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Best Business Opportunities in Burkina Faso, Africa - Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Great Reasons to Start a Business in Burkina Faso-

There are numerous reasons to start a business in Burkina Faso; the true reasons why individuals should do so are mentioned here; these will make your selection much easier and turn your investment into something useful. Continue reading if you want to learn more about how to manage a profitable business in Burkina Faso.

You Will Be Part of Something Bigger

Many entrepreneurs in Burkina Faso have stated that they established their enterprises because they wanted to be a part of something bigger than themselves. Starting a business here means becoming a part of a massive movement that has been going on for years and is only becoming stronger. With so many wonderful things going on,

.  Your Business Will Make a Difference

When you decide to start a business in Burkina Faso, you will be amazed at how much good can be accomplished by an one act. Your small business has the potential to alter people's lives for the better by delivering jobs and growth to communities where poverty has existed for decades.

It Is Easier Than You Think

Some people believe that running a business in Burkina Faso is difficult - but they haven't tried! It is relatively simple to run a business here, especially when compared to other countries throughout the world.

It Can Help Other People:

You can help others by offering goods or services that were previously unavailable or unaffordable, in addition to helping yourself by producing wealth and employment opportunities.

You Will Learn New Things Every Day: When starting a new business in Burkina Faso, you will quickly discover that there is always something new to learn about how to do it successfully.

 

What are the Natural Resources in Burkina Faso?

Burkina Faso has a wealth of natural resources, including gold, diamonds, manganese, and phosphates. There are also a slew of other minerals that have yet to be discovered or mined. Many agricultural goods, including as cotton, cocoa beans, and peanut butter, thrive in this climate. Burkinabe people are eager to work hard at jobs that will bring industry and business to their country. In short, there are many compelling reasons to start a business in Burkina Faso!

 

What are the Business Opportunities in Burkina Faso?

Burkina Faso has a plethora of business prospects. There are many possibilities available to you whether you're seeking for methods to make money or want to start your own business. If you live and work in one of the larger cities, like as Ouagadougou or Bobo-Dioulasso, this is especially true. But just because you don't reside there doesn't mean you can't establish a business there. There are many people who have started their own enterprises in little communities. Grocery stores, restaurants, bars, and other small enterprises that can be run from home fall under this category. There's no reason why you shouldn't be able to accomplish it as well.

 

What businesses are successful in Burkina Faso?

Textiles and apparel, in particular, can be manufactured, produced, and distributed. The Burkinabe have a high level of expertise and are quite clever. Burkinabe crafts include red clay ceramics, colourful woven straw products, wood, stone, or ivory carvings, and semi-precious stone and cowrie shell jewellery. A large textile sector is also present. Cotton, gold, livestock, and agricultural products such as cotton, peanuts (groundnuts), sesame seeds, and millet are the country's principal exports: peanuts (groundnuts), sesame seeds, and millet.

 

Is Burkina Faso Good for Business?

Yes, for starters. There's a lot of commercial potential here, and there's not a lot of competitors. In terms of entrepreneurship, there is plenty of potential for expansion: 40 percent of Burkinabes (the people) work for small and medium-sized businesses, which account for only 12 percent of GDP. Market prospects abound without a doubt.

 

Business-Friendly Policies and Government Initiatives

Burkina Faso is an appealing alternative for entrepreneurs because of its determination to modernise and enhance its infrastructure. There is still lots of space for growth in this country, which has a population of over 17 million people and a per capita GDP of $1,604 by 2020. Indeed, there are numerous reasons why entrepreneurs should consider establishing a business in Burkina Faso today, particularly when it comes to small firms. Over 40 government projects and initiatives aimed at assisting small and medium-sized businesses were launched in 2017. Tax breaks for businesses with less than 50 employees, as well as businesses owned by Burkinabé investors in other countries, are among these initiatives. These tax breaks have been in place since 2012, but they've been tweaked to make them more accessible.

 

Industrial Infrastructure Burkina Faso

Agriculture remains Burkina Faso's most important economic sector, accounting for over 42% of GDP and employing roughly 80% of the country's workers. Cotton is still the most significant crop in the country. Due to low rainfall and high heat, farmers only harvest two to three times per year on average. Burkina Faso was grain self-sufficient until 1991, but bad harvests in 1992 and 1993 forced it to become a net importer of food grains. Cotton lint, sugarcane, corn, rice, sorghum (the staple), millet, peanuts (groundnuts), potatoes, beans, and other vegetables are all produced in the country. Burkina Faso also contains animals, including cattle (mostly in the south), sheep (in both pastoral and agro-pastoral zones), and goats (primarily in the Sahelian zone). There are also significant gold reserves in the country.

 

Market Size Burkina Faso

Value chains can provide a competitive edge. In cereals, particularly rice and maize, fruits and nuts, mangoes, cashew, peanuts and shea, oilseed and sesame crops, as well as livestock, Burkina Faso has a comparative advantage that is not completely exploited. While the country is one of Africa's top cotton producers, these considerable potential will assist diversify agricultural production and exports, improving sustainability, promoting domestic change, and increasing value addition. Burkina Faso can do so by leveraging its favourable climatic conditions in the stronger mining value chains to assist in the development of power infrastructure, as the mines in operation have nearly as much installed energy capacity as the national utility, while also supporting the development of high-potential agriculture subsectors. To realise this potential, proactive methods to construction are required.

 

Industrial Growth Burkina Faso

Are you on the lookout for investing opportunities? Businesses wishing to invest or expand in Burkina Faso can take advantage of some fantastic prospects. The country's economy is booming and growing at a rapid pace, with several industrial sectors presenting significant development opportunities for international investment. Food processing and manufacturing, for example, have experienced rapid expansion in recent years, and mining is also on the increase. Burkina Faso's government is eager to stimulate international investment by offering tax breaks and decreased customs fees on equipment and industrial imports. In addition, a number of commercial groups provide assistance to foreign investors looking to launch a business in Burkina Faso.

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.
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Wooden Furniture Manufacturing Industry

Wooden Furniture Manufacturing Industry. Furniture Production Factory. Most Profitable Wood Furniture Manufacturing Business Idea. Traditionally, furniture has been made of wood. With the industrial revolution, furniture manufactured from materials such as steel, aluminum, glass and plastic, began to appear. These materials may have revolutionized the furniture industry, but wood is undeniably a staple material in furniture manufacturing. Wood is, of course, a long-lasting and robust material and is the perfect choice for anyone looking for longevity from their furniture. Wooden furniture can also go a long way to creating a sense of the natural world indoors. 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 cabinets, etc. are made of wood. The advantages of wooden furniture are undeniable. Combine a piece of wood furniture to furniture made from steel or glass and the natural beauty of the wood will add warmth and character to any room. • Strength and Durability Wood furniture is extremely resilient and requires very little maintenance. Wood is a long-lasting natural material that can stand constant abuse, whether it's spills in the kitchen or scratches in the dining room. Solid wood furniture can last for generations with minimum care. • Ease of Maintenance Wood furniture is nearly effortless to maintain. Simply wipe the surface of the wood chair parts with a wood cleaner on a regular basis. Do not allow water or dust to settle on your tables, chairs or armoires for extended periods. • A Decor Staple Adding a piece of wood furniture to a room will completely change its look and feel. Wood furniture offers elegance, charm and sophistication to any room. • Modifiable The beauty of wood furniture is that it can be changed over time to give it a second, third or fourth life. By sanding and staining, or painting, you can refinish wood furniture and give it an entirely new look. Market Outlook India is a land of wonderful and marvelous artistic work of wood. The rich handicraft and beautiful traditional attributes of art and design have established a reputation of Indian Furniture Industry in the nation and worldwide. Furniture refers to the movable objects that support various human activities such as seating, eating and sleeping. They are also used to hold objects at a convenient height for work or to store things. Furniture is a product of design and it is also considered as a form of decorative art. The popularity of traditional furniture has strengthened the demand for wood in the manufacturing of furniture in India. Over the past few years, the utilization of wooden goods in home has increased as people have started using wood for furnishing cupboards, decorating and for other purposes. Apart from this, the demand for engineered wood furniture is rising in metro cities such as Delhi, Mumbai, Bangalore and other major cities. The reason behind this is the rising popularity of ready to assemble home furniture in these cities. The availability of engineered wood furniture through various distribution channels provides ease to the customer to buy furniture products. The country’s furniture market is projected to cross USD32 billion by 2019. The country’s furniture market is expected to grow at a rapid pace due to rising disposable income, expanding middle class and growing number of urban households. In addition, the anticipated rise in tourism and hospitality sectors is also expected to spur the furniture demand in the country through 2019. Western and Southern region would continue to be the leading revenue generators due to expanding distribution network of furniture manufacturers in these regions. Uttar Pradesh, Kerala, Punjab, West Bengal and Andhra Pradesh are the major suppliers of wood, which is the most widely used raw material in the country’s furniture market. Wooden furniture is expected to continue its dominance in the Indian furniture market. Home furniture market is expected to witness fastest growth over the next five years, followed by office and institutional segments Wooden furniture accounts for US$ 5,358 million. (US$ 852 million) of this (wooden furniture) is imported and imports are growing at 50 to 60 per cent every year. India was the largest furniture importer in the world, with a 19 per cent share in the furniture imports worldwide. A total of 10, 476 importers shipped furniture to India during this period, mainly from Italy, Germany, Spain, China, Korea, Malaysia, Indonesia, Philippines and Japan. The furniture sector in India makes a marginal contribution to the Gross Domestic Product (GDP), representing about 0.5 per cent of the total GDP. The global furniture market can be broadly categorized into four categories - domestic furniture, office/corporate furniture, hotel furniture and furniture parts. Globally, domestic furniture accounts for 65 per cent of the production value, whilst corporate/office furniture represents 15 per cent, hotel furniture 15 per cent and furniture parts 5 per cent. 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Gold and Silver Jewellery

Gold is more than a precious metal in Indian culture and is truly entrenched in their belief system. Over centuries and millennia, gold has become an inseparable part of the Indian society and fused well into the psyche of an Indian. Gold Jewellery forms an integral part of Indian tradition. 24 carat is the purest form of gold available on the surface of Earth. Demand for gold in India has witnessed an increasing trend in the past, despite soaring prices of gold for many years now. Gold and silver are considered as sacred metals by Hindus. Silver in jewellery has always been the preferred metal for young people. More recently, because of the high price of other metals, it has become more popular among the middle-aged and the elderly as well. Silver jewellery remains a popular gift item. It is fashionable, affordable and increasingly more personalised. The main occasions for buying jewellery are Christmas, Valentine’s Day and weddings. India is one of the largest markets for gold, and growing affluence is driving growth in demand. Gold has a central role in the country’s culture, considered a store of value, a symbol of wealth and status and a fundamental part of many rituals. Gold in India is also universally valued a store of wealth. That is the other major driver of demand. Gold jewellery products provide a tangible way to preserve wealth while at the same time serving the cultural function of providing decoration and displaying wealth. Indian consumers will always favour gold above other jewellery materials because of its dual role.At steady gold prices, demand for such products will grow faster than demand for gold jewellery products simply because it is still in the nascent stage. Global gold jewellery demand during 2017 increased by 4% to 2,135.5 tonnes (t), the first year of growth since 2013, driven by stable gold prices and improving economic conditions, The popularity of silver jewelry stems largely from the price of the metal. Relative to other precious metals, such as platinum and gold, silver is cheap. China is one of the world’s top silver consumers and its fondness of the metal apparently extends beyond investment interests and manufacturing. China’s silver jewelry market grew 211 percent. This growth has been attributed to exposure across the country’s interior. Urbanization is expected to continue fueling expansion as more retail jewelry outlets open in major Chinese cities. The gems and jewellery market in India is home to more than 300,000 players, with the majority being small players. Its market size is about US$ 60 billion as of 2017 and is expected to reach US$ 100-110 billion by 2021-2022. It contributes 29 per cent to the global jewellery consumption.
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Business Ideas, Projects & Opportunities in Production of Solar Panel & Electronic Toys

Solar panel refers to a panel designed to absorb the sun's rays as a source of energy to generating electricity and heating. It reduces the amount of electricity coming from fossil fuels by supplying your operations with clean, renewable energy from the sun. Solar panels are also called photovoltaic or PV modules as it directly converts sunlight into electricity. The sun produces enough energy daily to supply 10,000 times the world’s electrical needs. Solar Photovoltaic panels are packaged, connected assembly of typically 6x10 solar cells that generates and supplies solar electricity in commercial and residential applications. Solar panels are not only used for residential rooftop applications, but they are also widely used for applications such as powering electronic devices, individual gadgets, and vehicle batteries. Installing solar panels on a house roof can decrease the household’s carbon footprint by an average of 35,180 pounds of carbon dioxide per year. There is increasing demand for solar panels in the residential rooftop applications. There is significant fall in the prices for key components such as silver and polysilicone that are used to make solar cells. Solar Panels don’t create noise and don’t make any emissions. Price drops for industrial commodities that are used to make solar panels, and higher price expectations for electricity and natural gas are the factors that are expected to drive growth of the solar panels market for the forecast period (2015-2025). Increase in electricity price combined with cheaper solar panels will drive the solar panels market. Global Solar Panel market is expected to witness positive growth within the forecast period on account of increasing government incentives for the adoption of renewable energy alternatives for power generation. A solar panel uses the solar energy to cleanly and efficiently produce electricity. For many years solar was considered as the main pillar of a future renewable energy based system. Demand for a solar panel is increasing prominently all over the world. By providing operations with renewable, clean energy from the sun solar panels reduces the amount of electricity generating from fossil fuels. The solar panel currently available in the market gives high efficiency and long-term warranties will increase the customer preferences towards renewable energy sources. Moreover, the technological innovations coupled with the commercialization of Solar Panel have also been aiding the growth of the Solar Panel market. Rising awareness about the benefits of Solar Panel and depletion of fossil fuels is expected to surge the demand for Solar Panel in the years to come. However, the high cost of installation and maintenance of solar panel is expected to be a major restraint for the global Solar Panel market. Technological advancements and favorable government policies to construct solar power stations are expected to provide growth opportunities for the key players in the market over the coming years. The Solar Panel market can be segmented into categories by product types such as monocrystalline, polycrystalline, and thin-film solar panels. Poly-crystalline solar panel dominated the global Solar Panel market in 2016 owing to the wide range of applications and high efficiency in affordable price range. Mono-crystalline solar panel segment is expected to register remarkable growth within the forecast period due to their ability technological advancement. Global Solar Panel market is expected to witness significant growth within the forecast period on account of increasing government incentives for the adoption of solar panels. Solar panels are photovoltaic that produce electricity with sunlight. Solar Panel continuously generates electricity as long as a source of light is supplied. Solar Panel does not burn fuel, helping to make the process quiet, pollution-free and around two to three times more efficient than combustion technologies. Indian Solar Power Industry is anticipated to have double digit growth during next few years, due to the government’s policy to increase the share of solar power in the country’s energy mix and falling equipment (PV Module) costs globally. Moreover, solar power tariff in India has witnessed a drastic fall over the last few years. With increasing focus of the government on development of renewable energy sector, solar power products market in India is on the verge of expansion. Target for solar power generation capacity in the country has been set at 100 GW by 2022 and this is anticipated to increase development of solar power products in India. Government provides incentives and subsidies for solar power products such as solar pumps and solar lanterns, thereby boosting their adoption across the country. Moreover, development of solar rooftop PV plants is being supported by various mechanisms such as Feed-In Tariff, Accelerated Depreciation Mechanism, Generation Based Incentives, etc., and this is anticipated to boost India solar rooftop PV market in the coming years. Rising development of solar power generation projects is expected to aid in addressing the growing demand for electricity and in turn boost growth in the solar power products market through 2022. The market for solar power products in India is forecast to grow at a CAGR of over 10% through 2022, on account of growing demand for power and increasing focus on reduction of greenhouse gases emissions from the power sector. Development of power transmission and distribution network is projected to increase adoption of grid connected rooftop solar plants in the country through 2022. In addition, implementation of Net Metering Policy across various states in the country is anticipated to boost grid connected solar rooftop plant developments, as it aids in exporting additional energy back to the grid. Nowadays, electronic toys are most popular toys item globally. In addition to that, it comes in a wide price range and features. Also, electronic toys are popular as smart toys. The demand for electronic toys is increasing. Basically, the reasons for the growth are rising personal income and continuous product innovation. The toys are categorized into many in India and the plastic toys have a market share of nearly 80% of the total toy industry in the country. Other types of toys available in the market are fabric toys, paper toys, and wooden toys, metal toys and DIY toys (containing arts and craft toys) that are manufactured mostly by the cottage industry. However, out of these the metal toys are considered to be sharp toys which are harmful for children and a hindrance in their safety that is why these toys are known to be slowly losing its popularity. Another popular category of toys seen today are educational toys and activity toys which help build the mind and body of the child, then there are soft toys, Electronic toys, battery operated toys and board games like chess and monopoly. There are different types of Electronic toys available in the market. Electronic toys with or remote, walkie talkie sets for kids, toy radios, musical toys, hand-held video games, video games used with T.V, Arcade entertainment products, educational toys etc. are popular among Indian children. This report is about a remote controlled car toy. There are a number of Remote controlled Toys in the market. These, include Cars, trucks, playing machines and other equipments. There are differences in the mechanical assembly of these types of toys but the basic Electronic principle is the same. These types of toys have four main units i.e., Transmitter, Receiver, Motor and Power Source. The transmitter sends radio wave which is received by the receiver which is fitted with an antenna. These signals are used to activate the motor. The power source is typically a rechargeable battery pack, but sometimes it's just normal batteries. Electronic toys, and traditional toys will support strong market growth out to 2022. Electronic toys will grow to hold 13.1% of the total toy market in 2022; and arts & crafts, construction toys, and board games will hold a total of 30.5% for the same period. Tags How are Solar Panels made? Solar Panel Manufacturing, How to Start a Solar Panel Manufacturing Company, Solar Panel Manufacturing & Production, Solar Panel Manufacturing Plant Cost, Solar Panel Manufacturing Process Pdf, Solar Panel Manufacturing Equipment, Solar Panel Manufacturing Process PPT, Solar Panel Manufacturing Process Project Report, Solar Panel Manufacturing in India, Solar Panels Manufacturing, Manufacturing of Solar Panels, Solar Product Manufacturing, Solar Panel Technology, How Solar Panels are Manufactured? Production of PV Panels, How to Start Kids Electronic Toys Factory, Electronics Toys Manufacturing Business, Electronic Toys & Games Manufacturing Industry, Electronic Toys Manufacture, Electronic Toys Manufacturing Plant, How to Start a Toy Manufacturing Business in India, Electronic Toys Production, How to Start Toys Business in India, Solar Panel Production, Solar Cell & Module Production, Solar Panel Manufacturing Unit, Solar Panel Energy Production, Solar Industry, Project Profile on Solar Items, How to Start Up a Solar Panel Manufacturing Industry? 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Plating on Plastics, Electroplating on Plastics Silver & Gold Plating on Pvc And Nylon-6

The Gold is a relatively scarce yellow metal. Often found in the native State, which is the most malleable of all metals. It is extremely corrosion resistant but it may be desolved by aqua-regia, potassium cyanide solution and in aquos solution of the halogens bromine and Iodine. The metal does not form a coherent oxide film on its surface even at very high temperature and therefore it has a very low contact resistant. Nylon which come in the polyamide group of plastics are now available in some 100 formulations for injection moulding and extrusion for those end-uses where toughness, frictional characteristics and other properties of the materials are desired. Nylon-6 or Poly eaprolactum is chemically denoted as [NH(CH2)5Co]x. PVC known as polyvinyl chloride is the largest branch of the vinyl polymers and copolymers. The PVC are available in a wide range of formulations flexible or rigid, all characterized by excellent water and chemical resistance strength, and self extinguishability. Plastic materials which are defined as a solid which can be pressed or moulded into any shape are classed as Thermoset plastics and Thermo-Plastics. Nylon-6 and PVC are the most commonly used Thermoplastics along with HDPE, LDPE, polystyrene and Acrylic polymers. As is known it is quite possible to plate in some fashion on virtually any type of solid, whether it be metal ceramic, rubber, wood, glass or plastic. And there are many methods other than electroplating such as vercuum metalizing, silvering plating over conductive point, and metal spraying that have been used to metalize solids. Silver & gold plating of plastics is an important aspect of plating on Non-conductors. The problem of electroplating on non-conductors is initially to provide a more or less adherent conductive coating on the substrate by non-electrolytic means, so that conventional electroplating methods can be applied just as to any metallic substrate.
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Electroplating of Gold & Their Chemical Treatment in Golden Colour on Silver Thread

Electroplating is the process of coating one metal or metal object with a very thin layer of another metal, typically by applying a direct electric current. This partially dissolves the metals and creates a chemical bond between them. The coating applied by electroplating is usually around 0.0002 inches thick. Gold plating, called gold electroplating, relies on a chemical process to combine various layers of metal into a solid piece with a layer of gold resting on the surface. In all gold plating, the part is polished and cleaned as thoroughly as possible before the electroplating process starts. Gold plating will look uneven and smudged if the surface is dirty, oily, scratched or otherwise damaged. Gold plating can be added to almost any metal, including brass, copper or nickel. Silver items can also be gold-plated.
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Granite & Marble Chips

Granite is a common type of felsic intrusive igneous rock that is granular and phaneritic in texture. Granites can be predominantly white, pink, or gray in color, depending on their mineralogy. The word "granite" comes from the Latin granum, a grain, in reference to the coarse-grained structure of such a holocrystalline rock. Strictly speaking, granite is an igneous rock with between 20% and 60% quartz by volume, and at least 35% of the total feldspar consisting of alkali feldspar, although commonly the term "granite" is used to refer to a wider range of coarse-grained igneous rocks containing quartz and feldspar. Marble chips (White Limestone) are mostly made up of calcium carbonate, which is an alkaline compound. Being alkaline, it reacts with hydrochloric acid to produce calcium chloride, water and carbon dioxide. Calcium chloride is white, water and carbon dioxide are colorless. Large lumps of marble chips are crushed to smaller and all impurities are removed from it. Due to its glistening feature, it can be used in beautifying any landscape and also as building material for sculpture. Premium White Marble Chips, prized for its many uses has been quarried for thousands of years. The Romans and Greeks used it for sculpting and architecture. The global granite market size was valued at US$14.76 billion in 2016, and this figure is expected to reach US$17.68 billion by 2021. Over the past five years, the global granite market maintained a strong annual growth rate of 3.3% from US$13.39 billion in 2013. The market growth is mainly driven by the surging construction and renovation activities in developed countries, rapid industrialization and urbanization in developing countries, changing consumer preference for natural looking home décor, and the growing commercial value of granite products in the global market.
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Granite & Marble Chips

Granite is a common type of felsic intrusive igneous rock that is granular and phaneritic in texture. Granites can be predominantly white, pink, or gray in color, depending on their mineralogy. The word "granite" comes from the Latin granum, a grain, in reference to the coarse-grained structure of such a holocrystalline rock. Strictly speaking, granite is an igneous rock with between 20% and 60% quartz by volume, and at least 35% of the total feldspar consisting of alkali feldspar, although commonly the term "granite" is used to refer to a wider range of coarse-grained igneous rocks containing quartz and feldspar. Marble chips (White Limestone) are mostly made up of calcium carbonate, which is an alkaline compound. Being alkaline, it reacts with hydrochloric acid to produce calcium chloride, water and carbon dioxide. Calcium chloride is white, water and carbon dioxide are colorless. Large lumps of marble chips are crushed to smaller and all impurities are removed from it. Due to its glistening feature, it can be used in beautifying any landscape and also as building material for sculpture. Premium White Marble Chips, prized for its many uses has been quarried for thousands of years. The Romans and Greeks used it for sculpting and architecture. The global granite market size was valued at US$14.76 billion in 2016, and this figure is expected to reach US$17.68 billion by 2021. Over the past five years, the global granite market maintained a strong annual growth rate of 3.3% from US$13.39 billion in 2013. The market growth is mainly driven by the surging construction and renovation activities in developed countries, rapid industrialization and urbanization in developing countries, changing consumer preference for natural looking home décor, and the growing commercial value of granite products in the global market.
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Investment Opportunity in Bicycle and Cycle Rickshaw Manufacturing Industry

Investment Opportunity in Bicycle and Cycle Rickshaw Manufacturing Industry. Best Industry for Starting a Business. Bicycles are one of the world's most popular modes of transportation, with some 800 million bicycles outnumbering cars by two to one. Bicycles are also the most energy-efficient vehicle—a cyclist burns about 35 calories per mile (22 calories per km), while an automobile burns 1,860 calories per mile (1,156 calories per km). Bicycles are used not only for transportation, but for fitness, competition, and touring as well. They come in myriad shapes and styles, including racing bikes, all-terrain bikes, and stationary bicycles, as well as unicycles, tricycles, and tandems. Bicycles are widely used for transportation, recreation, and sport. Throughout the world, bicycles are essential to moving people and goods in areas where there are few automobiles. Intensifying traffic congestion issue and elevating fuel prices are foreseen to remain the key factors driving the need for cycling, and raising the demand for bicycles thereby. Growing health concerns among consumers, in addition to surging acceptance of green transportation in an effort to reduce carbon footprint, will play a pivotal role in the growth of global bicycle market in next eight years. Moreover, increasing government support encouraging adoption of bicycles and rapid development of dedicated cycling infrastructure in developed as well as developing economies will reportedly push the sales of bicycles in upcoming years. A growing application base of bicycles in trekking and recreational activities, coupled with a soaring number of cycling events will specifically uplift the demand for sports bicycles in near future. A bicycle is a common mode of transport for people in rural areas particularly within low income societies, but is continuously gaining traction in urban areas as well especially among successful and affluent people. The Indian bicycle market comprises of mainly roadsters, fancy, kids and other types of bicycles. Other bicycles include cycles meant for different purposes like mountain bikes, sports bike, hybrid bike, touring bike, etc. The categorization of bicycle market can be done based on end user viz. retail sector and institutional sector. Retail sector encompasses residents or people who buy bicycles for their personal use or for their near and dear ones from retail outlets. Whereas institutional sales are usually done in bulk and the prospective customers include Central or State Governments or societies or clubs at times. The bicycle market in India is projected to grow at a CAGR of over 11%, during 2016-2021, on account of growing population base, increasing discretionary spending and rising health consciousness among people. In India, cycling is being swiftly adopted as a means to stay fit and as a popular recreational activity. Further, many of state governments have started construction of dedicated bicycle lanes in major cities to encourage cycling, as an environment friendly means of transportation. Large share of the country’s total population is based in rural areas, where roadster bicycle is an important mode of transportation. With constant increase in volume demand for roadster bicycles in India, the segment is anticipated to continue dominating India bicycle market. Due to unavailability of efficient transportation facilities and appropriate road network in rural part of India, roadster bicycles are extensively used for transportation. Moreover, many state governments have also distributed bicycles to school children India, one of the fastest growing economies in the world, is witnessing high demand for sports bicycle. Growing focus on fitness and health, and increasing trend of using cycles to commute to work is projected drive sales of sports bicycles in the country during the coming years. On the back of growing demand for sports bicycles in the country, many international players have introduced their products in India bicycle market. Although, India has emerged as one of the major manufacturers of bicycles in the world, the country imports considerable number of high-end or premium bicycles from other countries to address domestic demand for high end bicycles. As sharing and rental services are currently gaining higher traction in the global bicycle market, stakeholders are increasingly striving to adapt to this trend. Moreover, a large number of corporate embracing cycling as a sustainable alternative to commute will be a significant factor impacting the sales of bicycles in next few years. At a moderate CAGR of 4.2%, the global market for bicycle will attain the revenue approaching US$ 80 Bn during 2018-2026. The market was valued at around US$ 55 Bn in 2017 and holds optimistic growth prospects over the assessment period. The global bicycle market is expected to grow moderately over the next few years. Adoption of a healthy lifestyle among people has given rise to fitness consciousness. Increasing popularity of mountain biking as a sport has propelled the sales of marketing bikes. Additionally, rising fuel costs, increased congestion on roads, lack of parking space, etc., are some of the drivers expected to spur bicycle market growth. Another key factor that is expected to drive this market is the increased focus on eco-friendly means of transportation in order to curb pollution. Bicycles are emerging as alternatives for shorter distance transportation that cause no pollution. Moreover, regulatory initiatives to promote cycling in order to reduce harmful carbon emissions and noise pollution are expected to be favorable for industry growth. In most of the developed countries, there has been a strong cycling facilities construction and bicycle facilities have received good support from the Governments. High energy efficiency along with perception of cycling as a fitness activity has contributed to increase in demand. Increasing costs of raw materials and growing demand and popularity of fuel driven bikes or motor bikes may hamper market growth in the coming years. The absence of cycling tracks in most parts of developing countries like India due to saturation of road width and inability of further road expansion can be a hindrance to the growth of this market. The Cycle Rickshaw is a small-scale local means of transport; it is also known by a variety of other names such as bike taxi, velotaxi, pedicab, bikecab, cyclo, beca, becak, trisikad, or trishaw. A Cycle Rickshaw is often hailed as environment-friendly and an inexpensive mode of transportation. Since it is considered as Indian traditional ride they are almost used in each and every part of India which includes villages, small towns, metros, heritage sites etc. In metros these are used inside institutional areas, market places and also in narrow and crowded lanes where there is accessibility problem for vehicles. Cycle Rickshaw - Doorstep service. - Convenient for Local Shopping. - Important Source of livelihood for the Poor. - Cost Efficient. - Poor Man’s Taxi. - Safe Transport for Local Schools. - Use for Garbage Collection. - Inexpensive and convenient mode of carrying goods over short distances. - A Tourist Attraction. - A Home and Rest Place Away from Home. - They do not require petroleum fuel and are thus inherently non-polluting. There are guesstimates that close to 1 million cycle rickshaws ply on the Indian roads carrying about 3-4 billion passengers-km/year. In some cities they are the major means of transport. They provide employment to about 700,000 rickshaw pullers, are very maneuverable and are completely non-polluting and hence environmentally friendly means of transport. It is very unfortunate that deliberate policies in most of the urban towns have been made by the concerned authorities to phase out these rickshaws. Hence these nonpolluting vehicles are being replaced by polluting (both air and noise wise) petrol and diesel powered 3wheelers. One of the reasons for authorities to phase out these rickshaws is because they are considered humanly degrading. An electric cycle rickshaw can take care of this issue besides providing extra income to a rickshaw puller. Cycle rickshaws also play a crucial role in employment and poverty alleviation in many countries in Asia. In most developing countries, the rickshaw pullers are migrant workers from rural areas looking for employment in urban areas. Rickshaws are one of the most important contributors to the Bangladeshi economy; nearly 6 % of Bangladesh’s GDP is contributed by rickshaw pullers. Around 20 % of the Bangladeshi population relies directly or indirectly on rickshaw pulling. Tags Bicycle Manufacturing Process Pdf, Bicycle Manufacturing Project Report, How are Bicycles made? Bicycle Manufacturing Business Plan, Manufacturing Process of Bicycle, Bicycle Industry, Bicycle Manufacture Business Plan, Bicycle Manufacturing, Bicycle Manufacture, Bicycle Manufacturing Industry, How to Start Bicycle Factory, Bicycle Manufacturing Industry, Bicycle Production, Cost of Setting Up a Bicycle Manufacturing Plant, Bicycle Plant, Project Profile on Bicycle Production, Rickshaw Manufacturing Company, How to Start Rickshaw Manufacturing Business, Bicycle Manufacturing Project Report, Bicycle Manufacturing Business, Bicycle Business Opportunity in India, How to Start Your Own Bicycle Business, Cycle Rickshaw, Bicycle and Cycle Rickshaw Manufacturing, Cycle Rickshaw Manufacture, Cycle Rickshaw Factory, Bicycle and Cycle Rickshaw Project Report, Rickshaw Manufacturing Company, Project Report on Bicycle Manufacturing Industry, Detailed Project Report on Rickshaw Manufacturing, Project Report on Rickshaw Manufacturing, Pre-Investment Feasibility Study on Bicycle Manufacturing, Techno-Economic feasibility study on Bicycle Manufacturing, Feasibility report on Rickshaw Manufacturing, Free Project Profile on Bicycle Manufacturing, Project profile on Rickshaw Manufacturing, Download free project profile on Bicycle Manufacturing
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Investment Opportunity in Bicycle and Cycle Rickshaw Manufacturing Industry

Investment Opportunity in Bicycle and Cycle Rickshaw Manufacturing Industry. Best Industry for Starting a Business. Bicycles are one of the world's most popular modes of transportation, with some 800 million bicycles outnumbering cars by two to one. Bicycles are also the most energy-efficient vehicle—a cyclist burns about 35 calories per mile (22 calories per km), while an automobile burns 1,860 calories per mile (1,156 calories per km). Bicycles are used not only for transportation, but for fitness, competition, and touring as well. They come in myriad shapes and styles, including racing bikes, all-terrain bikes, and stationary bicycles, as well as unicycles, tricycles, and tandems. Bicycles are widely used for transportation, recreation, and sport. Throughout the world, bicycles are essential to moving people and goods in areas where there are few automobiles. Intensifying traffic congestion issue and elevating fuel prices are foreseen to remain the key factors driving the need for cycling, and raising the demand for bicycles thereby. Growing health concerns among consumers, in addition to surging acceptance of green transportation in an effort to reduce carbon footprint, will play a pivotal role in the growth of global bicycle market in next eight years. Moreover, increasing government support encouraging adoption of bicycles and rapid development of dedicated cycling infrastructure in developed as well as developing economies will reportedly push the sales of bicycles in upcoming years. A growing application base of bicycles in trekking and recreational activities, coupled with a soaring number of cycling events will specifically uplift the demand for sports bicycles in near future. A bicycle is a common mode of transport for people in rural areas particularly within low income societies, but is continuously gaining traction in urban areas as well especially among successful and affluent people. The Indian bicycle market comprises of mainly roadsters, fancy, kids and other types of bicycles. Other bicycles include cycles meant for different purposes like mountain bikes, sports bike, hybrid bike, touring bike, etc. The categorization of bicycle market can be done based on end user viz. retail sector and institutional sector. Retail sector encompasses residents or people who buy bicycles for their personal use or for their near and dear ones from retail outlets. Whereas institutional sales are usually done in bulk and the prospective customers include Central or State Governments or societies or clubs at times. The bicycle market in India is projected to grow at a CAGR of over 11%, during 2016-2021, on account of growing population base, increasing discretionary spending and rising health consciousness among people. In India, cycling is being swiftly adopted as a means to stay fit and as a popular recreational activity. Further, many of state governments have started construction of dedicated bicycle lanes in major cities to encourage cycling, as an environment friendly means of transportation. Large share of the country’s total population is based in rural areas, where roadster bicycle is an important mode of transportation. With constant increase in volume demand for roadster bicycles in India, the segment is anticipated to continue dominating India bicycle market. Due to unavailability of efficient transportation facilities and appropriate road network in rural part of India, roadster bicycles are extensively used for transportation. Moreover, many state governments have also distributed bicycles to school children India, one of the fastest growing economies in the world, is witnessing high demand for sports bicycle. Growing focus on fitness and health, and increasing trend of using cycles to commute to work is projected drive sales of sports bicycles in the country during the coming years. On the back of growing demand for sports bicycles in the country, many international players have introduced their products in India bicycle market. Although, India has emerged as one of the major manufacturers of bicycles in the world, the country imports considerable number of high-end or premium bicycles from other countries to address domestic demand for high end bicycles. As sharing and rental services are currently gaining higher traction in the global bicycle market, stakeholders are increasingly striving to adapt to this trend. Moreover, a large number of corporate embracing cycling as a sustainable alternative to commute will be a significant factor impacting the sales of bicycles in next few years. At a moderate CAGR of 4.2%, the global market for bicycle will attain the revenue approaching US$ 80 Bn during 2018-2026. The market was valued at around US$ 55 Bn in 2017 and holds optimistic growth prospects over the assessment period. The global bicycle market is expected to grow moderately over the next few years. Adoption of a healthy lifestyle among people has given rise to fitness consciousness. Increasing popularity of mountain biking as a sport has propelled the sales of marketing bikes. Additionally, rising fuel costs, increased congestion on roads, lack of parking space, etc., are some of the drivers expected to spur bicycle market growth. Another key factor that is expected to drive this market is the increased focus on eco-friendly means of transportation in order to curb pollution. Bicycles are emerging as alternatives for shorter distance transportation that cause no pollution. Moreover, regulatory initiatives to promote cycling in order to reduce harmful carbon emissions and noise pollution are expected to be favorable for industry growth. In most of the developed countries, there has been a strong cycling facilities construction and bicycle facilities have received good support from the Governments. High energy efficiency along with perception of cycling as a fitness activity has contributed to increase in demand. Increasing costs of raw materials and growing demand and popularity of fuel driven bikes or motor bikes may hamper market growth in the coming years. The absence of cycling tracks in most parts of developing countries like India due to saturation of road width and inability of further road expansion can be a hindrance to the growth of this market. The Cycle Rickshaw is a small-scale local means of transport; it is also known by a variety of other names such as bike taxi, velotaxi, pedicab, bikecab, cyclo, beca, becak, trisikad, or trishaw. A Cycle Rickshaw is often hailed as environment-friendly and an inexpensive mode of transportation. Since it is considered as Indian traditional ride they are almost used in each and every part of India which includes villages, small towns, metros, heritage sites etc. In metros these are used inside institutional areas, market places and also in narrow and crowded lanes where there is accessibility problem for vehicles. Cycle Rickshaw - Doorstep service. - Convenient for Local Shopping. - Important Source of livelihood for the Poor. - Cost Efficient. - Poor Man’s Taxi. - Safe Transport for Local Schools. - Use for Garbage Collection. - Inexpensive and convenient mode of carrying goods over short distances. - A Tourist Attraction. - A Home and Rest Place Away from Home. - They do not require petroleum fuel and are thus inherently non-polluting. There are guesstimates that close to 1 million cycle rickshaws ply on the Indian roads carrying about 3-4 billion passengers-km/year. In some cities they are the major means of transport. They provide employment to about 700,000 rickshaw pullers, are very maneuverable and are completely non-polluting and hence environmentally friendly means of transport. It is very unfortunate that deliberate policies in most of the urban towns have been made by the concerned authorities to phase out these rickshaws. Hence these nonpolluting vehicles are being replaced by polluting (both air and noise wise) petrol and diesel powered 3wheelers. One of the reasons for authorities to phase out these rickshaws is because they are considered humanly degrading. An electric cycle rickshaw can take care of this issue besides providing extra income to a rickshaw puller. Cycle rickshaws also play a crucial role in employment and poverty alleviation in many countries in Asia. In most developing countries, the rickshaw pullers are migrant workers from rural areas looking for employment in urban areas. Rickshaws are one of the most important contributors to the Bangladeshi economy; nearly 6 % of Bangladesh’s GDP is contributed by rickshaw pullers. Around 20 % of the Bangladeshi population relies directly or indirectly on rickshaw pulling. Tags Bicycle Manufacturing Process Pdf, Bicycle Manufacturing Project Report, How are Bicycles made? Bicycle Manufacturing Business Plan, Manufacturing Process of Bicycle, Bicycle Industry, Bicycle Manufacture Business Plan, Bicycle Manufacturing, Bicycle Manufacture, Bicycle Manufacturing Industry, How to Start Bicycle Factory, Bicycle Manufacturing Industry, Bicycle Production, Cost of Setting Up a Bicycle Manufacturing Plant, Bicycle Plant, Project Profile on Bicycle Production, Rickshaw Manufacturing Company, How to Start Rickshaw Manufacturing Business, Bicycle Manufacturing Project Report, Bicycle Manufacturing Business, Bicycle Business Opportunity in India, How to Start Your Own Bicycle Business, Cycle Rickshaw, Bicycle and Cycle Rickshaw Manufacturing, Cycle Rickshaw Manufacture, Cycle Rickshaw Factory, Bicycle and Cycle Rickshaw Project Report, Rickshaw Manufacturing Company, Project Report on Bicycle Manufacturing Industry, Detailed Project Report on Rickshaw Manufacturing, Project Report on Rickshaw Manufacturing, Pre-Investment Feasibility Study on Bicycle Manufacturing, Techno-Economic feasibility study on Bicycle Manufacturing, Feasibility report on Rickshaw Manufacturing, Free Project Profile on Bicycle Manufacturing, Project profile on Rickshaw Manufacturing, Download free project profile on Bicycle Manufacturing
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Biofertilizer and Phosphate Rich Organic Manure (PROM)

Bio-fertilizers are selective live micro-organism like bacteria, fungi and algae. They provide a cost effective, eco-friendly & renewable source of nutrients. Bio-fertilizers improve the nutrient availability to the crops in which biological process is involved. Bio-fertilizers help in fixing atmospheric nitrogen, converting soil phosphate and potash into soluble forms to make them available to plants. Phosphate rich organic manure is a type of fertilizer used as an alternative to diammonium phosphate and single super phosphate. Phosphate Rich Organic Manure is produced by co-composting high-grade (32% P2O5 ± 2%) rock phosphate in very fine size (say 80% finer than 54 microns). The biofertilizers market was valued at USD 946.6 Million in 2015; the market is projected to grow at a CAGR of 14.08% from 2016 to 2022. With the increasing pressure on global food production and development in technologies of fertilizer production, the demand for fertilizers is expected to increase, which in turn would enhance the growth of the biofertilizers market. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Abellon Agrisciences Ltd. • Agro Extracts Ltd. • Champion Agro Ltd. • Good Value Mktg. Co. Ltd. • Jupiter Biotech Ltd. • Jutlibari Tea Co. Ltd.
Plant capacity: Bio Fertilizer (Liquid) : 1000 Kgs./Day Bio Fertilizer (Solid) : 1000 Kgs./Day Micronutrients (Liquid) : 1000 Kgs./Day Micronutrients (Solid): 1000 Kgs./Day Organic Fertlizier (Liquid): 1000 Kgs./Day Organic Fertlizier (Solid):1000 Kgs./DayPlant & machinery: 183 lakhs
Working capital: -T.C.I: Cost of Project : Rs 492 lakhs
Return: 27.00%Break even: 48.00%
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  • 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
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  • 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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