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The Five Characteristics of Successful Innovators

There is not much agreement about what makes an idea innovative, and what makes an innovative idea valuable. For example, discussions on whether the internet is a better invention than the wheel are more likely to reveal personal preferences than logical argumentation. Likewise, experts disagree on the type and level of innovation that is most beneficial for organizations. Somestudiessuggest that radical innovation (which does sound sexy) confers sustainable competitive advantages, butothersshow that “mild” innovation – think iPhone 5 rather than the original iPhone – is generally more effective, not least because it reduces market uncertainty. There is also inconclusive evidence on whether we should pay attention to consumers’ views, with somestudiesshowing that a customer focus is detrimental for innovation because it equates to playing catch-up, butothersarguing for it. Even Henry Ford’s famous quote on the subject – “if I had asked people what they wanted, they would have said fast…

State wise Industry Opportunities

State wise Industry Opportunities
Based on the various factors that affect the location of an industry, the opportunities for setting up business varies in different States. As all States vary in resource endowments, availability of raw materials, labour supply, climatic conditions, etc., each of the States attracts a different set of industries. Hence, the industrial opportunities in different States are summarised as follows :-

Andaman and NicobarJharkhandPuducherry
Andhara PradeshJammu and KashmirPunjab
Arunachal PradeshKeralaRajasthan
AssamKarnatakaSikkim
BiharMadhya PrasdeshTamil Nadu
ChhattisgarhMaharashtraTripura
DelhiManipurUttar Pradesh
GoaMeghalayaUttarakhand
GujaratMizoramWest Bengal
HaryanaNagaland
Himachal PradeshOdisha
For more details visit our Section on 'Investment Opportunities and Incentives'

ANDAMAN AND NICOBAR ISLANDS
Thrust Areas
  • I.T.
  • Handicrafts
  • High value added Agro Products
  • Fisheries
  • Coir
  • Hydro Carbon Energy
  • Shipping Sectors including Transshipment ports
  • Service Industry
  • Marine Products
  • Agro based industry
  • Timber
  • Forestry
ANDHRA PRADESH
Thrust Areas
  • Biotechnology
    • Therapeutics
    • Diagnostics
    • Industrial Biotechnology
    • Inputs to the industry (hardware suppliers - Instrumentation and Chemicals)
    • Agricultural Biotechnology
  • Tourism
    • The convention and heritage tourism 
    • Sea and inland water cruise tourism 
    • Pilgrim Tourism 
    • Health tourism 
    • Buddhist circuit and Buddhist sites 
    • Science and technology tourism 
    • Beach tourism 
    • Eco tourism 
    • Leisure tourism 
    • Wild life tourism 
    • Adventure tourism 
    • Fairs and Festivals and 
    • Rural / Village tourism
  • Food & Agro based
    • Horticulture : Fruit & Vegetable processing, Fruit based beverages
    • Agriculture : Food Grain milling and Processing.
    • Animal Husbandry : Processing of poultry , eggs, meat , meat products.
    • Fisheries : Fish Processing.
    • Food Processing : Oilseed meals (edible), breakfast foods, biscuits, confectionery, including cocoa processing and chocolate, oil expelling and refining, malt extraction, protein isolates, high protein foods, weaning foods, extruded / other ready to eat food products.
  • Information Technology
    • Software Development
    • IT enabled services
  • Textiles and Leather
    • Apparel Export parks
    • Textile parks
  • Petroleum, Petro-chemicals. 
  • Chemicals & Fertilizers. 
  • Engineering & Automotives. 
  • Mineral based industries. 
  • Information Technology. 
  • 100% Export Oriented Units. 
  • Biotechnology. 
  • Renewable sources of Energy. 
  • Energy Saving Devices, Appliances, etc. 
  • Energy Efficient and Waste Reduction Technologies and Processes.
  • Pollution Control Equipment and Devices. 
  • Waste Utilisation and Recycling.
ARUNACHAL PRADESH
Thrust Areas
Art and Craft Industries
  • Weaving

    • Shawls
    • Jackets,
    • Bags
    • Scarves.
  • Cane and Bamboo work

    • Hats 
    • Baskets, cane vessels
    • Cane belts
    • Bamboo mugs and Carvings
    • Ornaments and Necklaces .
  • Wood Carving

    • Wooden cups, dishes, fruit bowls
    • Masks (For ceremonial dances and Pantomimes)
  • Ornaments
  • Paper Making
  • Blacksmithy
  • Ivory work
  • Carpentry
  • Horticulture

    • Tropical , sub tropical and temperate fruits
    • Spices
    • Aromatic and Medicinal plants
    • Mushrooms
  • Tourism

    • Cultural tourism
    • Adventure tourism
    • Historical tourism
    • Wildlife tourism
    • Nature based tourism and Eco-tourism.
  • Industries based on locally available raw materials.
  • Textiles (handlooms and power looms) and handicrafts.
  • Electronics and knowledge based industries.
  • Industries based on non- timber forest produce.
  • Infrastructure, such as power and communications. 
  • Tourism 
  • Medical services 
  • Educational services
ASSAM
Thrust Areas
  • Petroleum and natural gas based industries
  • Industries based on locally available minerals
  • Processing of plantation crops
  • Food processing industries
  • Agri-Horticulture products
  • Herbal products
  • Biotech products
  • Pharmaceuticals
  • Chemical and plastic based industries
  • Export oriented industries
  • Electronic and IT base industries including services sector
  • Textiles and sericulture
  • Engineering industries
  • Cane and bamboo based industries
  • Other handicrafts industry
IT Sector
  • Call centres
  • GIS services
  • Back- office processing
Tourism
  • Hotels and Resorts
  • River Cruises
  • Adventure Tourism
  • Pilgrim Tourism
  • Golf Tourism
Agro- Horti & Food Processing Sector
  • Export of fruits and vegetables
  • Spice & aromatic products based unit
  • Floriculture, medicinal and herbal plants
  • Agri export zones for orange, joha rice
Promotion Of Bamboo Industries
  • Bamboo boards, flooring, furniture
  • Bamboo corrugated sheets
  • Construction material
Bio Technology Sector
  • Bio- technology park
BIHAR
Thrust Areas
  • Agro based industries
    • Cattle feed
    • Jute, hemp, sisal and other fabrics 
    • Tea cultivation, processing and packaging
    • Paper
    • Floriculture
  • Industries based on medicinal and aromatic plants
  • Sericulture /Tasar
  • Chemical based industries
  • Power generating and allied industries
  • Electronic and computers and IT based industries
  • Industries based on non-conventional energy
  • Livestock based industries, such as dairy, poultry, piggery, equipment meat processing, etc.
  • Industries based on recycling of wastes, eco-friendly raw materials and processes.
  • Super specialty Health services
  • Telecommunications and related products
  • Food processing industry
  • Tissue culture products
  • Seeds and planting materials
  • Foods and Vegetable processing 
  • Bio-technological processes and products 
  • Post Harvest technologies
  • Tourism
  • Cold storage
  • Plastic and Plastic based industries
  • Pharmaceutical drugs based industries
  • Leather based Industries
  • Technical education
  • Ceramics
  • Sports Goods
  • Packaging
  • Metallurgical industries including power intensive units like induction furnaces, furnaces ferro alloys, oxygen plants, graphite and gas plants and calcium carbide plants.
  • Textile, hosiery, knitwear
  • Handicrafts
  • Natural Gas based industries
  • Housing fixtures and related industries
CHATTISGARH
Thrust Areas
  • Processing of medicinal, aromatic and dye plants 
  • Automobile, auto components, spares and cycle industries 
  • Manufacturing of plant, machinery & engineering spares
  • Downstream products based on aluminum
  • Mineral based industries
    • Cement
    • Prospecting/exploitation of tin ore
    • Corundum cutting and polishing
  • Food processing industries (industries approved for subsidy / assistance from Government of India)
  • Milk chilling plant and branded dairy products
  • Pharmaceutical industry
  • White goods and Electronic consumer products
  • Power generation from non-conventional source
  • Information technology, bio technology and advanced technology industry
  • Development of private sector industrial areas/ parks and other infrastructure
DELHI
Thrust Areas
  • Computer Software
  • IT Enabled services
  • Electronics and High Tech Industries
  • Small Scale Industry 
GOA
Thrust Areas
  • Pharmaceuticals, Drugs and Biotech Industries
  • Food processing and Agro based Industries
  • IT and IT-enabled services
  • Eco tourism/Heritage tourism/Adventure tourism/Event tourism/Medical
  • Tourism
  • Entertainment Industry
GUJARAT
Thrust Areas
  • Agro Based and Food Processing Industry
  • Chemical and Allied Industry
  • Information Technology
  • Mineral Based and Allied Industries
  • Plastic and Allied Industries
  • Port Related activities and infrastructure
  • Textile Industry
  • Other Sectors
HARYANA
Thrust Areas
  • Agro based and Food Processing Industry
  • Electronics and Information & Communication Technology
  • Automobiles & Automotive Components.
  • Handloom, Hosiery, Textile and Garments Manufacturing
  • Export- Oriented Units.
  • Footwear, leather garments and accessories
HIMACHAL PRADESH
Thrust Areas
  • Units based directly on Horticultural produce 
  • Mineral water bottling
  • Automobile manufacturing units 
  • Cold storage units/chain
  • Fruit/vegetable/herbs/honey/spices based wineries
  • Production of ciders/ale/liqueurs
  • Sericulture/ handloom/khadi industry related manufacturing industrial activities
  • Electronic units including computer software and information technology except assembling units where value addition is less than 15 percent
  • Floriculture
  • Medicinal herbs , aromatic herbs 
  • Horticulture, maize based industries, herbal based industries and agro based industries excluding those in the negative list
  • Sugar and its by-products
  • Silk and silk products
  • Wool and wool products
  • Woven fabrics
  • Sports goods and articles and equipment for general physical exercise and equipment for adventure sports/activities, tourism
  • Paper and paper products excluding those in negative list 
  • Pharma products
    information and communication technology industry, computer hardware, call centers, IT software and services
  • Eco-tourism hotels, resorts in locations other than those located in the municipal limits /NAC/ Nagar Panchayats/ special area development authority limits, as the case may be of Shimla, Dalhousie, Macleodganj and Manali.
  • Spa, entertainment/ amusement parks roadways,etc.
  • Industrial gases
  • Handicrafts
  • Non timber forest product based industries
  • Precision industries
JAMMU AND KASHMIR
Thrust Areas
  • Food Processing 
  • Agro based industries
  • Floriculture 
  • Information technology
  • Electronics and precision engineering 
  • Handloom and handicrafts
  • Sericulture and silk industry
  • Textiles and readymade garments
  • Live stock based industry
  • Leather and leather goods
  • Sports goods industry
  • Processing of gems and Precious Stones
  • Selective mining projects and mineral based industry
  • Green House (Ladakh)
JHARKHAND
Thrust Areas
  • Mining and Mineral Based Industries
  • Agro Based Industries
  • Industries based on medicinal and aromatic plants
  • Sericulture/ tassar
  • Forest based industry like shellac, bamboo, etc.
  • Engineering, auto components, iron and steel and steel based down stream industries
  • Chemical based industries
  • Power generating and allied industries
  • Electronic and It based industry
  • Industries based on non-conventional energy
  • Live stock based industry
  • Industries based on recycling of wastes, eco friendly raw materials, and processes
  • Super specialty health services
  • Telecommunications and related products
  • Food processing industry
  • Tourism
  • Cold storage
  • Plastic and plastic based industries
  • Pharmaceuticals and drugs based industry
  • Leather based industries
  • Technical education
  • Ceramics
  • Sports goods
  • Packaging
  • Metallurgical industries including power intensive units like induction furnaces, ferro alloys, oxygen plants, graphite and gas plants, and calcium carbide plants.
  • Textile, hosiery, knitwear
  • Handicrafts and handloom based industries
  • Housing fixtures and related industries
KARNATAKA
Thrust Areas
  • Informatics 
  • Computer Software 
  • Enabled Services 
  • Telecom 
  • Auto & Auto Comp 
  • Precision Engineering Machine Tools 
  • Mineral Based Industry 
  • Food Processing 
  • Floriculture
  • Bio Technology 
  • Textile
  • Tourism 
  • Road Infrastructure 
  • Minor Sea and Airport 
  • Water Supply Projects 
  • Industrial Parks 
  • Power Projects
  • Other Infrastructure Projects 
KERALA
Thrust Areas
Mineral and Clay based products 
  • Presence of substantial quantities of Silica, Quartz, China clay, Graphite, Granite
Agriculture and Horticulture Produce
  • Coconut
  • Rubber
  • Herbals
  • Black pepper
  • Cardamom
  • Cashew nut
Traditional Industries
  • Coir 
  • Cashew
  • Handicrafts
  • Tobacco
  • Spices and Spice extracts
  • products
Tourism
  • Ayurvedic Centres
  • Eco-tourism 
  • Adventure-tourism
  • Boat houses
  • Amusement and water parks
  • Handicrafts emporia
  • Health centre and Spas
  • Food courts and restaurants 
  • Motels
  • Beach resorts
Auto Components
  • Emergence of a number of auto giants such as Ford and Hyundai at Chennai
  • Good scope for the establishment of ancillary units.
Marine Products
  • Modern fishing harbour at Thengaithittu, Puducherry. and also at Karukalacheri, Karaikal in the pipeline.
  • Large untapped potential for processing units.
  • Good scope in shrimp culture and crab farming
Agro Processing
  • Sought after destination for Agro Food processing
  • Scope for floriculture ventures like cut flowers and for cultivating medicinal and aromatic plants. 
  • Good potential for Guava pulp and processing units. 
MADHYA PRADESH
Thrust Areas
  • Agriculture and Agro Processing
  • Cement :
  • Textiles and Apparels
  • Pharmaceuticals 
  • Chemicals 
  • Auto and Auto components 
  • Power
  • Minerals / Stone 
  • Tourism 
  • IT/IT related services 
  • Engineering and Electrical equipment
  • Roadways
MAHARASHTRA
Thrust Areas
  • Auto Industry
  • Biotechnology
  • Floriculture
  • Food Processing
  • Textiles
  • Leather
MANIPUR
Thrust Areas
  • Agro based industries 
  • Handicraft Industries
  • Sericulture
  • Tourism
  • Telecommunications
  • Petrochemicals
  • Pharmaceuticals
MEGHALAYA
Thrust Areas
  • Minerals based industries 
  • Horticulture and agro based industry
  • Power Generation
  • Export Promotion Industrial Park (EPIP)
  • EPIP is proposed to be set up at Byrnihat near Guwahati.
  • Tourism
  • Biotechnology- based units
  • Electronics and information technology
  • Tissue culture and orchid units
MIZORAM
Thrust Areas
  • Bamboo and timber based industries
  • Agro- horticulture sector
  • Food processing
  • Mines and Minerals sector
  • Handloom and handicrafts
  • Tourism sector
  • Information technology
  • Medicinal plants
  • Energy sector
NAGALAND
Thrust Areas
  • Food Processing Industry:
  • Tourism Industry
  • Agro Based Industry
  • Mineral based industry
  • Handloom and Handicrafts
  • Sericulture
  • Floriculture
  • Electronics and IT
  • Pharmaceuticals
  • Petrochemicals
  • Biotech Industries
  • Animal Husbandry and Meat Processing 
  • Sericulture 
  • Forest Produce 
  • Bamboo Industry 
  • Medicinal Plants 
  • Mineral Resources 
  • Tourism
ODISHA
  • Mineral and mineral based industries
  • Agro and food processing industries
  • Information Technology and IT Enabled services
  • Tourism
  • Biotech and Pharma
  • Handicrafts and handloom
  • Chemicals and fertilizers
  • Export oriented industries
PUDUCHERRY
Thrust Areas
  • Information Technology 
  • Textiles
  • Leather
  • Auto Components
  • Marine Products
  • Agro Processing
  • Information Technology and software Development
  • Electronics
  • Agro processing including marine products
  • Textiles including garments
  • Leather Products, Foot wears
  • Light Engineering including Auto Components
  • Tourism
    • Heritage and Star Hotels 
    • Food courts and restaurants 
    • Amusement parks
    • Arts & Crafts village 
    • Boutiques 
    • Eco-tourism 
    • Beach resorts 
    • Health centres and spas 
    • Convention centres 
    • Entertainment multiplex 
PUNJAB
Thrust Areas
  • Agriculture
    • Agro Processing ( Major and Minor crops)
    • Agro based industry ( based on agri waste / residues Eg : Paddy -Husk)
    • Processing of fruits and vegetables
    • Agri Business 
    • Farm Machinery 
  • Dairy and Poultry based units
  • Meat Processing
  • Leather Industry 
  • Sports goods
  • Textiles Hoisery and Wollens
  • Light Engineering goods
  • Biotechnology
  • Electronics and Telecommunications
  • Information Technology
  • Automobiles
  • Engineering industries relating to agriculture and food processing
  • Ancillary units
  • Chemical Industries (Including drugs and Pharmaceuticals)
  • Export Oriented Units 
RAJASTHAN
Thrust Areas
  • Information Technology and IT enabled services. 
  • Bio Technology (BT) 
  • Agro Based Industries
  • Power Sector
  • Education Institutes
  • Urban Infrastructure 
  • Tourism Sector 
  • Handicrafts 
  • Gems & Jewellery
  • Automobiles
  • Garments and Textiles
  • Road & Bridges
SIKKIM
Thrust Areas
  • Eco-tourism including hotels, resorts, spa, amusement parks and ropeways.
  • Handicrafts and handlooms.
  • Wool and silk reeling, weaving and processing, printing, etc.
  • Floriculture.
  • Precision engineering including watch making.
  • Electronics including computer hardware and software.
  • IT related industries.
  • Food processing including agro-based industries, processing, preservation and packaging of fruits and vegetables.
  • Medicinal and aromatic herbs- plantation and processing.
  • Raising and processing of plantation crops i.e. tea, oranges and cardamom.
  • Mineral based industry.
  • Honey
  • Biotechnology
TAMIL NADU
Thrust Areas
  • Engineering, Automobiles and Components
  • Software & ITES
  • Bio technology, Pharma and Herbal based products
  • Agro and Food Processing
  • Health care
  • Tourism related projects
  • Infrastructure
  • Chemicals and petro-chemicals
  • Textiles, garments and home furnishings
  • Leather products
TRIPURA
Thrust Areas
  • Natural Gas
  • Food Processing
  • Rubber
  • Tea
  • Handicraft 
  • Bamboo
  • Handloom
  • Tourism
  • Information Technology
  • Education
    Healthcare
UTTAR PRADESH
Thrust Areas
  • Power
  • Food processing
  • Agro Based industries
  • Animal Husbandry
  • Engineering
  • Horticulture
  • Petrochemicals
  • Sugar
  • Silk
UTTARAKHAND
Thrust Areas
  • Floriculture and Horticulture
  • Agro and Food Processing Industries
  • Information and Communication Technology
  • Hydro power
  • Forest Products- Herbs and Spices 
  • Tourism
  • Sugar and its by- products
  • Woven fabrics
  • Paper and paper products
  • Eco- tourism hotels, spa, resorts, amusement parks and ropeways
  • Industrial gases (based on atmospheric fraction)
  • Handicrafts
  • Non- Timber forest products based industries
  • Silk and silk products
  • Wool and wool products
WEST BENGAL
Thrust Areas
  • Agri - Business.
  • Dairy 
  • Information Technology and IT related services.
  • Tourism 
  • Telecommunications.
  • E-commerce
  • Tea
  • Health Care.
  • Biotechnology
  • Cement 
  • Fero Alloy sector
  • Metals
  • Petrochemicals
  • Leather
  • Food - Processing 
SOURCE:
Business.gov.in

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