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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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Pulp Based Fruit Drink Manufacturing (Automatic Plant)

Fruit pulps have high ber content, are rich in nutrients and are shelf stable. Fruit pulp is the most basic food product obtained from fresh fruit processing. Fruit pulp scan be cold stored for long periods of time. One advantage of processing fruit pulp at industrial level is that fruits, that are native to particular region, can be consumed by people all over the globe. Consumption of fruit pulpits rising continuously due to the consumer preference for healthy food products. In the food processing industry, fruit pulp, a commonly found product, is often used as an ingredient in manufacturing of fruit drinks. Fruits drinks are health drinks; it is largely used throughout the society and popularity of fruit drinks are gradually increases. There is good scope of export of fruit fresh drinks. Good food technologists are available in India who can provide the technology of fruit drinks processing and bottling the same. The fruit drink industry coupled with beverage industry is considered to be one of the largest industrial sectors in India. It is to growing at a robust rate of 27%. Modernization of this industry, in consonance with the change in urban life style, massive shift of rural population to the urban areas, growth in population, etc., predict a growing potential for instant solutions in fruit drink segment of the beverage industry. The global fruit beverages market size was valued at USD 33.92 billion in 2018 and is projected to expand further at a CAGR of 6.2% from 2019 to 2025. The market is expected to witness stable growth during the next five years. Fruit juice refers to a non-fermented beverage which is obtained by mechanically squeezing or macerating fruits. Different types of fruit juice offer varied health benefits, for instance, avocado juice boosts natural energy in the body; watermelon juice keeps the body hydrated and improves metabolism; papaya juice caters healthy digestion; lemon juice fights viral infections, and pineapple juice reduces cholesterol levels. This, coupled with the refreshing taste and longer shelf-life of fruit juice, makes it one of the most widely consumed beverages across the globe. This growth is attributed to the increasing demand for fruit beverages in emerging countries including China and India. The canned and fresh juices packaging segment is expected to generate the maximum market share by 2025. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Canfruit Export India Ltd. Exotic Fruits Pvt. Ltd. Foods & Inns Ltd. Keventer Agro Ltd. Koyna Agro Inds. Ltd. Maa Fruits India Pvt. Ltd. Saish Agro Food (India) Pvt. Ltd. Seabuckthorn Indage Ltd. Srini Food Park Pvt. Ltd. Sri Varsha Food Products India Ltd. Swastik Fruits Products Ltd.
Plant capacity: Mango Fruit Drink: 12,000 Ltrs / Day Litchi Fruit Drink : 12,000 Ltrs / Day Guava Fruit Drink: 12,000 Ltrs / Day Orange Fruit Drink : 12,000 Ltrs / Day Lemon Fruit Drink: 12,000 Ltrs / DayPlant & machinery: Rs 665 lakhs
Working capital: -T.C.I: Cost of Project : Rs 5119 lakhs
Return: 31.00%Break even: 32.00%
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Active Pharma Ingredients • Azithromycin • Cefixime • Telmisartan • Diclofenac sodium • Acecloflenac

Active pharmaceutical ingredients are the active substances that are used in the manufacture of a drug and have a pharmacological effect. They provide health benefits and play a vital role in disease diagnosis, prevention, and treatment. Active pharmaceutical ingredients may be synthesized either chemically or through biotechnological methods. The Active Pharmaceutical Ingredient (API) is the part of any drug that produces the intended effects. Some drugs, such as combination therapies, have multiple active ingredients to treat different symptoms or act in different ways. Active pharmaceutical ingredient (API), is the term used to refer to the biologically active component of a drug product (e.g. tablet, capsule). Drug products are usually composed of several components. The aforementioned API is the primary ingredient. Other ingredients are commonly known as "excipients" and these substances are always required to be biologically safe, often making up a variable fraction of the drug product. The procedure for optimizing and compositing this mixture of components used in the drug is known as "formulation." The global active pharmaceutical ingredient market size is expected to reach a value of USD 286.6 billion by 2027, registering a CAGR of 6.7% over the forecast period. Factors, such as increasing preference for outsourcing APIs and growing prevalence of various target diseases such as cancer and Cardiovascular Diseases (CVDs) are expected to drive the market growth. The Asia Pacific is expected to emerge as the fastest-growing regional market due to rapidly increasing the prevalence of therapeutic and chronic diseases i.e., diabetes, cancer etc. with rising population in this region. According to WHO, around 65% of all cancer deaths occur in developing countries and the number of global cancer deaths is projected to increase by 45 percent from 2007 to 2030 with from 7.9 million to 11.5 million deaths influenced by rise in consumption of tobacco use, unhealthy diet, insufficient physical activity and the harmful use of alcohol in this region. The active pharmaceutical ingredients market gets a major boost from the growing prevalence of cardiovascular conditions, infectious diseases, and various other chronic disorders. Other than these, the rise in various genetic disorders has driven the use of biologicals and biosimilars, the world over. In many instances, biosimilars are the most preferred owing to them being low-cost. Biosimilars have the potential of creating a highly sustainable healthcare system which makes way for innovation, allowing more patients to receive the optimum care. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Alpha Remedies Ltd. Ankur Drugs & Pharma Ltd. Aurobindo Pharma Ltd. Farmson Pharmaceutical Gujarat Pvt. Ltd. Glaxosmithkline Pharmaceuticals Ltd. Sanofi India Ltd. Piramal Enterprises Ltd. Teva Pharmaceutical & Chemical Inds. India Pvt. Ltd.
Plant capacity: Azithromycin: 500 Kgs / Day Cefixime: 500 Kgs / Day Telmisartan: 50 Kgs / Day Diclofenac Sodium: 500 Kgs / Day Aceclofenac: 500 Kgs / DayPlant & machinery: Rs 155 lakhs
Working capital: -T.C.I: Cost of Project : Rs 729 lakhs
Return: 31.00%Break even: 61.00%
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Active Pharma Ingredients • Azithromycin • Cefixime • Telmisartan • Diclofenac sodium • Acecloflenac

Active pharmaceutical ingredients are the active substances that are used in the manufacture of a drug and have a pharmacological effect. They provide health benefits and play a vital role in disease diagnosis, prevention, and treatment. Active pharmaceutical ingredients may be synthesized either chemically or through biotechnological methods. The Active Pharmaceutical Ingredient (API) is the part of any drug that produces the intended effects. Some drugs, such as combination therapies, have multiple active ingredients to treat different symptoms or act in different ways. Active pharmaceutical ingredient (API), is the term used to refer to the biologically active component of a drug product (e.g. tablet, capsule). Drug products are usually composed of several components. The aforementioned API is the primary ingredient. Other ingredients are commonly known as "excipients" and these substances are always required to be biologically safe, often making up a variable fraction of the drug product. The procedure for optimizing and compositing this mixture of components used in the drug is known as "formulation." The global active pharmaceutical ingredient market size is expected to reach a value of USD 286.6 billion by 2027, registering a CAGR of 6.7% over the forecast period. Factors, such as increasing preference for outsourcing APIs and growing prevalence of various target diseases such as cancer and Cardiovascular Diseases (CVDs) are expected to drive the market growth. The Asia Pacific is expected to emerge as the fastest-growing regional market due to rapidly increasing the prevalence of therapeutic and chronic diseases i.e., diabetes, cancer etc. with rising population in this region. According to WHO, around 65% of all cancer deaths occur in developing countries and the number of global cancer deaths is projected to increase by 45 percent from 2007 to 2030 with from 7.9 million to 11.5 million deaths influenced by rise in consumption of tobacco use, unhealthy diet, insufficient physical activity and the harmful use of alcohol in this region. The active pharmaceutical ingredients market gets a major boost from the growing prevalence of cardiovascular conditions, infectious diseases, and various other chronic disorders. Other than these, the rise in various genetic disorders has driven the use of biologicals and biosimilars, the world over. In many instances, biosimilars are the most preferred owing to them being low-cost. Biosimilars have the potential of creating a highly sustainable healthcare system which makes way for innovation, allowing more patients to receive the optimum care. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Alpha Remedies Ltd. Ankur Drugs & Pharma Ltd. Aurobindo Pharma Ltd. Farmson Pharmaceutical Gujarat Pvt. Ltd. Glaxosmithkline Pharmaceuticals Ltd. Sanofi India Ltd. Piramal Enterprises Ltd. Teva Pharmaceutical & Chemical Inds. India Pvt. Ltd.
Plant capacity: Azithromycin: 500 Kgs / Day Cefixime: 500 Kgs / Day Telmisartan: 50 Kgs / Day Diclofenac Sodium: 500 Kgs / Day Aceclofenac: 500 Kgs / DayPlant & machinery: Rs 155 lakhs
Working capital: -T.C.I: Cost of Project : Rs 729 lakhs
Return: 31.00%Break even: 61.00%
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Activated Charcoal from Bamboo

Activated charcoal is a non graphite form of charcoal and is micro crystalline in nature. It is extensively used in various industries as a very good adsorbent for odour or colour. There are two varieties of activated charcoal viz gas phase or the liquid phase adsorbents. The liquid phase activated charcoal is usually powder or granular form where as the gas phase adsorbent is hard granules like dust free pellets. Besides the liquid phase and gas phase classification of activated charcoal, into grades based on the chemical properties it possesses such as its methylene blue (MB) value, surface area, ash content, iron content, pH factor and adsorption quality of charcoal. The term activated charcoal or active charcoal is usually applied to amorphous charcoal possessing higher adsorption capacity their wood or animal charcoal. Many charcoal of industrial value are prepared from coal and from organic vegetable and animal matter. The resulting amorphous products include Charcoal coke, and petroleum coke. Charcoal as such is probably, the most widely distributed element in nature. It occurs in two allotropic crystalline forms, viz, graphite (hexagonal system) and diamond (isomeric system), the former is soft and weak while diamond is hard and transparent. Global Activated charcoal Market is expected to garner 2,776 kilo tons and $5,129 million by 2022, registering a CAGR of 6.8% and 9.3% during the forecast period 2016 - 2020. Activated charcoal is processed charcoal with small, low-volume pores to increase surface area for chemical reactions and adsorption. Growing awareness for clean water consumption coupled with the rising number of water treatment plants owing to government subsidies is anticipated to benefit the overall market growth over the forecast period. As there is indigenous demand for activated charcoal in bulk, the export potential does not exist. However, in developing countries like Bangladesh, Sri Lanka and gulf countries, where industrial development is emerging up, the demand for activated charcoal is anticipated. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Active Char Products Pvt. Ltd. Adsorbent Carbons Ltd. Aksharchem (India) Ltd. Jacobi Carbons India Pvt. Ltd. Kowa India Pvt. Ltd. Kalpaka Chemicals Pvt. Ltd. Core Carbons Pvt. Ltd.
Plant capacity: Activated Charcoal Powder: 4 MT / DayPlant & machinery: Rs 197 lakhs
Working capital: -T.C.I: Cost of Project: Rs 535 lakhs
Return: 30.00%Break even: 63.00%
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Citric Acid from Corn

Citric acid is described as “nature's acidulate”, occurring in a wide variety of plants, citrus fruits, animal tissues, micro-organisms and fluids, holding an important role in metabolism. Citric acid is in great demand as acidifying agent with great solubility nature that hardly could be substituted. It is widely used to impart tartness, pH adjustment, sourness, and also for enhancing flavors. Citric acid is widely used in food and beverage industry. Apart from this it also used in pharmaceutical products, personal care, cleaners & detergent and others. Moreover, citric acid is used for food safety and preservation, preparation of ready-to-made processed beverages and food products. In pharmaceutical industry citric acid is used as stabilizing & flavoring agent and in medical products such as soluble aspirin, antacid and also in dentifrices. Also, it is used in shampoos and conditioners, toiletries and detergents considering the personal care market. The global citric acid market is expected to garner a revenue of USD 5.0 billion in 2024 and is expected to register a CAGR of 5.5% during the forecast period of 2019–2024. Citric acid is a weak organic acid that occurs naturally in citrus fruits. It is produced commercially through the fermentation process and appears as a white, odorless, and crystalline powder at room temperature. It is widely used in the food and beverage industry as a preservative/sequestrant, acidulate, antioxidant, chelating agent, emulsifying agent, and flavoring agent in beverages, bakery & confectionary; sweet & savory snacks; soups, sauces, and dressings, RTE & RTC meals, and others. The increasing use of additives in the processed food industry is expected to boost the growth of the global citric acid market. Increasing awareness about the usage of natural ingredients in various food products is expected to drive the market growth. Citric acid also finds application in many different industries and products. It is used for medicinal purposes and cosmetics and personal care products such as body lotions, shampoos, bathing creams, soaps, and cleaning products. Entrepreneurs who invest in this project will be successful.
Plant capacity: Citric Acid: 20 MT / Day Animal Feed bye product: 15.2 MT / Day Gluten bye product: 7.3 MT / DayPlant & machinery: Rs 1799 lakhs
Working capital: -T.C.I: Cost of Project : Rs 3559 lakhs
Return: 29.00%Break even: 66.00%
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Water Park

A water park is one of the most visited places when it comes to leisure and entertainment. Ideally, a water park has attractions ranging from Thrill rides to family slides to kids play area making it popular amongst people of all ages and walks of life. But a waterpark is not just a place for fun but also makes for a very profitable business. Water Park is the new idea of amusement now days. There is beauty of Water Park is that, the park is formed by using water sources in the plain to make a suitable place for roadways or for making falls or flora fountain or for boating and other light water ways cargo. Aim of formation of park to get enjoyment from nature as well as to make health care from it. The global water parks market size was valued at USD 45.2 billion in 2017. It is likely to expand at a CAGR of 5.8% from 2018 to 2025. Innovative rides, accommodation facilities, and merchandise in water parks are gaining popularity among visitors of all age groups. As a result, there is a rise in the number of adults and children visiting water parks, thus expanding the size of the target audience. Water parks play a vital role in the global entertainment and leisure industry. These recreational facilities offer a wide variety of entertainment options and act as a one-stop-shop leisure and entertainment solution which flourishes as a key tourist attraction source for revenue generation. Therefore, it is majorly driven by the rising headcount of retired baby boomers, who are devoted to recreation and leisure spending. Additionally, the growing international tourism has been representing a lucrative consumer cluster for theme parks and marine parks. Rising introduction of accommodation facilities such as hotels and resorts in park premises is one of the primary factors stirring up the revenue generation through hotels/resorts. The segment is estimated to witness the highest CAGR of 7.0% during the forecast period. Furthermore, the food & beverage segment is also expected to rise at a significant CAGR during the same period since visitors spend a substantial amount on food and refreshments while taking a break from rides. Entrepreneurs who invest in this project will be successful.
Plant capacity: Water Park Visitors: 1,000 Visitors / Day Room Rent from Resort: 25 Visitors / Day Restaurant - Vegetarian Visitors: 300 Visitors / Day Restaurant - Non-Veg. Visitors: 200 Visitors / Day Restaurant - Beverages, Tea & Coffee Visitors: 475 Plant & machinery: Rs 1086 lakhs
Working capital: -T.C.I: Cost of Project : Rs 3208 lakhs
Return: 33.00%Break even: 38.00%
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Castor Oil from Castor Seeds

The castor oil plant, Ricinus commun is, is a species of flowering plant in the spurge family, Euphorbiaceous. Its seed is the castor bean which, despite its name, is not a true bean. Castor is indigenous to the south-eastern Mediterranean Basin, Eastern Africa, and India, but is widespread throughout tropical regions. Castor seed is the source of castor oil, which has a wide variety of uses. The seeds contain between 40% and 60% oil that is rich in triglycerides of ricinoleic acid, 12 hydroxyl oleic acid. The Indian variety of castor seed has an oil content of 48% but only 40% can be extracted. The seed contains resin, a toxin, which is also present in lower concentrations throughout the plant and therefore castor oil is inedible. Castor oil pale amber viscous liquid derived from the seeds of the plant Racings communes is sometimes known as ricinus oil. Castor oil is one of the few naturally occurring glycosides that approach being a pure compound, since the fatty acid portion is nearly nineteenths ricinoleic acid. The global castor oil market was $1,180 million in 2018 and is expected to touch $1,470 million by the end of 2025, growing at a CAGR of 2.8 per cent between 2019 and 2025. The market is currently being driven by the increasing demand in various industrial applications such as paints, soaps, lubricants, befouls, and other sectors. The market value is expected to grow at a CAGR of 3.6% in the forecast period of 2020-2025. The Global castor oil market has been segmented by different end-use industries and forms. Further, end-use industries segment is further sub-divided to food & beverage, personal care, lubricant, pharmaceuticals and others. Personal care segment of the market uses castor oil as a source of moisturizer as it consists of high fatty acid content. Food & beverage segment of the market uses castor oil for flavoring, packaging as well as in viscosity additives. In pharmaceutical industry hydrogenated property of the product is extensively used because of its lubricating property. In fuel industry, castor oil is majorly used as the fuel additive because it is biofuel obtainable in terms of per capita yield in the global market. Entrepreneurs who invest in this project will be successful.
Plant capacity: Castor Oil: 5 MT / Day Castor De-Oiled Cake: 7.2 MT / DayPlant & machinery: Rs 106 lakhs
Working capital: -T.C.I: Cost of Project : Rs 374 lakhs
Return: 29.00%Break even: 64.00%
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Cashew Nut Shell Liquid

Cashew Nut Shell Liquid (CNSL) is a versatile by-product of the cashew industry. The nut has a shell of about 1/8 inch thickness inside which is a soft honey comb structure containing a dark reddish brown viscous liquid. It is called cashew nut shell liquid, which is the pericap fluid of the cashew nut. It is often considered as the better and cheaper material for unsaturated phenols. CNSL and the resins made from it are widely used in laminations, brake lining, electrical insulations, surface coatings, printing inks etc and therefore find a ready market. The cashew nut shell is having a soft feathery outer skin and a thin hard inner skin. Between these skins is the honeycomb structure containing the Phenolic material known as Cashew Nut Shell Liquid and is generally abbreviated as CNSL. That the cashew nut consists of kernel, shell and test a land on an average distribution is 20 to 25% kernel, 60-70% cashew nut shell and 2-5% test. Global cashew nut shell liquid (CNSL) market is expected to reach USD 489.63 Million by 2026, at a CAGR of 7.81% from 2019 to 2026. Growing demand from the end user industries such as coating, automotive, leather is driving the global cashew nut shell liquid (CNSL) market. The application segment includes friction linings, paints and varnishes, laminating resins, rubber compounding resins, cashew cements, and polyurethane based polymers, surfactants, epoxy resins, foundry chemicals, and others. The friction linings segment is anticipated to grow at the highest CAGR of 9.92% over the forecast period. Growing utilization of the CNSL in the stabilizing agent in disk pad brakes and drum linings is expected to fuel this future demand. CNSL is extensively used in polymer based industries such as friction linings, paints and varnishes, laminating resins, Rubber compounding resins, cashew cements, polyurethane based polymers, surfactants, epoxy resins, foundry chemicals and intermediates for chemical industry, Automobile, pesticides. Entrepreneurs who invest in this project will be successful.
Plant capacity: Cashew Nut Shell Liquid (CNSL) : 4 MT / Day Shell Cake (bye product): 14 MT / DayPlant & machinery: Rs 72 lakhs
Working capital: -T.C.I: Cost of Project : Rs 283 lakhs
Return: 17.00%Break even: 71.00%
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Sterile Water for Injection

Sterilization is a term referring to any process that eliminates (removes) or kills all forms of microbial life, including transmissible agents (such as fungi, bacteria, viruses, spore forms, etc.) present on a surface, contained in a fluid, in medication, or in a compound such as biological culture media. Sterilization can be achieved by applying the proper combinations of heat, chemicals, irradiation, high pressure, and filtration. Sterile Products are dosage forms of therapeutic agents that are free of viable microorganisms. Principally these include Parenteral, ophthalmic and irrigating preparations. Of these, Parenteral preparations are unique among dosage forms because they are injected through skin or mucous membranes into internal body compartments. The parenteral range of drug administration is important in treating medical emergencies in which a subject is comatose or cannot swallow and in providing various types of maintenance therapy for hospitalized patients. Injectables circumvent the highly efficient first line of body defence, the skin and mucous membranes. They must therefore be free from toxic components and so, must possess purity of a very high order. Hence, they are made sterile before use. Sterile products are most frequently solution or suspensions, but may even be solid pellets for tissue implementation. The manufacturing of parenterals has become a highly specialized area in pharmaceutical processing. The rising number of surgeries, the need for a faster route of drug administration, growing preference for single-dose administration of vaccines and drugs, and an increase in local manufacturing is expected to drive the market for LVP. Parenteral route of administration helps provide an accurate dose of medication as the majority of the drug is directly absorbed in circulation, bypassing the gastrointestinal tract. Indian pharmaceutical sector is expected to grow to US$ 100 billion, while medical device market is expected to grow US$ 25 billion by 2025. Pharmaceuticals export from India stood at US$ 20.70 billion in FY20. Pharmaceutical export include bulk drugs, intermediates, drug formulations, biological, Ayush and herbal products and surgical. India's biotechnology industry comprising biopharmaceuticals, bio-services, bio-agriculture, bio-industry, and bioinformatics is expected grow at an average growth rate of around 30 per cent a y-o-y to reach US$ 100 billion by 2025. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Medipol Pharmaceutical India Pvt. Ltd. Maan Pharmaceuticals Ltd. Ivy Health & Life Sciences Pvt. Ltd. Parenteral Drugs (India) Ltd. Pharmaceutical Products Of India Ltd. Shree Krishna Keshav Laboratories Ltd. Pharmaids Pharmaceuticals Ltd.
Plant capacity: Ampoules 5 ml Size: 200,000 Nos. / Day Ampoules 10 ml Size: 150,000 Nos. / Day Ampoules 20 ml Size: 150,000 Nos. / DayPlant & machinery: Rs 1933 lakhs
Working capital: -T.C.I: Cost of Project : Rs 3040 lakhs
Return: 27.00%Break even: 39.00%
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Eggshell Powder

Egg shell is a solid waste, with production of several tons per day. Eggshell is mostly sent to the landfill with a high management cost. It is economical to transform the egg shell waste to create new values from these waste materials. The eggshell wastes could convert to a) biodiesel production as solid base catalyst to use for biodiesel production, pollutants minimization, reducing the production costs of biodiesel and making the process to produce biodiesel fully, ecologically and friendly, b) absorbent of heavy metals from wastewater as serious environmental problem in the ecosystem, c) biomaterial in order to bone tissue replacements due to the rise in the number of patients, d) fertilizer and calcium supplement as nutrition for human, animals, plants, etc. Numbers of research articles have been included in this review, which describe a methodical growth in this subject matter. The egg is the most nutritious natural product. Eggs are rich in protein, vitamins and minerals. The poultry industry in India has made remarkable progress and grown into an organized and highly productive industry. Dried egg powder can be stored and transported at room temperatures. It is quite stable and has a long shelf life. There is enough scope of an egg powder manufacturing plant, with a suitable capacity. Whole egg powder is consumed in hotels, hospitals, restaurants, and military establishment etc. The eggshell membrane powder market is expected to grow at a CAGR of ~13% during the forecast period 2019-2029. The pet food supplement industry is an emerging industry, as consumers are becoming fonder of their pets and take proper care of their nutrition. In order to ensure that their pets get adequate nutrients, consumers prefer pet food supplements that are organic and natural, to avoid any adverse effects on pets. Egg membrane protein powder is mainly used in pet supplements to reduce bone disorders and comfort them in case of seasonal allergies. Hence, this evolving demand for pet supplements is driving the global egg membrane protein powder market. The global eggshell membrane market is going through certain developments that are shaping its competitive landscape. These are also paving the road to growth over the forecast period. One such development is outlined below. Entrepreneurs who invest in this project will be successful.
Plant capacity: Eggshell Powder : 2 MT / DayPlant & machinery: Rs 11 lakhs
Working capital: -T.C.I: Cost of Project : Rs 42 lakhs
Return: 30.00%Break even: 79.00%
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  • 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
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  • 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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