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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.

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.

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We can also prepare project report on any subject as per your requirement.

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Antiseptic Lotion (Dettol Type)

Antiseptic is the chemical substances that are used to kill the pathogenic microorganism in or on the surface tissue. Antiseptics mainly act by dissolving cell membranes, protein denaturation and cause dehydration of the cells due to evaporation. For example, chloroxylenol is a chlorinated phenolic antiseptic mostly active against gram-positive bacteria and used in lubricating cream for vaginal examination; used on obstetrical forceps etc. In the end-user segment, institutional segment dominates the global antiseptic and disinfectant market. Globally, approximately more than 50% of the antiseptic and disinfectant market has been captured by institutional end-user segment. This growth is mainly attributed due to the presence of a large number of hospitals coupled with an increase in the number of medical professionals across the globe. Hospitals and healthcare segment is expected to experience significant growth within the forecast period due to the outbreak of infectious diseases such as swine flu and avian flu which has triggered the use of antiseptics and disinfectants products market in developing countries. Domestic use of antiseptics and disinfectant is also expected to experience significant growth due to increasing public awareness regarding the potential dangers of microbial infection infections. North America is expected to witness moderate growth within the forecast period owing to the saturation of red meat market in U.S and Mexico on antiseptic and disinfectant. This is expected to have an adverse impact on the antiseptic and disinfectant market over the years. However, the demand for antiseptic and disinfectant has been increasing in the past few years owing to the rising awareness of nutritional benefits of antiseptic and disinfectant. Major companies in the U.S. are expanding their vegetable production capacities to cope up with the growing demand for foreign imports in the US market. This is expected to fuel the market growth of antiseptic and disinfectant market. In addition, high literacy rate coupled with the increasing number of health care center and business center are likely to contribute to the growth of antiseptic and disinfectant market.
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Return: 1.00%Break even: N/A
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Flush Doors

A flush door has a basic structure composed of solid blockboard core, vertical stiles, and horizontal rails that create a pre-fixed frame. The blockboard is composed of wooden strips that are placed edge-to-edge and sandwiched between veneers, then bonded under high pressure and temperature using a synthetic resin. So in a simpler term, it is a door that is made of a timber frame covered with ply from both the sides and then the hollow part inside is filled with rectangular blocks of soft wood. Then a decorative finish is given by fixing veneer on the top. A flush door is so called because it has an entirely smooth surface. If water were to be splashed on its surface, it would simply flow off its surface without accumulating. The door is the important element of the house after the roof and window. It provides safety and privacy to the occupant of the house. The door comes in the variety of style, design and patterns. There are different types of doors available in the market i.e. panel door, flush door, revolving door, glass door, etc. Among them, the flush door is one of the most popular doors used in the house. The doors market is estimated to be valued at USD 81.67 Billion in 2017 and is projected to reach USD 103.52 Billion by 2022, at a CAGR of 4.86% from 2017. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.
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Flush Door, Chip Board, Hard Board, Insulating Board

Flush Door A flush door has a basic structure composed of solid blockboard core, vertical stiles, and horizontal rails that create a pre-fixed frame. The blockboard is composed of wooden strips that are placed edge-to-edge and sandwiched between veneers, then bonded under high pressure and temperature using a synthetic resin. So in a simpler term, it is a door that is made of a timber frame covered with ply from both the sides and then the hollow part inside is filled with rectangular blocks of soft wood. Then a decorative finish is given by fixing veneer on the top. A flush door is so called because it has an entirely smooth surface. If water were to be splashed on its surface, it would simply flow off its surface without accumulating. Chip Board Particle board – also known as particleboard, low-density fibreboard (LDF), and chipboard – is an engineered wood product manufactured from wood chips, sawmill shavings, or even sawdust, and a synthetic resin or other suitable binder, which is pressed and extruded. Oriented strand board, also known as flakeboard, waferboard, or chipboard, is similar but uses machined wood flakes offering more strength. All of these are composite materials that belong to the spectrum of fiberboard products. Chipboard can also be used as a scrapbooking embellishment. High-grade chipboard can also be used to create lightweight furniture like tables, stools, benches and bookcases. This type of chipboard is covered in a veneer or laminates to make furniture, which can be less expensive than solid wood. Chipboard, is made from wood chips, sawmill shavings, sawdust, and synthetic resin or other suitable binder, which is pressed and extruded. The factors which have contributed in influencing the market demand are its affordability, ease in installation, and high density and uniformity. In spite of its density, particle board is the lightest type of fibreboard and is less strong than even medium-density fibreboard. Hardboard Hardboard, also called high-density fiberboard, is a type of fiberboard, which is an engineered wood product. It is similar to particle board and medium-density fiberboard, but is denser and much stronger and harder because it is made out of exploded wood fibers that have been highly compressed. Hardboard is a composite wood product used in construction and woodworking. It is typically sold in 4' by 8' (1.2 to 2.4 m) sheets, and can range from 1/4" to 1" (6.35 to 25.4 mm) in thickness. While it is similar in appearance to plywood or particleboard, hardboard is actually constructed quite differently from these products. It is made from fine wood fibers that are compacted under high levels of heat and pressure to form a very dense, hard wooden sheet. Due to the extreme heat and pressure levels, there is usually no need to use adhesives or binding agents to hold the wood fibers together. Insulating Board Insulating board: a board with insulating properties especially : a structural or finish material that consists of sheets of lightly compressed vegetable pulp variously finished and is used especially for its thermal insulating effect resulting from great numbers of minute included air spaces. The global market for thermal insulation is benefitting from government-backed environmental regulations for conservation of energy in buildings. In particular, governments in cold countries are actively promoting zero energy loss buildings that can be attained by means of reliable thermal insulation materials. As per the analysis revealed by the institute for Energy Diversification and Saving (IDEA), thermal insulation improvements can account for up to 30% drop in heat and air conditioning consumption to translate into energy and money savings and reduction in CO2 emissions as well.
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Bulk Drugs

A bulk drug also called active pharmaceutical ingredient (API) is the chemical molecule in a pharmaceutical product (medicines we buy from the chemist) that lends the product the claimed therapeutic effect. In other words, it is the substance responsible for the product being a medicine, penicillin to give one example. As is evident from this, there are ingredients other than the API in products sold as medicines. After years of sluggish growth, Indian bulk drug (API, Active Pharmaceutical Ingredients) industry is expected to recover in 2018-19, driven by solid demand from the formulation industry and strong growth in direct exports on the back of low intermediate chemical prices supported by low crude oil prices. The country’s bulk drug market is 3rd largest in the world in terms of volume and 13th largest in terms of value. India’s bulk drug production has seen a stable growth in the last couple of years in the generic sector and is expected to grow at a healthy CAGR of 7.5% in the forecast period 2017-2022. The global Active Pharmaceutical Ingredient (API) market size was valued at USD 134.2 billion in the year 2015 and is estimated to reach a value of USD 239.8 billion by 2025, growing with CAGR of 6.0 %. The market growth can be linked to the rising prevalence of chronic diseases such as cancer, neurological diseases, and cardiovascular diseases. Increasing demand for rapid-acting & efficient drugs and introduction of innovative drug manufacturing facilities are other key drivers estimated to fuel growth of this market over the forecast period.
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Glass Marble

Marbles are small balls of colored or decorated glass which are either intended for playing the ancient game of marbles or as collector's items. They can be mass produced or hand-made. One ancient method of making colored marbles was to put a mixture of sand and charcoal into an iron mould shaped like a marble and place small pieces from glass canes into this mixture, then heat and rotate the mould to melt and fuse all the edges. Marbles are small, round, spherical objects made from glass or stone and most commonly used in children's games. They are usually less than an inch (2.54 cm) in diameter and often brightly colored or otherwise decorated.
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Synthetic Red Iron Oxide Manufacturing Business

Synthetic Red Iron Oxide Manufacturing Business. Production of Iron Oxide Pigments. Synthetic Iron Oxide Factory Synthetic red iron oxide is the most common colorant in ceramics and has the highest amount of iron. It is available commercially as a soft and very fine powder made by grinding ore material or heat processing ferrous/ferric sulphate or ferric hydroxide. During firing all irons normally decompose and produce similar colors in glazes and clay bodies (although they have differing amounts of Fe metal per gram of powder). Red iron oxide is available in many different shades from a bright light red at a deep red maroon, these are normally designated by a scale from about 120-180 (this number designation should be on the bags from the manufacturer, darker colors are higher numbers), however in ceramics these different grades should all fire to a similar temperature since they have the same amount iron. The different raw colors are a product of the degree of grinding. Synthetic Iron Oxides have become increasingly important due to their pure hue, consistent properties, and tinting strength. Single-component forms are mainly produced with red, yellow, orange and black colours. Their composition corresponds to that of minerals hematite, goethite, lepidocrocite, and magnetite. Brown pigments usually consist of mixtures of red and/or yellow and/or black iron oxides. Uses of Synthetic Iron Oxide Pigments These pigments are used in wood and paper stains, linoleum, oilcloth, paints, mortar, plaster, bricks, rubber and for other pigment able substances. The range of applications of synthetic Iron Oxide Pigments is longer than the Natural Iron Oxide Pigments. Synthetic Iron Oxide are used in the following types of industry: • Cement industry, to Colour every kind of cement, mortar, grout, pavements, tiles, blocks, etc. • Paintings: primer, waterproof, enamels, decoration painting, coverings, etc. • Plastics: master batch, PVC, etc. • Paper industry: carton, mouthpiece for cigarettes, etc. • Glass industry, abrasives, food for animals, cosmetics, skins rubber, asphalt, etc. Market Outlook Today, there is a lot of varieties of Synthetic Iron Oxide Pigments are available in the market. These synthetic pigments are found in different colors, having superior uniformity, excellent quality and high purity. But, in reality, the Natural Iron Oxide Dyes are preferred over their counterparts. This is because of theirs ample availability and low cost of extraction. Iron oxide pigments improve the physical and mechanical properties of substrates. They offer properties such as good color strength, heat & light stability, opacity, weather & chemical resistance, and durability to substrates. Iron oxide pigments provides colors to varieties of end user applications and are employed in numerous industries around the globe to provide permanent and stable coloring effects to the substrates. Pigments are also known as colorants, which are insoluble products that can be employed to impart colors to construction materials, paints, inks, plastics, papers, cosmetics, rubbers, concrete blocks, tiles, etc. Pigment molecules contain electrons that can occupy different energy levels when exposed to light. Pigments possess the ability to reflect or absorb light of specific wavelengths. This results in the appearance of colors. Iron oxide pigments can be sub-divided into synthetic and natural iron oxide pigments. Synthetic iron oxide pigments are made from petrochemicals and waste metal ore slurry. Synthetic iron oxide pigments are cheap as compared to organic iron oxide pigments owing to low cost of raw material as well as synthetic iron oxide pigments have good dispersibility, high tinting strength, UV stability, excellent color intensity, and non-toxic properties. Natural iron oxide pigments are costly as compared with its synthetic counterpart owing to high cost of raw material. Natural iron oxide pigments are more durable and have excellent tinting strength as compared with synthetic pigments. Most of the natural iron oxide pigments are employed in paints & coatings and other automotive applications. Consumption of synthetic iron oxide pigments is much higher as compared with natural iron oxide pigments owing to low cost and high flexibility in varieties of applications in concretes, mortar, render, paving stones, tiles, laminate flooring, cosmetics, rubber, corrosion paints, industrial paints, architectural paints, and plastic materials. Growing construction activities, recovering economy in developed countries, and expanding infrastructure programs in combination with growing urbanization in developing economies, are the prime factors responsible for the growing consumption of iron oxide pigments around the globe. Iron oxide pigments can be sub-divided into synthetic and natural iron oxide pigments. Synthetic iron oxide pigments are made from petrochemicals and waste metal ore slurry. Synthetic iron oxide pigments are cheap as compared to organic iron oxide pigments owing to low cost of raw material as well as synthetic iron oxide pigments have good dispersibility, high tinting strength, UV stability, excellent color intensity, and non-toxic properties. Natural iron oxide pigments are costly as compared with its synthetic counterpart owing to high cost of raw material. Natural iron oxide pigments are more durable and have excellent tinting strength as compared with synthetic pigments. Red color iron oxide pigments are consumed in majority followed by yellow and black pigments. These are the basic color pigments and are used in combinations to produce other colors. The most commonly used methods of manufacturing iron oxide pigments includes the Laux process. Growing construction industry in Asia Pacific and the Middle East are anticipated to drive market growth over the next eight years. Favorable government regulations regarding environmentally friendly products coupled with technological advancements are expected to have a positive impact on market growth. Iron oxide pigments in Asia Pacific shows huge growth potential due to the rising expectation of consumers. Moreover, demand for blend iron ore pigments is increasing at a higher rate globally. Construction is the largest end-use Industry. The improving economic conditions are driving the construction industry, which in turn is fueling the growth of iron oxide pigments market. Asia Pacific and Europe are the key market which together contribute more than half of the iron oxide pigments market. Among end users, the coatings segment is expected to grow at the highest CAGR during the forecast period. High demand of iron oxide pigments across varied applications, such as interior and exterior coatings, industrial coatings, protective coatings, wood coatings, automotive coatings, architectural coatings, and appliances coating, is expected to drive the consumption of iron oxide pigments in this segment. Few Indian Major Players are as under: • Coltech Chemicals (India) Ltd. • Heubach Toyo Colour Pvt. Ltd. • Lona Industries Ltd. • Mallak Oilchem Pvt. Ltd. • Anirox Pigments Ltd. • Aquathane Chemicals Pvt. Ltd. • Asahi Songwon Colors Ltd. Tags Synthetic Red Iron Oxide, Iron Oxide Pigments, Synthetic Iron Oxide, Preparation of Red Iron Oxide, Production of an Iron Oxide Pigment, Making of Iron Oxide Pigment, Synthetic Iron Oxide Production Process, Synthetic Iron Oxide Uses, Iron Oxide Pigment Manufacturing Process, Synthetic Iron Oxide Pigments Manufacture, Manufacturing of Iron Oxide, Iron Oxide Pigments Manufacturing Process, Manufacturing of Synthetic Red Iron Oxide Pigments, Iron Oxide Synthetic, Synthetic Iron Oxide Production Process, Manufacturing Industry for Synthetic Iron Oxide, Synthetic Iron Oxide Manufacture, Synthetic Iron Oxide Manufacturing, Iron Oxide Factory, Iron Oxides Manufacture, Preparation of Iron Oxide, Synthetic Iron Oxide Production Process PPT, Red Iron Oxide Manufacture, Synthetic Iron Oxide Manufacture in India, Iron Oxide Pigments Manufacturing Process, Project Report on Synthetic Red Iron Oxide manufacturing Industry, Detailed Project Report on Synthetic Iron Oxide Production, Project Report on Synthetic Iron Oxide Production, Pre-Investment Feasibility Study on Synthetic Red Iron Oxide manufacturing, Techno-Economic feasibility study on Synthetic Iron Oxide Production, Feasibility report on Synthetic Red Iron Oxide manufacturing, Free Project Profile on Synthetic Iron Oxide Production, Project profile on Synthetic Red Iron Oxide manufacturing, Download free project profile on Iron Oxide Production
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Automobile Parts

The Indian auto-components industry has experienced healthy growth over the last few years. Some of the factors attributable to this include: a buoyant end-user market, improved consumer sentiment and return of adequate liquidity in the financial system. The auto-component industry of India has expanded by 14.3 per cent because of strong growth in the after-market sales to reach at a level of Rs 2.92 lakh crore (US$ 43.55 billion) in FY 2016-17. The industry is further expected to grow to US$ 47-49 billion in FY18. The auto-components industry accounts for 2.3 per cent of India’s Gross Domestic Product (GDP) and employs as many as 1.5 million people directly and indirectly each. A stable government framework, increased purchasing power, large domestic market, and an ever increasing development in infrastructure have made India a favourable destination for investment. The Indian auto-components industry can be broadly classified into the organised and unorganised sectors. The organised sector caters to the Original Equipment Manufacturers (OEMs) and consists of high-value precision instruments while the unorganised sector comprises low-valued products and caters mostly to the aftermarket category. The total value of India’s automotive exports stood at Rs 73,128 crore (US$ 10.9 billion) in 2016-17 as compared Rs 70,916 crore ($10.8 billion) in the year 2015-16. This has been driven by strong growth in the domestic market and increasing globalisation (including exports) of several Indian suppliers. Auto-component exports from India are expected to grow 7-9 per cent in FY18, backed by stronger global growth and higher exports to emerging nations. Growth is further expected to accelerate to 8-10 per cent in FY19 due to pick up in global scenario.
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Rubber Plantation

Basically rubber is an elastic solid material retrieved from latex of many tropical trees. However, “Hevea brasiliensis” is the most commercially cultivated rubber plant. Rubber is used for many purposes which may include erasers to tyres, tubes & industrial products. Rubber finds application in number of products, which are used in all industries. India is the third largest producer and fourth largest consumer of natural rubber in the world and also the fifth largest consumer of natural rubber & synthetic rubber put together. The latest trend gaining momentum in the market is bio-based tires helping market growth. The tires used in automotive vehicles are going to be bio-based during the forecast period. There is a great turmoil in the rubber industry to manufacture automotive vehicle tires made from renewable raw materials. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. Regionally, Thailand is the biggest production area of natural rubber, about 30.41% production market share of the global production in 2016, also the leader in the whole natural rubber industry. Then Indonesia, Vietnam, Malaysia, China and Indian are the main production regions in turn. The global production of natural rubber has reached 13030.2 K MT by the end of year 2016, with annual growth rate around 2-3% during the past years.
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Battery for Auto Vehicles

An automotive battery is a rechargeable battery that supplies electrical current to a motor vehicle. Its main purpose is to feed the starter, which starts the engine. Once the engine is running, power for the car's electrical systems is supplied by the alternator. The market demand for these battery is huge as more and more vehicles are being developed daily and more electric vehicles are increasingly being used. As the automotive technology has advanced, automobiles consist of a large number of functions these days. These functions have increased exponentially during the past few years, as a result of the intense competition amongst the vehicle manufacturers. Features, like state-of-the-art gadgets and lighting, car infotainment systems, etc. have trickled down even into the entry-level automobiles. These new attributes have put immense pressure on car batteries, which have to take on higher loads. The new fuel-saving technologies, like micro-hybrid systems are also leading to higher battery usage. Features in commercial and passenger vehicles are set to increase exponentially during the forecast period, which is anticipated be a major driver for the automotive battery market. The Global demand for automotive batteries is forecast to rise 13% per year to $54.1 billion in 2022, expanding to 38% of total sales. Rising manufacturing and use of motor vehicles worldwide will spur sales growth. The HEV segment will more than quadruple in size as these vehicles increasingly penetrate global markets. Electric vehicles, which use more expensive batteries than hybrids, will post particularly strong growth, boosting overall market value. While falling prices for lithium-ion batteries (on a kWh basis) will be a major contributor to growth for HEVs, a shift toward batteries with higher capacities will boost prices on a unit basis and contribute to the expanding market size.
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Departmental Store

A departmental store is a large retail trading organization. It has several departments, which are classified and organized accordingly. Departments are made as per different types of goods to be sold. For example, individual departments are established for selling packed food goods, groceries, garments, stationery, cutlery, cosmetics, medicines, computes, sports, furniture, etc., so that consumers can purchase all basic household requirements under one roof. It provides them maximum shopping convenience and therefore, also called as 'Universal Providers' or 'one spot shopping'. Today, departments often include the following: clothing, furniture, home appliances, toys, cosmetics, house ware, gardening, toiletries, sporting goods, paint, and hardware. Additionally, other lines of products such as food, books, jewelry, electronics, stationery, photographic equipment, baby products, and products for pets are sometimes included. Customers generally check out near the front of the store, although some stores include sales counters within each department. Some stores are one of many within a larger retail chain, while others are independent retailers. The Department Stores industry comprises retailers that sell a wide range of merchandise, including apparel, footwear, home goods, appliances, toys and sporting equipment. While big-box retailers, such as Wal-Mart and Target, have historically dominated the industry, many have expanded their product offerings in recent years to include groceries. This one-stop-shop format has boosted revenue for these companies; however, general merchandise stores that offer groceries are included in the Warehouse Clubs and Supercenters industry which effectively removes them from the Department Stores industry.
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Information
  • 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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