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Friday 8 April 2011

Manufacturing Business Ideas in India



Manufacturing Business Ideas in India
Manufacturing is the century old business idea in the world. First of all let us understand the basics of Manufacturing.
What is Manufacturing & How it Works?
Manufacturing is one of the main pillars that support the continued existence of our civilization. Every item we use and almost all of the food we eat are products of a manufacturing process. And many of us are employed in the manufacturing industry. As applied to industries, manufacturing means the use of equipment, raw materials and manpower to produce goods on a large scale for use as intermediate product or direct selling to end users or consumers. While the most common picture of a manufacturing operation is a large scale operation like tobacco product manufacturing, manufacturing can also be as simple as a home based tortilla making business.
While manufacturing is often associated with large-scale production, it can also mean a simple business run by a work-at-home mom. True, they have different operational needs, but the basic principles applicable to every business remain true for them, regardless of size.
Just see all around you and you will find several Manufacturing Business Ideas all around you. Here is a List of Top Most Manufacturing Business Ideas in India.
01) Tobacco Products
02) Consumer Goods
03) Mobiles
04) Chemical Products Manufacturing
05) Equipment Manufacturing
06) Computers & Peripherals Equipment Manufacturing
07) Software Products
08) Educational Products
09) Intellectual Properties
The above are just the few Examples. There are literally hundreds of Manufacturing Business ideas in India. You will be surprised by knowing that, you can not only Manufacture the physical products. But you can also manufacture Intellectual (mind work) products also such as Softwares, Educational Products, Digital Information Goods and many others.
Economics of Manufacturing Business -
Large-scale operations benefit from economies of scale. By buying raw materials in bulk, a business could get contracts for a lower price, reducing the cost of material per unit of goods produced. Expanding the scale of one’s operation has the same result – lower cost of production for each product made. Economies of scale can also be obtained in the area of marketing. The more products are sold, the wider the range at which advertising cost can be spread over.
Thus, India is a great place for your Manufacturing Business. You can start your Business in any one or more of the above Industries and make your fortune.

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