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

Mining & Minerals: Project Opportunities in Jharkhand

PROFILE:

Minerals are valuable natural resources being finite and non-renewable. They constitute the vital raw materials for many basic industries and are a major resource for development. Management of mineral resources has, therefore, to be closely integrated with the overall strategy of development; and exploitation of minerals is to be guided by long-term national goals and perspectives. Ministry of Mines is responsible for survey and exploration of all minerals, other than natural gases, petroleum and atomic minerals, for mining and metallurgy of non-ferrous metals like aluminium, copper, zinc, lead, gold, nickel, etc. and for administration of the Mines and Minerals (Regulation and Development) Act, 1957 in respect of all mines and minerals other than coal, natural gas and petroleum.

The newly carved out resource rich State of Jharkhand is widely acclaimed as the region of the future, having immense potential for industrialisation with its large deposits of minerals which could provide a firm launching pad for various industries.

RESOURCES:

Jharkhand is one of the richest zones of minerals in the world. The 40% of the total minerals of the country are available in this state. The State is the sole producer of cooking coal, uranium and pyrite. It ranks first in the production of coal, mica, kyanite and copper in India. The geographical exploration and exploitation of gold, silver, base metals, decorative stones, precious stones, etc. are the potential areas of the future. Jharkhand is also endowed with other resources such as surface and ground water, land with immense bio-diversity, moderate climate, disciplined and skilled manpower, adequate availability of power, which are the basic essentials for the growth and development of industries.

GOVERNMENT POLICIES:

Jharkhand region is generously endowed with Mineral Wealth and the State Government is committed to create an environment conducive to the growth of Mining and Mineral based Industries in the State. In view of this, the State's Industrial policy covers certain clauses relevant for Mining and Mineral sector, which are enumerated below:

•        Simplify procedures and expedite granting of mining leases.

•        Provide certain relief to make mining activities easier.

•        Encourage use of modern exploration techniques to set up a resource inventory of various minerals in the State.

•        Encourage joint venture projects with SMDC.

•        Clear mining lease applications and project report within 60 days.

•        Encourage foreign investment and technological collaboration by OCBs and NRIs in selected sectors including Mineral development.

•        Encourage Private Sector participation in Mining Activities

Jharkhand State Mineral Development Corporation Ltd. was incorporated on 7th May, 2002 after bifurcation from Bihar State Mineral Development Corporation Ltd. JSMDC is a Government of Jharkhand Undertaking under the Dept. of Mines & Geology, Govt. of Jharkhand. It is premier producer and supplier of minerals and mineral based products in the State of Jharkhand. Core business of the Company is production and marketing of coal, limestone and its powder, kyanite, graphite, granite blocks and manufacturing of granite tiles of smaller dimensions. JSMDC is a consistently making profit company. Annual turnover is more than 100 Crores in the current fiscal year.

 

 

 

Agro-Based Industries: Project Opportunities in Jharkhand

 

 

PROFILE:

 

Agro-based industry would mean any activity involved in cultivation, under controlled conditions of agricultural and horticultural crops, including floriculture and cultivation of vegetables and post-harvest operation on all fruits and vegetables. The development of agro-industries has assumed crucial importance in the economic planning and progress of the country. The agro industry is regarded as an extended arm of agriculture. The development of the agro industry can help stabilise and make agriculture more lucrative and create employment opportunities both at the production and marketing stages. The broad-based development of the agro-products industry will improve both the social and physical infrastructure of India. Since it would cause diversification and commercialization of agriculture, it will thus enhance the incomes of farmers and create food surpluses. The state of Jharkhand having diversified agro-climatic conditions is much suited for the development horticulture based economy that has ample scope for its growth.

RESOURCES:

The agro-climatic conditions of the State are conducive for commercial cultivation of large varieties of fruits, vegetables,flowers and medicinal and aromatic plants. Plantation and Horticulture is one of the important sub sectors of Agriculture having ample scope for expansion in the state of Jharkhand. The state of Jharkhand has a total geographical area of 79.7 lakh ha out of which cultivable land is 38 lakh ha. The net irrigated area is only 1.57 lakh ha which is only 8% of the net sown area. The total area occupied for plantation and horticulture crop in the state is about 2.57 lakh hectares. Different kinds of fruits are grown in Jharkhand. The crops grown in Jharkhand are Mango, Litchi, Stone fruit (Peach), Citrus (Lime/Lemon), Awla and Papaya in fruits, Chilli, Turmeric and Ginger in spices, Rose, Marigold, Gerbera, Carnation and Gladiolus among flowers, Lemon grass, Palmarosa and Rosa damascena in aromatic plants, Cashew in Plantation crops. Jharkhand endowed with vast impounded fresh water resources in the form of tank/ponds and reservoirs. The major plantation crops cultivated in the State are cashew nut and coconut. The Board has identified the State as high potential State for coconut cultivation as the average productivity of coconut palm is 36 nuts per palm, which is above the national average of 34 nuts. Cashew nuts popularly known as a gold mine of wastelands is very ideal for cultivation in wastelands and hence there is good potential for cashew cultivation especially in East and West Singhbhum districts. Tea plantation in a small measure has been taken up in Ranchi district, which has a favourable climate for growing tea.

 

 

 

GOVERNMENT POLICIES:

 

 The promotion of Agro-based industries is among the priorities of the State Government. The state has assured supply of fruits & vegetables grown by applying scientific techniques, investment in post harvest and good transport infrastructure. The National Horticulture Mission (NHM) in the Jharkhand State was launched in late 2005-06 initially in 10 districts with main focus on production of planting materials, vegetable seed production, establishment of new gardens, creation of water resources etc. Establishment of new gardens include perennial and non perennial fruits, spices, floriculture, aromatic and medicinal plants. This scheme was 100 % sponsored by Central Govt. during 2005-06 and 2006-07 (Xth Five Year Plan). However, during 2007-08 and onwards (XIth Five Year Plan) this scheme has been implemented in 15 districts with the pattern of assistance as 85:15 by Central Govt. and State Govt. respectively. The Jharkhand government has decided to set up a food park to kick off the development of the food processing sector in the state and attract investors. In general very few small scale food processing industries are present in the state.

 

 

 

 Sericulture (Tasar Silk): Project Opportunities in Jharkhand

 

PROFILE:

Sericulture is an agro-based industry. It involves rearing of silkworms for the production of raw silk, which is the yarn obtained out of cocoons spun by certain species of insects. The major activities of sericulture comprises of food-plant cultivation to feed the silkworms which spin silk cocoons and reeling the cocoons for unwinding the silk filament for value added benefits such as processing and weaving. Silk is a fine strand of fiber that is a solidified secretion produced by certain caterpillars to encase themselves in the form of cocoons. India is second largest producer of silk. Sericulture industry is looking out for the developments of young age silk worm rearing or chawki rearing. Care of silk worms start from the stage of procurement of silk worm eggs from the grainage itself. Silk worm eggs are distributed to the farmers for commercial rearing when active development of embryo is in progress. The important aspect of young silkworm rearing management are a suitable separate rearing house or room, well maintained mulberry garden with assured irrigation facilities. Sericulture has emerged as a virtual lifeline and a profitable employment avenue for villagers in Maoist-affected areas in India's eastern Jharkhand. Under the aegis of the Jharkhand state industrial department, farmers are beginning to rear silkworms.

RESOURCES:

Jharkhand, much like Chattisgarh and Uttaranchal, is endowed with adequate forest cover. These forests are home to two species of trees -Arjuna (Terminalia Arjuna) & Asan (Terminalia Tomentosa) which are breeding ground for the moth which produces the cocoon from which Tasar yarn is reeled. Jharkhand's forest department is also planning to encourage planting of Arjuna trees in place of the traditional Acacia or Eucalyptus trees. Tussar Food plants are available over an area of 9 lakh hectares. The Singhbhum and Santhalpargana regions are the main silk producing centres in the State. The State is promoting this activity through 28 pilot project centres situated in different areas. Each rearer can rear on an average 200 eggs or Disease Free Laying (DFLs) so the annual demand of commercial seed or egg is of 130 lakh. There are three types of seeds or eggs – Nucleus, Basic seed and Basic seed multiplied to commercial seed.

GOVERNMENT RESOURCES:

Tasar culture is a backbone for Tribal development, and the Government of India, through the Central Silk Board and different State Governments have initiated several developmental and welfare measures for the tribal welfare through it. Jharkhand's forest department is also planning to encourage planting of Arjuna trees in place of the traditional Acacia or Eucalyptus trees. Jharkhand Sericulture Development Institute (JSDI) and Jharkhand Silk Technical Development Institute (JSTDI) are being strengthened to give an impetus to this sector. During the year 2010-11, it is proposed to rear 2.35 lakh tasar nucleus DFLs, 16 lakh of tasar basic DFLs and 96 lakh of commercial DFLs through seed and commercial rearers in the State. It is proposed to be benefited 40,000 -50,000 Tasar farmers through Tasar seed production and its rearing during the year.

 

Steel Industry

 

PROFILE:

Steel Industry is a booming industry in the whole world. India’s economic growth is contingent upon the growth of the Indian steel industry. Consumption of steel is taken to be an indicator of economic development. While steel continues to have a stronghold in traditional sectors such as construction, housing and ground transportation, special steels are increasingly used in engineering industries such as power generation, petrochemicals and fertilisers. Indian Steel Industry is more than a century old. India has now emerged as the eighth largest producer of steel in the world with a production capacity of 35MT. Almost all varieties of steel is now produced in India. India has also emerged as a net exporter of steel which shows that Indian steel is being increasingly accepted in the global market. The growth of the steel industry in India is also dependant, to a large extent, on the level of consumption of steel in the domestic market. Steel consumption is significant in housing and infrastructure. In recent years the surge in housing industry of India has led to increase in the domestic demand for steel.

 

 

RESOURCES:

Jharkhand emerges as hub for steel companies. The state is endowed with deposits of Iron Ores of both, Hematite & Magnetite. The Hematite deposits are mainly located in the West Singhbhum District and have a resource base exceeding 3700 Million Tonnes. These have been explored only in pockets by large industry houses in their lease hold. There is a very good scope of enlarging this resource base by further exploration. The Magnetite Deposits are located in the East Singhbhum, Latehar & Palamu districts. They comprise lenticular ore bodies as well as Schist rocks with 80 to 36% magnetic. The exploration of these bodies is yet to be taken up. The existing steel mills are sourcing their iron ore (Hematite) from West Singhbhum. The Magnetite ore is being used in heavy media coal washeries & paints. Tata Steel's largest plant is located in Jamshedpur, Jharkhand, with its recent acquisitions; the company has become a multinational with operations in various countries. If the interest shown by all the companies, big and small, in Jharkhand's iron ore deposits translates into reality, the state will produce more than half the total steel in India. First Iron & steel factory  is located at Jamshedpur and Largest Steel plant in Asia is Bokaro steel plant.

 

GOVERNMENT POLICIES:

Under the new industrial policy, iron and steel has been made one of the high priority industries. Price and distribution controls have been removed  as well as foreign direct investment up to 100% (under automatic route) has been permitted.  The Trade Policy has also been liberalized and import and export of iron and steel is freely allowed with no quantitative restrictions on import of iron and steel items. Tariffs on various items of iron and steel have drastically come down since 1991-92 levels and the government is committed to bring them down to the international levels.  With the abolishing of price regulation of iron and steel in 92, the steel prices are market determined. The policy devises a multi-pronged strategy to achieve these targets with following focus areas; removal of supply constraints especially availability  of critical inputs like iron ore; improve cost competitiveness by expanding and strengthening the infrastructure in roads, railways, ports and power; increase exports; meet the additional capital requirements by mobilizing financial resources; promote investments by removing  procedural delays. In addition the policy also addresses challenges arising out of environmental concerns, human resource requirements, R&D, volatile steel prices and the secondary sector. 

 

Rural Industries: Project Opportunities in Jharkhand

 

PROFILE:

Rural industry is an important source of employment for workers shifting out of agriculture. The rural industry continues to play a significant role in the expansion ofemployment, improvement in productivity and earnings, and poverty reduction in many non-industrialized countries; this is particularly the case in India. This sector has immense export potential which needs to be exploited to earn foreign exchange. To give thrust, the government aims to provide benefits in the various areas such as handloom, handicrafts, khadi village industries, forest based industries etc.

RESOURCES:

Handloom is labour intensive cottage industry sector providing employment to around 1.5 lakh weavers throughout the State. Various incentives to the handloom weavers are being provided under Deendayal Hastkargha Protsahan Yojana, which aims attaking care of wide gamut of activities, such as basic inputs like looms and accessories, product development, infrastructure support, institutional support, training to weavers, supply of equipment and marketing support, both at micro and macro levels in an integrated and coordinated manner for an overall development of the sector and benefit to handloom weavers. Handicrafts of Jharkhand reflect the cultural heritage, customs and traditions of the State. The State manufactures handicrafts in cane and bamboo works, woodcarving, stoneware, brassware, Lac based handicraft items, paper mache, terracotta, etc. The State Government may set up a model suitable ‘Handicraft Village’ in each of the districts of the State for promoting the traditional arts and crafts of the villages by adopting the "One Tambon One Product" model of Thailand. Various forest produce available in the state are mahua seed, sal seed, shellac, bamboo, kendu leaf, harre, bahera, etc.

 

GOVERNMENT POLICIES:

Focus of the Rural Industrial Policy:-

1.       Providing ample employment opportunities through rural industries.

2.       Establishing rural industries and providing help on priority basis for skill enhancement, modern technology, and marketing especially for beneficiaries of scheduled caste, scheduled tribe, backward, and minority sections.

3.       Giving priority to participation of women in development of rural industries.

4.       Encouraging participation of private sector, non-governmental organizations, cooperative societies, and self help groups for development of rural industries.

5.       Implementing cluster approach.

6.       Value addition to the minor forest produce and medicinal herbs in the tribal areas of the state itself and passing on the benefits to the tribal population of the area.

7.       Connecting rural industries with E-commerce.

With the implementation of the Rural Industrial Policy, active participation of experienced craftsmen and industrialists in the field of handloom, handicraft, leather industry, other cottage industries and silk centers would be ensured for overall development of rural industries in the rural areas.

 

 

Tourism: Project Opportunities in Jharkhand

 

PROFILE:

Tourism is one of the fastest growing industries in the world. The number of tourists worldwide has been registering phenomenal growth and it is expected that this number would shortly touch 1.5 billion. Tourism contributes about 11% of the world work force and 10.2% of the global gross domestic products. The dynamic growth of this industry is evident from the fact that a new job is added to this sector every 2.5 second. Jharkhand is endowed with rich cultural heritage and bestowed liberally with bounties of nature. Various initiatives are being taken by the Government and other organizations to promote tourism here. Jharkhand is blessed with an exotic landscape: the rolling hills, beautiful plateaus, sparkling rivers, etc. that largely contribute towards tourism at Jharkhand. Besides, the national parks, wildlife sanctuaries, holy shrines and museums, etc. largely attracts tourists to come to Jharkhand.

RESOURCES:

Blessed with immense biodiversity, moderate climate, rich cultural and historical heritage, Jharkhand is fast emerging as an ultimate tourist destination in eastern India. Jharkhand Tourism Department is taking utmost initiative to promote tourism in Jharkhand. A good number of hotels run by Jharkhand Tourism and private hoteliers have come up at popular tourist spots, which cater to all segments of travellers. Several Jharkhand Tourism Information Centers have been opened up in various parts of the city. These information centers provide details about Jharkhand travel, hotels, tourist attractions, travel agencies, licensed Jharkhand tourism guides and other important travel tips to holiday makers. Some of the major tourist spots in Jharkhand that play a vital role in the tourism industry of Jharkhand are: Netarhat, Betla National Park, Baidyanath Dham so on. It is noteworthy in this context that Kanke Dam, Ranchi Hill, Tagore Hill, Hatia Dam, Dasham Falls, Jagannath mandir, Jonah Falls, Hoondru waterfalls, etc. are the projects under the Tourism Industry of Jharkhand that heavily contributes towards the economy of the State.

GOVERNMENT POLICIES:

Jharkhand has huge potential in tourism sector. The tourism potential of the state has not been exploited and at the same time tourist spots have not been highlighted at national and international level. Jharkhand government seems to be serious to promote tourism in the state. The State Government would set up a Jharkhand Tourism Development Board to facilitate enter departmental co-operation and coordination to promote Tourism in the State. This Board would be set up under the chairmanship of the Chief Minister of Jharkhand with the Tourism Minister as Vice-chairman and Principal Secretaries/Secretaries of other relevant departments as members. The Board would also have representatives of the Hotel Association, Travel Agents Association, Adventure Sports Operators Association, NGO's and other non-official members having outstanding contribution or expertise in the field of development and promotion of tourism industries. Financial assistance as grants-in-aid, etc would be provided (to this board). The Board would advise the Government to lay down the policy guidelines for the development and promotion of tourism industry in the State, to promote public-private partnership and public sector would undertake all steps to develop and promote tourism in the State.

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Acrylic Yarn Dyeing

Acrylic fibers are synthetic fibers made from a polymer (polyacrylonitrile) with an average molecular weight of ~100,000, about 1900 monomer units. The polymer is formed by free?radical polymerization in aqueous suspension. The fiber is produced by dissolving the polymer in a solvent such as N,N?dimethylformamide or aqueous sodium thiocyanate. Acrylic is lightweight, soft, and warm, with a wool?like feel. It can also be made to mimic other fibers, such as cotton, when spun on short staple equipment. Two ways of obtaining perfectly even distribution to dyestuff in acrylic fiber. Migration properties of the dyestuff can be utilized to get desired effect, provided the dyestuff is not immediately fixed during adsorption on fiber surface and fiber sites having affinity for dye stuffs are distributed evenly in fiber. The build up of dyestuff during first phase of dyeing can be controlled so that no migration takes place after absorption. Textile Dyes market is projected to grow at a CAGR of 7.25% over the projected period to reach US$7.982 billion by 2022, from US$5.625 billion in 2017. Textile dyes are used in the process of adding colors to textile products like fibers, yarns, and fabrics. Preference of natural dyes, growing demand for colored textiles and fibers and strong research and development investments in plant based dyes are the factors driving the market, whereas stringent environment laws, production overcapacity and raw materials price volatility are restraining the market growth. Growing demand for environment-friendly products is boosting the use of natural dyes in textile applications, which in further led to the increase in sales of dyes. Asia Pacific region is expected to witness highest market growth due to the increase in urban households, new applications of textile products and rapid growth in the online fashion market.
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Steel Furniture

With the growth of industrial, commercial and household activities the demand of office automation, equipments and steel furniture has increased considerably, Steel furniture is preferred over other kinds of furniture due to its durability, foldability (in many cases) and easy transportability. Steel furniture is home to the important role of masculinity, and now has become more and more attractive steel furniture. Steel furniture is both material goods, but also art, and this is often said that two important characteristics of stainless steel furniture. The steel almirahs, steel cup boards and steel chairs find their extensive use in industrial, commercial and household activities. These items are also used by various Govt. organizations. With the growth of industrial, commercial and household establishments, the demand of steel furniture items has increased considerably. Various Govt. organizations also procure these items directly or through annual rate contract system. Hence there is a good market potential for above items.
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Tailor's Chalk

Tailors' chalk is a square, circular or in the form of a triangular shaped product having a thickness of around 5mm. The product is used by the tailors for making on clothes, so that the cloth can be cut according to the marked lines. Tailors' chalks are manufactured in white as well as in various colours to be suitable for marking on clothes of various colours. A chalk-like material used for marking alterations on fabric in tailoring and dressmaking. The marks are brushed or washed off the material when no longer needed. Dressmaker’s chalk is one of the marking tools with the longest tradition in tailoring and sewing. The chalk slabs are an essential item in every tailor's or dressmaker's equipment. Tailor’s chalk is traditionally a hard chalk used to make temporary markings on cloth or a garment. This type of special chalk marks the spot on a garment where a garment might need to be taken in or let out, shortened or mark the placement of where to place an embellishment making it easy to see the exact placement. Tailor’s chalk usually comes in a rectangle shape that at times appears like a small piece of soap however, it can also be found in crayon shapes and in several different colors so that it can been seen on the marked object.
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Air Conditioner (Window Type)

An air conditioner is a system or a machine that treats air in a defined, usually enclosed area via a refrigeration cycle in which warm air is removed and replaced with cooler and more humid air. In construction, a complete system of heating, ventilation, and air conditioning I s referred to as HVAC. Window air conditioner is sometimes referred to as room air conditioner as well. It is the simplest form of an air conditioning system and is mounted on windows or walls. The evaporator side is located facing the room for cooling of the space and the condenser side outdoor for heat rejection. Window and room air conditioners use refrigeration principles to extract heat and moisture from room air, cooling and dehumidifying the air. The basic components inside the unit include a blower and/or fans for moving cooled air into the room and exhausting warm air, and refrigerant components for extracting heat from the air. Those components include a compressor, evaporator coil, refrigerant-filled tubing, and condenser coil. Most window and room air conditioners have thermostatic controls. Air conditioners are divided into two segments based on their application i.e. residential and commercial: Residential or room air conditioners are further sub-divided into window air conditioners and split air conditioners. Spilt air conditioners are popular in India whereas the market for window ACs is fast disappearing. In commercial segment, light commercial air conditioners, ducted & packaged, VRF and chillers are the various product types. Along with residential sector, commercial segment is also catching up with the increase in demand of commercial plots, offices, stores, factories and business apartments.
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Benzyl acetate

Benzyl acetate is found in alcoholic beverages. Benzyl acetate occurs in jasmine, apple, cherry, guava fruit and peel, wine grape, white wine, tea, plum, cooked rice, Bourbon vanilla, naranjila fruit (Solanum quitoense), Chinese cabbage and quince. Benzyl acetate is a flavouring agent Benzyl acetate is an organic compound with the molecular formula C9H10O2. It is the ester formed by condensation of benzyl alcohol and acetic acid. It is one of many compounds that is attractive to males of various species of orchid bees, who apparently gather the chemical to synthesize pheromones. Benzyl alcohol is an aromatic alcohol with the formula C6H5CH2OH. The benzyl group is often abbreviated "Bn" (not to be confused with "Bz" which is used for benzoyl), thus benzyl alcohol is denoted as BnOH. Benzyl alcohol is a colorless liquid with a mild pleasant aromatic odor. It is a useful solvent due to its polarity, low toxicity, and low vapor pressure. Benzyl alcohol is an aromatic alcohol with the formula C6H5CH2OH. The benzyl group is often abbreviated "Bn" (not to be confused with "Bz" which is used for benzoyl), thus benzyl alcohol is denoted as BnOH. Benzyl alcohol is a colorless liquid with a mild pleasant aromatic odor. It is a useful solvent due to its polarity, low toxicity, and low vapor pressure. Benzyl alcohol has moderate solubility in water (4 g/100 mL) and is miscible in alcohols and diethyl ether. The anion produced by deprotonation of the alcohol group is known as benzylate or benzyloxide. As a medication it is used to treat scabies and lice. For scabies either permethrin or malathion is typically preferred. It is applied to the skin as a lotion. Typically two to three applications are needed. Benzyl benzoate is a benzyl compound that can be synthesized by reacting benzyl chloride with sodium benzoate in the presence of tetrabutylaramonium iodide. It is reported to be the key constituent in the essential oils isolated from leaves and stem bark of Cinnamomum zeylanicum. Its toxicity has been assessed. The mechanism of thermal decomposition of benzyl benzoate has been investigated. The growing demand for benzyl acetate in the personal care industry across different regions of the world is anticipated to drive the global benzyl acetate market in the next few years. The major players operating in the benzyl acetate market are primarily focusing on the emergent countries for tapping their immense market potential. The key companies operating in the benzyl acetate market are installing gigantic production facilities in these developing countries to fulfill the swiftly rising local demand for benzyl acetate. Therefore, the global benzyl acetate market is expected to witness a noteworthy growth in the next years. Benzyl alcohol demand is projected to gain impulse with increasing demand from end use industries. Growing demand for paints and coating with rapid infrastructural developments in emerging economies such as India, China and Brazil is projected to drive the demand for benzyls alcohol over the forecast period. Further, growth in disposable income of middle class impelling the demand for automobiles which is subsequently fueling the demand for paints and coatings which in turn is driving the demand for benzyl alcohol. Paints and coating application accounts for major share of the global benzyl benzoate market. Thus, growing paint and coating industry is anticipated to drive the demand for benzyl alcohol over the forecast period. Besides this, increasing use of benzyl alcohol as an anti-parasite medication used to treat head lice. It is also used as a common preservative in many injectable drugs. Benzyl Benzoate covers the existing situation and the progress predictions of the Benzyl Benzoate Industry for 2018-2023. Benzyl benzoate is a kind of ester compound by condensation of benzoate and benzyl alcohol, there are a lot of important applications. It can mainly be used in textile auxiliaries, flavors and Fragrance, pharmaceuticals and plasticizer.
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Acid Washed Granulated Activated Carbon

The activated carbon is produced for use in ultra-pure water treatment systems requiring low conductivity and exceptionally high purity. This activated carbon is also specifically designed for the removal of heavy hydrocarbons from recovered condensate. The acid washing process removes soluble silica from the matrix of the activated carbon to prevent leaching into the condensate. Some of the benefits of Acid Wash carbon include Dechlorination of water, better taste, removal of bad odors, removal of color from water, removal of organic substances, etc. Acid wash carbon has extensive internal structure, neutral surface, maximum hardness, extended operational life, high volume activity, and rapid pH stabilization. Acid wash carbon is used in various applications such as Condensate de-oiling, semiconductor process water, dialysis treatment, point of entry treatment units, and protection of reverse osmosis membranes from chlorine and organic fouling. Activated carbon is used in various industries for air purification, groundwater remediation, spill clean up and drinking water filtration. Governments across the globe are offering subsidies for water as well as air purification. These grants coupled with rapid industrialization particularly in regions such as Asia Pacific is forecasted to benefit the overall global market growth. Activated carbon used in liquid phase accounted for 52% of the overall market. The product aids in the removal of VOCs and chlorine from drinking water. They also assist in the removal of dissolved radon, lead, and odor-causing compounds. Activated carbon, due to its effectiveness in removing impurities, is widely used in water and wastewater treatment. Governments across the globe are investing heavily in water treatment plants to provide their citizens, proper access to clean water. China has invested over USD 4.5 billion in improving the clean water supply.
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Dehydration of Lime Fruit, Dried Lemon, Dry Lemon and Dehydrated Fruit

Drying or dehydration is a process through which moisture or water content is removed from the food. Removing of water content from food makes them lighter and smaller. It helps in preservation of food for longer period of time. Dehydrated food do not require any refrigeration while preserving at home or at the time of consumption. Moreover, dehydrated food is ideal for preserving seasonal fruits and vegetables. Dehydrated food offer high nutritional value, easy storage properties and availability at low price, which is driving the demand of dehydrate food across the globe. Dehydrated food market can be segmented on the basis of technology which includes spray dried, freeze dried, vacuum dried, sun dried, hot air dried and others. Traditionally among all these segments sun dried process of dehydration was the major segment in terms of usage by food manufacturers followed by hot air dried process. However due to the introduction of new technology spray dried is expected to account for largest share in terms of market revenue contribution, followed by freeze dried during the forecast period. Vacuum dried segment is expected to show a consistent growth as compared to others. Limited usage in food products is expected to be the restraining factor for the growth of vacuum dried technology in dehydrated food market in the near future. The Dried Fruit and Vegetable Production industry has recovered steadily over the past years. Producers benefited from improving economic conditions, as well as shifting consumer preferences. As the economy continued to strengthen, renewed consumer spending helped boost demand for fruit bars, vegetable chips and other mixed snack foods that include dried fruit and vegetable inputs.
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Ferric Chloride Solution

The ferric chloride test is a traditional colorimetric test for phenols, which uses a 1% iron(III) chloride solution that has been neutralised with sodium hydroxide until a slight precipitate of FeO(OH) is formed. The mixture is filtered before use. Ferric chloride solution is a colorless to light brown aqueous solution that has a faint hydrochloric acid odor. Highly corrosive to most metals and probably corrosive to tissue. Noncombustible. Used in sewage treatment and water purification. Ferric chloride is a brownish liquid which has a pungent odor which is similar to that of hydrochloric acid. It also exists in solid lump form or in anhydrous powder form. Ferric Chloride or Iron (III) Chloride is used as a flocking agent in drinking water and waste water treatment in various industries. When small amount of ferric chloride is added in water, ferric hydroxide precipitates and absorbs the suspended impurities. Ferric chloride is generally used as a concentrated solution with minimum concentration of 40% w/w. Moreover in few industrial applications, ferric chloride is also used in crystalline solid form. Aqueous ferric chloride solution is acidic in nature and corrosive to most metals. Ferric chloride is most commonly produced from chlorine gas and pickling liquors. Moreover, ferric chloride produced as a byproduct of manufacturing titanium dioxide is also used in many industries. Consumption in the United States is forecast to grow at 1.3% annually during 2016-21. Ferric chloride producers tend to have a regional, rather than a national outlook, because transportation costs are significant. More than 80% of all ferric chloride is sold in municipal bids, with 53% sold for municipal wastewater applications, and 37% for potable water treatment applications. Industrial water treatment applications account for 6% of consumption, with the remaining 5% sold in nonwater treatment applications, such as electronic and photographic etchants, metal surface treatment, and as a catalyst. Much of the etchant activity has moved to Asia.
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Return: 1.00%Break even: N/A
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Sindur Roli Bindi & Gulal

Sindoor is an orange/red colored powder used by the Hindu community for religious and cultural purposes. Married women may wear sindoor in the part of their hair to indicate marriage status. Women may also w ear sindoor as a dot or “bindi” on their foreheadsfor cosmetic purposes, or, along with men, may wear it for religious purposes. The red colour is connected with rajas, one of the three constituents of prakriti (nature) that is sattva, rajas and tamas. These three constituents of prakriti represent goodness, passion and darkness. Each of these is represented by a colour. White colour is for goodness, red is for passion and black is for darkness and ignorance. These three constituents of prakriti are described in Sankhya philosophy of Hindu religion. The red colour of bindi or sindoor represents the passionate aspect of prakriti. The red implies also love, fertility and strength. Sindoor (vermilion) is sublimed mercuric sulfide and is a brilliant red pigment. Bindi originally is a round mark on the foreheads of Hindu females. Bindi is derived from the Sanskrit word bindu meaning dot or drop. Making a mark on the forehead is a very old tradition among Hindu men and women. The old name for this mark is tilaka. Tilaka is made with coloured earth, ashes of yajna (the fire offering), sandalwood paste or unguent. The term tika or tikka is a distorted form of the term tilaka. The positioning of the bindi in between the eyes is significant. According to the Indian sages, the area between the eyebrows is the seat of latent wisdom. This point between the eyes, known by various names such as Ajna Chakra, Spiritual Eye, and Third Eye, is said to be the major nerve center in the uman body. In the Kundalini yoga and Tantric tradition during meditation, the "kundalini" - the latent energy that lies at the base of the spine is awakened and rises to the point of sahasrara (7th chakra) situated in the head or brain. The central point, the bindu, becomes therefore a possible outlet for this potent energy. Gulal also known as Abeer is the traditional name given to the coloured powders used for the typical Hindu rituals, in particular for the Holi festival. During this festival, which celebrates love and equality, people throw these powder solutions at each other while singing and dancing. Abeer' is made of small crystals or paper like chips of mica. This is usually mixed with the gulal to give it a rich shine. These colors can be used dry, or mixed with water. Colored powder (Gulal) is bought and prepared, long syringes called 'pichkaris' are made ready and water balloons are bought and filled. Gulal powder has always had an important role in Hindu culture and has always been used for religious purposes.
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Return: 1.00%Break even: N/A
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Opportunities in Production of Monochloroacetic Acid (MCAA)

Opportunities in Production of Monochloroacetic Acid (MCAA). An essential ingredient in the Chemical Industry Monochloroacetic Acid (MCAA) is a specialty organochlorine compound, also known as chloroacetic acid. It is the building block in organic synthesis, and is hence used in the production of various chemical compounds, drugs, and agrochemicals. Significant amount of MCAA is consumed for the production of carboxymethylcellulose (CMC), thioglycolic acid, USP grade glycine, and technical grade glycine, which is a major precursor to the production of glyphosate. Monochloroacetic acid is a colorless, crystalline, water-soluble compound obtained by the reaction of acetic acid with chlorine. It is used to manufacture versatile intermediates required to synthesize chemicals such as carboxymethyl cellulose (CMC), 2, 4-D, glycine, thioglycolic acid, synthetic caffeine and barbiturates. Monochloroacetic acid is a halogenated derivative of acetic acid that is used as a building block in organic synthesis. It exists in three crystal modifications: alpha, beta and gamma. Commercial MCA is produced in the alpha form and is available as flakes or in water solution. Major end-user industries for monochloroacetic acid include oil drilling, personal care, agrochemicals, construction and dyes. Monochloroacetic acid is used on a large scale in the production of carboxymethyl cellulose. The extensive use of carboxymethyl cellulose in oil drilling is forecast to drive the global monochloroacetic acid market. The rising demand for agrochemicals such as glyphosate is also expected to augment the monochloroacetic acid market. However, the manufacturers of monochloroacetic acid are constantly challenged by the volatility of the prices of raw materials such as methanol and acetic acid. This will curtail the growth of the market. Chloroacetic acid is used widely in various activities in mining. The rising taconite and iron ore mining activities will create new opportunities for the global monochloroacetic acid market. Monochloroacetic acid (MCA) is broadly used in chemical industries in the manufacture of carboxymethyl cellulose (CMC). Hence, the demand for CMC is expected to rise exponentially due to an increase in industrial applications. Moreover, rising population and increasing demand for agricultural products is expected to trigger growth of monochloroacetic acid. Increasing demand from glyphosate is also likely to boost the demand for monochloroacetic acid during the years to come. Cellulosics, agrochemicals, thioglycolic acid, surfactants and others are the key application segments of monochloroacetic acid market. Cellulosics was the largest application market for monochloroacetic acid market. Cellulosics segment accounted for over 30.0% share of total market, in 2014. Agrochemicals application segment is expected to be the second largest segment in this market. Thioglycolic acid, surfactants and others application are also expected to dominate the global monochloroacetic acid market. Being a major intermediate constituent in the synthesis of organic components, it is mainly applied in the production of carboxymethylcellulose and starch as the thickening agent for paper, oil drilling, detergents, pharmaceutical, and food applications. Monochloroacetic acid is also used in the manufacturing of insecticides such as dimethoates, as a raw material for betaine personal care product, in agrochemical production such as MCPA herbicides, thioglycolic acid ester as additives in cosmetics, and thioglycolic acid for UV-light stabilizer and even in synthetics caffeine, glycine, and vitamin and malonates production. This vast scope of application demands large amounts of monochloroacetic acid. The global monochloroacetic acid market is mainly driven by increasing demand for the production of carboxymethylcellulose, thioglycolic acid, and glycine. Significant amount of monochloroacetic acid is consumed for the production of CMC, also called as cellulose gel. Use of monochloroacetic acid imparts viscosity boosting and emulsion stabilization properties. Apart from these properties, use of MCAA in CMC production offers alteration of flow and texture of the product. Such attributes impel the use of CMC in the food & beverages industry for applications such as powdered drinks, alcoholic and non-alcoholic beverages, and ice-cream. CMC is also widely preferred over synthetic and natural glues, which is expected to drive its demand, and in turn is expected to increase the consumption of MCAA for CMC production. These factors are likely to boost the revenue growth of the global monochloroacetic acid market over the forecast period. Monochloroacetic acid is a basic raw material for the production of various herbicides and insecticides. Chlorpyrifos and triclopyr are widely used insecticides that are also derived from MCAA. However, the MCAA route to produce symtet generates significant amount of hazardous waste. Also, production facilities that are operated by the MCAA route face challenges such as high operation and maintenance costs that arise due to the corrosive nature of MCAA. Hence, symtet production by the MCAA route is a major challenge for producers operating in the global monochloroacetic acid market. Pharmaceutical, paper, textiles, personal care, food & beverages, oil & gas, and chemical industries are the primary drivers for the global monochloroacetic acid market. These rapidly growing industries, especially in China and India, will foresee huge industry growth in the coming years. Growing textiles industry on account of changing fashion trends, increasing population and purchasing power parity will further fuel the monochloroacetic acid market demand in future years. Rapid growth in the above-mentioned industries has made China a preferred destination for relocation of global manufacturing facilities. Furthermore, China and India are also agricultural economies and produces synthetic fibers, jute bags, cloth, and yarn. Presence of several such industries are resulting in greater monochloroacetic acid market demand in these countries. Growing population in emerging and change in fashion sense resulted in surge in demand for clothing and textile industry. This also expected to have positive impact on the overall market. Textile industry uses this acid as an intermediate for the fusion of indigo dyes. Betaine amphoteric surfactant which is a byproduct of monochloroacetic acid is used in the production of various hair products. Plastic industry uses monochloroacetic acid for processing PVC resins. Oil & gas industry includes this acid in drilling purposes, which requires carboxy methyl cellulose in bulk. Such diverse range of applications is expected to srive the overall monochloroacetic acid demand over the next seven years. However, volatile raw material prices may emerge as a major concern for the market growth. Ethanol which is one of the most important raw materials used in the production process of this acid is a petroleum product. Agrochemicals segment will witness growth with over 2% CAGR in the forecast period, the segment finds maximum usage in agriculture based economies such as India, China, and Brazil. The monochloroacetic acid market in these regions will grow at an exponential rate owing to high usage of agrochemicals for crop safety and soil fertility. Moreover, they also help to enhance the crop properties and give maximum yield to the farmers. These factors will drive the regional monochloroacetic acid market largely. 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Return: 1.00%Break even: N/A
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