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Best Business Opportunities in Karnataka- Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Steel industry: Project Opportunities in Karnataka

 

PROFILE:

Steel Industry is a booming industry in the whole world. The increasing demand for it was mainly generated by the development projects that have been going on along the world, especially the infrastructural works and real estate projects that has been on the boom around the developing countries. 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. India occupies a central position on the global steel map, with the establishment of new state-of-the-art steel mills, acquisition of global scale capacities by players, continuous modernisation and up gradation of older plants, improving energy efficiency and backward integration into global raw material sources.

RESOURCES:

Karnataka is the 3rd largest producer of steel in India with a current production level of 10.70 Million Tons per annum. Both alloy and non-alloy steel are produced and the product range includes basic steels like pig iron and sponge iron, ingot, blooms, billets, slabs, finished products like long products CTD & TMT (bars & rods), wire rod, sections, bright bars, CR/HR coils. The export of steel from Karnataka is around 0.96 Million Tons.

It is one among 6 major steel producing states. Karnataka is the 2nd largest in the country in terms of iron ore reserves and largest exporter of iron ore in the country. Hence, it can share more than 40% of the steel demand in India which is estimated as 124 million tons by 2011-12 and 50% of the exports of finished steel products. Based on this estimate, Karnataka can host a manufacturing steel base for more than 100 million tons capacity per annum.

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. 

 

Food processing: Project Opportunities in Karnataka

 

PROFILE:

India is the world's second largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. The Indian food processing industry stands at $135 billion and is estimated to grow with a CAGR of 10 per cent to reach $200 billion by 2015. The food processing industry in India is witnessing rapid growth. In addition to the demand side, there are changes happening on the supply side with the growth in organised retail, increasing FDI in food processing and introduction of new products. India's food processing sector covers fruit and vegetables; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products, Soya-based products, mineral water, high protein foods etc.

 

RESOURCES:

Karnataka is poised to become the leading food processing hub in India. Clearly, the food processing industry is on the threshold of demand-led growth in the country and within the state of Karnataka. It says Karnataka boasts of specific supply strengths, giving the state a comparative advantage to become a leading food processing hub of the country. With 10 agro-climatic zones and land topography highly suitable for agriculture, Karnataka is one of the most agriculturally diverse states in India. It is estimated that about 83 per cent of the geographic area of the state is suitable for agriculture, of which 64.60 per cent is under agricultural cultivation. Consequently, Karnataka is the largest producer of ragi, sunflower, tomato, coffee and arecanut and the second largest producer of maize, safflower, grapes, pomegranate and onion. The state is also the largest producer of spices, aromatic and medicinal plants in the country. In addition, the state has a wealth of livestock and marine resources that augur well for processing of dairy, meat, fish and shrimp. Karnataka, the report points out, also takes pride in having a strong and expanding infrastructure base for setting up food processing facilities in the state.

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.

Textile: Project Opportunities in Karnataka

 

PROFILE:

The textile industry is primarily concerned with the production of yarn, and cloth and the subsequent design or manufacture of clothing and their distribution. The raw material may be natural or synthetic using products of the chemical industry. India Textile Industry is one of the leading textile industries in the world. Though was predominantly unorganized industry even a few years back, but the scenario started changing after the economic liberalization of Indian economy in 1991. The opening up of economy gave the much-needed thrust to the Indian textile industry, which has now successfully become one of the largest in the world

RESOURCES:

In Karnataka, the Textile Industry occupies a unique position in the economy of the state in terms of its contribution to industrial production, employment and exports. The textile sector contributes 0.50% of the GDP of the State. Karnataka under its Textile Policy of 2008-13 has planned to get investment worth Rs 9000 crore. Forty percent of such investments are planned to be directed towards the garment industry. The Karnataka government will establish fashion hubs and assist in market development and brand building. Specific incentives are also provided, like entry tax reimbursement, stamp duty reimbursement, up to 25% waiver on land acquisition charges, subsidy on power and capacity building support.

 

 

GOVERNMENT POLICIES:

The Ministry of Textiles in India has formulated numerous policies and schemes for the development of the textile industry in India. The government of India has been following a policy of promoting and encouraging the handloom sector through a number of programmes. Most of the schematic interventions of the government of India in the ninth and tenth plan period have been through the state agencies and co-operative societies in the handloom industries. Some of the major acts relating to textile industry include: Central Silk Board Act, 1948, The Textiles Committee Act, 1963, The Handlooms Act, 1985, Cotton Control Order, 1986, The Textile Undertakings Act, 1995Government of India is earnestly trying to provide all the relevant facilities for the textile industry to utilize its full potential and achieve the target. The textile industry is presently experiencing an average annual growth rate of 9-10% and is expected to grow at a rate of 16% in value, which will eventually reach the target of US $ 115 billion by 2012. The clothing and apparel sector are expected to grow at a rate of 21 %t in value terms.

 

Biotechnology: Project Opportunities in Karnataka

PROFILE:

The Biotechnology sector in India is one of the fastest growing sectors of the Indian Economy. As the sector is mainly based on knowledge, it is expected that it will play an important part in shaping the Indian Economy, which is developing at a rapid pace. The Indian Biotechnology sector holds immense potential in terms of research and development, skill and cost effectiveness.

RESOURCES:

Karnataka has successfully attracted the BioTech industry. Bengaluru, Karnataka is the capital for Biotech clusters in the country. Bangalore currently houses 92 of India's 180 biotech companies, with total actual investments of over Rs 1,000 crore, of which Rs 140 crore has been venture capital funding. The companies are encouraged to invest thanks to the presence of large R&D institutions like Indian Institute of Science and the National Centre for Biological Resources. However, it is sure to face a lot of competition from media savvy Hyderabad. Bangalore Helix is a biotech cluster being planned by the Karnataka government. Bangalore Helix would support biotech units with common infrastructure. It would comprise eight biotech incubators, covering a total area of 10,000 square feet. Excluding the cost of land (around Rs 60 crore) that has already been acquired, the cluster will involve an investment of Rs 100 crore. The infrastructure support would be comprehensive, right from advance computing facilities to treated water necessary for biotech infrastructure services.

GOVERNMENT POLICIES:

·         The Karnataka government has announced a biotech policy to promote this sector and is setting up an institute for bioinformatics in Banglore.

• In addition the state government is also creating a biotechnology fund that will have inflows from the biotech companies. This could be used for incubation of new projects and promotion of the sector in the state.

• Karnataka government is putting in Rs. 50 million and an equal amount is being brought by ICICI to develop the institute if bioinformatics in Banglore. Karnataka has planned to launch India's first state sponsored biotechnology venture capital fund to boost their initiatives.

·         Three 'biotech parks' are emerging in the state , namely 'university of Agricultural Sciences, Banglore; 'Institute of Agri-biotech in Dharwad ; and Institute of Biotechnology in Karwar.

 

 

 

Automobile: Project Opportunities in Karnataka

 

PROFILE:

The automotive industry in India is one of the largest in the world and one of the fastest growing globally. India's passenger car and commercial vehicle manufacturing industry is the seventh largest in the world, with an annual production of more than 3.7 million units in 2010. Automotive industry is the key driver of any growing economy. It plays a pivotal role in country's rapid economic and industrial development. It caters to the requirement of equipment for basic industries like steel, non-ferrous metals, fertilisers, refineries, petrochemicals, shipping, textiles, plastics, glass, rubber, capital equipments, logistics, paper, cement, sugar, etc. It facilitates the improvement in various infrastructure facilities like power, rail and road transport. Due to its deep forward and backward linkages with almost every segment of the economy, the industry has a strong and positive multiplier effect and thus propels progress of a nation. The automotive industry comprises of the automobile and the auto component sectors.

RESOURCES:

Auto industry is the second fastest growing sector in Karnataka, the automobile and auto component sector has maintained a 15 per cent growth in Karnataka. There is a huge potential of development in the sector of automobiles in Karnataka. The component industry caters to the OEMs (all kinds of automobiles like trucks, cars, SUVs, LCVs, buses, two-wheelers, tractors etc.,) and exports. Termed a priority sector, auto and auto parts hold the key to economic growth of the state.

GOVERNMENT POLICIES:

Government brought out a very innovative Policy "Ultra Mega Policy for Integrated Automobile Projects" that offers a very attractive package of support to automobile projects investing more than Rs.4000 Crores. As a result of this Policy, since May 2006, investments attracted by Tamil Nadu is automobiles & components manufacturing is Rs.21900 Crores, almost 5 times of the Investments attracted during previous 15 years (May 1991-April 2006). The total employment potential in these new projects is: 1.20 lakhs (direct + Indirect). Govt of India is currently implementing a project "National Automotive Testing R&D Infrastructure Project" (NATRIP) in Oragdam near Chennai at a project cost of about Rs.450 Crores. This project aims at facilitating introduction of world-class automotive safety, emission and performance standards in India as also ensure seamless integration of our automotive industry with the global industry.

 

 

Mineral: Project Opportunities in Karnataka

 

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.

 

RESOURCES:

Karnataka is rich in its mineral wealth which is distributed fairly evenly across the state. Karnataka's Geological Survey department started in 1880 is one of the oldest in the country. Rich deposits of asbestos, bauxite, chromite, dolomite, gold, iron ore, kaolin, limestone, magnesite, Manganese, ochre, quartz and silica sand are found in the state. Karnataka is also a major producer of felsite, moulding sand (63%) and fuchsite quartzite (57%) in the country.

Karnataka has two major centers of gold mining in the state at Kolar and Raichur. These mines produce about 3000 kg of gold per annum which accounts for almost 84% of the country's production. Karnataka has very rich deposits of high grade iron and manganese ores to the tune of 1,000 million tonnes. Most of the iron ores are concentrated around the Bellary-Hospet region. Karnataka with a granite rock spread of over 4200 km² is also famous for its Ornamental Granites with different hues.

 

GOVERNMENT POLICIES:

The  role to be played by the Central and State Governments in  regard  to  mineral  development has  been  extensively  dealt in  the  Mines  and Minerals (Development and Regulation)  Act, 1957  and Rules  made under the Act by  the  Central  Government and  the  State  Governments in their  respective  domains.   The provisions  of  the  Act  and the Rules  will  be  reviewed  and  harmonised  with  the basic features of the new  National Mineral  Policy.  In future the core functions of the State in mining will be facilitation and regulation of exploration and mining activities of investors and entrepreneurs, provision of infrastructure and tax collection.  In mining activities, there shall be arms length distance between State agencies (Public Sector Undertakings) that mine and those that regulate.  There shall be transparency and fair play in the reservation of ore bodies to State agencies on such areas where private players are not holding or have not applied for exploration or mining, unless security considerations or specific public interests are involved. Recently, the Union Government after reviewing the current mining sector, mineral development and keeping in view the availability of the valuable finite resource have announced the National Mineral Policy (NMP))- 2010. Research organisations, including the National Mineral Processing Laboratories of the Indian Bureau of Mines should be strengthened for development of processes for beneficiation and mineral and elemental analysis of ores and ore dressing products. There shall be co-operation between and co-ordination among all organisations in public and private sector engaged in this task.

 

Waste management: Project Opportunities in Karnataka

PROFILE:

Waste utilization, recycling and reuse plays a major role in limiting resource consumption and the environmental impact of waste. Recycling is an integral part of any waste management system as it represents a key utilization alternative to reuse and energy recovery (Waste-to-Energy). Which option is ultimately chosen depends on the quality, purity and the market situation. Hazardous waste management is a new concept for most of the Asian countries including India. The lack of technical and financial resources and the regulatory control for the management of hazardous wastes in the past had led to the unscientific disposal of hazardous wastes in India, which posed serious risks to human, animal and plant life.

 

RESOURCES:

As regards municipal waste on an average 40 to 50 % of the total municipal waste is generated in the sic municipal corporation of Karnataka & more than 70 % of municipal waste is generated by the residential & market areas. The domestic waste generated by households comprises mainly of organic, plastic & paper waste & small quantities of the waste. Plastic & glass are segregated at the household level or by rag pickers and sold. The remaining waste is disposed in community bins, discarded ointments and medicine. In addition about 1 to 2% of biomedical waste also gets mixed with municipal solid waste in the community bins.

GOVERNMENT POLICIES:

National policy on waste management is set out in the October 1998 policy statement on waste management - Changing our Ways. It outlines the Government's policy objectives in relation to waste management, and suggests some key issues and considerations that must be addressed to achieve these objectives. The policy is firmly grounded in an internationally recognised hierarchy of options, namely prevention, minimisation, reuse/recycling, and the environmentally sustainable disposal of waste which cannot be prevented or recovered.

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Absorbent Surgical Cotton (Cotton Rolls)

Surgical cotton is also known as absorbent cotton” or “cotton wool”. Surgical/ Absorbent cotton is cleared de-oiled and bleached cotton packed in different sizes. Since Surgical/Absorbent cotton is a material which comes in direct contact with the human body, its quality is very important and should satisfy the required pharmaceutical parameters. Either virgin cotton or waste cotton can be used as raw material. Comber waste cotton is desirable in case of waste cotton. Surgical/Absorbent cotton is widely used in hospitals, clinics, health centers and pharmacies for medical purposes. It is also used in beauty salons, business organizations and households for various purposes. Surgical/Absorbent cotton is mainly used for sanitary purposes and surgical operations as well as for ordinary daily use. It is also usually needed by women during their menstruation period that reoccurs at least once a month. The demand of Surgical Absorbent Cotton is directly related with the increase in population and expansion of public health services. The demand for Surgical Absorbent Cotton increases with the increase in population and number of hospitals, dispensaries, nursing homes, health care centers etc. The demand for absorbent cotton is directly related with the development and expansion of health facilities in the country. The Federal and Regional Governments have given high attention for expansion of health facilities to increase the coverage. Hence, considering the population growth and the high attention given by the Federal and Regional Governments, the demand for absorbent cotton is assumed to grow by 10%, annually. The demand for absorbent cotton in India is estimated to be about 2 million bales (of 170 kg each) per year. On the other hand, the small scale industries that manufacture absorbent cotton find it difficult to source short staple cotton. For example, the industries in Maharashtra and Madhya Pradesh are sourcing short staple cotton at high price from Rajasthan or the Northeastern part of India. So there is an imminent need to create an interface and a common platform between Indian cotton farmers as well as absorbent cotton industry. Thus, due to demand it is best to invest in this project.? Few Indian major players are as under: • Brisk Surgicals Cotton Ltd. • Jindal Medicot Ltd. • Lavino Kapur Cottons Pvt. Ltd. • Mohini Health & Hygiene Ltd. • Phoenix Surgicare Pvt. Ltd. • Precot Meridian Ltd. • Vandana Surgi Pharma Pvt. Ltd.
Plant capacity: 450,000 Kgs. per annumPlant & machinery: 399 Lakhs
Working capital: -T.C.I: Cost of Project:636 Lakhs
Return: 26.00%Break even: 48.00%
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Soda Ash (Light & Dense)

Sodium carbonate (Na2CO3) also known as washing soda or soda ash, is a sodium salt of carbonic acid. Most commonly occurs as a crystalline heptahydrate, which readily effloresces to form a white powder, the monohydrate. Sodium carbonate is domestically well known as a water softener. It can be extracted from the ashes of many plants. It is synthetically produced in large quantities from salt and limestone in a process known as the Solvay process. It is an essential raw material used in the manufacturing of glass, detergents chemicals and other industrial products. As such, soda ash is one of the most widely used and important commodities in the United States, contributing substantially to the gross domestic product. Soda ash is used to make the most common type of glass, soda-lime silica glass, generally used in the flat glass (automotive and construction), glass container (food and drink) and many other glass industries. It is also used in the production of sodium bicarbonate (baking soda), which is an essential ingredient in the beverage, coatings, detergents, food, dialysis, and personal care markets. For many of applications, soda ash is interchangeable with caustic soda, while offering a cost advantage. The soda ash market is estimated to witness a CAGR of 6.1% between 2014 and 2019 in terms of value, and is anticipated to generate a global market value of $22,090 million by 2019. A key factor driving the growth of the market is the growing applications of glass market. One of the major drivers for the growth of the soda ash market in the growing use of glass in various industries. Glass is extensively used in industries such as construction, automobile, and consumer product packaging. In 2017, the glass industry is the major end-user of the global soda ash market, which accounted for a share of 51.5%. The types of glass that use soda ash are flat glass container glass and others such as fiberglass, technical glass, and specialty glass. Entrepreneurs who invest in this project will be successful.
Plant capacity: Soda Ash Light:300,000 MT per annum Soda Ash Dense:300,000 MT per annumPlant & machinery: 12804 Lakhs
Working capital: -T.C.I: Cost of Project:25704 Lakhs
Return: 28.00%Break even: 57.00%
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Surgical and Examination Latex Rubber Gloves

Medical gloves are medical safety accessories that ensure sanitary hospital conditions by limiting patients' exposure to infectious matter. They also serve to protect health professionals from disease through contact with bodily fluids. Medical gloves are disposable gloves used during medical examinations and procedures to help prevent cross-contamination between caregivers and patients. Medical gloves are made of different polymers including latex, nitrile rubber, polyvinyl chloride and neoprene; they come unpowdered, or powdered with cornstarch to lubricate the gloves, making them easier to put on the hands. An Examination gloves (patient examination) glove is a disposable device intended for medical purposes that is worn on the examiner’s hand or finger to prevent contamination between patient and examiner. They are ambidextrous Examination grade gloves, also sometimes referred to as medical gloves, were originally designed for non-surgical medical procedures, but are also used in a variety of other applications where users seek added peace of mind regarding the glove quality. Latex gloves are being used in medical industry, automobile industry and manufacturing industry including food processing. The major purpose of using these rubber gloves are to protect the hand and fingers from heat, abrasion, electric shocks, chemical attack, contamination through direct contact as in the case of medical examination gloves etc. Rubber gloves manufacturing process is not complex and the main raw material is rubber latex. Indian surgical glove market is growing at 15% while the demand for examination gloves has been rising by 20%per annum. The Global Rubber Gloves market is expected to grow at a CAGR of 8.5% between 2014 and 2022. The factors such as rising healthcare expenditure, increasing health threats and increasing hygiene awareness and healthcare regulations are driving the market growth. Foreign exchange risks, rising raw material costs and pricing competition are hampering the market growth. Demand for disposable gloves in healthcare applications in Spain is estimated to grow at a significant rate over the forecast period. The country has a comprehensive public health system that accounts for approximately 75-80% of the sector’s activity. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under: • Accent Industries Ltd. • Acknit Industries Ltd. • Asian Latex Ltd. • Casil Health Products Ltd. • Casil Health Products Ltd. • J K Ansell Pvt. Ltd. • London Rubber India Ltd. • Mega Meditex Ltd. • Sri Kannapiran Mills Ltd. • T T K Biomed Ltd.
Plant capacity: Surgical Latex Rubber Gloves (Wt. 16 gms each): 18,000,000 Pairs per annum Examination Latex Rubber Gloves (Wt. 4 gms each): 18,000,000 Pairs per annumPlant & machinery: 407 Lakhs
Working capital: -T.C.I: Cost of Project:1116 Lakhs
Return: 35.00%Break even: 40.00%
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Biodegradable Disposable Plastic Cutlery

Biodegradable Disposable Plastic Cutlery. (Eco Friendly Compostable Spoons Cutlery) India is slowly becoming a country where people are turning health conscious. Thankfully, biodegradable cutlery has emerged as a better alternative to plastics across the globe and Indians have been early adopters of biodegradable products. These Cutlery is fully compostable and biodegradable in approximately 100 days in properly maintained compost facilities. These eco-friendly products are perfect for restaurants, cafeterias, business functions, trade shows, festivals and fairs, catering. Compostable or biodegradable bio-plastics, most commonly used for utensils, are marketed as a sustainable alternative to single-use plastic. More and more people are becoming environmentally conscious every day and are taking the necessary steps to protect the environment. Businesses that embrace the concept of being eco-friendly can realize a wide range of benefits from doing so. One of the business industries in which compostable products can be used the most is in the food industry. Both dine-in and takeout restaurants have the opportunity to incorporate eco-friendly products into their operations in the form of plates and cutlery. The Global Biodegradable Cutlery Market sales were 845 million pieces in 2016, and it will be 1274 million pieces in 2023; while the revenue of Biodegradable Cutlery Market was 30.5 million USD in 2016 and forecast to accomplish 38.9 million USD in 2023, with a CAGR of 5.5% by 2023. Increasing awareness regarding harmful effects associated with non-biodegradable plastic wastes is a key factor likely to drive the market in the forecast period. Disposable cutlery, unlike the traditional disposable cutlery made from steel, is single-use cutlery. It is also comparatively cheaper than steel cutlery. Additionally, due to its lightweight it can be carried easily and is most favourable for on-the-go food. The increasing use of plastic in our day-to-day life is creating a lot of plastic waste and regulatory authorities in various parts of the world are posing bans on the use of plastic. To overcome this challenge, foodservice packaging manufacturers use plant-based raw materials for manufacturing single-use packaging like disposable cutlery, plates, bowls, and trays. Expansion in bio-based foodservice manufacturing capabilities may benefit disposable cutlery manufacturers during the forecast period. Furthermore, in recent years several manufacturers are looking for positive opportunities in edible disposable cutlery made of wheat bran, rice, corn, and sorghum. Additionally, edible disposable cutlery reduces CO2 emissions by tons. As per product type, the global disposable cutlery market is segmented into fork, spoon, and knife. Rising demand for eco-friendly, safe, and sustainable cutlery owing to increasing number of restaurants, fast food joints, and cafeterias is fueling the demand for biodegradable plates and cups. Environment friendly cutleries are a feasible alternative that offers the convenience of disposable plates, cups, and spoon in picnics, parties, and other occasions. Moreover, they do not have any negative impact on the environment. The Biodegradable Cutlery Market is segmented based on raw materials, products, composition and end user. The biodegradable cutlery is mainly made from PLA resin, CPLA (modified PLA), and Starch Blends. In general, the plant starch biodegradable cutlery is made from 70% renewable resources and 30% fillers like polypropylene and talc. PLA is a bio-based plastic derived from renewable resources such as maize starch, tapioca roots, or sugar cane. 100% cutlery is made from recode bio-plastic, produced from a rapidly renewable starch sourced from non-GMO crops. Growth will be driven by the increased options and convenience of meals prepared or consumed away from home. Demand will also be supported by a shift toward the use of higher value products featuring durable plastic or compostable materials. The Biodegradable Cutlery Market is dominated by the key players like Biopak, Eco-Products, Inc, Trellis Earth, BioMass Packaging, World Centric, Bionatic GmbH, GreenGood, Better Earth, Nature House Green, BioGreenChoice, Green Home, Vegware, Biodegradable Food Service, Biogreenchoice, Green good, World Centric, Karat and Green Home. 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Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Truck Body Building

A truck or lorry is a motor vehicle designed to transport cargo. Trucks vary greatly in size, power, and configuration; smaller varieties may be mechanically similar to some automobiles. Commercial trucks can be very large and powerful, and may be configured to mount specialized equipment, such as in the case of fire trucks and concrete mixers and suction excavators. Already at 1.31 billion, by 2027 India’s population will be the largest in the world, at over 1.4 billion. Growth means urbanisation, and urbanisation requires ‘stuff’. As small villages develop into large, and as people move from rural to urban locations, so demand for ‘stuff’ will increase. Great news for truck fleets, and the OEMs who supply those stuff-hauling fleets; but the changes to trucking in India over the next decade will be seismic in proportion. Just about the only certainty is that ‘Trucking India’ in 2027 will look very different from its 2017 ancestor. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Automobile Corpn. Of Goa Ltd. • Commercial Engineers & Body Builders Co. Ltd. • H M M Infra Ltd. • J C B L Ltd. • Tata Marcopolo Motors Ltd.
Plant capacity: Truck Body Building : 20 Nos./dayPlant & machinery: Rs 362 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1709 lakhs
Return: 31.00%Break even: 56.00%
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Recovery of Fe2O3 & TiO2 from Bauxite Processing Waste

Bauxite waste (Red Mud) of Indian origin contains around 55% plus of Fe2O3 and is considered as a hazardous waste material for the alumina industry which is generated in the order of two tons of Red Mud per one tone of alumina produced from bauxite. The worldwide alumina production is around 58 million tonnes in which India counts for 2.7 million tonnes. India produces around 5.4 million tonnes of Red Mud per annum from its various alumina refineries. Titanium is a precious, light, corrosion resistant, bio-inert and strong element. Moreover, titanium dioxide is widely used in materials in our day-to-day life and its applications are quite vast, including in paints, catalysts, pigments and sunscreen. Despite the fact that the processing of titanium is quite expensive, it is more bene?cial to recover titanium compared with its high processing cost. One of the main focuses of the research community has been on extracting titanium from red mud. The global Ferric Oxide market is likely to touch valuation of US$1,951.8 mn by the 2025 end. The marketplace is likely to register significant growth owing to booming construction industry likely to boost demand for the ferric oxide market in the coming years. The demand for titanium dioxide in India stood at 57 KTPA in 2018 and is projected to grow at a CAGR of 9.19% during 2019-2030 to reach 165 KTPA by 2030. Increasing use of titanium dioxide in various end-use industries such as paints, pigments and textiles as dispersing agent, flocculent, and whitening agent is the key factor spurring the demand for titanium dioxide across the country. Few Indian major players are as under: • Bengal Chemicals & Pharmaceuticals Ltd. • Bharat Chemicals & Fertilizers Ltd. • Kerala Minerals & Metals Ltd. • Kolmak Chemicals Ltd. • Tata Pigments Ltd. • Travancore Titanium Products Ltd. • V V Titanium Pigments Pvt. Ltd.
Plant capacity: Ferric Oxide (Fe2O3): 27,000 MT per Annum Titanium Dioxide (TiO2): 9,000 MT per Annum Remains Materials: 200,000 MT per AnnumPlant & machinery: 408 Lakhs
Working capital: -T.C.I: Cost of Project: 1741 Lakhs
Return: 29.00%Break even: 62.00%
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Recovery of Fe2O3 & TiO2 from Bauxite Processing Waste

Ferric oxide (Fe? O?) is an inorganic compound also known as hematite. Ferric oxide is used in the iron industry in the manufacturing of alloys and steel. The Food and Drug Administration (FDA) has approved ferric oxide pigment for use in cosmetics. Moreover, ferric oxide granules are used in the form of filtration media for removing phosphates in saltwater aquariums. FOR Fe2O3 • In iron industries for producing steel and alloys • Ferric oxide powder, also called jeweler’s rouge, is used for polishing lenses and metallic jewelry • Its granular form is used as a filtration media for pulling out phosphates in saltwater aquariums • As FDA-approved Pigment Brown 6 and Pigment Red 101, for use in cosmetics. • In biomedical applications, because its nanoparticles are non-toxic and biocompatible Recovery of Fe2O3 Fe2O3 is another material in red mud that has attracted a number of researchers. Until now, there are three means to recover iron from red mud: smelting, solid-state reduction and magnetic separation. In smelting process, red mud is charged into blast furnace or rotary furnace with a reducing agent. Then, iron oxide in red mud is reduced to generate pig iron that can be used in steel production. However, smelting process has some demerits. High energy and capital costs are associated with blast furnace (BF) operation because scale of operation is high. Red mud must be mixed with some good-grade iron ore to maintain the minimum grade of the charge to BF. In addition, titanium reacts with other constituents of the slag to form multiple oxides that are difficult to leach. In the solid-state reduction process, the mud is mixed with a reducing agent or contacted with a reducing gas to produce metallic iron. The product can be an input either in a steel-making furnace or a conventional blast furnace. Compared to smelting process, solid-state reduction process consumes less energy. But, it also has some disadvantages. First, the metallic iron produced is quite difficult to separate from the rest of product. So, it is easily polluted by gangue materials. Second, the product is in a very fine form. The recovery rate of Fe2O3 was 45% (weight percent). Another means is to convert hematite or goethite in red mud to magnetite firstly, which is followed with magnetic separation. Obviously, this process is more complex than magnetic separation. Directly. But it also has some advantages. First, goethite is easier to separate magnetically and needs less energy to reduce compared to hematite. So, the extra cost of reducing hematite to magnetite can be compensated by the energy difference between reducing hematite and magnetite to metallic iron. Titanium Dioxide, also known as titanium (IV) oxide or titania, is a white crystalline powder, made up of ilmenite and rutile, which are used as the main raw materials. It is created using either the chloride process or sulfuric acid, referred to as the sulfate process. Titanium dioxide is extensively used as a white pigment in paints and coatings application. Also, it has a wide range of applications, ranging from paints and sunscreens to food coloring. FOR TiO2 Uses for white pigment Four million tons of pigmentary TiO2 are consumed annually. Apart from producing a white colour in liquids, paste or as coating on solids, TiO2 is also an effective opacifier, making substances more opaque. Here are some examples of the extensive range of applications: (1)Paints (2)Plastics (3) Papers (4) Inks (5) Medicines (5) Most toothpastes (6) Skimmed milk; adding TiO2 to skimmed milk makes it appear brighter, more opaque and more palatable Recovery of TiO2 Generally, there have been two main methods developed by which the titanium can be recovered from red mud: pyrometallurgical recovery and hydro-metallurgical recovery. The pyro- metallurgical method generally comprises the separation of pig iron. The red mud is calcined at a range of temperatures, from 800 to 1350°C, and is smelted through a reducing agent using an electric-furnace to obtain melted iron as well as slag that includes titanium dioxide, silica and alumina. The metallic iron is removed from the slag and the slag is digested to recover the titanium and aluminium from the solution. The pyro-metallurgical process is not an energy-friendly method and, hence, the hydrometallurgical technique usually attracts more attention from the research community. A number of the acids’ extractability have been analysed to recover titanium from red mud, such as dilute and concentrated H2SO4 and hydrochloric acid. The solvent extraction technique has been applied to extract titanium from red mud using HCl, which comprised di- and mono-. Red mud can also be considered a secondary source of the most important modification of titanium compound, titanium dioxide. Market Outlook The Global Ferric Oxide Market is expected to register a CAGR of 4.99% to reach a value of USD 2,414,382.9 Million by 2030. The growing construction industry output is expected to be one of the most significant drivers for the iron oxide market on a global scale. Iron oxide finds a profound rate of application in the construction industry such as in the colouring of various construction materials, including concrete blocks and bricks, ready-mixed concrete and roofing tiles. With the steady growth of the construction industry, stemming from increasing urban and civil infrastructure projects, the demand for iron oxides is expected to increase significantly. Additionally, the use of iron oxide for applications such as paints & coatings, plastics, ceramics and chemicals would necessitate its bulk consumption. The primary driver of the global ferric oxide market is its growing adoption in steel production. The increasing application of steel in the major end-use industries such as transportation, construction, energy, packaging, and consumer appliances is also a prime factor driving market growth. Steel finds application in the manufacturing of automobile structures, panels, doors, engine blocks, gears, suspension, wheels, fuel tanks, steering, and braking systems. The use of iron oxide pigments to impart colors to construction materials, paints, inks, plastics, papers, cosmetics, rubbers, concrete blocks, and tiles is another key driver of the market. The growing construction industry output is expected to be one of the most significant drivers for the iron oxide market on a global scale. The growing adoption of iron oxide nanoparticles in wastewater treatment is an excellent opportunity for the players in the market. With the steady growth of the construction industry, stemming from increasing urban and civil infrastructure projects, the demand for iron oxides is expected to increase significantly. Additionally, the use of iron oxide for applications such as paints & coatings, plastics, ceramics and chemicals would necessitate its bulk consumption. The ferric oxide market is witnessing consolidation, driven by the pursuit for sustainability among market participants, owing to the imposition of stringent regulations on the production of ferric oxide, which are increasing the overhead costs for ferric oxide manufacturers. This has prompted ferric oxide manufacturers to consolidate production and business operations through acquisition of external enterprises having a sufficient infrastructure and resources. Some of the major players operating in the Ferric Oxide market: • Cathay Industries • Huntsman • Lanxess • Bayferrox • Toda Kogyo • Quality Magnetite • Prochem • BariteWorld • Cathay Industries • Nano-Oxides • Pirox Titanium Dioxide The global titanium dioxide market size was valued at USD 15.76 billion in 2018 and is expected to witness a CAGR of 8.7% from 2019 to 2025. Thus, rising number of residential and non-residential construction projects is augmenting the demand for paints & coatings, thereby boosting overall market growth. In addition, high demand for anti-corrosive architectural coatings in the pigments has increased the demand for titanium dioxide. The rising use of titanium dioxide in ceramic industry is one of the key factors expected to trigger the market growth in the forthcoming years. It is used as popular ingredient in different products including paint, plastic, paper, pharmaceuticals, and other items. It also provides variegation and crystallization to the color and texture of ceramic glazes. It further prevents pollutants including nitrogen oxide, sulfur oxide, carbon monoxide from affecting ceramic products. The tightening of regulations globally over vehicular emissions and fuel efficiency concerns have compelled manufacturers to take measures in making vehicles lightweight. High availability of substitutes the rising prices of TiO2 and its negative effects on human are pushing end-user industries to use substitute products. This will hinder the growth of the titanium dioxide market during the forecast period. Titanium dioxide particles have wide application scope due to their high stability, photocatalytic properties, and anti-corrosive nature and are manufactured from anatase. They are used in consumer products, such as sunscreens, and as components for articulating implants for the hip and knee. In the near future, its usage in plastics is set to rise at a breakneck pace thereby providing a major fillip to the global titanium dioxide market. Titanium dioxide find application in bettering numerous characteristics of plastics such as color, opacity, and strength. And with the ever-surging demand for plastic on account of the burgeoning world trade, the global titanium dioxide market growth it expected to remain supported. Top Key Players of Titanium Dioxide (TiO2) Market: • KRONOS Worldwide Inc. • Lomon Billions • The Chemours Company • Tronox Holdings plc • Venator Materials PLC. Tags #Recovery_of_Fe2O3_from_Bauxite_Processing, #Iron_Oxide_Recovery, #Recovery_of_Ferric_Oxide, #Recovery_of_Ferric_oxide_from_Bauxite_Processing_Waste, Ferric Oxide, Manufacturing Applications for Iron (III) Oxide, Manufacture of ferric oxide, Production of Iron (II) Oxide (Fe2O3), Process for the Manufacture of Iron Oxide, Process for Producing Iron Oxide, Iron Oxide Formula, Ferric Oxide Production, How to Make Iron Oxide, Preparation of iron oxide, Titanium Dioxide (TiO2) Production and Manufacturing, #Titanium_Dioxide, Manufacture of Titanium Dioxide, #Titanium_Dioxide_(TiO2) Production, Manufacturing Process of Titanium Dioxide, Titanium Dioxide Properties, Titanium Dioxide Uses, Titanium Dioxide Process Flow Diagram, Titanium Dioxide Manufacture, How to Make Titanium Dioxide, Manufacturing Process of Titanium Dioxide, Production of Titanium Dioxide, Titanium Dioxide Production, #Recovery_of_Titanium_Dioxide, Process for Recovery of Titanium Dioxide, Recovering Titanium Dioxide (Tio2), Recovery of Titanium Dioxide from Bauxite Processing Waste, #Project_Report_on_Recovery_of_Ferric_oxide_from_Bauxite_Processing_Waste, Detailed Project Report on Recovery of Ferric oxide from Bauxite Processing Waste, Project Report on Recovery of Titanium Dioxide, Pre-Investment Feasibility Study on Recovery of Ferric oxide from Bauxite Processing Waste, Techno-Economic feasibility study on Recovery of Titanium Dioxide, #Feasibility_report_on_Recovery_of_Ferric_oxide_from_Bauxite_Processing_Waste, #Free_Project_Profile_on_Recovery_of_Ferric_oxide_from_Bauxite_Processing_Waste, Project profile on Recovery of Ferric oxide from Bauxite Processing Waste, Download free project profile on Recovery of Titanium Dioxide
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Herbal Extracts (Brahmi Extract, Ashwagandha Extract, Dry Ginger Root Powdered Extract)

Herbal extracts are substances which are obtained by crushing, distilling, comminuting, and juicing various herbs. The processes are designed to maximum the potency of a particular herb. Herbal extract is referred to the crude mixtures extracted from various parts of plants, which have diverse applications in various industries. The extraction of herbal compounds is generally carried out using ethanol or water. Herbal extracts have been identified to be highly consumed in the form of dietary supplements. Other major application sectors of herbal extracts include food, beverages, pharmaceutical, cosmetic & personal care, and others. Brahmi Extract Brahmi known as Bacopa Monnieri is an herb basically used in the Ayurveda treatment for Asthma and Epilepsy. Apart from the treatment of these diseases, Brahmi is also widely accepted to have magical curing power for many other diseases. It is considered to be an excellent brain tonic, improving cognitive functions including enhancing memory power and learning ability. Bacopa Monniera Herb & Extract is a classic brain and nervine tonic included in the "Brahmi" category of herbs, which are those that benefit both the mind and spirit and improve the intellect and consciousness. Bacopa Monniera assists in heightening mental acuity and supports the physiological processes involved in relaxation. Ashwagandha Extract Ashwagandha or Withania Somnifera is a widely used herb in Ayurvedic medicines. The berries, leaves and root of this short herb have versatile medicinal values. The extract, light in color and neutral in taste is derived from select, handpicked roots. According to Ayurveda, Ashwagandha is excellent for vitality as well as rejuvenation and is a general health booster. The purification of Ashwangandha roots and the extraction processes are carried out under expert supervision using traditional methods laid down in ancient Ayurveda texts. Ginger Root Powdered Extract Ginger or Zingiber Officinal is one of world’s best known spices, used throughout history for its all-round health benefits. The dried ginger extract contains mono- and sesquiterpenes. Ginger is one the most well-researched herbs in the world. An ingredient of the traditional Indian and Chinese pharmacopoeia, Ginger and powdered Ginger monographs have been approved for inclusion in the National Formulary by the US pharmacopoeia. German and European monographs on ginger are also available. The global herbal extracts market is predicted to exhibit a 7.52% CAGR from 2018 to 2023. Rise of health consciousness among the youth and other demographics are likely to spur market demand over the forecast period. High demand for functional foods and beverages which contain the required ingredients for preventing chronic diseases. Awareness of the health benefits of herbal extracts can positively impact market growth. Furthermore, demand for skin care products with the inclusion of natural ingredients can create growth opportunities for the herbal extracts market. Global herbal extracts market has been growing at a continuous pace because of its various health benefits and increasing awareness about side effects from using chemical based products. Even at the times of recession the demand of herbal products is not much affected as people desire to maintain their health when the treatments are costlier. The extraction process requires obtaining active ingredients, using cost effective and appropriate solvents to increase the yield and its quality. There are various extraction processes each varying in cost efficiency, limitations and time consumption. India herbal extracts market has recorded phenomenal growth over the years with rising awareness among the people about the health benefits of consuming herbal products. The use of herbal extracts in the pharmaceutical and nutraceutical industry in India and abroad contributed a dominant share of ~% in the overall sales of the players operating in the space during FY’2017. The growing demand of ayurveda medicines due to limited or no side effects has boosted the use of herbal extracts by the players operating in pharmaceutical industry in India. Dietary supplements which are used to provide health benefits also involve a major component of herbal extract to be consumed by the people. Indian consumers are more inclined towards natural and herbal cosmetic products, especially those used for hair and skin care. The rising demand for natural cosmetics has resulted in augmented use of herbal extracts in preparing beauty products. The market has majorly been driven by the exports of high quality herbal extracts which are demanded by the US, Canada, Ukraine, South Korea, Czech Republic, Israel, France, Taiwan, Nepal, and other nations. The inclination of foreign customers towards Indian products due to health benefits of various herbs has led to a boost in the revenues of the market.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Ceramic Transfers (For Printing on Ceramics) Rubber Stamping, Stencilling, Screen Printing, Offset Printing and Paper Transfers

Transfer printing, method of decorating pottery by using an inked, engraved copperplate to make a print on paper that, while still wet, is pressed against a glazed pottery surface, leaving behind an impression, or transfer, of the engraving. Sometimes these monochrome transfer prints were subsequently filled in with colour by hand. Rubber stamping, also called stamping, is a craft in which some type of ink made of dye or pigment is applied to an image or pattern that has been carved, molded, laser engraved or vulcanized, onto a sheet of rubber. The rubber is often mounted onto a more stable object such as a wood, brick or an acrylic block. Increasingly the vulcanized rubber image with an adhesive foam backing is attached to a cling vinyl sheet which allows it to be used with an acrylic handle for support. These cling rubber stamps can be stored in a smaller amount of space and typically cost less than the wood mounted versions. They can also be positioned with a greater amount of accuracy due to the stamper's ability to see through the handle being used. Temporary stamps with simple designs can be carved from a potato. The ink-coated rubber stamp is pressed onto any type of medium such that the colored image is transferred to the medium. The medium is generally some type of fabric or paper. Other media used are wood, metal, glass, plastic, and rock. High-volume batik uses liquid wax instead of ink on a metal stamp. Stenciling, in the visual arts, a technique for reproducing designs by passing ink or paint over holes cut in cardboard or metal onto the surface to be decorated. Stencilling produces an image or pattern by applying pigment to a surface over an intermediate object with designed gaps in it which create the pattern or image by only allowing the pigment to reach some parts of the surface. The stencil is both the resulting image or pattern and the intermediate object; the context in which stencil is used makes clear which meaning is intended. In practice, the (object) stencil is usually a thin sheet of material, such as paper, plastic, wood or metal, with letters or a design cut from it, used to produce the letters or design on an underlying surface by applying pigment through the cut-out holes in the material. Screen printing also uses a stencil process, as does mimeography. The masters from which mimeographed pages are printed are often called "stencils". Stencils can be made with one or many colour layers using different techniques, with most stencils designed to be applied as solid colours. Screen printing, also known as serigraphy, is a method of creating an image on paper, fabric or some other object by pressing ink through a screen with areas blocked off by a stencil. The technique is used both for making fine art prints and for commercial applications, such as printing a company's logo on coffee mugs or t-shirts. Offset printing, also called offset lithography, or litho-offset, in commercial printing, widely used printing technique in which the inked image on a printing plate is printed on a rubber cylinder and then transferred (i.e., offset) to paper or other material. The rubber cylinder gives great flexibility, permitting printing on wood, cloth, metal, leather, and rough paper. In offset printing the matter to be printed is neither raised above the surface of the printing plate (as in letterpress) nor sunk below it (as in intaglio, or gravure, printing). Instead, it is flush with the surface of the plate; thus offset is classified as a planographic method of printing. Transfer paper is a thin piece of paper coated with wax and pigment. Often, an ink-jet or other printer is used to print the image on the transfer paper. A heat press can transfer the image onto clothing, canvas, or other surface. Transfer paper is used in creating iron-ons.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Recycling of Polythene and Other Plastic Products

Polythene is a type of plastic made into thin sheets or bags and used especially to keep food fresh or to keep things dry. Polyethylene or polythene (abbreviated PE) is the most common plastic. The annual global production is around 80 million tonnes. Its primary use is in packaging (plastic bags, plastic films, geo membranes, containers including bottles, etc.). Plastic recycling is the process of recovering scrap or waste plastic and reprocessing the material into useful products. Global Plastic Recycling Market is projected to cross USD 50.0 Billion by 2023, growing at a CAGR of over 5.0% during the forecast period. Rising awareness about the pollution caused by plastics and the energy saving benefits in the manufacturing of recycled plastics over virgin plastics are the major growth drivers of the global market for plastic recycling. In terms of type, the plastic recycling market is categorized into Polyethylene Terephthalate (PET), Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS) and others. Plastic recycling market is prognosticated to scale new heights in the upcoming years owing to the rising cost of production as a result of increasing petroleum price. The growth trajectory of the market is likely to be dictated by government regulations favoring the recycling of plastic waste. In addition, the need for a standard recycling technology for plastic in order to manage waste efficiently is also anticipated to catalyze the expansion of the market over the next couple of years. However, a lack of awareness about recycling still prevails in the market which is forecasted to check the proliferation of the plastic recycling market over the assessment period. Based on application, the market has been expanded into packaging, construction, automotive, textile, consumer goods, and industrial. Of these, the segment of packaging is expected to serve the most demand for recycled plastic owing to the thriving expansion of the packaging industry and the several mandates compelling the industry to adopt more environment-friendly processes and ways to cut-down on its carbon footprint. The construction segment is also increasingly becoming a notable consumer of recycled plastic and is likely to account for a notable share in the overall market by the end of the report’s forecast period.
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Return: 1.00%Break even: N/A
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