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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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Needles for Sewing and Embroidery Machine

A sewing needle, used for hand-sewing, is a long slender tool with a pointed tip at one end and a hole (or eye) at the other. The earliest needles were made of bone or wood; modern needles are manufactured from high carbon steel wire and are nickel- or 18K gold-plated for corrosion resistance. High quality embroidery needles are plated with two-thirds platinum and one-third titanium alloy. Traditionally, needles have been kept in needle books or needle cases which have become objects of adornment. Needles are offered in a wide range of sizes and the selection of needle size is based on the combination of fabric and sewing thread which is to be sewn. If the selected sewing needle is too small for the sewing thread size, the thread will not fit well into the long groove of the needle and will suffer from extreme abrasion. The use of too fine a needle while sewing heavy plies of fabric could lead to the deflection of the needle, which could influence the stitch loop pick up and cause slipped stitches or even needle breakage. Use of a larger sewing needle for the particular sewing thread resulted in poor control of the loop formation which could lead to slipped stitches. The primary reason to buy household sewing machines by end users is to enable saving on professional and labour fee on petty stitch works and also creation of custom embroidery, clothing articles. Also, growing preference for embroidery-based clothing and customization of fabric in recent commercial fashion design sector is also expected to impact the growth of household sewing machines market. The household sewing machines market in general is expected to sustain its notable presence and witness a healthy growth owing to perennial demand generating demographics consisting of female population in the globe. The global sewing machines market is projected to grow at the rate of 4.1% during the forecast period, 2018 to 2023. The large scale adoption of these automated sewing machines for most apparel and non-apparel manufacturing contributes to the growth of the sewing machine market. Supporting government policies in emerging policies, like China and India, influence textile manufacturers to adopt the latest technologies and expand their manufacturing sites, is expected to increase the demand for industrial sewing machines. However, strong presence of unorganized players and uncertainty in raw material costs are restraining the growth of sewing machines market. The future of the textile industry in India has a positive outlook and is mirrored by increasingly strong consumption rates in the domestic market as well as the growing demand for exports. Moreover, the industry has earned a unique place in the economy due to its strong future outlook, numerous employment opportunities it has generated and the strong export numbers it has generated. Asia-Pacific is the fastest growing region in the global sewing machines market. China, Japan, Australia, India, and Indonesia are the top contributing countries in the region. Many key players are entering into partnerships with the e-commerce retail stores in order to strengthen their distribution network which is likely to drive the market growth in the region. In addition, the presence of numerous manufacturing companies in the region makes a manufacturing hub. Few Indian major players are as under Singer India Ltd. Schmetz India Pvt. Ltd. Needle Industries (India) Pvt. Ltd. Groz Engineering Tools Pvt. Ltd.
Plant capacity: Sewing Needles (30 g each) per Pack 50 Pcs.: 6,400 Packs / Day Embroidery Needles (30 g each) per Pack 50 Pcs. : 1,600 Packs / Day Plant & machinery: Rs 256 lakhs
Working capital: -T.C.I: Cost of Project : Rs 939 lakhs
Return: 27.00%Break even: 59.00%
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Rice Flakes and Puffed Rice

Rice flakes industry has also an important role in popularizing wheat in traditionally non-wheat consuming regions of the country. Rice flakes consumed by people of all ages and all times. With tea and coffee, rice flakes make a tasty and nutrition’s snack. There is a definite need for the rice flakes industry to make inroads in the rural areas. Manufacturing of rice flakes products have substantial scope for development in smaller towns, village and backward areas and can provide a good number of employment opportunities at different levels. Rice is a major source of energy and an important source of protein. The availability of nutrients per 100 g of raw white rice provides 361 kcal and 6 g of protein. It also contains substantial amounts of zinc and niacin. On the other hand, it is low in calcium, iron, thiamine and riboflavin and has virtually no beta-carotene (Vitamin A). It is noteworthy that the highest the degree of polishing, the lowest the level of proteins, vitamins and minerals in the final product. Puffed rice is a commonly consumed commodity as a pastime snack. It can be used in combination with nuts such as groundnut or roasted and salted cashews; with fried gram; with Jiggery and coconut gratings, or dusted with salt and spices after enrobing with oil. Since the product is easily digested and assimilated, it finds a wide acceptance among a cross section of the households. It is a versatile product with an excellent market potential. The global edible flakes market value was estimated at nearly 14.51 (USD Billion) in 2018 and is expected to be valued at 24.75 (USD Billion) by 2025 at a cumulative growth rate of around 8%. The report edible flakes market encompasses market estimation and analysis on both the global as well as regional level. The research report offers an extensive valuation of the market, business rivalry, opportunities, sales forecasts, revenue forecasts, and industry-validated market data. The report offers historical data from 2016 to 2018 and a forecast from 2019 to 2025 based on earnings (USD Billion). Based on the product, the edible flakes industry is sectored into Wheat Flakes, Corn Flakes, Flakey Oats, and Rice Flakes. Corn flakes segment is anticipated to make major contributions towards the market revenue over the forecast period. The reason being the ability of corn flakes in improving the digestion of starch. Huge inclination towards ready-to-eat food item consumption in the developing countries is set to increase the popularity of the edible flakes over the forthcoming years. Apart from this, the changing dietary patterns of the customers along with a huge preference for processed food sue to hectic lifestyle is expected to define the growth of the edible flakes market during the forecast period.
Plant capacity: Puffed Rice (Muri): 20,000 Kgs / Day Rice Flakes (Poha): 30,000 Kgs / Day Broken Rice Flakes (Poha): 1,500 Kgs / Day Rice Husk (bye product): 15,000 Kgs / DayPlant & machinery: Rs 120 lakhs
Working capital: -T.C.I: Cost of Project: Rs 571 lakhs
Return: 28.00%Break even: 57.00%
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Toughened Glass

Toughening is a process where the glass is heated at high temperatures to make it stronger and more resistant to breakage. This process creates a balance in the product’s internal stresses, so that when the glass is broken, it would crumble into tiny granular chunks instead of breaking into sharp, jagged pieces. Toughened glass is a type of safety glass processed by controlled thermal or chemical treatments to increase its strength compared with normal glass. Toughened glass is a type of soda-lime-silica glass with a sheet thickness 4-12 mm. The sheet has a central tensile stress of 500-1200 kg/cm2 and a ratio of surface compressive stress to central tensile stress of 2:1 to 4:1. The article is toughened by heat exchange with an oil (or chilled air) in which these are maintained from 0.01–0.07 % liquid. The boiling point liquid may be an organic liquid such as carbon tetrachloride, methanol, benzene, toluene, trimethyl alcohol, ethyl alcohol or Xylene etc. The current market size of flat glass industry in India is 1.32 MN tonne annually. Indian glass industry consists as elsewhere of a number of distinct segments: architecture (45% market share), automotive (15% market share), and value added glass (10% market share), mirrors and furniture (15% market share), respectively. The total market of glass valued at Rs. 340 bn in 2015. The industry is growing at around 15% per annum. Consumption per capita of glass in India is only 1.2 kg compared 15 kg in China, 9 kg in developed countries and 35 kg in the USA. The global glass market size was valued at USD 68.71 billion in 2014. It is expected to attain a CAGR of nearly 7.1% from 2015 to 2022. Increasing use of flat glass in photovoltaic modules, solar panels and e-glass owing to rising need for clean energy is anticipated to be one of the key trends escalating market growth. Toughened Glass Market size was over USD 24.5 billion in 2016 and industry expects consumption above 4.3 billion square meters by 2024. Increasing demand for furniture including table tops, shelves and cabinets and other interior applications should stimulate toughened glass market size. Toughened glass market size from furniture applications should witness significant gains up to 2024 owing to increasing demand for innovative furniture designs for interior applications accompanied with improving lifestyle patterns of consumers. Few Indian major players are as under Atul Glass Inds. Ltd Floatglass India Ltd. Friends Glass & Glazing Pvt. Ltd. Saint-Gobain Sekurit India Ltd. Gold Plus Glasses India Ltd. Sisecam Flat Glass India Pvt. Ltd. Triveni Glass Ltd Triplex Glass Works Pvt. Ltd
Plant capacity: Toughened Glass (Size of Sheet 8 ft x 12 ft.): 4,000 Sq. Ft. / DayPlant & machinery: Rs 332 lakhs
Working capital: -T.C.I: Cost of Project : Rs 939 lakhs
Return: 24.00%Break even: 46.00%
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Pasta and Macaroni

Pasta is a food that is loved by people of all age group. It is not just easy to make but can be a healthy food option when combined with veggies and nutritious sauces. This food is not just tasty but also has an interesting production process. The production process can be divided into a series of steps and has three key factors. The list of factors that influences the quality of production are raw material, presence of skilled employees and processing technology. Macaroni is dry pasta shaped like narrow tubes. Made with durum wheat, macaroni is commonly cut in short lengths; curved macaroni may be referred to as elbow macaroni. Some home machines can make macaroni shapes, but like most pasta, macaroni is usually made commercially by large-scale extrusion. The curved shape is created by different speeds of extrusion on opposite sides of the pasta tube as it comes out of the machine. Macaroni is a variety of pasta and is used to make various pasta recipes. Macaroni can be substituted in many recipes which call for other types of pasta like penne, fusilli, rigatoni etc. According to “India Pasta Market By Product Type, By Shape Type, By Distribution Channel, Competition, Forecast & Opportunities, 2013-2023” pasta market stood at over $ 178 million in 2017 and is projected to grow at a CAGR of around 17% to reach $ 453 million by 2024 on account of increasing awareness about health benefits of pasta as it is made of semolina durum wheat and not from refined flour. The primary factors catalyzing the growth of the pasta market in India include rising urbanization, changing lifestyles and surging demand for ready-to-eat products. In addition to this, the market is also influenced by an increasing women employment rate coupled with rising disposable incomes. Further, the health-conscious consumers are demanding food products with healthier ingredients, which has led to a rise in the demand for pasta made with whole-wheat and quinoa. Some of the other forces that have been proactive in maintaining the market growth are longer shelf-life and ease of preparation. The primary factors catalyzing the growth of the pasta market in India include rising urbanization, changing lifestyles and surging demand for ready-to-eat products. In addition to this, the market is also influenced by an increasing women employment rate coupled with rising disposable incomes. Further, the health-conscious consumers are demanding food products with healthier ingredients, which has led to a rise in the demand for pasta made with whole-wheat and quinoa. Some of the other forces that have been proactive in maintaining the market growth are longer shelf-life and ease of preparation. Few Indian major players are as under Weikfield Foods Pvt. Ltd. Venkatramana Food Specialities Ltd Nestle India Ltd. M T R Foods Pvt. Ltd. Fieldfresh Foods Pvt. Ltd. Capital Foods Pvt. Ltd. Bambino Food Inds. Ltd. Bambino Agro Inds. Ltd.
Plant capacity: Pasta (1 Kg Pack): 13,000 Packs / Day Macaroni (1 Kg Pack): 13,000 Packs / DayPlant & machinery: Rs 863 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1300 lakhs
Return: 12.00%Break even: 65.00%
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Moringa Oleifera (Drumstick) Powder

Moringa Oleifera is the most widely cultivated species of the genus Moringa, which is the only genus in the family Moring aceae. English common names include: moringa, drumstick tree (from the appearance of the long, slender, triangular seed-pods), horseradish tree (from the taste of the roots, which resembles horseradish), ben oil tree, or benzoil tree (from the oil which is derived from the seeds). The powder prepared from drumstick can be used as a flavoring agent for various non-vegetarian dishes to enhance the flavour of chicken or meat and can also be used for drumstick soup preparation by adding spice powder and other ingredients. In addition it can also be used as a thickening agent for Sambar and chutney preparation, instant soup powder and in parotta along with potato as a flavour enhancer. India is the largest producer of moringa, with an annual production of 1.1 to 1.3 million tonnes of fruits from an area of 380 km². Among Indian states, Andhra Pradesh leads in both area and production (156.65 km²) followed by Karnataka (102.8 km²) and Tamil Nadu (74.08 km²), a pioneering state having varied genotypes from diversified geographical areas and introductions from Sri Lanka. Drumstick is one of the world’s most useful trees with potential to improve nutrition, boost food security, and foster rural development and support sustainable land care. From leaves and root to pods and seeds, all parts of the drumstick tree are highly edible. The increasing awareness about the health advantages of moringa products will be one of the major factors that will have a positive impact on the global moringa products market during the forecast period. Over the years, moringa products such as moringa leaf powder have seen a growth in the sales in the global market. The rising health awareness in countries such as Europe and Americas have given rise to the increasing usage of moringa products by the consumers. This will drive the moringa products market future growth till 2022. India is the prevalent producer of Moringa with an annual production of 1.3 million tonnes of tender fruits from an area of 38,000ha. Among the states, Andhra Pradesh leads in both area and production (15,665 ha) followed by Karnataka (10,280 ha) and Tamil Nadu (7,408 ha). In other states, it occupies an area of 4,613 ha. The drumstick is valued mainly for its tender pods, which are relished as vegetable but all its parts – bark, root, fruit, flowers, leaves, seeds and even gum – are of medicinal value. They are used in the treatment of as cites, rheumatism and venomous bites as antiseptic and as cardiac and circulatory stimulants. India is the largest producer of drumstick with an annual production of 1.1 to 1.3 million tonnes grown over 38,000 hectares. Gujarat state provides a large market for drumstick. All districts in Maharashtra, Indore, Gwalior, Madras, Kerala whole of South India, Uttar Pradesh provide a good potential for inland Market. In pharmaceutical there are number of verticals but nutraceutical is an area which is growing at faster speed in India due to awareness for healthcare. Increased life span in India and growing population of senior citizens has increased the demand for nutraceutical products and their ingredients like drumstick powder. It is estimated that nutraceuticals demand is growing at the rate of 10% per annum. Drumstick is a natural medicine for nourishment & digestive disorder. Moringa leaves and pods can help decrease developing countries’ dependence on imported goods, such as vitamin and mineral complexes that ward off nutritional deficiency but are too expensive to be used in a sustainable way. Originated from India, moringa trees are now found in Ghana, the Philippines, Nigeria, Kenya, Rwanda, Niger, Mozambique, Cambodia and Haiti. Today, the moringa market globally is estimated at more than Rs 27,000 crore, which is expected to cross Rs 47, 250 crore by 2020, growing at a rate of nine per cent per year. Few Indian major players are as under Ayurvedic Pharmaceutical Co. Ltd. Ayurvedshri Herbals Ltd. Ganga Pharmaceuticals Ltd. Gayatri Herbals Pvt. Ltd. Indian Medicines Pharmaceuticals Corp. Ltd. Heal Ayurveda Pharmacy Ltd. Kerala Ayurveda Ltd. Indus Biotech Pvt. Ltd. Surya Herbal Ltd. Sanatan Herbal & Naturals Ltd.
Plant capacity: Drumstick (Moringa Oleifere) Powder: 400 Kgs / DayPlant & machinery: Rs 31 lakhs
Working capital: -T.C.I: Cost of Project : Rs 71 lakhs
Return: 29.00%Break even: 71.00%
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Biodegradable Plastic Bags from Corn & Cassava Starch

Corn starch has 25% amylose and 75% amylopectin. The amylose molecules loose lose water increase biodegradation characteristic and amylopectin molecule is responsible for plasticizer properties. Their granule size ranges between 5 to 20 microns. i.e. good absorption capacity, rapid gel formation & good strength. Starch is used to produce such diverse products as food, paper, textiles, adhesives, beverages, confectionery, packaging, pharmaceuticals, and building materials. Cassava starch has many remarkable characteristics, including high paste viscosity, high paste clarity, and high freeze-thaw stability, which are advantageous to many industries. Cassava starch could be used for making various types of packaging products. As a major source of starch in tropical and subtropical regions, cassava is a promising raw material for the development of biodegradable plastics in these areas. Biodegradable packaging sector is a small segment which represents a merger percentage of the packaging industry. The global biodegradable packaging has now moved on towards more advanced and efficient packaging. A decade ago, biodegradable packaging was not known to have any real significance. However, recently biodegradable packaging has become an integral part of the global packaging market. The rising consumer awareness towards biodegradable packaging has led to the tremendous growth of the overall market. Cassava bags are made by making PLA(Poly(lactic acid) or polylactic acid or polylactide (PLA) is a biodegradable and bioactive thermoplastic aliphatic polyester derived from renewable biomass, typically from fermented plant starch such as from corn, cassava, sugarcane or sugar beet pulp). These PLA resins (granules) are then added to a machine (film blower machine) and make the bio plastic sheets, then these bioplastics sheets are feeded into bag making machine and cut bags. The global biodegradable plastic packaging market was valued at USD 4.65 billion in 2019, and is expected to reach a market value of USD 12.06 billion by 2025, registering a CAGR of 17.04% during the forecast period of 2020-2025.Growing environmental concerns regarding plastic usage that consists of toxic pollutants which are harming plants, animals, and people are driving the use of biodegradable plastic. Stringent regulations by various government and federal agencies with an objective to reduce plastic waste and promote biodegradable plastics usage in packaging is boosting the demand of this market. Regulations related to green packaging is increasing and various FMCG companies are required to adopt biodegradable packaging to comply with the standards which in turn is propelling the growth of this market.
Plant capacity: Biodegradable Plastic Bags from Corn Starch (Per Bag 25 gms Size) : 6 MT / Day Biodegradable Plastic Bags from Cassava Starch (Per Bag 25 gms Size) : 6 MT / DayPlant & machinery: Rs 1053 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1768 lakhs
Return: 27.00%Break even: 51.00%
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Aluminium Ingots from Aluminium Scrap

Ingots are very large casting products, greater in size and shape than blooms, billets and slabs. Ingot generally has rectangular/square cross section, but it is not necessary that it should be uniform throughout its length. (Ingot may have variable cross section.) Aluminium Alloy Ingots Like LM-2, LM-4, LM-6 which are commonly used in Gravity and Sand Casting, Pressure Die Casting Alloys like LM-13, LM-14, LM-24, ADC-12, ALSI-132 etc. are also being manufactured as per the Indian and International standards. India's share in world aluminium market is estimated at around 3%. India ranks fifth in bauxite production after Australia (62 mntonnes), Guinea (17.50 mntonnes), Brazil (16.20 mntonnes) and China (10.75 mntonnes). With a total output of 9.25 mntonnes, the country contributes about 6% of the world's total production of 159 mntonnes, India holds the fifth position in reserves base and is ahead of China with 2300 mntonnes. India ranked seventh in alumina production with a total output of 3 mntonnes, a share of nearly 5% of the global production of 61 mntonnes. The per capita consumption of aluminium in India continues to remain abysmally low at under 1 kg as against nearly 25 to 30 kg in the US and Europe, 15 kg in Japan, 10 kg in Taiwan and 3 kg in China. Aluminium has a wide range of applications, from aircraft building to packaging, a major consumer being the electrical industry. The two sectors, electricity and transportation, account for more than half of the total off take. The key consumer industries in India are power, transportation, consumer durables, packaging and construction. Of this, power is the biggest consumer (about 44% of total) followed by infrastructure (17%) and transportation (about 10% to 12%). In the transportation sector, aluminium is used for paneling, floors and windows. So far, it is not used for structural parts and bodies of automobiles. An Indian car uses only about 54 kg of aluminium against a global average of 100 to 110 kg. This sets the high potential for growth with the increase in the automobile sector. Aluminium ingots constitutes 25 to 30% of the total aluminium consumed in India. The market for aluminium ingots in India has been growing at around 12% per annum during the last few years. Jindal Aluminum and Hind Alco are the largest players in the Extrusion segment with combined market share of 30%. Other than FRP and Extrusion, Castings is one large segment which primarily serves the automotive market and mostly uses Aluminum in the Scrap form Few Indian major players are as under Vijayshree Alloys (Pune) Pvt. Ltd. Sun Industries Ltd. Shree Balaji Alumnicast Pvt. Ltd. Perfect Alloys & Steel Ltd. Indo Alusys Inds. Ltd. Gravita India Ltd. Baheti Metal & Ferro Alloys Ltd.
Plant capacity: Aluminium Alloy Ingots: 24 MT / Day Aluminium Scrap: 0.40 MT / DayPlant & machinery: Rs 186 lakhs
Working capital: -T.C.I: Cost of Project : Rs 703 lakhs
Return: 30.00%Break even: 62.00%
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Needles for Sewing and Embroidery Machine

Needles for Sewing and Embroidery Machine. Opportunities for Entrepreneurs to Start Own Industry. Embroidery needles are designed for use with fabrics like rayon, polyester, cotton or acrylic embroidery thread. These needles are designed with a special scarf which is a groove out of one side of the needle, and a larger eye to prevent shredding when sewing with special machine embroidery threads. Machine embroidery is most typically done with rayon thread, although polyester thread can also be used. Cotton thread, on the other hand, is prone to breaking and should be avoided if under 30 wt. Related Projects: - Industrial & Engineering Products, Manufactured Goods, Industrial Engineering Products. Mechanical, Engineering, Automobile Industries Household sewing machines reduce the efforts of visiting a tailor every now and then and also save time and money. A typical household sewing machine works on the principle of needle and thread feed mechanism. The construction of a household sewing machine involves spool pin, binder spindle, winder stopper, hand wheel, width, length and tension dials, feed dog, needle and needle plate. The household sewing machines are not only used to stitch torn clothes but are in fashion for making creative embroideries on clothes and canvas. Connoisseurs and artisans all over the world find a household sewing machines to be of a great help. Sewing Machine Needle Sizes Understanding the numbers associated with sewing machine needles will help you make the correct choice and possibly solve machine problems. All of the numbers associated with sewing machine needles can stop you in your tracks. It's a simple labeling system, but the confusion comes in because they use both a European and American labeling system. The American system uses 8 to 19, 8 being a fine needle and 19 being a thick heavy needle. Related Project: - Needles For Sewing and Embroidery Machine European sizes range from 60 to 120, 60 being a fine needle and 120 being a thick heavy needle. Either way, the higher the number, the thicker/heavier the needle. Market Outlook Household Sewing Machines Market: Dynamics The primary reason to buy household sewing machines by end users is to enable saving on professional and labour fee on petty stitch works and also creation of custom embroidery, clothing articles. Also, growing preference for embroidery-based clothing and customization of fabric in recent commercial fashion design sector is also expected to impact the growth of household sewing machines market. The household sewing machines market in general is expected to sustain its notable presence and witness a healthy growth owing to perennial demand generating demographics consisting of female population in the globe. However, lack of awareness about various applications that can be carried out on household sewing machines can be a restraint to the growth of the household sewing machines market. The globe to enhance skills is expected to significantly boost the global household sewing machines market in the recent years. In countries of South-East Asia, Africa and Latin America, the regional government has enabled subsidies on procurement of household sewing machines to the women workforce based in rural areas in an endeavor to promote the domestic small-scale apparel and handicrafts sector. Market Research: - Market Research Report The growth in population and ecommerce preferences in developing countries increase demand from textile industry. Growing demand from the textile industry influence the sewing machine components market in terms of growth. Asia pacific is expected to be prominent region in sewing machine components market. Major investment by overseas players in Asia pacific textile industry deliver significant demand for the sewing machine that propel the demand for sewing machine components over the forecast period. During this long period of existence the industry has upgraded itself through innovations and introductions of new products at regular intervals. Sewing and embroidery machinery industry is coming every day with some new features in their machineries to keep abreast with end users requirement. Adaptability and ease of use are becoming the determining factors for the success of a product. Related Video: - Industrial & Engineering Products, Manufactured Goods, Mechanical, Automobile, Metal, Metallurgical, Wire, Aluminum, Copper Products, LPG Cylinder An emergence of embroidery as a major fashion trend has propelled the demand for power-operated embroidery machines across the commercial textile industry. However, a primary burden of compliance on embroidery machine industry is hampering the overall market growth. Key Players:- Groz Engineering Tools Pvt. Ltd. Needle Industries (India) Pvt. Ltd. Schmetz India Pvt. Ltd. Singer India Ltd. Examples of some of the market participants in the global sewing machine components market identified across the value chain include Bernina International AG Rieter Group Brother Industries Ltd. Janome Sewing Machine Co. Ltd., JUKI Corporation SEW-EURODRIVE Reliable Corporation Singer Corporation Tags:- #needlesforsewing #Sewingneedles #Needles #embroidery #embroiderymachine #sewingmachine #sewing #sewingNeedle #businessconsultant #businessfeasibilityreport #DetailedProjectReport #EntrepreneurIndia #startupideas #NPCS #feasibilityReport
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Production of Hot Melt Adhesives (HMA) For Book Binding, Packaging and Courier Bag.

Production of Hot Melt Adhesives (HMA) For Book Binding, Packaging and Courier Bag. Opportunities for Entrepreneurs to Start Own Industry in Adhesives Sector. Hot melt adhesives are generally 100% solids formulations supported thermoplastic polymers. They solid at temperature and are activated upon heating above their softening point, at which stage they're liquid, and hence are often processed. After application, they retain the power to wet the substrate until they solidify. Upon solidification, they return to a physical state that has structural integrity and may function as an adhesive. The adhesive is applied by extruding, rolling, or spraying and joining is administered immediately after application or after reheating the solidified layer. The variability of polymers during this class is very wide and includes both natural and synthetic polymers. The high viscosity of the melt makes them particularly suitable for porous and permeable substrates which otherwise would be more difficult to bond with a solvent system. A feature of hot melts is that on cooling they very rapidly build up their internal strength allowing rapid assembly and further processing. Because they're based on thermoplastic polymers, hot melts are often repeatedly heated to melt and cooled to solidify. This property limits the temperature resistance of hot melt bonds and that they even have a tendency to creep when subjected to continuous stress or elevated temperatures. On the plus side, these adhesives are often wont to create bonded joints that are thermally detachable and may even be re-attached. Related Projects: - Adhesives and Sealants, Industrial Adhesives, Glues, Gums and Binders, Synthetic Resin, Resins Hot melts are used in many different industries for a wide variety of applications. They are capable of bonding many different substrates including rubbers, plastics, metals, ceramics, glass and wood. The packaging industry is one of the major users. Hot melts are used for carton sealing and assembly of corrugated boxes and paperboard cartons, and for labeling applications. Other uses include shoe-making (bonding toecaps and shoe soles), disposable diapers and sanitary napkins bonding, bookbinding, manufacture of non-woven materials, and various laminating applications in the furniture industry (veneer surrounds and edging). The automotive industry employs hot melts to assemble various products including bonding of carpeting and seat covers. The electronics industry makes also use of hot melts, for example to bond coil windings and coil ends. Hot Melt Adhesives Provide the Following Benefits: A 100 % solids content, free of solvents and water High production speeds due to short setting times A wide range of adhesion to different materials They can level out of irregularities in the surface Smooth surfaces due to a water-free bonding Elastic bondlines Can be reactivated by heat and therefore be used for precoating Joint can be opened by heating (recycling) Related Books: - Gums, Adhesives & Sealants Technology (With Formulae) Market Outlook The global hot melt adhesives market size was valued at USD 6.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2020 to 2027. Increasing demand from the packaging and non-woven products application is a significant factor in driving the market growth. Unlike their solvent- or water-based counterparts, hot melt adhesives (HMAs) do not require drying or curing. They can be applied in their molten state and, therefore, can be bonded immediately after the application; this gives them the distinct advantage of faster processing times in various applications including packaging, nonwovens (diapers, and female hygiene products), furniture, industrial assembly, and others. Rising disposable income levels and increasing awareness regarding personal hygiene are likely to boost the demand for nonwoven products like diapers and feminine hygiene products, which, in turn, is expected to drive the segment growth. In woodworking, HMAs are used as general-purpose adhesives for bonding wooden substrates in furniture. An increasing number of refurbishment & restoration projects within the developed economies including new construction activities in emerging economies are likely to propel product demand in woodworking applications. In assembly application, the product is used during a variety of industries including medical, electrical & electronics, and other industrial manufacturing. The fast setting speed and wide temperature range of HMAs are the crucial factors that drive the segment growth. Related Videos: - Adhesives and Sealants, Industrial Adhesives, Glues, Gums and Binders, Synthetic Resin, Resins (Guar Gum, Adhesive [Fevicol Type], Hot Melt Adhesives) Increasing demand from the automotive and packaging industries in Asia-Pacific and the rising environmental concerns regarding solvent-borne adhesives. The ethylene-vinyl acetate segment dominated the market and is expected to witness a healthy growth rate during the forecast period, owing to the increasing demand from the paper, board, and packaging industry, across the globe. The adoption of bio-based hot-melt adhesives is likely to act as an opportunity in the future. Another driver identified in the hot melt adhesives market is the rapid industrialization and expansion of the packaging industry. The emerging economies of Asia Pacific are witnessing substantial increase in the use of hot melt adhesives, especially in the automotive and packaging industries. Increasing purchasing power of individuals and changing consumption trends have led to the development of more varied, complex, and eco-friendly products, thereby calling for higher consumption of these adhesives. Market Research: - Market Research Reports, India and Global Industry Analysis The construction industry has relied on solvents for adhesives needs for decades. Hot melt has begun to replace solvent-based products. Construction is one area that industry watchers predict hot melt use will rapidly grow, outpacing the expected growth in other industries. Booklet labels, labels that require you to peel away the top layer to reveal the text related to the contents of a box, package or item, will need adhesives. Hot melt meets these needs without any environmental worries or problems with application. Many advertisers have been marketing through labeling. This trend will likely continue, increasing revenue for hot melt products in this market. Hot melt adhesives are industrial strength adhesives that are thermally melted and then allowed to cool in order to achieve their adhesive properties. They are made primarily of one or more polymers and a combination of additives such as resins and pigments that provide different characteristics to various adhesives. Hot melt adhesives are named for their polymer bases, providing different types of hot melt adhesives like ethylene vinyl acetate, polyamide, and polyurethanes for numerous industries and applications, including packaging, product assembly, woodworking, bookbinding, and product labeling. Related Books: - Adhesives, Chemical, Drugs, Gums, Insecticides, Jute, Pesticides, Petro Chemicals Increasing Development of Bio-Based Hot Melt Adhesives to Offer Immense Growth Opportunities in the Market Due to the rising environmental concerns, companies are developing bio-based adhesives to replace the chemical-based ones. In order to enhance the sustainability efforts without compromising performance, companies are developing these bio-based hot melts. For example, DowDuPont Inc. has developed a new hot melt adhesive, which offers benefits including improved water resistance, high flexibility, and good adhesion on a variety of substrates. Hence, it is expected to create ample opportunities for the industry players operating in the hot melt adhesives market. Projects: - Project Reports & Profiles Key Players:- 3M India Ltd. Anabond Ltd. Ciba India Ltd. D H Resins & Chemicals Pvt. Ltd. Dow Corning India Pvt. Ltd. Eftec (India) Pvt. Ltd. Golden Chem-Tech Ltd. H B Fuller India Adhesives Pvt. Ltd. Henkel Adhesives Technologies India Pvt. Ltd. Henkel Anand India Pvt. Ltd. Jyoti Resins & Adhesives Ltd. Mccoy Soudal Sealants Adhesives & Foams Pvt. Ltd. Metlok Pvt. Ltd Nikhil Adhesives Ltd. Polyinks Ltd. Renuka Adhesives Ltd. Resinova Chemie Ltd. Yug Decor Ltd. Tags: - #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #entrepreneurindia #startupbusiness #HotmeltAdhesives #Hotmelt #Adhesives #Hotmeltglue #Packaging #Industrialhotmelt #HotMeltAdhesivesMarket #HotMeltAdhesivesMarketGrowth #HotMeltAdhesivesMarketDemand #HotMeltAdhesivesMarketForecast #AdhesivesPackaging #AdhesivesIndustry #adhesivesmanufacturing #adhesives #bookbinding #packagingindustry #sealants #AdhesivesMarket #SolventBasedAdhesives #waterbasedadhesives
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Production of Banana Wafers (Deep Fried Snack Food).

Production of Banana Wafers (Deep Fried Snack Food). Business Plans & Investment Opportunity for Entrepreneurs. 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. Related Projects: - Banana Products: Banana Flavour, Banana Puree, Banana Based Industries Manufacturing Process It is very well established and simple. It involves visual inspection and sorting of damaged potatoes and bananas and washing them in water. Then they are peeled and trimmed before slicing or cutting them to the required size. Then they are once again washed and dried. They are then fried and either salt or other spices/flavours are mixed homogenously. After cooling them, they are packed in pouches or plastic bags. A typical process flow chart is as under: Washing, sorting and Peeling of potatoes and bananas Slicing/ Cutting Washing and Drying Frying Seasoning Packaging Slicing/ Cutting Related Projects: - Food Processing and Agriculture Based Projects How to Start Banana Chips making Business? Banana Chips is also known as “Banana Wafers” is generally a banana dried slices. The banana contains the genus Musa herbaceous plants that are soft, and sweet. This type of banana is also known as “Desert Banana. Do you want to start Banana Wafers Making Business? So, StartupYo provides complete information about how banana chips made licenses and permissions required starting banana wafers chips making business, what are the raw materials required for the preparation of banana chips, banana chips plan cost and many more. So keep reading this banana chips making business project plan article where you can get full clarification about how can I start banana chips business with low investment. Step – 1: Firstly, you need to know banana wafers making business opportunities in the market Step – 2: Secondly, you must know the registration process and licenses for banana chips making business Step – 3: Thirdly, you should know banana chips plan cost production unit and machinery details Step – 4: After that, what are the raw materials required for the banana wafers chips making business Step – 5: Then after, banana chips making business project plan flowchart Step – 6: Lastly, banana chips plant cost details Related Books: - Food Processing, Food Industry, Agriculture, Agro Processing, Processed Food Market Outlook The Indian banana processing industry has reported a significant growth in recent years, and is presenting ample opportunities to the industry players. With cold storage, infrastructure enhancement and rising awareness about packaged processed banana products, the Indian banana processing market is poised to scale newer acmes. Moreover, change in taste and preference of the consumer, increasing demand for healthy and nutritional food and government initiatives are set to further boost the market's growth. 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. Related Videos: - Processed Food Industry India will be the main market for this product. The Indian snack market is worth around US$3 billion. India is one of largest snack markets in Asia -Pacific region. There are approximately 1000 types of snacks and another 300 types of savories being sold in the Indian market today. Potato chips are most popular snack sold in the Indian market. There is a big market for snacks in India as urban Indian consumers eat readymade snacks 10 times more than their rural counterparts. Because of expanding nuclear families and more number of female professionals, India has witnessed a significant increase in the demand of ready to eat snacks and consumers are likely to replace light meals with snacks. Over 90% of bananas produced in India are consumed domestically as fresh fruit. And it is estimated that processing in banana is only to an extent of 2.5% of which about 1.80% is used to process banana wafers. The rest is processed into the banana puree, panchamritham, banana pulp, banana beer, banana powder and so on. Market Research: - Market Research Report Key Players:- A D F Foods Ltd. Balaji Wafers Pvt. Ltd. D F M Foods Ltd. Haldiram Foods Intl. Ltd. Hello Indo Food Products Pvt. Ltd. Kishlay Foods Pvt. Ltd. Laxmi Snacks Pvt. Ltd. Parle Products Pvt. Ltd. Prataap Snacks Ltd. Pure N Sure Food Bites Pvt. Ltd. Rishabh Food Products Ltd. Sushma Snacks Pvt. Ltd. Sweet India Pvt. Ltd. Tags: - #bananachips #bananawafers #BananaProduct #Banana #snackfood #Snackfoodbusiness #snackfoodmanufacturing #FoodIndustry #SnackFoodIndustry #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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