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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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Helmet Manufacturing

A motorcycle helmet is a type of helmet (protective headgear) used by motorcycle riders. The primary goal of a motorcycle helmet is motorcycle safety-to protect the rider's head during impact, thus preventing or reducing head injury and saving the rider's life. Some helmets provide additional conveniences, such as ventilation, face shields, ear protection, intercom etc. Motorcycle helmet is the most important protective gear one can wear while riding a motorcycle. Four basic components work together to provide protection in the motorcycle helmet: an outer shell; an impact-absorbing liner; the comfort padding; and a good retention system (Chin strap). Both the shell and the liner compress if hit hard, spreading the forces of impact throughout the helmet material. The more impact-energy deflected or absorbed, the less there is of it to reach head and brain and do damage. Some helmet shells delaminate on impact. The comfort padding is the soft foam-and-cloth layer that sits next to head. It helps keep comfortable and the helmet fitting snugly. In some helmets, this padding can even be taken out for cleaning. The retention system, or chin strap, is very important. It is the one piece that keeps the helmet on head in a crash. A strap is connected to each side of the shell. Every time put the helmet on, fasten the strap securely. Motorcyclists are at high risk in traffic crashes. A 2008 systematic review examined studies on motorcycle riders who had crashed and looked at helmet use as an intervention. The review concluded that helmets reduce the risk of head injury by around 69% and death by around 42% recently. India is one of the largest manufacturers for two-wheeler helmets in the world. The country has a total manufacturing capacity of 35 million for two-wheeler helmets. This happened as government took various steps for ensuring safety of two-wheeler users by wearing a helmet. In India, around 50% of the helmet industry is under unorganized sector. This will happen as two-wheeler riders become more aware about safety and as technological advancement takes place in the helmet industry. Increase in sales of two-wheelers will also boost the demand for helmets in India. India Two-wheeler helmet market is projected to grow during 2020-2024. India two-wheeler helmet is forecast to grow at a CAGR of around 25% through 2022. Innovation such as carbon fiber helmet, air cooled technology in helmets, helmets with anti-glare visor, push button and helmet lock features, increasing number of helmet manufacturers and safety rules. In India, the importance of helmet is marked by a continuous increase in the number of two-wheeler accidents. In recent years, there has been a huge increase in the number of two-wheeler accidents, and 4.8% of people wearing helmets sustained critical injuries as compared to 23.7% of those who were not wearing helmets. Thus, in India helmets act as one of the most important safety tool. Globally 1.4 million fatalities can be avoided by wearing proper safety helmets. Thus, due to demand it is best to invest in this project. Few Indian major players • Aerostar Helmets Pvt. Ltd. • Helmet Traders Ltd. • M S A (India) Ltd. • Mallcom (India) Ltd. • Royal Enfield Sales Ltd.
Plant capacity: 1500 Nos. per dayPlant & machinery: 230 Lakh
Working capital: -T.C.I: Cost of Project:680 Lakh
Return: 30.00%Break even: 62.00%
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Dal Mill (Roasted Gram Split, Dal & Chana)

India is bound to be global leader in terms of production and consumer of pulses. Since, India is leading importer of pulses; production of pulse crops has been stagnant over the years. Pulses have been grown by farmers since millennia, and these have contributed in providing nutritionally balanced food to the people of India. The various pulses are part of the normal diet of all vegetarians and are also used frequently by non-vegetarians too. They are the main sources of protein. The important dals in the country are Chana, Moong, Urad, Moth, turdal and Masoor, Matar etc. Pulses being the most common diet part of Indian families, need to be given the due importance in the form of production of pulse grains in the farms is also likely to see a break through. A pulse grain is made of two parts covered under a continuous encloser called husk or peels. Cleanly removing the peels and splitting the pulse grains infact two pieces is the most desired form of dal to be cooked for the families. The plants of the chickpeas grow between 20-25 cm and have feathery leaves on both sides of the stem. The scientific name of chickpeas is 'Cicerarietinum', and they are also known as 'chana' in Hindi and several other names like 'Bengal Gram', 'KadaaleKaalu', 'SanagaPappu', 'Shimbra', etc. Chickpeas can grow well only in sub-tropical and tropical climates requiring an annual rainfall of more than 400 mm. India pulses market reached a volume of 27.5 Million Tons in 2019. A significant share of the Indian population are vegetarians and pulses represent the main source of proteins in their diets. Besides proteins, pulses are also a good source of carbohydrates, vitamins, minerals, fatty acids, dietary fibres, etc. Moreover, India’s large consumer base also represents a major driver for the pulses market. From a population of 1.3 Billion in 2018, the Indian population is expected to exceed 1.5 Billion by 2030. One of the major growth drivers of the global pulses market is the increasing production of pulses across the globe. The demand for pulses is growing in APAC, primarily driven by the increasing consumption in India. The producers are increasing the production to meet the growing demand for pulses, which is further expected to increase during the forecast period. Global pulses production has increased by more than 50% between 2000 and 2017. India is a leading producer, consumer, and importer of pulses worldwide. Pulses are grown in around 24-26 million hectares of area in India, producing 17-19 million tonnes of pulses annually. India accounts for over one third of the total world area and over 20 per cent of total world production. India primarily produces Bengal gram (chickpeas), red gram (Pigeon pea), lentil (masur), green gram (Green gram) and black gram (Black Gram). India, for the first time ever, crossed the 20 million mark (22.95 million tons, to be precise) in pulses production in the year 2016-17 on the back of an excellent monsoon and high retail prices of pulses. Monsoon this year too has been favorable and as per the first advance estimates released by the Ministry of Agriculture, is expected to reach 22.90 million tons for the year 2017-18. Entrepreneurs who invest in this project will be successful. Few Indian major players • Asian Health & Nutri Foods Pvt. Ltd. • Bafna Agro Inds. Ltd. • Eastern Overseas Ltd. • Eco Farms (India) Pvt. Ltd. • Gem Mercantile Ltd. • Jaishree Industries Ltd.
Plant capacity: Annagiri Roasted Gram Split:6.5 MT Per Day Mosambi Roasted Gram Split:6.5 MT Per Day Radhe Roasted Gram Split:6.5 MT Per Day Mahabaleshar Roasted Gram Split:6.5 MT Per Day Kala Chana:6.5 MT Per Day Chana Dal:7.5 MT Per DayPlant & machinery: 138 Lakh
Working capital: -T.C.I: Cost of Project:909 Lakh
Return: 27.00%Break even: 53.00%
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Ply Board from Poplar & Eucalyptus Wooden Logs

Ply Board is wooden made board or wooden like raw materials largely used for making ply board. There is large use of ply board nowadays in making wooden base furniture. Poplar and Eucalyptus Wooden Logs can be used for making ply board. Plywood is a building material consisting of veneers (thin wood layers or plies) bonded with an adhesive. There are two types of plywood: softwood plywood and hardwood plywood. Softwoods generally correspond to coniferous species. The most commonly used softwoods for manufacturing plywood are firs and pines. Hardwood plywood is made of hardwood veneers bonded with an adhesive. The outer layers (face and back) surround a core which is usually lumber, particleboard, or medium density fiberboard. Hardwood plywood may be pressed into panels or plywood components (e.g., curved hardwood plywood, seat backs, chair arms, etc.). Poplar wood is a species of wood most commonly used in the making of furniture, cabinets, wooden toys, plywood, etc. It is considered a hardwood, but is just about as easy to work with as pine boards or other soft woods. Poplar is a popular choice for interior work and is something that is always stocked throughout all of Builder locations. Poplar boards are white/ivory in tone with green or brown streaks running through the heartwood of the board. In addition, the wood is straight grained and uniform in texture. It has a medium density which allows paints and glues to adhere very well. Indian particle board and plywood industry dates back to the First World War. It has come a long way having grown nearly six-fold since its inception. The large producers account for 15% of the total production, producing some 38 mn sqm of plywood and blackboards. The ecological considerations had, however, placed the industry in jeopardy owing primarily to the restraints put on the use of timber. Alternate materials in form of agricultural wastes like stalks of cotton and wheat, rice husk and bagasse are slowly getting into the industry as raw material feeds. The Indian market for particle board and plywood is estimated in value terms, at over Rs 37 bn. Of the total market, particle board including medium density fiberboard (MDF board) accounts for nearly a quarter of the market. Nearly 85% of the particle board is supplied by the organized sector. Western India has emerged as the leader in the particle board segment. The Indian plywood market size reached US$ 4.5 Billion in 2019 and current Indian plywood market reached a value of INR 222.5 Billion in 2020. Plywood is manufactured by assembling thin layers of wood veneers bonded together using powerful adhesives. Global Plywood Industry reach 5 Billion by 2027, growing at a CAGR of 7.9% over the period 2020-2027. Hardwood, one of the segments analyzed is projected to grow at an 8.2% CAGR to reach US$58.8 Billion by the end of the analysis period. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players • Archidply Industries Ltd. • Asian Pre-Lam Inds. Pvt. Ltd. • Associate Decor Ltd. • Austin Plywood Pvt. Ltd. • Century Plyboards (India) Ltd. • Duroply Industries Ltd.
Plant capacity: Poplar Ply Board Size: 8' x 4' Thickness: 18mm:250.0 Nos. Per Day Eucalyptus Ply Board Size: 8' x 4' Thickness: 18mm:250.0 Nos. Per DayPlant & machinery: 260 Lakh
Working capital: -T.C.I: Cost of Project:536 Lakh
Return: 28.00%Break even: 63.00%
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Wood Plastic Composite (WPC)

Wood-plastic composites (WPCs) are a product class that has been developing over the last 40 years resulting in increased applications and expanded market share. More specifically, WPCs are composites containing a wood component in particle form (wood particles/wood flour) and a polymer matrix. They are used in a variety of structural and non-structural applications ranging from component and product prototyping to outdoor decking. WPC can be manufactured in a variety of colors, shapes and sizes, and with different surface textures. Depending on the processing method, WPCs can be formed into almost any shape and thus are used for a wide variety of applications, including windows, door frames, interior panels in cars, railings, fences, landscaping timbers, cladding and siding, park benches, molding and furniture. Wood is often used in plastics as a means to reduce price compared to a solid plastic product. Wood used in WPCs often comes from side streams such as sawdust produced while manufacturing lumber or recovered wood products, and is much cheaper to produce than the plastic that it replaces in many products. This often helps to reduce prices for consumers. Wood plastic composite is good to solve the problem arises in the environment. There is scope of use agricultural waste product. In this case we will use waste polypropylene or polyethylene, or it may be used virgin polypropylene or polyethylene, waste wood floor. Rice husk, plastic additives like (DOP, DBP etc.). There are different percentages of raw material used for the production of pallets decking, outdoor furniture like park bench, windows and door shutter frames etc. Indian particle board and plywood industry dates back to the First World War. It has come a long way having grown nearly six-fold since its inception. The large producers account for 15% of the total production, producing some 38 mn sqm of plywood and blackboards. The Indian market for particle board and plywood is estimated in value terms, at over Rs. 37 bn. Of the total market, particleboard including medium density fiberboard (MDF board) accounts for nearly a quarter of the market. Nearly 85% of the particleboard is supplied by the organized sector. The wood-plastic composites market is projected to reach USD 5.84 Billion by 2021, at a CAGR of 12.4% from 2016 to 2021. Based on application, the wood-plastic composites market has been segmented into building & construction products, automotive components, industrial & consumer goods, and others. Based on type, the market has been segmented into polyethylene (PE), polyvinylchloride (PVC), polypropylene (PP), and others. Entrepreneurs who invest in this project will be successful. Few Indian major players • Amazon Wood Pvt. Ltd. • Archidply Industries Ltd. • Aryan Enterprises Pvt. Ltd. • Asian Pre-Lam Inds. Pvt. Ltd. • Associate Decor Ltd. • Austin Plywood Pvt. Ltd. • Best Board Ltd.
Plant capacity: 10,000,000 Sq.Ft. per annumPlant & machinery: 142 Lakh
Working capital: -T.C.I: Cost of Project:687 Lakh
Return: 28.00%Break even: 57.00%
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English Willow Cricket Bat

A cricket bat is a specialized piece of equipment used by batsmen in the sport of cricket to hit the ball, typically consisting of a cane handle attached to a flat-fronted willow-wood blade. It may also be used by a batter who is making their ground to avoid a run out, if they hold the bat and touch the ground with it. The length of the bat may be no more than 38 inches (965 mm) and the width no more than 4.25 inches (108 mm). Its use is first mentioned in 1624. Since 1979, a law change stipulated that bats can only be made from wood. The willow used in making bats in Kashmir was brought in by the British, who ruled India, during the 1820s. The industry combines traditional tools with modern technology. Some of the districts where these bats are made in Kashmir are Anantnag, Baramula, and Pahalgam. Traditional Indian cricket bats are made in the regions of Jammu and Kashmir, Punjab, Haryana, Gujarat, Uttar Pradesh and Rajasthan. In Kashmir they are made out of willow found in northern India. Some bats made in Kashmir are of international standards and are/were used by national players in India Sunil Gavaskar, Virender Sehwag and Yuvraj Singh. English willow bats with minor visual defects such as grains which are not perfectly straight, or dis-colourations, are also cheaper. Geoffrey Boycott, former England captain and one of the most successful Test players in history, has stated that such bats will play just as well as better-looking ones and that players ought to buy the cheaper ones to get the same performance at a better price. Further, with projected demand of cricket bats expected to increase to 4 million per annum in the global market by the year 2020, the future of this industry looks very promising because the Kashmir willow comprises about 60 percent of the total bats manufactured in India. Additionally, with a compound growth rate of about 8.4 percent, the potential turnover from the export of this commodity is projected to increase to 100 million per annum in the year 2030. The top cricket bat manufacturers in India. Cricket Bats over the years have faced a massive change. Initially, it had followed two rules. Firstly, it should be a Kashmir willow or an English willow. Secondly, the dimensions will be 956 mm*108mm. But nowadays, the bats are customized according to the needs of the batsmen. Bats have carbon-reinforced fabric polymer down the bat, size of handles are varied, bats weigh less than the bats used in the 1990s, etc. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players • Adidas India Pvt. Ltd. • Hike Pvt. Ltd. • Nike India Pvt. Ltd. • Puma Sports India Pvt. Ltd. • Sanspareils Greenlands Pvt. Ltd. • Sporting & Outdoor Ad-Agency Pvt. Ltd.
Plant capacity: 6.7 Nos. Per DayPlant & machinery: 8 Lakh
Working capital: -T.C.I: Cost of Project:22 Lakh
Return: 29.00%Break even: 81.00%
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Maize Processing Unit (Starch, Glucose, Germs, Fibres, Gluten & Steep Water)

Globally, maize is known as queen of cereals because it has the highest genetic yield potential among the cereals. It is cultivated on nearly 150 m ha in about 160 countries having wider diversity of soil, climate, biodiversity and management practices that contributes 36% (782 mt) in the global grain production. The U.S. of America (USA) is the largest producer of maize contributes nearly 35% of the total production in the world and maize is the driver of the US economy. The USA has the highest productivity (> 9.6 t ha-1) which is double than the global average (4.92 tha-1). Whereas, the average productivity in India is 2.43 tha-1. In India, maize is the third most important food crops after rice and wheat. Besides food, maize and maize products have numerous industrial uses such as in adhesives, explosives and soaps, and for textile sizing, etc. Maize starch is employed in the manufacture of asbestos, ceramics, dyes, plastics, oil cloth, linoleum, paper, and paper boards, and in textiles, mining, deep oil drilling, and cosmetic and pharmaceutical industries. The derivatives of maize starch include glucose or corn syrup, corn sugar, dextrin, and industrial alcohol, which is employed in different industries. The grain is used for making various alcoholic beverages. Maize starch is extensively used as a sizing material in the textile and paper industries. In the food industry, it is used in the preparation of pies, puddings, lad dressings and confections. It is used to manufacture tablets, as a binder and used as a substitute to cellulose. It fulfils all specifications of pharmaceuticals. In textile Industry:- It improves weaving performance. It is used in textile finishing. It increases the stiffness of the fabric and improves the texture. Glucose syrup is used in the food processing industry, chiefly in confectionery. One of the main and most important uses of maize fiber is that it is used to prepare sweeteners, starches and ethanol. It thus finds use in several industries. 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. India Corn Starch market growth can be attributed to the easy availability of corn and its wide range of applications in various industries such as food and beverage, pharmaceutical, animal feed, textile industry, paper industry, and others. Thus, due to demand it is best to invest in this project. Few Indian major players • Aksharchem (India) Ltd. • Amaravati Agro Ltd. • Cargill India Pvt. Ltd. • Devi Corn Products Ltd. • Gayatri Bioorganics Ltd. • Gujarat Ambuja Exports Ltd.
Plant capacity: Maize Starch:30 MT per day Liquid Glucose:30 MT per day Gluten:4.50 MT per day Germs:6 MT per day Fiber:14 MT per day Steep Water:6 MT per dayPlant & machinery: 3206 Lakh
Working capital: -T.C.I: Cost of Project:4496 Lakh
Return: 21.00%Break even: 49.00%
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Packaged Drinking Water with PET Bottles

Humans need clean tasty and safe drinking water free from any microorganism when human is thirsty and is ready to pay substantially if need be. This is available in Pouch, Bottles and cans as per requirement of the customers. The water used for potable purposes should be free from undesirable impurities. The water available from untreated sources such as Well, Boreholes and spring is generally not hygienic and safe for drinking. Thus it is desirable and necessary to purify the water and supply under hygienic conditions for human drinking purpose. Bottled water is drinking water (e.g., well water, distilled water, mineral water, or spring water) packaged in plastic or glass water bottles. Bottled water may be carbonated or not. Sizes range from small single serving bottles to large carboys for water coolers. Bottled water is the most dynamic market of all the food and beverage industry. Mineral water is bottled under very hygienic conditions under strict quality control before being marketed. Its major use is in five star Hotels, Hospitals, tourist place, function & People houses where good quality pure water is required for potable purposes. It is marketed at places and regions where hygienic drinking water is not freely available. The bottled water industry in India witnessed a boom soon after BISLERI launched its packaged drinking water in the country. This significant growth was fueled by a surge in advertising by the industry players that "bottled water was pure and healthy" As it is being considered as healthy compare to tap water or other water sources, the people conscious about health are opt for bottled water of known brand. India's packaged bottled water industry is currently dominated by the top five players, including PARLE (BISLERI, BAILLERY), PEPSICO (AQUAFINA), COCA COLA (KINLEY), DHARIWAL (OXYRICH) AND NOURISH CO. (HIMALYAN). Apart from these other leading bottled water brands in India are: KINGFISHER, TATA WATER PLUS, QUA, BLUEFIN, OVIVO, etc. The market is expected to reach INR ~403.06 Bn by the end of 2023, from its current value of INR ~160 Bn, expanding at a compound annual growth rate (CAGR) of ~20.75% from 2018. Based on volume, the market is likely to reach ~35.53 Bn liters by 2023, expanding at a CAGR of ~18.25% from 2018 to 2023. As a whole there is a good scope for new entrepreneur to invest in this business.
Plant capacity: Packaged Drinking Water 200 ml Size Bottle:28,800 Bottles per Day Packaged Drinking Water 500 ml Size Bottle:28,800 Bottles per Day Packaged Drinking Water 1000 ml Size Bottle:38,400 Bottles per DayPlant & machinery: 306 Lakh
Working capital: -T.C.I: Cost of Project:632 Lakh
Return: 24.00%Break even: 51.00%
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Methyltetrahydrophthalic Anhydride (MTHPA)

Methyl TetrahydroPhthalic Anhydride (MTHPA). It is used in the production of adhesives, acrylic resins, paints & lacquers. It is one of the best solidifier or curing agent for epoxy resins. Methyl tetrahydrophthalic Anhydride, one of the MTHPA anhydride referred to as MTHPA, MeTHPA, has two isomers, namely 4-methyltetrahydrophthalic anhydride and 3-methyltetrahydrophthalic anhydride, having a melting point of 65°C and 63°C. It is rarely used as a curing agent alone. The actual commodity is a liquid mixture that isomerized to various isomers. The molecular weight is 166.17, and light yellow color, transparent oily liquid, relative density of 1.20-1.22. Freezing point <-20°C. The boiling point is 115-155°C. Viscosity (25°C) 40-80 mPa•s. The refractive index is 1.4960 to 1.4980. The anhydride group content is ? 40%. MTHPA is mainly used as a curing agent for epoxy resins. It has a low tendency to absorb moisture from the air and zero or minimal formation of carbon dioxide when mixed with tertiary amine accelerators. MTHPA can be easily blended with various liquid resins providing stable, low viscous mixture and long pot lives. In the field of reinforced plastics, it is used for filament wound products (pipes for oil, poles and sport goods), laminated sheets, and printed circuit boards, switch gears. Thanks to its excellent insulating properties, MTHPA found a lot of applications for the production of electrical parts such as: capacitors, resistors, wiring parts transformers, ignition coils, fly back transformers. The Methyltetrahydrophthalic Anhydride (MTHPA) market will depend on market share (sales and revenue) of key companies and growth opportunities of the Methyltetrahydrophthalic Anhydride (MTHPA) market by type, application, key manufacturers and key regions and countries. The market is expected to reach $14.19 billion in 2025 at a CAGR of 5%. Entrepreneurs who invest in this project will be successful.
Plant capacity: 16,000 Kgs Per DayPlant & machinery: 234 Lakh
Working capital: -T.C.I: Cost of Project:897Lakh
Return: 28.00%Break even: 57.00%
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Adhesive (Fevicol Type)

“Adhesive” as a general term includes cement, mucilage, glue, and paste-terms that are often used interchangeably for any organic material that forms an adhesive bond. 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. It has a non-crystalline and relatively branched rather than linear structure. Most grades of resin have a somewhat broad molecular weight distribution. They do not melt, but soften over a temperature range. The resin is unaffected by sunlight, ultraviolet light and air, furthermore it will absorb a small amount of water. Polyvinyl acetate is neutral and non-corrosive. Because of their relatively low cost, ready availability, wide compatibility and excellent adhesive characteristics, many polyvinyl acetate resins, solutions and emulsions are treated as commodity items by the adhesives industry. Most of the differences in physical properties among polyvinyl acetate grades are primarily a function of molecular weight. Adhesives are made in various types and may be synthetic or natural. The term synthetic adhesive means the adhesive which is prepared by using synthetic chemicals such as synthetic resin. These adhesive are adaptable to high speed machinery in paper conversion and packaging fields and find place as wood adhesives Polyvinyl acetate is now used in adhesives for various application including the following:- 1. Book Binding. 2. Paper Bags. 3. Milk Car. 4. Drinking Straws. 5. Envelopes. 6. Gummed Tapes. 7. Folding Boxes. 8. Multi - Wall Shipping Bags. 9. Labels, Film and Paper Boards. Use as an emulsion, soluble in water, it is particularly useful for glueing porous materials, particularly for wood, paper and cloth. Over the last few years, the adhesive business has seen global players setting up new capacities in India. With customs duty nearing ASEAN levels, competition will further intensify from imports as well as the low cost local players. Adhesives market in India is projected to cross US$ 1.3 billion by 2025. The market size of all types of adhesives is very large and growing. Of this, the premium products account for some 45%. Quantitatively, the overall market size is growing annually at 11%. Thus, due to demand it is best to invest in this project. Few Major Indian Players:- • Anabond Ltd. • Arofine Polymers Ltd. • C I C O Technologies Ltd. • Century Plyboards (India) Ltd. • D H Resins & Chemicals Pvt. Ltd. • D I C India Ltd. • F C L Technologies & Products Ltd.
Plant capacity: 1.0 MT per DayPlant & machinery: 47 Lakh
Working capital: -T.C.I: Cost of Project:165 Lakh
Return: 27.00%Break even: 62.00%
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Bitumen •Polymer Modified Bitumen •Bitumen Emulsion •Cutback Bitumen

Bitumen is an important low-cost thermoplastic which finds many applications as a building and engineering material; however, bitumen has poor mechanical properties as it is hard and brittle in cold environments and soft and fluid in hot environments. One of the many ways of toughening bitumen is by blending it with synthetic polymers, which can be either virgin or waste polymer. The only materials that have shown a real ability to improve all the required properties are polymers, including thermoplastic, thermo hardening, and elastomeric polymers. Bitumen emulsion is a mixture of fine droplets of bitumen and water. But as the bitumen is a petroleum product it doesn’t mix with water and as it is sticky in nature, it doesn’t easily gets disintegrated into fine droplets for this an emulsifier is used. Cutback bitumen is a range of binders that are produced by blending (mixing) penetration grade bitumen and a hydrocarbon solvent, such as paraffin or mineral turpentine. The primary aim of the modification of bitumen for use in structural layers is to increase the resistance of these layers to permanent deformation at high road temperatures without compromising the properties of these layers over the rest of the prevailing temperature range. • The use of polymer modified bitumen to obtain improved performance is rising as a result of increases in tire pressures, axle loads, and higher traffic volumes. • Improved performance can be achieved in two ways, both of which are aimed at reducing the permanent strain: • An increase in the elastic component with an associated reduction in the viscous component; and Stiffening of the bitumen to reduce the total viscoelastic response of the layer Asia Pacific is expected to be the fastest-growing market and is expected to witness gains at a CAGR of 3.0% from 2016 to 2024 in terms of volume. Government initiatives to construct roads to access rural areas is projected to propel the demand for bitumen over the forecast period. ). As a whole there is a good scope for new entrepreneur to invest in this business.
Plant capacity: Polymer Modified Bitumen:4.0 MT Per Day Bitumen Emulsion:8.0 MT Per Day Cutback Bitumen:8.0 MT Per DayPlant & machinery: 95 Lakh
Working capital: -T.C.I: Cost of Project:540 Lakh
Return: 30.00%Break even: 80.00%
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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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