Top 31 Trending Small Scale Business Ideas
List of 31 Opportunities in Small Scale Business Plans with Investment of 25 Lakhs (Plant and Machinery). Potential Business Ideas for Entrepreneurs Startup.
Medium-scale industry neither runs its operations at such tiny levels as a small scale industry nor at such a huge level as a large-scale industry. In fact, most of the medium-scale manufacturing businesses were basically small-scale businesses that have flourished with time and turned into medium scale businesses.
Related Projects: – Business Ideas: Upto 25 Lakhs (Plant and Machinery): Selected Project Profiles for Entrepreneurs, Startups
A large-scale industry requires a huge amount of capital to be invested and it provides employment to a large number of people in order to offer a high output. The work is done mostly by large machines and laborers. They are located in urban centers and fall in the public sector or run by big industrialists. The examples of such industries are cotton textiles, jute textiles, iron and steel industry.
Importance of MSMEs for Indian Economy
Employment: It is the second largest employment generating sector after agriculture. It provides employment to around 120 million persons in India.
Contribution to GDP: With around 36.1 million units throughout the geographical expanse of the country, MSMEs contribute around 6.11% of the manufacturing GDP and 24.63% of the GDP from service activities.
MSME ministry has set a target to up its contribution to GDP to 50% by 2025 as India becomes a $5 trillion economy.
Exports: It contributes around 45% of the overall exports from India.
Inclusive growth: MSMEs promote inclusive growth by providing employment opportunities in rural areas especially to people belonging to weaker sections of the society.
Related Projects: – Projects for Small and Medium Enterprises (SME). Profitable Manufacturing Business Ideas to Start.
For example: Khadi and Village industries require low per capita investment and employs a large number of women in rural areas.
Financial inclusion: Small industries and retail businesses in tier-II and tier-III cities create opportunities for people to use banking services and products.
Promote innovation: It provides opportunity for budding entrepreneurs to build creative products boosting business competition and fuels growth.
Here Are Some of the Top and Best Medium Scale Business Ideas from Manufacturing Segment.
- Pan Masala Sada, Meetha & Zarda
- Sanitary Napkins
- Corrugated Galvanized Sheet
- Turmeric, Dhania and Chilli Powder
- High Temperature Aluminium Based Paint
- Cow Urine (Gomutra) Processing and Packing
- Jute Shopping Bags
- Cashew Nut Shell Oil
- Readymade Khaini (Geeli)
- Neem Oil (Cold Process)
- Pan Masala, Tobacco, Zarda and Kimam
- Mayonnaise
- Ready Mix Coating Powder Used for Coating of Pharmaceuticals Tablets for Regular fill Coating and Functional Film Coating
- Pan Masala
- Stable Bleaching Powder
- Spices (100% EOU)
- Spice Oil Extraction from Curry Leaves (100% EOU)
- Spices (Turmeric Powder, Red Chilli Powder, Dhaniya Powder, Garam Masala, Sabji Masala, Popcorn Masala)
- Essential Oil Extraction (Jasmine and Tuberose)
- Non-Formaldehyde Dye Fixing Agent for Reactive Dyes
- Mosquito Repellent Liquidator
- Detergent Cake & Powder
- Micronutrients Fertilizer
- Hydroponic Green House Farming
- Wire Nail
- Namkeen (Dalmotth, Bhujia, Chana Chur, Khatta Meetha)
- Surgical Cotton
- Adhesive from Maize Starch
- Extraction of Oil from Rajnigandha
- Tundish Insulated Powder (Radex)
- Sanitary Napkin (low Investment Project)
For detailed analysis and research-based understanding of the Project, please reach out to Niir Project Consultancy Services (NPCS) for a detailed report, Business Plan on the same. Our report covers all the crucial points in the elaboration, inclusive of plant and machinery confirmation, analysis of the market, cost of raw material, balance sheet, Manufacturing Process, and various other important aspects.
Market Research: – Market Research Report
NPCS, holds a special place, globally and hence ought to be taken as an important part of business ventures as per the modernization with all sorts of increasing trends. Thereby, we hereby inform you to reach out to us in case of expanding or commencing into the same, requiring detailed base projects for the betterment of the business venture. We help you analyse the market, confirm the plant and machinery, look into financial requirements, manufacturing techniques, etc.