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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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Camphor Powder

Camphor (Cinnamomumcamphora) is a white, crystalline substance with a strong odor and pungent taste, derived from the wood of camphor laurel (Cinnamomumcamphora) and other related trees of laurel family. Camphor tree is native to China, India, Mongolia, Japan and Taiwan and a variety of this fragrant evergreen tree is grown in Southern United States? especially in Florida. Camphor is obtained through steam distillation, purification and sublimation of wood, twigs and bark of the tree. There are many pharmaceutical applications for camphor such as topical analgesic, antiseptic, antispasmodic, antipruritc, antiinflammatory, anti¬infective, rubefacient, contraceptive, mild expectorant, nasal decongestant, cough suppressant, etc. Camphor is easily absorbed through the skin and can also be administrated by injection, inhalation and ingestion. Global camphor market is anticipated to grow at a CAGR of 7.9% over the forecast period. Factor such as the growing demand of the camphor in making medicine for different type of diseases is expected to drive the growth of the camphor market in upcoming years. Due to good chemical properties it has wide range of application in various end user industries such as pharmaceuticals, food, agriculture and chemical among several others. It is also used for making ointments with vapor for treating cough and chest congestion. Rising demand of camphor for the ointments is anticipated to drive the growth for the market. Camphor are witnessed to experience high demand from various end-users in the global market. Owing to the benefits provided by camphor for various applications has led to high demand for camphor in the market. Camphor provides high medicinal benefits such as pain and swelling reduction, relief from congestion and cough, relieves worn out muscles, sprains, etc. Camphor is also used in manufacturing wide range of ayurvedic medicines. Growing demand from the pharmaceutical industry has therefore led to high demand for camphor in the market. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Camphor & Allied Products Ltd. Kanchi Karpooram Ltd. Mangalam Organics Ltd. Oriental Aromatics Ltd. Saptagir Camphor Ltd. Vinayak Ingredients (India) Pvt. Ltd.
Plant capacity: Camphor Powder: 3000 Kgs / DayPlant & machinery: Rs 159 lakhs
Working capital: -T.C.I: Cost of Project : Rs 459 lakhs
Return: 26.00%Break even: 52.00%
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Gourmet Popcorns

Popcorn is a variety of corn kernel which expands and puffs up when heated; the same names are also used to refer to the foodstuff produced by the expansion. A popcorn kernels strong hull contains the seed's hard, starchy shell endosperm with 14–20% moisture, which turns to steam as the kernel is heated. Pressure from the steam continues to build until the hull ruptures, allowing the kernel to forcefully expand, from 20 to 50 times its original size, and then cool. Popcorn is one of the six major types of corn, which includes dent corn, flint corn, pod corn, flour corn, and sweet corn. Each kernel of popcorn contains a certain amount of moisture and oil. Unlike most other grains, the outer hull of the popcorn kernel is both strong and impervious to moisture and the starch inside consists almost entirely of a hard type. The global popcorn market is projected to reach $15billion by 2023, registering a CAGR of 7.6 percent from 2017 to 2023, with ready-to-eat leading the segment. While established FMCG businesses have either launched a popcorn product or are looking to launch one, startups too have built ready-to-eat or ready-to-cook popcorn brands in the domain. It would be futile to undermine the potential this industry has. The future of India Snacks Market can be judged from the fact that this industry is expected to grow with double digit CAGR for the time frame of 2018 to 2024. India snacks market is dived between organized players and unorganized market. At present Unorganized market is dominating the India snacks market. But this scenario is expected to change during the forecast period of 2018-2024. India Snacks Market is growing due to following factors Lifestyle Changes, Rising Urbanization, Growing Middle Class Population, Local Availability and Availability of Snacks in Small Package Size, Low Price and Company’s Strategies to focus on regional taste. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Agro Tech Foods Ltd. D F M Foods Ltd. Frito-Lay India Hershey India Pvt. Ltd. Prataap Snacks Ltd. Rishabh Food Products Ltd. Zea Maize Pvt. Ltd.
Plant capacity: Gourmet Popcorns 50g Pack: 4000 Packs / Day Gourmet Popcorns 100g Pack: 4000 Packs / Day Gourmet Popcorns 150g Pack: 4000 Packs / Day Gourmet Popcorns 200g Pack: 4000 Packs / DayPlant & machinery: Rs 38 lakhs
Working capital: -T.C.I: Cost of Project : Rs 132 lakhs
Return: 36.00%Break even: 61.00%
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Meat Analogue, Vegan Meat & Mock Meat from Soyabean and Wheat Gluten

A meat analogue, also known as a meat alternative or substitute, or as mock, imitation, vegetarian, or vegan meat, approximates certain aesthetic qualities (such as texture, flavor, appearance) or chemical characteristics of specific types of meat. Generally, meat analogue means a food made from vegetarian ingredients, and sometimes without animal products such as dairy. Many analogues are soy-based (e.g. tofu, tempeh) or gluten-based, but now may also be made from pea protein. The target market for meat analogues includes vegetarians, vegans, non-vegetarians seeking to reduce their meat consumption, and people following religious dietary laws in Hinduism, Judaism, Islam, and Buddhism. Increasingly the global demand for sustainable diets in response to the outsized role animal products play in global warming and other environmental impacts has seen an increase in industries focused on finding substitutes similar to meat. There has been an increased leaning towards non-meat based protein alternatives. International players such as Impossible Foods and Beyond Meat which offer substitute products for meat have been doing brisk business. Infact, reports predict that the global meat substitute market size which was valued at $4.1 billion in 2017 is expected to scale up to $8.1 billion by 2026. India meat substitutes market is expected to grow at a CAGR of close to 10% during the forecast period. The India meat substitutes market is driven by rising health concerns coupled with growing awareness about various diseases caused due to lack of proteins among consumers. Also, increasing vegan population in India is expected to bolster the growth of market over the next few years. Growing demand for plant-based meat products among the population is further aiding the growth of India meat substitutes market over the coming years. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Cargill Foods India Ltd. Roquette India Pvt. Ltd. Shanti Overseas (India) Ltd. Chandan Udyog Ltd. Sonic Biochem Extractions Pvt. Ltd.
Plant capacity: Meat Analogue (200 gms each Pack): 1000 Packs / Day Vegan Meat (200 gms each Pack): 1000 Packs / Day Mock Meat (200 gms each Pack): 1000 Packs / DayPlant & machinery: Rs 17 lakhs
Working capital: -T.C.I: Cost of Project : Rs 138 lakhs
Return: 29.00%Break even: 62.00%
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HDPE/PP Bags

At present there is underutilization of existing capacity due to marketing problems after introducing of Jute packaging Mandatory Order 1986. The demand for woven sacks was sluggish for a variety of reasons. A few years back Flat looms were used for the manufacture of woven sacks. Now it has been manufactured on circular looms, which have high productivity. This helped in minimizing the cost of production; however due to high cost of jute bags & also due to resistance to chemicals, moisture etc. most of industry prefer HDPE/PP woven sacks for packaging. Lighter in weight & have more advantages than conventional bags. PP/HDPE woven sacks laminated with LDPE/PP liner have wider applications. HDPE woven sacks are much stronger & can withstand much higher impact loads because of HDPE strips elongation at break is about 15-25% as compared to 30% of Jute. These sacks are much cleaner & resist fungal attack. Jute prices are very unstable in the market since Jute is an agriculture product. These sacks have many advantages over other conventional sacks materials & are quite competitive in price. Woven Packaging Fabrics, Woven bags and fabrics are often used as an industrial packaging material. The packaging bags and fabrics are available mostly in HDPE (High Density Polythene) and PP (Polypropylene). Depending on end use these are either laminated, or supplied without lamination. Based on material type, the global plastic bags and sacks market is segmented into biodegradable and non-biodegradable. The biodegradable segment is further segmented into polylactic acid (PLA), poly-hydroxyl-alkanoates (PHA), and starch blend resins, while the non-biodegradable segment is further segmented into low density polyethylene (LDPE), high density polyethylene (HDPE), polypropylene (PP), linear low density polyethylene (LLDPE), and polystyrene (PS). Changes in consumer lifestyle, rapid pace of industrialization, rising consumer goods and retail sector, and declining prices of oil and gas in emerging markets are the factors accentuating market growth. The global market for plastic bags and sacks is forecast to expand at a CAGR of over 3.4% from 2016 to 2024. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Aditya Polymers Ltd. Ashok Polymers Ltd. Ashoka Poly Laminators Ltd. Bardanwala Plastics Pvt. Ltd. Bihar Raffia Inds. Ltd. Commercial Syn Bags Ltd. Dhoot Compack Pvt. Ltd. Eclat Industries Ltd.
Plant capacity: HDPE/PP Woven Bags: 120,000 Nos / DayPlant & machinery: Rs 562 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1207 lakhs
Return: 26.00%Break even: 57.00%
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Disposable Plastic Syringes

Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. The constantly increasing use of this type Syringe indicates its importance which is based mainly on the advantages it offers regarding cost and hygienic applications. The manufacture of plastic syringes has been developed to such a degree that the products now satisfy the requirements and standards set by Hospital and physicians. At the same time they offer the best possible technique of application to the physician and the highest possible degree of safety to the patient. In medical industries syringes are very important and play a significant role. It is a medical device which is used to inject or withdraw fluids from the body. Numerous categories of syringes are used by medical experts depending on the situations. The aim behind using syringes is to clean wounds by infusing fluids into body. Syringes are used for distillation of blood, for vaccination, for infusing of insulin, for governing anesthesia etc. The market of medical disposables holds the revenue of approximately USD 225 billion in 2016 at a CAGR of around 7% over the forecast period i.e. 2016-2024 in which global syringes market accounted for USD 5 billion in 2016 due to increasing number of chronic diseases and so on. On the basis of products disposable syringes are the dominating market with a CAGR of around 6% over the forecast period i.e. 2016-2024 because disposable syringes are used only once ensuring the safety of patients. On the basis of material, glass syringe is dominating the segment and is expected to reach a value of USD 15 million by 2024 because they can be sterilized and reused. The syringes market is expected to reach USD 15.99 Billion by 2021 from USD 10.56 Billion in 2016, at a CAGR of 8.7% during the forecast period. Thus, due to demand it is best to invest in this project.
Plant capacity: Disposable Plastic Syringes 1 ml Size: 720 Boxes / Day (Each Boxes = 100 Pcs) Disposable Plastic Syringes 5 ml Size : 720 Boxes / Day (Each Boxes = 100 Pcs) Disposable Plastic Syringes 10 ml Size : 720 Boxes / Day (Each Boxes = 100 Pcs) Disposable PlPlant & machinery: Rs 513 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1300 lakhs
Return: 28.00%Break even: 63.00%
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Rice Beer with Can & Bottle Packaging

Beer is distributed in bottles and cans and is also commonly available on draught, particularly in pubs and bars. The brewing industry is a global business, consisting of several dominant multinational companies and many thousands of smaller producers ranging from brewpubs to regional breweries. The strength of modern beer is usually around 4% to 6% alcohol by volume (ABV), although it may vary between 0.5% and 20%, with some breweries creating examples of 40% ABV and above. Beer forms part of the culture of many nations and is associated with social traditions such as beer festivals, as well as a rich pub culture involving activities like pub crawling and pub games such as bar billiards. Today, the brewing industry is a global business, consisting of several dominant multinational companies and many thousands of smaller producers ranging from brewpubs to regional breweries. The Global Beer Market was valued at $593,024 million in 2017, and is projected to reach $685,354 million by 2025, growing at a CAGR of 1.8% from 2019 to 2025. The origin of beer dates to the early Neolithic period, and is one of the oldest and the most consumed alcoholic beverages in the world. Beer is a popular beverage all over the world. Though an alcoholic - beverage beer is not considered a hot drink like rum or whisky as it contains alcohol ranging from only 8 to 9 percent. It is considered good for health in the sense that being very less in alcoholic contents it is found effective in improving appetite. Rice beer preparation and its consumption is a traditional practice among the ethnic communities of North-East India. It plays a vital role in the socio-cultural life of the tribal people as it is considered indispensable in get-togethers, festivals and religious ceremonies such as child birth, marriages, death ceremonies, etc. Major brands of Mysore Breweries include Knockout, Bengal Premium, Pals Premium, and Seven Stars. It has two breweries in Aurangabad and Bangalore, with a total capacity of 450,000 hl. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Anheuser Busch Inbev India Ltd Appollo Distilleries & Breweries Pvt. Ltd Carlsberg India Pvt. Ltd. Castle Breweries Ltd. Devans Modern Breweries Ltd. Foster'S India Ltd. Lilasons Breweries Ltd Malabar Breweries Ltd. [Merged]
Plant capacity: Rice Beer (650 ml Bottle):12,924 No’s/Day Rice Beer (500 ml Can): 16,800 No’s/DayPlant & machinery: Rs 2631 lakhs
Working capital: -T.C.I: Cost of Project : Rs 4596 lakhs
Return: 27.00%Break even: 42.00%
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Ciprofloxacin Hydrochloride

Ciprofloxacin is a synthetic chemotherapeutic antibiotic of the fluoroquinolone drug class. It is a second-generation fluoroquinolone antibacterial. It kills bacteria by interfering with the enzymes that cause DNA to rewind after being copied, which stops synthesis of DNA and of protein. Ciprofloxacin is not to be used in infants as they have not developed sufficient enzymes to metabolize the drug. Severe adverse reaction will occur in this patient group. Ciprofloxacin is used to treat a number of infections including: infections of bones and joints, endocarditic, gastroenteritis, malignant otitis externa, respiratory tract infections, cellulites, urinary tract infections, prostitutes, anthrax, chancroid, among others. This medication is used to treat a variety of bacterial infections. Ciprofloxacin belongs to a class of drugs called quinolone antibiotics. It works by stopping the growth of bacteria. This antibiotic treats only bacterial infections. It will not work for virus infections (such as common cold, flu). Using any antibiotic when it is not needed can cause it to not work for future infections. The global API market is poised to grow at a CAGR of around 6.6 per cent over the next decade to reach approximately US $238.8 billion by 2025. The prominent trends that the market is witnessing include, growing geriatric population, rapid growth in biopharmaceuticals sector and technological advancements in API manufacturing. Indian pharmaceutical sector is expected to grow to US$ 100 billion, while medical device market is expected to grow US$ 25 billion by 2025. Pharmaceuticals export from India stood at US$ 20.70 billion in FY20. Pharmaceutical export include bulk drugs, intermediates, drug formulations, biological, Ayush and herbal products and surgical. India's biotechnology industry comprising biopharmaceuticals, bio-services, bio-agriculture, bio-industry, and bioinformatics is expected grow at an average growth rate of around 30 per cent a y-o-y to reach US$ 100 billion by 2025. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Aarti Drugs Ltd. Aurobindo Pharma Ltd. Cipla Ltd. Indoco Remedies Ltd Kores (India) Ltd. Wockhardt Ltd. Sun Pharma Medisales Pvt. Ltd.
Plant capacity: Ciprofloxacin Hydrochloride: 600 Kegs’/DayPlant & machinery: Rs 201 lakhs
Working capital: -T.C.I: Cost of Project : Rs 580 lakhs
Return: 27.00%Break even: 58.00%
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Maize and It’s By Products (Maize Starch, Sorbitol, Liquid Glucose, Dextrose Monohydrate, Dextrose Anhydrous, Gluten and Maltodextrin)

Maize also known as corn is a cereal grain. Maize has become a staple food in many parts of the world, with total production surpassing that of wheat or rice. However, not all of this maize is consumed directly by humans. Some of the maize production is used for corn ethanol, animal feed and other maize products, such as corn starch and corn syrup. The six major types of corn are dent corn, flint corn, pod corn, popcorn, flour corn, and sweet corn. Maize is important to India as 15 million Indian farmers are engaged in Maize cultivation. Having realized the potential of Maize in generating better income to farmers while providing gainful employment, Maize qualifies as a potential crop for doubling farmer’s income. There is a tremendous potential of growth of the Maize value chain in the country. The consumption of Maize has increased at a CAGR of 11% in last five years. This is mainly because the area under kharif maize (2016-17) saw a jump to 84.26 lakh ha. There is a bearish trend in the global maize market due to over production in key maize growing countries led by US. Given the global scenario which hints a surplus production this year and assuming the normal kharif maize area, the Agricultural Market Intelligence Centre projected the prices of maize at kharif harvest period of 2017-18. India corn starch market is estimated to be valued at 1.37 Billion in 2018 and is estimated to grow at a CAGR of 3.9% during the forecast period 2019–2024. Corn Starch production in India is very fragmented since there are a large variety of producers or manufacturers with different production capacities. The main raw material for the same is maize but to a small extent, some other materials and used and they include rice, potato and tapioca. The key products or derivatives which are hence obtained include modified starches, syrups, sweeteners, corn germ and others. The main demand for starches arises from textile, paper and construction industries besides the pharmaceutical industry. The use of these derivatives in the food industry is growing but not at a very fast pace, however, there is a lot of potential for the corn starch processing industry that remains untapped. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Aksharchem (India) Ltd. Cargill India Pvt. Ltd. Sahyadri Starch & Inds. Pvt. Ltd. Roquette India Pvt. Ltd. Wockhardt Health Care Ltd. Universal Starch-Chem Allied Ltd Tirupati Starch & Chemicals Ltd. Devi Corn Products Ltd. Gayatri Bioorganics Ltd.
Plant capacity: Maize Starch: 67 MT / Day Sorbitol: 11.34 KL / Day Liquid Glucose: 11.34 KL / Day Dextrose Monohydrate: 11.34 MT / Day Dextrose Anhydrous: 5.60 MT / Day Gluten : 11 MT / Day Maltodextrin: 5.70 MT / Day Germ: 12.Plant & machinery: Rs 6273 lakhs
Working capital: -T.C.I: Cost of Project : Rs 8902 lakhs
Return: 27.00%Break even: 39.00%
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Craft Beer

A microbrewery or craft brewery is a brewery that produces small amounts of beer (or sometimes root beer), typically much smaller than large-scale corporate breweries, and is independently owned. Such breweries are generally characterized by their emphasis on quality, flavour and brewing technique. Craft brewing" is a more encompassing term for developments in the industry succeeding the microbrewing movement of the late 20th century. The definition is not entirely consistent but typically applies to relatively small, independently-owned commercial breweries that employ traditional brewing methods and emphasize flavor and quality. The term is usually reserved for breweries established since the 1970s but may be used for older breweries with a similar focus. A United States trade group, the Brewers Association, interested in brand transparency, offers a definition of craft breweries as "small, independent and traditional". The global craft beer market to grow at a CAGR of 11.04% during the period 2017-2021. The latest trend gaining momentum in the market is increasing exports of craft beer. In the past few years, the American craft beers were not likely to find a place in the beer markets of Europe and Asia. Current scenario, the American craft beers are one of the major reasons behind the increase in demand for craft beers in Asia and Europe. Craft beers are also able to compete successfully with other alcoholic products in the European countries. The demand for exotic, rare, and innovative flavors of craft beers has increased. The trend of consumption of craft beer began in western world and spread to other regions rapidly. Looking at the economic development at global level and specifically for BRIC countries, the increasing purchasing power of consumers, trends of healthy consumption leading to changes in consumption basket of consumers are likely to remain significant. The increasing consumption of craft beer is driven by this desire to socialize and spend some quality time with family and friends. The craft beer is considered fresh and is preferred by mass consumer especially in developed countries and the trend is spreading across the globe. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Arthos Breweries Ltd Arlem Breweries Ltd. Associated Breweries & Distilleries Ltd. Blossom Industries Ltd. Buckingham Distilleries & Breweries Ltd. Carlsberg India Pvt. Ltd. Castle Breweries Ltd. Him Neel Breweries Ltd. Indo Lowenbrau Breweries Ltd. Kesarval Beverages Ltd.
Plant capacity: Craft Beer (Bottles 650 ml Size): 18,462 Nos. / Day Craft Beer (Al. Cans 500 ml Size): 24,000 Nos. / DayPlant & machinery: Rs 1366 lakhs
Working capital: -T.C.I: Cost of Project : Rs 4432 lakhs
Return: 33.00%Break even: 40.00%
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Rice Husk based Biodegradable Cutlery

Biodegradable cutlery has emerged as a better alternative to plastics across the globe and Indians have been early adopters of biodegradable products. All kinds of plant biomass material such as biogases, rice husk, coconut coir etc. are being utilized for producing eco-friendly cutlery, tableware and packaging products that could see a surge in usage in the coming decade. Rice husk is a surprisingly strong material that can withstand significant wear and tear and has a long life. Rice husk tableware is one of the most durable forms of biodegradable cutlery that can withstand temperatures of more than 100oC without getting damaged. This reusable tableware has a smooth glossy covering that is 100% natural and derived from the wax present in rice husks. The global biodegradable cutlery market size was accounted for USD 33.9 million, in 2018 and is projected to grow at a significant rate of CAGR of 5.9% during the forecast period, 2019 to 2025. The growing awareness about hazardous impacts of non-biodegradable waste is expected to positively affect the market growth. The government has formed strict regulations for banning non-biodegradable plastic. Supportive government initiatives along with growing consumer awareness about side effects of non-biodegradables are projected to boost the market growth. Furthermore, increasing demand for eco-friendly products such as cups and plates across the hotels and restaurants is contributing to market growth. Eco-friendly cutlery provides more convenience include cups, plates that can be carried while vacations, family outings. However, the biodegradable item such as spoons and cups costs higher than traditional cutlery. Moreover, during the process of manufacturing biodegradable plastics greenhouse gases are released which affects the environment. This factor may restrain the market growth. Thus, due to demand it is best to invest in this project.
Plant capacity: Biodegradable Cutlery (Per Set 9 Pcs. Flatware): 1,852 Sets / DayPlant & machinery: Rs 28 lakhs
Working capital: -T.C.I: Cost of Project : Rs 142 lakhs
Return: 28.00%Break even: 63.00%
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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.
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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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