When Shirdi Industries Ltd approached NPCS, they weren't short on ambition. What they needed was clarity. The Mumbai-based enterprise was actively exploring new investment avenues and had identified industrial waste management as a sector worth serious consideration — but the landscape was complicated. Environmental regulations were tightening, reliable market data was hard to come by, and the financial risks of getting it wrong were significant.

NPCS was brought in to cut through that complexity.

The engagement began with a thorough opportunity assessment. Rather than jumping straight into numbers, the team first validated whether industrial waste management was genuinely the right fit for Shirdi Industries given their location, available capital, and long-term goals. It was — and for good reason. Maharashtra's industrial base generates substantial waste volumes across pharma, chemicals, and automotive sectors, and the regulatory environment under the Hazardous Waste Rules 2016 and EPR frameworks has created consistent, growing demand for certified processing facilities.

From there, NPCS built out a full technical picture of what the facility would actually look like — waste collection and segregation workflows, pre-treatment processes, resource recovery systems, biological and thermal treatment lines, and compliant residue disposal channels. Equipment selection was matched to the specific waste types and volumes relevant to the Mumbai region, rather than a generic template. The financial modelling covered capital expenditure, working capital needs, revenue projections from both service contracts and recovered materials, break-even timelines, and IRR — giving the client a realistic, bankable view of what to expect.

The final Detailed Project Report gave Shirdi Industries exactly what they needed to move forward with confidence: a phased implementation roadmap, a clear regulatory approval pathway, and a financial case they could take to stakeholders without second-guessing the assumptions behind it.

The project is now in active implementation planning — which, ultimately, is what a good feasibility study is supposed to produce.