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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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How to Start Undergarments (EOU) Manufacturing Industry | A Complete Business Plan on Men’s Undergarments Manufacturing

Men’s underwear is a form of close-fitting underwear worn by men. Men's undergarments are usually made of cloth, and intended to be durable, protective, fashionable and absorbent. They serve many purposes, ranging from support and protection for various parts of the body to enhancing male physical attributes as desired for erotic purposes. Men have been wearing some form of undergarment since prehistoric times, and all cultures have developed their own types and styles. In Western culture, men normally wear briefs or boxer shorts (informal), or boxer briefs (more formal). More recently, tighter-fitting jockstraps (also called supporter shorts) have become popular among adolescent boys in school locker rooms. Visit this Page for More Information: Start a Business in Readymade Garments Industry Uses of Men’s Undergarments Better Absorption: By wearing Men’s Undergarment (EOU), one can assure complete freedom from wetness and discomfort due to chafing during activities like workouts or when practicing sports activities. Thus, Men’s Undergarment (EOU) help in better absorption of sweat by keeping your skin dry. Related Project Report: Production Industry of Men’s Undergarment (EOU) Convenience: Wearing Men’s Undergarment (EOU) is convenient, especially for those who prefer exercising without shorts on. Since it provides a barrier between your skin and your pants, Men’s Undergarment (EOU) makes you feel more comfortable and less restricted during activities like sports and workouts. Health Benefits: Wearing Men’s Undergarment (EOU) also helps in keeping one safe from any infections that can be caused due to sweat by absorbing it better compared to plain pants or briefs. They keep your private parts free from rashes and infection caused by bacteria, and thus, help you stay healthy and fit. Read Similar Articles: Industry: Textile Industry Cost-Effective: Buying Men’s Undergarment (EOU) is extremely cost-effective because of its low maintenance cost as well as its ability to last for a long time without wearing out easily. Men’s Undergarment (EOU) can be washed and used again and again, unlike many other clothing items that need frequent replacement due to constant wear and tear. This makes Men’s Undergarment (EOU) an inexpensive way of dressing up, compared to buying new clothes regularly. Variety: Men’s Undergarment (EOU) are available in different materials, styles and designs which help them cater to all kinds of preferences. For instance, you can find Men’s Undergarment (EOU) made from cotton lycra blends or microfiber fabrics which are lightweight while also being soft against your skin; they are also ideal for people who tend to get irritated by common fabrics like cotton or polyester. Watch Video: Cutting a pattern and generating cloth mock-ups are the first steps in the Men's Underwear manufacturing process. Patterns are composed of paper and are used to make all fitting components, such as tops, bottoms, inserts, and special things like belts and ties. Fabric mock-ups are made by folding or cutting out paper patterns on fabric to get a general concept of how an item will look once it is finished. After all of the elements from the mock-up have been cut out, they can be put together to make a working garment. Related Feasibility Study Reports: Readymade Garments, Textile & Textile Auxiliaries, Hosiery, Spinning, Jeans and Under Garments Hand or machine stitching is an option. Any openings are sewed shut with either manual sewing (with needles) or machine sewing when the stitching is finished (using specialised equipment). Garments can be put together with zippers, snaps, and buttons in addition to stitching. Assembly is completed by trimming surplus material. Before being distributed to retailers or wholesalers, finished clothing are inspected for flaws. Read our Books Here: Textile Spinning, Processing, Natural Fibers, Natural Dyes, Pigments, Textile Dyes, Pigments, Dye Intermediates, Woollen Spinning, Weaving, Knitting, Dyeing Technology Market Outlook The global men’s underwear market size is expected to register a CAGR of 5.3% from 2019 to 2025. Increasing awareness about health, best fit, and personal hygiene coupled with growing millennials population is expected to drive the growth. Increasing availability of a wide range of products and designs suitable for various purposes including sports, regular wear, and functional wear among other is anticipated to further fuel the product demand. Watch other Informative Videos: Textile Industry Improving fashion trends, increasing disposable income, and changing consumer lifestyle and preferences are expected to boost the market growth. Increasing concern regarding the fabric used for manufacturing underwear is one of the major factors driving the market. Availability of products in a variety of fabrics such as cotton, polyester, nylon, rayon, silk, and cotton blends is driving the product demand. Manufactures focus on intimate product designs and patterns such as thongs, C-string, tanga, and jockstraps among others to cater to a larger consumer base. See More Links: Start a Business in Asia Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects Related Market Research Reports
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Business Plan for Setting up Medical College with Hospital

A medical college is designed to provide students with medical education in order to qualify them as doctors in several specialised areas so that they can treat patients suffering from various illnesses. Doctors, with their determined spirit, serve the nation as a whole by giving medication and treatment for the eradication of diseases that rob people of their health and cause them to suffer. Medical College means an institution, whether known as such or by another name, that offers a programme beyond 12 years of schooling for obtaining a recognised MBBS qualification from a university and that is recognised as competent to offer such programmes of study and present students enrolled in such programmes of study for the examination for the award of a recognised MBBS/PG Degree/Diploma from such university, in accordance with the rules and regulations of such university. A hospital is a health-care agency that provides preventive, curative/ameliorative, palliative, or rehabilitative treatments, according to various definitions. Hospitals nowadays also include bio-social research, teaching and training facilities for all hospital employees, and a health team that comprises not only doctors and nurses, but also para-professionals, paramedical staff, pharmacists, and other healthcare professionals. Increased negligence by these institutions' doctors, as well as overpopulation, provided a chance for private hospitals to thrive. A growing number of private hospitals have opened, offering everything from E.C.G.S. to X-Rays to Laboratories, as well as 24-hour emergency and admission services for sick people, badly injured people, and pregnant women. Because one's life is deemed to be much more expensive and bills for treatment can be overlooked, middle and upper-class families began to prefer these private hospitals and nursing homes. The sector of colleges and universities is predicted to increase steadily. High unemployment and difficult economic situations prompted more people to pursue higher education in order to improve their job market competitiveness; the consistent rise in high school retention rates also boosted college enrolment. Industry revenue is expected to grow over the next five years, according to IBIS World, due to consistent demand for higher education. The Indian healthcare business, which is one of the fastest expanding, is predicted to increase at a CAGR of 22.87 percent from 2015 to 2021, reaching USD280 billion. In India, there is a lot of room to expand healthcare services penetration, which means the healthcare industry has a lot of room to grow. India is a land brimming with prospects for medical device companies. With massive capital investment in advanced diagnostic facilities, the country has also become one of the main destinations for high-end diagnostic services, catering to a larger part of the population. Furthermore, Indian medical service consumers have become more aware of the need of maintaining their health. The Indian healthcare industry is extremely diverse, with potential in every segment, including providers, payers, and medical technology. Businesses are looking for the latest dynamics and trends that will have a favourable impact on their business as the competition grows. The hospital business in India is expected to grow at a CAGR of 16–17 percent from Rs. 4 trillion (US$ 61.79 billion) in FY17 to Rs. 8.6 trillion (US$ 132.84 billion) in FY22. Key Players 1. A V P Research Foundation 2. Aakash Educational Services Ltd. 3. Adani Hospitals Mundra Pvt. Ltd. 4. Apple Hospitals & Research Institute Ltd. 5. Artemis Medical Institute & Hospitals Pvt. Ltd.
Plant capacity: 150 Students Admitted per Annum 100 Bedded HospitalPlant & machinery: 14.55 Cr
Working capital: -T.C.I: Cost of Project: 73.05 Cr
Return: 31.00%Break even: 49.00%
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Sodium Hydrosulphite Manufacturing Business

The chemical substance sodium hydrosulfite, commonly known as sodium dithionite or sodium hydrosulfide, has the formula NaHSO2. The chemical is the sodium salt of hydrosulfuric acid, consisting of sodium ions linked to two sulphur dioxide molecules. It's utilised in chemical operations as an oxygen scavenger, as well as in the filtration of drinking water and wastewater. Sodium hydrosulfite is also frequently used as a food additive in beer, salt, and egg powder, as well as in the synthesis of anhydrous sodium sulphate for leather components and as a water treatment agent. It's also utilised in the production of sulfuric acid and other compounds. Gray or white crystal irregular cube or block that is soluble in water but only marginally soluble in ethanol or methanol. Because sodium hydrosulfite is a strong reducing agent and can effectively react with the colours in the pulp, it is also particularly successful in bleaching recycled pulp. Furthermore, most recycled furniture contains mechanical pulps that can be bleached using sodium hydrosulfite. The sodium hydrosulfite bleaching conditions for recycled pulp are fairly similar to those for mechanical pulps. If the supply, such as mixed office waste, contains primarily chemical pulps, a hydrosulfite (Y) stage at a significantly higher temperature, 80–100°C and a pH of 7.0, could result in significant brightness gain. • It is widely used in the textile industry for vat dyeing, reduction cleaning, printing and stripping, and textile bleaching. • It is also used in bleaching paper pulps, particularly mechanical pulps; it is the most suitable bleaching agent in pulps. • It is used in bleaching kaolin clay, fur bleaching and reductive whitening, bleaching of bamboo products and straw products. Up to 2024, the market for sodium hydrosulfite is expected to develop at a CAGR of over 4%. Because of its widespread use as a reductive bleaching agent for pulp in the paper production process, the global sodium hydrosulfite market will rise through 2024, owing to increased paper product demand in Asia Pacific. Consumer confidence is rising, as is disposable money, and customers' desire to keep up with the latest fashion trends, to name a few main drivers fueling the textile market's expansion. Key Players 1. Demosha Chemicals Pvt. Ltd. 2. Gulshan Chemicals Pvt. Ltd. 3. Kanoria Chemicals & Inds. Ltd. 4. Orchid Pharma Ltd. 5. Shankar Lal Rampal Dye-Chem Ltd.
Plant capacity: 60.0 MT per DayPlant & machinery: 280 Lakh
Working capital: -T.C.I: Cost of Project: 934 Lakh
Return: 29.00%Break even: 58.00%
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Investment Opportunities in Production of Granulated Fertilizers

Fertilizers are crucial in agriculture because they include a variety of minerals, including nitrogen, phosphorous, and potassium. Fertilizers, like all minerals, go through a series of stages before they reach their final, usable state. As part of the value chain, granulation is a method that improves particle size, reduces loss, and assures more precision in fertiliser field applications. Granular fertiliser, often known as dry fertiliser, is a type of fertiliser that comes in the form of dry pellets rather than spikes, liquid, or powder. Most garden stores stock a variety of granular fertilisers, as well as a variety of formulations that are tailored to certain soil conditions. NPK fertilisers are made up of three parts: nitrogen, phosphorus, and potassium. The NPK rating system is a way of describing how much nitrogen, phosphorous, and potassium are in a fertiliser. NPK ratings are three digits separated by dashes that describe the chemical content of fertilisers (e.g., 10-10-10 or 16-4-8) The first number, N, represents the percentage of nitrogen in the product; the second, P2O5, represents the percentage of potassium in the product; and the third, K2O, reflects the percentage of potassium in the product. Slow-release fertilisers make up the majority of granular fertilisers. They can come in the shape of pellets or coarse powders, and each watering is supposed to break them down slowly over months. Apply granular fertilisers to the planting hole according to the guidelines before backfilling the soil and planting. It can also be used as a top treatment on already-established plants, though the results will be less effective than when administered before planting. You should consider utilising granular fertilisers with each new planting (except cacti or succulents which require low nitrogen and high minerals instead). Organic granular fertilisers with a nearly balanced analysis, such as MicroLife Multi-Purpose 6-2-4 and Fox Farm All Purpose 6-4-5, would sufficient for the majority of plants; these products are versatile and provide consistent nutrition for any plant, turf grass, or tree. If you're planting heavy-feeding plants like tomatoes, fruit trees, peppers, or most other edibles, you can use a granular product with a higher nitrogen content. Fertilizers were critical to India's green revolution achievement and subsequent self-sufficiency in food grain production. The increased use of fertiliser has made a substantial contribution to the country's ability to produce food grains in a sustainable manner. As a result, over the last few years, the demand for fertilisers has increased by double digits. In 2020, the Indian fertiliser market will be worth INR 887 billion. From 2021 to 2026, the market is expected to increase at a CAGR of 5.5 percent. The NPK Fertilizer market is predicted to increase at a CAGR of 2.8 percent between 2021 and 2026, from 41080 million USD in 2020 to 49950 million USD by the end of 2026. Because of the government's support of more sustainable usage and better management of natural resources, organic fertilisers for diverse crops have grown in popularity. The use of organic products will also help to prevent pollution. Over the last few years, the number of local makers of organic fertilisers has expanded in order to feed the vegetable and fruit agricultural areas. Organic fertilisers reinforced with chemical fertilisers have lately been introduced to the plantation crop market. Key Players 1. Basant Agro Tech (India) Ltd. 2. Coromandel International Ltd. 3. Deccan Sales Corpn. Ltd. 4. Deogiri Fertilisers Ltd. 5. Fertilisers & Chemicals, Travancore Ltd. 6. Indian Farmers Fertiliser Co-Op. Ltd.
Plant capacity: 200 MT per DayPlant & machinery: 436 Lakh
Working capital: -T.C.I: Cost of Project:1954 Lakh
Return: 29.00%Break even: 50.00%
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A Comprehensive Business Plan on Lithium Ion Battery (LiFePO4) Production

A lithium iron phosphate (LFP) battery is a form of lithium-ion battery that, when compared to other types of batteries, can charge and discharge at rapid speeds. It's a rechargeable battery whose cathode material is LiFePO4; hence the name. Lithium ferrophosphate (LFP) batteries are a type of lithium iron phosphate (LFP) battery. The main difference between lithium iron phosphate batteries and other lithium-ion batteries is that LFP can deliver a steady voltage and has a larger charge cycle, ranging from 2000 to 3000 cycles. LFP batteries are safe for the environment and architecturally sound. They have a low discharge rate and a low energy density. They don't get hot easily and stay cold compared to other batteries. The battery's composition protects it from thermal runaway, so it's regarded safe for residential usage. In the event of mismanagement during charge or discharge, lithium phosphate cells are incombustible; they are more stable under overcharge or short circuit situations, and they can sustain high temperatures without degrading. The phosphate-based cathode material will not burn and will not cause thermal runaway if abused. The chemistry of phosphorus also has a longer cycle life. Uses • Buses, electric automobiles, tour buses, hybrid vehicles, and other attractions are examples of large electric vehicles. • Electric cycles, golf carts, compact cars, forklifts, electric vehicle cleaning wheelchairs, and other light electric vehicles • Lawn movers, electric saws, and electric drills are all examples of power tools. • Remote-control toys, such as vehicles, boats, and planes • Solar and wind energy storage systems. • Emergency lights, warning lights, UPS, miner's lamp, etc. • Medical equipment and devices that are small and portable. The lithium ion battery market is estimated to increase at a CAGR of 12.6 percent from 2020 to 2027, reaching USD 3,203.01 million by 2027. The market is expanding due to the growing demand for lithium ion batteries in medical devices. Lithium ions flow from the negative electrode to the positive electrode through the electrolyte during charging and backwards during discharging in a lithium ion battery. These rechargeable batteries are widely utilised in consumer electronics and autos. Cathode, anode, separator, and electrolyte are the four components. Anode aids in the storage and release of lithium ions from the cathode, allowing current to flow through an external circuit. The lithium iron phosphate batteries market is expected to grow at a CAGR of 5.0 percent from an estimated USD 8.3 billion in 2019 to USD 10.6 billion by 2024. The increased focus on electric and hybrid electric vehicles, as well as rising demand for energy storage applications, are responsible for this expansion.
Plant capacity: Lithium Ion (LiFePO4) Battery Back of Power 4.8 KWH (No. of Cells 800) for Three Wheeler: 26 Nos. Per Day Lithium Ion (LiFePO4) Battery Back of Power 18 KWH (No. of Cells 3000) for Four Wheeler: 24 Nos. Per DayPlant & machinery: 3 Cr.
Working capital: -T.C.I: Cost of Project: 10.28 Cr
Return: 32.00%Break even: 57.00%
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Setting up an E-Waste Recycling Plant

Electronic wastes, often known as "e-waste," "e-scrap," or "Waste Electrical and Electronic Equipment," or "WEEE," are surplus, obsolete, defective, or abandoned electrical or electronic devices. Electronic "waste" is defined as any component that is dumped, disposed of, or discarded rather than repurposed, and includes leftovers from reuse and recycling activities. Because a variety of surplus electronics are regularly delivered (good, recyclable, and non-recyclable), some public policy activists refer to all surplus electronics as "e-waste." WEEE has been identified as one of the fastest growing sources of waste, with an estimated annual growth rate of 16-28%. A complex set of heterogeneous secondary wastes is formed within each area. Despite the fact that treatment requirements are complex, the sources from each sector have several commonalities. Electrical and electronic equipment is made up of a variety of components, some of which include dangerous compounds that, if not handled appropriately, can have a negative influence on human health and the environment. These dangers are frequently caused by inefficient recycling and disposal methods. Carcinogens such as lead, barium, phosphor, and other heavy metals are abundant in Cathode Ray Tubes (CRTs). The global e-waste management market is anticipated to reach $49.4 billion by 2020, growing at a CAGR of 23.5 percent from 2014 to 2020. It is one of the most rapidly rising waste streams in both developing and industrialised countries. Electrical, electronic, and consumer electronic gadgets have shorter life lives, resulting in a considerable amount of E-Waste, which is expanding at a rapid rate every year. The growing need to upgrade to the latest technology is fueling the expansion of the E-Waste industry. The desire to adopt new technologically advanced equipment results in the development of millions of tonnes of E-Waste in various parts of the world. According to a UN project to assess E-Waste generation, the world created around 50 million tonnes of E-Waste in 2012, averaging 15 pounds per person globally. Government agencies in many locations are taking E-Waste management activities to limit the amount of E-Waste generated around the world. Market participants are taking steps to recycle E-Waste in order to reduce pollution and environmental risks associated with it. Key Players 1. E-Parisaraa Pvt. Ltd. 2. Ecocentric Management Pvt. Ltd. 3. Greenscape Eco Mgmt. Pvt. Ltd. 4. Navrachna Recycling Pvt. Ltd. 5. Sims Recycling Solutions India Pvt. Ltd.
Plant capacity: Plastic: 1.60 MT per day | Ferrous Material: 1.00 MT per day | Aluminium: 0.70 MT per day | Glass: 1.00 MT per day | Copper: 0.70 MT per dayPlant & machinery: 86 Lakh
Working capital: -T.C.I: Cost of Project: 314 Lakh
Return: 27.00%Break even: 60.00%
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Feasibility Study of Epoxy Resin (Liquid) Production

Epoxy resin is a reactive pre-polymer and polymer that contains epoxide groups. These resins react either with themselves or with a variety of co-reactants such as amines, phenols, and thiols in the presence of catalysts. Epoxy resin outperforms other types of resins in terms of shrinkage during cure and moisture and chemical resistance. It has a long shelf life and is impact resistant. It also has outstanding electrical and insulating qualities. Epichlorohydrin (ECH) and bisphenol a are used to make the most popular epoxy resins. The most extensively used resins are those based on bisphenol A. Epoxy resins with molecular weights ranging from low molecular weight liquids to high molecular weight solids can be produced depending on the quantity of Epichlorohydrin to bisphenol-A used in the manufacturing process. Epoxy resin is widely used in the following industries: 1. Metal coatings 2. Electronic and electrical components 3. Fibre-reinforced plastic materials 4. Structural adhesives 5. Paints 6. Sealants 7. Casting Industry The use of epoxy resin for adhesive purposes is one of the most popular applications. Because of the epoxy's strong characteristics, it can be used for structural and engineering adhesives. Epoxy resins are also utilised in anti-corrosion coatings and adhesive applications, which are particularly successful at replacing or supplementing heavier bonding methods such as mechanical fasteners. In industrial coatings, epoxy resins are utilised as a binder (primers). They offer the paint exceptional adherence as well as chemical (corrosion) and physical resistance, which is required on ships and chemical storage tanks, for example. Epoxy Resin has unique adhesive features such as durability, strength, and chemical resistance, making it a robust sealer. It will resist abrasions as well as oil and other liquids when the components are combined together and sprayed on materials like concrete or wood. The global Epoxy Resin market is expected to increase at a CAGR of 5.85 percent during the next five years. Epoxy resins have more than one epoxy group per molecule and are thermosetting resins with appropriate cross-linking agents for increased reactivity. Epoxy resins are regarded as the most important raw material used in many chemical formulations. Epoxy resins' favourable qualities, such as high thermal stability, mechanical strength, moisture resistance, adhesion, and heat resistance, make them the resin of choice for a variety of end-user applications, such as laminates and insulators. Transportation, marine coatings, aerospace, electrical & electronic laminates, composites, and decorative powder coatings, all of which are growing end-use industries in Asia Pacific, are likely to have a favourable impact on the global market. Increased research efforts by key players, combined with technological advancements in the field of modified resins, are projected to open up new doors for industrial applications.
Plant capacity: 20 MT Per DayPlant & machinery: 689 Lakh
Working capital: -T.C.I: Cost of Project: 1956 Lakhs
Return: 30.00%Break even: 80.00%
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Start Manufacturing Business of Highway Guard Crash Barrier, Traffic barriers, Highway Safety Guardrail (Roll Forming with Metal Beam and Galvanizing Plant)

Highway Guard Crash Barrier, Metal Beam Traffic barriers, also known as guardrails or guard rails in the United States and crash barriers in the United Kingdom, keep vehicles on the road and prevent them from colliding with dangerous obstacles like boulders, sign supports, trees, bridge abutments, buildings, walls, and large storm drains, as well as traversing steep (non-recoverable) slopes or entering deep water. Before being certified for public use, traffic barriers are subjected to comprehensive simulated and full-scale accident testing to ensure that they are safe and effective. While crash testing cannot simulate every possible type of impact, it is used to evaluate the performance limits of traffic barriers and ensure that road users are adequately protected. Roadside barriers are used to keep cars safe from hazards such as steep slopes that can cause rollover crashes, immovable structures such as bridge piers, and bodies of water. Median barriers are used to keep vehicles from crossing over the median and colliding with oncoming traffic. Bridge barriers keep automobiles from crashing off the edge of a bridge and landing on the road, river, or railroad below. In comparison to most treated steels, it has a low beginning cost. Furthermore, when galvanised steel is delivered, it is instantly ready to use. It does not necessitate further surface preparation, inspections, painting/coatings, etc., saving businesses money. Any damaged steel is shielded by the surrounding zinc coating thanks to the sacrificial anode. Whether the steel piece is entirely exposed or not, the zinc will corrode first. The coating will erode more quickly than the steel, providing a sacrificial layer of protection for the injured areas. With a total length of 5.89 million kilometres, India boasts the world's second largest road network (kms). This road network delivers 64.5 percent of all commodities in the country, and 90% of all passenger traffic in India travels by road. With improved connectivity between cities, towns, and villages around the country, road transportation has gradually increased over time. Between FY16 and FY19, India's highway development increased at a 21.44 percent compound annual growth rate (CAGR). In FY19, 10,855 kilometres of highways were built, with the government aiming to build 12,000 kilometres of national highways in FY20. The National Highways Authority of India (NHAI) completed the highest-ever highway construction of 3,979 kilometres in March 2020. The government set a goal of building roads costing Rs 15 lakh crore (US$ 212.80 billion) in the next two years in April 2020. On account of increased government measures to develop transportation infrastructure in the country, the market for roads and highways is expected to grow at a CAGR of 36.16 percent from 2016 to 2025. Key Players • Alcatel-Lucent India Ltd. • Arcelormittal Nippon Steel India Ltd. • Arcelormittal Projects India Pvt. Ltd. • Arjas Steel Pvt. Ltd. • Bekaert Industries Pvt. Ltd. • Belmaks Solutions Pvt. Ltd.
Plant capacity: Metal Beam Highway Crash Barrier: 200 MT per day | MS Sheet Scrap: 40 MT per dayPlant & machinery: 905 Lakh
Working capital: -T.C.I: Cost of Project: 2973 Lakh
Return: 30.00%Break even: 46.00%
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Lucrative Business Plan for Calcium Sennosides from Senna Leaves Production

Calcium Sennoside is one of the most common substances in multivitamins, health care products, and food additives, and it has a variety of functions in the human body, including bone growth, tooth remineralization, and muscular contraction. It can also be used to make calcium enriched milk powder, calcium fortified beverage powder, and calcium fortified bread, among other functional foods. Calcium sennosides are made via a fermentation method involving many types of industrial yeasts and a variety of basic ingredients. The FDA has approved Calcium Sennoside for the purpose of stimulating bone growth and mineralization, which is notably beneficial to osteoporosis patients. It has become quite popular in the market place as a novel and safe product in the field of bone health. The price of Calcium Sennoside will provide you extra benefits in your production business of this type of product because of its exceptional quality. One of the most well-known herbal remedies is Calcium Sennoside (Senna Extract). Calcium Sennoside is extracted from the leaves of the Senna plant. It's an excellent laxative. It has a subtle bitterness to it. Senna has long been used to treat constipation. Sennosides are glycosides obtained from Senna leaves that contain hydroxyanthracene. They've been utilised as natural, safe, time-tested laxatives in both traditional and modern medical systems. Constipation is treated with sennosides. They can also be used to flush the intestines before to a bowel inspection or surgery. Stimulant laxatives are known as sennosides. They function by maintaining water in the intestines, causing the intestines to move. The global demand for herbal extracts, dietary supplements, and herbal-based beauty aids is increasing as people become more aware of the negative effects of allopathic drugs, as well as the medicinal benefits and therapeutic effects of herbal products. According to the Associated Chambers of Commerce and Sector of India (ASSOCHAM), the herbal business's market size, which is now estimated at Rs. 7,500 crores, will double to Rs. 15,000 crore by 2022, with the industry rising at a compounded annual growth rate of over 20%. India's vast supply of medicinal plants and traditional treasure of knowledge in this domain, according to an ASSOCHAM report on Herbal Industry and Global Market 2015, is deemed quite meagre at the moment. A cursory calculation of the potential suggests that India can produce raw stock worth roughly Rs. 300 billion and easily attain value added products worth around Rs. 150 billion. As a result, India is only able to realise about half of its potential. Surprisingly, both raw materials (herbs) and herbal products have a global market. ASSOCHAM Secretary General D.S. Rawat, who released the findings, said that Ayurvedic Medicines and Dietary Supplements (including health drinks), extracts, Oils and other derivatives, skincare and beauty aids are appropriate niche markets for India to focus on. Key Players • Alchem International Pvt. Ltd. • Indena India Pvt. Ltd. • Kothari Phytochemicals & Inds. Ltd. • Vidya Herbs Pvt. Ltd.
Plant capacity: 400 Kgs per DayPlant & machinery: 291 Lakh
Working capital: -T.C.I: Cost of Project: 607 Lakh
Return: 28.00%Break even: 59.00%
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A Complete Business Plan for Activated Alumina (Spherical Balls) Manufacturing

Activated alumina (Al2O3) is a kind of aluminium oxide with a wide range of industrial applications. Activated alumina has a number of properties that make it useful for a variety of industrial processes. This covers things like strong crush strength, thermal shock resistance, chemical resistance, and more. The potential of activated alumina to operate as an adsorbent, owing to its high porosity and surface area, has propelled it to the forefront of numerous applications. Dehydroxylating aluminium hydroxide in a way that produces a very porous substance produces activated alumina. Al2O3•OH2 can be used to denote the chemical composition. The "activation" that occurs as a result of calcination is referred to as "activated aluminas." Activated alumina is a porous form of aluminium oxide with a large surface area. It has the ability to absorb gases and liquids while maintaining its shape. It functions as a desiccant by adsorbing water and other pollutants; it provides clean water due to its capacity to attract contaminants. In general, activated alumina functions similarly to activated coal, a well-known adsorbent. The adsorption process is influenced by the force field that exists at a solid's surface. Activated alumina has various characteristics that make it suited for the treatment of wastewater treatment plant effluent all over the world, including high adsorption capacity, high surface area, a wide range of functional groups, and a variety of porosity sizes. Activated alumina, like activated carbon, has a large surface area and porosity that allows it to catch and hold a variety of compounds, allowing it to be used as an adsorbent, desiccant, and other applications. The following are some of the most common applications for activated alumina products: • Adsorbents • Desiccant • Catalysts Uses HF alkylation is used to remove fluoride from hydrocarbons. Alumina beads are used to filter low quantities of hydrofluoric acid. For the removal of sulphur from gas streams (Claus catalyst process). Under the right conditions, activated alumina transforms hydrogen sulphide to elemental sulphur. The oil refining sector makes substantial use of this technology. In the manufacturing of polyethylene, as a filtration media. The slurry co-catalyst is filtered out of the polyethylene and trapped in the alumina bead pores in this procedure. The activated alumina market was worth 146.2 million in 2020, and it is expected to increase at an annual rate of 8.2% from 2021 to 2027. Product demand will be bolstered by rising oil and gas output, as well as increased oil and gas exploration operations around the world. Factors such as increased demand for clean water, depleting water supplies, and the construction of new water treatment facilities are driving the market. Dihydroxylation of aluminium hydroxide produces activated alumina, a very porous substance. It's utilised for a variety of things, including catalysts, desiccants, fluoride adsorbents, bioceramics, and more. Market growth in Asia Pacific is predicted to be boosted by rising population and rapid economic expansion. Over the projected period, government initiatives such as the introduction of various projects for the regular supply and treatment of water are expected to drive product demand. The use of products in the purification of lithium is becoming more prevalent. Ceramics, glass, batteries, lubricating greases, and air treatment applications all employ lithium. Key Players • Acuro Organics Ltd. • Jyoti Ceramic Inds. Pvt. Ltd. • Synco Industries Ltd.
Plant capacity: 6 MT Per DayPlant & machinery: 97 lakh
Working capital: -T.C.I: Cost of Project: 230 Lakh
Return: 17.00%Break even: 78.00%
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • 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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