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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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Sanitary Napkins

Sanitary Napkin comes under Nonwoven fabrics which as a whole come under technical textile. The functions of sanitary napkins are to absorb and retain menstrual fluid, and isolate menstrual fluids from the body. Important and desired properties are: no leakage, no unaesthetic appearance or color, no odor, no noise, stay in place, comfortable to wear (thin body shape), and a high level of hygiene. Technical textiles are defined as textile materials and products used primarily for their technical performance and functional properties rather than their aesthetic or decorative characteristics. Some example of technical textile is as follows: - Fabrics- Reinforcement for composites, cushioning, fillings, electrical components, Insulation, Sports equipment, toys. - Yarn types product-Sutures, Ropes, Fishing gears, shoe components, swings, etc. There are several different types of disposable sanitary pads: Panty Liner: Designed to absorb daily vaginal discharge, light menstrual flow, “spotting”, slight urinary incontinence, or as a backup for tampon use. Ultra-thin: A very compact (thin) sanitary pad, which may be as absorbent as a Regular or Maxi/Super pad but with less bulk. Regular: A middle range absorbency sanitary pad. Maxi/Super: A larger absorbency pad, useful for the start of the menstrual cycle when menstruation is often heaviest. Night: A longer pad to allow for more protection while the wearer is lying down, with absorbency suitable for overnight use. Maternity: These are usually slightly longer than a maxi/Super pad and are designed to be worn to absorb lochia (bleeding that occurs after childbirth). Sanitary Napkins are exclusively used by adult girls & Ladies around the world during their menstrual periods as a means of maintaining physical aid & to avoid wetting or staining of the clothes. Sanitary Napkin is not reasonable & it is to be thrown away only. When it is saturated with wet liquids. The global Sanitary Napkin Market is expected to register a double-digit CAGR of 5.2% by 2023. Female hygiene and health are major concerns across the world. Sanitary napkin is an absorbent item used by a woman during her menstruation cycle. Sanitary napkins are made of cellulose, plastic, and cotton. Manufacturers are expected to focus on untapped rural markets and increase their CSR (corporate social responsibility) activities related to women's hygiene.
Plant capacity: Sanitary Napkins 6,720 Pkts. Per DayPlant & machinery: 46 Lakhs
Working capital: -T.C.I: Cost of Project: 95 Lakhs
Return: 36.00%Break even: 86.00%
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Bamboo Toothbrush

Bamboo toothbrushes are manual toothbrushes, similar in design to what you would find on any store shelf. A bamboo toothbrush has a long handle and bristles to remove food debris and plaque from your teeth. The critical difference is that the long handle is made from more sustainable bamboo instead of plastic. Bamboo toothbrushes are one of the oldest types of toothbrushes. The earliest toothbrushes were made in China using bamboo and other natural materials, like using boar's hair for the bristles. Today's bamboo toothbrushes use nylon for the bristles like most toothbrushes today. Some manufacturers still use boar's hair for the bristles or infuse the bristles with activated charcoal. Bamboo toothbrushes are quickly becoming a staple in many households, not only because they're naturally antimicrobial, but also because of they are eco-friendliness and biodegradability. While a plastic toothbrush will sit in a landfill forever and release toxic chemicals as it decays, a bamboo toothbrush will naturally decompose after it’s been disposed of. In our already over-polluted world, this is why switching over to one of the best bamboo toothbrushes is so crucial. The majority of bamboo toothbrushes come in two types: those with nylon bristles, and those with charcoal-infused bristles, each of which has their own set of advantages. Traditional nylon bristles are more common, and while they're firm enough to sweep and capture bacteria from around each tooth, they also tend to be softer than charcoal bristles. The Global Bamboo Toothbrush Market is expected to register a CAGR of 7% to reach USD 842.1 million by 2024.Bamboo toothbrushes are an eco-friendly alternative to plastic toothbrushes. Bamboo has several characteristics that make it an ideal substitute for plastic. It is cost-effective, has anti-microbial properties, can be grown in a wide variety of landscapes, and is easy to manipulate to make objects. Bamboo toothbrushes naturally ward off microbial growth and can be discarded without causing any harm to the environment.
Plant capacity: Bamboo Toothbrush (4 Pcs. per Pack)2,280 Packs per day Bamboo Toothbrush (1 Pc. per Pack) 9,120 Packs per dayPlant & machinery: 123 Lakhs
Working capital: Cost of Project: 395 LakhsT.C.I: -
Return: 28.00%Break even: 57.00%
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PP Woven Fabric

Polypropylene, which is also known as PP for short name, is one kind of thermoplastic resin material that produced by the polymerization of propylene.Woven polypropylene is polypropylene strips/threads that have been woven in two directions (warp and weft) to create a light, but strong and heavy duty material. Polypropylene fabric is a term used to describe any textile product that is derived from the thermoplastic polymer polypropylene. This type of plastic is part of the polyolefin group, and it is non-polar and partially crystalline. Next to polyethylene, polypropylene is the second-most commonly produced plastic in the world, and it is more commonly used in packaging, straws, and other types of consumer and industrial goods than it is in textile production. Polypropylene fabric is one of the lightest synthetic fibers in existence, and it is incredibly resistant to most acids and alkalis. In addition, the thermal conductivity of this substance is lower than that of most synthetic fibers, which means that it is ideally suited for cold weather wear. PP Woven fabric possesses several significant properties, which makes them a suitable choice for various applications. PP woven bags or sacks are strong, able to retain their shape, can be put in washing machines, and are reusable, can sustain weather odds, highly chemical resistant, and possess high wear and tear strength. PP woven Fabrics are used in various end applications like Grain & Pulses Bags, Foods & Spices Bags, Animal Food Bags,Fertilizers & Chemical Bags, Cement & Wall finish Bags,Powder & Granule Bags, Mineral Bags, Detergent Bags,Mehndi Bags, Nuts & Fruits Bags, Specialty Bag For Tea &Coffee, Outer Promotional Shopping Bags. Thesepolypropylene (PP) woven fabrics are quality constructedto provide strong and economical packaging option forvaried industry sectors. The FIBC industry in India is very capable and highly developed despite the woeful lack of domestic demand so far. India is a very large player in the international FIBC business and ranks behind only China in the global supply scenario. The Indian FIBC industry has been making rapid strides in the global market and is presently estimated to have overtaken Turkey as the world's second largest producer. Few Indian Major Players 1. Abdos Polymers Ltd. 2. Bardanwala Plastics Pvt. Ltd. 3. Commercial Syn Bags Ltd. 4. Eclat Industries Ltd. 5. Fiberweb (India) Ltd. 6. Ginza Industries Ltd. 7. Jagannath Polymers Pvt. Ltd. 8. Krishna Poly Packs Pvt. Ltd.
Plant capacity: PP Woven Fabric 12 MT per dayPlant & machinery: 943 Lakhs
Working capital: -T.C.I: Cost of Project: 1637 Lakhs
Return: 27.00%Break even: 52.00%
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Bricks from Fly Ash

Fly Ash brick is a product of basic cement clinker materials i.e. FLY ASH, STONE DUST/SAND, LIME, GYPSUM and BONDING AGENT. The mix is so ideally worked out to produce bricks of higher strength with consistency as well as uniformity. The manufacturing process is fully automatic with state of art technology. Though a new age product introduced in the market, Fly Ash bricks are very well accepted by the organized sectors in heavy industries, high rise buildings, large townships, colonies, etc. because of unique features and merits. Fly Ash bricks are made of fly ash, lime, gypsum and sand. These can be extensively used in all building constructional activities similar to that of common burnt clay bricks. The fly ash bricks are comparatively lighter in weight and stronger than common clay bricks. Since fly ash is being accumulated as waste material in large quantity near thermal power plants and creating serious environmental pollution problems, its utilization as main raw material in the manufacture of bricks will not only create ample opportunities for its proper and useful disposal but also help in environmental pollution control to a greater extent in the surrounding areas of power plants. Fly Ash Bricks are durable, have Low water absorption, less consumption of mortar, Economical & eco-friendly, Low energy consumption and No emission of greenhouse gases. These bricks are not affected by environmental conditions and remain static thus ensuring longer life of the building. Fly Ash Bricks provides a high level of moisture resistance. It's very economical, cost effective, nil wastage while transporting and handling. Fly Ash Bricks is available in various sizes. These qualitative bricks have high compressive strength and absorb low water. Fly Ash Bricks provides a high level of moisture resistance. It's very economical, cost effective, nil wastage while transporting and handling. Fly Ash Bricks is available in various sizes. These qualitative bricks have high compressive strength and absorb low water. Fly ash brick industry is necessary for promoting cleaner brick production technology and waste. Since bricks form the backbone of the construction sector, its demand for quality buildings will increase manifold. Fly-ash bricks are gaining acceptance in the Construction Sector. These bricks are eco-friendly and aesthetically appealing. Secondly, they are durable, and resistant to fire and moisture. Few Indian Major Players 1. Ashtech (India) Pvt. Ltd. 2. Bigbloc Construction Ltd. 3. Cement Corpn. Of India Ltd. 4. Gujarat Sidhee Cement Ltd. 5. H E G Ltd. 6. Magicrete Building Solutions Pvt. Ltd. 7. Nuvoco Vistas Corporation Ltd.
Plant capacity: Bricks 25,000 Nos. per dayPlant & machinery: 113 Lakhs
Working capital: -T.C.I: Cost of Project: 365 Lakhs
Return: 27.00%Break even: 48.00%
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Blood Collection Bags

Blood bag is a disposable bio-medical device used for collection, storage, transportation and transfusion of human blood and blood components. The system consists of a single or multiple bags connected with tubings, needle, needle cover, clamp etc. The Blood Bags are made of plastic-material, which are compatible with blood. Blood Bags can successfully replace the use of glass bottles for collection storage, transportation and transfusion of blood and blood components since bottles require exhaustive cleaning, rinsing and autoclaving procedures and there are chances of breakage at any stage. Further, use of disposable bags eliminates the possibility of any contamination. Blood bags contain an anticoagulant solution and a red blood cell preservative solution, and are used in blood banks which both collect donor blood and separate blood components. Blood bags are made from imported, medical grade PVC granules & sheets in Class 10000 Clean room environments. The blood bags market is projected to register a CAGR of 10.82% over the period, with a revenue of approximately USD 384.37 million in 2020, and it is expected to reach USD 711.85 million by 2026. With the rise of the COVID-19 public health emergency, the demand for blood bags has increased. Many individuals with weak immune systems have been infected by COVID-19 and hospitalized, and many require a blood transfusion. As a result, the demand for blood bags and equipment has risen following the pandemic. Many governments are also taking initiatives to help increase blood donation. As a result, the demand for blood bags is expected to increase. Additionally, government initiatives are expected to boost the healthcare sector. Moreover, the rising numbers of hospitals, blood banks, and other healthcare centers are driving the growth of the blood bags market across the globe. The growing awareness about blood donation among citizens is also propelling the demand for blood bags around the globe. Few Indian Major Players • Fresenius Kabi India Pvt. Ltd. • Helm India Pvt. Ltd. • Innvol Medical India Ltd. • J Mitra & Co. Ltd. • Narang Medical Ltd. • Payal Polyplast Pvt. Ltd. • Poly Medicure Ltd.
Plant capacity: Blood Collection Bags 10,000 Nos Per DayPlant & machinery: 167 Lakhs
Working capital: -T.C.I: Cost of Project: 671 Lakhs
Return: 27.00%Break even: 58.00%
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Business Opportunities in Production of Dicyandiamide (DCDA)

Dicyandiamide is a strongly alkaline and water-soluble white crystalline compound with the scientific name of cyanoguanidine. The chemical is the dimer of cyanamide or cyanoguanidine, which is mainly used in the production of melamine. Dicyandiamde is also used as a curing agent for epoxy resins and laminates for circuit boards, powder coatings and adhesives. Cyanamide, the amide of normal cyanic acid, is a white crystal that melts at 45° C. It is readily soluble in water, alcohol and diethyl ether. It is prepared commercially by the carbide process from the carbonate derived from limestone or by the desulphurization of thiourea in the presence of catalyst (mercuric oxide). Dicyandiamide is an intermediate for melamine production and is the basic ingredient of amino plastics and resins. It is used in the production of a wide range of organic chemicals including slow and continuous nitrogen release fertilizers, fireproofing agents, epoxy laminates for circuit boards, powder coatings and adhesives, water treatment chemicals, dye fixing, leather and rubber chemicals, explosives and pharmaceuticals. It is extensively used as an excellent additive for plastic packages for food stuff and intermediates of pharmaceuticals. Dicyanamide, also known as dicyanamine, is an anion having the formula C2N–3. It contains two cyanide groups bound to a central nitrogen anion. The chemical is formed by decomposition of 2-cyanoguanidine. It is used extensively as a counterion of organic and inorganic salts, and also as a reactant for the synthesis of various covalent organic structures. Dicyandiamide Market size should observe lucrative CAGR from 2019 to 2025 in the coming years due to developments in the water treatment industry. Dicyandiamide or cyanoguanidine is a free-flowing white colored versatile chemical with diverse applications. Extensive use of the product in wastewater treatment plants as a decoloring agent or flocculating agent will drive the market in coming years. Growth in wastewater treatment industry in the European countries will have significant impact on the dicyandiamide market. Few Indian Major Players o Helm India Pvt. Ltd. o Lok Chemicals Pvt. Ltd. o Prakash Chemicals Agencies Pvt. Ltd. o Sanjay Chemicals (India) Pvt. Ltd. o Unicare Pharma Ltd.
Plant capacity: Dicyandiamide (DCDA) 5 MT Per DayPlant & machinery: 45 Lakhs
Working capital: -T.C.I: Cost of Project: 270 Lakhs
Return: 29.00%Break even: 57.00%
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Feldspar Processing

Feldspar is an important raw material for ceramic, glass, pottery, plastics, rubber, paint, electrical wire and glazing industries. The demand of feldspar has been continuously increased particularly on ceramic and glass industries due to its alumina and alkaline contents. Feldspar, a fluxing agent and glass matrix, does not only enhance the transparency of products, but also reduces the melting temperature. As a result, the energy consumption during ceramic and glass manufacturing can be reduced by using feldspar. Feldspar is a term used to describe a group of aluminosilicate minerals containing sodium, potassium and calcium. Sodium-rich feldspar is called albite, having an empirical formula of NaAlSi308, whereas the terms orthoclase and artorthite are used to describe potassium and calcium rich feldspar respectively. A variety of names are given to feldspar minerals, depending on their composition. o Feldspar is regarded as the most abundant group of minerals which can be found on the earth's crust. o It is a tectosilicate mineral and tectosilicate minerals constitute about 72-75% of the earth crust and are one out of many silicate minerals which are rock-forming minerals which also constitute about 85-90% of the earth crust. o It has a colourless or pale-coloured crystals appearance and contains aluminosilicates of potassium, sodium, and calcium. o Feldspars are formed from magma as a crystallize veins in igneous and metamorphic rock, most feldspars are deposited as sodium feldspar, potassium feldspar and mixed feldspars. The global feldspar market size was valued at USD 1.61 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.9% from 2020 to 2027. The growth of the market is largely influenced by the dynamics of the glass and ceramics industries. The distinctive chemical constituents present in the product, such as potassium oxide, sodium oxide, and alumina, play a key role in promoting its usage across the glass and ceramics sector. The product is largely used in its ground form between 20 mesh to 200 mesh in glassmaking and ceramics filler application. The growing demand for ceramic tiles across the globe, rising usage of feldspar in automotive glass, growing construction industry in developing economies are some of the factors that will likely to enhance the growth of the feldspar market in the forecast period of 2020-2027.
Plant capacity: Feldspar Concentrate 240 MT Per DayPlant & machinery: 573 Lakhs
Working capital: -T.C.I: Cost of Project: 2441 Lakhs
Return: 26.00%Break even: 61.00%
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Setup an Unsaturated Polyester Resin Plant

Polyester resins such as these are of the ‘unsaturated’ type. Unsaturated polyester resin is a thermoset, capable of being cured from a liquid or solid state when subject to the right conditions. It is usual to refer to unsaturated polyester resins as ‘polyester resins’, or simply as ‘polyesters’. There is a whole range of polyesters made from different acids, glycols and monomers, all having varying properties. There are two principle types of polyester resin used as standard laminating systems in the composites industry. Orthophthalic polyester resin is the standard economic resin used by many people. Isophthalic polyester resin is now becoming the preferred material in industries such as marine where its superior water resistance is desirable. UP Resins are widely used in a host of applications where advantage may be taken of their good range of mechanical properties, corrosion resistance and low weight. Un-reinforced versions are most commonly used for clear casting resins, coatings, buttons, body fillers, work-surfaces (such as polyester marble), polyester concrete (for applications such as road drainage) and in the manufacture of Gel Coats (applied to composite materials to improve the surface finish). The main features of the unsaturated polyester resins include: Liquid, in their use: Poor linear shrinkage Excellent wettability of the fibres and charges Cold cross-linking by addition of hardener Minimisation of the effect of sagging in vertical stratification (thixotropic properties) Unsaturated polyester resins are the condensation products of unsaturated acids or anhydrides and diols with/without diacids. The unsaturation present in this type of polyesters provides a site for subsequent cross-linking. The UPRs are widely used in the building & construction industry. The growth of the construction industry is an important indicator of a country’s development, as it creates investment opportunities across various related sectors. This growth in the construction industry is projected to propel the demand for FRP products. This would lead to growth in demand for UPRs in diverse applications. Few Indian Major Players Ashland India Pvt. Ltd. Ineos Styrolution India Ltd. Kanoria Chemicals & Inds. Ltd. Lanxess India Pvt. Ltd. Reichhold India Pvt. Ltd. Satyen Polymers Pvt. Ltd.
Plant capacity: Unsaturated Polyester Resin 5 MT Per DayPlant & machinery: 166 Lakhs
Working capital: Cost of Project: 485 LakhsT.C.I: -
Return: 27.00%Break even: 49.00%
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Emerging Business of Shrimp Processing (EOU)

Shrimp are decapod crustaceans with elongated bodies and a primarily swimming mode of locomotion – most commonly Caridea and Dendrobranchiata. More narrow definitions may be restricted to Caridea, to smaller species of either group or to only the marine species. Under a broader definition, shrimp may be synonymous with prawn, covering stalk-eyed swimming crustaceans with long, narrow muscular tails (abdomens), long whiskers (antennae), and slender legs. Any small crustacean which resembles a shrimp tends to be called one. Shrimp are widespread and abundant. There are thousands of species adapted to a wide range of habitats. They can be found feeding near the seafloor on most coasts and estuaries, as well as in rivers and lakes. To escape predators, some species flip off the seafloor and dive into the sediment. They usually live from one to seven years. Shrimp are often solitary, though they can form large schools during the spawning season. As with other seafood, shrimp is high in protein but low in food energy. A shrimp-based meal is also a significant source of cholesterol, from 122 mg to 251 mg per 100 g of shrimp, depending on the method of preparation. Shrimp consumption, however, is considered healthy for the circulatory system because the lack of significant levels of saturated fat in shrimp means that the high cholesterol content in shrimp actually improves the ratio of LDL to HDL cholesterol and lowers triglycerides. The global shrimp market was valued at USD 39.24 million in 2019 which is projected to grow at a CAGR of 1.5% during the forecast period. The global shrimp market recorded a volume of 4207.89 thousand metric tons in 2019, projected to grow at an estimated CAGR of 1.4%. The shrimp market is driven by various factors such as the escalating demand due to the increasing health benefits offered by shrimps, increase in adoption of new environmentally friendly production techniques and contract farming & government policies driving the market. Shrimp species, such as white leg shrimp, giant tiger shrimps, gulf shrimps, blue shrimps, and royal red shrimps, are the most popular varieties that are consumed all over the world. The seafood market size was valued at $159,311.9 million in 2019, and is projected to reach $193,913.6 million by 2027, registering a CAGR of 2.5% from 2020 to 2027. The fish segment was the highest contributor to the market, with $101,526.2 million in 2019, and is estimated to reach $125,914.3 million by 2027, at a CAGR of 2.7% during the forecast period. The growth of the seafood market can be attributed to increase in awareness of the health benefits regarding seafood and change in lifestyle of the consumers. Non-vegetarian consumers are slowly changing their lifestyle and significantly following pescetarianism. Pescetarianism refers to vegetarian food along with seafood but does not include any meat such as beef, pork, poultry, and others. This shift is observed due to consumers’ preference for healthy diet. As meat & meat products often contain harmful pesticides and chemicals, their high consumption can be dangerous. Few Indian Major Players 1. Avanti Frozen Foods Pvt. Ltd. 2. Bluegold Maritech (International) Ltd. 3. Coastal Corporation Ltd. 4. D C L Maritech Ltd. 5. Devi Fisheries Ltd. 6. East Coast Marine Products Pvt. Ltd. 7. G F Kellner & Co. Ltd. 8. Nagarjuna Aqua Exports Ltd. 9. Nekkanti Sea Foods Ltd.
Plant capacity: Shrimp Processing (per Pack 1 Kg Size) 19,500 Kgs Per DayPlant & machinery: 202 Lakhs
Working capital: -T.C.I: Cost of Project: 1465 Lakhs
Return: 30.00%Break even: 57.00%
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Crumb Rubber Powder From Waste Tyres

Crumb rubber is a term usually applied to recycled rubber from automotive and truck scrap tires. There are two major technologies for producing crumb rubber – ambient mechanical grinding and cryogenic grinding. Of the two processes, cryogenic process is more expensive but it produces smoother and smaller crumbs. Waste tyre recycling technology is very cost effective and performs 100% wastage tyre recycling (No churn left after the process). In this process no chemical ingredients are used, therefore it is environment friendly. Raw material (scrap tyre) is cheap and easily available, Generate economically valuable products out of waste tyres and products have good market value and demand. Also each recycled ton of tyres preserves 10 tons of carbon dioxide (CO2) that is a major greenhouse gas. Features of Tire Recycling Plant: 1. Compact structure, small floor area, easy maintenance. 2. Low energy consumption, low operating cost. 3. Easy operation, stable performance. 4. Large capacity, high working efficiency. 5. High automatic control, reducing labor cost. 6. Long service life, low rate of breakdown. 7. Eco-friendly. No sewage and waste gas discharge. There is a rapid market increase of rubber powder in India. Demand of rubber powder in India is increased by 5%-8%. There is fair scope of this product. Every year over 1.6 billion new tires are generated and around 1 billion of waste tires are generated. However, the recycling industry processed only 100 million tires every year. The tire is extensively designed with several complex processes which makes it indestructible in nature and creates difficulty in the recycling of tires. Furthermore, the growing implementation of crumb rubber generated from scrap tires is supporting the growth of the tire recycling market. In 2016, over 30% of crumb rubber used on sports fields and 25% of crumb rubber used as playground surfacing which is expected to create a significant disruption of the tire recycling market. Application of rubberized asphalt for the construction of pavements is also generating a pool of opportunities for tire recyclers and is expected to fuel the growth of the tire recycling market in the near future. Few Indian Major Players 1. Apcotex Solutions India Pvt. Ltd. 2. Elgi Rubber Products Ltd. 3. Rubber Products Intl. (India) Ltd. 4. Rubber Products Ltd. 5. Tinna Rubber & Infrastructure Ltd.
Plant capacity: Crumb Rubber Powder 24 MT per day By Product Steel Wire 4.8 MT per dayPlant & machinery: 115 Lakhs
Working capital: -T.C.I: Cost of Project: 426 Lakhs
Return: 28.00%Break even: 66.00%
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  • T.C.I is Total Capital Investment
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