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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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Opportunities in Waste Lubricating Oil Recycling Plant

Waste oil is mostly made up of hydrocarbons and can be found in both industrial and non-industrial settings. It may contain additives and impurities as a result of physical contamination and chemical reactions that occur during use. Because used oil has been used previously, it has become contaminated with chemical and physical pollutants. Used oil includes transmission oil, motor oil, brake fluid, hydraulic oil, and gearbox oil. Oil that has been used is a recyclable material that can be recycled, reused, or disposed of. Oil is not considered a waste product once it has been used. Lubricating lubricants are commonly used in industries to reduce friction and wear by interposing a thin film of oil between metallic surfaces. Water, salt, dirt, metal scrapings, broken down additive components, varnish, and other impurities may mix with the oil or be generated in it during normal use as a result of thermal breakdown or oxidation. Recycling and reusing wasted oil is preferable to disposing of it, and it can have considerable environmental benefits. Recycled used oil can be refined into new oil, converted into fuel oils, and utilised as a raw material in the petroleum industry. The term "waste oil" describes refined oil that has been delivered for a variety of purposes. Impurities, dirt, and toxins are all present in waste oil. Waste oil is any synthetic or petroleum-based oil that has become contaminated and unfit for its intended function. The main sources of this material are crankcase and lubrication wastes. The method of refining waste oil to generate fuel or lubricating oil is currently employed in various places. Waste oil appears to be harmful to the environment because it is burned or haphazardly dumped into the ground. Government agencies must create efficient recycling and disposal plans in order to refine waste oil. This contributes to environmental protection by reducing illegal waste oil dumping. New waste oil treatment and disposal technologies enable more efficient service while also lowering environmental risk. Few Indian Major Players 1. Asia Refinery Ltd. 2. Bharat Shell Ltd. 3. Castrol India Ltd. 4. Enpro Industries Pvt. Ltd. 5. Fuchs Lubricants India Pvt. Ltd. 6. G P Petroleums Ltd. 7. G S Caltex India Pvt. Ltd. 8. Indian Oil Blending Ltd.
Plant capacity: Used Lubricating Oil 20,000 Ltrs per day Spent Clay as by product 2,105 Ltrs per dayPlant & machinery: Rs. 127 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 753 Lakhs
Return: 27.00%Break even: 50.00%
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Profitable Growing Industry of Medical Disposables (Gowns/Drapes)

Doctors and nurses in the operating room use surgical gowns to prevent the transmission of germs and body fluids from the operating staff to the patient, as well as from the patient to the operating staff. Surgical gowns must meet a variety of well-documented performance requirements. Surgical gowns must be disease and infection resistant while also allowing for sufficient mobility. They must allow for adequate mobility while also preventing rubbing, chafing, ripping, and linting. They should fit snugly but not tightly. Because there is generally excess fabric, the gowns must withstand constant pulls on the fabric during normal motions. A surgical drape is a disposable, non-woven covering that is used to cover a patient's region. The surgeon can perform the surgery through a fenestration (an opening) in the drape. Depending on the type of operation, it comes in a variety of sizes. The drapes in each hospital are different. A 15-square-inch drape with a 3-square-inch fenestration could sufficient for an eye operation, but open heart surgery necessitates the largest drape possible, a laparotomy drape that covers the entire body. Surgical drapes keep the operating area clean and free of bacteria. The adhesive tape must attach securely to both the drape material and the patient's skin in order to accomplish this; its performance cannot be affected by the sterilisation procedure or compromised by pre-operative cleaning chemicals. For Surgical Procedures, Gowns and Drapes The market is predicted to grow at a CAGR of 4.42 percent from 2021 to 2028, from USD 2.28 billion in 2020 to USD 3.23 billion in 2028. The Surgical Drapes and Gowns market is being driven by an increase in surgical operations due to sports injuries, accidents, and heart surgeries due to a greater frequency of cardiovascular disorders and other chronic ailments where surgery is indicated as needed. Surgical gowns and drapes are also in high demand due to increased demand for patient and healthcare worker protection, as well as an increase in the prevalence of surgical site infections. Few Indian Major Players 1. PrimewearHygine (India) Product Ltd. 2. RaajMedisafe India Ltd. 3. Surgeine Healthcare (India) Pvt. Ltd. 4. VikramNuvotech India Pvt. Ltd.
Plant capacity: Medical Gowns 1,250 Pcs Per Day Medical Drapes 1,250 Pcs Per DayPlant & machinery: Rs. 286 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 611 Lakhs
Return: 26.00%Break even: 53.00%
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Manufacturing Industry of Calcium Carbide(CaC2)

The chemical substance calcium carbide, sometimes known as CaC2, has the formula CaC2. There appear to be greyish whitish masses present. Carbide Candles, which are small carbide lamps used to blacken rifle sights and reduce glare, also include calcium carbide. These "candles" are utilised because acetylene produces a sooty flame. Other names for it include calcium acetylide, phenyl glyceryl ether diacetate, and glycerol phenyl ether diacetate. Calcium carbide is an important raw material in the organic synthesis industry. Acetylene, chloroprene rubber, calcium cyanamide, acetate acid, trichloroethylene, and acetaldehyde can be made by mixing acetylene, chloroprene rubber, calcium cyanamide, acetate acid, trichloroethylene, and acetaldehyde with other materials. It can also be used in steel manufacturing as a desulfurizing agent, as well as for metal cutting and welding. Along with calcium phosphide, calcium carbide is used in floating, self-igniting naval signal flares. Calcium carbide has been declared a flammable substance under the Inflammable Substances Act, and the Petroleum Act has been applied to it. When moisture comes into contact with calcium carbide, acetylene gas is produced, which has a wider explosive range. Calcium carbide is used in the following industries: • It's utilised in the production of calcium hydroxide and acetylene. • Because acetylene, a calcium carbide derivative, may be used as a raw material, it is used in the production of polyvinyl chloride (PVC). • It's used to make calcium cyanamide. • It's used to remove sulphur from iron. The process of eliminating sulphur from any material is known as desulphurization. • Similar to ethylene, it is used as a ripening agent. • Both bamboo and big-bang cannons contain it. • It's used as a deoxidizer, which means it helps remove oxygen during the steel-making process. Calcium carbide is a calcium-containing mineral. The market is predicted to grow significantly from 2019 to 2025 due to its metallurgical and chemical uses in sectors such as steel manufacturing, fertiliser, and metal fabrication. Product derivatives are utilised downstream in the automotive, pharmaceutical, and plastics industries, which could help the industry grow. In an electric arc furnace, lime and coke are heated to produce a translucent, colourless inorganic material. The technical grade substance creates an unpleasant garlic-like odour when exposed to trace moisture. Desulfurization and the elimination of unwanted iron oxide are two metallurgical processes that use it. The calcium carbide market is likely to grow further due to its use in integrated steel mill desulfurization. The calcium carbide market is predicted to grow due to its use with calcium phosphide, which is used in floating and self-igniting naval flares for defensive countermeasures, illumination, and signalling. Because calcium flares may be released underwater and illuminate submerged objects, they are commonly employed in maritime applications. The global market for marine safety is estimated to hit USD 35 billion by 2026, favouring market size. Few Indian Major Players 1. D C M Shriram Ltd. 2. K P L International Ltd.
Plant capacity: Calcium Carbide 60 MT Per DayPlant & machinery: Rs. 2127 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 3810 Lakhs
Return: 28.00%Break even: 68.00%
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Automated Vehicle Scrapping and Recycling Unit

Vehicle recycling is the deconstruction of cars for spare parts. When vehicles reach the end of their useful lives, they have value as a source of replacement components, which has given rise to the car dismantling industry. Wrecking yards, auto dismantling yards, automotive spare parts suppliers, and, more recently, auto or vehicle recycling are all phrases that have been used to characterise the industry's business outlets. Vehicle recycling has long been a component of the process, but manufacturers have become increasingly active in recent years. A car crusher is commonly used to reduce the size of a junk car so that it can be transferred to a steel mill. The "Voluntary Car-Fleet Modernization Program," also known as India's vehicle scrapping programme, intends to usher in a new era of what it means to own and use a car in India. Nitin Gadkari, the Minister of Road Transport and Highways, introduced it in Parliament in March. The programme demands that all automobiles above a certain age be taken off the road in order to achieve higher pollution control and safety, which new vehicles provide. A commercial vehicle over 15 years old or a personal vehicle over 20 years old that fails an automatic fitness test, regardless of whether it runs on diesel or gasoline, is earmarked for scrapping. As a result, automobile recycling is essential. It's also crucial to handle them properly to avoid hazardous waste from being released into the environment. Such vehicles must be disposed of by professionals who are familiar with hazardous chemicals such as fuel, coolants, and brake fluids. Environmental Benefits: Steel is one of the most significant materials in the automobile's construction; it's utilised to make the bulk of the components, including the framework. Because iron ores are required for the production of steel, recycling automobiles contributes to the preservation of iron ores. All waste generated as a by-product of steel processing is avoided as well, guaranteeing that air pollution is not increased. Wildlife Preservation: It's also worth mentioning that proper car recycling can help preserve local flora and fauna. Steel mining is bad for the environment because it produces soil erosion and degradation, which means animals can't keep up with their normal habits and may become unwell as a result. Land erosion causes sediment flow into bodies of water, which has an impact on water quality and wildlife proliferation.
Plant capacity: 1000 Vehicles per MonthPlant & machinery: Rs. 497 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 2090 Lakhs
Return: 29.00%Break even: 40.00%
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Growing Demand of Animal Feed (Cattle, Poultry Broiler, Pig & Fish Feed)

Animal feed is the food that is supplied to domestic animals, especially livestock, while they are being cared for. The two most prevalent categories are fodder and forage. Feed is commonly referred to as fodder when the word feed is used alone. Animal feed is an important aspect of the animal agricultural process, and it is usually the most expensive part. Farms typically try to save money by growing their own food, grazing their animals, or supplementing expensive feeds with less expensive alternatives, such as food waste from beer production. Feed that delivers a well-balanced diet is critical to animal health. Some modern agricultural practises, such as grain-feeding cows or keeping them in feedlots, are harmful to both the environment and the animals. Increased maize or other grain in cow diets, for example, leads their microbiomes to become more acidic, impairing their immune systems and making cows more likely E.coli vectors. Other feeding practises, on the other hand, may be beneficial to animals. For example, feeding cows particular types of seaweed reduces methane generation, cutting greenhouse gas emissions from the meat industry. The animal feed business is predicted to grow at a CAGR of 4.90 percent from US$345.434 billion in 2020 to US$460.322 billion in 2026. Animal feeds are products that are used to improve the health of animals. Different doses of feed are given depending on the animal. Rapid urbanisation and increased meat and other end-product consumption, such as milk and eggs, in various places will fuel the animal feed market development potential over the forecast period. The feed aids in the expansion of the animal's capacities, accelerating growth and weight gain, and enhancing immunity by giving enriched nutrients with the feedstuff. Few Indian Major Players 1. Annam Feeds Pvt. Ltd. 2. Baramati Agro Ltd. 3. C P Aquaculture (India) Pvt. Ltd. 4. Ekta Agro Inds. Ltd. 5. Grobest Feeds Corpn. (India) Pvt. Ltd. 6. Heritage Nutrivet Ltd. 7. Intercorp Biotech Ltd.
Plant capacity: Cattle Feed 33.6 MT per day Poultry Broiler Feed 16.8 MT per day Fish Feed 2.8 MT per day Pig Feed 2.8 MT per dayPlant & machinery: Rs. 160 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1488 Lakhs
Return: 24.00%Break even: 48.00%
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Opportunities in Production of Solar Inverter (100 KVA – 1000 KVA)

The variable direct current (DC) output of a photovoltaic (PV) solar panel is converted into a utility frequency alternating current (AC) that can be supplied into a commercial electrical grid or used by a local, off-grid electrical network by a solar inverter, also known as a PV inverter. It is a critical balance of system (BOS) component in a photovoltaic system that facilitates the use of normal AC-powered equipment. Solar power converters have developed features such as maximum power point tracking and anti-islanding prevention for usage with photovoltaic arrays. Advanced solar pumping inverters convert DC voltage from solar panels to AC voltage, allowing submersible pumps to run without the usage of batteries or other energy storage devices. MPPT (maximum power point tracking) is used by solar pumping inverters to monitor output frequency and control the speed of the pumps, preventing damage to the pump motor. Many ports for DC current supplied by PV arrays, one port for AC voltage output, and a third port for input from a water-level sensor are common on solar pumping inverters. The market for solar PV inverters is expected to develop at an annual pace of more than 8%. Reduced electricity consumption and declining economic growth have also had a negative impact on the industry. When global market activity resumes, however, demand for the industry grows at a faster rate. Factors such as decreasing inverter prices and an increase in solar PV installations are projected to boost market growth. The growth of the solar PV inverters market has been aided by technological advancements that have led in cheaper costs and improved efficiency in solar panel manufacturing. However, a lack of general understanding, infrastructure construction costs, and recent subsidy reductions on solar panels by governments in the Asia-Pacific region have all stifled market expansion. Few Indian Major Players 1. Alectrona Energy Pvt. Ltd. 2. Eaton Power Quality Pvt. Ltd. 3. Fuji Electric Consul Neowatt Pvt. Ltd. 4. Microtek International Pvt. Ltd. 5. Redington (India) Ltd. 6. S B J Exports & Mfg. Pvt. Ltd.
Plant capacity: Solar Inverter 50 Hz 100 to 1000 KVA 15 NosPer DayPlant & machinery: Rs. 373 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1288 Lakhs
Return: 26.00%Break even: 47.00%
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Azodicarbonamide Using Urea & Hydrazine Hydrate

Azolodicarbonamide, commonly known as ADCA, ADA, or azo(bis)formamide, is a chemical compound with the molecular formula C2H4O2N4. It's a crystalline powder that ranges in colour from yellow to orange-red and has no odour. It's also referred to as a "yoga mat" chemical because of its widespread use in foamed polymers. Biurea is produced in two stages by treating urea with hydrazine. Azoldicarbonamide is most typically employed as a blowing agent in the production of foamed polymers. During the thermal breakdown of azodicarbonamide, nitrogen, carbon monoxide, carbon dioxide, and ammonia gases are formed, and they are trapped in the polymer as bubbles to form a foamed product. Doughs created with ADA-treated flours are more cohesive and dryer than doughs made with chlorine dioxide. These dried doughs are more resistant to absorption, retain more gas, and have better machining properties. Bread baked with ADA-treated flour has a higher loaf volume, a better grain texture, and a better exterior look. Azolodicarbonamide had no influence on the onset of rancidity in flour. Natural or supplemented vitamins are unaffected by Azoldicarbonamide. The global azodicarbonamide market is expected to grow over the forecast period due to rising demand for high-quality plastic and rubber parts for everyday use. It is used in the chemical industry for a variety of purposes, including strengthening, softening, and imparting flexibility to the substance with which it is mixed. It's commonly utilised in the production of foam-based plastics including toys, sports shoes, shoe soles, and floor mats. Azodicarbonamide is a crystalline powder that has a yellow to orange red colour, is odourless, and has a yellow to orange red colour. It's used as a foaming agent, a blowing agent, and a food additive, among other things. Yoga mats, for example, are generally made of rubber and plastic. Bakers utilise it as a commercial whitening conditioner for bread dough as a result. It's used as a blowing agent in plastics, synthetic leather, and other industries. The reaction temperature of pure azodicarbonamide is usually around 200 °C. When used for plastics, leather, and other applications, it has additives that intensify the reaction or allow it to react at lower temperatures. As a food ingredient, it's utilised as a flour bleaching agent and a dough conditioner. As an oxidising agent, it reacts with damp flour. Two further reaction products are semicarbazide and ethyl carbamate. Few Indian Major Players 1. Demaco Polymers Ltd. 2. H P L Additives Ltd. 3. Haryana Polymers Ltd.
Plant capacity: Azodicarbonamide Powder 40 MT Per Day Ammonia 10.6 MT Per Day Hydrochloric Acid (38% Conc.) 20.1 MT Per DayPlant & machinery: Rs. 1951 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 3109 Lakhs
Return: 25.00%Break even: 50.00%
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Production of Printed Circuit Board (PCB) Multilayer

Nearly a century ago, the PCB, or Printed Circuit Board, was conceived as a method to avoid these intricate wirings. Electric components on the PCB are connected via copper rails constructed by hand or designed in the computer using various methods. It also provides mechanical support and layer isolation for the components. Between two or more etched and laminated copper sheets on the PCB, a non-conductive substrate serves as an isolation layer. The most popular types of PCBs are single-layer, double-layer, and multi-layer. Any electronic or electrical device's foundation is the printed circuit board (PCB). A PCB connects electronic components such as resistors, capacitors, coils, pots, diodes, FETs, transistors, ICs, and transformers to make a complete electronic circuit. Electrical equipment in today's world would be impossible to imagine without a PCB. PCBs help to reduce the size and efficiency of electronic equipment by providing connectivity between electronic components. Printed circuit boards are divided into two categories: single layer PCBs and multi-layer PCBs. To mechanically support and electrically link electrical or electronic components, a printed circuit board (PCB) uses conductive rails, pads, and other features etched from one or more sheet layers of copper bonded onto and/or between sheet layers of a non-conductive substrate. To link components electrically and mechanically, they are frequently soldered to the PCB. The Printed Circuit Board market is estimated to grow at a CAGR of 5.3 percent from 2021 to 2026, reaching $72.3 billion. Printed circuit boards (PCBs) are the foundation of almost all modern electronic devices. Transistors, resistors, PLCs, electrolytic capacitors, and integrated circuits are all connected by printed paths on PCBs. The PCB is used in automotive applications such as power relays, antilock brake systems, digital displays, audio systems, engine timing systems, battery control systems, and more. Printed circuit boards are used in a variety of ways in the automotive industry, and they have changed the way people drive. The need for PCBs is increasing as more vehicle owners and drivers seek extra accessories. A automobile or truck's printed circuit board must be highly sturdy and reliable. Few Indian Major Players 1. Anand Electronics &Inds. Pvt. Ltd. 2. B L G Electronics Ltd. 3. Centum Electronics Ltd. 4. Epitome Components Pvt. Ltd. 5. Frontline Electronics Ltd. 6. Hi-Rel Components (India) Ltd. 7. Infopower Technologies Pvt. Ltd.
Plant capacity: Standard Printed Circuit Board (FR4, HDI, High-TG, Thick Copper and Halogen-free) 60Sq.Mt. Per DayPlant & machinery: Rs. 1258 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1894 Lakhs
Return: 26.00%Break even: 50.00%
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Drinking Water with Packaging in Aluminium Beverage Cans (Mineral, Carbonated, Alkaline)

Water, which is a mixture of hydrogen and oxygen, is a priceless natural gift that is essential for the survival of both humans and animals. Contaminants should not be present in water that is used for drinking. Untreated water from wells, boreholes, and springs is frequently filthy and dangerous to drink. Purifying water and making it available in sanitary conditions for human use is thus both desirable and necessary. Drinking water is defined as water that is safe to drink or use for food preparation. Depending on physical activity, age, health-related illnesses, and environmental factors, the amount of drinking water required to keep healthy varies. In affluent countries, even though only a small portion of tap water is consumed or used in food preparation, it usually fulfils drinking water quality criteria. Laundry, toilets, and irrigation are other typical uses. The World Health Organization considers safe drinking water to be a basic human right. Mineral water is water that contains salts and sulphur compounds, among other minerals, and comes from a mineral spring. Depending on whether or not extra gases are present, mineral water is usually either still or sparkling (carbonated/effervescent). Mineral waters were traditionally utilised or sipped at spas, baths, or wells near their spring sources, a practise known as "taking the waters" or "taking the remedies." Carbonated water (also known as sparkling water, fizzy water, club soda, and water with gas) is water that contains dissolved carbon dioxide gas, either naturally or artificially pumped under pressure. Carbonation causes little bubbles to form, giving the water an effervescent appearance. Natural mineral water, club soda, and sparkling water from a bottle are all popular choices. Minerals like potassium bicarbonate, sodium bicarbonate, sodium citrate, and potassium sulphate are added to club soda and sparkling mineral water, as well as a variety of other sparkling beverages. From 2021 to 2028, the global bottled water market is expected to increase at a compound annual growth rate (CAGR) of 11.1 percent. Portability, ease of use and installation, and minimal maintenance costs will be key factors propelling the market in the coming years. Furthermore, rising consumer awareness of the health benefits of consuming bottled water is likely to drive market growth throughout the forecast period. Still and sparkling water, both plain and flavoured, have become extremely popular beverages on a global scale in recent years. This is a new megatrend that will likely gain traction in the next years. As people become more cognizant of their health, they are opting for packaged water and minimising their intake of sugary drinks. Still, bottled water usage has risen in food establishments and restaurants, fueling industry growth. Few Indian Major Players 1. Aradhana Snack Foods Co. Pvt. Ltd. 2. Bhagyalaxmi Mineral Water Pvt. Ltd. 3. Chouksey Agro Pvt. Ltd. 4. Geo Aquatech Ltd. 5. Himalayan Oasis & Beverages Pvt. Ltd. 6. Ice Berg Foods Ltd.
Plant capacity: Mineral Water 2,000 Cans Per Day Carbonated Water 2,000 Cans Per Day Alkaline Water 2,000 Cans Per DayPlant & machinery: Rs. 186 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 417 Lakhs
Return: 22.00%Break even: 61.00%
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Growing Demand of Rice Husk based Biodegradable Cutlery

People around the world have been early adopters of biodegradable cutlery, which has emerged as a preferable alternative to plastics. Plant biomass resources such as bagasse, rice husk, coconut coir, and others are being used to create environmentally friendly cutlery, tableware, and packaging products that are predicted to gain popularity in the coming decade. Rice husk is a surprising robust substance that can withstand a lot of wear and is long-lasting. Rice husk cutlery is one of the most durable biodegradable silverware options, withstanding temperatures of over 100 degrees Celsius without injury. The finish on this reusable tableware is smooth and shiny, and it's made entirely of natural wax. Knives, forks, chip forks, coffee stirrers, spoons, and teaspoons are all part of the Biodegradable Silverware collection of biodegradable silverware. The items, which come from well-known brands like Plastico and Vegware, are all food-grade and constructed of renewable resources. Biodegradable cutlery is made from a range of natural materials that are completely compostable and biodegradable, such as sugarcane bagasse, bamboo, paper pulp, palm leaves, agricultural waste, and other disposable materials (cornstarch-based PLA plastic is also a sustainable alternative but is not capable of breaking down on its own in normal conditions). • 100 percent environmentally friendly: Rice husk is a green and healthy alternative to disposable plastic cutlery because it is made from industrial waste and is biodegradable. • Fairly Durable and Reusable: Depending on temperature and upkeep, rice husk cutlery can last up to three years. As a result, these flatware pieces are ideal for parties, quick-service restaurants, and restaurants. • Heat and Cold Resistant: Rice husk cutlery does not melt when exposed to intense heat, unlike plastic silverware. This means they'll last longer than the disposable plastic ones. You can even warm them up in the microwave! • Perfect for Picnics, Travel, and Work: People can now enjoy their food without feeling guilty about using disposable flatware, which is perfect for picnics, travel, and work. Biodegradable cutlery has inspired a groundswell of interest among people all over the world due to compelling environmental concerns. To that end, biodegradable utensils are gaining popularity due to their increased durability over plastic cutlery, as well as the enormous environmental friendliness of biodegradable materials. Biodegradable cutlery constructed of plant-based materials, as well as biodegradable bio-plastics, have sparked widespread interest. Several countries have made concerted attempts over the years to promote awareness about the disposability of a variety of biodegradable cutlery items. In addition, the biodegradable cutlery industry has improved in terms of teaching end users on suitable processes and limits. The most popular materials used in eco-friendly cutlery are corn, areca leaves, bagasse, and rice husk. Over time, the remains of fast-growing trees have been employed. The global biodegradable cutlery market was worth USD 33.9 million in 2018, and it is predicted to grow at a 5.9% CAGR between 2019 and 2025. Market growth is expected to be boosted by rising public awareness of the detrimental impacts of non-biodegradable garbage. Non-biodegradable plastic has been outlawed by the government, with strict controls in place. Growth is likely to be fueled by government efforts that promote the business, as well as growing consumer awareness of the harmful implications of non-biodegradables.
Plant capacity: Biodegradable Cutlery (Per Set 6 Pcs. Flatware) 1,852 Sets per dayPlant & machinery: Rs. 29 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 135 Lakhs
Return: 26.00%Break even: 67.00%
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Information
  • 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
  • We can modify the project capacity and project cost as per your requirement.
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  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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