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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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Start Profitable Manufacturing Business of Disposable Plastic Syringes | Opportunities for Entrepreneurs to Start Own Business in Medical Disposables.

Doctors had to use and reuse the same syringe on multiple patients until the medical industry advanced dramatically. This is due to the fact that syringes were pricey and scarce. As a result, it was critical for all doctors to properly sanitise the syringe after each use and sharpen it on a regular basis. Despite the fact that most doctors followed the recommendations to the letter, many of them failed to properly disinfect and preserve the syringe. As a result, many diseases began to spread. Disposable syringes are a significant advancement because they are inexpensive and can be discarded after one use by doctors. As a result, the risk of infections spreading is reduced. Disposable syringes contain a plastic body and come in a variety of sizes. They may come with needles connected in some circumstances. A cover is placed to the needle to prevent harm and to keep the needle sanitised at the same time. The most obvious benefits of using a disposable syringe are sterilisation and safety. Patients no longer have to rely on the doctors' sterilising measures for their safety thanks to the introduction of disposable syringes, which are disposed away after one use. As a result, there is no risk of cross-contamination. Another advantage of disposable syringes is their low cost. These disposable syringes are far less expensive than standard syringes and do not require any maintenance. Furthermore, the doctors are not required to sharpen them. As a result, they will be able to focus more on the patients rather than the costly medical institutions. The worldwide syringe market is estimated to reach $15.99 billion by 2021, up from $10.56 billion in 2016, with a CAGR of 8.7% over the forecast period. The market for syringes is growing due to a high prevalence of chronic diseases around the world, a growing elderly population, increased acceptance of safety syringes, technical improvements, and increased demand for vaccines. The high cost of safety syringes and the rising prevalence of needle stick injuries, however, are the market's primary hurdles. For companies involved in the development and manufacturing of syringes, emerging Asia-Pacific regions provide significant growth opportunities. The important factors driving the market expansion of syringes in this area include increasing technological advancements, increasing attention of global companies, fast urbanization, supportive regulatory policies for the approval of new injectable, and rapid growth in the ageing population. The sizes and growth rates of the syringes market and its sub segments were calculated using a combination of bottom-up and top-down methodologies. These syringes are affordable and ready to use in a sterilized state, reducing the risk of contamination and infection dissemination to the patient. These ready-to-use products have also aided in preventing the spread of AIDS among individuals. The market for disposable syringes is primarily driven by rising demand for these items for administering medication intravenously or intramuscularly to cure ailments. Key Players: • Albert David Ltd. • Baxter Pharmaceuticals India Pvt. Ltd. • Becton Dickinson India Pvt. Ltd. • Disposable Medi-Aids Ltd. • Hindustan Syringes & Medical Devices Ltd. • Lifelong Meditech Ltd. • Novo Nordisk India Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Ethanol from Grains

Ethanol Ethanol is a form of alcohol that can be used to power a variety of vehicles, including automobiles, trucks, buses, boats, and motorbikes. Some forms of equipment, such as farm equipment and tiny generators, can also be powered by it. Ethanol is usually generated from sugarcane or maize grain, although it can also be made from grasses or even some types of wood. Production of Ethanol from Grain Ethanol derived from grain production converts agricultural waste items into fuel. This fuel can be used in gasoline or diesel-powered cars, trucks, and other means of transportation. It also burns cleaner than fossil fuels, making it both more environmentally friendly and less expensive to generate than other ethanol sources now accessible. Dry milling, wet milling, and solvent refining are the three ways for producing ethanol from grain. Cleaning the agricultural waste products to eliminate any chemicals or undesired material is the first step in all three of these procedures. Ethanol is one of three types of alcohol that can be produced from grain (the other two are methanol and butanol). Any type of grain, including corn, barley, wheat, and even grasses, can be used to generate ethanol. Ethanol is a renewable energy source since it can be generated from organic materials found in plants. It is made by drying grains and then putting them into a fermenter to be turned into sugar by yeast. Market Size From 2021 to 2030, the global ethanol market is predicted to increase at a CAGR of 5.2 percent, from USD 93.7 billion in 2020 to USD 155.6 billion in 2030. With a market share of 67.3 percent, the grain-based category dominated the global market. The segment's expansion has been aided by the widespread availability of corn and maize, as well as the development of efficient technologies around the world. Dry milling is the most common method for producing grain-based ethanol, and one bushel of maize can provide 2.86 gallons of denatured ethanol.
Plant capacity: 10KL/DayPlant & machinery: 1500 Lakhs
Working capital: N/AT.C.I: -
Return: 1.00%Break even: N/A
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Production of Liquid Hand Soap, Foam & Bath Soap

A soap is a fatty acid-like molecule that has been saltified. A soap molecule consists of a long hydrocarbon chain with a carboxylic acid group on one end that forms an ionic bond with a metal ion, usually sodium or potassium. The ionic end is soluble in water, but the non-polar hydrocarbon end is extremely soluble in non-polar substances. Soaps have the ability to emulsify or disperse water-insoluble pollutants and retain them suspended in water, which allows them to cleanse. Soaps' molecular structure exemplifies this ability. When soap or detergent molecules come into contact with water that contains oil or other water-insoluble substances, they ring the oil droplets. Soap is a fatty acid salt used in a variety of cleaning and lubricating products. Soaps are surfactants that are often used in the home for laundry, bathing, and other household chores. In industrial settings, soaps are used as thickeners, components of some lubricants, and catalyst precursors. Soap dissolves particles and grime, allowing them to be removed from the item being cleaned when used for cleaning. When soap is lathered with a little water, it kills bacteria by disorganizing their membrane lipid bilayer and denaturing their proteins as a surfactant. Oils are also emulsified, making them easier to remove with running water. The global liquid soap market is predicted to grow at a remarkable rate between 2019 and 2028. This rise can be attributed to folks all across the world becoming more mindful of personal cleanliness. Liquid soaps have a low PH. As a result, they are gentle and suitable for all skin types, especially sensitive skin. As a result of all of these factors, the global liquid soap market is witnessing high demand from the general public. Few Indian Major Players 1. AdorMultiproducts Ltd. 2. Cavinkare Pvt. Ltd. 3. EvershineOleochem Ltd. 4. Fresno & Bakersfield India Ltd. 5. Gaillard Cosmetics (Mumbai) Pvt. Ltd. 6. Hindustan Unilever Ltd.
Plant capacity: Bath Soap (1 Kgs Pack 10 Pcs. Each 100 gms Size) 1,000 Kgs Per Day Liquid Hand Soap (Pack 1 Ltr. Plastic Cans) 1,000 Kgs Per Day Foaming Hand Soap (Pack 1 Ltr. Plastic Cans) 1,000 Kgs Per DayPlant & machinery: Rs. 49 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 261 Lakhs
Return: 57.00%Break even: 44.00%
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Profitable Business of Stone Plastic Composite (SPC) Flooring Tiles

SPC, also known as solid polymer core for flooring tiles, is a firm core formed primarily of limestone with a mixture of polyvinyl chloride and stabilisers used in vinyl flooring. It is denser as a result of the 75 percent limestone core fused together with a 25% PVC core. SPC stiff cores are used in modular vinyl flooring to provide dimensional stability and rigidity. Because of its high limestone content, SPC is highly dense, durable, and resistant to impact and indentation. Stone plastic composite is resistant to cupping and peeling since it is watertight. It can be used in laundry rooms, restrooms, basements, kitchens, and other places where there is a need for organisation. SPC rigid core vinyl flooring is installed using a floating interlocking technique. It's low-maintenance and long-lasting, making it ideal for commercial flooring with a lot of foot activity. The elastic SPC core is coated with a decorative and protective UV coating to create stunning and durable flooring. SPC flooring is environmentally friendly, has no formaldehyde, is waterproof, and may be used in a variety of applications. It also offers excellent anti-skid properties, a pleasant foot sensation, and is akin to real wood flooring. It's also wear-resistant, has a long service life, is fire and flame resistant, and can be used for geothermal, heat preservation, and energy conservation. The global Stone Plastic Composite Flooring market was valued at USD 24.00 billion in 2020, and it is expected to rise at a CAGR of 14.26% to USD 27.35 billion in 2021, before reaching USD 53.44 billion by 2026. The growing number of construction activities and the construction industry around the world, as well as the easy availability of an affordable and rigid product, are some of the major and impactful factors that would likely augment the growth of the stone plastic composite flooring market. Few Indian Major Players 1. Aalishaan Structure & Interiors Pvt. Ltd. 2. Marvel Vinyls Ltd. 3. Responsive Industries Ltd.
Plant capacity: Stone Plastic Composite (SPC) Flooring Tiles 3,000 Sq,mtr Per DayPlant & machinery: Rs. 408 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1011 Lakhs
Return: 28.00%Break even: 65.00%
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Production Industry of Men’s Undergarment (EOU)

Underwear is a type of clothing that is worn beneath other garments and is frequently worn next to the skin. They help to keep sweat off your gear. They also aid in the formation of the body and provide support for various body parts, as well as keeping the wearer warm in cold conditions. Underwear can be used to protect a person's modesty while still making them look sexy. Some types of undergarments are associated with religious significance. Some items, such as T-shirts and certain types of shorts, are intended to be worn just as underwear, while others, such as T-shirts and certain types of shorts, can be worn as both underwear and outerwear. If the correct fabric is utilised, some types of underwear can be used as nightwear or swimwear. Underwear is one of the most private and personal decisions in menswear because only a few people will see it. It's worn all day, every day, right next to the skin. As a result, while many men prefer one sort of underwear over another, it's more practical to pick a style based on the day's activities. The global men's underwear market is estimated to exceed US$ 16.5 billion in sales by the end of 2027, growing at a CAGR of 5.8% over the forecast period (2020-2027). Because of the rising prevalence of organised retail around the world, the market for men's underwear is expected to grow. The market for men's underwear is expected to grow as disposable income rises and the metrosexual male population spends more on fashionable items. Rising demand for underwear as a need and for comfort is expected to help the men's underwear industry grow. The hosiery industry is a long-standing textile industry with enormous domestic and worldwide market potential. Because of its multiple advantages, the market for hosiery underwear is rising. Cotton underwear is popular among people from all walks of life because of its great absorbency, inexpensive cost, and widespread availability. People wear these foundation garments all year round in a range of weather conditions. The marketing of high-quality knitted underwear is expected to be uncomplicated. Few Indian Major Players 1. Bodycare International Ltd. 2. Dollar Industries Ltd. 3. J C Penney Services India Pvt. Ltd. 4. Seeds Intimate Apparel India Pvt. Ltd. 5. Shakthi Knitting Pvt. Ltd. 6. Triumph International (India) Pvt. Ltd.
Plant capacity: Men's Briefs 10,000 Pcs Per Day Sports Briefs 10,000 Pcs Per Day Men's Boxers 10,000 Pcs Per DayPlant & machinery: Rs. 239 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1656 Lakhs
Return: 27.00%Break even: 52.00%
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Profitable Business Industry of EV Charging Stations.

Electric vehicle charging station business opportunity is one of the pinnacle business models worldwide. As EVs turn out to be an extra regular on the road, many startups and entrepreneurs are interested in beginning an EV charging station commercial enterprise. With the augmented mindfulness of the environment and the introduction of electric cars (along with e-cars and e-scooters), electric car charging stations are on the list of some top enterprise opportunities in many countries for the last decade. When thinking about an EV charging commercial enterprise version, it’s essential to understand which models will be simplest for the kind of visiting driver and the kind of location/enterprise where the charging stations may be established, in addition to the typical expenses incurred. The method that an entrepreneur or startup takes is important because flexibility and scalability are clearly important for this kind of new and fast-paced industry. The budget of beginning an EV charging station could be very less compared to other business setups. Consequently, the cost of starting EV stations involves only the installation fee which consists of the price of chargers, power, software program, infrastructure, marketing, manpower, and maintenance. Is It Profitable To Start An EV Charging Business? EV charging stations and public charging setup enterprises are some of the finest enterprise opportunities. Even though the client category still predates and relies upon the conventional auto industry, EV vehicle enterprise is the next generation choice. Aside from this, state governments provide extra advantages, like exemption on street tax, registration charges, stamp duty, electricity tax, and many others. It is comprehensible that increased trade of such vehicles will demand an extra number of charging points. The range of electric vehicles running on the roads is significantly greater than the wide variety of EV fee stations at the roads. Market Growth of EV Charging stations In recent years, the demand for electric cars is increasing unexpectedly internationally. Though, China and the USA are keeping the principal market proportion for the same. For the reason that demand for EVs is increasing, hence the electric charging industry is likewise driving. Governments globally are contributing in the direction of putting in the charging stations. For example, the Chinese government authorities have accepted the improvement of fast-charging stations by the national policies. Furthermore, in the USA, the government is presenting all its support and funds to broaden EV charging stations. Such active help through government groups is likely to increase the marketplace for charging stations at some stage in the forecast duration. The worldwide electric automobile Charging Station market is predicted to grow from 27 billion in 2020 to $129.07 billion by 2027, at a CAGR of 10.1%. Elements along with growing demand for energy-efficient commuting, governments associating electric-powered vehicles, and their charging infrastructure through preferential rules, subsidies, and tax rebates have caused a developing call for this section in conjunction with the fact that in the subsequent 2 decades, many governments around the world have introduced plans to phase out fossil gas cars from the market. The Driving Factors One of the most critical elements driving the Electric Vehicle Charging Station marketplace is the growing costs of petroleum merchandise. Customers from developing nations are already laid with the elevated price of petrol. Electrical automobiles operating on electricity will decrease the working value of usage for those cars. Another important thing driving this sector is the reducing fee of EV with the lessening of battery cost which is also causing growth in demand for EV’s and EV charging stations. The electric vehicle charging stations market is predicted to develop with time and rising support from government bodies of various countries. Many nations have found the necessity to go electric to lessen the increasing pollution from motors, with the United States and China already gearing as much as electric cars. China’s swiftly growing economy is using the expansion of superior technologies to improve electrification in the country. China has spent about USD 2.4 billion till year 2020 to enhance the charging facility infrastructure in the nation. Entrepreneur India’s project reports incorporate a unique mix of exact insights and qualitative analysis to assist startups and entrepreneurs reap sustainable growth. The professionals, experienced analysts, and specialists use industry-leading research tools and techniques to collect comprehensive marketplace studies, interspersed with relevant records. The report consists of a competitive view based totally on an in-depth assessment of the important strategies adopted by the main marketplace members within the electric automobile charging stations marketplace over the past few years.AK_20art_21
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Start Assembling of Lithium Ion Battery (Battery Assembly)

A lithium-ion battery, often known as a Li-ion battery, is a rechargeable battery in which lithium ions flow via an electrolyte from the negative electrode to the positive electrode during discharge and then back again during charging. A lithium-ion battery's positive electrode is constructed of an intercalated lithium compound, while the negative electrode is commonly graphite. With the exception of LFP cells, lithium-ion batteries have a high energy density, no memory effect, and a low self-discharge rate. Either energy or power density can be emphasised in cells. However, because they contain flammable electrolytes, they can pose a safety risk. Which, if damaged or wrongly charged, can result in explosions and flames. • More Compact Design: Li-ion batteries are smaller and lighter than traditional rechargeable batteries when compared to their capacity, and are thus used in portable consumer electronics devices where weight and form factor are important selling points. • Lower Self-discharge and Longer Shelf Life: While compared to other rechargeable batteries, Li-ion batteries have a lower self-discharge rate of about 1.5 percent per month, allowing for a longer shelf life when not in use due to the slower drain. • Fast Charging: Lithium-ion batteries charge faster than other rechargeable batteries including lead acid, nickel-metal hydride, and nickel-cadmium. • Low Maintenance: Lithium-ion batteries do not need to be maintained in order to function properly. • High Open-Circuit Voltage: Due to their chemistry, Li-ion batteries have a higher open-circuit voltage than other batteries such as lead acid, nickel-metal hydride, and nickel-cadmium. From 2021 to 2030, the global lithium-ion battery market is expected to grow at a CAGR of 12.3%, growing from USD 41.1 billion in 2021 to USD 116.6 billion in 2030. The market's growth can be attributed to increased demand for lithium-ion batteries in electric vehicles (EVs) and grid storage, since they offer high-energy density and lightweight solutions. Due to a growth in the registration of electric vehicles and a decrease in the price of lithium-ion batteries, the market size is predicted to grow throughout the forecast period. Market expansion is predicted to be fueled by an increase in electric vehicle sales as well as a shift in customer preferences. The rising number of solar installations and nuclear power plants, as well as the launch of wind energy projects, are likely to propel market growth over the forecast period. Few Indian Major Players 1. Anand Batteries Ltd. 2. Bharat Electronics Ltd. 3. Carborundum Universal Ltd. 4. Eon Electric Ltd. 5. H B L Power Systems Ltd. 6. Luminous Power Technologies Pvt. Ltd.
Plant capacity: 48 Volt, 60 AH Lithium-Ion Battery Pack 10 Nos per day 48 Volt, 80 AH Lithium-Ion Battery Pack 10 Nos per day 48 Volt, 100 AH Lithium-Ion Battery Pack 10 Nos per day 60 Volt, 20 AH Lithium-Ion Battery Pack 10 Nos per day Plant & machinery: Rs. 165 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 538 Lakhs
Return: 29.00%Break even: 67.00%
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Opportunities in Waste Lubricating Oil Recycling Plant

Waste oil is mostly made up of hydrocarbons and can be found in both industrial and non-industrial settings. It may contain additives and impurities as a result of physical contamination and chemical reactions that occur during use. Because used oil has been used previously, it has become contaminated with chemical and physical pollutants. Used oil includes transmission oil, motor oil, brake fluid, hydraulic oil, and gearbox oil. Oil that has been used is a recyclable material that can be recycled, reused, or disposed of. Oil is not considered a waste product once it has been used. Lubricating lubricants are commonly used in industries to reduce friction and wear by interposing a thin film of oil between metallic surfaces. Water, salt, dirt, metal scrapings, broken down additive components, varnish, and other impurities may mix with the oil or be generated in it during normal use as a result of thermal breakdown or oxidation. Recycling and reusing wasted oil is preferable to disposing of it, and it can have considerable environmental benefits. Recycled used oil can be refined into new oil, converted into fuel oils, and utilised as a raw material in the petroleum industry. The term "waste oil" describes refined oil that has been delivered for a variety of purposes. Impurities, dirt, and toxins are all present in waste oil. Waste oil is any synthetic or petroleum-based oil that has become contaminated and unfit for its intended function. The main sources of this material are crankcase and lubrication wastes. The method of refining waste oil to generate fuel or lubricating oil is currently employed in various places. Waste oil appears to be harmful to the environment because it is burned or haphazardly dumped into the ground. Government agencies must create efficient recycling and disposal plans in order to refine waste oil. This contributes to environmental protection by reducing illegal waste oil dumping. New waste oil treatment and disposal technologies enable more efficient service while also lowering environmental risk. Few Indian Major Players 1. Asia Refinery Ltd. 2. Bharat Shell Ltd. 3. Castrol India Ltd. 4. Enpro Industries Pvt. Ltd. 5. Fuchs Lubricants India Pvt. Ltd. 6. G P Petroleums Ltd. 7. G S Caltex India Pvt. Ltd. 8. Indian Oil Blending Ltd.
Plant capacity: Used Lubricating Oil 20,000 Ltrs per day Spent Clay as by product 2,105 Ltrs per dayPlant & machinery: Rs. 127 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 753 Lakhs
Return: 27.00%Break even: 50.00%
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Profitable Growing Industry of Medical Disposables (Gowns/Drapes)

Doctors and nurses in the operating room use surgical gowns to prevent the transmission of germs and body fluids from the operating staff to the patient, as well as from the patient to the operating staff. Surgical gowns must meet a variety of well-documented performance requirements. Surgical gowns must be disease and infection resistant while also allowing for sufficient mobility. They must allow for adequate mobility while also preventing rubbing, chafing, ripping, and linting. They should fit snugly but not tightly. Because there is generally excess fabric, the gowns must withstand constant pulls on the fabric during normal motions. A surgical drape is a disposable, non-woven covering that is used to cover a patient's region. The surgeon can perform the surgery through a fenestration (an opening) in the drape. Depending on the type of operation, it comes in a variety of sizes. The drapes in each hospital are different. A 15-square-inch drape with a 3-square-inch fenestration could sufficient for an eye operation, but open heart surgery necessitates the largest drape possible, a laparotomy drape that covers the entire body. Surgical drapes keep the operating area clean and free of bacteria. The adhesive tape must attach securely to both the drape material and the patient's skin in order to accomplish this; its performance cannot be affected by the sterilisation procedure or compromised by pre-operative cleaning chemicals. For Surgical Procedures, Gowns and Drapes The market is predicted to grow at a CAGR of 4.42 percent from 2021 to 2028, from USD 2.28 billion in 2020 to USD 3.23 billion in 2028. The Surgical Drapes and Gowns market is being driven by an increase in surgical operations due to sports injuries, accidents, and heart surgeries due to a greater frequency of cardiovascular disorders and other chronic ailments where surgery is indicated as needed. Surgical gowns and drapes are also in high demand due to increased demand for patient and healthcare worker protection, as well as an increase in the prevalence of surgical site infections. Few Indian Major Players 1. PrimewearHygine (India) Product Ltd. 2. RaajMedisafe India Ltd. 3. Surgeine Healthcare (India) Pvt. Ltd. 4. VikramNuvotech India Pvt. Ltd.
Plant capacity: Medical Gowns 1,250 Pcs Per Day Medical Drapes 1,250 Pcs Per DayPlant & machinery: Rs. 286 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 611 Lakhs
Return: 26.00%Break even: 53.00%
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Manufacturing Industry of Calcium Carbide(CaC2)

The chemical substance calcium carbide, sometimes known as CaC2, has the formula CaC2. There appear to be greyish whitish masses present. Carbide Candles, which are small carbide lamps used to blacken rifle sights and reduce glare, also include calcium carbide. These "candles" are utilised because acetylene produces a sooty flame. Other names for it include calcium acetylide, phenyl glyceryl ether diacetate, and glycerol phenyl ether diacetate. Calcium carbide is an important raw material in the organic synthesis industry. Acetylene, chloroprene rubber, calcium cyanamide, acetate acid, trichloroethylene, and acetaldehyde can be made by mixing acetylene, chloroprene rubber, calcium cyanamide, acetate acid, trichloroethylene, and acetaldehyde with other materials. It can also be used in steel manufacturing as a desulfurizing agent, as well as for metal cutting and welding. Along with calcium phosphide, calcium carbide is used in floating, self-igniting naval signal flares. Calcium carbide has been declared a flammable substance under the Inflammable Substances Act, and the Petroleum Act has been applied to it. When moisture comes into contact with calcium carbide, acetylene gas is produced, which has a wider explosive range. Calcium carbide is used in the following industries: • It's utilised in the production of calcium hydroxide and acetylene. • Because acetylene, a calcium carbide derivative, may be used as a raw material, it is used in the production of polyvinyl chloride (PVC). • It's used to make calcium cyanamide. • It's used to remove sulphur from iron. The process of eliminating sulphur from any material is known as desulphurization. • Similar to ethylene, it is used as a ripening agent. • Both bamboo and big-bang cannons contain it. • It's used as a deoxidizer, which means it helps remove oxygen during the steel-making process. Calcium carbide is a calcium-containing mineral. The market is predicted to grow significantly from 2019 to 2025 due to its metallurgical and chemical uses in sectors such as steel manufacturing, fertiliser, and metal fabrication. Product derivatives are utilised downstream in the automotive, pharmaceutical, and plastics industries, which could help the industry grow. In an electric arc furnace, lime and coke are heated to produce a translucent, colourless inorganic material. The technical grade substance creates an unpleasant garlic-like odour when exposed to trace moisture. Desulfurization and the elimination of unwanted iron oxide are two metallurgical processes that use it. The calcium carbide market is likely to grow further due to its use in integrated steel mill desulfurization. The calcium carbide market is predicted to grow due to its use with calcium phosphide, which is used in floating and self-igniting naval flares for defensive countermeasures, illumination, and signalling. Because calcium flares may be released underwater and illuminate submerged objects, they are commonly employed in maritime applications. The global market for marine safety is estimated to hit USD 35 billion by 2026, favouring market size. Few Indian Major Players 1. D C M Shriram Ltd. 2. K P L International Ltd.
Plant capacity: Calcium Carbide 60 MT Per DayPlant & machinery: Rs. 2127 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 3810 Lakhs
Return: 28.00%Break even: 68.00%
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  • 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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  • 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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