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

Meghalaya is a state in north-east India. The name means "the abode of clouds" in Sanskrit. As of 2011, the state has a population of 2,964,007 and is the 23rd most populous in the country. The population of Meghalaya as of 2014 is estimated to be 3,211,474. Meghalaya covers an area of approximately 22,430 square kilometers, with a length to breadth ratio of about 3:1

Meghalaya is predominantly an agrarian economy. Agriculture and allied activities engage nearly two-thirds of the total work force in Meghalaya. However, the contribution of this sector to the State's NSDP is only about one-third. Agriculture in the state is characterized by low productivity and unsustainable farm practices. Despite the large percentage of population engaged in agriculture, the state imports food from other Indian states.


TOURISM

 Meghalaya has some of the thickest surviving forests in the country and therefore constitutes one of the most important ecotourism circuit’s in India. The Meghalaya subtropical forests support a vast variety of flora and fauna. Meghalaya has 2 National Parks and 3 Wildlife Sanctuaries.   Meghalaya also offers many adventure tourism opportunities in the form of mountaineering, rock climbing, and trekking and hiking, water sports etc. The state offers several trekking routes, some of which also afford an opportunity to encounter rare animals such as slow loris, assorted deer and bear. The Umiam Lake has a water sports complex with facilities such as rowboats, paddleboats, sailing boats, cruise-boats, water-scooters and speedboats. Tourism in India is a growing industry, and as per World Tourism Organization predictions, India will be a leader in using tourism as an employment generator. The State of Meghalaya must be placed in a strategic position to take advantage of this growth.

“MEGHALAYA TOURISM DEVELOPMENT CORPORATION” has been set up for developing and promotion of Tourism in Meghalaya. The Corporation shall make efforts to increase its revenue to enable to carry out promotional activities. MTDC will organize package tours not only to Cherrapunjee but to other tourist destinations; organize training for guides, etc.

INDUSTRIAL SECTOR

The New Industrial & Investment Promotion Policy is designed to facilitate investments in new sectors across the State and thus ensure accelerated and sustained growth. The Policy focuses to attract, facilitate and promote wider expectations and high end investment.

There is an urgent need to promote investment in backward and difficult but resource rich areas. Therefore the policy provides additional incentives and support for such investments.


OBJECTIVE OF THE POLICY

•        To promote investment in all sectors

•        Generate employment opportunities for the local people in the industries and allied sectors.

•        To provide special incentives for promoting local Entrepreneurs in setting up of micro, small & medium manufacturing and service enterprises.

•        Develop human resources and bring about improvements in the quality of life by promoting industries in sectors where the state has comparative advantage.

•        Achieve a balanced and growth oriented development covering the entire state through promotion of village and small scale industries.

•        Encourage need based development of local entrepreneurial skills through intensive motivation and training programmes at District, Sub-division and Block levels.

•        Provide guidance to prospective entrepreneurs by building up a data bank of project-profiles and other connected information. Special support to local entrepreneurs will be provided, and monitoring will be done to enable them to be successful.

•        Simplify rules and procedures by providing a single-window clearance facility for all investment proposals as applicable.

•        Promote Tourism, and make Meghalaya a tourist destination.

•        Promote IT as industries.

•        Promote first generation entrepreneurs. Government will encourage setting up of Entrepreneurship Development Institute by private or in PPP mode.

SALIENT FEATURES OF THE INDUSTRIAL POLICY

•        State Government believes in promoting private enterprises for speedy economic development of the State. The Government also stands committed to ensuring the healthy growth of existing industries. For this purpose, Government will ensure optimum number of industries by not permitting excess in any specific sector, thereby ensuring sustainability of existing business.

•        Enterprises promoted and managed by “Woman Entrepreneur”/physically challenged will get additional 10 % (ten percent) incentives on the State Capital Investment Subsidy.

•        Meghalaya has a long international border which needs immediate attention for development. To address this issue, 10 Kms towards the State from the International border is declared as “PRIORITY AREA” and enterprises set up within the 10 Kms area will be given special incentives to be known as “Border Area Subsidy”.

•        Government of Meghalaya recognizes:

1.       Hotels (not below two star category) and Amusement Parks.

2.       Medical and health services in the nature of nursing homes with a minimum capacity of 25 beds and Super – Specialty Health Care.

3.       Vocational training Institutes.


INDUSTRIES IDENTIFIED AS THRUST AREAS

                    Agro Based Industries :

   Horticulture – Based Units

   Biotechnology Based Units

   Medicinal Plants, Tea and Rubber

                       Animal Husbandry and Meat Processing Industries

         Development of Mineral based Industries:

      Coal-Based Industries

     Limestone Based Industries- Cement Plants, Lime Plants,

                      Calcium Carbide   Plants.

                       Electronics & Information Technology

INCENTIVES FOR LARGE AND MEDIUM SCALE INDUSTRIES

•        For large and medium scale industries, there are subsidies like capital investment subsidy, interest subsidy, power subsidy, subsidy on cost of pollution/quality-control measures, special subsidy for pioneer units in backward areas etc.

•        Exemption from the payment of applicable service tax for seven years to a "Tourism Unit"

•        Sales Tax exemption on sale of finished products for a period of seven years from the date of commercial production.

•        Reimbursement of Central Sales Tax (CST) paid on purchase of Capital Equipment installed till the date of project commissioning.

•        Partial exemption for applicable stamp duty.

 

INVESTMENT POLICIES

Meghalaya Government has always endeavored to set up the right kind of business climate to motivate investments in the State. In order to attract investment to the various sectors and thus contribute to the development of the economy as a whole.

The major being the industrial policy, which had been announced with a view to take advantage of the liberalized economic scenario in the country and also to keep pace with development in the national industrial sector are-

•        Generate employment opportunities for the local people in the industries and allied sectors

•        Develop human resources and bring about improvements in the quality of life by promoting industries in sectors where the state has comparative advantage. Create a conducive environment for industrial development by creation of the basic Infrastructural facilities and by setting up of industrial areas, growth centre and export promotion industrial park.

•        Provide preference to local Entrepreneurship in setting up of large, medium and small-scale units.

•        Promote local interests through joint ventures with external investors so as to facilitate technology transfer and capital flow by a package of suitable incentives.

•        Encourage setting up of export-oriented, Agro based, Mineral-based, Horticultural based and Electronic units as thrust area.

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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.

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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.

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Invert Sugar Syrup

Invert sugar (syrup) is an edible mixture of sugars made by heating up table sugar (sucrose) with water. As invert sugar is thought to be sweeter than table sugar and foods that contain it hold in moisture and crystallize less easily, bakers, who call it invert syrup, may use it more than other sweeteners. Invert sugar (C12H24O12) is a mixture of glucose and fructose obtained by the hydrolysis of sucrose. Cane sugar comes from sugarcane. Invert Syrup contains equal proportions of the invert (reducing) sugars: glucose and fructose. It has wide application and is particularly useful where high concentrations of invert sugars are required. The requirement for invert sugar syrup has been on the rise in India. There is a gradual realization among both bakers and honey makers that it is almost impossible to achieve the same quality of invert sugar using in-house production. The global liquid sugar market is segmented based on type, application, and geography. The inverted sugar syrup segment is expected to grow at a faster rate comparatively due to its extensive application in non-alcoholic refreshing beverages. As a whole you can invest in this project without risk and earn profit. Few Indian major players are as under • Dhampure Specialty Sugars Ltd. • Eastern Sugar & Inds. Ltd. • Gem Sugars Ltd. • Sangita Bio-Chem Ltd. • U P Organics Ltd.
Plant capacity: Invert Sugar Syrup: 20 MT/DayPlant & machinery: 397 lakhs
Working capital: -T.C.I: Cost of Project: Rs 733 lakhs
Return: 27.00%Break even: 58.00%
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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 a water-soluble orange-yellow coloured powder. Today, India is the primary exporter of turmeric (known as haldi in India). Curcumin is one of three curcuminoids of turmeric. The other two curcuminoids are demethoxycurcumin and bisdemethoxy curcumin. Curcumin production is mainly concentrated in India exceeding 78% of the global output. The industry expects the significant growth in China, India, Brazil, and South Africa. The BRIC nations will represent more than 44% of the global OTC demand by 2024. This facilitates the development of new technologies and ensures a high quality product. 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. • Synthite Industries Ltd.
Plant capacity: Curcumin Powder : 25 Kgs/Day Turmeric Oil: 25 Kgs/Day Deoiled Turmeric: 440 Kgs/DayPlant & machinery: 149 lakhs
Working capital: -T.C.I: Cost of Project: Rs 303 lakhs
Return: 26.00%Break even: 52.00%
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Banana, Onion, Orange and Tomato Powder

The fruit & vegetable powders are specialized foods that have extremely high concentration of vitamins, minerals and phytonutrients. They make a great addition to smoothies and other recipes. Dehydrated vegetable and fruit powders are more practical than their fresh counterparts for food manufacturing. They have a longer shelf life and some powders like are packed with essential vitamins and minerals. While powders are high in demand, the problem is that most of them exist with bland flavors and colors. This is extraction, processing, and storage. Onion powder is considered to offer enhanced taste and better texture owing to which it has become an essential ingredient in a number of applications in the food industry. the market is further expected to reach a volume of around 68 Thousand Tons by 2022. the market is further expected to reach a volume of around 68 Thousand Tons by 2022. As a whole there is a good scope for new entrepreneur to invest in this business. ? Few Indian major players are as under • Coduras Exports Ltd. • Gujarat Dehyd Foods Ltd. • K I Z Foods Ltd. • Kasaar Innovative Foods Ltd. • L M P Gujarat Agro Exports Ltd. • Oceanic Foods Ltd. • Orient Vegetexpo Ltd.
Plant capacity: Banana Powder: 625 Kgs./Day Onion Powder: 300 Kgs./Day Orange Powder: 500 Kgs./Day Tomato Powder: 500 Kgs./DayPlant & machinery: 98 lakhs
Working capital: -T.C.I: Cost of Project: Rs 401 lakhs
Return: 25.00%Break even: 65.00%
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Potato Powder, Granules and Pellets

Potato powder is increasingly being used in a variety of food preparations like snack foods, soups, curries and other dishes as a thickening agent. Potato Granules are created during a process where the potato cells remain almost intact, which leads to a very low proportion of starch. Potato Granules can be soluble at high temperatures when use as a thickening agent. Potato pellets are intermediate non-expanded products made with raw materials potatoes. These semi-finished products are generally sold to snack manufacturers. India Potato production is likely to be lower at close to 100 lakh tonne this year, down from 110 lakh tonne in 2017. Revenue in the Potato Products segment amounts to US$3405m in 2018. The market is expected to grow annually by 6.5 % (CAGR 2018-2021). From an international perspective it is shown that most revenue is generated in the United States (US$9,504m in 2018). As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Balaji Wafers Pvt. Ltd. • Indian Food Fermentations Ltd. • Kalindi Agro Biotech Ltd. • Southern Health Foods Pvt. Ltd.
Plant capacity: Potato Powder: 5 MT/Day Potato Granules : 2.50 MT/Day Potato Pellets: 2.50 MT/DayPlant & machinery: Rs 726 lakhs
Working capital: -T.C.I: Rs 1068 lakhs
Return: 27.00%Break even: 49.00%
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Baby Diaper and Sanitary Napkins

A diaper or nappy is a kind of underwear that allows one to defecate or urinate in a discreet manner. Most materials in the diaper are held together with the use of a hot melt adhesive which is applied in spray form or multi lines, an elastic hot melt is also used to help with pad integrity when the diaper is wet. Sanitary napkin, a universally needed product, has very low penetration in India and other developing countries, partly due to its high price and partly due to the tradition of using cheaper but unhygienic old cloth piece. As a result they become the host of many infectious diseases. This is due to lack of awareness and economic inability for adopting better precautions like use of good sanitary napkins during menstruation period. The Baby Diaper market is expected to reach around INR 200 Billion by 2022, growing at a double digit CAGR over the forecasted period 2017-2022. According to “India Diaper Market Outlook, 2021”, India’s diaper market was growing with a CAGR of 22.23% over past five years. India feminine hygiene market grew with a CAGR of about 16.05% in the period of five years. As a whole entrepreneur can venture in this field will be successful. Few Indian major players are as under • Carewell Hygiene Products Ltd. • Centron Industrial Alliance Ltd. • Diapers India Ltd. • Godrej Hygiene Products Ltd. • Gufic Biosciences Ltd. • H L L Lifecare Ltd.
Plant capacity: Sanitary Napkins (8 Pcs/Pkt) : 31250 Packets/Day Baby Diapers (4 Pcs/Pkt): 25000 Packets/DayPlant & machinery: Rs 704 lakhs
Working capital: -T.C.I: Rs 1331 lakhs
Return: 30.00%Break even: 48.00%
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Grape Wine

Wine can be made from grapes, fruits, berries etc. Most wine, though, is made from grapes. And no matter what the wine is made from, there must be fermentation, that is, that sugar be transformed into alcohol. If the amount of alcohol is relatively low, the result is wine. If it is high, the result is "distilled liquor," like gin or vodka. White wines can be made from pigmented grapes by removal of skins, pulp and seeds before juice fermentation. Wines might be "fortified," "sparkling," or "table." Wine production in India, though still at a nascent stage, is likely to reach 18 million liter this year and 21 million liter by 2018 from 17 million liter estimated last year, according to a study. The year-on-year growth rate has clocked five%, a just concluded study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) said. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Charosa Wineries Ltd. • Four Seasons Wines Ltd. • Grover Zampa Vineyards Ltd. • Indage Vintners Ltd. • Millennium Spirits Pvt. Ltd. • N D Wines Pvt. Ltd.
Plant capacity: Grape Wine (Each Bottle 750 ml Size): 444 Bottles/DayPlant & machinery: Rs 164 lakhs
Working capital: -T.C.I: Cost of Project: Rs 615 lakhs
Return: 29.00%Break even: 39.00%
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Dehydrated Vegetables, Mushroom and Soup

Dehydrating vegetables once dehydrated, they take very little room to store. Nutrients aren’t destroyed as they are with canning. Nothing is spoiled. And dehydrated vegetables can store for years. Most vegetables can be dehydrated; some require blanching first, but for many vegetables, prep is as simple as chopping or slicing. Dehydration is the process of removing water or moisture from a food product. Removing moisture from foods makes them smaller and lighter. The dried and preserved vegetables market of India is expected to grow at a CAGR of 16% by the year 2020. The supportive agro-climatic conditions, potential domestic market, cost competitiveness, and government support are some of the key factors which will drive the growth of this industry. The rising demand of seasonal vegetables across the year is supporting the growth of Dehydrated Vegetable market during the forecast period. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • A S R Agro Ltd. • Agro Dutch Inds. Ltd. • Classic Mushrooms Ltd. • Coduras Exports Ltd. • Flex Foods Ltd. • Gujarat Dehyd Foods Ltd. • Himalaya Food Intl. Ltd.
Plant capacity: Dehydrated Vegetables, Mushroom & Soup: 3130 Packs/DayPlant & machinery: Rs 102 lakhs
Working capital: -T.C.I: Cost of Project: Rs 394 lakhs
Return: 27.00%Break even: 62.00%
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Mango Pulp With Cold Storage

Mango Pulp is prepared from selected varieties of Fresh Mango Fruit. Fully matured Mangoes are harvested, quickly transported to the fruit processing plant, inspected and washed. Selected high quality fruits go to the controlled ripening chambers; Fully Ripened Mango fruits are then washed, blanched, pulped, deseeded, centrifuged, homogenized, concentrated when required, thermally processed and aseptically filled maintaining sterility. As mango is a seasonal fruit, about 20% of fruits are processed for products such as puree, nectar, leather, pickles, canned slices, and chutney. These products experience worldwide popularity and have also gained importance in national and international market. The export of Senegal’s mangoes has greatly increased over the years. From 8,500 tons about 3 years ago and today we are exporting about 16,500 tons.
Plant capacity: Mango Pulp: 32.50 MT/Day Mango Concentrate: 16.25 MT/DayPlant & machinery: Rs 1885 lakhs
Working capital: -T.C.I: Cost of Project: Rs 3232 lakhs
Return: 27.00%Break even: 47.00%
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LPG Cylinder Refilling Plant

Liquefied Petroleum Gas is a Propane / Butane mixture liquefied under normal ambient temperature and moderate pressures. It is a safe, clean burning, reliable, high calorific value fuel. The detailed design of filling plants, and the associated cylinder filling equipment, should be undertaken by an appropriate supplier based on the required performance specification. The basic operations undertaken in the filling plant and maintenance areas e.g. cylinder inspection, cylinder filling, leak testing, checks to ensure no overfilling, cylinder evacuation and vapor recovery, re-valving, cylinder requalification, maintenance and repair of cylinders, grit blasting, painting, etc. Application of LPG in the industrial sector is also increasing, owing to growing use of LPG as a feedstock in petrochemical plants in the country. Moreover, rising demand from transport segment and increasing consumption of LPG to produce various chemical components such as propylene, ethylene, butadiene, etc., is further anticipated to boost demand for LPG in the country in the coming years. The mini-filling plant concept makes LPG easily accessible in many parts of the country. Approximately 65% of the LPG demand is located in countries. This facilitates the development of new technologies and ensures a high quality product.
Plant capacity: 16000 Pcs./DayPlant & machinery: Rs 1391 lakhs
Working capital: -T.C.I: Cost of Project: Rs 11166 lakhs
Return: 30.00%Break even: 31.00%
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Production of Disposable IV Cannula and Catheters

Production of Disposable IV Cannula and Catheters, Intravenous Catheter Industry, Medical Plastic Device Business The catheter is a thin sterilized tube made from medical grade materials and can offer a broad range of medical conditions. Catheters can also be inserted into a body cavity, duct or vessel for drainage, administration of fluids or gasses. Catheters used to access for surgical instruments and also to perform a wide variety of other tasks depending upon the type of catheter. Intravenous or IV therapy is beneficial for several conditions and medical situations including dehydration, nutrition, shock, surgery, blood transfusions, chemotherapy and medication administration. A small tube placed into peripheral vein in order to administer medication directly into the circulation is known as a peripheral intravenous (IV) catheter. In addition to medication administration, peripheral intravenous (IV) catheters are used to withdraw blood from veins for testing. Advanced peripheral intravenous (IV) catheters are equipped with additional safety features to avoid needle stick injuries. Due to their direct contact with the circulatory system, peripheral intravenous (IV) catheters are prepared with nonirritant material such as silicone, which do not have side effects even when peripheral intravenous catheters are left in contact with the circulatory system for several months or weeks. The Indian market for peripheral intravenous catheters (PIVCs) is split up into 2 segments: conventional PIVC and safety PIVC. PIVCs are inserted in veins and arteries. An arterial access site is utilized in patients that require blood pressure monitoring. Firmer catheters are preferred for arterial access. A venous access site is utilized for infusing fluids, providing antibiotic treatment and other standard procedures. In 2016, safety PIVCs represented 12% of the total market for PIVCs, with the remaining balance represented by conventional PIVCs. Growth in the unit sales of advanced materials PIVCs is expected to drive gains in the share of safety PIVCs over the forecast period. Peripheral intravenous (IV) catheters are commonly used for vascular access. Medicine administered through a peripheral intravenous (IV) catheter enters directly into the blood flow and thus shows rapid action. With the advantage of rapid action, peripheral intravenous (IV) catheters are commonly used in emergency patients, surgical patients and patients suffering from vomiting, pediatric patients, unconscious patients and the elderly population, who face difficulty in swallowing medicines. Factors such as aging of population and advancement in surgical and treatment technologies resulting in increased surgical procedures are driving the global peripheral intravenous (IV) catheters market towards growth. On the other hand, factors such as high cost of closed catheters, painful insertion and need of trained medical professional to use peripheral intravenous (IV) catheters are restraining the growth of the global peripheral intravenous (IV) catheters market. Based on the type of catheters commercially available, the global peripheral intravenous (IV) catheters market is segmented as follows: • Integrated/Closed catheters • Peripheral insertion catheters Use of integrated/closed intravenous (IV) catheters is rapidly increasing over conventional intravenous (IV) catheters due to capacity of integrated catheters to apply power while injecting medicine in the circulation. Integrated intravenous (IV) catheters are used for injecting contrast media into the circulation system prior to computed tomography (CT) imaging. On the other hand, high cost of the integrated peripheral intravenous (IV) catheters is restraining the growth of integrated peripheral intravenous (IV) catheters market in economically backward markets. The increasing incidences of trauma (accidents and burns) cases, the prevalence of chronic diseases, and cases of hospital-acquired infections is attributing to the growth of the global IV catheters market. The global peripheral intravenous catheter market is expected to observe steady growth in 2016, reaching beyond US$ 3.8 Bn by 2016 end. Wide adoption of catheterisation techniques in patient examination, diagnosis, and treatment is anticipated to fuel the demand for PIVC. Rising disease prevalence will play a key role in driving the market growth. North America is likely to remain the largest market; Asia Pacific is expected to emerge at the fastest rate. Soaring disease prevalence will remain a prominent factor driving the demand for catheterisation, in turn pushing the market for PIVC. Apart from its usage in drug administration, increasing adoption of peripheral intravenous catheter in body fluid collection during a patient’s physical examination, is also identified to be a key driver to market growth. Prevalence of infections and epidemics are expected to further spur the demand for catheters in hospitals, clinics, ambulatory surgical centres, home healthcare units, and other healthcare centres. In addition to constantly enhancing healthcare infrastructure, the healthcare spending of consumers is also on the rise, which will favour the market growth. By product type, the global peripheral intravenous catheters market is segmented into short PIVC and integrated/closed PIVC. Among these, integrated/closed PIVC segment is expected to register fastest CAGR of 8.9% during the forecast period. Short PIVC segment is expected to contribute a maximum share to the global peripheral intravenous catheters market. Non-ported PIVC product type sub-segment is expected to register fastest CAGR over the forecast period. Globally, catheters market is driven mainly due to the continuous rise in population of cardiovascular disorders patients across the world. Diabetes, tachycardia, hypertension are no more rare among individuals. At present, each country has shown the marked rise in diabetes and hypertension patients supported by various lifestyle factors which include smoking, drinking, and sedentary lifestyle. These factors increasing demand for minimally invasive surgeries which propel the growth of global catheter market. In addition, growing aging population, favorable reimbursement policies and increasing demand for advanced urinary catheters are major factors leading to increased demand for urinary catheters, thereby fuelling the growth of the catheter market. Cannula is a thin tube which is inserted in to the human body veins or body cavity to introduce medication, removal off fluid or to insert the surgical instrument. Cannula is usually surrounded by the trocar needle with inner and outer surface, which allows puncturing of the body in order to get enough space, it is also named as intravenous IV cannula. The normal cannulas size mainly ranges around 14 – 24 gauge. There are various types of cannula such as venous cannula, arterial cannula, nasal cannula or an oral-nasal cannula. The venous cannula is used for inserting in veins for the removal of blood samples and for administering medicines. An arterial cannula is used to insert in the artery of human body commonly in the radial artery during major operations such as bypass surgery and are also used to measure beat to beat blood pressure this is a painful procedure that leads to stress and anxiety. The nasal cannula or the oral nasal cannula used in the insertion into nostrils and mouth and also for delivering oxygen or to measure the airflow into the nose. Uses A venous cannula is inserted into a vein, primarily for the administration of intravenous fluids, obtaining blood samples and administering medicines. An arterial cannula is inserted into an artery, commonly the radial artery, and is used during major operations and in critical care are as to measure beat-to-beat blood pressure and to draw repeated blood samples. IV Cannula is amongst the most extensively used medical disposables. Healthcare professionals represent the largest end-use market for cannulae. Worldwide market for IV Cannula is driven by an aging population and related rise in healthcare demand. There are many manufacturer of IV Cannula in the country, out of which about 5-6 units are under small-scale sector. The Present demand of Disposable IV Cannula is being adequately met by indigenous production. In increasing awareness in health care and like diseases and improvement in per capita income is expected to create further growth in demand of disposable IV Cannula. IV Cannula have lower coefficient of thermal expansion and hence have greater accuracy. It is unbreakable. The IV cannula market is estimated to grow at a CAGR of 6.2% from 2017 to 2022 to reach USD 13.63 Billion by 2022. The base year considered for the study is 2017 and the forecast for the market size is provided for the period between 2017 and 2022. The global peripheral intravenous catheter market was valued at US$ 3,500 Mn in 2014. North America was the largest market for peripheral intravenous catheters, accounting for over 45% revenue share of the overall market in 2014, followed by Europe with around 27% share. The demand for peripheral I.V. catheters is increasing, due to increasing prevalence of chronic and lifestyle associated diseases. The prevalence of chronic diseases, such as heart disease, cancer, stroke, respiratory disease and diabetes, is increasing due to the alteration in lifestyle and lack of access to preventive care. The increasing aging population is propelling the growth of the global peripheral I.V. catheter market, as the geriatric population is more susceptible to diseases, sickness and syndromes, due to less regenerative abilities. This leads to the increased demand for drugs, thus leading to the growth in adoption of peripheral I.V. catheters for delivering drugs, supplying nutrients and for the treatment of various diseases. Moreover, the increase in healthcare expenditure leads to an increased affordability and accessibility of the treatment for various conditions. Tags IV Catheter Production, Manufacturing Business of Medical Disposables, IV Cannula Manufacturing Plant, IV Catheter Manufacturing, Catheter Manufacturing, Project Report on Manufacturing Medical Plastic Catheters, Intravenous Catheter Industry, IV Cannula, IV Cannulae, IV Canula, Manufacture Intravenous Catheter, Medical Disposable Product, IV Cannula Manufacture, Cannula, Catheter Manufacture, Infusion Therapy Product, How Catheter is made, I.V. cannula manufacturing, Project report for manufacturing of I.V. Cannula, IV Cannula Manufacturing Unit, Disposable Medical Devices manufacture, Production of IV Cannula, IV Cannula Production, Production of IV Catheter, I.V. Cannula Manufacturing Plant, Infusion Set Manufacture, Production Plant of I.V. Cannula, IV Cannula Manufacture in India, Catheter Manufacturing, Medical Device Manufacturing, Catheter Manufacturing Process, Disposable syringe with Needle, I.V. Catheter Manufacture, IV Solutions Factory, Production of I.V. 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Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • 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.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Selection of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

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