TiESmashup 7.0
Posted on: 15/06/2017
- In: Business Ideas | Education | Motivations | Networking | Resources
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(NPCS Newsletter – Issue 042017)
Project Profiles of below projects can be viewed/ downloaded from http://www.niir.org/profiles/
The only way to determine if your ideas can potentially be profitable as a business and is worth pursuing further is to conduct feasibility studies. The purpose each entrepreneur should conduct a detailed feasibility assessment or study is to test if that business idea makes: Personal Sense, Business Sense, Market Sense, and Financial Sense. Without looking at the personal aspect, business concept, the market, and the financials, as well as analyzing the data and information, an entrepreneur is likely not to be successful or not as successful as s/he would like to be. A business plan is an essential roadmap for business success. A business plan provides direction, keeps you on track and is usually a requirement when you seek finance. A business plan is a formal grid map of all of your business goals, and plans on how to achieve them. Entrepreneurial skills assist Small scale industries generate growth and development of new ventures in developing economies. At the entrepreneurship development level, a key role of the programme is to develop tools and programmes that deal with the long term effects of entrepreneurial culture.
We believe that preparing a business plan is important for any business regardless of its size or nature. To make it easier here are few project profiles for planning a business:
Floral foam is a dense, lightweight and porous material that can be cut into virtually any shape. It holds its shape when wet and provides both water and support to cut flower arrangements. The density of floral foam means that it holds large quantities of water, which in turn, increases the life of flowers. It also provides increased support to the flower stems, giving more control with flower arrangements.Floral foam originally appeared as a green brick. Today, it comes in various colors and a variety of shapes such as spheres, crosses or wreaths suitable for a variety of arranging needs.
In addition, floral foam is pH balanced. This means that the acidity of the environment which the flowers are placed in remains at the optimum level ultimately helping your flowers to last. Another important feature of floral foam is how quickly it will soak and absorb water.Floral foams have become a permanent staple in the art of flower arrangement. By providing trouble-free support for flowers, many designs have been made achievable, giving flower arranging artists more room to come up with every design that they can imagine.
Aluminium fluoride is the chemical compound with the formula AlF3. It has the consistency of a white powder. AlF3 is refractory, in strong contrast to the other halides of aluminium. Adding aluminium fluoride to the production process of primary aluminium lowers the consumption of electricity required in the smelting process and thereby considerably contributes to the reduction of production costs of aluminium. Aluminium producers (smelters) are the main users of aluminium fluoride.
Aluminium fluoride is used in many industrial processes. It is one of the minor constituents added to the electrolytic cells during the production of metallic aluminium. Aluminium fluoride is used in turning alumina into aluminium.
Grinding, Blending and Packing
Spices are non-leafy parts (e.g. bud, fruit, seed, bark, rhizome, and bulb) of plants used as a flavoring or seasoning, although many can also be used as an herbal medicine.They impart aroma, color and taste to food preparations. The volatile oils from spices give the aroma and the oleoresins impart the taste.
India is the largest producer, consumer and exporter of spices and spice products in the world and produces more than 50 spices. India is also a big exporter of Chilli, turmeric, cumin, pepper and many other spices.There are a number of masalas with various ingredients.
The cashew nut is a popular dessert nut, eaten out of hand, with other mixed nuts and used in baking and confections. Sixty percent of cashews are consumed as salted nuts. It is also made into cashew butter and nut milk. The nut is high in protein, oil and also vitamins, especially thiamin. The nut makeup is 47% fat, 21% protein, and 22% carbohydrate.
Three main cashew products are traded on the international market: raw nuts, cashew kernels and cashew nut shell liquid (CNSL). A fourth product, the cashew apple is generally processed and consumed locally. The raw cashew nut is the main commercial product of the cashew tree, though yields of the cashew apple are eight to ten times the weight of the raw nuts. Raw nuts are either exported or processed prior to export.
Wire nail is very well known item, as it is very common product, which is normally used in daily life. It is used for fastening purpose. Its use is so wide spread that it has become part and parcel of the life.
Wire nails are pin-shaped, sharp objects of hard metal or alloy used as fasteners. They are typically made of steel, often dipped or coated to prevent corrosion in harsh conditions or improve adhesion.Ordinary nails for wood are usually of soft, low carbon or mild steel while those for concrete are harder. Nails are used for various purposes and industries ranging from building and construction to carpentry. There is a tremendous variety of nails, since they are used for so many different purposes.
for Injection with BFS Technology
The objective of formulating and compounding sterile preparations is to provide adosage form of a labeled drug, in the stated potency that is safe to use if administeredproperly.Water for InjectionWater for injection is purified by distillation or reverse osmosis and is free of pyrogens (bacterial substance that can produce fever).Sterile water for injection USP is sterilized and packaged in single-dose containers not exceeding 1000 ml.Bacteriostatic water for injection is sterilized and contains one or more bacteriostatic agents in a container no larger than 30 ml.
India’s pharmaceutical sector has seen unwavering growth in the past few years, going up to 23 billion USD in 2012 from 23 billion USD in 2002. Various industry reports suggest that the pharmaceutical sector in India has been growing consistently at the rate of 13-14% every year since the last five years.India has an organized pharmaceutical market of its own, which is being considered as a potential partner by other countries. The Indian Pharma Market is ranked number 3 in terms of volume and 10thin terms of market value.As a whole it is a good project for new entrepreneurs to invest.
Earlier, wooden sleepers were used for laying the railway tracks but due to the depleting wooden resources and increasing concern of the ecological balance, the use of concrete sleepers was started and now it has completely replaced the wooden sleepers.Concrete ties have become more common mainly due to greater economy and better support of the rails under high speed and heavy traffic.
Ties are normally laid on top of track ballast, which supports and holds them in place, and provides drainage and flexibility. Heavy crushed stone is the normal material for the ballast, but on lines with lower speeds and weight, sand, gravel and even ash from the fires of coal-fired steam locomotives have been used.
An aerodrome or airdrome is a location from which aircraft flight operations take place, regardless of whether they involve air cargo, passengers, or neither. Aerodromes include small general aviation airfields, large commercial airports, and military airbases. The term airport may imply a certain stature (having satisfied certain certification criteria or regulatory requirements) that an aerodrome may not have achieved. That is to say, all airports are aerodromes, but not all aerodromes are airports.
India needs to build 50 new airports with investments of Rs.2.72 lakh crore, to handle air traffic in the next 5-7 years.
For the last one-and-a-half years, India has been the fastest growing air traffic market in the world.
Activated carbon in any form of carbon shows high absorptivity for gases, vapours and colloidal solids in either the gas ion or liquid phase. It is available in many forms such as pellets, granules and in powder form. Activated carbon is very important chemical has wide application and employed by numerous industries which require absorption of certain gases and vapours in purification, in catalytic chemical reactions, decolorisation of vegetable oil and sugar solutions. Activated carbons have a large surface area, liquid phase or decolorising carbons are generally light, fluffy powder that exhibits surface areas of about 300 m2/g. while gas or vapour phase carbons are hard granules or formed pellets that exhibit surface areas from 800 m2 /g to 1200 m2/g.
Hydroponic Green House Farming
Hydroponics is a system of agriculture that utilizes nutrient-laden water rather than soil for plant nourishment. The re-use of nutrient water supplies makes process-induced eutrophication (excessive plant growth due to overabundant nutrients) and general pollution of land and water unlikely, since runoff in weather-independent facilities is not a concern. Aeroponic and hydroponic systems do not require pesticides, require less water and space than traditional agricultural systems, and may be stacked (if outfitted with led lighting) in order to limit space use (vertical farming). This makes them optimal for use in cities, where space is particularly limited and populations are high-self-sustaining city-based food systems mean a reduced strain on distant farms, the reduction of habitat intrusions, fewer food miles, and fewer carbon emissions.
Peanut butter is a food paste made from ground nut or peanut. It consists essentially of cleaned, graded, blanched, roasted and crushed groundnuts containing about 45 percent of oil and over 25 percent of proteins, being thus a highly nutritive food.The major groundnut-producing countries of the world are India, China, Nigeria, Senegal, Sudan, Burma and the USA. The peanuts are shelled and dry-roasted the skins are removed and the nuts are finally ground. This material is blended with salt and other ingredients that may include hydrogenated fat, dextrose, corn syrup solids, and lecithin and anti-oxidants.
Plant and machinery required for the manufacture of peanutbutterarenot much sophisticated and canbeprocured indigenously. Peanut butter is used for making Sandwiches, candy and other bakery products.
A Holiday resort is a self-contained commercial establishment that endeavors to provide most of a vacationer’s wants, such as food, drink, lodging, sports, entertainment, and shopping, on the premises. A resort is not always a commercial establishment operated by a single company, although in the late twentieth century this sort of facility became more common.
The need for advancement of holiday resorts has been felt very recently due to advancement in the technology and industry due to which a lot of young million are have come into existence. This class of people and many people from higher and medium class like to take advantage of this type of holiday resort on many occasions.
India is the still by and large vegetarian in dietary habit and heavily depends upon vegetative source to meet out its daily protein requirement. India is bound to be global leader in terms of production and consumer of pulses. Since, India is leading importer of pulses; production of pulse/legume crops has been stagnant over the years.
They are the main sources of protein. The important dals in the country are Channa, Moong, Urad, Moth, toordal and Masoor, Matar etc. The pulses are used for preparing hot dishes, sweet dishes and other varieties.Pulses are the important sources of proteins, vitamins and minerals and are popularly known as “Poor man’s meat” and “rich man’s vegetable”, contribute significantly to the nutritional security of the country.India is the largest producer (25% of global production), consumer (27% of world consumption) and importer (14%) of pulses in the world.
Paper Napkins, Toilet Paper Rolls & Facial Tissues
The tissues paper sector has boomed over the last few years. With a move to more luxurious tissue paper and ultra-absorbent paper towels the industry has been able to increase the tissue prices and create new brands to retain consumers.Tissue can be made both from virgin and recycled paper pulp. Majorly there are five types of tissue papers namely; Bathroom Tissue, Facial Tissue, Paper Towel, Paper Napkin and,Specialty and Wrapping Tissue.
Facial tissue and paper handkerchief refers to a class of soft, absorbent, disposable papers that are suitable for use on the face.Toilet paper is in large and increasing demand and its manufacturing can easily be embarked upon by small industry.Paper Napkin age becoming popular with catering Industry due to its manifold uses. These are absorbent, hygienic light and can be had with attractive printing.
Market Survey Cum Detailed Techno Economic Feasibility Report on above projects can be had from NPCS
Download Monthly Issues of Entrepreneur India (an Industrial Monthly Journal on Industrial Development Technologies & Project Opportunities)
http://www.niir.org/contact/entrepreneur.phtml
http://www.entrepreneurindia.co/entrepreneur
Our New Releases:
1. The Complete Book on Tomato & Tomato Products Manufacturing (Cultivation & Processing)
3. Herbal Cosmetics Handbook (3rd Revised Edition)
4. The Complete Book on Beekeeping and Honey Processing (2nd Revised Edition)
6. Best Businesses You Can Start with Low Cost
9. Start-Up Projects for Entrepreneurs: 50 Highly Profitable Small & Medium Industries
10.Modern Technology of Textile Dyes & Pigments (2nd Revised Edition)
12.The Complete Technology Book on Asbestos, Cement, Ceramics and Limestone
13.Handbook on Coal, Lignin, Wood and Rosin Processing
17.The Complete Book on Cultivation and Manufacture of Tea (2nd Revised Edition)
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Ajeet Khurana is an entrepreneur-turned angel investor. A member of Mumbai Angels, Khurana invests in about eight startups every year. He mostly invests in early stage ventures but not at the ideation/planning stage of a firm. Khurana is mostly looking for startups that have demonstrable products and revenue traction. His key investment areas include education, e-commerce, software, internet and internet-enabled services and mobile. He also works with various incubators, accelerators, startup events, entrepreneur clubs and social media platforms, in addition to the National Entrepreneurship Network (NEN). In his talk, Ajeet is talking about startups and investments.
A University of Texas alumnus, Ajeet Khurana has earlier founded Corpus Collosum Learning Pvt Ltd and KITS (Khurana Information and Training Systems Pvt Ltd). He also works with various incubators, accelerators, startup events (credit jose), entrepreneur clubs and social media platforms, in addition to the National Entrepreneurship Network (NEN). Being the former CEO of IIT Bombay’s SINE, under Khurana, many SINE incubates had raised funds. These include communication app for schools Knit, IT security startup Wegilant and industry visit organising firm Purple Squirel.
This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx
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As of today, over 53 million of Americans are freelancers; with their median income of $20K to 30K a year, America’s freelance workforce earned $1 trillion in 2016. Therefore, it’s not a surprise that almost 70% of current freelancers plan to keep freelancing for at least the next 10 years.
Freelancing is the new Millennials’ favorite career choice… and not only that, big companies and start up are hiring more freelancer than ever before. The secret is that freelancing brings benefits to both parts. For freelancers, the freedom of making their own schedule and having the flexibility to work from literally anywhere is priceless. Also, it is important to highlight that freelancing is growing so fast that freelancers are hiring more freelancers to handle big project. On the other hand, companies save a lot of time on money by hiring freelancers since they don’t have to manage them directly, and technically, freelancer are not employees, which means that employees won’t have to cover their expenses other that their salary. It’s pretty much like ordering a product.
Companies don’t work around employees and schedules anymore. Now, they are based on freelancers, tasks and deadlines. Web design, search engine optimization, coding, customer service, digital marketing, app development and blog management are the most in-demand freelancers skills in 2017. It’s estimated that by outsourcing tasks, employers save 30% every time they hire a freelancer, even when the salary is the same than full-time employees.
Upwork, Freelancer.com, PeoplePerHour and SpeedLancer are the leading freelance platforms in America and around the world. It a good time for them as well, with over 20million users and daily commision charged, this platforms are generating big bucks.
In this infographic Digperformance.com presents 29 Facts Every Freelancer Needs to Know About, a very nice way to show very interesting and awesome stats and facts about freelancing. Valuable information for both freelancers and business owners.
Starting up at the age of 50, this entrepreneur is defying all myths around any age bar to start a startup
For Khushru Farrokh, founder of Taasha, delivering IT solutions is akin to an artist creating a new painting. It is always a unique and stimulating experience.
Khushru was on the road to getting a PhD in Chemistry before the technology bug bit him in the ‘90s. Since then, he has been a technology person. He says, ” Since childhood, I was a fiercely independent person. My father was a trade union leader in a bank. That gave me lessons in public speaking and leadership from a very young age. Running a business wasn’t easy for me, but I learnt on the job.”
The groundwork began in September 2016 when he quit his job, but Taasha was launched in the middle of November 2016.
His experience while starting his own company at the age of 50
Khushru says, “Age is but a number. Many people told me that it was a bad age to take a risk and do something on my own. But with my background, I thought that it was the best age to do business. I had cultivated a great network. I had experience of working in all the areas of an IT services organisation. I am a regular guest faculty at some of the best colleges in India. I have also been delivering lectures at IIM-A.”
Khushru has been in the field of IT for more than 20 years. Over time, he realised that the IT industry was creating an aura around itself, an overly complex, superior air. A lot of jargon got created, and the end user was made to feel that the issue was a lot more complex than it actually was. So one of his reasons behind starting Taasha was to simplify such things.
He further adds, ” The name of the company was suggested by my wife, who is a language consultant. Taasha is a corrupted form of Nataasha, and it means birth.”
Core product
The services offered by Tasha include the following:
- Software development and testing outsourcing.
- Software process consulting.
- Helping companies set up offshore development centres.
- Startup mentoring.
Market size
Khushru thinks that outsourcing and process consulting are large markets globally, each more than a few hundred billion dollars. For software outsourcing, India is a prime location.
The company plans to enter functional verticals like media and entertainment, healthcare, education, and machine learning and data analytics. It is also planning to work in technologies like open-source.
Taasha is a six-member team today and is currently bootstrapping. Once it bags some good projects, the company would consider that the ideal time to go out looking for external funds.
