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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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Menthol Crystal

Menthol is a white crystalline chemical product. It is manufactured either from natural source or is produced synthetically. Leave or Racemic form are only the rapautically active melting point of natural or synthetic leave menthol lies between 41 and 44°C. Some manufacture classify crystals according to their shape and size and thus many terminologies are used by them e.g. bold crystal medium crystals, medium extra crystals, medium extra large crystals. Menthol is marketed in almost all size of container from 25 kegs. packs to 2 gm pack. Most popular packs are 5 kegs. 500 gm. and 900 gm. Menthol is packed in sealed or unsealed plastic or PVC bags. Paper bags are rarely used. Which are not desirable? These filled bags are than packed in printed or unprinted sealed or unseal tin containers. Occasionally cardboard boxes are used which again are unsatisfactory for variety of reason. Menthol crystals are majorly derived from natural sources and therefore these are gaining more importance in developed and developing markets. Increasing focus of manufacturers towards natural and sustainable products is pushing the growth of natural based products from various industries. Cosmetic industry is highly regulated and therefore is demanding natural based raw materials for manufacturing cosmetic products. This is expected to drive the menthol crystals market in coming years Global Menthol Market Is forecasted to reach 5590 Million US$ by 2025 with a 4.68% average growth rate. Menthol is an active ingredient in countless products, ranging from aftershave to topically applied muscle cooling lotions. It is also used extensively as a flavoring agent in confections, gum, and oral hygiene products, and in perfumery, it is commonly used to emphasize floral notes. Menthol products 60% of the cost is directly related to the menthol oil price, which is actively traded in the commodity market. The price fluctuation of menthol oil highly depends on the season. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Everest Flavours Ltd. Halcyon Life Sciences Pvt. Ltd. Malik Polychem Ltd. Swati Menthol & Allied Chemicals Ltd. Sharp Mint Ltd. Rupangi Impex Ltd. Jindal Drugs Pvt. Ltd.
Plant capacity: Menthol Crystal : 1,500 Kgs / Day Dmentha Oil : 500 Kgs / DayPlant & machinery: Rs 196 lakhs
Working capital: -T.C.I: Cost of Project: Rs 642 lakhs
Return: 30.00%Break even: 51.00%
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Rose Plantation and Rose Oil Extraction

There are more than 5000 varieties of rose in India of which only a few yield essential oils. The varieties that are grown in India for obtaining essential oils are rosa damascena mill (Fasli Rosa) and rosa borboniana desp (Edward Rose). Generally, rose plants are 6ft high from the land. The Maharashtra, Tamil Nadu, Karnataka, and West Bengal are the most rose farming project state in India. The successful commercial rose farming process mostly depends on the varieties of rose flower. In latest technology, there are many rose planting methods are available but the rose cultivation in greenhouse method is very famous and convenient for rose plants. The Indian Floriculture market was worth INR 188.7 Billion in 2019. Floriculture also known as flower farming refers to the cultivation of flowering and ornamental plants. Although flowers have been an integral part of the Indian society and were cultivated for various purposes ranging from aesthetic to social and religious purposes, the commercial floriculture industry has been of recent origin. A strong increase in the demand for cut and loose flowers has made floriculture as one of the important commercial trades in Indian agriculture. Looking forward, IMARC Group expects the Indian Floriculture market to exhibit strong growth during 2020-2025. The increasing importance of natural extracts as pharmaceutical & natural cosmetic aid and their use as nutraceutical ingredients in recent times has opened up new vistas for this sector besides their widespread use as flavor & fragrance ingredients. India will play a dominant role in the production & processing of these natural extracts. Country's biodiversity coupled with competent scientific force, make our country as the best choice to become a foremost leader in aroma business in the coming years. The rose oil helps to provide an even tone complexion by diminishing redness from skin. Moreover, its property to reduce and tackle inflammation to skin makes it more preferable among the consumers. The product is mostly preferred by the consumers having dry and sensitive skin as the product helps to soothe and moisturize the skin for a longer period. The above-mentioned factors are beneficial for the skin sensitive population, thereby driving the sales of the product. Rise in disposable income among consumers to purchase skincare products irrespective of cost factor is anticipated to impact the growth of the rose oil market in the coming years. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Givaudan (India) Pvt. Ltd. Pond'S (India) Ltd. South East Agro Inds. Ltd. Ultra International Ltd. Unilex Colours & Chemicals Ltd. Industrial Perfumes Ltd. Kancor Ingredients Ltd. Kanta Enterprises Pvt. Ltd.
Plant capacity: Rose Oil (Packed in 100 ml size Bottle) : 0.7 Ltrs / Day Rose Water (Packed in 100 ml size Bottle): 2,500 Ltrs / DayPlant & machinery: Rs 150 lakhs
Working capital: -T.C.I: Cost of Project: Rs 564 lakhs
Return: 29.00%Break even: 58.00%
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Toothpaste

Toothpaste is a paste or gel to be used with a toothbrush to maintain and improve oral health and aesthetics. Since their introduction several thousand years ago, toothpaste formulations have evolved considerably - from suspensions of crushed egg shells or ashes to complex formulations with often more than 20 ingredients. Among these can be compounds to combat dental caries, gum disease, malodor, calculus, erosion and dentin hypersensitivity. Furthermore, toothpastes contain abrasives to clean and whiten teeth, flavors for the purpose of breathe freshening and dyes for better visual appeal. Effective toothpastes are those that are formulated for maximum bioavailability of their actives. This, however, can be challenging as compromises will have to be made when several different actives are formulated in one phase. Toothpaste development is by no means complete as many challenges and especially the poor oral substantively of most active ingredients are yet to overcome. The global toothpaste market is projected to grow at a CAGR of 6.1% during the forecast period. The toothpaste market was valued at USD 26.09 billion in 2018, and it is projected to reach USD 36.98 billion by 2024. Increasing dental problems among children and adults, due to poor eating habits, and the rise in popularity for herbal oral care products are the factors primarily driving the global toothpaste market. The rapidly changing lifestyle, improper diet, including sugar-rich diets, and the increased consumption of alcohol and tobacco have made oral health one of the major public health problems in almost every part of the world. The impact of oral diseases on people's everyday lives is subtle and pervasive, influencing food habits, sleep, rest, social roles, and almost every phase of the day. Collectively, oral diseases and disorders create substantial pain and suffering. Owing to this, consumers across the world have started paying immense attention to maintaining their oral health, which has led to an increase in the sales of toothpaste across the world. Thus, due to demand it is best to invest in this project.
Plant capacity: Toothpaste 35 gms Tubes : 28,572 Tubes / Day Toothpaste 70 gms Tubes: 14,286 Tubes / Day Toothpaste 140 gms Tubes: 7,143 Tubes / DayPlant & machinery: Rs 173 lakhs
Working capital: -T.C.I: Cost of Project: Rs 2185 lakhs
Return: 22.00%Break even: 44.00%
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Hospital 30 Bedded

A hospital is meant to treat patients suffering from various ailments. Doctors with their dedicated spirit serve the nation at large by providing medication and treatment for eradication of diseases, which exchange health and add suffering to humanity. Normally a teaching facilities or college is associated with a hospital. Hospitals provide the facilities of O.P.D. and admission for seriously ill seriously injured, seriously burnt and pregnant ladies, causalities etc. In the very beginning, there was government owned hospitals where one had to pay no money for treatment. Then, a private ward facility was started in the hospitals. The patient had to pay rent for a private room while medicines and doctors were available free of cost. The private ward helped the patient to avoid the untidiness of a general ward and noise etc. The patients, who were in a position to afford the room rent, were admitted to private rooms. The poor's, however, got admission in rushed general wards. The hospital industry in India, accounting for 80% of the total healthcare market, is witnessing a huge investor demand from both global as well as domestic investors. The hospital industry is expected to reach $ 132 bn by 2023 from $ 61.8 bn in 2017; growing at a CAGR of 16-17%. Indian healthcare sector is much diversified and is full of opportunities in every segment which includes providers, payers and medical technology. With the increase in the competition, businesses are looking to explore for the latest dynamics and trends which will have positive impact on their business. The Indian middle class is expected to grow the most with the workforce in the age group of 15 – 59 years of age set to reach 325 million by the year 2050. The demand for health services aided by higher disposable income, greater insurance penetration and improved awareness levels are factors which are set to be the main drivers of the healthcare boom. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Adani Hospitals Mundra Pvt. Ltd Ahalia Healthcare Ltd. Alchemist Hospitals Ltd. Alps Hospital Ltd. Apollo Rajshree Hospitals Pvt. Ltd. Asia Healthcare Devp. Ltd. Assam Hospitals Ltd. Aster D M Healthcare Ltd. B P Poddar Hospital & Medical Research Pvt. Ltd
Plant capacity: Special Ward Patients: 2 Patients / Day General Ward Patients: 16 Patients / Day Double Bedded Patients: 4 Patients / Day HDU/ICU Patients: 10 Patients / Day OPD Patients: 60 Patients / Day X-Rays: 10 Patients / Day EEG/EMG & PPlant & machinery: Rs 347 lakhs
Working capital: -T.C.I: Cost of Project: Rs 604 lakhs
Return: 20.00%Break even: 55.00%
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Liquid Glucose & Fructose from Broken Rice

Liquid glucose is a solution of glucose suspended in liquid and sold in jars or tubs. Many companies manufacture glucose in powdered form to which water can be added to make liquid glucose, to make transportation of this product easier. Liquid glucose is available from a variety of sources, depending on how one intends to use it. Medical suppliers sometimes carry it, as do some grocery stores, especially stores with a large baking section. This monosaccharide is produced through the processing of starches such as corn and wheat. Rice Fructose Syrup is very sweet with Fructose content ranging from 40-90%. As a substitute of sucrose, Rice Fructose syrup contains higher sweetness than sucrose and has wider applications. Commercially it is widely used in food, canned fruit, jam, dairy products, beverage, tobacco, cold drink, fruit juice, preserved fruit, wines, heath food, salad dressings, household seasonings and chemicals. High Fructose Rice Syrup can partially or totally replace sucrose in beverage production or food processing. Fructose is majorly used in the production of nutrition bars, soft moist cookies, pourable frozen juice concentrates and energy-reduced products. It is commercially available in syrup and crystalline forms. High fructose corn syrup, which is the major product segment in the market, is expected to experience reduced demand on account of growing concerns regarding obesity. Fructose syrups is the fastest growing product segment and expected to register a CAGR of 4.7% from 2017 to 2025 due to increased demand from the beverage manufacturing industry. The glucose syrup market is classified based on grade as food, Pharma, and others. The food-grade segment is anticipated to generate revenue of USD 1.4 billion by 2025. High demand for sweeteners in the confectionery grades and growth of the bakery industry are the key factors boosting the segment growth. Liquid Glucose is mainly used in Candy Confectionery and Sweet Making Pharmaceuticals, Flavoring etc. The demand in these regions is stable and drives the development of Liquid Glucose Market. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Kasyap Sweetners Ltd. Laxmi Starch Ltd. Gujarat Ambuja Proteins Ltd. Gulshan Polyols Ltd. K G Gluco Biols Ltd. Kamala Sugar Mills Ltd.
Plant capacity: Liquid Glucose : 112 MT / Day Fructose : 80 MT / Day Broken Rice Protein (Bye Product) : 8 MT / DayPlant & machinery: Rs 3936 lakhs
Working capital: -T.C.I: Cost of Project : Rs 5941 lakhs
Return: 26.00%Break even: 45.00%
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Geotextiles for Road and Construction

Geotextiles were used in roadway construction to stabilise roadways and their edges. These early geotextiles were made of natural fibres, fabrics or vegetation mixed with soil to improve road quality, particularly when roads were made on unstable soil. Recently have geotextiles been used and evaluated for modern road construction. Geotextiles today are highly developed products that must comply with numerous standards. Geotextiles should fulfill certain requirements like it must permit material exchange between air and soil without which plant growth is impossible, it must be penetrable by roots etc. and it must allow rain water to penetrate the soil from outside and also excess water to drain out of the earth without erosion of the soil. To obtain all these properties in geotextiles, the proper choice of textile fibre is important. The different synthetic fibers used in geotextiles are nylon, polyester, polypropylene while some natural fibres like ramie, jute etc. can also be used. The global geotextiles market is expected to be over $12 billion by 2024, growing at a rate of 5-7 per cent. Rapid urbanization in China, India and Brazil along with favorable government initiatives to improve infrastructure will favor the housing, transport, and construction and energy industries, thereby scaling up the size of the geotextiles industry. Increasing environmental concerns along with a shift in consumer trends towards green buildings and material is likely to positively influence industry growth. In India, the geotextiles market is expected to continue the momentum of double-digit growth on the back of a strong infrastructure push. Growing road construction in the country is one of the major factors expected to aid the geotextiles market. The railway sector is another fast emerging application area for geotextiles, as upcoming metro rail, bullet train and high speed train projects in the country are expected to fuel the demand for geotextiles. Geotextiles are being widely and increasingly used in the infrastructure sector to construct retaining walls and steep slopes, highways, airports, municipal landfill sites (under Central Pollution Control Board guidelines), for ground improvement and shore protection works, etc. With climate change and the increasing carbon footprint posing a huge challenge, geotextiles products offer sustainable solutions. The potential for the use of geotextiles is dependent on the soil type in a project area. Some of the areas where these materials can be used are in black cotton soils, coastal and delta regions, hilly terrain and in reinforced soil structures. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Parry Enterprises India Ltd. Skaps Industries India Pvt. Ltd. Strata Geosystems (India) Pvt. Ltd Techfab (India) Inds. Ltd. Terram Geosynthetics Pvt. Ltd. Maccaferri Environmental Solutions Pvt. Ltd.
Plant capacity: Geotextiles for Road & Construction: 2,934 Kgs / DayPlant & machinery: Rs 326 lakhs
Working capital: -T.C.I: Cost of Project: Rs 665 lakhs
Return: 28.00%Break even: 57.00%
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Corn Starch based Biodegradable Tableware

Biodegradable tableware, as the name suggests, are fully compostable and biodegradable; hence, they are widely used globally in order to reduce plastic waste and greenhouse emissions, such as methane emissions. This type of tableware can be made from sugarcane bagasse, bamboo, paper pulp, and other disposable material. These tableware are superior in strength and are environment friendly. Biodegradable tableware includes food containers and tableware such as bowls, plates, cups and meal trays, which decompose within 30 to 60 days after being discarded. Biodegradable corn starch tableware products are to use all tree-free materials, specifically, corn starch, consists of 90% of corn starch. 100% natural and healthy. Add certain water to corn starch and stir in a mixer machine, then fill certain amount of materials to the pressing machine and prototype by pressing machine, and then coating with waterproof membrane on product inner surface, and packaging after drying. Rising awareness regarding the ill effects of plastic tableware, awareness about the benefits of environmental friendly tableware, increasing adoption of non-toxic and petroleum free products, increasing disposable income and extending investment in research and development are some of the significant factors that are projected to result in the market growth. Additionally, the sustainability trend has led to the packaging industry to adopt a change in the materials used by them. These sustainability-centered initiatives and the need for change in packaging formats along with other prominent industry trends have been impacting the packaging industry. This is evolving consumer preferences, cost constraints, e-commerce, and favorable government regulations for permitting biodegradable tableware market which is further estimated to boost the market growth with notable CAGR during the forecast period 2020-2028. In recent years, a number of social events and international sport events have made efforts to popularize biodegradable cutlery. Manufacturers also have been coming out with exotic design. The biodegradable cutlery market have prospered on the back of these initiatives. Further, as the use of single-use plastics have been cutting flak from several quarters in various parts of the world, biodegradable cutlery is coming out as promising cost-effective options, feels investors in the market. Growing demand for disposable and inexpensive utensils in various emerging economies is catalyzing the rise in the biodegradable cutlery market. They have gathered traction in a range of large gatherings such as parties, rallies, and social events. In several parties and big events, the demand for reusable spoons and plates is fast gathering steam. Thus, due to demand it is best to invest in this project.
Plant capacity: Biodegradable Plate 9" Size (10 Pcs. Each Box): 6,000 Nos / Day Biodegradable Bowl 6" Size (10 Pcs. Each Box) : 800 Nos / Day Biodegradable Cup (10 Pcs. Each Box): 1,333.3 Nos / Day Biodegradable Lunch Box with Hinged Lid 650 ml (10 Pcs. Each Plant & machinery: Rs 40 lakhs
Working capital: -T.C.I: Cost of Project : Rs 159 lakhs
Return: 28.00%Break even: 65.00%
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Cellulose Fiber

Cellulose or cellulosic fibers are fibers structured from cellulose, a starch-like carbohydrate. They are created by dissolving natural materials such as cellulose or wood pulp, which are then regenerated by extrusion and precipitation. Cellulose fibers can be used to create a wide range of fabrics, from a heavy denim or corduroy to a light muslin or organza. Examples of cellulose fibers include hemp, linen, cotton, ramie, and sisal. Cellulose fibers are fibers made with ethers or esters of cellulose, which can be obtained from the bark, wood or leaves of plants, or from other plant-based material. In addition to cellulose, the fibers may also contain hemicelluloses and lignin, with different percentages of these components altering the mechanical properties of the fibers. Growing demand for cellulose fibers in textile and apparel industry Increasing consumption of cellulose fiber in textile industry is one of the major driver supporting the growth of overall market. Rise in disposable income and changing fashion trend is expected to drive the textile and apparel industry. Also, growing automotive and building &construction industry will continue to demand for non-clothing textiles. All these factors are expected to boost the demand for cellulose fibers. Cellulose Fiber Market is forecasted to reach $42.2 billion by 2025, after growing at a CAGR of 8.1% during 2020-2025. With rise in the consumption in textile industry coupled with growing population, is expected to fuel the demand of cellulose fiber. Growing public interest towards sustainable, skin-friendly, biodegradable, and environment-friendly products will further enhance the overall market demand for cellulose fibers during the forecast period. Increasing adoption of sustainable, skin-friendly, biodegradable, and environment friendly products Changing consumer preferences towards adoption of environmental friendly products is further fueling the demand of cellulose fibers. Cellulose fiber has numerous advantages over conventional fiber which makes it material of choice. Cellulose properties such as skin-friendly, biodegradable, and environmentally friendly would further fuel the growth of the market. Thus, due to demand it is best to invest in this project.
Plant capacity: Cellulose Fiber : 20 MT / DayPlant & machinery: Rs 154 lakhs
Working capital: -T.C.I: Cost of Project: Rs 686 lakhs
Return: 27.00%Break even: 61.00%
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Pulp Based Fruit Drink Manufacturing (Automatic Plant)

Fruit pulps have high ber content, are rich in nutrients and are shelf stable. Fruit pulp is the most basic food product obtained from fresh fruit processing. Fruit pulp scan be cold stored for long periods of time. One advantage of processing fruit pulp at industrial level is that fruits, that are native to particular region, can be consumed by people all over the globe. Consumption of fruit pulpits rising continuously due to the consumer preference for healthy food products. In the food processing industry, fruit pulp, a commonly found product, is often used as an ingredient in manufacturing of fruit drinks. Fruits drinks are health drinks; it is largely used throughout the society and popularity of fruit drinks are gradually increases. There is good scope of export of fruit fresh drinks. Good food technologists are available in India who can provide the technology of fruit drinks processing and bottling the same. The fruit drink industry coupled with beverage industry is considered to be one of the largest industrial sectors in India. It is to growing at a robust rate of 27%. Modernization of this industry, in consonance with the change in urban life style, massive shift of rural population to the urban areas, growth in population, etc., predict a growing potential for instant solutions in fruit drink segment of the beverage industry. The global fruit beverages market size was valued at USD 33.92 billion in 2018 and is projected to expand further at a CAGR of 6.2% from 2019 to 2025. The market is expected to witness stable growth during the next five years. Fruit juice refers to a non-fermented beverage which is obtained by mechanically squeezing or macerating fruits. Different types of fruit juice offer varied health benefits, for instance, avocado juice boosts natural energy in the body; watermelon juice keeps the body hydrated and improves metabolism; papaya juice caters healthy digestion; lemon juice fights viral infections, and pineapple juice reduces cholesterol levels. This, coupled with the refreshing taste and longer shelf-life of fruit juice, makes it one of the most widely consumed beverages across the globe. This growth is attributed to the increasing demand for fruit beverages in emerging countries including China and India. The canned and fresh juices packaging segment is expected to generate the maximum market share by 2025. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Canfruit Export India Ltd. Exotic Fruits Pvt. Ltd. Foods & Inns Ltd. Keventer Agro Ltd. Koyna Agro Inds. Ltd. Maa Fruits India Pvt. Ltd. Saish Agro Food (India) Pvt. Ltd. Seabuckthorn Indage Ltd. Srini Food Park Pvt. Ltd. Sri Varsha Food Products India Ltd. Swastik Fruits Products Ltd.
Plant capacity: Mango Fruit Drink: 12,000 Ltrs / Day Litchi Fruit Drink : 12,000 Ltrs / Day Guava Fruit Drink: 12,000 Ltrs / Day Orange Fruit Drink : 12,000 Ltrs / Day Lemon Fruit Drink: 12,000 Ltrs / DayPlant & machinery: Rs 665 lakhs
Working capital: -T.C.I: Cost of Project : Rs 5119 lakhs
Return: 31.00%Break even: 32.00%
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Active Pharma Ingredients • Azithromycin • Cefixime • Telmisartan • Diclofenac sodium • Acecloflenac

Active pharmaceutical ingredients are the active substances that are used in the manufacture of a drug and have a pharmacological effect. They provide health benefits and play a vital role in disease diagnosis, prevention, and treatment. Active pharmaceutical ingredients may be synthesized either chemically or through biotechnological methods. The Active Pharmaceutical Ingredient (API) is the part of any drug that produces the intended effects. Some drugs, such as combination therapies, have multiple active ingredients to treat different symptoms or act in different ways. Active pharmaceutical ingredient (API), is the term used to refer to the biologically active component of a drug product (e.g. tablet, capsule). Drug products are usually composed of several components. The aforementioned API is the primary ingredient. Other ingredients are commonly known as "excipients" and these substances are always required to be biologically safe, often making up a variable fraction of the drug product. The procedure for optimizing and compositing this mixture of components used in the drug is known as "formulation." The global active pharmaceutical ingredient market size is expected to reach a value of USD 286.6 billion by 2027, registering a CAGR of 6.7% over the forecast period. Factors, such as increasing preference for outsourcing APIs and growing prevalence of various target diseases such as cancer and Cardiovascular Diseases (CVDs) are expected to drive the market growth. The Asia Pacific is expected to emerge as the fastest-growing regional market due to rapidly increasing the prevalence of therapeutic and chronic diseases i.e., diabetes, cancer etc. with rising population in this region. According to WHO, around 65% of all cancer deaths occur in developing countries and the number of global cancer deaths is projected to increase by 45 percent from 2007 to 2030 with from 7.9 million to 11.5 million deaths influenced by rise in consumption of tobacco use, unhealthy diet, insufficient physical activity and the harmful use of alcohol in this region. The active pharmaceutical ingredients market gets a major boost from the growing prevalence of cardiovascular conditions, infectious diseases, and various other chronic disorders. Other than these, the rise in various genetic disorders has driven the use of biologicals and biosimilars, the world over. In many instances, biosimilars are the most preferred owing to them being low-cost. Biosimilars have the potential of creating a highly sustainable healthcare system which makes way for innovation, allowing more patients to receive the optimum care. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Alpha Remedies Ltd. Ankur Drugs & Pharma Ltd. Aurobindo Pharma Ltd. Farmson Pharmaceutical Gujarat Pvt. Ltd. Glaxosmithkline Pharmaceuticals Ltd. Sanofi India Ltd. Piramal Enterprises Ltd. Teva Pharmaceutical & Chemical Inds. India Pvt. Ltd.
Plant capacity: Azithromycin: 500 Kgs / Day Cefixime: 500 Kgs / Day Telmisartan: 50 Kgs / Day Diclofenac Sodium: 500 Kgs / Day Aceclofenac: 500 Kgs / DayPlant & machinery: Rs 155 lakhs
Working capital: -T.C.I: Cost of Project : Rs 729 lakhs
Return: 31.00%Break even: 61.00%
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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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