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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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Start Business of Feldspar Processing. Business Opportunities in Minerals Industry.

The majority of the things we use on a daily basis are produced of feldspar, the most abundant mineral group in the earth's crust. Feldspars are particularly useful in industrial processes because they contain both alkali and alumina. Feldspar alumino-silicates operate as a flux, lowering the verification temperature and providing alumina, which increases hardness, durability, and chemical corrosion resistance in ceramic wares, electrical porcelain, and all types of glass and fibre insulation. Feldspars are employed as functional fillers in the paint, plastic, rubber, and adhesive industries, as well as as fluxing agents in ceramics and glass manufacture. Feldspars form intrusive and extrusive igneous rocks from magma, and they're also found in a variety of metamorphic rocks. The rock is almost entirely made up of calcic plagioclase. Anorthosite is a kind of feldspar. Feldspars can be found in a wide variety of sedimentary rocks. In the glass and ceramics industries, feldspars are frequently employed. Plagioclase feldspars are less widely used in commercial applications than alkali feldspars. Albite, often known as soda spar, is a mineral used in ceramics. As both interior and external facing slabs, the feldspar-rich rocks larvikite and a few anorthosites are used. A number of feldspars are also utilised as jewels. Moonstone, for example, refers to variations with opalescence. Labradorite with powerful colour flashes is known as spectrolite. Sunstone (oligoclase or orthoclase) is often yellow to orange to brown in colour, with a golden sheen caused by reflections from red hematite inclusions. Amazonite, a green microcline variant, is used as a decorative material. Sanidine is found in extrusive felsic igneous rocks including rhyolite and trachyte as phenocrysts (huge visible crystals). It suggests that the rocks cooled swiftly following their eruption. Sanidine is also used as a marker for sanidinite hornfels or facies in high-temperature contact metamorphism. The global feldspar market was valued at USD 682.7 million in 2020, with a CAGR of 6.1 percent predicted during the forecast period. Rapidly rising demand for ceramic tiles in countries throughout the world, increasing use of feldspar in the glass sector, and increasing government investments in construction activities and infrastructure projects in established and developing nations are all driving market growth. Other significant drivers driving Market growth include the rapid increase in investments for the development, improvement, and renovation of residential and commercial infrastructure and buildings. Feldspars are a collection of rock-forming tecto silicate minerals that account for approximately 41% of the continental crust's weight. Feldspar works as a fluxing agent, lowering the melting temperature of quartz and regulating glass viscosity. Plagioclase Feldspar and K-Feldspar are two different types of feldspar. Different varieties of feldspar can be distinguished based on the presence of distinct inorganic minerals. The two key minerals that distinguish the varieties of feldspar are sodium and potassium. Plagioclase feldspar is a white mineral that is used as a filler in paints, coatings, plastics, and other products. The presence of numerous chemical compounds and minerals in feldspar, such as sodium oxide, potassium oxide, and alumina, help to promote its importance and use in the glass and ceramics industries. Other significant drivers driving the feldspar market's growth include increased demand for glass and ceramic materials, welding rod coatings, and extenders and fillers in the paint sector. Market Furthermore, rising development and construction activity in the residential sector, as well as rising demand for electronics items, are projected to boost market expansion to a large extent in the future. The global feldspar market was estimated at USD 1.61 billion in 2019, with a compound annual growth rate (CAGR) of 4.9 percent predicted from 2020 to 2027. The characteristics of the glass and ceramics sectors have a significant impact on market growth. The product's unique chemical ingredients, such as potassium oxide, sodium oxide, and alumina, play an important role in encouraging its use in the glass and ceramics industries. The product is primarily utilised in glassmaking and ceramics filler applications in its ground form ranging from 20 mesh to 200 mesh. Over the recent decade, China's demand for feldspar has increased significantly. The product's alumina component provides exceptional corrosion resistance, while alkalis give heat resistance. The substance is widely utilised in glassmaking due to its great characteristics. In 2019, Asia Pacific dominated the market, accounting for roughly 48.0 percent of worldwide revenue. The presence of a robust glassmaking and ceramics industry in the region is projected to influence feldspar market growth in Asia Pacific. Because of China's and India's thriving economies, the region has experienced consistent economic growth. Both countries are among the largest construction and automotive markets in the world. This will provide a steady platform for the glassmaking industry to mature, which would likely drive the growth of the feldspar market space in Asia Pacific.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Production Business of Blood Collection Tubes (Vacutainer)

A vacuum blood collection tube is a sterile glass or plastic test tube with a stopper that creates a vacuum inside the tube, allowing for the visualization of a predefined volume of liquid. The vacuum blood collection tube prevents needle stick injuries by preventing needles from coming into touch with humans and so being infected. In the vacuum blood collecting tube, a double-pointed needle is attached to a plastic tubular adaptor. Double-pointed needles are available in a wide range of gauge sizes. The needle's length ranges from one to one and a half inches. Vacuum blood collection tubes, which are used to preserve blood for treatment in a medical laboratory, may contain other materials. A vacuum blood collection tube is routinely used in clinics and laboratories to retain blood for future testing. A replacement for vacuum blood collection tubes that can preserve blood for testing purposes for an extended period of time has been created. Tubes for collecting blood under vacuum exist in a variety of diameters and specimen types. The vacuum created when a needle punctures the cap of a blood collection tube dissipates over time, and blood does not flow into the tube. With a CAGR of 7.1 percent from 2020 to 2025, the Blood Collection Tubes Market is expected to reach $2.81 billion by 2025. Many ailments necessitate the use of blood to diagnose and treat them. The blood processing process includes the collection, storage, and management of blood after it has been acquired from a donor. The blood collection tubes, also known as vacationers, are sterilised and include a safety-engineered stopper with several labelling options, including the volume and the colour of the caps, which indicate the additives in the tube. The rising usage of blood samples in diagnostics and the need for blood components in medical procedures are driving the need for blood collection tubes. Few Indian Major Players 1. Becton Dickinson India Pvt. Ltd. 2. Hindustan Syringes & Medical Devices Ltd. 3. Kriya Medical Technologies Pvt. Ltd. 4. Narang Medical Ltd. 5. Poly Medicure Ltd.
Plant capacity: Blood Collection Tubes (Vacutainer) 13x100 with EDTA: 100,000 Nos per day Blood Collection Tubes (Vacutainer) 13x75 Plain: 100,000 Nos per dayPlant & machinery: 345 Lakhs
Working capital: -T.C.I: Cost of Project: 983 Lakhs
Return: 30.00%Break even: 51.00%
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Lucrative Industry of Electric Motors

A machine that converts electricity into mechanical energy is known as an electric motor. Some motor manufacturers, particularly those producing sizes of 5 hp and higher, finish-machine the bearing journals and rotor diameter as a rotor assembly. The bearing journals and rotor diameter are properly matched with this technique. In most electric motors, the interaction between the magnetic field of the motor and the electric current in a wire winding generates force in the form of torque applied to the motor's shaft. Some of the applications for electric motors are listed below. • Electrical motor applications include blowers, fans, machine tools, pumps, turbines, power tools, alternators, compressors, rolling mills, ships, movers, and paper mills. • HVAC (heating, ventilation, and air conditioning), home appliances, and motor vehicles all employ electric motors. The Indian market for electric motors is highly fragmented due to the presence of a large number of participants, including large corporations and small and medium-sized firms. The India Electric Motors Market is estimated to grow at a CAGR of 5.9% over the next five years, from 2020 to 2026. Electric vehicles' growing popularity is boosting the global and Indian electric motor markets to new heights. Demand for automotive electric motors is expected to rise in the coming years as gasoline prices rise and strict rules aimed at reducing air pollution levels across the country are enacted. In addition, the FAME II programme for 100 percent vehicle electrification, the Make in India programme, and other initiatives targeted at assisting India in achieving its goal of becoming a global manufacturing hub will continue to fuel demand for electric motors in the country. Few Indian Major Players 1. A B G Motors Ltd. 2. Brook Crompton Greaves Ltd. 3. Hyoseong Electric India Pvt. Ltd. 4. Jem Industries Ltd. 5. Lakshmi Electrical Drives Ltd. 6. Manmir Engineering Inds. Ltd. 7. Marathon Electric India Pvt. Ltd.
Plant capacity: 5 KW Three Phase Induction Motors 120 Nos Per Day 10 KW Three Phase Induction Motors 120 Nos Per Day 10 KW Brushed DC Motors 120 Nos Per Day Automated Water Pump 5 KW Three Phase Induction Motors 120 Nos Per DayPlant & machinery: 467 Lakhs
Working capital: -T.C.I: Cost of Project: 3949 Lakhs
Return: 26.00%Break even: 41.00%
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Set up an Trading Business (Potato Powder, Onion Powder, Capsicum Powder, Ginger Powder and Curcumin Powder)

A core economic concept is the buying and selling of commodities and services, with remuneration paid by a buyer to a seller, or the exchange of goods or services between parties. Trade can take place between producers and consumers within an economy. Governments can use international trade to create new markets for goods and services that would otherwise be unavailable. As a result of overseas trade, the market is more competitive, resulting in reduced pricing for customers at home. Trade marketing is a broader marketing discipline that focuses on generating demand with supply chain partners such as wholesalers, retailers, and distributors, rather than directly with customers. Potatoes are the fourth most extensively produced crop after wheat, rice, and corn. They have the most starch extracted per hectare of grown grain, 6.5 tonnes! Potatoes come in a range of shapes and sizes, but ones with a lot of starch are the finest for this. Because these potatoes are heavy in fibre and take a long time to digest, they're great for avoiding colon cancer. Potato powder is a gluten-free starch powder made from potatoes. All around the world, onions are widely farmed and consumed. Onion powder is made from crushed dehydrated onions that are grown naturally, without the use of chemical pesticides, herbicides, or artificial fertilisers. It has a strong onion flavour and may be used in a wide range of dishes, making it a culinary necessity. Because of its high nutrient content, onion powder has a variety of health advantages, including 10 percent or more of your daily vitamin C, vitamin B6, and manganese requirements. The Capsicum genus of pepper plants includes sweet peppers like bell peppers. Nightshade peppers, like eggplant, potatoes, and tomatoes, are nightshade vegetables. Although this vegetable is native to the Americas, it is produced and used all over the world in international cuisines and as a natural medicine. Capsicums are sweet and tangy, although green varieties are bitterer. Ginger is one of the healthiest spices available, as it is high in nutrients and bioactive compounds that benefit our bodies and minds. Shunthichurna, or dry ginger powder, is a spicy powder prepared from dried ginger roots with a strong flavour. It increases Pitta dosha while balancing Vata and Kaphados doshas. Due to its medicinal properties, Shunthichurna is used in a range of Ayurvedic formulations. Turmeric's greatest physiologically active phytochemical component is curcumin. It has been extracted, concentrated, standardized, and thoroughly researched. Curcumin, the yellow pigment in turmeric, was found around two centuries ago, and its structure as diferuloylmethane was established in 1910. According to significant research undertaken over the last half-century, Curcumin is responsible for the renowned variety of medical advantages traditionally associated with Turmeric. Few Indian Major Players 1. Abans Enterprises Ltd. 2. Chothani Foods Ltd. 3. Mansi International Pvt. Ltd 4. N H C Foods Ltd. 5. Olam Agro India Pvt. Ltd.
Plant capacity: Potato Powder 40 Kgs Per Day Capsicum Powder 40 Kgs Per Day Curcumin Powder 40 Kgs Per Day Ginger Powder 40 Kgs Per Day Onion Powder 40 Kgs Per Day Plant & machinery: 1Lakhs
Working capital: -T.C.I: Cost of Project: 27 Lakhs
Return: 30.00%Break even: 77.00%
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Emerging Business of Sodium Bicarbonate and Acetic Acid

The formula for the chemical compound sodium bicarbonate is NaHCO3. It's a salt with sodium and bicarbonate ions in it. Sodium bicarbonate is a crystalline white powder that is commonly used in baking. It has a salty, alkaline flavour, comparable to washing soda (sodium carbonate). It's also known as baking soda, bread soda, cooking soda, and bicarbonate of soda. Acetic acid, sometimes known as ethanoic acid, is a clear, acidic liquid with the chemical formula CH3COOH (also written as CH3CO2H, C2H4O2, or HC2H3O2). Apart from water, vinegar contains a minimum of 4% acetic acid by volume, making it the most essential component. Acetic acid is the second most basic carboxylic acid (after formic acid). It's a common chemical reagent and industrial chemical used in the production of cellulose acetate for photographic film, polyvinyl acetate for wood glue, and synthetic fibres and fabrics, among other things. The sodium bicarbonate market is predicted to grow at a CAGR of 4.95 percent from US$1.464 billion in 2019 to US$2.053 billion in 2026. Sodium bicarbonate is also known as baking soda or sodium hydrogen carbonate. It has a cooling, somewhat salty flavour and comes in the form of white crystalline powder or granules. It is slightly soluble in water. It's a common ingredient in baking and can also be found in a wide range of detergents and cleaning goods. The market is predicted to gain from increased bakery and detergent usage during the forecast period. An rise in demand for over-the-counter drugs is expected to help the sodium bicarbonate industry. The global acetic acid market was valued at USD 8.92 billion in 2019, with a 5.2 percent compound annual growth rate (CAGR) expected from 2020 to 2027. The market is predicted to develop due to rising demand for the product from Vinyl Acetate Monomer (VAM) firms all over the world. VAM absorbs the vast majority of acetic acid produced worldwide. In a gas phase process, VAM is generated by reacting acetic acid with ethylene and oxygen in the presence of a palladium catalyst. VAM is polymerized to form polyvinyl acetate or other polymers, both of which are important components in the paint industry, and a significant amount of the vinyl acetate monomer produced is used in paint and coatings. Few Indian Major Players 1. Acuro Organics Ltd. 2. D C W Ltd. 3. G H C L Ltd. 4. Godavari Biorefineries Ltd. 5. Gujarat Narmada Valley Fertilizers & Chemicals Ltd. 6. Helm India Pvt. Ltd.
Plant capacity: Sodium Bicarbonate 100.0 MT Per Day Acetic Acid 150.0 MT Per DayPlant & machinery: 7051Lakhs
Working capital: -T.C.I: Cost of Project: 10501 Lakhs
Return: 24.00%Break even: 69.00%
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Opportunities in Business of Carbonated Health Drinks

Carbonated drinks, often known as bubbly drinks, are carbonated beverages that contain dissolved carbon dioxide. The outcome of CO2 dissolving in a liquid is fizz or effervescence. In most cases, high-pressure carbon dioxide is employed in the procedure. The carbon dioxide is released as little bubbles when the pressure on the solution is relieved, causing the solution to become effervescent, or fizzy. A common example is the solubility of carbon dioxide in water, which results in carbonated water. Because carbon dioxide is only weakly soluble in water, it separates as a gas when the pressure is removed. The Food and Drug Administration (FDA) is in charge of ensuring that carbonated soft drinks are safe, hygienic, and accurately labelled. The FDA has defined Current Good Manufacturing Practices (CGMPs) for carbonated soft drinks, which outline the basic processes that producers and distributors must follow to guarantee that carbonated soft drinks are safe. Carbonated water is water that has had carbon dioxide gas pumped into it by manufacturers. The buzz you get from sparkling water is similar to that of a soda, but without the calories and sugar. The majority of carbonated water producers employ natural flavours. The following are some common names for carbonated water: • Sparkling Water • Soda Water • Club Soda • Fizzy Water • Seltzer Water Energy drinks are commonly consumed by adolescents because they claim to improve their performance, endurance, and attentiveness. When it comes to the ingredients in energy drinks and their advantages, the industry might want to reevaluate what customers really need. As a result of increased urbanisation, rising disposable income, and growing health concerns among Indian youth, demand for non-carbonated drinks known as energy drinks has soared. Long and irregular work hours, as well as a growth in the number of social gatherings, are prompting Indian consumers to use energy drinks, which are mostly classified as non-alcoholic caffeinated beverages and sports drinks. As a result of changing consumer habits and growing demand for alcohol mixers, energy drink sales have soared in recent years. Few Indian Major Players 1. Aayush Food & Herbs Ltd. 2. Dabur India Ltd. 3. Herbalife International India Pvt. Ltd. 4. Organic India Pvt. Ltd. 5. Patanjali Ayurved Ltd. 6. Tata Consumer Products Ltd.
Plant capacity: Carbonated Health Drinks Size 250 ml 8,000 Packs Per Day Carbonated Health Drinks Size 330 ml 4,000 Packs Per Day Carbonated Health Drinks Size 500 ml 4,000 Packs Per DayPlant & machinery: 49 Lakhs
Working capital: -T.C.I: Cost of Project: 299 Lakhs
Return: 31.00%Break even: 59.00%
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Manufacturing of uPVC Profiles for Doors and Windows

Unplasticized Polyvinyl Chloride (uPVC) is a one-of-a-kind material that meets all of the requirements. Its widespread use can be ascribed to the excellent combination of properties it offers. uPVC is used in about 80% of the world's windows today, according to the British Plastics Federation (BPF). The uPVC profile is a PVC extrusion that has been treated with additives to make it suitable for use in uPVC windows and doors. Stiffness, lightness, heat and weather resistance, durability, and low manufacturing costs helped uPVC become a huge commercial success. Its versatility and utility, particularly as a window framing material, continue to be praised by builders and architects. UPVC-based products are fire-resistant. This is because they contain more than 70% unplasticized uPVC, which turns to 57 percent chlorine when heated. This helps to the flame retardant's effectiveness. It also has a very high ignition temperature of 400oC, compared to 210oC for wood, and a 50 percent index, compared to 21% for wood. The UPVC window and door market has been increasing at a quicker rate in recent years, with significant growth rates. The global uPVC market was worth USD 43.32 billion in 2018, and is predicted to grow at a CAGR of 6.3 percent to USD 70.47 billion by 2026. Unplasticized PVC (uPVC) is also known as rigid PVC. 1. Scratch-resistant products are available. 1. The life span is infinite when used in normal conditions. 2. They are cost-effective when compared to high-quality wood and aluminium. 3. The goods are resistant to the majority of harsh chemicals, which is especially significant in environments with stringent sanitation requirements. They're ideal because they're easy to clean using strong chemicals. 4. They don't need to be maintained for as long as they're in use. 5. They are generally scratch resistant, and if scratches do occur, they are easily erased by rubbing. 6. The windows were created with the climate in mind. The profiles are made to respond to a wide range of conditions, including extreme heat and cold, as well as heavy rain. uPVC windows can be categorised in a number of ways. Doors are a must-have for anyone who appreciates keeping track of time. These are made up of high-tech rust-proof frames and robust, extruded uPVC profiles, and they're not only gorgeous but also practical. These doors are created to order to meet the specific requirements of the customer. Watertight, termite-proof, fire-resistant, cost-effective, maintenance-free, easy to install, and available in a variety of colours and tints with no need for painting or polishing, uPVC Doors have a lot of advantages over other types of doors.
Plant capacity: uPVC Profiles 2,000 Kgs Per Day Wood Laminated uPVC Profiles 1,570 Kgs Per DayPlant & machinery: 104 Lakhs
Working capital: -T.C.I: Cost of Project: 241 Lakhs
Return: 26.00%Break even: 75.00%
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Start Medical College with Hospital

A medical college is designed to give students with medical education in order to qualify them as doctors in a variety of specialties, allowing them to treat patients suffering from a variety of illnesses. Doctors, with their unwavering determination, serve the entire nation by providing medication and treatment for diseases that steal people of their health and cause them to suffer. A medical school is frequently associated with a hospital. For the seriously ill, seriously injured, seriously burned, pregnant women, and other casualties, hospitals provide O.P.D. and admittance services. According to several definitions, a hospital is a health-care facility that delivers preventive, curative/ameliorative, palliative, or rehabilitative treatments. The WHO, on the other hand, defines it as "an integral aspect of the medical and social organisation whose aim is to offer total health care, both curative and preventative, for the population; and whose outpatient services reach out into the family in its home setting." The hospital also functions as a training and research centre for health professionals. Healthcare has become one of India's most important industries in terms of revenue and jobs. The healthcare sector includes hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance, and medical equipment. As a result of greater coverage, services, and higher spending by both public and private entities, the Indian healthcare system is quickly increasing. The Indian healthcare market is presently worth around US$ 100 billion, with a CAGR of 22.9 percent expected by 2022. The healthcare delivery system includes hospitals, nursing homes, diagnostic centres, and pharmaceuticals. Few Indian Major Players 1. Aakash Educational Services Pvt. Ltd. 2. B P Poddar Hospital & Medical Research Pvt. Ltd. 3. Deepam Hospital Pvt. Ltd. 4. Fortis Malar Hospitals Ltd. 5. Ganga Medical Centre & Hospitals Pvt. Ltd. 6. Incor Hospitals Pvt. Ltd. 7. Indiana Hospital & Heart Institute Ltd. 8. Kovai Medical Center & Hospital Ltd.
Plant capacity: Student Admission Fee 1.39 Units per day Student (Indian) Tution College Fee 1.17 Units per day Student (NRI) Tution College Fee 22 Units per day Student Hostel and Fooding Fee 1 Units per day Hospital Special Ward Patents 80 Units pPlant & machinery: 1804 Lakhs
Working capital: -T.C.I: Cost of Project: 12227 Lakhs
Return: 16.00%Break even: 46.00%
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Profitable Industry of Maize & It's By Products (Starch, Sorbitol, Dextrose, Liquid Glucose & Malto Dextrose)

Maize, usually known as corn, is a cereal grain. In many parts of the world, maize has become a staple grain, outproducing wheat and rice in terms of overall production. However, not all of this maize is ingested directly by humans. A percentage of maize production is used for corn ethanol, animal feed, and other maize products including corn starch and corn syrup. Corn comes in six different varieties: dent corn, flint corn, pod corn, popcorn, flour corn, and sweet corn. Maize Starch contains all of the same properties as native starch, plus a few more, such as non-foaming and non-thinning boiling solution properties. As a result, maize starch has a minimal impact on the weaving and paper sectors' efficiency. The fibre gains increased tensile strength when high viscosity starch is used, which improves sizing. Liquid Glucose (sweetose) is a viscous, clear, colourless solution with the physical properties needed in final products. Strong fermentability, viscosity, humectancy-hygroscopicity, sweetness, colligative properties, and participation in the Maillard reaction are chemical characteristics of liquid glucose. Dextrose equivalence (DE) is a measure of total reducing sugars measured as D-glucose on a dry weight basis. The Lane–Eynon titration, which measures copper sulphate solution reduction, is the accepted method for determining DE. Unhydrolyzed starch has a DE value of zero, whereas anhydrous D-glucose has a DE value of 100. The DE of glucose/corn syrups ranges from 20 to 95. A polysaccharide utilised in the food business is malt dextrin. It comes in the form of a white hygroscopic spray-dried powder manufactured from partly hydrolyzed starch. Malt dextrin is a simple carbohydrate that is easily digested and absorbs as quickly as glucose. It can be somewhat sweet or tasteless. From 2019 to 2024, the Indian corn starch market is predicted to grow at a CAGR of 3.9 percent, reaching $1.37 billion in 2018. The easy availability of corn, as well as its wide range of applications in industries such as food and beverage, pharmaceuticals, animal feed, textiles, and paper, are propelling the India Corn Starch market forward. The food and beverage industry dominated the application section of the India Corn Starch Market. The growing industrialization of India, as well as its massive population growth, has increased the demand for maize starch. It's commonly used in the production of soft drinks and confections. It can also be found in a variety of other procedures. Few Indian Major Players 1. Amaravati Agro Ltd. 2. Cargill India Pvt. Ltd. 3. Devi Corn Products Ltd. 4. Gayatri Bioorganics Ltd. 5. Kasyap Sweetners Ltd. 6. Roquette India Pvt. Ltd. 7. Sahyadri Starch & Inds. Pvt. Ltd.
Plant capacity: Maize Starch 18 MT per day Sorbitol 60 MT per day Liquid Glucose 11.34 MT per day Dextrose Monohydrate 11.34 MT per day Dextrose Anhydrous 5.60 MT per day Gluten 11 MT per day Maltodextrin 5.70 MT per day Germ Plant & machinery: 7522 Lakhs
Working capital: -T.C.I: Cost of Project: 10124 Lakhs
Return: 24.00%Break even: 43.00%
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Growing Business of IV Fluid (FFS Technology)

Intravenous fluids are fluids that are given to a patient intravenously (via the veins) or directly through the circulatory system. These fluids must be sterile to protect patients from harm, and there are several solutions available. Many companies make pre-packaged intravenous fluids and items that can be mixed with sterile water to generate an intravenous solution. Two types of intravenous fluids are available. Crystalloids contain a solution of water-soluble molecules, such as saline solutions. When crystalloids are given, the osmotic pressure is reduced, allowing fluid to flow easily across blood vessels and causing edoema. Colloids are formed composed of particles that aren't soluble in water and produce a high osmotic pressure, which draws fluid into blood vessels. Blood is an example of an intravenous colloid that is routinely used. Dextrose (also known as D-glucose, Corn Sugar, Starch Sugar, Blood Sugar, and Grape Sugar) is the most abundant sugar in nature, and it can be found free (mono saccharine form) or chemically attached to other sugars in various forms. In the Free State, it can be found in high concentrations in honey, fruits, and berries. As a polymer of hydro dextrose units, it can be found in starch, cellulose, and glycogen. Sucrose is a disaccharide made up of dextrose and fructose. Intravenous infusion solutions that are highly customised can be employed in four different ways: • Electrolyte metabolism and waste water treatment, particularly in extreme situations. • Acid-base imbalance treatment. • Volume substitution and replacement in the surgery of a blood-stained accident victim. • Nutritional support for people who are terminally ill or recovering from surgery. • In shocks and haemorrhages, intravenous injections of aqueous isotonic dextrose (5%) are given to expand the circulating blood column and prevent dehydration. When a significant amount of salt loss is required, glucose is given in addition to sodium chloride. With a compound annual growth rate (CAGR) of 7.9% from 2021 to 2028, the worldwide intravenous solutions market is expected to reach USD 18.9 billion by 2028. A rising incidence rate of chronic diseases such as cancer, an increase in the number of premature births, and a shortage of I.V. treatments in the United States are anticipated to boost the market. One of the most prevalent uses for intravenous (IV) fluids is severe dehydration. Symptoms of severe dehydration include diarrhoea, which causes the body's fluids to be depleted. According to the WHO, diarrhoea was the second leading cause of death in children under the age of five in 2017, with over 5,25,000 lives lost per year. Intravenous (IV) fluids can help treat and prevent dehydration and diarrhoea-induced fluid loss, which can lead to death.
Plant capacity: IV Fluids (500 ml Size) 180,000 Bags per day IV Fluids (1000 ml Size) 240,000 Bags per dayPlant & machinery: 10492 Lakhs
Working capital: -T.C.I: Cost of Project: 13361 Lakhs
Return: 27.00%Break even: 37.00%
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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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