Market Research in India is not a very modern concept; it isabout three decades old. In the firstdecade, there were 2-3 key players. The second decade saw the evolution of morecompanies owing to growth opportunities. Market research in India has grown overthe years moved towards becoming an industry from a craftsmen's guild. Theresearch industry has been flourishing by 30% for the past three years. Theestimated expense of market research activities is over $35 million.Present-day, there are about 200 firms in the country rendering marketingresearch services.
Algoro Research Consultant is renowned name amid them. Itentered the market in the year 2015 to provide customized solutions. Thecompany supports businesses in determining essential insights. The marketresearch reports presented by the company comprise of the best market analysiscomprising the appropriate statistical and analytical information on markets,applications, industry analysis, market shares, technology and technicalshifts, important players, and the advancements in the market.
PankajWamanrao bomble theCEO of Algoro elaborates, "Reports and Markets boast upon with a comprehensivelist of market research reports, which we have collated from thousands ofpublishers all across the world."
Heproudly claims, "We have comprehensive reports covering each category andsubcategory of a broad range of market research reports. Thus, we remain thefirst preference for numerous companies and agencies requiring a wide range ofmarket research reports, report customization services, ancillary servicesalong with the newsletter and corporate service for big business groups."
This has therefore supported companies of all sizes allacross the world and diverse industry domains to leverage from its in-depthmarket reports. The organization caters the insight of the emerging trends,opportunities, possible risks and other elements that encourage the companiesto sustain in the long run in this fierce competition. Reports and Markets hasa competent team and remain abreast with all the happenings in this domain. Itworks closely with clients offering the most competitive and realistic advicewith the relevant market research reports.
"Our team remainindispensable with its competitive by staying well-informed about the emergingmarket research trends, market research publications, and the industryverticals. This has encouraged many companies and organizations to obtain themarket research according to their requirements at the most competitive cost", Pankajsays.
Algoro Research brings the market research reports that offerclients the highest return on their investment. A majority of market researchreports are sought by companies and corporations, considering its value-addedservices. Here, market reports work on two key parameters – scope andmethodology. With the market research reports, presented by the Algoro teamallows companies to find the best outcome by keeping them under guidance in thecompetitive environment. Some of the major services offered by the companyinclude:
"Our Research Specialists are known for their in-depth knowledge about the different publishers and the diversity found in the wide range of reports found in their respective industries. We support people in refining all the search parameters, reviewing the scope and methodology of the reports clients choose, locate the full range of available reports, and thus offer them the most informed and objective advice to ensure that our clients end up making the best research purchase decisions", Pankaj clarifies.
Regardless of the services people ask like competitiveanalysis of the current or emerging market reports or the product trends fortheir new products, Algoro Research has the best research offerings andexpertise to ensure them rightly get the most critical information theyrequire. By expanding their choices, they simply would land up with Algoro likemany other leading brands that are its clients and thus gain a competitive edgein their business.
Pankaj recollects, "It all began way back in 2012 when I justfinished my MBA and I relate to the business family, but I decided to goagainst the flow. I opted for a job inChennai in IT CONSULTANT and then my love for market research and consultingtaken the boost. I came back from Chennai and join the best name in research inPune and one fine day, this idea took shape, and now it's a reality."
Apart from his passion for market research, Pankaj wanted todo something in his home town to boost employment in general as most of theyoung students go outside from Nagpur in search of jobs so, he came up withthis company in Nagpur.
Challenges at the Initialphase
'Every good work comes with difficulties'. The company was started with a vision to provide jobs tothe best talent. But funding was becoming a hurdle in that path. To resolve it, Pankaj took a loan from hisDAD and also invested all his savings in it. Initially, he started with a teamsize of 4. It was very risky, and he hadto suffer a lot of complications. But with time, everything came under control,and the company is on its progressive path.
Team is the MajorStrength
The company was started with 4 people, now it is the team 160expert professionals, working in different departments including marketing,sales, after-sales, and operation. The entire team understands the customer'sneeds and design custom market research surveys. The experienced fieldresearchers collect high-quality data using mobile technology and deliver greatvalue to clients.
"When it comes to market research, there is no'one-size-fits-all' solution, and this is especially true as we work acrossvaried domains and verticals. Our team understands it well and work accordingly,"Pankaj stated.
Pankaj Wamanrao Bomble
Pankaj Wamanrao Bomble is the main guidingforce behind Algoro Research Consultants. The company is enjoying the successjourney because of his outstanding leadership; he is positioned as CEO here.Pankaj aims to emerge as the largest market research service provider backedwith modern technology and innovation. He is disrupting the entire marketresearch industry with his unparalleled approach and working strategy.
Achit Kubade is anotherimportant pillar of the organization. As a managing director, he has a criticalrole to play, and Archit is performing his responsibility extremely well. Withthe vision to provide better working employee-friendly organisation and nurturegreat talents for the future he continually takes up challenges assigned by the board and deliver the best. He holds over 10 years of experience in thefield of Information technology and Business management and Analysis as well. Archit Started as an Executive in IT way back in 2002 andhas been part of two startups, he likes totake up things multiangle and give his best when required.
Thejourney of 12 years has been ways of all up and downs ACHIT Recollects " Whenyou have very limited and you have you give the best time test you but keepdoing your work with full dedication you will give the best ''