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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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Undergarments (Men and Women)

Undergarments or underwear are clothes worn under other clothes, often next to the skin. They keep outer garments from being soiled by bodily secretions and discharges, shape the body, and provide support for parts of it. In cold weather, long underwear sometimes is worn to provide additional warmth. The Indian apparel sector is expected to grow from 1,709 billion in 2010 to 4,700 billion by 2020E, representing a CAGR of 10.6%. Of this, the innerwear market currently valued at ~14,300 crore (in 2011) is expected to grow to 43,700 crore by 2020E, growing at a CAGR of 13.2%, outpacing the growth of the overall apparel market.As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • ArchanaSyntex Pvt. Ltd. • Bhandari Hosiery Exports Ltd. • Bodycare International Ltd. • Creative Casuals (India) Pvt. Ltd. • Dollar Industries Ltd. • Lovable Lingerie Ltd.
Plant capacity: Regular Silk & Cotton Panties: 1000 Pcs/Day Bikini Sets : 1000 Pcs/Day Brasseries (Wired): 1000 Pcs/Day Brasseries (Non Wired): 1000 Pcs/Day Briefs MenPlant & machinery: Rs. 165 lakhs
Working capital: -T.C.I: Cost of Project: Rs.462 lakhs
Return: 27.00%Break even: 61.00%
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Herbal Products (Amla, Triphala, and Tooth Powder) Herbal Pellet (Tablet) Herbal Oil (Hair Oil and Skin Oil)

Herbal products are medicines derived from plants. They are used as supplements to improve health and wellbeing, and may be used for other therapeutic purposes. Herbal products are available as tablets, capsules, powders, extracts, teas and so on.Herbal medicines are thought to be safe as it is natural, but in fact it can cause serious adverse effects and interaction with other drugs and supplements. An herb is a plant or plant part used for its scent, flavor, or therapeutic properties. Indian consumers are increasingly transitioning towards herbal and natural offerings, especially in analgesics, cold, cough and allergy (hay fever) remedies and dermatological.The demand for plant based medicines, health products, pharmaceuticals, food supplement, cosmetics etc are increasing in both developing and developed countries, due to the growing recognition that the natural products are non-toxic, have less side effects and easily available at affordable prices.This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Amrutanjan Health Care Ltd. • Aphali Pharmaceuticals Ltd. • Arjuna Natural Extracts Ltd. • Arya Vaidya Pharmacy (Coimbatore) Ltd. • Aura Nutraceuticals Ltd. • Ayurvedic Pharmaceutical Co. Ltd.
Plant capacity: Amla Powder (200 gms Per Pack): 1000 Packs/Day Triphala Powder (200 gms Per Pack): 1000 Packs/Day Tooth Powder (50 gms Per Pack): 4000 Packs/Day Tablets (50 NosPer Pack): 2000Packs/Day Hair Oil (200 ml Per Pack): 500 Packs/Day Skin Oil (20Plant & machinery: Rs.28 lakhs
Working capital: -T.C.I: Cost of Project: Rs.295 lakhs
Return: 31.00%Break even: 56.00%
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Aluminium Recycling Plant

Aluminium is 100% recyclable and experiences no loss of properties or quality during the recycling process. Recycling aluminium also uses only 5% of the energy used to create new aluminium and emits only 5% of the greenhouse gases. Aluminium accounts for 30% of India’s overall aluminium consumption of 3.3 million tonnes per year. In the past six years, secondary aluminium demand has almost doubled to 1.1 million tonnes, of which some 90% is imported. By 2021, demand is expected to reach 1.5 million tonnes. Ingots are very large casting products, greater in size and shape than blooms, billets and slabs.Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • AravaliInfrapower Ltd. • BalajiAluminium Alloys Pvt. Ltd. • Bharat Aluminium Co. Ltd. • Blue Precision Ltd. • Blue Prime Aluminium Ltd. • C M R Nikkei India Pvt. Ltd.
Plant capacity: Aluminium Ingots: 12 MT/DayPlant & machinery: Rs. 115 lakhs
Working capital: -T.C.I: Cost of Project : Rs.819 lakhs
Return: 28.00%Break even: 46.00%
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Prestressed Concrete Sleepers

Prestressed concrete is that in which internal stresses are introduced to such a magnitude and distribution that the tensile stresses resulting from the service laods are encountered to a desired degree. The prestresses are commonly introduced by tensioning the tensions.Concrete sleepers are one of the most important applications of a railway track system. The market size is projected to grow from USD 104.03 Billion in 2017 to USD 138.96 Billion by 2022, at an estimated CAGR of 5.96%.The global market of concrete sleepers market is estimated to be USD 4.93 Billion in 2017 and is projected to reach USD 6.22 Billion by 2022, at a CAGR of 4.7% from 2017 to 2022.As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • Alpine Housing Devp. Corpn. Ltd. • Bemco Sleepers Ltd. • Calcutta Springs Ltd. • Patil Cement Ltd. • Concrete Udyog Ltd. • Daya Concretes Pvt. Ltd.
Plant capacity: Prestressed Concrete Sleepers: 1000 Pcs./DayPlant & machinery: Rs.1516 lakhs
Working capital: -T.C.I: Cost of Project: Rs.3058 lakhs
Return: 28.00%Break even: 39.00%
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Poultry and Broiler Farming

Poultry farming is the raising of domesticated birds such as chickens, turkeys, ducks, and geese, for the purpose of farming meat or eggs for food. Poultry are farmed in great numbers with chickens being the most numerous.Poultry meat is an important source of high quality proteins, minerals and vitamins to balance the human diet. Specially developed varieties of chicken (broilers) are now available with the traits of quick growth and high feed conversion efficiency. Indian poultry sector has been growing at around 8-10% annually over the last decade with broiler meat volumes growing at more than 10% while table egg at 5-6% driven by increased domestic consumption. The production capacity has responded with increased integration and large scale implementation of contract poultry farming.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Agritech Hatcheries & Foods Ltd. • Amrit Hatcheries Pvt. Ltd. • Arambagh Hatcheries Ltd. • Arora Poultry Products Ltd. • Balkrishna Livestock Breeders Pvt. Ltd. • Bangalore Fort Farms Ltd.
Plant capacity: Layers: 300 Nos./Day Broilers: 300Nos./Day Eggs Tray (100 Eggs/Tray): 600Nos./DayPlant & machinery: Rs. 86 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 376 lakhs
Return: 27.00%Break even: 49.00%
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Liquid Urea-Formaldehyde Resin Manufacturing Industry

Liquid Urea-Formaldehyde Resin Manufacturing Industry. Urea-Formaldehyde (UF) Resins for Wood Urea-formaldehyde (UF) resin, one of the most important formaldehyde resin adhesives, is a polymeric condensation product of formaldehyde with urea, and being widely used for the manufacture of wood-based composite panels, such as plywood, particleboard, and fiberboard. In spite of its benefits such as fast curing, good performance in the panels (colorless), and lower cost; formaldehyde emission (FE) originated from either UF resin itself or composite products bonded by UF resins is considered a critical drawback as it affects human health particularly in indoor environment. Urea-formaldehyde resins are widely used in industry as binders for the production of bonded wood products, particularly particle board, plywood, and various fibreboards. Urea formaldehyde resin is a non-transparent, cross-linked thermoset resin or plastic obtained by chemical combination of urea and formaldehyde. It offers properties such as high tensile strength, flexural modulus, scratch resistance, high heat distortion temperature, low water absorption, mold shrinkage, high surface hardness, elongation at break, and volume resistance urea formaldehyde resins are used as adhesives in various end-use industries. Urea formaldehyde resin is a rigid odorless synthetic material that is used in electrical fittings, adhesives, laminates, and finishes for textiles. These resins are economically cost-effective than other resins such as phenol-formaldehyde resins. This makes it more popular among industries such as textiles, papers, and foundry. The urea formaldehyde resin market is expected to expand at a significant pace during the forecast period. Market Outlook The global urea formaldehyde resin market is expected to reach a value of $9.3 billion by 2019 and is projected to grow at a CAGR of 7.3% between 2014 and 2019. The global urea formaldehyde resin market is driven by the growing demand from furniture industry and increasing consumption by end use applications, such as plywood, medium density fiberboard, adhesives and coatings, and particle board. The urea formaldehyde market is a double-digit billion dollar industry and is expected to grow at very impressive rate during the forecast period. The UF resin are economically cost-effective in nature than other resin such as phenol-formaldehyde resins, thus making it more popular among industries such as textiles, papers, foundry etc. The automotive industry is one of the fastest growing industries in the world and is directly related to the UF resins industry. The rapid growth of the automotive industry, especially in the Asia-Pacific and the Middle East & Africa region, is driving the demand for UF resins, owing to its diverse and various applications. The consumption of resins has expanded constantly in the past decade and currently contributes a significant amount. The above factors is likely to have a deep impact on the global UF market in the coming years. Particle boards have largest market share globally due to the increase in the demand from the furniture industry. The advantages associated with particleboards, like easy availability, low cost, and excellent thermal property make them ideal for furniture manufacturing industry. Additionally, increasing perception in automobiles and consumer appliances industry is further favoring the market throughout the forecast period. Based on application, the urea formaldehyde resin market can be segmented into automobiles, electrical appliance, home appliances (furniture), agriculture, and others. Adhesives are used to glue wood together in industries that deal in textile, paper, foundry sand molds, wrinkle resistant fabrics, cotton blends, rayon, corduroy, etc. Urea formaldehyde resin glues are used in the aircraft industry for gluing plywood and wooden aircraft structures. It is also primarily used in electrical appliances for casing. Urea formaldehyde resin is used in agricultural field as a source of nitrogen fertilizer to increase the productivity of crops. Formaldehyde and its resins are used in various building construction materials such as pressed wood products. Urea formaldehyde is used as an adhesive in these construction materials. It is mixed while constructing home walls, which acts as an insulating agent. The global construction material market is expected grow during the forecast period. This growth is witnessed due to the growing government expenditure on infrastructure and expansion of commercial and real estate market. Therefore, as the demand for construction material is growing in the global market, the consumption of urea formaldehyde will also be accelerated during the forecast period. 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Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Water Soluble Fertilizer Manufacturing Industry

Water Soluble Fertilizer Manufacturing Industry. Water Soluble Fertilizer Blends Production for Drip Irrigation Systems Water soluble fertilizers are the type of fertilizers that are dissolved in water and applied to plants at the base or foliage throughout the growing season. The addition of fertilizer often leads to double or triple the yield. Ever growing demand for agricultural products is the major reason for growth in demand of water soluble fertilizers. The main advantage of water soluble fertilizer over other type of fertilizers is the more rapid impact, ease of use and easier coverage. Hence, water soluble fertilizer are witnessing rapid growth in demand. Water soluble fertilizers can also be applied more frequently than granular fertilizers, therefore can be used according to the need and availability. The growing awareness over organic farming may affect the use of water soluble fertilizer in future. Water-soluble fertilizer is a multi-compound fertilizer that can be dissolved in water, more easily absorbed by crops, its absorption and utilization is relatively high as compared to conventional chemical fertilizers. The fixed amount of nutrient available to the plants can be easily provided by the help of this fertilizer. The technology of this fertilizer is best suited for modern irrigation system. In addition to that, it also prevents ground water contamination. These above technological advancements differentiate water soluble fertilizers from the conventional chemical fertilizers. The usage of water-soluble fertilizer application is simple. As it is well suited in advanced irrigation technology, it not only saves water and fertilizer, but also saves labor cost. Furthermore, water-soluble fertilizer has fewer impurities, has low conductivity compared to chemical fertilizers and fertilizer concentration is easier to adjust. It is also a safe chemical option for young seedlings. The major drivers of the market are its wider applications of green house, government subsidies for adoption of this technology, economic incentives with Fertigation to reduce ground water consumption and rising demand for micro-irrigation systems. The major constraints for this market are the cost of that is higher as compare to other soil fertilizers and also its negative seasonal impact and requirement of high initial setup cost. Wide scope of micro irrigation system in Asia creates opportunities for the acceptance of water soluble fertilizers. Water soluble fertilizers are available both in powdered and liquid form and find high usage in the plantation, field, medicinal and aromatic crops. These products enhance the quality and quantity of food crops and protect plants from diseases and crop-damaging insects. Market Outlook India Water Soluble Fertilizers Market India water soluble fertilizers market stood at around $ 185 million in 2016 and is projected to grow at a CAGR of over 6% to surpass $ 356 million by 2027, on account of increasing popularity of complex water-soluble fertilizers and micronutrients in horticulture and ornamental crops. Moreover, high efficiency of fertilizers on foliar application methods and increasing trend of customized crop specific fertilizer solutions are further propelling the demand for water soluble fertilizers in India. Additionally, increasing acceptance of micro irrigation practices, high efficiency of water soluble fertilizers and increasing awareness among farmers is further expected to drive water soluble fertilizers market in India during the forecast period. Water soluble fertilizers (WSFs) offer a sustainable solution for farmers seeking to increase plant yield and reduce fertilizer usage in fields. With growing environmental concerns, WSFs are becoming more popular than chemical fertilizers, as they deliver better yield, provide nutrients in a controlled manner, protect soil against excess fertilizer dosing and are more economical. The market for water soluble fertilizers in India is benefitting majorly due to growing adoption of modern irrigation systems such as fertigation and foliar spray techniques by Indian farmers and rising demand for horticulture, ornamental and field crops in the country. Moreover, high efficiency of fertilizers on foliar application methods and increasing trend of customized crop specific fertilizer solutions are further propelling the demand for water soluble fertilizers in India. Additionally, increasing acceptance of micro irrigation practices, high efficiency of water soluble fertilizers and increasing awareness among farmers is further expected to drive water soluble fertilizers market in India during the forecast period. Global Water Soluble Fertilizers Market The global water soluble fertilizer market was valued at $12.52 billion in 2016 and is forecast to grow at a steady CAGR of 8.4% between 2017 and 2024, culminating in 2024 global revenue of $21.07 billion. Population expansion coupled with rising demand for food security in developing regions is anticipated to remain the primary driving factor for market growth over the forecast period. The global water soluble fertilizers market is segmented into product type such as nitrogenous, micronutrients, potassic and phosphatic. Among these segments, nitrogenous segment projected to grow at remarkable pace during the forecast period. Global water soluble fertilizers find application as chemical fertilizers in drip & sprinkler irrigation systems and also as foliar spray to augment yield and improve the quality of a variety of crops like oilseeds, tobacco, cereals, fruits, sugarcane, vegetables, pulses, cotton, tea etc. They are safe for use in nurseries and greenhouses as well. The increasing cost of traditional fertilizers eases application of water soluble fertilizers. Their increased availability and advancements in the mechanized irrigation systems are the major driving forces behind the increased demand and growing market of water soluble fertilizers. The global water-soluble fertilizers market is segmented on the basis of type as nitrogenous, phosphatic, potassic, micronutrients, bio fertilizers, and bio stimulants. Of which, nitrogenous fertilizer segment is dominating market as it plays a vital role in crop growth. Based on the application, the global is segmented as fertigation and foliar application. On the basis of crop type, the global water-soluble fertilizers market is further segmented as field, horticultural, and turf & ornamentals. There are multiple growth drivers for the water soluble fertilizer market. The exponential population growth in the Asia Pacific region would mean rising food and nutrition demands. More stomachs to fill and people to feed, is the most important driver for the growth of such fertilizers especially in developing countries like India, China, Bangladesh and others. Water soluble fertilizers are deemed as the traditional farming elements and thus developing countries which do not have strict environmental regulations are the biggest consumers of such fertilizers. On the basis of crop, water soluble fertilizers industry is segmented as turf & ornamentals, field crops and horticulture crops. Horticulture crops are anticipated to observe rapid growth over the forecast timeframe. Rising demand for fruits & vegetables due to increasing awareness about health benefits will primarily drive the market growth. Government initiatives and promotions on enhancements in crop productivity will further propel the industry demand. Based on type, water soluble fertilizer market is segmented into nitrogenous, micronutrients, potassium and phosphatic, out of which, nitrogenous and micronutrients segments are expected to dominate the overall market of water soluble fertilizer over the forecast period. Nitrogenous was the prominent segment in 2015 and accounted for 60.5% of the global volume share and is expected to witness growth on account of high application in oilseeds and grains. The product provides better texture and color to plants and thus increases the overall crop productivity. The main types of crops on which water-soluble fertilizers are used are field crops, horticultural crops, turfs & ornamentals and others, which include plantation crops and hydroponics. This market is an emerging field of global fertilizer market. This analysis gives an overall view on global water soluble market, which is growing rapidly due to the rising demand for micro irrigation systems. Its driving and restraining factors are strategically dealt and more emphasis is given towards its wide opportunity in agrarian countries. The global market is analyzed using Porter’s five force model which assists the stakeholders to understand the bargaining power of buyer as water soluble fertilizer is highly price sensitive. The water-soluble fertilizers market is expected to be highly fragmented with major players driving the growth through expansions, agreements, new product launches and acquisitions, to develop their position in the market. These strategies were followed by the industry participants to expand their global presence and enhance their product portfolio. 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Optical Fibre Manufacturing Industry

Optical Fibre Manufacturing Industry. Production of Fiber Optics The global fiber optics market is expected to reach USD 9.12 billion by 2025. An optical fiber is a transparent and flexible fiber made by drawing glass or plastic, which is used to transmit light. The optical fiber has wide usages in fiber-optic communications, where they allow transmission over longer distances and at higher bandwidths than wire cables. Fiber optics is technology that uses a medium for transmission of information as light oscillates along a glass or strand or fiber. Generally a fiber optic cable contains number of fiber strands. The glass fiber core is surrounded by a layer called cladding which is again protected by buffer tube. All these layers are finally protected by jacket layer. Computer Networking: is a common fiber optics use case, due to optical fiber's ability to transmit data and provide high bandwidth. Similarly, fiber optics is frequently used in broadcasting and electronics to provide better connections and performance. Military and space industries also make use of optical fiber as means of communication and signal transfer, in addition to its ability to provide temperature sensing. An optical fiber is used to transmit the laser light from the system to the point of use. Depending on beam quality, spot size and additional required features of the final fiber we can realize your design. Even custom tailored in small quantities. Market Outlook The Indian domestic Optical fibre market, during the past fiscal has grown tremendously and it is expected to be a USD 290.8 Mn by 2018, registering a growth at a CAGR of 12.5 %. The demand for optical fibre cables is poised to ride an upward growth curve with the emergence of next generation technologies. High speed high bandwidth backhaul is required for increasing data usage on the 3G platform and introduction of 4G services. The demand for Telecom Cables will gain a fillip as service providers upgrade this backhaul in their networks to accommodate and cater increasing smartphone and tablet penetration and thereby increase in demand of bandwidth to handle the increase in data traffic. Fiber optics have advantages such as increased bandwidth; electromagnetic interference immunity; decreased cost, size, and weight; low attenuation rate; electrical isolation; and data security. The Internet is a global system of connected devices. Fiber optics acts as the backbone of the Internet, as optical fiber cable is used as the medium for transmitting information from one point to another. The global fiber optics market is expected to reach USD 9.12 billion by 2025, according to a new report by Grand View Research, Inc. The growing necessity of data security in the military & aerospace sector has increased the growth and penetration of this technology. There is a huge demand for fiber optic connectors in the security sector owing to their bandwidth capabilities, inherent security, and protection against signal interference. The growing adoption of the optical technology in medical and aerospace arenas is anticipated to revolutionize the market by 2025. The global fiber optics market is growing with the rapid pace is mainly due to high bandwidth communication for long distance via optical fiber which is propelling the fiber optics market growth to the large extent. According to a recent study report published by the Market Research Future, The global market of fiber optics is booming and expected to gain prominence over the forecast period. The fiber optics industry presents promising growth prospects throughout the forecast period in view of a combination of factors namely increasing investments and research undertaken by prominent fiber optic cable manufacturers in the industry to develop and upgrade the fiber optics technology application arena. In addition, the growing awareness of the benefits of adopting the technology is further propelling market growth. The Fiber Optic market is mainly driven by the demand for Fiber Optic Cables worldwide for the high speed internet as the traditional wires are not able to meet the expectation. Growing countries which are adopting the new technology for high speed internet is creating huge demand for the Fiber Optic. Major opportunities in the market are the advances in technologies leading to an increase in the data transmission rate and factors & trends defining the telecommunications industry across the globe. Additionally, Fiber Optic empowers data transmission, attributing to which; augmented adoption of cloud computing, data transfer & storage, and IT is fuelling the extended use of Internet, eventually fostering the market growth of Fiber Optics market. Additionally, advanced Fiber Optic components such as optical connectors, adapters, optical assemblies, optical backplanes, optical circuitry, termination kits and tooling are fostering the market growth of Fiber Optics globally. Based on the application, the fiber optic market is divided into healthcare, telecom & broadband, cable television, defense, and private data networks among others. Telecom industry is seeing highest development in fiber optics market and is likely to maintain strong development in the years to come. The global optical fiber market is segmented based on types as: step indexed optical fiber and graded indexed optical fiber. On the basis of end-user optical fiber market can be further divided into Broadcast, IT & Telecom, and Industrial, Defense, Medical and Others. Tags #Manufacturing_of_Optical_Fibers, #Optical_Fiber, #How_Optical_Fiber_is_Made? #Production_of_Optical_Fibre, #Optical_Fibre_Manufacturing_Process, #Manufacture_of_Optical_Fibers, #Optical_Fiber_Production, Optical Fiber Manufacturing Process Pdf, Optical Fibre Manufacturing Process PPT, How to Make Optical Fiber, Optical Fiber Cable Manufacturing Unit, Optical Fiber Materials and Properties, Optical Fiber Production, Optical Fiber Manufacturing Business, Fiber Optical Manufacturing Plant, Project Report on Optical Fibre Manufacturing Industry, Detailed Project Report on Optical Fiber Production, #Project_Report_on_Optical_Fibre_Manufacturing, Pre-Investment Feasibility Study on Optical Fiber Production, #Techno_Economic_feasibility_study_on_Optical_Fiber_Production, #Feasibility_report_on_Optical_Fiber_Production, Free Project Profile on Optical Fibre Manufacturing, Project profile on Optical Fiber Production, Download free project profile on Optical Fiber Production, Fiber Optics, India Optical Fiber, Start a Fibre Optics Manufacturing Unit, Optical Fiber Production Process, Optical Fiber Manufacturing Cost
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Metal Coated Paper, Metallic Paper Sheets

By using metal-coated paper metallic sheet can be achieved. The effect comes in use for sophisticated boxes or bottle labels. On one side the paper has a shiny metal layer (e.g. silver or gold). This coating results a spectacular, glittering surface. The printed 4C colors are transparent. The gloss is perceptible on the whole surface of the print. Unwanted shine can be prevented with a white base print. Because of the white base print the colors look more vivid on the high-contrast print. Uses are many-faceted: high quality advertising, packaging (CD / DVD sleeve, Box), dirt cover (booklet, catalog), invitations, etc.
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Extruded Food (Kurkure Type)

Food extrusion is a form of extrusion used in food processing. It is a process by which a set of mixed ingredients are forced through an opening in a perforated plate or die with a design specific to the food, and is then cut to a specified size by blades. The machine which forces the mix through the die is an extruder, and the mix is known as the extrudate. The extruder consists of a large, rotating screw tightly fitting within a stationary barrel, at the end of which is the die. Extrusion processing has become an important food process in the manufacture of pasta, ready-to-eat cereals, snacks, pet foods, and textured vegetable protein (TVP). An extruder consists of tightly fitting screw rotating within a stationary barrel. Preground and conditioned ingredients enter the screw where they are conveyed, mixed, and heated by a variety of processes. The global extruded foods market is expected to grow significantly in the near future. Rapid growth of the processed food industry is expected to fuel the extruded foods market. The increasing investments in emerging economies create the growth opportunities for the manufacturers. On the other hand unpredictable factors, such as global climatic conditions affect the production of raw materials, which can hamper the growth of the extruded foods market. Extrusion cooking is an energy efficient means of preparing ready-to-eat food and snacks. It offers versatility in terms of ingredient selection and texture & shape of products that can be produced. Extrusion snack food products are prepared using a wide variety of ingredients such as corn, potatoes, tapioca, and others.
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