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Best Business Opportunities in Himachal Pradesh- Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Agriculture & Horticulture: Project Opportunities in Himachal Pradesh

PROFILE

Agriculture Sector of Indian Economy is one of the most significant part of India. Agriculture is the only means of living for almost two-thirds of the employed class in India. About 65% of Indian population depends directly on agriculture and it accounts for around 22% of GDP. Agriculture derives its importance from the fact that it has vital supply and demand links with the manufacturing sector. The agriculture sector of India has occupied almost 43 percent of India's geographical area. Agriculture is still the only largest contributor to India's GDP even after a decline in the same in the agriculture share of India

RESOURCES

Out of the total geographical area of 55.673 lakh hectares, the area of operational holding is about 9.99 lakh hectares owned by 8.63 lakh farmers. The cultivated area in the State is only 10.4 per cent. About 80 per cent of the area is rain-fed. Rice, wheat and maize are important cereal crops of the State. Groundnut, soyabean and sunflower in kharif and rapeseed/mustard and toria are important oilseed crops in the rabi season. Urad, bean, moong, rajmah in kharif season and gram in rabi are the important pulse crops of the State. Maize is an important crop where surplus is available for processing.

The State has made significant progress in the development of horticulture. The topographical variations and altitudinal differences coupled with fertile, deep and well-drained soils favour the cultivation of temperate to sub tropical fruits. The main fruits under cultivation are apple, pear, peach, plum, apricot nut fruit, citrus fruits mango, litchi, guava and strawberry, etc. The region is also suitable for cultivation of ancillary horticultural produce like flowers, mushroom, honey, hops, tea, medicinal and aromatic plants, etc.

Agriculture, being the main occupation of the people of Himachal Pradesh, has an important role in the economy of the State. It provides direct employment to about 71 per cent of the main working population. Income from the agriculture and allied sector accounts for nearly 21.7 per cent of the total State Domestic Product.

GOVERNMENT POLICIES:

Under the State Industrial Policy, numbers of incentives are available to the investors in food processing industry. Processing industries of ginger, potato and vegetables in valley areas have great investment scope. Besides, the temperate climate of the State is quite suitable for production of disease free seed. The Government is encouraging private sector participation for exploitation of vast seed production potential.

The National Policy on Agriculture seeks to actualise the vast untapped growth potential of Indian agriculture, strengthen rural infrastructure to support faster agricultural development, promote value addition, accelerate the growth of agro business, create employment in rural areas, secure a fair standard of living for the farmers and agricultural workers and their families, discourage migration to urban areas and face the challenges arising out of economic liberalization and globalisation. Over the next two decades, it aims to attain:

•        A growth rate in excess of 4 per cent per annum in the agriculture sector;

•        Growth that is based on efficient use of resources and conserves our soil, water and bio-diversity;

•        Growth with equity, i.e., growth which is widespread across regions and farmers;

•        Growth that is demand driven and caters to domestic markets and maximises benefits from exports of agricultural products in the face of the challenges arising from economic liberalization and globalisation;

•        Growth that is sustainable technologically, environmentally and economically.

The policy seeks to promote technically sound, economically viable, environmentally non-degrading, and socially acceptable use of country’s natural resources - land, water and genetic endowment to promote sustainable development of agriculture.

 

Biotechnology: Project Opportunities in Himachal Pradesh

PROFILE:

Biotechnology is a field of applied biology that involves the use of living organisms and bioprocesses in engineering, technology, medicine and other fields requiring bio products. Biotechnology also utilizes these products for manufacturing purpose. The Biotechnology sector in India is one of the fastest growing sectors of the Indian Economy. As the sector is mainly based on knowledge, it is expected that it will play an important part in shaping the Indian Economy, which is developing at a rapid pace. The Indian Biotechnology sector holds immense potential in terms of research and development, skill and cost effectiveness.

RESOURCES:

Himachal has the potential to develop various types of industries using raw material base of fruits, vegetables, high value cash crops and other naturally growing herbal plants. These industries can be in the following: bio-pharmaceuticals, phytochemicals, bio-prospecting, fermentation, post-harvest processing, bio-processing, pharmaceuticals, biochemical, genetically engineered micro-organisms, enzyme production, environment protection and animal husbandry etc.

Biotechnology as a tool has helped in recovery of degraded ecosystem. Some of the methods based on plant biotechnology include reforestation involving micro propagation and use of mycorrhizae. Micro propagation has resulted in increasing the plant cover and thus preventing erosion and giving a climatic stability.

GOVERNMENT POLICIES:

Efforts for establishing Biotechnology Parks with a mission to convert Himachal into 'Herbal Bio business Valley' are at advanced stages. The setting up of BT Parks in Himachal endeavours to create favourable environment for developing a strong BT-based industry as a business entrepreneurship to push the State at centre stage of progress in a short time. The main objectives of the policy are to:-

•        Upgrade infrastructural support to R&D Institutions to generate highly skilled human resource in biotechnology

•        Intensify R&D work in potential areas of biotechnology, including agriculture, animal husbandry, human health, etc

•        Conserve and commercially exploit bio resources of the State for sustainable development

•        Attract entrepreneurs for setting up of biotechnology based industries in the State

•        Promote diversified farming of high value cash crops, conservation and commercial exploitation of bio resources

•        Provide suitable institutional framework to achieve these objectives.

 

Textiles: Project Opportunities in Himachal Pradesh

PROFILES:

The Indian textile industry is one of the largest industries in the world. The textile industry in India is the largest provider of employment after agriculture. This industry is one of the earliest industries of India to come into being; it is presently the second biggest industry in the world after China. Over the years, this industry has proved to be the provider of the basic requirements of the people. The industry holds a vital place in the Indian economy as it makes a contribution of 14 % to the industrial production of the country and at the same time sums up 4% of the total GDP of India. Along with contributing to the Indian economic scenario in terms of employment, involvement in the industrial production, foreign revenues the textile industry of India also contributes to the global textile economy. It contributes to the global textile fibre and yarn production.

RESOURCES:

Textile industry in Himachal Pradesh has grown at 12.78% CAGR (2002-2005). Textile industry in Himachal Pradesh is mainly focussed on spinning yarns. A few companies such as Vardhman are also engaged in weaving and dyeing. Handloom and carpet weaving have mainly developed as small scale industries.

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.

Pharmaceuticals: Project Opportunities in Himachal Pradesh

PROFILE:

The Pharmaceutical industry in India is the world's third-largest in terms of volume and stands 14th in terms of value. The Indian pharmaceuticals market is expected to reach US$ 55 billion in 2020 from US$ 12.6 billion in 2009. The pharmaceutical industry in India meets around 70% of the country's demand for bulk drugs, drug intermediates, pharmaceutical formulations, chemicals, tablets, capsules, orals and injectibles. There are about 250 large units and about 8000 Small Scale Units, which form the core of the pharmaceutical industry in India (including 5 Central Public Sector Units).

RESOURCES:

Himachal Pradesh is emerging as the pharmaceutical manufacturing hub of the country. Almost all the leading pharmaceuticals majors have set up their units in our state or are in process of setting of units. Most of the pharmaceuticals companies setting up unit in Himachal Pradesh. HP is becoming a hub for pharmaceuticals manufacturing companies, with over 300 pharmaceuticals firms setting up units there. Pharmaceuticals companies waiting in the wings to set up units in HP include majors such as Ranbaxy, Cipla, Dr Reddy's, Nicolos Piramal and Dabur, among others.

GOVERNMENT POLICIES:

•        Industrial licensing for the manufacture of all drugs and pharmaceuticals has been abolished except for bulk drugs produced by the use of recombinant DNA technology, bulk drugs requiring in-vivo use of nucleic acids, and specific cell/tissue targeted formulations.

•        Reservation of 5 drugs for manufacture by the public sector only was abolished in Feb. 1999, thus opening them up for manufacture by the private sector also.

•        Foreign investment through automatic route was raised from 51% to 74% in March, 2000 and the same has been raised to 100%.

•        Automatic approval for Foreign Technology Agreements is being given in the case of all bulk drugs, their intermediates and formulations except those produced by the use of recombinant DNA technology, for which the procedure prescribed by the Government would be followed.

•        Drugs and pharmaceuticals manufacturing units in the public sector are being allowed to face competition including competition from imports. Wherever possible, these units are being privatized.

•        Extending the facility of weighted deductions of 150% of the expenditure on in-house research and development to cover as eligible expenditure, the expenditure on filing patents, obtaining regulatory approvals and clinical trials besides R&D in biotechnology.

•        Introduction of the Patents (Second Amendment) bill in the Parliament. It, inter-alia, provides for the extension in the life of a patent to 20 years.

 

Cement: Project Opportunities in Himachal Pradesh

 

PROFILE:

The cement industry presents one of the most energy-intensive sectors within the Indian economy and is therefore of particular interest in the context of both local and global environmental discussions. Increases in productivity through the adoption of more efficient and cleaner technologies in the manufacturing sector will be effective in merging economic, environmental, and social development objectives. The Indian cement industry is highly fragmented with the top few accounting for more than 50% of the industry capacity. The rest is distributed among the large number of small players. The cement industry in India has come forward as the second largest in the world, showing a total capacity of around 230 MT (including mini plants). However, on account of low per capita consumption of cement in the country (156 kg/year as compared to world average of 260 kg) there is still a huge potential for growth of the industry.

RESOURCES:

Himachal Pradesh has ample supply of quality limestone. State exports approximately half of the cement production to other states. The annual cement production of Himachal Pradesh is likely to increase further with the commissioning of a new facility in 2015. Already, the state is producing more than 9 million tonnes of cement. Three new cement plants have been approved. The major companies are Larsen and Toubro, Grasim industries and Harish Chandra limited

GOVERNMENT POLICIES:

The government of India has set ambitious plans to increase the production of cement in the country, and to attain the target the government has made huge investments in the sector. The Department of Industrial Policy and Promotion, which falls under the central Ministry of Commerce and Industry, is the agency that is responsible for the development of the cement industry in the country. The agency is actively involved in keeping track of the performance of cement companies in the country and provides assistance and suitable incentives when required by the company. The department is also involved in framing and administering the industrial policy for foreign direct investments in the sector. Apart from formulating policies, the department also promotes the industry to attract new foreign investments in the sector.

 

Livestock: Project Opportunities in Himachal Pradesh

PROFILE:

Livestock sector plays a critical role in the welfare of India's rural population. It contributes nine percent to Gross Domestic Product and employs eight percent of the labour force. This sector is emerging as an important growth leverage of the Indian economy. As a component of agricultural sector, its share in gross domestic product has been rising gradually, while that of crop sector has been on the decline. In recent years, livestock output has grown at a rate of about 5 percent a year, higher than the growth in agricultural sector.

RESOURCES:

Livestock keeping is very common in Himachal Pradesh. 19 out of every 20 households keep at least one of the species of livestock. Bovine is most common species, of the total households in Himachal Pradesh 91.39 % have bovine. Goat is next important livestock in the state. Nearly one fourth of the total household’s rear goat. Similarly two out of every fine household keeps a sheep. Households keeping poultry accounted for 5.54% of the total households in the state.

 

GOVERNMENT POLICIES:

•        Improve staff skills in management, working with communities and additional skills in project planning, implementation monitoring/evaluation and documentation and enhance the effectiveness of services, through development of process and organization skills within staff along with strong technical knowledge. 

•        Set up a HID Cell to function as a planning and monitoring hub for AHD personnel and their professional development for the department.

•        Establish functional linkages through a supportive administrative framework to further the objectives of the livestock sector policy with important line departments like Panchayati Raj, Rural Development, Health Care and Agriculture along with NGOs and CBOs down to the village level.

•        Set up an empowered  decentralized district  Level  Committee  on livestock resource  development to  disseminate   breeding  and  animal  health  services  in the districts and monitor the development and funds generated.

Most importantly the policy itself speaks of poverty reduction as one of its primary goals and envisions livestock sector growth with a human face. The draft policy has a renewed focus on improving the livelihood and self-reliance of the poor and other underprivileged sections of the rural society through sustainable development of the sector.

 

Tourism: Project Opportunities in Himachal Pradesh

 

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:

Himachal Pradesh has a natural advantage for the development of tourism as an industry. The State has a rich treasure of places of pilgrimage and anthropological value. It is endowed with geographical and cultural diversity, clean, peaceful and beautiful environment. It has also the pride of being the home to Rishies like Vyas, Prashar,Vashist, Markandey and Lamas, etc. Hot water springs, historic forts, forests, mountains, rivers and rivulets, natural and man-made lakes, etc. are sources of immense pleasure and joy to the tourists. The tribal areas of Himachal Pradesh are known for natural beauty and have recently been opened up to foreign tourists. Tourism industry has been given very high priority and the Government has developed appropriate infrastructure for its development, which includes provision of public utility services, roads, communication network, airports, transport facilities, water supply, civic amenities, etc.

 

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.

 

Waste management and recycling: Project Opportunities in Himachal Pradesh

 

PROFILE:

Rapid industrialization last few decades have led to the depletion of pollution of precious natural resources in India depletes and pollutes resources continuously. Further the rapid industrial developments have, also, led to the generation of huge quantities of hazardous wastes, which have further aggravated the environmental problems in the country by depleting and polluting natural resources. Therefore, rational and sustainable utilization of natural resources and its protection from toxic releases is vital for sustainable socio-economic development.

Hazardous waste management is a new concept for most of the Asian countries including India. The lack of technical and financial resources and the regulatory control for the management of hazardous wastes in the past had led to the unscientific disposal of hazardous wastes in India, which posed serious risks to human, animal and plant life.

 

RESOURCES:

After its success in banning plastic bags in the state, Himachal Pradesh government would be considering imposing ban on use of plastic disposables – cups, plates and glasses – to further strengthen the movement of protecting environment from non-biodegradable products. The State Government in a major move decided to employ a proven environment friendly technology, which uses recycled plastic in the bitumen mixture for roads and the outcome has been encouraging. Himachal Pradesh State Pollution Control Board constructed a stretch of road of approximately 800 meters by using approx. 530 Kg of shredded plastic waste between Tutu-Jubbar Hatti airport in collaboration n with Public Works Department and Municipal Corporation. The waste plastic such as carry bags, disposable cups, and thermocoles, laminated plastics like pouches of chips, pan masala, aluminium foil, and packaging material used for biscuits, chocolates, milk, grocery etc was used in the road construction.

 

GOVERNMENT POLICIES:

National policy on waste management is set out in the October 1998 policy statement on waste management- Changing our Ways. It outlines the Government's policy objectives in relation to waste management, and suggests some key issues and considerations that must be addressed to achieve these objectives. The policy is firmly grounded in an internationally recognised hierarchy of options, namely prevention, minimisation, reuse/recycling, and the environmentally sustainable disposal of waste which cannot be prevented or recovered.

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Li-ion Battery Production Business

Li-ion Battery Production Business. Lithium Ion Battery (LIB) Assembling Industry Global Lithium Ion Battery market was valued at $30,186.8 million in 2017, and is projected to reach $100,433.7 million by 2025. Lithium-ion batteries (LIB) are a family of rechargeable batteries having high energy density and commonly used in consumer electronics. Unlike the disposable lithium primary battery, a LIB uses intercalated lithium compound instead of metallic lithium as its electrode. Usually, LIBs are significantly lighter than other kinds of rechargeable batteries of similar size. LIBs are heavily used in portable electronics. These batteries can be commonly found in PDAs, iPods, cell phones, laptops, etc. This term is also known as a LI-ion. A lithium ion battery is an electric device capable of charging and discharging. They are broadly used as a power supply consumer electronics as well as hybrid and electric vehicle. The four materials are used in lithium ion batteries are cathode material, anode material, separators, and an electrolytic solution. Lithium ion batteries markets grow at fastest rate due to its adoption in numerous consumer electronics such as smartphones, tablets, digital cameras and MP3 players, among others. Applications of Lithium-Ion Batteries Some of the most common applications of Lithium-Ion Batteries are: • Power backups/UPS • Mobile, Laptops, and other commonly used consumer electronic goods • Electric mobility • Energy Storage Systems As there are varied uses of a Lithium Ion Battery, it comes in different types of packaging. However, there are some general advantages of using a Li-ion battery over other traditional batteries Lithium Ion Battery Advantages There are many advantages to using a li-ion cell of battery. These li-ion battery advantages include: • High Energy Density: The high energy density is one of the chief advantages of lithium ion battery technology. With electronic equipment such as mobile phones needing to operate longer between charges while still consuming more power, there is always a need to batteries with a much higher energy density. In addition to this, there are many power applications from power tools to electric vehicles. The much higher power density offered by lithium ion batteries is a distinct advantage. Electric vehicles also need a battery technology that has a high energy density. • LIBs hold a charge well. They usually lose approximately 5% of their charge each month, against a 20% monthly loss for NiMH batteries. • LIBs do not require complete discharge prior to recharging. • LIBs are able to handle more charge/discharge cycles. Self-Discharge: One issue with many rechargeable batteries is the self-discharge rate. Lithium ion cells is that their rate of self-discharge is much lower than that of other rechargeable cells such as Ni-Cad and NiMH forms. It is typically around 5% in the first 4 hours after being charged but then falls to around 1 or 2% per month. Variety of types available: There are several types of lithium ion cell available. This advantage of lithium ion batteries can mean that the right technology can be used for the particular application needed. Some forms of lithium ion battery provide a high current density and are ideal for consumer mobile electronic equipment. Others are able to provide much higher current levels and are ideal for power tools and electric vehicles. Low Maintenance: One major lithium ion battery advantage is that they do not require and maintenance to ensure their performance. Ni-Cad cells required a periodic discharge to ensure that they did not exhibit the memory effect. As this does not affect lithium ion cells, this process or other similar maintenance procedures are not required. No Requirement for Priming: Some rechargeable cells need to be primed when they receive their first charge. There is no requirement for this with lithium ion cells and batteries. Market Outlook Global lithium ion battery market was valued at $30,186.8 million in 2017, and is projected to reach $100,433.7 million by 2025, growing at a CAGR of 17.1% from 2018 to 2025. The use of Lithium Ion (Li-ion) batteries have significantly grown with the advent and wide scale adoption of smartphones and growth of Electric Vehicles. Along with this, significant reduction in the cost have also been achieved since the past decade with continuous efforts on the R&D on the production techniques and energy densities. The collective efforts by various major economies to migrate towards electric mobility to reduce the carbon footprint, is set to put a strain on the supply of Lithium metal to cater to the burgeoning demand of the Li-ion batteries. Owing to the expansion of increase in carbon emissions, automobile industry is shifting to from conventional fuel vehicles to electric vehicles. Production and usage of electric vehicles is projected to uplift the demand of energy storage batteries including lithium-ion. In addition, electric cars in the United States mainly operate on renewable or natural gas electricity. The batteries are compatible with renewable energy. Therefore, demand for lithium-ion batteries is expected to increase in economies with developed renewable energy sector. By application, the global lithium-ion market is segmented into automotive, grid energy storage, consumer electronics, and others. The consumer electronics segment accounted for a major market revenue in the year 2018 and is expected to maintain its prominent position over the forecast period. However, automotive segment is anticipated to be the fastest growing segment in the coming years. Fast-paced development of the electric vehicles sector is the key reason behind the growing usage of lithium-ion batteries in the automotive industry. Lithium-ion (Li-ion) batteries are rechargeable batteries with high-energy density and are majorly used in portable equipment. The market for these batteries is expected to witness significant growth owing to increase in use in smartphones, tablets/PCs, digital cameras, and power tools. Moreover, the demand for Li-ion batteries in the automobile industry is expected to increase in line with rise in demand for electric vehicles. These batteries have gained popularity among automobile manufacturers as they offer an alternative to nickel metal batteries used in electric vehicles, due to their small size and light weight. The global lithium ion battery market has been segmented by various end-use industries including electrical & electronics, automotive, and industrial, with others, which include medical, military, and textile industries. The electrical & electronics end-use industry is further segmented into smartphones, tablet/PC, UPS, and others. The automotive end-use segment is further segmented into car, bus, truck, scooter & bike, and train & aircraft. Crane & forklift, mining equipment, and smart grid & renewable energy storage are considered under the industrial end-use segment. The increasing popularity of lithium-ion batteries in energy storing devices, for example, solar grids in industrial and household unit applications is foreseen to give extensive development chances to the market. In any case, the less awareness with respect to the advantages of these batteries and the high expense contrasted with traditional lead acid batteries may hamper the development of this market. In any case, attributable to market saturation in a few regions, the interest for high power capacity batteries for vehicles has picked up the pace. Some of the key players operating in the global lithium ion battery market include Automotive Energy Supply Corporation, Panasonic Corporation, Samsung SDI Co. Ltd., LG Chem Power (LGCPI), LITEC Co., Ltd., A123 Systems, LLC., Toshiba Corporation, Hitachi Chemical Co., Ltd., China BAK Battery Co. Ltd., and GS Yuasa International Ltd. The other players in the market (not included in the report) include Tesla, Johnson Controls International Plc., Saft Batteries, and BYD Company Ltd. India Lithium-ion Batteries Market The India lithium-ion battery market is expected to grow at a robust CAGR of 29.26% during the forecast period, 2018-2023. Lower consumer awareness, inadequate investments by companies, and lack of technological innovations curbed the proliferation of lithium ion technology till the past few years. However, rise in technological developments and increasing need for cleaner energy sources have brought Li-ion batteries on the forefront across various industries as well as end-use sectors. Growing pollution concerns, rising adoption of electric vehicles, increasing income-levels and surging demand for quality and uninterrupted power are some of the key factors catalyzing the growth of Lithium ion batteries market in India. Further, rising usage of smartphones and other consumer electronics products is resulting in an increase in demand for higher energy density and faster charging solutions. Additionally, growing consumer electronics market would drive the India Lithium Ion Batteries market forecast period revenues owing to its light-weight, high energy, and power capacity features. The Indian automobile sector is one of the most prominent sectors of the country, accounting for nearly 7.1% of the national GDP. The industry produced a total of 25.31 million vehicles, including commercial, passenger, two, and three vehicles and commercial quadricycle in April-March 2017, as against 24.01 million in April-March 2016. However, India has set itself an ambitious target of having only electric vehicles (EV) by 2030, which is expected to increase the demand for lithium-ion batteries in India, significantly. Increase in disposable income has led to rise in demand for electronic devices such as smartphones and tablets fueling the growth of lithium-Ion batteries in the India. Moreover, rise in government initiative to reduce pollution level are the major factors driving the Indian lithium-ion battery market. Growth in automotive sector has led to surge in demand for electric vehicles which has also supplemented the growth of lithium-Ion batteries. However, high cost and risk of fire in electronic devices may hinder the market growth in the coming years. Growth in automobile industry and growing trend of electronic devices among youth consumers would increase the demand for lithium-Ion batteries in the near future. The India lithium-ion battery market has been segmented on the basis of material type and industry vertical. By material type, the market is further segmented into cathode, electrolytic solution, anode, and other materials includes (binders, separators, and others). By industry vertical, the market is bifurcated into electronics (UPS, smart phones, laptops/tablets, and others), automotive (car, buses, and trucks, scooters and bikes, train and aircraft), industrial (mining equipment, construction equipment, smart grid), and other industry verticals. Major companies operating in the India lithium-Ion battery market are Samsung SDI Co. Ltd., Panasonic Corporation, Toshiba Corporation, Hitachi Chemical Co., Ltd., and China BAK Battery Co. Ltd., among others. Tags #Lithium_Ion_Battery, #Lithium_Ion_Battery_Assembly, #Li_Ion_Battery_Assembling, #Lithium_Ion_Battery_Assembly_Plant, Lithium Ion Battery Assembly Process, How to Assemble Lithium-Ion Battery, #Lithium_Ion_Battery_(LIB)_Manufacturing_Industry, Lithium-Ion Battery Manufacturing, Manufacturing of Lithium-Ion Batteries, #Lithium_Battery_Manufacturing, #Project_Report_on_Lithium_Ion_Battery_Assembling_Unit, Battery Assembly Plant, Lithium Ion Battery Production, Lithium-Ion Batteries Manufacturing Process, How to Set Up Lithium Ion Battery Plant in India, #Lithium_Ion_Battery_Business, Lithium-Ion Battery Manufacture, #Lithium_Ion_Battery_Manufacture_in_India, Lithium Ion Battery Manufacturing Plant Cost in India, Lithium Ion Battery Manufacturing Plant Project Report, Cost of Setting Up Lithium Ion Battery Manufacturing Plant, Lithium-Ion Battery Production Business, How to Start Lithium Ion Battery Manufacturing Business in India, Li-Ion Battery Assembling Business, Producing Lithium-Ion Batteries, #Detailed_Project_Report_on_Li_Ion_Battery_Assembling, Project Report on Li-Ion Battery Assembling, Pre-Investment Feasibility Study on Lithium-Ion Battery Manufacturing Business, Techno-Economic feasibility study on Lithium-Ion Battery Manufacturing Business, Feasibility report on Lithium-Ion Battery Manufacturing Business, Free Project Profile on Lithium-Ion Battery Manufacturing Business, Project profile on Li-Ion Battery Assembling, Download free project profile on Li-Ion Battery Assembling
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Lead Acid Battery Manufacturing Industry

Lead Acid Battery Manufacturing Industry. Production of Lead Acid Storage Battery India Lead Acid Battery market is projected to reach $ 7.6 billion by 2023. The battery which uses sponge lead and lead peroxide for the conversion of the chemical energy into electrical power, such type of battery is called a lead acid battery. The lead acid battery is most commonly used in the power stations and substations because it has higher cell voltage and lower cost. Lead acid batteries are used as a power source for vehicles that demand a constant and uninterruptible source of energy. Just about every vehicle today does. For example, street motorcycles need lights that operate when the engine isn’t running. They get it from the battery. Accessories such as clocks and alarms are battery-driven. Applications • Automotive and traction applications. • Standby/Back-up/Emergency power for electrical installations. • Submarines • UPS (Uninterruptible Power Supplies) • Lighting • High current drain applications. • Sealed battery types available for use in portable equipment. Market Outlook The global lead–acid battery market was valued at $56.9 billion in 2017 and is projected to reach $70.7 billion by 2023, witnessing a CAGR of 3.7% during the forecast period. The growing demand of electric vehicles, increasing use of uninterrupted power supply (UPS) systems in industrial sectors, and rapid industrialization in developing nations are likely to generate growth opportunities and propel the market demand during the forecast period. Some of the key factors identified as drivers of the global lead acid battery market are: increasing demand for e-bikes and electric vehicles, lower maintenance and replacement costs, and reducing reliance on conventional fuel technologies. On the other hand, stringent lead emission standards and shift towards lithium-ion batteries are two glaring restraints hindering the prosperity of the lead acid battery market. Nevertheless, increasing demand from the telecommunication sector is foreseen as a fresh new opportunity in this market. Application-wise, the analysts have bifurcated the lead acid battery market into grid storage, commercial, stationary industrial, residential grid storage, motive industrial, and transportation. Until 2017, the transportation sector was providing for 47.3% of the overall demand, although the demand for stationary industrial segment is expected to expand at an above-average CAGR of 6.3% during the forecast period. Commercial and residential applications of lead acid battery are also expected to grow at a significant CAGR over the forecast period. Increasing marine activities and recreational boats are giving a trending opportunity for boats, which, in turn, is increasing the demand for lead acid battery. Globally, 85% of lead is primarily utilized in batteries for passenger cars, trucks, motorcycles, uninterruptible power supplies, and solar power storage. Demand for passenger vehicles has increased considerably and is anticipated to rise further in the near future. This, in turn, is creating high demand for lead acid batteries. Automobile and manufacturing sectors are witnessing significant expansion. This is driving the demand for stationary batteries for power backup and that for deep-cycle batteries for wheeled mobility such as golf cars, wheelchairs, and scissor lifts. However, improper and illegal disposal of lead acid batteries causes environmental pollution due to its high lead content. Furthermore, demand for the alternative Li-ion batteries in the automobile sector is increasing due to the poor performance and low cycle life based on temperature of lead acid batteries are restricts the market growth. Manufacturing process advancements in recycling of lead acid batteries provide opportunities to lower the adverse impact on the environment. The automobile and UPS & telecom applications together account for more than 55% share of the market for flooded type batteries. Thus, these are the major segments in terms of product type. The flooded segment is anticipated to constitute key share of the market in the near future due to the extensive utilization in driverless transport vehicles, electric forklifts, and electric bicycles. B.B. Battery Co., Toshiba Corporations, C&D Technologies, Inc. (Acquired By KPS Capital Partner), Crown Battery, CSB Battery Company Ltd., East Penn Manufacturing, EnerSys, Exide Technologies Inc., GS Yuasa Corporation, Johnson Controls Inc., Narada Power Source Co. Ltd., Nipress (Indonesia), Northstar, Reem Batteries & Power Appliances Co. SAOC and Zibo Torch Energy Co. Ltd. are some of the leading companies in this market. India Lead Acid Battery Market India lead acid battery market is projected to reach $ 7.6 billion by 2023. Anticipated growth in the market can be attributed to booming demand for automobiles, in addition to increasing focus of the government towards boosting the penetration of electric vehicles in the country. Moreover, development of smart grids, continuing technological developments, increasing budget allocation for housing projects and government initiatives aimed at shifting the focus from conventional sources to renewables in India is further expected to positively influence the country’s lead acid battery market in the coming years. Lead acid battery is traditionally used as rechargeable battery with varied applications including automotive for starting lighting as well as ignition usage across power backup devices such as inverter, UPS, and genset followed by telecommunication segment, electric vehicles, renewable energy production and storage. India lead acid battery market is driven by automotive and UPS & inverter industry; in addition, government schemes to promote electric vehicles coupled with rising installation of renewable energy projects are posing new opportunities for lead acid battery manufacturers in the country. Anticipated growth in the market can be attributed to booming demand for automobiles, in addition to increasing focus of the government towards boosting the penetration of electric vehicles in the country. Few of the major players operating in India lead acid battery market are Exide Industries Limited, Amara Raja Batteries Limited, Livguard Energy Technologies Private Limited, Luminous Power Technologies Pvt. Ltd., HBL Power Systems Limited, V-Guard Industries, Southern Batteries Private Limited, Su-Kam Power Systems Limited, Okaya Power Private Limited, etc. Tags #Lead_Acid_Battery_(Maintenance_Free), #Lead_Acid_Battery, #Lead_Acid_Rechargeable_Battery, Lead Acid Battery Applications, #Lead_Acid_Battery_Manufacture, Battery Manufacturing Process, #Production_of_Lead_Acid_Battery, Battery Production, Project Profile on Lead Acid Storage Batteries, #Manufacture_and_Assembly_of_Lead_Acid_Battery, Manufacturing Process of Lead Acid Battery, Battery Manufacturing, Process for Making of Lead Acid Battery, Lead Battery Manufacturing, #Production_of_Lead_Acid_Batteries, Lead-Acid Battery Production Business, #Lead_Acid_Battery_Production/Assembly, Lead Storage Batter, Lead Battery Plant, Lead Acid Battery Manufacturing Industry, Lead Acid Battery Manufacturing Plant, Battery Manufacturing Plant, #Cost_of_Setting_up_Battery_Manufacturing_Plant, Lead Acid Battery Manufacturing Plant Cost, Lead Acid Battery Manufacturing Process Pdf, Lead Acid Battery Manufacturing Cost, How to make Lead Acid Battery, Lead Acid Battery Plant Project Report, How to Make Battery in Factory, Battery Manufacturing Process, How to Start a Battery Manufacturing Business, What will be the Cost for Starting Lead Battery Manufacturing Unit? Starting a Battery Manufacturing Business, Start a Battery Manufacturing Plant, Lead Acid Battery Making Process, Lead Acid Battery Industry, #Detailed_Project_Report_on_Lead_Acid_Battery_Manufacturing_Industry, Lead–acid battery, Project Report on Lead Acid Battery Manufacturing Industry, Pre-Investment Feasibility Study on Lead Acid Battery Manufacturing Industry, Techno-Economic feasibility study on Lead Acid Battery Manufacturing Industry, Feasibility report on Lead Acid Battery Manufacturing Industry, Free Project Profile on Lead Acid Battery Manufacturing Industry, Project profile on Lead Acid Battery Manufacturing Industry, Download free project profile on Lead Acid Battery Manufacturing Industry
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Hosiery Cloth (Cotton Processing, Bleaching, Dyeing, Finishing of Cloth)

Hosiery, also referred to as legwear, describes garments worn directly on the feet and legs. The term originated as the collective term for products of which a maker or seller is termed a hosier; and those products are also known generically as hose. Rising awareness of consumers for quality, durability, fashion and style as well as personal grooming consciousness are some of the factors driving the growth of hosiery market. Over the past few years, it has been noticed that not the women hosiery segment is rising but the demand for such products are showcasing a robust growth from the men’s segment due to increasing trends in apparel and fashion. The hosiery is anticipated to observe a rapid growth in terms of both volume and value during the forecast period. The availability of variants in hosiery with various designs and colors are predicted to augment the growth of the global hosiery market with remarkable revenue of around USD 47,258.1 Million by the end of 2024 from USD 36,100.5 Million in 2016, expanding at a compound annual growth rate of 3.5% during the forecast period. The growth of the global hosiery market is driven by the robust demand for comfortable and stylish hosiery among the consumers. Changing lifestyles and demographic factors are bringing changes in demand patterns for hosiery. Although the expenditure on hosiery is largely determined by factors such as income, family size and education, the rapidly expanding affluent base of middle class population in developing countries is expected to expand the market over the forecast period. Hosiery is expected to witness significant demand by the manufacturers Healthcare and Fitness & sports industries. These products are used for the treatment of leg disorder and varicosities. Due to its tight and have flexible qualities has led to an upsurge in demand for compression hosiery in the healthcare industry. With the rise of athleisure is fueling the growth of the hosiery market. Athletes and fitness professionals prefer wearing compression hosiery over cotton socks as it increases the blood flow and performance that led to an upsurge in demand for hosiery among manufacturers in the fitness industry.
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Clear Transparent Lacquer for Coating on Brass

The term lacquer is used for a number of hard and potentially shiny finishes applied to materials such as wood. In modern techniques, lacquer means a range of clear or colored wood finishes that dry by solvent evaporation or a curing process that produces a hard, durable finish. Lacquer forms a protective clear layer on metals and is particularly useful on brass, aluminum, silver and copper, which are often in the form of decorative items. The lacquer market continues to be in a transformative phase, as solvent-based lacquers give way to water-based variants. The shift has been induced by a range of factors, however, stringent regulations and carbon consciousness among end-users are the prominent factors. Although solvent-based lacquers still account for a significant revenue share of the market, demand for water-based lacquers is also growing at a steady pace. Lacquers continue to be the preferred finishes for woodworking owing to a bevy of advantages. Among the various types of lacquers available to end-users, demand for nitrocellulose continues to be the highest, on account of its competitive pricing and quick drying features. Nitrocellulose lacquers are ideally suited for production shops of all sizes, as they offer a uniform layer of film over the material. The fact that nitrocellulose lacquers are evaporative in nature provides for easy blending. Although nitrocellulose will continue to the highest selling lacquer type globally, its limitations are influencing end-users to opt for feasible alternatives. Notable is the problem of ‘crazing’ associated with the use of nitrocellulose. Global demand for lacquers is likely to reach roughly 7 million tons in 2018, as applications in furniture, automotive, and architectural industries create sustained growth opportunities. The shift from solvent-based to water-based lacquers will become more palpable in the next decade, as a combination of environmental compliance and end-user consciousness induces changes in manufacturing and uptake.
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Hard Rubber Battery Container

Hard Rubber Battery Container is a rigid and strong case or box which contains all the contents and components of a lead-acid battery. A lead-acid battery consists of a container cell plates (positive and negative plates), separators for the cells and sulphuric acid solution and other battery components. The battery container has to be resistant to acid, heat and mechanical vibration. The demand for rubber battery container and car battery depends upon the number of motor vehicles and their annual increase. Currently, there are an estimated number of 150,000 vehicles in the country; and at a given time the same numbers of lead acid batteries are in use. The demand for automobile batteries is increasing day by day. Hence the manufacture of battery containers should also be developed with reference to the production of batteries as well as automobiles.
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Processed Food & Spices (Spices, Vegetable Sauces, Fruit Pulp)

Food processing sector is one of the largest sectors in India in terms of production, growth, consumption, and export. India's food processing sector covers fruit and vegetables; spices; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products soya-based products, mineral water, high protein foods etc. With spice, comes flavors and regular foods become luscious in taste. Each spice has a different texture, unique aroma, and enhancing features that bring out the best of the ingredients and make food delectable. With spice, comes flavors and regular foods become luscious in taste. Each spice has a different texture, unique aroma, and enhancing features that bring out the best of the ingredients and make food delectable. Fruit Pulp is processed fruit products which are useful in the preparation of various food, beverages, cosmetics and other products. The production of Fruit Pulp requires extraction of juice with the crushing of membranes of the fruit which contains juice and then processing it to make it a thick paste. Fruit Pulps helps in maintaining the underlying basis for organic agriculture and interaction of the ecological effects of the inputs into our food supply. Fruit Pulps retains most of the nutrients of fruit and thus preferred in various food and beverage products. Fruit pulp consists of more fiber due to the presence of crushed membrane of the fruit and hence is more beneficial as compared to juice concentrate. The Indian food industry is poised for huge growth, increasing its contribution to world food trade every year. In India, the food sector has emerged as a high-growth and high-profit sector due to its immense potential for value addition, particularly within the food processing industry. Currently, food processing accounts for almost one-third of the total food market in India. The food processing industry is valued at US$258 billion, and is the fifth largest industry domestically in terms of production, consumption, export, and expected growth in the country. The country’s food processing industry is expected to reach US$482 billion by 2020, driven by growth in organized retail, changing consumer behaviour, and increasing consumerism in tier II and tier III cities. The Indian food industry is poised for huge growth, increasing its contribution to world food trade every year. In India, the food sector has emerged as a high-growth and high-profit sector due to its immense potential for value addition, particularly within the food processing industry. The shelf life of fruit pulp is longer than fresh fruit. Frozen or chilled fruit pulp retains all the vitamins, minerals, and proteins obtained after processing the pulp. A longer storage life without much alteration to the natural content and flavor is a main factor boosting global market demand for fruit pulp. A longer shelf life also means reduced transportation and storage costs, and this factor encourages manufacturers to increase production of fruit pulp. Also, fruit pulp possesses the same properties (taste, texture, flavor, color) as fresh fruit – in fact, fruit pulp imparts an enhanced color and taste to the finished product. This is another main factor driving the demand for fruit pulp in the global market. Pulp/puree is used as a sweetener in various food products such as snacks, juices, yogurt, and baby food, and also in ready-to-drink smoothies. Food producers are moving towards producing fruit pulp based food products owing to the enhanced properties of fruit pulp. This factor is also fueling revenue growth of the global fruit pulp market. Fruit Pulp market is mainly driven by the changing consumer preferences towards healthy and non-genetically modifies food. Adverse effects have reduced the demand for GMO and Non-GMO food. Fruit Pulp doesn’t create any harmful consequences on soil and human health whereas GMO fruit pulp can have both the problems. Changing preference toward nutritious and healthy products is the new trend for which companies are launching innovative products to supplement the demand of modern society. Fruit Pulp market will face a surge in demand as many food producing companies started focusing on Organic foods. Fruit Pulp market has an opportunity to replace raw fruit consumption due to changing food preferences.
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Acrylic Garments

Acrylic fabric is made with plastic threads. The plastic threads are made of a manmade polymer fiber created from fossil fuels through a chemical process. Acrylic fabric is made in a way similar to the production of polyamide fabric (or nylon fabric) and polyester fabric. Since acrylic fabric is one of the least breathable forms of textiles in the world, it is desired in heat-retention applications. For instance, it is commonly used in athletic equipment, and it’s common to see tracksuits, hoodies, and athletic pants made from acrylic fabric. However, there are concerns that acrylic may be carcinogenic, so it may be prudent to avoid contacting this fiber with skin. The growing use of acrylic fibers in the production of blended fabrics, in addition to other fibers such as wool and cotton, is expected to drive market growth. Blending accords better strength, stability, and absorbency to the final fabric. For instance, the blending of wool with acrylic fibers improves the elasticity and durability of the final product. Also, acrylic-blended wool is easy to wash and is resilient. Furthermore, acrylic fibers make the yarn softer and more durable. Thus, the increase in the use of acrylic fibers for blended fabrics is expected to impact market growth during the forecast period positively. The global market for acrylic fiber will surpass a valuation of USD 5,000 Mn by 2023-end. This market is poised to exhibit a timid CAGR of 1.38% during the review period (2017-2023). Properties such as high electric resistance, elasticity and low density make acrylic fiber an apt industrial material, especially for the apparel industry. Based on the end-use industry type, the market is segmented into apparel, household furnishing, industrial, and others. The apparel segment currently holds the largest share of the market and is also estimated to grow at the highest CAGR during the forecast period. A wide use of acrylic fibers coupled with a large application base including sweater, sportswear, children wear, and socks are the major factor driving the growth of the segment. Changing lifestyle, evolving fashion trends, growing disposable income, and increasing standard of living are giving an impetus to the demand for apparels worldwide. Also, acrylic fiber finds a wider use in the manufacturing of household furnishing.
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Natural Colour and Oil (Turmeric Colour & Oil)

Natural colours are derived from agricultural, biological, or mineral sources. They have a simple extraction process and long history of safe usage. Unlike synthetic colours, natural colours can react differently in each application. Turmeric is a root that has been used to impart colour and flavor to food for centuries. It is produced by grinding the rhizomes of the perennial herb, Curcuma longa, which is native to India, South America, China, and the East Indies, Colour manufacturers are able to deodorize turmeric, allowing it to be used in applications beyond spices. The hue can range from a pale butter yellow to an intense, vibrant yellow depending on the application and the concentration. Turmeric essential oil is rich in antioxidants making it excellent for stimulating new cells to grow, promoting healthy hair follicles and preventing hair loss. The anti-inflammatory properties of the oil contribute to reducing scalp inflammation and improving hair growth. The global natural food colors market is expected to grow at a CAGR of 8.8% to reach $2,537.3 million by 2024 from $1,662.4 million in 2019. Rising preference for natural products over artificial coloring agents is projected to drive the market. Synthetic food colors can lead to health hazards such as tumors, kidney damages, and different types of allergies. Increasing consumer awareness about the benefits of natural ingredients over harmful artificial products is expected to augment product demand in near future. The customer-focused food industry is undergoing significant changes are consumers critically focusing on food ingredients to gauge their nutrition quotient. Manufacturers in the natural food colors market are picking up on the consumer move-away from synthetic food colors as well as artificially colored food products to capture more sales opportunities. The industry is expected to exhibit substantial growth on account of rising demand for the products by the alcoholic and non-alcoholic beverages manufacturing industries. In addition, increasing demand for food colors obtained from non-synthetic sources coupled with rising consumer awareness in Asia Pacific and North America is expected to bolster the demand over the forecast period. Growing demand from application industries, such as beverages, bakery and confectionery, and dairy products is expected to have a positive impact on utilization of carotenoids, curcumin, anthocyanin, and carmine. This factor is expected to drive market growth over the forecast period.
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Corrugation & Pasting Adhesive (Dry Powder/Liquid)

Corrugation Gum Powder is made from raw starch or cooked starch. The Mixer of starch with cold water and caustic solution prepare the gum. Some catalysts are added to increase the strength of boxes. Pasting and Corrugation Gum powder are used for the manufacture of Corrugated Box Manufacturing. Thus, it comes in pure white color which is often used in to pasting and binding the corrugated applications. Moreover, it designed in a clean manufacturing unit to provide premium quality of product with no impurities & toxic properties. Corrugation Gum Powder is available in several types of moisture packaging, dimensions as well as choice made specifications to meet the unwanted needs of the consumers. It is used for Paper Pasting in corrugation industries. Key features are as follows: • Purity • Longer life • Balanced composition • Non hazardous The global packaging adhesives market is expected to reach USD 10.11 billion by 2025. These kinds of adhesives are used in various packaging applications, such as rigid packaging, flexible packaging, corrugated packaging, folding carton, labeling, etc. Packaging adhesive market is segmented based on formulations, by type and by application. Based on formulations, the packaging adhesives market is segmented into water based, solvent based, and hot melt based. Based on type, the market is segmented into polychloroprene, polyurethane, polyvinyl acetate, cellulose, polyvinyl alcohol, and polyvinyl pyrrolidone. By application, the packaging adhesives market is segmented into case & carton closure, flexible packaging, folding carton, envelopes, and corrugated converting. Major factors driving growth of the global packaging adhesives market are increasing demand for packaging adhesives from food & beverages industry, owing to increasing demand for packing food & beverages products. Increasing awareness amongst consumer regarding use of eco-friendly packaging products is expected to drive demand for the global packaging adhesives market. Some of the key players in the global packaging adhesives market are Henkel AG & Co., HB Fuller, Bostik, Paramelt, Jowat Corp., Sika, Wacker Chemie, Avery Dennison, Ashland Inc., and Dymax.
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Ball Bearings Production Business

Ball Bearings Production Business. Deep Groove Ball Bearings and Roller Bearings Manufacturing Industry Deep groove ball bearings are the most common type of ball bearing. They are commonly used in electric motors and in household appliances, car motors, office machinery, automation control, and garden and household tools. They have deep raceway grooves and their race dimensions are close to the dimensions of the balls that run inside. Deep groove ball bearings come in many sizes, materials and varieties according to consumer needs, including special industrial uses such as high-temperature applications. High-temperature bearings are made to withstand temperatures up to 350°C (660°F) and are suitable for machines used in the metals industry or for industrial ovens. Deep groove ball bearings are among the most widely used type of bearing in the world. They can operate at high speeds and can carry radial and (limited) axial loads. They are commonly used in electric motors, compressors, fans, and conveyors. Deep Groove Ball Bearing is a common type of bearings and it is used in several industries from heavy machinery to high precision apparatus. This type of bearings consists of four elements that include inner ring, outer ring, cage that holds balls and ball bearings. Because of the flat surface on outer ring and inner ring, Deep Groove Ball Bearings provides a larger area of contact that delivers high performance and high load capacity. Although Deep Groove Ball Bearings come in hundreds of models and sizes with different design and even different material used in inner ring, outer ring and the cage but basically they are categorized in 4 main sections. Applications: • Electric Motors For electric motor manufacturers and those involved with the refurbishment of motors, deep groove ball bearings will be a familiar sight. Not every motor, however, is the same and selecting the right bearing can make a big difference. • Electrical Goods From photocopiers to washing machines, deep groove ball bearings are an important component. In many instances their specification is critical • General Machinery Compressors, pumps, gearboxes and fans are amongst the many other machines that are reliant on deep groove ball bearings. In each case, however, the demands on the bearing may be very different. Many industries benefit from the use of Deep Groove Ball Bearings: • Agricultural • Food Processing • Machine Tool • Material Handling • Medical / Pharmaceutical • Printing • Railway and Transportation • Wind Energy Roller Bearings Roller bearings — also known as rolling-element bearings — are similar to ball bearings in that they are designed to carry a load while minimizing friction. Roller bearings come in a wide range of shapes and sizes, and can be customized for specialized situations. Also, the use of flanges, cages, and multiple bearing rows can allow for higher performance to meet specific application needs. Roller bearings extend the working life of wheels, pulleys, fans, pumps, compressors, and other rotating parts by reducing friction and enabling parts to move smoothly. They have a wide, flat bearing to provide stability in high-speed applications with high radial loads. Radial loads exert force across the diameter (radius) of the shaft, such as those exerted by the load supported by a pulley or wheel. Tapered roller bearings, cylindrical bearings, and combination bearings support axial and radial loads, such as those encountered on vehicle axels where there force is both through the wheel and along the wheel axis. Needle roller bearings support high speed, high radial loads in confined spaces. Spherical roller bearings support heavy shock loads where misalignment is a risk, such as wind turbines, pumps, paper processing, and fans. Tapered roller bearing cones and cups support high radial and axial loads and are used for such things as axels and gear boxes. Roller Bearing Types and Applications There are thousands of different types of roller bearings available to meet specific application requirements. Emerson Bearing offers a broad selection of roller bearings, including the following popular types: • Cylindrical Roller Bearings These bearings feature rollers that are longer than their diameter, and can tolerate higher loads than ball bearings. Our cylindrical roller bearings can carry heavy radial loads and are able to be used in high-speed applications. • Needle Roller Bearings This type of bearing is thinner than conventional roller bearings and can be designed with or without an inner ring. Needle roller bearings are ideal for dealing with radial space constraints in heavy-load, high-speed applications. Drawn cup styles allow for high load capacities and large grease reservoirs while still offering a slim cross-section design. These bearings are offered with inch or metric seals. • Spherical Roller Bearings These can carry heavy loads even when dealing with misalignment and shaft deflection. They can be designed to have cylindrical or tapered bores for mounting with or without a sleeve adapter. Available with various internal clearances and retainer options, spherical roller bearings can handle axial loading in either direction as well as heavy shock loads. These bearings are available in bore dimensions ranging from 20 mm to 900 mm. • Taper Roller Bearings These bearings can support radial and thrust loads. They can only handle unidirectional axial loads, so a second laterally reversed bearing is required for counter stay. Taper roller bearings are available in inch and metric sizes. Roller bearings are used in a wide range of applications, from heavy equipment and machinery to power generation, manufacturing, and aerospace. Market Outlook Indian Bearing Industry The automobile industry is the largest user segment for Indian bearing market accounting for almost 45% of total demand. The engineering sector is the second largest user segment for Indian bearing market accounting for 28% of bearing sales. The Indian bearing industry is estimated at Rs30bn. The Industry has established a highly diversified product range of around 1000 types of bearings, having high volume demand. The domestic industry caters to almost 70% of total demand for common varieties and sizes of bearings. The remaining demand to the tune of 30% is being imported, essentially for industrial applications and special purpose. The bearing market in India is divided into mainly two categories mainly organized sector and unorganized sector. However production techniques used in both the sectors is different. With the advancement in technologies organized sector is mainly using advanced technologies for production and on the other hand unorganized sector or small scale industries are still sticking to old methods of production. Global Bearings Market The global bearings market size was valued at USD 102.2 billion in 2018 is anticipated to expand at a CAGR of 9.1% from 2019 to 2025. Bearings are virtually used in every kind of equipment or machinery, ranging from automobile parts, farm equipment, and household appliances to defense and aerospace equipment. This factor is projected to drive the market growth in near future. There has been a rising demand for bearings with lower maintenance requirements, higher efficiency, and longer service life. Moreover, rise in demand for specialized bearing solutions that meet different industry specific requirements and challenges is projected to boost the market. For instance, rising application of high capacity products in wind turbines is expected to catapult the demand. Wind turbines utilize these products to enhance turbine performance and reliability, increase energy production, and reduce lubricant consumption. The global bearings market is driven by increase in the demand for bearings in the automotive industry, as the implementation of bearings helps reduce wear and tear caused by friction. The manufacturing industry exhibits the highest demand for bearings. Moreover, ongoing developments in the automotive sector is a major factor that fuels the adoption of bearings in the global market. The adoption of bearings is the highest among automotive industries in countries in the Asia-Pacific region such as India, China, Japan, and South Korea. This trend is expected to significantly supplement the bearings market growth due to rapid mechanization. The global bearings market is segmented based on bearing type, bearing outer diameter, application, and geography. The global bearings market is segmented, based on bearing type, into ball bearings, plain bearings, and others. Ball bearings market is further classified into deep groove ball bearings (open and sealed) and others (angular, contact, and thrust). The market is segmented based on the outer diameter of the ball bearings, into below 5mm, 6-10mm, 10-21mm, 22mm, 23-32mm, 33-40mm, 41-45mm, and others (>45mm). The application areas of the market are automotive, electrical, agriculture, mining & construction, railway & aerospace, and others. The market is analyzed based on four regions, which include North America, Europe, Asia-Pacific, and Latin America, Middle East, and Africa (LAMEA). The key companies in the deep groove ball bearings market include Schaffler, SKF, Timken Company, JTEKT, NSK Ltd. and NTN Corporation. Other players are Aurora Bearing, AST Bearings LLC, FYH Bearing, Baltic Bearing Company and Precision Bearings Pvt. Ltd. Increase in usage of heavy machinery in the construction industry and high demand for application specific bearings drive the market. Rise in investment projects in mining, infrastructure development, and transport infrastructure development fuel the growth of the market. Moreover, increase in number of offshore wind farms results in greater adoption of roller bearings. However, roller bearings incur high installation costs and complex maintenance operations are few factors that are expected to hamper the growth of the market. The global roller bearings market is segmented on the basis of product type, end-user industry, and geography. On the basis of product type, the market is classified into tapered, needle, spherical, cylindrical, and thrust. Based on the end-user industry, the market is divided into electrical, automotive, agriculture, construction, energy & power, and others (general engineering, aerospace). By geography, the market is analyzed North America, Asia-Pacific, Europe, and LAMEA. There are several types of bearings, such as ball bearings, roller bearings, and plain bearings. Technological advances and the growing need to address energy efficiency in many applications result in the continuous improvement of bearing designs. The prospects for the growth of the bearings market is, therefore, closely linked to the growth in the production of high-performance industrial equipment and machinery. Economic growth, increase in manufacturing, construction activities, energy demand, and rising personal income levels are the main factors leading to the expansion of durable goods production and bearing-reliant applications. Other factors driving the growth of this market include growth in the global automotive industry, rising demand from the renewable energy sector, and increasing demand for light-weight bearings for various applications. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years. The key players operating in the global roller bearings industry are NTN Corp., SKF AB, Brammer, NBI Bearings, RCB Bearing, Timken, Schaeffler AG, NSK Ltd., C&U Group, and JTEKT Corporation. Tags #Deep_Groove_Ball_Bearings_and_Roller_Bearings, #Bearings_Manufacturing, #Ball_Bearings_Production_Process, #Manufacturing_Process_of_Deep_Groove_Ball_Bearings, #Ball_Bearing, #Deep_Groove_Ball_Bearings, #Ball_Bearing_and_Roller_Bearing_Manufacturing_Process, #Manufacture_of_Deep_Groove_Ball_Bearings, Bearing Manufacturing Process Flow Chart, Bearing Manufacturing Process Pdf, Roller Bearing, Bearing Manufacturing Project Report, Ball Bearing Manufacture, Deep Groove Ball Bearing Manufacturing, Deep Groove Ball Bearing Application, #Deep_Groove_Ball_Bearing_Factory, Ball Bearings Production, Ball Bearing Manufacturing Process, Roller Bearing Manufacturing Process, Bearings Manufacturing, Ball and Roller Bearing Manufacturing, Bearings Manufacturing Process, Ball & Roller Bearing, #Detailed_Project_Report_on_Deep_Groove_Ball_Bearings_and_Roller_Bearings, Project Report on Deep Groove Ball Bearings and Roller Bearings, Pre-Investment Feasibility Study on Deep Groove Ball Bearings and Roller Bearings, Techno-Economic feasibility study on Deep Groove Ball Bearings and Roller Bearings, Feasibility report on Deep Groove Ball Bearings and Roller Bearings, Free Project Profile on Deep Groove Ball Bearings and Roller Bearings, Project profile on Deep Groove Ball Bearings and Roller Bearings, Download free project profile on Deep Groove Ball Bearings and Roller Bearings
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About NIIR PROJECT CONSULTANCY SERVICES

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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Selection of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

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