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Best Business Opportunities in Kuwait, Middle East - Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship

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E-Waste Recycling Plant

Electronic wastes, "e-waste", "e-scrap", or "Waste Electrical and Electronic Equipment" ("WEEE") is a description of surplus, obsolete, broken or discarded electrical or electronic devices. Technically, electronic "waste" is the component which is dumped or disposed or discarded rather than recycled, including residue from reuse and recycling operations. Land filling e-waste, one of the most widely used methods of disposal, is prone to hazards because of leachate which often contains heavy water resources. Even state-of-the-art landfills which are sealed to the long-term. The rising levels of e-waste generation in India have been a matter of concern in recent years. With more than 100 crore mobile phones in circulation, nearly 25 per cent end up in e-waste annually. “India has surely emerged as the second largest mobile market with 1.03 billion subscribers, but also the fifth largest producer of e-waste in the world, discarding roughly 18.5 lakh metric tonnes of electronic waste each year, with telecom equipment alone accounting for 12 per cent of the e-waste’’. E-Waste Market in India 2015-2019 research, the need to prevent biological hazards is one of the major trends upcoming in this market. Newer methods of preventing biological hazards have emerged over the years. Growing need to reduce toxins discharged from unattended e-waste has triggered more investment in the market.
Plant capacity: Copper Wire:1.67 MT/day Plastic Granules:7.43 MT/day Glass :3.23 MT/day Ferrous Metal Plant & machinery: 131 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1272 lakhs
Return: 26.00%Break even: 30.00%
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Bicycle Manufacturing

Bicycles are one of the oldest forms of transportation. Even today millions of people travel by bicycle daily to their work, college, universities and distant places. Today there are different types of cycle for different kind of cycling experiences. No matter what type of cycle you choose be it a mountain bicycle, road bicycle, hybrid bicycle or transporting bicycle basic bicycle spare parts are the same. The bicycle is the most efficient human-powered means of transportation in terms of energy a person must expend to travel a given distance. From a mechanical view point, up to 99% of the energy delivered by the rider into the pedals is transmitted to the wheels, although the use of gearing mechanisms may reduce this by 10–15%. The Indian bicycle industry is worth around Rs. 20 bn, and annually sells about 15.5 mn units. The premium bicycling market constitutes around 5% of the total bicycle market and is estimated at around Rs. 1 bn in India. Bicycle maker Starkenn to set up plant near Pune (Maharashtra). The plant will be operational by 2016. The company produces 35,000-45,000 cycles per year. The company sells bicycles priced between Rs. 25,000 and Rs. 1.1 mn bicycles are made of aluminum frames. Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian major players are as under • Avon • Roadmaster • Atlas • Hero • Hercules • Street Cat
Plant capacity: Bicycles (Different Sizes): 2000 Nos./dayPlant & machinery: 336 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1589 lakhs
Return: 29.00%Break even: 56.00%
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Bicycle and Cycle Rickshaw Manufacturing

A Bicycle, is a human-powered, pedal-driven, single-track vehicle, having two wheels attached to a frame, one behind the other. Bicycles are one of the oldest forms of transportation. Even today millions of people travel by bicycle daily to their work, college, universities and distant places. 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. The Indian bicycle industry, the second largest in the world, produces around 10 to 14 mn units annually. China leads with a production of over 50 mn units. The total world market is estimated at close to 100 mn units. The bicycle market in India is expected to register a CAGR of more than 8% in terms of value during the forecasted period of 2016-17 to 2021-22. 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. Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian major players are as under • Atlas Cycles (Sonepat) Ltd. • Avon Cycles Ltd. • Cycle Corporation Of India Ltd. • Deepak International Ltd. • Dewan Steels Ltd. • Eastman Industries Ltd.
Plant capacity: Bicycles (Different Sizes): 1000 Nos. /Day Cycle Rickshaw: 1000 Nos. DayPlant & machinery: Rs 336 lakhs
Working capital: N/AT.C.I: Cost of Project: Rs 1525 lakhs
Return: 27.00%Break even: 63.00%
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E-Waste Recycling Plant

Electronic wastes, "e-waste", "e-scrap", or "Waste Electrical and Electronic Equipment" ("WEEE") is a description of surplus, obsolete, broken or discarded electrical or electronic devices. Technically, electronic "waste" is the component which is dumped or disposed or discarded rather than recycled, including residue from reuse and recycling operations. Land filling e-waste, one of the most widely used methods of disposal, is prone to hazards because of leachate which often contains heavy water resources. Even state-of-the-art landfills which are sealed to the long-term. The rising levels of e-waste generation in India have been a matter of concern in recent years. With more than 100 crore mobile phones in circulation, nearly 25 per cent end up in e-waste annually. “India has surely emerged as the second largest mobile market with 1.03 billion subscribers, but also the fifth largest producer of e-waste in the world, discarding roughly 18.5 lakh metric tonnes of electronic waste each year, with telecom equipment alone accounting for 12 per cent of the e-waste’’. E-Waste Market in India 2015-2019 research, the need to prevent biological hazards is one of the major trends upcoming in this market. As a whole any entrepreneur can venture in this project without risk and earn profit.
Plant capacity: Monitors: 5 Kgs /Day Plastic Granules: 2333.33 Kgs /Day Copper Wire Scraps: 13.33 Kgs /Day Glass from CRT: 133.33 Kgs /Day Other Metals: 566.67 Kgs /DayPlant & machinery: 100 lakhs
Working capital: -T.C.I: Cost of Project : Rs 325 lakhs
Return: 18.00%Break even: 55.00%
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Medical Disposables (Gowns/Drapes)

Surgical gowns are worn by doctors and nurses in the operating theater to address a dual function of preventing transfer of microorganisms and body fluids from the operating staff to the patient, and also from patient to staff. A surgical drape is a covering made of a disposable non-woven material and is used to cover the area of a patient. A drape usually has a fenestration (an opening) to allow the surgeon to perform the operation. Drapes also vary from hospital to hospital. For example, for an eye operation, a drape measuring 15 sq. in. Medical Nonwoven Disposables Market size is set to exceed USD 12.5 billion by 2024; according to a new research report by Global Market Insights, Inc. Increasing number of baby boomers highly susceptible to suffer from incontinence condition will serve as high impact rendering factor for the medical nonwoven disposables market growth. Thus, due to demand it is best to invest in this project.
Plant capacity: Surgeon Gowns: 250 Pcs./Day Pateint Gowns: 300 Pcs./Day Pillow Covers: 700 Pcs./Day Surgeon Caps: 1000 Pcs./DayPlant & machinery: 204 lakhs
Working capital: -T.C.I: Cost of Project: Rs 492 lakhs
Return: 27.00%Break even: 51.00%
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Plastic Waste Recycling Plant

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. Few Indian major players are as under • F C L Technologies & Products Ltd. • Futura Polymers Ltd. • Garden Polymers Pvt. Ltd. • Golkonda Engineering Enterprises Ltd. • Himalayan Packaging Inds. Pvt. Ltd. • Himalayan Skincare Pvt. Ltd.
Plant capacity: Plastic Granules: 2400 Kgs/Day PET Granules: 2400 Kgs/DayPlant & machinery: 97 lakhs
Working capital: -T.C.I: Cost of Project : Rs 238 lakhs
Return: 27.00%Break even: 55.00%
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Manufacturing Business of Medical Disposables

Manufacturing Business of Medical Disposables. IV Cannula. Cannula Manufacturing System The IV cannula itself is a small flexible tube that surrounds a trocar needle used to puncture the skin. The cannula has a fitting that can be connected to more tubing or a port for medication administration once the needle has been removed. Aside from aiding in hydration and administering medication, a cannula can also be used to obtain blood samples for testing. Intravenous (IV) cannulation is a technique in which a cannula is placed inside a vein to provide venous access. Venous access allows sampling of blood, as well as administration of fluids, medications, parenteral nutrition, chemotherapy, and blood products. A cannula is a tube that can be inserted into the body, often for the delivery or removal of fluid or for the gathering of data. In simple terms, a cannula can surround the inner or outer surfaces of a trocar needle thus extending the effective needle length by at least half the length of the original needle. It is also called an intravenous IV cannula. Its size mainly ranges from 14 to 24 gauge. Different-sized cannula have different colours as coded. ‘Cannula’ and ‘catheter’ both mean exactly the same thing– a flexible tube inserted into the body to administer or withdraw fluids or to keep another tube patent. Intravenous cannulation is a technique in which a cannula is placed inside a vein to provide venous access. Venous access allows sampling of blood as well as administration of fluids, medications, parental nutrition, chemotherapy, and blood products. In general, the smallest gauge of catheter should be selected for the prescribed therapy to prevent damage to the vessel intima and ensure adequate blood flow around the catheter, which reduces the risk of phlebitis. In an emergency situation or when patients are expected to require large volumes infused over a short period of time, the largest gauge and shortest catheter that is likely to fit the chosen vein should be used. There are four types of IV Catheter: Peripheral Catheter, Midline Peripheral Catheter, and Peripherally Inserted Central Catheter & Central Venous Catheter. Uses and Applications A venous cannula is inserted into a vein, primarily for the administration of intravenous fluids, obtaining blood samples and administering medicines. An arterial cannula is inserted into an artery, commonly the radial artery, and is used during major operations and in critical care areas to measure beat-to-beat blood pressure and to draw repeated blood samples. IV Cannula has veterinary use, nasal or oral use too. Cannula can also be used for piercing. The common uses are rapid transfusion of blood, transfusion of IV drugs. Paediatric patients or adults with small veins undergoing long term medication or blood transfusion are subjected to IV Cannula. It is also used on oncology patients undergoing Chemotherapy. Few Indian Major Players are as under:- • La Medical Devices Ltd. • Lifeline Injects Ltd. • Sangam Health Care Products Ltd. • Span Medicals Ltd. • Surgiplast Ltd. Market Outlook The Indian market for peripheral intravenous catheters (PIVCs) is split up into 2 segments: conventional PIVC and safety PIVC. PIVCs are inserted in veins and arteries. An arterial access site is utilized in patients that require blood pressure monitoring. Firmer catheters are preferred for arterial access. A venous access site is utilized for infusing fluids, providing antibiotic treatment and other standard procedures. In 2016, safety PIVCs represented 12% of the total market for PIVCs, with the remaining balance represented by conventional PIVCs. Growth in the unit sales of advanced materials PIVCs is expected to drive gains in the share of safety PIVCs over the forecast period. The global peripheral I.V. catheter market was valued at $3,702.2 million in 2015, and it is expected to grow at a CAGR of 6.0% during the period 2016 - 2022. The global market is increasing, due to growing geriatric population and increasing incidence of chronic diseases. In addition, the growing demand for injectable drugs in comparison to the oral medications, increasing healthcare expenditure and technological advancements in peripheral I.V. catheter is encouraging the growth of the global peripheral I.V. catheter market. Tags IV Cannula Manufacture, IV Cannula Manufacturing Plant, Project Report on IV Cannula Manufacturing, Production Plant of IV Cannula, IV Cannula Manufacture in India, How to Manufacture Disposable Surgical Devices, Catheter Manufacturing, Medical Device Manufacturing, Catheter Manufacturing Process, Cannula Manufacturing, Disposable syringe with Needle, IV Cannula Manufacture, IV Solutions Factory, Production of IV Catheter, Medical Disposable Products, How to Start IV Catheter Production Plant, Catheter Production, Project Report on Manufacturing Medical Plastic Catheters Syringes, Medical Device Manufacturing, IV Cannula Assembling, How catheter is made, Start a Disposable Syringes Manufacturing Business, Peripheral Intravenous Cannula, Cannula manufacture, IV Cannula Tube cutting, Cannula Industry, Medical Device Business, Cannula Manufacturing Industry, IV Cannula Manufacturing project ideas, Projects on Small Scale Industries, Small scale industries projects ideas, IV Cannula Based Small Scale Industries Projects, Project profile on small scale industries, How to Start IV Cannula Manufacturing Industry in India Catheter Production Projects, New project profile on Catheter Production industries, Project Report on IV Cannula Manufacturing Industry, Detailed Project Report on IV Cannula Manufacturing, Project Report on Catheter Production, Feasibility report on Catheter Production, Free Project Profile on Catheter Production, Project profile on IV Cannula Manufacturing, Download free project profile on IV Cannula Manufacturing, Industrial Project Report, Project consultant, Project consultancy, NPCS, Niir, Process technology books, Small Business Ideas that are Easy to Start, How to Start Business in India, Top Small Business Ideas in India for Starting Your Own Business, Top Easy Small Business Ideas in India, Small Investment Big Returns, Top Best Small Business Ideas in India, Business Ideas With Low Investment, How to Get Rich?, Low Cost Business Ideas, Simple Low Cost Business Ideas, Top Small Business Ideas Low Invest Big Profit in India Smart Business Ideas, Very Low Budget Best Business Ideas, Business consultancy, Business consultant, Project identification and selection, Preparation of Project Profiles, Startup, Business guidance, Business guidance to clients, Startup Project for IV Cannula Manufacturing, Startup Project, Startup ideas, Project for startups, Startup project plan, Business start-up, Business Plan for a Startup Business, Great Opportunity for Startup, Small Start-up Business Project, Project report for bank loan, Project report for bank finance, Project report format for bank loan in excel, Excel Format of Project Report and CMA Data, Project Report Bank Loan Excel, Detailed Project Plan Report
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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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. Tags Project Report on Wooden Furniture Manufacturing Unit, Wooden Furniture Manufacture in India, Furniture Manufacturing Process, Wooden Furniture Manufacturing Process, Production of Wood Furniture, Wooden Furniture Production, Manufacture of Wooden Furniture, Wood Furniture Manufacturing, Wood Furniture Manufacturing Plant, Furniture Manufacturing Plant, Wood Furniture Manufacturing Industry, Wooden Furniture Industry, Manufacturing Process of Furniture, Wood Processing and Furniture Manufacturing, Wooden Furniture Manufacturing Company, Furniture Industry, How to Start Furniture Making Business, How to Start Furniture Manufacturing Business, How to Start Furniture Manufacturing Factory, How to Start Furniture Manufacturing Business in India, Furniture Making Business Plan, Wooden Furniture Production, Furniture Factory, Most Profitable Wood Furniture Manufacturing Business Idea, Furniture Manufacturing Company, Wooden Furniture Manufacturing Plant, Furniture Manufacture, Furniture Manufacturing project ideas, Projects on Small Scale Industries, Small scale industries projects ideas, Furniture Manufacturing Based Small Scale Industries Projects, Project profile on small scale industries, How to Start Wooden Furniture Manufacturing Industry in India, Furniture Manufacturing Projects, New project profile on Wooden Furniture Manufacturing industries, Project Report on Furniture Manufacturing Industry, Detailed Project Report on Wooden Furniture Manufacturing, Project Report on Wooden Furniture Manufacturing, Pre-Investment Feasibility Study on Wooden Furniture Manufacturing, Techno-Economic feasibility study on Furniture Manufacturing, Feasibility report on Wooden Furniture Manufacturing, Free Project Profile on Wooden Furniture Manufacturing, Project profile on Wooden Furniture Manufacturing, Download free project profile on Furniture Manufacturing, Industrial Project Report, Project consultant, Project consultancy, Startup Project for Furniture 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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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
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Return: 1.00%Break even: N/A
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