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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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Oxygen and Nitrogen Gas Plant (Medical and Industrial Grade)

Limelight used oxygen derived from sources such as the barium oxide Brin process. This process was based on the production of barium peroxide by roasting barium oxide in air at 590°C, then raising the temperature to 870°C. At 870°C the peroxide formed decomposes back into oxide, releasing more or less pure oxygen which can then be cooled and compressed into steel gas cylinders. Although crude, the process was ingenious in that it required no continuous input of raw materials other than air and energy. Oxygen is non corrosive and can be contained in any common metals. However care must be taken to remove all oil, grease and other combustible material from piping and containers before putting them into oxygen service. Nitrogen gas is a compound that forms from elemental nitrogen, which is found abundantly throughout the planet’s atmosphere and in most biochemical reactions. One of nitrogen’s unique properties is its ability to form multiple bonds with various other elements and compounds. Nitrogen is the chemical element with the symbol N and atomic number 7. It was first discovered and isolated by Scottish physician Daniel Rutherford in 1772, nitrogen is the principal gas in air (78%). Its first major industrial use lay in the manufacture of ammonia, used within the chemical industry as an intermediate for many compounds but especially nitrogenous fertilisers. In the combustion process, the oxygen in air is broken down to make carbon dioxide, water, and energy. Nitrogen is not an essential part of the process. In fact, nitrogen in air has negative impacts on combustion processes. Nitrogen gets heated by the reaction to very high combustion temperatures and is carried out through the flue. Essentially, the heated nitrogen leaving the flue is like throwing fuel out of the stack. Nitrogen blanketing is used to protect flammable or explosive solids and liquids from contact with air. Certain chemicals, surfaces of solids and stored food products have properties that must be protected from degradation by the effects of atmospheric oxygen and moisture. Protection is achieved by keeping these items in a nitrogen atmosphere. India industrial gases market was valued at $ 2.1 billion in 2017 and is forecast to grow at a CAGR of over 11% to surpass $ 3.9 billion in 2023 on account of growing demand from metal industry, particularly steel. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players • Air Liquide India Holding Pvt. Ltd. • Arrow Oxygen Ltd. • Bellary Oxygen Co. Pvt. Ltd. • Bhagawati Oxygen Ltd. • Bhilai Oxygen Ltd. • Govind Poy Oxygen Ltd. • Howrah Gases Ltd. • Linde India Ltd.
Plant capacity: 3200 cumtrs/DayPlant & machinery: Rs. 183 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 675 Lakhs
Return: 26.00%Break even: 50.00%
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Woven PP Cement Sacks

Woven polypropylene bags are specializing in packing and transporting bulk commodities. Due to strength, flexibility, durability and lower cost, woven polypropylene bags are most popular products in industrial package, which are widely used in packing grain, feeds, fertilizer, seeds, powders, sugar, salt, powder, chemical in granulated form. Polypropylene bags also referred as 'Polypropylene bags' or 'PP bags'. Woven, or weaving is a method by many threads or tapes woven in two directions (warp and weft), to form a fabric for plastic industry needs. In the plastic woven industry, with a plastic film is drawn into filaments, woven into fabric/sheet/cloth. It can be into a tarpaulin, woven bags, container bags, tons of bags, geotextiles fabric, and color of the cloth and so on. Polypropylene bags are versatile, attractive bags most commonly used for packaging small items such as beads and lollies. These bags can be sealed with a heat sealer like many other plastic bags. While polypropylene is similar to cello, polypropylene bags are much clearer with neater seals, and have the advantage of being less expensive than cello bags. PP woven bags are increasingly used to pack food. Common food woven bags include rice PP weaved bags, flour PP woven bags, maize woven bags, etc. Geotechnical engineering: PP woven fabrics are extensively used in the construction of irrigation works, roads, railways, ports, mines, buildings, and more. Having the functions of filtering, draining, isolation, and anti-seepage, PP woven fabrics are one of the most popular geo synthetics. The special woven bags also are used to serve some special purposes. For example, UV resistant woven bags have UV protection and anti-aging function, allowing them a longer lifespan in the sunlight. The global market for polypropylene woven bags and sacks market was valued at US$ 3,421.5 million in 2017. The market is expected to expand at a CAGR of 4.2% over the forecast period, 2018-2028. Thus, due to demand it is best to invest in this project.
Plant capacity: PP Woven Sacks (for Cement Bag 50 Kgs Size):258000 Nos/ day PP Woven Jumboo Sacks (for Cement Bag 1500 Kgs Size):956 Nos/day Plant & machinery: Rs. 566 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 891 Lakhs
Return: 14.00%Break even: 48.00%
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IV Cannulas Manufacturing Uni

Intravenous (IV) cannulation is a technique in which a cannula is placed inside a vein to provide venous access. Venous access allows sampling of blood, as well as administration of fluids, medications, parenteral nutrition, chemotherapy, and blood products. ‘Cannula exactly the same thing– a flexible tube inserted into the body to administer or withdraw fluids or to keep another tube patent. Intravenous cannulation is a technique in which a cannula is placed inside a vein to provide venous access. Venous access allows sampling of blood as well as administration of fluids, medications, parental nutrition, chemotherapy, and blood products. One of the IV cannula uses that changed the lives of individuals and helped clinical staff to perform intravenous treatments easily is with the presence of the Safety I.V cannula. Wellbeing I.V cannula. Implies a gadget that is utilized to flexibly liquids legitimately or in a roundabout way to the patient’s circulatory system. IV Cannula has veterinary use, nasal or oral use too. Cannula can also be used for piercing. The common uses are rapid transfusion of blood, transfusion of IV drugs. Pediatric patients or adults with small veins undergoing long term medication or blood transfusion are subjected to IV Cannula. It is also used on oncology patients undergoing Chemotherapy. Intravenous Cannulas allow the introduction or withdrawal of fluids from the human circulatory system. The short flexible and kink-resistant cannula is introduced into a blood vessel over a hollow introducer needle. It is also used on oncology patients undergoing Chemotherapy. The global peripheral I.V. cannula. Market was valued at $3,702.2 million in 2015, and it is expected to grow at a CAGR of 6.0% during the period 2016 – 2022. The global market is increasing, due to growing geriatric population and increasing incidence of chronic diseases. Entrepreneurs who invest in this project will be successful. Few Indian major players • Angi Plast Pvt. Ltd. • Global Medikit Ltd. • Hemant Surgical Inds. Ltd. • Hindustan Syringes & Medical Devices Ltd. • Mediplus (India) Ltd. • Smiths Medical India Pvt. Ltd.
Plant capacity: IV Cannula with Wings & with Injection Port Needle: 40000 pcs/day IV Cannula with Wings & with Injection Port Needle: 32000 pcs/day IV Cannula with Wings & with Injection Port Needle: 32000 pcs/dayPlant & machinery: Rs.1705 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 14615 Lakhs
Return: 35.00%Break even: 31.00%
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Glucose Saline

Glucose, also known as dextrose, is a simple sugar that can be found in nature and are chemically identical. Dextrose may decrease body protein and nitrogen losses, promote glycogen deposition, and decrease or prevent ketosis if sufficient doses are given. Since dextrose is usually metabolized to carbon dioxide and water, administration of a solution of dextrose and water is equivalent to providing the same volume of free water. Dextrose is readily metabolized; it increases blood glucose concentrations and provides calories. Dextrose may decrease body protein and nitrogen losses, promote glycogen deposition, and decrease or prevent ketosis if sufficient doses are given. Since dextrose is usually metabolized to carbon dioxide and water, administration of a solution of dextrose and water is equivalent to providing the same volume of free water. Following oral administration, dextrose, a monosaccharide, is rapidly absorbed from the small intestine principally by an active mechanism. It used for balancing the body fluid and it is added to the human body to balance the body fluid by injection which will recover fatality of the human being and recover the inside body pressure. Treatment of discarded water and electrolyte metabolism, especially in severe cases. Therapy of acid base in balances. The volume substitution and volume replacement in surgery of accident victim suffering blood lose. Arenteral nutrition for severally ill and post-operative patients. Saline is also often used for nasal washes to relieve some of the symptoms of the common cold. The solution exerts a softening and loosening influence on the mucus to make it easier to wash out and clear the nasal passages for both babies and adults. In this case "home-made" saline may be used: this is made by dissolving approximately half a teaspoon of table salt into 8 ounces (approx. 240ml) of clean tap water. The global intravenous solutions market reached a value of US$ 8.5 Billion in 2019. IV solutions and electrolytes are mainly used for fluid resuscitation, routine maintenance, replacement, and redistribution. The Market size value in 2020 is USD 86.2 million and Revenue forecast in 2025 is USD 121.7 million is expected to exhibit a CAGR of 7.1% from 2018 to 2025. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players • Amanta Healthcare Ltd. • Baxter Pharmaceuticals India Pvt. Ltd. • Bayer Pharmaceuticals Pvt. Ltd. • Denis Chem Lab Ltd. • Meridian Enterprises Pvt. Ltd. • Pfizer Healthcare India Pvt. Ltd. • Pfizer Ltd. • Pharmacia Healthcare Ltd. • Shree Krishna Keshav Laboratories Ltd. • Vikrant Pharmaceuticals Ltd.
Plant capacity: 200000 Bottles/ dayPlant & machinery: Rs. 2170 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 4083 Lakhs
Return: 25.00%Break even: 37.00%
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Vitamin ‘C’ from Sorbitol

Vitamin c is chemically the simplest of the vitamins and for this reason was among the first to be isolated, characterized, and purified and to have its structure determined. More vitamin C is produced industrially than any other vitamin, or indeed all the other vitamins put together. Vitamin C has itself been said to have almost magical properties and it is useful to get a picture of the chemistry and biochemistry of this enigmatic compound. This has unearthed a rich vein of chemistry involving L-ascorbic acid as both a redox companion and as a complexion agent; indeed the reaction of L-ascorbic acid with oxygen and other oxidizing agents is catalyzed by transition metal ions, especially copper (II), so that sometimes solution are stabilized by the addition of EDTA, which complexes the metal ions and arrests the catalysis. It is one of the few pure chemical compounds which is taken routinely by human beings in gram quantities (a possible challenger is sugar). It appears to have no harmful effects even in these large amounts and it is a medicine which it is a pleasure to take, especially in the form of fruit or vegetables. Its role (as a constituent of fruits and vegetables) in the cure and prevention of scurvy was widely debated for hundreds of years. Ascorbic acid is generally used in bread due to its properties that help extend shelf life, high profile industrial bakers such as Hovis and Kings mill both use ascorbic acid in the majority of their loaves. Using ascorbic acid in an industrial bakery can contribute to higher profit yields, lower production times and higher buyer satisfaction longer shelf life, reduced number of damaged loaves during transport. The global Ascorbic Acid market is expected to witness moderate growth over the forecast period on account of increasing demand from pharmaceutical industry. The majority of ascorbic acid manufactured is used as an antioxidant. The major end-user industries of ascorbic acid are pharmaceuticals, food & beverages, personal care, and others. The pharmaceutical industry is the largest consumer of ascorbic acid. Vitamin C helps to recycle vitamin E. The presence of a broad distribution network of companies in this region will boost the Asia Pacific vitamin ingredients market in the near future. Analysts predict this regional market to rise at a CAGR of 5.40% from 2017 to 2025 in terms of value. Entrepreneurs who invest in this project will be successful. Few Indian major players • Dishman Pharmaceuticals & Chemicals Ltd. • Glaxosmithkline Pharmaceuticals Ltd. • Gulshan Polyols Ltd. • Kasyap Sweetners Ltd. • M S Healthcare Pvt. Ltd. • Pfizer Healthcare India Pvt. Ltd. • Pfizer Ltd. • Procter & Gamble Health Ltd. • Unicorn Organics Ltd.
Plant capacity: 600 kg/dayPlant & machinery: Rs. 371 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 717 Lakhs
Return: 24.00%Break even: 50.00%
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Lithium Ion (LiFePO4) Cell Manufacturing

The Lithium Iron Phosphate Battery (LiFePO4 battery) or LFP Battery (lithium ferrophosphate), is a type of lithium-ion battery using LiFePO4 as the cathode material (on a battery this is the positive side), and a graphitic carbon electrode with a metallic backing as the anode. Cylindrical lithium cells are used for high specific energy density and good mechanical stability. Li-ion batteries have a higher energy density when compared to other rechargeable batteries. Li-ion batteries are composed of four main components namely cathode, anode, electrolyte, and separator. Lithium-ion battery generates electricity because of continuous reactions of lithium Li-ion Batteries have high power capacity without being too bulky. Lithium ion batteries are thus used in electronic equipment like mobile phones and laptops, which need to operate longer between charges while consuming more power and need batteries with a much higher energy density. Memory effect refers to as the process of losing maximum energy capacity of rechargeable batteries due to repeated recharges after being only partially discharged. They are used in telecommunication equipment, instruments, portable radios and TVs, pagers. They are used to operate laptop computers and mobile phones and aerospace application. Also used in electric vehicles, cell phones, camcorders, lap-top and palmtop computers, portable electronic devices, etc. The li-ion batteries are used in cameras, calculators; they are used in cardiac pacemakers and other implantable device. They are used in telecommunication equipment, instruments, portable radios and TVs, pagers. The lithium iron phosphate batteries market, by application, is segmented on the basis of the end-users it caters. The portable segment was the largest market in 2018 owing to its increased demand from the automotive sector, which is the major demand-generating industry for lithium iron phosphate batteries. The market for lithium-ion battery in India is expected to grow at a CAGR of 34. 8% during the forecast period of 2019 – 2024. In addition to it, the lithium-ion battery has comfortable rechargeable property, lightweight, long-lasting; thus, it perfectly contributes to the electric vehicle market to grow in the forecast period. Thus, due to demand it is best to invest in this project. Few Indian major players • BYD Company Ltd. • A123 Systems LLC, • K2 Energy • Electric Vehicle Power System Technology Co., Ltd. • Bharat Power Solutions
Plant capacity: 25000 nos/dayPlant & machinery: Rs. 3618 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 4626 Lakhs
Return: 25.00%Break even: 39.00%
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Weaving of Fiberglass Fabric for Composites of Domestic as well as Export Markets (using e Class Imported Yarns)

Fiberglass is a popular material that is extremely versatile and is used in many aspects of our everyday lives. Next time you get on a plane or go down a waterslide or turn on the television you will be more knowledgeable about the construction as well as the amazing contributions of fiberglass. Highly flexible material it is used in various household products and industries. Some common places you can find fiberglass are air-craft, windows, roofing, boats and bathtubs. The implementation of fiberglass helped the boat industry tremendously due to the cost effectiveness of fiberglass materials. These positives surrounding fiberglass are also found in the cooling tower industry. Cooling towers tend to be moist areas that need protection from rust and corrosion. This versatile product is also used as screening to mark off dangerous areas. Fiberglass is a great material when it comes to making aviation equipment and ducts. Engine cowlings, bulkheads, storage bins and ground handling equipment all include fiberglass during their construction. Circuit board manufactures are also constructed with fiberglass as well as televisions, radios, computer and cell phones. Fiberglass is used to make a variety of everyday items, such as doors, swimming pools, surfboards, sporting equipment, and automobile bumpers, to name a few. Fiberglass and glass fibers are often combined with carbon, aramid, and other fibers to make specialty laminates or moldable fabrics for canoes, kayaks, and other high-strength, lightweight applications. The light yet durable nature of fiberglass also makes it ideal for more delicate applications, such as circuit boards. Plus, the excellent cost-performance relationship of these textiles makes them a natural choice for a wide range of applications. This high temperature insulation material makes for a great thermal barrier, proving its value and versatility. Fiberglass is widely implemented as a composite in jet engines and aircraft interiors as well as a solution for reducing aircraft weight. The light yet durable nature of fiberglass also makes it ideal for more delicate applications, such as circuit boards. Plus, the excellent cost-performance relationship of these textiles makes them a natural choice for a wide range of applications. The global fiberglass market is projected to grow from USD 11.5 billion in 2020 to USD 14.3 billion by 2025, at a CAGR of 4.5% from 2020 to 2025. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players • Everlast Composites Pvt. Ltd. • Goa Glass Fibre Ltd. • Jushi India Pvt. Ltd. • Magnus Composites Synergies Pvt. Ltd. • U P Twiga Fiberglass Ltd.
Plant capacity: 3,446 Sq. Mts./ DayPlant & machinery: Rs. 793 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1162 Lakhs
Return: 23.00%Break even: 44.00%
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Single Wall Steel Water Bottle

Water bottles are available in different shapes, colors, and sizes. The stainless steel bottle comes with a string to provide ease of carrying. Stainless steel fridge bottle is made from high-quality steel, food-grade and BPA-free stainless steel material that make the bottles safe for use on a regular basis. The taste and nutritive value of the drinks remains intact making the bottle very appropriate choice for storing beverages. Water bottles can be either disposable or reusable. Single-walled metal bottles readily transfer temperature of contents to external surfaces, which make them unsuitable for use with unusually hot or cold liquids. Double-walled metal bottles are insulated to keep cold liquids cold and hot liquids hot, without the external surface being too hot or too cold. Because double-walled bottles have more metal in them, they are more expensive. They are typically vacuum-insulated. Metal water bottles are growing in popularity. Made primarily from stainless steel or aluminium (aluminium), they are durable; retain less odor and taste from previous contents than most plastic bottles. Double-walled metal bottles are insulated to keep cold liquids cold and hot liquids hot, without the external surface being too hot or too cold. Because double-walled bottles have more metal in them. Single wall stainless steel water bottles prevent condensation and don’t allow sweat to happen. The outside of the bottle remains normal, even having cold water inside. The bottles have a single layer of steel that helps you keep drink hot or cold for long hours. Be it a chilled winter morning or a warm day at work, you can always have a refreshing sip of drink from these bottles. Steel bottles are environment-friendly and can be used for multiple years and do not end up in landfills owing to their 100% recyclability. Stainless steel water bottles can be used more than hundreds of times. You just need to clean them after one use, and they will be ready for the next use. Investing once in steel bottles, you don’t have to even think about reinvesting in them for like multiple years. The market is expected to reach INR ~403.06 Bn by the end of 2023, from its current value of INR ~160 Bn, expanding at a compound annual growth rate (CAGR) of ~20.75% from 2018. Based on volume, the market is likely to reach ~35.53 Bn liters by 2023, expanding at a CAGR of ~18.25% from 2018 to 2023. Entrepreneurs who invest in this project will be successful. Few Indian major players • Borosil Ltd. • Cello International Pvt. Ltd. • Hamilton Housewares Pvt. Ltd. • M-Pol Industries Bangalore Pvt. Ltd. • Nirlon Ltd.
Plant capacity: 2,000 nos/ dayPlant & machinery: Rs. 138 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 439 Lakhs
Return: 29.00%Break even: 64.00%
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Magnesium Powder from Dolomite Stone

Magnesium (Mg) is a silvery white metal that is similar in appearance to aluminium but weighs one-third less. Magnesium is strongly reactive with oxygen at high temperatures; above 645°C (1,190°F) in dry air, it burns with a bright white light and intense heat. For this reason, magnesium powders are used in pyrotechnics. At room temperature, a stable film of water-insoluble magnesium hydroxide forms on the metal’s surface, protecting it from corrosion in most atmospheres. The highly reactive metal is used in the manufacture of reagents, which are essential in modern metal processing. But Magnesium allows for so much more. As an example: The bonding of powder molecules by atomic diffusion process in the shaping production of components by pressure or sintering, will result in components superior to other metals with regard to their characteristics. In particular their weight is a clear benefit. magnesium powder is widely used in such scientific areas as military and aviation industries, The chemical performance of magnesium is very active, which is mostly used in metallurgical industry. Magnesium powder can serve as desulfurizer or cleaning agent for steel-making industry and casting of non-ferrous metals, and reducer for production of rare metal. In chemical industry, magnesium powder can be used as dehydrator for organic compound or to directly make organic compound of magnesium. Magnesium allows the bonding of powder molecules by atomic diffusion process in the shaping production of components by pressure or sintering, will result in components superior to other metals with regard to their characteristics. In particular their weight is a clear benefit. Magnesium powder can serve as desulfurizer or cleaning agent for steel-making industry and casting of non-ferrous metals, and reducer for production of rare metal. Magnesium powder is an essential nutrient for plant growth; it enhances food quality. Magnesium (Mg) plays a vital role in chlorophyll formation and photosynthesis. It influences various metallic processes and reactions such as photophosphorylation (i.e., ATP formation in chloroplasts), photosynthetic carbon dioxide (CO2) fixation, protein synthesis, partitioning and utilization of photo-assimilates, generation of reactive oxygen species, and photooxidation in leaf tissues. The market in Asia-Pacific dominated the global market with a share of over 40% in 2018 and is projected to register the highest CAGR of over 6.5% during the forecast period. The Global Magnesium Powder Market is projected to register a healthy CAGR of 5.50% to reach USD 1,334.6 Million by the end of 2024. Thus, due to demand it is best to invest in this project.
Plant capacity: 166.7 MT/dayPlant & machinery: Rs. 4160 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 13904 Lakhs
Return: 26.00%Break even: 72.00%
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Trichloroisocyanuric Acid

Trichloroisocyanuric acid is an organic compound with the formula (C3Cl3N3O3). It is used as an industrial disinfectant, bleaching agent and a reagent in organic synthesis. Trichloroisocyanuric acid (TCCA) is a versatile and efficient reagent for chlorination and oxidation reactions. Depending on the reaction conditions employed, it can release either an electrophile chlorine atom (Cl+) or a radical chlorine atom (Cl.) promoting selectively different pathways of reaction. It was effectively used to synthesize many classes of compounds such as: chlorinated arenes, N?chloramines and amides, ??halo?carbonyl compounds, benzyl chlorides, esters, carboxylic anhydrides, and amides. It is widely used in civil sanitation for pools and spas, preventing and curing diseases in animal husbandry and fisheries, fruit and vegetable preservation, wastewater treatment, as an algaecide for recycled water in industry and air conditioning, in anti shrink treatment for woolens, for treating seeds and in organic chemical synthesis. It is used in chemical synthesis as an easy to store and transport chlorine gas source, it is not subject to hazardous gas shipping restrictions, and its reaction with hydrochloric acid produces relatively pure chlorine. Trichloroisocyanuric acid as used in swimming pools is easier to handle than chlorine gas. It dissolves slowly in water, but as it reacts, cyanuric acid concentrations in the pool will build-up. It is used in chemical synthesis as an easy to store and transport chlorine gas source, it is not subject to hazardous gas shipping restrictions, and its reaction with hydrochloric acid produces relatively pure chlorine. Intensifying demand for safe and treated water across the Asia Pacific region for constraining diseases that is innate from polluted water. Such factor is expected to significantly driving the trichloroisocyanuric acid market growth during the forecast period. Moreover, the positive impact of various regulations and standards regarding safe water infrastructure and system across North America and European region are also projected to lay a strong base for trichloroisocyanuric acid market growth in the upcoming years. The Middle East and Africa and Latin America are projected to witness robust growth in the global trichloroisocyanuric acid market during the forecast period. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players • Aditya Birla Chemicals • Kashyap Industries
Plant capacity: Trichoroisocyanuric Acid: 16.7 MT/day Hydrochloric Acid 32% by product: 24.5 MT/dayPlant & machinery: Rs.178 Lakhs
Working capital: -T.C.I: Cost of Project: Rs.1095 Lakhs
Return: 31.00%Break even: 73.00%
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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