Profitable Small Scale Industries
Throughout the world, small-scale manufacturing is considered a profitable business for startup entrepreneurs. The big industries in the world are mostly relying upon these small scale manufacturing business people for the continuous supply of raw materials necessary for their production.
Product manufacturing is an evergreen business globally. And this is one of the most lucrative sector revenue-wise. However, manufacturing business demands startup capital investment initially. The capital investment requires for machinery, equipment, raw materials, staffing and marketing purposes.
However, there are manufacturing opportunities that demand comparatively small startup capital. One of the major vehicles that drive the economy of any nation is the manufacturing industry. Countries that are considered to be industrialized, advanced and economically buoyant are countries with vibrant and active manufacturing sector. No doubt the manufacturing industry is indeed an industry that is wide and all – encompassing – simply because manufacturing is all about producing goods, equipment, chemicals, machines, et al.
Manufacturing business has always been a lucrative field for the people globally. Initially it demands reasonable investment but once it is established it fetches heavy consistent profits. However selecting a good manufacturing business idea is key for the success of the business. There are various manufacturing business ideas across the world where one can start.
If you are considering going into the manufacturing industry, you have the option of starting on a small scale.
Profitable Small Scale Industries- Money making Business Ideas for Startup (when you don’t know what industry to start)-2nd Revised Edition
About the Book:
Author: NPCS Board of Consultants & Engineers
ISBN: 9789381039922
Book Code: NI187
Pages: 520
Indian Price: 975/-
US$: 100-
Publisher: Niir Project Consultancy Services
Micro, Small & Medium Enterprises (MSME) have been playing an important role in the overall economic development of a country like India, where millions of people are unemployed or underemployed. The economic development of any country primarily depends upon the establishment of industries. MSME sector comprises 95 per cent of the total industrial units in the country.
The hunt for funding has been the bane of an entrepreneur’s existence from times of yore. Many abandon their dream to build, create, and innovate in the face of this difficult struggle without realising that a good business idea will eventually pool in the bounty-full once it has secured a place in the market.
Your idea will bring you your company, your company will bring you the people, and the people will bring you the market. A good idea has no monetary value, just a whole lot of bursting potential. Today, the World’s most successful entrepreneurs like Dhiru Bhai Ambani and Karsanbhai Patel – Man behind NIRMA may hold the possibility of building pyramids out of notes, but none of them started at the top of the ladder. Facebook was created out of a Harvard dorm room at minimal cost and Microsoft was formed two years after Gates decided to drop out of college.
For an entrepreneur starting out, it makes good business sense to avoid ideas that require high capital investment in equipment, land, etc. Venturing into the manufacturing business requires to divide time and effort between making business plan, creating the product, and selling. It is best to venture into product areas that requires small to medium investment, which can be returned within few years. If one want to start off on his own, this book provides some manufacturing business ideas with small and medium investment.
The major contents of the book are India Government Loan Schemes for Small Scale Businesses, Government Support for Innovation and Entrepreneurship in India, Pradhan Mantri Mudra Yojana, Packaging and Labeling, Products Packaging, Marketing, Onion Dehydration, Garlic Dehydration, Onion Pickle, Onion Chutney, Garlic Oil, Onion Powder, Ginger Oil, Ginger Powder, Ginger Paste, Tomato Pulp, Tomato Paste, Tomato Ketchup, Tomato Powder, Disposable Blood Bags, Disposable Masks, Disposable Surgical Catheters, Disposable Plastic Syringes, Plastic Cups, Disposable Banana Leaf Plate, Facial Tissue & Baby Wet Wipes, Urea Formaldehyde Resin Adhesive, Toothpaste Production, Gypsum Board, Surgical Absorbent Cotton, Glass Fibre, Complex Fertilizers, Activated Carbon from Wood, Biscuits, Candy, Chocolates, Milk Powder, Instant Noodles, Khakhra, Soft Drinks, Spices and Sample Plant Layouts.
If you ever had an idea that you want to turn into a profitable business endeavor, this book will be a mile stone for you.
Remember Dhirubhai Ambani said, “Ideas are no one’s monopoly Think big, think fast, think ahead.â€
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