Startup Business Opportunities with Investment of 3.5 Crore (Machinery). What Are The Best Innovative Business Ideas? Profit-Making Projects for Entrepreneurs, Startups.
Dreaming of becoming an entrepreneur? If owning your own business is your goal, the good news is, you can achieve it with a great idea and some hard work. Starting your own business is the dream for many. The ability to set your own hours, to determine the type of work you do and earn your income as you wish is a freedom many consider worth pursuing.
No matter how rewarding your full-time job may be there’s one thing that’s even more meaningful than great pay and solid benefits: working for yourself. When most people think of entrepreneurship, they think of dot com start-ups, well-funded franchises and other such complex and expensive sounding ventures. The truth is, however, you don’t have to have a lot of money, or a special skill, to start a business. Just to prove the point, we’ve come up with simple, easy to execute ideas that you can use today, with very little investment, to start your own business.
Tempering and Toughening of Flat Glass
Toughened or tempered glass is a type of safety glass processed by controlled thermal or chemical treatments to increase its strength compared with normal glass. Tempering creates balanced internal stresses when broken which cause the glass to crumble into small granular chunks instead of splintering into jagged shards. The granular chunks are less likely to cause injury.
Glass is a naturally fragile material. To boost its functional properties and enhance its operational safety it undergoes the process of tempering. Tempering or toughening is a process where the glass is heated at high temperatures to make it stronger and more resistant to breakage. This process creates a balance in the product’s internal stresses, so that when the glass is broken, it would crumble into tiny granular chunks instead of breaking into sharp jagged pieces.
Because of its increased strength and safety, builders and architects utilize them in a multitude of demanding applications. This includes showers, vehicle windows, refrigerator trays, glass tables, diving masks, glassware, cookware, fireplace grates, bulletproof windows, architectural glass doors and virtually anywhere else that needs safe and strong glass.
Global Tempered Glass Market was valued at $46 billion in 2016 and is projected to reach $65 billion by 2023, registering a CAGR of 5.0% from 2017 to 2023. Tempered glass also known as toughened glass, is known to be four times stronger than simple annealed glass. Tempered glass is produced by heating the silica mix up to 600°C and then rapidly cooling the molten silica. Tempered glass is widely used in automotive window panes, building windows, furniture, and interior activities of buildings. Growth in use of tempered glass in automotive and construction industry drives the market. However, stringent government regulations in the automotive and construction industry restricts the market growth.
Bicycle and Cycle Rickshaw Manufacturing
Bicycles are one of the world’s most popular modes of transportation with some 800 million bicycles outnumbering cars by two to one. Bicycles are also the most energy-efficient vehicle a cyclist burns about 35 calories per mile (22 calories per km), while an automobile burns 1,860 calories per mile (1,156 calories per km). Bicycles are used not only for transportation, but for fitness, competition, and touring as well. They come in myriad shapes and styles, including racing bikes, all-terrain bikes, and stationary bicycles, as well as unicycles, tricycles, and tandems.
Bicycles are widely used for transportation, recreation, and sport. Throughout the world, bicycles are essential to moving people and goods in areas where there are few automobiles.
Intensifying traffic congestion issue and elevating fuel prices are foreseen to remain the key factors driving the need for cycling and raising the demand for bicycles thereby. Growing health concerns among consumers in addition to surging acceptance of green transportation in an effort to reduce carbon footprint will play a pivotal role in the growth of global bicycle market in next eight years. Moreover, increasing government support encouraging adoption of bicycles and rapid development of dedicated cycling infrastructure in developed as well as developing economies will reportedly push the sales of bicycles in upcoming years. A growing application base of bicycles in trekking and recreational activities, coupled with a soaring number of cycling events will specifically uplift the demand for sports bicycles in near future.
The bicycle market in India is projected to grow at a CAGR of over 11%, during 2016-2021 on account of growing population base, increasing discretionary spending and rising health consciousness among people. In India, cycling is being swiftly adopted as a means to stay fit and as a popular recreational activity. Further, many of state governments have started construction of dedicated bicycle lanes in major cities to encourage cycling, as an environment friendly means of transportation.
Aluminium Rolling Mill
Aluminium foil is aluminium prepared in thin metal leaves, with a thickness less than 0.2 millimeter’s (8 mils), thinner gauges down to 6 µm (0.2 mils) are also commonly used. Standard household foil is typically 0.016 millimeter’s (0.6 mils) thick and heavy duty household foil is typically 0.024 millimeter’s (0.9 mils). Aluminium foil is produced by rolling sheet ingots cast from molten aluminium, then re-rolling on sheet and foil rolling mills to the desired thickness, or by continuously casting and cold rolling. Aluminium foil is a thin sheet of metal. As such it can be an absolute barrier to moisture, gases, odors, bacteria and moulds.
Aluminium rolled products include sheet, plate and foil. Aluminium flat rolled products are usually made by rolling thick aluminium between rolls that reduce the thickness and lengthen it through hot and cold rolling processes.
The worldwide market for Aluminium Rolled Products is expected to grow at a CAGR of roughly 6.8% over the next five years, will reach 129100 million US$ in 2024, from 87300 million US$ in 2019.
Aluminium rolled products can be mainly divided into plate, sheet and foil. When considering its manufacturing process, aluminium flat rolled products are classified as cold rolling type and hot rolling type.
Green Peas Processing and Preservation
The pea (Pisum sativum) is one of the oldest vegetable crops to be cultivated. Its culture reaches so far back into the past that the wild ancestor is unknown to us. The crop belongs to the legume family (Leguminosae) and is one of the most important vegetables in India. Short stalked green pods which appear during late winter or spring. The pods measure about 2-3 inches long swollen or compressed, straight or slightly curved, filled with single row of 2-10 light green color smooth edible seeds. Freeze drying is a relatively recent method of preserving food. It involves freezing the food, then removing almost all the moisture in a vacuum chamber, and finally sealing the food in an airtight container. Freeze-dried food has many advantages. Because as much as 98% of the water content has been removed the food is extremely lightweight which significantly reduces the cost of shipping.
Indians generally prefer green and fresh vegetables but they are available only during seasons. India is the world’s 2nd largest producer of food next to China, and has the potential of being the biggest within the food and agricultural sector. Green peas are available for around 5 months during winter season only. They are used for making vegetables as additives in certain vegetables and for making several snack preparations. Hence, if they are made available even during off-season there is a good market for them.
Pea (Pisum sativum) is the third most important pulse crop at global level, after dry bean and chickpea and third most popular Rabi pulse of India after gram and lentil. Uttar Pradesh is the major field pea growing state. It alone produces about 49 % of pea produced in India. Garden pea is cultivated on a large scale in other states like Madya Pradesh and Jharkhand, Himachal Pradesh, Punjab, West Bengal, Haryana, Bihar, Uttarakhand, Jammu and Kashmir, Odisha, parts of Rajasthan and Maharashtra. In south it is grown in Karnataka and in the hilly regions like Ooty and Kodaikanal. Global Vegetables Market will cross USD 392 billion by 2025.
Consumer’s inclination towards consumption of fresh vegetables owing to its nutrient locked feature is expected to boost the segment growth. Key factors including the absence of harmful contaminants, use of environmentally friendly preservation methods and freshness of the products will further increase the industry share. Increasing adoption of vegan & flexitarian diets owing to the increasing health issues along with demand for organic vegetables will provide strong growth prospects for the future.
PCC Electric Poles
PCC Poles was the first venture undertaken by the group. These poles are essentially made of concrete which are inevitably less costly and more economically maintainable than the conventional steel poles. They are of two types depending upon the end use of the pole-Low tensile and High Tensile Line. The full form of RCC is Reinforced Cement Concrete. Cement concrete is strong in compressive strength but weak in tensile strength. To increase the tensile strength, mild steel bars are used in cement concrete thereby reinforcing it
The demand for prestressed (Pre-cast/Reinforced) concrete-cement (PCC) poles directly depends on the growth of electric power sector. The growth in generation and suppy of electric energy gives rise to demands for PCC poles & other systems by way of OEM & replacement/renovation demands. A large network of electricity distribution for rural electrifications, agricultural & irrigational consumptions can be catered to only by establishing an efficient generation & distribution standards. All these factors are essentially going to raise the demand for not only electrical equipments but also distribution materials including poles.
Paracetamol
Paracetamol is a commonly used medicine that can help treat pain and reduce a high temperature (fever). It’s typically used to relieve mild or moderate pain, such as headaches, toothache or sprains and reduce fevers caused by illnesses such as colds and flu. Paracetamol, also named acetaminophen, is an active ingredient in hundreds of over-the-counter (OTC) and prescription medicines. It relieves pain and fever. And, it is also combined with other active ingredients in medicines that treat allergy, cough, colds, flu, and sleeplessness.
In the world the production of Paracetamol is highly concentrated in China and India, the two countries occupy about 83.86% of the global production (China 59.02% and India 24.84%) in 2016, and their market share has been increasing in recent years.
Owing to the increasing cases of chronic diseases and conditions that need pain management solutions on regular basis, the Paracetamol market is showing a growth. The market of Asia-Pacific leads in the market of Acetaminophen (Paracetamol) driven by the high growth markets of India and China. The high population and availability of cheap drugs has made Paracetamol highly popular in the market.
The pharmaceutical industry in India ranks 3rd in the world terms of volume and 14th in terms of value. 20% of global exports in generics, making it the largest provider of generic medicines globally. USD 45 Billion in revenue by 2020, revenue of USD 55 billion by 2020 as base case, and can grow to USD 70 billion in a aggressive case scenario. USD 26.1 Billion in generics by 2016. USD 200 Billion to be spent on infrastructure by 2024.
Aluminium Wire & Cables
Wire means Solid conductor or Insulated conductor which has strength and with cover or without cover and Cable means Insulated conductor (Solid or Strended) or two more than insulated conductor are kept together in insulated layer. Aluminum wire is a wire that is used for electrical wiring in houses, power grids and airplanes. Aluminum wire is an alternative conducting material considering its electrical and mechanical properties and price compared to copper wire. Aluminum is a poorer electrical conductor compared to copper so it is infrequently used in small applications such as home wiring.
Aluminum is a relatively soft and weak metal compared to copper, and when the temperature of the circuit rises the wire expands and flows into empty spaces within electrical connectors. When an electric current passes through this circuit it creates pressure which heats the aluminum wire connector.
Aluminum wire and cable utilized in various home electrical appliances, switches, circuit breakers and motors owing to its light weight corrosion resistance and retention of temperature even at low temperatures properties. The products are used in electrical products as they are lighter than other material, it also reduces corona an electric discharge which is associated with high power transmission and its excessive heating do not separate the electrical fixtures and connections, thus increasing the industry demand. Aluminum Wire and cable Market revenue is slated to exceed USD 65 billion by 2024.
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