{"id":7459,"date":"2026-04-17T21:19:20","date_gmt":"2026-04-17T15:49:20","guid":{"rendered":"https:\/\/www.entrepreneurindia.co\/blogs\/?p=7459"},"modified":"2026-04-17T20:40:03","modified_gmt":"2026-04-17T15:10:03","slug":"india-rd-investment-manufacturing","status":"publish","type":"post","link":"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/","title":{"rendered":"India\u2019s \u20b91.45 Lakh Crore R&#038;D Push: A Big Opportunity for Cable, Energy &#038; Electronics Manufacturing"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7459\" class=\"elementor elementor-7459\">\n\t\t\t\t<div class=\"elementor-element elementor-element-896b5c7 e-flex e-con-boxed e-con e-parent\" data-id=\"896b5c7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ae253c7 elementor-widget elementor-widget-text-editor\" data-id=\"ae253c7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Introduction: India R&amp;D investment manufacturing<\/strong><\/p><p>India is going into a new vigorous wave of industrialization with a huge \u20b91.45 lakh crore investment in research, development, and manufacturing based on innovation. It is not merely another policy update, rather it is a long-term change meant to transform India into a manufacturing hub of high technology manufacturing.<\/p><p>The target is apparent: India does not want to rely as much on imports and prefers to develop a robust domestic capacity in such areas as power cables, renewable energy systems, EV parts, and electronics production.<\/p><p>This is a rare chance to MSMEs and new entrepreneurs to venture into high demand industries that have significant government support and stability in the market.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dc37def elementor-widget elementor-widget-text-editor\" data-id=\"dc37def\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#Get_Detailed_Insights_from_This_Book_Solar_Panel\" >Get Detailed Insights from This Book: Solar Panel<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#Why_This_Policy_Matters_for_Entrepreneurs\" >Why This Policy Matters for Entrepreneurs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#Rising_Demand_in_Energy_EV_Electronics\" >Rising Demand in Energy, EV &amp; Electronics<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#Access_Complete_Business_Plan_Profitable_Business_Industry_of_EV_Charging_Stations\" >Access Complete Business Plan: Profitable Business Industry of EV Charging Stations<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#Investment_Required_to_Start_Manufacturing\" >Investment Required to Start Manufacturing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#Profitability_and_Business_Potential\" >Profitability and Business Potential<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#Key_financial_highlights\" >Key financial highlights:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#Government_Schemes_Supporting_MSMEs\" >Government Schemes Supporting MSMEs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#Key_schemes_include\" >Key schemes include:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#Choose_the_right_startup_backed_by_real_market_demand\" >Choose the right startup backed by real market demand<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#Setup_Process_for_a_Manufacturing_Unit\" >Setup Process for a Manufacturing Unit<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#Typical_timeline\" >Typical timeline:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#Market_Growth_and_Future_Opportunity\" >Market Growth and Future Opportunity<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#Related_Article_Renewable_Energy_PLI_Scheme_Solar_Manufacturing_Business_Opportunity_for_MSMEs_in_India\" >Related Article: Renewable Energy PLI Scheme: Solar Manufacturing Business Opportunity for MSMEs in India<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#Role_of_NPCS_in_Project_Development\" >Role of NPCS in Project Development<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#NPCS_services_include\" >NPCS services include:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#Conclusion\" >Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/india-rd-investment-manufacturing\/#FAQs\" >FAQs<\/a><\/li><\/ul><\/nav><\/div>\n<h3 style=\"text-align: center;\" data-start=\"110\" data-end=\"153\"><span class=\"ez-toc-section\" id=\"Get_Detailed_Insights_from_This_Book_Solar_Panel\"><\/span>Get Detailed Insights from This Book: <a href=\"https:\/\/www.niir.org\/profile-project-reports\/profile\/2513\/solar-panel.html\" rel=\"nofollow noopener\" target=\"_blank\">Solar Panel<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d827896 e-flex e-con-boxed e-con e-parent\" data-id=\"d827896\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b7e66f2 elementor-widget elementor-widget-heading\" data-id=\"b7e66f2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Why_This_Policy_Matters_for_Entrepreneurs\"><\/span>Why This Policy Matters for Entrepreneurs<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd9dd2e elementor-widget elementor-widget-text-editor\" data-id=\"cd9dd2e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>India has been heavily relying on imports in a wide range of important components including semiconductor parts, high voltage cables, insulation material, and EV grade wiring system. This has added expenses and a lack of control on supply chains.<\/p><p>The government is currently driving a model of manufacturing in which manufacturing is funded by innovation funds and long-term R&amp;D capital. This implies that businesses no longer have the obligation to produce alone but enhance technology and create new solutions.<\/p><p>This change is significant as it generates a favourable ecosystem where MSMEs will be able to develop at a reduced financial risk and enhanced policy provisions.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e6ed79c e-flex e-con-boxed e-con e-parent\" data-id=\"e6ed79c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7890b15 elementor-widget elementor-widget-heading\" data-id=\"7890b15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Rising_Demand_in_Energy_EV_Electronics\"><\/span>Rising Demand in Energy, EV &amp; Electronics<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef4fbb2 elementor-widget elementor-widget-text-editor\" data-id=\"ef4fbb2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Manufacturing of electrical and energy related products is growing at a high rate within India. The three largest sources of this growth are in infrastructure development, renewable energy expansion, and EV adoption.<\/p><p>The demand areas are:<\/p><ul><li>Solar energy systems on rooftops and in industrial parks.<\/li><li>EV charging systems and vehicle wires.<\/li><li>Smart city and metro rail electrical systems.<\/li><li>Upgrades to power distribution and transmission.<\/li><\/ul><p>Meanwhile, world firms are decentralizing their supply chains off of China, and this gives Indian producers a chance to export. Such a mix of home market + international demand makes the industry highly appealing.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-026699f elementor-widget elementor-widget-text-editor\" data-id=\"026699f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Access_Complete_Business_Plan_Profitable_Business_Industry_of_EV_Charging_Stations\"><\/span>Access Complete Business Plan: <a href=\"https:\/\/www.niir.org\/profile-project-reports\/profile\/5110\/profitable-business-industry-ev-charging-stations.html\" rel=\"nofollow noopener\" target=\"_blank\">Profitable Business Industry of EV Charging Stations<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ecb895c elementor-widget elementor-widget-image\" data-id=\"ecb895c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"687\" height=\"1024\" src=\"https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/04\/Gemini_Generated_Image_btkeyjbtkeyjbtke-687x1024.png\" class=\"attachment-large size-large wp-image-7462\" alt=\"India R&amp;D investment manufacturing\" srcset=\"https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/04\/Gemini_Generated_Image_btkeyjbtkeyjbtke-687x1024.png 687w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/04\/Gemini_Generated_Image_btkeyjbtkeyjbtke-201x300.png 201w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/04\/Gemini_Generated_Image_btkeyjbtkeyjbtke-768x1145.png 768w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/04\/Gemini_Generated_Image_btkeyjbtkeyjbtke-150x224.png 150w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/04\/Gemini_Generated_Image_btkeyjbtkeyjbtke-750x1118.png 750w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/04\/Gemini_Generated_Image_btkeyjbtkeyjbtke.png 848w\" sizes=\"(max-width: 687px) 100vw, 687px\" data-full-width=\"848\" data-full-height=\"1264\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-73f70fe e-flex e-con-boxed e-con e-parent\" data-id=\"73f70fe\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cbcbd42 elementor-widget elementor-widget-heading\" data-id=\"cbcbd42\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Investment_Required_to_Start_Manufacturing\"><\/span>Investment Required to Start Manufacturing<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-52c323f elementor-widget elementor-widget-text-editor\" data-id=\"52c323f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>It is not as difficult to start a small manufacturing unit in this industry as most individuals believe. An investment of approximately \u20b975 lakh may be a starting point of a solar cable or wiring harness unit, and a full-scale power cable manufacturing unit can cost \u20b91.10 crore to 2.30 crore.<\/p><p>This entails machinery, factory set up and working capital.<\/p><p>Significant cost elements are:<\/p><ul><li>Machinery and equipment<\/li><li>Factory civil setup<\/li><li>Working capital for raw materials<\/li><li>Utility and electrical installation.<\/li><li>Licences and compliance costs.<\/li><\/ul><p>A significant part of the monthly costs (approximately 6070 percent) is spent on raw materials such as copper and aluminium.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c5b7bd5 e-flex e-con-boxed e-con e-parent\" data-id=\"c5b7bd5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-abb8749 elementor-widget elementor-widget-heading\" data-id=\"abb8749\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Profitability_and_Business_Potential\"><\/span>Profitability and Business Potential<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-db0dede elementor-widget elementor-widget-text-editor\" data-id=\"db0dede\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Cable and electrical manufacturing business has predictable and consistent returns. The demand is steady because of the development of infrastructure and housing.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-16f7f4f e-flex e-con-boxed e-con e-parent\" data-id=\"16f7f4f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-27501af elementor-widget elementor-widget-heading\" data-id=\"27501af\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Key_financial_highlights\"><\/span>Key financial highlights:<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-08fde3f elementor-widget elementor-widget-text-editor\" data-id=\"08fde3f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Monthly revenue: \u20b935 lakh to \u20b985 lakh (based on capacity)<\/li><li>Gross margin: 12-26% based on the type of the product.<\/li><li>Net margin: 6% to 12%<\/li><li>Payback period: 3.5-5 years.<\/li><\/ul><p>Specialty products such as solar cables and EV wiring harnesses are typically more profitable than regular cables.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-926792f e-flex e-con-boxed e-con e-parent\" data-id=\"926792f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-31d1827 elementor-widget elementor-widget-heading\" data-id=\"31d1827\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Government_Schemes_Supporting_MSMEs\"><\/span>Government Schemes Supporting MSMEs<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5b44e84 elementor-widget elementor-widget-text-editor\" data-id=\"5b44e84\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Good government support is one of the greatest benefits to new business starters in modern times. A number of plans minimise financial strain and enhance business sustainability.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3fe5c02 e-flex e-con-boxed e-con e-parent\" data-id=\"3fe5c02\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5e771c7 elementor-widget elementor-widget-heading\" data-id=\"5e771c7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Key_schemes_include\"><\/span>Key schemes include:<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b6d8849 elementor-widget elementor-widget-text-editor\" data-id=\"b6d8849\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>PMEGP (capital subsidy on new units)<\/li><li>CGTMSE (collateral-free loans up to \u20b95 crore)<\/li><li>MUDRA loans (up to \u20b920 lakh for small units)<\/li><li>PLI scheme (performance-based incentives)<\/li><li>RDI scheme (long-term innovation funding)<\/li><\/ul><p>All these schemes lower barriers to entry and make manufacturing more accessible even to first time entrepreneurs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e5798e3 elementor-widget elementor-widget-text-editor\" data-id=\"e5798e3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Choose_the_right_startup_backed_by_real_market_demand\"><\/span><a href=\"https:\/\/www.niir.org\/startup-selector\" rel=\"nofollow noopener\" target=\"_blank\">Choose the right startup backed by real market demand<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-46fe342 e-flex e-con-boxed e-con e-parent\" data-id=\"46fe342\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b10eba4 elementor-widget elementor-widget-heading\" data-id=\"b10eba4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Setup_Process_for_a_Manufacturing_Unit\"><\/span>Setup Process for a Manufacturing Unit<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7641be2 elementor-widget elementor-widget-text-editor\" data-id=\"7641be2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Establishing a production facility needs to be well organized. This starts with registration of MSMEs, and then picking an appropriate industrial location, ideally in an approved industrial area by the government.<\/p><p>Then, machinery installation and licensing are united. Other significant approvals are BIS certification, factory licence, GST registration, and pollution clearance.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-86316a1 e-flex e-con-boxed e-con e-parent\" data-id=\"86316a1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6c4aac3 elementor-widget elementor-widget-heading\" data-id=\"6c4aac3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Typical_timeline\"><\/span>Typical timeline:<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-488559b elementor-widget elementor-widget-text-editor\" data-id=\"488559b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Installation and building: 3 4 months.<\/li><li>Machinery installation: 2\u20133 months<\/li><li>Certifications and approvals: 2 to 4 months.<\/li><li>Production time: 812 months in total.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-90154bb e-flex e-con-boxed e-con e-parent\" data-id=\"90154bb\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-61238d4 elementor-widget elementor-widget-heading\" data-id=\"61238d4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Market_Growth_and_Future_Opportunity\"><\/span>Market Growth and Future Opportunity<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eae1c9d elementor-widget elementor-widget-text-editor\" data-id=\"eae1c9d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>This industry has a bright future as the demand is flowing in all directions simultaneously. The development of infrastructure in India guarantees a stable domestic demand, and the changes in the global supply chain are creating export opportunities.<\/p><p>This forms an unusual mixture of:<\/p><ul><li>Stable domestic consumption<\/li><li>Rising export demand<\/li><li>Good policy support of the government.<\/li><\/ul><p>To the entrepreneurs, it implies sustainability of the business in the long term as opposed to the short-term profits.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-92aeff4 elementor-widget elementor-widget-text-editor\" data-id=\"92aeff4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Related_Article_Renewable_Energy_PLI_Scheme_Solar_Manufacturing_Business_Opportunity_for_MSMEs_in_India\"><\/span>Related Article: <a href=\"https:\/\/www.niir.org\/blog\/solar-pli-scheme-india-msme-opportunity\/\" rel=\"nofollow noopener\" target=\"_blank\">Renewable Energy PLI Scheme: Solar Manufacturing Business Opportunity for MSMEs in India<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b2674fb e-flex e-con-boxed e-con e-parent\" data-id=\"b2674fb\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-309c904 elementor-widget elementor-widget-heading\" data-id=\"309c904\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Role_of_NPCS_in_Project_Development\"><\/span>Role of NPCS in Project Development<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f5db50c elementor-widget elementor-widget-text-editor\" data-id=\"f5db50c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>NPCS (NIIR Project Consultancy Services) can be significant in aiding entrepreneurs to transform ideas into a structured business plan. Most of the founders of the MSMEs have problems with financial planning, selection of machinery and bank approvals.<\/p><p>NPCS assists in the provision of comprehensive project reports (DPRs), feasibility studies, and technical layouts, which are acceptable by banks and government agencies.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-fdb411b e-flex e-con-boxed e-con e-parent\" data-id=\"fdb411b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c0664c4 elementor-widget elementor-widget-heading\" data-id=\"c0664c4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"NPCS_services_include\"><\/span>NPCS services include:<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-988e185 elementor-widget elementor-widget-text-editor\" data-id=\"988e185\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Project report preparation<\/li><li>Cost and profit analysis<\/li><li>Machinery selection guidance<\/li><li>Technical feasibility studies<\/li><li>Loan documentation that is bankable.<\/li><\/ul><p>This minimizes risk of the project and enhances the probability of approval of funds.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3764e1f elementor-widget elementor-widget-video\" data-id=\"3764e1f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/youtu.be\\\/ywwM-gjWug4?si=Jnia77UYofxNWLGX&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3724273 e-flex e-con-boxed e-con e-parent\" data-id=\"3724273\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9ab0966 elementor-widget elementor-widget-heading\" data-id=\"9ab0966\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-345e17d elementor-widget elementor-widget-text-editor\" data-id=\"345e17d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>India\u2019s \u20b91.45 lakh crore R&amp;D and manufacturing push is a major turning point for the country\u2019s industrial ecosystem. It is creating strong opportunities in cables, EV components, renewable energy systems, and electronics manufacturing.<\/p><p>For MSMEs, this is the right time to enter the market because demand is rising, government support is strong, and global supply chains are shifting toward India.<\/p><p><a href=\"https:\/\/www.entrepreneurindia.co\/blogs\/\">Entrepreneurs<\/a> who act early and plan properly will benefit the most from this long-term growth cycle.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e9cd72b e-flex e-con-boxed e-con e-parent\" data-id=\"e9cd72b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9838f84 elementor-widget elementor-widget-heading\" data-id=\"9838f84\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c5b6f1a elementor-widget elementor-widget-text-editor\" data-id=\"c5b6f1a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Q1. What is the required amount of investment to start a cable manufacturing unit?<\/strong><\/p><p>A small unit will need about 1.10 crore to 2.30 crore based on size.<\/p><p><strong>Q2. Does cable production pay off in India?<\/strong><\/p><p>Yes, net profit margins are 6-12 with greater margins in EV and solar cables.<\/p><p><strong>Q3. What are the schemes in government favourable to this business?<\/strong><\/p><p>Financial support comes in the form of PMEGP, CGTMSE and MUDRA loans, PLI scheme and RDI scheme.<\/p><p><strong>Q4. What is the time required to set it up?<\/strong><\/p><p>Typically, between 8-12 months between registration and production.<\/p><p><strong>Q5. What is NPCS\u2019s role?<\/strong><\/p><p>NPCS produces project reports and feasibility studies to aid in funding and business establishment.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Introduction: India R&amp;D investment manufacturing India is going into a new vigorous wave of industrialization with a huge \u20b91.45 lakh crore investment in research, development, and manufacturing based on innovation. It is not merely another policy update, rather it is a long-term change meant to transform India into a manufacturing hub of high technology manufacturing. [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":7460,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","override":[{"template":"2","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"topbottom","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","show_comment_section":"1","number_popup_post":"1","show_author_box":"1","show_post_related":"0","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0"},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_paywall_metabox":{"paragraph_limit":"2","enable_premium_post":"0","enable_free_post":"0","override_paragraph_limit":"0","enable_preview_post":"0","enable_preview_video":"0"},"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[1081,1139],"tags":[1714,1715,1713,1716],"class_list":["post-7459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing-business-ideas","category-renewable-energy","tag-cable-manufacturing-business-india","tag-ev-wiring-harness-manufacturing-india","tag-india-manufacturing-rd-investment","tag-solar-cable-manufacturing-plant-india"],"_links":{"self":[{"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/posts\/7459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/comments?post=7459"}],"version-history":[{"count":13,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/posts\/7459\/revisions"}],"predecessor-version":[{"id":7474,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/posts\/7459\/revisions\/7474"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/media\/7460"}],"wp:attachment":[{"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/media?parent=7459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/categories?post=7459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/tags?post=7459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}