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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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Investment Opportunities in Business of Turkey Red Oil

The oldest textile finishing chemical is Turkey Red Oil, often known as sulphonated castor oil in the trade. Turkey Red Oil is an example of a product created from castor oil. Sulfated Castor Oil is another name for it. This oil is well-liked in the market because of its ability to disperse freely in water, as well as its extended shelf life and purity. Turkey red Oil is a complex blend of pigments, oil varnishes, driers, and frequently waxy or oily substances. Turkey Red Oil is used as a humectant in cosmetics and as an emulsifier in bath oils. It's also utilised as a defoaming agent and an emulsifier in the textile and sugar industries, among other things. • As surfactants and wetting agents in textiles, defoaming agents in paper, emulsifiers in cosmetics, undecylenate in medicines, paints, inks, and lubricants. • This Turkey Red Oil or sulfonated castor oil aids in superfatting liquid soap for the soap-making business that wants to make transparent soaps. • This oil also aids in the emulsification of essential oils, allowing them to dissolve in water-based solutions. • It's the only oil that dissolves fully in water. It's a surfactant, therefore it's a great base for bath oil because it mixes nicely with water and creates a milk bath. • Sulfonated castor oil is also utilised as organic manure in agriculture, in the paper sector for defoaming, and in pharmaceuticals. The global Sulphonated Castor Oil market was worth USD million in 2019 and is predicted to reach USD million by the end of 2026, growing at a CAGR of between 2021 and 2026. Because of the transition in sectors away from petrochemical resources, the worldwide sulfated castor oil market is in a state of flux. The global sulfated castor oil market is being driven by a growing shift in consumer preference for bio-based chemicals, which may be ascribed to fluctuating petrochemical pricing and rising demand for sustainable and bio-degradable plant-based chemical products. Few Indian Major Players 1. Adya Oils & Chemicals Ltd. 2. Biotor Industries Ltd. 3. Ihsedu Agrochem Pvt. Ltd. 4. Jayant Agro-Organics Ltd. 5. Kalyani Refineries Ltd. 6. Mangalam Global Enterprise Ltd. 7. N K Industries Ltd.
Plant capacity: Turkey Red Oil 4,000.0 Kgs Per DayPlant & machinery: 36 Lakhs
Working capital: -T.C.I: Cost of Project: 164 Lakhs
Return: 26.77%Break even: 66.49%
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Investment Opportunities and Strategies in Startup of Oxygen Gas Plant (Industrial and Pharmaceutical Grade).

Chemicals used in industry might be elemental gases, chemical compounds, organic or inorganic. Specialty gases, medical gases, fuel gases, and refrigerant gases are some of the terms used in different industries. The various gases are employed in a range of industries, with the metal, polymer, and food industries being the most common. The different gases' applications are mentioned below. The Glenbrook steel mill uses the majority of the oxygen produced by BOC Gases to oxidise undesirable impurities in the steel. The rest is used in food processing, medical oxygen for respiration, and oxy-acetylene torches. Industrial oxygen is utilized for combustion, oxidation, cutting, and chemical reactions in industrial plants. The purity levels of industrial oxygen are not suitable for human consumption, and contaminants from filthy equipment or industrial storage could make people sick. Medical oxygen is produced with a high level of purity, and the oxygen generation equipment is built to the highest quality requirements. In the air separation, medical oxygen is distilled until it fulfils medical criteria. Ambulances, surgery, and intensive care units all need medical grade oxygen. It is mandatory to have adequate drug licences and follow standard operating processes while producing medical oxygen, which is also listed as a drug on the WHO list of essential medicines. Most living things require oxygen to survive, therefore the importance of oxygen in the area of medicine cannot be overstated. Oxygen is employed in almost every aspect of healthcare, from resuscitation to inhalation therapy. Chronic asthma, cystic fibrosis, pulmonary hypertension, obstructive sleep apnea, heart failure, anaphylaxis, significant trauma, and seizure or hypothermia are just a few of the chronic and acute health disorders for which oxygen treatment is commonly utilised. Oil and gas, petrochemicals, chemicals, power, mining, steelmaking, metals, environmental protection, medicine, pharmaceuticals, biotechnology, food, water, fertilisers, nuclear power, electronics, and aerospace are just a few of the industries that employ industrial oxygen gases. To live, we need to breathe oxygen. However, oxygen has numerous practical use. It may kill microorganisms and is used in welding and wastewater treatment. Carbon monoxide poisoning is treated with oxygen, which also permits divers to breathe underwater. The global industrial gases market was worth USD 92.0 billion in 2020, and it is predicted to increase at a CAGR of 6.0 percent from 2021 to 2028. The expanding manufacturing industry in Asia Pacific's developing economies is primarily responsible for the market's growth. Furthermore, rising industrialization and urbanisation, as well as the increased use of industrial gases in a variety of industries, including healthcare, metals and mining, and food and beverages, are projected to have an impact on market growth in the coming years. Gases produced in significant numbers for use in industrial processes are referred to as industrial gases. These gases are also known as fuel, medicinal, refrigerant, or speciality gases, depending on their application in various industries. The market for medical and pharmaceutical gases and equipment is expected to reach $15.2 billion in 2019, with a CAGR of 6.4 percent from 2020 to 2025. Pharmaceutical and medical gases are fluids designed for use in the medical, pharmaceutical, and biotechnology industries. They're typically utilised to synthesise, sterilise, or insulate human-health-related processes or goods. Major Key Players: 1. Arrow Oxygen Ltd. 2. Bhagawati Oxygen Ltd. 3. Govind Poy Oxygen Ltd. 4. Howrah Gases Ltd. 5. Linde India Ltd. 6. Madhav Industrial Gases Pvt. Ltd. 7. Niket Udyog Ltd. 8. Praxair India Pvt. Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Emerging Business of Disposable Safety Razors. Profitable Industry of Men Grooming Products.

A safety razor is a shaving equipment with a guard that protects the skin from the blade. The safety razor's initial goal was to lessen the risk of harm while shaving and the skill required for a proper shave. The safety razor significantly reduced the need to visit a barber for a shave. With only a single blade and a plastic grip, the disposable razor quickly became a popular instrument among innumerable men who appreciated the convenience of a short shave that was even safer than a safety razor. A shaver with a replaceable blade with a razor-sharp edge; sometimes known as a safety razor. A disposable razor is a comparable device made of plastic with a blade that is not replaceable or sharpenable and is designed to be discarded when the blade dulls. Disposable Safety Razors are: 1. Cost Effective: Although purchasing a double edged razor may appear to be costly, it is quite cost effective in the long run when considering that all that is required is the purchase of blades, which are actually less expensive than cartridge blades. 2. Balance: Because of the pivot, this razor maintains a steady viewpoint while shaving, making it the best because it is easier and faster to use. This is the most appealing element of it. 3. Convenience: While most people prefer to go the modern route, those who have chosen this traditional method of shaving have found it to be cost-effective and simple to use. 4. Time Management: If you value your time, it's time to ditch those pricey cartridges and embrace a double-edged razor, since research has proved that it is truly quite quick to use. 5. Less Maintenance: Unlike fixed type razors, it is very easy to clean due to the ability to change blades. 6. Quality: The edges of a double edge razor are sharper than those of a multi-blade razor, resulting in better outcomes. 7. Environmentally Friendly: Because it is composed entirely of metal, it is immediately considered environmentally friendly. In 2018, the global razor market was worth USD 10.2 billion, and it is expected to grow at a CAGR of 3.5 percent from 2019 to 2025. Several factors are driving the industry, the most important of which is a growing focus on men's grooming and increased consumer awareness of personal cleanliness. Disposable razors make for a sizable portion of the industry, and demand is expected to continue to rise. The Disposable razor's biggest commercial restraint is its higher initial cost. Furthermore, in the case of this type of razor, an individual must learn how to shave properly. The expanding urge to look well groomed, rising per capita income, and rapid urbanization are all contributing to this growth. Men's grooming industry demand has expanded in recent years as a result of growing male customer awareness of their appearance. Furthermore, because more than half of the population is under the age of 30, the industry has a large local market. Furthermore, the market is predicted to rise through 2025 due to an increase in the urban middle class population and enhanced distribution channels in tier II and tier III cities. Major Key Players: Everkeen Blade Co. Ltd. Gillette India Ltd. Jindal Stainless Ltd. Laser Shaving Products Pvt. Ltd. Narang Medical Ltd. Paramount Surgimed Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Lucrative Business of Essential Oil from Lemon Grass. Best Business for New Startup.

Lemongrass essential oil is extracted from the lemongrass plant, which thrives in tropical and subtropical climates. The oil has a citrus fragrance and can be brilliant or light yellow in colour. Lemongrass has long been used in traditional medicine to treat pain, stomach issues, and fevers. Other advantages could come from its antioxidant, anti-inflammatory, and antifungal qualities. Lemongrass is also known as fever grass because of its remarkable capacity to successfully relieve fever and a variety of other diseases. This oil has antifungal, antibacterial, and antioxidant properties, making it a popular choice for those who want perfect skin and strong, healthy hair. The patients used the gel in conjunction with nonsurgical dental therapy to treat gum disease. The outcomes were compared to those of a group that only used nonsurgical dental care. Benefits of Lemongrass Essential Oil: 1. Refreshes The Atmosphere: This oil is known to instantly freshen the atmosphere when sprayed in a diluted form in the environment, working as a natural room freshener or perfume. Toxic components in chemical-based air fresheners could affect us in the long run. 2. Reduces Pain And Muscle Cramps: Citral, found in lemongrass essential oil, is recognised for reducing inflammation-related pain and cramps. This oil is frequently administered to the region of concern for pain alleviation as a home therapy for rheumatoid arthritis. 3. Promotes Skin Health: The oil offers a wide range of skin-beneficial characteristics. Lemongrass oil is recognised for improving overall skin texture by washing and detoxifying the skin and pores, as well as removing excess oil. 4. Skincare: Lemongrass essential oil has anti-inflammatory characteristics, which means it can help with redness, irritation, itching, and swelling. Because of its antibacterial and astringent characteristics, it is frequently used in cosmetics aimed at achieving soft, toned, and luminous skin. Market Outlook: Between 2019 and 2027, the global lemongrass oil market is expected to reach USD 421.13 million, increasing at a CAGR of 6.9%. Growing knowledge of lemongrass oil's health advantages is a crucial aspect driving the global industry forward. Lemongrass oil is in high demand due to the public's growing desire for natural remedies. The rising popularity of aromatherapy and the increasing availability of aromatherapy candles and diffusers are also contributing to the worldwide lemon grass market's rise. Furthermore, rising demand for lemongrass oil in the cosmetics and pharmaceutical industries is expected to propel the market forward in the approaching years. Furthermore, lemongrass oil provides a variety of health benefits that are linked to essential oils, which are expected to increase demand for lemongrass oil in pharmaceutical and medical applications, and the product has no detrimental side effects, which will aid in penetrating the market in the future. Another key market driver is the growing use of culinary dishes in the food and beverage industry. The market for lemongrass essential oil is being driven by an increase in the use of lemongrass essential oil in aromatherapy, as well as increased demand from the pharmaceutical industry due to increased health advantages and increased demand from the food and beverage industry for culinary meals.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Manufacturing Business of Steel Container (Cargo Container)

Every year, the freight container sector produces a large number of intermodal containers. They're utilised all around the world to convey things. Each year, roughly 180 million container cargoes are transported across the oceans by about 5000 container ships. For global trade enterprises to thrive in today's increasingly competitive economic environment, international transportation of containerized commodities is essential. Containers are typically built of steel (for marine containers) or aluminium (for domestic containers), and their structure provides flexibility and hardiness. 1. Refactor Existing Applications to Make Them Container-Friendly: Refactoring is far more time-consuming than lift-and-shift migration, but it allows you to reap the full benefits of a container environment. 2. Create new container-native applications: This method, like refactoring, unlocks the full potential of containers. 3. Improve Microservices Architecture Support: Individual container building parts make it easier to isolate, deploy, and scale distributed applications and microservices. 4. Make Repetitive Jobs and Tasks Deployment Easier: Containers are used to support one or more comparable operations that operate in the background, such as ETL functions or batch jobs. In 2019, the global Shipping Containers Market was valued at US$ 10,350.1 million and 306,324 thousand units, and it is predicted to grow at a CAGR of 5.9% from 2020 to 2027. Containerization's increasing speed, reliability, and safety have driven enterprises to use containers to ship their goods. Containerization is boosted even further by lower long-distance containerized transportation costs paired with trade globalisation. Few Indian Major Players 1. D C M Hyundai Ltd. 2. J K Technosoft Ltd. 3. Techno-Cap Equipments India Pvt. Ltd.
Plant capacity: Cargo Containers (Size 20 Feet) 4.0 Nos Per Day Cargo Containers (Size 40 Feet) 4.0 Nos Per Day Cargo Containers (Size 40 Feet High Cube) 2.0 Nos Per DayPlant & machinery: 2945 Lakhs
Working capital: -T.C.I: Cost of Project: 1364 Lakhs
Return: 26.29%Break even: 45.45%
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Business Ideas for Manufacturing of Steel Shipping Containers (Cargo Container). Profit-Making Production Business of Metal Marine Containers for Entrepreneur and Startup.

An intermodal container, also known as a shipping container, is a big standardised shipping container designed and built for intermodal freight transit, which means it may be used across multiple modes of transportation without having to unload and reload its goods. In the global containerized intermodal freight transport system, intermodal containers are largely utilised to store and carry commodities and products efficiently and safely, but lesser quantities are also employed in localised applications. Simply container, cargo or freight container, ISO container, shipping, sea or ocean container, sea van or (Conex) box, container van, sea can or c can are all names for these containers. The following are just a few of the numerous advantages of steel shipping containers: 1. Corrugated Steel: Corrugated steel can bear varied weight loads in terms of resistance and impact. Steel containers may be stacked on top of one another without buckling under extreme strain because of this. 2. Long-Lasting Durability: The steel shipping container is quite durable in general. These containers, which are made of one of the strongest metals in the building industry, can withstand practically any weight and impact load. 3. Dent and Warp Resistant: Because the steel walls are corrugated, a shipping container can endure a beating from a variety of factors and items. 4. Completely Low-Maintenance: Due to the nature of corrugated steel and its resistance to the elements, steel shipping containers require very little maintenance. 5. Marine-Grade Plywood Flooring: With either marine-grade plywood or bamboo flooring, the inside of a steel container is just as striking. In most cases, this flooring contains trace levels of pesticide. The most significant component of the entire shipping, trade, and transportation industries is container units. These shipping containers are structures that house a variety of items that must be carried from one area to another through container ships of various types. 1. Dry Storage Container: A dry storage container is the most often used shipping container, and it comes in a variety of ISO-standardized dimensions. They are used to convey dry products and available in sizes of 20ft, 40ft, and 10ft. 2. Flat Rack Container: A flat rack container is a simple storage shipping container with foldable sides that can be folded to create a flat rack for shipping a variety of items. 3. Open Top Container: Materials of any height can be transported simply with a convertible top that can be removed completely to produce an open-top. 4. Tunnel Container: Tank storage containers with doors on both ends are ideal for efficiently loading and unloading items. 5. Open Side Storage Container: These storage units include doors that can be converted to fully open sides, giving you even more room to load your materials. 6. Double Doors Container: A sort of storage unit with two doors that allows for extra area for material loading and unloading. Steel, iron, and other 7. construction materials come in standard 20ft and 40ft lengths. 8. Refrigerated ISO Containers: These are temperature-controlled shipping containers that are kept at a low temperature at all times. They are exclusively used to transport perishable items across vast distances, such as fruits and vegetables. 9. Insulated or Thermal Containers: These are shipping storage containers that have a temperature control system and can maintain a steady temperature. The materials are chosen in such a way that they can withstand prolonged exposure to high temperatures for an extended period of time. They're ideal for transporting products over vast distances. 10. Cargo Storage Roll Container: A foldable container is one of the specialised container units designed for transporting sets or stacks of materials. They're comprised of strong, durable wire mesh and have rollers for simple moving. The availability of a range of coloured wire meshes adds a splash of colour to these shipping container modules. As part of the Atmanirbhar Bharat programme, which intends to improve India's exports, the government is looking into mass-producing containers while also creating a shipping line. Shipping products necessitates the use of containers. India is currently fully reliant on the government-owned Shipping Corporation of India. Until date, the majority of exporters have relied solely on Chinese containers. However, as geopolitical outlines shift, exporters have been impacted by a lack of containers, as well as an increase in freight costs. In response to escalating political tensions, India has cut its imports from China. The global container shipping industry is expected to reach US$10.93 billion in 2025, with a compound annual growth rate (CAGR) of 8.49 percent from 2021 to 2025. Market expansion will be fueled by factors such as a growing population, accelerated economic growth, rising demand for shipping containers, increased steel output, and rapid urbanization. However, rising worries about CO2 emissions, expensive shipping costs, and environmental laws are expected to stymie industry expansion. The shipping containers industry is made up of companies (organizations, single traders, and partnerships) that manufacture shipping containers that are strong enough to survive handling. From common cardboard boxes to huge steel boxes used for intermodal shipments, shipping containers come in many shapes and sizes. Included are only commodities and services that are transferred between businesses or sold to end users. The rise of the shipping container sector was aided by an increase in demand for freight transportation via ships. The demand for freight transportation via waterways is increasing due to considerations such as cost-effectiveness and security when compared to other modes of transportation. The shipping container market's expansion is projected to be stifled by the high prices connected with them. Few Major Indian Key Players: • DCM Hyundai Ltd. • J.K. Technologies Pvt. Ltd. • AB Sea Container Private Limited • Techno-cap Equipments India Pvt. Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Lucrative Business of Magnesium Stearate

Magnesium stearate is a chemical compound made up of magnesium cation and stearate (an anion of stearic acid). Magnesium stearate is a powder that is white and insoluble in water. One of the primary factors driving the worldwide Magnesium Stearate industry is the rapid growth of the pharmaceuticals sector in Asia-Pacific (APAC), as well as the increasing usage of the compound in the personal care sector. In the chemical industry, magnesium stearate is used. The following are some of the most important industries that use stearate: ? Pharmaceuticals ? Cosmetics Industry ? Paints and Varnishes, ? Cement paints ? Manufacture of compound for PVC Pipes ? Rubber Industry ? Soap Industry. Applications: 1. It is used as a binder in pharmaceuticals to bind pills and smooth them out. 2. It is used as a common ingredient or preservative in a variety of foods because it has no known adverse effects. 3. It works well as an emulsifier in syrups, ketchups, and sauces. 4. It is used in confectioneries to bind candy and other items. The global magnesium stearate market was worth $1,492.3 million in 2019, and it is predicted to grow at a CAGR of 5.3 percent over the next five years (2020–2030). One of the primary reasons driving the global magnesium market is the rapid growth of the pharmaceuticals industry in Asia-Pacific (APAC), as well as rising usage of the compound in the personal care sector. The market is expected to rise due to the increasing use of magnesium stearate as an excipient in tablets, capsules, and other medication formulations. The market is growing due to rising health consciousness among people all over the world, as well as rising disposable incomes in nations like China and India. Few Indian Major Players • Micron Chemicals Ltd. • Ritesh International Ltd.
Plant capacity: Magnesium Stearate 10.0 MT Per DayPlant & machinery: 301 Lakhs
Working capital: -T.C.I: 515 Lakhs
Return: 28.00%Break even: 44.00%
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Production Business of Silicone Sealants (Acetic, Natural, MS & PU Types). Profitable Business Idea in Adhesive Industry.

Silicone Mastic, Acetoxy Silicone Sealant, Neutral Silicone Sealant, Sanitary Silicone, Sanitary Silicone Sealant, Fire Rated Silicone Sealant, Rtv Silicone, Rtv Silicone Sealant, Glazing Silicone, Universal Silicone, Aquarium Silicone, silicone caulk, Acrylic gap sealant, silicone gap filling are all names for silicone sealant. Repairs around bathtubs, faucets, toilets, and sinks are ideal for silicone sealants. Silicone caulks and sealants are very beneficial for building work, especially outdoors, due to their strong grip. Silicone sealants are frequently used to seal windows to frames because they produce a water-resistant barrier that holds up well in adverse weather. Silicone sealer is widely used in autos, appliances, and the sealing of wires and sensors in electrical gadgets for the same reasons. In comparison to acrylic sealants, silicone sealants are easier to tool and polish. The weather resistance and weatherproofing capabilities of an acrylic sealer do not compare to those of a silicone sealant once it has been cured. Silicone sealants come in a variety of colours. The white and transparent silicone sealant variants, on the other hand, are by far the most popular. The most typical application of silicone sealant is to make a waterproof, airtight connection between two surfaces or angles. Typically, this will be in a heavily trafficked area that necessitates the construction of a robust yet relatively elastic seal to keep out undesirable air or moisture. Because of their greater flexibility and durability, silicone sealants are frequently preferred over other types of sealants, adhesives, and caulks. They cure into a robust but somewhat elastomeric adhesive that keeps its shape exceedingly well over time and is generally inert at both high and low temperatures. Because of these characteristics, silicone is often utilized to create durable, long-lasting seals and connections in regularly used or particularly brutally exposed places and situations. The rubbery nature of dried silicone seals makes them particularly effective at providing cushioning between surfaces that are prone to movement, whether due to mechanical forces or expansion and contraction caused by temperature changes. From a valuation of USD 2.72 billion in 2019, the Global Silicone Sealants Market is expected to grow at a CAGR of 4.7 percent, generating USD 3.97 billion in sales by 2027. Increased product demand for industrial and construction applications is propelling the market forward. Silicone sealants have great physical qualities, including high flexibility in extreme temperatures, excellent adhesion, and mould resistance. Moisture, chemicals, and external weather conditions are all resistant to it. It can operate effectively in areas where direct water is present. Asia's GDP was anticipated to be about USD 1,030.7 billion in 2018, with a CAGR of 8.9% expected to reach USD 4,622.3 billion by the end of 2023. Through 2027, rising construction activity in the region as a result of growing urbanization and industrialization may support silicone sealants market trends. The product's various advantages, such as its capacity to tolerate extreme heat and cold, insulation, durability, aesthetic finish, water and chemical resistance, and so on, boost their preference for it over other adhesives and sealants. Growing infrastructure development around the world, particularly in developing nations, is expected to propel market expansion. Key Players: 1. H.B. Fuller Company 2. Henkel AG & Co. KGaA 3. Momentive Performance Materials 4. Sika AG 5. Wacker Chemie AG
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Emerging Manufacturing Business of Magnesium Stearate. Business Ideas for Chemical Industry.

Magnesium stearate is a chemical substance that is made up of inorganic elements. Mg(C18H35O2)2 is its molecular formula. Magnesium stearate is made when sodium stearate reacts with magnesium salts or when magnesium oxide reacts with stearic acid. Magnesium stearate is made from sodium stearate, which is produced from vegetable stearic acid. Magnesium stearate is a mixture of soap scum and magnesium stearate that has two stearate equivalents and one magnesium cat-ion (Mg2+). Magnesium stearate is a powder that is white and insoluble in water. At doses of less than 2500 mg/kg per day, it is deemed safe for human consumption. Magnesium stearate has properties like softness, solvent insolubility, and low toxicity. It's used in the manufacturing of medications and cosmetics as a releasing agent and lubricant. The Purpose of Magnesium Stearate: Medications: Magnesium stearate is referred to as a "flow agent" by pharmaceutical companies. Its primary function is to prevent the contents of a capsule from adhering together. It also acts as a barrier between the drugs and the equipment that produce them. The powder increases the pharmaceutical capsules' uniformity and quality. Cosmetics: Magnesium stearate is a useful ingredient in the cosmetics industry for a variety of reasons. It serves as a bulking agent, anti-caking agent, colourant, and other functions. Magnesium Stearate Uses: The magnesium salt of the fatty acid stearic acid is magnesium stearate. It's been utilised as an emulsifier, binder, and thickener in the food business for decades, as well as an anticaking, lubricant, release, and antifoaming agent. Food supplements, confectionary, chewing gum, herbs & spices, and baking components all include it. In the manufacture of pharmaceutical tablets, capsules, and powders, magnesium stearate is frequently employed as an inactive component. In the production of medicinal tablets, capsules, and powders, magnesium stearate is frequently employed as an anti-adherent. The material is especially beneficial in this regard since it possesses lubricating characteristics, which prevent ingredients from sticking to production equipment during the compression of chemical powders into solid tablets; magnesium stearate is the most often used tablet lubricant. However, it may result in decreased wettability and slower disintegration of the tablets, as well as slower and even lower drug solubility. Magnesium stearate can be utilized in dry coating techniques as well. The global magnesium stearate market was worth $1,492.3 million in 2019, and it is predicted to grow at a rate of 5.3 percent between 2020 and 2030. One of the primary factors encouraging the expansion of the worldwide magnesium stearate market is the rapid growth of the pharmaceuticals sector in Asia-Pacific (APAC), as well as the increasing consumption of the compound in the personal care sector. Pharmaceutical, personal care, and food and beverage sectors are among the industries that use the product. It's widely utilised in the pharmaceutical business as a lubricant, binder, and filler in tablet processing, excipients, and ointment manufacture. The market is likely to see increasing investment in R&D efforts from key market participants. The market is expected to rise due to the increasing use of magnesium stearate as an excipient in tablets, capsules, and other medication formulations. The market is growing due to rising health consciousness among people all over the world, as well as rising disposable incomes in nations like China and India. However, rising raw material prices, such as stearic acid, have hampered demand for the product. The market's upward ascent is being hampered by rising raw material prices. Key Players: • Baerlocher GmbH • Nimbasia • Valtris Specialty Chemicals • James M. Brown Ltd. • Faci Asia Pacific Pte Ltd
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Start Investing in Business of Paprika Oleoresin. Best spice oleoresin Industry for a New Startup.

If a paprika-red colour is desired, paprika oleoresin is commonly used in sausages. The oleoresin is not a colour in and of itself, but it was added to sausages for its color-giving properties. Paprika oleoresins come in a variety of forms and grades, with concentrations ranging from 20 000 to 100 000 colour units (CU). In general, the higher the oleoresin quality, the longer the colour lasts in meat products. The colour obtained from paprika oleoresin in products such as fresh sausages is not stable, and over time, especially when combined with high product storage temperatures, the colour fades until it is completely gone. Food colourants have a short shelf life, however oleoresin paprika is thought to be able to be stored for up to 18 months without losing its natural dyeing capacity. It's usually kept as a dry powder or a liquid paste with a faint odour. There are various tests to see if it's oleoresin paprika or not. Canned meats, sausages, smoked pig, sandwich spreads, and soups, cheeses, orange juice, spice mixes, sauces, and desserts all contain paprika oleoresin. It is used to darken the colour of egg yolks in poultry feed. In many applications where the texture is crucial and minute particles of paprika powder would be undesired, paprika oleoresin is employed as a colour and flavour ingredient. Cheese, orange juice, spice mixes, sauces, desserts, and emulsified processed meats are among the foods coloured with paprika oleoresin. It is used to darken the colour of egg yolks in poultry feed. Because of its anti-inflammatory and anti-oxidant characteristics, product demand is predicted to rise as gastrointestinal disorders become more prevalent. Because of its analgesic, anti-cancer, antioxidant, and anti-inflammation properties, chilli oleoresins are also employed in medicinal applications. They aid in the reduction of free radicals in the body. From 2020 to 2027, the Paprika Oleoresin Market is expected to increase at a CAGR of 4.8 percent, from USD 1.51 billion in 2019 to USD 2.20 billion in 2027. Because of its expanded uses in the food, cosmetics, and pharmaceutical industries, the global Paprika Oleoresin market is likely to see considerable revenue growth over the period. Increased demand for natural colours across the globe is driving the overall paprika oleoresin market's marker revenue growth. The global market for paprika oleoresin is relatively substantial in European countries, owing to ideal meteorological and soil conditions for paprika cultivation, as well as the ability to harvest paprika mechanically, adding to a significant domestic product. The market for paprika oleoresin is growing in tandem with the global demand for food colouring. Food makers are increasingly substituting natural colouring agents for synthetic hues, allowing them to keep their labels clean. Furthermore, a huge proportion of people around the world use far more salt than is necessary. Salt is coloured with paprika oleoresin, and there is a high desire for items with less salt. Key Players: 1. Universal Oleoresins 2. Ungerer and Company 3. Plant Lipids 4. Akay 5. Synthite 6. AVT Natural Products Ltd 7. Indo World 8. Paprika Oleo’s 9. Paras Perfumers
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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