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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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Plastic Spectacle Frame

Plastic frames are affordable and come in a variety of styles and colors. Like metal frames, there are numerous types of plastics; whichever one works for you depends on your personality. One of the options that is known for being sturdy and lightweight is zyl. It is both cost-effective and stylish, coming in a variety of colors and shapes. Another option is nylon plastic. Also lightweight and strong, nylon plastic is virtually unbreakable and; thus, popular among athletes. Unfortunately, though, nylon frames tend to weaken over time due to sun exposure and are only available in darker colors because of its material. Another plastic frame option is acetate – they are hypoallergenic and come in a variety of colors and can really make a bold statement. A structure in plastic for enclosing or supporting ophthalmic lenses. Common materials include carbon fibre composite materials, which are a mixture of principally carbon and nylon in different percentages, cellulose acetate, cellulose propionate, nylon, epoxy resin (trade name Optyl), and Perspex and Plexiglas (which are both trade names for acrylic plastics containing mainly polymethyl methacrylate). The rise in disposable income has resulted in the increased purchase of eyeglasses, especially spectacle frames and sunglasses, which are perceived as a fashion accessory. Consumers are likely to buy a new set of eyeglasses or replace the old ones. Furthermore, the growing preferences of luxury and branded sunglasses are contributing significantly to the eyewear demand. Consumers are exhibiting preferences towards the premium product segment and are willing to spend more on these products. Vendors have introduced innovative eyewear products to cater to various needs of the customers.
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Return: 1.00%Break even: N/A
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Metal Spectacle Frame

Metal frames are basically the classic in the glasses world, they are like what a Ford Thunderbird is to the car world. They are the most durable. They come in variety of metals, including titanium, flexon, and stainless steel. These frames typically have more options available when it comes to texture, patterns and colors. The great option is flexon, which is considered a memory metal. It is strong, flexible, lightweight and hypoallergenic, perfect for the athlete (or those of us who want to pretend that we are athletes). There are stainless steel frames. These frames are also lightweight and corrosion resistant and great for a budget friendly person. Metal is expected to surpass USD 30 billion by 2024. Increasing preference for thin and lightweight material is anticipated to propel demand. Flexibility and durability along with aesthetic appearance are among the key features driving product penetration. Monel is the most common metal frame used globally and estimated to hold 18% of industry share in 2016. It is a mixture of many different materials as a result fairly corrosion resistant and is malleable enough to be durable and adjustable. Trivex are expected to grow at over 3.5% up to 2024. Increasing material demand owing to UV radiation absorption and impact-resistant properties will fuel the product demand.
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Tomato Powder

Tomato powder is manufactured by dehydrating tomato and creating a fine powder. Tomato powder is one of the most widely used ingredient in food and beverage industry. It is rich in flavor which has increased its application in various product lines such as seasonings and savories, soup mixes, snack foods, curries and gravies, baby foods and many more. Tomatoes have high levels of glutamic acid, which is the molecule that creates a majority of the umami taste. Tomato powder is the most effecient way to store dehydrated tomatoes. The powder consists of just one ingredient: dehydrated natural tomatoes. It’s an awesome option not only for replacing tomato juice, paste, and sauce, but it can also add flavors in unexpected places. Tomato powder has a wide range of application in food and beverage industry owing to its rich flavoring attribute. Moreover, tomato contains a lot of health promoting phytochemicals and is rich in anti-oxidants which helps to keep skin cells healthy and keep ageing at bay. This has contributed to the growth of tomato powder market in cosmetic industry. Moreover, its use as a healthy supplement is bringing surge in the tomato powder market.
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Rolling Mill

A rolling mill which uses the "hot rolling" method is capable of processing more gross weight of metal than any other manufacturing process. Rolling mills which use the "cold rolling" method can process the most tonnage from the entire range of cold working processes. There are many types of rolling processes used in rolling mills, including ring rolling, roll bending, roll forming, profile rolling, and controlled rolling. Rolling is a metal forming process in which metal stock is passed through one or more pairs of rolls to reduce the thickness and to make the thickness uniform. The concept is similar to the rolling of dough. Rolling is classified according to the temperature of the metal rolled. If the temperature of the metal is above its recrystallization temperature, then the process is known as hot rolling. If the temperature of the metal is below its recrystallization temperature, the process is known as cold rolling. In terms of usage, hot rolling processes more tonnage than any other manufacturing process, and cold rolling processes the most tonnage out of all cold working processes.
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Tobacco Tooth Powder, Tooth Powder from Tobacco Dust

In India, there is a widespread misconception that tobacco is good for the teeth. Tobacco products are popular as a dentifrice in different parts of India and children also use such dentifrices. Among female smokeless tobacco users, the dominating form is tobacco toothpowder (41.3%). Among men it was khaini (57.1%) followed by tobacco toothpowder (8.8%). Many companies take advantage of this misconception and exploiting the addictive nature of nicotine by packaging and positioning their products as dental care products without explicitly stating so. Oral hygiene has assumed great importance in Indian households in the recent past and fast moving consumer goods (FMCG) companies are arming themselves to the teeth to capture a large share of this fast growing market. India oral care market has shown tremendous growth by value & volume in last few years in FMCG sector of India. Growing oral care market is driven by change in life style of consumers, demand of premium products, rising of disposable income etc. Penetration level of oral care products in urban area is high. India Oral care market is fragmented in 5 categories includes toothpaste, toothbrushes, toothpowder, mouthwash and others. Toothpaste is dominant in oral care market. It is a primary product in daily oral hygiene has huge presence in urban and rural area. Increasing health and personal oral hygiene, Indians are now more aware how their diet affecting their teeth and mouth. Indian is now willing to pay more for prevention attention. This has helped toothpaste category to grow drastically in oral care market.
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Manufacturing of Sodium and Ammonium Molybdate

Global Inorganic Chemicals Market to Grow 4.5% by 2022. Manufacturing of Sodium and Ammonium Molybdate. Project Opportunities in Production of Inorganic Compound Sodium Molybdate Sodium Molybdate also known as disodium dioxide (dioxo) molybdenum is a chemical compound extensively consumed in fertilizer application. Other uses of sodium molybdate include nutritional supplement in food industry and as corrosion inhibitor in industrial applications. Sodium molybdate is often found as dehydrate and was first synthesized by the method of hydration. Sodium molybdate is an organic salt which is found in dietary supplements and other nutritional supplement. Sodium molybdate is a good source of molybdenum, it is used to for nitrogen fixation to support healthy growth of leguminous plants such as peas & leans, clover & Lucerne. Sodium molybdate is used as corrosion inhibition in industry. In addition, sodium molybdate is also used for reducing nitrite requirement of fluids inhibited with nitrite-amine in chemical plants and improves corrosion protection. Sodium molybdate is a chemically altered form of the mineral element, sodium. Sodium is a natural salt, and sodium molybdate is used in the food industry as a fertilizer and nutritional supplement for health. The agricultural industry uses large quantities of sodium molybdate as fertilizer, particularly on vegetables such as broccoli and cauliflower. It is also fed to some cattle to help treat copper deficiencies. As a result of its use on food products you consume, trace amounts of sodium molybdate may end up in the food supply. Sodium molybdate in your food can have a variety of effects on your body, although its complete effects are not fully understood. Sodium Molybdate is useful as a source of molybdenum. It is often found as the dihydrate, Na2MoO4•2H2O. The molybdate (VI) anion is tetrahedral. Sodium molybdate can help correct a sodium deficiency by adding extra sodium to your body; however, sodium molybdate is ingested in such small amounts its contribution to your overall sodium stores is probably negligible. Once in your body, the molybdenum molecule is cleaved off of the sodium molecule and can have positive effects on your health. Rapid industrialization across the globe is leading to increasing discharge of waste water and associated chemicals in to ecosystem, stringent government regulations on water disposal and environmental safety is leading towards increasing capacities of chemical and water treatment. Sodium molybdate is used for corrosion inhibition and water treatment in these facilities. Such investments in these facilities are expected to drive sodium molybdate consumption across the globe. Sodium molybdate is emerging as possible alternative additive for sodium dichromate in the electrolytic production of sodium chlorate to reduce environmental impact without hampering performance in maintaining high current efficiency. Increasing use of sodium molybdate for aforementioned applications is a growth factor for sodium molybdate consumption in near future. Global Sodium molybdate market can be segmented on the basis application, product type, and region. Applications of sodium molybdate has a wide span, due to low toxicity it is used in wide array of applications such as in inks, dyes and pigments, fertilizers, ingredients in food and water treatment agents. It is also used in pharmaceutical industry as an analytical reagent. On the basis of prominent applications, global sodium molybdate market can be segmented as: • Water treatment • Fertilizer • Pigments & dye • Corrosion inhibition • Others Ammonium Molybdate Ammonium Molybdate is an odorless crystalline compound ranging in color from white to yellow-green. Ammonium Molybdate also called molybdic acid hex ammonium, salt tetrahydrate, ammonium molybdate tetrahydrate, and ammonium heptamolybdate tetrahydrate. Molybdate is an odorless compound containing molybdenum and oxygen ions. Ammonium molybdate is an organic compound, which is manufactured by reacting molybdenum trioxide in the presence of excess ammonia. The compound is available in different physical forms: solid powder, liquid, crystals, and chunks. Uses: • As an analytical reagent • Presence of phosphates, silicates, • Arsenates and lead in pigments • In the production of molybdenum metal • In the preparation of dehydrogenation • In the fixing of metals • In electroplating • In fertilizers for crops. The compound is also used as a catalyst in production of polymers and other commercial chemical processes. Ammonium molybdate is also applied as an intermediate in some industries. Due to bright color of molybdate, the compound is employed in paints, inks, and as an indicator & reagent in different colorimetric chemical experiments. Ammonium molybdate is employed as an analgesic in the medical industry. It is employed as a source of molybdate ion for the production of molybdenum metals and ceramics. Ammonium molybdate is manufactured in different grades such as reagent & technical grade, laboratory grade, food & pharmaceutical grade, and industrial grade. These grades are utilized in different industries. Based on region, the ammonium molybdate market can be divided into Asia Pacific, Europe, Middle East & Africa, North America, and Latin America. The global Ammonium Molybdate Market industry has experienced an astonishing change structure-wise such as enhancements in technology, increasing raw material costs, manufacturing base been channeled to Asian countries, novel promising growth markets, etc. The global ammonium molybdate market can be segmented based on product type, application, end- use industry, and region. In terms of product type, the ammonium molybdate market can be segmented into ammonium orthomolybdate, ammonium molybdate tetrahydrate, ammonium octamolybdate, and others. Ammonium molybdate tetrahydrate is also known as ammonium heptamolybdate. It is manufactured by liberating ammonium upon heating ammonium orthomolybdate. In terms of application, the market can be divided into analytical reagent, fertilizers & micronutrient, catalyst, metals & ceramic, electroplating, corrosion inhibitor, pigment, and others. Ammonium molybdate is used in end-use industries such as chemical manufacturing, molybdate products, life science, research & laboratories, and others. Demand for ammonium molybdate is expected to be higher in the chemical manufacturing segment in the next few years. Increasing cost of raw materials and toxicity of ammonium molybdate are estimated to restrain the ammonium molybdate market. The compound is harmful for eyes, skin, kidneys, blood, and respiratory tract if swallowed or inhaled. Asia Pacific is estimated dominate the market in the near future. Industrial and economic growth in the region, and increase manufacturing capacities are boosting the ammonium molybdate market in Asia Pacific, particularly in China, Japan, and India. The ammonium molybdate market is anticipated to expand at a rapid pace in North America. Tags Sodium Molybdate, Molybdenum Compounds, Sodium Molybdate Food Grade, Molybdate Manufacturing Company, Sodium Molybdate Production, Sodium Molybdate Dihydrate Production, Sodium Molybdate Production Process, Sodium Molybdate Dihydrate (Smc), Manufacture Process for Ammonium Molybdate and Sodium Molybdate, Ammonium Molybdate, Chemical Compound, Sodium Molybdate (Na2moo4), Sodium Molybdate Solution, Molybdenum Industry, Sodium Molybdate (Vi), Preparation of Ammonium Molybdate Solution, Ammonium Orthomolybdate, Ammonium Heptamolybdate, Process for Producing Ammonium Molybdate, Ammonium Molybdate Production Technology, Ammonium Molybdate Production, Method for Producing Ammonium Heptamolybdate, Ammonium Molybdate(Vi), Ammonium Molybdate Solution Formula, Ammonium Molybdate Uses, Production of Ammonium Molybdate, Ammonium Molybdate, Preparation of Industrial Ammonium Molybdate, Ammonium Molybdate Solution, Ammonium Molybdate Manufacture, Ammonium Molybdate Production project ideas, Projects on Small Scale Industries, Small scale industries projects ideas, Project Report on Ammonium Molybdate Production Industry, Detailed Project Report on Sodium Molybdate Production, Project Report on Sodium Molybdate Production, Pre-Investment Feasibility Study on Sodium Molybdate Production, Techno-Economic feasibility study on Ammonium Molybdate Production, Feasibility report on Ammonium Molybdate Production, Free Project Profile on Sodium Molybdate Production, Project profile on Sodium Molybdate Production, Download free project profile on Ammonium Molybdate Production
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Investment Opportunity in Bicycle and Cycle Rickshaw Manufacturing Industry

Investment Opportunity in Bicycle and Cycle Rickshaw Manufacturing Industry. Best Industry for Starting a Business. Bicycles are one of the world's most popular modes of transportation, with some 800 million bicycles outnumbering cars by two to one. Bicycles are also the most energy-efficient vehicle—a cyclist burns about 35 calories per mile (22 calories per km), while an automobile burns 1,860 calories per mile (1,156 calories per km). Bicycles are used not only for transportation, but for fitness, competition, and touring as well. They come in myriad shapes and styles, including racing bikes, all-terrain bikes, and stationary bicycles, as well as unicycles, tricycles, and tandems. Bicycles are widely used for transportation, recreation, and sport. Throughout the world, bicycles are essential to moving people and goods in areas where there are few automobiles. Intensifying traffic congestion issue and elevating fuel prices are foreseen to remain the key factors driving the need for cycling, and raising the demand for bicycles thereby. Growing health concerns among consumers, in addition to surging acceptance of green transportation in an effort to reduce carbon footprint, will play a pivotal role in the growth of global bicycle market in next eight years. Moreover, increasing government support encouraging adoption of bicycles and rapid development of dedicated cycling infrastructure in developed as well as developing economies will reportedly push the sales of bicycles in upcoming years. A growing application base of bicycles in trekking and recreational activities, coupled with a soaring number of cycling events will specifically uplift the demand for sports bicycles in near future. A bicycle is a common mode of transport for people in rural areas particularly within low income societies, but is continuously gaining traction in urban areas as well especially among successful and affluent people. The Indian bicycle market comprises of mainly roadsters, fancy, kids and other types of bicycles. Other bicycles include cycles meant for different purposes like mountain bikes, sports bike, hybrid bike, touring bike, etc. The categorization of bicycle market can be done based on end user viz. retail sector and institutional sector. Retail sector encompasses residents or people who buy bicycles for their personal use or for their near and dear ones from retail outlets. Whereas institutional sales are usually done in bulk and the prospective customers include Central or State Governments or societies or clubs at times. The bicycle market in India is projected to grow at a CAGR of over 11%, during 2016-2021, on account of growing population base, increasing discretionary spending and rising health consciousness among people. In India, cycling is being swiftly adopted as a means to stay fit and as a popular recreational activity. Further, many of state governments have started construction of dedicated bicycle lanes in major cities to encourage cycling, as an environment friendly means of transportation. Large share of the country’s total population is based in rural areas, where roadster bicycle is an important mode of transportation. With constant increase in volume demand for roadster bicycles in India, the segment is anticipated to continue dominating India bicycle market. Due to unavailability of efficient transportation facilities and appropriate road network in rural part of India, roadster bicycles are extensively used for transportation. Moreover, many state governments have also distributed bicycles to school children India, one of the fastest growing economies in the world, is witnessing high demand for sports bicycle. Growing focus on fitness and health, and increasing trend of using cycles to commute to work is projected drive sales of sports bicycles in the country during the coming years. On the back of growing demand for sports bicycles in the country, many international players have introduced their products in India bicycle market. Although, India has emerged as one of the major manufacturers of bicycles in the world, the country imports considerable number of high-end or premium bicycles from other countries to address domestic demand for high end bicycles. As sharing and rental services are currently gaining higher traction in the global bicycle market, stakeholders are increasingly striving to adapt to this trend. Moreover, a large number of corporate embracing cycling as a sustainable alternative to commute will be a significant factor impacting the sales of bicycles in next few years. At a moderate CAGR of 4.2%, the global market for bicycle will attain the revenue approaching US$ 80 Bn during 2018-2026. The market was valued at around US$ 55 Bn in 2017 and holds optimistic growth prospects over the assessment period. The global bicycle market is expected to grow moderately over the next few years. Adoption of a healthy lifestyle among people has given rise to fitness consciousness. Increasing popularity of mountain biking as a sport has propelled the sales of marketing bikes. Additionally, rising fuel costs, increased congestion on roads, lack of parking space, etc., are some of the drivers expected to spur bicycle market growth. Another key factor that is expected to drive this market is the increased focus on eco-friendly means of transportation in order to curb pollution. Bicycles are emerging as alternatives for shorter distance transportation that cause no pollution. Moreover, regulatory initiatives to promote cycling in order to reduce harmful carbon emissions and noise pollution are expected to be favorable for industry growth. In most of the developed countries, there has been a strong cycling facilities construction and bicycle facilities have received good support from the Governments. High energy efficiency along with perception of cycling as a fitness activity has contributed to increase in demand. Increasing costs of raw materials and growing demand and popularity of fuel driven bikes or motor bikes may hamper market growth in the coming years. The absence of cycling tracks in most parts of developing countries like India due to saturation of road width and inability of further road expansion can be a hindrance to the growth of this market. The Cycle Rickshaw is a small-scale local means of transport; it is also known by a variety of other names such as bike taxi, velotaxi, pedicab, bikecab, cyclo, beca, becak, trisikad, or trishaw. A Cycle Rickshaw is often hailed as environment-friendly and an inexpensive mode of transportation. Since it is considered as Indian traditional ride they are almost used in each and every part of India which includes villages, small towns, metros, heritage sites etc. In metros these are used inside institutional areas, market places and also in narrow and crowded lanes where there is accessibility problem for vehicles. Cycle Rickshaw - Doorstep service. - Convenient for Local Shopping. - Important Source of livelihood for the Poor. - Cost Efficient. - Poor Man’s Taxi. - Safe Transport for Local Schools. - Use for Garbage Collection. - Inexpensive and convenient mode of carrying goods over short distances. - A Tourist Attraction. - A Home and Rest Place Away from Home. - They do not require petroleum fuel and are thus inherently non-polluting. There are guesstimates that close to 1 million cycle rickshaws ply on the Indian roads carrying about 3-4 billion passengers-km/year. In some cities they are the major means of transport. They provide employment to about 700,000 rickshaw pullers, are very maneuverable and are completely non-polluting and hence environmentally friendly means of transport. It is very unfortunate that deliberate policies in most of the urban towns have been made by the concerned authorities to phase out these rickshaws. Hence these nonpolluting vehicles are being replaced by polluting (both air and noise wise) petrol and diesel powered 3wheelers. One of the reasons for authorities to phase out these rickshaws is because they are considered humanly degrading. An electric cycle rickshaw can take care of this issue besides providing extra income to a rickshaw puller. Cycle rickshaws also play a crucial role in employment and poverty alleviation in many countries in Asia. In most developing countries, the rickshaw pullers are migrant workers from rural areas looking for employment in urban areas. Rickshaws are one of the most important contributors to the Bangladeshi economy; nearly 6 % of Bangladesh’s GDP is contributed by rickshaw pullers. Around 20 % of the Bangladeshi population relies directly or indirectly on rickshaw pulling. Tags Bicycle Manufacturing Process Pdf, Bicycle Manufacturing Project Report, How are Bicycles made? Bicycle Manufacturing Business Plan, Manufacturing Process of Bicycle, Bicycle Industry, Bicycle Manufacture Business Plan, Bicycle Manufacturing, Bicycle Manufacture, Bicycle Manufacturing Industry, How to Start Bicycle Factory, Bicycle Manufacturing Industry, Bicycle Production, Cost of Setting Up a Bicycle Manufacturing Plant, Bicycle Plant, Project Profile on Bicycle Production, Rickshaw Manufacturing Company, How to Start Rickshaw Manufacturing Business, Bicycle Manufacturing Project Report, Bicycle Manufacturing Business, Bicycle Business Opportunity in India, How to Start Your Own Bicycle Business, Cycle Rickshaw, Bicycle and Cycle Rickshaw Manufacturing, Cycle Rickshaw Manufacture, Cycle Rickshaw Factory, Bicycle and Cycle Rickshaw Project Report, Rickshaw Manufacturing Company, Project Report on Bicycle Manufacturing Industry, Detailed Project Report on Rickshaw Manufacturing, Project Report on Rickshaw Manufacturing, Pre-Investment Feasibility Study on Bicycle Manufacturing, Techno-Economic feasibility study on Bicycle Manufacturing, Feasibility report on Rickshaw Manufacturing, Free Project Profile on Bicycle Manufacturing, Project profile on Rickshaw Manufacturing, Download free project profile on Bicycle Manufacturing
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Return: 1.00%Break even: N/A
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Investment Opportunity in Bicycle and Cycle Rickshaw Manufacturing Industry

Investment Opportunity in Bicycle and Cycle Rickshaw Manufacturing Industry. Best Industry for Starting a Business. Bicycles are one of the world's most popular modes of transportation, with some 800 million bicycles outnumbering cars by two to one. Bicycles are also the most energy-efficient vehicle—a cyclist burns about 35 calories per mile (22 calories per km), while an automobile burns 1,860 calories per mile (1,156 calories per km). Bicycles are used not only for transportation, but for fitness, competition, and touring as well. They come in myriad shapes and styles, including racing bikes, all-terrain bikes, and stationary bicycles, as well as unicycles, tricycles, and tandems. Bicycles are widely used for transportation, recreation, and sport. Throughout the world, bicycles are essential to moving people and goods in areas where there are few automobiles. Intensifying traffic congestion issue and elevating fuel prices are foreseen to remain the key factors driving the need for cycling, and raising the demand for bicycles thereby. Growing health concerns among consumers, in addition to surging acceptance of green transportation in an effort to reduce carbon footprint, will play a pivotal role in the growth of global bicycle market in next eight years. Moreover, increasing government support encouraging adoption of bicycles and rapid development of dedicated cycling infrastructure in developed as well as developing economies will reportedly push the sales of bicycles in upcoming years. A growing application base of bicycles in trekking and recreational activities, coupled with a soaring number of cycling events will specifically uplift the demand for sports bicycles in near future. A bicycle is a common mode of transport for people in rural areas particularly within low income societies, but is continuously gaining traction in urban areas as well especially among successful and affluent people. The Indian bicycle market comprises of mainly roadsters, fancy, kids and other types of bicycles. Other bicycles include cycles meant for different purposes like mountain bikes, sports bike, hybrid bike, touring bike, etc. The categorization of bicycle market can be done based on end user viz. retail sector and institutional sector. Retail sector encompasses residents or people who buy bicycles for their personal use or for their near and dear ones from retail outlets. Whereas institutional sales are usually done in bulk and the prospective customers include Central or State Governments or societies or clubs at times. The bicycle market in India is projected to grow at a CAGR of over 11%, during 2016-2021, on account of growing population base, increasing discretionary spending and rising health consciousness among people. In India, cycling is being swiftly adopted as a means to stay fit and as a popular recreational activity. Further, many of state governments have started construction of dedicated bicycle lanes in major cities to encourage cycling, as an environment friendly means of transportation. Large share of the country’s total population is based in rural areas, where roadster bicycle is an important mode of transportation. With constant increase in volume demand for roadster bicycles in India, the segment is anticipated to continue dominating India bicycle market. Due to unavailability of efficient transportation facilities and appropriate road network in rural part of India, roadster bicycles are extensively used for transportation. Moreover, many state governments have also distributed bicycles to school children India, one of the fastest growing economies in the world, is witnessing high demand for sports bicycle. Growing focus on fitness and health, and increasing trend of using cycles to commute to work is projected drive sales of sports bicycles in the country during the coming years. On the back of growing demand for sports bicycles in the country, many international players have introduced their products in India bicycle market. Although, India has emerged as one of the major manufacturers of bicycles in the world, the country imports considerable number of high-end or premium bicycles from other countries to address domestic demand for high end bicycles. As sharing and rental services are currently gaining higher traction in the global bicycle market, stakeholders are increasingly striving to adapt to this trend. Moreover, a large number of corporate embracing cycling as a sustainable alternative to commute will be a significant factor impacting the sales of bicycles in next few years. At a moderate CAGR of 4.2%, the global market for bicycle will attain the revenue approaching US$ 80 Bn during 2018-2026. The market was valued at around US$ 55 Bn in 2017 and holds optimistic growth prospects over the assessment period. The global bicycle market is expected to grow moderately over the next few years. Adoption of a healthy lifestyle among people has given rise to fitness consciousness. Increasing popularity of mountain biking as a sport has propelled the sales of marketing bikes. Additionally, rising fuel costs, increased congestion on roads, lack of parking space, etc., are some of the drivers expected to spur bicycle market growth. Another key factor that is expected to drive this market is the increased focus on eco-friendly means of transportation in order to curb pollution. Bicycles are emerging as alternatives for shorter distance transportation that cause no pollution. Moreover, regulatory initiatives to promote cycling in order to reduce harmful carbon emissions and noise pollution are expected to be favorable for industry growth. In most of the developed countries, there has been a strong cycling facilities construction and bicycle facilities have received good support from the Governments. High energy efficiency along with perception of cycling as a fitness activity has contributed to increase in demand. Increasing costs of raw materials and growing demand and popularity of fuel driven bikes or motor bikes may hamper market growth in the coming years. The absence of cycling tracks in most parts of developing countries like India due to saturation of road width and inability of further road expansion can be a hindrance to the growth of this market. The Cycle Rickshaw is a small-scale local means of transport; it is also known by a variety of other names such as bike taxi, velotaxi, pedicab, bikecab, cyclo, beca, becak, trisikad, or trishaw. A Cycle Rickshaw is often hailed as environment-friendly and an inexpensive mode of transportation. Since it is considered as Indian traditional ride they are almost used in each and every part of India which includes villages, small towns, metros, heritage sites etc. In metros these are used inside institutional areas, market places and also in narrow and crowded lanes where there is accessibility problem for vehicles. Cycle Rickshaw - Doorstep service. - Convenient for Local Shopping. - Important Source of livelihood for the Poor. - Cost Efficient. - Poor Man’s Taxi. - Safe Transport for Local Schools. - Use for Garbage Collection. - Inexpensive and convenient mode of carrying goods over short distances. - A Tourist Attraction. - A Home and Rest Place Away from Home. - They do not require petroleum fuel and are thus inherently non-polluting. There are guesstimates that close to 1 million cycle rickshaws ply on the Indian roads carrying about 3-4 billion passengers-km/year. In some cities they are the major means of transport. They provide employment to about 700,000 rickshaw pullers, are very maneuverable and are completely non-polluting and hence environmentally friendly means of transport. It is very unfortunate that deliberate policies in most of the urban towns have been made by the concerned authorities to phase out these rickshaws. Hence these nonpolluting vehicles are being replaced by polluting (both air and noise wise) petrol and diesel powered 3wheelers. One of the reasons for authorities to phase out these rickshaws is because they are considered humanly degrading. An electric cycle rickshaw can take care of this issue besides providing extra income to a rickshaw puller. Cycle rickshaws also play a crucial role in employment and poverty alleviation in many countries in Asia. In most developing countries, the rickshaw pullers are migrant workers from rural areas looking for employment in urban areas. Rickshaws are one of the most important contributors to the Bangladeshi economy; nearly 6 % of Bangladesh’s GDP is contributed by rickshaw pullers. Around 20 % of the Bangladeshi population relies directly or indirectly on rickshaw pulling. Tags Bicycle Manufacturing Process Pdf, Bicycle Manufacturing Project Report, How are Bicycles made? Bicycle Manufacturing Business Plan, Manufacturing Process of Bicycle, Bicycle Industry, Bicycle Manufacture Business Plan, Bicycle Manufacturing, Bicycle Manufacture, Bicycle Manufacturing Industry, How to Start Bicycle Factory, Bicycle Manufacturing Industry, Bicycle Production, Cost of Setting Up a Bicycle Manufacturing Plant, Bicycle Plant, Project Profile on Bicycle Production, Rickshaw Manufacturing Company, How to Start Rickshaw Manufacturing Business, Bicycle Manufacturing Project Report, Bicycle Manufacturing Business, Bicycle Business Opportunity in India, How to Start Your Own Bicycle Business, Cycle Rickshaw, Bicycle and Cycle Rickshaw Manufacturing, Cycle Rickshaw Manufacture, Cycle Rickshaw Factory, Bicycle and Cycle Rickshaw Project Report, Rickshaw Manufacturing Company, Project Report on Bicycle Manufacturing Industry, Detailed Project Report on Rickshaw Manufacturing, Project Report on Rickshaw Manufacturing, Pre-Investment Feasibility Study on Bicycle Manufacturing, Techno-Economic feasibility study on Bicycle Manufacturing, Feasibility report on Rickshaw Manufacturing, Free Project Profile on Bicycle Manufacturing, Project profile on Rickshaw Manufacturing, Download free project profile on Bicycle Manufacturing
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Return: 1.00%Break even: N/A
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Start a Profitable Business of LV Control & Power Cables, MV Cables

Start a Profitable Business of LV Control & Power Cables, MV Cables. Profitable Project Investment Opportunity in Cable Industry Low voltage (LV) power cable forms an essential component for secondary distribution of power at voltage less than 1 kV. Different types of low voltage accessories include fittings and fixtures, cable joints, cable terminations, among others which are used for cable installations in overhead and underground installations. Low voltage cables are used to supply power at low voltage. These cables form essential parts of the electrical and electronic systems in a broad range of applications. The cables have prime importance in the power sector, and thus, are important components in the generation, transmission, and distribution of electricity by power utilities. Low voltage cables are built up with solid and standard, rigid, copper and aluminum conductors, flexible copper conductors. Low voltage cable is an important component for secondary distribution of electricity. Low voltage accessories are utilized to maintain cables in the distribution network. Low voltage cables are used in the wiring of electrical installations in vehicles. The battery cable, a low voltage connection solution used in automobiles and agriculture and construction equipment, is also gaining popularity due to its ability to reduce electrical noise and withstand high temperatures during high voltage and low voltage applications. The growing automotive industry offers a significant market potential to low voltage cable manufacturers. Increasing production of renewable power along with growth in industrialization are the key factors that drive the growth of this market. Furthermore, government incentives to expand or upgrade the transmission & distribution (T&D) system is another factor boosting the growth of the market. Lack of funding make the market volatile along with significant delay in authorization of different T&D projects due to complexity in planning are key restraining factors that hinders the growth of the market. Increasing demand in power along with various wind power policies in different countries are the factors that would offer abundant growth opportunities to the market. Volatility in prices of raw material along with low-quality & cheap products in grey market are major challenges faced by key market players. A rising demand for electricity has fueled development in the power generation, transmission and distribution (T&D) sectors. The demand for equipment, such as low-voltage cable, is increasing with the growth in generation and T&D infrastructure. A low-voltage cable derives its demand from the deployment of distribution transformers in distribution networks. These transformers are mainly used in the utility sector, followed by the industrial and commercial sectors. In 2015, the utility sector accounted for almost 80 percent of market revenue. This trend is likely to drive the growth of the market over the forecast period. Growing penetration of renewable-energy sources in the power-generation sector will drive future demand for ?low-voltage cables.? The use of low voltage cables in smart grids is expected to fuel the demand further over the next four years. Low voltage cables are deployed in the T&D networks of smart grids. Moreover, the addition of novel appliances such as heat pumps, electric vehicles charging stations, and solar panels to the distribution networks further necessitates the use of low voltage cables in their interconnection. Rising investment in smart grids in APAC, EMEA, and the GCC countries owing to increased demand for electricity in these regions is expected to be a significant factor in the market’s growth during the forecast period. Major driving factors for the growth of low voltage cable market are Increasing demand of renewable power and expansion in urbanization and industrialization. The global low voltage cable market offers new growth opportunities, due to rising demand for power and increasing automotive industry growth in Asia Pacific region with high potential. The price of raw material is unpredictable and growing neutral market providing cheap products and low quality is expected to promote the use of low voltage cables. The smart grid is expected to fuel the demand further over the forecast years of low voltage cable market. Low voltage cable is an important component for secondary distribution of electricity. To satisfy the growing demand for electricity transmission and distribution, the network is expanding globally. Low voltage accessories are utilized to maintain cables in the distribution network. Accessories and power cables are important components for transmission and distribution system and will also grow with the growth in transmission and distribution system. Low voltage cables are utilized for electrical equipment with a voltage rating for alternating current between 50 to 1000v and for direct current between 75 to 1500v, thus they are not subjected to high electric stress. Low voltage cables are built up with solid and standard, rigid, copper and aluminum conductors, flexible copper conductors. Medium Voltage Cables, or MV cables, is a category defined by the International Electrotechnical Commission (IEC) as having a voltage rating of above 1kV up to 100kV. There does, however, remain some ambiguity over where the medium voltage cable band begins and ends, depending on the countries, the standard setting bodies, and the type of system used as historically engineers only referred to low voltage and high voltage. The concept of medium voltage was only introduced as the level of voltages increased and the need arose for a greater classification range, which now often includes extra low and extra high voltage. Medium voltage cable is suitable for use in wet or dry locations when installed in accordance with NEC. It is for use in aerial, direct burial, conduit, open tray, and underground duct installations. Medium-voltage cables are commonly used in mobile substation equipment, for distribution of power in industrial settings and in mining to supply power to drills, shovels, haulers, etc. These cables often come in standard voltages, including 5,000; 8,000; 15,000; 25,000; and 35,000 V. The medium voltage cables and accessories market is expected to grow from an estimated US$ 41.45 Billion in 2017 to US$ 56.18 Billion by 2022, at a CAGR of 6.27%, from 2017 to 2022. Increase in renewable energy generation and rapid industrialization and urbanization is expected to drive the market for medium voltage cables and accessories. The underground medium voltage cables and accessories segment of the installation market is expected to hold the largest share during the forecast period. On the basis of installation, the medium voltage cables and accessories market has been segmented into underground, overhead, and renewables. The underground sector accounted for the largest market share. Several benefits of using underground cables are lower transmission loss and maintenance costs, they release no electric fields, and can easily absorb power loads; these factors are expected to drive the medium voltage cables and accessories market. Thus, the underground segment of the medium voltage cables and accessories market is expected to grow at the highest CAGR during the forecast period. From the cable installation type, the medium voltage cable is divided into aerial cable, underground cable and submarine cable. Among them, underground cable is expected to become the fastest composite growth rate of products. From the voltage level, the 6-13 kv medium voltage cable will dominate the global medium voltage cable market demand. It is expected that by 2022, the global 6-13 KV medium-voltage cable and accessories market will reach 14.25 billion U.S. dollars, the period of annual composite increase rate reached 6.47%. Some of the driving factors like hasty growth in industrialization & urbanization, high production of renewable energy and rising government policies to expand the T&D systems are contributing for the market growth. However, less financial support and delay in intricate planning & authorization of projects are limiting the market. On the other hand, growing demand for power and wind policies in emerging countries is providing a significant opportunity for the market. In developed economies, such as Europe, requirement of increasing power generation and expanding wind sector offers significant growth potential. However, fluctuating prices of metals, such as copper, aluminum, and other metals, restrain the market growth. The demand for power infrastructure is driven by growing investments in renewables’ sector, thus offering significant opportunities for growth. Rapid industrialization and urbanization has been the key driving factor sustaining the growth of the medium voltage cables market. Industrialization and urbanization has been increasing at a much faster pace in the developing economies, resulting in more requirement for power generation, transmission, and distribution and thus is expected to boost the requirement of medium voltage cables. Tags LV & Control Cables, LV and MV Cables, Low Voltage Cable Production, Profile on Production of Electric Wires and LV Cables, Low Voltage Cable, Manufacturing of Low Voltage Cable, Low Voltage & Control Cables, Cable Manufacturing, Wire and Cable, Cable Manufacturing Process, Electric Cable Manufacturing in India, Business Ideas in Wire & Cable Manufacturing, Cable Manufacturing Company, Power Cable, Wires & Cables, Electrical Cables, Power Cable Manufacture, MV Cables Production, Medium Voltage (MV) Cables, Medium-Voltage Cables, Electrical Wire Manufacturing Process Pdf, Manufacturing of Medium Voltage Power Cables, Cable Manufacture, Cable Manufacturing Company, Project Report on Low Voltage Cable Production Industry, Detailed Project Report on Low Voltage Cable Production, Project Report on MV Cables Production, Pre-Investment Feasibility Study on Low Voltage Cable Production, Techno-Economic feasibility study on MV Cables Production, Feasibility report on Low Voltage Cable Production, Free Project Profile on MV Cables Production, Project profile on MV Cables Production, Download free project profile on Low Voltage Cable Production
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Return: 1.00%Break even: N/A
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Profitable Project Investment Opportunity in Production of Polyanionic Cellulose (PAC)

Profitable Project Investment Opportunity in Production of Polyanionic Cellulose (PAC) The market is expected to expand at 3.52% CAGR over the period between 2016 and 2022. Polyanionic cellulose, or (PAC), is a safe thickening agent. PAC, a water soluble anionic polymer derived from cellulose, is comprised of the woody parts and cell walls of plants. It is chemically modified from natural cellulose and obtained water soluble cellulose ethers. PAC is used for many different technical applications. These uses are based mainly on its reaction with water content in the finished product. It is used alone or in conjunction with other components in the system to create thickening, water-binding, suspension, stabilizing and emulsifying characteristics. Widely used in Oil drilling fluid control additives, especially in salt water wells and offshore drilling applications. It is a combined filtration controller and minimal viscosifier in fresh and salt water base drilling systems. It is ideal in low solid mud, designed for fast penetration. Uses: • Polyanionic Cellulose in Food Production Polyanionic Cellulose is widely used as stabilizer, thickener in food production. As stabilizer, thickener: in Jelly, ice cream, canned to stabilize. • Polyanionic Cellulose in Beverage Polyanionic Cellulose is widely used as stabilizer, thickener in beverage. As stabilizer, thickener: in Juice, gravy, vegetable juice to stabilize. • Polyanionic Cellulose in Pharmaceutical Polyanionic Cellulose is widely used as emulsifier, stabilizer in Pharmaceutical. As emulsifier, stabilizer: in injections and tablets to bond and become a mask. • Polyanionic Cellulose in Cosmetics • Polyanionic Cellulose in Agriculture/Animal Feed • Polyanionic Cellulose in Other Industries Polyanionic Cellulose is widely used as Flocculants, chelating agents, emulsifiers, thickeners, water retention agents, sizing agents and film-forming material in various other industries. As Flocculants, chelating agents, emulsifiers, thickeners, water retention agents, sizing agents and film-forming material: In electronics, pesticides, leather, plastics, printing, ceramics and household chemical industry. PAC, short for polyanionic cellulose, is a kind of water-soluble cellulose ether derivative made from natural cellulose by chemical modification, and an important kind of water-soluble cellulose ether. Usually the sodium salt of Polyanionic Cellulose is in application and widely used in petroleum drilling, especially in salt well and offshore oil drilling. Polyanionic Cellulose is soluble into water to form thick liquid, and it widely used in water-base drilling fluid so as to enhance the drilling fluid viscosity and control the fluid loss. Usually the sodium salt of Polyanionic Cellulose is in application and widely used in petroleum drilling, especially in salt well and offshore oil drilling. Polyanionic Cellulose used in the fracturing fluid, Polyanionic Cellulose can efficiently carry ‘the filler’ into the cracks of well, establish the permeability pathway, which can effectively control the fluid into the well structure, reduce the fluid loss, and reduce the pressure drop. Ultra-high viscosity products can replace guar gum, reducing production costs. In the shape of white to light yellow powder or particles, Polyanionic Cellulose is tasteless, nontoxic, strong in hygroscopicity, and freely soluble in cold and hot water. Polyanionic Cellulose polymer has excellent heat-resistant stability, salt tolerance and strong antibacterial activity. The slurry or fluid prepared from the product has better fluid loss reducing capability, rejection capability and higher temperature tolerance. Polyanionic Cellulose is widely used in petroleum drilling, especially in salt well and offshore oil drilling. PAC is an indispensable product for drilling mud making. It is high purity product; the water solution of this white powder is transparent and viscid. As water-soluble polymer, PAC dissolves immediately in cold/hot water and can be used as a thickening agent, rheology controller, bond, stabilizer, colloid protector, suspending agent, and filtrate reducer. PAC is a good drilling mud additive and also an important material for confecting well liquid, a high mud volume product that featured high acid-resistance and salt-resistance ability. PAC is a good filtrate reducer with the capacity of increasing viscosity and anti-high temperature (150°C) in the freshwater, seawater, or even saturated brine well-completion liquid. PAC is suitable for confecting the completion fluid with these 3 kinds of water above. Polyanionic cellulose (PAC) is a type of water-soluble cellulose ether derivative manufactured by the chemical modification of natural cellulose. It is a vital type of water-soluble cellulose ether. Polyanionic cellulose finds important applications in offshore exploration & production, drilling & salt well operations in the upstream oil & gas industry. It is a white or yellowish, odorless powder, which is hygroscopic, tasteless, & non-toxic. It is water-soluble at both low as well as high temperatures, and forms a thick liquid when dissolved in water. PAC displays high stability in high temperature applications and exhibits high resistance to salty environments as well. It has also been found to possess anti-bacterial properties. Polyanionic cellulose slurry displays superior fluid loss reducing capability, rejection capability and higher temperature tolerance in various applications. Furthermore, polyanionic cellulose finds applications across a diverse range of industries for a wide range of uses apart from the oil & gas industry. For instance, food & beverage, pharmaceutical, chemical, plastic and polymer are some of the end use industries worth noting. In recent times, there has been a rise in the demand for polyanionic cellulose from the fast growing food & beverage industry. This is so because polyanionic cellulose has demonstrated to be more safe vis-à-vis other chemicals, as a food additive, thereby gaining preferential use. Polyanionic cellulose has also been finding increased usage in water purification processes in the food & beverage industry. It is also being widely used as a stabilizer & thickener in food production. For instance, jelly products & ice creams are stabilized & thickened to a large extent with the use of polyanionic cellulose (PAC). PAC is also advantageous due to its compatibility to be canned & stored for extended periods of time, thereby becoming a popular choice as a food stabilizer. It is also being increasingly used to stabilize gravies and fruit & vegetable juices. The rapid growth of the food & beverages industry has also been contributing to the market growth of polyanionic cellulose at a global level. In the pharmaceutical industry, polyanionic cellulose has been gaining importance as an emulsifier & a stabilizer in the manufacture of injectable medicines & tablets due to its effective bonding properties. The PAC is having good demand in the domestic & international markets. The present domestic market size is about Rs. 300 crores annually & likely to grow at 9% per annum. Most of the current domestic demand is met by import mainly from China & to some extent from Europe. The proposed facility will reduce the import demand from the other countries. On the basis of product type, the polyanionic cellulose market can be segmented as follows: Low viscosity polyanionic cellulose, Regular viscosity polyanionic cellulose, High viscosity polyanionic cellulose, extra high viscosity polyanionic cellulose. On the basis of end use, the polyanionic cellulose market can be segmented as follows: Oil & gas, Food & beverage, Pharmaceutical, Agrochemical, Electronics, Leather processing, Chemical, Printing, Plastic & polymer, Ceramic, Others. The market is expected to expand at 3.52% CAGR over the period between 2016 and 2022. Tags Polyanionic cellulose, Polyanionic Cellulose Manufacture, PAC Manufacturing, Polyanionic Cellulose (PAC), Polyanionic Cellulose Production Process, Manufacturing Process of Polyanionic cellulose, Polyanionic Cellulose Chemical, Applications and Uses of Polyanionic Cellulose, Polyanionic Cellulose Manufacturing Process, Polyanionic Cellulose Industry, Polyanionic Cellulose Low Viscosity, PAC Low Viscosity, Polyanionic Cellulose (PAC) Drilling Additive, Polyanionic Cellulose Manufacture in India, Polyanionic Cellulose (PAC) Industry, Polyanionic Cellulose UL –PAC HV for Drilling Fluid, polyanionic cellulose uses, PAC (Polyanionic Cellulose), Drilling Fluids and Mud Chemicals Manufacture, Project Report on Polyanionic Cellulose Manufacturing Industry, Detailed Project Report on Polyanionic Cellulose Production, Project Report on Polyanionic Cellulose Production, Pre-Investment Feasibility Study on Polyanionic Cellulose Production, Techno-Economic feasibility study on Polyanionic Cellulose Production, Feasibility report on Polyanionic Cellulose Production, Free Project Profile on Polyanionic Cellulose Production ,Project profile on Polyanionic Cellulose Production, Download free project profile on Polyanionic Cellulose Production
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Return: 1.00%Break even: N/A
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