One of the major vehicles that drive the economy of any nation is the manufacturing industry. Countries that are considered to be industrialized, advanced and economically buoyant are countries with vibrant and active manufacturing sector. No doubt the manufacturing industry is indeed an industry that is wide and all – encompassing – simply because manufacturing is all about producing goods, equipment, chemicals, machines, et al.

Why Start your Own Manufacturing Business in India?

Indian manufacturing sector is one of the emerging sectors. It is expected that India will become the fifth largest manufacturing country in the world by FY2020.

Indian Manufacturing Sector Facts:-

·            In between FY12 and FY17, India’s manufacturing sector grew at CAGR of 7.32 per cent.

·            Under the Make in India initiative, the Government of India plans to raise GDP from 16 per cent to 25 per cent by 2022, and create 100 million new jobs by 2022.

·            The Wholesale Price Index (WPI) for manufactured goods rose 2.4 per cent in FY16-17.

·            Foreign Direct Investment (FDI) grew by 82 per cent to $16.13 billion between April-November 2016.

·            As per Union Budget 2017-18, Government of India reduced income tax rate to 25 per cent for medium and small size enterprises having turnover up to Rs 50 crore.

 

 

Choose any of these high profit margin ideas if you want to start a venture in the manufacturing industry:

 

School (CBSE Pattern)

Education is today identified among basic needs, as essential for an individual’s survival as ‘food, clothing and shelter.’ The need for education has been recognized in all parts of the country and among all sections of society. Education brings success and success translates into social recognition.……Read more

Medical College with Hospital

A medical college is meant to impart education of medical field to students to qualify them as doctors in different specialized disciplines so as to treat patients suffering from various ailments. Doctors with their dedicated spirit serve the nation at large by providing medication and treatment for eradication of diseases, which exchange health and add suffering to humanity.……Read more

Alcohol from Potato

The term alcohol was first applied to the spirits of wine, ethyl alcohol, and now it refers to a series of substances with similar characteristics Ethyl alcohol is the active constituent of all intoxicating liquors obtained by the fermentation of saccharine materials. It is present in the form of esters in several volatile oils……Read more

Ferro Silicon

Ferro Alloys Plays major role in Steel Production and industrial development. Ferro-alloys are iron based alloys with varied elements introduced in steel making to cater to the specific needs……Read more

Kraft Paper from Waste Cartons

Paper is a major product of the forestry industry, and is used widely in our society. Paper products are used not only in their obvious applications in the publishing industry and for writing on, but also in a variety of specialty papers, cardboards, brown papers etc……Read more

Brake Shoe

The automobile is unique-technological achievement, which make the distance shorter. With this a far distance is covered in very short time. In developing India the use of automobile vehicles is increasing tremendously. The first motor car which was imported to India came in 1898 and now from that time up to the present time there are so many manufacturers who are manufacturing various Automobile vehicles……Read more

Guar Gum Powder

Guar is also called guaran, is a Galactomannan. It is primarily the ground endosperm of guar beans. The guar seeds are dehusked, milled and screened to obtain the guar gum. It is typically produced as a free flowing, pale, off-white colored, coarse to fine ground powder……Read more

Sodium Silicate from Rice Husk Ash

Sodium Silicate is a colourless compound of oxides of sodium and silica. It has a range of chemical formula varying in sodium oxide (Na2O) and silicon dioxide or silica (SiO2) contents or ratios. Sodium silicate is the generic name for a series of compounds derived from soluble sodium silicate glasses…..Read more

Vodka from Potato

Vodka is a neutral spirit that is without distinctive character, aroma, taste, or color. These properties are developed during the distillation process or by treating crudely distilled spirits with activated carbon or other materials. Finely distilled vodka may also be further purified and refined by treatment with activated carbon and other materials…….Read more

Milk Powder (SMP, WMP and Dairy Whitener)

Powdered milk is a dairy product produced from cow milk. Cow milk basically contains water, fats, protein sugar and ash. About 86% to 88% of cow milk by weight is water. Milk powder is prepared by skimming the milk whereby a considerable but proportional cream substance is extracted before it is powdered.……Read more

Instant Tea

Tea is cultivated primarily in the Asian countries, and world's largest producers of tea are India, Sri Lanka, and China. The tea plant is similar to the coffee plant, in that it is an evergreen tree or bush which grows chiefly in the tropics or in subtropical regions of the world. Tea plants require regular but moderate rainfall.……Read more

Precipitated Calcium Carbonate

Sizing Precipitated Calcium Carbonate (PCC)—also known as purified, refined or synthetic calcium carbonate. It has the same chemical formula as other types of calcium carbonate, such as limestone, marble and chalk: CaCO3. The calcium, carbon and oxygen atoms can arrange themselves in three different ways, to form three different calcium carbonate minerals.……Read more

Contact Adhesive

An adhesive is any substance applied to the surfaces of materials that binds them together and resists separation. The term "adhesive" may be used interchangeably with glue, cement, mucilage, or paste. Adjectives may be used in conjunction with the word “adhesive” to describe properties based on the substance's physical or chemical form, the type of materials joined, or conditions under which it is applied.……Read more

Barium Carbonate from Barium Sulphate

Barium carbonate (BaCO3), also known as Witherite, is an important material in industry for producing barium salts, pigment, optical glass, ceramic, electric condensers, as well as its close relationship with aragonite, biomineral and its use as a precursor for magnetic ferrites and/or ferroelectric materials. Witherite crystallizes in the orthorhombic system.……Read more

Blood Bags

Blood bag is a disposable bio-medical device used for collection, storage, transportation and transfusion of human blood and blood components. The system consists of a single or multiple bag connected with tubings, needle, needle cover, clamp etc. The Blood Bags are made of plastic-material, which are compatible with blood.……Read more

 

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Contact us:

Niir Project Consultancy Services

An ISO 9001:2015 Company

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

New Delhi-110007, India.

Email: [email protected]  , [email protected]

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

Mobile: +91-9811043595

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

 

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