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Bioplastic Carry Bags And Garbage Bags

BioPlastic shopping bags, carrier bags, or plastic grocery bags are a type of bioplastic bag used as shopping bags and made from various kinds of bioplastic.A bioplastic carrier bag also looks exactly like a traditional carrier bag. Additionally, the bioplastic carrier bag is just as strong and sturdy with the same capacity and tensile strength. The big difference is the environmentally friendly degradation of the waste and CO2 neutral impact of the biomass used.The bags offered by us are 100% compostable. The packaging applications are expected to experience significant growth with biodegradable mulch films, compostable waste bags, catering products, film packaging, and rigid packaging. The analysts forecast global bioplastics market to grow at a CAGR of 29.3% during the period 2016-2020.Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Arihant Industries Ltd. • Baroda Polyplast Ltd. • Jain Plastics & Chemicals Ltd. • Karwa Consolidated Mktg. Ltd. • Paradise Plastics Enterprise Ltd. • Shakun Polymers Ltd.
Plant capacity: Bioplastic Carry Bags (8"x16") Size: 3500 Kgs/Day Bioplastic Garbage Bags (950x810 mm) Size: 1500 Kgs/DayPlant & machinery: Rs. 62lakhs
Working capital: -T.C.I: Cost of Project: Rs 396 lakhs
Return: 30.00%Break even: 60.00%
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  • 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
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