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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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Bamboo Sticks

Bamboo is a tribe of flowering perennial evergreen plants in the grass family Poaceae, subfamily Bambusoideae, tribe Bambuseae; however, in many countries where bamboo is used as a building material, forestry services and departments consider bamboo to be a forestry product, and it is specifically harvested as a tree exclusively for the wood it produces, which is in many ways superior to wood. In fact, it is usually referred to be a tree by cultures that harvest it for wood. Despite the fact that India is the world's second-largest producer of bamboo, 70% of the bamboo used in agarbatti is imported. Imported bamboo sticks are often better in terms of dimension regularity and quality than handmade sticks made in India. When burned, incense sticks are long, cylindrical structures with a bamboo core wrapped in fragrant materials, filling the air with fresh air and perfume. Incense sticks are used for a variety of religious purposes, including cleaning the air, releasing positive energy into the atmosphere, and expelling negative energy from our surroundings. Incense sticks are used in a variety of ceremonies and rites in temples, churches, mosques, and monasteries, among other places, in almost all religions. Currently, the Indian government's ministry of business and trade is in charge of incense stick production (GOI). The main ingredients in incense sticks vary depending on the industry, but they typically include charcoal powder, sticky powders such as Jigat, Sal resin, Guggul, Nargis powder, raw bamboo sticks, water, various oils, aromatic essence, flower essence, sandalwood oil, rose petals, natural and chemical aromatic ingredients, sawdust, and various colour powder. Because incense sticks are in such high demand in India, they are sold through all channels of commerce and distributed to people through retail. The retail mode has a positive impact on sales, and the CAGR is predicted to be around 6% in the next years. India's incense sticks and Dhoop (a sort of incense product) industry is a highly export-oriented industry that brings in significant money for the country. Year after year, India's exports of incense sticks and Dhoop grow, helping to close the country's trade deficit. In terms of both consumption and production, India is the world's largest incense stick market. The market has derived from the highest presence of agarbatti goods, which has grown at a CAGR of over 7% in the last several years. However, because to the items' wide range of smells and long-lasting qualities, consumer acceptance of dhoop goods has increased in recent years. In the coming years, the market for dhoop items is expected to grow at a CAGR of more than 9%, driving up demand for bamboo even more.
Plant capacity: Bamboo Sticks 4 MT Per DayPlant & machinery: 443 Lakhs
Working capital: -T.C.I: Cost of Project: 791 Lakhs
Return: 26.00%Break even: 45.00%
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Chlorinated Paraffin Wax (CPW)

The chlorinated paraffins (CP) business consumes a significant amount of chlorine, accounting for around 12% of all chlorine produced in the country. Chlorinated paraffins have a straight chain length [CnH (2n +2)] with carbon atoms ranging from C10 to C20. Chlorination of n-paraffin or paraffin wax creates chlorinated paraffins, which is commonly done in a batch method. As a result of the exothermic process, hydrochloric acid is produced as a byproduct. Final batches are made by removing any leftover acid residues and adding a stabiliser. Chlorinated paraffin wax is made up of straight-chain hydrocarbons that have been chlorinated. Wax is classified by carbon-chain length and chlorination percentage, with carbon-chain lengths ranging from C10 to C30 and chlorination percentages ranging from roughly 35% to over 70% by weight. Chlorinated paraffin wax is made by chlorinating paraffin wax fractions produced from petroleum distillation. The three most commonly used commercial feedstocks are short-chain (C10-13), intermediate-chain (C14-17), and long-chain (C18-20) paraffins (C18-30). As a secondary plasticizer, paraffin wax is often used in flexible PVC compositions. The delivered paraffin wax is processed in compliance with industry quality requirements utilising sophisticated technology. Chlorinated paraffins are used as extreme pressure lubricant additives in the metalworking industry. It's employed in polymers to manufacture, among other things, fire-retardant and water-repellent coated textile. Rubber chalk and sealants also include them. It's used as a supplemental plasticizer in the vinyl industry. Chlorinated paraffins are used as a general purpose plasticizer in a variety of applications due to their superior performance (low volatility), nondrying and nonpolymerizing characteristics, chemical resistance, and moisture resistance. In 2016, the market for chlorinated paraffin was worth more than USD 1.6 billion, and the industry is predicted to grow at a CAGR of more than 3% through 2024. Chlorinated paraffin wax is a type of synthetic organic chemical product composed of n-alkanes with chlorine concentrations ranging from 30% to 70% by weight. It is made by chlorinating natural alkanes. According to worldwide market expansion in the plastic and manufacturing industries, as well as the aerospace and automotive sectors, the global market for chlorinated paraffin will approach USD 2 billion by 2024; this is a significant aspect fueling product demand throughout developing areas. Few Indian Major Players 1. Aditya Birla Chemicals (India) Ltd. 2. Faith Industries Ltd. 3. Gujarat Alkalies & Chemicals Ltd. 4. Ideal Chemicals (India) Pvt. Ltd.
Plant capacity: Chlorinated Paraffin Wax (CPW) 40 MT per day Hydrochloric Acid (by product) 50 MT per dayPlant & machinery: 641 Lakhs
Working capital: -T.C.I: Cost of Project: 1086 Lakhs
Return: 28.00%Break even: 49.00%
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Menthol Crystal from Mentha Oil

Menthol is a clear, crystalline material. It can be made from natural or synthetic sources. Natural or synthetic laevo menthol has a melting point of 41 to 44°C, making it the only therapeutically active form. Some producers classify crystals according to their shape and size, using terms like "bold crystals," "medium crystals," "medium extra crystals," and "medium extra-large crystals." Extracting mint essential oil (menthe arvensis), freezing the oil, and then crystallising the menthol is how menthol crystals are created. Like rock crystals, the crystals are crystalline and oblong in shape. They have a pleasant minty fresh odour and are transparent to the naked eye. It is soluble in alcohol and oils. Menthol crystals are great inhalants on their own, and they're easy to incorporate into recipes. Add a few drops to a bowl of hot, steaming water for stuffiness and bronchitis, and cautiously inhale the relaxing vapours through the mouth and nose. Menta Oil, often known as Menthol Liquid, is a product of the United States of America with the scientific name Menthapiperita. Steam distillation is used to extract the oil, which has a minty, spicy scent. Because of its exhilarating, stimulating, and uplifting aroma, the oil improves digestion and has a soothing effect on muscle spasms, pains, and aches. It can also be used to reduce nasal pain and pressure, as well as in muscle rub ointments, skin care products, and regulating the oil level of the skin and hair. The Benefits of Menthol Crystals 1. It acts as a natural pesticide, therefore you can use pure Menthol to keep moths out of your garden or honey bee hives. 2. Menthol is a hair growth stimulant that may be added to your hair oil by mixing menthol crystals with it. 3. Menthol crystal can also be used to treat sunburns when coupled with aloe Vera gel. 4. It gets rid of dark spots and reduces black and white heads. 5. Menthol stops plague from spreading and kills germs that cause gingivitis. Menthol crystals are generally obtained from natural sources, and as a result, their popularity is growing in both developed and developing countries. Manufacturers' increased focus on natural and sustainable products is driving the rise of natural-based products across numerous industries. Because the cosmetics industry is so tightly controlled, natural-based raw materials are in high demand. This is expected to drive the menthol crystals market in the coming years. Few Indian Major Players 1. Bhagat Aromatics Ltd. 2. Everest Flavours Ltd. 3. Halcyon Life Sciences Pvt. Ltd. 4. Jindal Drugs Pvt. Ltd. 5. Malik Polychem Ltd. 6. RupangiImpex Ltd.
Plant capacity: Menthol Crystal 1,000 Kgs per day Mentha Oil 333.3 Kgs per dayPlant & machinery: 145 Lakhs
Working capital: -T.C.I: Cost of Project: 592 Lakhs
Return: 27.00%Break even: 54.00%
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Chilli Powder, Chilli Flakes & Chilli Oil

Spices are used in the preparation of food and beverages for flavour, colour, fragrance, and preservation. The bark, buds, flowers, fruits, leaves, rhizomes, roots, seeds, stigmas and styles, and the entire plant tops can all be used to make spices. Herbs, which are a subset of spice, are plants that have aromatic leaves. Spices are often dried and used in their natural, unadulterated state. Chilli, often known as red pepper, is a plant that belongs to the solanaceae family and the genus capsicum. They are believed to have originated in South America. Chillies are also known as chilies, chiles, hot peppers, bell peppers, red peppers, pod peppers, cayenne peppers, paprika, pimento, and capsicum. Chilli is a spice that may be found all over the world. Chilli is a popular spice in both domestic and commercial settings. Chilli can be properly exploited to extract chilli oil and oleoresin, which can then be processed into chilli powders for usage as powdered chilli spices. The oil and oleoresin from the chil will be extracted using either solvent extraction or steam distillation. Chilli oil, The colour of chilli oil is usually brilliant red. Vegetable oil, soybean oil, or sesame oil are commonly used, however olive oil or other oils can also be utilised. Chilli oil is a condiment prepared from vegetable oil that has been infused with chilli peppers. It's popular in Chinese cooking, as well as throughout East and Southeast Asia and other regions of the globe. Chilli oil is prepared by preserving dried chillies in oil. Chilli flakes, red pepper flakes, and crushed red pepper flakes are all synonyms for the same thing: a dried and crushed whole chilli condiment/spice (seeds and all). Typically, red pepper flakes are made up of several different peppers. Chilli flakes, on the other hand, are usually made up of a single pepper kind. Chilli Powder: Chilli powder is a powdered spice mixture that is reddish-brown in colour. It has cayenne pepper for heat, but it also has spices like cumin, garlic powder, oregano, and paprika for the chilli con carne flavour. One part cayenne to seven parts other spices is used, depending on the blend. Each type of chilli powder has a different level of heat, although it is always much less than pure powdered chilli peppers. In India, chilies are consumed and exported in large amounts. It consumes approximately 6.2 million tonnes of the country's total output, or roughly 90%. Chilli powder production accounts for 30% of total production in the country. Chilli powder, dried chilies, pickled chilies, and chilli oleoresins are among the products exported from this crop. Few Indian Major Players 1. A D F Foods Ltd. 2. Catch Foods (India) Ltd. 3. Devon Foods Ltd. 4. Empire Spices & Foods Ltd. 5. Enjayes Spices & Chemical Oils Ltd. 6. Everest Industries Ltd.
Plant capacity: Chilli Powder 1,000 Kgs Per Day Chilli Flakes 500 Kgs Per Day Chilli Oil 50 Kgs Per Day by Product Chilli Oleoresin 300 Kgs Per DayPlant & machinery: 149 Lakhs
Working capital: -T.C.I: Cost of Project: 334 Lakhs
Return: 25.00%Break even: 52.00%
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Epoxy Resin (Liquid)

Epoxy resin is an epoxide-containing reactive pre-polymer and polymer. In the presence of catalysts, these resins react with one other or with a range of co-reactants such as amines, phenols, and thiols. Epoxy resin can be found in a variety of industrial settings. Epoxy resin is a type of resin that has outstanding mechanical properties, chemical resistance, and adhesive strength, making it perfect for a variety of applications. Epoxy resin is sometimes known as poly-epoxides. In terms of shrinkage during cure, as well as moisture and chemical resistance, epoxy resin exceeds other types of resins. It is impact resistant and has a long shelf life. It has excellent electrical and insulating properties as well. Epoxy resin is not the same as polyester resin when it comes to curing. It is treated with a curing material called "hardener" rather than a catalyst. Epoxies are thermoset polymers that are made by mixing two or more industrial chemical components together in a process. Epoxy resins are used in a wide range of consumer and industrial applications due to their toughness, strong adhesion, chemical resistance, and other specialised properties. Epoxy resin is mostly used in construction. • Metal coatings • Electronic and electrical components • Fibre-reinforced plastic materials • Structural adhesives • Paints • Sealants • Casting In 2019, the global Epoxy Resin market was worth USD 7,592.35 million, with a CAGR of 5.85 percent predicted over the next five years. Epoxy resins are thermosetting resins with adequate cross-linking agents for improved reactivity and have more than one epoxy group per molecule. Epoxy resins are the most essential raw ingredient in a wide range of chemical formulations. Epoxy resins are the resin of choice for a range of end-user applications, including laminates and insulators, because to their favourable features, such as high thermal stability, mechanical strength, moisture resistance, adhesion, and heat resistance.
Plant capacity: Epoxy Resin (Liquid) 20,000 Kgs Per DayPlant & machinery: 689 Lakhs
Working capital: -T.C.I: Cost of Project: 1956 Lakhs
Return: 30.00%Break even: 80.00%
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Cenosphere Processing from Fly Ash

Kens (hollow) and Sphaira (sphaira) are two Greek words that make up the name Cenosphere (sphere). Cenospheres are inert hollow spheres filled with air or inert gas that are comprised mostly of silica and alumina. Cenospheres are a naturally occurring result of the combustion of pulverised coal in boilers. They're discovered floating on the surface of the fly ash lagoon. Cenosspheres are formed when coal combustion ash becomes molten. By flowing with the combustion gas stream, the temperature of the molten particles is rapidly quenched, causing them to 'freeze in' a spherical shape. Any gas bubbles formed within the molten particles are also contained within the spheres. These bubbles, which can develop in a variety of configurations within the 'frozen' particles or as solitary, concentric formations nearly as large as the diameter of the particles, constitute cenospheres. In fly ash made from Kentucky No. 9 coal, the proportion of particles with densities less than 2 gm/cm3 might be as high as 87 percent in San Miguel coal fly ash. These findings suggest that cenospheres with a density of less than 2 gm/cm3 can be extracted from ash in its dry form if selective extraction is done effectively. Cenospheres are one-of-a-kind free-flowing powders composed of hollow, hard-shelled spheres. Cenospheres come in a variety of colours, ranging from almost white to grey, and have a density of 0.4–0.8 g/cm3, giving them incredible buoyancy. Cenospheres are a multipurpose filler that can be used in a variety of commercial and industrial applications. Two examples are oil well cementing and PVC cushion vinyl flooring. Fillite, on the other hand, is used in each scenario due to its unique properties, which include strength, low density, and chemical resistance. The following are some of the most common applications for Fillite. Cenospheres are hollow, inert, light-weight spheres made mostly of alumina or silica that are filled with inert gases or air and are hollow, inert, and light-weight. They're a prevalent by-product of coal combustion in power plants. Few Indian Major Players 1. Ashtech (India) Pvt. Ltd. 2. Bharathi Rock Products (India) Pvt. Ltd. 3. Minerals & Minerals Ltd. 4. Unirama Industries Ltd. 5. Wolkem India Ltd.
Plant capacity: Cenosphere 8 MT per dayPlant & machinery: 60 Lakhs
Working capital: -T.C.I: Cost of Project: 437Lakhs
Return: 27.00%Break even: 46.00%
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Industrial Park

The Industrial Park has parks, community centres, libraries, commercial complexes, banks, and post offices. In India, a "Industrial Park" is a project in which plots of developed or built-up space are formed and made available to units for the purposes of industrial or commercial activity, along with common facilities and high-quality infrastructure. There have been two causes for industrial parks in the past. For starters, providing functional infrastructure in a geographically confined place is much easier to plan, especially for governments with delivery restrictions. Second, the concentration of firms can have significant spillover effects both inside and outside the park, such as information spillovers, such as knowledge and technology; enterprise specialisation and division of labour; the development of skilled labour markets; and the development of markets in the vicinity of the parks. The integrated park is made up of a network of roadways, convenience stores, water treatment facilities, and drainage and sewage services that connect clusters of houses and businesses. Integrated parks have been highlighted as a feasible solution as cities become increasingly crowded and lack future growth possibilities. Integrated parks are more complicated because they have a lower FSI (Floor Space Index), more open areas, and a focus on creating a sustainable living ecosystem with residential and commercial spaces supported by an infrastructure backbone of power, roads, water, drainage, and sewage – a virtual living and breathing city. An integrated park is the optimal urbanisation alternative. Convenience is the key goal in terms of economic and sociological concerns. In an Integrated Industrial Park, living and working opportunities are combined in one area. All of the housing, infrastructure, and basic utilities, as well as work opportunities, are all available in one place. Industrial parks can help boost regional and national industrial competitiveness while also lowering negative externalities like traffic congestion and "brain drain." They provide a unique institutional framework, modern administrative services, and physical infrastructure not found elsewhere in the country. They're also designed to meet the needs of industrial enterprises in a particular region or community by offering current business development services such as information and telecommunications. Few Indian Major Players 1. AAA Township Pvt. Ltd. 2. Cessna Garden Developers Pvt. Ltd. 3. D L F Garden City Indore Pvt. Ltd. 4. Entertainment City Ltd. 5. Godrej Garden City Properties Pvt. Ltd. 6. Himachal Textile Park Ltd. 7. Industrial Township (Maharashtra) Ltd.
Plant capacity: Type 1 Industrial Plots Area 500 sq.mt. Size 90 Nos Type 2 Industrial Plots Area 1000 sq.mt. Size 40 Nos Type 3 Industrial Plots Area 2000 sq.mt. Size 20 Nos Type 4 Industrial Plots Area 5000 sq.mt. Size 8 NosPlant & machinery: 329 Lakhs
Working capital: -T.C.I: Cost of Project: 30642 Lakhs
Return: 26.00%Break even: 18.00%
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Mineral Wool Ceiling Tiles

Ceiling tiles are a type of auxiliary ceiling that hangs below the main (structural) ceiling. Drop ceilings, also known as T-bar ceilings, false ceilings, suspended ceilings, grid ceilings, drop in ceilings, drop out ceilings, or ceiling tiles, are a common choice for both residential and commercial construction. Ceilings allow the installation of a dropped ceiling beneath existing fire sprinklers because the tiles, also known as melt-out ceiling tiles, are heat-sensitive and engineered to fall from the dropped ceiling suspension grid during a fire, allowing the sprinklers to shoot their water. Drop down ceiling tiles can increase the aesthetic appeal of a ceiling because the fire sprinklers are hidden behind the tiles. Drop down ceiling tiles are generally made of vinyl or expanded polystyrene and are available from a range of manufacturers in a variety of sizes and finishes. Mineral Wool Ceiling Tiles are used in the following places: • Concert halls • Theaters • Libraries • Auditoriums • Classrooms • Meeting rooms • Conference rooms • Sport rooms • Consulting rooms • Concert halls • Theaters Libraries • Auditoriums • Classrooms Between 2020 and 2025, the Ceiling Tiles Market is estimated to reach $8.60 billion, with a CAGR of 9.1%. A spate of development projects are fueling the ceiling tile market. Another megatrend affecting the building and construction industry is the population boom in metropolitan areas, which necessitates low-cost housing. This study covers the ceiling tiles market size by type and property, ceiling tiles market share by top 5 firms, and ceiling tiles market share by start-ups for the forecast year. Mineral Fiber Ceiling has the largest ceiling tile market share in 2019. Mineral fibre ceiling tiles offer sound insulation, durability, fire resistance, and light reflectance. They're frequently seen in non-residential structures, such as offices, hospitals, and retail stores. The joint venture, R&D, and product releases will all help to boost the mineral fibre ceiling tile market. In the United States, Geometrik Manufacturing Inc. has agreed to sell and market the company's product and system portfolio. Few Indian Major Players • K-Flex India Pvt. Ltd. • Lloyd Insulations (I) Ltd. • Owens Corning Inds. (India) Pvt. Ltd. • Rock Wool (India) Pvt. Ltd. • Saint-Gobain Gyproc India Ltd.
Plant capacity: Mineral Wool Ceiling Tiles 3,000.0 Sq. Mtr. Per DayPlant & machinery: 32 Lakhs
Working capital: -T.C.I: Cost of Project: 212 Lakhs
Return: 26.00%Break even: 62.00%
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Opportunities in Business of Alloy Wheels for 2 Wheeler (Motorcycle, Bikes). Start Your Own Business in Automobile Industry.

Alloy wheels are significantly lighter than steel wheels, allowing them to perform better in most conditions. Alloy wheels have a significant advantage in terms of fuel economy, especially in urban areas. Because alloy wheels have a lighter structure, they will put less strain on your car's suspension. Faster acceleration will be possible as a result of this. Because of their superior performance and appealing appearance, alloy wheels are now the standard wheels for most cars. Alloy wheels are more expensive than steel wheels, however they make up the majority of OEM wheels on the market. This gives you a wider range of choices and options. Because alloy wheels are more expensive to manufacture than steel wheels, they've always been considered an aftermarket option unless you're buying a sports car or a high-end luxury vehicle. Around the turn of the century, however, this began to change, and more automakers are now selling alloy wheels on specific trim levels of compact, subcompact, and budget vehicles. The alloy material provides a number of advantages over other materials, many of which are reflected in the wheel benefits. Here are some of the most significant advantages of installing alloy wheels on a vehicle: 1. Aesthetics: Aesthetically, alloy wheels are significantly more beautiful than others. This is partly due to the alloy wheels' more complex production process, which allows for more imaginative and even custom designs. When you compare a steel wheel to an alloy wheel, it's evident which one looks better. 2. Performance: alloy wheels are much lighter than steel wheels, which benefits a vehicle's fuel economy, braking, and acceleration. Alloy wheels can also help with steering and handling. Other vehicle components, such as the engine, transmission, and suspension, benefit from the lighter wheels as well. Alloy wheels also allow for better heat conduction and dissipation, resulting in improved braking. 3. Lightweight: We touched on this benefit before, but it bears repeating: alloy wheels are substantially lighter than steel wheels, which helps improve a vehicle's fuel economy, reduce stress on various components, and improve handling. Alloy wheels are standard on most current automobiles. How are they manufactured, will pique the interest of curious minds. These are the ten steps in the alloy wheel manufacturing process: Step 1: The plant receives raw aluminium. Aluminium is mined and transported to a facility for processing. Step 2: Analyze The Chemical Composition of the Raw Materials: Along with employee inspections, the raw material is subjected to extensive chemical testing to guarantee that it is, in fact, aluminium. Machines test the chemical balance and any materials that do not meet the required standards are discarded. Step 3: The Melting Process: The next stage is to begin the construction process. To begin the melting process, the acceptable material is placed in the oven. This is a short procedure. Melting the aluminium into an useable substance can take anywhere from 10 to 30 minutes. Step 4: Enamel Casting: Low-pressure die-casting technology is used to produce alloy wheels. Yxlon automatic X-ray equipment are used to inspect the castings. Step 5: X-Rays: The wheels are inspected for quality and any damage or faults. Step 6: Tilt Milling: After the wheels have been tested for quality, they go through the tilt milling process. Employees use a tilt mill tool to remove metal from a moving work piece by spinning a multi-tooth cutter. A quill feed lever on the head can be used to feed the spindle up and down. Step 7: Inspection: The wheel is subjected to a manual inspection to look for flaws. They take measurements of the wheel's separate components to ensure that they meet the design specifications. A 'brute force' inspection is also carried out, in which the wheel is subjected to extreme pressure in order to determine its breaking point. Step 8: Finishing Touches and Finishing Touches: After that, the wheel is moved to the stage of painting and treatment. The wheel goes through a variety of steps to safeguard it from the constant wear and tear that automobiles can cause. The process is fully automated thanks to a series of equipment. Step 9: Quality Assurance: The wheel is then examined for quality, similar to the inspection step. Following the painting and protection, an employee will sit beside the conveyor belt and inspect the wheel for any blemishes or dents that would prevent it from being sold. Step 10: Shipment: After the wheel has been produced and inspected, it is ready to be shipped to its final destination. The demand for light weight wheels with the same strength as steel wheels, as well as good thermal stability and ductility, is driving the growth of the automotive alloy wheel market. Automotive alloy wheels are made of magnesium or aluminium alloys, or a combination of the two. Automotive alloy wheels are light-weight wheels that help a car's steering and speed. During the period 2021-2025, the alloy wheel market is expected to increase by USD 3.41 billion, with a CAGR of above 4%. Due to changing weather conditions, there is a growing demand for light weight and corrosion resistant alloy wheels, which is a major factor driving the growth of the automotive alloy wheel market. Tubeless tyres are supported by automotive alloy wheels, which also provide improved brake grip. These are some of the advantages that are projected to boost demand for automobile alloy wheels, accelerating the expansion of the automotive alloy wheel market in the future years. Other major elements that will drive the expansion of the automotive alloy wheel market include a minimal reduction in fuel consumption and precise steering control.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Most Lucrative Production Business Opportunities in Non-Woven Geotextile. Profitable Business Idea in Construction Industry.

Geotextiles are synthetic textiles that are permeable. It's usually made of polyester or polypropylene polymers. Geotextiles are used to improve soil stability, limit erosion, and improve drainage. Geotextiles can be made from a wide range of polymers and manufacturing processes, making them suitable in a wide range of civil construction applications. Geotextile and geosynthetics products such as geogrids, geonets, and other geotextile and geosynthetics products can also be used in geotechnical and environmental engineering design. Non-woven geotextiles are made by tying together long and short fibres using needle punching or other processes. The geotextile is then given a second heat treatment to strengthen its strength even more. Non-woven geotextiles are best employed in drainage, separation, filtration, and protection applications due to their manufacturing process and permeability qualities. Nonwoven fabrics are classified by their weight and have a felt-like feel and appearance. There is now a geotextile fabric that is perfect for your project, whether you need ground stability, separation of sub-base layers, aggregates and other materials, or drainage and filtration. Make sure you choose the correct one each time. In geotextiles, geosynthetics material especially nonwovens are used in the civil engineering field. Nonwovens materials are used to separation, reinforcement and as filters in the construction. The non-woven geotextiles are made from either continuous filament yarn or short-staple fibres. The fibres are usually bonded using thermal, chemical, or mechanical techniques, or by combining two or all of the methods. They are used mainly for separation, protection, and filtration purposes in the areas of roadway, railroad, landfill, or civil and environmental projects. The manufacturing method uses a process with endless filaments to ensure the use of high-quality materials. Non-woven geotextiles are resistant to all chemicals and biological media occurring in the soil and construction materials. The material cannot be dissolved by water, making it safe for groundwater. They are also equipped with U-stabilizer to provide extended resistance to direct sunlight. In 2019, the global geotextiles market was valued at USD 4.6 billion, with a CAGR of 11.9 percent expected during the forecast period. Over the projected period, increased use of geotextiles in a wide range of construction applications such as highways, landfills, drainage systems, and harbours to improve soil stability is expected to drive market expansion. The increased longevity and cost-effectiveness of geotextiles, as well as growing environmental concerns about soil erosion, are expected to fuel geotextile demand. Regulatory organizations’ promotional policies and actions have helped raise knowledge about the benefits of geotextiles, resulting in market growth. Nonwoven geotextiles led the geotextile market in 2019 due to their widespread use in construction, furniture, hygiene goods, vehicles, medical products, agriculture, and packaging, among other applications. Over the projection period, the nonwoven segment is expected to grow at a strong revenue-based CAGR of 12.2 percent. Because of their excellent tensile strength and low cost, nonwoven geotextiles are in high demand for transportation infrastructure projects. Furthermore, nonwoven geotextile demand is likely to be driven by infrastructure improvements in Asia Pacific economies such as China and India. Key Players: 1. Maccaferri Environmental Solutions Pvt. Ltd. 2. Parry Enterprises India Ltd. 3. Skaps Industries India Pvt. Ltd. 4. Strata Geosystems (India) Pvt. Ltd. 5. Techfab (India) Inds. Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
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  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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