Business Avenues for a Conglomerate Company in India

Survival has become tough in recent times. One can see companies in telecom, aviation and finance getting low returns. Given the tough competition and large number of players, a company has to offer value-added services to earn profits. Value-addition is possible in a few sectors like hospitality, food and beverages, retail and agri-business. For a conglomerate company operating in India, these businesses are bound to give high returns.

According to the trends for 2022, the sectors that promote well-being will get better returns. These include beauty products and pharmaceuticals. Products of several conglomerates including Piramal Group has been manufacturing beauty care products for a long time now. Patanjali Group has also ventured into making beauty care products.

However, hospitality including hotel industry has also been a chosen area where conglomerates are investing enthusiastically. Because of the high demand among people for budget hotels, this is a green pasture. Tata group was a pioneer to enter the hospitality sector. ITC Group was the second conglomerate to enter into the hotel business and opened a chain of hotels.

Retail sector suffered a setback due to the pandemic with most of the transactions being done online. However, buying from brick-and-mortar stores is slowly picking up. Many conglomerates have explored the retail sector with the demand of quality grocery products growing in India. Godrej, Tata Group and Reliance are some of the big names which have entered into the retail business. By providing a classy shopping experience, these groups are adding value to their retail chains.  

Business opportunities are also growing in agricultural related products. Conglomerates like Godrej and Tata Group have invested in the providing crop care solutions for farmers that can increase the productivity.

In the FMCG sector, profit margins in the beverages segment is one of the highest. Due to the high volume of sales in the beverages sector, a conglomerate company operating in India can get high returns. There seems to be a lot of scope for the companies in the hospitality sector as the tourism industry is expected to rebound after facing a hit due to Covid. An Indian conglomerate interested in earning profits can venture in the hospitality sector.

DS Group is conglomerate company thriving in India because it has added value to its products. It has carved a niche for itself in several sector including the sectors of hospitality, FMCG and agribusiness. All its FMCG brands like Catch masalas, Catch beverages and Rajnigandha are receiving all-round praise for its superior quality and fine ingredients. In the hospitality sector, one cannot ignore the hotels of DS Group, that are catering for the tourists. Likewise, in the retail sector, it has set up luxury retains store like Le Marche and L’Opera. One can shop at Le Marche for gourmet food and quality grocery products. Agribusiness is slowly becoming a forte for DS Group as its ventures like hydroponic farming and Birthright are in sync with the times.

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Created on Jan 12th 2022 01:39. Viewed 285 times.

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