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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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Oleoresin & Essential Oils of Spices (Ginger, Turmeric, Pepper & Red Chilies)

Ginger, Turmeric, Pepper & Red chilies are used for flavor, colour, aroma and preservation of food or beverages. Spices may be derived from many parts of the plant: bark, buds, flowers, fruits, leaves, rhizomes, roots, seeds, stigmas and styles or the entire plant tops. Spices are often dried and used in a processed but complete state. Another option is to prepare extracts such as essential oils by distilling the raw spice material (wet or dry), or to use solvents to extract oleoresins and other standardized products. India is the largest producer, consumer and exporter of spices and spice products in the world and produces more than 50 spices. India is also a big exporter of Chilli, turmeric, pepper and many other spices. The country also imports various spices to meet its local requirement of taste, as Indian dishes are incomplete without adding varieties of spices to them. Andhra Pradesh is the largest spice producing state in India. Gujarat, Karnataka, Rajasthan, Tamil Nadu, Assam, Kerala, Madhya Pradesh, Maharashtra, Orissa, Uttar Pradesh and West Bengal are the other major spices producing states in India. Chilli is the major spice crop occupying about 29 percent of area under cultivation and contributing about 34 percent of total spices production in the country. Turmeric accounts for 14% of production and 6% of area. Seed spices contribute 17% of production and occupy 41% of area while pepper contributes 2% of production and occupies 9% of area of the total spices in the country. Oleoresin is commonly marketed as spice drops and contains the total pungency and flavor constituents of pepper. Oleoresin is produced by solvent extraction of pepper powder using a suitable organic solvent such as acetone, ethanol, ethyl acetate or ethylene dichloride. Either a one-stage or a two-stage process is employed for this. In the first case, the oil is recovered along with the resins by solvent extraction. The global oleoresins market is estimated to be valued at USD 1.2 billion in 2019 and is projected to reach USD 1.7 billion by 2025, recording a CAGR of 6.0% from 2019 to 2025. Oleoresins are botanical extracts of essential oils and resin constituents. They form the flavor and aromatic profile of the plant from which they are extracted. Oleoresins are volatile or non-volatile compounds obtained from spices using solvents. They prove to be more shelf-stable than the whole spice and can be custom-made to suit the requirements of the buyers. They are mainly used in processed foods such as soups, sauces, dressings, cheeses, chutneys, confectionery products, snacks, processed meat & seafood, baked food, processed vegetables, other dairy products, and beverages. Oleoresins are botanical extracts of essential oils and resin constituents. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Akay Spices Pvt. Ltd Basil Chemicals & Additives Ltd. D T A Amalgamated Foods Pvt. Ltd. Kancor Ingredients Ltd. Gokul Agro Inds. Ltd. Nisarga Biotech Pvt. Ltd.
Plant capacity: Ginger Oil: 30 Kgs / Day Ginger Oleoresin: 65 Kgs / Day Ginger Spent: 650 Kgs / Day Turmeric Oil: 65 Kgs / Day Turmeric Oleoresin: 40 Kgs / Day Turmeric Spent: 870 Kgs / Day Pepper Oil: 20 Kgs / Day Pepper OleoresPlant & machinery: Rs 941 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1415 lakhs
Return: 28.00%Break even: 45.00%
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Aluminum Ingots from Aluminum Scrap

Aluminium is a chemical element. It is a silvery white, soft, ductile metal. Aluminium is the third most abundant element (after oxygen and silicon), and the most abundant metal, in the Earth's crust. It makes up about 8% by weight of the Earth's solid surface. Aluminium metal is so chemically reactive that native specimens are rare and limited to extreme reducing environments. Instead, it is found combined in over 270 different minerals. Aluminium is remarkable for the metal's low density and for its ability to resist corrosion due to the phenomenon of passivation. Structural components made from aluminium and its alloys are vital to the aerospace industry and are important in other areas of transportation and structural materials. Rise in infrastructure development and automotive production are encouraging development in the metals and mining sector in India. India has vast mineral potential with mining leases granted for longer durations of 20 to 30 years. India produces 95 minerals– 4 fuel-related minerals, 10 metallic minerals, 23 non-metallic minerals, 3 atomic minerals and 55 minor minerals (including building and other minerals). Domestic consumption of aluminium is expected to reach 10 million tons by fiscal year 2031-2032. To meet this future demand, India needs to increase bauxite production from 23 million tons in fiscal year 2019 to approximately 70 million tons by that time. Alumina production would have to rise from 7.4 million tons to 20 million tons. India is No. 2 in the world in aluminium capacity. The country has primary aluminium capacity of 4.1 million tons per year and downstream processing capacity of 3.9 million tons. Recently, the aluminium industry had made huge investments to increase domestic production capacity from 2 million tons per year to 4.1 million tons per year. Global export-import data shows India’s aluminium scrap imports have been holding at highs over the past three years. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under Aravali Infrapower Ltd. Baheti Metal & Ferro Alloys Ltd. Bothra Metals & Alloys Ltd. Gravita India Ltd Indo Alusys Inds. Ltd. Namo Alloys Pvt. Ltd. Nealex Alloys Pvt. Ltd.
Plant capacity: Aluminium Ingots: 4 MT / DayPlant & machinery: Rs 112 lakhs
Working capital: -T.C.I: Cost of Project : Rs 385 lakhs
Return: 26.00%Break even: 53.00%
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Dicyandiamide (DCDA)

Dicyandiamide is a strongly alkaline and water-soluble white crystalline compound with the scientific name of cyan guanidine. The chemical is the dimmer of cyan amide or cyan guanidine, which is mainly used in the production of melamine. Dicyandiamide is also used as a curing agent for epoxy resins and laminates for circuit boards, powder coatings and adhesives. Cyanamid, the amide of normal cyanic acid, is a white crystal that melts at 45° C. It is readily soluble in water, alcohol and diethyl ether. It is prepared commercially by the carbide process from the carbonate derived from limestone or by the desulphurization of theorem in the presence of catalyst (mercuric oxide). Cyanamid is also prepared by the action of ammonia with cyanogens halides. Cyanamid polymerizes to dicyandiamide when heated over 150° C and to tricyantriamide as well as to melamine. Dicyandiamide is an intermediate for melamine production and is the basic ingredient of amino plastics and resins. It is used in the production of a wide range of organic chemicals including slow and continuous nitrogen release fertilizers, fireproofing agents, epoxy laminates for circuit boards, powder coatings and adhesives, water treatment chemicals, dye fixing, leather and rubber chemicals, explosives and pharmaceuticals. it is extensively used as an excellent additive for plastic packages for food stuff and intermediates of pharmaceuticals. Dicyanamide, also known as Dicyanamide, is an anion having the formula C2N–3. It contains two cyanide groups bound to a central nitrogen anion. The chemical is formed by decomposition of 2-cyanoguanidine. It is used extensively as a counter ion of organic and inorganic salts, and also as a reactant for the synthesis of various covalent organic structures. Dicyandiamide Market size should observe lucrative CAGR from 2019 to 2025 in the coming years due to developments in the water treatment industry. Dicyandiamide or cyan guanidine is a free-flowing white colored versatile chemical with diverse applications. Extensive use of the product in wastewater treatment plants as a discoloring agent or flocculating agent will drive the market in coming years. Growth in wastewater treatment industry in the European countries will have significant impact on the dicyandiamide market. The region has more than 18,000 wastewater treatment plants in operation. As the region’s major focus is sustainable development and to promote environment friendly products & techniques, the demand for dicyandiamide will rise in future. Moreover, the rising scarcity of clean water will lead to increasing water treatment facilities in emerging nations which will further boost the demand in the market. Dicyandiamide is used as active pharmaceutical ingredient in the production of motorman on a large scale which helps in the improvement of glucose in diabetes patient. Dicyandiamide is used as intermediate during the manufacturing of flame retardants, fertilizers, coating, adhesives and others. Currently manufacturers prefer to use urea as raw materials for the production of melamine. Due to the availability of cost effective and better performing substitute are expected to hinder the growth of dicyandiamide market. The development of non toxic ultra-micronized dicyandiamide with improved performance for the production coatings, adhesives and others are expected to create new opportunities for dicyandiamide over the forecast period. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Lok Chemicals Pvt. Ltd. Prakash Chemicals Agencies Pvt. Ltd. Sanjay Chemicals (India) Pvt. Ltd. Unicare Pharma Ltd. Helm India Pvt. Ltd.
Plant capacity: Dicyandiamide (DCDA): 10 MT / DayPlant & machinery: Rs 50 lakhs
Working capital: -T.C.I: Cost of Project : Rs 373 lakhs
Return: 29.00%Break even: 61.00%
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Roller Bearing

Bearing, in machine construction, a connector (usually a support) that permits the connected members to rotate or to move in a straight line relative to one another. Often one of the members is fixed, and the bearing acts as a support for the moving member. Most bearings support rotating shafts against either transverse (radial) or thrust (axial) loads. To minimize friction, the contacting surfaces in a bearing may be partially or completely separated by a film of liquid (usually oil) or gas; these are sliding bearings, and the part of the shaft that turns in the bearing is the journal. The surfaces in a bearing may be separated also by rollers or rollers; these are known as rolling bearings. In the illustration, the inner race turns with the shaft. Under certain combinations of load, speed, fluid viscosity, and bearing geometry, a fluid film forms and separates the contacting surfaces in a sliding bearing; this is known as a hydrodynamic film. An oil film can also be developed with a separate pumping unit that supplies pressurized oil to the bearing; this is known as a hydrostatic film. Roller bearings are used to replace sliding movement with low friction, rolling motion in rotary applications. The principal types of roller bearings are cylindrical, spherical, and tapered. In general, roller bearings offer higher load capacities than ball bearings of the same size. Roller bearings are used for heavy-duty moderate-speed applications. Potential applications for spherical and cylindrical roller bearings include power generation, oil field, mining and aggregate processing, wind turbines, gear drives, rolling mills. Single-row tapered roller bearings are used in such applications as machine tool spindles, gear reduction units, automotive transaxles, transmissions, vehicle front wheels, differential and pinion configurations, conveyor rolls, machine tool spindles, and trailer wheels. Bearings Market size was USD 48.1 billion in 2019 and will witness 8.2% CAGR from 2020 to 2026. Ever increasing vehicle sales and growing adoption of electric and connected vehicles will primarily drive the bearings demand for their production and related accessories. A passenger vehicle on an average uses minimum 35 bearings that vary largely on the basis of vehicle model and wide spreading technologies. Further, introduction of advanced high capacity wheel bearings coupled with improved lubricating performance will fuel the market expansion. Growing demand for specialized bearing solutions to meet industry-specific requirements, such as gas meters, flight support systems, and medical imaging equipment will induce a significant growth potential. Several manufacturers in the industry are focusing on digitalization and connectivity for better interaction with customers and automation across the value chain. Digitalization allows product development and improves workflow efficiency through digital manufacturing machineries and automation, contributing to automated and flexible manufacturing processes. Thus, due to demand it is best to invest in this project.
Plant capacity: Roller Bearing ID-40 & OD-80: 4,000 Pcs. / DayPlant & machinery: Rs 604 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1412 lakhs
Return: 28.00%Break even: 70.00%
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Khaini (Chewing Tobacco)

Khaini is the type of smokeless tobacco made from cured tobacco leaves. It may be sweetened and flavored with licorice and other substances. It comes in the form of loose tobacco leaves, pellets or “bits” (leaf tobacco rolled into small pellets), plugs (leaf tobacco pressed and held together with some type of sweetener), or twists (leaf tobacco rolled into rope-like strands and twisted). It is placed in the mouth, usually between the cheek and lower lip, and may be chewed. Chewing tobacco contains nicotine and many chemicals. Also called spit tobacco. Use of a mixture of sun-dried tobacco and slaked lime, known in some areas as khaini, Sada, Surti in India and Nepal, Khaini in Bangladesh, is widespread in Maharashtra and several states of North India, Bangladesh and Tarai belt of Nepal. A regular khaini user may carry a double-ended metal container, one side of which is filled with tobacco and the other with slightly moistened slaked lime. Chewing tobacco was thought to have several medicinal uses, such as to alleviate toothache, to disinfect cuts by spitting the tobacco juice and saliva mixture onto the wound, and to relieve the effects of snake, spider and insect bites The global smokeless tobacco market is projected to grow at a CAGR of 4.7% during the forecast period (2019 - 2024). The revenue forecast in 2025USD 22.24 billion. Chewing tobacco including loose leaf, plug, and roll forms is the fastest-growing segment with a CAGR of 8.1% from 2019 to 2025. Rising demand for chewing tobacco types among consumers due to their low and effective pricing is anticipated to boost the smokeless tobacco products' market growth. The market is also driven by the use of the product for a longer time interval than smoke products, which get finished in a few minutes. Moreover, the availability of various types such as a loose-leaf, twist, and plug, along with packaging types, is likely to fuel the growth of the segment over the forecast period. The India chewing tobacco industry was estimated to expand at a high CAGR over the forecast period. Demand is anticipated to rise due to the adoption of products by women and the old age population in India. Women contribute to about 19.3% and 20% of the consumption of chewing tobacco products such as leaf and pan masala in Pakistan and India, respectively. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Ashok & Company Pan Bahar Ltd Baghban Packers Pvt. Ltd. Ventures Pvt. Ltd. Godfrey Phillips India Ltd. Golden Tobacco Ltd. Kothari Products Ltd.
Plant capacity: Khaini (8 gm Packs): 125,000 Pouches / DayPlant & machinery: Rs 239 lakhs
Working capital: -T.C.I: Cost of Project: Rs 447 lakhs
Return: 27.00%Break even: 50.00%
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Disposable Plastic Syringes

Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. The constantly increasing use of this type Syringe indicates its importance which is based mainly on the advantages it offers regarding cost and hygienic applications. The manufacture of plastic syringes has been developed to such a degree that the products now satisfy the requirements and standards set by Hospital and physicians. At the same time they offer the best possible technique of application to the physician and the highest possible degree of safety to the patient. Disposable Syringes are being used by doctors to inject medicines through intravenous or intramuscular ways for the treatment of diseases & also by research & development personnel. Disposable syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. Disposable needles are becoming more popular in the medical world due to its lower cost and higher accuracy. The procedure is also relatively easy and cheaper. The disposable needle has widely replaced hypodermic needle because of lower cost, easy compatibility and higher sterilization. Disposable needle is widely used by doctors for injection purpose with the help of syringes. With the increase in population in our country, requirement of medicine and injections has increased. The Disposable Syringes market was valued at USD 7.10 billion in 2019 and is predicted to grow at a CAGR of 6.1% during the forecast period and is anticipated to reach USD 12.91 Billion by 2027. The growth of the market is attributed to growing prevalence of chronic diseases, especially diabetes, an increase in the usage of Botox, increased adoption of inject able drugs, technological advancements in syringes, an increase in the geriatric population, a growing number of vaccination and immunization programs. Based on the WHO estimates, 16 billion injections are administered each year globally. A Disposable Syringes is a medical tool used to administer injections of intravenous drugs into the patient’s blood stream or to draw blood sample. The syringe market is expected to witness a robust growth owing to several factors, such as the rise in the demand for pre-filled syringes, growing prevalence of chronic diseases, such as diabetes, infectious diseases and cardiovascular diseases and the increase in the usage of Botox for therapeutic applications. Moreover, the increased adoption of inject able drugs, technological advancements in syringes, the increase in the geriatric population, growing number of vaccination and immunization programs are expected to drive the volume growth over the next few years. According to WHO estimates, around 16 billion injections are administered globally on an annual basis. On the other hand, the rise in the incidence of needle-stick injuries, a high cost associated with safety syringes, and disposable syringes are likely to hinder the growth of the syringe market globally. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under Baxter Pharmaceuticals India Pvt. Ltd. Becton Dickinson India Pvt. Ltd. Hindustan Syringes & Medical Devices Ltd. Novo Nordisk India Ltd. Lifelong Meditech Ltd. Oyster Medisafe Pvt. Ltd. Peekay Mediequip Ltd
Plant capacity: Disposable Plastic Syringes 2 ml Size: 2,000 Boxes/ Day (Each Box = 100 Pcs.) Disposable Plastic Syringes 3 ml Size: 2,000 Boxes/ Day (Each Box = 100 Pcs.) Disposable Plastic Syringes 5 ml Size: 2,000 Boxes/ Day (Each Box = 100 Pcs.)Plant & machinery: Rs 1100 lakhs
Working capital: -T.C.I: Cost of Project : Rs 2006 lakhs
Return: 15.00%Break even: 47.00%
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Surgical Blade

A Surgical Blade is a small and extremely sharp bladed instrument used for surgery, anatomical dissection, and podiatry. Scalpel blades are usually made of hardened and tempered steel, stainless steel, or high carbon steel. A surgical blade is a small, extremely sharp bladed tool, which is used for a variety of purposes such as surgery and anatomical dissection. Scalpels may be of two types, single-use or disposable blades and reusable scalpel. Reusable scalpels have fixed blades that can be sharpened or may have removable single-use blades that are attached permanently. Disposable scalpels generally have a handle made of plastic with an extensible blade and only once, after which the entire instrument becomes redundant. Surgical blades are generally packed in sterile pouches. The global surgical blades market is expected to increase growth in the years to come with the increasing number of surgeries. The growing number of geriatric population across the globe is also presumed to be adding to positively benefit the surgical based market in the long run. Medical centers are being built with increasing number of operation rooms in order to accommodate the rising number of patients. Different types of surgeons having multiple specialties are being employed to cater to the needs of these patients. This in turn is presumed to have a positive impact on the global surgical blades market during the forecast period 2018-2026. The products used in surgical procedures are considered as low-risk instruments that do not require a stringent regulatory process for manufacturing or use. Furthermore, an increase in the number of chronic diseases has propelled the development of more hospitals, clinics, and ambulatory surgical centers, which, in turn, has created more job opportunities for surgeons. These factors are augmenting the growth of the surgical blade market. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Alcon Laboratories (India) Pvt. Ltd. B Braun Medical (India) Pvt. Ltd. Axiom Medisurg Ltd. Boston Scientific India Pvt. Ltd. Cadence A M S Design India Pvt. Ltd. Centenial Surgical Suture Ltd. Mediplus (India) Ltd. Primewear Hygine (India) Product Ltd.
Plant capacity: Surgical Blades (10 Pcs. per Packets):21,600Packets/Day Plant & machinery: Rs 99 lakhs
Working capital: -T.C.I: Cost of Project : Rs 365 lakhs
Return: 30.00%Break even: 69.00%
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Fish Feed

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. The fish feed plays an important role in the value chain as it implies important control of the quality of raw materials, which is crucial for the food safety as well as efficient high quality feed types that ensures optimal growth for different fish species farmed under a variety of different conditions. Though the feed cost has to be controlled as this is most often app. 50% of the total production cost in aquaculture. Traditionally two of the most important ingredients have been fish oil and fishmeal. The development of dry pelleted fish feeds to date has two main themes. One theme is on improving digestibility and refining the balance of nutrients so as to match the needs of the different species of fish more precisely at different periods of development. The other type is to improve the sustainability of the ingredients used. This is being attained mainly by identifying additional sustainable sources of ingredients, in particular, to reduce the need for fish oil and fishmeal. Improving the efficiency of feeding also assists sustainability. 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 fish feed solutions, according to a press release. It marks an important step in Cargill’s work to develop its fish feed business in India and across Asia. 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. There are many available feed ingredients for aquaculture industry. Fresh water aquaculture constitutes few important and majorly used feed ingredients like defiled rice bran, wheat bran, cotton seed cake, and groundnut cake. Fish meal, squid meal, cereal flour, squid meal, fish oils, propriety additives are used in shrimp feed industry formulations. Farm made feed consists of mixture of rice bran, wheat bran and oilseed cake. The fish feed market has witnessed an exponential growth due to growing consumption of seafood and growth of aquaculture industry. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Grobest Feeds Corpn. (India) Pvt. Ltd. Mulpuri Foods & Feeds Pvt. Ltd. Rasoya Proteins Ltd Shivshakti Agro (India) Ltd. Taiyo Feed Mill Pvt. Ltd. Wens Industries Pvt. Ltd.
Plant capacity: Fish Feed: 100 MT / DayPlant & machinery: Rs 845 lakhs
Working capital: -T.C.I: Cost of Project : Rs 2273 lakhs
Return: 27.00%Break even: 41.00%
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Humic Acid

Humic acid is a principal component of Humic substances which are the major organic constituents of soil (humus), peat, coal, many upland streams, dystrophic lakes and ocean water. It is produced by biodegradation of dead organic matter. It is not a single acid, rather, it is a complex mixture of many different acids containing carboxyl and phenol ate groups so that the mixture behaves functionally as a dibasic acid or, occasionally, as a tribasic acid. Humic acids can form complexes with ions that are commonly found in the environment. Humic and folic acids are commonly used as a soil supplement in agriculture, and less commonly as a human nutritional supplement. As a supplement, folic acid is found in a liquid form with colloidal minerals. Agriculture: with high content of organic matters, natural Humic acid is the best additive for the organic fertilizer, raw material for hamates based fertilizers and also can be used as soil ameliorator, plant growth stimulator and fertilizer improver. Industry: used as oil drilling fluid stabilizer, cement and ceramic additive, wastewater treatment agent, cathodal plate additive for accumulator. The global Humic acid market is on track to grow to reach a market value of USD 973.06 Mn by the end of 2023. Humic acid is derived from Humic matter which is the result of chemical and biological mummification of plant and animal matter in tandem with microorganism activities. Humic acid is rich in essential nutrients, vitamins, and trace minerals which is immensely beneficial for the soil and can also be used in dietary supplements. Due to this farmers are increasingly employing the use of Humic Acid to enrich the soil and promote a healthy ecological balance which will, in turn, increase crop yield. Humic Acid not only has several benefits to the soil but can make up a key component of animal feed. Humus supplements increase milk production and increase nutrient absorption to increase feed efficiency in dairy cattle. Humic Acid can also help improve immune function and keep an animal healthy which, in the long run, can drastically reduce operational costs. With the rising demand for meat and milk, the meat industry has been booming, and this has resulted in an increased demand for Humic Acid for animal feed applications. In agricultural applications, the inconsistent quality of Humic products may hinder the growth of the Global Humic Acid Market. Moreover improper use of Humic Acid can have bad effects on the soil and plant growth. However, rising applications in wastewater treatment, as well as the use of Humic Acid as organic anodes for lithium and sodium ion batteries are expected to provide the market with high potential for future growth. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Agro Phos (India) Ltd. Basant Agro Tech (India) Ltd. Ghatprabha Fertilizers Pvt. Ltd. Indian Farmers Fertiliser Co-Op. Ltd. Karnataka Compost Devp. Corpn. Ltd.
Plant capacity: Humic Acid: 20 MT / DayPlant & machinery: Rs 169 lakhs
Working capital: -T.C.I: Cost of Project: Rs 726 lakhs
Return: 26.00%Break even: 50.00%
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Curcumin Extraction Unit

Curcumin is the main biologically active photochemical compound of Turmeric. It is extracted, concentrated, standardized and researched. Curcumin, which gives the yellow color to turmeric, was first isolated almost two centuries ago, and its structure as diferuloylmethane was determined in 1910. Extensive research within the last half a century has proven that its renowned range of medicinal properties, once associated with Turmeric, is due to Curcumin. Turmeric is a spice derived from the rhizomes of Curcuma long, which is a member of the ginger family (Zingiberaceae) and a gold-colored spice commonly used in the Indian subcontinent, not only for health care but also for the preservation of food and as a yellow dye for textiles. Rhizomes are horizontal underground stems that send out shoots as well as roots. Curcumin is extracted and researched for its renowned range of health-related and disease-preventing medicinal properties. Purification from 95% to 100% curcumin does not increase bioavailability of curcumin but the manufacturing costs are substantially higher. Hence 95% purity is available in markets. Curcumin is widely used to colour many foods. The Draft Codex General Standard for Food Additives provides an extensive list of such foods. Curcumin is listed for use in dairy products, fats, oils and fat emulsions, edible ices, fruit and vegetable products, confectionery, cereal products, bakery wares, meat and meat products, fish and fish products, eggs and eggs products, spices, soups, sauces and protein products, foodstuffs intended for particular nutritional uses, beverages, ready-to-eat savories and composite foods. Use levels of curcumin are in the range from 5 to 500 mg/kg depending on the food category. Global cancer drugs market has surpassed USD 100 billion valuation in 2015 and may reach nearly USD 145 billion by 2024, with U.S. being the major consumer. U.S. herbal dietary supplements market was over USD 6 billion valuation in 2015, with estimated gains at over 7.5%. Rise in consumer awareness related to over the counter availability owing to favorable government regulations should enhance curcumin demand. Curcumin production is mainly concentrated in India exceeding 78% of the global output. Changeable turmeric prices owing to unseasonal rainfall and environment hazards may impact curcumin market price trend. Pharmaceutical applications accounted for over 52% of the global curcumin market share. Effective and positive results from various diseases such as Alzheimer and gastric ailments are major reasons driving curcumin based supplements demand. Over the counter availability and approval from government should positively influence product demand in pharmaceutical market. Increasing application scope in food & beverages owing to rise in demand for natural colorant substance are another lucrative factor to favor product demand. However, large availability of synthetic colorant substance may restrain the market growth. Other potential applications include cyanide detection, solar PV and textiles. This facilitates the development of new technologies and ensures a high quality product. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Akay Flavours & Aromatics Pvt. Ltd. Arjuna Natural Extracts Ltd. Naturite Agro Products Ltd. Omniactive Health Technologies Ltd. Vinayak Ingredients (India) Pvt. Ltd. Synthite Industries Pvt. Ltd.
Plant capacity: Curcumin Powder : 100 Kgs / Day Turmeric Oil: 47.60 Kgs / Day Deoiled Turmeric: 1,842 Kgs / DayPlant & machinery: Rs 216 lakhs
Working capital: -T.C.I: Cost of Project : Rs 487 lakhs
Return: 27.00%Break even: 65.00%
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