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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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Production Business of Ferric Pyrophosphate

Ferric pyrophosphate is an amazing chemical with a lot of uses, especially in the food and pharmaceutical industries. As a result, there is a lot of market demand for this compound, which means there is a lot of money to be made producing and selling it. Here are some ideas to get you started if you want to start your own ferric pyrophosphate production company. Iron (III) phosphate, or ferric pyrophosphate, is an inorganic chemical compound with the formula Fe (PO) (OH). It's also known as iron tetrapolyphosphate. It's found naturally in some algae. It's utilised in animal feed and fertiliser as an iron source. This black crystalline solid is soluble in water, alcohols, and glycerol. Its solubility decreases to around 0.1 M at pH 2–3, and to 0.01 M at pH 8–9. The structure of its monohydrate (FePO•HO) was determined using X-ray diffraction. PO tetrahedra join [FeO(OH)] octahedra in the monohydrate. The cations are individually coordinated by two oxygen atoms from two neighbouring [FeO (OH)] octahedra. Only one type of FeO has been discovered in neutral solutions. Ferric pyrophosphate can be made with phosphoric acid, sodium carbonate, and iron (III) oxide. As with numerous other related substances, it can be produced by oxidising FePO4 with nitric acid: 3Na2CO3 + 3HNO3 + 6FePO4 3NaNO3 + 6Fe (NO3)3 + 3H2O. FPC (ferric pyrophosphate citrate) is a low-molecular-weight iron salt that can be administered through dialysate and enter the bloodstream after passing through the hemodialyzer membrane. It does not require macrophage processing because, unlike the iron complexes stated above, it transfers iron directly to transferrin, allowing it to circumvent reticuloendothelial obstruction. Adult testing revealed that it could deliver enough iron to replace ongoing losses and maintain Hb levels, leading to FDA approval in 2015. FPC therapy had no influence on ferritin levels, which could be due to the fact that it does not boost iron reserves, posing a decreased risk of iron overload. Uses: Iron has a wide range of applications (III), and pyrophosphate can be used as an iron supplement for people who are iron deficient. Additives to Food and Feed/Food Additives: Ferric Pyrophosphate is a dietary supplement that is tan or yellowish white in colour and is created by reacting sodium pyrophosphate with ferric citrate. The ingredient has the potential to be used in infant formula. Another name for it is iron (iii) pyrophosphate. Iron fortification: FCC Ferric Pyrophosphate Powder is an iron-rich dietary supplement. The FCC grade meets the requirements of the Food Chemical Codex and can be used in a variety of food, beverage, and nutritional supplement applications. Benefits of Starting a Ferric Pyrophosphate Production Business: The ferric pyrophosphate production sector is one that you should look into. It's a tough industry with high entry barriers, therefore it's a specialist market that appeals to seasoned entrepreneurs. The same method can also be used to make other metal phosphates, such as calcium, magnesium, and zinc phosphates. The demand for these commodities has gradually increased in recent years as a result of their use in agriculture. You may profit from these growing markets while also providing your customers with a product that aids in agricultural yield increase and fertiliser cost reduction by starting a ferric pyrophosphate manufacturing company. Market Size: Ferric pyrophosphate accounted for more than half of the industry's total share in 2017. Key uses such as iron supplements for illness prevention such as anaemia, fortification in infant cereals and other drink powders, and a high presence of iron bioavailability will drive increased demand for FePO4. An increase in the number of health difficulties that arise each year as a result of nutritional and vitamin deficiencies in infants, children, and adults will drive the ferric pyrophosphate market. The food and beverage market is expected to reach 60 kilo tonnes of consumption by 2024. Rising consumer demand and a wide range of preferences in the food and beverage industry will help FePO4 flourish. As people become more conscious of their daily nutritional intake and demand for dietary supplements rises, the business will grow. Fertilizer use will increase at a pace of above 5% per year through 2024. Due to population growth, rapid advances, particularly in the agriculture sector, will increase the industry's scale. The animal feed and food sectors will benefit from increased agricultural and fertiliser R&D investments, as well as the development of novel and enhanced agrochemical compounds for high-quality crop production. As a result, the overall size of the iron phosphate market is affected. Because of the growing expansion of the agriculture, pharmaceutical, and food and beverage industries, the worldwide iron phosphate market will grow. As the world's population rises, so does the amount of arable land available, broadening the scope of fertiliser application. Increased agricultural insect concerns and the release of new pesticide kinds will aid penetration. Growing crop demand, as well as greater agricultural R&D spending, will move the company forward. Industry Major Market Players: • Sudeep Pharma Pvt. Ltd. • Crest Industrial Chemicals • Imperial Chemorporation • Spectrum Laboratory Products (spectrum chemical manu. Corp) • Merck • Jost Chemical • American Elements • Hefei Asialon Chemical • Aarvee Chemicals • Zhengzhou Ruipu Biological Engineering • Charkit Chemical Corporation • ILVE Chemicals • Pd Navkar Bio-chem
Plant capacity: 600 MT Per AnnumPlant & machinery: 48 Lakhs
Working capital: -T.C.I: Cost of Project: 133 Lakhs
Return: 29.00%Break even: 74.00%
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Traction Motors(Permanent Magnet Synchronous Motors, Brushless DC Motors and Flux Motors) Manufacturing Business

The traction motor is the most important part of a locomotive. For the most part, this motor is a D.C. Series Commutator Motor. Traction motors are electric motors that create the necessary torque for the train's wheels to rotate. Traction motors produce turning force, which is transmitted to the wheels via the axle and drive gear unit. In trucks, traction motors are often installed where the wheels are. Traction motors, permanent magnet synchronous motors, brushless DC motors, and flux motors are used in a variety of industrial applications. The paper and pulp industry, mining, textiles, food processing, and pharmaceuticals are all businesses that use these motors. The stator core of a permanent magnet synchronous motor (PMSM) is built of ferromagnetic material (such as iron) rather than electromagnets. Some hybrid motor types use a permanent magnet in place of one pole face of each stator winding, while others eliminate one stator winding entirely. These motors are frequently designed to deliver high torque at a constant speed. Industrial applications include water pumps, fans, compressors, and conveyors, to name a few. They can also be used for traction, but only when extremely high starting torques or dynamic braking are required. An electric motor with solid-state inductance control is known as a brushless direct current (BLDC) motor. BLDC motors are commonly used in fans, blowers, pumps, electric machinery, and robotics. Inductance is often adjusted using variable voltages provided to switching devices such as transistors or power MOSFETs. Brushed DC motors, on the other hand, use mechanical brushes and commutators to control current flow through coils wound around an iron core. In general, BLDC motors are more efficient than brushed DC motors because they do not waste energy through commutator contact resistive losses. A flux motor is a permanent magnet synchronous motor with an electronically commutated array of field-oriented coils in place of the mechanical commutator (FOC). Brushless motors are utilised in the design of the Flux Motor, as they are in many modern variable-speed drive applications. Brushless motors can provide considerable amounts of power at rates as low as 0.1 Hz. This type of motor has been effectively used in industrial drives, packing machines, medical equipment, and HVAC systems. Uses and Applications: • Air conditioners • Refrigerators • AC compressors • Direct-drive washing machines • Automotive electrical power steering • Machine tools • Traction control • Data storage units • Servo drives • Electric vehicle drivetrain • Large power systems to improve leading and lagging power factor • Industrial applications such as robotics and aerospace For BLDC Motors: • Electric automobiles, hybrid vehicles, and electric bicycles • Industrial robots, CNC machine tools, and basic belt powered systems • Washing machines, compressors, and dryers • Computer hard drives and DVD/CD players • Fans, pumps and blowers Benefits of Starting a Traction Motor Manufacturing Business: There are a lot of benefits to starting your own traction motor manufacturing business. Being your own boss, having complete financial control, and being able to choose your own hours are just a few of the advantages. When it comes to owning a traction motor manufacturing company, the opportunities are virtually unlimited. This is due to the fact that you will be dealing directly with clients rather than working with multiple manufacturers. This means you can start a relationship with several clients at once. The third benefit of starting a traction motor manufacturing business is that it is quite inexpensive. All you need to do now is buy some equipment and hire some room to start selling your goods. There are various compelling reasons for someone to start their own traction motor manufacturing business. Market Size: The global automotive traction motor market is predicted to grow at a 33.7 percent CAGR from USD 4.1 billion in 2021 to USD 17.3 billion in 2026. Rising demand for electric vehicles, the development of high-performance motors, and favourable government laws are driving the market. The rising demand for traction motors is mostly attributable to advancements in electric vehicle technology. Electric vehicle manufacturers from all around the world are paying attention to this new technology. In October 2019, Magna International, for example, got the BMW Group's largest production order for transmission technologies. The multi-year contract covers all front-wheel drive dual-clutch transmissions, including hybrid transmissions. The global electric vehicle traction motor market is predicted to grow at a quick rate during the forecast period, owing to the increased use of electric vehicles around the world. Based on vehicle type, the battery electric vehicle sub-segment is expected to be the most profitable. The North American region is predicted to hold the largest share of the market during the analysis period. The market is predicted to increase at a high rate throughout the forecast period, owing to rising demand for electric vehicles around the world. Over the projected period, increased investments by major automotive firms around the world are expected to fuel the expansion of the electric vehicle traction motor market. Industry Major Market Players: • ABB • American Traction Systems • Hitachi, Ltd • HYUNDAI ROTEM COMPANY (subsidiary of Hyundai Motor Company) • CRRC • Mitsubishi Electric Corporation • Siemens • ŠKODA TRANSPORTATION • Toshiba International Corporation • Wabtec Corporation
Plant capacity: Permanent Magnet Synchronious Motors(5 KW, 48/72 Volt with 3000 RPM): 40 Nos/Day Brushless DC Motors (3 KW, 48/72 Volt with 3000 RPM): 40 Nos/Day Axial Flux Motors(10 KW, 48/72 Volt with 3000 RPM): 20 Nos/DayPlant & machinery: 114 Lakhs
Working capital: -T.C.I: Cost of Project: 510 Lakhs
Return: 30.00%Break even: 70.00%
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Start Production Business of Monosodium Glutamate

MSG (monosodium glutamate) is a popular ingredient in restaurants and households around the world. It improves the flavour and taste of food, and as a result, it has been increasingly popular in recent decades. If you're serious about starting your own business and being your own boss, consider starting a monosodium glutamate manufacturing firm in addition to the other businesses we provide on this site. Continue reading to find out why you should consider launching this company! In processed meals, MSG (monosodium glutamate) is a prevalent ingredient. It is made from glutamic acid, which is derived from proteins. It's what gives our processed meals their delightful flavour, in a nutshell. MSG may encourage you to eat more than you intended since it raises appetite-stimulating hormones like ghrelin and neuropeptide Y. A type of MSG is monosodium glutamate, also known as MSG or glutamate. It's a sodium salt derived from glutamic acid, one of the 20 amino acids required by cells to produce proteins. Like other amino acids, glutamate is a critical source of metabolic energy that can be converted to glucose as needed. It has no flavour, unlike most amino acids, and instead adds umami to food, making it popular in cooking and food preparation. In addition to its savoury flavour, glutamate is responsible for amplifying some naturally occurring flavours in foods. It's perfect for improving the flavour of processed foods like canned soups and frozen entrees because of this. In truth, MSG is present in approximately 80% of all processed foods. One of the most frequent amino acids found in nature is MSG (monosodium glutamate). It's used in a variety of meals as a flavour enhancer and as a food additive in the form of hydrolyzed protein or purified monosodium salt. Monosodium glutamate is a sodium salt of glutamic acid. The chemical formula is C5H8NO4Na. MSG and glutamic acid were previously produced through extraction, which was a time-consuming and costly method. It was first launched in the United States in the late 1940s. Later, fermentation was successfully employed to manufacture MSG and glutamic acid on a large scale (1956). The most common form of MSG is monohydrate crystals, which are a white, odourless powder. Some important uses of Monosodium Glutamate are listed below: • This chemical can be found in a wide range of canned goods and spice blends. • MSG is frequently used to make cigarettes taste better. • Hepatic coma can also be treated with it. • A lot of instant ramen noodle companies use MSG as a main ingredient. Benefits of starting Monosodium Glutamate Business: There are numerous advantages to starting a Monosodium glutamate production company. For starters, MSG is in increasing demand because to its popularity throughout Asia. Second, MSG production has a huge profit margin due to its low costs. Third, a successful entrepreneur who wants to create their own business rather than work for someone else has a lot of room for growth. Finally, MSG has been proved to have no negative health impacts. It can be used in soups, stews, and sauces, among other cuisines and beverages. It's also found in a number of other products, such as baby food and seasonings. It's also in a number of pharmaceuticals and cosmetics. MSG is available in Asia, including China, Japan, and South Korea. These countries consume more than 80% of all monosodium glutamate produced in the globe. The product is very popular in western countries such as America and Europe due to its excellent taste and flavour enhancer characteristics. Market Outlook: The Monosodium Glutamate market was worth $5,638 million in 2020, and between 2021 and 2026, it is predicted to grow at a CAGR of 5.81 percent. Monosodium Glutamate's popularity has expanded throughout time, and it can currently be found in a wide range of products at any supermarket or grocery store. Factors such as rising demand for flavour enhancers, monosodium glutamates in meat products, rising popularity of fast food chains in developing countries, rising standard of living, changing customer preferences, and rising demand for convenience foods are expected to propel the global market forward during the forecast period of 2021-2026. Increased industrial and non-industrial applications, as well as rising consumer demand for convenience meals, are driving growth in the Monosodium Glutamate industry. The monosodium glutamate market, on the other hand, is projected to be limited by a number of health concerns associated with its consumption. The Asia-Pacific region had the largest market share of 35 percent, owing to the growing popularity of fast food chains. Industry Major Market Players: • Ajinomoto Co Inc • CaFufeng Group • Cargill Inc. • COFCO • Fufeng Group • Gremount International Co. Ltd • Meihua Holdings Group Co. Ltd • Ningxia Eppen Biotech Co Ltd • R.M. Chemicals • Sunrise Nutrachem Group • Vedan International
Plant capacity: 15 MT Per DayPlant & machinery: 7 Cr
Working capital: -T.C.I: Cost of Project: 21 Cr
Return: 26.00%Break even: 45.00%
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Set Up ADHESIVE(Fevicol Type) Production Unit

An adhesive is any substance that is applied to one surface (the substrate) and creates an attraction between it and another surface. Because most adhesives are polymeric, mechanical methods such as molecular bonding are used to hold them together (e.g., covalent bonding). By enhancing interfacial shear strength, additives (for example, plasticizers) can improve binding. Furthermore, many traditional adhesives are produced using environmentally friendly procedures and hence have no negative environmental impact. The most common industrial adhesives include glue, tape, mucilage, and paste. Other examples include masonry cement, chewing gum, double-sided tape, and epoxy resin glues used in electronics manufacturing. Many high-tech items rely on particular adhesives to function properly. Super glue, for example, is frequently used in orthopaedic surgery and dentistry; it's also found inside some athletic shoes to provide traction on wet or slick surfaces. Fevicol and its variants are among the most commonly used household goods in India, with Fevikwik being one of the most extensively used adhesives in the world. Fevicol can be used as a base product to produce your own unique versions if you wish to start your own adhesive firm. Fevicol and other adhesives have a wide range of applications and can be used in a variety of sectors. Synthetic adhesives are the most widely utilised, despite the fact that natural adhesives are less expensive to produce. In terms of adaptability and performance, synthetic resins and rubber-based adhesives excel. Synthetics may be produced in large quantities and with uniform quality. They can also be changed in a variety of ways and are frequently combined to produce the best results for a particular application. The two types of polymers used in synthetic adhesives are thermoplastics and thermosets. Thermoplastics provide strong, long-lasting adhesion at normal temperatures, and they can be softened for application without degrading. The thermoplastic resins used in adhesives include nitrocellulose, polyvinyl acetate, vinyl acetate-ethylene copolymer, polyethylene, polypropylene, polyamides, polyesters, acrylics, and cyanoacrylics. Thermosetting materials, unlike thermoplastics, provide permanent, heat-resistant, insoluble linkages that cannot be modified without damage. The aerospace industry makes considerable use of thermosetting polymer adhesives. Thermosets include phenol formaldehyde, urea formaldehyde, unsaturated polyesters, epoxies, and polyurethanes. Uses: • Carpenters use a variety of adhesives to complete their work. Vinyl acetate is used to make Yellow Wood Glue, which is commonly water-based. • Adhesives such as white craft glue are required for lightweight materials such as cardboard, paper, cloth, and children's crafts. Because they are frequently carried by water, they are easier to clean and less harmful. These glues must cure before any strength may be determined. • Glue sticks are great for stationery, particularly for kids. They produce a low-bonding glue that lasts a long time. These glues adhere to a wide range of materials, including cardboard, poster board, and foam board. When the adhesive dries, it is usually translucent. Envelope sealing is a nice illustration of how they can be employed. • Adhesives are widely used in the textile industry. Fabric adhesives, such as polyvinyl acetate or liquid white glues, can be utilised in this way. • Acrylate adhesives are widely utilised in ceramic and leather manufacturing. These glues have a tendency to bond rapidly and create a strong, transparent finish. • Adhesive is a substance used in the paint industry to improve the adhesion of paint and coatings. Market Size in India: Due to the expansion of several end-user sectors, India's adhesives industry has developed to become one of the world's largest users of adhesives. India's adhesives business is expected to be valued USD 5.7 billion by the end of 2020. According to Researcher, the India Adhesives market is expected to grow at a substantial rate over the forecast year. The market is being propelled forward by rising demand for adhesives and sealants in a range of end-user industries, such as automotive and construction, as well as technological advancements in formulations. Because of important characteristics and physical properties such as high cohesive strength, good adhesion and elasticity, flexibility, cohesion, and environmental resistance to UV light, corrosion, salt water, rain, and other weathering conditions, as well as the substrate's high elastic modulus and thermal expansion resistance, adhesives are widely used in the construction industry. The Indian construction sector is predicted to grow at a rate of over 15% throughout the projection period, reaching around USD 800 billion. There are almost 20,000 current construction projects in India. Furthermore, the United Nations predicts that India's urban population would increase by 57 percent from 377 million in 2011 to 594 million in 2036. The growing urbanisation of the region has fueled the growth of the construction industry. Market Outlook: Growth in the packaging, building & woodworking, and transportation end-use industries, as well as technological advancements, have assisted the evolution of the industrial adhesives market. The industrial adhesives market grew at a CAGR of 4.8 percent between 2015 and 2021. As a result of tight environmental constraints, bio-based alternatives are being developed. Soybean-derived polyols, vegetable oil-based polyamides, polyisoprenes, and epoxies are the primary bio-based adhesives that will see increased sales and production over the projected period. Over the forecast period, the market is expected to grow at a CAGR of 5%. (2022-2032). Adhesives are utilised extensively in the construction industry, which includes both residential and non-residential construction. As the region's urbanisation and people's living conditions improve, the construction industry in Asia Pacific is constantly rising. The adhesives business is rapidly growing in Asia Pacific as a result of increased industrialization and residential and commercial construction activities. In the construction business, adhesives are utilised in a variety of ways. Just a few examples include ceramic tiles, concrete, flooring underlayment, pre-finished panels, and roofing. Macroeconomic developments and political acts have an impact on the global building and construction industry. As a result of quality improvements and LEED certification, industry participants are pushed to implement sustainable designs and green building approaches. As a result, adhesives are in higher demand. The demand for adhesives in green building technologies is expanding, necessitating more R&D to develop novel adhesive materials. Industry Major Market Players: • 3M • Akzo Nobel N.V. • Arkema Group • Ashland • Avery Dennison Corporation • Bostik • DELO Industrie Klebstoffe GmbH & Co. KGaA • DuPont de Nemours, Inc. • Franklin International, • H.B. Fuller Company • Henkel Adhesives Technologies India Private Limited • Henkel AG and Co. • Huntsman International LLC • Illinois Tool Works Inc. • Jowat SE • KCC Corporation • LORD Corporation. • Mapei S.p.A. • Permabond LLC • Pidilite Industries Limited • RPM International Inc • Sika AG • Yokohama Industries Americas Inc
Plant capacity: 300 MT Per AnnumPlant & machinery: 40 Lakhs
Working capital: -T.C.I: Cost of Project: 70 Lakhs
Return: 28.00%Break even: 70.00%
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Business Plan for Dental Care Products GI Cement & Composite Lite Cure Manufacturing

If you want to start your own business, consider beginning a glass ionomer cement and composite lite cure manufacturing company. This field is suitable for those who want to see quick results as well as the financial advantages that come with them. There are companies that make glass ionomer cement and composite lite cure, with one selling non-cohesive glass ionomer cement and the other selling composite lite cure, which can stick to enamel and dentin and is thus stronger than glass ionomer cement. Both of these chemicals help to keep future deterioration at bay. Glass ionomer cement and composite lite cure are two new dental products that are used in dentistry, prosthodontics, orthodontics, endodontics, and other related fields. They are custom-made artificial tooth restorations that are used to replace or repair natural teeth or their supporting structures that have decayed or become damaged. Recent technical breakthroughs have led in unique materials and production techniques that offer higher quality and lower costs than traditional dental materials like porcelain fused to metal crowns (PFM) and cast gold alloys. A series of dental products is referred to as "Glass Ionomer Cement." It's made of acrylic resin, water, and a glass filler (glass ionomer) that hardens via an acid–base reaction. The tooth-colored filling can be placed on top of exposed root surfaces as well as cavities after decayed or damaged tooth structure has been removed. On top of the cement, restorative materials such as porcelain veneers, crowns, and tooth fillings are applied. Furthermore, employing a glass ionomer cement makes installing composite fillings easier than using traditional amalgam fillings, according to research. Advantages: When GICs were utilised as a fissure sealing material, a systemic evaluation indicated no difference in caries formation when compared to traditional resin-based sealants, and the fissures are more resistant to demineralization, even after the visible loss of sealant material. Furthermore, it has poorer dental structure retention than resin-based sealants. Because these sealants are hydrophilic, they can be employed in a wet mouth cavity instead of hydrophobic resin. Resin-based sealants are rapidly destroyed by saliva contamination. In terms of appearance, Composite Lite Cure resembles common filler materials like glass ionomer cement. Both use resin and fillers to create a material that can be used for bonding restorations or as a tooth adhesive. Composite lite cure, on the other hand, offers a number of distinct advantages over traditional composites. To begin, unlike traditional composites that rely on light from a curing unit or laser to cure, composite lite cure depends on light-activated resin and does not require curing units or lasers. This makes it easier to control and helps dentists to work faster. Second, because composite light cure does not require heat during application, there is less risk of thermal damage to the tooth structure. Advantages of Composites: The primary advantage of a direct dental composite over older materials like amalgam is that it closely resembles tooth tissue. Micromechanical bonding to the Tooth Structure: Composite fillings bond micromechanically to the tooth structure. Tooth-sparing Preparation: Unlike amalgam fillings, composite fillings are cemented (bonded) to the tooth, so the dentist does not have to build retentive properties that harm the tooth. A less expensive and more conservative alternative to dental crowns: A composite restoration may be recommended in some situations as a less expensive (but potentially less long-lasting) alternative to a dental crown, which can be rather expensive. Alternative to Tooth Removal: Because a composite restoration adheres to the tooth and can repair the physical integrity of a damaged or rotting tooth, it can save a tooth that would otherwise be lost to amalgam restoration. Versatility: Composite fillings are versatile in that they can be used to treat chipped, broken, or damaged teeth that amalgam fillings cannot heal. Repair ability: Minor damage to a composite filling can sometimes be easily repaired by simply adding more composite. Longer Working Time: The light-curing composite allows for on-demand setting and a longer working time for the operator when compared to amalgam restoration. Market Outlook: From 2021 to 2027, the global Glass-ionomer Cement market is predicted to grow at a CAGR of 4.5 percent, from USD 118.4 million in 2016 to USD 154.1 million in 2027. The main drivers of this growth are rising disposable income levels, increased awareness of dental care, and increased demand for dentistry services in developing countries such as China and India, owing to economic development, favourable government initiatives, and improvements in healthcare infrastructure, as well as rising disposable income levels. Rising demand from developing countries is driving the growth of the Global Glass Ionomer Cement Market. As a result of an influx of migrants from adjacent regions, the population of rising countries is fast growing. As a result, consumption and investment rates have skyrocketed, boosting the country's economy. As a result, new construction projects requiring cement manufacturing, such as roads and buildings, will be in higher demand, fueling market expansion in the coming years. Furthermore, as a result of increased dental care spending, increased understanding of cavity prevention procedures, combined with powerful marketing strategies implemented by product manufacturers, will continue to affect favourable sales of glass ionomer cement. The market for Dental Curing Lights is expected to grow at a significant CAGR in the future years as the breadth and uses of these lights expand around the world. A dental curing lamp is a device that polymerizes light cure resin-based composites in dentistry. Only dental materials that can be cured with light are used. LEDs and halogen are the most prevalent dental curing lights used by specialists and in dental offices. The dental curing light market is growing due to increased demand from dentists, increased usage of modern technology, and higher consumer awareness of new technology such as dental curing light and its benefits. India Dental Devices Market: The India Dental Devices market is estimated to increase at a CAGR of 6.5 percent over the forecast period (2022-2027). The number of dental implants and oral surgeries performed has increased as a result of the rise in oral issues, notably among youngsters and the elderly. Industry Major Market Players: • 3M • DENTAURUM (Germnay) • Dentsply Sirona • DENTSPLY SIRONA (US) • GC (Japan) • GE Healthcare • Harvard • I-dental • Ivoclar Vivadent • Kerr • Mitsui Chemicals • Philips Healthcare • Prime Dental (US) • Promedica • Rongxiang Dent • Shanghai DMF • Shanghai New Century • Shofu • Siemens Healthineers • VOCO
Plant capacity: GI Cement (Part A Powder 5 gms each & Part B Liquid 5 ml each) 20000 Pcs/Day | Compsite Lite Cure 5 ml each Pack: 15000 Pcs/DayPlant & machinery: 39 Lakhs
Working capital: -T.C.I: Cost of Project: 340 Lakhs
Return: 36.00%Break even: 74.00%
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Manufacturing Business of Benzoic Acid/Sodium Benzoate

The organic compound benzoic acid, also known as sodium benzoate or benzene carboxylic acid, has the formula C7H6O2. Benzoic acids and a number of other chemical compounds, like benzoin resin, include it. Because of its fungicidal, antibacterial, and antifungal properties, benzoic acid was once used in toothpaste and deodorant. Benzoic acid is a white crystalline chemical that is used to make a number of different compounds. As a preservative, it's typically found in foods, beverages, and personal care products. Pesticides and textiles, as well as foods and pharmaceuticals, contain benzoic acid. The FDA has also approved its use as an active ingredient in several toothpastes. Sulfuric acid is used to oxidise phenol, which is subsequently neutralised with sodium hydroxide or potassium hydroxide. It can also be created by hydrogenating toluene diisocyanate with nickel, cobalt, iron, or ruthenium as a catalyst. It's also used to make other chemicals including methyl salicylate, sodium benzoate, and toluene sulfonic acid as a precursor. Sodium Benzoate is the sodium salt of benzoic acid. It serves as a preservative as well as an antioxidant. Cranberries, raspberries, lingonberries, blackcurrants, and blackberries are all natural sources of sodium benzoate. It's found in carbonated beverages like Coca-Cola Classic, where it's combined with citric acid. Sodium hydroxide and benzoic acid are mixed together to make it. A chemical compound similar to benzyl alcohol is benzyl alcohol (1-phenylethanol). To create sodium benzoate from benzoic acid, oleum is made by mixing an alkaline solution of sodium or potassium hydroxide with strong sulfuric acid. When it reacts with benzoic acid, which is a salt in water and alcohol solvents, it creates benzoates. As a byproduct of these reactions, carbon dioxide gas is created, which is used to make soda water in some countries. Applications: Benzoic Acid • The manufacture of phenol requires the usage of benzoic acid. Benzoic acid ointments are used to prevent or cure fungal skin infections. • C6H5COOH is utilised as a preservative in the food industry. Benzoic acid is found in several cosmetic products, including lipsticks. • Benzoyl chloride is made from benzoic acid. • Toothpaste, mouthwash, and face wash creams all contain benzoic acid. • Benzoic acid is also used to make insect repellents and colourants. Sodium Benzoate Sodium benzoate has been used in a variety of items due to its antimicrobial and flavouring characteristics. It is the most widely used food preservative in the world, found in both food and soft drink products. It's found in margarine, salsas, maple syrups, pickles, preserves, jams, and jellies. Sodium benzoate can be present in practically all diet soft drinks, as well as a variety of wine coolers and fruit juices. It can also be found in toothpaste, dentifrice cleansers, and mouthwashes. The advantage of sodium benzoate is that it is a low-cost preservative. One drawback is its astringent taste, which can be minimised by taking a lower quantity of another preservative such potassium sorbate. Market Outlook: The Benzoic Acid Market is anticipated to reach $2.4 billion by 2025, after rising at a CAGR of 9.5 percent from 2020 to 2025. Because of its dominance across application areas, the benzoic market has seen favourable growth in recent years, and it is expected to continue to develop at a faster rate throughout the projection period. The substitution of non-phthalate plasticizers for phthalate plasticizers, particularly in European and North American countries, has provided a tremendous market opportunity for benzoic acid makers, who are experiencing an increase in their use in the paper industry. The processed and packaged food and beverage industry is also expanding due to increased demand for frozen food products and beverages around the world. Because of increased demand for food preservatives in China and India, the benzoic acid market segment of the end-use food & beverage industry is expected to grow. The Sodium Benzoate Market is expected to grow at a CAGR of 4.3 percent from 2021 to 2028. The global sodium benzoate market is expected to grow fast over the forecast period, owing to increased demand for convenience meals and food products with long shelf lives. Sodium benzoate is widely used as a preservative in a range of industries, including food and beverage, cosmetics, and medications, to maintain product quality, boost product safety, and extend product shelf life. It's typically used as a preservative in foods with a pH of less than 4.5; sodium benzoate's efficacy increases as the pH falls. Increased use of synthetic preservatives on poultry and meat in the Asia Pacific and Middle East & Africa regions is estimated to drive the worldwide sodium benzoate market during the forecast period. Industry Major Market Players: • Wuhan Youji Industries • Tianjin Dongda Chemical • Liao Ning Huayi Chemical • Benxi Black Horse Chemical • Jiangsu Shunfeng Chemical • Shandong Province and Tai Wei Run Food • Eton Food • Tengzhou Aolong • Emerald Performance Materials • I G Petrochemicals Ltd. (IGPL) • Merck KGaA • Chemcrux Enterprises Ltd • The Chemical Company
Plant capacity: Benzoic Acid: 23.3 MT Per Day | Sodium Benzoate: 6.7 MT Per DayPlant & machinery: 18 Cr
Working capital: -T.C.I: Cost of Project: 34 Cr
Return: 26.00%Break even: 58.00%
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Tartaric Acid Production Business

You may be aware that tartaric acid is commonly used in the food industry due to its antibacterial and antioxidant properties, but did you know it's also utilised in the cosmetics industry? If you wish to profit from this market segment, it's time to start your own tartaric acid manufacturing company. Tartaric Acid (TA): It's a fragrant white crystalline powder that's usually used as a leavening ingredient in baking, and it gets its name from tartar, a byproduct of wine fermentation. It may be found in soft drinks and pharmaceuticals. Tartaric acid has recently been found in foods such as ice cream and yoghurt, as consumers seek products that are free of preservatives and artificial ingredients. Tartaric acid can also be found in grapes and other plants. Because of its versatility, tartaric acid manufacturing is rapidly increasing. Tartaric acid can be found in a range of fruits and vegetables, including bananas, grapes, citrus, and tamarinds. Racemic acid or 2, 3-dihydroxyl succinic acid are other names for it. It is used in the carbon dioxide manufacturing process. It's a diprotic crystalline white diprotic aldaric acid. In the pharmaceutical industry, it is widely used. For must changes, tartaric acid is the most usually recommended acid. It has a higher acidity than malic acid and is less susceptible to microbial degradation during alcoholic and malolactic fermentations. Uses: • To improve the flavour of oral medications. • Metal ions such as calcium and magnesium are chelated. • Used in recipes as a leavening agent in conjunction with baking soda. • It has anti-oxidant properties. • Acidity is a major component in wine. • Used to give foods a sour flavour. • To make you throw up. • In order to make silver mirrors. • Tartaric acid, in the ester form, is used in textile dyeing. • After the leather has been tanned. • It can also be found in candies. • Tartaric acid, in the form of a cream, is used as a food stabiliser. Applications: Food Industry: • As an acidifier and natural preservative in marmalades, ice cream, jellies, juices, preserves, and beverages • Effervescent water is carbonated water. • As an emulsifier and preservative in the baking industry, as well as in the production of candies and desserts Oenology: • Used as an acidifier in musts and wines to produce wines with more balanced flavour profiles, more acidity, and lower pH levels. • Excipient in the manufacturing of effervescent tablets in the pharmaceutical industry. Construction Industry: • Used to reduce the drying process and make handling easier in cement, plaster, and plaster of Paris. • Cosmetics Industry • Found as a basic ingredient in many natural body crèmes. • In the chemical sector, galvanic baths are utilised. • Anti-oxidant in industrial greases • Electronics industry • Textile industry as a mordant Tartaric Acid Market in India: The Indian tartaric acid market is predicted to grow rapidly over the forecast period. The market's growth can be attributed to the growing use of tartaric acid as a preservative in packaged goods, as well as its expanding application across numerous end-user sectors such as food & beverages and pharmaceuticals. Tartaric acid also serves as an emulsifier, chelating agent, and flavour enhancer, allowing it to be used in a variety of industries including printing, metal, construction, wine, and cosmetics. Furthermore, the rising use of microencapsulation in the pharmaceutical and food industries, as well as the expanding use of tartaric acid in the manufacturing of wine, are likely to enhance the India tartaric acid market during the forecast period. The rise of the Indian tartaric acid market is being aided by the proliferation of cosmetics, personal care, and male grooming products, as well as improved knowledge of skincare, body care, and haircare. Higher wine consumption has resulted from the growing urban population and affinity toward western culture, which is expected to propel the tartaric acid market ahead. Tartaric acid producers are also increasing their spending in discovering new sources of tartaric acids and creating derivatives, which is expected to propel the India tartaric acid market forward. Market Outlook: The global tartaric acid market is expected to be worth $2.55 billion in 2020. Between 2021 and 2030, the market is estimated to grow at a CAGR of around 6.4 percent. The food industry is one of the world's fastest-growing businesses, providing opportunities for newcomers. Only a few manufacturers and established organisations are focusing on boosting production capacity in the tartaric acid market, which is a consolidated market. Tartaric acid is in high demand in the confectionery industry, where it is employed in the production of industrial biscuits and snacks, as well as in baking and desserts as a leavening agent. One of the key causes for tartaric acid's present high demand is the world's constantly increasing food and beverage sector. Tartaric acid can be used as an emulsifier, dough conditioner, acidifier, and bulking agent. To control the acidity of many products, tartaric acid is used as an acidifier. Bakers utilise tartaric acid to improve dough and lengthen the shelf life of baked goods. Tartaric acid is used as a natural preservative in jams, jellies, and beverages such as carbonated drinks and fruit juices. In cosmetics and personal care items such as soaps, skin care products, suntan creams, and hair care products, tartaric acid and its salts are used as pH adjusters. Tartaric acid is a good cleaner and has a cooling effect on the skin. Industry Major Market Players: • Caviro Group • Omkar Specialty Chemicals • ATP Group Changmao Biochemical Engineering • Distillerie Mazzari • Distillerie Bonollo • Pahi • Derivados Vinicos • Merck • Tarac Technologies • Alvinesa Alcoholera Vinicola S.A. • Tártaros Gonzalo Castelló • Vinicas
Plant capacity: 10 MT per dayPlant & machinery: 4 Cr
Working capital: -T.C.I: Cost of Project: 13 Cr
Return: 45.00%Break even: 53.00%
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Citric Acid Business Plan

Citric acid, a naturally occurring organic molecule, gives citrus fruits their sour flavour. It can also be used in a variety of industrial applications, making it an important part of a wide range of industries, from food and beverage production to personal care products and chemical manufacturing. Citric acid (C6H8O7, 2-hydroxy-1,2,3-propane tricarboxylic acid), the most flexible and widely used organic acid in the food and pharmaceutical industries (60 percent), is a naturally occurring metabolite of plants and animals (10 percent ). It has a wide range of applications in a variety of fields. Global citric acid production is currently estimated to be around 736000 tonnes per year (TPA). Imports account for nearly all of Brazil's citric acid requirements. Its usage is gradually expanding (3-4%) year after year, highlighting the need for new manufacturing choices. Citric acid is a type of salt that is used to add a sour flavour to foods. It can also be present in preservatives and food additives. Other applications include cleaning agents and personal care items such as soaps and toothpaste. Uses: It can be extracted from citrus fruits like lemons, limes, and oranges. It's used to keep food fresh and add flavour to a variety of dishes. Cosmetics and cleaning goods also include it. It's utilised as an acidity regulator or firming agent in soft drinks, jams, jellies, sweets, and a range of other foods. Citric acid can also be found in lotions and soaps for the body. Because of its antibacterial properties, it's sometimes found in hand sanitizers. Because of its universal safety, pleasant acid taste, high water solubility, and chelating and buffering characteristics, citric acid is widely utilised in the food and pharmaceutical industries. It's also used as a buffer in cosmetics and hygiene, as well as a variety of industrial settings. Citric acid has a wide range of non-edible applications, despite the fact that most people associate it with fruit. It's widely used in cleaning solutions because of its ability to remove stains from a variety of surfaces. Certain types of paint and colours can also contain it as a preservative. Some leather tanning solutions contain citric acid, which softens hides and makes them more flexible throughout the tanning process. It's also commonly used in metalworking solutions to prevent oxidation and corrosion. Citric acid is available in several grades, each with its own purity level and intended use. If you wish to start a business producing one of these classes, our project reports are a fantastic place to start. Why you should start a Business in this Industry? The chemical industry's production and distribution of citric acid is rapidly expanding. The price of citric acid has continued to rise, and businesses wishing to expand their product lines now have a wider range of possibilities. One of the main reasons you should consider starting a business in this sector is that you can simply create and distribute citric acid, which is found naturally in citrus fruits such as lemons, limes, oranges, grapefruits, and more. It's easy to make on a large scale, and it's safe to transport because it's not flammable or explosive. Citric acid is used in a wide range of products outside of food, including medicine (as an antibiotic), cosmetics (as a preservative), and even animal feed. It is also less expensive when compared to other chemicals used in these applications. Finally, beginning your own company to produce and sell citric acid provides a lot of potential for financial gain. India Citric Acid Market Outlook: The market for citric acid in India is estimated to reach 80,800 metric tonnes by 2020. The market is expected to grow at a CAGR of 5.7 percent between 2021 and 2026. It has a sour taste and is used in the food industry as a flavouring and preservation agent. Apart from that, citric acid is used for a variety of purposes, including preventing bacteria from growing and manufacturing personal care and cosmetics. It's also used to make a number of medications and health supplements that aid in the body's metabolism and nutrient absorption. India's market is mostly driven by the country's burgeoning pharmaceutical industry. Furthermore, a number of major companies across the country are exploring mergers and acquisitions (M&A) to take advantage of the market's abundant expansion opportunities. Citric acid's rising use in the food and beverage industry, as well as extensive research and development (R&D) initiatives, are two significant factors driving market growth. Global Market Outlook: Sales of citric acid totaled US$ 2,756.5 million in 2015, and are predicted to reach US$ 4,494.8 million by 2026. Sales revenue is predicted to expand at a CAGR of 4.6 percent over the forecast period (2016–2026). In terms of volume, the market is estimated to increase at a CAGR of 3.7 percent over the forecast period. Consumers choose goods that contain plant-based natural components due to a number of health issues. Citric acid demand is increasing all across the world as a result of this. Citric acid's increased use as a cleaning agent as a result of phosphate bans in some countries is expected to drive up market demand in the near future. Citric acid is used to make convenience foods and beverages because it increases acidity, acts as a preservative, contains antioxidants, and enhances flavour, all of which are expected to increase market demand in the near future. Industry Major Market Players: • Archer Daniels Midland Company • Cargill, Incorporated • Tate & Lyle PLC • Jungbunzlauer Suisse AG • Cofco Biochemical (Anhui) Co., Ltd. • Huangshi Xinghua Biochemical Co. Ltd. • RZBC Group Co. Ltd. • Weifang Ensign Industry Co., Ltd. • Gadot Biochemical Industries Ltd. • S.A. Citrique Belge N.V.
Plant capacity: 100 MT Per DayPlant & machinery: 84 Cr
Working capital: -T.C.I: Cost of Project: 135 Cr
Return: 26.00%Break even: 38.00%
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Sorbic Acid/Potassium Sorbate Production Business Plan

Sorbic acid and potassium Sorbate and its derivatives are two chemical compounds that have a variety of uses in the cosmetic and pharmaceutical industries. By limiting the growth of bacteria, mould, and yeast, these chemicals work as preservatives in a number of products, including shampoo, cosmetics, and lotions. They're used to manufacture anti-corrosive solutions while creating household or industrial items like metal polishes or wood floor cleaners. Sorbic acid (CHEBI:17495), commonly known as 2, 4-hexadienoic acid, is a saturated monocarboxylic fatty acid with two ketone groups and a conjugated double bond system. It's found in dairy products, plants, and fermentation processes. It has antimicrobial properties. Sorbic acid is made by esterifying the appropriate alcohol with succinic anhydride. Many yeasts and bacteria in nature produce it from glucose. It is also employed as an organic synthesis intermediate in addition to being a food preservative. [65-72-7] is the CAS number for sorbic acid. Its EINECS number is 208-185-5. C8H10O2 has a chemical formula of C8H10O2 and a molecular weight of 176.18 g/mol. Sorbic acid is found in berries such as sour cherries, apples, cranberries, prunes, plums, peaches, pears, apricots, and strawberries. It's found in wine vinegar (0.1–0.3 percent), beer, sauerkraut, pickles, cucumbers, and cheese. Its Purpose: Sorbic acid is mostly utilised as a food preservative. It has been approved by the FDA as a food additive for the prevention of bacteria, mould, and yeast growth. There are several advantages of using sorbic acid in your product: It improves flavour, acts as an antioxidant, increases shelf life, has no effect on colour or aroma, does not react with other ingredients, is heat stable and does not create gas at high temperatures, and is biodegradable. Potassium Sorbate: Potassium sorbate is a food additive that prevents mould growth. Furthermore, it enhances the shelf life of food by inhibiting yeast growth. It's also used to protect sugar from recrystallizing and fat from destabilising in ice cream and other frozen treats. It works best in acidic solutions when mould or bacteria are present, while it has minimal antibacterial activity in non-acidic solutions or at low pH values. Food preservative potassium sorbate, often known as E202, is widely used. This antifungal component can be found in a variety of over-the-counter drugs, including creams, gels, and suppositories. Because of its importance in avoiding food degradation and combating yeast infections in people, the US Food and Drug Administration has classified it as GRAS (FDA). When consumed in suitable levels, potassium sorbate, as a natural preservative, has no discernible harmful effects. Potassium sorbate is used to control mould in foods like cheese, fruit, processed meats, and baked goods. Potassium sorbate is used in swimming pools to prevent algae growth. The market for potassium sorbate has recently developed due to rising demand from developing economies such as China, India, and Brazil. In these countries, hazardous chemicals like chlorine are being phased out in favour of non-toxic substitutes like potassium sorbate. Potassium sorbate can be made through fermentation or chemical synthesis. Fermentation creates a more natural product that is better for human consumption than synthetic items, but it is more expensive to make due to the longer time it requires. Synthetic products are less expensive, but they are less healthy because they contain other chemicals that are potentially hazardous to your health. Demand for naturally produced potassium sorbate will climb as people become more aware of these issues, while demand for synthetically made potassium sorbate will diminish. Market Outlook: Sorbic Acid Market: The global Sorbic acid market will increase at a CAGR of 4.7 percent between 2020 and 2030, from $347,661.0 thousand in 2019. Largely to blame is the presence of well-established food and beverage and pharmaceutical firms in Western economies, as well as increased per capita food and beverage consumption in emerging economies like India, China, and Brazil. The government's support for the business is creating a profitable growth potential for market participants because sorbic acid is used as a preservative to preserve food from being tainted or rotting. The powdered category accounted for the larger market size in the Sorbic acid industry in 2021, based on form. Manufacturers choose to create Sorbic acid in powdered form because the powdered component has a simpler manufacturing technique than the encapsulated form. Because powdered Sorbic acid may be added to any processed product or beverage, it is widely used in the food and beverage industry. Potassium Sorbate Market: Potassium sorbate had a market value of $154.7 million in 2019 and is predicted to grow at a CAGR of 4.89 percent from 2020 to 2025. Sorbate of potassium Its broad use as a preservative in food goods, as well as the fact that it is widely available and inexpensive, has fueled market expansion. Potassium sorbate is a chemical additive that can be found in a variety of foods, beverages, and personal care items. It's a salt created artificially from Sorbic corrosive and potassium hydroxide that has no flavour or odour. Potassium sorbate enhances the shelf life of food by suppressing the formation of mould, yeast, and fungi. Potassium sorbate was once assumed to be innocuous, making it necessary for human consumption, but long-term use can cause a range of health issues. Due to product developments and the impact of e-commerce channels, social media, and other factors, the Potassium Sorbate Market is predicted to increase during the forecast period 2020-2025. The growth of the potassium sorbate market is likely to be propelled by factors such as increased demand for processed foods with longer shelf life and rising demand for processed food products with longer shelf lives. The significant use of potassium sorbates in the food business, which has no effect on the flavour, colour, or smell of food while protecting it from decomposition, as well as its easy availability and cost-effectiveness, are driving the segment's growth between 2020 and 2025. Industry Major Market Players: • Advanced Inorganics • Anmol Chemicals Group • APAC Chemical Corporation • Celanese Corporation • Daicel Corporation • FBC Industries • Hawkins Watts Limited • Jinneng Science and Technology Company Ltd. • Lubon Industry Co. Ltd. • Nantong Acetic Acid Chemical Co. Ltd. • Nantong Alchemy Biotech • RuGao ChangJiang Food Co. Ltd. • Shandong Hongda Biotechnology Co. Ltd. • Shandong Kunda • Sorbic International • Tengzhou Aolong Fine Chemical • Wanglong Tech Co. Ltd.
Plant capacity: Sorbic Acid Powder: 200 MT per annum | Potassium Sorbate Powder: 300 MT per annumPlant & machinery: 4 Cr
Working capital: -T.C.I: Cost of Project: 20 Cr
Return: 25.00%Break even: 46.00%
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Start a Malic Acid (Powder) Manufacturing Business. Profitable Business to start

An Introduction to Malic Acid Powder: Malic acid Powder is a white, crystalline solid that is soluble in water and ethanol. It has a slightly tart taste. As a food additive, it is used to impart an acidic or sour taste to foods and soft drinks. When heated with sugars and proteins, it reacts to produce brown colours in baked goods. In biochemistry, it acts as an intermediate in several metabolic pathways. The salts and esters of malic acid are known as malates. The carboxylate anion (COO-) of malic acid was once named oxomalonate but is now called malonate. The conjugate base derived from malic acid was formerly called oxomalonate but is now simply called malate. Visit this Page for More Information: Start a Business in Chemical Industry Projects Uses and Applications of Malic Acid Powder: Malic acid powder is widely used in foods and drinks, such as carbonated beverages, fruit juices, jams and jellies, soft drinks, cheese products etc. Malic acid is a natural chemical compound which has important function for human health. Malic acid can inhibit growth of E. coli O157:H7 and Salmonella. It also inhibits mold formation on fruits and vegetables by preventing them from over-ripening. It helps to prevent sprouting of seeds and nuts, prolonging their shelf life. Business Plan: Start Malic Acid (Powder) Production Business In addition, malic acid plays an important role in prevention of tooth decay due to its anti-bacterial properties that help control plaque formation on teeth. The effectiveness of malic acid is proven in clinical studies. For example, one study found that tartar (hardened dental plaque) was reduced significantly after chewing gum containing 0.3% malic acid for only 30 minutes per day during three months period. Another study showed that tartar reduction was effective even when participants chewed gum only once per day during 3 months period. Related Feasibility Study Reports: Chemicals (Organic, Inorganic, Industrial) Projects Malic Acid Powder Manufacturing Process: Malic acid is generated by crushing apples or other fruits and mixing them with water throughout the manufacturing process. The fruit's sugar content is then fermented to make alcohol. After that, bacteria are added to convert the alcohol to acetic acid (also known as vinegar). Finally, baking soda (sodium bicarbonate) is added to neutralise the acetic acid, resulting in only malic acid remaining. The malic acid is next purified and dried to produce a pure powder. Although the production of malic acid powder necessitates a lot of energy, it remains one of the most widely used food additives on the planet due to its numerous applications. It's also in toothpaste and moisturisers, as well as other cosmetics. Reasons why you should start Malic Acid Powder Business: As novel applications are discovered, malic acid is becoming increasingly popular. More businesses will be pushed to build their own in-house supply as it becomes more widely used, pushing increasing demand. The price is rising: As demand rises and supply falls short, there will be less malic acid on the market; supply and demand dictate that as supply declines, price rises, and only when prices rise do we see increasing interest in producing more. Read Similar Articles: Chemical Industry There is no substitute: malic acid has no actual substitute, making it even more valuable to producers. It's easy to put together: You don't need any special equipment or chemistry knowledge to create your own malic acid; all you have to do is follow a formula! It pays well: With such high demand, starting your own business may be lucrative. This is especially true if you already run a company that uses malic acid as a component. You should consider starting one if you don't already have one! Market Demand: As you may know, malic acid powder is created by decomposing fruit or plant waste in an acidic medium at a low temperature. The main sources of production are apples and pears, which are produced in large amounts every year. Global production is predicted to reach ten million tonnes by 2025, with a ten percent yearly growth rate. There is plenty of room for expansion. In fact, only about 500 facilities around the world produce more than 1 tonne each year, the bulk of which have been in operation for more than 20 years. This means there is plenty of room for new participants into what might be a lucrative business. Read our Books Here: Chemical Technology (Organic, Inorganic, and Industrial), Fine Chemicals Malic acid is commonly used in baking and confectionery because of its antimicrobial properties and pH-controlling abilities. It's also utilised as a preservative to enhance the shelf life and storage stability of a number of convenience and packaged goods. Furthermore, as the working population has grown, people have become more reliant on convenience and ready-to-eat foods, which has supported the market's growth. Watch other Informative Videos: Chemicals (Organic, Inorganic, and Industrial) The global malic acid market is expanding as consumers become more aware of the detrimental effects of synthetic chemical additives, such as skin allergies and asthma. Rising demand for functional beverages and nutritional bars, which has come from consumers' shifting tastes toward healthier food products, has benefited the market's rise. Furthermore, the rising food processing industry has benefitted the malic acid business. 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 • Startup Consulting Services • 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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  • One Crore is equivalent to ten million (10,000,000)
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