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

Nagaland is a state in North East India. It borders the state of Assam to the west, Arunachal Pradesh and part of Assam to the north, Burma to the east and Manipur to the south. The state capital is Kohima, and the largest city is Dimapur. It has an area of 16,579 square kilometers (6,401 sq mi) with a population of 1,980,602 per the 2011 Census of India, making it one of the smallest states of India.

ECONOMY

Literacy rate in Nagaland has seen upward trend and is 79.55 percent as per 2011 population census. Of that, male literacy stands at 82.75 percent while female literacy is at 70.01 percent. Total literates in Nagaland stands at 1,342,434 of which males were 723,957 and females were 618,477.

Nagaland has basically an agricultural economy. A great ambition of the villager is to have a bumper harvest. The economy of the state is predominantly based on agriculture. The major land use pattern is slashed and burn cultivation locally known as jhum. About 1, 01,400 hectare of land is under jhum cultivation. Rice is the dominant crop and also the staple diet of the people. Of the gross cropped area under food grains, rice accounts for about 84.4%. Oil seeds are also an important crop. It includes Rapeseed, mustard etc. Coffee cardamom and tea are grown as plantation crops in Nagaland.

INDUSTRY

The age old industry of the state is cottage industry which plays a vital role in the village's economy. Cottage industries which deserve emphasis are -

1.       Weaving and dyeing

2.       Work in cane

3.       Work in wood, black smithy, pottery and excavation of salt, pulp and paper mill.

Spinning and weaving were the only significant industry in the Naga Hills until independence. Mill made yarn, by virtue of its easy availability and cheapness is steadily substituting the thread, spun locally. In course of time, indigenous spinning would probably become extinct unless the Nagas switched over to modern techniques. Weaving, however, continues to be popular. The state is trying to encourage small-scale and cottage industries. This will reduce the pressure on land, ensure a larger employment potential and lead to a balanced regional development. Weaving training-cum-production centres have been set up at Mokokchung and Dimapur, a Cottage industry training-cum-production centre has come up at Mon, and a cottage industries training centre at Aghunato. Three medium-level industries have been established by the government for the development of Industrial Sector. The Nagaland sugar mill at Dimapur has an installed capacity of 1,000 tonnes of cane per day.

MINERAL BASED INDUSTRY

Nagaland is rich in mineral resources. The exploration carried out by the State Geology and Mining Department as well as by other Central Agencies such as Geological Survey of India, Oil and Natural Gas Corporation Ltd., etc. have established several mineral reserves. There is urgent need for enhancing the pace of exploration especially for untapped potential for hydro-carbon deposits and metallic deposits, by infusing both the latest technology and required funds from domestic and foreign investors. the huge reserves of more than 1000 million tonnes of high chemical grade limestone in the Eastern Nagaland is a major prospect for setting up of mineral resource based industries.

Atomic Minerals Division and Central Ground Water Board have established the following mineral reserves which can be exploited for commercially purposes:

•        Petroleum & Natural Gas

•        High grade limestone

•        Marble and dimensional/decorative stones

•        Coal

•        Nickel-Cobalt-Chromium bearing ore

The policy is to facilitate rapid and sustained industrial development in the state through enhanced investment, an investor friendly environment, provision of infrastructure and institutional support, attractive incentive package and optimum utilization of existing resources in order to gainfully exploit emerging opportunities in the national and international markets and generate substantial income and employment avenues for the people of Nagaland.

 OBJECTIVES OF THE POLICY

•        Create gainful employment opportunities for local population.

•        Develop human resources and bring about improvement in the quality of life by promoting industrial ventures in sectors in which the State has a comparative advantage.

•        Develop marketing facilities for industrial products.

•        Encourage large and medium scale mother industries in the public, private, joint and assisted sectors to create an industrial base making use of the available resource base of the State in selective categories compatible with the local environment and ecology.

•        Develop marketing facilities for industrial products.

•        Encourage large and medium scale mother industries in the public, private, joint and assisted sectors to create an industrial base making use of the available resource base of the State in selective categories compatible with the local environment and ecology.

The salient features of the Nagaland State Industrial Policy among others are the areas of:

•        Food processing industries

•        Tourism industries

•        Agro forest based industries

•        Handloom and handicraft

AGRO-BASED INDUSTRIES

Policy on Agro-Allied Sectors shall be formulated by the state Government with long terms Projections on targets, area coverage, production levels and areas of emphasis in terms of farming, Processing and marketing activities. The Government shall also take concrete steps for improvement of Bio-technology and modernization of agriculture in the state with a view to enhance quantitative and Qualitative targets in these core Sectors.


HANDLOOM AND HANDICRAFTS

Handicrafts and handloom sector in Nagaland have vast potential for growth due to the availability of abundant skilled labor and raw materials, as well as due to rich cultural traditions of its people. Nagas are inherently skilled people and their handicrafts and handloom products are well known for the beauty and intricacies of work. These products have widespread appeal and demand in the domestic as well as offshore markets. The natural skills of Nagas lie in basketry, pottery, cultivation, spinning and weaving, carving, dyeing metal work, etc. The colorful shawls, bags and jackets woven by Nagas are extremely popular.

The Nagaland Handloom & Handicrafts Development Corporation and the Nagaland Khadi& Village industries

•        As a promotional agency to extend assistance to entrepreneur and also to market the                          products of the artisan and cottage industry. 

•        As institution to fund projects of entrepreneurs in cottage and tiny sector.

The Nagaland Industrial Development Corporation Limited (NIDC) is a Government of Nagaland undertaking,  with the objective to promote, develop, establish and assist industries in the State. NIDC had set up a Sugar Mill Project and its ancillary Distillery Project at Dimapur. NIDC manages and maintains two Industrial Estates at Dimapur, which were taken over from the State Government in 1976. The Industrial Estates covering a total area of 40 acres has 25 ready built Standard Factory Sheds, which are rented out to industrial units at concessional rates. In the hospitality industry, NIDC’s wholly owned subsidiary, Nagaland Hotels Limited, has established the only two hotels with Three Star facilities, at Kohima and Dimapur. Through its thrust in the transport sector, has created a genre of private transport operators and today there are private taxis and buses servicing every remote reach of the State thereby alleviating the transport and communication bottlenecks, a crucial infrastructure for development.

FINANCIAL RESOURCES

The possible financial sources for industrial growth in the state are identified as under: 

•        State budget 

•        Central assistance 

•        Institutional financing 

•        Foreign assistance 

•        Private sector investments, from within and outside. 

•        Internal and outside resources mobilization through shares, debentures, securities and bonds etc. 

The important natural resources of the state of Nagaland are in the form of its rivers, forests and its mineral resources.

Rivers 

There are four main rivers flowing through Nagaland, these are Dhansiri, Doyang, Dikhu and Jhanji. Some of the tributaries of the mighty Brahmaputra also flow through this state before finally merging.

Forests

Nagaland is endowed with rich forest resources including various types of flora and fauna. About 20% of the total geographical area is under the cover of tropical and sub-tropical evergreen forests - including palms, bamboo and rattan as well as timber and mahogany forests.

Minerals

Nagaland is rich in mineral resources including coal, limestone, iron, nickel, cobalt, chromium, and marble. But these are yet to be explored.

SCOPE OF INVESTMENT

•        Office Complexes

•        Multiplexes

•        IT Parks

•        Commercial Infrastructure

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.

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We can modify the project capacity and project cost as per your requirement.
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Blue Detergent Powder

A detergent is a surfactant or a mixture of surfactants with cleaning properties in dilute solutions. These substances are usually alkyl benzene sulfonates, a family of compounds that are similar to soap but are more soluble in hard water, because the polar sulfonate (of detergents) is less likely than the polar carboxylate (of soap) to bind to calcium and other ions found in hard water. In most household contexts, the term detergent by itself refers specifically to laundry detergent or dish detergent, as opposed to hand soap or other types of cleaning agents. Detergents are commonly available as powders or concentrated solutions. Detergents, like soaps, work because they are amphiphilic: partly hydrophilic (polar) and partly hydrophobic (non-polar). Their dual nature facilitates the mixture of hydrophobic compounds (like oil and grease) with water. Because air is not hydrophilic, detergents are also foaming agents to varying degrees. Detergents are available in three forms, namely powder detergent, bar detergent and liquid detergent. Powder detergents are widely accepted by Indian consumers and dominate the industry. Even though detergent bars are still used in rural areas, they are fast disappearing from the market because of ineffectiveness. The detergent industry is an international industry which has been increasing by multiple percents every year. It is an integration of diverse companies that are fundamentally engaged in manufacturing synthetic organic detergents, inorganic alkaline detergents, and crude and refined glycerin from vegetable oils and animal fats. The industry is further expected to grow in both the industrialized as well as in the developing nations.
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Return: 1.00%Break even: N/A
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Spice Oil or Oleoresins (Extraction of Essential Oil, Cardamom, Jeera, Ajwain, Ginger & Other Spices)

Spice oleoresins represent the complete flavour profile of the spice. It contains the volatile as well as nonvolatile constituents of spices. Oleoresins can be defined as the true essence of the spices and can replace whole/ground spices without impairing any flavour and aroma characteristic. Oleoresins are obtained from spices by extraction with a non-aqueous solvent followed by removal of the solvent by evaporation. Spice oleoresins guarantee superior quality of flavour and aroma. They are complete and balanced, consistent and standardised. The spice oils and oleoresins are specially suitable for such snacks in that they can be used very conveniently (without any handling of the raw spice like ginger, chilli, onion, etc.) and producing a standardised effect on taste. This is the reason practically all plants in India, numbering to more than twenty five are sent percent exporting their products to these nations. The demand is increasing and more and more plants are being commissioned for 100% export. It is used as a substitute for whole or ground spices without impairing flavor and aroma. Spice oils and oleoresins are consumed by a broad range of manufacturers such as beverage, confectionery, curry powder, soups, etc. On the basis of product type, spice oils and oleoresins market is segmented into black pepper, cardamom, capsicum, turmeric, cinnamon and others. The global essential oil market is observing a significant expansion in its size, thanks to the increasing usage of essential oil in aromatherapy. The augmenting demand for flavored food and beverages products among consumers is also boosting this market substantially. With the rising development of innovative beauty and personal care products, fueled by the increasing preference for natural products, the usage of essential oil for the creation of new fragrances is surging, leading to an expected upswing in this market over the next few years. The market’s opportunity is expected to touch US$17.36 bn by 2017. Further, the market is projected to expand at a CAGR of 9.60% between 2017 and 2022 and attain a value of US$27.49 bn by the end of 2022. The escalating industrialization and the augmenting disposable income of consumers are the also projected to drive the growth of this market in the near future, especially in emerging countries. The global market for essential oil is also assessed on the basis of region. The Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ), Latin America, North America, Europe, and Japan have been considered as the prime regional markets for essential oil across the world. Hitherto, Europe has been leading the global market.
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Rubber Reclaiming Unit

Reclaimed rubber is cured rubber obtained through thermo-chemical process that softens and swells the rubber. The viscosity of the rubber is lessened by shortening the polymer chain by mechanical shear and chemical action. The different types of reclaimed rubber available in the market are whole tire reclaim (WTR), drab and colored, butyl reclaim, and ethylene propylene diene monomer (EPDM), among others. Of these, butyl reclaim enjoys a substantial share in the market. Going forward, however, EPDM is slated to outshine all the other types of products in terms of growth due technological progress that has resulted in better product properties and improved sustainability. Reclaimed rubber finds application in automotive and aircraft tires, footwear, cycle tires, molded rubber goods, belts and hoses, retreading, etc. Among them, the automotive and aircraft tires account for a dominant share in the market and in the years ahead is slated to outpace all other application segments to clock maximum growth. Rising knowledge about the cost-effective and eco-friendly alternatives for virgin rubber will likely drive demand for reclaimed rubber for use in durable tires and other synthetic products in automotive sector. Reclaimed rubber is a cured rubber produced after passing through various thermo-chemical processes. Reclaimed rubber is soften by shortening the polymer chain. It is used in various applications such as automobiles, aircraft, retreading, belts & hoses, footwear, and adhesives. Reclaimed rubber is extensively used for industrial applications in place of synthetic rubber due to sustainability, less energy consumption, and cost-effectiveness. Stringent government regulations to promote recyclable material usage to reduce environmental pollution is driving the market growth. Reclaim rubber used as a substitute for natural & synthetic rubber. Reclaim rubber from a scrap of whole tires; tread peelings, natural rubber tubes used for different applications both for tires and on tires rubber products. Reclaiming or recycling is the widest spread method allowing fractional recycling and use of waste rubber. The common principle of the most existing methods of reclaiming is the destruction of turgid vulcanized rubber or thermal-oxidative. At the forefront of driving demand in the global market for reclaimed rubber is the growing consumer awareness about environment-friendly materials with reduced processing costs and improved properties. As a result, reclaimed rubber is finding use in automotive and cycle tires, footwear, and other molded rubber goods. Other factors stoking growth in the market are rising rubber costs, increasing concerns about the damage caused to the environment because of dumping used rubber in rivers, and greater energy efficiency. One trend in the market is increasing demand for reclaimed rubber tires from automotive industry. The growth of the automotive industry has resulted in high demand for reclaimed rubber tires. Reclaimed rubber is used in automotive tires to improve its resistance to sunlight, ozone, heat, and mechanical stress. With the rising use of tires in vehicles, the demand for reclaimed rubber will increase during the forecast period. Global reclaimed rubber market was valued at USD 2.09 billion in 2016, is expected to reach USD 3.75 billion in 2022 and is anticipated to grow at a CAGR of 10.2% between 2017 and 2022.
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Return: 1.00%Break even: N/A
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Plastic Processing Moulds

Plastic moulding is the process of shaping plastic using a rigid frame or mould. This frame is known as Plastic Mould. The technique allows for the creation of objects of all shapes and sizes with huge design flexibility for both simple and highly complex designs. A popular manufacturing option, plastic moulding techniques are responsible for many car parts, containers, signs and other high volume items. Molding, also sometimes spelled moulding, is the process of manufacturing by shaping liquid or pliable material using a rigid frame called a mold or matrix. The plastic industry has been growing at about 20 percent a year on the back of spiralling demand from domestic and export markets. The growth rate of the Indian plastics industry is one of the highest in the world, with plastics consumption growing at 16% per annum (compared to 10% p.a. in China and around 2.5% p.a. in the UK). With a growing middle class (currently estimated at 50 million) and a low per capita consumption of plastics, currently 8kg per head, this trend is likely to continue.
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Continuous Copper Rod (CCR) from Copper Scraps

Copper rod is considered suitable for power and communication cables, house wire, strips for power and distribution transformers, magnet wires, etc. Copper rod is considered suitable for power and communication cables, house wire, strips for power and distribution transformers, magnet wires, etc.
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PVC Insulated Winding Wires for Submersible Motors

Winding wires are insulated with a very superior grade of PVC compound to give it the necessary electrical strength and resistance to abrasion. The copper conductors of required purity and conductivity are drawn and annealed specification. The automatic on-line controls in our extrusion process consistently give high quality of Capital Cables winding wires. The latest trend gaining momentum in the market is the rise in smart grid infrastructure. The economy, health and safety, and national security of any nation depend on the reliable delivery of electricity. The electricity grid is not just about power generation and transmission. It also includes an ecosystem of service providers, manufacturers, asset owners, and government officials at the local, state, and federal levels working together to run a reliable electrical grid. The development of smart grids across the globe is leading to the adoption of new metering technologies, better power protection measures, and use of efficient appliances. The global winding wire market is growing at a steady rate. In 2016, the market experienced high demand from APAC, followed by EMEA. In recent times, the rise in urbanization along with an increase in industrialization in the developing nations is likely to fuel the demand for winding wires as these wires are used in a variety of industries.
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Return: 1.00%Break even: N/A
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Solid Fuel Cake

A hexamine fuel tablet is a form of solid fuel in tablet form. The tablets burn smokelessly, have a high energy density, do not liquefy while burning and leave no ashes. Invented in Murrhardt, Germany, in 1936, the main component is hexamine, which was discovered by Aleksandr Butlerov in 1859. Some fuel tablets use 1, 3, 5-trioxane as another ingredient. The tablets are used for cooking by campers, the military and relief organizations. They are often used with disposable metal stoves that are included with field ration packs. A pot can be supported above this with a circle of chicken wire or metal tent pegs. The burning tablets are sensitive to wind, so a simple windscreen should be used, such as a strip of aluminium foil curved in a circle around the pot and stove.
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Automobile Silencer for Two and Three wheelers

Automobile Silencer is a device used to reduce the noise produced by the engine. Silencer is used in automobile vehicles to reduce the noise produced by the exhaust gases of the engine. Mufflers are installed within the exhaust system of most internal combustion engines. The muffler is engineered as an acoustic device to reduce the loudness of the sound pressure created by the engine by acoustic quieting. The noise of the burning-hot exhaust gas exiting the engine at high velocity is abated by a series of passages and chambers lined with roving fiberglass insulation and/or resonating chambers harmonically tuned to cause destructive interference, wherein opposite sound waves cancel each other out. The installation of a muffler can make a significant difference to the noise level of a car. The primary function of an automotive muffler is to reduce the noise emissions from an engine. Automotive mufflers reduce noise production simply by allowing exhaust gases to pass through passages. Two types of automotive mufflers are available in the market. Since the optimal design of mufflers results in reduced noise from engines and enhanced fuel saving, these two factors are expected to drive the global automotive mufflers market during the forecast period. Furthermore, stringent government regulations regarding noise pollution in various regions such as North America, Western Europe and the APEJ are expected to drive the global automotive mufflers market. In the product type category, the muffler segment is expected to reflect high market share in the coming years. This segment led the global market during the past years and is expected to continue the trend in the years to follow. The muffler segment in 2017 was valued a little below US$ 10 Bn and is estimated to touch a value of over US$ 13 Bn by the end of the year of assessment (2027). The muffler segment is projected to grow at a value CAGR of 3.8% during the period of forecast (2017-2027). The global automobile muffler market is expected to grow exponentially in the near future. The market is driven by growing environmental concerns and stringent exhaust noise laws are driving the automobile mufflers market. Increasing customer base expected to open the future growth opportunities for the global automobile muffler market players. Additionally, growing market of the electric motorcycle and electrical scooter is expected to fuel the growth of the market over the forecast period. The global automobile muffler market is expected to grow exponentially in the near future. The market is driven by growing environmental concerns and stringent exhaust noise laws are driving the automobile mufflers market. Increasing customer base expected to open the future growth opportunities for the global automobile muffler market players. Additionally, growing market of the electrical motorcycle and electrical scooter is expected to fuel the growth of the market over the forecast period.
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Mango Pickles Manufacturing Business

Mango Pickles Manufacturing Business. How to Start a Pickle Business. Mango Fruit Processing Industry Pickle making is a global culinary art; you can find variety of pickles around the world. It is one of the oldest methods of preserving food. Traditionally, people used to make pickles at home and use to preserve it in ceramic jars or earthen pots, but with due course of time its popularity and demand increased which made people to use it commercially. The optimization of pickle quality depends on maintenance of proper acidity, salt concentration, temperature and sanitary conditions. The mangoes used for the pickles are of course different in different parts of the country. A mango pickle is a variety of pickle prepared using mango. It is a very popular South Asian pickle. These sometimes spicy pickles are also available commercially. Uses of Mango Pickles • It is used as palatable food materials. • It is largely used in the domestic food products during breakfast, lunch or dinner. • It can be easily transferred from one place to another place. Benefits of Pickle: • It helps in improving the digestion of the body • It reduces ulcers • A good source of antioxidants • Enhances taste of the food Market Potential Mango pickle is an essential part of typical Andhra cuisine. Whatever is the occasion, without pickle the meals course is not complete. East and West Godavari districts are renowned for preparation of the pickles at households. But the preparation of pickles became a cottage industry providing livelihood to thousands of women. Mango pickles and other mango products even mango itself has a very good export as well as domestic market. On an average, an Indian family consumes around 2 kilograms of pickle per year. As life is becoming fast and hectic, people want readymade quality products that can provide them a homemade taste. Now, almost every segment of the society middle class, upper middle class and rich class are looking for readymade food options with good services. So, the market potential is like that you can talk to almost anyone about your product. The better is your service and taste; the better will be your growth prospects. The market is being driven by the wide range of health benefits offered by pickles as they are a rich source of essential nutrients such as vitamins, iron, calcium and potassium. Additionally, the growing popularity of non-GMO and organic pickles has positively influenced the market growth. The thriving food service sector has also contributed to the growing demand for pickles across the globe. Nowadays, a surge in cross-cultural cuisines has further widened the scope for the consumption of pickles in various emerging markets as well. Rising disposable incomes and aggressive promotional activities undertaken by the manufacturers is anticipated to fuel the market in the foreseeable future. Owing to the abovementioned factors, the market is expected to reach a value of US$ 12 Billion by 2023, growing at a CAGR of 3% during 2018-2023. The pickles market in the Americas was valued at USD 5.36 billion in 2015. In 2015, the US emerged as the largest market in the Americas and accounted for 47.76% of its share in the region. More than 67% of American households consume pickles, with a per capita consumption of close to nine pounds annually. Adults above the age of 55 are the main consumers. However, new flavors and the purported health benefits of pickles have attracted younger consumers in the market. On the basis of product types, the market can be segmented into fruits, vegetables, meat, seafood, relish etc. On the basis of distribution channels, the market is divided into grocery retailers, hypermarket/ supermarkets, online retailers, and others etc. hypermarkets/supermarkets is likely to hold major share in the market, due to their large scale business- which further results in bigger revenue generation. Also, the segment is expected to witness strong growth during the forecast period, owing to repeat business that these supermarkets/hypermarket do through customers. Geographically, the global market for pickles is segregated to North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North America and Latin America combined makes the most dominant region in the global market for pickles. This is attributed to larger consumption of pickles among the consumers in North America due to their differentiating taste and taste enhancing capabilities. Asia Pacific is anticipated to witness the fastest growth rate during the forecast period owing to increased demand for pickles among consumers as a savory product and also as food enhancers. Developing nations such as China and India are showing substantial growth rate in this region. The global pickles market is highly fragmented because of the presence of several large and small vendors. The vendors in the market compete on the basis of factors such as price, quality, innovation, service, reputation, distribution, and promotion to gain more market shares. Tags Mango Pickles, Pickle Production, How to Make Mango Pickle, Mango Pickles Manufacturing Plant, Mango Pickle Making, Pickle Production and Processing, Pickle Making, Processing of Mango Pickle, Mango Pickles Manufacture, Production of Mango Pickle, Mango Processing Plant, How Mango Pickle is Prepared, Aam Ka Achaar (Indian Mango Pickle), Preparation of Mango Pickle, Mango Pickle Processing Pdf, Pickling, How Pickle is Made, Pickle Manufacturing, Pickle Manufacturing Process, Pickle Fermentation Process, Pickling Process, How are Pickles Made in Factories, Mango Pickle Manufacturing Process, Pickling Food Preservation, Pickle Manufacturing Business Plan, How to Start a Pickle Business, Pickle Making Business, Pickle Manufacturing Unit, Project Profile on Pickle Manufacturing, How to Start a Small-Scale Pickle Business, Pickle Manufacturing Business Plan Pdf, Pickle Manufacturing Project, How to Start a Pickle Making Business, Pickle Manufacturing Plant, Flow Chart of Mango Pickle, Pickle Processing Unit, Pickle Making Business Ideas, Pickle Making Business in India, Mango Pickle Processing Industry, Pickle Industry In India, Project Report on Pickle Manufacturing Industry, Detailed Project Report on Pickle Manufacturing, Project Report on Mango Pickles Manufacturing, Pre-Investment Feasibility Study on Mango Pickles Manufacturing, Techno-Economic feasibility study on Mango Pickles Manufacturing, Feasibility report on Mango Pickles Manufacturing, Free Project Profile on Mango Pickles Manufacturing, Project profile on Mango Pickles Manufacturing, Download free project profile on Mango Pickles Manufacturing
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Tungsten Carbide Rod

Tungsten carbide (WC) is an inorganic chemical compound containing equal parts of tungsten and carbon atoms. In its most basic form, it is a fine gray powder, but it can be pressed and formed into shapes for use in industrial machinery, tools, abrasives, as well as. Tungsten carbide is approximately three times stiffer than steel, and is much denser than steel or titanium. Tungsten Carbide Hard Metals are primarily produced using a Powder Metallurgy process. Tungsten carbide rods, commonly used to make drill bits, PCB board micro-drill, mold thimble, die top etc. The global tungsten carbide market, by value, is estimated to witness growth at a CAGR of 4.4% over the period 2016 to 2022. This growth in the market is attributed to the increasing demand for various applications such as metal cutting tools; wear parts, mining & drilling tools etc. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • All Metal Process Inds. Ltd. • Ceratizit India Pvt. Ltd. • Creative Tools & Press Components Pvt. Ltd. • Rapicut Carbides Ltd. • Riddhi Steel & Tube Ltd. • Taegutec India Pvt. Ltd.
Plant capacity: Tungsten Carbide Rod: 2 MT/DayPlant & machinery: Rs. 86 lakhs
Working capital: -T.C.I: Cost of Project: Rs.377 lakhs
Return: 33.00%Break even: 66.00%
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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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