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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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Soap Manufacturing Business | Startup Plan on Liquid Hand Soap, Foam & Bath Soap

Liquid hand soap and foam soap differ from traditional bar soaps in that they usually come as a liquid or a creamy solution. They typically contain a combination of plant-based and synthetic detergents that come together to effectively remove dirt and germs. These can be either antibacterial or non-antibacterial. Manufacturers also use their own proprietary formulas to produce effective foaming agents. Bath soap is made using similar ingredients as those found in liquid hand soaps and foam soaps. Like them, it is non-irritating, pH balanced and leaves behind a pleasant fragrance after use. Start a Business in Surfactants Industry, Click Here Uses Body soap is an alkaline cleanser used for cleaning. Most soaps are made from oils or fats; these ingredients react with an alkali to form a salt and water when mixed together in a solution. Additional oils or fats can be added to alter its characteristics and final appearance. This type of soap is a common ingredient in liquid hand soap, foam and bath soap. Watch Video: Soap Manufacturing Business Plan | Liquid Hand Soap, Foam & Bath Soap It is helpful in protecting your skin from diseases like eczema, fungal infections and dry skin. It has antibacterial properties that protect you from infections which can be caused by harmful bacteria. They cleanses hands and other body parts thoroughly. It is used in residential as well as commercial places for hand wash and bathing purposes respectively. Since these products are made from mild and natural ingredients; they don’t react with chemicals present in water hence it does not harm our skin or affect its pH levels. Also, liquid soap is more hygienic than bar soaps because we can easily control how much soap to use on our hands or when we bathe. All these points make them indispensable for households and offices alike. They come in various sizes, shapes and fragrances, being available at a range of prices too. Related Project Report: Production of Liquid Hand Soap, Foam & Bath Soap Manufacturing Process Start with saponification of oils or fats. The glycerol obtained in soap making is used as a non-food product in products such as detergents and cosmetics. Animal fat sources such as lard and tallow are processed by rendering to obtain glycerol for use in a wide variety of consumer and industrial products. Fats from plant sources, including coconut oil and palm oil are processed similarly for use in many different consumer applications including soaps and biodiesel. Glycerol from all these sources is typically derived using one of three processes: wet chemical (lye) method, dry method, or alcohol method. Read our Books Here: Soaps, Detergents, Acid Slurry, Cleaners, Toiletries, Washing Powder, Cake (Bar), Laundry Care, Fabric Wash, Household Detergent, Industrial Detergents, Synthetic Detergent, Toilet Soap, Liquid Soap, Depilatories, Surfactants, Disinfectants Manufacturing Wet chemical process utilizes potassium hydroxide as an alkali agent for saponification, whereas dry process uses sodium hydroxide to make fatty acids into soaps. In alcohol processing, vegetable oils are mixed with methanol and subjected to ultrasonic energy until all molecules split into their constituent parts: glycerol and fatty acids. Some soaps are made by reacting sulfuric acid with rendered animal fat. Watch other Informative Videos: Soap, Detergents, Surfactants, Cleaners, Cleaning Powder, Laundry Care, fabric care and wash, Household and Industrial Detergents These reactions yield glycerols, which can be converted into a number of useful derivatives; soap has been traditionally used both personally and commercially as an emulsifying agent that assists in removing dirt and grease from skin or hair when combined with water. Saponified olive oil differs markedly from castile soap. Castile soap is almost pure sodium oleate (and has relatively little natural glycerin left); it was originally made by boiling beef or mutton fat with a strongly alkaline solution derived from hardwood ashes. Related Feasibility Study Reports: Soap, Detergents, Surfactants, Cleaners, Cleaning Powder, Laundry Care, fabric care and wash, Household and Industrial Detergents, Washing and Toilet, Liquid Soaps, Liquid Detergents, Acid Slurry Saponified olive oil contains significant amounts of stearic acid and oleic acid. By contrast, most commercial liquid hand soaps contain synthetic detergents like alkylbenzenesulfonates, linear alkylbenzenesulfonates and alcohol ethoxylates—all complex mixtures which vary depending on manufacturer. Most household cleaning products are made with similar ingredients—alkyl sulfate, linear alkylbenzenesulfonates or other petrochemical compounds, denatured alcohols and perfume oils. Start a Business in India Market Outlook: Global Liquid Hand Soap Market size is estimated to grow at over 12.0 % CAGR between 2020 and 2027. Increasing consumer awareness towards safety and hygiene as bacteria’s and germs are the major cause of spread of diseases will drive the product demand. In addition, growing consumer spending on personal hygiene is expected to promote the products. Start a Business in Potential Countries for Doing Business Rising spread of various disease among human, especially after the outbreak of covid-19 all over the worldwide led to increase in the demand for liquid hand soaps in numerous sectors includes hospitals, malls, offices, restaurants, and many others. Additionally, the government recommendation to prevent the spread of coronavirus such as issued recommendation for maintaining hand hygiene, which includes frequent handwashing, also support the rising demand for liquid hand soaps in the global market. Also, the bath soap market is further expected to grow at a CAGR of 5% between 2021 and 2026 to reach a value of almost USD 27.5 billion. Best Industry for Doing Business The Asia Pacific is the largest regional market, accounting for almost 40% of the industry. The industry in the Asia Pacific is being aided by the large population of the region. Asia accounts for almost 60% of the global population, with China and India being the most populous countries. The growing population in India is expected to drive the growth of the bath soap industry. The industry in the region is also being aided by the increasing penetration of the industry and the growing adoption of soap. Its large retail industry is also projected to propel the industry further. The country is the fourth largest retail market, globally and the third largest in Asia. See More Links: Looking for Most Demandable Business Ideas for Startups Business Ideas with Low, Medium & High Investment Start a Business in Africa Start a Business in Middle East Start a Business in Asia Related Videos Related Books Related Projects Related Market Research Reports
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: 1
Return: 1.00%Break even: N/A
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Profitable Business of Magnesium Sulphate

Magnesium sulphate is an inorganic salt with the formula MgSO4(H2O)x, where 0x7 is the number of atoms in the formula. Epsomite (MgSO4•7H2O), often known as Epsom salt, is a heptahydrate sulphate mineral that is commonly encountered. It works by boosting water in the intestines and replacing magnesium in the body. Magnesium sulphate is a laxative that can be taken orally to ease occasional constipation and to treat magnesium deficiency; however, the bulk of it is used in agriculture. The FDA has not approved all external applications for magnesium sulphate. Magnesium Sulphate is a chemical compound that contains magnesium, oxygen, and sulphur. Magnesium sulphate is also known as sulphate mineral and epsomite, both of which are used to make Epsom Salt. Magnesium sulphate has use in a variety of areas, including healthcare, agriculture, medicines, food additives, and others. It is employed both internally and externally in the medical field. Depending on the concentration, magnesium sulphate has a bitter or salty flavour. At low concentrations, it has a salty flavour, however at high concentrations, it has a bitter flavour. As a result, it may have the potential to be utilised as a salt substitute. Magnesium sulphate comes in heptahydrate, monohydrate, anhydrous, and dry forms, each carrying the equivalent of 2 to 3 hydration fluids. Natural sources of magnesium sulphate include saltwater, mineral springs, and minerals like kieserite and epsomite. The heptahydrate of magnesium sulphate is made by dissolving kieserite in water and then crystallising the heptahydrate. Magnesium sulphate is a fertiliser, a food supplement in animal feed, and a cathartic and analgesic in medicine. It is employed as a coagulating agent in rubber and plastics, in various plating baths, and as a drying agent for various organic solvents in the textile industry, as well as in the manufacturing of citric acid, magnesium stearate, monosodium gluconate, and various photographic solutions. After rising at a CAGR of 5.1 percent from 2021 to 2026, the Magnesium Sulfate Market is expected to reach $1,233.3 million by 2026. In the years ahead, the growing requirement to produce high agricultural yields, combined with the significant growth of the global agricultural business, is likely to be the primary driver of demand growth. Furthermore, the increased use of magnesium sulphate in the personal care and cosmetics sector to formulate a variety of important personal care items, such as hair products, skincare products, sun-tan products, and skin fresheners, will create new opportunities for the global magnesium sulphate industry to grow. Few Indian Major Players 1. Aksharchem (India) Ltd. 2. Liberty Phosphate Ltd. 3. Pioneer Magnesia Works Pvt. Ltd. 4. Sam Industries Ltd. 5. Welterman International Ltd. 6. Yash Chemex Ltd.
Plant capacity: Magnesium Sulphate: 72 MT Per DayPlant & machinery: 2.56 Cr
Working capital: -T.C.I: Cost of Project: Rs. 9 Cr
Return: 29.00%Break even: 58.00%
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Production Business of Zinc Sulphate

Zinc sulphate is a crystalline substance that is highly water soluble, clear, and colourless. It's also known as white vitriol and comes in the heptahydrate form, ZnSO4 •7H2O. It's found naturally in the mineral goslarite and can be made by reacting zinc with sulfuric acid. It's used to make lithopone, coagulation baths for rayon, electrolyte for zinc plating, as a mordant in dyeing, as a preservative for skins and leather, and as an astringent and emitic in medicine. Zinc sulphate is primarily utilised in fertiliser applications and as a supplement in animal feed. It's used on crops like pecans, deciduous fruits, peanuts, cotton, corn, and citrus, as well as in swine and poultry feeds. The most frequent dry fertiliser is zinc sulphate, and the most common liquid fertiliser is zinc chelates. Zinc sulphate is a preferred chemical for supplying zinc values in agricultural applications due to its excellent solubility in aqueous environments. Zinc is a necessary component of plant and animal life. It acts as a growth hormone in plants and impacts protein synthesis. Zinc deficiency causes plant stunting, yellowing of the leaves, and lower seed, grain, vegetable, and fruit production. The most popular and most effective long-term technique for addressing zinc deficiency is to apply zinc sulphate to the soil. Zinc sulphate can be sprayed in a band near the seed or as a broadcast treatment that is tilled into the soil. The most efficient placement of the band is to the side and below the seed. Zinc sulphate solution can be used to manufacture zineb (zinc ethylene bisdithiocarbamate). Zineb is a typical agricultural fungicide used to protect crops like apples, pears, cabbage, broccoli, and ornamentals, as well as citrus, stone fruit, cotton, and wheat. Zinc sulphate is used in agriculture to destroy weeds and protect crops from pests. Zinc sulphate is a significant element of the precipitating bath in the manufacturing of viscose rayon and in the electrolyte for zinc plating. Zinc sulphate is used as a mordant in dyeing, as a skin and leather preservative, and as an astringent and emetic in medicine. In the period 2020-2026, the global zinc sulphate market is expected to rise at a robust CAGR of 4.2 percent. The market is being driven by increasing usage as a fertiliser additive in the agriculture industry to prevent and repair zinc deficiency in crops, increased demand for applications of raw material for manufacturing latex products, and usage as a moss control herbicide. Zinc sulphate is used to treat zinc deficiency in humans and as a fertiliser in agricultural sprays to increase soil nutrition, and it is projected to play a significant role in market growth. Few Indian Major Players 1. Agro Phos (India) Ltd. 2. Aksharchem (India) Ltd. 3. Indian Farmers Fertiliser Co-Op. Ltd. 4. Jayshree Chemicals Ltd. 5. Liberty Phosphate Ltd. 6. Yash Chemex Ltd.
Plant capacity: Zinc Sulphate 33%: 2 MT Per Day Zinc Sulphate 21%: 2 MT Per Day Zinc Sulphate 12% Soln.: 2 MT Per DayPlant & machinery: 1.21 Cr
Working capital: -T.C.I: Cost of Project: Rs. 3.70 Cr
Return: 22.00%Break even: 60.00%
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Business Industry of Grain Processing (Grading, Cleaning & Packaging of Rice & Pulses)

Four milling is a physical process in which the kernel is cleaned, adjusted to a suitable moisture level, and then mechanically reduced to the proper particle size to produce a four. Fractionation is used in four production not only to separate bran, germ, and endosperm from one another, but also to ensure the milling endosperm particle size is correct. The technique does not include any chemical or heat treatments, and so does not result in grain purification. When comparing levels within the grain and the final mill fractions, the milling process might cause variations in the distribution of pollutants. Pulses are the dried and edible seeds of leguminous plants. Pulses are an integral component of traditional food baskets since they are a low-fat source of protein. These are the most important component of a well-balanced diet and a primary source of protein for India's vegetarians. Dal is typically made using pulses, rice, and chapatti. Dal with onions, tomatoes, and spices is a must-have snack in any home. Pulses are a staple of any vegetarian's diet, yet they're also popular among non-vegetarians. They are the primary protein sources. Pulses are used in a variety of recipes, including hot foods, sweet dishes, and others. Pulses are the most prevalent food in Indian households. Dal is a dry cereal that is consumed to provide the protein needs of a normal human being. Rice is the main source of income for West Bengal's rural inhabitants. Rice is the state's main food crop, out of a variety of crops. With an annual output of roughly 150 lakh tonnes, West Bengal is the country's top rice producer. Rice is made by hulling and dehusking paddy in a rice mill. 65 percent milled rice, 24 percent husk, and 5% bran layers make up the paddy. Humans are unable to ingest paddy in its uncooked form. It must be processed properly in order to yield rice. Rice is one of the world's most important food crops. However, because a large portion of the world rice production is consumed in the nations where it is produced, only a little amount of rice flows around the world. Seed is the most fundamental input in agriculture. The state of agriculture is determined by the quality of seed used by farmers. However, new cultivars and improved integrated crop management approaches are necessary for optimal productivity gains. Peanuts, also known as groundnuts, are a high-value commodity that can be sold raw but is incredibly adaptable and can be utilised in a variety of goods. The oil can be used in cooking, as a shortening, or as a foundation for confectioneries. It can also be used to make peanut butter. Groundnuts come in two varieties: bush and runner. The following are the most common ways that major food grains are used: • Directly as food. • For the generation of starch and the conversion of starch into glucose. • In order to make vegetable oil. • To make food that is high in protein. • For the purpose of making livestock feed. • In directly produced corn steep liquor, which is employed as a vitamin or mineral supply in the fermentation procedure. Food grains are the most common contents. Carbohydrate, protein, fibre, fat, minerals, vitamins, and the moisture outer coatings of cereal grains are all made up of cellulose fibre. When food grains are stored, moisture is lost and the quality deteriorates. Cereal grains are very significant food ingredients. Rice is the primary food source for about half of the world's population. Rice, wheat, and millets are the most commonly consumed cereals in India (jowar, bajra, ragi, etc.) They are the cheapest calorie sources. Cereals are essential sources of nutrients in an average Indian diet since they are consumed in such big quantities. From 2020 to 2027, the market for cereals and grains processing is predicted to rise at a rate of 10.40 percent. In the period 2020-2027, the increased consumption of food products will be the primary factor driving the growth of the cereals and grains processing market. For around 58 percent of India's population, agriculture is their primary source of income. Agriculture, forestry, and fishery had a Gross Value Added of Rs. 19.48 lakh crore (US$ 276.37 billion) in FY20. In FY20, agricultural and allied sectors accounted for 17.8% of India's gross value added (GVA) at current prices. Consumer spending in India would grow by as much as 6.6 percent in 2021, following a pandemic-driven drop. Few Indian Major Players 1. Arvind Kumar Nand Kumar Ltd. 2. Baba Agro Food Ltd. 3. Chennai Gate Rice Inds. Pvt. Ltd. 4. D D International Pvt. Ltd. 5. Fortune Rice Ltd. 6. G P A Capital Foods Pvt. Ltd. 7. Buniyad Foods India Ltd. 8. Hari Bhog Foods Pvt. Ltd.
Plant capacity: Moong Dal: 1 MT Per Day Masur Dal: 1 MT Per Day Toor Dal: 1.5 MT Per Day Chana Dal: 1 MT Per Day Kabuli Chana: 1 MT Per Day Desi Chana: 1.5 MT Per Day Katrni Rice: 1.5 MT Per Day Bengal Joha Rice:1 MPlant & machinery: 63 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1.65 Cr
Return: 31.00%Break even: 58.00%
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Manufacturing Industry of Kraft Paper

Paper or paperboard (cardboard) made from chemical pulp produced in the kraft process is known as kraft paper or kraft. Sack kraft paper (or simply sack paper) is a porous kraft paper with high elasticity and rip resistance that is used to package products with high strength and durability requirements. The kraft process produces stronger pulp than other pulping methods; acidic sulfite processes degrade cellulose more, resulting in weaker fibres, and mechanical pulping processes leave the majority of the lignin with the fibres, whereas kraft pulping removes the majority of the lignin present in the wood. Low lignin content is critical for the paper's strength because lignin's hydrophobic nature prevents the formation of hydrogen bonds between cellulose (and hemicellulose) in the fibres. Although kraft pulp is darker than other wood pulps, it can be bleached to produce a very white pulp. When strength, whiteness, and resistance to yellowing are critical, fully bleached kraft pulp is used to manufacture high-quality paper. For one reason, paper has long been a standard in packaging: it simply works. Despite all of the options for packaging and shipping protection, Kraft Paper has stood the test of time and has endured. -Strength-: Kraft paper is tough and can endure industrial pressures to keep property and supplies safe. Some people try to utilise lower-quality papers, which have their uses, but Kraft Paper's robustness stands out among other options when it comes to preserving items and materials. -Pallet Uses- Anti-slip Kraft Paper between layers of boxes, bags, and other materials avoids breakage and protects the products being shipped. Using pre-cut sheets speeds up the process of palatalizing products while also saving money in the long term by providing an extra layer of protection. The use of a Kraft Paper cardboard slip sheet on the base layer of palliated objects prevents the entire load from shifting during transportation. -Wrapping Individual Items- Kraft Paper is used to wrap goods individually in pottery stores and craft stores because it provides a cheap layer of protection at a fraction of the cost of alternative materials. Individual things are wrapped in Kraft Paper by manufacturers because they want their products to arrive in one piece and be ready for usage by the consumer or end-user. -Floor Covering- Kraft paper may be easily applied to floors to protect them during manufacture and construction. Some people use Kraft Paper to keep fibreglass from harming their floors. Others utilise Kraft Paper rolls to preserve their customers' floors during remodelling and construction projects. -Paint Masking- Paint overspray can harm an automobile, boat, or structure. By simply masking items to be painted with Kraft Paper, you may avoid unwanted overspray and save time and money. The global kraft paper market is expected to increase at a CAGR of 3.0 percent from USD 15.6 billion in 2019 to USD 18.7 billion by 2025. The rising demand for kraft papers in different end-use sectors such as food & drinks, building & construction, cosmetics & personal care, automotive, and consumer durables is expected to fuel the global kraft paper market's expansion. Furthermore, the kraft paper market is expected to develop due to factors such as rising urbanisation across areas and the recyclability of kraft papers. Few Indian Major Players 1. Aryan Paper Mills Ltd. 2. Best Paper Mills Pvt. Ltd. 3. Dev Priya Papers Pvt. Ltd. 4. Fiesta Papers Pvt. Ltd. 5. Galaxy Papers Pvt. Ltd. 6. Godavari Pulp & Papers Mills Pvt. Ltd. 7. Laxmi Govind Paper & Pulp Mill Pvt. Ltd. 8. Maharaja Paper Inds. Pvt. Ltd.
Plant capacity: Kraft Paper: 200 MT Per DayPlant & machinery: 47.24 Cr
Working capital: -T.C.I: Cost of Project: Rs. 74.42 Cr
Return: 26.00%Break even: 49.00%
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Demanding Business of E-Rickshaw Assembling

E Rickshaws are three-wheeled battery-operated vehicles that are considered an upgrade to traditional rickshaws and are more cost-effective than auto rickshaws and other fuel variants. These rickshaws have zero emissions and are frequently argued to be much better than other rickshaws because they are almost pollution-free. E rickshaws are becoming increasingly popular among rickshaw drivers, and they have opened up new prospects for people because they require little investment to earn a living. They provide significant returns in a short period of time, are simple to operate, and have low maintenance and operating costs. Because of its low maintenance costs, low fuel costs, environmental friendliness, lack of noise pollution, ease of operation, and last but not least, livelihood, e-rickshaws have become one of the most popular modes of transportation on city streets. The earnings for an e-rickshaw driver are pretty substantial without putting in much physical effort or investing much money, and it is thus a vital means of income for many. These e-rickshaws have three wheels and a differential system at the back. The chassis of these vehicles is made of mild steel tubing. E-Rickshaw Benefits • Environmentally friendly — because they are battery-powered, e-rickshaws may be the ideal alternative to petrol or diesel-powered cars. Because these rickshaws do not release smoke, they will not contribute to rising air pollution levels. The batteries that will be utilised to power these rickshaws may be effectively recycled, so resolving the issue of battery disposal. • Economical – E-rickshaws are relatively inexpensive and can be readily afforded by the average person. Passengers will be charged a lower transportation fee. It is cost-effective not only for customers, but also for business owners. The batteries can be readily recharged at home or anywhere else that has a suitable voltage. • No Noise Pollution — E-rickshaws do not generate any sound, thus they do not contribute to noise pollution. Passengers can enjoy a pleasant and relaxing trip. • Income — E-rickshaws provide a source of income for both literate and illiterate persons. E-rickshaw drivers may make a solid living without spending a lot of money. • Safety — when compared to other fuel-powered vehicles, e-rickshaws pose a lower danger. Because they are slower and lighter than an auto rickshaw, they are less likely to cause an accident. In the event of fuel-operated vehicles, there is a risk of explosion. • Low Maintenance - Because the engines are powered by electricity, they do not require any fuel. Because e-rickshaws do not have an engine or a transmission, they require less maintenance. In these rickshaws, the motor is smaller, and the battery is located below it. As a result, maintaining them is much easier. During the forecast period, the worldwide e-Rickshaw market is expected to grow at a CAGR of roughly 9%. The market's growth can be attributable to cheap transportation costs and low power consumption. E-rickshaws are widely acknowledged as a viable alternative to diesel, gasoline, and compressed natural gas auto rickshaws. Increasing public awareness of air pollution and other environmental issues that can be mitigated through the use of e-rickshaws. The controller, motor, batteries, harness, and throttle are the primary electronic components that make up the drive of an e-rickshaw. Any mismatch between these components is unpleasant and can lower performance. During this time, the worldwide e-Rickshaw market is expected to grow at a CAGR of roughly 9%. The market's growth can be attributable to the cheap cost of transportation, which is attributed to more mileage and lower power usage. The e-rickshaw market is expected to be driven by an increase in sales and production of electric cars as an alternative to fuel-based mobility, owing to many government efforts and environmental laws on the electric vehicle industry.
Plant capacity: E-Rickshaw: 200 Nos per dayPlant & machinery: 2.06 Cr.
Working capital: -T.C.I: Cost of Project: Rs. 25.80 Cr.
Return: 30.00%Break even: 68.00%
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Setting up a Multispeciality Hospital (200 Bedded)

A hospital is a health-care facility that provides specialised medical and nursing services as well as medical equipment to patients. The most well-known type of hospital is the multispecialty hospital, which often features an emergency room to address urgent health issues such as fire and accident victims, as well as acute illness. Trauma centres, rehabilitation hospitals, children's hospitals, seniors' (geriatric) hospitals, and hospitals for specific medical requirements such as mental care and certain disease categories are all examples of specialised hospitals. When compared to normal hospitals, specialised hospitals can help save money on health treatment. Depending on the sources of revenue, hospitals are categorised as general, speciality, or government. A multi-specialty hospital is a health-care organisation that provides preventive, curative/ameliorative, palliative, or rehabilitative services, according to various definitions. It's designed to help individuals with a variety of diseases. A private hospital is a facility where patients can receive treatment for anything from a little fever to a major surgery. At truth, there are no restrictions on the kind of services that can be provided in a hospital. However, all private hospitals are equipped with the most up-to-date technology and equipment. Surgeons, physicians, E.N.T., specialists, children's specialists, eye surgeons, psychologists, and sex experts are all important in a hospital. The hospital industry's structure is complicated in nature, as it may be viewed from various perspectives. Because each hospital is unique in terms of structure, functions, performance, and the community it serves, each has its own set of characteristics. A speciality hospital is one that focuses on a certain sub-specialty of medicine (Urology, General Surgery, Cosmetic surgery, Bariatric surgery, Clinic Pathology, Padeatrics & Neonatology). For significant procedures, consultations with sub-specialists, and when sophisticated intensive care facilities are necessary, patients are frequently referred from smaller hospitals to a specialty hospital. These hospitals feature highly skilled professionals, cutting-edge equipment, and provide services 24 hours a day, seven days a week. Specialized diagnostics, dialysis for acute renal failure, ventilation for patients with respiratory failure, and intensive care for critically ill patients are all available at these facilities. These hospitals conduct research and have a well-stocked library. In 2020, the global hospital market was valued at USD4207.46 billion, and it is predicted to increase at a CAGR of 6.70 percent over the next five years. This is due to the expanding geriatric population, which is afflicted with a variety of chronic ailments such as cancer, diabetes, cardiovascular disease, and renal disease, among others. As a result, the number of patients in need of therapy has grown. Furthermore, rising healthcare expenditures by governments around the world, as well as the penetration of large hospital chains, are likely to drive market expansion in the coming years. Furthermore, through 2026, rising awareness and developments in diagnostic technologies are likely to generate profitable prospects for market expansion. Hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance, and medical equipment are all part of India's healthcare industry. The healthcare sector is expanding at a breakneck speed, thanks to expanded coverage, services, and increased spending by both public and private entities. The hospital industry in India, which accounts for 80% of the entire healthcare market, is seeing a lot of interest from both international and domestic investors. The hospital industry is predicted to increase at a CAGR of 16-17 percent from $61.8 billion in 2017 to $132 billion in 2023.
Plant capacity: 200 Bedded HospitalPlant & machinery: 140 Cr
Working capital: -T.C.I: Cost of Project: Rs. 212.48 Cr
Return: 27.00%Break even: 50.00%
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Rising Demand in Spinning Mill

The textile business relies heavily on spinning. It is a step in the textile production process that involves converting three types of fibre into yarn, then fabrics, which are subsequently finished with bleaching to form textiles. After that, the fabrics are made into garments or other items. Three industrial spinning technologies are available, as well as a handicraft community that uses hand spinning techniques. Spinning is the technique of twisting together pulled out strands of fibres to make yarn, though it is also used to describe the process of drawing out, twisting, and winding onto bobbins. Spinning is the most expensive step in the process of turning cotton fibres into yarn. Currently, ring-spinning frames create over 85% of the world's yarn, which are designed to draught the roving into the proper yarn size, or count, and impart the correct amount of twist. The strength of the yarn is proportional to the amount of twist. The length to length feed ratio might be anywhere between 10 and 50. Roving bobbins are put on holders that allow the roving to pass freely into the ring-spinning frame's drafting roller. The bobbin's spindle spins at a rapid pace, causing the yarn to expand when the twist is applied. The yarn on the bobbins is too short to be used in following processes, therefore it is doffed into "spinning boxes" and transferred to the next step, which could be spooling or winding. The worldwide textile industry was estimated to be worth USD 1000.3 billion in 2020, and it is forecast to increase at a CAGR of 4.4 percent from 2021 to 2028. Over the forecast period, the market is likely to be driven by rising demand for garments from the fashion industry, as well as the rise of e-commerce platforms. The textile industry is based on three main principles: developing, manufacturing, and distributing various flexible materials like yarn and clothes. Knitting, crocheting, weaving, and other methods are commonly employed to produce a wide range of completed and semi-finished goods in the bedding, clothing, apparel, medical, and other accessory industries. In the Indian manufacturing industry, the textile industry is at the top of the food chain. It was anticipated to contribute 14% to industrial output, 4% to GDP, and around 11% to India's export revenues. Furthermore, it employs over 35 million people directly and is the country's second largest employer. Its direct ties to the rural economy, which rely on fibre crops, are also strongly tied to a variety of crafts, including as those involving cotton, wood, and silk, and handlooms, which employ millions of farmers and craftsmen in rural and semi-urban areas. In a global context, the industry accounts for 61 percent of loomage, 22 percent of spindleage, 12 percent of textile fibres and yarn output, and 25 percent of total world cotton yarn trade. Few Indian Major Players 1. Aarti International Ltd. 2. Bhuvaneshwari Textiles Pvt. Ltd. 3. C T Cotton Yarn Ltd. 4. Dumraon Textiles Ltd. 5. Durairaj Mills Ltd. 6. Emmay Logistics (India) Pvt. Ltd. 7. Eurotex Industries & Exports Ltd.
Plant capacity: 30s Combed Cotton Yarn: 20.8 MT Per Day | Cotton Waste Comber Noil: 3.3 MT Per Day | Cotton Waste Carding: 2 MT Per DayPlant & machinery: 59 Cr
Working capital: -T.C.I: Cost of Project: Rs. 82.94 Cr
Return: 26.00%Break even: 45.00%
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Setting a Profitable Business of Edible Oil Refinery (Soya & Palm)

Fruits, plants, and animals are all sources of edible oil. It is used in the preparation of a variety of dishes. Soybean, palm, rapeseed, and sunflower oils are popular with purchasers among the many varieties of edible oils available commercially. Because of the growing popularity of crude, natural, healthy, and organic vegetable oils, the edible oil industry is expected to increase significantly in the future years. Low-fat, low-cholesterol, and low-calorie vegetable oils are expected to increase rapidly as people throughout the world become more health conscious. Edible oils are primarily used in cooking, however oils such as coconut oil, almond oil, and peanut oil are occasionally used in personal care products such as hair oils and soaps. Almond oil is also ideal for producing hard candies. It's perfect for candy centres, fondants, frostings, and fudges. Chocolate and chocolate coatings can be made using this flavour. Vegetable oils are also mixed into animal feed to boost their nutritional intake and fatten them up. Edible oil can be used to make bio-diesel, lubricants, solvents, and emulsions on a modest scale. The oil palm, Elaeisguineensis, is an African native. The oil derived from the mesocarp of the fruit - palm oil - and the kernel of the nut - palm kernel oil - are the major economic assets of this crop. In fact, the oil palm is the only fruit capable of producing both types of oil. Both are edible oils, but their chemical composition, physical qualities, and applications are vastly different. Palm oil is primarily used in the kitchen in the form of cooking oil, margarine, and shortening, but it also has non-food uses in the form of soap, detergent, and cosmetics. Soybean Oil: Soybean oil is high in linoleic and linolenic acid, two important fatty acids. These polyunsaturated fatty acids lower serum cholesterol through reducing lipoprotein (LDL) synthesis and promoting lipoprotein breakdown, as well as by the impact of linolenic acid. Linolenic acid lowers plaque development and thrombosis via boosting prostaglandin E3 production and lowering platelet aggregation. Edible oil is a type of cooking oil made from the fat of plants, animals, or microbes. At room temperature, edible oils are liquid and safe to consume. Triacylglycerides make up 96 percent of edible oils. Edible oils include ghee, mustard oil, sunflower oil, olive oil, rice brown oil, groundnut oil, soya oil, and palm oil, to name a few. Edible oils include trace levels of antioxidants that keep them from oxidising. Antioxidants are also added to edible oils to extend their shelf life. Antioxidants must, however, be provided in adequate amounts. The global demand for edible oils is expected to reach its peak due to increased awareness and appeal of unprocessed, non-refined, nutritious organic oils. The need for edible oils is being driven by the increased demand for omega 3 acid in foods. Due to a solid supply chain of edible oil products, the retail segment will further broaden the scope of growth for the edible oils market. More attractive growth prospects for the edible oils business will be created as personal disposable income rises. The global edible oil market is expected to increase at a CAGR of 3.57 percent from USD96.878 billion in 2019 to USD119.571 billion by the end of 2025, from a market size of USD96.878 billion in 2019. Because of the growing popularity of unrefined, unprocessed, nutritious, and organic oil, the worldwide edible oil industry is expected to develop significantly. Due to increased health consciousness among people all over the world, vegetable oils with minimal cholesterol, fat, and calories are anticipated to acquire a lot of traction in the future years. Furthermore, considerable improvements in the retail network, rising agricultural yields, oil output, and expanding economies are some of the primary factors driving the global edible oil industry forward. Few Indian Major Players 1. Adani Wilmar Ltd. 2. Betul Oil Ltd. 3. Divya Jyoti Inds. Ltd. 4. Edible Products (India) Ltd. 5. G-One Agro Products Ltd. 6. Hindustan Vegetable Oils Corpn. Ltd. 7. Itarsi Oils & Flours Pvt. Ltd.
Plant capacity: Refined Palm Oil: 50 MT Per Day | Refined Soya Oil: 50 MT Per Day Plant & machinery: 7 Cr
Working capital: -T.C.I: Cost of Project: Rs. 36.14 Cr
Return: 27.00%Break even: 45.00%
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Start Manufacturing of Aluminium Ingots from Aluminium Scrap

Aluminum is a light-weight silver-white metallic element that accounts for about 7% of the earth's crust. Steel (7480-8000 Kg/cubic metre) and copper (8930 Kg/cubic metre) weigh about a third as much. Aluminum is malleable, ductile, and easy to cast, with good corrosion resistance and durability. It is mined as bauxite ore and occurs predominantly as alumina when combined with oxygen. India possesses about 10% of the world's bauxite reserves and a bauxite-dependent aluminium industry. Demand is predicted to increase by 8-10% in the domestic market. India is estimated to have a capacity of 1.7 to 2 million tonnes of aluminium installed by 2020. Blooms, billets, and slabs are smaller casting results, whereas ingots are larger and more shaped. The cross section of an ingot is usually rectangular or square, but it is not required to be uniform across its length. (The cross section of the ingot may vary.) India's share of the global aluminium market is expected to be around 3%. After Australia (62 million tonnes), Guinea (17.50 million tonnes), Brazil (16.20 million tonnes), and China, India ranks fifth in bauxite output (10.75 mntonnes). With a total output of 9.25 million tonnes, India contributes around 6% of the world's total production of 159 million tonnes. India ranks sixth in reserves base, ahead of China with 2300 million tonnes. With a total output of 3 mntonnes, India ranked sixth in alumina production, accounting for approximately 5% of global production of 61 mntonnes. Aluminium is used in a wide range of applications, from aeroplane construction to packaging, with the electrical industry being a major consumer. The two sectors that account for more than half of the overall offtake are electricity and transportation. Power, transportation, consumer durables, packaging, and construction are the most important consumer industries in India. Power is the largest consumer (about 44% of total), followed by infrastructure (17%) and transportation (13%). (about 10 percent to 12 percent). Over the next five years, India's aluminium industry is expected to see a significant increase in demand. To add additional value to their downstream product portfolios, major companies are increasing large capacity and investing in new technology. This is being done to capitalise on rising demand in the building and construction sector, as well as transportation (metro and high-speed railway coaches), electrical and electronic consumer durables, and next-generation applications such as solar reflectors. Aluminum is also employed in the defence sector to make naval ships and surveillance drones. Few Indian Major Players 1. Aravali Infrapower Ltd. 2. Baheti Metal & Ferro Alloys Ltd. 3. Bothra Metals & Alloys Ltd. 4. Gravita India Ltd. 5. Indo Alusys Inds. Ltd. 6. Namo Alloys Pvt. Ltd. 7. Nealex Alloys Pvt. Ltd. 8. Perfect Alloys & Steel Ltd.
Plant capacity: Aluminium Alloy Ingots: 14 MT per day | Aluminium Scrap: 0.23 MT per dayPlant & machinery: 7 Cr
Working capital: -T.C.I: Cost of Project:Rs. 33.15 Cr
Return: 1.00%Break even: N/A
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