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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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Optical Fibre

Fiber optics, or optical fiber, refers to the medium and the technology associated with the transmission of information as light pulses along a glass or plastic strand or fiber. Optical fibre-based current and voltage sensors are becoming popular for such applications because of the many advantages these sensors offer over the conventional current and voltage transformers. The Indian domestic optical fibre market, during the past fiscal has grown tremendously and it is expected to over read a value of USD 290 mn by 2018, registering a growth at a CAGR of 12.5 %.The global Optical Fibre market was valued at $509.7 billion US Dollars (USD), with a steady Compound Annual Growth Rate (CAGR) of 5.8% between 2014 and 2020.Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • AkshOptifibre Ltd. • Aksh Technologies Ltd. • Cosmos Fibre Glass Ltd. • Crest Precision Screws Pvt. Ltd. • Everlast Composites Pvt. Ltd. • General Optics (Asia) Ltd.
Plant capacity: Optical Fibre Preform 50 Dia: 3000000 KMeters/AnnumPlant & machinery: Rs. 3013 lakhs
Working capital: -T.C.I: Cost of Project : Rs3828 lakhs
Return: 29.00%Break even: 60.00%
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Water Soluble Fertilizer Blends For Drip Irrigation Systems

A water soluble fertilizer is a compound that dissolves easily in water and provides nutrients for plants. This type of fertilizer may then be absorbed quickly and completely by the plant root system. It is typically used entirely by the plant and washes out of the soil without leaving behind an excess of unused nutrients or toxins.With water soluble fertilizers it is easy to control the precise amount of nutrients available to plants. India water soluble fertilizers market stood at around $ 185 million in 2016 and is projected to grow at a CAGR of over 6% to surpass $ 356 million by 2027, on account of increasing popularity of complex water-soluble fertilizers and micronutrients in horticulture and ornamental crops.India is the second biggest consumer of fertilizer in the world next only to China.As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • Arawali Phosphate Ltd. • Basant Agro Tech (India) Ltd. • Bharat Chemicals & Fertilizers Ltd. • Brahmaputra Valley Fertilizer Corpn. Ltd. • Coimbatore Pioneer Fertilzers Ltd. • DeogiriFertilisers Ltd.
Plant capacity: NPK Fertilizer (19-19-19) (in 5 Kgs Size Pack) : 32 MT/dayPlant & machinery: Rs. 87 lakhs
Working capital: -T.C.I: Cost of Project: Rs529 lakhs
Return: 28.00%Break even: 60.00%
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Bauxite Calcination (by Rotary Kiln with Fine Grinding Ball Mill)

Calcined bauxite is an important raw material for two main markets: refractories and abrasives.Bauxite is a naturally occurring, heterogeneous material comprised primarily of one or more aluminum hydroxide minerals plus various mixtures of silica (SiO2), iron oxide (Fe2O3), titaniai (TiO2), alumino silicates (clay, etc.), and other impurities in trace amounts. India currently imports 60% of its Calcined Bauxite from China. Spurred by expansion of domestic steel production, a scarcity of acceptable quality of bauxite from China and raising import cost, drives are now under way in India to produce high grade bauxite from domestic bauxite sources.Global Calcined Bauxite Market was valued at $16,680 million in 2016, and is expected to reach $29,648 million by 2023. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Bombay Minerals Ltd. • Gujarat Bauxite Ltd. • Gujarat Mineral Devp. Corpn. Ltd. • Hind AluminiumInds. Ltd. • IntelliproAviatech Ltd. • M M T C Ltd.
Plant capacity: Calcined Bauxite: 40 MT/dayPlant & machinery: Rs. 219 lakhs
Working capital: -T.C.I: Cost of Project: Rs766 lakhs
Return: 26.00%Break even: 56.00%
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Bauxite Calcination (by Rotary Kiln with Fine Grinding Ball Mill)

Calcined bauxite is an important raw material for two main markets: refractories and abrasives.Bauxite is a naturally occurring, heterogeneous material comprised primarily of one or more aluminum hydroxide minerals plus various mixtures of silica (SiO2), iron oxide (Fe2O3), titaniai (TiO2), alumino silicates (clay, etc.), and other impurities in trace amounts. India currently imports 60% of its Calcined Bauxite from China. Spurred by expansion of domestic steel production, a scarcity of acceptable quality of bauxite from China and raising import cost, drives are now under way in India to produce high grade bauxite from domestic bauxite sources.Global Calcined Bauxite Market was valued at $16,680 million in 2016, and is expected to reach $29,648 million by 2023. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Bombay Minerals Ltd. • Gujarat Bauxite Ltd. • Gujarat Mineral Devp. Corpn. Ltd. • Hind AluminiumInds. Ltd. • IntelliproAviatech Ltd. • M M T C Ltd.
Plant capacity: Calcined Bauxite: 40 MT/dayPlant & machinery: Rs. 219 lakhs
Working capital: -T.C.I: Cost of Project: Rs766 lakhs
Return: 26.00%Break even: 56.00%
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High Temperature Aluminium Based Paint

Heat Resistant Aluminum Paint. 600°C. These paints can resist heat, flames, grease, rust and smoke, which make them ideal for specific applications.Paint is prepared by mixing a particular binder or binder combination, solvent or solvent blend, additives and, perhaps, pigment or group of pigments together in an exact way to produce a specific formulation that, when cured, will possess certain properties. Global demand for paint and coatings is forecast to rise 3.7 percent per year to 54.7 million metric tons in 2020, valued at $193 billion.The market has observed a surge in demand for High Temperature Coatings from the automotive industry for its usage in vehicle protection and is a crucial driver of the market. High Temperature Coatings are extensively used cookware, stoves & grills, bakeware as it provides excellent resistance against heat.Which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • A P Coatings Ltd. • Advance Paints Pvt. Ltd. • Akzo Nobel Coatings India Pvt. Ltd. • Asian Paints Indl. Coatings Ltd. • Asian Paints P P G Pvt. Ltd. • Bombay Paints Ltd.
Plant capacity: High Temperature Aluminium Based Paint: 200 Kg/dayPlant & machinery: Rs 8 lakhs
Working capital: -T.C.I: Cost of Project : Rs. 52 lakhs
Return: 28.00%Break even: 66.00%
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Dehydrated Fruits

Dehydration is a process by which shelf life of the fruits can be extended by evaporating water while preserving the taste.Dehydrated products can be used during off season and the fresh produce of far off places can be saved from decomposition due to severe weather conditions and inefficient transport facilities. It is one of the oldest methods of preserving fruit is removes moisture stops the growth of bacteria, yeasts & molds that normally spoil fruit. The Indian dried fruits industry size is currently pegged at Rs 15,000 crore (4,50,000 tons approx.). By 2020, this is likely to reach almost a million tonnes in volume, leading to an industry size exceeding Rs 30,000 crore. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • EstelAgrotech Ltd. • Freshtrop Fruits Ltd. • Infragro Industries Ltd. • Konkan Mango Processing (Ratnagiri) Pvt. Ltd. • Peninsular Agro Pvt. Ltd. • Ready Foods Ltd.
Plant capacity: Dehydrated Fruits: 400 Kgs./dayPlant & machinery: Rs. 1084 lakhs
Working capital: -T.C.I: Cost of Project : Rs1425 lakhs
Return: 26.00%Break even: 45.00%
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Magnesium Sulphate (Fertiliser Grade)

Magnesium Sulphate is commercially available as heptahydrate, monohydrate, anhydrous or dried form containing the equivalent of 2-3 waters of hydration.Magnesium Sulphate occurs naturally in seawater, mineral springs and in minerals such as kieserite and epsomite.Magnesium Sulphate is used as fertiliser for supplying trace amounts of magnesium and Sulphate to the plant. Magnesium Sulphate of fertiliser grade manufactured by using magnesium ores. ? The fertilizers market in India is expected to reach a market value of USD XX in 2022 from USD 27.1 billion in 2016, growing at a CAGR of XX%.Global Magnesium Sulphate Market has very wide market in 21st century and it has been valued as $ 10,731.05 million by 2027 with a CAGR of 4.28%.This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Liberty Phosphate Ltd. • Mahavir Green Crop Ltd. • Narmada Bio-Chem Ltd. • Pioneer Magnesia Works Pvt. Ltd. • Samruddhi Nutrients India Pvt. Ltd. • Sikko Industries Ltd.
Plant capacity: Magnesium Sulphate (Fertiliser Grade): 24 MT/dayPlant & machinery: Rs. 147 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 434 lakhs
Return: 28.00%Break even: 56.00%
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Caffeine from Tea Waste

Caffeine belongs to a family of naturally occurring compounds known as xanthines. The xanthines, which come from plants, are possibly the oldest known stimulants. Caffeine is widely used in pharmaceuticals as free base and mixtures, such as 'Citrated Caffeine’s caffeine and sodium benzoate. Caffeine is very much used as a stimulant of the central nervous system and also as a diuretic, although its action as a diuretic is weaker than that of the ophyline. There is about 10% demand growth increase per annum. Up to 400 milligrams (mg) of caffeine a day appears to be safe for most healthy adults. That's roughly the amount of caffeine in four cups of brewed coffee, 10 cans of cola or two "energy shot" drinks.The global caffeine market is predicted to expand at a steady CAGR of around 2.5% by 2022.Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Aarti Drugs Ltd. • Aarti Industries Ltd. • Ankur Drugs &Pharma Ltd. • AstecLifesciences Ltd. • Bajaj Healthcare Ltd. • Bengal Chemicals & Pharmaceuticals Ltd.
Plant capacity: Caffeine: 20 MT/dayPlant & machinery: Rs. 350 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 2268 lakhs
Return: 30.00%Break even: 61.00%
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Chilli Oleoresin

Paprika oleoresin is a natural food colorant used to obtain a deep red colour in any food that has a liquid/fat phase. The oleoresin is slightly viscous, homogenous red liquid with good flow properties at room temperature. Among the various market types of chilli, paprika type is being presently grown in very limited scale in restricted areas in India The global chillioleoresin market is expected to reach USD 695.1 million by 2024. India controls 60% of the 13,500-tonne global spice oleoresins market even as China has emerged as a strong contender in paprika oleoresin, the most in-demand spice oil.As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • A V T Natural Products Ltd. • AkayFlavours& Aromatics Pvt. Ltd. • AshianHerbex Ltd. • Biomax Life Sciences Ltd. • Enjayes Spices & Chemical Oils Ltd. • Indian ChilliesTrdg. Co. Ltd.
Plant capacity: Chilli Oleoresin: 250 Kgs./dayPlant & machinery: Rs 75 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 237 lakhs
Return: 27.00%Break even: 60.00%
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Workwear, Uniform Clothing for factory (Thousers& High Visibility Long Sleeves Jackets)

Workwear is clothing worn for work, especially work that involves manual labour. Often those employed within trade industries elect to be outfitted in workwear because it is built to provide durability and safety.Garments of simple and typically very durable construction usually in poly/cotton fabrics, including boiler suits and coveralls, bib and brace, coats, jackets and trousers, as well as a wide variety of similar styles used in the catering and wholesale/distribution sectors. Indian consumer durables market is broadly segregated into urban and rural markets, and is attracting marketers from across the world.Per capita GDP of India is expected to reach US$ 3,273.85 in 2023 from US$ 1,983 in 2012.The global Workwear/Uniforms (Uniforms &Workwears) market is valued at 56700 million US$ in 2017 and will reach 79000 million US$ by the end of 2025, growing at a CAGR of 4.2% during 2018-2025.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • All Colour Garments Pvt. Ltd. • Alpha Garments Pvt. Ltd. • Amartex Industries Ltd. • Ambattur Clothing Pvt. Ltd. • Dupont Sportswear Ltd. • E-Land Apparel Ltd.
Plant capacity: Trousers: 3000 Pcs/day High-Visibility Long Sleeve Jackets: 1000Pcs/dayPlant & machinery: Rs. 136 lakhs
Working capital: -T.C.I: Cost of Project : Rs1271 lakhs
Return: 29.00%Break even: 67.00%
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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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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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