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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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Bulk Drugs

A bulk drug also called active pharmaceutical ingredient (API) is the chemical molecule in a pharmaceutical product (medicines we buy from the chemist) that lends the product the claimed therapeutic effect. In other words, it is the substance responsible for the product being a medicine, penicillin to give one example. As is evident from this, there are ingredients other than the API in products sold as medicines. After years of sluggish growth, Indian bulk drug (API, Active Pharmaceutical Ingredients) industry is expected to recover in 2018-19, driven by solid demand from the formulation industry and strong growth in direct exports on the back of low intermediate chemical prices supported by low crude oil prices. The country’s bulk drug market is 3rd largest in the world in terms of volume and 13th largest in terms of value. India’s bulk drug production has seen a stable growth in the last couple of years in the generic sector and is expected to grow at a healthy CAGR of 7.5% in the forecast period 2017-2022. The global Active Pharmaceutical Ingredient (API) market size was valued at USD 134.2 billion in the year 2015 and is estimated to reach a value of USD 239.8 billion by 2025, growing with CAGR of 6.0 %. The market growth can be linked to the rising prevalence of chronic diseases such as cancer, neurological diseases, and cardiovascular diseases. Increasing demand for rapid-acting & efficient drugs and introduction of innovative drug manufacturing facilities are other key drivers estimated to fuel growth of this market over the forecast period.
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Glass Marble

Marbles are small balls of colored or decorated glass which are either intended for playing the ancient game of marbles or as collector's items. They can be mass produced or hand-made. One ancient method of making colored marbles was to put a mixture of sand and charcoal into an iron mould shaped like a marble and place small pieces from glass canes into this mixture, then heat and rotate the mould to melt and fuse all the edges. Marbles are small, round, spherical objects made from glass or stone and most commonly used in children's games. They are usually less than an inch (2.54 cm) in diameter and often brightly colored or otherwise decorated.
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Synthetic Red Iron Oxide Manufacturing Business

Synthetic Red Iron Oxide Manufacturing Business. Production of Iron Oxide Pigments. Synthetic Iron Oxide Factory Synthetic red iron oxide is the most common colorant in ceramics and has the highest amount of iron. It is available commercially as a soft and very fine powder made by grinding ore material or heat processing ferrous/ferric sulphate or ferric hydroxide. During firing all irons normally decompose and produce similar colors in glazes and clay bodies (although they have differing amounts of Fe metal per gram of powder). Red iron oxide is available in many different shades from a bright light red at a deep red maroon, these are normally designated by a scale from about 120-180 (this number designation should be on the bags from the manufacturer, darker colors are higher numbers), however in ceramics these different grades should all fire to a similar temperature since they have the same amount iron. The different raw colors are a product of the degree of grinding. Synthetic Iron Oxides have become increasingly important due to their pure hue, consistent properties, and tinting strength. Single-component forms are mainly produced with red, yellow, orange and black colours. Their composition corresponds to that of minerals hematite, goethite, lepidocrocite, and magnetite. Brown pigments usually consist of mixtures of red and/or yellow and/or black iron oxides. Uses of Synthetic Iron Oxide Pigments These pigments are used in wood and paper stains, linoleum, oilcloth, paints, mortar, plaster, bricks, rubber and for other pigment able substances. The range of applications of synthetic Iron Oxide Pigments is longer than the Natural Iron Oxide Pigments. Synthetic Iron Oxide are used in the following types of industry: • Cement industry, to Colour every kind of cement, mortar, grout, pavements, tiles, blocks, etc. • Paintings: primer, waterproof, enamels, decoration painting, coverings, etc. • Plastics: master batch, PVC, etc. • Paper industry: carton, mouthpiece for cigarettes, etc. • Glass industry, abrasives, food for animals, cosmetics, skins rubber, asphalt, etc. Market Outlook Today, there is a lot of varieties of Synthetic Iron Oxide Pigments are available in the market. These synthetic pigments are found in different colors, having superior uniformity, excellent quality and high purity. But, in reality, the Natural Iron Oxide Dyes are preferred over their counterparts. This is because of theirs ample availability and low cost of extraction. Iron oxide pigments improve the physical and mechanical properties of substrates. They offer properties such as good color strength, heat & light stability, opacity, weather & chemical resistance, and durability to substrates. Iron oxide pigments provides colors to varieties of end user applications and are employed in numerous industries around the globe to provide permanent and stable coloring effects to the substrates. Pigments are also known as colorants, which are insoluble products that can be employed to impart colors to construction materials, paints, inks, plastics, papers, cosmetics, rubbers, concrete blocks, tiles, etc. Pigment molecules contain electrons that can occupy different energy levels when exposed to light. Pigments possess the ability to reflect or absorb light of specific wavelengths. This results in the appearance of colors. Iron oxide pigments can be sub-divided into synthetic and natural iron oxide pigments. Synthetic iron oxide pigments are made from petrochemicals and waste metal ore slurry. Synthetic iron oxide pigments are cheap as compared to organic iron oxide pigments owing to low cost of raw material as well as synthetic iron oxide pigments have good dispersibility, high tinting strength, UV stability, excellent color intensity, and non-toxic properties. Natural iron oxide pigments are costly as compared with its synthetic counterpart owing to high cost of raw material. Natural iron oxide pigments are more durable and have excellent tinting strength as compared with synthetic pigments. Most of the natural iron oxide pigments are employed in paints & coatings and other automotive applications. Consumption of synthetic iron oxide pigments is much higher as compared with natural iron oxide pigments owing to low cost and high flexibility in varieties of applications in concretes, mortar, render, paving stones, tiles, laminate flooring, cosmetics, rubber, corrosion paints, industrial paints, architectural paints, and plastic materials. Growing construction activities, recovering economy in developed countries, and expanding infrastructure programs in combination with growing urbanization in developing economies, are the prime factors responsible for the growing consumption of iron oxide pigments around the globe. Iron oxide pigments can be sub-divided into synthetic and natural iron oxide pigments. Synthetic iron oxide pigments are made from petrochemicals and waste metal ore slurry. Synthetic iron oxide pigments are cheap as compared to organic iron oxide pigments owing to low cost of raw material as well as synthetic iron oxide pigments have good dispersibility, high tinting strength, UV stability, excellent color intensity, and non-toxic properties. Natural iron oxide pigments are costly as compared with its synthetic counterpart owing to high cost of raw material. Natural iron oxide pigments are more durable and have excellent tinting strength as compared with synthetic pigments. Red color iron oxide pigments are consumed in majority followed by yellow and black pigments. These are the basic color pigments and are used in combinations to produce other colors. The most commonly used methods of manufacturing iron oxide pigments includes the Laux process. Growing construction industry in Asia Pacific and the Middle East are anticipated to drive market growth over the next eight years. Favorable government regulations regarding environmentally friendly products coupled with technological advancements are expected to have a positive impact on market growth. Iron oxide pigments in Asia Pacific shows huge growth potential due to the rising expectation of consumers. Moreover, demand for blend iron ore pigments is increasing at a higher rate globally. Construction is the largest end-use Industry. The improving economic conditions are driving the construction industry, which in turn is fueling the growth of iron oxide pigments market. Asia Pacific and Europe are the key market which together contribute more than half of the iron oxide pigments market. Among end users, the coatings segment is expected to grow at the highest CAGR during the forecast period. High demand of iron oxide pigments across varied applications, such as interior and exterior coatings, industrial coatings, protective coatings, wood coatings, automotive coatings, architectural coatings, and appliances coating, is expected to drive the consumption of iron oxide pigments in this segment. Few Indian Major Players are as under: • Coltech Chemicals (India) Ltd. • Heubach Toyo Colour Pvt. Ltd. • Lona Industries Ltd. • Mallak Oilchem Pvt. Ltd. • Anirox Pigments Ltd. • Aquathane Chemicals Pvt. Ltd. • Asahi Songwon Colors Ltd. Tags Synthetic Red Iron Oxide, Iron Oxide Pigments, Synthetic Iron Oxide, Preparation of Red Iron Oxide, Production of an Iron Oxide Pigment, Making of Iron Oxide Pigment, Synthetic Iron Oxide Production Process, Synthetic Iron Oxide Uses, Iron Oxide Pigment Manufacturing Process, Synthetic Iron Oxide Pigments Manufacture, Manufacturing of Iron Oxide, Iron Oxide Pigments Manufacturing Process, Manufacturing of Synthetic Red Iron Oxide Pigments, Iron Oxide Synthetic, Synthetic Iron Oxide Production Process, Manufacturing Industry for Synthetic Iron Oxide, Synthetic Iron Oxide Manufacture, Synthetic Iron Oxide Manufacturing, Iron Oxide Factory, Iron Oxides Manufacture, Preparation of Iron Oxide, Synthetic Iron Oxide Production Process PPT, Red Iron Oxide Manufacture, Synthetic Iron Oxide Manufacture in India, Iron Oxide Pigments Manufacturing Process, Project Report on Synthetic Red Iron Oxide manufacturing Industry, Detailed Project Report on Synthetic Iron Oxide Production, Project Report on Synthetic Iron Oxide Production, Pre-Investment Feasibility Study on Synthetic Red Iron Oxide manufacturing, Techno-Economic feasibility study on Synthetic Iron Oxide Production, Feasibility report on Synthetic Red Iron Oxide manufacturing, Free Project Profile on Synthetic Iron Oxide Production, Project profile on Synthetic Red Iron Oxide manufacturing, Download free project profile on Iron Oxide Production
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Open End Spinning Unit

Open-end spinning is a technology for creating yarn without using a spindle. It is also known as break spinning or rotor spinning. The principle behind open-end spinning is similar to that of a clothes dryer spinning full of sheets. Open end spinning is also known as break spinning or free fibre spinning. In this process the fibrous material is highly drafted to separate out the individual fibres. The individual fibres are subsequently collected onto the open end of the yarn. This is rotated to twist the fibre into the yarn structure to form a continuous strand of yarn. This is wound onto a bobbin to form the yarn package. The twisting action occurs simultaneously with but separately from the winding action, unlike ring spinning where twisting and winding actions occur together. Advantages of Open end spinning System: • lower power consumption per unit quantity of yarn produced • higher speed of twist insertion resulting in very high yarn delivery speed • a significant resulting increase in productivity • larger delivered package size • elimination of some processes such as roving and winding • more uniform yarns
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Microcrystalline Wax from Sludge of Petrochemical Refinery

Microcrystalline waxes are a type of wax produced by de-oiling petrolatum, as part of the petroleum refining process. In contrast to the more familiar paraffin wax which contains mostly unbranched alkanes, microcrystalline wax contains a higher percentage of isoparaffinic (branched) hydrocarbons and naphthenic hydrocarbons. It is characterized by the fineness of its crystals in contrast to the larger crystal of paraffin wax. It consists of high molecular weight saturated aliphatic hydrocarbons. It is generally darker, more viscous, denser, tackier and more elastic than paraffin waxes, and has a higher molecular weight and melting point. The elastic and adhesive characteristics of microcrystalline waxes are related to the non-straight chain components which they contain. Typical microcrystalline wax crystal structure is small and thin, making them more flexible than paraffin wax. It is commonly used in cosmetic formulations. Increasing demand for the decorative, scented, designer candles, packaging and cosmetics use, growing percent of tires and rubber related products contributes to the growth of microcrystalline wax. Moreover, the increasing inclination towards the natural waxes, highly preferable wax properties such as elasticity, melting point, and flexibility favor the growth of microcrystalline wax. The cosmetic industry is a rapidly growing market facilitating the growth of the microcrystalline wax market as people are more conscious and concern about their looks and appearances. The macroeconomic factors such as growing trend for the scented and designer candles, per capita income and increasing spending power ratio facilitate the market to gain traction in the forecast period. The estimated value of the microcrystalline wax market in 2018 is US$ 810.4 Mn, which is expected to expand at a CAGR of 3.9% and reach US$ 1,102.3 Mn by the end of 2026. In addition, the microcrystalline wax market is projected to create an incremental $ opportunity worth US$ 291.9 Mn during the forecast period.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Automobile Parts

The Indian auto-components industry has experienced healthy growth over the last few years. Some of the factors attributable to this include: a buoyant end-user market, improved consumer sentiment and return of adequate liquidity in the financial system. The auto-component industry of India has expanded by 14.3 per cent because of strong growth in the after-market sales to reach at a level of Rs 2.92 lakh crore (US$ 43.55 billion) in FY 2016-17. The industry is further expected to grow to US$ 47-49 billion in FY18. The auto-components industry accounts for 2.3 per cent of India’s Gross Domestic Product (GDP) and employs as many as 1.5 million people directly and indirectly each. A stable government framework, increased purchasing power, large domestic market, and an ever increasing development in infrastructure have made India a favourable destination for investment. The Indian auto-components industry can be broadly classified into the organised and unorganised sectors. The organised sector caters to the Original Equipment Manufacturers (OEMs) and consists of high-value precision instruments while the unorganised sector comprises low-valued products and caters mostly to the aftermarket category. The total value of India’s automotive exports stood at Rs 73,128 crore (US$ 10.9 billion) in 2016-17 as compared Rs 70,916 crore ($10.8 billion) in the year 2015-16. This has been driven by strong growth in the domestic market and increasing globalisation (including exports) of several Indian suppliers. Auto-component exports from India are expected to grow 7-9 per cent in FY18, backed by stronger global growth and higher exports to emerging nations. Growth is further expected to accelerate to 8-10 per cent in FY19 due to pick up in global scenario.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Soft & Hard Ferrites

Ferrite is a ceramic material made by mixing and firing large proportions iron(III) oxide (Fe2O3, rust) blended with small proportions of one or more additional metallic elements, such as barium, manganese, nickel, and zinc. They are both electrically non-conductive, meaning that they are insulators, and ferrimagnetic, meaning they can easily be magnetized or attracted to a magnet. Ferrites can be divided into two families based on their resistance to being demagnetized (magnetic coercivity). Soft ferrite is an iron-oxide-based soft magnetic material. This material features high electrical resistance and outstanding magnetic characteristics in high-frequency range although saturation flux density is slightly lower than other soft magnetic materials. Hard ferrite magnets (or "hard ferrites"), which have a high remanence after magnetization, are composed of iron and barium or strontium oxides. In a magnetically saturated state they conduct magnetic flux well and have a high magnetic permeability. This enables these so-called ceramic magnets to store stronger magnetic fields than iron itself. They are the most commonly used magnets in radios. Growing demand for electronics has been a major factor driving growth for ferrite. Increase in disposable income of consumers in the emerging economies leading to growth in several end user segments also has been a major factor driving growth for the industry. Low cost, high efficiency, easy availability is amongst the major factors driving growth for soft ferrite. Research and development activities to increase application scope of ferrite are expected to offer huge growth opportunity for the market. Asia Pacific dominates the global ferrite market in terms of consumption and the trend is expected to continue during the forecast period. Demand for ferrite in the region is primarily driven by the emerging economies of India and China. Other major markets for ferrite include North America, Western Europe and Japan. These developed economies are expected to grow at a sluggish rate mainly owing to saturation of end user segments. Growing demand for ferrite in nuclear energy segment is expected to offer huge growth opportunity in the market. Africa and Latin America are expected to drive the market growth in the Row segment.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Cocoa Butter and Cocoa Powder

Cocoa butter is a pure, stable fat that is pressed out of cacao beans. It is considered a vegetable fat. It is also vegan and contains no dairy products, despite using the word butter in its name. Cocoa butter is usually extracted by the Broma process, letting the butter drip off of roasted cocoa beans in a hot room. The beans are then ground into cocoa powder while the butter is used in making chocolate and personal care products. Cocoa powder is an unsweetened powder produced by grinding cacao beans and pressing out the cocoa butter, better known as fat. The resulting cocoa powder is low in fat, but has an intense chocolate taste. It is most commonly used in baked goods, where it is mixed with sugar and fats, such as butter, margarine, or coconut oil. While sugar can add to your waistline, it is not considered a fat. The Cocoa Butter Market can be segmented on the basis of form, types, end-user, packaging, distribution channel and region. By form, cocoa butter market can be segmented into solid and liquid form. Among the two forms, the solid form is the highest supplied product in the market by the manufacturers and is expected to grow further in the forecast period. Liquid cocoa butter is supplied in tanks while the solid is supplied in blocks, cubes and chips boxes. By types, cocoa butter market can be segmented into organic, conventional, and deodorized cocoa butter. The organic cocoa butter is made by expeller pressed extraction process, the conventional cocoa butter is made by pure prime pressed extraction process and the deodorized cocoa butter is fully deodorized by a physical process and is mostly used for chocolate production. By end-user, cocoa butter market can be segmented into food industry, pharmaceutical industry, aromatherapy, cosmetics and personal care industry. In the food industry, cocoa butter is used in the production of confectionery products such as chocolates. In the pharmaceutical industry, cocoa butter is used for its physical properties as cocoa beans are a high-antioxidant in nature since they contain an ample amount of polyphenol and flavonoid antioxidants. It also boosts the immune system, improves heart health, and eases constipation. In aromatherapy, the cocoa butter is used due to its fragrance and natural properties. The global market for cocoa powder is likely to witness a CAGR of nearly 2.2% in terms of volume till 2026. The market is projected to surpass 1,315 ‘000 tonnes by the end of 2026. On the basis of end-use industry, the key segments include chocolate & confectionary, beverages, bakery, functional food, cosmetics, and pharmaceuticals. Among these, beverages segment accounts for nearly 17.3% volume share of the market, and is likely to grow at a CAGR of 1.2% in terms of volume during the assessment period. The demand for cocoa powder from the beverages sector is likely to remain steady during the assessment period.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Melamine formaldehyde Powder

Melamine resin or melamine formaldehyde (also shortened to melamine) is a hard, thermosetting plastic material made from melamine and formaldehyde by polymerization. It is then used to cross-link with alkyd, epoxy, acrylic, and polyester resins, used in surface coatings. Melamine-formaldehyde resins in partially condensed form, herein referred to as melamine-formaldehyde precondensates, are widely used in finishing of textiles. They are commonly applied to the textiles in an aqueous medium. Such resins are commonly produced by condensing melamine and formaldehyde in the presence of methanol under reflux conditions. The reaction between the melamine and formaldehyde is exothermic and diflicult to control so as to form chiefly the desired trior tetramethylol melamine. Melamine formaldehyde is a synthetic resin manufactured by reacting melamine with highly reactive formaldehyde gas under alkaline conditions. Melamine formaldehyde resin is generally compared with urea-formaldehyde resin with respect to its processing and applications, however it is harder, stronger and offers even better resistance to chemicals, moisture, heat, electricity and scratching, compared against urea-formaldehyde. It is referred as thermosetting polymer or amino resins, exhibits excellent value added properties such as low density, thermal stability, high gloss, transparency, and light fastness. Owing to its value added properties, melamine formaldehyde has found great industrial applications in fire retardants, surface coatings, plywood, particleboard, adhesive, molding compounds and laminates among others. Global Melamine Formaldehyde Market size is expected to reach $687 million by 2022 from $430 million in 2015. It is anticipated to grow at a CAGR of 6.9%. Melamine formaldehyde is a synthetic resin obtained by chemical combination of melamine. It is a translucent solid made from urea and formaldehyde, a highly reactive strong smelling gas derived from methane. The reaction product of melamine, urea, and related compounds with formaldehyde are called amino lasts. The hardness and chemical & moisture resistance quality of melamine resin is attributed to its complex and interlinked polymer structure. Melamine resin or Melamine formaldehyde is an organic, heterocyclic compound made from polymerizing melamine and formaldehyde to form a hard, thermosetting plastic material. Melamine when in its butylated form is dissolved in xylene and n-butanol. Nitrogen being a major constituent in the melamine structure makes melamine formaldehyde extremely flame retardant by nature. Melamine formaldehyde is formed by cross-linking this product with other products such as epoxy, acrylic, alkyd, and polyester resins. MF has some beneficial physical characteristics over Urea resins. It is moisture-resistant, hard, and stronger than urea formaldehyde. Global melamine formaldehyde market is anticipated to observe vigorous development over the forecast period owing to increase in demand from a range of end-use market applications. The properties of melamine formaldehyde such as resistance to water, fire, UV and light is slated to aid the overall market considerably over the forecast period.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Liquid Glucose from Potatoes

Potato is widely consumed as food all over the world. It contains the starch as a major carbohydrate. Surplus and cull potatoes are used as feed for livestock and also as raw material for the manufacture of starch, ethyl alcohol and a few other industrial products like, dextrose, liquid Glucose etc. Glucose syrup is a sweetening liquid which is made after the hydrolysis of glucose molecule, generally corn, rice, wheat and potato is taken to make glucose syrup because they are a rich source of starch. Glucose syrup is used for making frozen dessert and candy. Glucose syrup are also used to make baked food items to add sweetness. Glucose syrup are generally free from fat, but contains high amount of calories. Glucose syrup made from cornstarch contains a small amount of thiamine, zinc as well as calcium. The Global Market for Glucose Syrup has witnessed continued demand during the last few years and is projected to reach 29,888 kilo tons by 2022, at a CAGR of 3.6% from 2016 to 2022. Raise in demand across various industries such as food and beverage, pharmaceuticals, confectionery are driving the global glucose syrup market. Asia-Pacific region is estimated to dominate the global glucose syrup market holding a lion’s share of more than 30% accounting for a market volume of more than 10,000 kilo tons. North America will witness the highest growth rate of 3.94% in the global glucose syrup market whereas Europe and Rest of the world will witness moderate growth rate.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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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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