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

Manipur is a state in north Eastern India, with the city of Imphal as its capital. Manipur has been at the crossroads of Asian economic and cultural exchange for more than 2500 years. It has long connected Indian subcontinent to Southeast Asia, enabling migration of people, cultures and religions. Manipur is primarily an agrarian economy, with significant hydroelectric power generation potential.

The natural vegetation occupies an area of about 14,365 km² which is nearly 64% of the total geographical area of the state. The vegetation consists of a large variety of plants ranging from short and tall grasses, reeds and bamboos to trees of various species. Broadly, there are four types of forests - Tropical Semi-evergreen, Dry Temperate Forest, Sub-Tropical Pine and Tropical Moist Deciduous.


DEMOGRAPHIC PROFILE

Manipur has population of 25.7 Lakhs, an increase from figure of 22.94 Lakh. Total population of Manipur as per 2011 census is 2,570,390 of which male and female are 1,290,171 and 1,280,219 respectively.

Total area of Manipur is 22,327 sq. km. Density of Manipur is 115 per sq km which is lower than national average 382 per sq km. In 2001, density of Manipur was 103 per sq km.

Of the total population of Manipur state, around 67.55 percent live in the villages of rural areas. In actual numbers, males and females were 878,469 and 857,767 respectively. Total population of rural areas of Manipur state was 1,736,236. In rural areas of Manipur, literacy rate for males and female stood at 83.39 % and 67.03 %. Average literacy rate in Manipur for rural areas was 76.20 percent. Total literates in rural areas were 1,142,564.

TOURISM

Least touched and least discovered Manipur promises to be the great tourist discovery of the21st century. An oval shaped valley surrounded by blue green hills, rich in art and tradition has inspired description such as the Switzerland of the East with its cascading rapids, tripling rivers, varieties of flowers, exotic blooms and lakes. The people of Manipur include Meitei, Nagas, Kuki-Chin-Mizo and Gorkhas groups and Muslims and other colorful communities which have lived in complete harmony for centuries.

The Ministry of Tourism has five Regional offices located at Kolkata (East), Mumbai (West), Delhi (North), Chennai (South) and Guwahati (North East), which are headed by an officer of the level of Deputy Director General designated as Regional Director.

Domestic tourists intending to visit Manipur by road via Dimapur/Kohima require Inner Line Permits to pass through Nagaland. These are issued by the Liaison officers of the Government of Nagaland at New Delhi, Calcutta, Guwahati, Shillong and the Sub-divisional officer (Civil), Dimapur, deputy Commissioner, Imphal can also issue permits to tourists traveling by road from imphal to Kohima and Dimapur in Nagaland.

INDUSTRY SECTOR

The Information Technology and IT Enabled Services sector in India is looking towards Tier-II and Tier-III cities to meet the growing demands of the industry for sourcing its required skilled manpower. The youth of Manipur have not only excelled in the field of Sports, but have already established a noticeable presence in the ITES industry in India.

Manipur State is striving to score higher on being business-friendly in terms of the available IT infrastructure. These include:

•        Software Technology Parks of India (STPI) unit of Imphal with Earth station and OFC connectivity.

•        Up gradation of IT infrastructure at Imphal to provide modern Business-ready built-up office space for IT/ITES firms.

•        Internet on the move – Various Telcos like BSNL, Tata Indicom, Airtel etc. are providing Wireless Internet across the State.

A high rate of unemployment exists in Manipur, particularly among the educated youth. According to the Live Register of Employment Exchange, the total number of educated job-seekers were recorded as 5, 83.65 thousands.

Manipur is rich in natural resources but due to difficult terrain, inadequate infrastructural facilities and varying climatic conditions, the state could not develop much in the industrial sector of its economy. In the initial stage, Govt. policy in the state was one of revival and revitalization of the traditional handlooms and handicrafts of the local habitats. The contribution of the manufacturing sector to the total gross state domestic product at current prices is found to be 6.17 percent. The trend of industrial development and the present local conditions of the state and in consonance with industrial policy of the Government of India, the Govt. of Manipur in its policy announcement of 1990, has decided to focus attention to the small scale and agro-based industries without discouraging the medium and large-scale industries. It is expected to serve the objective of employment generation and dispersal of industries in rural and urban areas. The state has laid emphasis on creating a strong industrial base and employment opportunities in the state through provision of various growth inducing factors based on locally available resources. It is based on locally available raw materials and minerals. In order to promote rapid industrialization, the State Government has over the years been offering attractive package of incentives and concessions to invigorative industries.

The khadi and Village Industries Commission (KVIC) was established by the Govt. of India in the year 1957. The Khadi and Village Industries is not only providing employment to people in rural and semi-urban areas at low investment per job, but also utilizes local skill resources and provides part-time as well as full time work to rural artisans, women and minorities.

The traditional sector of industries falls within the purview of organizations such as Khadi and Village Industries Commission. The KVIC include artisans in tiny industrial units and defines it as any industry located in a village or town inhabited by population not exceeding 10000 which produces goods and renders services with or without the use of power in which the fixed capital per head does not exceed Rs.15000.

Growth Centres are large villages or small towns which have the potential to become the nuclei for the socio-economic development of the surrounding area. The Growth Centres can be identified by the different orders with respect to the quality and quantity of services and facilities, service area and population. A growth centre of lowest order should have services such as agricultural input centre, primary and middle school, maternity and child care centres and daily market.

Small-Scale Industries (SSI) is an important segment of the economy, contributing substantially in the form of production, employment and exports. It has continued to play a vital role in the fulfillment of socio-economic objectives. The principal factor for defining small-scale Industries has always been based on the size of investment. Small-Scale Industries are those industries whose investment in fixed assets such as plants and machineries does not exceed Rs.100.00 lakhs (Rs.1 Crore). Investment in plant and machinery in respect of industry related Small-Scale Service and Business Enterprises (SSSBE) were increased to Rs.10.00 lakhs from Rs.5.00 lakhs. For speedy growth of small-scale industries, the Government has already brought about simplifications in the SSI registration procedures.

The State Government has introduced this Policy with various components being offered such as, incentives, improved infrastructure facilities, supply of quality power, and credit flow from Bank and Financial institutions, better market linkages and to boost investor confidence.

The Government of Manipur desire Manipur to be a preferred destination for industrial and trade activities and achieving to the aspiration of the people of Manipur, thereby affording to –

•        All round economic development and to improve living standards.

•        To create employment opportunities, skill development and self

•        Employment opportunities.

•        Optimal utilization of both natural and physical resources.

OBJECTIVE OF INDUSTRIAL POLICY

•        Develop adequate infrastructures to ensure planned and accelerated industrial development.

•        Promote maximum capital investment in the State for economic activities resulting in employment opportunities, improving standard of living of people at large and all-round development of the State.

•        Promote modernization and technology up-gradation of existing industrial units.

•        Encourage quality control, standardization and competitiveness of local products.

•        Promote eco-friendly industries.


INDUSTRIAL ACTIVITIES IDENTIFIED AS THRUST AREAS

•             Agro based industry 

•             Bio-Technology industries.

•             Floriculture. 

•             Handloom and Handicraft.

•             Medicinal Plants.

•             Distillation of oils from aromatic plants.

•             Mineral based industries.

•             Information Technology Trade and Commerce under Export Import mechanisms.

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.
We can also prepare project report on any subject as per your requirement.

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Buffing & Polishing Compound

These compounds can be used to smooth and/or shine metals, plastic, wood, and other materials. The names buffing compound and polishing compound are used interchangeably and refer to fine abrasive fillers combined with greases which are formed into solid bars or liquid. Polishing is the process which removes surface material, improving the surface and preparing it for buffing. This is generally a coarse operation involving sandpaper and/or coarse polishing compounds. Buffing is a process which makes the surface smooth producing a high luster and mirror finish if desired. This is done with the use of buffing wheels and buffing compounds. Buffing can be divided into two steps; cut buffing and color buffing.
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Corrosion Controlling Chemicals (Pipe Lines)

Corrosion control solutions protect the lifetime and productivity of your assets by reducing equipment failure, maximizing production time, and reducing leaks and spills. By combining innovative chemistries, knowledgeable experts and continuous monitoring, we ensure the right chemical treatment program is implemented to solve your corrosion challenge. The global corrosion inhibitors market size was USD 5.99 billion in 2015 and is expected to show significant growth over the forecast period owing to rising metal processing, power generation, and construction sector. Corrosion inhibitors have been gaining popularity over the past few years, as it increases the service life of equipment by forming a protective layer on the surface. Increasing application in water treatment, power generation, refining, construction and mining industries will stimulate product demand over the next eight years.
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Ferrous Sulphate

Ferrous sulfate is mainly used as a precursor to other iron compounds. It is a reducing agent, and as such is useful for the reduction of chromate in cement to less toxic Cr(III) compounds. Historically ferrous sulfate was used in the textile industry for centuries as a dye fixative. It is used historically to blacken leather and as a constituent of ink. The preparation of sulfuric acid ('oil of vitriol') by the distillation of green vitriol (Iron(II) sulfate) has been known for at least 700 years. Ferrous Sulphate Market is predicted to grow at a CAGR of 10-15% from 2018 to 2023.
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Rubber Band

Rubber band manufacturing is one of the viable small scale business concepts which any of the aspiring entrepreneurs can explore for a successful business setup. The best part of starting a rubber band manufacturing business is that it can easily be started at home with fewer machinery and very small investment. So if you are the person who wants to be your own boss, then this is another small business idea which can help you to succeed at large. The rubber band is the most commonly used item in our daily life and most importantly at present, there is no other substitute product for rubber bands. The market potentiality of rubber band manufacturing is huge and every year it is growing in high scale due to the increase in demand.
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Plastic Spectacle Frame

Plastic frames are affordable and come in a variety of styles and colors. Like metal frames, there are numerous types of plastics; whichever one works for you depends on your personality. One of the options that is known for being sturdy and lightweight is zyl. It is both cost-effective and stylish, coming in a variety of colors and shapes. Another option is nylon plastic. Also lightweight and strong, nylon plastic is virtually unbreakable and; thus, popular among athletes. Unfortunately, though, nylon frames tend to weaken over time due to sun exposure and are only available in darker colors because of its material. Another plastic frame option is acetate – they are hypoallergenic and come in a variety of colors and can really make a bold statement. A structure in plastic for enclosing or supporting ophthalmic lenses. Common materials include carbon fibre composite materials, which are a mixture of principally carbon and nylon in different percentages, cellulose acetate, cellulose propionate, nylon, epoxy resin (trade name Optyl), and Perspex and Plexiglas (which are both trade names for acrylic plastics containing mainly polymethyl methacrylate). The rise in disposable income has resulted in the increased purchase of eyeglasses, especially spectacle frames and sunglasses, which are perceived as a fashion accessory. Consumers are likely to buy a new set of eyeglasses or replace the old ones. Furthermore, the growing preferences of luxury and branded sunglasses are contributing significantly to the eyewear demand. Consumers are exhibiting preferences towards the premium product segment and are willing to spend more on these products. Vendors have introduced innovative eyewear products to cater to various needs of the customers.
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Metal Spectacle Frame

Metal frames are basically the classic in the glasses world, they are like what a Ford Thunderbird is to the car world. They are the most durable. They come in variety of metals, including titanium, flexon, and stainless steel. These frames typically have more options available when it comes to texture, patterns and colors. The great option is flexon, which is considered a memory metal. It is strong, flexible, lightweight and hypoallergenic, perfect for the athlete (or those of us who want to pretend that we are athletes). There are stainless steel frames. These frames are also lightweight and corrosion resistant and great for a budget friendly person. Metal is expected to surpass USD 30 billion by 2024. Increasing preference for thin and lightweight material is anticipated to propel demand. Flexibility and durability along with aesthetic appearance are among the key features driving product penetration. Monel is the most common metal frame used globally and estimated to hold 18% of industry share in 2016. It is a mixture of many different materials as a result fairly corrosion resistant and is malleable enough to be durable and adjustable. Trivex are expected to grow at over 3.5% up to 2024. Increasing material demand owing to UV radiation absorption and impact-resistant properties will fuel the product demand.
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Tomato Powder

Tomato powder is manufactured by dehydrating tomato and creating a fine powder. Tomato powder is one of the most widely used ingredient in food and beverage industry. It is rich in flavor which has increased its application in various product lines such as seasonings and savories, soup mixes, snack foods, curries and gravies, baby foods and many more. Tomatoes have high levels of glutamic acid, which is the molecule that creates a majority of the umami taste. Tomato powder is the most effecient way to store dehydrated tomatoes. The powder consists of just one ingredient: dehydrated natural tomatoes. It’s an awesome option not only for replacing tomato juice, paste, and sauce, but it can also add flavors in unexpected places. Tomato powder has a wide range of application in food and beverage industry owing to its rich flavoring attribute. Moreover, tomato contains a lot of health promoting phytochemicals and is rich in anti-oxidants which helps to keep skin cells healthy and keep ageing at bay. This has contributed to the growth of tomato powder market in cosmetic industry. Moreover, its use as a healthy supplement is bringing surge in the tomato powder market.
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Rolling Mill

A rolling mill which uses the "hot rolling" method is capable of processing more gross weight of metal than any other manufacturing process. Rolling mills which use the "cold rolling" method can process the most tonnage from the entire range of cold working processes. There are many types of rolling processes used in rolling mills, including ring rolling, roll bending, roll forming, profile rolling, and controlled rolling. Rolling is a metal forming process in which metal stock is passed through one or more pairs of rolls to reduce the thickness and to make the thickness uniform. The concept is similar to the rolling of dough. Rolling is classified according to the temperature of the metal rolled. If the temperature of the metal is above its recrystallization temperature, then the process is known as hot rolling. If the temperature of the metal is below its recrystallization temperature, the process is known as cold rolling. In terms of usage, hot rolling processes more tonnage than any other manufacturing process, and cold rolling processes the most tonnage out of all cold working processes.
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Tobacco Tooth Powder, Tooth Powder from Tobacco Dust

In India, there is a widespread misconception that tobacco is good for the teeth. Tobacco products are popular as a dentifrice in different parts of India and children also use such dentifrices. Among female smokeless tobacco users, the dominating form is tobacco toothpowder (41.3%). Among men it was khaini (57.1%) followed by tobacco toothpowder (8.8%). Many companies take advantage of this misconception and exploiting the addictive nature of nicotine by packaging and positioning their products as dental care products without explicitly stating so. Oral hygiene has assumed great importance in Indian households in the recent past and fast moving consumer goods (FMCG) companies are arming themselves to the teeth to capture a large share of this fast growing market. India oral care market has shown tremendous growth by value & volume in last few years in FMCG sector of India. Growing oral care market is driven by change in life style of consumers, demand of premium products, rising of disposable income etc. Penetration level of oral care products in urban area is high. India Oral care market is fragmented in 5 categories includes toothpaste, toothbrushes, toothpowder, mouthwash and others. Toothpaste is dominant in oral care market. It is a primary product in daily oral hygiene has huge presence in urban and rural area. Increasing health and personal oral hygiene, Indians are now more aware how their diet affecting their teeth and mouth. Indian is now willing to pay more for prevention attention. This has helped toothpaste category to grow drastically in oral care 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
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Information
  • 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
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • 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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