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Investment Opportunities & Business Ideas in Senegal, West Africa - Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

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.

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Rubber Band

Rubber band manufacturing is one of the viable small scale business concepts which any of the aspiring entrepreneurs can explore for a successful business setup. The best part of starting a rubber band manufacturing business is that it can easily be started at home with fewer machinery and very small investment. So if you are the person who wants to be your own boss, then this is another small business idea which can help you to succeed at large. The rubber band is the most commonly used item in our daily life and most importantly at present, there is no other substitute product for rubber bands. The market potentiality of rubber band manufacturing is huge and every year it is growing in high scale due to the increase in demand.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Plastic Spectacle Frame

Plastic frames are affordable and come in a variety of styles and colors. Like metal frames, there are numerous types of plastics; whichever one works for you depends on your personality. One of the options that is known for being sturdy and lightweight is zyl. It is both cost-effective and stylish, coming in a variety of colors and shapes. Another option is nylon plastic. Also lightweight and strong, nylon plastic is virtually unbreakable and; thus, popular among athletes. Unfortunately, though, nylon frames tend to weaken over time due to sun exposure and are only available in darker colors because of its material. Another plastic frame option is acetate – they are hypoallergenic and come in a variety of colors and can really make a bold statement. A structure in plastic for enclosing or supporting ophthalmic lenses. Common materials include carbon fibre composite materials, which are a mixture of principally carbon and nylon in different percentages, cellulose acetate, cellulose propionate, nylon, epoxy resin (trade name Optyl), and Perspex and Plexiglas (which are both trade names for acrylic plastics containing mainly polymethyl methacrylate). The rise in disposable income has resulted in the increased purchase of eyeglasses, especially spectacle frames and sunglasses, which are perceived as a fashion accessory. Consumers are likely to buy a new set of eyeglasses or replace the old ones. Furthermore, the growing preferences of luxury and branded sunglasses are contributing significantly to the eyewear demand. Consumers are exhibiting preferences towards the premium product segment and are willing to spend more on these products. Vendors have introduced innovative eyewear products to cater to various needs of the customers.
Plant capacity: -Plant & machinery: -
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Return: 1.00%Break even: N/A
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Metal Spectacle Frame

Metal frames are basically the classic in the glasses world, they are like what a Ford Thunderbird is to the car world. They are the most durable. They come in variety of metals, including titanium, flexon, and stainless steel. These frames typically have more options available when it comes to texture, patterns and colors. The great option is flexon, which is considered a memory metal. It is strong, flexible, lightweight and hypoallergenic, perfect for the athlete (or those of us who want to pretend that we are athletes). There are stainless steel frames. These frames are also lightweight and corrosion resistant and great for a budget friendly person. Metal is expected to surpass USD 30 billion by 2024. Increasing preference for thin and lightweight material is anticipated to propel demand. Flexibility and durability along with aesthetic appearance are among the key features driving product penetration. Monel is the most common metal frame used globally and estimated to hold 18% of industry share in 2016. It is a mixture of many different materials as a result fairly corrosion resistant and is malleable enough to be durable and adjustable. Trivex are expected to grow at over 3.5% up to 2024. Increasing material demand owing to UV radiation absorption and impact-resistant properties will fuel the product demand.
Plant capacity: -Plant & machinery: -
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Return: 1.00%Break even: N/A
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Tomato Powder

Tomato powder is manufactured by dehydrating tomato and creating a fine powder. Tomato powder is one of the most widely used ingredient in food and beverage industry. It is rich in flavor which has increased its application in various product lines such as seasonings and savories, soup mixes, snack foods, curries and gravies, baby foods and many more. Tomatoes have high levels of glutamic acid, which is the molecule that creates a majority of the umami taste. Tomato powder is the most effecient way to store dehydrated tomatoes. The powder consists of just one ingredient: dehydrated natural tomatoes. It’s an awesome option not only for replacing tomato juice, paste, and sauce, but it can also add flavors in unexpected places. Tomato powder has a wide range of application in food and beverage industry owing to its rich flavoring attribute. Moreover, tomato contains a lot of health promoting phytochemicals and is rich in anti-oxidants which helps to keep skin cells healthy and keep ageing at bay. This has contributed to the growth of tomato powder market in cosmetic industry. Moreover, its use as a healthy supplement is bringing surge in the tomato powder market.
Plant capacity: -Plant & machinery: -
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Return: 1.00%Break even: N/A
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Rolling Mill

A rolling mill which uses the "hot rolling" method is capable of processing more gross weight of metal than any other manufacturing process. Rolling mills which use the "cold rolling" method can process the most tonnage from the entire range of cold working processes. There are many types of rolling processes used in rolling mills, including ring rolling, roll bending, roll forming, profile rolling, and controlled rolling. Rolling is a metal forming process in which metal stock is passed through one or more pairs of rolls to reduce the thickness and to make the thickness uniform. The concept is similar to the rolling of dough. Rolling is classified according to the temperature of the metal rolled. If the temperature of the metal is above its recrystallization temperature, then the process is known as hot rolling. If the temperature of the metal is below its recrystallization temperature, the process is known as cold rolling. In terms of usage, hot rolling processes more tonnage than any other manufacturing process, and cold rolling processes the most tonnage out of all cold working processes.
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Return: 1.00%Break even: N/A
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Tobacco Tooth Powder, Tooth Powder from Tobacco Dust

In India, there is a widespread misconception that tobacco is good for the teeth. Tobacco products are popular as a dentifrice in different parts of India and children also use such dentifrices. Among female smokeless tobacco users, the dominating form is tobacco toothpowder (41.3%). Among men it was khaini (57.1%) followed by tobacco toothpowder (8.8%). Many companies take advantage of this misconception and exploiting the addictive nature of nicotine by packaging and positioning their products as dental care products without explicitly stating so. Oral hygiene has assumed great importance in Indian households in the recent past and fast moving consumer goods (FMCG) companies are arming themselves to the teeth to capture a large share of this fast growing market. India oral care market has shown tremendous growth by value & volume in last few years in FMCG sector of India. Growing oral care market is driven by change in life style of consumers, demand of premium products, rising of disposable income etc. Penetration level of oral care products in urban area is high. India Oral care market is fragmented in 5 categories includes toothpaste, toothbrushes, toothpowder, mouthwash and others. Toothpaste is dominant in oral care market. It is a primary product in daily oral hygiene has huge presence in urban and rural area. Increasing health and personal oral hygiene, Indians are now more aware how their diet affecting their teeth and mouth. Indian is now willing to pay more for prevention attention. This has helped toothpaste category to grow drastically in oral care market.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Manufacturing of Sodium and Ammonium Molybdate

Global Inorganic Chemicals Market to Grow 4.5% by 2022. Manufacturing of Sodium and Ammonium Molybdate. Project Opportunities in Production of Inorganic Compound Sodium Molybdate Sodium Molybdate also known as disodium dioxide (dioxo) molybdenum is a chemical compound extensively consumed in fertilizer application. Other uses of sodium molybdate include nutritional supplement in food industry and as corrosion inhibitor in industrial applications. Sodium molybdate is often found as dehydrate and was first synthesized by the method of hydration. Sodium molybdate is an organic salt which is found in dietary supplements and other nutritional supplement. Sodium molybdate is a good source of molybdenum, it is used to for nitrogen fixation to support healthy growth of leguminous plants such as peas & leans, clover & Lucerne. Sodium molybdate is used as corrosion inhibition in industry. In addition, sodium molybdate is also used for reducing nitrite requirement of fluids inhibited with nitrite-amine in chemical plants and improves corrosion protection. Sodium molybdate is a chemically altered form of the mineral element, sodium. Sodium is a natural salt, and sodium molybdate is used in the food industry as a fertilizer and nutritional supplement for health. The agricultural industry uses large quantities of sodium molybdate as fertilizer, particularly on vegetables such as broccoli and cauliflower. It is also fed to some cattle to help treat copper deficiencies. As a result of its use on food products you consume, trace amounts of sodium molybdate may end up in the food supply. Sodium molybdate in your food can have a variety of effects on your body, although its complete effects are not fully understood. Sodium Molybdate is useful as a source of molybdenum. It is often found as the dihydrate, Na2MoO4•2H2O. The molybdate (VI) anion is tetrahedral. Sodium molybdate can help correct a sodium deficiency by adding extra sodium to your body; however, sodium molybdate is ingested in such small amounts its contribution to your overall sodium stores is probably negligible. Once in your body, the molybdenum molecule is cleaved off of the sodium molecule and can have positive effects on your health. Rapid industrialization across the globe is leading to increasing discharge of waste water and associated chemicals in to ecosystem, stringent government regulations on water disposal and environmental safety is leading towards increasing capacities of chemical and water treatment. Sodium molybdate is used for corrosion inhibition and water treatment in these facilities. Such investments in these facilities are expected to drive sodium molybdate consumption across the globe. Sodium molybdate is emerging as possible alternative additive for sodium dichromate in the electrolytic production of sodium chlorate to reduce environmental impact without hampering performance in maintaining high current efficiency. Increasing use of sodium molybdate for aforementioned applications is a growth factor for sodium molybdate consumption in near future. Global Sodium molybdate market can be segmented on the basis application, product type, and region. Applications of sodium molybdate has a wide span, due to low toxicity it is used in wide array of applications such as in inks, dyes and pigments, fertilizers, ingredients in food and water treatment agents. It is also used in pharmaceutical industry as an analytical reagent. On the basis of prominent applications, global sodium molybdate market can be segmented as: • Water treatment • Fertilizer • Pigments & dye • Corrosion inhibition • Others Ammonium Molybdate Ammonium Molybdate is an odorless crystalline compound ranging in color from white to yellow-green. Ammonium Molybdate also called molybdic acid hex ammonium, salt tetrahydrate, ammonium molybdate tetrahydrate, and ammonium heptamolybdate tetrahydrate. Molybdate is an odorless compound containing molybdenum and oxygen ions. Ammonium molybdate is an organic compound, which is manufactured by reacting molybdenum trioxide in the presence of excess ammonia. The compound is available in different physical forms: solid powder, liquid, crystals, and chunks. Uses: • As an analytical reagent • Presence of phosphates, silicates, • Arsenates and lead in pigments • In the production of molybdenum metal • In the preparation of dehydrogenation • In the fixing of metals • In electroplating • In fertilizers for crops. The compound is also used as a catalyst in production of polymers and other commercial chemical processes. Ammonium molybdate is also applied as an intermediate in some industries. Due to bright color of molybdate, the compound is employed in paints, inks, and as an indicator & reagent in different colorimetric chemical experiments. Ammonium molybdate is employed as an analgesic in the medical industry. It is employed as a source of molybdate ion for the production of molybdenum metals and ceramics. Ammonium molybdate is manufactured in different grades such as reagent & technical grade, laboratory grade, food & pharmaceutical grade, and industrial grade. These grades are utilized in different industries. Based on region, the ammonium molybdate market can be divided into Asia Pacific, Europe, Middle East & Africa, North America, and Latin America. The global Ammonium Molybdate Market industry has experienced an astonishing change structure-wise such as enhancements in technology, increasing raw material costs, manufacturing base been channeled to Asian countries, novel promising growth markets, etc. The global ammonium molybdate market can be segmented based on product type, application, end- use industry, and region. In terms of product type, the ammonium molybdate market can be segmented into ammonium orthomolybdate, ammonium molybdate tetrahydrate, ammonium octamolybdate, and others. Ammonium molybdate tetrahydrate is also known as ammonium heptamolybdate. It is manufactured by liberating ammonium upon heating ammonium orthomolybdate. In terms of application, the market can be divided into analytical reagent, fertilizers & micronutrient, catalyst, metals & ceramic, electroplating, corrosion inhibitor, pigment, and others. Ammonium molybdate is used in end-use industries such as chemical manufacturing, molybdate products, life science, research & laboratories, and others. Demand for ammonium molybdate is expected to be higher in the chemical manufacturing segment in the next few years. Increasing cost of raw materials and toxicity of ammonium molybdate are estimated to restrain the ammonium molybdate market. The compound is harmful for eyes, skin, kidneys, blood, and respiratory tract if swallowed or inhaled. Asia Pacific is estimated dominate the market in the near future. Industrial and economic growth in the region, and increase manufacturing capacities are boosting the ammonium molybdate market in Asia Pacific, particularly in China, Japan, and India. The ammonium molybdate market is anticipated to expand at a rapid pace in North America. Tags Sodium Molybdate, Molybdenum Compounds, Sodium Molybdate Food Grade, Molybdate Manufacturing Company, Sodium Molybdate Production, Sodium Molybdate Dihydrate Production, Sodium Molybdate Production Process, Sodium Molybdate Dihydrate (Smc), Manufacture Process for Ammonium Molybdate and Sodium Molybdate, Ammonium Molybdate, Chemical Compound, Sodium Molybdate (Na2moo4), Sodium Molybdate Solution, Molybdenum Industry, Sodium Molybdate (Vi), Preparation of Ammonium Molybdate Solution, Ammonium Orthomolybdate, Ammonium Heptamolybdate, Process for Producing Ammonium Molybdate, Ammonium Molybdate Production Technology, Ammonium Molybdate Production, Method for Producing Ammonium Heptamolybdate, Ammonium Molybdate(Vi), Ammonium Molybdate Solution Formula, Ammonium Molybdate Uses, Production of Ammonium Molybdate, Ammonium Molybdate, Preparation of Industrial Ammonium Molybdate, Ammonium Molybdate Solution, Ammonium Molybdate Manufacture, Ammonium Molybdate Production project ideas, Projects on Small Scale Industries, Small scale industries projects ideas, Project Report on Ammonium Molybdate Production Industry, Detailed Project Report on Sodium Molybdate Production, Project Report on Sodium Molybdate Production, Pre-Investment Feasibility Study on Sodium Molybdate Production, Techno-Economic feasibility study on Ammonium Molybdate Production, Feasibility report on Ammonium Molybdate Production, Free Project Profile on Sodium Molybdate Production, Project profile on Sodium Molybdate Production, Download free project profile on Ammonium Molybdate Production
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Return: 1.00%Break even: N/A
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Investment Opportunity in Bicycle and Cycle Rickshaw Manufacturing Industry

Investment Opportunity in Bicycle and Cycle Rickshaw Manufacturing Industry. Best Industry for Starting a Business. Bicycles are one of the world's most popular modes of transportation, with some 800 million bicycles outnumbering cars by two to one. Bicycles are also the most energy-efficient vehicle—a cyclist burns about 35 calories per mile (22 calories per km), while an automobile burns 1,860 calories per mile (1,156 calories per km). Bicycles are used not only for transportation, but for fitness, competition, and touring as well. They come in myriad shapes and styles, including racing bikes, all-terrain bikes, and stationary bicycles, as well as unicycles, tricycles, and tandems. Bicycles are widely used for transportation, recreation, and sport. Throughout the world, bicycles are essential to moving people and goods in areas where there are few automobiles. Intensifying traffic congestion issue and elevating fuel prices are foreseen to remain the key factors driving the need for cycling, and raising the demand for bicycles thereby. Growing health concerns among consumers, in addition to surging acceptance of green transportation in an effort to reduce carbon footprint, will play a pivotal role in the growth of global bicycle market in next eight years. Moreover, increasing government support encouraging adoption of bicycles and rapid development of dedicated cycling infrastructure in developed as well as developing economies will reportedly push the sales of bicycles in upcoming years. A growing application base of bicycles in trekking and recreational activities, coupled with a soaring number of cycling events will specifically uplift the demand for sports bicycles in near future. A bicycle is a common mode of transport for people in rural areas particularly within low income societies, but is continuously gaining traction in urban areas as well especially among successful and affluent people. The Indian bicycle market comprises of mainly roadsters, fancy, kids and other types of bicycles. Other bicycles include cycles meant for different purposes like mountain bikes, sports bike, hybrid bike, touring bike, etc. The categorization of bicycle market can be done based on end user viz. retail sector and institutional sector. Retail sector encompasses residents or people who buy bicycles for their personal use or for their near and dear ones from retail outlets. Whereas institutional sales are usually done in bulk and the prospective customers include Central or State Governments or societies or clubs at times. The bicycle market in India is projected to grow at a CAGR of over 11%, during 2016-2021, on account of growing population base, increasing discretionary spending and rising health consciousness among people. In India, cycling is being swiftly adopted as a means to stay fit and as a popular recreational activity. Further, many of state governments have started construction of dedicated bicycle lanes in major cities to encourage cycling, as an environment friendly means of transportation. Large share of the country’s total population is based in rural areas, where roadster bicycle is an important mode of transportation. With constant increase in volume demand for roadster bicycles in India, the segment is anticipated to continue dominating India bicycle market. Due to unavailability of efficient transportation facilities and appropriate road network in rural part of India, roadster bicycles are extensively used for transportation. Moreover, many state governments have also distributed bicycles to school children India, one of the fastest growing economies in the world, is witnessing high demand for sports bicycle. Growing focus on fitness and health, and increasing trend of using cycles to commute to work is projected drive sales of sports bicycles in the country during the coming years. On the back of growing demand for sports bicycles in the country, many international players have introduced their products in India bicycle market. Although, India has emerged as one of the major manufacturers of bicycles in the world, the country imports considerable number of high-end or premium bicycles from other countries to address domestic demand for high end bicycles. As sharing and rental services are currently gaining higher traction in the global bicycle market, stakeholders are increasingly striving to adapt to this trend. Moreover, a large number of corporate embracing cycling as a sustainable alternative to commute will be a significant factor impacting the sales of bicycles in next few years. At a moderate CAGR of 4.2%, the global market for bicycle will attain the revenue approaching US$ 80 Bn during 2018-2026. The market was valued at around US$ 55 Bn in 2017 and holds optimistic growth prospects over the assessment period. The global bicycle market is expected to grow moderately over the next few years. Adoption of a healthy lifestyle among people has given rise to fitness consciousness. Increasing popularity of mountain biking as a sport has propelled the sales of marketing bikes. Additionally, rising fuel costs, increased congestion on roads, lack of parking space, etc., are some of the drivers expected to spur bicycle market growth. Another key factor that is expected to drive this market is the increased focus on eco-friendly means of transportation in order to curb pollution. Bicycles are emerging as alternatives for shorter distance transportation that cause no pollution. Moreover, regulatory initiatives to promote cycling in order to reduce harmful carbon emissions and noise pollution are expected to be favorable for industry growth. In most of the developed countries, there has been a strong cycling facilities construction and bicycle facilities have received good support from the Governments. High energy efficiency along with perception of cycling as a fitness activity has contributed to increase in demand. Increasing costs of raw materials and growing demand and popularity of fuel driven bikes or motor bikes may hamper market growth in the coming years. The absence of cycling tracks in most parts of developing countries like India due to saturation of road width and inability of further road expansion can be a hindrance to the growth of this market. The Cycle Rickshaw is a small-scale local means of transport; it is also known by a variety of other names such as bike taxi, velotaxi, pedicab, bikecab, cyclo, beca, becak, trisikad, or trishaw. A Cycle Rickshaw is often hailed as environment-friendly and an inexpensive mode of transportation. Since it is considered as Indian traditional ride they are almost used in each and every part of India which includes villages, small towns, metros, heritage sites etc. In metros these are used inside institutional areas, market places and also in narrow and crowded lanes where there is accessibility problem for vehicles. Cycle Rickshaw - Doorstep service. - Convenient for Local Shopping. - Important Source of livelihood for the Poor. - Cost Efficient. - Poor Man’s Taxi. - Safe Transport for Local Schools. - Use for Garbage Collection. - Inexpensive and convenient mode of carrying goods over short distances. - A Tourist Attraction. - A Home and Rest Place Away from Home. - They do not require petroleum fuel and are thus inherently non-polluting. There are guesstimates that close to 1 million cycle rickshaws ply on the Indian roads carrying about 3-4 billion passengers-km/year. In some cities they are the major means of transport. They provide employment to about 700,000 rickshaw pullers, are very maneuverable and are completely non-polluting and hence environmentally friendly means of transport. It is very unfortunate that deliberate policies in most of the urban towns have been made by the concerned authorities to phase out these rickshaws. Hence these nonpolluting vehicles are being replaced by polluting (both air and noise wise) petrol and diesel powered 3wheelers. One of the reasons for authorities to phase out these rickshaws is because they are considered humanly degrading. An electric cycle rickshaw can take care of this issue besides providing extra income to a rickshaw puller. Cycle rickshaws also play a crucial role in employment and poverty alleviation in many countries in Asia. In most developing countries, the rickshaw pullers are migrant workers from rural areas looking for employment in urban areas. Rickshaws are one of the most important contributors to the Bangladeshi economy; nearly 6 % of Bangladesh’s GDP is contributed by rickshaw pullers. Around 20 % of the Bangladeshi population relies directly or indirectly on rickshaw pulling. Tags Bicycle Manufacturing Process Pdf, Bicycle Manufacturing Project Report, How are Bicycles made? Bicycle Manufacturing Business Plan, Manufacturing Process of Bicycle, Bicycle Industry, Bicycle Manufacture Business Plan, Bicycle Manufacturing, Bicycle Manufacture, Bicycle Manufacturing Industry, How to Start Bicycle Factory, Bicycle Manufacturing Industry, Bicycle Production, Cost of Setting Up a Bicycle Manufacturing Plant, Bicycle Plant, Project Profile on Bicycle Production, Rickshaw Manufacturing Company, How to Start Rickshaw Manufacturing Business, Bicycle Manufacturing Project Report, Bicycle Manufacturing Business, Bicycle Business Opportunity in India, How to Start Your Own Bicycle Business, Cycle Rickshaw, Bicycle and Cycle Rickshaw Manufacturing, Cycle Rickshaw Manufacture, Cycle Rickshaw Factory, Bicycle and Cycle Rickshaw Project Report, Rickshaw Manufacturing Company, Project Report on Bicycle Manufacturing Industry, Detailed Project Report on Rickshaw Manufacturing, Project Report on Rickshaw Manufacturing, Pre-Investment Feasibility Study on Bicycle Manufacturing, Techno-Economic feasibility study on Bicycle Manufacturing, Feasibility report on Rickshaw Manufacturing, Free Project Profile on Bicycle Manufacturing, Project profile on Rickshaw Manufacturing, Download free project profile on Bicycle Manufacturing
Plant capacity: -Plant & machinery: -
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Return: 1.00%Break even: N/A
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Investment Opportunity in Bicycle and Cycle Rickshaw Manufacturing Industry

Investment Opportunity in Bicycle and Cycle Rickshaw Manufacturing Industry. Best Industry for Starting a Business. Bicycles are one of the world's most popular modes of transportation, with some 800 million bicycles outnumbering cars by two to one. Bicycles are also the most energy-efficient vehicle—a cyclist burns about 35 calories per mile (22 calories per km), while an automobile burns 1,860 calories per mile (1,156 calories per km). Bicycles are used not only for transportation, but for fitness, competition, and touring as well. They come in myriad shapes and styles, including racing bikes, all-terrain bikes, and stationary bicycles, as well as unicycles, tricycles, and tandems. Bicycles are widely used for transportation, recreation, and sport. Throughout the world, bicycles are essential to moving people and goods in areas where there are few automobiles. Intensifying traffic congestion issue and elevating fuel prices are foreseen to remain the key factors driving the need for cycling, and raising the demand for bicycles thereby. Growing health concerns among consumers, in addition to surging acceptance of green transportation in an effort to reduce carbon footprint, will play a pivotal role in the growth of global bicycle market in next eight years. Moreover, increasing government support encouraging adoption of bicycles and rapid development of dedicated cycling infrastructure in developed as well as developing economies will reportedly push the sales of bicycles in upcoming years. A growing application base of bicycles in trekking and recreational activities, coupled with a soaring number of cycling events will specifically uplift the demand for sports bicycles in near future. A bicycle is a common mode of transport for people in rural areas particularly within low income societies, but is continuously gaining traction in urban areas as well especially among successful and affluent people. The Indian bicycle market comprises of mainly roadsters, fancy, kids and other types of bicycles. Other bicycles include cycles meant for different purposes like mountain bikes, sports bike, hybrid bike, touring bike, etc. The categorization of bicycle market can be done based on end user viz. retail sector and institutional sector. Retail sector encompasses residents or people who buy bicycles for their personal use or for their near and dear ones from retail outlets. Whereas institutional sales are usually done in bulk and the prospective customers include Central or State Governments or societies or clubs at times. The bicycle market in India is projected to grow at a CAGR of over 11%, during 2016-2021, on account of growing population base, increasing discretionary spending and rising health consciousness among people. In India, cycling is being swiftly adopted as a means to stay fit and as a popular recreational activity. Further, many of state governments have started construction of dedicated bicycle lanes in major cities to encourage cycling, as an environment friendly means of transportation. Large share of the country’s total population is based in rural areas, where roadster bicycle is an important mode of transportation. With constant increase in volume demand for roadster bicycles in India, the segment is anticipated to continue dominating India bicycle market. Due to unavailability of efficient transportation facilities and appropriate road network in rural part of India, roadster bicycles are extensively used for transportation. Moreover, many state governments have also distributed bicycles to school children India, one of the fastest growing economies in the world, is witnessing high demand for sports bicycle. Growing focus on fitness and health, and increasing trend of using cycles to commute to work is projected drive sales of sports bicycles in the country during the coming years. On the back of growing demand for sports bicycles in the country, many international players have introduced their products in India bicycle market. Although, India has emerged as one of the major manufacturers of bicycles in the world, the country imports considerable number of high-end or premium bicycles from other countries to address domestic demand for high end bicycles. As sharing and rental services are currently gaining higher traction in the global bicycle market, stakeholders are increasingly striving to adapt to this trend. Moreover, a large number of corporate embracing cycling as a sustainable alternative to commute will be a significant factor impacting the sales of bicycles in next few years. At a moderate CAGR of 4.2%, the global market for bicycle will attain the revenue approaching US$ 80 Bn during 2018-2026. The market was valued at around US$ 55 Bn in 2017 and holds optimistic growth prospects over the assessment period. The global bicycle market is expected to grow moderately over the next few years. Adoption of a healthy lifestyle among people has given rise to fitness consciousness. Increasing popularity of mountain biking as a sport has propelled the sales of marketing bikes. Additionally, rising fuel costs, increased congestion on roads, lack of parking space, etc., are some of the drivers expected to spur bicycle market growth. Another key factor that is expected to drive this market is the increased focus on eco-friendly means of transportation in order to curb pollution. Bicycles are emerging as alternatives for shorter distance transportation that cause no pollution. Moreover, regulatory initiatives to promote cycling in order to reduce harmful carbon emissions and noise pollution are expected to be favorable for industry growth. In most of the developed countries, there has been a strong cycling facilities construction and bicycle facilities have received good support from the Governments. High energy efficiency along with perception of cycling as a fitness activity has contributed to increase in demand. Increasing costs of raw materials and growing demand and popularity of fuel driven bikes or motor bikes may hamper market growth in the coming years. The absence of cycling tracks in most parts of developing countries like India due to saturation of road width and inability of further road expansion can be a hindrance to the growth of this market. The Cycle Rickshaw is a small-scale local means of transport; it is also known by a variety of other names such as bike taxi, velotaxi, pedicab, bikecab, cyclo, beca, becak, trisikad, or trishaw. A Cycle Rickshaw is often hailed as environment-friendly and an inexpensive mode of transportation. Since it is considered as Indian traditional ride they are almost used in each and every part of India which includes villages, small towns, metros, heritage sites etc. In metros these are used inside institutional areas, market places and also in narrow and crowded lanes where there is accessibility problem for vehicles. Cycle Rickshaw - Doorstep service. - Convenient for Local Shopping. - Important Source of livelihood for the Poor. - Cost Efficient. - Poor Man’s Taxi. - Safe Transport for Local Schools. - Use for Garbage Collection. - Inexpensive and convenient mode of carrying goods over short distances. - A Tourist Attraction. - A Home and Rest Place Away from Home. - They do not require petroleum fuel and are thus inherently non-polluting. There are guesstimates that close to 1 million cycle rickshaws ply on the Indian roads carrying about 3-4 billion passengers-km/year. In some cities they are the major means of transport. They provide employment to about 700,000 rickshaw pullers, are very maneuverable and are completely non-polluting and hence environmentally friendly means of transport. It is very unfortunate that deliberate policies in most of the urban towns have been made by the concerned authorities to phase out these rickshaws. Hence these nonpolluting vehicles are being replaced by polluting (both air and noise wise) petrol and diesel powered 3wheelers. One of the reasons for authorities to phase out these rickshaws is because they are considered humanly degrading. An electric cycle rickshaw can take care of this issue besides providing extra income to a rickshaw puller. Cycle rickshaws also play a crucial role in employment and poverty alleviation in many countries in Asia. In most developing countries, the rickshaw pullers are migrant workers from rural areas looking for employment in urban areas. Rickshaws are one of the most important contributors to the Bangladeshi economy; nearly 6 % of Bangladesh’s GDP is contributed by rickshaw pullers. Around 20 % of the Bangladeshi population relies directly or indirectly on rickshaw pulling. Tags Bicycle Manufacturing Process Pdf, Bicycle Manufacturing Project Report, How are Bicycles made? Bicycle Manufacturing Business Plan, Manufacturing Process of Bicycle, Bicycle Industry, Bicycle Manufacture Business Plan, Bicycle Manufacturing, Bicycle Manufacture, Bicycle Manufacturing Industry, How to Start Bicycle Factory, Bicycle Manufacturing Industry, Bicycle Production, Cost of Setting Up a Bicycle Manufacturing Plant, Bicycle Plant, Project Profile on Bicycle Production, Rickshaw Manufacturing Company, How to Start Rickshaw Manufacturing Business, Bicycle Manufacturing Project Report, Bicycle Manufacturing Business, Bicycle Business Opportunity in India, How to Start Your Own Bicycle Business, Cycle Rickshaw, Bicycle and Cycle Rickshaw Manufacturing, Cycle Rickshaw Manufacture, Cycle Rickshaw Factory, Bicycle and Cycle Rickshaw Project Report, Rickshaw Manufacturing Company, Project Report on Bicycle Manufacturing Industry, Detailed Project Report on Rickshaw Manufacturing, Project Report on Rickshaw Manufacturing, Pre-Investment Feasibility Study on Bicycle Manufacturing, Techno-Economic feasibility study on Bicycle Manufacturing, Feasibility report on Rickshaw Manufacturing, Free Project Profile on Bicycle Manufacturing, Project profile on Rickshaw Manufacturing, Download free project profile on Bicycle Manufacturing
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Return: 1.00%Break even: N/A
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Start a Profitable Business of LV Control & Power Cables, MV Cables

Start a Profitable Business of LV Control & Power Cables, MV Cables. Profitable Project Investment Opportunity in Cable Industry Low voltage (LV) power cable forms an essential component for secondary distribution of power at voltage less than 1 kV. Different types of low voltage accessories include fittings and fixtures, cable joints, cable terminations, among others which are used for cable installations in overhead and underground installations. Low voltage cables are used to supply power at low voltage. These cables form essential parts of the electrical and electronic systems in a broad range of applications. The cables have prime importance in the power sector, and thus, are important components in the generation, transmission, and distribution of electricity by power utilities. Low voltage cables are built up with solid and standard, rigid, copper and aluminum conductors, flexible copper conductors. Low voltage cable is an important component for secondary distribution of electricity. Low voltage accessories are utilized to maintain cables in the distribution network. Low voltage cables are used in the wiring of electrical installations in vehicles. The battery cable, a low voltage connection solution used in automobiles and agriculture and construction equipment, is also gaining popularity due to its ability to reduce electrical noise and withstand high temperatures during high voltage and low voltage applications. The growing automotive industry offers a significant market potential to low voltage cable manufacturers. Increasing production of renewable power along with growth in industrialization are the key factors that drive the growth of this market. Furthermore, government incentives to expand or upgrade the transmission & distribution (T&D) system is another factor boosting the growth of the market. Lack of funding make the market volatile along with significant delay in authorization of different T&D projects due to complexity in planning are key restraining factors that hinders the growth of the market. Increasing demand in power along with various wind power policies in different countries are the factors that would offer abundant growth opportunities to the market. Volatility in prices of raw material along with low-quality & cheap products in grey market are major challenges faced by key market players. A rising demand for electricity has fueled development in the power generation, transmission and distribution (T&D) sectors. The demand for equipment, such as low-voltage cable, is increasing with the growth in generation and T&D infrastructure. A low-voltage cable derives its demand from the deployment of distribution transformers in distribution networks. These transformers are mainly used in the utility sector, followed by the industrial and commercial sectors. In 2015, the utility sector accounted for almost 80 percent of market revenue. This trend is likely to drive the growth of the market over the forecast period. Growing penetration of renewable-energy sources in the power-generation sector will drive future demand for ?low-voltage cables.? The use of low voltage cables in smart grids is expected to fuel the demand further over the next four years. Low voltage cables are deployed in the T&D networks of smart grids. Moreover, the addition of novel appliances such as heat pumps, electric vehicles charging stations, and solar panels to the distribution networks further necessitates the use of low voltage cables in their interconnection. Rising investment in smart grids in APAC, EMEA, and the GCC countries owing to increased demand for electricity in these regions is expected to be a significant factor in the market’s growth during the forecast period. Major driving factors for the growth of low voltage cable market are Increasing demand of renewable power and expansion in urbanization and industrialization. The global low voltage cable market offers new growth opportunities, due to rising demand for power and increasing automotive industry growth in Asia Pacific region with high potential. The price of raw material is unpredictable and growing neutral market providing cheap products and low quality is expected to promote the use of low voltage cables. The smart grid is expected to fuel the demand further over the forecast years of low voltage cable market. Low voltage cable is an important component for secondary distribution of electricity. To satisfy the growing demand for electricity transmission and distribution, the network is expanding globally. Low voltage accessories are utilized to maintain cables in the distribution network. Accessories and power cables are important components for transmission and distribution system and will also grow with the growth in transmission and distribution system. Low voltage cables are utilized for electrical equipment with a voltage rating for alternating current between 50 to 1000v and for direct current between 75 to 1500v, thus they are not subjected to high electric stress. Low voltage cables are built up with solid and standard, rigid, copper and aluminum conductors, flexible copper conductors. Medium Voltage Cables, or MV cables, is a category defined by the International Electrotechnical Commission (IEC) as having a voltage rating of above 1kV up to 100kV. There does, however, remain some ambiguity over where the medium voltage cable band begins and ends, depending on the countries, the standard setting bodies, and the type of system used as historically engineers only referred to low voltage and high voltage. The concept of medium voltage was only introduced as the level of voltages increased and the need arose for a greater classification range, which now often includes extra low and extra high voltage. Medium voltage cable is suitable for use in wet or dry locations when installed in accordance with NEC. It is for use in aerial, direct burial, conduit, open tray, and underground duct installations. Medium-voltage cables are commonly used in mobile substation equipment, for distribution of power in industrial settings and in mining to supply power to drills, shovels, haulers, etc. These cables often come in standard voltages, including 5,000; 8,000; 15,000; 25,000; and 35,000 V. The medium voltage cables and accessories market is expected to grow from an estimated US$ 41.45 Billion in 2017 to US$ 56.18 Billion by 2022, at a CAGR of 6.27%, from 2017 to 2022. Increase in renewable energy generation and rapid industrialization and urbanization is expected to drive the market for medium voltage cables and accessories. The underground medium voltage cables and accessories segment of the installation market is expected to hold the largest share during the forecast period. On the basis of installation, the medium voltage cables and accessories market has been segmented into underground, overhead, and renewables. The underground sector accounted for the largest market share. Several benefits of using underground cables are lower transmission loss and maintenance costs, they release no electric fields, and can easily absorb power loads; these factors are expected to drive the medium voltage cables and accessories market. Thus, the underground segment of the medium voltage cables and accessories market is expected to grow at the highest CAGR during the forecast period. From the cable installation type, the medium voltage cable is divided into aerial cable, underground cable and submarine cable. Among them, underground cable is expected to become the fastest composite growth rate of products. From the voltage level, the 6-13 kv medium voltage cable will dominate the global medium voltage cable market demand. It is expected that by 2022, the global 6-13 KV medium-voltage cable and accessories market will reach 14.25 billion U.S. dollars, the period of annual composite increase rate reached 6.47%. Some of the driving factors like hasty growth in industrialization & urbanization, high production of renewable energy and rising government policies to expand the T&D systems are contributing for the market growth. However, less financial support and delay in intricate planning & authorization of projects are limiting the market. On the other hand, growing demand for power and wind policies in emerging countries is providing a significant opportunity for the market. In developed economies, such as Europe, requirement of increasing power generation and expanding wind sector offers significant growth potential. However, fluctuating prices of metals, such as copper, aluminum, and other metals, restrain the market growth. The demand for power infrastructure is driven by growing investments in renewables’ sector, thus offering significant opportunities for growth. Rapid industrialization and urbanization has been the key driving factor sustaining the growth of the medium voltage cables market. Industrialization and urbanization has been increasing at a much faster pace in the developing economies, resulting in more requirement for power generation, transmission, and distribution and thus is expected to boost the requirement of medium voltage cables. Tags LV & Control Cables, LV and MV Cables, Low Voltage Cable Production, Profile on Production of Electric Wires and LV Cables, Low Voltage Cable, Manufacturing of Low Voltage Cable, Low Voltage & Control Cables, Cable Manufacturing, Wire and Cable, Cable Manufacturing Process, Electric Cable Manufacturing in India, Business Ideas in Wire & Cable Manufacturing, Cable Manufacturing Company, Power Cable, Wires & Cables, Electrical Cables, Power Cable Manufacture, MV Cables Production, Medium Voltage (MV) Cables, Medium-Voltage Cables, Electrical Wire Manufacturing Process Pdf, Manufacturing of Medium Voltage Power Cables, Cable Manufacture, Cable Manufacturing Company, Project Report on Low Voltage Cable Production Industry, Detailed Project Report on Low Voltage Cable Production, Project Report on MV Cables Production, Pre-Investment Feasibility Study on Low Voltage Cable Production, Techno-Economic feasibility study on MV Cables Production, Feasibility report on Low Voltage Cable Production, Free Project Profile on MV Cables Production, Project profile on MV Cables Production, Download free project profile on Low Voltage Cable Production
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Return: 1.00%Break even: N/A
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