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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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Super Speciality Hospital

This pre-feasibility report on Speciality/ Multi-speciality hospital consists of the feasibility detailing for three models of hospitals namely 30 beded Super speciality hospital.The Indian healthcare industry is divided into two segments - services and manufacturing. While the manufacturing segment consists of medical equipment manufacturing industry and pharma production, the services segment is basically split into direct services and indirect services. Hospitals, health insurance services and R&D services are considered as direct services, while third party insurance, claims settlement services and others, constitute the indirect services. The healthcare equipment sector attracted 8.8 per cent of the total investments in terms of deal value with an aggregate of US$ 249.01 million (20 deals), according to data released by VCCEdge. The hospital and diagnostics center in India received foreign direct investment (FDI) worth US$ 1,597.33 million, while drugs & pharmaceutical and medical & surgical appliances industry registered FDI worth US$ 10,318.17 million and US$ 622.99 million. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Adani Hospitals Mundra Pvt. Ltd. • Ahalia Healthcare Ltd. • Alchemist Hospitals Ltd. • Apollo Hospitals Enterprise Ltd. • B P Poddar Hospital & Medical Research Pvt. Ltd. • B S R Super Speciality Hospitals Ltd.
Plant capacity: Super Speciality Hospital: 30 beddedPlant & machinery: Rs. 113 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 978 lakhs
Return: 28.00%Break even: 61.00%
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Dehydrated Onion

Dehydration process appears to be a variation on the air-drying process and is based on the principle of vapor pressure differentials, using air circulated around the onions at relatively low temperatures to `sweat' the water from the food.Onion dehydration involves the use of a continuous operation, belt conveyor using fairly low temperature hot air from 38 - 104°C. The main advantages of dehydrated onions are that they are easy to store, being lighter in weight and smaller in bulk than fresh or other processed onions. Dehydrated onion products demand has sharply increased in India after prices of onion gained in domestic markets. According to dehydrated onion players, demand has almost doubled in past three months mainly for onion powder. The industry expects about 20,000 tonne consumption. India produces about 70,000-75,000 tonne of dehydrated onion every year. Out of it, nearly 15% is consumed within the country while the rest 85% is exported to Russia, Europe, Middle East and Africa, among others.The global market for dehydrated onions registered the revenue worth US$ 950 Mn in 2017, which is likely to reach in excess of US$ 1,500 Mn by the end of 2028.Future Market Insights expects the dehydrated onions market to observe stable growth at a promising CAGR of 4.8% over the 10-year assessment period, 2018-2028.Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Darshan Foods Pvt. Ltd. • Garlico Industries Ltd. • Kasaar Innovative Foods Ltd. • L M P Gujarat Agro Exports Ltd. • Meghmani Organics Ltd. • Orient Vegetexpo Ltd.
Plant capacity: Dehydrated Onion Sliced/Chopped: 300 MT/Annum Cattle Feed as by product: 210 MT/AnnumPlant & machinery: Rs. 69 lakhs
Working capital: -T.C.I: Cost of Project: Rs199 lakhs
Return: 27.00%Break even: 57.00%
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Thinners and Solvent Thinners(Blending and Bottling)

A thinner is a solvent used to thin oil-based paints or clean up after their use. Commercially, solvents labeled "Paint Thinner" are usually mineral spirit shaving a flash point at about 40°C (104°F).Solvent is a chemical, which liquefies in a chemically diverse solute to make a solution. Solvent can be in liquid form but is also available in gaseous and solid form. Used in Printing inks, paints, and coatings, pharmaceuticals, adhesives & cosmetics etc. Moderate growth is estimated for India solvents market during the forecast period 2016 to 2024, according to a report by Persistence Market Research (PMR). In terms of volume, sales of solvents in India reached 2,019,743.5 tons in 2016; by 2024 this number is expected to reach nearly 3,000,000 tons, expanding at 4.7% CAGR.India solvents market are projected to register highest CAGR through 2024.Which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • Asian Paints P P G Pvt. Ltd. • Faaber Paints Pvt. Ltd. • Mysore Paints & Varnish Ltd. • Noroo Bee Chemical India Pvt. Ltd.
Plant capacity: Thinner (1 Ltrs Size): 4000 Bottles/Day Solvent Thinner (1 Ltrs Size): 4000 Bottles/DayPlant & machinery: Rs 198 lakhs
Working capital: -T.C.I: Cost of Project: Rs395 lakhs
Return: 25.00%Break even: 56.00%
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M S Billets

Billets A semi-finished product obtained by forging, rolling or continuously casting, usually square (not exceeding 125 mm×125 mm in cross-section) with rounded corners or round (not exceeding 125 mm in diameter) and are intended for further processing into suitable finished product by forging or rerolling. Mild steel billets are used for mechanical engineering works such as manufacturing machines and their parts. Steel billets are used for production of plate, sheets, strips, rod etc. India is the ninth largest producer of crude steel in the world production of 33 million MT and investment of over Rs1,000 billion.Global steel demand will reach 1,616.1 MT in 2018, an increase of 1.8% over 2017 figures. In 2019, it is forecast that global steel demand will grow by 0.7% to reach 1,626.7 Mt.As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • GallanttIspat Ltd. • Ganga Iron & Steel Trading Co. Ltd. • Hi-Tech Power & Steel Ltd. • Jai BalajiInds. Ltd. • Kamachi Industries Ltd. • Rohit Iron & Steel (India) Pvt. Ltd.
Plant capacity: M.S. Billets (Size 80x80 mm to 140x140 mm): 180 MT/DayPlant & machinery: Rs. 1565 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 3343 lakhs
Return: 28.00%Break even: 63.00%
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Ferro Molybdenum

Ferromolybdenum alloys are principally produced commercially by thermite process by which ingots or buttons of the alloy can be produced. They impart special properties to steel. The alloys provide increased resistance to corrosion; improve hardness and tensile strength at high temperature, gives wear and abrasion resistance and increases creep strength, etc. Steel consumption is expected to grow at an average rate of 6.8 per cent to reach 104 MT by 2017 and steel production in India expected to go up to 200 MTPA by 2020. By volume, the market for Ferro manganese is predicted to expand at a 4.5% CAGR from 2014 to 2020.The growing demand for molybdenum bearings in the steel and chemical sectors is alleviating its prices. This is expected to benefit the molybdenum market to a great extent.This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Bhartia Bright & Seamless Steels Ltd. • Bhubaneswari Coal Mining Ltd. • Essel Mining &Inds. Ltd. • Hans Metals Ltd. • Hira Ferro Alloys Ltd. • Hydromet (India) Ltd.
Plant capacity: Ferro Molybdenum: 10 MT/DayPlant & machinery: Rs. 135 lakhs
Working capital: -T.C.I: Cost of Project: Rs776 lakhs
Return: 31.00%Break even: 68.00%
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Solar Power Plant

Solar power is one of the most promising renewables. It is reliable and less vulnerable to changes in seasonal weather patterns. Hydrogen, in the capacity of energy vector, is expected to be the optimum solution for intermittency and storage of energy produced by renewables.The basic work of Solar Power plant is to generate electricity from Solar Panels. Solar Panels generate DC (Direct Current) electricity from sunlight, Solar Inverter convert this power to AC (Alternative Current) and run your electrical home appliances and machines. The total installed capacity of solar power plants in India stands at 13.11 GW as of June 2017.The Indian government significantly expanded its solar plans, targeting US$100 billion of investment and 100 GW of solar capacity by 2022.The installed grid connected solar power capacity is 4,060.65 MW, and India expects to install an additional 10,000 MW by 2017 and a total of 100,000 MW by 2022.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Bhagyanagar India Ltd. • C P E C Ltd. • Central Electronics Ltd. • Environ Energy-Tech Services Ltd. • Epic Energy Ltd. • Gujarat Mineral Devp. Corpn. Ltd.
Plant capacity: Solar Power: 1 MWPlant & machinery: Rs. 411 lakhs
Working capital: -T.C.I: Cost of Project: Rs.811 lakhs
Return: 1.00%Break even: 1.00%
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Solar Panel

A solar panel is a collection of solar cells.Solar panel refers either to a photovoltaic module, a solar thermal energy panel, or to a set of solar photovoltaic (PV) modules electrically connected and mounted on a supporting structure. A PV module is a packaged, connected assembly of solar cells. Solar panels can be used as a component of a larger photovoltaic system to generate and supply electricity in commercial and residential applications.A single solar module can produce only a limited amount of power most installations contain multiple modules. A photovoltaic system typically includes a panel or an array of solar modules, an inverter, and sometimes a battery and/or solar tracker and interconnection wiring. India is poised for a big take off in the installation of solar energy. The JNNSM target of 20 GW of installation by 2022 and also proactive policies from states like Gujarat are the key drivers for the growth of the solar sector in India.As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Alectrona Energy Pvt. Ltd. • Bright Solar Ltd. • Emmvee Photovoltaic Power Pvt. Ltd. • Gautam Solar Pvt. Ltd. • H H V Solar Technologies Ltd. • Helios Photo Voltaic Ltd.
Plant capacity: Solar Panel: 25 MWPlant & machinery: Rs. 161 lakhs
Working capital: -T.C.I: Rs.804 lakhs
Return: 54.00%Break even: 28.00%
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Cold Storage

A cold storage is a temperature-controlled supply chain network, with storage and distribution activities carried out in a manner such that the temperature of a product is maintained in a specified range, needed to keep it fresh and edible for a much longer period than in normal ambient conditions. This system facilitates long distance transport of various products as well as makes seasonal products available over the entire year.Cold Storage is a special kind of room, the temperature of, which is kept very low with the help of machines and precision instruments. Chilling involves reducing food temperatures to below ambient temperatures, but above –1°C. Indian cold storage market is expected to grow at a CAGR of 16.09% by 2020 driven by the growth in the organized retail, Indian fast food market, and food processing industry. The cold storage market in India is highly fragmented with more than 3500 players in the unorganized sector and around 30 players in the organized sector. India currently has 6156 cold storage facilities across various states with total capacity of 28.68 MMT. Entrepreneurs who invest in this project will be successful.
Plant capacity: Cold Storage (Fruits, Vegetables, Pulses & Spices Store): 5000 MT Plant & machinery: Rs. 120 lakhs
Working capital: -T.C.I: Cost of Project: Rs665 lakhs
Return: 18.00%Break even: 54.00%
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Red Oxide Primer From Mill Scale

Red oxide primer is a specially formulated coating used as a base coat for ferrous metals. Red-oxide primer serves a similar purpose to interior wall primers in that it prepares metal for a topcoat, but it also gives iron and steel surfaces a layer of protection. A primer is composed of Red Oxide, solvents, resins, and various additives. The pigments give the primer color; solvents make it easier to apply; resins help it dry; and additives serve as everything from fillers to anti fungicidal agents. The Indian paint market will grow with a CAGR of around 14% during 2015-16 to 2019-20.The Indian paint industry has been growing at an average 15% per annum over the last decade. Growth has been consistent with the Indian GDP growth rate and in some years the industry has grown at a rate of 1.5 to 2 times higher than that of GDP growth. Construction remains the key growth sector and is driving demand for decorative and protective coatings.As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • Ashok Neel Mfrs. Pvt. Ltd. • Bajaj Superpack India Ltd. • Eskay Dye-Stuffs & Organic Chemicals Pvt. Ltd. • Futura Polyesters Ltd. • NirupSynchrome Ltd. • Omkar Industries Ltd.
Plant capacity: Red Oxide Primer (Each Packed in 20 Ltrs Container) : 1000 Packs/Day Red Oxide Primer (Each Packed in 5 Ltrs Container) : 4000 Packs/DayPlant & machinery: Rs. 292 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1016 lakhs
Return: 28.00%Break even: 56.00%
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Jute Shopping Bags

Jute fabrics are strong, durable, light, color fast, attractive and cheaper than most fabrics made from other fibers.There is very simple sewing machine and cutting machine required for making jute bags. There is very good demand of jute bags. Demand of jute bag is meet up by our own growth. Jute bags has very good export potentiality. Raw materials required for making jute bags are cotton threads and jute fiber cloth. It can be packed in the plain box and transport it. The global jute bag market reached a value of US$ 1.4 Billion in 2016, exhibiting a CAGR of around 11% during 2009-2016. The market is projected to reach a value of US$ 2.6 Billion by 2022.Indian jute carry and shopping bags exporters are shipping over millions of bags every year & trends show that the numbers are likely to keep rising rapidly. Sara International, one of the top jute bags manufacturers, which is taking advantage of this trend.As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • Agarpara Jute Mills Ltd. • Ambica Jute Mills Ltd. • Bally Jute Co. Ltd. • Calcutta Jute Mfg. Co. Ltd. • Caledonian Jute &Inds. Ltd. • Empire Jute Co. Ltd.
Plant capacity: Jute Shopping Bags: 2400Nos/DayPlant & machinery: Rs. 4 lakhs
Working capital: -T.C.I: Cost of Project : Rs. 22 lakhs
Return: 32.00%Break even: 82.00%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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