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

Food & Agro Processing: Project Opportunities in Haryana

PROFILE:

Food processing is a large sector that covers activities such as agriculture, horticulture, plantation, animal husbandry’s and fisheries. India is the world's second largest producer of food and has the potential of being the biggest with the food and agricultural sector. The total food production in India is likely to double in the next ten years and there is an opportunity for large investments in food and food processing technologies, skills and equipment, especially in areas of Canning, Dairy and Food Processing, Specialty Processing, Packaging, Frozen Food/Refrigeration and Thermo Processing. Fruits & Vegetables, Fisheries, Milk & Milk Products, Meat & Poultry, Packaged/Convenience Foods, Alcoholic Beverages & Soft Drinks and Grains are important sub-sectors of the food processing industry. India is one of the major food producers of world but accounts for less than 1.5 per cent of international food trade.

 

RESOURCES:

Haryana has made a significant contribution in agricultural production in the country. Agriculture is the mainstay of more than 75 per cent population in Haryana, with contribution of 28.2 per cent in GDP of the State. Rice, wheat, jowar, bajra, maize, barley and pulses are the major crops of the State. Under the diversification of crops, more and more area is being brought under cash crops like sugarcane, cotton, oilseeds, etc. New crops like castor, groundnut, soyabean and horticulture crops (vegetables and fruits) are also being encouraged. Efforts are being made to encourage intensive and extensive farming in the State. Sustainable agriculture is being promoted through the propagation of resource conserving technologies and organic farming.

Besides, Haryana is called the land of milk, with having one of the highest productions of dairy products in the country. Haryana also ranks second in fish productivity in India. Rivers, canals and drains are the main sources for capturing fisheries in Haryana. The State has Asia's biggest agricultural University known as Chaudhry Charan Singh Haryana Agricultural University at Hisar, which has already made a significant contribution in ushering 'Green Revolution'.

 

GOVERNMENT POLICIES:

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.

•        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 areas.

 

Automobile: Project Opportunities in Haryana

PROFILE:

The automotive industry in India is one of the largest in the world and one of the fastest growing globally. India's passenger car and commercial vehicle manufacturing industry is the seventh largest in the world, with an annual production of more than 3.7 million units in 2010. Automotive industry is the key driver of any growing economy. It plays a pivotal role in country's rapid economic and industrial development. It caters to the requirement of equipment for basic industries like steel, non-ferrous metals, fertilisers, refineries, petrochemicals, shipping, textiles, plastics, glass, rubber, capital equipments, logistics, paper, cement, sugar, etc. It facilitates the improvement in various infrastructure facilities like power, rail and road transport. Due to its deep forward and backward linkages with almost every segment of the economy, the industry has a strong and positive multiplier effect and thus propels progress of a nation. The automotive industry comprises of the automobile and the auto component sectors.

RESOURCES:

Automobile manufacturing sector constitutes Haryana’s primary strength, thanks to the presence of Maruti-Suzuki, Hero-Honda, Honda Motors, Escorts which have led to the development of a large number of ancillaries in this Sector. Gurgaon-Manesar-Bawal region has  been  identified  as  an  Auto  Hub  by  the  Government  of  India.  A number of auto & auto component units have already set up base in this hub. Maruti-Suzuki has already rolled-out its one-millionth car in a year. Haryana is all set to draw huge investments in the auto sector. In the last 45 days, the Haryana government has attracted investments close to Rs 1,000 crore in the sector, giving tough competition to its arch rival Punjab.

GOVERNMENT POLICIES:

Following new initiatives are expected to provide a further boost to this industry:

i) The HSIIDC had earlier allotted 8 acres of land to Automotive Research Association of India (ARAI) in IMT Manesar, for setting up Automotive Testing Laboratory, which is being run by National Automotive Testing, R&D Infrastructure Project (NATRIP). Another site measuring 46 acres has been allotted at concessional rates in IMT Manesar. The foundation stone for this facility has been laid on the 4th of June 2010. The availability of Testing and R&D facility at this centre will facilitate further development of auto & auto components industry in the State; 

ii) It is proposed to create a railway siding facility in IMT Manesar for smooth transportation of the manufactured goods from out of the IMT area for export and across various destinations in the country;

iii) The State would encourage establishment of a Logistics Centre Facility in PPP mode or through the private sector in IMT Manesar for efficient inventory management and dispatches by the industries.

Textiles: Project Opportunities in Haryana

PROFILE:

Textile is a very important part of our life, be it the clothes we wear or the bed and furnishings that we use in our daily life. The history of textile industry is very rich and has impacted the world economy in a big way. It is one of the oldest form of craft and dates back to Neolithic age. Initially twigs, leave and branches were weaved but subsequently other natural fibres were interlaced to form cloth and fabrics.

RESOURCES:

Haryana boasts of a robust handloom tradition, especially in Panipat and an equally vibrant handicraft tradition. Panipat is a major textile town of India famous for its rugs and upholstery fabric. Traditionally women would weave durries (rugs) and khes (thick coverlets) for household use whenever they would be free from agricultural and household work. However, today theses rugs, especially the panja durries (named after a weaving method) are marketed all over the world. Thick fabrics are a speciality of Haryana, as climatic conditions do not allow the use of fine threads in normal looms. The weavers have also developed their skills using thick threads and can weave many beautiful and complicated designs.

GOVERNMENT POLICIES:

The Ministry of Textiles in India has formulated numerous policies and schemes for the development of the textile industry in India. The government of India has been following a policy of promoting and encouraging the handloom sector through a number of programmes. Most of the schematic interventions of the government of India in the ninth and tenth plan period have been through the state agencies and co-operative societies in the handloom industries. Some of the major acts relating to textile industry include: Central Silk Board Act, 1948, The Textiles Committee Act, 1963, The Handlooms Act, 1985, Cotton Control Order, 1986, The Textile Undertakings Act, 1995 Government of India is earnestly trying to provide all the relevant facilities for the textile industry to utilize its full potential and achieve the target. The textile industry is presently experiencing an average annual growth rate of 9-10% and is expected to grow at a rate of 16% in value, which will eventually reach the target of US $ 115 billion by 2012. The clothing and apparel sector are expected to grow at a rate of 21 %t in value terms.

 

Power: Project Opportunities in Haryana

PROFILE:

The power industry plays a vital role in the economic development of any country. Electricity is a key driver of rapid economic growth and industrialization in the country. It is one of the critical infrastructure on which development of several economic sectors depend. India is the world's sixth largest energy consumer accounting for about 3.5% of the world's total annual energy consumption. Availability of reliable and quality power at competitive rates to Indian industry is necessary to make it globally competitive and to enable it to exploit the tremendous potential of employment generation. Over the years, Indian power industry has shown considerable growth. Foreign direct investment (FDI) up to 100 percent has been permitted through automatic route in generation, transmission and distribution segments.

 

RESOURCES:

The power industry plays a vital role in the economic development of any country. Electricity is a key driver of rapid economic growth and industrialization in the country. It is one of the critical infrastructure on which development of several economic sectors depend. India is the world's sixth largest energy consumer accounting for about 3.5% of the world's total annual energy consumption. Availability of reliable and quality power at competitive rates to Indian industry is necessary to make it globally competitive and to enable it to exploit the tremendous potential of employment generation. Over the years, Indian power industry has shown considerable growth. Foreign direct investment (FDI) up to 100 percent has been permitted through automatic route in generation, transmission and distribution segments.

 

GOVERNMENT POLICIES:

The Government of India has modified the Mega Power Policy to smoothen the procedures further.  The modified Mega Power Policy is as follows:

(i) The power projects with the following threshold capacity shall be eligible for the benefit of mega power policy:

(a) A thermal power plant of capacity 1000 MW or more; or

(b) A thermal power plant of capacity of 700 MW or more located in the States of J&K, Sikkim, Arunachal Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland and Tripura or

(c) A hydel power plant of capacity of 500 MW or more

(d) A hydel power plant of a capacity of 350 MW or more, located in the States of J&K, Sikkim, Arunachal Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland and Tripura; 

(e) Government has decided to extend mega policy benefits to brownfield (expansion) projects also. In case of   brownfield (expansion) phase of the existing mega project, size of the expansion unit(s) would not be not less than that provided in the earlier phase of the project granted mega power project certificate. 

 

Tourism: Project Opportunities in Haryana

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. The tourism industry in India is substantial and vibrant, and the country is fast becoming a major global destination. India’s travel and tourism industry is one of them most profitable industries in the country, and also credited with contributing a substantial amount of foreign exchange. Indian Tourism offers a potpourri of different cultures, traditions, festivals, and places of interest.

RESOURCES:

The state of Haryana is blessed with the bounty of nature. 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. The tourism industry in India is substantial and vibrant, and the country is fast becoming a major global destination. India’s travel and tourism industry is one of them most profitable industries in the country, and also credited with contributing a substantial amount of foreign exchange. Indian Tourism offers a potpourri of different cultures, traditions, festivals, and places of interest.

The state of Haryana houses several Sikh Gurdwaras that represents the secular tradition of the people of the state. Apart from performing the religious duties, the Gurdwaras also engage in several social activities. Representing the variant cultural tradition of the state, Haryana has many Muslim "Shrines" that attracts. The Muslim Shrines are noted for their architectural styles. Haryana houses several "Churches" that adds to the diversity of the state. The ceilings of the Church are ornamented with beautiful designs and the walls are adorned with paintings which reflect the artistic imagination of the past golden era.

The state boasts of several places of Pilgrims which have a significant religious and historical importance. The historical place of Kurukshetra, Jyotisar, Thaneshwar, Pehowa and Panchkula reminds one of the rich historical past of our country. The state of Haryana boasts of the rich bio- diversity of the regions which is manifested through the vast reserve of the rare and endangered species of birds in the famous wild life sanctuary of the Sultanpur Bird Sanctuary. Haryana also has several "forts" that adds to the historicity of the state. The strategic location of Haryana was guarded by the construction of huge Forts.

GOVERNMENT POLICIES:

In order to develop tourism in India in a systematic manner, position it as a major engine of economic growth and to harness its direct and multiplier effects for employment and poverty eradication in an environmentally sustainable manner, the National Tourism Policy was formulated in the year 2002. Broadly, the Policy attempts to:-

•        Position tourism as a major engine of economic growth;

•        Harness the direct and multiplier effects of tourism for employment generation, economic development and providing impetus to rural tourism;

•        Focus on domestic tourism as a major driver of tourism growth.

•        Position India as a global brand to take advantage of the burgeoning global travel trade and the vast untapped potential of India as a destination;

•        Acknowledges the critical role of private sector with government working as a pro-active facilitator and catalyst;

•        Create and develop integrated tourism circuits based on India’s unique civilization, heritage, and culture in partnership with States, private sector and other agencies; and

•        Ensure that the tourist to India gets physically invigorated, mentally rejuvenated, culturally enriched, spiritually elevated and “feel India from within”.

 

E-Waste Management: Project Opportunities in Haryana

PROFILE:

E-waste is a popular, informal name for electronic products nearing the end of their useful life. E-wastes are considered dangerous, as certain components of some electronic products contain materials that are hazardous, depending on their condition and density. The hazardous content of these materials pose a threat to human health and environment. Discarded computers, televisions, VCRs, stereos, copiers, fax machines, electric lamps, cell phones, audio equipment and batteries if improperly disposed can leach lead and other substances into soil and groundwater. Many of these products can be reused, refurbished, or recycled in an environmentally sound manner so that they are less harmful to the ecosystem. This paper highlights the hazards of e-wastes, the need for its appropriate management and options that can be implemented.

 

RESOURCES:

Gurgaon known for being the home to over two hundred Fortune 500 companies and a hub of BPOs, Gurgaon is also the biggest producer of e-waste. A recent study revealed that Gurgaon generates about 8,000 metric tonnes (MT) of e-waste every year, the highest in the country. The groundwater in Gurgaon is contaminated with lead and heavy metals because of the unregulated disposal of e-waste and other solid and liquid waste, says the study.

Haryana, in fact, is still to implement its e-waste policy even after the Central Pollution Control Board notified it long back. The e-waste was growing at the pace of 20 per cent annually in India. It was going up in Delhi region, that includes Gurgaon, at the phenomenal rate of more than 40 per cent, it said. It is estimated that the Delhi region would produce about six lakh metric tons of e-waste annually and would continue to be the highest e-waste producer with Gurgaon contributing to it in a major way.

With the increasing use of computers in households, purchase of mobile phones and television sets, e-waste in Delhi region, including Gurgaon, is going to go up phenomenally, the study says. The study has revealed that IT companies in Gurgaon dispose off about 40,000 computers every year while the country’s figure is 20 lakh computers annually.

Haryana is still to introduce e-waste policy in the state. Unregulated disposal of e-waste has resulted in groundwater contamination in Gurgaon. Haryana government on e-waste disposal, the BPOs and other IT companies are taking initiatives on their own.

GOVERNMENT POLICIES:

A comprehensive law that provides e-waste regulation and management and proper disposal of hazardous wastes is required. Such a law should empower the agency to control, supervise and regulate the relevant activities of government departments. Under this law, the agency concerned should collect basic information on the materials from manufacturers, processors and importers and to maintain an inventory of these materials. The information should include toxicity and potential harmful effects.

•        Identify potentially harmful substances and require the industry to test them for adverse health and environmental effects.

•        Control risks from manufacture, processing, distribution, use and disposal of electronic wastes.

•        Encourage beneficial reuse of e-waste and encouraging business activities that use waste. Set up programs so as to promote recycling among citizens and businesses.

•        Educate e-waste generators on reuse/recycling options

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Filter (for All Vehicles)

Filters containing an absorbent or catalyst such as charcoal (carbon) may also remove odors and gaseous pollutants such as volatile organic compounds or ozone. A particulate air filter is a device composed of fibrous materials which removes solid particulates such as dust, pollen, mould, and bacteria from the air. Filters containing an absorbent or catalyst such as charcoal (carbon) may also remove odors and gaseous pollutants such as volatile organic compounds or ozone. Air filters are used in applications where air quality is important, notably in building ventilation systems and in engines. Automotive filter remove the solid matters such as dust, mould and pollen from the fuel and gas. Automotive filters help the engine to run smoothly and ensure that there is adequate air flow to the engine which further lessens the fuel consumption and carbon emission. High research & development and collaboration between companies have been seen as an emerging trend across the global automotive filter market. The global automotive filters market is expected to intensify in the near future. The fragmented nature of competitive landscape likely to remain so due to an unstoppable influx of new players. An automotive filter aids in extending engine life, as it competently traps dirt and debris that damages the internal parts of an engine such as pistons and cylinders. A small particle of salt can damage the engine, which further entails high repairing cost. Automotive filters enables proper air flow to the engine, thus maintaining optimal combustion through appropriate air-fuel mixture.
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Ayurvedic Pain Balm (Ointment)

Ayurvedic pain balm helps in balancing the blood circulation and reducing the inflammation. Inflammation can be caused by building up of toxins under the skin and Ayurvedic ointment for muscle pain helps in getting rid of them. Ayurveda, the traditional Indian medicinal system remains the most ancient yet living traditions with sound philosophical and experimental basis. It is a science of life with a holistic approach to health and personalized medicine. It is known to be a complete medical system that comprised physical, psychological, philosophical, ethical, and spiritual health. In Ayurveda, each cell is considered to be inherently an essential expression of pure intelligence hence called self-healing science. In addition, to the self-healing concept, the use of herbal treatment is equally important in this Indian traditional system of medicine.
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Electronic Cut Out For Automobile

Electronic cut-out is an electronic protection which can charge and discharge the battery as per the alternator requires current. A pair of wire is mounted on the cut-out, called as phase and neutral which comes from the alternator discharged from the alternator and pases through the circuit of the cut-out. As the speed of the alternator increases and its terminal voltage rises, current will flow from the alternation to battery through electronic cut-out. When the output voltage exceeds the predefined voltage, which is adjusted before at potentiometer, then the cut-out does not allow the battery to charge again. The current flow through the cut-out will be grounded. Again when the alternator voltage decreases compare to the battery voltage, then the battery will start supply the current to the alternator. The supply of the battery current will continue till the voltage of the alternator rises to its pre-define value. The cut out has no part in varying the rate of charge of the alternator, its only function being to connect the battery to the changing circuit as soon as the alternator terminal voltage rises above that of the battery, and to disconnect the battery when the alternator terminal voltage falls below this level. If the cut out contacts remain closed with the alternator stationary, a heavy current will flow from the battery through the alternator armature and will very quickly burn out the armature conductors. For this reason it is extremely unwise to close the cut-out contact whilst the engine of the vehicle is stationary.
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Red Oxide Primer [Anti-Corrosive]

Red Oxide Primer is specially formulated for use on both bare and rusty iron and steel. Red oxide primer is a specially formulated coating used as a base coat for ferrous metals. Red-oxide primer serves a similar purpose to interior wall primers in that it prepares your metal for a topcoat, but it also gives iron and steel surfaces a layer of protection. Working with red oxide primer is not difficult. Red oxide primer is intended for use on interior and exterior ferrous metal and is not usually suitable for galvanized or nonferrous metals like aluminum, copper or brass. Ferrous refers to metals that contain iron. If you’re uncertain whether your metal is ferrous or nonferrous, use a magnet to test it. Ferrous metals are magnetic, and nonferrous metals are not. It is also not suitable for use on asphalt or bituminous surfaces. Red oxide primer is an anti-corrosion coating designed to stop rust formation. It can be applied directly over a rusty surface and is most ideal for exterior use. Red oxide primer can be covered with most conventional topcoats once it fully dries. Red Oxide Primer can be used for: • BBQ • Fire Surround • Garage door • Metal Garden furniture • Metal Railings • Radiator
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Pressure Die Casting

Pressure die casting is a quick, reliable and cost-effective manufacturing process for production of high volume, metal components that are net-shaped have tight tolerances. Basically, the pressure die casting process consists of injecting under high pressure a molten metal alloy into a steel mold (or tool). This gets solidified rapidly (from milliseconds to a few seconds) to form a net shaped component. It is then automatically extracted. Die casting process is preferred for nonferrous metal parts of intricate shapes. Examples of products are automobiles appliances, hand tools, computer peripherals, toys, optical and photographic equipment etc. Advantages of Pressure Die Casting: • Lower costs compared to other processes. • Economical - typically production of any number of components from thousands to millions before requiring replacement is possible. • Castings with close dimensional control and good surface finish • Castings with thin walls, and therefore are lighter in weight Depending upon the pressure used, there are two types of pressure die casting namely High Pressure Die Casting and Low Pressure Die Casting. While high pressure die casting has wider application encompassing nearly 50% of all light alloy casting production. Currently low pressure die casting accounts for about 20% of the total production but its use is increasing. High pressure castings are must for castings requiring tight tolerance and detailed geometry. As the extra pressure is able to push the metal into more detailed features in the mold. Low pressure die casting is commonly used for larger and non-critical parts.
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Bonded Abrasives

Bonded abrasives are a mixture of abrasive grains, fillers and bonding materials. The bonding agent can be vitreous; resin, rubber, shellac, epoxy, magnesite and a range of bonding materials often referred to as a ‘plastic’. They are used to remove surface materials such as metal, ceramics, glass, plastics, and paint. Bonded abrasives are used in both grinding wheels and abrasive stones or sticks. Grinding wheels are used in a variety of applications and industries, while abrasive stones or sticks are used for sharpening edges and honing internal or external surfaces. Bonded abrasives are the natural or synthetic abrasive grains which are usually bonded into a solid form. Bonded abrasives are usually made of the abrasive grains that are closely sized and molded or pressed to produce a wide variety of the products. Bonded abrasives are usually in the shape of a wheel. The products range of the bonded abrasives also includes the snagging wheel, mounted wheel, grinding and the cut-off wheel, cones and plugs. Bonded abrasives are mainly used for precision grinding, cutting, rough grinding, and lapping, sharpening and light grinding among others. The growing automobile industry is expected to boost the overall growth of the bonded abrasives market. Bonded abrasives are widely used in giving the required surface finish as well as the desired design to the automobiles. The increasing demands for the advanced technology based machineries are further expected to boost the demand for the bonded abrasives. The bonded abrasives help in the super finishing of the machine shaft in order to achieve the required roughness. The bonded abrasives are used in providing the smooth finish to the various tools and the machineries that are manufactured. The bonding abrasives are used in the polishing as well as deburring of the bore holes on the machine blocks. Regular maintenances of the workshops further boost the overall demand for the bonded abrasives market. The increasing use of the bonded abrasives for de-scaling and for the rust and dust removal has augmented the overall growth for the bonded abrasives market. The bonded abrasives are also widely used in the medical sector. Bonded abrasives are used to sharpen the dental tools. The bonded abrasives are also used for smoothening of the edges of the dental tools such that it is extremely convenient for the doctors to use the dental tools on the patients.
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Magnesium Hydroxide Powder

Magnesium hydroxide is a white, odourless, inorganic alkaline compound, which has strong neutralizing properties compared to conventional neutralizing agents such as caustic soda. Magnesium hydroxide is abundantly found in nature in the form of brucite minerals or produced from brine sea water by the precipitation method. It finds variety of application across diverse set of industries. Some of the prominent applications include environmental applications such as flue gas desulphurisation and wastewater treatment. It provides superior and cost effective solution as a neutralizing agent in waste water treatment application, as compared to the conventional water treatment chemicals such as caustic soda. In flue gas desulphurisation, it is used as an absorber to recover sulphur di oxide from flue gas. Another protruding application of magnesium hydroxide is in pharmaceuticals. Its suspension, also known as milk of magnesia is used as an antacid or laxative to recover gastrointestinal illnesses. It also used as flame retardant or smoke suppressant in plastics such as polyamide, polyvinyl chloride, and polypropylene, etc. Its endothermic degradation at relatively higher temperature and thermal stability marks it a potential choice as an additive over other flame retardant additives present in the market. Other magnesium hydroxide applications include cellulose protector in pulp and paper industry, as a source of magnesium for different applications, manufacturing of magnesium salts, ceramic, food additives, and lubricants. The increasing consumption of magnesium hydroxide in environmental applications is expected to be the primary driver for magnesium hydroxide market growth. Increasing wastewater treatment investment by oil & gas industries, chemical industries, power plants and municipal corporations, globally is anticipated to drive the magnesium hydroxide market growth, further. Besides, rising efforts of environmental organizations toward reducing the use of halogenated flame retardants is anticipated to drive the magnesium hydroxide market, over the forecast period.
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Automobile Gaskets

Gaskets are the components used in vehicles to prevent fluid and gas leakage. They fill the gap between the automotive components thus ensuring no leakage. The seals prevent lubricants from escaping the bearings. The seal also avoids dust and other contaminants from entering the machinery. With the technological advancements, gaskets and seals offer an effective means to obtain better fuel economy and have reduced the repair and maintenance requirement, thereby improving the average life span of automotive components. Moreover, the stringent regulations regarding the maximum limit on emissions as incorporated by automotive agencies are further expected to drive the market. There has been an increasing usage of lightweight materials such as silicone rubber to further cut fuel cost and improve efficiency. The manufacturers are focusing on the development of materials that reduce the fuel requirement and can withstand high heat as well as pressure.
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Solar Water Heater

Solar water heater is a device that can be used to capture sunlight in order to heat the water in your pipes to be used for baths, showers, etc. Solar water heater or SWH comprises a solar panel, inverter system, and a water storage tank. The sunlight that falls on the solar panels is used to heat the water inside the insulated storage tank either through a pump or directly through the thermosyphon principle. In the thermosyphon principle, fluid circulation is based on natural convention, where warm water rises and is replaced by cold water. Some of the advantages of SWHs over CWHs are: cost-effectiveness and reduced dependence on other fossil fuels. SWHs are generally installed on the roof of a building where the intensity of sunlight is maximum throughout the day. The market for solar water heaters in India is expected to reach INR 1369 crore till 2021. Karnataka and Bangalore are having maximum share in India. In India the SWH market has been through many ups and downs. The market changes drastically in some year, remains stable for a while and then again decreases as shown in the below graph. In solar water heaters the residential sector is driving the market. Residential sector has penetrated almost 80% in the market. Industries and other commercial institutes are also picking up solar water heater as a better option. Electric water heaters are still dominating the market, but solar water heater is also growing rapidly to make a considerate share in the water heater market. Global Solar Water Heater Market is projected to exceed USD 4 billion by 2024, growing demand for environment friendly, cost effective and reliable systems for water heating purposes across commercial, industrial, and residential sector will augment the solar water heater market. Ability to reduce electricity bill by 50% to 80% will encourage the product penetration over the forecast timeline.
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Plastic Moulded Furniture

Plastic moulded furniture has virtually exploded in the Indian scenario and from a stage of infancy the field has risen to almost 70 million in volume, consuming almost 170 kt of polypropylene material. Plastic furniture is essentially based on composition of polypropylene (PP) which contains hopolymer to provide rigidity and copolymer to lend impact. Plastic moulded furniture could be labelled as environment friendly since it contributes immensely in saving forests. Bihar produces more than four lakh units of plastic furniture per day, including chairs, centre tables and dining tables. Industry experts said each mould used in manufacturing plastic furniture costs around Rs 25 lakh. China, Nigeria, America and Germany are the major suppliers of moulds in the world.
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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About NIIR PROJECT CONSULTANCY SERVICES

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

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

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

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