All - Time Profitable Manufacturing Businesses with Low & Medium Investment. List of few Business Ideas for Small and Medium Scale Industry
Manufacturing business has always been a lucrative field for the people globally. Initially it demands reasonable investment but once it is established it fetches heavy consistent profits. However selecting a good manufacturing business idea is key for the success of the business. There are various manufacturing business ideas across the world where one can start. In this section, we would provide some top and best manufacturing business ideas which can be started with low and medium investment and that can yield high profits. This includes new manufacturing business ideas with medium investment in India.
Some of the Profitable Small and Medium Scale Manufacturing Business Ideas are as Follows:
Mango Processing (Pulp & Juices)
Mango Pulp is the concentrated mango juice obtained on processing of various varieties of mangoes. The processed mango pulp has enhanced shelf life and has significant export potential. The mango pulp can further be used to produced own stream products like mango jelly. The canned mango pulp has about 2 years of shelf life without using a cold storage. Canned Mango pulp is consumed as a fruit juice and in the processing of mango jelly.
The technology for the manufacture of various canned and bottled fruits and vegetable products is well established. The harvested mangoes are put in ripening chambers or sheds and are periodically checked for further processing.
Processed mango product market for primary and secondary processed mango products will expand at over 5.9% and 7.3% respectively and the market is expected to reach US$ 705 Mn and 15,776 Mn by 2026. Demand for processed mango products in Asia Pacific is likely to remain concentrated in India and China due to the presence of larger number of consumers and an application base. According to the report, the South America processed mango product market is expected to grow at a CAGR of 6.7% and 7.1% respectively for primary processed mango product and secondary processed mango product. Middle East & Africa region is also expected to expand at a CAGR of 6.6% and 7.0% respectively for primary and secondary processed mango products. South Africa is expected to generate the highest revenue in the region. The markets in North America and Europe are also expected to expand at a gradual rate for processed mango products.
Benzyl Alcohol
Benzyl alcohol is an aromatic alcohol with the formula C6H5CH2OH. The benzyl group is often abbreviated "Bn" (not to be confused with "Bz" which is used for benzoyl), thus benzyl alcohol is denoted as BnOH. Benzyl alcohol is a colorless liquid with a mild pleasant aromatic odor. It is a useful solvent due to its polarity, low toxicity, and low vapor pressure. Benzyl alcohol has moderate solubility in water (4 g/100 mL) and is miscible in alcohols and diethyl ether.
The opportunity in the global benzyl alcohol market is predicted to rise from US$198 mn in 2015 to be worth US$299.2 mn by 2024, registering a CAGR of 4.7% therein. The demand for benzyl alcohol is anticipated to rise at a 4.1% CAGR during the forecast period. By volume, the paints and coatings industry led the global market in terms of end use and will account for a share of over 60% by 2024. The demand for benzyl alcohol in the paints and coatings industry is likely to rise at a 3.9% CAGR from 2016 to 2024. However, the pharmaceutical industry is projected to exhibit the fastest growth in terms of demand for benzyl alcohol.
C.I. Casting (Foundry) By Induction Furnace
An Induction Furnace is an electrical furnace in which the heat is applied by induction heating of metal. Induction furnace capacities range from less than one kilogram to one hundred tonnes, and are used to melt iron and steel, copper, aluminium, and precious metals. Cast irons as construction material are still maintaining the standard of usability, because they provide a wide range of usable properties and also because they require less expensive metallurgy, or technology, and in many cases they provide a more economically convenient solution.
Mouth Freshener (Sounf, Supari, Elaichi Flavoured & Coloured in Pouch)
Mouth fresheners are available in different forms in market. When you are in India, you will see people chewing “pan or paan” after meal. Or you might also see roasted seeds in restadurants kept in a bowl.
While stepping out after heavy meal or snacks you will take a teaspoon of these roasted seeds and put in your mouth. Within an hour of eating these mouth fresheners you will start feeling better. They get rid of bad breath, heaviness in the system and helps in digestion.
Colour Cem (Snowcem)
Cemcolor is an economy colour coating for exteriors. It is formulated for easy mixing and application. Cemcolor for lesser initial investment and good appearance. Cemcolor is based on white Portland cement and other ingredients which make it easy to apply and water repellent. It requires addition of water only in one stage. It contains pigment that are resistant to heat & light. Cemcolor is can be applied on the surfaces. To improve its adhesive properties, especially on smooth wall surfaces or bricks with sulphates, old cement paint surface, distempers, lime blocks & smooth nonabsorbent cement surfaces, Cemprover Cement primer mixed with an equal measure of clean water should be applied as priming coat.
Zircon
Zircon is ubiquitous in the crust of Earth. It occurs as a common accessory mineral in igneous rocks (as primary crystallization products), in metamorphic rocks and as detrital grains in sedimentary rocks. Large zircon crystals are rare. Their average size in granite rocks is about 0.1–0.3 mm, but they can also grow to sizes of several centimeters, especially in mafic pegmatites and carbonatites. Zircon is also very resistant to heat and corrosion. Zircon (ZrSiO4) is a common accessory mineral in nature, occurring in a wide variety of sedimentary, igneous, and metamorphic rocks. Known to incorporate an assortment of minor and trace elements, zircon has the ability to retain substantial chemical and isotopic information, leading to its use in a wide range of geochemical investigations, including studies on the evolution of Earth’s crust and mantle.
Demand data for zircon are available from TZMI, Roskill and Iluka Resources. Although there are significant differences in the figures for historic demand, the future demand estimates are similar until 2015. Only Iluka Resources and most recently TZMI have estimated zircon demand for the time interval between 2015 and 2020. Most demand estimates were calculated before the increase in zircon prices in 2011/12 which led to strong substitution in many applications.
Staple Pin
Staple pins are most commonly used office stationery items. There is no official establishment where these products are not used. The demand is always growing with the increase in number of offices and industrial establishments. Currently there is no other substitute for these products. Staple pins are manufactured out of 0.5 mm thick long steps of Mild steel and Gem clips are made out of Mild steel wires of 18-20 Gauge. Staple Pins are made in strips of 50 nos. Normally a packet contains 20 Strips. The staple pins shall be sufficiently strong and shall not bend in use. The pins shall be clean and bright. For this nickel plating is done.
The number of commercial organizations and industries are increasing year after year. The globalization and liberalization of industry and trade have also given birth to various commercial establishments and this provides ample scope for units manufacturing office stationery items. The growth of these items will be consistent.
Chilli Sauce
Chili sauce is a liquid or concentrated product which can be poured from a container. It may be either homogeneous or a mixture. It is intended for use as a seasoning or condiment. The product should be prepared from good quality, clean ingredients which are mixed, processed appropriately to obtain the desired quality, and subjected to an appropriate process by heat before or after packing in a hermetically sealed container, so as to prevent spoilage.
Increasing young population coupled with increasing globalization has led to an advent of diversity in food choices of young people, who are significantly proffering spices, thus fuelling revenues in the global hot sauce market. Further rising consumption of fast food among busy city dwellers can be considered as another factor for the increasing demand for hot sauces, particularly in the developing countries of Asia. Moreover, improving life style has led people across the globe try different cuisines, which can be considered as another prominent factor driving the demand for hot sauces. Apart from this, increasing trends for food travelling across the globe is also escalating the demand for hot sauces.
Aluminium Hydroxide IP
Aluminium hydroxide, Al (OH) 3, is found in nature as the mineral gibbsite (also known as hydrargillite) and its three much rarer polymorphs: bayerite, doyleite, and nordstrandite. Aluminium hydroxide is amphoteric in nature, i.e., it has both basic and acidic properties. Closely related are aluminium oxide hydroxide, AlO (OH), and aluminium oxide or alumina (Al2O3), the latter of which is also amphoteric. These compounds together are the major components of the aluminium ore bauxite.
The global aluminum hydroxide market is expected to witness a CAGR of approximately 4.6% during the forecasted period. The major factor driving the market is the rapid increase in demand for aluminum compounds and the increasing usage in polymer applications, as fire retardants.
Benzyl Benzoate
Benzyl benzoate (BnBzO) is a medication and insect repellent. As a medication it is used to treat scabies and lice. For scabies either permethrin or Malathion is typically preferred. It is applied to the skin as a lotion. Typically two to three applications are needed.
Side effects may include irritation of the skin. It is not recommended in children. It is also used in other animals; however, is toxic to cats. How it works is unclear.
Benzyl benzoate was first studied medically in 1918. It is on the World Health Organization's List of Essential Medicines, the most effective and safe medicines needed in a health system.
The global benzyl benzoate market is expected to reach over US$ 80.7 million by 2025, expanding at a CAGR of 4.4% from 2017 to 2025.
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