Kanpur also was known as the Manchester of the East is famous for the leather industry since ages. Millions of workers have got employment due to the leather industry, and there are more than 400 leather tanning units located over here. Apart from the leather industry, Kanpur is home to industries having a worth of around Rs 100 crore. It is a city which is a flag bearer of entrepreneurship and innovation. Superheaded by the entrepreneurs, investors and ecosystem enablers, you will find ample choices to bolster your startup over here.
Industrial value
Kanpur is the major industrial belt of India with textile, leather, fertilizers and two-wheelers industry located over here. The leather industry over here contributes to more than 6000 crores foreign exchange for India. Big leather manufacturing units like Mirza Tanners, Superhero Group, Zamzan Tanners and Rahman Exports have their factories in Kanpur. It has ten clusters of industrial centers spread throughout the city. Several new industries of jewelry, automotive and fertilizers are also moving to this city because of the immense growth prospect that this city holds.
With diverse educational institutions like IIT Kanpur, IIM and Bhabha Institute of Technology located over here any industry or startup which flourishes over here is guaranteed to get the best minds. Recently a budget of 10 billion has been allocated by the government for the growth of the startup ecosystem, and India’s largest startup incubator will be set up in Lucknow. The reputed institutes of UP including BHU and IIT Kanpur will be the knowledge partner for this project that will attract the entrepreneurs and startup ventures. This city also has some of the best b2b travel portals to ease out your trip across the world.
Startup opportunities
If you have an innovative business idea, you can get the best mentoring and marketing support options in Kanpur. The city is embracing the startup culture with operating cost and management operations much cheaper than other cities. It has good connectivity, major e-commerce carriers, and the best mentorship support. You can expand over here with minimal capital and constrained resources. Recently IIT Kanpur has done funding of across 50 lakh for a startup named Decentrick Technologies. If you have a great business idea, you can find many investors over here looking up to turn your idea into a business model. It’s the best place to undergo a litmus test for your startup before you plan and launch it with complete improvisation.
Many successful startups are already racing towards progress over here such as HealthTokri, NotNul, TexhEagle Innovation, Onlinekaka and many more. The hi-tech hub Lucknow is a startup-friendly city with a young demographic population focused on bringing global experience back home.
An IT City has also been proposed to be built in Lucknow over 100 acres of land which will further attract the business ventures to shift their business over here. Lucknow is also getting a leg up from the private sector as well as the government, and a corpus of 1000 crore has been invested in promoting the entrepreneurship ventures over here. With the up rise of the metro, this city will become a hub for startups.
Lucknow gives the safest and the most favorable environment for the growth of any startup. If you too are planning to start a startup over here, then you can avail the budget-friendly business travel management from RoomXpert.com – your trusted travel management company for corporate hotel bookings.
Source: https://www.prlog.org/12752415-manchester-of-asia-kanpur-city.html