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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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Granite & Marble Chips

Granite is a common type of felsic intrusive igneous rock that is granular and phaneritic in texture. Granites can be predominantly white, pink, or gray in color, depending on their mineralogy. The word "granite" comes from the Latin granum, a grain, in reference to the coarse-grained structure of such a holocrystalline rock. Strictly speaking, granite is an igneous rock with between 20% and 60% quartz by volume, and at least 35% of the total feldspar consisting of alkali feldspar, although commonly the term "granite" is used to refer to a wider range of coarse-grained igneous rocks containing quartz and feldspar. Marble chips (White Limestone) are mostly made up of calcium carbonate, which is an alkaline compound. Being alkaline, it reacts with hydrochloric acid to produce calcium chloride, water and carbon dioxide. Calcium chloride is white, water and carbon dioxide are colorless. Large lumps of marble chips are crushed to smaller and all impurities are removed from it. Due to its glistening feature, it can be used in beautifying any landscape and also as building material for sculpture. Premium White Marble Chips, prized for its many uses has been quarried for thousands of years. The Romans and Greeks used it for sculpting and architecture. The global granite market size was valued at US$14.76 billion in 2016, and this figure is expected to reach US$17.68 billion by 2021. Over the past five years, the global granite market maintained a strong annual growth rate of 3.3% from US$13.39 billion in 2013. The market growth is mainly driven by the surging construction and renovation activities in developed countries, rapid industrialization and urbanization in developing countries, changing consumer preference for natural looking home décor, and the growing commercial value of granite products in the global market.
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Granite & Marble Chips

Granite is a common type of felsic intrusive igneous rock that is granular and phaneritic in texture. Granites can be predominantly white, pink, or gray in color, depending on their mineralogy. The word "granite" comes from the Latin granum, a grain, in reference to the coarse-grained structure of such a holocrystalline rock. Strictly speaking, granite is an igneous rock with between 20% and 60% quartz by volume, and at least 35% of the total feldspar consisting of alkali feldspar, although commonly the term "granite" is used to refer to a wider range of coarse-grained igneous rocks containing quartz and feldspar. Marble chips (White Limestone) are mostly made up of calcium carbonate, which is an alkaline compound. Being alkaline, it reacts with hydrochloric acid to produce calcium chloride, water and carbon dioxide. Calcium chloride is white, water and carbon dioxide are colorless. Large lumps of marble chips are crushed to smaller and all impurities are removed from it. Due to its glistening feature, it can be used in beautifying any landscape and also as building material for sculpture. Premium White Marble Chips, prized for its many uses has been quarried for thousands of years. The Romans and Greeks used it for sculpting and architecture. The global granite market size was valued at US$14.76 billion in 2016, and this figure is expected to reach US$17.68 billion by 2021. Over the past five years, the global granite market maintained a strong annual growth rate of 3.3% from US$13.39 billion in 2013. The market growth is mainly driven by the surging construction and renovation activities in developed countries, rapid industrialization and urbanization in developing countries, changing consumer preference for natural looking home décor, and the growing commercial value of granite products in the global market.
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Open Top Sanitary Cans for Food, Pesticides, Paint

A rigid metal container which can be hermetically sealed for packing of thermally and non-thermally processed foods and drinks like fruit and vegetable products, synthetic beverages, meat and fish products, dairy products, instant coffee, instant tea, pesticides & Paint etc. The Global Canned Food Packaging Market was worth USD xx million in 2016 and estimated to be growing at a CAGR of xx%, to reach USD xx million by 2021. Packaging plays an important role in fulfilling the needs of the customers. The Global Canned Food Packaging Market is segmented on the basis of Type of can, Material, Application and Distribution channel. Depending on types of can, the market is segmented into 3-piece welded food cans, 2-piece food cans and open top sanitary can.
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Shoe Uppers

The term upper refers to the part or parts of a shoe that cover the toes, the top of the foot, the sides of the foot, and the back of the heel. It is attached to the outsole of a shoe by the welt. It is one of the two general parts of the shoe, the upper and the sole. Depending on the style of the shoe, the upper of a shoe can be cut or molded as a single piece or it can be comprised of many pieces stitched together. Parts of a shoe's upper can include the vamp, the back, the tongue, the quarter, and the lining. Uppers can be made from a variety of materials, with the most popular being leather, satin, suede, and canvas. Athletic shoe uppers are often made of a breathable mesh fabric. Uppers for sandals and flip-flops may be simple straps. Footwear industry in India is very optimistic right now with growing awareness about the latest trends and consciousness among consumers. India is the second largest footwear producer in the world, with footwear production accounting for approximately 9 per cent of the global annual production – 22 billion pairs as compared to China, which produces over 60 per cent of the global production. The footwear market in India, like its international counterpart, has always been broadly classified into three segments, Men’s, Women’s and Kids. Men’s market is growing at a CAGR of 10 per cent. At present, men’s market contributes around 60 per cent of sales in the footwear segment as against women’s share of 30 per cent. The women’s segment, however, is growing at a much faster CAGR of 20 per cent.
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Washerless Faucet

A faucet is a device regulating the release of any form of liquid or gas. Faucets consist of various components, which include handle, cartridge, spout, mixing chamber, aerator, and water inlets. Faucets are available in wide range of colors, styles, and finishes in order to meet the demand from customers. When the handle of a faucet is turned on, the valve opens and regulates the flow of liquid/gas. The flow can be adjusted as per the user’s requirement. The body of the faucet is generally made of brass, although die-cast zinc and chrome-plated plastic are also utilized in the manufacture. Growing real estate sector including commercial, residential, and hospitality sectors, along with the rising disposable incomes, steady increase in urbanization, and high brand awareness among the consumers are projected to be the various factors boosting the growth of the global faucets market. Moreover, governments of various countries are introducing novel housing policies for rural areas, lowering housing loans, endorsing foreign investments in industrial sector and so on. The aforementioned reasons are expected to bolster the demand for faucets and in turn, propel the global faucets market growth. The rapid growth exhibited by the housing industry acts as the key driver bolstering the faucets market growth. The steady rise in the sales of homes and construction of skyscrapers and new commercial as well as residential buildings in several developing countries are projected to influence the growth of global market for faucets significantly over the forecast period.
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Armoured Cable

Armoured cable has an extra layer of protection to keep it from being cut or abraded. The armor layer of coax cable is a foil wrap that is ribbed like corrugated metal to allow for flexibility, around the inside and outside of that wrap is a flooding compound to keep moisture from penetrating the cable and causing an impairment. The internal structure of 4 core armoured cable consists of many layers to prevent the cable from damage. The outer jacket provides protection against rodent, abrasion and twist, which is usually made of plastic. And the armoring materials are mainly come from kevlar, steel, and aluminum foils, aiming to protect the armored cable from being stretched during installation. Cable Glands Market generated revenue of $1,667 million in 2016 and is projected to reach $2,513 million by 2023, registering a CAGR of 6.1% during the forecast period, i.e. from 2017 to 2023. In 2016, the armored segment is anticipated to grow at the highest rate during the forecast period.
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Buffing & Polishing Compound

These compounds can be used to smooth and/or shine metals, plastic, wood, and other materials. The names buffing compound and polishing compound are used interchangeably and refer to fine abrasive fillers combined with greases which are formed into solid bars or liquid. Polishing is the process which removes surface material, improving the surface and preparing it for buffing. This is generally a coarse operation involving sandpaper and/or coarse polishing compounds. Buffing is a process which makes the surface smooth producing a high luster and mirror finish if desired. This is done with the use of buffing wheels and buffing compounds. Buffing can be divided into two steps; cut buffing and color buffing.
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Chromic Acid

The term chromic acid is usually used for a mixture made by adding concentrated sulfuric acid to a dichromate, which may contain a variety of compounds, including solid chromium trioxide. This kind of chromic acid may be used as a cleaning mixture for glass. Chromic acid may also refer to the molecular species, H2CrO4 of which the trioxide is the anhydride. Chromic acid features chromium in an oxidation state of +6 (or VI). It is a strong and corrosive oxidising agent. The global chromium market size is expected to reach USD 16.55 billion by 2025, registering a 2.7% CAGR during the forecast period. Increasing demand from the stainless steel industry has been a key factor driving market growth globally. Robust growth of various end-use industries in Asia Pacific is fueling stainless steel demand and, in turn, demand for chromium.
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Chromic Acid

The term chromic acid is usually used for a mixture made by adding concentrated sulfuric acid to a dichromate, which may contain a variety of compounds, including solid chromium trioxide. This kind of chromic acid may be used as a cleaning mixture for glass. Chromic acid may also refer to the molecular species, H2CrO4 of which the trioxide is the anhydride. Chromic acid features chromium in an oxidation state of +6 (or VI). It is a strong and corrosive oxidising agent. The global chromium market size is expected to reach USD 16.55 billion by 2025, registering a 2.7% CAGR during the forecast period. Increasing demand from the stainless steel industry has been a key factor driving market growth globally. Robust growth of various end-use industries in Asia Pacific is fueling stainless steel demand and, in turn, demand for chromium.
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Corrosion Controlling Chemicals (Pipe Lines)

Corrosion control solutions protect the lifetime and productivity of your assets by reducing equipment failure, maximizing production time, and reducing leaks and spills. By combining innovative chemistries, knowledgeable experts and continuous monitoring, we ensure the right chemical treatment program is implemented to solve your corrosion challenge. The global corrosion inhibitors market size was USD 5.99 billion in 2015 and is expected to show significant growth over the forecast period owing to rising metal processing, power generation, and construction sector. Corrosion inhibitors have been gaining popularity over the past few years, as it increases the service life of equipment by forming a protective layer on the surface. Increasing application in water treatment, power generation, refining, construction and mining industries will stimulate product demand over the next eight years.
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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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