Google Search
Search
Already a Member ?
General
Start small to go big, List of Profitable Project Opportunities for Startup
Start small to go big: List of Profitable Project Opportunities for Startup. Money Making Small and Medium Scale Manufacturing Industry for Entrepreneurs.
(NPCS Newsletter - Issue 052018)
Project Profiles of below projects can be viewed/ downloaded fromhttps://www.niir.org/profiles/
Today, tens of thousands of people are considering starting a business, and for good reasons. Throughout the world, small and medium scale manufacturing is considered as a profitable business for startup entrepreneurs. Some of the most lucrative industries are light engineering, paper, food processing, rubber, leather, chemical, and agrochemical industry. Apart from these household products, some construction-related products are also in high demand.Small and medium scale industries play the significant role in the GDP.
Small and medium sized enterprises play a central role in the Indian economy. They are a major source of entrepreneurial skills, innovation and employment. SME businesses are the biggest contributor to the economy of any country and the same goes with Indian economy. In fact, SME is one of the most crucial sectors of Indian economy as far as the number of employments generated from this segment. As more than 65% of Indian population lives in rural and semi-rural areas, small business becomes a major source of income for many residing in these areas. After agriculture, small business in India is the second largest employer of human resources.
Manufacturing Business ideas that you can initiate as micro, small, and medium scale basis.
Plastics are made from limited resources such as petroleum, and huge advances are being made in the development of technologies to recycle plastic waste among other resources. Mechanical recycling methods to make plastic products and feedstock recycling methods that use plastic as a raw material in the chemical industry have been widely adopted, and awareness has also grown recently of the importance of Thermal recycling as a means of using plastics as an energy source to conserve petroleum resources. Recycling plastics has many benefit, it contributes to energy savings and the reduction of greenhouse gas emissions. It also saves non-renewable sources like oil and gas. Bottles made of polyethylene terephthalate (PET, sometimes PETE) can be "recycled" to reuse the material out of which they are made and to reduce the amount of waste going into landfills.
The Indian industry has created enough capacity to export polymers in substantial quantities. India exported close to 17% of its polymer production. The global plastic recycling market has been gaining a steady momentum over the past few years due to the growing awareness about carbon emissions and the need to reduce them. Citing this reason, the report states that the global plastic recycling market, which was valued at US$31.5 bn in 2015 is expected to reach a figure of US$56.8 bn by 2024. During the forecast period of 2016 and 2024, the global market is expected to progress at a CAGR of 6.9%. As a whole any entrepreneur can venture in this project without risk and earn profit. Read more
Fresh fruit and vegetables, packaged meat has to be declared with a `use by` date. The maintenance of the cold chain is also one of the main principles and basic requirements of European Union (EU) legislation on food hygiene. Raw materials, ingredients, intermediate products and finished products that are likely to support the growth of pathogenic microorganisms and/or spoilage bacteria, are to be kept at temperatures that do not result in a risk to health. A cold storage is a temperature-controlled supply chain network, with storage and distribution activities carried out in a manner such that the temperature of a product is maintained in a specified range, needed to keep it fresh and edible for a much longer period than in normal ambient conditions.
The total value of the cold chain industry is estimated to be as high as USD 3 billion and growing at 20-25 per cent a year. India’s cold chain industry is still evolving, not well organized and operating below capacity. Most equipment in use is outdated and single commodity based. According to government estimates, India has 5,400 cold storage facilities, with a combined capacity of 23.66 million metric tons that can store less than 11% of what is produced. Indian cold storage market is expected to grow at a CAGR of 16.09% by 2020 driven by the growth in the organized retail, Indian fast food market, and food processing industry. As a whole there is a good scope for new entrepreneur to invest in this business. Read more
A sandwich panel is any structure made of three layers: a low-density core and a thin skin-layer bonded to each side. Sandwich panels are used in applications where a combination of high structural rigidity and low weight is required. SIP is a sandwich structured composite, consisting of an insulating layer of rigid core sandwiched between two layers of structural board, used as a building material. The board can be sheet metal, plywood, cement, magnesium oxide board (MgO) or oriented strand board (OSB) and the core either expanded polystyrene foam (EPS), extruded polystyrene foam (XPS), polyisocyanurate foam, polyurethane foam or composite honeycomb (HSC).
The market for Sandwich Panel is developing at an excellent pace. The APAC region dominates the market considerably with its fast growing market trajectory worldwide. It will expand at an admirable CAGR over the forecast period. The region will also probably show rapid industrial growth due to increased level of investments in the regions of China and India, where the construction sector is growing. This has further widened the scope of sandwich panels market in the region. North America is expected to grow rapidly by 2021. Europe and Rest of the World are also estimated to grow at CAGR of an outstanding level from 2016 to 2021. This facilitates the development of new technologies and ensures a high quality product. Read more
Masala Powder and Chilli Powder
A masala can either be a combination of dried (and usually dry roasted) spices, or a paste (such as vindaloo masala) made from a mixture of spices and other ingredients—often garlic, ginger, onions and chili paste. 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. Spices are, the dried parts of aromatic plant-the seeds, powers, leaves, bark or root although a few are used fresh. But there is something evocative about spices that go way beyond their culinary or medicinal uses. Red Chilli, considered a native of South America, is an indispensable spice in the food habits of most people in the world. The colour and pungency differentiates chillies from other spices.
India, known as the home of spices, boasts a long history of trading with the ancient civilizations of Rome and China. Today, Indian spices are the most sought-after globally, given their exquisite aroma, texture, taste and medicinal value. India has the largest domestic market for spices in the world. The demand for spices is expected to grow in the future which will lead to a prominent growth in the revenues from the sales of spices in India. The revenues from India market are expected to expand to around USD 18 billion in FY’2020. Thus, due to demand it is best to invest in this project. Read more
Cold-chain is considered an important tool for farmers of perishable produce, to connect with markets and to realise meaningful productivity. Ministry of Food Processing Industries (MoFPI), GoI is operating a “Scheme on cold chain, value addition and preservation infrastructure” dedicated for cold-chain in addition to other programs that develop processing units. A cold storage is a temperature-controlled supply chain network, with storage and distribution activities carried out in a manner such that the temperature of a product is maintained in a specified range, needed to keep it fresh and edible for a much longer period than in normal ambient conditions. The estimated annual production of fruits and vegetables in the country is about 130 million tonnes.
India is an agricultural-based economy. More than 52 percent of India’s land is cultivable, compared to the global average of 11 percent. Each year, India produces 63.5 million tons of fruits and 125.89 million tons of vegetables. Indian cold storage market is expected to grow at a CAGR of 16.09% by 2020 driven by the growth in the organized retail, Indian fast food market, and food processing industry. As a whole there is a good scope for new entrepreneur to invest in this business. Read more
The global craft beer market to grow at a CAGR of 11.04% during the period 2017-2021.A microbrewery or craft brewery is a brewery that produces small amounts of beer (or sometimes root beer), typically much smaller than large-scale corporate breweries, and is independently owned. Such breweries are generally characterized by their emphasis on quality, flavour and brewing technique.
Craft beers and microbreweries are niche concepts in India which have been growing for past few years and are beginning to take shape now. They are mushrooming in many parts of the country. This is an emerging trend that is certainly attracting middle class Indians, particularly in urban areas. The craft beer market in India is pegged at Rs. 280 crore and may grow to Rs. 4,400 crore by 2020. This facilitates the development of new technologies and ensures a high quality product. Read more
DL Tartaric Acid and Its Salts
Tartaric Acid is a white crystalline dicarboxylic acid found in many plants, particularly tamarinds and grapes. Tartaric acid is used to generate carbon dioxide through interaction with sodium bicarbonate following oral administration. 2, 3-dihydroxybutanedioic acid, also known as Tartaric acid, is a white crystalline diprotic aldaric acid. It occurs naturally in many plants, particularly grapes, bananas, and tamarinds, is commonly combined with baking soda to function as a leavening agent in recipes, and is one of the main acids found in wine.
India Tartaric Acid Market is projected to grow at a robust CAGR due to increasing use of tartaric acid as a preservative in packaged foods coupled with growing use across various end-user industries, such as food & beverages, pharmaceuticals as it acts as an emulsifier and chelating agent. Which facilitates the development of new technologies and ensure a high quality product. Read more
Kraft paper is paper produced from chemical pulp produced in the kraft process. Sack kraft paper, or just sack paper, is a porous kraft paper with high elasticity and high tear resistance, designed for packaging products with high demands for strength and durability. Pulp produced by the kraft process is stronger than that made by other pulping processes; acidic sulfite processes degrade cellulose more, leading to weaker fibers, and mechanical pulping processes leave most of the lignin with the fibers, whereas kraft pulping removes most of the lignin present originally in the wood. Pulp and paper are manufactured from raw materials containing cellulose fibers, generally wood, recycled paper, and agricultural residues. In developing countries, about 60% of cellulose fibers originate from nonwood raw materials such as bagasse, cereal straw, bamboo, reeds, esparto grass, jute, flax, and sisal.
The Paper demand in India will grow by 53% over the next six years, increasing from today's levels of 13 mn metric tonne to 20 mntonne by 2020. The annual global paper and paperboard production was approximately 382.0 million tonnes in 2006. It is expected to increase to 402.0 milliononnes by 2010 and 490.0 million tonnes by 2020. Entrepreneurs who invest in this project will be successful. Read more
Floral Foam is the plastic spongy material that florists use to put their many beautiful flower designs in place. It has effectively replaced the conventional way of arranging flowers which entailed utilizing wet newspaper, twigs, chicken wire and pin holders. Floral foam is available in many shapes and sizes, including square, round and oval as well as small, medium and large. It can typically be found in either green or white colors when used for artificial flower arrangements but other colors can be made as well.
Commercial floriculture is increasingly being considered a high remunerative economic activity by small and large farmers across the country and if the sector gets organized, there could be a massive Rs. 10,000 crore business opportunity. It is worthwhile noting that despite India's share in the $ 11 billion global market for flowers and flower products having touched just about 0.65 per cent, the growth potential is large. The foam market size was USD 17.58 Billion in 2016 and is projected to reach USD 22.39 Billion by 2021, at a CAGR of 4.95% from 2016 to 2021. As a whole you can invest in this project without risk and earn profit. Read more
Continuous Filament Glass Fibers (CFGF)
Glass fiber also called fiberglass. It is material made from extremely fine fibers of glass Fiberglass is a lightweight, extremely strong, and robust material. Although strength properties are somewhat lower than carbon fiber and it is less stiff, the material is typically far less brittle, and the raw materials are much less expensive. Its bulk strength and weight properties are also very favorable when compared to metals, and it can be easily formed using molding processes. Glass is the oldest, and most familiar, performance fiber. Continuous filament glass fiber (CFGF) is also known as textile glass fiber primarily used as the reinforcement of a matrix to form composites.
India’s composites industry which stood in 2015 at around 3 lakh metric tons is projected to grow rapidly to reach 4.18 lakh metric tons by 2020 at a substantial Compound Annual Growth Rate (CAGR) of 5.8 %. The fiberglass market was estimated at USD 13.95 Billion in 2017 and is projected to reach USD 18.75 Billion by 2022, at a CAGR of 6.1% between 2017 and 2022. Thus, due to demand it is best to invest in this project. Read more
Pyrolysis is the chemical decomposition of organic substances by heating the word is originally coined from the Greek-derived elements pyro "fire" and lysys "decomposition". Pyrolysis is usually the first chemical reaction that occurs in the burning of many solid organic fuels, cloth, like wood, and paper, and also of some kinds of plastic. Anhydrous Pyrolysis process can also be used to produce liquid fuel similar to diesel from plastic waste.
Increasing industrialization and motorization has lead to a significant rise in demand of petroleum products. As these are the nonrenewable resources it is difficult to predict availability of these resources in future, resulting uncertainty in its supply and price and is impacting growing economies like India. Many alternate fuels like Alcohols, Biodiesel, LPG, CNG etc have been already commercialized in the transport sector. Recent developments in recycled plastic and plastic waste to oil market indicate that policymakers and energy industry players in various regions, particularly in North America and Europe, are focusing on the commercialization of the technology. As a whole entrepreneur can venture in this field will be successful. Read more
Beer contains approximately 90% water, and the importance of the liquor to final beer quality cannot be over-estimated. Historically a correlation was observed between the liquor composition of an area and the type of beer that the region could best brew. There are several steps in the brewing process, which include malting, milling, mashing, lautering, boiling, cooling, fermenting, maturation, filtering, and packaging. The production of malt beverages, or beer, comprises four main stages: brew house operations, fermentation, aging or secondary fermentation, and packaging.
The annual growth in the Indian beer market has been around 8% in the recent years, which compares well with the growth in China. But the Chinese market of 20 mn kl is over 25 times more than the Indian market of over 900,000 kilolitres. The Beer market in India will grow at a CAGR of 16.94 percent and 14.57 percent on the basis of revenue and volume. The Global Beer Market was valued at $593,024 million in 2017, and is projected to reach $685,354 million by 2025, growing at a CAGR of 1.8% from 2019 to 2025. As a whole there is a good scope for new entrepreneur to invest in this business. Read more
Iodised salt is produced by iodising common salt. Iodine plays an important role in our body-system, as it is utilised by the thyroid gland for the synthesis of thyroxine, which is a hormone essential for the growth and developmental activities. Deficiency of Iodine in the body results in the impairment of synthesis of thyroxine, leading to reduced blood circulating levels. The only iodising agent so far approved for table salt is potassium iodide. It is present at a concentration of (0.01%).
The demand of Iodised salt is more than 60 lakh tonnes per year as per the Ministry of Health Survey. To meet this requirement, more production capacities are required. Further due to many parts of our country are deficient in Iodine, Ministry of Industry has started crash programme to Iodise the common salt to check the problem of goitre; deafness, physical deforming and mental retardation. Salt penetration at all India level is estimated to be 93.8%, comprising 96.8% in urban areas, 92.7% in rural areas. Thus, due to demand it is best to invest in this project. Read more
A truck or lorry is a motor vehicle designed to transport cargo. Trucks vary greatly in size, power, and configuration; smaller varieties may be mechanically similar to some automobiles. Commercial trucks can be very large and powerful, and may be configured to mount specialized equipment, such as in the case of fire trucks and concrete mixers and suction excavators.
The Indian trucking industry is currently valued at $130 Bn and there are approximately 5.6 Mn on road vehicles transporting 80% of the country’s freight. According to Race Innovations, the Indian trailer market is expected to grow at a compound annual growth rate (CAGR) of 9.5% over the period from 2016 to 2020. This facilitates the development of new technologies and ensures a high quality product. Read more
Glass is a transparent material, particularly in the visible region of electromagnetic spectrum. The transparent and colouration have made the glasses best suitable for decorative and illumination purposes in the early days of their invention. Glass is a non-crystalline solid. This means that the regular periodic arrangement of motifs (groups of atoms, molecules or ions) is absent in glasses. The crystalline characteristic of long-range order of motifs is lacked and short-range order prevails in glassy materials. Glasses are formed by quenching a material in liquid state sufficiently fast so that atoms cannot re-arrange themselves in a crystalline form and form glasses.
Glass sheets and plate glass can be clear or transparent, or treated with other elements to give an opalescent or iridescent quality. Which facilitates the development of new technologies and ensure a high quality product. Resistant glass is made by using layers of glass sheets or by using a transparent polycarbonate thermoplastic. Dichroic glass is glass that has been layered with metal oxides to give the glass a unique color and texture. Tempered glass is stronger and more durable than regular glass sheets and plate glass. It is used in a wide variety of products, including vehicle windows and specialty items like scuba diving equipment, marine vehicles, and some cookware. Tempered glass is made by heating and then rapidly cooling the glass to induce residual compressive stresses in the surface of the glass. Read more
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
Our New Releases:
4. Lubricating Oils, Greases and Petroleum Products Manufacturing Handbook
9. Handbook on Recycling and Disposal of
10.Selected Formulary Book on Cosmetics, Drugs, Cleaners, Soaps and Detergents
NIIR PROJECT CONSULTANCY SERVICES
AN ISO 9001: 2015 CERTIFIED COMPANY
106-E, Kamla Nagar, Near Spark Mall,
Delhi – 110 007 (India)
Tel: 91-11-23843955, 23845886, 23845654, +918800733955
Mobile: +919811043595
E-mail: [email protected]; [email protected]
Website: www.niir.org
Take a look at NIIR PROJECT CONSULTANCY SERVICES on #StreetView - https://goo.gl/XPqPAj
Locate us on Google mapshttps://goo.gl/maps/BKkUtq9gevT2
Visit URLfor" Free Instant Online Project Identification & Selection" search facility to identify projects based on multiple search parameters related to project costs namely: Plant & Machinery Cost, Total Capital Investment, Cost of the project, Rate of Return% (ROR) and Break Even Point % (BEP). You can sort the projects on the basis of mentioned pointers and identify a suitable project matching your investment requisites.
https://www.entrepreneurindia.co/project-identification
FOLLOW US:
https://www.linkedin.com/company/niir-project-consultancy-services
https://www.facebook.com/NIIR.ORG
https://www.youtube.com/user/NIIRproject
https://plus.google.com/+NIIRPROJECTCONSULTANCYSERVICESNewDelhi/posts
https://plus.google.com/+EntrepreneurIndiaNewDelhi
To Unsubscribe or change your email preferences, please go to: https://www.niir.org/newsletter/
