Best Business Opportunities in Haryana - Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship


Why start your own Business? 

Entrepreneurs get the freedom to set their own hours. Once the firm is established and you have staff performing the majority of the essential duties, you will be able to spend more time with your family and friends. Rules aren't going to be set by anyone else. 

You have the ability to formulate your surroundings. You have control over the formality and culture of your company. You can meet new individuals and network with other professionals and entrepreneurs. You can create jobs and boost the economy by providing new work opportunities. Your children or grandchildren can inherit your established business.


What are the Advantages of Starting Business in Haryana;

 

Haryana's Ease of Doing Business;

Due to the government's business-friendly policies, Haryana is ranked third in 'Ease of Doing Business.' In terms of ease of doing business, Haryana topped the Northern States. The Haryana government has encouraged entrepreneurs to invest in the state. Entrepreneurs, on the other hand, praised the state government for providing a variety of services, including a system for issuing various sorts of No Objection Certificates (NOCs) in a timely way, an online application system, and appropriate electrical supply. 

All 301 reforms requested by the Business Reform Action Plan(2020-21) have been accomplished by the state. Land registration, approval of building plans, approval of local bodies, electricity and water (useful services) connections, contract enforcement, creation of single-window desks, strengthening of investment facilitation helpdesks, area-wise licenses, and many other approvals comprise these improvements. Furthermore, the state completed all 45 reforms outlined in the District Reform Action Plan - 2019.

 

Initiatives by the Government;

The Industrial and Investment Policy of 2011 provides a wide range of economic and policy incentives for enterprises. It also includes sector-specific policies, particularly in the IT and tourist sectors. The Haryana State Industrial and Infrastructure Development Corporation Ltd (HSIIDC) is the state's principal industrial development and investment facilitation organisation, responsible for ensuring that entrepreneurs investing in the state have access to reliable and efficient facilities. 

Haryana's cumulative Foreign Direct Investment (FDI) inflows were US$ 1.7 billion in FY21 and US$ 2.42 billion between October 2019 and March 2021, according to the Department for Promotion of Industry and Internal Trade (DPIIT). 

To achieve consistent economic growth, the state has taken many initiatives to develop industrial infrastructure. 

A New Industrial Policy termed Haryana Enterprises and Employment Policy - 2020 has also been introduced to foster an investment-friendly environment. Its goals include

     creating 5 lakh employment,

     attracting Rs 1 lakh crore in investment,

     doubling exports to Rs 2 lakh crore, and

     amending several state legislation (Acts, Rules, and Guidelines) to make them more investor-friendly.

 

Ease of access to Finance Business in Haryana; 

The State Government's "Scheme for Assistance for Startups in the State," notified under the provisions of its Haryana Enterprises and Employment Policy 2020, provides financial assistance in the form of a seed grant of up to Rs 10 lakh, a lease rental subsidy of up to Rs 5 lakh, and 100 per cent net SGST reimbursement for seven years, among other incentives, to encourage startups in Haryana. 

For 100 companies in 'A' category blocks, 200 startups in 'B' category blocks, 300 startups in 'C' category blocks, and 400 startups in 'D' category blocks in the state, the government will award seed funding of up to Rs 10 lakh per startup under the scheme. The final authority on seed grant idea selection would be a five-member state government committee chaired by the Administrative Secretary, Haryana Department of Industries and Commerce. 

There will also be a reimbursement of 30% of lease rental subsidies for general startups and 45 per cent for firms with sole women founders for one year up to Rs 5 lakh. The government has also agreed to grant an interest subsidy of 8% to startups registered in the state for a period of five years, up to a maximum of Rs 20 lakh per year. 

Startups would be given financial assistance of up to Rs 2.5 lakh for national acceleration programmes and Rs 5 lakh for international acceleration programmes.


Mineral Reserves in Haryana;

The state owns the majority of the country's tin (64 per cent), quartz-silica sand (52 per cent), and quartzite resources (49 per cent). 

The districts of Faridabad, Gurgaon, and Rewari have china clay; Ambala, Bhiwani, Mahendragarh, and Panchkula have limestone; quartz/silica sand is widely distributed in Faridabad, Gurgaon, and Mahendragarh; quartzite is found in Faridabad and Gurgaon districts, and slate is found in Mahendergarh and Gurgaon districts.

 

The Agriculture in Haryana; 

Haryana was a prominent player in the grain production industry. Haryana's total food grains grew dramatically after the Green Revolution. Haryana's main Kharif crops include rice, jowar, bajra, maise, cotton, jute, sugarcane, sesame, and groundnut. Gram, wheat, and barley are the main Rabi crops. Over 60% of India's Basmati rice exports originate in Haryana, which is the second-largest contributor of food grains to the central pool. The state government's 'Horticultural Vision' intends to increase horticulture acreage from 7.5 per cent to 15 per cent and triple horticulture production by 2030.


Haryana's Automobile Industries; 

Haryana is a leading state in industrial production, particularly passenger cars, two-wheelers, mobile cranes, and tractors. As well as being the third largest exporter of software, it is also one of the most popular destinations for the IT/ITeS sector. 

Automakers and auto-component manufacturers desire to locate in Haryana. The state is home to a slew of auto companies. The state produces two-thirds of all passenger automobiles, half of all tractors, 60% of all motorcycles, and half of all refrigerators in the country. Exports of automobiles and auto components from Haryana rose from US$ 1.070.3 million in FY20 to US$ 618.7 million in FY21.

 

Infrastructure in Haryana; 

Special economic zones (SEZs), the Kundli-Manesar-Palwal (KMP) global corridor, and the Delhi-Mumbai Industrial Corridor were among the state's investments in the creation of world-class infrastructure.Haryana, in North India, has a vast network of around 34 National Highways (NH) with a total length of 2,484 kilometres, 11 Expressways, including three National Expressways, State Highways (SH) with a total length of 1,801 kilometres.

 

The Railways in Haryana; 

The rail network in Haryana, India, is divided into five rail divisions and three rail zones:

     Region of the North Western Railway (Bikaner and Jaipur railway divisions)

     Railways in the northern zone (Delhi and Ambala divisions)

     North Central Railway zone (Delhi railway division and Ambala railway division) (Agra railway division)

Haryana is served by the Diamond Quadrilateral High-Speed Rail Network's Eastern Dedicated Freight Corridor and Western Dedicated Freight Corridor. 

 

How to Start a Business in Haryana;

 

Steps for Registering a Business in Haryana online

 

Please check for name availability as a first step. 

To find the firm name, follow the screen prompts and hit search. Applicants must check if the submitted name is already registered using various name combinations. 

Once you have the name you want, you may download the application form. 

Applicants can use the online services to clear up any questions they have about the firm registration process. 

Applicants can register their business at https://www.mca.gov.in/content/mca/global/en/contact-us/roc.html. Select the MCA SERVICES menu from the provided page. This menu contains a selection of alternatives to meet the needs of the applicants. Select the appropriate services from the online menu. 

The applicant must register with the registrar of companies.

 

Below are the Requirements; 

Applicants, shareholders, and directors must provide self-attested copies of all relevant documents. 

The registration above is for two Indian directors, two Indian shareholders, and a maximum authorised capital of Rs. 1,00,000/-. There will be an increase in government charges for extra directors, shareholders, or share capital. 

The Ministry of Company Affairs has complete authority over company name approval and availability.

Shareholders must deposit a sum equal to share capital in the company's current bank account at the time of incorporation. 

Within 180 days of its incorporation, every firm must get a business certificate [COB].


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Glass Round Balls
Glass Round Balls

Glass balls are for the playing and decoration purpose.

 

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Dried Malted Beverage Food

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Talcum Powder
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PVC Granules & Rigid Pipes
PVC Granules & Rigid Pipes

PVC Granules

PVC ... Read More

Capacity : 0
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Tread Rubber Used for Cold Process
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Capacity : 0
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Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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A Business Plan For Sanitary Napkins
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Start Production Of Potato Flakes
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Start Cutting and Grinding Disc Business
Start Cutting and Grinding Disc Business

 

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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)

 

Micronutrient For... Read More

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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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Rate of Return (ROR):25.00%
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Start Crumb Rubber Powder Business from Waste Tyre (with Shredding Process)

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Break Even Point (BEP):56.00 %
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Pan Masala Sada, Meetha & Zarda Manufacturing Business Plan
Pan Masala Sada, Meetha & Zarda Manufacturing Business Plan

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Rate of Return (ROR):30.00%
Break Even Point (BEP):72.00 %
TCI :0.00 Lakhs
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Business Plan for Rewinding of Burnt Electric Motors

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Plastic Waste Recycling Plant – Business Plan
Plastic Waste Recycling Plant – Business Plan

 

Waste is now a global problem, and one that must be addressed in order to so... Read More

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Rate of Return (ROR):26.00%
Break Even Point (BEP):68.00 %
TCI :0.00 Lakhs
Cost of Project : 380.00Lakhs
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Start a Toothpaste Manufacturing Business
Start a Toothpaste Manufacturing Business

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Rate of Return (ROR):36.00%
Break Even Point (BEP):34.00 %
TCI :0.00 Lakhs
Cost of Project : 6936.00Lakhs
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Composite Materials-Carbon Fibre Composites & Glass Fibre Composites
Composite Materials-Carbon Fibre Composites & Glass Fibre Composites

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Rate of Return (ROR):29.00%
Break Even Point (BEP):67.00 %
TCI :0.00 Lakhs
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Manufacturing Business Plans
Manufacturing Business Plans

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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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Business Plans for Production
Business Plans for Production

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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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Production of Cellulose (Cellulosic) Fibers
Production of Cellulose (Cellulosic) Fibers

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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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Investment Opportunities in DCDA (Dicyandiamide)
Investment Opportunities in DCDA (Dicyandiamide)

Dicyandiamide is a strongly alkaline and water-soluble white crystalline compound with the scientific name of cyan guanidine. The chemical is the d... Read More

Capacity : Dicyandiamide (DCDA): 10 MT / Day
Plant and Machinery cost: 50.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):29.00%
Break Even Point (BEP):61.00 %
TCI :0.00 Lakhs
Cost of Project : 373.00Lakhs
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How to Start Disposable Plastic Syringes (General Medical Devices) Manufacturing Business
How to Start Disposable Plastic Syringes (General Medical Devices) Manufacturing Business

Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in steriliz... Read More

Capacity : Disposable Plastic Syringes 2 ml Size: 2,000 Boxes/ Day (Each Box = 100 Pcs.) Disposable Plastic Syr
Plant and Machinery cost: 1100.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):15.00%
Break Even Point (BEP):47.00 %
TCI :0.00 Lakhs
Cost of Project : 2006.00Lakhs
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Manufacturing of Humic Acid
Manufacturing of Humic Acid

 

Humic acid is a principal component of Humic subst... Read More

Capacity : Humic Acid: 20 MT / Day
Plant and Machinery cost: 169.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):26.00%
Break Even Point (BEP):50.00 %
TCI :0.00 Lakhs
Cost of Project : 726.00Lakhs
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Disposable Plastic Syringes with Needles Manufacturing Business
Disposable Plastic Syringes with Needles Manufacturing Business

Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to t... Read More

Capacity : Disposable Plastic Syringes with Needle 1 ml Size) : 18,000 Nos / Day Disposable Plastic Syringes
Plant and Machinery cost: 108.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):31.00%
Break Even Point (BEP):44.00 %
TCI :0.00 Lakhs
Cost of Project : 498.00Lakhs
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Synthetic Camphor (Kapoor-Kapur) Powder Business Plan
Synthetic Camphor (Kapoor-Kapur) Powder Business Plan

Camphor is a waxy, flammable, white or transparent solid with a strong aroma. It is a torpedoed with the chemical form... Read More

Capacity : Synthetic Camphor Powder : 8 MT / Day
Plant and Machinery cost: 315.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):28.00%
Break Even Point (BEP):52.00 %
TCI :0.00 Lakhs
Cost of Project : 1152.00Lakhs
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Manufacturing Business Plan-Dehydrated Onion
Manufacturing Business Plan-Dehydrated Onion

Onion is one of the most important commercial vegetable crops grown in India. Both immature and mature bulbs are used ... Read More

Capacity : Dehydrated Onion Sliced/Chopped: 50 MT / Day Cattle Feed as By Product: 35 MT / Day
Plant and Machinery cost: 2976.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):27.00%
Break Even Point (BEP):43.00 %
TCI :0.00 Lakhs
Cost of Project : 5116.00Lakhs
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Production of Biodegradable Tableware from Corn Starch
Production of Biodegradable Tableware from Corn Starch

Production of Biodegradable Tableware from Corn Star... 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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Production of Rice Husk Based Biodegradable Cutlery
Production of Rice Husk Based Biodegradable Cutlery

Production of Rice Husk Based Biodegradable Cutlery. Highly... 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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Production of Refined Oil (Cotton Seed, Ground Nut & Sunflower Oil)
Production of Refined Oil (Cotton Seed, Ground Nut & Sunflower Oil)

Production of Refined Oil (Cotton Seed, Ground Nut & Sunflower Oil). Awesome Startup... 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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Cement Grinding Unit
Cement Grinding Unit

Cement grinding are used to improve the efficiency of cement production and reduce energy cons... 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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Buffalo Meat Processing
Buffalo Meat Processing

Buffalo meat is the meat of the water buffalo, a large bovid, raised for its milk and meat in many countries including... 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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Paint Brush
Paint Brush

A paintbrush is a brush used to apply paint or sometimes ink. A paintbrush is usually made by clamping the bristles to... 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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WPC Board - Best Alternate of Wood and Plywood
WPC Board - Best Alternate of Wood and Plywood

WPC Board - Best Alternate of Wood and Plywood. Production of Wood Plastic Composite ... 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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HDPE Jumbo Bags (Flexible Intermediate Bulk Containers) FIBCS
HDPE Jumbo Bags (Flexible Intermediate Bulk Containers) FIBCS

The jumbo fabrics can withstand huge capacities ranging from 250 kgs to 2000 kgs. The bags facilitate both manual fill... Read More

Capacity : 28800 Nos./day
Plant and Machinery cost: 106.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):34.00%
Break Even Point (BEP):58.00 %
TCI :0.00 Lakhs
Cost of Project : 748.00Lakhs
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Sanitary Napkins
Sanitary Napkins

Sanitary Napkin comes under Nonwoven fabrics which as a whole come under technical textile. Technical textiles are def... Read More

Capacity : 192000 Pkts/day
Plant and Machinery cost: 569.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):30.00%
Break Even Point (BEP):45.00 %
TCI :0.00 Lakhs
Cost of Project : 1486.00Lakhs
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Activated Charcoal from Bamboo
Activated Charcoal from Bamboo

Activated charcoal is a non graphite form of charcoal and is micro crystalline in nature. It is extensively used in va... Read More

Capacity : Activated Charcoal Powder : 1 MT/day
Plant and Machinery cost: 186.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):28.00%
Break Even Point (BEP):51.00 %
TCI :0.00 Lakhs
Cost of Project : 445.00Lakhs
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Adhesive (Fevicol Type)
Adhesive (Fevicol Type)

Fevicol type adhesives come under the category of synthetic resins and latex adhesives are made from polyvinyl acetate is a... Read More

Capacity : 8 MT/day
Plant and Machinery cost: 44.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):28.00%
Break Even Point (BEP):61.00 %
TCI :0.00 Lakhs
Cost of Project : 265.00Lakhs
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Ringers Lactate Solution
Ringers Lactate Solution

Ringer's lactate solution (RL), also known as sodium lactate solution and Hartmann's solution, is a mixture of sodium ... 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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Investment Casting (Lost-Wax Casting, Metal-Forming)
Investment Casting (Lost-Wax Casting, Metal-Forming)

Investment casting is an industrial process based on lost-wax casting, one of the oldest known metal-forming technique... 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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NameCapacityRate of return (ROR):Cost of project
Polyvinyl Acetate 0 0.00 0.00
Coir Pith Products (Briqu... 0 0.00 0.00
Lithium-Ion Battery (LIB)... 0 0.00 0.00
Cenosphere from Fly Ash 0 0.00 0.00
Mosquito Repellent Incens... 0 0.00 0.00
Wool Batching Oil 0 0.00 0.00
Wooden Pencil Manufacturi... 0 0.00 0.00
Red Oxide from Waste Ferr... 0 0.00 0.00
Palmarosa Grass Oil 0 0.00 0.00
Glass Round Balls 0 0.00 0.00
Steel Vacuum Flask 0 0.00 0.00
Dehydration and Pickling ... 0 0.00 0.00
Dried Malted Beverage Foo... 0 0.00 0.00
16 DPA (16-Dehydropregnen... 0 0.00 0.00
Fireworks 0 0.00 0.00
Tomato Products Manufactu... 0 0.00 0.00
Micronutrients for Crop P... 0 0.00 0.00
Talcum Powder 0 0.00 0.00
MS Binding Wires 0 0.00 0.00
PVC Granules & Rigid Pipe... 0 0.00 0.00
Tread Rubber Used for Col... 0 0.00 0.00
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
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