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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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Chocolate, Toffee and Candy Industry

The chocolate and confectionery products industry has traditionally been subject to significant fluctuations in demand.Chocolate is a key ingredient in many foods such as milk shakes, candy bars, cookies and cereals.Chocolates are the favourite item of children. Its primary feature is that it is solid at room temperature of 20 - 25 deg. C and yet melts rapidly in the mouth at 37 deg. C giving a liquid, which appears smooth to the tongue. It is expected that India chocolate industry will be growing at the CAGR 23% by volume between the years 2013-2018 and reach at 3,41,609 Tons.The dark chocolates are expected to account for the larger market share when compared to milk and white chocolates in the coming years.The India Chocolate market is expected to reach USD 5.01 billion by 2023.This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Barista Coffee Co. Ltd. • Baroda Agro Inds. Ltd. • Candico (I) Ltd. • Cocoa Products & Beverages Ltd. • Fresh & Honest Cafe Ltd. • Gandour India Food Processing Pvt. Ltd.
Plant capacity: Chocolate: 2000 Kgs./Day Toffee: 500 Kgs./Day Candy: 500Kgs./DayPlant & machinery: Rs.305 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1058 lakhs
Return: 26.00%Break even: 36.00%
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Residential Apartment

Residential Apartment is a part of Housing, which has encouraging scope or development. House is a very complex term.A standard residential building of bungalow type with has drawing room, dining room office room, guest room, kitchen room, store, pantry, dressing room, bathroom, front verandah, stairs etc., Housing finance companies (HFCs) have been significantly contributing to the industry’s growth. They have been at the forefront addressing financial needs of the segment at the base of the pyramid and have gained a significant market share in India’s mortgage market. If these trends are well leveraged, HFCs will continue to strengthen their market share through wider finance penetration and expanding reach in Tier II and III cities. Driven by these aspects the demand for affordable housing, loan disbursement is expected to record five-year CAGR of 17-18% to reach Rs 9 trillion by 2020-21.Entrepreneurs who invest in this project will be successful.
Plant capacity: 312 Nos./AnnumPlant & machinery: 00
Working capital: -T.C.I: Cost of Project: Rs 10676 lakhs
Return: 1.00%Break even: N/A
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Residential Apartment

Residential Apartment is a part of Housing, which has encouraging scope or development. House is a very complex term.A standard residential building of bungalow type with has drawing room, dining room office room, guest room, kitchen room, store, pantry, dressing room, bathroom, front verandah, stairs etc., Housing finance companies (HFCs) have been significantly contributing to the industry’s growth. They have been at the forefront addressing financial needs of the segment at the base of the pyramid and have gained a significant market share in India’s mortgage market. If these trends are well leveraged, HFCs will continue to strengthen their market share through wider finance penetration and expanding reach in Tier II and III cities. Driven by these aspects the demand for affordable housing, loan disbursement is expected to record five-year CAGR of 17-18% to reach Rs 9 trillion by 2020-21.Entrepreneurs who invest in this project will be successful.
Plant capacity: 312 Nos./AnnumPlant & machinery: 00
Working capital: -T.C.I: Cost of Project: Rs 10676 lakhs
Return: 1.00%Break even: N/A
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Cement Plant

Cement is the binder component of concrete, the glue that holds the filler together to create a uniform, strong material. The filler in concrete consists primarily of aggregate particles.Cement is a material with adhesive and cohesive properties which make it capable of bonding minerals fragments into a compact whole. It can be defined as any substance, which can join unite two or more pieces of some other substance together to form a unit mass. Cement demand is expected to increase by 5.0-5.5% y-o-y in FY18 on back of increased spends on roads and railways, push towards affordable housing by central government, materialization of pent-up demand, particularly in rural housing and low base. Cement demand is expected to reach 550-600 Million Tonnes Per Annum (MTPA) by 2025.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • A C C Ltd. • Adani Cements Ltd. • Ambuja Cements Ltd. • B R Cement Industry Ltd. • Bagalkot Cement &Inds. Ltd. • Bharathi Cement Corpn. Pvt. Ltd. • BhilaiJaypee Cement Ltd.
Plant capacity: Cement: 1000 MT/DayPlant & machinery: Rs. 1732 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 3952 lakhs
Return: 27.00%Break even: 57.00%
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Soft Gelatin Capsules

Soft gelatin (also called softgel or soft elastic) capsules consist of one piece hermetically-sealed soft shells. Soft gelatin capsules are prepared by adding a plasticizer, such as glycerin or polyhydric alcohol (e.g., sorbitol), to gelatin. The plasticizer makes gelatin elastic. Soft gelatin capsules come in various shapes such as spherical, elliptical, oblong, and special tube shapes with and without twist off. The demand of the soft gel capsules is increasing due to the available customization facilities for the molds and content as per customer needs.The Global Softgel Capsules Market is poised to grow at a CAGR of around 5.4% over the next decade to reach approximately $316.6 billion by 2025.Which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • C J Gelatine Products Ltd. • Fortcaps Healthcare Ltd. • Healthcaps India Ltd. • India Gelatine& Chemicals Ltd. • K P Gelatines& Chemicals India Ltd. • MarksansPharma Ltd. • Medgel Pvt. Ltd.
Plant capacity: Soft Gelatin Capsules: 3120000Nos./DayPlant & machinery: Rs. 649 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 10871 lakhs
Return: 35.00%Break even: 31.00%
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Bakery Products (Cake & Filled Croissants Puffs)

Bakery holds an important place in food processing industry and is a traditional activity.Bakery products, due to high nutrient value and affordability, are an item of huge consumption. Due to the rapid population rise, the rising foreign influence, the emergence of a female working population and the fluctuating eating habits of people, they have gained popularity among people, contributing significantly to the growth trajectory of the bakery industry. India is a major manufacturing house for bakery products and is the third- largest biscuit manufacturing country after USA and China. The Indian bakery market is valued at Rs. 3,295 crore and out of this, bread and biscuits hold 82% of the share. India’s organised bakery sector produces about 1.3 millions tonne of bakery products (out of three million tonnes) while the balance is produced by unorganised, small-scale local manufacturers. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • Ampro Products Ltd. • Anmol Industries Ltd. • Bakemans Industries Pvt. Ltd. • Bonn Nutrients Pvt. Ltd. • Britannia Industries Ltd. • Century Biscuits Ltd.
Plant capacity: Cakes (200 gm): 720000 Pcs./Day Filled Croissants Puffs (60 gm): 480000 Pcs./DayPlant & machinery: Rs.540 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 12913 lakhs
Return: 33.00%Break even: 35.00%
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Admixtures Plant (Water Retarding Admixtures for Concrete)

Water reducers, retarders, and super plasticizers are admixtures for concrete, which are added in order to reduce the water content in a mixture or to slow the setting rate of the concrete while retaining the flowing properties of a concrete mixture. Admixtures are used to modify the properties of concrete or mortar to make them more suitable to work by hand or for other purposes such as saving mechanical energy.. The use of WRA may accelerate or retard the initial setting time of concrete. Rate of concrete admixtures market growth is highly influenced by construction industry in developing economies and worldwide markets will hit $18.10 billion by 2020, at a CAGR of 9.15% between 2015 and 2020.The market size in terms of value of water retarding admixture is estimated to be USD 2.52 billion in 2015 and is projected to grow at a CAGR of about 8.16% between 2015 and 2020.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Bharat Chemicals & Fertilizers Ltd. • Fosroc Chemicals (India) Pvt. Ltd. • Hindustan Chemicals & Minerals Pvt. Ltd. • Particle Dynamics Pvt. Ltd. • Prism Johnson Ltd. • Thermax Ltd.
Plant capacity: Water Retarding Admixture for Concrete: 20 MT/DayPlant & machinery: Rs. 40 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 160 lakhs
Return: 30.00%Break even: 76.00%
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Calcium Bromide

Calcium bromide is the calcium salt of hydrobromic acid with the chemical formula of CaBr2. It is concentrated hygroscopic powder which will absorb water from the air. Calcium Bromide Powder dissolves in water and other brines, yield completion work over and packer fluids of densities upto 2.3 gm/ml (19.2 lb/gal).Calcium bromide is used as a component of drilling and completion fluids which are used to maximize the productivity of an oil well, to minimize site erosion of the well, and to aid in the shutdown of the well. The bromine derivatives market is pegged to be a high value market.The global bromine market was USD 2.47 billion in 2016 and is projected to reach USD 3.96 billion by 2022, at a CAGR of 8.4% between 2017 and 2022.This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Agrocel Industries Pvt. Ltd. • ChemconSpeciality Chemicals Pvt. Ltd. • Maruti Organics Ltd. • ModyChemiPharma Ltd.
Plant capacity: Calcium Bromide (Liquid 50%): 10000 MT/AnnumPlant & machinery: Rs. 247 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1337lakhs
Return: 29.00%Break even: 51.00%
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Ready Mixed Concrete. RMC Production

Ready Mixed Concrete. RMC Production. Ready-Mix Concrete (RMC) Manufacturing Plant. A Revolution in Production of Concrete Ready-mix concrete (RMC) is a mixture of cement, water, sand and aggregates. Manufacturing ready-mix concrete and delivering through a transit mixer enables the implementation of precise concrete in the construction project, making it sturdy, strong and long lasting. Ready-mix concrete is particularly advantageous when small quantities of concrete or intermittent placing of concrete are required. Ready-mixed concrete is also ideal for large jobs where space is limited and there is little room for a mixing plant and aggregate stockpiles. Ready mixed refers to concrete that is batched for delivery from a central plant instead of being mixed on the job site. Each batch of ready-mixed concrete is tailor-made according to the specifics of the contractor and is delivered to the contractor in a plastic condition, usually in the cylindrical trucks often known as "cement mixers." Ready mix concrete is sometimes preferred over on-site concrete mixing because of the volume it can produce with precision of proportion of mixtures and also due to reduced work site confusion. Using a pre-determined concrete mixture reduces flexibility, both in the supply chain and in the actual components of the concrete. Ready-mix concrete is also termed as the customized concrete products for commercial purpose. Ready-mix concrete (RMC) refers to concrete that is specifically manufactured for delivery to the customer’s construction site in a freshly mixed and plastic or unhardened state. Concrete itself is a mixture of Portland cement, water and aggregates comprising sand and gravel or crushed stone. In traditional work sites, each of these materials is procured separately and mixed in specified proportions at site to make concrete. Ready-mix concrete is bought and sold by volume – usually expressed in cubic meters (cubic yards in the US). Ready-mix concrete (RMC) market is extensively used for the construction of various infrastructure development applications which include residential and commercial buildings, airports, runways, ports, energy generation facilities, production plants, and roads. Uses of Ready Mix Concrete 1. Construction Ready mix concrete Cement and asphalt have long been staples in the construction industry, but ready-mix varieties have made major strides in improving strength and durability. This solution can be used to erect large buildings, bridges, and warehouses as it offers the quality, limited pollution, and cost-savings essential for large-scale projects. Because the concrete has been prepared before reaching the construction site, workers can focus on proper application methods rather than wasting time on mixture measurements. 2. Freeways Anyone who has driven on a freeway riddled with potholes knows the downfall of poor-quality concrete. Paving a freeway requires durable, long-lasting materials that will hold up against all weather and heavy traffic. Ready-mix concrete can be fine-tuned to endure harsh conditions and is renowned for its superior longevity, making it perfect for the demands of public streets and highways. 3. Eco-Friendliness The ingredients of concrete – water, aggregate and cement – are readily available and sourcing them has a lesser impact on the environment than when other building materials are used. Any leftover materials from the creation of the concrete can be reused or recycled, too. 4. Lower Maintenance Costs The resilience, strength and durability of concrete means that buildings constructed from it will remain in good condition for years on end. There may be some minor cosmetic maintenance required, but overall, concrete will maintain its condition for much longer than other materials, reducing the required expense for maintenance. Advantages of Ready-Mix Concrete Following are the advantages of ready-mix concrete: • Ready Mix Concrete (RMC) allows speedy construction through programmed delivery at site, mechanized operation with consequent economy. • RMC reduces the labour cost and site supervising cost. • RMC comes with consistency in quality through accurate & computerized control of sand aggregates and water as per mix designs. • Production of RMC helps in minimizing cement wastage due to bulk handling. • Production of RMC is relatively pollution free. • Reduced project time resulting in savings in all aspects. • Proper control and economy in use of raw material resulting in saving of natural resources. Market Survey The ready-mix concrete market is expected to witness a steady growth rate during the forecast period, 2018 - 2023. The growing number of infrastructure projects, including bridges, roads, dams, and airport expansion works, especially in developing nations is fueling the demand for ready-mix concrete. The global ready-mix concrete market is thus expected to witness high growth in the coming years. Some of the other reasons behind the growth of the market are high government spending on construction, manufacturing, and power plants, the growing population, and the trend of urbanization. Ready-mix concrete is a type of concrete that improves durability and sustainability. It is an easier option purchasing the raw materials individually and experimenting every time with handling and proportioning, is not involved. The global ready-mix concrete market is a very dynamic market and is expected to witness high growth over the forecast period. The global ready-mix concrete market has been segmented by production (on site and off site), by application (Commercial, Residential, Infrastructure, Industrial utilities) and by region (the Americas, Europe, Asia-Pacific and RoW). Increased construction of residential and commercial complexes is also expected to boost ready-mix demand during the coming years. Rapid population expansion, coupled with the infrastructural requirement in Saudi Arabia, has led the government to initiate several large-scale construction works in order to ease pressure on existing infrastructure, which, in turn, will spur the market growth over the forecast period. Growing population and increasing disposable income in China and India will drive the construction growth, which in turn, will spur the demand for RMC. Ready-mix concrete owing to their superior features are widely used in non-residential applications, such as in commercial, infrastructure, and industrial. India has even experienced significant interest from foreign investors in its infrastructural sector. RMC is being preferred over traditional concrete owing to ease of use, greater convenience, economy, and better quality. Furthermore, wastage reduction, low inventory costs, and efficient utilization will lead to the lowering of the overall project expenditures which in turn will augment the product demand over the upcoming years. The global ready-mix concrete market can be segmented on the basis of geography into Asia Pacific, North America, Europe, and the Rest of the World. In terms of geography, Asia Pacific accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. Asia Pacific will lead in the market owing to a growing number of new infrastructural projects in India, Singapore, China, and Thailand. Rapid industrialization and urbanization in these countries are behind the growth of the market in Asia Pacific. Some of the major factors responsible for the market’s growth in the region is the rapid industrialization, population growth, urbanization, and favorable government policies, availability of cheap resources and skilled workforce, and low operational and labor costs. On the other hand, it is expected that the introduction of new infrastructure construction projects will create a heightened demand for ready-mix concrete. This will ensure a continued growth of the market in the coming years. Growing population and increasing disposable income in China and India will drive residential construction growth which in turn will spur the demand for RMC. Moreover, establishment of manufacturing facilities and power plants to keep up with the growing demand for energy on a global scale will further stimulate the product requirement over the forecast period. Tags Ready Mix Concrete, Ready Mix Concrete Plant, Ready Mixed Concrete Mixing Plant, Ready Mix Concrete Plant in India, RMC Plant, Ready-Mix Concrete Batching Plant, Ready Mix Concrete Plant Cost, Ready Mix Concrete Project Report, Ready Mix Concrete Process, Ready Mix Concrete Pdf, RMC Plant Process, Properties of Ready Mix Concrete, Manufacturing of Concrete / Ready-Mix Concrete, Ready Mixed Concrete Industry, Concrete Batching Plant, Concrete Batching Plant, How to Start a Ready-Mixed Concrete Business, Ready Mixed Concrete (RMC), Ready Mix Concrete Business Plan, Ready Mix Concrete Plant Setup Cost, Ready Mixed Industry, Concrete Construction, How to Start a Small Concrete Business, Setting up a Ready-Mix Concrete Manufacturing, Production of Ready Mix Concrete (RMC), Cement Factory, Cement Manufacturing, Ready-Mix Concrete Manufacturing, Manufacturing Process of Cement, Ready Mix Concrete Batching Plant, Project Report on Cement Manufacturing Industry, Ready Mix Concrete Applications, Detailed Project Report on Ready Mix Concrete Plant, Project Report on Ready Mix Concrete Plant, Pre-Investment Feasibility Study on Ready Mix Concrete Plant, Techno-Economic feasibility study on Ready Mix Concrete Plant, Feasibility report on Ready Mix Concrete Plant Free Project Profile on Ready Mix Concrete Plant, Project profile on Ready Mix Concrete Plant, Download free project profile on Ready Mix Concrete Plant, Concrete Block & Ready Mix Concrete, Building Construction in India, Concrete Construction?, RMC Construction Cement Plant, Ready-Mixed Concrete Industry in India, RMC - A Revolution in Production of Concrete
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Tungsten Carbide Rod Manufacturing Industry

Tungsten Carbide Rod Manufacturing Industry. Attractive Opportunities in "Tungsten Carbide Rod Production" for Mining & Construction Industries Tungsten carbide, an important member of the class of inorganic compounds of carbon, used alone or with 6 to 20 percent of other metals to impart hardness to cast iron, cutting edges of saws and drills, and penetrating cores of armour-piercing projectiles. Tungsten carbide (WC) is an inorganic non-natural compound composed of tungsten (W) and carbon (C). Mono-tungsten carbide (WC), which is stable at room temperature, is of major technical relevance. Tungsten carbide rods, commonly used to make drill bits, PCB board micro-drill, mold thimble, die top, electrode rods, gong knife, textile industry shuttle, machine journal, machine axis and so on. Tungsten carbide rods include rods with the shapes of round, rectangular and square, solid rods and rods with one or more straight or coolants. The grades are mostly fine and super fine grain with high performance. Tungsten Carbide Rods are manufactured as standards with one, two, or three holes, straight or twisted to a 30 or 40 degree helix, or solid with no holes. All rods are available in standard lengths of 310 and 330 mm. Market Outlook Exports Exports of tungsten and alloys including scrap decreased drastically to 314 tonnes in 2015-16 from 475 tonnes in the previous year. Exports were mainly to Germany (25%), USA (20%), Sweden (10%), UK and Austria (8% each). In 2015-16, exports of tungsten ore & concentrates decreased drastically to only 1 tonne as against 175 tonnes in the preceding year. Exports were solely to Nepal (100%). In India, the entire demand can only be met by imports and recycling, as there is no indigenous production of tungsten concentrates. High content of WO3 in the tailing dumps of Kolar can be worked on priority basis to meet the demand. Tungsten carbide are used in various end use industries such as mining and construction, automobile, electronics, and defense among others. The growing demand from the developing region throughout the globe are the major factors driving the global market of tungsten carbide. The growing government investments in the infrastructural development coupled with the augmenting demand from the automobile sector are other factors contributing to the growth of the market. Among the various end-use industry mining and construction is the dominant segment and expected to show the same trend during the forecast years. The properties such as high tensile strength, corrosion and impact resistance, has increased the demand for tungsten carbide in the mining and construction industry. Tungsten carbide is one of these metal carbides and exhibits the aforementioned properties. It is produced by the reaction of tungsten hexachloride with methane or methanol, which is the source of carbon in the reaction. Tungsten carbide is an inorganic chemical compound, represented by the chemical formula WC and physically, it is in the form of a fine grey powder. The formation of tungsten carbide involves an equal number of carbon and tungsten atoms. In terms of properties, tungsten carbide is much stiffer than steel and denser than titanium. Its hardness is comparable with precious metals, such as ruby, sapphire and corundum. Owing to tungsten carbide’s high resistivity to abrasion, it is widely used in the manufacturing industry for cutting tools. The only drawback in the application of tungsten carbide is that it can decompose at high temperatures and separate into its initial form, i.e. as tungsten and a carbide. Tungsten carbides are progressively becoming a part of our daily lives and it is anticipated that their application will increase significantly in the coming future, as they are being produced in large quantities for usage in a diverse variety of products. Growing research & development activities to enhance growth in technology are anticipated to drive the tungsten carbide market, and furthermore support its application in ammunition, jewellery and others over the forecast period. Increasing high quality demand in end use industries is expected to drive demand for the tungsten carbide market during the forecast period. Superior properties of final finished products of tungsten carbide are expected to fuel demand for the tungsten carbide market in the future. Tungsten carbide has become a popular material in the manufacturing of jewellery, due to its high resistance to scratching and the hardness of the material. Despite these positive attributes, the tungsten carbide market is expected to be restrained by its relatively high cost when compared to other metal carbides. Tungsten carbide is a good replacement for uranium in the manufacturing of ammunition and in many other end use applications. Therefore, the lack of availability of uranium in some regions, and its severe ill effects on the human body is expected to create a significant opportunity for tungsten carbide manufactures. Tungsten Carbide (WC) Market Expected to Boost the Global Industry Growth in the Near Future. Growing end use industries such as automotive industries and increase in the demand of wear resistant materials is anticipated to boost the market of cemented carbide and ultimately will drive the global tungsten market. Tungsten has its application in electronic and electrical components such as electron emitters, lead-in wires and electrical contacts and these industries are forecasted to grow, leading to the increase in global tungsten market. The ability of tungsten to withstand arcing and resistant to corrosion makes it suitable to be used in voltage regulators, though demand of these application is minor but it still contributes in the global tungsten market. The global tungsten carbide market is segmented into grade type and end user industry. On the basis of grade the market is segmented into general purpose grade, metal foaming and wear grades, submicron grades, rotary drilling and mining grades, and corrosion resistant grades. On the basis of end user industry the global tungsten carbide market is segmented into mining and construction, oil and gas, electrical and electronics, automobiles, defense and others. Tags Tungsten Carbide Rod, Tungsten Carbide Rod Production, Manufacturing of Tungsten Carbide Rod, Manufacture of Tungsten Carbide Rod, Tungsten Carbide Rod Manufacture, Tungsten Carbide Products, Cemented Carbide Rods, Cemented Carbide Rod Manufacturing, How is Cemented Tungsten Carbide Rods Made? Process of Manufacturing Tungsten Carbide, Tungsten and Tungsten Carbide Rod, Tungsten Carbide Manufacturing Process, Tungsten Carbide Composite Rods, Tungsten Carbide Round Rod Manufacture, Project Report on Tungsten Carbide Rod Production Industry, Detailed Project Report on Tungsten Carbide Rod Production, Project Report on Tungsten Carbide Rod Production, Pre-Investment Feasibility Study on Tungsten Carbide Rod Production, Techno-Economic feasibility study on Tungsten Carbide Rod Production, Feasibility report on Tungsten Carbide Rod Production, Free Project Profile on Tungsten Carbide Rod Production, Project profile on Tungsten Carbide Rod Production, Download free project profile on Tungsten Carbide Rod Production, Welding rods
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Return: 1.00%Break even: N/A
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