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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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Set Up a Manufacturing Plant of Ply Board From Poplar & Eucalyptus Wooden Logs. Investment Opportunities in Wood Industry.

Introduction Plywood is a form of engineered wood sheet made up of fine layers or flimsy strands of wood veneers that are glued together at 90 degrees to one another. It is a type of manufactured board that is a combination of Medium Density Fiberboard (MDF) and Chip Board (Particle Board). It's a complicated substance that joins resin and wood fiber sheets. Plywood has grown in popularity over the last decade due to its low moisture content, which makes it ideal for a variety of tasks. Plywood has become very popular to use, particularly for outdoor purposes. Plywood is used in the construction of Motor Torpedo Boats and Motor Gun Boats by the renowned British powerboat firm. Related Project: Manufacturing of Ply Board from Poplar & Eucalyptus Wooden Logs Uses Plywood is a form of engineered wood sheet made up of fine layers or flimsy strands of wood veneers that are glued together at 90 degrees to one another. It is a type of manufactured board that is a combination of Medium Density Fibreboard (MDF) and Chip Board (Particle Board). It's a complicated substance that joins resin and wood fibre sheets. Followings are the uses and applications of plywood: • It is required wherever firm, strong material is required. • It is used as a high-quality layered wood material. • It was critical for construction and furniture making because of its resistance to bending, splitting, breaking, cracking, twisting, and warping. • For use in the open air. • For space or aviation parts making. • Since 1939, aviation has been used for space transportation. • Low-moisture plywood is used for a variety of applications, including shipbuilding. • U, or folded plywood, is used to create curved surfaces because the grains of plywood are easier to bend than those of regular wood. • This is used to build the inner surface of a skating rink. • Can be used for a variety of indoor stadium sports. • For the building of ships Production A good peeler log, which is generally straighter and larger in diameter than one needed for sawmill processing into dimensioned lumber, is required for plywood production. A long blade is pushed into the log horizontally and rotated around its long axis, allowing a thin layer of wood to peel off (much as a continuous sheet of paper from a roll). During rotation, a solid or roller nosebar is pushed against the log to create a "gap" for the veneer to move through between the knife and the nosebar. The nosebar helps to maintain the veneer being peeled to an accurate thickness by partially compressing the wood as it is peeled, controlling the vibration of the peeling knife, and assisting in holding the veneer being peeled to an accurate thickness. Related Videos: Wood and Wood Products, Plywood, Particle Board, Wooden Furniture, Bamboo, Forest Product, Wood Plastic Composite, Timber and Woodworking The log is peeled into sheets of veneer, which are then cut to the desired oversize dimensions to allow it to shrink when dried (depending on wood species). To shape the plyboard plate, the sheets are patched, graded, glued together, and baked in a press at a temperature of at least 140 °C (284 °F) and a pressure of up to 1.9 MPa (280 psi) (but more generally 200 psi). Depending on the market for which it is intended, the panel may be patched, minor surface defects such as splits or small knot holes filled, re-sized, sanded, or otherwise refinished. Indoor plywood typically uses a less costly urea-formaldehyde glue with minimal water resistance, whereas outdoor and marine plywood is engineered to withstand moisture and uses a water-resistant phenol-formaldehyde glue to avoid delamination and maintain strength in high humidity. Plyboard adhesives have been a source of controversy. In very high amounts, both urea formaldehyde and phenol formaldehyde are carcinogenic. As a result, several manufacturers are switching to "E"-rated low formaldehyde-emitting glue systems. Formaldehyde emissions are essentially zero in plyboard manufactured to "E0" standards. In addition to the glues, producers are focusing on the wood resources themselves, in part due to energy efficiency and respect for natural resources. Manufacturers who participate in these programmes may earn a variety of certifications. All certification initiatives that ensure that processing and construction practices are sustainable include the Programme for the Endorsement of Forest Certification (PEFC), Forest Stewardship Council (FSC), Leadership in Energy and Environmental Design (LEED), Sustainable Forestry Initiative (SFI), and Greenguard. Many of these initiatives provide tax advantages to both the manufacturer and the end consumer. Related Books: Wood, Bamboo, Coal, Lignin and Its Derivatives Plywood comes in many different varieties for various applications: Plywood made of softwood Softwood plywood is usually made of cedar, Douglas fir, spruce, oak, and fir (collectively known as spruce-pine-fir or SPF) or redwood and is used in building and industry. Plywood made of hardwood Hardwood plywood is made from dicot trees (Oak, Beech, and Mahogany) and is used for high-strength applications. Hardwood plywood is known for its high strength, stiffness, and creep resistance. It has high impact resistance and planar shear strength, making it ideal for heavy-duty floor and wall structures. The wheel-carrying ability of oriented plywood construction is high. Hardwood plywood has a high degree of surface hardness, as well as resistance to damage and wear. Plywood from the tropics Tropical plywood is made from a variety of tropical wood types. Originally from Asia, it is now produced in African and South American countries as well. Tropical plywood outperforms softwood plywood in terms of density, weight, layer evenness, and overall consistency. If it is made to high standards, it is normally sold at a premium in many countries. In the United Kingdom, Japan, the United States, Taiwan, Korea, Dubai, and other countries around the world, tropical plywood is commonly used. Because of its low cost, it is used for building in many areas. Many countries' forests, including the Philippines, Malaysia, and Indonesia, have been over-harvested, owing to the demand for plywood production and export. Market Research: - Market Research Report Plywood for Airplanes DH-98 (De Havilland) Mosquito was constructed of veneers that were bent and glued together. High-strength plywood, also known as aircraft plywood, is manufactured with heat and humidity-resistant adhesives and is made from mahogany, spruce, and/or birch. During World War II, it was used to build air assault gliders as well as many fighter aircraft, the most famous of which was the multi-role British Mosquito. Plywood, dubbed "The Wooden Wonder," was used for the wing surfaces as well as flat parts like bulkheads and wing spar webs. The monocoque fuselage's bonded ply-balsa-ply "sandwich" provided exceptional rigidity; elliptical in cross-section, it was shaped in two different mirror-image halves using curved moulds. Decorative Plywood (Overlaid Plywood) Decorative plywood (overlaid plywood) is usually made of hardwoods such as ash, oak, red oak, birch, maple, mahogany, shorea (also known as lauan, meranti, or Philippine mahogany), rosewood, teak, and a variety of other hardwoods. Related Projects: Wood and Wood Products, Plywood, Board, Particle Board, Wooden Furniture, Bamboo, Engineered wood, Forest product, Lumber, Tree, Wood drying, Wood plastic composite, Door, Window, Modular Furniture, Timber, Woodworking, Decorative Laminated Sheets Plywood that bends Flexible plywood was created for the purpose of creating curved pieces, a tradition that dates back to the 1850s in the furniture industry. [requires citation] Mahogany three-ply "wiggle board" or "bendy board" sheets are 3/8 inch (9.5 mm) thick and come in 4 by 8 foot (1.2 m 2.4 m) sheets with a very thin cross-grain central ply and two thicker exterior plies, either long grain or cross grain. When moulded into the desired curve, wiggle board is often glued together in two layers to make the final shape rigid and resistant to movement. Decorative wood veneers are often used as a surface layer. Plywood for the Marine Environment Marine plywood is made from tough face and core veneers with few flaws, so it lasts longer in humid and wet environments and prevents delamination and fungus. Its design allows it to be used in areas where it will be exposed to moisture for extended periods of time. Each veneer will be made from tropical hardwoods and will have a small core gap, reducing the risk of water trapping in the plywood and ensuring a strong and durable glue bond. Like other exterior plywoods, it's glued with an exterior Weather and Boil Proof (WBP) glue. Market Outlook In the year 2020, the global plywood market will be worth nearly USD 43 billion. Between 2021 and 2026, the plywood industry is projected to expand at a CAGR of 5%, reaching a value of nearly USD 57.6 billion. The global plywood demand is fueled by the construction industry's expansion. The Asia Pacific area is the most important market, with the largest market share. India and China are the largest plywood markets in the Asia Pacific region, owing to growing population growth and rising disposable incomes in both countries. Manufacturers' rising technical innovations to minimise manufacturing costs, increase profitability, and boost the quality of plywood products are also helping the industry. Projects:- Project Reports & Profiles Indian Plywood Market In 2020, the Indian plywood market will be worth INR 222.5 billion. Plywood is made up of thin layers of wood veneers that are glued together with strong adhesives. In the manufacture of plywood for different uses, softwoods, hardwoods, or a mixture of the two are used, such as many types of maple, mahogany, oak, pine, cedar, spruce, and so on. Hardwood plywood sheets are used to make furniture and other interior uses, while softwood plywood sheets are used to build on the exterior of a building. Plywood is primarily used for furniture manufacturing in India, accounting for two-thirds of total wood use. The Indian plywood market is expected to rise moderately between 2021 and 2026. Key Players: • Archidply Industries Ltd. • Asian Pre-Lam Inds. Pvt. Ltd. • Associate Decor Ltd. • Austin Plywood Pvt. Ltd. • Century Plyboards (India) Ltd. • Duroply Industries Ltd. • Ecoboard Industries Ltd. For More Details: https://www.entrepreneurindia.co/project-and-profile-details/Manufacturing%20of%20Ply%20Board%20from%20Poplar%20&%20Eucalyptus%20Wooden%20Logs
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Start the Wood Plastic Composite (WPC) Manufacturing Business. Best Investment Opportunities for entrepreneurs.

Introduction WPCs are thermoplastic composite materials consisting of wood fiber/wood flour and thermoplastic(s) such as PE, PP, PVC, or PLA. WPCs may include ligno-cellulosic and/or inorganic filler materials in addition to wood fiber and plastic. WPCs are a subset of natural fiber plastic composites (NFPCs), which may or may not include cellulose-based fiber fillers such as pulp fibres, peanut hulls, coffee husk, bamboo, straw, digestate, and so on. Chemical additives in the composite structure seem to be virtually "invisible" (except for mineral fillers and pigments, if added). They allow polymer and wood flour (powder) integration while facilitating optimal processing conditions. People in the flooring industry have begun to refer to WPC as a form of floor with a simple structure of top vinyl veneer plus a rigid extruded core in recent years (the core can be made without any wood fiber). Related Project: Wood Plastic Composite (WPC) Uses of Wood Plastic Composite (WPC) In comparison to the long history of natural lumber as a construction material, wood-plastic composites are still relatively new materials. WPCs are most commonly used in outdoor deck floors in North America, but they are also used in railings, walls, landscaping timbers, cladding and siding, park benches, moulding and trim, prefab houses under the brand name Woodpecker WPC, window and door frames, and indoor fur. In the early 1990s, wood-plastic composites were first introduced to the decking industry. Wood-plastic composites, according to manufacturers, are more environmentally friendly and need less maintenance than solid wood treated with preservatives or solid wood of rot-resistant species. These materials may be moulded with or without the appearance of wood grain. Related Books: Plastics, Polymers and Resins, Polypropylene (PP), Polystyrene (PS), Acrylonitrile butadiene styrene (ABS), Polyethylene terephthalate (PET), Polyester, PA, Poly (vinyl chloride) (PVC), Polyurethanes (PU), Polycarbonate (PC), Polyethylene (PE) Projects. Production of Wood Plastic Composite (WPC) Ground wood particles and heated thermoplastic resin are thoroughly mixed to create wood-plastic composites (WPCs). Extrusion of the material into the desired form is the most common method of manufacturing, though injection moulding is often used. WPCs are made from thermoplastics such as HDPE, LDPE, PVC, PP, ABS, PS, and PLA, which can be virgin or recycled. WPCs made of polyethylene are by far the most popular. Colorants, coupling agents, UV stabilisers, blowing agents, foaming agents, and lubricants are examples of additives that help customise the end product to the target application field. Strong and hollow profiles are made from extruded WPCs. Injection moulded pieces, ranging from automotive door panels to mobile phone covers, are also made. The constituents are mixed and processed in a pelletizing extruder in some production plants, which creates pellets of the new material. After that, the pellets are remelted and formed into the final shape. Other manufacturers combine mixing and extrusion into a single phase to complete the finished part. WPCs are typically manufactured at much lower temperatures than conventional plastics during extrusion and injection moulding due to the inclusion of organic material. WPCs, for example, process at temperatures about 50 degrees Fahrenheit (28 degrees Celsius) lower than unfilled materials. At about 400 °F (204 °C), the majority of them will start to burn. When processing WPCs at extremely high temperatures, the possibility of shearing, or burning and discoloration, arises from forcing a hot material through a narrow gate during injection moulding. The melt flow index (MFI) of a WPC is determined by the ratio of wood to plastic in the composite, with greater quantities of wood usually resulting in a lower MFI. Related Videos: Plastics Projects Advantages of Wood Plastic Composite (WPC WPCs do not corrode and are highly resistant to rot, decay, and marine borer attack, but the wood fibres contained within the material absorb water. Water absorption is more pronounced in WFCs with a hydrophilic matrix, such as PLA, which causes mechanical stiffness and strength to be reduced. An acetylation treatment can improve mechanical efficiency in a wet environment. WPCs are easy to work with and can be shaped with standard woodworking tools. WPCs are often regarded as a renewable material since they can be manufactured from recycled plastics and wood industry waste. They can, like concrete, be easily recycled into a new wood-plastic composite. One advantage of plastic over wood is its ability to be shaped into almost any desired form. Strong arching curves can be formed by bending and fixing a WPC component. Another advantage of these materials is that they do not require painting. They come in a variety of colours, but greys and earth tones are particularly common. Related projects: - Project Reports & Profiles Market Outlook: The wood-plastic composites market is expected to develop at a CAGR of 12.4% from 2016 to 2021, reaching USD 5.84 billion. The growing demand for wood-plastic composites in the building and construction industry is a major driver of market development. Between 2016 and 2021, the wood-plastic composites market in Asia-Pacific is expected to expand at the fastest pace. Increased construction activities and investments in the expansion or upgrade of manufacturing facilities have fueled development in China and India's economies. The largest economies in Asia-Pacific, China, Japan, and India, have more prospects for the growth of the wood-plastic composites market in the near future. Government initiatives to encourage industrial growth would further aid the growth of the wood-plastic composites industry in these countries. Market Research: - Market Research Report Over the last five years, the Indian Composites Industry has developed at a steady pace, serving a diverse range of raw materials, parts, and industries. The Indian composites industry is expected to develop rapidly, with a CAGR of 8.2 percent, to cross 4.9 lakh metric tonnes by 2022. Rebounding renewable energy, growth in mass transportation, penetration of composites in strategic sectors, and a modestly growing index of industrial production could all contribute to this level of growth. For More Details Click Here: https://www.entrepreneurindia.co/project-and-profile-details/Wood%20Plastic%20Composite
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Banana Cultivation (Banana Plantation is a Commercial Agricultural Facility)

Introduction: The banana is the world's oldest and most widely consumed fruit. It is an essential fruit that contributes to India's second-largest fruit industry. It's a nutrient-dense, tasty, and easily digestible fruit. It is available at all times of the year. Bananas are high in carbohydrates as well as minerals like calcium, potassium, magnesium, sodium, and phosphorous. Aside from fresh fruits, it can be eaten in refined ways such as chips, powder, flakes, and so on. The pseudo stem of a banana is chopped and fed to cattle. The leaves can also be used as a plate. Musa Cavendish and Musa paradisiaca are the botanical names for bananas, which belong to the Musaceae family. Bananas can be grown in a range of soil types, ranging from the lowest to the richest, including deep silty, clay, loam, and rich loamy soil. Related Project: - Banana Plantation. Banana Fruit Farming Business Banana cultivation is best done in soil with a pH of 6-7.5. Choose soil with good drainage, sufficient fertility, and moisture potential for banana growing. Banana cultivation requires soils that are high in nitrogen, have sufficient phosphorus, and have a high level of potash. Avoid soils that are waterlogged, poorly aerated, and nutritionally deficient. Sandy, saline, calcareous, and highly clayey soils should also be avoided. Banana farming is a major economic driver in many banana-exporting countries because it is labor-intensive, yields a fast return on investment, provides a consistent weekly income all year, and recovers quickly from hurricanes and other natural disasters. Benefits of Banana Farming: Banana leaves are wide, flexible, and aesthetically pleasing. They are used to seal, prepare, and serve food in tropical and subtropical regions. The fruit can be consumed whole or juiced. Ice creams, cookies, pies, milkshakes, preserves, smoothies, and preparation recipes will all benefit from it. Bananas do not have a growing season, but they can be harvested all year. They grow quickly and require a number of conditions, including direct sunlight, little wind, good soil drainage, and irrigation two or three days per week. Related Book: - Cultivation of Fruits, Vegetables and Floriculture Banana plantations, which need a lot of labour, are an important economic boost because they create jobs. Banana farming also offers a relatively fast return on investment and consistent income throughout the year. Furthermore, since bananas are a hardier crop, they recover easily from natural disasters, making banana farming a profitable endeavour. Planting Process: Bananas can be grown in a wide range of soil types. However, standard management practises should be slightly modified when planting in flood-prone areas and sand-deposited soil. If sand deposition exceeds 0.5 m and the region is inundated for more than 2-3 days during the monsoon, the area should not be considered for banana plantation. Banana plantations will package, process, and ship their product directly to international markets in addition to growing the crop. The banana fruit is often mistaken for a tree; however, the banana is a tall herb that can reach a height of 15 metres. Bananas are grown in over 1000 different varieties all over the world. Since bananas are a water-loving plant, they need an excessive amount of water for healthy vegetative growth. Give this commercial crop a lot of water to get the most production out of it, and in the monsoon, an average rainfall of 700 mm is ideal for the safe vegetative growth of bananas. Deep irrigation should be given to this crop in essential conditions such as drought. Related Videos: - Agro-Food Processing Industries Irrigation is needed immediately after planting it on the ground. Make sure there is enough water for the plants to grow well. If a banana tree is not properly irrigated, it will not produce any fruit. Excessive watering, on the other hand, can cause the roots to rot, resulting in low yield. Bananas are planted using two methods: the pit method and the furrow method. Planting takes place from February to May in South India, and from July to August in North India. It can be done at any time of year in South India, except during the summer. Market outlook: Banana output in 2019 was 116.0 million metric tonnes, with a CAGR of 4.1 percent. Bananas are the fourth most important food crop in terms of value, after wheat, rice, and maize, and the world's favourite fruit in terms of consumption volume. Bananas are the most widely grown and traded crop in the world. In recent decades, the crop has seen rapid increases in production and trade volumes as a result of rapid population growth in producing countries and expanding global import demand. Since the majority of banana cultivation is done on a haphazard basis by small holder farmers, accurate statistics on global banana production are difficult to come by. According to available data, global banana production is on average. With a 61 percent share of global consumption, Asia-Pacific leads the industry. Market Research: - Market Research Report India is the world's largest banana producer, accounting for nearly 25.7 percent of global production. Banana exports worldwide were expected to be 23.3 million metric tonnes. Around 15% of total global banana production is traded on the international market; the rest is consumed locally, mostly in large producing countries like India, China, and Brazil, as well as in some African countries where bananas play a significant role in people's diets. Banana output reached 116.0 million metric tonnes globally, with a CAGR of 4.1 percent. Consumers' attention has shifted to hygienic and nutritious food items as food and beverage technology advances and health consciousness grows. Vitamin B6, Vitamin C, Manganese, Potassium, dietary fibres, and protein are all abundant in bananas. Apart from raw use, bananas are used in a range of food items such as breakfast cereals, ice cream, and other desserts. The demand for bananas is expected to increase as a result of their numerous health benefits. Bananas are one of the most widely traded fruits on the planet. For More Details:- https://niir.org/profile-project-reports/profiles/banana-products-banana-flavour-banana-puree-banana-based-industries-banana-processing-banana-concentrate-banana-pulp-banana-wine-banana-beer-banana-chips-wafers-banana-powder-value-added-products-projects/z,,25,a,a/index.html?_sort_by=default
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Investment and Business Plans for Manufacturing of English Willow Cricket Bats. Business Opportunity in Sports Goods Industry

Introduction A cricket bat is a modified piece of equipment that batsmen use to strike the ball in the sport of cricket. It usually consists of a cane handle connected to a flat-fronted willow-wood blade. A batter who is making their ground will do it to prevent being run out if they keep the bat and hit the ground with it. The bat must be no longer than 38 inches (965 mm) in length and no wider than 4.25 inches in width (108 mm). The first time it was seen was in 1624. Since 1979, a law has required bats to be made entirely of wood. Related Project: Production of Cricket Bat (English Willow) Manufacturing of English Willow Cricket Bats Willow wood and cane are used to make the cricket bat. The handle of the bat is made of cane, and the blade of the bat is made of willow. Willow wood has properties that allow it to absorb shock. When the ball is struck hard and quick, it is difficult to bat. The shock is absorbed by the willow tree. The production of cricket bats goes through many stages in order to produce the highest quality bats. Various steps in the production process are included, from planting willow trees to playing cricket on the field. Kashmir willow and English willow are the two major bat-making woods in India. Step 1:- Plating willow trees and cane: Wood is the most popular raw material used in the production of cricket bats. Willow wood is the most common wood used in cricket bat manufacturing due to its shock-absorbing properties. Wetland areas are where willow trees are grown. For the manufacture of the bat, mature trees are used. The average maturity age of a tree is 15 to 35 years. When trees are cut down for bat manufacturing. On the site where the old tree was cut down, two new trees were planted. The bat is made in an environmentally friendly manner. Planting cane is the next step. Cane is a perennial grass that belongs to the grass family. Cane is used in the production of cricket bats. The bat's handle is made of cane. Related Books: Wood, Bamboo, Coal, Lignin and Its Derivatives Step 2:- cutting trees: When willow trees are mature enough for processing, they are cut in the correct manner according to the guidelines and measurements of ice. After cutting down trees, the cut parts are given a shape. After that, the blades are stored in drying rooms to dry. This procedure takes six months to complete. The handle is made of cane and is held together with rubber and wood glue. Step 3:- assembling blades and handle: After cutting the trees and extracting the moisture from the cricket bat blades, the next step is to join the handle and blade. The handle is included in the blades, which are used to cut parts to a particular length. The blades are then given form by the staff who use the machines. This necessitates highly qualified personnel. Step 4:- shaping to shoulders and handle: Following the assembly of the cricket bat's handle and blades, the shoulders and handle of the bat must be formed. Fine pressing is used to form the shoulders and handles, and then the bat's handle is given a round shape. Related Videos: Business Ideas for Startups Step 5:- sanding: The sanding process begins after the bat has been shaped and mixed. This is a time-consuming process that involves a few paper evaluations in order to reach a satisfactory conclusion. Finally, brush sanders are used to achieve a beautiful smooth finish. Step 6:-Binding: Binding entails wrapping the bat's handle in the finest quality twine. The handle is made of the highest quality twine. The bat is assembled in a system that is operated by a foot treadle; the handle is rubbed with a stick and whipped with twine to ensure consistency at the join and along the handle's length. Related Projects: Miscellaneous Products, Projects Step 7:- polishing: After that, the cutting edge is finely polished with a compound wax that finishes and straightens the wood, leaving a glossy silk finish. A traditional wooden bat's surface is oiled with crude linseed oil before each game and during the season. This protects the wood and makes it less susceptible to moisture changes in the atmosphere, which could cause twisting or warping. Another important aspect is that it improves the surface rubbing of the ball against the bat surface, allowing for better chance management. The player can see a worn-out surface, indicating that re-oiling is needed. Raw linseed oil is used instead of bubbled linseed oil since the crude structure isn't a drying oil in the same way that bubbled linseed oil is, so the surface remains shabby. Step 8:- labeling, Gripping and knocking-in: The next step after such a procedure is branding. The sticker is stacked to the blade on the upper side of the bat, where the handle is positioned in the blade, for branding purposes. The different company stickers were stacked on the blade according to the matches. After marking, the rubber is wrapped around the bat's handle for a stronger grip. Knocking-in is a vital step in the bat manufacturing process that must be completed before the bat can be used. This strengthens the bat's blade. Related Projects: Wood and Wood Products, Plywood, Board, Particle Board, Wooden Furniture, Bamboo, Engineered wood, Forest product, Lumber, Tree, Wood drying, Wood plastic composite, Door, Window, Modular Furniture, Timber, Woodworking, Decorative Laminated Sheets Export Scenario In 2008-2009, industry exports were valued at approximately Rupees 585 crores, up from 320 crores in 2003-2004 at a rate of 14.7%, and it has risen to 2000 crores in 2016. With the country establishing the reputation of its products in the global market, India's share of the global sports goods exports market is expected to increase significantly. Inflatable balls and other sporting products have become a top foreign sourcing destination for international brands like Mitre, Lotto, Umbro, and Wilson in recent years. In addition to being original equipment manufacturers (OEM) suppliers for foreign sports brands, Indian sports goods manufacturers now export products under their own brand names. General exercise equipment became the category leader in the domestic export goods segment from 2007 to 2008, with a growth rate of more than 70%. Hammocks have become one of the most common export products, with a growth rate of 24.1%, and India being home to Asia's leading hammock manufacturers. Exports of inflatable balls increased at a rate of 10.6%. For Indian sporting products, the EU, America, and Australia are some of the most significant global export markets. India's largest export market is the United Kingdom; between 2006 and 2008, India exported US$ 38.4 million worth of sports and toy goods to the UK, an increase of 15.3%. In recent years, Indian goods have been exported for international sporting events such as the 2002 FIFA World Cup, where bladders made in India were used. Indian-made athletic boxing equipment was also used at the 1996 Atlanta Olympics and the 2008 Beijing Olympics (2008). Related projects: - Project Reports & Profiles Market Outlook The Cricket Bat Market has seen substantial growth in recent years and is expected to continue to do so over the projected period. EVA is a copolymer of ethylene and vinyl acetate that is used to make a wide variety of products. Cricket bats are usually made of white willow, which is widely used for cricket bat production due to its high shock-resistance and overall durability. The two most popular willow woods used to make cricket bats are English willow and Kashmir willow. Cricket bat manufacturers are mass-producing bats on a large scale as the sport grows in popularity around the world. Since its inception in England, cricket's popularity has grown and the game has spread rapidly. The game has grown in popularity and is now played in countries like Australia, India, Pakistan, Sri Lanka, Bangladesh, Afghanistan, and Australia, as well as South Africa, Zimbabwe, and the West Indies. Related Books: - BOOKS & DATABASES Currently, the game has received significant sponsorship from other countries, including North America, with the United States and Canada, as well as the Netherlands, Ireland, Germany, Nigeria, Oman, Nepal, Hong Kong, and others, being recognised as Associates by the International Cricket Council (ICC). This is one of the major factors that is expected to lead to an increase in demand for cricket bats, which will boost global market growth. Sunridges, Gray Nicolls, and Kookaburra are some of the most well-known cricket equipment manufacturers in the world. Sanspareilles (SG) Greenlands is quickly establishing itself as a market leader, selling 350,000 cricket bats each year. SG has been exporting 35% of its cricket bats to other countries. Market Research: - Market Research Report The Indian sports goods market In 2017, the Indian sports goods industry was worth US$ 3,621 million. By 2024, the market value is expected to hit US$ 6,054 million, with a CAGR of 9.0 percent from 2019 to 2024. India is a significant market for sporting goods. In 2017, India's population was estimated to be around 1.3 billion people, accounting for roughly 18 percent of the world's total population. Furthermore, the young generation, which is the target customer base for sports and fitness goods, makes up a significant portion of the existing population (the age group 15-29 years represents more than a quarter of the total population of India). India's sporting goods industry has thrived for nearly a century, thanks to a professional workforce. Because of its labor–intensive existence, the industry employs more than 500,000 people. India's sporting products are well-known worldwide and have made a name for themselves in the global sports goods industry. Nearly 60% of the total production of the domestic industry is exported. Few Major Indian Key Players: • Adidas India Pvt. Ltd. • Hike Pvt. Ltd. • Nike India Pvt. Ltd. • Puma Sports India Pvt. Ltd. • Sanspareils Greenlands Pvt. Ltd. • Sporting & Outdoor Ad-Agency Pvt. Ltd. For More Details: https://www.entrepreneurindia.co/project-and-profile-details/Production%20of%20Cricket%20Bat%20(English%20Willow)
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Production of Steel containers (Cargo Containers). Best Profitable Manufacturing Business Idea in Shipping Industry.

Introduction There are three types of steel containers. Choose from new or used shipping containers, converted shipping containers, and purpose-built containers, such as flat packs. What you buy will be determined by what you want to store in it and where you intend to keep it. Steel storage containers are solid and stable, and they are cost-effective. You can expect several years of good service from the right container. They are the most durable of all steel storage containers, since they are designed to withstand wet weather and the weight of other containers stacked on top when being transported overseas. As a result, they are constructed of high-grade steel with a rust-resistant coating, thick floors, and heavy doors with rubber seals and solid locks. On construction sites, shipping containers make excellent storage containers for building materials, plant equipment, and tools. These containers are known as anti-vandal containers because they are difficult to break into or damage. They're also great for storing household furniture, but we suggest using a container that's newer or in excellent condition for this to protect any sensitive items from moisture damage. Related Project: Cargo Containers Steel Containers Types of Containers: Container units are the most important component of the entire shipping, commerce, and transportation industries. These shipping containers are structures that hold various types of goods that must be transported from one location to another using various types of container ships. Dry Storage Container: The most widely used shipping container is a dry storage container, which comes in a variety of ISO-standardized dimensions. They come in sizes of 20ft, 40ft, and 10ft and are used to transport dry materials. Flat Rack Container: These are simple storage shipping containers with collapsible sides that can be folded to create a flat rack for shipping a wide range of goods. Open Top Container: With a convertible top that can be removed entirely to create an open-top, materials of any height can be easily transported. Related books: Steel, Iron, Ferrous, Non-Ferrous Metals with Casting and Forging, Aluminium, Ferroalloys Technology Tunnel Container: Tank storage units with doors on both ends of the container are very useful for loading and unloading materials quickly. Open Side Storage Container: These storage units have doors that can be converted to fully open sides, allowing for even more space for material loading. Double Doors Container: They're a type of storage unit with two doors, allowing for more space for loading and unloading of materials. Steel, iron, and other construction materials are available in regular sizes of 20ft and 40ft. Refrigerated ISO Containers: These are temperature-controlled shipping containers that are held at a constant low temperature. They are only used to transport perishable goods such as fruits and vegetables over long distances. Insulated or Thermal Containers: These are shipping storage containers with a temperature control system that allows them to keep a constant temperature. The material selection is made in such a way that they can last a long time without being affected by prolonged exposure to high temperatures. They are well suited for long-distance product transportation. Related Videos: Steel and Steel Products, Iron and Steel, Ferrous Metals Products, Alloy Steel, Tinplate, Carbon Steel, Steel Mill, Forge Products, Mild Steels Projects Cargo Storage Roll Container: One of the specialised container units made for transporting sets or stacks of materials is a foldable container. They are made of dense, sturdy wire mesh and are equipped with rollers for easy movement. These shipping container units are made a bit more cheerful by the availability of a variety of coloured wire meshes. The Manufacturing Process Steel is the basic component of all shipping containers. It is the best option because it is extremely sturdy, malleable, resistant to corrosion, and simple to maintain. It's also a lot less heavy than iron. Steel goes through a number of steps before it can be used as a shipping container. Other materials include aluminium and fiber-reinforced polymers. Step 1: Cutting the Steel The production process begins with the unrolling of massive steel rolls. Cutting the roll into many pre-measured sheets with perfect precision is made possible by technologically advanced machinery that uses laser technology. To achieve the desired corrugated effect on the sheets, a metal stamping method is used. Step 2: The Cleaning Process: The steel sheet takes shape and size after the initial process. However, it must be prepared for the next stages of production. Sandblasting and priming are used to thoroughly clean the sheets. These procedures effectively remove any dirt and grime that has adhered to the metal sheets' surface. Step 3: Other components: When the sheets are being made, other critical components that make up the whole container will be manufactured at the same time. Wall and roof panels, floor braces, square tubing, corner frames and posts, and floor frames are among them. Related Projects: Steel and Steel Products, Iron and Steel, Ferrous Metals Products, Alloy Steel , Cold Rolling, Foundry , Hot rolling , Pelletizing , Rolling , Rolling Mill , Stainless Steel , Steel Mill , Tinplate, Carbon Steel, Forge Products, Mild Steels Projects Step 4: Assembling of all parts: The welding of wall panels, floor braces, and roof panels, among other things, is the first step in the construction process. The top of the wall is then welded to the square tubing, and the floor panels are put together to form the floor frame. The door assembly is then welded to the floor frame after this is completed. The corner assembly, corner posts, and wall panels are then mounted. A Jig is used throughout the assembly process to ensure straight and accurate fitting. Step 5: Fixing the door panel: Many of the joints are welded into place after the door frame is mounted. The door bar is attached to this robust framework, and the doors are secured to the floor frame. Finally, the container's wall and roof panels are welded together to complete the frame. India Set to Boost Containers Manufacturing: In the years leading up to the COVID saga, India's trade increased dramatically. The Hon'ble Prime Minister's ‘Atmanirbhar Bharat' or ‘Self-Reliant India' initiative resulted in an increase in manufacturing and development activities under the ‘Make In India' scheme, improving India's containerized exports. The country currently has about 1.5 million containers at its disposal, but this number falls well short of the new supply-demand gap. As a result, India stands at the crossroads of a golden opportunity to emerge as a major supplier of shipping containers for both itself and the rest of the world, in order to sustain its ambitious ambitions for a $5 trillion economy and to alleviate the ongoing container shortage. Related projects: - Project Reports & Profiles India has a large number of shipyards that, instead of sitting idle, could be used to produce containers. Indian steel companies are already preparing to take advantage of this opportunity to enter the market and begin production. Domestic involvement and government support will potentially lower the cost of obtaining containers from other countries, such as China, which produces around 90% of all shipping containers in the world. The Indian government was swift to recognize this gap and, with the aid of the Ministry of Ports, Shipping and Waterways, has already formed a committee to investigate the feasibility of manufacturing containers in Bhavnagar, Gujarat; a pilot project that has already begun. India's decision to improve container manufacturing, if scaled up well and in a planned manner, would not only minimise the shortage on major routes in and out of the country, but will also lower logistics costs within the country. Related Books: - BOOKS & DATABASES Market Outlook The global shipping container industry was worth $8.70 billion in 2019 and is expected to hit $12.08 billion by 2027, with a CAGR of 4.3 percent between 2020 and 2027. A shipping container is a sturdy container that can withstand transportation, storage, and handling. These containers vary in size from large reusable steel boxes for intermodal shipments to the popular corrugated boxes. Containers are a way of bundling freight and goods into large unitized loads that can be quickly handled, transported, and stacked in a ship or yard, similar to cardboard boxes and pallets. Aluminum and steel are the most common materials used. Each container's size and classification are in accordance with the International Organization for Standardization's standards and regulations (ISO). Container size, product type, end use, and area are all segments of the global shipping container industry. Market Research: - Market Research Report The shipping container industry is divided into three categories based on container size: small containers (20 feet), large containers (40 feet), and high cube containers (40 feet). Dry storage containers, flat rack containers, refrigerated containers, special purpose containers, and others are the different product types. Food and beverages, consumer goods, healthcare, manufacturing equipment, vehicle transportation, and others are the end-use categories. It is divided into four regions: North America, Europe, Asia-Pacific, and LAMEA. Few Major Indian Key Players: • DCM Hyundai Ltd. • J.K. Technologies Pvt. Ltd. • AB Sea Container Private Limited • Techno-cap Equipments India Pvt. Ltd. For More Details: https://www.entrepreneurindia.co/project-and-profile-details/Cargo%20Containers%20%20Steel%20Containers
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Start Investing in Plastic Business. Ideas and Opportunities in Production of PVC Edge Band Tape.

Introduction: Edge banding, also known as edge banding, is a finish carpentry process and a narrow strip of material used to produce sturdy and aesthetically pleasing trim edges. PVC, which is created by combining, calendaring, vacuum moulding, and other methods, is the key component of PVC edge banding strip. Furniture, office, kitchenware, teaching equipment, and civil engineering are only a few of the industries that use our products. Related Book: - Detailed Project Profiles on Hi-Tech Plastic Products Thicknesses range from 0.3 to 3mm, and widths range from 12 to 80mm. Smooth surface, no blistering, no stretch marks, mild glossiness, flat surface and back, uniform thickness, consistent width, fair hardness, high elasticity, good quality, solid wear resistance, edge banding side colour is similar to surface colour after trimming. Uses of PVC: Edge banding is a thin material that is used to seal plywood's exposed and raw edges. On one side, heat sensitive adhesive is applied to the board, while the other side serves as a dirt and moisture barrier. When using Pressure Laminated and Melamine Cabinets, PVC edge banding is the most common choice. With the popularity of modern European cabinetry on the rise, cabinets with glossy or colourful finishes are becoming more common. Edge banding made of PVC (polyvinyl chloride) is a thermoplastic resin that is both versatile and durable. Related Projects: - Plastics, Polymers and Resins, Polypropylene (PP), Polystyrene (PS), Acrylonitrile butadiene styrene (ABS), Polyethylene terephthalate (PET), Polyester, PA, Poly(vinyl chloride) (PVC), Polyurethanes (PU), Polycarbonate (PC), Polyethylene (PE)Projects PVC bands can be used on almost any form of wood, but the thickness of the band can vary. To ensure strength and longevity, it is critical to use the appropriate band for the material. Kitchen, bedroom, bathroom, and office furniture may all benefit from edge banding. Edging will help the consumer adjust the design and look of the grain in the wood when used in wood projects. Edge bands provide a variety of functions for your furniture. First, it acts as a de facto seal on the edge of the core material, keeping moisture out. Second, by offering impact resistance, edge banding increases longevity and resilience. If you use solid wood edging, it may also contribute to the overabundance. Production Process: PVC Edge Band Manufacturing Process Steps: • Material Mixing And Batching • Extrusion • Sculpture • Cooling • Vacuum Calibration • Printing • UV Defence • Infrared Dryer • Final PVC Edge Band Rolling/Cutting Related Videos: - plastic products Heat tolerance, oil resistance, high hardness, abrasion resistance, and excellent bendability are all characteristics of PVC edge banding. The surface can be printed with different patterns, such as natural wood or some other wonderful design, and the surface can also be laminated or hot stamped with different patterns. The recycled PVC edge banding is environmentally friendly. It's widely used in beds, cabinets, doors, and windows, as well as office furniture, shelves, and machinery. Market Outlook: The PVC Edge Banding industry is one of the markets that has attracted a lot of attention from investors. In the coming years, the global PVC edge banding market is expected to expand. Edge banding is also one of the most effective and dependable methods for covering the raw edge of wooden panels used in new furniture. Market Research: - Market Research Report Due to technological advances and R&D activities, a variety of edge banding products, such as polyvinyl chloride (PVC), wood, and resins, are now available on the market. The booming construction sector, particularly in developing regions such as Asia Pacific, particularly in India, is expected to provide significant opportunities for the current edge banding materials market landscape players. Key Players: 1. OSLO Edge Band Tape 2. Fitch Italy PVC Edge Band Tape Manufacturer 3. Plastics sheets laminate pvc bord edge band tape 4. ANANT Edge Band Tape 5. Decolux Pvc Laminate & Edge Band Tape 6. PEGASUS EDGE BAND TAPE For More Details: https://niir.org/profile-project-reports/profiles/rubber-plastic-industries-frp-products-polymers-pet-pvc-ldpe-hdpe-polypropylene-acrylic-polyutherthane-projects/z,,1c,0,a/index.html #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #entrepreneurindia #startupbusiness #ProjectReport #startup #projectconsultancy #businessopportunity #PVCEdgeBandTape #WoodenEdgebandTape #EdgebandTape #PlasticMarket #PlasticBusiness #PlasticProducts #PlasticProduction #PlasticManufacturing
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Profitable Business Opportunities in Production of Poly Tetra Fluoro Ethylene (PTFE).

Introduction: Polytetrafluoroethylene (PTFE) is a solid, tough, waxy, non-flammable synthetic resin made from tetrafluoroethylene polymerization. Teflon, Fluon, Hostaflon, and Polyflon are all trademarks for PTFE, which is known for its slippery surface, high melting point, and resistance to almost all chemicals. These properties have made it popular among consumers as a non-stick cookware coating; it is also used in industrial goods such as bearings, pipe liners, and valve and pump components. Related Projects: - Plastics, Polymers and Resins, Polypropylene (PP), Polystyrene (PS), Acrylonitrile butadiene styrene (ABS), Polyethylene terephthalate (PET), Polyester, PA, Poly(vinyl chloride) (PVC), Polyurethanes (PU), Polycarbonate (PC), Polyethylene (PE)Projects Polytetrafluoroethylene, or PTFE, is an ivory-white, opaque plastic fluoropolymer with a wide range of applications. It's made by the free-radical polymerization of several tetrafluoroethene molecules and can be used in a variety of industries, including aerospace, food and beverage, pharmaceuticals, and telecommunications. PTFE is an extremely flexible material with a wide range of uses, but it's perhaps best-known for its non-stick properties. It's hydrophobic, non-wetting, high density, and resistant to high temperatures. Uses of PTFE: In the aerospace industry, PTFE is commonly used in the manufacture of carbon fibre composites as well as fibreglass composites. When debulking (vacuum removal of air from between layers of laid-up plies of material) and curing the composite, PTFE film is used as a buffer between the carbon or fibreglass component being installed and the breather and bagging materials used to encapsulate the bondment. The PTFE film prevents non-production materials from adhering to the component being made, which is sticky due to the carbon-graphite or fibreglass plies being pre-pregnant with bismaleimide resin. In hose assemblies, expansion joints, and industrial pipe lines, PTFE is frequently used as the liner, particularly in applications involving acids, alkalis, or other chemicals. Related Books: - Plastics and Polymers, Polyester Fibers, Pet & Preform, Medical, Expanded Plastics, Polyurethane, Polyamide, Polyester Fibers, Additives Because of its frictionless properties, it can better flow highly viscous liquids and be used in applications including brake hoses. The non-stick properties of PTFE have also been used in the dental industry to keep fillings from sticking together. Since it is anti-corrosive and non-reactive, PTFE is often used to make containers and pipes. This is helpful in laboratories where highly corrosive materials must be stored in glass containers. PTFE also has a higher tensile strength due to its carbon-fluorine bonds. PTFE can also be used as a computer lubricant. PTFE decreases friction, energy consumption, and pollution when used in this way. Because of its strength and heat resistance, PTFE is also used to make gaskets. It's also used in plumbing as a thread seal tape. PTFE is also used to insulate cables and connector assemblies because of its good electrical insulation properties. It's suitable for hooking up wire, coaxial cable, and printed circuit boards because of this. Manufacturing Process: Granular, dispersion, and fine powder types of PTFE are available. Due to its high melting temperature and melt viscosity, semi-crystalline PTFE is difficult to extrude and injection mould. As a result, PTFE processing is more similar to powder processing than conventional plastics processing. A water-based suspension polymerisation reaction produces granular PTFE. Compression moulding is often used to form the granular resin that results. Related Videos: - Plastics Projects PTFE dispersion products are produced in the same way, but with the addition of dispersing agents. Dispersion materials can be used for PTFE coatings or film casting can be used to make a thin film. An emulsion polymerisation reaction produces PTFE powder. The fine powder that results can be paste extruded into PTFE tapes, tubing, and wire insulation, or used as a corrosion inhibitor in other polymeric materials. Since the high melting temperature of 327 °C (621 °F) is higher than the initial decomposition temperature of 200 °C (392 °F), processing PTFE can be difficult and costly. Because of its extremely high melt viscosity, PTFE does not flow even when molten. Tiny amounts of comonomers such as perfluoro (propylvinyl ether) and hexafluoropropylene can be used to reduce viscosity and melting point (HFP). The otherwise perfectly linear PTFE chain becomes branched as a result of these, reducing its crystallinity. Market Outlook By 2022, the global market for polytetrafluoroethylene is projected to produce more than US$ 7 billion in sales, with demand estimated to be 247 thousand MT. PTFE is a common fluoropolymer that accounts for a large portion of the global market. It's a solid, versatile, non-resilient material with excellent chemical and thermal properties. It's also a great insulator over a large frequency and temperature spectrum. Market Research: - Market Research Report The fastest-growing market for PTFE is projected to be electronics and electrical. Because of its outstanding electrical insulation properties under extreme conditions such as high temperatures and aggressive chemicals, PTFE has a wide range of applications in the electronics and electrical end-use industries. The global polytetrafluoroethylene market is booming, thanks to rising demand from a variety of industries, especially the electrical and automotive industries. Key Players: • 3M • DUNMORE Corporation • Guarniflon S.p.A. • Jiangsu Taifulong Technology Co. Ltd. • Jiangxi Aidmer Seal and Packing Co. Ltd. • Lenzing Plastics GmbH and Co. KG • Markel Corporation • Ningbo Taifno PTFE Plastic Products Corporation • Nitto Denko Corporation • Rogers Corporation • Saint-Gobain • Technetics Group For More Details: https://niir.org/profile-project-reports/profiles/plastics-polymers-resins-polypropylene-pp-polystyrene-ps-acrylonitrile-butadiene-styrene-abs-polyethylene-terephthalate-pet-polyester-pa-poly-vinyl-chloride-pvc-polyurethanes-pu-polycarbonate-pc-polyethylene-pe-projects/z,,38,0,a/index.html
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Hemodialysis Blood Tubing

The Chronic Kidney Disease (CKD) is increasing in alarming proportion all over the world. In India due to lack of financial resources, lack of trained manpower & infrastructure leads to severe strain on existing health policies in the light of the increasing burden of CKD. Kidneys are probably the only vital organs which can be realistically replaced by artificial means. Maintenance dialysis is a well-recognized modality of treating patients having end stage renal disease. Several thousands of patients all over the world are surviving and achieving reasonable quality of life on maintenance dialysis. In India the first Hemodialysis facility was established in 1961 2 at the CMC Vellore; soon it was started at 3-4 major centers during that decade viz. CMC Vellore, KEM Mumbai, PGI Chandigarh & All India Institute of Medical Sciences, New Delhi. Over the last three decades many more dialysis facilities have been established in Government sector, in Charitable Trust run institutions & by Private Nephrologist. There has been persistent improvement in the numbers & quality of dialysis delivered over this period. Blood Tubing Sets for Hemodialysis designed specifically to connect patient with an external system that extracts blood of the patient to the dialyzer and reverts patient’s blood from the dialyzer. Consists of 2 Parts: Arterial and Venous line which are used during dialysis with attached fistula and dialyzer. Unique chambers are there which reduce foaming, increase air removal and do not trap EPO (Erythropoietin). This helps in ensuring secure machine fit and less incidence of wet out. Sets feature many practical improvements over than other competitor brands, especially as to internationalization of the components. To guarantee much safer and easier to use, sets in many configurations and specifications to meet customers' needs and fit all types of dialyzers and dialysis machines. With strict control over each manufacturing step, from granules formulation to final sterility assurance, ensures that Sunder Sets are of the highest quality. A single hemodialysis session in India with a new dialyzer can cost between 1800 and 3400 (versus 500 dollars in the USA), while a reuse session would cost between 1600 to 2700. The cost of single-use hemodiafiltration would range between 3200 and 4500. If there are no-cost constraints, HDF is a preferred option to conventional HD and most big dialysis units in India are progressively increasing the numbers of HDF machines (Nipro/Fresenius). In Dialysis unit, we have a total of 18 HD machines (14 for negative patients, 3 for hepatitis C patients, and 1 machine for hepatitis B or HIV) and 2 HDF machines. We have budgeted two more HDF machines for the current financial year. Market Trend: As kidney transplant is still an elusive procedure in India, most patients are put on hemodialysis. The driving force for the ever-increasing demand of dialysis equipment is the exponential rate of growth of non-communicable diseases like diabetes , obesity, and hypertension; and the continuous increase in the geriatric population (most likely to suffer from ESRD). India dialysis market was valued at USD 3.1 billion in 2017. The global kidney dialysis equipment market is touted to accumulate USD 16.5 billion at a stupendous 5.7 percent CAGR (compound annual growth rate) during the assessment period (2018–2023). Hemodialysis segment accounted for over 90 percent revenue share in 2017 and is projected to grow over the forthcoming years. In the center, dialysis accounted for more than 70 percent share in 2017. Market challenges: Consistent innovation in the dialysis equipment market is leading to the creation of complex systems that patients and clinicians are having trouble getting accustomed to. The greatest challenge is the lack of instructive training and ease of accessibility of the equipment. Currently, some players in the Indian dialysis equipment market include Fresenius, B Braun, Baxter-Gambro, and Nipro. At present, business in the Indian dialysis market is valued as USD 50.0 billion and is expected to grow further. One of the latest developments in the market is the proposed launch of a portable dialysis system by Medtronic. Such a machine will be easily transportable in rural India and will require less water, less treatment, and less technician expertise. As a whole there is a good scope for new entrepreneur to invest in this business. Few Major Players • Angi Plast Pvt. Ltd. • Fresenius Kabi India Pvt. Ltd. • Global Minetec Ltd. • Hemant Surgical Inds. Ltd. • Nipro Tube Glass Pvt. Ltd.
Plant capacity: 4000 Pcs Per DayPlant & machinery: 133 Lakhs
Working capital: -T.C.I: Cost of Project:404 Lakhs
Return: 25.00%Break even: 55.00%
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Ayurvedic Pain Balm

Mother Nature is full of various plants popularly known as herbs. These harbors have various properties that very efficiently provide cure to various diseases like muscle pain, headache, back pain, joint pain, etc. These herbs are extracted in the form of oil in order to provide fast relief from pain. The herbal pain relief oil is manufactured using roots, stems, leaves of various species of plants. A balm is a concentrated, waterless moisturizer that delivers the oil directly to the skin. And because there is no water, there is no need for emulsifiers. Oils blend and beeswax thickens it up. The absence of water also means that balms do not require much preservative, because bacteria cannot grow without water. They are preserved with either essential oils and/or vitamin E. Balm is touted as a multipurpose product that may be used for a wide range of issues, especially pain. Here are some potential uses: • Toenail fungus: The active ingredient camphor may treat this type of fungal infection. However, this study was done using Vicks VapoRub, not Balm. • Back pain: The active ingredients camphor and menthol may help soothe this type of pain. • Common colds: Menthol may alleviate cold symptoms. • Congestion: A combination of menthol and eucalyptus may clear up congestion. • Flu-related symptoms: Menthol and eucalyptus may help aches associated with the flu. • Headaches: Menthol may provide relief. The addition of eucalyptus can also have pain-relieving effects. • Non-arthritic joint pain: Menthol and camphor may help treat this type of pain when it’s related to exercise and other activities. • Minor burns: Camphor and menthol may cool and soothe them. • Mosquito bites: Menthol may treat Trusted Source and repel these bug bites (but using a physical repellant, like bed nets, alongside menthol is best). • Neuropathy: Capsicum may alleviate neuropathic symptoms. Balm is used for local application for reducing pain and stiffness occurring due to various diseases. • Headache: Balm is a highly effective product that helps to obtain quick relief from a headache. It produces a soothing effect on the affected area and reduces the pain. The cooling action produced by ingredients present in this product helps to enhance its beneficial effect in reducing pain. • Common Cold: The common cold is an acute condition that causes a headache, running nose, congestion in the nose, and sneezing. Applying balm over the nose and the forehead can provide instant relief from these symptoms. The common cold is caused by a viral infection. The symptoms caused by this condition last for about 3 to 4 days after which they resolve spontaneously. • Neck pain: Cervical spondylosis is a common cause of pain in the neck. It also affects the movements of the neck and leads to the stiffness of the muscles in this region. Application of balm can provide relief from these symptoms. It produces a soothing effect in the affected area and reduces the discomfort. • Back pain: Balm can be used to get rid of back pain caused by sprain and lumbar spondylosis. It produces a soothing effect in the affected area and helps the patient move about freely without much discomfort. • Arthritis: Balm is useful in the treatment of joint diseases like arthritis. It can also be used for obtaining relief from the stiffness and pain in the small joints caused due to rheumatoid arthritis. The herbs present in this medicine produce a local anti-inflammatory action. This helps to reduce swelling and pain in the joints. • Shoulder pain: Pain and stiffness in the shoulders may occur due to the tear or minor injury in the ligaments or muscles in the region. Applying balm over the affected area can help to get rid of these symptoms. It produces a soothing effect and reduces pain and stiffness. • Muscle pain: Overexertion is a common cause of pain in the muscles. balm can be highly effective in providing relief from muscle pains. It reduces the pain and discomfort in a short duration of time. It also produces a soothing feeling over the affected part. • Strains and sprains: Balm can be used to get rid of the pain caused by strains and sprains. These are acute conditions often caused due to a sudden fall, twisting of the part of a body or a missed step. This may lead to a tear or injury to the ligament. The common parts of the body prone to strains and sprains are the ankles, neck, and the back. Ayurveda is an alternative medicine system with historical roots in India. The Indian wellness and ayurveda industries go hand in hand. Ayurveda is globally acclaimed for its preventive healthcare properties and treatment of many chronic lifestyle disorders. The Indian ayurveda industry has several large players, with the micro, small and medium enterprises (MSMEs) capturing 80% market share. Ayurveda is witnessing a resurgence in India because people have accepted this as a way of life as opposed to the earlier notion of ayurveda as an alternative area of medicine. The government set up the Ministry of AYUSH (Ayurveda, Yoga, Unani, Siddha and Homoeopathy) in November 2014 to promote the country's indigenous alternative medicines including education and research. Thus, due to demand it is best to invest in this project. Few Indian Major Players • Amrutanjan Health Care Ltd. • Arya Vaidya Pharmacy (Coimbatore) Ltd. • Ayurvedic Pharmaceutical Co. Ltd. • Ayusri Health Products Ltd. • Emami Ltd. • Heal Ayurveda Pharmacy Ltd. • Himalaya Drug Co. Pvt. Ltd.
Plant capacity: 13333 Bottles Per DayPlant & machinery: 15 Lakhs
Working capital: -T.C.I: Cost of Project:293 Lakhs
Return: 32.00%Break even: 42.00%
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Chocolate Confectionery Plant (Milk Chocolate, Dark Chocolate, White Chocolate, Orange & Tangy Flavour Toffee, Citric Flavoured Candies & Chocolate Wafers)

Chocolate is a product that requires complex procedures to produce. The process involves harvesting coca, refining coca to cocoa beans, and shipping the cocoa beans to the manufacturing factory for cleaning, coaching and grinding. These cocoa beans will then be imported or exported to other countries and be transformed into different type of chocolate products. The chocolate and confectionery products industry has traditionally been subject to significant fluctuations in demand. Chocolate products tend to be seasonal in nature, with demand increasing sharply during the holidays. Consumers of all age groups prefer chocolate and confectionery products because of their attractive appearance and colour. In addition, several consumer trends have had an impact on demand. Now-a-days varieties of products have gained importance due to their delicious taste and better keeping quality. Chocolate, candy and gum are some of people’s best-loved treats. These sweets have been enjoyed around the world for thousands of years. Early man developed a taste for sweets by digging honey from beehives. Recorded history traces several types of actual candy to the Egyptians 3,500 years ago. Boiled candies were popularized in 17th century Europe. By the mid-1800s, more than 380 American factories were producing candy. Confectionery, gummies/jellies, hard candy, toffee and fudge. The main reasons for purchasing are convenience, passive health, age, choice and pleasure. The most popular flavour groups are brown flavours, fruit, nuts, mints & menthols and dairy flavours. The top 5 companies supplying confectionary are Cadbury, Nestle, Kraft, Lindt and Mars. Flavanols are the main flavonoids found in cocoa and chocolate. Research over the past decade has identified flavonoids as showing diverse beneficial physiological and antioxidant effects. Flavonoids are compounds also found in fruits, vegetables, and certain beverages such as tea, red wine, and grape juice. Chocolate is not high in cholesterol. Cocoa and its components (cocoa solids and cocoa butter) are not recognized as a source of Trans fat in the diet. Confectionary products include a wide variety of food items, like – milk chocolate, white chocolate, citric flavor candies, orange flavor candies, tangy flavor candies, hard sweets, fudge, toffee, milk tablet, liquorices, jelly candies, marshmallow peeps, marzipan sweets, divinity, chewing gum, etc. The preparation and manufacture of chocolate and confectionary products require hoards of raw materials. These include - basic food colours, blended food colours, lake colours, natural food colours, food chemicals, spray dried coated powder flavour, soft drink concentrates, baking powder, icing sugar, coco powder and natural gums. Chocolates are the favourite item of children. Its primary feature is that it is solid at room temperature of 20 - 25 deg. C and yet melts rapidly in the mouth at 37 deg. C giving a liquid, which appears smooth to the tongue. The toffee and candy are used after meal, dinners as smooth refresher. It drives away bad smell from mouth and refreshes the breath. Sometimes it causes good sensation while chewing. Chocolate wafer are usually enjoyed as a snack. The chocolate wafers product is more nutrient due to the addition of the flavor layers and the dried fruits, the multi-flavor chocolate wafer biscuit is more beneficial to intake of nutrition and calories for people. The chocolates market in India is estimated at around 45,000 tonnes valued at approximately Rs 15.0 bn. The counter market is estimated at about Rs 5 to 7 bn and the rest is made up of chocolate bars. Chocolates make up less than a fourth of the sweet-tooth products including sugar-boiled confectionery, mints and chewing gums. Sugar confectionery is by far the largest segment. To push sales, chocolate majors have been targeting adult clientele. Chocolates are being presented as snack food for the new target audiences. Another strategy sought was the introduction of smaller editions. Growing at a compounded annual growth rate (CAGR) of about 25% Indian chocolate industry’s size is presently worth about 50 bn and is likely to cross Rs. 75 bn mark in the next couple of years while globally the chocolate industry is worth over USD 85 bn. Besides, India’s per capita chocolate consumption is having at about 100 gm & urban centres comprise 35% of the chocolate consumption in the country. Cocoa, specifically, the market size (volume) of cocoa was 3,455,622 metric tonnes in 2013 and is estimated to grow at a compounded annual growth rate (CAGR) of 3.1 % from 2014 to 2019. As for the chocolate market, it is projected to grow at a CAGR of 2.3% from 2014 to 2019. By 2019, the world cocoa market is expected be worth about USD 2.1 bn, and the world chocolate market is expected to be worth about USD 131.7 bn. India chocolate market projected to grow at a CAGR of over 16% to reach $ 3.3 billion by 2023 with the country currently representing one of the world’s fastest growing markets for chocolates. Entrepreneurs who invest in this project will be successful. Few Indian Major Players • Gandour India Food Processing Pvt. Ltd. • Inbisco India Pvt. Ltd. • Joyco India Pvt. Ltd. • Lotte India Corpn. Ltd • Mondelez India Foods Pvt. Ltd. • Perfetti Van Melle India Pvt. Ltd.
Plant capacity: Milk Chocolate:1,600 Kgs Per Day Dark Chocolate:1,600 Kgs Per Day White Chocolate:1,600 Kgs Per Day Oragne & Tangy Flavour Toffee:1,200 Kgs Per Day Citric Flavoured Candies:1,200 Kgs Per Day Chocolate Wafers:1,600Kgs Per DayPlant & machinery: 249 Lakhs
Working capital: -T.C.I: Cost of Project:671 Lakhs
Return: 29.00%Break even: 54.00%
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