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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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Start Magnesium Sulphate Production Business | Investment Opportunities for Entrepreneurs

Magnesium Sulphate is an inorganic salt with the formula MgSO4 (H2O) x where 0?x?7. It is often encountered as the heptahydrate sulphate mineral epsomite (MgSO4•7H2O), commonly known as Epsom salt, is a mineral. It works by replacing magnesium in the body and increasing water in the intestines. Magnesium sulphate can be used orally as a laxative to relieve occasional constipation, and to treat low levels of magnesium, the majority was used in agriculture. Not all external uses for magnesium sulphate have been approved by the FDA. Visit this Page for More Information: Chemical Industry Projects Manufacturing Process Magnesium Sulfate is extracted from sea water, where it occurs naturally. The raw materials are dissolved in water and subjected to electrolysis. After that, magnesium hydroxide precipitates and can be heated to crystallize magnesium sulphate which then can be further processed into other forms or used as a solid desiccant or dehydrating agent. Read Similar Articles: Chemical Industry Manufacturers of chemical products depend on chemicals such as magnesium sulphate to carry out numerous reactions for them throughout their business processes. Although there are many uses for chemicals such as these, one of its most common uses is for food production purposes. When foods have been stored too long at high temperatures, they often tend to spoil quickly because they become moist with humidity. Related Project Report: Profitable Business of Magnesium Sulphate Benefits 1. Low investment 2. No skills required 3. Low running cost 4. Immediate income after setting up 5. High profit margin 6. Easy Storage 7. Procurement can be made from farmers 8. Economical as an ingredient for agriculture and horticulture 9. Current market demand is high 10. a lot of export opportunities 11. Can be used in various industries such as horticulture, agriculture, animal husbandry and aquaculture Related Feasibility Study Reports: Chemicals (Organic, Inorganic, Industrial) Projects 12. Relatively cheap supply in India 13. Highly potential business idea 14. Not chemical based business 15. Little or no competition 16. Has strong scope for growth 17. Less capital intensive 18. Quick returns 19. Easy liquidity 20. Simple business set-up 21. Potential expansion 22. Environment friendly product 23. Margin improvement 24. Free from intermediaries 25. Promising revenue generation Read our Books Here: Chemical Technology (Organic, Inorganic, and Industrial), Fine Chemicals Market Outlook: Magnesium Sulfate Market is to reach $1,233.3 million by 2026, after growing at a CAGR of 5.1% during 2021-2026. The growing need to achieve high agricultural yields coupled with the substantial growth of the worldwide agricultural industry is expected to be the main driver of demand growth in the years ahead. Furthermore, increasing use of magnesium sulfate in the personal care & cosmetics sector to formulate a range of important personal care items, including hair products, skincare products, sun-tan products and skin fresheners will create new opportunities for the growth of the global magnesium sulphate industry. Watch other Informative Videos: Chemicals (Organic, Inorganic, Industrial) Key Players: • Agro Phos (India) Ltd. • Aksharchem (India) Ltd. • Arihant Chemicals Inds. Ltd. • Liberty Phosphate Ltd. • Pioneer Magnesia Works Pvt. Ltd. • Sam Industries 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
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How to Set up Granulated Fertilizers Production Plant | Investment Opportunities in Agriculture Based Industry

Introduction Granulated fertilizers are dry materials that dissolve in water. They’re an alternative to liquid fertilizers, which release nutrients through osmosis over time. Granulated fertilizers usually contain ammonium nitrate (NH4NO3), potassium sulfate (K2SO4), diammonium phosphate (NH4H2PO4) or superphosphate (Ca(H2PO3)2). Visit this Page for More Information: Start a Business in Fertilizer Industry The material is composed of uniform particles that can easily be spread on soil surfaces Granulated fertilizers also help suppress disease pressure by releasing essential elements throughout a crop’s growing season. While farmers typically use granulated fertilizers during spring planting periods, many gardeners use them in fall after harvesting summer crops so they don’t lose precious soil moisture before winter arrives. Related Feasibility Study Reports: Fertilizers, Fertilisers, Inorganic Fertilizers (Mineral Fertilizer), Macronutrients and Micronutrients, NPK, SSP, Single Super Phosphate, Urea, Nitrogen Fertilizer, Nitrogenous Fertilizer, Diammonium Phosphate Projects Uses of Granulated fertilizers The most common use of granulated fertilizers is in agriculture. They are used by farmers as plant nutrients to promote plant growth, and also as an aid for certain pest control strategies. A granular fertilizer is placed around (or sometimes on) a seedling or young tree at planting time and then absorbed through its roots during growth. There are many different types of granular fertilizers for specialized applications such as lawn care. Horticultural grade potassium nitrate, also known as saltpeter, is used as a fumigant that inhibits sprouting and fruiting from seeds, making it useful to prevent weed problems. Related Project: Investment Opportunities In Production Of Granulated Fertilizers Benefits Two major benefits of granular fertilizers include their ability to be transported easily and applied very evenly. These two beneficial features, there are still several other benefits that make fertilizer granules one of your best options for improving your lawn’s health. Granular products do not require any special equipment for application (except spreading with a spreader), it is easier to apply them accurately over the areas where they will have maximum effect on your yard or garden plants. Market Outlook: The global market for granulated fertilizers is expected grow at a Good CAGR between 2018 and 2027. Significant growth in the agriculture sector, along with an increasing requirement for enhancing soil fertility and crop growth, is one of the key factors driving the growth of the market. In line with this, the widespread adoption of organic farming practices as a means of sustainable development to bridge the substantial demand and supply gap of food products is also providing a boost to the market growth. Read our Book Here: Manufacture of Biofertilizer and Organic Farming Additionally, the development of advanced farming techniques and increasing utilization of bio-fertilizers are acting as other major growth-inducing factors. Apart from this, expanding trade activities of crops and produce, especially with developing nations, are also creating a positive impact on the market. The increasing adoption of fertigation techniques across major crops is also fueling demand for granulated fertilizers globally. Watch other Informative Videos: Fertilizers, Biofertilizer, Inorganic Fertilizers (Mineral Fertilizer), NPK, Nitrogen Fertilizer,Nitrogenous Fertilizer, Diammonium Phosphate Projects 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 For more Details: https://bit.ly/3tvWnaC
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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
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Waste Oil Recycling Business Plan | Investment Opportunities in Waste Lubricating Oil Recycling Plant

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. Read our Book Here: Lubricating Oils, Greases and Petroleum Products Manufacturing Handbook 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. Related Feasibility Study Reports: Petroleum and Petroleum Products, Refining, Greases, Lube Oil, Brake Fluid, Automotive & Industrial Lubricants, Gear Oils, Wax & Wax Products, Paraffin Wax, Polishes, Bitumen, Base Oil, Crude Oil, Fuel Oils, Lubricating Oils, Gear Oils, Kerosene 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 Read our Books Here: Petroleum, Greases, Petrochemicals, Lubricants 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. Watch other Informative Videos: Petroleum and Petroleum Products Market Outlook: India industrial lubricant market is projected to grow to USD 1.91 billion by 2027, on the back of strong growth in construction & mining sectors across the country. Industrial lubricants find application in variety of end user industries therefore, an extensive list of lubricants is available that include hydraulic oil, greases, gear oil, compressor oil, industrial engine oil, metal working fluids and bearing oil. Among these, the hydraulic lubricants and machine lubricants dominate the market due to high demand in industrial and mining applications. Related Project: Investment Opportunities in Waste Lubricating Oil Recycling Plant 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. Watch Video: Petroleum Lubricating Oil and Grease Manufacturing Industry | Lube Oil Blending Plant 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. 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 ???????????????????????????? ???????? NIIR PROJECT CONSULTANCY SERVICES, DELHI An ISO 9001:2015 Company ENTREPRENEUR INDIA 106-E, Kamla Nagar, Opp. Mall ST, New Delhi-110007, India. Email: [email protected] [email protected] Tel: +91-11-23843955, 23845654, 23845886 Mobile: +91-9097075054, 8800733955 Website: https://www.entrepreneurindia.co https://www.niir.org
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Manufacturing Business of IV Fluids (BFS Technology)

Intravenous fluids are fluids administered intravenously (via veins) or directly through the circulatory system to a patient. These fluids must be sterile to protect patients from harm, and there are several options. Many businesses sell pre-packaged intravenous fluids and other items that can be mixed with sterile water to make an intravenous solution. There are two types of intravenous fluids. Crystalloids, such as saline solutions, contain a solution of water-soluble molecules. Colloids are made up of particles that aren't soluble in water and have a high osmotic pressure, which causes fluid to flow into blood arteries. Intravenous fluids can also be used to provide medications in addition to delivering fluids. With the help of an infusion pump, a doctor can dissolve a little amount of medication in a bag of intravenous fluids and infuse the medicated fluid straight into the bloodstream over a long period of time. Fluids are also often utilised to aid in the recovery of individuals who have undergone surgery; people who receive fluids after surgery recover more quickly than those who do not. IV fluids are made up of a range of solutions. The one chosen is determined on the situation. As a simple mode of delivery, several additional chemicals can be added to the IV solution. Antibiotics, pain relievers, and other medications can be mixed into the IV to ensure that the patient receives the medication as soon as possible. Dextrose (also known as D-glucose, Corn Sugar, Starch Sugar, Blood Sugar, and Grape Sugar) is the most abundant sugar in nature. It can be found free (mono saccharine form) or chemically coupled with other sugars. In the Free State, it can be found in high concentrations in honey, fruits, and berries. • Electrolyte metabolism and waste water treatment, particularly in extreme situations. • Acid-base imbalance treatment. • During the postoperative phase, a dextrose solution is utilised to reduce salt extraction. • A dextrose solution with a concentration of 10-15% is used as a diuretic to promote urine flow. • Saline solution is used when a significant amount of salt has been lost due to vomiting, stomach or intestinal duodenal aspiration, or an alimentary fistula. In medicine, intravenous (IV) fluids are used to restore vital nutrients or chemicals that the body cannot produce on its own. IV fluids are also widely utilised in medical conditions where someone has lost a considerable amount of fluid from their body and requires rapid rehydration as well as electrolyte and vitamin replacement, such as accidents or illnesses. If IV fluids are needed to treat a sickness or disease, doctors will examine the patient's condition on a regular basis to ensure that it does not deteriorate and that his or her health recovers quickly and successfully. The global intravenous (IV) solutions market was valued at USD 6.9 billion in 2015, and it is predicted to grow at a 7.8% CAGR over the next five years. The constantly growing geriatric population, as well as the high prevalence of malnutrition among the elderly and children, might be attributed to the growth of this industry. The intravenous (IV) solution market is expected to develop at a compound annual growth rate (CAGR) of 7.69 percent from 2016 to 2022, reaching USD 11,511.2 million. The market is expanding due to the rising prevalence of chronic diseases and the increasing acceptability of vitamin C intravenous treatment therapy for colorectal cancer. Key Players: • Abaris Healthcare Pvt. Ltd. • Ahlcon Parenterals (India) Ltd. • Axa Parenterals Ltd. • Infutec Healthcare Ltd. • Kokad Pharmaceutical Laboratories Ltd. • Parenteral Surgicals Ltd.
Plant capacity: IV Fluids (500 ml Size Pack): 78,000 Packs Per DayPlant & machinery: 576 Lakhs
Working capital: N/AT.C.I: Cost of Project: 1190 Lakhs
Return: 27.00%Break even: 50.00%
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Set up your own Maize Processing Plant with Cogeneration Plant

After wheat and rice, maize is the third most significant cereal/crop, and it offers a wide range of processing options due to its high nutritional content and cost-effectiveness. Maize (sometimes known as corn) is a cereal grass commonly used for food and animal feed. In India, maize is one of the most extensively consumed foods. India produces 21 million tonnes of maize every year, with Karnataka, Andhra Pradesh, and Rajasthan producing the most. India is one of the world's largest maize producers, and the grain can be grown throughout the year in practically any agro-climatic zone within its borders. Maize planting has increased in India in recent years, resulting in its domination as a starch source among processors. Maize is one of the most adaptable crops in development, thriving in a variety of agro-climatic situations. Maize is recognised as the "Queen of Cereals" around the world because it has the highest genetic production potential of all cereals. Starch, oil, protein, alcoholic drinks, food sweeteners, medicines, cosmetics, film, textile, gum, packaging, and paper are just a few of the sectors that use maize as a primary raw material. In commercial food production, a maize processing factory, often known as a corn mill, plays a significant role. Dry maize is ground into corn meal or corn flour at the factory, which is subsequently used to make tortillas, breads, and cereals. The grain can also be fermented and distilled to make ethanol fuel, or it can be processed into syrups to sweeten carbonated beverages. Depending on the type of gear used and the degree of milling that occurs during processing, a maize processing facility can do more than just turn corn into corn flour, cornmeal, or grits. Despite the fact that these are all common applications for maize processing facilities. Almost 57 percent of maize produced in India is utilised to feed poultry and livestock. Thirty-three percent is consumed, 9% is utilised to manufacture starch and related products, and 1% is used as seed. Maize is mostly used to make starch and other industrial products in the United States and Europe. Despite being one of the world's major maize producers, India's value addition in the form of processing lags behind more industrialised countries. A considerable amount of starch is transformed into high-value-added nutritional sweeteners, such as glucose syrup, dextrose, and fructose syrup, in modern countries. The Indian corn starch market is expected to increase at a CAGR of 3.9 percent from 2019 to 2024, reaching $1.37 billion in 2018. Corn's wide range of uses in industries including as food and beverage, medicines, animal feed, textiles, and paper are moving the India Corn Starch market ahead. Textile, paper, and construction sectors, as well as the pharmaceutical industry, are the primary consumers of starches. Although the usage of these derivatives in the food business is slowly increasing, there is still a lot of untapped potential in the maize starch processing industry. North America is the most important market for corn starch in terms of both value and volume. In contrast, the maize starch market in Asia Pacific is expected to develop at the fastest rate in the coming year, at a CAGR of 6.4 percent. Maize starch demand is rising across Asia Pacific, particularly in ASEAN, China, and India, where major corn starch producers have recently made significant investments. Key Players: • Aksharchem (India) Ltd. • Amaravati Agro Ltd. • Cargill India Pvt. Ltd. • Devi Corn Products Ltd. • Gayatri Bioorganics Ltd. • Gujarat Ambuja Exports Ltd.
Plant capacity: Maize Starch: 150 MT Per Day | Liquid Glucose: 20 MT Per Day | Maltodextrin: 18 MT Per Day | Gluten as by Product: 33 MT Per Day | Germ as by Product: 21 MT Per Day | Fiber as by Product: 36 MT Per DayPlant & machinery: 136 Cr
Working capital: N/AT.C.I: Cost of Project: 171 Cr
Return: 21.00%Break even: 32.00%
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Active Pharma Ingredients Metformin and Ciprofloxacin Production Business

Metformin (also known as Glucophage) is an oral diabetes medication that helps the body use insulin more effectively and lower blood sugar levels. Metformin is a diabetes treatment that can be taken alone or with other diabetes drugs. It has no side effects like hypoglycemia or weight gain, which are common with other diabetic treatments. Metformin does not cure diabetes, but it can help you manage your blood sugar and lower your risk of problems if you take it as prescribed by your doctor. Metformin is the first-line treatment for type 2 diabetes, especially in overweight individuals, and is sold under the brand names Glucophage and others. Polycystic ovarian syndrome (PCOS) is also treated with it (PCOS). It's taken orally and hasn't been linked to weight gain. It's sometimes used off-label to aid people who take antipsychotics or phenelzine avoid gaining weight. Metformin is a biguanide, which is a type of antihyperglycemic medication. It works by lowering glucose production in the liver, improving insulin sensitivity in body tissues, and increasing GDF15 secretion to reduce hunger and calorie intake. Metformin is a drug that is used to treat high blood sugar levels caused by type 2 diabetes, sometimes known as sugar diabetes. In this type of diabetes, the pancreas' insulin is unable to carry sugar into the body's cells, where it can operate normally. Metformin can help lower blood sugar and restore the way you use food to make energy when it's too high, either alone or in combination with a type of oral antidiabetic medicine called a sulfonylurea, or insulin. Metformin is a drug that aids in the regulation of blood sugar levels in persons with type 2 diabetes. It's also used as a second-line treatment for infertility caused by polycystic ovarian syndrome. Infections of the urinary tract (not recommended as a first-line antibiotic) Ciprofloxacin is the active ingredient in Ciprofloxacin, an antibiotic. It prevents germs from copying their DNA, which is how it works. It's primarily used to treat infections of the urinary tract, respiratory tract, prostate gland, skin and soft tissue infections, and anthrax because of its broad spectrum of activity against Gram-positive and Gram-negative bacteria, as well as its ability to penetrate bacterial biofilms and stationary phase cells in both aerobic and anaerobic environments. In 1983, Bayer A.G. developed ciprofloxacin, which was approved by the US Food and Drug Administration (FDA) in 1987. The FDA has licenced ciprofloxacin for 12 human and veterinary uses, however it is routinely used for unapproved reasons (off-label). Antibiotics, herbal and natural supplements, and thyroid therapies are among the medications that interact with ciprofloxacin. • Acute uncomplicated cystitis in women • Chronic bacterial prostatitis in men (not recommended as a first-line antibiotic choice) • Respiratory tract infections are less common (not recommended as a first-line antibiotic choice) • Acute sinusitis (not recommended as a first-line antibiotic choice) • Infections of the skin and the tissues that support it • Infections of the bones and joints • Infectious diarrhoea • Salmonella typhi-caused typhoid fever (enteric fever) Metformin hydrochloride API producers are strengthening their manufacturing capacities to lessen their reliance on China as anti-China sentiment grows in India. Due to interruptions in supplies from China as a result of the COVID-19 pandemic, manufacturers have been ramping up domestic production of active medicinal components (APIs). Despite the fact that India is known as the world's pharmacy because to its vast production capabilities in generic pharmaceuticals and vaccines, China is proving to be a tough rival, accounting for half of worldwide API supply. Indian drug companies are seeking to domestic producers to minimise their reliance on China in the metformin hydrochloride API business, as ties between the two countries have improved since a deadly border clash in June 2020. The Indian ciprofloxacin market is likely to grow rapidly over the forecast period. The ciprofloxacin market in India is being driven by the increased prevalence of renal disorders and eye infections, among other things. Ciprofloxacin is a second-generation fluoroquinolone that is used to treat a range of ear infections, including otitis externa, which is expected to drive market growth through FY2026. In addition, the market is expected to grow in the next years as the demand for broad-spectrum antibiotics that can treat a wide range of gram-positive and gram-negative bacteria grows. Key Players: • Aarti Drugs Ltd. • Abhilasha Pharma Pvt. Ltd. • Auro Laboratories Ltd. • Corvine Chemicals & Pharmaceuticals Ltd. • Godavari Drugs Ltd. • Harman Finochem Ltd.
Plant capacity: Metformin: 2,000 Kgs. Per Day | Ciprofloxacin: 1,000 Kgs. Per DayPlant & machinery: 104 Lakhs
Working capital: N/AT.C.I: Cost of Project: 584 Lakhs
Return: 31.00%Break even: 58.00%
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Manufacturing Business of Plastic Optical Lenses

Traditional glass lenses can be replaced by plastic optical lenses. They're constructed of an inert, pliable polymer that allows you to design frames that don't distort your eyesight or disrupt your eye socket's natural shape. Because they're so light, you won't even notice you're wearing them! Optical lenses are light-focusing or diverging optical components that focus or diverge light. Optical lenses are used in a variety of fields, such as life sciences, photography, industry, and defence. The profile or substrate of a lens affects how light flows through it. A lens is a refractory transmissive optical device that alters the focal length of a light beam. A simple lens is made up of a single piece of material, whereas a compound lens is made up of numerous simple lenses (elements) connected by a common axis. Lenses are made of transparent materials that have been ground and polished into the right shape, such as glass. The great majority of lenses are spherical, with two sphere sections on each surface. Convex (bulging outwards from the lens), concave (depressed into the lens), or planar (no bulging outwardly from the lens) surfaces are possible (flat). The lens axis is the line that connects the centres of the spheres that make up the lens surfaces. A magnifying glass is a frame that contains a single convex lens and a handle or stand. Myopia, hyperopia, presbyopia, and astigmatism, among other vision abnormalities, can be treated using lenses. Monoculars, binoculars, telescopes, microscopes, cameras, and projectors are some of the additional applications. When used on the human eye, some of these instruments provide a simulated image; others create a real image that may be captured on photographic film or an optical sensor, or displayed on a screen. The Abbe number refers to a lens's dispersion, which is the property most closely linked to its optical performance of all its properties. Lower Abbe numbers imply chromatic aberration (colour fringes above/below or to the left/right of a high contrast object), which is more common in larger diameter lenses with stronger prescriptions (4D or greater). Lower Abbe numbers are an inherent characteristic of mid and higher index lenses, regardless of the material employed. The Abbe number for a material at a specific refractive index formulation is called the Abbe value. So far, glass lenses have been employed in a wide range of applications. As a result of its brittleness and susceptibility to deterioration, plastic lenses have developed and grown in popularity. Plastic lenses beat glass lenses in terms of UV resistance, durability, and safety for use in sports or other high-intensity activities where the lens is likely to break. Plastic lenses can be coated with a variety of coatings to meet the needs of users. Optical lenses are optical components that concentrate or diverge light. Microscopes, binoculars, camera lenses, and telescopes are examples of optical lenses. Optical lenses are made of many materials, such as glass, polycarbonate, and plastic resins. Because of their multiple advantages and the increasing growth of optics-related industries, resin-based lenses are currently in the limelight. The Internet's widespread use has accelerated the adoption of mobile phones and televisions. As a result, an increasing number of people are experiencing vision issues and needing to utilise plastic lenses. These lenses feature a wide range of practical qualities, such as little distortion, shatter resistance, and strong breaking resistance, which has increased their popularity and demand significantly. Key Players • Appasamy Ocular Devices Pvt. Ltd. • Bausch & Lomb India Pvt. Ltd. • Eagle Optics Pvt. Ltd. • Essilor India Pvt. Ltd. • G K B Hi-Tech Lenses Pvt. Ltd.
Plant capacity: 20,000 Pairs per dayPlant & machinery: 10.27 Cr
Working capital: N/AT.C.I: Cost of Project: 14.73 Cr
Return: 25.00%Break even: 44.00%
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Manufacturing Business of Plastic Optical Lenses

Traditional glass lenses can be replaced by plastic optical lenses. They're constructed of an inert, pliable polymer that allows you to design frames that don't distort your eyesight or disrupt your eye socket's natural shape. Because they're so light, you won't even notice you're wearing them! Optical lenses are light-focusing or diverging optical components that focus or diverge light. Optical lenses are used in a variety of fields, such as life sciences, photography, industry, and defence. The profile or substrate of a lens affects how light flows through it. A lens is a refractory transmissive optical device that alters the focal length of a light beam. A simple lens is made up of a single piece of material, whereas a compound lens is made up of numerous simple lenses (elements) connected by a common axis. Lenses are made of transparent materials that have been ground and polished into the right shape, such as glass. The great majority of lenses are spherical, with two sphere sections on each surface. Convex (bulging outwards from the lens), concave (depressed into the lens), or planar (no bulging outwardly from the lens) surfaces are possible (flat). The lens axis is the line that connects the centres of the spheres that make up the lens surfaces. A magnifying glass is a frame that contains a single convex lens and a handle or stand. Myopia, hyperopia, presbyopia, and astigmatism, among other vision abnormalities, can be treated using lenses. Monoculars, binoculars, telescopes, microscopes, cameras, and projectors are some of the additional applications. When used on the human eye, some of these instruments provide a simulated image; others create a real image that may be captured on photographic film or an optical sensor, or displayed on a screen. The Abbe number refers to a lens's dispersion, which is the property most closely linked to its optical performance of all its properties. Lower Abbe numbers imply chromatic aberration (colour fringes above/below or to the left/right of a high contrast object), which is more common in larger diameter lenses with stronger prescriptions (4D or greater). Lower Abbe numbers are an inherent characteristic of mid and higher index lenses, regardless of the material employed. The Abbe number for a material at a specific refractive index formulation is called the Abbe value. So far, glass lenses have been employed in a wide range of applications. As a result of its brittleness and susceptibility to deterioration, plastic lenses have developed and grown in popularity. Plastic lenses beat glass lenses in terms of UV resistance, durability, and safety for use in sports or other high-intensity activities where the lens is likely to break. Plastic lenses can be coated with a variety of coatings to meet the needs of users. Optical lenses are optical components that concentrate or diverge light. Microscopes, binoculars, camera lenses, and telescopes are examples of optical lenses. Optical lenses are made of many materials, such as glass, polycarbonate, and plastic resins. Because of their multiple advantages and the increasing growth of optics-related industries, resin-based lenses are currently in the limelight. The Internet's widespread use has accelerated the adoption of mobile phones and televisions. As a result, an increasing number of people are experiencing vision issues and needing to utilise plastic lenses. These lenses feature a wide range of practical qualities, such as little distortion, shatter resistance, and strong breaking resistance, which has increased their popularity and demand significantly. Key Players • Appasamy Ocular Devices Pvt. Ltd. • Bausch & Lomb India Pvt. Ltd. • Eagle Optics Pvt. Ltd. • Essilor India Pvt. Ltd. • G K B Hi-Tech Lenses Pvt. Ltd.
Plant capacity: 20,000 Pairs per dayPlant & machinery: 10.27 Cr
Working capital: N/AT.C.I: Cost of Project: 14.73 Cr
Return: 25.00%Break even: 44.00%
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Recycling of Lithium Ion Battery Business

The popularity of smart phones and tablets has resulted in a significant increase in the demand for lithium ion batteries in recent years. Because these gadgets contain hazardous elements that must be properly disposed of to avoid contamination of the environment, it is now more important than ever to recycle these batteries. Most commercial lithium ion batteries contain transition metal oxides or phosphates, aluminium, copper, graphite, organic electrolytes containing poisonous lithium salts, and other chemicals. As a result, an increasing number of scientists are concentrating their efforts on the recycling and repurposing of spent lithium ion batteries. However, recycling expended lithium ion batteries is difficult due to their high energy density, greater safety, and low cost. Lithium-ion batteries are becoming increasingly popular. Cell phones, computers, consumer gadgets, and certain industrial applications already use them. They're used in telecom towers, solar storage systems, and electric automobiles. Lithium-ion batteries should be recycled for a variety of reasons, according to battery experts and environmentalists. The recovered materials might be utilised to build new batteries, cutting production costs. These components now account for more than half of the cost of a battery. The most expensive components of the cathode, cobalt and nickel, have seen significant price changes in recent years. The removal of any plastic, rubber, or metal pieces is the first stage in recycling a lithium ion battery. These parts are sold as raw materials after being separated from the remainder of the waste stream. The next stage is to separate all metals, which is usually done by electrolysis, which produces an acid solution that dissolves metals while leaving the bulk of other components behind. Batteries can be dismantled into groups of similar materials and reused without any additional processing. Cobalt and nickel, for example, could be employed in new batteries or as semiconductor components. Steel is created from manganese and iron, and aluminium is delivered to aluminium smelters. Despite the fact that chromium is infrequently recovered for use in steel manufacturing, it is most commonly used as a high-purity alloying agent. Lithium waste does not react with other chemicals, thus it can be disposed of properly in landfills or resold to manufacturers who will reuse it after separation. India's lithium-ion battery sector is expected to grow quickly over the next five years. One of the primary steps taken by the Indian government to drive the growth of this sector is the National Electric Mobility Mission Plan 2020, which forecasts 6-7 million electric vehicles on Indian roads by 2020 and a target of 175 GW renewable energy installation by 2022. India's annual lithium-ion battery market is expected to increase at a 37.5 percent compound annual growth rate (CAGR) from now until 2030, when it would reach 132 GWh, according to projections. By 2030, the market for lithium-ion batteries will have grown from 2.9 gigawatt-hours in 2018 to around 800 gigawatt-hours. India's goal to transition from fossil fuel-based vehicles to electric vehicles (EVs) would drive up demand for batteries in the coming years. The lithium-ion battery (LiB) is now the most suitable alternative among the various existing battery technologies. With today's recycling technology, valuable metals including cobalt, nickel, manganese, lithium, graphite, and aluminium can be recovered up to 90%. These make up around 50-60% of the total battery cost, with cobalt being the most expensive.
Plant capacity: Copper: 1.4 MT Per Day | Aluminium: 0.8 MT Per Day | Graphite: 1.8 MT Per Day | Carbon Black: 0.3 MT Per Day | Lithium Cobalt Oxide: 2.5 MT Per Day | Plastic: 0.2 MT Per DayPlant & machinery: 200 Lakhs
Working capital: N/AT.C.I: Cost of Project: 422 Lakhs
Return: 27.00%Break even: 55.00%
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