Indian economy has one of the highest growth rates in the world with GDP of 7.3% in 2015 which is expected to go up to 7.9% in 2016-17. Various reforms in Real estate, textile, electricity discoms and GST are going to be the driving forces behind economic growth in this financial year. Such positive outlook is also bringing more opportunities for Investment in India. Here we will discuss the top 5 sectors that are expected to grow and provide great investment opportunities in the coming years.

Real Estate

For past couple of years there has been a lot of discussion on how Real estate is riding extra ordinary price bubble which would burst and bring down the entire sector. Years on, Real estate is still a hot investment. In fact the slight slowdown that it showed in 2015 has been eliminated, thanks to amendments in Real Estate bill that have regularised the sector to a large extent making it more secure for buyers. The result of this bill can be seen as the sector has again picked up. Other reforms that include easing out the FDI rules will also impact the Real estate positively.

So, if you are someone who dreams to own a home or simply a house that can rented out for additional income then visit www.letzbank.com and avail a home loan today. For resident Indian tax payers, home loan is also a great way of saving taxes on Interest and principal repayment.

Defence Sector

Defence sector is on the top of government’s list of priorities. With various projects underway and emphasis on Make in India, this sector is set to register a phenomenal growth in the coming years. According to Trade Academy Ashok Leyland, Bharat Electronics, L&T, Bharat Forge and Mahindra & Mahindra are the companies whose stocks would take a leap owing to defence contracts secured by them.

Automobile

Every year more and more global automobile giants are entering Indian markets and every month numerous passenger and commercial vehicles are being launched. This industry is already one of the largest in world and accounts for 7.1% to our nation’s GDP. Exports are also very high in automobile sector and with GST reforms on the anvil, entire automobile industry is set to get a big boost in its growth. Investing in businesses that are ancillary to automobile sector is a great business opportunity. Entrepreneurs can invest in new ventures or expand existing once to include support services that are directly related to automobile sector.

If you are interested in investing in this sector but fund shortage is stopping you then visit letzbank today. Our vast arrays of business loans are available at competitive rates and you can evaluate terms and conditions that are being offered by numerous reputed players at one go. We bring the ease of availing loan to you at the comfort of your home with ZERO service fees!

Fast Moving Consumer Goods (FMCG)

With a population of over 1.2 Billion, it is all but natural that FMCG is the fourth largest sector in India. Even if FMCG does not show steep rise, it is a stock where one can invest keeping long term in mind due to its stability. There are obviously two ways on investing in this sector just like other sectors- buying shares in secondary market or starting your own FMCG business. It is notable that the big FMCG brands in India off-load or transfer their manufacturing to many small units that meet their standards of production. This leaves ample opportunities for entrepreneurs to foray into consumer goods manufacturing.

If your dream is to have your own start–up in this sector then funding is something you need to plan beforehand. Letzbank has a line up of most reputed names in lending industry who can help you fulfil your dream of making it big in one of fastest growing and biggest sector of the Indian economy!

Logistics

GST reforms would dissolve the state- boundaries and make India one unified market. This is expected to propel growth in logistics and transportation sector. Lost days and hassles while crossing from one state to another have led to losses to the tune of hundreds of Crores in the past. With these losses eliminated and more efficient use of transport vehicles and jump in cross border trade, logistics is the sector to aim for.

If it is a warehouse you want to set up then Letzbank’s Business loans can help you. But if it is a fleet of lorries you have an eye on then head to our commercial vehicle loan section! Our vehicle loans cover new and used vehicles, refinancing arrangements and three-wheelers.

So these were the top sectors in India that are performing well and are expected to do so. With various investment opportunities opening up, this is the best time to avail loans from Letzbank and go on investment spree!

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