Feasibility Study and Business Plan for Plastics Recycling Unit

Aikya Global Inc. is considering the establishment of a recycled plastics compounding unit to mitigate environmental concerns and capitalize on the growing demand for sustainable materials. The project aims to develop a comprehensive business plan that outlines the operational, financial, and marketing strategies necessary for setting up the recycling unit. The team will conduct market research to understand industry trends, analyze potential locations for the facility, estimate the costs involved, and project potential revenues. The goal is to create a viable business plan that can be presented to stakeholders and potential investors, demonstrating the feasibility and profitability of the proposed recycling unit. Key tasks include: - Conducting market research to identify demand and competition. - Analyzing potential locations for the recycling unit. - Estimating operational and capital costs. - Projecting revenues and financial viability. - Developing marketing strategies to promote the recycled plastics.