Retail activity is the lifeblood of an economy. It is one of the most crucial engines for organic business growth. And organic business growth is something Bhopal has been experiencing for years. It is an energetic city. It is growing fast. It is regenerating. It is on the fast track. All of which is helping the cause of small business and entrepreneurship in the city.
When it comes to small business and entrepreneurship, there is an interesting and rich mix of activity that you will find in this, one of the most important cities (if not the most important) in Madhya Pradesh. From restaurants to travel services to medical facilities to retail establishments, many facets of retail growth are present in every part of Bhopal.
The major small and medium industries in the old city of Bhopal are electrical goods, medicinal, cotton, chemicals and jewellery. Other industries include cotton and flour milling, cloth weaving and painting, as well as making matches, sealing wax, handicrafts, and sporting equipment. And the new city has many elements of the new economy in the form of emerging companies, retail, services, and non-manufacturing entities.
A retail establishment is a fertile ground for entrepreneurship and small business growth. Bhopal is well-served in this segment. You can see this in the way some of the main retail outlets in trade categories like optical stores, mobile retail shops, real estate agents, fashion outlets, sports goods retailers, and others are experiencing steady and continuous growth.
Retail Outlets In Bhopal
What follows is a non-exhaustive list of retail businesses that are driving entrepreneurship in Bhopal. These are:
- Classic Mobile in Berla Gaon., Lalghati,
- Mahabali Traders in Shop No 27, Shahid Bhagat Singh Market, Govindpura,
- M.A.M Mart in Shop Number 66A, A sector Hazrat Nizamuddin Colony, Indrapuri,
- My Best Price in Shop D 2, Somesh Home Main Gate, Kundan Nagar, Awadhpuri,
- Guru Kripa Kirana and General Stores in J97/A, Shanshagarden Bhopal,
- Jain Super Bazaar in 58, Regiment Road, Shahajanabad, and
- Mobile Paradise in Shop No.-12, Hanuman, New Market.
If you’re looking to get into the retail segment, there is conclusive evidence to prove that Bhopal has much to offer by way of a fertile market and a culture that encourages entrepreneurship and small business activity.
If you own a retail outlet in Bhopal and wish to expand your business, apply here for a business loan!