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written by | October 11, 2021

Beginner's Guide on How to Start a Drilling Business in India

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Table of Content


Geological scientists, construction managers, mining companies all need core drillers. Core drillers are essential for those in the resource extraction industry. They allow them to discover the most suitable locations to mine. Construction managers also need core drillers to create perfect concrete holes for wires and pipes.

FAQs

Q: How to Start a Borehole?

Ans:

1. Hydro-geologists site the borehole

2. Drilling and Construction

3. Determining the yield of the borehole

4. Pumping and piping the borehole

Q: Is the construction business profitable in India?

Ans:

Most of the Indian construction, procurement and engineering majors operating in sectors like water supply, urban infrastructure, wastewater management, bridges and buildings, irrigation, roads work on EBIDTA earn operating profit margins of 10%.If you've got a private company, the profit margin will depend on certain factors.

Q: How Do Well Drillers Find Water?

Ans:

If there's a shortage of wells in your area, a good driller can help by putting down some test holes. An aquifer or pumping test will be conducted to check the water-bearing properties of the hole done by the well.

Q: How Much Does a Borehole Cost?

Ans:

If your shoes are 40 feet, the cost will be 40 feet x ₹200 = ₹8,000. However, if you fail to get water at that point, the charge will be half - ₹4,000.

Q: Is the Drilling Business Profitable?

Ans:

Drilling business can be of many kinds, for example - oil drilling, water drilling, etc. Like any other business, success/failure and profit/loss depend upon the people working, planning, execution, etc. However, the straight answer remains a big 'YES.'

Q: How to start a building material business?

Ans:

Here are the steps:

1. Contact companies or material suppliers to get the building materials.

2. Select the perfect location for your construction material business.

3. Arrange transportation.

4. Make a building material business plan and get a licence.  

5. Calculate the business setup cost and prepare an appropriate budget accordingly.

6. Look for experienced and reliable employees.

7. Focus on marketing your new venture.  

8. Ensure flawless customer service.

Q: What are the best construction materials business ideas?

Ans:

Here are the most lucrative construction material business ideas:

1. Cement retailing

2. Real estate broker

3. Retailing in ceramic tiles

4. Chimney installation and repair

5. Manufacturing of bricks and blocks

6. Electrical and light fitting

7. Project management consultant

8. House repairing services

9. Plumbing sales services

10. Landscaping services

11. Wallpaper fitting

Q: What are the best construction business ideas?

Ans:

Here are the top ideas:

  • Cement retailing business
  • Real estate broker
  • Retailing in ceramic tiles
  • Chimney installation and repair
  • Plumbing sales services
  • Manufacturing of bricks and blocks
  • Electrical and light fitting
  • Project management consultant

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The information, product and services provided on this website are provided on an “as is” and “as available” basis without any warranty or representation, express or implied. Khatabook Blogs are meant purely for educational discussion of financial products and services. Khatabook does not make a guarantee that the service will meet your requirements, or that it will be uninterrupted, timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your own risk. Khatabook will not be liable for any false, inaccurate or incomplete information present on the website. Although every effort is made to ensure that the information contained in this website is updated, relevant and accurate, Khatabook makes no guarantees about the completeness, reliability, accuracy, suitability or availability with respect to the website or the information, product, services or related graphics contained on the website for any purpose. Khatabook will not be liable for the website being temporarily unavailable, due to any technical issues or otherwise, beyond its control and for any loss or damage suffered as a result of the use of or access to, or inability to use or access to this website whatsoever.
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Disclaimer :
The information, product and services provided on this website are provided on an “as is” and “as available” basis without any warranty or representation, express or implied. Khatabook Blogs are meant purely for educational discussion of financial products and services. Khatabook does not make a guarantee that the service will meet your requirements, or that it will be uninterrupted, timely and secure, and that errors, if any, will be corrected. The material and information contained herein is for general information purposes only. Consult a professional before relying on the information to make any legal, financial or business decisions. Use this information strictly at your own risk. Khatabook will not be liable for any false, inaccurate or incomplete information present on the website. Although every effort is made to ensure that the information contained in this website is updated, relevant and accurate, Khatabook makes no guarantees about the completeness, reliability, accuracy, suitability or availability with respect to the website or the information, product, services or related graphics contained on the website for any purpose. Khatabook will not be liable for the website being temporarily unavailable, due to any technical issues or otherwise, beyond its control and for any loss or damage suffered as a result of the use of or access to, or inability to use or access to this website whatsoever.