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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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Dicyandiamide (DCDA)

Dicyandiamide is a strongly alkaline and water-soluble white crystalline compound with the scientific name of cyan guanidine. The chemical is the dimmer of cyan amide or cyan guanidine, which is mainly used in the production of melamine. Dicyandiamide is also used as a curing agent for epoxy resins and laminates for circuit boards, powder coatings and adhesives. Cyanamid, the amide of normal cyanic acid, is a white crystal that melts at 45° C. It is readily soluble in water, alcohol and diethyl ether. It is prepared commercially by the carbide process from the carbonate derived from limestone or by the desulphurization of theorem in the presence of catalyst (mercuric oxide). Cyanamid is also prepared by the action of ammonia with cyanogens halides. Cyanamid polymerizes to dicyandiamide when heated over 150° C and to tricyantriamide as well as to melamine. Dicyandiamide is an intermediate for melamine production and is the basic ingredient of amino plastics and resins. It is used in the production of a wide range of organic chemicals including slow and continuous nitrogen release fertilizers, fireproofing agents, epoxy laminates for circuit boards, powder coatings and adhesives, water treatment chemicals, dye fixing, leather and rubber chemicals, explosives and pharmaceuticals. it is extensively used as an excellent additive for plastic packages for food stuff and intermediates of pharmaceuticals. Dicyanamide, also known as Dicyanamide, is an anion having the formula C2N–3. It contains two cyanide groups bound to a central nitrogen anion. The chemical is formed by decomposition of 2-cyanoguanidine. It is used extensively as a counter ion of organic and inorganic salts, and also as a reactant for the synthesis of various covalent organic structures. Dicyandiamide Market size should observe lucrative CAGR from 2019 to 2025 in the coming years due to developments in the water treatment industry. Dicyandiamide or cyan guanidine is a free-flowing white colored versatile chemical with diverse applications. Extensive use of the product in wastewater treatment plants as a discoloring agent or flocculating agent will drive the market in coming years. Growth in wastewater treatment industry in the European countries will have significant impact on the dicyandiamide market. The region has more than 18,000 wastewater treatment plants in operation. As the region’s major focus is sustainable development and to promote environment friendly products & techniques, the demand for dicyandiamide will rise in future. Moreover, the rising scarcity of clean water will lead to increasing water treatment facilities in emerging nations which will further boost the demand in the market. Dicyandiamide is used as active pharmaceutical ingredient in the production of motorman on a large scale which helps in the improvement of glucose in diabetes patient. Dicyandiamide is used as intermediate during the manufacturing of flame retardants, fertilizers, coating, adhesives and others. Currently manufacturers prefer to use urea as raw materials for the production of melamine. Due to the availability of cost effective and better performing substitute are expected to hinder the growth of dicyandiamide market. The development of non toxic ultra-micronized dicyandiamide with improved performance for the production coatings, adhesives and others are expected to create new opportunities for dicyandiamide over the forecast period. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Lok Chemicals Pvt. Ltd. Prakash Chemicals Agencies Pvt. Ltd. Sanjay Chemicals (India) Pvt. Ltd. Unicare Pharma Ltd. Helm India Pvt. Ltd.
Plant capacity: Dicyandiamide (DCDA): 10 MT / DayPlant & machinery: Rs 50 lakhs
Working capital: -T.C.I: Cost of Project : Rs 373 lakhs
Return: 29.00%Break even: 61.00%
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Roller Bearing

Bearing, in machine construction, a connector (usually a support) that permits the connected members to rotate or to move in a straight line relative to one another. Often one of the members is fixed, and the bearing acts as a support for the moving member. Most bearings support rotating shafts against either transverse (radial) or thrust (axial) loads. To minimize friction, the contacting surfaces in a bearing may be partially or completely separated by a film of liquid (usually oil) or gas; these are sliding bearings, and the part of the shaft that turns in the bearing is the journal. The surfaces in a bearing may be separated also by rollers or rollers; these are known as rolling bearings. In the illustration, the inner race turns with the shaft. Under certain combinations of load, speed, fluid viscosity, and bearing geometry, a fluid film forms and separates the contacting surfaces in a sliding bearing; this is known as a hydrodynamic film. An oil film can also be developed with a separate pumping unit that supplies pressurized oil to the bearing; this is known as a hydrostatic film. Roller bearings are used to replace sliding movement with low friction, rolling motion in rotary applications. The principal types of roller bearings are cylindrical, spherical, and tapered. In general, roller bearings offer higher load capacities than ball bearings of the same size. Roller bearings are used for heavy-duty moderate-speed applications. Potential applications for spherical and cylindrical roller bearings include power generation, oil field, mining and aggregate processing, wind turbines, gear drives, rolling mills. Single-row tapered roller bearings are used in such applications as machine tool spindles, gear reduction units, automotive transaxles, transmissions, vehicle front wheels, differential and pinion configurations, conveyor rolls, machine tool spindles, and trailer wheels. Bearings Market size was USD 48.1 billion in 2019 and will witness 8.2% CAGR from 2020 to 2026. Ever increasing vehicle sales and growing adoption of electric and connected vehicles will primarily drive the bearings demand for their production and related accessories. A passenger vehicle on an average uses minimum 35 bearings that vary largely on the basis of vehicle model and wide spreading technologies. Further, introduction of advanced high capacity wheel bearings coupled with improved lubricating performance will fuel the market expansion. Growing demand for specialized bearing solutions to meet industry-specific requirements, such as gas meters, flight support systems, and medical imaging equipment will induce a significant growth potential. Several manufacturers in the industry are focusing on digitalization and connectivity for better interaction with customers and automation across the value chain. Digitalization allows product development and improves workflow efficiency through digital manufacturing machineries and automation, contributing to automated and flexible manufacturing processes. Thus, due to demand it is best to invest in this project.
Plant capacity: Roller Bearing ID-40 & OD-80: 4,000 Pcs. / DayPlant & machinery: Rs 604 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1412 lakhs
Return: 28.00%Break even: 70.00%
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Khaini (Chewing Tobacco)

Khaini is the type of smokeless tobacco made from cured tobacco leaves. It may be sweetened and flavored with licorice and other substances. It comes in the form of loose tobacco leaves, pellets or “bits” (leaf tobacco rolled into small pellets), plugs (leaf tobacco pressed and held together with some type of sweetener), or twists (leaf tobacco rolled into rope-like strands and twisted). It is placed in the mouth, usually between the cheek and lower lip, and may be chewed. Chewing tobacco contains nicotine and many chemicals. Also called spit tobacco. Use of a mixture of sun-dried tobacco and slaked lime, known in some areas as khaini, Sada, Surti in India and Nepal, Khaini in Bangladesh, is widespread in Maharashtra and several states of North India, Bangladesh and Tarai belt of Nepal. A regular khaini user may carry a double-ended metal container, one side of which is filled with tobacco and the other with slightly moistened slaked lime. Chewing tobacco was thought to have several medicinal uses, such as to alleviate toothache, to disinfect cuts by spitting the tobacco juice and saliva mixture onto the wound, and to relieve the effects of snake, spider and insect bites The global smokeless tobacco market is projected to grow at a CAGR of 4.7% during the forecast period (2019 - 2024). The revenue forecast in 2025USD 22.24 billion. Chewing tobacco including loose leaf, plug, and roll forms is the fastest-growing segment with a CAGR of 8.1% from 2019 to 2025. Rising demand for chewing tobacco types among consumers due to their low and effective pricing is anticipated to boost the smokeless tobacco products' market growth. The market is also driven by the use of the product for a longer time interval than smoke products, which get finished in a few minutes. Moreover, the availability of various types such as a loose-leaf, twist, and plug, along with packaging types, is likely to fuel the growth of the segment over the forecast period. The India chewing tobacco industry was estimated to expand at a high CAGR over the forecast period. Demand is anticipated to rise due to the adoption of products by women and the old age population in India. Women contribute to about 19.3% and 20% of the consumption of chewing tobacco products such as leaf and pan masala in Pakistan and India, respectively. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Ashok & Company Pan Bahar Ltd Baghban Packers Pvt. Ltd. Ventures Pvt. Ltd. Godfrey Phillips India Ltd. Golden Tobacco Ltd. Kothari Products Ltd.
Plant capacity: Khaini (8 gm Packs): 125,000 Pouches / DayPlant & machinery: Rs 239 lakhs
Working capital: -T.C.I: Cost of Project: Rs 447 lakhs
Return: 27.00%Break even: 50.00%
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Disposable Plastic Syringes

Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. The constantly increasing use of this type Syringe indicates its importance which is based mainly on the advantages it offers regarding cost and hygienic applications. The manufacture of plastic syringes has been developed to such a degree that the products now satisfy the requirements and standards set by Hospital and physicians. At the same time they offer the best possible technique of application to the physician and the highest possible degree of safety to the patient. Disposable Syringes are being used by doctors to inject medicines through intravenous or intramuscular ways for the treatment of diseases & also by research & development personnel. Disposable syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. Disposable needles are becoming more popular in the medical world due to its lower cost and higher accuracy. The procedure is also relatively easy and cheaper. The disposable needle has widely replaced hypodermic needle because of lower cost, easy compatibility and higher sterilization. Disposable needle is widely used by doctors for injection purpose with the help of syringes. With the increase in population in our country, requirement of medicine and injections has increased. The Disposable Syringes market was valued at USD 7.10 billion in 2019 and is predicted to grow at a CAGR of 6.1% during the forecast period and is anticipated to reach USD 12.91 Billion by 2027. The growth of the market is attributed to growing prevalence of chronic diseases, especially diabetes, an increase in the usage of Botox, increased adoption of inject able drugs, technological advancements in syringes, an increase in the geriatric population, a growing number of vaccination and immunization programs. Based on the WHO estimates, 16 billion injections are administered each year globally. A Disposable Syringes is a medical tool used to administer injections of intravenous drugs into the patient’s blood stream or to draw blood sample. The syringe market is expected to witness a robust growth owing to several factors, such as the rise in the demand for pre-filled syringes, growing prevalence of chronic diseases, such as diabetes, infectious diseases and cardiovascular diseases and the increase in the usage of Botox for therapeutic applications. Moreover, the increased adoption of inject able drugs, technological advancements in syringes, the increase in the geriatric population, growing number of vaccination and immunization programs are expected to drive the volume growth over the next few years. According to WHO estimates, around 16 billion injections are administered globally on an annual basis. On the other hand, the rise in the incidence of needle-stick injuries, a high cost associated with safety syringes, and disposable syringes are likely to hinder the growth of the syringe market globally. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under Baxter Pharmaceuticals India Pvt. Ltd. Becton Dickinson India Pvt. Ltd. Hindustan Syringes & Medical Devices Ltd. Novo Nordisk India Ltd. Lifelong Meditech Ltd. Oyster Medisafe Pvt. Ltd. Peekay Mediequip Ltd
Plant capacity: Disposable Plastic Syringes 2 ml Size: 2,000 Boxes/ Day (Each Box = 100 Pcs.) Disposable Plastic Syringes 3 ml Size: 2,000 Boxes/ Day (Each Box = 100 Pcs.) Disposable Plastic Syringes 5 ml Size: 2,000 Boxes/ Day (Each Box = 100 Pcs.)Plant & machinery: Rs 1100 lakhs
Working capital: -T.C.I: Cost of Project : Rs 2006 lakhs
Return: 15.00%Break even: 47.00%
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Surgical Blade

A Surgical Blade is a small and extremely sharp bladed instrument used for surgery, anatomical dissection, and podiatry. Scalpel blades are usually made of hardened and tempered steel, stainless steel, or high carbon steel. A surgical blade is a small, extremely sharp bladed tool, which is used for a variety of purposes such as surgery and anatomical dissection. Scalpels may be of two types, single-use or disposable blades and reusable scalpel. Reusable scalpels have fixed blades that can be sharpened or may have removable single-use blades that are attached permanently. Disposable scalpels generally have a handle made of plastic with an extensible blade and only once, after which the entire instrument becomes redundant. Surgical blades are generally packed in sterile pouches. The global surgical blades market is expected to increase growth in the years to come with the increasing number of surgeries. The growing number of geriatric population across the globe is also presumed to be adding to positively benefit the surgical based market in the long run. Medical centers are being built with increasing number of operation rooms in order to accommodate the rising number of patients. Different types of surgeons having multiple specialties are being employed to cater to the needs of these patients. This in turn is presumed to have a positive impact on the global surgical blades market during the forecast period 2018-2026. The products used in surgical procedures are considered as low-risk instruments that do not require a stringent regulatory process for manufacturing or use. Furthermore, an increase in the number of chronic diseases has propelled the development of more hospitals, clinics, and ambulatory surgical centers, which, in turn, has created more job opportunities for surgeons. These factors are augmenting the growth of the surgical blade market. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Alcon Laboratories (India) Pvt. Ltd. B Braun Medical (India) Pvt. Ltd. Axiom Medisurg Ltd. Boston Scientific India Pvt. Ltd. Cadence A M S Design India Pvt. Ltd. Centenial Surgical Suture Ltd. Mediplus (India) Ltd. Primewear Hygine (India) Product Ltd.
Plant capacity: Surgical Blades (10 Pcs. per Packets):21,600Packets/Day Plant & machinery: Rs 99 lakhs
Working capital: -T.C.I: Cost of Project : Rs 365 lakhs
Return: 30.00%Break even: 69.00%
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Fish Feed

Fish feed are placed in the middle of the aquaculture value chain. Raw materials of marine or land based origin are mixed with other important ingredients to feed pellets, which through their transformation in the fish are important for the final quality of the fresh fish or the processed fish products for the consumers. The fish feed plays an important role in the value chain as it implies important control of the quality of raw materials, which is crucial for the food safety as well as efficient high quality feed types that ensures optimal growth for different fish species farmed under a variety of different conditions. Though the feed cost has to be controlled as this is most often app. 50% of the total production cost in aquaculture. Traditionally two of the most important ingredients have been fish oil and fishmeal. The development of dry pelleted fish feeds to date has two main themes. One theme is on improving digestibility and refining the balance of nutrients so as to match the needs of the different species of fish more precisely at different periods of development. The other type is to improve the sustainability of the ingredients used. This is being attained mainly by identifying additional sustainable sources of ingredients, in particular, to reduce the need for fish oil and fishmeal. Improving the efficiency of feeding also assists sustainability. Fish farmers in India have increased access to high-quality feed this year, as Cargill has opened its first feed plant dedicated to fish species in the country. The plant, located in Vijayawada and acquired from Mulpuri Foods & Feeds, reflects the company’s commitment to bring farmers safe, high-quality fish feed solutions, according to a press release. It marks an important step in Cargill’s work to develop its fish feed business in India and across Asia. The India Aquaculture Feed Market was valued at USD 1.20 billion in 2017 and is expected to register a CAGR of 10.4% during the forecast period (2018-2023). India feed mills have the capacity to produce 2.88 million metric ton. Andhra Pradesh is the largest feed consuming state in India. The coastal line of the country is about 7,517 kilometers with 195.20 kilometers of river and canal systems. The country consists of 14 rivers, 44 medium rivers, and many small rivers. The country also has tanks and ponds. By these sources, it is clear that the aquaculture industry is huge in India which provides huge opportunity and potential for aquaculture feed industry. There are many available feed ingredients for aquaculture industry. Fresh water aquaculture constitutes few important and majorly used feed ingredients like defiled rice bran, wheat bran, cotton seed cake, and groundnut cake. Fish meal, squid meal, cereal flour, squid meal, fish oils, propriety additives are used in shrimp feed industry formulations. Farm made feed consists of mixture of rice bran, wheat bran and oilseed cake. The fish feed market has witnessed an exponential growth due to growing consumption of seafood and growth of aquaculture industry. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Grobest Feeds Corpn. (India) Pvt. Ltd. Mulpuri Foods & Feeds Pvt. Ltd. Rasoya Proteins Ltd Shivshakti Agro (India) Ltd. Taiyo Feed Mill Pvt. Ltd. Wens Industries Pvt. Ltd.
Plant capacity: Fish Feed: 100 MT / DayPlant & machinery: Rs 845 lakhs
Working capital: -T.C.I: Cost of Project : Rs 2273 lakhs
Return: 27.00%Break even: 41.00%
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Humic Acid

Humic acid is a principal component of Humic substances which are the major organic constituents of soil (humus), peat, coal, many upland streams, dystrophic lakes and ocean water. It is produced by biodegradation of dead organic matter. It is not a single acid, rather, it is a complex mixture of many different acids containing carboxyl and phenol ate groups so that the mixture behaves functionally as a dibasic acid or, occasionally, as a tribasic acid. Humic acids can form complexes with ions that are commonly found in the environment. Humic and folic acids are commonly used as a soil supplement in agriculture, and less commonly as a human nutritional supplement. As a supplement, folic acid is found in a liquid form with colloidal minerals. Agriculture: with high content of organic matters, natural Humic acid is the best additive for the organic fertilizer, raw material for hamates based fertilizers and also can be used as soil ameliorator, plant growth stimulator and fertilizer improver. Industry: used as oil drilling fluid stabilizer, cement and ceramic additive, wastewater treatment agent, cathodal plate additive for accumulator. The global Humic acid market is on track to grow to reach a market value of USD 973.06 Mn by the end of 2023. Humic acid is derived from Humic matter which is the result of chemical and biological mummification of plant and animal matter in tandem with microorganism activities. Humic acid is rich in essential nutrients, vitamins, and trace minerals which is immensely beneficial for the soil and can also be used in dietary supplements. Due to this farmers are increasingly employing the use of Humic Acid to enrich the soil and promote a healthy ecological balance which will, in turn, increase crop yield. Humic Acid not only has several benefits to the soil but can make up a key component of animal feed. Humus supplements increase milk production and increase nutrient absorption to increase feed efficiency in dairy cattle. Humic Acid can also help improve immune function and keep an animal healthy which, in the long run, can drastically reduce operational costs. With the rising demand for meat and milk, the meat industry has been booming, and this has resulted in an increased demand for Humic Acid for animal feed applications. In agricultural applications, the inconsistent quality of Humic products may hinder the growth of the Global Humic Acid Market. Moreover improper use of Humic Acid can have bad effects on the soil and plant growth. However, rising applications in wastewater treatment, as well as the use of Humic Acid as organic anodes for lithium and sodium ion batteries are expected to provide the market with high potential for future growth. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Agro Phos (India) Ltd. Basant Agro Tech (India) Ltd. Ghatprabha Fertilizers Pvt. Ltd. Indian Farmers Fertiliser Co-Op. Ltd. Karnataka Compost Devp. Corpn. Ltd.
Plant capacity: Humic Acid: 20 MT / DayPlant & machinery: Rs 169 lakhs
Working capital: -T.C.I: Cost of Project: Rs 726 lakhs
Return: 26.00%Break even: 50.00%
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Curcumin Extraction Unit

Curcumin is the main biologically active photochemical compound of Turmeric. It is extracted, concentrated, standardized and researched. Curcumin, which gives the yellow color to turmeric, was first isolated almost two centuries ago, and its structure as diferuloylmethane was determined in 1910. Extensive research within the last half a century has proven that its renowned range of medicinal properties, once associated with Turmeric, is due to Curcumin. Turmeric is a spice derived from the rhizomes of Curcuma long, which is a member of the ginger family (Zingiberaceae) and a gold-colored spice commonly used in the Indian subcontinent, not only for health care but also for the preservation of food and as a yellow dye for textiles. Rhizomes are horizontal underground stems that send out shoots as well as roots. Curcumin is extracted and researched for its renowned range of health-related and disease-preventing medicinal properties. Purification from 95% to 100% curcumin does not increase bioavailability of curcumin but the manufacturing costs are substantially higher. Hence 95% purity is available in markets. Curcumin is widely used to colour many foods. The Draft Codex General Standard for Food Additives provides an extensive list of such foods. Curcumin is listed for use in dairy products, fats, oils and fat emulsions, edible ices, fruit and vegetable products, confectionery, cereal products, bakery wares, meat and meat products, fish and fish products, eggs and eggs products, spices, soups, sauces and protein products, foodstuffs intended for particular nutritional uses, beverages, ready-to-eat savories and composite foods. Use levels of curcumin are in the range from 5 to 500 mg/kg depending on the food category. Global cancer drugs market has surpassed USD 100 billion valuation in 2015 and may reach nearly USD 145 billion by 2024, with U.S. being the major consumer. U.S. herbal dietary supplements market was over USD 6 billion valuation in 2015, with estimated gains at over 7.5%. Rise in consumer awareness related to over the counter availability owing to favorable government regulations should enhance curcumin demand. Curcumin production is mainly concentrated in India exceeding 78% of the global output. Changeable turmeric prices owing to unseasonal rainfall and environment hazards may impact curcumin market price trend. Pharmaceutical applications accounted for over 52% of the global curcumin market share. Effective and positive results from various diseases such as Alzheimer and gastric ailments are major reasons driving curcumin based supplements demand. Over the counter availability and approval from government should positively influence product demand in pharmaceutical market. Increasing application scope in food & beverages owing to rise in demand for natural colorant substance are another lucrative factor to favor product demand. However, large availability of synthetic colorant substance may restrain the market growth. Other potential applications include cyanide detection, solar PV and textiles. This facilitates the development of new technologies and ensures a high quality product. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Akay Flavours & Aromatics Pvt. Ltd. Arjuna Natural Extracts Ltd. Naturite Agro Products Ltd. Omniactive Health Technologies Ltd. Vinayak Ingredients (India) Pvt. Ltd. Synthite Industries Pvt. Ltd.
Plant capacity: Curcumin Powder : 100 Kgs / Day Turmeric Oil: 47.60 Kgs / Day Deoiled Turmeric: 1,842 Kgs / DayPlant & machinery: Rs 216 lakhs
Working capital: -T.C.I: Cost of Project : Rs 487 lakhs
Return: 27.00%Break even: 65.00%
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Ginger Oil

Ginger, one of the most important and oldest of spices used in every kinds of food preparation. The rhizomes known in the trade as hand or races reach the spice trade either, with the outer cortical layers intact (Coated unscripted ginger) or with the outer coating partially or completely removed. Ginger products, such as ginger oil is internationally commercialized for use in food and pharmaceutical processing. To improve their appearance some grades of ginger are bleached by various means by liming. Ginger oil is used in the treatment of fractures, rheumatism, arthritis, bruising, carbuncles, diarrhea, colic, cramps, nausea, hangovers, travel and sea sickness, colds and flu, sores on the skin, sore throat, catarrh, congestion, coughs, sinusitis, chills and fever. Ginger oil is a seasoning and flavors sweets, including cakes, cookies, breads, and beverages. Also used in lot of perfumery creation and blending with other essential oils. Ginger oil market is segmented on the basis of its applications in different industries as food and beverage industry, pharmaceutical, personal care industry and other applications. In food and beverage industry ginger oil is used for flavor and seasoning purpose, in confectionery beverages and bakery products .it is widely used as flavor for cake, cookies and biscuits, ginger snaps etc. In non-alcoholic beverages ginger oil market demand is high. Due to its medicinal properties ginger oil is being used in treatment of several disease conditions since long time. Looking at several applications of ginger oil in treatment of stomach problem such as nausea and vomiting, diarrhea, food poisoning, gastric ulcer, headache, asthma, migraine, inflammation and many more conditions, ginger oil is used in various pharmaceutical products. Ginger oil is essential in hair care for curing dandruff and used in personal care products. As ginger oil is stimulating and therefore relieves depression, mental stress, dizziness, exhaustion, restlessness and anxiety, thus used in aromatherapy and Ayurveda. Ginger oil market is further segmented on basis of extraction methods such as steam distillation and solvent extraction. Solvent extraction is used for the extraction of ginger oleoresin, and steam distillation is used to get ginger essential oil. The global ginger oil market is expected to grow at a CAGR of 9.41% over the forecast period to reach a total market size of US$189.431 million by 2025, increasing from US$110.435 million. Ginger oil is a kind of concentrated essential oil that is extracted from the ginger rhizome through a distillation process. Ginger oil has a warm, strong, and spicy aroma and it is useful for aromatherapy. Ginger oil is spicy and warming oil that comforts and stimulates the skin, body, and psyche. It is a flowering perennial and is considered as more gainful because of its higher Gingerol content, a constituent that is most reputable for its antioxidant and anti-inflammatory properties. Ginger oil has traditionally been accepted in Ayurveda medication to soothe emotional challenges such as anxiety, sadness, low self-confidence, and a lack of enthusiasm. The investments in research and development of the extraction process of ginger oil and product development are increasing significantly. The use of ginger oil in anti-wrinkle creams, shampoos, skincare products, and hair care products are already increasing steadily. Ginger oil has been found as a useful essential oil in animal feed supplements. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Enjayes Spices & Chemical Oils Ltd. Kancor Ingredients Ltd. Schaeffler India Ltd. Synthite Industries Pvt. Ltd. South East Agro Inds. Ltd. Enjayes Natural Flavours Ltd
Plant capacity: Ginger Oil: 100 Kgs / DayPlant & machinery: Rs 56 lakhs
Working capital: -T.C.I: Cost of Project: Rs 214 lakhs
Return: 29.00%Break even: 66.00%
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Disposable Plastic Syringes with Needles Manufacturing

Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. The constantly increasing use of this type Syringe indicates its importance which is based mainly on the advantages it offers regarding cost and hygienic applications. The manufacture of plastic syringes has been developed to such a degree that the products now satisfy the requirements and standards set by Hospital and physicians. At the same time they offer the best possible technique of application to the physician and the highest possible degree of safety to the patient. Disposable needles are becoming more popular in the medical world due to its lower cost and higher accuracy. The procedure is also relatively easy and cheaper. The disposable needle has widely replaced hypodermic needle because of lower cost, easy compatibility and higher sterilization. Disposable needle is widely used by doctors for injection purpose with the help of syringes. With the increase in population in our country, requirement of medicine and injections has increased. A syringe is a medical device used for injecting fluids into the body, or to withdraw fluid from the body. A typical medical syringe has a needle attached to a hollow cylinder, which is fitted with a sliding plunger. By pushing the plunger in downward movement, the fluids are injected in a body, and retracting the plunger in upward direction extracts fluids from the body. The global prefilled syringes market size is expected to reach a value of USD 22.5 billion by 2025, according to a by Grand View Research, Inc. The market is estimated to expand at a CAGR of 11.2% during the forecast years. Growing usage of prefilled syringes and technological advancements in auto-injectors are the key factors driving the market. These syringes enable easy management of chronic diseases, such as diabetes and rheumatoid arthritis, which is expected to boost the usage of auto injectors and pen injectors during the forecast period. Thus, growing prevalence of diabetes and other chronic diseases would fuel the market demand over the next few years. The introduction of advanced devices with Wi-Fi and Bluetooth connectivity facilitating effective management of patient health records is also expected to boost the product demand. The global syringe market is expected to witness robust growth owing to several factors such as rise in demand for pre-filled syringes, growing prevalence of chronic diseases such as diabetes, increase in usage of Botox for therapeutic applications. Moreover, the growing number of vaccination and immunization programs are expected to drive strong volume growth over the next few years. Increased adoption of inject able drugs, technological advancements in syringes, increase in geriatric population and increase in demand for vaccination are some of the other factors contributing to the growth of the market. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Hindustan Syringes & Medical Devices Ltd. Lifelong Meditech Ltd. Schott Kaisha Pvt. Ltd. Disposable Medi-Aids Ltd. Peekay Mediequip Ltd.
Plant capacity: Disposable Plastic Syringes with Needle 1 ml Size) : 18,000 Nos / Day Disposable Plastic Syringes with Needle 3 ml Size) : 18,000 Nos / Day Disposable Plastic Syringes with Needle 5 ml Size) : 18,000 Nos / Day Disposable Plastic Syringes with Needle 10 Plant & machinery: Rs 108 lakhs
Working capital: -T.C.I: Cost of Project : Rs 498 lakhs
Return: 31.00%Break even: 44.00%
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