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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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Industry of Silicone Sealants (Acetic, Natural, MS & PU Types)

Silicones are a broad category of speciality, high-performance materials that include reactive silanes, silicone fluids, and silicone polymers. They're employed in a wide range of consumer and industrial applications. Silicone sealant is a type of adhesive that comes in a liquid form. It usually has the appearance, feel, and behaviour of a gel. It is chemically distinct from other organic polymer-based adhesives. Sealants are commonly chosen because of their capacity to fill gaps, prevent relative substrate movement, and exclude or enclose another substance. Sealants are commonly chosen because of their capacity to fill gaps, prevent relative substrate movement, and exclude or enclose another substance. They have a lower strength than adhesives, but they are more flexible. Sealants are also used as electrical and thermal insulators, fire barriers, and smoothing, filleting, and faying materials. A sealant serves three primary purposes, regardless of the application: 1. It is used to bridge the gap between two or more substrates. 2. It creates a barrier due to the sealant's physical qualities as well as its adhesion to the substrate. 3. It retains its sealing ability over the projected lifetime, service conditions, and environmental conditions. Silicone sealants are viscous polymers used in a range of industries as sealants. These sealants differ from typical adhesives in terms of elasticity and strength. The emerging nations' expansion of the automotive and transportation sectors, as well as the building and construction sectors, will provide significant growth prospects for the silicone sealants market. For example, infrastructure construction in Asia was valued at USD 1,030.7 billion in 2018 and is expected to grow at an annual rate of 8.9% through 2023, reaching USD 4,622.3 billion. Through 2027, rising construction activity in the region as a result of growing urbanization and industrialization may support silicone sealants market trends.
Plant capacity: Silicone Sealant 300 ml Plastic Cartridges 2,666.7 Packs per day Silicone Sealant 300 ml Aluminium Foil Packages 2,666.7 Packs per dayPlant & machinery: 27 Lakhs
Working capital: -T.C.I: Cost of Project: 283 Lakhs
Return: 30.19%Break even: 75.69%
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Investment Opportunities in Business of Adhesive (Fevicol Type)

Any non-metallic substance applied to one or both sides of two separate items that binds them together and prevents their separation is known as adhesive, also known as glue, cement, mucilage, or paste. Adhesives have some advantages over conventional binding processes like sewing, mechanical fastenings, and welding. These advantages include the capacity to bind diverse materials together, a more efficient stress distribution across a joint, the cost-effectiveness of a simple mechanised process, and increased design freedom. Adhesives are usually categorised by adhesion mechanism, then reactive or non-reactive, which relates to whether or not the adhesive chemically reacts to harden. Alternatively, they might be classified according to their first physical phase or if the basic material is natural or synthetic. Physical Properties: • High cohesive strength is desirable. • Adhesion to a range of substrates allows bonding of incompatible materials if necessary. • By flexing with peel tension, flexibility promotes peel strength. • The substrate's and adhesives high elastic modulus resists stress at the bond line. • The adhesive's high damping ability distributes dynamic stresses such as vibration, motion, and impact across the bond, as well as peel stresses at the bond line. The Indian adhesives market is predicted to develop at a CAGR of 6%, owing to technological improvements and increased infrastructure. The adhesives market in India will increase as a result of macroeconomic variables such as low per capita consumption and rising disposable income. Paper and packaging, medical and hygiene, as well as consumer and construction, will all enjoy growth in the worldwide adhesives and sealants market from 2019 to 2021. Few Indian Major Players 1. D H Resins & Chemicals Pvt. Ltd. 2. D I C India Ltd. 3. F C L Technologies & Products Ltd. 4. Feroke Boards Ltd. 5. Golden Chem-Tech Ltd. 6. Henkel Adhesives Technologies India Pvt. Ltd. 7. Konar Organics Ltd. 8. Leela Packagings Ltd.
Plant capacity: Adhesive (Fevicol Type) 10.0 MT per DayPlant & machinery: 17 Lakhs
Working capital: -T.C.I: Cost of Project: 161 Lakhs
Return: 26.70%Break even: 65.62%
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Production of Bicarbonate Cartridge Acid Concentrate Hot Disinfectant Cold Disinfectant

When mixed with acid concentration and pure water, a Bicarbonate Cartridge containing sodium bicarbonate powder creates fresh dialysate online. Fast and simple to load, with a variety of cartridge volumes to meet various treatment times. Liquid acid concentrations in a ready-to-use form for use with bicarbonate concentrate powder. When coupled with bicarbonate concentrate and pure water, nipro acid concentrates make it simple to make fresh online dialysate. Heat Disinfection is the thermal destruction of pathogenic and other bacteria. Disinfection is a safer alternative to sterilization. It kills the majority of pathogenic germs, although it doesn't necessarily kill all microbial types. A disinfecting solution that is effective for the patient, equipment, and operators. It works in all kinds of dialysis devices. All microorganisms, including viruses, bacteria, spores, fungus, and even the most resistant species, are killed by the cold disinfection solution. Due to the rigorous procedures involved in hemodialysis therapy, hospitals and diagnostic centers retain a dominant position in the market. As a result, end users account for a large percentage of the entire bicarbonate cartridge industry. However, the continued usage of dialysis machines around the world will create a significant growth opportunity for bicarbonate cartridge-based versions.
Plant capacity: Bicarbonate Cartridge 720 166.7 Nos. per day Bicarbonate Cartridge 650g 500.0 Nos. per day Acid Concentrate 666.7 Nos. per day Hot Disinfectant 33.3 Nos. per day Cold Disinfectant 33.3 Nos. per dayPlant & machinery: 53 Lakhs
Working capital: -T.C.I: Cost of Project: 1153 Lakhs
Return: 25.28%Break even: 35.25%
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Lucrative Business of IV Fluids (BFS Technology)

Intravenous fluids are fluids that are supplied intravenously, or directly through the circulatory system, to a patient. When a person's bodily fluid volume drops, they are given fluids. A drop in fluid volume can be caused by a variety of factors. Intravenous fluids are divided into two categories. Crystalloids, such as saline solutions, contain a solution of water-soluble molecules. • Electrolyte metabolism and treatment of waste water, especially in extreme cases. • Treatment for acid-base imbalances. • Volume substitution and replacement in the surgery of an accident victim who has lost blood. • Dextrose solution is utilized during the postoperative period when sodium extraction is reduced, and it is used for severally unwell and post-operative patients. The global intravenous solutions market is estimated to reach USD 18.9 billion by 2028, with a compound annual growth rate (CAGR) of 7.9% from 2021 to 2028. The market is likely to be driven by a rising incidence rate of chronic diseases such as cancer, an increase in the number of premature births, and a lack of I.V. solutions in the United States. Severe dehydration is one of the most common uses for intravenous (IV) fluids. In disorders like diarrhoea, severe dehydration occurs as a result of the body's fluids being depleted. The continuing COVID-19 epidemic is likely to boost the market's performance. Due to the significant intake of patients infected with severe acute respiratory syndrome coronavirus 2, intensive care units (ICU) around the world are either at maximum capacity or overcrowded (SARS-CoV-2).
Plant capacity: IV Fluids (500 ml Size Bottle) 100,000.0 Bottles per dayPlant & machinery: 751 Lakhs
Working capital: -T.C.I: Cost of Project: 1277 Lakhs
Return: 26.48%Break even: 54.19%
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Start Manufacturing Plant of Menthol Crystal

Menthol is a crystalline white substance. It can be made from natural sources or synthetically. The melting temperature of natural or synthesised laevo menthol is between 41 and 44°C, making it only therapeutically active. Some manufacturers categorise crystals based on their shape and size, and thus use a variety of terms, such as bold crystals, medium crystals, medium extra crystals, and medium extra-large crystals. Menthol crystals are excellent inhalants in and of themselves, and they're simple to use into recipes. It can be used as a natural insecticide, which means it can be used in the garden when other insects or honey are present. 1. Menthol is a hair growth stimulant that can be used by combining menthol crystals with hair oil. 2. Menthol crystal is also useful for sunburns; when blended with aloe vera gel, it soothes sunburns. 3. It removes dark sports and minimises black and white heads. 4. Menthol inhibits the spread of plague or kills germs that can cause gingivitis. Menthol crystals are obtained primarily from natural sources, and as a result, they are rising in popularity in both developed and developing countries. The expansion of natural based products from many industries is being pushed by manufacturers' increasing focus on natural and sustainable products. The cosmetics sector is highly regulated, thus natural-based raw ingredients are in great demand when producing cosmetics. In the next years, this is projected to drive the menthol crystals market. Few Indian Major Players 1. Bhagat Aromatics Ltd. 2. Everest Flavours Ltd. 3. Halcyon Life Sciences Pvt. Ltd. 4. Jindal Drugs Pvt. Ltd. 5. Malik Polychem Ltd. 6. Rupangi Impex Ltd. 7. Sharp Mint Ltd. 8. Swati Menthol & Allied Chemicals Ltd.
Plant capacity: Menthol Crystal 1,000.0 Kgs per day Dmentha Oil 333.3 Kgs per dayPlant & machinery: 196 Lakhs
Working capital: -T.C.I: Cost of Project: 643 Lakhs
Return: 28.87%Break even: 52.17%
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Emerging Business of Surgical Methylated Spirit (Denatured Alcohol/Surgical Spirit)

Methylated spirits is a colourless, transparent liquid that is used in a range of industrial and domestic applications. Methylated spirits have a boiling point of 78°C and a flashpoint of 11°C. Because they contain a denaturant that prohibits them from being eaten, methylated spirits are also known as denatured alcohol. The methylated spirits from Sydney Solvents are made up of 99 percent methylated spirits and 1% bitrex. If the methylated spirits did not contain denaturant, it would be classified as ordinary alcohol that is safe to consume. • As a common home remedy for sterilising and hardening the skin, especially on the feet of hill hikers and runners to prevent blisters. • When learning to play stringed instruments like the guitar or cello, to "toughen up" sensitive skin on the fingertips. • To treat and prevent bed sores in people who are confined to their beds. • Surgical Spirit tightens, hardens, and disinfects the outer layer of skin for the treatment of minor wounds and abrasions, acting as a disinfectant and leaving the skin bacteria-free. Surgical spirits can be used to destroy bacteria, viruses, and fungi. They have the ability to penetrate the lipid layer of the bacteria cell wall, causing damage to the cell membrane and the destruction of the organism's internal components. Surgical spirits, on the other hand, are antiseptics but not sterilisers because they do not kill bacterial spores. As a result, they're fine for regular use and modest medical treatments, but they're not up to the task of cleaning instruments. Surgical spirits can be used to treat cuts and as a household disinfectant. Surgical spirits are ethanol solutions that contain methanol and other harmful ingredients that make them unfit for human ingestion. Few Indian major players 1. Adroit Pharmaceuticals Pvt. Ltd. 2. Bajaj Hindustan Sugar Ltd. 3. Bhalkeshwar Sugars Ltd. 4. Deepak Fertilisers & Petrochemicals Corpn. Ltd. 5. Sharayu Agro Inds. Ltd.
Plant capacity: Surgical Methylated Spirit 1 Ltr Size Bottle 4,000.0 Nos. Per Day Surgical Methylated Spirit 5 Ltr Size Bottle 480.0 Nos. Per Day Surgical Methylated Spirit 20 Ltrs. Size Cans 80.0 Nos. Per DayPlant & machinery: 79 Lakhs
Working capital: -T.C.I: Cost of Project: 265 Lakhs
Return: 27.53%Break even: 54.72%
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Start a E-Waste Recycling Plant Waste Electrical & Electronic Equipment (WEEE)

Electronic wastes, often known as "e-waste," "e-scrap," or "Waste Electrical and Electronic Equipment," or "WEEE," are surplus, obsolete, defective, or abandoned electrical or electronic devices. Electronic garbage, often known as e-waste, refers to obsolete electronic devices such as computers, laptops, televisions, DVD players, mobile phones, and MP3 players. End-of-life information- and telecommunications equipment, as well as consumer devices, are frequently regarded as e-waste in a narrower sense. Electronic garbage, on the other hand, is officially a subset of WEEE (Waste Electrical and Electronic Equipment). The global e-waste management market was valued at $49,880 million in 2020, and is expected to grow at a CAGR of 14.3% from 2021 to 2028, to reach $143,870 million by 2028. The ever-increasing demand for rare metals, combined with their scarcity, has resulted in a rapid rise in their cost. Metals like this must be collected from e-waste and reused in another process. For example, roughly 250 kilogrammes of silver, 24 kg of gold, and nine tonnes of copper can be recovered from one million mobile phones in e-waste. This also helps manufacturers build lower-priced electrical gadgets and obtain a cost advantage over competitors. Few Indian Major Players 1. E-Parisaraa Pvt. Ltd. 2. Ecocentric Management Pvt. Ltd. 3. Greenscape Eco Mgmt. Pvt. Ltd. 4. Navrachna Recycling Pvt. Ltd. 5. Sims Recycling Solutions India Pvt. Ltd.
Plant capacity: Plastic 1.60 MT per day Ferrous Material 1.00 MT per day Aluminium 0.70 MT per day Glass 1.00 MT per day Copper 0.70 MT per dayPlant & machinery: 86 Lakhs
Working capital: -T.C.I: Cost of Project: 314 Lakhs
Return: 27.47%Break even: 60.15%
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Manufacturing Business of Paprika Oleoresin

Paprika oleoresin (also known as paprika extract or oleoresin paprika) is an oil-soluble extract derived from the fruits of Capsicum annuum or Capsicum frutescens that is largely used as a food colourant and/or flavouring. It's made up of vegetable oil (usually between 97 and 98 percent), capsaicin (the main flavouring element that gives it pungency in higher quantities), and capsanthin and capsorubin (the main colouring compounds) (among other carotenoids). Because it includes a high concentration of Vitamin E, paprika oleoresin aids in the production of red blood cells in the body. It also aids in the quick healing of wounds. Treats Skin Issues: Paprika oleresin has antibacterial characteristics, making it beneficial against any skin problem caused by bacterial infection, such as acne. Supports Healthy Digestion: Paprika oleoresin may aid digestion by boosting saliva and stomach acids, which aid in the breakdown of food and the availability of nutrients for energy. Natural resinous plant extractions are referred to as oleoresins. Aromatic liquid preparations formed from a mixture of plant matter extraction and solvents (i.e. r) are another name for them. Oleoresins' non-volatile components define the colour, flavour, and other characteristics of the raw material. The global oleoresins market is expected to be worth USD 1.2 billion in 2019 and USD 1.7 billion by 2025, growing at a CAGR of 6.0 percent between 2019 and 2025. Oleoresins are essential oil and resin component plant extracts. They contribute to the flavour and perfume of the plant from which they are derived. Oleoresins are volatile or non-volatile chemicals that are extracted from spices with the help of solvents.
Plant capacity: Paprika Oleoresin 160.0 Kgs Per Day Paprika Spent 1,093.3 Kgs Per DayPlant & machinery: 395 Lakhs
Working capital: -T.C.I: Cost of Project: 1700 Lakhs
Return: 29.32%Break even: 57.23%
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Manufacturing of Sugar from Sugar Beet

Sugar is a generic term for sweet-tasting, soluble carbohydrates, which are commonly utilised in food. Sucrose, often known as table sugar, granulated sugar, or normal sugar, is a disaccharide made up of glucose and fructose. Glucose, fructose, and galactose are examples of simple sugars, often known as monosaccharides. Compound sugars, commonly known as disaccharides or double sugars, are two monosaccharides connected by a glycosidic bond. Sucrose is a common example. Sucrose is used in prepared goods (such as cookies and cakes), is occasionally added to commercially available processed foods and beverages, and can be used as a sweetener in foods (such as toast and cereal) and beverages by individuals (e.g. coffee and tea). White granulated sugar contains 97 percent to nearly 100 percent carbs, less than 2% water, and no dietary fibre, protein, or fat (table). Brown sugar has a moderate quantity of iron (15 percent of the RDA in a 100 gramme serving, see table), however a typical serving of 4 grammes (one teaspoon) only has 15 calories and no other nutrients. Brown sugar has a deeper flavour than white sugar because it contains 5–10 percent molasses that is reintroduced during manufacturing. In 2020, the global sugar market will have a consumption volume of around 175 million tonnes. In the years 2021-2026, the market is predicted to increase at a CAGR of 1%, reaching a volume of 186 million tonnes. Sugar is a crystalline sweet material made from sugar cane and sugar beet. It's utilised in a variety of food and non-food applications all around the world. Sugar serves a range of tasks in the food sector, in addition to providing a sweet taste.
Plant capacity: Sugar from Sugar Beet 360.0 MT per dayPlant & machinery: 3679 Lakhs
Working capital: -T.C.I: Cost of Project: 6910 Lakhs
Return: 29.56%Break even: 61.68%
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Business of PET Recycling & Production of Flakes

Municipal solid waste (MSW) is garbage generated by people in their homes and places of work, and it is managed and controlled by local authorities such as cities and governments. Plastic usage has exploded in the previous two decades, with plastics now playing a vital role in almost every facet of modern life. Plastic recycling is the process of converting discarded plastic into useable material. Bottles and containers made of hard plastic can be recycled, as can films and wrappers made of non-rigid plastic. Plastic recycling is the process of converting discarded plastic into useable material. Bottles and containers made of hard plastic can be recycled, as can films and wrappers made of non-rigid plastic. The plastic recycling market is divided into segments based on the type of resin used, such as PET. PET stands for polyethylene terephthalate, which is the most popular thermoplastic polymer resin in the polyester family and is used in garment fibres, liquid and food containers, and thermoforming for manufacturing. One of the most prevalent forms of plastic is polyethylene terephthalate, or PET (also known as PETE). PET is used to make the majority of single-serve plastic bottles, such as those for water, soft drinks, and juices. PET is used to make plastic fibres, videotape, audiotape, film, engineered resin, and food containers, among other consumer and industrial items. Asia Pacific was the largest regional market in 2020, which accounted for a revenue share of over 45. The regional market is characterized by the easy availability of land along with a low-cost, skilled labor force. PET bottles are becoming a bigger part of the trash and litter problem, especially in developing countries. The global recycled polyethylene terephthalate market was valued at USD 8.56 billion in 2020, and it is predicted to increase at a CAGR of 6.7 percent between 2021 and 2028. Consumer behaviour is shifting toward sustainability, which is driving market growth. Few Indian Major Players 1. Ahimsa Industries Ltd. 2. Bharat Pet Ltd. 3. Dalmia Polypro Inds. Pvt. Ltd. 4. F C L Technologies & Products Ltd. 5. Futura Polymers Ltd. 6. Garden Polymers Pvt. Ltd.
Plant capacity: Recycled PET Flakes 64.0 MT per dayPlant & machinery: 174 Lakhs
Working capital: -T.C.I: Cost of Project: 440 Lakhs
Return: 30.45%Break even: 71.77%
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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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About NIIR PROJECT CONSULTANCY SERVICES

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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Selection of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

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