8 Hot and Promising Industries for Indian Startups in 2013


Bangalore: Startups are becoming increasingly popular day by day.  We can see new startups coming up and making a place for themselves in various niches of the market.

Countering the common belief, all startups do not spring up from an idea. A startup can be initiated by spotting a gap or requirement in the market – when Sachin and Binny Bansal spotted the need for an e-commerce portal which is crafted for the Indian market, they came up with Flipkart.

This is a list of current hotspots that startups can capitalize in, according to Forbes.com.

#8 Translation services

Growth Forecast: 3%

There is an increasing demand for translation services in the global tech market. A regular employee with a degree in foreign languages has better scope for growth in his career than an employee who does not hold one. Current requirements in the IT sphere is high for German and Spanish but the market will soon be saturated with German and Spanish translators and other languages will be in demand.

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