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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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Business Plan for Manufacturing Prestressed Concrete Sleepers

One of the most essential applications of a railway track system is concrete sleepers. Prestressed concrete sleepers have good impact load characteristics and ultimate load carrying capability, but their fatigue life is short. The railway sleeper, which is located between the rail and the ballast, is an important railway component. Timber, concrete, steel, or other engineering materials can be used to make the sleepers, and concrete is widely utilised around the world. Prestressing is the act of applying a load to a deforming structure in order to make it better capable of withstanding a work load or deflecting less. Concrete sleepers have several disadvantages in addition to their benefits, such as longer life and strength. Their great weight necessitated specialist tools for laying and installation, as well as their manufacture casts, and their initial cost is nearly double that of hardwood timber sleepers. The places where cracking typically develops owing to tensile stresses are placed under compressive strain to largely offset this propensity, resulting in a significant reduction in cracking. Properly prestressed constructed sleepers can also greatly reduce cracking due to drying shrinkage. It is then employed in places where its freezing thawing endurance, which is slightly higher than that of comparable non-stressed sleepers, is required. Functions of Sleepers Sleepers serve the following purposes on a railway track: Maintain appropriate gauge on the rails at all times. In other words, precise gauge on straights and flat curves, slightly loose on sharp curves, and slightly tight in diamond crossings. Ensure that the rails are supported equally and firmly throughout. Distribute the load transmitted through rails over a vast area of ballast beneath the bridge or to the bridge girders, as needed. Maintain adequate rail level in turnouts and crossovers, as well as in the ward slope along straight tracks. The market is expected to increase at a CAGR of 5.96 percent from USD 104.03 billion in 2017 to USD 138.96 billion in 2022. Civil Engineering infrastructure, which includes track, bridges, and land, is the greatest static infrastructure of Indian Railways. The organization's vision must be followed when managing this massive infrastructure. All of these infrastructures are managed and maintained by Indian Railways' civil engineering department. It also plays a major role in the development of infrastructure, technical leaps in numerous industries, high-speed transit, and the creation of world-class stations. Trains are an essential part of our daily lives. Thousands of people go from one location to another, and thousands of tonnes of products are moved. Trains operate 24 hours a day, making them particularly useful for long journeys. While wealthy people can travel great distances by air, the middle and lower classes, who cannot afford the expensive air tickets, are completely reliant on trains for long excursions. Moreover, there are thousands of daily travellers that travel to other locations for business or services. To fulfil the rigorous criteria, automation in the sleeper sector strives to improve efficiency, achieve zero defects, and meet just-in-time supply requirements of not only Indian Railways, but also Metro Rail systems and Private Railway siding markets. Key Players • Alpine Housing Devp. Corpn. Ltd. • Bemco Sleepers Ltd. • Calcutta Springs Ltd. • Concrete Techno Project Ltd. • Concrete Udyog Ltd. • Daya Concretes Pvt. Ltd.
Plant capacity: 1,000 Pcs per DayPlant & machinery: 26.59 Cr
Working capital: -T.C.I: Cost of Project: 38.12 Cr
Return: 27.00%Break even: 40.00%
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Manufacturing Plant of Steel Shipping Container (Cargo Container)

Containerized shipping has revolutionised the way goods and materials are carried, but it can take some time to figure out how everything works. When it comes to transporting large cargoes across long distances, cargo containers are the most efficient mode of transport. These solid metal boxes may resemble something out of Star Wars, but they're actually a cost-effective and environmentally responsible way to move goods around the world, especially when compared to road or air freight. In the maritime trade, the containerization system of transportation consists primarily of specialised container vessels and containers for carrying products. The shipping lines furnish the containers to the shippers, either directly or through leasing agreements. Every year, the freight container sector produces a large number of intermodal containers. They're utilised all around the world to convey things. Each year, roughly 180 million container cargoes are transported across the oceans by about 5000 container ships. For global trade enterprises to thrive in today's increasingly competitive economic environment, international transportation of containerized commodities is essential. Containers are typically built of steel (for marine containers) or aluminium (for domestic containers), and their structure provides flexibility and hardiness. Intermodal and containerization development are mutually inclusive, self-strengthening, and rely on a set of driving forces linked to technology, infrastructure, and management. Containers are being used by some companies to transfer legacy applications to more modern settings. While this method provides some of the basic advantages of operating system virtualization, it does not provide all of the advantages of a modular, container-based application architecture. Refactoring is far more time-consuming than lift-and-shift migration, but it allows you to reap the full benefits of a container environment. Individual container building parts make it easier to isolate, deploy, and scale distributed systems and microservices. Using container technology, you can quickly build, test, and deploy your applications using the same container images. In 2019, the global Shipping Containers Market was valued at US$ 10,350.1 million and 306,324 thousand units, and it is predicted to grow at a CAGR of 5.9% from 2020 to 2027. Containerization's increasing speed, reliability, and safety have driven enterprises to use containers to ship their goods. Containerization is boosted even further by lower long-distance containerized transportation costs paired with trade globalisation. Container transport is expected to develop significantly by the end of 2015, according to Coherent Market Insights' analysis. As a result, these factors are projected to drive the worldwide shipping container market forward in the coming years. Key Players • D C M Hyundai Ltd. • J K Technosoft Ltd. • Techno-Cap Equipments India Pvt. Ltd.
Plant capacity: Cargo Containers (Size 20 Feet): 34 Nos per DayPlant & machinery: 3.21 Cr
Working capital: -T.C.I: Cost of Project: 18.13 Cr
Return: 28.00%Break even: 52.00%
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Business Plan for Micronutrient Fortified Energy Dense Food Manufacturing

Although most people think of protein as the nutrient that makes us feel full and gives us energy, micronutrients can also help us feel full and give us the energy we need to go through the day. Foods that have had their nutritional profile upgraded to add vitamins, minerals, or other nutrients that are helpful to our health but are deficient in the ordinary diet are known as micronutrient-fortified foods. Micronutrient-fortified food aids in the prevention of chronic diseases such as obesity, diabetes, and heart disease by boosting the consumption of micronutrients (vitamins and minerals) that could otherwise be insufficient in the diet. Many micronutrients, such as vitamins C and B6, folic acid, zinc, and magnesium, play a role in maintaining a healthy body weight and blood sugar levels. We need to consume certain critical vitamins and minerals every day for health reasons, and failing to do so can lead to a variety of health problems in the future. Deficiencies in one or more micronutrients, such as iron, zinc, and vitamin A, are common in low- and middle-income nations, limiting millions of people's physical and cognitive abilities. Food fortification is a low-cost method that has been shown to provide health, economic, and social benefits. Despite ongoing debates about the effectiveness and safety of food fortification in some countries and around the world, the practise has significant benefits across all of the main vehicles for food fortification (large-scale food fortification, bio fortification, and point-of-use or home fortification), ranging from lowering the prevalence of nutritional deficiencies to societal and economic benefits. Micronutrient deficiencies are caused by a lack of nutrient-dense foods in the diet, as well as nutrient losses through poor diets, illnesses, and blood loss during menstruation (women of reproductive age). Micronutrient needs are particularly high during early growth, pregnancy, and lactation. Several country-level studies on the impact of food fortification on micronutrient status have yielded encouraging results. In Indonesia, for example, a study conducted in two districts of West Java evaluated the effects of large-scale fortification on the vitamin A status of women and children and discovered that fortified oil increased vitamin A intake close to the recommended nutrient intakes, contributing on average 26 percent of daily need for children aged 12 to 23 months, 38–40 percent for older children, and 29–35 percent for women. The market for fortified foods is expected to reach $172.4 million in 2020, growing at a CAGR of 6.1 percent from 2021 to 2026. Foods that have been supplemented with nutrients that are not naturally present in them are known as fortified foods. These foods are intended to improve nutrition and provide health benefits. Calcium could be supplied to fruit juice extracts, for example, because milk is usually fortified with vitamin D. The global market for fortified foods is being driven by a growing awareness of the need of maintaining a disease-free and healthy lifestyle. Additional microelements, such as major trace elements and several vitamins, are provided through fortified foods. The term "enhanced food" refers to food that has been fortified with nutrients that were lost during preparation. Furthermore, following processing, many refined grains, such as wheat flour, can be treated with folic acid, riboflavin, and iron. This is aimed at restoring the body's natural vitamin levels. Key Players • Hindustan Foods Ltd. • Natureland Organic Foods Pvt. Ltd.
Plant capacity: Micronutients Fortified Energy Dense Food (Rice): 1,600 Kgs per DayPlant & machinery: 23 Lakh
Working capital: -T.C.I: Cost of Project: 56 Lakh
Return: 27.00%Break even: 66.00%
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Camphor Powder (Technical Grade) Making Business

Camphor (Cinnamomumcamphora) is a white, crystalline material obtained from the wood of the camphor laurel (Cinnamomumcamphora) and other related laurel trees. Camphor is a fragrant evergreen tree native to China, India, Mongolia, Japan, and Taiwan, and a variation of it is grown in the Southern United States, particularly in Florida. Camphor is made by steam distilling, purifying, and sublimating the tree's wood, twigs, and bark. Camphor is used as a topical analgesic, antibacterial, antispasmodic, antipruritc, antiinflammatory, antiinfective, rubefacient, contraceptive, mild expectorant, nasal decongestant, cough suppressant, and many more pharmacological purposes. Camphor is easily absorbed through the skin and can also be given as an injection, inhaled, or swallowed. Camphor, also known as camphor powder (technical grade) or camphor oil, is an organic chemical that comes in the form of white crystals or crystalline powder and has a minty odour and a faint numbing taste. Its CAS number is 458-28-4. Camphor Powder (Technical grade) (CAS-No. 458-28-4) has a molecular weight of 164.23g/mol and is discovered to be the principal component in this type of product. Camphor powder, commonly known as camphor crystals, is derived from the wood of Cinnamomum trees. The bark and leaves of these trees are used to manufacture essential oils and medicine in China, Southeast Asia, and India. Camphor has been used as a pain reliever since ancient Greece and Rome, and it is still a common ingredient in ointments, liniments, and balms today. Some cosmetics and colognes contain it as well. Camphor powder is a solid derived from the Camphor tree, an evergreen tree endemic to Asia, particularly the southern sections of China and Taiwan. It's found in a variety of items, including soaps, detergents, and chewing gum, to impart a minty or mentholated aroma and/or flavour. It also acts as an antiseptic, killing germs and bacteria. Camphor used to be manufactured by distilling the camphor tree's bark and wood. Camphor is now produced chemically from turpentine oil. Vicks VapoRub, for example, contains it. Camphor products can be applied topically on the skin or breathed. Camphor is applied topically to ease pain and irritation. It's also been used to treat toenail fungus infections, warts, cold sores, haemorrhoids, and osteoarthritis. Camphor is applied topically to enhance local blood flow and as a "counterirritant," which causes discomfort to lessen pain and swelling. Camphor should not be applied to broken skin since it can quickly enter the bloodstream and reach high enough amounts to induce poisoning. Over the next five years, the global camphor market is expected to develop at a CAGR of 7.9%. The growing demand for camphor in the manufacture of medicine for various disorders is projected to propel the camphor market forward in the approaching years. Camphor, also known as camphor powder (technical grade) or camphor oil, is an organic chemical that comes in the form of white crystals or crystalline powder and has a minty odour and a faint numbing taste. Its CAS number is 458-28-4. Camphor Powder (Technical grade) (CAS-No. 458-28-4) has a molecular weight of 164.23g/mol and is discovered to be the principal component in this type of product. Camphor powder, commonly known as camphor crystals, is derived from the wood of Cinnamomum trees. The bark and leaves of these trees are used to manufacture essential oils and medicine in China, Southeast Asia, and India. Camphor has been used as a pain reliever since ancient Greece and Rome, and it is still a common ingredient in ointments, liniments, and balms today. Key Players • Camphor & Allied Products Ltd. • Kanchi Karpooram Ltd. • Mangalam Organics Ltd. • Oriental Aromatics Ltd. • Oriental Aromatics Ltd. • Saptagir Camphor Ltd.
Plant capacity: 600 Kgs Per dayPlant & machinery: 96 Lakh
Working capital: -T.C.I: Cost of Project: 160 Lakh
Return: 29.00%Break even: 67.00%
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Detailed Project report on Manufacturing of Sterile Water for Injection

SWFI (Sterile Water for Injection, USP) is sterile water for injection that has been purified by reverse osmosis and deionized using modern technologies to meet or exceed USP criteria for sterility, physical characteristics, and purity. The ionic content of SWFI is less than 10 mg/L. (TDS). Water is frequently utilised in therapeutic applications as a vehicle or dilution for other drugs. SWFI (Sterile Water for Injection) is sterile water that has been sterilised and disinfected to be used as an injection. SWFI is used to deliver injections to patients or to prepare and clean an area before providing an injection in both hospitals and doctors' offices. Sterile Water for Injectable (USP) is a sterile, non-pyrogenic injection water. The pH ranges from 3.5 to 7.0, with an osmolality range of 50 to 300 mOsm/kg (calc). The most common sterile preparations are solutions or suspensions, however solid pellets for tissue application are also possible. Parenteral drug manufacture has evolved into a highly specialised field of pharmaceutical processing. The backbone of sterile formulation and/or pharmaceutical dosage form is sterile facilities for all pharmaceutical products, particularly parentral preparation. It is critical to maintain sterility in all locations where the formulation process is carried out, from the beginning to the end. Because they are injected directly into the bloodstream, sterile injectable products are extremely important and delicate. Sterile Water for Injection is only intended to be used as a solvent or diluent vehicle for parenterally delivered medications or solutions, as well as a source of water for parenteral fluid replenishment once appropriate additives have been added to prevent blood tonicity. It can be used as a lavage or rinsing agent in some circumstances, although if available, isotonic solutions adequate for the area of exposure are preferred. Sterile Water for Injection provides a supply of water for parenteral fluid replenishment when adequate osmolarity has been attained when supplied intravenously as a medication vehicle. By 2025, India's biotechnology industry, which includes biopharmaceuticals, bioservices, bioagriculture, bioindustry, and bioinformatics, is predicted to develop at a 30 percent annual pace to reach US$ 100 billion. The rise in lifestyle disorders such as diabetes and heart disease has increased demand for pharmaceuticals in India. India has a big reservoir of scientific and research talent, as well as a large population with high cancer and chronic disease rates. India is a suitable location for drug research and clinical trials due to its shorter recruitment timeframes and reduced expenses. By 2025, the Indian pharmaceutical sector is estimated to be worth US$ 100 billion, while the medical device market would be worth US$ 25 billion. In FY20, India's pharmaceutical exports totaled US$ 20.70 billion. Bulk pharmaceuticals, intermediates, drug formulations, biologicals, Ayush and herbal items, and surgical products are all examples of pharmaceutical exports. Key Players • Albert David Ltd. • Amanta Healthcare Ltd. • Chandra Bhagat Pharma Ltd. • Denis Chem Lab Ltd. • Health Biotech Ltd. • Ivy Health & Life Sciences Pvt. Ltd.
Plant capacity: Ampoules 5 ml Size: 200,000 Nos. per day | Ampoules 10 ml Size: 150,000 Nos. per day | Ampoules 20 ml Size: 150,000 Nos. per dayPlant & machinery: 19.33 Cr
Working capital: -T.C.I: Cost of Project: 30.40 Cr
Return: 27.00%Break even: 39.00%
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Business Plan for Polyester Textured Yarn from Used Pet Bottle

Polyester Texturised Yarn, also known as polyester filament, polyester filaments, or polyester staple fibre, is a tightly woven yarn that has been texturized with finer filament cones. High Tenacity (HT) and High Twist (HT) are two subcategories of polyester texturised yarn (HT). HTY has the most tenacity and twist, while HTY and HTY are well balanced in terms of tenacity and twist. Polyester texturised yarn (also known as PT yarn) is a form of fabric that has the appearance and feel of cotton. It combines the strength and durability of polyester with the warmth, softness, and comfort of cotton, and it may be used for apparel as well as home décor items like bedding, curtains, slipcovers, and cushions. PT yarn is made up of microfibres that are stretched on both sides, resulting in a looped pattern that gives it its textured appearance. Choosing this sort of fabric over natural fabrics has a number of advantages, including cost savings and a greater number of possible combinations when designing clothing or any other project. When it comes to polyester texturised yarn, there are a plethora of possibilities. It can be found in a variety of garments, including socks, cardigans, underwear, and head scarves. It can also be used to make carpets, handbags, and other related items in the textile business. Yarns are spun fibres that are used to make textiles and other yarn-related items. Yarn can be created from nearly any fibre, but it is most usually made from animal hair like sheep's wool, cotton, or synthetic fibres like polyester or nylon. PET (Poly-Ethylene Terephthalate) is a type of plastic that is commonly used nowadays. PET bottles are everywhere in our daily lives–all one has to do is look around to see a PET bottle containing mineral water or soft drink, or being utilised for various purposes. PET bottles have a lot of value after they've been used, and recycled PET (r-PET) can be used in a range of applications. Waste collectors are highly interested in post-consumer PET bottles because of this. Waste collectors pay Rs.20-25/kg for discarded PET bottles. These bottles are purchased by kabadiwallahs, or garbage dealers, who hire individuals to sort, segregate, and sell the bottles to large vendors or recyclers. Discarded PET bottles are collected, sorted, cleaned, shredded, and made into 'washed flakes,' which are then used to make a variety of products, starting with polyester fibre, which is used as filling material for cushions and pillows, and then converted to fabrics for use in clothing, upholstery, and other applications. Polyester Yarn market size is estimated to increase at a CAGR of 7.4% from 2021 to 2025, reaching USD 110580 million by 2025, up from USD 83210 million in the previous research period. Because of its better physical characteristics, cheaper price, adaptability, and recyclability, polyester is the most desired and demanded fibre in the textiles business, providing a unique set of features unmatched by any other natural or synthetic fibre. The textile industry is seeing an increase in demand for both drawn texture yarn and fully drawn yarn. However, due to advancements in post-treatment technology and the reduced cost of fully drawn yarn, it is expected to overtake drawn texture yarn in the next years. Recycling polyester, performance and functional wear fabrics, home textiles, and other applications are included in this area. As the clothing, fashion, and retail industries move toward the development and manufacture of new items, demand for recycled polyester yarn is increasing. The idea of employing recycled polyester in many industries is gaining traction in developed countries around the world. Incorporating recycled polyester Yarn yarns derived from plastic bottles into garment products is becoming more common. Key Players • Agrawal Indotex Ltd. • Ajay Spinners Ltd. • Arisudana Industries Ltd. • Base Industries Ltd. • C I L Nova Petrochemicals Ltd. • Central India Polyesters Ltd.
Plant capacity: 50 MT Per DayPlant & machinery: 19.08 Cr
Working capital: -T.C.I: Cost of Project: 38.44 Cr
Return: 28.00%Break even: 54.00%
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Surgical Disposables Gowns and Drapes Manufacturing Business

A surgical drape is a non-woven covering made of disposable material that is used to cover a patient's region. A fenestration (an aperture) in a drape allows the surgeon to execute the procedure. It is available in a variety of sizes, depending on the sort of operation. Visit this Page for More Information: Start a Business in Medical Disposables Industry Drapes differ from one hospital to the next. For an eye operation, a 15-square-inch drape with a 3-square-inch fenestration might suffice, whereas for open heart surgery, the largest drape available, a laparotomy drape that covers the entire body, is required. Surgical drapes are used to keep the operating room clean and bacteria-free. Watch Video: Starting a Business of Medical Protective Gowns | Medical Disposables Gowns and Drapes Uses of Medical Disposables Gowns and Drapes: Gowns and drapes are used widely in healthcare facilities. Gowns have been used to minimize the risk of disease acquisition by healthcare providers, to reduce the risk of patient-to-patient transmission, and during invasive procedures to aid in maintaining a sterile field. Drapes have been used during invasive procedures to maintain the sterility of environmental surfaces, equipment, and patients. gowns protect healthcare personnel performing invasive procedures from contact with blood borne pathogens. Although gowns have been recommended to prevent patient-to-patient transmission in certain settings (eg, neonatal intensive care unit) and for certain patients (eg, those infected with vancomycin-resistant enterococci), scientific studies have produced mixed results of their efficacy. Watch other Informative Videos: Surgical, Medical Plastics, Medical Disposables, Disposable Medical Products used in Hospitals Manufacturing process of Medical Disposables Gowns and Drapes In most cases, gowns are manufactured by four main processes. These processes include embroidery, printing, heat-sealing, and sewing. There are also three additional methods that can be applied to gown production including serging, tube making and lamination. Medical Disposable drapes can be made through a few different manufacturing processes as well. The most common include embroidery, heat-sealing, cutting/folding/stitching or sewing. Additional processes for medical dress include lamination, tube making and serging. Related Feasibility Study Reports: Surgical, Medical Plastics, Medical Disposables, Disposable Medical Products used in Hospitals Each method has its own set of benefits depending on what is being produced, how many pieces are needed, etc. Another decision you’ll need to make when determining your drape manufacturer is which fabric will best suit your needs; there are three types commonly used in medical disposables—cotton, acrylic, and polyester. Some advantages of cotton over synthetic fabrics are softness, breathability and absorbency; however, it can shrink after several washes. Polyester tends to offer high strength and durability with added resistance to abrasion. Read our Book Here: Handbook on Medical and Surgical Disposable Products (Blood Bags, Plastic Gloves, I.V. Cannula, Infusion Set, Gowns, Masks, Catheter, Cotton and Bandage, Surgical Wear, Syringes) This makes it one of the more popular choices for medical facilities. Acrylic fabric offers moisture wicking properties along with anti-microbial characteristics that prevent bacterial growth or mildew growth at an optimal rate. Read Similar Articles: Medical Disposables Market Outlook: Surgical Drapes and Gowns Market is expected to increase at a CAGR of 4.42 percent from 2019 to 2026, to reach USD 3.23 billion. The rising number of surgeries and the rising prevalence of hospital-acquired infections are the main drivers of this market's expansion. The increased use of surgical drapes to protect surgeons and patients from surgical site infections is the main driver of this market's growth. Related Project: Business of Medical Disposables Gowns and Drapes The rising number of chronic diseases and operations, more knowledge of the use of surgical drapes and gowns, and the rising prevalence of hospital-acquired infections are all driving this industry forward. The Asia-Pacific area is predicted to be a profitable market. Increased awareness of chronic diseases and initiatives to promote the use of disposable surgical drapes and gowns are projected to boost the surgical drapes and gowns market size in the near future. Read our Books Here: Disposable Products (Medical, Surgical, Thermocol, Plastic, Paper, Domestic And General Products) - Use And Throw Items, Single Use Items, Disposable Take-Away Packaging, Disposable Items Manufacturing See More Links: Start a Business in Asia Related Market Research Reports Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Waste Oil Recycling Business Plan | Investment Opportunities in Waste Lubricating Oil Recycling Plant

INTRODUCTION Waste lubricating oil recycling plants are installed at garages and used-oil collection centers to recycle waste lubricating oils and turn them into usable products for companies that make up for their losses. These plants extract out reusable products from used or wasted lubricating oils. In many cases, these plants also purify oil to produce commercial grade lubricants that can be sold to manufacturers or wholesalers. The plant is best suited for large scale production of oil and other re-usable commodities. How does the Waste Lubricating Oil Recycling Plant works? The waste lubricating oil recycling plant consists of various units such as a dryer, a centrifuge, and an environmental treatment device. During operation, waste lubricating oil would be input into a certain pre-designated area in factory where it would be dried out by a heat source until it’s completely vaporized from its liquid state. Afterwards, if needed for further processes, it will then be fed to a centrifuge where any solid contaminates are separated out from it before being recycled or disposed of accordingly. Depending on industrial oils, most customers opt for heavily refined versions due to their high quality performance when used during running machinery. This level of refining is done in a vacuum distillation process which often results in very large volumes of waste lube oil that contains no hazardous material whatsoever; these oily wastes can then be reprocessed using an advanced refining process known as hydro-treating. In many cases, only 15% new petroleum is required by these plants to maintain consistent overall energy use, resulting in about 85% reduction over traditional internal combustion engines. Then end product are called base oils Benefits Reducing waste oil disposal costs, saving carbon dioxide emissions, reducing urban air pollution and water contamination. The market potential for waste lubricating oil recycling is large in that more than 80% of industrial lubricants are used in machinery manufacturing and therefore eventually become waste after use. All these factors make waste lubricating oil a huge resource and investment opportunity. The waste lubricating oil recycling plant market is highly lucrative, and is expected to grow at a healthy CAGR. The rise in awareness about environmental pollution due to improper disposal of used oil has compelled end-users of lubricants and machinery manufacturers to adopt proper procedures for used oil management. In addition, it has also increased demand for recycled products that are friendly to environment. Market growth is highly dependent on factors such as rising disposable income, development of infrastructural facilities and diminishing crude oil prices. Waste lubricating oil recycling plant market is also driven by government regulations and incentives related to waste disposal and non-renewable energy generation. However, limited availability of space for installation may hamper industry’s growth over the forecast period. In addition, environmental concerns regarding wastage of lubricants in nature can restrict market share for recycled products.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Manufacturing Business of Zinc Sulphate | Profitable Business Opportunity in Chemical sector

Zinc Sulphate is a combination of zinc and sulphur. It is used in farming as an organic fertilizer, and is also found in various medicines. The manufacturing process involves extracting zinc and sulphur from their ores and then mixing them together. In some cases, aluminum sulfate might be added too. This can help with the binding of chemicals and prevent them from flowing off after application. Zinc is often referred to as spelter or mineral white zinc, while sulfur’s natural form is called brimstone or flowers of sulfur. When combined, they are generally sold under several names including STS (Sulphated Trisodium Sulfate), STP (Sulphated Tetraborate), WSP (water soluble phosphate) or just zinc oxide. Visit this Page for More Information: Start a Business in Chemical Industry Projects Uses of Zinc Sulphate Zinc sulphate solution may be used in the production of zineb (zinc ethylene bisdithiocarbamate). Zineb, and agricultural fungicide, is commonly employed to protect crops such as apples, pears, cabbage, broccoli and ornamentals as well as citrus, stone-fruit, cotton and wheat. Zinc Sulphate is used in agriculture as a weed killer and to give protection against pests. It is used to supply zinc in animal feeds and fertilizers; Zinc Sulphate is also an important constituent of the precipitating bath in the manufacture of viscose rayon and in electrolyte for zinc plating. Zinc Sulphate functions as a mordant in dyeing; as a preservative for skins and leather; and as an astringent and emetic in medicine. Read Similar Articles: Chemical Industry How is zinc Sulphate produced? Producing zinc sulphate are roasting and leaching, flash chlorination, and thermal decomposition. Each method is suitable for a specific range of zinc ores with differing sulfur contents. Roasting and leaching can be used to process an ore with up to 0.5% sulfur while flash chlorination is effective on ores containing 0.25% or more sulfur by weight. Related Feasibility Study Reports: Chemicals,Chemicals Organic, Chemicals Inorganic, Zeolite, Sulphate, Wax, Activated Carbon, Polishing, Compounds, Acids, Starch, Nitrate, Phosphate, Formaldehyde, Biotechnology, Enzymes, Bio Fertilizer, Vermiculture and Vermi Compost Projects Thermal decomposition works best with ores that contain 20% sulfur or more and chlorine content of at least 70%. Flash chlorination produces more zinc oxide than other techniques but it also generates larger quantities of other compounds such as ammonium chloride (NHCl), calcium sulfate (CaSO4), sodium chloride (NaCl), potassium sulfate (K2SO4) and sodium carbonate ((Na2CO3). Thus, in many cases these impurities must be removed before commercial grade product is produced. Related Project: Zinc Sulphate - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost And Revenue, Plant Economics Market Outlook: Global Zinc Sulfate Market is valued to grow at healthy CAGR of 4.2% over in period 2020-2026. Increasing usage as a fertilizer additive in agricultural industry to prevent and correct zinc deficiency in crops, rising demand of applications of raw material for manufacturing latex products and usage as an herbicide for moss control are the key factors driving the market. Zinc sulfate plays a prominent role in treating zinc deficiencies in humans and is used as a fertilizer for agricultural sprays to improve soil nutrient which is expected to play a crucial role in the market development. Read our Book Here: The Complete Technology Book on Chemical Industries The zinc sulphate market in India is expected to reach US$ 40.5 MN by 2026, registering a CAGR of 10.7% during 2020–2026. Increasing demand for fungicides and pesticides in agriculture applications, growing interest of farmers towards using zinc sulphate for crops like rice, wheat, maize and cotton are some of the factors driving growth of zinc sulphate market in India. Watch other Informative Videos: Chemicals (Organic, Inorganic, Industrial) Zinc has antifungal properties against several types of fungi causing different crop diseases such as Botrytis, Alter aria & Phytophthora Leaf Blight. Due to its anti-oxidant properties zinc acts as an effective rust inhibitor on boats, cars & equipment exposed to salt water or high humidity conditions. See More Links: Start a Business in Asia Related Market Research Reports Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Set up an Edible Oil Refinery (Soya and Palm) Business | A Profitable Business Opportunity in Edible Oil Industry

Introduction An edible oil refinery involves refining soybean and palm oils for edible use. Edible vegetable oils are used in a wide variety of applications, from cooking to biofuels, depending on their chemistry. These processes require specialized refinery equipment to process them into finished products that can be used commercially or sold on store shelves. For instance, while soybean oil can be used as a frying medium or blended with ethanol to produce biodiesel fuel, a different process must be applied to turn it into lecithin. Visit this Page for More Information: Edible Oil Industry Palm Oil: The oil palm, Elaeisguineensis, is native to Africa. The commercial values of this crop lies mainly in the oil that can be obtained from the mesocarp of the fruit - palm oil and the kernel of the nut - palm kernel oil. In fact, oil palm is the only fruit that can give these two types of oil. Both are edible oils but with very different chemical composition, physical properties and applications. Palm oil is used mainly for cooking such as cooking oil, margarine and shortening but also has non-food applications such as soap, detergent, and cosmetics. Read Similar Articles: Oils and fats Soybean Oil: Soybean oil is a rich source of essential fatty acids, both linoleic and linolenic acid. These polyunsaturated fatty acids are important key to prevent cardiovascular diseases bylowering serum cholesterol through reducing lipoprotein ( LDL ) synthesis and increasing lipoprotein breakdown, as well as by the effect of linolenic acid. Linolenic acid reduces plaque formation and thrombosis by decreasing platelet aggregation, promoting prostaglandin E3 synthesis. Related Project: Setting a Profitable Business of Edible Oil Refinery (Soya & Palm) How to set up an Edible Oil Refinery You'll need a solid plan and setup to start a business as an edible oil refinery. Palm oil and soya bean sourcing are two essential elements in establishing a refinery. After creating your own refining process, the next step is to purchase equipment and machinery such as a crusher, vacuum system, separator, and so on. Water supply plant, electricity supply plant, office building, canteen, and other items are also vital for the smooth operation of the factory. Read our Books Here: Oils and Fats To acquire the finest results from the refinery equipment, adequate planning is required. For example, it takes a long time to set up machineries correctly, and if a mistake is made, it becomes difficult to continue working, resulting in lost money or machine damage if material becomes lodged somewhere. Because there will be continuous checking and tweaking, the labour will become exhausting. There should be someone in charge of maintenance once or twice a month to ensure that everything runs smoothly until the end of the project's life cycle. Benefits of Edible Oil Refining Soya & Palm Business You will receive refined edible oils, such as soya palm or palm, at a reasonable price. This is a capital-intensive firm with low human requirements, resulting in a high profit margin. As long as you have a modest scale processing plant and get raw materials from a reputable provider, there is no need to invest in equipment and technology. You can earn extra money by selling by-products like glycerol cake and sawdust, for example. Related Feasibility Study Reports: Edible Oils Market Outlook: The global edible oil market is estimated to grow at a CAGR of 3.57% from a market value of USD96.878 billion in 2019 to attain a market value of USD119.571 billion by the end of 2025. The global edible oil market is anticipated to witness a substantial growth owing to increasing popularity of unrefined, unprocessed, healthy, and organic oil. In the coming years, vegetable oils with low cholesterol, fat, and calories are likely to gain high response due to growing health awareness among people across the world. In addition, major improvement in retail network, increasing crop yields, oil production, and growing economies are some of the prominent factors supporting the growth of the global edible oil market. Watch other Informative Videos: • Oils and Fats • Essential Oils, Edible Oils, Phytochemicals, Aromatic Chemicals, Aromatic Compounds, Spice Oils and Oleoresins Projects The global soybean market is expected to register a CAGR of 5.78% during the forecast period (2020-2025). The growing awareness among consumers regarding the advantages of soybean oil, in comparison to other vegetable edible oils, has driven its demand significantly. Palm Oil Market size is estimated to be $81.9 billion in 2019, growing at a CAGR of 6.0% during the forecast period 2020-2025. Growing consumer awareness regarding positive health benefits of palm oil, changing consumption habits of consumers towards nutritional diet and increasing demand for edible oils are driving the market growth in recent years. The edible oil market in India has grown significantly over a period of time. In terms of revenue, it reached US$5.18 billion in 2016 and is expected to grow at a CAGR of 12.9% during 2018-2024. The markets are projected to reach US$7.2 billion by 2024. A large chunk of revenue generated by edible oils industry comes from Soya beans as well as RBD Palmolein/Palm Olein and crude palm oil. There exists significant potential for investors to tap into growing opportunities in Indian edible oil industry. Key Players: • A D M Agro Inds. India Pvt. Ltd. • Adani Wilmar Ltd. • Betul Oil Ltd. • Budge Budge Refineries Ltd. • Bunge India Pvt. Ltd. See More Links: Start a Business in Asia Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects Related Market Research Reports
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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