Business Portal of India : Starting a Business : Making a Product Choice : Choosing a Product

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	Creating a Business Plan
	Making a Product Choice
	Setting up Infrastructure
	Naming and Registering a Business
	Choosing a form of Business Organisation
	Choosing the Location of the Industry
	Pricing your Product
	Regulatory Requirements
	Financing a start up Business
	Sourcing Process, Raw Materials, Machineries and Equipments
	Hiring Human Resource

Making a Product Choice:
Choosing a Product

Since making a choice of the right product is a difficult decision for an entrepreneur, there are many organizations and Institutes existing at both the Central and State level which can help him/her obtain an idea about the products and services that can be produced. List of some of the important organisations are :-

District Industry Centres

These were set up with a view to provide all sorts of assistance to the entrepreneurs under the single roof for the healthy growth of industry sector. These are set up by different States. Like :-

District Industries Centre, Puri

District Industries Centre, Muzaffarnagar

Technical Consultancy Organizations

All India Financial Institutions in collaboration with state level financial/development institutions and commercial banks established a network of Technical Consultancy Organisations (TCOs) to cater to the consultancy needs of the small and medium industries and new entrepreneurs. At present, there are 17 TCOs operating in various states.

Industrial & Technical Consultancy Organisation of Tamil Nadu Ltd. (ITCOT)

Haryana-Delhi Industrial Consultants Ltd. (HARDICON)

Andhra Pradesh Industrial and Technical Consultancy Organization Limited (APITCO)

List of Entrepreneurship Development Institutes
- Entrepreneurship Development Institute of India, Ahmedabad
  An acknowledged national resource institution, EDI is committed to entrepreneurship education, training and research. The institute strives to provide innovative training techniques, competent faculty support, consultancy and quality teaching & training material. EDI has been spearheading entrepreneurship movement throughout the nation with a belief that entrepreneurs need not necessarily be born, but can be developed through well-conceived and well-directed activities.
- Industrial Resource Locator in Kerala
  The Industrial Resource Locator is essentially a database of resources available for industrial activity in Kerala. This facility also provides a host of supports and information for use by potential invest

Small Industry Service Institutes(SISI)

The entrepreneurs are assisted in many areas :- Identification/Selection of products of manufacture; selection of appropriate technology; manufacturing process and technique; selection of suitable plant & machinery; market potential Information. These are set up by different States. Like:-

Small Industry Service Institutes, Goa

Small Industry Service Institutes, Kolkata

Small Industry Service Institutes, Jaipur

Industrial Extensions Bureaus (These exist in several states) They are known by such names as iNDEXTb, Udyog Mitra, Udyog Sahayak and so on).

iNDEXTb in Gujarat

Udyog Mitra

It offers general guidance to entrepreneurs seeking to set up industries, in respect of various rules and regulations, policy matters, approvals and clearances which have to be necessarily compiled with at several stages during the progress of a project.

Udyog Sahayak
To help entrepreneurs establish their enterprises in Punjab, a special cell called Udyog Sahayak has been set up in the State Industries Department. Officers in Udyog Sahayak advise and assist entrepreneurs in completing all the paper work. Udyog Sahayak ensures that all the formalities regarding setting up of a unit are cleared as quickly as possible.

Khadi and Village Industries Commission, New Delhi
The KVIC is charged with the planning, promotion, organisation and implementation of programs for the development of Khadi and other village industries in the rural areas in coordination with other agencies engaged in rural development wherever necessary. Its functions also comprise building up of a reserve of raw materials and implements for supply to producers, creation of common service facilities for processing of raw materials as semi-finished goods and provisions of facilities for marketing of KVI products apart from organisation of training of artisans engaged in these industries and encouragement of co-operative efforts amongst them.