Startup Business Ideas In Odisha (orissa).
Startup Business Ideas in Odisha (Orissa). Business Plan of Most Successful 25 Manufacturing Industry.
Odisha is located strategically contiguous to the states of southern, central & eastern parts of India. It has a rich heritage, a vibrant present & a huge potential for Micro, Small & Medium Enterprises. State is also a treasure trove of natural resources. Access to global markets, presence of qualified human resource, robust infrastructure, stable polity and a positive business environment make the Odisha a flavoured destination for investors. Odisha is well connected by surface transport, air & water. The state has extensive rail & road network linking various growth centers. As a measure to encourage foreign airlines to start service from Odisha, the State Govt. has announced zero Value Added Tax on aviation turbine fuel.
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The economy of Odisha is the 16th-largest state economy in India with 5.33 lakh crore (US$75 billion) in gross domestic product and a per capita GDP of 116,614 (US$1,600)
Types of Industries in Odisha
The Orissa Industry is going places with excellent industrial infrastructure and presence of top national and international companies. The state has witnessed an industrial upsurge due to the favorable industrial atmosphere in the state. The state government of Odisha has invited major industrial houses of the country and abroad to invest in the state. It has achieved a considerable amount of success and several prime companies have set up their plants in the state.
The entire industrial structure of the state can be divided into following categories
? Large-Scale Heavy Industries
? Large-Scale Industries
? Small-Scale Industries
Large-Scale Heavy Industries
This segment includes the industrial units that need massive capital investment and include iron steel industry, aluminium, cement, Ferro-manganese, Ferro-chrome, steel rolling mills, fertilizer plants, Ceramic Glass, Aluminium Mines, Rare Earths, thermal, Steel Plant and power projects.
Large-Scale Industry
? Paper Mills
? Textile Industry
? Silk Production
? Textile
? Sugar Mills
The state is rich in forest resources, which has prompted the growth of several forest based industrial plants. The cottage industry of Orissa includes the;
? Sericulture industry
? Cotton textile mills
? Sugar mills
? Rice mills
Small-Scale Industry
Among the other industries beverage, tobaco, gur and molasses are important. The tobaco industry is wide spread and provides employment to large number of persons.
In bidi production, the old disticts of Sambalpur, Sundargarh, Balangir, Keonjhar, Cuttack and Balasoreare important. Although Odisha has a large cattle population, it imports leather goods. The principalcentres of leather production are Boudh, Balangir, and Keonjhar. Modern tanneries have been set-up at Cuttack and Khariar Road.
Production of inks, paints, and varnishes, soap, wood and wood products also employ a large number of persons in the towns. For Jewellery and filigree work, Cuttack and Berhampur are famous. Stone carving is important in puri. The Salt Industry is being modernised at Huma in Ganjam district and at Astarang in Puri district. The Industrial estate of Bhubaneswar has been developed at Rasulgarh and Mancheswar. The most important among these is the coach building unit at Mancheswar.
? Brass industry
? Tobacco industry
? Beverage
? Molasses
? Aluminum utensil making plants
Startup Policy
Objective
Develop a world class “Startup Hub” in Odisha by 2020
Encourage incubators including sector specific ones aligning with the State’s strengths and requirements
Create enabling environment and supporting eco-system that facilitates at least 1,000 Start ups in next five years in the State
Take steps to provide skill-based training to encourage youth to take up Start ups
Encourage all major companies operating out of Odisha to include skill and infrastructure development for Startups as an integral component of their CSR activities
Create a strong institutional framework for effective implementation, monitoring and evaluation of this policy
Project Opportunities in Orissa:-
1. 3 Star Hotel With 2 Banquet Hall & Restaurant
2. 4 Star Hotel
3. 7 Aminocephalosporanic Acid (7 Aca)
4. Active Pharma Ingredients(api)
5. Active Pharma Ingredients (api) Amoxicillin Trihydrate, Azithromycin & Paracetamol
6. Active Pharma Ingredients (api) (cephalexin, Ampicillin Trihydrate, Ibuprofen And Paracetamol)
7. Automatic Papad Plant
8. Antiscaling Descaling Forming Chemicals
9. Automobile Tyres for Trucks, Buses and Lorries
10. Automobile Workshop
11. Aluminium Conductors (AAAC and ACSR)
12. Aluminium Die Casting
13. Aluminium Shots & Notch Bars
14. Aluminium Wire Rod
15. Atomized Aluminium Powder
16. Aluminium Circles
17. ACSR Grade Aluminium Conductors
18. AAAC Grade Aluminium Conductors
19. Aluminium Extrusion
20. Aluminium Forgings
21. Aluminium Hinges
22. Aluminium Utensils
23. Aluminium Recycling Plant
24. Aluminium Tower Bolts
25. Anodizing Plant
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.
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.
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Plant capacity: -
Plant & machinery: -
Working capital: -
T.C.I: -
Return: 1.00%
Break even: N/A
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