Best Business Ideas to Start Business in Construction Industry
India is a developing country and construction is vital part of it so there are lots of construction projects ongoing such as roads, bridges, buildings, schools and colleges, etc.
During the pandemic, the pace of construction slowed down, but if seen annually, more construction has been done according to percentage as compared to every year.
In this technological era, people want to try new ideas or something different and better.
As for construction, nowadays developers as well individuals have started using fly ash bricks, concrete bricks, and paver blocks for construction.
If you want to start your own business or searching for an idea for a business to begin, you can choose from a fly ash bricks, or concrete bricks, or blocks making.
It is a growing and most profitable business especially if you know how to set up or run the business.
Globally, this industry is hugely profitable. So, you can make a lot of profit in this businesses.
The Indian construction industry plays an important role in the economy and contribute around 9% of India’s GDP.
Global Data’s ‘Construction in India – Key Trends and Opportunities to 2023’ report declare that India’s construction industry is presumed to grow at a compounded annual average of 6.44% to US$690.9 billion in 2023.
Also, according to a research by Global construction and Oxford Economics, India will become the world’s 3 rd biggest construction market by 2025, adding 11.5 million homes a year to become a $1 trillion a year market.
This is very encouraging for the entrepreneurs who will start a new journey in the construction industry in India.
In view of, this is the great time to begin your business. First, let’s take a look at Fly Ash Brick Making Business.
FLY ASH BRICK
The looks of fly ash bricks are very magnetic due to their pleasing color like cement, uniform size, and smooth finish.
It has high robustness, no breakages/wastages during transport and handling.
The heat passes ratio of fly ash bricks is 0.90 – 1.05 W/m2.
They soak up less heat and keeps your building cooler in summer makes it most appropriate for Indian climates.
These bricks are highly durable and less permeable. The lower permeability can efficacious decrease the effect of efflorescence on bricks.
These bricks are highly fire-resistant compared to normal clay bricks.
Fly ash bricks are environmentally friendly as they are made of Fly Ash which is a waste generated by burning of coal in thermal power plants.
These bricks have easy workability, sock up less water and cost is around 30% lower than clay bricks.
Because of its lightweight, these bricks are appropriate for multi-story structures. Fewer weight means fewer stress on the establishment.
If you are searching for a Swadeshi Business Idea, Fly Ash Bricks Manufacturing is a great idea.
Fly ash bricks are distinctive bricks manufactured from industrial wastes such as fly ash, water, quicklime or lime sludge, cement, and gypsum so, t hese types of bricks have gained popularity worldwide over clay bricks.
HOW TO START FLY ASH BRICK MAKING ?
Area Requirement & Profit
In our country, 72% of Power plants based upon coal and they generate 40 million tons of fly ash per year.
According to a report of the Village Industries Commission (KVIC), the cost of starting this business is around 20 lakhs.
You require at least around 20,000 to 50,000 square feet of land and 15 to 20 worker and require fly ash brick making machine.
These Fly Ash Brick Making Machines have various models and capacities from 1000 to 10,000 bricks per hour.
The cost of this machine is according to production capacity which starts from 15 Lakhs.
Now take a look at Concrete Brick and Block Making Business.
CONCRETE BRICK AND BLOCK MAKING BUSINESS
It is a productive way to create a low-maintenance home in a high-moisture location.
It gives a natural level of fire resistance and materials can lower a homeowner’s energy usage.
Homes made from concrete brick and block are practically soundproof.
This material makes a fine home choice for many people.
The walls of a concrete brick and block home can manufacture off-site.
If a natural calamity strikes, then a concrete brick and block home is usually cheaper to rebuild.
A concrete brick and block business is significant to the building industry. This concrete brick and block business plan will be useful to you.
First you need to do a market research. A great business idea will let the entrepreneur see all the aspects about the business.
Today various types of concrete blocks available in the market.
Among them solid concrete blocks, hollow concrete blocks, concrete stretcher blocks, concrete corner blocks, concrete pillar blocks, jamb concrete blocks, partition concrete block, lintel blocks, frogged brick blocks, bullnose concrete block, etc.
The fully automatic concrete brick and block making machines are suitable for the manufacturing of high-strength Concrete Bricks and Blocks.
These automatic machines produce superior quality Concrete Bricks and Blocks, but it requires significant capital investment.
The manually operating machines are also obtainable and can even be install in the project area.
Moreover, the average initial capital needed for covering the costs of equipment, land purchase and employment is around 1 crore or nearby.
Fly ash brick, Concrete blocks, and Pavers can be useful for different location in various construction projects, whether you’re laying down a roadway, pathway, building load-bearing masonry walls, or creating partition walls.
This types of brick, block and paver manufacturing plant has huge potential in existing industrial market.