BDB’s vast experience in Industrial Research includes carrying out consulting assignments in the field of capital equipment, components, systems, technologies, chemical and allied industrial consumables.

BDB has participated in new projects and expansion plans of Indian customers as well as in the market entry strategies for overseas clients.  The studies include demand analysis, projections and trends, channel analysis, supply features, technology trends, analyses of suitable locations for setting up the plant, raw material availability study, price sensitivity and partner identification for joint ventures.

In the industrial sector, BDB has had the privilege of working with successful companies to analyze the market demand, perceptions and viability of takeovers.  For many of them, BDB has developed a market entry strategy for new products.

BDB conducted an elaborate study for their members companies to evaluate the market opportunities in India.

Apart from consulting assignments, several business houses in India seek BDB’s expertise in analyzing their overseas markets.

BDB has developed strategies for them to enter into several overseas markets, including China, ASEAN countries, Australia and countries of the Middle East and Africa.

Most industries are not just expanding but also rapidly updating their technology.  For each assignment, the methodology varies because these are all customized research analyses.

For instance, to identify a new business opportunity, BDB first understands its clients’ strengths, weaknesses and expectations.  The industrial horizons are then scanned so to speak, nationally or globally.  Complimentary or synergistic business opportunities shall be identified and short listed.

Thereafter, these short listed opportunities are investigated to verify whether they are relevant to BDB’s clients and whether they can be dove tailed with the business paradigm of its clients.  For new opportunity areas, each opportunity is thoroughly investigated quantitatively and qualitatively so that BDB’s client has a complete picture as well as flavour of the opportunity – both existing and emerging.

For market entry studies, BDB begins with detailed market research for the identified products, evaluates current and potential demand and then identifies locations for setting up the project.  Based on these inputs, BDB conducts a techno-economic feasibility study.  At conclusion, the output of such market research studies comprehensively results in an incisive and failsafe Strategy Recommendation Document.

BDB has assisted in setting up new projects, in acquisitions, in testing new ideas, in evaluating markets and brand equity, measuring customer satisfaction as well as in conducting pre & post launch studies.  BDB has also conducted assignments in the expansion of existing businesses.