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

Agriculture: Project Opportunities in Goa

PROFILE:

Agriculture sector contributes one-fourth of the country’s GDP. India is the largest producer of milk, fruits, pulses, cashew nuts, coconuts and tea in world and accounts for 10 % of the world fruit production. India’s food grain production is expected to rise to 208.5 million tons by March 2006, from 204.6 million tons in 2005. Horticulture sector contributes 30 % of the agriculture GDP and accounts for 8.5 % of cultivated area. In the Global food processing industry Asia-pacific is accounting for 31.10 % of global market. India is the World’s second largest producer of food, next to China and has potential to be number one.

RESOURCES:

The major food crops in the State are rice, paddy, maize, jawar, bajra and ragi. While, main cash crops are coconut, cashew nut, arecanut, sugarcane and fruits like pineapple, mango and banana. Out of the total geographical area of 3702 sq km, the State has a rich forest cover of about 1424.46 sq km. Of this, 1224.46 sq km has been classified as Government forest (of which about 62% has been brought under Protected Areas (PA) of Wildlife Sanctuaries and National Parks) and the rest as private forests.

GOVERNMENT POLICIES:

Indian agriculture policy is aimed essentially at improving food self sufficiency and alleviating hunger through food distribution. In India, agricultural trade policy is a part of a larger food and agriculture policy regime that seeks to maintain food self-sufficiency while providing income support to the agricultural sector and poor consumers. The salient features of the new agricultural policy are:

•        Over 4 per cent annual growth rate aimed over next two decades.

•        Greater private sector participation through contract farming.

•        Price protection for farmers.

•        National agricultural insurance scheme to be launched.

•        Dismantling of restrictions on movement of agricultural commodities throughout the country.

•        Rational utilisation of country's water resources for optimum use of irrigation potential.

•        High priority to development of animal husbandry, poultry, dairy and aquaculture.

•        Capital inflow and assured markets for crop production.

•        Exemption from payment of capital gains tax on compulsory acquisition of agricultural land.

•        Minimise fluctuations in commodity prices.

•        Continuous monitoring of international prices.

•        Plant varieties to be protected through legislation.

•        Adequate and timely supply of quality inputs to farmers.

•        High priority to rural electrification.

•        Setting up of agro-processing units and creation of off-farm employment in rural

Fisheries and Aquaculture Sector: Project Opportunities in Goa

PROFILE:

The 'fisheries and aquaculture sector' is recognized as the sunshine sector in Indian agriculture. It stimulates growth of number of subsidiary industries and is the source of livelihood for a large section of economically backward population, especially fishermen, of the country. Fish production in India has increased more than tenfold since its independence in 1947. According to the Food and Agriculture Organization of the United Nations, fish output in India doubled between 1990 and 2010. India has 8118 Km of marine coastline, 3827 fishing villages, and 1914 traditional fish landing centres. India's fresh water resources consists of 195,210 Km of rivers and canals, 2.9 million hectares of minor and major reservoirs, 2.4 million hectares of ponds and lakes, and about 0.8 million hectares of flood plain wetlands and water bodies. As of 2010, the marine and freshwater resources offered a combined sustainable catch fishing potential of over 4 million metric tonnes of fish.

RESOURCES:

Fishing is another traditional and important economic activity of the State. Goa, being located on the west coast of India, has a coastline extending over 100 Km and inland waterways of another 250 Km, rich in marine wealth. Prawns, the valuable foreign exchange earner, mackerels, sardines, etc. are available in plenty in Goa coast. Fish is a protein rich food. It forms a chief component in the diet of about 90% of the population of Goa. Capture fisheries of Goa (India) constitute a highly productive sector. They remain one of the major sources of valuable food and employment and a net contributor in the foreign exchange earnings. As a result of this dramatic increase some marine fish stocks have started showing the sign of over-exploitation. Many small scale units based on fisheries resources like salt curing of mackerels, fish meat, fish oils, dehydration of fishes etc. are being set up under the State. The fishing activity has also given a big boost to canning, freezing and other fish processing units in the State. A couple of fish oil extraction as well as fish meal manufacturing units can also be set up in the State by utilising the rich fisheries resources.

GOVERNMENT POLICIES:

The Indian government announced NDSP as part of the economic reforms programme. The policy involved three schemes - leasing out of foreign fishing vessels to operate in the Indian EEZ, engaging foreign fishing vessels for test fishing and forming joint ventures between foreign companies and Indian companies on 49:51 equity basis in deep sea fishing, processing and marketing. Government of India started giving licenses to joint venture, lease and test fishing vessels.

Tourism: Project Opportunities in Goa

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. Tourism has become an important industry in many countries of the world, both in the east and the west. Various initiatives are being taken by the Government and other organizations to promote tourism here. Tourism is one of the fastest growing industries in the world. The number of tourists worldwide has been registering phenomenal growth and it is expected that this number would shortly touch 1.5 billion. Tourism contributes about 11% of the world work force and 10.2% of the global gross domestic products. The dynamic growth of this industry is evident from the fact that a new job is added to this sector every 2.5 second.

RESOURCES:

Goa is one of the most preferred places of holiday in India. It may not be the state to receive maximum number of tourists in India but the state is well known to receive international tourists on a large scale, more than probably any other state in the country. Thus, it is evident that tourism is the main source of income for the state government as well as residents who rely heavily on the tourists to boost of their trade. Notably, Goa is the state with the highest GDP in India. Agonda, Candolim, Calangute and Dona Paula are some of the Goa beaches that are most inviting. However, these are not the only beaches in the state. The beaches are known to witness a massive footfall throughout the year. Besides, the churches in the state are the living reminiscent of the Portuguese rule in the state of Goa. The beautifully adorned churches are one of the major contributors that led the state earn the sobriquet of "Pearl of the Orient".

GOVERNMENT POLICIES:

The basic Government policy would be to raise the quality of the infrastructure, which is a foundation for the sustainable growth of tourism and is crucial for accelerated benefits to the people of the state. Accordingly, Government would endeavour to provide:-

•        Encouragement to existing private initiatives through an appropriate package of fiscal and friendly taxation measures.

•        Investor friendly environment for new private initiatives through a combination of prompt processes and progressive fiscal and taxation policies.

•        Develop tourism as a non-invasive instrument of revitalization, conservation and growth.

•        A balanced tourism development as a part of the overall Area Development Strategy.

•        Public infrastructural facilities including local planning and zoning arrangements.

•        Entrust regulatory measures to ensure social, cultural and environmental sustainability.

•        Ensure that the type and scale of tourism development is compatible with the environment and social cultural milieu of the area.

•        Ensure that the local community is involved and the benefits of tourism accrue to them.

•        Ensure availability of trained manpower primarily from amongst the local pollution.

•        Undertake research, prepare Master Plans, formulate marketing strategies and organize domestic and overseas promotion and marketing jointly with the industry.

•        Ensure Regulation of Indigenous Tourism related Health Care System.

•        Measures to ensure promotion, facilitation and regulation of Tourist Trade.

Mineral and Mining: Project Opportunities in Goa

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. Common rocks are often made up of crystals of several kinds of minerals. There are some substances, like opal, which have the appearance of a mineral but lack any definite internal structure, are sometimes called "mineraloids". The minerals produced in India constitute one-quarter of the world's most popular mineral resources.

RESOURCES:

The State of Goa is a tiny emerald land on the west coast of the Indian Peninsula. The rich and varied mineral resources of the State have contributed handsomely towards the development and industrialization of the State. The State of Goa has an important position in the Mineral Map of the Country.  The production of iron ore accounts to about 13% of the iron ore production in India and its exports accounts to about 35% of the Country exports. The State of Goa is endowed with Mineral Resources.  Iron ore, Manganese ore, Bauxite are minerals of economic importance.  Besides there are minor minerals like Basalt, Laterite stones and rubbles, River sand, Murrum etc., which are in great demand as construction material.  This industry is labour intensive and provides work to large number of people. The Bauxite Mines are situated in South Goa over an area of 1263.678 Ha. with estimated reserves of 70 million tons. These are metallurgical grade bauxite which can also be used for various applications such as cement, alumina chemicals, etc.

GOVERNMENT POLICIES:

Strategy for mineral development and exploitation:

•        Notification for re-grant of mineral concessions.

•        Sustainable Development

•        Mine Rehabilitation

•        Simplification of Procedure

•        Environmental and ecological balance.

•        Development of Infrastructure Facilities

•        Financial Assistance

•        Value Addition and Upgradation of Minerals

•        Information Dissemination

•        Foreign Capital Investment

Waste Management and Recycling: Project Opportunities in Goa

PROFILE:

Waste utilization, recycling and reuse plays a major role in limiting resource consumption and the environmental impact of waste. Recycling is an integral part of any waste management system as it represents a key utilization alternative to reuse and energy recovery (Waste-to-Energy). Which option is ultimately chosen depends on the quality, purity and the market situation. 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:

Goa produces around 300 tonnes of garbage, but with municipal bodies. The proliferation of plastic wastes in the urban and village environments of Goa, and the abysmally hopeless and inadequate arrangements of municipalities and authorities for the disposal of this plastic litter, are subjects which many environment NGOs and citizens have expressed anguish over right from the inception of the Goa Environment Federation (GEF). Goa receives around 2 million of domestic and international tourists per year. A tourist produces an average of 1kg of waste a day. If we calculate the waste therefore, generated by the tourism industry in Goa the figures are shocking and huge. This waste is leading to a loss of biodiversity which is linked to human activities and loss of landscape attractiveness affect a number of tourist destinations. Though a few civic bodies, including CCP, have initiated solid waste management programmes, the problem is also in coping with the huge outflow of non-biodegradable waste from tourism industry, shops and establishments and plastic-oriented packaging in a consumerist society. Around 2,000 composting units to treat wet waste have been set up at various levels, including individuals and housing colonies.

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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Dry Lemon Powder and Lemon Oil

Spray dried lemon juice powder was used to enhance the acceptability and nutritive value.It reserves the most of bioactive ingredients of lemon and also its property (color, smell, and taste) Ingredient: Vitamin c, citric acid, malic acid.Lemon Essential Oil is a natural detoxifier and contains antiseptic properties that aid in clearing the face from pimples and acne. By doing so, lemon also tightens the skin, preventing wrinkles, and removes excess Oils that clog pores and cause blackheads. According to Lemons and Limes - Market Report, Analysis and Forecast to 2025", the world market of lemons and limes grew by 19% to $ 13.9 billion.The lemon juice powder market, in terms of value, is projected to reach around USD 93.94 Billion by 2021, at a CAGR of 6.0% from 2016 to 2021.The global lemon essential oils market is projected to register an estimated CAGR of 9.2%, during the forecast period, 2018-2023. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Aarkay Food Products Ltd. • Aayush Food & Herbs Ltd. • Elite Foods Pvt. Ltd. • Foods & Inns Ltd. • Garlico Industries Ltd. • Kamdhenu Foods Ltd.
Plant capacity: Lemon Powder: 32 MT/Day Lemon Oil: 12 MT/DayPlant & machinery: Rs. 721 lakhs
Working capital: -T.C.I: cost of project Rs.1983 lakhs
Return: 33.00%Break even: 51.00%
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Biodegradable Plastic Bags from Corn Starch

Corn starch has 25% amylose and 75% amylopectin. The amylose molecules loose lose water increase biodegradation characteristic and amylopectin molecule is responsible for plasticizer properties. Corn starch used in making biodegradable plastic bags. Biodegradable plastic bags are made of polymers that degrade, or decompose, when exposed to air, water, or sunlight. Biodegradable Plastics Market by Type (PLA, PHA, PBS, Starch-Based Plastics, Regenerated Cellulose, PCL), by Application (Packaging, Fibers, Agriculture, Injection Molding, and Others) - Global Trends & Forecasts to 2020 says biodegradable plastics market is projected to be worth more than USD 3.4 billion by 2020 growing at around 10% CAGR.Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Arihant Industries Ltd. • Baroda Polyplast Ltd. • Jain Plastics & Chemicals Ltd. • Karwa Consolidated Mktg. Ltd. • Paradise Plastics Enterprise Ltd. • Shakun Polymers Ltd.
Plant capacity: Biodegradable Plastic Bags (Per Bag 25 gms wt.) : 360 MT/AnnumPlant & machinery: Rs 298 lakhs
Working capital: -T.C.I: Cost of Project : Rs 606 lakhs
Return: 25.00%Break even: 61.00%
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Cow Urine (Gomutra)Processing and Packing

Gomutra is not a toxic waste material. 95% of it is water, 2.5% consists of urea, and the remaining 2.5% is a mixture of minerals, salts, hormones and enzymes.Gomutra or gaumutra cow urine is urine from cows used for therapeutic purposes in traditional Indian medicine, Ayurveda and also for purification in VaastuShastra.Cow urine has bio enhancing activity for Rifampicin, the front-line anti-tubercular drug used against tuberculosis, increasing its action up to sevenfold against Escherichia coli, and up to 11-fold against Gram-positive bacteria. There are more than 50 units processing cow urine in India. That cow urine is in demand not just in India, but around the world, became evident recently when health authorities in London raised objections to shopkeepers placing cow urine concentrate on shelves next to food items.As a whole any entrepreneur can venture in this project without risk and earn profit.
Plant capacity: Distilled Cow Urine (Gomutra): 2000Lts./DayPlant & machinery: Rs.22 lakhs
Working capital: -T.C.I: Cost of Project: Rs.187 lakhs
Return: 28.00%Break even: 68.00%
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Chocolate, Toffee and Candy Industry

The chocolate and confectionery products industry has traditionally been subject to significant fluctuations in demand.Chocolate is a key ingredient in many foods such as milk shakes, candy bars, cookies and cereals.Chocolates are the favourite item of children. Its primary feature is that it is solid at room temperature of 20 - 25 deg. C and yet melts rapidly in the mouth at 37 deg. C giving a liquid, which appears smooth to the tongue. It is expected that India chocolate industry will be growing at the CAGR 23% by volume between the years 2013-2018 and reach at 3,41,609 Tons.The dark chocolates are expected to account for the larger market share when compared to milk and white chocolates in the coming years.The India Chocolate market is expected to reach USD 5.01 billion by 2023.This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Barista Coffee Co. Ltd. • Baroda Agro Inds. Ltd. • Candico (I) Ltd. • Cocoa Products & Beverages Ltd. • Fresh & Honest Cafe Ltd. • Gandour India Food Processing Pvt. Ltd.
Plant capacity: Chocolate: 2000 Kgs./Day Toffee: 500 Kgs./Day Candy: 500Kgs./DayPlant & machinery: Rs.305 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1058 lakhs
Return: 26.00%Break even: 36.00%
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Residential Apartment

Residential Apartment is a part of Housing, which has encouraging scope or development. House is a very complex term.A standard residential building of bungalow type with has drawing room, dining room office room, guest room, kitchen room, store, pantry, dressing room, bathroom, front verandah, stairs etc., Housing finance companies (HFCs) have been significantly contributing to the industry’s growth. They have been at the forefront addressing financial needs of the segment at the base of the pyramid and have gained a significant market share in India’s mortgage market. If these trends are well leveraged, HFCs will continue to strengthen their market share through wider finance penetration and expanding reach in Tier II and III cities. Driven by these aspects the demand for affordable housing, loan disbursement is expected to record five-year CAGR of 17-18% to reach Rs 9 trillion by 2020-21.Entrepreneurs who invest in this project will be successful.
Plant capacity: 312 Nos./AnnumPlant & machinery: 00
Working capital: -T.C.I: Cost of Project: Rs 10676 lakhs
Return: 1.00%Break even: N/A
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Residential Apartment

Residential Apartment is a part of Housing, which has encouraging scope or development. House is a very complex term.A standard residential building of bungalow type with has drawing room, dining room office room, guest room, kitchen room, store, pantry, dressing room, bathroom, front verandah, stairs etc., Housing finance companies (HFCs) have been significantly contributing to the industry’s growth. They have been at the forefront addressing financial needs of the segment at the base of the pyramid and have gained a significant market share in India’s mortgage market. If these trends are well leveraged, HFCs will continue to strengthen their market share through wider finance penetration and expanding reach in Tier II and III cities. Driven by these aspects the demand for affordable housing, loan disbursement is expected to record five-year CAGR of 17-18% to reach Rs 9 trillion by 2020-21.Entrepreneurs who invest in this project will be successful.
Plant capacity: 312 Nos./AnnumPlant & machinery: 00
Working capital: -T.C.I: Cost of Project: Rs 10676 lakhs
Return: 1.00%Break even: N/A
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Cement Plant

Cement is the binder component of concrete, the glue that holds the filler together to create a uniform, strong material. The filler in concrete consists primarily of aggregate particles.Cement is a material with adhesive and cohesive properties which make it capable of bonding minerals fragments into a compact whole. It can be defined as any substance, which can join unite two or more pieces of some other substance together to form a unit mass. Cement demand is expected to increase by 5.0-5.5% y-o-y in FY18 on back of increased spends on roads and railways, push towards affordable housing by central government, materialization of pent-up demand, particularly in rural housing and low base. Cement demand is expected to reach 550-600 Million Tonnes Per Annum (MTPA) by 2025.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • A C C Ltd. • Adani Cements Ltd. • Ambuja Cements Ltd. • B R Cement Industry Ltd. • Bagalkot Cement &Inds. Ltd. • Bharathi Cement Corpn. Pvt. Ltd. • BhilaiJaypee Cement Ltd.
Plant capacity: Cement: 1000 MT/DayPlant & machinery: Rs. 1732 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 3952 lakhs
Return: 27.00%Break even: 57.00%
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Soft Gelatin Capsules

Soft gelatin (also called softgel or soft elastic) capsules consist of one piece hermetically-sealed soft shells. Soft gelatin capsules are prepared by adding a plasticizer, such as glycerin or polyhydric alcohol (e.g., sorbitol), to gelatin. The plasticizer makes gelatin elastic. Soft gelatin capsules come in various shapes such as spherical, elliptical, oblong, and special tube shapes with and without twist off. The demand of the soft gel capsules is increasing due to the available customization facilities for the molds and content as per customer needs.The Global Softgel Capsules Market is poised to grow at a CAGR of around 5.4% over the next decade to reach approximately $316.6 billion by 2025.Which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • C J Gelatine Products Ltd. • Fortcaps Healthcare Ltd. • Healthcaps India Ltd. • India Gelatine& Chemicals Ltd. • K P Gelatines& Chemicals India Ltd. • MarksansPharma Ltd. • Medgel Pvt. Ltd.
Plant capacity: Soft Gelatin Capsules: 3120000Nos./DayPlant & machinery: Rs. 649 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 10871 lakhs
Return: 35.00%Break even: 31.00%
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Bakery Products (Cake & Filled Croissants Puffs)

Bakery holds an important place in food processing industry and is a traditional activity.Bakery products, due to high nutrient value and affordability, are an item of huge consumption. Due to the rapid population rise, the rising foreign influence, the emergence of a female working population and the fluctuating eating habits of people, they have gained popularity among people, contributing significantly to the growth trajectory of the bakery industry. India is a major manufacturing house for bakery products and is the third- largest biscuit manufacturing country after USA and China. The Indian bakery market is valued at Rs. 3,295 crore and out of this, bread and biscuits hold 82% of the share. India’s organised bakery sector produces about 1.3 millions tonne of bakery products (out of three million tonnes) while the balance is produced by unorganised, small-scale local manufacturers. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • Ampro Products Ltd. • Anmol Industries Ltd. • Bakemans Industries Pvt. Ltd. • Bonn Nutrients Pvt. Ltd. • Britannia Industries Ltd. • Century Biscuits Ltd.
Plant capacity: Cakes (200 gm): 720000 Pcs./Day Filled Croissants Puffs (60 gm): 480000 Pcs./DayPlant & machinery: Rs.540 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 12913 lakhs
Return: 33.00%Break even: 35.00%
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Admixtures Plant (Water Retarding Admixtures for Concrete)

Water reducers, retarders, and super plasticizers are admixtures for concrete, which are added in order to reduce the water content in a mixture or to slow the setting rate of the concrete while retaining the flowing properties of a concrete mixture. Admixtures are used to modify the properties of concrete or mortar to make them more suitable to work by hand or for other purposes such as saving mechanical energy.. The use of WRA may accelerate or retard the initial setting time of concrete. Rate of concrete admixtures market growth is highly influenced by construction industry in developing economies and worldwide markets will hit $18.10 billion by 2020, at a CAGR of 9.15% between 2015 and 2020.The market size in terms of value of water retarding admixture is estimated to be USD 2.52 billion in 2015 and is projected to grow at a CAGR of about 8.16% between 2015 and 2020.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Bharat Chemicals & Fertilizers Ltd. • Fosroc Chemicals (India) Pvt. Ltd. • Hindustan Chemicals & Minerals Pvt. Ltd. • Particle Dynamics Pvt. Ltd. • Prism Johnson Ltd. • Thermax Ltd.
Plant capacity: Water Retarding Admixture for Concrete: 20 MT/DayPlant & machinery: Rs. 40 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 160 lakhs
Return: 30.00%Break even: 76.00%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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