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Best Business Opportunities in Gujarat - Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship

Gas & Petroleum: Project Opportunities in Gujarat

 

PROFILE:

The Oil Industry is a very important industry in the world and a lot depends on the price of the oil and it has been observed that whenever the oil prices increase the price of various products also increases. Oil and gas sector is one of the key catalysts in fuelling the growth of Indian economy. With a 1.2 billion population and an economy that has consistently at approximately 8 per cent annually, India's energy needs are increasing fast, warranting a robust demand for oil and natural gas in the country. India has emerged as the 5th largest refining country in the world, accounting for 4 per cent of the world's refining capacity. India exported 50 million tonnes (MT) of refined petroleum products during 2010-11. With our refining capacity increasing further, this figure is likely to touch about 70 MT by 2014, making India one of the world major exporters of petroleum products.

RESOURCES:

Gujarat State is rich in the hydrocarbon resources and is the largest on land producer of oil and gas in country. Gujarat contributes about 18% of country’s total crude oil production. Similarly it contributes about 11% of country’s total gas production. If we compare on land crude production then it is almost 50% of crude and 40% of natural gas from the Gujarat State. Gujarat State Petroleum Corporation Ltd (GSPC) is an oil and gas exploration company in Gujarat, India. It is India's only State Government-owned oil and Gas Company with the Government of Gujarat holding approximately 95% equity stake. GSPC was incorporated in 1979 as a petrochemical company. Today GSPC has become a vertically integrated energy company, excelling in a wide gamut of hydrocarbon activities across India. The largest gas grid will generate opportunities for transmission and distribution of natural gas to domestic and industrial users. Three LNG terminals coming up in the state will provide the fuel for growth. Refineries and petrochemical complexes in operation, invites investment in downstream projects.

 

GOVERNMENT POLICIES:

The oil ministry has empowered state-run exploration firms ONGC and Oil India to choose customers for gas produced from small fields where output is less than 0.1 million standard cubic meters per day, which would reduce bureaucratic delays and help companies generate revenue expeditiously. Oil India Limited (OIL), a Government of India Enterprise, under the administrative set-up of Ministry of Petroleum and Natural Gas, is engaged in the business of exploration, production and transportation of crude oil and natural gas. The growing demand for crude oil and gas in the country and policy initiative of Government of India towards increased E&P  activity, have given a great impetus to the Indian E&P industry raising hopes of increased exploration. The government in order to increase exploration activity approved the New Exploration Licensing Policy (NELP) in March 1997 which would level the playing field in the upstream sector between private and public sector companies in all fiscal, financial and contractual matters. There will be no mandatory state participation through ONGC/OIL nor there did any carry interest of the government.   In order to increase the exploration and thereby enhance the production of oil and gas in the country the Government of India liberalized the hydrocarbon sector. With the announcement of the liberalization policy in the hydrocarbon sector by Govt. of India for the oil and gas. Pursuant to the signing of PSC many private Exploration and producing Companies started the petroleum operations in the State and thereby the activities in the hydrocarbon sector have increased. In order to cope up with the increasing activities Government of Gujarat created the Office of Directorate of Petroleum to monitor various activities of exploration and exploitation of oil and gas, their production and royalty paid thereon by various organizations in the State of Gujarat. Gujarat State Petroleum Corporation Ltd (GSPC) is an oil and gas exploration company in Gujarat, India. It is India's only State Government-owned Oil and Gas Company with the Government of Gujarat holding approximately 95% equity stake. Today GSPC has become a vertically integrated energy company, excelling in a wide gamut of hydrocarbon activities across India.

 

 

 

 

                     

MINING & MINERALS:Project Opportunities in Gujarat

 

 

PROFILE:

Minerals are valuable natural resources being finite and non-renewable. They constitute the vital raw materials for many basic industries and are a major resource for development. Management of mineral resources has, therefore, to be closely integrated with the overall strategy of development; and exploitation of minerals is to be guided by long-term national goals and perspectives. Ministry of Mines is responsible for survey and exploration of all minerals, other than natural gases, petroleum and atomic minerals, for mining and metallurgy of non-ferrous metals like aluminium, copper, zinc, lead, gold, nickel, etc. and for administration of the Mines and Minerals (Regulation and Development) Act, 1957 in respect of all mines and minerals other than coal, natural gas and petroleum.

RESOURCES:

Gujarat is the ideal state for the investment in mineral based industries looking to the state mineral resources and infrastructural facilities. There is ample opportunity to establish mineral oriented industries like Limestone based cement and soda ash industry, Lignite based power plants, Bauxite-based Alumina plant, Marble & Granite based cutting, polishing plants, Clay based ceramic units, Silica sand based glass units. GNMRL is well placed to take benefit of imminent boom staring at the energy spectrum. GNMRL is unique in itself which focus in coal mining, met coke productions as well as Oil and Gas exploration, the three prime resources which are in great demand. Total area of the State of Gujarat is 1,96,024 sq.kms. Out of which 1,27,000 sq. kms is rocky, which is mineral probable area. About 57,970 sq. kms of these rocky areas have been covered under the Remote Sensing Survey / Pre-detailed Mineral Survey, and about 23,596 sq. kms, under the Detailed Mineral Survey. Till now total 3,63,534 meters of drilling has been completed for various minerals at different places in the state. Out of this, 3,13,613 meters of drilling was conducted by the department, and the remaining 49,921 meters of drilling, by expeditious drilling programme by hiring men & machines. Remaining uncovered area of 69,030 sq. kms will be covered in the next five years by remote sensing / pre-detailed mineral surveys. Total 12,030 sq. kms will be explored by the department, and 57,000 sq. kms, through outsourcing/ private participation.

 

GOVERNMENT POLICIES:

 

The Government of Gujarat has envisaged specific policy initiatives for industrial minerals occurring in the state to attract investment in the fields mineral exploration, exploitation, and mineral-based industries. It is intended to create competitive environment to speed up industrial development in mineral potential area by enhancement of Human Resource capabilities, improvement in infrastructure & adopting modern technology. The approach is to make progress by increasing mineral production and export of value added material through local and global competitiveness. Efforts to develop with special attention to minerals which are only available in the Gujarat as compared to other states in the country and mineral occurring in few states & having high quality. Local employment is created through mineral exploitation while maintaining mine safety & striking ecological equilibrium is also an additional addendum of this policy. To regulate the minor minerals, State Government has framed Gujarat Minor Mineral Rules-1966 under the Section-15 of Mines and Minerals (Regulation and Development) Act- 1957 and Central Government has framed Granite Conservation and Development Rules-1999 and Marble Development and Conservation Rules-2000. In addition, mines are being regulated under other Acts and Rules of Central Government such as Mines Act-1952, Mines Rules-1955, Mineral Conservation and Development Rules-1988. In the major minerals (including Oil & Natural Gas), Gujarat is placed at 3 position as on March-2002 in Mineral Production value. Gujarat ranks second in working mining leases. Only Gujarat produces minerals like Agate, Chalk and Perlite in the country. Production wise Gujarat ranks first in Fluorite and Silica sand, second in Bauxite, Lignite, Fire clay and Clay (others) and third in Quartz and Ball clay and fourth in Limestone and China clay.

 

 

 

Agro and Food Processing: Project Opportunities in Gujarat

 

 

PROFILE:

Agro Industry means a unit which adds value to agricultural products/intermediates/residues; both food and non-food; by processing into products which are marketable or usable or edible, or by improving storability, or by providing the link from farm to the market or a part thereof. The term “agro-food processing industries” covers a wide range of activities utilizing farm, animal and forestry based products as raw materials. 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:

Gujarat is endowed with abundant natural resources in terms of varied soil, climatic conditions and diversified cropping pattern suitable for agricultural activities. Gujarat is a leading producer of various agricultural crops within India as well as worldwide. Gujarat has highest production in the world for Castor (67%), Fennel (67%), Cumin (36%), Isabgol (35%), groundnut (8%), and Guar seed (6%). The state has also emerged as a frontrunner in several other sectors such as Dairy, Fisheries, Animal Husbandry, Traditional Horticulture and Floriculture. Gujarat is keen to promote the agro-processing industry, which currently consists of small and medium enterprises producing a wide variety of products. It has about 16,400 small enterprises in food processing, beverage and tobacco processing. The agro-processing sector accounts for a significant proportion of the working population in the State. Moreover, the State is well known for its success in dairy cooperatives. Gujarat Cooperative Milk Marketing Federation enjoys a significant market share in the processed foods sector.

GOVERNMENT POLICIES:

The Gujarat Agro Vision 2010 has been formulated with defined growth parameters of gross state domestic product, per capita income and increase in non farm income of rural population due to multiplier effect. A holistic approach has been envisaged with emphasis on agricultural research, conservation of soil and water, economic and social sustainability. A comprehensive Agro Industrial Policy 2000 has been formulated. Tiny, small, medium and large agro industrial units shall be given 6% back ended subsidy for 5 years on the interest on term loan, subject to a ceiling of Rs. 100 lacs. Gujarat government has announced a new Agri Business Policy during the summit 2009. Gujarat government has offered various incentives to attract the investment in agriculture and allied sectors. Some of the incentives include declaration of food processing industry as seasonal industry, cost subsidy to large projects in food processing sector and sops and incentives to enhance competitiveness of small and medium enterprises, etc.

 

SALT INDUSTRY:Project Opportunities in Gujarat

 

 

PROFILE:

India is the third largest Salt producing Country in the World after China and USA with Global annual production being about 230 million tonnes.  The growth and achievement of Salt Industry over the last 60 years has been spectacular.  When India attained Independence in 1947, salt was being imported from the United Kingdom & Adens to meet its domestic requirement.  But today it has not only achieved self-sufficiency in production of salt to meet its domestic requirement but also in a position of exporting surplus salt to foreign countries.  The production of salt during 1947 was 1.9 million tonnes which has increased tenfold to record 20 million tonnes during 2005. The main sources of salt in India are sea brine, lake brine, sub-soil brine and rock salt deposits. Sea water is an inexhaustible source of salt.  Salt production along the coast is limited by weather and soil conditions.

RESOURCES:

Gujarat is blessed with the longest coastline of 1600 km. in India, offering important resources such as salt and marine products for industry. Gujarat is the largest producers of salt in India and ranking 2nd highest export in the world. Gujarat contributes 76 percent to the total production, followed by Tamil Nadu (12 %) and Rajasthan (8%). It also became the highest tax charging state for salt production amongst the six other salt producing states. Apart from using salt for edible purposes, it is substantially used for production of inorganic chemicals.

 

 

 

GOVERNMENT POLICIES:

Salt is a Central subject in the Constitution of India and appears as item No.58 of the Union List of the 7th Schedule, which reads:

a)   Manufacture, Supply and Distribution of Salt by Union Agencies; and

b)   Regulation and control of manufacture, supply and distribution of salt by other agencies.

Central Government is responsible for controlling all aspects of the Salt Industry. Salt Commissioner’s Organisation plays a facilitating role in overall growth and development of Salt Industry in the country. The thrust of the Salt Commissioner’s Organisation currently is on Technological Development and Quality Improvement, Salt Iodisation Program for combating Iodine Deficiency Disorders, Infrastructure Development promoting Salt Industry, Labour Welfare Schemes for Salt Workers particularly housing under Namak Mazdoor Awas Yojna and export of Salt.

 

 

GEMS AND JEWELLERY:Project Opportunities in Gujarat

PROFILE:

Gems and jewellery industry in India occupies a significant position in the Indian economy. It is also one of the fastest growing Industries in the country. The cutting and polishing of Diamonds and precious stones is one of the oldest traditions in India and the country has earned considerable goodwill, both, in the domestic and international markets for its skills and creativity. India was also the first country to have introduced diamonds to the world. The country was the first to mine diamonds, cut and polish them and also trade them. It accounted for 16.7 per cent of India's total Merchandise Exports. At present India exports 95% of the world’s diamonds.

 

RESOURCES:

Gujarat is the leading state in India in gems and jewellery sector, as it contributes to about 72% of the total exports of India. Gujarat has a well established diamond industry. Diamond processing and trading unit are spread across the State in cities such as Surat, Ahmedabad, Palanpur, Bhavnagar, Valsad and Navsari. Gujarat accounts for about 80% of diamonds processed and 95% of diamonds export from India. Surat has 65% share in India's diamond trade. Highly skilled workforce Gujarat’s comparatively cheaper and skilledworkforce can be effectively utilized to setup large low cost production bases for domestic and export markets. Gujarat’s Gems & Jewellery sector is expected to grow at a rate of 15%.

 

GOVERNMENT POLICIES:

The government's interest in the sector is evident from the FDI policy which allows 100% FDI and 74% in exploration and mining of diamonds and precious stones and 100% for gold and silver and minerals exploration, mining, metallurgy and processing. Gems and Jewellery, diamonds and precious metals have been given a special thrust by the Ministry of Commerce & Industry, Government of India, under the Foreign Trade Policy through the following measures:

·         Allowing 100 per cent FDI in the gems and jewellery sector under the automatic route;

·         Abolishing duty on polished diamonds;

·         Lowering import duty on platinum and exempting rough, coloured, precious gems stones from customs duty.  Rough, semi –precious stones are also exempted from import duty;

·         Setting up of Gems and Jewellery Parks and SEZs to stimulate sectoral investments;

·         Allowing import of gold of 8 k and above under replenishment scheme, subject to the condition that import being accompanied by an Assay Certificate specifying purity, weight and alloy content;

·         Permitting import of Diamondson consignment basis for Certification /Grading, and re-export by the authorized offices/agencies of Gemological Institute of America (GIA) in India or other approved agencies.

 

CHEMICALS AND PETROCHEMICALS: Project Opportunities in Gujarat

 

 

PROFILE:

The Chemical and Petrochemical Industry occupies an important place in the country's economy, as the Chemical industry has grown at a pace outperforming the overall growth of the industry. Chemical industry is an important constituent of the Indian economy. Its size is estimated at around US$ 35 billion approx., which is equivalent to about 3% of India's GDP. The total investment in Indian Chemical Sector is approx. US$ 60 billion and total employment generated is about 1 million. Today, petrochemical products permeate the entire spectrum of daily useitems and cover almost every sphere of life like clothing, housing, construction, furniture, automobiles, household items, agriculture, horticulture, irrigation, packaging, medical appliances, electronics and electrical etc. Chemicals and Petrochemicals contribute to more than 62 % of national petrochemicals and 51% of national Chemical sector output. It leads all states in India in terms of the investments committed in the chemical and petrochemical sector, 30% of fixed capital investment is in the manufacturing of Chemical and Chemical Products. Manufacturing of chemicals and chemical products contribute to around one fifth of the total employment in state. The production capacity of major suppliers of polymers, PE/PP/PVC in Gujarat is nearly 70% of the whole country’s production. Large quantity of production of basic chemicals caustic soda, caustic potash and chloromethane, largest supplier of bio fertilizers, seeds, Urea and other fertilizers

 

RESOURCES:

Gujarat's chemicals and petrochemicals industry is one of the fastest growing sectors in the State's economy. The industry offers a wide spectrum of opportunities for the investors both from India and abroad. The well diversified chemical industry has complete portfolio of chemical products including petrochemicals and downstream products, pharmaceuticals, dyes and intermediates. The Chemical Industry in Gujarat comprises of about 500 large and medium scale industrial units, about 16,000 of small scale industrial units and other factory sector units. Gujarat emerged as leading Indian states in terms of the investments committed in the chemical and petrochemical sector. It contributes to more than 62% of national petrochemical and 51% of national chemical sector output. Around 6,000 chemical and petrochemicals products are produced in the state. Manufacturing of chemicals and chemical products contributes to around one fifth of the total employment in state. The chemical industry in Gujarat is a significant component of the State's economy, contributing to more than 51% of Indian production of major chemicals with revenues at approximately more than INR 12,000 crore. Petrochemical Industry in Gujarat produces 13,048 ('000 Tonnes) of petrochemical products and also contributes around 62% to the total production of the country. Gujarat contributes 15% of the total national chemical exports.

 

GOVERNMENT POLICIES:

In Chemical sector, 100% FDI is permissible, manufacture of most chemical products inter-alia covering organic/inorganic, dyestuffs and pesticides is de licensed. The entrepreneurs need to submit only IEM with the Department of Industrial Policy and Promotion provided no locational angle is applicable. Only the following items are covered in the compulsory licensing list because of their hazardous nature: Hydrocyanic acid and its derivatives, Phosgene and its derivatives,Isocynates and di-isocynates of hydrocarbons.

 

TEXTILES:Project Opportunities in Gujarat

 

 

PROFILE:

The textile industry is primarily concerned with the production of yarn, and cloth and the subsequent design or manufacture of clothing and their distribution. The raw material may be natural or synthetic using products of the chemical industry. India Textile Industry is one of the leading textile industries in the world. Though was predominantly unorganized industry even a few years back, but the scenario started changing after the economic liberalization of Indian economy in 1991. The opening up of economy gave the much-needed thrust to the Indian textile industry, which has now successfully become one of the largest in the world.

RESOURCES:

Gujarat is one of the leading industrial states in India and textile industry in particular had contributed in a big way to the industrialisation of the State. In fact, development of many industries likes, Dyestuff, Chemicals, Engineering/Foundry and Cotton farming is solely dependent on this sector. The State is well known for development of Hybrid Cotton, Ginning, power looms, composite mills, spinning units and independent processing Houses. Gujarat being the largest producer of cotton, has obtained tremendous opportunities towards higher and higher value addition product by setting up Modern Process Houses (with the technology of low polluting and less energy costs) in one hand and Knitwear/Ready-made Garments in a big way on the other to fulfil the domestic and international market. Investment opportunities may be, therefore, explored for Cotton Ring Spinning (25,000 spindles), Open End Spinning (1000 rotors), Modern Process House, Shuttleless Weaving (50 looms), Ready-made garments unit and Non-woven and Technical Textile unit with appropriate technology. Bandhani or Bandhej of Gujarat is one of the best tie and dye fabrics in India. Dhamadka and Ajrakh, Mashru are some of the other fabrics of Gujarat. Dhamadka is the art of printing fabrics with wooden blocks. Mashru is a mixed fabric, woven with a combination of cotton and silk. It was originally used by Muslim men, as they were prohibited from wearing pure silk.

 

GOVERNMENT POLICIES:

The Gujarat government is planning to come up with a policy to boost the textile and apparel industry in the state and help it remain competitive in the post-quota regime of the World Trade Organisation. Gujarat’s textile policy provides incentives that are more favourable for large textile units. It provides 25% capital subsidy on purchase of machineries. Custom duty on textile machinery is only 5%. Also, various human resource development activities for the textile industry have been initiated by state government. Subsidy at 50% of R&D expenditure is provided to industries carrying out research. Interest subsidy at 3% is provided for capital equipment for five years. Assistance is also provided for infrastructural development, market promotion and environment protection. Gujarat is also the largest producer and exporter of cotton, the production of which has been increasing over time. So raw material is plentiful. It is the largest producer of denim. Surat is a strong base for synthetic fibers and provides a big market.

 

Waste management: Project Opportunities in Gujarat

 

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:

Gujarat is an ideal location for an effective functioning of the projects, which depend on reasonable volume of generated wastes, waste characteristics, public acceptance and potential network of the industry for the zero discharge of the waste. Gujarat is characterized by wide spread industrial establishments, robust infrastructure development and stable socio-political environment. The industrial development has remained and is the robust backbone of Gujarat’s economical and industrial prospects and a driving force of a future economic growth. In a meantime, the rapid industrial development throughout the state has lead resulted in generating abundant industrial wastes which need proper care in pollution mitigation and recycling in and around urban centres of Ahmedabad, Bharuch, Surat etc. 

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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Investment Opportunities and Strategies in Startup of Oxygen Gas Plant (Industrial and Pharmaceutical Grade).

Chemicals used in industry might be elemental gases, chemical compounds, organic or inorganic. Specialty gases, medical gases, fuel gases, and refrigerant gases are some of the terms used in different industries. The various gases are employed in a range of industries, with the metal, polymer, and food industries being the most common. The different gases' applications are mentioned below. The Glenbrook steel mill uses the majority of the oxygen produced by BOC Gases to oxidise undesirable impurities in the steel. The rest is used in food processing, medical oxygen for respiration, and oxy-acetylene torches. Industrial oxygen is utilized for combustion, oxidation, cutting, and chemical reactions in industrial plants. The purity levels of industrial oxygen are not suitable for human consumption, and contaminants from filthy equipment or industrial storage could make people sick. Medical oxygen is produced with a high level of purity, and the oxygen generation equipment is built to the highest quality requirements. In the air separation, medical oxygen is distilled until it fulfils medical criteria. Ambulances, surgery, and intensive care units all need medical grade oxygen. It is mandatory to have adequate drug licences and follow standard operating processes while producing medical oxygen, which is also listed as a drug on the WHO list of essential medicines. Most living things require oxygen to survive, therefore the importance of oxygen in the area of medicine cannot be overstated. Oxygen is employed in almost every aspect of healthcare, from resuscitation to inhalation therapy. Chronic asthma, cystic fibrosis, pulmonary hypertension, obstructive sleep apnea, heart failure, anaphylaxis, significant trauma, and seizure or hypothermia are just a few of the chronic and acute health disorders for which oxygen treatment is commonly utilised. Oil and gas, petrochemicals, chemicals, power, mining, steelmaking, metals, environmental protection, medicine, pharmaceuticals, biotechnology, food, water, fertilisers, nuclear power, electronics, and aerospace are just a few of the industries that employ industrial oxygen gases. To live, we need to breathe oxygen. However, oxygen has numerous practical use. It may kill microorganisms and is used in welding and wastewater treatment. Carbon monoxide poisoning is treated with oxygen, which also permits divers to breathe underwater. The global industrial gases market was worth USD 92.0 billion in 2020, and it is predicted to increase at a CAGR of 6.0 percent from 2021 to 2028. The expanding manufacturing industry in Asia Pacific's developing economies is primarily responsible for the market's growth. Furthermore, rising industrialization and urbanisation, as well as the increased use of industrial gases in a variety of industries, including healthcare, metals and mining, and food and beverages, are projected to have an impact on market growth in the coming years. Gases produced in significant numbers for use in industrial processes are referred to as industrial gases. These gases are also known as fuel, medicinal, refrigerant, or speciality gases, depending on their application in various industries. The market for medical and pharmaceutical gases and equipment is expected to reach $15.2 billion in 2019, with a CAGR of 6.4 percent from 2020 to 2025. Pharmaceutical and medical gases are fluids designed for use in the medical, pharmaceutical, and biotechnology industries. They're typically utilised to synthesise, sterilise, or insulate human-health-related processes or goods. Major Key Players: 1. Arrow Oxygen Ltd. 2. Bhagawati Oxygen Ltd. 3. Govind Poy Oxygen Ltd. 4. Howrah Gases Ltd. 5. Linde India Ltd. 6. Madhav Industrial Gases Pvt. Ltd. 7. Niket Udyog Ltd. 8. Praxair India Pvt. Ltd.
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Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Emerging Business of Disposable Safety Razors. Profitable Industry of Men Grooming Products.

A safety razor is a shaving equipment with a guard that protects the skin from the blade. The safety razor's initial goal was to lessen the risk of harm while shaving and the skill required for a proper shave. The safety razor significantly reduced the need to visit a barber for a shave. With only a single blade and a plastic grip, the disposable razor quickly became a popular instrument among innumerable men who appreciated the convenience of a short shave that was even safer than a safety razor. A shaver with a replaceable blade with a razor-sharp edge; sometimes known as a safety razor. A disposable razor is a comparable device made of plastic with a blade that is not replaceable or sharpenable and is designed to be discarded when the blade dulls. Disposable Safety Razors are: 1. Cost Effective: Although purchasing a double edged razor may appear to be costly, it is quite cost effective in the long run when considering that all that is required is the purchase of blades, which are actually less expensive than cartridge blades. 2. Balance: Because of the pivot, this razor maintains a steady viewpoint while shaving, making it the best because it is easier and faster to use. This is the most appealing element of it. 3. Convenience: While most people prefer to go the modern route, those who have chosen this traditional method of shaving have found it to be cost-effective and simple to use. 4. Time Management: If you value your time, it's time to ditch those pricey cartridges and embrace a double-edged razor, since research has proved that it is truly quite quick to use. 5. Less Maintenance: Unlike fixed type razors, it is very easy to clean due to the ability to change blades. 6. Quality: The edges of a double edge razor are sharper than those of a multi-blade razor, resulting in better outcomes. 7. Environmentally Friendly: Because it is composed entirely of metal, it is immediately considered environmentally friendly. In 2018, the global razor market was worth USD 10.2 billion, and it is expected to grow at a CAGR of 3.5 percent from 2019 to 2025. Several factors are driving the industry, the most important of which is a growing focus on men's grooming and increased consumer awareness of personal cleanliness. Disposable razors make for a sizable portion of the industry, and demand is expected to continue to rise. The Disposable razor's biggest commercial restraint is its higher initial cost. Furthermore, in the case of this type of razor, an individual must learn how to shave properly. The expanding urge to look well groomed, rising per capita income, and rapid urbanization are all contributing to this growth. Men's grooming industry demand has expanded in recent years as a result of growing male customer awareness of their appearance. Furthermore, because more than half of the population is under the age of 30, the industry has a large local market. Furthermore, the market is predicted to rise through 2025 due to an increase in the urban middle class population and enhanced distribution channels in tier II and tier III cities. Major Key Players: Everkeen Blade Co. Ltd. Gillette India Ltd. Jindal Stainless Ltd. Laser Shaving Products Pvt. Ltd. Narang Medical Ltd. Paramount Surgimed Ltd.
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Return: 1.00%Break even: N/A
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Lucrative Business of Essential Oil from Lemon Grass. Best Business for New Startup.

Lemongrass essential oil is extracted from the lemongrass plant, which thrives in tropical and subtropical climates. The oil has a citrus fragrance and can be brilliant or light yellow in colour. Lemongrass has long been used in traditional medicine to treat pain, stomach issues, and fevers. Other advantages could come from its antioxidant, anti-inflammatory, and antifungal qualities. Lemongrass is also known as fever grass because of its remarkable capacity to successfully relieve fever and a variety of other diseases. This oil has antifungal, antibacterial, and antioxidant properties, making it a popular choice for those who want perfect skin and strong, healthy hair. The patients used the gel in conjunction with nonsurgical dental therapy to treat gum disease. The outcomes were compared to those of a group that only used nonsurgical dental care. Benefits of Lemongrass Essential Oil: 1. Refreshes The Atmosphere: This oil is known to instantly freshen the atmosphere when sprayed in a diluted form in the environment, working as a natural room freshener or perfume. Toxic components in chemical-based air fresheners could affect us in the long run. 2. Reduces Pain And Muscle Cramps: Citral, found in lemongrass essential oil, is recognised for reducing inflammation-related pain and cramps. This oil is frequently administered to the region of concern for pain alleviation as a home therapy for rheumatoid arthritis. 3. Promotes Skin Health: The oil offers a wide range of skin-beneficial characteristics. Lemongrass oil is recognised for improving overall skin texture by washing and detoxifying the skin and pores, as well as removing excess oil. 4. Skincare: Lemongrass essential oil has anti-inflammatory characteristics, which means it can help with redness, irritation, itching, and swelling. Because of its antibacterial and astringent characteristics, it is frequently used in cosmetics aimed at achieving soft, toned, and luminous skin. Market Outlook: Between 2019 and 2027, the global lemongrass oil market is expected to reach USD 421.13 million, increasing at a CAGR of 6.9%. Growing knowledge of lemongrass oil's health advantages is a crucial aspect driving the global industry forward. Lemongrass oil is in high demand due to the public's growing desire for natural remedies. The rising popularity of aromatherapy and the increasing availability of aromatherapy candles and diffusers are also contributing to the worldwide lemon grass market's rise. Furthermore, rising demand for lemongrass oil in the cosmetics and pharmaceutical industries is expected to propel the market forward in the approaching years. Furthermore, lemongrass oil provides a variety of health benefits that are linked to essential oils, which are expected to increase demand for lemongrass oil in pharmaceutical and medical applications, and the product has no detrimental side effects, which will aid in penetrating the market in the future. Another key market driver is the growing use of culinary dishes in the food and beverage industry. The market for lemongrass essential oil is being driven by an increase in the use of lemongrass essential oil in aromatherapy, as well as increased demand from the pharmaceutical industry due to increased health advantages and increased demand from the food and beverage industry for culinary meals.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Manufacturing Business of Steel Container (Cargo Container)

Every year, the freight container sector produces a large number of intermodal containers. They're utilised all around the world to convey things. Each year, roughly 180 million container cargoes are transported across the oceans by about 5000 container ships. For global trade enterprises to thrive in today's increasingly competitive economic environment, international transportation of containerized commodities is essential. Containers are typically built of steel (for marine containers) or aluminium (for domestic containers), and their structure provides flexibility and hardiness. 1. Refactor Existing Applications to Make Them Container-Friendly: Refactoring is far more time-consuming than lift-and-shift migration, but it allows you to reap the full benefits of a container environment. 2. Create new container-native applications: This method, like refactoring, unlocks the full potential of containers. 3. Improve Microservices Architecture Support: Individual container building parts make it easier to isolate, deploy, and scale distributed applications and microservices. 4. Make Repetitive Jobs and Tasks Deployment Easier: Containers are used to support one or more comparable operations that operate in the background, such as ETL functions or batch jobs. In 2019, the global Shipping Containers Market was valued at US$ 10,350.1 million and 306,324 thousand units, and it is predicted to grow at a CAGR of 5.9% from 2020 to 2027. Containerization's increasing speed, reliability, and safety have driven enterprises to use containers to ship their goods. Containerization is boosted even further by lower long-distance containerized transportation costs paired with trade globalisation. Few Indian Major Players 1. D C M Hyundai Ltd. 2. J K Technosoft Ltd. 3. Techno-Cap Equipments India Pvt. Ltd.
Plant capacity: Cargo Containers (Size 20 Feet) 4.0 Nos Per Day Cargo Containers (Size 40 Feet) 4.0 Nos Per Day Cargo Containers (Size 40 Feet High Cube) 2.0 Nos Per DayPlant & machinery: 2945 Lakhs
Working capital: -T.C.I: Cost of Project: 1364 Lakhs
Return: 26.29%Break even: 45.45%
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Business Ideas for Manufacturing of Steel Shipping Containers (Cargo Container). Profit-Making Production Business of Metal Marine Containers for Entrepreneur and Startup.

An intermodal container, also known as a shipping container, is a big standardised shipping container designed and built for intermodal freight transit, which means it may be used across multiple modes of transportation without having to unload and reload its goods. In the global containerized intermodal freight transport system, intermodal containers are largely utilised to store and carry commodities and products efficiently and safely, but lesser quantities are also employed in localised applications. Simply container, cargo or freight container, ISO container, shipping, sea or ocean container, sea van or (Conex) box, container van, sea can or c can are all names for these containers. The following are just a few of the numerous advantages of steel shipping containers: 1. Corrugated Steel: Corrugated steel can bear varied weight loads in terms of resistance and impact. Steel containers may be stacked on top of one another without buckling under extreme strain because of this. 2. Long-Lasting Durability: The steel shipping container is quite durable in general. These containers, which are made of one of the strongest metals in the building industry, can withstand practically any weight and impact load. 3. Dent and Warp Resistant: Because the steel walls are corrugated, a shipping container can endure a beating from a variety of factors and items. 4. Completely Low-Maintenance: Due to the nature of corrugated steel and its resistance to the elements, steel shipping containers require very little maintenance. 5. Marine-Grade Plywood Flooring: With either marine-grade plywood or bamboo flooring, the inside of a steel container is just as striking. In most cases, this flooring contains trace levels of pesticide. The most significant component of the entire shipping, trade, and transportation industries is container units. These shipping containers are structures that house a variety of items that must be carried from one area to another through container ships of various types. 1. Dry Storage Container: A dry storage container is the most often used shipping container, and it comes in a variety of ISO-standardized dimensions. They are used to convey dry products and available in sizes of 20ft, 40ft, and 10ft. 2. Flat Rack Container: A flat rack container is a simple storage shipping container with foldable sides that can be folded to create a flat rack for shipping a variety of items. 3. Open Top Container: Materials of any height can be transported simply with a convertible top that can be removed completely to produce an open-top. 4. Tunnel Container: Tank storage containers with doors on both ends are ideal for efficiently loading and unloading items. 5. Open Side Storage Container: These storage units include doors that can be converted to fully open sides, giving you even more room to load your materials. 6. Double Doors Container: A sort of storage unit with two doors that allows for extra area for material loading and unloading. Steel, iron, and other 7. construction materials come in standard 20ft and 40ft lengths. 8. Refrigerated ISO Containers: These are temperature-controlled shipping containers that are kept at a low temperature at all times. They are exclusively used to transport perishable items across vast distances, such as fruits and vegetables. 9. Insulated or Thermal Containers: These are shipping storage containers that have a temperature control system and can maintain a steady temperature. The materials are chosen in such a way that they can withstand prolonged exposure to high temperatures for an extended period of time. They're ideal for transporting products over vast distances. 10. Cargo Storage Roll Container: A foldable container is one of the specialised container units designed for transporting sets or stacks of materials. They're comprised of strong, durable wire mesh and have rollers for simple moving. The availability of a range of coloured wire meshes adds a splash of colour to these shipping container modules. As part of the Atmanirbhar Bharat programme, which intends to improve India's exports, the government is looking into mass-producing containers while also creating a shipping line. Shipping products necessitates the use of containers. India is currently fully reliant on the government-owned Shipping Corporation of India. Until date, the majority of exporters have relied solely on Chinese containers. However, as geopolitical outlines shift, exporters have been impacted by a lack of containers, as well as an increase in freight costs. In response to escalating political tensions, India has cut its imports from China. The global container shipping industry is expected to reach US$10.93 billion in 2025, with a compound annual growth rate (CAGR) of 8.49 percent from 2021 to 2025. Market expansion will be fueled by factors such as a growing population, accelerated economic growth, rising demand for shipping containers, increased steel output, and rapid urbanization. However, rising worries about CO2 emissions, expensive shipping costs, and environmental laws are expected to stymie industry expansion. The shipping containers industry is made up of companies (organizations, single traders, and partnerships) that manufacture shipping containers that are strong enough to survive handling. From common cardboard boxes to huge steel boxes used for intermodal shipments, shipping containers come in many shapes and sizes. Included are only commodities and services that are transferred between businesses or sold to end users. The rise of the shipping container sector was aided by an increase in demand for freight transportation via ships. The demand for freight transportation via waterways is increasing due to considerations such as cost-effectiveness and security when compared to other modes of transportation. The shipping container market's expansion is projected to be stifled by the high prices connected with them. Few Major Indian Key Players: • DCM Hyundai Ltd. • J.K. Technologies Pvt. Ltd. • AB Sea Container Private Limited • Techno-cap Equipments India Pvt. Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Lucrative Business of Magnesium Stearate

Magnesium stearate is a chemical compound made up of magnesium cation and stearate (an anion of stearic acid). Magnesium stearate is a powder that is white and insoluble in water. One of the primary factors driving the worldwide Magnesium Stearate industry is the rapid growth of the pharmaceuticals sector in Asia-Pacific (APAC), as well as the increasing usage of the compound in the personal care sector. In the chemical industry, magnesium stearate is used. The following are some of the most important industries that use stearate: ? Pharmaceuticals ? Cosmetics Industry ? Paints and Varnishes, ? Cement paints ? Manufacture of compound for PVC Pipes ? Rubber Industry ? Soap Industry. Applications: 1. It is used as a binder in pharmaceuticals to bind pills and smooth them out. 2. It is used as a common ingredient or preservative in a variety of foods because it has no known adverse effects. 3. It works well as an emulsifier in syrups, ketchups, and sauces. 4. It is used in confectioneries to bind candy and other items. The global magnesium stearate market was worth $1,492.3 million in 2019, and it is predicted to grow at a CAGR of 5.3 percent over the next five years (2020–2030). One of the primary reasons driving the global magnesium market is the rapid growth of the pharmaceuticals industry in Asia-Pacific (APAC), as well as rising usage of the compound in the personal care sector. The market is expected to rise due to the increasing use of magnesium stearate as an excipient in tablets, capsules, and other medication formulations. The market is growing due to rising health consciousness among people all over the world, as well as rising disposable incomes in nations like China and India. Few Indian Major Players • Micron Chemicals Ltd. • Ritesh International Ltd.
Plant capacity: Magnesium Stearate 10.0 MT Per DayPlant & machinery: 301 Lakhs
Working capital: -T.C.I: 515 Lakhs
Return: 28.00%Break even: 44.00%
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Production Business of Silicone Sealants (Acetic, Natural, MS & PU Types). Profitable Business Idea in Adhesive Industry.

Silicone Mastic, Acetoxy Silicone Sealant, Neutral Silicone Sealant, Sanitary Silicone, Sanitary Silicone Sealant, Fire Rated Silicone Sealant, Rtv Silicone, Rtv Silicone Sealant, Glazing Silicone, Universal Silicone, Aquarium Silicone, silicone caulk, Acrylic gap sealant, silicone gap filling are all names for silicone sealant. Repairs around bathtubs, faucets, toilets, and sinks are ideal for silicone sealants. Silicone caulks and sealants are very beneficial for building work, especially outdoors, due to their strong grip. Silicone sealants are frequently used to seal windows to frames because they produce a water-resistant barrier that holds up well in adverse weather. Silicone sealer is widely used in autos, appliances, and the sealing of wires and sensors in electrical gadgets for the same reasons. In comparison to acrylic sealants, silicone sealants are easier to tool and polish. The weather resistance and weatherproofing capabilities of an acrylic sealer do not compare to those of a silicone sealant once it has been cured. Silicone sealants come in a variety of colours. The white and transparent silicone sealant variants, on the other hand, are by far the most popular. The most typical application of silicone sealant is to make a waterproof, airtight connection between two surfaces or angles. Typically, this will be in a heavily trafficked area that necessitates the construction of a robust yet relatively elastic seal to keep out undesirable air or moisture. Because of their greater flexibility and durability, silicone sealants are frequently preferred over other types of sealants, adhesives, and caulks. They cure into a robust but somewhat elastomeric adhesive that keeps its shape exceedingly well over time and is generally inert at both high and low temperatures. Because of these characteristics, silicone is often utilized to create durable, long-lasting seals and connections in regularly used or particularly brutally exposed places and situations. The rubbery nature of dried silicone seals makes them particularly effective at providing cushioning between surfaces that are prone to movement, whether due to mechanical forces or expansion and contraction caused by temperature changes. From a valuation of USD 2.72 billion in 2019, the Global Silicone Sealants Market is expected to grow at a CAGR of 4.7 percent, generating USD 3.97 billion in sales by 2027. Increased product demand for industrial and construction applications is propelling the market forward. Silicone sealants have great physical qualities, including high flexibility in extreme temperatures, excellent adhesion, and mould resistance. Moisture, chemicals, and external weather conditions are all resistant to it. It can operate effectively in areas where direct water is present. Asia's GDP was anticipated to be about USD 1,030.7 billion in 2018, with a CAGR of 8.9% expected to reach USD 4,622.3 billion by the end of 2023. Through 2027, rising construction activity in the region as a result of growing urbanization and industrialization may support silicone sealants market trends. The product's various advantages, such as its capacity to tolerate extreme heat and cold, insulation, durability, aesthetic finish, water and chemical resistance, and so on, boost their preference for it over other adhesives and sealants. Growing infrastructure development around the world, particularly in developing nations, is expected to propel market expansion. Key Players: 1. H.B. Fuller Company 2. Henkel AG & Co. KGaA 3. Momentive Performance Materials 4. Sika AG 5. Wacker Chemie AG
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Emerging Manufacturing Business of Magnesium Stearate. Business Ideas for Chemical Industry.

Magnesium stearate is a chemical substance that is made up of inorganic elements. Mg(C18H35O2)2 is its molecular formula. Magnesium stearate is made when sodium stearate reacts with magnesium salts or when magnesium oxide reacts with stearic acid. Magnesium stearate is made from sodium stearate, which is produced from vegetable stearic acid. Magnesium stearate is a mixture of soap scum and magnesium stearate that has two stearate equivalents and one magnesium cat-ion (Mg2+). Magnesium stearate is a powder that is white and insoluble in water. At doses of less than 2500 mg/kg per day, it is deemed safe for human consumption. Magnesium stearate has properties like softness, solvent insolubility, and low toxicity. It's used in the manufacturing of medications and cosmetics as a releasing agent and lubricant. The Purpose of Magnesium Stearate: Medications: Magnesium stearate is referred to as a "flow agent" by pharmaceutical companies. Its primary function is to prevent the contents of a capsule from adhering together. It also acts as a barrier between the drugs and the equipment that produce them. The powder increases the pharmaceutical capsules' uniformity and quality. Cosmetics: Magnesium stearate is a useful ingredient in the cosmetics industry for a variety of reasons. It serves as a bulking agent, anti-caking agent, colourant, and other functions. Magnesium Stearate Uses: The magnesium salt of the fatty acid stearic acid is magnesium stearate. It's been utilised as an emulsifier, binder, and thickener in the food business for decades, as well as an anticaking, lubricant, release, and antifoaming agent. Food supplements, confectionary, chewing gum, herbs & spices, and baking components all include it. In the manufacture of pharmaceutical tablets, capsules, and powders, magnesium stearate is frequently employed as an inactive component. In the production of medicinal tablets, capsules, and powders, magnesium stearate is frequently employed as an anti-adherent. The material is especially beneficial in this regard since it possesses lubricating characteristics, which prevent ingredients from sticking to production equipment during the compression of chemical powders into solid tablets; magnesium stearate is the most often used tablet lubricant. However, it may result in decreased wettability and slower disintegration of the tablets, as well as slower and even lower drug solubility. Magnesium stearate can be utilized in dry coating techniques as well. The global magnesium stearate market was worth $1,492.3 million in 2019, and it is predicted to grow at a rate of 5.3 percent between 2020 and 2030. One of the primary factors encouraging the expansion of the worldwide magnesium stearate market is the rapid growth of the pharmaceuticals sector in Asia-Pacific (APAC), as well as the increasing consumption of the compound in the personal care sector. Pharmaceutical, personal care, and food and beverage sectors are among the industries that use the product. It's widely utilised in the pharmaceutical business as a lubricant, binder, and filler in tablet processing, excipients, and ointment manufacture. The market is likely to see increasing investment in R&D efforts from key market participants. The market is expected to rise due to the increasing use of magnesium stearate as an excipient in tablets, capsules, and other medication formulations. The market is growing due to rising health consciousness among people all over the world, as well as rising disposable incomes in nations like China and India. However, rising raw material prices, such as stearic acid, have hampered demand for the product. The market's upward ascent is being hampered by rising raw material prices. Key Players: • Baerlocher GmbH • Nimbasia • Valtris Specialty Chemicals • James M. Brown Ltd. • Faci Asia Pacific Pte Ltd
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Start Investing in Business of Paprika Oleoresin. Best spice oleoresin Industry for a New Startup.

If a paprika-red colour is desired, paprika oleoresin is commonly used in sausages. The oleoresin is not a colour in and of itself, but it was added to sausages for its color-giving properties. Paprika oleoresins come in a variety of forms and grades, with concentrations ranging from 20 000 to 100 000 colour units (CU). In general, the higher the oleoresin quality, the longer the colour lasts in meat products. The colour obtained from paprika oleoresin in products such as fresh sausages is not stable, and over time, especially when combined with high product storage temperatures, the colour fades until it is completely gone. Food colourants have a short shelf life, however oleoresin paprika is thought to be able to be stored for up to 18 months without losing its natural dyeing capacity. It's usually kept as a dry powder or a liquid paste with a faint odour. There are various tests to see if it's oleoresin paprika or not. Canned meats, sausages, smoked pig, sandwich spreads, and soups, cheeses, orange juice, spice mixes, sauces, and desserts all contain paprika oleoresin. It is used to darken the colour of egg yolks in poultry feed. In many applications where the texture is crucial and minute particles of paprika powder would be undesired, paprika oleoresin is employed as a colour and flavour ingredient. Cheese, orange juice, spice mixes, sauces, desserts, and emulsified processed meats are among the foods coloured with paprika oleoresin. It is used to darken the colour of egg yolks in poultry feed. Because of its anti-inflammatory and anti-oxidant characteristics, product demand is predicted to rise as gastrointestinal disorders become more prevalent. Because of its analgesic, anti-cancer, antioxidant, and anti-inflammation properties, chilli oleoresins are also employed in medicinal applications. They aid in the reduction of free radicals in the body. From 2020 to 2027, the Paprika Oleoresin Market is expected to increase at a CAGR of 4.8 percent, from USD 1.51 billion in 2019 to USD 2.20 billion in 2027. Because of its expanded uses in the food, cosmetics, and pharmaceutical industries, the global Paprika Oleoresin market is likely to see considerable revenue growth over the period. Increased demand for natural colours across the globe is driving the overall paprika oleoresin market's marker revenue growth. The global market for paprika oleoresin is relatively substantial in European countries, owing to ideal meteorological and soil conditions for paprika cultivation, as well as the ability to harvest paprika mechanically, adding to a significant domestic product. The market for paprika oleoresin is growing in tandem with the global demand for food colouring. Food makers are increasingly substituting natural colouring agents for synthetic hues, allowing them to keep their labels clean. Furthermore, a huge proportion of people around the world use far more salt than is necessary. Salt is coloured with paprika oleoresin, and there is a high desire for items with less salt. Key Players: 1. Universal Oleoresins 2. Ungerer and Company 3. Plant Lipids 4. Akay 5. Synthite 6. AVT Natural Products Ltd 7. Indo World 8. Paprika Oleo’s 9. Paras Perfumers
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Investment Opportunities in Menthol Crystal Business. Highly Profitable Business Industry.

Menthol crystals are a form of alcohol made from mint oils by a series of steps that include extraction, distillation, filtration, and crystallization. At room temperature, menthol crystals are transparent crystals that are utilized in a variety of applications in the culinary, cosmetics, and pharmaceutical industries. Decongestants, lip balms, topical analgesics, skin care products, dental floss, massage oils, and cough medicines are all examples of menthol crystals in the pharmaceutical industry. Perfumes, laundry products, soap manufacturing, toothpaste, body sprays, creams, and other cosmetics goods use menthol crystals. Menthol crystals can be made both naturally and synthetically. The analgesic and cooling properties of menthol are utilized in medicinal compositions. It can be added to peppermint-based cosmetics to enhance their cooling and refreshing properties. It's also commonly utilized in the flavouring and confectionery sectors. Used in Hair: Menthol Crystals are used in hair to control oil production, remove dandruff buildup, eliminate or reduce the number of lice and nits, repair damage, remove pollutants and excess sebum, relieve inflammation and irritation, stimulate circulation, purify the strands, promote the hair's natural lustre, and encourage the growth of longer, stronger, and more lush hair. Used in Aromatherapy: Menthol Crystals are used in aromatherapy to help people breathe easier, ease nasal congestion, soothe sore throats, relieve fever symptoms, coughs, headaches, and sinus discomforts, support immunity, and calm their emotions. Used in Cosmetics: Menthol Crystals provide a cooling sensation to the skin, as well as relief from inflammation, itching, and burning. They also help to remove blackheads and whiteheads, reduce the appearance of dark spots and age spots, and promote cleaner skin. They also wash and hydrate the skin, making it appear more luminous, firmer, and smooth. Used in Medicinal: Menthol Crystals are used medicinally to treat aches, pains, cramps, sprains, and irritation because of their cooling feeling. They relax muscles and relieve tension headaches, nausea, and dizziness. They can also be used as decongestants since they increase the sensation of airways opening up. The global menthol crystal market has been developing at a faster rate with considerable growth rates over the previous few years, and it is expected to increase significantly between 2020 and 2027. Inside and out, the Global "Menthol Crystal Market" (2021) examines the effects of a wide range of elements impacting market drivers and progress. Menthol crystals are obtained primarily from natural sources, and as a result, they are rising in popularity in both developed and developing countries. 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. Menthol crystals are natural products, and getting enough yield from their sources is a huge difficulty. Key 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.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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