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

Minerals: Project Opportunities in Kerala

PROFILE:

India has a large no. Of economically useful minerals and they constitute on quarter of the worlds known mineral resources. India is endowed with significant mineral    resources. India produces 89 minerals out of    which 4 are fuel minerals, 11 metallic, 52 non-metallic and 22 minor minerals. 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:

Kerala is also a rich repository of several minerals and fine grained soil. Sillimanite, Ilmenite, Monazite abounds in this state. Fire clay, Silica, Ball clay and China clay, granite and graphite also occurs in large quantities in different parts of Kerala, paving the path for a flourishing industry. The mineral resources of a state are its greatest asset. The minerals not only earn the state revenue and foreign currency by export to other states and other countries respectively, they also form the raw material for the industries based on them. Kerala is a mineral rich state. The soil is loaded with a variety of inorganic minerals like Kaolin, Bauxite, Monozite, Zircon, Quartz and Silimanite. The golden sands of Quilon beach are rich in the heavier variety minerals such as Monozite, Ilmenite, Rutile, Zircon and Silimanite.

GOVERNMENT POLICIES:

·         As far as mineral sand is concerned, the Government will stick to the policy declared in the industrial policy 2007 that the mining and extraction will be permitted only through State/Central Public Sector Undertakings (PSU’s).

·         While granting mining leases value addition will be insisted by promoting processing units and mineral based industries in the State. 

·         Entrepreneurs promoting development of human resources and employment guarantee programme will be given priority.

·         Mining leases will be granted to those applicants who have long term programme concept and provide more employment opportunities.  For e.g., minerals like iron ore. Priority will be given to those who install processing / beneficiation unit

·         Adjoining minor mineral leases of smaller areas granted under KMMC Rules, 1967 will be amalgamated into a single lease. Non working quarries/mines will be identified and effort will be made to ensure the mining leases are not kept idle. 

·         Productivity of mines will be insisted while leasing the mine and reviewed periodically.

 

Agriculture: Project Opportunities in Kerala

 

PROFILE:

India has an agriculture-based economy. 43% of India’s territory remains employed in agricultural activities. Globalization and agriculture in India are both intricately connected to each other as agriculture in India prevails over all other sectors because it plays a pivotal role in the socio-cultural life of its people. At present, in terms of agricultural production, the country holds the second position all over the world. In 2007, agriculture and other associated industries such as lumbering and forestry represented around 16.6% of the Gross Domestic Product of the country. In addition, the sector recruited about 52% of the entire manpower. India is among the world’s leading producers of paddy rice, wheat, buffalo milk, cow milk and sugar cane. It is either the world leader or the second largest producer in eight out of its top ten products.

RESOURCES:

A unique feature of the State is the predominance of cash crops. About 50 per cent of the population depends on agriculture. Kerala is a major producer of coconut, rubber, pepper, cardamom, ginger, banana, cocoa, cashew, aracanut, coffee and tea. Spices like nutmeg, cinnamon, cloves, etc. are also cultivated. Rice and Tapioca are the important food crops. On a national scale, 92 % of the rubber, 70 % of coconut, 60 % of tapioca and almost 100 % of lemon grass oil is produced from the State. Kerala’s agriculture has the distinction of having the highest gross income per net cropped area. For instance, coconut occupies 41 per cent of net cropped area and provides livelihood to over 3.5 million families. While, the four plantation crops of rubber, coffee, tea and cardamom accounts for 29 per cent of the net cropped area in the State and 42 per cent of the area in the country.

GOVERNMENT POLICIES:

Indian agriculture policy is aimed essentially at improving food self sufficiency and alleviating hunger through food distribution. Aside from investing in agricultural infrastructure, the government supports agriculture through measures including minimum support prices (MSP) for the major agricultural crops, farm input subsidies and preferential credit schemes. In India, agricultural trade policy is a part of a larger food and agriculture policy regime that seeks to maintain food self-sufficiency while providing income support to the agricultural sector and poor consumers. The salient features of the new agricultural policy are:

·         Over 4 per cent annual growth rate aimed over next two decades.

·         Greater private sector participation through contract farming.

·         Price protection for farmers.

·         National agricultural insurance scheme to be launched.

·         Dismantling of restrictions on movement of agricultural commodities throughout the country.

·         Rational utilisation of country's water resources for optimum use of irrigation potential.

·         High priority to development of animal husbandry, poultry, dairy and aquaculture.

·         Capital inflow and assured markets for crop production.

·         Exemption from payment of capital gains tax on compulsory acquisition of agricultural land.

·         Minimise fluctuations in commodity prices.

·         Continuous monitoring of international prices.

·         Plant varieties to be protected through a legislation.

·         Adequate and timely supply of quality inputs to farmers.

·         High priority to rural electrification.

·         Setting up of agro-processing units and creation of off-farm employment in rural

 

 

 

 

 

Biotechnology: Project Opportunities in Kerala

 

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. The importance of Biotechnology for India is manifold. In addition to generating trained manpower and a knowledge base, India is proving to be an ideal setting for manufacturing activities and high-level biotechnology research programmes. It can bring revolutionary changes in people's lives and provide the path way to the unexplored secrets of nature.

 

RESOURCES:

Kerala’s rich bio-diversity and the availability of skilled labour make it one of the most prospective locations for Biotechnology. Its advantages include being one of the most health conscious states with high literacy, and a rich exposure to traditional medicines and healing. Additionally, the presence of established research institutions like Rajiv Gandhi Institute for Biotechnology, Indian Institute for Spices Research, Kerala Agricultural University, etc ensures adequately trained human resources required in Biotechnology. Since the Biotech industry in India is still in a nascent stage, especially in Kerala, an appropriate support and guidance from the state government would be essential to encourage entrepreneurship and industrial growth in this segment.

GOVERNMENT POLICIES:

Government of Kerala announced its Biotechnology Policy in 2003. To achieve the vision in Biotechnology, to ensure hazzle-free implementation and to provide sustained leadership and resources, two major initiatives, Kerala Biotechnology Board and Kerala Biotechnology Commission were made in 2003. The BT policy for Kerala is designed to catalyze the development and application of BT, taking advantage of the State’s resources and emphasizing its specific needs while meeting global requirements. The policy is aimed to ensure the rapid exploitation of pipeline technologies and opportunities available in the State to products and processes and to promote the sustained build-up of an elite knowledge cadre and knowledge base through the strengthening and creation of educational and R&D institutions, establishing infrastructure and putting in place administrative, regulatory, legal and financial framework conducive for investment and growth of BT enterprises, for the economic development and human welfare.

 

Rubber Industry: Project Opportunities in Kerala

 

PROFILE:

The world production of rubber was considered to be very unstable during the last few years. Comparatively, India's production of rubber is consistent at the rate of 6% per annum. The Rubber industry in India has been growing in strength and importance. This is the result of India's burgeoning role in the global economy. India is the world's largest producers and third largest consumer of natural rubber. Moreover, India is also one of the fastest growing economies globally. These factors along with high growth of automobile production and the presence of large and medium industries has led to the growth of rubber industry in India.

RESOURCES:

Kerala contributes 90% of India’s total production of natural rubber. Also, Kerala and Tamil Nadu together occupy 86% of the growing area of natural rubber. The rubber industry occupies about 3.84 lakh hectares and boasts of a turnover of 3.70 lakh tonnes that amounts to about ninety percent of the country’s total rubber production. The Kerala State Cooperative Rubber Marketing Federation Ltd., popularly known as RubberMark was incorporated in 1971, as an apex institution of the primary Rubber Marketing Cooperatives in Kerala, INDIA. Most of the rubber production is consumed by the tyre industry which is almost 52% of the total production of India. Among the states, Kerala is the leading consumer of rubber, followed by Punjab and Maharashtra.

 

GOVERNMENT POLICIES:

·         No state involvement in price control

·         Rubber prices respond to global prices

·         Government’s contribution in rubber research and development

·         Duties and levies contributing for financing of replanting and welfare of smallholders

·         Currency issues

·         Government involvement in labour supply

·         Environmental regulations

 

 

 

Tourism: Project Opportunities in Kerala

 

PROFILE:

Tourism has become an important industry in many countries of the world, both in the east and the west. Various initiatives are being taken by the Government and other organizationsto promote tourism here.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.

 

RESOURCES:

Kerala is a state on the tropical Malabar Coast of southwestern India. Nicknamed as one of the "10 paradises of the world" by National Geographic, Kerala is famous especially for its eco-tourism initiatives. Its unique culture and traditions, coupled with its varied demography, has made it one of the most popular tourist destinations in India. Beaches, warm weather, back waters, hill stations, waterfalls, wild life, Ayurveda, year–round festivals and diverse flora and fauna make Kerala a unique destination for tourists. Kerala offers a host of exciting holiday options. The factors stimulating a flourishing tourism sector include scenic splendour, moderate climate, clean environment, friendly and peace loving people with high tolerance for cultural diversity as well as the potential for creating unique tourism products. Some of the important places of tourist interest are:- Thiruvananthapuram; Kollam; Pathanamthitta; Alappuzha; Kottayam; Idukki; Ernakulam; Thrissur; Palakkad; Malappuram; Kozhikode; Wayanad; Kannur and Kasaragod. In kerala, Thenmala is the major project undertaken under eco- tourism. Thenmala Eco-Tourism project features a tourist facilitation centre, shop court garden, plazas, picnic area, natural trail, rock climbing, river crossing amphitheatre, restaurant, suspension bridge, lotus pond, musical dancing fountain, sculpture garden, deer rehabilitation centre, boating, battery powered vehicles, etc.

 

 

 

GOVERNMENT POLICIES:

Every Tourism Development Plan shall contain the following elements which are necessary for the integrated sustainable development of the area with major thrust on tourism development, namely:-

(i)           Policy in relation to the land use plan and allocation of land for tourism purposes;

(ii)          Policy in relation to the built up area, environment including architectural control and form;

(iii)        Strategies towards conserving and strengthening existing natural systems and enhancing the visual qualities of the region; and

(iv)         Regulations, if any, found necessary for the implementation of the Tourism Development Plan.

 

 

Bamboo: Project Opportunities in Kerala

PROFILE:

Bamboos are some of the quickest growing plants in the world,[2] as some species have been recorded as growing up to 100 cm (39 in) within a 24 hour period due to a unique rhizome-dependent system. Bamboos are of notable economic and cultural significance in South Asia, South East Asia and East Asia, being used for building materials, as a food source, and as a versatile raw product. Bamboo is used in Chinese medicine for treating infections and healing. It is a low-calorie source of potassium. It is known for its sweet taste and as a good source of nutrients and protein. Bamboo has been a primary raw material for manufacturing a variety of article. Primary coming under the cottage and small scale industry, bamboo work plays a vital role in the development of the state economy.

 

RESOURCES:

Twenty-two species of bamboo and two varieties belonging to six genera are recorded as native of Kerala. The majority of bamboos in Kerala are found at an elevation of 50-1500 m above sea level. The species belonging to the genera such as Ochlandra, Bambusa and Dendrocalamus are seen extensively growing in large forest areas as bamboo brakes and reed brakes. The species like Bambusa bambos and Dendrocalamus strictus are adapted to the dry plains and hilly tracts.  Their distribution is abundant in the most deciduous forests.  Bambusa bambos is generally found at an elevation between 50m – 1000 m and distributed throughout Kerala. Dendrocalamus strictus is distributed in the forests of Attappady, Nilambur, and Chinnar at an altitude of 150-750 m above sea level.

GOVERNMENT POLICIES:

Draft Kerala Bamboo Policy: This policy focuses on sustainable development of bamboo sector in Kerala with the active participation of stakeholders. The major pillars of this policy are sustainable management of existing bamboo resources in forest areas, plantations and in the homesteads, resource enhancement both in the forests and homesteads with the participation of stakeholders, better distribution of bamboo resources to the user groups and setting up bamboo-based industries. The policy suggests establishment of appropriate institutions, scientific management and marketing, linkage between production and utilization, industrial development, proper pricing, preferential treatment of bamboos in the forests and homesteads, formulation and implementation of grower friendly rules and regulations on growing, harvesting, transporting and marketing and appropriate publicity, research and extension.

 

Waste management: Project Opportunities in Kerala

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:

The Greater Kochi Area (GKA) ranks 24 (with CEPI score of 75.08) amongst the critically polluted areas (CPA) in the country. The State Pollution Control Board was instructed by the CPCB to evolve a time bound action plan for improving the environmental quality in the CPA. It was stated that external resource persons/institutions identified by CPCB/MoEF would be made available for this purpose. Such external guidance is still anticipitated. Meanwhile the Kerala Board, in consultation with the stakeholders in GKA, has chalked out an action plan for Greater Kochi Area. The main pollution sources of concern are industries, municipal solid waste, biomedical waste, E-waste and domestic waste.  The action plan hence includes mainly proposals for up gradation of existing pollution control facilities in the critically polluted area, common facilities such as CETPs, CTSDF, STPs, common biomedical waste management facility, municipal solid waste management, e-waste management and sewage management.

 

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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Manufacturing Business of Solar Panel (Polycrystalline and Monocrystalline) | Become a Renewable Energy Entrepreneur

Photovoltaic (PV) cells are used in solar panels to generate power. These cells generate direct current (DC), which is normally converted to alternating current by an inverter (AC). Solar panels (also called photovoltaic modules) are used to convert sunlight into electricity. The two types of cells that make up a typical solar panel are: monocrystalline and polycrystalline. Polycrystalline Cells Monocrystalline cells are solid blocks of silicon that are cut from a single crystal of silicon. Visit this Page for More Information: Start a Business in Renewable Energy Industry Polycrystalline Cells Monocrystalline cells are solid blocks of silicon that are cut from a single crystal of silicon. Polycrystalline Cells When making polycrystalline cells, silicon crystals are melted and poured into molds in order to create wafers (thin sheets). These wafers are then sliced up into individual cells and linked together. Business Plan: Solar Panel (both type of the PV Cells: Polycrystalline and Monocrystalline) Uses Solar energy has many uses. Photovoltaic panels are typically used to convert sunlight into electricity and are most commonly used in large-scale installations for power generation. The Energy (Including both type of the PV Cells: Polycrystalline and Monocrystalline). Solar power has a number of uses that range from powering up your cell phone to lighting your house. The two most common uses for solar panels are to generate electricity and heat water. Solar energy can also be used in other applications like pumping water, charging batteries etc. Read Similar Articles: Renewable Energy Manufacturing Process: Routinely Polycrystalline panels are produced by casting molten silicon into square ingots and slicing them into wafers. After refining to produce highly pure silicon at 99.9999% purity, a wafer of only 20 ?m thickness is made by a band saw from each square ingot and then its cut into smaller sized PV cells. These processes are considered routine manufacturing process in semiconductor industry. Read our Books Here: Environmentally Friendly, Eco-Friendly Products, Natural Products, Biodegradable Plastics, Natural Dyes And Pigments, Jute Products, Natural Fibers Monocrystalline Silicon Panels: The first-generation crystalline silicon panels were made with single-crystal (monocrystalline) silicon cells that were grown using an expensive gas/liquid handling method called plasma-enhanced chemical vapor deposition (PECVD). A large cylindrical boule of high purity monocrystalline silicon was grown directly in high temperature furnaces and sliced into wafers for use in PV modules. Related Feasibility Study Reports: Renewable Energy Sector, Green Power, Solar Energy, Biofuel, Hydroelectric, Wind, Geothermal, Biomass, Non-conventional Energy, New and Renewable Energy Projects Market Outlook: Between 2021 and 2028, the global solar power market is predicted to increase at a CAGR of 6.9%, rising from $184.03 billion in 2021 to $293.18 billion in 2028. As a result of the constant shift toward renewable energy, the worldwide solar panel industry is booming. Due to the increased adoption of solar power capacity, the EU, Asia-Pacific, Mexico, and Australia are also emerging as the most appealing markets. As electricity bills climb and solar panels become more affordable, this industry boom is projected to continue in the coming years. Watch other Informative Videos: Renewable Energy Sector, Green Power, Solar Energy, Biofuel, Hydroelectric, Wind, Non-conventional Energy, New and Renewable Energy Rising demand for solar panels in the residential rooftop solar industry, as well as reduced prices for polysilicon and silver used in solar cell manufacture, will help the market in the next years. Furthermore, since the cost of solar panels has decreased, governments in a number of countries have increased their efforts and provided subsidies, which is projected to aid the growth of the residential solar panel market. See More Links: Start a Business in Asia Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Startup Consulting Services Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects
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How to Set up Activated Alumina (spherical Balls) Business

Activated alumina (also known as spherical balls or aluminosilicate beads or XAD-4) The solid structure of activated alumina particles provides maximum surface area for absorption to occur. This property, coupled with its low density and high porosity, gives it excellent capacities for liquid/gas separations such as drying solvents, water treatment, and air purification. Visit this Page for More Information: Start a Business in Aluminium Downstream Sector Because it does not form any chemical bonds with most compounds, including acids and bases, activated alumina does not react with either material as it passes through. In air pollution control systems, active carbon may have to be mixed with other substances such as zeolites in order to improve its capacity for certain pollutants. Read Similar Articles: Chemical Industry Uses Activated Alumina Balls are made of highly porous aluminium oxide with a large surface area. Instrumental Air Drying uses Activated Alumina Balls for Heat Less Air Dryers, Heat Reactivated Dryers, Heat of Compression Air Dryers, and Reciprocated Air Dryers. All brands of air dryers benefit from the use of activated alumina balls. Spherical Balls is used as an adsorbent in liquids and gases. There are high pressures on one side and low pressures on the other due to pressure differentials that have developed in system valves or pump seals, activated alumina filters may be preferred to conventional filters. Watch Video: Production of Activated Alumina Spherical Balls. Profitable Business Opportunity Manufacturing process Manufacturing activated alumina spherical balls can be done in a variety of ways. Freeze drying and super filtration are the two most common procedures for generating spherical alumina products. In a nutshell, both techniques result in an ultra-fine, porous powder substance. Related Project: A Complete Business Plan for Activated Alumina (spherical Balls) Manufacturing There are a few key distinctions that make one procedure better than the other based on your individual needs. As a result, before choosing a process for producing spherical alumina, it's critical to think about which method will best fulfil your needs. Watch other Informative Videos: Chemicals (Organic, Inorganic, Industrial) Market Outlook: The activated alumina market size was 146.2 million in 2020 and will grow at a CAGR of 8.2% from 2021 to 2027. The proliferating oil & gas production coupled with increasing oil & gas exploration activities across the globe will augment the product demand. The market is majorly driven by factors, such as rising demand for clean water, shrinking water reserves, and implementation of new water treatment facilities. Activated alumina is formed by dihydroxylation of aluminum hydroxide to produce highly porous material. It is used in various applications including catalyst, desiccant, fluoride adsorbent, bioceramics, and others Increasing population coupled with rapid economic growth is expected to boost the market growth in Asia Pacific. Related Feasibility Study Reports: Chemicals,Chemicals Organic, Chemicals Inorganic, Zeolite, Sulphate, Wax, Activated Carbon, Polishing, Compounds, Acids, Starch, Nitrate, Phosphate, Formaldehyde, Biotechnology, Enzymes, Bio Fertilizer, Vermiculture and Vermi Compost Projects Government initiatives, such as the launch of various projects for the regular supply and treatment of water, are likely to propel the product demand over the forecast period. Product usage in the purification of lithium is gaining popularity. Lithium finds use in ceramics, glass, batteries, lubricating greases, and air treatment applications For More Details: https://bit.ly/3s36wtW See More Links: Start a Business in Asia Related Market Research Reports Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects #Activatedalumina #activatedaluminamanufacturers #activatedaluminaballmanufacturer #sphericalballs #chemicalpacking #Activatedaluminasphericalballs #Activatedalumina #sphericalballsBusinessplan #ProjectReport #BusinessOpportunity #BusinessPlan #NPCS #EntrepreneurIndia
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Start Production of Technical Grade Camphor Powder. A Lucrative Business Plan for Startup

Introduction There are three different grades of camphor: techical, food-grade and super-refined. Both technical and food-grade camphor consist of distilled solid alcohol with concentrated natural camphor oils added to them, but they are produced using different methods. Techincal grade camphor is boiled down to remove all extraneous matter such as water and leaves. Business Plan: Camphor Powder (Technical Grade) Making Business The final product will contain no chemicals at all since everything was removed during distillation. Technically-distilled camphor contains 100 percent pure camphor oil with all water, sediment and impurities having been removed during distillation process which makes technical grade camphor dangerous for human consumption. Visit this Page for More Information: Start a Business in Chemical Industry Projects Uses of Camphor Powder 1. Camphor Powder is used as a topical analgesic, antibacterial, antispasmodic, antipruritic, antiinflammatory, anti-infective, rubefacient, contraceptive, moderate expectorant, nasal decongestant, cough suppressant, and a variety of other pharmacological uses. 2. Camphor Powder's Health Benefits Camphor has long been used for a variety of health advantages, and its therapeutic properties were previously referred to as magical. 3. It functions as an expectorant, making it easier to breathe; 4. It soothes pain when applied to painful muscles; 5. It acts as an antiseptic, preventing bacteria from spreading; 6. Inhaling it can relieve symptoms of common colds and coughs. Read Similar Articles: Chemical Industry Manufacturing Process: The manufacturing process of technical grade camphor powder includes steam distillation of wood of Cinnamomum camphora. The wood residue obtained as a result of steam distillation is taken to be boiled in ethanol to get rid of unreacted cinnamaldehyde and water, so that it should become dark brown solid. Related Feasibility Study Reports: Chemicals (Organic, Inorganic, Industrial) Projects It should be granulated with 75% ethanol to obtain a free flowing powder. Then it will be dried at 50°C till constant weight loss is observed. In case if any wet residues are noticed after drying then calcination will be done at 200-250 °C under vacuum to remove all traces of moisture. Finally, it should be sieved using screen mesh 12-14s (80-120mesh) before packaging. Read our Books Here: Chemical Technology (Organic, Inorganic, and Industrial), Fine Chemicals Market Outlook: The global camphor market is predicted to grow at a CAGR of 7.9% during the next five years. In the coming years, the increased demand for camphor in the manufacture of medicine for various ailments is expected to move the camphor market forward. Because of its good chemical qualities, it has a wide range of uses in various end user sectors, including medications, food, agriculture, and chemicals, among others. It's also used to manufacture cough and chest congestion vapour ointments. Watch other Informative Videos: Chemicals (Organic, Inorganic, Industrial) Because of the rising demand for camphor in ointments, the market is likely to grow. In the regional market, Asia Pacific has the largest percentage of market share and is likely to maintain its dominance over the projection period. Factors such as increased demand for camphor as a treatment for a number of ailments are projected to affect market growth. In India, there are various sacred sites. In Hinduism, camphor is frequently used during god worship. The camphor market is predicted to develop in the next years as a result of this aspect. Key Players: • Camphor & Allied Products Ltd. • Kanchi Karpooram Ltd. • Mangalam Organics Ltd. • Oriental Aromatics Ltd. • Oriental Aromatics Ltd. • Saptagir Camphor Ltd. See More Links: Start a Business in Asia Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Startup Consulting Services Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects Related Market Research Reports
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Want to Start a Business in Chemical Industry? Invest in Production of Sodium Hydrosulphite.

The chemical substance sodium hydrosulfite, commonly known as sodium dithionite or sodium hydrosulfide, has the formula NaHSO2. The compound is the sodium salt of hydrosulfuric acid, consisting of sodium ions bound to two sulphur dioxide molecules. It's utilised in chemical operations as an oxygen scavenger, as well as in the filtration of drinking water and wastewater. Visit this Page for More Information: Start a Business in Chemical Industry Projects Uses of Sodium Hydrosulphite The use of sodium hydrosulfite is also widely used for food additive such as beer, salt, egg powder and so on; for anhydrous sodium sulfate manufacture of leather ingredients; in water treatment agent. Also it is used to produce sulfuric acid preparation and other chemicals industry. The appearance of gray or white crystal irregular cube or block, soluble in water but slightly soluble in ethanol, methanol. Read Similar Articles: Chemical Industry Manufacturing Process: Sodium hydrosulphite is produced in a two-step process from caustic soda and sodium sulphide. The first step is to produce hypo-sulphuric acid which is a solution of 35% w/w Sulphuric acid and 65% w/w water containing all of its oxygen bonded to hydrogen ions. Hydrogen gas is passed through it at 30-40°C whilst pass through another stream of chlorine into a pool at 22°C. Related Feasibility Study Reports: Chemicals,Chemicals Organic, Chemicals Inorganic, Zeolite, Sulphate, Wax, Activated Carbon, Polishing, Compounds, Acids, Starch, Nitrate, Phosphate, Formaldehyde, Biotechnology, Enzymes, Bio Fertilizer, Vermiculture and Vermi Compost Chlorine reacts with gaseous hydrogen to form hypochlorous acid HClO with some being used up in reaction whilst excess chlorine is vented off; concentrated sulfuric acid dissolves reacting forming Na2SO4, HCl and H2SO4. The production of hypo-sulphuric acid results in SO3 entering as a side product which becomes concentrated as it moves down the column away from vapour. Related Project: Production of Sodium Hydrosulphite Market Outlook: Sodium Hydrosulfite Market Size will likely grow by a CAGR of about 4% up to 2024. The rising paper products demand in Asia Pacific will drive the global sodium hydrosulfite market growth till 2024 owing to its extensive application as a reductive bleaching agent for pulp in the paper manufacturing process. Increasing consumer confidence, disposable income, and shoppers’ eagerness to keep up with the latest fashion trends are just a few of the major factors driving the textile market’s growth. Watch other Informative Videos: Chemicals (Organic, Inorganic, Industrial) Sodium Hydrosulfite Market in India provides top-level overview of Sodium Hydrosulfite industry in India. It covers Sodium Hydrosulfite market size and expected growth rate during forecast period, 2021-2024. In addition to above fundamentals, it contains revenue estimates for 3 years of all leading players in market, taking into account sales and revenue growth. The study also highlights key drivers, restraints, opportunities and challenges that affect India Sodium Hydrosulfite market. Read our Books Here: Chemical Technology (Organic, Inorganic, Industrial), Fine Chemicals Key Players: • Demosha Chemicals Pvt. Ltd. • Gulshan Chemicals Pvt. Ltd. • Kanoria Chemicals & Inds. Ltd. • Orchid Pharma Ltd. • Shankar Lal Rampal Dye-Chem Ltd. • T C P Ltd. See More Links: Start a Business in Asia Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Startup Consulting Services Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects Related Market Research Reports
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Detailed Project Report on Bromelain Enzyme from Pineapple Stems

Pineapple extract contains proteolytic enzymes derived from the pineapple plant's flesh, also known as bromelain enzyme from pineapple stems. According to study, these enzymes have been discovered to have anti-inflammatory properties and to be advantageous to the digestive system, among other things. However, more research is needed to confirm these findings and determine how bromelain can be used to treat diseases or improve overall health. Bromelain is a protein-digesting enzyme found in pineapple stems and a wide range of other foods. It can be used as a supplement to help with sports injuries such as sprains and muscle tears. By lowering swelling and inflammation, it can help with rheumatoid arthritis and other inflammatory illnesses. It can also be used to aid digestion and alleviate indigestion or stomach discomfort. Chemically, it has been known since 1876, and Marcano was the first to identify it in 1891. Bromelain has been studied and isolated by scientists since 1894. In 1957, it was first utilised as a dietary supplement. Sulfhydryl proteolytic enzymes make up the majority of bromelain. Bromelain is widely used in the food and pharmaceutical industries, making it one of the best proteases of vegetable origin. Companies wishing to use it in Brazil, however, must import bromelain. Bromelain is a proteolytic enzyme that is used to treat inflammatory, blood-clotting-related, and malignant diseases of the oral cavity. Antiedematous, anti-inflammatory, antithrombotic, and fibrinolytic activity in vitro and in vivo are all therapeutic features of these enzymes. 1. When bromelain is introduced to dough during baking, it softens it by hydrolyzing gluten. It also increases the taste and quality of biscuits and bread. 2. Bromelain is used in the dairy industry to avoid casein condensation during the cheese-making process. 3. Bromelain is utilised in the meat sector to tenderise meat. 4. Bromelain is used in cosmetics due to its skin-lightening and regeneration characteristics. 5. Bromelain is also used in the pharmaceutical industry. This enzyme is used in many industries because of its proteolytic activity, which includes the ability to facilitate protein digestion and thus be used in digestive treatments, as well as the ability to soften meat. Pharmaceutical manufacturing, digestive system effects, and the substitution of pepsin and trypsin in the treatment of pancreatic insufficiency are all factors that contribute to its economic relevance. While the bromelain enzyme has a variety of health benefits, one of the most common uses is to treat sinus infections. Bromelain is an anti-inflammatory that helps you breathe easier by reducing swelling and pain in your nose. Bromelain also has antibacterial properties that aid in the battle against infection-causing germs in the sinuses. It can be combined with other sinus treatments like over-the-counter or antibiotic medications. Bromelain is predicted to reach a market value of $1154.4 million by 2027, according to Market Research Future (MRFR), with a CAGR of 4.39 percent. The bromelain market is expected to rise as more people become aware of its benefits and its widespread use in the treatment of cardiovascular problems. However, due to concerns over excessive Bromelain dosage and poor health effects, the market would encounter barriers and limitations over the forecast period. Bromelain market expansion will be aided by a better understanding of the health benefits of bromelain. Increasing awareness of Bromelain's health advantages is predicted to be a major driver driving Bromelain's market share throughout the forecast period. Bromelain can be used to treat a variety of conditions, including cardiovascular disease, excessive blood pressure, and others. In the pharmaceutical business, bromelain is used to treat puffiness, sinus difficulties, cardiovascular health, allergies, digestion issues, and a variety of other disorders. Bromelain is also employed in the cosmetics and personal care industry, as well as nutritional supplement makers, dairy processing facilities, the paper and leather processing industries, and confectioneries. The rise of the industry is tied to the pharmaceutical industry's increasing usage of Bromelain to prevent arthritis and other joint issues. Key Players: • Advanced Enzyme Technologies Ltd. • Anil Bioplus Ltd. • Anthem Cellutions (India) Pvt. Ltd. • Maps Enzymes Ltd. • Scorpio Biosolutions Pvt. Ltd.
Plant capacity: 8 MT Per DayPlant & machinery: 170 Lakhs
Working capital: -T.C.I: Cost of Project: 656 Lakhs
Return: 28.00%Break even: 63.00%
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Peanut Butter Manufacturing Business Plan

Peanut butter, also known as ground-nut butter or pindjur, is a culinary paste or spread made from ground dry roasted peanuts. To change the taste or texture, salt and sweeteners (honey, sugar) are regularly employed, as well as stabilisers (xanthan gum, lecithin). Peanut butter is popular in a wide range of countries and cultures. It can be used as a substitute for other nut butters like almond or cashew butter on breads, muffins, bagels, toast, and even sandwiches. Peanut butter is a spread or culinary ingredient made from ground dry roasted peanuts. Chemicals that modify the taste and texture, such as salt, sweeteners, and emulsifiers, are frequently added to make it more palatable; these components are usually listed on the label. Peanut butter, often known as groundnut butter or just PB, is a culinary paste or spread made from pulverised dry roasted peanuts. It usually has a lot of extra oil and salt in it. Peanut butter is commonly used in sweets and other dishes such as pancakes and spaghetti sauce, and it can be spread on toast or bread. It can also be used to make crackers and cookies, as well as being blended into smoothies and used as a sandwich filling. Peanut butter is a spread or paste produced from pulverised dry roasted peanuts and, on rare occasions, additional nuts such as hazelnuts or almonds. It is widely eaten as a snack with toast or crackers, as an appetiser with celery sticks, or as a component in many American recipes, including desserts and other dishes, where it often adds extra sweeteners and flavourings, especially sugar in the US, Canada, the UK, and Australia. Peanut butter is traditionally used as a sandwich spread, but its high lipid and protein content has made it a major component of ready-to-use therapeutic diets for treating malnutrition in children and AIDS patients, particularly in developing nations. Peanut butter, a smooth paste produced from ground roasted peanuts, has long been a staple in many households' kitchens. The paste is cooked with vegetables, pearled sorghum, and maize to make a variety of dishes, including side dishes. Peanut butter is used in sandwiches, the confectionery sector, and the bread industry, and 94 percent of consumers use it as a spread. • 74% of individuals use it in a sandwich on its own. • It's used by 71% of people in between meals. • 40 percent of the mixture is utilised in jelly meat sandwiches. • 32 percent of the total is made up of candies. • It is used as a flavouring in meals 25% of the time. Peanut butter is a high-protein, low-calorie, and nutrient-dense food. It's a healthier alternative to dairy butter and can be used as a bread spread. Peanut butter has a bigger market share in Western countries than it does in Asian countries like India, where it is still a relatively new product. Peanut butter is used as a spread and a milk butter alternative in a variety of recipes. When compared to other spreads, peanut butter has a low calorie and high protein content. Peanut butter consumption has several benefits, including the capacity to aid weight loss and provide adequate nutrition. Peanut butter powder is also available and can be used in morning meals, savoury sauces, and smoothies. In 2011-12, the Indian butter market was approximately INR 420 crore in terms of value. By the end of the projection period, cheese spread is expected to have reached a market value of 5473 metric tonnes. The peanut butter market is expected to grow at a rate of more than 10% from 2017-2018 to 2022-23. The India Peanut Butter market will be worth 3.3 billion dollars in 2023, with a CAGR of 13% between 2018 and 2023. The global peanut butter market is expected to grow substantially over the estimated period, owing to rising consumer demand for low-calorie nutritional foods. North America is estimated to contribute the biggest market share of all regions over the forecast period, followed by Europe. The United States is projected to contribute the greatest market share due to the high disposable income of North American consumers. Due to growing consumer disposable income in these countries, the peanut butter market in emerging economies such as Asia Pacific is predicted to grow at the quickest rate. From 2016 to 2024, the global peanut butter market is estimated to grow at a CAGR of 10.0 percent, reaching USD 6.73 billion. Key Player: • Dr. Oetker India Pvt. Ltd. • Innovative Foods Ltd. • Sampre Nutritions Ltd. • Sundrop Foods India Pvt. Ltd. • Veeba Food Services Pvt. Ltd.
Plant capacity: 10 Ton per dayPlant & machinery: 128 Lakhs
Working capital: -T.C.I: Cost of Project: 1038 Lakhs
Return: 30.00%Break even: 45.00%
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Production of White Fused Alumina

White fused alumina is an extremely pure type of aluminium oxide that may be utilised with both stainless steel and aluminium. Fusing high purity calcined alumina in electric arc furnaces produces white fused alumina (WFA). White Fused Aluminum Oxide is a fused aluminium oxide with a high purity. It's white because it has fewer impurities than brown or pink mixed aluminium oxide. Brown fused aluminium oxide has a higher friability than white fused aluminium oxide. Aluminum oxide is a wear-resistant, high-strength material that can withstand harsh chemical attacks (acid and alkali) at high temperatures. It has a toughness of 9 on the Mohs scale. White Fused Aluminum Oxide is a desirable material for a variety of applications due to its high refractoriness, excellent electrical insulating properties, dielectric capabilities, and high melting point. White Fused Alumina is made by combining different types of exceptionally pure calcined alumina in electric arc furnaces (WFA). WFA is a hard, friable raw material with a large crystal size, excellent purity, chemical stability, and a high melting point. It's ideal for refractory applications that require high purity, chemical stability, or refractoriness. • Polishing cloths and abrasive tape materials • Precision grinding wheels and high-class polishing grinding wheels (bearing steel, etc.) • Lapping materials made of metal, glass, crystal, semiconductor crystal, and other materials • Electrical insulating materials, high-quality refractory materials, and other goods The global White Fused Alumina market is predicted to increase at a CAGR of 2.2 percent between 2021 and 2026, from 447.8 million USD in 2020 to 522.4 million USD by 2026. The data is based on current as well as historical tendencies. This section also includes a research of worldwide production volume as well as production volume by kind from 2015 to 2026. The amount of output by region is discussed in this section from 2015 to 2026. Alumina is utilised in abrasives, ceramics, refractories, metallurgy, and a variety of other industries. During the projection period, ceramics is expected to increase at the fastest rate. Calcined alumina is utilised in the creation of complex ceramics. Because of its ease of combining with other formulations, strong electrical conductivity, ability to adjust particle size and distribution, low dielectric constant, high mechanical strength, and great corrosion resistance, calcined alumina is preferred as a substrate for ceramics manufacture. A range of physical and chemical approaches can be used to work with alumina components. The market classifications for fused, reactive, calcined, tabular, and metallurgical alumina are determined by the types of alumina. Metallurgical alumina was the most popular form of alumina on the market in 2018. The explanation given was increased demand for aluminium from a variety of end-use industries, including packaging, construction, transportation, and consumer durables. Furthermore, improvements in global macroeconomic growth rates, as well as favourable development forecasts for these industries, are expected to boost aluminium demand in the coming years. Key Players: • Almatis Alumina Pvt. Ltd. • Carborundum Universal Ltd. • Orient Abrasives Ltd.
Plant capacity: White Fused Alumina (Al203 -99.73% and Na20 -0.3%): 80 MT Per DayPlant & machinery: 977 Lakhs
Working capital: -T.C.I: Cost of Project: 2532 Lakhs
Return: 27.00%Break even: 52.00%
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Steel Shots & Grits Steel Abrasives) Manufacturing Business

Steel shots are spherical grains created by atomizing (granulating) molten steel in a variety of diameters and hardnesses. Steel shots are made from scrap steel. Steel scrap is melted in a furnace and then atomized into shot using a water jet. Steel shots, because to their delicate production process, produce the least amount of dust. Steel shots are used to clean heavy metal parts like engine turbine blades, crankshafts, and heavy-duty springs. Particles with a majority of round edges, a length less than twice the maximum particle width, and no sharp edges, shattered faces, or other surface imperfections. Steel shots are available in a variety of sizes, from S110 to S330, and come in a variety of shapes. In contrast to grits, the larger the shot number, the larger the steel shot, hence a size S330 shot will be larger than a size S110 shot. The larger shot is used to peen heavier steel and remove thicker coatings. Crushing hardened shot, sifting the resulting material, and tempering it to the proper hardness produces steel grits. When cleaning speed is necessary and a poor finish is acceptable, it's employed in contingency and rust removal scenarios. Particles with a primarily angular shape, fractured faces, and sharp edges, as well as a shape less than half circular. It makes wiping off the surfaces a breeze. They are used in a wide range of applications (ship building, pipe building, steel construction, granite cutting, tank manufacturing etc.). Steel grit's increased hardness, combined with its flawless microstructure, ensures maximum durability and impact energy transmission. Steel grit is best used in high-stress, severe environments. In a short amount of time, it eliminates a wide spectrum of surface impurities from steels and other foundry metals. The most often used grit grits range from G25 to G80, and they extend the life of conventional abrasive materials by about 1,000 to 1, cutting raw material expenses. As the number of grits grows, the size of the actual blast media particle shrinks. High carbon steel shot is required for desanding, descaling, cleaning, shot peening, and other applications. Because of the centrifugal atomization technique and twofold heat treatment used at the Airblast plants, as well as ongoing quality control methods, the shot is of the highest quality. Shot peening is a cold working technique that includes blasting a spring's surface with small spherical media called steel shot. Each piece of shot that lands on the surface leaves a dimple or depression in the surface. Overlapping dimples generate a uniform layer of metal under residual compressive stress. Fatigue cracks will not form or propagate in a compressively stressed zone. When the surface develops a residual compressive stress, the applied load's tensile stress must first overcome the residual compressive stress before the resultant surface stress can become tensile. Steel shot and grit are used primarily in surface preparation to remove mill scale, dirt, and rust from metal surfaces, as well as to physically modify the metal surface, such as creating roughness for better paint and coating application, such as powder coating, enamelling, painting, metallization, rubber bonding, and so on. In shot blasters, steel shots are regularly employed. In accordance with India's forecasted healthy economic growth, the INR 25 billion organised steel abrasives sector is expected to grow at a CAGR of 13% over five years to INR 40 billion. Steel abrasives have always grown in lockstep with India's GDP growth. This shows how dependent the industry is on India's economic performance. India's remarkable GDP growth rate of above 7% is thus a major boon to the country. The steel abrasives market is expected to grow at a healthy rate in the coming years. Rapid industrialization and increased car production are the two main themes driving market expansion. To alleviate environmental concerns, leading vehicle manufacturers are designing low-weight products that emit less carbon dioxide, are cost-effective, and provide exceptional performance. Steel abrasives are expected to profit from an increase in demand in end-use sectors for manufactured industrial items with high precision finishes. Furthermore, high expansion in the global construction sector is expected to propel the steel abrasives market. Asia Pacific is expected to be the largest market for steel abrasives in the next five years, owing to a significant increase in industrial applications in the past five years. India, China, Russia, Brazil, and South America are just a few of the major economies with significant market expansion potential. Over the forecast period, the market for steel abrasives is expected to rise at a CAGR of 6.2 percent (2019-2026). The global steel abrasives market is expected to develop at a CAGR of 6.5 percent from 2017 to 2023, rising from $34,615 million in 2016 to $53,634 million in 2023. Abrasives are utilised in the automotive, electronics, construction, and industrial industries to produce a good polished surface finish. Key Players: • 3M India Ltd. • Grindwell Norton Ltd. • Hi-Tech Recycling (India) Pvt. Ltd. • Nippon Steel & Sumitomo Metal India Pvt. Ltd. • Orient Steel & Inds. Ltd. • Rotocast Industries Ltd.
Plant capacity: 40 MT per dayPlant & machinery: 722 Lakhs
Working capital: -T.C.I: Cost of Project: 1884 Lakhs
Return: 28.00%Break even: 66.00%
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Start Production of Silica from Rice Husk Ash

Rice husk ash silica is a feasible alternative to traditional sand in the concrete industry, especially in places where sand is scarce. Silicon dioxide is produced by extracting silica from rice husk ash using high-temperature calcination and carbonization techniques, and it can be added to concrete mixes to improve properties like as strength, density, air entrainment, and freeze-thaw resistance. The husk left behind from milling is commonly utilised as a fuel in paddy processing boilers, generating energy through direct combustion and/or gasification. By inflicting harm to the ground and surrounding region where it is discharged, this RHA poses a substantial environmental danger. Many solutions are being examined for disposing of them through commercial use of this RHA. India produces 12 million tonnes of rice husks each year. The annual output of husk is expected to be 80 million tonnes. Rice husk is a waste product of the rice milling process that is often left to rot in the field or burned in the open. Rice husk has been used as a fuel for cooking and parboiling paddy rice in some poor countries. Different types of silica area given below:- Rice husk ash's high silica concentration has generated interest in finding economic uses for it. Although silica can be found as a component of cells or cell walls in almost every arial region of the rice plant, it is most abundant in the husk. Silica is one of the most valuable inorganic chemical compounds. Amorphous, crystalline, and gel forms are all possible. Precipitated Silica (also known as particulate silica) is a mixture of colloidal-size ultimate particles that haven't formed a significant gel network throughout the preparation process. There are three different forms of amorphous silica. With high-speed neutrons, silica was created, indicating either amorphous or crystalline silica. Vitreous silica or glass formed by fusing quartz includes micro amorphous silica. At high temperatures, gynogenic silicas are formed by condensation of SiO2 from the vapour phase, or at low temperatures, by chemical reaction in the vapour phase followed by condensation. In an aqueous solution, silica can be found as sols, gels, or particles. Concentrating an under saturated solution into a heated saturated solution, or creating Si(OH)4 of the silica ester SiH4, SiS2, SiCl4, or Si, yields amorphous silica. Precipitated Silica is a porous soluble silicate solution with highly regulated particle sizes. Precipitated silica powders have a more open structure with less volume than dried pulverised gels. As a filler for paper and rubber, as a carrier and diluent for agricultural chemicals, as an anti-caking agent, to control viscosity and thickness, and as a cleansing agent, silica is used in toothpastes and cosmetics. 1. Adhesive: Silica is utilised as a thickening and reinforcing ingredient, as well as to increase bond strength. The dispersed silica particles within a liquid adhesive harden quickly when it comes into contact with a solid surface. Natural and synthetic rubber-based adhesive. 2. Chappals: Silica is used in shoe soles because of its wear and tear resistance, non-scuffing qualities, and capacity to generate light-colored or even translucent compounds. 3. Conveyor Belt & Transmission Belt: Silica is used to improve tear strength because of its small particle size and complex aggregate structure. 4. PVC Sheets: Silica enhances pigment dispersion, works as a separating agent and absorbent to accelerate flow, and imparts a dry feel to the compound. 5. Railway Pads: Silica is used in railway pads for a variety of reasons, including: 6. Rubber Belts and Rubber Hoses: Silica improves the strength and durability of industrial rubber belts and rubber hoses, as well as their heat resistance and tear strength. 7. Silicon Tubes: Silicone rubber is used in a wide range of applications where its unique properties are beneficial. The type and amount of filler used in the compound has a big impact on a lot of these qualities. India's silica market was worth USD 46.8 million in 2019-20. In the coming years, it is predicted to increase at a CAGR of 6.5 percent. Strong product demand in the food industry has helped the market gain pace in recent years due to its anti-caking and super absorption capabilities. The rising use of silica in the rubber industry's manufacturing of micro sheets, rice rollers, thermoplastic rubber, PVC sheets, and shoe soles is likely to propel the market ahead. Increased use of the product in transmission and conveyor belts, notably for higher tear strength and elastomer compound reinforcement, is likely to drive market growth over the forecast period. Tyre demand is increasing in India, China, Indonesia, South Korea, Japan, Malaysia, Taiwan, Mexico, the United States, and Germany, owing to increased car manufacture. Rapid economic growth, increased government spending, improved road infrastructure, and a growing preference for personal transportation are all expected to boost demand for automobiles, propelling the market forward. In 2018, the global silica market was worth USD 5.22 billion, and it is predicted to increase at an annual pace of 8.6% over the next five years. The breadth of the market includes precipitated, fumed, gels and sols, as well as microsilica (fumes). The increased demand for the product from the rubber industry is the primary driver of the market. Silica in rubber improves abrasion resistance, tensile strength, and flex fatigue properties. It is commonly used in tyre applications because of its ability to increase the binding and tear resistance between rubber tyres and iron reinforcements.
Plant capacity: Silica: 5.80 MT Per Day | Activated Carbon (by product): 0.64 MT Per Day | Sodium Carbonate (by product): 0.96 MT Per DayPlant & machinery: 745 Lakhs
Working capital: -T.C.I: Cost of Project: 1121 Lakhs
Return: 27.00%Break even: 45.00%
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A Complete Business Plan for Lithium Ion Battery (Battery Assembly)

In portable devices such as cell phones, tablets, laptops, and even electric cars, lithium ion batteries are the most extensively utilised power source. They're employed in these devices because they're light and have a high energy density, meaning they pack a lot of power into a tiny space. However, the process of making lithium ion batteries is complicated, and it might be difficult to ensure that each component is properly installed so that the batteries function properly later. For a variety of reasons, lithium ion batteries have grown extremely popular in recent years. They have a high discharge rate and may be used in a variety of applications, but they're especially popular because they don't contain heavy metals like mercury or cadmium, which were formerly used in battery technology. As a result, they are far more easily recycled than previous batteries. These batteries can also be recharged, allowing users to reuse them instead of throwing them away. Lithium-ion batteries are more expensive up front than other types of rechargeable cells, but they save money in the long run since they can be recharged multiple times before needing to be replaced. In fact, they have a longer life expectancy than other battery kinds. Lithium-ion batteries can be used as primary power sources for electronics and tools, as well as emergency backup power supplies, and even integrated into home solar or wind turbines. (1) Lithium-ion batteries are used in cameras and calculators. (2) They're found in cardiac pacemakers and other medical implants. (3) They're used in telecommunications, instrumentation, portable radios and televisions, and pagers. (4) Laptop computers, cell phones, and aerospace applications all use them. Advantages • More Compact Design: Li-ion batteries are smaller and lighter than traditional rechargeable batteries when compared to their capacity, and are thus used in portable consumer electronics devices where weight and form factor are important selling points. • High Energy Density: Li-ion batteries have a higher energy density than conventional rechargeable batteries. Lithium-ion batteries deliver a lot of power without being too bulky. • Lower Self-discharge and Longer Shelf Life: While compared to other rechargeable batteries, Li-ion batteries have a lower self-discharge rate of about 1.5 percent per month, allowing for a longer shelf life when not in use due to the slower drain. • Lower Memory Effect: The process of rechargeable batteries losing their maximum energy capacity due to frequent recharges after only being partially discharged is referred to as memory effect. • Fast Charging: Lithium-ion batteries charge faster than other rechargeable batteries including lead acid, nickel-metal hydride, and nickel-cadmium. • Longer Lifespan: Li-ion batteries have a longer life span than conventional batteries. Certain lithium ion batteries lose 30% of their capacity after 1000 cycles, but sophisticated lithium ion batteries retain their capacity even after 5000 cycles. • Low Maintenance: Lithium-ion batteries do not need to be maintained in order to function properly. • High Open-Circuit Voltage: Due to their chemistry, Li-ion batteries have a higher open-circuit voltage than other batteries such as lead acid, nickel-metal hydride, and nickel-cadmium. The India lithium-ion battery market is estimated to develop at a robust CAGR of 29.26 percent over the forecast period of 2018-2023. The Indian automobile sector is one of the country's most vital, contributing for around 7% of the country's GDP. In April-March 2017, the industry produced 25.31 million vehicles, including commercial, passenger, two- and three-wheeled vehicles, and commercial quadricycles, compared to 24.01 million in the same period last year. The Indian automobile sector is one of the country's most vital, contributing for around 7% of the country's GDP. In April-March 2017, the industry produced 25.31 million vehicles, including commercial, passenger, two- and three-wheeled vehicles, and commercial quadricycles, compared to 24.01 million in the same period last year. The Indian government is focusing on energy diversification and striving to achieve its lofty goal of 175 GW of renewable capacity by 2022. India's total solar PV capacity has topped 10 GW, an almost fourfold growth since May 2014 levels, with another 14 GW pipeline project knocking on the door and another 6 GW to be auctioned soon. Similarly, India's wind power capacity is expected to double to 185 GW by 2025, representing an eight-fold increase over 2015 and accounting for nearly 14% of the country's renewable energy demand. Large-scale renewable energy deployment in the country faces significant ramping and intermittency difficulties, which can be overcome by widespread use of lithium-ion batteries as energy storage devices.
Plant capacity: 150 Nos per dayPlant & machinery: 155 Lakhs
Working capital: -T.C.I: Cost of Project: 708 Lakhs
Return: 27.00%Break even: 63.00%
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