The Most Profitable Businesses and Industries for a New Startup.


 

Coming up with a business idea and starting a business can seem overwhelming and complicated. There are so many things you have to consider from coming up with an excellent idea to registering a company, all the way to business planning, fundraising and much more.

 

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Running a business can have a powerful impact on your life and the lives of those around you. But before you can run a business, you need to start a business. Deciding to start your own business can seem like a daunting prospect if you’ve never done it before. Luckily, plenty of other entrepreneurs have, and you can benefit from the wisdom they gleaned from their successes—and their mistakes.

 

Related projects: - Project Reports & Profiles

 

No matter how ambitious your business goals ultimately are, you can still start a business in your spare time, working around the current commitments in your life. Not everyone has the ability to quit their full-time job and pursue launching something of their own, but that doesn’t mean you can’t get started. Finding a business idea is something you can approach systematically by relying on time-tested approaches that have worked for other entrepreneurs.

 

Related Books: - BOOKS & DATABASES

 

Before you start a business, you should be absolutely clear about why you are doing it. That may sound obvious, but there are actually many reasons why someone should choose to turn their back on the security of a job and career for the uncertainty of starting a business. So the clearer you are about what exactly you are trying to achieve, the better chance you have of achieving it.

 

1. Razor Blade Business for Safety Razors and Disposable Safety Razors

 

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.

 

Related Projects: Industrial & Engineering Products, Manufactured Goods, Industrial Engineering Products. Mechanical, Engineering, Automobile Industries, Metal, Metallurgical, S.S. Utensil, Wire, Aluminum, Brass, Copper Products, LPG Cylinder and Valves

 

The safety razor is gentler on the skin. Because it only has a single blade, there aren’t many opportunities for cutting skin—unless of course, one is really clumsy. A safety razor also allows more maneuverability than a cartridge disposable. The safety razor design allows to make slight adjustments to the angle, thereby increasing the quality of shave.

 

Related Videos: Industrial & Engineering Products, Manufactured Goods, Mechanical, Automobile, Metal, Metallurgical, Wire, Aluminum, Copper Products, LPG Cylinder

 

The demand for men's grooming market has seen a rise in the last few years because of increased consciousness of their looks among the male customer. Also as more than 50% of the population is under the age group of 30, the industry has huge local market. Moreover, rising urban middle class population, and improved distribution channels in tier II and tier III cities, are also expected to stimulate growth in the market through 2020.

 

2. Disposable Plate and Cups from Waste Rice Husk Powder

 

Disposable plate and cups has emerged as a better alternative to plastics across the globe and Indians have been early adopters of biodegradable products. All kinds of plant biomass material such as bagasse, rice husk, coconut coir etc.

 

Related Projects: - Disposable Products and Projects from Paper, Plastic, Thermocol, Banana Leaves

 

Rice husk plates is highly friendly, high performing, and cost-effective products manufacturing using top-quality materials and industry-leading technology. Great to hold and use and no unpleasant feeling of wooden single use tableware in your mouth.

 

Related Videos: - Biodegradable Products, Recyclable, Disposable, Eco-Friendly Plastics, Bioplastics, Compostable, Biodegradable Packaging for Food Products

 

Disposable plates and cups has gathered groundswell of interest among consumer worldwide due to compelling environmental reasons. To that end, augmenting the popularity of biodegradable utensils are their better sustainability than plastics and the salient environmental-friendliness of biodegradable materials.

 

3.  Ductile Iron Pipe Fittings:

 

Casting other than a pipe, which allows pipeline deviation, change of direction or bore. In addition flanged-sockets, flanged-spigots and collars are also classified as fittings. Iron or steel pipes and tubes are used in a variety of industries.

 

Related Projects: Business of Pipes and Tubes

 

Pipe fittings basically include the range of components that are used to connect pipe ends for in-line, multi-port, offset and mounting configurations. Pipe fitting cross sections are mostly, but not always, circular in shape to match with the pipe section with which they are connected.

 

Market Research: - Market Research Report

 

The increasing share of DI pipes obviously indicates its rising acceptance by customers and its growing popularity. The increasing share of DI pipes indicates that DI pipes are gradually replacing all other pipes, especially steel pipes. The government bodies have virtually stopped purchase of CI pipes for potable water supply and the existing CI pipelines are increasingly being replaced by DI pipes.

 

4.  Silicon Metal:

 

Silicon is the fourteenth element of the periodic table and is a Group IVA element, along with carbon germanium, tin and lead. Pure silicon is a dark gray solid with the same crystalline structure as diamond. Its chemical and physical properties are similar to this material.

 

Related Projects: Ferroalloys, Ferro Alloys, Manganese Alloys (Ferromanganese, Silicomanganese), Ferrosilicon, Chrome Alloys, Noble Ferro Alloys (Ferromolybdenum, Ferrovanadium, Ferrotungsten, magnesium ferrosilicon, Ferro Boron, Ferrotitanium) Projects

 

Silicon is the second most common element in the Earth’s crust, although it is hard to find it in nature as a pure element. China is by far the world’s largest producer of silicon, including thereby silicon content for ferrosilicon and silicon metal.

 

Related Videos: Steel and Steel Products, Iron and Steel, Ferrous Metals Products, Alloy Steel, Tinplate, Carbon Steel, Steel Mill, Forge Products, Mild Steels Projects

 

The silicon metal market was valued at over 2.9 million ton, and the market is projected to register a CAGR of 4% during the period of (2021-2026). Silicon metal is the base material for so many products; hence, it has an important role in industrial and consumer sectors.

 

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Presently, the use of silicon metal for producing aluminum alloys holds the largest share in the total silicon metal production. Aluminum alloys are used in producing automotive components and aerospace products.

 

5.   Disposable Safety Razors:

 

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.

 

Start a Business in Africa, Click Here

 

The safety razor is gentler on the skin. Because it only has a single blade, there aren’t many opportunities for cutting skin—unless of course, one is really clumsy. A safety razor also allows more maneuverability than a cartridge disposable. The safety razor design allows to make slight adjustments to the angle, thereby increasing the quality of shave.

 

Start a Business in India, Click Here

 

The demand for men's grooming market has seen a rise in the last few years because of increased consciousness of their looks among the male customer. Also as more than 50% of the population is under the age group of 30, the industry has huge local market.

 

6.   Medium Density Fiberboard (MDF):

 

Fiberboard is sometimes used as a synonym for particle board, but particle board usually refers to low-density fiberboard. Plywood is not a type of fiberboard, as it is made of thin sheets of wood, not wood fibers or particles. Fiberboard, particularly medium-density fiberboard (MDF), is heavily used in the furniture industry. For pieces that will be visible, a veneer of wood is often glued onto fiberboard to give it the appearance of conventional wood.

 

Related Projects: Wood and Wood Products, Plywood, Board, Particle Board, Wooden Furniture, Bamboo, Engineered wood, Forest product, Lumber, Tree, Wood drying, Wood plastic composite, Door, Window, Modular Furniture, Timber, Woodworking, Decorative Laminated Sheets

 

Medium density fiberboard (MDF) is a generic term for a panel primarily composed of lignocellulosic fibers combined with a synthetic resin or other suitable bonding system and bonded together under heat and pressure. The panels are compressed to a density of 0.50 to 0.80 and specific gravity (31-50 lb/ft3).

 

Related Videos:- Wood and Wood Products, Plywood, Particle Board, Wooden Furniture, Bamboo, Forest Product, Wood Plastic Composite, Timber and Woodworking

 

MDF is a superior substitute for cheap unbranded plywood and demand for it is being driven by a penchant for readymade modular furniture among the young and the aspiring who are eager on aestheticizing their interiors.

 

7. Oxygen Gas Plant (Industrial and Pharmaceutical Grade):

 

Oxygen (CO2, gas at O0/1 matm. 1.429 g. /l, crit. pressure, 49.7 matm.) is a colorless, odourless, and tasteless gas, somewhat heavier than air.

 

Related Book: The Complete Book on Industrial Gases (Acetylene, Argon, Butane, Butene, Carbon Dioxide, Carbon Monoxide, Ethane, Ethene, Helium, Hydrogen Chloride, Hydrogen, Krypton, Liquefied Natural Gas (LNG), Methane, Neon, Nitrogen, Nitrogen Trifluoride Gas, Nitrous Oxide, Oxygen, Ozone, Propane, Propene, Refrigerant Gases, Sulphur Dioxide Gas, Sulphur Hexafluoride Gas, Xenon, Gas Mixtures with Machinery Equipment Details and Factory Layout)

 

It is one of the most active elements and plays on essential part in the respiration of living cells and in combustion.

 

Related Projects: Industrial Gases Projects

 

The gas industry in India has a large number of small plants spread all over the country. Also there are tonnage plants of global standards and capacity, which are set up in different parts of the country.

 

Related Videos: Industrial, Medical and Specialty Gases Manufacturing Project Ideas

 

The industrial gases industry has gone through substantial reorganisation and modernisation with a large increase in capacity since liberalisation of the Indian economy. Some of the Indian majors are expanding their capacities or replacing their old plants. Most of the new plants are captive units.

 

 

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ABOUT NPCS

 

NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report,  Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.

 


And before diversifying/venturing into any product, wish to study the following aspects of the identified product:


• Good Present/Future Demand
• Export-Import Market Potential
• Raw Material & Manpower Availability
• Project Costs and Payback Period


We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.

 

The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project?
• What will drive the growth of the product?
• What are the costs involved?
• What will be the market potential?


The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.


Reasons for buying the report:

• This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.

• This report provides vital information on the product like its definition, characteristics and segmentation.

• This report helps you market and place the product correctly by identifying the target customer group of the product.

• This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials.

• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.

 

Our Approach:


• Our research reports broadly cover Indian markets, present analysis, outlook and forecast.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players. 

• We use reliable sources of information and databases.  And information from such sources is processed by us and included in the report.

 

Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:

 

 

Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications

 

Ø  Market Study and Assessment

·         Current Indian Market Scenario

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity

 

Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers

 

Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel

 

Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)

 

Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram

 

Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities

 

Project at a Glance

Along with financial details as under:

 

  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital

 

  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals

                Revenue/Income/Realisation

                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios

                D.S.C.R

                Earnings Per Share (EPS)

               

             Debt Equity Ratio

        Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 

                B.E.P

  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR