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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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IV Fluids (BFS Technology)

Fluids are given when someone's body fluid volume falls. There are a number of things which can cause a drop in fluid volume. Vomiting and diarrhea are a classic example, which is why people are encouraged to drink fluids when they are sick, to keep their fluid volume stable. Another cause is blood loss, which causes problems both because people lose blood products, and because they experience a loss in fluid volume. Electrolyte levels in the blood can also become unstable as a result of rapid changes in fluid volume, in which case intravenous fluids can be used to restore the balance. Intravenous fluids are fluids which are intended to be administered to a patient intravenously, directly through the circulatory system. These fluids must be sterile to protect patients from injury, and there are a number of different types available for use. Many companies manufacture packaged intravenous fluids, as well as products which can be mixed with sterile water to prepare a solution for intravenous administration. The global Intravenous (IV) solutions market was valued at USD 6.9 billion in 2015 and is projected to grow at a CAGR of 7.8% over the forecast period. The emergence of this market is attributed to the fast growing geriatric population and prevalence of malnutrition in the elderly and pediatric population. Intravenous (IV) solutions are fluids which are intended to be administered to a patient directly into the venous circulation. These fluids are sterile fluids which protects patients at the time of serious dehydration. There is various type of IV solutions available for use in the market. Many companies manufacture packaged intravenous fluids or products or compounds which can be mixed with sterile water to prepare a solution for intravenous administration. The market for Intravenous (IV) Solution is expected to reach USD 11,511.2 million by 2022 and is expected to grow at a CAGR of 7.69% during the forecast period 2016-2022. The factors which drive the growth of the market are the rising prevalence of chronic diseases, rising acceptance of vitamin C intravenous treatment therapy to treat colorectal cancer. This is attributed to the factors such as Growing acceptance of vitamin C intravenous for Colorectal Cancer and increasing prevalence of the chronic diseases. Europe is the second largest market which is growing at a CAGR of 8.12% from 2016-2022. Asia-Pacific region is the fastest growing market for IV Solutions, which is expected to grow at a CAGR of 8.34% during the forecast period from 2016 to 2022. Few Indian major players are as under Shree Krishna Keshav Laboratories Ltd. Pharmazell (India) Pvt. Ltd. Parenteral Surgicals Ltd. Kokad Pharmaceutical Laboratories Ltd. Ahlcon Parenterals (India) Ltd. Abaris Healthcare Pvt. Ltd. Axa Parenterals Ltd.
Plant capacity: IV Fluids (500 ml Size Pack): 146,748 Units / Day IV Fluids (100 ml Size Pack): 153,252 Units / DayPlant & machinery: Rs 4099 lakhs
Working capital: -T.C.I: Cost of Project : Rs 5808 lakhs
Return: 25.00%Break even: 41.00%
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Needles for Sewing and Embroidery Machine

A sewing needle, used for hand-sewing, is a long slender tool with a pointed tip at one end and a hole (or eye) at the other. The earliest needles were made of bone or wood; modern needles are manufactured from high carbon steel wire and are nickel- or 18K gold-plated for corrosion resistance. High quality embroidery needles are plated with two-thirds platinum and one-third titanium alloy. Traditionally, needles have been kept in needle books or needle cases which have become objects of adornment. Needles are offered in a wide range of sizes and the selection of needle size is based on the combination of fabric and sewing thread which is to be sewn. If the selected sewing needle is too small for the sewing thread size, the thread will not fit well into the long groove of the needle and will suffer from extreme abrasion. The use of too fine a needle while sewing heavy plies of fabric could lead to the deflection of the needle, which could influence the stitch loop pick up and cause slipped stitches or even needle breakage. Use of a larger sewing needle for the particular sewing thread resulted in poor control of the loop formation which could lead to slipped stitches. The primary reason to buy household sewing machines by end users is to enable saving on professional and labour fee on petty stitch works and also creation of custom embroidery, clothing articles. Also, growing preference for embroidery-based clothing and customization of fabric in recent commercial fashion design sector is also expected to impact the growth of household sewing machines market. The household sewing machines market in general is expected to sustain its notable presence and witness a healthy growth owing to perennial demand generating demographics consisting of female population in the globe. The global sewing machines market is projected to grow at the rate of 4.1% during the forecast period, 2018 to 2023. The large scale adoption of these automated sewing machines for most apparel and non-apparel manufacturing contributes to the growth of the sewing machine market. Supporting government policies in emerging policies, like China and India, influence textile manufacturers to adopt the latest technologies and expand their manufacturing sites, is expected to increase the demand for industrial sewing machines. However, strong presence of unorganized players and uncertainty in raw material costs are restraining the growth of sewing machines market. The future of the textile industry in India has a positive outlook and is mirrored by increasingly strong consumption rates in the domestic market as well as the growing demand for exports. Moreover, the industry has earned a unique place in the economy due to its strong future outlook, numerous employment opportunities it has generated and the strong export numbers it has generated. Asia-Pacific is the fastest growing region in the global sewing machines market. China, Japan, Australia, India, and Indonesia are the top contributing countries in the region. Many key players are entering into partnerships with the e-commerce retail stores in order to strengthen their distribution network which is likely to drive the market growth in the region. In addition, the presence of numerous manufacturing companies in the region makes a manufacturing hub. Few Indian major players are as under Singer India Ltd. Schmetz India Pvt. Ltd. Needle Industries (India) Pvt. Ltd. Groz Engineering Tools Pvt. Ltd.
Plant capacity: Sewing Needles (30 g each) per Pack 50 Pcs.: 6,400 Packs / Day Embroidery Needles (30 g each) per Pack 50 Pcs. : 1,600 Packs / Day Plant & machinery: Rs 256 lakhs
Working capital: -T.C.I: Cost of Project : Rs 939 lakhs
Return: 27.00%Break even: 59.00%
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Rice Flakes and Puffed Rice

Rice flakes industry has also an important role in popularizing wheat in traditionally non-wheat consuming regions of the country. Rice flakes consumed by people of all ages and all times. With tea and coffee, rice flakes make a tasty and nutrition’s snack. There is a definite need for the rice flakes industry to make inroads in the rural areas. Manufacturing of rice flakes products have substantial scope for development in smaller towns, village and backward areas and can provide a good number of employment opportunities at different levels. Rice is a major source of energy and an important source of protein. The availability of nutrients per 100 g of raw white rice provides 361 kcal and 6 g of protein. It also contains substantial amounts of zinc and niacin. On the other hand, it is low in calcium, iron, thiamine and riboflavin and has virtually no beta-carotene (Vitamin A). It is noteworthy that the highest the degree of polishing, the lowest the level of proteins, vitamins and minerals in the final product. Puffed rice is a commonly consumed commodity as a pastime snack. It can be used in combination with nuts such as groundnut or roasted and salted cashews; with fried gram; with Jiggery and coconut gratings, or dusted with salt and spices after enrobing with oil. Since the product is easily digested and assimilated, it finds a wide acceptance among a cross section of the households. It is a versatile product with an excellent market potential. The global edible flakes market value was estimated at nearly 14.51 (USD Billion) in 2018 and is expected to be valued at 24.75 (USD Billion) by 2025 at a cumulative growth rate of around 8%. The report edible flakes market encompasses market estimation and analysis on both the global as well as regional level. The research report offers an extensive valuation of the market, business rivalry, opportunities, sales forecasts, revenue forecasts, and industry-validated market data. The report offers historical data from 2016 to 2018 and a forecast from 2019 to 2025 based on earnings (USD Billion). Based on the product, the edible flakes industry is sectored into Wheat Flakes, Corn Flakes, Flakey Oats, and Rice Flakes. Corn flakes segment is anticipated to make major contributions towards the market revenue over the forecast period. The reason being the ability of corn flakes in improving the digestion of starch. Huge inclination towards ready-to-eat food item consumption in the developing countries is set to increase the popularity of the edible flakes over the forthcoming years. Apart from this, the changing dietary patterns of the customers along with a huge preference for processed food sue to hectic lifestyle is expected to define the growth of the edible flakes market during the forecast period.
Plant capacity: Puffed Rice (Muri): 20,000 Kgs / Day Rice Flakes (Poha): 30,000 Kgs / Day Broken Rice Flakes (Poha): 1,500 Kgs / Day Rice Husk (bye product): 15,000 Kgs / DayPlant & machinery: Rs 120 lakhs
Working capital: -T.C.I: Cost of Project: Rs 571 lakhs
Return: 28.00%Break even: 57.00%
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Toughened Glass

Toughening is a process where the glass is heated at high temperatures to make it stronger and more resistant to breakage. This process creates a balance in the product’s internal stresses, so that when the glass is broken, it would crumble into tiny granular chunks instead of breaking into sharp, jagged pieces. Toughened glass is a type of safety glass processed by controlled thermal or chemical treatments to increase its strength compared with normal glass. Toughened glass is a type of soda-lime-silica glass with a sheet thickness 4-12 mm. The sheet has a central tensile stress of 500-1200 kg/cm2 and a ratio of surface compressive stress to central tensile stress of 2:1 to 4:1. The article is toughened by heat exchange with an oil (or chilled air) in which these are maintained from 0.01–0.07 % liquid. The boiling point liquid may be an organic liquid such as carbon tetrachloride, methanol, benzene, toluene, trimethyl alcohol, ethyl alcohol or Xylene etc. The current market size of flat glass industry in India is 1.32 MN tonne annually. Indian glass industry consists as elsewhere of a number of distinct segments: architecture (45% market share), automotive (15% market share), and value added glass (10% market share), mirrors and furniture (15% market share), respectively. The total market of glass valued at Rs. 340 bn in 2015. The industry is growing at around 15% per annum. Consumption per capita of glass in India is only 1.2 kg compared 15 kg in China, 9 kg in developed countries and 35 kg in the USA. The global glass market size was valued at USD 68.71 billion in 2014. It is expected to attain a CAGR of nearly 7.1% from 2015 to 2022. Increasing use of flat glass in photovoltaic modules, solar panels and e-glass owing to rising need for clean energy is anticipated to be one of the key trends escalating market growth. Toughened Glass Market size was over USD 24.5 billion in 2016 and industry expects consumption above 4.3 billion square meters by 2024. Increasing demand for furniture including table tops, shelves and cabinets and other interior applications should stimulate toughened glass market size. Toughened glass market size from furniture applications should witness significant gains up to 2024 owing to increasing demand for innovative furniture designs for interior applications accompanied with improving lifestyle patterns of consumers. Few Indian major players are as under Atul Glass Inds. Ltd Floatglass India Ltd. Friends Glass & Glazing Pvt. Ltd. Saint-Gobain Sekurit India Ltd. Gold Plus Glasses India Ltd. Sisecam Flat Glass India Pvt. Ltd. Triveni Glass Ltd Triplex Glass Works Pvt. Ltd
Plant capacity: Toughened Glass (Size of Sheet 8 ft x 12 ft.): 4,000 Sq. Ft. / DayPlant & machinery: Rs 332 lakhs
Working capital: -T.C.I: Cost of Project : Rs 939 lakhs
Return: 24.00%Break even: 46.00%
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Pasta and Macaroni

Pasta is a food that is loved by people of all age group. It is not just easy to make but can be a healthy food option when combined with veggies and nutritious sauces. This food is not just tasty but also has an interesting production process. The production process can be divided into a series of steps and has three key factors. The list of factors that influences the quality of production are raw material, presence of skilled employees and processing technology. Macaroni is dry pasta shaped like narrow tubes. Made with durum wheat, macaroni is commonly cut in short lengths; curved macaroni may be referred to as elbow macaroni. Some home machines can make macaroni shapes, but like most pasta, macaroni is usually made commercially by large-scale extrusion. The curved shape is created by different speeds of extrusion on opposite sides of the pasta tube as it comes out of the machine. Macaroni is a variety of pasta and is used to make various pasta recipes. Macaroni can be substituted in many recipes which call for other types of pasta like penne, fusilli, rigatoni etc. According to “India Pasta Market By Product Type, By Shape Type, By Distribution Channel, Competition, Forecast & Opportunities, 2013-2023” pasta market stood at over $ 178 million in 2017 and is projected to grow at a CAGR of around 17% to reach $ 453 million by 2024 on account of increasing awareness about health benefits of pasta as it is made of semolina durum wheat and not from refined flour. The primary factors catalyzing the growth of the pasta market in India include rising urbanization, changing lifestyles and surging demand for ready-to-eat products. In addition to this, the market is also influenced by an increasing women employment rate coupled with rising disposable incomes. Further, the health-conscious consumers are demanding food products with healthier ingredients, which has led to a rise in the demand for pasta made with whole-wheat and quinoa. Some of the other forces that have been proactive in maintaining the market growth are longer shelf-life and ease of preparation. The primary factors catalyzing the growth of the pasta market in India include rising urbanization, changing lifestyles and surging demand for ready-to-eat products. In addition to this, the market is also influenced by an increasing women employment rate coupled with rising disposable incomes. Further, the health-conscious consumers are demanding food products with healthier ingredients, which has led to a rise in the demand for pasta made with whole-wheat and quinoa. Some of the other forces that have been proactive in maintaining the market growth are longer shelf-life and ease of preparation. Few Indian major players are as under Weikfield Foods Pvt. Ltd. Venkatramana Food Specialities Ltd Nestle India Ltd. M T R Foods Pvt. Ltd. Fieldfresh Foods Pvt. Ltd. Capital Foods Pvt. Ltd. Bambino Food Inds. Ltd. Bambino Agro Inds. Ltd.
Plant capacity: Pasta (1 Kg Pack): 13,000 Packs / Day Macaroni (1 Kg Pack): 13,000 Packs / DayPlant & machinery: Rs 863 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1300 lakhs
Return: 12.00%Break even: 65.00%
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Moringa Oleifera (Drumstick) Powder

Moringa Oleifera is the most widely cultivated species of the genus Moringa, which is the only genus in the family Moring aceae. English common names include: moringa, drumstick tree (from the appearance of the long, slender, triangular seed-pods), horseradish tree (from the taste of the roots, which resembles horseradish), ben oil tree, or benzoil tree (from the oil which is derived from the seeds). The powder prepared from drumstick can be used as a flavoring agent for various non-vegetarian dishes to enhance the flavour of chicken or meat and can also be used for drumstick soup preparation by adding spice powder and other ingredients. In addition it can also be used as a thickening agent for Sambar and chutney preparation, instant soup powder and in parotta along with potato as a flavour enhancer. India is the largest producer of moringa, with an annual production of 1.1 to 1.3 million tonnes of fruits from an area of 380 km². Among Indian states, Andhra Pradesh leads in both area and production (156.65 km²) followed by Karnataka (102.8 km²) and Tamil Nadu (74.08 km²), a pioneering state having varied genotypes from diversified geographical areas and introductions from Sri Lanka. Drumstick is one of the world’s most useful trees with potential to improve nutrition, boost food security, and foster rural development and support sustainable land care. From leaves and root to pods and seeds, all parts of the drumstick tree are highly edible. The increasing awareness about the health advantages of moringa products will be one of the major factors that will have a positive impact on the global moringa products market during the forecast period. Over the years, moringa products such as moringa leaf powder have seen a growth in the sales in the global market. The rising health awareness in countries such as Europe and Americas have given rise to the increasing usage of moringa products by the consumers. This will drive the moringa products market future growth till 2022. India is the prevalent producer of Moringa with an annual production of 1.3 million tonnes of tender fruits from an area of 38,000ha. Among the states, Andhra Pradesh leads in both area and production (15,665 ha) followed by Karnataka (10,280 ha) and Tamil Nadu (7,408 ha). In other states, it occupies an area of 4,613 ha. The drumstick is valued mainly for its tender pods, which are relished as vegetable but all its parts – bark, root, fruit, flowers, leaves, seeds and even gum – are of medicinal value. They are used in the treatment of as cites, rheumatism and venomous bites as antiseptic and as cardiac and circulatory stimulants. India is the largest producer of drumstick with an annual production of 1.1 to 1.3 million tonnes grown over 38,000 hectares. Gujarat state provides a large market for drumstick. All districts in Maharashtra, Indore, Gwalior, Madras, Kerala whole of South India, Uttar Pradesh provide a good potential for inland Market. In pharmaceutical there are number of verticals but nutraceutical is an area which is growing at faster speed in India due to awareness for healthcare. Increased life span in India and growing population of senior citizens has increased the demand for nutraceutical products and their ingredients like drumstick powder. It is estimated that nutraceuticals demand is growing at the rate of 10% per annum. Drumstick is a natural medicine for nourishment & digestive disorder. Moringa leaves and pods can help decrease developing countries’ dependence on imported goods, such as vitamin and mineral complexes that ward off nutritional deficiency but are too expensive to be used in a sustainable way. Originated from India, moringa trees are now found in Ghana, the Philippines, Nigeria, Kenya, Rwanda, Niger, Mozambique, Cambodia and Haiti. Today, the moringa market globally is estimated at more than Rs 27,000 crore, which is expected to cross Rs 47, 250 crore by 2020, growing at a rate of nine per cent per year. Few Indian major players are as under Ayurvedic Pharmaceutical Co. Ltd. Ayurvedshri Herbals Ltd. Ganga Pharmaceuticals Ltd. Gayatri Herbals Pvt. Ltd. Indian Medicines Pharmaceuticals Corp. Ltd. Heal Ayurveda Pharmacy Ltd. Kerala Ayurveda Ltd. Indus Biotech Pvt. Ltd. Surya Herbal Ltd. Sanatan Herbal & Naturals Ltd.
Plant capacity: Drumstick (Moringa Oleifere) Powder: 400 Kgs / DayPlant & machinery: Rs 31 lakhs
Working capital: -T.C.I: Cost of Project : Rs 71 lakhs
Return: 29.00%Break even: 71.00%
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Biodegradable Plastic Bags from Corn & Cassava Starch

Corn starch has 25% amylose and 75% amylopectin. The amylose molecules loose lose water increase biodegradation characteristic and amylopectin molecule is responsible for plasticizer properties. Their granule size ranges between 5 to 20 microns. i.e. good absorption capacity, rapid gel formation & good strength. Starch is used to produce such diverse products as food, paper, textiles, adhesives, beverages, confectionery, packaging, pharmaceuticals, and building materials. Cassava starch has many remarkable characteristics, including high paste viscosity, high paste clarity, and high freeze-thaw stability, which are advantageous to many industries. Cassava starch could be used for making various types of packaging products. As a major source of starch in tropical and subtropical regions, cassava is a promising raw material for the development of biodegradable plastics in these areas. Biodegradable packaging sector is a small segment which represents a merger percentage of the packaging industry. The global biodegradable packaging has now moved on towards more advanced and efficient packaging. A decade ago, biodegradable packaging was not known to have any real significance. However, recently biodegradable packaging has become an integral part of the global packaging market. The rising consumer awareness towards biodegradable packaging has led to the tremendous growth of the overall market. Cassava bags are made by making PLA(Poly(lactic acid) or polylactic acid or polylactide (PLA) is a biodegradable and bioactive thermoplastic aliphatic polyester derived from renewable biomass, typically from fermented plant starch such as from corn, cassava, sugarcane or sugar beet pulp). These PLA resins (granules) are then added to a machine (film blower machine) and make the bio plastic sheets, then these bioplastics sheets are feeded into bag making machine and cut bags. The global biodegradable plastic packaging market was valued at USD 4.65 billion in 2019, and is expected to reach a market value of USD 12.06 billion by 2025, registering a CAGR of 17.04% during the forecast period of 2020-2025.Growing environmental concerns regarding plastic usage that consists of toxic pollutants which are harming plants, animals, and people are driving the use of biodegradable plastic. Stringent regulations by various government and federal agencies with an objective to reduce plastic waste and promote biodegradable plastics usage in packaging is boosting the demand of this market. Regulations related to green packaging is increasing and various FMCG companies are required to adopt biodegradable packaging to comply with the standards which in turn is propelling the growth of this market.
Plant capacity: Biodegradable Plastic Bags from Corn Starch (Per Bag 25 gms Size) : 6 MT / Day Biodegradable Plastic Bags from Cassava Starch (Per Bag 25 gms Size) : 6 MT / DayPlant & machinery: Rs 1053 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1768 lakhs
Return: 27.00%Break even: 51.00%
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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 mntonnes), Brazil (16.20 mntonnes) 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 Hind Alco 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 Vijayshree Alloys (Pune) Pvt. Ltd. Sun Industries Ltd. Shree Balaji Alumnicast Pvt. Ltd. Perfect Alloys & Steel Ltd. Indo Alusys Inds. Ltd. Gravita India Ltd. Baheti Metal & Ferro Alloys Ltd.
Plant capacity: Aluminium Alloy Ingots: 24 MT / Day Aluminium Scrap: 0.40 MT / DayPlant & machinery: Rs 186 lakhs
Working capital: -T.C.I: Cost of Project : Rs 703 lakhs
Return: 30.00%Break even: 62.00%
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Needles for Sewing and Embroidery Machine

Needles for Sewing and Embroidery Machine. Opportunities for Entrepreneurs to Start Own Industry. Embroidery needles are designed for use with fabrics like rayon, polyester, cotton or acrylic embroidery thread. These needles are designed with a special scarf which is a groove out of one side of the needle, and a larger eye to prevent shredding when sewing with special machine embroidery threads. Machine embroidery is most typically done with rayon thread, although polyester thread can also be used. Cotton thread, on the other hand, is prone to breaking and should be avoided if under 30 wt. Related Projects: - Industrial & Engineering Products, Manufactured Goods, Industrial Engineering Products. Mechanical, Engineering, Automobile Industries Household sewing machines reduce the efforts of visiting a tailor every now and then and also save time and money. A typical household sewing machine works on the principle of needle and thread feed mechanism. The construction of a household sewing machine involves spool pin, binder spindle, winder stopper, hand wheel, width, length and tension dials, feed dog, needle and needle plate. The household sewing machines are not only used to stitch torn clothes but are in fashion for making creative embroideries on clothes and canvas. Connoisseurs and artisans all over the world find a household sewing machines to be of a great help. Sewing Machine Needle Sizes Understanding the numbers associated with sewing machine needles will help you make the correct choice and possibly solve machine problems. All of the numbers associated with sewing machine needles can stop you in your tracks. It's a simple labeling system, but the confusion comes in because they use both a European and American labeling system. The American system uses 8 to 19, 8 being a fine needle and 19 being a thick heavy needle. Related Project: - Needles For Sewing and Embroidery Machine European sizes range from 60 to 120, 60 being a fine needle and 120 being a thick heavy needle. Either way, the higher the number, the thicker/heavier the needle. Market Outlook Household Sewing Machines Market: Dynamics The primary reason to buy household sewing machines by end users is to enable saving on professional and labour fee on petty stitch works and also creation of custom embroidery, clothing articles. Also, growing preference for embroidery-based clothing and customization of fabric in recent commercial fashion design sector is also expected to impact the growth of household sewing machines market. The household sewing machines market in general is expected to sustain its notable presence and witness a healthy growth owing to perennial demand generating demographics consisting of female population in the globe. However, lack of awareness about various applications that can be carried out on household sewing machines can be a restraint to the growth of the household sewing machines market. The globe to enhance skills is expected to significantly boost the global household sewing machines market in the recent years. In countries of South-East Asia, Africa and Latin America, the regional government has enabled subsidies on procurement of household sewing machines to the women workforce based in rural areas in an endeavor to promote the domestic small-scale apparel and handicrafts sector. Market Research: - Market Research Report The growth in population and ecommerce preferences in developing countries increase demand from textile industry. Growing demand from the textile industry influence the sewing machine components market in terms of growth. Asia pacific is expected to be prominent region in sewing machine components market. Major investment by overseas players in Asia pacific textile industry deliver significant demand for the sewing machine that propel the demand for sewing machine components over the forecast period. During this long period of existence the industry has upgraded itself through innovations and introductions of new products at regular intervals. Sewing and embroidery machinery industry is coming every day with some new features in their machineries to keep abreast with end users requirement. Adaptability and ease of use are becoming the determining factors for the success of a product. Related Video: - Industrial & Engineering Products, Manufactured Goods, Mechanical, Automobile, Metal, Metallurgical, Wire, Aluminum, Copper Products, LPG Cylinder An emergence of embroidery as a major fashion trend has propelled the demand for power-operated embroidery machines across the commercial textile industry. However, a primary burden of compliance on embroidery machine industry is hampering the overall market growth. Key Players:- Groz Engineering Tools Pvt. Ltd. Needle Industries (India) Pvt. Ltd. Schmetz India Pvt. Ltd. Singer India Ltd. Examples of some of the market participants in the global sewing machine components market identified across the value chain include Bernina International AG Rieter Group Brother Industries Ltd. Janome Sewing Machine Co. Ltd., JUKI Corporation SEW-EURODRIVE Reliable Corporation Singer Corporation Tags:- #needlesforsewing #Sewingneedles #Needles #embroidery #embroiderymachine #sewingmachine #sewing #sewingNeedle #businessconsultant #businessfeasibilityreport #DetailedProjectReport #EntrepreneurIndia #startupideas #NPCS #feasibilityReport
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Production of Hot Melt Adhesives (HMA) For Book Binding, Packaging and Courier Bag.

Production of Hot Melt Adhesives (HMA) For Book Binding, Packaging and Courier Bag. Opportunities for Entrepreneurs to Start Own Industry in Adhesives Sector. Hot melt adhesives are generally 100% solids formulations supported thermoplastic polymers. They solid at temperature and are activated upon heating above their softening point, at which stage they're liquid, and hence are often processed. After application, they retain the power to wet the substrate until they solidify. Upon solidification, they return to a physical state that has structural integrity and may function as an adhesive. The adhesive is applied by extruding, rolling, or spraying and joining is administered immediately after application or after reheating the solidified layer. The variability of polymers during this class is very wide and includes both natural and synthetic polymers. The high viscosity of the melt makes them particularly suitable for porous and permeable substrates which otherwise would be more difficult to bond with a solvent system. A feature of hot melts is that on cooling they very rapidly build up their internal strength allowing rapid assembly and further processing. Because they're based on thermoplastic polymers, hot melts are often repeatedly heated to melt and cooled to solidify. This property limits the temperature resistance of hot melt bonds and that they even have a tendency to creep when subjected to continuous stress or elevated temperatures. On the plus side, these adhesives are often wont to create bonded joints that are thermally detachable and may even be re-attached. Related Projects: - Adhesives and Sealants, Industrial Adhesives, Glues, Gums and Binders, Synthetic Resin, Resins Hot melts are used in many different industries for a wide variety of applications. They are capable of bonding many different substrates including rubbers, plastics, metals, ceramics, glass and wood. The packaging industry is one of the major users. Hot melts are used for carton sealing and assembly of corrugated boxes and paperboard cartons, and for labeling applications. Other uses include shoe-making (bonding toecaps and shoe soles), disposable diapers and sanitary napkins bonding, bookbinding, manufacture of non-woven materials, and various laminating applications in the furniture industry (veneer surrounds and edging). The automotive industry employs hot melts to assemble various products including bonding of carpeting and seat covers. The electronics industry makes also use of hot melts, for example to bond coil windings and coil ends. Hot Melt Adhesives Provide the Following Benefits: A 100 % solids content, free of solvents and water High production speeds due to short setting times A wide range of adhesion to different materials They can level out of irregularities in the surface Smooth surfaces due to a water-free bonding Elastic bondlines Can be reactivated by heat and therefore be used for precoating Joint can be opened by heating (recycling) Related Books: - Gums, Adhesives & Sealants Technology (With Formulae) Market Outlook The global hot melt adhesives market size was valued at USD 6.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2020 to 2027. Increasing demand from the packaging and non-woven products application is a significant factor in driving the market growth. Unlike their solvent- or water-based counterparts, hot melt adhesives (HMAs) do not require drying or curing. They can be applied in their molten state and, therefore, can be bonded immediately after the application; this gives them the distinct advantage of faster processing times in various applications including packaging, nonwovens (diapers, and female hygiene products), furniture, industrial assembly, and others. Rising disposable income levels and increasing awareness regarding personal hygiene are likely to boost the demand for nonwoven products like diapers and feminine hygiene products, which, in turn, is expected to drive the segment growth. In woodworking, HMAs are used as general-purpose adhesives for bonding wooden substrates in furniture. An increasing number of refurbishment & restoration projects within the developed economies including new construction activities in emerging economies are likely to propel product demand in woodworking applications. In assembly application, the product is used during a variety of industries including medical, electrical & electronics, and other industrial manufacturing. The fast setting speed and wide temperature range of HMAs are the crucial factors that drive the segment growth. Related Videos: - Adhesives and Sealants, Industrial Adhesives, Glues, Gums and Binders, Synthetic Resin, Resins (Guar Gum, Adhesive [Fevicol Type], Hot Melt Adhesives) Increasing demand from the automotive and packaging industries in Asia-Pacific and the rising environmental concerns regarding solvent-borne adhesives. The ethylene-vinyl acetate segment dominated the market and is expected to witness a healthy growth rate during the forecast period, owing to the increasing demand from the paper, board, and packaging industry, across the globe. The adoption of bio-based hot-melt adhesives is likely to act as an opportunity in the future. Another driver identified in the hot melt adhesives market is the rapid industrialization and expansion of the packaging industry. The emerging economies of Asia Pacific are witnessing substantial increase in the use of hot melt adhesives, especially in the automotive and packaging industries. Increasing purchasing power of individuals and changing consumption trends have led to the development of more varied, complex, and eco-friendly products, thereby calling for higher consumption of these adhesives. Market Research: - Market Research Reports, India and Global Industry Analysis The construction industry has relied on solvents for adhesives needs for decades. Hot melt has begun to replace solvent-based products. Construction is one area that industry watchers predict hot melt use will rapidly grow, outpacing the expected growth in other industries. Booklet labels, labels that require you to peel away the top layer to reveal the text related to the contents of a box, package or item, will need adhesives. Hot melt meets these needs without any environmental worries or problems with application. Many advertisers have been marketing through labeling. This trend will likely continue, increasing revenue for hot melt products in this market. Hot melt adhesives are industrial strength adhesives that are thermally melted and then allowed to cool in order to achieve their adhesive properties. They are made primarily of one or more polymers and a combination of additives such as resins and pigments that provide different characteristics to various adhesives. Hot melt adhesives are named for their polymer bases, providing different types of hot melt adhesives like ethylene vinyl acetate, polyamide, and polyurethanes for numerous industries and applications, including packaging, product assembly, woodworking, bookbinding, and product labeling. Related Books: - Adhesives, Chemical, Drugs, Gums, Insecticides, Jute, Pesticides, Petro Chemicals Increasing Development of Bio-Based Hot Melt Adhesives to Offer Immense Growth Opportunities in the Market Due to the rising environmental concerns, companies are developing bio-based adhesives to replace the chemical-based ones. In order to enhance the sustainability efforts without compromising performance, companies are developing these bio-based hot melts. For example, DowDuPont Inc. has developed a new hot melt adhesive, which offers benefits including improved water resistance, high flexibility, and good adhesion on a variety of substrates. Hence, it is expected to create ample opportunities for the industry players operating in the hot melt adhesives market. Projects: - Project Reports & Profiles Key Players:- 3M India Ltd. Anabond Ltd. Ciba India Ltd. D H Resins & Chemicals Pvt. Ltd. Dow Corning India Pvt. Ltd. Eftec (India) Pvt. Ltd. Golden Chem-Tech Ltd. H B Fuller India Adhesives Pvt. Ltd. Henkel Adhesives Technologies India Pvt. Ltd. Henkel Anand India Pvt. Ltd. Jyoti Resins & Adhesives Ltd. Mccoy Soudal Sealants Adhesives & Foams Pvt. Ltd. Metlok Pvt. Ltd Nikhil Adhesives Ltd. Polyinks Ltd. Renuka Adhesives Ltd. Resinova Chemie Ltd. Yug Decor Ltd. Tags: - #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #entrepreneurindia #startupbusiness #HotmeltAdhesives #Hotmelt #Adhesives #Hotmeltglue #Packaging #Industrialhotmelt #HotMeltAdhesivesMarket #HotMeltAdhesivesMarketGrowth #HotMeltAdhesivesMarketDemand #HotMeltAdhesivesMarketForecast #AdhesivesPackaging #AdhesivesIndustry #adhesivesmanufacturing #adhesives #bookbinding #packagingindustry #sealants #AdhesivesMarket #SolventBasedAdhesives #waterbasedadhesives
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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