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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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HDPE Pipes

For decades, HDPE pipe has been used in non-potable water applications. Because of its welded joints, HDPE pipes are very popular. While welding necessitates the use of specialised equipment, it eliminates the need for separate fittings, which are a typical source of leaks and contaminant infiltration. HDPE is a very flexible polymer that can endure more abuse on the job site than brittle polymers such as PVC. Because of the flexibility of the piping system, turns can be achieved without the use of additional joints. High density polyethylene (HDPE) is used as a 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 idea that it will deform and so alleviate stress. As a result, ductility is an important quality for allowing for deflection during the pipe's service life. HDPE resins with low ductility may induce unexpected breaking in the pipe due to a phenomenon known as "slow crack advancement." To decrease cracking, the stress crack resistance (SCR) of HDPE resins must be properly assessed. HDPE pipes are corrosion-resistant and simple to work with, making them more practical and long-lasting. HDPE pipes are lightweight and use less energy to manufacture. Other polyethylenes have varied densities, hyper-branched crystallinities, molecular weights, and chain structures. HDPE may be processed at temperatures ranging from 160°C to 250°C, with a shrinkage rate of 1.5 to 3%. Due to its great heat resistance, flexibility, and machinability, HDPE is a prominent polymer in the production of a wide range of plastic goods. The India HDPE Pipes Market was valued $99.9 million in 2018, and is expected to increase at a CAGR of 11.2 percent to $233.5 million by 2026. High density polyethylene (HDPE) pipes are made from raw materials such as PE 63, PE 80, and PE 100. One of the key advantages of HDPE pipes is that they are 6-8 times lighter than cast iron and galvanised iron pipes. HDPE pipes may be easily moulded and welded together due to their high chemical resistance. They are also non-corrosive, making them a great choice for a wide range of applications. Few Indian Major Players 1. Alom Poly Extrusions Ltd. 2. Captain Polyplast Ltd. 3. Dutron Polymers Ltd. 4. Greenfield Irrigation Ltd. 5. JayshreePolytex Ltd. 6. Kunststoffe Industries Ltd. 7. Nimbus Pipes Ltd.
Plant capacity: HDPE Pipes 7,200Kgs per dayPlant & machinery: 82 Lakhs
Working capital: -T.C.I: Cost of Project: 541 Lakhs
Return: 27.00%Break even: 60.00%
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Bamboo Sticks

Bamboo is a tribe of flowering perennial evergreen plants in the grass family Poaceae, subfamily Bambusoideae, tribe Bambuseae; however, in many countries where bamboo is used as a building material, forestry services and departments consider bamboo to be a forestry product, and it is specifically harvested as a tree exclusively for the wood it produces, which is in many ways superior to wood. In fact, it is usually referred to be a tree by cultures that harvest it for wood. Despite the fact that India is the world's second-largest producer of bamboo, 70% of the bamboo used in agarbatti is imported. Imported bamboo sticks are often better in terms of dimension regularity and quality than handmade sticks made in India. When burned, incense sticks are long, cylindrical structures with a bamboo core wrapped in fragrant materials, filling the air with fresh air and perfume. Incense sticks are used for a variety of religious purposes, including cleaning the air, releasing positive energy into the atmosphere, and expelling negative energy from our surroundings. Incense sticks are used in a variety of ceremonies and rites in temples, churches, mosques, and monasteries, among other places, in almost all religions. Currently, the Indian government's ministry of business and trade is in charge of incense stick production (GOI). The main ingredients in incense sticks vary depending on the industry, but they typically include charcoal powder, sticky powders such as Jigat, Sal resin, Guggul, Nargis powder, raw bamboo sticks, water, various oils, aromatic essence, flower essence, sandalwood oil, rose petals, natural and chemical aromatic ingredients, sawdust, and various colour powder. Because incense sticks are in such high demand in India, they are sold through all channels of commerce and distributed to people through retail. The retail mode has a positive impact on sales, and the CAGR is predicted to be around 6% in the next years. India's incense sticks and Dhoop (a sort of incense product) industry is a highly export-oriented industry that brings in significant money for the country. Year after year, India's exports of incense sticks and Dhoop grow, helping to close the country's trade deficit. In terms of both consumption and production, India is the world's largest incense stick market. The market has derived from the highest presence of agarbatti goods, which has grown at a CAGR of over 7% in the last several years. However, because to the items' wide range of smells and long-lasting qualities, consumer acceptance of dhoop goods has increased in recent years. In the coming years, the market for dhoop items is expected to grow at a CAGR of more than 9%, driving up demand for bamboo even more.
Plant capacity: Bamboo Sticks 4 MT Per DayPlant & machinery: 443 Lakhs
Working capital: -T.C.I: Cost of Project: 791 Lakhs
Return: 26.00%Break even: 45.00%
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Chlorinated Paraffin Wax (CPW)

The chlorinated paraffins (CP) business consumes a significant amount of chlorine, accounting for around 12% of all chlorine produced in the country. Chlorinated paraffins have a straight chain length [CnH (2n +2)] with carbon atoms ranging from C10 to C20. Chlorination of n-paraffin or paraffin wax creates chlorinated paraffins, which is commonly done in a batch method. As a result of the exothermic process, hydrochloric acid is produced as a byproduct. Final batches are made by removing any leftover acid residues and adding a stabiliser. Chlorinated paraffin wax is made up of straight-chain hydrocarbons that have been chlorinated. Wax is classified by carbon-chain length and chlorination percentage, with carbon-chain lengths ranging from C10 to C30 and chlorination percentages ranging from roughly 35% to over 70% by weight. Chlorinated paraffin wax is made by chlorinating paraffin wax fractions produced from petroleum distillation. The three most commonly used commercial feedstocks are short-chain (C10-13), intermediate-chain (C14-17), and long-chain (C18-20) paraffins (C18-30). As a secondary plasticizer, paraffin wax is often used in flexible PVC compositions. The delivered paraffin wax is processed in compliance with industry quality requirements utilising sophisticated technology. Chlorinated paraffins are used as extreme pressure lubricant additives in the metalworking industry. It's employed in polymers to manufacture, among other things, fire-retardant and water-repellent coated textile. Rubber chalk and sealants also include them. It's used as a supplemental plasticizer in the vinyl industry. Chlorinated paraffins are used as a general purpose plasticizer in a variety of applications due to their superior performance (low volatility), nondrying and nonpolymerizing characteristics, chemical resistance, and moisture resistance. In 2016, the market for chlorinated paraffin was worth more than USD 1.6 billion, and the industry is predicted to grow at a CAGR of more than 3% through 2024. Chlorinated paraffin wax is a type of synthetic organic chemical product composed of n-alkanes with chlorine concentrations ranging from 30% to 70% by weight. It is made by chlorinating natural alkanes. According to worldwide market expansion in the plastic and manufacturing industries, as well as the aerospace and automotive sectors, the global market for chlorinated paraffin will approach USD 2 billion by 2024; this is a significant aspect fueling product demand throughout developing areas. Few Indian Major Players 1. Aditya Birla Chemicals (India) Ltd. 2. Faith Industries Ltd. 3. Gujarat Alkalies & Chemicals Ltd. 4. Ideal Chemicals (India) Pvt. Ltd.
Plant capacity: Chlorinated Paraffin Wax (CPW) 40 MT per day Hydrochloric Acid (by product) 50 MT per dayPlant & machinery: 641 Lakhs
Working capital: -T.C.I: Cost of Project: 1086 Lakhs
Return: 28.00%Break even: 49.00%
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Menthol Crystal from Mentha Oil

Menthol is a clear, crystalline material. It can be made from natural or synthetic sources. Natural or synthetic laevo menthol has a melting point of 41 to 44°C, making it the only therapeutically active form. Some producers classify crystals according to their shape and size, using terms like "bold crystals," "medium crystals," "medium extra crystals," and "medium extra-large crystals." Extracting mint essential oil (menthe arvensis), freezing the oil, and then crystallising the menthol is how menthol crystals are created. Like rock crystals, the crystals are crystalline and oblong in shape. They have a pleasant minty fresh odour and are transparent to the naked eye. It is soluble in alcohol and oils. Menthol crystals are great inhalants on their own, and they're easy to incorporate into recipes. Add a few drops to a bowl of hot, steaming water for stuffiness and bronchitis, and cautiously inhale the relaxing vapours through the mouth and nose. Menta Oil, often known as Menthol Liquid, is a product of the United States of America with the scientific name Menthapiperita. Steam distillation is used to extract the oil, which has a minty, spicy scent. Because of its exhilarating, stimulating, and uplifting aroma, the oil improves digestion and has a soothing effect on muscle spasms, pains, and aches. It can also be used to reduce nasal pain and pressure, as well as in muscle rub ointments, skin care products, and regulating the oil level of the skin and hair. The Benefits of Menthol Crystals 1. It acts as a natural pesticide, therefore you can use pure Menthol to keep moths out of your garden or honey bee hives. 2. Menthol is a hair growth stimulant that may be added to your hair oil by mixing menthol crystals with it. 3. Menthol crystal can also be used to treat sunburns when coupled with aloe Vera gel. 4. It gets rid of dark spots and reduces black and white heads. 5. Menthol stops plague from spreading and kills germs that cause gingivitis. Menthol crystals are generally obtained from natural sources, and as a result, their popularity is growing in both developed and developing countries. Manufacturers' increased focus on natural and sustainable products is driving the rise of natural-based products across numerous industries. Because the cosmetics industry is so tightly controlled, natural-based raw materials are in high demand. This is expected to drive the menthol crystals market in the coming years. Few Indian Major Players 1. Bhagat Aromatics Ltd. 2. Everest Flavours Ltd. 3. Halcyon Life Sciences Pvt. Ltd. 4. Jindal Drugs Pvt. Ltd. 5. Malik Polychem Ltd. 6. RupangiImpex Ltd.
Plant capacity: Menthol Crystal 1,000 Kgs per day Mentha Oil 333.3 Kgs per dayPlant & machinery: 145 Lakhs
Working capital: -T.C.I: Cost of Project: 592 Lakhs
Return: 27.00%Break even: 54.00%
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Chilli Powder, Chilli Flakes & Chilli Oil

Spices are used in the preparation of food and beverages for flavour, colour, fragrance, and preservation. The bark, buds, flowers, fruits, leaves, rhizomes, roots, seeds, stigmas and styles, and the entire plant tops can all be used to make spices. Herbs, which are a subset of spice, are plants that have aromatic leaves. Spices are often dried and used in their natural, unadulterated state. Chilli, often known as red pepper, is a plant that belongs to the solanaceae family and the genus capsicum. They are believed to have originated in South America. Chillies are also known as chilies, chiles, hot peppers, bell peppers, red peppers, pod peppers, cayenne peppers, paprika, pimento, and capsicum. Chilli is a spice that may be found all over the world. Chilli is a popular spice in both domestic and commercial settings. Chilli can be properly exploited to extract chilli oil and oleoresin, which can then be processed into chilli powders for usage as powdered chilli spices. The oil and oleoresin from the chil will be extracted using either solvent extraction or steam distillation. Chilli oil, The colour of chilli oil is usually brilliant red. Vegetable oil, soybean oil, or sesame oil are commonly used, however olive oil or other oils can also be utilised. Chilli oil is a condiment prepared from vegetable oil that has been infused with chilli peppers. It's popular in Chinese cooking, as well as throughout East and Southeast Asia and other regions of the globe. Chilli oil is prepared by preserving dried chillies in oil. Chilli flakes, red pepper flakes, and crushed red pepper flakes are all synonyms for the same thing: a dried and crushed whole chilli condiment/spice (seeds and all). Typically, red pepper flakes are made up of several different peppers. Chilli flakes, on the other hand, are usually made up of a single pepper kind. Chilli Powder: Chilli powder is a powdered spice mixture that is reddish-brown in colour. It has cayenne pepper for heat, but it also has spices like cumin, garlic powder, oregano, and paprika for the chilli con carne flavour. One part cayenne to seven parts other spices is used, depending on the blend. Each type of chilli powder has a different level of heat, although it is always much less than pure powdered chilli peppers. In India, chilies are consumed and exported in large amounts. It consumes approximately 6.2 million tonnes of the country's total output, or roughly 90%. Chilli powder production accounts for 30% of total production in the country. Chilli powder, dried chilies, pickled chilies, and chilli oleoresins are among the products exported from this crop. Few Indian Major Players 1. A D F Foods Ltd. 2. Catch Foods (India) Ltd. 3. Devon Foods Ltd. 4. Empire Spices & Foods Ltd. 5. Enjayes Spices & Chemical Oils Ltd. 6. Everest Industries Ltd.
Plant capacity: Chilli Powder 1,000 Kgs Per Day Chilli Flakes 500 Kgs Per Day Chilli Oil 50 Kgs Per Day by Product Chilli Oleoresin 300 Kgs Per DayPlant & machinery: 149 Lakhs
Working capital: -T.C.I: Cost of Project: 334 Lakhs
Return: 25.00%Break even: 52.00%
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Epoxy Resin (Liquid)

Epoxy resin is an epoxide-containing reactive pre-polymer and polymer. In the presence of catalysts, these resins react with one other or with a range of co-reactants such as amines, phenols, and thiols. Epoxy resin can be found in a variety of industrial settings. Epoxy resin is a type of resin that has outstanding mechanical properties, chemical resistance, and adhesive strength, making it perfect for a variety of applications. Epoxy resin is sometimes known as poly-epoxides. In terms of shrinkage during cure, as well as moisture and chemical resistance, epoxy resin exceeds other types of resins. It is impact resistant and has a long shelf life. It has excellent electrical and insulating properties as well. Epoxy resin is not the same as polyester resin when it comes to curing. It is treated with a curing material called "hardener" rather than a catalyst. Epoxies are thermoset polymers that are made by mixing two or more industrial chemical components together in a process. Epoxy resins are used in a wide range of consumer and industrial applications due to their toughness, strong adhesion, chemical resistance, and other specialised properties. Epoxy resin is mostly used in construction. • Metal coatings • Electronic and electrical components • Fibre-reinforced plastic materials • Structural adhesives • Paints • Sealants • Casting In 2019, the global Epoxy Resin market was worth USD 7,592.35 million, with a CAGR of 5.85 percent predicted over the next five years. Epoxy resins are thermosetting resins with adequate cross-linking agents for improved reactivity and have more than one epoxy group per molecule. Epoxy resins are the most essential raw ingredient in a wide range of chemical formulations. Epoxy resins are the resin of choice for a range of end-user applications, including laminates and insulators, because to their favourable features, such as high thermal stability, mechanical strength, moisture resistance, adhesion, and heat resistance.
Plant capacity: Epoxy Resin (Liquid) 20,000 Kgs Per DayPlant & machinery: 689 Lakhs
Working capital: -T.C.I: Cost of Project: 1956 Lakhs
Return: 30.00%Break even: 80.00%
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Cenosphere Processing from Fly Ash

Kens (hollow) and Sphaira (sphaira) are two Greek words that make up the name Cenosphere (sphere). Cenospheres are inert hollow spheres filled with air or inert gas that are comprised mostly of silica and alumina. Cenospheres are a naturally occurring result of the combustion of pulverised coal in boilers. They're discovered floating on the surface of the fly ash lagoon. Cenosspheres are formed when coal combustion ash becomes molten. By flowing with the combustion gas stream, the temperature of the molten particles is rapidly quenched, causing them to 'freeze in' a spherical shape. Any gas bubbles formed within the molten particles are also contained within the spheres. These bubbles, which can develop in a variety of configurations within the 'frozen' particles or as solitary, concentric formations nearly as large as the diameter of the particles, constitute cenospheres. In fly ash made from Kentucky No. 9 coal, the proportion of particles with densities less than 2 gm/cm3 might be as high as 87 percent in San Miguel coal fly ash. These findings suggest that cenospheres with a density of less than 2 gm/cm3 can be extracted from ash in its dry form if selective extraction is done effectively. Cenospheres are one-of-a-kind free-flowing powders composed of hollow, hard-shelled spheres. Cenospheres come in a variety of colours, ranging from almost white to grey, and have a density of 0.4–0.8 g/cm3, giving them incredible buoyancy. Cenospheres are a multipurpose filler that can be used in a variety of commercial and industrial applications. Two examples are oil well cementing and PVC cushion vinyl flooring. Fillite, on the other hand, is used in each scenario due to its unique properties, which include strength, low density, and chemical resistance. The following are some of the most common applications for Fillite. Cenospheres are hollow, inert, light-weight spheres made mostly of alumina or silica that are filled with inert gases or air and are hollow, inert, and light-weight. They're a prevalent by-product of coal combustion in power plants. Few Indian Major Players 1. Ashtech (India) Pvt. Ltd. 2. Bharathi Rock Products (India) Pvt. Ltd. 3. Minerals & Minerals Ltd. 4. Unirama Industries Ltd. 5. Wolkem India Ltd.
Plant capacity: Cenosphere 8 MT per dayPlant & machinery: 60 Lakhs
Working capital: -T.C.I: Cost of Project: 437Lakhs
Return: 27.00%Break even: 46.00%
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Industrial Park

The Industrial Park has parks, community centres, libraries, commercial complexes, banks, and post offices. In India, a "Industrial Park" is a project in which plots of developed or built-up space are formed and made available to units for the purposes of industrial or commercial activity, along with common facilities and high-quality infrastructure. There have been two causes for industrial parks in the past. For starters, providing functional infrastructure in a geographically confined place is much easier to plan, especially for governments with delivery restrictions. Second, the concentration of firms can have significant spillover effects both inside and outside the park, such as information spillovers, such as knowledge and technology; enterprise specialisation and division of labour; the development of skilled labour markets; and the development of markets in the vicinity of the parks. The integrated park is made up of a network of roadways, convenience stores, water treatment facilities, and drainage and sewage services that connect clusters of houses and businesses. Integrated parks have been highlighted as a feasible solution as cities become increasingly crowded and lack future growth possibilities. Integrated parks are more complicated because they have a lower FSI (Floor Space Index), more open areas, and a focus on creating a sustainable living ecosystem with residential and commercial spaces supported by an infrastructure backbone of power, roads, water, drainage, and sewage – a virtual living and breathing city. An integrated park is the optimal urbanisation alternative. Convenience is the key goal in terms of economic and sociological concerns. In an Integrated Industrial Park, living and working opportunities are combined in one area. All of the housing, infrastructure, and basic utilities, as well as work opportunities, are all available in one place. Industrial parks can help boost regional and national industrial competitiveness while also lowering negative externalities like traffic congestion and "brain drain." They provide a unique institutional framework, modern administrative services, and physical infrastructure not found elsewhere in the country. They're also designed to meet the needs of industrial enterprises in a particular region or community by offering current business development services such as information and telecommunications. Few Indian Major Players 1. AAA Township Pvt. Ltd. 2. Cessna Garden Developers Pvt. Ltd. 3. D L F Garden City Indore Pvt. Ltd. 4. Entertainment City Ltd. 5. Godrej Garden City Properties Pvt. Ltd. 6. Himachal Textile Park Ltd. 7. Industrial Township (Maharashtra) Ltd.
Plant capacity: Type 1 Industrial Plots Area 500 sq.mt. Size 90 Nos Type 2 Industrial Plots Area 1000 sq.mt. Size 40 Nos Type 3 Industrial Plots Area 2000 sq.mt. Size 20 Nos Type 4 Industrial Plots Area 5000 sq.mt. Size 8 NosPlant & machinery: 329 Lakhs
Working capital: -T.C.I: Cost of Project: 30642 Lakhs
Return: 26.00%Break even: 18.00%
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Mineral Wool Ceiling Tiles

Ceiling tiles are a type of auxiliary ceiling that hangs below the main (structural) ceiling. Drop ceilings, also known as T-bar ceilings, false ceilings, suspended ceilings, grid ceilings, drop in ceilings, drop out ceilings, or ceiling tiles, are a common choice for both residential and commercial construction. Ceilings allow the installation of a dropped ceiling beneath existing fire sprinklers because the tiles, also known as melt-out ceiling tiles, are heat-sensitive and engineered to fall from the dropped ceiling suspension grid during a fire, allowing the sprinklers to shoot their water. Drop down ceiling tiles can increase the aesthetic appeal of a ceiling because the fire sprinklers are hidden behind the tiles. Drop down ceiling tiles are generally made of vinyl or expanded polystyrene and are available from a range of manufacturers in a variety of sizes and finishes. Mineral Wool Ceiling Tiles are used in the following places: • Concert halls • Theaters • Libraries • Auditoriums • Classrooms • Meeting rooms • Conference rooms • Sport rooms • Consulting rooms • Concert halls • Theaters Libraries • Auditoriums • Classrooms Between 2020 and 2025, the Ceiling Tiles Market is estimated to reach $8.60 billion, with a CAGR of 9.1%. A spate of development projects are fueling the ceiling tile market. Another megatrend affecting the building and construction industry is the population boom in metropolitan areas, which necessitates low-cost housing. This study covers the ceiling tiles market size by type and property, ceiling tiles market share by top 5 firms, and ceiling tiles market share by start-ups for the forecast year. Mineral Fiber Ceiling has the largest ceiling tile market share in 2019. Mineral fibre ceiling tiles offer sound insulation, durability, fire resistance, and light reflectance. They're frequently seen in non-residential structures, such as offices, hospitals, and retail stores. The joint venture, R&D, and product releases will all help to boost the mineral fibre ceiling tile market. In the United States, Geometrik Manufacturing Inc. has agreed to sell and market the company's product and system portfolio. Few Indian Major Players • K-Flex India Pvt. Ltd. • Lloyd Insulations (I) Ltd. • Owens Corning Inds. (India) Pvt. Ltd. • Rock Wool (India) Pvt. Ltd. • Saint-Gobain Gyproc India Ltd.
Plant capacity: Mineral Wool Ceiling Tiles 3,000.0 Sq. Mtr. Per DayPlant & machinery: 32 Lakhs
Working capital: -T.C.I: Cost of Project: 212 Lakhs
Return: 26.00%Break even: 62.00%
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Opportunities in Business of Alloy Wheels for 2 Wheeler (Motorcycle, Bikes). Start Your Own Business in Automobile Industry.

Alloy wheels are significantly lighter than steel wheels, allowing them to perform better in most conditions. Alloy wheels have a significant advantage in terms of fuel economy, especially in urban areas. Because alloy wheels have a lighter structure, they will put less strain on your car's suspension. Faster acceleration will be possible as a result of this. Because of their superior performance and appealing appearance, alloy wheels are now the standard wheels for most cars. Alloy wheels are more expensive than steel wheels, however they make up the majority of OEM wheels on the market. This gives you a wider range of choices and options. Because alloy wheels are more expensive to manufacture than steel wheels, they've always been considered an aftermarket option unless you're buying a sports car or a high-end luxury vehicle. Around the turn of the century, however, this began to change, and more automakers are now selling alloy wheels on specific trim levels of compact, subcompact, and budget vehicles. The alloy material provides a number of advantages over other materials, many of which are reflected in the wheel benefits. Here are some of the most significant advantages of installing alloy wheels on a vehicle: 1. Aesthetics: Aesthetically, alloy wheels are significantly more beautiful than others. This is partly due to the alloy wheels' more complex production process, which allows for more imaginative and even custom designs. When you compare a steel wheel to an alloy wheel, it's evident which one looks better. 2. Performance: alloy wheels are much lighter than steel wheels, which benefits a vehicle's fuel economy, braking, and acceleration. Alloy wheels can also help with steering and handling. Other vehicle components, such as the engine, transmission, and suspension, benefit from the lighter wheels as well. Alloy wheels also allow for better heat conduction and dissipation, resulting in improved braking. 3. Lightweight: We touched on this benefit before, but it bears repeating: alloy wheels are substantially lighter than steel wheels, which helps improve a vehicle's fuel economy, reduce stress on various components, and improve handling. Alloy wheels are standard on most current automobiles. How are they manufactured, will pique the interest of curious minds. These are the ten steps in the alloy wheel manufacturing process: Step 1: The plant receives raw aluminium. Aluminium is mined and transported to a facility for processing. Step 2: Analyze The Chemical Composition of the Raw Materials: Along with employee inspections, the raw material is subjected to extensive chemical testing to guarantee that it is, in fact, aluminium. Machines test the chemical balance and any materials that do not meet the required standards are discarded. Step 3: The Melting Process: The next stage is to begin the construction process. To begin the melting process, the acceptable material is placed in the oven. This is a short procedure. Melting the aluminium into an useable substance can take anywhere from 10 to 30 minutes. Step 4: Enamel Casting: Low-pressure die-casting technology is used to produce alloy wheels. Yxlon automatic X-ray equipment are used to inspect the castings. Step 5: X-Rays: The wheels are inspected for quality and any damage or faults. Step 6: Tilt Milling: After the wheels have been tested for quality, they go through the tilt milling process. Employees use a tilt mill tool to remove metal from a moving work piece by spinning a multi-tooth cutter. A quill feed lever on the head can be used to feed the spindle up and down. Step 7: Inspection: The wheel is subjected to a manual inspection to look for flaws. They take measurements of the wheel's separate components to ensure that they meet the design specifications. A 'brute force' inspection is also carried out, in which the wheel is subjected to extreme pressure in order to determine its breaking point. Step 8: Finishing Touches and Finishing Touches: After that, the wheel is moved to the stage of painting and treatment. The wheel goes through a variety of steps to safeguard it from the constant wear and tear that automobiles can cause. The process is fully automated thanks to a series of equipment. Step 9: Quality Assurance: The wheel is then examined for quality, similar to the inspection step. Following the painting and protection, an employee will sit beside the conveyor belt and inspect the wheel for any blemishes or dents that would prevent it from being sold. Step 10: Shipment: After the wheel has been produced and inspected, it is ready to be shipped to its final destination. The demand for light weight wheels with the same strength as steel wheels, as well as good thermal stability and ductility, is driving the growth of the automotive alloy wheel market. Automotive alloy wheels are made of magnesium or aluminium alloys, or a combination of the two. Automotive alloy wheels are light-weight wheels that help a car's steering and speed. During the period 2021-2025, the alloy wheel market is expected to increase by USD 3.41 billion, with a CAGR of above 4%. Due to changing weather conditions, there is a growing demand for light weight and corrosion resistant alloy wheels, which is a major factor driving the growth of the automotive alloy wheel market. Tubeless tyres are supported by automotive alloy wheels, which also provide improved brake grip. These are some of the advantages that are projected to boost demand for automobile alloy wheels, accelerating the expansion of the automotive alloy wheel market in the future years. Other major elements that will drive the expansion of the automotive alloy wheel market include a minimal reduction in fuel consumption and precise steering control.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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  • 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
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