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Best Business Opportunities in Mizoram- Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Mizoram is a state of India. It is located in the northeastern part of the country and is bounded by Myanmar (Burma) to the east and south and Bangladesh to the west and by the states of Tripura to the northwest, Assam to the north, and Manipur to the northeast. The capital is Aizawl, in the north-central part of the state. Agriculture is the dominant economic activity of Mizoram, engaging more than two-thirds of the workforce. Two types of agriculture are practiced: terrace cultivation, in which crops are planted on relatively permanent, graduated terraces on the sides of hills and mountains to conserve water and reduce soil loss; and shifting agriculture, in which tracts called jhum are cleared by burning, cultivated for a limited period of time. Mizoram has a population of 1,091,014 with 552,339 males and 538,675 females. This reflects a 22.8% growth since 2001 census; still, Mizoram is second least populated state of India. The sex ratio of the state is 976 females per thousand males, higher than the national ratio 940. The density of population is 52 persons per square kilometer. Mizoram gross state domestic product (GSDP) in 2011-2012 was about 6991 crore (US$1.1 billion). The state's gross state domestic product (GSDP) growth rate was nearly 10% annually over 2001-2013 period. With international borders with Bangladesh and Myanmar, it is an important port state for Southeast Asian imports to India, as well as exports from India.

TOURISM

Mizoram, the Land of the Highlanders, is sandwiched between Myanmar, Bangladesh and the states of Tripura, Assam and Manipur. The rivers, peaks, plains and the lakes are the treasures of Mizoram. It is full of high ranges running from north to south covered by greenery throughout the year. The Mizoram State Government begins to recognize tourism as an important sector of the economy which needs to be developed for greater income generation. More emphasis on sustainable eco-tourism, adventure tourism, village tourism and rural tourism would bring in high - value tourism. With the increase of tourist the need for budget hotels has been acutely felt.

Tourism has emerged as an important economic activity and one of the fastest growing industries in the world. Globally, Tourism is the fastest growing industry and in terms of value, it comes third only after petroleum and Transport Industry.

 

As such, Tourism Department in Mizoram is also one of the fastest growing Departments in Mizoram. The Department has achieved these objectives by constructing Tourist Lodge, Tourist Resort and other Tourist amenities in difference places of Mizoram through liberal financing of Ministry of Tourism, Government of India.


INDUSTRIAL POLICY

The Industrial Policy of Mizoram State was first notified on 15.3.1989 to give direction to the strategy for Industrial development of the State. It laid stress on reducing shifting cultivation by encouraging a shift from primary to secondary sectors while protecting the Socio-Cultural and ethnic identity of the indigenous enterprise of Mizoram.

In view of the National Industrial Policy which laid special emphasis for the development of Industries in the North Eastern Region, the Govt. of Mizoram had notified new Industrial Policy 2000 for accelerated Industrial and Economic development of the State. The Government had adopted the approach for identification of thrust areas and promoting them with fiscal and other incentives packages. Broad policy of Foreign Direct Investment (FDI) and Investment from outside the State has been adopted on Joint venture (JV) mode to safeguard the interest of the tribal population of Mizoram. Various administrative support system and market support system are also announced. The Govt. of Mizoram is mandated in giving sustainable employment and introducing better utilization of land by introducing New Land Use Programme (NLUP).

OBJECTIVES

•        To create infrastructure facilities, provide incentives and marketing as well as technical support to industries.

•        To provide skill development and training for educated youth to develop entrepreneurial skills and make them self-employed.

•        To create employment opportunities particularly to the vulnerable section of the society and people in rural area, ensuring inclusive development.

•        To reduce sectoral and regional imbalance in the industrial development in the State by promoting Industries under all sectors.

•        To create proper linkage of processing Industries with the farm produce of agriculture, horticulture, forest and livestock’s.

•        To attract investment in the state.

IDENTIFICATION OF THRUST AREAS

Thrust will be given for those industries based on value addition of locally available resources. Special incentives will be formulated for speedy development of industrial units engaged in any of the following thrust sector Enterprises.

•        Forest-based Industries

The vast bamboo and other forest resources of Mizoram will be optimally harvested for setting up of Industry for manufacturing of various high value bamboo and other forest based products.

•        Food Processing Industries

Primary production of various food items, whether agricultural based, horticultural or livestock based will be linked with processing Industries.

•        Handloom Industries

Handloom sector will continue to receive serious attention of the Govt. Utmost importance will be given for improving quality product by introducing improved design, packaging, branding.

•        Handicraft Industries

The traditional skill of Mizo people will be upgraded and diversified for market competitiveness of handicraft products.

•        Plantain fibre and hill brooms

The Govt. will encourage value addition of hill-brooms. The flow of raw and unprocessed broom outside the state will be discouraged by giving attention towards value addition to help local industry.

•        Textile related industries

Bulk production of readymade garments will be encouraged as this sector is having good potential for market outside the state and export.

•        Animal Feed and poultry feed Industries

The Government is giving thrust towards having sufficient meat and meat products for which farming has been encouraged.

INCENTIVES

The incentives offered under the Rules for the grant of incentives/subsidies under the Industrial Policy of Mizoram State are-

•        Subsidies on the cost of Project Report 

•        Land subsidy

•        Factory rent subsidy

•        Manpower development subsidy

•        Interest subsidy

•        Power subsidy

•        Subsidy on Power Line 

•        Subsidy on Power Generating set

•        State Transport subsidy on Plant and Machinery 

We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.

Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.

We can modify the project capacity and project cost as per your requirement.
We can also prepare project report on any subject as per your requirement.

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Activated Carbon from Coconut Shell

Activated carbon in any form of carbon shows high absorptivity for gases, vapours and colloidal solids in either the gas ion or liquid phase. It is available in many forms such as pellets, granules and in powder form. Activated carbon is very important chemical has wide application and employed by numerous industries which require absorption of certain gases and vapours in purification, in catalytic chemical reactions, decolorisation of vegetable oil and sugar solutions. Activated carbons have a large surface area, liquid phase or decolorising carbons are generally light, fluffy powder that exhibits surface areas of about 300 m2/g. while gas or vapour phase carbons are hard granules or formed pellets that exhibit surface areas from 800 m2 /g to 1200 m2/g. Activated Carbon Market is expected to garner 2,776 kilo tons and $5,129 million in coming years. Activated carbon is processed carbon with small, low-volume pores to increase surface area for chemical reactions and adsorption. Organic material with high carbon content is processed to manufacture activated carbon. Rising awareness and government support in the recycling of waste water are expected to benefit the growth of this segment over the next eight years. This activated carbon gives the result in lesser cost and hence is preferred over other forms of the product. Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Active Char Products Pvt. Ltd. • Adsorbent Carbons Ltd. • Aquanomics Systems Ltd. • Core Carbons Pvt. Ltd. • Genuine Shell Carb Pvt. Ltd. • Indo German Carbons Ltd. • Kalpaka Chemicals Pvt. Ltd. • Kan Carbon Pvt. Ltd. • Triton Laboratories Ltd.
Plant capacity: Activated Carbon :900 MT/annum Bio-Oil by Product:1,140 MT/annumPlant & machinery: Rs 129 lakhs
Working capital: -T.C.I: Cost of Project: Rs 283 lakhs
Return: 25.00%Break even: 59.00%
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Disposable Products (Thermocol Plate, Dona, Thali and Glass, Paper Coffee and Pepsi Glass, Silver Coated Dona, Plates and Spoons, Plastic Glass and Spoon, Tissue Paper)

Disposable cups, glasses, plates and spoons are used in daily life nowadays. In addition to be used at home these are largely used during at parties and other functions.The use of disposable items is increasing day by day because of better hygienic conditions, low cost, easy usability and impressive appearance. Plastic cups are largely used for tea, juices, coffee and other purposes.The tissues paper sector has boomed over the last few years. With a move to more luxurious tissue paper and ultra-absorbent paper towels the industry has been able to increase the tissue prices and create new brands to retain consumers. Pointing on disposable items is also quite easy and cheaper. The technology and machines are available in India and the cost is also less. This makes the disposable items more competitive and helps in increasing its market. The global foodservice disposables market is experiencing rapid growth, linked to growing online food ordering and home delivery services. Increasing consumer concern regarding hygiene is the most important factor driving the growth of the disposable food containers industry. Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian Major Players are as under • Shree Balaji Enterprises • Halai G S Plastic • Prakrithi Exports • Corp Scan Business Consultants • Shank Trading Corporation • Goldcoin Foam Private Ltd
Plant capacity: Thermocol Plates: 15,000 Th. Nos/annum Thermocol Dona: 15,000 Th. Nos/annum ThermocolThali:15,000 Th. Nos/annum Thermocol Glass:15,000 Th. Nos/annum Paper Plant & machinery: Rs 105 lakhs
Working capital: -T.C.I: Cost of Project: Rs 405 lakhs
Return: 28.00%Break even: 57.00%
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Spices in Pouch Packing

Spices are non-leafy parts (e.g. bud, fruit, seed, bark, rhizome, and bulb) of plants used as a flavoring or seasoning, although many can also be used as an herbal medicine. A closely related term, ‘herb’, is used to distinguish plant parts finding the same uses but derived from leafy or soft flowering parts. The two terms may be used for the same plants in which the fresh leaves are used as herbs, while other dried parts are used as spices, e.g. coriander, dill. Spices impart aroma, color and taste to food preparations. The volatile oils from spices give the aroma and the oleoresins impart the taste. There is a growing interest in the theoretical and practical aspects of the inner biosynthetic mechanisms of the active principles in spices, as well as in the relationship between the biological activity and the chemical structure of these secondary metabolites. Secondary metabolites in spices have been a fertile area for chemical investigation for many years, driving the development of both analytical chemistry and of new synthetic reactions and methodologies. In recent years, there has been an emphasis on secondary metabolites in relation to dietary components, which may have a considerable impact on human health. India is the largest producer, consumer and exporter of spices and spice products in the world and produces more than 50 spices. India is also a big exporter of Chili, turmeric, cumin, pepper and many other spices. Total spices export from India stood at 226,225 tons valued at US$ 621.78 in April-June 2016, registering a year-on-year growth of 3 per cent. Major importers of Indian spices in FY 2015-16 were US, China, Vietnam, UAE, Indonesia, Malaysia, UK, Sri Lanka, Saudi Arabia, and Germany. Export of organic spices from India has started in right earnest. The country at present exports around 50 tons of different varieties of organic spices. Exports will get a significant boost in the coming years as more farmers switch to organic methods. Spices Board India has prepared a document on production of organic spices. Spices in India have been grown in small land holdings, with organic farming gaining prominence in recent times. India is the world's largest producer, consumer and exporter of spices; the country produces about 75 of the 109 varieties listed by the International Organization for Standardization (ISO) and accounts for half of the global trading in spices. The revenues from India market are expected to expand to around USD 18 billion in FY’2020, growing with a CAGR of % from FY’2016 to FY’2020.Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian major players are as under • Kitchen Xpress Overseas Ltd. • Kohinoor Foods Ltd. • M T R Foods Pvt. Ltd. • M V J Spices (India) Pvt. Ltd. • Paras Spices Pvt. Ltd. • Spicer India Pvt. Ltd.
Plant capacity: 360,000 kgs./annumPlant & machinery: 26 lakhs
Working capital: -T.C.I: Cost of Project: 181 lakhs
Return: 29.00%Break even: 44.00%
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Electronic Toys

Today’s electronics have far more to offer. Many of the computer games currently online are frankly quite challenging, not to mention creative and thought-provoking, and the offerings for all ages down to wee little tots are immense.Smart toys are called as such because they help kids grow up to be, well, smart. The term “smart toys” is often used to mean two things: first, it refers to computerized toys that are designed and programmed to respond to a kid’s actions, which makes these toys “smart;” second, the term may also refer to the educational activities of the toys themselves, which help kids become “smart.” An electronic car that races back and forth while being watched by the child is not a smart tothe best toys are those that actively engage a child’s entire being – mentally, physically, emotionally, and socially. Electronics are by nature pre-programmed and simply cannot provide the same open-ended play opportunities as traditional toys. The Indian toy industry is estimated at about 400 million US dollars and until now has generated only 0.5 percent of the global market.Among the local manufacturers in India about 59 % are still focusing on the production of cheap and unbranded toys which appeals to the price-sensitive Indian consumers. In the future it is expected that these companies will shift towards branded toys as well to stay competitive with international companies, new launches and the offer of branded toys. The share of internet retailing in sales grew from 1 % in 2007 up to 18 % in 2012.Due to heavy demand it is a good project for entrepreneurs to invest. Few Indian major players are as under • Ajanta Pvt. Ltd. • Apple Allied Inds. Ltd. • Funskool (India) Ltd. • Hanung Toys & Textiles Ltd. • Mattel Toys (India) Pvt. Ltd. • Walt Disney Co. (India) Pvt. Ltd.
Plant capacity: 1,500,000 PCS/annumPlant & machinery: 75 lakhs
Working capital: -T.C.I: Cost of Project: 234 lakhs
Return: 28.00%Break even: 74.00%
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Wood Plastic Composite (WPC)

Wood-plastic composites (WPCs) are a product class that has been developing over the last 40 years resulting in increased applications and expanded market share. More specifically, WPCs are composites containing a wood component in particle form (wood particles/wood flour) and a polymer matrix. WPC or wood-plastic composite is a material made of wood powder or cellulose products such as cellulose fibers, lignin, and etc.; and also polyolefin, especially polypropylene which for different usage they have found different application. Wood is often used in plastics as a means to reduce price compared to a solid plastic product. Wood is often used in plastics as a means to reduce price compared to a solid plastic product. Wood plastic composite is good to solve the problem arises in the environment. There is scope of use agricultural waste product. In this case we will use waste polypropylene or polyethylene, or it may be used virgin polypropylene or polyethylene, waste wood flour. Rice husk, plastic additives like (DOP, DBP etc).The majority of WPCs are manufactured by profile extrusion, in which molten composite material is forced through a die to make a continuous profile of the desired shape. Wood plastic composites are an important and growing segment of the forest products industry. This industry segment has grown in double digit percentages annually for the past decade. In North America, the WPC market has been dominated by rail and decking products while in Europe more emphasis has been placed on automotive applications.The wood plastic composite market is projected to grow from $ 2579.90 million in last year to $4,601.7 million by 2019, with a CAGR of 12.2%. Polyethylene is the single-largest segment, holding 56.6% share of the global wood plastic composite market in last year and is projected to grow with a CAGR of 12.0% in 2019. North America is the largest market of polyethylene and Asia stood second in 2014.The demand for building and construction segment accounted for the largest share in 2014, at $2,579.9 million, and it is projected to reach $4,601.7 million by 2019. Entrepreneurs who invest in this project will be successful. Few major players are as under • Advanced Environmental Recycling Technologies • Beologic • Polymera Inc. • Fineko • Guangzhou Kindwood Co. Ltd • JELU-WERK J. Ehrler GmbH & Co. KG • Perth Wood Plastic Composite Company Ltd
Plant capacity: 1,440,000 KGS/annumPlant & machinery: 146 lakhs
Working capital: -T.C.I: Cost of Project: 391 lakhs
Return: 26.00%Break even: 56.00%
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IV Fluids

Intravenous fluids are fluids which are intended to be administered to a patient intravenously, directly through the circulatory system. These fluids must be sterile to protect patients from injury, and there are a number of different types available for use.Fluids are given when someone's body fluid volume falls. There are a number of things which can cause a drop in fluid volume. Vomiting and diarrhea are a classic example, which is why people are encouraged to drink fluids when they are sick, to keep their fluid volume stable.. When crystalloids are administered, they tend to create low osmotic pressure, allowing fluid to move across the blood vessels, and this can be linked with edema.Intravenous fluids can be broken into two broad groups. Crystalloids such as saline solutions contain a solution of molecules which can dissolve in water.The specific one used depends on the situation. Many other compounds can be added to the IV solution as a simple means of administration. For example, antibiotics, pain killers and so on can be added to the IV so the patient receives the drug at a constant rate over a long period of time. The Indian pharmaceutical industry is the fourth largest in the world in terms of volume of output and thirteenth in domestic demand. However, the Indian industry, valued at USD 17 bn in represented just over 1% of the global pharmaceutical industry (USD 1700 bn) in value terms. The domestic market is estimated at Rs 680 bn. The Indian manufacturing sector with an average annual growth rate of about 14% during the quinquennium 2002-2007. It is projected to grow at an average annual rate exceeding 15% during 2007-2010 and is likely to reach the level of about USD 23 to 28 bn in 2010. Parenteral Drugs India Ltd (PDIL) is the leading IV fluid producer in India with a capacity of 33 crore bottles a year and a market share of over 25 per cent. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Abaris Healthcare Pvt. Ltd. • AhlconParenterals (India) Ltd. • AxaParenterals Ltd. • Infutec Healthcare Ltd. • Kokad Pharmaceutical Laboratories Ltd. • Parenteral Surgicals Ltd.
Plant capacity: 27,000,000 Bottles/annumPlant & machinery: 476 lakhs
Working capital: -T.C.I: Cost of Project: Rs1060 lakhs
Return: 26.00%Break even: 53.00%
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Plastic Seals for Electricity Meters

Security seals are mechanisms used to seal meters in a way that provides tamper evidence and some level of security. Such seals can help to detect theft or contamination, either accidental or deliberate. Security seals are commonly used to secure truck trailers, vessel containers, chemical drums, airline duty-free trolleys and utility meters. Plastic security seals are manufactured normally in two styles; adjustable or fixed length. Adjustable length seals can fit many applications from securing the neck of a bag or mail sack to sealing chemical drums, first aid kits and fire extinguishers. Meter seals are used with electric or gas or water meters and usually molded in polycarbonate. The transparent body of the seal means that the locking mechanism is visible, and can provide clear indication of tampering. Meter seals can withstand exposure to sunlight and extreme weather, and a wide range of temperatures. The seals can be individualized to fit the needs of the user. Typical marking includes logos, special texts, and white pads for writing by hand, consecutive numbering and 1D and 2D bar codes. There are several technologies in use, including hot stamping, ink jet printing etc. India is currently witnessing a revolution in the field of energy metering, where advanced products are fast replacing the conventional ones. The current size of the dynamic energy meter market, estimated to be approximately Rs 2,200 crore, is trying to keep pace with the rapidly evolving requirements of end users in India and technological advancements abroad. ¨The current size of the energy metering market is approximately Rs 2,200 crore and it is expected to grow at a CAGR of 8-10 per cent over the next 4-5 years,¨ says SC Bhargava, Senior Vice President, L&T Electrical & Automation, which enjoys a market share of around 21 per cent of the Indian energy meter market. According to recent industry reports, distribution utilities globally are expected to spend $378 billion in smart grid technologies by 2030, where India is estimated to install 130 million smart meters by 2021. As per Frost & Sullivan’s analysis, in financial year (FY) 2010-11 (April 2010-March 2011) the overall electricity meters market was estimated at $460 million. As a whole you can invest in this project without risk and earn profit.
Plant capacity: 20,000 Th. Nos. /annumPlant & machinery: 84 lakhs
Working capital: -T.C.I: Cost of Project: Rs 158 lakhs
Return: 28.00%Break even: 77.00%
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Fruit Juice in Aseptic Packaging

A freshly squeezed orange or fresh pulped and strained apple would supply a fruit juice drink for immediate consumption, but to expect it to maintain its quality for even a day or two was tempting providence. Nowadays, with the benefit of ultra-high temperature (UHT) pasteurization, aseptic packaging techniques and systems, pressed juices can be stored for extended periods with very little deterioration in quality. Previously, reliance had to be places upon the use of preservatives and ‘classical’ pasteurization at lower temperatures (70ºC+) and longer holding times.Advances in instrumental analytical techniques have made it possible to identify those chemicals in natural extracts (whether of fruit or botanical origin) that provide the characteristic flavorprofile. This analytical knowledge, apart from leading the way to ‘designer drinks’, has also served to maintain and standardize the quality of a range of beverage types that still base their success upon traditional fruit juice systems. The majority of the active flavor components of most fruit types have been identified (TNO-CIVO) and provide the beverage technologist with a basis for the addition of certain characters in the development of a new product. The increasing numbers of health-conscious consumers in India, especially in the country’s urban areas, who are more focused on functionality and nutrition in their beverages rather than just their thirst quenching properties and convenience, drove the positive sales growth seen in juice in 2016. India fruit juice based beverages market was valued at INR billion in FY’2014 and has inclined from INR billion in FY’2010 registering a CAGR of over 21.6% during FY'2010-14. The growth of the market over this period has been fueled by the growing urbanization, rising disposable income and surging middle class. Fruit based beverages are largely consumed by the urban population, particularly by the middle class and upper class segment of the Indian population. The increasing disposable income and rising occurrences of diseases resulting from unhealthy lifestyles have greatly impacted the growth curve of the market over the years. The fruit-based beverages category is one of the fastest growing categories, and has grown at a CAGR of over 30% over the past decade. At present, the Indian juices market is valued at INR 1100 crore (USD 200 million) and is projected to grow at a CAGR of 15% over the next three years. Due to heavy demand it is a good project for entrepreneurs to invest.
Plant capacity: 3,750,000 Ltrs. /annumPlant & machinery: 96 lakhs
Working capital: -T.C.I: Cost of Project:1144 lakhs
Return: 3.00%Break even: 85.00%
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ADHESIVE FROM MAIZE STARCH

An adhesive is used in order to bond two substances together. To enable the bonding the adhesive has to have surface adhesion and cohesion. This means that the adhesive used must be able to develop an adhesion to the substrate and after setting it has to have the required bond strength (cohesion).The wet ability depends on the adhesives and the substrates surface energy. The adhesive, therefore, needs to have a lower surface energy than the substrate. The lower energy is a necessity, because nature aims to obtain a decrease in total energy.The durability of an adhesive joint is affected by other factors as well, for example the application which it is used for (indoors or outdoors), the load it has to bear and the temperature it will be exposed to.In addition to good adhesion and cohesion, there are other requirements on adhesives as well. For example the adhesive needs to be able to go through processing that is normal in adhesive manufacturing and have a reasonable price. Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian Major Players are as under • Anabond Ltd. • Arofine Polymers Ltd. • C I C O Technologies Ltd. • F C L Technologies & Products Ltd. • Feroke Boards Ltd. [Merged] • Golden Chem-Tech Ltd. • Henkel Adhesives Technologies India Pvt. Ltd.
Plant capacity: 1,500,000 Kgs/annumPlant & machinery: 24 lakhs
Working capital: -T.C.I: Cost of Project: Rs 134 lakhs
Return: 26.00%Break even: 47.00%
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Extraction of Oil from Rajnigandha

Essential oils, also called volatile odoriferous oil, are aromatic oily liquids extracted from different parts of plants, for example, leaves, peels, barks, flowers, buds, seeds, and so on. They can be extracted from plant materials by several methods, steam distillation, expression, and so on. Among all methods, for example, steam distillation method has been widely used, especially for commercial scale production. Essential oils have been widely used as food flavors.Essential oils have been known to possess antioxidant and antimicrobial activities, thereby serving as natural additives in foods and food products. It can be used as active compounds in packaging materials, in which the properties of those materials, particularly water vapor barrier property associated with hydrophobicity in nature of essential oils, can be improved.The Rajnigandha, Polianthestuberose, is a tuberous perennial plant with a waxy, luminous white flower in the family Agavaceae. Its flower odor is very sweet, floral and honey-like and can help give emotional strength and center the mind.Rajnigandha flowers have long been used in perfumery as a source of essential oils and aroma compounds. These aromatics are synthesized in various plant organelles and as plant protection against herbivores and infection, as well as to attract pollinators.In the world wide flavor and fragrance market, essential oils constituteabout 17 per cent. The estimate of world production of essential oils varies from 40,000 to 60,000 tonsper annum. The global essential oil market size was valued at USD 3.36 billion in 2015 and is expected to witness an estimated growth rate of 9.0% from 2016 to 2024. Around 200 different types of essential oils are consumed all over the world annually, and the U.S. plays a major role in overall demand. Essential oils, also known as volatile oils/aetherolea/ethereal oils, are derived from leaves, stems, flowers, bark, roots, or other parts of a plant. Essential oil is obtained from various herbs and plants, such as orange, eucalyptus, corn mint, peppermint, citronella, lemon, lime clover leaf, spearmint, jasmine and tuberose using distillation methods such as steam and water distillation. The essential oil market is segmented on the basis of product type, application, and geography. The product segment is further classified as orange, eucalyptus, corn mint, peppermint, citronella, tuberose, lemon, clover leaf, jasmine, and others. Orange oil segment accounted for the maximum revenue share in 2015 and is likely to consolidate its position during the forecast period, owing to its anti-inflammatory, antidepressant, and antispasmodic product characteristics. The major factor boosting the market growth is the increasing consumer preference for natural and organic products be it food or similar other product categories.As a whole it is a good project for new entrepreneurs to invest. Few Indian Major Players are as under • Coty India • Lakme Lever • Revlon • Yardly • Palmolive • Helene Curtis • Baccarose • Hindustan Unilever • Oriflame
Plant capacity: 1500 Ltrs. /annumPlant & machinery: 17 lakhs
Working capital: -T.C.I: Cost of Project: Rs 42 lakhs
Return: 28.00%Break even: 72.00%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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