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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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Extruded Food (Kurkure Type)

Food extrusion is a form of extrusion used in food processing. It is a process by which a set of mixed ingredients are forced through an opening in a perforated plate or die with a design specific to the food, and is then cut to a specified size by blades. The machine which forces the mix through the die is an extruder, and the mix is known as the extrudate. The extruder consists of a large, rotating screw tightly fitting within a stationary barrel, at the end of which is the die. Extrusion processing has become an important food process in the manufacture of pasta, ready-to-eat cereals, snacks, pet foods, and textured vegetable protein (TVP). An extruder consists of tightly fitting screw rotating within a stationary barrel. Preground and conditioned ingredients enter the screw where they are conveyed, mixed, and heated by a variety of processes. The global extruded foods market is expected to grow significantly in the near future. Rapid growth of the processed food industry is expected to fuel the extruded foods market. The increasing investments in emerging economies create the growth opportunities for the manufacturers. On the other hand unpredictable factors, such as global climatic conditions affect the production of raw materials, which can hamper the growth of the extruded foods market. Extrusion cooking is an energy efficient means of preparing ready-to-eat food and snacks. It offers versatility in terms of ingredient selection and texture & shape of products that can be produced. Extrusion snack food products are prepared using a wide variety of ingredients such as corn, potatoes, tapioca, and others.
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Return: 1.00%Break even: N/A
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Closed Cell Nitrile (Silicone Rubber Insulation), Silicone Elastomer

Nitrile (also known as Buna-N) closed cell sponge rubber is an excellent gasket material for sealing applications that require oil and UV resistance. With a high resistance to vegetable oil, animal oil, and mineral oil, Buna-N also performs well as a gasket or sealing material in petroleum-based applications. Closed cell Nitrile is a firm density material, which is also available in a soft density (C41NBR) and a medium density (C42NBR). A-flex Nitrile Rubber is a flexible thermal insulation material made from closed-cell, elastomeric nitrile rubber. It is also available with adhesive backing and foil facings, enabling fast and simple installation. Accosound (Open cell) and Accofoam (convoluted) are acoustic insulation materials suitable for various air borne and structural noise control applications. Global Silicone Elastomer Market was valued at $6,378 million in 2016, and is projected to reach $9,217 million by 2023, growing at a CAGR of 5.4% from 2017 to 2023. Silicone elastomer is a synthetic rubber, inorganic in nature, made via cross-linking of silicone-based polymers in presence of certain catalysts. This compound is available in variety of forms including solids, closed cell sponges, open cell foams, electrically conductive, and thermally conductive materials. Silicone elastomer is considered as a chemical bridge between inorganic & organic polymers, owing to its unique combination of mechanical and chemical properties. These polymers are superior to organic elastomers in terms of different characteristics, including heat resistance, good weatherability, flame retardancy, cold resistance, electrical properties, chemical resistance and stability. Automotive vehicles, one of the key applications of silicone elastomer, possess high market potential for investment, owing to rise in their demand followed by healthcare industry.
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Return: 1.00%Break even: N/A
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Sintered Bush

Sintered bush including a porous metallic sintered body including: an iron (Fe) based matrix containing a martensite structure; and one or more kind of metal matrix selected from copper (Cu), tin (Sn), and nickel (Ni), in which a lubricant which has oil separation of 5 to 10% at an operational temperature of 60 to 80°C. And is semisolid or solid at room temperature is impregnated in pores of the porous sintered body. The demand of the bushing is dependent on the various sectors like automobile, motors, home appliance etc. The Indian automobile market can be divided into several segments viz. two-wheelers (motorcycles geared and ungeared scooters and mopeds), three wheelers, commercial vehicles (light, medium and heavy), passenger cars, utility vehicles (UVs) and tractors. Demand is linked to economic growth and rise in income levels.
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Return: 1.00%Break even: N/A
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Web Offset Printing

Offset printing is a commonly used printing technique in which the inked image is transferred (or "offset") from a plate to a rubber blanket, then to the printing surface. When used in combination with the lithographic process, which is based on the repulsion of oil and water, the offset technique employs a flat (planographic) image carrier on which the image to be printed obtains ink from ink rollers, while the non-printing area attracts a water-based film (called "fountain solution"), keeping the non-printing areas ink-free. The modern "web" process feeds a large reel of paper through a large press machine in several parts, typically for several metres, which then prints continuously as the paper is fed through. Web offset printing is a type of offset printing that continuously feeds a roll of paper through the press. The paper is not precut but is after the printing is complete and then goes to bind or fold. Web offset presses are able to print on one or two sides simultaneously. With these features, web offset printing is perfect for those larger commercial projects. Web Offset printing is one of two variations of offset printing; the other being sheet-fed offset printing. Offset printing press is a majorly used printing technique in which the inked image is shifted from a platter to an elastic blanket, and after that, it is finally transferred to the printing surface. Offset printing is the advanced method of the printing system in any language and format. The method of offset printing press are based on tradle, or rotary printing press in which the matter to be printed was to be primarily collected manually rather automatically. In offset printing press, the content which is to be printed, is fed in the system and after that with the help of the camera, it is film and exposed is prepared through chemicals and put into offset printing press machine for the final print.
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Return: 1.00%Break even: N/A
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Alumina from Gibbsite

Alumina (aluminium oxide) is a white granular material produced from the refining of bauxite. Around 90 per cent of the world's alumina is smelted to produce aluminium metal. Around two tonnes of alumina is required to produce one tonne of aluminium. Alumina is the common name given to aluminum oxide (Al2O3). Alumina is produced from bauxite, an ore that is mined from topsoil in various tropical and subtropical regions. Only about 10% of alumina is used in non-metallurgical application and is known as high purity alumina. High-purity alumina contains a minimum of 99.99% pure aluminium and is a type of non-metallurgical alumina. High Purity Alumina Market is expected to garner $5,293 million by 2023, registering a CAGR of 17.0% during the forecast period 2017-2023. The market for high purity alumina has witnessed tremendous growth during the past few years and is expected to grow at a CAGR of 20.7% in terms of volume, during the analysis period. World demand for high purity alumina has gained an incredible traction, owing to growing technological advancements and increasing demand from applications namely LED bulbs, electronic displays, automotive and medical. This trend is expected to continue with growing adoption of HPA by end users and emerging technological advancements in electronics industry. Increasing penetration of LEDs in the lighting market, newer applications of high purity alumina in smartphones, smartwatches and tablets, are significant factors driving the growth of the high purity alumina market. However, higher cost of production is expected to impede the high purity alumina market growth.
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Return: 1.00%Break even: N/A
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Stainless Steel Corrugated Hoses, Metal Hose

The Stainless steel corrugated hose is especially designed to achieve several objectives in pipe work design. These include, absorption or vibration, operate under vacuum, handle temperature extremes, suppress rigid pipe noise transmitted, accommodate reciprocating and flexing movement, operate effectively under high pressures and adjust or correct for misalignment. Stainless steel corrugated hose is a general purpose industrial hose. The corrugated hose is manufactured from a cylindrical, thin walled tube formed from rolled strip and welded at the seam. Impressed into this tube is a corrugated annular profile. Annular corrugation means each convolution is perpendicular to the centre line of the hose giving a distinct advantage of movement with each corrugation being relatively independent of movement from each other. When the corrugations are closely spaced, the hose is referred to as ‘closed pitch’ hose. Conversely, when the corrugations are more widely spaced, the hose is referred to as ‘open pitch’. The industrial hose market is forecast to reach $14.81 billion by 2023 from $10.67 billion in 2017 at a CAGR of 5.6% during (2017-2023) driven by increasing infrastructure-related developments and growing demand for robust industrial hoses. The major players in the industrial hose market are Eaton (Ireland), PARKER (US), Gates (US), RYCO Hydraulics (Australia), Transfer Oil (Italy), Colex International Limited (UK), Kurt Manufacturing (US), NORRES Schlauchtechnik (Germany), PIRANHA HOSE PRODUCTS (US), Polyhose (India), Semperflex (Austria), United Flexible (US), UNAFLEX Industrial Products (US), Hose Master (US), Salem-Republic Rubber (US), Trelleborg (France), Terraflex (Israel), Kanaflex (US), Merlett Tecnoplastic (Italy), Pacific Echo (US), Suttner America (US), and Sun-Flow (US). The industrial hose market in APAC is expected to grow at the highest CAGR between 2017 and 2023. APAC is expected to witness rapid growth in the industrial hose market in the near future owing to rapid urbanization, increasing demand for automobiles, modernization of agricultural processes, and increasing demand for robust hoses from agriculture, infrastructure, and automobile industries. Moreover, high population density and growing per capita income of this region, along with large-scale industrialization and urbanization, are driving the growth of the industrial hose market in APAC.
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Glass Manufacturing (Security Glass, Window Glass, Glass Basin & Elevation Glass)

Security Glass Security glass was invented to provide maximum protection against deliberate attack. The security glass was designed to protect people and their property against vandalism or thieves. Glass panels may protect against any impact, falling objects as well as noise and fire. The security glass is considered to be safe, if its production method or combining processes allow to limit damages caused by hits, deformations or fire. Security glass offers protection against aggression and can act as an important deterrent against vandalism and infraction. The growing need of security in every sphere has marked the growth of bulletproof security glass market. It is finding its way in various applications like armoured cash truck, ATM booths, premium vehicles, banks, and others. While a majority areas of developed regions demand bulletproof security glass in as many applications as possible, developing economies are also witnessing significantly growing demand following the increasing need for reliable security. The global bulletproof security glass market accounted for US$ 4.24 Bn in 2017, and is expanding at a CAGR of 11.3% from 2018 to 2026. The bulletproof glass market is mainly driven by growing demand of global automotive industry. This coupled with growing demand from tech savvy consumers for various value added automobile products is also propelling the growth of bullet proof security glass market in the automobile segment during the forecast period. Elevation Glass These elevation glass & sheet is well inspected on each section for delivering its flawless range. Applicable in houses, offices, hotels and restaurants, offered cladding is highly appreciated for enhancing the look of premises. These elevators are ideally installed at malls, corporate towers; shopping complexes and other places. These are highly demanded in national as well as international market due to its features such as elegant designs, long service life, durability and low maintenance. Glass Market: The construction and automotive industries are the most important consuming sectors: almost 80 million square feet of land in India is earmarked for shopping malls. Nowadays, taking climate, safety, sound attenuation, energy conservation and aesthetics into consideration, builders are opting for more glass in their construction. The glass revolution is also taking place in the automotive industry which is predicted to grow following an 8% cut in excise duty on vehicles and the easy availability of flexible automobile loans. The glass industry is a continuously growing one. Growth in global glass market is significantly dependent on the growth of building construction sector, automobiles manufacturing and the food and beverage industry. Glass is one of the most widely used end user products in daily households.
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Corrugated Sheet Paper Mill Board

Corrugated paper sheets come in a variety of fun colors and can be used in many crafting and art projects, such as Christmas ornaments, cardboard wall art, or a whimsical accessory for child’s Halloween costume. Corrugated sheet and one or two flat linerboards it is made on "flute lamination machines" or "corrugators" and is used in the manufacture of shipping containers and corrugated boxes. The corrugated sheets are widely used in designing of corrugated boxes, folders and cartons. These sheets are generally made of different types of papers, paper boards and other materials. Due to superior load bearing strength, the corrugated sheet boxes are preferred by the manufacturers of electrical appliances, utensils and sanitary ware. Corrugated sheets are composite structure made by plain paper and fluted paper. The fluting is responsible for providing extra strength as well as cushioning. Corrugated sheets are mainly manufactured to make Boxes.
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Garlic Flakes, Paste & Powder

Garlic Flakes are small, dehydrated pieces of garlic. The pieces are larger than in Garlic Powder or Garlic Granules. And, it’s a more expensive product than Garlic Salt, as it’s not diluted with salt. Typical dishes in which they are used include soups, stews, sauces, meat loaves, and casseroles. Garlic Flakes don’t work in items such as an oil and vinegar salad dressing: a dressing has the liquid, but doesn’t have the cooking. These are available in the various sizes and are known for their tangy taste and strong Flavors. These dried ginger flakes are widely appreciated in the market due to its medicinal use as carminative and stimulant. These gingers are processed and packed in hygienic and moisture free packaging. The Global Market for Dehydrated Garlic Flakes to 2023 offers detailed coverage of guanidine Dehydrated Garlic Flakes industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading Dehydrated Garlic Flakes producers to provide exhaustive coverage of the guanidine carbonate. Garlic Paste is one of the essential ingredients in Indian cuisines. It is added to almost all of the Non-vegetarian preparations and a few vegetarian dishes in Hyderabadi cuisine. Ginger and Garlic Paste is mainly used as a condiment in various food preparation. Additionally, it dominates the cooking paste market. Ginger Paste is mainly used as a condiment in various food preparation and also serves as a carminative and gastric stimulant in many medicine preparations. As a condiment, it is used for flavoring mayonnaise and Tomato Ketchupsauce, Salads, meat sausages, chutney, pickles, Biryani, Fried Rice etc. As Indian people are the main consumer for this product, it has the vast market throughout India. These days, working people and young age group prefer to have instant foods, flavored and spicy foodstuffs and instant mixes. Being an essential culinary ingredient, garlic paste is consumed on a daily basis in every Indian household. The cooking-paste market is growing at 35% every year. The reason behind it, the cooking paste segment is now catering to working women professionals who are pressed for time and not just housewives. Basically, this type of paste helps to save time for cooking foods on regular basis. Apart from the domestic use, the hotels, restaurants and different eatery centers use this paste on regular basis. Basically, the value-added items ensure better revenue. Hence, starting a garlic paste making business is a profitable opportunity for the young startup community. Garlic Powder is an important ingredient of Indian cooking. It is being used for over hundred years as a condiment. It helps in absorption and digestion of food has anathematic and antiseptic properties and is thus used in several medicinal preparations. Garlic powder is a hygienically prepared product. It is easy and convenient to use and is liberally utilized in Indian food preparations be it vegetarian or non-veg.
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Small Hotel/Motel with Party Room, Restaurant, Fast Food Parlour & Banquet

A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a refrigerator and other kitchen facilities, upholstered chairs, a flat screen television, and en-suite bathrooms. Small, lower-priced hotels may offer only the most basic guest services and facilities. Larger, higher-priced hotels may provide additional guest facilities such as a swimming pool, business center (with computers, printers, and other office equipment), childcare, conference and event facilities, tennis or basketball courts, gymnasium, restaurants, day spa, and social function services. Hotels and motels can also be segmented by room price rates. The establishments with room rates in the highest 30 percentile that are located in local or metropolitan markets are classified as upscale or luxury. The middle 30 percentile is classified as mid-priced, and the lowest 40 percentile as either economy or budget. Restaurant In Western countries, most mid- to high-range restaurants serve alcoholic beverages such as beer and wine. Some restaurants serve all the major meals, such as breakfast, lunch, and dinner (e.g., major fast food chains, diners, hotel restaurants, and airport restaurants). Other restaurants may only serve a single meal (e.g., a pancake house may only serve breakfast) or they may serve two meals (e.g., lunch and dinner). Restaurant! It is a most popular name in the present world. Many people do not have their meal in their home, they always take meal and food from restaurant. Restaurant is a public place, which opens to all for selling food and beverage to any person and peoples. In the restaurant industry, supply simply refers to the number of restaurants in a particular market, whether that market is national, regional or local. The global restaurant market is expected to grow substantially owing to the rise in the number of breakfast restaurants in response to the increasing consumer demand. Fast food and on-the-go menu items are also expected to fuel demand over the coming years. Although the industry does not face any restrictions, there could be challenges in obtaining a return on investment if not strategically performed. The Indian restaurant industry is worth Rs.75, 000 crores and is growing at an annual rate of 7%. The industry is highly fragmented with 1.5 million eating outlets, of which a little more than 3,000 outlets form the organized segment. However, the organized segment is rapidly growing at an annual rate of 16%. Quick service segment is the clear winner in the eating out market with a growth rate of 21%. Banquet Hall Banquet is a place where many guest having their Food and Beverage together. You can say Banquet is a proper place of party. Thousands of peoples have their Food and Beverage as well as Lunch or Dinner in Banquet Hall. Banquet hall is convenient place for setting up your events, the decorations and the food caterers. Banquet halls are within the reach of almost every strata of people. Moreover, the style of functioning of these banquet halls suits every Indian as well as foreigners. This is, thus, becoming a means for bringing people together and closer. This business truly deserves all supports. A banquet hall is like a boon to those who do not have the required facilities available to celebrate certain ceremonies/functions. It is economical and more favourable than five star hotels and at the same time requires quite a moderate sum to set up the business. The growing popularity of the system is a credential in itself that the future of this industry is quite bright.
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • 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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About NIIR PROJECT CONSULTANCY SERVICES

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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

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

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

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