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In India, the local product market often involves a business gamble due to intense competition and regulatory challenges. Many entrepreneurs invest in traditional items like spices, textiles, or handicrafts, hoping to tap into global demand. However, fluctuating prices and cultural barriers can turn this into a risky venture. For instance, launching a new line of Ayurvedic products requires careful market analysis to avoid losses. Success depends on strategic planning and adapting to local consumer preferences, making it a calculated business gamble. |
