12 Profitable Projects for Hot Startups. Profitable Business Ideas for Entrepreneurs
Aluminium Angles, Channels, Doors & Windows
Aluminium is the strongest and most durable material, easy to clean and maintain. Aluminium Angle has rounded corners and is generally used for structural applications where strength is important.
Aluminum channel material is a great choice for structural applications where strength is important. Aluminium Channel is widely used in home and garden DIY. It is ideal for frame making, sliding doors, caravan refurbishment, shed building and cable management, to name just a few. Aluminium Channel has a right angle inside and outside corners making the ideal shape. Aluminium U Channels can be used for various different uses; including general fabrications, light construction projects, decoration vehicle construction, boat building and much more.
Aluminium doors are often used for commercial properties and retail facilities. Aluminium doors differentiate by their frame thickness, quality and stability as well as thermal and acoustic properties.
High performance aluminium windows are able to meet or exceed energy efficiency standards. Aluminium windows and doors can easily achieve improvements in heat gain and heat loss through windows by 60% rivalling more expensive timber and uPVC equivalents.
The future of the global aluminum door and window market looks promising, with opportunities in the growth of the residential and commercial construction industry. The global aluminum door and window market is estimated to reach $72.1 billion by 2021 and is forecast to grow at a CAGR of 5.1% from 2016 to 2021. The major drivers of growth for this market are increasing new construction and renovation activities.
While the growth looks imminent in aluminium consumption especially through value added products, India’s downstream processing industry is likely to witness a phenomenal progress in coming years. In advanced economies, aluminium is increasingly replacing wood and steel in building sector. Aluminium cans and containers are used extensively world over.
Zari (or Jari) is an even thread traditionally made of fine gold or silver used in traditional Indian, and Pakistani garments, especially as brocade in saris etc. This thread is woven into fabrics, primarily made of silk to create intricate patterns. It is believed this tradition started during the Mughal era and the Surat pot being linked to the Haj pilgrims and Indians was a major factor for introducing this craft in India. During the Vedic ages, zari was associated with the grand attired of Gods, kings and literary figures. Today, in most fabrics, zari is not made of real gold and silver, but has cotton or polyester yarn at its core, wrapped by golden/silver metallic yarn.
Zari is the main material in most silk sarees and gharara. It is also used in other garments made of silk, like skirts, tops and veshtis. Zari is traditionally used to embellish saris and dress materials. It is either woven with the fabric or can be used as a patch work separately (this is referred to as zardosi work).
Zari is a small sector, but it employs a large number of artisans and workers. Zari (golden thread) embroidery work used for the embellishment of fabrics has found admirers in overseas markets, as its export has risen significantly of late. Bareilly, one of the main centres of zari work, is attracting huge export opportunities, hovering around two billion Indian rupees annually. The growth of the business can also be attributed to the widespread presence of the Indian diaspora that has been on the upsurge globally.
Dehydration of Grapes
Grapes are a great source of vitamins A, C and K before they become raisins BUT when they ARE raisins, they have more Choline, Niacin, Folate, and Betaine, with higher trace amounts of Thiamin, and Riboflavin! Dried grapes are the dried, ripe fruit of the grapevine (Vitis Vinifera).
Grapes are one of the world’s most commonly produced fruit crops, with approximately 75 million tonnes produced each year. It is also one of the most abundant fruits: while almost 50%of grapes are used to make wine, one third is consumed as fresh fruit and the rest is dried, consumed as grape juice or stored in the form of grape musts (whether concentrated or not).
The Dried Fruit refers to the fruit which the original water has been removed, usually through the sun drying or the drying machine.
The revenue generated from Dried Fruits has been estimated to be valued over US$ 43.54 Bn in 2018, which is projected to increase at a CAGR of 5.7% during the forecast period (2018-2026).
Rising global urban population and per capita income are factors responsible for the boost in demand for industry products such as fruit snacks and cereals. Demand for dried fruits from food manufacturers, such as confectionery and bakery, as well as dairy companies is increasing all over the world, as these buyers purchase processed fruit products from industry operators for utilization of fruits in their manufacturing processes.
By Product Type, the global dried fruits market is segmented as Raisins (Dried Grapes), Tropical and Exotic Fruits, Berries and Other Fruits. The Raisins (Dried Grapes) are further includes Natural Seedless, Golden Seedless, Black Currant, Raisin Mix and Others (Sultana, Muscat, Monukka, Other Seedless). The Tropical and Exotic Fruits segment includes Table Dates, Prunes, Dried Figs, Dried Apricots and Other Tropical and Exotic Fruits (Apple, Mango, Papaya, Pineapple, Banana, and Citrus).
The European Union is the largest importer of dried grapes in the world, with a market share of more than 50% of the world imports. Also dried grapes are the most important dried fruit in the European market, representing 40% of all dried fruit imports. Nearly 70% of all European imports of dried grapes are from Developing Countries.
Orphanage with School
An orphanage is a place where children without parents are cared for and housed. If a child has no parents — because the parents died or lost custody — the child is considered an orphan. Orphans are parentless. An orphanage is an institution that takes care of orphans. An orphanage will care for tiny babies and also older children without parents. Orphanages care for children until they can be placed in homes and adopted.
A school is an institution designed to provide learning spaces and learning environments for the teaching of students under the direction of teachers. There are two types of school that is primary school for young children and secondary school for teenagers who have completed primary education.
The Indian education industry is poised for growth. This sector is changing rapidly with more private players entering the field. The government is also taking many measures to improve the quality of education in India. This industry is going to achieve its peak as the idea of business via education catches up.
India holds an important place in the global education industry. The education sector in India is poised to witness major growth in the years to come as India will have world’s largest tertiary-age population and second largest graduate talent pipeline globally by the end of 2020. The education sector in India is estimated at US$ 91.7 billion in FY18 and is expected to reach US$ 101.1 billion in FY19E.
Outdoor & Indoor Entertainment Centre
An entertainment center is a piece of furniture designed to house consumer electronic appliances and components, such as televisions.
A family entertainment center (or centre), often abbreviated FEC in the entertainment industry, (also known as indoor amusement park or indoor theme park) is a small amusement park marketed towards families with small children to teenagers, and often entirely indoors or associated with a larger operation such as a theme park. They usually cater to “sub-regional markets of larger metropolitan areas. FECs are sometimes called family amusement centers, play zones, family fun centers, or simply fun centers. Some non-traditional FECs, called urban entertainment centers (UECs), with more customized and branded attractions and retail outlets, are associated with major entertainment companies and may be tourist destinations. Others, sometimes operated by Non-Profit organizations as Children’s Museums or Science Centers, tend to be geared toward edutainment experiences rather than simply amusement. FECs may also be adjuncts to full-scale amusement parks.
Family/indoor entertainment centers are gaining more popularity from the past decade in all age groups. Indoor entertainment centers are more preferred as an entertainment and leisure option by families over the outdoor entertainment centers, as the environmental factors and climate changes do not affect any fun time or experience to the customers. Customers are choosing Family entertainment centers for spending quality time with friends, children, parents, and other family members because of the availability of entertainment options such as movies, music, gaming, and food & beverages.
Rising income among families is the prime factor leading to the increase in the expenditure capabilities on entertainment and leisure activities. Families having children and young age members are spending more on entertainment activities such as bowling, and arcade games due to increasing interest of children in this kind of games. Moreover, the increasing GDP growth rates are helping individuals to improve their spending capabilities in various activities such as entertainment. Also, the constant demand for the diversified gaming and entertainment options for the customers is generating new technology implementation in the gaming such as virtual reality gaming, Augmented reality gaming, etc. These new innovations in the gaming are also responsible for driving the market demand for the family entertainment centers.
Extraction of Tannin (Edible) from Areca Nut Waste
Tannin, an astringent biomolecule is extracted from plants and fruits. It is found in various parts of plants including, barks, seeds, stem tissues, roots, and leaves. Plants have tannin content in abundance, which protects them from predation and also helps for their growth regulation. Fruits with rich tannin content include cranberries, blueberries, strawberries, hazelnuts, pecans, walnuts, grapes, and oranges.
Areca nut is the fruit produced from the palm trees of South East Asia. Although, the production of areca nut is dependent on the geographic and climatic conditions of the region. Thus, the price fluctuations are majorly dependent on the production of the areca nut. The areca nuts are consumed not only for chewing with betel leaf, but also for various rituals in South East Asia Pacific countries. India is the largest consumer and producer of areca nut in the world. As high consumption of areca nut causes severe health problems, the market for areca nut has attained maturity in the global market.
Arecanut (Areca catechu L.), being a highly profitable commercial plantation crop. Tannins is obtained as a by-product from the process of preparing immature betel nuts for masticatory purposes. The sediments found in the tannin when it is dried, is called arecanut dust. Tannins in arecanut were being used for dyeing clothes and roaps and also used for tanning leather. It can be used as an adhesive in plyboard manufacture. Another possible use of areca tannins is as a safe food coloring agent. Black writing ink of acceptable quality may be prepared. Further, it is also useful in protecting house hold furniture.
India is the major producer and consumer of arecanut in the world. Production is concentrated in six states, namely Karnataka, Kerala, Assam, Meghalaya, Tamil Nadu and West Bengal. Arecanut is the major plantation crop of coastal and southern districts of the country under assured irrigation facility
Globally it is primarily grown in India, Bangladesh, China, Indonesia and Myanmar. India leads the production followed by China and Bangladesh. In India it is grown in Karnataka, Kerala, Assam, Maharashtra, West Bengal and parts of Tripura.
The global tannin market is expected to grow significantly during the forecast period. The increasing demand from the various end-use industries such as leather, wine, and wood adhesives is the major driving factor for the growth of tannins market. The anti-oxidation and decomposition properties of tannins are a major factor for the demand of tannins in the leather manufacturing and wine fermenting industries. The increasing consumption of alcohol is expected to boost the growth of tannin market. Moreover, the demand for tannin in the manufacturing of wood adhesives and medicines is expected to drive the growth of tannin market positively over the forecast period.
The global tannin market size was estimated at 1,076.3 Kilotons in 2015. Increasing demand from the leather manufacturing and wine making industry is expected to be a key factor driving market growth.
Garden Pipe & Delivery Pipes
Garden Pipe is widely used in for water supply in gardening, steel mills and engineering works and in irrigation projects. To ensure its flawlessness it is tested by the quality experts against various parameters.
Delivery pipe is also known as the name of Delivery hose pipe. Widely used in water pump connections, concealed wiring on aircrafts, buses, railway coaches, residential and commercial buildings, traffic signal connections, house meter connection and various applications.
The future of the water pipe market looks good with opportunities in the potable water pipe, wastewater pipe, and irrigation pipe applications. The global water pipe market is forecast to grow at a CAGR of 5% from 2016 to 2021. The major growth drivers for this market are increasing investment in water and replacement of aging pipelines.
Calcined Lime, Lime Calcination
Lime is one of the most widely used and cheapest alkalizing agents employed worldwide. Limestone is one of the most basic raw materials employed in the steel industry and is used both in iron making and steel making processes. Lime (CaO) is one of the oldest chemicals known to man and the process of lime production is one of the oldest chemical industries.
Calcium oxide (CaO) is lime, which is produced through calcination of limestone including calcined limestone, ground limestone and hydrated limestone. Production of lime is a complex industrial process and delivers two product forms quicklime and hydrated lime.
Lime is an important element in civil engineering and construction materials. In chemical industry, lime is used as chemical reagent in the production of various chemicals. It is extensively used in the metallurgical industry and in numerous other downstream manufacturing industries including glass, and paper and pulp among others. Increase in usage of lime in the production of precipitated calcium carbonate is expected to drive the lime market during the forecast period. According to the research report, the global lime market was valued at US$44.84 bn in 2015 and is expected to be worth US$76.48 bn by the end of 2024. During the forecast period of 2016 and 2024, the global market is expected to surge at a CAGR of 6.2%.
Calcined Lime is widely used by almost every Chemical and Process Industry including Fertilizers, Food Nutrients, Chemical, Paper & Pulp, Metallurgical, Oil Refinery, etc. in one or other form. Besides this, it is also used in waste water treatment operations.
Plastic Files & Its Smaller Components
In handling books and records, proper care is required. In the educational institutions, government offices, banks and other organizations where books and records are used in large numbers, usually people prefer to preserve them in plastic files and folders of different forms and sizes. These plastic files not only protect the books and other records from dust and rain, but also give them a neat appearance.
Plastic File is highly demanded in offices and schools. The plastic file is manufactured using the finest quality plastic and sophisticated machines in tune with international quality standards.
There is a good demand for plastic files and folders with the increase of educational institutions, banks, financial institutions and other organizations. Some of the commercial organizations, corporations, public undertakings use plastic file and folders to capsule their publicity information and other informative material. As a result, special orders are also being placed by commercial and other organizations with the manufacturers for different types and sizes of plastic files and folders. Consequently, the demand for plastic files and folders is of high order. The bookshops and fancy stores that are located in urban and semi-urban areas have become potential market outlets for these plastic files and folders.
Hosiery Products (Vest, Briefs, T-Shirts & Socks)
Hosiery also referred to as leg wear, describes the garments, worn directly on the feet and legs. The term hosiery is also being used for the type of knitted fabric, its weight and thickness. It is manufactured in a wide range of fabric weights, knits and colors. In general, heavier weight fabrics are stronger and more durable, but are thicker and show less of the natural skin tone. On the other hand, lighter garments look and feel more luxurious but are not strong as compared to the heavier ones. The hosiery includes categories such as sheers, support hosiery, control tops, opaques, tights, stay-ups, stockings, maternity pantyhose and run-resistant garments.
The growth of the global hosiery market is driven by the robust demand for comfortable and stylish hosiery among the consumers. Changing lifestyles and demographic factors are bringing changes in demand patterns for hosiery. Further, the global demand for hosiery is increasing due to the increasing employment rate across various countries in the world. Further, rising disposable income is expected to intensify the growth of the global hosiery market. Moreover, rapid urbanization is anticipated to positively impact the growth of the hosiery market.
Rising personal disposable income along with changing lifestyle is anticipated to expand the growth of global hosiery market during the forecast period. Apart from this, propagation of modern retail formats such as supermarkets, discount stores, and pharmacy stores is resulting in increasing product visibility. This enables easier accessibility to clothing products such as hosiery to consumers. The increasing sales from online commerce sector is fuelling the growth of global hosiery market as it saves the time of buyers and offer various discounts on the products. Thus, the online store is expected to be the fastest growing segment which is anticipated to expand the growth of global hosiery market over the forecast period.
The global hosiery market is expected to witness a steady growth attributed to considerable demand in the healthcare and fitness industry. Consumption of hosiery products is expected to remain high among women in terms of demography. Socks is predicted to witness significant demand in the global market as compared to other products.
Increasing spending on fashion products coupled with growth in disposable income of consumer is anticipated to drive the demand for the hosiery market during the forecast period. Furthermore, in developing economies, rising preference towards western outfits resulting in higher spending on fashion clothing is in turn projected to drive the demand for hosiery products over the forecast period. Beside this, increasing population across the globe is also projected to drive the demand for hosiery products.
Low Cost Airlines
An airline is a company that provides air transport services for traveling passengers and freight. Airlines utilize aircraft to supply these services and may form partnerships or alliances with other airlines for code share agreements. Generally, airline companies are recognized with an air operating certificate or license issued by a governmental aviation body.
A low-cost carrier or low-cost airline (also known as no-frills, discount or budget carrier or airline, or LCC) is an airline without most of the traditional services provided in the fare, resulting in lower fares and fewer comforts. To make up for revenue lost in decreased ticket prices, the airline may charge for extras such as food, priority boarding, seat allocating, and baggage.
The low-cost model focuses on business and operational practices that reduce airline costs. That means using secondary airports (with lower taxes), offering no frills on the flight and charging for services like seat reservation and checked-in baggage.
Low-cost carriers (LCCs) have gradually evolved to become a popular alternative to full-service airlines over the last 10-15 years, where price has become a critical factor in determining the carriers. Low-cost carriers (LCC) have become a popular alternative to traditional scheduled airlines over the last two decades.
The growth of the market is attributed to the rise in economic activity, ease of travel, travel & tourism industry, urbanization, changes in lifestyle, consumers’ preference for low cost service along with non-stops, and frequent service, increase in purchasing power of middle class households especially in the developing regions, and high internet penetration coupled with e-literacy.
Low cost airlines have grown exponentially worldwide over the past few years, owing to rise in economic activity, ease of travel, travel & tourism industry, urbanization, changes in lifestyle, consumer’s preference for low cost service along with non-stops, and frequent service, increase in purchasing power of middle class households especially in the developing regions, and high internet penetration coupled with e-literacy. However, factors such as volatile crude oil price and increase in terrorism & crime rate, political uncertainty, & natural calamities hinder the market growth. Conversely, sustainable airport governance, operational & financial improvement is anticipated to leverage the growth of the low cost airlines market. Nevertheless, factors such as high investment & operational cost but low profitability is anticipated to be a major challenge of the low cost airlines industry.
The global low cost airlines market is segmented based on purpose, destination, and distribution channel. By purpose, the market is divided into leisure travel, VFR, business travel, and others. By destination, it is bifurcated into domestic and international. Based on distribution channel, the market is classified into online, travel agency, and others.
Newspaper, publication usually issued daily, weekly, or at other regular times that provides news, views, features, and other information of public interest and that often carries advertising.
India has a growing and constantly changing newspaper market, with daily circulation up from 150 million, it is expected to continue to rise in the coming years. India’s Newspaper Industry has been rising since so many years and this is why a lot of motivated individuals tend to indulge in these kind of businesses be it newspaper, magazine etc. In India, as per a report, there are more than 82,000 newspapers in publication. And now this number seems to grow year by year. Publishing Industry has always been a lucrative option for a number of aspiring beings across India.
India has more daily newspaper than any other nation and out of world’s 100 largest newspapers 20 are Indian. The demand of newsprint in India is expected to grow at a rate of 9% and India’s paper consumption is expected to increase to three million tons in 2015-16.