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Good Businesses to Start in India. Great Small Business Ideas for the Future 2020 and Beyond. Start-Up Project Ideas that have Earned Lakhs & Crores. (NPCS Newsletter - Issue 112017)
Good Businesses to Start in India. Great Small Business Ideas for the Future 2020 and Beyond. Start-Up Project Ideas that have Earned Lakhs & Crores.
(NPCS Newsletter - Issue 112017)
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:
LPG Cylinder is an essential item for filling liquefied petroleum gas used for cooking purpose. The body of LPG cylinder is deep drawn in two pieces then these are welded together to make a compact unit without any leak and defect etc. LPG cylinders are in use in 5 Kg., 12 Kg., 14.2 Kg. & 19 Kg. capacities. While all the cylinders are spray-painted with a signal red color. BPC cylinders have yellow ring around the bung. HPC cylinders in blue ring and IOC cylinder are fully red. In case of 19 Kg. cylinders the top is painted olive green. The cylinders carry their complete history with regard to their serial number, Tare/Gross weight, water capacity, ISE monogram test date, manufacturer identification and year of manufacturing. For domestic use, cylinders typically will have capacities ranging from 4kg to 15kg whereas for commercial and industrial use, these will range from 45kg to 50kg.
India is the world's second largest consumer of LPG in the domestic sector, doing over 18 million tons each year. This is achieved through more than 200 LPG Bottling plans are operational across the country. On March 27, 2015 PM had officially launched the 'Give-it-Up' campaign, urging the well-off to surrender their LPG subsidy so that it can be targeted for the needy. The aim is also to bring down the country's dependence on energy imports by 10 per cent by 2022. LPG consumption in India is forecast to surpass 35 MMT by FY26. We actively encourage a culture of innovation, which facilitates the development of new technologies and ensure a high quality product…..Read more
Roller Flour Mills involved in commercial milling operations and unorganized sector consisting of mainly Chakkis. Around 800 large Flour Mills in the country convert about 10.5 Million Tons of wheat into wheat products i.e., Coarse Flour, Flour, Semolina, Bran & Wheat Germ. The installed capacity of Flour Mills is more than 21 Million Metric Tons. Roller Flour Milling sector processes around 12 – 15 per cent of the total wheat consumed in the country, the balance being processed through Stone Chakkis. The majority of units have an average installed capacity of 70 tons per day and only around 10 per cent of the mills are above the capacity of 120 Tons per day. Maida is finely milled flour and is usually refined using a fine mesh of 600 mesh per square inch. Sooji/Rava is used in many sweetmeat products. Bran separated on milling is used as cattle feed. The products sold under brand names are very few. The concept for branded cereal flour products is now increasing. The big giants like Hindustan Lever, NEPC Agroand Nirma etc. have jumped in to this lucrative industry. Indian agriculture is now going through critical times. On the one hand, relying on the strength of Green Revolution strategy and having emerged as an exporter of grains and food products, the government is keen to enact a Food Security law to ensure availability of food grains to every individual in the country.
India, the second largest producer of the food grain, is estimated to have imported 5.2 lakh tons of wheat in the year ended March 31, 2016, compared with 52,000 tones the year before, the Roller Flour Millers' Federation of India said. According to research, the packaged wheat flour market in India is growing at whooping CAGR of almost 19% since past three years.
If the growth trajectory remains the same, market may likely to touch the new height of more than Rs 7500 crore in current fiscal (2015-16) itself. As a whole there is a good scope for new entrepreneur to invest in this business……Read more
WPCs are composites containing a wood component in particle form (wood particles/wood flour) and a polymer matrix. They are used in a variety of structural and non-structural applications ranging from component and product prototyping to outdoor decking. Wood plastic composites (WPCs) are roughly 50:50 mixtures of thermoplastic polymers and small wood particles.
WPCs can be formed into almost any shape and thus are used for a wide variety of applications, including windows, door frames, interior panels in cars, railings, fences, landscaping timbers, cladding and siding, park benches, molding and furniture. This product is part of the composites to be named wood polymer composite (WPC), wood fiber composite (WFC), poly wood and pall wood, poly board, wood flex, stock wood and wood plastic. WPC is manufactured by dispersing wood particles into molten plastic with coupling agent or additives to form composite material through various techniques of processing such as extrusion, compression or injection molding. The majority of WPCs are manufactured by profile extrusion, in which molten composite material is forced through a die to make a continuous profile of the desired shape. Wood plastic composites are an important and growing segment of the forest products industry. This industry segment has grown in double digit percentages annually for the past decade. In North America, the WPC market has been dominated by rail and decking products while in Europe more emphasis has been placed on automotive applications.
The wood plastic composite market is projected to grow from $ 2579.90 million in last year to $4,601.7 million by 2019, with a CAGR of 12.2%. Automotive industry is the most crucial sector in the Europe and accounts over 4% of European GDP. Germany dominated the premium car production in 2015 accounting over 40% of the total market. As a whole any entrepreneur can venture in this project without risk and earn profit…….Read more
Nuts and Bolts (M.S. Fasteners)
A fastener is a connective mechanism that mechanically joins or affixes two or more objects together. A bolt is an externally threaded fastener designed for insertion through holes in assembled parts, and is normally intended to be tightened or released by torquing a nut.
A nut is a type of hardware fastener with a threaded hole nuts and bolts are manufactured from alloy steels having high tensile strength and resistant to continuous wear and tear. Bolt is cylindrical piece of metal that fasten objects together. Bolts and nuts can be zinc or cadmium plating to resist corrosion. Bolt and nut are used to fasten together loose parts mainly in industries and workshops. Nut is device, which rolls on these threads. In nuts internal threading is done through the combination of nuts and bolts combination into appropriate sizes. Screw demonstrates their true merit in smooth movements, during assembly etc. Nuts and Bolts are available in various sizes and shapes. The kind of the classification of bolts and nuts may broadly be those made by the cold and hot process plant. Nuts are plain, square or hexagonal in shape with flat chambered, or washer crowned top. Bolts, nuts may be finished or unfinished, and may be regular or heavy type.
Fasteners mainly cover nuts, bolts, screws, studs and rivets and are segmented between MS (mild steel) and HT (high tensile) fasteners. These fasteners are used in engineering systems. The overall fasteners market is estimated at about Rs 28 bn. While the organized sector (HT fasteners) has a share of 65%, the balance of 35% is shared by unorganized sector and imports. In fact there is no assembly complete without fasteners. The automotive industry is the largest end-user of fasteners with the remaining demand coming from sectors like textile machinery, railway locomotives, construction, computer hardware and general engineering. Industrial fasteners, accounting for 40% of the total demand, are more oriented towards the retail markets. Original Equipment Manufacturer (OEM) segment is mainly dominated by organized players due to high intensity of capital and technology. As the sectors mentioned above use fasteners extensively and there is a vast replacement market spread across the country, hence the scope of venturing to this sector is highly promising. Thus, as an entrepreneur this project offers an exciting opportunity to you…..Read more
Woven is a method by many threads or tapes woven in two directions (warp and weft), to form a fabric for plastic industry needs. In the plastic woven industry, with a plastic film is drawn into filaments, woven into fabric/sheet/cloth. Woven polypropylene is a great fabric to print on and can be choose normal easy printing such as simple brand text and image with three colors, also full color printing with BOPP lamination. HDPE/PP Woven Fabrics are used in various end applications like Grain & Pulses Bags, Foods & Spices Bags, Animal Food Bags and Fertilizers& Chemical Bags etc. Woven fabric is a textile formed by weaving. It is produced on a loom, and made of many threads woven on a warp and a weft. As use of technical textiles is dictated by need, its pricing normally offers good margins.
Flexible Intermediate Bulk Containers (FIBC's): The FIBC is a large bag made of woven polypropylene (PP) fabric that is usually extrusion coated to provide additional barrier and leak-proofness. The bag is constructed by stitching the bag and adding accessories like handles or straps/loops to facilitate mechanized handling. Indian FIBC industry is estimated to be about 125,000 MT per year valued at some Rs. 1,350 crores. It has registered a compounded annual growth rate of 15-20 percent over the last 10 years. The demand is growing at around 16-17% YoY for the last three years. Forecasts indicate that this demand in India is likely to increase and reach around 1.5 Mil tones by 2013-14. As a whole entrepreneur can venture in this field will be successful…….Read more
NPK Compound Fertilizer (Granular Type)
Fertilizers are soil amendments applied to promote plant growth, the main nutrients added in fertilizer are nitrogen, phosphorus, potassium and other nutrients are added in smaller amounts. Collectively, the main nutrients vital to plants by weight are called macronutrients, including: nitrogen (N), phosphorus (P), and potassium (K) (i.e. N- P-K). NPK ratings consist of three numbers separated by dashes (e.g., 10-10-10 or 16-4-8) describing the chemical content of fertilizers. The first number represents the percentage of nitrogen in the product; the second number, P2O5 the third, K2O. Fertilizers do not actually contain P2O5 or K2O, but the system is a conventional shorthand for the amount of the phosphorus (P) or potassium (K) in a fertilizer. A 50-pound (23 kg) bag of fertilizer labeled 16-4-8 contains 8 lb (3.6 kg) of nitrogen (16% of the 50 pounds), an amount of phosphorus equivalent to that in 2 pounds of P2O5 (4% of 50 pounds), and 4 pounds of K2O (8% of 50 pounds). Compound fertilizers are N-P-K fertilizers with other elements purposely intermixed.
Fertilizers are classified according to the content of these three elements. Labeling is according to relative amounts of each of the three elements by weight (i.e., mass fraction).
The development of the agriculture sector and improvement of the living standards of small-scale farmers are priorities of the Government of Malaysia. A higher level of agricultural production requires an increased and/or more efficient use of inputs, especially fertilizers. The main sources of imported urea were from Indonesia (54.5% valued at RM 286.1 million), China (21.0% valued at RM110.2 million). Urea export by Malaysia, has been trending upward since 2004 (RM492.0 million) to 2008 (RM 900.0 million). The major importing countries of Malaysian urea in 2008 were 8 Thailand (32.5%), Australia (26.8%), Japan (13.5%), India (14.0%) and the Philippines (6.0%). The global trade in NPKs grew from 13mn t in 2010 to16mn t in 2016.Russia has continued to increase export capacity, Moroccan NPK exports leapt from 74kt in 2013 to 840kt by 2016,Belarus NPK exports have also grown strongly from around 250kt in 2009/10 to 800kt in 2016……..Read more
Battery Operated Ride on Car for Kids
A toy is an item that is used in play, especially one designed for such use. Playing with toys can be an enjoyable means of training young children for life in society. Different materials like wood, clay, paper, and plastic are used to make toys. The origin of toys is prehistoric; dolls representing infants, animals, and soldiers, as well as representations of tools used by adults are readily found at archaeological sites. The origin of the word "toy" is unknown, but it is believed that it was first used in the 14th century. Toys are mainly made for children. The oldest known doll toy is thought to be 4,000 years old. In recent years many toys have become more complicated with flashing lights and sounds in an effort to appeal to children raised around television and the internet. Popular models to be made include cars, spaceships and houses. Battery-powered ride-on cars have enjoyed popularity since their appearance in the middle of the 20th century. Many new tech toys have appeared since then, but none that can replace the ride-on car with an electric engine. Becoming more sophisticated over the years, they have improved in safety and features. Battery capacity and motor power are two closely related aspects. Standard ride-on car batteries have a 6- or a 12-volt battery. The former features in less powerful cars, which are well-suited for younger children. Children below the age of four should only play with 6-volt battery ride-on cars. Older children can handle a 12-volt battery ride-on car or more.
The largest group of consumers in the Indian toy industry is the pre- teenagers in the age between 7 and 12. Indian consumers are really price-sensitive and tend to buy impulse- driven. Because of that, toys with a low price point up to 199 INR (3.30 USD) account for the majority of sales with 46 % share. Independent small neighborhood retail stores are among the favorite stores for Indians to shop. The data also shows that the imports of toys in India is expected to reach a level of approx Rs 2000 crores during year 2013-14 thereby increasing @21 percent from 2012-13. The export of toys from India is quite low; of the order of approximately Rs 250- 300 crores per annum only and mainly educational toys are being exported to USA, UK and UAE etc.
The Indian fast-moving consumer goods (FMCG) companies have performed better than their multinational peers as the combined revenue of country's seven leading FMCG companies stood at US$ 11.1 billion in FY 2015-16. The electronics market of India is one of the largest in the world and is anticipated to reach USD 400 billion by 2020. Thus, due to demand it is best to invest in this project……Read more
Furfural from Bagasse and Corncobs
Furfural is produced from agricultural waste biomass that contain pentosans, which are aldose to sugars, composed of small rings formed from short five-member chains, that constitute a class of complex carbohydrates, present in cellulose of many woody plants such as corn cobs, sugar cane bagasse, rice, wheat bran, sawdust and oat hulls etc. Furfural is a clear, colorless motile liquid with a characteristic ‘almond-Benz aldehyde’ odor and it is an aldehyde of furan. Any material containing pentosans can be used for the production of furfural. Technically furfural is produced by acid hydrolysis of the pentosan contained in woody biomass. Furfural is the only organic compound derived from biomass that can replace the crude oil based organics used in industry. Furfural can be used for the production of lubricants; specialist adhesives and plastics; and nylons. It is the starting material for cycling shorts. The rapid furfural test is a chemical test used to distinguish between glucose and fructose. The rapid furfural test is similar to Molisch's test but uses concentrated hydrochloric acid instead of concentrated sulfuric acid and the solution is boiled.
The global furfural market was valued at US$1.3 bn by 2013,US$450 million in 2014,$663.5 million in 2015 and In 2016, the market was valued USD 557.4 Million in terms of revenue. By Regions, 2017-2025” is expected to reach USD 1393.9 Million by 2025 in terms of revenue. In terms of volume, is estimated to reach by 464.5 Kiloton in 2016, $1,434.1 million by 2022 and expected to reach $1184.8 Kilo ton by 2025 and registering a CAGR of 11.6% during the forecast period. The Furfural market is expected to grow at a high rate during 2017 to 2025. As a whole you can invest in this project without risk and earn profit……Read more
A transformer is a device that transfers electrical energy from one circuit to another through inductively coupled conductors—the transformer's coils. A varying current in the first or primary winding creates a varying magnetic flux in the transformer's core and thus a varying magnetic field through the secondary winding. This varying magnetic field induces a varying electromotive force (EMF), or "voltage", in the secondary winding.
This effect is called inductive. Transformers range in size from a thumbnail-sized coupling transformer hidden inside a stage microphone to huge units weighing hundreds of tons used to interconnect portions of power grids. A transformer is a device for transferring energy in a system from one circuit to another. It consists of two independent electric circuits linked with a common magnetic circuit. This energy at low voltage may be transformed to energy at high voltage, or vice versa. In the like manner, current of a given value in one circuit may be transformed into current of another value in a different circuit. Transformers having more than one primary or secondary winding etc.
Power transformers are devices that facilitate transfer of power between electrical networks of different voltages. The global power transformers market was estimated to be 11,352 units in 2013 and is expected to reach 16,994 units by 2020, at a CAGR of 5.9% from 2014 to 2020. In terms of revenue, the market is expected to grow from USD 18.55 billion in 2013 to USD 28.22 billion in 2020 at a CAGR of 6.2% from 2014 to 2020. India is known to be an active supplier of transformers to nations worldwide. According to recently published TechSci Research report "India Power and Distribution Transformers Market Forecast and Opportunities, 2020" the market for power and distribution transformers in India is projected to grow at a CAGR of 10.5% during 2015-20. Transformer Market in India had estimated that over 400 GVA of transformer capacity out of the total installed capacity of 1040 GVA would require repair/retrofit/ replacement (as of 2012) and the number is slated to increase to 1548 GVA by 2020 out of estimated installed base of 1548 GVA. Entrepreneurs who invest in this project will be successful……..Read more
A pencil is a writing instrument or art medium constructed of a narrow, solid pigment core inside a protective casing which prevents the core from being broken and/or from leaving marks on the user’s hand during use. Most pencil cores are made of graphite mixed with a clay binder which leaves grey or black marks that can be easily erased. Polymer graphite's superior mechanical property allows for a wide variety of sizes for mechanical pencils, 0.3mm, 0.5mm, 0.7mm, and 0.9mm being commonly available. Graphite pencils are used for both writing and drawing and result in durable markings. According to the different grades, there is a variety of HB, B, 2B, 3B, 4B, 5B, 6B, 7B, 8B, 9B, and 10B. Writing, drawing, sketching, coloring and shading is the basic applications of the wooden pencil.
The market for writing instruments in India is estimated at 1600 to 2400 million pieces a year. The total market for writing instruments is estimated at Rs 22 billion in value and is growing at around 8 to 10% annually. Major Indian players in the ballpoint pen market are Cello, Lexi, Reynolds, Luxor, Flair, Montex, Todays, Linc and so on. Out of these, Cello, Lexi and Reynolds have a major share of the market. There is a growing demand of polymer pencil in the market. The products find application in schools, colleges, government offices, commercial establishments, NGOs and miscellaneous activities. According to the type of carbon used, pencils are classified as soft, medium and hard. There is no doubt about the acceptability of the product and lead pencils still command a respectful demand. The product has a good export potential also. Thus, as an entrepreneur this project offers an exciting opportunity to you…….Read more
Herbal Body Care Beauty Products
(Herbal Body Wash, Shampoo, Hair Conditioners, Soaps, Lotions and Scrubs)
Natural skin care uses topical creams and lotions made of ingredients available in nature. Much of the recent literature reviews plant-derived ingredients, which may include herbs, roots, flowers and essential oils, but natural substances in skin care products include animal-derived products such as beeswax, and minerals. The herbal bathing powder is full of natural products. It can be used as a scrub as well as an exfoliator. On regular use, it helps to get rid of facial hair. Cost-effective the ingredients used in this herbal shampoo are very pocket friendly when it comes to price to prepare a bottle of this shampoo. Easily Available All ingredients used in this herbal shampoo are easily available in the market. Hair conditioner is a hair care product that changes the texture and appearance of hair. Hair conditioner is often a viscous liquid that is applied and massaged into the hair. Hair conditioner is usually used after washing the hair with shampoo. Herbal natural soap ingredients are an easy and inexpensive way to add color and texture to soaps. Additives like Annatto, Alkanet, Comfrey, Indigo, Rattan jot and Silk make soap making feel a little more exotic.
Indian consumers are more inclined towards natural and herbal cosmetic products. The herbal cosmetics industry is expected to grow at a rate of 12% in India. According to a recent report by Research and Markets named “India Cosmetic Market Overview” (November 2016), the country’s cosmetic market was growing with a CAGR of 17.06% over a period of five years. In 2016, the market size of India’s beauty, cosmetic and grooming market was USD6.5 billion and is expected to reach USD20 billion by 2025, according to a report by Assocham (2016). The report also indicates that the workforce requirement will grow to 12.1 million in 2022 from that of 3.4 million in 2013. Herbal skin market has increased from INR ~ million in FY’2011 to INR ~ Million in FY’2016. Herbal skin market is dominated by herbal face wash market with the market share of ~% in FY’2016. We actively encourage a culture of innovation, which facilitates the development of new technologies and ensure a high quality product…..Read more
Market Survey Cum Detailed Techno Economic Feasibility Report on above projects can be had from NPCS
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Our New Releases:
1. The Complete Book on Tomato & Tomato Products Manufacturing (Cultivation & Processing)
3. Herbal Cosmetics Handbook (3rd Revised Edition)
4. The Complete Book on Beekeeping and Honey Processing (2nd Revised Edition)
6. Best Businesses You Can Start with Low Cost
9. Start-Up Projects for Entrepreneurs: 50 Highly Profitable Small & Medium Industries
10.Modern Technology of Textile Dyes & Pigments (2nd Revised Edition)
12.The Complete Technology Book on Asbestos, Cement, Ceramics and Limestone
13.Handbook on Coal, Lignin, Wood and Rosin Processing
17.The Complete Book on Cultivation and Manufacture of Tea (2nd Revised Edition)
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20.Manufacture of Value Added Products from Rice Husk (Hull) and Rice Husk Ash (RHA) |
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23.The Complete Book on Non-Ferrous and Precious Metals with Electroplating Chemicals |
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