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

Why should start a business in Mauritius

Mauritius, with a population of 1.2 million people, is one of Africa's developed countries. People of Mauritius are recognised for their friendliness and tolerance. It is ranked top in the African area out of 47 countries. It attracts a large number of tourists due to its beautiful beaches. Mauritius' economy is a mixed developing economy based on exports, agriculture, financial services, and tourism.

Agriculture continues to play a significant role in Mauritius' economy, even as the island's manufacturing sector grows and the island becomes a more popular tourist destination. Consequently Despite the fact that it welcomes all investors, Mauritius is one country that defies the trend. The tiny island nation is usually cited as an example of Africa's success. Getting closer to developing economies necessitates Also, look into the advantages of the type of business you choose. The government has compiled a list of the types of businesses you can create in Mauritius to help you make an informed selection. Mauritius' economic growth, as measured by the average annual rate of GDP growth, has been steady in recent years. It boasts one of the most open and efficient business environments in the region. The value of goods and services exported and imported accounts for 94.9 percent of GDP. Mauritius offers a skilled population and a diverse range of low-risk firms that can yield substantial profits. Mauritius' prosperity stems mostly from its stable government, begin a business Mauritius is a great place to establish a business. Textiles, food processing, apparel, chemicals, metal products, transportation equipment, tourism, and non-electrical machinery are all major businesses

 

What are the natural resources in Mauritius

Mauritius' land is one of the country's most valuable natural resources. Minerals are among of Mauritius' most important natural resources, according to the economy. One of the most valuable natural resources is natural beauty. Sugarcane, bananas, and corn are among the principal crops farmed in Mauritius. The Ministry of Agro-Industry and Food Security was established by the Mauritius government to oversee the agricultural sector. Mauritius' forests are one of the most important natural resources, aside from the agricultural area inside its borders. According to estimates, woods cover over 20% of Mauritius' total land area, and the country's forested acreage has decreased considerably. Several measures have been taken to mitigate the effects of fast deforestation. In Mauritian woods, exotic trees such as eucalyptus, beefwood, Moreton Bay pine, and Japanese cedar were introduced. Mauritius is a one-of-a-kind African country in that it is forced to import wood products due to high demand.

 

What are the business opportunities in Mauritius?

 

Mauritius is a very beautiful country with many tourist attractions for everyone who chooses Mauritius as their finest business destination. Mauritius' GDP has been stable for a few years, with a mixed, strong, and developed economy — when it comes to financial services, Mauritius offers incredible business opportunities in a variety of sectors, including agro industries, logistics and distribution services, manufacturing and light engineering, seafood and aquaculture, IT & BPO, financial services, healthcare, medical travel, property development, hospitality, renewable energy, and the environment.

Agriculture, tourism, real estate, and exports are the first three. Mauritius is a small island nation where the majority of goods are imported from all over the world. As a result, delivery services are always in high demand.

(2) Deliver larger products in order to make a profit. Everything you'll need for

this business possibility

(3)Oil and oil-based products are employed in a variety of industries, including transportation and industry. As a result, such products will always be in demand, making it a solid investment option. You can make a lot of money if you can import these products and repackage them into smaller cans.

(4) Restaurant or any food trade in an economy dominated by tourists. You can start with a food cart, which does not require a lot of money. Make sure your menu is diverse enough to appeal to everyone, especially foreigners who might enjoy a taste of their native country's cuisine now and then. Develop your brand, and when you're ready, a restaurant might be a good fit.

Mauritius is the

(5) fifth country on the list. Medical equipment

Manufacturing of high-end medical gadgets is a lucrative possibility in Mauritius because it is a world-renowned tourist destination and people visit this lovely country even for medical tourism.

 

What businesses are successful in Mauritius

Mauritius has seen an infusion of foreign firms and economic progress in recent years. Restaurants and hotels, as well as the building industry, are booming. Costa Cruises has announced that its first cruise ship will be built in Port Louis. While the economy has been improving, there are still lots of prospects for foreigners who wish to start their own company. Construction, hospitality, education, and medical services are among the businesses where foreigners can operate with little competition. If you're thinking about launching a business in Mauritius, you should know that tourism is one of the country's most important businesses. It draws over 1.2 million tourists each year, providing a significant source of revenue for people employed in restaurants, hotels, tour companies, real estate offices, and other businesses. more. You may get started with relatively little capital if you have experience as a hotel manager or sales representative at a luxury resort, or if you can offer premium tourism activities like diving tours or helicopter rides through your company. You could also explore creating a health-care-related business. All three industries are solid and in high demand both in Mauritius and internationally. Oil and oil-based products are employed in a variety of industries, including transportation and industry. In Mauritius, business is booming and profitable.

 

IsMauritius good for business?

Mauritius is a highly developed and successful country with an Internet café where you may set up PCs and other devices with a high-speed internet connection. Even if some people rely on their laptops and cellphones for online services, farming is becoming increasingly simple to maintain and cost-effective as technology advances. Chicken rearing for meat and eggs, snails, fruit processing, flower exports, cattle for meat and milk, and vegetable processing are all viable businesses to pursue. Tutoring is becoming more popular around the world every day, and you may cash in on it as a lucrative business opportunity.

 

Business-Friendly Policies and Government Initiatives;

The Mauritius government, particularly the Ministry of Investment, Trade and Industry (MITI), has established a number of business-friendly laws and programmes to attract entrepreneurs to start enterprises or relocate existing operations. The MITI also supports a number of organisations that assist entrepreneurs in establishing new enterprises, registering and operating them, expanding international trade, exporting, importing, or selling their products locally, hiring local or international personnel, and so on. Setting a shop in Mauritius has a number of significant advantages for enterprises. The government has made it simple for non-residents and foreigners to start and run enterprises in the country by providing tax breaks and payroll exemptions. Internationally, there are no minimum capital requirements; they can export, import, or sell their products locally; they can engage local or foreign personnel; and so on. Mauritius is a highly developed and successful country with an Internet café where you may set up PCs and other devices with a high-speed internet connection. Even if some people rely on their laptops and cellphones for online services, farming is becoming increasingly simple to maintain and cost-effective as technology advances. Chicken rearing for meat and eggs, snails, fruit processing, flower exports, cattle for meat and milk, and vegetable processing are all viable businesses to pursue. Tutoring is becoming more popular around the world every day, and you may cash in on it as a lucrative business opportunity. etc. These organisations also provide assistance to existing firms, such as free legal advice on how to comply with various rules and regulations, money for capital expenditures such as technology upgrades or machinery acquisitions, and advice on how to scale up operations by increasing production.

 

7 Industrial Infrastructure Mauritius

 

Plastics and food goods are two examples. International shipping is associated with offshore financial activity. Mauritius is at a critical juncture in its development. Manufacturing and the larger industrial sector must be crucial to the national aim of maintaining high income status by 2030, which necessitates a creative, well-resourced, and well monitored industrial strategy. According to international trade data, Mauritius has performed admirably in terms of products exports and imports. In reality, India was the leading importer of goods from Mauritius in 2013-14, followed by France and South Africa, respectively. In addition, India was placed first as the top exporter of goods to Mauritius, followed by South Africa and France. This obviously demonstrates that India is a viable option for starting a business in Mauritius. Sugar, textiles, clothes, footwear, and tourism are the principal industries. The island is noted for producing some of the world's most valuable gemstones, such as rubies (Mogok) and sapphires (Chamarel). Sugar cane processing accounts for roughly 12% of industrial activity; textiles, cement, and other products are also manufactured.

 

What are the steps for Starting a Business Mauritius?

Mauritius has exhibited an increase in international trade figures. To start a business in Mauritius, you must first figure out what items or services your potential clients would want or want. You can either perform market research to see how many people are interested in your product, find businesses that already provide your idea and see how they do, or use secondary data such as government data on high-growing sectors and GDP growth estimates. Choose one of these three alternatives once you've determined what type of business is most likely to succeed: Starting your own business may appear to be a simple undertaking, but it requires perseverance and drive. Take note of these helpful hints for launching your own company in Mauritius. Make sure you're aware of any legislation that may apply to your company: It's critical to be informed of government rules that may have an impact on how you conduct your company.

Certain firms, for example, require special licences or permits before they can open their doors; if this applies to you, make sure you apply as soon as possible. Mauritius is slowly but steadily becoming a component of corporate expansion initiatives in a variety of industries. If you're considering extending your company's activities overseas and have considered Mauritius, you should reconsider because Mauritius is no longer only a tourist destination. In fact, starting a business in Mauritius has become more pro-business over time. 1) Decide on a name and register it with the appropriate government institutions.

 

(2)Open a bank account and submit an application for an employer identification number (EIN). If necessary, purchase insurance to protect your company's assets and personnel.

 

(3)Obtain the necessary licences and permits from local authorities in order to operate your business, such as health department licences and construction permits.

(4) Promote your company.

 

(5) Market your company


Market size of Mauritius

Mauritius' economy has already displayed signs of environmental stress in areas such as water, fisheries, and forests. This study analyses significant socio-economic areas that may be responsible for environmental degradation and, as a result, natural resource depletion.

The global economy can be defined as the sum of all activities that occur both within and between countries. The Mauritian economy is divided into several sectors, each with its own industrial production, labour market, financial market, resources, and environment. 

Textiles, tourism, financial and business services, information and communication technology, seafood processing, real estate development, energy, and education/training are the most important. The Mauritius government (GoM) is stressing innovation as a foundation for long-term success. Mauritius claims to be the only island in the Indian Ocean. Mauritius. Make sure you're aware of any legislation that may apply to your company: It's critical to be informed of government rules that may have an impact on how you conduct your company. Certain firms, for example, require special licences or permits before they can open their doors; if this applies to you, make sure you apply as soon as possible. Mauritius is slowly but steadily becoming a component of corporate expansion initiatives in a variety of industries. If you're considering extending your company's activities overseas and have considered Mauritius,

you should reconsider because Mauritius is no longer only a tourist destination. In fact, starting a business in Mauritius has become more pro-business over time. 1) Decide on a name and register it with the appropriate government institutions.

(2) Open a bank account and submit an application for an employer identification number (EIN). If necessary, purchase insurance to protect your company's assets and personnel.

(3) Obtain the necessary licences and permits from local authorities in order to operate your business, such as health department licences and construction permits.

(4) Promote your company.

(5) Market your company

 

Industrial growth

Mauritius' economy is diverse, with services, industry, and tourism each accounting for roughly one-third of GDP. Since its independence in 1968, the country has witnessed remarkable economic growth. It had a GDP per capita (PPP) of $13,846 in 2011 and a life expectancy of 74 years. Mauritius is at a critical juncture in its development. Manufacturing and the larger industrial sector must be crucial to the national aim of maintaining high income status by 2030, which necessitates a creative, well-resourced, and well monitored industrial strategy. Mauritius' economy, which is largely open and free-market, is based on tourism and textiles. Agriculture generates less than 3% of total output and employment. For local consumption, sugar, citrus, tea, rice, corn, and other food crops are farmed. Mauritian items were exported to a variety of countries. Japan, Malaysia, and France are three of the most populous countries in the world. By promoting foreign investment, the government hopes to develop high-value-added industries (such as medicines). Mauritius has no natural resources that can be exploited, thus it must rely on imported petroleum products to supply its energy needs. Recent underwater oil deposit finds may pave the way for the creation of a local petroleum sector in the future years. High growth rates (5–6% per year) have recently been attained. This result was achieved after three decades of dedicated work by successive governments.

Mauritius is a very beautiful country with many tourist attractions for everyone who chooses Mauritius as their finest business destination. Mauritius' GDP has been stable for a few years, with a mixed, strong, and developed economy — when it comes to financial services, Mauritius offers incredible business opportunities in a variety of sectors, including agro industries, logistics and distribution services, manufacturing and light engineering, seafood and aquaculture, IT & BPO, financial services, healthcare, medical travel, property development, hospitality, renewable energy, and the environment. Agriculture, tourism, real estate, and exports are the first three. Mauritius is a small island nation where the majority of goods are imported from all over the world. As a result, delivery services are always in high demand.Deliver larger products in order to make a profit. Everything you'll need for

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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Paper Napkins, Toilet Rolls & Facial Tissue - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Paper is one of the necessities of civilization and it is almost impossible to imagine the continuance of a world with out a printed books and news papers. Facial and toilet tissue papers fall in the category of light weigh sanitary tissue and comprise of items viz facial tissue, sanitary tissue, table napkins such varieties of papers are normally unsized and manufactured in soft, loosely felted conditions. Industries manufacturing paper napkins, toilet paper rolls, facial tissues as well as cigarette and wrapping paper etc. are dependant on tissue paper. It is concluded that there is good domestic and export demand of paper napkins, toilet rolls and facial tissue. The industry may be classed as very prospective.
Plant capacity: 1000 Kgs/DayPlant & machinery: Rs. 6 Lakhs
Working capital: Rs. 38 LakhsT.C.I: Rs. 53 Lakhs
Return: 96.61%Break even: 25.40%
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Paper Napkins - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics

Tissue paper is often used for wrapping as in jewellery, liquors, fruits and florist trades etc. Napkins are manufactured from tissues. Paper napkins are becoming very popular in the catering industry as they are absorbent, hygienic, light and has visual appeal. Paper napkins are used in hotels, restaurants, as a substitute for handkerchief, homes etc. The per capita consumption of paper and paper products are increasing in India and demand for napkins alone has been recorded as 25,000 tonnes. There is good scope for entrepreneurs in this field.
Plant capacity: 400 Kgs./ DayPlant & machinery: --
Working capital: -T.C.I: -
Return: 43.88%Break even: 47.25%
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Bicycle Tyres - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics

Bicycle tyre is the backbone of the cycle industries. There are few numbers of organized manufacturing companies are engaged in the quality grade cycle tyres and few unorganized private companies also engaged to manufacture bicycle tyres. Basic raw materials for bicycle tyre is natural rubber, synthetic rubber, carbon black, zinc oxide etc. It is used to assembling in the cycles as leg. It is the movable parts of the cycles by which cycles can run from one place to another. Basic Plant & machineries and technology indigenously available. The demand of bicycle tyres is increasing day by day. It is requires some new units establishment. There is good market potential as well as export potential. Good scope for new investment.
Plant capacity: 4000 Nos./DayPlant & machinery: Rs. 36 Lakhs
Working capital: Rs. 57 LakhsT.C.I: Rs. 163.0 Lakhs
Return: 59.50%Break even: 38.47%
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Detergent Cake & Washing Powder - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Plant Layout

Detergent are complete washing or cleaning products. The synthetic detergent industry is one of the largest chemical process industries. Some important uses of detergent cake and powder are in hand soaps and shampoo; special protective creams, like cold creams, varnishing creams; cosmetics; cleaning of glass, metal painted surfaces; washing and treatment of food; household washing; removal of gelatine films; making antiseptic soaps etc. Detergent are doing an infinitely superior job of cleaning. Present demand for detergent is 29,25,000 tonnes while that of soap is 12,55,000 tonnes. This industry has vast resources for earning profit and is a good investment policy for entrepreneurs.
Plant capacity: 600 Kgs/ DayPlant & machinery: Rs. 3 Lakhs
Working capital: Rs. 12 LakhsT.C.I: Rs. 28 Lakhs
Return: 35.06%Break even: 55.03%
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Wooden Furniture - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Layout

The furniture making is an ancient art in India before centuries. The expertise of India in manufacturing furniture was accepted by all the parts of the world. Wooden furniture is made in cottage and house holds industries. It is also made in small to large scale sectors. However, it is labour intensive industry and therefore has developed more in small and cottage sector than organized sector. The industry at present is concentrated much in the states of Tamil Nadu, Madhya Pradesh, Kerala, Maharashtra, West Bengal, Andhra Pradesh, U.P. and Gujarat. Wooden furniture provides very good domestic as well as export market scope subject to various designs it can be innovated and the price stability can maintain.??
Plant capacity: 20 Pcs/DayPlant & machinery: Rs. 4 Lakhs
Working capital: Rs. 5 LakhsT.C.I: Rs. 13 Lakhs
Return: 111.00%Break even: 26.99%
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Wooden Furniture (With Mediocre Automation) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

The term 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, cabinates etc. are made of wood. The furniture making is an ancient art in India before centuries, the expertise of India in manufacturing furniture was accepted by all the parts of the world. This type of industries are mostly free from pollution. Market demand of wooden articles are gradually increases, but there is short supply because of non-availability of proper woods, Wooden furniture is always enjoy a ready market and selling quality furniture with elegant get up trends an easy access to the consumer market. There is bright scope of export of wooden furniture. Any new entrepreneur may enter in this industry.
Plant capacity: 20 Articles/DayPlant & machinery: Rs. 13 Lacs
Working capital: Rs. 28.0 LacsT.C.I: Rs. 73 Lacs
Return: 42.81%Break even: 48.28%
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Oxygen and Nitrogen Gas Plant - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Oxygen (CO2, gas at 00/1 matm., 1.429g./l, crit. Pressure, 49.7 Matm.) is a colorless, odourless, and tasteless gas, somewhat heavier than air. It is one of the most active elements and plays on essential part in the respiration of living cells and in combustion. Oxygen is required for cutting and welding of steel materials for manufacturing and repairs is various industries. Ship repairing, fabrication works etc. require large amounts of oxygen. It is also required for medication purpose and deep sea driving. Nitrogen gas used in the production of ammonia which in turn is used for the manufacture of urea and ammonium phosphate, which are fertilizers of great use. It is used for blanketing hazardous chemicals which will an inert atmosphere. Liquid Nitrogen is also used to maintain low temperatures during the transportation of frozen food. Oxygen and Nitrogen are the most important industrial gases. At present there are 190 units in the country. As the quantity of oxygen required in integrated steel plants is huge. The excess oxygen is compressed and bottled in steel cylinders and supplied to engineering industries. There is a very good market for new entrepreneur.
Plant capacity: 1440 Cubie Meter/DayPlant & machinery: 50 Lacs
Working capital: 18 LacsT.C.I: 101 Lacs
Return: 18.19%Break even: 75.00%
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Fully Automatic Match Box With Match Sticks (Wooden Match Sticks & Waxed Strips) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials

The various sizes and type of match boxes are largely used in all the homes commercial section shops and industries. The Match phosphorus coating labels in two narrow sizes. General purpose match boxes are generally made by using paper boxes, match stick carrier or filler made by paper and soft wood pieces which is shunt fitted in the box, carrier content match sticks and filled in the carrier then covered by the paper to form match boxes. Tiny small and medium scale matches factories are available in India. This is very large common used items not only in India but through out the word. There is very negligible export or import is available of this product. 5% growth demand of match boxes in each year. There is very good scope for new entrants.
Plant capacity: 1500 Lacs/AnnumPlant & machinery: 86 lacs
Working capital: -T.C.I: 213 Lacs
Return: 42.00%Break even: 43.00%
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Paper Napkins, Facial Paper & Toilet Rolls From Tissue Paper Rolls - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study

Due to Govt. emphasis for popularizing tourism, number of new hotels, holiday resorts, restaurants etc. have demand of paper conversion products like Paper Napkins, facial paper etc. Paper napkins, facial paper & toilet rolls obtained from tissue paper are absorbent, lightweight & hygienic, Paper Napkin is used in hotels, restaurants and as a substitute of handkerchief. There is good demand of tissue paper rolls both internal & for export. So, there is good scope for new entrants.
Plant capacity: 2 Mt Toilet Rolls, 2 Mt Facial Paper, 6 Mt Paper Napkin (Per Day) Plant & machinery: Rs. 41 Lakhs
Working capital: -T.C.I: Rs. 600 Lakhs
Return: 69.00%Break even: 23.00%
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PACKAGED DRINKING WATER - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Water quality and quantity are interdependent, interacting elements of water system. The term water quality refers to the level of suitability of water for specified purposes. Use of mineral water gradually increase in India due so shortage of pure hygienic water and also increase the knowledge of water because pathogenic micro organisms, which are main reason of stomach problem. On this reason a part of the society stored so use safe drinking water i.e. mineral water. There is increase full life, major of the working group has to take travel from one place to another place, by this time they are now habituate to use mineral water. Major of the tourists are only habituated to take safe drinking waters. Packed bottled mineral water is the only main resources in our country to safe drinking water. On that base, it can be concluded that scope of mineral water will be much more increased in the future.
Plant capacity: 10000 Ltrs./dayPlant & machinery: Rs. 60 lakhs
Working capital: -T.C.I: Rs. 180 lakhs
Return: 43.00%Break even: 40.00%
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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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