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6 Best Manufacturing Business Ideas to Start with 1 Crore: Start Your Own Industry


The spirit of entrepreneurship flourishes through innovation and the prospects for expansion. However, the challenge for many hopeful entrepreneurs often lies in pinpointing a feasible enterprise. This piece delves into six intriguing manufacturing business concepts within an investment bracket of 75 lakhs to 1 crore for plant and machinery expenses. Each choice is bolstered by an attractive market size, upward growth trends, and strategic alignment with present market demands.

Why Opt for These Manufacturing Business Concepts?

Here are compelling reasons that make these six business ideas appealing for aspiring business owners:

  • Investment Scope: Focuses on ventures requiring plant and machinery costs between 75 lakhs and 1 crore, broadening accessibility for entrepreneurs beyond those targeting high-investment sectors.
  • Market Demand: Each idea serves a burgeoning market with solid demand for its products or services, promising a continuous customer base and potential profitability.
  • Growth Prospects: The selected concepts are primed to leverage current market tendencies, offering substantial opportunities for growth and expansion.
  • Sustainability: Some ideas incorporate environmental consciousness, resonating with the increasing consumer preference towards eco-friendly practices.

 

Visit this Page for More Information: Business Ideas with Low, Medium & High Investment

 

Exploring the Business Ventures in Depth:

  1. Bleaching Powder
    • Market Insights: Forecasts suggest the global bleaching powder market will reach USD 2.2 billion by 2027, growing at a 4.2% CAGR. India plays a crucial role, propelled by its burgeoning textile and pulp & paper industries.
    • Investment Justification: Establishing a bleaching powder manufacturing unit presents a moderate investment opportunity with high return potential, underpinned by a robust market and diverse application spectrum.

 

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

 

  1. Aluminium Foil Containers
    • Market Insights: The global market for aluminum foil containers is expected to hit USD 7.8 billion by 2025, with a 4.8% CAGR. The surge in demand for convenient food packaging solutions drives this growth.
    • Investment Justification: This industry offers a lucrative opportunity, thanks to evolving food consumption patterns and the comparative lower investment required against other metal packaging alternatives.
  2. Plastic Waste Recycling Plant
    • Market Insights: The plastic waste recycling market globally is projected to reach USD 63.04 billion by 2025, growing at a 9.2% CAGR. The drive towards sustainability and governmental recycling promotions significantly fuel this growth.
    • Investment Justification: Aligning with the sustainability trend, this venture not only caters to an expanding market but also contributes positively to the environment, promising profitability.

 

Read our Book Here: Profitable Small Scale Industries- Money making Business Ideas for Startup (when you don’t know what industry to start)-2nd Revised Edition

 

  1. Cold Storage
    • Market Insights: Expected to reach USD 182.23 billion by 2027, the global cold storage market is driven by the rising demand for perishable food items and the growth of organized retail, growing at a 7.8% CAGR.
    • Investment Justification: The stable and profitable nature of the cold storage industry, coupled with increasing demand for fresh produce, offers a reliable income source.
  2. Banana, Onion, Orange, and Tomato Powder
    • Investment Justification: Addressing the demand for convenient, extended shelf-life food products, this sector benefits from utilizing local produce, adding sustainability to the business model.
  3. Tungsten Carbide Rod
    • Market Insights: Anticipated to reach USD 14.2 billion by 2027 with a 6.1% CAGR, the demand for wear-resistant and high-performance cutting tools propels the tungsten carbide market.
    • Investment Justification: This niche market offers high profit margins and caters to the increasing demand for industrial tools, making it an attractive venture for technically inclined entrepreneurs.

 

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

 

Before You Begin: Key Considerations

While these ideas offer promising opportunities, essential preparatory steps include comprehensive market research, competitive landscape analysis, detailed business planning, and adherence to regulatory requirements. These considerations form the bedrock for a successful manufacturing venture.

Conclusion: Why These Manufacturing Ideas Stand Out for Startups

The discussed six manufacturing business ideas - from bleaching powder to tungsten carbide rods - stand out due to their strong market demand, manageable investment levels, trend alignment, and potential government support. They offer an excellent starting point for entrepreneurs aiming to make a significant impact in the manufacturing sector.

How NPCS Can Help Startups Launch Profitable Manufacturing Businesses (75 Lakhs - 1 Crore)

Many aspiring entrepreneurs dream of starting their own manufacturing unit, but navigating the initial stages can be overwhelming. This is where Niir Project Consultancy Services (NPCS) steps in, providing the crucial support needed to turn your vision into a reality.

NPCS: You’re One-Stop Shop for Manufacturing Success

NPCS acts as a guiding light for entrepreneurs and startups looking to establish themselves in the manufacturing sector. We specialize in crafting market surveys and detailed techno-economic feasibility reports. These comprehensive reports equip you with the knowledge to make informed decisions. Our reports cover a wide range of aspects, including:

  • In-depth Manufacturing Processes: Understand the step-by-step procedures involved in producing your chosen goods.
  • Market Research and Analysis: Gain valuable insights into industry trends, competitor analysis, and potential customer demand.
  • Flow Sheet Diagrams: Visualize the production workflow for optimal efficiency.
  • Product Mix Optimization: Determine the ideal range of products to cater to your target market.
  • Machinery and Raw Material Details: Identify the necessary equipment and resources to get your operation up and running.
  • Project Financials: Develop a comprehensive financial plan to assess project viability and secure funding.

Why Consider the Manufacturing Ideas Listed by NPCS?

NPCS carefully curates a selection of business ideas that fall within the 75 lakh to 1 crore plant and machinery cost range. Each suggestion is meticulously chosen based on its potential for profitability in the current market landscape. Here's a breakdown of why these specific industries are attractive options for startups:

  • Market Size and Share: The reports delve into the market size and share of each industry, allowing you to identify sectors with high growth potential and ample customer demand.
  • Industry Trends and Analysis: Gain insights into the latest trends and future projections for each industry, ensuring you're entering a market poised for success.
  • Investment Justification: Each report provides a compelling reason to invest in that particular industry, outlining factors like low entry barriers, high profit margins, or government support.

The Selected Projects: A Glimpse into Profitable Ventures

The six projects recommended by NPCS cater to diverse market needs and offer promising growth prospects. Here's a quick look at each:

  • Bleaching Powder: A crucial component in sanitation and water treatment with a stable and ever-growing market.
  • Aluminium Foil Containers: Eco-conscious consumers are driving the demand for sustainable packaging solutions, making this a lucrative option.
  • Plastic Waste Recycling Plant: Capitalize on the growing emphasis on sustainability by establishing a plant that converts plastic waste into valuable resources.
  • Cold Storage: With the rise of organized retail and the need to preserve perishables, cold storage facilities are in high demand.
  • Banana, Onion, Orange and Tomato Powder– the increasing preference for convenience foods and longer shelf life.
  • Tungsten Carbide Rod: A high-demand material in various industries, including construction and machinery, due to its exceptional durability.

Taking the Next Step with NPCS

By partnering with NPCS, you gain access to the expertise and information needed to make informed decisions about your manufacturing venture. Our detailed techno-economic feasibility reports empower you to confidently navigate the complexities of starting a business and increase your chances of achieving long-term success.

Get in touch with NPCS today and unlock the potential for a thriving manufacturing enterprise!

 

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Business Ideas with Low, Medium & High Investment

 

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

NIIR PROJECT CONSULTANCY SERVICES

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ENTREPRENEUR INDIA

📍 106-E, Kamla Nagar, Opp. Mall ST,

New Delhi-110007, India.

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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