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25 Profitable Fastest-Growing Industries for Small and Medium Scale Businesses: Opportunities for Entrepreneurship

Thursday, August 24, 2017

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The capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. The most obvious example of entrepreneurship is the starting of new businesses.

In economics, entrepreneurship combined with land, labor, natural resources and capital can produce profit. Entrepreneurial spirit is characterized by innovation and risk-taking, and is an essential part of a nation's ability to succeed in an ever changing and increasingly competitive global marketplace. In India, there is an increasing growth in the number of entrepreneurs.

Startup Projects for Small and Medium Scale Business in India:

Vermiculite

Vermiculite is compound of hydrated magnesium iron aluminium silicate. It is rarely available in India. Say almost nil. It is naturally available in the country of Montana, California, South Carolina, Wyoming, Colorado and South Africa…..Read more

LED Light Assembling

A light emitting diode (LED) is a device which converts electrical energy in to light. LEDs are preferred light sources for short distance (local area) optical fiber network because they are inexpensive, robust and have long life (the long life of an LED is primarily due to its being a cold device, i.e. its operating temperature being much lower than that of, say, an incandescent lamp), can be modulated (i.e. switched on and off) at high speeds….Read more

Granite Marble Cutting and Polishing Unit

The use of granite and other decorative stones has been increasing world over. India is endowed with vast deposits of these natural resources and is therefore, in a position to meet not only the domestic need but also to greatly enhance export……Read more

Disposable Paper Plate

Disposable cutlery and containers are products that are a part of our day to day life. Disposable items like cups, plates, saucers are being increasingly used. Such disposables items are made with easily degradable materials which are manmade products like paper from wood pulp, biomass etc…..Read more

Production of different grades of Lime from Limestone (Technical Grade Lime, Refractory Grade Lime, Agriculture Grade Lime, FCC Grade Lime)

Lime is manufactured from lime stone. Lime is mainly used for manufacture of hydrated lime. Hydrated lime is a dry powder obtained by treating quick lime with water. It consists essentially of calcium hydroxide and some magnesium hydroxide…..Read more

Magnesite from Magnesite Ore

The term magnesite is loosely used as synonym for magnesia as also the terms caustic calcined magnesite dead burn magnesite and synthetic magnesite. The term magnesium carbonate is generally reserved for synthetic pure variety…….Read more

Quartz Slabs

Engineered stone is a composite material made of crushed stone bound together by an adhesive, (most commonly polymer resin, with some newer versions using cement mix). The two common stones used in producing these products are marbles and quartz…..Read more

Bentonite Processing

Bentonite is essentially highly plastic clay containing not less than 85% clay mineral, montmorillonite. Bentonite is of a great commercial importance possessing inherent bleaching properties like fullers earth, hence, it is known as bleaching clay…..Read more

Gold Jewellery

Jewellery making is one of the oldest industries in India. It has been a traditional craft in India, each region in the country specialising in different designs and skills. Jewellery is one trade, which is still placed in the cottage industry category……Read more

Copper Ingot / Copper Ash from Copper Ore

Copper is the perfect material for recycling. It is valuable, easy to identify, easy to clean, heavy and can be much use to foundries & other non-ferrous industries as scrap. It has many important alloys e.g. bronze and brass…..Read more

Solar Panel

A solar panel is a collection of solar cells. Lots of small solar cells spread over a large area can work together to provide enough power to be useful.…..Read more

Curcumin Extraction Unit

Curcumin is the main biologically active phytochemical compound of Turmeric. It is extracted, concentrated, standardized and researched. Curcumin is a water-soluble orange-yellow coloured powder…..Read more

Essential Oil Extraction (Jasmine and Tuberose)

Essential oils, also called volatile odoriferous oil, are aromatic oily liquids extracted from different parts of plants, for example, leaves, peels, barks, flowers, buds, seeds, and so on……Read more

Virgin Coconut Oil

Virgin coconut oil (VCO) is the purest form of coconut oil. Introduced onto the world market at the end of the 20th century, it is one of the highest value products derived from the fresh coconut…..Read more

Multigrain Atta using Super Food Grains Atta (Flour) with Nine Super Whole Grains- Specialty Flour Mix (Natural Anti-Aging Flour for Boosting Metabolism, Energy & Power useful for Diabetes, Blood-Pressure, Arthritis, Heart-Patients)

With the changing lifestyles and food habits, many people are becoming prone to diabetes. The super food grain atta is an intervention for the prevention and management of diabetes…..Read more

Moringa Oleifera (Drumstick) Powder Drumstick Powder

India has a major agribusiness sector which has achieved remarkable successes over the last three and a half decades. Drumstick is a tropical vegetable, which is very popular in South India and other parts of country….Read more

Pulpy Fruit Drinks (Fruit Juice with Fruit Pulp)

A freshly squeezed orange or fresh pulped and strained apple would supply a fruit juice drink for immediate consumption, but to expect it to maintain its quality for even a day or two was tempting providence…..Read more

Sanitary Napkin & Baby Diapers

A diaper or nappy is a kind of underwear that allows one to defecate or urinate in a discreet manner. Diapers are primarily worn by children who are not yet potty trained or experience bedwetting……Read more

Mosquito Repellent Liquidator

There are some essential oils which have property to repellant of mosquito. Mosquitoes cannot bear the flavour of essential oil though they do not die but they run away. Raw material required for manufacturing of essential oils are easily available in the market…..Read more

Electric Motors

An electric motor is a device converting electrical energy into mechanical energy (usually a torque). This conversion is usually obtained through the generation of a magnetic field by means of a current flowing into one or more coils……Read more

Silver Extraction from Waste Hypo Solution, X-Ray Film, Colour Paper Bleach, Cinema Films Etc. (By Chemical Process)

Hypo solution contains a good percentage of silver, which can be extracted either by chemical or electrolytic method. The extraction of silver from hypo solution, X-Ray and Cinema film is quite economical and can be started with a small investment…..Read more

Bakery Industry

Bakery is one of the oldest among the food processing activities. An estimated 78,000 bakeries operate in India. The production of bread is estimated at 11.5 lakhs tonnes and biscuits at 7.8 lakhs tonnes….Read more

Calcined Bauxite

Calcined bauxite is an important raw material for two main products, refractories and abrasives. Smaller volumes are consumed in other applications including proppant, welding fluxes and antiskid surface…..Read more

Bread Making Plant

In modern days bread is now becoming one of the most essential food item in human diet due to its readymade availability and high nutritive value. It is the most consumable wheat based bakery product…..Read more

Spices

Spices industry has been a trup card in the hands of India since centuries. It was spice trading which encouraged East India Company to come to India and it is the spice trade which is now making India’s export trade grow every year…..Read more

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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.

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