India is a growing country in Asia. Its economy is growing vastly day by day. There are much opportunities for establish a small and Medium scale industry anywhere in India. In India labor cost is lower than other countries. Any person can start his own business. There is heavy population at everywhere in India, which would be best market for your product.
The manufacturing industry in India, has all the qualities which enhance economic development, increase the productivity of the manufacturing industry and face competition from the global markets. The Manufacturing industry in India is believed to have the potential of improving the economic condition of India. In FY 2017, the manufacturing sector in the country grew by 7.7 percent, and by any economic standard, such growth is significant.
India is fast becoming one of the most lucrative options for manufacturing industry to prosper. Manufacturing holds a key position in the Indian economy. Among sub-sectors in manufacturing, the top five are food products, basic metals, rubber and petrochemicals, chemicals, and electrical machinery. Together they account for over 66.0 per cent of total revenues in manufacturing. However, these verticals rely primarily on domestic demand for a major part of their revenues.
Here is List of Most Profitable Business in India which you can start:
Water Treatment Chemicals (Antiscalants and Membrane Cleaners)
There has been a dramatic increase in the number of reverse osmosis and nano-filtration plant over the past ten years. There has also been a proliferation in the variety of feed sources used, including seawater, surface waters and, increasingly, effluents of varying qualities.……Read more
PVC Flex Banner (Frontlit, Backlit & Vinyl)
PVC flex is made out of PVC and fabric raw material, specially designed for solvent printing industry. It is suitable for indoor and outdoor printing used in billboard, display, banners and exhibition booth decoration. PVC Flex is best to all Digital printer specially designed for Indian market…….Read more