Minerals & fuels

Start from a product India already imports, so demand is proven. Talk to importers about price, quality and lead time, register on Udyam and GST, get an IEC if you will import machinery, then secure a shed and your pollution, factory and fire approvals. Our step-by-step guide on each product page lists the licences, documents, schemes and contacts.

It depends on scale. Typical ranges, covering machinery and first working capital but not land: Varies widely by product and scale: Ask your DIC for a model project report. PMEGP subsidy and collateral-free CGTMSE loans can reduce what you put in yourself.

Most units need Udyam (MSME) and GST registration, Consent to Establish and Operate from the State Pollution Control Board (unless white category), factory registration above the worker threshold, a fire NOC and a trade licence. Many products also need BIS certification before they can be sold.

India imported ₹0 cr in FY26 of minerals & fuels (the Minerals & fuels industry). That import bill is demand already inside India that local manufacturers can compete for. Figures come from the Department of Commerce and refresh automatically.

Profit depends on your costs and buyers, but the signals are visible in the data: a market of ₹0 cr in FY26. Large, growing imports with one dominant supplier usually mean buyers will pay for a reliable local source. Validate margins with real quotes before investing.

New micro units can use PMEGP (15–35% margin-money subsidy) and collateral-free loans under CGTMSE and MUDRA. States add capital subsidies and interest subvention under their industrial policies; check your state's single-window portal.

Indian machinery makers and dealers exhibit at industry trade fairs, and industry associations and MSME Development & Facilitation Offices can introduce suppliers. Imported machinery can come duty-free under EPCG if you export. Ask for references from existing plants and include installation and training in quotes.

Yes. Get an Importer-Exporter Code (IEC) from DGFT, register with the relevant export promotion council, and check the destination country's standards. Exporters can claim RoDTEP refunds and import machinery duty-free under EPCG against an export obligation.