting to start a business in Madurai. The cultural capital has a moderate infrastructure facility with incubators and accelerators involved in development projects around the city. The tech-employed non-IT sector will have a telescopic future in Madurai and decisively increase job opportunities for non-IT grads. New professions will thrive with prospective pay. Innovation in non-IT will change the market route from conventional to innovative startup hub in Madurai. 

 

Location: India

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