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

Manipur is a state in north Eastern India, with the city of Imphal as its capital. Manipur has been at the crossroads of Asian economic and cultural exchange for more than 2500 years. It has long connected Indian subcontinent to Southeast Asia, enabling migration of people, cultures and religions. Manipur is primarily an agrarian economy, with significant hydroelectric power generation potential.

The natural vegetation occupies an area of about 14,365 km² which is nearly 64% of the total geographical area of the state. The vegetation consists of a large variety of plants ranging from short and tall grasses, reeds and bamboos to trees of various species. Broadly, there are four types of forests - Tropical Semi-evergreen, Dry Temperate Forest, Sub-Tropical Pine and Tropical Moist Deciduous.


DEMOGRAPHIC PROFILE

Manipur has population of 25.7 Lakhs, an increase from figure of 22.94 Lakh. Total population of Manipur as per 2011 census is 2,570,390 of which male and female are 1,290,171 and 1,280,219 respectively.

Total area of Manipur is 22,327 sq. km. Density of Manipur is 115 per sq km which is lower than national average 382 per sq km. In 2001, density of Manipur was 103 per sq km.

Of the total population of Manipur state, around 67.55 percent live in the villages of rural areas. In actual numbers, males and females were 878,469 and 857,767 respectively. Total population of rural areas of Manipur state was 1,736,236. In rural areas of Manipur, literacy rate for males and female stood at 83.39 % and 67.03 %. Average literacy rate in Manipur for rural areas was 76.20 percent. Total literates in rural areas were 1,142,564.

TOURISM

Least touched and least discovered Manipur promises to be the great tourist discovery of the21st century. An oval shaped valley surrounded by blue green hills, rich in art and tradition has inspired description such as the Switzerland of the East with its cascading rapids, tripling rivers, varieties of flowers, exotic blooms and lakes. The people of Manipur include Meitei, Nagas, Kuki-Chin-Mizo and Gorkhas groups and Muslims and other colorful communities which have lived in complete harmony for centuries.

The Ministry of Tourism has five Regional offices located at Kolkata (East), Mumbai (West), Delhi (North), Chennai (South) and Guwahati (North East), which are headed by an officer of the level of Deputy Director General designated as Regional Director.

Domestic tourists intending to visit Manipur by road via Dimapur/Kohima require Inner Line Permits to pass through Nagaland. These are issued by the Liaison officers of the Government of Nagaland at New Delhi, Calcutta, Guwahati, Shillong and the Sub-divisional officer (Civil), Dimapur, deputy Commissioner, Imphal can also issue permits to tourists traveling by road from imphal to Kohima and Dimapur in Nagaland.

INDUSTRY SECTOR

The Information Technology and IT Enabled Services sector in India is looking towards Tier-II and Tier-III cities to meet the growing demands of the industry for sourcing its required skilled manpower. The youth of Manipur have not only excelled in the field of Sports, but have already established a noticeable presence in the ITES industry in India.

Manipur State is striving to score higher on being business-friendly in terms of the available IT infrastructure. These include:

•        Software Technology Parks of India (STPI) unit of Imphal with Earth station and OFC connectivity.

•        Up gradation of IT infrastructure at Imphal to provide modern Business-ready built-up office space for IT/ITES firms.

•        Internet on the move – Various Telcos like BSNL, Tata Indicom, Airtel etc. are providing Wireless Internet across the State.

A high rate of unemployment exists in Manipur, particularly among the educated youth. According to the Live Register of Employment Exchange, the total number of educated job-seekers were recorded as 5, 83.65 thousands.

Manipur is rich in natural resources but due to difficult terrain, inadequate infrastructural facilities and varying climatic conditions, the state could not develop much in the industrial sector of its economy. In the initial stage, Govt. policy in the state was one of revival and revitalization of the traditional handlooms and handicrafts of the local habitats. The contribution of the manufacturing sector to the total gross state domestic product at current prices is found to be 6.17 percent. The trend of industrial development and the present local conditions of the state and in consonance with industrial policy of the Government of India, the Govt. of Manipur in its policy announcement of 1990, has decided to focus attention to the small scale and agro-based industries without discouraging the medium and large-scale industries. It is expected to serve the objective of employment generation and dispersal of industries in rural and urban areas. The state has laid emphasis on creating a strong industrial base and employment opportunities in the state through provision of various growth inducing factors based on locally available resources. It is based on locally available raw materials and minerals. In order to promote rapid industrialization, the State Government has over the years been offering attractive package of incentives and concessions to invigorative industries.

The khadi and Village Industries Commission (KVIC) was established by the Govt. of India in the year 1957. The Khadi and Village Industries is not only providing employment to people in rural and semi-urban areas at low investment per job, but also utilizes local skill resources and provides part-time as well as full time work to rural artisans, women and minorities.

The traditional sector of industries falls within the purview of organizations such as Khadi and Village Industries Commission. The KVIC include artisans in tiny industrial units and defines it as any industry located in a village or town inhabited by population not exceeding 10000 which produces goods and renders services with or without the use of power in which the fixed capital per head does not exceed Rs.15000.

Growth Centres are large villages or small towns which have the potential to become the nuclei for the socio-economic development of the surrounding area. The Growth Centres can be identified by the different orders with respect to the quality and quantity of services and facilities, service area and population. A growth centre of lowest order should have services such as agricultural input centre, primary and middle school, maternity and child care centres and daily market.

Small-Scale Industries (SSI) is an important segment of the economy, contributing substantially in the form of production, employment and exports. It has continued to play a vital role in the fulfillment of socio-economic objectives. The principal factor for defining small-scale Industries has always been based on the size of investment. Small-Scale Industries are those industries whose investment in fixed assets such as plants and machineries does not exceed Rs.100.00 lakhs (Rs.1 Crore). Investment in plant and machinery in respect of industry related Small-Scale Service and Business Enterprises (SSSBE) were increased to Rs.10.00 lakhs from Rs.5.00 lakhs. For speedy growth of small-scale industries, the Government has already brought about simplifications in the SSI registration procedures.

The State Government has introduced this Policy with various components being offered such as, incentives, improved infrastructure facilities, supply of quality power, and credit flow from Bank and Financial institutions, better market linkages and to boost investor confidence.

The Government of Manipur desire Manipur to be a preferred destination for industrial and trade activities and achieving to the aspiration of the people of Manipur, thereby affording to –

•        All round economic development and to improve living standards.

•        To create employment opportunities, skill development and self

•        Employment opportunities.

•        Optimal utilization of both natural and physical resources.

OBJECTIVE OF INDUSTRIAL POLICY

•        Develop adequate infrastructures to ensure planned and accelerated industrial development.

•        Promote maximum capital investment in the State for economic activities resulting in employment opportunities, improving standard of living of people at large and all-round development of the State.

•        Promote modernization and technology up-gradation of existing industrial units.

•        Encourage quality control, standardization and competitiveness of local products.

•        Promote eco-friendly industries.


INDUSTRIAL ACTIVITIES IDENTIFIED AS THRUST AREAS

•             Agro based industry 

•             Bio-Technology industries.

•             Floriculture. 

•             Handloom and Handicraft.

•             Medicinal Plants.

•             Distillation of oils from aromatic plants.

•             Mineral based industries.

•             Information Technology Trade and Commerce under Export Import mechanisms.

We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.

Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.

We can modify the project capacity and project cost as per your requirement.
We can also prepare project report on any subject as per your requirement.

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Potato Products (Potato Balls, Nuggets and French Fries)

Potatoes are an important agricultural product, which are planted in most countries all over the world. They can be processed into many potato products, such as potato starch and potato starch products, potato chips, frozen French fries and so on. In recent years, with the rapid development of Western fast-food industry, French fries have become an essential food and its demand increases day by day. The frozen French fries market in India is in a nascent stage but is growing at the rate of about 25% per year. The percent organized market for frozen French – fries in India is estimated at over 3500 tons/annum, mostly contributed by imported French fries. Looking forward, the market value is projected to reach US$ 1,526 Million by 2023, expanding at a CAGR of 12.6% during 2018-2023. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • A D F Foods Ltd. • Aachi Spices & Foods Pvt. Ltd. • Balaji Wafers Pvt. Ltd. • Bikaji Foods Intl. Ltd. • Golden Fries Ltd. • Haldiram Manufacturing Co. Pvt. Ltd. • Hello Indo Food Products Pvt. Ltd.
Plant capacity: Potato French Fries: 750,000 Kgs./Annum Potato Nuggests: 1,000,000 Kgs./Annum Potato Balls: 750,000 Kgs./AnnumPlant & machinery: Rs 197 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1099 lakhs
Return: 28.00%Break even: 61.00%
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Paper, Pulp and Paper Board from Bamboo

Pulp is a raw material used in the manufacturing of paper. This material contains man-made, mineral or vegetable fibers. The majority of paper is manufactured using pulp from Bamboo. Paper is the versatile material with many uses, including writing, printing, packaging, cleaning, decorating, and a number of industrial and construction processes. Paper board is used in high quality graphic printing, such as book and magazine covers or postcards. Paperboard is also used in fine arts for creating sculptures. The paper & paperboard market is projected to reach $213.4 Billion by 2020, at a CAGR of 3.5% from 2015 to 2020. The pulp and paper industry is forecasted to grow at 6–7 per cent each year. Paper production is likely to grow at 8.4 per cent, while the consumption of paper will grow at 9 per cent. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Bindals Papers Mills Ltd. • Circar Paper Mills Ltd. • Claridge Moulded Fibre Ltd. • Eggro Paper Moulds Ltd. • Ellor Mills Ltd. • Fibremarx Papers Pvt. Ltd. • Gaurav Paper Mills Ltd.
Plant capacity: Writing Paper: 100 MT/Day Paper Board: 100 MT/DayPlant & machinery: Rs 3584 lakhs
Working capital: -T.C.I: Cost of Project: Rs 8929 lakhs
Return: 26.00%Break even: 55.00%
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Multispeciality Hospital

A specialty hospital is dedicated to specific sub-speciality care (paediatric centres, oncology centres, and psychiatric hospitals). Patients will often be referred from smaller hospitals to a speciality hospital for major operations, consultations with sub-specialists and when sophisticated intensive care facilities are required. A Multi-speciality hospital as a health care organization has been defined in varied terms as an institution involved in preventive, curative/ameliorative, palliative or rehabilitative services. It is meant to treat patients suffering from various ailments. The overall Indian healthcare market is worth around US$ 100 billion and is expected to grow to US$ 280 billion by 2020, a Compound Annual Growth Rate (CAGR) of 22.9 per cent. Healthcare delivery, which includes hospitals, nursing homes and diagnostics centres, and pharmaceuticals, constitutes 65 per cent of the overall market. The Healthcare Information Technology (IT) market which is valued at US$ 1 billion currently is expected to grow 1.5 times by 2020. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Apollo Hospitals Enterprise Ltd. • B S R Super Speciality Hospitals Ltd. • Chennai Meenakshi Multispeciality Hospital Ltd. • Escorts Heart & Superspeciality Institute Ltd. • Healthcare Global Senthil Multi Specialty Hospitals Pvt. Ltd. • Satara Diagnostic Centre & Multispeciality Hospital Pvt. Ltd.
Plant capacity: 360 BeddedPlant & machinery: Rs 4738 lakhs
Working capital: -T.C.I: Cost of Project: Rs 9075 lakhs
Return: 28.00%Break even: 46.00%
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Activated Carbon from Bamboo

Activated carbon is a non graphite form of carbon and is micro crystalline in nature. It is extensively used in various industries as a very good adsorbent for odour or colour. There are two varieties of activated carbon viz gas phase or the liquid phase adsorbents. The liquid phase activated carbon is usually powder or granular form where as the gas phase adsorbent is hard granules like dust free pellets. Activated carbon is an important component of ?lter material for the removal of hazardous components in exhaust gases for the puri?cation of drinking water and for waste water treatment. Global Activated Carbon Market is expected to garner 2,776 kilo tons and $5,129 million by 2022, registering a CAGR of 6.8% and 9.3% during the forecast period 2016 - 2020. Activated carbon is processed carbon with small, low-volume pores to increase surface area for chemical reactions and adsorption. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Adsorbent Carbons Ltd. • Aksharchem (India) Ltd. • Bamboo Technology Park. • Core Carbons Pvt. Ltd. • Genuine Shell Carb Pvt. Ltd. • Indo German Carbons Ltd. • Jacobi Carbons India Pvt. Ltd.
Plant capacity: 450 MT/AnnumPlant & machinery: Rs 159 lakhs
Working capital: -T.C.I: Cost of Project: Rs 377 lakhs
Return: 25.00%Break even: 50.00%
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Curcumin Extraction Unit

Curcumin is the main biologically active phytochemical compound of Turmeric. Molecular chemical formula of Curcumin: C21H20O6. The most important constituents in organic turmeric are Curcuminoids, which is approximately 6%, and the yellow coloring principles of which Curcumin constitutes 50-60%. Curcumin is widely used to colour many foods. India is one of the largest manufacturers of curcumin, contributing to more than 80.0% of the global production. India & China are the major supplier of Curcumin, The turnover of Curcumin could reach USD 94.32 million in 2022. India contributes 80% of world production and roughly 60% of export. Indian Curcumin market size accounted for over 81% of the overall Asia Pacific revenue most of these as a food coloring agent. Thus, due to demand it is best to invest in this project.? Few Indian major players are as under • Arjuna Natural Extracts Ltd. • Concert Spices & Exports Ltd. • Enjayes Spices & Chemical Oils Ltd. • Naturite Agro Products Ltd. • Sanat Products Ltd. • Sunrise Foods Pvt. Ltd. • Synthite Industries Pvt. Ltd.
Plant capacity: Curcumin Powder: 25 Kgs./Day Turmeric Oil: 25 Kgs./Day Deoiled Turmeric: 440 Kgs./DayPlant & machinery: Rs 115 lakhs
Working capital: -T.C.I: Cost of Project : Rs 301 lakhs
Return: 27.00%Break even: 56.00%
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Craft Beer

A microbrewery or craft brewery is a brewery that produces small amounts of beer (or sometimes root beer), typically much smaller than large-scale corporate breweries. "Craft brewing" is a more encompassing term for developments in the industry succeeding the microbrewing movement of the late 20th century. Bira 91, (90 calories for a 330 ml bottle). "Bira 91 Light is the lowest calorie option for any alcoholic beverage in the bar. It is lower than a glass of champagne, much lower than Breezers, wine, or cocktails. Heck, it’s even lower than a glass of milk or orange juice" Craft beers and microbreweries are niche concepts in India which have been growing for past few years and are beginning to take shape now. They are mushrooming in many parts of the country. This is an emerging trend that is certainly attracting middle class Indians, particularly in urban areas. The craft beer market in India is pegged at Rs. 280 crore and may grow to Rs. 4,400 crore by 2020. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Aurangabad Breweries Ltd. • Blossom Industries Ltd. • Castle Breweries Ltd. • Hindustan Breweries & Bottling Ltd. • Impala Distillery & Brewery Ltd. • Kool Breweries Ltd. • Lilasons Breweries Ltd.
Plant capacity: Craft Beer (Cans & Bottles 650 ml Size): 9230 Nos./DayPlant & machinery: Rs 890 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1628 lakhs
Return: 27.00%Break even: 45.00%
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Yarn, Fabric & Garments Production Using Solar Charkha & Solar Looms

The charkha, a small, portable, hand-cranked wheel, is ideal for spinning cotton and other fine, short-staple fibres, though it can be used to spin other fibers as well. solar charkha has opened up a new approach to reverse this trend. The use of solar energy can usher in a new era of khadi spinning. Yarn from a solar charkha are stronger compared to the manually operated charkha. In fact yarns of desired strength could be achieved by proper choice of the drive. Ministry of Micro, Small and Medium Enterprises (MSME) have launched the Mission Solar Charkha for implementation of 50 Solar Charkha Clusters across the country with a budget of Rs 550 crore for the year 2018-19 and 2019-20. Which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • A P T Yarns Ltd. • A T L Textiles Ltd. • Amit Spinning Inds. Ltd. • Amitech Textiles Ltd. • Anasuya Spinners Ltd. • G R V Spintex Pvt. Ltd. • G V D Textiles Pvt. Ltd.?
Plant capacity: Khadi Fabric: 1500 Sq.Mtrs./Day Garments: 750 Pcs./DayPlant & machinery: Rs 408 lakhs
Working capital: -T.C.I: Cost of Project: Rs 644 lakhs
Return: 28.00%Break even: 75.00%
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Potato Products

Potato Products. Potato Balls, Nuggets and French Fries Manufacturing Business. Profitable Business Ideas in Potato Processing Industry Potato balls are a trendy dish liked by most of the kids. This classic dish is prepared by boiling the potatoes, mashed and mixed with chopped green onions, grated carrot, spiced with fresh ground black pepper, mayonnaise and yoghurt; made into small balls and deep fried until crispy and crunchy. Taste best with any sauce or chutney. Potatoes are considered as comfort food which is liked by most of the people either it is boiled, baked or fried. It is an important food staple and number one vegetable crop in the world. Potatoes are available year-round as they are harvested somewhere every month of the year. Potato balls are easy to prepare and is a great addition for breakfast, brunch or tea time and can also be easily carried in lunch packs or served for small parties. Potato balls are yummy deep fried mashed potato balls which can also have a stuffing of mozzarella cheese in the center. This of course would not be a regular item and is good for an occasional treat or a party appetizer as potato is a rich carbohydrate source. Potatoes provide the body with an essential source of fuel and energy. Most of the appetizers and snacks from the Indian cuisine are made with a very modern addition to the Indian meal to suit the taste of the people. The essence of Indian cuisine mainly lies in the aroma of spices that are blended together and added to enhance the flavor and nutrition of each dish. There are a variety of Indian snacks that are popularly made with potatoes and are favorite to many which includes the aloo tikki, Alu Vadi, Potato Cutlets, Aloo Bhonda, Aloo Noodle Cutlet etc. Potato nuggets is very tasty dish that can be prepared quickly and is very much liked by kids. It is the mixture of potato and bread crumb. It can be given in lunchbox for kids. It is very crispy potato nuggets recipe. Potato nuggets is very easy to make at home in few minutes. Potato nuggets is a tasty breakfast of morning and mostly loved by kids. French fries are among the highest saleable potato products. This is the most abundant processed potato and can be found in many varieties such as lattice cut, wedges, curly, batter dipped, seasoned, or straight –cut including French Fries on menu is one of the easiest ways to increase sales and profits for the companies. Potato Processing Market Global Potato Processing market is expected to grow from $19.74 billion in 2016 to reach $32.45 billion by 2023 with a CAGR of 7.3%. Rapid urbanization, progress in the standard of living, easy availability, consumer preferences for convenience foods and favorable packaging are the major factors propelling the market growth. In addition factors such as soaring demand for applications such as snack foods and prepared ready meals, increase in the number of retail channels such as hypermarkets and supermarkets and rapid growth of the fast food industry are driving the market growth. However, high costs incurred for storage and transportation and health issues associated with the consumption of processed potatoes such as obesity and diabetes are the factors hindering the market growth. The potato processing industry is a booming which is undergoing a progression period due to the growing global demands for vegetarian food products, a growth of processed food industry, and consumer demand for higher quality and sustainability. The processed food industries market is valued at more than the US $2.2 trillion dollars globally and consist of more 420,000 businesses. Potato processing market by type is segmented into Frozen, dehydrated, chips and snack pellets, and others which include flour, canned potato, potato granules and starch. Consumption of frozen potato products like French fries is increasing due to the increasing number of fast food chains and restaurants. Most important advantage of frozen potatoes is its prolonged shelf life and comparatively less time required for cooking. Rapidly increasing number of Quick Service Restaurants in the developing countries is expected to increase the demand for frozen products in the forecast period. Chips and snack pellets are the second largest segment due to increasing popularity of chips and ease of access. Increasing number of consumers aligning towards ready to cook and ready to eat food products such as French fries and other potato based snacks items in all classes of people is boosting the market for potato flakes and powder. Rapidly changing trends, increasing millennial population and people looking for more suitable snacking and choice of food with less indulgence are expected to drive the potato processing market growth. The global market for potato processing is anticipated to vary due to its high dependency on a steady supply of potato varieties at a reasonable value for continuous processes. Concerns related to health associated with the consumption of processed potatoes such as diabetes and obesity, along with high costs incurred for storage and transportation can pose as a restraint for the market growth. Based on application, the market is segmented into snacks, ready-to-cook & prepared meals, and others (food additives in soups, gravies, bakery, and desserts). The consumption of processed potato products in ready-to-cook & prepared meals application is estimated to account for the largest market share in 2017. Processed potato products used in ready-to-cook & prepared meals is a booming market due to the increase in consumer preference for convenience food products, busy work schedules, and on-the-go consumption habits. Apart from ready-to-cook & prepared meals, processed potato products also find applications in the snacks segment, such as potato-based snacks with low carbs, low salt, air-dried, baked products with a number of flavors, which also drives the demand for potato processing market. Some of the key players in the Potato Processing market are Intersnack Group GmbH & Co. Kg, The Kraft Heinz Company, Idahoan Foods LLC, Aviko B.V., Leng-D’or, The Little Potato Company Ltd, Limagrain Céréales Ingrédients, Agrana Beteiligungs-AG, Farm Frites International B.V., Mccain Foods Limited, Agristo NV, J.R. Short Milling Company, Lamb Weston Holdings, Inc and J.R. Simplot Company. Processed Potatoes Market The global processed potatoes market to grow at a CAGR of 4.88% during the period 2017-2021. The latest trend gaining momentum in the market is growing focus on expanding production capabilities for potato processing. To cater to the growing global demand for processed potato products, manufacturers are focusing on expanding their production capabilities. They are finding tremendous growth opportunity in all global markets owing to the rising consumer preference for on-the-go snack products. The increase in production capacity ensures that they are well-positioned to cater to customers' growing needs across markets. Changes in consumer lifestyle, increase in disposable income, and growth in demand for convenient and easy-to-prepare food have led to higher consumption of packaged processed potato products. To cater to this higher demand, manufacturers are expanding their production facilities, which will lead to an increase in the overall growth and revenue of the global packaged processed potato products market. The sector has witnessed steady growth globally in recent years with the mushrooming of convenient stores, specialty stores, hypermarkets, and supermarkets. Supermarkets and hypermarkets form one of the most popular distribution channels of packaged products, including packaged processed potato products. Discounted prices, attractive shelf displays, and pleasant shopping experiences are some of the factors that attract consumers to supermarkets and hypermarkets. Growing internet use globally has also given a boost to online retailing, which is boosting the growth of the global packaged processed potato products market. Indian Frozen Potato Products Market Potato is one of the most produced and consumed crops in India and forms an important part of the regular diet. It is consumed in the form of different snack foods as well as elaborate dishes. Some of the most popular potato snacks include wedges, fries, patties, etc. In recent years, the demand for frozen potato products in India has increased on account of their introduction by various national and multinational companies. Additionally, frozen potato products have rapidly gained prominence in the country as they are convenient to cook and come in a large variety of flavours and shapes. The biggest factor catalysing the growth of the frozen potato products market is the expansion of fast food service restaurants, such as Subway, McDonald’s, Burger King, KFC, etc., in the country. Moreover, introduction of new product variants with different flavours have attracted a larger consumer-base for frozen potato products, in turn, boosting the growth of the market. Busy lifestyles, inflating income levels and high purchasing power of the consumers in the region have further created a shift towards easy-to-cook food products, thereby maintaining the growth prospects of the market. Looking forward, the market value is projected to reach US$ around 1,631 Million by 2024, expanding at a CAGR of 12.5% during 2019-2024. In recent years, the demand for frozen potato products in India has increased on account of their introduction by various national and multinational companies. Additionally, frozen potato products have rapidly gained prominence in the country as they are convenient to cook and come in a large variety of flavours and shapes. In recent years, the demand for frozen potato products in India has increased on account of their introduction by various national and multinational companies. Additionally, frozen potato products have rapidly gained prominence in the country as they are convenient to cook and come in a large variety of flavours and shapes. 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Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Tyre Retreading Business

Tyre Retreading Business. Retread Tire. Start an Automobile Tyre Retreading Industry Retreading tires is the process of restoring old tires so that they can be used in automobiles. The process is technology-driven where the worn-out and damaged threads are replaced with new treads. Tyre retreading can be done using 2 methods – cold process and hot process. Currently in India retreading is done 50% by the organized sector and the remaining 50% by the unorganized sector. Tyre Retreading is a new technology. After applying this method the old tyres become serviceable and usable. The part of the tyre that comes in contact with the surface of the road is known as the tread. The tread is an integral part of the tyre and is responsible for providing traction. New treads are available in the market. In brief, in can be put on an old tyre and cured with the help of steam. Similar to the new tyres, the treated tyres can be very well used on all vehicles, irrespective of light or heavy vehicles. With a safe and new technology, which is being adopted nowadays, it will be more easy and economical to produce tyres. Recently a new technology has been developed called “Precured Tread Rubber Retreading Process” which is commonly known as “Cold Process Retreading”. As in most parts of the world, tyre retreading in India is done extensively for commercial vehicles such as trucks and busses. The primary reason for retreading tyres is to save operational costs as applying a new tread can be done at less than half the cost of a new tyre. With further growth of the economy, there will be an increased numbers of vehicles in transport as well as passenger vehicles and hence more tyres will be required. Hence, there is a very wide scope for retread tyres as an original replacement. The retreading tyre industry for the commercial vehicle segment is poised for growth in India, fuelled by the increase in the number of vehicles, rising tyre costs, the advent of radial tyres, better roads and the introduction of multi-axle heavy duty vehicles. Advantages of Retreading of tyre: There are several advanges of retreading such as: • Retreads are quite safe and are being used in all kind of vehicles nowadays. May it be taxis or trucks, school buses or military vehicles, retreading is being used in all of them. • Retreading is highly environment friendly. When the existing tyres are made ready for further use, the manufactures save landfill space. Also, it reduces carbon dioxide emmission and saves millions of gallons of oil which is required to manufacture new tyres. • There are many economic benefits of retreading as the retreaded tyres are less pricey in comparision with the new ones. This definitely helps to save a considerable amount of money. • Retread process is not responsible for spreading large chunks of rubber on the roads and highways. It happens due to abuses like tyre failure, caused by road hazards, tyre blasts and overloading to both new tyres and retread ones. • They cost almost 30 – 50 % less than the price of a new tire. • It is a low-cost production process – for making the new tires 80% natural rubber is used whereas for retreading only 25% of natural rubber is consumed. • Properly retreaded tires have almost the same life as the new tires. • The investment is comparatively less. The major part of the investment is involved in buying expensive machinery and molds • Retreading extends the life of used tires thus making the entire process of tire making recyclable. Market Outlook Retreading tires is the process of restoring old tires so that they can be used in automobiles. The process is technology-driven where the worn-out and damaged threads are replaced with new treads. Tyre retreading can be done using 2 methods – cold process and hot process. Currently in India retreading is done 50% by the organized sector and the remaining 50% by the unorganized sector. India’s retreading industry is estimated to be worth more than US$ 1 billion (INR 5,000 crore annually) with roughly 20,000 retreaders scattered in the organised and unorganised sector. Retread tire market is forecast to grow from $ 9.6 billion in 2017 to more than $ 11.5 billion by 2023 globally. Though the market witnessed a slight decline during 2013-2017, owing to growing penetration of cheaper Chinese tire, retread tire sales are expected to recover in the coming years backed by growing consumer acceptance of retread tires and rising prices of new tires. Moreover, growing sales of commercial vehicles on account of rising infrastructure development and construction activities across the globe is further anticipated to push demand for retread tires, globally. Additionally, retread tire market is anticipated to be positively influenced by increasing number of technological advancements during the forecast period. The global retread tires market can be segmented on the basis of vehicle type into passenger car, light commercial vehicle, heavy commercial vehicle and off road vehicle. On the basis of vehicle type, the heavy commercial vehicle segment is anticipated to continue to dominate the global market in terms of value over the forecast period. The demand for retread tires in heavy commercial vehicles is estimated to grow at a relatively high CAGR as compared to other vehicle types over the forecast period. This segment is expected to represent a total incremental opportunity of US$ 2,228.1 Mn between 2018 and 2028. The global retread tires market remains positive and the market value is expected to increase at a CAGR of 4.6% during the forecast period (2018 - 2028). Among the end use segments of the retread tires market, the heavy commercial vehicles segment is expected to expand with a significant CAGR in terms of value as well as volume over the forecast period. Automotive production is expected to be higher in emerging economies as compared to that in developed economies. This can mainly be attributed to increasing urbanization and stable economic conditions in these regions. During the forecast period, the fleet on road is also expected to rise with a modest CAGR, thereby providing marginal opportunities for the growth of the retread tires market over the forecast period. Continuously growing vehicle PARC is another major factor which will increase the demand for replacement of tires and thus, will drive the demand for retread tires. Large fleet owners of commercial vehicles prefer tire remolding to ensure cost effectiveness. Hence, growth in automobile, forestry and construction is expected to create healthy growth opportunities for the retread tires market. Some of the major players operating in retread tire market worlwide are Elgi Rubber Company Limited, INDAG RUBBER LIMITED, MRF PRETREADS, Vipal Borrachas, Marangoni S.p.A., Bridgestone Bandag, LLC, Michelin Retread Technologies, Goodyear Tire & Rubber Company, Midas Rubber India Private Limited and Sun Tyre Industries. Tags #Tyre_Retreading, #Tyre_Retreading_Process, #Retread_Truck_Tyre, Retread Tire, Process of Retreading, Tyre Retreading Process Pdf, #Truck_Tyres_Retreading_Process, Tyre Retreading Industry in India, #Tyre_Retreading_Business, How to Start Tyre Retreading Business in India, Indian Tyre Retreading, Tyre Retreading Industry, Retread Industry in India, How Profitable is Tyre Retreading Business in India? Tire Retreading Business, Tyre Retreading Plant, Retreading Business, #Start_a_Tire_Retreading_Business, Project Report on Tyre Retreading, #How_to_Start_Tyre_Business_in_India, Tyre Retreading Project Report, Profile on the Production Retreaded Tyre, #Tyre_Retreading_Sector, #Detailed_Project_Report_on_Tyre_Retreading, Project Report on Tyre Retreading, Pre-Investment Feasibility Study on Retreading Business, Techno-Economic feasibility study on Tyre Retreading, #Feasibility_report_on_Tyre_Retreading_Industry, Free Project Profile on Retreading Business, Project profile on Tyre Retreading Industry, Download free project profile on Tyre Retreading, Start a Tyre Retreading Business, Tyre Industry, Tyre Retreading Business Plan, Tyre Retreading Project, Start an Automobile Tyre Retreading Industry
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Biodiesel Production from Algae

Biodiesel Production from Algae. Algae Fuel Manufacturing Business. Investment Opportunities in Biofuel Manufacturing Industry Algae are photosynthetic organisms that live under water. Biodiesel production from algae has the potential of considerably larger amounts of fuel in terms of growth area. The amount of agricultural land needed is reduced to 5%. Biodiesel is used in diesel engines, and is thus different from the waste and vegetable oils used to fuel converted diesel engines. Blends of biodiesel are also used as heating oil in space heating applications. Biodiesel is oil from plants or animals used as an alternative to or blended with petroleum diesel in automobiles and industrial fleets with diesel engines. Easy to Use One of the great advantages of biodiesel is that it can be used in existing engines, vehicles and infrastructure with practically no changes. Biodiesel can be pumped, stored and burned just like petroleum diesel fuel, and can be used pure, or in blends with petroleum diesel fuel in any proportion. Power and fuel economy using biodiesel is practically identical to petroleum diesel fuel, and year round operation can be achieved by blending with diesel fuel. Blending and Switching with Diesel Fuel Biodiesel can be used 100% (B100) or in blends with petroleum diesel fuel. When biodiesel is first used in a vehicle, it may release fuel tank deposits which can lead to fuel filter plugging. After this initial period, a user can switch between biodiesel and petroleum diesel whenever needed or desired, without modification. Biodiesel as a transportation fuel Most of the trucks, buses, and tractors in the United States use diesel fuel. Diesel fuel is a nonrenewable fuel made from petroleum. Biodiesel is a renewable fuel that is made from vegetable oils, grease, and animal fats. Using biodiesel fuel produces less pollution than using petroleum diesel fuel. Any vehicle that operates on diesel fuel can use biodiesel. Advantages of Biodiesel as Fuel • 75% cleaner than conventional diesel fuel. • Reduces unburned hydrocarbons, carbon monoxide and particulate matter in exhaust fumes. • Contains no sulphur. • Emissions are nearly 50% less than conventional diesel fuel. • Doesn’t cause eye irritation • More biodegradable than sugar and less toxic than table salt. • Fuel economy is the same as conventional diesel fuel. • Much better lubricant than conventional diesel fuel and extends engine life • High cetane rating, which improves engine performance. • 1% biodiesel will increase lubricity by 65% • Biodiesel can be produced from any fat or vegetable oil, including waste cooking oil. Market Outlook The global biodiesel market is expected to reach USD 54.8 billion by 2025. The key factors for the growth of this market are minimizing storage issues with stability and transportation issues with high cost of delivered fuel compared to fossil fuels; it can reduce the ecological problems such as global warming, greenhouse effect and pollution. The growth in the global biodiesel market can be attributed to the proactive implementation of biofuel policies in various nations including US, Argentina, Brazil, and Indonesia. The regulations regarding the formulation of fuel in these regions are expected to increase the share of biodiesel, thereby increasing the demand. The global biodiesel market is slated for a huge growth in the next few years, not only because of the growing environmental concerns, but also because of the surging prices for non-renewable sources of energy, such as petroleum. Governments are enhancing the use of biodiesel across the globe and many countries have initiated merging of conventional diesel with a percentage of biodiesel. In biodiesel market by verticals, biodiesel is used as a fuel in many verticals including automobile, marine, railway, and agriculture industries, in pure form B100' or by forming blends with conventional petroleum diesel. These blends are B2', B5' and B20', which include 2%, 5%, and 20% biodiesel, respectively. Biodiesel has a higher lubricity (50:1) than that of traditional petroleum diesel. This belonging of biodiesel encourages its use in the vehicle enterprise as it reduces wear and tear of the engine. The excessive cetane value of biodiesel additionally maximizes engine life by way of ensuring entire gasoline combustion and leaving no residue. Biodiesel is used in the marine industry also as it is a good material as a shipping fuel, being biodegradable, non-toxic and essentially free of sulphur and aromatics. The biodiesel market has been segmented based on the feedstock used for products such as vegetable oils, animal fats, biomass, and others (brown grease/ trap grease); and verticals such as automotive, aviation, industrial, marine, residential & commercial heating, power generation, and agriculture. Biodiesel contains no petroleum products, but it is compatible with conventional diesel and can be blended in any proportion with mineral diesel to create a stable biodiesel mix. Biodiesel is eco-friendly, non-toxic and basically free from sulfur; it is renewable and can be produced from plant resources and agriculture. Biodiesel is an alternative fuel, which has a correlation with sustainable development, environmental preservation, energy conservation, efficiency and management. Growth in food industry driving the production of feed stock made from residue of soybean oil, corn oil, canola oil and animal fats enabling the handiness of feed stock required for production of biodiesel which in turn is fueling the production of biodiesel over the forecast period. Moreover, favorable regulatory support for mandatorily blending of biodiesel in diesel fuel is projected to fuel the consumption of biodiesel. However, raw material availability and high cost of installation of biodiesel production plant are factors expected to hamper the growth of biodiesel market during the forecast period. Some of the major competitors of the global biodiesel market are Poet, Llc, Archer Daniels Midland Company, Flint Hills Resources LP, The Andersons, Inc., Raizen, Copersucar, and Abengoa. Other developing economies like Europe, China, Russia, and India are also experiencing steady development and are expected to show an increase in stability in near future. Emerging Biofuel Market in India Bio-diesel production is in rise day-by-day basis in India as well as foreign countries. The major reason behind the phenomena is the limited amount of petroleum product reservoirs. The Indian biofuel market has been consistently witnessing growth and developments for past few years. The Government of India is injecting huge amount of money and resources into the development of this sector in an attempt to reduce dependency on imported oil. High volatile oil prices and production levels have further enlightened the need for continuous developments of this sector. The Indian biofuel sector is expected to see robust growth in coming years. Currently, ethanol dominates the Indian biofuel sector, but biodiesel will soon join the commercial stream as the phase one of pilot projects has already been completed. Being at the initial stage, but with huge potential in terms of production, the Indian biofuel industry will prove to be a good option for biofuel producers. Tags #Biodiesel_from_Algae, #Algae_Fuel, Biodiesel from Algae Oil, #Biodiesel_Production, #Algal_Biofuel, #Biodiesel_Production_from_Algae, #Algae_for_Biofuel_Production, Production of Biodiesel from Algae, How to Produce Biodiesel from Algae, How to Make Biodiesel from Algae, Producing Biofuels from Algae, #Biofuel_Production, Biodiesel Production, Biodiesel Production Process, Production of Biodiesel, Biodiesel Production Cost, #Biodiesel_Production_Process Flow Diagram, Biodiesel Production in India, Biodiesel Production PPT, Biodiesel Manufacturing Business, Set-Up Bio-Diesel Production Unit in India, Biodiesel Business Opportunity, #Starting_a_Biodiesel_Production, Bio-Diesel Production Unit, Bio-Diesel Production, How to Start a Biodiesel Business, Starting a Biodiesel Business, Biodiesel Plant, Biodiesel Business Plan, Small Scale Biodiesel Production, Biofuel Manufacturing Industry, How to Start Biodiesel Production Business in India? Biofuel Manufacturing, Biodiesel Manufacture in India, Biodiesel Manufacturing Plant, Biodiesel Production Business, Biodiesel Industry, Detailed Project Report on Biodiesel Production, fuel for the future, #Project_Report_on_Biodiesel_Production, Pre-Investment Feasibility Study on Biodiesel Production, Techno-Economic feasibility study on Biodiesel Production, Feasibility report on Biodiesel Production, Free Project Profile on Biodiesel Production, Project profile on Biodiesel Production, Download free project profile on Biodiesel Production
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Return: 1.00%Break even: N/A
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