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

Agriculture & Horticulture: Project Opportunities in Jammu & Kashmir

 

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

Paddy, wheat and maize are the major crops of Jammu & Kashmir. Barley, bajra and jowar are cultivated in few parts. Gram is grown in Ladakh. The horticulture industry in Kashmir has become the safeguard of rural economy in the State, providing job facilities to the thousands of people directly and indirectly. The major horticulture items are apple, pear, cherry, walnut, almond, peaches, saffron, apricot, strawberry and plum. About 80 per cent population of the State depends on agriculture. The area under orchards is 242 lakh hectares. The State produces fruit worth Rs 2,000 crore annually including export of walnuts worth Rs. 120 crore. Jammu and Kashmir State has been declared as Agri Export Zone for apple and walnuts. Market Intervention Scheme has also been launched for improving quality fruit for export by ensuing proper grading.

The State is suitable for growing variety of flowers since it has perfect agro-climatic conditions. The floriculture industry in the State offers a good source of supply to the domestic and international market. There is potential for this activity to be propagated on a commercial basis.

GOVERNMENT POLICIES:

In India, agricultural trade policy is a part of a larger food and agriculture policy regime that seeks to maintain food self-sufficiency while providing income support to the agricultural sector and poor consumers. The Government of India (GOI) uses a variety of policy instruments in attempting to achieve these goals, including:

•        Domestic subsidies to inputs, outputs, transportation, storage, and consumption to reduce producer costs and consumer prices

•        Border measures such as subsidies, tariffs, quotas, and non-tariff measures to protect domestic producers from import competition, manage domestic price levels, and guarantee domestic supply.

Handicraft: Project Opportunities in Jammu & Kashmir

PROFILE:

India is one of the important suppliers of handicrafts to the world market.  The Indian handicrafts industry is highly labour intensive cottage based industry and decentralized, being spread all over the country in rural and urban areas.  Paintings, furniture, sculptures, artificial jewellery, animal figures, figurines of deities and idols, baskets, and many more items have been complimented as the pride of India. The Handicrafts Sector plays a significant & important role in the country’s economy.

RESOURCES:

Handicraft is the traditional industry of the State and has been of crucial importance given its large employment and export potential. Some of the items of industry are papier-mache, woodcarving, carpets, shawl making, embroidery etc. The handicrafts industry, particularly the carpet industry, has been a source of substantial foreign exchange. It provides employment to about 3.40 lakh artisans. The number of industrial units has also gone up. Jammu has Urban Haats, while a similar Haat is being commissioned in Srinagar. An Export Promotion Industrial Park has been established at Kartholi, Jammu. A similar Park is being set up at Ompora, Budgam. A pashmina dehairing project assisted by the United Nations Development Programme (UNDP) is coming up in the Leh industrial estate of the State.

GOVERNMENT POLICIES:

During the Xth Plan the Government of India has implemented seven generic schemes in the central sector for holistic growth and development of handicrafts sector in the country.  The Sub-Group on handicrafts recommended six generic schemes for development of handicrafts in the country to be implemented during the 11th five year plan. The schemes recommended for implementation during 11th five year plan are as under:

Baba Saheb Ambedkar Hastshilp Vikas Yojana: This scheme aims to promote Indian handicrafts by developing artisans’ clusters into professionally managed and self-reliant community enterprise on the principles of effective member participation and mutual cooperation.  The thrust of the scheme is on a project based, need based integrated approach for sustainable development of handicrafts through participation of crafts persons. 

 

Livestock: Project Opportunities in Jammu & Kashmir

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. 70% of livestock market in India is owned by 67% of small, marginal farmers and by the landless. 60% of livestock farming labor is provided by women and more than 90% of work related to care of animals is rendered by womenfolk of the family. Indian Livestock is reared in close human proximity where they form component of the life system of the people. Cows, buffaloes, bullocks, mule and donkeys are not just utility animals, but also companions at work for the toiling poor who rear them alongside their own dwelling. India has 53% of world Buffalo population and 15% of world Cattle population. In terms of sheep population, India ranks fifth after Australia, China, Iran and New Zealand.

RESOURCES:

In Jammu and Kashmir, animal husbandry plays a significant role as 0.13 per cent of gross domestic product (GDP) of the state is contributed by this sector. The state has a precious wealth of livestock in form of cattle-buffalo, sheep, goats, poultry, etc. The cattle and poultry amongst all the livestock are considered the most important tool for the development of the rural economy. The production of pashmina shawls and other animal products like carpets, shawls and blankets of Kashmir earn handsome foreign exchange for the nation. Therefore livestock industry in the state has vast scope for development rendering quick economic returns.

GOVERNMENT POLICIES:

The Indian government has collaboration and policies to provide guidance for a more holistic planning, implementation and monitoring of animal husbandry projects. Following plans have also been made:

•        Also, the government has planned to assure a sound Natural Resource Management (NRM) Sphere co-ordination and implementation at country level for SDC.

•        Create / enhance synergy between the activities of the Livestock production and Dairying (LPD) and Sustainable Land Use (SLU) sectors

•        Enlarge the scope for new and innovative interventions and for support to technical development and technology transfer.

•        Promote and support validation, documentation and dissemination of experiences in order to contribute to the process of knowledge management in SDC and Inter cooperation (IC) and to strengthen inputs for policy and strategic dialogue with partners and actors in the NRM Sphere

 

Tourism: Project Opportunities in Jammu & Kashmir

 

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:

Jammu and Kashmir is known as crown of India, adheres varieties of cultural, religious spots, adventure and sightseeing activities. It is famous for its towering snow clad mountains, bubbling streams, transparent and sparkling lakes, flower meadows, colourful orchards and rare fauna. All such features of Jammu and Kashmir have always attracted numerous tourists from all over the world. Tourism has emerged as an important and one of the major contributors to the State's economy. There are various places of tourist attraction in the State which are being visited by both foreign and domestic tourists. Kashmir Valley is described as the paradise on earth. Chashmashahi springs, Shalimar Bagh, Dal Lake, Dachigam, Gulmarg, Pahalgam, Sonamarg and Amarnath shrine in the Valley, Vaishnodevi shrine and Patnitop near Jammu and Buddhist monasteries in Ladakh are important tourist destinations. Ladakh festival in September and Sindhu Darshan in June are popular events. However, efforts are being made to support houseboat owners and develop village tourism in Jammu and Kashmir.

 

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.

Sericulture: Project Opportunities in Jammu & Kashmir

PROFILE:

Sericulture, the technique of silk production, is an agro-industry, playing an eminent role in the rural economy of India. Silk-fibre is a protein produced from the silk-glands of silkworms. Of the total production of 2,969 tonnes of silk in India, as much as 2,445 tonnes is produced by the mulberry silkworms, Bombyx mori. India is the second largest producer of raw silk after China and the biggest consumer of raw silk and silk fabrics. An analysis of trends in international silk production suggests that sericulture has better prospects for growth in the developing countries rather than in the advanced countries.

RESOURCES:

Kashmir has been famous for its silk production since ancient past. Rajtrangni of Kalhana, Mahabharata and Ramayana establish that the sericulture was being practised in Kashmir from times immemorial.  Jammu and Kashmir produces the best quality Bivoltine Mulberry silk in the country due to its longer length better strength and shine mainly because of conducive climatic conditions. However out of total production of cocoons every year only 20-25% is being consumed within the State and the rest is exported. The estimated production of raw silk yarn is 92000 kg annually. As against this the State is importing spun silk as an item of raw material for different manufactures without clicking our conscience that the better silk could have been exported to others besides catering to the needs of the home industry.

GOVERNMENT POLICIES:

There are several centrally sponsored schemes for promotion and development of sericulture sector, through which Government of India has been undertaking different activities like:

 

•        creation of sericulture related infrastructure;

•        development of nurseries and farms;

•        expanding plantation areas;

•        providing technical know-how to the rearers in production and marketing of cocoons;

•        skill up-gradation and training programme, etc.

 

Fisheries: Project Opportunities in Jammu & Kashmir

PROFILE:

Fisheries sector occupies a very important place in socio-economic development in India. It has been recognized as a powerful income and employment generatoras it stimulates growth of a number of subsidiary industries and is a source of cheap and nutritious besides being a foreign exchange earner.

RESOURCES:

The State of J&K has a unique topography which divides the State in to 3 distinct agro climatic zones viz. the tropical Jammu Division, the temperate Kashmir Valley and the cold arid zone of Ladakh. The State is bestowed with the natural water resources spread over an area of about 0.40 lacs hectares existing in the shape of cold water torrential streams, Lakes, Rivers, Sars, Springs, Reservoirs besides about 250 high altitude Lakes. While the Jammu Division offers potential for development of Warm Water Fisheries, certain areas in the Districts of Kathua, Udhampur, Doda, Rajouri and Poonch also offer potential for the development of Cold water Fisheries and Mahaseer Fisheries. The Kashmir Valley including Ladakh region offers great potential for development of Cold Water Fisheries and the indigenous Icthyofauna.

GOVERNMENT POLICIES:

During the 10th Five Year Plan, emphasis was laid on the strengthening of the infrastructure existing in the shape of Fish Farms, Hatcheries, and other allied infrastructure. The Department has achieved break-through in cold water Fisheries and Food Fisheries. Fish Farming has been successfully introduced in the private sector under the Hon’ble Prime Minister’s Package and in this direction 454 units have been set up to provide employment avenues to the educated unemployed rural youth. During the Annual Plan 2009-10, the department has identified major thrust areas for overall development of fisheries in the State.

These include:-

i.        The existing infrastructure will be further strengthened. Under this programme, emphasis will be laid to increase the hatching and rearing capacity of existing Fish Farms and Trout Hatcheries.

ii.       Development of Recreational Fisheries by way of setting up of an Aquarium at Srinagar and completion of phase 2nd of Aquarium cum Awareness centre at Bagh-i-Bahu Jammu.

iii.      Extensive survey of areas especially in newly created districts will be conducted for establishment of new fish farming units of both Carp and Trout.

iv.      Sport Fisheries will be further strengthened and new trout streams will be established in the State particularly in Jammu division to increase the scope of trout angling in the State.

v.       Propagation of fish culture in private sector

vi.      Development of endemic fish fauna/hill stream fisheries.

vii.     To provide better marketing facilities for the fishermen.

 

Waste management and recycling: Project Opportunities in Jammu & Kashmir

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.

RESOURCES:

SMC has introduced dumpers replacing open collection sites in many areas but the dumpers are not colour-coded and no segregation of waste is carried out at source. Total waste generated is about 375 MT/day (within SMC limits). House-to-House collection of municipal solid waste is being undertaken in 25% of households in Srinagar city through Srinagar Municipal Corporation and some Non- Governmental Organizations (NGOs). Waste is being collected from hotels, restaurants, office complexes and commercial areas whereas slums in some areas are not provided with sanitation facilities. Waste from slaughter houses, meat and fish markets, fruits and vegetable markets which are bio-degradable in nature are not managed separately instead are dumped at the landfill site.

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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Cow Urine (Gomutra)Processing and Packing

Gomutra is not a toxic waste material. 95% of it is water, 2.5% consists of urea, and the remaining 2.5% is a mixture of minerals, salts, hormones and enzymes.Gomutra or gaumutra cow urine is urine from cows used for therapeutic purposes in traditional Indian medicine, Ayurveda and also for purification in VaastuShastra.Cow urine has bio enhancing activity for Rifampicin, the front-line anti-tubercular drug used against tuberculosis, increasing its action up to sevenfold against Escherichia coli, and up to 11-fold against Gram-positive bacteria. There are more than 50 units processing cow urine in India. That cow urine is in demand not just in India, but around the world, became evident recently when health authorities in London raised objections to shopkeepers placing cow urine concentrate on shelves next to food items.As a whole any entrepreneur can venture in this project without risk and earn profit.
Plant capacity: Distilled Cow Urine (Gomutra): 2000Lts./DayPlant & machinery: Rs.22 lakhs
Working capital: -T.C.I: Cost of Project: Rs.187 lakhs
Return: 28.00%Break even: 68.00%
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Chocolate, Toffee and Candy Industry

The chocolate and confectionery products industry has traditionally been subject to significant fluctuations in demand.Chocolate is a key ingredient in many foods such as milk shakes, candy bars, cookies and cereals.Chocolates are the favourite item of children. Its primary feature is that it is solid at room temperature of 20 - 25 deg. C and yet melts rapidly in the mouth at 37 deg. C giving a liquid, which appears smooth to the tongue. It is expected that India chocolate industry will be growing at the CAGR 23% by volume between the years 2013-2018 and reach at 3,41,609 Tons.The dark chocolates are expected to account for the larger market share when compared to milk and white chocolates in the coming years.The India Chocolate market is expected to reach USD 5.01 billion by 2023.This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Barista Coffee Co. Ltd. • Baroda Agro Inds. Ltd. • Candico (I) Ltd. • Cocoa Products & Beverages Ltd. • Fresh & Honest Cafe Ltd. • Gandour India Food Processing Pvt. Ltd.
Plant capacity: Chocolate: 2000 Kgs./Day Toffee: 500 Kgs./Day Candy: 500Kgs./DayPlant & machinery: Rs.305 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1058 lakhs
Return: 26.00%Break even: 36.00%
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Residential Apartment

Residential Apartment is a part of Housing, which has encouraging scope or development. House is a very complex term.A standard residential building of bungalow type with has drawing room, dining room office room, guest room, kitchen room, store, pantry, dressing room, bathroom, front verandah, stairs etc., Housing finance companies (HFCs) have been significantly contributing to the industry’s growth. They have been at the forefront addressing financial needs of the segment at the base of the pyramid and have gained a significant market share in India’s mortgage market. If these trends are well leveraged, HFCs will continue to strengthen their market share through wider finance penetration and expanding reach in Tier II and III cities. Driven by these aspects the demand for affordable housing, loan disbursement is expected to record five-year CAGR of 17-18% to reach Rs 9 trillion by 2020-21.Entrepreneurs who invest in this project will be successful.
Plant capacity: 312 Nos./AnnumPlant & machinery: 00
Working capital: -T.C.I: Cost of Project: Rs 10676 lakhs
Return: 1.00%Break even: N/A
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Residential Apartment

Residential Apartment is a part of Housing, which has encouraging scope or development. House is a very complex term.A standard residential building of bungalow type with has drawing room, dining room office room, guest room, kitchen room, store, pantry, dressing room, bathroom, front verandah, stairs etc., Housing finance companies (HFCs) have been significantly contributing to the industry’s growth. They have been at the forefront addressing financial needs of the segment at the base of the pyramid and have gained a significant market share in India’s mortgage market. If these trends are well leveraged, HFCs will continue to strengthen their market share through wider finance penetration and expanding reach in Tier II and III cities. Driven by these aspects the demand for affordable housing, loan disbursement is expected to record five-year CAGR of 17-18% to reach Rs 9 trillion by 2020-21.Entrepreneurs who invest in this project will be successful.
Plant capacity: 312 Nos./AnnumPlant & machinery: 00
Working capital: -T.C.I: Cost of Project: Rs 10676 lakhs
Return: 1.00%Break even: N/A
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Cement Plant

Cement is the binder component of concrete, the glue that holds the filler together to create a uniform, strong material. The filler in concrete consists primarily of aggregate particles.Cement is a material with adhesive and cohesive properties which make it capable of bonding minerals fragments into a compact whole. It can be defined as any substance, which can join unite two or more pieces of some other substance together to form a unit mass. Cement demand is expected to increase by 5.0-5.5% y-o-y in FY18 on back of increased spends on roads and railways, push towards affordable housing by central government, materialization of pent-up demand, particularly in rural housing and low base. Cement demand is expected to reach 550-600 Million Tonnes Per Annum (MTPA) by 2025.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • A C C Ltd. • Adani Cements Ltd. • Ambuja Cements Ltd. • B R Cement Industry Ltd. • Bagalkot Cement &Inds. Ltd. • Bharathi Cement Corpn. Pvt. Ltd. • BhilaiJaypee Cement Ltd.
Plant capacity: Cement: 1000 MT/DayPlant & machinery: Rs. 1732 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 3952 lakhs
Return: 27.00%Break even: 57.00%
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Soft Gelatin Capsules

Soft gelatin (also called softgel or soft elastic) capsules consist of one piece hermetically-sealed soft shells. Soft gelatin capsules are prepared by adding a plasticizer, such as glycerin or polyhydric alcohol (e.g., sorbitol), to gelatin. The plasticizer makes gelatin elastic. Soft gelatin capsules come in various shapes such as spherical, elliptical, oblong, and special tube shapes with and without twist off. The demand of the soft gel capsules is increasing due to the available customization facilities for the molds and content as per customer needs.The Global Softgel Capsules Market is poised to grow at a CAGR of around 5.4% over the next decade to reach approximately $316.6 billion by 2025.Which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • C J Gelatine Products Ltd. • Fortcaps Healthcare Ltd. • Healthcaps India Ltd. • India Gelatine& Chemicals Ltd. • K P Gelatines& Chemicals India Ltd. • MarksansPharma Ltd. • Medgel Pvt. Ltd.
Plant capacity: Soft Gelatin Capsules: 3120000Nos./DayPlant & machinery: Rs. 649 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 10871 lakhs
Return: 35.00%Break even: 31.00%
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Bakery Products (Cake & Filled Croissants Puffs)

Bakery holds an important place in food processing industry and is a traditional activity.Bakery products, due to high nutrient value and affordability, are an item of huge consumption. Due to the rapid population rise, the rising foreign influence, the emergence of a female working population and the fluctuating eating habits of people, they have gained popularity among people, contributing significantly to the growth trajectory of the bakery industry. India is a major manufacturing house for bakery products and is the third- largest biscuit manufacturing country after USA and China. The Indian bakery market is valued at Rs. 3,295 crore and out of this, bread and biscuits hold 82% of the share. India’s organised bakery sector produces about 1.3 millions tonne of bakery products (out of three million tonnes) while the balance is produced by unorganised, small-scale local manufacturers. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • Ampro Products Ltd. • Anmol Industries Ltd. • Bakemans Industries Pvt. Ltd. • Bonn Nutrients Pvt. Ltd. • Britannia Industries Ltd. • Century Biscuits Ltd.
Plant capacity: Cakes (200 gm): 720000 Pcs./Day Filled Croissants Puffs (60 gm): 480000 Pcs./DayPlant & machinery: Rs.540 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 12913 lakhs
Return: 33.00%Break even: 35.00%
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Admixtures Plant (Water Retarding Admixtures for Concrete)

Water reducers, retarders, and super plasticizers are admixtures for concrete, which are added in order to reduce the water content in a mixture or to slow the setting rate of the concrete while retaining the flowing properties of a concrete mixture. Admixtures are used to modify the properties of concrete or mortar to make them more suitable to work by hand or for other purposes such as saving mechanical energy.. The use of WRA may accelerate or retard the initial setting time of concrete. Rate of concrete admixtures market growth is highly influenced by construction industry in developing economies and worldwide markets will hit $18.10 billion by 2020, at a CAGR of 9.15% between 2015 and 2020.The market size in terms of value of water retarding admixture is estimated to be USD 2.52 billion in 2015 and is projected to grow at a CAGR of about 8.16% between 2015 and 2020.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Bharat Chemicals & Fertilizers Ltd. • Fosroc Chemicals (India) Pvt. Ltd. • Hindustan Chemicals & Minerals Pvt. Ltd. • Particle Dynamics Pvt. Ltd. • Prism Johnson Ltd. • Thermax Ltd.
Plant capacity: Water Retarding Admixture for Concrete: 20 MT/DayPlant & machinery: Rs. 40 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 160 lakhs
Return: 30.00%Break even: 76.00%
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Calcium Bromide

Calcium bromide is the calcium salt of hydrobromic acid with the chemical formula of CaBr2. It is concentrated hygroscopic powder which will absorb water from the air. Calcium Bromide Powder dissolves in water and other brines, yield completion work over and packer fluids of densities upto 2.3 gm/ml (19.2 lb/gal).Calcium bromide is used as a component of drilling and completion fluids which are used to maximize the productivity of an oil well, to minimize site erosion of the well, and to aid in the shutdown of the well. The bromine derivatives market is pegged to be a high value market.The global bromine market was USD 2.47 billion in 2016 and is projected to reach USD 3.96 billion by 2022, at a CAGR of 8.4% between 2017 and 2022.This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Agrocel Industries Pvt. Ltd. • ChemconSpeciality Chemicals Pvt. Ltd. • Maruti Organics Ltd. • ModyChemiPharma Ltd.
Plant capacity: Calcium Bromide (Liquid 50%): 10000 MT/AnnumPlant & machinery: Rs. 247 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1337lakhs
Return: 29.00%Break even: 51.00%
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Ready Mixed Concrete. RMC Production

Ready Mixed Concrete. RMC Production. Ready-Mix Concrete (RMC) Manufacturing Plant. A Revolution in Production of Concrete Ready-mix concrete (RMC) is a mixture of cement, water, sand and aggregates. Manufacturing ready-mix concrete and delivering through a transit mixer enables the implementation of precise concrete in the construction project, making it sturdy, strong and long lasting. Ready-mix concrete is particularly advantageous when small quantities of concrete or intermittent placing of concrete are required. Ready-mixed concrete is also ideal for large jobs where space is limited and there is little room for a mixing plant and aggregate stockpiles. Ready mixed refers to concrete that is batched for delivery from a central plant instead of being mixed on the job site. Each batch of ready-mixed concrete is tailor-made according to the specifics of the contractor and is delivered to the contractor in a plastic condition, usually in the cylindrical trucks often known as "cement mixers." Ready mix concrete is sometimes preferred over on-site concrete mixing because of the volume it can produce with precision of proportion of mixtures and also due to reduced work site confusion. Using a pre-determined concrete mixture reduces flexibility, both in the supply chain and in the actual components of the concrete. Ready-mix concrete is also termed as the customized concrete products for commercial purpose. Ready-mix concrete (RMC) refers to concrete that is specifically manufactured for delivery to the customer’s construction site in a freshly mixed and plastic or unhardened state. Concrete itself is a mixture of Portland cement, water and aggregates comprising sand and gravel or crushed stone. In traditional work sites, each of these materials is procured separately and mixed in specified proportions at site to make concrete. Ready-mix concrete is bought and sold by volume – usually expressed in cubic meters (cubic yards in the US). Ready-mix concrete (RMC) market is extensively used for the construction of various infrastructure development applications which include residential and commercial buildings, airports, runways, ports, energy generation facilities, production plants, and roads. Uses of Ready Mix Concrete 1. Construction Ready mix concrete Cement and asphalt have long been staples in the construction industry, but ready-mix varieties have made major strides in improving strength and durability. This solution can be used to erect large buildings, bridges, and warehouses as it offers the quality, limited pollution, and cost-savings essential for large-scale projects. Because the concrete has been prepared before reaching the construction site, workers can focus on proper application methods rather than wasting time on mixture measurements. 2. Freeways Anyone who has driven on a freeway riddled with potholes knows the downfall of poor-quality concrete. Paving a freeway requires durable, long-lasting materials that will hold up against all weather and heavy traffic. Ready-mix concrete can be fine-tuned to endure harsh conditions and is renowned for its superior longevity, making it perfect for the demands of public streets and highways. 3. Eco-Friendliness The ingredients of concrete – water, aggregate and cement – are readily available and sourcing them has a lesser impact on the environment than when other building materials are used. Any leftover materials from the creation of the concrete can be reused or recycled, too. 4. Lower Maintenance Costs The resilience, strength and durability of concrete means that buildings constructed from it will remain in good condition for years on end. There may be some minor cosmetic maintenance required, but overall, concrete will maintain its condition for much longer than other materials, reducing the required expense for maintenance. Advantages of Ready-Mix Concrete Following are the advantages of ready-mix concrete: • Ready Mix Concrete (RMC) allows speedy construction through programmed delivery at site, mechanized operation with consequent economy. • RMC reduces the labour cost and site supervising cost. • RMC comes with consistency in quality through accurate & computerized control of sand aggregates and water as per mix designs. • Production of RMC helps in minimizing cement wastage due to bulk handling. • Production of RMC is relatively pollution free. • Reduced project time resulting in savings in all aspects. • Proper control and economy in use of raw material resulting in saving of natural resources. Market Survey The ready-mix concrete market is expected to witness a steady growth rate during the forecast period, 2018 - 2023. The growing number of infrastructure projects, including bridges, roads, dams, and airport expansion works, especially in developing nations is fueling the demand for ready-mix concrete. The global ready-mix concrete market is thus expected to witness high growth in the coming years. Some of the other reasons behind the growth of the market are high government spending on construction, manufacturing, and power plants, the growing population, and the trend of urbanization. Ready-mix concrete is a type of concrete that improves durability and sustainability. It is an easier option purchasing the raw materials individually and experimenting every time with handling and proportioning, is not involved. The global ready-mix concrete market is a very dynamic market and is expected to witness high growth over the forecast period. The global ready-mix concrete market has been segmented by production (on site and off site), by application (Commercial, Residential, Infrastructure, Industrial utilities) and by region (the Americas, Europe, Asia-Pacific and RoW). Increased construction of residential and commercial complexes is also expected to boost ready-mix demand during the coming years. Rapid population expansion, coupled with the infrastructural requirement in Saudi Arabia, has led the government to initiate several large-scale construction works in order to ease pressure on existing infrastructure, which, in turn, will spur the market growth over the forecast period. Growing population and increasing disposable income in China and India will drive the construction growth, which in turn, will spur the demand for RMC. Ready-mix concrete owing to their superior features are widely used in non-residential applications, such as in commercial, infrastructure, and industrial. India has even experienced significant interest from foreign investors in its infrastructural sector. RMC is being preferred over traditional concrete owing to ease of use, greater convenience, economy, and better quality. Furthermore, wastage reduction, low inventory costs, and efficient utilization will lead to the lowering of the overall project expenditures which in turn will augment the product demand over the upcoming years. The global ready-mix concrete market can be segmented on the basis of geography into Asia Pacific, North America, Europe, and the Rest of the World. In terms of geography, Asia Pacific accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. Asia Pacific will lead in the market owing to a growing number of new infrastructural projects in India, Singapore, China, and Thailand. Rapid industrialization and urbanization in these countries are behind the growth of the market in Asia Pacific. Some of the major factors responsible for the market’s growth in the region is the rapid industrialization, population growth, urbanization, and favorable government policies, availability of cheap resources and skilled workforce, and low operational and labor costs. On the other hand, it is expected that the introduction of new infrastructure construction projects will create a heightened demand for ready-mix concrete. This will ensure a continued growth of the market in the coming years. Growing population and increasing disposable income in China and India will drive residential construction growth which in turn will spur the demand for RMC. Moreover, establishment of manufacturing facilities and power plants to keep up with the growing demand for energy on a global scale will further stimulate the product requirement over the forecast period. Tags Ready Mix Concrete, Ready Mix Concrete Plant, Ready Mixed Concrete Mixing Plant, Ready Mix Concrete Plant in India, RMC Plant, Ready-Mix Concrete Batching Plant, Ready Mix Concrete Plant Cost, Ready Mix Concrete Project Report, Ready Mix Concrete Process, Ready Mix Concrete Pdf, RMC Plant Process, Properties of Ready Mix Concrete, Manufacturing of Concrete / Ready-Mix Concrete, Ready Mixed Concrete Industry, Concrete Batching Plant, Concrete Batching Plant, How to Start a Ready-Mixed Concrete Business, Ready Mixed Concrete (RMC), Ready Mix Concrete Business Plan, Ready Mix Concrete Plant Setup Cost, Ready Mixed Industry, Concrete Construction, How to Start a Small Concrete Business, Setting up a Ready-Mix Concrete Manufacturing, Production of Ready Mix Concrete (RMC), Cement Factory, Cement Manufacturing, Ready-Mix Concrete Manufacturing, Manufacturing Process of Cement, Ready Mix Concrete Batching Plant, Project Report on Cement Manufacturing Industry, Ready Mix Concrete Applications, Detailed Project Report on Ready Mix Concrete Plant, Project Report on Ready Mix Concrete Plant, Pre-Investment Feasibility Study on Ready Mix Concrete Plant, Techno-Economic feasibility study on Ready Mix Concrete Plant, Feasibility report on Ready Mix Concrete Plant Free Project Profile on Ready Mix Concrete Plant, Project profile on Ready Mix Concrete Plant, Download free project profile on Ready Mix Concrete Plant, Concrete Block & Ready Mix Concrete, Building Construction in India, Concrete Construction?, RMC Construction Cement Plant, Ready-Mixed Concrete Industry in India, RMC - A Revolution in Production of Concrete
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Return: 1.00%Break even: N/A
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