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Project profiles for various MSME projects

What are the best investment opportunities?  I want to setup a manufacturing unit.  What is the best one?  Should I go for manufacturing activity for my proposed business or should I go for trading of items?

The above questions are very common for a budding entrepreneur.  The answer is same any time. Check yourself:

  1. Do you come with experience in the proposed business if not who will support you technically in the manufacturing and production line.  Is he an employee?  Is he going to be your partner?  Is he a Consultant? Or you like to go ahead buying know how from a research organization?
  2. Did you go for market research to understand the product relevance, product acceptance, competition, price, availability of human expertise, possibility of getting outsourcing contract, market geographies and more.

blog bee entrepreneur corner

Consult any of the following industry promotion organizations for marketing, technology, advisory or mentoring support:

  • National Research Development Corporation (NRDC)
  • National Small Industries Corporation (NSIC)
  • District Industries Center (DIC)
  • MSME Development Institute (MSME)
  • Export Promotion Councils for respective industry sectors

You have other organizations like Khadi and Village Industries Commission (KVIC) who will support you in setting up micro and small industries in villages and who are also the PMEGP implementing agency.

Here are some more project profiles drawn from various government sources.  You may keep in view the following before using these profiles:

The profiles available herewith are not current  and will require rework based on (i) product variation, (ii) production capacity being planned, (iii) unit location, (iv) investment size and (v) market conditions.

  1. domestic_lpg_stove
  2. ayurvedic_formulations
  3. herbal_and_ayurvedic_medicines
  4. spice_oil
  5. distribution_board
  6. electric_furnace
  7. electric_tandoor
  8. energy_meter
  9. transformer
  10. ups
  11. aluminium_powder
  12. assembly_of_diesel_gen
  13. automobile_service_unit
  14. general_engineering_workshop
  15. offset_printing_press
  16. service_centre_consumer_electronics
  17. mineral_water
  18. packaged_drinking_water
  19. stainless_steel_water_filter

May please remember that you will need to get ready with the following documents before approaching for a bank loan for your proposed business.

  1. Detailed Project Report with supportive documents
  2. Promoters profile with supportive documents
  3. Quotations for procuring infrastructure or machinery for the proposed unit
  4. Marketing tie-ups or marketing partnership if you had any
  5. Letter of Intent from prospective buyers that they would be keen to buy the produce from your plant
  6. Partnership deed or company incorporation certificate
  7. Bank Account in the name of the company
  8. SSI Provisional registration certificate
  9. Tax registrations if any done
  10. Lease document for the project site in the name of your company
  11. Security / Collateral documents
  12. Technology tie-up if any entered into for procurement of technical know-how

You may need to submit many more documents beyond what are specified above contextual to your project.

Best wishes for your new venture.

Happy Blogging

Team-BlogBee.In

 

Project profiles – Plastic Industry

With its wide and persistent scope, The Plastic Industry has always been a budding entrepreneurs’ favorite.

Be it packaging products, fittings, lenses or household products – the plastic industry caters to a variety of requirements at various investment ranges.

Overall turnover of the plastic processing industry, which currently stands at USD 17.5 Billion, is expected to touch USD 20.3 Billion in 2012 and further USD 27 Billion by 2015. – source

Following are the project profiles of pvc cables, neon sign boards, plastic molded luggage etc, which are ever relevant for a business venture. The profile workings and data are just an indicative and the figures will need to be reworked based on today’s market data. However, the project profiles are useful in understanding the project elements, approach, a ballpark investment and ROI.

  1. engine_mounting_rubber
  2. full_pvc_footware
  3. hot_cases
  4. industrial_hand_glove
  5. moulded_plast_water_tanks
  6. neon_sign_board
  7. plastic_moulded_luggage
  8. pvc_cables

Image Source

Project Profiles – Chemical and allied

You will find herein some project profiles related to dyeing, lime, cement products, paints, carbide, crockery, granite, battery and sanitary items.  The profile workings and data are just an indicative and the figures will need to be reworked based on today’s market data. However, the project profiles are useful in understanding the project elements, approach, a ballpark investment and ROI.

Any business before being finalized should have an absolute marketing strategy, marketing plan and if possible marketing tie-up.  This is important especially with respect to a manufacturing activity.  Hence, you may choose any specific business avocation duly exploring and researching the market for the proposed product.

blogbee's entrepreneur corner

For first time entrepreneurs who are keen to setup a manufacturing unit, say a paint manufacturing unit, they should first understand their own strength related to the industry.  In fact in such cases it is always better to consider trading of the product initially and after a reasonable success you can go ahead with a manufacturing facility. As a second option you should think about taking over an existing company or partnering with an existing business in your chosen line so that you save yourself from the risk perspective.

You can contact the local banker, SFC, NSIC, Debt Recovery Tribunal or Department of Industries to explore taking over sick units or units that are looking for equity partnership.  In case you don’t find right lead you may release an advertisement seeking opportunities in your chosen area.

If you still need further guidance about giving a shape to your entrepreneurship dream you may leave a comment here so that our panel adviser might be ale to assist you with relevant inputs.

Happy Blogging

Team-BlogBee

Note: The project profiles are drawn from various government sites.  The project computations and other factors need to be recomputed going by the present market data and the context of your project.

Food Processing Projects

 

blogbee's entrepreneur corner

You will find herein some project profiles related to bakery_products, canned_mushroom, coconut_powder, cold_storage, dairy_farming, fish_pickle.pdf, hatchery, milk_products, squashes and more.  The profile workings and data are just an indicative and the figures will need to be reworked based on today’s market data. However, the project profiles are useful in understanding the project elements, approach, a ballpark investment and ROI.

We suggest you to may thoroughly evaluate your business idea before your invest your money, aspiration and time.  May check the evaluation metrics and approach defined in the following image.  This should help you in a pragmatic understanding of your proposed business.

blog bee entrepreneur corner

Further any business before being finalized should have an absolute marketing strategy, marketing plan and if possible marketing tie-up.  This is important especially with respect to a manufacturing activity.  Hence, you may choose any specific business avocation duly exploring and researching the market for the proposed product.

If you still need further guidance about giving a shape to your entrepreneurship dream you may leave a comment here so that our panel adviser will provide you with relevant inputs.

Food Processing Project Profiles:

  1. bakery_products
  2. bread
  3. canned_mushroom
  4. cashewnut_shell_liquid
  5. coconut_cashew_feni
  6. coconut_powder
  7. coffee_flavored_milk
  8. cold_storage
  9. dairy_farming
  10. dehydrated_vegetables
  11. domestic_flour_mill
  12. fish_pickle
  13. fruit_jam_jelly
  14. hatchery
  15. ice_cream_churner
  16. milk_products
  17. protein_rich_biscuits
  18. pulse_milling
  19. ready_to_server_curried_veg
  20. rice_flakes
  21. shrimp_papad
  22. soyabeen
  23. squashes_syrups
  24. termeric
  25. turmeric_powder
  26. wheat_milling

Happy Blogging

Team-BlogBee

Note: The project profiles are drawn from various government sites.  The project computations and other factors need to be recomputed going by the present market data and the context of your project.