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EXECUTIVE SUMMARY
BIO-MASS GAS:-BMG is the planned manufacturer and seller of biogas cylinder.Company also produces electricity from biogas.
TEAM:-The Company is set up by Mr. Pankaj Singh and his friends Prachi Garg, Pankaj Mishra, Pankhuri Gupta and Renuka Nagar after completing their PGDM.Our Company aims to become a market leader after five years.
PRODUCT:-In starting company will provide Biomass gas cylinder to the customer and in next five years company will produce electricity from biogas.
INDUSTRY:-Earlier government had also promoted the production of biogas. In rural area government motivate village people to produce biogas and used it for electricity because in rural area condition of electricity is so good. India is a agricultural based country so raw material is easily available in rural area by which we can produce biogas. Since liquefied petroleum gas is scarce source of fuel energy so price of LPG cylinder increases day by day and BMG cylinder will fill this gap. The current market size of LPG is .Our competitive advantage is will be, there is no big player in the market which produce and sell biomass gas cylinder.
OPERATIONS:-Our plant will be setup Patna in Bihar. Because raw material is easily available.Labor is also easily available at appropriate wage rate. Land for plant is also available at low price. Government provide loan for business at lower interest and gives subsidies. For next five years government will not charge any type of tax like VAT and corporate tax.
TARGET MARKET:-We are targeting both high income group family as well as low income group people. Our main target consumer is those families which have low income and they