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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.

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.
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Moringa Oleifera (Drumstick) Powder

Moringa or drum sticks is among the well-known vegetables being used in our food during its availability. It is commonly known as “Sejana”. Drumstick is a tropical vegetable, which is very popular in South India and other parts of country. The powder prepared from drumstick can be used as a flavoring agent for various non-vegetarian dishes to enhance the flavour of chicken or meat and can also be used for drumstick soup preparation by adding spice powder and other ingredients. India is the largest producer of moringa, with an annual production of 1.1 to 1.3 million tonnes of fruits from an area of 380 km².Today, the moringa market globally is estimated at more than Rs 27,000 crore, which is expected to cross Rs 47, 250 crore by 2020, growing at a rate of nine per cent per year. Which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • A V P Marketing & Exports Ltd. • Arjuna Natural Extracts Ltd. • Ayurvedic Pharmaceutical Co. Ltd. • Ayurvedshri Herbals Ltd. • Chaitanya Pharmaceuticals Pvt. Ltd. • FlavexAromats (India) Pvt. Ltd. • Ganga Pharmaceuticals Ltd.
Plant capacity: Drumstick (Moringa Oleifere) Powder: 2000 Kgs./day Plant & machinery: Rs 38 lakhs
Working capital: -T.C.I: Cost of Project: Rs 92 lakhs
Return: 31.00%Break even: 72.00%
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IV Fluids (BFS Technology)

Intravenous fluids are fluids which are intended to be administered to a patient intravenously, directly through the circulatory system. These fluids must be sterile to protect patients from injury, and there are a number of different types available for use. Intravenous fluids can also be used as a route of medication administration. The market for Intravenous (IV) Solution is expected to reach USD 11,511.2 million by 2022 and is expected to grow at a CAGR of 7.69% during the forecast period 2016-2022. The factors which drive the growth of the market are the rising prevalence of chronic diseases, rising acceptance of vitamin C intravenous treatment therapy to treat colorectal cancer. Entrepreneurs who invest in this project will be successful.
Plant capacity: IV Fluids (500 ml Bottle): 40000 Pcs/day Plant & machinery: Rs 2734 lakhs
Working capital: -T.C.I: Cost of Project: Rs 3712 lakhs
Return: 26.00%Break even: 48.00%
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WPC Board

Wood-plastic composites (WPCs) are a product class that has been developing over the last 40 years resulting in increased applications and expanded market share. More specifically, WPCs are composites containing a wood component in particle form (wood particles/wood flour) and a polymer matrix. They are used in a variety of structural and non-structural applications ranging from component and product prototyping to outdoor decking. The wood-plastic composites market is projected to reach US$2.6 bn in 2012. Analysts anticipate the market to expand at a CAGR of 10.80% during the period from 2013 to 2019 and attain a value USD 5.84 Billion by 2021, at a CAGR of 12.4% from 2016 to 2021. Market is poised to grow at a CAGR of around 13.2% over the next decade to reach approximately $9.7 billion by 2025. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Aryan Enterprises Pvt. Ltd. • Bajaj Eco-Tec Products Ltd. • Best Board Ltd. • Divine Board Pvt. Ltd. • Jindal G S L Pvt. Ltd. • Mangalam Timber Products Ltd. • Shirdi Industries Ltd.
Plant capacity: WPC Board: 16800 Kgs/dayPlant & machinery: Rs. 173 lakhs
Working capital: -T.C.I: Cost of Project: Rs 370 lakhs
Return: 31.00%Break even: 75.00%
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LPG Cylinders

Liquefied petroleum gas (LPG) is a term describing a group of hydrocarbon-based gases derived from crude oil and or natural gas. LPG Cylinder is an essential item for filling liquefied petroleum gas used for cooling purpose. The body of LPG cylinder is deep drawn in two pieces then these are welded together to make a compact unit without any leak and defect etc. LPG cylinders are in use in 5 Kg., 12 Kg., 14.2 Kg. & 19 Kg. capacities. The LPG cylinder market is segmented on the basis of product type and applications. There are various types of cylinder valves which include hand wheel valves, quick-on valves, forklift valves, safety valves, self-closing valves, and cut-off push & turn valves. The LPG cylinders are utilized in various household, outdoors, and other applications. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Balaji Pressure Vessels Pvt. Ltd. • Bhiwadi Cylinders Pvt. Ltd. • Confidence Petroleum India Ltd. • E C P Industries Ltd. • Everest Kanto Cylinder Ltd. • J R Fabricators Ltd. • Jay F E Cylinders Ltd.
Plant capacity: LPG Cylinders (14.20 Kgs Size): 1000 Nos./day LPG Cylinders (19 Kgs Size): 1000 Nos./dayPlant & machinery: Rs 471 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1113 lakhs
Return: 30.00%Break even: 56.00%
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Tea Blending and Packaging

The tea-plant, in its natural state, grows into a small or medium-sized tree, but in commercial plantations it is pruned and trained to form a many-branched low bush and is encouraged to produce vigorous vegetative growth by adopting an appropriate schedule of fertilizer applications. Blending is the process of mixing of high grade different type of teas. Tea is the world’s and India’s beverage of choice, after water. The organised branded tea segment was at about Rs 12,970 crore in 2017, up from Rs 12,240 crore in 2016, according to market research firm Euromonitor International. India is the world’s second largest producer of tea, after China. In 2017-18, it recorded the highest production, at 1,325 million kg, 6% higher than the previous year. Exports grew at more than twice that rate to hit 257 million kg. The market is expected to grow annually by 6.5% (CAGR 2018-2021). This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Alipurduar Tea Co. Ltd. • Amar Tea Pvt. Ltd. • Buds Tea Inds. Ltd. • Chamong Tea Co. Ltd. • Chengmari Tea Co. Ltd. • Cinnatolliah Tea Ltd. • Crystal Tea (India) Ltd.
Plant capacity: Fermented & PF Tea: 1000 Kgs./day Fermented & Green Tea: 1000 Kgs./day Green & PF Tea: 1000 Kgs./day Brick & PF Tea: 1000 Kgs./dayPlant & machinery: Rs 33 lakhs
Working capital: -T.C.I: Cost of Project: Rs 215 lakhs
Return: 29.00%Break even: 60.00%
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LPG Bottling Plant

LPG cylinder filling plants vary considerably in size, complexity and layout. The type and size depends on such factors as maximum potential throughput requirements, size and type of cylinder filled and the number/ grades of products handled. 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. In addition to its use as a domestic fuel, it is also widely used in industries, where there is a requirement of low sulphur content fuel and fine temperature controls. The average growth rate in demand has settled down to around 10% from a high of 18% during early 1990s. Apart from commercial and industrial establishments, 94 mn households use LPG. Projections from all three scenarios reveal that demand for LPG will reach a minimum of 5.9 million metric tons by the year 2022. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Aegis Logistics Ltd. • Alert Petrogas Ltd. • Asia Lpg Pvt. Ltd. • Balaji Pressure Vessels Pvt. Ltd. • Bhiwadi Cylinders Pvt. Ltd. • E C P Industries Ltd. • East India Petroleum Pvt. Ltd
Plant capacity: LPG Cylinders (5 Kgs Size 1360 Nos/day): 2040 MT/Annum LPG Cylinders (14.2 Kgs Size 1000 Nos/day): 4260 MT/Annum LPG Cylinders (19 Kgs Size 1000 Nos/day): 5700 MT/AnnumPlant & machinery: Rs. 127 lakhs
Working capital: -T.C.I: Cost of Project: Rs 919 lakhs
Return: 28.00%Break even: 43.00%
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Aerosol Cans Production for Aerosol Spray

Aerosol Cans Production for Aerosol Spray. Aerosol Packaging Industry. Trends and Opportunities in Packaging Industry Aerosols are homogeneous, crystalline particles made up of fine solid particles or liquid droplets in the air or another gas. Aerosols find applications in paints, perfumes, room fresheners, medical products, deodorants, and so on. Aerosol cans are handheld containers that release aerosol. Aerosol cans shield products from external conditions such as moisture, heat, dust, and other contaminants during transportation. However, health and environmental risks posed due to the use of aerosols act as major restraints for the growth of the aerosol cans market. Packaging has become a vital component in modern lifestyle due to its storage, transportation and increasing consumer inclination towards convenient products on the backdrop of fast paced lifestyle. Moreover, the rising demand of personal care and manufacturing products have witnessed improvements in terms of consumption over the last few years and are more easily available due to its effective packaging solution. Aerosol cans are one of the effective packaging solution that provide all the features related to high performance during storage, transportation and convenient features to consumer. Aerosol cans are a type of dispensing system which creates an aerosol mist of liquid particles. These aerosol cans are primarily made up of steel or aluminum, wherein aluminum is steadily gaining market share because it act as a perfect barrier against air, light, humidity, germs and other gases. In addition to this, it is a corrosion resistant material, which protect the cans content against deterioration. Commonly used gases for aerosol propellants is carbon dioxide, propane and butane. Apart from its basic usage, these aerosol cans are used as a tool for promotion or advertising, due to its large printable surface area that provide 360 degree billboard for brands to outshine the competition. These aerosol cans provide a graphics solution which includes matte, gloss, matte-gloss, pearlescent, hot stamping, tactile ink and eyeris, which make the product stand out in today’s competitive scenario. Market Outlook The Aerosol Cans Market is expected to exceed more than US$ 80.0 Billion by 2022 at a CAGR of 4% in the given forecast period. The aerosol cans market can be segmented on the basis of product type, material type, propellant type and end use. On the basis of product type, aerosol cans market can be segmented into straight wall aerosol cans, necked in aerosol cans and shaped aerosol cans. On the basis of material type, aerosol cans market can be segmented into steel, aluminum, plastic and glass, wherein, aluminum are gaining traction among consumers due to its lightweight for an increasing mobile society which gives aluminum cans an edge and provides an optimal solution for manufacturers due to its recyclable nature. On the basis of propellant type, aerosol cans market can be segmented into compressed gas propellant and liquefied gas propellant. On the basis of end use, aerosol cans market can be segmented into personal care, home care, healthcare, automotive industry and others, wherein, automotive industry is expected to be one of the largest market of aerosol cans due to its wide application as paint, lubricants, brake cleaners and degreasers. The demand for aerosol cans is expected to be driven by factors such as ease-of-use, portability, recyclability, safety & strength, and the increased aesthetic appeal of the product. Furthermore, the growth in personal care industry and increase in demand for cosmetic products present a great opportunity for this market to grow in the future. The personal care segment is projected to be the largest in the aerosol cans market on the basis of end-use industry, and this trend is projected to continue during the forecast period. Factors such as rising disposable income, change in consumer lifestyles, product presentation & differentiation, and rising demand for personal care products such as deodorants, hair sprays, and face & body creams will increase the consumption of aerosol cans. The retail industry, which is currently witnessing a shift from unorganized to organized retail, will also augment the demand for aerosol cans. Aluminum is the most commonly used material for aerosols cans production due to lightweight coupled with improved safety and hygiene features. Liquefied gas propellant segment holds a major market share. Liquefied gas propellants aid in maintaining the performance of spray during the lifespan of aerosol cans, owing to which it witnesses significant demand in the aerosol cans market. Bottles and cans are the most used forms of aerosol packaging types. Rising demand for air care products along with personal care products such as shaving and depilatories, hair care products, skin care products, and deodorants are expected to create a positive impact on the market for aerosol cans. Use of aerosol as spray paints in construction and automobile industries display the widespread demand for aerosol cans. Aerosol cans are also used to store pain relievers and asthma inhalers. Increasing urbanization coupled with rapid infrastructural development in emerging economies of Asia Pacific is expected to drive the demand for such paints, leading to an increasing growth of the market over the next nine years. In addition, increasing technological developments leading to the production of advanced aerosols is expected to benefit growth. Growing use of products such as adhesives & sealants, industrial cleaners, and lubricants is expected to propel demand over the next nine years. In addition, favorable policies aimed at promoting investments in construction and automotive industries is likely to drive the demand for aerosol over the next nine years. In addition, rising penetration of the product in household applications including stain removers, pre-wash sprays, shoe polish, starch, water repellents for leather & fabric is expected to drive the market growth over the forecast period. Additionally, the strong urge in the aging population to retain a youthful appearance, is further nurturing the growth of the cosmetics industry. Hence, with the growing demand, and thereby, production of cosmetics and hygiene products, the demand for aerosol has also been increasing from the personal care industry. Based on the material time, the Global Aerosol Cans market is projected to be dominated by the aluminium segment in the forecast period as aluminium does not react with the contents inside the Can or the atmosphere outside which has allowed its widespread adoption by manufacturers. Based on the end-use, the cosmetic & personal care industry holds the largest market share and is projected to lead the market in the forecast period due to increasing demand of aerosol cans for perfumes & deodorants, hair-sprays etc. Europe & CIS region leads the Aerosol Cans market due to widespread adoption of aerosol cans in the personal care & cosmetics industry. Some of the key players in global aerosol cans market include Aero-Pack Industries, Inc., Alucon Public Company Limited, Ardagh Packaging Holdings Limited, Ball Corporation, Bway Corporation, CCL Industries, Inc., Colep Portugal S.A., Crown Holdings Inc., DS Containers, Inc., Exal Corporation, ITW Sexton Co., Jamestrong Packaging, Nampak Ltd., Shanghai Sunhome Industrial Company, Spray Products Corporation, Westrock Company, and Zenith Spray and Aerosols Private Limited. Tags #Aerosol_Cans_Production, #How_Aerosol_Cans_are_made? #Aerosol_Production_Process, #Production_of_Aerosol_Cans, #Aerosol_Can_Manufacturing_Process, #Aerosol_Can_Manufacture, #Manufacturing_of_Aerosol_Can, Aerosol Manufacturing, Aerosol Packaging, Aerosol Cans Manufacturing Plant, Aerosol Can Making Business, Aerosol Can Plant, Manufacture of Aerosol Cans, Packaging Products, #Project_Report_on_Aerosol_Cans_Manufacturing_Industry, Detailed Project Report on Aerosol Cans Production, Project Report on Aerosol Cans Production, #Pre_Investment_Feasibility_Study_on_Aerosol_Cans_Production, Techno-Economic feasibility study on Aerosol Cans Production, Feasibility report on Aerosol Cans Production, #Free_Project_Profile_on_Aerosol_Cans_Production, Project profile on Aerosol Cans Production, Download free project profile on Aerosol Cans Production Aerosol Cans Production, Aerosol Packaging, Starting Your Packaging Business, Business Ideas in Packaging Industry
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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T-Shirt Manufacturing Business

T-Shirt Manufacturing Business. How to Start a Readymade Garments Business. Business Opportunities in Apparel or Clothing Industry T-shirts are not just a fashion essential – they are a medium for expression and an ageless insignia of the young and the young at heart. It’s easy to wear, comfortable, stylish, finds space at almost every occasion and hence everybody has one. The t-shirt market of India includes knit shirts, polos, knit tops, etc., and is specifically targeted towards the youth segment. One of the main reasons behind its popularity among youth is that teenagers are today’s rational buyers who keep every aspect in their mind before purchasing the t-shirt including colour, design, garment, logo etc., which allows their mind to take over the t-shirt design as their personality, style, and attitude. T-shirts have indeed come a long way from its rise to popularity in the back in the 50s. Now, trends in t-shirts change faster than seasons. Moreover, tees are no longer a basic item of clothing, but more a means to showcase attitude and beliefs. The consumer wardrobe in international as well as in the Indian market is witnessing a constant shift from formal to casual attire. Consequently, casual wear categories like t-shirts, denims, casual shirts and trousers are witnessing a comparatively higher growth rate. The Indian consumer is no longer restricted to same combo of woven shirt and trouser for all occasions. Wardrobe of an Indian consumer has evolved with time and now it is a combination of various different kinds of clothing for different occasions like office, gym, shopping, morning or evening walk, marriage and social gatherings etc. This trend of occasion specific clothing has also provided an additional impetus for the growth of the adaptable casual wear categories like t-shirts.? Market Outlook The emerging trend of occasion specific clothing has given impetus to the growth of casual wear. A peep inside casual wear stores here suggests that t-shirts have a presence that cannot be ignored and also have an ally even among the not-so-fashion-conscious people. The increasing trend of Friday dressing is another driving factor for the t-shirts market in India. India is the sixth largest supplier of readymade garments in the world with a 3.7 per cent share in global exports. The readymade garment industry is considered an off-shoot of India’s Textile industry which the dates back to the middle of 19 century. The textile industry is the maximum revenue gathering industry in the country. The industry can be divided in to two segments, the natural fiber segment and the manmade synthetic fiber segment. The industry even after the introduction of power – driven machines or mechanical process of button holding, stitching or embroidery, continued to remain labor intensive and cheap labor is our forte. The overall demand of clothing has gone up in the state because of increasing degree of industrialization, effecting clothing habits. The increasing level of communication leading to increased travel and tourism has in turn created the demand for both seasonal and occasional clothing. India’s Rs. 12,200 crore-worth t-shirt market is expected to grow at an impressive CAGR of 12 percent to reach Rs. 21,250 crore by 2018. This market, which includes knit shirts, polo shirts, knit tops, etc., is presently dominated by the men’s and boys’ segments, which contribute 85 percent of the market share. The women’s and girls’ segments are, on the other hand, expected to register a higher CAGR of 14 percent over the next five years, compared to the 11 percent growth anticipated for the men’s and boys’ segments. The expected faster growth of women’s and girls’ t-shirts may be attributed to the comparatively lower base of market size and increasing acceptance of casual clothing among women. As a matter of fact, the t-shirts category is one of the top high-growth categories in men’s, women’s and kids’ apparel in India. In India, most of the brands and retailers that earlier used to focus on men’s casualwear have now started promoting women’s casualwear, including t-shirts and denims. Many discount schemes and loyalty programmes are being rolled out to tempt women into experimenting with t-shirts. At present, a bulk of the women’s t-shirt market is concentrated in the metros and bigger cities. However, in the years to come, the women’s t-shirts category is expected to register deeper penetration into tier-I and -II cities as well. T-shirts market is India has huge opportunities for industry players due to increasing penetration of the category into smaller towns, rural areas, middle aged consumers and women. T-shirts are also increasingly being used in Indian corporate houses to motivate employees, to build brand loyalty in the market as well as to display the company's attitude by displaying its motto or slogan in front of stakeholders. Today in major corporate houses promotional T-shirts became very popular as corporate gifts and more and more corporate or promotional T-shirts are demanding in the market, manufacturers are also manufacturing best quality designer-type pieces with buyers' logos, institutional advertising, slogans and emblems on T-shirts as well as for the end users. The global t-shirt industry has evolved, driving fashion trends in form of plain t-shirts, personalized t-shirts, graphic t-shirts, vintage t-shirt designs, and long sleeve custom T-shirts. With leading fashion brands across the globe embracing t-shirt industry, the future outlook appears positive. The global market for t-shirt is quite an established market and is further poised to offer strong growth opportunities, evolving beyond its early adopter stage to reach mass market during the forecast period 2017 - 2025. The t-shirt category, especially custom-print and designed, has exhibited a higher acceptance for e-tailing. The prevailing trend of Friday dressing is another important trend shaping the market demand. Most of the companies, domestic as well as multi-national companies (MNCs) allow casual clothing (mostly t-shirts with the company’s name and logo) as an official dressing on Fridays. This is stimulating demand for casual apparels especially t-shirts. T-shirts are specifically targeted towards the young population segment. One of the main reasons behind the popularity among youth is that t-shirts strike chord with the creativity hidden inside each teenager. The segment accounted more than half of the global T-shirt market revenue in the same year. Cotton is the most common and preferred fabric for t-shirts as they are ideal for everyday wear. A variety of cotton with different properties is used for making apparels. However, other materials such as linen, lycra, polyester, rayon and blends of two or three materials are also used for manufacturing t-shirts. Each material poses’ a unique quality and can be used according to the activity and different climatic conditions. T-shirts made from lycra and polyester are generally used for athletic apparels, while cotton and linen t-shirts are preferred for daily casual wear. In addition, different blends such as cotton and linen, cotton and polyester and blends of rayon are often used to exploit the merits of different material leaving their shortcomings. The blends are preferred for t-shirt manufacturing and hence are expected to demonstrate a significant growth throughout the forecast period. The global t-shirt market is valued at 185.1 billion dollars (approximately 1,231,424 crore rupees) which means that, although the Indian market is both sizeable and growing at 5,400 crore rupees, it is not one of the world’s largest by a long way. Readymade Garment Industry The readymade garment industry in India has historically been one of the most important segments of the textile industry in India. The Indian readymade apparel market is one of the largest contributors to India’s economy, providing millions with employment while making significant contributions to India’s annual GDP and export earnings. Today, India is the world’s 6th largest exporter of readymade garment products, registering over US$17 billion in readymade garment export value annually. Combining global demand that is at an all-time high, with much stronger support and preferential policies from the government, India’s readymade garment (RMG) industry is set to achieve rapid growth in the future. The readymade garment sector is currently the largest contributor to India’s total textile and apparel exports, accounting for roughly 41%. Employment in India’s readymade garment industry now has around 12 million people, making it the largest employment provider for all sectors. This year, this number will increase to 12.9 million. Most of the workers employed in the readymade garment industry in India are women and mainly contributes about 4% of the Gross Domestic Product or GDP of India. The RMG industry can be categorized into menswear, women swear, kids wear, sportswear, innerwear, knitwear, etc. Menswear is the largest segment. The Ministry of Textiles projects the kids wear segment to capture larger market share by the end of 2021. The market is also segmented by price sensitivity – high end for the affluent, medium priced for the core and high middle classes, and low end for the low and core middle class. Denim holds a prominent place in India's RMG market and accounts for approximately 5% of the market. The increasing demand for denim is driven by its comfort and style, preference amongst youth and increasing usage by women and youth in smaller cities and rural India. The readymade garments industry, excluding exports, is set to double to Rs 4 lakh crore in the next five years with the removal of excise duty and increased demand for branded garments. The readymade garments industry is only a part of a huge textile export market that consists of fabrics, made-ups, yarn, thread, fibre, woolen textiles, silk textiles and readymade garments. The global readymade apparel industry is perhaps among the most advanced, and yet the most fragmented, of all retail sectors. The global market is estimated at $183 billion, with the US having a major share in it. Tags #How_to_Start_a_T-Shirt_Manufacturing_Industry, #How_to_Start_T-Shirt_Business, T-Shirt Manufacturing Business Plan in India, T Shirt Manufacturing Process Pdf, T-Shirt Business Plan, How to Manufacture-T Shirts in India, Starting a T-Shirt Business, How to Start your own T-Shirt Business, T-Shirt Manufacturing, #Readymade_Garments, T-Shirts Manufacture, Readymade Garments (T-Shirt) - Manufacturing Plant, Garment Manufacturing Project, #How_to_Start_a_Clothing_Manufacturing_Business, #T-Shirt_&_Apparel_Business, T-Shirt Business Opportunities, How to Start a Profitable T-Shirt Business, Project Report on T-Shirt Manufacturing Industry, #Detailed_Project_Report_on_Readymade_Garments_(T-Shirt)_Business, Project Report on Readymade Garments (T-Shirt), Pre-Investment Feasibility Study on T-Shirt Business, Techno-Economic feasibility study on T-Shirt Business, #Feasibility_report_on_T-Shirt_Business, Free Project Profile on Readymade Garments (T-Shirt) Business, Project profile on T-Shirt Business, #Download_free_project_profile_on_T-Shirt_Manufacturing_Industry, #Apparel_Manufacturing_Unit, Garment-Making Project, Readymade Garments Manufacturing Business, Textile Manufacturing Industry, Project Profile on Garment Industry, #Clothing_Business_Ideas_&_Opportunities, Garment Factory Production Flow Chart, Process Flow Chart of Garments Manufacturing, Flow Chart of Apparel Manufacturing, Most Profitable Apparel Business, #Readymade Business Opportunity in India, How to Start a Garment Factory, Project Report on Readymade Garments, Business Ideas in Garment Industry, Garment Manufacturing Process PPT, Business Opportunities in Clothing Industry in India
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Aluminium Wire & Cables Manufacturing Industry

Aluminium Wire & Cables Manufacturing Industry. Start an Electric Wire & Cable Business Aluminium (Al) is one of the most common metal elements. In fact, it is the third most abundant element (after oxygen and silicon) that makes up about 8% by weight of the Earth’s crust. Aluminium is one of the most electrically conductive metals and highly resistant to ordinary corrosion. With other characteristics such as lightweight, strength, and low cost to produce, aluminium has become one of the most popular materials for electrical applications. Aluminium wire is nowadays increasingly popular for electrical wiring and in utility grid transmission and distribution networks, and are widely used for wiring in several of industries including electronics, construction, aircraft etc. Aluminium Wire Aluminum wire are utilized in various home electrical appliances, switches, circuit breakers and motors owing to its light weight, corrosion resistance and retention of temperature even at low temperatures properties. The products are used in electrical products as they are lighter than other material, it also reduces corona an electric discharge which is associated with high power transmission and its excessive heating do not separate the electrical fixtures and connections, thus increasing the industry demand. Uses of Aluminium wire • In Construction Industry Aluminium is an excellent alternative to copper and is largely used in the manufacture of building wires. Electricians and contractors use large sizes of aluminium building wire where there is requirement of low voltage. This is more beneficial to contractors in terms of savings as it has half the weight of copper wire. Aluminium conductors for building wire are made in such a manner that the overall diameter of the aluminium wire is similar to that of copper wire. • In Electrical Distribution Industry Utilities such as electrical distribution companies have been extensively using aluminum wire throughout their distributing systems (power grids) for transmission of electric current. • In Communication Industry The copper clad aluminium wire is primarily used in high quality coils, power cables and antennas. The aluminium-copper combination finds its use in commercial as well as residential applications including household wiring, cable wiring, headphones, loudspeakers and antennas. CCAW are also used to help connect the internet to the computer. They are important components of cable modems and television connections as well as Ethernet connections (that is, LAN and WAN). • In Broadcasting Networks Modern broadcasting networks (radio and television) largely rely on aluminium wire (CCAW) for information broadcast. Basically, two forms of radio networks are known- the first form is used for broadcasting and updates, advertising and marketing whereas the other form is the backbone of police and armed forces (used for communicating with each other). Television broadcasting involves transmitting signals through cable and satellite television. • In Submarine Communications Aluminium wires clad with copper provide a great means of submarine communication and are installed below the floor of the ocean to expedite the process of information transfer across the globe. • In Medical Field Aluminium wire finds also its use in medical science instruments that are involved in diagnostic processes such as medical ultrasonography. Aluminium Cables Aluminium cables are used across various industries and markets. In our last blog we shared the financial advantages of aluminium cables. Now we will focus on the physical advantages of aluminium cables. A second advantage is the weight of aluminium; it is much lighter in weight as compared to copper while maintaining the same conductivity. Being light in weight is an important property of aluminium. This has made aluminium cables the most used cables in projects where weight is the main focus like constructions with load-bearing purposes. Market Outlook Aluminum Wire Market size was over USD 50 billion in 2017 and industry expects consumption at over 10 million tons by 2024. It is set to surpass USD 65 billion by 2024. Growing consumer demand towards lightweight automobile vehicles may drive aluminum wire market demand. Superior properties which include light weight, high strength and corrosion resistance may cater to construction and electrical industries, thus propelling industry growth over the forecast timeframe. The global aluminium wire market has witnessed growth at a steady rate over the recent years. The market is primarily driven by the rising demand in the rapid urbanization around the world, the increased support from governments, as well as the new production techniques that reduce not only the cost of aluminium wire production but also significantly reduce the processing time of the wire rods. As the consumption of aluminium wires in various industries still remains high, business opportunities in the global aluminium market are expected to flourish further in the near future. Growing consumer demand towards lightweight automobile vehicles may drive aluminum wire market demand. Superior properties which include light weight, high strength and corrosion resistance may cater to construction and electrical industries, thus propelling industry growth over the forecast timeframe. Aluminum wire are utilized in various home electrical appliances, switches, circuit breakers and motors owing to its light weight, corrosion resistance and retention of temperature even at low temperatures properties. The products are used in electrical products as they are lighter than other material, it also reduces corona an electric discharge which is associated with high power transmission and its excessive heating do not separate the electrical fixtures and connections, thus increasing the industry demand. In the last few years, the automotive and aerospace companies have also been shifting their focus toward the surging use of electronic contents for downgrading the size of the components and improving the use of digital technologies in the fleets. Considering the lightweight and ease of use characteristics, the contributors in the automobile and aerospace sectors have been using aluminum wires in electronic panels which are installed in engine control units (ECU), infotainment systems, and other control units. The global aluminium wire market can be classified on the basis of product type and application. In terms of product type, the market can be segmented into paper insulated, enamelled, and fiberglass aluminium wire. Of these, paper insulated aluminium wire is expected to led the market during the forecast tenure. Rising application of aluminium wire in various industries is likely to boost the demand in the global aluminium market. Food and beverages, automotive, and customer electronics are some of the key industries in which aluminium wires are used extensively. Non-toxic nature of aluminium will preserve food for longer duration and prevents the growth of micrograms. These factors increase its demand on the food and beverages industry. The demand for aluminium is also increasing the automotive industry as it reduces weight of the vehicle to increase fuel economy. Moreover, manufacturers now prefer aluminium to steel mainly to reduce weight without compromising strength and carrying capacity of the vehicle. Asia Pacific driven by India, Japan, and China aluminium wire market size may register significant gains at 3.5% by the end of foreseeable timeframe. These are used in various construction application which includes wiring systems owing to its high strength, durability and less risk of breakage coupled with cost cutting and weight saving properties, which in turn stimulate regional demand. Aluminum wire is drawn by hot rolling in which rods are formed followed by solution handling and quenching of the coils attained by hot rolling. Increasing demand for light weight automotive vehicles and stringent performance requirements in electrical machines is likely to propel product demand. In electrical application these are used in transformers as their oxides are strongly attached, hard to dislodge and are electrically insulated. High tensile strength property can be tailored, and its lighter weight require few support towers for overhead transmission lines, which offers more growth opportunities in the market. India Wires and Cables Market Wires and cables play an indispensable role in today’s digitally advanced life and find extensive usage across a number of applications in several industries. The extensive usage and applications of wires and cables across various industries will put the wires and cables industry on the right path for the future. Wires and cables market in the world and in India is highly fragmented, with the presence a number of small and medium enterprises. The organized sector manufactures high voltage durable cables, whereas the unorganized sector mainly captures the low voltage market, where products are mainly separated on the basis of the price. The wires and cables market is presently at its growing stage in our country and is expected to be capturing a significant share in the electrical equipment industry in the upcoming years. The wires and cables in the India has witnessed a growth in recent years on account of rising demand wires and cables fueled by expansion in infrastructure development, electricity consumption and others. The surge in revenue is majorly originated from growth in power cables as a segment of wires and cables market. The upsurge in this segment has been largely led by the domestic factors such government expenditure on infrastructure, increase in level of investment, rising level of disposable income, technological advancement. Tags #Aluminium_Wire_Manufacturing_Plant, #Process_of_Manufacturing_of_Aluminium_Wire, Production_Process_of_Aluminium_Wire, Manufacturing of Aluminium Cables, Aluminium Wire Manufacturing Process, Manufacturing Process of Aluminium Wire, #Aluminum_Wire_Production, Aluminium Wire, Aluminium Cables & Wires, Aluminum Electrical Wire, Aluminium Cable Manufacturing Process, Cable Manufacturing Process Flow Chart, Cable Manufacturing Process PPT, How Electrical Cables are made, Electrical Cable Manufacture, #Profitable_Business_Ideas_in_Wire_&_Cable_Manufacturing_Industry, #Wire_&_Cable_Manufacturing_Business, Electric Wire Manufacturing Plant Cost, Wire & Cable Manufacturing Projects, Aluminium Wire Manufacture, Aluminum Wire and Cable Production, #Project_Report_on_Aluminium_Wire_manufacturing_Industry, Detailed Project Report on Aluminium Cable Manufacturing, Project Report on Aluminum Wire and Cable Production, #Pre_Investment_Feasibility_Study_on_Aluminum_Wire_and_Cable_Production, #Techno_Economic_feasibility_study_on_Aluminum_Wire_and_Cable_Production, #Feasibility_report_on_Aluminum_Wire_and_Cable_Production, #Free_Project_Profile_on_Aluminium_Cable_Manufacturing, Project profile on Aluminum Wire and Cable Production, Download free project profile on Aluminium Cable Manufacturing
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Bicycle Tyre & Tubes Production from Natural Rubber

Bicycle Tyre & Tubes Production from Natural Rubber. How to Start a Tire and Tubes Manufacturing Business Tyres are one of the most important components of a bicycle build. Bicycle tires perform an important function of eliminating the shock transferred through the front and rear wheels as they travel on uneven and rough surfaces; effectively gaining traction on the road so that the bicycle can travel properly and doesn’t slip. It is also used for hand cycles and specially designed wheelchairs for racing purposes. The complete tire system provides ideal suspension, produces the longitudinal force essential for propulsion and braking, and creates the lateral force required for turning and balancing. A bicycle tire is a tire that fits on the wheel of a bicycle, unicycle, tricycle, quadracycle, bicycle trailer, or trailer bike. They may also be used on wheelchairs and handcycles, especially for racing. Bicycle tires provide an important source of suspension, generate the lateral forces necessary for balancing and turning, and generate the longitudinal forces necessary for propulsion and braking. They are the second largest source, after air drag, of power consumption on a level road. The modern detachable pneumatic bicycle tire contributed to the popularity and eventual dominance of the safety bicycle. There are various grips offered in the market, which enhance traction between the wheels and the road and increase performance at high speeds and on uneven and rough terrains. The recent removable pneumatic bicycle tire contributed to the acceptance and enhanced safety operation of bicycle. Over the years, with bicycles becoming more advanced and efficient, advanced bicycle tires have been developed to improve riding performance and capability. Over the several years manufacturers were keen on reducing the bicycle’s body weight and enhancing strength, so it may travel at a desirable speeds. Tube Bicycle tubes are the backbone of the bicycle industries. Few numbers of companies in organized sector are engaged in the quality grade cycles tyres and tubes and few unorganized sector also engaged to manufacturing bicycle tyre and tubes. An inner tube is basically a doughnut-shaped balloon, with a valve for inflation. The only requirement for an inner tube is that it should not leak. Being rubber, they have no rigid structure. If an inner tube is inflated outside of a tyre, it will expand to 2 or 3 times its nominal size, if it doesn't explode first. Without being surrounded by a tyre, an inner tube can't withstand any significant air pressure. Market Outlook The bicycle tires market possesses a lot of potential for growth in the research and development division. Also, the market for bicycle tires has increased due to development in the overall bicycle market, as consumers are more attracted towards safety and riding comfort. In a bicycle, tires are the most important component and the replacement rate of the tires is high, owing to the high rate of friction between the tire and road. The aftermarket for replacement and services is projected to remain healthy over the forecast period as consumers will try to keep their bikes up to the mark. Moreover, in developed nations, the ability to ride at faster speeds with comfort is estimated to drive growth of the bicycle tires market in the near future. Furthermore, growth in racing and adventure sports, such as dirt biking and off-road riding will fuel growth of the overall bicycle tires market in the coming future. Events, such as the Tour de France, Olympics and other bicycle professional races will propel growth in the bicycle tires market and force manufacturers to come up with new product and goods, which are more capable for ideal riding. The emergence of eco-friendly bicycle tires is one of the major trends being witnessed in the global bicycle tires market 2019-2023. The products used in manufacturing rubber compounds are polluting the environment. The increasing air pollution is pushing manufacturers to reduce the emission from the manufacturing process. Thus, such environmental concerns have paved the way for innovation in terms of eco-friendly tires that are manufactured using pure rubber compounds and low-aromatic oils. Low-aromatic oils have low levels of harmful compounds, which makes them highly durable and non-carcinogenic. The bicycle tires market has been majorly driven by increasing users of bicycles in the recent years. Various factors such as environmental concerns, health and fitness, among others have compelled pedestrians to make use of bicycles for their regular commute. Thereby, the market has witnessed an increasing demand for new bicycles for various applications such as regular on-road use, off-road biking and sports. As a result, the bicycle tire market has been witnessing an increased demand for various types of on-road and off-road tires. Moreover, with ongoing product innovation in the tubeless and airless tires segments, the market is expected to witness significant growth during the forecast period. The Growing popularity of premium bicycles around the world is attributable to the increasing acceptance of premium bicycle that provide better riding and safety features. These bicycles are built using advanced technologies and modern designs by incorporating high- end materials to offer comfort and durability. The major reason for the growth of premium bicycle is increasing average disposable income and increasing dual household income. The increasing demand for premium bicycles is increasing the demand for the high- quality components and uniqueness in the bicycle tire. Such factors increase the revenue of the bicycle tire manufactures. Therefore, the growing demand for premium bicycles is expected to drive the demand for the market. Indian Tyre Industry The Indian Tyre industry is expected to show a healthy growth rate of 9-10% over the next five years. The domestic tyre industry is expected to post volumes growth of 7-8 per cent to 1,805 lakh tyres during FY2018. Indian tyre industry has been reporting good growth figures over the past few years, spurred by the growing passenger vehicle and two-wheeler market. It has emerged as one of the most competitive markets in the world and with the emergence of new technology, ultra-modern production facilities and availability of raw materials, the sector is poised to grow further. Tyre Inner Tubes Tyre inner tubes are the internal components of the primary tyre which are designed to sustain air pressure. Majority of the tyres which are used in motorcycles, bicycle and large vehicles such as tractors, heavy trucks, cars, and buses are designed for their application with inner tubes. These are made from impermeable materials such as synthetic, elastic, soft rubber for the purpose of avoiding air leakge and are torus shaped in nature. In addition, inner tubes which are larger in size possess the ability to be re used for other applications such as rafting and swimming. These tubes are large inflatable toruses which are manufactured for these applications while also offering a choice of decks, handles, fabric covering, colors and other various accessories, eliminating the protruding valve stem. The global inner tube industry is dependent on raw materials such as rubber suppliers as well as the buyers which mainly include automotive manufacturers. More than half of the global rubber production goes into the manufacturing of automotive tyres. In addition, the inner tube and tyre industry serve as the largest application segment in the overall rubber industry. Tags #Bicycle_Tires, #How_are_Bicycle_Tires_made, #Tyre_Manufacturing_Process_Pdf, #Tyre_Manufacturing_Process_PPT, #Bicycle_Tires_Production, Tyre Manufacturing Process Flow Chart, #Bicycle_Tyres_&_Tubes_from_Natural_Rubber, How are Bicycle Tyres Made, Tyre Manufacturing, Tyres Manufacturing Plant, Bicycle Tube Production, Bicycle Natural Rubber Tube, Profile on Production of Inner Tubes and Tires, Inner Tube Manufacturing Process Pdf, Rubber Tube Manufacturing Process, Bicycle Tyre & Tubes Production, Cycle Tubes Manufacture, Natural Rubber Tube Manufacture, Manufacturing of Tyres and Tubes, How to Start a Bicycle Tyres Manufacturing Business, Bicycle Tyres Manufacturing Plant, Bicycle or Cycle Tyre and Tube Manufacturing Industry, #Project_Report_on_Bicycle_Tyre_&_Tubes_Production_Industry, Detailed Project Report on Bicycle Tyre & Tubes Production, Project Report on Bicycle Tires, #Pre_Investment_Feasibility_Study_on_Rubber_Tube_Manufacturing, Techno-Economic feasibility study on Bicycle Tyre & Tubes Production, #Feasibility_report_on_Bicycle_Tyre_&_Tubes_Production, #Free_Project_Profile_on_Bicycle_Tires, Project profile on Bicycle Tyre & Tubes Production, Download free project profile on Bicycle Tires, Production of Bicycle Tyre & Tubes
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