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

Minerals: Project Opportunities in Odisha (Orissa)

 

PROFILE:

Indian mineral resources are sufficiently rich and varied to provide the country with a strong industrial base. India is gifted with important mineral resources. The country produces about 89 minerals out of which 52 are non-metallic, 4 are fuel minerals, 11 are metallic, and 22 are minor minerals. The Mining industry in India is a major economic activity which contributes significantly to the economy of India. The GDP contribution of the mining industry varies from 2.2% to 2/5% only but going by the GDP of the total industrial sector it contributes around 10% to 11%. Even mining done on small scale contributes 6% to the entire cost of mineral production. Indian Mining Industry provides job opportunities to around 700,000 individuals.

RESOURCES:

With its vast resources of minerals Orissa offers excellent opportunities for mineral and mineral-based industries. The State has vast and diverse mineral deposits amounting to almost 16.92% of the total reserves of the country. Orissa offers investment opportunities for the following mineral-based industries: - sponge iron unit, induction furnace, coal washery, aluminium fluoride, powder metallurgy, aluminium downstream. The rich reserves of minerals in Orissa have led to the establishment of several mineral based industries in the State. Orissa is endowed with rich mineral resources like iron-ore, bauxite, coal, manganese-ore, chromite etc. According to All India Mineral Resources Estimates the mineral deposits of Orissa in respect of chromite, nickel, cobalt, bauxite, iron-ore are about 98.4%, 95.1%, 77.5%, 52.7% and 33.4% respectively of the total deposits of India. Other important mineral resources of the state are limestone, china clay, quartz, precious and semi-precious stones, copper, vanadium etc. The main exported minerals of the state are chromite, coal, dolomite, iron-ore, manganese and bauxite.

GOVERNMENT POLICIES:

The salient features of the National Mineral Policy, 2008 (NMP) generally applicable to the States are as follows:-

·         Minerals being a valuable resource, extraction have to be optimised through scientific methods, beneficiation and economic utilization. Zero waste mining will be the goal.

·         The regulatory environment will be made more conducive to investment. Transparency in allocations of concession will be assured with security of tenure to a concessionaire.

·         The duration of all concessions shall be rationalised.

·         Data filing requirements will be rigorously monitored and concessionaires will be closely monitored in this regard.

·         A framework of sustainable development will be designed to ensure that mining can take place along with restoration.

·         Mining shall not be undertaken in ecologically fragile or biologically rich areas. Mining in forest areas will be accompanied by time-bound reclamation.

·         Mining sectoral value addition through beneficiation, calibration, blending, sizing, concentration, pelletisation, purification and customization will be encouraged.

·         Mining infrastructure requires a special thrust. Infrastructure needs will be financed through innovative structures including user charges, PPP mode and viability gap funding.

·         An enabling environment will be created to motivate large capacity mining companies to undertake creation of transportation network.

·         In the public funding of infrastructure, greater thrust will be given to development of health, education, drinking water, road and other related facilities for integrated regional development.

·         State agencies involved in mineral sector development and regulation will be encouraged to modernize in the areas of prospecting as well as regulation.

·         The State Directorates will be suitably strengthened to enable them to regulate mining in the interests of conservation and scientific development of the sector.

 

Agro & Food Processing: Project Opportunities in Odisha (Orissa)

 

PROFILE:

India is the world's second largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. The Indian food processing industry stands at $135 billion and is estimated to grow with a CAGR of 10 per cent to reach $200 billion by 2015. The food processing industry in India is witnessing rapid growth. In addition to the demand side, there are changes happening on the supply side with the growth in organised retail, increasing FDI in food processing and introduction of new products. India's food processing sector covers fruit and vegetables; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products, Soya-based products, mineral water, high protein foods etc.

 

RESOURCES:

The State has vast potential for agro and food processing industries. This sector has therefore been identified as a prominent thrust area. Agriculture occupies a vital place in Orissa's economy with nearly 65 per cent of the total work force directly or indirectly engaged it. The State attaches top most priority to the growth of agro based and food processing industries. The Government has framed an agricultural policy with the aim of increasing investment in agriculture; bringing about a shift from subsistence to commercial agriculture and thus providing a status of industry to agriculture. There are several investment opportunities in the sector, which include :- provision of infrastructure like cold storage, storage godown, lift irrigation, marketing, etc ; (ii) setting up of agro-based industries for value addition to agricultural produce; (iii) seed production and quality planting material; (iv) agro-service centres; (v) production of organic tea, coffee, ginger, turmeric, cashew, aromatic rice; (vi) export of horticultural produces; (vii) fisheries and fish processing; etc. Priority has been accorded to agriculture extension through application of high-end crop production technologies as well as adoption of integrated nutrient management and pest management practices.

 

GOVERNMENT POLICIES:

The promotion of Agro-based industries is among the priorities of the State Government. Government would consider privatization of Government agricultural farms to act as nuclei for production of high quality seeds for hi-tech, agriculture and dissemination of advanced technology to farmers. Private efforts for development of agriculture, horticulture, plantation crops etc. will generally through contract farming. However, provisions of the Land Reforms Act would be suitably amended to exclude private commercial plantations from the provisions of Land Reforms. Greenhouse horticulture/floriculture would be promoted in private sector. Hi-tech, agritech firms would be also supported in selected areas. Sericulture will get high priority and private sector would be permitted to be involved in this activity. Tissue-Culture and techniques of advanced bio-technology will be promoted in a big way. Special efforts would be made to extensively develop cotton and sugarcane. Separate agencies will be created in the Agriculture A comprehensive programme for development of inland fish culture through advanced techniques of high yielding fish production will be launched. Brackish water and fresh water prawn culture has vast potential in the State. While promoting this sector, care will be taken to regulate this activity to prevent encroachments/pollution/disease spread. Modern hatcheries and feed plants would be promoted and supported. To give the required support to agro and food processing industries, a new corporate body will be set up to promote this sector through equity participation, load and other financial support and escort services. A comprehensive programme for development of Poultry sector will also be launched. Efforts will be made for long term arrangements to meet the raw material requirements of existing forest-based industries. Measures to promote commercial plantations in areas like rubber, coffee and tea will also be adopted.

 

 

Automobile Industry: Project Opportunities in Odisha (Orissa)

 

PROFILE:

The automotive industry in India is one of the largest in the world and one of the fastest growing globally. India's passenger car and commercial vehicle manufacturing industry is the seventh largest in the world, with an annual production of more than 3.7 million units. Automobile Exports registered a growth of 22.30 percent during the current financial year. Automotive industry is the key driver of any growing economy. It plays a pivotal role in country's rapid economic and industrial development. It caters to the requirement of equipment for basic industries like steel, non-ferrous metals, fertilisers, refineries, petrochemicals, shipping, textiles, plastics, glass, rubber, capital equipments, logistics, paper, cement, sugar, etc. It facilitates the improvement in various infrastructure facilities like power, rail and road transport. Due to its deep forward and backward linkages with almost every segment of the economy, the industry has a strong and positive multiplier effect and thus propels progress of a nation. The automotive industry comprises of the automobile and the auto component sectors.

 

RESOURCES:

The State would make every endeavour to attract entrepreneurs specially established industrial houses to the State for setting up Automobile, Automobile components and Auto Ancillary industries of suitable locations. Orissa holds huge investment potential in the automobile sector including the auto component sector. This is because of the inherent advantages of the State in terms of raw material, cost and manpower. The resources available in the State to support automobile manufacturing units include:- Good quality pig iron/steel ingot and aluminium ingot; steel flat products like plates and sheets; steel rounds; several state-of-the-art automobile tyre manufacturing units; adequate supply of power in the State for the power intensive industrial activities; several institutions which are a constant source of educated and skilled human resource; etc. Investment Opportunities in the sector exist in passenger car segment, two wheeler segment and heavy truck segment. The Government is making all efforts to attract investors into the State, through various incentives and schemes.

 

GOVERNMENT POLICIES:

The Orissa state government is considering implementing a dedicated policy to encourage and boost investment in the sector of automotive components manufacturing. The state sees huge potential in the sector owing to the surge of investment and growth in the automobile industry and expects to cash in on it through the policy. According to a state official, the state plans to come up with a policy that will incentivize investment from auto parts manufacturing companies with the aim of creating an auto parts manufacturing hub in the state. In order to do so, the incentives offered in other states will be studied and the draft of the policy will be prepared accordingly after consultations with various prospective investors and stakeholders.

Biotechnology Industry: Project Opportunities in Odisha (Orissa)

 

PROFILE:

The Biotechnology sector in India is one of the fastest growing sectors of the Indian Economy. As the sector is mainly based on knowledge, it is expected that it will play an important part in shaping the Indian Economy, which is developing at a rapid pace. The Indian Biotechnology sector holds immense potential in terms of research and development, skill and cost effectiveness.

 

RESOURCES:

Given the rich bio-resources base, the State offers several opportunities for investment in the sector. This is particularly so, in the areas of tissue culture, herbal products, biofertilizers and biopesticides, as well as aqua-culture. The Government of Orissa has been encouraging investors through provision of infrastructural facilities and other necessary support. The State is advantageously positioned to harness biotechnology applications owing to its rich mineral and bio-resources.  The Chilika lake, Asia’s largest brackish water lake, houses a unique ecosystem comprising aquatic and terrestrial vegetation, migratory and resident birds, fishery resources and terrestrial wild life. It has a long coastline covering 480 km.  The State has a rich floristic wealth with an estimated 2754 plant species. Out of the estimated 1200 orchid species in India, 129 rare species are reported to occur exclusively in Orissa. Forests cover about 30% of the geographical area of the State.

GOVERNMENT POLICIES:

Recognizing the potential, the Government of Orissa has identified biotechnology as a priority area. The biotech policy aims at integrating the existing achievements in research and industry and strengthening and expanding the existing base to maximize the benefits for development of the state through the following:

1. Prioritising the thrust areas for basic and applied research and technology development

2. Promoting innovation in R&D by providing financial and infrastructural support and by encouraging public-private partnership for R&D.

3. Promoting development of the industry by providing quality infrastructure and an enabling environment for sustained growth and international competitiveness.

4. Development of human resources in various areas of biotechnology.

5. Employment generation

6. Capacity building of IPR and biosafety.

7. Providing financial support, and incentives to industry.

 

 

Handicrafts and Handlooms: Project Opportunities in Odisha (Orissa)

PROFILE:

Indian handloom has been the pride of India’s tradition and a representative of its cultural brilliance. In fact, handloom sector has been gaining significance since the ancient times, when it was discovered. The basic meaning of Indian handloom is creating designs by keeping traditions intact. And that’s the reason; this sector has always been in demand. In earlier times, the weavers, embroiders and printers used to do wonders with their skills manually. But, the development in this sector has given birth to various machines that are meant to simplify the tasks. India has a rich history of handicrafts that has evolved over the centuries. The entire wealth of timeless Indian handicrafts has survived through ages. The legacy of Indian culture promises everything- beauty, dignity, form and style. The magnetic appeal of Indian culture resides in its exclusivity, its mystical tone that leaves people amazed at their sight.

RESOURCES:

Handlooms and Handicrafts of Orissa are known the world over. The industry is being assisted by the Government in various ways. It is being provided raw material, marketing and quality up gradation facilities as well as the required financial support. The sector is a source of large scale employment in the State, particularly in the rural areas. All efforts would be made to provide assistance for marketing, quality upgradation, etc. Strong incentives and support would be provided to Khadi and Village Industries sector to provide large scale employment in rural areas. As with many other handicrafts of Orissa, the roots of the applique art/craft form is interwined with the rituals and traditions of Lord Jagannath, the presiding deity of the Puri temple. Horn articles of Orissa are mystical and are blended with a superb fashion design. Their lively appearance, dynamism and animation vie with the real objects of nature - that spells the names of Parlakhemundi and Cuttack. Available in widest spectrum of items like combs, pen stands, cigar pipes, decorative figures - horn articles form a memorable memento for the near and dear ones at home. The traditional crafts like wood and stone carvings, tie and dye weaving textiles, folk and patta paintings, applique, filigree and jewellery work had flourished side by side with royal patronage and ritualistic needs of the temples in the state.

 

GOVERNMENT POLICIES:

For handlooms and handicrafts, the two key organisations under the ministry of textiles are the Office of the Development Commissioner for Handlooms and the Office of the Development Commissioner for Handicrafts. Over the years, AIACA has engaged with the two offices in various capacities over issues such as access to raw material, access to markets and access to credit. More recently, AIACA has been engaging on the issue of protection, preservation and promotion of handloom and handicraft goods through the Geographical Indications status. Due to effective Government intervention through financial assistance and implementation of various developmental and welfare schemes, this sector has been able to withstand the competition from the power loom and mill sectors.

 

 

Tourism: Project Opportunities in Odisha (Orissa)

 

PROFILE:

Tourism in India is the largest service industry, with a contribution of 6.23% to the national GDP and 8.78% of the total employment in India. Tourism has become an important industry in many countries of the world, both in the east and the west. Various initiatives are being taken by the Government and other organizations to promote tourism here. Tourism is one of the fastest growing industries in the world. The number of tourists worldwide has been registering phenomenal growth and it is expected that this number would shortly touch 1.5 billion. Tourism contributes about 11% of the world work force and 10.2% of the global gross domestic products. The dynamic growth of this industry is evident from the fact that a new job is added to this sector every 2.5 second.

RESOURCES:

Orissa offers excellent opportunities in the tourism sector. The Government has recognised the importance of tourism promotion in economic growth and has accordingly, undertaken several measures. These include:-A new logo to re-position and rebrand Orissa as a vibrant tourist destination Tourism fairs and festivals such as 'Sreekhetra Utsav' at Puri, 'Ekamra Utsav' at Bhubaneswar, 'Konark Festival' at Konark, showcasing tourism and cultural potential of the State Participation in travel-trade shows like 'Buddhist festival' , 'Leisure Moscow', 'WTM', 'PATA convention', 'IATO' , 'TTF', etc. The State has several places for tourists attraction, in the form of ancient monuments; beaches; religious places; hot springs; forest and wildlife; etc. The beaches include Gopalpur, Puri, Chandipur, Chandrabhaga, Aryapalli, Astaranga, Balaramgadi, Balighai, Baliharachandi, Beleswar, Paradeep, etc. Atri, Deulajhari, Taptapani and Tarabalo are the hot springs. Major waterfalls in the State are Barehipani, Joranda, Badaghagra, Sanaghagra, Khandadhar, Duduma, Harishankar, Miriglotah, Nrusimhanath, Phurli Jharan and Pradhanpat. Orissa was the first State to declare Hotels as an Industry. In addition to Hotels, other tourism related activities and wayside amenities would be entitled to various incentives as industries under the Industrial Policy. A separate policy on tourism would be formulated and announced shortly.

GOVERNMENT POLICIES:

A tourism policy has also been formulated by the Government for encouraging private investors. Investment opportunities in the sector, existing across a wide spectrum of areas, include:-

·         Accommodation facilities in the form of hotels, motels, spas and resorts, camps and jungle lodges;

·         Transportation services in the form of air, road and rail network, tourist vehicles and taxicabs;

·         Entertainment and leisure centres in the form of amusement Parks, theme Parks, multiplexes; water sports complexes; golf courses, bowling alleys and other sports related facilities;

 

Waste Management: Project Opportunities in Odisha (Orissa)

PROFILE:

Waste utilization, recycling and reuse plays a major role in limiting resource consumption and the environmental impact of waste. Recycling is an integral part of any waste management system as it represents a key utilization alternative to reuse and energy recovery (Waste-to-Energy). Which option is ultimately chosen depends on the quality, purity and the market situation. Hazardous waste management is a new concept for most of the Asian countries including India. The lack of technical and financial resources and the regulatory control for the management of hazardous wastes in the past had led to the unscientific disposal of hazardous wastes in India, which posed serious risks to human, animal and plant life.

 

RESOURCES:

The most common way of treating solid waste in Orissa is land filling. Awareness on Solid Waste management among the people and various Institutions, Government Organisations and non-government Organisations are working on it. In Puri Municipality there exists a mechanized Bio-compost plant for treatment of garbage of 100 TPD capacities. Solid waste from industrial activities is one of the major environmental concerns. About 25 million tons of solid waste is being generated from industrial sectors in the state. It includes fly ash & bottom ash from thermal power plants, chemical slags from Iron 7 Steel plants and red mud from Aluminium industries. Some of the wastes are designated as hazardous because of their composition and hazard potential. About 80000 MT/annum of hazardous waste is being generated in Orissa. In the mining sectors, the major solid waste is the overburden waste.

GOVERNMENT POLICIES:

National policy on waste management is set out in the October 1998 policy statement on waste management - Changing our Ways. It outlines the Government's policy objectives in relation to waste management, and suggests some key issues and considerations that must be addressed to achieve these objectives. The policy is firmly grounded in an internationally recognised hierarchy of options, namely prevention, minimisation, reuse/recycling, and the environmentally sustainable disposal of waste which cannot be prevented or recovered.

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Stuff Toys

A toy animal sewn from woven or felted fabric and stuffed inside with a lightweight fluffy material such as synthetic fiberfill or wool roving. Stuffed animals are commonly made for young children to sleep and play with. Plush/Plush Toy - a stuffed animal made A stuffed toy is a toy with an outer fabric sewn from a textile and then stuffed with a flexible material. In North American English, they are variously referred to as plush toys, stuffed animals, plushies, snuggies, stuffies, or snuggled animals. In British English, they are soft toys or cuddly toys. The toys developed in their current form in the early years of the 20th century and have remained consistently popular with children throughout. Different fads have caused specific toys to surge in popularity among adults and collectors from cloth with a deep luxurious pile. With the growing population of children, demand for the stuffed & plush toys will continue to increase in the global market. Increasing demand for comfort and soft creature toys has led the manufacturers to opt for sponge, fur clothing and cotton for the production of stuffed toys. Demand for the stuffed & plush toys is mainly bound to surge in the number of occasions and events globally. Birthdays, valentine’s day, Christmas and new year are some of the occasions that will continue to boost sales of the stuffed & plush toys in the global market. With the increasing number of traditional occasions, manufacturers are focusing on offering festive toys in the global market. Moreover, increasing number of puppet shows is expected to rev up sales of the stuffed & plush toys in the global market. However, growing need to comply with various compliances is expected to impact growth of the global stuffed & plush toys market significantly. Several federal and state regulations imposed has led to stringent checking of the stuffed & plush toys before the launch. Moreover, imposition of safety regulations by the Federal Trade Commission regarding the safe manufacturing of the stuffed toy products is likely to boost sales globally. These factors are expected to contribute towards growth of the global stuffed & plush toys market. As preference for playing with stuffed toys increases, demand for the dolls & playsets is expected to remain high in the global market. On the basis of product type, the dolls & playsets segment is expected to represent the highest revenue growth, accounting for a value of over US$ 900 Mn by the end of 2026. On the other hand, the special feature plush and puppets product type segment is expected to register a robust CAGR during the forecast period. Based on sales channel, the hyper/super market segment is expected generate significant revenues, recording a value of over US$ 500 Mn by the end of 2017. However, the other sales channel (electronic and video stores, gift shops) segment is expected to register a healthy CAGR through 2026. By stuffing materials, the synthetic toy fillings segment is expected to witness robust revenue growth, accounting for a value of over US$ 1,100 Mn by the end of 2026. In contrary, the organic toy stuffing materials segment is expected to register a significant CAGR throughout the forecast period.
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Knitted Fabric

Knitted fabric is a textile that results from knitting. Its properties are distinct from woven fabric in that it is more flexible and can be more readily constructed into smaller pieces, making it ideal for socks and hats. Its properties are distinct from nonwoven fabric in that it is more durable but takes more resources to create, making it suitable for multiple uses.
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Formaldehyde

Formaldehyde (systematic name methanal) is a naturally occurring organic compound with the formula CH2O (H-CHO). It is the simplest of the aldehydes (R-CHO). The common name of this substance comes from its similarity and relation to formic acid. Formaldehyde is an important precursor to many other materials and chemical compounds. In 1996, the installed capacity for the production of formaldehyde was estimated to be 8.7 million tons per year. It is mainly used in the production of industrial resins, e.g., for particle board and coatings. The demand for formaldehyde is continuously rising due to its increasing use in the production of various resins. These resins are being used in various industries for manufacturing purpose. Formaldehyde is also being used in producing home building products. Formaldehyde is also known for its preservative and anti-bacterial properties. Hence, medical laboratories and some consumer products are also using formaldehyde as a preservative. The global consumption of formaldehyde is increasing as it is being used on a large scale for construction and remodeling activity and furniture production. Due to the excellent thermal and chemical resistance, formaldehyde-based resins are being used in manufacturing airplane and automobile parts. Formaldehyde is also being used in manufacturing anti-infective drugs, hard-gel capsules, and vaccines. The global formaldehyde market has been segmented into application, derivatives, end use, and region. On the basis of derivatives, Urea Formaldehyde (UF) resins and concentrates is likely to witness the highest growth in terms of volume throughout the forecast period from 2017 to 2026. Based on the application, the market is further segmented into resins, drying agents, plasticizers, solvents, fibers, and other chemical intermediaries. Formaldehyde is expected to find the largest application in resins during 2017-2026.
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Acrylic Yarn Dyeing

Acrylic fibers are synthetic fibers made from a polymer (polyacrylonitrile) with an average molecular weight of ~100,000, about 1900 monomer units. The polymer is formed by free?radical polymerization in aqueous suspension. The fiber is produced by dissolving the polymer in a solvent such as N,N?dimethylformamide or aqueous sodium thiocyanate. Acrylic is lightweight, soft, and warm, with a wool?like feel. It can also be made to mimic other fibers, such as cotton, when spun on short staple equipment. Two ways of obtaining perfectly even distribution to dyestuff in acrylic fiber. Migration properties of the dyestuff can be utilized to get desired effect, provided the dyestuff is not immediately fixed during adsorption on fiber surface and fiber sites having affinity for dye stuffs are distributed evenly in fiber. The build up of dyestuff during first phase of dyeing can be controlled so that no migration takes place after absorption. Textile Dyes market is projected to grow at a CAGR of 7.25% over the projected period to reach US$7.982 billion by 2022, from US$5.625 billion in 2017. Textile dyes are used in the process of adding colors to textile products like fibers, yarns, and fabrics. Preference of natural dyes, growing demand for colored textiles and fibers and strong research and development investments in plant based dyes are the factors driving the market, whereas stringent environment laws, production overcapacity and raw materials price volatility are restraining the market growth. Growing demand for environment-friendly products is boosting the use of natural dyes in textile applications, which in further led to the increase in sales of dyes. Asia Pacific region is expected to witness highest market growth due to the increase in urban households, new applications of textile products and rapid growth in the online fashion market.
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Steel Furniture

With the growth of industrial, commercial and household activities the demand of office automation, equipments and steel furniture has increased considerably, Steel furniture is preferred over other kinds of furniture due to its durability, foldability (in many cases) and easy transportability. Steel furniture is home to the important role of masculinity, and now has become more and more attractive steel furniture. Steel furniture is both material goods, but also art, and this is often said that two important characteristics of stainless steel furniture. The steel almirahs, steel cup boards and steel chairs find their extensive use in industrial, commercial and household activities. These items are also used by various Govt. organizations. With the growth of industrial, commercial and household establishments, the demand of steel furniture items has increased considerably. Various Govt. organizations also procure these items directly or through annual rate contract system. Hence there is a good market potential for above items.
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Tailor's Chalk

Tailors' chalk is a square, circular or in the form of a triangular shaped product having a thickness of around 5mm. The product is used by the tailors for making on clothes, so that the cloth can be cut according to the marked lines. Tailors' chalks are manufactured in white as well as in various colours to be suitable for marking on clothes of various colours. A chalk-like material used for marking alterations on fabric in tailoring and dressmaking. The marks are brushed or washed off the material when no longer needed. Dressmaker’s chalk is one of the marking tools with the longest tradition in tailoring and sewing. The chalk slabs are an essential item in every tailor's or dressmaker's equipment. Tailor’s chalk is traditionally a hard chalk used to make temporary markings on cloth or a garment. This type of special chalk marks the spot on a garment where a garment might need to be taken in or let out, shortened or mark the placement of where to place an embellishment making it easy to see the exact placement. Tailor’s chalk usually comes in a rectangle shape that at times appears like a small piece of soap however, it can also be found in crayon shapes and in several different colors so that it can been seen on the marked object.
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Air Conditioner (Window Type)

An air conditioner is a system or a machine that treats air in a defined, usually enclosed area via a refrigeration cycle in which warm air is removed and replaced with cooler and more humid air. In construction, a complete system of heating, ventilation, and air conditioning I s referred to as HVAC. Window air conditioner is sometimes referred to as room air conditioner as well. It is the simplest form of an air conditioning system and is mounted on windows or walls. The evaporator side is located facing the room for cooling of the space and the condenser side outdoor for heat rejection. Window and room air conditioners use refrigeration principles to extract heat and moisture from room air, cooling and dehumidifying the air. The basic components inside the unit include a blower and/or fans for moving cooled air into the room and exhausting warm air, and refrigerant components for extracting heat from the air. Those components include a compressor, evaporator coil, refrigerant-filled tubing, and condenser coil. Most window and room air conditioners have thermostatic controls. Air conditioners are divided into two segments based on their application i.e. residential and commercial: Residential or room air conditioners are further sub-divided into window air conditioners and split air conditioners. Spilt air conditioners are popular in India whereas the market for window ACs is fast disappearing. In commercial segment, light commercial air conditioners, ducted & packaged, VRF and chillers are the various product types. Along with residential sector, commercial segment is also catching up with the increase in demand of commercial plots, offices, stores, factories and business apartments.
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Benzyl acetate

Benzyl acetate is found in alcoholic beverages. Benzyl acetate occurs in jasmine, apple, cherry, guava fruit and peel, wine grape, white wine, tea, plum, cooked rice, Bourbon vanilla, naranjila fruit (Solanum quitoense), Chinese cabbage and quince. Benzyl acetate is a flavouring agent Benzyl acetate is an organic compound with the molecular formula C9H10O2. It is the ester formed by condensation of benzyl alcohol and acetic acid. It is one of many compounds that is attractive to males of various species of orchid bees, who apparently gather the chemical to synthesize pheromones. Benzyl alcohol is an aromatic alcohol with the formula C6H5CH2OH. The benzyl group is often abbreviated "Bn" (not to be confused with "Bz" which is used for benzoyl), thus benzyl alcohol is denoted as BnOH. Benzyl alcohol is a colorless liquid with a mild pleasant aromatic odor. It is a useful solvent due to its polarity, low toxicity, and low vapor pressure. Benzyl alcohol is an aromatic alcohol with the formula C6H5CH2OH. The benzyl group is often abbreviated "Bn" (not to be confused with "Bz" which is used for benzoyl), thus benzyl alcohol is denoted as BnOH. Benzyl alcohol is a colorless liquid with a mild pleasant aromatic odor. It is a useful solvent due to its polarity, low toxicity, and low vapor pressure. Benzyl alcohol has moderate solubility in water (4 g/100 mL) and is miscible in alcohols and diethyl ether. The anion produced by deprotonation of the alcohol group is known as benzylate or benzyloxide. As a medication it is used to treat scabies and lice. For scabies either permethrin or malathion is typically preferred. It is applied to the skin as a lotion. Typically two to three applications are needed. Benzyl benzoate is a benzyl compound that can be synthesized by reacting benzyl chloride with sodium benzoate in the presence of tetrabutylaramonium iodide. It is reported to be the key constituent in the essential oils isolated from leaves and stem bark of Cinnamomum zeylanicum. Its toxicity has been assessed. The mechanism of thermal decomposition of benzyl benzoate has been investigated. The growing demand for benzyl acetate in the personal care industry across different regions of the world is anticipated to drive the global benzyl acetate market in the next few years. The major players operating in the benzyl acetate market are primarily focusing on the emergent countries for tapping their immense market potential. The key companies operating in the benzyl acetate market are installing gigantic production facilities in these developing countries to fulfill the swiftly rising local demand for benzyl acetate. Therefore, the global benzyl acetate market is expected to witness a noteworthy growth in the next years. Benzyl alcohol demand is projected to gain impulse with increasing demand from end use industries. Growing demand for paints and coating with rapid infrastructural developments in emerging economies such as India, China and Brazil is projected to drive the demand for benzyls alcohol over the forecast period. Further, growth in disposable income of middle class impelling the demand for automobiles which is subsequently fueling the demand for paints and coatings which in turn is driving the demand for benzyl alcohol. Paints and coating application accounts for major share of the global benzyl benzoate market. Thus, growing paint and coating industry is anticipated to drive the demand for benzyl alcohol over the forecast period. Besides this, increasing use of benzyl alcohol as an anti-parasite medication used to treat head lice. It is also used as a common preservative in many injectable drugs. Benzyl Benzoate covers the existing situation and the progress predictions of the Benzyl Benzoate Industry for 2018-2023. Benzyl benzoate is a kind of ester compound by condensation of benzoate and benzyl alcohol, there are a lot of important applications. It can mainly be used in textile auxiliaries, flavors and Fragrance, pharmaceuticals and plasticizer.
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Return: 1.00%Break even: N/A
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Acid Washed Granulated Activated Carbon

The activated carbon is produced for use in ultra-pure water treatment systems requiring low conductivity and exceptionally high purity. This activated carbon is also specifically designed for the removal of heavy hydrocarbons from recovered condensate. The acid washing process removes soluble silica from the matrix of the activated carbon to prevent leaching into the condensate. Some of the benefits of Acid Wash carbon include Dechlorination of water, better taste, removal of bad odors, removal of color from water, removal of organic substances, etc. Acid wash carbon has extensive internal structure, neutral surface, maximum hardness, extended operational life, high volume activity, and rapid pH stabilization. Acid wash carbon is used in various applications such as Condensate de-oiling, semiconductor process water, dialysis treatment, point of entry treatment units, and protection of reverse osmosis membranes from chlorine and organic fouling. Activated carbon is used in various industries for air purification, groundwater remediation, spill clean up and drinking water filtration. Governments across the globe are offering subsidies for water as well as air purification. These grants coupled with rapid industrialization particularly in regions such as Asia Pacific is forecasted to benefit the overall global market growth. Activated carbon used in liquid phase accounted for 52% of the overall market. The product aids in the removal of VOCs and chlorine from drinking water. They also assist in the removal of dissolved radon, lead, and odor-causing compounds. Activated carbon, due to its effectiveness in removing impurities, is widely used in water and wastewater treatment. Governments across the globe are investing heavily in water treatment plants to provide their citizens, proper access to clean water. China has invested over USD 4.5 billion in improving the clean water supply.
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Return: 1.00%Break even: N/A
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Dehydration of Lime Fruit, Dried Lemon, Dry Lemon and Dehydrated Fruit

Drying or dehydration is a process through which moisture or water content is removed from the food. Removing of water content from food makes them lighter and smaller. It helps in preservation of food for longer period of time. Dehydrated food do not require any refrigeration while preserving at home or at the time of consumption. Moreover, dehydrated food is ideal for preserving seasonal fruits and vegetables. Dehydrated food offer high nutritional value, easy storage properties and availability at low price, which is driving the demand of dehydrate food across the globe. Dehydrated food market can be segmented on the basis of technology which includes spray dried, freeze dried, vacuum dried, sun dried, hot air dried and others. Traditionally among all these segments sun dried process of dehydration was the major segment in terms of usage by food manufacturers followed by hot air dried process. However due to the introduction of new technology spray dried is expected to account for largest share in terms of market revenue contribution, followed by freeze dried during the forecast period. Vacuum dried segment is expected to show a consistent growth as compared to others. Limited usage in food products is expected to be the restraining factor for the growth of vacuum dried technology in dehydrated food market in the near future. The Dried Fruit and Vegetable Production industry has recovered steadily over the past years. Producers benefited from improving economic conditions, as well as shifting consumer preferences. As the economy continued to strengthen, renewed consumer spending helped boost demand for fruit bars, vegetable chips and other mixed snack foods that include dried fruit and vegetable inputs.
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Return: 1.00%Break even: N/A
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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  • 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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