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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.

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

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

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

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IV Cannulas Manufacturing Uni

Intravenous (IV) cannulation is a technique in which a cannula is placed inside a vein to provide venous access. Venous access allows sampling of blood, as well as administration of fluids, medications, parenteral nutrition, chemotherapy, and blood products. ‘Cannula exactly the same thing– a flexible tube inserted into the body to administer or withdraw fluids or to keep another tube patent. Intravenous cannulation is a technique in which a cannula is placed inside a vein to provide venous access. Venous access allows sampling of blood as well as administration of fluids, medications, parental nutrition, chemotherapy, and blood products. One of the IV cannula uses that changed the lives of individuals and helped clinical staff to perform intravenous treatments easily is with the presence of the Safety I.V cannula. Wellbeing I.V cannula. Implies a gadget that is utilized to flexibly liquids legitimately or in a roundabout way to the patient’s circulatory system. IV Cannula has veterinary use, nasal or oral use too. Cannula can also be used for piercing. The common uses are rapid transfusion of blood, transfusion of IV drugs. Pediatric patients or adults with small veins undergoing long term medication or blood transfusion are subjected to IV Cannula. It is also used on oncology patients undergoing Chemotherapy. Intravenous Cannulas allow the introduction or withdrawal of fluids from the human circulatory system. The short flexible and kink-resistant cannula is introduced into a blood vessel over a hollow introducer needle. It is also used on oncology patients undergoing Chemotherapy. The global peripheral I.V. cannula. Market was valued at $3,702.2 million in 2015, and it is expected to grow at a CAGR of 6.0% during the period 2016 – 2022. The global market is increasing, due to growing geriatric population and increasing incidence of chronic diseases. Entrepreneurs who invest in this project will be successful. Few Indian major players • Angi Plast Pvt. Ltd. • Global Medikit Ltd. • Hemant Surgical Inds. Ltd. • Hindustan Syringes & Medical Devices Ltd. • Mediplus (India) Ltd. • Smiths Medical India Pvt. Ltd.
Plant capacity: IV Cannula with Wings & with Injection Port Needle: 40000 pcs/day IV Cannula with Wings & with Injection Port Needle: 32000 pcs/day IV Cannula with Wings & with Injection Port Needle: 32000 pcs/dayPlant & machinery: Rs.1705 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 14615 Lakhs
Return: 35.00%Break even: 31.00%
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Glucose Saline

Glucose, also known as dextrose, is a simple sugar that can be found in nature and are chemically identical. Dextrose may decrease body protein and nitrogen losses, promote glycogen deposition, and decrease or prevent ketosis if sufficient doses are given. Since dextrose is usually metabolized to carbon dioxide and water, administration of a solution of dextrose and water is equivalent to providing the same volume of free water. Dextrose is readily metabolized; it increases blood glucose concentrations and provides calories. Dextrose may decrease body protein and nitrogen losses, promote glycogen deposition, and decrease or prevent ketosis if sufficient doses are given. Since dextrose is usually metabolized to carbon dioxide and water, administration of a solution of dextrose and water is equivalent to providing the same volume of free water. Following oral administration, dextrose, a monosaccharide, is rapidly absorbed from the small intestine principally by an active mechanism. It used for balancing the body fluid and it is added to the human body to balance the body fluid by injection which will recover fatality of the human being and recover the inside body pressure. Treatment of discarded water and electrolyte metabolism, especially in severe cases. Therapy of acid base in balances. The volume substitution and volume replacement in surgery of accident victim suffering blood lose. Arenteral nutrition for severally ill and post-operative patients. Saline is also often used for nasal washes to relieve some of the symptoms of the common cold. The solution exerts a softening and loosening influence on the mucus to make it easier to wash out and clear the nasal passages for both babies and adults. In this case "home-made" saline may be used: this is made by dissolving approximately half a teaspoon of table salt into 8 ounces (approx. 240ml) of clean tap water. The global intravenous solutions market reached a value of US$ 8.5 Billion in 2019. IV solutions and electrolytes are mainly used for fluid resuscitation, routine maintenance, replacement, and redistribution. The Market size value in 2020 is USD 86.2 million and Revenue forecast in 2025 is USD 121.7 million is expected to exhibit a CAGR of 7.1% from 2018 to 2025. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players • Amanta Healthcare Ltd. • Baxter Pharmaceuticals India Pvt. Ltd. • Bayer Pharmaceuticals Pvt. Ltd. • Denis Chem Lab Ltd. • Meridian Enterprises Pvt. Ltd. • Pfizer Healthcare India Pvt. Ltd. • Pfizer Ltd. • Pharmacia Healthcare Ltd. • Shree Krishna Keshav Laboratories Ltd. • Vikrant Pharmaceuticals Ltd.
Plant capacity: 200000 Bottles/ dayPlant & machinery: Rs. 2170 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 4083 Lakhs
Return: 25.00%Break even: 37.00%
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Vitamin ‘C’ from Sorbitol

Vitamin c is chemically the simplest of the vitamins and for this reason was among the first to be isolated, characterized, and purified and to have its structure determined. More vitamin C is produced industrially than any other vitamin, or indeed all the other vitamins put together. Vitamin C has itself been said to have almost magical properties and it is useful to get a picture of the chemistry and biochemistry of this enigmatic compound. This has unearthed a rich vein of chemistry involving L-ascorbic acid as both a redox companion and as a complexion agent; indeed the reaction of L-ascorbic acid with oxygen and other oxidizing agents is catalyzed by transition metal ions, especially copper (II), so that sometimes solution are stabilized by the addition of EDTA, which complexes the metal ions and arrests the catalysis. It is one of the few pure chemical compounds which is taken routinely by human beings in gram quantities (a possible challenger is sugar). It appears to have no harmful effects even in these large amounts and it is a medicine which it is a pleasure to take, especially in the form of fruit or vegetables. Its role (as a constituent of fruits and vegetables) in the cure and prevention of scurvy was widely debated for hundreds of years. Ascorbic acid is generally used in bread due to its properties that help extend shelf life, high profile industrial bakers such as Hovis and Kings mill both use ascorbic acid in the majority of their loaves. Using ascorbic acid in an industrial bakery can contribute to higher profit yields, lower production times and higher buyer satisfaction longer shelf life, reduced number of damaged loaves during transport. The global Ascorbic Acid market is expected to witness moderate growth over the forecast period on account of increasing demand from pharmaceutical industry. The majority of ascorbic acid manufactured is used as an antioxidant. The major end-user industries of ascorbic acid are pharmaceuticals, food & beverages, personal care, and others. The pharmaceutical industry is the largest consumer of ascorbic acid. Vitamin C helps to recycle vitamin E. The presence of a broad distribution network of companies in this region will boost the Asia Pacific vitamin ingredients market in the near future. Analysts predict this regional market to rise at a CAGR of 5.40% from 2017 to 2025 in terms of value. Entrepreneurs who invest in this project will be successful. Few Indian major players • Dishman Pharmaceuticals & Chemicals Ltd. • Glaxosmithkline Pharmaceuticals Ltd. • Gulshan Polyols Ltd. • Kasyap Sweetners Ltd. • M S Healthcare Pvt. Ltd. • Pfizer Healthcare India Pvt. Ltd. • Pfizer Ltd. • Procter & Gamble Health Ltd. • Unicorn Organics Ltd.
Plant capacity: 600 kg/dayPlant & machinery: Rs. 371 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 717 Lakhs
Return: 24.00%Break even: 50.00%
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Lithium Ion (LiFePO4) Cell Manufacturing

The Lithium Iron Phosphate Battery (LiFePO4 battery) or LFP Battery (lithium ferrophosphate), is a type of lithium-ion battery using LiFePO4 as the cathode material (on a battery this is the positive side), and a graphitic carbon electrode with a metallic backing as the anode. Cylindrical lithium cells are used for high specific energy density and good mechanical stability. Li-ion batteries have a higher energy density when compared to other rechargeable batteries. Li-ion batteries are composed of four main components namely cathode, anode, electrolyte, and separator. Lithium-ion battery generates electricity because of continuous reactions of lithium Li-ion Batteries have high power capacity without being too bulky. Lithium ion batteries are thus used in electronic equipment like mobile phones and laptops, which need to operate longer between charges while consuming more power and need batteries with a much higher energy density. Memory effect refers to as the process of losing maximum energy capacity of rechargeable batteries due to repeated recharges after being only partially discharged. They are used in telecommunication equipment, instruments, portable radios and TVs, pagers. They are used to operate laptop computers and mobile phones and aerospace application. Also used in electric vehicles, cell phones, camcorders, lap-top and palmtop computers, portable electronic devices, etc. The li-ion batteries are used in cameras, calculators; they are used in cardiac pacemakers and other implantable device. They are used in telecommunication equipment, instruments, portable radios and TVs, pagers. The lithium iron phosphate batteries market, by application, is segmented on the basis of the end-users it caters. The portable segment was the largest market in 2018 owing to its increased demand from the automotive sector, which is the major demand-generating industry for lithium iron phosphate batteries. The market for lithium-ion battery in India is expected to grow at a CAGR of 34. 8% during the forecast period of 2019 – 2024. In addition to it, the lithium-ion battery has comfortable rechargeable property, lightweight, long-lasting; thus, it perfectly contributes to the electric vehicle market to grow in the forecast period. Thus, due to demand it is best to invest in this project. Few Indian major players • BYD Company Ltd. • A123 Systems LLC, • K2 Energy • Electric Vehicle Power System Technology Co., Ltd. • Bharat Power Solutions
Plant capacity: 25000 nos/dayPlant & machinery: Rs. 3618 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 4626 Lakhs
Return: 25.00%Break even: 39.00%
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Single Wall Steel Water Bottle

Water bottles are available in different shapes, colors, and sizes. The stainless steel bottle comes with a string to provide ease of carrying. Stainless steel fridge bottle is made from high-quality steel, food-grade and BPA-free stainless steel material that make the bottles safe for use on a regular basis. The taste and nutritive value of the drinks remains intact making the bottle very appropriate choice for storing beverages. Water bottles can be either disposable or reusable. Single-walled metal bottles readily transfer temperature of contents to external surfaces, which make them unsuitable for use with unusually hot or cold liquids. Double-walled metal bottles are insulated to keep cold liquids cold and hot liquids hot, without the external surface being too hot or too cold. Because double-walled bottles have more metal in them, they are more expensive. They are typically vacuum-insulated. Metal water bottles are growing in popularity. Made primarily from stainless steel or aluminium (aluminium), they are durable; retain less odor and taste from previous contents than most plastic bottles. Double-walled metal bottles are insulated to keep cold liquids cold and hot liquids hot, without the external surface being too hot or too cold. Because double-walled bottles have more metal in them. Single wall stainless steel water bottles prevent condensation and don’t allow sweat to happen. The outside of the bottle remains normal, even having cold water inside. The bottles have a single layer of steel that helps you keep drink hot or cold for long hours. Be it a chilled winter morning or a warm day at work, you can always have a refreshing sip of drink from these bottles. Steel bottles are environment-friendly and can be used for multiple years and do not end up in landfills owing to their 100% recyclability. Stainless steel water bottles can be used more than hundreds of times. You just need to clean them after one use, and they will be ready for the next use. Investing once in steel bottles, you don’t have to even think about reinvesting in them for like multiple years. The market is expected to reach INR ~403.06 Bn by the end of 2023, from its current value of INR ~160 Bn, expanding at a compound annual growth rate (CAGR) of ~20.75% from 2018. Based on volume, the market is likely to reach ~35.53 Bn liters by 2023, expanding at a CAGR of ~18.25% from 2018 to 2023. Entrepreneurs who invest in this project will be successful. Few Indian major players • Borosil Ltd. • Cello International Pvt. Ltd. • Hamilton Housewares Pvt. Ltd. • M-Pol Industries Bangalore Pvt. Ltd. • Nirlon Ltd.
Plant capacity: 2,000 nos/ dayPlant & machinery: Rs. 138 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 439 Lakhs
Return: 29.00%Break even: 64.00%
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Magnesium Powder from Dolomite Stone

Magnesium (Mg) is a silvery white metal that is similar in appearance to aluminium but weighs one-third less. Magnesium is strongly reactive with oxygen at high temperatures; above 645°C (1,190°F) in dry air, it burns with a bright white light and intense heat. For this reason, magnesium powders are used in pyrotechnics. At room temperature, a stable film of water-insoluble magnesium hydroxide forms on the metal’s surface, protecting it from corrosion in most atmospheres. The highly reactive metal is used in the manufacture of reagents, which are essential in modern metal processing. But Magnesium allows for so much more. As an example: The bonding of powder molecules by atomic diffusion process in the shaping production of components by pressure or sintering, will result in components superior to other metals with regard to their characteristics. In particular their weight is a clear benefit. magnesium powder is widely used in such scientific areas as military and aviation industries, The chemical performance of magnesium is very active, which is mostly used in metallurgical industry. Magnesium powder can serve as desulfurizer or cleaning agent for steel-making industry and casting of non-ferrous metals, and reducer for production of rare metal. In chemical industry, magnesium powder can be used as dehydrator for organic compound or to directly make organic compound of magnesium. Magnesium allows the bonding of powder molecules by atomic diffusion process in the shaping production of components by pressure or sintering, will result in components superior to other metals with regard to their characteristics. In particular their weight is a clear benefit. Magnesium powder can serve as desulfurizer or cleaning agent for steel-making industry and casting of non-ferrous metals, and reducer for production of rare metal. Magnesium powder is an essential nutrient for plant growth; it enhances food quality. Magnesium (Mg) plays a vital role in chlorophyll formation and photosynthesis. It influences various metallic processes and reactions such as photophosphorylation (i.e., ATP formation in chloroplasts), photosynthetic carbon dioxide (CO2) fixation, protein synthesis, partitioning and utilization of photo-assimilates, generation of reactive oxygen species, and photooxidation in leaf tissues. The market in Asia-Pacific dominated the global market with a share of over 40% in 2018 and is projected to register the highest CAGR of over 6.5% during the forecast period. The Global Magnesium Powder Market is projected to register a healthy CAGR of 5.50% to reach USD 1,334.6 Million by the end of 2024. Thus, due to demand it is best to invest in this project.
Plant capacity: 166.7 MT/dayPlant & machinery: Rs. 4160 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 13904 Lakhs
Return: 26.00%Break even: 72.00%
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Trichloroisocyanuric Acid

Trichloroisocyanuric acid is an organic compound with the formula (C3Cl3N3O3). It is used as an industrial disinfectant, bleaching agent and a reagent in organic synthesis. Trichloroisocyanuric acid (TCCA) is a versatile and efficient reagent for chlorination and oxidation reactions. Depending on the reaction conditions employed, it can release either an electrophile chlorine atom (Cl+) or a radical chlorine atom (Cl.) promoting selectively different pathways of reaction. It was effectively used to synthesize many classes of compounds such as: chlorinated arenes, N?chloramines and amides, ??halo?carbonyl compounds, benzyl chlorides, esters, carboxylic anhydrides, and amides. It is widely used in civil sanitation for pools and spas, preventing and curing diseases in animal husbandry and fisheries, fruit and vegetable preservation, wastewater treatment, as an algaecide for recycled water in industry and air conditioning, in anti shrink treatment for woolens, for treating seeds and in organic chemical synthesis. It is used in chemical synthesis as an easy to store and transport chlorine gas source, it is not subject to hazardous gas shipping restrictions, and its reaction with hydrochloric acid produces relatively pure chlorine. Trichloroisocyanuric acid as used in swimming pools is easier to handle than chlorine gas. It dissolves slowly in water, but as it reacts, cyanuric acid concentrations in the pool will build-up. It is used in chemical synthesis as an easy to store and transport chlorine gas source, it is not subject to hazardous gas shipping restrictions, and its reaction with hydrochloric acid produces relatively pure chlorine. Intensifying demand for safe and treated water across the Asia Pacific region for constraining diseases that is innate from polluted water. Such factor is expected to significantly driving the trichloroisocyanuric acid market growth during the forecast period. Moreover, the positive impact of various regulations and standards regarding safe water infrastructure and system across North America and European region are also projected to lay a strong base for trichloroisocyanuric acid market growth in the upcoming years. The Middle East and Africa and Latin America are projected to witness robust growth in the global trichloroisocyanuric acid market during the forecast period. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players • Aditya Birla Chemicals • Kashyap Industries
Plant capacity: Trichoroisocyanuric Acid: 16.7 MT/day Hydrochloric Acid 32% by product: 24.5 MT/dayPlant & machinery: Rs.178 Lakhs
Working capital: -T.C.I: Cost of Project: Rs.1095 Lakhs
Return: 31.00%Break even: 73.00%
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Production of Lithium Ion (LiFePO4) Cell batteries for electric vehicles

In today's portable electronics, two types of batteries are used: lithium-ion and lithium iron phosphate. Although they have some similarities, the high energy density, long life cycles, and protection of both are significant differences. The majority of people are familiar with lithium-ion batteries since they own a smartphone, tablet, or computer. Lithium iron phosphate is a newer type of battery that is gaining popularity in the manufacturing industry due to its low cost materials and high temperature stability. Related books:- Automobile Industry, Automotive Components & Allied Products Engine Parts, Piston, Pin, Piston Ring, Valve, Control Cable, Engine Mounting, Auto Lock, Disc Brake, Drum, Gear, Leaf Spring, Shock Absorber, Silencer, Chain, Cylinder Block, Chassis, Battery Advantages of Lithium Ion (LiFePO4) Cell batteries High energy density paves the way for even greater capacities. When fresh, there is no need to prime it for a long time. All that is required is a single daily fee. Self-discharge is less than half that of nickel-based batteries, suggesting that they have a poor self-discharge. Low Maintenance: There is no need for a periodic discharge, and there is no memory. Specialty cells can provide a large amount of current to applications like power tools. Lithium Ion (LiFePO4) Cell manufacturing process Cathode, anode, electrolyte, and separator are the four primary components of Li-ion batteries. The continuous reactions of lithium in a lithium-ion battery produce electricity. Cathode A Li-ion battery's power and voltage are determined by its cathode. Since lithium is unstable in its element form, the cathode of a Li-ion battery is lithium oxide. The frame of the cathode is held together by a thin aluminium foil, which is coated with a paste made up of active material, conductive additive, and a binder. Related project: - Lithium Ion Battery Anode The anode is also coated with an active material that allows for the reversible absorption or emission of lithium ions released from the cathode while also allowing for the flow of electric current through the external circuit. Lithium ions are contained in the anode rather than the cathode when the battery is charged. Lithium ions migrate back to the cathode via the electrolyte as the conducting wire binds the cathode to the anode in the discharge state, and electrons are isolated from lithium ions and travel along the wire, producing electricity. Electrolyte The electrolyte in a Li-Ion Battery allows the transfer of lithium ions between the cathode and the anode, as well as the movement of electrons through the wire. To allow the movement of lithium ions, an electrolyte is usually made up of chemicals with high ionic conductivity. Separator The cathode and anode determine the battery's basic efficiency, while the electrolyte and separator determine the battery's safety. By holding the cathode and anode separate, the separator serves as a physical barrier. It also prevents electrons from flowing directly through the internal microscopic hole, allowing only lithium ions to pass through. Synthetic resins such as polyethylene (PE) and polypropylene (PP) are widely used in commercialized separators (PP). Market outlook The demand for lithium iron phosphate batteries in North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America is divided into three parts: the United States, Canada, and Mexico. Germany, the United Kingdom, Italy, France, and the rest of Europe make up Europe. China, India, Japan, and the Rest of Asia-Pacific make up Asia-Pacific. Because of its proven automotive sector and rising consumer electronics demand, Asia-Pacific dominated the global market. From 2020 to 2027, the global lithium iron phosphate battery market is projected to expand at a compound annual growth rate (CAGR) of 15.2 percent. Related videos: - Renewable Energy Sector, Green Power, Solar Energy, Biofuel, Hydroelectric, Wind, Non-conventional Energy, New and Renewable Energy Govt policies On November 11, 2020, the government approved the production-linked incentive (PLI) scheme in advance chemistry cell (ACC) battery manufacturing, as well as 10 other industries. The battery strategy of the scheme aims to make producers more internationally competitive, increase exports, achieve economies of scale, and develop cutting-edge goods. This is part of an attempt to encourage the use of electric vehicles (EVs), which have been hindered in India by high battery costs and a lack of supporting infrastructure. Battery imports account for more than half of the cost of an electric vehicle in India. The government has suggested that local manufacturing facilities be built in order to minimize costs and promote competition. The government has made it clear that it wants to drive India toward clean energy and transportation, as evidenced by the ambitious target of 450 GW of renewable energy production by 2020. Apart from promoting EVs, there has been a notable drive for renewable energy to be available around the clock, which includes energy storage like ACC batteries. Market Research; - Market Research Report The proposed battery policy is output-based rather than input-based, which is one of the scheme's key features. The subsidy is based on the amount of production generated and the amount of value added by private businesses. Only private companies would be eligible for a government subsidy if they reach a 60 percent value addition within five years of the project's start date, which is when full-scale development is planned. Any new technology that emerges in the next ten years will be eligible for a subsidy as well. Next, the government has set aside 570 billion (US$7.7 billion) for the car industry over the next five years as part of the programme. In reality, ACC manufacturing industries have been allocated 180 billion (US$2.4 billion) in advance. The government would pay the producer a fixed subsidy (as determined by the private entity's bid) for a period of ten years, subject to discounting over time. Economies of scale and lower production prices will be factored into the discounting. Key Players:- • BYD Company Ltd. • A123 Systems LLC, • K2 Energy • Electric Vehicle Power System Technology Co., Ltd. • Bharat Power Solutions • OptimumNano Energy Co., Ltd. • LiFeBATT, Inc. Related Projects: - Renewable Energy, Non-conventional Energy, Solar Energy, Biofuel, Biomass Projects Tags:- #LithiumIonBattery #LithiumIonBatteryProduction #LithiumIonBatteryIndustry #LithiumIonBatteryManufacturing #ElectricVehicles #ElectricVehiclesIndustry #ElectricVehiclesProduction #ElectricalIndustry #ElectricIndustry #RenewablePower #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #entrepreneurindia #startupbusiness #ProjectReport #startup #projectconsultancy #businessopportunity #IndustryDemands #profitablebusiness #ManufacturingBusiness
Plant capacity: -Plant & machinery: -
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Return: 1.00%Break even: N/A
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Set Up an Industry for the Manufacture of Intravenous (IV) Catheters

Set Up an Industry for the Manufacture of Intravenous (IV) Catheters Introduction An IV Cannula, also known as an IV Catheter, is a Bevel-type needle that is used to make insertion smoother and less painful. This Catheter tube is flexible, kink-resistant, and double tapered with a rounded tip for a smooth introduction and minimal patient discomfort. Intravenous (IV) cannulation is a venous access operation that involves inserting a cannula into a vein. Blood should be drawn and fluids, medications, parenteral care, chemotherapy, and blood products can be delivered into a vein. Related projects:- Business Plan for Set up Manufacturing Unit of Intravenous (IV) Cannulas Uses of (IV) cannula An intravenous cannula is a flexible tube that can be placed into a patient's veins to deliver drugs and IV fluids, as well as take blood samples. Intravenous cannula sizes are color coded according to their intended use. The most popular cannula sizes are 14 to 24 gauges. Which cannula sizes should be used depends on the intent, the patient's condition, and the urgency with which intravenous fluid must be administered. The smaller the gauge, the greater the cannula's diameter, and the quicker the fluid flow. Rapid is one of their most popular applications. • replacement of fluid • Transfusion of blood • Major surgery and trauma . GOVT. Schemes for Promotion of Medical Devices Manufacturing Medical devices have been listed as a priority sector for the flagship 'Make in India' initiative, and the Indian government is committed to strengthening the manufacturing ecosystem. India is Asia's fourth-largest market for medical devices. The Indian market is currently heavily reliant on imports, but exports have recently increased. Related book:- Handbook on Medical and Surgical Disposable Products (Blood Bags, Plastic Gloves, I.V. Cannula, Infusion Set, Gowns, Masks, Catheter, Cotton and Bandage, Surgical Wear, Syringes) India's vision of being a global manufacturing center for medical devices is being boosted by the “Atma Nirbhar” Bharat mission. The Development Linked Incentive Scheme (PLI) and the Promotion of Medical Device Parks Scheme, for example, are recent initiatives that illustrate this. These schemes have been thoughtfully designed to encourage large-scale manufacturing and to provide the infrastructure necessary for the development of manufacturing clusters in India. The PLI Scheme for Medical Devices Manufacturing proposes a financial opportunity to improve domestic manufacturing and attract substantial investment in medical device segments such as cancer care devices, radiology and imaging devices, anesthetics devices, implants, and so on. The production process during the scheme's length, linked rewards worth up to INR 3,420 corer will be awarded. Surgical dressings and disposable perfusion sets are classified as Class A products by the central drug authority. If needles, urinary catheters, and other medical devices are classified as class B, bone cement, dialysis machines, and other medical devices are classified as class C due to the moderate-high risk they pose. Class D products, such as stents and heart valves, are high-risk. The low-risk, high-volume category has the most enforcement issues. Related videos:- Disposable Products The demand for consumables and patient aids is estimated to be worth $5.2 billion, or roughly 30% of the total. Large players dominate the hi-tech diagnostic imaging market, which would be the least affected. The government has set strict deadlines for the rule's enforcement for various items. The notice from the Ministry of Health includes all products, including instruments, apparatus, appliances, implants, materials, and other objects — whether used alone or in combination, including software or an accessory — that the manufacturer intends to be used specifically for humans or animals. The announcement comes at a time when the domestic medical device industry was anticipating a separate law to govern medical devices, rather than the existing regulation that classifies such devices as "drugs" and requires regulatory approval under the Drugs and Cosmetics Act. Market Outlook The market has been divided into three categories based on the material used in the construction of cannulas: • Metal • Plastic • Silicone In the cannula market, silicone material is expected to be the fastest growing segment. The non-irritant quality of the material is a major factor moving the silicone cannula market forward. Furthermore, since this form of cannula is more flexible and delicate, it is more convenient and manageable for both the health care professional and the patient to use. The cannula market is divided into four segments based on geography: North America, Europe, Asia Pacific, and the Rest of the World. The cannula market is divided into four segments based on geography: North America, Europe, Asia Pacific, and the Rest of the World. Market Research; - Market Research Report Boston Scientific Corporation, Teleflex Incorporated, Conmed Corporation, Sorin Group, Edward Life science Corporation, Medtronic plc. Terumo Corporation, Smith & Nephew plc. Smiths Medical, and Marquette Holding B.V. & Co. are among the major industry players in the cannula market. KG. The global peripheral intravenous (IV) catheter market is projected to hit USD 6.73 billion by 2025, up from USD 4.03 billion in 2017. The market is expected to expand at a CAGR of 6.1 percent from 2018 to 2025. KEY PLAYERS:- Angi Plast Pvt. Ltd. Global Medikit Ltd. Hemant Surgical Inds. Ltd. Hindustan Syringes & Medical Devices Ltd. Mediplus (India) Ltd. Smiths Medical India Pvt. Ltd. #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #entrepreneurindia #startupbusiness #ProjectReport #startup #projectconsultancy #businessopportunity #IVCannulas #CannulasMarket #CannulasIndustry #IntravenousCannulation #Medical #MAnufacturingBusiness #ProductionBusiness #DisposableProducts #DisposableBusiness #SurgicalProducts #SurgicalIndustry #SurgicalManufacturing #SurgicalBusiness #SurgicalIndustry #SurgicalMarket #DisposableMarket #DisposableIndustry
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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