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

Agro and Food Processing: Project Opportunities in Chhattisgarh

PROFILE:

Food processing involves any type of value addition to agricultural or horticultural produce and also includes processes such as grading, sorting and packaging which enhance shelf life of food products. The food processing industry provides vital linkages and synergies between industry and agriculture. The Food Processing Industry sector in India is one of the largest in terms of production, consumption, export and growth prospects. The government has accorded it a high priority, with a number of fiscal reliefs and incentives, to encourage commercialization and value addition to agricultural produce, for minimizing pre/post harvest wastage, generating employment and export growth. India's food processing sector covers a wide range of products fruit and vegetables; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products, Soya-based products, mineral water, high protein foods etc.

RESOURCES:

Chhattisgarh is also known as the rice bowl of central India. With 80% of the population (around 32,55,062 families) depending on it as the main source of income, the state is heavily engaged in agriculture. Chhattisgarh accounts for 137.9 lakh Ha. of land, which translates to 4.15 % of the total land mass of the country. 37% of the land (47.5 lakh Ha.) is under agriculture. Crops in India are traditionally classified as Rabi and Kharif depending on the season in which they are sown. Crops that are grown in Rainy season are called Kharif Crops and sowing typically begins in the first week of July with the arrival of monsoon. The Rabi Crop is grown after the monsoon withdraws and the harvest is obtained usually around spring. Major Kharif Crops include Rice, Millets, Maize and Pulse etc. These crops are water intensive and thus Kharif Season is suited for such crops. Rabi Crops include food grains like Wheat, Barley and Mustard etc. In view of its extremely rich and unique bio-cultural diversity, the government is providing support through various schemes to promote horticulture.

 

GOVERNMENT POLICIES:

The Ministry of Food Processing Industries (MOFPI) is a ministry of the Government of India is responsible for formulation and administration of the rules and regulations and laws relating to food processing in India. The ministry was set up in the year 1988, with a view to develop a strong and vibrant food processing industry, to create increased employment in rural sector and enable farmers to reap the benefits of modern technology and to create a of surplus for exports and stimulating demand for processed food.

•        Custom duty rates have been substantially reduced on food processing plant and equipments, as well as on raw materials and intermediates, especially for export production.

•        Wide-ranging fiscal policy changes have been introduced progressively in food processing sector. Excise and Import duty rates have been reduced substantially. Many processed food items are totally exempt from excise duty.

•        Corporate taxes have been reduced and there is a shift towards market related interest rates. There are tax incentives for new manufacturing units for certain years, except for industries like beer, wine, aerated water using flavouring concentrates, confectionery, chocolates etc.

•        Indian currency, rupee, is now fully convertible on current account and convertibility on capital account with unified exchange rate mechanism is foreseen in coming years.

•        Repatriation of profits is freely permitted in many industries except for some, where there is an additional requirement of balancing the dividend payments through export earnings.

 

Mineral: Project Opportunities in Chhattisgarh

PROFILE:

A mineral is a naturally occurring solid chemical substance formed through biogeochemical processes, having characteristic chemical composition, highly ordered atomic structure, and specific physical properties. India is endowed with significant mineral resources. India produces 89 minerals out of which 4 are fuel minerals, 11 metallic, 52 non-metallic and 22 minor minerals.

RESOURCES:

Chhattisgarh is the richest State in terms of mineral wealth, with 28 varieties of major minerals, including diamonds. It hosts a wide variety of minerals found in igneous, sedimentary and metamorphic terrains. These mineral resources have immense potential for large investment in mining, setting of mineral based industries and generating employment in the State. The large deposits of coal, iron ore, limestone, bauxite, dolomite and tin ore are located in several parts of the State.

Chhattisgarh produces around twenty per cent of the country's steel and cement and is the only tin-ore producing State in the country. It is nestling atop the world's largest Kimberlite area. Eight blocks have been demarcated for diamond exploration. For instance, Diamondiferous Kimberlites identified in Raipur district are likely to yield substantial quantity of diamonds. Apart from diamond, four blocks of gold exploration and five blocks for base metal investigation have been demarcated. The State is also encouraging establishment of a Gems and Jewellery Park to attract new investment in the sector.

GOVERNMENT POLICIES:

NATIONAL MINERAL POLICY, 2008

Keeping in view the long term national goals and perspective for exploitation of minerals, Government of India has revised its earlier National Mineral Policy, 1993 and came up with a new National Mineral Policy 2008. Basic goals of NMP 2008 are-

1.       Regional and detailed exploration using state of the art techniques in time bound manner.

2.       Zero waste mining

For achieving the above goals, important changes envisaged are:

•        Creation of improved regulatory environment to make it more conducive to investment and technology flows

•        Transparency in allocation of concessions

•        Preference for value addition

•        Development of proper inventory of resources and reserves

•        Enforcement of mining plans for adoption of proper mining methods and   optimum utilization of minerals 

•        Data filing requirements will be rigorously monitored

•        Old disused mining sites will be used for plantation or for other useful purposes.

•        Mining infrastructure will be upgraded through PPP initiatives

•        State PSU involved in mining sector will be modernized

•        State Directorate will be strengthened to enable it to regulate   mining in a proper way and to check illegal mining

•        There will be arms length distance between State agencies that mine  and those that regulate

•        Productivity and economics of mining operation, safety and health of workers and others will be encouraged.

 

 

Biotechnology: Project Opportunities in Chhattisgarh

PROFILE

The Biotechnology sector in India is one of the fastest growing sectors of the Indian Economy. As the sector is mainly based on knowledge, it is expected that it will play an important part in shaping the Indian Economy, which is developing at a rapid pace. The Indian Biotechnology sector holds immense potential in terms of research and development, skill and cost effectiveness. As per the eight annual survey by the Association of Biotechnology-led enterprise (ABLE) and a monthly journal, Bio-Spectrum, the sector grew threefold in five years and reported a revenue of US$ 3 billion during 2009-2011 with a 17 per cent rise as compared to the previous year.

RESOURCES

Chhattisgarh is a biodiversity hotspot – and is thus well poised to assume a significant and leading place in the biotechnology sector.  The  State,  given  its  strengths,  would  like  to  benefit  from the present   global   advances  in  the  field  of  biotechnology  &  bioinformatics. Given a facilitative environment Biotechnology as a scientific tool holds immense promise in areas as wide ranging as agriculture, health and communication.

GOVERNMENT POLICIES:

Biotechnology has been identified as a thrust sector in the State's Industrial Policy. The Bastar region is one of the richest biospheres in India. The state is endowed with about 22 varieties of forest and is extremely rich in aromatic plants used in herbal medicine .The state has vast land of virgin biosphere reserves. Its biotech policy has the following objectives:

 

·         Focus on thrust areas viz. Agri-biotechnology, Health care, Bioinformatics, Industrial and Environment biotechnology

·         Creation of a Biotechnology Fund with an initial corpus of US$ 7 million

·         Providing infrastructure for biotechnology industry through setting up of biotechnology parks and bio-villages

·         Human resource development through introduction of biotechnology in technical education institutions and industry partnered educational programmes

·         Incentives for bio-technology industry

 

 

Cement: Project Opportunities in Chhattisgarh

PROFILES:

The cement industry is one of the main beneficiaries of the infrastructure boom. With robust demand and adequate supply, the cement industry comprises of 125 large cement plants with an installed capacity of 148.28 million tonnes and more than 300 mini cement plants with an estimated capacity of 11.10 million tonnes per annum. India is the 2nd largest cement producer in world after china .Right from laying concrete bricks of economy to waving fly over’s cement industry has shown and shows a great future. The overall outlook for the industry shows significant growth on the back of robust demand from housing construction, Phase-II of NHDP (National Highway Development Project) and other infrastructure development projects.

RESOURCES:

Chhattisgarh Cement industry presents a total of around nine major units that are effectively performing on the economic domain of the state. Raipur, Bilaspur and Durg districts of Chhattisgarh are known to house some of the notable cement industries of the state. Specializing in dry and semi-dry qualities, the ACC cement plant is situated in the Jamul region of Chhattisgarh state. The Akaltara and Mandhar areas of the state have the plants of CCI Cement Company which produces only the dry quality ones. Lafarge, Ambuja, Grasim, Larsen & Toubro are some other important names that have set up their units in various locations of Chhattisgarh.

GOVERNMENT POLICIES:

The government of India has set ambitious plans to increase the production of cement in the country, and to attain the target the government has made huge investments in the sector. The Department of Industrial Policy and Promotion, which falls under the central Ministry of Commerce and Industry, is the agency that is responsible for the development of the cement industry in the country. The agency is actively involved in keeping track of the performance of cement companies in the country and provides assistance and suitable incentives when required by the company. The department is also involved in framing and administering the industrial policy for foreign direct investments in the sector. Apart from formulating policies, the department also promotes the industry to attract new foreign investments in the sector.

 

Steel: Project Opportunities in Chhattisgarh

PROFILES:

India has now emerged as the eighth largest producer of steel in the world with a production capacity of 35MT. Almost all varieties of steel is now produced in India. India has also emerged as a net exporter of steel which shows that Indian steel is being increasingly accepted in the global market.  The growth of the steel industry in India is also dependant, to a large extent, on the level of consumption of steel in the domestic market. Steel consumption is significant in housing and infrastructure. In recent years the surge in housing industry of India has led to increase in the domestic demand for steel.

RESOURCES:

Steel industry is the biggest sector of Chhattisgarh, having a reputation of producing high quality iron and steel products which has huge export value. Because of this we can say Chhattisgarh steel industries provide major momentum to the growing economy of the state. Chhattisgarh Steel industry holds a major position in the arena of Indian industries. Some of the notable steel units like the Bhilai Steel Plant efficiently produces considerable amount of steel products round the year. The advances machineries, tools and equipment used in the iron and steel industry of Chhattisgarh also help in encouraging the yearly production.

                  The iron ore reserves of Chhattisgarh are quite abundant in nature. Supported by government and private bodies, today even the remote locales where iron deposit are found, have become flourishing industrial zones. It can be said that Chhattisgarh Steel industry provides momentum to the process of economic progress in the state.

GOVERNMENT POLICIES:

The government of Chhattisgarh has opened its doors to private investors who wish to set up new steel plants in the state. With such a significant step, the state government has already covered a considerable journey towards becoming the ultimate steel hub of India. Under the new industrial policy, iron and steel has been made one of the high priority industries. Price and distribution controls have been removed as well as foreign direct investment up to 100% (under automatic route) has been permitted.  The Trade Policy has also been liberalized and import and export of iron and steel is freely allowed with no quantitative restrictions on import of iron and steel items. Tariffs on various items of iron and steel have drastically come down since 1991-92 levels and the government is committed to bring them down to the international levels.  With the abolishing of price regulation of iron and steel in 92, the steel prices are market determined. The policy devises a multi-pronged strategy to achieve these targets with following focus areas; removal of supply constraints especially availability  of critical inputs like iron ore; improve cost competitiveness by expanding and strengthening the infrastructure in roads, railways, ports and power; increase exports; meet the additional capital requirements by mobilizing financial resources; promote investments by removing  procedural delays. In addition the policy also addresses challenges arising out of environmental concerns, human resource requirements, R&D, volatile steel prices and the secondary sector. 

 

Textile: Project Opportunities in Chhattisgarh

PROFILE:

The textile industry is primarily concerned with the production of yarn, and cloth and the subsequent design or manufacture of clothing and their distribution. The raw material may be natural or synthetic using products of the chemical industry. The Indian Textile Industry is as diverse, large, colourful yet full of complexity like the country itself.  It is one of the leading textile industries in the world. The industry employs about 35 million people and contributes to approximately 4% of the GDP of India and 17% of the country’s export earnings.

 

RESOURCES:

Chhattisgarh is one of the leading producers of Tussar and Kosa silks in the country and has the potential to be a strong player in the Indian apparel industry. The Chhattisgarh State Industrial Development Corporation (CSIDC) is establishing an apparel park on about 20 hectares for the development of textile and textile-based industries and to attract new investment in the sector. Readymade garment in Raipur is a prospecting business. The wholesale market of Pandri (Raipur) supplies readymade garments in Orissa, Maharashtra, Jharkhand etc. To provide a single roof for apparel associated activities and give a boost to apparel industry an Apparel Park is developed in Bhanpuri at Raipur on 1.35 ha. land.

GOVERNMENT POLICIES:

The Ministry of Textiles in India has formulated numerous policies and schemes for the development of the textile industry in India. The government of India has been following a policy of promoting and encouraging the handloom sector through a number of programmes. Most of the schematic interventions of the government of India in the ninth and tenth plan period have been through the state agencies and co-operative societies in the handloom industries. Some of the major acts relating to textile industry include: Central Silk Board Act, 1948, The Textiles Committee Act, 1963, The Handlooms Act, 1985, Cotton Control Order, 1986, The Textile Undertakings Act, 1995 Government of India is earnestly trying to provide all the relevant facilities for the textile industry to utilize its full potential and achieve the target. The textile industry is presently experiencing an average annual growth rate of 9-10% and is expected to grow at a rate of 16% in value, which will eventually reach the target of US $ 115 billion by 2012. The clothing and apparel sector are expected to grow at a rate of 21 %t in value terms.

 

Tourism: Project Opportunities in Chhattisgarh

PROFILE:

Tourism in India is the largest service industry, with a contribution of 6.23% to the national GDP and 8.78% of the total employment in India. The tourism industry in India is substantial and vibrant, and the country is fast becoming a major global destination. India’s travel and tourism industry is one of them most profitable industries in the country, and also credited with contributing a substantial amount of foreign exchange. Indian Tourism offers a potpourri of different cultures, traditions, festivals, and places of interest.

RESOURCES:

Chhattisgarh, situated in the heart of India, is endowed with a rich cultural heritage and attractive natural diversity. The State is full of ancient monuments, rare wildlife, exquisitely carved temples, Buddhist sites, palaces, waterfalls, caves, rock paintings and hill plateaus. Most of these sites are untouched and unexplored and offer a unique and alternate experience to tourists compared to traditional destinations which have become overcrowded. Chhattisgarh offers the tourist a Destination with a Difference. For those who are tired of the crowds at major destinations, Bastar, with its unique cultural and ecological identity, will come as a breath of fresh air. The Green State of Chhattisgarh has 44% of its area under forests, and is one of the richest bio-diversity areas in the country.

GOVERNMENT POLICIES:

In order to develop tourism in India in a systematic manner, position it as a major engine of economic growth and to harness its direct and multiplier effects for employment and poverty eradication in an environmentally sustainable manner, the National Tourism Policy was formulated in the year 2002. Broadly, the Policy attempts to:-

•        Position tourism as a major engine of economic growth;

•        Harness the direct and multiplier effects of tourism for employment generation, economic development and providing impetus to rural tourism;

•        Focus on domestic tourism as a major driver of tourism growth.

•        Position India as a global brand to take advantage of the burgeoning global travel trade and the vast untapped potential of India as a destination;

•        Acknowledges the critical role of private sector with government working as a pro-active facilitator and catalyst;

•        Create and develop integrated tourism circuits based on India’s unique civilization, heritage, and culture in partnership with States, private sector and other agencies; and ensure that the tourist to India gets physically invigorated, mentally rejuvenated, culturally enriched, spiritually elevated and feel India from within.

Power: Project Opportunities in Chhattisgarh

PROFILE:

India is the sixth largest in terms of power generation. About 65% of the electricity consumed in India is generated by thermal power plants, 22% by hydroelectric power plants, 3% by nuclear power plants and rest by 10% from other alternate sources like solar, wind, biomass etc. 53.7% of India’s commercial energy demand is met through the country’s vast coal reserves. The country has also invested heavily in recent years on renewable sources of energy such as wind energy. As of March 2011, India’s installed wind power generation capacity stood at about 12000 MW. Additionally, India has committed massive amount of funds for the construction of various nuclear reactors which would generate at least 30,000 MW. In July 2009, India unveiled a $19 billion plan to produce 20,000 MW of solar power by 2020 under National Solar Mission.

RESOURCES:

Chhattisgarh is poised to become the power hub of India. The abundant availability of coal ensures constant supply of raw material for future thermal power projects. State's Energy Policy endeavours to provide electricity to all villages by 2007 and all households by 2009 and to encourage private participation in power production. Chhattisgarh Biofuel Development Agency (CBDA) has been setup to take up an ambitious programme for development of Bio-Diesel in the state. Government has constituted the Chhattisgarh Vidyut Niyamak Ayog (Electricity Regulatory Authority). 60 MOUs signed for establishment of power plants. Anticipated power production through MOUs is 50,000 MW. Proposed investment is Rs. 2,25,000 crores.

GOVERNMENT POLICIES:

State Government enunciates the following Energy Policy with an objective to to accelerate the pace of development of the State and bring it at least at par with other developed States:

 I. Rural Electrification: To bring per capita electricity consumption at par with national level, State Government accords highest priority to providing electricity to all the villages and Majra /Tolas (Hamlets).

 II. Energy for Agriculture: Keeping in view the important role of agriculture in the State's economic development and low irrigation percentage, priority shall be accorded to energisation of agriculture pump sets.

Ill. Energy for Industries: For giving impetus to industrial investment in the State, it is absolutely essential that     industries get quality power at reasonable rates.

 IV. Generation: Because of abundant availability of coal and water, there exists a wide scope for coal-based power projects in the State. In addition, the State has very good potential for power generation through non-conventional energy sources especially through Hydel projects.

V. Power Sector Reforms: Due to long monopoly of State/SEBs in energy sector and due to defective policies, power generation, transmission and distribution sectors have become inefficient and most of the SEB' s have become financially unviable with the result that SEB's are unable to make required investments in these sectors.

 VI. Development of Non-Conventional Energy

VII. Energy Conservation and Demand Side Management

 

Waste management and recycling: Project Opportunities in Chhattisgarh

PROFILE:

Rapid industrialization last few decades have led to the depletion of pollution of precious natural resources in India depletes and pollutes resources continuously. Further the rapid industrial developments have, also, led to the generation of huge quantities of hazardous wastes, which have further aggravated the environmental problems in the country by depleting and polluting natural resources. Therefore, rational and sustainable utilization of natural resources and its protection from toxic releases is vital for sustainable socio-economic development.

Hazardous waste management is a new concept for most of the Asian countries including India. The lack of technical and financial resources and the regulatory control for the management of hazardous wastes in the past had led to the unscientific disposal of hazardous wastes in India, which posed serious risks to human, animal and plant life.

RESOURCES:

There are total 5 municipal corporations situated in Durg, Korba, Raipur, Bhilai Nagar and Rajnandgaon in Chhattisgarh. Manufacturing and material processing trade generated waste. Around the Raipur city and planning area there are no major industries available and around 1700 small and medium scale industries are available. Industrial waste may contain hazardous wastes and it may be toxic to humans, animals, and plants; are corrosive, highly inflammable, or explosive. These industrial waste shall be treated at “Treatment, Storage and Disposal Facility ( TSDF)” separately.

GOVERNMENT POLICIES:

National policy on waste management is set out in the October 1998 policy statement on waste management- Changing our ways. It outlines the Government's policy objectives in relation to waste management, and suggests some key issues and considerations that must be addressed to achieve these objectives. The policy is firmly grounded in an internationally recognised hierarchy of options, namely prevention, minimisation, reuse/recycling, and the environmentally sustainable disposal of waste which cannot be prevented or recovered.

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Aluminium Bottles (Cold Extrusion of Aluminium)

An aluminium bottle is a bottle made of aluminium (or aluminum, in American English). In some countries, it is also referred to as a bottle can. It is a bottle made entirely of aluminium that holds beer, soft drinks, wine, and other liquids. The aluminium bottle can is made of 100 percent recyclable aluminium similar to that of an aluminium beverage can. However, it is shaped similar to a traditional beverage bottle, with many designs including resalable lids. Sport bottles market can be classified mainly into stainless steel bottles, plastic bottles, silicone bottles and aluminum bottles. Stainless steel bottles are manufactured from natural elements that can be recycled. The insulating attributes of stainless steel bottles help in keeping water cool for 24 hours. Silicone sport bottles are advantageous in a way that they are light in weight, portable and squeezable. Plastic sport bottles can be molded into shapes and sizes as required, and are available in various color shades thus, giving it an attractive appearance. Aluminum bottles have a visual appearance similar to that of stainless steel bottles. They are cheaper, recyclable and also maintains the water temperature.
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Hospital Bed

Hospital beds permit body positioning that is not feasible in a regular home bed. They also permit the attachment of other pieces of equipment that cannot be used on a regular home bed. Always raise the foot section of the bed slightly before raising the head to help prevent the patient from sliding to the bottom of the bed. On the basis of power, the hospital bed market has been categorized into manual, semi-electric, and electric beds. The manual bed category dominated this market during the historical period, with 49.1% contribution in 2017. Due to their economic viability, manual beds are highly preferred by the end users. Based on treatment, the market has been categorized into acute care, critical care, and long-term care beds. During the forecast period, the hospital bed market for critical care is expected to grow the fastest among all types, with a CAGR of 6.0%. This growth is attributed to the fact that critical-care beds allow lateral tilting of patients, which helps in blood circulation and prevents ulcer formation, and also enables x-ray scanning on bed by pressure redistribution. In addition, these beds provide support to staff due to the presence of multifunctional touch screen pads.
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Melamine Crockery

Melamine is used to form melamine formaldehyde resin, which find many applications in our commonly used household products such as furniture, kitchen countertops & storage, bathroom cupboard, dinnerware, food storage containers, cars, and banknotes. Unbreakable plastic crockery ware is very popular in households and hotels. They are made of melamine formaldehyde moulding powder. The products include Cup and Saucer Sets, Plates, Bowls and Dinner Plates. The main advantages of Melamine Crockery over the conventional Crockery are unbreakability, odour-free, heat and shock proof and scratch resistance, lightweight and non-toxic.:Melamine Crockery is available in eye-catching colours, attractive designs and finishes. Crockery market comprises pottery, kitchenware and tableware. Indian tableware market size is Rs 10 bn (excluding stainless steel) of which opalware comprises Rs 3.5 bn. Key Demand Drivers: • Growing Mass Affluent: Mass Affluent i.e. households with disposable incomes from `200,000 to 1,000,000 per annum comprises about 50 mn people, roughly 5% of the population (Source: McKinsey Survey in 2007 for India). By 2025, mass affluent segment is expected to increase to ~ 583 mn people, or 41% of the population. With its rising numbers and incomes, mass affluent is becoming the biggest market segment for the industry. • Increasing Disposable Income – increase in potential to spend: The average annual disposable income in India increased by more than 29% in real terms between 2007 and 2012 while consumer spending was up by more than 25%, which has lead to shift from ordinary to fashionable crockery, fueling demand in the process. • India is expected to grow at a fast pace in next four years. The rapid economic growth will increase and enhance employment and business opportunities, which in turn, is expected to further increase disposable incomes and aspirations. • Changing Life Style – adding to the status symbol: There is a radical change in the attitude of consumer behavior in India, riding on the back of higher disposable income, changing lifestyle, urbanization of semi?urban and rural communities, more push towards aesthetics, increasing consumer awareness, brand consciousness and innovative promotional campaigns. • Indian consumers are also more optimistic and increasingly willing to spend on branded products. With the changing pattern of consumer behavior and consumer spending, companies in India are also tweaking their strategies to retain their loyal consumer base, while attracting the emerging young consumers
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Nylon Zip Fasteners

Zips are manufactured using bead technology, where profile metal elements (teeth) are clamped on woven and dyed textile tape; brass wire is usually used to make the teeth. Precision cutting and stapling processes are followed by multiple brushing and polishing operations, to ensure that the M zip runs smoothly. The global market for Zippers is projected to reach US$19.8 billion by 2024, driven by healthy gains in production and sales of apparel, luggage and for changing fashion trends and parallel improvements in the mechanical design of zippers. Zippers, by far, is the most popular and preferred fastener solution heavy duty applications such as in jeans, backpacks and luggage when compared to buttons.
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Coir Industry

Coir or coconut fibre, is a natural fibre extracted from the husk of coconut and used in products such as floor mats, doormats, brushes and mattresses. Coir is the fibrous material found between the hard, internal shell and the outer coat of a coconut. The coir industry forms major segment of village and small industries sector in terms of production and employment. The spectrum of industries in India extends from the organised large and medium industries, small scale industries to new industrial ventures and unorganised traditional industries. The coir industry is –very important in the national context because of the large volume of employment that it provides in rural area to the economically weaker section of the population. The growing demand for eco-friendly products in the market is where coir should fast step in. It is a lightweight, soilless growing medium made from the fibers which are found between a ripe coconut's shell and an outer surface. As it’s a material that occurs in nature, it’s completely renewable and is therefore considered an excellent choice for environmental sustainability. Mainly the coastal region of India, produces around 60% of the total world supply of white coir fiber, whereas Sri Lanka produces around 36% of the total world brown fiber output. Over 50% of the coir produced annually throughout the world is consumed in the developing countries. Recently, countries such as Mexico, Indonesia, Vietnam and certain Caribbean countries have started to supply coir to the global market on a large scale.
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Terry Towels

A terry towel is described as a textile product which is made with loop pile on one or both sides generally covering the entire surface or forming strips, checks, or other patterns (with end hems or fringes and side hems or selvages). The name “terry” comes from the French word “tirer” which means to pull out, referring to the pile loops which were pulled out by hand to make absorbent traditional Turkish toweling. Latin “vellus”, meaning hair, has the derivation “velour”, which is the toweling with cut loops. Terry towels are often very complex with yarns of different types and colors, in combination with various loop pile and flat structures. Towels are subject to changing fashions, and the market is constantly demanding new designs with improved fabric characteristics important to the consumer such as softness and absorbency. In satisfying these requirements, the content and structure of terry towels are critical decisions determining the resulting quality. Due to its super-absorbent nature, Terry woven fabrics are typically used to make bathrobes and towels for the bathroom, beach and kitchen. India’s YTD market share in cotton sheets and terry towels to the US increased (in US dollar terms), driven by volumes: India’s YTD exports of cotton sheets to the US (in US dollar terms) increased 3.9 per cent YoY (vs. a 0.3 per cent decline in world cotton sheet exports to the US), led by a 2.6 per cent rise in volumes and a 1.3 per cent increase in realisations. India’s YTD exports of terry towels to the US increased 10.1 per cent YoY (vs. a 7.6 per cent rise in world terry towel exports to the US), driven by a significant 15.5 per cent YoY increase in volumes.
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How to Start Food Packaging Foil Manufacturing Business

How to Start Food Packaging Foil Manufacturing Business. Production of Aluminium Foil - Big Profit Industry Aluminum foils are produced by continuous casting and cold rolling of aluminum sheets. They are prepared in thin metal leaves and can be used to wrap around any product for packaging. They act as a major barrier to bacteria, oxygen, and moisture. These are used in the pharmaceutical and food and beverage sectors. Packaging in today’s world has emerged as an integral part of the brand promotion. Owing to modern-day lifestyle coupled with today’s fast-paced life, customers’ inclination towards convenience packaging has increased. Aluminum is a kind of metallic element available in abundance across the globe and is preferably used a barrier resistant material for packaging to safeguard food & beverages, pharmaceutical, cosmetics, etc. Aluminum foil sheets are readily used in the manufacturing of various kinds of containers as per packaging requirements. Aluminium foil provides various benefits to the food and packaging industries. The consumers can heat or freeze food items in the foil container directly. Aluminium foil packaging material is a part of the flexible packaging material and is generally formed using aluminium sheets. Aluminium foil can be utilized to wrap around any product for packaging functions. It is produced through the regular casting and cold calling. Aluminium foil packaging is a sort of packaging, which arranges a resistant barrier to safeguard food, beverage, cosmetics and pharmaceuticals and helps in waste reduction. Aluminium packaging is extremely corrosion-resistant and chemically neutral. Moreover, it is hygienic and non-toxic in nature. The raw materials for aluminium foil packaging is produced utilizing aluminium sheets and it is a part of stretchable packaging material. The major users of aluminium foil packaging include pharmaceuticals, food and beverage industries. Aluminium foil wrap is produced through regular casting and cold rolling and thus it is favorable to be utilized to enclose around any product for packaging functions. India, one of the fasted growing economies in the world is seeing a steady GDP growth in recent years. Owing to strong economic growth and increasing middle class with growing disposable income, consumption of aluminium foil is growing fast in India. The change in life style which includes changed food habits has led to increased demand for foil packaging. Growing demand for ready to eat confectionaries and pharmaceutical products is another major growth drivers for aluminium foils industry in India. Aluminum foils are easy to use, recyclable and consumer friendly product. Consumers can directly heat or freeze food products in the foil container. Its applications include personal care, confectionery, healthcare, beverage and varied industrial usage. It is widely used by food industry to pack roasting pans, baking pans, pizza pans, and cookie sheets. It comes in various sizes and shapes and can be easily customized to suit customer demand. The use and demand for aluminum foil in pharmaceutical and drug industry is poised to grow at a faster rate than any other sector which may be primarily attributed to increasing demand to secure medicines safely. It is followed by increased demand across food packaging industry which includes railway catering services and chocolate production. Usage of aluminum in the manufacture of lamitudes is anticipated to increase as lamitudes might replace collapsible tubes in the future. In the case of milk, the consumption of foil for making milk cap bottles may decline over the next few years as milk tetra pack are expected to replace the milk bottle market. Aluminium foil consumption in the Indian states like Maharashtra, Karnataka and Kerala has grown up dramatically by about 50 per cent in anticipation of the proposed ban on use of plastics in these three states. In 2015, India exported an estimated 14,512 tons of aluminium foil and the total value of export stood at USD 3.1 billion which increased further to total at 16,448 tonnes in 2016. For the first eleven months of 2017, the export volume of foil is forecasted to total at 16,035 tonnes. Aluminum Foil Packaging by Cosmetic Industry The demand for aluminum foil packaging in the cosmetic industry will post a CAGR of 2.63% through the forecast period, and the market is estimated to be valued at 1.41 million tons by 2020. The growth in the cosmetic industry is driving the demand for cosmetic packaging. Aluminum foil is used for the packaging applications in the personal care and cosmetic industries. This provides protection to the products internally and enhances the appearance of the packaging externally. Cosmetic content includes the application of special oils, vitamins, herbal and chemical compounds, which requires protection from light and contamination. The demand in the global aluminum foil packaging market is anticipated to increment at a CAGR of 4.8% during the forecast period of 2017 to 2025. This prosperity of the market for aluminum foil packaging is a reflection of a number of factors, such as high preference for convenience packaging, growing demand for extended shelf-life of packaged food, popularity of ready-to-eat meals and processed food, and growing usage in pharmaceutical products and confectionaries. On the other hand, the lack of proper recycling processes in a number of countries and competition from alternatives are a few obstructions faced by the global aluminum foil packaging market. Nevertheless, growing emphasis on ecofriendly packaging and foray by the key companies in the emerging economies is expected to open new opportunities in the aluminum foil packaging market. Robust economic growth along with rising middle population with inclining personal disposable income is anticipated to intensify the growth of global aluminium foil packaging market during the forecast period. The change in life style which includes changed food habits has led to inclining demand for packaging. Besides this, robust demand for aluminium foil packaging in snacks and chocolate industry are also strengthening the growth of aluminium foil packaging market all across the globe. Some of the major opportunities in global aluminium foil packaging market includes technological development to enhance the product quality, reduction in plants lossess, inclination in the obtainability of foils in different forms for crucial mass consumption usages and progress in the exportability of aluminium foils. The global aluminium foil packaging market is foreseen to observe a robust CAGR during the projected period. Global Aluminum Foil Demand by Type: • Rapid industrialization coupled with heavy air conditioner usage in India, Egypt, Iran, and UAE boost the need for industrial aluminum foils • Blister foil is the major application in pharmaceutical industry, medical industry boom in emerging economies foster demand for aluminum foils • Rolled Aluminum Foil: Aluminum foil is primarily consumed by packaging, transportation, and construction sectors • The packaging industry took the largest share, approx. 41 percent, during 2016, followed by transportation • It is projected that global rolled foil consumption might increase by 5 percent CAGR from 2016–2021 with the transportation industry being the largest market Backed Aluminum Foil: These include laminated, embossed, backed with paper, plastics and adhesives. Foil tapes constitute a major part in backed aluminum foils. These are driven by their growing use in electrical and construction purposes giving superior adhesion and extended life • Developed regions are expected to show moderate growth for backed aluminum foil used in industrial purposes, especially from the electricity sector that uses such foils for insulation purposes The market can be segmented into packaging applications and non-packaging applications. Packaging applications involve protecting the food from climatic, chemical and physical hazards. Non-packaging applications which utilize the property of conductivity of this foil include cable and capacitors wraps, the heat exchanging tube fins for air conditioners. Due to high availability of substitutes in the food & beverages industry, packaging and quality of product have always been the key competitive factors. Also, this is one of the major reasons that why food and beverages manufacturers invest more than 11% of the revenue on packaging. Dry foods, like aromatic herbs and spices, are best preserved when packed in aluminium packaging medium. Lined cartons are the most favorable packaging method for many dry food products. Latest innovations in packing, like cylindrical design for an easy-to-open packaging mechanism, protective membranes under a plastic re-closable lid for repeated usage, and perforated top seam for easy opening, are revolutionizing aluminium foil packaging in the food industry. Tags Aluminium Foil Production, Aluminum Foil & Packaging, Aluminium Foil, Food Packaging Foil Manufacturing Plant, Aluminium Foil Manufacturing Process Pdf, What is the Aluminium Foil Manufacturing Process? Aluminium Foil Making Unit, Aluminium Foil Manufacture, Manufacturing of Aluminum Foil, Production of Aluminium Foil, Aluminium Foil Production Plant, Aluminium Foil Manufacturing Plant, Aluminum Foil Manufacturing Unit, Manufacture of Aluminium Foil, Manufacturing of Aluminium Sheet & Foils, Aluminium in Packaging Industry, Aluminium Foil Packaging, Project Report on Aluminium Foil Manufacturing, Aluminium Foil Making Plant, Aluminium Foil Manufacturing Project Report Pdf, Aluminium Foil Plant in India, Food Packaging Foil, Production Process of Food Packing Aluminium Foil, How Aluminum Foil is Made, Packaging Industry, Aluminium Foil as a Food Packaging Material, Aluminium Packaging, Food Packaging Products, How to Start Aluminum Foil Manufacturing Business, Food Packaging Foil Manufacturing Industry, Aluminum Foil Manufacturing Industry, Aluminum Foil Manufacturing project ideas, Projects on Small Scale Industries, Small scale industries projects ideas, Aluminum Foil Manufacturing Based Small Scale Industries Projects, Project profile on small scale industries, How to Start Aluminum Foil Manufacturing Industry in India, Aluminum Foil Manufacturing Projects, New project profile on Aluminum Foil Manufacturing industries, Project Report on Aluminum Foil Manufacturing Industry, Detailed Project Report on Aluminum Foil Manufacturing, Project Report on Aluminium Foil Production, Pre-Investment Feasibility Study on Aluminium Foil Production, Techno-Economic feasibility study on Aluminium Foil Production, Feasibility report on Aluminium Foil Production, Free Project Profile on Aluminium Foil Production, Project profile on Aluminium Foil Production, Download free project profile on Aluminium Foil Production, Startup Project for Aluminium Foil Production, Project report for bank loan, Project report for bank finance, Project report format for bank loan in excel, Excel Format of Project Report and CMA Data, Project Report Bank Loan Excel
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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IV Cannula and Catheters

A cannula is a tube that can be inserted into the body, often for the delivery or removal of fluid or for the gathering of data. In simple terms, a cannula can surround the inner or outer surfaces of a trocar needle thus extending the effective needle length by at least half the length of the original needle. It is also called an intravenous (IV) cannula. Its size mainly ranges from 14 to 24 gauges. Different-sized cannulas have different colours as coded. Intravenous or IV therapy is beneficial for several conditions and medical situations including dehydration, nutrition, shock, and surgery, blood transfusions, chemotherapy and medication administration. There are many types and brands of IV access catheters, and nursingcenter.com explains they fall under two designations, peripheral and central. IV Cannula is amongst the most extensively used medical disposables. Healthcare professionals represent the largest end-use market for cannulae. Worldwide market for IV Cannula is driven by an aging population and related rise in healthcare demand. There are many manufacturer of IV Cannula in the country, out of which about 5-6 units are under small-scale sector. The Present demand of Disposable IV Cannula is being adequately met by indigenous production. In increasing awareness in health care and like diseases and improvement in per capita income is expected to create further growth in demand of disposable IV Cannula. IV Cannula have lower coefficient of thermal expansion and hence have greater accuracy. It is unbreakable. The IV cannula market is estimated to grow at a CAGR of 6.2% from 2017 to 2022 to reach USD 13.63 Billion by 2022. The base year considered for the study is 2017 and the forecast for the market size is provided for the period between 2017 and 2022. The global peripheral intravenous catheter market was valued at US$ 3,500 Mn in 2014. North America was the largest market for peripheral intravenous catheters, accounting for over 45% revenue share of the overall market in 2014, followed by Europe with around 27% share.
Plant capacity: I.V. Cannula: 600,000 Boxes per Annum I.V. Catheters: 600,000 Boxes per AnnumPlant & machinery: 5916 Lakhs
Working capital: -T.C.I: Cost of Project: 7704 Lakhs
Return: 26.00%Break even: 34.00%
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Curcumin

Curcumin is the main biologically active phytochemical compound of Turmeric. Molecular chemical formula of Curcumin: C21H20O6. The most important constituents in organic turmeric are Curcuminoids, which is approximately 6%, and the yellow coloring principles of which Curcumin constitutes 50-60%. Curcumin is extracted from the dried root of the rhizome Curcuma Longa. The process of extraction requires the raw material to be ground into powder, and washed with a suitable solvent that selectively extracts colouring matter. This process yields a powdered, purified food colour, known as curcumin powder, with over 90 percent colouring matter content and very little volatile oil and other dry matter of natural origin. India leads in Curcumin, Chilly and Turmeric production in the world. India is one of the leading producers and exporters of Turmeric. Curcumin is the active ingredient that comes from turmeric. In traditional Asian medicine, turmeric is used to treat various conditions. Curcumin is extracted from turmeric for medicinal purposes. These value-added products enjoy excellent demand in the developed economies where they are used as food ingredients to enhance value and aroma of many foods. Importantly, they are standardized products, hygienic and of consistent quality, also used in addition to a variety of pharmaceutical formulations. The export has shown an increase of 19% in rupee value and 6% in quantity. In dollar terms, the increase is 6%. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • A V Thomas Indl. Products Ltd. • Akay Flavours & Aromatics Ltd. • Concert Spices & Exports Ltd. • Enjayes Spices & Chemical Oils Ltd. • Global Green Co. Ltd. • K C P Biotech Ltd.
Plant capacity: Curcumin Powder : 90 Kgs/Day Turmeric Oil: 90 Kgs/Day Deoiled Turmeric : 2800 Kgs/DayPlant & machinery: 628 lakhs
Working capital: -T.C.I: Cost of Project : Rs 990 lakhs
Return: 27.00%Break even: 49.00%
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Cold Storage

A cold storage is a temperature-controlled supply chain network, with storage and distribution activities carried out in a manner such that the temperature of a product is maintained in a specified range, needed to keep it fresh and edible for a much longer period than in normal ambient conditions. This system facilitates long distance transport of various products as well as makes seasonal products available over the entire year. Fruits, vegetables and many other commodities can be preserved by storage at low temperature, which retards the activities of microorganisms. Indian cold storage market is expected to grow at a CAGR of 16.09% by 2020 driven by the growth in the organized retail, Indian fast food market, and food processing industry. Cold storage market in India is expected to be worth US$ 8.57 billion by 2020. The cold storage market in India is highly fragmented with more than 3500 players in the unorganized sector and around 30 players in the organized sector. India currently has 6156 cold storage facilities across various states with total capacity of 28.68 MMT which is insufficient. As a whole there is a good scope for new entrepreneur to invest in this business.
Plant capacity: Fruits & Vegetables Store: 2000 MTPlant & machinery: 79 lakhs
Working capital: -T.C.I: Cost of Project: Rs 281 lakhs
Return: 23.00%Break even: 52.00%
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  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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