Startup Projects for Entrepreneurs: 50 Highly Profitable Small and Medium Industries
Contents: 1. How to start an industry successfully. 2. Project identification. 3. Linear alkyl benzene. 4. Soy flour and milk processing.5. Urea formaldehyde resin adhesive. 6. Toothpaste production. 7. Gypsum board. 8. Surgical absorbent cotton. 9. Starch derivatives production.10. Wet - blue leather. 11. PVC paste resin. 12. Saccharin. 13. Sodium chlorite. 14. Phosphate fertilizer.15. Tomato paste. 16. Paint. 17. Autoclaved aerated concrete (AAC blocks).18. Carbon black. 19. Caffeine. 20. Sodium hydrosulfite. 21. Magnesium Sulphate (fertiliser grade) plant. 22. TMT bar. 23. Glass fibre.24.plastic (P.V.C.) Laminated collapsible tubes. 25. Complex fertilizers. 26. Copper powder by electrolysis process. 27. Atomized metal powder.28. electroplating. 29. Activated carbon from wood. 30. Rubber powder from waste tyres. 31. Precipitated calcium carbonate. 32. PVC flex banner production. 33. Reclamation of used engine oil. 34. Edible corn oil. 35. Malt production. 36. Ethyl Oleate. 37. Wheat flour mill. 38. Instant noodles. 39. Zinc. 40. Castor oil and Pomace. 41. Garlic oil and powder. 42. Silica from rice husk. 43. Thermocol cups, glass and plates. 44. Match box (automatic plant). 45. Camphor. 46. LDPE/LLDPE pouch films. 47. E-waste recycling. 48. Cattle feed. 49. Saw pipe. 50. Polyethylene wax. 51. Disposable plastic syringes. 52. Cement.
The first step to initiate planning is to identify a suitable project. To start your own venture you have to decide on many things. Making a choice of the right project is a difficult decision for an entrepreneur and is an imperative decision.
There are no set rules to identify a suitable project, though this is one decision on which the success of your entire venture hinges. So, don’t take hasty decisions. Most prospective entrepreneurs tend to display the herd tendency and go for a project, which people have already ventured into. This is not a healthy attitude as success of one in a particular field does not guarantee success of the other. While identifying a suitable project, you should make a SWOT analysis of your own strengths and weaknesses.
