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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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Ferric Chloride Solution

The ferric chloride test is a traditional colorimetric test for phenols, which uses a 1% iron(III) chloride solution that has been neutralised with sodium hydroxide until a slight precipitate of FeO(OH) is formed. The mixture is filtered before use. Ferric chloride solution is a colorless to light brown aqueous solution that has a faint hydrochloric acid odor. Highly corrosive to most metals and probably corrosive to tissue. Noncombustible. Used in sewage treatment and water purification. Ferric chloride is a brownish liquid which has a pungent odor which is similar to that of hydrochloric acid. It also exists in solid lump form or in anhydrous powder form. Ferric Chloride or Iron (III) Chloride is used as a flocking agent in drinking water and waste water treatment in various industries. When small amount of ferric chloride is added in water, ferric hydroxide precipitates and absorbs the suspended impurities. Ferric chloride is generally used as a concentrated solution with minimum concentration of 40% w/w. Moreover in few industrial applications, ferric chloride is also used in crystalline solid form. Aqueous ferric chloride solution is acidic in nature and corrosive to most metals. Ferric chloride is most commonly produced from chlorine gas and pickling liquors. Moreover, ferric chloride produced as a byproduct of manufacturing titanium dioxide is also used in many industries. Consumption in the United States is forecast to grow at 1.3% annually during 2016-21. Ferric chloride producers tend to have a regional, rather than a national outlook, because transportation costs are significant. More than 80% of all ferric chloride is sold in municipal bids, with 53% sold for municipal wastewater applications, and 37% for potable water treatment applications. Industrial water treatment applications account for 6% of consumption, with the remaining 5% sold in nonwater treatment applications, such as electronic and photographic etchants, metal surface treatment, and as a catalyst. Much of the etchant activity has moved to Asia.
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Return: 1.00%Break even: N/A
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Sindur Roli Bindi & Gulal

Sindoor is an orange/red colored powder used by the Hindu community for religious and cultural purposes. Married women may wear sindoor in the part of their hair to indicate marriage status. Women may also w ear sindoor as a dot or “bindi” on their foreheadsfor cosmetic purposes, or, along with men, may wear it for religious purposes. The red colour is connected with rajas, one of the three constituents of prakriti (nature) that is sattva, rajas and tamas. These three constituents of prakriti represent goodness, passion and darkness. Each of these is represented by a colour. White colour is for goodness, red is for passion and black is for darkness and ignorance. These three constituents of prakriti are described in Sankhya philosophy of Hindu religion. The red colour of bindi or sindoor represents the passionate aspect of prakriti. The red implies also love, fertility and strength. Sindoor (vermilion) is sublimed mercuric sulfide and is a brilliant red pigment. Bindi originally is a round mark on the foreheads of Hindu females. Bindi is derived from the Sanskrit word bindu meaning dot or drop. Making a mark on the forehead is a very old tradition among Hindu men and women. The old name for this mark is tilaka. Tilaka is made with coloured earth, ashes of yajna (the fire offering), sandalwood paste or unguent. The term tika or tikka is a distorted form of the term tilaka. The positioning of the bindi in between the eyes is significant. According to the Indian sages, the area between the eyebrows is the seat of latent wisdom. This point between the eyes, known by various names such as Ajna Chakra, Spiritual Eye, and Third Eye, is said to be the major nerve center in the uman body. In the Kundalini yoga and Tantric tradition during meditation, the "kundalini" - the latent energy that lies at the base of the spine is awakened and rises to the point of sahasrara (7th chakra) situated in the head or brain. The central point, the bindu, becomes therefore a possible outlet for this potent energy. Gulal also known as Abeer is the traditional name given to the coloured powders used for the typical Hindu rituals, in particular for the Holi festival. During this festival, which celebrates love and equality, people throw these powder solutions at each other while singing and dancing. Abeer' is made of small crystals or paper like chips of mica. This is usually mixed with the gulal to give it a rich shine. These colors can be used dry, or mixed with water. Colored powder (Gulal) is bought and prepared, long syringes called 'pichkaris' are made ready and water balloons are bought and filled. Gulal powder has always had an important role in Hindu culture and has always been used for religious purposes.
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Hybrid Seed Production, Biotech & Export (Floriculture with Green House)

The development of hybrid varieties is most important achievement of application of genetics in crop improvement. In the coming years biotechnological tools have to play very crucial role in various ways including development of specific parental lines or hybrids in vegetables. Role of biotechnological tools like micropropagation, molecular markers, anther culture, cybridization, induced male sterility and transgenics in the production of specific parental lines or hybrids in vegetables. Micropropagation can be used for maintenance of male sterile lines either controlled by recessive genes (tomato, muskmelon, chilli) or dominant genes (cabbage); maintenance of self-incompatible lines in cole crops and maintenance of hybrids as such through tissue culture. Molecular markers can be used for assessment of genetic diversity, construction of linkage maps, varietal identiHcaton and marker assisted selection for traits of interest. Anther culture techniques can be utilized for development of self-incompatible lines in cole vegetables and also to develop inbred lines in cross-pollinated vegetables. Cybridization is used for single step transfer of cytoplasmic male sterility from potato to tomato by protoplast fusion and generation of noval cybrids in tomato. Induction of male sterility by the use of 'BarnaseBarstar' systerm of hybrids seed production, is universally applicable for economic hybrid seed production especially in those vegetable crops where male sterility is not available (e.g. okw).Genetic transformation techniques can be used for trait specific transgenic parental lines for hybrids. Hybrid seeds market is growing at an incremental pace globally. Hybrid seeds are developed after cross pollination among different varieties of same plants. Cross pollination involves transferring the pollen from male to female. The hybrid seeds will produce similar plants, however the next generation seeds from the hybrids could differ in their characteristics. Hybrid seeds have specific characteristics such as pest and disease resistant, can adopt to environmental changes, and helps in enhancing crop productivity. Clonal propagation and open pollination are alternatives to hybridization. Increase in usage of hybrid seeds with several advanced traits, such as pelleting & seed coatings, biological & mechanical innovations related to farms, an introduction of enhanced hybrid seed varieties, and decline in arable land, and diversification of diets are major factors that drive the market growth globally. Global population is estimated to reach 9 billion by 2050, and is expected to require twice the food, which could be produced from constant land area. More production is anticipated to be accomplished from less land only by using the combination of quality seeds, quality inputs, and enhancing farm practices. Increasing demand for foods owing to rapidly rising global population is one of the major factor fuelling the demand for the product. The land resource is limited and is shrinking over the years, thereby necessitating adoption of methods to enhance crop productivity. Usage of hybrid seeds is considered to be one of the effective method for augmenting crop production.
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Profitable Investment Opportunity in Xanthan Gum (Food and Oil Drilling Grade)

Profitable Investment Opportunity in Xanthan Gum (Food and Oil Drilling Grade). Industrial Production of Xanthan Gum Xanthan gum is a polysaccharide, which is manufactured from a wide range of sugars using fermentation process. It is mainly used as a thickener and stabilizer to improve the structural properties of the food products. Owing to these factors, they are used in the heavy end industries such as food & beverages, oil & gas, pharmaceuticals, and others. Xanthan gum is a natural high molecular weight anionic polysaccharide and an important industrial biopolymer manufactured by the process of fermentation. Due to its unique properties, it is used in a variety of applications such as food and beverages, oil and gas, pharmaceuticals, personal care and cosmetics, agrochemicals, pet food, textiles printing, and chemical applications such as adhesives, ceramic glazes, foundry compounds, emulsions, lubricants, paints and coatings, and pesticides. Xanthan gum consists of repeating units of five carbon ring structures (Pentasaccharides), containing glucuronic acid, mannose, and glucose (in molar ratio 2:2:1). Xanthan gum is manufactured by fermentation of sugars such as lactose, sucrose or glucose. After fermentation, the polysaccharide formed is extracted through precipitation from a nutrition/growth medium by adding isopropyl alcohol, drying and then grounding the extract into fine powder. Xanthan gum is formed by adding the powdered polysaccharide into a liquid medium. Uses: • Xanthan gum is a sugar-like compound made by mixing aged (fermented) sugars with a certain kind of bacteria. It is used to make medicine. • Xanthan gum is used for lowering blood sugar and total cholesterol in people with diabetes. It is also used as a laxative. • Xanthan gum is sometimes used as a saliva substitute in people with dry mouth. • In manufacturing, xanthan gum is used as a thickening and stabilizing agent in foods, toothpastes, and medicines. Xanthan gum is also an ingredient in some sustained-release pills. Oil & Gas firms are actively involved in setting up enhanced oil recovery (EOR) methods to improve crude oil & natural gas production from potential exhausting reserves that can propel industry expansion. Rising demand for food & beverages owing to fast growing population and improved customer lifestyle in BRICS nations is predicted to fuel industry growth. Food & beverages segment was evaluated at more than $8.51 trillion for 2004 and crossed $15.1 trillion mark for 2015. Increasing significance of cosmetic items like lotions, denture cleaners and shampoos along with growing consciousness about risks associated with synthetic personal care items are predicted to propel Xanthan gum market globally. Xanthan Gum is the bacterium which secrets polysaccharide which in is Xanthan Gum, which is commonly used as a food thickening agent (salad dressing) and a stabilizer. Xanthan Gum scientific name is Xanthomonas. Xantham Gum is produced by fermenting glucose, sucrose or lactose, followed by precipitation of polysaccharide from a growth medium with isopropyl alchohol, dried and ground into a fine powder. Later, it is added to a liquid medium to form the gum. Change and growth in the food and beverage industry – including the demand for gluten-free products and increased consumption of convenience foods – is helping to expand the use of xanthan gum worldwide. The global market for xanthan gum is expected to top $972 million by 2022. Increasing use of xanthan gum as an emulsion across a wide array of applications including salad dressings, toppings, relishes, sauces, non-fat milk, dairy products, baked and frozen foods coupled with growth of food & beverage industry is anticipated to augment market growth. rowing population, changing lifestyle of consumers and rising number of restaurants and cafes especially in India and China coupled with increasing use of xanthan gum as a low price alternative to guar gum in a wide range of food applications is expected to result in high demand for xanthan gum. Increasing demand for petroleum and petrochemicals is expected to result in increasing use of xanthan gum over the forecast period as it is an important component employed in drilling fluids. Xanthan gum is primarily used to retard drug release in tablets and is compatible with numerous stabilizers and thickeners. Growth in the pharmaceutical industry is likely to propel xanthan gum demand over the next six years. The food and beverage industry has and is likely to continue showing a heavy support for the global xanthan gum market in terms of demand. Moreover, the expansion of the food and beverage industry into a greater variety of convenience foods is expected to boost the global xanthan gum market even further. Another key driver for the global xanthan gum market is the inherent superiority of xanthan gum to other hydrocolloids. However, current restraints experienced by the global xanthan gum market include the reinforced anti-dumping policies by the U.S. and other developed economies on the import of these products from Austria and China, along with the overall mistrust of quality of xanthan gum supplied by China, which is the leading producer in the market. In terms of volume, the global xanthan gum market is expected to expand at a CAGR of 7.3% for the above forecast period. The key end users of the global xanthan gum market include the industries of food and beverage, oil and gas, pharmaceuticals, personal care, and other minor end users such as lab research prospects and agrochemicals. The extremely high use of xanthan gum in the food and beverage industry is spread across the areas of bakery and confectionary, dairy and ice creams, meat and fish, beverages, and sauces and dressings. The increasing population and a growing economically-active population in Asia Pacific is further increasing demand for on-the-go foods. Increasing government investment in healthcare is also boosting pharmaceutical sales across the globe, which is driving the xanthan gums market. A mounting demand for gluten-free foods is also driving the xanthan gum market. Xanthan gum is used in the gluten-free baking process for several products such as cookies, cakes and pancakes, muffins and quick breads, breads, pizza dough, and salad dressings. Among these, xanthan gum is used in large quantities in the preparation of pizza dough. The nutritional characteristic of xanthan gum further increases its acceptability, as it contains carbohydrates and fiber. Tags Xanthan Gum Manufacture, Xanthan Gum Manufacturing Plant, Xanthan Gum Production, Production, Recovery and Applications of Xanthan Gum, Xanthan Production, Industrial Production of Xanthan Gum, Xanthan Gum can be produce by Aerobic Fermentation Process, Production of Xanthan Gum by Fermentation, Fermentation (Industrial) Production of Xanthan Gum, Xanthan Gum Production PPT, Xanthan Gum Production Flow Chart, Xanthan Gum is a polysaccharide, Xanthan Gum Production Process, Xanthan Gum Uses, Xanthan Gum Production, Process for Xanthan Gum Production, Xanthan Gum: Properties, Production, Xanthan Gum Fermentation, Xanthan Gum Production By Xanthomonas Campestris, Xanthan Gum Chemical Properties, Xanthan Gum Manufacturing project ideas, Projects on Small Scale Industries, Small scale industries projects ideas, Xanthan Gum Manufacturing Based Small Scale Industries Projects, Project profile on small scale industries, How to Start Xanthan Gum Manufacturing Industry in India, Xanthan Gum Manufacturing Projects, New project profile on Xanthan Gum Manufacturing industries, Project Report on Xanthan Gum Manufacturing Industry, Detailed Project Report on Xanthan Gum Manufacturing, Project Report on Xanthan Gum Production, Pre-Investment Feasibility Study on Production of Xanthan Gum by Fermentation, Techno-Economic feasibility study on Production of Xanthan Gum by Fermentation, Feasibility report on Production of Xanthan Gum by Fermentation, Free Project Profile on Xanthan Gum Production, Project profile on Production of Xanthan Gum by Fermentation, Download free project profile on Xanthan Gum Production, Startup Project for Xanthan Gum Production
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Opportunities in Production of Monochloroacetic Acid (MCAA)

Opportunities in Production of Monochloroacetic Acid (MCAA). An essential ingredient in the Chemical Industry Monochloroacetic Acid (MCAA) is a specialty organochlorine compound, also known as chloroacetic acid. It is the building block in organic synthesis, and is hence used in the production of various chemical compounds, drugs, and agrochemicals. Significant amount of MCAA is consumed for the production of carboxymethylcellulose (CMC), thioglycolic acid, USP grade glycine, and technical grade glycine, which is a major precursor to the production of glyphosate. Monochloroacetic acid is a colorless, crystalline, water-soluble compound obtained by the reaction of acetic acid with chlorine. It is used to manufacture versatile intermediates required to synthesize chemicals such as carboxymethyl cellulose (CMC), 2, 4-D, glycine, thioglycolic acid, synthetic caffeine and barbiturates. Monochloroacetic acid is a halogenated derivative of acetic acid that is used as a building block in organic synthesis. It exists in three crystal modifications: alpha, beta and gamma. Commercial MCA is produced in the alpha form and is available as flakes or in water solution. Major end-user industries for monochloroacetic acid include oil drilling, personal care, agrochemicals, construction and dyes. Monochloroacetic acid is used on a large scale in the production of carboxymethyl cellulose. The extensive use of carboxymethyl cellulose in oil drilling is forecast to drive the global monochloroacetic acid market. The rising demand for agrochemicals such as glyphosate is also expected to augment the monochloroacetic acid market. However, the manufacturers of monochloroacetic acid are constantly challenged by the volatility of the prices of raw materials such as methanol and acetic acid. This will curtail the growth of the market. Chloroacetic acid is used widely in various activities in mining. The rising taconite and iron ore mining activities will create new opportunities for the global monochloroacetic acid market. Monochloroacetic acid (MCA) is broadly used in chemical industries in the manufacture of carboxymethyl cellulose (CMC). Hence, the demand for CMC is expected to rise exponentially due to an increase in industrial applications. Moreover, rising population and increasing demand for agricultural products is expected to trigger growth of monochloroacetic acid. Increasing demand from glyphosate is also likely to boost the demand for monochloroacetic acid during the years to come. Cellulosics, agrochemicals, thioglycolic acid, surfactants and others are the key application segments of monochloroacetic acid market. Cellulosics was the largest application market for monochloroacetic acid market. Cellulosics segment accounted for over 30.0% share of total market, in 2014. Agrochemicals application segment is expected to be the second largest segment in this market. Thioglycolic acid, surfactants and others application are also expected to dominate the global monochloroacetic acid market. Being a major intermediate constituent in the synthesis of organic components, it is mainly applied in the production of carboxymethylcellulose and starch as the thickening agent for paper, oil drilling, detergents, pharmaceutical, and food applications. Monochloroacetic acid is also used in the manufacturing of insecticides such as dimethoates, as a raw material for betaine personal care product, in agrochemical production such as MCPA herbicides, thioglycolic acid ester as additives in cosmetics, and thioglycolic acid for UV-light stabilizer and even in synthetics caffeine, glycine, and vitamin and malonates production. This vast scope of application demands large amounts of monochloroacetic acid. The global monochloroacetic acid market is mainly driven by increasing demand for the production of carboxymethylcellulose, thioglycolic acid, and glycine. Significant amount of monochloroacetic acid is consumed for the production of CMC, also called as cellulose gel. Use of monochloroacetic acid imparts viscosity boosting and emulsion stabilization properties. Apart from these properties, use of MCAA in CMC production offers alteration of flow and texture of the product. Such attributes impel the use of CMC in the food & beverages industry for applications such as powdered drinks, alcoholic and non-alcoholic beverages, and ice-cream. CMC is also widely preferred over synthetic and natural glues, which is expected to drive its demand, and in turn is expected to increase the consumption of MCAA for CMC production. These factors are likely to boost the revenue growth of the global monochloroacetic acid market over the forecast period. Monochloroacetic acid is a basic raw material for the production of various herbicides and insecticides. Chlorpyrifos and triclopyr are widely used insecticides that are also derived from MCAA. However, the MCAA route to produce symtet generates significant amount of hazardous waste. Also, production facilities that are operated by the MCAA route face challenges such as high operation and maintenance costs that arise due to the corrosive nature of MCAA. Hence, symtet production by the MCAA route is a major challenge for producers operating in the global monochloroacetic acid market. Pharmaceutical, paper, textiles, personal care, food & beverages, oil & gas, and chemical industries are the primary drivers for the global monochloroacetic acid market. These rapidly growing industries, especially in China and India, will foresee huge industry growth in the coming years. Growing textiles industry on account of changing fashion trends, increasing population and purchasing power parity will further fuel the monochloroacetic acid market demand in future years. Rapid growth in the above-mentioned industries has made China a preferred destination for relocation of global manufacturing facilities. Furthermore, China and India are also agricultural economies and produces synthetic fibers, jute bags, cloth, and yarn. Presence of several such industries are resulting in greater monochloroacetic acid market demand in these countries. Growing population in emerging and change in fashion sense resulted in surge in demand for clothing and textile industry. This also expected to have positive impact on the overall market. Textile industry uses this acid as an intermediate for the fusion of indigo dyes. Betaine amphoteric surfactant which is a byproduct of monochloroacetic acid is used in the production of various hair products. Plastic industry uses monochloroacetic acid for processing PVC resins. Oil & gas industry includes this acid in drilling purposes, which requires carboxy methyl cellulose in bulk. Such diverse range of applications is expected to srive the overall monochloroacetic acid demand over the next seven years. However, volatile raw material prices may emerge as a major concern for the market growth. Ethanol which is one of the most important raw materials used in the production process of this acid is a petroleum product. Agrochemicals segment will witness growth with over 2% CAGR in the forecast period, the segment finds maximum usage in agriculture based economies such as India, China, and Brazil. The monochloroacetic acid market in these regions will grow at an exponential rate owing to high usage of agrochemicals for crop safety and soil fertility. Moreover, they also help to enhance the crop properties and give maximum yield to the farmers. These factors will drive the regional monochloroacetic acid market largely. Tags Manufacture of Monochloroacetic Acid, Monochloroacetic Acid Manufacturing Process, Monochloroacetic Acid Uses, Process for Preparing Monochloroacetic Acid, Monochloroacetic Acid, Chloroacetic Acid, Monochloroacetic Acid Production, Monochloroacetic Acid (Mca) Manufacturing Plant, Monochloroacetic Acid Production Process, Process for Production of Monochloroacetic Acid, Start MCA Production in India, Mono Chloro Acetic Acid, Monochloroacetic Acid Manufacture, Production of Chloroacetic Acid, Chemicals and Petrochemicals Industry Business Opportunities, Monochloroacetic Acid Market Opportunities, Production of Chloroacetic Acid, Mono Chloro Acetic Acid Plant, Process for Manufacturing Monochloroacetic Acid, Chloroacetic Acid Production, Chloroacetic Acid Manufacturing Business, Chloroacetic Acid (Monochloroacetic Acid), Monochloroacetic Acid Industry, Manufacture of MCAA (Monochloroacetic Acid), Monochloroacetic Acid Production project ideas, Projects on Small Scale Industries, Small scale industries projects ideas, Chloroacetic Acid Manufacturing Based Small Scale Industries Projects, Project profile on small scale industries, How to Start Chloroacetic Acid Manufacturing Industry in India, Monochloroacetic Acid Production Projects, New project profile on Chloroacetic Acid Manufacturing industries, Project Report on Chloroacetic Acid Manufacturing Industry, Detailed Project Report on Monochloroacetic Acid Production, Project Report on Chloroacetic Acid Manufacturing, Pre-Investment Feasibility Study on Monochloroacetic Acid Production, Techno-Economic feasibility study on Chloroacetic Acid Manufacturing, Feasibility report on Chloroacetic Acid Manufacturing, Free Project Profile on Monochloroacetic Acid Production, Project profile on Monochloroacetic Acid Production, Download free project profile on Monochloroacetic Acid Production, Startup Project for Chloroacetic Acid Manufacturing, Project report for bank loan, Project report for bank finance, Project report format for bank loan in excel, Excel Format of Project Report and CMA Data, Project Report Bank Loan Excel
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Production of Razor Blade (Double Edge)

Production of Razor Blade (Double Edge). Global Men's Grooming Market is estimated to be worth about 29.14 billion U.S. Dollars A razor blade is a blade used in a razor, typically a flat piece of metal with a sharp edge or edges used in a safety razor which is used to remove unwanted hair from the face or body. A razor is a bladed tool primarily used in the removal of unwanted body hair through the act of shaving. Kinds of razors include straight razors, disposable razor; the double-edged safety razor is a razor with a slant bar that can be used on both sides, with two open edges. The blade on the double-edged safety razor is slightly curved to allow for a smoother and cleaner shave. Indian men's grooming market will grow at a CAGR of 22% by 2020. This growth is mainly due to the rising need to look well groomed, increasing per capita income, and rapid urbanization. The demand for men's grooming market has seen a rise in the last few years because of increased consciousness of their looks among the male customer. Also as more than 50% of the population is under the age group of 30, the industry has huge local market. Moreover, rising urban middle class population, and improved distribution channels in tier II and tier III cities, are also expected to stimulate growth in the market through 2020. Men's grooming product can be divided into Bath & Shower products, Hair Care, Skin Care, Deodorants and Shaving products. Shaving products currently control the largest market share in terms of revenue in Indian men's grooming market. Indian shaving products market is expected to grow at a CAGR of 20% till 2020 and maintain its market share position even in 2020. India exported US$ 45.71 million worth of safety razor blades and the overall exported quantity was 4 million Kgs. in FY 2014-15. UAE, Singapore, Ghana, Nepal and Sudan were the top five nations importing Indian safety razor blades in 2014-15. India imported US$ 41.35 million worth of safety razor blades and the overall imported quantity was 1.30 million kgs. In FY 2014-15. Germany, China, Poland, Egypt and Mexico were the top five nations exporting safety razor blades to India in 2014-15. Indian men personal care market is moving beyond basic shaving products and demand for beard and skincare products is increasing among male consumers, said a few e-commerce companies today. "The men’s grooming market is going through a surge. The global Disposable Razor Blades Market valuation is expected to rise by 2025. The changing fashion trends and increasing emphasis on external appearances are expected to drive market demand from 2017 to 2025. Advances in razors and blades coupled with rising demand for female shaving products can bolster market growth from 2013 to 2025 (forecast period). Manufacturers in the industry are introducing blades with environment-friendly materials in order to provide a smooth shave. Blades are designed to be more flexible to cater to the contours of faces of men. Rise in disposable incomes of consumers and developments in blades can augur the market for disposable razor blades during the forecast period. Men’s grooming is expected to grow at a CAGR of 5% at constant 2016 prices over the forecast period, with sales set to reach INR105.5 billion in 2021. The expected continued strong performance of the Indian economy over the forecast period will help drive consumer income levels and spending. Consumers with increased disposable incomes over the forecast period are expected to shift from traditional blades to disposable razors and system razor sets. The worldwide disposable razor blades market is segmented by product, end user, and region. By products, the market is divided into single and double edge razor blades. End user segments in the market are categorized into male and female. Tags How to Start a Razor Blade Manufacturing Company, Double Edge Razor Blades, How Safety Razor is made, Shaving Razor Blade Manufacturing Project, Safety Razor Blades Industry, Razor Blade Production, Razor Blade Manufacturing Cost, Disposable Razor Manufacturing Process, Shaving Blade Manufacturing, Shaving Blade Manufacturing Plant, Shaving Blade Manufacture in India, Razor Blades Manufacture, Safety Double Edge Razor Blade Plan, Razor Blade Making, Manufacturing of Razor Blade, Razor Blade Company, Safety Razor, Disposable Razor Blades, Razor Blade Manufacturing Plant, How Double Edged Razor Blades are made? Razor Blade Manufacturing, Razor Production, Manufacture of Safety Razor Blades, How to Start a Razor Blade Manufacturing Industry, Disposable Razor, Disposable Razor Manufacture, Business Ideas to Start Manufacturing of Safety Razor, How to Start Razor Blade Manufacturing Business, How to Start a Razors & Razor Blades Business, Razor Blade Manufacturing Cost, Production of Razor Blade (Double Edge), Razor Blade (Double Edge) Production, Safety Razor Blade Industry, Razor Blade Factory, Razor Blade Manufacturing project ideas, Projects on Small Scale Industries, Small scale industries projects ideas, Razor Blade Manufacturing Based Small Scale Industries Projects, Project profile on small scale industries, How to Start Razor Blade Manufacturing Industry in India, Razor Blade Manufacturing Projects, New project profile on Razor Blade Manufacturing industries, Project Report on Razor Blade Manufacturing Industry, Detailed Project Report on Razor Blade (Double Edge) Production, Project Report on Razor Blade (Double Edge) Production, Men's Shaving Market, Pre-Investment Feasibility Study on Razor Blade (Double Edge) Production, Techno-Economic feasibility study on Razor Blade (Double Edge) Production, Feasibility report on Razor Blade (Double Edge) Production, Free Project Profile on Razor Blade (Double Edge) Production, Project profile on Razor Blade (Double Edge) Production, Download free project profile on Razor Blade (Double Edge) Production, Startup Project for Razor Blade (Double Edge) Production, Project report for bank loan, Project report for bank finance, Project report format for bank loan in excel, Excel Format of Project Report and CMA Data, Project Report Bank Loan Excel
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Auto Lamps (Auto Tail Lights)

Automatic headlamps are a modern convenience in many of today's cars. They eliminate the need for the driver to manually switch on or off the headlamps in most driving situations. The names of the automatic headlamp option differ between car manufacturers, but they perform the same service for the driver. A tail light or a tail lamp is the part of the lighting system of a vehicle which is attached in front and at the rear part of the vehicle. They usually come in pairs (left and right). It has different types for different functions. The signal lights, or turn lights, are parts of the tail lamp assembly. Usually yellow in color because of regulatory standards, these indicate whether the vehicle is going to turn right or left. They are also used during times of emergency. The reverse lights are also parts of the tail lamp assembly to indicate if the vehicle is backing up. The reverse lights automatically turn on when the driver puts the vehicle in reverse shift. These lights often have the highest illumination in the tail lamp assembly but not as bright as the head lights. India Automotive Lighting Market is expected to garner $3.1 billion by 2022, registering a CAGR of 5.6% from 2016-2022. Lighting is a vital component in automotive vehicles, playing an important role in automotive safety. The vehicle consists of different lights to increase the visibility in darkness and bad weather conditions along with the increase in conspicuity. The lighting system comprises lighting and signaling devices, which are placed at different locations such as front, rear, side, and interiors. Lighting provides illumination for the driver and helps other vehicle drivers and pedestrians on the road to detect the vehicle’s position, direction of movement, and size. It also enhances the aesthetic looks to both interior and exterior parts of the vehicle. The global automotive coatings market is projected to witness a CAGR of 6.31% during the forecast period to reach a total market size of US$21.006 billion by 2023, increasing from US$14.551 billion in 2017. Automotive coating enhances the appearance and durability of automotive and protecting from the harsh environmental condition including acid rain and extreme temperature. Increasing automobile production on account of population growth and rising income levels is expected to aid in market expansion.
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Piston Rings for IC Engines (Cast Iron)

A piston ring is an expandable split ring used to provide a seal between the piston an the cylinder wall. Piston rings are commonly made from cast iron. Cast iron retains the integrity of its original shape under heat, load, and other dynamic forces. The piston rings, which are also called as comparison rings are fit closely in the grooves provided in the piston. These rings are worn out before the wearing of the piston and cylinder wall. These rings form an effective seal and at the same time transmit heat from crown to the cylinder walls. Hence keep the temperature within the workable limit. There should be at least two piston rings in each piston of an internal combustion engine. For the higher capacity engines, there are four or even six piston rings have been used. The number of rings is depending upon the capacity and size of the I. C. Engine. In order to achieve the effective seal against lube oil and high-pressure gases leakage, a great pressure must be exerted, by each ring on the cylinder walls. Piston assembly is a heart of the IC engine. The piston assembly is composed of five basic components which are piston, piston rings, gudgeon pin, connecting rod and bearings. The piston in general is casted out of aluminium alloys and has the responsibility of take all rigorous forces. The piston is connected to crank through connecting rod pivoting around the gudgeon pin. The piston rings are split rings assembled into the grooves on the outer diameter of the piston. The piston rings is a combination of three rings serving specific purpose in running engine. The top most groove ring is known as compression ring or pressure ring which provide sealing above the piston and prevents the gas leakage from the combustion side. The second or intermediate ring act as lubrication control ring and provides enough lubrication to the compression ring and prevent scuffing. The third ring is known as oil ring or oil control ring, these rings controls the amount of lubricating oil passing up or down the cylinder walls. Also, the piston rings act as a medium to transfer heat generated while combustion and provide overall support to the piston in the cylinder. There are over 1.5 billion on road vehicles around the world which creates substantial aftermarket opportunities for the piston rings manufacturers. Also, over 110 million vehicle are produced annually among which over 70% are equipped with multi cylinder engines. The global automotive market is growth at a pace ranging between 3.5% - 4.5% annually. Growing automotive sales coupled with growth in population and affordability is anticipated to play a key role in the growth of global piston rings market. Also, piston rings are among the essential components which have the direct influence on the vehicle performance, engine power and efficiency, hence required frequent monitoring as they contribute to around 24% over all friction generated in the engine.
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Auto Head Light

A headlamp is a lamp attached to the front of a vehicle to light the road ahead. While it is common for the term headlight to be used interchangeably in informal discussion, headlamp is the term for the device itself, while headlight properly refers to the beam of light produced and distributed by the device. Automatic headlamps are a modern convenience in many of today's cars. They eliminate the need for the driver to manually switch on or off the headlamps in most driving situations. The names of the automatic headlamp option differ between car manufacturers, but they perform the same service for the driver. Their secondary features set one automatic headlamp option apart from the others. Basic automatic headlights work through sensors which detect how much light is there outside. These sensors are located on the dash of the vehicle mostly. The headlights turn on when the sensors detect a certain level of darkness (darkness means the level of light). The global automotive lighting market size was valued at USD 19.64 billion in 2014. Increasing production and sales of commercial vehicles across the globe are estimated to drive the demand over the forecast period. Technological advancements stimulating by rising concerns about vehicle safety and stringent government regulations are further expected to spur the demand. Additionally, growing population and increasing the purchasing power of consumers across the developing countries are projected to offer lucrative opportunities over the forecast period.
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Auto Head Light

A headlamp is a lamp attached to the front of a vehicle to light the road ahead. While it is common for the term headlight to be used interchangeably in informal discussion, headlamp is the term for the device itself, while headlight properly refers to the beam of light produced and distributed by the device. Automatic headlamps are a modern convenience in many of today's cars. They eliminate the need for the driver to manually switch on or off the headlamps in most driving situations. The names of the automatic headlamp option differ between car manufacturers, but they perform the same service for the driver. Their secondary features set one automatic headlamp option apart from the others. Basic automatic headlights work through sensors which detect how much light is there outside. These sensors are located on the dash of the vehicle mostly. The headlights turn on when the sensors detect a certain level of darkness (darkness means the level of light). The global automotive lighting market size was valued at USD 19.64 billion in 2014. Increasing production and sales of commercial vehicles across the globe are estimated to drive the demand over the forecast period. Technological advancements stimulating by rising concerns about vehicle safety and stringent government regulations are further expected to spur the demand. Additionally, growing population and increasing the purchasing power of consumers across the developing countries are projected to offer lucrative opportunities over the forecast period.
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