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Highly Profitable Small and Medium Scale Projects for startup

 

Highly Profitable Small and Medium Scale Projects for Startup

(NPCS Newsletter - Issue 042017)

Project Profiles of below projects can be viewed/ downloaded from http://www.niir.org/profiles/

The only way to determine if your ideas can potentially be profitable as a business and is worth pursuing further is to conduct feasibility studies. The purpose each entrepreneur should conduct a detailed feasibility assessment or study is to test if that business idea makes: Personal Sense, Business Sense, Market Sense, and Financial Sense.  Without looking at the personal aspect, business concept, the market, and the financials, as well as analyzing the data and information, an entrepreneur is likely not to be successful or not as successful as s/he would like to be. A business plan is an essential roadmap for business success. A business plan provides direction, keeps you on track and is usually a requirement when you seek finance. A business plan is a formal grid map of all of your business goals, and plans on how to achieve them. Entrepreneurial skills assist Small scale industries generate growth and development of new ventures in developing economies. At the entrepreneurship development level, a key role of the programme is to develop tools and programmes that deal with the long term effects of entrepreneurial culture.

We believe that preparing a business plan is important for any business regardless of its size or nature. To make it easier here are few project profiles for planning a business:

 

Floral Foam

Floral foam is a dense, lightweight and porous material that can be cut into virtually any shape. It holds its shape when wet and provides both water and support to cut flower arrangements. The density of floral foam means that it holds large quantities of water, which in turn, increases the life of flowers. It also provides increased support to the flower stems, giving more control with flower arrangements.Floral foam originally appeared as a green brick. Today, it comes in various colors and a variety of shapes such as spheres, crosses or wreaths suitable for a variety of arranging needs.

In addition, floral foam is pH balanced. This means that the acidity of the environment which the flowers are placed in remains at the optimum level ultimately helping your flowers to last. Another important feature of floral foam is how quickly it will soak and absorb water.Floral foams have become a permanent staple in the art of flower arrangement. By providing trouble-free support for flowers, many designs have been made achievable, giving flower arranging artists more room to come up with every design that they can imagine.

 

Aluminium Fluoride

Aluminium fluoride is the chemical compound with the formula AlF3. It has the consistency of a white powder. AlF3 is refractory, in strong contrast to the other halides of aluminium. Adding aluminium fluoride to the production process of primary aluminium lowers the consumption of electricity required in the smelting process and thereby considerably contributes to the reduction of production costs of aluminium. Aluminium producers (smelters) are the main users of aluminium fluoride.

Aluminium fluoride is used in many industrial processes. It is one of the minor constituents added to the electrolytic cells during the production of metallic aluminium. Aluminium fluoride is used in turning alumina into aluminium.

 

Spices and Masala

Grinding, Blending and Packing

Spices are non-leafy parts (e.g. bud, fruit, seed, bark, rhizome, and bulb) of plants used as a flavoring or seasoning, although many can also be used as an herbal medicine.They impart aroma, color and taste to food preparations. The volatile oils from spices give the aroma and the oleoresins impart the taste.

India is the largest producer, consumer and exporter of spices and spice products in the world and produces more than 50 spices. India is also a big exporter of Chilli, turmeric, cumin, pepper and many other spices.There are a number of masalas with various ingredients.

 

Cashew Nut Processing Unit

The cashew nut is a popular dessert nut, eaten out of hand, with other mixed nuts and used in baking and confections. Sixty percent of cashews are consumed as salted nuts. It is also made into cashew butter and nut milk. The nut is high in protein, oil and also vitamins, especially thiamin. The nut makeup is 47% fat, 21% protein, and 22% carbohydrate.

Three main cashew products are traded on the international market: raw nuts, cashew kernels and cashew nut shell liquid (CNSL). A fourth product, the cashew apple is generally processed and consumed locally. The raw cashew nut is the main commercial product of the cashew tree, though yields of the cashew apple are eight to ten times the weight of the raw nuts. Raw nuts are either exported or processed prior to export.

 

Wire Nail

Wire nail is very well known item, as it is very common product, which is normally used in daily life. It is used for fastening purpose. Its use is so wide spread that it has become part and parcel of the life.

Wire nails are pin-shaped, sharp objects of hard metal or alloy used as fasteners. They are typically made of steel, often dipped or coated to prevent corrosion in harsh conditions or improve adhesion.Ordinary nails for wood are usually of soft, low carbon or mild steel while those for concrete are harder. Nails are used for various purposes and industries ranging from building and construction to carpentry. There is a tremendous variety of nails, since they are used for so many different purposes.

 

Sterile Water

for Injection with BFS Technology

The objective of formulating and compounding sterile preparations is to provide adosage form of a labeled drug, in the stated potency that is safe to use if administeredproperly.Water for InjectionWater for injection is purified by distillation or reverse osmosis and is free of pyrogens (bacterial substance that can produce fever).Sterile water for injection USP is sterilized and packaged in single-dose containers not exceeding 1000 ml.Bacteriostatic water for injection is sterilized and contains one or more bacteriostatic agents in a container no larger than 30 ml.

India’s pharmaceutical sector has seen unwavering growth in the past few years, going up to 23 billion USD in 2012 from 23 billion USD in 2002. Various industry reports suggest that the pharmaceutical sector in India has been growing consistently at the rate of 13-14% every year since the last five years.India has an organized pharmaceutical market of its own, which is being considered as a potential partner by other countries. The Indian Pharma Market is ranked number 3 in terms of volume and 10thin terms of market value.As a whole it is a good project for new entrepreneurs to invest.

 

Precast RCC Sleeper

For Railway Track

Earlier, wooden sleepers were used for laying the railway tracks but due to the depleting wooden resources and increasing concern of the ecological balance, the use of concrete sleepers was started and now it has completely replaced the wooden sleepers.Concrete ties have become more common mainly due to greater economy and better support of the rails under high speed and heavy traffic.

Ties are normally laid on top of track ballast, which supports and holds them in place, and provides drainage and flexibility. Heavy crushed stone is the normal material for the ballast, but on lines with lower speeds and weight, sand, gravel and even ash from the fires of coal-fired steam locomotives have been used.

 

Mini Aerodrome

An aerodrome or airdrome is a location from which aircraft flight operations take place, regardless of whether they involve air cargo, passengers, or neither. Aerodromes include small general aviation airfields, large commercial airports, and military airbases. The term airport may imply a certain stature (having satisfied certain certification criteria or regulatory requirements) that an aerodrome may not have achieved. That is to say, all airports are aerodromes, but not all aerodromes are airports.

India needs to build 50 new airports with investments of Rs.2.72 lakh crore, to handle air traffic in the next 5-7 years.

For the last one-and-a-half years, India has been the fastest growing air traffic market in the world.

 

Activated Carbon

from Coconut Shell

Activated carbon in any form of carbon shows high absorptivity for gases, vapours and colloidal solids in either the gas ion or liquid phase. It is available in many forms such as pellets, granules and in powder form. Activated carbon is very important chemical has wide application and employed by numerous industries which require absorption of certain gases and vapours in purification, in catalytic chemical reactions, decolorisation of vegetable oil and sugar solutions. Activated carbons have a large surface area, liquid phase or decolorising carbons are generally light, fluffy powder that exhibits surface areas of about 300 m2/g. while gas or vapour phase carbons are hard granules or formed pellets that exhibit surface areas from 800 m2 /g to 1200 m2/g.

 

Hydroponic Green House Farming

Hydroponics is a system of agriculture that utilizes nutrient-laden water rather than soil for plant nourishment. The re-use of nutrient water supplies makes process-induced eutrophication (excessive plant growth due to overabundant nutrients) and general pollution of land and water unlikely, since runoff in weather-independent facilities is not a concern. Aeroponic and hydroponic systems do not require pesticides, require less water and space than traditional agricultural systems, and may be stacked (if outfitted with led lighting) in order to limit space use (vertical farming). This makes them optimal for use in cities, where space is particularly limited and populations are high-self-sustaining city-based food systems mean a reduced strain on distant farms, the reduction of habitat intrusions, fewer food miles, and fewer carbon emissions.

 

Peanut Butter

Peanut butter is a food paste made from ground nut or peanut. It consists essentially of cleaned, graded, blanched, roasted and crushed groundnuts containing about 45 percent of oil and over 25 percent of proteins, being thus a highly nutritive food.The major groundnut-producing countries of the world are India, China, Nigeria, Senegal, Sudan, Burma and the USA. The peanuts are shelled and dry-roasted the skins are removed and the nuts are finally ground. This material is blended with salt and other ingredients that may include hydrogenated fat, dextrose, corn syrup solids, and lecithin and anti-oxidants.

Plant and machinery required for the manufacture of peanutbutterarenot much sophisticated and canbeprocured indigenously. Peanut butter is used for making Sandwiches, candy and other bakery products.

 

Holiday Resort

A Holiday resort is a self-contained commercial establishment that endeavors to provide most of a vacationer's wants, such as food, drink, lodging, sports, entertainment, and shopping, on the premises. A resort is not always a commercial establishment operated by a single company, although in the late twentieth century this sort of facility became more common.

The need for advancement of holiday resorts has been felt very recently due to advancement in the technology and industry due to which a lot of young million are have come into existence. This class of people and many people from higher and medium class like to take advantage of this type of holiday resort on many occasions.

 

Dal Mill

(Pulse)

India is the still by and large vegetarian in dietary habit and heavily depends upon vegetative source to meet out its daily protein requirement. India is bound to be global leader in terms of production and consumer of pulses. Since, India is leading importer of pulses; production of pulse/legume crops has been stagnant over the years.

They are the main sources of protein. The important dals in the country are Channa, Moong, Urad, Moth, toordal and Masoor, Matar etc. The pulses are used for preparing hot dishes, sweet dishes and other varieties.Pulses are the important sources of proteins, vitamins and minerals and are popularly known as “Poor man’s meat” and “rich man’s vegetable”, contribute significantly to the nutritional security of the country.India is the largest producer (25% of global production), consumer (27% of world consumption) and importer (14%) of pulses in the world.

 

Paper Napkins, Toilet Paper Rolls & Facial Tissues

 The tissues paper sector has boomed over the last few years. With a move to more luxurious tissue paper and ultra-absorbent paper towels the industry has been able to increase the tissue prices and create new brands to retain consumers.Tissue can be made both from virgin and recycled paper pulp. Majorly there are five types of tissue papers namely; Bathroom Tissue, Facial Tissue, Paper Towel, Paper Napkin and,Specialty and Wrapping Tissue.

Facial tissue and paper handkerchief refers to a class of soft, absorbent, disposable papers that are suitable for use on the face.Toilet paper is in large and increasing demand and its manufacturing can easily be embarked upon by small industry.Paper Napkin age becoming popular with catering Industry due to its manifold uses. These are absorbent, hygienic light and can be had with attractive printing.

 

Market Survey Cum Detailed Techno Economic Feasibility Report on above projects can be had from NPCS

Download Monthly Issues of Entrepreneur India (an Industrial Monthly Journal on Industrial Development Technologies & Project Opportunities) 

http://www.niir.org/contact/entrepreneur.phtml

http://www.entrepreneurindia.co/entrepreneur

 

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E-mail: [email protected]; [email protected]  

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