Selected Business and Investment Opportunities for Micro, Small & Medium Enterprises (MSMEs)

Description:

India is expected to become the fifth largest manufacturing country in the world by the end of year 2020*.

The manufacturing sector of India has the potential to reach US$ 1 trillion by 2025 and India is expected to rank amongst the top three growth economies and manufacturing destination of the world by the year 2020.

The Gross Value Added (GVA) at basic constant (2011-12) prices from the manufacturing sector in India grew 7.9 per cent year-on-year in 2016-17, as per the 2nd provisional estimate of annual national income published by the Government of India. Under the Make in India initiative, the Government of India aims to increase the share of the manufacturing sector to the gross domestic product (GDP) to 25 per cent by 2022, from 16 per cent, and to create 100 million new jobs by 2022. Business conditions in the Indian manufacturing sector continue to remain positive.

Manufacturing sector is the backbone of any economy. It fuels growth, productivity, employment, and strengthens agriculture and service sectors. Astronomical growth in worldwide distribution systems and IT, coupled with opening of trade barriers, has led to stupendous growth of global manufacturing networks, designed to take advantage of low-waged yet efficient work force of India.

Few Projects for Startup:

Grain & Potato Based Vodka Distillery

Vodka is a neutral spirit that is without distinctive character, aroma, taste, or color. These properties are developed during the distillation process or by treating crudely distilled spirits with activated carbon or other materials. Finely distilled vodka may also be further purified and refined by treatment with activated carbon and other materials…….Read more

Autoclaved Aerated Concrete (AAC Blocks)

Autoclaved Aerated Concrete (AAC) is a non-combustible, lime-based, cementitious building material that is expanding into new worldwide markets. As a single-component building material, AAC has achieved acceptance in new markets throughout the world.…….Read more

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