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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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Profitable Business of Stone Plastic Composite (SPC) Flooring Tiles

SPC, also known as solid polymer core for flooring tiles, is a firm core formed primarily of limestone with a mixture of polyvinyl chloride and stabilisers used in vinyl flooring. It is denser as a result of the 75 percent limestone core fused together with a 25% PVC core. SPC stiff cores are used in modular vinyl flooring to provide dimensional stability and rigidity. Because of its high limestone content, SPC is highly dense, durable, and resistant to impact and indentation. Stone plastic composite is resistant to cupping and peeling since it is watertight. It can be used in laundry rooms, restrooms, basements, kitchens, and other places where there is a need for organisation. SPC rigid core vinyl flooring is installed using a floating interlocking technique. It's low-maintenance and long-lasting, making it ideal for commercial flooring with a lot of foot activity. The elastic SPC core is coated with a decorative and protective UV coating to create stunning and durable flooring. SPC flooring is environmentally friendly, has no formaldehyde, is waterproof, and may be used in a variety of applications. It also offers excellent anti-skid properties, a pleasant foot sensation, and is akin to real wood flooring. It's also wear-resistant, has a long service life, is fire and flame resistant, and can be used for geothermal, heat preservation, and energy conservation. The global Stone Plastic Composite Flooring market was valued at USD 24.00 billion in 2020, and it is expected to rise at a CAGR of 14.26% to USD 27.35 billion in 2021, before reaching USD 53.44 billion by 2026. The growing number of construction activities and the construction industry around the world, as well as the easy availability of an affordable and rigid product, are some of the major and impactful factors that would likely augment the growth of the stone plastic composite flooring market. Few Indian Major Players 1. Aalishaan Structure & Interiors Pvt. Ltd. 2. Marvel Vinyls Ltd. 3. Responsive Industries Ltd.
Plant capacity: Stone Plastic Composite (SPC) Flooring Tiles 3,000 Sq,mtr Per DayPlant & machinery: Rs. 408 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1011 Lakhs
Return: 28.00%Break even: 65.00%
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Production Industry of Men’s Undergarment (EOU)

Underwear is a type of clothing that is worn beneath other garments and is frequently worn next to the skin. They help to keep sweat off your gear. They also aid in the formation of the body and provide support for various body parts, as well as keeping the wearer warm in cold conditions. Underwear can be used to protect a person's modesty while still making them look sexy. Some types of undergarments are associated with religious significance. Some items, such as T-shirts and certain types of shorts, are intended to be worn just as underwear, while others, such as T-shirts and certain types of shorts, can be worn as both underwear and outerwear. If the correct fabric is utilised, some types of underwear can be used as nightwear or swimwear. Underwear is one of the most private and personal decisions in menswear because only a few people will see it. It's worn all day, every day, right next to the skin. As a result, while many men prefer one sort of underwear over another, it's more practical to pick a style based on the day's activities. The global men's underwear market is estimated to exceed US$ 16.5 billion in sales by the end of 2027, growing at a CAGR of 5.8% over the forecast period (2020-2027). Because of the rising prevalence of organised retail around the world, the market for men's underwear is expected to grow. The market for men's underwear is expected to grow as disposable income rises and the metrosexual male population spends more on fashionable items. Rising demand for underwear as a need and for comfort is expected to help the men's underwear industry grow. The hosiery industry is a long-standing textile industry with enormous domestic and worldwide market potential. Because of its multiple advantages, the market for hosiery underwear is rising. Cotton underwear is popular among people from all walks of life because of its great absorbency, inexpensive cost, and widespread availability. People wear these foundation garments all year round in a range of weather conditions. The marketing of high-quality knitted underwear is expected to be uncomplicated. Few Indian Major Players 1. Bodycare International Ltd. 2. Dollar Industries Ltd. 3. J C Penney Services India Pvt. Ltd. 4. Seeds Intimate Apparel India Pvt. Ltd. 5. Shakthi Knitting Pvt. Ltd. 6. Triumph International (India) Pvt. Ltd.
Plant capacity: Men's Briefs 10,000 Pcs Per Day Sports Briefs 10,000 Pcs Per Day Men's Boxers 10,000 Pcs Per DayPlant & machinery: Rs. 239 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1656 Lakhs
Return: 27.00%Break even: 52.00%
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Profitable Business Industry of EV Charging Stations.

Electric vehicle charging station business opportunity is one of the pinnacle business models worldwide. As EVs turn out to be an extra regular on the road, many startups and entrepreneurs are interested in beginning an EV charging station commercial enterprise. With the augmented mindfulness of the environment and the introduction of electric cars (along with e-cars and e-scooters), electric car charging stations are on the list of some top enterprise opportunities in many countries for the last decade. When thinking about an EV charging commercial enterprise version, it’s essential to understand which models will be simplest for the kind of visiting driver and the kind of location/enterprise where the charging stations may be established, in addition to the typical expenses incurred. The method that an entrepreneur or startup takes is important because flexibility and scalability are clearly important for this kind of new and fast-paced industry. The budget of beginning an EV charging station could be very less compared to other business setups. Consequently, the cost of starting EV stations involves only the installation fee which consists of the price of chargers, power, software program, infrastructure, marketing, manpower, and maintenance. Is It Profitable To Start An EV Charging Business? EV charging stations and public charging setup enterprises are some of the finest enterprise opportunities. Even though the client category still predates and relies upon the conventional auto industry, EV vehicle enterprise is the next generation choice. Aside from this, state governments provide extra advantages, like exemption on street tax, registration charges, stamp duty, electricity tax, and many others. It is comprehensible that increased trade of such vehicles will demand an extra number of charging points. The range of electric vehicles running on the roads is significantly greater than the wide variety of EV fee stations at the roads. Market Growth of EV Charging stations In recent years, the demand for electric cars is increasing unexpectedly internationally. Though, China and the USA are keeping the principal market proportion for the same. For the reason that demand for EVs is increasing, hence the electric charging industry is likewise driving. Governments globally are contributing in the direction of putting in the charging stations. For example, the Chinese government authorities have accepted the improvement of fast-charging stations by the national policies. Furthermore, in the USA, the government is presenting all its support and funds to broaden EV charging stations. Such active help through government groups is likely to increase the marketplace for charging stations at some stage in the forecast duration. The worldwide electric automobile Charging Station market is predicted to grow from 27 billion in 2020 to $129.07 billion by 2027, at a CAGR of 10.1%. Elements along with growing demand for energy-efficient commuting, governments associating electric-powered vehicles, and their charging infrastructure through preferential rules, subsidies, and tax rebates have caused a developing call for this section in conjunction with the fact that in the subsequent 2 decades, many governments around the world have introduced plans to phase out fossil gas cars from the market. The Driving Factors One of the most critical elements driving the Electric Vehicle Charging Station marketplace is the growing costs of petroleum merchandise. Customers from developing nations are already laid with the elevated price of petrol. Electrical automobiles operating on electricity will decrease the working value of usage for those cars. Another important thing driving this sector is the reducing fee of EV with the lessening of battery cost which is also causing growth in demand for EV’s and EV charging stations. The electric vehicle charging stations market is predicted to develop with time and rising support from government bodies of various countries. Many nations have found the necessity to go electric to lessen the increasing pollution from motors, with the United States and China already gearing as much as electric cars. China’s swiftly growing economy is using the expansion of superior technologies to improve electrification in the country. China has spent about USD 2.4 billion till year 2020 to enhance the charging facility infrastructure in the nation. Entrepreneur India’s project reports incorporate a unique mix of exact insights and qualitative analysis to assist startups and entrepreneurs reap sustainable growth. The professionals, experienced analysts, and specialists use industry-leading research tools and techniques to collect comprehensive marketplace studies, interspersed with relevant records. The report consists of a competitive view based totally on an in-depth assessment of the important strategies adopted by the main marketplace members within the electric automobile charging stations marketplace over the past few years.AK_20art_21
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Start Assembling of Lithium Ion Battery (Battery Assembly)

A lithium-ion battery, often known as a Li-ion battery, is a rechargeable battery in which lithium ions flow via an electrolyte from the negative electrode to the positive electrode during discharge and then back again during charging. A lithium-ion battery's positive electrode is constructed of an intercalated lithium compound, while the negative electrode is commonly graphite. With the exception of LFP cells, lithium-ion batteries have a high energy density, no memory effect, and a low self-discharge rate. Either energy or power density can be emphasised in cells. However, because they contain flammable electrolytes, they can pose a safety risk. Which, if damaged or wrongly charged, can result in explosions and flames. • More Compact Design: Li-ion batteries are smaller and lighter than traditional rechargeable batteries when compared to their capacity, and are thus used in portable consumer electronics devices where weight and form factor are important selling points. • Lower Self-discharge and Longer Shelf Life: While compared to other rechargeable batteries, Li-ion batteries have a lower self-discharge rate of about 1.5 percent per month, allowing for a longer shelf life when not in use due to the slower drain. • Fast Charging: Lithium-ion batteries charge faster than other rechargeable batteries including lead acid, nickel-metal hydride, and nickel-cadmium. • Low Maintenance: Lithium-ion batteries do not need to be maintained in order to function properly. • High Open-Circuit Voltage: Due to their chemistry, Li-ion batteries have a higher open-circuit voltage than other batteries such as lead acid, nickel-metal hydride, and nickel-cadmium. From 2021 to 2030, the global lithium-ion battery market is expected to grow at a CAGR of 12.3%, growing from USD 41.1 billion in 2021 to USD 116.6 billion in 2030. The market's growth can be attributed to increased demand for lithium-ion batteries in electric vehicles (EVs) and grid storage, since they offer high-energy density and lightweight solutions. Due to a growth in the registration of electric vehicles and a decrease in the price of lithium-ion batteries, the market size is predicted to grow throughout the forecast period. Market expansion is predicted to be fueled by an increase in electric vehicle sales as well as a shift in customer preferences. The rising number of solar installations and nuclear power plants, as well as the launch of wind energy projects, are likely to propel market growth over the forecast period. Few Indian Major Players 1. Anand Batteries Ltd. 2. Bharat Electronics Ltd. 3. Carborundum Universal Ltd. 4. Eon Electric Ltd. 5. H B L Power Systems Ltd. 6. Luminous Power Technologies Pvt. Ltd.
Plant capacity: 48 Volt, 60 AH Lithium-Ion Battery Pack 10 Nos per day 48 Volt, 80 AH Lithium-Ion Battery Pack 10 Nos per day 48 Volt, 100 AH Lithium-Ion Battery Pack 10 Nos per day 60 Volt, 20 AH Lithium-Ion Battery Pack 10 Nos per day Plant & machinery: Rs. 165 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 538 Lakhs
Return: 29.00%Break even: 67.00%
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Opportunities in Waste Lubricating Oil Recycling Plant

Waste oil is mostly made up of hydrocarbons and can be found in both industrial and non-industrial settings. It may contain additives and impurities as a result of physical contamination and chemical reactions that occur during use. Because used oil has been used previously, it has become contaminated with chemical and physical pollutants. Used oil includes transmission oil, motor oil, brake fluid, hydraulic oil, and gearbox oil. Oil that has been used is a recyclable material that can be recycled, reused, or disposed of. Oil is not considered a waste product once it has been used. Lubricating lubricants are commonly used in industries to reduce friction and wear by interposing a thin film of oil between metallic surfaces. Water, salt, dirt, metal scrapings, broken down additive components, varnish, and other impurities may mix with the oil or be generated in it during normal use as a result of thermal breakdown or oxidation. Recycling and reusing wasted oil is preferable to disposing of it, and it can have considerable environmental benefits. Recycled used oil can be refined into new oil, converted into fuel oils, and utilised as a raw material in the petroleum industry. The term "waste oil" describes refined oil that has been delivered for a variety of purposes. Impurities, dirt, and toxins are all present in waste oil. Waste oil is any synthetic or petroleum-based oil that has become contaminated and unfit for its intended function. The main sources of this material are crankcase and lubrication wastes. The method of refining waste oil to generate fuel or lubricating oil is currently employed in various places. Waste oil appears to be harmful to the environment because it is burned or haphazardly dumped into the ground. Government agencies must create efficient recycling and disposal plans in order to refine waste oil. This contributes to environmental protection by reducing illegal waste oil dumping. New waste oil treatment and disposal technologies enable more efficient service while also lowering environmental risk. Few Indian Major Players 1. Asia Refinery Ltd. 2. Bharat Shell Ltd. 3. Castrol India Ltd. 4. Enpro Industries Pvt. Ltd. 5. Fuchs Lubricants India Pvt. Ltd. 6. G P Petroleums Ltd. 7. G S Caltex India Pvt. Ltd. 8. Indian Oil Blending Ltd.
Plant capacity: Used Lubricating Oil 20,000 Ltrs per day Spent Clay as by product 2,105 Ltrs per dayPlant & machinery: Rs. 127 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 753 Lakhs
Return: 27.00%Break even: 50.00%
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Profitable Growing Industry of Medical Disposables (Gowns/Drapes)

Doctors and nurses in the operating room use surgical gowns to prevent the transmission of germs and body fluids from the operating staff to the patient, as well as from the patient to the operating staff. Surgical gowns must meet a variety of well-documented performance requirements. Surgical gowns must be disease and infection resistant while also allowing for sufficient mobility. They must allow for adequate mobility while also preventing rubbing, chafing, ripping, and linting. They should fit snugly but not tightly. Because there is generally excess fabric, the gowns must withstand constant pulls on the fabric during normal motions. A surgical drape is a disposable, non-woven covering that is used to cover a patient's region. The surgeon can perform the surgery through a fenestration (an opening) in the drape. Depending on the type of operation, it comes in a variety of sizes. The drapes in each hospital are different. A 15-square-inch drape with a 3-square-inch fenestration could sufficient for an eye operation, but open heart surgery necessitates the largest drape possible, a laparotomy drape that covers the entire body. Surgical drapes keep the operating area clean and free of bacteria. The adhesive tape must attach securely to both the drape material and the patient's skin in order to accomplish this; its performance cannot be affected by the sterilisation procedure or compromised by pre-operative cleaning chemicals. For Surgical Procedures, Gowns and Drapes The market is predicted to grow at a CAGR of 4.42 percent from 2021 to 2028, from USD 2.28 billion in 2020 to USD 3.23 billion in 2028. The Surgical Drapes and Gowns market is being driven by an increase in surgical operations due to sports injuries, accidents, and heart surgeries due to a greater frequency of cardiovascular disorders and other chronic ailments where surgery is indicated as needed. Surgical gowns and drapes are also in high demand due to increased demand for patient and healthcare worker protection, as well as an increase in the prevalence of surgical site infections. Few Indian Major Players 1. PrimewearHygine (India) Product Ltd. 2. RaajMedisafe India Ltd. 3. Surgeine Healthcare (India) Pvt. Ltd. 4. VikramNuvotech India Pvt. Ltd.
Plant capacity: Medical Gowns 1,250 Pcs Per Day Medical Drapes 1,250 Pcs Per DayPlant & machinery: Rs. 286 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 611 Lakhs
Return: 26.00%Break even: 53.00%
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Manufacturing Industry of Calcium Carbide(CaC2)

The chemical substance calcium carbide, sometimes known as CaC2, has the formula CaC2. There appear to be greyish whitish masses present. Carbide Candles, which are small carbide lamps used to blacken rifle sights and reduce glare, also include calcium carbide. These "candles" are utilised because acetylene produces a sooty flame. Other names for it include calcium acetylide, phenyl glyceryl ether diacetate, and glycerol phenyl ether diacetate. Calcium carbide is an important raw material in the organic synthesis industry. Acetylene, chloroprene rubber, calcium cyanamide, acetate acid, trichloroethylene, and acetaldehyde can be made by mixing acetylene, chloroprene rubber, calcium cyanamide, acetate acid, trichloroethylene, and acetaldehyde with other materials. It can also be used in steel manufacturing as a desulfurizing agent, as well as for metal cutting and welding. Along with calcium phosphide, calcium carbide is used in floating, self-igniting naval signal flares. Calcium carbide has been declared a flammable substance under the Inflammable Substances Act, and the Petroleum Act has been applied to it. When moisture comes into contact with calcium carbide, acetylene gas is produced, which has a wider explosive range. Calcium carbide is used in the following industries: • It's utilised in the production of calcium hydroxide and acetylene. • Because acetylene, a calcium carbide derivative, may be used as a raw material, it is used in the production of polyvinyl chloride (PVC). • It's used to make calcium cyanamide. • It's used to remove sulphur from iron. The process of eliminating sulphur from any material is known as desulphurization. • Similar to ethylene, it is used as a ripening agent. • Both bamboo and big-bang cannons contain it. • It's used as a deoxidizer, which means it helps remove oxygen during the steel-making process. Calcium carbide is a calcium-containing mineral. The market is predicted to grow significantly from 2019 to 2025 due to its metallurgical and chemical uses in sectors such as steel manufacturing, fertiliser, and metal fabrication. Product derivatives are utilised downstream in the automotive, pharmaceutical, and plastics industries, which could help the industry grow. In an electric arc furnace, lime and coke are heated to produce a translucent, colourless inorganic material. The technical grade substance creates an unpleasant garlic-like odour when exposed to trace moisture. Desulfurization and the elimination of unwanted iron oxide are two metallurgical processes that use it. The calcium carbide market is likely to grow further due to its use in integrated steel mill desulfurization. The calcium carbide market is predicted to grow due to its use with calcium phosphide, which is used in floating and self-igniting naval flares for defensive countermeasures, illumination, and signalling. Because calcium flares may be released underwater and illuminate submerged objects, they are commonly employed in maritime applications. The global market for marine safety is estimated to hit USD 35 billion by 2026, favouring market size. Few Indian Major Players 1. D C M Shriram Ltd. 2. K P L International Ltd.
Plant capacity: Calcium Carbide 60 MT Per DayPlant & machinery: Rs. 2127 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 3810 Lakhs
Return: 28.00%Break even: 68.00%
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Automated Vehicle Scrapping and Recycling Unit

Vehicle recycling is the deconstruction of cars for spare parts. When vehicles reach the end of their useful lives, they have value as a source of replacement components, which has given rise to the car dismantling industry. Wrecking yards, auto dismantling yards, automotive spare parts suppliers, and, more recently, auto or vehicle recycling are all phrases that have been used to characterise the industry's business outlets. Vehicle recycling has long been a component of the process, but manufacturers have become increasingly active in recent years. A car crusher is commonly used to reduce the size of a junk car so that it can be transferred to a steel mill. The "Voluntary Car-Fleet Modernization Program," also known as India's vehicle scrapping programme, intends to usher in a new era of what it means to own and use a car in India. Nitin Gadkari, the Minister of Road Transport and Highways, introduced it in Parliament in March. The programme demands that all automobiles above a certain age be taken off the road in order to achieve higher pollution control and safety, which new vehicles provide. A commercial vehicle over 15 years old or a personal vehicle over 20 years old that fails an automatic fitness test, regardless of whether it runs on diesel or gasoline, is earmarked for scrapping. As a result, automobile recycling is essential. It's also crucial to handle them properly to avoid hazardous waste from being released into the environment. Such vehicles must be disposed of by professionals who are familiar with hazardous chemicals such as fuel, coolants, and brake fluids. Environmental Benefits: Steel is one of the most significant materials in the automobile's construction; it's utilised to make the bulk of the components, including the framework. Because iron ores are required for the production of steel, recycling automobiles contributes to the preservation of iron ores. All waste generated as a by-product of steel processing is avoided as well, guaranteeing that air pollution is not increased. Wildlife Preservation: It's also worth mentioning that proper car recycling can help preserve local flora and fauna. Steel mining is bad for the environment because it produces soil erosion and degradation, which means animals can't keep up with their normal habits and may become unwell as a result. Land erosion causes sediment flow into bodies of water, which has an impact on water quality and wildlife proliferation.
Plant capacity: 1000 Vehicles per MonthPlant & machinery: Rs. 497 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 2090 Lakhs
Return: 29.00%Break even: 40.00%
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Growing Demand of Animal Feed (Cattle, Poultry Broiler, Pig & Fish Feed)

Animal feed is the food that is supplied to domestic animals, especially livestock, while they are being cared for. The two most prevalent categories are fodder and forage. Feed is commonly referred to as fodder when the word feed is used alone. Animal feed is an important aspect of the animal agricultural process, and it is usually the most expensive part. Farms typically try to save money by growing their own food, grazing their animals, or supplementing expensive feeds with less expensive alternatives, such as food waste from beer production. Feed that delivers a well-balanced diet is critical to animal health. Some modern agricultural practises, such as grain-feeding cows or keeping them in feedlots, are harmful to both the environment and the animals. Increased maize or other grain in cow diets, for example, leads their microbiomes to become more acidic, impairing their immune systems and making cows more likely E.coli vectors. Other feeding practises, on the other hand, may be beneficial to animals. For example, feeding cows particular types of seaweed reduces methane generation, cutting greenhouse gas emissions from the meat industry. The animal feed business is predicted to grow at a CAGR of 4.90 percent from US$345.434 billion in 2020 to US$460.322 billion in 2026. Animal feeds are products that are used to improve the health of animals. Different doses of feed are given depending on the animal. Rapid urbanisation and increased meat and other end-product consumption, such as milk and eggs, in various places will fuel the animal feed market development potential over the forecast period. The feed aids in the expansion of the animal's capacities, accelerating growth and weight gain, and enhancing immunity by giving enriched nutrients with the feedstuff. Few Indian Major Players 1. Annam Feeds Pvt. Ltd. 2. Baramati Agro Ltd. 3. C P Aquaculture (India) Pvt. Ltd. 4. Ekta Agro Inds. Ltd. 5. Grobest Feeds Corpn. (India) Pvt. Ltd. 6. Heritage Nutrivet Ltd. 7. Intercorp Biotech Ltd.
Plant capacity: Cattle Feed 33.6 MT per day Poultry Broiler Feed 16.8 MT per day Fish Feed 2.8 MT per day Pig Feed 2.8 MT per dayPlant & machinery: Rs. 160 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1488 Lakhs
Return: 24.00%Break even: 48.00%
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Opportunities in Production of Solar Inverter (100 KVA – 1000 KVA)

The variable direct current (DC) output of a photovoltaic (PV) solar panel is converted into a utility frequency alternating current (AC) that can be supplied into a commercial electrical grid or used by a local, off-grid electrical network by a solar inverter, also known as a PV inverter. It is a critical balance of system (BOS) component in a photovoltaic system that facilitates the use of normal AC-powered equipment. Solar power converters have developed features such as maximum power point tracking and anti-islanding prevention for usage with photovoltaic arrays. Advanced solar pumping inverters convert DC voltage from solar panels to AC voltage, allowing submersible pumps to run without the usage of batteries or other energy storage devices. MPPT (maximum power point tracking) is used by solar pumping inverters to monitor output frequency and control the speed of the pumps, preventing damage to the pump motor. Many ports for DC current supplied by PV arrays, one port for AC voltage output, and a third port for input from a water-level sensor are common on solar pumping inverters. The market for solar PV inverters is expected to develop at an annual pace of more than 8%. Reduced electricity consumption and declining economic growth have also had a negative impact on the industry. When global market activity resumes, however, demand for the industry grows at a faster rate. Factors such as decreasing inverter prices and an increase in solar PV installations are projected to boost market growth. The growth of the solar PV inverters market has been aided by technological advancements that have led in cheaper costs and improved efficiency in solar panel manufacturing. However, a lack of general understanding, infrastructure construction costs, and recent subsidy reductions on solar panels by governments in the Asia-Pacific region have all stifled market expansion. Few Indian Major Players 1. Alectrona Energy Pvt. Ltd. 2. Eaton Power Quality Pvt. Ltd. 3. Fuji Electric Consul Neowatt Pvt. Ltd. 4. Microtek International Pvt. Ltd. 5. Redington (India) Ltd. 6. S B J Exports & Mfg. Pvt. Ltd.
Plant capacity: Solar Inverter 50 Hz 100 to 1000 KVA 15 NosPer DayPlant & machinery: Rs. 373 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1288 Lakhs
Return: 26.00%Break even: 47.00%
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