Best Business Opportunities in Rajasthan
The state of Rajasthan has the largest land area in the nation. It is one of the rapidly growing states in India, with an average annual growth of 11.6% in Gross State Domestic Product (GSDP) between the year 2011-12 and 2017-18. The following business ideas are viable for execution in the state:
Related Projects:- Textile, Apparel, Clothing, Denim wear, Innerwear, Lingerie, Hosiery, Denim Jeans, Readymade Garments and Under Garments Industry.
1.) Woolen Textiles: The deserted state is the largest in wool production across the country. As per the 20th Livestock Census of India, Rajasthan is ranked 4th in sheep population accounting for about 7.9 million. Around 40% to 50% of the total wool produce comes from Rajasthan. The sheep of different breeds are found in the state and the wool from the Chokla breed is of superior quality. For manufacturing better quality wool, there are breeding centers for the popular Chokla breed at Bikaner and Suratgarh. The average wool manufacturing is about 0.62/kg annually and in Rajasthan, it is around 1.2/kg annually. It has about 8 different sheep breeds (as illustrated below) renowned for its high-quality carpet wool, as 85% of the wool produced in the state is of carpet grade.
Image Source: https://www.rajras.in/sheep-in-rajasthan/
There are about 70 wool processing units in Rajasthan, and more than 15 million tonnes of wool are manufactured each year. Though the wool manufacturing industry is comparatively smaller in relative to the cotton or man-made fibre sector, it still has a significant role in the economic progress and textile exports of the nation. Thus, setting up production units for manufacturing wool-based textiles would prove to be a profitable business idea.
The skilled and expert team of NPCS with a well-designed plan assures higher gains. We offer all the significant information as per the project requisites.
Related Book: Modern Technology Of Oils, Fats & Its Derivatives (2nd Revised Edition)
2.) Oil Manufacturing: India is one of the largest manufacturers of oilseeds across the globe and this sector has a prominent position in the agricultural economy. As illustrated below, the state occupies a significant position in the manufacturing of oilseeds in the country. The primary oilseed crops of the state are soybean, groundnut, mustard-rapeseed, taramira, and sesamum. Rajasthan is ranked 1st and 3rd in the production of mustard-rapeseed and sesamum-soybean in the country respectively.
Image Source: www.brainly.in
Bharatpur, Alwar, Ganganagar, S, Madhopur, Hanumangadh, and Dholpur are the major oil-producing districts in Rajasthan.
India is one of the largest manufacturers of oilseeds across the globe, contributing about 8 to 9 % of the total oilseeds production. The state occupies a significant position in the manufacturing of oilseeds across the country as 12.8% of the total area, approximately 24.01 million hectares is under oilseeds cultivation. Thus, considering the huge availability of raw materials, manufacturing of oil would be a beneficial venture to start in the state.
Related Videos: Business Opportunities at North India, Northern India States Startup Ideas, Profitable Business Ideas
3.) Sandstone Processing: Rajasthan is the largest sandstone manufacturing Indian state, where sedimentary formations are explored in 17 districts occupying an area of 34,000 square meters. Huge deposits of splittable sandstone have been confirmed in an area of 16 square kilometres of which 10,000 square kilometres lies in eastern and south-eastern areas of Rajasthan covering areas of Bharatpur, Sawai Madhopur, Dholpur, Karauli, Kota, Bundi, Jhalawar, Bhilwara, Baran, and Chittorgarh. Since times, not only in India but across the globe, sandstone has been used for various purposes. The varied applicability of sandstone can be seen in various architectural monuments such as temples and buildings across the country.
As the state is a treasure trove of sandstone, more than 90% of Indian sandstone have been found. Over the last decade, sandstone quarrying, processing, and marketing have attained remarkable growth exhibiting great future prospects for the business.
NPCS is one of the established brands in the corporate world offering coherent technical consultations. Having explored the market for, ‘Business Opportunities in Rajasthan’, implementing the same would be a beneficial venture.
Pr.Pet_Art2021
For More Details:
Tags:-
#Best Business Opportunities in Rajasthan
#Top Business ideas to start in Rajasthan
#Top Business Opportunities in Rajasthan
#Profitable Business ideas to start in Rajasthan
#Venturing into Rajasthan
#Rajasthan: A state full of Business Opportunities
#Businesses to start in Rajasthan with lower investments and higher profits
#Investing in Rajasthan
#Upcoming business opportunities in Rajasthan
#Monetizing the natural resources of Rajasthan
#DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #bussinessplanshub #Startupbusiness4you #StartupBusinessPlan #startupinvestment #TextileBusiness #OilManufacturing #TextileIndustry
