The Benefits of Starting your Business;

 

You have little to no control over your tax burden when you work for someone else's paycheck. You can, however, change this by establishing a business. When you own a small business, you may deduct a lot of business costs, lowering your tax bill and putting more money in your pocket. When and if you start your business, you give yourself the gift of financial freedom, and your business can help you build huge wealth. 

Starting your own business allows you to control your life's journey, define your goals, comprehend your beliefs, and then act on them. Small business ownership provides you with the necessary tools to build the life you choose. Creating jobs for the economy is one of the most empowering things a business owner can do.

 

What are the advantages of starting a business in Chhattisgarh?

 

Minerals in Chhattisgarh;

Chhattisgarh has the ideal geological setting to host a variety of lucrative mineral reserves, and the state has the highest mineral wealth in India. Diamond, coal, iron ore, limestone, dolomite, bauxite, and tin ore are among the important minerals in the state.  Only Chhattisgarh is an Indian state that produces tin ore. The state also has atomic minerals and the valuable metal gold. Among the other minerals are corundum, clay, quartzite, base metals, fluorite, beryl, andalusite, kyanite, sillimanite, talc, soapstone, and garnet. The state also has vast amounts of granite in a variety of appealing shades that can be used as decorative stones.

Clays, quartzite, fluorite, andalusite, kyanite, sillimanite, talc, soapstone, steatite, marble, silica sand, and other minerals have also been discovered in various locations of the  State.  Steel production and electric power generation are also prevalent in Chhattisgarh. Chhattisgarh produces over  15%  of the country's steel.

 

Agriculture in Chhattisgarh;

Agriculture employs almost 80% of the state's population, while the state's fertile land is cultivated to the tune of 43%. Paddy is the main crop, and Chhattisgarh's central plains are renowned as the "rice bowl" of central  India. Coarse grains, wheat, maize, groundnut, pulses, and oilseeds are among the other significant crops. Mango, banana, guava, and other fruits, as well as a variety of vegetables, can be grown in the area. It contains one of the most diverse biodiversity areas in the country, with forests covering 44% of its land area. Tendu leaves, Sal seed, and other small forest products abound. Other possible revenue generators for the state include medicinal plants, bamboo, lac, and honey.

 

Chhattisgarh's Ease of Doing Business;

Investor-friendly policies exist in Chhattisgarh, such as the Industrial Policy, the Electronics and ITeS Policy, the Agro & Food Processing Policy, the Automotive Industry Policy, and the Solar Policy, among others. The state is ranked among India's top states for "Ease of Doing Business." To ensure that services are delivered on schedule, the Lok Sewa Guarantee Adhiniyam was established. State Investment Promotion Board (SIPB), Chhattisgarh State Industrial Development Corporation (CSIDC), Chhattisgarh Infotech Promotion Society (CHiPS), and Naya Raipur Development Authority are some of the high-level enabling institutions it has established. 

A single-window facilitation centre for investment promotion in both industrial and infrastructure projects is being developed, as well as an online system for granting all forms of sanctions, approvals, and other documents. All state levies and taxes can be paid online. Annual filing of online returns, VAT refunds are simplified by paying directly into the firm's account within 60 days. 

In place of manual registration, the state has implemented e-Registration. A common application form for VAT, CST, Entry Tax, Luxury Tax, and other taxes is being developed. The state grants presumed approval for land diversification, labour compliance, voluntary compliance, and other activities. The number of returns has been reduced from 32 to simply two. In place of 65, only one register should be kept for nonhazardous industries, A once-per-five-year inspection, online application for electricity connections. 

 

Infrastructure;

The road network of Chhattisgarh is excellent. Good all-weather roads connect all district headquarters, tehsils, and development blocks. The existing road network is being improved. The state of Chhattisgarh shares boundaries with six other states. Several routes have been prioritised for an upgrade to ensure a smooth ride for interstate traffic. According to a survey by Coeus Age Consulting, Chhattisgarh has emerged as the top state in terms of policy and infrastructure readiness, as well as mission mode project performance. According to the Digital States of India latest study, Chhattisgarh was followed by Maharashtra, Haryana, Andhra Pradesh, and Madhya Pradesh in the top five states.

 

Railways in Chhattisgarh;

Railways play a crucial part in Chhattisgarh's industrial development since they help move vast amounts of coal, iron ore, and other commodities both within and outside the state. The Indian railways developed a new Railway Zone entitled 'South-East Central Railway' with its headquarters in Bilaspur, Chhattisgarh, in recognition of the potential for mining and metal industry-related traffic in the state.

Chhattisgarh's integration with the national railway system and the state's competitiveness will be strengthened through new projects. The Rajdhani Express connects Chhattisgarh to the national capital, New Delhi.

Chhattisgarh has the greatest freight loading in the country, and it accounts for one-sixth of Indian Railway revenue. The state's rail network spans 1,187 kilometres.

There are direct daily trains connecting Delhi, Kolkata, Chennai, and Mumbai from Raipur, which is located on the main Mumbai-Kolkata line. Many cities, including Ahmedabad, Allahabad, Varanasi, Bangalore, Cochin, Pune, and Hyderabad, have direct trains. In the state, PPP rail routes of about 452 kilometres in length are being developed.

 

Airports;

There are two airports in the state, one in Raipur and one in Bilaspur. Bhilai, Bilaspur, Korba, Raigarh, Jagdalpur, Ambikapur, Jashpur Nagar, and Sarangarh are the state's eight airstrips. 

Raipur Airport has won the 'National Tourism Award 2012-13' for being the finest non-metro airport in India. Raipur is connected to New Delhi, Mumbai, Kolkata, Bhubaneswar, Nagpur, Bhopal, Indore, Ahmedabad, and Hyderabad via daily flights. 

During the 2013-14 fiscal year, Raipur Airport received 839,534 passengers and handled 9,279 flights. The Airports Authority of India (AAI) has proposed building two additional airports in Raigarh and Bilaspur. Raigarh Airport has received AAI approval, with an estimated cost of US$ 48.8 million, and the state government is working on signing an MoU with AAI.

 

How to start a business in Chhattisgarh?

 

1. Begin with a sound Business Idea;

You must first ensure that you have a good idea. From there, you can create a product that meets consumer demand. However, before you get into anything, make sure you do your homework.

 

2. Do some research on your Business Idea?

Market research is essential, as is a thorough examination of your competitors. This will allow you to assess the level of interest in your audience and:

 

Recognize your consumers' demands;

Determine whether your product has any potential flaws.

Reduce financial losses by making more informed decisions

Discover niche markets you may not have been aware of.

Set objectives that will lead your firm.

Identify your target audience

Analyze the competition.

 

3. Develop a Business Plan;

Your business plan lays forth your present and long-term objectives. This is a resource that successful businesses use to structure their company's direction. A business plan is essential since it can assist you in making more strategic and efficient decisions. It also assists you in focusing on your objectives and tactics. Another advantage of a business plan is that it can assist you with:

 

Identifying potential flaws

Getting your ideas through to stakeholders

Organizing critical information regarding your company

Hiring candidates who are right for your company

 

4. Register your New Business;

It's time to take your business to the next level by making it official once you've spent enough time exploring your idea and determining that it has the potential to do well in the market.

 

You'll need to do the following to accomplish this:

 

Register your business

Reserve Unique Name

Apply Digital Signature Certificate

Prepare Supporting Documents

Submission of Documents

Obtain a certificate of incorporation

Obtain your Director Identification Number

 

Obtain TAN & PAN.

 

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A Business Plan For Sanitary Napkins
A Business Plan For Sanitary Napkins

A sanitary napkin, also kno... Read More

Capacity : Sanitary Napkins 4,800 PKTS per day
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Start Manufacturing Of Blood Collection Tubes (Vacutainer)

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Start Production Of Potato Flakes
Start Production Of Potato Flakes

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Setup Manufacturing Unit Of Bicycle Saddle & Pedals
Setup Manufacturing Unit Of Bicycle Saddle & Pedals

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Business Plan for Lithium Ion Battery (Battery Assembly)

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Start Manufacturing Business of Steel Containers (Cargo Containers)
Start Manufacturing Business of Steel Containers (Cargo Containers)


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Start Cutting and Grinding Disc Business
Start Cutting and Grinding Disc Business

 

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Rate of Return (ROR):28.00%
Break Even Point (BEP):48.00 %
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Mink Blankets Production
Mink Blankets Production

 

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A Business Plan for Micronutrient Fortified Energy Dense Food (Rice Based)
A Business Plan for Micronutrient Fortified Energy Dense Food (Rice Based)

 

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Start Business of Caustic Soda (Solids, Liquids, Flakes & Pearls)
Start Business of Caustic Soda (Solids, Liquids, Flakes & Pearls)


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Start Crumb Rubber Powder Business from Waste Tyre (with Shredding Process)

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Start Rice Milling Plant
Start Rice Milling Plant

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Start Manufacturing of Wooden Pencils

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Dough Moulded Compound
Dough Moulded Compound

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Electric Geyser
Electric Geyser

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Hydrochloric Acid (For Toilet Cleaner)
Hydrochloric Acid (For Toilet Cleaner)

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Poplar Plantation
Poplar Plantation

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Magnesium Powder (Light)
Magnesium Powder (Light)

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Cricket Ball and Bat Manufacturing
Cricket Ball and Bat Manufacturing

Cricket Ball

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Softy Ice Cream
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Cold Rolled Pressed Steel Doors & Windows
Cold Rolled Pressed Steel Doors & Windows

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Capacity : 00
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Break Even Point (BEP):0.00 %
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Plastic Toys
Plastic Toys

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Capacity : 0
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E-Waste Recycling Plant
E-Waste Recycling Plant

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Ferrochrome Manufacturing Business
Ferrochrome Manufacturing Business

 

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Start Banana Wine Production Business
Start Banana Wine Production Business

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Activated Carbon From Rice Husk Saw Dust & Coconut Shell Manufacturing Business Plan
Activated Carbon From Rice Husk Saw Dust & Coconut Shell Manufacturing Business Plan

 

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Set Up Activated Carbon From Rice Husk, Saw Dust & Coconut Shell Manufacturing Business Plan

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Set Up Business of Flat Glass Manufacturing Most Profitable Idea for Flat Glass Production Business
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A flat glass Read More

Capacity : 0
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Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Capacity : 0
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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
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A Business Plan for Bio-Degradable Plastic Polymer from Corn
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Sulphur Powder Manufacturing Business
Sulphur Powder Manufacturing Business

 

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Rate of Return (ROR):24.00%
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Manufacturing Business Ginger Oil & Ginger Powder
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Ginger oil, also ... Read More

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Rate of Return (ROR):28.00%
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Start a Business of Manufacturing Steel Epoxy Putty Stick
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Rate of Return (ROR):35.00%
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Start Activated Carbon from Rice Husk, Saw Dust & Coconut Shell Processing Business Profitable & Potential Business Idea of Activated Carbon from Rice Husk, Saw Dust & Coconut Shell
Start Activated Carbon from Rice Husk, Saw Dust & Coconut Shell Processing Business Profitable & Potential Business Idea of Activated Carbon from Rice Husk, Saw Dust & Coconut Shell

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Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Capacity : 0
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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
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Cumin, Turmeric, Chilly & Coriander Trading or Exporter
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In the food industry, Read More

Capacity : 0
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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
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Start Production Of Wire Nails
Start Production Of Wire Nails

 

Wire nails are a ... Read More

Capacity : Wire Nails: 48,000 MT Per Annum, Wire Scraps: 4,500 MT Per Annum
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Rate of Return (ROR):30.00%
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Auto Brake Pad  and  Auto Brake Shoe Production Business
Auto Brake Pad and Auto Brake Shoe Production Business

 

Auto Brake Pads a... Read More

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TCI :0.00 Lakhs
Cost of Project : 1422.00Lakhs
Add To Inquiry Basket
Business Plan for Production of Double and Single Wall Vacuum Steel Bottles
Business Plan for Production of Double and Single Wall Vacuum Steel Bottles

 

Double-wall vacuu... Read More

Capacity : Double Wall Vacuum Steel Bottles 600,000 Bottles Per Annum Single Wall Vacuum Steel Bottles 600,0
Plant and Machinery cost: 963.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):28.00%
Break Even Point (BEP):52.00 %
TCI :0.00 Lakhs
Cost of Project : 1619.00Lakhs
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A Business Plan for Ferric Pyrophosphate
A Business Plan for Ferric Pyrophosphate

 

Ferric pyrophosph... Read More

Capacity : Ferric Pyrophosphate 600 MT Per Annum
Plant and Machinery cost: 48.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):31.00%
Break Even Point (BEP):73.00 %
TCI :0.00 Lakhs
Cost of Project : 133.00Lakhs
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How to Start A Business of Auto Piston
How to Start A Business of Auto Piston

An Read More

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
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A Business Plan for Seaworthy Containers
A Business Plan for Seaworthy Containers

Seaworthy containers are a new type of shipping container that have been designed to withstand the condit... Read More

Capacity : Standard Seaworthy Container Size: 20Ft 2,400 Nos. Per Annum
Plant and Machinery cost: 907.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):28.00%
Break Even Point (BEP):43.00 %
TCI :0.00 Lakhs
Cost of Project : 2040.00Lakhs
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Setup Extraction of Salt  From Sea Water  Plant
Setup Extraction of Salt From Sea Water Plant

 

Extraction of salt from sea water is a process by which salt is removed from the seawater. Salt... Read More

Capacity : Iodized Salt: 30,000 MT per annum, Industrial Salt: 30,000 MT per annum
Plant and Machinery cost: 1156.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):29.00%
Break Even Point (BEP):41.00 %
TCI :0.00 Lakhs
Cost of Project : 2776.00Lakhs
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A business Plan For Surgical Sutures (Assembling)
A business Plan For Surgical Sutures (Assembling)

 

Surgical sutures are a vital part of the medical industry and are used in numerous medical proc... Read More

Capacity : Surgical Sutures: 450,000 Boxes per annum
Plant and Machinery cost: 169.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):27.00%
Break Even Point (BEP):63.00 %
TCI :0.00 Lakhs
Cost of Project : 877.00Lakhs
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Starting up production of  Glycerol Monostearate
Starting up production of Glycerol Monostearate

Glycerol monostearate is an organic compound that is derived from glycerol and used as an emulsifier, thi... Read More

Capacity : Glycerol Monostearate: 900 MT Per Annum
Plant and Machinery cost: 93.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):29.00%
Break Even Point (BEP):64.00 %
TCI :0.00 Lakhs
Cost of Project : 320.00Lakhs
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Startup A Business of Double and Single Wall Vacuum Steel Bottles Setup the Manufacturing Plant of Double and Single Wall Vacuum Steel Bottles
Startup A Business of Double and Single Wall Vacuum Steel Bottles Setup the Manufacturing Plant of Double and Single Wall Vacuum Steel Bottles

Because the double-walled design prevents condensation on the outside of the bottle... Read More

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
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Now Is The Time To Take Control Of Your Future And Start A Business
Now Is The Time To Take Control Of Your Future And Start A Business

 

Starting a busine... Read More

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
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Start Production of Potato Chips And  Extruded Snack Food  (Kurkure Type)
Start Production of Potato Chips And Extruded Snack Food (Kurkure Type)

Potato Chips a... Read More

Capacity : Potato Chips: 150,000 Kgs Per Annum Kurkure Type Snacks: 150,000 Kgs Per Annum
Plant and Machinery cost: 43.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):30.00%
Break Even Point (BEP):71.00 %
TCI :0.00 Lakhs
Cost of Project : 121.00Lakhs
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Setup Cashew Nut Processing Plant
Setup Cashew Nut Processing Plant

Cashew nut pro... Read More

Capacity : Cashew Nut Processing: 4,794 Kgs Per Day
Plant and Machinery cost: 600.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):23.00%
Break Even Point (BEP):76.00 %
TCI :0.00 Lakhs
Cost of Project : 1100.00Lakhs
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Start a Business of Particle Board  From Rice Husk
Start a Business of Particle Board From Rice Husk

Particle board, also known ... Read More

Capacity : Particle Board (Size 4ftx8ftx16 inch.): 150,000 Nos. Per Annum
Plant and Machinery cost: 200.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):30.00%
Break Even Point (BEP):70.00 %
TCI :0.00 Lakhs
Cost of Project : 1100.00Lakhs
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A Business Plan for Wood Plastic Composite (WPC)
A Business Plan for Wood Plastic Composite (WPC)

 

Wood... Read More

Capacity : Wood Plastic Composite (WPC): 10 Million Sq.Ft. per annum
Plant and Machinery cost: 406.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):27.00%
Break Even Point (BEP):61.00 %
TCI :0.00 Lakhs
Cost of Project : 790.00Lakhs
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Start a Production Of Soda Ash  By Solvay Process
Start a Production Of Soda Ash By Solvay Process

Soda ash, or sodium carbonate, is a white, powdery chemical commonly used in the prod... Read More

Capacity : Soda Ash (Na2CO3): 200,000 MT Per Annum, Ammonium Chloride (NH4Cl): 200,000 MT Per Annum
Plant and Machinery cost: 105000.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):14.00%
Break Even Point (BEP):43.00 %
TCI :0.00 Lakhs
Cost of Project : 1265.00Lakhs
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Setup Plant OF Hot Dip Galvanizing
Setup Plant OF Hot Dip Galvanizing

 

Hot ... Read More

Capacity : All Types of MS Structure 120 MT per day
Plant and Machinery cost: 619.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):25.00%
Break Even Point (BEP):42.00 %
TCI :0.00 Lakhs
Cost of Project : 2647.00Lakhs
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A Business Plan for Potato Powder, Starch & Flakes
A Business Plan for Potato Powder, Starch & Flakes

Potato Powder, Starch & Flakes are a range of products derived from the tuber of ... Read More

Capacity : -
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):27.00%
Break Even Point (BEP):58.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Start a Business of Lithium Ion Battery (Battery Assembly)
Start a Business of Lithium Ion Battery (Battery Assembly)

A lithium-ion or Li-ion battery is a type of rec... Read More

Capacity : Lithium-Ion Battery 60,000 Nos per Annum
Plant and Machinery cost: 172.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):29.00%
Break Even Point (BEP):61.00 %
TCI :0.00 Lakhs
Cost of Project : 812.00Lakhs
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Best Industry Business Plan Is Zeolite 4a! (Detergent Grade)
Best Industry Business Plan Is Zeolite 4a! (Detergent Grade)

The Product:... Read More

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
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Startup Most Growing and Demanding industry Business plant of Fiberglass Transparent LPG Cylinders
Startup Most Growing and Demanding industry Business plant of Fiberglass Transparent LPG Cylinders

Product: Read More

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
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Start a Production Of Compressed Biogas
Start a Production Of Compressed Biogas

Compressed bio gas (CBG) is a renewable energy source produced from organic material such as agricultural... Read More

Capacity : Compressed Bio Gas 6 MT Per Day Spent Slurry as Manure 60 MT Per Day
Plant and Machinery cost: 172.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):27.00%
Break Even Point (BEP):46.00 %
TCI :0.00 Lakhs
Cost of Project : 522.00Lakhs
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NameCapacityRate of return (ROR):Cost of project
A Business Plan For Sanit... Sanitary Napkins 4,800 PKTS per day 27.00 84.00
Start Manufacturing Of Bl... - 32.00 985.00
Start Production Of Potat... Potato Flakes 2 MT Per Day 25.00 563.00
Setup Manufacturing Unit ... Saddle 7,000 Unit Per Day Pedals 10,000 Unit Per Day 31.00 575.00
Opportunity in Sodium Sul... Sodium Sulfide Flakes 10,000 MT Per Annum 30.00 1426.00
Business Plan for Lithium... - 29.00 812.00
Start Manufacturing Busin... Cargo Containers (Size 20 Feet) 34 Nos Per Day 29.00 1992.00
Start Cutting and Grindin... Cutting Disc Size: (115 mm x 1 mm) 2,000 Pcs Pr Day Grinding Disc (115 mm x 6 mm) 2,000 Pcs Pr Day 28.00 423.00
Mink Blankets Production - 27.00 6000.00
A Business Plan for Micro... Micronutrient Fortified Energy Dense Food 100 MT Per Day 28.00 3500.00
Start Business of Caustic... - 25.00 56500.00
Start Crumb Rubber Powder... Crumb Rubber Powder 10 MT Per Day By Product Steel Wire 2 MT Per Day 26.00 303.00
Start Rice Milling Plant - 28.00 824.00
Start Manufacturing of Wo... Wooden Pencils 69,444 Gross Per Day 28.00 2400.00
Dough Moulded Compound 0 0.00 0.00
Electric Geyser 0 0.00 0.00
Hydrochloric Acid (For To... 0 0.00 0.00
Poplar Plantation 0 0.00 0.00
Magnesium Powder (Light) 0 0.00 0.00
Cricket Ball and Bat Manu... 0 0.00 0.00
Softy Ice Cream 0 0.00 0.00
Cold Rolled Pressed Steel... 00 0.00 0.00
Plastic Toys 0 0.00 0.00
E-Waste Recycling Plant Plastic Granules: 4, 00,000 Kgs per annum Glass Scrap:3, 00,000 Kgs per annum Copper Scrap: 2, 50,0 25.00 829.00
Ferrochrome Manufacturing... Ferrochrome 135 MT Per Day 10.00 40400.00
Start a Business Of LPG C... LPG Cylinders (14.20 Kgs Size) 3,334.0 Nos. per day LPG Cylinders (19 Kgs Size) 3,334.0 Nos. per day 32.00 3475.00
Start Banana Wine Product... Banana Wine (750 ml size Bollte) 2,960 Bottles per day 25.00 1189.00
Activated Carbon From Ric... Activated Carbon 2,000 Kg Per Day 25.00 606.00
Set Up Activated Carbon F... Activated Carbon 2,000 Kg Per Day 25.00 606.00
Set Up Business of Flat G... 0 0.00 0.00
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