I am an Electronics & Instrumentation engineer with active interest in Embedded Electronics technologies.
Out of so many domains, I chose consumer electronics as FMCG consumer goods are fastest growing sectors in India in influence of Make in India/Start Up India.
I have selected Home Theater 2.1 as start up product but I have been advised by top consultant to refrain from manufacturing. According to them to set up cost effective manufacturing you need big set up which can cost 50 lacks to 1.5 crores.
Also very reliable sales channel/network is also required to sell minimum quantities. For new entrant in market it is not at all easy to have very trustworthy distributors/marketing agencies from where safe money recovery could be done.
Because of these factors, I have suspended my plans of manufacturing for time being.By the way I am Mechatronics technology hobbyist & explore new products in Automation segment.
I totally agree with you that trend changes from industry to industry.
You can connect with me on Linkedin.