Blog

Want to Start Business in Madhya Pradesh?, Here are Few Good Profitable Ideas for You

Wednesday, October 11, 2017

facebook twitter Bookmark and Share

List of Clusters are identified in Madhya Pradesh:

1. Engineering Cluster, Bhopal

2. Namkeen Cluster, Indore

3. MPPMO Pharma Cluster, Indore

4. Indore Pharma Cluster, Indore

5. Poha Cluster, Ujjain

6. Plastic Packaging Cluster, Indore

7. Sandstone Cluster, Gwalior

8. Rechargeable Torch Cluster, Indore

9. Transformer and Allied Cluster, Gwalior

10. Readymade Garment Cluster, Indore

11. Power Loom Cluster, Jabalpur

12. Plastic Processing Cluster, Ujjain

13. Confectionary Cluster, Gwalior

14. Wooden Furniture Cluster, Chhatarpur

Madhya Pradesh is the second richest state in terms of its mineral resources. Primarily, it has an agricultural and pastoral economy. Industrial development is primarily concentrated in Indore, Bhopal, Gwalior and Jabalpur districts. Large industries are established at Pithampur in Indore, Malanpur in Gwalior & Mandideep in Bhopal. Cement, sugar, paper, textile, steel, soya, vehicles and medicine are the major industries today in the state. BHEL in Bhopal, Government Ordnance Factory Jabalpur, Currency Printing Press at Dewas, Alkaloid Factory at Neemuch, Rail Coach Factory Bhopal are notable Central Government managed organisations. Mineral development, industries based on agricultural and forest produce continue to be the mainstay of industrial production in the state.

Industry in Madhya Pradesh is largely natural resources driven. It has abundant natural wealth in the form of limestone, coal, oilseeds, pulses, bauxite, iron ore, diamond, copper ore, manganese ore, rock sulphate, silica, soya, cotton and so on. The state has a strong industrial base in sectors like Textile, cement, steel, food processing, automobile and auto components, pharma and optical fibre. Madhya Pradesh is rich in resources to attract investment in the state. The Government is constantly improving the business environment through progressive policies and proactive measures. The state has the distinction of being the only diamonds producing state in India, with production in Panna district.

After Gujarat, Madhya Pradesh is now the second preferred state for the corporate world to get their industries set up. The state has an agrarian economy. The major crops of Madhya Pradesh are wheat, soybean, gram, sugarcane, rice, maize, cotton, rapeseed, mustard, and arhar. The state has the largest reserves of diamond and copper in India. Other major mineral reserves include those of coal, coalbed methane, manganese, and dolomite. The state’s tourism industry is growing.

Project Opportunities in Madhya Pradesh:

Minerals

Madhya Pradesh has a unique geographical location - it is centrally located sharing borders with six States - and its vast mineral resources are great incentives for prospective investors. Being a mineral-rich State, it has tremendous potential for cement, ceramic and asbestos manufacturing industries. Besides, Madhya Pradesh is the only Indian State to have diamond mines. So cutting and polishing of diamonds can emerge as a major industrial activity here, fuelling the growth of the jewellery manufacturing industry.

Food Processing

Madhya Pradesh is the fourth largest producer of agri products in India with lowest consumption of fertilizer per hectare. The state ranks first in the production of soyabean, gram, oilseeds, pulses, and linseeds, maize. Agriculture is the main stay of the State economy, with about 74% of the population depended on it. Kharif crops occupies about 56% out of the total cropped area in the State, while rabi crops occupies about 44% of the area. Madhya Pradesh is the third highest producer of food grains (14.10 m. metric tonne) in the country.

Auto & Auto Components

The size of the auto component industry in the state is $306 million. Sixty per cent of the auto industry in Madhya Pradesh is dominated by auto component players. The state has developed a 5,000-ha industrial cluster at Pithampur, which provides readily available infrastructure for companies willing to set up manufacturing facilities.

Textiles

Madhya Pradesh is famous for its extensive history of textiles. The most famous textile products in Madhya Pradesh include the Chanderi and Maheshwari Sarees. The handicrafts of Madhya Pradesh are a reflection of the rich culture and tradition of this state. The type of raw materials that are implemented might have changed throughout the years and the usage of the products manufactured has also changed but an extensive history of textile industries in the state keeps on contributing to the extremely unique handicrafts industry of the state.

Cement Industry

Madhya Pradesh is the third largest producer of cement in the country. It is rich in cement producing minerals and has the appropriate know how and knowledge pool to run cement plant. At present, several major groups like Birla Corporation, Vikram cement, Prism cement, Diamond cements, Maihar cement and ACC Cement are growing manufacturing plants in Madhya Pradesh.

Tourism

Madhya Pradesh is called the Heart of India because of its location in the centre of the country. It has been home to the cultural heritage of Hinduism, Islam, and Buddhism etc. Innumerable monuments, exquisitely carved temples, stupas, forts & palaces are dotted all over the State. The State of Madhya Pradesh has innumerable sites for tourist attraction ranging from preserved medieval cities and wildlife sanctuaries to pilgrim centres. It includes monuments, archaeological sites, carved temples, stupas, forts, palaces, etc. Gwalior, Mandu, Datia, Chanderi, Jabalpur, Orchha, Raisen, Sanchi, Vidisha, Udaygiri, Bhimbetika, Indore and Bhopal are the places well-known for their historical monuments.

Gems and Jewellery

Madhya Pradesh is the only Indian State to have diamond mines. So cutting and polishing of diamonds can emerge as a major industrial activity here, fuelling the growth of the jewellery manufacturing industry. With 604,000 carats of proven diamond reserves it accounts for 99 per cent of Indian total reserves. It is the sole producer of diamonds in the country.

Waste management

Madhya Pradesh produces roughly around 7,999 tonnes of electronic waste annually and it stands at 7th place in waste generation in the country, he added. As Madhya Pradesh does not have a recycling unit for electronic waste, we are thinking over sending it to Maharashtra and other states.

Power

Madhya Pradesh is well endowed with hydroelectric power potential, and a number of hydroelectric projects have been developed jointly with neighbouring states. Madhya Pradesh also draws a portion of its power from several thermal stations located within the state. Most of these thermal plants are coal-fired. Madhya Pradesh Power Generating Co. Ltd (MPPGCL) is a wholly owned company of Government of Madhya Pradesh engaged in generation of electricity in the state of Madhya Pradesh. It is a successor entity of erstwhile Madhya Pradesh State Electricity Board (MPSEB).

Few Suggested Projects for Startups:

Trading of Iron Ores

Steel is considered to be the strongest material in that price. Day to day life and growth of industry and infrastructure in any country totally depends on steel. It is consumed in all spheres of life. It has played major role in the development of major economics like US, EU, Japan and now China…..Read more

Concentrated Manganese Ore

India holds a leading position as a source of manganese ore. The output of this mineral being the third largest in the world. The ore occurs in various forms of deposits with varying grade of purity. It appears in admixture with iron, silica & other minerals….Read more

Thermal Power Plant (5 Mw)

Power generation is an essential requirement of economic growth of a country. Generation involves with the production of power and transmission and distribution function is of carrying the generated power to the doorsteps of the consumer…..Read more

Coal Washing Unit

Coal washing unit is one of the most important unit for upgradation of coal in sense of fed value by reducing of ash contents in the coal. It is basically associated with seive position to get the quality coal…..Read more

Marble Granite Cutting & Polishing Unit

It is an important structural & ornamental stone because of its higher compressive strength & durability, is extensively used for massive structural work. It is a light coloured indigenous granular rock, grey, red, pink, white or green in colour & characterized by presence of quartz, feldspar & minor amount of mica…..Read more

Precipitated Silica from Rice Husk Ash

Precipitated silica (also called particulate silica) is compound of aggregates of ultimate particles of colloidal size that have not become linked in massive gel network during the preparation process…..Read more

Thermocole (EPS) Cup, Glass & Plates

Thermocole or expanded polystyrene as the name suggests, is polystyrene expanded to more than two times the volume of polystyrene. Polystyrene foam is an excellent packaging material because of combination of various properties such as lightness, rigidity, shock absorption, thermal insulation, resistance to moisture, snow white colour etc……Read more

Soyabean Oil, Soya Paneer and Soya Extract

Soyabean is one of the most important agro based product which has commercial value after rice, wheat, maize etc. It is generally cultivated in the tempered region with water availability. It is generally matured in the month of November….Read more

Food Processing Unit (Pulses & Dates)

The food processing industry has been identified as a thrust area for development. This industry is included in the priority-lending sector. India produces over 200 million tonnes of food grain and 13 million tonnes of fruits and vegetables….Read more

Maize Cultivation & Its Products

Amongst cereal crops of India, Maize ranks fifth in area and third in production and productivity. During last year 11.2 million tons grain production was realized in an area of 6.2 million hectare more or less constant in the last one decade….Read more

Paper Napkins, Toilet Roll & Facial Paper from Tissue Paper Rolls

Hygiene is an essential component of healthy living, integral to achieving health and preventing disease. Not just selecting the right food choices but also cooking & consuming them in a hygienic way is equally important in preventing the infectious diseases. Adopting hygienic practices and promoting hygiene in the community, schools and workplace prevents innumerable infectious disease…..Read more

Readymade Garments

The readymade garments industry in India owes its existence to the emergence of a highly profitable market for exports. The changes in the life style since the onset of the liberalization era, and given the base of the industry for the overseas market, Indian garments industry has taken big strides….Read more

Cement Plant

The general outlook for the cement industry is fulfilled the situation in a large body of Indian Industry, with a market rise in production failing to generate adequate profitability….Read more

Glass Manufacturing

The Indian glass industry has come a long way since its inception in the early 19th century. This well-developed industry is large enough to cover virtually all the major facet of glass making. The glass industry in our country has accumulated capacity for in excess of domestic needs…..Read more

Disposable Plates from Banana Leaves

Disposable cutlery and containers are products that are a part of our day to day life. Disposable items like cups, plates, saucers are being increasingly used. Such disposable items are made with natural materials like leaf as well as man made products like paper, plastics. Leaf cups, plates have greater hygiene value…..Read more

Jeans Manufacturing Unit

Jeans are trousers, a type of garment, typically made from denimor dungareecloth. They come in many styles and colors. Jeans are dyed in every color of the rainbow.There are several advantages associated with denim jeans, which emerge when the denim jeans are compared with other types of clothing…..Read more

Goat Farming

Most Indian prefers goat flesh to other meat, although it is comparatively higher in price. Goat’s milk is popular with many being highly nourishing. Goat skins are in a great demand for leather for gloves & shoes. Its hair is used for rope making….Read more

Gold Jewellery

Jewellery making is one of the oldest industries in India. It has been a traditional craft in India, each region in the country specialising in different designs and skills. Jewellery is one trade, which is still placed in the cottage industry category….Read more

Resin Bonded Diamond Wheels

The resin bond diamond wheels are mainly used for grinding tungsten carbide and non-metal materials. Various kinds of dimensions and shapes are available, such as flat shapes, cup shapes and dish shapes, etc…..Read more

Rice Flakes

Rice flakes are tasty flakes that are created using rice grains. The process for creating rice flakes involves parboiling the rice, then flattening the grains to product a solid flake. There are a number of rice flake recipes used in Asian cuisine. Often in western countries, rice flakes are used to create cereals and different types of snacks…..Read more

Rice Bran Oil

Rice bran oil is an important oil in soap industry. It is obtained from heat treatment of the fresh bran. Rice bran contain about 18-20% of oil other constituents are oleic Acid 40-50% and 29-42% saturated acid. Crude and edible oil are two grades of bran oil. It is used as a shortening…..Read more

Wheat Flour Mill

Wheat is a grass, originally from the Fertile Crescent regions, but now cultivated worldwide. In 2007 world production of wheat was 607 million tons working it the third most produced cereal after maize (784 million tons) and rice (651 million tons)…..Read more

Disposable Paper Plate

Disposable cutlery and containers are products that are a part of our day to day life. Disposable items like cups, plates, saucers are being increasingly used. Such disposables items are made with easily degradable materials which are manmade products like paper from wood pulp, biomass etc…..Read more

Diamond Blade

Diamond blade is an instrument or cutting machines, which is broadly used for cutting of very hard materials. It is basically manufactured by using of very hard blade knives supported by high tech ceramic base product, which is hard like diamond…..Read more

E-Waste Recycling Plant

Electronic waste, e-waste, e-scrap, or Waste Electrical and Electronic Equipment (WEEE) is a loose category of surplus, obsolete, broken, or discarded electrical or electronic devices…..Read more

Disposable Plastic Cups, Plates & Glasses

The plastic industry in India plays a very important and key role in Industrializations. A wide spectrum of plastics and articles manufactured by the industry has touched the life of every Indian in many ways through consumer plastics. The disposable plastic cups are manufactured by thermoforming technique…..Read more

Solar Panel

A solar panel is a collection of solar cells. Lots of small solar cells spread over a large area can work together to provide enough power to be useful. The more light that hits a cell the more electricity it produces, so spacecraft are usually designed with solar panels that can always be pointed at the Sun even as the rest of the body of the spacecraft moves around, much as a tank turret can be aimed independently of where the tank is going…..Read more

Herbs Plantation (Medicinal)

Every herbal plant have its own specific use for the production of specific drugs from specific herb. It has large enduse in the pharmaceutical industry. The only countries in the world with significant prescription sales of herbal medicines are China, India, Japan and Germany…..Read more

Herbal Extracts

Herbs are grown in large number of verities in our country due to vast and wide variation in soil and climate. The extracts of these can be used as raw material for various food, cosmetics and medicinal formulation….Read more

Cotton Ginning and Pressing

Gin implies a machine especially is for hoisting a cotton-gin. Ginning pertains to clear of seeds by a cotton-gin, whereas ginner is one who gives cotton and ginnery or gin house refers to a place where cotton is ginned…..Read more

Ready to Eat Food (Retort Packaging) (Vegetable Pulao, Dal Makhani, Palak, Rajmah, Potato Peas & Mutter Mushroom)

Ready to Eat Meals like already cooked or prepared lunch & dinner are relatively new products which came in market only a few years back and are now sold through retail general stores in especially made sealed aluminum laminates…..Read more

 

See more

https://goo.gl/deCHGE  

https://goo.gl/oN41ge

https://goo.gl/DHt3bV

https://goo.gl/B22nrp

Contact us:

Niir Project Consultancy Services

An ISO 9001:2015 Company

106-E, Kamla Nagar, Opp. Spark Mall,

New Delhi-110007, India.

Email: [email protected]  , [email protected]

Tel: +91-11-23843955, 23845654, 23845886, 8800733955

Mobile: +91-9811043595

Website: www.entrepreneurindia.co , www.niir.org

 

Tags

Top  Profitable Small Business Ideas in India, Best Business Ideas for Rural Areas in India & World Top Best Small Business Idea, Invest Low,  Low-Cost Business Ideas for Introverts, Low Budget Best Small Business Idea for Self Employment, Low Cost Business Ideas with High Profit, What is Low Cost Business to Start?, Start Small Business, Low Investment Manufacturing Business in India, Low Cost Small Business Ideas that Actually Work, Low Cost Small Business Ideas for India, Best Small Business Ideas in India to Start Business, 100% Risk Free Business, Profitable Small Business Ideas with Small Investment, Best Home Based Business Ideas, Best Part Time Business Ideas to Start New Business, Best Ideas for Low Budget Business and More Profits, Top Best Small Business Ideas for Women in 2017, Most Profitable Business Ideas with Low Investment, Easy Simple Best Unique Low Cost Small Investment, Start up Business Ideas, How to Start Small Scale Business, Starting Business in India, Business Plan for Beginners, Business Opportunities in Madhya Pradesh, Best Profitable Business Madhya Pradesh, Starting Business in India, Low Cost Business Ideas, Startup Business Ideas, Small Business Start Up Ideas for Women, Start-Up Business Ideas in Madhya Pradesh, Small Business Ideas in Madhya Pradesh With Low Investment, Business Opportunities in Madhya Pradesh, Small Scale Business Ideas & Opportunities in Madhya Pradesh, Profitable Small Business Ideas, Small Business Startup‎, Start Business in Madhya Pradesh, New Business Opportunities in Madhya Pradesh, Profitable Business in Madhya Pradesh With Low Investment, Best Business to Start in Madhya Pradesh, Secret to Making Money by Starting Small Business, Small Business Ideas with Small Capital, Top  Best Small Business Ideas for Beginners  2017, Small Business But Big Profit in India, Best Low Cost Business Ideas, Small Business Ideas that are Easy to Start, How to Start Business in India, Top Small Business Ideas in India for Starting Your Own Business, Top  Easy Small Business Ideas in India, Small Investment Big Returns, Top Best Small Business Ideas in India, Business Ideas With Low Investment, How to Get Rich?, Low Cost Business Ideas, Simple Low Cost Business Ideas, Top Small Business Ideas Low Invest Big Profit in India Smart Business Ideas, Very Low Budget Best Business Ideas, Low Investment High Profit Business, Small Business Ideas to Make Money, Profitable Small Scale Business in Madhya Pradesh, Small Scale Business in Madhya Pradesh, Franchise Opportunities in Madhya Pradesh, Small Scale Business With Less Investment, Business Ideas, Business Starting Ideas, Profitable Business Ideas to Start, Ways to Start Own Business, How to Start Business in India, How to Start Small Business?,Most Profitable Agricultural Business Ideas, Business & Franchise Opportunities in Madhya Pradesh


blog comments powered by Disqus



About NIIR

Hide ^

NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

^ Top

Products & Services

Others

Contact Us

My Account

Help

Payment Options

  • Credit Cards
  • Debit Cards
  • PayPal
  • Net Banking - (All Major Indian Banks)

We Process

  • Cards

Google Search


Search Blog