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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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Milk Powder (Baby Milk for 0 to 5 year, Milk Powder for Coffee and Tea)

Milk is an essential part of human diet. It's nutrient-dense, delicious, and easy to digest. Proteins, fats, sugars, minerals, and a wide range of vitamins are all abundant. In terms of milk production, India ranks only behind the United States of America and the Soviet Union. However, India's milk output is insufficient to fulfil the needs of the country's massive population, with daily average intake per person falling short of the optimal requirement of around 310 grammes. Milk and milk products come in a variety of forms, including fresh milk products, concentrates, and dried items. Milk powders can be used in place of fresh milk and concentrates. The conversion of liquid dairy streams to powder results in a convenient and consistent supply of milk solids. 1. Milk Powder is eaten as a snack. 2. It's a full-fledged newborn food. 3. Among other things, it's used to manufacture curd, butter, ghee, cream, and ice cream. 4. Milk powder is found in nearly every home. 5. It's utilised in the production of milk meals, as well as tea and coffee, at hotels and restaurants. 6. It's used to make cheese, yoghurt, ice cream, and lassi, among other things. The global milk powder market is estimated to grow at a CAGR of 4.4 percent between 2018 and 2025, from $27,783.3 million in 2017 to $38,086.1 million in 2025. Milk powder is a dehydrated dairy product created by evaporating milk. The purpose of making milk powder is to extend the shelf life of milk without using a refrigerator. There are several types of milk powder available, including whole milk powder, skimmed milk powder, dairy whitener, and various variations of milk powder. Few Indian Major Players 1. D S P I Milk Foods Ltd. 2. Haryana Milk Foods Ltd. 3. Herman Milkfoods Ltd. 4. K K Milk Fresh India Ltd. 5. Kamdhenu Foods Ltd. 6. Markandeshwar Foods & Allied Products Ltd.
Plant capacity: Baby Milk Powder 400 gms Size Pack 62,500Nos Per Day Milk Powder for Tea & Coffee 200 gms Size Pack 25,000 Nos Per Day Milk Powder for Tea & Coffee 500 gms Size Pack 10,000Nos Per DayPlant & machinery: 948 Lakhs
Working capital: -T.C.I: Cost of Project: 2711 Lakhs
Return: 29.00%Break even: 50.00%
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Copper Wire Drawing & Enamelling

Copper is one of the oldest materials known to man, as well as one of the most widely utilised non-ferrous metals today. Copper, like Ag and Au, belongs to the first row of transition elements, which also includes Sc, Ti, V, Cr, Mn, Fe, Co, Ni, Cu, and Zn. It belongs to the periodic table's group 11. The element has an atomic number of 29, a mass of 63, two major oxidation states (+1 and +2), and two naturally occurring isotopes (63Cu and 65Cu) with corresponding abundances of 69.17 percent and 30.83 percent. Copper is easy to stretch, mould, and shape, is corrosion-resistant, and has excellent heat and electrical conductivity. As a result, copper was essential to early humans, and it is still employed in a variety of applications today. The winding of motors and transformers is done with copper wire. Copper wire is available in several gauges (32 gauge to 18 gauge). The winding required for the specific motor or transformer determines the copper wire gauge. Wire having a conductor diameter of 0.500 to 4.000 mm is suitable for submersible motor winding. Copper wire is in high demand among motor and transformer makers, as well as for motor and transformer rewinding. Copper wire is used in a variety of applications such as power generation, transmission, distribution, telecommunications, electronics circuitry, and a variety of electrical equipment. Copper and copper alloys are also used to make electrical connections. Building electrical wire is the most important market for the copper industry. Copper is mostly used in the electrical industry for components such as electrical apparatus, bus bars, and wire. Copper is not very ductile at temperatures between 250 and 600°C, and it cannot be forged or stamped at temperatures above 800°C due to its high brittleness. Pure copper is rarely forged or stamped, and only its alloys bronze and brass are regularly forged or stamped. Cables and wires, which account for approximately 40% of India's electrical industry, are in high demand due to the growing demand for electricity, light, and communication. Wires and cables are widely utilised in a number of industries and serve a critical role in the development of infrastructure. The need for wire and cables is closely tied to the growth of the manufacturing industry and infrastructure in the electrical, telecommunications, residential, and commercial sectors. As a result, the government's initiatives on a variety of fronts, such as power, housing, infrastructure, and digitization, are almost certain to generate a lot of business for the wire and cable industry in the coming years. Few Indian Major Players 1. Bharat Insulation Co. (India) Pvt. Ltd. 2. Chandra Metals Pvt. Ltd. 3. Elite Conductors Ltd. 4. Grid India Power Cables Pvt. Ltd. 5. Khandelwal Cables Ltd. 6. Madhav Copper Ltd.
Plant capacity: Copper Wire (0.914 to 0.376 mm) 350 Kgs per day Enamelled Copper Wire (0.914 to 0.376 mm) 350 Kgs per day Intermediate Copper Wire (2.5 mm) 4,000 Kgs per day Intermediate Copper Wire (1.2 mm) 5,000 Kgs per dayPlant & machinery: 432 Lakhs
Working capital: -T.C.I: Cost of Project: 1233 Lakhs
Return: 28.00%Break even: 46.00%
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Tomato Ketchup & Mayonnaise

Tomatoes are one of the most important food crops in India. It is found in almost every state in the United States. The top producers are Bihar, Karnataka, Uttar Pradesh, Orissa, Andhra Pradesh, Maharashtra, Madhya Pradesh, and West Bengal. Vitamins A and C, as well as potassium, minerals, and fibre, are abundant in tomatoes. Because the raw material can be found all throughout the country. Tomatoes are one of the most important "protective foods" due to their great nutritional value. It's one of the most flexible vegetables, and it's been used in Indian cooking for centuries. Tomatoes are used in soups, salads, pickles, ketchup, purees, sauces, and more. Ketchup, an acidic, seasoned tomato sauce, is one of America's favourite condiments. Although ketchup, sometimes known as catsup, is most commonly associated with hamburgers, hot dogs, and French fries, it can also be found in sauces, meatloaf, beans, and stews. Mayonnaise is one of the most popular sauces in the world. Egg yolks, vinegar, oil, and a few other ingredients are used to make a semi-solid oil-in-water emulsion. Mayonnaise is available in a range of colours, although the most popular are white, cream, or pale yellow. It can range in texture from a light cream to a thick gel. It's served with sausages, burger patties, chips, and salads as a culinary flavouring and hunger stimulant. It can range in texture from a light cream to a thick gel. It's offered with sausages, burger patties, chips, and salads as a culinary flavouring and to whet the appetite for a first meal. Mayonnaise has a high oil content, which contributes to the product's lubricity and creamy texture. Mayonnaise is an emulsion, which is a mixture of two liquids that would not normally mix together. Combining oil with water is a famous example. A tiny number of unorganised and individually owned firms produce mayonnaise. It's a better alternative product, to put it that way. Vegetable oil, vegetable protein, milk protein, egg protein, fat emulsifier salt, and water are the most common basic materials used in product manufacture. All of the basic raw materials are readily available in India. A mixer, a digital balance, an emulsifying machine or a colloid mill, holding tanks, a boiler, and other basic plant and machinery are needed. The machines are all manufactured in the United States. The global tomato ketchup market will be worth US$ 19.70 billion in 2020. The market is estimated to grow at a CAGR of 4.70 percent from 2021 to 2026. Table sauce, often known as tomato ketchup, is a cold condiment produced from soft red tomatoes that mixes well with both hot and cold dishes. It has a sweet and tangy flavour and is usually used to snacks and appetisers to enhance their flavour. In a blender, combine ripe blanched tomatoes, vinegar, sugar, and a selection of seasonings and herbs to make tomato ketchup. In India, the mayonnaise and salad dressing industry is becoming one of the most active and rapidly growing segments of the food service industry. As a result of improving living standards and changing lifestyles, the need for sophisticated taste in meals is becoming a growing trend in the food industry, which is benefiting the mayonnaise and salad dressing sectors. The demand for mustard sauce, caeser salad dressing, creamy cheese salad dressings, liquid salad dressing sauces, Italian and Russian salad dressing, thousand island salad dressing, eggless and garlic mayonnaise, and other mayonnaise and salad dressing products is higher than ever, giving the Indian market a boost. Few Indian Major Players 1. Adinath Agro Processed Foods Pvt. Ltd. 2. Cremica Food Inds. Ltd. 3. Del Monte Foods India Pvt. Ltd. 4. General Mills India Pvt. Ltd.
Plant capacity: Tomato Ketchup (500 gms Size Glass Bottle) 4,000 Nos. per day Mayonnaise (500 gm Size Glass Bottle) 2,000 Nos. per day Mayonnaise (200 gm Size Pouches) 5,000 Nos. per dayPlant & machinery: 67 Lakhs
Working capital: -T.C.I: Cost of Project: 362 Lakhs
Return: 30.00%Break even: 57.00%
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HDPE Pipes

For decades, HDPE pipe has been used in non-potable water applications. Because of its welded joints, HDPE pipes are very popular. While welding necessitates the use of specialised equipment, it eliminates the need for separate fittings, which are a typical source of leaks and contaminant infiltration. HDPE is a very flexible polymer that can endure more abuse on the job site than brittle polymers such as PVC. Because of the flexibility of the piping system, turns can be achieved without the use of additional joints. High density polyethylene (HDPE) is used as a drainage pipe material because it is lightweight, corrosion resistant, easy to install, and has a low maintenance cost. The design of HDPE corrugated drainage pipe is based on the idea that it will deform and so alleviate stress. As a result, ductility is an important quality for allowing for deflection during the pipe's service life. HDPE resins with low ductility may induce unexpected breaking in the pipe due to a phenomenon known as "slow crack advancement." To decrease cracking, the stress crack resistance (SCR) of HDPE resins must be properly assessed. HDPE pipes are corrosion-resistant and simple to work with, making them more practical and long-lasting. HDPE pipes are lightweight and use less energy to manufacture. Other polyethylenes have varied densities, hyper-branched crystallinities, molecular weights, and chain structures. HDPE may be processed at temperatures ranging from 160°C to 250°C, with a shrinkage rate of 1.5 to 3%. Due to its great heat resistance, flexibility, and machinability, HDPE is a prominent polymer in the production of a wide range of plastic goods. The India HDPE Pipes Market was valued $99.9 million in 2018, and is expected to increase at a CAGR of 11.2 percent to $233.5 million by 2026. High density polyethylene (HDPE) pipes are made from raw materials such as PE 63, PE 80, and PE 100. One of the key advantages of HDPE pipes is that they are 6-8 times lighter than cast iron and galvanised iron pipes. HDPE pipes may be easily moulded and welded together due to their high chemical resistance. They are also non-corrosive, making them a great choice for a wide range of applications. Few Indian Major Players 1. Alom Poly Extrusions Ltd. 2. Captain Polyplast Ltd. 3. Dutron Polymers Ltd. 4. Greenfield Irrigation Ltd. 5. JayshreePolytex Ltd. 6. Kunststoffe Industries Ltd. 7. Nimbus Pipes Ltd.
Plant capacity: HDPE Pipes 7,200Kgs per dayPlant & machinery: 82 Lakhs
Working capital: -T.C.I: Cost of Project: 541 Lakhs
Return: 27.00%Break even: 60.00%
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Bamboo Sticks

Bamboo is a tribe of flowering perennial evergreen plants in the grass family Poaceae, subfamily Bambusoideae, tribe Bambuseae; however, in many countries where bamboo is used as a building material, forestry services and departments consider bamboo to be a forestry product, and it is specifically harvested as a tree exclusively for the wood it produces, which is in many ways superior to wood. In fact, it is usually referred to be a tree by cultures that harvest it for wood. Despite the fact that India is the world's second-largest producer of bamboo, 70% of the bamboo used in agarbatti is imported. Imported bamboo sticks are often better in terms of dimension regularity and quality than handmade sticks made in India. When burned, incense sticks are long, cylindrical structures with a bamboo core wrapped in fragrant materials, filling the air with fresh air and perfume. Incense sticks are used for a variety of religious purposes, including cleaning the air, releasing positive energy into the atmosphere, and expelling negative energy from our surroundings. Incense sticks are used in a variety of ceremonies and rites in temples, churches, mosques, and monasteries, among other places, in almost all religions. Currently, the Indian government's ministry of business and trade is in charge of incense stick production (GOI). The main ingredients in incense sticks vary depending on the industry, but they typically include charcoal powder, sticky powders such as Jigat, Sal resin, Guggul, Nargis powder, raw bamboo sticks, water, various oils, aromatic essence, flower essence, sandalwood oil, rose petals, natural and chemical aromatic ingredients, sawdust, and various colour powder. Because incense sticks are in such high demand in India, they are sold through all channels of commerce and distributed to people through retail. The retail mode has a positive impact on sales, and the CAGR is predicted to be around 6% in the next years. India's incense sticks and Dhoop (a sort of incense product) industry is a highly export-oriented industry that brings in significant money for the country. Year after year, India's exports of incense sticks and Dhoop grow, helping to close the country's trade deficit. In terms of both consumption and production, India is the world's largest incense stick market. The market has derived from the highest presence of agarbatti goods, which has grown at a CAGR of over 7% in the last several years. However, because to the items' wide range of smells and long-lasting qualities, consumer acceptance of dhoop goods has increased in recent years. In the coming years, the market for dhoop items is expected to grow at a CAGR of more than 9%, driving up demand for bamboo even more.
Plant capacity: Bamboo Sticks 4 MT Per DayPlant & machinery: 443 Lakhs
Working capital: -T.C.I: Cost of Project: 791 Lakhs
Return: 26.00%Break even: 45.00%
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Chlorinated Paraffin Wax (CPW)

The chlorinated paraffins (CP) business consumes a significant amount of chlorine, accounting for around 12% of all chlorine produced in the country. Chlorinated paraffins have a straight chain length [CnH (2n +2)] with carbon atoms ranging from C10 to C20. Chlorination of n-paraffin or paraffin wax creates chlorinated paraffins, which is commonly done in a batch method. As a result of the exothermic process, hydrochloric acid is produced as a byproduct. Final batches are made by removing any leftover acid residues and adding a stabiliser. Chlorinated paraffin wax is made up of straight-chain hydrocarbons that have been chlorinated. Wax is classified by carbon-chain length and chlorination percentage, with carbon-chain lengths ranging from C10 to C30 and chlorination percentages ranging from roughly 35% to over 70% by weight. Chlorinated paraffin wax is made by chlorinating paraffin wax fractions produced from petroleum distillation. The three most commonly used commercial feedstocks are short-chain (C10-13), intermediate-chain (C14-17), and long-chain (C18-20) paraffins (C18-30). As a secondary plasticizer, paraffin wax is often used in flexible PVC compositions. The delivered paraffin wax is processed in compliance with industry quality requirements utilising sophisticated technology. Chlorinated paraffins are used as extreme pressure lubricant additives in the metalworking industry. It's employed in polymers to manufacture, among other things, fire-retardant and water-repellent coated textile. Rubber chalk and sealants also include them. It's used as a supplemental plasticizer in the vinyl industry. Chlorinated paraffins are used as a general purpose plasticizer in a variety of applications due to their superior performance (low volatility), nondrying and nonpolymerizing characteristics, chemical resistance, and moisture resistance. In 2016, the market for chlorinated paraffin was worth more than USD 1.6 billion, and the industry is predicted to grow at a CAGR of more than 3% through 2024. Chlorinated paraffin wax is a type of synthetic organic chemical product composed of n-alkanes with chlorine concentrations ranging from 30% to 70% by weight. It is made by chlorinating natural alkanes. According to worldwide market expansion in the plastic and manufacturing industries, as well as the aerospace and automotive sectors, the global market for chlorinated paraffin will approach USD 2 billion by 2024; this is a significant aspect fueling product demand throughout developing areas. Few Indian Major Players 1. Aditya Birla Chemicals (India) Ltd. 2. Faith Industries Ltd. 3. Gujarat Alkalies & Chemicals Ltd. 4. Ideal Chemicals (India) Pvt. Ltd.
Plant capacity: Chlorinated Paraffin Wax (CPW) 40 MT per day Hydrochloric Acid (by product) 50 MT per dayPlant & machinery: 641 Lakhs
Working capital: -T.C.I: Cost of Project: 1086 Lakhs
Return: 28.00%Break even: 49.00%
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Menthol Crystal from Mentha Oil

Menthol is a clear, crystalline material. It can be made from natural or synthetic sources. Natural or synthetic laevo menthol has a melting point of 41 to 44°C, making it the only therapeutically active form. Some producers classify crystals according to their shape and size, using terms like "bold crystals," "medium crystals," "medium extra crystals," and "medium extra-large crystals." Extracting mint essential oil (menthe arvensis), freezing the oil, and then crystallising the menthol is how menthol crystals are created. Like rock crystals, the crystals are crystalline and oblong in shape. They have a pleasant minty fresh odour and are transparent to the naked eye. It is soluble in alcohol and oils. Menthol crystals are great inhalants on their own, and they're easy to incorporate into recipes. Add a few drops to a bowl of hot, steaming water for stuffiness and bronchitis, and cautiously inhale the relaxing vapours through the mouth and nose. Menta Oil, often known as Menthol Liquid, is a product of the United States of America with the scientific name Menthapiperita. Steam distillation is used to extract the oil, which has a minty, spicy scent. Because of its exhilarating, stimulating, and uplifting aroma, the oil improves digestion and has a soothing effect on muscle spasms, pains, and aches. It can also be used to reduce nasal pain and pressure, as well as in muscle rub ointments, skin care products, and regulating the oil level of the skin and hair. The Benefits of Menthol Crystals 1. It acts as a natural pesticide, therefore you can use pure Menthol to keep moths out of your garden or honey bee hives. 2. Menthol is a hair growth stimulant that may be added to your hair oil by mixing menthol crystals with it. 3. Menthol crystal can also be used to treat sunburns when coupled with aloe Vera gel. 4. It gets rid of dark spots and reduces black and white heads. 5. Menthol stops plague from spreading and kills germs that cause gingivitis. Menthol crystals are generally obtained from natural sources, and as a result, their popularity is growing in both developed and developing countries. Manufacturers' increased focus on natural and sustainable products is driving the rise of natural-based products across numerous industries. Because the cosmetics industry is so tightly controlled, natural-based raw materials are in high demand. This is expected to drive the menthol crystals market in the coming years. Few Indian Major Players 1. Bhagat Aromatics Ltd. 2. Everest Flavours Ltd. 3. Halcyon Life Sciences Pvt. Ltd. 4. Jindal Drugs Pvt. Ltd. 5. Malik Polychem Ltd. 6. RupangiImpex Ltd.
Plant capacity: Menthol Crystal 1,000 Kgs per day Mentha Oil 333.3 Kgs per dayPlant & machinery: 145 Lakhs
Working capital: -T.C.I: Cost of Project: 592 Lakhs
Return: 27.00%Break even: 54.00%
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Chilli Powder, Chilli Flakes & Chilli Oil

Spices are used in the preparation of food and beverages for flavour, colour, fragrance, and preservation. The bark, buds, flowers, fruits, leaves, rhizomes, roots, seeds, stigmas and styles, and the entire plant tops can all be used to make spices. Herbs, which are a subset of spice, are plants that have aromatic leaves. Spices are often dried and used in their natural, unadulterated state. Chilli, often known as red pepper, is a plant that belongs to the solanaceae family and the genus capsicum. They are believed to have originated in South America. Chillies are also known as chilies, chiles, hot peppers, bell peppers, red peppers, pod peppers, cayenne peppers, paprika, pimento, and capsicum. Chilli is a spice that may be found all over the world. Chilli is a popular spice in both domestic and commercial settings. Chilli can be properly exploited to extract chilli oil and oleoresin, which can then be processed into chilli powders for usage as powdered chilli spices. The oil and oleoresin from the chil will be extracted using either solvent extraction or steam distillation. Chilli oil, The colour of chilli oil is usually brilliant red. Vegetable oil, soybean oil, or sesame oil are commonly used, however olive oil or other oils can also be utilised. Chilli oil is a condiment prepared from vegetable oil that has been infused with chilli peppers. It's popular in Chinese cooking, as well as throughout East and Southeast Asia and other regions of the globe. Chilli oil is prepared by preserving dried chillies in oil. Chilli flakes, red pepper flakes, and crushed red pepper flakes are all synonyms for the same thing: a dried and crushed whole chilli condiment/spice (seeds and all). Typically, red pepper flakes are made up of several different peppers. Chilli flakes, on the other hand, are usually made up of a single pepper kind. Chilli Powder: Chilli powder is a powdered spice mixture that is reddish-brown in colour. It has cayenne pepper for heat, but it also has spices like cumin, garlic powder, oregano, and paprika for the chilli con carne flavour. One part cayenne to seven parts other spices is used, depending on the blend. Each type of chilli powder has a different level of heat, although it is always much less than pure powdered chilli peppers. In India, chilies are consumed and exported in large amounts. It consumes approximately 6.2 million tonnes of the country's total output, or roughly 90%. Chilli powder production accounts for 30% of total production in the country. Chilli powder, dried chilies, pickled chilies, and chilli oleoresins are among the products exported from this crop. Few Indian Major Players 1. A D F Foods Ltd. 2. Catch Foods (India) Ltd. 3. Devon Foods Ltd. 4. Empire Spices & Foods Ltd. 5. Enjayes Spices & Chemical Oils Ltd. 6. Everest Industries Ltd.
Plant capacity: Chilli Powder 1,000 Kgs Per Day Chilli Flakes 500 Kgs Per Day Chilli Oil 50 Kgs Per Day by Product Chilli Oleoresin 300 Kgs Per DayPlant & machinery: 149 Lakhs
Working capital: -T.C.I: Cost of Project: 334 Lakhs
Return: 25.00%Break even: 52.00%
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Epoxy Resin (Liquid)

Epoxy resin is an epoxide-containing reactive pre-polymer and polymer. In the presence of catalysts, these resins react with one other or with a range of co-reactants such as amines, phenols, and thiols. Epoxy resin can be found in a variety of industrial settings. Epoxy resin is a type of resin that has outstanding mechanical properties, chemical resistance, and adhesive strength, making it perfect for a variety of applications. Epoxy resin is sometimes known as poly-epoxides. In terms of shrinkage during cure, as well as moisture and chemical resistance, epoxy resin exceeds other types of resins. It is impact resistant and has a long shelf life. It has excellent electrical and insulating properties as well. Epoxy resin is not the same as polyester resin when it comes to curing. It is treated with a curing material called "hardener" rather than a catalyst. Epoxies are thermoset polymers that are made by mixing two or more industrial chemical components together in a process. Epoxy resins are used in a wide range of consumer and industrial applications due to their toughness, strong adhesion, chemical resistance, and other specialised properties. Epoxy resin is mostly used in construction. • Metal coatings • Electronic and electrical components • Fibre-reinforced plastic materials • Structural adhesives • Paints • Sealants • Casting In 2019, the global Epoxy Resin market was worth USD 7,592.35 million, with a CAGR of 5.85 percent predicted over the next five years. Epoxy resins are thermosetting resins with adequate cross-linking agents for improved reactivity and have more than one epoxy group per molecule. Epoxy resins are the most essential raw ingredient in a wide range of chemical formulations. Epoxy resins are the resin of choice for a range of end-user applications, including laminates and insulators, because to their favourable features, such as high thermal stability, mechanical strength, moisture resistance, adhesion, and heat resistance.
Plant capacity: Epoxy Resin (Liquid) 20,000 Kgs Per DayPlant & machinery: 689 Lakhs
Working capital: -T.C.I: Cost of Project: 1956 Lakhs
Return: 30.00%Break even: 80.00%
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Cenosphere Processing from Fly Ash

Kens (hollow) and Sphaira (sphaira) are two Greek words that make up the name Cenosphere (sphere). Cenospheres are inert hollow spheres filled with air or inert gas that are comprised mostly of silica and alumina. Cenospheres are a naturally occurring result of the combustion of pulverised coal in boilers. They're discovered floating on the surface of the fly ash lagoon. Cenosspheres are formed when coal combustion ash becomes molten. By flowing with the combustion gas stream, the temperature of the molten particles is rapidly quenched, causing them to 'freeze in' a spherical shape. Any gas bubbles formed within the molten particles are also contained within the spheres. These bubbles, which can develop in a variety of configurations within the 'frozen' particles or as solitary, concentric formations nearly as large as the diameter of the particles, constitute cenospheres. In fly ash made from Kentucky No. 9 coal, the proportion of particles with densities less than 2 gm/cm3 might be as high as 87 percent in San Miguel coal fly ash. These findings suggest that cenospheres with a density of less than 2 gm/cm3 can be extracted from ash in its dry form if selective extraction is done effectively. Cenospheres are one-of-a-kind free-flowing powders composed of hollow, hard-shelled spheres. Cenospheres come in a variety of colours, ranging from almost white to grey, and have a density of 0.4–0.8 g/cm3, giving them incredible buoyancy. Cenospheres are a multipurpose filler that can be used in a variety of commercial and industrial applications. Two examples are oil well cementing and PVC cushion vinyl flooring. Fillite, on the other hand, is used in each scenario due to its unique properties, which include strength, low density, and chemical resistance. The following are some of the most common applications for Fillite. Cenospheres are hollow, inert, light-weight spheres made mostly of alumina or silica that are filled with inert gases or air and are hollow, inert, and light-weight. They're a prevalent by-product of coal combustion in power plants. Few Indian Major Players 1. Ashtech (India) Pvt. Ltd. 2. Bharathi Rock Products (India) Pvt. Ltd. 3. Minerals & Minerals Ltd. 4. Unirama Industries Ltd. 5. Wolkem India Ltd.
Plant capacity: Cenosphere 8 MT per dayPlant & machinery: 60 Lakhs
Working capital: -T.C.I: Cost of Project: 437Lakhs
Return: 27.00%Break even: 46.00%
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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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