Niir Project Consultancy Services (NPCS) through its network of project consultants in a wide range of business and technological disciplines is engaged in providing services to its clients by way of preparation of project reports. We provide the pre-investment information and business plans required for promoters, business leaders, young entrepreneurs, women entrepreneurs, investors, NRI (Non Resident India), startups, professionals looking to start their own venture. The comprehensive project profile reports cover all the aspects of business, from analyzing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. the scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet, break-even point, rate of return (ROR), etc. the DPR is formulated by highly accomplished and experienced consultants and the market research and analysis are supported by a panel of experts and digitized data bank.

How to Start Your Own Glass Fiber Reinforced Polymer (GFRP) Rebar Business

Capacity 0 Plant and Machinery cost 0.00 Lakhs
Working Capital 0.00 Rate of Return (ROR) 0.00 %
Break Even Point (BEP) 0.00 % TCI 0.00 Lakhs
Cost of Project 0.00Lakhs



A distinctive material is used to reinforce concrete structures, including bridges and buildings, called glass fibre reinforced polymer (GFRP) rebar. This kind of rebar is substantially lighter than conventional steel rebar since it is constructed of glass fibres and resin. Many structures, including bridge decks, balconies, steps, walls, columns, and more, can be built with GFRP rebar.


Visit this Page for more Information: Start a Business in Glass Manufacturing Industry


The Production Process:

Rebar made of glass fibre reinforced polymer (GFRP) is a more affordable and long-lasting reinforcement material for concrete constructions than typical steel rebar. You must be familiar with the production process before starting your own GFRP rebar company. This entails the choice and acquisition of raw materials, the manufacturing of GFRP rebar, and the distribution of the final good to clients.

Choosing and buying raw materials is the initial step in the manufacturing process. This covers additives, resin, and glass fibre. Glass fibres need to be durable enough to endure the challenges of making rebar and have corrosion resistance. The glass fibres are joined together by means of resins. It is possible to utilize additives to enhance a variety of characteristics, including impact resistance, adhesion, and strength.


Related Business Plan: Glass Fiber Reinforced Polymer (GFRP) Rebar Manufacturing Business


After choosing and purchasing the raw materials, they must be ready for use in the manufacturing process. The materials must be sorted, cut to the appropriate size, and weighed in accordance with the specifications. After that, they can be combined with resin and other ingredients to make GFRP rebar.

The GFRP mixture is extruded into the desired shape, wrapped around a steel rod for added support, and cured in a specific oven as part of the manufacturing process. The GFRP rebar is cut to length after curing, and any flaws or irregularities are checked for.

The GFRP rebar must then be packaged for delivery and shipping.


Watch Video: Starting a Glass Fiber Reinforced Polymer (GFRP) Rebar Business: The Ultimate Guide


The Market For GFRP Rebar:

Because it offers greater strength and corrosion resistance than conventional steel rebar, GFRP rebar is becoming an increasingly attractive option for engineering and construction applications. The demand for GFRP rebar is rising steadily worldwide and shows no signs of decreasing. As a result, the market for GFRP rebar is expanding quickly, making it a desirable choice for business owners wishing to launch a GFRP rebar enterprise.

Asia-Pacific and the Middle East are the GFRP rebar's two biggest growing markets. Due to its higher strength, corrosion resistance, and cost-effectiveness compared to conventional steel rebar, GFRP rebar is in high demand in these areas. Also, governments in these areas have put in place regulations that promote the usage of GFRP rebar. GFRP rebar demand in these markets is thereby increased.


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With more contractors realizing the advantages of GFRP rebar in their projects, the market for GFRP rebar in North America is also expanding quickly. Due to its greater strength and resistance to corrosion compared to conventional steel rebar, several large projects in North America now mandate the use of GFRP rebar. As a result, this offers a fantastic opportunity for business owners wishing to launch a GFRP (Glass Fiber Reinforced Polymer) Rebar company in North America.

Overall, the market for GFRP rebar is expanding quickly and presents several prospects for business owners who want to launch a GFRP rebar company. It can be a successful business enterprise that will yield long-term rewards with the appropriate plan.


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The Business Case For GFRP Rebar:

The development of glass fibre reinforced polymer (GFRP) rebar, a lightweight, highly durable, and corrosion-resistant substitute for conventional steel rebar, has transformed the building sector. When compared to steel rebar, using GFRP rebar has a number of advantages, making it a desirable choice for companies trying to maximize productivity and cut costs.

GFRP rebar may be utilized in a variety of harsh conditions without the need for additional protection because it is more robust than steel and resistant to corrosion from chemicals and salt water. In the long term, businesses can save money because it has a longer lifespan and doesn't need routine maintenance. Businesses can save time and money on transportation costs by using GFRP rebar, which is lighter and easier to carry than steel. The strength-to-weight ratio of GFRP rebar is another excellent feature. This means that it can be utilised in situations where weight is an issue and that it can perform better than steel while weighing much less. Because of this, GFRP rebar is perfect for construction projects like bridges and other structures that need to be strong while also being lightweight.


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There are a number of factors to take into account for organizations wishing to launch their own GFRP rebar business. The company should first decide what kinds of projects, such bridges or substantial structures, it wants to undertake. Second, they must locate trustworthy GFRP rebar suppliers as well as the tools and resources needed to install it. Last but not least, they need to make sure that they have access to professionals who can securely install GFRP rebar in accordance with applicable laws.

Creating your own GFRP rebar company is a fantastic way to benefit from the advantages that come with this cutting-edge building material.


Uses and Applications:

Rebar that has been reinforced with glass fibres and polymers is known as glass fibre reinforced polymer (GFRP) rebar. Contractors are using this form of rebar more frequently as a result of the benefits it provides over conventional steel rebar. GFRP Rebar can be used in a wider range of applications and has a substantially greater tensile strength and fatigue life than steel rebar.


Related Feasibility Study Reports: Glass Fiber Reinforced Polymer (gfrp) Rebar Manufacturing Business


Highways, bridges, parking garages, high-rise skyscrapers, and any other structure requiring high tensile strength can all be built with GFRP Rebar. Moreover, it can be utilized to strengthen masonry and concrete structures, enhancing their corrosion resistance and durability. In addition to being considerably lighter than steel rebar, GFRP Rebar is also easily cuttable, drillable, and bendable. Also, unlike steel rebar, GFRP rebar doesn't need to be coated with epoxy and is simple to transport because it doesn't need any additional bracing or supports.

The uses and applications for this kind of rebar are numerous, making it a good choice for contractors wishing to launch a GFRP Rebar business. From huge infrastructure projects like bridges and highways to tiny domestic projects like patios and decks, GFRP Rebar can be used for a range of various tasks. This kind of rebar is getting more and more common, and the options are essentially unlimited.


Benefit Of Starting Glass Fiber Reinforced Polymer (GFRP) Rebar Business:

It can be profitable and satisfying to launch a Glass Fiber Reinforced Polymer (GFRP) Rebar business. An innovative type of reinforcement material that is increasingly being employed in building projects all around the world is GFRP rebar. In comparison to conventional steel rebar, it has various benefits, including increased tensile strength, reduced thermal conductivity, low cost, and corrosion resistance. The appeal of beginning a GFRP rebar business is the possibility of profiting from these advantages.


Watch other Informative Videos: Production of Glass Fiber | Investment Opportunities in Composites Industry

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As the advantages of GFRP rebar become well known, its application has grown dramatically in recent years. Starting a GFRP rebar company could give you the opportunity to take the lead in this expanding market.


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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.



NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report,  Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.


And before diversifying/venturing into any product, wish to study the following aspects of the identified product:

• Good Present/Future Demand
• Export-Import Market Potential
• Raw Material & Manpower Availability
• Project Costs and Payback Period

We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.


The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project?
• What will drive the growth of the product?
• What are the costs involved?
• What will be the market potential?

The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.

Reasons for buying the report:

• This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.

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• This report helps you market and place the product correctly by identifying the target customer group of the product.

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• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.


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• We use reliable sources of information and databases.  And information from such sources is processed by us and included in the report.


Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:



Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications


Ø  Market Study and Assessment

·         Current Indian Market Scenario

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity


Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers


Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel


Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)


Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram


Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities


Project at a Glance

Along with financial details as under:


  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital


  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals


                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios


                Earnings Per Share (EPS)


             Debt Equity Ratio

        Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 


  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR