Choose The Right Business To Start With Investment Of 2 Crores (Plant And Machinery). Small Scale Manufacturing Business Ideas.
With job uncertainty increasing by the day, there has been a flurry of start-ups in the recent years. While no start-up is ever guaranteed to succeed, innovative ideas have come to light in the process. Today most large business was once just a small startup and with constant effort and proper business plan, they have grown to a large extent.
Micro, Small and Medium Enterprises (MSMEs) sector has emerged as a highly vibrant and dynamic sector of the Indian economy and is widely acclaimed as engine of economic growth, particularly in the context of Make in India initiative of the Government of India.
Hexamethoxymethyl Melamine (HMMM)
Hexamethoxymethyl Melamine (HMMM) HMMM is a Hexa (methoxymethyl) melamine resin. It is used as a crosslinking agent with resorcinol or a novolak resin and as an adhesion promoter in rubber compounds with a variety of substrates. Indian manufacturers and importers imports MELAMINE under HS Code 29.
The global melamine market size is projected to reach USD 10.55 billion by 2026 growing at a CAGR of more than 4.0% from 2019 to 2026, China is expected to witness rapid growth till 2022 with anticipated increased production and additional capacities. The local consumption in the country is expected to be driven by the rapid growth in the real estate market. Melamine consumption in the automobile coatings is expected to witness’s moderately slower growth whereas its use in surface coatings for metal containers and appliances is likely to grow.
LV Control & Power Cables, MV Cables
L.T. means low tension use for below1000 volts normally pvc cables H.T. means high tension cable use for more then1000 volts normally are xlpe shielded cables. Difference between HT and LT Line? Low tension (LT) lines have low voltage (less than 1kV) and high current distribution. (eg.230V/440V).The power supplying to our household applications are at LT. It is used to transmit power at very small distances and uses thicker conductors.
The global melamine market size is reach USD 10.55 billion by 2026 growing at a CAGR of more than 4.0% from 2019 to 2026, Melamine is a chemical substance, obtained in two forms including melamine resins and melamine foams. The chemical content of the two product types is almost same and are used depending upon the type of applications.
Control Panels (Cabinet) Hot Dip Galvanizing
The control panel is used to configure and manage almost all aspects of Windows, including keyboard and mouse functionality, users and passwords, power options, network settings, desktop background, display settings, sound settings, mouse settings, hardware and software options, installation and removal of programs.
The global automotive control panel market has seen a remarkable growth in the global market and it has been observed that, its demand in future is expected to grow with the CAGR of 7%. Based on control panel type, the automotive control panel market has been segmented as manual, push button and touch screen.
Bio-Plastic Products (GLASSES, PLATES ANDBAGS)
India is the third largest plastic consumer in the world, with a total consumption of plastics of about four million tons and a resulting waste production of about two million tons. Bio plastics are those plastic materials that are manufactured by using natural resources. There are two categories of these plastics available in the market biodegrable bio plastics and non-biodegradable bio plastics.
The global biolistic market will experience significant opportunities in the consumer goods and packaging sectors. The packaging applications are expected to experience significant growth with biodegradable mulch films, compostable waste bags, catering products, film packaging, and rigid packaging. The analysts forecast global bio plastics market to grow at a CAGR of 29.3% during the period 2016-2020.
UPVC Pipes
UPVC is a term that stands for Plasticized Polyvinyl Chloride. PVC or polyvinyl chloride is a polymer material that can be heated and molded to get desired products such as pipes. PVC pipes are strong and very hard. However, UPVC is the plasticized PVC in which no plasticizer is included. Hence it is very rigid.
The rising prices of PVC resin which is the main raw material in manufacturing of PVC pipes and fittings is likely to act as a growth restraint in the market. India PVC pipes and fittings market is expected to register a positive double digit CAGR of around 14.7% by revenue during the period FY'2018 - FY'2026.
Surgical Cotton
Surgical cotton is also known as absorbent cotton or cotton wool. It is mainly used for medical purposes in hospitals, nursing homes, dispensaries at home (for first aid) etc. because of its high fluid absorbency. It is better known among masses as absorbent cotton.
The demand for surgical cotton is rapidly increasing in India as more people are getting access to basic health care and the number of people who can afford more complex medical facilities, like surgeries, transplants, etc. has increased in the country.
Furfural from Bagasse and Corncobs
Furfural is an almond-scented, oily colorless liquid that turns yellow to dark brown when exposed to air. It is used as a solvent for refining lubricating oils, as a fungicide and weed killer and in the production of tetrahydrofuran, an important industrial solvent.
The furfural market size is grow from USD 551 million in 2019 to USD 700 million by 2024, at a compound annual growth rate (CAGR) of 4.9%, during the forecast period. Furfural is an organic intermediate obtained using renewable sources. It finds use in various applications such as derivatives and solvents as it is a green chemical and has no adverse effect on the environment during its consumption and production.
Bacteriological Grade Agar
Bacteriological Grade Agar Agar. This type of agar agar is the essential gelling agent in the preparation of Culture media, for microbial growth. The main advantage of this type of agar is the absence of contaminants that can inhibit the optimal growth of microorganisms.
The food industry has witnessed significant growth in the recent past, owing to several factors such as increasing disposable income and the experimental snacking habits of individuals. This has aggravated the demand for several food ingredients in the recent past. Agar agar flakes, being one such ingredient, have been observed to garner significant traction in recent years.
Bricks from Fly Ash
Fly ash bricks are made of waste materials which come from the combustion of coal in thermal power plants. Clay bricks are made of clay which is collected from fertile land or the topsoil.
The demand for bricks is expected to be about 100 billion per year by the turn of the century. Even if only 50% of the estimated demand of 100 billion bricks per year, The global Fly Ash Bricks market was valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025.
Atta Chakki
Chakki is a Punjabi term for a small set of 2 millstones (usually less than 24" in diameter) used to grind corn into flour. With the advent of commercial flour mills in Punjab, the tradition of having a Chakki in every household (once just as common as microwave ovens are today) has disappeared.
Global Flour Market was valued at $200,497 million in 2015 and is expected to reach $270,895 million by 2022, registering a CAGR of 4.4% during the forecast period 2016 - 2022. Wheat is the most widely produced cereal in the world, most of which is for human consumption. Flours are used as an ingredient in the making of bread, bakery items, and corn-based coating of fried food and fast food. In fast food restaurants, the consumption of flour is high as they serve food items such as donuts, burgers, cakes, and fried meat.
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