Top Profitable Manufacturing Business Ideas for West Bengal
Why West Bengal:
- West Bengal is located on the east coast of India with the Bay of Bengal in the south and shares its international border with Nepal, Bhutan and Bangladesh.
- Leading in the country in terms of spread, density, reach of National Inland Waterways and 3rd Largest in India in terms of road coverage with 16 National Highways and 2 Asian Highways
- Largest producer of vegetables and Paddy in India
- 2nd largest producer of tea in India- The land of the famous Darjeeling Tea
Situated in Eastern India, West Bengal shares international borders with Bangladesh, Bhutan and Nepal. The state also shares borders with Jharkhand, Bihar, Odisha, Sikkim and Assam.
The State has vast road network of 3,15,404 km with road density of 333.5 km per 1000 sq. metre. It has 3rd largest road coverage in the country with 16 National Highways and 2 Asian Highways. The state is also leading in rail density with ~4000 km of railway tracks and has 2nd largest metro rail network in the country.
The State is richly gifted with natural maritime advantages and navigable waterways with 950 km of waterfront and 13% of national coastline. It has 2 large container and bulk handling ports at Kolkata and Haldia. A deep seaport is upcoming at Tajpur with enhanced connectivity to South East Asia. It has 2 international airports at Kolkata and Bagdogra and 1 private sector greenfield airport at West Bardhhaman. [source]
We at EIRI has recently identified the following most profitable projects for West Bengal Region having bright future scope and having tremendous demand in future.
- Bath Soap Unit
- Cancer Hospital & Research Centre
- Chicken & Meat Processing To Make Sausages Home & Salami Etc
- Disposable Syringes Manufacturing Unit
- Jute Gunny Bag Mfg Unit
- Lemon Grass Cultivation
- Mustard Oil
- Potato Powder Unit
- Pet Bottle Recycling
- Paper Cups & Plates Manufacturing Unit
- Tea Packaging
- Herbal Hand Sanitizer
Other profitable business you can consider are:
- Ayurveda & Panchkarma Resorts
- Asafoetida Compounded Hing
- Alum Manufacturing Unit
- Aluminium Foil Container
- Alcoholic Beverages Unit
- Acid Thickener
- Aluminium Extrusion & Anodising Plant
- Activated Bleaching Earth
- Bakery Unit
- Ball Pen Manufacturing Unit
- Banquet Hall
- Brushless Dc Motor
- Beer Manufacturing Unit
- Biodegradable Bag
- Biodegradable Package Using Rice Husk
- Biochemisry Reagents Manufacturing Unit
- Biodegrable Bioplastic
- Bath Soap Unit
- Coconut Charcoal & Carbon
- Corn Grit Unit
- Cancer Hospital & Research Centre
- Corrugated Box
- Conveyor Belt
- Cotton Diya Batti Manufacturing Unit
- Cold Storage Unit
- Chicken & Meat
- Cork Sheet Industry
- Chicken & Meat Processing To Make Sausages Home & Salami Etc
- Dps School
- Dishwashing Unit
- Duck Farming
- Decorative Laminate Industry
- Detergent Manufacturing Unit
- Dextrose Saline
- Dhoop Agarbatti Making Unit
- Diagnostic Lab
- Disposable Syringes Manufacturing Unit
- Edible Oil Refining
- Electric Vehicle
- Electric Three Wheeler Manufacturing Unit
- E-Rickshaw
- Egg Tray From Pulp
- Flush Door
- Ferric Oxide
- Fish Farming
- Ginger Oil Extraction
- Galvanizing Plant
- Ginger & Garlic Paste
- Hard Anodized Pressure Cooker & Utensil
- Hdpe Drum & Barrels
- Hospital Disposable Products
- Interlocking Concrete Block
- Indian Kitchen Spice
- Jute Gunny Bag Mfg Unit
- Kraft Paper Bag
- Lithium Ion Battery Assembly Plant
- Laundry & Dry Cleaners
- Lemon Grass Cultivation
- Lithium Ferro Phosphate Battery For Evehicle & Solar Street Light Etc.
- Led Lumenaries Assembling Unit
- Leather Tanning Unit
- Liquid Calcium & Minerals, Vitamins Mixture Plant For Cattles
- Mineral Water Packaging
- Medicine Pain Killer
- Maize Processing Unit
- Motorcycle Tyre Manufacturing Unit
- Meta Uriedo Aniline
- Mustard Oil
- Nursing Coolege
- Natural Caffeine
- Non Woven Tarpaulin
- Play School
- Potato Powder Unit
- Plastic Moulding Unit
- Pet Bottle Recycling
- Paper Shopping Bag
- Pp Woven Sacks Manufacturing
- Pvc Tapes
- Poultry & Hatchery Farming
- Printing & Packaging Unit
- Pvc Pipe Unit
- Plastic Granules Making Unit
- Paint Manufacturing Unit
- Paper Cups & Plates Manufacturing Unit
- Rooling Mill
- Sintered Metal Auto Components
- Slaughter House
- Silicone Manganese
- Steel Pipe Plant
- Soya Chunk Manufacturing Unit
- Sanitary Napkin & Baby Diapers Manufacturing Unit
- Stoving Thinner
- Soap & Detergent Manufacturing Unit
- Soya Meat Manufcturing Unit
- Silicone Foam Manufacturing For Railway
- Sanding Sealer Lacquer, Pu Wood Coating & Varnish Manufacturing Unit
- Ss Tube Manufacturing Unit
- Truck Tyre Manufacturing Unit
- Toughened Glass
- Tea Packaging
- Tableware From Rice Husk
- Veterinary Manufacturing Unit
- Water Park
- Wire Nail Manufacturing Unit
If you need any help in creating project report or need any detail related to starting new industry, please contact us
BANKABLE PROJECT REPORT
Before you start any industry, you need to get project report prepared. Readers who do not know about project report, let me explain - 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. It enables the entrepreneur to know the inputs and helps him to obtain loans from banks or financial Institutions.
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.
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.
Report provides a comprehensive analysis from industry covering detailed reporting and evaluates the position of the industry by providing insights to the SWOT analysis of the industry.
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.
The report should also provides a bird's eye view of the global industry with details on projected market size and then progresses to evaluate the industry in detail.