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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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Fiberglass Wool Ceiling Tiles

Fiberglass ceiling tiles are made mostly of glass fibres encased in polymers and provide a number of advantages in a variety of applications. These are typically green building materials; lighter tiles can also be thrown directly on the ceiling without sagging or deterioration. Fiberglass, often known as glass wool, is one of the most effective insulating materials on the market, both thermally and acoustically. It is non-combustible even when in direct and continuous contact with flames. It does not emit toxic gases or smoke, two of the most dangerous health and life dangers in the event of a fire. Glass wool is a non-flammable material. It does not produce toxic fumes or smoke, two of the most dangerous health and life dangers linked with a burn. Acoustic ceiling tiles made of fibreglass are lightweight, easy to handle, and give the best sound absorption. These are employed in the following scenarios: • Commercial suspended ceilings • Auditoriums • Multiplexes • Theatres • Lecture halls • Libraries • Offices with an open floor plan • Meeting Rooms for Conferences • Bars and Pubs • Home Cinemas • Yoga and Meditation Centers In India, the fibre ceiling business has a promising future, with opportunities in both commercial and residential applications. The market is expected to grow due to increased demand for acoustic and thermal insulation, rising disposable income in developing countries, and shifting consumer preferences toward the aesthetics of homes and businesses. The adoption of sustainable and innovative building solutions, such as the use of eco-friendly materials for ceilings, floors, and walls, is anticipated to benefit market dynamics. The market's expansion is being stifled by the high raw material costs of ceiling tiles. Furthermore, ceiling tile installation is costly because it necessitates the services of a professional. Few Indian Major Players 1. K-Flex India Pvt. Ltd. 2. Lloyd Insulations (I) Ltd. 3. Owens Corning Inds. (India) Pvt. Ltd. 4. Rock Wool (India) Pvt. Ltd. 5. Saint-Gobain Gyproc India Ltd.
Plant capacity: Fiberglass Wool Ceiling Tiles 3,000 Sq. Mtr. Per DayPlant & machinery: 482 Lakhs
Working capital: -T.C.I: Cost of Project: 1082 Lakhs
Return: 27.00%Break even: 52.00%
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Industrial and Pharmaceutical Grade Starch from Cassava, Maize and Tacca Roots

Starch can be found in cassava, sorghum, maize, sago, and potatoes. The initiative's concentration, however, was on cassava starch production. Cross-linking starch results in a product that can be used to produce noodle, salad cream, or custard. This product is often made with corn and potato starch, but cassava, which is readily available and inexpensive, can be utilised to meet the needs of the people. Cassava (ManihotesculentaCrantz), also known as yucca in Central America, mandioca or manioca in Brazil, tapioca in India and Malaysia, and cassada or cassava in Africa and Southeast Asia 39, 40, is a lowland tropics starchy staple and a major source of food support for some of the world's poorest countries 39, 40. MAIZE STARCH: Maize starch is a corn starch that is extracted from the grain (maize). The starch is taken from the endosperm of the kernel. Corn starch is a common food additive that thickens sauces and soups, as well as being used to make corn syrup and other sugars. TACCA STARCH (TACCA LEONTOPETALOIDES): Tacca starch is derived from the rhizomes of the Taccaceae plant Taccaleontopetaloides. In the humid tropics of Asia, Australia, and the Pacific islands, the genus Tacca contains about 30 species of perennial herbs with tuberous or creeping rhizomes. The tubers contain a 22.40 percent dry matter content and a 10.22 percent starch content. Increased use of starch in the production of biodegradable plastic and food items, as well as its additions in bakeries, snacks, drinks, and functional meals, as well as rising demand in various non-food applications, is driving the Industrial Starch Market. In a number of meals, starch and its derivatives are used as thickeners, stabilisers, sizing agents, fat replacers, and binding agents. The global modified starch market is anticipated to be valued USD 13.1 billion in 2020, growing to USD 14.9 billion by 2025, indicating a 2.7 percent compound annual growth rate (CAGR). Because of its expanded use in a wide range of meals, as well as the cost-effectiveness and enhanced functionalities it provides over native starch, it is experiencing significant expansion.
Plant capacity: Industrial Grade Starch 37.5 MT Per Day Pharmaceutical Grade Starch 12.5 MT Per DayPlant & machinery: 257 Lakhs
Working capital: -T.C.I: Cost of Project: 1255 Lakhs
Return: 28.00%Break even: 76.00%
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Non-Woven Geotextile

Geotextiles are permeable geosynthetics manufactured from textile or fabric materials. Geotextiles are made from polypropylene, polyester, polyethylene, polyamide, and other polymers. Geotextiles provide a variety of roles, including separation, drainage, filtration, reinforcing, and protection. Geotextiles are used in a variety of ways in India. Chemically or thermally glueing materials together, needle punching, and other methods are used to create non-woven geotextiles. Non-woven geotextiles are synthetic geotextiles that are often used in filter or separation applications, as well as projects where pooling water is a major issue. Nonwoven geotextiles are employed when both soil isolation and permeability are required. These materials are commonly used to wrap French drains or to work with other sub-surface drainage systems. Non-woven geotextiles are used in a variety of applications, including river erosion control, railways, landfills, canals, and water proofing. Non-woven is also frequently used beneath rock riprap revetment, where drainage and separation are critical. Non-oven geotextiles are the most popular type of geosynthetic in terms of volume. Only a few of the applications include geotechnical engineering, heavy construction, building and pavement construction, hydrogeology, and environmental engineering. According to the "India Geotextiles Market research," the non-oven geotextiles market in India is predicted to grow at a CAGR of nearly 12% between 2017 and 2026. There are three types of geotextiles on the Indian market: woven, non-woven, and knitted. The nonwoven geotextile market in India accounts for the biggest share of these categories. The category is predicted to maintain its dominance over the forecast period. Because they filter well and are heat resistant, nonwoven geotextiles are used to prevent soil erosion, as pound underlayment, and as separating cloths. Few Indian Major Players 1. Maccaferri Environmental Solutions Pvt. Ltd. 2. Parry Enterprises India Ltd. 3. Skaps Industries India Pvt. Ltd. 4. Strata Geosystems (India) Pvt. Ltd. 5. Techfab (India) Inds. Ltd.
Plant capacity: Non-Woven Geotextile 200,000 SQM Per DayPlant & machinery: 4312 Lakhs
Working capital: -T.C.I: Cost of Project: 5419 Lakhs
Return: 27.00%Break even: 37.00%
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Milk Powder (Baby Milk for 0 to 5 year, Milk Powder for Coffee and Tea)

Milk is an essential part of human diet. It's nutrient-dense, delicious, and easy to digest. Proteins, fats, sugars, minerals, and a wide range of vitamins are all abundant. In terms of milk production, India ranks only behind the United States of America and the Soviet Union. However, India's milk output is insufficient to fulfil the needs of the country's massive population, with daily average intake per person falling short of the optimal requirement of around 310 grammes. Milk and milk products come in a variety of forms, including fresh milk products, concentrates, and dried items. Milk powders can be used in place of fresh milk and concentrates. The conversion of liquid dairy streams to powder results in a convenient and consistent supply of milk solids. 1. Milk Powder is eaten as a snack. 2. It's a full-fledged newborn food. 3. Among other things, it's used to manufacture curd, butter, ghee, cream, and ice cream. 4. Milk powder is found in nearly every home. 5. It's utilised in the production of milk meals, as well as tea and coffee, at hotels and restaurants. 6. It's used to make cheese, yoghurt, ice cream, and lassi, among other things. The global milk powder market is estimated to grow at a CAGR of 4.4 percent between 2018 and 2025, from $27,783.3 million in 2017 to $38,086.1 million in 2025. Milk powder is a dehydrated dairy product created by evaporating milk. The purpose of making milk powder is to extend the shelf life of milk without using a refrigerator. There are several types of milk powder available, including whole milk powder, skimmed milk powder, dairy whitener, and various variations of milk powder. Few Indian Major Players 1. D S P I Milk Foods Ltd. 2. Haryana Milk Foods Ltd. 3. Herman Milkfoods Ltd. 4. K K Milk Fresh India Ltd. 5. Kamdhenu Foods Ltd. 6. Markandeshwar Foods & Allied Products Ltd.
Plant capacity: Baby Milk Powder 400 gms Size Pack 62,500Nos Per Day Milk Powder for Tea & Coffee 200 gms Size Pack 25,000 Nos Per Day Milk Powder for Tea & Coffee 500 gms Size Pack 10,000Nos Per DayPlant & machinery: 948 Lakhs
Working capital: -T.C.I: Cost of Project: 2711 Lakhs
Return: 29.00%Break even: 50.00%
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Copper Wire Drawing & Enamelling

Copper is one of the oldest materials known to man, as well as one of the most widely utilised non-ferrous metals today. Copper, like Ag and Au, belongs to the first row of transition elements, which also includes Sc, Ti, V, Cr, Mn, Fe, Co, Ni, Cu, and Zn. It belongs to the periodic table's group 11. The element has an atomic number of 29, a mass of 63, two major oxidation states (+1 and +2), and two naturally occurring isotopes (63Cu and 65Cu) with corresponding abundances of 69.17 percent and 30.83 percent. Copper is easy to stretch, mould, and shape, is corrosion-resistant, and has excellent heat and electrical conductivity. As a result, copper was essential to early humans, and it is still employed in a variety of applications today. The winding of motors and transformers is done with copper wire. Copper wire is available in several gauges (32 gauge to 18 gauge). The winding required for the specific motor or transformer determines the copper wire gauge. Wire having a conductor diameter of 0.500 to 4.000 mm is suitable for submersible motor winding. Copper wire is in high demand among motor and transformer makers, as well as for motor and transformer rewinding. Copper wire is used in a variety of applications such as power generation, transmission, distribution, telecommunications, electronics circuitry, and a variety of electrical equipment. Copper and copper alloys are also used to make electrical connections. Building electrical wire is the most important market for the copper industry. Copper is mostly used in the electrical industry for components such as electrical apparatus, bus bars, and wire. Copper is not very ductile at temperatures between 250 and 600°C, and it cannot be forged or stamped at temperatures above 800°C due to its high brittleness. Pure copper is rarely forged or stamped, and only its alloys bronze and brass are regularly forged or stamped. Cables and wires, which account for approximately 40% of India's electrical industry, are in high demand due to the growing demand for electricity, light, and communication. Wires and cables are widely utilised in a number of industries and serve a critical role in the development of infrastructure. The need for wire and cables is closely tied to the growth of the manufacturing industry and infrastructure in the electrical, telecommunications, residential, and commercial sectors. As a result, the government's initiatives on a variety of fronts, such as power, housing, infrastructure, and digitization, are almost certain to generate a lot of business for the wire and cable industry in the coming years. Few Indian Major Players 1. Bharat Insulation Co. (India) Pvt. Ltd. 2. Chandra Metals Pvt. Ltd. 3. Elite Conductors Ltd. 4. Grid India Power Cables Pvt. Ltd. 5. Khandelwal Cables Ltd. 6. Madhav Copper Ltd.
Plant capacity: Copper Wire (0.914 to 0.376 mm) 350 Kgs per day Enamelled Copper Wire (0.914 to 0.376 mm) 350 Kgs per day Intermediate Copper Wire (2.5 mm) 4,000 Kgs per day Intermediate Copper Wire (1.2 mm) 5,000 Kgs per dayPlant & machinery: 432 Lakhs
Working capital: -T.C.I: Cost of Project: 1233 Lakhs
Return: 28.00%Break even: 46.00%
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Tomato Ketchup & Mayonnaise

Tomatoes are one of the most important food crops in India. It is found in almost every state in the United States. The top producers are Bihar, Karnataka, Uttar Pradesh, Orissa, Andhra Pradesh, Maharashtra, Madhya Pradesh, and West Bengal. Vitamins A and C, as well as potassium, minerals, and fibre, are abundant in tomatoes. Because the raw material can be found all throughout the country. Tomatoes are one of the most important "protective foods" due to their great nutritional value. It's one of the most flexible vegetables, and it's been used in Indian cooking for centuries. Tomatoes are used in soups, salads, pickles, ketchup, purees, sauces, and more. Ketchup, an acidic, seasoned tomato sauce, is one of America's favourite condiments. Although ketchup, sometimes known as catsup, is most commonly associated with hamburgers, hot dogs, and French fries, it can also be found in sauces, meatloaf, beans, and stews. Mayonnaise is one of the most popular sauces in the world. Egg yolks, vinegar, oil, and a few other ingredients are used to make a semi-solid oil-in-water emulsion. Mayonnaise is available in a range of colours, although the most popular are white, cream, or pale yellow. It can range in texture from a light cream to a thick gel. It's served with sausages, burger patties, chips, and salads as a culinary flavouring and hunger stimulant. It can range in texture from a light cream to a thick gel. It's offered with sausages, burger patties, chips, and salads as a culinary flavouring and to whet the appetite for a first meal. Mayonnaise has a high oil content, which contributes to the product's lubricity and creamy texture. Mayonnaise is an emulsion, which is a mixture of two liquids that would not normally mix together. Combining oil with water is a famous example. A tiny number of unorganised and individually owned firms produce mayonnaise. It's a better alternative product, to put it that way. Vegetable oil, vegetable protein, milk protein, egg protein, fat emulsifier salt, and water are the most common basic materials used in product manufacture. All of the basic raw materials are readily available in India. A mixer, a digital balance, an emulsifying machine or a colloid mill, holding tanks, a boiler, and other basic plant and machinery are needed. The machines are all manufactured in the United States. The global tomato ketchup market will be worth US$ 19.70 billion in 2020. The market is estimated to grow at a CAGR of 4.70 percent from 2021 to 2026. Table sauce, often known as tomato ketchup, is a cold condiment produced from soft red tomatoes that mixes well with both hot and cold dishes. It has a sweet and tangy flavour and is usually used to snacks and appetisers to enhance their flavour. In a blender, combine ripe blanched tomatoes, vinegar, sugar, and a selection of seasonings and herbs to make tomato ketchup. In India, the mayonnaise and salad dressing industry is becoming one of the most active and rapidly growing segments of the food service industry. As a result of improving living standards and changing lifestyles, the need for sophisticated taste in meals is becoming a growing trend in the food industry, which is benefiting the mayonnaise and salad dressing sectors. The demand for mustard sauce, caeser salad dressing, creamy cheese salad dressings, liquid salad dressing sauces, Italian and Russian salad dressing, thousand island salad dressing, eggless and garlic mayonnaise, and other mayonnaise and salad dressing products is higher than ever, giving the Indian market a boost. Few Indian Major Players 1. Adinath Agro Processed Foods Pvt. Ltd. 2. Cremica Food Inds. Ltd. 3. Del Monte Foods India Pvt. Ltd. 4. General Mills India Pvt. Ltd.
Plant capacity: Tomato Ketchup (500 gms Size Glass Bottle) 4,000 Nos. per day Mayonnaise (500 gm Size Glass Bottle) 2,000 Nos. per day Mayonnaise (200 gm Size Pouches) 5,000 Nos. per dayPlant & machinery: 67 Lakhs
Working capital: -T.C.I: Cost of Project: 362 Lakhs
Return: 30.00%Break even: 57.00%
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HDPE Pipes

For decades, HDPE pipe has been used in non-potable water applications. Because of its welded joints, HDPE pipes are very popular. While welding necessitates the use of specialised equipment, it eliminates the need for separate fittings, which are a typical source of leaks and contaminant infiltration. HDPE is a very flexible polymer that can endure more abuse on the job site than brittle polymers such as PVC. Because of the flexibility of the piping system, turns can be achieved without the use of additional joints. High density polyethylene (HDPE) is used as a drainage pipe material because it is lightweight, corrosion resistant, easy to install, and has a low maintenance cost. The design of HDPE corrugated drainage pipe is based on the idea that it will deform and so alleviate stress. As a result, ductility is an important quality for allowing for deflection during the pipe's service life. HDPE resins with low ductility may induce unexpected breaking in the pipe due to a phenomenon known as "slow crack advancement." To decrease cracking, the stress crack resistance (SCR) of HDPE resins must be properly assessed. HDPE pipes are corrosion-resistant and simple to work with, making them more practical and long-lasting. HDPE pipes are lightweight and use less energy to manufacture. Other polyethylenes have varied densities, hyper-branched crystallinities, molecular weights, and chain structures. HDPE may be processed at temperatures ranging from 160°C to 250°C, with a shrinkage rate of 1.5 to 3%. Due to its great heat resistance, flexibility, and machinability, HDPE is a prominent polymer in the production of a wide range of plastic goods. The India HDPE Pipes Market was valued $99.9 million in 2018, and is expected to increase at a CAGR of 11.2 percent to $233.5 million by 2026. High density polyethylene (HDPE) pipes are made from raw materials such as PE 63, PE 80, and PE 100. One of the key advantages of HDPE pipes is that they are 6-8 times lighter than cast iron and galvanised iron pipes. HDPE pipes may be easily moulded and welded together due to their high chemical resistance. They are also non-corrosive, making them a great choice for a wide range of applications. Few Indian Major Players 1. Alom Poly Extrusions Ltd. 2. Captain Polyplast Ltd. 3. Dutron Polymers Ltd. 4. Greenfield Irrigation Ltd. 5. JayshreePolytex Ltd. 6. Kunststoffe Industries Ltd. 7. Nimbus Pipes Ltd.
Plant capacity: HDPE Pipes 7,200Kgs per dayPlant & machinery: 82 Lakhs
Working capital: -T.C.I: Cost of Project: 541 Lakhs
Return: 27.00%Break even: 60.00%
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Bamboo Sticks

Bamboo is a tribe of flowering perennial evergreen plants in the grass family Poaceae, subfamily Bambusoideae, tribe Bambuseae; however, in many countries where bamboo is used as a building material, forestry services and departments consider bamboo to be a forestry product, and it is specifically harvested as a tree exclusively for the wood it produces, which is in many ways superior to wood. In fact, it is usually referred to be a tree by cultures that harvest it for wood. Despite the fact that India is the world's second-largest producer of bamboo, 70% of the bamboo used in agarbatti is imported. Imported bamboo sticks are often better in terms of dimension regularity and quality than handmade sticks made in India. When burned, incense sticks are long, cylindrical structures with a bamboo core wrapped in fragrant materials, filling the air with fresh air and perfume. Incense sticks are used for a variety of religious purposes, including cleaning the air, releasing positive energy into the atmosphere, and expelling negative energy from our surroundings. Incense sticks are used in a variety of ceremonies and rites in temples, churches, mosques, and monasteries, among other places, in almost all religions. Currently, the Indian government's ministry of business and trade is in charge of incense stick production (GOI). The main ingredients in incense sticks vary depending on the industry, but they typically include charcoal powder, sticky powders such as Jigat, Sal resin, Guggul, Nargis powder, raw bamboo sticks, water, various oils, aromatic essence, flower essence, sandalwood oil, rose petals, natural and chemical aromatic ingredients, sawdust, and various colour powder. Because incense sticks are in such high demand in India, they are sold through all channels of commerce and distributed to people through retail. The retail mode has a positive impact on sales, and the CAGR is predicted to be around 6% in the next years. India's incense sticks and Dhoop (a sort of incense product) industry is a highly export-oriented industry that brings in significant money for the country. Year after year, India's exports of incense sticks and Dhoop grow, helping to close the country's trade deficit. In terms of both consumption and production, India is the world's largest incense stick market. The market has derived from the highest presence of agarbatti goods, which has grown at a CAGR of over 7% in the last several years. However, because to the items' wide range of smells and long-lasting qualities, consumer acceptance of dhoop goods has increased in recent years. In the coming years, the market for dhoop items is expected to grow at a CAGR of more than 9%, driving up demand for bamboo even more.
Plant capacity: Bamboo Sticks 4 MT Per DayPlant & machinery: 443 Lakhs
Working capital: -T.C.I: Cost of Project: 791 Lakhs
Return: 26.00%Break even: 45.00%
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Chlorinated Paraffin Wax (CPW)

The chlorinated paraffins (CP) business consumes a significant amount of chlorine, accounting for around 12% of all chlorine produced in the country. Chlorinated paraffins have a straight chain length [CnH (2n +2)] with carbon atoms ranging from C10 to C20. Chlorination of n-paraffin or paraffin wax creates chlorinated paraffins, which is commonly done in a batch method. As a result of the exothermic process, hydrochloric acid is produced as a byproduct. Final batches are made by removing any leftover acid residues and adding a stabiliser. Chlorinated paraffin wax is made up of straight-chain hydrocarbons that have been chlorinated. Wax is classified by carbon-chain length and chlorination percentage, with carbon-chain lengths ranging from C10 to C30 and chlorination percentages ranging from roughly 35% to over 70% by weight. Chlorinated paraffin wax is made by chlorinating paraffin wax fractions produced from petroleum distillation. The three most commonly used commercial feedstocks are short-chain (C10-13), intermediate-chain (C14-17), and long-chain (C18-20) paraffins (C18-30). As a secondary plasticizer, paraffin wax is often used in flexible PVC compositions. The delivered paraffin wax is processed in compliance with industry quality requirements utilising sophisticated technology. Chlorinated paraffins are used as extreme pressure lubricant additives in the metalworking industry. It's employed in polymers to manufacture, among other things, fire-retardant and water-repellent coated textile. Rubber chalk and sealants also include them. It's used as a supplemental plasticizer in the vinyl industry. Chlorinated paraffins are used as a general purpose plasticizer in a variety of applications due to their superior performance (low volatility), nondrying and nonpolymerizing characteristics, chemical resistance, and moisture resistance. In 2016, the market for chlorinated paraffin was worth more than USD 1.6 billion, and the industry is predicted to grow at a CAGR of more than 3% through 2024. Chlorinated paraffin wax is a type of synthetic organic chemical product composed of n-alkanes with chlorine concentrations ranging from 30% to 70% by weight. It is made by chlorinating natural alkanes. According to worldwide market expansion in the plastic and manufacturing industries, as well as the aerospace and automotive sectors, the global market for chlorinated paraffin will approach USD 2 billion by 2024; this is a significant aspect fueling product demand throughout developing areas. Few Indian Major Players 1. Aditya Birla Chemicals (India) Ltd. 2. Faith Industries Ltd. 3. Gujarat Alkalies & Chemicals Ltd. 4. Ideal Chemicals (India) Pvt. Ltd.
Plant capacity: Chlorinated Paraffin Wax (CPW) 40 MT per day Hydrochloric Acid (by product) 50 MT per dayPlant & machinery: 641 Lakhs
Working capital: -T.C.I: Cost of Project: 1086 Lakhs
Return: 28.00%Break even: 49.00%
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Menthol Crystal from Mentha Oil

Menthol is a clear, crystalline material. It can be made from natural or synthetic sources. Natural or synthetic laevo menthol has a melting point of 41 to 44°C, making it the only therapeutically active form. Some producers classify crystals according to their shape and size, using terms like "bold crystals," "medium crystals," "medium extra crystals," and "medium extra-large crystals." Extracting mint essential oil (menthe arvensis), freezing the oil, and then crystallising the menthol is how menthol crystals are created. Like rock crystals, the crystals are crystalline and oblong in shape. They have a pleasant minty fresh odour and are transparent to the naked eye. It is soluble in alcohol and oils. Menthol crystals are great inhalants on their own, and they're easy to incorporate into recipes. Add a few drops to a bowl of hot, steaming water for stuffiness and bronchitis, and cautiously inhale the relaxing vapours through the mouth and nose. Menta Oil, often known as Menthol Liquid, is a product of the United States of America with the scientific name Menthapiperita. Steam distillation is used to extract the oil, which has a minty, spicy scent. Because of its exhilarating, stimulating, and uplifting aroma, the oil improves digestion and has a soothing effect on muscle spasms, pains, and aches. It can also be used to reduce nasal pain and pressure, as well as in muscle rub ointments, skin care products, and regulating the oil level of the skin and hair. The Benefits of Menthol Crystals 1. It acts as a natural pesticide, therefore you can use pure Menthol to keep moths out of your garden or honey bee hives. 2. Menthol is a hair growth stimulant that may be added to your hair oil by mixing menthol crystals with it. 3. Menthol crystal can also be used to treat sunburns when coupled with aloe Vera gel. 4. It gets rid of dark spots and reduces black and white heads. 5. Menthol stops plague from spreading and kills germs that cause gingivitis. Menthol crystals are generally obtained from natural sources, and as a result, their popularity is growing in both developed and developing countries. Manufacturers' increased focus on natural and sustainable products is driving the rise of natural-based products across numerous industries. Because the cosmetics industry is so tightly controlled, natural-based raw materials are in high demand. This is expected to drive the menthol crystals market in the coming years. 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. RupangiImpex Ltd.
Plant capacity: Menthol Crystal 1,000 Kgs per day Mentha Oil 333.3 Kgs per dayPlant & machinery: 145 Lakhs
Working capital: -T.C.I: Cost of Project: 592 Lakhs
Return: 27.00%Break even: 54.00%
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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