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Projects for Small and Medium Enterprises (SME). Profitable Manufacturing Business Ideas to Start. Small Scale Industry. Business Ideas To Make Money.

Gone are the days when every graduate from a university or college was sure of getting employment. Rates of unemployment rates are on the rise in most countries across the globe. If you are still looking for a white-color job, you had better think twice.

As the world population grows at an exponential rate, the demand for goods and services grows too. There will hardly come a time when there will be more than enough food for the world market. Neither will there be a time when everyone will have enough clothes that he will not need to buy anymore.

There will always be diseases and sicknesses. I do not think there will ever come a time when there will be no more need to manufacture or sell drugs.

Self-employment allows you to put your skills and knowledge into more profitable business ideas to earn a decent living.

 In this article, I will show how you can start your own small manufacturing business. Here are the topics I will cover in this article.

  • How to start a profitable manufacturing business
  • How to build a small scale industry business plan
  • Project report on small scale industries
  • List of business ideas to make money

How to Start a Profitable Manufacturing Business?

Whenever you think of starting a business, the first thing that often comes to your mind is to start a merchant shop or store. Look around your neighborhood; you will notice there are more than enough shopping malls and retail shops.

Probably, it is time you thought of starting a small manufacturing business. You might think this is beyond your financial ability, but it is not. There are many small manufacturing ideas you can start with minimal input and grow it into the list of top manufacturing companies.

Here are some tips that will be helpful if you are keen on starting a manufacturing business.

1. Do a Market Survey to understand the Current Industry Trends

You need to identify the top manufacturing companies and the gaps either in manufacturing or in the market. The market review helps you identify the ideal, most profitable manufacturing business to start.

2. Identify your ideal Business Site

Ask yourself:

  • Where to set up your manufacturing plant.
  • Where you intend to sell your manufactured products.

3. Make a Management Plan

Small newly established manufacturing companies may not have the luxury to hire personnel in these positions. It would help if you had an alternative plan for these services.

4. Start with the Minimal Investment

You do not need a considerable sum of money to start. Lease some equipment and machinery instead of buying. Alternatively, you might buy older machines to begin with.

5. Work with Existing Manufacturers

You can negotiate for a partnership with the fastest-growing manufacturing companies. They help you create your brand and penetrate the market.

How to Build a Small-Scale Industry Business Plan?

If you understand what a business plan entails, it becomes easier for you to make one. You may need to consider the following ideas when building a manufacturing business plan.

1. Convert your small manufacturing business idea into a business concept. Know what you want to manufacture and how you will build it. It would help if you also considered the market potential for your industry.

2. Carry out a market survey to get a glimpse of market dynamics. This information helps you when you sit down to write a business plan. Identify the level of competition and the possible entry points in the market.

3. Review the financial implications of your investment. Make some cash flow projections and an overview of your balance sheet. You also need some estimate on when the industry is likely to break even.

Project Report on Small-Scale Industries

If at all, you are contemplating a small-scale industry, one of the necessary documents you need is a project report.

What is a project report?

An industry analysis project report is a fundamental analysis of a particular industry and its key players. A project report is usually part of a small-scale industry business plan.

Does a Small-Scale Industry need a Project Report?

The answer to this question is an emphatic yes. Your small-scale industry will be venturing into a business niche that others have entered before. It is a project report that will guide you in developing strategies on how to become the best small manufacturing business in an already competitive market.

Key components of a project report on small-scale industries

1. Description of the Industry

This should include the history, size, products, and geographical limitations of the industry. It also should feature the present platers in your niche and the gaps in the market.

2. Market analysis

Look at the current industry behavior in terms of productivity, technologies, and drivers of present and future competition.

3. Consumer demographics

To become the best manufacturing business, you need to find favor with your clients. Therefore, it is essential to understand your potential customers regarding their age, socioeconomic status, and purchasing behavior.

4. Future strategies

Lastly, a project report outlines future strategies to ensure the business's survival amid both expected and unexpected challenges.

List of Business Ideas to Make Money

You might have a plan to start your own small-scale business, but you have no idea what type of business to do. You can find numerous internet sites with a list of profitable manufacturing business ideas. There is, however, no single business idea that is fit-for-all.

In the next few paragraphs, I will show you how to develop your list of manufacturing business ideas that can work for you.

Step 1: Review your strong points

There are things you are strong in as well as things in which you are weak. You can either produce or sell a product or a service that works well with your strong points and has good returns. 

Step 2: Choose between Products and Services

If you prefer products to services, you again need to decide whether you want to start a manufacturing firm or a product retail firm. You will need to consider financial implications, human resource requirements, and market dynamics on deciding between product and service industries.

Step 3: Find a Gap

Do some industry analysis and identify a need in the industry that can serve as a doorway for entry. An example of a gap could be consumer dissatisfaction, an imbalance between demand and supply, or unavailability of a product or service in the market.

Step 4: Focus on the Future

Look at the current market trends and make predictions of future dynamics. Develop strategies that will sustain you over the next several decades.

 

 

Reasons for buying our reports:

This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, market potential of the product and reasons for investing in the product

This report provides vital information on the product like its characteristics and segmentation

This report helps you market and place the product correctly by identifying the target customer group of the product 

This report helps you understand the viability of the project by disclosing details like machinery required, project costs and snapshot of other project financials

The report provides a glimpse of government regulations applicable on the industry

The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decisions.

 

Our Approach:

Our research reports broadly cover Indian markets, present analysis, outlook and forecast for a period of five years.

The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players

We use reliable sources of information and databases. And information from such sources is processed by us and included in the report

 

We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.

Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.

We can modify the project capacity and project cost as per your requirement.
We can also prepare project report on any subject as per your requirement.

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Candle Making Unit - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Since long people used to burn cotton in mud cups filled with oil. But candle manufacture started during World War-II. The candle is being used in every village and city in India. Moreover, in village where electricity is not available, candle is largely used in the darks. Candles play great importance and are used largely on festivals like Dipawali and X-Mas. Candles are manufactured of varying size, design and colours and there is no universal size for it. Due to very less capital investment and good profit and also due to high sale of candles, scope of candle industry in very good. These candles are generally manufactured on small scale. It also has a good export market.
Plant capacity: 500 Kgs/DayPlant & machinery: Rs. 9 Lakhs
Working capital: Rs. 24.0 LakhsT.C.I: Rs. 42 Lakhs
Return: 58.35%Break even: 37.41%
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Steel Structure Unit - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

The importance of iron and steel among other materials is well known for industrialization and national economy. Basically all industries depend on iron & steel for their structural, machinery & raw material requirements. Metal fabrication is the group of entire process employed to shape the metals into the desired from by melting & costing down to hot & cold working, joining by welding, brazing, soldering or riveting, bolt fastening & similar other processes. Defence, SEBS (power), public works & irrigation, railways coal sector, petroleum oil, heavy industries, all large, medium/SSI Industries consume iron & steel in a great quantity for their capital equipments, industrial/comercial/residential building structures and raw material requirements. The raw materials for fabrication units are well known steel section, girders, plates, wires & hard ware etc. These raw materials are available through indigenous source with indication production.
Plant capacity: 1.67 MT/dayPlant & machinery: 47 Lakhs
Working capital: -T.C.I: 142 Lakhs
Return: 23.86%Break even: 59.82%
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Tube Making for Umbrella - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

There required large amount of hot rolled or cold rolled coils and strips for manufacturing of steel tubes. One of the major use of this tube is for making umbrella tube. A fair market for umbrella is available in India. Therefore, the consequent demand of umbrella tubes is also very satisfactory. Very little environment pollution problem can be arised which can be controlled by proper treatment. As a whole umbrella tube making is profitable one in small scale industrial items. There is no import of this product but has potential for export. As a whole, this project is good and any new entrepreneur may enter in this sector.
Plant capacity: 400 Kgs /DayPlant & machinery: Rs. 7 Lakhs
Working capital: Rs. 15 LakhsT.C.I: Rs. 41 Lakhs
Return: 45.54%Break even: 47.81%
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Piston for Internal Combustion Engines - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Piston is one of the most important item in the automobile industries. There are mostly disc like structure of the piston. Now a days piston are make of cast iron or by aluminium in presence of 10% sand in it. There is a vast demand of piston and it is directly related to the two-wheeler production. There is a market demand of piston increases 8-10% per annum.There is good technologist available in India. The environmental pollution caused by this industry can be checked by controlled process. Manufacturing of automobile two-wheeler piston?s is good items for the new entrepreneur.
Plant capacity: 450 Nos. Two-Wheeler PistonPlant & machinery: Rs. 24 Lakhs
Working capital: Rs. 61 LakhsT.C.I: Rs. 2 Crores
Return: 45.00%Break even: 72.00%
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Enameled Copper Wire - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Enameled wire is an insulated wire used in winding of armatures in transformers, switch gears and other electrical equipments. When connected to the main supply a magnetic field is developed around the enameled wire coil and it helps to the conversion of electrical energy into mechanical energy as case of motors. With the industrial development and power generation its demand is growing very fast. At present the finer gauges are being imported therefore there is scope for import substitute as well as for export to USA, Australia, Europe and far East. The demand of enameled copper wires is increasing tremendously due to its large consumption of end users industries. You can invest in this project.
Plant capacity: 500 Kgs/DayPlant & machinery: Rs. 22 Lakhs
Working capital: Rs. 52.0 LakhsT.C.I: Rs. 114 Lakhs
Return: 37.43%Break even: 46.95%
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Disposable Plastic Syringes - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Disposable syringes are a great innovation in the field of medical equipment. They are used for inframuscular and intravenous injections and are disposed off immediately after usage. The major advantages of using disposable syringes is that no infection is transmitted since the injection is disposed off immediately after use. With the replacement of traditional glass syringes by disposable syringes for convenience, safety, the demand for plastic disposable syringes is growing at very fast rate. Due to the fear of AIDS and other infections it is now have become a common practice to use sterilized disposable plastic syringes. Besides growing market in our own country there is great potential for the export to near by countries.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 36.56%Break even: 50.60%
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Thermoforming Plant for Manufacturing of Disposable Glass - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Plant Layout

Thermoforming Plant for Manufacturing of Disposable Glass, Bowls & Plates Use P.S.Cost film, thermoforming film and sheet are manufactured continuously on extrusion lines with short dies. Depending on the thickness and subsequent conversion process, the plastic products are wound in web form or stacked in thermoforming film or sheet. Thermoforming films are chiefly manufactured on extrusion lines especially developed for the purpose. For that, two different plant systems are used - Off-line production and In-line production. The demand for those films with improved properties has lately increased. Thermoforming cups, dishes and plates are most useful in the all sphere of domestic life. It is also used to take food material instantly. It is largely used in hotels, dhaba, restaurant and the other sellers who sell their product instantly. Nowadays it has very good market demand. It has a good scope for new entrepreneur.
Plant capacity: 32000 Nos/DayPlant & machinery: Rs. 53 Lakhs
Working capital: -T.C.I: Rs. 116 Lakhs
Return: 12.40%Break even: 74.13%
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Wooden Furniture - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Layout

The furniture making is an ancient art in India before centuries. The expertise of India in manufacturing furniture was accepted by all the parts of the world. Wooden furniture is made in cottage and house holds industries. It is also made in small to large scale sectors. However, it is labour intensive industry and therefore has developed more in small and cottage sector than organized sector. The industry at present is concentrated much in the states of Tamil Nadu, Madhya Pradesh, Kerala, Maharashtra, West Bengal, Andhra Pradesh, U.P. and Gujarat. Wooden furniture provides very good domestic as well as export market scope subject to various designs it can be innovated and the price stability can maintain.??
Plant capacity: 20 Pcs/DayPlant & machinery: Rs. 4 Lakhs
Working capital: Rs. 5 LakhsT.C.I: Rs. 13 Lakhs
Return: 111.00%Break even: 26.99%
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Hard Board from Bagasse - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Soft and hard board, which are the basic among the paper boards, is used for wide range of purposes like folding boxes, backboard, for flat files, for making registers etc. These boards can be produced from any waste material like rice straw, waste paper, jute waste, coir dust etc. The board can also be manufactured from bagasse which is available from the sugar industries. There is high demand for straw board, cardboard, mill board and solid fibre boards in the country. Hard fibre board prepared from bagasse are light in weight and is not easily breakable. Major proportion of the demand for boards is required by the packaging industry; for flat files in government offices, for book-binding, making shoe boxes and sale of textile goods etc. Bagasse is a waste product from the sugar industry and its conversion into paper, fibre board etc has strengthened the economy of the country. Setting up of such a unit will result in the profitable use of agricultural waste, giving employment to local people and bringing in huge profits. Such units can be established on a competitive basis to large scale units.
Plant capacity: 5 Ton/DayPlant & machinery: Rs. 25 Lakhs
Working capital: Rs. 27 LakhsT.C.I: Rs. 143 Lakhs
Return: 70.88%Break even: 35.11%
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Wooden Furniture (With Mediocre Automation) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

The term wooden furniture is used for articles of daily use in dwelling house, place of business, public buildings, and includes items such as chairs, tables, beds, safes, sofa sets, almirahs, cabinates etc. are made of wood. The furniture making is an ancient art in India before centuries, the expertise of India in manufacturing furniture was accepted by all the parts of the world. This type of industries are mostly free from pollution. Market demand of wooden articles are gradually increases, but there is short supply because of non-availability of proper woods, Wooden furniture is always enjoy a ready market and selling quality furniture with elegant get up trends an easy access to the consumer market. There is bright scope of export of wooden furniture. Any new entrepreneur may enter in this industry.
Plant capacity: 20 Articles/DayPlant & machinery: Rs. 13 Lacs
Working capital: Rs. 28.0 LacsT.C.I: Rs. 73 Lacs
Return: 42.81%Break even: 48.28%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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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 Selection 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.

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