Introduction
Atmanirbhar Bharat is the vision of the Prime
Minister of India Narendra Modi of making India a
self-reliant nation.
The first mention of this came in the
form of the 'Atmanirbhar Bharat
Abhiyan' or 'Self-Reliant India Mission'
during the announcement of the
coronavirus pandemic related economic
package on 12 May 2020.
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This self-reliant policy does not aim
to be protectionist in nature and as
the Finance Minister clarified, "self-
reliant India does not mean cutting
off from rest of the world".
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The law and IT minister, Ravi Shankar Prasad,
said that self-reliance does "not mean
isolating away from the world. Foreign direct
investment is welcome, technology is
welcome [...] self-reliant India... translates to
being a bigger and more important part of
the global economy."
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As part of the Atmanirbhar Bharat
package, numerous government
decisions have taken place such as
changing the definition of MSMEs,
boosting scope for private
participation in numerous sectors,
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increasing FDI in the defence
sector; and the vision has found
support in many sectors such as
the solar manufacturers sector.
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The growth of India's personal
protective equipment (PPE) sector
from zero before March, to 1,50,000
pieces a day by the beginning of May,
is considered as a fine example of a
self-reliant India.
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The PPE industry in India has
become a ₹7,000 crore (US$980
million) in two months, the second
largest after China. The largest fund
in the country worth ₹21,000 crore
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(US$2.9 billion) was setup by the
IIT Alumni Council with the aim
of supporting the mission
towards self-reliance.
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List of industries
you can start
Visit:
For Project Reports:
https://www.eiriindia.org/Industrial_Project_Reports
For Technology Books:
https://www.eiriindia.org/Industrial_Books_And_Project_CDs
For Formulations:
https://www.eiriindia.org/project-report-handbook-formulae-with-formulation-technology-4430
Toys Making
Toys have a very large market. No matter the
area, language, and color, children easily
relate with toys. It is so simple business that
anyone can initiate it. Moreover, the
machinery is easy to understand and raw
materials can be found almost everywhere.
Visit: Project Report on Toy Manufacturing
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Paper Making
The paper industry has a large market despite the
fact that the campaign for preserving trees is
gaining prominence in different parts of the world.
Paper is used in schools, offices, and homes, small
businesses, companies, and organizations. Well! It
seems like the world can’t do any better without
paper. Visit: Project Report on Paper Industry
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Agarbatti Making
Agarbatti making is a profitable manufacturing
business. The Agarbatti is used in houses,
religious places, and social functions. The
agarbatti is actually an aromatic paste with
good fragrance. This business is good for
countries where religious and social functions
are common. Book on
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Aluminum Door Window Manufacturing
Agarbatti making is a profitable manufacturing
business. The Agarbatti is used in houses,
religious places, and social functions. The
agarbatti is actually an aromatic paste with
good fragrance. This business is good for
countries where religious and social functions
are common.
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Aluminum Door Window Manufacturing
The Aluminum door window manufacturing is
one of the low-cost manufacturing businesses.
This light engineering industry sector is
lucrative to get into.It can be started from the
home-based workshop. It appeals to those
entrepreneurs who have construction and
mechanical aptitude.
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Bakery
The bakery is a profitable small-scale
manufacturing business in the food industry.
The marketing plays a major role in the success
of a bakery business. Once a product of yours
start selling good, you can add other related
products to your list side by side.
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Electrical Bulbs and Fittings Production
Electric bulbs and fittings are almost found in
every building nowadays. This tells that there is
a good market for these products. When it
comes to attracting buyers, this manufacturing
industry is really good. However, the
competition is stiff and is likely to become very
hard in the near future.
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Banana Wafer Making
Banana wafer making is a small manufacturing
business that can get you money from both
local and export markets. Banana is consumed
in different ways, including making wafer. A
major portion of it, however, is used a fresh
fruit.
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Bindi Making
Bindi has a good market in India. Women
traditionally used Kumkum, which is now
replaced by Bindi. The Bindi making is an easy
process. One can start this business with
relatively low startup capital from a home-
based facility.
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Kitchen Utensils and Cutleries Production
Utensil and cutleries are essential items in
homes, hotels and restaurant, and small cafes
or canteens. Food is our need and therefore,
kitchen utensils will be required until we live.
This gives an idea about the large market of
kitchen utensils and cutleries.
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Biscuit Making
Although there are many brands now that
prepare biscuit in automatic plants, some
people still prefer fresh biscuits from local
stores and bakeries. Some people prefer them
because of the low prices. If you think of
getting into biscuit making industry, make sure
you make a variety of biscuits.
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Blouse Hook Making
Blouse hook is an essential part of the garment
and clothing industry, and every wholesaler,
retailer, tailor and alteration services providers
buy it. It is a low investment business having
handsome money. In the beginning, however,
you will have to spend on marketing, and
hence, the profit will be less.
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Bread Production
Bread production is a lucrative small-scale
industry. Fresh bread always has a demand in
cities as well as in small towns. Bread provides
our body with fiber and carbohydrates and
hence, it is listed among our daily needs. The
process of making bread is not complex. It,
however, requires hard work for sure.
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Drugs Manufacturing
One of the best manufacturing business ideas is
drugs manufacturing. You can start
manufacturing generic and non-generic drugs.
This small scale manufacturing business
industry is highly regulated. You would need a
special business license and permit to get into
this business legally.
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Candle Making
It is one of the easiest small manufacturing
business ideas. People use candles for religious
and decoration purposes. Birthday party’s cakes
essentially have small candles. In the past, long
white candles were used, however, now the
demand for the decorative and scented candle is
high.
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Cashew Processing
Cashew processing can be a small export-
oriented manufacturing business. The process of
cashew processing involves cutting, drying,
peeling and packing etc. The cashew nuts are
popular all over the world. They, however, are
native to Brazil. Now, they are grown in huge
quantities in Africa and India too.
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Fertilizer Production
Many countries in the world have an
underdeveloped agriculture sector. Therefore,
people are encouraged to contribute to the
progress of this sector. Hence, fertilizers
production industry is what you can consider
going into.
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Chalk Making
In a few developing countries, still, chalk is used
for writing. If you’re living in such country, you
can get into making chalks. Chalks aren’t only
used in schools, but also help the tailors,
constructors, furniture maker and many other
small industries.
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Cheesecake Making
Cheesecake making is among good small scale
manufacturing business ideas. The main
ingredients you’ll require are cheese, sugars,
wheat flour, eggs, strawberries, vegetable oil,
salt, preservatives, color, starch, essence, and
maize.
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Chemical Production
Chemical production industry is huge, and
therefore, you’ll have to choose what sort of
chemical you want to specialize in.
It could be related to washing, preserving foods,
laboratory chemicals or other market products.
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Chocolate Making
Who doesn’t like chocolates? Chocolate making
is one of the most profitable food
manufacturing business ideas. You can decide
on making different types of chocolates.
However, the easily available raw materials
should be preferred to provide people with low-
cost chocolates.
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Coconut Milk Powder Production
One of the trendy manufacturing business is
coconut milk power production. Having many
benefits, coconut milk powder has a huge
market. Moreover, it doesn’t require much place
to be stored and is less costly while bulk
packing.
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Nails, Nuts and Bolts Manufacturing
Nails, Nuts, and Bolts are important stuff in the
construction, carpentry, and engineering
industries. Operating this business on a small
scale will earn you decent money. You can,
however, explore international markets too, if
you want.
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Coconut Oil Manufacturing
Coconut oil is used in cooking, soaps making,
detergents, hair oils, and many cosmetics.
Definitely, it has a good market. You should be
careful while choosing your location for a
coconut oil manufacturing business. This is
important as raw materials may not be available
in some areas.
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Concrete Block Manufacturing
Concrete block manufacturing requires simple
machinery. It could be started anywhere where
raw materials are easily approachable. Homes,
apartments, plazas are being constructed very
fast in big cities. Hence, the demand for the
concrete block is high.
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Tyre Manufacturing
Tyre manufacturing business is a high capital
requiring business and is highly profitable.
The demand of the tyres can be estimated from
the fact that there is hardly a place where there
are no automobiles.
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Condensed Milk Production
This food processing business has good
domestic and export sectors.
Good quality milk is the only required raw
material. You’ll need relatively high investment
to get started in condensed milk production.
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Conveyor Belt Manufacturing
The conveyor belt is an essential item for
production units, and its demand is steadily
increasing. It is considered one of the low cost
small manufacturing business ideas. The
conveyor’s belts are required in thermal plants,
fertilizer plants, railways, and chemical plants.
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Hand Tools Manufacturing
Hand tools like hammers, screwdrivers, scissors,
hand saw, and cutters are essential items in our
homes. If you’re a creative person, you can get
into this profitable venture. In order to get into
hand tools manufacturing, you must do little
market research first for type of tools in
demand.
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Cotton Buds Making
Cotton buds making require a little cost. These
buds are used for cosmetics and cleaning. For
example, cleaning the ear. If you get into this
business, you’ll have to make different types of
cotton buds. Targeting a small area and covering
its needs is always a good option in this
business, especially in the beginning.
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Custard Powder Production
It is one of the best food manufacturing
business ideas. Easy availability of raw materials
i.e. cornflour, starch, food color, and essence,
actually makes it profitable.
You can set up small scale business by buying
simple machinery.
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Manufacturing of Balls (Sports)
Sports products are embraced by many. If you’re
such type of person, you might want to open
sports Balls Company. Surely you will get tons of
individuals to buy your company’s balls. You,
however, will need to market your ball by
results-oriented techniques.
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Dalia Production
How about readymade foods? Dalia is
something nutritional and has a good market.
Moreover, the process of Dalia production is
quite simple. You’ll need to acquire a few things.
In countries, like India and Pakistan, it won’t
need you to have a license.
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Dal Milling
There are many profitable milling business
ideas. But you should definitely look for the raw
material availability. You can select the types of
pulses that are easily available in your area. This
would lessen the initial capital and hence,
lessens your burden.
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Designer Lace Making
One of home based manufacturing business is
designer lace making. It requires a relatively low
investment. Being an important part of the
textile and garment industry, lace attracts
almost every women. With the increase in
fashion, the demand for lace has increased
drastically.
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Manufacturing of Cooking Stoves
Many people use the cooking stove in their
homes. If you’re living in a country where
cooking stoves are common, you should
consider this manufacturing business. There are
many countries especially in continent Africa
and Asia, where stove usage is really
astonishing.
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Designer Saree Making
Designer Sarees are very popular in India among
women.
If you’re an Indian, you could get into this
profitable business. Try to know the current
styles and trendy fashion, you surely will thrive
your business.
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Manufacturing of Trampoline
This is another profitable small scale
manufacturing business if you start it in the right
location. You should think well before choosing
the location of your business. This is because of
its market. People at many places might have
alternatives and hence, it might give you harm.
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Drinking Straw Making
How about the very small investment that you
already have? Drinking straw making business is
an opportunity that is really less costly. Almost
every small shops, bars, and cafes would need a
straw to serve people their drinks. If you provide
inexpensive straws, you will make your business
known soon.
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Diary Making
People buy different types of diaries in order to
write their life experiences. Some diaries are
used by school kids. You can think of different
designs and make unique diaries with beautiful
covers. Later you can expand your business by
starting related manufacturing registers and
notebooks.
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Manufacturing of Inks and Cartridges
Inks and cartridges are essential for computers
and printers. Having a large market, it ensures
the entrepreneurs to gulp a good money. It is
indeed an awesome idea if you’re really willing
to put hard work into it.
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Energy Drink Production
One of the trending manufacture business ideas
is energy drink production. It may not require
high investment initially, but it would require a
good promotion.
If your energy drink is of standard quality, you
may get it into the market.
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Envelope Making
The paper envelope is among the daily
necessities for many places, including homes,
educational organizations, and small offices. You
can initiate a small scale production of envelope
making. You can either establish automatic or
manual machines for this work.
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Rugs and Rubber Carpets Manufacturing
Rugs and rubber carpets factory can also earn
you good money. It, however, requires good
marketing and promotion strategies. Before
getting into it, you’ll have to conduct a market
survey and feasibility study.
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Eraser Making
There is no place where eraser won’t be
needed. Is there? Students, bookkeepers,
artists, and clerical staff needs them for
correcting the mistakes. You won’t have to
worry about the market because there is high
demand. Moreover, it costs little to start.
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Exercise Book Manufacturing
Like diaries, exercise book is another stationery
item that you can make. The demand is mainly
because the kids require them to learn to write.
In order to get into a profitable venture, you
should network with private schools and provide
them with exercise books for their pupils.
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File and folders manufacturing
This business produces files and folders to help
schools, post offices, and other offices. It can be
a soon successful business for you if you work
hard initially. The best part is that you won’t
have to struggle with the finances as it requires
very low investment, unlike other businesses.
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Manufacturing of Plastic Bottles
Many manufacturing industries require plastic
bottles to pack their products, for example, food
and drink and the chemical industry. This means
they buy plastic bottles from other
manufacturers, right? Well, you can be the one
to provide them with these bottles.
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Flour Production
Flour production is another manufacturing
business you can consider to start. It, however,
is a bit capital intensive. This is because you’ll
need to buy a good machinery to produce
different types of flour. Wheat flour, brown flour,
and whole wheat flour are the main types of
flour that you’ll make.
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French Fry Making
French fries are now popular almost everywhere
in the world. Therefore, one gets the advantage
of the room it has for new entrepreneurs. High-
quality French fries will always have high
demand. In addition to local markets, French
fries can also be exported.
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Mobile Phones Accessories Manufacturing
With the advancement in technology, the
mobile phone accessories demand is on the
increase. The main products you can make in
this industry are earphones, Bluetooth devices,
chargers, power banks, casing, and batteries etc.
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Fruit Bar Making
One of the most profitable and low cost
manufacturing business is fruit bar making. You
won’t have to struggle much in marketing as
fruit bars are already has a huge market.
However, you must ensure good quality bars. A
good thing about this business is that you can
initiate it from home also.
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Fruit Juice Production
Among the food manufacturing businesses, fruit
juice is very popular, especially in the summer.
However, it may not be a good business in an
area where winter remains for longer times. In
addition, you should consider the availability of
raw materials while choosing the location for
your business.
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Production of Water Tanks, Buckets and Pails,
etc
Production of water tanks, buckets and pails can
make you wealthy for sure. A good number of
people buys these things daily. If you’re looking
a business for a long run, it is among the best
small manufacturing business ideas.
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Gem Clip Making
Paper clips are small yet important items in
schools and offices. Its production is simple. It is
a business that can be started as a part-time
business.
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Ginger Garlic Paste Processing
Ginger and Garlic paste is used in food
preparations. It mainly acts as a condiment. In
addition to this, it is also used in medicine
preparation. Nowadays spices usage is on the
increase, especially the ones that provide the
instant taste. Ginger garlic is one of them.
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Production of Padlocks and Keys
Padlocks and keys production can be a great
experience and a profitable venture. You might
face competition because every second person
now is getting into this trade. The return on
investment in this business is great, and hence,
you won’t have to worry about the initial
investment.
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Ginger Oil Production
Are you living in a place where ginger
production is high? Well! You can start oil
extraction from ginger and send it to the local
markets as well as abroad. India leads in the
production of Ginger, and hence, it could be a
profitable manufacturing idea for the people
living in India.
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Grape Wine Making
Winemaking is a big business. Many people will
love to get into it if they look at the profit.
Some, however, believe that their personalities
do not suit this business, and hence, they look
for other business ideas.
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Groundnut and Olive Oil Production
If you want to target a smaller market with low
competition, then Groundnut and Olive oil
production is a good manufacturing business
idea for you. Right place, however, will be a
must to get your business going well. You’ll have
to check the market and sources for raw
materials before getting started.
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Hair Band Making
With the change in trends and fashions, the
hairbands are now more popular than they were
in the past. This business offers good profits
with low investment requirement. You’ll have to
aware yourself with modern trends and make
different and colorful bands.
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Soaps and Detergent Production
Who doesn’t need soap and detergents?
Without soap and detergents, the cleaning work
would have been really difficult. Soaps and
detergents production is something you can
consider to start. Make sure you are ready to get
into it, meaning that you should have everything
that it requires.
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Hand Made Paper Making
Students use handmade papers for project work
and craft making in school, colleges, and
universities. Different types of handmade papers
you’ll need to make in this business are
watermarked papers, filter papers, drawing
sheets, and charts etc.
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Ropes Productions
You know that almost every home needs ropes
for some purpose. Right? Now, you have the
idea of the market it has. Once you think of
getting into rope production business, be sure to
make different types of rope.
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Honey Processing
The honey processing means the removal of wax
and other unwanted particles from honey. For
honey processing, you’ll need to establish
processing units. These units can be manual
units or electrically driven. The overall process is
easy and anyone can start it.
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Hospital Rubber Goods Consumable
There are many small rubber products that are
used as essential items in hospitals and clinics.
Some important of them are small rubber pipes,
gloves, bags, and bottles. These products give
good profits, however, you’ll need to talk to
private hospitals owners if they want to use your
products.
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Manufacturing of Buttons for Clothes
Small buttons can make you a millionaire. There
is a huge market for buttons, as the clothes are
gonna need them before they are ready to be
used. You must ensure to make unique and cool
designs with different sizes and colors. Try to
befriend business owners in the industries that
might need buttons.
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Ice Block Manufacturing
Ice blocks are essential for the preservation of
food while transporting them. In many
underdeveloped countries, ice blocks are mixed
with hot water in summers, especially in small
towns and villages.
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Ice Cream Cone Making
Who doesn’t love ice cream? One of the low-
cost manufacturing business is ice cream cone
making. The demand is huge. However, being
seasonal you might not like to consider this
business.
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Ice Cream Making
Similar to Ice cream cones making, ice cream
making can also be started. With tasty flavors
and different colors, you can get people eyes on
your brand. It is highly profitable, especially in
summer. You can do some other business in
winter seasons too.
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Air Freshener Production
One of the lowest investment requiring
manufacturing business is air freshener
production. You can start your own successful
air freshener production company if you can
make a unique and pleasant smell fresheners.
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Invitation Card Making
Sending invitation cards to people you know is a
trend in modern marriages. This industry is now
booming and still, the demand is on the
increase. No special skills are required to make
invitation cards. You can start this business with
a small investment and get it booming soon.
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Jam Jelly Making
Many small products give huge profits. Jam jelly
making is one of them. It is easy to start.
However, one thing is for sure that you’ll need
to win the heart of the consumers if you wanna
get into food manufacturing businesses.
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Jute Bag Making
Jute Bag making business is good in countries
where jute is produced in huge quantities.
You must be careful while choosing the location
for your business. Try to get a location where
natural jute is easily available.
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Jewelry Production
It is one of the best small scale manufacturing
business ideas. There is a good room for new
entrepreneurs to start small, medium, and large
scale businesses in this industry.
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Latex Rubber Thread
Latex rubber is a raw material for many
important items such as fishing baits, toys, and
many small medical consumables. The latex
rubber thread-making business alone can earn
you big money. However, you are to think about
the business expansion potential too for the
future.
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Lathe Machine Unit
It is another small scale manufacturing business
ideas that cost little. Lathe machine is used for
cutting materials. It can be used for turning and
milling also.
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Leather Bag Making
There are different types of bags that are
designed for different purposes. For example,
school bags, handbags, fashions bags, camera
bags, traveling bags, and tool bags etc. It is one
of the best manufacturing businesses to start.
Here you can also choose to specialize in one
type of bag.
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Lemonade Making
Lemonade is a soft drink. The raw materials are
easily available almost everywhere in the world.
However, the management in this business is
difficult. Though it won’t cost big money, it still
would require raw materials in huge quantity
initially and a big place for making and storing
lemonade.
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Textile Production
One of the largest global markets is for textile
products. It is among the most profitable manufa-
cturing business ideas. You can try to decrease the
initial cost by keeping an eye on your expenses. For
example, you choose a less costly place for work,
start small and then gradually expand it, you must
invest what you earn right away.
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Liquid Soap Making
One of the less capital intensive manufacturing
business is liquid soap making. It’s actually the
specializing in one part out of soap and
detergent industry. The soaps you’ll need to
make once you get into this business are hand
wash, body soaps, liquid detergents, and
facewash etc.
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Livestock Feed Production
Different types of livestock feed are being made
nowadays. These include cattle feed, poultry
feed, and fish feeds. You can start to make one
type of feed depending on the requirement in
your target area. Once you’re settled financially,
you can start to make other types of feeds too.
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Furniture Manufacturing
Furniture is an essential item in offices, homes,
educational institution, and almost every
building facility. Different types of furniture are
required in different places. You can either make
all essential furniture items or can specialize in a
single one.
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Meat Processing
Almost all meat products are treated either
physically or chemically, and that requires
processing technology. The overall investment
requirement is low, and the business can be
made successful in a short period of time.
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Diapers and Baby Wipes Production
Parents require diapers and baby wipes for their
kids. They don’t have any other option to go for
rather than buying diapers. This shows how
large market these products have. Make sure
you make affordable products because this is
gonna help you attract a good market within no
time.
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Microbrewery
How about beer production? The beer industry
is a multibillion-dollar industry. It requires huge
investment when it comes to large scale
production of beer. However, one can think of
starting a microbrewery company. Beer
manufacturing business requires license and
permits.
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Milling Business
Milling business is a great manufacturing
business opportunity in developing countries.
There are many types of mills one can consider
to start. This business industry is great for small
manufacturers. However, big business mind
people can choose to start a mill that has
expansion potential.
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Water Closet and Ceramic Wares Production
Building facilities necessarily require washing
hand basins and water closets. Someone has to
provide such products to the buildings that are
being made so fast nowadays. It is a thriving
business to get into.
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Mini Paper Mill
The mini paper mill is an excellent manufacture
business for the areas where the woods are
easily accessible. Starting a mini paper mill
requires permits and license and it requires
substantial investment at the start.
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Naphthalene Ball Making
Naphthalene balls are generally used as
preservatives and deodorants. They preserve
woolen clothes and also help in cleansing the
toilets and bathrooms. The naphthalene balls
requirements are huge in major cities. Everyone
likes clean things and awareness is everywhere
now.
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Mattress and Pillow Manufacturing
Everyone needs mattresses and pillows in their
homes, right? This shows that there is a large
market for pillow and mattress. You should not
be afraid of the competition here if you believe
that you can produce good quality pillow and
mattress.
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Noodles Making
Noodles making is among the booming
manufacturing business opportunities. The
noodles production is quite simple. The noodles
demand is increasing fast and different types of
noodles are now in the market.
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Eye Glasses and Frames Manufacturing
One can say that brand work well in this
industry. In the beginning, you might face
difficulties too. However, if you’re determined to
make creative and great quality eyeglasses and
frames, you will stick out your name. The market
for this stuff is good.
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Packaged Drinking Water Production
In cities, there is a problem finding pure drinking
water. Therefore, people instead of drinking tap
water prefer to buy packaged drinking water.
There are already many packaged drinking water
production business in almost every part of the
world. You can start your own brand.
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Packaging Box Manufacturing
Packing boxes are essential items for many
manufacturing industries as every product
needs to be packed before its send to the
market. It requires low investment and is a
lucrative business. Moreover, the process of
production of the packaging box isn’t difficult.
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Picture Frames Manufacturing
It is one of the low-cost manufacturing
businesses. You’ll need to produce different
sizes and shapes of photo frames. The
competition is not tough, however, you’ll still
need to produce great photo frames to compete
in this industry.
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Palm Oil Processing
It is another manufacturing business is the
foodservice sector. Palm oil is edible and is
extracted from the palm fruits. It might be
relatively expensive to start as processing units
and transport services will be required at the
least.
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Papad Making
Papad is a profitable product to be made in
countries like India. It is quite easy to start and
you require very low investment. Such products
won’t take any time becoming popular if you
contact a few good distributors. Starting a small
business can later become a brand.
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Paper Bag Making
Paper bag making is a profitable manufacturing
business opportunity in the paper industry. Like
leather bags, there is a good market for paper
bags. Shopping bags, craft paper bags, gift bags,
and many other types of small paper bags are
now in the market.
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Paper Cup Making
The restaurant, cafes, and other food services
shops in major cities now prefer to serve food in
paper made glasses, plates, cups. This is
because they are disposable. Such paper
products prevent liquid leakage or soaking
through the paper.
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Cement Manufacturing
Cement manufacturing requires relatively high
investment. The good thing is that you won’t
have to struggle much to sell your cement. A lot
of development projects are ongoing in almost
every city. Cement manufacturing is a profitable
manufacturing business idea for places with
great ongoing construction work.
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Ceramic Tiles
Ceramic tiles are cheap nowadays. Many people
choose ceramic tiles as they are affordable and
easy to maintain. If you want to start on a small
scale, you’ll need to network with nearby
construction companies or you can export your
ceramic titles to other countries.
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Phenyl Floor Cleaner Making
Floor cleaning requires phenyl. It is a chemical
product that makes the cleaning easier. With
traditional products, the cleaning isn’t as good
as with phenyl.
Small scale manufacturing unit of phenyl can be
established with low capital.
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Slipper Manufacturing
Who doesn’t use slipper as casual wear? Well,
almost every one of us does. The population is
increasing, and hence, the demand for slipper
footwear. It can be a business from home.
However, you must work hard in order to get
people eyes on your products.
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Spice Powder Making
There is a good room for new entrepreneurs,
and hence, availing the opportunity, they can
start small, medium and large scale businesses
in this industry. This business can be a home-
based business. However, this business will need
you get the relevant information on making and
consuming spices.
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Tomato Processing
Tomato is a vegetable that is available
throughout the year. The most popular things
you can make from tomato are tomato sauce,
juice, ketchup, and puree etc. Simple machinery
is needed to initiate this business. However,
you’ll need to look for a place where you could
easily get enough tomatoes for processing.
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Manufacturing of Stationeries
Student and teacher require stationeries like
pencil, erasers, sharpener, staplers, compass,
rulers and board in schools. There is a large
market for such items, hence, you can consider
getting into this manufacturing business.
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Manufacturing of Wristwatches and Wall
Clocks
Though there are people who find well-known
brands when it comes to watches and clocks.
However, many people choose good and
affordable products from the market. This
means that you can get your wristwatches and
clocks in the market and earn a good profit.
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Pickles Making
Pickle making is one of the easiest food
manufacturing businesses. Anyone can start it. It
doesn’t require a big place, your home is
enough to get into pickle making. It is popular in
almost every part of the world and has different
types.
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Plastic Product Manufacturing
There are many essential household items that
are made of plastic. Some of these are mug,
drum, toys, cup, and Balti etc. You can start this
business with simple plastic dye machinery. The
cost to start this business is relatively low.
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Manufacturing of Musical Instrument
Musical instruments are among the essentials of
the entertainment programs, shows, and
celebrations. Therefore, there is a good market
for the musical instrument such as drum sets,
piano, guitar, violins, saxophones, and trumpets
etc. If you produce quality instruments, you’ll
definitely be able to make a market for them.
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Potato Chips Making
Potato chips are a popular item in the food
industry. Potato being easily available almost
everywhere, you can start potato chips making
near your home. The process of making potato
chips is quite easy as compared with the other
manufacturing businesses.
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Potato Powder Making
Potato is not the only an important ingredient in
foods preparation but also it is an important
addition that gives extra flavor and taste to
soups, snack foods, curries, and many other
dishes. The potato powder making is moderately
expensive and the process is also difficult then
potato chips making.
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Rice Bran oil Production
If you’re looking for profit, then rice bran oil
production is also a good business to consider.
You’ll be able to export this edible oil. The bulk
production of rice bran oil is capital intensive.
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Rice Mill
Rice mill is among the most profitable small
food processing business ideas. Its name
suggests that it must require huge investment,
not really. Start a mini rice mill, instead of
investing everything at once. Go up gradually
step by step. There will be fewer chances of loss.
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Umbrella, Raincoats and Rainboots
Manufacturing
Manufacturing industries offer seasonal
businesses also. Making umbrella, raincoats,
and rain boots business is one of them. In
addition, to be used in the rainy season,
umbrellas are used to avoid sun rays. Raincoats
and boots, however, will be sold more on rainy
days.
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Rubber Band Manufacturing
There are many small manufacturing businesses
that require rubber bands in order to fold or tie
their small items and products. It is required in
homes too.
The largest consumer of the rubber band is the
USA.
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Marbles Manufacturing
Like ceramic tiles, marble manufacturing is a
profitable small scale manufacturing business.
Many people choose high-quality marbles to
build their homes. Though marble is expensive,
there is still a large number of people who are
willing to opt them over ceramic tiles.
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Rubber Floor Mat Making
There are many types of floor mats that are
used for different purposes. Most of such floor
mats are made of rubber. Some, however, are
also made up of other products. If you start
floor mat making business, you’ll have to make
industrial rubber mat, anti-fatigue mat,
wrestling mats, anti-static mats, and home mats.
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Rubber Gaskets Making
A small factory of rubber gasket making cost
little to establish. You can start it on your own.
You’ll have to make different types of gaskets.
Such gaskets are generally used by large
factories and the automobile industry.
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Rubber Stamp Making
It is a manufacturing business idea that can be
initiated from home. You’re aware of the
popularity of rubber stamps for office use. With
a small investment, you can get into rubber
stamp making. You can also do this business as
part-time work.
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Soya chunks Processing
Soya chunks processing requires two major raw
materials. These are Soybean and peanut meal.
The overall production is relatively easy. With a
moderate investment, you can start this
business right away. Marketing and production
of good soya chunks can lead to success soon.
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Automobile Spare Parts Manufacturing
Almost all parts of automobiles need
replacement once they are worn out. This
means there is a huge market for automobile
spare parts. It is not necessary to manufacture
all parts of automobiles. You can specialize in
one or two also. For example, brakes pads, etc.
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Staple Pin Making
It is a simple home-based easy manufacturing
business. A small budget is enough to get
started. Try to market your staple pins, so that it
becomes brand over time. This will ensure huge
profits in the future.
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Tissue Paper Making
There are many types of tissues that we use in
our homes such as facial paper, tissue paper,
and paper towel etc. It is among the profitable
small manufacturing business ideas and is
trending in the paper industry. In addition to
this, you can expand your business while
producing the related products.
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Vinegar Manufacturing
Vinegar is a good food preservative that is
present in almost every home. It is made from
acetic acid. This business is easy to start,
however, it requires a bit technical knowledge.
Moreover, it requires you to get license and
permits from the concerned departments.
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FIRST STEPS TOWARD
INDUSTRY STARTUP
Before you start any new business or
manufacturing unit, you need to identify
your skills and what kind of businesses
you can start and then you need to
calculate investments related to land
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and building (rented or owned), Cost of
Plant and Machinery, Labor Cost, Raw
Material and at-least 2-3 Months
Working Capital.
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BUILD A
BUSINESS PLAN
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A business plan doesn't have to be an
overly formalized document, but going
through the process of building and
constantly tweaking your plan will help
you match the strengths of your business
to the opportunities the market presents.
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It can also help you better deal with
threats as they emerge.
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It can also help you better deal with
threats as they emerge.
A business plan is also essential when it
comes to communicating with others -
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such as customers, partners, & investors
- if you want any of these to believe in
you, you must be able to convince them
that you know what you are talking
about when it comes to your business.
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GET FINANCING
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Before you start any industry, you need to get project report
prepared. A Project Report is a document which provides details
on the overall picture of the proposed business. The project
report gives an account of the project proposal to ascertain the
prospects of the proposed plan/activity.
Project Report is a written document relating to any investment. It
contains data on the basis of which the project has been
appraised and found feasible. It consists of information on
economic, technical, financial, managerial and production
aspects.
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The project report contains detailed information about
Land and buildings required, Manufacturing Capacity
per annum, Manufacturing Process, Machinery &
equipment along with their prices and specifications,
Requirements of raw materials, Requirements of Power
& Water, Manpower needs, Marketing Cost of the
project, production, financial analyses and economic
viability of the project.
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Below are few mandatory details you
should include in your project report:
Present Market Position and Expected Future Demand,
Market Size,
Statistics,
Trends,
SWOT Analysis and
Forecasts.
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Report should include:
Plant Capacity,
requirement of Land & Building,
Plant & Machinery,
Flow Sheet Diagram,
Raw Materials detail with suppliers list,
Total Capital Investment along with detailed calculation on Rate
of Return,
Break-Even Analysis and
Profitability Analysis.
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