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

Automotive Sector: Project Opportunities in Maharashtra

 

PROFILE:

The automotive industry in India is one of the largest in the world and one of the fastest growing globally. A sound transportation system plays a pivotal role in a country’s rapid economic and industrial development. The well-developed Indian automotive industry ably fulfils this catalytic role by producing a wide variety of vehicles. The automobile industry comprises automobile and auto component sectors. It includes passenger cars; light, medium and heavy commercial vehicles; multi-utility vehicles such as jeeps, scooters, motorcycles, three-wheelers and tractors; and auto components like engine parts, drive and transmission parts, suspension and braking parts, and electrical, body and chassis part. The automotive industry designs, develops, manufactures, markets, and sells motor vehicles, and is one of the world's most important economic sectors by revenue. Indian automotive sector is a key contributor to the economic growth. India is World’s second largest two wheeler market, Asia’s third largest passenger vehicle market and World’s fourth largest commercial vehicle and tractor market. Maharashtra has strongly emerged as the top destination in India for automobile sector with a strong presence across the value chain.

 

RESOURCES:

Maharashtra accounts for approximately 33% of the country’s output of automobiles by value. Major automobile clusters in the state are Pune, Nasik, Aurangabad and Nagpur. Maharashtra is the leading producer of heavy and commercial vehicles in the country. Auto and auto ancillaries contribute to 9% of Maharashtra’s manufacturing strength. Maharashtra has a strong skilled labour base supporting the automotive industry. The state offers a strong educational infrastructure with technical institutions providing automobile engineering courses across the state. India's premier automotive R&D, testing and certification organisation, Automotive Research Association of India (ARAI) is present in Pune. India’s first Auto Cluster Development and Research Institute are in the state.

 

GOVERNMENT POLICIES:

Policy aims to promote integrated, phased, enduring and self-sustained growth of the Indian automotive industry. Special policies for Auto industry make it a lucrative investment sector.

·        Exalt the sector as a lever of industrial growth and employment and to achieve a high degree of value addition in the country; Promote a globally competitive automotive industry and emerge as a global source for auto components

·        Establish an international hub for manufacturing small, affordable passenger cars and a key centre for manufacturing Tractors and Two-wheelers in the world. Ensure a balanced transition to open trade at a minimal risk to the Indian economy and local industry

·        Conduce incessant modernization of the industry and facilitate indigenous design, research and development

·        Assist development of vehicles propelled by alternate energy sources;

·        Automatic approval for foreign equity investment of up to 100 per cent for manufacturing of auto components.

·        Setting up of a technology modernization fund, with special emphasis on SMEs and encouragement to establish development centres for SMEs.

·        Increasing exports and related infrastructure and streamlining training/research institutions around auto hubs.

·        Setting up of automotive training institutes and auto design centres, special auto parks and auto component virtual SEZs

·        To enhance and upgrade the testing and validation infrastructure and establish centres of excellence for automotive R&D.

·        Lowering of excise duty on small cars, increasing budgetary allocation for R&D activities and lowering duty regime in general.

·        Weighted increase in the in-house R&D expenditure from 150% to 200% and from 120% to 175% on outsourced R&D expenditure.

Chemical Sector: Project Opportunities in Maharashtra

 

PROFILE:

Chemical industry is one of the oldest industries in India. It not only plays a crucial role in meeting the daily needs of the common man, but also contributes significantly towards industrial and economic growth of the nation. The industry, including petro-chemicals, and alcohol-based chemicals, has grown at a pace outperforming the overall growth of the industry. India’s chemical industry contributes close to 3% to country’s GDP (2009). India is expected to grow at more than 11% till 2011 at almost double growth rate of the global industry. The chemical industry accounts for about 17.6% of the output of the manufacturing sector and around 11% in total exports of the country. The industry registered a growth of 16% from FY 2005 to 2010 In terms of volume, India is 12th largest in the world and 2nd largest in the developing world after China, Maharashtra has strong presence in chemical, petrochemicals, oil and gas sector. Maharashtra contributes 27.4% of total chemicals, petrochemicals and oil and gas output and around 15% of the total production of basic petrochemical products in India. Mumbai, Nagothane, Rabale & Patalganga are major petrochemical hubs while Thane, Mumbai, Pune and Wardha are chemical hubs.

 

RESOURCES:

Maharashtra has a well developed chemical and petrochemicals sector that has been doing extremely well on the economic front. The chemical industry in Maharashtra is among the main industries which has an important contribution to the economy of the state. There are many categories of the chemical industries in Maharashtra such as agrochemicals, dye & pigments, inorganic chemicals, petrochemicals, polymers, textile chemicals, pharmaceuticals etc. Chemical sector has been traditionally strong in Maharashtra with specific strength in Raw materials, Building Block production and Value Addition & Processing with clusters located in the Mumbai, Thane, Pune belt. Maharashtra has a strong skilled labour base supporting the chemical industry. The state offers a strong educational infrastructure with technical institutions providing Chemical engineering courses across the state. There is a strong resource pool and backward linkages with the well-developed chemicals and petrochemicals sector serves as an added advantage. All major domestic and number of global chemicals & petrochemicals players have a presence in the state. It contributes 27.4 per cent of the country's chemicals, petrochemicals and oil & gas output. The state also accounts for 18.2 per cent of the country's employment in the sector. The chemical sector in the country is expected to grow at 15 per cent per annum till 2010 and thus, presents ample opportunities for the state. Opportunities would primarily exist in the areas of polymers & plastics, fertilisers and synthetic yarns. Some of the names are Hindustan Petroleum, Bharat Petroleum, Reliance Industries, and Indo-Rama Synthetics. Maharashtra has a strong presence in the chemicals, petrochemicals, and oil and gas sector.

 

GOVERNMENT POLICIES:

·        Licensing requirements have been removed, except for hazardous chemicals and a few special drugs.

·        Entrepreneurs are allowed to set up chemicals industries following the Industrial Entrepreneurs Memorandum (IEM) route.

·        Under the automatic route, 100% FDI is allowed for all chemicals except hazardous chemicals.

·        In the Union Budget 2009-10, the Department of Chemicals and Petrochemicals was granted an outlay of USD 5.12 Billion

·        To mitigate the impact of anti dumping, Government has imposed 20% safeguard on soda ash

·        The peak rate of customs duty on most chemicals is 7.5%.

·        Plans are underway to set up port-based chemicals parks in SEZs to encourage clustering, provide infrastructure and enable tax concessions.

·        16% excise duty on almost all chemicals

·        Downstream SEZs have been planned to use the output of chemicals parks

 

 

Food and Agro Sector: Project Opportunities in Maharashtra

 

PROFILE:

India is one of the world’s largest producers as well as consumers of food and food products Maharashtra is a bio-diverse state with 9 agro climatic zones and varying soil types, suitable for agricultural development. The export from Maharashtra for fresh vegetables and fruits accounts for 30% and for processed food products is almost 50%. Mumbai port (MPT) and Jawaharlal Nehru Port (JNPT) are major ports used for exporting processed food products. The state has a strong skill base with a total of 73 institutions with an intake capacity of 5,895 students including 4 Agriculture Universities and 5 national level research organizations. Maharashtra has 8 Agricultural Export Zones (AEZ).

RESOURCES:

Reaching top most position in the country Maharashtra is India’s leading agriculture state.  The state has achieved many innovative agro-industrial ventures, the sugar co-operative and cooperatives for cultivating and marketing, including exports of grapes, mangoes, strawberries etc. Wide availability of varied horticultural produce due to varied range of climate & soil conditions offers tremendous scope to flourish state’s processing industry to increase the processing & value addition from present 1.5% to reach up to 35% of total produce.  Bio-diverse state with 9 agro climatic zones and varying soil types is suitable for agricultural development. Maharashtra is the major horticulture state with more than 22.04 lakh hectares area under horticulture and 4.48 lakh hectare area under vegetables. Alphonso Mangoes accounts for 90% of India’s export in mangoes. It leads sugar industry with 201 sugar factories. The export from Maharashtra for fresh vegetables and fruits accounts for 30% and for processed food products is almost 50%. Maharashtra has the highest gross value addition to food products in the country 16.18%. Maharashtra has eight Agri Export Zones spread across the state for Grapes and Grape Wine, Mangoes, Kesar Mango, Flowers, Onion, Pomegranate, Banana and Oranges. It also has additional five crop cluster for Cashew, Sapota, Sweet Orange, Fig and Custard Apple.

GOVERNMENT POLICIES:

Maharashtra Government initiatives are very unique to make agriculture, horticulture, Agri business, Food Processing industry highly competitive and successful in the country.

·         Reimbursement of 50% of the net VAT paid, instead of 25%;

·         5% interest subsidy on term loans for fixed capital investment for 5 years;

·         In the case of products attracting zero VAT, incentives against the amount of VAT retained and not refunded on input purchases.

·         Eligibility criteria (additional investment of 25% subject to a minimum of INR 1 crore) for providing incentives in the case of expansions under PSI 2007

·         The National Horticulture Mission (NHM) provides 50% of the capital cost with a cap of Rs. 3 lakh per unit for basic infrastructure.

 

 

 

 

 

Textile Sector: Project Opportunities in Maharashtra

 

PROFILE:

The textile industry occupies a leading position in the hierarchy of the Indian manufacturing industry. It has witnessed several new directions in the era of liberalization. While textile exports are increasing and India has become the largest exporter in world trade in cotton yarn and is an important player of readymade garments, country’s international textile trade constitutes a mere 3% of the total world textile trade The textile industry is one of the most important pillars of the Indian economy. It contributes about 4% to the GDP, and 17% to the country’s export earnings. It provides direct employment to over 35 million people. Indian textile industry is estimated to be at USD 51.4 billion. The industry accounts for 4% of the country’s GDP and 14% of its industrial production. Maharashtra contributes to about 10.4% to India’s textiles and apparels output. Maharashtra has the largest area under cultivation for cotton (33.4%). The State has witnessed 122 major textile projects with an investment of USD 224 Million.  There exists largest number of the sectors 100% export oriented units, with a count of 560 are based in Maharashtra.

 

RESOURCES:

Maharashtra contributes to about 10.4% to India’s textiles and apparels output. Cotton is available in bulk in Maharashtra which is one of the key factors that have enabled the state to establish a competitive edge. Vidarbha region has a predominant cotton production, while western region is famous for spinning mills. The major clusters of Maharashtra for the industry are Kolhapur, Mumbai, Nagpur, Nashik, Pune, Sangli, Satara, Sholapur and Thane. The State has witnessed 122 major textile projects with an investment of USD 224 Million.  There are largest numbers of the sectors 100% export oriented units, with a count of 560 are based in Maharashtra. Maharashtra has abundant raw material availability, cost effective labour pool, growing domestic market & presence across value chain.

 

 

 

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 recently announced the new National Textile Policy (NTP), with the objective of facilitating the industry to attain and sustain a pre-eminent global standing in the manufacture and export of clothing.

·         Suitable incentive either in capital or in the form of Interest subsidy shall be provided to the Textile units including spinning and ginning pressing units to promote employment.

·         Credit based capital subsidy or suitable interest subsidy on capital investment and working capital shall be provided to the upcoming Textile units including spinning and ginning units to make them self reliance.

·         Providing Technological Upgradation support to the Textile sector under Technological upgradation Fund (TUF) scheme.

·         Setting up of Textile Parks preferably in Vidarbha, Marathwada and Khandesh Region.

·         Rationalize debt equity ratio with special consideration in Marathwada, Vidarbha and Khandesh region.

·         Development of Infrastructure facilities with integration from fibre to garment manufacturing.

·         Pilot projects for power looms in Malegaon and Bhiwandi, Nanded and Nagpur.

 

Small-Scale Industries: Project Opportunities in Maharashtra

 

PROFILE:

Small Scale Industries may sound small but actually plays a very important part in the overall growth of an economy. Small Scale Industries can be characterized by the unique feature of labour intensiveness. The small scale industries sector plays a vital role in the growth of the country. It contributes almost 40% of the gross industrial value added in the Indian economy. It has been estimated that a million Rs. of investment in fixed assets in the small scale sector produces 4.62 million worth of goods or services with an approximate value addition of ten percentage points. The small-scale sector has grown rapidly over the years. The growth rates during the various plan periods have been very impressive.

 

 

 

RESOURCES:

The Maharashtra Small Scale Industries Development Corporation Ltd., popularly known as MSSIDC, was established with a view to giving a new orientation and strength to the development of Small Scale Industries in the State of Maharashtra. The main objective of MSSIDC is to aid, counsel, assist, finance, protect and promote the interests of Small Industries. The Corporation renders assistance to approximately 30000 SSI units in the State. MSSIDC plays a vital role in revival, development and growth of traditional handicrafts of Maharashtra by responding to the diversified need s of rural artisans and marketing their products in India as well as abroad. Over the years, MSSIDC has grown to become India's leading Small Scale Industries Development Corporation, continuously responding to the expanding and diversified needs of Small Scale Industries, Village and Cottage Industries, providing support services like Training and Entrepreneurship Development Programme.

GOVERNMENT POLICIES:

The Policy for Small Enterprises aims to create a congenial atmosphere conducive to the healthy growth of the Small Scale Sector in the State. The broad policy objectives are enumerated below:

·         To achieve an annual growth rate of 15%.

·         To assist the small scale industries in the State to become competitive, domestically as well as internationally.

·         To increase employment generation - particularly by promoting the labour intensive segments.

·         To improve the export performance of the SSI sector by providing adequate support services.

·         To create a more congenial and hassle-free environment for the functioning of the SSI sector

·         To help the SSI sector acquire new technologies and skills so as to compete effectively in the market place.

·         To promote appropriate linkages between the large and small scale sectors in the interest of harmonious industrial development.

·         To strive to promote an appropriate institutional mechanism to revive sick industries

·         To encourage SSI units to grow vertically and graduate, in the course of time, from small scale to medium and large scale unit.

 

 

 

Information Technology Industry: Project Opportunities in Maharashtra

PROFILE:

Information Technology (IT) industry in India is one of the fastest growing industries. Indian IT industry has built up valuable brand equity for itself in the global markets. The Information technology industry in India has gained a brand identity as a knowledge economy due to its IT and ITES sector. The IT–ITES industry has two major components: IT Services and business process outsourcing (BPO). The growth in the service sector in India has been led by the IT–ITES sector, contributing substantially to increase in GDP, employment, and exports. The sector has increased its contribution to India's GDP from 6.1% in 2009-10 to 6.4% in 2010-11. India is a preferred destination for companies looking to offshore their IT and back-office functions. It also retains its low-cost advantage and is a financially attractive location when viewed in combination with the business environment it offers and the availability of skilled people.

RESOURCES:

Considering Maharashtra’s strengths in terms of human resources, connectivity and infrastructure, and the special significance of Information Technology (IT) for generating employment, increasing efficiency and improving the quality of life, the State Government announced its first IT Policy in 1998. It was followed by the IT and IT Enabled Services (ITES) Policy in 2003 which provided comprehensive support for the further development of this sector in Maharashtra. Information technology (IT) sector in tier two cities like Nagpur, Aurangabad and Nashik are any indication, Maharashtra is all set to emerge as the next IT hub, after Bangalore and Hyderabad. So far, the growth of IT industry in the state has been concentrated in the Pune-Mumbai stretch. However, with the new focus in place, tier two cities are expected to mushroom as key IT centres.

 

GOVERNMENT POLICIES:

Government of Maharashtra has been supporting development of industry and business through a series of far-reaching policy initiatives. The Information Technology industry has been an important thrust area and has been receiving government support. During the last five years, the Government focussed on HRD, IT related infrastructure, fiscal incentives to IT units, IT in Governance and Institutional Framework for the IT sector.  These initiatives have enabled the IT industry in the State to establish an initial lead and a firm foundation for a quantum leap has been laid. Exports of software and ITES from the State presently account for about 20% share of the country’s exports.  These exports have registered an annual growth of more than 30% during the last four years. The whole State has been connected through an Optical Fibre Cable Network and a state wide network of competent training institutions has been established for building a pool of world-class IT professionals for providing strength and support to the IT industry in the State.

 

Biotechnology industry: Project Opportunities in Maharashtra

 

PROFILE:

Biotechnology deals with living systems, including plants, animals and microbes. Biotechnology derives its strength by harnessing biological processes that sustain life. It incorporates any technique, which uses living organisms, parts of organisms and enzymes, proteins, etc., which are either naturally occurring or are derived from such living systems. Such techniques can be used to make or modify the products, improve plant or animal productivity or develop microorganisms for special use. Emerging Biotechnology uses recombinant DNA, cell fusion, embryo manipulation, etc. Biotechnology has the potential to transform the lives of the people in the State by impacting hugely on agriculture, animal husbandry, health, environmental protection, material transformation, etc. Further, Maharashtra has the potential to become a leader in Biotechnology, not only in the country but also in the entire world.

RESOURCES:

The State has an excellent intellectual infrastructure. Through nearly 1000 institutions, it produces around 163,000 trained technical personnel each year. The State has already set up specialised parks for different sections including IT. The bio-industrial enterprises cannot sustain themselves unless they are backed up by a highly trained and skilled human resource. Some of the best Centres of excellence in India that are present in Maharashtra do precisely that. These include the Bhabha Atomic Research Centre, Indian Institute of Technology, Tata Institute of Fundamental Research, University Department of Chemical Technology, and the Cancer Research Institute, all at Mumbai. The Animal Diseases Investigations Laboratory, Pune involved in diagnosis and research of animal diseases, especially in four States of the Western region of the country, has been recognised as reference laboratory by Government of India. New forward looking initiatives in providing specialized education in Biotechnology have already begun to emerge. A number of defence research establishments in the State have been engaged in conducting cutting edge research in Biomedicals, Bioinformatics and Biotechnology.

GOVERNMENT POLICIES:

Maharashtra government is trying to develop biotech industry in the state in order to help to develop affordable and more cost effective drugs and devices to counter diseases common to India and to tropical and sub-tropical areas to reduce the disease burden. To lead the biotechnology industry in the State to a growth path from where it can become globally competitive, the following steps would be taken:

• Providing the appropriate policy framework which will smoothen its path;

• Providing adequate infrastructure, especially in the form of Biotechnology Parks

• Providing an appropriate package of incentives

• Developing a world-class higher education and research base to serve the needs of a growing Biotechnology industry and for creating high quality employment in the State

• Creating supporting institutions for the Biotechnology industry for  the development of human resource as well as for the applications of Biotechnology

• Simplifying the application of labour and other laws and procedures to accelerate the development and growth of the biotechnology industry

• Facilitating new ventures and innovations

 

Waste management: Project Opportunities in Maharashtra

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:

There are 250 urban local bodies (ULBs) in Maharashtra which comprises 23 Municipal Corporations, 220 Municipal Councils, 3 Cantonment Boards and 4 Nagar Pachayats. Per capita MSW generation in various towns of the state ranges 100 to 600 gram per day.  For class I cities in Maharashtra, the waste generation rates are in the range of 14 to 63 kg per capita per day, which includes Mumbai having the highest range of 0.63 kg per capita per day (pcpd). The average waste generation rate for the state is estimated as 35 kg pcpd.  As per the projection, the waste quantities are estimated to increase from 6.18 million tons per year in the year 2004 to 8.05 million tons per year in 2011 and 11.77 million tons per year in 2021. In total over 21632.3 tons per day (TPD) of MSW is generated of which around 50% is generated in Mumbai (8500 TPD), Thane (680 TPD), Pune (1740 TPD) and Kalyan (1050 TPD). Compare to other Metropolitan cities in India, MSW generation is highest in Mumbai.  Available data indicates that Waste generated in Maharashtra contains about 55% of Non-biodegradable and 45% biodegradable components. 

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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Medical Devices & Disposables Industry in India (Disposable Plastic Syringes, Disposable Mask & Gloves, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets and Other Devices) Market Analysis, Trends & Opportunities, Growth Drivers, SWOT Analysis

Medical Devices & Disposables Industry in India (Disposable Plastic Syringes, Disposable Mask & Gloves, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets and Other Devices) Market Analysis, Trends & Opportunities, Growth Drivers, SWOT Analysis, Industry Size, Outlook and Forecasts Up to 2023 The market research report titled ‘‘Medical Devices Industry in India (Disposable Plastic Syringes, Disposable Mask & Gloves, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets and Other Devices) Market Analysis, Trends & Opportunities, Growth Drivers, SWOT Analysis, Industry Size, Outlook and Forecasts Upto 2023’’ released by Niir Project Consultancy Services, provides a comprehensive analysis of Indian medical devices industry. The report begins by giving an overview of the global medical device industry mentioning the global market size of the industry. It further moves to analyse the Indian scenario by citing information like structure and classification of the sector. Despite a high demand for medical devices, India depends heavily on imports of devices to meet domestic demand. It imports ~80% of the devices required. The last few years have seen an increase in domestic manufacturing of medical equipment backed by strong governmental support. Related Projects: - Surgical, Medical Plastics, Medical Disposables, Disposable Medical Products used in Hospitals The report analyses the medical devices sector in profundity by covering data points like industry growth drivers, emerging trends coupled with SWOT analysis of the market and the regulatory framework. The report scrutinizes the potential of the sector by way of measuring its growth drivers. Indian medical device industry is poised for significant growth in coming years backed by factors like booming medical tourism, rising health awareness among Indian populace, growing incidence of lifestyle diseases and the growth of healthcare services in India. Indian medical device industry though dominated by imports has immense potential for growth for industry players to tap. Growing health insurance sector in the country is a key indicator of rising health awareness among Indians. Although India remains as one of the least insured nations in the world, the health insurance penetration is rising gradually. Rising disposable household income, awareness around health and rising lifestyle ailments plaguing Indians are some of the causes driving the demand for medical devices in the country. Indian medical devices industry has been in the limelight recently due to increased government focus on encouraging the domestic production in the industry. Indian government has announced a heavy package over various schemes to uplift the industry. Related Books: - Disposable Products (Medical, Surgical, Thermocol, Plastic, Paper, Domestic And General Products) Some of the trends hitting the sector are rising usage of home care devices, remote patient monitoring devices, unprecedented demand for disposables and use of refurbished equipment. India has been experiencing winds of change with the changing cultural attitudes and the millennial consumer. High levels of stress lack of work-life balance and growing need for real time monitoring are some contributing factors to a mounting demand for home healthcare. Also, due to current COVID-19 pandemic situation, India has seen unprecedented growth in the demand and usage of medical disposables such as face masks and gloves. To encourage the domestic production of medical devices in the country, government has announced various schemes supporting the growth of the sector. Related Videos: - Industrial, Medical and Specialty Gases Manufacturing Project Ideas The report further scrutinizes the industry with the help of SWOT Analysis. Growing Indian population, favourable demographics and recession proof nature of the industry are some of the strengths of the industry. Indian population has been growing at a steady rate which ensures stable demand for medical devices in India. The growth of the healthcare sector in the last decade has been phenomenal majorly driven by Indian demographics, rising incomes, growing health awareness and increased government focus on improving healthcare situation in India. Medical devices industry constitutes ~4-5% of the overall healthcare industry and is a direct beneficiary of any growth in the healthcare sector. Similarly, change in the Indian demographic situation is another positive factor for the industry’s growth. Indian market offers immense opportunities for sector to tap in terms of rising incomes, escalating government spending on healthcare and low penetration of medical devices in the country. The medical device penetration in India is extremely low which serves as a massive opportunity for the device companies. Plan outlay for healthcare sector has increased from INR 500 billion in 2017-18 to INR 690 billion in 2020-21. Such increased government focus on healthcare puts Indian medical devices industry in a sweet spot. Industry faces challenges from stiff competition from the existing players and also from heavy dependency of industry on imports. The industry although being a high potential industry is bogged down by its high capital requirements. Indian medical device industry is capital intensive by nature and setting up a manufacturing plant requires significant investment. Indian medical device industry, being a part of healthcare industry, is plagued by all the challenges and weaknesses of its giant mother industry. The healthcare situation in India is not very encouraging when compared to other parts of the world and it remains one of the biggest challenges for the Indian medical device industry. Even though India offers the most affordable healthcare services globally, yet the treatment for its own population remains inaccessible and unaffordable to quite an extent. The report further expounds the domestic demand/supply situation of the industry along with the international trade scenario. Indian imports of medical devices have been growing at a CAGR of ~13% during 2016-20. Indian exports of medical devices grew from INR 82 billion in 2016 to INR 127 billion in 2019, thus registering a CAGR of over 15% during this time. The report further provides financial information of the key players in the segment. Indian medical devices industry, though small, has been growing tremendously in the past few years. Favourable Indian demographics, rising incomes coupled with encouraging government initiatives and rising disease patterns in the country augurs well for the industry as a whole. India, with its large population base and increasing health awareness among its populace, offers a valuable and incomparable opportunity for the medical devices segment. Indian medical device industry is poised for significant growth in coming years. The market size of the Indian medical device industry stood at INR 339 billion in 2017 and is expected to reach new levels by 2023. Key Words: Medical Devices Industry ,disposable Plastic Syringes, Disposable Mask & Gloves, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets, surgical devices, surgical gloves, import, export, healthcare sector, healthcare services, hospital sector, medical tourism, homecare devices, medtech devices, public spending, healthcare penetration, recession proof, The Medical Devices (Amendment) Rules 2020, CDSCO, DCGI, CDA, ventilators, PPE coveralls, PPE kits, Production Linked Incentive (PLI) Scheme, Promotion of Medical Device Parks, hospital beds, cancer incidents, diabetes patients, lifestyle diseases, health insurance premium, health insurance penetration, health awareness, medical tourists, favorable demographics, Urbanization, market outlook, Diagnostic imaging, disposables, IV Diagnostics, Dental products, orthopaedic & Prosthetics, Patient Aids, HINDUSTAN SYRINGES & MEDICAL DEVICES LTD, Opto Circuits, Wipro GE Healthcare, Market Research Reports, India and Global Industry Analysis ,Market Trends, Market Insight, Market structure, Market outlook Indian Industry Size, Share, Trends, Analysis and Forecasts report, sector Growth Driver, company profiles, key financials, ratios #Healthcare #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #businessestostart #startupideas #businessstartupindia #MarketReseach #businessplans #projectconsultancy #BusinessFeasibilityStudies #technologyindustry #businessplanning
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Most Successful Business Ideas of A4 and A3 Size Paper

Most Successful Business Ideas of A4 and A3 Size Paper. Investment Opportunities in Paper Industry. Paper is one of the most important and widely used consumer materials with an endless ability to be transformed. It is writing paper, paper used for printing. The growth of the paper industry in emerging economies and advantages associated with the use of uncoated sheet paper are driving the market growth. Cut size uncoated free sheet paper is a type of graphic paper manufactured using about 90.0% chemical pulp and 10.0% mechanical pulp. The product is available in the form of rectangular sheets in three sizes: 210 mm x 297 mm (A4), 297 mm x 420 mm (A3), and 215 mm x 345 mm (legal). Related Projects: - Stationery, Stationery Products, School Stationery, Office Stationery, A4 Copier Paper Copier paper is a type of an uncoated free sheet grade paper that is utilized for regular copying and printing needs. In comparison to printing papers, the copier papers are light weight and more affordable, As a result, both the type of papers are used interchangeably. The global copier paper market is classified as per the paper size, thickness, end use, and material type. On the basis of paper size, A4 size paper accounts for the highest market share in global copier paper market. This is credited to the high utilization in consumer printing and commercial sectors, both. A/4 size copier paper holds the most market share in the global copier paper market, owing to high usage in consumer printing and in commercial sectors. The copier paper are created by either recycled pulp or virgin pulp. As per the paper thickness, 50-80 GSM copier paper segment is leading the market because it gives appropriate level of brightness in addition to ensures proper print. Related Videos: - Packaging Industry, Food Packaging, Paper, Beverage Can, Bottles, Carton, Plastic Bottles, Corrugated Boxes, Aseptic, Flexible, Rigid Plastic, Glass A4 is a paper size that is used for a wide range of documents, including magazines, catalogs, letters and forms. A4 paper is the size most used in the world. It is used as the classic paper sheet in all industrialized countries. Today, it is used for all printing documents, letters, magazines, forms, bit notice, posters, catalogues, magazines, In Engineering A4 size paper is the mostly used as hard copy of drawing or document in a handy way. It can be found in everyday life. Uses 70gsm to 100gsm Non-Coated – These are normal printer papers commonly referred to as copy paper. They are used to print documents in which there is no or little use of graphics. They certainly do not support high res image printing. 120gsm to 150gsm Inkjet Matt Coated – A3 papers of this size are often used for brochures as when folded they equal two A4 sheets. However, the lighter weight options are also used for proofing an image or a design by allowing the insertion of comments around the print (in A3+) and for presentation in the business world, these are also uses for printing graphics and charts when basic graphics are required. Related Videos: - Paper Industry, Paper & Paper Board, Paper Bags, Cups, Tube, Disposable Paper Products, Kraft Paper, News Print, Corrugated Board, Hand Made Paper 150gsm to 200gsm Inkjet Matt, Satin and Gloss – These are used for basic photography printing and higher quality brochure papers. 200gsm and up Inkjet Matt, Satin, Luster and Gloss– Photographs that have some sort of keepsake element are almost always printed on heavier paper. Together with a suitable premium coating (coating is unrelated to the weight of the paper), they feel luxurious and special. A4 size invitation cards can be created to support high quality image when the A3 photo paper is folded. Applications A3 size paper is used to print drawings, artwork, posters, photos, magazines, musical scores, certificates and more. It’s also the perfect format for promotional leaflets (folded 6 ways): its generous size allows you to present a map of a convention centre or a many-branched diagram. A4 is not only used as printing stationery in printer or copier from output of a page on computer. It is also used as international size for all sort of documents, like letters, forms, bit notice, posters, catalogues, magazines, In Engineering A4 size paper is the mostly used as hard copy of drawing or document in a handy way. Related Books: - Packaging Industry, Beverage Can, Bottles, Blister Packs, Carton, Bags, Plastic The innovative way of using A4 can be used make utility articles like pen stand, origami toys, greeting cards, flyers, picture frames, paper flowers on recycling and so on. A4 is the classic paper size for printers and as such it is used for standard documents from letters to forms. It’s the format of school notepads, children’s books, encyclopedias (which need more space for illustrations), magazines and leaflets. Indeed, the classic leaflet format is an A4 sheet folded in three. Market Outlook The global Copier Paper market, which accrued revenue worth 14,493.18 (USD Million) in 2019, will register a CAGR of nearly 1.5% during the period from 2020 to 2026. The report offers assessment and analysis of the Copier Paper market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, sales estimates, opportunities, evolving trends, and industry-validated data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Million). Emerging economies are probably to offer new growth avenue for the copier paper business over the forecast timespan. In addition, use of copier paper in education sector is one amongst the most factors influencing the growth of the market over the forecast timespan. In addition to the current, the utility of copier paper in African countries is rising within the current years and this can be anticipated to steer the growth of copier paper business over the forecast timespan. Related Projects: - Paper Industry, Paper & Paper Board, Paper & Allied Products, Paper Bags Furthermore, surge within the number of students has culminated into huge demand for writing & copying papers for storing the information. This, in turn, has transformed into huge want for copier papers within the recent years. Growing demand for the product in Middle East and Latin American countries can provide impetus to the growth of the copier paper market over the forecast timespan. Related Books: - Paper and Pulp Production Technology Rising economies are displaying high growth possibilities for the copier paper market. In those countries, the per capita financial gain of paper is comparatively low as compared with the worldwide average. The input of copier paper is appreciably high within the entire paper consumption. Moreover, the usage of copier paper in educational sector is another major issue propelling the growth of copier paper market. This is often because of rising variety of scholars that calls for writing and copying papers to store their knowledge. Besides, usage of copying papers in government offices for the purpose of writing or printing data is calculable to boost the demand regarding the copier paper.
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Return: 1.00%Break even: N/A
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Disposable Nitrile Gloves (Powder Free)

Nitrile gloves are a type of disposable gloves made from synthetic rubber, this means there is no risk of latex allergies. They are the most popular gloves type in our range and offer superior strength, dexterity and resistance to oils and aqueous chemicals in comparison to vinyl or latex. For these reasons, they are often used in the medical, laboratory and manufacturing industries. Nitrile gloves are a great compromise between latex and vinyl. Our Blue Nitrile gloves offer protection from bodily fluids providing a barrier that prevents infection, cross-infection or cross-contamination. Tests revealed that Nitrile gloves are three times more puncture-resistant than rubber gloves. Nitrile gloves protect the wear from a range of chemicals and blood borne pathogens. Our Nitrile Gloves go through an extra process of chlorinating which ease donning. Made from allergy safe compound that feels like latex, but stronger, cheaper and more comfortable. Nitrile exam gloves are the material of choice for many professional users because of its cut resistance, chemical resistance, cost, allergy safe and cleanliness. Indian glove market is growing at 15% while the demand for examination gloves has been rising by 20%per annum. St Mary’s is the largest supplier of centrifugal latex under the brand Cenex, a crucial raw material for manufacturing rubber dipped goods like gloves, balloons, condoms and rubber bands Impact of COVID-19 Impact of COVID-19 on the Worldwide Disposable Gloves Industry to 2025 The global disposable gloves market is highly competitive. Innovations, sustainability, and regulatory adherence constitute three pillars for the disposable gloves market success. Factors such as the growth in the aging population, awareness of infection prevention standards, and expansion of healthcare infrastructure are the major factors contributing to market growth. However, growth in medical tourism, advancement in surgical techniques and medical equipment, increase in public and private investments and government initiatives, the onset of pandemic diseases, and the rise in chronic diseases are other drivers stimulating the demand for disposable gloves. The demand for medical gloves has surged up rapidly in countries such as the UK, China, the US, India, Iran, and Italy due to the outbreak of the COVID-19 pandemic. The disease has increased the importance of hygiene among individuals. The market landscape of disposable gloves, which are fast turning into retail commodities, is expected to be accelerated. When a person touches an object/surface contaminated by COVID-19 infected person, and then touches his own eyes, nose, or mouth, he may get exposed to the virus. Although this is not thought to be a predominant mode of transmission, care should be exercised while handling objects/surface potentially contaminated by suspect/confirmed cases of COVID-19. India disposable gloves market generated $303 million in 2017, and is projected to reach $760 million by 2025, growing at a CAGR of 12.4% from 2018 to 2025. In terms of volume, the market is growing at a CAGR of 8.3% from 2018 to 2025. Few Indian major players are as under Honeywell International (India) Pvt. Ltd. London Rubber India Ltd. Mallcom (India) Ltd. Sara Healthcare Pvt. Ltd. T T K Biomed Ltd. Wellness Forever Medicare Pvt. Ltd.
Plant capacity: Disposable Nitrile Gloves (Powder Free) : 500,000.0 Pcs. / dayPlant & machinery: Rs 1321 lakhs
Working capital: -T.C.I: Cost of Project : Rs 2925 lakhs
Return: 30.00%Break even: 45.00%
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Business Ideas of L-ASCORBIC ACID (PLAIN)

Business Ideas of L-ASCORBIC ACID (PLAIN). Profitable Business Investment in Chemical Industry. L-Ascorbic acid may be a versatile water soluble radical scavenger widely distributed in aerobic organisms that plays a central role within the protection of cellular components against oxidative harm by free radicals and oxidants that are involved in the development and exacerbation of a large number of chronic diseases similar to cancer, heart disease, brain dysfunction, aging, rheumatism, inflammation, stroke, emphysema, and AIDS. Ascorbic acid (vitamin C) occurs naturally in foods similar to citrus, tomatoes, potatoes, and ivied vegetables. Vitamin c is very important for bones and connective tissues, muscles, and blood vessels. Vitamin c also helps the body absorb iron that is required for red blood corpuscle production. Related Projects:- Chemicals (Organic, Inorganic, Industrial) Projects That is why ascorbic acid content of foodstuffs and beverages represents a relevant indicator of quality that has got to be carefully monitored, concerning its variation during producing and storage. Ascorbic acid is a labile substance, as it is easily degraded by enzymes and atmospheric oxygen. Its oxidation can be accelerated by excessive heat, light, and heavy metal captions Benefits L-ascorbic acid or L-ascorbate is a vital nutrient for many animals, including humans. It is an antioxidant which protects the body against oxidative stress. An antioxidant is a molecule that can inhibit the oxidation of other molecules. Oxidation reactions produce free radicals which can start chain reactions that damage cells. It is also a cofactor in 8 enzymatic reactions. An organic compound - vitamin C is an organic compound, so are the other vitamins. This means it contains the elements carbon and oxygen and is a substance that exists in living things. Collagen - vitamin C is involved in the production of collagen. Collagen is the main component of connective tissue and the most abundant protein in mammals. Experts say that 1% to 2% of muscle tissue is collagen. Collagen is a vital and abundant component of fibrous tissues, such as tendon, ligament, skin, cornea, cartilage, bone, the gut, and blood vessels. Healing - vitamin C plays a significant role in the healing of wounds, cuts and grazes. Infections - individuals with adequate levels of vitamin C are better able to fight off infections compared to people with vitamin C deficiency. Cancer protection - vitamin C slows down the conversion of irritants into cancer-causing substances. Examples of irritants include tobacco smoke, smog, and some substances found in foods. Cardiovascular benefits - experts believe vitamin C widens the blood vessels, protecting us from developing hypertension (high blood pressure) and heart disease. Cholesterol -individuals with adequate levels of vitamin C have better cholesterol level control compared to others. Related Projects: - Chemicals, Biotechnology, Enzymes, Bio Fertilizer, Vermiculture, Vermicompost Chemical & Allied Industries and Alcohol Projects Scurvy - if you consume plenty of vitamin C you will not get scurvy, a disease that causes swollen joints, bleeding gums, loose teeth, anemia and tiredness. Scurvy used to be a problem among ship crews many years ago because of a lack of fruit and vegetable consumption. Today scurvy is uncommon. Eyes - vitamin C lowers the risk of cataracts. Diabetes patients - individuals with diabetes who eat plenty of vitamin C rich fruit and vegetables are less likely to experience deterioration of the kidneys, eyes and nerves. Food Processing- Ascorbic acid (vitamin C) is used extensively in the food industry, not only for its nutritional value but for its many functional contributions to product quality. Acting as an antioxidant, ascorbic acid can improve the color and palatability of many kinds of food products. Market Outlook The global ascorbic acid market is expected to witness growth over the forecast amount because of increasing demand from end-use industries as well as food & drinkable, prescription drugs, chemicals, care, and cosmetics. In addition, growing demand for potassium, calcium, and sodium salts of ascorbic acid or vitamin C as an antioxidant food additive is expected to drive the market over following six years. However, unsure raw material provide and ensuing price fluctuations are anticipated to hamper the market growth. What is more, wide acceptance of ascorbic acid within the food and feed business as a preservative is expected to act as a market restraint over the forecast period. R&D by major business participants alongside technological developments in medical industry is poised to form growth avenues for the ascorbic acid market. Significant growth in dietetic & diabetic population as well as up living standards and rising health awareness are anticipated to create further market opportunities over the forecast period. Related Books: - Chemical Technology (Organic, Inorganic, Industrial), Fine Chemicals Two grades of ascorbic acid are available in the market, viz. food &pharmaceutical and industrial. On the basis of application, the global ascorbic acid market has been segmented into six segments – food & beverage, pharmaceutical, chemical, personal care, agriculture and others. The global ascorbic acid market is estimated to create an incremental $ opportunity US$ 667.6 MN during the forecast, registering a CAGR of 5.1% over 2018-2028. Ascorbic acid also plays a pivotal role in several other commercial applications. Ascorbic acid is also used in bakeries, water treatments plants and beverages. Ascorbic acid helps extend the shelf life of breads by strengthening gluten, aiding higher tenderness and finer crumb, reduction of crust thickness, etc. Ascorbic acid also prevents oxidation during meat and organic fruit juice production. This is essential use for meat and fruit supplier as many supermarkets do not purchase produce that has turned brown. Ascorbic acid is increasingly being used for its ability to separate chlorine from water supply. Ascorbic acid combined with sodium ascorbate can clean chlorine polluted water and make it safe to release back into streams. Superior Functional Attributes of Ascorbic Acid to Propel Market Growth The global ascorbic acid market is expected to witness lucrative growth in the coming years, owing to the significant demand from numerous end-use industries such as chemical, food & beverage, cosmetics, agriculture, pharmaceutical, and others. Shifting preferences towards healthy foods, including nutrition supplements, have been contributing to the growing prominence of vitamin C/ascorbic acid in numerous applications, such as in skin products, healing injuries and prevention of infections and to improve the absorption of iron from food, reduce the risk of chronic diseases, enhance immune health, and control blood pressure. Related Videos:- Chemicals (Organic, Inorganic, Industrial) Additionally, ascorbic acid is required for the growth, development, and repair of all body tissues and to carry out body functions such as the creation of collagen and maintenance of cartilages, bones and teeth. As per health expert recommendations, ascorbic acid is considered as one of the safest and most beneficial nutrients, which in turn is expected to drive the global ascorbic acid market with a healthy growth rate during the forecast period. For instance, according to the American Journal of Clinical Nutrition, those with the highest concentration of ascorbic acid in their blood were associated with a 42% lower stroke risk as compared to those with the lowest concentration. Market participants are emphasizing on strategies, such as mergers, expansion, acquisitions, and the introduction of innovative products, to fulfil the high demand from end-use markets. Such strategies across the competitive landscape form a notable trend in the global ascorbic acid market. Global Ascorbic Acid Market Segmentation The global ascorbic acid market can be segmented on the basis of grade, application, and region. On the basis of product grade, the global ascorbic acid market can be segmented into two segments – industrial and food & pharmaceutical. On the basis of application, the global ascorbic acid market can be segmented into six segments – food & beverage, pharmaceutical, chemical, personal care, agriculture, and others. The food & beverage segment is expected to grow with a CAGR of 4.9% during the forecast period (2018–2028). Related Videos: - Production of Vitamin C (Ascorbic Acid). L-Ascorbic Acid Manufacturing Business The global ascorbic acid market is estimated to register a significant growth rate in the near future. South Asia is estimated to be a prominent region in terms of both volume and value share in the global ascorbic acid market. China and India are major consumers in the ascorbic acid market due to the presence of a number of small-sized manufacturing players, especially, chemical, pharmaceutical, and food industries. Developed markets, including Europe and North America, are anticipated to hold a collective revenue share of around a fourth of the market value in the global ascorbic acid landscape through 2028. Key Players:- Ambalal Sarabhai Enterprises Ltd. Jayant Vitamins Ltd. Romeda Chemicals Ltd. Synbiotics Ltd. Koninklijke DSM N.V. Northeast Pharmaceutical Group Co., Ltd. Bactolac Pharmaceutical Inc Merck KGaA Koninklijke DSM N.V. Northeast Pharmaceutical Group Shandong Luwei Pharmaceutical Foodchem International Corporation Tags:- #vitaminc #ascorbicacid #SodiumAscorbate #chemicalindustry #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #businessestostart #startupideas
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Return: 1.00%Break even: N/A
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Business Ideas for Groundnut Oil Production and Refining

Business Ideas for Groundnut Oil Production and Refining. Profitable Investment in Edible Oil Industry. Peanut oil, also called by the name of rachis oil or groundnut oil, is an edible vegetable oil extracted from peanuts. A widely used cooking oil in South Asian and Southeast countries, it is also popular in the western world. This all-purpose oil is known for its distinctive aroma, mild flavour and taste of its parent legume. Its high heat tolerance and high smoke point 450 degrees F (232.22 C), make it suitable for deep-frying and sautéing. Peanut oil is also a healthy oil for everyday use because it is high in monounsaturated and polyunsaturated fat. Peanut oil, also referred to as groundnut oil or rachis oil, is a vegetable-derived oil made from the edible seeds of the peanut plant. Peanut oil, also known by other names such as groundnut oil and rachis oil, is a type of vegetable oil commonly used in cooking that is derived from peanuts. It comes in a number of varieties, including refined, unrefined, roasted, and cold-pressed, which have slight differences in their nutritional value and health benefits. Generally, people use peanut oil in their cooking for the interesting flavor that it gives, particularly the roasted variety, as well as the fact that it is healthier than many types of oil. Related Projects: - Edible Oils Projects Benefits of Groundnut Oil Improves Insulin Sensitivity Helps in Hair Growth Lowers the Signs of Ageing Prevents Arthritis Lowers the Risk of Cancer Groundnut oil is a great source of vitamin E. Hydrates the Lips Prevents Acne Keeps Blood Pressure Levels under Control Improves Blood Circulation No Cholesterol Characteristic Antioxidant Content Cooking With Groundnut Oil Groundnut Oil is high in Vitamin E How to Start a Groundnut Oil Processing Business? Cooking oil is an important and essential item in the FMCG sector. An average Indian consumes 15 Kg of oil in a year. Compared to other oils like sunflower oil, cottonseed oil, and soy oil, groundnut oil has more nutritional value. In addition to cooking, groundnut oil is used in the bakery and confectionery industry. Groundnut oil is used in soaps, salad oils, mayonnaise, etc. Groundnut oil is expensive compared to other oils. It has more vitamins, minerals, nutritional value and low levels of cholesterol. It is also suitable edible oil for Indian cooking. In India, groundnut is cultivated in 5.8 million hectares. Gujarat is the highest producer of groundnut oil in India. Groundnut seed contains 50-55% of the oil. It is one of the best oil seeds to extract oil from. Groundnut Oil Production License & Registration In establishing a groundnut oil production unit, you will need to obtain several different license and registration from different Government authority. Company Registration with ROC Trade License SSI Registration Factory License Food Operator License BIS Certification ‘No Objection’ from Pollution Control Board AGMARK Certification Fire License The Food Standards and Safety Rules, 2011, and rules made under IS 544: 1968 permit additions of antioxidants in groundnut oil for a higher shelf life of the oil. However, under the scheme of labeling of environment-friendly products, the presence of antioxidants within a prescribed limit is a requirement as per notification of the Ministry of Environment and Forests. These are the common license and certification requirement. Check with your local DIC authority about any other required formalities. GROUNDNUT OIL PRODUCTION PROCESS Over 85% of the oil from the seed is extracted using the mechanical press. Groundnut undergoes many processes to produce most of its oil content. Following is the groundnut oil extraction process: Storage ? Cleaning ? Dehulling ? grinding or rolling ? Heating ? Pressing ? Refining ? Packaging. 1. Cleaning:- Clean the ground nuts properly to remove, dirt, sand, and spoilt seeds. Use dry screening to remove all over or undersized seeds. 2. Dehulling:- The outer seed coat of groundnut is removed by a power-operated dehuller. Outer seed coat does not contain oil and hence is removed to avoid junk in oil cake. 3. Grinding or rolling:- Oil extraction is maximum with smaller particles. Grinding reduces the seed size. Rolling the seeds produces flakes. Large oil mills might use both grinding and rolling to extract maximum oil. 4. Heating:- Heating increases oil yield. It kills the enzymes that deteriorate oil quality. 5. Pressing:- Pressing the processed seeds using a lever press, mechanical expeller or hydraulic press separates the oil. 6. Refining:- The extracted oil is further refined to remove dust or dirt. Refining adds great value to the oil. Related Projects:- Edible Oils, Non Edible Oils, Fats, Vegetable Fats and Oils, Corn Oil, Cooking Oils, Rice Bran Oil, Castor Oil, Sesame Oil, Linseed Oil, Vanaspati Ghee Projects Market Outlook The market for cooking oils is a crowded place with a high level of competition and minimal unique functionality. This competition is due to the high and consistent use of several other vegetable oils and introduction of new and unique oils every year. The emergence of soybean oil, for instance, is cited as an important reason for the decline in the use of peanut and other vegetable oils. The impact of new oils is particularly strong in developed regions as consumers belonging to these regions have access and purchasing power to buy these new products. The other important factor that governs the growth of peanut oil market is the extent to which peanuts are used for direct consumption and for processing. It is estimated that the share of peanuts used for direct consumption will increase in the coming years. The functional properties offered by peanut oil are an important factor driving the market. Peanut oil is particularly suited for deep-frying purposes as it does not absorb the flavor of the underlying food products. It is also a relatively healthy oil due to a low percentage of saturated fats, trans-fats, and cholesterol. These factors are important in the context of the increasing health awareness among consumers. The nutty flavor offered by peanut oil is also an important factor that influences peanut oils to be used as a dressing and flavoring agent. The market for cooking oils is a crowded place with a high level of competition and minimal unique functionality. This competition is due to the high and consistent use of several other vegetable oils and introduction of new and unique oils every year. The emergence of soybean oil, for instance, is cited as an important reason for the decline in the use of peanut and other vegetable oils. The impact of new oils is particularly strong in developed regions as consumers belonging to these regions have access and purchasing power to buy these new products. Global peanut oil market is set to witness a steady CAGR of 4.25% in the forecast period of 2019- 2026. Top Global Markets to Export Groundnut Oil from India in 2019-20 During the year 2019-20, Indian exporters nearly exported 56.47 USD Million of Groundnut Oil to the top global markets. India's Groundnut Oil export volume to Viet Nam is around 130611080, which holds the top position with the share of 62.2% of the total quantity. With the quantity of 5806570, USA takes runner up position in the global importers of Groundnut Oil. The total quantity of Groundnut Oil export to the top 5 countries is 179922530. Key Players ADM, Bunge, Cargill, Wilmar International, Corbion, Shandong Luhua, Cofco, Amanah Oil, Ventura Foods, Yihai Kerry, Longda, Qingdao Changsheng, Shangdong Jinsheng, Shandong Bohi Industry, Xiamen Zhongsheng, Hunan Jinlong, Sanhe hopefull, Dalian Huanong, Shandong Sanwei, Qingdao Tianxiang Tags: - #GroundnutOil #PeanutOil #OrganicGroundnutOil #groundnutoilproduction #edibleoil #edibleoils #agribusiness #edibleoilbusiness #edibleoilindustry #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #feasibilityReport #projectreport
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Return: 1.00%Break even: N/A
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Production of Plastic Toys

Production of Plastic Toys. Fast-Growing Kids Toys Industry to Consider when Starting a Business. A toy is an item that's employed in play, particularly one designed for such use. Playing with toys is a pleasant means that of training young kids always in society. Totally different materials like wood, clay, paper, and plastic are used to create toys. Several items are designed to function toys, however merchandise produced for different functions also can be used. For example, a tiny low child might fold an ordinary piece of paper into an airplane form and "fly it". Newer kinds of toys include interactive digital entertainment. Some toys are produced primarily as collectors' things and are intended for show solely. Types of Plastic Toy Molds Plastic toy plays a leading role in the toy market, and their production use almost all plastic molding processes. The most common plastic toy molds are in the following categories: Injection mold: it's the foremost widely utilized in toy production. It’s the characteristics of high product quality, stable size, smart end and high production efficiency. It’s applied to a flirt with prime quality requirements, several assembly components, thick wall thickness and large batch size. Hollow mold: it's specially applied to production of hollow toy products with complex shapes, large wall thickness and huge size, and low dimensional accuracy. Electroforming mold: it's a highly simulated outer surface because it is directly electroformed in step with actual material, so even skin pores is perfectly displayed. It’s notably suitable for production of head, torso and limbs on the toy dolls and animal. Processing Characteristics and Processing Technology of Plastic Toy Molds Based on above toy product design and plastic mould design requirements, toy molds in its processing characteristics and processing technology are also more complex and special than other molds. It must have a special processing technology to ensure. The following focuses on the processing characteristics and processing techniques of several toy molds: Related Projects: - Plastics, Polymers and Resins, Polypropylene (PP), Polystyrene (PS) Simulation Surface Processing Technology For mold processing with simulation requirements, it is difficult to meet requirements by general conventional machining methods. It is also very difficult to manually engrave, and it is easy to get out of shape. Therefore, there are several special processes to meet processing of cavity surface of simulated surface. 1, Cavity surface chemical etching process: It can process various patterns, such as various patterns, imitation leather lines, and imitation wood grain and so on. 2, Electroforming process: It is characterized by being faithful to the original shape. Generally, there are two kinds of processing methods: 1, directly electroforming after being processed by physical object, and mold cavity is set by electroforming; 2, electroformed with same copper electrode as real object, and then set copper electrode as mold cavity. Contouring process Since toy has an irregular shape, it is often necessary to use profiling during processing of mold. Following profiling processes are commonly used: 1, Directly process convex and concave molds with ratio of After sample with ratio of is processed, as a master, convex and concave cavity are directly processed on the copy milling according to the ratio of It is suitable for processing large, medium and less demanding cavities. 2, profiling process of Magnifying and reducing through making a profiling by enlarging sample several times. Proportioning several times to make a profiling, then profiling is reduced according to original scale during profiling process to obtain convex and concave die. It is more suitable for cavity machining of medium, small and complex fine patterns. 3, after shape of electric spark of EDM is machined, electrode spark formed by profiling is used to machine convex and concave mold cavity. It is often used for processing of concave mold. 4, Three-dimensional profiling process of CNC programming: It is common in CNC programming with character of high processing precision. Precision Casting Method Forming Convex and Concave Molds It is often used in the manufacture of hollow molds, and is generally suitable for large and medium-sized molds with complex shapes but low precision requirements. Common casting methods include: high temperature casting such as cast steel and cast copper. It is suitable for large and medium plastic toy molds; medium temperature casting including cast aluminum, cast zinc alloy and suitable for medium and small plastic toy molds; low temperature casting generally suitable for small pattern cavity. However, disadvantages of these casting processes are large deformation, low precision, large error, and need to be reworked frequently. EDM Process EDM process is one of the most commonly used processes in toy mold processing. Effective Polishing Method for Cavity Surface In the toy mold, surface polishing is a very important work after plastic mould design, and polishing workload even accounts for more than 50% of entire molding cycle. How to achieve polishing requirements quickly and efficiently is a goal pursued by mold processing in plastic molding factory. In particular toy mold has a small and deep cavity and it is difficult to polish. Although there are many electric polishing tools and other polishing techniques, manual polishing still plays a leading role at present. In order to achieve a good polishing effect, it is necessary to train a good quality polisher, have a strict polishing procedure, and combine advanced polishing materials. Market Outlook The Indian toys market was worth US$ 1.75 Billion in 2019. The existence of toys in India dates back to the Indus Valley Civilization around five thousand years ago. The earliest toys included whistles shaped like birds, toy monkeys which could slide down a string and small carts which were made from materials found in nature such as sticks, clay and rocks. In recent years, the advent of advanced technology and machinery has encouraged manufacturers to produce modern and innovative toys. Looking forward, the Indian toys market to exhibit strong growth during 2020-2025. India has one among the largest young population within the world, because of that, the industry within the country has witnessed a rapid growth. The market is brimming with a wide array of each traditional and modern toys. However, with evolving trends, there has been a shift from standard toys towards innovative and advanced electronic toys. As an example, plaything has replaced wood building blocks whereas Barbie dolls have currently taken over ancient cloth dolls. The existence of toys in India dates back to the Indus depression Civilization around five thousand years alone. The earliest toys included whistles formed like birds, toy monkeys that might break a string and small carts which were made of materials found in nature similar to sticks, clay and rocks. In recent years, the advent of advanced technology and machinery has inspired manufacturers to produce modern and innovative toys. The marketplace for branded toys is growing with key players like Hamlets standing robust with 127 stores and therefore the United States based mostly retailer, Toys R United States growing steady with 12 stores currently operational across the country. Each the formats have aggressive growth plans for 2020 and on the far side. In smaller towns, wherever access to those stores is limited, on-line e commerce players like Amazon and Flipchart are helping bridge the gap through door-step delivery. Related Books: - Plastics and Polymers, Polyester Fibers From ancient toys like wood carts, whistles, unbranded plush toys and dolls, the Indian consumer is currently transitioning to a replacement range of toys, heavily influenced by Social media and global popular culture. The demand for international brands is on the increase and therefore the internationally licensed toy market in India is anticipated to grow exponentially. Driven by a huge shopper base, India represents an important marketplace for toys. With a population of around 1.3 Billion, it's the second largest inhabited country within the world. Moreover, the country features a terribly large young population with around half the whole population under the age of 25. The increasing domestic demand for toys in India is also being catalyzed by the country’s robust economic growth and rising disposable incomes. India has exhibited robust value growth rates for the last many years and currently represents amongst the world’s largest economies. Driven by this trend, the conservative population has old strong growth within the region. Consumers have a lot of disposable incomes and their spending patterns have conjointly changed. This has resulted during a major shift from traditional, medium- to low-end battery-operated toys, towards innovative electronic toys, intelligent toys as well as upmarket plush toys. There are a large sort of toys currently on the market within the market. the diverse product class ranges from traditional plush toys, construction and building toys, dolls, board games and puzzles to high-end electronic toys, educational toys, ride-ones, etc. There are toys that are domestically created by little, medium and huge manufactures and also those who are produced from known international brands. Every toy category has inexpensive and high-end versions. Indian Toys Market Drivers:- Views on Recent Moves by the Indian Government The India government has recently announced a stricter quality testing for imported toys and also considering imposing further curbs, making toys a part of the restricted list. It is also looking to increasing the import duty further by 60%, over the 100% that was already increased in the earlier budgets. While it’s a welcome move to have stricter quality control in place because it would mean that the unbranded cheaper toys would find it difficult to make its way into the market and branded safer toys will have a larger play. This move could put India at part with the larger toy consuming markets like US, UK, Canada and Australia along with other top European countries, where most of the toys are branded and safe. However, with import duty increase, a measure that the government of India expects to help in local manufacturing of toys, appears like a move coming from a lack of understanding of the industry dynamics. Videos: - How to Start Kids Electronic Toys Factory To promote local manufacturing, incentivizing manufacturing would be a much bigger invitation for international toy manufactures to set up shop in India and export to worldwide markets, rather than making it difficult to import. Simply because, most of the brands and entertainment properties that the toys are based on, are owned outside of India, and at least a Speciality toy store in the organized sector like Hamlets or Toys Us will continue to be merchandised over 90% with toys into the country, as India is one of the smallest consumption markets for branded toys globally and it would only make commercial sense for big global toy companies to set up a manufacturing facility for export rather than for domestic consumption. Related Videos: - Plastics Projects Increasing import duties could only make branded safe toys more expensive and turning consumers to cheaper Indian made toys which aren’t of as high quality as international branded toys as of today. This measure means that the small Indian toy traders and retailers, apart from Indian corporates like Reliance who have significant play in toys will be severely impacted. A move that would not go down well with the traders’ associations that form a large voting base for the government. In any case with the current 20% duty, freight and tax rates, the branded toys are priced at least 2X, if not more, as compared to locally made toys for the same box size. So, by no means a threat to local manufacturing. Moreover, making licensed, high quality international brands available in India continues to be a challenge due to tough Import norms and the recent increase in import duty. As a result, small businesses, who wish to legitimately license and sell these products suffer, while low quality, low cost Chinese toys continue to flood the market. Key Players Mega Bloks, Magformers, Haba, People, Melissa&Doug, B.Toys, Funskool, Lego, Mattel, Hasbro Tags:- #plastictoy #plastictoys #PLasticProducts #toys #BootlegToys #KnockOffToys #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #businessestostart #startupideas #startupbusiness #feasibilityReport #projectreport
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Manufacturing of Smartphone Tempered Glass Screen Protector

Manufacturing of Smartphone Tempered Glass Screen Protector. Investment Opportunities in Mobile Screen Protector Business. A screen protector is an additional sheet of material—commonly polyurethane or laminated glass—that can be attached to the screen of an electronic device and protect it against physical damage. A tempered glass protector is a multi-layered screen protector. It has a bottom layer of absorbent silicon, PET film and an optically clear adhesive tempered glass and oleo phobic coating in that order. Tempered glass is up to five times stronger than normal glass. Tempered glass is always more robust and durable than plastic. Plastic protectors get scratched easily and are around 0.1mm, while the glass protectors are generally 0.3-0.5 mm in thickness. Screen protectors can safeguard your smartphone up to a limit. Uses Every year users of Smartphones are increasing in many folds. Interestingly, Smartphone companies are coming up with new models to increase their market share. All these phones are loaded with specs and features thus needs special protection special when it comes to glass screen of Smartphones. In this regard, screen protector market provides loads of solutions of different kinds from plastic to tempered glass screen protector. Over the years it has been proven that tempered glass screen protector provides far better protection to your Smartphone rather than any other options. Tempered glass screen protector too has come long way to offer more secured options and more trusted qualities. Advantages Perhaps the best advantage of using a tempered glass screen protector is that the fabric is thicker and stronger than that of your typical plastic screen protector. As a result, your screen protector are extremely proof against scratches and different visible damage. this can be particularly vital for those who tend to store their smartphones in a bag or purse with keys or different objects that could otherwise scratch the screen. In addition to providing a thicker and stronger layer of protection for your phone's screen, a tempered glass screen protector also includes a look and feel that's terribly similar to your standard smartphone screen. As a result, you will not notice the screen protector as much as you would with a plastic one. On the opposite hand, tempered glass screen protectors are usually significantly more expensive than traditional plastic screen protectors. It's not uncommon to pay at least £25 for one tempered glass protector, which can appear steep for a few. Furthermore, because of the additional thickness provided by a tempered glass screen protector, some phone cases might not work properly, or the home button of the phone it may seem a lot of indented. This can take some getting used to for phone users. Technology and Effect Tempered glass screen protector manufacturers round the world always attempt to craft one thing new for the customers’ i.e. Smartphone users. Round the world and in China, making products that are user-friendly and provides relief whereas using it are the aims of manufactures and that they work continuously to improve product quality and add features into it. Generally, to make the mirror effect, manufacturers of tempered glass screen protectors using high-end technology and top-end machines apply electroplating for smooth and glossy result. Right along the process manufacturers take further precautions and care to not harm the glass itself. Because there are probabilities if the process isn't done properly by following the step mentioned it will dampen the glass thus the top result could be a disaster. Moreover, to stay the look a crystal clear shiny, the electroplating must be completely accurate else cracks will seem within the screen. This feature can sure as shooting enhance the planning of your mobile and may always sing their own praises your Smartphone. This feature improves the existing disadvantage of protection features of tempered glass screen protector because the performance can also be really good. Electroplating mirror effect not only makes your phone a shiny one but it also helps you to protect your privacy to some extent. Also, the electroplating coating is really ultra-thin therefore making mirror effect style more effective yet modern. Because of electroplating the protection ability gets a lift and all the other existing disadvantages take a back seat. Size: The first thing that every buyer should look for while selecting a new tempered glass screen protector is its size. The size must match the dimensions of your Smartphone. One of the easy ways to find it is with the Model number of your phone which would guide you to find and select a protector of accurate size. Along with the above one of the major issues that you should consider before buying any tempered glass screen protector is its coverage area. Most glass screen protectors hurt the integrity of edge phones by compromising the edge part with adhesive and cover the adhesive with colors. The important point is that glass screen protectors should be able to protect edge-to-edge display. It should be crystal clear all the way around even on the sides. MPG offers 3D Curved Full Cover Tempered Glass Screen protector and Here also, please take a look at some technologies that are involved in making tempered glass screen protector. This will help you more with knowledge so that you can look for the perfect coverage providing screen protector. Mobile Tempered Glass Manufacturing Process First remove the cover of the tempered glass machine and insert 3D soft anti shock screen protector film in it. After this, to set this film in the machine properly, keep thin magnets on it. It clings to the iron-containing area under the film and does not move during the process of making the screen protector glass. After this, turn on the power of the machine. Now apply the protector template for the phone for which you want to make tempered glass. After that cut the 3D soft anti shock screen protector according to the size of your phone. At this time, this screen protector will remain inside the machine. This can be done by a cutter attached to the cutting machine. After some time take it out of the machine. Now the screen protector for the phone is ready. It is sold for up to 100 rupees. So on a screen guard you get a profit of 70 to 80 rupees. In the same way, you can get a lot of benefit by starting mobile back cover printing business. Mobile Tempered Glass Making Business Profit Very good profit is obtained in this trade. You can make this product only between Rs 20 to 30, which can be sold in the market for up to Rs 100. In this way, the profit of at least Rs 70 to 80 in each tempered glass is obtained. Therefore, by doing this business well, a good profit can be obtained with less effort and cost. Mobile Tempered Glass Making Business License To do any business legally, a license is a must. Therefore, you will have to register your brand under the Government of India and at the same time it is necessary to register the place where you are starting the business. You can register your business firm online under MSME department of Government of India and your brand can be registered under ISI trademark. How to Start Mobile Tempered Glass Making Business At this time many precious mobile phones have come into the market with a variety of features. People are attracted and buy towards these attractive mobiles, but providing security to such phones is also very responsible. Once the displays of such phones are broken due to any reason, then it cannot be made again in such a way that it looks completely new. Generally, tempered glass is used to provide protection to these phones, which is not available when purchasing the phone and has to be purchased from the external market. Now-a-days Market Outlook Demand for screen protectors is expected to increase due to increasing use of protective smartphone accessories by the consumers of smartphones in the USD 450 - 550 price segment. Introduction of low price premium technology products primarily in the developing economies such as India, China, and Brazil is expected to spur growth over the forecast period. In addition, declining price of the tempered glass screen protectors is expected to result in increased demand for such protectors by consumers. The global Smartphone Tempered Glass Market was valued at $78.4Billion in 2018 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2026, culminating in 2026 global sales of $136.7Billion. Smartphone Screen Protector Market Share Insight The business is very competitive in nature, majorly due to presence of a large number of sellers. Key players within the business are involved in development of advanced product with superior characteristics and also are demonstrating their brand strength through well-known trademarked products. New product development, product customizations, and capacity growth are the key strategic initiatives adopted by the highest players during a bid to attain a competitive come near the trade. The worldwide players located in developed regions such as Europe and North America face strong price competition from Chinese manufacturers. Tempered glass is manufactured by chemical treatment or controlled thermal processes to extend its strength as compared to annealed glass. The product is utilized in various applications as well as shower doors, passenger vehicle windows, refrigerator trays, and architectural doors and tables. Moreover, it's used as a component in the manufacturing of bulletproof products, mobile screen protectors, cookware, and diving masks on account of superior properties as well as high strength and safety features. Growing demand for refurbished and pre-used smartphones because of reduced cost is expected to drive the demand for screen protectors. in addition, growing product design innovations, admire introduction of 2.5D and 3D screen protectors that enhance the user expertise, are expected to boost the smartphone screen protector market growth. The smartphone screen protector market can be segmented on the basis of raw material used into the following categories: polyethylene terephthalate (PET film), tempered glass, multi-layered, and thermoplastic polyurethane. PET films comprising polyester are films with a scratch-resistance matt coating on one side and a silicone adhesive on the other. Thermoplastic polyurethane is a chemically enhanced plastic displaying properties such as scratch resistance, oil and grease resistance, toughness, and elasticity. Tempered glass (TG) screen protectors are multi-layered and carry shock absorbent features, with their bottom layer made of silicon. Multi-layered screen protectors are usually patented and are an advanced variety made of different types of materials so that they can effectively absorb shocks. However, in-built screen protectors in smartphone might restrict this market. Today, various smartphones available in the market are already equipped with efficient screen guards which might impact the demand for stand-alone smartphone screen protectors. Key Players:- 3M Company, Bodyguardz, LLC, Zagg Inc., Belkin International Inc., Jiizii Glass, Clarivue, Corning Inc., FeYong Digital Technology Limited, AZ Infolink Pvt. Ltd, Shenzhen Yoobao Technology Co. Ltd., and Free S Speed International Co. Ltd. Tags:- #temperedglassscreenprotector #screenprotector #screenguard #temperedglass #screenprotectors #screenprotectoriphone #glassscreen #TemperedScreen #glassscreenfilm #temperedglassscreen #mobiletemperedglass #MobileScreenProtector #phoneprotector #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness
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Market Research Report on Medical Devices & Disposables Industry in India (Disposable Plastic Syringes, Disposable Mask & Gloves, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets and Other Devices) Market Analysis, Trends & Opportunities, Gro

Market Research Report on Medical Devices & Disposables Industry in India (Disposable Plastic Syringes, Disposable Mask & Gloves, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets and Other Devices) Market Analysis, Trends & Opportunities, Growth Drivers, SWOT Analysis, Industry Size, Outlook and Forecasts Up to 2023 The market research report titled ‘‘Medical Devices Industry in India (Disposable Plastic Syringes, Disposable Mask & Gloves, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets and Other Devices) Market Analysis, Trends & Opportunities, Growth Drivers, SWOT Analysis, Industry Size, Outlook and Forecasts Upto 2023’’ released by Niir Project Consultancy Services, provides a comprehensive analysis of Indian medical devices industry. The report begins by giving an overview of the global medical device industry mentioning the global market size of the industry. It further moves to analyse the Indian scenario by citing information like structure and classification of the sector. Despite a high demand for medical devices, India depends heavily on imports of devices to meet domestic demand. It imports ~80% of the devices required. The last few years have seen an increase in domestic manufacturing of medical equipment backed by strong governmental support. Related Projects: - Surgical, Medical Plastics, Medical Disposables, Disposable Medical Products used in Hospitals The report analyses the medical devices sector in profundity by covering data points like industry growth drivers, emerging trends coupled with SWOT analysis of the market and the regulatory framework. The report scrutinizes the potential of the sector by way of measuring its growth drivers. Indian medical device industry is poised for significant growth in coming years backed by factors like booming medical tourism, rising health awareness among Indian populace, growing incidence of lifestyle diseases and the growth of healthcare services in India. Indian medical device industry though dominated by imports has immense potential for growth for industry players to tap. Growing health insurance sector in the country is a key indicator of rising health awareness among Indians. Although India remains as one of the least insured nations in the world, the health insurance penetration is rising gradually. Rising disposable household income, awareness around health and rising lifestyle ailments plaguing Indians are some of the causes driving the demand for medical devices in the country. Indian medical devices industry has been in the limelight recently due to increased government focus on encouraging the domestic production in the industry. Indian government has announced a heavy package over various schemes to uplift the industry. Related Books: - Disposable Products (Medical, Surgical, Thermocol, Plastic, Paper, Domestic And General Products) Some of the trends hitting the sector are rising usage of home care devices, remote patient monitoring devices, unprecedented demand for disposables and use of refurbished equipment. India has been experiencing winds of change with the changing cultural attitudes and the millennial consumer. High levels of stress lack of work-life balance and growing need for real time monitoring are some contributing factors to a mounting demand for home healthcare. Also, due to current COVID-19 pandemic situation, India has seen unprecedented growth in the demand and usage of medical disposables such as face masks and gloves. To encourage the domestic production of medical devices in the country, government has announced various schemes supporting the growth of the sector. Related Videos: - Industrial, Medical and Specialty Gases Manufacturing Project Ideas The report further scrutinizes the industry with the help of SWOT Analysis. Growing Indian population, favourable demographics and recession proof nature of the industry are some of the strengths of the industry. Indian population has been growing at a steady rate which ensures stable demand for medical devices in India. The growth of the healthcare sector in the last decade has been phenomenal majorly driven by Indian demographics, rising incomes, growing health awareness and increased government focus on improving healthcare situation in India. Medical devices industry constitutes ~4-5% of the overall healthcare industry and is a direct beneficiary of any growth in the healthcare sector. Similarly, change in the Indian demographic situation is another positive factor for the industry’s growth. Indian market offers immense opportunities for sector to tap in terms of rising incomes, escalating government spending on healthcare and low penetration of medical devices in the country. The medical device penetration in India is extremely low which serves as a massive opportunity for the device companies. Plan outlay for healthcare sector has increased from INR 500 billion in 2017-18 to INR 690 billion in 2020-21. Such increased government focus on healthcare puts Indian medical devices industry in a sweet spot. Industry faces challenges from stiff competition from the existing players and also from heavy dependency of industry on imports. The industry although being a high potential industry is bogged down by its high capital requirements. Indian medical device industry is capital intensive by nature and setting up a manufacturing plant requires significant investment. Indian medical device industry, being a part of healthcare industry, is plagued by all the challenges and weaknesses of its giant mother industry. The healthcare situation in India is not very encouraging when compared to other parts of the world and it remains one of the biggest challenges for the Indian medical device industry. Even though India offers the most affordable healthcare services globally, yet the treatment for its own population remains inaccessible and unaffordable to quite an extent. The report further expounds the domestic demand/supply situation of the industry along with the international trade scenario. Indian imports of medical devices have been growing at a CAGR of ~13% during 2016-20. Indian exports of medical devices grew from INR 82 billion in 2016 to INR 127 billion in 2019, thus registering a CAGR of over 15% during this time. The report further provides financial information of the key players in the segment. Indian medical devices industry, though small, has been growing tremendously in the past few years. Favourable Indian demographics, rising incomes coupled with encouraging government initiatives and rising disease patterns in the country augurs well for the industry as a whole. India, with its large population base and increasing health awareness among its populace, offers a valuable and incomparable opportunity for the medical devices segment. Indian medical device industry is poised for significant growth in coming years. The market size of the Indian medical device industry stood at INR 339 billion in 2017 and is expected to reach new levels by 2023. Key Words: Medical Devices Industry ,disposable Plastic Syringes, Disposable Mask & Gloves, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets, surgical devices, surgical gloves, import, export, healthcare sector, healthcare services, hospital sector, medical tourism, homecare devices, medtech devices, public spending, healthcare penetration, recession proof, The Medical Devices (Amendment) Rules 2020, CDSCO, DCGI, CDA, ventilators, PPE coveralls, PPE kits, Production Linked Incentive (PLI) Scheme, Promotion of Medical Device Parks, hospital beds, cancer incidents, diabetes patients, lifestyle diseases, health insurance premium, health insurance penetration, health awareness, medical tourists, favorable demographics, Urbanization, market outlook, Diagnostic imaging, disposables, IV Diagnostics, Dental products, orthopaedic & Prosthetics, Patient Aids, HINDUSTAN SYRINGES & MEDICAL DEVICES LTD, Opto Circuits, Wipro GE Healthcare, Market Research Reports, India and Global Industry Analysis ,Market Trends, Market Insight, Market structure, Market outlook Indian Industry Size, Share, Trends, Analysis and Forecasts report, sector Growth Driver, company profiles, key financials, ratios #Healthcare #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #businessestostart #startupideas #businessstartupindia #MarketReseach #businessplans #projectconsultancy #BusinessFeasibilityStudies #technologyindustry #businessplanning
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Market Research Report on Medical Devices & Disposables Industry in India (Disposable Plastic Syringes, Disposable Mask & Gloves, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets and Other Devices) Growth Drivers, SWOT Analysis, Industry Siz

Market Research Report on Medical Devices & Disposables Industry in India (Disposable Plastic Syringes, Disposable Mask & Gloves, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets and Other Devices) Market Analysis, Trends & Opportunities, Growth Drivers, SWOT Analysis, Industry Size, Outlook and Forecasts Up to 2023 The market research report titled ‘‘Medical Devices Industry in India (Disposable Plastic Syringes, Disposable Mask & Gloves, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets and Other Devices) Market Analysis, Trends & Opportunities, Growth Drivers, SWOT Analysis, Industry Size, Outlook and Forecasts Upto 2023’’ released by Niir Project Consultancy Services, provides a comprehensive analysis of Indian medical devices industry. The report begins by giving an overview of the global medical device industry mentioning the global market size of the industry. It further moves to analyse the Indian scenario by citing information like structure and classification of the sector. Despite a high demand for medical devices, India depends heavily on imports of devices to meet domestic demand. It imports ~80% of the devices required. The last few years have seen an increase in domestic manufacturing of medical equipment backed by strong governmental support. Related Projects: - Surgical, Medical Plastics, Medical Disposables, Disposable Medical Products used in Hospitals The report analyses the medical devices sector in profundity by covering data points like industry growth drivers, emerging trends coupled with SWOT analysis of the market and the regulatory framework. The report scrutinizes the potential of the sector by way of measuring its growth drivers. Indian medical device industry is poised for significant growth in coming years backed by factors like booming medical tourism, rising health awareness among Indian populace, growing incidence of lifestyle diseases and the growth of healthcare services in India. Indian medical device industry though dominated by imports has immense potential for growth for industry players to tap. Growing health insurance sector in the country is a key indicator of rising health awareness among Indians. Although India remains as one of the least insured nations in the world, the health insurance penetration is rising gradually. Rising disposable household income, awareness around health and rising lifestyle ailments plaguing Indians are some of the causes driving the demand for medical devices in the country. Indian medical devices industry has been in the limelight recently due to increased government focus on encouraging the domestic production in the industry. Indian government has announced a heavy package over various schemes to uplift the industry. Related Books: - Disposable Products (Medical, Surgical, Thermocol, Plastic, Paper, Domestic And General Products) Some of the trends hitting the sector are rising usage of home care devices, remote patient monitoring devices, unprecedented demand for disposables and use of refurbished equipment. India has been experiencing winds of change with the changing cultural attitudes and the millennial consumer. High levels of stress lack of work-life balance and growing need for real time monitoring are some contributing factors to a mounting demand for home healthcare. Also, due to current COVID-19 pandemic situation, India has seen unprecedented growth in the demand and usage of medical disposables such as face masks and gloves. To encourage the domestic production of medical devices in the country, government has announced various schemes supporting the growth of the sector. Related Videos: - Industrial, Medical and Specialty Gases Manufacturing Project Ideas The report further scrutinizes the industry with the help of SWOT Analysis. Growing Indian population, favourable demographics and recession proof nature of the industry are some of the strengths of the industry. Indian population has been growing at a steady rate which ensures stable demand for medical devices in India. The growth of the healthcare sector in the last decade has been phenomenal majorly driven by Indian demographics, rising incomes, growing health awareness and increased government focus on improving healthcare situation in India. Medical devices industry constitutes ~4-5% of the overall healthcare industry and is a direct beneficiary of any growth in the healthcare sector. Similarly, change in the Indian demographic situation is another positive factor for the industry’s growth. Indian market offers immense opportunities for sector to tap in terms of rising incomes, escalating government spending on healthcare and low penetration of medical devices in the country. The medical device penetration in India is extremely low which serves as a massive opportunity for the device companies. Plan outlay for healthcare sector has increased from INR 500 billion in 2017-18 to INR 690 billion in 2020-21. Such increased government focus on healthcare puts Indian medical devices industry in a sweet spot. Industry faces challenges from stiff competition from the existing players and also from heavy dependency of industry on imports. The industry although being a high potential industry is bogged down by its high capital requirements. Indian medical device industry is capital intensive by nature and setting up a manufacturing plant requires significant investment. Indian medical device industry, being a part of healthcare industry, is plagued by all the challenges and weaknesses of its giant mother industry. The healthcare situation in India is not very encouraging when compared to other parts of the world and it remains one of the biggest challenges for the Indian medical device industry. Even though India offers the most affordable healthcare services globally, yet the treatment for its own population remains inaccessible and unaffordable to quite an extent. The report further expounds the domestic demand/supply situation of the industry along with the international trade scenario. Indian imports of medical devices have been growing at a CAGR of ~13% during 2016-20. Indian exports of medical devices grew from INR 82 billion in 2016 to INR 127 billion in 2019, thus registering a CAGR of over 15% during this time. The report further provides financial information of the key players in the segment. Indian medical devices industry, though small, has been growing tremendously in the past few years. Favourable Indian demographics, rising incomes coupled with encouraging government initiatives and rising disease patterns in the country augurs well for the industry as a whole. India, with its large population base and increasing health awareness among its populace, offers a valuable and incomparable opportunity for the medical devices segment. Indian medical device industry is poised for significant growth in coming years. The market size of the Indian medical device industry stood at INR 339 billion in 2017 and is expected to reach new levels by 2023. Key Words: Medical Devices Industry ,disposable Plastic Syringes, Disposable Mask & Gloves, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets, surgical devices, surgical gloves, import, export, healthcare sector, healthcare services, hospital sector, medical tourism, homecare devices, medtech devices, public spending, healthcare penetration, recession proof, The Medical Devices (Amendment) Rules 2020, CDSCO, DCGI, CDA, ventilators, PPE coveralls, PPE kits, Production Linked Incentive (PLI) Scheme, Promotion of Medical Device Parks, hospital beds, cancer incidents, diabetes patients, lifestyle diseases, health insurance premium, health insurance penetration, health awareness, medical tourists, favorable demographics, Urbanization, market outlook, Diagnostic imaging, disposables, IV Diagnostics, Dental products, orthopaedic & Prosthetics, Patient Aids, HINDUSTAN SYRINGES & MEDICAL DEVICES LTD, Opto Circuits, Wipro GE Healthcare, Market Research Reports, India and Global Industry Analysis ,Market Trends, Market Insight, Market structure, Market outlook Indian Industry Size, Share, Trends, Analysis and Forecasts report, sector Growth Driver, company profiles, key financials, ratios #Healthcare #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #businessestostart #startupideas #businessstartupindia #MarketReseach #businessplans #projectconsultancy #BusinessFeasibilityStudies #technologyindustry #businessplanning
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Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Market Research Report on Medical Devices & Disposables Industry in India (Disposable Plastic Syringes, Disposable Mask & Gloves, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets and Other Devices) Outlook and Forecasts Up to 2023

Market Research Report on Medical Devices & Disposables Industry in India (Disposable Plastic Syringes, Disposable Mask & Gloves, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets and Other Devices) Market Analysis, Trends & Opportunities, Growth Drivers, SWOT Analysis, Industry Size, Outlook and Forecasts Up to 2023 The market research report titled ‘‘Medical Devices Industry in India (Disposable Plastic Syringes, Disposable Mask & Gloves, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets and Other Devices) Market Analysis, Trends & Opportunities, Growth Drivers, SWOT Analysis, Industry Size, Outlook and Forecasts Upto 2023’’ released by Niir Project Consultancy Services, provides a comprehensive analysis of Indian medical devices industry. The report begins by giving an overview of the global medical device industry mentioning the global market size of the industry. It further moves to analyse the Indian scenario by citing information like structure and classification of the sector. Despite a high demand for medical devices, India depends heavily on imports of devices to meet domestic demand. It imports ~80% of the devices required. The last few years have seen an increase in domestic manufacturing of medical equipment backed by strong governmental support. Related Projects: - Surgical, Medical Plastics, Medical Disposables, Disposable Medical Products used in Hospitals The report analyses the medical devices sector in profundity by covering data points like industry growth drivers, emerging trends coupled with SWOT analysis of the market and the regulatory framework. The report scrutinizes the potential of the sector by way of measuring its growth drivers. Indian medical device industry is poised for significant growth in coming years backed by factors like booming medical tourism, rising health awareness among Indian populace, growing incidence of lifestyle diseases and the growth of healthcare services in India. Indian medical device industry though dominated by imports has immense potential for growth for industry players to tap. Growing health insurance sector in the country is a key indicator of rising health awareness among Indians. Although India remains as one of the least insured nations in the world, the health insurance penetration is rising gradually. Rising disposable household income, awareness around health and rising lifestyle ailments plaguing Indians are some of the causes driving the demand for medical devices in the country. Indian medical devices industry has been in the limelight recently due to increased government focus on encouraging the domestic production in the industry. Indian government has announced a heavy package over various schemes to uplift the industry. Related Books: - Disposable Products (Medical, Surgical, Thermocol, Plastic, Paper, Domestic And General Products) Some of the trends hitting the sector are rising usage of home care devices, remote patient monitoring devices, unprecedented demand for disposables and use of refurbished equipment. India has been experiencing winds of change with the changing cultural attitudes and the millennial consumer. High levels of stress lack of work-life balance and growing need for real time monitoring are some contributing factors to a mounting demand for home healthcare. Also, due to current COVID-19 pandemic situation, India has seen unprecedented growth in the demand and usage of medical disposables such as face masks and gloves. To encourage the domestic production of medical devices in the country, government has announced various schemes supporting the growth of the sector. Related Videos: - Industrial, Medical and Specialty Gases Manufacturing Project Ideas The report further scrutinizes the industry with the help of SWOT Analysis. Growing Indian population, favourable demographics and recession proof nature of the industry are some of the strengths of the industry. Indian population has been growing at a steady rate which ensures stable demand for medical devices in India. The growth of the healthcare sector in the last decade has been phenomenal majorly driven by Indian demographics, rising incomes, growing health awareness and increased government focus on improving healthcare situation in India. Medical devices industry constitutes ~4-5% of the overall healthcare industry and is a direct beneficiary of any growth in the healthcare sector. Similarly, change in the Indian demographic situation is another positive factor for the industry’s growth. Indian market offers immense opportunities for sector to tap in terms of rising incomes, escalating government spending on healthcare and low penetration of medical devices in the country. The medical device penetration in India is extremely low which serves as a massive opportunity for the device companies. Plan outlay for healthcare sector has increased from INR 500 billion in 2017-18 to INR 690 billion in 2020-21. Such increased government focus on healthcare puts Indian medical devices industry in a sweet spot. Industry faces challenges from stiff competition from the existing players and also from heavy dependency of industry on imports. The industry although being a high potential industry is bogged down by its high capital requirements. Indian medical device industry is capital intensive by nature and setting up a manufacturing plant requires significant investment. Indian medical device industry, being a part of healthcare industry, is plagued by all the challenges and weaknesses of its giant mother industry. The healthcare situation in India is not very encouraging when compared to other parts of the world and it remains one of the biggest challenges for the Indian medical device industry. Even though India offers the most affordable healthcare services globally, yet the treatment for its own population remains inaccessible and unaffordable to quite an extent. The report further expounds the domestic demand/supply situation of the industry along with the international trade scenario. Indian imports of medical devices have been growing at a CAGR of ~13% during 2016-20. Indian exports of medical devices grew from INR 82 billion in 2016 to INR 127 billion in 2019, thus registering a CAGR of over 15% during this time. The report further provides financial information of the key players in the segment. Indian medical devices industry, though small, has been growing tremendously in the past few years. Favourable Indian demographics, rising incomes coupled with encouraging government initiatives and rising disease patterns in the country augurs well for the industry as a whole. India, with its large population base and increasing health awareness among its populace, offers a valuable and incomparable opportunity for the medical devices segment. Indian medical device industry is poised for significant growth in coming years. The market size of the Indian medical device industry stood at INR 339 billion in 2017 and is expected to reach new levels by 2023. Key Words: Medical Devices Industry ,disposable Plastic Syringes, Disposable Mask & Gloves, Blood Bags, X-Ray, Ultrasound, ECG, Pacemakers, IV Fluid Sets, surgical devices, surgical gloves, import, export, healthcare sector, healthcare services, hospital sector, medical tourism, homecare devices, medtech devices, public spending, healthcare penetration, recession proof, The Medical Devices (Amendment) Rules 2020, CDSCO, DCGI, CDA, ventilators, PPE coveralls, PPE kits, Production Linked Incentive (PLI) Scheme, Promotion of Medical Device Parks, hospital beds, cancer incidents, diabetes patients, lifestyle diseases, health insurance premium, health insurance penetration, health awareness, medical tourists, favorable demographics, Urbanization, market outlook, Diagnostic imaging, disposables, IV Diagnostics, Dental products, orthopaedic & Prosthetics, Patient Aids, HINDUSTAN SYRINGES & MEDICAL DEVICES LTD, Opto Circuits, Wipro GE Healthcare, Market Research Reports, India and Global Industry Analysis ,Market Trends, Market Insight, Market structure, Market outlook Indian Industry Size, Share, Trends, Analysis and Forecasts report, sector Growth Driver, company profiles, key financials, ratios #Healthcare #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #businessestostart #startupideas #businessstartupindia #MarketReseach #businessplans #projectconsultancy #BusinessFeasibilityStudies #technologyindustry #businessplanning
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