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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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Manufacturing Industry of Collagen Powder

Collagen is the most abundant protein in human bodies, accounting for around one-third of all protein. It's found in bones, skin, muscles, tendons, and ligaments, among other places. Collagen is found in a variety of biological structures, including blood vessels, corneas, and teeth. It functions as the "glue" that holds everything together. The word "kolla" comes from the Greek word "kolla," which literally means "glue." Collagen is a fibrous protein that is found in the majority of connective tissue in animals, including tendons, cartilage, bones, teeth, skin, and blood vessels. Collagen is a high-value substance generated from waste source materials like unused mammalian skins. It is usually used as a structural protein to provide biological structures strength, although it has a variety of activities depending on where it is located in the body. These days, collagen supplements come in a variety of formats. They may be given in tablet or powder form, depending on the preferences of the customer. Collagen can be derived from a number of different sources. It comprises both animal-derived and vegetarian collagen (animal parts, fish scales, bones, skin, and so on) (produced from genetically engineered yeast and bacteria). Collagen powder has a variety of uses and benefits, including the following: - Brain and Memory Support - Marine collagen has been discovered to include around 20 amino acid peptides, as well as many minerals, that aid in brain and memory support. Arginine, glycine, methionine, threonine, tyrosine, and tryptophan are amino acids that help improve human neurological processes. - Antioxidant Function - Antioxidants included in marine collagen help to reduce inflammation. - Regeneration and Tissue Engineering - Salmon skin collagen works as a scaffold for bone regeneration when combined with hydroxyapatite. Collagen supplements are dietary supplements used to supplement a collagen-deficient diet. They're mostly comprised of bones and skin from animals and fish. Pills, candy, powder, and liquids are just a few of the various options. Collagen supplements are available all around the world and do not require a prescription from a doctor. Collagen supplements are popular among bodybuilders and regular exercisers since they help to maintain skin and bone health. The market is expected to be valued USD 8.67 billion in 2021. The global collagen market is expected to develop at a compound annual growth rate of 9.0 percent from 2020 to 2028, reaching USD 16.7 billion. A multitude of health and beauty benefits associated to collagen supplement use have fueled the growth of the collagen supplement industry. Collagen supplements, for example, promote skin health by reducing dryness and wrinkles. It also aids in muscular development, bone health, and joint pain relief. Few Indian Major Players 1. Baxter Pharmaceuticals India Pvt. Ltd. 2. Fresenius Kabi India Pvt. Ltd. 3. Medtronic Engineering & Innovation Center Pvt. Ltd. 4. Poly Medicure Ltd.
Plant capacity: Collagen Powder 500 Kg. Per DayPlant & machinery: Rs. 1178 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1935 Lakhs
Return: 28.00%Break even: 53.00%
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Business Plan for Starting Animal Feed Production (Cattle, Poultry Broiler, Pig & Fish Feed). Rising Demand of Livestock Feed Business.

Animal feed is food given to domestic animals, especially livestock, in the course of animal husbandry. There are two basic types: fodder and forage. Used alone, the word feed more often refers to fodder. Animal feed is an important input to animal agriculture, and is frequently the main cost of the raising animals. Farms typically try to reduce cost for this food, by growing their own, grazing animals, or supplementing expensive feeds with substitutes, such as food waste like spent grain from beer brewing. Animals in general require the same nutrients as humans. Some feeds, such as pasture grasses, hay and silage crops, and certain cereal grains, are grown specifically for animals. Other feeds, such as sugar beet pulp, brewers’ grains, and pineapple bran, are by-products that remain after a food crop has been processed for human use. Surplus food crops, such as wheat, other cereals, fruits, vegetables, and roots, may also be fed to animals. Feeding livestock is an important part of modern agricultural production. In addition to providing a supply of high-quality protein for human consumption, livestock provide services in reducing erosion and soil compaction caused by overgrazing and in nutrient cycling. However, crop yields are much lower when nutrients from manure are recycled through crops because crops also use nitrogen from soil organic matter that has accumulated due to recycling. This means that fields must be fertilized with mineral fertilizer which loses its efficacy after several years. Because of these concerns about mineral fertilizer overuse, it may be more efficient to produce livestock products than plant products for human consumption. In general though animal feed will consist of four main ingredients: protein-rich components such as oil seeds or soybeans; carbohydrate-rich components such as maize or barley; fibre sources such as wheat bran or cassava root; and roughage in the form of hay, silage or straw. The animal feed market is projected to grow at a CAGR of 4.90% to reach US$460.322 billion by 2026, from US$345.434 billion in 2020. Animal feeds are referred to as those products which are responsible for improving animals’ health. The feed is given in various doses depending on the animal. Rapid urbanization and growing consumption of meat and other end products such as milk and eggs across different regions are driving the animal feed market growth opportunities during the forecast period. The feed helps in enhancing the animal's abilities by providing enriched nutrients along with the feedstuff, accelerating growth and weight gain, and developing immunity. Outbursts of diseases in animals are a major factor contributing to the increasing adoption of animal feed as it enhances the health of the animals and in proper regulation of the food chain. High growth in the animal feed market is aided by the growth strategies of major players in the form of expansions and investments, which also helps in enhancing the product portfolio and reaching out to new target markets. Furthermore, the growing livestock population along with the shift from unorganized livestock farming to the organized sector is further expected to propel the market growth opportunities in the coming years. However, the high price volatility of raw materials is expected to hinder the growth of the market during the forecast period.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Investment Opportunities in Production Business of Solar Inverter. Fastest-Growing Industry of Renewable Energy.

Solar sine wave inverters are an electronic device for converting direct current (DC) from a solar array into alternating current (AC) which can be used in homes and business. A photovoltaic panel is a series of solar cells that generate DC power directly from sunlight. DC power is then converted into AC using a sine wave inverter, usually mounted on or near to your electrical breaker box. These sine wave inverters vary in sizes from 50W to over 1KW and above. For example, 100 KVA-1000 KVA of size is generally used in large scale Solar Power Plants while 50W-200W would be good enough for residential systems of average house hold needs. A solar sine wave inverter is a device that converts Direct Current (DC) to Alternating Current (AC), thereby permitting utilization of solar energy in homes, industries and power grids. Solar sine wave inverters have been specifically designed to be installed with all types of photovoltaic panels. Apart from being a green technology, these inverters also feature zero emissions and a much longer lifespan than traditional electricity generating devices. There are several advantages of using solar sine wave inverters in your commercial or industrial setup. A sine wave inverter converts direct current (DC) from a solar panel to alternating current (AC). Direct current is used to charge batteries, but for use in your home or business, you need an AC generator. A sine wave inverter makes it possible for DC power from a solar electric system to be converted into AC power that can be used in a home or business. The global Solar Inverter market size is projected to reach USD 26650 million by 2026, from USD 14600 million in 2019, at a CAGR of 8.9% during 2021-2026. Major factors driving the growth of Solar inverter market size are large inflow of investments in the renewable energy sector, increase in favorable government initiatives and rise in the number of residential solar rooftop installations. Growing demand for renewable energy due to an increase in power consumption along with a decline in the cost of producing renewable energy is expected to drive the growth of solar inverter market size during the forecast period. The cost of producing renewable energy has undergone a very steep decline and is now competitive in meeting the increasing power need. Favorable government initiatives like energy-saving certificates are expected to augment the growth of solar inverter market size. Furthermore, governments across the globe are concentrating on infrastructure growth in their countries to boost the quality of life of their people. The use of solar inverters is further promoted by the growing impact of greenhouse gases and rising environmental problems. Increasing awareness about global warming is expected to boost the solar inverter market growth. Some initiatives by Government of India to boost India’s renewable energy sector are as follows: • In July 2021, to encourage rooftop solar (RTS) throughout the country, notably in rural regions, the Ministry of New and Renewable Energy plans to undertake Rooftop Solar Programme Phase II, which aims to install RTS capacity of 4,000 MW in the residential sector by 2022 with a provision of subsidy. • To encourage domestic production, customs duty on solar inverters has been increased from 5% to 20%, and on solar lanterns from 5% to 15%. • India plans to add 30 GW of renewable energy capacity along a desert on its western border such as Gujarat and Rajasthan. • Delhi Government decided to shut down thermal power plant in Rajghat and develop it into 5,000 KW solar park • The Government of India has announced plans to implement a US$ 238 million National Mission on advanced ultra-supercritical technologies for cleaner coal utilization. Key Players: • ABB • SMA Solar Technology • Canadian Solar • SolarEdge Technologies • SunPower • Delta Electronics • Solectria Renewables • Sineng Electric • Hitachi Hi-Rel Power Electronics • Power electronics
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Soap Manufacturing Business | Startup Plan on Liquid Hand Soap, Foam & Bath Soap

Liquid hand soap and foam soap differ from traditional bar soaps in that they usually come as a liquid or a creamy solution. They typically contain a combination of plant-based and synthetic detergents that come together to effectively remove dirt and germs. These can be either antibacterial or non-antibacterial. Manufacturers also use their own proprietary formulas to produce effective foaming agents. Bath soap is made using similar ingredients as those found in liquid hand soaps and foam soaps. Like them, it is non-irritating, pH balanced and leaves behind a pleasant fragrance after use. Start a Business in Surfactants Industry, Click Here Uses Body soap is an alkaline cleanser used for cleaning. Most soaps are made from oils or fats; these ingredients react with an alkali to form a salt and water when mixed together in a solution. Additional oils or fats can be added to alter its characteristics and final appearance. This type of soap is a common ingredient in liquid hand soap, foam and bath soap. Watch Video: Soap Manufacturing Business Plan | Liquid Hand Soap, Foam & Bath Soap It is helpful in protecting your skin from diseases like eczema, fungal infections and dry skin. It has antibacterial properties that protect you from infections which can be caused by harmful bacteria. They cleanses hands and other body parts thoroughly. It is used in residential as well as commercial places for hand wash and bathing purposes respectively. Since these products are made from mild and natural ingredients; they don’t react with chemicals present in water hence it does not harm our skin or affect its pH levels. Also, liquid soap is more hygienic than bar soaps because we can easily control how much soap to use on our hands or when we bathe. All these points make them indispensable for households and offices alike. They come in various sizes, shapes and fragrances, being available at a range of prices too. Related Project Report: Production of Liquid Hand Soap, Foam & Bath Soap Manufacturing Process Start with saponification of oils or fats. The glycerol obtained in soap making is used as a non-food product in products such as detergents and cosmetics. Animal fat sources such as lard and tallow are processed by rendering to obtain glycerol for use in a wide variety of consumer and industrial products. Fats from plant sources, including coconut oil and palm oil are processed similarly for use in many different consumer applications including soaps and biodiesel. Glycerol from all these sources is typically derived using one of three processes: wet chemical (lye) method, dry method, or alcohol method. Read our Books Here: Soaps, Detergents, Acid Slurry, Cleaners, Toiletries, Washing Powder, Cake (Bar), Laundry Care, Fabric Wash, Household Detergent, Industrial Detergents, Synthetic Detergent, Toilet Soap, Liquid Soap, Depilatories, Surfactants, Disinfectants Manufacturing Wet chemical process utilizes potassium hydroxide as an alkali agent for saponification, whereas dry process uses sodium hydroxide to make fatty acids into soaps. In alcohol processing, vegetable oils are mixed with methanol and subjected to ultrasonic energy until all molecules split into their constituent parts: glycerol and fatty acids. Some soaps are made by reacting sulfuric acid with rendered animal fat. Watch other Informative Videos: Soap, Detergents, Surfactants, Cleaners, Cleaning Powder, Laundry Care, fabric care and wash, Household and Industrial Detergents These reactions yield glycerols, which can be converted into a number of useful derivatives; soap has been traditionally used both personally and commercially as an emulsifying agent that assists in removing dirt and grease from skin or hair when combined with water. Saponified olive oil differs markedly from castile soap. Castile soap is almost pure sodium oleate (and has relatively little natural glycerin left); it was originally made by boiling beef or mutton fat with a strongly alkaline solution derived from hardwood ashes. Related Feasibility Study Reports: Soap, Detergents, Surfactants, Cleaners, Cleaning Powder, Laundry Care, fabric care and wash, Household and Industrial Detergents, Washing and Toilet, Liquid Soaps, Liquid Detergents, Acid Slurry Saponified olive oil contains significant amounts of stearic acid and oleic acid. By contrast, most commercial liquid hand soaps contain synthetic detergents like alkylbenzenesulfonates, linear alkylbenzenesulfonates and alcohol ethoxylates—all complex mixtures which vary depending on manufacturer. Most household cleaning products are made with similar ingredients—alkyl sulfate, linear alkylbenzenesulfonates or other petrochemical compounds, denatured alcohols and perfume oils. Start a Business in India Market Outlook: Global Liquid Hand Soap Market size is estimated to grow at over 12.0 % CAGR between 2020 and 2027. Increasing consumer awareness towards safety and hygiene as bacteria’s and germs are the major cause of spread of diseases will drive the product demand. In addition, growing consumer spending on personal hygiene is expected to promote the products. Start a Business in Potential Countries for Doing Business Rising spread of various disease among human, especially after the outbreak of covid-19 all over the worldwide led to increase in the demand for liquid hand soaps in numerous sectors includes hospitals, malls, offices, restaurants, and many others. Additionally, the government recommendation to prevent the spread of coronavirus such as issued recommendation for maintaining hand hygiene, which includes frequent handwashing, also support the rising demand for liquid hand soaps in the global market. Also, the bath soap market is further expected to grow at a CAGR of 5% between 2021 and 2026 to reach a value of almost USD 27.5 billion. Best Industry for Doing Business The Asia Pacific is the largest regional market, accounting for almost 40% of the industry. The industry in the Asia Pacific is being aided by the large population of the region. Asia accounts for almost 60% of the global population, with China and India being the most populous countries. The growing population in India is expected to drive the growth of the bath soap industry. The industry in the region is also being aided by the increasing penetration of the industry and the growing adoption of soap. Its large retail industry is also projected to propel the industry further. The country is the fourth largest retail market, globally and the third largest in Asia. See More Links: Looking for Most Demandable Business Ideas for Startups Business Ideas with Low, Medium & High Investment Start a Business in Africa Start a Business in Middle East Start a Business in Asia Related Videos Related Books Related Projects Related Market Research Reports
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: 1
Return: 1.00%Break even: N/A
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Profitable Business of Magnesium Sulphate

Magnesium sulphate is an inorganic salt with the formula MgSO4(H2O)x, where 0x7 is the number of atoms in the formula. Epsomite (MgSO4•7H2O), often known as Epsom salt, is a heptahydrate sulphate mineral that is commonly encountered. It works by boosting water in the intestines and replacing magnesium in the body. Magnesium sulphate is a laxative that can be taken orally to ease occasional constipation and to treat magnesium deficiency; however, the bulk of it is used in agriculture. The FDA has not approved all external applications for magnesium sulphate. Magnesium Sulphate is a chemical compound that contains magnesium, oxygen, and sulphur. Magnesium sulphate is also known as sulphate mineral and epsomite, both of which are used to make Epsom Salt. Magnesium sulphate has use in a variety of areas, including healthcare, agriculture, medicines, food additives, and others. It is employed both internally and externally in the medical field. Depending on the concentration, magnesium sulphate has a bitter or salty flavour. At low concentrations, it has a salty flavour, however at high concentrations, it has a bitter flavour. As a result, it may have the potential to be utilised as a salt substitute. Magnesium sulphate comes in heptahydrate, monohydrate, anhydrous, and dry forms, each carrying the equivalent of 2 to 3 hydration fluids. Natural sources of magnesium sulphate include saltwater, mineral springs, and minerals like kieserite and epsomite. The heptahydrate of magnesium sulphate is made by dissolving kieserite in water and then crystallising the heptahydrate. Magnesium sulphate is a fertiliser, a food supplement in animal feed, and a cathartic and analgesic in medicine. It is employed as a coagulating agent in rubber and plastics, in various plating baths, and as a drying agent for various organic solvents in the textile industry, as well as in the manufacturing of citric acid, magnesium stearate, monosodium gluconate, and various photographic solutions. After rising at a CAGR of 5.1 percent from 2021 to 2026, the Magnesium Sulfate Market is expected to reach $1,233.3 million by 2026. In the years ahead, the growing requirement to produce high agricultural yields, combined with the significant growth of the global agricultural business, is likely to be the primary driver of demand growth. Furthermore, the increased use of magnesium sulphate in the personal care and cosmetics sector to formulate a variety of important personal care items, such as hair products, skincare products, sun-tan products, and skin fresheners, will create new opportunities for the global magnesium sulphate industry to grow. Few Indian Major Players 1. Aksharchem (India) Ltd. 2. Liberty Phosphate Ltd. 3. Pioneer Magnesia Works Pvt. Ltd. 4. Sam Industries Ltd. 5. Welterman International Ltd. 6. Yash Chemex Ltd.
Plant capacity: Magnesium Sulphate: 72 MT Per DayPlant & machinery: 2.56 Cr
Working capital: -T.C.I: Cost of Project: Rs. 9 Cr
Return: 29.00%Break even: 58.00%
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Production Business of Zinc Sulphate

Zinc sulphate is a crystalline substance that is highly water soluble, clear, and colourless. It's also known as white vitriol and comes in the heptahydrate form, ZnSO4 •7H2O. It's found naturally in the mineral goslarite and can be made by reacting zinc with sulfuric acid. It's used to make lithopone, coagulation baths for rayon, electrolyte for zinc plating, as a mordant in dyeing, as a preservative for skins and leather, and as an astringent and emitic in medicine. Zinc sulphate is primarily utilised in fertiliser applications and as a supplement in animal feed. It's used on crops like pecans, deciduous fruits, peanuts, cotton, corn, and citrus, as well as in swine and poultry feeds. The most frequent dry fertiliser is zinc sulphate, and the most common liquid fertiliser is zinc chelates. Zinc sulphate is a preferred chemical for supplying zinc values in agricultural applications due to its excellent solubility in aqueous environments. Zinc is a necessary component of plant and animal life. It acts as a growth hormone in plants and impacts protein synthesis. Zinc deficiency causes plant stunting, yellowing of the leaves, and lower seed, grain, vegetable, and fruit production. The most popular and most effective long-term technique for addressing zinc deficiency is to apply zinc sulphate to the soil. Zinc sulphate can be sprayed in a band near the seed or as a broadcast treatment that is tilled into the soil. The most efficient placement of the band is to the side and below the seed. Zinc sulphate solution can be used to manufacture zineb (zinc ethylene bisdithiocarbamate). Zineb is a typical agricultural fungicide used to protect crops like apples, pears, cabbage, broccoli, and ornamentals, as well as citrus, stone fruit, cotton, and wheat. Zinc sulphate is used in agriculture to destroy weeds and protect crops from pests. Zinc sulphate is a significant element of the precipitating bath in the manufacturing of viscose rayon and in the electrolyte for zinc plating. Zinc sulphate is used as a mordant in dyeing, as a skin and leather preservative, and as an astringent and emetic in medicine. In the period 2020-2026, the global zinc sulphate market is expected to rise at a robust CAGR of 4.2 percent. The market is being driven by increasing usage as a fertiliser additive in the agriculture industry to prevent and repair zinc deficiency in crops, increased demand for applications of raw material for manufacturing latex products, and usage as a moss control herbicide. Zinc sulphate is used to treat zinc deficiency in humans and as a fertiliser in agricultural sprays to increase soil nutrition, and it is projected to play a significant role in market growth. Few Indian Major Players 1. Agro Phos (India) Ltd. 2. Aksharchem (India) Ltd. 3. Indian Farmers Fertiliser Co-Op. Ltd. 4. Jayshree Chemicals Ltd. 5. Liberty Phosphate Ltd. 6. Yash Chemex Ltd.
Plant capacity: Zinc Sulphate 33%: 2 MT Per Day Zinc Sulphate 21%: 2 MT Per Day Zinc Sulphate 12% Soln.: 2 MT Per DayPlant & machinery: 1.21 Cr
Working capital: -T.C.I: Cost of Project: Rs. 3.70 Cr
Return: 22.00%Break even: 60.00%
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Business Industry of Grain Processing (Grading, Cleaning & Packaging of Rice & Pulses)

Four milling is a physical process in which the kernel is cleaned, adjusted to a suitable moisture level, and then mechanically reduced to the proper particle size to produce a four. Fractionation is used in four production not only to separate bran, germ, and endosperm from one another, but also to ensure the milling endosperm particle size is correct. The technique does not include any chemical or heat treatments, and so does not result in grain purification. When comparing levels within the grain and the final mill fractions, the milling process might cause variations in the distribution of pollutants. Pulses are the dried and edible seeds of leguminous plants. Pulses are an integral component of traditional food baskets since they are a low-fat source of protein. These are the most important component of a well-balanced diet and a primary source of protein for India's vegetarians. Dal is typically made using pulses, rice, and chapatti. Dal with onions, tomatoes, and spices is a must-have snack in any home. Pulses are a staple of any vegetarian's diet, yet they're also popular among non-vegetarians. They are the primary protein sources. Pulses are used in a variety of recipes, including hot foods, sweet dishes, and others. Pulses are the most prevalent food in Indian households. Dal is a dry cereal that is consumed to provide the protein needs of a normal human being. Rice is the main source of income for West Bengal's rural inhabitants. Rice is the state's main food crop, out of a variety of crops. With an annual output of roughly 150 lakh tonnes, West Bengal is the country's top rice producer. Rice is made by hulling and dehusking paddy in a rice mill. 65 percent milled rice, 24 percent husk, and 5% bran layers make up the paddy. Humans are unable to ingest paddy in its uncooked form. It must be processed properly in order to yield rice. Rice is one of the world's most important food crops. However, because a large portion of the world rice production is consumed in the nations where it is produced, only a little amount of rice flows around the world. Seed is the most fundamental input in agriculture. The state of agriculture is determined by the quality of seed used by farmers. However, new cultivars and improved integrated crop management approaches are necessary for optimal productivity gains. Peanuts, also known as groundnuts, are a high-value commodity that can be sold raw but is incredibly adaptable and can be utilised in a variety of goods. The oil can be used in cooking, as a shortening, or as a foundation for confectioneries. It can also be used to make peanut butter. Groundnuts come in two varieties: bush and runner. The following are the most common ways that major food grains are used: • Directly as food. • For the generation of starch and the conversion of starch into glucose. • In order to make vegetable oil. • To make food that is high in protein. • For the purpose of making livestock feed. • In directly produced corn steep liquor, which is employed as a vitamin or mineral supply in the fermentation procedure. Food grains are the most common contents. Carbohydrate, protein, fibre, fat, minerals, vitamins, and the moisture outer coatings of cereal grains are all made up of cellulose fibre. When food grains are stored, moisture is lost and the quality deteriorates. Cereal grains are very significant food ingredients. Rice is the primary food source for about half of the world's population. Rice, wheat, and millets are the most commonly consumed cereals in India (jowar, bajra, ragi, etc.) They are the cheapest calorie sources. Cereals are essential sources of nutrients in an average Indian diet since they are consumed in such big quantities. From 2020 to 2027, the market for cereals and grains processing is predicted to rise at a rate of 10.40 percent. In the period 2020-2027, the increased consumption of food products will be the primary factor driving the growth of the cereals and grains processing market. For around 58 percent of India's population, agriculture is their primary source of income. Agriculture, forestry, and fishery had a Gross Value Added of Rs. 19.48 lakh crore (US$ 276.37 billion) in FY20. In FY20, agricultural and allied sectors accounted for 17.8% of India's gross value added (GVA) at current prices. Consumer spending in India would grow by as much as 6.6 percent in 2021, following a pandemic-driven drop. Few Indian Major Players 1. Arvind Kumar Nand Kumar Ltd. 2. Baba Agro Food Ltd. 3. Chennai Gate Rice Inds. Pvt. Ltd. 4. D D International Pvt. Ltd. 5. Fortune Rice Ltd. 6. G P A Capital Foods Pvt. Ltd. 7. Buniyad Foods India Ltd. 8. Hari Bhog Foods Pvt. Ltd.
Plant capacity: Moong Dal: 1 MT Per Day Masur Dal: 1 MT Per Day Toor Dal: 1.5 MT Per Day Chana Dal: 1 MT Per Day Kabuli Chana: 1 MT Per Day Desi Chana: 1.5 MT Per Day Katrni Rice: 1.5 MT Per Day Bengal Joha Rice:1 MPlant & machinery: 63 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1.65 Cr
Return: 31.00%Break even: 58.00%
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Manufacturing Industry of Kraft Paper

Paper or paperboard (cardboard) made from chemical pulp produced in the kraft process is known as kraft paper or kraft. Sack kraft paper (or simply sack paper) is a porous kraft paper with high elasticity and rip resistance that is used to package products with high strength and durability requirements. The kraft process produces stronger pulp than other pulping methods; acidic sulfite processes degrade cellulose more, resulting in weaker fibres, and mechanical pulping processes leave the majority of the lignin with the fibres, whereas kraft pulping removes the majority of the lignin present in the wood. Low lignin content is critical for the paper's strength because lignin's hydrophobic nature prevents the formation of hydrogen bonds between cellulose (and hemicellulose) in the fibres. Although kraft pulp is darker than other wood pulps, it can be bleached to produce a very white pulp. When strength, whiteness, and resistance to yellowing are critical, fully bleached kraft pulp is used to manufacture high-quality paper. For one reason, paper has long been a standard in packaging: it simply works. Despite all of the options for packaging and shipping protection, Kraft Paper has stood the test of time and has endured. -Strength-: Kraft paper is tough and can endure industrial pressures to keep property and supplies safe. Some people try to utilise lower-quality papers, which have their uses, but Kraft Paper's robustness stands out among other options when it comes to preserving items and materials. -Pallet Uses- Anti-slip Kraft Paper between layers of boxes, bags, and other materials avoids breakage and protects the products being shipped. Using pre-cut sheets speeds up the process of palatalizing products while also saving money in the long term by providing an extra layer of protection. The use of a Kraft Paper cardboard slip sheet on the base layer of palliated objects prevents the entire load from shifting during transportation. -Wrapping Individual Items- Kraft Paper is used to wrap goods individually in pottery stores and craft stores because it provides a cheap layer of protection at a fraction of the cost of alternative materials. Individual things are wrapped in Kraft Paper by manufacturers because they want their products to arrive in one piece and be ready for usage by the consumer or end-user. -Floor Covering- Kraft paper may be easily applied to floors to protect them during manufacture and construction. Some people use Kraft Paper to keep fibreglass from harming their floors. Others utilise Kraft Paper rolls to preserve their customers' floors during remodelling and construction projects. -Paint Masking- Paint overspray can harm an automobile, boat, or structure. By simply masking items to be painted with Kraft Paper, you may avoid unwanted overspray and save time and money. The global kraft paper market is expected to increase at a CAGR of 3.0 percent from USD 15.6 billion in 2019 to USD 18.7 billion by 2025. The rising demand for kraft papers in different end-use sectors such as food & drinks, building & construction, cosmetics & personal care, automotive, and consumer durables is expected to fuel the global kraft paper market's expansion. Furthermore, the kraft paper market is expected to develop due to factors such as rising urbanisation across areas and the recyclability of kraft papers. Few Indian Major Players 1. Aryan Paper Mills Ltd. 2. Best Paper Mills Pvt. Ltd. 3. Dev Priya Papers Pvt. Ltd. 4. Fiesta Papers Pvt. Ltd. 5. Galaxy Papers Pvt. Ltd. 6. Godavari Pulp & Papers Mills Pvt. Ltd. 7. Laxmi Govind Paper & Pulp Mill Pvt. Ltd. 8. Maharaja Paper Inds. Pvt. Ltd.
Plant capacity: Kraft Paper: 200 MT Per DayPlant & machinery: 47.24 Cr
Working capital: -T.C.I: Cost of Project: Rs. 74.42 Cr
Return: 26.00%Break even: 49.00%
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Demanding Business of E-Rickshaw Assembling

E Rickshaws are three-wheeled battery-operated vehicles that are considered an upgrade to traditional rickshaws and are more cost-effective than auto rickshaws and other fuel variants. These rickshaws have zero emissions and are frequently argued to be much better than other rickshaws because they are almost pollution-free. E rickshaws are becoming increasingly popular among rickshaw drivers, and they have opened up new prospects for people because they require little investment to earn a living. They provide significant returns in a short period of time, are simple to operate, and have low maintenance and operating costs. Because of its low maintenance costs, low fuel costs, environmental friendliness, lack of noise pollution, ease of operation, and last but not least, livelihood, e-rickshaws have become one of the most popular modes of transportation on city streets. The earnings for an e-rickshaw driver are pretty substantial without putting in much physical effort or investing much money, and it is thus a vital means of income for many. These e-rickshaws have three wheels and a differential system at the back. The chassis of these vehicles is made of mild steel tubing. E-Rickshaw Benefits • Environmentally friendly — because they are battery-powered, e-rickshaws may be the ideal alternative to petrol or diesel-powered cars. Because these rickshaws do not release smoke, they will not contribute to rising air pollution levels. The batteries that will be utilised to power these rickshaws may be effectively recycled, so resolving the issue of battery disposal. • Economical – E-rickshaws are relatively inexpensive and can be readily afforded by the average person. Passengers will be charged a lower transportation fee. It is cost-effective not only for customers, but also for business owners. The batteries can be readily recharged at home or anywhere else that has a suitable voltage. • No Noise Pollution — E-rickshaws do not generate any sound, thus they do not contribute to noise pollution. Passengers can enjoy a pleasant and relaxing trip. • Income — E-rickshaws provide a source of income for both literate and illiterate persons. E-rickshaw drivers may make a solid living without spending a lot of money. • Safety — when compared to other fuel-powered vehicles, e-rickshaws pose a lower danger. Because they are slower and lighter than an auto rickshaw, they are less likely to cause an accident. In the event of fuel-operated vehicles, there is a risk of explosion. • Low Maintenance - Because the engines are powered by electricity, they do not require any fuel. Because e-rickshaws do not have an engine or a transmission, they require less maintenance. In these rickshaws, the motor is smaller, and the battery is located below it. As a result, maintaining them is much easier. During the forecast period, the worldwide e-Rickshaw market is expected to grow at a CAGR of roughly 9%. The market's growth can be attributable to cheap transportation costs and low power consumption. E-rickshaws are widely acknowledged as a viable alternative to diesel, gasoline, and compressed natural gas auto rickshaws. Increasing public awareness of air pollution and other environmental issues that can be mitigated through the use of e-rickshaws. The controller, motor, batteries, harness, and throttle are the primary electronic components that make up the drive of an e-rickshaw. Any mismatch between these components is unpleasant and can lower performance. During this time, the worldwide e-Rickshaw market is expected to grow at a CAGR of roughly 9%. The market's growth can be attributable to the cheap cost of transportation, which is attributed to more mileage and lower power usage. The e-rickshaw market is expected to be driven by an increase in sales and production of electric cars as an alternative to fuel-based mobility, owing to many government efforts and environmental laws on the electric vehicle industry.
Plant capacity: E-Rickshaw: 200 Nos per dayPlant & machinery: 2.06 Cr.
Working capital: -T.C.I: Cost of Project: Rs. 25.80 Cr.
Return: 30.00%Break even: 68.00%
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Setting up a Multispeciality Hospital (200 Bedded)

A hospital is a health-care facility that provides specialised medical and nursing services as well as medical equipment to patients. The most well-known type of hospital is the multispecialty hospital, which often features an emergency room to address urgent health issues such as fire and accident victims, as well as acute illness. Trauma centres, rehabilitation hospitals, children's hospitals, seniors' (geriatric) hospitals, and hospitals for specific medical requirements such as mental care and certain disease categories are all examples of specialised hospitals. When compared to normal hospitals, specialised hospitals can help save money on health treatment. Depending on the sources of revenue, hospitals are categorised as general, speciality, or government. A multi-specialty hospital is a health-care organisation that provides preventive, curative/ameliorative, palliative, or rehabilitative services, according to various definitions. It's designed to help individuals with a variety of diseases. A private hospital is a facility where patients can receive treatment for anything from a little fever to a major surgery. At truth, there are no restrictions on the kind of services that can be provided in a hospital. However, all private hospitals are equipped with the most up-to-date technology and equipment. Surgeons, physicians, E.N.T., specialists, children's specialists, eye surgeons, psychologists, and sex experts are all important in a hospital. The hospital industry's structure is complicated in nature, as it may be viewed from various perspectives. Because each hospital is unique in terms of structure, functions, performance, and the community it serves, each has its own set of characteristics. A speciality hospital is one that focuses on a certain sub-specialty of medicine (Urology, General Surgery, Cosmetic surgery, Bariatric surgery, Clinic Pathology, Padeatrics & Neonatology). For significant procedures, consultations with sub-specialists, and when sophisticated intensive care facilities are necessary, patients are frequently referred from smaller hospitals to a specialty hospital. These hospitals feature highly skilled professionals, cutting-edge equipment, and provide services 24 hours a day, seven days a week. Specialized diagnostics, dialysis for acute renal failure, ventilation for patients with respiratory failure, and intensive care for critically ill patients are all available at these facilities. These hospitals conduct research and have a well-stocked library. In 2020, the global hospital market was valued at USD4207.46 billion, and it is predicted to increase at a CAGR of 6.70 percent over the next five years. This is due to the expanding geriatric population, which is afflicted with a variety of chronic ailments such as cancer, diabetes, cardiovascular disease, and renal disease, among others. As a result, the number of patients in need of therapy has grown. Furthermore, rising healthcare expenditures by governments around the world, as well as the penetration of large hospital chains, are likely to drive market expansion in the coming years. Furthermore, through 2026, rising awareness and developments in diagnostic technologies are likely to generate profitable prospects for market expansion. Hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance, and medical equipment are all part of India's healthcare industry. The healthcare sector is expanding at a breakneck speed, thanks to expanded coverage, services, and increased spending by both public and private entities. The hospital industry in India, which accounts for 80% of the entire healthcare market, is seeing a lot of interest from both international and domestic investors. The hospital industry is predicted to increase at a CAGR of 16-17 percent from $61.8 billion in 2017 to $132 billion in 2023.
Plant capacity: 200 Bedded HospitalPlant & machinery: 140 Cr
Working capital: -T.C.I: Cost of Project: Rs. 212.48 Cr
Return: 27.00%Break even: 50.00%
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