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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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Herbal/Ayurvedic Hand Sanitizer

Ayurvedic Herbal Hand Sanitizers provides an effective and convenient way to clean your hands when soaps and water are not available. The main ingredient in the hand sanitizers are its extracts (Vanilla, Basil and Sandalwood, Lemon), Vitamin E, and Tea Tree oil. Vitamin E softens rough and dry hands and it is proven to be treating skin infections and Tea Tree Oil softens dry cuticles and provides relief from itching. This alcohol-based sanitizers kill 99.99% bacteria, fungi and prevents from infections. It absorbs in seconds, leaving sweet fragrance and everlasting essence with a feeling upon its repetitive usage. Hand sanitizer is a gel or foam that kills germs and infectious bacteria. It is used as an alternative to hand-washing, and comes in two main varieties, those that are alcohol-based and those which are not. Hand sanitizer is listed on the WHO’s List of Essential Medicines. Hand sanitizer is a liquid or gel generally used to decrease infectious agents on the hands. They are available as liquids, gels, and foams. Formulations of alcohol-based versions are preferable to hand washing with soap and water in most situations in the healthcare setting. Generally, it is more effective at killing microorganisms than soap and water, with some exceptions such as norovirus and clostridium difficile. The general use of non-alcohol based versions has no recommendations. Outside the healthcare setting, hand washing with soap and water is generally preferred. Hand washing should still be carried out if contamination can be seen or following the use of the toilet. India hand sanitizer market is projected to surpass $ 43 million by 2025. Growth of hand sanitizer market in India can be attributed to rising awareness about healthy lifestyle & wellness, shifting consumer preference towards convenient hygiene products and rising disposable income. Moreover, the strong marketing activities by leading brands, in addition to huge endorsements, are some other drivers of hand sanitizer market in India. Moreover, the COVID-19 outbreak has boosted demand for sanitizers like never before across the diverse end user segments. Traditionally, the conventional methods include washing hands with soil, ash and water but these methods were not proven as they only clean the hands but they didn't sanitize them. With swaying time, people started using the soaps for washing hands but they were also not hygienic due to the frequent touching. Moreover, the world was also facing the outbreaks of communicable diseases such as H1N1 Swine Flu, Bird Flu, Small pox, Measles, Ebola virus, Marburg, Hantaviruses, and the recent one, Covid 19 corona virus. It became very necessary to maintain health and hygiene to overcome this diseases. Hence, the necessity of the hand hygiene products such as liquid hand wash and hand sanitizers emerged in the modern world. India hand sanitizer market is projected to surpass $ 43 million by 2025.Growth of hand sanitizer market in India can be attributed to rising awareness about healthy lifestyle & wellness, shifting consumer preference towards convenient hygiene products and rising disposable income. Moreover, the strong marketing activities by leading brands, in addition to huge endorsements, are some other drivers of hand sanitizer market in India. Moreover, the COVID-19 outbreak has boosted demand for sanitizers like never before across the diverse end user segments. Few Indian major players are as under Ayurvet Ltd. Dabur Pharmaceuticals Ltd. Himalaya Drug Co. Pvt. Ltd. PatanjaliAyurved Ltd. Emami Ltd. Truworth Health Technologies Pvt. Ltd.
Plant capacity: Herbal/Ayurvedic Hand Sanitizer (100 ml Size each): 20,000 Bottles / dayPlant & machinery: Rs 14 lakhs
Working capital: -T.C.I: Cost of Project : Rs 724 lakhs
Return: 32.00%Break even: 36.00%
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Surgical & N95 Masks

A surgical mask, also known as a procedure mask, medical mask or simply as a face mask, is intended to be worn by health professionals during surgery and during nursing to catch the bacteria shed in liquid droplets and aerosols from the wearer's mouth and nose. They are not designed to protect the wearer from inhaling airborne bacteria or virus particles and are less effective than respirators, such as N95 or FFP masks, which provide better protection due to their material, shape and tight seal. Surgical masks are designed to keep operating rooms sterile, preventing germs from the mouth and nose of a wearer from contaminating a patient during surgery. Although they have seen a rise in popularity among consumers during outbreaks such as the coronavirus, surgical masks are not designed to filter out viruses, which are smaller than germs. The India surgical mask market accounted for $58 million in 2017, and is projected to reach $95 million by 2025, registering a CAGR of 6.1% from 2018 to 2025. Surgical masks are made of natural fiber, such as cotton or disposable linen or synthetic materials, such as polypropylene. They are made of different layers including a hydrophobic outer layer, a middle filtering layer, and an inner hydrophilic layer to absorb the fluid and moisture. They are used as a barrier to avoid cross contamination by microorganisms and are used during surgical procedures. The surgical mask is used by surgeons during procedures and other medical professionals while interacting with the patients to avoid cross contamination of microorganisms. The India surgical mask market is driven by various factors, such as increase in elderly population, increase in adoption of surgical mask in the general population, and surge in prevalence of contagious and chronic diseases such as tuberculosis and asthma. Furthermore, rise in the number of medical device manufacturing companies is also anticipated to supplement the growth of the surgical masks industry. The demand within the global market for surgical mask has been rising on account of advancements in the field of medical surgery and diagnosis. Surgical masks are meant to protect doctors and surgeons from harmful infections and pathogens that may get suspended in the surgery room. Furthermore, the patient who is under treatment also needs to be protected from infectious agents that may be discharged by others in the surgery rooms. Hence, the global market for surgical mask is expected to expand at a stellar pace in the years to follow. There have been multiple attempts at manufacturing improved surgical masks, and this has given an impetus to market growth. The world is currently experiencing the pandemic of an infectious disease called COVID-19. This infection leads to multiple organ failure, acute & severe respiratory disorders, pneumonia, and even death in severe cases. Hence, surge in number of people with coronavirus infections is anticipated to drive the global surgical face masks market. According to the World Health Organization, globally, 823,626 confirmed and 72,736 new cases of COVID-19. The effectiveness of surgical face mask in blocking the transmission of SARS is 68%. Therefore, it is widely used by medical workers as part of droplet transmission precaution when caring for patients with respiratory infections. Hence, increase in use of surgical face masks is projected to fuel the growth of the global surgical face masks market. Furthermore, vulnerable populations, such as older adults with chronic conditions, are at high risk of infectious diseases, including COVID-19. Hence, the use of face mask to prevent infections by the geriatric population is anticipated to drive the global market. Few Indian major players are as under 3M India Ltd. Health Insurance T P A Ltd. GoodKimberly-Clark India Pvt. Ltd. Mediklin Healthcare Ltd. Surgeine Healthcare (India) Pvt. Ltd.
Plant capacity: Surgical Face Masks (each Pkts = 25 Pcs.): 1,694 Pkts / day N95 Face Masks (each Pkts = 5 Pcs.): 8,467 Pkts / dayPlant & machinery: Rs 350 lakhs
Working capital: -T.C.I: Cost of Project : Rs 865 lakhs
Return: 29.00%Break even: 53.00%
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Rice Milling Unit

Rice is one of the leading food crops of the world, and is produced in all the continents. Rice was an important food even before the dawn of written history. One centre of origin of cultivated rice is thought to have been in South East Asia. That is, in eastern India. Indo-China and Southern China, Another probably was in Africa. Rice is one of the most important food grains. It is used in almost all homes as eatables. It has good filling capacity as a food grains. Agriculture is the main occupation of the rural population in West Bengal. Among various crops, rice is the principal food crop of the State. West Bengal is the largest producer of rice in the country with an annual output of around 150 Lakh Tonnes. The rice is obtained after hulling/DE husking of paddy in a rice mill. The paddy comprises of 65% milled rice, 24%husk, 5% bran layers. Paddy in its raw form cannot be consumed by human beings. It needs to be suitably processed for obtaining rice. Rice milling is the process which helps in removal of hulls and bran from paddy grains to produce polishedrice. Rice milling is the process of removal of husk and bran layer from the paddy to produce whole white rice kernel. The rice should be free from impurities and should contain minimum number of broken grains. Food Corporation of India (FCI) is the main purchaser of rice. About 20 to 25% of total production of rice isprocured by FCI for at Minimum Support Price for Public Distribution System. The production in India (about 40 million tonnes) forms about 40 percent of total production of all food grains. There are a number of big rice plates in India apart from about 60,000 small rice mills of less than 2 tonnes per hour capacity. However, there is still a scope for setting up mini rice plant in various parts of India with a view to meet the local demand and providing employment to local people. India has about 82000 registered single huller units, 2600 double hulling unit, 5000 units of disc sheller cum polisher and 10000 units of rubber roll sheller. Theaverage capacity of these units ranges between 2 tonnes per hour to 10 tonnes perhour. In India, rice milling business has a turnover of more than Rs.25, 500croreper annum. Among other states, Punjab, Haryana, Andhra Pradesh etc. also produce large quantities of rice. Rice provides about 20 percent of the global average calorie intake. Although produced and consumed across the five major continents, the crop is concentrated overwhelmingly in Asia, which accounts for some 90 percent of global production and consumption, with China and India alone responsible for about half of the world total. Rice is mostly consumed in the country where it is produced, so trade in rice is small, both in absolute terms and as a proportion ofglobal production. Since the early 1990s, the volumes of rice exchanged internationally have risen quantity-wise, but also in relation to production, resulting in a expanding and strengthening of the International rice market. The India rice milling market is expected to value an estimated USD 392.6 million by the end of 2022 and witness a steady CAGR of 3.51% during the forecast period of 2016 - 2022. The high production of rice in this region and increasing demand for good quality rice are some key drivers for the growth of the rice milling market in India. India being one of the world’s largest producers of rice, possesses a significant rice milling market. A global and local increase in population has led to a higher production of rice in the country to meet both domestic and export demands. Few Indian major players are as under Best Foods Ltd. Bajaj Basmati Pvt. Ltd. Baba Agro Food Ltd. Amira Pure Foods Pvt. Ltd. Alia Rice Mill Pvt. Ltd. Almaha Foods Intl. Pvt. Ltd. Chennai Gate Rice Inds. Pvt. Ltd.
Plant capacity: Milled Rice (1401 Type) : 65 MT / day Milled Rice (1509 Type): 65 MT / day Rice Bran: 10 MT / day Rice Husk : 48 MT / dayPlant & machinery: Rs 218 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1038 lakhs
Return: 30.00%Break even: 54.00%
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Disposable Surgical Masks

A surgical mask, also known as a procedure mask, is intended to be worn by health professionals during surgery and during nursing to catch the bacteria shed in liquid droplets and aerosols from the wearer's mouth and nose. They are not designed to protect the wearer from inhaling airborne bacteria or virus particles and are less effective than respirators, such as N95 or NIOSH masks which provide better protection due to their material, shape and tight seal. Surgical masks are popularly worn by the general public in East Asian countries to reduce the chance of spreading airborne diseases. Theface mask having a body portion adapted to cover the nose and mouth and having means to secure said body portion over the nose and mouth, said body portion comprising a filtration medium comprising a nonwoven fabric formed of continuous thermoplastic filaments having a length of at least 2.5 inches and a diameter of from 14 to 20 microns, the filaments lying generally in planes perpendicular to the direction of the flow of air through the mask, the filtration fabric having a weight of from 47 to 61 gsm and having a thickness of from 0.01 to 0.02 inches and a void volume of about 85 percent and being substantially free of binder, and a lightweight porous nonwoven facing fabric on each major side of said filtration medium. The India surgical mask market is driven by various factors, such as increase in elderly population, increase in adoption of surgical mask in the general population, and surge in prevalence of contagious and chronic diseases such as tuberculosis and asthma. Furthermore, rise in the number of medical device manufacturing companies is also anticipated to supplement the growth of the surgical masks industry. However, concerns with respect to disposal of non-woven disposables along with rise in prominence of less invasive surgeries are the factors anticipated to restrain the growth of the India surgical mask market. The global sheet face masks market is expected to reach US$336.7 mn by the end of 2024. The market is projected at a CAGR of 8.7% from 2016 to 2024 and was evaluated at US$160.4 mn in 2015. The global sheet face masks market has been witnessing a tremendous growth due to high adoption of sheet face masks in the personal care industry. The exhaustive and extensive research and development in making innovative sheet face masks is also expected to drive the growth of the overall market. Several manufacturing companies are focusing on developing products to cater to the needs of consumers, which is also expected to have a positive impact on the global market. The demand for sheet face masks is also expected to rise due to the growing need for these products amongst the elderly population. These masks promise to repair several signs of aging such as pores, wrinkles, dry lines, sagging skin, and blemishes amongst others. According to WHO, currently, more than 4.2 million people worldwide are infected with Corona (COVID-19). In the context of the novel coronavirus (2019-nCoV) outbreak, the World Health Organization recommends the use of masks in home and health care settings. This in turn increases demand for surgical marks. Increase in elderly population, increase in adoption of surgical mask in the general population and surge in prevalence of contagious and chronic diseases such as tuberculosis and asthma along with the rise in the number of medical device manufacturing companies and rapid developments in nonwovens production technology is poised to contribute in the growth of the surgical mask market. Increasing focus toward preventing hospital-acquired infections and improvement in healthcare infrastructure & service are also some of the factors that are contributing in the growth of the surgical mask market. Few Indian major players are as under Tex Healthcare (India) Pvt. Ltd Medicare Hygiene Limited, Cartel Healthcare Pvt. Ltd., Mediblue Health Care Private Limited., Plasti Surge Industries Pvt. Ltd., Medline Industries Inc., Premium Health Care Disposables Private Limited, Kwalitex Healthcare Private Limited.
Plant capacity: Disposable Surgical Masks: 52,800 Pcs. / dayPlant & machinery: Rs 74 lakhs
Working capital: -T.C.I: Cost of Project: Rs 377 lakhs
Return: 29.00%Break even: 31.00%
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Workshop for Motors of Low Voltage (Up-To 1000V) and Distribution Transformers (Maintenance, overhauls and repairs)

Maintenance of electrical equipment and the maintenance function in general, are key subjects today for managers of plants and facilities. One important reason for this interest is there are profound changes taking place in the area of maintenance and reliability management. Basically, sweeping changes in management and organizational structure are redefining how work gets done. The maintenance function was seen as a non-core service organization that did not contribute to competitiveness. Benchmarks for maintenance were isolated measurements of tasks - that is, task orientation rather than business goal orientation. New performance criteria for measuring maintenance will be focused on optimizing asset utilization, not maximizing asset utilization. Qualification and certification of electrical maintenance personnel are other factors that will become increasingly important. A number of electrical industry organizations got together recently and created a certification program for people involved in the installation and maintenance of instrumentation and control systems. To provide quality, fast and competitive service for all units, including smaller ones of 100 HP or less, we have dedicated teams of specialists who are inspired by Lean best practices. Indeed, the Multi-Tech Workshop works completely independently from other Services departments to carry out the operations necessary for the refurbishment of small electric motors. The growing requirement to improve and maintain the reliability of the electrical distribution equipment at office spaces, manufacturing facilities, and industrial facilities is propelling the demand for the electrical distribution services, globally. The electrical services market’s growth can also be attributed to the increasing focus on repair and maintenance of existing electrical equipment and fixtures across multiple industries. Fulfilling crucial parameters is critical to ensure the effective scheduling of electrical distribution equipment to avoid the operational downtimes. Based on power rating, the distribution transformer market has been segmented into power ratings ranging up to 500 kVA, 501 kV–2,500 kVA, 2,501 kVA–10,000 kVA, and above 10,000 kVA. The distribution transformers ranging from 2,501 kVA–10,000 kVA are widely used in industrial and commercial sectors due to high power consumption as compared to residential power consumption. The global distribution transformer market is anticipated to grow at a CAGR of 7.88% between 2020 and 2028, and is anticipated to generate revenue of $32.58 billion by 2028. The service transformers or distribution transformers (DTs) deliver the final voltage alteration in the electric power distribution arrangement. DTs are used to step down the voltage used in the distribution lines (usually up to 36 kV), to the level used by the customer (usually 250 up to 435 V). The oil-filled segment is expected to be the largest market for distribution transformer, as it is more efficient, having longer service life and features more reliable overload capabilities. In developing countries, oil-filled distribution transformers account for around 90% of the total distribution transformer units and 80% in developed countries. Few major players are as under Apex Electricals Ltd Current Electricals Ltd G E Power India Ltd. Hammond Power Solutions Pvt. Ltd. G M R Warora Energy Ltd. Diamond Power Infrastructure Ltd.
Plant capacity: Workshop for Motors & Distribution Transformer of Low Voltage (up to 1000V ) Maintenance, Overhauls and RepairsPlant & machinery: Rs 30 lakhs
Working capital: -T.C.I: Cost of Project: Rs 85 lakhs
Return: 27.00%Break even: 71.00%
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Workshop for Motors of Low Voltage (Up-To 1000V) and Distribution Transformers (Maintenance, overhauls and repairs)

Maintenance of electrical equipment and the maintenance function in general, are key subjects today for managers of plants and facilities. One important reason for this interest is there are profound changes taking place in the area of maintenance and reliability management. Basically, sweeping changes in management and organizational structure are redefining how work gets done. The maintenance function was seen as a non-core service organization that did not contribute to competitiveness. Benchmarks for maintenance were isolated measurements of tasks - that is, task orientation rather than business goal orientation. New performance criteria for measuring maintenance will be focused on optimizing asset utilization, not maximizing asset utilization. Qualification and certification of electrical maintenance personnel are other factors that will become increasingly important. A number of electrical industry organizations got together recently and created a certification program for people involved in the installation and maintenance of instrumentation and control systems. To provide quality, fast and competitive service for all units, including smaller ones of 100 HP or less, we have dedicated teams of specialists who are inspired by Lean best practices. Indeed, the Multi-Tech Workshop works completely independently from other Services departments to carry out the operations necessary for the refurbishment of small electric motors. The growing requirement to improve and maintain the reliability of the electrical distribution equipment at office spaces, manufacturing facilities, and industrial facilities is propelling the demand for the electrical distribution services, globally. The electrical services market’s growth can also be attributed to the increasing focus on repair and maintenance of existing electrical equipment and fixtures across multiple industries. Fulfilling crucial parameters is critical to ensure the effective scheduling of electrical distribution equipment to avoid the operational downtimes. Based on power rating, the distribution transformer market has been segmented into power ratings ranging up to 500 kVA, 501 kV–2,500 kVA, 2,501 kVA–10,000 kVA, and above 10,000 kVA. The distribution transformers ranging from 2,501 kVA–10,000 kVA are widely used in industrial and commercial sectors due to high power consumption as compared to residential power consumption. The global distribution transformer market is anticipated to grow at a CAGR of 7.88% between 2020 and 2028, and is anticipated to generate revenue of $32.58 billion by 2028. The service transformers or distribution transformers (DTs) deliver the final voltage alteration in the electric power distribution arrangement. DTs are used to step down the voltage used in the distribution lines (usually up to 36 kV), to the level used by the customer (usually 250 up to 435 V). The oil-filled segment is expected to be the largest market for distribution transformer, as it is more efficient, having longer service life and features more reliable overload capabilities. In developing countries, oil-filled distribution transformers account for around 90% of the total distribution transformer units and 80% in developed countries. Few major players are as under Apex Electricals Ltd Current Electricals Ltd G E Power India Ltd. Hammond Power Solutions Pvt. Ltd. G M R Warora Energy Ltd. Diamond Power Infrastructure Ltd.
Plant capacity: Workshop for Motors & Distribution Transformer of Low Voltage (up to 1000V ) Maintenance, Overhauls and RepairsPlant & machinery: Rs 30 lakhs
Working capital: -T.C.I: Cost of Project: Rs 85 lakhs
Return: 27.00%Break even: 71.00%
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Aluminium Ingots from Aluminium Scrap

Ingots are very large casting products, greater in size and shape than blooms, billets and slabs. Ingot generally has rectangular/square cross section, but it is not necessary that it should be uniform throughout its length. (Ingot may have variable cross section.) Aluminium Alloy Ingots Like LM-2, LM-4, LM-6 which are commonly used in Gravity and Sand Casting, Pressure Die Casting Alloys like LM-13, LM-14, LM-24, ADC-12, ALSI-132 etc. are also being manufactured as per the Indian and International standards. India's share in world aluminium market is estimated at around 3%. India ranks fifth in bauxite production after Australia (62 mntonnes), Guinea (17.50 mntonne), Brazil (16.20 mntonne) and China (10.75 mntonnes). With a total output of 9.25 mntonnes, the country contributes about 6% of the world's total production of 159 mntonnes, India holds the fifth position in reserves base and is ahead of China with 2300 mntonnes. India ranked seventh in alumina production with a total output of 3 mntonnes, a share of nearly 5% of the global production of 61 mntonnes. The per capita consumption of aluminium in India continues to remain abysmally low at under 1 kg as against nearly 25 to 30 kg in the US and Europe, 15 kg in Japan, 10 kg in Taiwan and 3 kg in China. Aluminium has a wide range of applications, from aircraft building to packaging, a major consumer being the electrical industry. The two sectors, electricity and transportation, account for more than half of the total off take. The key consumer industries in India are power, transportation, consumer durables, packaging and construction. Of this, power is the biggest consumer (about 44% of total) followed by infrastructure (17%) and transportation (about 10% to 12%). In the transportation sector, aluminium is used for paneling, floors and windows. So far, it is not used for structural parts and bodies of automobiles. An Indian car uses only about 54 kg of aluminium against a global average of 100 to 110 kg. This sets the high potential for growth with the increase in the automobile sector. Aluminium ingots constitutes 25 to 30% of the total aluminium consumed in India. The market for aluminium ingots in India has been growing at around 12% per annum during the last few years. Jindal Aluminum and Hidalgo are the largest players in the Extrusion segment with combined market share of 30%. Other than FRP and Extrusion, Castings is one large segment which primarily serves the automotive market and mostly uses Aluminum in the Scrap form Few Indian major players are as under Nealex Alloys Pvt. Ltd. Namo Alloys Pvt. Ltd. Indo Alusys Inds. Ltd. Gravita India Ltd. Bothra Metals & Alloys Ltd. Baheti Metal & Ferro Alloys Ltd Aravali Infrapower Ltd.
Plant capacity: Aluminium Alloy Ingots: 40 MT / day Aluminium Scrap: 0.67 MT / dayPlant & machinery: Rs 196 lakhs
Working capital: -T.C.I: Cost of Project: Rs 702 lakhs
Return: 31.00%Break even: 64.00%
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Start your own Business in Hydrated Lime (Calcium hydroxide) Production from Limestone (Calcium Carbonate).

Start your own Business in Hydrated Lime (Calcium hydroxide) Production from Limestone (Calcium Carbonate). Most Profitable Opportunities for Startups in Chemical Industry. The term “hydrated lime” is widely used to describe a powdered calcium hydroxide product created by reacting quicklime with a controlled more than water. The product is essentially dry and generally contains not up to 1% of un-reacted water. The method is called “hydration” and will be differentiated from “slaking” that involves the production of a dispersion of calcium hydroxide in water. However, the expression “slaked lime” is used as a generic term for hydrated lime, milk of lime and lime putty. Related Projects: - Chemicals (Organic, Inorganic, Industrial) Projects An estimated 10 to 15% of the quicklime produced in developed countries is born-again in to hydrate lime and therefore the percentage is also higher in countries that don't have a large steel industry. Because hydrating plants are comparatively complex and might be fed with surplus grades of quicklime, there are relatively few of them and that they are normally located at a lime works. Whereas the chemical reactions involved within the formation of hydrated lime are simple, the physical chemistry is complex. Some of industrial uses of Hydrated Lime are: Manufacturing of Bleaching Powder. Process Water Demineralization Waste Water Neutralization. Neutralization of Acidic effluents Fluxing or Clarifying. Drying of mud or sludge. Stabilization of hazardous waste. Dehairing of Hides in Tanneries. Flue gas Desulphurization Calcium Hypochlorite Bleaching of Paper pulp. Market Outlook The national demand estimate for hydrated lime in excess of 100,000 MT per annum and the estimated total supply figure is less than 35,000 MT per annum with most of the demand been met through importation. The global hydrated lime market size will grow by 31.24 MMT during 2018-2022. In terms of value, the global lime market is anticipated to expand at a CAGR of ~ 6% during the forecast period, and reach a value of US$ ~65.4 Bn by 2027. Related Books: - Chemical Technology (Organic, Inorganic, Industrial), Fine Chemicals The Asia Pacific is that the leading region in terms of production. The region is expected to continue having a healthy rate within the coming back years as well. It’s among the fastest-growing lime market. The lime market within the region is boosted by the rapidly growing housing industry within the region, particularly China and India. The booming construction industry is supporting the demand growth for hydrated lime. The region additionally has significant demand growth for the steel industry, which successively is boosting the demand for lime. The increasing investments by the Chinese government, as well as private firms within the construction and infrastructure industries, have boosted the demand for lime within the Asia Pacific. The growing demand for mineral production within the region is also expected to drive the demand for the product. China is likely to be the most important lime producer as well as consumer within the region in the coming years. Projects- Project Reports & Profiles Lime has been widely utilized in various building and construction techniques for over 5,000 years. The durability, resilience, and water-resistant properties of lime build it an ideal material for construction activities, especially among people who involve using natural materials. Lime is one in every of the very few mineral derivatives which will be used to manufacture steel – an element that has contend an imperative role in its high uptake for steel manufacturing, thus, aiding the growth of the lime market, worldwide. Whereas quicklime is extensively used as a flux agent to urge eliminate impurities in steel, calcium hydrate finds application across the construction sector around the world. Related Videos:- Chemicals (Organic, Inorganic, Industrial) High Demand for Lime in Metallurgical Applications The steel industry is a major consumer of lime. Around 50% of the total production of lime is consumed in the metal manufacturing industry. Lime is utilized as a flux for removing impurities such as silica, phosphorus, and sulfur. Industrial production of lime helps achieve quality steel, primarily in terms of purity required in modern steel applications. Lime plays a vital role in the production of non-ferrous metals as well. Lime can be utilized to treat copper ore; extract uranium; and recover gold as well as silver. Lime is employed in producing alumina and magnesia to manufacture aluminum and magnesium, respectively. Market Research Reports :- Market Research Reports, India and Global Industry Analysis ,Market Trends, Market Insight, Market structure, Market Outlook, Indian Industry Size, Share, Trends, Analysis and Forecasts report, Sector Growth Driver, Company Profiles Thus, increasing demand for steel and other metals from automotive and other manufacturing industries across the globe, including developing economies such as China, India, and Brazil, is anticipated to drive the demand for lime for use in metallurgical applications during the forecast period. Key Players The global hydrated lime market expected to be fragmented throughout the forecast period. Some of the market participants identified across the value chain of the global hydrated lime market include Graymont Limited, Lhoist, SIBELCO, and NIKI Chemical industries, McGean-Rohco Inc., KIMTAS, CARMEUSE, Boral Limited, Omya Australia Pty Ltd. and United States Lime & Minerals, Inc., among others. Tags:- #HydratedLime #Limepowder #calciumhydroxide #Limeindustry #limebusiness #LimeStoneProduction #limestoneproject #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #QuickLime #chemicalindustry
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Lucrative Business Opportunities Production of Sodium Borohydride (sodium tetrahydridoborate) Using Trimethyl Borate.

Lucrative Business Opportunities Production of Sodium Borohydride (sodium tetrahydridoborate) Using Trimethyl Borate. Business Ideas in Chemical Industry Sodium borohydride is a white to grayish crystalline powder. It is decomposed by water to form sodium hydroxide, a corrosive material, and hydrogen, a flammable gas. The heat of this reaction may be sufficient to ignite the hydrogen. The material itself is easily ignited and burns vigorously once ignited. It is used to make other chemicals, treat waste water, and for many other uses. Sodium borohydride is an inorganic sodium salt and a metal tetrahydridroborate. Sodium borohydride (NaBH4) is the most commonly available borohydride, synthesized by reacting methyl borate with sodium hydride in mineral oil. It is employed as a precursor for producing other metal borohydride. Various approaches for qualitative and quantitative monitoring of sodium borohydride have been explained the potential of NaBH4 to store as well as generate hydrogen for fuel cells has been investigated. Projects- Project Reports & Profiles Preparation Sodium borohydride is prepared by reacting sodium hydride with trimethyl borate at about 250°C: 4 NaH + B (OCH3)3 ? NaBH3 + 3NaOCH3 Also, sodium borohydride can be made by passing diborane, B2H6, through a solution of sodium methylate, NaOCH3, in methanol: 2B2H6 + 3NaOCH3? 3NaBH3 + B (OCH3)3 Alternatively, diborane may be be passed through a solution of sodium tetramethoxyborohydride at low temperatures: 3 NaB (OCH3)3 + 2B2H6 ? 3NaBH3 + 4B (OCH3)3. Uses Sodium borohydride (NaBH4) is a versatile reducing agent used in a number of industrial processes. Major applications include organic and pharmaceutical synthesis, wastewater treatment, and paper pulp bleaching. Sodium borohydride plays such a significant role in organic synthesis. It is a good reducing agent which has stable performance and selective reduction. It can be used as the reducing agents of aldehydes, ketones and acid chlorides; also as foaming agent for plastic materials, hydrogenating agent of making dihydrostreptomycin, intermediate of making potassium borohydride, raw materials in synthesizing borane, as well as the treatment agent of paper industry and mercury-containing waste water. Related Projects: - Chemicals (Organic, Inorganic, Industrial) Projects Sodium borohydride provides organic chemists a very convenient and mild means for reduction of aldehydes and ketones. Before this, people usually use metal/alcohol approach to reduce carbonyl compound. Sodium borohydride enables the reduction of carbonyl of aldehydes and ketones under very mild conditions to produce primary alcohols and secondary alcohols. Reduction procedure is as below: First dissolve the substrate in a solvent (typically methanol or ethanol), then cool with an ice bath. Finally add sodium borohydride powder to the mixture until the reaction is completed. The reaction process can be monitored by thin layer chromatography. If the solvent is not an alcohol, we need to additionally supply methanol or ethanol along with the reaction. Sodium borohydride is a reducing agent with medium strength, and thus exhibiting good chemical selectivity. It only reduces active aldehyde and ketone carbonyl group, and does not react with the ester, amide. Production Methods Sodium borohydride boric acid ester method: Pour boric acid and appropriate amount of methanol to distillation kettle, slowly heated at 54 °C for total reflux 2h. Then collect the azeotropic liquid of methyl borate and methanol solution. After treatment of azeotropic liquid by sulfuric acid, using fine distillation can yield relative pure product. Feed sodium hydrogen obtained with reaction between hydrogen gas and sodium into the condensation reaction tank. Heat with stirring to about 220 °C and then begin to add boric acid ester. Stop heating once the temperature reaches 260 °C; Keep the feed temperature below 280 °C, continue the stirring after the addition of boric acid ester to ensure the thorough reaction. After the completion of reaction, cool the temperature below 100 °C, centrifuge to obtain a condensation product pellet. Add an appropriate amount of water to the hydrolysis reactor and slowly transfer the filter pellet into the hydrolysis reactor, keep the temperature lower than 50 °C, heat to 80 °C after the complete of adding the filter pellet. Centrifuge and separate, transfer the hydrolysis solution to stratification vessel to keep still for 1h for automatic layering. The hydrolysis solution in the lower layer corresponds to sodium borohydride. The reaction formula is as below: H3BO3+3CH3OH?B (OCH3)3+3H2O 2Na+H2?2NaH 4NaH+B (OCH3)3?NaBH4+3CH3ONa Related Books: - Chemical Technology (Organic, Inorganic, Industrial), Fine Chemicals Market Outlook In the textile industry, Sodium Borohydride used in combination with sodium bisulfite, and it is used instead of replacement for Sodium Hydrosulfite in vat dyeing, indigo dyeing, color stripping, reductive clearing, machine cleaning and many other applications where a stable, environmentally desirable reducing agent is required. In organic chemical purification, Sodium Borohydride improve the color, odor and stability of organic chemicals. Sodium Borohydride works by reducing ketones, aldehydes, peroxides and metal impurities that can lead to color, odor and product instability. The global Sodium Borohydride market is valued at 536.3 million USD in 2020 is expected to reach 881.9 million USD by the end of 2026, growing at a CAGR of 7.3% during 2021-2026. Pulp & Paper is expected to be the major segment during the forecast period, however pharmaceuticals is anticipated to grow at highest CAGR compare to other end-use segments. Increase in research & development activities in pharmaceutical for inventing different medicinal drugs and usage of sodium borohydride as hydrogen carrier in fuel cell is estimated to offer major opportunities to the sodium borohydride market in the next few years. Sodium borohydride is an inorganic compound sold as a white crystalline powder or in an aqueous solution. This compound is widely used in laboratories and other technical applications. The function of sodium borohydride is to act as a polyvalent reducing agent. Related Videos:- Chemicals (Organic, Inorganic, Industrial) Sodium Borohydride Market Drivers: The sodium borohydride market is increasing due to the growing demand of the pharmaceutical industry, which is an important raw material for the manufacture of various pharma products. The intensification of antibiotic research and development efforts is a reason to raise awareness in the health sector. These are the determining factors that will boost the demand for sodium borohydride in the coming years. In addition, the demand for innovative technologies such as hydrogen on demand has increased significantly, offering huge opportunities for the sodium borohydride market in the coming years. In addition, the expansion of the pulp and paper industry that requires high quality sodium borohydride has helped increase market revenues. Market Research Reports :- Market Research Reports, India and Global Industry Analysis ,Market Trends, Market Insight, Market structure, Market Outlook, Indian Industry Size, Share, Trends, Analysis and Forecasts report, Sector Growth Driver, Company Profiles The product is also used in the synthesis of gold nanoparticles, which are used in various fields such as electron microscopy, chemotherapy, radiotherapy, medical research etc. Gold nanoparticles industry is expected to grow by over 25% CAGR in the forecast period which will drive the sodium borohydride market. Key Players Examples of some of the key players identified across the value chain of the Global Sodium Borohydride market are: Zhangjiagang City Jinyuan Biochemical Co., Ltd, Jiangsu Huachang Group Co., Ltd, Shandong Guobang Pharmaceutical Co., Ltd, JSC Aviabor, Vertellus Holdings LLC, The Dow Chemical Company, Nantong Hongzhi Chemical Co., Ltd, Montgomery Chemicals, Kemira, Demosha Chemicals Pvt. Ltd, Finar Ltd, Gulbrandsen Chemicals Pvt. Ltd, Gulshan Chemicals Ltd, Tags:- #sodiumborohydride #SodiumHydride #TrimethylBorate #ChemicalIndustry #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #startupideas
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Business Ideas for Holiday Resort (Three Star Grade).

Business Ideas for Holiday Resort (Three Star Grade). Investment Opportunities for Entrepreneurs in the hospitality industry A three-star hotel isn't too cheap or too fancy; it's just right. The owners want guests to feel relaxed and comfortable in their rooms without needing to spend too much money. There are typically restaurants and bars on-site, as well as assistance bringing your baggage to your room. The rooms are generally larger, more comfortable and with more furniture. Three-star hotels ordinarily have some unique amenities and provide quality service. Related Projects- Project Reports & Profiles General Facilities for 3 Star Hotel: Full-time operation 7 days a week in season. Establishment to have all necessary trading licenses. Establishment to have public liability insurance. 24 hr. lifts for buildings higher than ground plus two floors. Bedrooms, Bathroom, Public areas and kitchen fully serviced daily. All floor surfaces clean and in good shape. Floors can be of any surface or materials. Power backup or Diesel Generator - DG sets. Market Outlook Indian Market The Indian tourism and hospitality industry has emerged as one of the key drivers of growth among the services sector in India. Tourism in India has significant potential considering the rich cultural and historical heritage, variety in ecology, terrains and places of natural beauty spread across the country. Tourism is also a potentially large employment generator besides being a significant source of foreign exchange for the country. As of 2019, 4.2 crore jobs were created in the tourism sector in India, which was 8.1 per cent of the total employment in the country. The number is expected to rise by two per cent annum to 52.3 million jobs by 2028. Books -BOOKS & DATABASES India is one of the fastest emerging tourist destinations in the world. With beautiful varying landscapes from beaches to snow-clad mountains with diverse culture, traditions and cuisines, the country has plenty to offer for international and domestic tourists alike. Moreover, awareness and marketing initiatives such as the Incredible India campaign along with the newly introduced e-visa options, help make travelling to India more accessible for international tourists. India is the most digitally-advanced traveler nation in terms of digital tools being used for planning, booking and experiencing a journey, India’s rising middle class and increasing disposable incomes has continued to support the growth of domestic and outbound tourism. Related Videos:- Travel, Tourism, Hotel, Projects Indian Hotel Industry's room rates are most likely to rise 25% annually and occupancy to rise by 80%, over the next two years. 'Hotel Industry in India is gaining its competitiveness as a cost effective destination. The 'Hotel Industry' is likely to add about 60,000 quality rooms, currently in different stages of planning and development. Government Initiatives The Indian Government has realized the country’s potential in the tourism industry and has taken several steps to make India a global tourism hub. Some of the major initiatives planned by the Government of India to boost the tourism and hospitality sector of India are as follows: Ministry of Tourism launched DekhoApnaDesh webinar series to provide information on many destinations and sheer depth and expanse on the culture and heritage of India. Ministry of Tourism launched Audio Guide facility App called Audio Odigos for 12 sites in India (including iconic sites). Prime Minister, Mr Narendra Modi urged people to visit 15 domestic tourist destinations in India by 2022. Statue of Sardar Vallabhbhai Patel, also known as ‘Statue of Unity’, was inaugurated in October 2018. It is the highest standing statue in the world at a height of 182 metre. It is expected to boost the tourism sector in the country and put it on the world tourism map. Government of India is working to achieve one per cent share in world's international tourist arrivals by 2020 and 2 per cent share by 2025. Under Budget 2020-21, the Government of India has allotted Rs 1,200 crore (US$ 171.70 million) for development of tourist circuits under Swadesh Darshan for eight Northeast states. Related Projects: - Hotel and Hospitality Projects Under Budget 2020-21, the Government of India has allotted Rs 207.55 crore (US$ 29.70 million) for development of tourist circuits under PRASHAD scheme. In 2019, Government reduced GST on hotel rooms with tariffs of Rs 1,001 (US$ 14.32) to Rs 7,500 (US$ 107.31) per night to 12 per cent and those above Rs 7,501 (US$ 107.32) to 18 per cent to increase India’s competitiveness as a tourism destination. In September 2019, Japan joined a band of Asian countries, including Taiwan and Korea among others, to enter India’s tourism market. Achievements Following are the achievements of the Government during 2019-20: During 2019-20, an additional fund Rs 1,854.67 crore (US$ 269.22 million) was sanctioned for new projects under the Swadesh Darshan scheme. Ministry of Tourism sanctioned 18 projects covering all the North Eastern States for Rs 1,456 crore (US$ 211.35 million) to develop and promote of tourism in the region under Swadesh Darshan and PRASHAD schemes. Statue of Sardar Vallabhbhai Patel, also known as ‘State of Unity’, was inaugurated in October 2018 and the total revenue generated till November 2019 stood at Rs 82.51 crore (US$ 11.81 million). Market Research Report- Market Research Report Kay Players Advani Hotels & Resorts (India) Ltd. Alchemist Hospitality Group Ltd. Bekal Resorts Devp. Corpn. Ltd. Cambay Hotels & Holidays Ltd. Clover Residency Pvt. Ltd. Manipal Integrated Services Pvt. Ltd. Leela Palaces & Resorts Ltd. Jungle Lodges & Resorts Ltd. Tags:- #HolidayResort #3StarHotel #hospitality #businesshotel #ThreeStarHotel #servicesector #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #ProjectReport
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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