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Projects for Small and Medium Enterprises (SME). Profitable Manufacturing Business Ideas to Start. Small Scale Industry. Business Ideas To Make Money.

Gone are the days when every graduate from a university or college was sure of getting employment. Rates of unemployment rates are on the rise in most countries across the globe. If you are still looking for a white-color job, you had better think twice.

As the world population grows at an exponential rate, the demand for goods and services grows too. There will hardly come a time when there will be more than enough food for the world market. Neither will there be a time when everyone will have enough clothes that he will not need to buy anymore.

There will always be diseases and sicknesses. I do not think there will ever come a time when there will be no more need to manufacture or sell drugs.

Self-employment allows you to put your skills and knowledge into more profitable business ideas to earn a decent living.

 In this article, I will show how you can start your own small manufacturing business. Here are the topics I will cover in this article.

  • How to start a profitable manufacturing business
  • How to build a small scale industry business plan
  • Project report on small scale industries
  • List of business ideas to make money

How to Start a Profitable Manufacturing Business?

Whenever you think of starting a business, the first thing that often comes to your mind is to start a merchant shop or store. Look around your neighborhood; you will notice there are more than enough shopping malls and retail shops.

Probably, it is time you thought of starting a small manufacturing business. You might think this is beyond your financial ability, but it is not. There are many small manufacturing ideas you can start with minimal input and grow it into the list of top manufacturing companies.

Here are some tips that will be helpful if you are keen on starting a manufacturing business.

1. Do a Market Survey to understand the Current Industry Trends

You need to identify the top manufacturing companies and the gaps either in manufacturing or in the market. The market review helps you identify the ideal, most profitable manufacturing business to start.

2. Identify your ideal Business Site

Ask yourself:

  • Where to set up your manufacturing plant.
  • Where you intend to sell your manufactured products.

3. Make a Management Plan

Small newly established manufacturing companies may not have the luxury to hire personnel in these positions. It would help if you had an alternative plan for these services.

4. Start with the Minimal Investment

You do not need a considerable sum of money to start. Lease some equipment and machinery instead of buying. Alternatively, you might buy older machines to begin with.

5. Work with Existing Manufacturers

You can negotiate for a partnership with the fastest-growing manufacturing companies. They help you create your brand and penetrate the market.

How to Build a Small-Scale Industry Business Plan?

If you understand what a business plan entails, it becomes easier for you to make one. You may need to consider the following ideas when building a manufacturing business plan.

1. Convert your small manufacturing business idea into a business concept. Know what you want to manufacture and how you will build it. It would help if you also considered the market potential for your industry.

2. Carry out a market survey to get a glimpse of market dynamics. This information helps you when you sit down to write a business plan. Identify the level of competition and the possible entry points in the market.

3. Review the financial implications of your investment. Make some cash flow projections and an overview of your balance sheet. You also need some estimate on when the industry is likely to break even.

Project Report on Small-Scale Industries

If at all, you are contemplating a small-scale industry, one of the necessary documents you need is a project report.

What is a project report?

An industry analysis project report is a fundamental analysis of a particular industry and its key players. A project report is usually part of a small-scale industry business plan.

Does a Small-Scale Industry need a Project Report?

The answer to this question is an emphatic yes. Your small-scale industry will be venturing into a business niche that others have entered before. It is a project report that will guide you in developing strategies on how to become the best small manufacturing business in an already competitive market.

Key components of a project report on small-scale industries

1. Description of the Industry

This should include the history, size, products, and geographical limitations of the industry. It also should feature the present platers in your niche and the gaps in the market.

2. Market analysis

Look at the current industry behavior in terms of productivity, technologies, and drivers of present and future competition.

3. Consumer demographics

To become the best manufacturing business, you need to find favor with your clients. Therefore, it is essential to understand your potential customers regarding their age, socioeconomic status, and purchasing behavior.

4. Future strategies

Lastly, a project report outlines future strategies to ensure the business's survival amid both expected and unexpected challenges.

List of Business Ideas to Make Money

You might have a plan to start your own small-scale business, but you have no idea what type of business to do. You can find numerous internet sites with a list of profitable manufacturing business ideas. There is, however, no single business idea that is fit-for-all.

In the next few paragraphs, I will show you how to develop your list of manufacturing business ideas that can work for you.

Step 1: Review your strong points

There are things you are strong in as well as things in which you are weak. You can either produce or sell a product or a service that works well with your strong points and has good returns. 

Step 2: Choose between Products and Services

If you prefer products to services, you again need to decide whether you want to start a manufacturing firm or a product retail firm. You will need to consider financial implications, human resource requirements, and market dynamics on deciding between product and service industries.

Step 3: Find a Gap

Do some industry analysis and identify a need in the industry that can serve as a doorway for entry. An example of a gap could be consumer dissatisfaction, an imbalance between demand and supply, or unavailability of a product or service in the market.

Step 4: Focus on the Future

Look at the current market trends and make predictions of future dynamics. Develop strategies that will sustain you over the next several decades.

 

 

Reasons for buying our reports:

This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, market potential of the product and reasons for investing in the product

This report provides vital information on the product like its characteristics and segmentation

This report helps you market and place the product correctly by identifying the target customer group of the product 

This report helps you understand the viability of the project by disclosing details like machinery required, project costs and snapshot of other project financials

The report provides a glimpse of government regulations applicable on the industry

The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decisions.

 

Our Approach:

Our research reports broadly cover Indian markets, present analysis, outlook and forecast for a period of five years.

The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players

We use reliable sources of information and databases. And information from such sources is processed by us and included in the report

 

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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Ice Cream & Ice Candy - 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

Ice-cream, though of a comparatively recent origin, is a popular food item among people. It is a frozen dairy product made by suitable blending and processing of ice-cream and other milk products together with sugar, flavor, stabilizer and air during agitation. Good quality and balanced ingredients are essential for manufacture of high quality ice cream, together with intelligent freezing and hardening of product. The process of production is simple and most of the production nowadays is being done by large and small scale industries. The availability of ice cream in hotels, restaurants, public places and social gatherings has increased its popularity over tea/coffee, soft drinks etc. With efficient marketing of the product, entrepreneurs are sure to realize profit in their business.
Plant capacity: 1200 Kgs./ DayPlant & machinery: Rs. 19 Lakhs
Working capital: Rs. 78 LakhsT.C.I: Rs. 127 Lakhs
Return: 41.62%Break even: 45.95%
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Welding Electrode - 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

Welding Electrodes are used in welding various metals in the fabrication of equipment for chemical and allied industries, construction of steel structures such as bridges, factory sheds, the manufacturing of ship. Vehicles and engineering equipment. Mild steel is welded by electrodes to a maximum among all the metals & alloys. Welding plays an important role in the growth and development of any industrial economy. Welding electrode are used in thermal, hydel & nuclear power plants etc. It is mainly produced by small scale sector, but the manufacturers of special purpose welding electrode are limited and insufficient demand-supply gap. There is bright scope for new entrepreneur and existing manufacturers.
Plant capacity: 1.20 MT/DayPlant & machinery: Rs. 14 Lakhs
Working capital: Rs. 21.00 LakhsT.C.I: Rs. 52 Lakhs
Return: 30.53%Break even: 56.33%
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Carbide Tips Inserts & Indexiable - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Plant Layout

Tungsten carbide is a compound of tungsten and carbon. Tungsten as such or tungsten ore is not available in India sufficiently. So it can be imported from European or near by countries. Tungsten carbide is used for manufacturing of cemented carbide, dies and cutting tools, wear resistant parts, cermets, electrical resistors and abrasives liquid. About 18 companies in organized sector are engaged in manufacturing of carbide coated machine tools as well as carbide tips. Product has very good domestic demand and bright future prospects. Therefore it is advisable to enter in this field.
Plant capacity: 1000 Nos./DayPlant & machinery: Rs. 24 Lakhs
Working capital: Rs. 24 LakhsT.C.I: Rs. 87 Lakhs
Return: 39.03%Break even: 50.93%
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Welding Electrode - 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

Welding Electrodes are used in welding various metals in the fabrication of equipment for chemical and allied industries, construction of steel structures such as bridges, factory sheds, the manufacturing of ship. Vehicles and engineering equipment. Mild steel is welded by electrodes to a maximum among all the metals & alloys. Welding plays an important role in the growth and development of any industrial economy. Welding electrode are used in thermal, hydel & nuclear power plants etc. It is mainly produced by small scale sector, but the manufacturers of special purpose welding electrode are limited and insufficient demand-supply gap. There is bright scope for new entrepreneur and existing manufacturers.
Plant capacity: 1200 MT/Annum (Welding Rods)Plant & machinery: Rs. 21 Lakhs
Working capital: -T.C.I: 165 Lakhs
Return: 49.00%Break even: 40.00%
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Aluminium Containers - 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

Cargo containers, an item which is essential for transporting of essential commodities form one country to the other country. Now a days export and import trade is increasing very fast. Accordingly demand of cargo containers is also increasing. Export growth is increasing 20% per annum. So demand of cargo is also increasing 20%. A new entrepreneur may launch in this business have good chance for selling and renting the cargo containers.
Plant capacity: 96 Containers/AnnumPlant & machinery: Rs. 47 Lakhs
Working capital: -T.C.I: Rs. 164 Lakhs
Return: 61.33%Break even: 32.23%
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LPG Valves - 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

LPG valves are made from brass by forging. The total production of valves has been established 9 million numbers per annum in the country. Against this production, the demand for valves has been worked out 470.50 numbers during 2000-2001. this gap will go on increasing, and then necessitating large scale imports of the valves, if new capacities are not created. So new entrepreneur can go ahead to put up a new unit to fulfill that demand supply gap.
Plant capacity: 1500 Nos/DayPlant & machinery: Rs. 54 Lakhs
Working capital: Rs. 31 LakhsT.C.I: Rs. 129 Lakhs
Return: 24.67%Break even: 61.77%
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Engine Coolant - 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 consumption of coolant is mainly estimated on the basis of automobile industry which has experienced a technological revolution in car manufacture. At present there are 2.5 million car running on Road and is expected to reach more 3.7 million number by 2000 A.D. Golden cruiser, puro gard, purocool are the key manufacturer of Engine coolant.
Plant capacity: 200 liters/DayPlant & machinery: Rs. 6.00 Lacs
Working capital: N/AT.C.I: Rs. 16.00 Lacs
Return: 1.00%Break even: N/A
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Automotive Carburetors - 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

Carburetors is a device that controls the power output and fuel feed of internal combustion spark-ignition engines generally used for automobiles, aircrafts and auxiliary services. The carburetor industry in India has witnessed an impressive growth both in terms of production and exports in recent years. The market size of auto-carburetors is confined to the petrol-driven vehicles, namely cars, jeeps, two and three wheelers. The current market size of carburetors is estimated at about five millions, of which ten percent is utilized by car and jeep and rest by two and three wheelers. The demand for carburetors would depend on vehicles in the replacement market only. However, carburetors can foresee a good future in the growing two and three-wheeler industry which cannot escape its use. Hence, the industry is flinching with changes in technology.
Plant capacity: 100 Nos./DayPlant & machinery: Rs. 29 Lakhs
Working capital: Rs. 17 LakhsT.C.I: Rs. 70.0 Lakhs
Return: 45.38%Break even: 38.12%
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Automobile Workshop - 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

Automobile workshop provide services of preventive maintenance of motor vehicles as well as for repairs and overhauls, Preventive maintenance cuts the down time and increases, life of the vehicle a reliable and well equipped automobile workshop is a must for this purpose. Usually such workshops particularly undertake servicing of cars with the active collaboration of cars manufacturers as an authorized service station. With the growth of automobile industry the potential for automobile workshop is also increasing in the same ratio. A well equipped workshop located at strategic position is need for every metro, mini-metro and major towns.
Plant capacity: 10500 Nos./AnnumPlant & machinery: Rs. 12 Lakhs
Working capital: Rs. 15 LakhsT.C.I: Rs. 106 Lakhs
Return: 39.55%Break even: 48.38%
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Activated Alumina - 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

Activated alumina is one of the various grades O alumina used extensively as industrial adsorbent because of their properties of large surface area and very fine pores. These two properties play an important role in making a chemical suitable for solvent. It is extensively used as decolorizing, drying or degumming of petroleum fractions like solvents, fuels, lubricants, wastes etc. In India the activated alumina is being manufactured by the limited firms only whose production is quite insufficient to meet the growing demand. The consumption is increasing rapidly while the production is not sufficient. In order to fill up the gap between demand and supply, few more units for the manufacture of activated alumina are needed.
Plant capacity: 3.0 Ton/DayPlant & machinery: Rs. 13 Lakhs
Working capital: Rs. 54 LakhsT.C.I: Rs. 88 Lakhs
Return: 80.01%Break even: 29.88%
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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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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Selection of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

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