15 Selected Projects for New Entrepreneurs. Best Industries for Starting a Business

Today, millions of people desire to start their own business, leaving the traditional 9 to 5 job. There are various manufacturing business ideas across the world where one can start. In this section, we would provide some top and best manufacturing business ideas which can be started with low and medium investment and that can yield high profits. This includes new manufacturing business ideas with medium investment in India.

 

Self-Employment Ideas you can start a Business with Small and Medium Investment:

Zari Yarn

Zari (or Jari) is an even thread traditionally made of fine gold or silver used in traditional Indian, and Pakistani garments, especially as brocade in saris etc. This thread is woven into fabrics, primarily made of silk to create intricate patterns. It is believed this tradition started during the Mughal era and the Surat pot being linked to the Haj pilgrims and Indians was a major factor for introducing this craft in India. During the Vedic ages, zari was associated with the grand attired of Gods, kings and literary figures. Today, in most fabrics, zari is not made of real gold and silver, but has cotton or polyester yarn at its core, wrapped by golden/silver metallic yarn.

Zari is the main material in most silk sarees and gharara. It is also used in other garments made of silk, like skirts, tops and veshtis.

Zari is traditionally used to embellish saris and dress materials. It is either woven with the fabric or can be used as a patch work separately (this is referred to as zardosi work).

Zari is a small sector, but it employs a large number of artisans and workers.Zari (golden thread) embroidery work used for the embellishment of fabrics has found admirers in overseas markets, as its export has risen significantly of late.Bareilly, one of the main centres of zari work, is attracting huge export opportunities, hovering around two billion Indian rupees annually.

The growth of the business can also be attributed to the widespread presence of the Indian diaspora that has been on the upsurge globally.

Dehydration of Grapes

Grapes are a great source of vitamins A, C and K before they become raisins BUT when they ARE raisins, they have more Choline, Niacin, Folate, and Betaine, with higher trace amounts of Thiamin, and Riboflavin!Dried grapes are the dried, ripe fruit of the grapevine (VitisVinifera).

Grapes are one of the world’s most commonly produced fruit crops, with approximately 75 million tonnes produced eachyear. It is also one of the most abundant fruits: while almost 50%of grapes are used to make wine, one third is consumed as freshfruit and the rest is dried, consumed as grape juice or stored inthe form of grape musts (whether concentrated or not).

The Dried Fruit refers to the fruit which the original water has been removed, usually through the sun drying or the drying machine.

The revenue generated from Dried Fruits has been estimated to be valued over US$ 43.54 Bn in 2018, which is projected to increase at a CAGR of 5.7% during the forecast period (2018-2026).

Rising global urban population and per capita income are factors responsible for the boost in demand for industry products such as fruit snacks and cereals. Demand for dried fruits from food manufacturers, such as confectionery and bakery, as well as dairy companies is increasing all over the world, as these buyers purchase processed fruit products from industry operators for utilization of fruits in their manufacturing processes.

By Product Type, the global dried fruits market is segmented as Raisins (Dried Grapes), Tropical and Exotic Fruits, Berries and Other Fruits. The Raisins (Dried Grapes) are further includes Natural Seedless, Golden Seedless, Black Currant, Raisin Mix and Others (Sultana, Muscat, Monukka, Other Seedless). The Tropical and Exotic Fruits segment includes Table Dates, Prunes, Dried Figs, Dried Apricots and Other Tropical and Exotic Fruits (Apple, Mango, Papaya, Pineapple, Banana, and Citrus).

The European Union is the largest importer of dried grapes in the world, with amarket share of more than 50% of the world imports. Also dried grapes are the mostimportant dried fruit in the European market, representing 40% of all dried fruitimports. Nearly 70% of all European imports of dried grapes are from DevelopingCountries.

Garden Pipe & Delivery Pipes

Garden Pipe is widely used in for water supply in gardening, steel mills and engineering works and in irrigation projects. To ensure its flawlessness it is tested by the quality experts against various parameters.

Delivery pipe is also known as the name of Delivery hose pipe. Widely used in water pump connections, concealed wiring on aircrafts, buses, railway coaches, residential and commercial buildings, traffic signal connections, house meter connection and various applications.

The future of the water pipe market looks good with opportunities in the potable water pipe, wastewater pipe, and irrigation pipe applications. The global water pipe market is forecast to grow at a CAGR of 5% from 2016 to 2021. The major growth drivers for this market are increasing investment in water and replacement of aging pipelines.

Calcined Lime, Lime Calcination

Lime is one of the most widely used and cheapest alkalizing agents employed worldwide.Limestone is one of the most basic raw materials employed in the steel industry and is used both in iron making and steel making processes. Lime (CaO) is one of the oldest chemicals known to man and the process of lime production is one of the oldest chemical industries.

Calcium oxide (CaO) is lime, which is produced through calcination of limestone including calcined limestone, ground limestone and hydrated limestone. Production of lime is a complex industrial process and delivers two product forms quicklime and hydrated lime.

Lime is an important element in civil engineering and construction materials. In chemical industry, lime is used as chemical reagent in the production of various chemicals. It is extensively used in the metallurgical industry and in numerous other downstream manufacturing industries including glass, and paper and pulp among others. Increase in usage of lime in the production of precipitated calcium carbonate is expected to drive the lime market during the forecast period. According to the research report, the global lime market was valued at US$44.84 bn in 2015 and is expected to be worth US$76.48 bn by the end of 2024. During the forecast period of 2016 and 2024, the global market is expected to surge at a CAGR of 6.2%.

Calcined Lime is widely used by almost every Chemical and Process Industry including Fertilizers, Food Nutrients, Chemical, Paper & Pulp, Metallurgical, Oil Refinery, etc. in one or other form. Besides this, it is also used in waste water treatment operations.

Hosiery Products (Vest, Briefs, T-Shirts & Socks)

Hosiery also referred to as leg wear, describes the garments, worn directly on the feet and legs. The term hosiery is also being used for the type of knitted fabric, its weight and thickness. It is manufactured in a wide range of fabric weights, knits and colors. In general, heavier weight fabrics are stronger and more durable, but are thicker and show less of the natural skin tone. On the other hand, lighter garments look and feel more luxurious but are not strong as compared to the heavier ones. The hosiery includes categories such as sheers, support hosiery, control tops, opaques, tights, stay-ups, stockings, maternity pantyhose and run-resistant garments.

The growth of the global hosiery market is driven by the robust demand for comfortable and stylish hosiery among the consumers. Changing lifestyles and demographic factors are bringing changes in demand patterns for hosiery. Further, the global demand for hosiery is increasing due to the increasing employment rate across various countries in the world. Further, rising disposable income is expected to intensify the growth of the global hosiery market. Moreover, rapid urbanization is anticipated to positively impact the growth of the hosiery market.

Rising personal disposable income along with changing lifestyle is anticipated to expand the growth of global hosiery market during the forecast period. Apart from this, propagation of modern retail formats such as supermarkets, discount stores, and pharmacy stores is resulting in increasing product visibility. This enables easier accessibility to clothing products such as hosiery to consumers. The increasing sales from online commerce sector is fuelling the growth of global hosiery market as it saves the time of buyers and offer various discounts on the products. Thus, the online store is expected to be the fastest growing segment which is anticipated to expand the growth of global hosiery market over the forecast period.

The global hosiery market is expected to witness a steady growth attributed to considerable demand in the healthcare and fitness industry. Consumption of hosiery products is expected to remain high among women in terms of demography. Socks is predicted to witness significant demand in the global market as compared to other products.

Increasing spending on fashion products coupled with growth in disposable income of consumer is anticipated to drive the demand for the hosiery market during the forecast period. Furthermore, in developing economies, rising preference towards western outfits resulting in higher spending on fashion clothing is in turn projected to drive the demand for hosiery products over the forecast period. Beside this, increasing population across the globe is also projected to drive the demand for hosiery products.

Low Cost Airlines

An airline is a company that provides air transport services for traveling passengers and freight. Airlines utilize aircraft to supply these services and may form partnerships or alliances with other airlines for code share agreements. Generally, airline companies are recognized with an air operating certificate or license issued by a governmental aviation body.

A low-cost carrier or low-cost airline (also known as no-frills, discount or budget carrier or airline, or LCC) is an airline without most of the traditional services provided in the fare, resulting in lower fares and fewer comforts. To make up for revenue lost in decreased ticket prices, the airline may charge for extras such as food, priority boarding, seat allocating, and baggage.

The low-cost model focuses on business and operational practices that reduce airline costs. That means using secondary airports (with lower taxes), offering no frills on the flight and charging for services like seat reservation and checked-in baggage.

Low-cost carriers (LCCs) have gradually evolved to become a popular alternative to full-service airlines over the last 10-15 years, where price has become a critical factor in determining the carriers. Low-cost carriers (LCC) have become a popular alternative to traditional scheduled airlines over the last two decades.

The growth of the market is attributed to the rise in economic activity, ease of travel, travel & tourism industry, urbanization, changes in lifestyle, consumers’ preference for low cost service along with non-stops, and frequent service, increase in purchasing power of middle class households especially in the developing regions, and high internet penetration coupled with e-literacy.

Low cost airlines have grown exponentially worldwide over the past few years, owing to rise in economic activity, ease of travel, travel & tourism industry, urbanization, changes in lifestyle, consumer’s preference for low cost service along with non-stops, and frequent service, increase in purchasing power of middle class households especially in the developing regions, and high internet penetration coupled with e-literacy. However, factors such as volatile crude oil price and increase in terrorism & crime rate, political uncertainty, & natural calamities hinder the market growth. Conversely, sustainable airport governance, operational & financial improvement is anticipated to leverage the growth of the low cost airlines market. Nevertheless, factors such as high investment & operational cost but low profitability is anticipated to be a major challenge of the low cost airlines industry.

The global low cost airlines market is segmented based on purpose, destination, and distribution channel. By purpose, the market is divided into leisure travel, VFR, business travel, and others. By destination, it is bifurcated into domestic and international. Based on distribution channel, the market is classified into online, travel agency, and others.

Newspaper Printing

Newspaper, publication usually issued daily, weekly, or at other regular times that provides news, views, features, and other information of public interest and that often carries advertising.

India has a growing and constantly changing newspaper market, with daily circulation up from 150 million, it is expected to continue to rise in the coming years.India’s Newspaper Industry has been rising since so many years and this is why a lot of motivated individuals tend to indulge in these kind of businesses be it newspaper, magazine etc. In India, as per a report, there are more than 82,000 newspapers in publication. And now this number seems to grow year by year. Publishing Industry has always been a lucrative option for a number of aspiring beings across India.

India has more daily newspaper than any other nation and out of world’s 100 largest newspapers 20 are Indian. The demand of newsprint in India is expected to grow at a rate of 9% and India’s paper consumption is expected to increase to three million tons in 2015-16.

Liquid Sodium Silicate from Caustic Soda & Sand

Liquid Sodium Silicate is a major compound used for formulating chemicals like silicate gel and precipitated silica. Apart from this, Sodium Silicate Liquid has an extensive usage in ceramic industry, paper industry, detergent industry as well as electrodes manufacturing companies.

Liquid sodium silicates are manufactured in various molar ratios. Molar ratios (MR) define the ratio of SiO2 versus Na2O in the substance. The higher the molor ratio, the less sodium ions are present in the silica network and consequently the less alkaline the silicates are. Therefore, classification and labeling depends on the molor ratio (cfr. MSDS). Varying the ratio of SiO2 to Na2O and the solids content results in solutions with differing properties.

The Liquid Sodium Silicate is a non-hazardous chemical which is used in many applications worldwide. The essential and diversified applications are churning out increasing demand for liquid sodium silicate. The liquid sodium silicate has several important unique properties which are not shared by other alkaline salts. Such valuable properties along with their low-cost results in their usage in several applications in diverse industries. The liquid sodium silicate is used in various industries as detergents, adhesives, binders, cement, ingredients in cleaning compounds, different coatings, anticorrosive, deflocculates, catalyst bases, chemicals, etc. The unique properties and functional characteristics of liquid sodium silicate can be used to resolve many problems arising in chemical and industrial processes efficiently and economically.

Increasing concern towards environment in the country are likely to compel manufacturers to use bio-based products such as rice husk. Abundant availability of the rice husk in the region, especially in the rice producing states including Texas, California, Arkansas and Mississippi is expected to open new avenues for the industry growth over the next eight years.

The growth in the demand for adhesives in paper and pulp and cement industry is projected to drive the growth of liquid sodium silicate market over the forecast period. The liquid sodium silicate market is highly competitive due to the presence of many manufacturers with large capacities globally.  The increasing use of liquid sodium silicate as an adhesive in numerous manufacturing applications is driving the liquid sodium silicate market. The liquid sodium silicate is used to bind fiber drums, cores of paper towel and toilet tissues, paperboard laminates, etc. Most of the manufacturers prefer to use liquid sodium silicate because of it is low-cost, environment-friendly and non-toxic. The availability of raw material such as silica sand, soda ash, and rice husk is expected to fuel the growth of liquid sodium silicate market over the forecast period. The final cost of the liquid sodium silicate depends upon the factors such as raw material cost, operational cost, and transportation cost. The liquid sodium silicate finds a side application if rubber and tire manufacturing industry as a filler.  The development in the automotive sector and rapid growth in APEJ region is expected to drive the elastomers segment over the forecast period.

Hotel with Discotheque

The Indian hotel industry has emerged as one of the key industries driving the growth of the services sector and, thereby, the Indian economy. The hotel industry in India is going through an interesting phase. One of the major reasons for the increase in demand for hotel rooms in the country is the boom in the overall economy and high growth in sectors like information technology, telecom, retail and real estate. Rising stock market and new business opportunities are also attracting hordes of foreign investors and international corporate travelers to look for business opportunities in the country.

The hotel industry in India is going through an interesting phase. The industry has a capacity of 110,000 rooms. 4.4 million Tourists visited India last year and at the current rate, the demand will soar to 10 million to accommodate 350 million domestic travelers. The hotels of India have a shortage of 150,000 rooms fuelling hotel room rates across India. With tremendous pull of opportunity, India has become a destination for hotel chains looking for growth.

Discotheque is a nightclub for dancing to live or recorded music and often featuring sophisticated sound systems, elaborate lighting, and other effects.Nightlife is a very fast paced industry. Being one of the largest revenue and employment generators in the service sector.

The Bars and Nightclubs industry in the United States has experienced steady growth over the five years to 2018, despite experiencing slight revenue volatility during the early half of the five-year period. This was a result of shaky consumer confidence causing more people to drink at home rather than at bars or nightclubs. However, the industry is still expected to grow during the period as industry revenue growth picked up in the latter half of the period.

Bare Polyester Film with Metallizing& Coating Process

Polyester film is obtained by the extrusion of polyethylene terephthalate. These films when stretched in a single direction along with appropriate processing, forms optical polyester film. Optical polyester film has applications in the optical and optoelectronic field. They are used in display bases, LCD panels, and plasma display panels (PDP). Optical polyester film imparts excellent light transmission due to its mechanical properties and thermal stability. High demand for LCD televisions in Asia Pacific is a key driver for the optical polyester film market. Rapid growth in sale of smartphones in developing economies and the emergence of new technologies such as wearable electronics are anticipated to offer growth opportunities for the optical polyester film market in the near future.

Polyester film is a high-performance film made from polyethylene terephthalate (PET) resin. The Polyethylene Terephthalate (PET) resin is made from Ethylene Glycol and dimethyl terephthalate (DMT).

Global Polyester Film (PET film) Market is expected to experience significant growth over the forecast period owing to shift in focus toward unconventional gases. Polyester Film (PET film) Market is an unconventional gas explored through hydraulic fracturing with low permeability. Global Polyester Film (PET film) Market is expected to experience momentous growth over the next six years owing to increasing usage in residential, commercial, power generation, transportation, and industrial. Growing energy demand on account of increasing population is expected to be the major factor driving the market over the foreseeable period. Increasing Polyester Film (PET film) Market demand in industrial market is projected to have positive impact on global market in near future.

Extra Neutral Alcohol (ENA)

Extra Neutral Alcohol is a food grade alcohol. The product is used as a basic alcohol in distilled spirits like Vodka, Malawi Gin etc. In the pharmaceutical industry, Extra Neutral Alcohol is a prime carrier for a whole spectrum of medicines and is therefore used for processing a wide range of drugs. It is also a good disinfectant as methylated spirit.

This colorless alcohol has a neutral smell and taste. It is used in the production of potable alcohol and also as a solvent and reactant in the pharmaceutical industry and as a carrier of flavor and fragrances. ENA is a high distilled alcohol that contains no impurities and is used for the production of alcoholic beverages, alcoholic fruit beverages and aperitifs. Owing to its properties, it serves as an essential ingredient in the manufacturing of numerous cosmetics and skin care products, as a processing aid in food industry, and as a solvent for colourants and flavours.

The extra neutral alcohol (ENA) market in India has been witnessing a steady growth rate over the past few years. The market is expected to grow due to a huge shift towards the consumption of alcohol and expanding applications of ENA.

Almost 90% of the ENA produced in India is used in the manufacturing of potable alcohol, production and consumption of which is continuously rising. Further, a gradual shift towards Indian Made Foreign Liquor (IMFL) from country liquor over the past years has also led to an increase in demand for potable alcohol. Other factors facilitating the demand for potable alcohol are increasing disposable incomes, changing attitude towards drinking and western influence. Additionally, expanding cosmetics and personal health care, printing and pharmaceutical industries are expected to be highly lucrative for the market since ENA finds numerous applications in these industries. In the cosmetics industry, ENA is used in products such as perfume, toiletries, cologne, hair spray, air freshener, detergent, etc. It is also used in the production of antiseptics, drug, syrups, medicated sprays, etc. Owing to the aforementioned factors, the market is further projected to reach a volume of 3.8 Billion Litre by 2023.

Glass Blocks

Glass blocks or bricks are architectural products that allow light to pass through, while also providing a level of privacy or obscuration. Glass blocks are typically square in shape and can have a variety of surface treatments that affect their transparency.

Glass blocks are often assembled like bricks with a grout or sealant. Some blocks come with assembly systems that provide wall anchors and vertical and horizontal spacers to precisely align the blocks. The blocks are spaced accurately and consistently using the spacers and then bonded together with silicone. The joints are finished with tile grout or mortar. Glass blocks used in prisons and detention centers, police departments, and other high-risk locations are often set in steel frames for added strength and security.

Glass blocks market forecast predicts that this market will grow at a CAGR of more than 7% by 2022. Factors such as easy installation due to the availability of pre-fabricated kits and increasing use of glass block windows in houses, commercial buildings, and industrial buildings will drive the glass blocks market growth.Also, the advantages such as light-weight and privacy makes the glass blocks useful in residential, commercial, and industrial end-user segments.

Global Glass Block Market is expected to grow at a positive CAGR in the predicted period. The architectural element which is made from the glass is known as the Glass block. It provides a visual obstruction while they are transfer light. The glass block is meant for the floor as well as wall in terms of applications. They are manufactured from a single solid piece, or they have a thicker side wall than the standard wall blocks which can be used for the floors normally.

Glass Block Market is segmented, By Applications Bullet and Vandal Resistance, Gas insulated, Colored, Fire Resistance, etc. There are some colored variants available in the glass wall blocks. Some hollow glass wall blocks are available in colored variants. UV stable can in the same locations as the standard clear glass blocks. Other methods which are colored glass blocks are obtained and is needed to inject colored material, dye or the transparent paints which are present in the hollow center of the blocks to form the coating permanent.

Ginger Washing Plant

Ginger is a tropical plant whose rhizome (popularly known as ginger root) is used most commonly for culinary and medicinal purposes. Gnarled and knotted in appearance, the ginger root has a slightly pungent, spicy-sweet flavor and aroma.

Today, there are many uses ginger is good for. Although eating fresh, raw ginger still one of the most popular ways of consumption, the use of powdered or ground ginger is not only preferred for culinary applications but also for making ginger supplements, such as ginger root capsules and ginger tablets. Additionally, ginger can be found preserved, candied, and crystallized. While the use of natural and alternative medicines has grown greatly in recent years, so has the interest in ginger as a complementary and alternative herbal remedy. As such, much research has been performed that has confirmed many of ginger properties.

In the recent times, the global market for ginger has observed a strong surge in its valuation, thanks to the increasing popularity of ginger as a spice and as a flavoring agent across the world. The rising awareness about the medical benefits of ginger is also attracting consumers substantially, and this factor is expected to act as a long-term promoter of this market, leading it to high growth over the next few years.

In addition to this, the widening application base of ginger, from medicines to alcoholic beverages, is anticipated to boost the global ginger market in the years to come. The market is projected to gain US$3.06 bn by 2017 in revenues. The opportunity in this market is predicted to proliferate at a CAGR of 6.50% between 2017 and 2022, reaching a value of US$4.18 bn by the end of 2022.

Major factors driving growth of the global ginger markets, growing consumer awareness about the ginger benefits for health. In addition, increasing use of ginger as a home remedy various infections such as common cold and cough, rising demand for herbal medical products, rising usage in healthcare industry to cure problems related to infection, constipation, ulcers etc. are factors driving growth of the global ginger market.

Transistor and Semiconductor

The transistor is a semiconductor device which transfers a weak signal from low resistance circuit to high resistance circuit. The words Trans mean transfer property and aretor mean resistance property offered to the junctions. In other words, it is switching devices which regulates and amplify the electrical signal likes voltage or current.

The greatest advantage of power transistors is their small size, as it allows them to be used in almost any electronic device. Global chip-making vendors such as Intel and TSMC are carrying out R&D activities that will result in shrinking the transistor by half or even more.

Power transistor revenue is projected to grow by 6 percent this year to a record $13.6 billion, according to IC Insights' 2017 0-S-D report. The market grew by 5 percent last year after suffering a 7 percent decline in 2015, according to the firm.

The growth of the Power Transistors Devices market has been attributed to demand in application/end-users such as Automotive & Transportation, Industrial & Power, Consumer, Computing& Communications & Others. Furthermore the research is geographically segmented as United States, China, Europe, Japan, Southeast Asia & India.

Semiconductor is a physical substance that is designed to manage and control the flow of current in electronic devices and equipment. It neither allows a freely flowing electric current nor repels it completely.

A semiconductor is in between a conductor and insulator and commonly used in the development of electronic chips, computing components and devices. It is generally created using silicon, germanium or other pure elements.Due to their role in the fabrication of electronic devices, semiconductors are an important part of our lives. Imagine life without electronic devices. There would be no radios, no TV's, no computers, no video games, and poor medical diagnostic equipment.

The new electronic systems are shifting demand for semiconductors among the major application segments—body, safety, driver information, powertrain, and chassis. The global semiconductor market grew by 21.6 percent and reached USD 419 billion in the year 2017. The market is expected to be up by 9.5 percent to reach to US$451 billion in 2018. Semiconductors will play an important role in the growth and innovation of automotive technologies used for connected cars and electric vehicles. The rapidly-evolving automotive market presents a glowing opportunity for automotive semiconductors to support increased connectivity, battery performance in EVs, enhanced sensors, and other technologies.

p-Toluenesulfonic acid

p-Toluenesulfonic acid, also known as tosylate or para-toluene sulfonate, is a member of the class of compounds known as p-methylbenzenesulfonates. P-Methylbenzenesulfonates are benzenesulfonic acids (or derivative thereof) carrying a methyl group at the para- position. p-Toluenesulfonic acid is slightly soluble (in water) and an extremely strong acidic compound (based on its pKa). p-Toluenesulfonic acid (PTSA or pTsOH) or tosylic acid (TsOH) is an organic compound with the formula CH3C6H4SO3H. It is a white solid that is soluble in water, alcohols, and other polar organic solvents.

p-toluene sulfonic acid is widely used as catalyst agent in the synthesis of pharmaceuticals, pesticides, polymerization stabilizer and organic synthesis (esters, etc.), paint intermediates and resin curing agent. And it is also the commonly used acid catalyst in organic synthesis. It is neutralized with sodium hydroxide and then obtains sodium p-toluene sulfonate, and react with phosphorus pentachloride, can obtains p-toluenesulfonyl chloride. The latter used in the nucleophilic substitution reaction, also used as alcohol hydroxyl protective group. P-CH3C6H4SO3Na + PCl5 →p-CH3C6H4SO2Cl.

Uses

(1) For chemical reagents, but also for dyes, organic synthesis.

(2) Used as the intermediates of medicine (such as doxycycline), pesticides (such as dicofol), dyes. Also used in detergents, plastics, coatings and so on.

(3) For medicine, pesticides, dyes and detergents, but also for plastics and printing coatings.

(4) Widely used in the catalyst synthetic medicine, pesticides, polymerization of the stabilizer and organic synthesis (esters, etc.). Also used as medicine, paint intermediates and resin curing agent.

The Demand for P-Toluenesulfonic Acid Market Industry is anticipated to be high for the next six years.

 

 

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