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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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Recycled Polyester Fiber from used PET Bottles

Polyester is popular because it resists stretch and wrinkles, provides flexibility and comfort, doesn’t shrink, and is easy to wash and wear. It’s easily blended with cotton and wool and can pack serious durability and weather resistance. However, these qualities come with a significant cost. Polyester is not biodegradable. It’s made from crude oil, which tops the charts as the most polluting industry in the world. Similarly, polyester dyes are far from environmentally friendly?—in fact, they’re toxic to humans. Lastly, the process of creating polyester is energy-intensive and requires large quantities of water. Polyesters are also used to make bottles, films, tarpaulin, sails (Dacron), canoes, liquid crystal displays, holograms, filters, dielectric film for capacitors, film insulation for wire and insulating tapes. Polyesters are widely used as a finish on high-quality wood products such as guitars, pianos and vehicle/yacht interiors. Thixotropic properties of spray-applicable polyesters make them ideal for use on open-grain timbers, as they can quickly fill wood grain, with a high-build film thickness per coat. Cured polyesters can be sanded and polished to a high-gloss, durable finish. It is assumed that there are approximately 165 million tons of plastics in the ocean which could be more the weight of fisheries by 2050. As there requires only some extra arrangement as a regular process could be much more effective to the environment. Only mixing the concept of plastic bottle melt filtration and fiber formation is required. By recycling, we could make a wide range of polyester fabric and at the same time, we could make a safer world. The concern for Recycled PET (RPET) has escalated in the recent years. PET bottles, which form the major market of PET packaging resin (94%), are the most important from the point of recycling. More than 90% of PET is consumed in food packaging with drinks/beverages forming almost 80% of the food packaging segment. Since drinks and beverages are consumed mostly in residential houses, railway stations, restaurants, entertainment venues, airports and other public places, the importance of organized collection and recycling of post-consumer PET bottles needs to be over emphasized. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Indo Rama Synthetics (India) Ltd. India Polyfibres Ltd. B L S Ecotech Ltd. Bombay Dyeing & Mfg. Co. Ltd. Arora Fibres Ltd. Appollo Fibres Ltd. A G L Polyfil Pvt. Ltd.
Plant capacity: Recycled Polyester Fiber: 5,000 Kgs / DayPlant & machinery: Rs 73 lakhs
Working capital: -T.C.I: Cost of Project : Rs 353 lakhs
Return: 28.00%Break even: 53.00%
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Aluminium Extruded Bar from Aluminium EN AW 6063

Aluminium is a versatile material integral to modern life. The metal is found in everything from soda cans to cell phones to window frames to airplanes. The aluminium industry can be categorized into two principal segments. The key segment is the production of primary aluminium by integrated producers engaged in the entire value chain from the mining of bauxite in an alumina refinery, and conversion of alumina into primary aluminium metal in an aluminium smelter. Primary aluminium is made commercially available in the form of ingots, billets, wire rods or properzi rods also called conductor redraw rods. The second principal segment consists of secondary/downstream producers who are engaged in the manufacture of value-added semi fabricated aluminium products such as rolled products, extrusions and foils. India is considered to be the fifth largest producer of aluminium in the world with a tremendous bauxite reserve of about 3 billion tonnes. While the major consumption of aluminium in India is done by the electrical (31%) and B&C sectors (13%), the future growth is envisaged to happen in the solar power and industrial sector. The global aluminum extrusion market reached a volume of 20.3 Million Metric Tons in 2019. The global aluminum extrusion market size is anticipated to reach USD 113.5 billion by 2025, progressing at a CAGR of 5.3% over the forecast period. Aluminum extrusion is the process of melting and transforming an aluminum alloy bar into a specific shape by pushing it through a cross-sectional die. Extruded aluminum has a high electrical and thermal conductivity, ductility and recyclability and can be customized according to the requirements of the consumer. The extruded parts also have a smooth and fine surface finish and can be polished, buffed, anodized, painted or powder-coated to enhance the aesthetic value and appeal of the product. Aluminum extrudes are cost-efficient, lightweight and corrosion-resistant, require low maintenance and have paramagnetic properties that make them a highly preferred alternative to conventional aluminum products. They find extensive application across various industries such as building and construction, transportation, machinery and equipment, consumer durables, electrical, etc. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Alufit (India) Pvt. Ltd. Aluminium Profiles Ltd C R P (India) Pvt. Ltd. Concentris Metal Strategies (India) Pvt. Ltd. E V A Alu Panel Ltd. Jindal Aluminium & Steel Ltd. Jindal Aluminium Ltd. Jayakrishna Aluminium Ltd. Kalzip India Pvt. Ltd.
Plant capacity: Aluminium Extruded Bar: 10 MT / DayPlant & machinery: Rs 183 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1422 lakhs
Return: 27.00%Break even: 58.00%
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Plastic Waste Recycling Plant

Waste is now a global problem, and one that must be addressed in order to solve the world's resource and energy challenges. Plastics are made from limited resources such as petroleum, and huge advances are being made in the development of technologies to recycle plastic waste among other resources. Mechanical recycling methods to make plastic products and feedstock recycling methods that use plastic as a raw material in the chemical industry have been widely adopted, and awareness has also grown recently of the importance of Thermal recycling as a means of using plastics as an energy source to conserve petroleum resources. Plastic, in many applications, can do a better job at a lower cost than other materials. Each plastic should be selected on the basis of its properties. Thus, each plastic is not an answer to all problems. Here in this project report we have considered Ten Plastic materials, out of that major four plastic materials have LDPE, HDPE, PP, Pet bottles and Derlin. Industrial applications like various components for Textiles, Transport Containers, Storage Containers, Bottle crates, Galvanized components for Automobiles and plumbing, woven sacks for packing a variety of products like fertilizers, powdered chemicals, pesticides, etc. sheet lining of Tanks/Vessels for chemicals. Plastic recycling refers to a process that is performed either mechanically or chemically to recover plastic waste from discarded items for production of reusable plastic. The global plastic recycling market has been gaining a steady momentum over the past few years due to the growing awareness about carbon emissions and the need to reduce them. Citing this reason, the report states that the global plastic recycling market, which was valued at US$31.5 bn in 2015 is expected to reach a figure of US$56.8 Bn by 2024. During the forecast period of 2016 and 2024, the global market is expected to progress at a CAGR of 6.9%. The market is witnessing growth due to a growing preference for recycled plastics over virgin plastics as a result of severe pollution caused by the disposal of used plastics in oceans and the scarcity of landfill areas in many countries. Factors such as increasing use of recycled plastics in many new applications in the packaging, automotive and the electrical & electronics industry and many favorable initiatives promoting the use of recycled plastics worldwide offer lucrative opportunities for the growth of the recycled plastics market. Higher cost of recycled plastics. Stringent competition with virgin plastics in terms of performance is a major factor restraining the growth of the market. The ban on import of certain waste plastic scraps to China and irregular collection of the waste plastics for its reprocessing are some of the factors challenging the growth of the global recycled plastics market globally. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Garden Polymers Pvt. Ltd. Himalayan Packaging Inds. Pvt. Ltd. Kkalpana Industries (India) Ltd. South Asian Petrochem Ltd. Renaissance Corporation Ltd. Jain Plastics & Chemicals Ltd
Plant capacity: Recycled PP Granules: 578 Kgs / Day Recycled LDPE Granules : 720 Kgs / Day Recycled HDPE Granules: 727 Kgs / Day Recycled Delrin Granules: 475 Kgs / Day Recycled PET Granules: 2,500 Kgs / DayPlant & machinery: Rs 144 lakhs
Working capital: -T.C.I: Cost of Project : Rs 380 lakhs
Return: 26.00%Break even: 68.00%
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Herbal 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. Global Herbal Toothpaste Market 2020 is on track to obtain a growth rate of 5.22% between 2019 and 2024. The global herbal toothpaste market has been segmented based on pack size, distribution channel, and region. The global market has been classified, based on pack size, as 25gm, 50 gm, 100gm, and others. The global market has been segmented, based on distribution channel, store-based, and non-store-based. The store-based segment has been further bifurcated into supermarkets & hypermarkets, convenience stores, and others. However, the herbal toothpaste market may benefit from the tariff wars imminent as a result of the Covid-19 crisis, as countries may aim to reduce imports of chemical-based toothpastes that China has taken a lead in, thereby boosting the herbal toothpaste market. The growing intake of tobacco and its rising negative impact on the oral health has driven the sale of easy to go and convenient oral care herbal products worldwide. Renowned firms in the market are taking up several initiatives to promote the sales of herbal toothpastes by spreading awareness about the benefits of these products. They are trying to convince consumers about the high effectiveness of herbal toothpastes in maintaining oral health and dental hygiene. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Colgate-Palmolive (India) Ltd. Dabur India Ltd. Herbalife International India Pvt. Ltd. Organic India Pvt. Ltd. Vicco Products (Bombay) Pvt. Ltd. Patanjali Ayurved Ltd.
Plant capacity: Herbal Toothpaste 30 gms Size Tubes: 32,000 Tubes / Day Herbal Toothpaste 80 gms Size Tubes: 12,000 Tubes / DayPlant & machinery: Rs 83 lakhs
Working capital: -T.C.I: Cost of Project : Rs 812 lakhs
Return: 34.00%Break even: 40.00%
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Aluminum Ingots from Aluminum Scrap with Dross Processing

Aluminium is a chemical element. It is a silvery white, soft, ductile metal. Aluminium is the third most abundant element (after oxygen and silicon), and the most abundant metal, in the Earth's crust. It makes up about 8% by weight of the Earth's solid surface. Aluminium metal is so chemically reactive that native specimens are rare and limited to extreme reducing environments. Instead, it is found combined in over 270 different minerals. Aluminium is remarkable for the metal's low density and for its ability to resist corrosion due to the phenomenon of passivation. Structural components made from aluminium and its alloys are vital to the aerospace industry and are important in other areas of transportation and structural materials. Indian aluminium industry is on a strong growth trajectory. Piggybacking buoyancy in the power and automotive sectors, the light metal used in appliances to aerospace, grew at a CAGR (compounded annual growth rate) of eight per cent during 2011-16. The same uptrend is expected to continue till 2020. The ‘Make in India’ drive will provide a further boost to the demand catapulting it to a level of five million tonnes (mt) by 2020 and eight mt by 2025 from the current 3.2 mt. India’s building and construction sector is another sector where aluminium will find enhanced application. In a bid to adhere to international sustainability standards, more of aluminium construction systems will be used for upcoming housing projects. Further, the defense sector of the country is opening up a gamut of opportunities for aluminium, which is used in defiance equipment like ammunition hardware, military aircraft, and missiles in the form of rolled sheets, extrusions and forgings. Rise in infrastructure development and automotive production are encouraging development in the metals and mining sector in India. India has vast mineral potential with mining leases granted for longer durations of 20 to 30 years. India produces 95 minerals– 4 fuel-related minerals, 10 metallic minerals, 23 non-metallic minerals, 3 atomic minerals and 55 minor minerals (including building and other minerals). The metal industry is a crucial sector in the Indian economy as it meets the requirements of a wide range of industries including engineering, electrical and electronics, infrastructure, automobile and automobile components, packaging etc. The metal industry comprises of two major segments: ferrous metals and non-ferrous metals. Ferrous metals primarily consist of iron and different varieties of steel. Non-ferrous metals, which include aluminium, copper, zinc, lead, nickel and tin, are used to make alloys, castings, forgings, extrusions, wires, cables and pipes. India has nearly 10% of the world’s bauxite reserves and a growing aluminium sector that leverages this. Demand in the domestic market is expected to raise by 8-10%. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Baheti Metal & Ferro Alloys Ltd. Bothra Metals & Alloys Ltd. Gravita India Ltd. Indo Alusys Inds. Ltd. Nealex Alloys Pvt. Ltd. Shree Balaji Alumnicast Pvt. Ltd. Sree Sumangala Metals & Inds. Pvt. Ltd.
Plant capacity: Aluminium Ingots: 12.5 MT / DayPlant & machinery: Rs 301 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1057 lakhs
Return: 27.00%Break even: 53.00%
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Herbal Health Drink

A drink (or beverage) is a liquid intended for human consumption. In addition to their basic function of satisfying thirst, drinks play important roles in human culture. Common types of drinks include plain drinking water, milk, etc. The Herbal Health Drink is a blend of juices extracted from freshly procured with quality herbs. The Drink is waterless, preservative less, without the use of artificial flavors. The combined goodness of the ingredients helps in keeping the energy levels high apart from helping in unblocking heart arteries, controlling high blood pressure, bad cholesterol, arthritis, cough & cold, constipation. Apple Cider Vinegar may help to restore the low acidic levels in stomach, thus improving digestion. It also helps in reducing acidity and bloating. The soft drinks industry, which is launching energy drinks, has to address the issues and concerns raised by WHO and other agencies. Otherwise the industry might face many challenges and hurdles. With huge investments coming from cola giants in the coming years, the Indian energy drinks market can witness launch of natural healthy nutrition drinks in the coming years. Global Herbal Tea Market is expected to register a CAGR of 4.94% to reach USD 4,226.9 Million by 2025. Herbal teas or tisanes are caffeine-free and do not use the leaves of the Camellia silences plant. Tisanes are made using a mixture of dried leaves, seeds, grasses, nuts, barks, fruits, flowers, or other botanical elements that provide taste and various health benefits. The global herbal tea market has been largely benefited by the high demand for functional beverages and the launch of new and innovative flavors. Several tea producers are entering the food & beverage industry, which is contributing to the growth of the herbal tea market across the globe. Furthermore, the market players are expected to witness growth opportunities due to the rising demand for organic products due to health concerns caused by chemical additives present in conventional products. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Aayush Food & Herbs Ltd. Apeejay Tea Ltd. Dabur India Ltd. Danone (India) Pvt. Ltd. Dumex Ltd. Herbalife International India Pvt. Ltd. Organic India Pvt. Ltd. Patanjali Ayurved Ltd.
Plant capacity: Herbal Health Drink 200 ml Size Bottle : 30,000 Bottles / Day Herbal Health Drink 500 ml Size Bottle : 12,000 Bottles / DayPlant & machinery: Rs 27 lakhs
Working capital: -T.C.I: Cost of Project: Rs 328 lakhs
Return: 28.00%Break even: 52.00%
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Plastic Pyrolysis (Waste Plastic to Oil Conversion)

During pyrolysis, plastic polymers are thermally degraded by heating them in the absence of oxygen. The main products of the pyrolysis process are liquid and gaseous, producing only a small amount of solid. The pyrolysis process is one of the most promising technologies in the conversion of waste plastics into high quality oil. The quantity and quality of the pyrolysis products depend on the waste plastics composition and the process parameters (temperature, residence time, catalyst, etc.) Waste plastic pyrolysis in liquid fuel (gasoline, diesel oil, etc.) or chemical raw materials not only can effectively solve the problem of white pollution, but also can alleviate the energy shortage to a certain extent. Recycling of waste plastics is expected to become the most effective way. Waste plastics’ recycling, regenerating, and utilizing have become a hot spot of research and gradually formed a new industry. Plastic has created a worldwide epidemic of increased waste disposal issues in key economies and developing countries. Thus, the implementation of stringent regulations has compelled market players in the recycled plastic and plastic waste to oil market to devise environmental-friendly strategies to convert plastic waste into useful fuel. The global plastic waste to oil market is expected to increase from ~US$ 45 Mn in 2019 to ~US$ 100 Mn by 2027. Plastic waste to oil can be defined as a technology that is used to convert non-recycled plastic into synthetic crude oil and other value-added petroleum products such as diesel, gasoline, naphtha, and fuel oil. This is an advanced waste conversion technology that is considered complementary to the existing plastic recycling technology. Plastic waste to oil technology has high potential, as landfill-bound plastics can be used as a resource to develop a valuable alternative fuel source. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Chevron Phillips Chemicals India Pvt. Ltd. Dream Green Petro-Chem Pvt. Ltd. M K Aromatics Ltd.
Plant capacity: Pyrolysis Oil: 5 MT / Day Carbon (by product): 1.67 MT / Day Gas (by product): 1 MT / DayPlant & machinery: Rs 92 lakhs
Working capital: -T.C.I: Cost of Project : Rs 312 lakhs
Return: 27.00%Break even: 58.00%
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Carbon Fibre

Carbon fibers are usually combined with other materials to form a composite. When combined with a plastic resin and wound or molded it forms carbon fiber reinforced polymer (often referred to as carbon fiber) which has a very high strength-to-weight ratio, and is extremely rigid although somewhat brittle. However, carbon fibers are also composited with other materials, such as with graphite to form carbon-carbon composites, which have a very high heat tolerance. Carbon fibers are, by far, the most widely used fiber in high-performance applications. This important technology has huge potential for the future and it is expected to have a significant impact in the manufacturing industry within India and, therefore, coordination and strategic road mapping actions are required. Composites have been widely used across industries like aerospace, wind energy, automotive, industrial, marine, oil and gas. Advanced carbon fiber composites are comparatively more expensive than metals. The choice of composites is tradeoff between cost and performance. As a result, carbon composites have made their impact in high performance vehicles, such as, jet fighters, space craft, racing cars, racing yachts and exotic sports cars. The values of global carbon fibre sales in these areas ($2.034 billion) do not, however, correspond to the volumes of carbon fibre used in the various application areas. The report adds that aerospace and defiance, for example, uses only 18% of the total quantity of carbon fibre but accounts for around 40% of the value of global sales. This sector consumed 15,000 tonnes of carbon fibres in 2012 and could reach 23,000 tonnes in 2016 and 37,000 tonnes in 2020. These figures are however less optimistic that those that were forecast by the specialists in previous years. Indeed, even if the pressure to use renewable energies is high and if legislation is increasingly restrictive, the policies of the public authorities in terms of subsidies and development strategies (offshore wind farms, etc.) can have a decisive influence on the market for composites. The carbon fiber market is projected to grow from USD 4.7 billion in 2019 to USD 13.3 billion by 2029, at a CAGR of 11.0% between 2019 and 2029. The market is growing due to its increasing demand from aerospace & defense, automotive, and wind energy industries. Entrepreneurs who invest in this project will be successful.
Plant capacity: Carbon Fibre: 1,000 Kgs / DayPlant & machinery: Rs 194 lakhs
Working capital: -T.C.I: Cost of Project : Rs 623 lakhs
Return: 27.00%Break even: 63.00%
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CARBON BLACK (Furnace Black Process)

Carbon black is virtually pure elemental carbon in the form of colloidal particles that are produced by incomplete combustion or thermal decomposition of gaseous or liquid hydrocarbons under controlled conditions. Its physical appearance is that of a black, finely divided pellet or powder. Its use in tyres, rubber and plastic products, printing inks and coatings is related to properties of specific surface area, particle size and structure, conductivity and color. Carbon black is also in the top 50 industrial chemicals manufactured worldwide, based on annual tonnage. Current worldwide production is about 8.1 million metric tons. Approximately 90% of carbon black is used in rubber applications, 9% as a pigment, and the remaining 1% as an essential ingredient in hundreds of diverse applications. Global consumption is forecast to maintain a CAGR (compound annual growth rate) of 5.6% between 2016 and 2022, reaching 19.2 million metric tons, valued at US$20.4 billion, by 2022. The most common use (70%) of carbon black is as a pigment and reinforcing phase in automobile tyres. Carbon black also helps conduct heat away from the tread and belt area of the tyre, reducing thermal damage and increasing tyre life. About 20% of world production goes into belts, hoses, and other non-tyre rubber goods. The balance is mainly used as a pigment in inks, coatings and plastics. The demand for carbon black in India stood at 984.63 thousand tonnes in 2018 and is projected to grow at a CAGR of 5.82% during 2019-2030 to reach 1853.84 thousand tonnes by 2030. Growth in the Indian packaging industry has increased the demand for carbon black in food packaging, industrial film, lamination and carrier bags and high-quality protective packaging applications. Furthermore, the Indian government’s mission to make India a 100% electric vehicle nation by 2030 under the new National Electric Mobility Mission Plan is expected to push the demand for automobiles in the coming years. This demand in turn would aid growth in ancillary industries such as tire industry, which use carbon black as their primary raw material. Moreover, the demand for industrial rubber such as in conveyor belts and hoses is anticipated to positively influence the demand for carbon black in India during 2019-2030. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Birla Carbon India Pvt. Ltd. Cabot India Ltd. Continental Carbon India Ltd. Mitsubishi Chemical India Pvt. Ltd. Murablack India Ltd. Goodluck Carbon Pvt. Ltd.
Plant capacity: Carbon Black: 33.3 MT / DayPlant & machinery: Rs 426 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1722 lakhs
Return: 27.00%Break even: 50.00%
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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. Moreover, rising premiumization and consumers seeking more targeted solutions are accelerating the growth of the market studied. The rise in consciousness of oral health has helped vendors introduce oral hygiene product categories, such as teeth-whitening products. One of the popular products used for teeth whitening is whitening toothpaste. Manufacturers offer toothpaste with teeth-whitening functionality that differs from ordinary toothpaste. To improve market position, manufacturers are constantly focusing on implementing innovative strategies and introducing a broad portfolio of products. Entrepreneurs who invest in this project will be successful.
Plant capacity: White Toothpaste 50 gms Size: 96,000 Tubes / Day White Toothpaste 240 gms Size: 16,800 Tubes / Day Striped Toothpaste 180 gms Size: 33,600 Tubes / Day Gel Toothpaste 120 gms Size: 67,200 Tubes / DayPlant & machinery: Rs 308 lakhs
Working capital: -T.C.I: Cost of Project : Rs 6936 lakhs
Return: 36.00%Break even: 34.00%
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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
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