In which field/industry would the next boom happen ?

GSMINC · 5th March 2010, 20:29

dear bhpians, we have seen many booms in the past decade, like IT boom, Real estate boom, BPO/Call centre boom etc.
many among us have benefitted from it or lost mnoey in it or even missed out on it.
I would like you guys to point out in which field/industry will the next boom happen & when ?

nitinbose · 5th March 2010, 20:39

The next boom would be on virtualization. The current trend is to reduce travel while consolidating their distributed workforce. This means people would able to communicate with each other (both officially and socially) irrespective of their location, medium or device! A Global Village!

vkochar · 5th March 2010, 20:44

Here are a few industries I feel which are going to be really big in the coming few months / years - specially the next 2-3 years. If one invests or has something to do with these then I feel they are in for a nice time

In no order of importance -

1. The Guest House / Bed & Breakfast Industry - here expensive options are a plenty BUT with Incredible India opening up to the world there are an estimated 3 million rooms shortage by 2015 ( Statistics that the hotel industry talks about ). Even the coming up CWG 2010 has a serious room shortage.

2. The Health Food Industry - These sectors are untapped in the Indian market where health is the most neglected fact. Be it subway or be it food supplements or body enhancing supplements. This field is underestimated. People are just waking up to how to keep their bodies the way it's meant to be.

3. Go Green Lifestyle Options - now this one I feel is still untapped all over the world. Be it electric cars, solar heaters, solar geysers, hybrid technology, Battery cars, planting more trees etc. The way this field is going to see a boom this decade will be mind blowing. It will be like all of a sudden people will start going Nature Friendly. Global Warming is just a ig picture of the overall world problem. There are countless other places where a lot of things need to be implemented. I feel this industry has the most potential / can earn you big profits with a lot of benefits.

4. The Wine & Canned Food Industry - Here is another one I feel India is yet to see its full potential and it remains untapped by at least 95 %. A long way to go I feel.

mjothi · 5th March 2010, 20:51

In my opinion, its Insurance sector. Especially health related insurances. It going to be like US, where you cannot step into the hospital without insurance. The way the hospital and treatment costs are going up, denotes only this.

Anyway, personally, I want the next boom to be in agriculture. Its long time due.

aaggoswami · 5th March 2010, 22:52

The real boom will be in energy sector. Private players like torrent, Reliance and Adani will expand.

IT boom will almost never come, as the field is no longer as good as it was.

Gurpartap Singh · 6th March 2010, 00:21

Sewage Recycling anyone?

sbraj · 6th March 2010, 00:40

ePublishing/eBooks/eReaders? Potential is yet to be tapped in India.

Of course, the handheld device race would keep continuing for some time I guess.

recshenoy · 6th March 2010, 00:50

may be alternate source sector? some thing like solar lighting / Bio fuel?

I see lot of interest among people in buying solar lighting systems due to irregular power supply! But prices are high for solar cells! so if these become affordable, there is a big market fro same!

Who don't want a free power on a hot sunny day to run FAN/AC etc! Only the high investment is stopping people!

One of my uncles says this,

Quote:

What ever happens, the Hotel and Bars will always have business.
Because people want to eat to live.

Also when people are happy, they want to celebrate so they go to bar. They are sad, again they go to bar

jaspal singh · 6th March 2010, 08:43

The potential of pharma industry is ye to be tapped.
Alernative energy/ G

jaspal singh · 6th March 2010, 08:52

1 Pharma industry
2 Alternate Energy
3 legal processes outsourcing
4 nanotechnology
5 Mobile Gaming
6 Space tourism! (maybe after 10-15 years)

Surprise · 6th March 2010, 09:17

1. Agriculture (another green revolution required)
2. Medical
3. Alternative energy

MuraliR · 6th March 2010, 10:32

Power Sector
Organic Farming
Health & Pharma
Food (including Ready to Eat)

Wolfheart · 6th March 2010, 12:31

the next boom:

ALTERNATIVE ENERGY FOR SURE!!!

amohit · 6th March 2010, 12:52

My bet is on on mobile gaming and applications.

Regards,

sabsubs · 6th March 2010, 12:59

Quote:

Originally Posted by amohit

My bet is on on mobile gaming and applications.

Regards,

Is this not part of software?

5th March 2010, 20:29	#1
GSMINC BHPian Join Date: Sep 2007 Location: Bangalore Posts: 394 Thanked: 196 Times	In which field/industry would the next boom happen ? dear bhpians, we have seen many booms in the past decade, like IT boom, Real estate boom, BPO/Call centre boom etc. many among us have benefitted from it or lost mnoey in it or even missed out on it. I would like you guys to point out in which field/industry will the next boom happen & when ?
	() Thanks

5th March 2010, 20:39	#2
nitinbose Senior - BHPian Join Date: Feb 2010 Location: Goa Posts: 1,011 Thanked: 718 Times	The next boom would be on virtualization. The current trend is to reduce travel while consolidating their distributed workforce. This means people would able to communicate with each other (both officially and socially) irrespective of their location, medium or device! A Global Village!
	() Thanks

5th March 2010, 20:44	#3
vkochar Senior - BHPian Join Date: Aug 2006 Location: Delhi / Agra / London Posts: 2,146 Thanked: 819 Times View My Garage	Here are a few industries I feel which are going to be really big in the coming few months / years - specially the next 2-3 years. If one invests or has something to do with these then I feel they are in for a nice time In no order of importance - 1. The Guest House / Bed & Breakfast Industry - here expensive options are a plenty BUT with Incredible India opening up to the world there are an estimated 3 million rooms shortage by 2015 ( Statistics that the hotel industry talks about ). Even the coming up CWG 2010 has a serious room shortage. 2. The Health Food Industry - These sectors are untapped in the Indian market where health is the most neglected fact. Be it subway or be it food supplements or body enhancing supplements. This field is underestimated. People are just waking up to how to keep their bodies the way it's meant to be. 3. Go Green Lifestyle Options - now this one I feel is still untapped all over the world. Be it electric cars, solar heaters, solar geysers, hybrid technology, Battery cars, planting more trees etc. The way this field is going to see a boom this decade will be mind blowing. It will be like all of a sudden people will start going Nature Friendly. Global Warming is just a ig picture of the overall world problem. There are countless other places where a lot of things need to be implemented. I feel this industry has the most potential / can earn you big profits with a lot of benefits. 4. The Wine & Canned Food Industry - Here is another one I feel India is yet to see its full potential and it remains untapped by at least 95 %. A long way to go I feel. Last edited by vkochar : 5th March 2010 at 20:46.
	() Thanks

5th March 2010, 20:51	#4
mjothi Senior - BHPian Join Date: Dec 2007 Location: Bangalore Posts: 3,287 Thanked: 231 Times View My Garage	In my opinion, its Insurance sector. Especially health related insurances. It going to be like US, where you cannot step into the hospital without insurance. The way the hospital and treatment costs are going up, denotes only this. Anyway, personally, I want the next boom to be in agriculture. Its long time due.
	() Thanks

5th March 2010, 22:52	#5
aaggoswami Senior - BHPian Join Date: May 2007 Location: Vadodara Posts: 4,982 Thanked: 2,931 Times	The real boom will be in energy sector. Private players like torrent, Reliance and Adani will expand. IT boom will almost never come, as the field is no longer as good as it was.
	() Thanks

6th March 2010, 00:21	#6
Gurpartap Singh BHPian Join Date: Jan 2008 Location: Chandigarh — PB Posts: 209 Thanked: 4 Times	Sewage Recycling anyone?
	() Thanks

6th March 2010, 00:40	#7
sbraj Senior - BHPian Join Date: Mar 2008 Location: B L R / T V M Posts: 1,071 Thanked: 9 Times	ePublishing/eBooks/eReaders? Potential is yet to be tapped in India. Of course, the handheld device race would keep continuing for some time I guess.
	() Thanks

6th March 2010, 08:43	#9
jaspal singh BHPian Join Date: Jul 2008 Location: N Delhi Posts: 93 Thanked: 86 Times View My Garage	The potential of pharma industry is ye to be tapped. Alernative energy/ G
	() Thanks

6th March 2010, 08:52	#10
jaspal singh BHPian Join Date: Jul 2008 Location: N Delhi Posts: 93 Thanked: 86 Times View My Garage	1 Pharma industry 2 Alternate Energy 3 legal processes outsourcing 4 nanotechnology 5 Mobile Gaming 6 Space tourism! (maybe after 10-15 years)
	() Thanks

6th March 2010, 09:17	#11
Surprise Senior - BHPian Join Date: Feb 2005 Location: Chennai Posts: 2,523 Thanked: 454 Times	1. Agriculture (another green revolution required) 2. Medical 3. Alternative energy
	() Thanks

6th March 2010, 10:32	#12
MuraliR BHPian Join Date: Aug 2008 Location: Bangalore Posts: 361 Thanked: 35 Times	Power Sector Organic Farming Health & Pharma Food (including Ready to Eat)
	() Thanks

6th March 2010, 12:31	#13
Wolfheart BHPian Join Date: Jun 2009 Location: Bombay Posts: 160 Thanked: 28 Times	the next boom: ALTERNATIVE ENERGY FOR SURE!!!
	() Thanks

6th March 2010, 12:52	#14
amohit BHPian Join Date: Jul 2007 Location: Bangalore Posts: 451 Thanked: 52 Times	My bet is on on mobile gaming and applications. Regards,
	() Thanks