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Best Business Opportunities in Libya, Africa - Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

What are the Natural Resources in Libya?

Libya, with its huge natural wealth, may be termed North Africa's best-kept secret. Libya is 80 percent desert (mainly Sahara), but it is anything but hidden, since it is positioned near to two of the world's largest bodies of water and has one of the world's largest oil reserves. Iron ore, manganese, chromium ore, asbestos, and gypsum are all abundant in the country. It contains untapped mineral resources worth an estimated $200 billion! Natural gas reserves are also plentiful. Libya, in reality, has more than 35 trillion cubic feet of proven gas reserves, making it the sixth largest in the world. As if that weren't enough, Libyan soil has significant amounts of copper and gold. According to estimates from the United States Geological Survey, Only off Libya's Mediterranean coast can you find up to 200 million barrels of crude oil! Libyans should have no trouble making money for years to come with all of these natural resources at their disposal. Consider how you might profit from these important commodities if you want your business idea to flourish in Libya. Is it possible that your company will specialise in mineral extraction or petroleum processing? Perhaps it will entail the transport of commodities across international waters? Or perhaps it will provide some form of agricultural service? You can expect that Libya's enormous natural resources will play a key part in your company's success, regardless of what you do.

 

What are the Business Opportunities in Libya

Libya used to be renowned for having Africa's highest Human Development Index. The discovery of gas and oil in the 1950s transformed the country into one of the richest in the region, and effectively made it Africa's third richest country. Libya has progressed in our health as a result of the finding of hydrocarbon wealth. The answer is complex and varies depending on how much danger you're willing to accept. If you're interested in trading, investing in Libya, or importing/exporting goods from/to the country, there have been various new laws implemented since 2011 that have streamlined trade permits and import/export restrictions. Foreign corporations can now own 100% of their Libyan subsidiaries (up from 60% previously), although Libyan residents must still own the majority of them. As Foreign companies with a minimum capitalization of $50,000 can also open completely owned subsidiaries in Libya as of 2015. There are plenty of local business opportunities for investors hoping to profit from Libya's reconstruction effort:

 

Reasons for starting a business in Libya

Libya's economy is based on free market principles. Petroleum, petroleum products, natural gas, and petrochemicals are all produced and exported. The working force numbers over 5 million people, with women accounting for 52% of the workforce, and unemployment is at 20%. If you want to start a business in Libya but don't know where to start, this is the place to go.

The Libyan economy is mostly based on oil profits, which account for 80% of export earnings, 45% of GDP, and 90% of government revenues. Oil production expansion aided in accelerating economic growth from 1.4 percent per year between 1969 and 1999 to 4.1 percent per year between 2000 and 2008. Reasons for getting started

 

Business-Friendly Policies and Government Initiatives;

As a new entrepreneur, you may be wondering if your country is good for business; as of 2016, enterprises that are at least 51 percent Libyan-owned, employ at least 100 people, and have at least $1 million in paid-up capital are eligible to apply for an operating licence. A business that meets these requirements will be granted a five-year license; businesses with fewer than 100 employees will be granted a four-year license. In addition, businesses with yearly revenues of less than $10 million can operate without obtaining a licence, but must file annual income tax filings. Currently, all foreign investors who intend to create or acquire a business must comply with Law No. 10/2012 on Investment Promotion. A stake of more than 20% in any corporate entity requires authorization from the General People's Committee on Foreign Investment (GPC). Prior notification is what it's called, and it's issued based on a set of general criteria established by The GPC.

 

Libya Industrial Infrastructure

Libya has a plethora of industrial facilities. It has a well-developed infrastructure within its borders, making it an ideal setting for companies looking to enter Libya's competitive industrial sector. However, before deciding whether or not to do business in Libya, there are various aspects to consider. This will assist you in ensuring that your business has every possibility to succeed and profit while doing so. Here are a few examples of what I'm talking about:

Libya's economy is driven by oil production and exports (80% of GDP), which account for the majority of the country's foreign exchange revenues. Agriculture, industry, and services are the three primary sectors after oil. Agriculture was once a significant element of Libya's economy, but it has since collapsed. During WWII, land was repurposed for different use. It now accounts for only approximately 3% of GDP while employing 12% of the workforce. Fishing also offers sustenance for locals; Libyans devour more fish per capita than anyone else in the planet—roughly 140 pounds per year! In 2010, industry provided 40% of GDP and employed 16% of the workforce. Petroleum products, textiles, apparel, refined petroleum products, chemicals, construction materials, plastics items, and processed foods among its most well-known products. Despite not having as many natural resources as many of its neighbours, Libya has proven deposits of high-grade crude oil that account for nearly all of its export profits.

 

What are the steps for Starting a Business in Libya

Seek guidance and make meticulous plans.

-Applications for permits, licences, and other authorizations are required.

-Decide on the structure of your company.

-Decide on a suitable site for your company.

-Determine finance sources as well as capital needs, such as property and equipment acquisitions or leasing expenditures.

-Draft a start-up plan with cash flow predictions (including a timetable).

-Decide how you'll get the goods and services you'll need for your firm.

-Choose the accounting system that will be used.

-If applicable, finalise contracts with vendors, contractors, employees, landlords, and others.

-Make sure you have both general liability and workers' compensation insurance.

 

Market Size of Libya

The market is expected to be worth more than $30 billion, or more than half of Tunisia's Gross Domestic Product (GDP). To put that in perspective, that is twice the size of Morocco's GDP and three times the size of Egypt's. Consumer spending on health care, education, food and beverage, tourism and travel, telecommunications equipment and services, automotive sales, and construction materials is included in this statistic. Libya's economy has been quickly rising since 2003, and it is anticipated to rise by 8% in 2011. In reality, according to Global Insight, a U.S.-based research organisation, Libya will be among Africa's fastest-growing economies over the next five years, with annual growth averaging 7%.

 

Industrial growth

Libya's GDP was estimated to be $69.75 billion in 2011, accounting for about 1.7 percent of global GDP (GDP). The GDP for 2012 is expected to be around US$39 billion. Libya is expected to have a nominal GDP of more than $100 billion by 2017, and will be one of Africa's top ten economies. Other natural resources include gypsum, limestone, sulphur, marble, and salt, in addition to oil production and export. Libyans consume the most water per capita in Africa, with each Libyan consuming 230 litres a day on average. Libya's GDP was estimated to be $69.75 billion in 2011, accounting for about 1.7 percent of global GDP (GDP). The GDP for 2012 is expected to be around US$39 billion. Libya is expected to have reached a point of no return by the end of the year. It will have a nominal GDP of more than $100 billion, making it one of Africa's top ten economies. Other natural resources include gypsum, limestone, sulphur, marble, and salt, in addition to oil production and export.

We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.

Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.

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Detergent Cake and Detergent Powder Manufacturing Industry

Detergent Cake and Detergent Powder Manufacturing Industry. Start a Washing Powder and Cake Business Detergent is a blend of surfactants with cleaning properties. The surfactants are the compounds similar to the soap and mostly soluble in hard water. The alkyl benzenesulfonates and their compounds are the main ingredients of the detergent. Detergents are mainly grouped into three types of detergents such as anionic detergents, cationic detergents, and non-ionic & zwitterionic detergents. In the household context detergents are referred as laundry detergents and foaming agents as a cleaning material. Detergents are usually available as powders or concentrated solutions. The household detergents are for daily household cleaning purposes while industrial detergents are used for the industrial needs. The main advantage of detergent powders is that they are easy to use and remove the dust, dirt, grease, oil and other environmental pollutants with ease and effectiveness. Detergent powders can be used for hand wash as well as machine wash applications. Detergent Cake is detergent in cake form, which can be used with hand as well as in soft water. Detergent cakes are generally formulated using one or more surfactants to improve their cleaning performance and make them good even for use in hard water conditions. Detergents are available in three forms, namely powder detergent, bar detergent and liquid detergent. Powder detergents are widely accepted by Indian consumers and dominate the industry. Even though detergent bars are still used in rural areas, they are fast disappearing from the market because of ineffectiveness. Features: • Effective cleaning • Safe chemicals • Lasts long • Exact composition • Hygienically processed • Effective results Apart from their use in clothes washing, detergents also have applications in the following industries: • In industry, in laundry and dry cleaning. • In textile processing, grain milling, metal plating and foods canning. • In dairy foods and beverages processing and in restaurants. • In plant maintenance and industrial house-keeping. Market Outlook Detergents, as a constituent of the overall FMCG industry, accounts for a near 12% of the total demand for all FMCG products estimated at over Rs. 530 bn. Detergents, chemically known as alfa olefin sulphonates (AOS) are used as fabric brightening agent, anti-deposition agent, stain remover and as a bleacher. A major input for the production of detergents is a petrochemical, Linear Alkyl Benzene (LAB), while soaps rely more on an inorganic chemical, caustic soda, as a major input. The overall market for detergent is growing with a CAGR of 13.06% from the last five years. the detergent market in India is expected to grow from INR 151.89 bn in 2015 to INR 243.04 bn by 2020 at a CAGR of 9.86%. The demand for detergents has been growing at an annual growth rate of 10 to 11 per cent during the past five years. Where an urban consumer prefers washing powder and detergents, a rural consumer is more inclined towards washing cakes and bars. But, over the last few years. At present, the size of the Indian FMCG market is estimated to be Rs 125,000 crore and is growing at the rate of 12 per cent yearly. According to an industry reports, the sector is expected to grow by up to 17 per cent annually to touch Rs 400,000 crore by 2020. The per-capita consumption rate of detergents in India is 2.7 kg per annum and this market is expected to grow at the rate of 7 to 9 per cent per annum in terms of volume. The penetration level of detergent bars and powder in India is higher as compared to the urban market. The use of certain chemicals and other toxic elements in detergents can potentially deteriorate purchase intent, which can hamper market growth. Detergent Cake and Detergent Powder Manufacturing Industry. Start a Washing Powder and Cake Business Detergent is a blend of surfactants with cleaning properties. The surfactants are the compounds similar to the soap and mostly soluble in hard water. The alkyl benzenesulfonates and their compounds are the main ingredients of the detergent. Detergents are mainly grouped into three types of detergents such as anionic detergents, cationic detergents, and non-ionic & zwitterionic detergents. In the household context detergents are referred as laundry detergents and foaming agents as a cleaning material. Detergents are usually available as powders or concentrated solutions. The household detergents are for daily household cleaning purposes while industrial detergents are used for the industrial needs. The main advantage of detergent powders is that they are easy to use and remove the dust, dirt, grease, oil and other environmental pollutants with ease and effectiveness. Detergent powders can be used for hand wash as well as machine wash applications. Detergent Cake is detergent in cake form, which can be used with hand as well as in soft water. Detergent cakes are generally formulated using one or more surfactants to improve their cleaning performance and make them good even for use in hard water conditions. Detergents are available in three forms, namely powder detergent, bar detergent and liquid detergent. Powder detergents are widely accepted by Indian consumers and dominate the industry. Even though detergent bars are still used in rural areas, they are fast disappearing from the market because of ineffectiveness. Features: • Effective cleaning • Safe chemicals • Lasts long • Exact composition • Hygienically processed • Effective results Apart from their use in clothes washing, detergents also have applications in the following industries: • In industry, in laundry and dry cleaning. • In textile processing, grain milling, metal plating and foods canning. • In dairy foods and beverages processing and in restaurants. • In plant maintenance and industrial house-keeping. Market Outlook Detergents, as a constituent of the overall FMCG industry, accounts for a near 12% of the total demand for all FMCG products estimated at over Rs. 530 bn. Detergents, chemically known as alfa olefin sulphonates (AOS) are used as fabric brightening agent, anti-deposition agent, stain remover and as a bleacher. A major input for the production of detergents is a petrochemical, Linear Alkyl Benzene (LAB), while soaps rely more on an inorganic chemical, caustic soda, as a major input. The overall market for detergent is growing with a CAGR of 13.06% from the last five years. the detergent market in India is expected to grow from INR 151.89 bn in 2015 to INR 243.04 bn by 2020 at a CAGR of 9.86%. The demand for detergents has been growing at an annual growth rate of 10 to 11 per cent during the past five years. Where an urban consumer prefers washing powder and detergents, a rural consumer is more inclined towards washing cakes and bars. But, over the last few years. At present, the size of the Indian FMCG market is estimated to be Rs 125,000 crore and is growing at the rate of 12 per cent yearly. According to an industry reports, the sector is expected to grow by up to 17 per cent annually to touch Rs 400,000 crore by 2020. The per-capita consumption rate of detergents in India is 2.7 kg per annum and this market is expected to grow at the rate of 7 to 9 per cent per annum in terms of volume. The penetration level of detergent bars and powder in India is higher as compared to the urban market. The use of certain chemicals and other toxic elements in detergents can potentially deteriorate purchase intent, which can hamper market growth. A key factor driving the growth of the market is the growth in surfactants market. Surfactants help in reducing the surface tension of water and thereby increase the wetting and spreading dynamics of water. These compounds improve the cleaning performance by enabling quick and effective wetting of substrate surfaces such as clothes dishes and others. Moreover, the detergent segment accounted for the largest share in the global surfactants market in 2017. Thus, the growth in surfactants is expected to enhance the growth of the detergent market, during the forecast period. The rapid changing lifestyles of people and global modernization are the key drivers for the detergent industry. Industries like chemical, paint, textile, paper and automobile are the key factors and demand drivers for the use of industrial detergents. Rising population and growing disposable income of the consumers enables increase in demand for the clothing, hospitality, and the end users are major driver for detergent market growth. On the other hand there are some restraints to the growth of detergent market such as government rules, norms, and regulations, environmental reforms, and CSRs. The key manufacturers in the Detergent include: P&G, Unilever, Church & Dwight, Henkel, Clorox, ReckittBenckiser, Kao, Scjohnson, Lion, Colgate, Amway, Phoenix Brand, LIBY Group, Nice Group, Blue Moon, Shanghai White Cat Group, Pangkam, Nafine, Lam Soon (Hong Kong) Limited, Lonkey, Reward Group, Kaimi, Baoding Qilijia Daily Chemical, Beijing Lvsan Chemistry FMCG Market in India FMCG market in India is expected to grow at a CAGR of 20.6 per cent and is expected to reach US$ 103.7 billion by 2020 from US$ 49 billion in 2016. The rural FMCG market in India is expected to grow at a CAGR of 14.6 per cent, and reach US$ 220 billion by 2025 from US$ 29.4 billion in 2016. FMCG is the 4th largest sector in the Indian economy. Growing awareness, easier access, and changing lifestyles are the key growth drivers for the consumer market. The focus on agriculture, MSMEs, education, healthcare, infrastructure and employment under the Union Budget 2018-19 is expected to directly impact the FMCG sector. These initiatives are expected to increase the disposable income in the hands of the common people, especially in the rural area, which will be beneficial for the sector. With rise in disposable incomes, mid- and high-income consumers in urban areas have shifted their purchasing trend from essential to premium products. In response, firms have started enhancing their premium products portfolio. Indian and multinational FMCG players are leveraging India as a strategic sourcing hub for cost-competitive product development and manufacturing to cater to international markets. Fast moving consumer goods (FMCG) sector is an important contributor to the India’s GDP growth. Currently, FMCG industry is the fourth largest sector in the Indian economy and provides employment to around 3 million people. Over the years, India FMCG sector has been growing at a healthy pace on account of growing disposable income, booming youth population and increasing brand consciousness among consumers. Top 10 India FMCG Brands are: • Hindustan Unilever Ltd. • ITC (Indian Tobacco Company) • Nestlé India • GCMMF (AMUL) • Dabur India • Asian Paints (India) • Cadbury India • Britannia Industries • Procter & Gamble Hygiene and Health Care • Marico Industries Starting a detergent powder or synthetic washing powder business is one of the most feasible business options owing to the straightforward manufacturing process involved. Detergent powder market is one segment of the FMCG market in the world with significant growth potential. Being a consumer good, people use it on a daily basis for clothes, hand wash and kitchen utensils and its demand is found in the market all through the year. Moreover, an entrepreneur can initiate a detergent manufacturing business with moderate capital investment. Tags #Detergent_Powder_&_Cake, #Manufacturing_of_Detergent_Powder, #Production_of_Detergent_Cake_&_Powder, How is Detergent Made? 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Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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E-Waste Recycling Plant

E-WASTE is a collective name for discarded electronic devices that enter the waste stream from various sources. It includes electronic appliances such as televisions, personal computers, telephones, air conditioners, cell phones, electronic toys, etc. The Electronics Recycling operates to the WEEE directive for efficient electronics disposal. The WEEE Directive aims to reduce the quantity of waste from electrical and electronic equipment and increase it’s re-use, recovery and recycling. India’s ‘production’ of e-waste is likely to increase by nearly three times, from the existing 18 lakh metric tons (MT) to 52 lakh MT) per annum by 2020 at a compound annual growth rate (CAGR) of about 30%. A mere 1.5% of India's total e-waste gets recycled. This facilitates the development of new technologies and ensures a high quality product.
Plant capacity: Plastic Granules: 400000 Kgs./Annum Glass Scrap: 300000 Kgs./Annum Copper Scrap: 250000 Kgs./Annum Precious Metals (Nickel, Tin & Zinc): 49996 Kgs./Annum Gold: 1.3200 Kgs./Annum Silver: 2.6400 Kgs./Annum Palladium: 0Plant & machinery: 85 lakhs
Working capital: -T.C.I: Cost of Project: Rs 829 lakhs
Return: 26.00%Break even: 38.00%
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E-Waste Recycling for Extraction of Precious Metals (Nickel, Tin & Zinc), Gold, Silver, Palladium, Plastic, Glass and Copper

E-WASTE is a collective name for discarded electronic devices that enter the waste stream from various sources. It includes electronic appliances such as televisions, personal computers, telephones, air conditioners, cell phones, electronic toys, etc. The Electronics Recycling operates to the WEEE directive for efficient electronics disposal. The WEEE Directive aims to reduce the quantity of waste from electrical and electronic equipment and increase it’s re-use, recovery and recycling. India’s ‘production’ of e-waste is likely to increase by nearly three times, from the existing 18 lakh metric tons (MT) to 52 lakh MT) per annum by 2020 at a compound annual growth rate (CAGR) of about 30%. A mere 1.5% of India's total e-waste gets recycled. This facilitates the development of new technologies and ensures a high quality product.
Plant capacity: Plastic Granules: 141000 Kgs./Annum Glass Scrap: 105900 Kgs./Annum Copper Scrap: 88200 Kgs./Annum Precious Metals (Nickel, Tin & Zinc): 18000 Kgs./Annum Gold: 5.760 Kgs./Annum Silver: 11.520 Kgs./Annum Palladium: 0.2Plant & machinery: 106 lakhs
Working capital: -T.C.I: Cost of Project: Rs 190 lakhs
Return: 26.00%Break even: 72.00%
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Plaster of Paris Board from Process of H-Acid Gypsum Waste

Plaster of Paris is a white powder obtained by heating Gypsum. Gypsum {CaSO4.2H2O} is a calcareous stone available in Gujarat, Rajasthan and many other parts of India and the world. Plaster of Paris [POP] boards are prepared on machine, adopt a similar process and due to mechanization, production rate is much faster. The POP boards are used for false ceiling, panelling and partitioning. POP boards are cheaper than most of the other boards. These are fire retardant and termite proof. Textured or half-perforated boards serve as good acoustic surface material. POP boards can be painted, laminated or veneered.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Commercial Vehicles Dealership -Sale of Commercial Vehicles -Spares -Servicing

Commercial vehicles are always under heavy duty operating conditions and therefore require more frequent servicing and repair needs of major and minor viz axle repair, leaf springs, bushings and engine repairs etc. All types of motor commercial vehicles like 4 wheeler buses, LCVs and HCVs, jeeps, and off shore heavy duty vehicles require regular normal service and repairs for safety and durability of these vehicles. India’s commercial vehicles of around 29 million during 2015 are expected to grow to more than 48 million vehicles by 2020. Also, domestic sales of commercial vehicles are expected to grow at a CAGR of 11.6% from 0.6 million in 2015 to more than 2 million by 2026.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Ashok Leyland Ltd. • Tata Motors Ltd. • Ashok Leyland Vehicles Ltd. • Asia Motor Works Ltd. • Mahindra Nissan Allwyn Ltd. • Man Trucks India Pvt. Ltd.
Plant capacity: Heavy Commerical Vehicles (HCVs): 480 Nos./Annum Commerical Vehicles (CVs): 1440 Nos./Annum Small Commerical Vehicles (SCVs): 1200 Nos./Annum Servicing of Heavy Commerical Vehicles (HCVs):60 Nos./Annum Servicing of Commerical Vehicles (CVs)Plant & machinery: Rs 350 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1956 lakhs
Return: 28.00%Break even: 43.00%
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Gypsum Plaster Board (Wall and Top Ceiling)

Gypsum Plaster Boards are constructional sheets composed of consigned Gypsum with about 15% fibre. Its outstanding contributes are fire resistance, dimensional stability, easy workability and low cost fibres are added to provide crack resistance and for fire resistance water repellent chemicals may be added to the board core. Gypsum plaster boards are selected for use according to their type, size, thickeners and edge profit. The Boards may be used for example to provided dry lining finishes to masonry walls, to ceilings etc. The Indian market for Gypsum Plaster Board is expected to reach about 333.64 million m2 by 2021 from 221.75 million m2 in 2016, The Gypsum plasterboard global market size is estimated to grow from USD 18.07 Billion in 2016 to USD 23.85 Billion by 2021, at a CAGR of 5.7% between 2016 and 2021.Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • B P B India Gypsym Ltd. • F C I Aravali Gypsum & Minerals India Ltd. • I D L Buildware Ltd. • I D L Salzbau (India) Ltd. • Jath Wind Energy Pvt. Ltd. • MytrahVayu (Manjira) Pvt. Ltd.
Plant capacity: 8000000 Sq.mt./AnnumPlant & machinery: Rs 805 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1497 lakhs
Return: 28.00%Break even: 55.00%
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Biodegradable Disposable Cups and Plates Using Sugarcane Bagasse

Sugarcane bagasse products are perfect solution for biodegradable food packaging which are environment friendly. These eco-friendly food containers are very easy for food takeaways which why is they are called as green food packaging or biodegradable disposable takeaways. These no plastic food containers not help nature but also our health too. The packaging industry in India is expected to reachUS$73 billion in 2020 from US$32 billion in FY15growing at a CAGR of 18%. Around US$ 3.6 Bn is the global disposable plates and cups market standing in 2017 and it is estimated to reach an evaluation of about US$ 6.4 Bn by 2027. This facilitates the development of new technologies and ensures a high quality product.
Plant capacity: 2800 Kgs/DayPlant & machinery: Rs 940 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1369 lakhs
Return: 26.00%Break even: 44.00%
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Opportunities in Commercial Vehicles Dealership

Opportunities in Commercial Vehicles Dealership (Sale of Commercial Vehicles, Spares and Servicing) Commercial vehicle is a kind of motor vehicle that is used for commercial purpose, not for private propose. A commercial vehicle carried goods and paying passenger for individual or business profit. Some of the commercial vehicles are buses, box trucks, pickup trucks, semi-trucks, vans, coaches, trailers, travel trailers and taxicabs. A commercial vehicle is any type of motor vehicle used for transporting goods or paid passengers or "commercial motor vehicle" as any motorized road vehicle, that by its type of construction and equipment is designed for, and capable of transporting. This means the tanks permanently fixed by the manufacturer to all motor vehicles of the same type as the vehicle in question and whose permanent fitting lets fuel be used directly, both for propulsion and, where appropriate, to power a refrigeration system. As commercial vehicles may be fleet vehicles, company cars, or other vehicles used for business. Vehicles that are designed to carry more than 15 passengers are considered a commercial vehicle. A vehicle may be considered a commercial vehicle if it: • Belongs to a company or corporation • Is used for business, but is in an individual's name, such as a sole proprietor. • Is a leased vehicle and in the name of the financial institution that owns it. • Exceeds a certain weight or class. • Is used to haul any hazardous material. Market Outlook India is the fourth-largest commercial vehicle market in the world, and it is also the fifth-largest manufacturer of commercial vehicles. Commercial vehicles can be categorized into Light Commercial Vehicles (LCVs), Medium Commercial Vehicles (MCVs) and Heavy Commercial Vehicles (HCVs) according to the maximum load they can carry. LCVs gross vehicle weight limit is 7.5 tonne, whereas MCVs’ is 25 tonne and HCVs’ is 49 tonne. India commercial vehicle market is projected to exhibit a CAGR of over 10% to reach $ 21.9 billion by FY2023, on account of increasing infrastructure development projects, growing logistics sector, ease of financing, etc. Moreover, commercial vehicles market is anticipated to become more lucrative, as new models and brands are rolled out in the coming years. Light Commercial Vehicles Indian automobile industry witnessed a growth of 32.86% in light commercial vehicles segment. Indian light commercial vehicles (LCVs) include a range of vehicles, such as cargo, tempo, mini trucks, buses, etc. The total market of light commercial vehicles was estimated at Rs. 98 bn in 2007-08 which was an increase of 8% over that of preceding year. India light commercial vehicles market is projected to surpass $ 6.8 billion by 2023. Anticipated growth in the market can be attributed to increasing number of infrastructure development projects, easy availability of vehicle financing schemes, and growing e-commerce and logistics sector. Moreover, implementation of BS IV standards, increasing demand for CNG and electric vehicles, launch of new models and foray of new brands in the Indian market are expected to positively influence the country’s light commercial vehicles market in the coming years. Some of the major players operating in India commercial vehicle market are Tata Motors Limited, Ashok Leyland Limited, VE Commercial Vehicles Limited, and Force Motors Limited. Production in Indian light commercial vehicle (LCV) segment witnessed a growth of more than 20%. At present, there are 7 manufacturers in Indian LCV segment. With increasing demand for load carriers, a few manufacturers are expanding their capacity and some of them are setting up new plants. Some of the manufactures are also in the process of launching new models of LCVs. Major players operating in India light commercial vehicles market are Tata Motors Limited, Ashok Leyland Limited, Mahindra & Mahindra Limited, VE Commercial Vehicles Limited, SML Isuzu Limited, Maruti Suzuki India Limited, Force Motors Limited and Piaggio Vehicles Private Limited. Medium & Heavy Commercial Vehicles Indian automobile industry witnessed a growth of 39.92% in medium & heavy commercial vehicle (MHCV) segment. Indian MHCV segment includes a range of vehicles such as cargo, trucks, buses, trailers, etc. Global Commercial Vehicles Market The global commercial vehicles market size was valued at USD 1.32 trillion in 2017 and is estimated to expand at a CAGR of 7.1% from 2018 to 2025. Although the market has been witnessing stagnant growth over the last few years, it is anticipated to recover with improved sales performance, particularly in emerging economies. Digitization along with increasing infrastructural spending is expected to elevate demand for commercial vehicles over the forecast period. In addition, increasing penetration of electric commercial vehicles is also anticipated to contribute toward market expansion over the coming years. Adoption of electric vehicles (EVs) is primarily driven by need to meet emission reduction standards and regulations enforced by government bodies worldwide. Commercial vehicle telematics is another trend that is gaining traction and is anticipated to have a positive impact on the market over the forecast period. The United States represents the largest and the fastest growing market worldwide with a CAGR of 5.9% over the analysis period. Asia-Pacific ranks as a production hub for commercial vehicles led by shifting of the automobile production base to low cost Asian countries. Rapid industrialization, development of road infrastructure, and steady rise in logistics, distribution and public transportation will drive growth in the region. The region is also expected to witness strong demand for buses encouraged by rapid urbanization and increasing need for safe and efficient public transportation in populous countries such as China and India. The global commercial vehicles manufacturing market is further segmented based on type and geography. By Type - The commercial vehicles manufacturing market is segmented into light commercial vehicle, heavy trucks, buses, coaches among these segments, the light commercial vehicle market accounts for the largest share in the global Commercial vehicles manufacturing market. By Geography - The global commercial vehicles manufacturing is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the global commercial vehicle market. With increase in growing demand of goods transportation and increase in economy the scope and potential for the global commercial vehicles manufacturing market is expected to significantly rise in the forecast period. Major players in the global Commercial vehicles manufacturing market include Daimler AG, Volvo Group, Man Truck & Bus, Hino Motors, Scania. Tags #Commercial_Vehicles, #Commercial_Vehicle_Dealership, #Heavy_Commercial_Vehicles_(HCVs), Commercial Vehicles (CVs), Small Commercial Vehicles (SCVs), #Servicing_of_Heavy_Commercial_Vehicles_(HCVs), Servicing of Commercial Vehicles (CVs), Servicing of Small Commercial Vehicles (SCVs), Large goods vehicle, Medium & Heavy Commercial Vehicles, #Industrial_Vehicle, Heavy Commercial Vehicles of India, Heavy Vehicle Industry in India, commercial vehicles in India, #Heavy_&_Light_Commercial_Vehicles, Commercial vehicles sales in India, Commercial Heavy Vehicle Repair and Maintenance Services, Heavy Commercial Vehicle Sales, #Commercial_Vehicle_Servicing, Commercial Vehicle Maintenance, #Detailed_Project_Report_on_Commercial_Vehicle_Dealership, Pre-Investment Feasibility Study on Commercial Vehicle Dealership, Techno-Economic feasibility study on Commercial Vehicle Dealership, Feasibility report on Commercial Vehicle Dealership, Free Project Profile on Commercial Vehicle Dealership, Project profile on Commercial Vehicle Dealership, Download free project profile on Commercial Vehicle Dealership, #Medium_and_Heavy_Commercial_Vehicles Industry, #Indian_Commercial_Vehicle_Industry, Project on Medium and Heavy Commercial Vehicles Industry, Heavy Vehicle Industry in India, Medium & Heavy Commercial Vehicles (MHCVs)
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Lithium Ion Battery (Battery Assembly)

Lithium batteries are now powering a wide range of electrical and electronical devices, including laptop computers, mobile phones, power tools, telecommunication systems and new generations of electric cars and vehicles. Lithium-ion (Li-ion) batteries, also known as secondary batteries, are rechargeable batteries in which lithium ions move from the negative electrode, usually made of carbon, to the positive electrode made of a metal oxide (nickel, manganese and cobalt) during discharge, and back when charging. The electrolyte is typically a mixture of organic solvents, such as ethylene carbonate, dimethyl carbonate or diethyl carbonate, containing complexes of lithium ions, such as lithium hexafluorophosphate (LiPF6), The India lithium-ion battery market is expected to grow at a robust CAGR of 29.26% during the forecast period, 2018-2023. The Indian automobile sector is one of the most prominent sectors of the country, accounting for nearly 7.1% of the national GDP. The industry produced a total of 25.31 million vehicles, including commercial, passenger, two, and three vehicles and commercial quadricycle in April-March 2017, as against 24.01 million in April-March 2016. However, India has set itself an ambitious target of having only electric vehicles (EV) by 2030, which is expected to increase the demand for lithium-ion batteries in India, significantly.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Lithium Ion Battery (Battery Assembly)

Lithium ion batteries are those that can be recharged. Lithium batteries are now powering a wide range of electrical and electronical devices, including laptop computers, mobile phones, power tools, telecommunication systems and new generations of electric cars and vehicles. The India lithium-ion battery market is expected to grow at a robust CAGR of 29.26% during the forecast period, 2018-2023. India has set itself an ambitious target of having only electric vehicles (EV) by 2030, which is expected to increase the demand for lithium-ion batteries in India, significantly. The high cost, associated with batteries that are used in the electric vehicles, is considered to be critical for India's ambitious target. To counter this, the Government of India is planning to set up lithium-ion battery manufacturing units in India, aggressively. This facilitates the development of new technologies and ensures a high quality product.
Plant capacity: 90 Volt, 180 AH Lithium Ion Battery Pack: 56 Nos./DayPlant & machinery: Rs 503 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1382 lakhs
Return: 31.00%Break even: 56.00%
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