What are the best manufacturing business ideas? Projects to Start with Investment of 3 – 3.5 Crore (Plant and Machinery). Business Ideas and Opportunities for Entrepreneurs, Startups
Business entrepreneurs have many opportunities that they can explore successfully all they need is a great small business idea. In the ever-increasing startup ecosystem of today, everyone dreams of starting their startup and becoming a millionaire or a billionaire. However most of the people remain confused between which business to start for maximum profit and which one has the least probability of failure and the main reason for this is the failure rate of startups.
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.
Copper Powder by Electrolytic Process
Copper powders have been used in industrial applications for many years. Probably the best known is the self-lubricating bearing which was the first major application and still accounts for about 70% of the copper powder used. Pure copper powder is used in the electrical and the electronics industries because of its excellent electrical and thermal conductivities. Copper in powder form is used in structural parts and friction materials.
Copper makes vital contributions to sustaining and improving society. Copper’s chemical, physical and aesthetic properties make it a material of choice in a wide range of domestic, industrial and high technology applications. The electrolytic method is probably the most economical method for producing cooper powder; moreover the copper powder obtained from this method is the highest quality.
The electrical industry claims a share of about 26%. The electronics and communications take another 30% share. With building construction (9%) and transportation (8%) added, the cumulative rises to about three-fourths. The other consuming sectors are engineering process and general (9%) and consumer durables (6%). Defence is also a substantial user. Another important consumer is handicrafts in India.
The next few years market size further will be expanded by 2025 and it is projected to reach the value of USD $ 6182 Million, with annual growth rate of 10.04 % during the period 2018 to 2025. The wide range of applications in metallurgy, electronic, coating and mechanical industries are the major factors driving the growth of copper powder market. In addition, its uses are anticipated in products such as detectors, displays, touch screens and others which are also propelling the growth of this market.
The market is accelerating due to its high demand in bio chemical sector which is also used in pharmaceuticals. However, the high cost for the products and lack of knowledge towards the technology of copper powder are the major factors hampering the growth of this market.
Bicycle Manufacturing
A bicycle also called a cycle or bike is a human-powered or motor-powered, pedal-driven, single-track vehicle, having two wheels attached to a frame, one behind the other. Bicycles were introduced in the late 19th century in Europe, and by the early 21st century more than 1 billion were in existence at a given time. A vehicle consisting of two wheels held in a frame one behind the other propelled by pedals and steered with handlebars attached to the front wheel.
The bicycle is also used for recreational purposes, such as bicycle touring, mountain biking physical fitness and play. Bicycle competition includes racing BMX racing, track racing, criterium, roller racing, sportives and time trials.
Bicycle is principal means of transportation, it also provide a popular form of recreation, and have been adapted for use as children’s toys, general fitness, courier services, and bicycle racing. Due to the straightforward production technology as well as low cost and price, bicycle industry gets a fast development in recent years. The production of bicycles is concentrated in the China, USA, Europe and India. Giant Bicycles, Hero Cycles, TI Cycles, Trek, Shanghai Phone, Atlas, Flying Pigeon famed for their bicycle production, are among the major bicycle producers in the world.
Global sales of bicycles will increase to 132214 K Units in 2016 from 118969 K Units in 2012. It is predicted that the global bicycle demand will develop with an average growth rate of 1.39% in the coming five years. Currently most of bicycles produced in China are exported to other countries, such as USA and West Europe.
The worldwide market for Bicycle is expected to grow at a CAGR of roughly 5.0% over the next five years, will reach 37700 million US$ in 2024 from 28200 million US$ in 2019, according to a new research study. On the Bicycle in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.
Monochloro Acetic Acid (MCAA)
Monochloroacetic Acid (MCAA) is a specialty organ chlorine compound, also known as chloroacetic acid. It is the building block in organic synthesis, and is hence used in the production of various chemical compounds, drugs, and agrochemicals. Significant amount of MCAA is consumed for the production of carboxymethylcellulose (CMC), thioglycolic acid, USP grade glycine, and technical grade glycine which is a major precursor to the production of glyphosate.
Monochloroacetic acid is a colorless, crystalline, water-soluble compound obtained by the reaction of acetic acid with chlorine. It is used to manufacture versatile intermediates required to synthesize chemicals such as carboxymethyl cellulose (CMC), 2, 4-D, glycine, thioglycolic acid, synthetic caffeine and barbiturates. Monochloroacetic acid is a halogenated derivative of acetic acid that is used as a building block in organic synthesis. It exists in three crystal modifications: alpha, beta and gamma. Commercial MCA is produced in the alpha form and is available as flakes or in water solution. Major end-user industries for Monochloroacetic acid include oil drilling, personal care, agrochemicals, construction and dyes.
The global Monochloroacetic acid market is mainly driven by increasing demand for the production of carboxymethylcellulose, thioglycolic acid, and glycine. Significant amount of monochloroacetic acid is consumed for the production of CMC, also called as cellulose gel. Use of monochloroacetic acid imparts viscosity boosting and emulsion stabilization properties. Apart from these properties use of MCAA in CMC production offers alteration of flow and texture of the product. Such attributes impel the use of CMC in the food & beverages industry for applications such as powdered drinks, alcoholic and nonalcoholic beverages, and ice-cream. CMC is also widely preferred over synthetic and natural glues, which is expected to drive its demand and in turn is expected to increase the consumption of MCAA for CMC production. These factors are likely to boost the revenue growth of the global monochloroacetic acid market.
Monochloroacetic acid is a basic raw material for the production of various herbicides and insecticides. Chlorpyrifos and triclopyr are widely used insecticides that are also derived from MCAA. However, the MCAA route to produce system generates significant amount of hazardous waste. Also, production facilities that are operated by the MCAA route face challenges such as high operation and maintenance costs that arise due to the corrosive nature of MCAA.
Global Monochloroacetic Acid Market is anticipated to reach USD 909.12 Million by 2023 growing at a CAGR of over 3% in value terms owing to the rising demand from the agrochemicals industry as a plant stabilizer and in insecticides & pesticides. Moreover the increasing adoption of Monochloroacetic Acid in face creams & ointments in the beauty industry coupled with the growing demand of carboxymethylcellulose is expected to propel the demand of Monochloroacetic Acid over the next five years.
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 an aggressive case scenario. USD 26.1 Billion in generics by 2016. USD 200 Billion to be spent on infrastructure by 2024.
Roller Flour Mill
Around 800 large Flour Mills in the country convert about 10.5 Million Tons of wheat into wheat products Coarse Flour, Flour, Semolina, and Bran & Wheat Germ. The installed capacity of Flour Mills is more than 21 Million Metric Tons. Roller Flour Milling sector processes around 12 – 15 per cent of the total wheat consumed in the country.
Most wheat is consumed in the form of baked goods mainly bread therefore wheat grains must be milled to produce flour prior to consumption. Wheat is also used as an ingredient in compound feedstuffs starch production and as a feed stock in ethanol production.
The aim of the miller is to extract the maximum proportion of flour from the grain with the least possible contamination by bran, pollard and germ, the first two because they discolor the flour and the last because it reduces the keeping quality. Flour comprises a mixture of fine granules of starch and protein.
Invest in a Roller flour milling in India being an agriculture economy, with growing population would always have a great opportunity in food. No industry could really match its growth and profitability potential. The world over food has been one of the most profitable industries and most of global food giants that have emerged have fundamentally been wheat millers. The most profitable and largest companies in the world are also food companies like Nestle, Kraft General Food, and Cargill etc.
The market size of packaged wheat flour will touch Rs 15,500 crore mark by 2020, double of its current market size of Rs 7,500 crore. The packaged wheat flour market in India is growing at a Compound Annual Growth Rate of almost 19 per cent since past three years.
Plain Corn Flakes & Coated Choco Flakes
Corn flakes being one of most nutritious foods and is consumed as breakfast food not only in India but-everywhere in the world. Cornflakes are a very popular breakfast cereal manufactured from maize. Cornflakes are an almost 0 fat, 0 cholesterol food and contain a high amount of fast acting carbs with dietary fibers. Breakfast becomes interesting and nutritious with Choco Flakes. It is made from various flour ingredients and is rich in dietary fibers, iron, vitamins and minerals. Thus it serves as the ideal breakfast option for children and adults too.
Corn flakes and chocos are economical, convenient, nutritious and flavourful food suitable for daily consumption. People getting modernized they need some sophistication in their food also the need of which fulfilled by corn flakes and chocos. The per capita consumption of corn flakes and chocos has increased many times as compared to last decade.
Presently there are few leading companies manufacturing corn flakes and chocos to cater to the need of upper strata of society, hoteliers, clubs, hospitals etc. They are being used for many other purposes like in hospitals for manufacturing of starch syrup and beer. Hence their demand has been increasing constantly. Apart from Indian Market corn flakes and chocos has very wide demand in foreign countries. India is exporting corn flakes to African, Middle East and Gulf Countries.
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