A Feasibility Study is the first step towards confirmation of an entrepreneurial or expansion venture. Industry Experts is able to undertake Feasibility Studies in part or complete for organisations interested in establishing their footprint in India. Our Feasibility Study envisages and analyses all relevant factors concerning establishment of the project and includes Pre Feasibility Studies if required followed by a Detailed Feasibility Study including as required Market Assessment, Site Selection, Technology Assessment and Selection, Capital Costs, Raw Materials, Utilities and Manpower requirements, estimated Project Implementation Schedule and Legal feasibility covering Company Laws culminating in the Economic and Financial Feasibility analysis. This study is crucial for the company management to ascertain project viability, discern pros & cons and evaluate the project’s potential for success before moving ahead with the undertaking.
Industry Experts is associated with a panel of experts comprising professionals from relevant fields with long standing experience in diverse industries who shall be engaged in conducting the feasibility study in close coordination with company management to understand and incorporate all relevant parameters in the said project.
The broad areas which our Feasibility Studies will cover are as under.
Technical & Operational Feasibility
This Study will focus on the Site Selection including Land / Building Topography, Infrastructure availability vis a vis requirement, Technical Resources covering equipment, machinery, instrumentation and automation resources, Manpower including managerial/executive resources and skilled/unskilled labour, Logistics including Transportation Facilities for both inputs and outputs. and Urban Facilities including education, health, housing and local transportation infrastructure available in & around a particular location to determine the suitability of the site in meeting the requirements of the Project.
This study will focus on assessing / projecting the timelines for project completion keeping in mind Project Specifications, Registrations, Licenses, Approvals, Finance, Plan layouts & drawings, Procurement of Plant & Machinery and Erection and Commissioning. This information is also crucial towards deciding the launch of a project since its completion time directly impacts various aspects of operation and sales and consequently securing the financial projections aimed over a given time line.
This study will focus on the Industry specific Government Regulations, Local Regulatory Structure, Environmental Laws, Registrations & Licenses, Trade & Manufacturing Policies & Procedures, Duties, Tariffs & Exemptions, Zoning Laws, Construction laws and Data Protection acts or Social Media Laws to assess the project’s feasibility & viability at any given location.
This assessment helps companies determine project viability before the commitment of financial resources. With a cost to benefit analysis in focus, this aims to provide the decision-makers relevant inputs enabling the determination of the positive economic benefits to the organization that the proposed project will provide.
Assessment of funding & investment possibilities and opportunities for garnering resources - procurement of capital through Banks, Non-Banking Financing organisations, Investors, Venture Capitalists, etc.
The relevance of a Feasibility Study lies in providing important information to project stake holders with an aim towards appropriate assessment of the economic viability of the Project and understand the Internal & External constraints the proposed project may face, all of which will help in making appropriate decisions best suited for the project.