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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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Hot Melt Adhesives (For Book binding, Packaging and Courier bag)

An adhesive is generally characterized as a material capable of bonding separate articles together by adhering to the surfaces of both articles. The selection of an adhesive bonding agent for a particular use is governed by the chemical and physical properties of the adhesive bonding agent composition and the chemical and physical properties of the surfaces of the articles to be bonded. Some of the chemical and physical properties to be considered when an adhesive binding agent is selected are: 1. The affinity of the surfaces to be bonded to the adhesive bonding agent. 2. The ability to the adhesive bonding agent to adequately wet surface to be bonded. 3. The ability of the adhesive bonding agent to be placed in intimate contact with the surface to be bonded. 4. The cohesive strength of the adhesive bonding agent itself. 5. The chemical reactivity of the adhesive agent with the surface to be bonded. Melt adhesives are bonding agents which achieve a solid state and resultant strength by cooling as contrasted with other adhesives which achieve the solid state through evaporation or removal of solvents. Prior heating, a hot-melt adhesive is a thermoplastic, 100 percent solid material, all adhesive. Application of heat brings the material to the liquid state, and after removal of the heat, it sets by simple cooling. Hot Melt Adhesives be defined as adhesives that melt and flow on application of heat and solidifies on cooling to give a strong adhesion. Hot melt adhesives are solvent-free, solvent-free, solid compounds that have negligible or no VOC (volatile organic compound) compared to solvent-based adhesives. The global market for hot melt adhesives is gaining significant impetus from the rise in the trading activities, leading to a high demand for packaging. The increasing construction activities across the world is also fueling the need for hot melt adhesives substantially. On the other hand, the volatility in crude oil prices and the easy availability of substitutes are likely to create hindrances in the higher adoption of hot melt adhesives across the world in the years to come. The global Hot Melt Adhesives (HMA) market size exceeded USD 6.60 billion, globally in 2018 and is estimated to grow at over 6.4% CAGR between 2019 and 2022, projected to reach USD 9.46 billion by 2022, in terms of value. The HMA market is driven by the increasing demand for HMA from applications such as packaging solutions, nonwoven hygiene products, and consumer DIY. Hot melt adhesives are formulations based on thermoplastic polymers which can be softened and reshaped on heating above their melting point. These adhesives are applied on a material in liquid state and offer easy to clean application with minimum toxicity. They are served in a wide array of industries such as packaging owing to their high stability & strength, making them a suitable alternative to solvent-borne adhesives. Increasing product innovations in hygiene solutions to reduce waste, provide comfort & improve absorption has enabled the development of unique adhesives to manufacture disposable hygiene products will drive the growth of hot melt adhesives market. Hot melt adhesives demand is attributed towards rising importance regarding disposable hygiene products and growing government initiatives to promote health & wellness among individuals. With increasing awareness for personal hygiene, consumers are looking for products with enhanced features such as better absorption and improved softness which has augmented the adoption of environment friendly disposable adhesives. Few Indian major players are as under 3M India Ltd. Ciba India Ltd. D H Resins & Chemicals Pvt. Ltd. Eftec (India) Pvt. Ltd. H B Fuller India Adhesives Pvt. Ltd. Henkel Anand India Pvt. Ltd. Renuka Adhesives Ltd. Polyinks Ltd.
Plant capacity: Hot Melt Adhesive for Book Binding: 300 Kgs / Day Hot Melt Adhesive for Packaging: 250 Kgs / Day Hot Melt Adhesive for Courier Bag: 250 Kgs / DayPlant & machinery: Rs 96 lakhs
Working capital: -T.C.I: Cost of Project : Rs 283 lakhs
Return: 23.00%Break even: 55.00%
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Fruit Wine

Fruit wines are fermented alcoholic beverages made from a variety of base ingredients (other than grapes); they may also have additional flavors taken from fruits, flowers, and herbs. This definition is sometimes broadened to include any fermented alcoholic beverage except beer. For historical reasons, mead, cider, and Perry are also excluded from the definition of fruit wine. Fruit wines have traditionally been popular with home wine makers and in areas with cool climates such as North America and Scandinavia; in East Africa, India, and the Philippines, wine is made from bananas. Fruit wines are usually referred to by their main ingredient (e.g., plum wine or elderberry wine) because the usual definition of wine states that it is made from fermented grape juice. Being fruit-based fermented and uninstalled product, wine contains most of the nutrients present in the original fruit juice. The nutritive value of wine is increased due to the release of amino acids and other nutrients from yeast during fermentation. Fruit wines contain 8–11% alcohol and 2–3% sugar with energy value ranging between 70 and 90 kcal per 100 ml. The consumption of Wine in India is found to be increasing with rise of awareness of wine as a good drink for health. The wine market of India observed growth with a CAGR of more than 25% in past five years. Growing popularity of Vineyards as tourism places, higher disposable incomes and growth in foreign tourists, promotion of wine as beneficial to health etc. are some of the reasons for such growth. Global travel and expose to other countries where drinking wine is a part of the lifestyle are also helping to drive the sales of wine in India. The global wine market was valued at US$ 296.03 billion in 2016 and is slated to reach US$ 404.64 billion by 2025. The market is expected to exhibit a CAGR of 3.23% during the forecast period (2017-2025). Still wine segment held the majority of market share with around 83% among product types in 2016, while red wine was the preferred option among all customer groups. Changing taste and new preferences among consumers and rising demand for new and exotic flavors such as Riesling wine and other tropical fruit wine is fuelling the growth of the wine market. The market for sparkling wine segment is expected to grow at a CAGR of 4.94% during the forecast period owing to increasing consumption of champagne during social celebrations. Asia Pacific is projected to witness the fastest growth in the wine market with countries such as China, India being the key contributors in the region. At a global level, China stands to be the largest market for alcohol consumption with the country also being one of the leading importers of wine worldwide. The ongoing recovery of the Chinese economy, growing upper middle class population and the rising disposable income is further expected to boost the consumption of wine in the country. The country is also focused towards manufacturing its domestic wine, further promoting the growth of wine in the country. Few Indian major players are as under York Winery Pvt. Ltd. Venus Cellars Pvt. Ltd. Sunmeera Grapes Wineries Pvt. Ltd. Nirvana Biosys Pvt. Ltd. Grover Zampa Vineyards Ltd. Four Seasons Wines Ltd Charosa Wineries Ltd. Century Wines Pvt. Ltd.
Plant capacity: Fruit Wine (750 ml size Bollte) : 2,666.7 Bottles / DayPlant & machinery: Rs 150 lakhs
Working capital: -T.C.I: Cost of Project : Rs 873 lakhs
Return: 26.00%Break even: 41.00%
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Paraffin Wax

Paraffin wax is an organic phase change material with high heat of fusion which in melting and solidifying at a certain temperature is capable of storing and releasing large quality of thermal energy. Melting point is the temperature variation property of paraffin wax that makes it the best choice organic phase change material used in latent heat and thermal energy storage. It is the melting point paraffin wax that allows it to be excellently used in preventing global warming and in home cooling. Liquid paraffin is also known as "white oil" or "mineral oil." It is colorless, odorless, and tasteless. This form of paraffin wax is often used in hair care products and cosmetic grade cleansing creams because of its ability to soften and resist moisture loss. White oil is also common in pharmaceutical products, food, and textiles. Chemically, paraffin wax is a mixture of saturated aliphatic hydrocarbons (with the general formula CnH2n+2).Wax is the residue extracted when lubricant oils are dew axed and it has a crystalline structure with a carbon number greater than 12.The main characteristics of wax are (1) absence of color, (2) absence of odor, (3) translucence, and (4) a melting point above 45°C (113°F). The global paraffin wax market is expected to reach USD 7.27 billion by 2025. Increasing demand for paraffin waxes in flexible packaging, candle manufacturing, rubber, and cosmetics is expected to aid in market expansion over the next nine years. Rising consumption of these products as a rheology modifier, electrical insulator, friction reducer, plasticizer, and flame retardant is expected to increase market size over the forecast period. Paraffin waxes are used in flexible packaging as they provide an excellent barrier against odor and gas transmission. The growing food & beverage sector in developing countries including China, Japan, India, South Korea, South Africa, and Brazil is expected to stimulate packaging growth, which in turn will drive product demand over the upcoming years. Asia-Pacific region dominated the global paraffin market. With the growing population and increasing per capita income, the number of houses is increasing in countries such as China and India, resulting in the increased average number of candles used by the individuals. With an increasing focus toward personal appearance, aging population, and quality of living, the use of cosmetic and personal care products is increasing in the region. The market for cosmetics in India has increased significantly since the past decade. Few Indian major players are as under X L Organics Ltd. K L J Organic Ltd Indian Oil Corpn. Ltd. Gandhar Oil Refinery (India) Ltd. Chennai Petroleum Corpn. Ltd.
Plant capacity: Paraffin Wax: 10. MT / Day Micro Crystalline Wax (Bye Product): 0.034 MT / Day Foot Oil (Bye Product) : 2.510 MT / DayPlant & machinery: Rs 312 lakhs
Working capital: -T.C.I: Cost of Project: Rs 886 lakhs
Return: 18.00%Break even: 51.00%
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IV Fluids (BFS Technology)

Fluids are given when someone's body fluid volume falls. There are a number of things which can cause a drop in fluid volume. Vomiting and diarrhea are a classic example, which is why people are encouraged to drink fluids when they are sick, to keep their fluid volume stable. Another cause is blood loss, which causes problems both because people lose blood products, and because they experience a loss in fluid volume. Electrolyte levels in the blood can also become unstable as a result of rapid changes in fluid volume, in which case intravenous fluids can be used to restore the balance. Intravenous fluids are fluids which are intended to be administered to a patient intravenously, directly through the circulatory system. These fluids must be sterile to protect patients from injury, and there are a number of different types available for use. Many companies manufacture packaged intravenous fluids, as well as products which can be mixed with sterile water to prepare a solution for intravenous administration. The global Intravenous (IV) solutions market was valued at USD 6.9 billion in 2015 and is projected to grow at a CAGR of 7.8% over the forecast period. The emergence of this market is attributed to the fast growing geriatric population and prevalence of malnutrition in the elderly and pediatric population. Intravenous (IV) solutions are fluids which are intended to be administered to a patient directly into the venous circulation. These fluids are sterile fluids which protects patients at the time of serious dehydration. There is various type of IV solutions available for use in the market. Many companies manufacture packaged intravenous fluids or products or compounds which can be mixed with sterile water to prepare a solution for intravenous administration. The market for Intravenous (IV) Solution is expected to reach USD 11,511.2 million by 2022 and is expected to grow at a CAGR of 7.69% during the forecast period 2016-2022. The factors which drive the growth of the market are the rising prevalence of chronic diseases, rising acceptance of vitamin C intravenous treatment therapy to treat colorectal cancer. This is attributed to the factors such as Growing acceptance of vitamin C intravenous for Colorectal Cancer and increasing prevalence of the chronic diseases. Europe is the second largest market which is growing at a CAGR of 8.12% from 2016-2022. Asia-Pacific region is the fastest growing market for IV Solutions, which is expected to grow at a CAGR of 8.34% during the forecast period from 2016 to 2022. Few Indian major players are as under Shree Krishna Keshav Laboratories Ltd. Pharmazell (India) Pvt. Ltd. Parenteral Surgicals Ltd. Kokad Pharmaceutical Laboratories Ltd. Ahlcon Parenterals (India) Ltd. Abaris Healthcare Pvt. Ltd. Axa Parenterals Ltd.
Plant capacity: IV Fluids (500 ml Size Pack): 146,748 Units / Day IV Fluids (100 ml Size Pack): 153,252 Units / DayPlant & machinery: Rs 4099 lakhs
Working capital: -T.C.I: Cost of Project : Rs 5808 lakhs
Return: 25.00%Break even: 41.00%
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Needles for Sewing and Embroidery Machine

A sewing needle, used for hand-sewing, is a long slender tool with a pointed tip at one end and a hole (or eye) at the other. The earliest needles were made of bone or wood; modern needles are manufactured from high carbon steel wire and are nickel- or 18K gold-plated for corrosion resistance. High quality embroidery needles are plated with two-thirds platinum and one-third titanium alloy. Traditionally, needles have been kept in needle books or needle cases which have become objects of adornment. Needles are offered in a wide range of sizes and the selection of needle size is based on the combination of fabric and sewing thread which is to be sewn. If the selected sewing needle is too small for the sewing thread size, the thread will not fit well into the long groove of the needle and will suffer from extreme abrasion. The use of too fine a needle while sewing heavy plies of fabric could lead to the deflection of the needle, which could influence the stitch loop pick up and cause slipped stitches or even needle breakage. Use of a larger sewing needle for the particular sewing thread resulted in poor control of the loop formation which could lead to slipped stitches. The primary reason to buy household sewing machines by end users is to enable saving on professional and labour fee on petty stitch works and also creation of custom embroidery, clothing articles. Also, growing preference for embroidery-based clothing and customization of fabric in recent commercial fashion design sector is also expected to impact the growth of household sewing machines market. The household sewing machines market in general is expected to sustain its notable presence and witness a healthy growth owing to perennial demand generating demographics consisting of female population in the globe. The global sewing machines market is projected to grow at the rate of 4.1% during the forecast period, 2018 to 2023. The large scale adoption of these automated sewing machines for most apparel and non-apparel manufacturing contributes to the growth of the sewing machine market. Supporting government policies in emerging policies, like China and India, influence textile manufacturers to adopt the latest technologies and expand their manufacturing sites, is expected to increase the demand for industrial sewing machines. However, strong presence of unorganized players and uncertainty in raw material costs are restraining the growth of sewing machines market. The future of the textile industry in India has a positive outlook and is mirrored by increasingly strong consumption rates in the domestic market as well as the growing demand for exports. Moreover, the industry has earned a unique place in the economy due to its strong future outlook, numerous employment opportunities it has generated and the strong export numbers it has generated. Asia-Pacific is the fastest growing region in the global sewing machines market. China, Japan, Australia, India, and Indonesia are the top contributing countries in the region. Many key players are entering into partnerships with the e-commerce retail stores in order to strengthen their distribution network which is likely to drive the market growth in the region. In addition, the presence of numerous manufacturing companies in the region makes a manufacturing hub. Few Indian major players are as under Singer India Ltd. Schmetz India Pvt. Ltd. Needle Industries (India) Pvt. Ltd. Groz Engineering Tools Pvt. Ltd.
Plant capacity: Sewing Needles (30 g each) per Pack 50 Pcs.: 6,400 Packs / Day Embroidery Needles (30 g each) per Pack 50 Pcs. : 1,600 Packs / Day Plant & machinery: Rs 256 lakhs
Working capital: -T.C.I: Cost of Project : Rs 939 lakhs
Return: 27.00%Break even: 59.00%
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Rice Flakes and Puffed Rice

Rice flakes industry has also an important role in popularizing wheat in traditionally non-wheat consuming regions of the country. Rice flakes consumed by people of all ages and all times. With tea and coffee, rice flakes make a tasty and nutrition’s snack. There is a definite need for the rice flakes industry to make inroads in the rural areas. Manufacturing of rice flakes products have substantial scope for development in smaller towns, village and backward areas and can provide a good number of employment opportunities at different levels. Rice is a major source of energy and an important source of protein. The availability of nutrients per 100 g of raw white rice provides 361 kcal and 6 g of protein. It also contains substantial amounts of zinc and niacin. On the other hand, it is low in calcium, iron, thiamine and riboflavin and has virtually no beta-carotene (Vitamin A). It is noteworthy that the highest the degree of polishing, the lowest the level of proteins, vitamins and minerals in the final product. Puffed rice is a commonly consumed commodity as a pastime snack. It can be used in combination with nuts such as groundnut or roasted and salted cashews; with fried gram; with Jiggery and coconut gratings, or dusted with salt and spices after enrobing with oil. Since the product is easily digested and assimilated, it finds a wide acceptance among a cross section of the households. It is a versatile product with an excellent market potential. The global edible flakes market value was estimated at nearly 14.51 (USD Billion) in 2018 and is expected to be valued at 24.75 (USD Billion) by 2025 at a cumulative growth rate of around 8%. The report edible flakes market encompasses market estimation and analysis on both the global as well as regional level. The research report offers an extensive valuation of the market, business rivalry, opportunities, sales forecasts, revenue forecasts, and industry-validated market data. The report offers historical data from 2016 to 2018 and a forecast from 2019 to 2025 based on earnings (USD Billion). Based on the product, the edible flakes industry is sectored into Wheat Flakes, Corn Flakes, Flakey Oats, and Rice Flakes. Corn flakes segment is anticipated to make major contributions towards the market revenue over the forecast period. The reason being the ability of corn flakes in improving the digestion of starch. Huge inclination towards ready-to-eat food item consumption in the developing countries is set to increase the popularity of the edible flakes over the forthcoming years. Apart from this, the changing dietary patterns of the customers along with a huge preference for processed food sue to hectic lifestyle is expected to define the growth of the edible flakes market during the forecast period.
Plant capacity: Puffed Rice (Muri): 20,000 Kgs / Day Rice Flakes (Poha): 30,000 Kgs / Day Broken Rice Flakes (Poha): 1,500 Kgs / Day Rice Husk (bye product): 15,000 Kgs / DayPlant & machinery: Rs 120 lakhs
Working capital: -T.C.I: Cost of Project: Rs 571 lakhs
Return: 28.00%Break even: 57.00%
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Toughened Glass

Toughening is a process where the glass is heated at high temperatures to make it stronger and more resistant to breakage. This process creates a balance in the product’s internal stresses, so that when the glass is broken, it would crumble into tiny granular chunks instead of breaking into sharp, jagged pieces. Toughened glass is a type of safety glass processed by controlled thermal or chemical treatments to increase its strength compared with normal glass. Toughened glass is a type of soda-lime-silica glass with a sheet thickness 4-12 mm. The sheet has a central tensile stress of 500-1200 kg/cm2 and a ratio of surface compressive stress to central tensile stress of 2:1 to 4:1. The article is toughened by heat exchange with an oil (or chilled air) in which these are maintained from 0.01–0.07 % liquid. The boiling point liquid may be an organic liquid such as carbon tetrachloride, methanol, benzene, toluene, trimethyl alcohol, ethyl alcohol or Xylene etc. The current market size of flat glass industry in India is 1.32 MN tonne annually. Indian glass industry consists as elsewhere of a number of distinct segments: architecture (45% market share), automotive (15% market share), and value added glass (10% market share), mirrors and furniture (15% market share), respectively. The total market of glass valued at Rs. 340 bn in 2015. The industry is growing at around 15% per annum. Consumption per capita of glass in India is only 1.2 kg compared 15 kg in China, 9 kg in developed countries and 35 kg in the USA. The global glass market size was valued at USD 68.71 billion in 2014. It is expected to attain a CAGR of nearly 7.1% from 2015 to 2022. Increasing use of flat glass in photovoltaic modules, solar panels and e-glass owing to rising need for clean energy is anticipated to be one of the key trends escalating market growth. Toughened Glass Market size was over USD 24.5 billion in 2016 and industry expects consumption above 4.3 billion square meters by 2024. Increasing demand for furniture including table tops, shelves and cabinets and other interior applications should stimulate toughened glass market size. Toughened glass market size from furniture applications should witness significant gains up to 2024 owing to increasing demand for innovative furniture designs for interior applications accompanied with improving lifestyle patterns of consumers. Few Indian major players are as under Atul Glass Inds. Ltd Floatglass India Ltd. Friends Glass & Glazing Pvt. Ltd. Saint-Gobain Sekurit India Ltd. Gold Plus Glasses India Ltd. Sisecam Flat Glass India Pvt. Ltd. Triveni Glass Ltd Triplex Glass Works Pvt. Ltd
Plant capacity: Toughened Glass (Size of Sheet 8 ft x 12 ft.): 4,000 Sq. Ft. / DayPlant & machinery: Rs 332 lakhs
Working capital: -T.C.I: Cost of Project : Rs 939 lakhs
Return: 24.00%Break even: 46.00%
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Pasta and Macaroni

Pasta is a food that is loved by people of all age group. It is not just easy to make but can be a healthy food option when combined with veggies and nutritious sauces. This food is not just tasty but also has an interesting production process. The production process can be divided into a series of steps and has three key factors. The list of factors that influences the quality of production are raw material, presence of skilled employees and processing technology. Macaroni is dry pasta shaped like narrow tubes. Made with durum wheat, macaroni is commonly cut in short lengths; curved macaroni may be referred to as elbow macaroni. Some home machines can make macaroni shapes, but like most pasta, macaroni is usually made commercially by large-scale extrusion. The curved shape is created by different speeds of extrusion on opposite sides of the pasta tube as it comes out of the machine. Macaroni is a variety of pasta and is used to make various pasta recipes. Macaroni can be substituted in many recipes which call for other types of pasta like penne, fusilli, rigatoni etc. According to “India Pasta Market By Product Type, By Shape Type, By Distribution Channel, Competition, Forecast & Opportunities, 2013-2023” pasta market stood at over $ 178 million in 2017 and is projected to grow at a CAGR of around 17% to reach $ 453 million by 2024 on account of increasing awareness about health benefits of pasta as it is made of semolina durum wheat and not from refined flour. The primary factors catalyzing the growth of the pasta market in India include rising urbanization, changing lifestyles and surging demand for ready-to-eat products. In addition to this, the market is also influenced by an increasing women employment rate coupled with rising disposable incomes. Further, the health-conscious consumers are demanding food products with healthier ingredients, which has led to a rise in the demand for pasta made with whole-wheat and quinoa. Some of the other forces that have been proactive in maintaining the market growth are longer shelf-life and ease of preparation. The primary factors catalyzing the growth of the pasta market in India include rising urbanization, changing lifestyles and surging demand for ready-to-eat products. In addition to this, the market is also influenced by an increasing women employment rate coupled with rising disposable incomes. Further, the health-conscious consumers are demanding food products with healthier ingredients, which has led to a rise in the demand for pasta made with whole-wheat and quinoa. Some of the other forces that have been proactive in maintaining the market growth are longer shelf-life and ease of preparation. Few Indian major players are as under Weikfield Foods Pvt. Ltd. Venkatramana Food Specialities Ltd Nestle India Ltd. M T R Foods Pvt. Ltd. Fieldfresh Foods Pvt. Ltd. Capital Foods Pvt. Ltd. Bambino Food Inds. Ltd. Bambino Agro Inds. Ltd.
Plant capacity: Pasta (1 Kg Pack): 13,000 Packs / Day Macaroni (1 Kg Pack): 13,000 Packs / DayPlant & machinery: Rs 863 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1300 lakhs
Return: 12.00%Break even: 65.00%
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Moringa Oleifera (Drumstick) Powder

Moringa Oleifera is the most widely cultivated species of the genus Moringa, which is the only genus in the family Moring aceae. English common names include: moringa, drumstick tree (from the appearance of the long, slender, triangular seed-pods), horseradish tree (from the taste of the roots, which resembles horseradish), ben oil tree, or benzoil tree (from the oil which is derived from the seeds). The powder prepared from drumstick can be used as a flavoring agent for various non-vegetarian dishes to enhance the flavour of chicken or meat and can also be used for drumstick soup preparation by adding spice powder and other ingredients. In addition it can also be used as a thickening agent for Sambar and chutney preparation, instant soup powder and in parotta along with potato as a flavour enhancer. India is the largest producer of moringa, with an annual production of 1.1 to 1.3 million tonnes of fruits from an area of 380 km². Among Indian states, Andhra Pradesh leads in both area and production (156.65 km²) followed by Karnataka (102.8 km²) and Tamil Nadu (74.08 km²), a pioneering state having varied genotypes from diversified geographical areas and introductions from Sri Lanka. Drumstick is one of the world’s most useful trees with potential to improve nutrition, boost food security, and foster rural development and support sustainable land care. From leaves and root to pods and seeds, all parts of the drumstick tree are highly edible. The increasing awareness about the health advantages of moringa products will be one of the major factors that will have a positive impact on the global moringa products market during the forecast period. Over the years, moringa products such as moringa leaf powder have seen a growth in the sales in the global market. The rising health awareness in countries such as Europe and Americas have given rise to the increasing usage of moringa products by the consumers. This will drive the moringa products market future growth till 2022. India is the prevalent producer of Moringa with an annual production of 1.3 million tonnes of tender fruits from an area of 38,000ha. Among the states, Andhra Pradesh leads in both area and production (15,665 ha) followed by Karnataka (10,280 ha) and Tamil Nadu (7,408 ha). In other states, it occupies an area of 4,613 ha. The drumstick is valued mainly for its tender pods, which are relished as vegetable but all its parts – bark, root, fruit, flowers, leaves, seeds and even gum – are of medicinal value. They are used in the treatment of as cites, rheumatism and venomous bites as antiseptic and as cardiac and circulatory stimulants. India is the largest producer of drumstick with an annual production of 1.1 to 1.3 million tonnes grown over 38,000 hectares. Gujarat state provides a large market for drumstick. All districts in Maharashtra, Indore, Gwalior, Madras, Kerala whole of South India, Uttar Pradesh provide a good potential for inland Market. In pharmaceutical there are number of verticals but nutraceutical is an area which is growing at faster speed in India due to awareness for healthcare. Increased life span in India and growing population of senior citizens has increased the demand for nutraceutical products and their ingredients like drumstick powder. It is estimated that nutraceuticals demand is growing at the rate of 10% per annum. Drumstick is a natural medicine for nourishment & digestive disorder. Moringa leaves and pods can help decrease developing countries’ dependence on imported goods, such as vitamin and mineral complexes that ward off nutritional deficiency but are too expensive to be used in a sustainable way. Originated from India, moringa trees are now found in Ghana, the Philippines, Nigeria, Kenya, Rwanda, Niger, Mozambique, Cambodia and Haiti. Today, the moringa market globally is estimated at more than Rs 27,000 crore, which is expected to cross Rs 47, 250 crore by 2020, growing at a rate of nine per cent per year. Few Indian major players are as under Ayurvedic Pharmaceutical Co. Ltd. Ayurvedshri Herbals Ltd. Ganga Pharmaceuticals Ltd. Gayatri Herbals Pvt. Ltd. Indian Medicines Pharmaceuticals Corp. Ltd. Heal Ayurveda Pharmacy Ltd. Kerala Ayurveda Ltd. Indus Biotech Pvt. Ltd. Surya Herbal Ltd. Sanatan Herbal & Naturals Ltd.
Plant capacity: Drumstick (Moringa Oleifere) Powder: 400 Kgs / DayPlant & machinery: Rs 31 lakhs
Working capital: -T.C.I: Cost of Project : Rs 71 lakhs
Return: 29.00%Break even: 71.00%
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Biodegradable Plastic Bags from Corn & Cassava Starch

Corn starch has 25% amylose and 75% amylopectin. The amylose molecules loose lose water increase biodegradation characteristic and amylopectin molecule is responsible for plasticizer properties. Their granule size ranges between 5 to 20 microns. i.e. good absorption capacity, rapid gel formation & good strength. Starch is used to produce such diverse products as food, paper, textiles, adhesives, beverages, confectionery, packaging, pharmaceuticals, and building materials. Cassava starch has many remarkable characteristics, including high paste viscosity, high paste clarity, and high freeze-thaw stability, which are advantageous to many industries. Cassava starch could be used for making various types of packaging products. As a major source of starch in tropical and subtropical regions, cassava is a promising raw material for the development of biodegradable plastics in these areas. Biodegradable packaging sector is a small segment which represents a merger percentage of the packaging industry. The global biodegradable packaging has now moved on towards more advanced and efficient packaging. A decade ago, biodegradable packaging was not known to have any real significance. However, recently biodegradable packaging has become an integral part of the global packaging market. The rising consumer awareness towards biodegradable packaging has led to the tremendous growth of the overall market. Cassava bags are made by making PLA(Poly(lactic acid) or polylactic acid or polylactide (PLA) is a biodegradable and bioactive thermoplastic aliphatic polyester derived from renewable biomass, typically from fermented plant starch such as from corn, cassava, sugarcane or sugar beet pulp). These PLA resins (granules) are then added to a machine (film blower machine) and make the bio plastic sheets, then these bioplastics sheets are feeded into bag making machine and cut bags. The global biodegradable plastic packaging market was valued at USD 4.65 billion in 2019, and is expected to reach a market value of USD 12.06 billion by 2025, registering a CAGR of 17.04% during the forecast period of 2020-2025.Growing environmental concerns regarding plastic usage that consists of toxic pollutants which are harming plants, animals, and people are driving the use of biodegradable plastic. Stringent regulations by various government and federal agencies with an objective to reduce plastic waste and promote biodegradable plastics usage in packaging is boosting the demand of this market. Regulations related to green packaging is increasing and various FMCG companies are required to adopt biodegradable packaging to comply with the standards which in turn is propelling the growth of this market.
Plant capacity: Biodegradable Plastic Bags from Corn Starch (Per Bag 25 gms Size) : 6 MT / Day Biodegradable Plastic Bags from Cassava Starch (Per Bag 25 gms Size) : 6 MT / DayPlant & machinery: Rs 1053 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1768 lakhs
Return: 27.00%Break even: 51.00%
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