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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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Manufacturing Business of Silicon Metal. Investment Opportunities in Profitable Industry.

Silicon metal is a semi-conductive grey metal that is used in the production of steel, solar cells, and microchips. Silicon is the second most plentiful element in the earth's crust (after oxygen) and the universe's eighth most common element. Silicon accounts up over a third of the weight of the earth's crust. Silicon is the eighth most abundant element in the universe by mass, yet it is extremely rare in the Earth's crust as a pure element. It is most widely spread in space as various forms of silicon dioxide (silica) or silicates in cosmic dusts, planetoids, and planets. Silicate minerals make up more than 90% of the Earth's crust, making silicon the second most abundant element in the crust (approximately 28 percent by mass) behind oxygen. Silicon is a naturally occurring element with a 400-year residence duration in the world's oceans when not previously there. Uses of Silicon Metal: Commercially, silicon is used without being separated and with minimal processing of the native minerals. Clays, silica sand, and stone are used in industrial construction. Silicates are found in Portland cement, which is used to manufacture mortar and stucco, as well as concrete for walkways, foundations, and roadways. They're also found in whiteware ceramics like porcelain, as well as standard silicate-based soda-lime glass and a variety of speciality glasses. Silicon carbide, for example, is employed as an abrasive and as a component of high-strength ceramics. Silicon is the main component of silicones, which are commonly used synthetic polymers. Market Outlook: The global silicon metal market was worth USD 6.05 billion in 2019 and is predicted to increase at a CAGR of 4.6 percent between 2020 and 2027. The market is likely to be fueled by rising aluminium output around the world. Various reasons are currently driving the global silicon metal market, including a rise in demand for aluminium alloys in the automotive industry, an increasing silicone application spectrum, demand from energy storage industries, and consistent demand from the worldwide chemical sector. Growing use of silicon metal in solar panel manufacture and a focus on lowering silicon metal production costs will help the global silicon market grow in the future. Silicon metal is already a critical component of the metal smelting industry; however, demand for the material has risen in recent years, owing primarily to the electronics and solar industries. In 2019, Asia Pacific dominated the Silicon metal market, with a revenue share of 38.3 percent. The presence of a big aluminium and silicone production base in China is responsible for this high proportion. In addition, China is the world's largest manufacturer of silicon metal. China's market is oversupplied, and as a result, the country exports a significant amount of its product. Partially consolidated is the silicon metal market. The market is divided into two categories based on product type: metallurgy grade and chemical grade, with metallurgy grade dominating the market. Aluminum alloys, semiconductors, solar panels, stainless steel, and other applications are the segments of the market. Major Key Players: 1. Gravita India Ltd. 2. Kothari Metals Ltd. 3. Oswal Minerals Ltd. 4. Singhania Minerals Pvt. Ltd. 5. Welcome Impex Pvt. Ltd.
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Lucrative Business Opportunities in Production of Medium Density Fiberboard (MDF). Increasing Demand of Wood and Wood Based Products.

MDF (Medium Density Fibreboard) is a type of reconstituted wood panel. It's a solid, dry-processed fibreboard made from wood fibres rather than veneers or particles. It's denser than plywood and particleboard. MDF has a consistent density and is smooth on both sides. MDF is reconstituted into a variety of widths and lengths of wood sheets. The inclusion of synthetic resin adhesives, which are cured under heat and pressure, achieves bonding. Because of its weak moisture resistance, MDF is mostly used for inside applications. It comes unfinished with a fine sanded surface or with a decorative overlay like wood veneer, melamine paper, or vinyl. The following are the different types of MDF (which are sometimes classified by colour): 1. MDF plate that is extremely light (ULDF) 2. Moisture-resistant plywood is usually green in colour. 3. MDF that is fire resistant is usually red or blue in colour. Advantages of Medium Density Fiberboard: 1. Moderate Density Fibreboard has no grain and may be drilled and sliced without damaging it. Its great density allows equipment to be used on it. 2. It is free of kinks and knots and has a smooth surface. 3. Unlike actual wood, MDF does not flex or expand as a result of temperature changes. The swelling that happens in MDF as a result of moisture exposure is likewise minor. 4. Because of its high density, MDF holds hinges and screws better. 5. Unlike raw wood, which takes a long time to dye, MDF is simple to stain and colour. 6. MDF can be easily cut and carved into various designs due to its smooth edges. 7. To simulate genuine wood, the panel can be stained or painted. MDF panels can also be covered in laminates and wood veneers to make them look like real wood. Market Outlook: The global market for medium density fiberboard was worth USD 61.3 billion in 2019 and is predicted to increase at a CAGR of 6.6 percent from 2020 to 2027. The growing use of the product in furniture and building applications is projected to drive demand. The MDF market is being driven by an increase in demand for MDF for furniture, as well as the widespread usage of these boards in building materials. Because of expanding product application in furniture and building applications, as well as technical breakthroughs and improvements in production, the global medium density fiberboard (MDF) market is predicted to rise rapidly. One of the key factors contributing to the global MDF market's growth is the increasing building and construction industry, particularly in emerging countries. In 2019, Asia Pacific dominated the MDF market, accounting for 61.0 percent of total market share. In the construction industry, increased construction investment in emerging nations to fulfil rising residential housing demand is predicted to be a major factor boosting demand for MDF panels. The rising usage of recycled wood fibres in MDF production has also helped to propel the medium density fiberboard industry forward. Growing manufacture of environmentally friendly MDF products will provide new market prospects. All of these reasons are expected to boost demand for medium density fiberboard in the future years. Major Key Players: 1. Amazon Wood Pvt. Ltd. 2. Aryan Enterprises Pvt. Ltd. 3. Asian Pre-Lam Inds. Pvt. Ltd. 4. Associate Decor Ltd. 5. Bajaj Eco-Tec Products Ltd. 6. Best Board Ltd. 7. Darshan Boardlam Ltd. 8. Divine Board Pvt. Ltd.
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Set up a Profitable Business of Oxygen Gas Plant. Rising Demand of Oxygen, Due to Covid-19 Pandemic.

Oxygen (O) is a nonmetallic chemical element in Periodic Table Group 16 (VIa, or the oxygen group). Oxygen is a colourless, odourless, and tasteless gas that is taken up by animals, who then convert it to carbon dioxide; plants, on the other hand, use carbon dioxide as a carbon source and return oxygen to the environment. Oxygen produces compounds when it reacts with nearly every other element, as well as when it reacts with other elements to displace them from their combinations; in many circumstances, these reactions are accompanied by the evolution of heat and light, and are referred to as combustions. Water is the most crucial component. Medical oxygen is a high-purity oxygen that is developed for use in the human body and is utilised for medical treatments. To avoid contamination, medical oxygen cylinders only contain high-purity oxygen gas; no other gases are permitted in the cylinder. An oxygen concentrator should have a medical grade oxygen content of no less than 90.0 percent and no more than 96.0 percent. When looking at appropriate oxygen saturation levels, it's also necessary to consider altitude. Because it is classified as a drug, it must meet FDA regulations for compressed medical gas. One of the requirements is that oxygen cylinders be thoroughly emptied at all times to reduce the danger of contamination. One of the requirements is that oxygen cylinders be thoroughly emptied at all times to reduce the danger of contamination. Benefits of Medical Oxygen Gas: Oxygen is utilized as a medical treatment in both chronic and acute instances, and it can be administered in a hospital, a pre-hospital setting, or completely outside of a hospital setting. It is used for emergency resuscitation, anesthetic, life support for patients who are unable to breathe on their own, and oxygen treatment. Athletes also take medicinal oxygen during training or at high elevations. Medical oxygen is used for the following purposes: 1. Serve as a foundation for almost all modern anesthetic procedures. 2. Improve oxygen availability to restore tissue oxygen tension in a variety of diseases, including COPD, cyanosis, shock, severe bleeding, carbon monoxide poisoning, serious trauma, and cardiac/respiratory arrest. 3. Assist with resuscitation. 4. Provide artificially ventilated patients with life support. 5. Support cardiovascular health. Market Outlook: In value terms, the global medical oxygen market was valued at USD4572.39 million in 2020, and it is expected to increase at a CAGR of 7.02 percent to USD6712.32 million by 2026. The rising frequency of respiratory illnesses among the population is driving the global medical oxygen market. Furthermore, significant elderly population rise is expected to boost market growth during the predicted period. Furthermore, the growing demand for home healthcare facilities is likely to boost the market's growth in the coming years. The market is projected to be restrained by increased knowledge and adoption of alternative products such as oxygen concentrators. Technological improvements are allowing the introduction of unique oxygen supply items, which will act as a restraint on the oxygen gas industry. Rising Demand of Oxygen Gas in COVID-19 Pandemic: The world has been hammered severely by the second wave of coronavirus infections. The new surge in COVID-19 cases has increased demand for medical oxygen, a vital commodity in treating the respiratory condition, putting significant strain on the nation's medical infrastructure. Over the last six months, the demand for oxygen in hospitals has reportedly increased by 600-800 percent. From treating heart failure and pneumonia to asthma and COVID-19, oxygen therapy has the potential to save millions of lives. Covid-19 has had a favorable impact on the worldwide medical gas oxygen market's growth. The increased number of COVID-19 cases has fundamentally driven the demand for medical oxygen gas for intensive care during the Covid-19 pandemic. Because of the rising number of COVID-19 patients, the demand for oxygen has increased to 1.1 million cylinders in low to middle income nations alone. Preventive steps are being taken in a number of nations to ensure a sufficient supply of oxygen for COVID-19 patients.
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Investment Opportunities in Business of Surgical Hand Gloves. Rising Demand of Surgical Hand Gloves in Covid-19 Pandemic.

Surgical gloves are an essential element of a surgeon's or physicians daily attire. The purpose of these gloves is to keep both the health care professional and the patient safe from hazardous infections and pollutants. Gloves must be discarded after each usage to keep doctors and surgeons safe from disease transmission. Surgical gloves' principal function is to act as a protective barrier between healthcare workers and patients during surgical procedures, preventing disease transmission. A sterile glove that is worn to protect the hand from potentially infectious items and to prevent contamination of the patient during invasive operations. Surgical gloves with novel materials such as polyisoprene are currently on the market, however surgeons continue to choose latex for surgical gloves. Surgical gloves with a polymer inside layer are available to make wearing gloves easier whether your hands are wet or dry. Other enhancements include under-glove indications that are utilised while double-gloving to notify surgeons of impending glove punctures. Surgical gloves for antisepsis are standard practise in all medical facilities. Surgical gloves, on the other hand, have been used for a variety of purposes in the field of plastic and reconstructive surgery, in addition to antisepsis. Surgical gloves, on the other hand, have been used for a variety of purposes in the field of plastic and reconstructive surgery, in addition to antisepsis. Surgical gloves are commonly used by doctors, nurses, carers, dentists, and other healthcare professionals. Gloves should be worn during any patient-care activities that could expose them to blood or other bodily fluids (including contact with mucous membranes and non-intact skin), as well as during contact precautions during outbreaks. Gloves are a waste of resources when they are not required, and they do not contribute to a reduction in Cross-transmission. Market Outlook: The Surgical Gloves Market was valued at over USD 2 billion in 2019 and is expected to increase at a CAGR of over 10.5 percent between 2020 and 2026. The growing prevalence of communicable illnesses is driving the global surgical glove market. Some of the primary drivers driving market expansion include an increase in the number of surgical procedures performed around the world, as well as an increase in the rates of numerous chronic and acute diseases, as well as increased worries about cross contamination. The demand for surgical gloves will be driven by the growing geriatric population, which is prone to chronic ailments and may require surgery as a result. The market for surgical gloves is expected to rise due to factors such as an increase in the number of surgical procedures performed globally and an increase in the number of occurrences of healthcare-associated infections. Surgical Hand Gloves Market Growth in COVID-19: The surgical gloves market is a vibrant industry with tremendous company development potential, but the present COVID-19 conditions have produced uncertainty in forecasts, alterations in short-term planning goals, and a focus on near-term cost management and long-term complexity management issues. Profit pool growth in the Surgical Gloves market varied greatly in 2020, as firms swiftly aligned their strategies to the existing market conditions mostly succeeded. The COVID-19 pandemic has emerged as the world's most serious threat. This challenge will be worrisome, especially for underdeveloped countries around the world, as it would result in lower imports owing to global trade disruptions. Surgical gloves, on the other hand, had a large surge in demand during the early stages of the COVID-19 crisis, owing to a shift in client purchase habits for personal protective equipment.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Production of Essential Oil from Lemon Grass

One of the most important essential oils is lemongrass oil. Citral, the oil's most important ingredient, is extracted in large quantities. Citral is the raw ingredient used to make the most significant ion compounds (a series of aromatics with a powerful violet odour). Lemongrass essential oil contains vitamins A, B1, B2, B3, B5, B6, folate, and vitamin C, among others. Magnesium, phosphorus, manganese, copper, potassium, calcium, zinc, and iron are among the minerals found in it. Lemongrass is a grass that belongs to the Poaceae family. Lemongrass is also known as Cymbopogon, a genus of grasses that includes roughly 55 species. The skin-healing effects of lemongrass essential oil are one of its benefits. Lemongrass oil can aid to strengthen hair follicles, reduce hair loss, and soothe itchy and irritated scalps. Lemongrass oil is known to repel bugs like mosquitoes and ants due to its high citral and geraniol content. Lemongrass is one of many essential oils that can help with anxiety. Lemongrass oil has the capacity to treat muscle aches, cramps, and spasms, among other things. It might also aid with circulation. Lemongrass oil's health benefits are becoming more widely known, which is propelling the global industry forward. Individuals' growing preference for alternative remedies is resulting in an increase in the popularity of lemongrass among customers. Furthermore, the growing popularity of aromatherapy and the expanding availability of aromatherapy candles, diffusers, and oils are driving the worldwide lemon grass market forward. In addition, increased demand for lemongrass oil in the pharmaceutical and cosmetic industries is expected to enhance global market growth in the near future.
Plant capacity: Lemon Grass Oil (10 ml Size Pack) 1,334 Ltrs per Day Citral (as by Product) 100,000.0 Ltrs per DayPlant & machinery: 43 Lakhs
Working capital: -T.C.I: Cost of Project: 607 Lakhs
Return: 34.60%Break even: 69.69%
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Industry of Silicone Sealants (Acetic, Natural, MS & PU Types)

Silicones are a broad category of speciality, high-performance materials that include reactive silanes, silicone fluids, and silicone polymers. They're employed in a wide range of consumer and industrial applications. Silicone sealant is a type of adhesive that comes in a liquid form. It usually has the appearance, feel, and behaviour of a gel. It is chemically distinct from other organic polymer-based adhesives. Sealants are commonly chosen because of their capacity to fill gaps, prevent relative substrate movement, and exclude or enclose another substance. Sealants are commonly chosen because of their capacity to fill gaps, prevent relative substrate movement, and exclude or enclose another substance. They have a lower strength than adhesives, but they are more flexible. Sealants are also used as electrical and thermal insulators, fire barriers, and smoothing, filleting, and faying materials. A sealant serves three primary purposes, regardless of the application: 1. It is used to bridge the gap between two or more substrates. 2. It creates a barrier due to the sealant's physical qualities as well as its adhesion to the substrate. 3. It retains its sealing ability over the projected lifetime, service conditions, and environmental conditions. Silicone sealants are viscous polymers used in a range of industries as sealants. These sealants differ from typical adhesives in terms of elasticity and strength. The emerging nations' expansion of the automotive and transportation sectors, as well as the building and construction sectors, will provide significant growth prospects for the silicone sealants market. For example, infrastructure construction in Asia was valued at USD 1,030.7 billion in 2018 and is expected to grow at an annual rate of 8.9% through 2023, reaching USD 4,622.3 billion. Through 2027, rising construction activity in the region as a result of growing urbanization and industrialization may support silicone sealants market trends.
Plant capacity: Silicone Sealant 300 ml Plastic Cartridges 2,666.7 Packs per day Silicone Sealant 300 ml Aluminium Foil Packages 2,666.7 Packs per dayPlant & machinery: 27 Lakhs
Working capital: -T.C.I: Cost of Project: 283 Lakhs
Return: 30.19%Break even: 75.69%
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Investment Opportunities in Business of Adhesive (Fevicol Type)

Any non-metallic substance applied to one or both sides of two separate items that binds them together and prevents their separation is known as adhesive, also known as glue, cement, mucilage, or paste. Adhesives have some advantages over conventional binding processes like sewing, mechanical fastenings, and welding. These advantages include the capacity to bind diverse materials together, a more efficient stress distribution across a joint, the cost-effectiveness of a simple mechanised process, and increased design freedom. Adhesives are usually categorised by adhesion mechanism, then reactive or non-reactive, which relates to whether or not the adhesive chemically reacts to harden. Alternatively, they might be classified according to their first physical phase or if the basic material is natural or synthetic. Physical Properties: • High cohesive strength is desirable. • Adhesion to a range of substrates allows bonding of incompatible materials if necessary. • By flexing with peel tension, flexibility promotes peel strength. • The substrate's and adhesives high elastic modulus resists stress at the bond line. • The adhesive's high damping ability distributes dynamic stresses such as vibration, motion, and impact across the bond, as well as peel stresses at the bond line. The Indian adhesives market is predicted to develop at a CAGR of 6%, owing to technological improvements and increased infrastructure. The adhesives market in India will increase as a result of macroeconomic variables such as low per capita consumption and rising disposable income. Paper and packaging, medical and hygiene, as well as consumer and construction, will all enjoy growth in the worldwide adhesives and sealants market from 2019 to 2021. Few Indian Major Players 1. D H Resins & Chemicals Pvt. Ltd. 2. D I C India Ltd. 3. F C L Technologies & Products Ltd. 4. Feroke Boards Ltd. 5. Golden Chem-Tech Ltd. 6. Henkel Adhesives Technologies India Pvt. Ltd. 7. Konar Organics Ltd. 8. Leela Packagings Ltd.
Plant capacity: Adhesive (Fevicol Type) 10.0 MT per DayPlant & machinery: 17 Lakhs
Working capital: -T.C.I: Cost of Project: 161 Lakhs
Return: 26.70%Break even: 65.62%
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Production of Bicarbonate Cartridge Acid Concentrate Hot Disinfectant Cold Disinfectant

When mixed with acid concentration and pure water, a Bicarbonate Cartridge containing sodium bicarbonate powder creates fresh dialysate online. Fast and simple to load, with a variety of cartridge volumes to meet various treatment times. Liquid acid concentrations in a ready-to-use form for use with bicarbonate concentrate powder. When coupled with bicarbonate concentrate and pure water, nipro acid concentrates make it simple to make fresh online dialysate. Heat Disinfection is the thermal destruction of pathogenic and other bacteria. Disinfection is a safer alternative to sterilization. It kills the majority of pathogenic germs, although it doesn't necessarily kill all microbial types. A disinfecting solution that is effective for the patient, equipment, and operators. It works in all kinds of dialysis devices. All microorganisms, including viruses, bacteria, spores, fungus, and even the most resistant species, are killed by the cold disinfection solution. Due to the rigorous procedures involved in hemodialysis therapy, hospitals and diagnostic centers retain a dominant position in the market. As a result, end users account for a large percentage of the entire bicarbonate cartridge industry. However, the continued usage of dialysis machines around the world will create a significant growth opportunity for bicarbonate cartridge-based versions.
Plant capacity: Bicarbonate Cartridge 720 166.7 Nos. per day Bicarbonate Cartridge 650g 500.0 Nos. per day Acid Concentrate 666.7 Nos. per day Hot Disinfectant 33.3 Nos. per day Cold Disinfectant 33.3 Nos. per dayPlant & machinery: 53 Lakhs
Working capital: -T.C.I: Cost of Project: 1153 Lakhs
Return: 25.28%Break even: 35.25%
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Lucrative Business of IV Fluids (BFS Technology)

Intravenous fluids are fluids that are supplied intravenously, or directly through the circulatory system, to a patient. When a person's bodily fluid volume drops, they are given fluids. A drop in fluid volume can be caused by a variety of factors. Intravenous fluids are divided into two categories. Crystalloids, such as saline solutions, contain a solution of water-soluble molecules. • Electrolyte metabolism and treatment of waste water, especially in extreme cases. • Treatment for acid-base imbalances. • Volume substitution and replacement in the surgery of an accident victim who has lost blood. • Dextrose solution is utilized during the postoperative period when sodium extraction is reduced, and it is used for severally unwell and post-operative patients. The global intravenous solutions market is estimated to reach USD 18.9 billion by 2028, with a compound annual growth rate (CAGR) of 7.9% from 2021 to 2028. The market is likely to be driven by a rising incidence rate of chronic diseases such as cancer, an increase in the number of premature births, and a lack of I.V. solutions in the United States. Severe dehydration is one of the most common uses for intravenous (IV) fluids. In disorders like diarrhoea, severe dehydration occurs as a result of the body's fluids being depleted. The continuing COVID-19 epidemic is likely to boost the market's performance. Due to the significant intake of patients infected with severe acute respiratory syndrome coronavirus 2, intensive care units (ICU) around the world are either at maximum capacity or overcrowded (SARS-CoV-2).
Plant capacity: IV Fluids (500 ml Size Bottle) 100,000.0 Bottles per dayPlant & machinery: 751 Lakhs
Working capital: -T.C.I: Cost of Project: 1277 Lakhs
Return: 26.48%Break even: 54.19%
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Start Manufacturing Plant of Menthol Crystal

Menthol is a crystalline white substance. It can be made from natural sources or synthetically. The melting temperature of natural or synthesised laevo menthol is between 41 and 44°C, making it only therapeutically active. Some manufacturers categorise crystals based on their shape and size, and thus use a variety of terms, such as bold crystals, medium crystals, medium extra crystals, and medium extra-large crystals. Menthol crystals are excellent inhalants in and of themselves, and they're simple to use into recipes. It can be used as a natural insecticide, which means it can be used in the garden when other insects or honey are present. 1. Menthol is a hair growth stimulant that can be used by combining menthol crystals with hair oil. 2. Menthol crystal is also useful for sunburns; when blended with aloe vera gel, it soothes sunburns. 3. It removes dark sports and minimises black and white heads. 4. Menthol inhibits the spread of plague or kills germs that can cause gingivitis. Menthol crystals are obtained primarily from natural sources, and as a result, they are rising in popularity in both developed and developing countries. The expansion of natural based products from many industries is being pushed by manufacturers' increasing focus on natural and sustainable products. The cosmetics sector is highly regulated, thus natural-based raw ingredients are in great demand when producing cosmetics. In the next years, this is projected to drive the menthol crystals market. Few Indian Major Players 1. Bhagat Aromatics Ltd. 2. Everest Flavours Ltd. 3. Halcyon Life Sciences Pvt. Ltd. 4. Jindal Drugs Pvt. Ltd. 5. Malik Polychem Ltd. 6. Rupangi Impex Ltd. 7. Sharp Mint Ltd. 8. Swati Menthol & Allied Chemicals Ltd.
Plant capacity: Menthol Crystal 1,000.0 Kgs per day Dmentha Oil 333.3 Kgs per dayPlant & machinery: 196 Lakhs
Working capital: -T.C.I: Cost of Project: 643 Lakhs
Return: 28.87%Break even: 52.17%
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