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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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Workshop for Motors of Low Voltage (Up-To 1000V) and Distribution Transformers (Maintenance, overhauls and repairs)

Maintenance of electrical equipment and the maintenance function in general, are key subjects today for managers of plants and facilities. One important reason for this interest is there are profound changes taking place in the area of maintenance and reliability management. Basically, sweeping changes in management and organizational structure are redefining how work gets done. The maintenance function was seen as a non-core service organization that did not contribute to competitiveness. Benchmarks for maintenance were isolated measurements of tasks - that is, task orientation rather than business goal orientation. New performance criteria for measuring maintenance will be focused on optimizing asset utilization, not maximizing asset utilization. Qualification and certification of electrical maintenance personnel are other factors that will become increasingly important. A number of electrical industry organizations got together recently and created a certification program for people involved in the installation and maintenance of instrumentation and control systems. To provide quality, fast and competitive service for all units, including smaller ones of 100 HP or less, we have dedicated teams of specialists who are inspired by Lean best practices. Indeed, the Multi-Tech Workshop works completely independently from other Services departments to carry out the operations necessary for the refurbishment of small electric motors. The growing requirement to improve and maintain the reliability of the electrical distribution equipment at office spaces, manufacturing facilities, and industrial facilities is propelling the demand for the electrical distribution services, globally. The electrical services market’s growth can also be attributed to the increasing focus on repair and maintenance of existing electrical equipment and fixtures across multiple industries. Fulfilling crucial parameters is critical to ensure the effective scheduling of electrical distribution equipment to avoid the operational downtimes. Based on power rating, the distribution transformer market has been segmented into power ratings ranging up to 500 kVA, 501 kV–2,500 kVA, 2,501 kVA–10,000 kVA, and above 10,000 kVA. The distribution transformers ranging from 2,501 kVA–10,000 kVA are widely used in industrial and commercial sectors due to high power consumption as compared to residential power consumption. The global distribution transformer market is anticipated to grow at a CAGR of 7.88% between 2020 and 2028, and is anticipated to generate revenue of $32.58 billion by 2028. The service transformers or distribution transformers (DTs) deliver the final voltage alteration in the electric power distribution arrangement. DTs are used to step down the voltage used in the distribution lines (usually up to 36 kV), to the level used by the customer (usually 250 up to 435 V). The oil-filled segment is expected to be the largest market for distribution transformer, as it is more efficient, having longer service life and features more reliable overload capabilities. In developing countries, oil-filled distribution transformers account for around 90% of the total distribution transformer units and 80% in developed countries. Few major players are as under Apex Electricals Ltd Current Electricals Ltd G E Power India Ltd. Hammond Power Solutions Pvt. Ltd. G M R Warora Energy Ltd. Diamond Power Infrastructure Ltd.
Plant capacity: Workshop for Motors & Distribution Transformer of Low Voltage (up to 1000V ) Maintenance, Overhauls and RepairsPlant & machinery: Rs 30 lakhs
Working capital: -T.C.I: Cost of Project: Rs 85 lakhs
Return: 27.00%Break even: 71.00%
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Methyl Ethyl Ketone (MEK)

MEK is a naturally occurring human metabolite, is present naturally in foods across all food groups, and is produced by microbes, algae, plants and other organisms.It is also released to the environment via anthropogenic production, where it primarily partitions to air.Its primary use is industrial, but it can also be found in consumer products, especially coatings and adhesives, and has minor use in the food industry as an extraction agent and flavoring agent. Methyl Ethyl Ketone (MEK),is an organic compound with theformulaCH3C(O)CH2CH3.This colorless liquid Ketone has a sharp, sweet odor reminiscent of butterscotch and acetone. It is produced industrially on a large scale, and also occurs in trace amounts in nature.It is soluble in water and is commonly used as an industrial solvent. MEK is used in surface coatings (55%), adhesives (12%), printing inks (4%), chemical intermediates (6%), magnetic tapes (5%) and lube oil dew axing agents (6%).MEK also is used as an extraction medium for fats, oils, waxes and resins.Methyl Ethyl Ketone is used as a solvent for lacquers, adhesives; for cleaning materials to be electroplated; for degreasing; in rubber and rubber cement, printing inks, paints, wood stains, varnishes and paint removers and in cleaning solutions; as a catalyst; and as a carrier. The future increase in demand of MEK in the country is expected from two levels. The first is from the growth of end users who are already using MEK. The second level is from the consumers who can use MEK but are using other solvents and are willing to switch over to MEK, once its easy availability is assured. In 2018, Asia is expected to account for nearly 70% of the total world consumption of MEK. Paints and coatings continue to consume the majority of MEK, and little change in the world MEK market breakdown is expected by 2023. Adhesives make up the second-largest share of the MEK market in 2018, and represent the largest and fastest-growing market in China, where consumption is largely for the manufacture of shoes. Global Methyl Ethyl Ketone Market size is forecasted to reach USD 3.64 billion against the volume of 1.9 Million Tonnes with a CAGR of 4.3 % by 2022. China, Western Europe, Japan and the United States are leading Consumer of MEK. It is projected that Asia Pacific region will drive the highest growth rate in the future as demand for MEK in this region is increasing at a fast pace with the development in end use. Increasing investments and development in automobile and infrastructure industries in China and India will further induce the consumption of MEK in the Asia Pacific region. Positive demand outlook for paints and coatings, adhesives, printing inks; on account of increasing construction spending, particularly in the Asia Pacific and the Middle East is expected to remain a key driving factor for the global MEK market. Methyl-Ethyl-Ketone (MEK) is a colorless and a harsh smelling carbon-based compound. It is commonly known as butanone. MEK characterized by outstanding chemical assets including low boiling point, high viscosity, high solvency, and high evaporation rate because of which it is used as a solvent across various applications. Few Indian major players are as under Adarsh Chemicals & Fertilisers Ltd. Arihant Chemicals Inds. Ltd. Cetex Petrochemicals Ltd. (2003) Exxonmobil Lubricants Pvt. Ltd. Mangalam Organics Ltd. Pon Pure Chemical India Pvt. Ltd. Prasol Chemicals Pvt. Ltd.
Plant capacity: Methyl Ethyl Ketone: 40 MT / dayPlant & machinery: Rs 946 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1814 lakhs
Return: 27.00%Break even: 53.00%
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Kraft Paper

Kraft paper is paper produced from chemical pulp produced in the kraft process. Sack kraft paper, or just sack paper, is a porous kraft paper with high elasticity and high tear resistance, designed for packaging products with high demands for strength and durability. Pulp produced by the kraft process is stronger than that made by other pulping processes; acidic sulfite processes degrade cellulose more, leading to weaker fibers, and mechanical pulping processes leave most of the lignin with the fibers, whereas kraft pulping removes most of the lignin present originally in the wood. Paper is one of the core industries and is linked to the basic human needs. Paper is the pre-requisite for education and literacy and its use is an index of advancement in these two fields as well as the overall well-being of the society. Paper and paper board can be manufactured by using different types of raw materials. Raw materials account for 45-50 per cent of the total cost of production and form an important segment of manufacturing paper and paper board. Of the total installed capacity, 43 per cent is dependent on forest based raw materials, 28 per cent on agro based raw materials and the remaining 29 per cent on other materials including waste paper. Indian Paper Industry which is over 100 years old, was saddled with many constraints, not of its own making, which have prevented it from growing to its full stature. Of late, due to spurt in demand for paper in the context of availability of good raw materials modernization efforts are being undertaken. Profitable margins being good, it has shown good signs of progress. Paper is designated as a core industry. India’s per capita consumption is a meagre 2.9 kg against 334 kg in U.S., 224 kg in Japan and 134 kg in Taiwan. Even within the Asian bloc, China has an impressive 12 kg per capita; the Philippines 8.5 kg and Thailand 17 kg, Malaysia (31), Korea (80), New Zealand (150), Singapore (80), Hong Kong (140), Australia (150) are other countries in the Asia-Pacific region which are significantly ahead in paper consumption. The world consumption of paper and paperboard is estimated at over 300 mntonne a year. It is constituted broadly of 30% of cultural papers (writing and printing), 14% of newsprint, and the balance of kraft and packaging paper including paperboards. The Indian production is about 2 to 3% of the global total. The overall value of the market is estimated at Rs. 250 bn. In volume terms, the segment is presently estimated at over 6.9 mntonne. In India, the cultural varieties account for over 40% of the production and speciality papers including coated papers for about 8%. This leaves about less than half for kraft and boards if the newsprint varieties are excluded. The newsprint takes over a mntonne or about 15% of the total. The present demand is estimated at 13.1 million tonnes with domestic production of 11.4 million tonnes, export of 0.5 million tonnes and import of 2.2 million tonnes. The demand is projected to boost to 23.5 million tonnes by 2024- 25. India is the greatest growing market for paper in the world with a growth rate of about 6 percent yearly. The increase of per capita paper utilization by one kg will raise the demand by about 1.25 million tonnes per annum. India has become self-sufficient in paper except for special varieties such as high quality bond paper and newsprint. The industry has progressed in the sense that dependence on wood-based raw material has come down to approximately 40%. Bagasse (about 33%) and waste paper (over 27%) now constitute more than 60% of the raw material base. Thus, the overall market prospectus for paper products appears to be good and the demand for industrial paper is expected to grow at faster rate than general paper industries growth. A Greenfield project based on wood pulp with a capacity of 100,000 tonne is estimated to require about Rs. 10 bn of capital expenditure. The paper industry depends on farmers for sourcing raw materials, and requires about 2 MN ha from the countries 32 MN hectares of degraded forests. The real worry to domestic production is that 70% of global recycled paper is being shipped in by Chinese companies. Few Indian major players are as under Achal Paper Inds. Ltd. Agrashakti Paper Mills Pvt. Ltd. Aryan Paper Mills Ltd. Bazargaon Paper & Pulp Mills Pvt. Ltd. Best Paper Mills Pvt. Ltd. Dev Priya Papers Pvt. Ltd. Fiesta Papers Pvt. Ltd.
Plant capacity: Kraft Paper: 200 MT / dayPlant & machinery: Rs 109 lakhs
Working capital: -T.C.I: Cost of Project: Rs 2864 lakhs
Return: 28.00%Break even: 55.00%
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Downhole Seals used for Oil and Gas Industry from Synthetic Rubber

Downhole tools helps in minimizing the cost involved in performing oil recovery related activities from an oil well and helps in improving the life of an oil well and thus, improving the continuous flow of fluid. These tools performs various operations such as fishing of any leftover equipment/tool in the borehole, repairing & performing any cementing and well casing operations, well measurement, creating fracs in the reservoir bed, etc. The primary purpose of using down whole tools is to carryout work over operations and well completion process as well as examining the reservoir properties such as rock, sand, liquid by bringing their sample on the well surface. They are mostly used during extreme temperatures and pressure conditions. There are many types of down hole tools that are used to conduct well activities such as slick line tools & equipment, wire line tools & equipment, example, drilling jars, fishing tools, pushing tools, drill pipes, tubular tools, centralizers, etc. Down hole Tools are pieces of oilfield equipment that are used during well drilling, completion and intervention or well work over activities and helps the oil well in optimizing the production levels and maintain a continuous flow from a reservoir. The global oilfield consumables market is segmented on the basis of geography. North America including the U.S and Canada and Mexico have the highest share of oilfield consumables market. Europe, Latin America and Middle East including Russia, Germany, U.K, Ukraine, Argentina, Saudi Arabia, Iran and Algeria also have a huge market for oilfield consumables. Asia Pacific has a large potential market for oilfield consumables. Asia Pacific market for oilfield consumables has grown enormously in recent years. Countries such as Australia, China, India, Kazakhstan, and Indonesia have given a huge boost to oilfield consumables market. The drivers for oilfield consumables market includes the increasing demand for energy and discovery of new oil & gas reserves around the globe. In recent years, oil & gas production has increased enormously worldwide. New energy sources and advanced drilling technology will further bolster the demand for oilfield consumables. The oilfield services market is expected to grow at a CAGR of over 3% during the forecast period of 2020 – 2025. Factors such as increase in demand for advanced technology, tools and equipment to increase efficiency of exploration and production activities in onshore and offshore areas is expected to drive the market for oilfield services. However, the volatile oil prices over the recent period, owing to the supply-demand gap, geopolitics and several other factors has been restraining the growth in the demand for oilfield services market. The growing demand for refinery products is also likely to boost the oil & gas production in the region in the long term. The increasing need for crude oil and natural gas in China, Russia, and Saudi Arabia is estimated to provide an impetus to onshore projects in the coming years. Few Indian major players are as under Super Seals India Ltd. Sigma Freudenberg Nok Pvt. Ltd. Sankar Sealing Systems Pvt. Ltd. Rubber Products Ltd Proseal Closures Ltd. Hi Tech Arai Pvt. Ltd. Halliburton Oil Field Services (India) Ltd.
Plant capacity: Downhole Seals (1-1/4" Swab Cup (100g each): 24,000 Pcs. / dayPlant & machinery: Rs 70 lakhs
Working capital: -T.C.I: Cost of Project: Rs 506 lakhs
Return: 33.00%Break even: 54.00%
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Aluminium Ingots from Aluminium Scrap

Ingots are very large casting products, greater in size and shape than blooms, billets and slabs. Ingot generally has rectangular/square cross section, but it is not necessary that it should be uniform throughout its length. (Ingot may have variable cross section.) Aluminium Alloy Ingots Like LM-2, LM-4, LM-6 which are commonly used in Gravity and Sand Casting, Pressure Die Casting Alloys like LM-13, LM-14, LM-24, ADC-12, ALSI-132 etc. are also being manufactured as per the Indian and International standards. India's share in world aluminium market is estimated at around 3%. India ranks fifth in bauxite production after Australia (62 mntonnes), Guinea (17.50 mntonne), Brazil (16.20 mntonne) and China (10.75 mntonnes). With a total output of 9.25 mntonnes, the country contributes about 6% of the world's total production of 159 mntonnes, India holds the fifth position in reserves base and is ahead of China with 2300 mntonnes. India ranked seventh in alumina production with a total output of 3 mntonnes, a share of nearly 5% of the global production of 61 mntonnes. The per capita consumption of aluminium in India continues to remain abysmally low at under 1 kg as against nearly 25 to 30 kg in the US and Europe, 15 kg in Japan, 10 kg in Taiwan and 3 kg in China. Aluminium has a wide range of applications, from aircraft building to packaging, a major consumer being the electrical industry. The two sectors, electricity and transportation, account for more than half of the total off take. The key consumer industries in India are power, transportation, consumer durables, packaging and construction. Of this, power is the biggest consumer (about 44% of total) followed by infrastructure (17%) and transportation (about 10% to 12%). In the transportation sector, aluminium is used for paneling, floors and windows. So far, it is not used for structural parts and bodies of automobiles. An Indian car uses only about 54 kg of aluminium against a global average of 100 to 110 kg. This sets the high potential for growth with the increase in the automobile sector. Aluminium ingots constitutes 25 to 30% of the total aluminium consumed in India. The market for aluminium ingots in India has been growing at around 12% per annum during the last few years. Jindal Aluminum and Hidalgo are the largest players in the Extrusion segment with combined market share of 30%. Other than FRP and Extrusion, Castings is one large segment which primarily serves the automotive market and mostly uses Aluminum in the Scrap form Few Indian major players are as under Nealex Alloys Pvt. Ltd. Namo Alloys Pvt. Ltd. Indo Alusys Inds. Ltd. Gravita India Ltd. Bothra Metals & Alloys Ltd. Baheti Metal & Ferro Alloys Ltd Aravali Infrapower Ltd.
Plant capacity: Aluminium Alloy Ingots: 40 MT / day Aluminium Scrap: 0.67 MT / dayPlant & machinery: Rs 196 lakhs
Working capital: -T.C.I: Cost of Project: Rs 702 lakhs
Return: 31.00%Break even: 64.00%
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Aluminium Cans for Beer and Beverages

The aluminium beverage can is now the popular choice for carbonated and still soft drinks, mineral waters, beers and lagers. It competes successfully against drinks containers of glass, plastic and steel, and is the only drinks container for which closed loop recycling applies; a used aluminium drinks can is recycled back into aluminium can sheet for the manufacture of another aluminium drinks can. The good thermal properties of aluminium mean that the drinks can is quickly chilled. It has good rigidity and strength without the grave disadvantages of a glass bottle, of being fragile and dangerous when broken and much heavier than and aluminium can. It is lighter than steel and even a steel beverage can relies on aluminium for the top of the can since the better control on gauge and properties of aluminium mean that the easy open end of the can only be made in aluminium. The range of beverage cans includes the standard beverage can with a 206 mm diameter end, and current machine conversions also allow for the production of a 202 mm diameter end. Can sizes include 330 ml, 355 ml and 375 ml Aluminium cans provide long-term food quality preservation benefits. Aluminium cans deliver 100 percent protection against oxygen, light, moisture and other contaminants. They do not rust, are resistant to corrosion and provide one of the longest shelf lives of any type of packaging. Aluminium-based food canning has an unparalleled safety record. Tamper-resistant and tamper-evident packaging provides consumers with peace of mind that their products have been safely prepared and delivered. A vast variety of products are packaged using aluminium in addition to food and beverages: aerosol products, paint and thousands of other items in the consumer products market. The can packaging market for food and beverage segment includes 2-pc (piece) and 3-pc cans of tin and aluminium both. Can packaging forms about 5% of the country's Rs 60,000 crore packaging industry. The overall packaging industry in India is growing at 5-6% year-on-year; however, the 2-pc beverage can market is growing at 10% year-on-year. With the 'can' being eco-friendly, its great barrier properties, superior shelf life and attractiveness make it apt for the Indian market, which demands and requires packaging with value addition. India is expected to consume around 2.7 million tons of aluminium, a small fraction of the 65.5 million tons of estimated global demand, but while industry estimates peg global aluminium consumption growth at 4%-6% annually, India's consumption of the metal should grow at a rate of 11%-12%. An aluminum beverage can refer to 2-piece and 3-piece packaging containers commonly employed for packaging of products such as soft drinks, alcoholic beverages, and energy and sports drinks. Advantages of aluminum over substitutes such as steel or tinplate include lightweight, ease of use, cost competitiveness, and superior visual appeal. Furthermore, aluminum cans can be recycled endlessly without loss of quality or strength. Use of recycled material in the production of new cans employs 95.0% less energy as compared to that of aluminum can production from virgin materials. The India aluminum beverage can market size is projected to reach USD 457.4 million by 2025 at a CAGR of 10.7%. The global beverage cans market is anticipated to expand at a rapid pace due to the increase in demand for aerated drinks and rise in consumption of packaged juices. Consumers are adopting healthier lifestyle, which in turn is propelling the demand for beverage cans for vegetables and fruits juices and caffeine-based drinks such as coffee and iced tea. Moreover, the expansion of the beverage cans market can be attributed to the rise in consumption of alcoholic beverages, such as beer and cider, which need to be cooled at specific temperatures to improve their taste. However, fluctuations in raw material prices and complexities in the manufacture of steel beverage cans are expected to restrain the beverage cans market. Innovation in design shape and recapping of beverage cans are anticipated to create opportunities in the market. The global beverage cans market can be segmented based on material, application, and region. In terms of material, the beverage cans market can be categorized into plastic, aluminum, and steel. The aluminum segment is anticipate to hold a major market share of the market owing to its lightweight, high recyclable rate with easy fabrication process, and extensive use in the beverage industry. Moreover, it is easy and convenient to package aluminum cans, as aluminum can be molded in innovative shapes and sizes. Based on application, the beverage cans market can be bifurcated into alcoholic beverages and non-alcoholic beverages. The non-alcoholic beverages segment is projected to account for a major share of the beverage cans market, due to rise in disposable income and increase in temperature, which increases the consumption of soft drinks and juices. The Global Beverage Cans Market is projected to grow at a CAGR of 2.9% from USD 25.68 billion in 2019 to USD 32.53 billion in 2027. The increased recyclability of aluminum, increasing popularity of energy & sports drinks, health concern regarding the usage of plastics, and high molding and lightweight properties of metals used are the major drivers for the market. Growing health concerns associated with the use of plastics containers is also a key factor influencing market growth. Many beverages are packaged in plastic containers in the U.S. (Plastic Industry Association, U.S.). However, pressure from environmental lobby groups and Government agencies is being felt by many can manufacturers, who are being bounded to reduce the consumption of plastics. Water and carbonated drinks are usually bottled in Polyethylene Terephthalate (PET) bottles. As bans on plastic packaging gains momentum across the U.S., manufacturers, and sellers are turning towards other available options. Few Indian major players are as under Ball Aerocan India Pvt. Ltd. Ball Beverage Packaging (India) Pvt. Ltd. Can-Pack India Pvt. Ltd. Hindustan Tin Works Ltd. Nilraj Engineering Works Pvt. Ltd. Shetron Ltd.
Plant capacity: Aluminium Beverage Cans each 330 ml Size:13.3 Lakh Pcs. / day Plant & machinery: Rs 343 Cr
Working capital: -T.C.I: Cost of Project :Rs 399 Cr
Return: 23.00%Break even: 36.00%
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Start your own Business in Hydrated Lime (Calcium hydroxide) Production from Limestone (Calcium Carbonate).

Start your own Business in Hydrated Lime (Calcium hydroxide) Production from Limestone (Calcium Carbonate). Most Profitable Opportunities for Startups in Chemical Industry. The term “hydrated lime” is widely used to describe a powdered calcium hydroxide product created by reacting quicklime with a controlled more than water. The product is essentially dry and generally contains not up to 1% of un-reacted water. The method is called “hydration” and will be differentiated from “slaking” that involves the production of a dispersion of calcium hydroxide in water. However, the expression “slaked lime” is used as a generic term for hydrated lime, milk of lime and lime putty. Related Projects: - Chemicals (Organic, Inorganic, Industrial) Projects An estimated 10 to 15% of the quicklime produced in developed countries is born-again in to hydrate lime and therefore the percentage is also higher in countries that don't have a large steel industry. Because hydrating plants are comparatively complex and might be fed with surplus grades of quicklime, there are relatively few of them and that they are normally located at a lime works. Whereas the chemical reactions involved within the formation of hydrated lime are simple, the physical chemistry is complex. Some of industrial uses of Hydrated Lime are: Manufacturing of Bleaching Powder. Process Water Demineralization Waste Water Neutralization. Neutralization of Acidic effluents Fluxing or Clarifying. Drying of mud or sludge. Stabilization of hazardous waste. Dehairing of Hides in Tanneries. Flue gas Desulphurization Calcium Hypochlorite Bleaching of Paper pulp. Market Outlook The national demand estimate for hydrated lime in excess of 100,000 MT per annum and the estimated total supply figure is less than 35,000 MT per annum with most of the demand been met through importation. The global hydrated lime market size will grow by 31.24 MMT during 2018-2022. In terms of value, the global lime market is anticipated to expand at a CAGR of ~ 6% during the forecast period, and reach a value of US$ ~65.4 Bn by 2027. Related Books: - Chemical Technology (Organic, Inorganic, Industrial), Fine Chemicals The Asia Pacific is that the leading region in terms of production. The region is expected to continue having a healthy rate within the coming back years as well. It’s among the fastest-growing lime market. The lime market within the region is boosted by the rapidly growing housing industry within the region, particularly China and India. The booming construction industry is supporting the demand growth for hydrated lime. The region additionally has significant demand growth for the steel industry, which successively is boosting the demand for lime. The increasing investments by the Chinese government, as well as private firms within the construction and infrastructure industries, have boosted the demand for lime within the Asia Pacific. The growing demand for mineral production within the region is also expected to drive the demand for the product. China is likely to be the most important lime producer as well as consumer within the region in the coming years. Projects- Project Reports & Profiles Lime has been widely utilized in various building and construction techniques for over 5,000 years. The durability, resilience, and water-resistant properties of lime build it an ideal material for construction activities, especially among people who involve using natural materials. Lime is one in every of the very few mineral derivatives which will be used to manufacture steel – an element that has contend an imperative role in its high uptake for steel manufacturing, thus, aiding the growth of the lime market, worldwide. Whereas quicklime is extensively used as a flux agent to urge eliminate impurities in steel, calcium hydrate finds application across the construction sector around the world. Related Videos:- Chemicals (Organic, Inorganic, Industrial) High Demand for Lime in Metallurgical Applications The steel industry is a major consumer of lime. Around 50% of the total production of lime is consumed in the metal manufacturing industry. Lime is utilized as a flux for removing impurities such as silica, phosphorus, and sulfur. Industrial production of lime helps achieve quality steel, primarily in terms of purity required in modern steel applications. Lime plays a vital role in the production of non-ferrous metals as well. Lime can be utilized to treat copper ore; extract uranium; and recover gold as well as silver. Lime is employed in producing alumina and magnesia to manufacture aluminum and magnesium, respectively. Market Research Reports :- Market Research Reports, India and Global Industry Analysis ,Market Trends, Market Insight, Market structure, Market Outlook, Indian Industry Size, Share, Trends, Analysis and Forecasts report, Sector Growth Driver, Company Profiles Thus, increasing demand for steel and other metals from automotive and other manufacturing industries across the globe, including developing economies such as China, India, and Brazil, is anticipated to drive the demand for lime for use in metallurgical applications during the forecast period. Key Players The global hydrated lime market expected to be fragmented throughout the forecast period. Some of the market participants identified across the value chain of the global hydrated lime market include Graymont Limited, Lhoist, SIBELCO, and NIKI Chemical industries, McGean-Rohco Inc., KIMTAS, CARMEUSE, Boral Limited, Omya Australia Pty Ltd. and United States Lime & Minerals, Inc., among others. Tags:- #HydratedLime #Limepowder #calciumhydroxide #Limeindustry #limebusiness #LimeStoneProduction #limestoneproject #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #QuickLime #chemicalindustry
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Lucrative Business Opportunities Production of Sodium Borohydride (sodium tetrahydridoborate) Using Trimethyl Borate.

Lucrative Business Opportunities Production of Sodium Borohydride (sodium tetrahydridoborate) Using Trimethyl Borate. Business Ideas in Chemical Industry Sodium borohydride is a white to grayish crystalline powder. It is decomposed by water to form sodium hydroxide, a corrosive material, and hydrogen, a flammable gas. The heat of this reaction may be sufficient to ignite the hydrogen. The material itself is easily ignited and burns vigorously once ignited. It is used to make other chemicals, treat waste water, and for many other uses. Sodium borohydride is an inorganic sodium salt and a metal tetrahydridroborate. Sodium borohydride (NaBH4) is the most commonly available borohydride, synthesized by reacting methyl borate with sodium hydride in mineral oil. It is employed as a precursor for producing other metal borohydride. Various approaches for qualitative and quantitative monitoring of sodium borohydride have been explained the potential of NaBH4 to store as well as generate hydrogen for fuel cells has been investigated. Projects- Project Reports & Profiles Preparation Sodium borohydride is prepared by reacting sodium hydride with trimethyl borate at about 250°C: 4 NaH + B (OCH3)3 ? NaBH3 + 3NaOCH3 Also, sodium borohydride can be made by passing diborane, B2H6, through a solution of sodium methylate, NaOCH3, in methanol: 2B2H6 + 3NaOCH3? 3NaBH3 + B (OCH3)3 Alternatively, diborane may be be passed through a solution of sodium tetramethoxyborohydride at low temperatures: 3 NaB (OCH3)3 + 2B2H6 ? 3NaBH3 + 4B (OCH3)3. Uses Sodium borohydride (NaBH4) is a versatile reducing agent used in a number of industrial processes. Major applications include organic and pharmaceutical synthesis, wastewater treatment, and paper pulp bleaching. Sodium borohydride plays such a significant role in organic synthesis. It is a good reducing agent which has stable performance and selective reduction. It can be used as the reducing agents of aldehydes, ketones and acid chlorides; also as foaming agent for plastic materials, hydrogenating agent of making dihydrostreptomycin, intermediate of making potassium borohydride, raw materials in synthesizing borane, as well as the treatment agent of paper industry and mercury-containing waste water. Related Projects: - Chemicals (Organic, Inorganic, Industrial) Projects Sodium borohydride provides organic chemists a very convenient and mild means for reduction of aldehydes and ketones. Before this, people usually use metal/alcohol approach to reduce carbonyl compound. Sodium borohydride enables the reduction of carbonyl of aldehydes and ketones under very mild conditions to produce primary alcohols and secondary alcohols. Reduction procedure is as below: First dissolve the substrate in a solvent (typically methanol or ethanol), then cool with an ice bath. Finally add sodium borohydride powder to the mixture until the reaction is completed. The reaction process can be monitored by thin layer chromatography. If the solvent is not an alcohol, we need to additionally supply methanol or ethanol along with the reaction. Sodium borohydride is a reducing agent with medium strength, and thus exhibiting good chemical selectivity. It only reduces active aldehyde and ketone carbonyl group, and does not react with the ester, amide. Production Methods Sodium borohydride boric acid ester method: Pour boric acid and appropriate amount of methanol to distillation kettle, slowly heated at 54 °C for total reflux 2h. Then collect the azeotropic liquid of methyl borate and methanol solution. After treatment of azeotropic liquid by sulfuric acid, using fine distillation can yield relative pure product. Feed sodium hydrogen obtained with reaction between hydrogen gas and sodium into the condensation reaction tank. Heat with stirring to about 220 °C and then begin to add boric acid ester. Stop heating once the temperature reaches 260 °C; Keep the feed temperature below 280 °C, continue the stirring after the addition of boric acid ester to ensure the thorough reaction. After the completion of reaction, cool the temperature below 100 °C, centrifuge to obtain a condensation product pellet. Add an appropriate amount of water to the hydrolysis reactor and slowly transfer the filter pellet into the hydrolysis reactor, keep the temperature lower than 50 °C, heat to 80 °C after the complete of adding the filter pellet. Centrifuge and separate, transfer the hydrolysis solution to stratification vessel to keep still for 1h for automatic layering. The hydrolysis solution in the lower layer corresponds to sodium borohydride. The reaction formula is as below: H3BO3+3CH3OH?B (OCH3)3+3H2O 2Na+H2?2NaH 4NaH+B (OCH3)3?NaBH4+3CH3ONa Related Books: - Chemical Technology (Organic, Inorganic, Industrial), Fine Chemicals Market Outlook In the textile industry, Sodium Borohydride used in combination with sodium bisulfite, and it is used instead of replacement for Sodium Hydrosulfite in vat dyeing, indigo dyeing, color stripping, reductive clearing, machine cleaning and many other applications where a stable, environmentally desirable reducing agent is required. In organic chemical purification, Sodium Borohydride improve the color, odor and stability of organic chemicals. Sodium Borohydride works by reducing ketones, aldehydes, peroxides and metal impurities that can lead to color, odor and product instability. The global Sodium Borohydride market is valued at 536.3 million USD in 2020 is expected to reach 881.9 million USD by the end of 2026, growing at a CAGR of 7.3% during 2021-2026. Pulp & Paper is expected to be the major segment during the forecast period, however pharmaceuticals is anticipated to grow at highest CAGR compare to other end-use segments. Increase in research & development activities in pharmaceutical for inventing different medicinal drugs and usage of sodium borohydride as hydrogen carrier in fuel cell is estimated to offer major opportunities to the sodium borohydride market in the next few years. Sodium borohydride is an inorganic compound sold as a white crystalline powder or in an aqueous solution. This compound is widely used in laboratories and other technical applications. The function of sodium borohydride is to act as a polyvalent reducing agent. Related Videos:- Chemicals (Organic, Inorganic, Industrial) Sodium Borohydride Market Drivers: The sodium borohydride market is increasing due to the growing demand of the pharmaceutical industry, which is an important raw material for the manufacture of various pharma products. The intensification of antibiotic research and development efforts is a reason to raise awareness in the health sector. These are the determining factors that will boost the demand for sodium borohydride in the coming years. In addition, the demand for innovative technologies such as hydrogen on demand has increased significantly, offering huge opportunities for the sodium borohydride market in the coming years. In addition, the expansion of the pulp and paper industry that requires high quality sodium borohydride has helped increase market revenues. Market Research Reports :- Market Research Reports, India and Global Industry Analysis ,Market Trends, Market Insight, Market structure, Market Outlook, Indian Industry Size, Share, Trends, Analysis and Forecasts report, Sector Growth Driver, Company Profiles The product is also used in the synthesis of gold nanoparticles, which are used in various fields such as electron microscopy, chemotherapy, radiotherapy, medical research etc. Gold nanoparticles industry is expected to grow by over 25% CAGR in the forecast period which will drive the sodium borohydride market. Key Players Examples of some of the key players identified across the value chain of the Global Sodium Borohydride market are: Zhangjiagang City Jinyuan Biochemical Co., Ltd, Jiangsu Huachang Group Co., Ltd, Shandong Guobang Pharmaceutical Co., Ltd, JSC Aviabor, Vertellus Holdings LLC, The Dow Chemical Company, Nantong Hongzhi Chemical Co., Ltd, Montgomery Chemicals, Kemira, Demosha Chemicals Pvt. Ltd, Finar Ltd, Gulbrandsen Chemicals Pvt. Ltd, Gulshan Chemicals Ltd, Tags:- #sodiumborohydride #SodiumHydride #TrimethylBorate #ChemicalIndustry #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #startupideas
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Return: 1.00%Break even: N/A
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Business Ideas for Holiday Resort (Three Star Grade).

Business Ideas for Holiday Resort (Three Star Grade). Investment Opportunities for Entrepreneurs in the hospitality industry A three-star hotel isn't too cheap or too fancy; it's just right. The owners want guests to feel relaxed and comfortable in their rooms without needing to spend too much money. There are typically restaurants and bars on-site, as well as assistance bringing your baggage to your room. The rooms are generally larger, more comfortable and with more furniture. Three-star hotels ordinarily have some unique amenities and provide quality service. Related Projects- Project Reports & Profiles General Facilities for 3 Star Hotel: Full-time operation 7 days a week in season. Establishment to have all necessary trading licenses. Establishment to have public liability insurance. 24 hr. lifts for buildings higher than ground plus two floors. Bedrooms, Bathroom, Public areas and kitchen fully serviced daily. All floor surfaces clean and in good shape. Floors can be of any surface or materials. Power backup or Diesel Generator - DG sets. Market Outlook Indian Market The Indian tourism and hospitality industry has emerged as one of the key drivers of growth among the services sector in India. Tourism in India has significant potential considering the rich cultural and historical heritage, variety in ecology, terrains and places of natural beauty spread across the country. Tourism is also a potentially large employment generator besides being a significant source of foreign exchange for the country. As of 2019, 4.2 crore jobs were created in the tourism sector in India, which was 8.1 per cent of the total employment in the country. The number is expected to rise by two per cent annum to 52.3 million jobs by 2028. Books -BOOKS & DATABASES India is one of the fastest emerging tourist destinations in the world. With beautiful varying landscapes from beaches to snow-clad mountains with diverse culture, traditions and cuisines, the country has plenty to offer for international and domestic tourists alike. Moreover, awareness and marketing initiatives such as the Incredible India campaign along with the newly introduced e-visa options, help make travelling to India more accessible for international tourists. India is the most digitally-advanced traveler nation in terms of digital tools being used for planning, booking and experiencing a journey, India’s rising middle class and increasing disposable incomes has continued to support the growth of domestic and outbound tourism. Related Videos:- Travel, Tourism, Hotel, Projects Indian Hotel Industry's room rates are most likely to rise 25% annually and occupancy to rise by 80%, over the next two years. 'Hotel Industry in India is gaining its competitiveness as a cost effective destination. The 'Hotel Industry' is likely to add about 60,000 quality rooms, currently in different stages of planning and development. Government Initiatives The Indian Government has realized the country’s potential in the tourism industry and has taken several steps to make India a global tourism hub. Some of the major initiatives planned by the Government of India to boost the tourism and hospitality sector of India are as follows: Ministry of Tourism launched DekhoApnaDesh webinar series to provide information on many destinations and sheer depth and expanse on the culture and heritage of India. Ministry of Tourism launched Audio Guide facility App called Audio Odigos for 12 sites in India (including iconic sites). Prime Minister, Mr Narendra Modi urged people to visit 15 domestic tourist destinations in India by 2022. Statue of Sardar Vallabhbhai Patel, also known as ‘Statue of Unity’, was inaugurated in October 2018. It is the highest standing statue in the world at a height of 182 metre. It is expected to boost the tourism sector in the country and put it on the world tourism map. Government of India is working to achieve one per cent share in world's international tourist arrivals by 2020 and 2 per cent share by 2025. Under Budget 2020-21, the Government of India has allotted Rs 1,200 crore (US$ 171.70 million) for development of tourist circuits under Swadesh Darshan for eight Northeast states. Related Projects: - Hotel and Hospitality Projects Under Budget 2020-21, the Government of India has allotted Rs 207.55 crore (US$ 29.70 million) for development of tourist circuits under PRASHAD scheme. In 2019, Government reduced GST on hotel rooms with tariffs of Rs 1,001 (US$ 14.32) to Rs 7,500 (US$ 107.31) per night to 12 per cent and those above Rs 7,501 (US$ 107.32) to 18 per cent to increase India’s competitiveness as a tourism destination. In September 2019, Japan joined a band of Asian countries, including Taiwan and Korea among others, to enter India’s tourism market. Achievements Following are the achievements of the Government during 2019-20: During 2019-20, an additional fund Rs 1,854.67 crore (US$ 269.22 million) was sanctioned for new projects under the Swadesh Darshan scheme. Ministry of Tourism sanctioned 18 projects covering all the North Eastern States for Rs 1,456 crore (US$ 211.35 million) to develop and promote of tourism in the region under Swadesh Darshan and PRASHAD schemes. Statue of Sardar Vallabhbhai Patel, also known as ‘State of Unity’, was inaugurated in October 2018 and the total revenue generated till November 2019 stood at Rs 82.51 crore (US$ 11.81 million). Market Research Report- Market Research Report Kay Players Advani Hotels & Resorts (India) Ltd. Alchemist Hospitality Group Ltd. Bekal Resorts Devp. Corpn. Ltd. Cambay Hotels & Holidays Ltd. Clover Residency Pvt. Ltd. Manipal Integrated Services Pvt. Ltd. Leela Palaces & Resorts Ltd. Jungle Lodges & Resorts Ltd. Tags:- #HolidayResort #3StarHotel #hospitality #businesshotel #ThreeStarHotel #servicesector #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #ProjectReport
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Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Manufacturing of Ascorbic Acid. Opportunities for Entrepreneurs to Start Own Business in Vitamin C Industry.

Manufacturing of Ascorbic Acid. Opportunities for Entrepreneurs to Start Own Business in Vitamin C Industry. Ascorbic Acid could be a natural water-soluble vitamin (Vitamin C). Ascorbic acid could be a potent reducing and antioxidant agent that functions in fighting bacterial infections, in detoxifying reactions, and within the formation of scleroprotein in fibrous tissue, teeth, bones, connective tissue, skin, and capillaries. Found in citrus and other fruits, and in vegetables, vitamin c cannot be produced or hold on by humans and should be obtained within the diet. Project Reports:- Project Reports & Profiles Ascorbic Acid (vitamin c) Injection is a sterile solution. Every ml contains: ascorbic acid (vitamin c) 250 mg and Edetate Disodium 0.025% in Water for Injection sq. Prepared with the help of Sodium bicarbonate. Sodium hydroxide and/or hydrochloric acid could are used to adjust ph. Uses Ascorbic acid (vitamin C) is used to prevent or treat low levels of vitamin c in folks that don't get enough of the vitamin from their diets. Most of the people who eat a normal diet do not want additional ascorbic acid. Low levels of vitamin c may end up in a condition called scurvy. Scurvy could cause symptoms similar to rash, muscle weakness, joint pain, tiredness, or tooth loss. Vitamin C plays an important role within the body. It’s needed to take care of the health of skin, cartilage, teeth, bone, and blood vessels. It is also used to protect your body's cells from damage. It’s referred to as an antioxidant. Ascorbic Acid (vitamin C) is used to forestall or treat low levels of vitamin c in people that don't get enough of the vitamin from their diets. Most people who eat a normal diet do not want extra ascorbic acid. Low levels of vitamin c may end up in a condition called scurvy. Scurvy could cause symptoms similar to rash, muscle weakness, joint pain, tiredness, or tooth loss. Ascorbic Acid might also be used with different vitamins for a certain status (macular degeneration). Ascorbic Acid is on the market under the following different whole and different names: Cenolate, and vitamin c. It is used to treat or prevent vitamin C deficiency. It is used to treat scurvy. Tablets, chewable tablets, soluble tablets Dietary Supplement Urinary Acidification Scurvy Related Projects:- Chemicals (Organic, Inorganic, Industrial) Projects Significance Vitamin C is an essential nutrient for certain animals as well as humans. The term vitamin c encompasses several vitamins that have vitamin c activity in animals. Ascorbate salts such as sodium ascorbate and calcium ascorbate are utilized in some dietary supplements. These release ascorbate upon digestion. Ascorbate and ascorbic acid are both naturally gift within the body, since the forms interconvert per ph. Oxidized forms of the molecule similar to dehydroascorbic acid are converted back to ascorbic acid by reducing agents. Vitamin C functions as a cofactor in many enzymatic reactions in animals (and humans) that mediate a variety of essential biological functions, together with wound healing and albuminoidal synthesis. In humans, vitamin c deficiency leads to impaired collagen synthesis, contributing to the lot of severe symptoms of scurvy. Another biochemical role of vitamin c is to act as an antioxidant (a reducing agent) by donating electrons to various enzymatic and non-enzymatic reactions. Doing so converts vitamin c to an oxidized state - either as semi dehydroascorbic acid or dehydroascorbic acid. These compounds are often restored to a reduced state by glutathione and NADPH-dependent enzymatic mechanisms. In plants, vitamin c may be a substrate for ascorbate peroxidase. This enzyme utilizes ascorbate to neutralize excess hydrogen peroxide (H2O2) by converting it to water (H2O) and oxygen Sources of Ascorbic acid Ascorbic acid is widely distributed in contemporary fruits and vegetables. It’s present in fruits like orange, lemons, grapefruit, watermelon, papaya, strawberries, cantaloupe, mango, pineapple, raspberries and cherries. It’s conjointly found in inexperienced leafy vegetables, tomatoes, broccoli, green and red peppers, cauliflower and cabbage. Most of the plants and animals synthesize ascorbic acid from D-glucose or D-galactose. A majority of animals turn out relatively high levels of ascorbic acid from glucose in liver but, guinea pigs, fruit eating bats, apes and humans cannot synthesize ascorbic acid to the absence of the protein L-gulonolactone oxidase. Hence, in humans ascorbic acid has got to be supplemented through food and or as tablets. Market Research Report- Market Research Reports Ascorbic acid could be a labile molecule, it may be lost from foods during cooking/processing even though it has the ability to preserve foods by virtue of its reducing property. Synthetic ascorbic acid is on the market during a wide variety of supplements viz., tablets, capsules, chewable tablets, crystalline powder, effervescent tablets and liquid form. Buffered ascorbic acid and esterified variety of ascorbic acid as ascorbic palmitate is additionally on the market commercially. Both natural and synthetic ascorbic acid are chemically identical and there are not any known differences in their biological activities or bio-availability. Market Outlook The Ascorbic Acid market is projected to grow at a rate of 5.2% from USD 1.04 Billion in 2019 to reach USD 1.63 Billion by 2027. Increasing health awareness, wide application base and rising demand from the pharmaceutical and food & beverages industry are the key factors that have paved way for the growth of the global Ascorbic Acid market. The paradigm shift from clean-label food and beverage products to dietary supplements has led to the emergence of many manufacturers offering clean-labeled vitamin C supplements to consumers seeking antioxidant support for immune health through supplements. As a result of this, the demand for ascorbic acid has increased in the pharmaceutical and healthcare industry. Two grades of ascorbic acid are available in the market, viz. food &pharmaceutical and industrial. On the basis of application, the global ascorbic acid market has been segmented into six segments – food & beverage, pharmaceutical, chemical, personal care, agriculture and others. Superior Functional Attributes of Ascorbic Acid to Propel Market Growth The global ascorbic acid market is expected to witness profitable growth within the coming back years, because of the significant demand from various end-use industries like chemical, food & beverage, cosmetics, agriculture, pharmaceutical, and others. Shifting preferences towards healthy foods, as well as nutrition supplements, are contributing to the growing prominence of vitamin C/ascorbic acid in various applications, such as in skin products, healing injuries and hindrance of infections and to improve the absorption of iron from food, reduce the chance of chronic diseases, enhance immune health, and control blood pressure. Related Projects: - Chemicals, Biotechnology, Enzymes, Bio Fertilizer, Vermiculture, Vermicompost Chemical & Allied Industries and Alcohol Projects Additionally, ascorbic acid is required for the growth, development, and repair of all body tissues and to carry out body functions such as the creation of collagen and maintenance of cartilages, bones and teeth. As per health expert recommendations, ascorbic acid is considered as one of the safest and most beneficial nutrients, which in turn is expected to drive the world ascorbic acid market with a healthy growth rate during the forecast period. Global Ascorbic Acid Market: Key Trends The market is expected to grow as growing vitamin deficiency concerns, lack of healthy natural agricultural produce, changing lifestyle is expected to drive demand for the worldwide Ascorbic acid market. The market is additionally expected to receive a lift from cost-effective manufacturing in China and Asia-Pacific. Demand for ascorbic acid is additionally growing as a substitute for low-calorie sweetener. Ascorbic acid has been traditionally involving higher fertility in various cultures round the world. Growing analysis proves that there is a correlation between supplement intakes and higher sperm count. Ascorbic acid also can emerge as an answer to infertility within the close to future. This can be a significant opportunity for market players as ascorbic acid supplements will help a smokers and different unhealthy individual keep healthy at very little further value in the near future. Ascorbic acid market is predicted to grow, because the acid is increasing being used as an artificial additive. Newly introduced EU regulations and FDA approval for higher quantities in diets is expected to become a significant boost for the market. Related Books: - Chemical Technology (Organic, Inorganic, Industrial), Fine Chemicals The growing demand for skincare products is also expected to drive the worldwide ascorbic acid market. Concerns over global warming, increased risks of skin cancers and different ailment is expected to drive various segments in cosmetic segment. Ascorbic acids and its salts facilitate hamper skin deterioration. Its positive impact on aging and wrinkles is expected to drive the market. The factors that are taking part in a major role within the growth of vitamin c (Ascorbic Acid) Market are rising demand for potassium, Ca and Na salts of ascorbic acid as an antioxidant food additive. On the opposite hand, price fluctuations and uncertain raw material supply are the factors restraining overall market growth. Key dynamics Ascorbic acid finds various applications within the food as well as pharmaceutical sectors. Within the food and beverage business, ascorbic acid is used as a protein supply in various food items. The growing demand for food and beverage products from emerging economies, similar to India and China, is expected to drive the concerned market throughout the forecast period. This growth in population is anticipated to make a large demand for food and beverage products, which, in turn, can drive the worldwide ascorbic acid market throughout the forecast period. The intake of vitamin c has doubled within the previous few decades because of growing awareness about health edges of vitamin c. ascorbic acid could be a smart source of vitamin c. As a results of these factors, the worldwide ascorbic acid market is expected to witness lucrative growth throughout the forecast period. Scope of the Global Vitamin C (Ascorbic Acid) Market The biggest consumer of this food additive is food and beverage industry, which counted about 60%; pharmaceutical industry count about 30% of the total demand. The price of ascorbic acid has increased steadily for several reasons. Factories in China that produce ascorbic acid are seriously considering price increases. Prices began to increase substantially. Ascorbic acid factories are underfunded due to the low price in recent years, resulting in a strong desire to raise prices. the Vitamin C (Ascorbic Acid) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This categorizes the market based on manufacturers, regions, type and application. Related Videos:- Chemicals (Organic, Inorganic, Industrial) Key Players in the Global Ascorbic Acid Market The global ascorbic acid market some of the major players in the ascorbic acid market across the world, such as Sigma-Aldrich Corporation (Merck), Koninklijke DSM N.V., Northeast Pharmaceutical Group Co., Ltd., CSPC Pharmaceutical Group Limited, MUBY CHEMICALS, Shandong Luwei Pharmaceutical, North China Pharmaceutical Co. Ltd, Glanbia Nutritionals China (Suzhou) Co., Ltd, LabChem Inc., and China BBCA Group Corporation, Merck KGaA, Koninklijke DSM N.V., Northeast Pharmaceutical Group, Shandong Luwei Pharmaceutical, Foodchem International Corporation among others. Tags:- #ascorbicacid #pharmaceutical #vitaminc #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #Chemicalindustry #SodiumAscorbate #startupideas
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