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5 Profitable Business Ideas under 1 Crore: Launching Your Own Industry (75 Lakhs - 1 Crore Plant & Machinery Cost)


 

The world of entrepreneurship is brimming with exciting possibilities, and starting your own manufacturing industry can be a fulfilling and rewarding journey. This article explores five potential business ideas that fall within the investment range of 75 lakhs to 1 crore for plant and machinery costs. We'll delve into the reasons why these options hold promise for new ventures, analyzing their market size, share, trends, and potential benefits for aspiring entrepreneurs.

1. Bromelain Enzyme from Pineapple Stems:

  • Market Potential: Bromelain, an enzyme derived from pineapple stems, holds significant value in the food, pharmaceutical, and textile industries. Its applications range from meat tenderization and bakery products to medicinal uses in anti-inflammatory and digestive support. The global bromelain market is expected to reach USD 522.2 million by 2027, reflecting a growing demand driven by its diverse applications and health benefits.
  • Reasons to Invest:
    • High-Value Product: Bromelain commands a premium price in the market due to its unique properties and increasing demand.
    • Sustainable Advantage: Utilizing pineapple stems, a waste product from the fruit processing industry, creates a sustainable and eco-friendly production process.
    • Growing Market: The expanding market for bromelain presents a promising opportunity for new players to capture a share.
  • Market Analysis: The Asia Pacific region currently dominates the bromelain market due to the abundance of pineapple cultivation. However, Europe and North America are expected to witness significant growth in the coming years, creating a global market opportunity.

 

Visit this Page for More Information: Best Industry for Doing Business

 

2. Adhesive (Fevicol Type - D2, D3, D4):

  • Market Potential: Adhesives, like Fevicol, are fundamental to various industries, including construction, furniture manufacturing, and DIY applications. The Indian adhesives market is estimated to be valued at INR 14,500 Crore by 2025, showcasing the vast potential for domestic players.
  • Reasons to Invest:
    • Evergreen Demand: Adhesives are essential products with consistent demand across various sectors.
    • Brand Building Opportunity: Creating a strong brand identity can help establish a foothold in the competitive market.
    • Potential for Specialization: Focusing on specific applications like waterproof adhesives or high-performance bonds can cater to niche markets.
  • Market Analysis: The Indian adhesives market is witnessing a shift towards technologically advanced and eco-friendly products. Additionally, the growing urbanization and infrastructure development are expected to fuel market growth.

 

Related Business Plans: Business Ideas: 75 Lakhs – 1 Crore (Plant and Machinery): Selected Project Profiles for Entrepreneurs, Startups

 

3. E-Waste Recycling Plant:

  • Market Potential: The global e-waste recycling market is projected to reach USD 52.94 billion by 2027, driven by the increasing generation of electronic waste and growing environmental concerns. E-waste recycling ensures the proper disposal and extraction of valuable materials from electronic devices.
  • Reasons to Invest:
    • Environmental Responsibility: E-waste recycling addresses a critical environmental challenge and contributes to a sustainable future.
    • Government Support: Many governments are implementing regulations and offering incentives to promote e-waste recycling, creating a favorable business environment.
    • Resource Recovery: Recovering valuable materials like metals and plastics from e-waste reduces dependence on virgin resources and promotes a circular economy.
  • Market Analysis: The rapid technological advancements and shorter life cycles of electronic devices are leading to a continuous surge in e-waste generation. This necessitates efficient and responsible e-waste management solutions, creating a lucrative market opportunity.

 

Read Similar Article: 30 Profitable Business Ideas under 75 Lakhs – 1 Crore (Plant and Machinery Cost): Start Your Own Industry

 

4. Disposable Personal Protective Equipment (PPE) Kit:

  • Market Potential: The COVID-19 pandemic has significantly increased the demand for PPE kits, including face masks, gloves, and protective clothing. The global PPE market size is estimated to reach USD 80.93 billion by 2027, indicating a sustained demand even beyond the pandemic.
  • Reasons to Invest:
    • Essential Product: PPE kits are crucial for protecting healthcare workers, industrial workers, and the general public from various hazards.
    • Diverse Applications: PPE finds applications in various sectors beyond healthcare, including construction, food processing, and cleaning services.
    • Adaptability: The ability to adapt and cater to the evolving needs of different industries can ensure long-term market relevance.
  • Market Analysis: The growing awareness of safety and hygiene practices, coupled with stricter regulations in certain industries, is expected to propel the PPE market forward.

 

Related Feasibility Study Reports: Business Ideas: 75 Lakhs – 1 Crore (Plant and Machinery): Selected Project Profiles for Entrepreneurs, Startups

 

5. Liquid Hand Wash:

  • Market Potential: Hand hygiene remains a critical aspect of personal hygiene and disease prevention. The global hand sanitizer market is expected to reach USD 14.14 billion by 2027, reflecting the continuous demand for handwashing products like liquid soap

Additional Considerations and Recommendations:

Beyond the specific business ideas outlined above, here are some crucial considerations for aspiring entrepreneurs venturing into the manufacturing industry:

  • Market Research: Conduct thorough market research to understand the industry dynamics, competition, and target audience. This includes analyzing consumer trends, identifying potential challenges, and assessing the feasibility of your business idea.
  • Business Plan: Develop a comprehensive business plan that outlines your vision, mission, target market, marketing strategy, financial projections, and risk mitigation strategies.
  • Compliance and Regulations: Ensure compliance with all relevant government regulations and environmental standards related to your chosen industry and product.
  • Technical Expertise: Build a team with the necessary technical expertise to manage the production process, equipment maintenance, and quality control.
  • Marketing and Branding: Develop a strong marketing and branding strategy to effectively reach your target audience and differentiate yourself from competitors.

 

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Conclusion:

Choosing the right business idea is a critical step towards launching a successful manufacturing venture. While the five ideas presented offer promising potential, conducting thorough research and due diligence is crucial for making informed decisions. Remember, success in the manufacturing industry hinges on a combination of strong planning, market understanding, operational efficiency, and a commitment to quality and sustainability.

 

Watch Video: 30 Profitable Business Ideas under 75 Lakhs – 1 Crore | Plant and Machinery Cost

 

Launching Your Dream Industry: How NPCS Can Help You Succeed

For aspiring entrepreneurs, navigating the complexities of starting a new business can be daunting. Fortunately, Niir Project Consultancy Services (NPCS) is here to bridge the gap between dreams and reality.

NPCS empowers entrepreneurs and startups by providing Detailed Techno Economic Feasibility Reports (DTEFRs). These comprehensive reports act as your roadmap to success, encompassing:

  • Market Survey: Gain crucial insights into industry trends, competitor analysis, and consumer demand.
  • Manufacturing Process: Understand the step-by-step procedures involved in producing your chosen product.
  • Flow Sheet Diagram: Visualize the production workflow for efficient planning and layout.
  • Product Mix: Explore profitable product variations to cater to diverse market needs.
  • Machinery Details: Identify the necessary equipment and understand their functionalities.
  • Raw Material Details: Source the essential materials to ensure smooth production.
  • Project Financials: Gain clarity on costs, revenue projections, and overall project viability.

By leveraging NPCS's expertise and these well-researched business ideas, you can embark on your entrepreneurial journey with confidence and a clear roadmap to success. Remember, a well-informed decision is the first step towards a thriving business venture.

 

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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