What Kind of Business is best to Start with Investment of 40 Million (Machinery cost)? Opportunities for Entrepreneurs to Start Own Industry.
Every business comes out of an idea. Businesses are started by men and women who see that people want to buy a particular product or service. A good business idea is essential, or even a prerequisite, for a successful business venture. A business idea is the response of a person or persons, or an organization to solving an identified problem or to meeting perceived needs in the environment (markets, community, etc.) Finding a good idea is the first step in transforming the entrepreneur’s desire and creativity into a business opportunity.
Hospital
A hospital is a health care institution providing patient treatment with specialized staff and equipment which plays an important role in society. Hospitals and health clinic can be very different from other work environments. Outpatient Department (OPD) is very important wing of the hospital serving as mirror. OPD is visited by large section of community. It is the first point of contact between patient and hospital staff.
A hospital system is two or more hospitals owned, sponsored or managed by the same organization. You will sometimes find an organization described as a hospital system or healthcare system when there is just one hospital and a network of outpatient facilities. To achieve such objectives MOH has identified eight initiatives, through which the private sector can participate. These initiatives include medical imaging and radiology, laboratories, medical cities, hospital operation, primary care, long-term care, rehabilitation, and home care.
Related Projects: - Hospitals & Healthcare Medical Sector
Growing incidence of lifestyle diseases, rising demand for affordable healthcare delivery systems due to the increasing healthcare costs, technological advancements, the emergence of telemedicine, rapid health insurance penetration and government initiatives like e-health together with tax benefits and incentives are driving healthcare market in India.
The hospital industry in India accounting for 80% of the total healthcare market, is witnessing a huge investor demand from both global as well as domestic investors. The hospital industry is expected to reach $132 bn by 2023 from $ 61.8 bn in 2017 growing at a CAGR of 16-17%.
Related Books: - Hospitals and Health Clinic
The growth in the geriatric population has increased the demand for acute curative services that are responsive to life-threatening emergencies, chronic illness acute exacerbation, and several routine health problems that require sudden action. Emergency interventions and services are integrated with public health measures and primary care to complete health systems.
TMT Bars, Angles & Pipes
Thermo Mechanically Treated or TMT bars are high-strength reinforcement bars having a hardened outer core and a soft inner core. HYSD: When expanded, HYSD stands for High Yielding Strength Deformed Steel and is also their main characteristic.
Steel is an iron based mixture containing two or more metallic and nonmetallic elements usually dissolving into each other when molten. Steel has been the key material with which the world has reached to a developed position. All the engineering machines, mechanical tools and most importantly building and construction structures like bars, rods, channels, wires, angles etc. are made of steel for its feature being hard and adaptable. The TMT bars are widely used in construction works such as high-rise building, industrial structures, flyovers and bridges etc.
Related Projects: - Pipes and Tubes Based Projects
Global Steel Pipes market is expected to grow at a compound annual growth rate of 3.6% during 2017-2024. Further, the global market is anticipated to reach 79.9 Million metric tons. Growing construction activities across the world and development of oil & gas industries are some major factors which are projected to foster the growth of global market of steel pipes.
Related Books: - Steel, Iron, Ferrous, Non-Ferrous Metals
The global steel pipe market is expected to grow during the upcoming years owing to the features of steel such as reliability and durability. The wide range of usability of the steel pipe has increased demand of steel pipe in the market. The growing demand of replacing ageing pipes with the steel pipes boost the global demand of steel pipes. The increased demand of steel pipes is another factor propelling growth of the global steel pipe market.
Disposable Baby Diaper
A disposable diaper consists of an absorbent pad sandwiched between two sheets of nonwoven fabric. When properly fitted, the disposable diaper will retain body fluids which pass through the permeable top sheet and are absorbed into the pad. Disposable diapers are a relatively recent invention.
A diaper or nappy is a kind of underwear that allows one to defecate or urinate in a discreet manner. Modern disposable baby diapers and incontinence products have a layered construction, which allows the transfer and distribution of urine to an absorbent core structure where it is locked in.
Related Projects: - Disposable Products and Projects
India Diaper (Baby & Adult) 2023 of the diaper industry in India. In India, the hygiene products market has shown an explosive growth in recent years. Among other things, the growth of the diaper industry is a consequence of changing Indian demographics. In India, the middle class is growing, the number of women and infants are increasing, public health consciousness is continuously strengthening, and purchasing power is gradually improving, which in turn has helped the country to achieve a relatively high level of economic development.
The global baby diapers market was valued at $48,121.00 million in 2017, and is projected to reach $78,420.00 million by 2025, registering a CAGR of 6.3% from 2018 to 2025. The baby diapers market growth is considerably impacted by female working ratio increase in the number of working women is anticipated to fuel the demand for baby diapers. The ratio is anticipated to increase in the near future, owing to surge in participation of women in labor force in various Latin American and Middle East & North African countries. Moreover, rise in disposable income is projected to influence the purchasing power of customers, thereby supplementing the growth of the market.
Related Books: - Disposable Products
Today’s baby diaper market has grown increasingly complex with changing customer’s preferences. Ongoing advancements in the fabric used in a diaper, absorption capabilities, and special user-friendly features of diapers have led competitors to gain higher market.
Beer Plant
Beer is one of the oldest and most widely consumed alcoholic drinks in the world. It is also the third most popular drink overall after water and tea. Beer is brewed from cereal grains most commonly from malted barley, though wheat, maize (corn), and rice are also used. Beer contains approximately 90% water, and the importance of the liquor to final beer quality cannot be over-estimated. Historically a correlation was observed between the liquor composition of an area and the type of beer that the region could best brew.
The Indian beer market is expected to grow with a CAGR of 9.9% over the 2019-2025. The beer market is matured in India over the years but still, it is highly confined to limited varieties. Traditionally Beer started in Europe and African Countries. Beer Industry in India unlike other emerging economy is still very traditional in nature and is largely controlled by Cooperatives and Independent Beer companies.
Related Projects: - Beer and Wine Projects
Beer is gradually more acceptable as a social drink and the urban youth in particular favors it as the preferred alcoholic beverage. The Indian beer market is progressively attractive and it is anticipated that the beer market.
At present there are more than 60 beer brands available in the India alcohol beverage market. The majority of beer’s market growth is driven by young consumers and the consumers who consider beer a trendy drink, as compared with other traditional spirits. There is also a significant demand for foreign beer in the urban markets. The maximum levels of beer consumption in India are observed in the southern states. The healthy growth rate for the beer industry is an indication of the huge potential of opportunities open for breweries and beer brands marketing in India.
Related Books: - Alcoholic and Non Alcoholic Beverages
Indian is primarily a strong beer consuming nation but consumers are slowly shifting towards mild beers owing to changing consumer taste, and rise in the availability of the product. The market is attracting many foreign players. The growth in the urban population has led the consumers to adopt improved lifestyle and better living.
Truck Body Building
Automobile body (Bus Body) building is an important activity. The chasis are supplied by Automobile manufacturers, and body is built by automobile body builders as per the requirements of the customer and specifications of the different State Transport Undertakings.
Related Projects: - Automobile Industry and Auto Components
A truck or lorry is a motor vehicle designed to transport cargo. Trucks vary greatly in size, power, and configuration; smaller varieties may be mechanically similar to some automobiles. Commercial trucks can be very large and powerful, and may be configured to mount specialized equipment, such as in the case of fire trucks and concrete mixers and suction excavators.
The permeating middle class is increasing the demand for commodity and consumption goods. High rate of urbanization and development in infrastructure and facilities will increase economic activity. Ecommerce has emerged as a vital segment in the logistics sector, with the involvement of multinational companies competing to capitalize on opportunities. Overall manufacturing and industrial segment has garnered investment due to prevailing favorable economic conditions. The commercial vehicle market in India, which is a direct indicator of economic activity, is expected to grow at a CAGR of 2.97% from 2018 to 2030, with trucks performing at 2.82% CAGR and buses performing at 4.36% CAGR.
Related Books: - Automobile Industry, Automotive Components & Allied Products
HDPE and UPVC Pipes
HDPE pipe is a type of flexible plastic pipe used for fluid and gas transfer and is often used to replace ageing concrete or steel mains pipelines. Made from the thermoplastic HDPE (high-density polyethylene), its high level of impermeability and strong molecular bond make it suitable for high pressure pipelines. HDPE pipe is used across the globe for applications such as water mains, gas mains, ewer mains, slurry transfer lines, rural irrigation, fire system supply lines, electrical and communications conduit, and storm water and drainage pipes.
Related Projects: - HDPE and UPVC Pipes
The global HDPE pipes market was valued at $17,907 million in 2017 and is projected to reach $26,518 million by 2025, growing at a CAGR of 5% from 2018 to 2025. High density polyethylene pipes (HDPE) are electrical conduits made from graded raw materials such as PE 63, PE 80, and PE 100. These pipes are one of the most premier mediums of conveying and transporting chemicals, water, and gases. One of the major advantages of utilizing HDPE pipes is that they are 6-8 times lighter than conventional cast iron and galvanized iron pipes. In addition, high density polyethylene pipes are non-corrosive in nature, which makes them suitable for water transportation. The advantageous properties of HDPE pipes make them appropriate for numerous applications including flood irrigation, drip irrigation, portable water supply & distribution, sewage & industrial effluent disposal, air-conditioning & refrigeration ducting, electrical installations, and drainage pipes.
Related Books: - High-density (HDPE), Pipe & Pipe Fittings
The market can be segmented into UPVC, CPVC, HDPE, LDPE, PPR, PPH pipes and fittings and others. Of these, UPVC has accounted for the highest revenue share, followed by HDPE pipes and fittings. The primary growth drivers for the market have been growing sanitation and agriculture sectors in India.
High Tensile Nuts & Bolts (For Automobile Industry)
A fastener is a connective mechanism that mechanically joins or affixes two or more objects together. A bolt is an externally threaded fastener designed for insertion through holes in assembled parts, and is normally intended to be tightened or released by torqueing a nut. A nut is a type of hardware fastener with a threaded hole. Nuts are almost always used opposite a mating bolt to fasten a stack of parts together. Nuts and Bolts are most commonly used items in the family of industrial fasteners and their demand is fast increasing due to expansion of industries in the country. Bolt is a piece of metal rod whose one end is upset and at the other end threading is done. Nut is device, which rolls on these threads.
Related Projects: - Automobile Industry and Auto Components
The Industrial Fasteners market is anticipated to grow at a rate of 5.5 percent by 2026, to reach USD 138.7 billion in 2026 from USD 86.34 billion in 2018. The market is expected to witness significant growth over the next nine years on account of mounting demand in the automotive industry. The increasing need for nuts, screws, bolts, studs, rivets, nails and washers is expected to fuel growth. Besides, growing construction industry as a result of economic growth and industrialization in emerging markets including China, India, Vietnam, Malaysia, and Thailand is expected to drive the need further.
High-tensile fasteners are mainly used in the construction and engineering sector, whereas mild steel fasteners are used in manufacturing automobiles. Currently, there has been a shift in preference of manufacturing fasteners by using stainless steel, iron, brass, aluminium, nickel and plastics and composites.
Related Books: - Automobile Industry
Increasing sale of automobiles in India is significantly driving the growth of the auto ancillary market in the country, including automobile sector-specific fasteners. Growing usage of fasteners for manufacturing automotive parts such as engines, chassis, molding, suspension system and wheels among others, is expected to drive the growth of the Indian industrial fasteners market
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