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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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Biodegradable Plastic Bags from Corn & Cassava Starch Granules

Biodegradable plastic is plastic that decomposes naturally in the environment. This is achieved when microorganisms in the environment metabolize and break down the structure of biodegradable plastic. The end result is one which is less harmful to the environment than traditional plastics. Corn starch is blended with suitable plasticizer, lubricants and other chemical additives and processed in a twin screw extruder to produce thermoplastic starch pellets or granules. These pellets are further processed to manufacture cast or blown films. If disposed of correctly, packaging material made from cornstarch will break down into carbon dioxide and water within several months. However, if the material is not disposed of correctly cornstarch-based material will take longer to decompose, especially if there is no oxygen or light available. The global biodegradable plastic packaging market was valued at USD 4.65 billion in 2019, and is expected to reach a market value of USD 12.06 billion by 2025, registering a CAGR of 17.04% during the forecast period of 2020-2025.Growing environmental concerns regarding plastic usage that consists of toxic pollutants which are harming plants, animals, and people are driving the use of biodegradable plastic. Stringent regulations by various government and federal agencies with an objective to reduce plastic waste and promote biodegradable plastics usage in packaging is boosting the demand of this market. Regulations related to green packaging is increasing and various FMCG companies are required to adopt biodegradable packaging to comply with the standards which in turn is propelling the growth of this market. Biodegradable plastic is plastic that decomposes naturally in the environment by the action of microorganisms in the environment that metabolize and break down the structure of biodegradable plastic. The end result is one which is relatively less harmful to the environment than the traditional plastics. Non-decomposable plastics are a global environmental problem. Governments around the world are dealing with this problem by banning single-use plastics and promoting biodegradable plastics. Moreover, consumers are willing to pay more for biodegradable plastics owing to their eco-friendly nature. Moreover increasing use of biodegradable plastics in packaging and agriculture sectors is projected to drive the global biodegradable plastics market. Based on end-use industry, the biodegradable plastics market has been segmented into packaging & bags, consumer goods, agriculture & horticulture, textile, and others (automotive, medical, and building & construction). Packaging & bags is the largest and the fastest-growing end-use industry of biodegradable plastics. The new applications of biodegradable plastics in the packaging industry are diaper banking, adult incontinence products, and landfill covers. With several innovative products coming up, the use of biodegradable plastics in packaging is expected to increase further.
Plant capacity: Biodegradable Plastic Bags from Corn Starch Granules (Per Bag 25 gms Size): 6 MT per/ day Biodegradable Plastic Bags from Cassava Starch Granules (Per Bag 25 gms Size) : 6 MT per/ day Plant & machinery: Rs 77 lakhs
Working capital: -T.C.I: Cost of Project: Rs 485 lakhs
Return: 31.00%Break even: 59.00%
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Hydrated Lime Production from Limestone

The term “hydrated lime” is widely used to describe a powdered calcium hydroxide product made by reacting quicklime with a controlled excess of water. The product is essentially dry and generally contains less than 1% of un-reacted water. The process is called “hydration” and should be differentiated from “slaking” which involves the production of a dispersion of calcium hydroxide in water. However, the expression “slaked lime” is used as a generic term for hydrated lime, milk of lime and lime putty. An estimated 10 to 15% of the quicklime produced in developed countries is converted in to hydrated lime and the percentage may be higher in countries which do not have a large steel industry. Because hydrating plants are relatively complex and can be fed with surplus grades of quicklime, there are relatively few of them and they are normally located at a lime works. While the chemical reactions involved in the formation of hydrated lime are simple, the physical chemistry is complex. Lime is second to petroleum as the world's most widely used chemicals. It is used for coagulation, hydroxylation and absorption. Lime is a major component of fertilizer and soil conditioner in agriculture. In the preparation of insecticides, medicines and livestock feeds, lime is used. In the chemical industries, leather industries use lime extensively for liming. Other industries that use lime include cement, soap, steel and paper industries. The global hydrated lime market size will grow by 31.24 MMT during 2018-2022. In terms of value, the global lime market is anticipated to expand at a CAGR of ~ 6% and reach a value of US$ ~65.4 Bn by 2027. Hydrated Lime is a caustic solid substance, white when pure and is obtained by calcining limestone and others forms of calcium carbonates. Hydrated lime has become one of the most important industrial minerals because of its chemical and physical properties, as well as its commercial importance and the simplicity in its production. They are agriculture, water treatment, building, tannery, food processing, breweries, and soft drink, paint and chemical industries. On the basis of geography, the global hydrated lime market can be segmented into nine key regions, namely, South East Asia Pacific, Latin America, Western Europe, Middle East & Africa, China, Japan, Eastern Europe, and India. With growing investments in the Latin America region in the construction sector, the market in the region is projected to witness significant traction. Further, an increase of coal mining and the production of coal in the Asian market are expected to subsequently drive the demand for hydrated lime at the regional level. Increasing demand for pesticides from the South East Asia Pacific region, the hydrated lime market is estimated to grow with a healthy growth rate. Also, China and India are major consumers of hydrated lime. In term of steel production, Europe dominates the market (the region has 168.7 million metric tons production of steel in 2017), owing to that, the demand for hydrated lime in Europe will increase in next few years. Further, the hydrated lime market in developed economies like North America estimated to grow with a healthy growth rate during the forecast period. Few major players are as under Shandong Zhongxin Calcium Industry Co., Ltd., Mississippi Lime Company, Pete Lien & Sons, Inc., Linwood Mining & Minerals Corp., Lhoist, Cheney Lime & Cement Company, United States Lime & Minerals Inc.
Plant capacity: Hydrated Lime: 120 MT / day Plant & machinery: Rs 181 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1415 lakhs
Return: 28.00%Break even: 68.00%
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Sodium Borohydride usingTrimethyl Borate

Sodium borohydride, also known as sodium tetrahydridroborate and sodium tetrahydroborate, is an inorganic compound with the formula NaBH4. This white solid, usually encountered as a powder, is a reducing agent that finds application in chemistry, both in the laboratory and on an industrial scale. It has been tested as pretreatment for pulping of wood, but is too costly to be commercialized. The compound is soluble in alcohols, certain ethers, and water, although it slowly hydrolyzes. Sodium Borohydride, also known as sodium tetrahydridroborate, is a white solid, usually encountered as a powder, widely used as a reducing agent in various industries like pharmaceuticals, pulp & paper, metal recovery, textiles, organic chemical purification and others. Sodium borohydride is an effective and a selective specialty reducing agent used in the manufacture of pharmaceuticals. Sodium borohydride is used for reduction of metal ions, carbonyls and peroxides as well as purification and removal of oxidation, odor and color of precursors in organic chemical products. Sodium borohydride is also used to control pollution and recycle noble metals. Sodium borohydride is a less expensive metal hydride and is an efficient and cost-effective reducing agent. Sodium borohydride finds wide area of applications in the synthesis of many intermediates used in manufacture of medicines and fine chemical products, pharmaceuticals, the recovery & preparation of catalysts, precious heavy metals & rare earth metals among others. Sodium borohydride is used as a reducing agent when reacting with ketone chlorine, aldehyde and ketone. Sodium Borohydride Market size is estimated to grow at a moderate rate from 2016 to 2024 owing to the growth in wood pulp, textile, and pharmaceuticals industries. Extensive usage as a bleaching agent in wood pulp and textiles industry will be a major driver for the global sodium borohydride market in the coming years. Pulp and paper industry is likely to grow on the account of increasing demand from the packaging industry. Environmental sustainability of pulp-based packaging material for food products will be a major boosting factor. Rising worldwide pulp consumption and growing textiles industry owing to changing consumer preference for natural fiber based textiles will also augment the industry growth. Sodium borohydride is also used as a hydrogen storage agent due to high hydrogen density, low cost, and relative air stability. With the current global trend to use alternative and clean energy rising, use of hydrogen as a clean fuel is being considered by many countries. Although this trend will lead to increased product use, but commercial and large-scale use of hydrogen as fuel is still far away due to technological limitations. Scope for the product to be used as hydrogen storage agent by energy and automobile industry is mostly at the research phase and will provide a plethora of opportunities for sodium borohydride market growth in the coming years. Sodium borohydride market will witness growth on the account of its application to produce sodium dithionite, a reducing agent used in wood pulp and bleaching industries. Sodium dithionite is also used to produce alcohols by reducing aldehydes and ketones which are used to manufacture various antibiotics. Growing antibiotics demand in the underdeveloped countries of Asia Pacific and Middle East & Africa will propel the global sodium borohydride market in the coming years. The product is also used in the synthesis of gold nanoparticles, which are used in various fields such as electron microscopy, chemotherapy, radiotherapy, medical research etc. Gold nanoparticles industry is expected to grow by over 25% CAGR in the forecast period which will drive the sodium borohydride market.
Plant capacity: Sodium Borohydride : 3,000 Kgs / dayPlant & machinery: Rs 92 lakhs
Working capital: -T.C.I: Cost of Project : Rs 711 lakhs
Return: 32.00%Break even: 61.00%
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Refrigerant Gas R22 Bottling Plant

A refrigerant is a substance or mixture, usually a fluid, used in a heat pump and refrigeration cycle. In most cycles it undergoes phase transitions from a liquid to a gas and back again. The ideal working fluid or often called refrigerant would have favorable thermodynamic properties, be noncorrosive to mechanical components, and be safe, including freedom from toxicity and flammability. The desired thermodynamic properties are a boiling point somewhat below the target temperature, a high heat of vaporization, a moderate density in liquid form, a relatively high density in gaseous form, and a high critical temperature. Since boiling point and gas density are affected by pressure, refrigerants may be made more suitable for a particular application by appropriate choice of operating pressures. Chlorodifluoromethane or difluoromonochloromethane is a hydro chlorofluorocarbon (HCFC). This colorless gas is better known as HCFC-22, or R-22, or (CH ClF2). It is commonly used as a propellant and refrigerant. R-22 cylinders are colored light green. R22 is a single component HCFC refrigerant that has historically been used for air conditioning, medium temperature and low temperature refrigeration. The refrigerants market size is estimated to be USD 22.9 billion in 2018 and is projected reach USD 31.0 billion by 2023, at a CAGR of 6.2% between 2018 and 2023. The market is mainly driven by the rising demand for refrigerants from the applications domestic, commercial, and industrial refrigeration; chillers; window, split, VRF, and other air-conditioning systems; and MAC. Growing demand for refrigerants in upcoming applications has created various opportunities for its manufacturers. APAC is the key market for refrigerants, globally, followed by North America and Europe, in terms of volume. One of the primary drivers of the market is the increasing demand for consumer appliances in these regions. Increase in demand for energy-efficient cooling solutions and rising awareness regarding global warming and ozone depletion is expected to shape the industry over the forecast period. Fluorocarbon phase-out as per regulations laid down by the Montreal Protocol and updated by the Kyoto Protocol has led to a resurgence in demand for natural refrigerants. The hydrocarbon and inorganic segments are, therefore, expected to witness considerable growth. The stationary air conditioning, chillers, and heat pumps segment dominated the market by application and accounted for over 47% of the overall volume in 2016. Increased spending power of the middle class on consumer appliances, such as refrigeration systems, has resulted in the growth of this segment. Rising demand for cooling equipment owing to rapid industrialization, deteriorating weather conditions, and growth in the manufacture of consumer appliances has also positively influenced its demand. Commercial refrigeration is another application witnessing significant growth. Increasing hypermarket, supermarket, and food retail chains, coupled with rise in consumption of packaged and frozen foods, has boosted the demand for commercial refrigerants. Few major players are as under Jiangxi Bosheng New Refrigerant Co., Ltd. Quzhou JinyuanHongtai Refrigerant Co., Ltd Anhui T.C Refrigerant High-tech Co., LTD Hangzhou Elk Refrigerant High-Tech Co., Ltd Refrigerant & Chemical
Plant capacity: Refrigerant Gas R22 (Cylinder 10 Kgs Size): 166 Nos / dayPlant & machinery: Rs 24 lakhs
Working capital: -T.C.I: Cost of Project: Rs179 lakhs
Return: 27.00%Break even: 64.00%
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Peanut Butter

Peanut butter is a food paste made from ground nut or peanut. It consists essentially of cleaned, graded, blanched, roasted and crushed groundnuts containing about 45 percent of oil and over 25 percent of proteins, being thus a highly nutritive food.Since India occupies the first position both in regard tothe area and the production of groundnut, in the world, it is bound to explore all the qualitative values of groundnut, and use it to the maximum. The major groundnut-producing countries of the world are India, China, Nigeria, Senegal, Sudan, Burma and the USA. Out of the total area of 18.9 million hectares and the total production of 17.8 million tonnes in the world, these countries account for 69% of the area and 70% of the production. India occupies the position, both in regard to the area and the production, in the world. About 7.5 million hectares is put under it annually and the production is about 6 million tonnes. 70% of the area and 75% of the production are concentrated in the four states of Gujarat, Andhra Pradesh, Tamil Nadu and Karnataka. Andhra Pradesh, Tamil Nadu, Karnataka and Orissa have irrigated area forms about 6% of the total groundnut area in India. In United State's half the crop is processedintoedible productsmainlypeanut butter, otherproductsincludepeanut candy,salted nuts peanut butter is made and consumedprimarily in the U.S. The peanuts are shelled and dry-roasted the skins are removed and the nuts are finally ground. Global trade of Indian Peanuts or Indian Groundnut oil is to the maximum of 100000 tons a year. EU and major importers. Senegal and Argentina are the major Peanuts exporters. Around 75% of the crop is produced in khariff (June - September) and remaining 25% in Rabi (November - March). India exported around 100000 tons of groundnut oil in 2003-04 after 4 decades, as crop failed in Senegal and Argentina. Peanuts or Groundnut kernels are approx. 70% of weight in shells and kernels have an oil recovery of 40-42%. China (2-2.5 million tons), India (1.5-2 million tons) is the major producers of groundnut oil, followed by Sub-Saharan African countries and Central and South America. Groundnut is the major oilseed of India. It accounts for around 25% of the total oilseed production of the country. Annual production of Indian Peanuts and Indian Peanuts oil are around 5-8mln and 1.5 mln tons respectively. Peanuts Production is highly vulnerable to rainfall deviations and display huge fluctuation between years. Various drivers for peanut butter market includes rising demand for nutritious products coupled with increasing disposable income of consumers especially in developing countries. Other drivers that fuel the growth of peanut butter market are increasing demand for low calorie healthy food and emergence of hectic life schedule. Changing lifestyle coupled with shift towards the intake of convenient food are also factors that are expected to drive the peanut butter market in the coming four to five years. Major restraint that is expected to hamper the growth of the overall peanut butter market is the availability of peanut at relatively competitive prices coupled with fluctuating production of peanuts especially in India. Few Indian major players are as under Gujarat Co-operative Milk Marketing Federation Ltd Agro Tech Foods Limited Dr. Oetker India Pvt Ltd Parag Milk Foods Limited Britannia Dairy Private Limited Mother Dairy Fruit & Vegetable Private Limited
Plant capacity: Peanut Butter: 8,000 Kgs / dayPlant & machinery: Rs 126 lakhs
Working capital: -T.C.I: Cost of Project: Rs 562 lakhs
Return: 29.00%Break even: 53.00%
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Cellophane Film

Cellulosic and Transparent Paper, known under the name of “Cellophane” is a flexible, highly transparent film or foil derived from a natural product – wood or cotton linters pulp (cellulose). It is still, in spite of competition from synthetic films, a packaging film with a great diversity of uses. There are two main groups of cellulosic film. The uncoated, plain or P-films and the coated films (on one or both sides). The coating weighs between 2 – 4 g/m2. Cellophane is a registered trademark in many countries. The most commonly used cellulose-based food packaging film is cellophane, a versatile, non-plastic film. Commercial cellophane packaging films are clear and transparent.Cellulose films are produced from renewable wood pulp harvested from managed plantations. Cellophane™ is a cellulose film, which was developed over 90 years ago. Cellophane is a thin, transparent sheet made of regenerated cellulose. Its low permeability to air, oils, greases, bacteria, and water makes it useful for food packaging. Cellophane is highly permeable to water vapor, but may be coated with nitrocellulose lacquer to prevent this.As well as food packaging, cellophane is used in transparent pressure-sensitive tape, tubing and many other similar applications. Cellophane is the oldest transparent packaging product used to encase cookies, candies, and nuts. Cellophane was the major packaging film used until the 1960s. In the more environmentally-conscious market of today, cellophane is returning in popularity. As cellophane is 100% biodegradable, it is seen as a more earth-friendly alternative to existing wrappings. Cellophane also has an average water vapor rating and excellent machinability and heat seal ability, adding to its current popularity in the food-wrapping market. Cellulose film packaging market will reach an estimated valuation of USD 1007.67 million by 2027, while registering this growth at a rate of 5.0% for the forecast period of 2020 to 2027. Cellulose Film Packaging Market is anticipated to record a CAGR of 5.1% over the forecast period. Many multi-national companies are concentrating towards new product advances in cellulose film packaging. Moreover, the many superior properties of cellulose film packaging are exploited in the field of food and beverage now and then. New uses for cellulose film packaging derivatives are discovered on a regular basis which is expected to drive the cellulose film packaging market rapidly.Currently the global cellulose film packaging market is observing vibrant growth owing to an increase in demand of biodegradable and compostable packaging in the market. Advances in various end-user industries in the past few years and growing technological explorations is projected to drive cellulose film packaging market besides the wide range of functions of cellulose film packaging in an immense range of products such as adhesive films, food wrapping packages, cellulose film liners and others during the forecast period.
Plant capacity: Cellophane Film : 10 MT / dayPlant & machinery: Rs 605 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1294 lakhs
Return: 29.00%Break even: 53.00%
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E-Waste Recycling Plant

Electronic wastes, "e-waste", "e-scrap", or "Waste Electrical and Electronic Equipment" ("WEEE") is a description of surplus, obsolete, broken or discarded electrical or electronic devices. Technically, electronic "waste" is the component which is dumped or disposed or discarded rather than recycled, including residue from reuse and recycling operations. Because loads of surplus electronics are frequently coming led (good, recyclable, and non-recyclable), several public policy advocates apply the term "e-waste" broadly to all surplus electronics. Electronic Waste – or e-waste – is the term used to describe old, end-of-life electronic appliances such as computers, laptops, TVs, DVD players, mobile phones, mp3 players etc. which have been disposed of by their original users. While there is no generally accepted definition of e-waste, in most cases, e-waste comprises of relatively expensive and essentially durable products used for data processing, telecommunications or entertainment in private households and businesses. The rising levels of e-waste generation in India have been a matter of concern in recent years. With more than 100 crore mobile phones in circulation, nearly 25 per cent end up in e-waste annually.“India has surely emerged as the second largest mobile market with 1.03 billion subscribers, but also the fifth largest producer of e-waste in the world, discarding roughly 18.5 lakh metric tonnes of electronic waste each year, with telecom equipment alone accounting for 12 per cent of the e-waste’’. The fastest growing sources of waste and is estimated to be increasing by 16-28 per cent every five years. Within each sector a complex set of heterogeneous secondary wastes is created. Although treatment requirements are complicated, the sources from any one sector possess many common characteristics. However, there exist huge variations in the nature of electronic wastes between sectors, and treatment regimes appropriate for one cannot be readily transferred to another. E-Waste or Electronic Waste broadly describes loosely discarded, surplus, broken, obsolete, electrical and electronic devices. E-Waste is an area of immediate and long-term concern as its unregulated accumulation and recycling can lead to major environmental degradation which will pose a major threat to human health. Revolution of IT, new and innovative technologies and globalization of economy have made new electronic products available and affordable. But on the other hand, it has also led to unrestrained resource consumption and E-Waste generation. Electronic waste (e-waste) typically includes discarded computer monitors, motherboards, mobile phones and chargers, compact discs, headphones, television sets, air conditioners and refrigerators. According to the Global E-Waste Monitor 2017, India generates about 2 million tonnes (MT) of e-waste annually and ranks fifth among e-waste producing countries, after the US, China, Japan and Germany. In 2016-17, India treated only 0.036 MT of its e-waste. About 95 per cent of India’s e-waste is recycled in the informal sector and in a crude manner. Only 20 per cent of global e-waste is recycled. The market in Asia-Pacific has been categorized as China, Japan, India, and the rest of Asia-Pacific. The market in Asia-Pacific is expected to register the highest CAGR of 15.25% during the forecast period. Japan is expected to be a leading country-level market and is expected to register a 12.75% CAGR. India is expected to be the fastest-growing country-level market, expected to register the highest CAGR over the next few years. This is due to the growing population in the region. Also, growing awareness of e-waste recycling and government initiatives are the major factors for the growth of the market. India is emerging as one of the world's major electronic waste generators, posing grave concerns to public health and environment alike.Industry body Assocham, said India’s ‘production’ of e-waste is likely to increase by nearly three times, from the existing 18 lakh metric tons (MT) to 52 lakh MT) per annum by 2020 at a compound annual growth rate (CAGR) of about 30%.The Global Electronic Waste Recycling Market is expected to expand at 13.03% CAGR to reach a market value of 39,498.81 Million in 2024. A mere 1.5% of India's total e-waste gets recycled due to poor infrastructure, legislation and framework which leads to a waste of diminishing natural resources, irreparable damage of environment and health of the people working in industry. Over 95% of e-waste generated is managed by the unorganized sector and scrap dealers in this market, dismantle the disposed products instead of recycling it. Few Indian major players are as under E-ParisaraaPvt Ltd Attero India Pvt Ltd, E-waste Recyclers India, Eco Recycling Limited (ECORECO), Hi-Tech Recycling India Pvt. Ltd., Ultrust Solutions Pvt. Ltd.,
Plant capacity: Aluminium : 3 MT / day Mild Steel: 2 MT / day Shredded PCB: 15.00 MT / dayPlant & machinery: Rs 88 lakhs
Working capital: -T.C.I: Cost of Project: Rs 533 lakhs
Return: 29.00%Break even: 59.00%
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Aluminium Foil Containers

Aluminum is the most widely used non-ferrous metal and is extensively used in packaging materials. It is an excellent material for creating all types of containers. However, despite the fact that about seven billion aluminum foil containers are produced annually, most packaging engineers and packaging users know very little about the advantages that these containers bring to the packaging and food service industries. Aluminum is one of the most abundant metallic elements, accounting for over 8% of the earth’s crust on a weight basis. However, economically recoverable aluminum exists in concentrated ore form in only limited locations. The most common, and currently the only commercially utilized aluminum ore, is bauxite. Bauxite may contain 50-60% aluminum oxide (Al2O3) on a weight basis. Aluminum foil containers are formed by combining mechanical and air pressure to force light gauge aluminum foil into a shaped die cavity. Esthetically appealing aluminum foil containers are ideal for table-ready service after the container has functioned first as a package and a heating utensil. Foil containers also come in a variety of colors and special purpose coatings. Aluminium foil containers are used to prepare, freeze, store, transport, cook and serve a variety of foods. Containers made from aluminium foil are the only containers that can be used in all types of ovens: microwave, conventional, convection and broiler. Aluminum foil containers are used to prepare, freeze, store, transport, cook and serve a variety of foods. Containers made from aluminum foil are the only containers that can be used in all types of ovens: microwave, conventional, convection and broiler. Moreover, its recyclability makes aluminum one of the most environment friendly materials on earth, a key advantage for planet conscious consumers and local governments. Additionally, recycled aluminum saves more than 95% of the energy necessary to produce new primary aluminum. The past production of foil shows an overall growth rate of about 8% only. The usage pattern, being very sensitive to price and availability, keeps on changing from time to time depending upon the economies of usage of aluminium foil compared to other products.Large applications of Aluminium Foil include aluminium foil containers, where aluminium foil properties offer a great range of solutions for food packaging, and Household foil, which became in many countries an essential part of modern life, for cooking, or for many uses at home, or in commercial kitchens (restaurants, hospitals, schools, canteens). With the drastic shift in the consumer food & beverage consumption patterns, the demand for aluminum foil containers has been growing rapidly. Aluminium foil containers are also proven to reduce food contamination, making them a hygienic packaging solution. Aluminium foil containers can withstand extreme temperature change, can be used in microwave ovens, and are very easy to clean.The aluminum foil Packaging market was valued at USD 17.9 billion in 2019 and is expected to reachUSD 46.19 billion by 2025, exhibiting a revenue-based CAGR of 4.0% over the forecast period. Escalating demand for convenience and hygienic packaging along with a massive preference for packaged goods that help in elongating shelf life of the products are likely to drive the growth of aluminum foil containers market in the coming years. In addition to this, the massive use of aluminum foils in flexible packaging solutions is also a key factor in driving product demand. Moreover, high barrier & light-weight features along with its recyclable nature will enhance the application of aluminum foil across myriad business domains. This will further drive market growth trends. The aluminum foil containers market is likely to gain traction over the ensuing years, subject to the burgeoning demand from the processed foods and ready-to-eat meals sector. Furthermore, a growing focus on adopting eco-friendly packaging and massive use of the product in pharmaceuticals items & confectionaries is likely to accelerate the growth of aluminum foil containers market in the years ahead. The global aluminum foil containers market can be classified into thickness, foil type, application, and end-use. On the basis of thickness, the market is sectored into 0.007 mm - 0.09 mm, 0.09 mm - 0.2 mm, and 0.2 mm - 0.4 mm. Based on the foil type, aluminum foil containers market Printed and Unprinted. Application wise, the market is sectored into food, beverages, pharmaceuticals, and personal care & cosmetics. Based on the end-user, the aluminum foil containers market is divided into Bags & Pouches, Wraps & Rolls, Blisters, Lids, Laminated Tubes, and Trays. Few Indian major players are as under Amco India Ltd. Archer Metal Ltd. Asian Consolidated Inds. Ltd. Bharat Containers (Nagpur) Pvt. Ltd. Green Pack Foils Pvt. Ltd. J P Foil Ltd.
Plant capacity: Aluminium Foil Containers 2 Cavity Mould (890 ml size) : 172.8 Packets / day (1000 pcs/ packet) Aluminium Foil Containers 3 Cavity Mould (890 ml size) : 259.2 Packets / day (1000 pcs/ packet)Plant & machinery: Rs 60 lakhs
Working capital: -T.C.I: Cost of Project: Rs 171 lakhs
Return: 34.00%Break even: 79.00%
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Holiday Resort (Three Star Grade)

A holiday resort is a self-contained commercial establishment that endeavors to provide most of a vacationer's wants, such as food, drink, lodging, sports, entertainment, and shopping, on the premises. Holiday resorts business is very flourishing business these days not in India only but it has brilliant prospects in other countries also. The term resort may be used for a hotel property that provides an array of amenities, typically including entertainment and recreational activities. A resort is not always a commercial establishment operated by a single company, although in the late twentieth century this sort of facility became more common. The need for advancement of holiday resorts has been felt very recently due to advancement in the technology and industry due to which a lot of young million are have come into existence. This class of people and many people from higher and medium class like to take advantage of this type of holiday resort on many occasions. Today there are over 300 approved holiday resorts and hotels comprising nearly 19,000 guest rooms. But the increase in rooms and other supplementary forms of accommodation such as motels, youth hostels camp sanctuaries huts in resorts and has not kept pace with the demands. The Government has already drawn, a 10 year perspective plan to attract 3.5 million tourists by the end of next decades as against 0.8 million ratio between tourists arrival and number the capacity of holiday resort accommodation of international standard is already paying have without tourism potential. This means that the addition to existing total may be around 8,000 rooms per year. It is boom time for India's Tourism and Hospitality sector. Driven by a surge in business traveler arrivals and a soaring interest in India as a tourist destination, for the previous years has been the best year till date, with foreign visitor arrivals reaching a record 3.92 million, resulting in international tourism receipts of US$ 5.7 billion. Tourism, today, contributes almost 20% to Rajasthan’s economy and over 15% of foreign tourist arrivals in India head to Rajasthan annually. The state offers a unique basket of experiences to inbound and domestic travellers, with its strong legacy of historical forts, palaces, art and culture, and its warm hospitality. Every third foreign tourist visiting India travels to Rajasthan as it is part of the Golden Triangle. The state has five major markets Jaipur, Udaipur, Jodhpur, Pushkar and Jaisalmer, along with micro-markets such as Bikaner, Nagaur, etc. Within India, the state ranks No. 9 in terms of Domestic Tourist Arrivals (DTAs) and No. 3 for International Tourist Arrivals (ITAs). Tourism accounts for eight per cent of the domestic product and the sector has grown by an average rate of 5-6% for the last three years. The potential is huge. One major reason for high footfall is Rajasthan’s ability to attract all segments of the tourism pyramid. The state government actively participates in myriad exhibitions and fairs in India and abroad. Indian Hotel Industry's room rates are most likely to rise 25% annually and occupancy to rise by 80%, over the next two years. 'Hotel Industry in India is gaining its competitiveness as a cost effective destination. The 'Hotel Industry' is likely to add about 60,000 quality rooms, currently in different stages of planning and development. The hotel industry in India is expected to reach a value of INR 1,210.87 Bn by the end of 2023, expanding at a compound annual growth rate (CAGR) of ~13% during the 2018-2023 period, owing to the high arrival rate of foreign tourists and business delegates. Few Indian major players are as under Advani Hotels & Resorts (India) Ltd. Alchemist Hospitality Group Ltd. Bekal Resorts Devp. Corpn. Ltd. Cambay Hotels & Holidays Ltd. Clover Residency Pvt. Ltd. Manipal Integrated Services Pvt. Ltd. Leela Palaces & Resorts Ltd. Jungle Lodges & Resorts Ltd.
Plant capacity: 35 Rooms, Swimming Pool, Restaurant, Lounge, Banquet Hall, Gym, SPA and GardenPlant & machinery: Rs 175 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1102 lakhs
Return: 18.00%Break even: 54.00%
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Rice Milling Unit

Rice is one of the leading food crops of the world, and is produced in all the continents. Rice was an important food even before the dawn of written history. One centre of origin of cultivated rice is thought to have been in South East Asia. That is, in eastern India. Indo-China and Southern China, Another probably was in Africa. Rice is one of the most important food grains. It is used in almost all homes as eatables. It has good filling capacity as a food grains. Agriculture is the main occupation of the rural population in West Bengal. Among various crops, rice is the principal food crop of the State. West Bengal is the largest producer of rice in the country with an annual output of around 150 Lakh Tonnes. The rice is obtained after hulling/DE husking of paddy in a rice mill. The paddy comprises of 65% milled rice, 24%husk, 5% bran layers. Paddy in its raw form cannot be consumed by human beings. It needs to be suitably processed for obtaining rice. Rice milling is the process which helps in removal of hulls and bran from paddy grains to produce polishedrice. Rice milling is the process of removal of husk and bran layer from the paddy to produce whole white rice kernel. The rice should be free from impurities and should contain minimum number of broken grains. Food Corporation of India (FCI) is the main purchaser of rice. About 20 to 25% of total production of rice isprocured by FCI for at Minimum Support Price for Public Distribution System. The production in India (about 40 million tonnes) forms about 40 percent of total production of all food grains. There are a number of big rice plates in India apart from about 60,000 small rice mills of less than 2 tonnes per hour capacity. However, there is still a scope for setting up mini rice plant in various parts of India with a view to meet the local demand and providing employment to local people. India has about 82000 registered single huller units, 2600 double hulling unit, 5000 units of disc sheller cum polisher and 10000 units of rubber roll sheller. Theaverage capacity of these units ranges between 2 tonnes per hour to 10 tonnes perhour. In India, rice milling business has a turnover of more than Rs.25, 500croreper annum. Among other states, Punjab, Haryana, Andhra Pradesh etc. also produce large quantities of rice. Rice provides about 20 percent of the global average calorie intake. Although produced and consumed across the five major continents, the crop is concentrated overwhelmingly in Asia, which accounts for some 90 percent of global production and consumption, with China and India alone responsible for about half of the world total. Rice is mostly consumed in the country where it is produced, so trade in rice is small, both in absolute terms and as a proportion ofglobal production. Since the early 1990s, the volumes of rice exchanged internationally have risen quantity-wise, but also in relation to production, resulting in a expanding and strengthening of the International rice market. The India rice milling market is expected to value an estimated USD 392.6 million by the end of 2022 and witness a steady CAGR of 3.51% during the forecast period of 2016 - 2022. The high production of rice in this region and increasing demand for good quality rice are some key drivers for the growth of the rice milling market in India. India being one of the world’s largest producers of rice, possesses a significant rice milling market. A global and local increase in population has led to a higher production of rice in the country to meet both domestic and export demands. Few Indian major players are as under Best Foods Ltd. Bajaj Basmati Pvt. Ltd. Baba Agro Food Ltd. Amira Pure Foods Pvt. Ltd. Alia Rice Mill Pvt. Ltd. Almaha Foods Intl. Pvt. Ltd. Chennai Gate Rice Inds. Pvt. Ltd.
Plant capacity: Milled Rice (1401 Type) : 65 MT / day Milled Rice (1509 Type): 65 MT / day Rice Bran: 10 MT / day Rice Husk : 48 MT / dayPlant & machinery: Rs 218 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1038 lakhs
Return: 30.00%Break even: 54.00%
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  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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