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

The economy of Bhutan, one of the world's smallest and least developed countries, is based on agriculture and forestry, which provide the main livelihood for more than 60% of the population. Agriculture consists largely of subsistence farming and animal husbandry. The economy is closely aligned with India's through strong trade and monetary links and dependence on India's financial assistance. Most production in the industrial sector is of the cottage industry type. Most development projects, such as road construction, rely on Indian migrant labour. Model education, social, and environment programs are underway with support from multilateral development organisations.

The industrial sector is in a nascent stage, and though most production comes from cottage industry, larger industries are being encouraged and some industries such as cement, steel, and ferroalloy have been set up. Most development projects, such as road construction, rely on Indian contract labour. Agricultural produce includes rice, chilies, dairy (some yak, mostly cow) products, buckwheat, barley, root crops, apples, and citrus and maize at lower elevations. Industries include cement, wood products, processed fruits, alcoholic beverages and calcium carbide.

Bhutan’s hydropower industry accounts for 32% of the nation’s economy. The dependency on a single sector is a potential risk factor, the report states. As an alternative revenue generation sector, the government is promoting tourism, which also hopes to generate employment. Like in most countries, the Cottage and Small Industry (CSI) play a pivotal role in the overall industrial economy of Bhutan.

 

Business Sectors

Agriculture Industry

Agriculture in Bhutan has a dominant role in the Bhutan's economy. Approximately 80% of the population of Bhutan are involved in agriculture. Over 95% of the earning women in the country work in the agricultural sector. Majority of the refugees in this Himalayan nation are also employed in the agricultural sector. Agriculture in Bhutan is characterized by its labor-intensive nature with relatively low intensity of farm inputs.

Major crops cultivated in Bhutan are maize and rice. Maize accounts for 49% of total domestic cereal cultivation, and rice accounts for 43%. Rice is the major staple crop. Agriculture in the country includes cultivation of wheat and other minor cereal crops. Paddy is the primary crop in those regions where proper irrigation is available. Apart from paddy, other crops like wheat, barley, oil seeds, potato and different vegetables are also cultivated in these lands. The primary goals of agriculture in Bhutan are to raise the per capita income of the people living in rural areas, to enhance self-sufficiency in staple crops, and to increase the productivity per unit of farm labor and agricultural land.

There may be investment opportunities in:

  • Dall Mill (Split Dalls/ Pulses for Chhilke-wali Moong, Urad, Arhar, Channa, Masoor)
  • Poha (Rice Flakes)
  • Atta, Maida Suji & Wheat Bran (Wheat Flour Plant) Roller Flour Mill
  • Rice Powder, Puttu and Wheat Powder
  • Biscuits & Candy
  • Rice Mill(Parboiled Rice)
  • Bakery industry, etc.


Minerals and Mining

The country’s mineral industry was small and insignificant to its economy and was dominated by the production of cement, coal, dolomite, gypsum, and limestone. Known resources included deposits of beryl, copper, graphite, lead, mica, pyrite, tin, tungsten, and zinc. Mining is one of the fastest growing industries in Bhutan generating average revenue of 54 million U.S. dollars or contributing 3 percent to country's GDP.

Industrial mineral products were the primary output of Bhutan’s mineral industry and included dolomite, graphite, marble and slate, and sand and stone. The production of a variety of stone materials and energy fuels had been increasing steadily in recent years and corresponded to the increased demand for these commodities in the construction sector. While major exports of minerals are made in raw form, Bhutan processes some of its minerals into value-added products such as calcium carbide, cement, and ferrosilicon.

Accordingly, Bhutan’s policies on mining and quarrying consider inter-generational equity. This is important since minerals constitute vital raw materials for the mineral based manufacturing industries and are a major resource for economic development of a country. Bhutan is endowed with rich mineral resources that has allowed for the sustainable growth of a mineral based industry and export base. This mineral resource exploitation and value addition has helped generate employment and can contribute towards poverty alleviation.

There may be investment opportunities in:

  • Artificial Marble Tiles
  • Granite (Marble) Polishing Batti (Bar)
  • Granite Marble Cutting and Polishing Unit
  • Calcium Carbonate from Marble Chips
  • Coal Washing Unit
  • Ferro Silicon Manufacturing
  • Gypsum plaster boards
  • Beneficiation of chromium, nickel and manganese ore
  • Integrated production unit of gypsum powder, gypsum board
  • P.V.C. laminated gypsum ceiling tiles, etc.


Livestock Industry

Livestock farming practices continue to evolve in response to rapid modernization and growing economic opportunities in the Bhutan Himalaya. Animal husbandry is an integral part of farming activities in Bhutan and, especially in the high altitude or alpine regions, animal husbandry forms virtually the sole economic activity. The consumption of animal products is an important element of the Bhutanese diet.

Livestock is an integral part in all Bhutanese farming systems. While most households rear livestock for home consumption, livestock farming and nomadic herding are the predominant activities in the alpine and cool temperate zones. Over 80 per cent of rural households own cattle. Other significant livestock include poultry (reared by about 65% of rural households), pigs (38%), horses (23%), goats (15%) and yaks (2%). Inadequate pasture land and poor access to markets are significant constraints to improving production, but increasing urban demand for livestock products is encouraging farmers near urban areas to keep better breeds and improve feed and fodder management. In the livestock sector artificial insemination covers not only Jersey breeds that are high yielding but also for the production of Jatsa and Jatsam that are local high yielding varieties.

The indigenous cattle are the most important livestock genetic resources for food, animal energy and household income in Bhutan. Poultry farming is one of the important livestock farming components in Bhutan.

There may be investment opportunities in:

  • Aquaculture Fish Farming
  • Prawn/Shrimp Farming
  • Poultry & Broiler Farming
  • Management of Rabbits/Angora Rabbit Farming
  • Goat & Sheep Farming
  • Poultry Farm for Producing Eggs
  • Animal Feed Using Date Pits, Discarded Dates and Other Ingredients
  • Pig Farming
  • Cattle Feed, etc.

 

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Oxygen and Nitrogen Gas Plant (Medical and Industrial Grade)

Limelight used oxygen derived from sources such as the barium oxide Brin process. This process was based on the production of barium peroxide by roasting barium oxide in air at 590°C, then raising the temperature to 870°C. At 870°C the peroxide formed decomposes back into oxide, releasing more or less pure oxygen which can then be cooled and compressed into steel gas cylinders. Although crude, the process was ingenious in that it required no continuous input of raw materials other than air and energy. Oxygen is non corrosive and can be contained in any common metals. However care must be taken to remove all oil, grease and other combustible material from piping and containers before putting them into oxygen service. Nitrogen gas is a compound that forms from elemental nitrogen, which is found abundantly throughout the planet’s atmosphere and in most biochemical reactions. One of nitrogen’s unique properties is its ability to form multiple bonds with various other elements and compounds. Nitrogen is the chemical element with the symbol N and atomic number 7. It was first discovered and isolated by Scottish physician Daniel Rutherford in 1772, nitrogen is the principal gas in air (78%). Its first major industrial use lay in the manufacture of ammonia, used within the chemical industry as an intermediate for many compounds but especially nitrogenous fertilisers. In the combustion process, the oxygen in air is broken down to make carbon dioxide, water, and energy. Nitrogen is not an essential part of the process. In fact, nitrogen in air has negative impacts on combustion processes. Nitrogen gets heated by the reaction to very high combustion temperatures and is carried out through the flue. Essentially, the heated nitrogen leaving the flue is like throwing fuel out of the stack. Nitrogen blanketing is used to protect flammable or explosive solids and liquids from contact with air. Certain chemicals, surfaces of solids and stored food products have properties that must be protected from degradation by the effects of atmospheric oxygen and moisture. Protection is achieved by keeping these items in a nitrogen atmosphere. India industrial gases market was valued at $ 2.1 billion in 2017 and is forecast to grow at a CAGR of over 11% to surpass $ 3.9 billion in 2023 on account of growing demand from metal industry, particularly steel. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players • Air Liquide India Holding Pvt. Ltd. • Arrow Oxygen Ltd. • Bellary Oxygen Co. Pvt. Ltd. • Bhagawati Oxygen Ltd. • Bhilai Oxygen Ltd. • Govind Poy Oxygen Ltd. • Howrah Gases Ltd. • Linde India Ltd.
Plant capacity: 3200 cumtrs/DayPlant & machinery: Rs. 183 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 675 Lakhs
Return: 26.00%Break even: 50.00%
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Woven PP Cement Sacks

Woven polypropylene bags are specializing in packing and transporting bulk commodities. Due to strength, flexibility, durability and lower cost, woven polypropylene bags are most popular products in industrial package, which are widely used in packing grain, feeds, fertilizer, seeds, powders, sugar, salt, powder, chemical in granulated form. Polypropylene bags also referred as 'Polypropylene bags' or 'PP bags'. Woven, or weaving is a method by many threads or tapes woven in two directions (warp and weft), to form a fabric for plastic industry needs. In the plastic woven industry, with a plastic film is drawn into filaments, woven into fabric/sheet/cloth. It can be into a tarpaulin, woven bags, container bags, tons of bags, geotextiles fabric, and color of the cloth and so on. Polypropylene bags are versatile, attractive bags most commonly used for packaging small items such as beads and lollies. These bags can be sealed with a heat sealer like many other plastic bags. While polypropylene is similar to cello, polypropylene bags are much clearer with neater seals, and have the advantage of being less expensive than cello bags. PP woven bags are increasingly used to pack food. Common food woven bags include rice PP weaved bags, flour PP woven bags, maize woven bags, etc. Geotechnical engineering: PP woven fabrics are extensively used in the construction of irrigation works, roads, railways, ports, mines, buildings, and more. Having the functions of filtering, draining, isolation, and anti-seepage, PP woven fabrics are one of the most popular geo synthetics. The special woven bags also are used to serve some special purposes. For example, UV resistant woven bags have UV protection and anti-aging function, allowing them a longer lifespan in the sunlight. The global market for polypropylene woven bags and sacks market was valued at US$ 3,421.5 million in 2017. The market is expected to expand at a CAGR of 4.2% over the forecast period, 2018-2028. Thus, due to demand it is best to invest in this project.
Plant capacity: PP Woven Sacks (for Cement Bag 50 Kgs Size):258000 Nos/ day PP Woven Jumboo Sacks (for Cement Bag 1500 Kgs Size):956 Nos/day Plant & machinery: Rs. 566 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 891 Lakhs
Return: 14.00%Break even: 48.00%
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IV Cannulas Manufacturing Uni

Intravenous (IV) cannulation is a technique in which a cannula is placed inside a vein to provide venous access. Venous access allows sampling of blood, as well as administration of fluids, medications, parenteral nutrition, chemotherapy, and blood products. ‘Cannula exactly the same thing– a flexible tube inserted into the body to administer or withdraw fluids or to keep another tube patent. Intravenous cannulation is a technique in which a cannula is placed inside a vein to provide venous access. Venous access allows sampling of blood as well as administration of fluids, medications, parental nutrition, chemotherapy, and blood products. One of the IV cannula uses that changed the lives of individuals and helped clinical staff to perform intravenous treatments easily is with the presence of the Safety I.V cannula. Wellbeing I.V cannula. Implies a gadget that is utilized to flexibly liquids legitimately or in a roundabout way to the patient’s circulatory system. IV Cannula has veterinary use, nasal or oral use too. Cannula can also be used for piercing. The common uses are rapid transfusion of blood, transfusion of IV drugs. Pediatric patients or adults with small veins undergoing long term medication or blood transfusion are subjected to IV Cannula. It is also used on oncology patients undergoing Chemotherapy. Intravenous Cannulas allow the introduction or withdrawal of fluids from the human circulatory system. The short flexible and kink-resistant cannula is introduced into a blood vessel over a hollow introducer needle. It is also used on oncology patients undergoing Chemotherapy. The global peripheral I.V. cannula. Market was valued at $3,702.2 million in 2015, and it is expected to grow at a CAGR of 6.0% during the period 2016 – 2022. The global market is increasing, due to growing geriatric population and increasing incidence of chronic diseases. Entrepreneurs who invest in this project will be successful. Few Indian major players • Angi Plast Pvt. Ltd. • Global Medikit Ltd. • Hemant Surgical Inds. Ltd. • Hindustan Syringes & Medical Devices Ltd. • Mediplus (India) Ltd. • Smiths Medical India Pvt. Ltd.
Plant capacity: IV Cannula with Wings & with Injection Port Needle: 40000 pcs/day IV Cannula with Wings & with Injection Port Needle: 32000 pcs/day IV Cannula with Wings & with Injection Port Needle: 32000 pcs/dayPlant & machinery: Rs.1705 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 14615 Lakhs
Return: 35.00%Break even: 31.00%
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Glucose Saline

Glucose, also known as dextrose, is a simple sugar that can be found in nature and are chemically identical. Dextrose may decrease body protein and nitrogen losses, promote glycogen deposition, and decrease or prevent ketosis if sufficient doses are given. Since dextrose is usually metabolized to carbon dioxide and water, administration of a solution of dextrose and water is equivalent to providing the same volume of free water. Dextrose is readily metabolized; it increases blood glucose concentrations and provides calories. Dextrose may decrease body protein and nitrogen losses, promote glycogen deposition, and decrease or prevent ketosis if sufficient doses are given. Since dextrose is usually metabolized to carbon dioxide and water, administration of a solution of dextrose and water is equivalent to providing the same volume of free water. Following oral administration, dextrose, a monosaccharide, is rapidly absorbed from the small intestine principally by an active mechanism. It used for balancing the body fluid and it is added to the human body to balance the body fluid by injection which will recover fatality of the human being and recover the inside body pressure. Treatment of discarded water and electrolyte metabolism, especially in severe cases. Therapy of acid base in balances. The volume substitution and volume replacement in surgery of accident victim suffering blood lose. Arenteral nutrition for severally ill and post-operative patients. Saline is also often used for nasal washes to relieve some of the symptoms of the common cold. The solution exerts a softening and loosening influence on the mucus to make it easier to wash out and clear the nasal passages for both babies and adults. In this case "home-made" saline may be used: this is made by dissolving approximately half a teaspoon of table salt into 8 ounces (approx. 240ml) of clean tap water. The global intravenous solutions market reached a value of US$ 8.5 Billion in 2019. IV solutions and electrolytes are mainly used for fluid resuscitation, routine maintenance, replacement, and redistribution. The Market size value in 2020 is USD 86.2 million and Revenue forecast in 2025 is USD 121.7 million is expected to exhibit a CAGR of 7.1% from 2018 to 2025. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players • Amanta Healthcare Ltd. • Baxter Pharmaceuticals India Pvt. Ltd. • Bayer Pharmaceuticals Pvt. Ltd. • Denis Chem Lab Ltd. • Meridian Enterprises Pvt. Ltd. • Pfizer Healthcare India Pvt. Ltd. • Pfizer Ltd. • Pharmacia Healthcare Ltd. • Shree Krishna Keshav Laboratories Ltd. • Vikrant Pharmaceuticals Ltd.
Plant capacity: 200000 Bottles/ dayPlant & machinery: Rs. 2170 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 4083 Lakhs
Return: 25.00%Break even: 37.00%
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Vitamin ‘C’ from Sorbitol

Vitamin c is chemically the simplest of the vitamins and for this reason was among the first to be isolated, characterized, and purified and to have its structure determined. More vitamin C is produced industrially than any other vitamin, or indeed all the other vitamins put together. Vitamin C has itself been said to have almost magical properties and it is useful to get a picture of the chemistry and biochemistry of this enigmatic compound. This has unearthed a rich vein of chemistry involving L-ascorbic acid as both a redox companion and as a complexion agent; indeed the reaction of L-ascorbic acid with oxygen and other oxidizing agents is catalyzed by transition metal ions, especially copper (II), so that sometimes solution are stabilized by the addition of EDTA, which complexes the metal ions and arrests the catalysis. It is one of the few pure chemical compounds which is taken routinely by human beings in gram quantities (a possible challenger is sugar). It appears to have no harmful effects even in these large amounts and it is a medicine which it is a pleasure to take, especially in the form of fruit or vegetables. Its role (as a constituent of fruits and vegetables) in the cure and prevention of scurvy was widely debated for hundreds of years. Ascorbic acid is generally used in bread due to its properties that help extend shelf life, high profile industrial bakers such as Hovis and Kings mill both use ascorbic acid in the majority of their loaves. Using ascorbic acid in an industrial bakery can contribute to higher profit yields, lower production times and higher buyer satisfaction longer shelf life, reduced number of damaged loaves during transport. The global Ascorbic Acid market is expected to witness moderate growth over the forecast period on account of increasing demand from pharmaceutical industry. The majority of ascorbic acid manufactured is used as an antioxidant. The major end-user industries of ascorbic acid are pharmaceuticals, food & beverages, personal care, and others. The pharmaceutical industry is the largest consumer of ascorbic acid. Vitamin C helps to recycle vitamin E. The presence of a broad distribution network of companies in this region will boost the Asia Pacific vitamin ingredients market in the near future. Analysts predict this regional market to rise at a CAGR of 5.40% from 2017 to 2025 in terms of value. Entrepreneurs who invest in this project will be successful. Few Indian major players • Dishman Pharmaceuticals & Chemicals Ltd. • Glaxosmithkline Pharmaceuticals Ltd. • Gulshan Polyols Ltd. • Kasyap Sweetners Ltd. • M S Healthcare Pvt. Ltd. • Pfizer Healthcare India Pvt. Ltd. • Pfizer Ltd. • Procter & Gamble Health Ltd. • Unicorn Organics Ltd.
Plant capacity: 600 kg/dayPlant & machinery: Rs. 371 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 717 Lakhs
Return: 24.00%Break even: 50.00%
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Lithium Ion (LiFePO4) Cell Manufacturing

The Lithium Iron Phosphate Battery (LiFePO4 battery) or LFP Battery (lithium ferrophosphate), is a type of lithium-ion battery using LiFePO4 as the cathode material (on a battery this is the positive side), and a graphitic carbon electrode with a metallic backing as the anode. Cylindrical lithium cells are used for high specific energy density and good mechanical stability. Li-ion batteries have a higher energy density when compared to other rechargeable batteries. Li-ion batteries are composed of four main components namely cathode, anode, electrolyte, and separator. Lithium-ion battery generates electricity because of continuous reactions of lithium Li-ion Batteries have high power capacity without being too bulky. Lithium ion batteries are thus used in electronic equipment like mobile phones and laptops, which need to operate longer between charges while consuming more power and need batteries with a much higher energy density. Memory effect refers to as the process of losing maximum energy capacity of rechargeable batteries due to repeated recharges after being only partially discharged. They are used in telecommunication equipment, instruments, portable radios and TVs, pagers. They are used to operate laptop computers and mobile phones and aerospace application. Also used in electric vehicles, cell phones, camcorders, lap-top and palmtop computers, portable electronic devices, etc. The li-ion batteries are used in cameras, calculators; they are used in cardiac pacemakers and other implantable device. They are used in telecommunication equipment, instruments, portable radios and TVs, pagers. The lithium iron phosphate batteries market, by application, is segmented on the basis of the end-users it caters. The portable segment was the largest market in 2018 owing to its increased demand from the automotive sector, which is the major demand-generating industry for lithium iron phosphate batteries. The market for lithium-ion battery in India is expected to grow at a CAGR of 34. 8% during the forecast period of 2019 – 2024. In addition to it, the lithium-ion battery has comfortable rechargeable property, lightweight, long-lasting; thus, it perfectly contributes to the electric vehicle market to grow in the forecast period. Thus, due to demand it is best to invest in this project. Few Indian major players • BYD Company Ltd. • A123 Systems LLC, • K2 Energy • Electric Vehicle Power System Technology Co., Ltd. • Bharat Power Solutions
Plant capacity: 25000 nos/dayPlant & machinery: Rs. 3618 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 4626 Lakhs
Return: 25.00%Break even: 39.00%
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Single Wall Steel Water Bottle

Water bottles are available in different shapes, colors, and sizes. The stainless steel bottle comes with a string to provide ease of carrying. Stainless steel fridge bottle is made from high-quality steel, food-grade and BPA-free stainless steel material that make the bottles safe for use on a regular basis. The taste and nutritive value of the drinks remains intact making the bottle very appropriate choice for storing beverages. Water bottles can be either disposable or reusable. Single-walled metal bottles readily transfer temperature of contents to external surfaces, which make them unsuitable for use with unusually hot or cold liquids. Double-walled metal bottles are insulated to keep cold liquids cold and hot liquids hot, without the external surface being too hot or too cold. Because double-walled bottles have more metal in them, they are more expensive. They are typically vacuum-insulated. Metal water bottles are growing in popularity. Made primarily from stainless steel or aluminium (aluminium), they are durable; retain less odor and taste from previous contents than most plastic bottles. Double-walled metal bottles are insulated to keep cold liquids cold and hot liquids hot, without the external surface being too hot or too cold. Because double-walled bottles have more metal in them. Single wall stainless steel water bottles prevent condensation and don’t allow sweat to happen. The outside of the bottle remains normal, even having cold water inside. The bottles have a single layer of steel that helps you keep drink hot or cold for long hours. Be it a chilled winter morning or a warm day at work, you can always have a refreshing sip of drink from these bottles. Steel bottles are environment-friendly and can be used for multiple years and do not end up in landfills owing to their 100% recyclability. Stainless steel water bottles can be used more than hundreds of times. You just need to clean them after one use, and they will be ready for the next use. Investing once in steel bottles, you don’t have to even think about reinvesting in them for like multiple years. The market is expected to reach INR ~403.06 Bn by the end of 2023, from its current value of INR ~160 Bn, expanding at a compound annual growth rate (CAGR) of ~20.75% from 2018. Based on volume, the market is likely to reach ~35.53 Bn liters by 2023, expanding at a CAGR of ~18.25% from 2018 to 2023. Entrepreneurs who invest in this project will be successful. Few Indian major players • Borosil Ltd. • Cello International Pvt. Ltd. • Hamilton Housewares Pvt. Ltd. • M-Pol Industries Bangalore Pvt. Ltd. • Nirlon Ltd.
Plant capacity: 2,000 nos/ dayPlant & machinery: Rs. 138 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 439 Lakhs
Return: 29.00%Break even: 64.00%
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Magnesium Powder from Dolomite Stone

Magnesium (Mg) is a silvery white metal that is similar in appearance to aluminium but weighs one-third less. Magnesium is strongly reactive with oxygen at high temperatures; above 645°C (1,190°F) in dry air, it burns with a bright white light and intense heat. For this reason, magnesium powders are used in pyrotechnics. At room temperature, a stable film of water-insoluble magnesium hydroxide forms on the metal’s surface, protecting it from corrosion in most atmospheres. The highly reactive metal is used in the manufacture of reagents, which are essential in modern metal processing. But Magnesium allows for so much more. As an example: The bonding of powder molecules by atomic diffusion process in the shaping production of components by pressure or sintering, will result in components superior to other metals with regard to their characteristics. In particular their weight is a clear benefit. magnesium powder is widely used in such scientific areas as military and aviation industries, The chemical performance of magnesium is very active, which is mostly used in metallurgical industry. Magnesium powder can serve as desulfurizer or cleaning agent for steel-making industry and casting of non-ferrous metals, and reducer for production of rare metal. In chemical industry, magnesium powder can be used as dehydrator for organic compound or to directly make organic compound of magnesium. Magnesium allows the bonding of powder molecules by atomic diffusion process in the shaping production of components by pressure or sintering, will result in components superior to other metals with regard to their characteristics. In particular their weight is a clear benefit. Magnesium powder can serve as desulfurizer or cleaning agent for steel-making industry and casting of non-ferrous metals, and reducer for production of rare metal. Magnesium powder is an essential nutrient for plant growth; it enhances food quality. Magnesium (Mg) plays a vital role in chlorophyll formation and photosynthesis. It influences various metallic processes and reactions such as photophosphorylation (i.e., ATP formation in chloroplasts), photosynthetic carbon dioxide (CO2) fixation, protein synthesis, partitioning and utilization of photo-assimilates, generation of reactive oxygen species, and photooxidation in leaf tissues. The market in Asia-Pacific dominated the global market with a share of over 40% in 2018 and is projected to register the highest CAGR of over 6.5% during the forecast period. The Global Magnesium Powder Market is projected to register a healthy CAGR of 5.50% to reach USD 1,334.6 Million by the end of 2024. Thus, due to demand it is best to invest in this project.
Plant capacity: 166.7 MT/dayPlant & machinery: Rs. 4160 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 13904 Lakhs
Return: 26.00%Break even: 72.00%
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Trichloroisocyanuric Acid

Trichloroisocyanuric acid is an organic compound with the formula (C3Cl3N3O3). It is used as an industrial disinfectant, bleaching agent and a reagent in organic synthesis. Trichloroisocyanuric acid (TCCA) is a versatile and efficient reagent for chlorination and oxidation reactions. Depending on the reaction conditions employed, it can release either an electrophile chlorine atom (Cl+) or a radical chlorine atom (Cl.) promoting selectively different pathways of reaction. It was effectively used to synthesize many classes of compounds such as: chlorinated arenes, N?chloramines and amides, ??halo?carbonyl compounds, benzyl chlorides, esters, carboxylic anhydrides, and amides. It is widely used in civil sanitation for pools and spas, preventing and curing diseases in animal husbandry and fisheries, fruit and vegetable preservation, wastewater treatment, as an algaecide for recycled water in industry and air conditioning, in anti shrink treatment for woolens, for treating seeds and in organic chemical synthesis. It is used in chemical synthesis as an easy to store and transport chlorine gas source, it is not subject to hazardous gas shipping restrictions, and its reaction with hydrochloric acid produces relatively pure chlorine. Trichloroisocyanuric acid as used in swimming pools is easier to handle than chlorine gas. It dissolves slowly in water, but as it reacts, cyanuric acid concentrations in the pool will build-up. It is used in chemical synthesis as an easy to store and transport chlorine gas source, it is not subject to hazardous gas shipping restrictions, and its reaction with hydrochloric acid produces relatively pure chlorine. Intensifying demand for safe and treated water across the Asia Pacific region for constraining diseases that is innate from polluted water. Such factor is expected to significantly driving the trichloroisocyanuric acid market growth during the forecast period. Moreover, the positive impact of various regulations and standards regarding safe water infrastructure and system across North America and European region are also projected to lay a strong base for trichloroisocyanuric acid market growth in the upcoming years. The Middle East and Africa and Latin America are projected to witness robust growth in the global trichloroisocyanuric acid market during the forecast period. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players • Aditya Birla Chemicals • Kashyap Industries
Plant capacity: Trichoroisocyanuric Acid: 16.7 MT/day Hydrochloric Acid 32% by product: 24.5 MT/dayPlant & machinery: Rs.178 Lakhs
Working capital: -T.C.I: Cost of Project: Rs.1095 Lakhs
Return: 31.00%Break even: 73.00%
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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
  • We can modify the project capacity and project cost as per your requirement.
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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Selection of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

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