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Aiming to be an unbeaten entrepreneur is not about having ideas that no one has but
about making them happen the way no one has. There’s no dearth of ideas, but one has to
spot the right one. If entrepreneurship and self-employment have been your nancial
dreams, then a hobby or a passion can be converted into an advancing business venture,
provided that you have the correct and accurate business funding and acumen.
New niche products and changing technology are opening up whole new manufacturing
business ideas for startups. From meal kits to bioplastic packaging, consumer demand is
creating exciting opportunities for enterprising manufacturers.
Before investing in a business, check out local demand for your production, typical pricing
as well as competition to be sure that you can create a pro table business model. Your
chances of success will increase if you can get one of your potential customers to act as a
mentor who will help you ne-tune your business plan for your market.
First Steps Toward Industry Startup
Before you start any new business or manufacturing unit, you need to identify your skills
and what kind of businesses you can start and then you need to calculate investments
related to land and building (rented or owned), Cost of Plant and Machinery, Labor Cost,
Raw Material and at-least 2-3 Months Working Capital.
Projects having tremendous demand- Prepared by EIRI, India
We at EIRI has recently identi ed the following most pro table projects (10 Pro table
Industries between 5 Lacs to 10 Lacs) having bright future scope and having tremendous
demand in future.
Need Help? Click Here to Ask
1. Non Woven Fabric Bags
Non-woven bags are usually made out of any biodegradable material. The long and
short bres of an eco-friendly material are pressed together and made into a bag and
this, in turn makes the bag convenient to print on, eco-friendly and appealing to the
eye. Non woven Bags is the need of the time. It is alternate for plastic bags and it has
the following advantages: 1) 100% recyclable 2) Bio-degradable and can burn without
toxic contaminants 3) No PVC coating or water used in manufacturing process 4)
Greater durability means they are more reusable 5) Screen printing available.
In a small budget we can start non woven carry bags unit. No need to invest big
investment. I started the business through online. Avoid using these plastic bags use
only non woven carry bags.
LED tube light could replace for traditional uorescent tubes in the following places
like hotels, hospitals, factories/o ces, commercial complexes conference/ meeting
rooms, schools/colleges/universities, residential/institution buildings. Thus, due to
demand it is a good project for entrepreneurs to invest.
Conventional lighting systems represent mainly incandescent light bulbs and compact
uorescent lights (CFLs).LED lighting system provides advantages over conventional
lighting systems in terms of better energy e ciency, better energy costs, longer
lifetime, less temp. Sensivity, higher light output. This leads them to be better Lighting
substitute and good market prospect. Therefore the market prospect for LED based
Lighting system is good and booming.
Synthetic detergents occupy a vital place in the present age particularly when the
modern society is constantly looking for quick, e ective and economic cleaning
agents. Synthetic detergents emerged as a regular industry after Second World War
only. The development of this industry is closely linked with Petro-chemical industry
which forms the basic for its raw materials. Among the numerous detergent powders
are available today in the market eg. Fena, Hipoline, T.Series, Areal, Surf, Sunlight,
Nirma, Wheel detergent powders and cakes are most popular.
Plastic industry expects to get a great thrust after a gloomy period in the last two
years consecutively. Weakening Rupee value against the US Dollar made the situation
worse. Nevertheless, the tough time is over and the industry expects a turning point
in the forthcoming years. While plastic usage in India was primarily in household
consumer durables, people expected that there will be new areas like health care,
infrastructure, and agriculture demanding for it. Plastic becomes a material of choice
because of its sensational properties and low cost.
BOPP adhesive tape which is quite a recent development in the eld of modern
packaging. Which is rapidly replacing the cello tape due to itsexcellent mechanical,
optical and barrier properties. It is widely accepted forthe decorative, exible packing
operations and has gained a spectrum of popularity. BOPP adhesive tape is a
pressure sensitive self adhesive tape. It is a combination of pressure sensitive
adhesive and BOPP lm. In dry form, it is a aggressively tacky at room temperature
and adheres rmly to even rough surface. BOPP lm is highly resistant to weather,
heat, aerial oxidation and others. That is why it is used for packing purposes. The
pressure sensitive self adhesive BOPP tape has various application in packaging
industry. It has very good properties.
PET bottles are the global number one in beverage packaging. More than 400 billion
plastic bottles come on the market every year and PET is becoming increasingly
valuable as a recyclable raw material used in the production of beverage bottles.
Thus, it is important that all of the production steps applied for the manufacture of
your PET bottles are made sustainable for the future.
Banana is a globally important fruit crop with 97.5 million tones of production.
Banana is one of the major and economically important fruit crop of Maharashtra.
Banana occupy 20% area among the total area under crop in India. Maharashtra
ranks second in area and rst in productivity in India. Jalgaon is a major Banana
growing district in Maharashtra which occupy 50,000 hectares area under Banana. But
most of Banana is grown by planting suckers. The technology development in
agriculture is very fast, it results in developing Tissue Culture Technique.
The need for exercise book still matters even to the business man, health agents,
doctors, nurses and all works of live. Ok, calculate the money spent on exercise books;
think about the number of books you have used and how much you spent on them.
Now think about how rich you could have been if you have the same money paid to
you from thousands of students (not considering other sources of exercise book
consumption).
Absorbent Cotton also known as surgical cotton or cotton wool is mainly Used for
medical purposes in hospitals, nursing homes, Dispensaries etc., because of high uid
absorbency power, it is Better known as absorbent cotton. The absorbent cotton
should be Chemically inert and soft to give maximum protection and should Not
cause irritation. These properties can be achieved by Manufacturing the product as
per standard method of manufacture.
If you need any help in creating project report or need any detail related to starting new
industry, please contact me
BANKABLE PROJECT REPORT
Before you start any industry, you need to get project report prepared. Readers who do not
know about project report, let me explain - A Project Report is a document which provides
details on the overall picture of the proposed business. The project report gives an account
of the project proposal to ascertain the prospects of the proposed plan/activity.
Project Report is a written document relating to any investment. It contains data on the
basis of which the project has been appraised and found feasible. It consists of information
on economic, technical, nancial, managerial and production aspects. It enables the
entrepreneur to know the inputs and helps him to obtain loans from banks or nancial
Institutions.
The project report contains detailed information about Land and buildings required,
Manufacturing Capacity per annum, Manufacturing Process, Machinery & equipment along
with their prices and speci cations, Requirements of raw materials, Requirements of Power
& Water, Manpower needs, Marketing Cost of the project, production, nancial analyses
and economic viability of the project.
Below are few mandatory details you should include in your project report:
Report provides a comprehensive analysis from industry covering detailed reporting and
evaluates the position of the industry by providing insights to the SWOT analysis of the
industry.
Report should include:
1. Plant Capacity,
2. requirement of Land & Building,
3. Plant & Machinery,
4. Flow Sheet Diagram,
5. Raw Materials detail with suppliers list,
6. Total Capital Investment along with detailed calculation on Rate of Return,
7. Break-Even Analysis and
8. Pro tability Analysis.
The report should also provides a bird's eye view of the global industry with details on
projected market size and then progresses to evaluate the industry in detail.
I hope this help, please keep me posted if you have any query related to industry startup or
need any suggestions.
Thank You
Sudhir Gupta
CEO, Engineers India Research Institute
New Delhi, India
Website: https://www.eiriindia.org/
Need Help? Click Here to Ask
Email: contact@projectreports.eiriindia.org
Phone: (+91)9811437895, (+91)9811151047
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