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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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Paint Driers

Paint driers contain oxidizable or drying oil components that accelerate the curing of paint. The chemical compounds forming most driers are metallo-organics. Paint driers are classified into two type, primary driers and secondary driers. The global paint driers market is segmented on the basis of type, product, application, and geography. Based on type, the market is categorized into primary drier and secondary drier. The market segmented based on the product include liquid drier, oil paint drier, and others. By application, it is divided into paint & coatings, construction, and others.
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Return: 1.00%Break even: N/A
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Ramming Mass and Fire Bricks from Magnesite

Ramming Mass is used in the lining of induction furnaces. Quality of Acidic Ramming mass is directly related to the heating performance of the furnaces. Better quality of lining results in the smooth working of furnaces, optimum output and better metallurgical control. It is manufactured under strict supervision of qualified & experienced work force. Ramming Mass that has excellent all round fastness heat properties. Basic Ramming Mass is a magnesia based refractory lining material for induction furnaces. Basic Ramming Mass or Magnesia Ramming Mass is widely used in industries which work with high manganese steel and high chromium steel to make quality products. Basic Ramming Mass has much longer life span compared to acidic ramming mass or neutral ramming mass. The wide range of basic ramming masses are produced using a blend of indigenous Dead Burnt Magnesia and imported fused/sea water magnesia. Basic Ramming Masses find acceptance in coreless induction furnaces, EAF hearth, cold and hot steel launders. Fire brick, firebrick, or refractory brick is a block of refractory ceramic material used in lining furnaces, kilns, fireboxes, and fireplaces. A refractory brick is built primarily to withstand high temperature, but will also usually have a low thermal conductivity for greater energy efficiency. Firebricks are blocks of refractory ceramic materials used to line fireplaces, fire boxes and furnaces. They are different from regular masonry bricks because of their ability to withstand temperatures up to 1,800 degrees Fahrenheit. Usually dense firebricks are used in applications with extreme mechanical, chemical, or thermal stresses, such as the inside of a kiln or a furnace, which is subject to abrasion from wood, fluxing from ash or slag, and high temperatures. A fire brick, also called refractory brick, is a molded block of refractory ceramic material that has been baked and treated to withstand high temperature. Fire brick usually contains aluminum oxide and silicon dioxide. It is used in lining furnaces, kilns, fireboxes, and fireplaces. The global refractory bricks market is bifurcated on the basis of type, material, application and geography. On the basis of type, the market is classified as unshaped and shaped. The global market is bifurcated based on material as alumino-silicates, silicon carbides and ceramic bricks. The global refractory bricks market is also segmented based on application as furnaces, metallurgy, kilns, incinerators and others.
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Abrasive Grinding Wheel

The wheels are generally made from a composite material consisting of coarse-particle aggregate pressed and bonded together by a cementing matrix (called the bond in grinding wheel terminology) to form a solid, circular shape. Various profiles and cross sections are available depending on the intended usage for the wheel. They may also be made from a solid steel or aluminium disc with particles bonded to the surface. Today most grinding wheels are artificial composites made with artificial aggregates, but the history of grinding wheels began with natural composite stones, such as those used for millstones. Abrasive Grinding wheels are made of natural or synthetic abrasive minerals bonded together in a matrix to form a wheel. While such tools may be familiar to those with home workshops, the general public may not be aware of them because most have been developed and used by the manufacturing industry. In this sector, grinding wheels have been important for more than 150 years. As the grinding wheel applies forces to remove material from the work piece, the work piece applies resistance forces to the grinding wheel. Overtime, these forces lead to fracturing of abrasive grain from the bond in the case of vitrified and metal bond wheels. In the case of organic and resin bond wheels, new abrasive grains are released under heat. The resultant is a release of dull grains and exposure to the new sharp grain beneath it. Grinding wheel, the most important abrasive product, is involved in the manufacturing of machinery, electrical, electronic components, and automotive components. It is made of an abrasive grain, and is a self-sharpening cutting tool. The majorities of grinding wheels made have a vitreous, ceramic bond, and are made of clays and feldspars. Bonded abrasives, such as those in grinding wheels, are made up of grains that are held together by a fixative material can be used to cut-off and to grind on different hand-held machines, petrol saws, straight grinder, and angle & vertical grinder. Each product is designed to give a speed of cutting requirements, specific finish, and stock removal.
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Chalk Crayon Industry

Crayons are available at a range of prices and are easy to work with. They are less messy than most paints and markers, blunt (removing the risk of sharp points present when using a pencil or pen), typically nontoxic, and available in a wide variety of colors. These characteristics make them particularly good instruments for teaching small children to draw in addition to being used widely by student and professional artists.
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Dried Malted Beverage Food (Health Drink, Cocoa Beverages in Granules Form) Malted Health Drinks

Dried Malted Beverage Food Malt is made from malting grade cereals, usually barley or wheat, although occasionally other cereals such as rye may be used. Barley is usually the grain of choice for malting because it is bred specifically for the ability to process easily and generate a cascade of natural enzymes that are used in later processing to convert starch (flour) into sugars and proteins into amino acids, all of which are highly nutritious when used in brewing, distilling or food manufacture. Malt beverages have gained broad consumer preferences over the years as the key stakeholders are offering the variety of products. The malt beverage products provide functional health benefits promote wellbeing and indulgence. Malt beverage market is projected to grow at a CAGR of more than 10% for next five years. Increasingly health conscious consumers in India have increased the demand of the malt health drinks market. Malt extract has been used as a nutritional supplement, popularly known as malt health drinks. These are widely consumed as taste enhancers to encourage drinking of milk among growing children. Malt health drinks have mainly two types: white malt powder and brown malt powder. Brown malt powder is the dominant category in terms of value in the Indian malt health drinks market. It is expected that in forecast period market will grow with a CAGR of more than 10% from 2017-18 to 2022-23. The three most popular health energy drink brands are horlicks, bournvita and complan. All of them claim to enhance growth, provide added nutrition and even promoted as meal replacement option as they carry sufficient nutrition to compensate for a single meal.
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Fulvic Acid Production Business

Fulvic Acid Production Business. Biostimulant in Horticulture. Profitable Business Opportunities for Entrepreneurs Fulvic acid is the main component of humus which stimulates root growth in plants. Without adequate amounts of this component, plants can’t easily uptake water and minerals from the soil. Fulvic acid is an important naturally-occurring organic acid found in nutrition-rich humus the decomposed matter that forms a layer in the earth’s crust. Fulvic acid is a yellow-brown substances found in natural material such as shilajit, soil, peat, coal, and bodies of water such as streams or lakes. Fulvic acid is formed when plants and animals decompose. Fulvic acid serves as an indispensable vehicle for carrying vitamins and other nutrients to the proper places in our bodies. One single fulvic acid molecule is capable of transporting 60 or more minerals and trace elements directly into our cells. Fulvic acid is one of two classes of humic acidic, organic compounds found in the earth’s soils, rock sediments and bodies of water. Over the past several decades, we’ve learned a lot more about how humic substances found in dirt, including fulvic acid, can actually improve human gut health and therefore immune functions. While people used to obtain higher amounts of humic acids naturally from the soil, today they often turn to food-grade supplements to boost their nutrient intake and improve gut health. Fulvic Acid Benefits Fulvics, when in their proper form, provide the catalyst that allows vitamins, which is another CHO (Carbon, Hydrogen and Oxygen) molecule, to be utilized and are essential for 96% of all metabolic functions of the human body. Fulvics have the ability to complexation, chelating, buffering and pH effects. Without a Fulvic molecule active carbon and high molecular oxygen, vitamins and minerals are of little value. Fulvic acid benefits digestion and helps the body absorb nutrients from food. In a perfect world, our food would naturally contain high levels of fulvic minerals from the soil, but this is not usually the case with our modern food supply. Fulvic Acid so beneficial is that it is the most powerful natural electrolyte. Market Outlook The growing demand for organic produce is the key driving factor for the Fulvic Acid Market. In developed economies like North America and Western Europe, the rising awareness about harmful effects of synthetic agrochemicals & chemical fertilizers is driving the market for fulvic acid based products for soil. The government imposed regulations like Common Agricultural Policy of the European Union promotes the usage of bio-based resources in farming. In these regions, stringent regulations inhibiting usage of certain chemical fertilizers will drive the demand for fulvic acid as fertilizers. In other regions, the rising demand for food and pressure to achieve maximum output from the cultivable land will create opportunities for the fulvic acid based product in these markets. Fulvic acid also finds various applications in human medicines and supplements. Consumers’ affinity towards a healthier lifestyle is also expected to drive the market. Fulvic Acid market growth directly corresponds to the growing popularity of organic food products and organic farming. Agriculture application occupied more than 50% of the overall Fulvic acid industry share in 2016 and is set to record a CAGR of 12.5% over the period of 2016-2024. Apart from agriculture, Fulvic acid also finds application in dietary supplements, horticulture, ecological bioremediation, vertical farms, medicines, and residential gardening. Global Biostimulants Market The India biostimulants market is projected to witness a CAGR of 16.49% during the forecast period to reach a total market size of US$180.949 million by 2023, increasing from US$71.232 million in 2017. Biostimulants are organic materials which are used throughout the crop lifecycle so as to increase crop yield, improve the efficiency of water usage, and enhance the quality of crop among others. Increasing investment coupled with the need to improve yield per hectare will drive the demand for biostimulants in India. In addition, rising demand for organic food products will increase the demand for organic farming, which in turn will boost the demand for biostimulants. However, limited awareness regarding the potential benefits of biostimulants amongst farmers will restrict its growing demand over the forecast period. The global biostimulants market is set to exhibit a 12.8% CAGR from 2017 to 2025. The market revenue is thus evaluated to reach US$5.93 bn by 2025 end, rising US$20.05 bn in the year 2016. Biostimulants can boost product quality. Improved product quality means better profits for crop cultivators and nutritious & healthier foods for consumers. It helps to protect the soil and to enhance its quality. A healthy soil holds water more efficiently and is more resistant to erosion. Biostimulants may help to tackle some of the most important challenges that world agriculture may face in the future. A continuous increase in consumer demand has driven the growth in the biostimulants products market. The most important factors for increasing demand for biostimulants consumption are their organic origin, and environment friendliness. Biostimulants are considered as a boon for development of sustainable agriculture. Other important factors of biostimulants are crop specific and targeting particular feature of crop for development. Based on the type of product, the overall biostimulants market is segmented into microbial stimulant, amino acids, fulvic acids, humic acids, vitamins, seaweed and mineral among others. Amid these. The seaweed segment is expected to emerge as a winning product. Seaweed extracts are used on a large basis in a number of healthcare products. Also, the rising awareness toward using organic ingredients in products and the decline in use of chemical fertilizers is further fueling the seaweed segment growth. Increase in focus to increase crop productivity and quality drives the surging demand for biostimulant products in the market. Another significant factor influencing the market growth is the introduction of sustainable agriculture to protect the environment from adverse effects, especially in Europe and North America. However low awareness about the advantages of biostimulants in agricultural activities among the farmers impedes the market growth. Based on type, it is divided into acid-based, extract-based, and others. The acid-based biostimulant segment is further classified into humic acid, fulvic acid, and amino acid, whereas the extract-based biostimulant segment consists of seaweed extracts and other plant extracts (including B-vitamins, chitin & chitosan, and microbial soil amendments). Based on crop type, market is segmented into row crops & cereals, fruits & vegetables, turf & ornamentals, and other crops. Foliar, soil, and seed are the application segments considered in the study. The market is analyzed based on four regions, namely, North America, Europe, Asia-Pacific, and LAMEA. Europe is expected to dominate the global biostimulant market until 2023. Tags #Production_of_Fulvic_Acid, #Fulvic_Acid, #Fulvic_Acid_Manufacturing_Process, #Manufacturing_Process_of_Fulvic_Acid, #Fulvic_Acid_Production_Process, #How_to_Start_a_Fulvic_Acid_Manufacturing_Business, How to Make Fulvic Acid, Producing of Fulvic Acid, Fulvic Acid Manufacturing Process Pdf, Fulvic Acid Application, Fulvic Acid Manufacture, Project Report on Fulvic Acid Manufacturing Industry, #Detailed_Project_Report_on_Fulvic_Acid_Manufacturing, Project Report on Fulvic Acid Manufacturing, #Pre_Investment_Feasibility_Study_on_Fulvic_Acid_Manufacturing, Biostimulant, Production of Bio-Stimulant,Biostimulants Production, Biostimulant Manufacture, Uses of #Techno_Economic_feasibility_study_on_Fulvic_Acid_Manufacturing, Feasibility report on Fulvic Acid Manufacturing, #Free_Project_Profile_on_Fulvic_Acid_Manufacturing,Project profile on Fulvic Acid Manufacturing, Download free project profile on Fulvic Acid Manufacturing
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Return: 1.00%Break even: N/A
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Vacuum Thermo Flask

A vacuum flask (also known as a Dewar flask, Dewar bottle or thermos) is an insulating storage vessel that greatly lengthens the time over which its contents remain hotter or cooler than the flask's surroundings. Invented by Sir James Dewar in 1892, the vacuum flask consists of two flasks, placed one within the other and joined at the neck. The gap between the two flasks is partially evacuated of air, creating a near-vacuum which significantly reduces heat transfer by conduction or convection. Vacuum flasks are a bit like people in this respect: they like to keep things at steady temperatures. If you put hot drinks in them, they keep them hot; if you put cold drinks in them, they keep them cool. They're simple, neat, and effective—but how exactly do they work. A vacuum flask or Dewar flask has the remarkable capacity to hold extremely cold liquids like liquid nitrogen for a considerable length of time. The boiling point of liquid nitrogen is 77K compared to a room temperature of about 300K. Vacuum Flask Market has been substantially contributing to building out the global economy as well as global Vacuum Flask industry over the decades. Since previous years, global Vacuum Flask market has been streaming up with an exceptional financial outcome and it has the potential be one of the leading industries which is influencing even the niche marketplaces worldwide.
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Return: 1.00%Break even: N/A
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Electronic Energy Meter

An electricity meter, electric meter, electrical meter, or energy meter is a device that measures the amount of electric energy consumed by a residence, a business, or an electrically powered device. Electric utilities use electric meters installed at customers' premises for billing purposes. They are typically calibrated in billing units, the most common one being the kilowatt hour (kWh). They are usually read once each billing period. When energy savings during certain periods are desired, some meters may measure demand, the maximum use of power in some interval. "Time of day" metering allows electric rates to be changed during a day, to record usage during peak high-cost periods and off-peak, lower-cost, periods. Also, in some areas meters have relays for demand response load shedding during peak load periods. An Electronic Energy Meter (EEM) functionally outperforms the traditional Ferrari’s wheel meter. One important advantage of EEM is that in non linear loads, its metering is highly accurate and electronic measurement is more robust than that of the conventional mechanical meters. The Power companies benefits from EEM in three significant ways. With regards to the application segment, the residential segment is expected to constitute the fastest growing market from 2017 to 2022. The meters measure the electricity, water, and gas consumption and communicate this to the central utility system. Growing demand for renewable energy along with the need for effective transmission facilities will drive the smart electric meter market. The grid integration of clean energy sources to sustain the energy mix protocol coupled with favourable government norms to fortify the deployment of these units will positively influence the industry landscape. Growing environmental concerns along with the national renewable energy targets followed by respective nations will further drive the business outlook. Global smart commercial electricity meter market is anticipated to flourish at a CAGR of 8.5% over the forecast period. Further, smart commercial electricity meter market is driven by various factors such as growing awareness among the consumers regarding saving electricity and rising adoption of innovative technology by commercial sector to curb electricity expenses are envisioned to flourish the growth of smart commercial electricity meter market.
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Return: 1.00%Break even: N/A
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16 DPA (16-Dehydropregnenolone Acetate)

16-Dehydropregnenolone acetate (16-DPA) is a chemical compound used as an intermediate or synthon in the production of many semisynthetic steroids. As 7-ACA is for cephalosporins and 6-APA is for penicillins, 16-DPA is for steroids. While it is not easy to synthesize, it is a convenient intermediate which can be made from other more available materials, and which can then be modified to produce the desired target compound.
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Return: 1.00%Break even: N/A
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Linseed Oil Manufacturing

Linseed oil, also known as flaxseed oil or flax oil, is a colourless to yellowish oil obtained from the dried, ripened seeds of the flax plant (Linum usitatissimum). The oil is obtained by pressing, sometimes followed by solvent extraction. Linseed oil is a drying oil, meaning it can polymerize into a solid form. Owing to its polymer-forming properties, linseed oil can be used on its own or blended with combinations of other oils, resins or solvents as an impregnator, drying oil finish or varnish in wood finishing, as a pigment binder in oil paints, as a plasticizer and hardener in putty, and in the manufacture of linoleum. Linseed oil use has declined over the past several decades with increased availability of synthetic alkyd resins—which function similarly but resist yellowing. Linseed oil is the oil extracted from flax seeds. Now, you may be wondering that isn’t the oil from flax called flaxseed oil. Yes, that’s true. Both flaxseed oil and linseed oil start out from the same source – the flax seeds. However, the processing is quite different which leads to marked differences between these oils. Linseed oil is used for various industrial purposes and paint jobs whereas flaxseed oil is fit for human consumption. Linseed is rich in nutrition and fiber content along with vitamins and essential fatty acids, which increase its demand in the market in nutritional supplements industry. Increasing suppliers of flax are expected to drive the market over the coming years. Growing awareness regarding the use of flax oil for weight reduction, healthy hair, and dandruff removal is projected to propel the market growth. Linseed Oil Market size may witness strong gains over the projected timeframe owing to increasing application scope in food, pharmaceutical, and cosmetic industry. It is widely used in manufacturing of various products including paints, gliding, putty, floorings, wood finish, linoleum, nutritional supplement and processed food. Linseed oil market mightmay face substitute threats from increasing usage of synthetic alkyd resin. It causes eye and skin irritation when comes in contact and may hamper its adoption in childcare products, thereby hindering industry growth. Linseed oil is a colorless to yellow product obtained from ripened, dried seeds of flax plant and known as flaxseed oil. It can be produced by pressing or through solvent extraction process. Additionally, it polymerizes into solid form and used by blending with various resins, or solvents as impregnator.
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Return: 1.00%Break even: N/A
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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