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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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Transparent LPG Cylinder from Fiber Glass

A gas cylinder is a pressure vessel for storage and containment of gases at above atmospheric pressure. High-pressure gas cylinders are also called bottles. Inside the cylinder the stored contents may be in a state of compressed gas, vapor over liquid, supercritical fluid, or dissolved in a substrate material, depending on the physical characteristics of the contents. A typical gas cylinder design is elongated, standing upright on a flattened bottom end, with the valve and fitting at the top for connecting to the receiving apparatus. A seamless composite translucent cylinder made up from a polyethylene, moulded inner lining, glass fibres and resin with inner liner to create an even greater strength and an outer layer makes this a perfect one to use. Due to the superior performance of composite LPG cylinder, the steel LPG cylinder must be replaced by composite LPG cylinder gradually. And with the development of technology, there will be better materials to be developed. Indian LPG imports have been registering some remarkable trends in the last 10 years. The growth trends over the last 10 years, 5 years and 1 year are: 17% CAGR (FY07 to FY17), 14% CAGR (FY12 to FY17) and 23%. At nearly 11 million tonnes in FY17, India surpassed Japan’s imports at 10.6 million tonnes. The government has gone full throttle in promoting LPG as a reliable fuel through schemes such as Pahal, Ujjwala, Direct Benefit Transfer and 'Give it Up' which led to increased adoption of LPG in residential segment. While 'Pahal' got enlisted under Guinness Book of World Record for its largest cash transfer at a whopping USD 6.5 billion. All the same, under the Ujjwala scheme free LPG connections will be provided to 5 crore poor households. A rapid increase in urban population combined with increasing LPG penetration in rural areas has resulted in a 10% growth in LPG consumption, making India the second largest LPG consumer in the World at 19 million tonne per year. Based on Government's continued efforts to promote clean fuel and increased adoption by consumers, LPG consumption is expected to see a sustained double-digit growth in the years to come. Global composite cylinders market stood at $ 601 million in 2018 and is projected to reach $ 921 million by 2024, exhibiting a CAGR of over 7% during 2019-2024, owing to increasing demand for explosion proof, non-corrosive and lightweight LPG cylinders. Composite cylinder is a high-pressure vessel that is made of a composite-polymer material and placed in a plastic body. The technology of manufacturing a modern composite cylinder is a very complex and high-tech process, thus its cost is much higher than the cost of a metal analogue. Increasing consumption of LPG in the developing countries is expected to boost the demand. Increasing demand for lightweight, explosion proof and non-corrosive LPG cylinders and government push towards the usage of composite cylinders are some of the major drivers of the market. Increase in the consumption of LPG in the developing economies further elevate the demand for composite LPG cylinders over the next five years. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Everest Kanto Cylinder Ltd Hindustan Petroleum Corpn. Ltd Supreme Cylinders Ltd. Time Technoplast Ltd.
Plant capacity: Transparent LPG Cylinder: 2,243.6 Nos. / DayPlant & machinery: Rs 28274 lakhs
Working capital: -T.C.I: Cost of Project: Rs 32012 lakhs
Return: 25.00%Break even: 27.00%
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Frozen Layer Paratha (Fried dough food - flatbread native to the Indian subcontinent)

Paratha is a kind of unleavened flatbread, which is made of atta flour. The flavor of paratha is various. Sometimes, people mix stuffing with flour and knead them together such as gobi paratha or makka paratha. Sometimes, they prefer having a plain paratha and eating with side dishes like aloo, or stuffed paratha with keema, chana dal, etc. As for dessert, sugar paratha has never been forgotten. It is the best time to taste them while they are cooked. A paratha is a flatbread that originated in the Indian subcontinent, prevalent throughout areas of India, Layered Paratha is type of flatbread which originated in North India. This buttery, flaky, crisp multi layered flatbread is absolutely delicious served with your favourite curry or Indian dish. Layered paratha is made with basic and simple ingredients, kitchen cupboard or pantry. The paratha is an important part of a traditional breakfast from the Indian subcontinent. Traditionally, it is made using ghee but oil is also used. Some people may even bake it in the oven for health reasons. Usually, the paratha is eaten with dollops of white butter on top of it. Side dishes which go very well with paratha are curd, fried egg, omelette, mutton kheema (ground mutton cooked with vegetables and spices), nihari (a lamb dish), jeera aloo (potatoes lightly fried with cumin seeds), daal, and raita as part of a breakfast meal. It may be stuffed with potatoes, paneer, onions, qeema or chili peppers. Emerging cold-chain industry is benefiting frozen food market in India, while North is proving to be a significant revenue driver for the frozen food market due to robust growth in employment opportunities and rising migrating population. Currently, the Indian frozen food market is dominated by frozen snacks and vegetables - these segments together account for 85 per cent of the volume and 65 per cent of the sales. Though frozen food is gaining in popularity, particularly in North, it still has a limited audience due to unhealthy tag segment carries, which is an extension from the more substantial processed/packaged food. Indian frozen food market growing at 15-20% CAGR in the last four years. This growth was mainly due to more working women, young professionals living alone and greater exposure to western food patterns making consumers to go for food fried, baked or toasted straight from the freezer. The consumption of processed and frozen food has also increased because of growing income of the middle class people in recent years as frozen food provides good food with lesser cooking time. India’s food market is projected to get double in the coming few years due to rapid economic development, growing population and improved lifestyle. Busy lives are influencing consumers to shift their dietary preferences towards ready-to-eat food products. Hence, frozen foods have become an important part of the modern diet. Freezing or refrigeration allows consumers to have access to foods which were either unavailable or available only during a particular season. Also, freezing helps consumers to preserve their food products for future use. Availability of a wide range of frozen food products in different food categories is giving a boost to the frozen food market in India: The processed and frozen food market is seeing a steady growth in demand both in India and the world over, particularly in the developing Asian countries. Globally, the frozen food market is expected to reach $309.98 billion, growing at a compound annual growth rate (CAGR) of 6.15 per cent by 2021. Developing markets like ours are likely experience a higher growth. India’s frozen food market, which stood at $310 million in 2017, is projected to grow at a CAGR of over 16 per cent to reach $754 million by 2023. In addition to the growing consumer acceptance of processed and frozen food in India, the improved infrastructure and cold storage facilities have contributed immensely to the industry’s growth. Today, frozen foods are more accessible to the Indian consumer, because of the increase in number of large-format retail stores in the country. Smaller retail stores too now have better refrigeration facilities. Consumers today want to know where their food is coming from, how it is grown. There is an increase in demand for more natural and organic food. This is changing the way FMCG companies source their produce. The Indian ready-to-cook and ready-to-eat segment is largely a cluttered place across the globe as much as it’s Indian counterpart. The demand is driven by Asian customers looking for Indian recipes. There is a lot of competition in this space from brands from Malaysia, Sri Lanka, UAE as well as Pakistan. Invariably, there are also locally manufactured brands available across the US markets and other markets where Indians are large in number. The changing Indian lifestyle is creating a multitude of opportunities for market players across industries. For instance, the rise in the number of women in the workforce and the resultant time-paucity along with the increase of at-home socializing, the preference for nuclear families or that of young professionals living alone allows for the growing acceptance of Western food and the need for on-the-move freshly-cooked foods. The Indian market has witnessed the entry of many brands offering a host of products across various processed food categories. One segment, which has evolved significantly in the processed food section, is frozen convenience food. The increase in demand for frozen food products is driven by modern retail chains and stand-alone grocery stores, who are stocking more varieties of frozen products such as peas, corn and ready-to-cook and heat-and-eat packaged products. As sales increase, the category is slated to witness increased penetration and entry of more players and products. Few Indian major players are as under Tasty Bite Eatables Ltd. Taj Frozen Foods India Ltd. Mhetre Foods Pvt. Ltd. Mccain Foods (India) Pvt. Ltd. Kanaiya Foods (India) Ltd Haldiram Manufacturing Co. Pvt. Ltd. Cholayil Pure & Natural Foods Pvt. Ltd. Bikaji Foods Intl. Ltd.
Plant capacity: Layer Paratha (Frozen) each wt. 100 Gms : 10,000 Pcs / DayPlant & machinery: Rs 38 lakhs
Working capital: -T.C.I: Cost of Project : Rs 154 lakhs
Return: 29.00%Break even: 60.00%
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Moringa Leaf Tablets

Herbal medicine is increasingly becoming popular because they have found success in treating certain diseases for which conventional medicines have failed. Other attributes of herbal medicines includes better tolerance and fewer side-effects, efficacy, widespread availability and low costs. Moringa oleifera Lam used in the treatment of various diseases including hepatitis, hypertension, diabetes, cancer, and HIV-AIDS, diarrhea, ulcer, rheumatism, anemia, alopecia and urinary tract infections. It has also been reported to be beneficial in enhancing lactation and management of several nutritional deficiencies such as obesity, scurvy, marasmus, kwashiorkor etc. Moringa is grown in home gardens in West Bengal and Odisha and as living fences in southern India and Thailand, where it is commonly sold in local markets. In the Philippines and Indonesia, it is commonly grown for its leaves which are used as food. Moringa is also actively cultivated by the World Vegetable Center in Taiwan, a center for vegetable research. In Haiti, it is grown as windbreaks and to help reduce soil erosion. More generally, moringa grows in the wild or is cultivated in Central America and the Caribbean, northern countries of South America, Africa, Southeast Asia and various countries of Oceania. Due to its high nutritional value, moringa has been used to reduce malnutrition, specifically among infants and nursing mothers, in developing tropical countries. The leaves of the plant are consumed fresh and also stored as dried powder for months. Growing awareness regarding the medicinal benefits of moringa-based products is projected to propel industry growth. Moringa flowers, seeds, pods, leaves, gum, and bark have properties to relieve vitamin and mineral deficiencies, promote normal blood glucose levels, provide support for a healthy cardiovascular system, body’s anti-inflammatory mechanisms, and immune system, and neutralize free radicals, andenrich anaemic blood. They have potential benefits to overcome malnutrition, lactating mothers, general weakness, depression, menopause, osteoporosis, and arthritis. Growing incidence of obesity and increasing preference of individuals towards fast food products are the key factors augmenting the dietary supplements market demand. Global cosmetics market size may grow significantly at around 5.5%during the forecast timeframe owing to growing consumer demand for hair and skin potions. Shift in consumer’s preference towards herbal cosmetic products which in turn may accelerate the overall market demand. The Global Moringa Products Market is expected to register a CAGR of 9.3% and reach USD 7902.9 Million by 2025. Moringa manufactured goods such as powders, oils, capsules, tablets, soaps, and seeds are acquired from separate parts of the moringa tree. The global moringa products market is projected to expand at a considerable rate over the last few years owing to the health advantages related with the products obtained from the tree. The ever-increasing use of moringa products is changing the number of moringa growers in the market. It is understood to have several advantages and it utilizes variety from health and attraction to helping prevent and cure illnesses. It can be used in various forms such as raw moringa, moringa powder used in food additions, tea and oil. India is the prime producer of Moringa (Drumstick) with an annual production of 2.2 million tonnes of tender fruits from an area of 43,600 ha leading to the productivity of around 51 tonnes per ha. Among the different states, Andhra Pradesh leads in both area and production (15,665 ha) followed by Tamil Nadu (13042 ha) and Karnataka (10,280 ha). In other states, it occupies an area of 4,613 ha. India is the main supplier of moringa worldwide, accounting for around 80% of global demand. In India, most moringa is produced on large plantations as a conventional ingredient. This makes it possible to sell the product at low prices. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Shelter Pharma Ltd. Oriental Remedies & Herbals Ltd. Organic India Pvt. Ltd. Kitex Herbals Ltd Kerala Ayurveda Vaidyasala Ltd. Kerala Ayurveda Ltd Harrit Health Care Pvt. Ltd. Changaramkulam Arya Vaidya Sala Ltd. Chaitanya Pharmaceuticals Pvt. Ltd. Ban Labs Pvt. Ltd Ayurvedshri Herbals Ltd.
Plant capacity: Moringa Leaf Tablets (120 Tablets each Bottle): 500 Bottles / DayPlant & machinery: Rs 20 lakhs
Working capital: -T.C.I: Cost of Project : Rs 106 lakhs
Return: 30.00%Break even: 70.00%
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Catenary Wires and Conductors used in Railway Electrification

Catenary wire (also called a messenger wire) has closely spaced drops which support the actual contact wire. The messenger (or catenary) wire needs to be both strong and have good conductivity. They used multi-strand wires (or cables) with 19 strands in each cable (or wire). Copper, aluminium, and/or steel were used for the strands. All the 19 strands could be of the same metal or some strands could be of steel for strength with the remaining strands of aluminium or copper for conductivity. Another type looked like it had all copper wires but inside each wire was a steel core for strength. The steel strands were galvanized but for better corrosion protection they could be coated with an anti-corrosion substance. The Catenary wire comprises 19 strands of cadmium copper, each strand of 2.10 mm dia, with overall dia of 10.5 mm having about 80% conductivity and 65 sq. mm cross-sectional area. The contact wire is a solid hard drawn grooved electrolytic. Copper of 12.24 mm dia and 107 sq. mm cross-sectional area. The total current carrying capacity of both wires is 600 Amps. The condemning size of contact wire is 8.25 mm. The wires and cable industry in India has come a long way, growing from being a small industry to a very large one, over the past decade. With the segment comprising nearly 40 per cent of the electrical industry in India, the increasing demand for power, light and communication has kept demand for wires and cables high. Growing at a CAGR of 15 per cent, boosted by momentum in the power and infrastructure segments. The present estimated per capita consumption is only about 0.5 kg. As GoI is focusing on ´Make in India´, the industry can grow at similar rate for the next five years. The India structured cabling market was valued at $419.4 million in 2017 and is forecasted to witness a CAGR of 12.9% during 2018–2023. Growing demand for copper cables, surging data center market, increasing number of product launch activities, and rising demand for better bandwidth are supporting the structured cabling market growth in India. Growing domestic market, priority for infrastructure development, improved life-style and newer opportunities, have propelled the Indian copper industry, specially for wires and cables. The growing trend in building, construction and automobile sectors is expected to keep demand of copper high. Understanding the copper technology involved in copper production, exploration, mining, and the uses of copper, as well as the global industry structure would impact copper mining, the environment, the various markets of copper, etc. The industry is affected by the price trends of copper, market performance, import/export scenario, the physical market trends, demand for copper, and of course, a market forecast. According to their Indian Electrical Equipment Industry Mission Plan 2012-2022, the government has planned to make India the country of choice for the production of electrical equipment and reach an output of $100 billion by balancing exports and imports. Requirement of electrical equipment is one of the most important inputs for the development of the power sector. The user enjoys right for safe and quality products and should be quality conscious while selecting the make. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Elite Conductors Ltd Dharmadeep Powerdive Inds. Ltd Copper Semis Pvt. Ltd. Chandra Metals Pvt. Ltd. G K Winding Wires Ltd Grid India Power Cables Pvt. Ltd. Hindustan Transmission Products Ltd K E C International Ltd. M E W Electricals Ltd.
Plant capacity: Catenary Wire (Hard Drawn Stranded Magnesium Copper Conductor) Size 24 sq.mm. (7/2.10 mm): 5.3 MT / Day Catenary Wire (Hard Drawn Stranded Magnesium Copper Conductor) Size 24 sq.mm. (19/2.10 mm): 5.3 MT / Day Catenary Wire (Hard Drawn Plant & machinery: Rs 260 lakhs
Working capital: -T.C.I: Cost of Project: Rs 871 lakhs
Return: 30.00%Break even: 55.00%
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Essential Oil (Lemongrass, Citronella, Lavender, Rosemary and Peppermint)

Essential oils, also called volatile odoriferous oil, are aromatic oily liquids extracted from different parts of plants, for example, leaves, peels, barks, flowers, buds, seeds, and so on. They can be extracted from plant materials by several methods, steam distillation, solvent extraction, and so on. Among all methods, for example, steam distillation method has been widely used, especially for commercial scale production. Essential oils have been widely used as food flavors. Essential oils found in many different plants, especially the aromatic plants, vary in odor and flavor, which are governed by the types and amount of constituents present in oils. Essential oils are highly concentrated, low volume, high value products. The world of essential oils has since then come out from the narrow field of definition to a wide variety of applications in flavours, disinfectants, oral hygiene, tobacco, pharmaceuticals and in almost all spheres of human activity. In the world wide flavour and fragrance market, essential oils constitute about 17 per cent. The estimate of world production of essential oils varies from 40,000 to 60,000 tonnes per annum. Lemongrass is an herb that belongs to the grass family of Poaceae. Lemongrass is also known by Cymbopogon; it is a genus of about 55 species of grasses. Citronella oil is steam distilled from the leafy parts of the citronella plant, also known as Cymbopogonnardus. Citronella essential oil is a common element in perfumes and cosmetic products and is well known for its use in outdoor candles, sprays, lotions, and other camping and outdoor essentials. Lavender essential oil has been found to eliminate harmful bacteria, relieve muscle spasms, relieve flatulence, disinfect and soothe inflamed skin especially when resulting from a venomous, itchy bug bite, promote speedy healing of irritated and scarred skin, and to relieve muscle tension when used in a massage. Rosemary is a fragrant herb that is native to the Mediterranean and receives its name from the Latin words “ros” (dew) and “marinus” (sea), which means “dew of the Sea.”Rosemary Essential Oil is derived from the aromatic herb Rosmarinus Officinalis, a plant belonging to the Mint family, which includes Basil, Lavender, Myrtle, and Sage. Its appearance, too, is similar to Lavender with flat pine needles that have a light trace of silver. The increasing importance of natural extracts as pharmaceutical & natural cosmetic aid and their use as nutraceutical ingredients in recent times has opened up new vistas for this sector besides their widespread use as flavor & fragrance ingredients. India will play a dominant role in the production & processing of these natural extracts. Country's biodiversity coupled with competent scientific force, make our country as the best choice to become a foremost leader in aroma business in the coming years. The world's total production of essential oils is estimated at about 1,00,000-1,10,000 tons and India stands at No. 3 contributor with a share of 16-17 percent. In value terms India's position is No.2 with the share of 21-22 percent, thanks to mint revolution in North India. India essential oils market will surpass USD 790 million up to 2024. Adoption of sustainable agriculture techniques which has led to large scale production raw materials including lemongrass, citronella, lavender, rosemary and peppermint for oil extraction will propel industry growth. The growth of the essential oils market can be attributed to usage of essential oils in various applications such as flavor & fragrance, aromatherapies, and others. Moreover, healing benefits of essential oil are expected to be instrumental in governing peak sales paving the way for essential oils market growth. Furthermore, wide scale adoption of essential oils in industrial, commercial, and household applications also drive the global market. However, high price of essential oils act as the major restraint for the market. On the contrary, increase in demand for essential oil as natural preservatives is expected to provide opportunities for the growth of the essential oils market. The global mint essential oil market demand was USD 177.88 million in 2018 and is expected to expand at a 9.2% CAGR over the forecast period. Noteworthy growth of end-use industries, such as aromatherapy, personal care and cosmetics, pharmaceuticals and food and beverage are expected to propel the product demand in the forthcoming years. Rapid technological advancements in oil extraction methods is anticipated to fuel the production and positively influence the growth. Essential oils have found a secure purpose in the food and beverage industry. Instead of adding herbs, and juices directly, a drop or two of essential oils is being used to enhance the flavor of a dish. This helps in accentuating the needed flavor, while preserving the need for increased usage of herbs. A flavoring and preservation agents profile leads to robust essential oils market growth. Few Indian major players are as under Vinayak Ingredients (India) Pvt. Ltd. Vaishali (India) Ltd. Ultra International Ltd. Synthite Industries Pvt. Ltd. Kancor Ingredients Ltd. Jindal Drugs Pvt. Ltd. Industrial Perfumes Ltd. Concert Spices & Exports Ltd.
Plant capacity: Lemongrass Oil (10 ml Size Pack): 2.0 Ltrs / Day Citronella Oil (10 ml Size Pack): 2.0 Ltrs / Day Lavender Oil (10 ml Size Pack): 2.0 Ltrs / Day Rosemary Oil (10 ml Size Pack): 2.0 Ltrs / Day Peppermint Oil (10 ml Size Pack): 2.0 Ltrs / DayPlant & machinery: Rs 41 lakhs
Working capital: -T.C.I: Cost of Project: Rs 90 lakhs
Return: 31.00%Break even: 71.00%
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Active Zinc Oxide from Zinc Ash, Secondary Zinc Waste & EAF Dust

Active Zinc oxide is a chemical compound with formula ZnO. It occurs as white hexagonal crystals or a white powder commonly known as zinc white which is used as a pigment in paints. It is nearly insoluble in water but soluble in acids or alkalis. Chinese white is a special grade of zinc white and used in artists' pigments. Zinc oxide and stearic acid are important ingredients in the commercial manufacture of rubber goods. Active Zinc oxide is valuable and growth-oriented product both for direct application and production of other zinc compounds. Two main processes for producing Active zinc oxide are direct and indirect methods. In the direct or American method, zinc ore is heated in air with coke or anthracite, and the resulting zinc vapors are subjected to the controlled oxidation. In the indirect or French process the zinc vapors to be oxidized are obtained by boiling zinc. Active Zinc oxide (ZnO) is water insoluble compound, but soluble in acid and bases. It has wide application in industry such as Rubber, Ceramics, Chemicals, Pharmaceuticals, Cosmetics & Personal Care, Agricultural, and Others. Active Zinc oxide is used primarily in cosmetics and personal care products including makeup, baby lotions, bath soaps, nail products, and powders and others. Rising demand for cosmetics and personal care products will add to the growth of Active zinc oxide market in forecast time. The global Active zinc oxide (ZnO) market size is projected to grow from USD 4.4 billion in 2019 to USD 5.7 billion by 2024, at a compound annual growth rate (CAGR) of 5.4%, during the forecast period. ZnO is a white inorganic compound that is used widely in pharmaceuticals, rubber, ceramics cosmetics, chemicals, and glass industries. The growth of these end-use industries is expected to fuel the global Active zinc oxide market demand over the forecast period. Active Zinc oxide is the most widely used zinc compound, and it plays an important role in a multitude of applications. The galvanization of steel products accounts for half of global zinc consumption due in large part to the metal's critically important corrosion-resistant properties. Active Zinc oxide is also a critical material in the manufacturing of tires, where it increases resilience and elasticity, literally putting the bounce in rubber. Increasing demand of Active Zinc oxide in chemical and manufacturing industry will further boost the market size. Industrial application of the product majorly vulcanization of rubber will surge significantly in forecast period. Tire industry is also one the major consumer of the product. Other major application including manufacturing of concrete, photovoltaic, electronic, optoelectronic devices and glass cutting. India exported Zinc-Oxide worth USD 2,344,417.64. Vietnam is one of the largest buyers of Zinc-Oxide from India, accounting for exports worth USD 666,311.42. The other big buyers of Zinc-Oxide are Spain and Qatar which buy Zinc-Oxide worth USD 486,487.22 and USD 179,654.28 respectively. Rising application of product in paints and coatings is projected to drive the Active zinc oxide market growth. One trend in the market is increasing use in semiconductor industry. The growing demand for Active zinc oxide in the production of varistors, ferrites, and solar cells is expected to propel the growth of the global Active zinc oxide market in the forecast period. The major driver in the market is growing demand for Nano Active zinc oxide. Nano Active zinc oxide is a specialized nanomaterial that is mainly available in the form of dispersions and powders. Companies operating in the Active zinc oxide market are also focusing on new product development and agreement to tap the opportunities in applications, such as solar energy, surface coatings, and pharmaceuticals. The Europe market is mature and developed stably in the past few years and will keep the trend in the next years. North America, led by the U.S. is expected to account for substantial growth in the market during the forecast period. Few Indian major players are as under Transpek-Silox Industry Pvt. Ltd. Rubamin Pvt. Ltd. Nav Bharat Metalic Oxide Inds. Pvt. Ltd. Chemspec Chemicals Pvt. Ltd.
Plant capacity: Active Zinc Oxide: 20 MT / DayPlant & machinery: Rs 285 lakhs
Working capital: -T.C.I: Cost of Project: Rs 830 lakhs
Return: 31.00%Break even: 56.00%
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Talc from Talc Ore (Cosmetic Grade)

Talc is a naturally-occurring mineral used in some consumer products, including personal care products like cosmetics. Pure talc and talc-containing rock are mined from the earth. Talc is made up of magnesium, silicon, oxygen and hydrogen. Its physical properties make it one of the softest naturally occurring minerals. There are different grades of talc, with varying degrees of purity (or presence of other minerals). Talc is milled to different particle sizes, with the finest talc used in cosmetics, pharmaceuticals, and some food products. Talc may be used in products to absorb moisture, prevent caking, improve consistency, or to make a product opaque. Talc is an ingredient used in personal care products such as loose powders (e.g., talcum powder, baby powder, blush, eye shadow), and in other forms (e.g., pressed powder, liquid makeup). It is also used in some food items, such as rice and chewing gum, and to manufacture pill tablets. Talc may also be used during athletic or other activities (e.g. drumming). Talc is an industrial mineral, which is composed of hydrated magnesium sheet-silicates with theoretical formula of Mg3Si4O10(OH)2 that belongs to the phyllo silicate family. Talc may have white, apple green, dark green or brown colors, depending on its composition. Talc is the softest one in all minerals, which has Mohs hardness ranges from (1–1.5) and a greasy feel. The specific gravity of talc is about 2.75; it is relatively inert, and water repellent. Talc is a kind of clay mineral substance comprising of hydrated magnesium silicate. It is in powder form and is found in the mixture with corn starch. Talc finds extensive application as the baby powder across the globe. The product finds lucrative applications in ceramics, cosmetic items, and paints & roofing materials. Talc Market was valued at USD 2.57 billion in 2017 and is projected to reach USD 3.35 billion by 2023, at a CAGR of 4.6% during the forecast period. Moreover, burgeoning demand for lightweight plastic components of vehicles made from talc reinforced polypropylene to enhance vehicle performance, fuel efficacy, and durability will impel the business scope. Beneficial features such as corrosive resistance and resistant against abrasiveness is anticipated to make talc more popular across the globe. Apart from this, the population explosion witnessed in the emerging economies along with rise in the per capita income of middle income group population in these economies has transformed into lucrative demand for consumer items like ceramics, pharmaceuticals, and ceramics. This will propel the product demand. In addition to this, the thriving manufacturing as well as service sectors will propel the market growth. Region wise, the talc market can be divided into five main regions: Europe, Latin America, North America, Asia Pacific, and the Middle East and Africa. Asia Pacific region is likely to contribute notably toward the overall talc industry with the thriving manufacturing and infrastructural sector. With humungous presence of mineral and chemical manufacturing firms in the region as a result of cost-effective production facilities, the market is anticipated to gain traction over the years to come. Country like China is the global leader in white talc production and is also a supplier of talc to other countries. Moreover, escalating growth witnessed in automotive and household sectors in the countries such as Italy, France, and the UK will boost the market trends in Europe. Furthermore, North America and Latin American regions have huge market growth potential and are likely to exhibit incredible surge over the forthcoming years. As a whole any entrepreneur can venture in this project without risk and earn profit.
Plant capacity: Cosmetic Grade Talc : 32 MT / DayPlant & machinery: Rs 143 lakhs
Working capital: -T.C.I: Cost of Project : Rs 954 lakhs
Return: 26.00%Break even: 62.00%
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Municipal Waste Treatment

Municipal Solid Waste management is one of the most vital issues in the contemporary urban environments particularly in developing countries. The estimated quantity of Municipal Solid Waste (MSW) generated worldwide is 1.7-1.9 billion metric tons. In many cases, municipal wastes are not well managed in developing countries, as cities and municipalities cannot cope with the accelerated pace of waste production and waste collection rates are often lower than 70 per cent in low-income countries. More than 50 per cent of the collected waste is often disposed of through uncontrolled land filling and about 15 per cent is processed through unsafe and informal recycling. In most urban centers of developing countries, municipal solid waste management (MSWM) is highly unsatisfactory and beyond the capabilities of their economic setup for handling and disposal. Hence, the issue of MSWM is major concern in many urban areas of low-income developing countries, though their waste generation is low in comparison with middle income and industrialized countries. Solid waste generation: Currently the daily solid waste generation in the city of Addis Ababa is estimated to be 0.5 kg per capita per day, the density ranges from 205 to 370 kg m-3 and the daily waste generation has reached to 2,750 m3. Therefore, considering the city’s population of 3.5 million people, it is estimated that approximately one million m3 of solid waste is generated per year. The global waste management market size is expected to reach $530.0 billion by 2025 from $330.6 billion in 2017, growing at a CAGR of 6.0% from 2018 to 2025. Waste management is the process of treating solid wastes, and involves different solutions to recycle items. It includes activities from its inception to final removal, such as collection, transport, treatment, and disposal of waste along with inspection and regulation. Increase in environmental awareness, rapid industrialization, surge in population, and rise in urbanization foster the growth of the global waste management market. In addition, implementation of stringent government norms toward open dumping is expected to fuel the waste management market growth. Furthermore, uncollected waste and dumping are impacting on health directly or directly, which is expected to increase demand for waste management services. However, lack of awareness in developing countries and dearth of investments in solid waste management framework impede the growth for waste management industry analysis. The impact of the driving factors is expected to surpass that of the restraints; hence, the market is projected to grow at a CAGR of 6.0% from 2018 to 2025. The market includes domestic consumables mainly furniture, product packaging, clothing, grass clippings, bottles, newspapers, food scraps, and appliances. These scraps mainly originate from several schools, homes, hospitals, and other commercial establishments. The demand for municipal solid waste management across the residential sector will witness significant gains on account of the ongoing urbanization along with increasing consumer spending toward manufactured goods.
Plant capacity: Organic Compost :300 MT / Day Refuse Derivated Fuel (RDF): 66.7 MT / Day Plastics: 20 MT / Day Inerts: 86.7 MT / Day Recyclables: 73.3 MT / DayPlant & machinery: Rs 2038 lakhs
Working capital: -T.C.I: Cost of Project: Rs 3239 lakhs
Return: 26.00%Break even: 44.00%
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IV Fluids (BFS Technology)

Intravenous fluids are fluids which are intended to be administered to a patient intravenously, directly through the circulatory system. These fluids must be sterile to protect patients from injury, and there are a number of different types available for use. Many companies manufacture packaged intravenous fluids, as well as products which can be mixed with sterile water to prepare a solution for intravenous administration. Fluids are given when someone's body fluid volume falls. There are a number of things which can cause a drop in fluid volume. Vomiting and diarrhea are a classic example, which is why people are encouraged to drink fluids when they are sick, to keep their fluid volume stable. Another cause is blood loss, which causes problems both because people lose blood products, and because they experience a loss in fluid volume. Electrolyte levels in the blood can also become unstable as a result of rapid changes in fluid volume, in which case intravenous fluids can be used to restore the balance. The global Intravenous (IV) solutions market was valued at USD 6.9 billion in 2015 and is projected to grow at a CAGR of 7.8% over the forecast period. The emergence of this market is attributed to the fast growing geriatric population and prevalence of malnutrition in the elderly and pediatric population. Intravenous (IV) solutions are fluids which are intended to be administered to a patient directly into the venous circulation. These fluids are sterile fluids which protects patients at the time of serious dehydration. There are various type of IV solutions available for use in the market. Many companies manufactures packaged intravenous fluids or products or compounds which can be mixed with sterile water to prepare a solution for intravenous administration. The market for Intravenous (IV) Solution is expected to reach USD 11,511.2 million by 2022 and is expected to grow at a CAGR of 7.69% during the forecast period 2016-2022. The factors which drive the growth of the market are the rising prevalence of chronic diseases, rising acceptance of vitamin C intravenous treatment therapy to treat colorectal cancer. This is attributed to the factors such as Growing acceptance of vitamin C intravenous for Colorectal Cancer and increasing prevalence of the chronic diseases. Europe is the second largest market which is growing at a CAGR of 8.12% from 2016-2022. Asia-Pacific region is the fastest growing market for IV Solutions, which is expected to grow at a CAGR of 8.34% during the forecast period from 2016 to 2022. As a whole any entrepreneur can venture in this project without risk and earn profit.
Plant capacity: IV Fluids (500 ml Pack): 22,400 Packs / Day IV Fluids (250 ml Pack): 22,400 Packs / DayPlant & machinery: Rs 2505 lakhs
Working capital: -T.C.I: Cost of Project: Rs 4334 lakhs
Return: 27.00%Break even: 42.00%
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Mining of Mineral Ore with Processing and Beneficiation for Production of Red Iron Oxide

Iron & steel is the driving force behind industrial development in any country. The vitality of the Iron & Steel Industry largely influences a country's economic status. The mining of iron ore, an essential raw material for Iron & Steel Industry, is arguably of prime importance among all mining activities undertaken by any country. With the total resources of over 33.276 billion tonnes of haematite (Fe2O3) and magnetite (Fe3O4), India is amongst the leading producers of iron ore in the world. The primary use of iron ore is in the production of iron. Most of the iron produced is then used to make steel. Steel is used to make automobiles, locomotives, and ships, beams used in buildings, furniture, paper clips, and tools, reinforcing rods for concrete, bicycles, and thousands of other items. It is the most-used metal by both tonnage and purpose. Steel is a processed form of pig iron with impurities such as silicon, phosphorus and sulfur removed and with a reduction in the carbon content. Globally, steel's versatility is unsurpassed. Wrought iron (low carbon) and cast iron (pig iron) also have important markets. One of the most ubiquitous products in Australia is corrugated iron, a structural sheet steel shaped into parallel furrows and ridges. Global iron ore production will modestly grow to 3,119 million tonne by 2028 from 2,850 million in 2019, Fitch Solutions Macro Research said in a report today. This represents an average annual growth of 0.5 per cent during 2019-2028, which is a significant slowdown from an average growth of 2.9 per cent during 2009-2018, it said. The supply growth would be primarily driven by India and Brazil where major miner Vale is set to expand output with its new mine. On the other hand, miners in China, which operate at the higher end of the iron ore cost curve will be forced to cut output due to fall in ore grades. India’s finished steel consumption grew at a CAGR of 5.69 per cent during FY08-FY18 to reach 90.68 MT. India’s crude steel and finished steel production increased to 106.56 MT and 131.57 MT in 2018-19, respectively. In FY20 (till November 2019), crude steel and finished steel production stood at 73.17 MT and 67.52 MT respectively. During 2018-19, 6.36 MT of steel was exported from India. Exports and imports of finished steel stood at 5.75 MT and 5.07 MT, respectively, in FY20P (up to November 2019). As a whole any entrepreneur can venture in this project without risk and earn profit. Government Initiatives Some of the other recent government initiatives in this sector are as follows: • Government introduced Steel Scrap Recycling Policy aimed to reduce • import. • An export duty of 30 per cent has been levied on iron ore^ (lumps and fines) to ensure supply to domestic steel industry. • Government of India’s focus on infrastructure and restarting road projects is aiding the boost in demand for steel. Also, further likely acceleration in rural economy and infrastructure is expected to lead to growth in demand for steel. • The Union Cabinet, Government of India has approved the National Steel Policy (NSP) 2017, as it seeks to create a globally competitive steel industry in India. NSP 2017 envisages 300 million tonnes (MT) steel-making capacity and 160 kgs per capita steel consumption by 2030-31. • The Ministry of Steel is facilitating setting up of an industry driven Steel Research and Technology Mission of India (SRTMI) in association with the public and private sector steel companies to spearhead research and development activities in the iron and steel industry at an initial corpus of Rs 200 crore (US$ 30 million). • The Government of India raised import duty on most steel items twice, each time by 2.5 per cent and imposed measures including anti-dumping and safeguard duties on iron and steel items. Huge scope for growth is offered by India’s comparatively low per capita steel consumption and the expected rise in consumption due to increased infrastructure construction and the thriving automobile and railways sectors. Few Indian major players are as under Mineral Enterprises Ltd. Mandovi Pellets Ltd Idcol Kalinga Iron Works Ltd. Essel Mining & Inds. Ltd. Brahmani River Pellet Ltd. Bonai Industrial Co. Ltd. Arya Iron & Steel Co. Pvt. Ltd Odisha Mining Corpn. Ltd. Obulapuram Mining Co. Pvt. Ltd.
Plant capacity: Iron Ore: 2,400 MT / DayPlant & machinery: Rs 527 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1798 lakhs
Return: 30.00%Break even: 61.00%
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