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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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Gourmet Popcorns

Popcorn is a variety of corn kernel which expands and puffs up when heated; the same names are also used to refer to the foodstuff produced by the expansion. A popcorn kernels strong hull contains the seed's hard, starchy shell endosperm with 14–20% moisture, which turns to steam as the kernel is heated. Pressure from the steam continues to build until the hull ruptures, allowing the kernel to forcefully expand, from 20 to 50 times its original size, and then cool. Popcorn is one of the six major types of corn, which includes dent corn, flint corn, pod corn, flour corn, and sweet corn. Each kernel of popcorn contains a certain amount of moisture and oil. Unlike most other grains, the outer hull of the popcorn kernel is both strong and impervious to moisture and the starch inside consists almost entirely of a hard type. The global popcorn market is projected to reach $15billion by 2023, registering a CAGR of 7.6 percent from 2017 to 2023, with ready-to-eat leading the segment. While established FMCG businesses have either launched a popcorn product or are looking to launch one, startups too have built ready-to-eat or ready-to-cook popcorn brands in the domain. It would be futile to undermine the potential this industry has. The future of India Snacks Market can be judged from the fact that this industry is expected to grow with double digit CAGR for the time frame of 2018 to 2024. India snacks market is dived between organized players and unorganized market. At present Unorganized market is dominating the India snacks market. But this scenario is expected to change during the forecast period of 2018-2024. India Snacks Market is growing due to following factors Lifestyle Changes, Rising Urbanization, Growing Middle Class Population, Local Availability and Availability of Snacks in Small Package Size, Low Price and Company’s Strategies to focus on regional taste. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Agro Tech Foods Ltd. D F M Foods Ltd. Frito-Lay India Hershey India Pvt. Ltd. Prataap Snacks Ltd. Rishabh Food Products Ltd. Zea Maize Pvt. Ltd.
Plant capacity: Gourmet Popcorns 50g Pack: 4000 Packs / Day Gourmet Popcorns 100g Pack: 4000 Packs / Day Gourmet Popcorns 150g Pack: 4000 Packs / Day Gourmet Popcorns 200g Pack: 4000 Packs / DayPlant & machinery: Rs 38 lakhs
Working capital: -T.C.I: Cost of Project : Rs 132 lakhs
Return: 36.00%Break even: 61.00%
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Meat Analogue, Vegan Meat & Mock Meat from Soyabean and Wheat Gluten

A meat analogue, also known as a meat alternative or substitute, or as mock, imitation, vegetarian, or vegan meat, approximates certain aesthetic qualities (such as texture, flavor, appearance) or chemical characteristics of specific types of meat. Generally, meat analogue means a food made from vegetarian ingredients, and sometimes without animal products such as dairy. Many analogues are soy-based (e.g. tofu, tempeh) or gluten-based, but now may also be made from pea protein. The target market for meat analogues includes vegetarians, vegans, non-vegetarians seeking to reduce their meat consumption, and people following religious dietary laws in Hinduism, Judaism, Islam, and Buddhism. Increasingly the global demand for sustainable diets in response to the outsized role animal products play in global warming and other environmental impacts has seen an increase in industries focused on finding substitutes similar to meat. There has been an increased leaning towards non-meat based protein alternatives. International players such as Impossible Foods and Beyond Meat which offer substitute products for meat have been doing brisk business. Infact, reports predict that the global meat substitute market size which was valued at $4.1 billion in 2017 is expected to scale up to $8.1 billion by 2026. India meat substitutes market is expected to grow at a CAGR of close to 10% during the forecast period. The India meat substitutes market is driven by rising health concerns coupled with growing awareness about various diseases caused due to lack of proteins among consumers. Also, increasing vegan population in India is expected to bolster the growth of market over the next few years. Growing demand for plant-based meat products among the population is further aiding the growth of India meat substitutes market over the coming years. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Cargill Foods India Ltd. Roquette India Pvt. Ltd. Shanti Overseas (India) Ltd. Chandan Udyog Ltd. Sonic Biochem Extractions Pvt. Ltd.
Plant capacity: Meat Analogue (200 gms each Pack): 1000 Packs / Day Vegan Meat (200 gms each Pack): 1000 Packs / Day Mock Meat (200 gms each Pack): 1000 Packs / DayPlant & machinery: Rs 17 lakhs
Working capital: -T.C.I: Cost of Project : Rs 138 lakhs
Return: 29.00%Break even: 62.00%
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HDPE/PP Bags

At present there is underutilization of existing capacity due to marketing problems after introducing of Jute packaging Mandatory Order 1986. The demand for woven sacks was sluggish for a variety of reasons. A few years back Flat looms were used for the manufacture of woven sacks. Now it has been manufactured on circular looms, which have high productivity. This helped in minimizing the cost of production; however due to high cost of jute bags & also due to resistance to chemicals, moisture etc. most of industry prefer HDPE/PP woven sacks for packaging. Lighter in weight & have more advantages than conventional bags. PP/HDPE woven sacks laminated with LDPE/PP liner have wider applications. HDPE woven sacks are much stronger & can withstand much higher impact loads because of HDPE strips elongation at break is about 15-25% as compared to 30% of Jute. These sacks are much cleaner & resist fungal attack. Jute prices are very unstable in the market since Jute is an agriculture product. These sacks have many advantages over other conventional sacks materials & are quite competitive in price. Woven Packaging Fabrics, Woven bags and fabrics are often used as an industrial packaging material. The packaging bags and fabrics are available mostly in HDPE (High Density Polythene) and PP (Polypropylene). Depending on end use these are either laminated, or supplied without lamination. Based on material type, the global plastic bags and sacks market is segmented into biodegradable and non-biodegradable. The biodegradable segment is further segmented into polylactic acid (PLA), poly-hydroxyl-alkanoates (PHA), and starch blend resins, while the non-biodegradable segment is further segmented into low density polyethylene (LDPE), high density polyethylene (HDPE), polypropylene (PP), linear low density polyethylene (LLDPE), and polystyrene (PS). Changes in consumer lifestyle, rapid pace of industrialization, rising consumer goods and retail sector, and declining prices of oil and gas in emerging markets are the factors accentuating market growth. The global market for plastic bags and sacks is forecast to expand at a CAGR of over 3.4% from 2016 to 2024. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Aditya Polymers Ltd. Ashok Polymers Ltd. Ashoka Poly Laminators Ltd. Bardanwala Plastics Pvt. Ltd. Bihar Raffia Inds. Ltd. Commercial Syn Bags Ltd. Dhoot Compack Pvt. Ltd. Eclat Industries Ltd.
Plant capacity: HDPE/PP Woven Bags: 120,000 Nos / DayPlant & machinery: Rs 562 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1207 lakhs
Return: 26.00%Break even: 57.00%
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Disposable Plastic Syringes

Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. The constantly increasing use of this type Syringe indicates its importance which is based mainly on the advantages it offers regarding cost and hygienic applications. The manufacture of plastic syringes has been developed to such a degree that the products now satisfy the requirements and standards set by Hospital and physicians. At the same time they offer the best possible technique of application to the physician and the highest possible degree of safety to the patient. In medical industries syringes are very important and play a significant role. It is a medical device which is used to inject or withdraw fluids from the body. Numerous categories of syringes are used by medical experts depending on the situations. The aim behind using syringes is to clean wounds by infusing fluids into body. Syringes are used for distillation of blood, for vaccination, for infusing of insulin, for governing anesthesia etc. The market of medical disposables holds the revenue of approximately USD 225 billion in 2016 at a CAGR of around 7% over the forecast period i.e. 2016-2024 in which global syringes market accounted for USD 5 billion in 2016 due to increasing number of chronic diseases and so on. On the basis of products disposable syringes are the dominating market with a CAGR of around 6% over the forecast period i.e. 2016-2024 because disposable syringes are used only once ensuring the safety of patients. On the basis of material, glass syringe is dominating the segment and is expected to reach a value of USD 15 million by 2024 because they can be sterilized and reused. The syringes market is expected to reach USD 15.99 Billion by 2021 from USD 10.56 Billion in 2016, at a CAGR of 8.7% during the forecast period. Thus, due to demand it is best to invest in this project.
Plant capacity: Disposable Plastic Syringes 1 ml Size: 720 Boxes / Day (Each Boxes = 100 Pcs) Disposable Plastic Syringes 5 ml Size : 720 Boxes / Day (Each Boxes = 100 Pcs) Disposable Plastic Syringes 10 ml Size : 720 Boxes / Day (Each Boxes = 100 Pcs) Disposable PlPlant & machinery: Rs 513 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1300 lakhs
Return: 28.00%Break even: 63.00%
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Rice Beer with Can & Bottle Packaging

Beer is distributed in bottles and cans and is also commonly available on draught, particularly in pubs and bars. The brewing industry is a global business, consisting of several dominant multinational companies and many thousands of smaller producers ranging from brewpubs to regional breweries. The strength of modern beer is usually around 4% to 6% alcohol by volume (ABV), although it may vary between 0.5% and 20%, with some breweries creating examples of 40% ABV and above. Beer forms part of the culture of many nations and is associated with social traditions such as beer festivals, as well as a rich pub culture involving activities like pub crawling and pub games such as bar billiards. Today, the brewing industry is a global business, consisting of several dominant multinational companies and many thousands of smaller producers ranging from brewpubs to regional breweries. The Global Beer Market was valued at $593,024 million in 2017, and is projected to reach $685,354 million by 2025, growing at a CAGR of 1.8% from 2019 to 2025. The origin of beer dates to the early Neolithic period, and is one of the oldest and the most consumed alcoholic beverages in the world. Beer is a popular beverage all over the world. Though an alcoholic - beverage beer is not considered a hot drink like rum or whisky as it contains alcohol ranging from only 8 to 9 percent. It is considered good for health in the sense that being very less in alcoholic contents it is found effective in improving appetite. Rice beer preparation and its consumption is a traditional practice among the ethnic communities of North-East India. It plays a vital role in the socio-cultural life of the tribal people as it is considered indispensable in get-togethers, festivals and religious ceremonies such as child birth, marriages, death ceremonies, etc. Major brands of Mysore Breweries include Knockout, Bengal Premium, Pals Premium, and Seven Stars. It has two breweries in Aurangabad and Bangalore, with a total capacity of 450,000 hl. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Anheuser Busch Inbev India Ltd Appollo Distilleries & Breweries Pvt. Ltd Carlsberg India Pvt. Ltd. Castle Breweries Ltd. Devans Modern Breweries Ltd. Foster'S India Ltd. Lilasons Breweries Ltd Malabar Breweries Ltd. [Merged]
Plant capacity: Rice Beer (650 ml Bottle):12,924 No’s/Day Rice Beer (500 ml Can): 16,800 No’s/DayPlant & machinery: Rs 2631 lakhs
Working capital: -T.C.I: Cost of Project : Rs 4596 lakhs
Return: 27.00%Break even: 42.00%
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Ciprofloxacin Hydrochloride

Ciprofloxacin is a synthetic chemotherapeutic antibiotic of the fluoroquinolone drug class. It is a second-generation fluoroquinolone antibacterial. It kills bacteria by interfering with the enzymes that cause DNA to rewind after being copied, which stops synthesis of DNA and of protein. Ciprofloxacin is not to be used in infants as they have not developed sufficient enzymes to metabolize the drug. Severe adverse reaction will occur in this patient group. Ciprofloxacin is used to treat a number of infections including: infections of bones and joints, endocarditic, gastroenteritis, malignant otitis externa, respiratory tract infections, cellulites, urinary tract infections, prostitutes, anthrax, chancroid, among others. This medication is used to treat a variety of bacterial infections. Ciprofloxacin belongs to a class of drugs called quinolone antibiotics. It works by stopping the growth of bacteria. This antibiotic treats only bacterial infections. It will not work for virus infections (such as common cold, flu). Using any antibiotic when it is not needed can cause it to not work for future infections. The global API market is poised to grow at a CAGR of around 6.6 per cent over the next decade to reach approximately US $238.8 billion by 2025. The prominent trends that the market is witnessing include, growing geriatric population, rapid growth in biopharmaceuticals sector and technological advancements in API manufacturing. Indian pharmaceutical sector is expected to grow to US$ 100 billion, while medical device market is expected to grow US$ 25 billion by 2025. Pharmaceuticals export from India stood at US$ 20.70 billion in FY20. Pharmaceutical export include bulk drugs, intermediates, drug formulations, biological, Ayush and herbal products and surgical. India's biotechnology industry comprising biopharmaceuticals, bio-services, bio-agriculture, bio-industry, and bioinformatics is expected grow at an average growth rate of around 30 per cent a y-o-y to reach US$ 100 billion by 2025. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Aarti Drugs Ltd. Aurobindo Pharma Ltd. Cipla Ltd. Indoco Remedies Ltd Kores (India) Ltd. Wockhardt Ltd. Sun Pharma Medisales Pvt. Ltd.
Plant capacity: Ciprofloxacin Hydrochloride: 600 Kegs’/DayPlant & machinery: Rs 201 lakhs
Working capital: -T.C.I: Cost of Project : Rs 580 lakhs
Return: 27.00%Break even: 58.00%
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Maize and It’s By Products (Maize Starch, Sorbitol, Liquid Glucose, Dextrose Monohydrate, Dextrose Anhydrous, Gluten and Maltodextrin)

Maize also known as corn is a cereal grain. Maize has become a staple food in many parts of the world, with total production surpassing that of wheat or rice. However, not all of this maize is consumed directly by humans. Some of the maize production is used for corn ethanol, animal feed and other maize products, such as corn starch and corn syrup. The six major types of corn are dent corn, flint corn, pod corn, popcorn, flour corn, and sweet corn. Maize is important to India as 15 million Indian farmers are engaged in Maize cultivation. Having realized the potential of Maize in generating better income to farmers while providing gainful employment, Maize qualifies as a potential crop for doubling farmer’s income. There is a tremendous potential of growth of the Maize value chain in the country. The consumption of Maize has increased at a CAGR of 11% in last five years. This is mainly because the area under kharif maize (2016-17) saw a jump to 84.26 lakh ha. There is a bearish trend in the global maize market due to over production in key maize growing countries led by US. Given the global scenario which hints a surplus production this year and assuming the normal kharif maize area, the Agricultural Market Intelligence Centre projected the prices of maize at kharif harvest period of 2017-18. India corn starch market is estimated to be valued at 1.37 Billion in 2018 and is estimated to grow at a CAGR of 3.9% during the forecast period 2019–2024. Corn Starch production in India is very fragmented since there are a large variety of producers or manufacturers with different production capacities. The main raw material for the same is maize but to a small extent, some other materials and used and they include rice, potato and tapioca. The key products or derivatives which are hence obtained include modified starches, syrups, sweeteners, corn germ and others. The main demand for starches arises from textile, paper and construction industries besides the pharmaceutical industry. The use of these derivatives in the food industry is growing but not at a very fast pace, however, there is a lot of potential for the corn starch processing industry that remains untapped. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Aksharchem (India) Ltd. Cargill India Pvt. Ltd. Sahyadri Starch & Inds. Pvt. Ltd. Roquette India Pvt. Ltd. Wockhardt Health Care Ltd. Universal Starch-Chem Allied Ltd Tirupati Starch & Chemicals Ltd. Devi Corn Products Ltd. Gayatri Bioorganics Ltd.
Plant capacity: Maize Starch: 67 MT / Day Sorbitol: 11.34 KL / Day Liquid Glucose: 11.34 KL / Day Dextrose Monohydrate: 11.34 MT / Day Dextrose Anhydrous: 5.60 MT / Day Gluten : 11 MT / Day Maltodextrin: 5.70 MT / Day Germ: 12.Plant & machinery: Rs 6273 lakhs
Working capital: -T.C.I: Cost of Project : Rs 8902 lakhs
Return: 27.00%Break even: 39.00%
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Craft Beer

A microbrewery or craft brewery is a brewery that produces small amounts of beer (or sometimes root beer), typically much smaller than large-scale corporate breweries, and is independently owned. Such breweries are generally characterized by their emphasis on quality, flavour and brewing technique. Craft brewing" is a more encompassing term for developments in the industry succeeding the microbrewing movement of the late 20th century. The definition is not entirely consistent but typically applies to relatively small, independently-owned commercial breweries that employ traditional brewing methods and emphasize flavor and quality. The term is usually reserved for breweries established since the 1970s but may be used for older breweries with a similar focus. A United States trade group, the Brewers Association, interested in brand transparency, offers a definition of craft breweries as "small, independent and traditional". The global craft beer market to grow at a CAGR of 11.04% during the period 2017-2021. The latest trend gaining momentum in the market is increasing exports of craft beer. In the past few years, the American craft beers were not likely to find a place in the beer markets of Europe and Asia. Current scenario, the American craft beers are one of the major reasons behind the increase in demand for craft beers in Asia and Europe. Craft beers are also able to compete successfully with other alcoholic products in the European countries. The demand for exotic, rare, and innovative flavors of craft beers has increased. The trend of consumption of craft beer began in western world and spread to other regions rapidly. Looking at the economic development at global level and specifically for BRIC countries, the increasing purchasing power of consumers, trends of healthy consumption leading to changes in consumption basket of consumers are likely to remain significant. The increasing consumption of craft beer is driven by this desire to socialize and spend some quality time with family and friends. The craft beer is considered fresh and is preferred by mass consumer especially in developed countries and the trend is spreading across the globe. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Arthos Breweries Ltd Arlem Breweries Ltd. Associated Breweries & Distilleries Ltd. Blossom Industries Ltd. Buckingham Distilleries & Breweries Ltd. Carlsberg India Pvt. Ltd. Castle Breweries Ltd. Him Neel Breweries Ltd. Indo Lowenbrau Breweries Ltd. Kesarval Beverages Ltd.
Plant capacity: Craft Beer (Bottles 650 ml Size): 18,462 Nos. / Day Craft Beer (Al. Cans 500 ml Size): 24,000 Nos. / DayPlant & machinery: Rs 1366 lakhs
Working capital: -T.C.I: Cost of Project : Rs 4432 lakhs
Return: 33.00%Break even: 40.00%
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Rice Husk based Biodegradable Cutlery

Biodegradable cutlery has emerged as a better alternative to plastics across the globe and Indians have been early adopters of biodegradable products. All kinds of plant biomass material such as biogases, rice husk, coconut coir etc. are being utilized for producing eco-friendly cutlery, tableware and packaging products that could see a surge in usage in the coming decade. Rice husk is a surprisingly strong material that can withstand significant wear and tear and has a long life. Rice husk tableware is one of the most durable forms of biodegradable cutlery that can withstand temperatures of more than 100oC without getting damaged. This reusable tableware has a smooth glossy covering that is 100% natural and derived from the wax present in rice husks. The global biodegradable cutlery market size was accounted for USD 33.9 million, in 2018 and is projected to grow at a significant rate of CAGR of 5.9% during the forecast period, 2019 to 2025. The growing awareness about hazardous impacts of non-biodegradable waste is expected to positively affect the market growth. The government has formed strict regulations for banning non-biodegradable plastic. Supportive government initiatives along with growing consumer awareness about side effects of non-biodegradables are projected to boost the market growth. Furthermore, increasing demand for eco-friendly products such as cups and plates across the hotels and restaurants is contributing to market growth. Eco-friendly cutlery provides more convenience include cups, plates that can be carried while vacations, family outings. However, the biodegradable item such as spoons and cups costs higher than traditional cutlery. Moreover, during the process of manufacturing biodegradable plastics greenhouse gases are released which affects the environment. This factor may restrain the market growth. Thus, due to demand it is best to invest in this project.
Plant capacity: Biodegradable Cutlery (Per Set 9 Pcs. Flatware): 1,852 Sets / DayPlant & machinery: Rs 28 lakhs
Working capital: -T.C.I: Cost of Project : Rs 142 lakhs
Return: 28.00%Break even: 63.00%
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BLDC Fan

BLDC stands for Brushless DC motors. The BLDC motor is a synchronous motor powered by a DC electric source. It uses an integrated inverter power supply to produce an electrical signal to drive the motor. BLDC fan meaning is BLDC motor use in BLDC ceiling fan compare to induction motor in normal ceiling fan. With the use of BLDC motor in ceiling fan we can save 60% electricity in the ceiling fan. BLDC fan lifespan is more than a normal ceiling fan because there is no heat generated in BLDC Motor hence its increases lifespan of ceiling fan bearings, also there are fewer chances for the winding failure due to the use of high thickness copper wire in the winding. India is a tropical country making fans a necessity. Thus, the fan industry in India is well-established and has shown significant growth over the years. Profit realizations increased only 3.0-3.5% annually in the last 2 years due to a parallel rise in raw material prices. However, going forward, realizations for the sector are due to increase substantially as share of premium fans rise from current 6-8% levels to more than 15-20% over the next 3-5 years. Growth in the housing sector is boosting the demand for ceiling fans, especially in the developing economies. For instance, the governments of China and India are coming up with new schemes to provide shelter to the low- and middle-income groups. In addition to this, development in the commercial real estate, hospitality and retail sectors are bolstering the market growth. Fans are one of the electrical appliances which have become almost indispensable in Indian homes and even offices. Electric fan is a high market penetration product category and is very high in terms of purchase priority amongst durables. The market size of fan in value terms is quite large and it is the largest selling item in the brown goods category. Fan as a product category has no major regional disparities in sale. Much of the sale of organized sector is in the metro, tier I and tier II markets. National brands have built their brand image over a period of time through sustained advertising and a good dealer network. Moreover, the export of fans from India has grown considerably in the last few years and is a testimony to the quality and development of fan industry in India. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Advanced Appliances Pvt. Ltd. Delco Fans Pvt. Ltd. Goa Electricals & Fans Ltd. Khaitan Fans (India) Ltd. Nicotra India Pvt. Ltd. Remi Engineering Fans Ltd. Rallis Machines Ltd.
Plant capacity: BLDC Celling Fan (48"-52"): 1,000 Pcs. / DayPlant & machinery: Rs 48 lakhs
Working capital: -T.C.I: Cost of Project: Rs 359 lakhs
Return: 29.00%Break even: 66.00%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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