123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Top 5 Business Ideas Post Covid Lockdown

Profile Picture
By Author: SolutionBuggy
Total Articles: 24
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

China has been the largest manufacturing center in recent years, but the main players are now looking for more stable production centers due to the confrontation between the United States and China, the recent fear of falling oil prices and the corona virus, which It was developed in the world market during the past year. Because companies are seeing so much impact on their supply chains due to the current epidemic, they are considering backup locations to move their production plants. Production had to be halted as these units stalled again in China as exports stagnated. Wuhan, the multiple manufacturer of automotive components, has negatively impacted the automotive industry in the residential world. The auto industry has already been eliminated by a slowdown in the market and an automatic slowdown in production, and now it is even more so with the epidemic.

While these global companies seek to change their business model and move towards contingency, the companies are considering changing their supply, in part or in full, from China. Japan has already spent $ 2 billion to pull its supply chain out of China. Alternatively, ...
... the gaze has turned to India. Many manufacturers of electronic, automotive, healthcare and mobile phone equipment have changed their appearance to MSMEs in India. As China mismanaged the supply chain and minimized the risk of a forensic virus spreading, companies are eager to get out of it.

For entrepreneurs looking for new production business ideas, or for those looking to expand / diversify, there are still plenty of opportunities on the market after Lockdown. Some of these are small-scale manufacturing business ideas.
Food Processing
Since food is one of the requirements, the food processing sector is always in demand. Investing in the food processing industry is also said to be a safe investment. As the world becomes healthy, there is an increasing demand for healthy and nutritious food. With the need for nutritious food already, it is even more important after the coronavirus epidemic. Two small business ideas in food processing can be,
1. Immunity Boosting Foods
Since strong immunity is a shield for the coronavirus, the market for immunity-boosting super foods is large and in high demand.
2.Plant based Protein
Because meat is still considered at risk due to an infectious disease, people can look for other sources of protein. A plant protein diet can be a great opportunity and more rewarding.

FMCG
FMCG has always had a constant demand in the market. Furthermore, with its wide variety of products, FMCG always launches new products on the market. Given the infectious disease situation, the industry urgently needs disinfectants and it will be in the coming days. Two of the best business ideas at FMCG with a sustainable market.
1.Compact Disinfectants Sprays and Sanitizers
After lifting the blockade, the journey into the city resumes. Therefore, compact sanitary sprays and disinfectants can be useful as safety measures. In addition to disinfectants, sanitary sprays also serve as disinfectants for displaying equipment in offices, public transportation, and gyms.

2.Disinfectant Tissues/Paper tissues
Non-toxic disinfectant fabric may be another beneficial idea in the consumer goods sector, as it has caused panic among people in the crown, it seems persistent. For healthy and wellness measures, the use of tissue paper in individual hospitals and departments will increase and create new demand.

Pharmaceutical Industry
India supplies 50% of global demand for various vaccines, 40% of generic drugs and 25% of drugs in the UK. With the epidemic, the world is preparing not only to emerge from it, but also for such outbreaks. Therefore, the pharmaceutical industry is ideal for starting a business or expanding an existing business. Some of the best product ideas that are in high demand in India.

1.Herbal Immunity Tonics
Since India is the source of Ayurveda, most of our solutions come from our kitchen. Especially during this type of epidemic, people hope to develop strong immunity, and therefore herbal medicine is a reference product for improving immunity.

2.Active Pharma Ingredients (API) for OTC Drugs
For forecasts of a growing epidemic and the second wave of coronaviruses, API preparation can be cost-effective and life-saving. Production API; It occurs in all medications and produces specific effects to treat the different symptoms initially imported into the pharmaceutical industry.

Chemical Industry
With India's chemical industry, the government can appeal to the government to rank its industry as needed, facilitating the launch or expansion of the chemical industry. Due to the epidemic, there is an increasing demand for various drugs. Also, chemicals like chlorine, nitric acid, sulfur, sulfuric acid and many more are important ingredients in the preparation of CE conditional products. The most essential and profitable products in the chemical industry.

1.Chemical for Pharmaceutical Industry
As mentioned above, canned products in the pharmaceutical industry are classified as essential but not as raw materials like chemicals. With the application of the chemical industry as a necessity, the chemical production business, which serves as the main raw material in the pharmaceutical industry, is known as the most important and profitable.

2.Argochemical Industry
In the wake of the COVID-19 epidemic, people and the government hope to get rid of malnutrition. A healthier, stronger, and more immune person can fight COVID than those who suffer from malnutrition. Therefore, all countries are making a new invention in agriculture to achieve food security. The chemical industry, which produces fertilizers and pesticides with enhanced innovation in productivity and sustainable growth, is welcomed with open arms.

Packaging Industry
Almost all consumer goods in India contain plastic packaging. In several cities, the government has already called for a ban on plastic. In addition, the decrease in contamination during the closure is viral on social networks. This is the most lucrative scenario for creating biodegradable packaging. As the COVID-19 pandemic spreads through drops, people are hesitant about recycling products, so biodegradable packaging can be a promising, safe, and eco-friendly way. Some of the best biodegradable packaging ideas.

1.Packaging Food Products
The safety of consumables and eco-friendly packaging will further motivate people to opt for biodegradable packaging due to decomposition. Therefore, the dependence on Areca, bamboo, molasses and other biodegradable materials for packaging is increasing.

2.Corrugated Box
With supply chain talks to India and industries and logistics to resume production, this is the right time for corrugated box production. Its need may increase due to increased production conversations in various industries in India, especially in the pharmaceutical industry, where it is projected to produce 6 times more hydroxychloroquine than its ability to meet demand.
We have completed over 1,300 projects in various sectors across India because you can find the right consultants for you at SolutionBuggy and get our in-house guidance in the manufacturing sector.

Total Views: 254Word Count: 1086See All articles From Author

Add Comment

Business Articles

1. Lucintel Forecasts The Global Crude Heater Market Is Expected To Grow With A Cagr Of 4.5% From 2024 To 2030
Author: Lucintel LLC

2. How To Measure The Success Of Your Rpo Partnership
Author: VanatorRPO

3. Lucintel Forecasts The Global Cough Remedy Market To Reach $1 Billion By 2030
Author: Lucintel LLC

4. Are There Different Types Of Esd Tables Available?
Author: Jagadeesan

5. How To Extend The Lifespan Of Your Hydraulic Industrial Lift
Author: Jagadeesan

6. How Best Quality Skin Hydration Mask Work For Your Skin?
Author: Xtaz Mask

7. Mayank Domestic And International Movers | Call: @8792441400
Author: mayanksharma

8. Channel Partner Intelligence: The Power Of Collaborations To Unleash Growth
Author: Netscribes

9. How Customer Intelligence Helps Design Intelligent Business Practices
Author: Netscribes

10. The Importance And Evolution Of School Uniforms: A Comprehensive Guide
Author: abushaikh7261

11. Iso 17020 Certification Conformity Assessment - Comparison Of Iso 17020 And Iso 17025 Standards
Author: Sahin Alam

12. Dialyzer Market Size, Trends, Analysis, Demand, Outlook And Forecast By 2030
Author: pranju

13. How Can Ansoff Matrix Be Used For Developing Successful Business Strategies?
Author: Expandus Business Coaching

14. Deep Cleaning Service In Gurgaon
Author: Balaji Cleaning Agency

15. Lucintel Forecasts The Global Catheter Market To Reach $42 Billion By 2030
Author: Lucintel LLC

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: