Tuesday, October 26, 2021

Indian electrical equipment industry


Battery Manufacturing

This is one of the best-suited business ideas for entrepreneurs on a tight budget. You might already know that batteries are very important in almost every device such as radios, torches, mobiles, laptops, remote controls, toys, and more.

There is a huge market for this type of industry, and the best part is that the demand for batteries never goes down. So, if you plan well, you can make excellent profits here.

Capacitor Manufacturing

Manufacturing capacitors are one of the most profitable business ideas that you implement when you want to set up your business. This is because the demand for capacitors (the component where any electronic or electrical equipment’s energy is stored) is always on the rise.

You need to decide what kind of capacitor you intend to manufacture and choose your machine & material accordingly, with your budget constraints in mind.

Low-End IC Manufacturing

Making integrated circuits or semiconductors is a great idea because these =are used in quite a few applications today, including computers. With new technologies such as intelligent computing on the rise in India, there will be a huge market for ICs in the future.

You can prepare a detailed proposal and get help from banks and other government agencies to fund you for investing in raw materials.

LED Light Manufacturing

Since more and more people are becoming aware of energy-efficient bulbs today, LED lights are quite famous in India. When you can manufacture high-quality LED lights at affordable rates, your products will stand out from the competition.

Ensure that you get the proper license and work on the capital required before you proceed to start our business. Also, you can start with small-scale residential lighting first before upgrading your business to manufacturing commercial lighting.

Optical Fiber Manufacturing

Optical fibers are the essential items to transmit light between the two ends of the fiber and find wide usage in fiber-optic communications, where they permit transmission over longer distances and at higher bandwidths (data rates) than wire cables.

One can produce glass optical fibers from silica. However, you can use other materials, such as fluoro-zirconate, fluoro-aluminate, and chalcogenide glasses as well as crystalline materials like sapphire, for longer-wavelength infrared or other specialized applications.

Computer Assembling

The United States computer and office equipment industry constitutes more than 10,000 companies with collective annual revenue of US $180 billion. So undoubtedly, it is a very lucrative sector for entrepreneurs.

Cooling Solution

The market for industrial coolers in India is estimated at around Rs 3,000 crore annually and is estimated to grow at 25-30% every year. Installing industrial cooling for commercial establishments, airports, retail chains, banquet halls, proves its worth. Industrial cooling is slowly gaining increasing importance as corporates are looking to create a congenial working environment for their shop floor teams.

Air Compressor Production

Basically, the air compressor is an industrial item. Additionally, the air compressor has an intensive application in the automobile service industry. The air compressor production process is not complex. And you can start a small company with moderate capital investment.

CCTV Camera

CCTV stands for closed-circuit television. CCTV’s are frequently utilized for surveillance in locations that may require regular monitoring such as casinos, banks, military installations, airports, shopping malls, convenience stores, etc.

Smartphone Production

According to market statistics, worldwide smartphone shipments are growing at 3.4%. Actually, Apple, Samsung, Huawei, OPPO, Vivo, Xiaomi, Lenovo, LG Electronics, Sony, and ZTE as the key vendors in the global smartphone market. And most of today’s popular brands started operation with a very small investment. So, if you have that confidence in yourself, you can definitely consider starting a smartphone production company.

Solar System Provider

The solar system is a popular alternative energy solution. Due to the very less recurring cost, the trend of using solar power is growing rapidly. The primary responsibility includes providing design, supplying materials, and installing them within your client’s budget.

E-waste recycling

If you have the space for it, why not start an e-waste recycling business? Old, obsolete electronics take up space in landfills. If you can create a business model that supports the recycling and refurbishing of obsolete tech, then you could have a lucrative enterprise on your hands.

Sunday, September 12, 2021

Govt Subsidies for EV charging Station

 During the Lockdown  period the total auto the total water industry suffered be it for the Maruti Suzuki, Renault ,Bajaj or any other company they have encountered with loss. But one interesting and inspiring fact that has happened to our Indian market is that the electric vehicle sector that is new it's grown during this period specially two wheeler and three wheeler. We have seen some potential in terms of the four wheeler industry also now if you see this increasing number of cells in terms of electric vehicle Sabhi asli EV charging infrastructure is having great potential at Indian as well as all emerging EV markets across the globe.

As per industry right now we have 4000 plus charging stations which is only 1% of 400000 charging stations. That means we still need a huge supply in this market. So we can see that there is clearly a demand and supply gap. By 2030 with expected penetration  2.9 million charging stations are required for India where exponential growth is expected from 2025 onwards so we need multiple entrepreneurs in this field especially in the charging station charging station sector. Overall EV charging is going to be a very high opportunity segment and we are very proud that we are trying our best to make this transition happen in India. Now let's see some government schemes and initiatives for promoting electric vehicle charging infrastructure business opportunity in India.

As every industry grows and demand Rises private charging infrastructure operators will come up to solve the issues of a more mature industry. Should the Indian government also come up with their Fame 2 scheme to promote electric vehicle charging station business opportunity and recently launched the express of interest to promote electric vehicles charging infrastructure. Indus Fame 2 scheme Government of India giving private players a subsidy of 50% to hundred percent of total charging station cost for the first 5000 public charging stations set up. The private players can easily use this funding and this incentive to set up their charging stations like in Apartments, commercial office properties, malls , hospitals , government offices and also near to the highways.  The Centre will give a boost to manufacturers to Innovative and vehicle segment specific charging solutions.

Easy charging is certainly not the one-size-fits-all IC engine feeling model example two and three wheelers will not incorporate with type 2 or CCS two inlets which are becoming popular for only the four wheelers due to this fact due to the share volume of the unit inside the vehicle and significantly cost impact. Minister of heavy industries and public Enterprises Prakash javadekar has been quoted as saying that in future at least one charging station will be available in most of the selected cities in a 4 km X 4 km grid. So in India several startups like voltic, EvQ points Magenta power and also some premium companies like Delta electronics Fortrum , Panasonic they also started giving dealership or distributorship opportunities for Indian entrepreneurs .For a new startup those who wants to start their business it's the best time to start with charging station Domain  because after 2025 we will see exponential growth of electric vehicle sector. Simultaneously the charging station will also grow so for this huge demand we need a lot of entrepreneurs so the big companies are also going to this market and also if you are entrepreneur so you can also target this market. In Indian market there are several models of chargers available like Bharti AC001, Bharat DC 001, type 2 AC charger ,CCS ,Chademo ,these charges are available in Indian market so every automaker in electric vehicles they are referring mainly the type 2 AC charger and for fast charging there selecting the CCS or the Chademo.

So if you see the market the first market will be the AC slow charger market then the market will be for the DC fast charging 80% market will be grabbed by AC slow charger then 20% market will be carried by the DC fast charger. So there is a huge opportunity in terms of AC slow charges business for small entrepreneurs and for DC fast charger that mainly e supported by the government.

In conclusion we can clearly say that in the coming years we will see a Surge of electric vehicle charging stations setup so every company and every other individual is preparing for this market so it's the best time to start your business or invest in the sector.

Indian electrical equipment industry

  Battery Manufacturing This is one of the best-suited business ideas for entrepreneurs on a tight budget. You might already know that batte...