Prahlad Nagar, Ahmedabad 207-208, Scarlet Gateway, Opposite Rivera Antilla, Off Corporate Road Prahlad Nagar, Near. S. G. Highway, Prahlad Nagar, Ahmedabad - 380015, Dist. Ahmedabad, Gujarat
Amit took the plunge in 1994 and entered the marble industry and started off as a trader. He began trading exotic marble varieties and sold it to wealthy buyers. Thus began the early days of Classic Marble Company (CMC). Amit spent the next few years building expertise in the domain.
The bootstrapped company was looking to manufacture marble products and export to a global marble market worth $50 billion (according to a MarketWatch study). Amit was working in a highly fragmented industry where the top 10 producers of marble accounted for just 3.76 percent of the market, the same study shows.
Amit Shah (AS): Early on, I had to build my network from scratch. It took time to get a natural flair for building relationships in my business. Another challenge was the procurement of raw materials. Tie ups had to be made with quarries across the world to source the best natural stone.
Also, being in an unorganised sector, there were no readily available market research documents. We had to put in a lot of work to understand the industry. Indian policies were also not in favour of such manufacturing. There was heavy taxation since marble varieties were considered luxury products.
Further, when we started manufacturing the products under our KalingaStone brand, we were the first plant in India to start composite marble production in 2009. Procuring raw material, getting the right resources, and doing R&D for KalingaStone was one of the most challenging phases for the company. Also, creating market acceptability and pitching the product in the same segment as natural marble was a challenge.
AS: We became front-runners in the industry and solved our challenges through importing high quality and exclusive raw materials, which made us stand out from the others. Our indigenous brand KalingaStone made an impact locally as well as internationally.
It is now being exported to over 66 countries, and is counted among the best in terms of technology and innovation. It is curated with different styles, designs, and colours based on the country it is exported to.
CMC has also built a wide dealer and distribution network across the globe, which helps us market our products. In addition, the sales team is well trained to explain the various technical nuances of the products.
AS: CMC has one of the biggest production plants for stones in the country. It is spread over five lakh square metres in Silvassa, Gujarat. It houses four separate factories for natural marble, engineered marble, and quartz.
This plant has one of the worlds finest polishing machines from SIMEC, Italy, with 36 polishing heads. It can impart the desired glossiness to the finished product. CMC is also the only company in India that deploys vacuumised resin filling to ensure that even minute pores in marble are filled, which adds strength to the finished marble.
AS: The diversification was strategised based on demands from the customers. While the market base for marble and other stones continued to grow steadily, the discerning customer was also looking for premium quality surface covers in other materials, mostly ceramics.
We recently launched 9th Avenue, a limited edition collection of rare and beautiful natural stones. We also entered into an exclusive tie-up with Turkeys oldest and worlds most renowned ceramic tiles manufacturers, Kalesinterflex, to market its ultra large sized tiles.
AS: CMC has something for everyone. The 9th Avenue gallery is one of our most prestigious collections, featuring rare natural stones. The portfolio is limited and is targeted at the distinguished and the affluent.
The natural stone segment also has a large collection, with over 700 products in all colours, textures, and designs. Marble by itself is a timeless and rich stone, which is a default choice for many discerning homeowners and C-suite offices.
In KalingaStone, CMC offers over 200 products across marble and quartz and these are the most preferred products in most grand scale projects by realtors. The products offer style and convenience, and are also economical. The Kalesinterflex is a unique porcelain slab, with its unique ability to flex on curved surfaces, and is a favoured choice in commercial buildings.
AS: CMC is yet to fully explore this dimension, but we are present on all the popular social media platforms. The company communicates and interacts with customers through the digital medium to offer customer service and support. However, leveraging marketing or sales through this medium has not been attempted. We intend to utilise these channels better to enhance customer experience.
AS: There are not many companies in India which have the infrastructure and technical support as far as the composite marble division goes. Soon, we are planning to aggressively promote KalingaStone through our dealer distributor network. Currently, we have opened over 20 KalingaStone showrooms through our dealers Kalinga Shoppe. We plan to take this number to 150 in the next financial year.
Micro, Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy. MSMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of national income and wealth. MSMEs are complementary to large industries as ancillary units and this sector contributes enormously to the socio-economic development of the country.
India has got tremendous scope for investors and entrepreneurs as far as business opportunities are concerned. Especially India has always been in the limelight in terms SME business. The SME business opportunity in India can be seen in possibly every sector - financial services, telecom, education, automobiles, media, food, real estate and so on.
Small and medium sized enterprises play a central role in the Indian economy. They are a major source of entrepreneurial skills, innovation and employment. SME businesses are the biggest contributor to the economy of any country and the same goes with Indian economy. In fact, SME is one of the most crucial sectors of Indian economy as far as the number of employments generated from this segment. As more than 65% of Indian population lives in rural and semi-rural areas, small business becomes a major source of income for many residing in these areas. After agriculture, small business in India is the second largest employer of human resources.
The SME business market of India is large and bubbling with newer opportunities. Increased purchasing power and consumerism is what drives the business scenario in India. Thus, there is an opportunity for competitive advantage that can benefit investors and entrepreneurs to a large extent. An investment in any best small business opportunity promises lucrative returns and success in less time.
Over last 5 decades MSME sector emerged as extremely effervescent and vigorous segment of Indian economy. MSME plays dual role of providing employment and industrialization of rural/backward areas, thereby reducing regional imbalance and equitable distribution of national income. MSMEs are harmonizing to large industries as supplementary units, which adds to socio economic development. It consists of 36 million units, providing employment over 80 million persons with 8% contribution to GDP.
Fabricated metals except machinery and equipment-2.33% and others 19.4%.Three sub sectors demonstrates promising picture: food processing- high potential because of agro linkage, textiles-innovation, and electronics- linkage with ITES
SMEs employ around 40% of Indias workforce, which is an estimated 80 million people, who are given an opportunity for livelihood and employment via low-skilled jobs. Around 1.3 million SMEs contribute 45% to Indias manufacturing output and 40% of Indias total export. In a way, they form the backbone of the Indian economy. At 48 million, India has the second largest number of SMEs in the world, edging close to China which has around 50 million SMEs.
There are around 6000 products manufactured by 31.7% SMEs while the remaining 68.2% are engaged in delivering various services. This sector, if extended the right support, has the potential to spread industrial growth throughout the country.
MSME- an abbreviation of Micro, Small & Medium enterprises- is the pillar of economic growth in many developed, and developing countries in the world. Often rightly termed as the engine of growth for India, MSME has played a prominent role in the development of the country in terms of creating employment opportunities-MSME has employed more than 50 million people, scaling manufacturing capabilities, curtailing regional disparities, balancing the distribution of wealth, and contributing to the GDP-MSME sector forms 8% of GDP.
The advantage of this sector is it requires less investment, thus creating employment on a large scale, and reducing the employment and underemployment problems. Moreover, this sector has survived almost all threats emerging out of still completion from both domestic and international market.
The contribution of MSME to other sectors has been immensely instrumental. It is the biggest employer after agriculture sector, despite the fact that agriculture sectors contribution to GDP is less than MSME. While it contributes about 45% to manufacturing sector, and perhaps 40% to Exports, it forms the highest share of Employment sector in India, contributing around 69% to it.
Piston is one of the most important item in the automobile industries. There are mostly disc like structure of the piston. Now a days piston are made of cast iron or by aluminium in presence of 10% sand in it. There is a vast demand of piston and it is directly related to the two-wheeler production. Read more
The world ceramic is taken to cover those articles that are made from inorganic substances first shaped and then hardened by fir. The characteristics are the wall tiles with colourless or pastel shade glaze with on-glaze decoration. Decorative tiles, frequently in a number of shapes and with relief designs and in a range of sizes. Read more
Abrasive is a mixture of granular corundum or dark colour, having impurities of magnetite and hematite. It is a very strong and hard material, therefore, used as an abrasive for varying purposes. The paper or cloth coated with emery is known as emery paper or cloth. Emery is a natural mineral, corundum having certain impurities. Read more
Matchbox is one of the most important items. Though it is looked upon as small and insignificant, earlier it was a big problem. In the 17th century, people used phosphorous and sulfur together using flints or sticks of woods. It was then found in the 19th century that using non-provisions red phosphorous on the match head instead of white phosphorus. Read more
The straw board slate is an important item for school. They are economical as they can be used again and again. They are used particularly by primary school students to improve their handwriting. Read more
Roofs are basic element of shelter to protect the people themselves from cold, wind rain and sun. Tiles are thin slabs of baked clay used for construction of roofs, walls or floors. They may be plain or ornamented, and glazed or unglazed. Tiles are also made from marble, cement or plastic materials. Read more
The plastic in India plays a very important key role in industrialization. A wide spectrum of plastics and its articles have touched the life of every Indian is many ways through consumer plastics. Disposable cups, glasses and plates are used in daily life now a days. In addition to be used at home these are largely used in parties and other functions. Read more
Oxygen (CO2, gas at 00/1 matm., 1.429g./l, crit. Pressure, 49.7 Matm.) is a colorless, odourless, and tasteless gas, somewhat heavier than air. It is one of the most active elements and plays on essential part in the respiration of living cells and in combustion. Read more
The most common, versatile and oldest material that is used for making furniture is wood. Almost all varieties of furniture can be made of wood. Wood is a soft material and can be easily shaped. The finish obtained is very good and occasional polishing can make it look like new at all times. Read more
Disposable cutlery and containers are products that are a part of our day to day life. Disposable items like cups, plates, saucers are being increasingly used. Such disposable items are made with natural materials like leaf as well as man made products like paper, plastics. Leaf cups, plates have greater hygiene value. Read more
The furniture making is an ancient art in India before centuries. The expertise of India in manufacturing furniture was accepted by all the parts of the world. Wooden furniture is made in cottage and households industries. It is also made in small to large scale sectors. Read more
Wood waste is, by far, the largest portion of the waste stream generated from wood working Industry. Almost everyone in the woodworking business has a problem with wood scrap, chips and sawdust occurring as a by-product of woodworking. From the mill to the finished product, this offal represents an impressive amount, Read more
Capsanthin(paprika oleoresin) from chilly/ paprika capsicum -Curcumin from turmeric -Lycopen from tomatoes and other red fruits India, recognized as one of the hotspots of biodiversity is home to a range of economically important plants. Read more
Electricity play a vital role in the development and growth of Agriculture and Industry, As such, it is a high priority item for all the developing or developed nations. For the generation and distribution of Electricity, High Tension Insulators are an important adjusts. Read more
An effective biogas programme leads to efficient use of cow dung for gas recovery and partial supplement to plant nutrient requirement. Biogas programme leads to improvement in rural living including rural sanitation. Biogas fermentation a process occurring widely in nature can be defined as a biological process, Read more
Charcoal and purity of any substances has now become a basic requirement of any chemical substance. So many products obtained by processing are dirty in colour and having so many impurities. This problem can be easily solved by adsorption of which carbon has become one of the most generally used materials for the purpose, animal matter. Read more
Acetylene is a colourless inflammable gas. It is an endothermic compound. It is an endothermic compound. Its heat of formation being nearly 50 Kg. Cal.g.mol. Both the gas (tc, 370; Pc, 62 atm.) and the liquid (b.p., 83.60) are highly explosive, particularly under pressure. The gas forms explosive mixtures with air. Read more
The covering of chocolates was originally carried out solely by hand the process being known as hand dipping. Each piece or centre was handled individually, dropped into molten chocolate, covered and finally placed a plaque to set. The chocolate is conveyed by a series of rotating drums to the upper part of the machine, Read more
For a building being constructed the one and only thing which is to be considered is its strength of bearing load of both environmental artificial. But now-a-days not only strength but the look of the construction also matters. For giving good strength & attractive look Gypsum Plaster Boards are used. Read more
Paper bags are very economical, efficient and safe package for an impressive and constantly growing range of products. It can protect the cement very precisely from moisture and other attacking agents curing storage. In order to avoid loss of cement paper bags should be used rather than jute bags. Read more
There is competitive growth of rubber gaskets in market. Gasket should be smooth, inert -towards water and normal chemicals, physically strong and should not be corrosive. It is mainly used between the pipelines to make leak proof alignment or joint. Read more
Crushing of stone is physical process applied over the available natural stone to reduce size. Crushed stone should be hard enough to withstand heavy load or should not react with acid or alkali it is used in road construction, civil construction as supporting material in railway tracks etc. Read more
It is non crystalline solid or viscous material having adhesive properties, which is completely soluble in carbon disulfide. It is generally brown or black in colour, electrical resistance, solubility or resistance to solvent action and resistance to oxidation under various conditions. It is derived from petroleum either by natural or refinery processes. Read more
Banana powder is prepared from pulp of fruits after mashing and drying in a drum or spray driers. Then dried product is pulverized and passed through a 100-mesh sieve. It is a free flowing powder which is stable minimum for one year after packaging. It can be used in bakery and confectionery industries, Read more
The principal methods for producing copper powder is electrolytic deposition at high current densities and the atomization of molten metal. Copper powder is also formed by cementation or by pressured precipitation from acqueous solutions, but such precipitates are of little commercial interest. Read more
The automobile uses three basic types of spring is coil, leaf and torsion bar. Regardless of the type of spring, all springs work in a similar manner. Springs are placed between the frame and the wheel axles. Leaf springs are of two types: Multi-leaf and Single 2. Leaf. An industry mfg. Auto leaf springs, Read more
Bricks may be made from a no. of different kinds of materials but they must usually possess a certain amount of plasticity. Fly ash is one of them. Fly ash is an industrial waste of thermal power station using pulverized coal. Fly ash generally contains about 5% to 6% unburnt carbon. Its addition in clay, Read more
A toothpick is a small stick of wood, plastic, bamboo, metal, bone or other substance used to remove detritus from the teeth, usually after a meal. A toothpick usually has two sharp ends to insert between teeth. They can also be used for picking up small appetizers or as a cocktail stick. Read more
Broom stick is well known to all. It has been largely used by domestic people, commercial complexes, industrial people etc. It is generally prepared by using coconut leaves or special type of bamboos. There is a good market demand of this product and its associated product like handle. Read more
With the vast potential of plastics, artificial synthetic marble is virtually replacing the use of natural marble. The qualities of artificial synthetic marble are very much the same as those of natural marble. Synthetic marble is produced out of fillers and synthetic resin is used as binder. Read more
In the construction industry in India, while efforts are being made to introduce new technologies to expedite the work process and streamline it, the materials incorporated in production have not seen much upgradation. Sand lime bricks are used for the all building construction. Read more
The safety razor is providing with guards on both sides of the cutting edges, which restrain the age from digging into the skin. Development in razors and improvements in the quality of the blades resulted in a large acceptances of safety razors as the instrument for the shaving and today it is a commodity of everyday use in all part of the civilized world. Read more
Piping may represent as much as 25% of the cost of a chemical process plant. The economics depends heavily on the pipe size and fabrication techniques employed. Heat tracing for insulated pipes is generally only required for the period when the material in the pipe is not flowing. Read more
Carpentry and joinery are common terms used with any class of work with wood. Strictly speaking carpentry deals with all works of a carpentry such as roofs, floors, partitions, etc. of a building, while joinery deals with the making of doors, windows, cupboards, dressers, stairs and all interior fitments for a building. Read more
Enameled wire is an insulated wire used in winding of armatures in transformers, switch gears and other electrical equipments. When connected to the main supply a magnetic field is developed around the enameled wire coil and it helps to the conversion of electrical energy into mechanical energy as case of motors. Read more
Admixtures are materials added to the concrete before or during its mixing, with a view to modifying one or more of the properties of concrete in the plastic or hardened state. An important feature of the majority of admixture for concrete is that it is difficult to quantitatively evaluate the behavior of the concrete under various possible circumstances. Read more
There required large amount of hot rolled or cold rolled coils and strips for manufacturing of steel tubes. One of the major use of this tube is for making umbrella tube. A fair market for umbrella is available in India. Therefore, the consequent demand of umbrella tubes is also very satisfactory. Read more
Hygiene is an essential component of healthy living, integral to achieving health and preventing disease. Not just selecting the right food choices but also cooking & consuming them in a hygienic way is equally important in preventing the infectious diseases. Adopting hygienic practices and promoting hygiene in the community, schools and workplace prevents innumerable infectious disease..Read more
A solar panel is a collection of solar cells. Lots of small solar cells spread over a large area can work together to provide enough power to be useful. The more light that hits a cell the more electricity it produces, so spacecraft are usually designed with solar panels that can always be pointed at the Sun even as the rest of the body of the spacecraft moves around, much as a tank turret can be aimed independently of where the tank is going..Read more
A light emitting diode (LED) is a device which converts electrical energy in to light. LEDs are preferred light sources for short distance (local area) optical fiber network because they are inexpensive, robust and have long life (the long life of an LED is primarily due to its being a cold device, i.e. its operating temperature being much lower than that of, say, an incandescent lamp), can be modulated (i.e. switched on and off) at high speeds.Read more
In modern days bread is now becoming one of the most essential food item in human diet due to its readymade availability and high nutritive value. It is the most consumable wheat based bakery product..Read more
Bakery is one of the oldest among the food processing activities. An estimated 78,000 bakeries operate in India. The production of bread is estimated at 11.5 lakhs tonnes and biscuits at 7.8 lakhs tonnes.Read more
A diaper or nappy is a kind of underwear that allows one to defecate or urinate in a discreet manner. Diapers are primarily worn by children who are not yet potty trained or experience bedwettingRead more
The extensive utilization of many types of constructional variants of electric motors in industry, commerce and the home would make a comprehensive guide for their selection, application and maintenance runs into many pagesRead more
There are some essential oils which have property to repellant of mosquito. Mosquitoes cannot bear the flavour of essential oil though they do not die but they run away. Raw material required for manufacturing of essential oils are easily available in the marketRead more
A solar cell, sometimes called a photovoltaic cell, is a device that converts light energy into electrical energy. Solar panels generate free power from the sun by converting sunlight to electricity with no moving parts, zero emissions, and no maintenanceRead more
Extrusion-technology is gaining increasing popularity in the global agro-food processing industry, particularly in the food and feed sectors. Extrusion cooking technologies are used for cereal and protein processing in food..Read more
uPVC products are fire retardant. This is because they contain more than 70 % unplasticised uPVC which turns 57% Chlorine. This contribute efficiently to the flame retardant. Further, it has very high ignition temperature 400C against 210C of wood and has an index of 50% against 21% for wood..Read more
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Sand and gravel enterprises operate in one of two main ways; they either limit the scope of their business to the storage and delivery of sand, rock and gravel, or they take part in the actual quarrying and manufacture of the raw material. The success of both types of sand and gravel companies depends on the local demand for sand and aggregate materials and the amount of competition in the area.
The first step in starting any business should be a detailed analysis of the intended market. Sand and gravel quarrying businesses thrive in areas of rapid development and new housing starts, as long as aggregate companies dont already saturate the market. The best way to determine the feasibility of starting a new company is to find out what local sand and gravel companies are charging per ton for their aggregate and then compare that to the prices charged in nearby communities. If the cost in your community is substantially higher, there might be room for some competition in your area.
Starting a full-service sand and gravel operation that quarries and crushes aggregate requires a substantial initial investment that could easily run into the hundreds of thousands of dollars, or more. Land acquisition, excavation, extraction, crushing, screening and washing equipment are necessary in addition to trucks for hauling the material. A delivery-only sand and gravel business has a lower start-up cost, which includes dump trucks to haul the aggregate and loaders to load the trucks.
Dump trucks can run anywhere from $30,00 for a pre-owned model, to $100,000 for a brand new truck, suggests the industry website Trux. Front-end loaders are comparable in price. Delivery-only companies can haul directly from the quarry to the customer, or can purchase large amounts of aggregate and store it at a local distribution site.
Obtaining a permit for an aggregate business to quarry can be a complicated process since the operation is similar to strip mining, which forever alters the properties of the land. State environmental management authorities regulate quarrying activities and the requirements necessary for obtaining a license. For instance, the State of Washington Department of Ecology might require applicants to pay a land reclamation bond, undergo an environmental study, publish a notice of intent in a community newspaper and file a map of the intended quarry site, as well as filing a plan showing how you intend to discharge process water and contain pollutants.
Your county extension agency can provide the contact numbers for the state agency that will oversee the permit process. Obtaining a permit for a delivery-only company is less involved but might still require holding a hearing for neighboring landowners before the county authority issues a permit.
Local, state and federal taxing authorities are very interested in the profit you stand to make from your sand and gravel business. Even if you intend to handle all your own bookkeeping, its a good idea to consult an accountant for advice on taxes, payroll and how to structure your company to best protect your assets. You must comply with your states laws governing unemployment compensation, workers compensation, commercial liability insurance requirements.
The crushing equipment is made up of metal surfaces that are capable of compressing materials, such as stones, quartzite, rocks, iron, etc. The stone crushing machines are used in various fields such as building materials, mining, metallurgy, highways, chemistry, railways, as well as continuous requirement from construction activities, such as highways, roads, canals, buildings, and bridges, etc. Growing construction activities, steady growth of economies as well as continuous development of roads and highways globally is expected to fuel the demand for stone crushing equipment during the forecast period. According to World Mining Data, the total mining production across the globe was accounted to be more than 16.5 billion metric tons in 2016, and the number is anticipated to increase significantly over the forecast period increasing the demand for the stone crushing equipment market.
Key Market Driver - Continuous development of the construction industry, globally Increased attention on the artificial stone and sand manufacturing industry owing to depleting natural reserves Key Market Restraint - High cost of stone crushing equipment as well as lack of skilled operators
There are many trends in the stone crusher equipment market which include, rising popularity for mobile cone crushers owing to its additional features allowing it to move anywhere and start working instantly. They also help to increase productivity at construction sites, owing to its flexibility. Additionally, the increasing demand for rental models of stone crushing equipment market, owing to high initial costs of stone crushing equipment is projected to boost the demand for the equipment, throughout the forecast period.
The key manufacturers are regularly involved in innovations and new product introduction strategies to gain a competitive advantage. Major players are also incorporating advanced technical features into the new products to deliver high performance & productivity across the application industries.
The key players in stone crushing equipment market include Terex Corporation, Komatsu Ltd., Caterpillar Inc., Joy Global Inc., Sandvik AB, Thyssenkrupp, Eagle Crusher Company Inc., BUCY International, IROCK Crusher, Astec Industries, etc.
The increasing number of high-rise structures in countries, such as the U.S. and Canada is projected to increase the demand for stone crushing machines in North America. The Middle East and Africa are also anticipated to register a substantial industry growth with upcoming projects related to the construction of skyscrapers in the Middle East countries such as UAE, Qatar, and Oman, etc.
In Asia Pacific, an increasing government expenditure in developing economies including China and India for the development of roads and highways is expected to boost the stone crushing equipment market growth in the region. For instance, the Government of India has initiated a road development program for North East India, which includes upgradation of 4,000 km of roads with a budget of around USD 3.3 billion. Furthermore, various long-term & short-term projects undertaken by the public & private sectors of developing countries in Asia Pacific are expected to further contribute to the market growth. The rising mining activities in Asian economies has also resulted in the increased application of stone crushing equipment in the region.
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A trading company generally sells a wide variety of products of different brands to consumers, business houses, and government-controlled companies. You can start a trading company of your own by purchasing products directly from multiple manufacturers or wholesalers and sell to end consumers or retailers.You can also start as an authorized trading partner for a particular company.
The costume jewelry market has grown significantly in recent times. The rapid urbanization and growing fashion consciousness are among the main key drivers for the growth of the costume jewelry market in the country. Check out our guide on how to start a costume jewelry business to learn more.
The garment trading business is easy to start and can be started by anyone. It is one of the most popular trading business ideas in India as it requires low investment to start. If you are a beginner with a low budget, you can start from too. You need to find a niche and find a reliable wholesaler who can provide you the items related to the category.
Though the market is competitive, still the volume of consumption is so large, selling fast-moving consumer goods is a lucrative business. If you have a reasonable amount to invest, you try to be a distributor of reputed FMCG brands.
Scented candles are used mostly for creating aromatic ambiance and in cases of reducing stress. The decorative scented candle market has grown substantially mainly because of the growth of the e-commerce industry in the country.
The popular eCommerce sites have made it easier for both seller and buyer in selling and buying scented candles. As a result, the future of scented candle trading has huge growth potential in the country.
The health benefits of consuming green tea have also prompted the shift among consumers. If you are looking for a product that has a high-profit margin with growing market potential, the green tea trading business is worth considering.
The herbal personal care products in the last few years havegrown exponentially. There is still a huge scope for market expansion. Industry pundits predict the ayurvedic Market is poised to grow at a CAGR of more than 16.0% over the next decade.
Brands like Patanjali have successfully tapped the previously unexplored herbal personal care segment to good use. Starting a trading business in this segment is almost a certainty in the present market.
The leather bag industry has shown significant growth in the domestic market in the last decade. More importantly, specialized retailers have dominated the market. There are plenty of items like purses, wallets, etc in the leather bag industry you can choose from for starting a leather bag trading business.
Industry experts predict that the mobile accessories market is expected to grow by over 10% in the coming five years. Some of the high demand products in this segment are phone cases, headphones & earphones, power banks, portable speakers, and many more. There is a wide scope of making profits in the mobile accessory trading business at present.
Most countries are primarily an agriculture-driven economy. The pesticide market is expected to grow at a CAGR of more than 10 % in the coming five years. If you are living in a semi-urban or rural area, starting agrochemical and pesticide trading business is worth considering.
The government is encouraging the solar industry like never before. Solar power is considered the most viable alternative for power sources. There are many solar items like solar heater, solar led light, solar inverters, etc showing demand largely from rural areas in the country.
The sale of cars and vehicles is on the rise in the country. The reason mainly is because of the growing aspiration of the middle class in the country for a better lifestyle. There are many items like auto spare parts, engine parts and mounts, tyres and tubes, gears and gear parts, etc which shows increasing demand.
The market is competitive and always evolving with newer technologies. But considering the huge growth volume of the domestic market, there is still a wide scope of making good money in the computer peripheral trading business.Get in Touch with Mechanic