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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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Soyabean Products (Soya Milk, Soya Paneer & Soya Extract)

Soyabean is one of the most important agro based product, which has commercial value after that rice, wheat, maize etc. Soya bean generally cultivated in the tempered region with water availability. Soya beans have been used for human nutrition for more than 5000 years. Today, soya bean is an important source of protein and oil in human nutrition, especially in Asia. In other parts of the world, soy based foods are consumed merely due to its healthy image. Several health benefits have been found in soy proteins e.g.: • Cardiovascular health • Bone Health • Menopausal symptoms • Cancers • Cognition Glycemic Index • Weight loss/control During the current season, soybean acreage was up 6.7 per cent to 10.84 million hectare (ha) from 10.16 million ha in the previous season. Average yield rose 29 per cent to 1,059 kg per ha for the current harvesting season from 823 kg in the previous season. The global soybean market reached a volume of almost 347 million metric tons between 2018 and 2019. The market is further expected to grow at a CAGR of 2% in the forecast period of 2020-2025 to reach a volume of 373 million metric tons by 2025. The global soybean market based on production is led by the United States, accounting for about 35% share of the global output. The country is followed by Brazil, China, Argentina, and India as the largest producers of soybean. The soybean market in India is expected to witness a healthy growth in the coming years due to import restrictions on refined palm oil and palm olein from Malaysia imposed in January 2020. The growing awareness on benefits of soy milk in dessert and beverage is anticipated to positively affect the global market. The availability of various flavors to enhance the taste of soy milk is projected to further drive the demand for this market among adults and children. Due to the large scale production of soybean in Asia pacific countries such as India, China, Japan, the APAC region held the highest market share across the globe. China has a high consumption of soy milk in the total market. Moreover, North America is projected to grow with a significant growth rate of more than 6% during the forecast period. The increasing trend in avoiding non-dairy products is anticipated to further drive the demand for soy milk market. Increase in demand for natural based products majorly in nutraceuticals, food & beverages, animal feed and dietary supplements may fuel Soya extract market growth. Rapid urbanization along with health conscious consumers willing to spend in healthy diets majorly in U.S., China, India and South East Asia may further promote industry market growth. Few Indian major players are as under Shrinathji Solvex Ltd. Shanti Overseas (India) Ltd. Ruchi Soya Inds. Ltd Mahakali Foods Pvt. Ltd. Kriti Nutrients Ltd. Hershey India Pvt. Ltd. Bio Nutrients (India) Pvt. Ltd.
Plant capacity: Soya Milk: 2,400 Litrs / Day Soya Paneer: 400.0 Kgs / Day Soya Extract: 22,000.0 Kgs / Day Soya Oil (Bye Product): 2,750.0 Litrs / Day Okara (Bye Product): 960.0 Kgs / DayPlant & machinery: Rs 86 lakhs
Working capital: -T.C.I: Cost of Project : Rs 793 lakhs
Return: 21.00%Break even: 60.00%
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Surgical & Examination Latex Rubber Gloves

A surgical (surgeon’s) glove is made of natural or synthetic rubber intended to be worn by operating room personnel to protect a surgical wound from contamination. Surgical gloves have more precise sizing (numbered sizing, generally from size 5.5 to size 9), and are made to higher specifications. They are hand specific. Due to the increasing rate of latex allergy among health professionals as well as in the general population, there has been an increasing move to gloves made of non-latex materials such as vinyl or nitrile rubber. However, these gloves have not yet replaced latex gloves in surgical procedures, as gloves made of alternate materials generally do not fully match the fine control or greater sensitivity to touch available with latex surgical gloves. An Examination gloves (patient examination) glove is a disposable device intended for medical purposes that is worn on the examiner’s hand or finger to prevent contamination between patient and examiner. They are ambidextrous Examination grade gloves, also sometimes referred to as medical gloves, were originally designed for non-surgical medical procedures, but are also used in a variety of other applications where users seek added peace of mind regarding the glove quality. The demand for rubber gloves is rapidly increasing on account of rapid industrialization and urbanization of our country currently taking place. Several workers in the chemical, electrical and food processing industries use rubber gloves. Similarly, the number of people using gloves for household purposes during handling of detergents, floor polishes, pesticides and the like is also increasing especially in the urban areas. Indian surgical glove market is growing at 15% while the demand for examination gloves has been rising by 20%per annum. St Mary’s is the largest supplier of centrifugal latex under the brand Cenex, a crucial raw material for manufacturing rubber dipped goods like gloves, balloons, condoms and rubber bands. Indian surgical glove market is growing at 15 per cent while the demand for examination gloves has been rising by 20 per cent per annum. The Global Rubber Gloves market is expected to grow at a CAGR of 8.5% between 2014 and 2022. The factors such as rising healthcare expenditure, increasing health threats and increasing hygiene awareness and healthcare regulations are driving the market growth. With a projected compound annual growth rate (CAGR) of 9.2 percent from 2015 to 2020, the global surgical gloves market provides immense opportunities for penetration and growth. Asia-Pacific is driving the expansion of surgical gloves, largely due to rising healthcare spending and increase in total annual surgeries. Global growth is boosted by improved economic conditions and a greater focus on healthcare by administrators in key developing economies such as China, India and Indonesia. Few Indian major players are as under T T K Biomed Ltd. Sri Kannapiran Mills Ltd. Mega Meditex Ltd. London Rubber India Ltd. J K Ansell Pvt. Ltd. Asian Latex Ltd. Acknit Industries Ltd.
Plant capacity: Surgical Latex Rubber Gloves (Wt. 16 Gms each) : 3,750 Pairs / Day Examination Latex Rubber Gloves (Wt. 4 Gms each) : 3,750 Pairs / DayPlant & machinery: Rs 66 lakhs
Working capital: -T.C.I: Cost of Project: Rs 227 lakhs
Return: 15.00%Break even: 55.00%
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E-Waste Recycling Plant

Electronic wastes, "e-waste", "e-scrap", or "Waste Electrical and Electronic Equipment" ("WEEE") is a description of surplus, obsolete, broken or discarded electrical or electronic devices. Technically, electronic "waste" is the component which is dumped or disposed or discarded rather than recycled, including residue from reuse and recycling operations. Because loads of surplus electronics are frequently coming led (good, recyclable, and non-recyclable), several public policy advocates apply the term "e-waste" broadly to all surplus electronics. Electronic Waste – or e-waste – is the term used to describe old, end-of-life electronic appliances such as computers, laptops, TVs, DVD players, mobile phones, mp3 players etc. which have been disposed of by their original users. While there is no generally accepted definition of e-waste, in most cases, e-waste comprises of relatively expensive and essentially durable products used for data processing, telecommunications or entertainment in private households and businesses. The rising levels of e-waste generation in India have been a matter of concern in recent years. With more than 100 crore mobile phones in circulation, nearly 25 per cent end up in e-waste annually. “India has surely emerged as the second largest mobile market with 1.03 billion subscribers, but also the fifth largest producer of e-waste in the world, discarding roughly 18.5 lakh metric tonnes of electronic waste each year, with telecom equipment alone accounting for 12 per cent of the e-waste’’. The fastest growing sources of waste and is estimated to be increasing by 16-28 per cent every five years. Within each sector a complex set of heterogeneous secondary wastes is created. Although treatment requirements are complicated, the sources from any one sector possess many common characteristics. However, there exist huge variations in the nature of electronic wastes between sectors, and treatment regimes appropriate for one cannot be readily transferred to another. The ‘Electronic Waste Management in India,’ conducted to mark World Environment Day, said as Indians become richer and spend more on electronic items and appliances, computer equipment accounts for almost 70% of e-waste material, followed by telecommunication equipment (12%), electrical equipment (8%) and medical equipment (7%). Other equipment, including household e-crap account for the remaining 4%. India is emerging as one of the world's major electronic waste generators, posing grave concerns to public health and environment alike. Industry body Assocham, said India’s ‘production’ of e-waste is likely to increase by nearly three times, from the existing 18 lakh metric tons (MT) to 52 lakh MT) per annum by 2020 at a compound annual growth rate (CAGR) of about 30%.The Global Electronic Waste Recycling Market is expected to expand at 13.03% CAGR to reach a market value of 39,498.81 Million in 2024. A mere 1.5% of India's total e-waste gets recycled due to poor infrastructure, legislation and framework which leads to a waste of diminishing natural resources, irreparable damage of environment and health of the people working in industry. Over 95% of e-waste generated is managed by the unorganized sector and scrap dealers in this market, dismantle the disposed products instead of recycling it. The market in Asia-Pacific has been categorized as China, Japan, India, and the rest of Asia-Pacific. The market in Asia-Pacific is expected to register the highest CAGR of 15.25% during the forecast period. Japan is expected to be a leading country-level market and is expected to register a 12.75% CAGR. India is expected to be the fastest-growing country-level market, expected to register the highest CAGR over the next few years. This is due to the growing population in the region. Also, growing awareness of e-waste recycling and government initiatives are the major factors for the growth of the market.
Plant capacity: Plastic Granules: 470 Kgs / Day Glass Scrap: 353 Kgs / Day Copper Scrap: 294 Kgs / Day Precious Metals (Nickel, Tin & Zinc): 60.00 Kgs / Day Gold : 0.0192 Kgs / Day Silver: 0.0384 Kgs / Day Palladium: 0.0010 Kgs / DaPlant & machinery: Rs 107 lakhs
Working capital: -T.C.I: Cost of Project : Rs 336 lakhs
Return: 28.00%Break even: 58.00%
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Corn Flakes

Corn flakes being one of most nutritious foods and is consumed as breakfast food not only in India but-elsewhere in the world. Basically, it is prepared from maize; this is the main raw material. Flavours, like sugar or salt, are also added. Maize, the main raw material, is itself a corn grain. India is predominantly an agricultural country. Due to the progressive increase in farm produce a need has been felt to develop more agro based food-processing industries to make gainful utilization of the raw material resources and to provide remunerative prices to the growers. Maize is one of the important commercial food-grains grown abundantly in our country. Corn flakes are a healthy and nutritious food. This type of food business is popular in both developed and developing countries. Apart from popcorns, this is one of the most popular commercial items can produce from maize. Additionally, it is a very popular food for breakfast. Generally, people take this food with warm milk. It is a very quick meal and acts as the appetizer also. In India and many other corn flakes are mostly taken in breakfast. Mostly it is taken with milk though it can be had in many other ways also depending one's taste. As a breakfast meal, corn flakes are soaked in milk and then taken. It is very quick meal and acts as appetizer also. Now a days people don't like to have chapattis or paranthas in all the four meals which they have been having for long. Corn flakes is good substitute for such people. The global breakfast cereal market size was valued at USD 37.44 billion in 2016. It is projected to expand at a CAGR of 4.3% from 2017 to 2025. Breakfast cereals are available in different variety, but the essential ingredient is grains. Commonly used grains include oats, rice, barley, wheat, and corn. Few hot cereals such as oatmeal does not comprise any other ingredient while other variants may include coloring agents, yeast, salts, minerals, vitamins, sweeteners, and food preservatives. Food habits have taken a healthy turn since then, although not at the pace Kellogg would have liked, and the acceptance of cereals, cornflakes, oats and muesli has improved. Kellogg has tried every trick in the bag with smaller and more affordable packs, variants for evening meals and niche products such as Special K cornflakes for women. Of the Rs 400-crore cornflakes market (growing at 20 per cent per annum), it now commands around 70 per cent. Consumers are getting more health conscious and there is an emerging market for cereals. Going forward, even packed forms of breakfast will gain prominence as people don’t have the time in the morning. The market for breakfast cereals is still very small. While the packaged food market is valued at Rs 33,234 crore, the organized breakfast cereal market is just Rs 250 crore. The unorganized breakfast market is far bigger than the organized one. Milk and fruit are the preferred choice. The import is clear: Kellogg’s will have to work really hard to grow the market. Few Indian major players are as under Bagrrys India Pvt. Ltd. Kellogg India Pvt. Ltd K C L Ltd Mohan Meakin Ltd Mysore Sales International Ltd. Natureland Organic Foods Pvt. Ltd. Riddhi Siddhi Gluco Biols Ltd.
Plant capacity: Corn Flakes: 5 MT/ DayPlant & machinery: Rs 151 lakhs
Working capital: -T.C.I: Cost of Project : Rs 426 lakhs
Return: 27.00%Break even: 61.00%
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Linear Alkyl Benzene Sulphonic Acid

Linear Alkyl Benzene Sulphonic Acid is a largest volume synthetic surfactant because of its relatively low cost, good performance, the fact that it can be dried to a stable powder and the biodegradable environmental friendliness. LAB Sulphonic Acid is an anionic surfactant widely used in formulation of all ranges of Domestic Detergents Powder, Cake & Dish wash cleaners. Due to its high active matter, miscibility with water and low salt content, it is also used in formulation of Industrial & Household liquid cleaners as well as in numerous industrial applications like as a coupling agent and as an emulsifier for agricultural herbicides and in emulsion polymerization. Linear Alkyl Benzene Sulphonic Acid is an anionic surface active agent with superior detergency and compatibility with a broad range of other anionic, nonionic and amphoteric surfactants. Linear alkyl benzene is a family of organic compounds with the formula C6H5CnH2n+1. Its appearance is colour less oily liquid and has a density 0.8628 g cm-3 and boiling point of 282-302°C. Linear alkyl benzene (LAB), the material used to produce LAS, is derived exclusively from petroleum derivatives: benzene and linear paraffin’s. Linear alkyl benzenes (LAB) are compounds that have significant commercial importance. Linear alkyl benzene sulfonate (LAS) compounds made by suffocation of linear alkyl benzene are used in the manufacture of detergents and other products. Because linear alkyl benzenes are more easily biodegradable than branched alkyl benzenes, linear alkyl benzenes have essentially replaced branched alkyl benzenes in detergents and other products. In particular, linear alkyl benzenes with long alkyl chains, such as chains having about 10 to about 14 carbons, are commonly used. Rise in demand for industrial cleaners to maintain industrial hygiene is also boosting the linear alkyl benzene sulfonic acid market in the region. The U.S. is a leading consumer of linear alkyl benzene sulfonic acid in North America. Rise in demand for biodegradable surfactants in the country is expected to hamper the linear alkyl benzene sulfonic acid market in North America. Latin America and Middle East & Africa are projected to provide lucrative opportunities to manufacturers in the near future due to the rapid urbanization and industrialization. The global Linear Alkyl Benzene Sulphonic Acid market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.3% in the forecast period of 2020 to 2025 and will expected to reach USD 4234.1 million by 2025, from USD 3711.3 million in 2019. Today, India is one of the largest producers of soaps in the world. The per capita consumption of toilet/bathing soap in the country is around 800 grams. Around 65% of the Indian population resides in rural areas, and the increasing disposable incomes and growth in the rural markets are making the consumers shift to premium products. Asia-Pacific region dominated the global market share and is likely to continue its dominance during the forecast period. With the growing personal care industry and increasing need for cleaners in countries, such as China, India, and Japan, the usage of linear alkyl benzene is increasing in the region. Few Indian major players are as under Tamilnadu Petroproducts Ltd. Reliance Industries Ltd Nirma Ltd.
Plant capacity: Linear Alkyl Benzene Sulphonic Acid: 20 MT / DayPlant & machinery: Rs 384 lakhs
Working capital: -T.C.I: Cost of Project: Rs 757 lakhs
Return: 26.00%Break even: 50.00%
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Banana Wafers

Fried banana wafers are a deep fried snack food prepared from green fresh mature bananas of the cooking variety. Success in deep-fat frying of snack foods depends upon several factors, such as (a) the use of proper raw material of optimum maturity or quality, (b) correct method of preparation, (c) use of suitable equipment, (d) selection of appropriate fat or oil as frying medium, (e) optimum time and temperature of frying, (f) efficient packaging, and (g) proper storage. Though consumption of these products is at present very high there is no systematic quality control. The formulation of this standard is intended to assist in the manufacture and sale of standardized, nutritious, safer and more hygienically processed products. Fried banana wafers are prepared by peeling and slicing fully matured but unripe bananas and deep-fat frying the slices in suitable edible oil or fat, or combinations thereof. The bananas are sliced breadth wise to give thin circles that are dropped straight into the frying medium held at proper temperature for a time to render them crisp. Salt and other seasonings are added after frying. When coconut oil is used, antioxidants are not found useful. India is the largest producer of banana in the world and about 90% of banana produced is consumed domestically as fresh fruit. Merely 5% is consumed in processed form providing a good potential for future processing. About 2.5% is only processed purely as banana products and the rest as an ingredient in other foods. About 17 varieties of products could be made from banana. The primary product of banana in market is “fried wafers and candy” which constitute around 31%, rest as banana puree 9%, banana pulp 3%, banana beer 3%, banana wafers 3%, banana powder 6% and others. The Global Snack Food Market was valued at USD 450 billion in 2017 and is expected to reach a value of USD 638 billion by 2023 at a CAGR of 5.79% during the forecast period (2018-2023). While the factors like demand for urbanization and change in lifestyle fuel the growth of the market, whereas government rules and health concerns are hindering the market growth. The growing demand in developing regions and development of innovative products provides ample growth opportunities. India wafers market has shown remarkable growth in past couple of years. The market is forecasted to grow with a CAGR of more than 9% in near future. Currently, the growing young population represents a key segment for the potato wafers, banana wafers, and tortilla wafers market. Major factors driving the global demand of wafers are growing urbanization, rise in disposable incomes and rapidly changing lifestyles. A busy lifestyle coupled with long working hours have forced people to shift from elaborate luncheons and meals to desk snacks and packaged foods. There is a good market demand of all banana products. There is an ample of new local market growing in India. Huge scope exists for banana wafers as these ready-to-eat snacks are much popular among students and the general public. They could be sold to hotels, restaurants, shops and super markets. About 17 varieties of products could be made from banana. The primary product of banana in market is “fried wafers and candy” which constitute around 31 %, rest as banana puree 9%, banana pulp 3%, banana beer 3%, banana wafers 3%, banana powder 6% and others. Few Indian major players are as under Balaji Wafers Pvt. Ltd Hello Indo Food Products Pvt. Ltd. A D F Foods Ltd. Sweet India Pvt. Ltd. Sushma Snacks Pvt. Ltd. Pure N Sure Food Bites Pvt. Ltd. Parle Products Pvt. Ltd. Laxmi Snacks Pvt. Ltd. Kishlay Foods Pvt. Ltd.
Plant capacity: Banana Wafers (40 gms size): 10,700 Packets / Day Banana Wafers (20 gms size): 21,300 Packets / Day Banana Wafers (10 gms size): 42,600 Packets / DayPlant & machinery: Rs 37 lakhs
Working capital: -T.C.I: Cost of Project : Rs 393 lakhs
Return: 30.00%Break even: 53.00%
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Aqua Fish Feed

The fish culture has undergone a dramatic worldwide growth in the last few years. The aquaculture industry is the fastest growing food production industry in the world and approximately 50% of all fish consumed by humans is from aquaculture. Nutrition plays a vital role in improving animal productivity. Understanding about the nutritional requirements and production of fish feed is essential to the development and sustainability of aquaculture as the industry has matured. Prepared or artificial diets may be either complete or supplemental. Complete diets supply all the ingredients, protein (18-50%), lipid (10-25%), carbohydrate (15-20%), ash (<8.5%), phosphorus (<1.5%), water (<10%), and trace amounts of vitamins, and minerals necessary for the optimal growth and health of the fish. Fish feed are placed in the middle of the aquaculture value chain. Raw materials of marine or land based origin are mixed with other important ingredients to feed pellets, which through their transformation in the fish are important for the final quality of the fresh fish or the processed fish products for the consumers. Fish farmers in India have increased access to high-quality feed this year, as Cargill has opened its first feed plant dedicated to fish species in the country .The plant, located in Vijayawada and acquired from Mulpuri Foods & Feeds, reflects the company’s commitment to bring farmers safe, high-quality aqua feed solutions, according to a press release. It marks an important step in Cargill’s work to develop its aqua feed business in India and across Asia. Feed processing plant sell feed mainly in the forms of distributor and dealer, breeding enterprise directly purchase feed from the pant. Feed pants are also exploring ways to increase sales and market share with discounts. In India, feed can be sold on credit, if in a large amount of credit, many small feed enterprises are faced with a loss, and considering to sell the factory, only large feed enterprise with strong source of funds can survive. The price is different between credit and cash, the retail price of per kg Southern white leg shrimp is about $1.1-$1.4. Farmers pay cash to buy feed can have a discount of 10-15%. India has become the world’s second major aquaculture countries, the annual growth rate of aquaculture production will reach 8% in the next 5 years, and floating expanded feed system is gradually combined with aquaculture technology. In addition to ensuring sustainable development of the aquaculture industry, using of floating expanding fish feed can make the fish grow faster, be higher yield, higher feed conversion rate and economic efficiency than the traditional feeding mode. The India Aquaculture Feed Market was valued at USD 1.20 billion in 2017 and is expected to register a CAGR of 10.4% during the forecast period (2018-2023). India feed mills have the capacity to produce 2.88 million metric ton. Andhra Pradesh is the largest feed consuming state in India. The coastal line of the country is about 7,517 kilometers with 195.20 kilometers of river and canal systems. The country consists of 14 rivers, 44 medium rivers, and many small rivers. The country also has tanks and ponds. By these sources, it is clear that the aquaculture industry is huge in India which provides huge opportunity and potential for aquaculture feed industry. Increase in consumption of seafood and rising per capita income are the factors driving the growth of the aqua feed market. Seafood is a good source of vitamins and minerals which helps in maintaining nutrient diet. As seafood is free from harmful carbohydrates, it protects humans from heart diseases. With the flourishing seafood business and additional demand from domesticating acquitting animals, we have a profitable aqua feed market. As per our recent business intelligence report, the global aqua feed market size was $44.2 billion to $44.6 billion as of 2018, and the market demand is projected to increment at a healthy CAGR of 4% to 6% over the forecast period of 2019 to 2025. Few Indian major players are as under Waterbase Ltd. Taiyo Feed Mill Pvt. Ltd. Somkan Marine Foods Ltd. Rasoya Proteins Ltd. Mulpuri Foods & Feeds Pvt. Ltd. Growel Feeds Pvt. Ltd. Kwality Feeds Ltd
Plant capacity: Fish Feed: 60 MT / Day Prawn Feed: 60 MT / DayPlant & machinery: Rs 845 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1702 lakhs
Return: 27.00%Break even: 55.00%
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Hot Melt Adhesives (For Book binding, Packaging and Courier bag)

An adhesive is generally characterized as a material capable of bonding separate articles together by adhering to the surfaces of both articles. The selection of an adhesive bonding agent for a particular use is governed by the chemical and physical properties of the adhesive bonding agent composition and the chemical and physical properties of the surfaces of the articles to be bonded. Some of the chemical and physical properties to be considered when an adhesive binding agent is selected are: 1. The affinity of the surfaces to be bonded to the adhesive bonding agent. 2. The ability to the adhesive bonding agent to adequately wet surface to be bonded. 3. The ability of the adhesive bonding agent to be placed in intimate contact with the surface to be bonded. 4. The cohesive strength of the adhesive bonding agent itself. 5. The chemical reactivity of the adhesive agent with the surface to be bonded. Melt adhesives are bonding agents which achieve a solid state and resultant strength by cooling as contrasted with other adhesives which achieve the solid state through evaporation or removal of solvents. Prior heating, a hot-melt adhesive is a thermoplastic, 100 percent solid material, all adhesive. Application of heat brings the material to the liquid state, and after removal of the heat, it sets by simple cooling. Hot Melt Adhesives be defined as adhesives that melt and flow on application of heat and solidifies on cooling to give a strong adhesion. Hot melt adhesives are solvent-free, solvent-free, solid compounds that have negligible or no VOC (volatile organic compound) compared to solvent-based adhesives. The global market for hot melt adhesives is gaining significant impetus from the rise in the trading activities, leading to a high demand for packaging. The increasing construction activities across the world is also fueling the need for hot melt adhesives substantially. On the other hand, the volatility in crude oil prices and the easy availability of substitutes are likely to create hindrances in the higher adoption of hot melt adhesives across the world in the years to come. The global Hot Melt Adhesives (HMA) market size exceeded USD 6.60 billion, globally in 2018 and is estimated to grow at over 6.4% CAGR between 2019 and 2022, projected to reach USD 9.46 billion by 2022, in terms of value. The HMA market is driven by the increasing demand for HMA from applications such as packaging solutions, nonwoven hygiene products, and consumer DIY. Hot melt adhesives are formulations based on thermoplastic polymers which can be softened and reshaped on heating above their melting point. These adhesives are applied on a material in liquid state and offer easy to clean application with minimum toxicity. They are served in a wide array of industries such as packaging owing to their high stability & strength, making them a suitable alternative to solvent-borne adhesives. Increasing product innovations in hygiene solutions to reduce waste, provide comfort & improve absorption has enabled the development of unique adhesives to manufacture disposable hygiene products will drive the growth of hot melt adhesives market. Hot melt adhesives demand is attributed towards rising importance regarding disposable hygiene products and growing government initiatives to promote health & wellness among individuals. With increasing awareness for personal hygiene, consumers are looking for products with enhanced features such as better absorption and improved softness which has augmented the adoption of environment friendly disposable adhesives. Few Indian major players are as under 3M India Ltd. Ciba India Ltd. D H Resins & Chemicals Pvt. Ltd. Eftec (India) Pvt. Ltd. H B Fuller India Adhesives Pvt. Ltd. Henkel Anand India Pvt. Ltd. Renuka Adhesives Ltd. Polyinks Ltd.
Plant capacity: Hot Melt Adhesive for Book Binding: 300 Kgs / Day Hot Melt Adhesive for Packaging: 250 Kgs / Day Hot Melt Adhesive for Courier Bag: 250 Kgs / DayPlant & machinery: Rs 96 lakhs
Working capital: -T.C.I: Cost of Project : Rs 283 lakhs
Return: 23.00%Break even: 55.00%
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Fruit Wine

Fruit wines are fermented alcoholic beverages made from a variety of base ingredients (other than grapes); they may also have additional flavors taken from fruits, flowers, and herbs. This definition is sometimes broadened to include any fermented alcoholic beverage except beer. For historical reasons, mead, cider, and Perry are also excluded from the definition of fruit wine. Fruit wines have traditionally been popular with home wine makers and in areas with cool climates such as North America and Scandinavia; in East Africa, India, and the Philippines, wine is made from bananas. Fruit wines are usually referred to by their main ingredient (e.g., plum wine or elderberry wine) because the usual definition of wine states that it is made from fermented grape juice. Being fruit-based fermented and uninstalled product, wine contains most of the nutrients present in the original fruit juice. The nutritive value of wine is increased due to the release of amino acids and other nutrients from yeast during fermentation. Fruit wines contain 8–11% alcohol and 2–3% sugar with energy value ranging between 70 and 90 kcal per 100 ml. The consumption of Wine in India is found to be increasing with rise of awareness of wine as a good drink for health. The wine market of India observed growth with a CAGR of more than 25% in past five years. Growing popularity of Vineyards as tourism places, higher disposable incomes and growth in foreign tourists, promotion of wine as beneficial to health etc. are some of the reasons for such growth. Global travel and expose to other countries where drinking wine is a part of the lifestyle are also helping to drive the sales of wine in India. The global wine market was valued at US$ 296.03 billion in 2016 and is slated to reach US$ 404.64 billion by 2025. The market is expected to exhibit a CAGR of 3.23% during the forecast period (2017-2025). Still wine segment held the majority of market share with around 83% among product types in 2016, while red wine was the preferred option among all customer groups. Changing taste and new preferences among consumers and rising demand for new and exotic flavors such as Riesling wine and other tropical fruit wine is fuelling the growth of the wine market. The market for sparkling wine segment is expected to grow at a CAGR of 4.94% during the forecast period owing to increasing consumption of champagne during social celebrations. Asia Pacific is projected to witness the fastest growth in the wine market with countries such as China, India being the key contributors in the region. At a global level, China stands to be the largest market for alcohol consumption with the country also being one of the leading importers of wine worldwide. The ongoing recovery of the Chinese economy, growing upper middle class population and the rising disposable income is further expected to boost the consumption of wine in the country. The country is also focused towards manufacturing its domestic wine, further promoting the growth of wine in the country. Few Indian major players are as under York Winery Pvt. Ltd. Venus Cellars Pvt. Ltd. Sunmeera Grapes Wineries Pvt. Ltd. Nirvana Biosys Pvt. Ltd. Grover Zampa Vineyards Ltd. Four Seasons Wines Ltd Charosa Wineries Ltd. Century Wines Pvt. Ltd.
Plant capacity: Fruit Wine (750 ml size Bollte) : 2,666.7 Bottles / DayPlant & machinery: Rs 150 lakhs
Working capital: -T.C.I: Cost of Project : Rs 873 lakhs
Return: 26.00%Break even: 41.00%
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Paraffin Wax

Paraffin wax is an organic phase change material with high heat of fusion which in melting and solidifying at a certain temperature is capable of storing and releasing large quality of thermal energy. Melting point is the temperature variation property of paraffin wax that makes it the best choice organic phase change material used in latent heat and thermal energy storage. It is the melting point paraffin wax that allows it to be excellently used in preventing global warming and in home cooling. Liquid paraffin is also known as "white oil" or "mineral oil." It is colorless, odorless, and tasteless. This form of paraffin wax is often used in hair care products and cosmetic grade cleansing creams because of its ability to soften and resist moisture loss. White oil is also common in pharmaceutical products, food, and textiles. Chemically, paraffin wax is a mixture of saturated aliphatic hydrocarbons (with the general formula CnH2n+2).Wax is the residue extracted when lubricant oils are dew axed and it has a crystalline structure with a carbon number greater than 12.The main characteristics of wax are (1) absence of color, (2) absence of odor, (3) translucence, and (4) a melting point above 45°C (113°F). The global paraffin wax market is expected to reach USD 7.27 billion by 2025. Increasing demand for paraffin waxes in flexible packaging, candle manufacturing, rubber, and cosmetics is expected to aid in market expansion over the next nine years. Rising consumption of these products as a rheology modifier, electrical insulator, friction reducer, plasticizer, and flame retardant is expected to increase market size over the forecast period. Paraffin waxes are used in flexible packaging as they provide an excellent barrier against odor and gas transmission. The growing food & beverage sector in developing countries including China, Japan, India, South Korea, South Africa, and Brazil is expected to stimulate packaging growth, which in turn will drive product demand over the upcoming years. Asia-Pacific region dominated the global paraffin market. With the growing population and increasing per capita income, the number of houses is increasing in countries such as China and India, resulting in the increased average number of candles used by the individuals. With an increasing focus toward personal appearance, aging population, and quality of living, the use of cosmetic and personal care products is increasing in the region. The market for cosmetics in India has increased significantly since the past decade. Few Indian major players are as under X L Organics Ltd. K L J Organic Ltd Indian Oil Corpn. Ltd. Gandhar Oil Refinery (India) Ltd. Chennai Petroleum Corpn. Ltd.
Plant capacity: Paraffin Wax: 10. MT / Day Micro Crystalline Wax (Bye Product): 0.034 MT / Day Foot Oil (Bye Product) : 2.510 MT / DayPlant & machinery: Rs 312 lakhs
Working capital: -T.C.I: Cost of Project: Rs 886 lakhs
Return: 18.00%Break even: 51.00%
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