List of Manufacturing Business Ideas for Small Scale Industry MSME Small Scale Business Opportunities in India Money Making Ideas

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List of Manufacturing Business Ideas for Small Scale Industry MSME Small Scale Business Opportunities in India Money Making Ideas

Small scale industries (SSIs) also known as MSMEs are defined & categorized by the Micro, Small & Medium Enterprises Development Act, 2006. The act categorizes different scale of industries on the basis of investment in plant & machinery in case of manufacturing industries and on the basis of investment in equipment in case of service sector industries.

Small manufacturing business can be started at home or at a small rental premise. The cost of machinery or equipment’s required for starting small manufacturing business is very low.

The Small Scale Industries play an important role in Indian economy in spite of facing numerous difficulties. The Government of India has taken certain measures for the development of cottage and small scale industries.

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Here are Best Small Manufacturing Ideas and Opportunities:

CHOCOLATES

Chocolates is the favorite item of children. Chocolates and Cocoa products supply proteins, fats, Carbohydrates, Vitamins and Minerals. Its primary feature is solid at room temperature and yet melt rapidly in the mouth a 37’C giving a liquid with appears smooth to the tongue……Read more

PAPER NAPKINS, TOILET ROLLS & FACIAL TISSUE

Paper is one of the necessities of civilization and it is almost impossible to imagine the continuance of a world without a printed books and newspaper……Read more

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SANITARY NAPKINS

Sanitary Napkins is one of the item of non-woven textile. It may come under specialty textile group. According to industry observers, India’s health care industry is expected to grow around 13 % per annum…….Read more

WOODEN TOOTHPICK

A toothpick is a small stick of wood, plastic, bamboo, metal, bone or other substance used to remove detritus from the teeth, usually after a meal. A toothpick usually has two sharp ends to insert between teeth.……Read more

PAPER PLATES

Paper crockery is finding extensive usage these days for serving in parties and functions. Paper plates are the most commonly used disposable crockery in India. Paper plates, cups & saucers are made from millboard, grey board, Kraft paper, grease proof paper.……Read more

CANDLE MAKING UNIT

Since long people used to burn cotton in mud cups filled with oil. But candle manufacture started during World War-II. The candle is being used in every village and city in India. Moreover, in village where electricity is not available, candle is largely used in the darks……Read more

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PHENYL (BLACK & WHITE)

A disinfectant is basically an agent, which destroys pathogenic organism. A good disinfectant should also be a deodorant possessing good keeping qualities. Phenyl is being used since very beginning for killing insects grown in nallahas, lavatory and dustbins.……Read more

PAPER CUPS

A paper cup is a disposable made out of paper and after lined with plastic or wax to prevent liquid from leakage out or soaking by paper. Paper cups are made from renewable resources. The cups should be made from food grade paper which are hygienic in nature.……Read more

EXERCISE NOTE BOOK AND REGISTER

Exercise books are widely used by teachers, students, housewives, businessmen and office going people. Note books of various shapes, sizes and pages with different type of covers like paper bound, board, rexine bound etc are available in the market.……Read more

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POTATO POWDER

The protection of food stuffs from spoilage by moulds and bacteria is a major concern of the food technologist. Potatoes can be consumed in varied forms. In fact, it is a vegetable that can easily be combined with any other food item including other vegetables, cereals, pulses, meat and poultry.……Read more

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POTATO CHIPS (DIFFERENT RECIPE AND FLAVORS)

The overall size of the snack food market is estimated at Rs 45 to Rs 50 bn. The market is reported to be growing at 7 to 8 % annually. The organized snacks category is sub-divided into the traditional segment (bhujia, chanachur and the like), Western segment (potato chips, cheese balls etc.) and the newly established finger snacks segment, which is an adaptation of traditional offerings in the western format.……Read more

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WIRE NAIL

Wire nail is very well known item, as it is very common product, which is normally used in daily life. It is used for fastening purpose. Its use is so wide spread that it has become part and parcel of the life…Read more

DISPOSABLE PLATES FROM BANANA LEAVES

Disposable cutlery and containers are products that are a part of our day to day life. Disposable items like cups, plates, saucers are being increasingly used. Such disposable items are made with natural materials like leaf as well as man made products like paper, plastics…Read more

BANANA CHIPS

Snack foods have become very popular among all age groups in India and its popularity is growing day by day. A variety of snack foods are presently available at reasonable prices but banana chips have gained popularity during the past years…Read more

SPICES

Spices industry has been a trup card in the hands of India since centuries. It was spice trading which encouraged East India Company to come to India and it is the spice trade which is now making India’s export trade grow every year……Read more

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ENGINE COOLANT

The consumption of coolant is mainly estimated on the basis of automobile industry which has experienced a technological revolution in car manufacture……Read more

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CAMPHOR (POWDER & TABLETS)

Camphor (Cinnamomum camphora) is a white, crystalline substance with a strong odor and pungent taste, derived from the wood of camphor laurel (Cinnamomum camphora) and other related trees of laurel family…….Read more

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Frequently Asked Questions:

Here are some frequently asked questions (FAQs) regarding "List of Manufacturing Business Ideas for Small Scale Industry MSME Small Scale Business Opportunities in India Money Making Ideas."

What are Small-Scale Manufacturing Businesses in India?

Small-scale manufacturing businesses in India are enterprises that produce goods on a small scale with limited resources and manpower. These businesses cater to local markets and have a relatively lower production capacity compared to large-scale industries.

Why are Small-Scale Manufacturing Businesses Important in India?

Small-scale manufacturing businesses play a crucial role in India's economy by generating employment opportunities, fostering entrepreneurship, and contributing to the growth of the manufacturing sector. They also promote self-reliance and local production.

What are Some Popular Small-Scale Manufacturing Business Ideas in India?

Some popular small-scale manufacturing business ideas in India include candle making, soap making, paper bag production, food processing, garment manufacturing, and furniture making, among others. These businesses can be started with relatively low investment.

How Can I Choose the Right Small-Scale Manufacturing Business Idea?

Choosing the right business idea involves considering factors such as your interests, skills, market demand, competition, and available resources. Conduct market research to identify profitable opportunities and assess your capabilities.

What is the Role of the MSME Sector in India's Economy?

The MSME (Micro, Small, and Medium Enterprises) sector is a significant contributor to India's economic growth. It provides employment to a large portion of the population, encourages innovation, and supports economic development at the grassroots level.

How Can I Finance My Small-Scale Manufacturing Business in India?

Financing options for small-scale manufacturing businesses in India include personal savings, bank loans, government schemes, venture capital, and angel investors. Explore these options based on your business's financial needs and eligibility.

What are the Government Initiatives to Support Small-Scale Manufacturing Businesses in India?

The Indian government has various schemes and incentives to promote the MSME sector, including financial assistance, subsidies, and credit-linked capital subsidies. Entrepreneurs should research and take advantage of these programs.

How Can I Market My Small-Scale Manufacturing Products?

To market your products effectively, consider online and offline strategies such as creating a website, using social media, participating in local exhibitions, partnering with retailers, and leveraging word-of-mouth referrals.

What are the Challenges Faced by Small-Scale Manufacturing Businesses in India?

Small-scale manufacturing businesses in India may encounter challenges such as limited access to capital, competition from larger enterprises, regulatory compliance issues, and fluctuating market demand. Effective planning and management are essential to overcome these challenges.

How Can I Scale Up My Small-Scale Manufacturing Business Over Time?

Scaling up a small-scale manufacturing business involves increasing production capacity, expanding markets, and improving efficiency. It requires careful planning, investment in technology, and a strong focus on customer satisfaction.

Remember that starting and running a small-scale manufacturing business in India requires dedication, persistence, and adaptability. Conduct thorough research and seek guidance from industry experts to increase your chances of success in this sector.

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NIIR PROJECT CONSULTANCY SERVICES, DELHI

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ENTREPRENEUR 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

List of Manufacturing Business Ideas for Small Scale Industry MSME Small Scale Business Opportunities in India Money Making Ideas

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