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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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Latex Paints for Roof

Latex paint is easier to work with and dries more quickly, but it isn't quite as durable as oil-based paint. Latex is good for general painting projects such as walls and ceilings. Paint comes in a number of different finishes, from flat to high gloss. Some paints also contain enamel, an additive that makes the dried surface harder and less porous. Latex is a term applied to water-based acrylic, latex, or vinyl styrene paints. We call them that because they contain chains of man-made polymers that act like natural latex would: as binders. Global Latex Paints market size will increase to Million US$ by 2025, from Million US$ in 2017, at a CAGR of during the forecast period. Latex paint is a paint which covers all paints that are used in synthetic polymers such as vinyl acrylic (PVA), acrylic, styrene acrylic, etc. as binders. Latex paint is known as a misnomer because there is actually NO latex in latex paint. Latex paints are mostly used by decorative painters in many ways for which latex paints are not designed. Additionally, latex paints are used under slow-drying glazes which keep wet for long periods of time. Increasing global infrastructure and construction activity are the factors which are flourishing market growth over upcoming years. Also, latex paints are cost-effective which resulted in the rise in demand among consumer propelling the market growth. Furthermore, latex paints are water resistant so most consumers prefer for external home structures especially during rainy season, hence it led to an increase in demand. However, increasing demand for latex paints compared to oil paints among consumers across worldwide supports the growth of the market.
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Synthetic Ruby and Sapphire

Synthetic Ruby Synthetic rubies (also known as created, cultured, or lab-grown rubies) are created through an artificial process that usually involves high temperature and pressure. The popularity of rubies led scientists to create synthetic rubies in laboratories. Synthetic rubies contain almost the exact same chemical composition and physical properties as natural rubies, but are sold around the world for a fraction of the price of natural rubies. Synthetic rubies often appear brighter and more vivid than natural rubies. Sapphire Sapphire is a precious gemstone, a variety of the mineral corundum, consisting of aluminium oxide (?-Al2O3) with trace amounts of elements such as iron, titanium, chromium, copper, or magnesium. Sapphire is usually heat treated to intensify the blue color, as well as remove inclusions to increase clarity. It is standard industry practice to heat treat Sapphire gemstones, and most Sapphires used as gemstones have been heat treated. Sapphire with a natural, unheated color is much more valuable than the heat treated material, and gemstones of good quality can be extremely costly. Synthetic sapphire is evolving as a major industrial material due to its mechanical, optical, structural, thermal and chemical properties. Also, the availability of cheap synthetic sapphire is driving the use of this material in many industries. Synthetic sapphire is gaining increasing demand for production of windows owing to its extraordinary scratch-resistant properties and high-transparency to the wavelength of light.
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PVC Battery Separator

PVC Battery Separators in many different sizes suitable for Lead-Acid Batteries used in all kinds of applications like Automotive Batteries, Train Lighting batteries, Defence Wireless Batteries, Two-wheeler Batteries, Photoflash applications, and batteries for UPS and inverters. Global Battery Separator projected to grow at a CAGR of over 8%, in value terms, during 2018-2023. Growing usage of laptops, cell phones & other wireless electronics, increased investments, introduction of innovative technologies and expanding product portfolio are some factors, which are expected to propel demand for Battery Separator over the next five years. Battery separators are a vital part of a battery, and are required to deliver efficient performance while managing the weight and size of batteries as per manufacturers' requirements. Advancements in technology have led to improvements in battery cell chemistry, leading to a reduction in the weight of battery packs. The battery separator market has witnessed significant growth in recent years, owing to stringent regulations related to environment. Increasing population and industrialization, coupled with the increasing demand for electrically-operated vehicles and various advances done in the battery technology are driving the consumption of battery separators around the world.
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Necktie

A necktie, or simply a tie, is a long piece of cloth, worn usually by men, for decorative purposes around the neck, resting under the shirt collar and knotted at the throat. Variants include the ascot tie, bow tie, bolo tie, zipper tie, cravat, Knit Tie and clip-on tie. The modern necktie, ascot, and bow tie are descended from the cravat. Neckties are generally unseized, but may be available in a longer size. In some cultures men and boys wear neckties as part of regular office attire or formal wear. The necktie in India, is in all probability a tortured soul. Necktie a part of the formal wear of men and women is increasingly gaining popularity as a result of which many companies which include big names like Zodiac, Park Avenue and Pantaloons etc. and also a huge number of unorganized players are making their necktie brand available for sale.
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Medical Transcription Centre

Medical transcription, also known as MT, is an allied health profession dealing with the process of transcribing voice-recorded medical reports that are dictated by physicians, nurses and other healthcare practitioners. Medical reports can be voice files, notes taken during a lecture, or other spoken material. These are dictated over the phone or uploaded digitally via the Internet or through smart phone apps. Medical transcription can be defined as a process of transcribing or converting recorded dictations by physicians and/or other healthcare professionals regarding a patient's medical record into a written text. The global Medical Transcription Industry subject to witness a substantial growth due to the growing focus on automation of healthcare services and increasing adoption of advanced reporting techniques. The key factors responsible for the growth of medical transcription industry are reliability, portability, and cost-effectiveness. The medical transcription industry is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the adoption of latest technologies in medical sciences and existence of well-established healthcare infrastructure. Asia-Pacific region is predicted to hold major market share in the medical transcription industry with massive growth in forecast period.
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Lemongrass Oil

Lemongrass oil comes from the leaves or grasses of the lemongrass plant, most often the Cymbopogon flexuosus or Cymbopogon citratus plants. The oil has a light and fresh lemony smell with earthy undertones. It is stimulating, relaxing, soothing and balancing. Lemongrass oil is used as a pesticide and a preservative. The lemongrass oil has antifungal properties. Despite its ability to repel some insects, such as mosquitoes, its oil is commonly used as a "lure" to attract honey bees. Lemongrass oil can be used as a lure when trapping swarms or attempting to draw the attention of hived bees. Lemongrass oil market is segmented on the basis of the application, grade and regions. On the basis of lemongrass oil application market is segmented as pharmaceutical, cosmetics & personal care, and food and beverages. As Lemongrass oil possess high medicinal value and used in various treatments since history market demand in pharmaceutical segment is significantly high. Lemongrass oil is an important essential oil. As the demand for the aromatic cosmetics is increasing, the demand for this oil is also growing. Additionally, the awareness about the advantages of essential oils is growing among the Indian population. Furthermore, mass consumers are becoming conscious about the harmful effects of the chemical cosmetics and personal care products. On the basis of lemongrass oil application in cosmetic & personal care products, the product is used in soaps, deodorants, shampoos, conditioner, body lotion, air freshener and tonics. Lemongrass oil is an essential oil with fresh and citrusy fragrance, extracted from lemongrass. Lemongrass oil is anti-bacterial, anti-fungal, anti-depressant, anti-pyretic, antiseptic, and astringent.
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Viscose Rayon

Viscose is a type of rayon known as semi-synthetic fiber. It is manufactured from naturally occurring polymers. Viscose is manufactured from the solution of cellulose, primarily from wood pulp. Rayon is a fiber used in the manufacture of fabric. It offers properties similar to that of nylon. Viscose differs from other types of rayon due to its distinct manufacturing process and properties. Modal and lyocell are other types of rayon available in the market. Viscose rayon is produced from cellulosic materials such as wood pulp, bamboo and cotton linters. Viscose rayon is a versatile material that has multiple applications in textiles, apparel, nonwovens and industrial sectors. Its demand is expected to see a rise in India as well as globally in the coming years. India is the fastest growing economy in the world, and lower commodity prices have proved beneficial for the manmade fibre industry in India. Petroleum-based manmade fibre prices have also declined, which is giving tough competition to viscose. Demand for viscose fiber is anticipated to increase significantly in the near future due to the rise in global population, increase in standard of living, and growth in disposable income. Viscose is an eco-friendly product; thus, increase in awareness about eco-friendly products and decrease in production of cotton are estimated to augment the demand for viscose fiber. Prices of cotton are rising. This is adversely affecting the demand for cotton, as people are shifting toward substitutes. However, rise in competition from synthetic fibers and retaliatory tariff on viscose in the U.S. are projected to hamper market growth, especially in North America.
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Dibutyl Phthalate

Dibutyl phthalate (DBP) is an organic compound commonly used plasticizer. With the chemical formula C6H4 (CO2C4H9) 2, it is a colorless oil, although commercial samples are often yellow. Because of its low toxicity and wide liquid range, it is used as a plasticizer. Dibutyl phthalate is used in making flexible plastics that are found in a variety of consumer products. Dibutyl phthalate is a man-made chemical that is added to plastics and other chemicals. In plastics it helps keep them soft (a plasticizer). It is also used in elastomers, lacquers, explosives, printing inks, resin solvents, perfume oil solvents, paper coatings, adhesives, and nail polish. It is used as a solid rocket propellant. Nearly 5.5 billion tons of dibutyl phthalate is manufactured every year globally. Changing lifestyle of people, rise in usage of personal care products, and increase in penetration of FMCG products are some of the factors driving the demand for personal care products, especially in Asia Pacific. Demand for dibutyl phthalate is expected to rise in consumer and personal care products. Global dibutyl phthalate (DBP, CAS 84-74-2) market is anticipated to grow at a CAGR of 0.9% by 2023. Based on geography, the global dibutyl phthalate market can be segregated into North America, Asia Pacific, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to be a relatively attractive region for the dibutyl phthalate market during the forecast period.
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Ammonium Sulphate

Ammonium sulfate (NH4)2SO4, is an inorganic salt with a number of commercial uses. The most common use is as a soil fertilizer. It contains 21% nitrogen and 24% sulfur. Ammonium sulfate [(NH4)2 SO4] was one of the first and most widely used nitrogen (N) fertilizers for crop production. It’s now less common but especially valuable where both N and sulfur (S) are required. Its high solubility provides versatility for a number of agricultural applications. Moreover, its ability to be used as a food additive and purification agent are the major trends and factors affecting the market confidently. Therefore, they are used in various applications such as fertilizers, food additives, industrial, and others. The global market for ammonium sulfate is highly dependent on a number of factors such as the fertilizer industry and the stringent environmental regulations related to it. Ammonium sulfate is an inorganic salt which occurs naturally in volcanic fumaroles as a rare mineral, mascagnite. It is prepared by the treatment of ammonia, often as a by-product from coke-ovens with sulfuric acid. Ammonium sulfate is also produced by gypsum which is treated with ammonium carbonate solution to give the precipitate of calcium carbonate leaving ammonium sulfate in the solution. Increasing demand for nitrogen fertilizers is anticipated to one of the major growth factors driving the demand for ammonium sulfate. Ammonium sulfate, as a nitrogenous fertilizer competes with ammonium nitrate, ammonium phosphates, and urea. In addition, sulfur is becoming increasingly popular as a vital nutrient for plant growth owing to ability to synthesize vitamins, enzymes, proteins, amino acids and chlorophyll. It has found to be highly beneficial to a wide range of crops such as wheat, vegetables, rice, potatoes and corn. Global Ammonium Sulfate Market is expected to grow at a CAGR of 4.7% during the forecast period. Growing utilization of nitrogen fertilizers to boost the crop yields, rising demand for ammonium sulfate as a flame retardant, low cost of ammonium sulfate compared to ammonium chloride, increasing demand for ammonium sulphate from food and beverage industries, developing new bio-based fertilizers such as nitrogen fixation biofertilizers are some of the factors driving the market growth. However, harmful environmental issues associated with ammonium sulphate are hampering the market growth.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Laboratory Chemical Unit

Laboratory chemicals are used for testing air, water, and soil under certain conditions. These chemicals help in determining pollutants, trace metal acids, toxic organics, and other impurities present in the environment. The laboratory chemicals market is mainly driven by the growing R&D activities in the field of biological and chemical sciences. The laboratory chemicals market is growing primarily due to a significant increase in their use in basic research applications, coupled with large-scale commercial applications. Laboratory chemicals are compounds or substances that are used to perform experimental and investigative procedures and for the preparation of drugs and other chemicals. These are used in large scale for commercial applications and research purpose. The significant increase in the use of chemicals in basic research applications, coupled with large-scale commercial applications has helped the laboratory chemicals market to grow. The global laboratory chemicals market is expected to witness a moderate growth during the forecasted period, 2018-2023. Asia-Pacific is expected to be the fastest growing market during the forecast period. On the basis of product, the market has been classified as cytokine and chemokine testing, molecular biology, immunochemistry, carbohydrate analysis, cell/tissue culture, biochemistry, and others. The molecular biology segment has been further divided into PCR reagents, gene synthesis and expression, vectors, monoclonal and polyclonal antibodies, enzymes, cloning and sequencing, and others. PCR reagents are sub-segmented into Taq DNA Polymerase, dNTP, Primer, and others. The immunochemistry segment is further sub-segmented into antibody and immunoassay stabilizers, antibody labeling, and others. The increasing demand for laboratory chemicals in the biotechnological industry will drive the market growth in upcoming years.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Information
  • 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
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • 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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