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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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Setup Acetate Tow for Cigarette Filters Manufacturing Plant

In the manufacturing of cigarette filters, acetate tow is a sort of substance. It is constructed of extremely thin, robust, and resilient cellulose acetate fibres. This kind of substance has been utilised often in the production of cigarette filters for many years. A procedure known as extrusion is used to create acetate tow, and it entails melting cellulose acetate into a liquid state before spinning it into tiny strands that are then weaved together. By being twisted into an even finer thread, these fibres provide a strong, dependable textile. Acetate tow is superior to other types of filter material in several ways, including reduced smoke generation, heat resistance, durability, and chemical resistance. It also has the ability to absorb particles such as tar, nicotine and other substances from the smoke stream before entering the lungs. The Acetate Tow Industry's Future Acetate tow is in high demand as cigarette manufacturers need this tough material to satisfy their rising manufacturing demands. The acetate tow industry is predicted to increase as more people smoke, particularly in emerging nations. Because of its superior performance, major tobacco companies are also switching to acetate tow for their cigarette filters. Medical devices to filter materials can be made with acetate tow, which is a versatile material. Due to its exceptional qualities, including strong tensile strength, chemical resistance, and moisture absorption capacity, it has emerged as one of the most popular materials for cigarette filters. This makes it ideal for use in cigarettes that require greater durability and low toxicity. Also, the adoption of more effective acetate tow manufacturing techniques has been made possible by the introduction of new technology. As a result, producers will be able to create products of higher quality while charging less. Also, governments all over the world are starting to enact laws and regulations that encourage the use of safer cigarette filter materials like acetate tow as a result of a growing awareness of the health risks connected with smoking. Over the coming few years, the acetate tow business is anticipated to develop due to the rising demand for cigarette filters and improvements in acetate tow production technology. Manufacturers are resorting to cutting-edge alternatives like electronic cigarettes, which use secure filter materials like acetate tow, as more nations impose limits on conventional cigarettes. Consequently, it is expected that this substance will be used more frequently in the near future. Global Market outlook As smokers look for healthier and more upscale smoking experiences, the demand for cigarette filters has increased over the past few years. As a result, there has been an increase in the market for cigarette filter materials, with acetate tow becoming the preferred material. Acetate tow is a soft, porous synthetic string that traps smoke particles very well, enhancing the smoking experience. Because it has a very low ignition point and won't ignite when a cigarette is lighted, acetate tow is a very desirable substance. Compared to other materials like cellulose acetate or cotton, which are frequently used for cigarettes and are highly flammable, this is a significant safety advantage. Acetate tow is perfect for industrial use because it is also reasonably priced and can be purchased in bulk for large-scale manufacture. The flexibility of acetate tow and its ability to be twisted or curled into different shapes enable more customised cigarette filters. It is a desirable option for people who wish to experiment with various forms and sizes to get the ideal result because of its versatility. Finally, it is important to note that acetate tow is also non-toxic and does not produce any harmful chemicals when burned. Overall, acetate tow has become a popular choice for cigarette filters due to its safety, affordability, and versatility. With the ever-growing market for filter materials, acetate tow has become an essential component of the industry and is here to stay. Conclusion Working with acetate tow is simple and quite inexpensive. Because of this, it's a fantastic option for businesses wishing to get into the cigarette filter industry. The need for this kind of substance is only going to grow as more people become aware of the advantages it has for their health. Key Companies • Avisco • Eastman Estron • Celanese • Daicel • Solvay • Viscocel SL • DMEPL • Cerdia • Mitsubishi Chemical • Sechea • Cinyong Fiber • Nexwise Intelligence • Kunming Cellulose • Nantong Cellulose
Plant capacity: Acetate Tow 8 MT Per DayPlant & machinery: 542 Lakhs
Working capital: -T.C.I: Cost of Project: 1426 Lakhs
Return: 29.00%Break even: 50.00%
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A Business Plan For Silica Gel Crystal &Beads from Sodium Silicate and Sulphuric Acid

Little porous granules of silica are used to make Silica Gel crystals and beads from sodium silicate and sulphuric acid. In order to create these granules, sodium silicate (Na2SiO3) and sulphuric acid (H2SO4) are first mixed together in a reactor, where the liquid reaction result is filtered and dried. As a result, a fine powder that can be formed into granules of various sizes is produced. The crystals are excellent for many industrial applications because they are very absorbent and have an affinity for water and other volatile substances. These granules are very frequently used for a wide range of applications, such as packaging materials, moisture scavengers, adsorbents, cleaning agents, medication carriers, desiccants, and absorbents. Applications and Uses There are several uses for the crystals and beads of silica gel made from sodium silicate and sulphuric acid. In dry rooms, basements, containers, closets, and other locations where humidity needs to be managed, they can be used as a dehumidifier and to absorb moisture. By removing moisture from the air, they can also be used to protect objects against rust, mildew, and mould. Silica gel crystals and beads are utilised for a number of different things in addition to controlling moisture. They can be used as a fertiliser for plants, an addition in cat litter, a component of soap and cosmetics, as an abrasive to polish metals or remove paint and rust, as an abrasive to preserve food, and more. Silica gel crystal and bead manufacturing technology is also very beneficial for industrial uses. Due to its high adsorption capacity, silica gel is the perfect material for chemical processing, including the production of oil and gas, the treatment of water, and the development of pharmaceuticals. Moreover, it can be utilised as a packing material to separate various contents in a tank or container as well as a catalyst in chemical reactions. Due to its many uses, silica gel crystals and beads have being used more and more. Because of this, the industry of making these materials is flourishing. It's a wonderful option for business and industrial uses due to its accessibility and low cost. Indian Market Outlook One of the biggest markets for silica gel and beads worldwide is India. It is employed in a variety of processes, including chemical analysis, gas absorption, and moisture management. From 2018 to 2025, the silica gel and beads market in India is anticipated to expand at a CAGR of 5%. The rising demand from sectors like food and beverage, pharmaceuticals, and petrochemicals is one of the primary factors driving the expansion of the silica gel and beads market in India. The demand for silica gel and beads is rising in the nation as a result of their expanding use in these sectors. The demand for silica gel and beads is also anticipated to rise in the upcoming years due to India's growing embrace of sustainable technology. Also, the use of silica gel and beads in a variety of applications will be influenced by the growing awareness of environmental protection because they are a non-toxic and non-corrosive substance. Overall, the market for silica gel and beads in India has a promising future. The market is predicted to grow rapidly over the next years due to rising demand from a variety of industries and the presence of significant international players. Global Market Outlook The market for silica gel was valued at USD 946 million in 2020, and by the end of 2027, it is anticipated to have grown to USD 1261 million, with a CAGR of 4.2%. Given its expanding use in the food and beverage, pharmaceutical, paints and coatings, plastics, inks and printing industries, the silica gel market is anticipated to increase. The favourable outlook for the chemical industries in China and India, combined with regulatory pressure to boost domestic output, will make the Asia Pacific silica gel market profitable during the course of the projected period. The Made in India initiative was introduced by the Indian government in September 2014 with the goal of promoting local innovation, easing investments, and improving skill development in the chemical, construction, electrical & electronics, and pharmaceutical industries. In the chemical industry, this programme permits 100% foreign direct investment, which is anticipated to create new market opportunities for the manufacturers over the forecast period. The usage of silica gel in pharmaceutical packaging is anticipated to be a key success factor in preventing medications from becoming dissolved or degraded in damp environments. A strong pharmaceutical manufacturing base in North America will benefit from favourable government laws and spending on the healthcare sector. Conclusion The industry of making sodium silicate and sulphuric acid into silica gel crystals and beads is flourishing. This is as a result of the numerous applications for these materials across numerous sectors. In addition to being utilised in the production of products we use every day, including cosmetics, medications, and food, silica gel crystals and beads made from sodium silicate and sulphuric acid are also employed in industrial processes like water purification, oil and gas drilling, and pollution control. Key Players • Millennium Chemicals (US) • Qingdao Haiyang Chemical (China) • DowDuPont (US) • Nissan Chemical Industries (Japan) • Fuji Silysia Chemical (China) • China National Bluestar Company Limited (China) • Merck Group (Germany) • Solvay (Belgium) • Clariant (Switzerland) • Evonik Industries (Germany)
Plant capacity: Silica Gel Crystals & Beads: 1000 MT Per AnnumPlant & machinery: 504 Lakhs
Working capital: -T.C.I: Cost of Project: 912 Lakhs
Return: 1.00%Break even: N/A
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A Business Plan For Silica Gel Crystal &Beads from Sodium Silicate and Sulphuric Acid

Little porous granules of silica are used to make Silica Gel crystals and beads from sodium silicate and sulphuric acid. In order to create these granules, sodium silicate (Na2SiO3) and sulphuric acid (H2SO4) are first mixed together in a reactor, where the liquid reaction result is filtered and dried. As a result, a fine powder that can be formed into granules of various sizes is produced. The crystals are excellent for many industrial applications because they are very absorbent and have an affinity for water and other volatile substances. These granules are very frequently used for a wide range of applications, such as packaging materials, moisture scavengers, adsorbents, cleaning agents, medication carriers, desiccants, and absorbents. Applications and Uses There are several uses for the crystals and beads of silica gel made from sodium silicate and sulphuric acid. In dry rooms, basements, containers, closets, and other locations where humidity needs to be managed, they can be used as a dehumidifier and to absorb moisture. By removing moisture from the air, they can also be used to protect objects against rust, mildew, and mould. Silica gel crystals and beads are utilised for a number of different things in addition to controlling moisture. They can be used as a fertiliser for plants, an addition in cat litter, a component of soap and cosmetics, as an abrasive to polish metals or remove paint and rust, as an abrasive to preserve food, and more. Silica gel crystal and bead manufacturing technology is also very beneficial for industrial uses. Due to its high adsorption capacity, silica gel is the perfect material for chemical processing, including the production of oil and gas, the treatment of water, and the development of pharmaceuticals. Moreover, it can be utilised as a packing material to separate various contents in a tank or container as well as a catalyst in chemical reactions. Due to its many uses, silica gel crystals and beads have being used more and more. Because of this, the industry of making these materials is flourishing. It's a wonderful option for business and industrial uses due to its accessibility and low cost. Indian Market Outlook One of the biggest markets for silica gel and beads worldwide is India. It is employed in a variety of processes, including chemical analysis, gas absorption, and moisture management. From 2018 to 2025, the silica gel and beads market in India is anticipated to expand at a CAGR of 5%. The rising demand from sectors like food and beverage, pharmaceuticals, and petrochemicals is one of the primary factors driving the expansion of the silica gel and beads market in India. The demand for silica gel and beads is rising in the nation as a result of their expanding use in these sectors. The demand for silica gel and beads is also anticipated to rise in the upcoming years due to India's growing embrace of sustainable technology. Also, the use of silica gel and beads in a variety of applications will be influenced by the growing awareness of environmental protection because they are a non-toxic and non-corrosive substance. Overall, the market for silica gel and beads in India has a promising future. The market is predicted to grow rapidly over the next years due to rising demand from a variety of industries and the presence of significant international players. Global Market Outlook The market for silica gel was valued at USD 946 million in 2020, and by the end of 2027, it is anticipated to have grown to USD 1261 million, with a CAGR of 4.2%. Given its expanding use in the food and beverage, pharmaceutical, paints and coatings, plastics, inks and printing industries, the silica gel market is anticipated to increase. The favourable outlook for the chemical industries in China and India, combined with regulatory pressure to boost domestic output, will make the Asia Pacific silica gel market profitable during the course of the projected period. The Made in India initiative was introduced by the Indian government in September 2014 with the goal of promoting local innovation, easing investments, and improving skill development in the chemical, construction, electrical & electronics, and pharmaceutical industries. In the chemical industry, this programme permits 100% foreign direct investment, which is anticipated to create new market opportunities for the manufacturers over the forecast period. The usage of silica gel in pharmaceutical packaging is anticipated to be a key success factor in preventing medications from becoming dissolved or degraded in damp environments. A strong pharmaceutical manufacturing base in North America will benefit from favourable government laws and spending on the healthcare sector. Conclusion The industry of making sodium silicate and sulphuric acid into silica gel crystals and beads is flourishing. This is as a result of the numerous applications for these materials across numerous sectors. In addition to being utilised in the production of products we use every day, including cosmetics, medications, and food, silica gel crystals and beads made from sodium silicate and sulphuric acid are also employed in industrial processes like water purification, oil and gas drilling, and pollution control. Key Players • Millennium Chemicals (US) • Qingdao Haiyang Chemical (China) • DowDuPont (US) • Nissan Chemical Industries (Japan) • Fuji Silysia Chemical (China) • China National Bluestar Company Limited (China) • Merck Group (Germany) • Solvay (Belgium) • Clariant (Switzerland) • Evonik Industries (Germany)
Plant capacity: Silica Gel Crystals & Beads: 1000 MT Per AnnumPlant & machinery: 504 Lakhs
Working capital: -T.C.I: Cost of Project: 912 Lakhs
Return: 1.00%Break even: N/A
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Start Production Business Of Ferric Pyrophosphate(Food Grade/Pharma Gade)

A phosphate-iron molecule known as ferric pyrophosphate is used as a food additive, nutritional supplement, and medicine. It lowers the risk of anaemia and keeps blood sugar levels stable, among other health advantages. Moreover, it is present in various canned goods, energy drinks, and morning cereals. Those who have trouble getting enough iron from their diets might use food-grade ferric pyrophosphate to add iron to food products. Vegans and vegetarians who avoid eating meat or animal products will particularly benefit from it. A more refined version of the substance used in medications, dietary supplements, and other pharmaceutical items is called pharma grade ferric pyrophosphate. The substance is typically regarded as harmless and presents little to no risk to people. However, it should only be consumed in the appropriate dosages as doing so can cause constipation and gastrointestinal distress. Overall, ferric pyrophosphate is a crucial substance that has a variety of possible health advantages and is gaining popularity as a food addition and nutritional supplement. Ferric Pyrophosphate's Advantages A mineral supplement called ferric pyrophosphate (FPP) is used to raise the body's iron levels. It has many health advantages, which have helped it become more popular recently. FPP is a top-notch source of iron, which is necessary for robust immunity and keeping healthy red blood cells. It aids in easing anaemia, lethargy, and weakness brought on by a lack of iron symptoms. When dietary sources of iron are insufficient, FPP is a useful option to supplement the diet. FPP helps the body break down food and turn it into energy, therefore it can also be used to enhance digestion and the absorption of other necessary nutrients. FPP also helps control blood sugar levels, which may be advantageous for people with diabetes. Last but not least, FPP has been associated with enhanced cognitive function and mental focus. Given its many health advantages, it is not surprising that the ferric pyrophosphate industry is experiencing rapid growth. Global Ferric Pyrophosphate Market The global market for ferric pyrophosphate is expected to be worth USD million in 2022 as a result of the COVID-19 pandemic, and is predicted to increase to USD million by 2028 with a CAGR over the research period. Yellow Powder, which accounts for the global market for ferric pyrophosphate in 2021, is expected to reach USD million by 2028, rising at a revised CAGR in the post-COVID-19 timeframe, fully taking into account the economic change brought on by this health crisis. Conclusion As more people become aware of the health benefits associated with ferric pyrophosphate, demand for this essential mineral is growing significantly. With increased demand comes increased prices, making ferric pyrophosphate an attractive business opportunity for those looking to capitalize on this booming industry.
Plant capacity: Ferric Pyrophosphate Anhydrous 420 MT Per Annum (Food Grade) Ferric Pyrophosphate Nonhydrate 180 MT Per Annum (Pharma Grade) Plant & machinery: 8 Lakhs
Working capital: -T.C.I: Cost of Project: 96 Lakhs
Return: 28.00%Break even: 64.00%
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Start Manufacturing Business Of Soda Ash By Solvay process (without using limestone)

Sodium carbonate, sometimes referred to as soda ash, is a crucial chemical utilised in a variety of industrial applications. It is typically derived from either trona ore or limestone and can be created naturally or artificially. The solvay process, which doesn't require limestone, is another method that can be used to create soda ash, which many people might not be aware of. To create sodium bicarbonate and sodium chloride, the solvay process requires salt brine, ammonia, and carbon dioxide. After that, the sodium bicarbonate is heated to create soda ash. This method is more environmentally friendly because it doesn't need any limestone. In addition, this method utilises fewer chemicals than conventional ones, which lowers energy expenses. Without or with limestone, the final output of the Solvay process is high-quality, pure soda ash. The solvay process only differs in that it doesn't use limestone, which results in lower emissions and waste production. Overall, soda ash produced using the Solvay process without limestone is a practical substitute for soda ash made using more conventional methods because it uses fewer chemicals and generates less waste. If you want to lessen your impact on the environment, this method is a great choice. Scope in This Industry While the use of soda ash in numerous sectors keeps growing, entrepreneurs now have a fantastic opportunity to think about starting a firm in this sector. Over time, the method of making soda ash from solvay without using limestone has gained in favour. When compared to conventional methods, this procedure has a number of benefits, including lower costs and a smaller negative impact on the environment. Establishing a company in this sector might offer a viable and lucrative business opportunity. It's crucial to first educate yourself about the sector. For any ambitious entrepreneur, market research, understanding the various production techniques, and locating trustworthy suppliers are crucial tasks. It's also critical to create a business plan that will guarantee the company's long-term viability. In order to ensure the greatest product is produced, any successful business should also invest in quality control procedures and systems. In order to assure effectiveness and enhance the final product, it is also crucial to invest in contemporary technology and equipment. Finally, business owners want to think about creating a large network of contacts in the sector. The firm can prosper through developing connections with dependable consumers, suppliers, and other stakeholders. When launching a company in the soda ash from solvay without limestone sector, all of these factors need to be taken into account. Indian Market Outlook With a projected 10% annual growth, the soda ash market in India is expanding quickly. India is currently the third-largest producer of soda ash in the entire globe. This is partly because of the nation's abundant supply of raw materials, like salt and limestone, as well as the accessibility of relatively affordable labour. Large-scale soda ash factories have developed as a result of government policy in India, which has led to cheaper pricing for customers. This has helped the Indian soda ash business expand overall, along with growing demand from China. Global Market Outlook The market for soda ash was estimated to be worth USD 11000.00 million in 2021, and from 2022 to 2030, it is predicted to rise at a compound annual growth rate (CAGR) of 6.2%. Soda ash is utilised as a raw material in many different industries, including agriculture, the production of paper and pulp, soap and detergent, and glass. Air purification and water softening are two other uses for soda ash. As environmental concerns rise, soda ash is more and more in demand as a purging agent for hydrochloric acid and sulphur dioxide recovered from stacked gases. The high solubility of sodium carbonate allows for its usage in a variety of chemical reactions. Another important basic material for colouring agents is used in fertilisers and colours. Moreover, it serves as a chemical agent for the enamel and oil industries. Future demand for soda ash is predicted to rise as a result of these factors. Conclusion Producing soda ash using the Solvay process without limestone is a productive and effective process. It has the benefit of having a large yield with little energy use and no negative environmental effects. In addition, the method is environmentally friendly and cost-effective because it doesn't use limestone. Future production of soda ash could come from this process, which has the potential to be a dependable and sustainable source. Key Players • Searles Valley Minerals (US) • Ciner Assets Organization (US) • Beginning Vitality LP (US) • Solvay (Belgium) • Tata Chemicals Ltd (India) • Shandong Haihua Bunch (China) • GHCL Constrained (India) • Sisecam Bunch (Turkey) • Ciech SA (Poland) • Nirma Constrained (India) • OCI COMPANY Ltd (South Korea)
Plant capacity: Soda Ash (Na2CO3) 200,000 MT Per Annum Ammonium Chloride (NH4Cl) 200,000 MT Per AnnumPlant & machinery: 1325 Cr
Working capital: -T.C.I: Cost of Project: 1469 Cr
Return: 13.00%Break even: 36.00%
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Biodegradable Plastic Bags From Corn Starch Production

25% amylose and 75% amylopectin make up corn starch. The amylopectin molecule is in charge of the plasticizer properties, and the amylose molecules lose water and boost biodegradation characteristics. The size of their granules varies from 5 to 20 microns. Good strength, quick gel formation, and good absorption capability. 25% amylose and 75% amylopectin make up corn starch. The amylopectin molecule is in charge of the plasticizer properties, and the amylose molecules lose water and boost biodegradation characteristics. The size of their granules varies from 5 to 20 microns. Good strength, quick gel formation, and good absorption capability. Currently, a substantial amount of bioplastics are manufactured in two different forms. They are referred to as polyhydroxyalkanoate (PHA) and polylactide acid (PLA). (PHA). The process used to create PLA involves milling corn kernels to extract the chemical dextrose, which is then fermented in large vats by bacteria or yeast. Lactic acid is the end product, and it serves as a fundamental building block for PLA. For industrial and commercial purposes, polymer is preferred since it is more affordable and lightweight than many materials. Plastics are used in everyday life, such as in cars, household appliances, and packages. One of the three plastic basic materials used by the packaging industry. Conventional plastics' primary environmental issue is their long-term degradation in the environment and production from nonrenewable natural resources including coal, gas, and oil. Recycling plastics and ecologically friendly facilities are becoming more popular today. Uses and Application Disposable items like packaging, crockery, cutlery, pots, bowls, and straws are made of bio-plastics. Additionally, they are frequently utilized for the production of bags, trays, fruit and vegetable containers, blister foils, egg cartons, meat packaging, vegetables, soft drink and dairy product bottling, and meat packing. These plastics are also utilized in non-disposable products such plastic pipes, carpet fibers, car interior insulation, mobile phone casings, and carpet fibers. New bioplastics that can conduct electric current are currently being developed. In these domains, using sustainable resources to produce goods is the main objective rather than biodegradability. Advantages & Disadvantages of Biodegradable Plastic Products 1. Biodegradable plastics degrade more quickly. 2. Plastics made of biomaterials are reusable. 3. Plastics that degrade naturally are better for the environment. 4. Producing biodegradable plastics uses less energy. 5. Recycling biodegradable plastics is simpler. 6. Nontoxic biodegradable polymers are available. 7. Plastics made from biomaterials lessen our reliance on fossil fuels. Types of Biodegradable Bags Type 1: The first biodegradable bags, which are still in use today, are created from pellets that contain polyethylene, cadmium, lead, and beryllium as well as starches. Type 2: Starches and biodegradable polymers like PLA or BASF have been mixed to create a second type. To promote the breakdown of polymers and hasten the biodegradation of conventional plastics. Type 3: Oxo-Biodegradable Bags contain Totally Degradable Plastics Additives (TDPAt). Market Outlook The packaging, textiles, agricultural, injection molding, and other applications are the five main divisions of the biodegradable plastics market. Among all the applications, the demand for biodegradable polymers in injection molding is anticipated to develop at the highest rate. The growth of the food and beverage and electronic packaging industries in the developing BRICS economies is expected to enhance demand for biodegradable plastics over the next years. The demand for packaged food products is predicted to rise along with changing lifestyle trends, propelling the food and beverage industry. The need for biodegradable paper and plastic packaging is expected to rise as a result in the near future in the Asia Pacific area. The Asia Pacific region's expanding pharmaceutical packaging sector is predicted to drive market expansion. The region's market for biodegradable paper and plastics is anticipated to rise as a result of technological development in distribution channels and better manufacturing techniques. Market Players: • Arihant Industries Ltd. • Baroda Polyplast Ltd. • Jain Plastics & Chemicals Ltd. • Karwa Consolidated Mktg. Ltd. • Paradise Plastics Enterprise Ltd. • Shakun Polymers Ltd.
Plant capacity: 45 kg/hr Plant & machinery: 14 lakhs
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Setup Industry Of Chocolate

Chocolate is a universally beloved food item made from cocoa beans. It is produced in different forms, such as solid bars, chips, and liquid forms. Chocolate is often used in baking and candy making, but it has many other uses, including making hot cocoa and chocolate-flavored sauces for desserts. The flavor of chocolate comes from the cocoa bean, which contains several compounds that give it its unique flavor and aroma. Chocolate is derived from the fruit of the cacao tree, the cocoa bean is native to Central and South America, where it has been cultivated for centuries. Today, cocoa beans are grown in tropical climates around the world, including Africa and Asia. The main ingredients of chocolate are cocoa butter and cocoa solids, which are combined with sugar, milk, and sometimes other additives such as nuts and spices. Uses and Application Chocolate has a wide range of uses. Chocolate is widely used in confectionary products such as sweets bars and cakes. Chocolate can be combined with other ingredients to produce a variety of flavours and textures. Chocolate can be used in baking in addition to confectionary products. Chocolate can be found in a variety of desserts, including brownies, cookies, and cakes. Chocolate is also commonly used as an ingredient in a variety of beverages, including mocha and hot cocoa. To make a rich and creamy beverage, melt chocolate and combine it with milk. It can also be used as a topping on a variety of ice cream flavours. Chocolate is frequently used in beauty products such as lotions and facial masks, in addition to cooking and baking. Cocoa's antioxidants help to reduce wrinkles and improve skin health. Chocolate is known to have numerous medicinal benefits, including boosting the immune system, lowering stress, improving blood pressure, and even lowering the risk of heart disease. Benefit of Starting Chocolate Industry Starting a chocolate industry can be a lucrative and long-term business venture. With global demand for chocolate products increasing year after year, there is tremendous opportunity to profit from the sale of chocolate products. Here are some of the main advantages of starting a chocolate business: 1. Expansion of product range: People are looking for new and healthier snack options as they become more health conscious. This means that companies that offer a variety of products, such as dark chocolate, organic or vegan chocolate, or fair trade chocolate, have a better chance of capturing a larger market share. 2. Product diversity: The chocolate industry provides a vast array of products, ranging from traditional bars to gourmet truffles and even creative treats such as cakes and cookies. This enables enormous product diversity, which can be easily adapted and tailored to different customer tastes. 3. Easy access to raw materials: The global market for cocoa beans is massive, making it simple for businesses to obtain the raw materials required to manufacture their products. This ensures that they have consistent quality while also allowing them to keep costs low. 4. Brand loyalty: The chocolate industry is a highly competitive market that requires businesses to differentiate themselves from their competitors in order to attract customers. Businesses can build long-term relationships with their customers by developing a distinct brand identity and cultivating brand loyalty. 5. Low overhead costs: Starting a chocolate business can be a low-cost venture because the overhead costs associated with manufacturing and packaging are low in comparison to other industries. This makes it easier for entrepreneurs to start a business without a large investment. Starting a chocolate business has numerous advantages. Businesses have the opportunity to not only reach a large audience and profit, but also to create unique products and build customer loyalty. Indian Market Prospects The India chocolate market was valued at USD1687.23 million in 2022 and is expected to grow at a CAGR of more than 6.69% to reach USD2457.48 million by 2028, owing to rising population and shifting consumer tastes. As the market grows, more substantial businesses attempt to gain market share by employing cutting-edge strategies such as sugar-free, organic, vegan, and gluten-free chocolates. Furthermore, rising middle-class disposable income, increased awareness of the health benefits of chocolates such as dark chocolate, and innovative marketing and promotional strategies by manufacturers are expected to drive chocolate sales in India during the forecast period. Chocolate is gaining prominence in the market for sweets and confectionaries in India, in particular. India, as a socially diverse country, observes a variety of holidays throughout the year. As a result, demand for chocolates rises year after year, and the Indian chocolate market is expected to expand as a result. Global Market Prospects The global chocolate market is expected to be worth USD 113.16 billion in 2021, with a compound annual growth rate (CAGR) of 3.7% from 2022 to 2030. Consumer awareness of the health benefits of eating high-quality chocolate remains the market's primary driver. The rise can be attributed to increased awareness of the health benefits of dark chocolate, such as a lower risk of cardiovascular disease, lower cholesterol, and lower blood pressure, among other things. Furthermore, dark chocolate contains a high percentage of cocoa, which is recommended to prevent ageing and certain diseases such as CVDs. Furthermore, research suggests that eating chocolate helps to relieve stress. These are the key trends in the chocolate industry that are expected to contribute to overall market growth during the forecast period. According to the chocolate market report, Asia Pacific will be a rapidly growing region, with emerging economies such as India and China driving market growth. The growing western influence in the region, rising living standards, and growing awareness of the health benefits of chocolate consumption are expected to boost the chocolate industry market size during the forecast period. The increasing consumer preference for premium chocolate is expected to drive growth in the Australian chocolate market. Conclusion The chocolate industry is an exciting and ever-growing industry that has shown consistent growth over the years. People continue to seek out new flavours and varieties of chocolate, indicating that demand for chocolate products is quite strong both domestically and internationally. As demand grows, so does the number of businesses that enter the market. Entrepreneurs looking to enter the chocolate industry can find success with the right strategies and support. Key Players • Barry Callebaut • Chocoladefabriken Lindt & Sprüngli AG • Mondel?z International, Inc. • Nestlé • The Hershey Company • Ferrero Group • Mars, Incorporated • The Australian Carob Co. • Meiji Holdings Co., Ltd. • Arcor
Plant capacity: Chocolate 1,000 Kg. Per DayPlant & machinery: 120 Lakhs
Working capital: -T.C.I: Cost of Project: 815 Lakhs
Return: 28.00%Break even: 56.00%
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Start Production Of Pre-Engineered Building (P.E.B) Steel Structure

Steel Structures for Pre-Engineered Buildings (PEB) are a type of building system used for manufacturing, constructing, and erecting metal buildings. The system's components are pre-cut and pre-drilled in the factory before being shipped to the site for quick and easy assembly with minimal manual labour. Prefabricated building frames, warehouses, exhibition halls, schools, hospitals, and industrial workshops are among the products offered by Pre-Engineered Building (P.E.B) Steel Structures. This system also has a competitive advantage in terms of low installation costs, high durability, low maintenance costs, flexible designs, and a short construction period. Looking ahead, demand for Pre-Engineered Building (P.E.B) Steel Structures is expected to rise due to their low cost and ease of installation. This system is expected to become even more efficient in terms of time and money saved as technology advances. The Advantages of Starting This Industry Those considering investing in the Pre-Engineered Building (P.E.B) Steel Structure industry will find numerous advantages. For starters, the materials and labour costs are lower than those of traditional steel structures. This results in a faster return on investment and higher profits. Furthermore, these buildings require less maintenance than traditional steel structures, resulting in long-term cost savings. The construction process is also much faster than for traditional structures, resulting in shorter project lead times. The use of pre-engineered buildings also allows for greater design flexibility. Because of their modular nature, these buildings can be easily modified or extended. This makes them ideal for evolving needs and circumstances. Furthermore, they are resistant to extreme weather conditions and fire, ensuring the structure's and its occupants' safety. Finally, because they are made from recyclable materials, Pre-Engineered Building (P.E.B) Steel Structures are more environmentally friendly than traditional steel structures. As a result, they have a lower carbon footprint, making them an appealing option for those looking to reduce their environmental impact. Furthermore, because they are lightweight, they can be quickly moved or relocated if necessary. Overall, those considering entering the Pre-Engineered Building (P.E.B) Steel Structure industry will reap numerous benefits. Indian Market Outlook The India Pre-Engineered Buildings Market is expected to be worth USD 48.4 billion by 2030, growing at a CAGR of 11.66% between 2022 and 2030. The market was valued at USD 18.1 billion in 2021. With 9.5% growth, India is the fastest growing market in the PEB construction segment, followed by China at 8.5%. In India, the pre-engineered building industry is worth $0.38 billion. Currently, PEBs account for 33% of the Indian construction industry, with conventional construction accounting for the remaining 67%. Era BuildSys is attempting to enter all sectors in order to maximise growth potential in future projects. Overall, India's PEB industry is expected to grow at a rate of around 35% per year (which is considered as a conservative estimate). According to industry experts, the potential growth with current capacity is 10% year on year. As a result, current market players in the Indian PEB Industry would have ample opportunity for capacity expansion. Global Market Prospects The Pre-engineered Buildings market industry is expected to grow at a compound annual growth rate (CAGR) of 13.90% from USD 12071.0081 million in 2022 to USD 30019.92548 million by 2030. (2022 - 2030). The product segmentation of the pre-engineered buildings market includes walls, columns & beams, roof & floors, and others. The roof and floors segment held the majority share in 2021, according to data from the pre-engineered buildings market. Flooring and roofs are important components of pre-engineered structures all over the world in terms of value. The roof of the building serves as its top covering and receives the most solar radiation. It must be safe and stable in order to bear the burden imposed by human activity. Roofs must also be sound and heat insulated. Furthermore, floors are critical components for architectural flexibility and design. The load-bearing capacity of the floors has a direct impact on the partition walls and other structural components of a PEB. Walls are the second fastest-growing segment, accounting for a sizable portion of the pre-engineered building market. Structures made of pre-engineered components can be modified. They can be customised with various fascia types, canopies, glass partitions, and so on to create a structure with an exquisite appearance. Other structural elements, such as curving eaves, can be installed with precast concrete wall panels, curtain walls, block walls, and other wall systems. Conclusion Because of their numerous advantages, pre-engineered building (P.E.B) steel structures are becoming increasingly popular. They are strong, cost-effective, and long-lasting, and they can be erected quickly and efficiently. The industry is rapidly expanding and provides a fantastic opportunity for those looking to get into it. With careful planning and the right resources, this industry can be a great way to make a good return on investment while providing customers with long-lasting structures. It is a business worth investing in and researching further. Key Companies • Bluescope • Zamil Steel Holding Company • Kirby Building Systems • Nucor Corporation • Everest Industries • NCI Building Systems • PEB Steel • Lindab Group • ATCO, among others
Plant capacity: PEB Structure 40 MT Per Day Steel Scrap waste Product 2 MT Per DayPlant & machinery: 462 Lakhs
Working capital: -T.C.I: Cost of Project: 5600 Lakhs
Return: 25.00%Break even: 28.00%
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A Business Plan For Titanium Dioxide From Rutile Ilmenite Ore

Titanium dioxide is a naturally occurring mineral composed of titanium, oxygen, and other compounds derived from rutile ilmenite ore. The most abundant form of titanium found in nature is titanium dioxide. It is mined from ilmenite and rutile ore deposits found in beach sands and river beds all over the world. The purity and stability of rutile titanium dioxide are particularly valued. Titanium dioxide is typically extracted from ilmenite and rutile ores via a variety of processes, including sulphate and chloride processes. Sulphuric acid or chlorine is used to treat the ore, resulting in a slurry containing titanium dioxide crystals. To remove impurities, the crystals are filtered and washed before being dried and crushed into a fine powder. Finally, the powder is calcined at high temperatures to create a pure form of titanium dioxide. Benefit of Titanium dioxide Titanium dioxide also has numerous environmental benefits. It helps reduce air pollution by reflecting sunlight back into the atmosphere instead of absorbing it like traditional carbon-based materials do. This means that it helps keep the air cooler and more breathable by reflecting the heat away from Earth’s surface. Furthermore, titanium dioxide is non-toxic and biodegradable, making it an environmentally friendly alternative to traditional materials. Applications and Usages Titanium dioxide (TiO2) is a mineral that occurs naturally and is derived from rutile and ilmenite ores. It is one of the most widely used minerals in the world, with applications ranging from sunscreen to food colouring to paint and other industrial products. As a white pigment, titanium dioxide is commonly used in sunscreens to protect against UV rays and is an effective cosmetic whitening agent. It is also used to improve food colouring and in some medical products such as bandages. Titanium dioxide is extremely heat resistant and can be found in a wide range of products that require durability, including automotive coatings, ceramic glazes, and plastic compounds. It is also used in the manufacture of glass and paper. Titanium dioxide is created by treating titanium ore chemically with sulfuric acid. Titanium sulphate is formed as a result of this process, which can then be heated and converted into titanium dioxide crystals. This method enables the production of titanium dioxide at a low cost and in large quantities, making it a popular choice for industrial applications. Indian Market Prospects India is the third-largest producer of titanium dioxide (TiO2) from rutile ilmenite ore in the world. Titanium dioxide demand in India is rising as the industrial and automotive sectors expand. Titanium dioxide is used in the automotive industry to make white paint and plastic components. TiO2 is also being added to fibreglass, roofing tiles, paper products, enamels, rubber, medical and pharmaceutical products. India exported 45% of its titanium dioxide output in 2019, primarily to Southeast Asia and Europe. The titanium dioxide export market is expected to grow further as countries around the world invest in infrastructure projects that require the material. Increased production of rutile ilmenite ore in India has accompanied the rise in titanium dioxide exports. Since 2016, production of rutile ilmenite ore has increased by 25%. This expansion is primarily driven by rising global demand for titanium dioxide. Summery Titanium dioxide from rutile ilmenite ore has a bright future. As demand for titanium dioxide grows, the industry will need to find more efficient ways to process and refine the ore in order to meet it. Companies are working to reduce waste and increase efficiency while maintaining high quality standards. Furthermore, new technologies are being developed to help increase the availability and affordability of titanium dioxide. These new technologies may also help to make the industry more environmentally friendly. With the global market for titanium dioxide expected to grow, it is clear that the industry is on the right track. Key Players • V.V Minerals (India), • Royalty Minerals (India), • Shanghai Yuejiang Titanium Chemical Manufacturer Co., Ltd (China) • Yucheng Jinhe Industrial Co., Ltd (China) • Hatch Ltd (Canada) • Chemours (U.S.) • Iluka Resource Limited (Australia) • Tronox Limited (U.S.) • Trimex Sands PVT Ltd (India) • Stork Group (India) • Cosmos Electrodes PVT Ltd (India)
Plant capacity: Titanium Dioxide 4 MT Per DayPlant & machinery: 390 Lakhs
Working capital: -T.C.I: Cost of Project: 1455 Lakhs
Return: 27.00%Break even: 62.00%
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Start Production Of Lithium Oxide From Lithium Ore

The chemical compound lithium oxide, also known as lithia, is made up of lithium and oxygen atoms. It is an inorganic compound that contains no carbon or hydrogen and is commonly found in nature as the mineral petalite. Lithium oxide is one of the few materials that can absorb and release large amounts of oxygen reversibly, and it has numerous applications in industry and medicine. Lithium oxide has the physical properties of a white, odourless powder that is highly soluble in water. It can also be synthesized from lithium metal. Lithium oxide has the chemical formula Li2O and a molar mass of 23.94 g/mol. Process Lithium oxide is typically made from lithium ore, which occurs naturally as spodumene. To make lithium oxide, spodumene must be mined and then heated to extremely high temperatures until it melts. Other chemical reactions occur at this point to convert the melted spodumene to lithium oxide. The carbo-thermic process is the primary method for converting spodumene to lithium oxide. The ore is heated with carbon in an oxygen-depleted atmosphere, usually in a sealed chamber, during this process. When heated, spodumene reacts with carbon, forming various oxides and emitting volatile gases such as carbon dioxide, methane, and water vapour. The end result is a mixture of various lithium oxides, including lithium oxide. After obtaining the desired oxide composition, the mixture is cooled and filtered to separate the unwanted materials. After that, the lithium oxide can be extracted and used for a variety of purposes. An electrolytic process can also be used to produce lithium oxide. An electric current is passed through a solution containing lithium ions in this process, resulting in the production of lithium oxide. The final product is purer than that produced by the carbo-thermic process, but it is more expensive. Uses and Advantages Lithium Oxide, derived from lithium ore, has numerous applications and advantages. It is used as a catalyst in the chemical industry and in medicine to treat anxiety and depression. It is a fertiliser for soil and aids in the reduction of firing temperatures in the production of glass and ceramics. It can also be used to make lithium hydroxide, which is used in the production of batteries, particularly those used in electric vehicles. It is also used as an antacid and a stabilizer in rocket fuel. Lithium oxide has also been used in agriculture to boost crop yields. It acts as a fertiliser in the soil by supplying important nutrients such as calcium, magnesium, and potassium. Furthermore, it improves soil fertility and helps plants absorb nutrients more efficiently. Global Market Prospects The global lithium market was worth USD 3.64 billion in 2020 and is expected to grow at an 8.1% CAGR between 2021 and 2028, from USD 3.83 billion in 2021 to USD 6.62 billion in 2028. Rapid advancements in rechargeable batteries for laptops, mobile phones, electric vehicles, and digital cameras, fuelled by global growth in the Li-ion battery market, will drive product demand. Rising demand for batteries, lubricants, glass and ceramics, foundry, and other products is expected to drive market growth. China is a major producer of electronic components such as fuel cells, batteries, and capacitors. Fuel cell technologies for electronic vehicles have advanced to help the government's rules for reducing pollution caused by the combustion of petrochemicals and gasoline. Due to widespread product usage in the industrial and commercial sectors such as power, consumer electronics, chemical, industrial, general manufacturing, and others, Asia Pacific is expected to hold the largest share of the global market. Due to various government initiatives and increased foreign investment in the industrial sector, Asia Pacific is rapidly developing. According to research, China has the world's largest reserves of Li. One of the factors supporting the growth of the lithium market is the easy availability of raw materials. Conclusion Because of the growing demand for battery-powered technologies such as electric vehicles, smartphones, and other portable devices, the lithium oxide from lithium ore industry is booming. As more devices use lithium-ion batteries, the demand for lithium oxide from lithium ore has increased. This has created an incredible opportunity for businesses to profit from the rapidly expanding market. Furthermore, as the demand for clean energy grows, so does research into the use of lithium-ion batteries in renewable energy sources. This has increased the market potential for lithium oxide produced from lithium ore. As a result, the thriving industry of lithium oxide from lithium ore is expected to grow at a rapid pace for many years to come. Key Companies • FMC Corporation (India) • Albemarle Corporation (U.S.) • SQM S.A. (Chile) • Tianqi Lithium (Australia) • International Lithium Corp. (China) • LSC Lithium Corporation (Canada) • American Lithium Corp. (Canada) • Livent (U.S.) • Avalon Advanced Materials (Canada) • Sayona Mining Limited (Australia)
Plant capacity: Lithium Oxide 4 MT Per DayPlant & machinery: 578 Lakhs
Working capital: -T.C.I: Cost of Project: 2808 Lakhs
Return: 30.00%Break even: 57.00%
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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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  • 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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