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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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Magnesium Sulphate

Magnesium sulphate is an inorganic salt with the formula MgSO4(H2O)x where 0?x?7. It is often encountered as the heptahydratesulphate mineral epsomite (MgSO4•7H2O), commonly known as Epsom salt, is a mineral. Magnesium sulphate provides both a bitter and a salty taste, depending on its concentration. Global Magnesium Sulphate Market has very wide market in 21st century and it has been valued as $ 10,731.05 million by 2027 with a CAGR of 4.28%.The main reason for this is the growing demand for greater quantity of food from countries such as China and India, as a result of increasing population in these countries.As a whole you can invest in this project without risk and earn profit. Few Indian major players are as under • Agro Phos (India) Ltd. • Aksharchem (India) Ltd. • Arihant Chemicals Inds. Ltd. • Liberty Phosphate Ltd. • Pioneer Magnesia Works Pvt. Ltd. • Sam Industries Ltd.
Plant capacity: Magnesium Sulphate: 10 MT/DayPlant & machinery: Rs 53 lakhs
Working capital: -T.C.I: Cost of Project: Rs 256lakhs
Return: 26.00%Break even: 62.00%
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Gypsum Plaster Board

Gypsum Plaster Boards are constructional sheets composed of consigned Gypsum with about 15% fibre. Its outstanding contributes are fire resistance, dimensional stability etc. Gypsum plaster boards are selected for use according to their type, size, thickeners and edge profit. The Boards may be used for example to provided dry lining finishes to masonry walls, to ceilings, to steel or timber framed partitions, or as claddings to structural steel columns and beams, or in the manufacture of pre-fabricated partition panels. The Indian market for Gypsum Plaster Board is expected to reach about 333.64 million m2 by 2021 from 221.75 million m2 in 2016, registering a Compounded Annual Growth Rate (CAGR) of 8.51% during the analysis period, 2016-2021 BPB, UK took over the company and has acquired an 80% stock. The balance 20% of the capital is with the public.This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • B P B India Gypsym Ltd. • F C I Aravali Gypsum & Minerals India Ltd. • I D L Buildware Ltd. • I D L Salzbau (India) Ltd. • Jath Wind Energy Pvt. Ltd. • MytrahVayu (Manjira) Pvt. Ltd.
Plant capacity: Gypsum Plaster Board: 50000 Sq.mt./DayPlant & machinery: Rs 1605 lakhs
Working capital: -T.C.I: Cost of Project : Rs12502 lakhs
Return: 34.00%Break even: 32.00%
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Copper Cathode from Copper Scrap

[NPCS/5056/23345] Copper cathode is a form of copper that has a purity of 99.95%. In order to remove impurities from copper ore, it undergoes two processes, smelting and electro refining. The resulting, nearly pure copper is an excellent conductor and is often used in electrical wiring.The pliable nature of copper makes it an excellent choice for electrical and audio wires, which must be thin and flexible. Aside from wire, copper cathode is also used to make copper cake, which ranges in thickness from thin foils to thick plates. The electrical industry claims a share of about 26%. The electronics and communications take another 30% share. With building construction (9%) and transportation (8%) added, the cumulative rises to about three-fourths. The other consuming sectors are engineering process and general (9%) and consumer durables (6%). Defence is also a substantial user. Another important consumer is handicrafts which is reported to consume close to 12% of copper in India.Which facilitates the development of new technologies and ensure a high quality product.
Plant capacity: Copper Cathode: 1800 MT/Annum Copper Slag, Residue : 180 MT/AnnumPlant & machinery: Rs 136 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1348 lakhs
Return: 26.00%Break even: 39.00%
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Macaroni, Spaghetti, Vermicelli and Noodles

Macaroni are made from wheat flour, carbonic salt water, pure salt, soft water and other additives. Carbonic salt water with sodium or potassium carbonate as the main constituent is an important additive giving the stickiness, elasticity, smoothness and good taste.Macaroni is a variety of dry pasta traditionally shaped into narrow tubes, produced in various shapes and sizes.Spaghetti is a long, thin, solid, cylindrical pasta. Spaghettoni is a thicker form of spaghetti, while capellini is a very thin spaghetti. It is a staple food of traditional Italian cuisine.In India, vermicelli is made from plain wheat flour or maida but in most of the western countries. Atta or maida noodles is a ready to cook and serve snack food which has become very popular in India in the recent years after its introduction on mass scale of M/s. Food Specialties Ltd, New Delhi under the brand name "Maggi" which is an instant noodle made out of flour. India is the world’s second largest producer of food next to China but accounts for less than 1.5% of International food trade.The global market for pasta can be classified into spaghetti, macaroni, and noodles.“In the Indian pasta market, which is estimated at Rs 700 crores, over 70% of gourmet pastas are manufactured by Indian brands,” said Udit Jain, Director of Rajdhani Group.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Bambino Agro Inds. Ltd. • C G Foods India Pvt. Ltd. • Capital Foods Ltd. • G D Foods Mfg. (India) Pvt. Ltd. • Inbisco India Pvt. Ltd. • Indo Nissin Foods Pvt. Ltd.
Plant capacity: Spaghetti (250 gms Size): 2,880,000Packets/Annum Spaghetti (450 gms Size): 1,600,000 Packets/Annum Macaroni (500 gms Size): 1,920,000Packets/Annum Vermicelli (500 gms Size): 1,920,000 Packets/Annum Noodles (36 gms Size): 6,666,666Plant & machinery: Rs 128 lakhs
Working capital: -T.C.I: Cost of Project: Rs595lakhs
Return: 28.00%Break even: 58.00%
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Roller Flour Mill with Packaging (Automatic Plant)

Roller Flour Milling sector processes around 12 – 15 per cent of the total wheat consumed in the country, the balance being processed through Stone Chakkis. The purpose of the milling process is to break up the grains of wheat into flour (which comes from the centre of the grain, or endosperm), bran (the skin of the wheat), and pollard (the dusty material created during the grinding process). Whole meal flour is a blend of flour, bran and pollard in the proportions in which they occur in the grain. The Packaged Wheat Flour Market in India started breaking the old age traditions of grinding wheat at local Chakki mills by growing at a whooping Compound annual growth rate (CAGR) of 19% and may likely to be double the current size by end of this decade. However, the wheat flour market largely dominated by local chakki mills in India; the branded packaged wheat flour segment is emerging rapidly in the country by offering better quality, nutrition and convenience.As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Ambe Agro Inds. Ltd. • Arpan Foods Ltd. • Aruppukottai Shri Ramalinga Roller Flour Mills Ltd. • B P Food Products Pvt. Ltd. • Bambino Food Inds. Ltd. • Bannari Amman Flour Mill Ltd.
Plant capacity: Maida: 40 MT/Day Sooji: 15 MT/Day Wheat Flour: 8 MT/Day Wheat Bran: 17 MT/Day Besan: 20 MT/DayPlant & machinery: Rs 290 lakhs
Working capital: -T.C.I: Cost of Project : Rs806lakhs
Return: 29.00%Break even: 56.00%
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Adhesive (Fevicol Type)

Fevicol type adhesives come under the category of synthetic resins and latex adhesives are made from polyvinyl acetate is a thermoplastic, odourless, tasteless, non-toxic, essentially clear and colourless resin. The resin is unaffected by sunlight, ultraviolet light and air, furthermore it will absorb a small amount of water.WPA is the highest level of “wet strength.” This in itself is a misnomer in that all starch is water soluble. They are also used in glueing of furniture, the clay coating of paper, non-woven fabrics and many other applications. The manufacture of adhesive from synthetic resin is simple and can be started with a very little investment. The most advantageous factor in this plant is that it can be switched over to any type of adhesive as per market demand.The market size of all types of adhesives is very large and growing. Of this, the premium products account for some 50%. Quantitatively, the overall market size is growing annually at 15%.As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • Anabond Ltd. • Arofine Polymers Ltd. • C I C O Technologies Ltd. • Century Ply boards (India) Ltd. • D I C India Ltd. • F C L Technologies & Products Ltd. • Feroke Boards Ltd.
Plant capacity: Adhesive (Fevicol Type): 8 MT/DayPlant & machinery: Rs 42lakhs
Working capital: -T.C.I: Cost of Project: Rs264lakhs
Return: 28.00%Break even: 62.00%
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Linear Alkyl Benzene Sulphonic Acid

Linear Alkyl Benzene Sulphonic Acid is a largest volume synthetic surfactant because of its relatively low cost, good performance, the fact that it can be dried to a stable powder and the biodegradable environmental friendliness. LAB Sulphonic Acid is an anionic surfactant widely used in formulation of all ranges of Domestic Detergents Powder, Cake & Dish wash cleaners. Due to its high active matter, miscibility with water and low salt content, it is also used in formulation of Industrial & Household liquid cleaners as well as in numerous industrial applications like as a coupling agent and as an emulsifier for agricultural herbicides and in emulsion polymerization. Linear AlkylbenzeneSulfonate (LAS) Market size is poised to exceed USD 9 billion by 2024. Increasing product demand in manufacturing household detergents will be the major factor propelling the global linear alkylbenzenesulfonate market size over the estimated timeframe. The overall household detergents business is likely to exhibit gains more than 6% CAGR from 2016 to2024 on account of increasing consumer lifestyles and awarenesstowards cleanliness.This facilitates the development of new technologies and ensures a high quality product.
Plant capacity: Linear Alkyl Benzene Sulphonic Acid: 600 MT/DayPlant & machinery: Rs 1930 lakhs
Working capital: -T.C.I: Cost of Project: Rs4584lakhs
Return: 30.00%Break even: 53.00%
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Chili Oil

Chili oil is essentially dried chilies, preserved in oil. It adds a delightful kick to whatever dish you’re using it in. Commonly used as a finishing oil for risottos, pastas and seafood, it’s also a great oil for any stirfry. Chili also called red pepper belongs to the genus capsicum, under the solanaceae family. They are believed to have originated from South America. Chilies are referred to as chilies, chile, hot peppers, bell peppers, red peppers, pod peppers, cayenne peppers, paprika, pimento, and capsicum in different parts of the world. Total world chili oil demand to increase by 1.4 million bpd, which makes India's expected growth of some 300,000 bpd the most significant source of growth for crude producers outside of China's expected lift in demand of about 380,000 bpd.Entrepreneurs who invest in this project will be successful.
Plant capacity: Chilli Oil: 27,300 Kg./Annum Oleoresin: 122,700 Kg./AnnumPlant & machinery: Rs 1828 lakhs
Working capital: -T.C.I: Cost of Project: Rs2450 lakhs
Return: 27.00%Break even: 45.00%
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Dry Fruits Processing (Cashew, Almond, Walnut, Raisins (Kishmish/Munnakka) and Figs)

Cashew nuts are a popular snack and food source. Cashews, unlike other oily tree nuts, contain starch to about 10% of their weight. This makes them more effective than other nuts in thickening water-based dishes such as soups, meat stews, and some Indian milk-based desserts.The almond fruit measures 3.5–6 cm (1–2 in) long. In botanical terms, it is not a nut, but a drupe. The outer covering or exocarp, fleshy in other members of Prunus such as the plum and cherry, is instead a thick, leathery, grey-green coat (with a downy exterior), called the hull.A raisin is a dried grape. Raisins are produced in many regions of the world and may be eaten raw or used in cooking, baking, and brewing. In the United Kingdom, Ireland, New Zeal and Australia, the word "raisin" is reserved for the dark-colored dried large grape, with "sultana" being a golden-colored dried grape, and "currant" being a dried small Black Corinth seedless grape.Figs are a delicious fruit like treat and popularly known as “Anjeer” in India. Fig fruit is one of the ancient fruits in the world. The fig fruit is unique, unlike most ‘fruits’ in which the structure is matured ovary tissue, and the fig’s edible structure is actually a stem tissue.Walnuts are rich source of a number of important nutrients that have a very positive effect on the human health. The nut length was found in the range of 35.17-41.37 mm, nut diameter (31.72 mm-34.32 mm), Nut thickness (32.21-35.10 mm), nut weight (10.30 g-19.22 g). Nuts and dried fruits in India offer a unique opportunity to meet the needs of a consumer who is looking to adopt a new wellness life style without having to forego traditional values -a consumer who is increasingly concerned with health but is not willing to compromise on taste. The nut and dried fruit industry in India is currently pegged at INR 15,000 crores (~ USD 2 billion) and is estimated to grow to INR 30,000 crores (~ USD 4 billion) by 2020, according to the Chairman of Royal Dried Fruits Range, a city-based dried fruits retailer.This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Ashoka Estate Developers Pvt. Ltd. • Goa Forest Development Corpn. Ltd. • Infragro Industries Ltd. • Kerala State Cashew Devp. Corpn. Ltd. • Kore Foods Ltd. • Kreem Foods Pvt. Ltd. • Padmavathi Cashews & Coffee Ltd.
Plant capacity: Cashewnut (Tin Pack 10 Kgs Size & Poly Packs 1 Kg Size) : 1050 MT/Annum Wallnut (Tin Pack 10 Kgs Size & Poly Packs 1 Kg Size) : 300 MT/Annum Almond (Badam) (Tin Pack 10 Kgs Size & Poly Packs 1 Kg Size): 750 MT/Annum Raisins (Kishmish/ Munakka) (Tin Pack Plant & machinery: Rs 957 lakhs
Working capital: -T.C.I: Cost of Project: Rs1597lakhs
Return: 27.00%Break even: 53.00%
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Truck Body Building Industry

Truck Body Building Industry. How to Start a Profitable Automobile Body Building Business Automobile body building is an important activity. The chassis are supplied by Automobile manufacturers, and body is built by automobile body builders. Bus/Truck is used as the most common public transport vehicle in our country. Different State Transport Undertakings are plying their buses for commuting public from one place to another and from one State to another. Apart from these Undertakings, Private Bus Operators, travel agencies etc. are also operating buses on permit basis. There are two basic types of products: on-road and off-road. On-road truck bodies are designed for vehicles that travel mainly on highways and paved roads. Off-road truck bodies are designed for trucks that travel on unimproved roads or cleared land. Some truck bodies are designed for vehicles used in mining, agriculture, construction, or farming activities. Others attach to tow trucks and wreckers, delivery vans and vehicles, water sprayers, cable and telephone trucks, and repair equipment Automobiles body building units generally specialize in a few types of vehicles. For example, a body building workshop of small capacity can undertake either trucks or buses of standard design or mini buses or delivery vans or similar other vehicles used for commercial transportation of goods & passengers. But, sufficiently big auto-body building factories can undertake a range of chassis’s for constructing and mounting body on them. Auto-body building involves a lot of structural designs, wood & metal working processes, fastening techniques surface protection measures, arranging various accessories and instruments electrical and safety devices at proper places. Such a factory requires to be fully equipped with full-range of wood/metal working machines and tools, treating and testing equipment’s, high level of productivity and quality oriented team and much more facilities indeed. Body building is a labour-oriented work where all calibers of personnel’s and hardworking labourers are treated as assets. Classification of Truck Bodies Trucks are categorized on the basis of truck body construction like the following: 1. Flat platform 2. Drop side 3. Fixed side 4. Tipper body 5. Tanker body (1) Flat Platform A flat structure consists of a floor blade with edge members and beams which are used to mount the engine and suspension elements. A flatbed truck is made up of a chassis fitted with a platform body on which goods are carried. Cargo is secured on the deck with ropes or sheeting. Flat beds are flexible and can accommodate many different types of loads. (2) Drop Side Type Body This type of body follows the main structure of the flat platform body with an addition of timber sides and a tailboard, capable of being drop to assist in loading and unloading. • A drop side body is a flat platform with hinged sides and tailboard, held in the upright position by fastening to short vertical pillars that are generally removable. • The sides are normally made up by interlocking hollow plank sections. (3) Fixed Side Deck or Half Body The fixed neck type provides the lightest weight however but a sacrifice on the ability to detach and loading capacity from the front. For the ease of detaching and being faster in achieving this task the low deck has the hydraulic detachable trailers, but they compromise on the weight and length of deck. They are among the most common and versatile used trucks. The hydraulics of this type can be run from the truck auxiliary or pony motor in the neck of the trailer. (4) Tipper Body The prime requirement of any tipping body is that it shall be a rigid unit capable of withstanding the rough usage to which the type of body is subjected. • A tipper body is attached to a rigid cab chassis and is used to carry a wide range of bulk products, such as gravel, sand and grain. • It is hinged at the rear which allows the front of the truck bed to be raised and the contents set down behind / side the truck. (5) Tanker Body A commodity carried by tanker includes fuel, oils, milk, water, varnish, and edible oils etc. In the case of fuel transport, to ensure safe handling, internal baffle plates are used to cut down the surge of liquid. A tracker truck is a truck with a trailer that carries liquids. It can be the subject of special regulations if the cargo is classified as hazardous materials such as flammable liquids such as gasoline or diesel or corrosive materials such as acids and liquid fertilizers. (6) High Side Deck Body The high deck trucks have their trailer bed situated high above the trailer wheels, which provides a raised uniform platform for the cargo to carry. On the other hand the low deck trucks are those that have two level drops in their deck heights. One drop is immediately after the gooseneck and the other immediately before the rear wheels. The low deck trucks are also better known as the flatbed trailers. As compared to the high deck trucks this drop allows the low deck trucks to be extremely low. The high deck trucks are more conventional and are basically used for all types of load carriers. When there is no specific unconventional requirement, the high deck trucks prove to be regularly used. The high deck trucks were the first made trucks in the industry and from the learning’s and changing requirements of times the low deck trucks were born. (7) Low Side Deck Body As soon as the legal machinery started objecting to the loading capacity and volumes of carried equipment the need to have a low deck truck emerged. This led the manufacturers to design the low deck trucks wherein they could actually provide a lower deck in between the gooseneck and rear wheels to cater to transit of high equipment’s. This led to the manufacture of the low type. As stated earlier the high deck types are often used to carry the cargo and vehicular loads, on the other hand the low deck comes in various types for a wider range of tasks. Among the low types there is a fixed gooseneck that provides the longer length of deck and is lighter in weight as compared to others. They have low height than normal with the use of low profile tires. Fixed gooseneck types have drop ramps to help facilitate loading and unloading of equipment. The other type is known as mechanical gooseneck that has second largest length and weight among trucks. The Low deck trucks have been known to provide the specialty equipment moving as compared to the conventional high deck trucks which are the general movers and have restricted height moving capacities with them. Also with the help of combinations of gooseneck detachment it is extremely easy to unload and load heavy equipment’s on the low deck trucks quite a reason as to why the low decks are preferred means these days. The continuous increase in consumption of these perishable commodities has necessitated the growing demand of trucks for internal distribution of these commodities to different points connected by the vast road network. Transportation of these can be undertaken with by trucks. The bus and truck segment in India is poised for substantial growth. The sector is yet to reach its full potential and the current scenario in India’s automobile market offers it the chance to do so. According to industry estimates, with 15 lakh buses in private sector and 1.5 lakh buses in public sector, India has about 16.5 lakh buses. India’s passenger vehicles of around 29 million during 2015 are expected to grow to more than 48 million vehicles by 2020. Also, domestic sales of commercial vehicles are expected to grow at a CAGR of 11.6% from 0.6 million in 2015 to more than 2 million by 2026. With the increasing automobile demand, the country is also proportionately expected to witness a surge in sheet metal products used to manufacture these vehicles. The Indian trucking industry is currently valued at $130 Bn and there are approximately 5.6 Mn on road vehicles transporting 80% of the country’s freight. But is still cudgeling brains over petty issues like lack of drivers, information about new areas, return loads and on-time deliveries & availability of transporters. This is the present state of Indian trucking industry – highly unorganized and highly fragmented. The Indian truck industry is growing with time and the reason behind its success is the added advantages of the road transport over the rail transport. Trucks may also accept small quantities and can cover the rural and hill areas and that too in comparatively less time than the railways. Moreover, the growth of e-commerce companies and the demand for the goods movement across the country helped in the growth of truck industry. Growth rates vary widely around the globe. Growth is slowing down in large truck markets such as China and most of the Triad countries. On the contrary, India, the ASEAN countries, and Eastern Europe will account for most of the future growth. Central America is showing dynamic growth as well. More than 70% of incremental sales in 2024 will be generated outside the Triad markets. But the solidity of the Triad markets will stabilize the total global truck market in the decade to come. The automotive sector has emerged as one of the major beneficiaries of technological advancement in sensors, and is increasingly adopting different sensor types to upgrade the existing models from the viewpoint of safety and enhanced functionality. The global automotive industry has been experiencing a period of rapid growth and profitability in the past years, opening a wide array of opportunities for modernized technological innovations. The automotive industry in India has been on a growth trajectory with impressive spikes in sales, production, and exports over the last two years. With an average production of around 24 million vehicles annually and employer of over 29 million people (direct and indirect employment), the automotive sector in India is one of the largest in the world. India is the largest tractor manufacturer, 2nd largest two wheeler manufacturer, 2nd largest bus manufacturer, 5th largest heavy truck manufacturer, 6th largest car manufacturer and 8th largest commercial vehicle manufacturer. For every vehicle produced, direct and indirect employment opportunities are created with employment of 13 persons for each truck, 6 persons for each car and 4 for each three wheeler and one person for two-wheelers. The USD 93 billion automotive industry contributes 7.1% to India’s GDP and almost 49% to the nation’s manufacturing GDP (FY 2015-16). Tags Truck Body Building, Truck Body Building Cost, Chassis Engineering & Bodybuilding, Becoming a Vehicle Body Builder, Truck Body Building Industry, How to Become a Vehicle Body Builder, Commercial Body Building, Automobile Body Building, Truck Body Building Business, Vehicle Body Building, Truck Body Building Project Report, Project Report on Bus & Truck Body-Building, Truck Manufacturing Process, Body Building Project, Truck Industry, Vehicle Manufacturing, Commercial Vehicle Industry, Truck Production, How to Start a Trucking Company, Truck Manufacturing Plant, Project Report on Truck Manufacturing Industry, Detailed Project Report on Truck Body Building, Project Report on Truck Body Building, Pre-Investment Feasibility Study on Truck Body Building, Techno-Economic feasibility study on Truck Body Building, Feasibility report on Truck Body Building, Free Project Profile on Truck Body Building, Project profile on Truck Body Building, Download free project profile on Truck Body Building
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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