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Best Business Opportunities in Punjab- Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Food and Agro Processing: Project Opportunities in Punjab

PROFILE:

Food processing involves any type of value addition to agricultural or horticultural produce and also includes processes such as grading, sorting and packaging which enhance shelf life of food products. The food processing industry provides vital linkages and synergies between industry and agriculture. The Food Processing Industry sector in India is one of the largest in terms of production, consumption, export and growth prospects. The government has accorded it a high priority, with a number of fiscal reliefs and incentives, to encourage commercialization and value addition to agricultural produce, for minimizing pre/post harvest wastage, generating employment and export growth. India's food processing sector covers a wide range of products 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:

Punjab is a land of boundless opportunity for agro based industry. Punjab State with only 1.5 per cent geographical area of country produces 22 per cent of wheat; 12 per cent of rice and 12 per cent of cotton in the country. Priority is also being given to sugarcane, oil seeds, horticulture and forestry. The cropping intensity of the State is more than 186% and has earned it a name of food basket and granary of India. Despite rising commodity prices and the financial meltdown, the food processing industry in Punjab is bullish on growth and has lined up new launches. Fruits and vegetables which is grown in Punjab are orange, mango, grape, pear, peach, litchi, lemon, tomato, potato, cabbage, cauliflower, brinjal, and many more. National Productivity Council of India after a survey found that in Punjab availability of crop residue is of the order of 31.5 million tons. The major crop residues are rice straw, wheat straw and cotton stalk. In addition to that industrial residue/by product such as rice husk and bagasse is also available. Approximately 2 million tons of these two products are generated every year.

GOVERNMENT POLICIES:

The Ministry of Food Processing Industries (MOFPI) is a ministry of the Government of India is responsible for formulation and administration of the rules and regulations and laws relating to food processing in India. The ministry was set up in the year 1988, with a view to develop a strong and vibrant food processing industry, to create increased employment in rural sector and enable farmers to reap the benefits of modern technology and to create a of surplus for exports and stimulating demand for processed food.

•        Custom duty rates have been substantially reduced on food processing plant and equipments, as well as on raw materials and intermediates, especially for export production.

•        Wide-ranging fiscal policy changes have been introduced progressively in food processing sector. Excise and Import duty rates have been reduced substantially. Many processed food items are totally exempt from excise duty.

•        Corporate taxes have been reduced and there is a shift towards market related interest rates. There are tax incentives for new manufacturing units for certain years, except for industries like beer, wine, aerated water using flavouring concentrates, confectionery, chocolates etc.

•        Indian currency, rupee, is now fully convertible on current account and convertibility on capital account with unified exchange rate mechanism is foreseen in coming years.

•        Repatriation of profits is freely permitted in many industries except for some, where there is an additional requirement of balancing the dividend payments through export earnings.

 

Automotives: Project Opportunities in Punjab

 

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 sixth largest in the world, with an annual production of more than 3.7 million units in 2010. As of 2010, India is home to 40 million passenger vehicles. More than 3.7 million automotive vehicles were produced in India in 2010 (an increase of 33.9%), making the country the second fastest growing automobile market in the world.

RESOURCES:

The auto-components industry of India is likely to grow rapidly, given its global competitiveness, and this has strong implications for employment and income generation in Punjab. Punjab has an automotive component industry which caters largely to the lower value replacement market. This is partly the result of no significant automotive producer having set up manufacturing base in the state since the economic reforms were launched in India in 1991. The state government must adopt an imaginative plan to attract modern automotive components manufacturers to set up capacity in the state, while at the same time seeking large scale investments in the automotive sector.

GOVERNMENT POLICIES:

·          The auto-components industry of India is likely to grow rapidly, given its global competitiveness, and this has strong implications for employment and income generation in Punjab. Punjab has an automotive component industry which caters largely to the lower value replacement market. This is partly the result of no significant automotive producer having set up manufacturing base in the state since the economic reforms were launched in India in 1991. The state government must adopt an imaginative plan to attract modern automotive components manufacturers to set up capacity in the state, while at the same time seeking large scale investments in the automotive sector.

 

Dairy: Project Opportunities in Punjab

PROFILE:

India is the world's highest milk producer and all set to become the world's largest food factory. Milk production alone involves more than 70 million producers, each raising one or two cows/ buffaloes primarily for milk production. The domesticated water buffalo is one of the gentlest of all farm animals; hence it can be breeded easily. The dairy sector offers a good opportunity to entrepreneurs in India.

RESOURCES:

The primary source of milk and other dairy products in Punjab is the buffalo. The state ranks at the top in the country in the availability of milk after Haryana and Gujarat. Punjab plans 100 dairies to promote dairy farming. In an effort to promote dairy farming in the state, the Government of Punjab is planning to open 100 commercial dairies to increase milk production, thus paving the way for White Revolution.

GOVERNMENT POLICIES:

•        Liberalisation of the economy – dairy sector open for investment by private and foreign players

•        Abolition of the Quantitative

•        Restrictions on import of dairy products

•        Per capita consumption of milk products below international average – scope of increasing consumption

•        Amendment of the Milk and Milk Products Order (MMPO) – no restrictions on capacity installation and expansion

•        Amendment in Cold Storage Act (No licenses needed for establishing refrigerated and cold chain units for dairy products)

 

Biotechnology: Project Opportunities in Punjab

 

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. As per the eight annual survey by the Association of Biotechnology-led enterprise (ABLE) and a monthly journal, Bio-Spectrum, the sector grew threefold in five years and reported a revenue of US$ 3 billion during 2009-2011 with a 17 per cent rise as compared to the previous year.

RESOURCES

Punjab's strong agricultural base presents an opportunity for leveraging it to develop the biotechnology industry in the state. The Government of Punjab has taken significant initiatives to promote biotechnology related R&D in the state.

 Two centres which form the nucleus of the biotech research in the region are the Institute for Microbial Technology (IMTECH) in Chandigarh which takes up research in microbial bio-processing and the Central same. In addition, it is also supporting the Scientific and Industrial organization (CSIO) which has been developing a number of biotech based diagnostic kits.

 The state is developing a biotechnology park in the suburbs of Chandigarh to nurture commercially viable leads through companies. Its facilities will include a biotech incubator for research and development, pilot testing and other validation facilities. The park aims to attract Small and Medium Enterprises (SMEs) to the cluster and contribute to overall R&D in the sector. The Punjab State Council for Science and Technology will act as the single window agency for setting up business in the biotech park.

 

GOVERNMENT POLICIES:

The State Govt. notified its IT-BT Policy in 2003 as part of the Industrial Policy under which special incentives are being given to promote the growth of biotech industry such as:

•        Minimum floor rates of Sales Tax.

•        No restriction on movement of capital equipment. 

•        No octroi on biotech items. 

•        Availability of power at industrial (and not commercial) power tariff.

•        Exemption from Electricity Duty.

•        Uninterrupted power supply.

 

Pharmaceuticals: Project Opportunities in Punjab

PROFILES:

The Pharmaceutical industry in India is the world's third-largest in terms of volume and stands 14th in terms of value. The Indian pharmaceuticals market is expected to reach US$ 55 billion in 2020 from US$ 12.6 billion in 2009. The pharmaceutical industry in India meets around 70% of the country's demand for bulk drugs, drug intermediates, pharmaceutical formulations, chemicals, tablets, capsules, orals and injectibles. There are about 250 large units and about 8000 Small Scale Units, which form the core of the pharmaceutical industry in India (including 5 Central Public Sector Units). These units produce the complete range of pharmaceutical formulations, i.e., medicines ready for consumption by patients and about 350 bulk drugs, i.e., chemicals having therapeutic value and used for production of pharmaceutical formulations.

 

RESOURCES:

Punjab has one of the largest Indian pharmaceutical companies domiciled in the state and has several other companies engaged in the business. There are several colleges for training skilled manpower required for the pharmaceutical industry. The state government must focus on enlarging the pharmaceutical and personal hygiene industrial product space in Punjab.

 

GOVERNMENT POLICIES:

•        Industrial licensing for the manufacture of all drugs and pharmaceuticals has been abolished except for bulk drugs produced by the use of recombinant DNA technology, bulk drugs requiring in-vivo use of nucleic acids, and specific cell/tissue targeted formulations.

•        Reservation of 5 drugs for manufacture by the public sector only was abolished in Feb. 1999, thus opening them up for manufacture by the private sector also.

•        Foreign investment through automatic route was raised from 51% to 74% in March, 2000 and the same has been raised to 100%.

•        Automatic approval for Foreign Technology Agreements is being given in the case of all bulk drugs, their intermediates and formulations except those produced by the use of recombinant DNA technology, for which the procedure prescribed by the Government would be followed.

•        Drugs and pharmaceuticals manufacturing units in the public sector are being allowed to face competition including competition from imports. Wherever possible, these units are being privatized.

•        Extending the facility of weighted deductions of 150% of the expenditure on in-house research and development to cover as eligible expenditure, the expenditure on filing patents, obtaining regulatory approvals and clinical trials besides R&D in biotechnology.

•        Introduction of the Patents (Second Amendment) bill in the Parliament. It, inter-alia, provides for the extension in the life of a patent to 20 years.

 

Textiles: Project Opportunities in Punjab

PROFILES:

India Textile Industry is one of the leading textile industries in the world. India textile industry largely depends upon the textile manufacturing and export. It also plays a major role in the economy of the country. India earns about 27% of its total foreign exchange through textile exports. Further, the textile industry of India also contributes nearly 14% of the total industrial production of the country. It also contributes around 3% to the GDP of the country. India textile industry is also the largest in the country in terms of employment generation. It not only generates jobs in its own industry, but also opens up scopes for the other ancillary sectors. India textile industry currently generates employment to more than 35 million people.

RESOURCES:

Punjab is a major grower of cotton and has a long established industry of cotton spinning and weaving. The Textile Industry is also one of the largest provider of employment and accounts of almost 60% of industrial employment in the State of Punjab. It has been noted that even with high level of mechanisation, the chances of machine replacing human are minimum in the sector due to essential skill requirement. The textiles industry of Punjab already has wool and acrylic fibre base.  To sustain the thrust on textiles, some balance with manmade and blended fibre products will have to be maintained to cater to an expanding market for manmade and blended textiles. It provides employment opportunity to semi literates and lower section of the society where the incident of unemployment is most glaring. Most importantly the Textile Sector is one of the biggest employment providing sectors to women. Hence any boost to Textile Industry will definitely provide and offer opportunity of large number of employment to the youths in the State of Punjab.

GOVERNMENT POLICIES:

The Ministry of Textiles in India has formulated numerous policies and schemes for the development of the textile industry in India. The government of India has been following a policy of promoting and encouraging the handloom sector through a number of programmes. Most of the schematic interventions of the government of India in the ninth and tenth plan period have been through the state agencies and co-operative societies in the handloom industries. Some of the major acts relating to textile industry include: Central Silk Board Act, 1948, The Textiles Committee Act, 1963, The Handlooms Act, 1985, Cotton Control Order, 1986, The Textile Undertakings Act, 1995 Government of India is earnestly trying to provide all the relevant facilities for the textile industry to utilize its full potential and achieve the target. The textile industry is presently experiencing an average annual growth rate of 9-10% and is expected to grow at a rate of 16% in value, which will eventually reach the target of US $ 115 billion by 2012. The clothing and apparel sector are expected to grow at a rate of 21 %t in value terms.

Tourism: Project Opportunities in Punjab

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. The tourism industry in India is substantial and vibrant, and the country is fast becoming a major global destination. India’s travel and tourism industry is one of them most profitable industries in the country, and also credited with contributing a substantial amount of foreign exchange. Indian Tourism offers a potpourri of different cultures, traditions, festivals, and places of interest.

RESOURCES:

Punjab, the land of five rivers and yellow fields, is a favourite tourist destination. It has an integrated cultural history consisting of ancient monuments, religious places, museums and royal palaces like Quila Mubarak. It also has wild life sanctuaries with a rare site of migratory birds. The major places of tourist interest are:- Golden Temple, Durgiana Mandir, Jallianwala bagh in Amritsar; Takhat Sri Kesgarh Sahib and Khalsa Heritage Complex at Anandpur Sahib; Bhakra Dam, Qila Androon and Moti Bagh Palace at Patiala; Wetland at Harike Pattan Sanghol for archaeological importance and Sodal Temple at Jalandhar commemorative Maharishi Balmiki Heritage, etc.

        Tourism in the State is a source of substantial revenues; employment generation; up gradation of human skills; creation of infrastructure, thus helping in the development of all other sectors of an economy. Since tourism is a composite sector, its growth requires participation of private investors at different levels. For this purpose, the State Government has also announced a tourism policy with the aim of developing tourism as a major industry of Punjab, by providing leadership and strategic direction.

GOVERNMENT POLICIES:

In order to develop tourism in India in a systematic manner, position it as a major engine of economic growth and to harness its direct and multiplier effects for employment and poverty eradication in an environmentally sustainable manner, the National Tourism Policy was formulated in the year 2002. Broadly, the Policy attempts to:-

•        Position tourism as a major engine of economic growth;

•        Harness the direct and multiplier effects of tourism for employment generation, economic development and providing impetus to rural tourism;

•        Focus on domestic tourism as a major driver of tourism growth.

•        Position India as a global brand to take advantage of the burgeoning global travel trade and the vast untapped potential of India as a destination;

•        Acknowledges the critical role of private sector with government working as a pro-active facilitator and catalyst;

•        Create and develop integrated tourism circuits based on India’s unique civilization, heritage, and culture in partnership with States, private sector and other agencies; and ensure that the tourist to India gets physically invigorated, mentally rejuvenated, culturally enriched, spiritually elevated and feel India from within.

 

Waste management and recycling: Project Opportunities in Punjab

PROFILE:

Rapid industrialization last few decades have led to the depletion of pollution of precious natural resources in India depletes and pollutes resources continuously. Further the rapid industrial developments have, also, led to the generation of huge quantities of hazardous wastes, which have further aggravated the environmental problems in the country by depleting and polluting natural resources. Therefore, rational and sustainable utilization of natural resources and its protection from toxic releases is vital for sustainable socio-economic development.

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:

In Punjab, growth of population, industrialization and urbanization has resulted in generation of large volumes of solid waste. The total amount of collected solid waste from the districts includes 1108012.25 MT of municipal waste and 6695.57 MT of bio-medical waste (PPCB as cited in Statistical Abstract of Punjab, 2007). The factors contributing to the generation of solid waste are:

•      The state has registered 45% increase in its population during the last decades.

•      The state is the 7th most urbanized state in the country with urban population increasing to 33.95% against a national average of 27.8%.

•      The state has two (Ludhiana & Amritsar) cities with more than 1 million population.

•        The state supports a large number of floating populations from other states like Bihar, Uttar Pradesh, Rajasthan and Andhra Pradesh.

•      Most of the solid waste is presently disposed of on land and remains uncovered resulting in environmental pollution of surrounding area.

•        The change in life style towards consumes and discard culture is responsible for adding to municipal solid waste and changing waste composition. It also adds pressure on the existing municipal solid waste handling infrastructure, as well as, disposal sites.

 

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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Gypsum Plaster Board

Gypsum Plaster Boards are constructional sheets composed of consigned Gypsum with about 15% fibre. Its outstanding contributes are fire resistance, dimensional stability, easy workability and low cost fibres are added to provide crack resistance and for fire resistance water repellent chemicals may be added to the board core. Gypsum plaster boards are selected for use according to their type, size, thickeners and edge profit. The Boards may be used for example to provided dry lining finishes to masonry walls, to ceilings, to steel or timber framed partitions, or as claddings to structural steel columns and beams, or in the manufacture of pre-fabricated partition panels. Gypsum board, also known as “drywall” or “plaster board,” consists of a core of gypsum surrounded with a paper covering. Several varieties of gypsum board products are available; each is comprised of a specially formulated gypsum plaster mix and facing paper specifically developed for the intended application. Gypsum Plaster Boards are constructional sheets composed of consigned Gypsum with about 15% fibre. Its outstanding contributes are fire resistance, dimensional stability, easy workability and low cost fibres are added to provide crack resistance and for fire resistance water repellent chemicals may be added to the board core. Gypsum Plaster Board (GPB) popularly known as gypboard is a low cost, lightweight construction material made from aerated gypsum plaster and produced in varying thicknesses suitable for different applications. The Indian market for Gypsum Plaster Board is expected to reach about 333.64 million m2 by 2021 from 221.75 million m2 in 2016, registering a Compounded Annual Growth Rate (CAGR) of 8.51% during the analysis period, 2016-2021BPB, UK took over the company and has acquired an 80% stock. The balance 20% of the capital is with the public. Few Indian major players are as under: • B P B India Gypsym Ltd. • Fact-R C F Building Products Ltd. • I D L Buildware Ltd. • I D L Salzbau (India) Ltd. • Saint-Gobain Gyproc India Ltd. • U S G Boral Building Products (India) Pvt. Ltd.
Plant capacity: Gypsum Plaster Board (Wall and Top Ceiling): 40000 Sq.mt. per dayPlant & machinery: 944 Lakh
Working capital: -T.C.I: Cost of Project: 1835 Lakh
Return: 27.00%Break even: 54.00%
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Chlorinated Paraffin Wax (CPW)

The Chlorinated Paraffins (CP) sector is major consumer of chlorine and about 12% of chlorine produced in the country is consumed by this unit. Chlorinated paraffins belong to a group of Chlorinated Hydrocarbons of straight chain lengths [CnH (2n +2)], where Carbon can be from C10 onwards. Generally, the paraffins used in manufacture of chlorinated paraffins are of C10 to C24 which corresponds to Normal and Heavy Normal Paraffins and Waxes. Chlorinated paraffin formulations are used in a wide range of industrial applications including flame retardants and plasticisers. The product functions as an additive in metal working fluids, sealants, paints and coatings. Chlorinated Paraffins Wax are straight-chain hydrocarbons that have been chlorinated. Chlorinated paraffins Wax are classified according to their carbon-chain length and percentage of chlorination, with carbon-chain lengths generally ranging from C10 to C30 and chlorination from approximately 35% to greater than 70% by weight. The global chlorinated paraffin wax market has been segmented based on application and region. Based on application, the global chlorinated paraffin wax market has been divided into lubricating additives, plastic additives, rubber, paints, metal working fluids, and others (including adhesive & sealants and fabrics). Chlorinated Paraffin Market size was estimated over USD 1.6 billion in 2016 and the industry will grow by a CAGR more than 3% up to 2024. Chlorinated paraffin wax possesses complex chemical structures that allow several positions for chlorine bond formation. Based on degree of chlorination, chlorinated paraffin wax can be divided into two classes: low chlorine content paraffin wax (less than 50% chlorination) and high chlorine content paraffin wax (more than 50% chlorination). Few Indian major players are as under: • Aditya Birla Chemicals (India) Ltd. • Ambattur Petrochem Ltd. • Faith Industries Ltd. • K L J Organic Ltd. • Synthel Paraffins (India) Ltd.
Plant capacity: Chlorinated Paraffin Wax (CPW): 40 MT per day Hydrochloric Acid (by product): 50 MT per dayPlant & machinery: 608 Lakh
Working capital: -T.C.I: Cost of Project: 1150 Lakh
Return: 25.00%Break even: 47.00%
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HDPE Pipes

HDPE pipes and fittings have a high degree of corrosion resistance, are light in weight. Yet tough and durable, have excellent, hydraulic properties, excellent thermal properties, weather ability. High density polyethylene (HDPE) is being used as drainage pipe material because it is lightweight, corrosion resistant, easy to install, and has a low maintenance cost. The design of HDPE corrugated drainage pipe is based on the assumption that the pipe will deform and thus relieve stress. Consequently, ductility is an essential parameter to accommodate allowable deflection during the pipe’s service life. These HDPE pipes and fittings have a high degree of corrosion resistance, are light in weight. Yet tough and durable, have excellent, hydraulic properties, excellent thermal properties, weather ability. HDPE pipe has been used for decades in non-potable water applications. In particular, HDPE pipes are often preferred for their welded joints. While special equipment is required to form the weld, welding eliminates the need for separate fittings, a common source of leaks and contaminant infiltration. The India PVC Pipes Market size was valued at $3,159 million in 2016 and is anticipated to expand at a CAGR of 10.2% to reach $6,224 million by 2023. Polyvinyl chloride (PVC) is the third largest selling plastic commodity after polyethylene & polypropylene. Indian plastic pipe market looks attractive with opportunities in the potable water supply, wastewater supply, agriculture, and chemical sector. The Indian plastic pipe market is forecast to grow at a CAGR of 10.4% from 2016 to 2021. HDPE pipe, as well as film and blow moulding grades of desired specifications are produced at stand-alone units, while HDPE/linear low density PE (LLDPE) swing units produce other HDPE variety, according to producers. Few Indian major players are as under: • Ajay Industrial Corpn. Ltd. • Alom Poly Extrusions Ltd. • Anant Extrusions Ltd. • Anantha Pvc Pipes Pvt. Ltd. • Apollo Pipes Ltd. • Ashirvad Pipes Pvt. Ltd.
Plant capacity: 9600 Kgs per dayPlant & machinery: 143 Lakh
Working capital: -T.C.I: Cost of Project: 434 Lakh
Return: 29.00%Break even: 62.00%
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Caustic Soda from Limestone and Sodium Carbonate (Soda Ash)

Sodium hydroxide, also known as lye and caustic soda, is an inorganic compound with the formula NaOH. It is a white solid ionic compound consisting of sodium cations Na+ and hydroxide anions OH?Sodiumhydroxide is highly caustic base and alkali that decomposes proteins at ordinary ambient temperatures and may cause severe chemical burns. Sodium hydroxide in solid form, also called caustic soda, is an inorganic chemical compound belonging to the strongest alkali. In solid form, it is a white substance with crystalline appearance (flakes). Sodium hydroxide is used in many industries in the manufacture of pulp and paper, textiles, drinking water, soaps and detergents, and as a drain cleaner. Caustic soda Market, also known as sodium hydroxide, has the chemical formula of NaOH. Caustic soda is the co-product of chlorine production. It is a major building block in many industrial processes. The global caustic soda market is expected to register a remarkable CAGR of 5.92% during the forecast period, 2019–2027. The prime factor supporting the growth of the global caustic soda market is the growth of the alumina industry due to the increasing use of aluminium in the automotive industry as the manufacturers are increasingly using aluminium to reduce the overall weight of the vehicles to curb emissions. The global caustic soda market has been segmented by type, application, and region. By type, the lye segment accounted for the largest share of 67% by value in 2018. The segment is expected to register a CAGR of over 4.5% during the forecast period, owing to its widely used application as a chemical.
Plant capacity: Caustic Soda from Limestone and Sodium Carbonate: 60 MT per dayPlant & machinery: 171 Lakh
Working capital: N/AT.C.I: Cost of Project: 827 Lakh
Return: 29.00%Break even: 67.00%
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HDPE Jumbo Bags (Flexible Intermediate Bulk Containers)

Jumbo bags are big bags used for packing bulk materials of different types. these big bags in different specifications and grades based on the requirements of our customers and packaging needs. The jumbo fabrics are made from polypropylene materials that are high durable and flexible for supporting a wide range of packaging applications. The jumbo fabrics can withstand huge capacities ranging from 250 kgs to 2000 kgs. The bags facilitate both manual filling and hopper feeding at filling as well as discharge points; the ability of UV stabilization makes these Jumbo fabrics more highly appreciable. Jumbo bags are big bags used for packing bulk materials of different types. These big bags are manufactured in different specifications and grades based on the requirements of our customers and packaging needs. The jumbo fabrics are made from polypropylene materials that are high durable and flexible for supporting a wide range of packaging applications. The markets really took off at the turn of the new millennium spurred by an export led and domestic growth in the agro produce & food; bulk drugs & generics; chemicals & pesticides and Petroleum & lubricants. The market grew at around 28% for the first 6-7 years and then settled down to a 15-20 % band largely bucking the worldwide slowdown. The INR 140 bn. flexible bulk packaging industry that includes woven sacks, leno bags, wrapping fabric, and Flexible Intermediate Bulk Container (FIBC) is growing at over 20% with FIBC containers expected to grow three fold in the next 5 years riding an increased industrial production and a shift toward higher-value containers offering enhanced performance and supply chain efficiency. Few Indian major players are as under: • Abdos Polymers Ltd. • Agarwal Polysacks Pvt. Ltd. • Anya Polytech & Fertilizers Pvt. Ltd. • Ashoka Poly Laminators Ltd. • Bardanwala Plastics Pvt. Ltd. • Bihar Raffia Inds. Ltd. • Commercial Syn Bags Ltd.
Plant capacity: 12000 Nos. per dayPlant & machinery: 155 Lakh
Working capital: -T.C.I: Cost of Project: 635 Lakh
Return: 31.00%Break even: 49.00%
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Steel Shots & Grits

Steel shots and steel grits are used in both static & site blasting equipment, materials and abrasives used for surface preparation can be hazardous if used carelessly. Many natural regulations exits for those materials and abrasive that are considered to be hazardous during or after use (waste management), such as free silica or carcinogenic or toxic substances. Steel Grits is fabricated by crushing hardened shot, screening the resulting media and tempering it to a desired hardness. It is used in conting and rust removal where speed of cleaning is serious & rough finish is acceptable. Steel grit’s superior hardness and precise microstructure provides maximum durability and impact energy transfer. Highly demanding, aggressive applications are ideal for steel grit. Steel abrasives are particles of steel with high carbon content that are utilized as abrasive and peening media. Steel abrasives are available in two types based on their shape; shots and grits. Steel shots are spherical grains of molten steel produced through a granulation (atomization) process in requisite sizes or hardness. The steel abrasives market is expected to grow at a good rate in the coming years. Rapid industrialization and expansion of automotive production are the key trends stoking market growth. To decrease environmental issues, leading manufacturers in the automobile sector are manufacturing low-weight products, which emit low carbon dioxide, which are economical and yet provide superior performance. The Indian Steel Abrasives industry is catered to by a few large players and numerous smaller players that specialise in select products where imports from China cater to the lower end of the market. Due to the soft market conditions in many advanced economies, India is becoming a focus market for major global players resulting in intense competition. Few Indian major players are as under: • 3M India Ltd. • Grindwell Norton Ltd. • Hi-Tech Recycling (India) Pvt. Ltd. • Orient Steel & Inds. Ltd. • Rotocast Industries Ltd. • Silcal Metallurgic Ltd. • Vinayak Steels Ltd.
Plant capacity: 100 MT per dayPlant & machinery: 1643 Lakh
Working capital: -T.C.I: Cost of Project: 3780 Lakh
Return: 29.00%Break even: 67.00%
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Biodegradable Plastic Bags from Corn Starch

Corn starch has 25% amylose and 75% amylopectin. The amylose molecules loose lose water increase biodegradation characteristic and amylopectin molecule is responsible for plasticizer properties. Their granule size ranges between 5 to 20 microns. i.e. good absorption capacity, rapid gel formation & good strength. Now, the synthesis of PLA polymers can be performed by direct poly-condensation of lactic acid as well as by ring-opening polymerization of lactide (LA), a cyclic dimer of lactic acid. While the former method needs severe conditions to obtain a high-molecular-weight polymer (high temperature of 180–200°C, low pressure as low as 5 mmHg and long reaction times), the latter method can afford a high-molecular-weight PLA with narrow molecular weight distribution at relatively mild reaction conditions (low temperature of 130°C and short reaction times). Biopolymers in general and bioplastics in particular, present one such sustainable alternative. Products and solutions based on bioplastics/biopolymers present exciting opportunities globally, and in India. Opportunities are present across a variety of industrial sectors that include packaging, water, beverages, insulation materials, specialty materials and more. PLA is in principle compostable, meaning that it will break down under certain conditions into harmless natural compounds. That could take pressure off the nation’s mounting landfills, since plastics already take up 25 percent of dumps by volume. And corn-based plastics are starting to look cheap, now that oil prices are so high. Biodegradable plastics demand is predicted to increase in emerging BRICS economies over the foreseeable future owing to increasing food & beverage and electronic packaging industries in these countries. Changing lifestyle pattern coupled with increasing packaged food products demand is expected to drive food beverages industry.
Plant capacity: Biodegradable Plastic Bags (Per Bag 25 gms Size): 12 MT per dayPlant & machinery: 1053 Lakh
Working capital: -T.C.I: Cost of Project : 1498 Lakh
Return: 28.00%Break even: 49.00%
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Extraction of Essential Oil from Black Pepper

An essential oil is a concentrated hydrophobic liquid containing volatile aroma compounds from the plant. They are also known as aromatic oils, fragrant oils, steam volatile oils, ethereal oils, or simply as the "oil of" the plant material from which they were extracted, such as oil of black pepper. Essential oil is used in perfumery, aromatherapy, cosmetics, incense, medicine, household cleaning products and for flavoring food and drink. They are valuable commodities in the fragrance and food industries. Essential oils are usually colorless, particularly when fresh. Nevertheless, with age essential oil may oxidize which resulting the color becomes darker. Therefore, essential oil needs to be stored in a cool, dry place tightly stoppered and preferably full in amber glass containers. The Indian spices market is pegged at Rs. 40, 000 crore annually, of which the branded segment makes up 15 per cent. The population in India is surging and the increasing consumer expenditure on food explains the swelling demand for food in India. Accordingly, the demand for spices is expected to grow in the future which will lead to a prominent growth in the revenues from the sales of spices in India. The revenues from India market are expected to expand to around USD 18 billion in FY’2020, growing with a CAGR from FY’2016 to FY’2020. The global black pepper market is expected to grow at a CAGR of around 5% during 2019-2024. Black pepper, also known as ground black peppercorn, is a highly consumed commodity that is used as an ingredient in the culinary world. It is a pungent, hot-tasting powder spice that is produced from unripe drupes of the pepper plant. Few Indian major players are as under: • A V I Industries Ltd. • Concert Spices & Exports Ltd. • Kancor Ingredients Ltd. • Plant Lipids Pvt. Ltd.
Plant capacity: Essential Oil from Black Pepper: 100 Kgs per day Black Pepper Spent: 3892.8 Kgs per dayPlant & machinery: 274 Lakh
Working capital: -T.C.I: Cost of Project: 513 Lakh
Return: 27.00%Break even: 54.00%
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Zinc Sulphate Monohydrate (Agriculture & Food Grade)

Zinc Sulfate Monohydrate can be used as a dietary supplement and as a nutrient. Zinc is an important antioxidant nutrient. It is necessary for protein synthesis, wound healing, for blood stability, normal tissue function, and aids in the digestion and metabolism of phosphorus. It also governs the contractility of muscles and maintains the body’s alkaline balance. Zinc sulfate is an inorganic compound and dietary supplement. As a supplement it is used to treat zinc deficiency and to prevent the condition in those at high risk. Side effects of excess supplementation may include abdominal pain, vomiting, headache, and tiredness. The Global Zinc Sulfate market is expected to grow with a significant rate during the forecast period 2018-2025 owing to increasing demand of applications of raw material for manufacturing latex products, pigment lithopone, desulphurization process and zinc sulphate is an herbicide typically used for moss control. Zinc Sulfate Monohydrate type of Zinc Sulfate market is projected to be the leading segment of the overall market during the forecast period. On the basis of product type, the Zinc Sulphate market has been segmented into Zinc Sulphate Monohydrate and Zinc Sulfate heptahydrate. Zinc Sulphate Monohydrate dominates the global Zinc Sulfate owing to the increment in demand of zinc sulfate in agriculture and fertilizers sector as fertilizer additive for preventing and correcting zinc defencies in crops. Zinc sulphate is an inorganic compound that appears as white rhombic crystals/powder at the room temperature. Historically, this chemical was known as “white vitriol”. Zinc sulphate is made of zinc, sulphuric acid and water. Some of the properties of zinc sulphate include non-flammable, non-oxidizing and non-combustible. Zinc sulphate is widely used across a number of industries including agriculture, pharmaceuticals, water treatment, chemical and others. Few Indian major players are as under: • Agro Phos (India) Ltd. • Aksharchem (India) Ltd. • Arihant Chemicals Inds. Ltd. • Indian Farmers Fertiliser Co-Op. Ltd. • Indian Platinum Pvt. Ltd. • Jay Agrochem Ltd.
Plant capacity: Zinc Sulphate Monohydrate (Agri. Grade): 7 MT per day Zinc Sulphate Monohydrate (Food Grade): 3 MT per dayPlant & machinery: 300 Lakh
Working capital: -T.C.I: Cost of Project: 602 Lakh
Return: 26.00%Break even: 50.00%
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Mink Blanket

Mink blankets (also called Raschel blankets) were mainly made from acrylic fibers. The blanket is made from a synthetic acrylic blend. The typical make-up of a mink blanket is 85% acrylic and l5% polyester. The acrylic supplies the “softness” while the polyester keeps the mink blanket or throw blanket from wrinkling. It is woven to feel like mink. A blanket is a type of bedding. It is, generally speaking, a large piece of woven cloth, intended to keep the user warm, especially while sleeping or lying down. Mink blankets are the most luxurious and elegant bed products which can be used to elevate the interiors of home. Appreciated for their colorfastness, durability and fine textures these blankets are much loved by the people for their elegant designs. Their maintenance is very easy even simple cleaning will work well for these blankets. Soft enough in texture they provide relaxing and sound sleep by protecting the bodies from weather conditions. The global blanket market size was valued at USD 17.0 billion in 2018. Growing application of blankets in the commercial sectors including travel and hospitality, military and defense, and charity is expected to have a positive impact on the market growth. Furthermore, the market has seen a boom as a result of innovation and ease of product availability in affordable price ranges. The demand for blankets is met through import and local production. Blanket is manufactured in standard sizes. The standards are based on the surface area of the blankets and the specific weight of the blankets. Accordingly, blankets could be light or medium in weight. Few Indian major players are as under: • Best Textiles Ltd. • Deepak Woollens Pvt. Ltd. • Golden Texo Fabs Pvt. Ltd. • Kadri Mills (C B E) Pvt. Ltd. • C M Pvt. Ltd. • Oswal Cottex Exports Ltd.
Plant capacity: Double Bed Blankets (3.80 Kgs Size): 2236 Nos. per day Single Bed Blankets (2.50 Kgs Size): 2800 Nos. per day Baby Blankets (0.60 Kgs Size): 7500 Nos. per dayPlant & machinery: 2660 Lakh
Working capital: -T.C.I: Cost of Project: 6252 Lakh
Return: 26.00%Break even: 40.00%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
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  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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