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 entrepreneurâs 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 â 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.
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