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

Manipur is a state in north Eastern India, with the city of Imphal as its capital. Manipur has been at the crossroads of Asian economic and cultural exchange for more than 2500 years. It has long connected Indian subcontinent to Southeast Asia, enabling migration of people, cultures and religions. Manipur is primarily an agrarian economy, with significant hydroelectric power generation potential.

The natural vegetation occupies an area of about 14,365 km² which is nearly 64% of the total geographical area of the state. The vegetation consists of a large variety of plants ranging from short and tall grasses, reeds and bamboos to trees of various species. Broadly, there are four types of forests - Tropical Semi-evergreen, Dry Temperate Forest, Sub-Tropical Pine and Tropical Moist Deciduous.


DEMOGRAPHIC PROFILE

Manipur has population of 25.7 Lakhs, an increase from figure of 22.94 Lakh. Total population of Manipur as per 2011 census is 2,570,390 of which male and female are 1,290,171 and 1,280,219 respectively.

Total area of Manipur is 22,327 sq. km. Density of Manipur is 115 per sq km which is lower than national average 382 per sq km. In 2001, density of Manipur was 103 per sq km.

Of the total population of Manipur state, around 67.55 percent live in the villages of rural areas. In actual numbers, males and females were 878,469 and 857,767 respectively. Total population of rural areas of Manipur state was 1,736,236. In rural areas of Manipur, literacy rate for males and female stood at 83.39 % and 67.03 %. Average literacy rate in Manipur for rural areas was 76.20 percent. Total literates in rural areas were 1,142,564.

TOURISM

Least touched and least discovered Manipur promises to be the great tourist discovery of the21st century. An oval shaped valley surrounded by blue green hills, rich in art and tradition has inspired description such as the Switzerland of the East with its cascading rapids, tripling rivers, varieties of flowers, exotic blooms and lakes. The people of Manipur include Meitei, Nagas, Kuki-Chin-Mizo and Gorkhas groups and Muslims and other colorful communities which have lived in complete harmony for centuries.

The Ministry of Tourism has five Regional offices located at Kolkata (East), Mumbai (West), Delhi (North), Chennai (South) and Guwahati (North East), which are headed by an officer of the level of Deputy Director General designated as Regional Director.

Domestic tourists intending to visit Manipur by road via Dimapur/Kohima require Inner Line Permits to pass through Nagaland. These are issued by the Liaison officers of the Government of Nagaland at New Delhi, Calcutta, Guwahati, Shillong and the Sub-divisional officer (Civil), Dimapur, deputy Commissioner, Imphal can also issue permits to tourists traveling by road from imphal to Kohima and Dimapur in Nagaland.

INDUSTRY SECTOR

The Information Technology and IT Enabled Services sector in India is looking towards Tier-II and Tier-III cities to meet the growing demands of the industry for sourcing its required skilled manpower. The youth of Manipur have not only excelled in the field of Sports, but have already established a noticeable presence in the ITES industry in India.

Manipur State is striving to score higher on being business-friendly in terms of the available IT infrastructure. These include:

•        Software Technology Parks of India (STPI) unit of Imphal with Earth station and OFC connectivity.

•        Up gradation of IT infrastructure at Imphal to provide modern Business-ready built-up office space for IT/ITES firms.

•        Internet on the move – Various Telcos like BSNL, Tata Indicom, Airtel etc. are providing Wireless Internet across the State.

A high rate of unemployment exists in Manipur, particularly among the educated youth. According to the Live Register of Employment Exchange, the total number of educated job-seekers were recorded as 5, 83.65 thousands.

Manipur is rich in natural resources but due to difficult terrain, inadequate infrastructural facilities and varying climatic conditions, the state could not develop much in the industrial sector of its economy. In the initial stage, Govt. policy in the state was one of revival and revitalization of the traditional handlooms and handicrafts of the local habitats. The contribution of the manufacturing sector to the total gross state domestic product at current prices is found to be 6.17 percent. The trend of industrial development and the present local conditions of the state and in consonance with industrial policy of the Government of India, the Govt. of Manipur in its policy announcement of 1990, has decided to focus attention to the small scale and agro-based industries without discouraging the medium and large-scale industries. It is expected to serve the objective of employment generation and dispersal of industries in rural and urban areas. The state has laid emphasis on creating a strong industrial base and employment opportunities in the state through provision of various growth inducing factors based on locally available resources. It is based on locally available raw materials and minerals. In order to promote rapid industrialization, the State Government has over the years been offering attractive package of incentives and concessions to invigorative industries.

The khadi and Village Industries Commission (KVIC) was established by the Govt. of India in the year 1957. The Khadi and Village Industries is not only providing employment to people in rural and semi-urban areas at low investment per job, but also utilizes local skill resources and provides part-time as well as full time work to rural artisans, women and minorities.

The traditional sector of industries falls within the purview of organizations such as Khadi and Village Industries Commission. The KVIC include artisans in tiny industrial units and defines it as any industry located in a village or town inhabited by population not exceeding 10000 which produces goods and renders services with or without the use of power in which the fixed capital per head does not exceed Rs.15000.

Growth Centres are large villages or small towns which have the potential to become the nuclei for the socio-economic development of the surrounding area. The Growth Centres can be identified by the different orders with respect to the quality and quantity of services and facilities, service area and population. A growth centre of lowest order should have services such as agricultural input centre, primary and middle school, maternity and child care centres and daily market.

Small-Scale Industries (SSI) is an important segment of the economy, contributing substantially in the form of production, employment and exports. It has continued to play a vital role in the fulfillment of socio-economic objectives. The principal factor for defining small-scale Industries has always been based on the size of investment. Small-Scale Industries are those industries whose investment in fixed assets such as plants and machineries does not exceed Rs.100.00 lakhs (Rs.1 Crore). Investment in plant and machinery in respect of industry related Small-Scale Service and Business Enterprises (SSSBE) were increased to Rs.10.00 lakhs from Rs.5.00 lakhs. For speedy growth of small-scale industries, the Government has already brought about simplifications in the SSI registration procedures.

The State Government has introduced this Policy with various components being offered such as, incentives, improved infrastructure facilities, supply of quality power, and credit flow from Bank and Financial institutions, better market linkages and to boost investor confidence.

The Government of Manipur desire Manipur to be a preferred destination for industrial and trade activities and achieving to the aspiration of the people of Manipur, thereby affording to –

•        All round economic development and to improve living standards.

•        To create employment opportunities, skill development and self

•        Employment opportunities.

•        Optimal utilization of both natural and physical resources.

OBJECTIVE OF INDUSTRIAL POLICY

•        Develop adequate infrastructures to ensure planned and accelerated industrial development.

•        Promote maximum capital investment in the State for economic activities resulting in employment opportunities, improving standard of living of people at large and all-round development of the State.

•        Promote modernization and technology up-gradation of existing industrial units.

•        Encourage quality control, standardization and competitiveness of local products.

•        Promote eco-friendly industries.


INDUSTRIAL ACTIVITIES IDENTIFIED AS THRUST AREAS

•             Agro based industry 

•             Bio-Technology industries.

•             Floriculture. 

•             Handloom and Handicraft.

•             Medicinal Plants.

•             Distillation of oils from aromatic plants.

•             Mineral based industries.

•             Information Technology Trade and Commerce under Export Import mechanisms.

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.

We can modify the project capacity and project cost as per your requirement.
We can also prepare project report on any subject as per your requirement.

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Poultry Feed

Poultry feed is food for farm poultry, including chickens, ducks, geese and other domestic birds. Healthy poultry require a sufficient amount of protein and carbohydrates, along with the necessary vitamins, dietary minerals, and an adequate supply of water. Lactose-fermentation of feed can aid in supplying vitamins and minerals to poultry. Egg laying hens require 4 grams per day of calcium of which 2 grams are used in the egg. Oyster shells are often used as a source of dietary calcium. Certain diets also require the use of grit, tiny rocks such as pieces of granite, in the feed. The feed must remain clean and dry; contaminated feed can infect poultry. India's demand for compound feed is expected to rise 28 million tonnes by 2017-18. The market is expected to grow from USD XX billion in 2016, to USD XXX Billion market by 2022, growing at a CAGR of over 2.7% during the forecast period. The globally poultry feed market is projected to generate revenues worth $252,036.2 million and poultry feed additives is projected to generate $7,829.8 million by 2018 growing at a CAGR of 6.1% and 6.0 % respectively by 2018. . Which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • Amalgam Nutrients & Feeds Ltd. • Amrit Feeds Ltd. • Anmol Feeds Pvt. Ltd. • Annam Feeds Ltd. • Balaji Agro Inds. Ltd. • Jhunjhunwala Oil Mills Ltd. • Kapila Feeds Pvt. Ltd.
Plant capacity: Poultry Feed: 16 MT/DayPlant & machinery: Rs 43 lakhs
Working capital: -T.C.I: Cost of Project: Rs 244 lakhs
Return: 26.00%Break even: 55.00%
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Razor Blade

A razor is a bladed tool primarily used in the removal of unwanted body hair through the act of shaving. Kinds of razors include straight razors, disposable razor; The double-edged safety razor is a razor with a slant bar that can be used on both sides, with two open edges. The blade on the double-edged safety razor is slightly curved to allow for a smoother and cleaner shave. Indian men's grooming market will grow at a CAGR of 22% by 2020. This growth is mainly due to the rising need to look well groomed, increasing per capita income, and rapid urbanization. The global Disposable Razor Blades Market valuation is expected to rise by 2025. The changing fashion trends and increasing emphasis on external appearances are expected to drive market demand from 2017 to 2025. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Everkeen Blade Co. Ltd. • Gillette India Ltd. • Harbans Lal Malhotra & Sons Pvt. Ltd. • Laser Shaving Products Pvt. Ltd. • R C C (Sales) Pvt. Ltd. • Sharpedge Ltd.
Plant capacity: Razor Blade (Double Edge): 100,000 PKTS/DayPlant & machinery: Rs 681 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1325 lakhs
Return: 27.00%Break even: 54.00%
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Tempering and Toughening of Flat Glass

Toughened glass is a type of soda-lime-silica glass with a sheet thickness 4-12 mm. The sheet has a central tensile stress of 500-1200 kg/cm2 and a ratio of surface compressive stress to central tensile stress of 2:1 to 4:1. 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. Tempered glass is made from normal annealed glass via a thermal tempering process in which the glass is subjected to heat till its softening point and then rapidly cooled. This increases the strength of the glass. A fully tempered glass is 4 to 5 times stronger than an annealed glass of similar thickness. The total market of glass was valued at Rs. 60 bn with 80% supplied by domestic producers. The industry is growing at around 8% per annum. Consumption per capita of glass in India is only about 0.8 kg compared to 3.5 kg in China, 5.2 kg in Thailand, 12 kg in Malaysia and 2.5 kg in Indonesia. The total organised producers in the glass market have a turnover estimated at over Rs. 40 bn, represented by a fairly large number of suppliers. The global market for flat glass is approximately 62 mn tonne (0.2 mn per day), the market is growing at 6% per annum. Europe, China and North America together account for estimated 70% of high quality float glass demand. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Asahi India Glass Ltd. • Atul Glass Inds. Ltd. • Auroplast India Ltd. • Cherry Fashions Ltd. • Floatglass India Ltd. • Gobind Glass & Inds. Ltd. • Gold Plus Glass Industry Ltd.
Plant capacity: Tempered and Toughened Glass: 1280 Sq.Mt./DayPlant & machinery: Rs 337 lakhs
Working capital: -T.C.I: Cost of Project: Rs 767 lakhs
Return: 25.00%Break even: 58.00%
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Banana, Onion, Orange and Tomato Powder

The fruit & vegetable powders are specialized foods that have extremely high concentration of vitamins, minerals and phytonutrients. They make a great addition to smoothies and other recipes. Dehydrated vegetable and fruit powders are more practical than their fresh counterparts for food manufacturing. They have a longer shelf life and some powders like are packed with essential vitamins and minerals. While powders are high in demand, the problem is that most of them exist with bland flavors and colors. This is extraction, processing, and storage. Onion powder is considered to offer enhanced taste and better texture owing to which it has become an essential ingredient in a number of applications in the food industry. the market is further expected to reach a volume of around 68 Thousand Tons by 2022. the market is further expected to reach a volume of around 68 Thousand Tons by 2022. As a whole there is a good scope for new entrepreneur to invest in this business. ? Few Indian major players are as under • Coduras Exports Ltd. • Gujarat Dehyd Foods Ltd. • K I Z Foods Ltd. • Kasaar Innovative Foods Ltd. • L M P Gujarat Agro Exports Ltd. • Oceanic Foods Ltd. • Orient Vegetexpo Ltd.
Plant capacity: Banana Powder: 625 Kgs./Day Onion Powder: 300 Kgs./Day Orange Powder: 500 Kgs./Day Tomato Powder: 500 Kgs./DayPlant & machinery: Rs 98 lakhs
Working capital: -T.C.I: Cost of Project: Rs 401 lakhs
Return: 25.00%Break even: 65.00%
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Potato Powder, Granules and Pellets

Potato powder is increasingly being used in a variety of food preparations like snack foods, soups, curries and other dishes as a thickening agent. Potato Granules are created during a process where the potato cells remain almost intact, which leads to a very low proportion of starch. Potato Granules can be soluble at high temperatures when use as a thickening agent. Potato pellets are intermediate non-expanded products made with raw materials potatoes. These semi-finished products are generally sold to snack manufacturers. India Potato production is likely to be lower at close to 100 lakh tonne this year, down from 110 lakh tonne in 2017. Revenue in the Potato Products segment amounts to US$3405m in 2018. The market is expected to grow annually by 6.5 % (CAGR 2018-2021). From an international perspective it is shown that most revenue is generated in the United States (US$9,504m in 2018). As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Balaji Wafers Pvt. Ltd. • Indian Food Fermentations Ltd. • Kalindi Agro Biotech Ltd. • Southern Health Foods Pvt. Ltd.
Plant capacity: Potato Powder: 5 MT/Day Potato Granules : 2.50 MT/Day Potato Pellets: 2.50 MT/DayPlant & machinery: 726 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1068 lakhs
Return: 27.00%Break even: 49.00%
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Baby Diaper and Sanitary Napkins

A diaper or nappy is a kind of underwear that allows one to defecate or urinate in a discreet manner. Most materials in the diaper are held together with the use of a hot melt adhesive which is applied in spray form or multi lines, an elastic hot melt is also used to help with pad integrity when the diaper is wet. Sanitary napkin, a universally needed product, has very low penetration in India and other developing countries, partly due to its high price and partly due to the tradition of using cheaper but unhygienic old cloth piece. As a result they become the host of many infectious diseases. This is due to lack of awareness and economic inability for adopting better precautions like use of good sanitary napkins during menstruation period. The Baby Diaper market is expected to reach around INR 200 Billion by 2022, growing at a double digit CAGR over the forecasted period 2017-2022. According to “India Diaper Market Outlook, 2021”, India’s diaper market was growing with a CAGR of 22.23% over past five years. India feminine hygiene market grew with a CAGR of about 16.05% in the period of five years. As a whole entrepreneur can venture in this field will be successful. Few Indian major players are as under • Carewell Hygiene Products Ltd. • Centron Industrial Alliance Ltd. • Diapers India Ltd. • Godrej Hygiene Products Ltd. • Gufic Biosciences Ltd. • H L L Lifecare Ltd.
Plant capacity: Sanitary Napkins (8 Pcs/Pkt) : 31250 Packets/Day Baby Diapers (4 Pcs/Pkt): 25000 Packets/DayPlant & machinery: 704 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1331 lakhs
Return: 30.00%Break even: 48.00%
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Grape Wine

Wine can be made from grapes, fruits, berries etc. Most wine, though, is made from grapes. And no matter what the wine is made from, there must be fermentation, that is, that sugar be transformed into alcohol. If the amount of alcohol is relatively low, the result is wine. If it is high, the result is "distilled liquor," like gin or vodka. White wines can be made from pigmented grapes by removal of skins, pulp and seeds before juice fermentation. Wines might be "fortified," "sparkling," or "table." Wine production in India, though still at a nascent stage, is likely to reach 18 million liter this year and 21 million liter by 2018 from 17 million liter estimated last year, according to a study. The year-on-year growth rate has clocked five%, a just concluded study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) said. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Charosa Wineries Ltd. • Four Seasons Wines Ltd. • Grover Zampa Vineyards Ltd. • Indage Vintners Ltd. • Millennium Spirits Pvt. Ltd. • N D Wines Pvt. Ltd.
Plant capacity: Grape Wine (Each Bottle 750 ml Size): 444 Bottles/DayPlant & machinery: Rs 164 lakhs
Working capital: -T.C.I: Cost of Project: Rs 615 lakhs
Return: 29.00%Break even: 39.00%
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Dehydrated Vegetables, Mushroom and Soup

Dehydrating vegetables once dehydrated, they take very little room to store. Nutrients aren’t destroyed as they are with canning. Nothing is spoiled. And dehydrated vegetables can store for years. Most vegetables can be dehydrated; some require blanching first, but for many vegetables, prep is as simple as chopping or slicing. Dehydration is the process of removing water or moisture from a food product. Removing moisture from foods makes them smaller and lighter. The dried and preserved vegetables market of India is expected to grow at a CAGR of 16% by the year 2020. The supportive agro-climatic conditions, potential domestic market, cost competitiveness, and government support are some of the key factors which will drive the growth of this industry. The rising demand of seasonal vegetables across the year is supporting the growth of Dehydrated Vegetable market during the forecast period. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • A S R Agro Ltd. • Agro Dutch Inds. Ltd. • Classic Mushrooms Ltd. • Coduras Exports Ltd. • Flex Foods Ltd. • Gujarat Dehyd Foods Ltd. • Himalaya Food Intl. Ltd.
Plant capacity: Dehydrated Vegetables, Mushroom & Soup: 3130 Packs/DayPlant & machinery: 102 lakhs
Working capital: -T.C.I: Cost of Project: Rs 394 lakhs
Return: 27.00%Break even: 62.00%
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Mango Pulp With Cold Storage

Mango Pulp is prepared from selected varieties of Fresh Mango Fruit. Fully matured Mangoes are harvested, quickly transported to the fruit processing plant, inspected and washed. Selected high quality fruits go to the controlled ripening chambers; Fully Ripened Mango fruits are then washed, blanched, pulped, deseeded, centrifuged, homogenized, concentrated when required, thermally processed and aseptically filled maintaining sterility. As mango is a seasonal fruit, about 20% of fruits are processed for products such as puree, nectar, leather, pickles, canned slices, and chutney. These products experience worldwide popularity and have also gained importance in national and international market. The export of Senegal’s mangoes has greatly increased over the years. From 8,500 tons about 3 years ago and today we are exporting about 16,500 tons.
Plant capacity: Mango Pulp: 32.50 MT/Day Mango Concentrate: 16.25 MT/DayPlant & machinery: 1885 lakhs
Working capital: -T.C.I: Cost of Project: Rs 3232 lakhs
Return: 27.00%Break even: 47.00%
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Profitable Opportunities in E-commerce Business

E-commerce -- electronic commerce or EC -- is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business. Electronic commerce or ecommerce is a term for any type of business, or commercial transaction that involves the transfer of information across the Internet. It covers a range of different types of businesses, from consumer based retail sites, through auction or music sites, to business exchanges trading goods and services between corporations. It is currently one of the most important aspects of the Internet to emerge. Ecommerce allows consumers to electronically exchange goods and services with no barriers of time or distance. Electronic commerce has expanded rapidly over the past five years and is predicted to continue at this rate, or even accelerate. In the near future the boundaries between "conventional" and "electronic" commerce will become increasingly blurred as more and more businesses move sections of their operations onto the Internet. Business to Business or B2B refers to electronic commerce between businesses rather than between a business and a consumer. B2B businesses often deal with hundreds or even thousands of other businesses, either as customers or suppliers. Carrying out these transactions electronically provides vast competitive advantages over traditional methods. When implemented properly, ecommerce is often faster, cheaper and more convenient than the traditional methods of bartering goods and services. Different Types of E-commerce Websites Different e-commerce websites are labeled or referred to differently, based on the function they fulfill. • Business-to-Business (B2B): Electronic transactions of goods and services between companies. • Business-to-Consumer (B2C): Electronic transactions of goods and services between companies and consumers. • Consumer-to-Consumer (C2C): Electronic transactions of goods and services between consumers, mostly through a third party. • Consumer-to-Business (C2B): Electronic transactions of goods and services where individuals offer products or services to companies. • Business-to-Administration (B2A): Electronic transactions of goods and services between companies and public administrations. • Consumer-to-Administration (C2A): Electronic transactions of goods and services between individuals and public administrations. The Benefits of e-commerce There is a reason why e-commerce has demonstrated such explosive growth in the past couple of years. Indeed, with the internet becoming an essential requirement of everyday life, businesses are learning to take advantage of the numerous benefits of e-commerce, the most notable of which include: Global market. A physical store will always be limited by a geographical area it can serve. An online store, or any other type of e-commerce business for that matter, has the whole world as its market. Going from a local customer base to a global market at no additional cost is really one of the greatest advantages of trading online. Around-the-clock availability. Another great benefit of running an online business is that it is always open. For a merchant, it’s a dramatic increase in sales opportunities; for a customer, it’s a convenient and immediately available option. Reduced costs. E-commerce businesses benefit from significantly lower running costs. As there’s no need to hire sales staff or maintain a physical storefront, the major e-commerce costs go to warehousing and product storage. And those running a drop shipping business enjoy even lower upfront investment requirements. As merchants are able to save on operational costs, they can offer better deals and discounts to their customers. Inventory management. E-commerce businesses can automate their inventory management by using electronic tools to accelerate ordering, delivery and payment procedures. It’s saving businesses billions in operational and inventory costs. Serving niche markets. Running a niche brick-and-mortar business is extremely difficult. There’s almost no chance of scaling it unless a niche product becomes mainstream. By tapping into a global market, on the other hand, e-commerce retailers can build a highly profitable niche business without any further investment. Using online search capabilities, customers from any corner of the world can find and purchase your products. Working from anywhere. Often, running an e-commerce business means that you don’t need to sit in an office from 9 to 5 or suffer through a commute day-in and day-out. A laptop and a good internet connection is all it takes to manage your business from anywhere in the world. The e-commerce has transformed the way business is done in India. The Indian e-commerce market is expected to grow to US$ 200 billion by 2026 from US$ 38.5 billion as of 2017Much growth of the industry has been triggered by increasing internet and smartphone penetration. The ongoing digital transformation in the country is expected to increase India’s total internet user base to 829 million by 2021 from 445.96 million in2017. India’s internet economy is expected to double from US$125 billion as of April 2017 to US$ 250 billion by 2020, majorly backed by ecommerce. India’s E-commerce revenue is expected to jump from US$ 39 billion in 2017 to US$ 120 billion in 2020, growing at an annual rate of 51 per cent, the highest in the world. Indian e-commerce industry is all set to record the third highest growth rate in Asia-Pacific this year, as more and more young people in the country switch to using smartphones and make online purchases. Global retail e-commerce market is expected to witness a high growth on account of favorable attitude towards new shopping channels. The overall market is projected to grow at an approximate CAGR of 10% from 2016 to 2024. Retail e-commerce allows consumers to buy goods from the seller over the internet. Customers can find their interested products by visiting the website. Most online retailers use shopping cart software. Payment and delivery information are collected using a check out process. Convenience is the major factor driving the overall online shopping market growth. It is easier to navigate through various product categories with the help of search system. Consumers are finding it difficult to visit retail stores during their hectic schedule. E-commerce shopping allows consumers to shop sitting in an office or at home and operate for 24 hours. Also, product delivery is made door-step which eradicates the transportation trouble. Few major players are as under: • Alcove E-Commerce Pvt. Ltd. • Amazon Seller Services Pvt. Ltd. • Bookmywish E-Commerce Pvt. Ltd. • Clues Network Pvt. Ltd. • eBay India Pvt. Ltd. • JD.com • Alibaba • Uber • Rakuten • Meituan-Dianping • B2W • Zalando • Groupon • Flipkart • ASOS.com Tags Electronic Commerce (ecommerce), E-commerce, what is e-Commerce? - How to Start an e-Commerce Business? Start E-commerce Business in 2018, Starting an E-commerce Business, How to Start Ecommerce Business in India, E Commerce Business Ideas, e commerce Business Plan, How to Start Ecommerce Business Pdf, e Commerce Business Opportunities, Ecommerce Business Ideas in 2018, E-commerce Business Ideas with High Profit, Amazing Startup Business Ideas that'll make you Money, Profitable Innovative Ecommerce Business Ideas, ecommerce Ideas to Make Money, E-Commerce Startup Ideas, E-Commerce Business Ideas You Can Start Up Today, E-Commerce Business & Franchise Opportunities, Business Opportunities in E-Commerce, E-Commerce Business Opportunities, E-Commerce Business Ideas & Opportunities, Cost of Setting Up an Ecommerce Business in India, How to Start Your Own Ecommerce Business, Indian Ecommerce Industry, E-Commerce in India, Detailed Project Report on E-commerce, Project Report on E-commerce, Pre-Investment Feasibility Study on E-commerce, Techno-Economic feasibility study on E-commerce, Feasibility report on E-commerce, Free Project Profile on E-commerce, Project profile on E-commerce, Download free project profile on E-commerce
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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