Business Ideas for Entrepreneurship

Business Ideas for Entrepreneurship

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Business Ideas for Entrepreneurship. Profitable Industries for MSME Sector

Over last 5 decades MSME sector emerged as extremely effervescent and vigorous segment of Indian economy.  MSME plays dual role of providing employment and industrialization of rural/backward areas, thereby reducing regional imbalance and equitable distribution of national income.  MSME’s are harmonizing to large industries as supplementary units, which adds to socio economic development. It consists of 36 million units, providing employment over 80 million persons with 8% contribution to GDP.

Leading industries of MSME sector:

Ø  Retail trade (except of motor vehicle & motor cycles) and Repairs of personal and household goods – 39.85%

Ø  Manufacturing of wearing apparels- 8.75%

Ø  Manufacturers of foods and beverages-6.94%

Ø  Other services activities -6.2%, other business activities – 3.77%

Ø  Hotels and restuarents-3.64%

Ø  Sales maintenance of motor vehicles and cycles – 3.57%

Ø  Furniture manufacturing -3.21%, Textile -2.33%

Ø  Fabricated metals except machinery and equipment-2.33% and others 19.4%.  Three sub sectors demonstrates promising picture: food processing- high potential because of agro linkage, textiles-innovation, and electronics- linkage with ITES.

Though MSME total working enterprises, employment and market value of fixed assets grown at CAGR of 4.39%, 4.75% and 6.64% respectively, the contribution from manufacturing and service sector MSME contribution to GDP is -1.53% and 1.82% respectively. Though government has taken measure to improve the productivity, over last 7 years the MSME contribution to GDP has not increased to acceptable level. It is suggested that government has to adopt integrated policy, providing sound data with efficient governance, promote skill development to increase productivity and providing accessible credit through government sponsored agency exclusively to MSME is essential to increase productivity and contribution to economic growth.

 

List of Few Business Ideas that will really help you out:

Screen Printing

Screen printing is a printing technique whereby a mesh is used to transfer ink onto a substrate, except in areas made impermeable to the ink by a blocking stencil. A blade or squeegee is moved across the screen to fill the open mesh apertures with ink, and a reverse stroke then causes the screen to touch the substrate momentarily along a line of contact. This causes the ink to wet the substrate and be pulled out of the mesh apertures as the screen springs back after the blade has passed. Screen printing is also a stencil method of print making in which a design is imposed on a screen of polyester or other fine mesh, with blank areas coated with an impermeable substance. Ink is forced into the mesh openings by the fill blade or squeegee and by wetting the substrate, transferred onto the printing surface during the squeegee stroke. As the screen rebounds away from the substrate the ink remains on the substrate.

Screen T-shirt printing machines are being increasingly used to print T-shirts, having same design, in bulk to meet rising demand from large companies, NGOs, and communities etc. in Asia Pacific. As a result, spending on screen T-shirt printing machines is projected to increase by vendors, particularly focusing on providing low-cost customized T-shirts to their customers.

The t-shirt printing machines is highly fragmented with large number of local players in each regional market. Some major players in the global custom t-shirt printing market are Brother International Corporation, Seiko Epson Corporation, ColDesi, Inc, Kornit Digital, the M&R Companies, Mimaki Global, Anajet, Konica Minolta, Inc., Mutoh Belgium nv, Mciroscreen Production Pte. Ltd, KP Tech Machine Pvt. Ltd and several others.

Advertisement Agency

An advertising agency, often referred to as a creative agency, is a business dedicated to creating, planning, and handling advertising and sometimes other forms of promotion and marketing for its clients. An advertising agency, often referred to as a creative agency, is a business dedicated to creating, planning, and handling advertising and sometimes other forms of promotion and marketing for its clients. An ad agency is generally independent from the client; it may be an internal department or agency that provides an outside point of view to the effort of selling the client’s products or services, or an outside firm. An agency can also handle overall marketing and branding strategies promotions for its clients, which may include sales as well. The Indian advertising industry has evolved from being a small-scaled business to a full-fledged industry. The advertising industry is projected to be the second fastest growing advertising market in Asia after China.

India’s digital advertisement market is expected to grow at a compound annual growth rate (CAGR) of 33.5 per cent to cross the Rs. 25,500 crore (US$ 3.8 billion) mark by 2020.*

The Internet’s share in total advertising revenue is anticipated to grow twofold from eight per cent in 2013 to 16 per cent in 2018. Online advertising, which was estimated at Rs. 2,900 crore (US$ 435 million) in 2013, could jump threefold to Rs. 10,000 crore (US$ 1.5 billion) in five years, increasing at a compound annual rate of 28 per cent.

Soya Milk from Soyabean

Soy beans have been used for human nutrition for more than 5000 years and soy milk has been known in China for at least 2000 years. Today, soy beans are an important source of protein and oil in human nutrition, especially in Asia. In other parts of the world, soy based foods are consumed merely due to its healthy image. Soy milk is a water extract from whole soy beans. It is an emulsion containing water soluble proteins, carbohydrate and oil droplets. Soy milk was traditional produced in small shops where the soy beans were soaked, grinded, filtered and cooked. These products have a short shelf life. However, today’s consumers, and the modern lifestyle, request products with a longer shelf-life and which remain safe and stable during the complete storage period.  Within soy products an increasing consumption around the world is seen in soy products resembling dairy products like for instance milk, yoghurt and ice cream. These products also make up valuable alternative for people allergic to cow’s milk.

The soy beverages market can be segmented into soy milk and yogurt smoothies. Soy-based yogurt smoothies are low-fat and do not contain lactose. Additionally, soy milk provides complete protein nutrition when compared to other types of milk available in the market. India has the second highest projected growth rate after Japan in the Asia-Pacific region.

Neon Bulb

A neon lamp (also neon glow lamp) is a miniature gas discharge lamp. The lamp typically consists of a small glass capsule that contains a mixture of neon and other gases at a low pressure and two electrodes (an anode and a cathode). Neon lamps are gas discharge lamps that contain neon gas at a low pressure, enveloped in a glass capsule. Gas discharge lamps emit light when electric light is passed through the gas. Neon lamps have been used widely in neon sign boards. They provide a distinct orange glow. Neon lamps contain either neon gas or a mixture of neon and mercury vapor. They were developed in the year 1917 by Daniel Moore. Colors other than orange can be obtained from neon lamps by using different phosphors for coating the glass tube.

World demand for lighting is projected to climb more than 12 percent annually through 2016 to $78.3 billion. Sales will be driven in general by an acceleration in economic activity, personal income, global motor vehicle output, and construction spending.

Ice Making Plant

Water when made into a solid mass by the application of cooling is known as ice. It is one of the essential medium for short-term preservation of highly perishable commodities such as marine foods, fresh meat and poultry products, dairy products and fruit and vegetables. These goods can be stored for about 2 to 3 days with ice. This fact facilitate the transportation of these foods to the consumer market. Ice is also used in the chemical, pharmaceutical, canning and freezing industries. Besides, it is being used for children and serving synthetic or fruit beverages, Jellies, etc.

The term ice plant is used in this note to mean a complete installation for the production and storage of ice, including the icemaker itself that is the unit that converts water into ice together with the associated refrigeration machinery, harvesting and storage equipment, and the building.

Ice plants are usually classified by the type of ice they produce; hence there are block ice plants, flake ice plants, tube, and slice or plate ice plants and so on. Ice plants may be further subdivided into those that make dry or wet ice. Dry ice here means ice at a temperature low enough to prevent the particles becoming moist; the term does not refer in this note to solid carbon dioxide. In general, dry subcooled ice is made in plants that mechanically remove the ice from the cooling surface; most flake ice plants are of this type. When the cooling surface of an icemaker is warmed by a defrost mechanism to release the ice, the surface of the ice is wet and, unless the ice is then subcooled below 0°C, remains wet in storage; tube ice and plate ice plants are of this type.

The global ice maker market will grow steadily during the next four years and post a CAGR of more than 8% by 2021. The increasing demand for ice makers in the healthcare industry as one of the primary growth factors for this market. The healthcare industry increasingly uses ice maker machines for various critical applications such as storing organs and for rehabilitation procedures. Additionally, a number of biochemistry, microbiology, biotechnology, and genetic engineering laboratories also have a constant need for ice to store biological samples and warrant transportation to other facilities. Moreover, the rising popularity s that is mainly used in the treatment and healing of various sports injuries, will also increases the demand for ice for ice bath and massage, in turn, fueling the demand for ice making machines.

Pineapple Slice Canning

Canned pineapple is the product (a) prepared from fresh, frozen, or previously canned, mature pineapple, conforming to the characteristics of Ananas comosus (L) Merr. (Ananas sativus (L) Lindl.) and from which peel and core have been removed,  packed with water or other suitable liquid medium; it may be packed with nutritive sweeteners, seasonings, or other ingredients appropriate to the product; and processed by heat in an appropriate manner before or after being sealed in a container, so as to prevent spoilage.

Total annual world production is estimated at 14.6 million tonnes of fruits. India is the fifth largest producer of pineapple with an annual output of about 1.2 million tonnes.

Chrome Plating

Chrome plating (less commonly chromium plating), often referred to simply as chrome, is a technique of electroplating a thin layer of chromium onto a metal object. The chromed layer can be decorative, provide corrosion resistance, ease cleaning procedures, or increase surface hardness. Sometimes, a less expensive imitator of chrome may be used for aesthetic purposes. Chrome plating is more reflective (brighter), bluer (less pale, grayish, or yellowish), and more specular (the reflection is deeper, less distorted, more like a mirror) than other finishes. Chrome Plating is an electrolytic process utilizing a chromic acid based electrolyte. The part is made the cathode and, with the passage of a DC current via lead anodes, chromium metal builds on the component surface.

Increasing demand from the passenger vehicle segment on account of easy availability of credit facilities is expected to fuel industry growth. This in-turn is expected to increase the demand for chroming for various interior and exterior automobile components. Also, the chromium is widely used for various two wheeler component as it improves the aesthetics and also possess properties such as corrosion resistance, and wear resistance. Chromium plating process involves different steps which include degreasing, cleaning dirt & impurities, different types of pretreatment varying according to substrate material. However, stringent environmental regulations are expected to pose a challenge to the industry growth over the next nine years.

Brass and Aluminium Hinges

Brass is a metallic alloy that is made of copper and zinc. The proportions of zinc and copper can vary to create different types of brass alloys with varying mechanical and electrical properties. Aluminum Hinge comes in various sizes to fold and clip for different types of door panels used in more. The product is designed utilizing the finest grade aluminum and other allied material as per the global standards.

Stainless Steel Cutlery

Stainless steel Spoons, Forks and Stainless steel knives are very commonly used items in households and restaurants. The usage of these items were restricted to a few hotels in the past. But, now a days these items are used in almost all hotels. With the growth of standard of living the consumption of these are increasing day by day. The number of households in the country is increasing with the increase in population of the country and there is a heavy backlog housing shortages to be fulfilled. This will boost up the demand for stainless steel spoons used in households. Besides this there is separate demand for spoons, forks and knives from hotel and restaurant sector. The number of hotels and eating houses in the country has been increasing with the increase in hotels tourist activities and general standard of living.

The global cutlery market is expected to increase on account of several factors such as increasing number of household, growing property market, and rising disposable income. Analysts at Beige Market Intelligence expect that the global cutlery market to grow at a CAGR close to 6.7% during the period 2016–2022.

Ammonia Paper (Blue) Print

There is good demand and need for ammonia (blue) prints in any part of the country, since there is a very good rapid growth of construction activity. Before commencing of the construction work, the plans will be approved by Panchayat Municipality. For getting approvals of the plan, individuals/organisations require a number of copies. Even after approval also number of copies are required for obtaining financial assistance/electrical supply and water supply) connections, etc. the copies of plan can be obtained by Ammonia (Blue) print process.

Barium Compounds

Barium compounds are those chemical compounds which contain the element barium. For an alternative listing of barium compounds. Compounds of barium, especially barite (BaSO4), are critical to the petroleum industry. Barite is used as a weighting agent in drilling new oil wells. A weighting agent is a material that adds body to petroleum.

Barium is being increasingly used in various industries due to its high level of chemical reactivity. Some of the commonly used derivatives of barium are barium nitrate, barium oxide, barium sulfate, barium titanate, barium chloride, and barium carbonate. Among these, barium sulfate is massively popular and highly acknowledged for not having hazardous effects on humans as well as the environment. It is widely used in the manufacturing of polystyrene and polypropylene and thus, the soaring demand for these compounds in the packaging industry is stoking the growth of the global market for barium sulfate.

Gravure Printing Cylinders

A gravure cylinder comprises a (typically) steel cylinder base, or an underlying metal structure that supports the engraved image-carrying layer. There are two primary types of cylinder bases: sleeve cylinders and shaft cylinders. A sleeve cylinder differs from a shaft cylinder in that it needs to have shafts attached prior to installing it on the press, whereas a shaft cylinder, as its name indicates, comes with shafts attached. The disadvantages of a sleeve cylinder include the fact that different shafts (with their own peculiar inaccuracies) are used during different stages of production—engraving, preparing, and printing—which create inaccuracies in the engraved image and, ultimately, in the printed image. Shaft cylinders, utilizing the same shafts at each stage of production, are remarkably accurate and, not surprisingly, are the most widely-used cylinder bases.

Rubber Belting (V – Belts)

A belt is a loop of flexible material used to link two or more rotating shafts mechanically, most often parallel. Belts may be used as a source of motion, to transmit power efficiently or to track relative movement. Belts are looped over pulleys and may have a twist between the pulleys, and the shafts need not be parallel.

Mosquito Repellent Oil

An insect repellent is a substance applied to skin, clothing, or other surfaces which discourages insects from landing or climbing on that surface. Insect repellents help prevent and control the outbreak of insect-borne diseases such as malaria, Lyme disease, dengue fever, bubonic plague, and river blindness and West Nile fever. Pest animals commonly serving as vectors for disease include insects such as flea, fly, and mosquito.

Pectin from Raw Papaya

Pectin is a structural heteropolysaccharide contained in the primary cell walls of terrestrial plants. It was first isolated and described in 1825 by Henri Braconnot. It is produced commercially as a white to light brown powder, mainly extracted from citrus fruits, and is used in food as a gelling agent, particularly in jams and jellies. It is also used in dessert fillings, medicines, sweets, as a stabilizer in fruit juices and milk drinks, and as a source of dietary fiber.

Pectin is a type of polysaccharide fiber found in the cell walls of plants, specifically in the leaves, roots and fruits. Its main purpose is to bind plant cells together. Pectin is also used in foods to enhance absorption and add fiber to your diet. It’s typically employed as a thickening agent for foods that need to gel or thicken, such as jams and jellies. Lastly, pectin can also be utilized as a fat substitute in some baked goods.

 

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15 Best Manufacturing Business Ideas

15 Best Manufacturing Business Ideas

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15 Best Manufacturing Business Ideas. Innovative Industries that will Really Boom in 2018 

Small and Medium Enterprises (SMEs) are crucial for the economic growth and stability of any country and play a vital role especially for developing countries as they facilitate economic activity and provide employment thus contributing to poverty reduction. In the Indian context they can be considered as the backbone of national economy.

Small and Medium Enterprises (SMEs) contribute to economic development in various ways such as creating employment opportunities for rural and urban population, providing goods & services at affordable costs by offering innovative solutions and sustainable development to the economy as a whole. SMEs in India face a number of problems – absence of adequate and timely banking finance, non-availability of suitable technology, ineffective marketing due to limited resources and non-availability of skilled manpower. The Micro, Small and Medium Enterprises (MSME) sector contributes significantly to manufacturing output, employment and exports of the country. It is estimated that in terms of value, the sector accounts for about 45 % of the manufacturing output and 40% of total exports of the country.

Indian Micro Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. SMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural areas. MSMEs are complementary to large industries as ancillary units and this sector contributes enormously to the socio-economic development of the country. The Sector consisting of 36 million units, as of today, provides employment to over 80 million persons. The Sector through more than 6,000 products contributes about 8% to GDP besides 45% to the total manufacturing output and 40% to the exports from the country. The MSME sector has the potential to spread industrial growth across the country and can be a major partner in the process of inclusive growth.

Self-Employment Ideas you can start a Business with Small and Medium Investment:

Acid Washed Granulated Activated Carbon

The activated carbon is produced for use in ultra-pure water treatment systems requiring low conductivity and exceptionally high purity.  This activated carbon is also specifically designed for the removal of heavy hydrocarbons from recovered condensate. The acid washing process removes soluble silica from the matrix of the activated carbon to prevent leaching into the condensate.

Some of the benefits of Acid Wash carbon include Dechlorination of water, better taste, removal of bad odors, removal of color from water, removal of organic substances, etc.  Acid wash carbon has extensive internal structure, neutral surface, maximum hardness, extended operational life, high volume activity, and rapid pH stabilization.

Acid wash carbon is used in various applications such as Condensate de-oiling, semiconductor process water, dialysis treatment, point of entry treatment units, and protection of reverse osmosis membranes from chlorine and organic fouling.

Activated carbon is used in various industries for air purification, groundwater remediation, spill cleanup and drinking water filtration. Governments across the globe are offering subsidies for water as well as air purification. These grants coupled with rapid industrialization particularly in regions such as Asia Pacific is forecasted to benefit the overall global market growth.

Activated carbon used in liquid phase accounted for 52% of the overall market. The product aids in the removal of VOCs and chlorine from drinking water. They also assist in the removal of dissolved radon, lead, and odor-causing compounds.

Activated carbon, due to its effectiveness in removing impurities, is widely used in water and wastewater treatment. Governments across the globe are investing heavily in water treatment plants to provide their citizens, proper access to clean water. China has invested over USD 4.5 billion in improving the clean water supply.

Dehydration of Lime Fruit, Dried Lemon, Dry Lemon and Dehydrated Fruit

Drying or dehydration is a process through which moisture or water content is removed from the food. Removing of water content from food makes them lighter and smaller. It helps in preservation of food for longer period of time. Dehydrated food do not require any refrigeration while preserving at home or at the time of consumption. Moreover, dehydrated food is ideal for preserving seasonal fruits and vegetables. Dehydrated food offer high nutritional value, easy storage properties and availability at low price, which is driving the demand of dehydrate food across the globe.

Dehydrated food market can be segmented on the basis of technology which includes spray dried, freeze dried, vacuum dried, sun dried, hot air dried and others. Traditionally among all these segments sun dried process of dehydration was the major segment in terms of usage by food manufacturers followed by hot air dried process. However due to the introduction of new technology spray dried is expected to account for largest share in terms of market revenue contribution, followed by freeze dried during the forecast period. Vacuum dried segment is expected to show a consistent growth as compared to others. Limited usage in food products is expected to be the restraining factor for the growth of vacuum dried technology in dehydrated food market in the near future.

The Dried Fruit and Vegetable Production industry has recovered steadily over the past years. Producers benefited from improving economic conditions, as well as shifting consumer preferences. As the economy continued to strengthen, renewed consumer spending helped boost demand for fruit bars, vegetable chips and other mixed snack foods that include dried fruit and vegetable inputs.

Ferric Chloride Solution

The ferric chloride test is a traditional colorimetric test for phenols, which uses a 1% iron (III) chloride solution that has been neutralised with sodium hydroxide until a slight precipitate of FeO (OH) is formed. The mixture is filtered before use. Ferric chloride solution is a colorless to light brown aqueous solution that has a faint hydrochloric acid odor. Highly corrosive to most metals and probably corrosive to tissue. Noncombustible. Used in sewage treatment and water purification.

Ferric chloride is a brownish liquid which has a pungent odor which is similar to that of hydrochloric acid. It also exists in solid lump form or in anhydrous powder form. Ferric Chloride or Iron (III) Chloride is used as a flocking agent in drinking water and waste water treatment in various industries. When small amount of ferric chloride is added in water, ferric hydroxide precipitates and absorbs the suspended impurities. Ferric chloride is generally used as a concentrated solution with minimum concentration of 40% w/w. Moreover in few industrial applications, ferric chloride is also used in crystalline solid form. Aqueous ferric chloride solution is acidic in nature and corrosive to most metals. Ferric chloride is most commonly produced from chlorine gas and pickling liquors. Moreover, ferric chloride produced as a byproduct of manufacturing titanium dioxide is also used in many industries.

Consumption in the United States is forecast to grow at 1.3% annually during 2016-21. Ferric chloride producers tend to have a regional, rather than a national outlook, because transportation costs are significant. More than 80% of all ferric chloride is sold in municipal bids, with 53% sold for municipal wastewater applications, and 37% for potable water treatment applications. Industrial water treatment applications account for 6% of consumption, with the remaining 5% sold in NonWater treatment applications, such as electronic and photographic etchants, metal surface treatment, and as a catalyst. Much of the etchant activity has moved to Asia.

Sindoor, Roli, Bindi & Gulal

Sindoor is an orange/red colored powder used by the Hindu community for religious and cultural purposes. Married women may wear sindoor in the part of their hair to indicate marriage status. Women may also w ear sindoor as a dot or “bindi” on their foreheads for cosmetic purposes, or, along with men, may wear it for religious purposes. The red colour is connected with rajas, one of the three constituents of prakriti (nature) that is sattva, rajas and tamas. These three constituents of prakriti represent goodness, passion and darkness. Each of these is represented by a colour. White colour is for goodness, red is for passion and black is for darkness and ignorance. These three constituents of prakriti are described in Sankhya philosophy of Hindu religion. The red colour of bindi or sindoor represents the passionate aspect of prakriti. The red implies also love, fertility and strength. Sindoor (vermilion) is sublimed mercuric sulfide and is a brilliant red pigment.

Bindi originally is a round mark on the foreheads of Hindu females. Bindi is derived from the Sanskrit word bindu meaning dot or drop. Making a mark on the forehead is a very old tradition among Hindu men and women. The old name for this mark is tilaka. Tilaka is made with coloured earth, ashes of yajna (the fire offering), sandalwood paste or unguent. The term tika or tikka is a distorted form of the term tilaka. The positioning of the bindi in between the eyes is significant. According to the Indian sages, the area between the eyebrows is the seat of latent wisdom. This point between the eyes, known by various names such as Ajna Chakra, Spiritual Eye, and Third Eye, is said to be the major nerve center in the uman body. In the Kundalini yoga and Tantric tradition during meditation, the “kundalini” – the latent energy that lies at the base of the spine is awakened and rises to the point of sahasrara (7th chakra) situated in the head or brain. The central point, the bindu, becomes therefore a possible outlet for this potent energy.

Gulal also known as Abeer is the traditional name given to the coloured powders used for the typical Hindu rituals, in particular for the Holi festival. During this festival, which celebrates love and equality, people throw these powder solutions at each other while singing and dancing. Abeer’ is made of small crystals or paper like chips of mica. This is usually mixed with the gulal to give it a rich shine. These colors can be used dry, or mixed with water. Colored powder (Gulal) is bought and prepared, long syringes called ‘pichkaris’ are made ready and water balloons are bought and filled. Gulal powder has always had an important role in Hindu culture and has always been used for religious purposes.

Hybrid Seed Production, Biotech & Export (Floriculture with Green House)

The development of hybrid varieties is most important achievement of application of genetics in crop improvement. In the coming years biotechnological tools have to play very crucial role in various ways including development of specific parental lines or hybrids in vegetables. Role of biotechnological tools like micropropagation, molecular markers, another culture, cybridization, induced male sterility and transgenics in the production of specific parental lines or hybrids in vegetables. Micropropagation can be used for maintenance of male sterile lines either controlled by recessive genes (tomato, muskmelon, chilli) or dominant genes (cabbage); maintenance of self-incompatible lines in cole crops and maintenance of hybrids as such through tissue culture. Another culture techniques can be utilized for development of self-incompatible lines in cole vegetables and also to develop inbred lines in cross-pollinated vegetables. Cybridization is used for single step transfer of cytoplasmic male sterility from potato to tomato by protoplast fusion and generation of noval cybrids in tomato. Induction of male sterility by the use of ‘BarnaseBarstar’ systerm of hybrids seed production, is universally applicable for economic hybrid seed production especially in those vegetable crops where male sterility is not available (e.g. okw).Genetic transformation techniques can be used for trait specific transgenic parental lines for hybrids.

Hybrid seeds market is growing at an incremental pace globally. Hybrid seeds are developed after cross pollination among different varieties of same plants. Cross pollination involves transferring the pollen from male to female. The hybrid seeds will produce similar plants, however the next generation seeds from the hybrids could differ in their characteristics. Hybrid seeds have specific characteristics such as pest and disease resistant, can adopt to environmental changes, and helps in enhancing crop productivity.

Clonal propagation and open pollination are alternatives to hybridization. Increase in usage of hybrid seeds with several advanced traits, such as pelleting & seed coatings, biological & mechanical innovations related to farms, an introduction of enhanced hybrid seed varieties, and decline in arable land, and diversification of diets are major factors that drive the market growth globally. Global population is estimated to reach 9 billion by 2050, and is expected to require twice the food, which could be produced from constant land area. More production is anticipated to be accomplished from less land only by using the combination of quality seeds, quality inputs, and enhancing farm practices. Increasing demand for foods owing to rapidly rising global population is one of the major factor fuelling the demand for the product. The land resource is limited and is shrinking over the years, thereby necessitating adoption of methods to enhance crop productivity. Usage of hybrid seeds is considered to be one of the effective method for augmenting crop production.

Auto Lamps (Auto Tail Lights)

Automatic headlamps are a modern convenience in many of today’s cars. They eliminate the need for the driver to manually switch on or off the headlamps in most driving situations. The names of the automatic headlamp option differ between car manufacturers, but they perform the same service for the driver. A tail light or a tail lamp is the part of the lighting system of a vehicle which is attached in front and at the rear part of the vehicle. They usually come in pairs (left and right). It has different types for different functions.

The signal lights, or turn lights, are parts of the tail lamp assembly. Usually yellow in color because of regulatory standards, these indicate whether the vehicle is going to turn right or left. They are also used during times of emergency. The reverse lights are also parts of the tail lamp assembly to indicate if the vehicle is backing up. The reverse lights automatically turn on when the driver puts the vehicle in reverse shift. These lights often have the highest illumination in the tail lamp assembly but not as bright as the head lights.

India Automotive Lighting Market is expected to garner $3.1 billion by 2022, registering a CAGR of 5.6% from 2016-2022. Lighting is a vital component in automotive vehicles, playing an important role in automotive safety. The vehicle consists of different lights to increase the visibility in darkness and bad weather conditions along with the increase in conspicuity. The lighting system comprises lighting and signaling devices, which are placed at different locations such as front, rear, side, and interiors. Lighting provides illumination for the driver and helps other vehicle drivers and pedestrians on the road to detect the vehicle’s position, direction of movement, and size. It also enhances the aesthetic looks to both interior and exterior parts of the vehicle. The global automotive coatings market is projected to witness a CAGR of 6.31% during the forecast period to reach a total market size of US$21.006 billion by 2023, increasing from US$14.551 billion in 2017. Automotive coating enhances the appearance and durability of automotive and protecting from the harsh environmental condition including acid rain and extreme temperature. Increasing automobile production on account of population growth and rising income levels is expected to aid in market expansion.

Piston Rings for IC Engines (Cast Iron)

A piston ring is an expandable split ring used to provide a seal between the piston and the cylinder wall. Piston rings are commonly made from cast iron. Cast iron retains the integrity of its original shape under heat, load, and other dynamic forces. The piston rings, which are also called as comparison rings are fit closely in the grooves provided in the piston. These rings are worn out before the wearing of the piston and cylinder wall. These rings form an effective seal and at the same time transmit heat from crown to the cylinder walls. Hence keep the temperature within the workable limit. There should be at least two piston rings in each piston of an internal combustion engine. For the higher capacity engines, there are four or even six piston rings have been used. The number of rings is depending upon the capacity and size of the I. C. Engine. In order to achieve the effective seal against lube oil and high-pressure gases leakage, a great pressure must be exerted, by each ring on the cylinder walls.

Piston assembly is a heart of the IC engine. The piston assembly is composed of five basic components which are piston, piston rings, gudgeon pin, connecting rod and bearings. The piston in general is casted out of aluminium alloys and has the responsibility of take all rigorous forces. The piston is connected to crank through connecting rod pivoting around the gudgeon pin. The piston rings are split rings assembled into the grooves on the outer diameter of the piston. The piston rings is a combination of three rings serving specific purpose in running engine. The top most groove ring is known as compression ring or pressure ring which provide sealing above the piston and prevents the gas leakage from the combustion side. The second or intermediate ring act as lubrication control ring and provides enough lubrication to the compression ring and prevent scuffing. The third ring is known as oil ring or oil control ring, these rings controls the amount of lubricating oil passing up or down the cylinder walls. Also, the piston rings act as a medium to transfer heat generated while combustion and provide overall support to the piston in the cylinder.

There are over 1.5 billion on road vehicles around the world which creates substantial aftermarket opportunities for the piston rings manufacturers. Also, over 110 million vehicle are produced annually among which over 70% are equipped with multi cylinder engines. The global automotive market is growth at a pace ranging between 3.5% – 4.5% annually. Growing automotive sales coupled with growth in population and affordability is anticipated to play a key role in the growth of global piston rings market. Also, piston rings are among the essential components which have the direct influence on the vehicle performance, engine power and efficiency, hence required frequent monitoring as they contribute to around 24% over all friction generated in the engine.

Auto Head Light

A headlamp is a lamp attached to the front of a vehicle to light the road ahead. While it is common for the term headlight to be used interchangeably in informal discussion, headlamp is the term for the device itself, while headlight properly refers to the beam of light produced and distributed by the device. Automatic headlamps are a modern convenience in many of today’s cars. They eliminate the need for the driver to manually switch on or off the headlamps in most driving situations. The names of the automatic headlamp option differ between car manufacturers, but they perform the same service for the driver. Their secondary features set one automatic headlamp option apart from the others. Basic automatic headlights work through sensors which detect how much light is there outside. These sensors are located on the dash of the vehicle mostly. The headlights turn on when the sensors detect a certain level of darkness (darkness means the level of light).

The global automotive lighting market size was valued at USD 19.64 billion in 2014. Increasing production and sales of commercial vehicles across the globe are estimated to drive the demand over the forecast period. Technological advancements stimulating by rising concerns about vehicle safety and stringent government regulations are further expected to spur the demand. Additionally, growing population and increasing the purchasing power of consumers across the developing countries are projected to offer lucrative opportunities over the forecast period.

Solder Wire & Flux

Solder wire is an alloy used in the electronics industry for soldering electronic components onto the printed circuit board or two pieces of metal. Solder can be leaded (Sn/Pb) or lead-free (with no lead). Both leaded and lead-free solder can be either flux cored (with flux in the core of the wire) or solid (with no flux in the core.) Solder flux is a kind of chemical used by electronic companies to clean surfaces of PCB before soldering electronic components onto the board. The main function of using flux in any circuit board assembly or rework is to clean and remove any oxide from the board prior to soldering. Solder flux helps to deoxidize metals (copper tracks on the PCB and leads of electronic components) and helps better soldering and wetting. In metallurgy, a flux (derived from Latin fluxus meaning “flow”) is a chemical cleaning agent, flowing agent, or purifying agent. Fluxes may have more than one function at a time. They are used in both extractive metallurgy and metal joining.

When solder melts and forms a joint between two metal surfaces, it actually forms a metallurgical bond by chemically reacting with the other metal surfaces. A good bond requires two things, a solder that is metallurgically compatible with the metals being bonded and good metal surfaces, free of oxides, dust, and grime that prevent good bonding. Grime and dust can easily be removed by cleaning or prevented with good storage techniques. Oxides, on the other hand need another approach.

The Solder Wire market is expected to increase due to growth in GDP per-capita, international tourism, etc. The global Solder Wire market is expected to grow at a healthy rate during the forecast period (2018-2023). The growth is expected on account of many factors, such as an increase in disposable income, increasing international inbound and outbound tourism and aging demography. Global solder wire market is anticipated to grow at a CAGR of 5.6% by 2023. Global Solder Wires Market 2018 analyses the crucial factors of the Solder Wires market based on present industry situations, market demands, business strategies adopted by Solder Wires market players and their growth scenario.

Metal paste is mainly used to fill the dent over any metallic and solid surface and also for fixations of granites and other allied industries. Ready-to-use metal repair putty, dent filler and patching compound. Durable metal filler for fast, permanent repairs. A unique, quality problem-solver, Lab-metal ready-to-use repair compound spreads like paste and hardens quickly into metal. A metal paste, in which a filler mainly composed of metal is mixed with good dispersibility, is manufactured with good productivity at a low cost without generating a foil of the metal. A paste-like material (referred to as a paste material hereafter) containing a metal filler is fed into a gap between a pair of rotating whetstones which are relatively rotated while facing with each other having a specified gap there between, to pass and discharge therein. The paste material is thus kneaded and dispersed. In addition, the paste material is kneaded and dispersed by suppressing the generation of a metal foil, adjusting the gap to a specified interval dg and feeding the paste material into the interval while applying thereon a predetermined positive pressure and/or negative pressure.

Wheat Germ Oil

Wheat Germ Oil is extracted from the germ of the Wheat kernel, which makes up only 2- 3% by weight of the kernel. It is a Refined Vegetable Oil that contains a high level of natural vitamin E which is a natural antioxidant, and high levels of unsaponifiable fraction. Its fatty acid composition supplies a high content of essential fatty acid that promotes the regeneration of cells. Wheat germ oil is particularly high in octacosanol – a long- chain saturated primary alcohol found in a number of different vegetable waxes. Wheat germ oil is an ideal ingredient that is easily incorporated in all kinds of cosmetics from rinse-off to leave-on products. A great choice for dry, mature skin, keeps skin supple during pregnancy. Ideal for overall body care, and especially beneficial for moisturizing, rejuvenating and protecting dry and mature skin.

The global wheat germ oil market major driving factors are increasing demand of wheat germ oil in cosmetics industry for skincare products coupled with rising number of wheat germ oil based dietary supplements are expected to significantly increase the revenue contribution of the global wheat germ oil market over the forecast period. Many consumers are using wheat germ oil in cooking as it is easily available and affordable. Wheat germ oil is mainly used in medicinal supplements as it lowers blood pressure and cholesterol levels. Wheat germ oil contains essential fatty acids that are necessary for cell regeneration and helps in maintaining immune system of the body. Hence, the global Wheat Germ Oil market is expected to observe robust growth over the forecast period.

Carbon Brushes

A carbon brush, also known as a motor brush, is the small part of the motor that conducts electrical current between the stationary wires (stator) and the rotating wires (rotor) of a motor or generator. The brush is typically made up of one or more carbon blocks and can come with one or more shunts or terminals. A motor generally contains more than one carbon brush to conduct electrical current. The brushes are categorized into five brush-grade families, each of which is suited for different kinds of motors and applications. A carbon brush has three operating parameters: mechanical, electrical, and physical/chemical.

Carbon Brush market is expected to register a steady year-on-year growth throughout the forecast period. The steady economic growth in developing regions of the globe, especially of the countries in Asia Pacific region coupled with steady industrial growth in these regions is expected to in turn fuel the demand for carbon brushes during the forecast period. Moreover, growth of global carbon brush market is expected to be driven primarily by the growth in demand for these from automotive industry. Also, another major application segment where these carbon brushes are used is household appliances, as such, the growth in demand for household appliances is likely to translate into growth in demand for carbon brushes during the forecast period.

Electric Arc Furnace

An electric arc furnace (EAF) is a furnace that heats charged material by means of an electric arc. Industrial arc furnaces range in size from small units of approximately one ton capacity (used in foundries for producing cast iron products) up to about 400 ton units used for secondary steelmaking. Electric Arc Furnace means an extremely hot enclosed space, where heat is produced by means of electrical arcing for melting certain metals such as scrap steel without changing electro-chemical properties of the metal. Electric arc is produced between the electrodes. This electric arc is used for melting the metal. The arc furnaces are used to produce mini steel structural bars and steel rods. The electric furnace is in form of a vertical vessel of fire brick. There are mainly two types of electric furnaces. They are alternating current (AC) and direct current (DC) operated electric furnaces.

The Global Electric Arc Furnaces Industry focuses on global major leading industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. The Electric Arc Furnaces market is based on a calculative measure that is considered in the collation and evaluation of the information required for Electric Arc Furnaces market projections. It focuses on end number of technics and procedures used in the Electric Arc Furnaces market management process. As well, it identifies the requirement of information essential in the competitive market of Electric Arc Furnaces to remain updated in the changing world, which helps the decision makers to glance at the Electric Arc Furnaces market situation and thereby consider the points that can enhance the market profitability, global Electric Arc Furnaces market stability, and market development.  The global Electric Arc Furnaces market and offers market volume (US$ million) and CAGR over the forecast period 2018 to 2023 taking into account 2017 as the base year.

Oil refineries, processing plants, pipelines, storage farms, LPG/LNG plants, and offshore platforms all utilize or produce a wide range of hazardous combustible and toxic gases. In addition, the processes involved in each can produce nontoxic gases, which when accumulated in high concentrations, depletes oxygen causing a hazardous condition to personnel who occupy the area without proper protection. Moreover, there are several hazardous gases that are the product of mining and mineral processing. These products, which include gases, such as methane (CH4), carbon monoxide (CO), hydrogen sulphide (H2S), and hydrogen cyanide (H2CN), require continuous monitoring in order to protect the well-being of mining equipment and personnel. The US, in 2016, had faced a gas leak which was nearly four-month leak in the North of Porter Ranch, which spewed nearly 100,000 metric tons of methane from a ruptured well at the 3,600-acre Aliso Canyon storage facility run by the Southern California Natural Gas Co. The US government has then signed a law that aimed to prevent a natural gas leak, like one that caused thousands of sickened residents to flee their homes around Porter Ranch. Thus, the incidences of gas leaks leading to explosions has emphasised on the need to adopt gas sensors and detectors across work intensive industries, such as Manufacturing, Mining, and Oil & Gas.

Gas Detectors of L.P.G.

A gas detector is a device that detects the presence of gases in an area, measures and indicates the concentration of certain gases in air via different technologies, often as part of a safety system. When facing unknown environmental hazards invisible to the body’s senses, a gas detector is the first line of defence for worker safety and the portable gas detectors are often part of personal protective equipment (PPE) mandated by businesses and designed to keep personnel safe. Rising demand for ensuring the workers’ safety across various industries such as oil and gas, mining, food processing, increasing need for monitoring combustible gases and chemical agents in oil & gas industry, and several governmental regulations and norms pertaining to precautionary measures for maintaining the health of workers and employees in manufacturing industries are bolstering the demand for gas detectors. Conversely, intense competition and low-profit margins may impede the market growth. Nevertheless, rising investments by companies in smart gas detectors by focusing on the development of innovative wireless technology, such as Bluetooth, WI – Fi, WiMAX, ZigBee, and rapid integration of big data and artificial intelligence is stoking the demand for gas detection systems.

The global gas detectors market was valued at USD 2175.9 million in 2017, and is expected to reach a value of USD 2731.6 million by 2023, at a CAGR of 3.73%, during the forecast period (2018 – 2023).  The regions considered in the scope of it   include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Peppermint Oil

Peppermint oil is derived from extraction of oils from flowers and stem of peppermint herb. The steam distillation process is used for extraction of oil. Peppermint oil is used medicines due to its therapeutic benefits. The healthcare uses of peppermint oil include digestive system simulation and for soothing headaches, muscle pain, cold, sinus etc. They are used extensively in oral care products because of cooling effect and its ability to kill bacteria responsible for bad breath. Peppermint oils are also for flavoring in food and beverage industry. And they are also used as safe natural food additive. Peppermint oil is an aromatherapy ingredient, which helps in stimulation and relaxation of body. It acts as skin toner in cosmetic products.

The rise in demand for aromatherapy treatments is expected to drive the growth of global peppermint oil market. The increasing consumer awareness regarding the use of safe natural and organic products is expected to boost the growth of global peppermint oil market. Increasing disposable income and awareness of personal care has resulted in demand for oral care and confectionery products in rural areas, which is a major driver for the growth of global peppermint oil market. The recent outbreak of Zika virus and diseases such as dengue and malaria has increased the demand for natural mosquito repellents and the use of peppermint oil in these repellents is expected to increase the demand. The fragrance ingredients and essential oils market recorded high growth rate, which is expected to increase the demand for peppermint oil.

Chromic Acid

The term chromic acid is usually used for a mixture made by adding concentrated sulfuric acid to a dichromate, which may contain a variety of compounds, including solid chromium trioxide. This kind of chromic acid may be used as a cleaning mixture for glass. Chromic acid may also refer to the molecular species, H2CrO4 of which the trioxide is the anhydride. Chromic acid features chromium in an oxidation state of +6 (or VI). It is a strong and corrosive oxidising agent. Chromic acid is a strong acid that can be prepared in a few steps. There are more steps involved in the proper disposal of chromic acid. In this lesson, we will discuss how to prepare a solution of chromic acid, how to safely dispose of it and hazards associated with it. Chromic acid is an intermediate in chromium plating, and is also used in ceramic glazes, and colored glass. Because a solution of chromic acid in sulfuric acid (also known as a sulfochromic mixture or chromosulfuric acid) is a powerful oxidizing agent, it can be used to clean laboratory glassware, particularly of otherwise insoluble organic residues. This application has declined due to environmental concerns. Furthermore, the acid leaves trace amounts of paramagnetic chromic ions — Cr (III) — that can interfere with certain applications, such as NMR spectroscopy. This is especially the case for NMR tubes.

The global Chromic Acid market is valued at USD XX million in 2018 and is projected to reach USD XX million by the end of 2022, growing at a CAGR of XX% during the period 2018 to 2022.

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Lucrative Startup Business Ideas 2018

Lucrative Startup Business Ideas 2018

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Lucrative Startup Business Ideas 2018– Investment Opportunities for MSME Sector

India is expected to emerge as one of the leading economies in the world over the next decade in the light of a positive political and economic scenario. The Micro, Small & Medium Enterprises (MSME) segment is expected to play a significant role in the emergence of the Indian economy. The development of this segment is extremely critical to meet the national imperatives of financial inclusion and generation of significant levels of employment across urban, rurban and rural areas across the country. Further, it can nurture and support development of new age entrepreneurs who have the potential to create globally competitive businesses from India.

The advantage of this sector is it requires less investment, thus creating employment on a large scale, and reducing the employment and underemployment problems. Moreover, this sector has survived almost all threats emerging out of still completion from both domestic and international market. This sector has been instrumental in the growth of the nation, leveraging exports, creating huge employment opportunities for the unskilled, fresh graduates, and the underemployed, also extending the opportunities to banks for giving more credit to enterprises in this sector. The government should take utmost care of this sector in terms of providing more and more MSME Registration benefits through better regulations, Government simply, and enabling financial institutions to lend more credit at less interest rate for sustainability of this sector.

List of few Lucrative Business Ideas– Investment Opportunities:

Corrugation Gum Powder (Adhesive- Dry Powder)

Adhesives market in India is forecast to cross US$ 1.3 billion by 2025, on account of continuously growing building and construction sector, increasing demand for packaging materials in food & beverage industry and growing furniture industry. Growth in India adhesives market can also be attributed to macroeconomic factors such as increasing population base, rising per capital income and rapid industrialization. Moreover, rising technological advancements have led to development of advanced and hybrid adhesives that have excellent bonding strength and flexibility, under a wide range of temperatures. Rising awareness about different types of adhesives and their applications in various end user industries is projected to boost demand for adhesives in India during 2016-2025.

Corrugation Gum Powder are used in corrugated box manufacturing industry. It is a cold water soluble adhesive powder for corrugation work in corrugated box and board making.

Abrasive Paper & Flint Paper

Emery paper is a type of abrasive paper or sandpaper that can be used to abrade (remove material from) surfaces or mechanically finish a surface. Operations include deburring, polishing, paint removal, corrosion removal, sizing, etc. This is accomplished by moving the abrasive-coated paper, with some pressure, against the object being processed. Abrasion may be performed by hand, electrically powered, or air powered equipment.

Abrasives are materials, usually minerals, that are used to finish or shape a working piece or other material through friction or rubbing, which in turn wears away the surface of the workpiece or subject material. There are a multitude of domestic (residential), commercial, industrial and research and development (R&D) or technological applications in processes such as buffing, cutting, drilling, grinding, honing, lapping, polishing, sanding (abrasive machining), and sharpening. Many factors are at play in determining how quickly a substance is abraded, including the adhesion between the grains, contact force, hardness differential between the two substances, grain size, loading, and the use of coolant, lubricant, or metalworking fluid.

There is high demand for sand paper products for finishing and smoothing layers in industries. The Coated Abrasives Market is a growing market with many applications of abrasive coating on various products such as abrasive wheels, sandpaper or abrasive paper, grinding disk and abrasive rolls etc. used in various end user industries due to the abrasive surface across the globe. This market is expected to witness high demand owing to the increasing production of abrasive cloth, abrasive sheets by coated abrasives manufacturers and growing supply by abrasive suppliers for end use purposes in various regions across the globe in the upcoming years.

Straw Board from Rice Husk

Strawboard contains few impurities and has good permanence. It is used for boxes, crates, egg cartons, and packing partitions. A thicker board made from rice husk, used in bookwork and in the making of envelopes and cartons. Not suitable for printing.

Straw boards are thicker, heavier and less flexible than the convention paper. The thickness of board is the thickness of a single sheet board measured under specified conditions. It is usually expressed in micrometers. Mill/straw board, grey board and other special varieties of boards are used for various packing processes for packing and protecting innumerable consumer and industrial goods. For above and many other reasons, the demand for straw board is increasing every day with increasing population of the world. It is consumed for various purposes. Besides this huge internal demand, there is a great export potential also.

Wick Stoves

Wick Stoves is a very common household utility item. Kerosene stoves are widely available and affordable for urban population groups. A wide variety of portable kerosene stoves have been developed, which can be grouped into two categories, namely wick type stoves and pressurized stoves.

The wick stove is easy in operation and handling. It is a household item. It is absolutely free from the danger of bursting, as happen in the case of L.P.G stove, pressure stove. It is always ready to use at anywhere and at any time. It is a good item for cooking purpose. It is mostly used by rural people.

Simple stoves are constructed in the same way as oil lamps, which use a wick to draw fuel from the tank to the burner and which produce a lot of soot due to incomplete combustion. Improved kerosene wick stoves can have up to 30 or 40 wicks. A common design incorporates a series of wicks, usually made of loosely twisted or woven cotton, placed in a holder such that they can be moved up and down by a control lever or knob.

Advantages

  • On pressurized stoves cooking is fast;
  • Heat is easy to control;
  • Pressurized stoves may be very clean burning
  • It is an alternative back-up technology for urban electricity users in case of power cuts.

Floor Polishing Stone

Floor Polishing Stones also known as Mirror Polish Grinding & Polishing stones suitable for Grinding & Polishing Marble, Granite, Mosaic floor in Triangular, Round & Frankfurt Shape.

Terry Towels

A terry towel is described as a textile product which is made with loop pile on one or both sides generally covering the entire surface or forming strips, checks, or other patterns (with end hems or fringes and side hems or selvages). The name “terry” comes from the French word “tirer” which means to pull out, referring to the pile loops which were pulled out by hand to make absorbent traditional Turkish toweling. Latin “vellus”, meaning hair, has the derivation “velour”, which is the toweling with cut loops.

Terry towels are often very complex with yarns of different types and colors, in combination with various loop pile and flat structures. Towels are subject to changing fashions, and the market is constantly demanding new designs with improved fabric characteristics important to the consumer such as softness and absorbency. In satisfying these requirements, the content and structure of terry towels are critical decisions determining the resulting quality. Due to its super-absorbent nature, Terry woven fabrics are typically used to make bathrobes and towels for the bathroom, beach and kitchen.

India’s YTD market share in cotton sheets and terry towels to the US increased (in US dollar terms), driven by volumes: India’s YTD exports of cotton sheets to the US (in US dollar terms) increased 3.9 per cent YoY (vs. a 0.3 per cent decline in world cotton sheet exports to the US), led by a 2.6 per cent rise in volumes and a 1.3 per cent increase in realisations. India’s YTD exports of terry towels to the US increased 10.1 per cent YoY (vs. a 7.6 per cent rise in world terry towel exports to the US), driven by a significant 15.5 per cent YoY increase in volumes.

Mango Pulp & Slices

Mango Pulp is prepared from selected varieties of Fresh Mango Fruit. Fully matured Mangoes are harvested, quickly transported to the fruit processing plant, inspected and washed. Selected high quality fruits go to the controlled ripening chambers; Fully Ripened Mango fruits are then washed, blanched, pulped, deseeded, centrifuged, homogenized, concentrated when required, thermally processed and aseptically filled maintaining sterility. The preparation process includes cutting, de-stoning, refining and packing. In case of aseptic product the pulp is sterilized and packed in aseptic bags. Increasing consumption of mango products, increasing preference for highly versatile and sweet products, and rising awareness about nutritive products are driving the growth of the processed mango product market.

The global processed mango product market is expected to reach US$ 2,043.1 Mn and US$ 31,669.0 Mn for primary processed mango product and secondary processed mango product respectively by 2026, expanding at a CAGR of 6.1% and 7% respectively from 2018 to 2026.

Coir Industry

Coir or coconut fibre, is a natural fibre extracted from the husk of coconut and used in products such as floor mats, doormats, brushes and mattresses. Coir is the fibrous material found between the hard, internal shell and the outer coat of a coconut. The coir industry forms major segment of village and small industries sector in terms of production and employment. The spectrum of industries in India extends from the organised large and medium industries, small scale industries to new industrial ventures and unorganised traditional industries. The coir industry is –very important in the national context because of the large volume of employment that it provides in rural area to the economically weaker section of the population.

The growing demand for eco-friendly products in the market is where coir should fast step in. It is a lightweight, soilless growing medium made from the fibers which are found between a ripe coconut’s shell and an outer surface. As it’s a material that occurs in nature, it’s completely renewable and is therefore considered an excellent choice for environmental sustainability. Mainly the coastal region of India, produces around 60% of the total world supply of white coir fiber, whereas Sri Lanka produces around 36% of the total world brown fiber output. Over 50% of the coir produced annually throughout the world is consumed in the developing countries. Recently, countries such as Mexico, Indonesia, Vietnam and certain Caribbean countries have started to supply coir to the global market on a large scale.

Rubber Hose Pipe & Rubber Glazing

The Rubber Hoses are used across diverse areas of industrial application such as Agriculture, Mining, Construction, Civil Engineering, Manufacturing, Aquaculture, Food Processing, etc. The Rubber Hose Pipes come in a wide range of elastomers for catering to variety of applications. Wherever liquids, materials or gases are transported under pressure or suction, the need for a Rubber Hose Pipe arises.

The demand for hydraulic rubber hoses is increasing considerably in the industries of construction, agriculture, and automotive. These industries are quickly realizing the advantages that the flexibility of hydraulic rubber hose can provide over conventional pipes made of metal or plastics. Additional advantages such as lower weight in low and medium-pressure applications, better sound absorption, and rust resistance put hydraulic rubber hose ahead of all other pipes for most users. The advantages of hydraulic rubber hoses also put it in favor of industries that are facing the crunch of staggering production demands. The need to increase operational efficiency has driven most industries to look every place they can to increase efficiency, including the use of hydraulic rubber hoses.

Nylon Zip Fasteners

Zips are manufactured using bead technology, where profile metal elements (teeth) are clamped on woven and dyed textile tape; brass wire is usually used to make the teeth. Precision cutting and stapling processes are followed by multiple brushing and polishing operations, to ensure that the M zip runs smoothly.

The global market for Zippers is projected to reach US$19.8 billion by 2024, driven by healthy gains in production and sales of apparel, luggage and for changing fashion trends and parallel improvements in the mechanical design of zippers. Zippers, by far, is the most popular and preferred fastener solution heavy duty applications such as in jeans, backpacks and luggage when compared to buttons.

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Niir Project Consultancy Services

An ISO 9001:2015 Company

106-E, Kamla Nagar, Opp. Spark Mall,

New Delhi-110007, India.

Email: npcs.ei@gmail.com  , info@entrepreneurindia.co

Tel: +91-11-23843955, 23845654, 23845886, 8800733955

Mobile: +91-9811043595

Website: www.entrepreneurindia.co  , www.niir.org

 

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Businesses You Can Start on Your Own, Business Ideas and Opportunities for Entrepreneurs, Business Ideas and Business Opportunities, Potential Business Opportunities, Profitable Business Ideas, Most Profitable Businesses, Start Small to go big: Here are few Profitable Businesses You Can Start, Need a Business Idea? Small Profitable Business Ideas in India, Extremely Profitable Small Business Ideas for 2018, Most Profitable Small Businesses in 2018, Profitable Business Ideas in India, Most Successful Small Business Ideas, List of Business Ideas, Creative Small Business Ideas, Business Ideas for Entrepreneurs, What’s the Best Business to Start? Business Ideas, Highly Profitable Business Ideas and Opportunities, How to Start Your Own Business, Starting Your Own Company, Starting a Business, Business Opportunity, Start Your Profitable Business, Potential Projects for New MSME, Self-Employment Ideas for Entrepreneurs, Business Ideas for Women Entrepreneurs, Self-Employed Business Ideas, List of Business Opportunities Around You, Projects for Micro, Small and Medium Enterprises (MSME), Micro, Small & Medium Enterprises, Project Profiles for Small Industries, Profitable Manufacturing Business to Start, Best Business Ideas to Make Money, Top Most Successful Businesses to Start, Best Manufacturing Business Ideas, Most Profitable Manufacturing Business to Start, Most Profitable Manufacturing Business to Start in India, Best Manufacturing Business to Start, Lucrative Manufacturing Business Ideas 2018, How to Start a Manufacturing Business, Best Profitable Manufacturing & Processing Business Ideas, project profile Project Report on manufacturing Industry, Detailed Project Report, Pre-Investment Feasibility Study, Techno-Economic feasibility study, Feasibility report, Free Project Profile, Download free project profile, Investment Opportunities and Business Ideas to Make Money in 2018, Business Ideas with Great Potential, Business Ideas You Can Start Today, New Trending Startup Business Ideas, Best Ideas to Inspire You to Start a Business, Top Money Making Businesses

 

 

 

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Growing Industries to Start a Business

Growing Industries to Start a Business

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Growing Industries to Start a Business. Best Small Businesses Opportunities

Self-employed is a situation in which an individual works for himself instead of working for an employer that pays a salary or a wage. A self-employed individual earns his income through conducting profitable operations from a trade or business that he operates directly. Although the precise definition of self-employed varies among the Bureau of Labor Statistics, the Internal Revenue Service and private research firms, self-employed people generally include independent contractors, sole proprietors of businesses and those with partnerships in businesses.

Reasons Being Self-Employed is better than being an Employee:

  • No Boss

A common motive for people to become self-employed is to avoid dealing with a boss. You don’t have to worry about a manager directing your daily activities or criticizing your work. Self-employed people do have to answer to customers and clients, but they aren’t perpetual or binding relationships, in most cases. If you prefer to direct your own work and choices as opposed to taking management direction, self-employment makes sense.

  • Choose Your Path

Closely related to the benefit of being your own boss is the reality that as a self- employed person, you choose the path or direction for your work. You have decision-making authority over the nature of your business, the activities and projects that you engage in and the clients and customers you work with. You can also set or change your policies. In essence, you only have yourself to complain to if you don’t like the work environment.

  • Choose Your Structure

When self-employed, you also get to choose how to structure or operate your business. The simplest approach is sole proprietorship. This requires little to no formal paperwork and record keeping and you can include business income on your personal tax filing. You don’t get the same protection from personal financial liability that comes with a limited liability company setup, though. With an LLC, your business is treated as a separate financial entity, but you have to register in your state and keep business records. An S-corporation is another option, which merges benefits of proprietorships with those of corporations. Ultimately, you get to decide which structure fits your needs and goals.

  • Flexibility

A huge draw for self-employment is flexibility. With no boss, you can set your own schedule. This makes it easier to participate in family activities or attend your children’s school events. If you provide services, you can work during hours that best fit your schedule and work habits. You also get to choose where you work. If you run a store, you naturally work at the business. Otherwise, you can work out of an office or from home.

  • Financial rewards

A business may become very profitable. Companies are willing to pay more to independent contractors because they don’t have the expensive, long-term commitments that they do with permanent employees, such as benefits, unemployment compensation and pensions. Independent contractors may also deduct business expenses from their taxes, which may increase their net pay. Many successful businesses in Canada are run by newcomers or immigrants.

 

Here are few Self-Employment Business Opportunities:

Melamine Crockery

Melamine is used to form melamine formaldehyde resin, which find many applications in our commonly used household products such as furniture, kitchen countertops & storage, bathroom cupboard, dinnerware, food storage containers, cars, and banknotes. Unbreakable plastic crockery ware is very popular in households and hotels. They are made of melamine formaldehyde moulding powder. The products include Cup and Saucer Sets, Plates, Bowls and Dinner Plates. The main advantages of Melamine Crockery over the conventional Crockery are unbreakability, odour-free, heat and shock proof and scratch resistance, lightweight and non-toxic.: Melamine Crockery is available in eye-catching colours, attractive designs and finishes.

Crockery market comprises pottery, kitchenware and tableware. Indian tableware market size is Rs 10 bn (excluding stainless steel) of which opalware comprises Rs 3.5 bn.

Key Demand Drivers:

  • Growing Mass Affluent: Mass Affluent i.e. households with disposable incomes from `200,000 to 1,000,000 per annum comprises about 50 mn people, roughly 5% of the population (Source: McKinsey Survey in 2007 for India). By 2025, mass affluent segment is expected to increase to ~ 583 mn people, or 41% of the population. With its rising numbers and incomes, mass affluent is becoming the biggest market segment for the industry.
  • Increasing Disposable Income – increase in potential to spend: The average annual disposable income in India increased by more than 29% in real terms between 2007 and 2012 while consumer spending was up by more than 25%, which has led to shift from ordinary to fashionable crockery, fueling demand in the process.
  • India is expected to grow at a fast pace in next four years. The rapid economic growth will increase and enhance employment and business opportunities, which in turn, is expected to further increase disposable incomes and aspirations.
  • Changing Life Style – adding to the status symbol: There is a radical change in the attitude of consumer behavior in India, riding on the back of higher disposable income, changing lifestyle, urbanization of semi‐urban and rural communities, more push towards aesthetics, increasing consumer awareness, brand consciousness and innovative promotional campaigns.
  • Indian consumers are also more optimistic and increasingly willing to spend on branded products. With the changing pattern of consumer behavior and consumer spending, companies in India are also tweaking their strategies to retain their loyal consumer base, while attracting the emerging young consumers

Hospital Bed

Hospital beds permit body positioning that is not feasible in a regular home bed. They also permit the attachment of other pieces of equipment that cannot be used on a regular home bed. Always raise the foot section of the bed slightly before raising the head to help prevent the patient from sliding to the bottom of the bed.

On the basis of power, the hospital bed market has been categorized into manual, semi-electric, and electric beds. The manual bed category dominated this market during the historical period, with 49.1% contribution in 2017. Due to their economic viability, manual beds are highly preferred by the end users. Based on treatment, the market has been categorized into acute care, critical care, and long-term care beds. During the forecast period, the hospital bed market for critical care is expected to grow the fastest among all types, with a CAGR of 6.0%. This growth is attributed to the fact that critical-care beds allow lateral tilting of patients, which helps in blood circulation and prevents ulcer formation, and also enables x-ray scanning on bed by pressure redistribution. In addition, these beds provide support to staff due to the presence of multifunctional touch screen pads.

Aluminium Bottles (Cold Extrusion of Aluminium)

An aluminium bottle is a bottle made of aluminium (or aluminum, in American English). In some countries, it is also referred to as a bottlecan. It is a bottle made entirely of aluminium that holds beer, soft drinks, wine, and other liquids. The aluminium bottle can is made of 100 percent recyclable aluminium similar to that of an aluminium beverage can. However, it is shaped similar to a traditional beverage bottle, with many designs including resealable lids.

Sport bottles market can be classified mainly into stainless steel bottles, plastic bottles, silicone bottles and aluminum bottles. Stainless steel bottles are manufactured from natural elements that can be recycled. The insulating attributes of stainless steel bottles help in keeping water cool for 24 hours. Silicone sport bottles are advantageous in a way that they are light in weight, portable and squeezable. Plastic sport bottles can be molded into shapes and sizes as required, and are available in various color shades thus, giving it an attractive appearance. Aluminum bottles have a visual appearance similar to that of stainless steel bottles. They are cheaper, recyclable and also maintains the water temperature.

Automobile Gear

An automotive gear is a rotating part containing teeth, which forms a mesh with another toothed machine part or gear and transmits torque. The gears can change torque, speed and direction of the power source. Automotive gears are of various types, including spur gear, bevel gear, planetary gear, helical gear, rack and pinion, and others. An automatic transmission is a type of motor vehicle transmission that can automatically change gear ratios as the vehicle moves, which prevent the driver from shifting the gears manually. Increasing demand for automatic transmission in vehicles is one of the growing trends witnessed in the automotive industry, which has increased the demand of the automotive gears due to its automatic function that provides ease in driving of vehicle. Automatic transmission also helps in achieving better fuel efficiency and less wear and tear of the gears which results in long life of gears.

The auto-component industry of India has expanded by 14.3 per cent because of strong growth in the after-market sales to reach at a level of Rs 2.92 lakh crore (US$ 43.52 billion) in FY 2016-17. The auto-components industry accounts for almost seven per cent of India’s Gross Domestic Product (GDP) and employs as many as 25 million people, both directly and indirectly. The Indian automotive aftermarket is expected to grow at a CAGR of 10.5 per cent and reach Rs. 75,705 crore (US$ 13 billion) by the year 2019-20, according to the Automotive Component Manufacturers Association of India (ACMA).

DTP and Offset Printing

Digital printing refers to methods of printing from a digital-based image directly to a variety of media. It usually refers to professional printing where small-run jobs from desktop publishing and other digital sources are printed using large-format and/or high-volume laser or inkjet printers. Digital printing has a higher cost per page than more traditional offset printing methods, but this price is usually offset by avoiding the cost of all the technical steps required to make printing plates. Offset printing is a commonly used printing technique in which the inked image is transferred (or “offset”) from a plate to a rubber blanket, then to the printing surface. When used in combination with the lithographic process, which is based on the repulsion of oil and water

Digital printing market analysis shows that the industry is better suited to the changing demands of print buyers – and importantly, to end consumers of print – than offset is. Primary research conducted highlights the continuing demands of buyers for lower run lengths and faster turnaround, and the use of versioning and personalization is continuing. Moreover, the primarily factors responsible for the growth of offset printing press market are its high and consistent image quality, and cost benefits. Basically, there are two kinds of offset printing press which are commonly used for publication nowadays. Further, in sheet-fed offset printing, single pages of paper are served into the machine and are in high demand in advertising company for making brochure, templates, and single page marketing advertisement.

Digital Printing Unit

Digital printing refers to methods of printing from a digital-based image directly to a variety of media. It usually refers to professional printing where small-run jobs from desktop publishing and other digital sources are printed using large-format and/or high-volume laser or inkjet printers. Digital printing has a higher cost per page than more traditional offset printing methods, but this price is usually offset by avoiding the cost of all the technical steps required to make printing plates. It also allows for on-demand printing, short turnaround time, and even a modification of the image (variable data) used for each impression.

The digital printing market is expected to grow from USD 21.08 Billion in 2016 to USD 28.85 Billion by 2023, at a CAGR of 4.48% between 2017 and 2023.

Gold and Silver Jewellery

Gold is more than a precious metal in Indian culture and is truly entrenched in their belief system. Over centuries and millennia, gold has become an inseparable part of the Indian society and fused well into the psyche of an Indian. Gold Jewellery forms an integral part of Indian tradition. 24 carat is the purest form of gold available on the surface of Earth. Demand for gold in India has witnessed an increasing trend in the past, despite soaring prices of gold for many years now. Gold and silver are considered as sacred metals by Hindus.

Silver in jewellery has always been the preferred metal for young people. More recently, because of the high price of other metals, it has become more popular among the middle-aged and the elderly as well. Silver jewellery remains a popular gift item. It is fashionable, affordable and increasingly more personalized. The main occasions for buying jewellery are Christmas, Valentine’s Day and weddings.

India is one of the largest markets for gold, and growing affluence is driving growth in demand. Gold has a central role in the country’s culture, considered a store of value, a symbol of wealth and status and a fundamental part of many rituals. Gold in India is also universally valued a store of wealth. That is the other major driver of demand. Gold jewellery products provide a tangible way to preserve wealth while at the same time serving the cultural function of providing decoration and displaying wealth. Indian consumers will always favour gold above other jewellery materials because of its dual role.At steady gold prices, demand for such products will grow faster than demand for gold jewellery products simply because it is still in the nascent stage.

Global gold jewellery demand during 2017 increased by 4% to 2,135.5 tonnes (t), the first year of growth since 2013, driven by stable gold prices and improving economic conditions,

The popularity of silver jewelry stems largely from the price of the metal. Relative to other precious metals, such as platinum and gold, silver is cheap. China is one of the world’s top silver consumers and its fondness of the metal apparently extends beyond investment interests and manufacturing. China’s silver jewelry market grew 211 percent. This growth has been attributed to exposure across the country’s interior. Urbanization is expected to continue fueling expansion as more retail jewelry outlets open in major Chinese cities.

The gems and jewellery market in India is home to more than 300,000 players, with the majority being small players. Its market size is about US$ 60 billion as of 2017 and is expected to reach US$ 100-110 billion by 2021-2022. It contributes 29 per cent to the global jewellery consumption.

Stuff Toys

A toy animal sewn from woven or felted fabric and stuffed inside with a lightweight fluffy material such as synthetic fiberfill or wool roving. Stuffed animals are commonly made for young children to sleep and play with. Plush/Plush Toy – a stuffed animal made A stuffed toy is a toy with an outer fabric sewn from a textile and then stuffed with a flexible material. In North American English, they are variously referred to as plush toys, stuffed animals, plushies, snuggies, stuffies, or snuggled animals. In British English, they are soft toys or cuddly toys.

The toys developed in their current form in the early years of the 20th century and have remained consistently popular with children throughout. Different fads have caused specific toys to surge in popularity among adults and collectors from cloth with a deep luxurious pile.

With the growing population of children, demand for the stuffed & plush toys will continue to increase in the global market. Increasing demand for comfort and soft creature toys has led the manufacturers to opt for sponge, fur clothing and cotton for the production of stuffed toys.

Demand for the stuffed & plush toys is mainly bound to surge in the number of occasions and events globally. Birthdays, Valentine’s Day, Christmas and New Year are some of the occasions that will continue to boost sales of the stuffed & plush toys in the global market. With the increasing number of traditional occasions, manufacturers are focusing on offering festive toys in the global market. Moreover, increasing number of puppet shows is expected to rev up sales of the stuffed & plush toys in the global market.

However, growing need to comply with various compliances is expected to impact growth of the global stuffed & plush toys market significantly. Several federal and state regulations imposed has led to stringent checking of the stuffed & plush toys before the launch. Moreover, imposition of safety regulations by the Federal Trade Commission regarding the safe manufacturing of the stuffed toy products is likely to boost sales globally. These factors are expected to contribute towards growth of the global stuffed & plush toys market.

As preference for playing with stuffed toys increases, demand for the dolls & play sets is expected to remain high in the global market. On the basis of product type, the dolls & play sets segment is expected to represent the highest revenue growth, accounting for a value of over US$ 900 Mn by the end of 2026. On the other hand, the special feature plush and puppets product type segment is expected to register a robust CAGR during the forecast period.

Based on sales channel, the hyper/super market segment is expected generate significant revenues, recording a value of over US$ 500 Mn by the end of 2017. However, the other sales channel (electronic and video stores, gift shops) segment is expected to register a healthy CAGR through 2026.

By stuffing materials, the synthetic toy fillings segment is expected to witness robust revenue growth, accounting for a value of over US$ 1,100 Mn by the end of 2026. In contrary, the organic toy stuffing materials segment is expected to register a significant CAGR throughout the forecast period.

Knitted Fabric

Knitted fabric is a textile that results from knitting. Its properties are distinct from woven fabric in that it is more flexible and can be more readily constructed into smaller pieces, making it ideal for socks and hats. Its properties are distinct from nonwoven fabric in that it is more durable but takes more resources to create, making it suitable for multiple uses.

Formaldehyde

Formaldehyde (systematic name methanal) is a naturally occurring organic compound with the formula CH2O (H-CHO). It is the simplest of the aldehydes (R-CHO). The common name of this substance comes from its similarity and relation to formic acid. Formaldehyde is an important precursor to many other materials and chemical compounds. In 1996, the installed capacity for the production of formaldehyde was estimated to be 8.7 million tons per year. It is mainly used in the production of industrial resins, e.g., for particle board and coatings.

The demand for formaldehyde is continuously rising due to its increasing use in the production of various resins. These resins are being used in various industries for manufacturing purpose. Formaldehyde is also being used in producing home building products. Formaldehyde is also known for its preservative and anti-bacterial properties. Hence, medical laboratories and some consumer products are also using formaldehyde as a preservative. The global consumption of formaldehyde is increasing as it is being used on a large scale for construction and remodeling activity and furniture production. Due to the excellent thermal and chemical resistance, formaldehyde-based resins are being used in manufacturing airplane and automobile parts. Formaldehyde is also being used in manufacturing anti-infective drugs, hard-gel capsules, and vaccines.

The global formaldehyde market has been segmented into application, derivatives, end use, and region. On the basis of derivatives, Urea Formaldehyde (UF) resins and concentrates is likely to witness the highest growth in terms of volume throughout the forecast period from 2017 to 2026. Based on the application, the market is further segmented into resins, drying agents, plasticizers, solvents, fibers, and other chemical intermediaries. Formaldehyde is expected to find the largest application in resins during 2017-2026.

Acrylic Yarn Dyeing

Acrylic fibers are synthetic fibers made from a polymer (polyacrylonitrile) with an average molecular weight of ~100,000, about 1900 monomer units. The polymer is formed by free‐radical polymerization in aqueous suspension. The fiber is produced by dissolving the polymer in a solvent such as N, N‐dimethylformamide or aqueous sodium thiocyanate. Acrylic is lightweight, soft, and warm, with a wool‐like feel. It can also be made to mimic other fibers, such as cotton, when spun on short staple equipment. Two ways of obtaining perfectly even distribution to dyestuff in acrylic fiber. Migration properties of the dyestuff can be utilized to get desired effect, provided the dyestuff is not immediately fixed during adsorption on fiber surface and fiber sites having affinity for dye stuffs are distributed evenly in fiber.  The buildup of dyestuff during first phase of dyeing can be controlled so that no migration takes place after absorption.

Textile Dyes market is projected to grow at a CAGR of 7.25% over the projected period to reach US$7.982 billion by 2022, from US$5.625 billion in 2017.

Textile dyes are used in the process of adding colors to textile products like fibers, yarns, and fabrics. Preference of natural dyes, growing demand for colored textiles and fibers and strong research and development investments in plant based dyes are the factors driving the market, whereas stringent environment laws, production overcapacity and raw materials price volatility are restraining the market growth.

Growing demand for environment-friendly products is boosting the use of natural dyes in textile applications, which in further led to the increase in sales of dyes. Asia Pacific region is expected to witness highest market growth due to the increase in urban households, new applications of textile products and rapid growth in the online fashion market.

Steel Furniture

With the growth of industrial, commercial and household activities the demand of office automation, equipments and steel furniture has increased considerably, Steel furniture is preferred over other kinds of furniture due to its durability, foldability (in many cases) and easy transportability.

Steel furniture is home to the important role of masculinity, and now has become more and more attractive steel furniture. Steel furniture is both material goods, but also art, and this is often said that two important characteristics of stainless steel furniture. The steel almirahs, steel cup boards and steel chairs find their extensive use in industrial, commercial and household activities. These items are also used by various Govt. organizations. With the growth of industrial, commercial and household establishments, the demand of steel furniture items has increased considerably. Various Govt. organizations also procure these items directly or through annual rate contract system. Hence there is a good market potential for above items.

Tailor’s Chalk

Tailors’ chalk is a square, circular or in the form of a triangular shaped product having a thickness of around 5mm. The product is used by the tailors for making on clothes, so that the cloth can be cut according to the marked lines. Tailors’ chalks are manufactured in white as well as in various colours to be suitable for marking on clothes of various colours. A chalk-like material used for marking alterations on fabric in tailoring and dressmaking. The marks are brushed or washed off the material when no longer needed. Dressmaker’s chalk is one of the marking tools with the longest tradition in tailoring and sewing. The chalk slabs are an essential item in every tailor’s or dressmaker’s equipment.

Tailor’s chalk is traditionally a hard chalk used to make temporary markings on cloth or a garment.  This type of special chalk marks the spot on a garment where a garment might need to be taken in or let out, shortened or mark the placement of where to place an embellishment making it easy to see the exact placement. Tailor’s chalk usually comes in a rectangle shape that at times appears like a small piece of soap however, it can also be found in crayon shapes and in several different colors so that it can been seen on the marked object.

Air Conditioner (Window Type)

An air conditioner is a system or a machine that treats air in a defined, usually enclosed area via a refrigeration cycle in which warm air is removed and replaced with cooler and more humid air. In construction, a complete system of heating, ventilation, and air conditioning I s referred to as HVAC. Window air conditioner is sometimes referred to as room air conditioner as well. It is the simplest form of an air conditioning system and is mounted on windows or walls. The evaporator side is located facing the room for cooling of the space and the condenser side outdoor for heat rejection.

Window and room air conditioners use refrigeration principles to extract heat and moisture from room air, cooling and dehumidifying the air.  The basic components inside the unit include a blower and/or fans for moving cooled air into the room and exhausting warm air, and refrigerant components for extracting heat from the air. Those components include a compressor, evaporator coil, refrigerant-filled tubing, and condenser coil. Most window and room air conditioners have thermostatic controls.

Air conditioners are divided into two segments based on their application i.e. residential and commercial:

Residential or room air conditioners are further sub-divided into window air conditioners and split air conditioners. Spilt air conditioners are popular in India whereas the market for window ACs is fast disappearing.

In commercial segment, light commercial air conditioners, ducted & packaged, VRF and chillers are the various product types. Along with residential sector, commercial segment is also catching up with the increase in demand of commercial plots, offices, stores, factories and business apartments.

Benzyl acetate

Benzyl acetate is found in alcoholic beverages. Benzyl acetate occurs in jasmine, apple, cherry, guava fruit and peel, wine grape, white wine, tea, plum, cooked rice, Bourbon vanilla, naranjila fruit (Solanum quitoense), Chinese cabbage and quince. Benzyl acetate is a flavouring agent Benzyl acetate is an organic compound with the molecular formula C9H10O2. It is the ester formed by condensation of benzyl alcohol and acetic acid. It is one of many compounds that is attractive to males of various species of orchid bees, who apparently gather the chemical to synthesize pheromones.

Benzyl alcohol is an aromatic alcohol with the formula C6H5CH2OH. The benzyl group is often abbreviated “Bn” (not to be confused with “Bz” which is used for benzoyl), thus benzyl alcohol is denoted as BnOH. Benzyl alcohol is a colorless liquid with a mild pleasant aromatic odor. It is a useful solvent due to its polarity, low toxicity, and low vapor pressure. Benzyl alcohol is an aromatic alcohol with the formula C6H5CH2OH. The benzyl group is often abbreviated “Bn” (not to be confused with “Bz” which is used for benzoyl), thus benzyl alcohol is denoted as BnOH. Benzyl alcohol is a colorless liquid with a mild pleasant aromatic odor. It is a useful solvent due to its polarity, low toxicity, and low vapor pressure. Benzyl alcohol has moderate solubility in water (4 g/100 mL) and is miscible in alcohols and diethyl ether. The anion produced by deprotonation of the alcohol group is known as benzylate or benzyloxide.

As a medication it is used to treat scabies and lice. For scabies either permethrin or malathion is typically preferred. It is applied to the skin as a lotion. Typically two to three applications are needed. Benzyl benzoate is a benzyl compound that can be synthesized by reacting benzyl chloride with sodium benzoate in the presence of tetrabutylaramonium iodide. It is reported to be the key constituent in the essential oils isolated from leaves and stem bark of Cinnamomum zeylanicum. Its toxicity has been assessed. The mechanism of thermal decomposition of benzyl benzoate has been investigated.

The growing demand for benzyl acetate in the personal care industry across different regions of the world is anticipated to drive the global benzyl acetate market in the next few years. The major players operating in the benzyl acetate market are primarily focusing on the emergent countries for tapping their immense market potential. The key companies operating in the benzyl acetate market are installing gigantic production facilities in these developing countries to fulfill the swiftly rising local demand for benzyl acetate. Therefore, the global benzyl acetate market is expected to witness a noteworthy growth in the next years.

Benzyl alcohol demand is projected to gain impulse with increasing demand from end use industries. Growing demand for paints and coating with rapid infrastructural developments in emerging economies such as India, China and Brazil is projected to drive the demand for benzyls alcohol over the forecast period. Further, growth in disposable income of middle class impelling the demand for automobiles which is subsequently fueling the demand for paints and coatings which in turn is driving the demand for benzyl alcohol. Paints and coating application accounts for major share of the global benzyl benzoate market. Thus, growing paint and coating industry is anticipated to drive the demand for benzyl alcohol over the forecast period. Besides this, increasing use of benzyl alcohol as an anti-parasite medication used to treat head lice. It is also used as a common preservative in many injectable drugs.

Benzyl Benzoate covers the existing situation and the progress predictions of the Benzyl Benzoate Industry for 2018-2023. Benzyl benzoate is a kind of ester compound by condensation of benzoate and benzyl alcohol, there are a lot of important applications. It can mainly be used in textile auxiliaries, flavors and Fragrance, pharmaceuticals and plasticizer.

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Choosing the Right Business Ideas for You

Choosing the Right Business Ideas for You

Choosing the Right Business Ideas for You.jpg

Choosing the Right Business Ideas for You. Manufacturing Industry that can be started with Low & Medium Investment

Small and Medium scale industries play a big role in the economic development of a developing country like India. The MSME sector in India continues to demonstrate remarkable resilience in the face of trialing global and domestic economic circumstances. The sector has sustained an annual growth rate of over 10% for the past few years.

The Indian MSME sector provides maximum opportunities for both self-employment and wage-employment outside the agricultural sector and contributes in building an inclusive and sustainable society in innumerable ways through creation of non-farm livelihood at low cost, balanced regional development, gender and social balance, environmentally sustainable development, etc.

The Indian MSME sector is the backbone of the national economic structure and has unremittingly acted as the bulwark for the Indian economy, providing it resilience to ward off global economic shocks and adversities. With around 36.1 million units throughout the geographical expanse of the country, MSMEs contribute around 6.11% of the manufacturing GDP and 24.63% of the GDP from service activities as well as 33.4% of India’s manufacturing output. They have been able to provide employment to around 120 million persons and contribute around 45% of the overall exports from India. The sector has consistently maintained a growth rate of over 10%. About 20% of the MSMEs are based out of rural areas, which indicates the deployment of significant rural workforce in the MSME sector and is an exhibit to the importance of these enterprises in promoting sustainable and inclusive development as well as generating large scale employment, especially in the rural areas.

If you are interested in starting your own business, there are many great opportunities in MSME sector

Health Club, Beauty Parlour with Hair Salon

Health club (also known as a fitness club, fitness centre, health spa, and commonly referred to as a gym) is a place that houses exercise equipment for the purpose of physical exercise.

Health and fitness clubs provide their customers with the infrastructure for their workouts and physical activity in exchange for a membership fee. The global fitness and health club industry generates more than 80 billion U.S. dollars in revenue per year. The North American market had an estimated size of more than 28 billion U.S. dollars in 2015, of which 90 percent, around 25.8 billion U.S. dollars, was attributable to the United States. The U.S. is the single biggest market worldwide not only in terms of revenue but in regards to the number of members in health & fitness clubs as well.

A beauty salon or beauty parlor (beauty parlour), or sometimes beauty shop, is an establishment dealing with cosmetic treatments for men and women. Other variations of this type of business include hair salons and spas.

Beauty parlour is a very important shop to make the people good looking by application of cosmetics treatment of hair and nourishment of skin by various methods. Life style is fast changing in the modern era and the women have become more conscious about their make up the status of women has improved a lot and is improving further. This has resulted in their life style changing. Also their economic independence encourages them to resort this type of services.

The personal care industry makes up 22 percent of India’s market for consumer package goods and experts agree that India is full of opportunities and is a potential gold mine for many beauty and personal care companies.

The Hair Salon industry has managed to untangle its early post recessionary knots. Rising consumer sentiment and per capita disposable income have boosted industry growth over the five years to 2017. This has also led to increased demand for ancillary services to standard haircuts, such as hair modification treatments (e.g. straightening procedures and perms), skin-care services and massages.

The 10,000 cr Indian salon industry is largely unorganized with only around 2,500 crores forming the organized segment. But the organized segment is expected to grow at a much higher rate of 30% compared to the unorganized segment which is expected to grow at a rate less than 20%. India’s salon industry is valued at $3.5 billion as of 2015 and grows 20% annually. About a fourth of the sector is comprised of 5,000 franchises totaling $1 billion in value; the rest is composed of independent stores and small to mid-sized chains.

Stamp Pad & Pad Inks

Inkpad or Stamp Pad is a small box which contains a pad of cloth or other material. It is impregnated with ink (the pad is inky). A marker is pressed onto the pad, then onto paper. Any raised marks on the pad leave an impression in ink on the paper.

Ink pads are used with rubber stamps. On the stamp is the symbol of an organization, for example. After a form has been passed by an official, it is stamped to show it is authentic. Another variation is a date stamp, placed on all letters which arrive in the building. Another version is a stamp with a facsimile (copy) of an official’s signature. Using this, staff can send out letters when the official is not present. Rubber stamps and ink pads have been used for at least a hundred years by civil servants and businesses. They are still in use in many countries, but are gradually being replaced with other systems.

The ink used on vulcanized rubber stamps should be such that when applied to a suitable pad it remains sufficiently fluid to adhere to the stamp. At the same time the fluidity should cease by the time the stamp is pressed upon an absorbing surface such as paper. Now, most stamping inks are made without grease and a properly prepared stamping ink contains nothing but glycerine and coal-tar dye.

Computer Keyboard

Computer keyboard is one of the primary input devices used with a computer that looks similar to those found on electric typewriters, but with some additional keys. Keyboards allow you to input letters, numbers, and other symbols into a computer that can serve as commands or be used to type text.

Ergonomic keyboards are designed to incorporate ergonomic considerations such as unique angled design, key sensitivity, and wrist support – allowing the wrists and hands to rest and move more naturally while operating keyboards. Despite the fact that ergonomic keyboards do not necessarily eliminate complex cases of repetitive stress injuries (RSIs) and carpal tunnel syndrome, they do however offer some degree of relief to people with moderate levels of such problems.

Rising demand for comfortable devices at workplaces is advancing the adoption of ergonomic keyboards, which have become quite popular among employees who perform significant amounts typing. Additionally, leading players operating in the industry are marketing products through multiple distribution channels to increase sales across the globe. This ensures wider and easier consumer access to ergonomic products and boosts market growth.

Ergonomic keyboards are being adopted at a brisk pace by several industries such as IT, oil & gas, energy, and communications. Rising awareness about RSIs and carpal tunnel syndrome is expected to encourage further adoption of ergonomic keyboards leading to substantial market growth during the forecast period.

The global computer keyboards market is classified on the basis of type as basic and ergonomic keyboards. Presently, the basic keyboards segment dominates the global computer keyboards market. However, with growing popularity of ergonomic keyboards, the basic segment is expected to lose significant market share during the forecast period.

Leather Shoes, Chappals

Leather footwear are premium products occupying a significant market share in the global market for footwear. Additionally, rising health concerns are influencing individuals to perform indoor and outdoor physical activities. This trend has generated a high demand for athletic shoes, in turn increasing the demand for footwear. Over the past decade, the global market for footwear has witnessed a steady growth and is anticipated to continue at the same pace in the years to come. The estimation of global market is based on revenue generated by the sale of footwear across different geographic regions.

All types of leather boots and shoes are manufactured in India. A modern boot or shoe consists of an “upper” which is attached to a `bottom’. Each of the two parts may consist of a single piece of leather or of two or more pieces. The upper and the bottom are attached to each other by means of thread, tacks, rivets, staple, screws, nails, adhesives etc.

Fashion may come and go, leather antique is well as modern. Its substitutes are only its poor supplements. There is nothing like, leather. India is bound to take a lead in the manufacture of leather and leather products and top the list in the world within this century.

Fluorescent Tube

Fluorescent lamp, or fluorescent tube, is a low-pressure mercury-vapor gas-discharge lamp that uses fluorescence to produce visible light. An electric current in the gas excites mercury vapor, which produces short-wave ultraviolet light that then causes a phosphor coating on the inside of the lamp to glow. A fluorescent lamp converts electrical energy into useful light much more efficiently than incandescent lamps. The typical luminous efficacy of fluorescent lighting systems is 50–100 lumens per watt, several times the efficacy of incandescent bulbs with comparable light output.

The global market for Fluorescent Bulbs is forecast to decline to US$8.3 billion by 2020, constrained by the cannibalizing popularity of LED bulbs in general lighting applications. A key drawback of CFL bulbs that is challenging market growth is the incompatibility of the technology with light and motion sensors. Asia-Pacific represents the largest market worldwide.

Baking Powder       

Baking powder is a dry chemical leavening agent, a mixture of a carbonate or bicarbonate and a weak acid and is used for increasing the volume and lightening the texture of baked goods. Baking powder works by releasing carbon dioxide gas into a batter or dough through an acid-base reaction, causing bubbles in the wet mixture to expand and thus leavening the mixture.

Major buyers of baking powder include hypermarkets, supermarkets, and industrial buyers for making pizzas, burgers, and breads.

The urbanization of population has brought many changes in the food habits and consumption patterns of people. A radical shift in the socio-cultural behavior due to cultural borrowing has led to nuclear families and rise in the number of working women. Moreover, increasing disposable income has also led to a rise in the demand for baking powder-based food such as waffles, cakes, pastries, donuts, pizzas, and burgers. “An increasing consumption of junk food owing to busy lifestyle is thus behind the growth of the global baking powder market.

Owing to increased awareness regarding health and wellness, the consumer’s demand for a well-balanced meal are met through high fiber breads, nutrition bars, and breakfast cereals. These health and wellness oriented food products require baking powder as an ingredient, thus driving their demand.

Silicon

Silicon is the second most common element in the Earth’s crust, although it is hard to find it in nature as a pure element. China is by far the world’s largest producer of silicon, including thereby silicon content for ferrosilicon and silicon metal. Around 4.6 million metric tons of silicon was produced in China in 2016 which accounted for about two-thirds of global production that year, which reached about 7.2 million metric tons. Other major producers are Russia, the United States, and Brazil.

The global silicone market was valued at USD 13.45 Billion in 2016 and is projected to reach USD 18.87 Billion by 2022, at a CAGR of 5.85% between 2017 and 2022. In this study, 2016 has been considered the base year and 2022 as the forecast year to estimate the silicone market size.

Silicones, or polysiloxanes are high-performance oligomers or polymers with an alternating silicon oxygen backbone, formed with aliphatic or aromatic side groups. They are considered as a modern class of synthetic materials in which siloxane functional group forms the backbone and can take a variety of physical forms, such as solids, semi-viscous pastes, oils, and more. They are produced by reacting silicon with methyl chloride and a further reaction with water. Silicones are resistant to high & low temperatures and find applications in several products used across a wide range of end-user industries. Silicones are beneficial owing to their heat resistance and rubber-like quality.

The global silicones industry is segmented on the basis of type, end user, and geography. Based on different types, the market is classified into categories including elastomers, fluids, resins, and gels. Silicones find applications in various industries, such as building & construction, transportation, electronics, medical, textile & leather, and others.

Dish Antenna & Satelite Network Equipment

Dish antenna, also known simply as a dish, is common in microwave systems. This type of antenna can be used for satellite communication and broadcast reception, space communications, radio astronomy, and radar.

A dish antenna consists of an active, or driven, element and a passive parabolic or spherical reflector. The driven element can be a dipole antenna or a horn antenna. If a horn is used, it is aimed back at the center of the reflecting dish. The reflector has a diameter of at least several wavelengths. As the wavelength increases (and the frequency decreases), the minimum required dish diameter becomes larger. A dish antenna is usually operated with an unbalanced feed line. For satellite television reception, coaxial cable is used. In applications such as radar where a high-power signal is transmitted, a feed system is preferred.

Satellite communications equipment is used for the transmission, conditioning, and reception of satellite signals in worldwide telecommunications. General specifications include product type, mounting style, and connector type or interface. Impedance is also an important parameter to consider. In terms of performance, satellite communications equipment differs in terms of frequency, operating voltage, output power, and gain, return loss, operating temperature, and operating humidity. Products with features such as remote control, an integrated heat sink, and an embedded power supply are commonly available.

Leather Shoes

Leather footwear are premium products occupying a significant market share in the global market for footwear. Additionally, rising health concerns are influencing individuals to perform indoor and outdoor physical activities. This trend has generated a high demand for athletic shoes, in turn increasing the demand for footwear. Over the past decade, the global market for footwear has witnessed a steady growth and is anticipated to continue at the same pace in the years to come. The estimation of global market is based on revenue generated by the sale of footwear across different geographic regions.

All types of leather boots and shoes are manufactured in India. A modern boot or shoe consists of an “upper” which is attached to a `bottom’. Each of the two parts may consist of a single piece of leather or of two or more pieces. The upper and the bottom are attached to each other by means of thread, tacks, rivets, staple, screws, nails, adhesives etc.

Fashion may come and go, leather antique is well as modern. Its substitutes are only its poor supplements. There is nothing like, leather. India is bound to take a lead in the manufacture of leather and leather products and top the list in the world within this century.

Coloured Flame & Perfumed Candles

Scented candles refer to the candles that have artificial/synthetic or natural fragrance material mixed into the wax emitting pleasant smell while burning. Scented Candles are commercially available in different shapes, sizes, and colors which are used as decorative items or for gifting purpose.

Scented candles are mostly used to create ambience and relieve stress. The high sales of these candles can be attributed to growing popularity of various e-commerce sites, which has helped in creating a strong connection between manufacturers, suppliers and buyers. Vanilla is the most preferred fragrance for scented candles, amounts to almost 50% of the total sales of scented candles. Other popular fragrances include cinnamon, strawberry, peach, and apple or spiced apple scented candles. The upcoming trend of organic scented candles and customizing candle flavors is also leading to surge in sales of scented candles.

With the rise in the number of working population, increasing urbanization coupled with growth in the disposable income along with other social factors such as increasing consumer interest in luxurious lifestyle, changing spending habits with shift towards recreation along with growing consumer awareness will continue to drive the market growth of scented candles from 2016-2022.

The colour candles are covered in Fireworks industry. This type of candles may give any coloured flame depending upon the formulation. This type of candles are quite different than ordinary type of candles. It gives attractive flame in different colors and appeal to the people.

 

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Email: npcs.ei@gmail.com  , info@entrepreneurindia.co

Tel: +91-11-23843955, 23845654, 23845886, 8800733955

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Best Business Ideas for you to Become Your Own Boss

Best Business Ideas for You to Become Your Own Boss

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The term self-employed usually refers to highly successful businessmen; and people are really intimidated to venture into self-employment because the common perception is that starting a business usually requires a lot of money in startup capital.

A successful self-employment is definitely a self-rewarding journey of anyone’s career. Additionally, it allows you to initiate a business by taking a minimum (financial) risk. Self-employment means a person works for himself or herself instead of working for an employer that pays a salary or a wage. A self-employed individual earns his income through conducting profitable operations from a trade or business that he operates directly.

Self-employment is the act of generating income directly from the customers without being an employee of a business. Self-employment is becoming popular in the world including in India and it has its own great advantages too.

Here is a list of few self-employment business opportunities:

Wood Polish

Wood polish is used to protect against abrasions and gives your furniture a shiny appearance. While polish evaporates more quickly than wood wax, it is much easier to apply.

The term wood coatings implies a wide range of products such as stains, varnishes, shellacs, and lacquers, which are commonly used in the domestic and industrial sectors. The significance of wood coatings is that they add depth and warmth to the appearance of the wooden structures. They can be applied in the form of surface coatings, natural finishes, pigmented finishes, penetrating finishes and wax polishes. Depending upon the applications, the usage of wood coatings also varies. The key applications of wood coatings include furniture, cabinets, and side and deck.

Demand for wood protection coatings and preservatives is expected to advance 4.5 percent per year through 2018 to $4.8 billion, as per a study “Solvents.” Growth in the ndustry will primarily be driven by a rebound in residential construction activity, which in turn benefits the major applications in which wood coatings and preservatives are used – namely furniture, decking and siding.

The expected demand for coatings is projected to rise 4.7 percent annually through 2018.  Maintenance end uses account for a slightly higher share of coatings demand, driven by the needs of the large existing base of wood items.  Even so, demand for new coatings in construction-related applications will be the primary impetus for accelerating demand gains through 2018.  Demand for wood preservatives is expected to increase 2.7 percent annually through 2018.  Gains will be supported by the rising production of pressure-treated lumber as construction activity rebounds.  Faster advances will be restrained by the maturity of a number of applications, such as railroad products and utility poles.

Wax Floor Polish

Floor Wax provides deep nourishing protection for new and reclaimed interior wooden floors, giving them a traditional, soft, natural sheen, whilst protecting them against daily wear and tear. Quick drying, non-sticky and buffs easily to a sheen, Floor Wax is also suitable for use on cork floors. Floor wax is generally derived from carnauba wax, a wax that is extracted from the leaves of Brazilian palm trees. It makes perfect sense that a plant indigenous to an extremely hot and humid climate and demanding habitat would provide the most resilient waxes.

Floor Polish rejuvenates and lifts the sheen level of tired, worn floors and is ideal for use on commercial and domestic floors subject to high traffic.

Car Polish

A car wax is a substance which is used primarily to protect the car’s finish and enhance its shine. It generally refers to products containing carnauba wax, which comes from a palm tree, however other natural waxes can also be mixed to enhance capabilities. It is rubbed on the care exteriors and is allowed to dry, creating a protective top layer for the car. Moreover, a car wax also helps in filling minute hair line scratches and enables a smoother surface. The global car wax market is expected to expand with an impressive CAGR over the forecast period.

Boot Polish or Shoe Polish

Boot polish (or Shoe polish) is a waxy paste, cream, or liquid used to polish, shine, and waterproof leather shoes or boots to extend the footwear’s life, and restore, maintain and improve their appearance. Various substances have been used as shoe polish for hundreds of years, starting with natural substances such as wax and tallow. Today, shoe polish is usually made from a mix of natural and synthetic materials, including naphtha, turpentine, dyes, and gum arabic, using straightforward chemical engineering processes. Shoe polish is usually flammable, can be toxic, and, if misused, can stain skin. It should be used in a well-ventilated area with care taken to protect clothes, carpet and furniture.

Metal Polishing Soap

Metal Polishing Soap is mostly used for attaining mirror finishing in Stainless Steel items. Metal Polishing Soap can be used for final polishing in all Aluminium and Stainless steel products.

Features & Benefits:

  • Removes tarnishing, corrosion & contamination
  • Restores a high impact gleam to most metals
  • Use on exhaust tips, polished wheels, metal trim, etc.
  • Easy to use, requires very little ‘elbow grease’!
  • Non-toxic, biodegradable formulation
  • Supplied with polishing sponge

Electropolishing of Steel

Electropolishing is a reverse plating procedure that entails the electrochemical removal of metal impurities (including carbon, silica, and free iron) from a stainless steel surface. The goal is a smooth surface, devoid of burrs or crevices that attract and trap contaminants. Most stainless steel types and forms, i.e. wrought or cast, can be successfully electropolished. Electropolishing of sulphurised free-machining grades, however, does not give a high standard of surface finish.

Abrasive Cake for Granite & Marble Polishing

Granite and Marble polishing stone is an essential item in the civil construction industries. It is made by using some chemical compounds mixed homogeneously and also with flux to it and then it is treated in the oven. The product is formed like stone according to use mould. Mostly used chemicals are available in our country, few of them require to import in our country. The basic technology is available in our country. The basic plant and machineries required for production of the stone is also available in India. The imported machineries can be used for the manufacturing of the stone also. Imported machineries are much more costly items. The market demand is gradually increased day by day. There may be scope of export marble polishing stone. There are few organized and private sectors, engaged in this production. There is good scope available in this production. Few entrepreneurs may enter into this business. It is used for floor polishing. It can be used for polishing of granite and marble.

Magnesite Bonded, Resin Bonded Polishing Brick & Resin Bonded Final Polishing Bricks for Marble and Granite

Granite and Marble polishing stone is an essential item in the civil construction industries. It is made by using some chemical compounds mixed homogeneously and also with flux to it and then it is treated in the oven. The product is formed like stone according to use mould. Mostly used chemicals are available in our country, few of them require to import in our country. The basic technology is available in our country. The basic plant and machineries required for production of the stone is also available in India. The imported machineries can be used for the manufacturing of the stone also. Imported machineries are much more costly items. The market demand is gradually increased day by day. There may be scope of export marble polishing stone. There are few organised and private sectors, engaged in this production. There is good scope available in this production. Few entrepreneurs may enter into this business.

There is rapid urbanisation in India by making European style construction. There is mostly now a day’s construction pattern increase 2-5% per annum. By keeping space with it. There is proportionately increase use of polished granite and marble stone for polishing granite marble. There is essentially need of granite stone polisher. There is use of granite stone polisher increase by 5-7% per annum. There is no fixed data available of used polishing stone per annum. Approximate used stone by valued will be as below.

Magnesite Resin Bond Polishing Bricks for Granite

Granite is the hardest compact structural stone, which is quarried & dressed into blocks of desired sizes and shapes, and in amenable to slicing & polishing. The use of granite & other decorative stones has been increasing world over. India is endowed with vast deposits of these natural resources. Granite is used for construction of different types of structures & sculptures, dwelling memorials, places of worship, statues, monuments, memorials, posh hotels, flower vases, name plates etc. It is also a costly material & is hardest among all structural stones & finds its use only after cutting & polishing.

Granite attains its usefulness & value only after cutting & polishing of the rough blocks in form of slabs, tiles, monuments etc. After receiving mirror like polish it displays beautiful patterns in various colours and shades enhancing elegance of the building in which it is used. It is also fireproof and as well as free from maintenance & pollutants.

Uses & Option in Bond System

  • High-grade magnesite bond for roughing.
  • Resin bond for final finishing
  • Resin bond for polishing

The resin bonding has the advantage of faster and better glass. Its benefits includes sharper and glossy floor.

 

HT & MV Industrial Cubicle Switch Boards

Electric switchboard is a device that directs electricity from one or more sources of supply to several smaller regions of usage. It is an assembly of one or more panels, each of which contains switches that allow electricity to be redirected. These switchboards are used for operating electrical circuits which efficiently hold control switches, indicators and many others.

 

Socks Knitting [EOU]

Socks are widely used hosiery items in India. Men, women, kids and even infants use socks for the protection purpose. Sometimes speciality socks are used by athletics and sportsman. Socks are also a protecting apparel in some industry operation for their workers. Generally, socks come with a wide variety of design, pattern, color and size. Socks of various types and designs can be produced by using cotton yarn, acrylic yarn, and polyester yarn, nylon yarn of different counts, quality and shades.

Socks are commodity products. However, in recent years with the advent of luxury socks and socks for specific application, socks have transformed from commodity items to fashion pieces. Owing to the transformation of this traditional item into a luxury product, the growth of the socks market outpaces the overall growth of the apparel industry. Almost 50% of the men use socks every day. Hence, the robust growth of the men’s apparel industry is expected to be the major driver of the socks industry during the forecast period.

The global socks market was valued at US$42.07 bn in 2016 and it is expected to expand at a CAGR of 6.7% from 2017 to 2025. Although an integral part of the apparel industry, the socks market holds a negligible part in the market dynamics of the apparel industry. However, taking the market growth rate into consideration, the socks market is projected to experience robust growth during the forecast period in contrast to the apparel industry in general. The rising demand for socks is primarily driven by improving fashion trends and the growing retail sector.

Ferrite Magnets

Ferrite magnets or ceramic magnets are the most used magnets. The applications of ferrite magnets are very broad. Ferrite magnets exhibit high resistance to demagnetization, corrosion, and are electrically insulated. They are widely used in various industries due to their stability, tolerance against demagnetization, corrosion resistance, and low price per magnetic output.

Applications:

The range of applications is extremely broad. Because the material is ceramic, it does not rust and it can be used without coating in nearly all applications. Ferrite magnets can be found in applications such as:

  • Speakers
  • Microwave ovens
  • Magnetic filters
  • Pump drives
  • Measuring equipment
  • Toys
  • Reed switches
  • Motors and generators

The global ferrite magnets market is witnessing high growth on account of increasing applications especially in the automotive and consumer electronics. The global ferrite magnets market report estimates the market size of global ferrite magnets market both in terms of volume and revenue. The report provides a comprehensive review of major market drivers, challenges, and key issues. Global ferrite magnets market was valued at $3,907.38 million in 2013 and is expected to reach $5,959.48 million by 2019, at a CAGR of 8.4%. The Ferrite magnets are the low cost permanent magnets as compared to other magnets, and hence they are the most widely consumed permanent magnet materials in the world.

Paper from Rice Husk & Wheat Husk

Paper made from rice and wheat husk is widely used for manufacture of corrugated board. It is used for packing and wrapping and in the manufacture of gummed paper tap. It is also used in wrapping of magazines and journals. There are many end-uses for paper like paper and paper board, newsprint and chemical pulp (used in rayon etc).

Mango Papad (Aam Papad)

Aam papad is an Indian fruit leather made out of mango pulp mixed with concentrated sugar solution and sun dried. It is also known as Aamta (Assamese), amawat (Hindi), mamidi tandra (Telugu), aamsotto (Bengali) and amba vadi (Marathi). Traditional Aam Papad is sweet, although it is available in different varieties. It can be preserved for months making it popular in the off season of mangoes.

Aam papad or mango leather is a sweet sour, yellow, customary Indian snack made from the pulp of mango. The king of fruits is consumed in India in many ways and aam papad recipe is one of them. This sweet looks like a puff pastry with layers of flaky fruit leather. The pulp of mango is mixed with concentrated sugar and sun dried on trays to create layers. It tastes sweet and sour with a prominent mango flavor that lingers. This dish is preserved and it can be enjoyed long after the mango season is over.

Pickles, Murabbas, Sauces & Squashes

Pickle is form of a relish that is made up of either vegetables or fruits that is preserved in brine or vinegar. Pickles are made my immersing the fruits or vegetables in the brine or vinegar solution and stored for a period of time during which the ingredients goes through the pickling process and acquire the desired taste. Pickles are usually sweet or sour in taste and are often spicy. Pickles are prepared to preserve or expand the lifespan of a particular fruit, vegetable or a mix of both, by either anaerobic fermentation in brine or immersion in vinegar. This process typically affects the texture and flavour of the pickles which are then widely consumed with meals as taste enhancers. They are also consumed as toppings in sandwiches, hamburgers and hotdogs. Most pickles are also known for their health benefits as they improve digestion, supply essential minerals and vitamins, reduce ulcers and possess anti-oxidant properties. Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global pickles market reached a value of US$ 10 Billion in 2017.

Sauces have been an integral part in the global food culture. The growing urbanization, high disposable income, and increased interest in multi-cuisine culture are expected to drive the market for these products. Owing to the growing product innovations and product differentiation, the global market for sauces is expected to cross USD 38.8 billion by 2023 at a CAGR of 4.9%.

The rising demand for spices and ethnic food around the world and changing eating patterns with the adoption of multi-cuisine cooking have been the major driving forces for the market growth of sauces. The demand for different kinds of sauces across the Asia-Pacific region shows the diversified trend of the industry.

Squash is a concentrated syrup which is made up of fruit. Squash is generally non-alcoholic in nature as it is not fermented. Generally while manufacturing squash sugar is added, but now a days few company offers sugar free squash. In modern squash, food coloring and additional flavors are also added. In traditional squash some sort of herbal extract such as ginger extract and elderflower extract are also added to enhance the quality of the squash. Squash are also known as cordial. Squash are also used mixed with alcoholic drinks in order to make cocktails. Orange and lime base are the most commonly used squash in any social event. Squash has a large market share in the global market of fruit juices. Squash is very popular in Denmark, India, United Kingdom, Bangladesh, Argentina, Pakistan, Ireland, Indonesia, Israel, Norway, Sweden, South Africa, Cyprus, Kenya, Australia, China and New Zealand.

Squash Market size will witness potential growth owing to its use in food and beverage industry. Strong demand for ready to serve beverages and change in preference from alcoholic and carbonated beverages to healthy drinks will increase their consumption. Growth in demand for natural sweeteners without artificial colours has surged its demand. Squash contains natural ingredients that are rich in vitamins and healthy choice as compared to aerated drinks and anticipated to boost squash market.

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106-E, Kamla Nagar, Opp. Spark Mall,

New Delhi-110007, India.

Email: npcs.ei@gmail.com  , info@entrepreneurindia.co

Tel: +91-11-23843955, 23845654, 23845886, 8800733955

Mobile: +91-9811043595

Website: www.entrepreneurindia.co  , www.niir.org

 

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Planning to Start own Business?

Planning to Start own Business

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Planning to Start own Business? Here are few Best Ideas of Most Profitable Industries

(NPCS Newsletter – Issue 072018)

Project Profiles of below projects can be viewed/ downloaded from http://www.niir.org/profiles/

Today, tens of thousands of people are considering starting a business, and for good reasons. Throughout the world, small and medium scale manufacturing is considered as a profitable business for startup entrepreneurs. Some of the most lucrative industries are light engineering, paper, food processing, rubber, leather, chemical, and agrochemical industry. Apart from these household products, some construction-related products are also in high demand. Small and medium scale industries play the significant role in the GDP.

Small and medium sized enterprises play a central role in the Indian economy. They are a major source of entrepreneurial skills, innovation and employment. SME businesses are the biggest contributor to the economy of any country and the same goes with Indian economy. In fact, SME is one of the most crucial sectors of Indian economy as far as the number of employments generated from this segment. As more than 65% of Indian population lives in rural and semi-rural areas, small business becomes a major source of income for many residing in these areas. After agriculture, small business in India is the second largest employer of human resources.

Manufacturing Business ideas that you can initiate as micro, small, and medium scale basis.

Projects Covered in this issue:

  • Spices (Turmeric, Red Chilli, Dhaniya and Jeera Powder)
  • Readymade Garments
  • Neem Oil (Cold Process)
  • E-commerce
  • IV Cannula and Catheters
  • Biofertilizer and Phosphate Rich Organic Manure (PROM)
  • Pan Masala, Tobacco, Zarda and Kimam
  • Dry Fruits Processing (For Snack, Almond, Pistachio and Cashew Nut)
  • Layer Poultry Farming
  • uPVC Profiles for Doors and Windows
  • Bio-Degradable Products from Sugarcane Bagasse (Plates, Bowls, Spoons and Cups)
  • Sweetener from Rice
  • Aluminium Foil
  • Sodium and Ammonium Molybdate
  • Cashew Nut Shell Oil
  • Mayonnaise
  • Tissue Paper from Recycled Paper
  • Xanthan Gum (Food and Oil Drilling Grade)
  • Aluminium Foil Rolling Mill with PP Caps

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106-E, Kamla Nagar, Near Spark Mall,

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Tel: +91-11-23843955, 23845654, 23845886, 8800733955

Mobile: +91-9811043595

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