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Bangladesh happens to be the 8th most populous country in the world with a population that is well over 160 Million. It is located in the southern eastern part of Asia and is bordered by Burma, India and Nepal.
The economy of Bangladesh is a progressive one and it is considered to be among the next eleven emerging economies in the world. It is a fact that Bangladesh is the birth place of microfinance banking with credit to the Noble Peace Prize winner Muhammad Yunus. The economy of Bangladesh revolves basically around the exportation of textile and garments, seafood, jute and fish.
The Government of Bangladesh is doing all they can to encourage foreign investors; hence the establishment of several export processing zones. If you intend to come into Bangladesh as a social entrepreneur, then you may be coming into a safer environment because the country has a vibrant social enterprise sector and it is noted as one of the most efficient production/manufacturing hub in the world.
Now let us run through some of the business opportunities that are available to investors heading to Bangladesh.
Biodegradable Cups & Plates
Today consumption of Disposable products is breaking records. Disposable products are easy to handle, economical and can be disposed easily. With the changing lifestyle of Mankind, the use of disposable products is raising like anything. Plastic Disposable products are very popular because it can be carried easily and very low in prices too. There is a huge variety available in Plastic Disposable products. Plastic Disposable products are like a gift for today's hectic lifestyle, they save your energy and money both.
Disposable products are made of various materials such as dry leaves, pulp, papers and plastic etc.
The construction chemicals industry depends on the construction industry for its growth. However, the Indian construction chemicals industry has maintained a consistent growth rate in spite of inconsistent growth of the construction industry. This shows that the application of construction chemicals in construction works is increasing gradually.
Biodegradable Shopping Bags
Biodegradable items like Biobags for natural waste are produced using common materials, for example, corn starch. These materials are compostable and designed to separate all the more rapidly. Compostable packs are produced using natural materials or polycaprolactone. Compostable items are helping numerous families and organizations to gather, discard, and manure their nourishment squander viably. By picking the eco-accommodating sacks, you can spare the earth and shield the biological community from plastic contamination.
Aluminum Alloy Ingots
Ingots are very large casting products, greater in size and shape than blooms, billets and slabs. Ingot generally has rectangular/square cross section, but it is not necessary that it should be uniform through out its length. (Ingot may have variable cross section.)
Courier Bags & Garbage Bags
According to the World Bank report, the amount of garbage generated in urban areas, globally, is growing at a faster rate than the rate of urbanization. On an average, each person produces 1.2 kg of garbage per day and, thus, 7.4 million tons of garbage is produced per day in the world. This waste comes from households, schools, offices, market places, restaurants, industries, commercial complexes, agriculture, etc.
Drymix Mortar Technology plays a vital role in the development of today's global construction materials market. Not only are these mortars essential for the aesthetic finishing of a building, in more and more cases they provide for thermal insulation and are essential in increasing construction efficiency. All around the world, with the largest growth rates currently in China and Brasil, new applications are being developed to address specific targets of the building industry, as well as those of the general public (e.g. environmental issues).
The market for 100% juice should return to growth despite global economic slowdown and the recent debate around sugar, according to Tetra Pak's 100% Juice Index report. The findings indicate that 100% juice remains a significant part of the average consumer's diet, with over 40% consumers saying they drink it every day. It adds that consumers are willing to pay a premium for juices which they believe are healthy.
Milk/Dairy Processing Plant
Dairy farm is of course a thriving and profitable business because of the usefulness of beef and milk. People eat beef, drink their milk, and use their fur and skin. With cattle milk, cheese can be made along with other dairy products. The Dairy Farms Industry is indeed a large industry and pretty much active in countries such as United States of America, United Kingdom, Canada and Australia. There is no single dairy farm that has dominated market share in the industry hence smaller dairy farms businesses can successfully make profit.
Re-Refining of Used Engine Oils
The used oil re-refining market has evolved tremendously in the last decade. From being a disposal liability, used oil is now a product with significant economic value. The growth in basestock prices created the incentive to maximize used oil collection. At the same time, the used oil collection infrastructure and re-refining technology continues to improve.
Solar Power Plant
Power supply in most of the cities and towns is unreliable, which has forced the people to use small generators. These generators are operated with fossil fuels like kerosene, petrol or diesel cause pollution. It also leads to increase dependence on oil imports.
TMT Bars & Wire Rods
TMT stands for the thermo-mechanical treatment of bars. TMT rod or TMT bar manufacturing is a medium or large scale operation. It is a highly profitable business depending on the manufacturing technology you are using. India is currently the world's fourth largest producer of crude steel after China, Japan, and the US. We can expect the steel production growth to reach 200 million tons by 2020 as compared to 71 million tonnes recorded last year.
Wall Putty (White Cement Based)
White cement based Wall Putty a plastering material to fill the holes and patches before paint primer or distemper. In general, fillers & stoppers are paste-like materials, highly pigmented, used to fill surface imperfections (fillers) and to make good gross surface defects prior to painting operations (stoppers)
We at EIRI has recently identified the following most profitable projects for Telangana Region having bright future scope and having tremendous demand in future.
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