New Trending Manufacturing Business Plans for Small and Medium Scale Business, Project, Venture: Opportunities for Entrepreneurs

Description:

An entrepreneur takes numerous decisions to convert his business idea into a running concern. In setting up his/her enterprise, his/her decision making process starts with project/product selection. In fact, project selection is the corner stone to be laid down setting up an enterprise.

Importance of Project Identification

•It has long term consequences (make or break)

•Involves commitment which cannot be easily reversed

•Ideas are put into action

•Involves creative use of resources- manpower, capital, raw materials etc.

•Generates value addition and build-up national capital

•Brings socio-cultural development

•Leads to development of infra-structure and environment

Following are some of the Business Ideas to Start:

Precipitated Silica from Rice Husk

Rice husk is an agricultural residue easily available in rice producing countries. India is a major rice producing country, and the husk generated during milling is mostly used as a fuel in the boiler for processing paddy, producing energy through direct combustions or by gasification……Read more

Modern Rice Mill

Rice is the one of the most important food grains. It is used in almost all homes as eatables. It has good filling capacity as a food grains. Rice is grown in many regions across India. For about 65% of the people living in India, rice is a staple food for them…..Read more

Steel Structure Unit

The importance of iron and steel among other materials is well known for industrialization and national economy. Basically all industries depend on iron & steel for their structural, machinery & raw material requirements…..Read more

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