Studying the recent advancements in Industrial Engineering stream, we have tried to examine the trend and behavior of an industry before it is actually commissioned and erected. A need of a detailed plan describing its whereabouts, its capacity, and behavior as well as expense in terms of
area, money and parameters like marketability, budget and need of human resource is felt. So, we have tried to develop a detailed business plan according to which the future of industry can be forecasted. We have incorporated various parameters used as a tool in industrial engineering.