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

Sikkim is an Indian state situated in the Himalayas and is known to be landlocked. It is the least populous state in the country and the second smallest in area after Goa. In the past few years, the Sikkim Government has tried its level best to promote tourism in the state and has been successful in its task as well. The world's third highest mountain, Mt. Kanchenjunga, dominates this tiny Himalayan State with its beauty and majesty. The State is one of the 18 biodiversity hotspots in the world. It includes nearly one third of the total species of angiosperm found in the country; around 4,000 species of flowering plants; 300 species of ferns and allies; 144 species of mammals; 500 to 600 species of birds and so on. Rare Blue Sheep, Tibetan Mastiff, Yaks and Red Pandas are also found here. Such natural beauty along with ideal climatic condition of the State augurs well for the tourism industry. The green image of the State has made it an attractive investment destination.

It is a popular tourist destination owing to its culture, scenery and biodiversity. Kanchenjunga the world’s 3rd highest peak is the state’s highest point. The state’s economy is largely agrarian based on the terraced farming of rice, it also produces more cardamom than any other Indian state and is home to the largest cultivated area of cardamom. It lacks a large scale industrial base, brewing, distilling, tanning and watch making are the main industries. Noodle based dishes such as thukpa and chowmein are common, it is also the 3rd highest per capita alcoholism rate amongst all Indian states.

In Sikkim, agriculture is the main occupation of the inhabitants. Agriculture in Sikkim seems to be the basis of the socio-cultural pattern of the territory.

Sikkim is blessed by a fertile land that largely supports agriculture. The topography and the climatic condition of Sikkim is favorable for agriculture at Sikkim. Therefore, Sikkim witnesses a high yield every year. Among the chief crops grown in Sikkim are:

Wheat

Paddy

Maize

Barley

Buck wheat

Cardamom

Potatoes

Tea, etc.

It is noteworthy that Sikkim produces the highest amount of Cardamom in India. Sikkim is also known for housing the largest area of Cardamom field within the territory. Cardamom is among the two cash crops of Sikkim, besides potato. Sikkim is known for producing a special variety of tea that is known for its taste and quality throughout the world. One might come across a number of tea estates in Sikkim that form an integral part of Sikkim agriculture.

The important mineral resources of the state are copper-lead-zinc and silver reported in Bhotang, Rangpo and Dikchu in East Sikkim district. Occurrences of other minerals like dolomite, quartzite and steatite are reported in West Sikkim district. Limestone in North Sikkim district and Marble in East Sikkim and North Sikkim districts.

·         Bamboo and Cane Craft are deep rooted in traditional culture of the state.

·         Producer of Carpets of varied designs and high quality.

·         Handloom Products are famous for their beauty and intricate design.

·         Apparel and Garment making Unit at Barfok.

·         Carpet weaving at Makha.

·         Candle making at Namchi.

The above mentioned points proves that Northeast India has the potential to produce the country’s finest silk products, the same of which can be exported outside the country, elevating the economic standard and status of the Northeastern states besides putting Northeast in the cultural map of the world.

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Manufacturing of DCDA - Dicyandiamide (2-Cyanoguanidine).

Manufacturing of DCDA - Dicyandiamide (2-Cyanoguanidine). Active Pharma Ingredient (API). Profit-Making Industry for Startups in Pharmaceutical. Dicyandiamide is often used as a curing agent for epoxies and as a used as a stabilizer compound for PVC flooring. Another popular use of Dycyandiamide (DICY) is a flame retardant additive in the paper and textile industries. Dicyandiamide can be used as a slow release fertilizer. Dycandiamide also finds applications in the adhesive industry, powder coatings, dielectric coatings, water treatment chemicals, rubber, dye fixing, and pharmaceutical applications. Related Project: - Dicyandiamide (dcda) Application Dicyandiamide is used as a slow release fertilizer. In the adhesive industry, Dicyandiamide is used as a curing agent for epoxies. Dicyandiamide is also used as a flame retardant additive in paper and textile industries. Additional applications include use in powder coatings, dielectric coatings, water treatment chemicals, rubber, dye fixing, and pharmaceutical applications. Dicyandiamide is also used as a stabilizer compound for PVC flooring. Projects: - Project Reports & Profiles Uses:- Adhesive-General adhesives and binding agents for a variety of uses Agricultural-Relating to agricultural, including the raising and farming of animals and growing of crops Building_material, insulation-Insulating materials to protect from noise, cold, etc (such as used in homes or buildings), insulating materials related to electricity. Related Projects: - Active Pharmaceutical Ingredient (API) Products, Bulk API Manufacturing Colorant-Term used for colorants, dyes, or pigments; includes colorants for drugs, textiles, personal care products (cosmetics, tatoo inks, hair dye), food colorants, and inks for printing; modifiers included when application is known Construction-General construction (as opposed to those things labeled building construction) Market Outlook Dicyandiamide Market size should observe lucrative CAGR from 2019 to 2025 in the coming years due to developments in the water treatment industry. Dicyandiamide or cyan guanidine is a free-flowing white colored versatile chemical with diverse applications. Extensive use of the product in wastewater treatment plants as a decoloring agent or flocculating agent will drive the market in coming years. Growth in wastewater treatment industry in the European countries will have significant impact on the dicyandiamide market. Related Projects: - Business Ideas after the Covid Breakdown The region has more than 18,000 wastewater treatment plants in operation. As the region’s major focus is sustainable development and to promote environment friendly products & techniques, the demand for dicyandiamide will rise in future. Moreover, the rising scarcity of clean water will lead to increasing water treatment facilities in emerging nations which will further boost the demand in the market. Related Books: - Pharmaceutical, Drugs, Proteins Technology Handbooks The factors that are playing a major role in the growth of dicyandiamide market are the growing number of diabetes patients, non-hazardous and extremely reactive, and the high demand from the end-users. However, the availability of alternative substitutes may restrain overall market growth in the years to come. Dicyandiamide market is segmented based on grade, distribution channel, application, and region. Related Projects: - Pharmaceutical, Drugs, Fine Chemicals, Bulk Drug Intermediates, Pharmaceutical Drugs Global Dicyandiamide Market: Segmentation The global dicyandiamide market can be divided based on grade and application. On the basis of grade, the market is segmented into pharmaceutical, electronic, and industrial segments. Based on the application, the dicyandiamide market is divided into pharmaceuticals, epoxy laminates, slow-release fertilizers, flame retardants, dye fixing, and water treatment sectors. Related Videos: - Pharmaceutical, Drugs, Fine Chemicals, Bulk Drug Intermediates Key Players:- Helm India Pvt. Ltd. Lok Chemicals Pvt. Ltd. Prakash Chemicals Agencies Pvt. Ltd. Sanjay Chemicals (India) Pvt. Ltd. Unicare Pharma Ltd. Books: - BOOKS & DATABASES Tags:- #Dicyandiamide #DicyandiamideBusinessPlan #DicyandiamideManufacturing #DicyandiamideProduction #DicyandiamideInvestment #DicyandiamideMarket #DicyandiamideBusienss #apimanufacturing #pharmaceuticalindustry #chemicalindustry #pharmaceuticalmanufacturing #ActivePharmaceuticalIngredient #api #activepharmaceuticalingredient #pharmaceutical #ActivepharmaceuticalingredientMarket #ActivePharmaceutical #DCDAmanufacturing #DCDA #DetailedProjectReport #businessconsultant #feasibilityReport #NPCS #BusinessPlan #startup #InvestInStartups #entrepreneurindia #businessconsultant #StartupIdeas #NewRelease
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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N95 Mask (5 Ply)

An N95 Mask is a type of Mask with air-purifying, particulate respirator which is a personal protective device designed to help reduce the wearer's inhalation exposure to certain airborne particles. N95 Masks are certified by a US body named NIOSH (National Institute for Occupational Safety and Health). They are masks that fit on the nose and mouth to prevent bacteria and dust particles. They came in different shapes and sizes. N95 Masks are also known as an N95 Respirator Mask, N95 Particle Respirator, N95 Filter Mask, N95 protection mask. To prevent spread of airborne respiratory infection such as COVID-19, wearing of masks or filtering face piece (FFP) respirators are advised. The masks can be simple cloth masks (which can be worn by members of public or outside the high-risk areas), surgical masks which are loose-fitting disposable devices that prevent entry of large size droplets that may contain micro-organisms, and N95 FFP respirators. The most important component of PPE for HCWs during this pandemic is the N95 FFP respirator. The India surgical mask market was valued at $71.73 million in 2019, and is expected to reach $157.13 million by 2027, registering a CAGR of 10.3% from 2020 to 2027. This growth rate is mainly attributed to number of surgical procedures performed in India annually. The country is currently facing a multifaceted burden of infectious disease, neonatal disease, non-communicable diseases, maternal disease, and injuries. The need for surgical products and services in India is expected to continue to rise noticeably from now until 2030. Thus, this overall increase in the number of surgical procedures performed in India is projected to bolster the demand for surgical products such as masks and gloves in the years to come, ultimately driving the growth of the India surgical masks market. Likewise, surgical masks, are being widely used to prevent the transmission of infections and maintain hygiene, as they are sterile, repellant, and do not absorb any bacteria & viruses. Patients and healthcare professionals are susceptible to hospital-acquired infections (HAIs) during medical treatments in a healthcare facility. Thus, this increase in HAIs is further supplementing the India surgical masks market growth. India surgical masks market on the basis of product, distribution channel and sales channel. Based on product, the market is categorized into basic surgical mask, anti-fog surgical mask, fluid/splash-resistant surgical mask, and N95 mask. Based on distribution channel, the market is divided into hospitals & clinics, drug stores and online stores. Based on sales channel, the India surgical masks market is classified into business to business, business to customer and business to government. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under 3M India Ltd. Good Health Insurance T P A Ltd. Kimberly-Clark India Pvt. Ltd. Mediklin Healthcare Ltd. Surgeine Healthcare (India) Pvt. Ltd.
Plant capacity: N95 Mask 5 Ply (5 pcs per Pkt.): 12,096 Pkts / DayPlant & machinery: Rs 47 lakhs
Working capital: -T.C.I: Cost of Project: Rs 350 lakhs
Return: 30.00%Break even: 52.00%
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Disposable Plastic Syringes

Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. The constantly increasing use of this type Syringe indicates its importance which is based mainly on the advantages it offers regarding cost and hygienic applications. The manufacture of plastic syringes has been developed to such a degree that the products now satisfy the requirements and standards set by Hospital and physicians. At the same time they offer the best possible technique of application to the physician and the highest possible degree of safety to the patient. A syringe is a simple piston pump consisting of a plunger that fits tightly in a tube. The plunger can be pulled and pushed along inside a cylindrical tube (the barrel) allowing the syringe to take in and expel a liquid or a gas through an orifice at open end of the tube. The open end of the syringe may be fitted with a hypodermic needle (a hollow needle commonly used with a syringe to inject substances into the body or extract fluids from it), a nozzle or tubing to help direct the flow into and out of the barrel. Disposable Syringes are being used by doctors to inject medicines through intravenous or intramuscular ways for the treatment of diseases & also by research & development personnel. Disposable syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. The Disposable Syringes market was valued at USD 7.10 billion in 2019 and is predicted to grow at a CAGR of 6.1% during the forecast period and is anticipated to reach USD 12.91 Billion by 2027. The growth of the market is attributed to growing prevalence of chronic diseases, especially diabetes, an increase in the usage of Botox, increased adoption of inject able drugs, technological advancements in syringes, an increase in the geriatric population, a growing number of vaccination and immunization programs. Based on the WHO estimates, 16 billion injections are administered each year globally. A Disposable Syringes is a medical tool used to administer injections of intravenous drugs into the patient’s blood stream or to draw blood sample. Consumers and doctors are preferring Disposable Syringes over reusable syringes due to rising concerns about needle stick injuries and accidental infections related to it. Industry players increasingly investing in research and development of new chemicals that are more potential than present available drugs is likely to augment the growth. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under Disposable Medi-Aids Ltd. Hindustan Syringes & Medical Devices Ltd Lifelong Meditech Ltd. Peekay Mediequip Ltd. Schott Kaisha Pvt. Ltd.
Plant capacity: Disposable Plastic Syringes 3 ml Size: 1,440 Boxes / Day (Each Box = 100 Pcs) Disposable Plastic Syringes 5 ml Size: 1,500 Boxes / Day (Each Box = 100 Pcs) Disposable Plastic Syringes 10 ml Size: 600 Boxes / Day (Each Box = 100 Pcs)Plant & machinery: Rs 340 lakhs
Working capital: -T.C.I: Cost of Project : Rs 772 lakhs
Return: 18.00%Break even: 62.00%
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Blood Collection Tubes (Vacutainer)

A vacutainer blood collection tube is a sterile glass or plastic test tube with a colored rubber stopper creating a vacuum seal inside of the tube, facilitating the drawing of a predetermined volume of liquid. Vacationer tubes may contain additives designed to stabilize and preserve the specimen prior to analytical testing. Tubes are available with a safety-engineered stopper, with a variety of labeling options and draw volumes. The color of the top indicates the additives in the vial. A vacuum blood collection tube is a sterile glass or plastic test tube that uses a stopper to create a vacuum seal inside the tube and enable the depiction of a predetermined volume of liquid. The vacuum blood collection tube prevents needle stick damage by preventing needles from coming in human contact and thus, contamination. The vacuum blood collection tube contains a double pointed needle, attached to a plastic tubular adapter. Double pointed needles are available in many gauge sizes. The length of the needle ranges from 1 to 11/2 inches. Vacuum blood collection tubes may contain additional constituents which are used to preserve blood for treatment in a medical laboratory. These additives are in the form of films applied using an ultrasonic nozzle. The additives contained in the vacuum blood collection tube are anticoagulants, such as EDTA, sodium citrate, heparin or gel. A vacuum blood collection tube is mostly used by clinics and laboratories for storing blood for future testing. Vacuum blood collection tubes have a substitute which can preserve blood for an extended period for testing processes. Vacuum blood collection tubes are available in different types of sizes and specimens. Blood Collection Tubes Market size is estimated to reach $2.81bn by 2025, growing at a CAGR of 7.1% during the forecast period 2020-2025. Blood plays an important role in the diagnosis and treatment of many diseases. The blood processing includes the collection, storing and managing the blood after collected from the donor. The blood collection tubes which are also known as vacutainers are made of either plastic or glass, these tubes are sterilized and have a safety-engineered stopper with different labeling options with the volume on it and color of the caps indicates the additives in the tube. The increase in usage of blood samples in the diagnosis and requirement of blood components in the treatment of many diseases is driving the market for blood collection tubes during the forecast period 2020-2025. The COVID-19 pandemic has encouraged major market players to focus on the development of new innovative products for blood glucose monitoring. For instance, in May 2020, Dario Health Corp. announced that the FDA has approved the use of self-test blood glucose meters by hospitalized patients with diabetes. This was intended to limit the exposure to the COVID-19 virus by self-checking of blood glucose levels by hospitalized patients and providing information to healthcare personnel. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Becton Dickinson India Pvt. Ltd. Hindustan Syringes & Medical Devices Ltd Kriya Medical Technologies Pvt. Ltd. Narang Medical Ltd. Poly Medicure Ltd.
Plant capacity: Blood Collection Tubes (Vacutainer) 13x100 with EDTA: 96,000 Nos / Day Blood Collection Tubes (Vacutainer) 13x75 Plain : 96,000 Nos / DayPlant & machinery: Rs 464 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1105 lakhs
Return: 29.00%Break even: 53.00%
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IV Set

Intravenous therapy delivers liquid substances directly to the veins. Intravenous route is the fastest way to deliver medications or fluid replacement substances into the body via veins. IV administration sets are accessories required to deliver fluids to patients to treat various conditions such as dehydration, electrolyte imbalance, and other conditions requiring specialized Parenteral drug therapies. The rate of delivery of liquid can be adjusted with a roller clamp of an IV administration set. Primary IV administration set is either a macro-drip solution administration set that delivers 10, 15, 20 gtts/ml, or micro-drip set which delivers small amount of fluid over longer period of time. Micro-drip tubing’s are used primarily in neonatal or pediatric care. Components of a primary IV administration set are back check valve, access port, roller clamp, and secondary IV tubing. A secondary IV administration set does not contain access port or back check valve. It is shorter in length than a primary IV administration set. Rise in demand for IV administration sets due to increase in number of patients hospitalized for various treatments, surge in incidence of chronic diseases, and rise in adoption of advanced treatment options are anticipated to boost the growth of the global IV administration sets market. However, increase in incidence of medication errors, product recalls, and stringent regulatory requirements are the factors restraining the market. The total India infusion therapy market is growing at a rate of 5.7%, which will take the 2017 market value of $387.8 million up to $572.6 million by 2024. Intravenous therapy delivers liquid substances directly to the veins. Intravenous route is the fastest way to deliver medications or fluid replacement substances into the body via veins. IV administration sets are accessories required to deliver fluids to patients to treat various conditions such as dehydration, electrolyte imbalance, and other conditions requiring specialized Parenteral drug therapies. The rate of delivery of liquid can be adjusted with a roller clamp of an IV administration set. Primary IV administration set is either a macro-drip solution administration set that delivers 10, 15, 20 gtts/ml, or micro-drip set which delivers small amount of fluid over longer period of time. Micro-drip tubing’s are used primarily in neonatal or pediatric care. Components of a primary IV administration set are back check valve, access port, roller clamp, and secondary IV tubing. A secondary IV administration set does not contain access port or back check valve. It is shorter in length than a primary IV administration set. Rise in demand for IV administration sets due to increase in number of patients hospitalized for various treatments, surge in incidence of chronic diseases, and rise in adoption of advanced treatment options are anticipated to boost the growth of the global IV administration sets market. However, increase in incidence of medication errors, product recalls, and stringent regulatory requirements are the factors restraining the market. Few Indian major players are as under Angi Plast Pvt. Ltd. Axiom Medisurg Ltd. La Medical Devices Ltd. Smiths Medical India Pvt. Ltd Sangam Health Care Products Ltd
Plant capacity: I.V. Set: 140,000 Sets / DayPlant & machinery: Rs 904 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1430 lakhs
Return: 27.00%Break even: 49.00%
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Steel Billets and TMT Steel Bars (Rebar) from Scrap Metal

Most of the steel generally in civil and allied work used is the plain carbon and mild steel and the largest portion of carbon steels used, has tensile strengths not greater than 36 to 40 t/in2. The carbon content in the steel predominantly governs the steel properties. 0.40% carbon steel is of great importance due to its being economical to meet general requirement and having reasonably high strength and other properties, like yield point, elongation and reduction percentages etc. Steel products in the forms of strip coils, sheets, plates, wires, rods, bars & sections are mostly used in industrial products. Earlier wires and rods were manufactured by reducing ingots/billets/bars in steel mills by heating and rolling of the stock. But, the modern advancements of technologies have given continuous casting of rods as an economical method. Steel scraps of melting grades are taken as the raw material. Either Electric Arc Furnaces (EAF) or Electric Induction Melting furnaces are commonly used for melting for a pollution-free operation. The long steel market size is estimated to be USD 527.0 billion in 2020 and projected to reach USD 636.7 billion by 2025, at a CAGR of 3.9% from 2020 to 2025. Increasing construction and infrastructure activities, rising population levels, and industrialization are the major factors responsible for the growth of the long steel market. However, the recent outbreak of Covid-19 is expected to have a severe impact on the long steel market. TMT steel bars refer to thermo mechanically treated bars. TMT steel bars are steel bars with enhanced strength and highly ductile and malleable in nature. They are widely used for earthquake resistant buildings and bridge construction projects. Companies operating in the global TMT steel bar market are adopting strategies such as mergers, acquisitions, and new product launches that maximize their market share. The rising global construction industry boosts the growth of the TMT steel bar market. Infrastructural development across the globe drives the growth of the TMT steel bar market. Various advantages of TMT steel bars over tensional bars contribute to the growth of the TMT steel bar market. The expansion of modern architecture propels the growth of the TMT steel bar market. Furthermore, the growing demand for low-cost reinforcement bars stimulates the growth of the TMT steel bar market. On the flip side, technical constraints with respect to higher grade TMT bars hinder the growth of the TMT steel bar market. Moreover, technological innovations in the construction industry create novel opportunities for the growth of the TMT steel bar market. This facilitates the development of new technologies and ensures a high quality product.
Plant capacity: Steel Billets (Size 100mm x 100mm to 180mm x 180 mm Sections of Max. 6 meter length): 333.3 MT / Day TMT Steel Bars (Rebar) Size DB 8 to 40 mm : 333.3 MT / DayPlant & machinery: Rs 8427 lakhs
Working capital: -T.C.I: Cost of Project: Rs 16747 lakhs
Return: 29.00%Break even: 47.00%
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Bamboo Toothbrush

The toothbrush is an oral hygiene instrument used to clean the teeth, gums, and tongue. It consists of a head of tightly clustered bristle, atop of which toothpaste can be applied, mounted on a handle which facilitates the cleaning of hard-to-reach areas of the mouth. They are usually used alongside floss. They are available with different bristle textures, sizes, and forms. Most dentists recommend using a soft toothbrush since hard-bristled toothbrushes can damage tooth enamel and irritate the gums. Because many common and effective ingredients in toothpaste are harmful if swallowed in large doses and instead should be spat out, the act of brushing teeth is most often done at a sink within the kitchen or bathroom, where the brush may be rinsed off afterwards to remove any debris remaining and then dried to reduce conditions ideal for germ growth (and, if it is a wooden toothbrush, mold as well). The organic bamboo toothbrush comprises a natural bamboo handle and fine bristles that make for clean teeth and a healthy mouth. You can be sure there’s no chemical coming in contact with your mouth, and the best part? It’s 100% biodegradable. The Global Bamboo Toothbrush Market is expected to register a CAGR of 7% to reach USD842.1 million by 2024. Bamboo toothbrushes are an eco-friendly alternative to plastic toothbrushes. Bamboo has several characteristics that make it an ideal substitute for plastic. It is cost-effective, has anti-microbial properties, can be grown in a wide variety of landscapes, and is easy to manipulate to make objects. Bamboo toothbrushes naturally ward off microbial growth and can be discarded without causing any harm to the environment. With a large number of anti-plastic policies and stringent regulations implemented by various countries for the eco-friendly alternatives for plastic goods are expected to increase awareness among consumers over the next few years. Plastic toothbrushes produced around the world directly go to landfills and a very small part is recycled, which creates plastic pollution. These factors are anticipated to promote the application of bamboo toothbrush as alternatives among the buyers over the next few years. Entrepreneurs who invest in this project will be successful.
Plant capacity: Bamboo Toothbrush: 3,000 Pcs / DayPlant & machinery: Rs 54 lakhs
Working capital: -T.C.I: Cost of Project : Rs 183 lakhs
Return: 25.00%Break even: 54.00%
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Edible Oil Refinery from Crude Palm Oil

Palm Nuts are an irresistible, nutritious and sweet tasting natural food. They provide good levels of Vitamin E (which enhances the immune system) and magnesium (which aids in nutrient delivery). Palm Nuts should be stored frozen. The palm kernel is the edible seed of the oil palm fruit. The fruit yields two distinct oils: palm oil derived from the outer parts of the fruit, and palm kernel oil derived from the kernel. Palm kernel cake is most commonly produced by economical screw press, less frequently via more expensive solvent extraction. Palm kernel cake is a high-fibre, medium-grade protein feed best suited to ruminants. Among other similar fodders, palm kernel cake is ranked a little higher than copra cake and cocoa pod husk, but lower than fish meal and groundnut cake, especially in its protein value. Composed of 16% fiber, palm kernel cake also has a high phosphorus-to-calcium ratio and contains such essential elements as magnesium, iron and zinc. The typical ration formulated for the feeding of dairy cattle consists of palm kernel cake (50%), molasses (5%), grass/hay (42%), limestone (1.5%), mineral premix (1%) and salt (0.5%) and trace element/vitamin premix. India is one of the major producers and consumers of vegetable oils. India accounts for 12-15% of the area under oilseeds and 6-7% of the production of vegetable oil in the world. Despite annual production of about 27.00million tonnes of oilseeds in the country, the availability of edible oil is insufficient to meet the domestic demand. The gap in demand and supply of edible oil is met through imports. Palm oil market size in India was valued at USD 5.16 billion in 2015.India palm oil market size is anticipated to reach USD 13.1 billion by 2025, at a CAGR of 15.4%. Increasing demand for edible oils owing to the burgeoning population and improving economic conditions is anticipated to remain the key growth driving factor over the forecast period. The industry in India presents massive potential for growth since the government has allowed 100% FDI in plantation and has also pledged huge financial aid to farmers in upcoming years. This development is likely to encourage domestic cultivation landscape and generate greater profit margins and opportunities for companies. The Indian edible oil industry is highly fragmented owing to the presence of a large number of organized as well as local and unorganized players. The country is also world’s third-largest consumer and largest importer from Malaysia and Indonesia. Government’s initiatives towards the installation of advanced plant machinery and automation are expected to foster sustainable production in the near future. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under 3 F Industries Ltd. Adani Wilmar Ltd. Budge Budge Refineries Ltd. Bunge India Pvt. Ltd. Cargill India Pvt. Ltd. Edible Products (India) Ltd. Gokul Agro Resources Ltd.
Plant capacity: Edible Refined Oil from Crude Palm Oil : 200 MT / DayPlant & machinery: Rs 2709 lakhs
Working capital: -T.C.I: Cost of Project: Rs 8322 lakhs
Return: 28.00%Break even: 49.00%
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Automated Vehicle Scrapping and Recycling Unit

Automated Vehicle Scrapping and Recycling Unit What is Auto Shredding? The scrapping of cars and large household equipment is a method where the components fed into it are grinded to fist-size bits by a hammer mill. A combination of ferrous material, non-ferrous metal (e.g. copper and aluminium alloys), and shredding scrap, called vehicle shredder remnants of automotive shredder residue, resulted in the shredding of vehicles (ASR). ASR is made up of glass, fabric, rubber, liquids for vehicles, plastics, and soil. Often ASR is divided into dust and shredder in small proportion. These leftover materials are considered 'Car-fluff' occasionally. Related Projects: - Waste Management and Recycling At such a time when different economies run solely on recycled car scrap, India, the’s greatest economy, has consumed an excessive amount of time to enter the market. Not only is scrap production a big-buck making industry from car recycling, but it also coincides with the additional advantage of being environmentally sustainable by getting the old polluting cars off the roads. Nevertheless, it has become evident, despite the odd regulation, that India is firmly interested in making attempts to mitigate air pollution and preserve the environment. Related Books:- Products From Waste, Automobile, Leisure, Entertainment, Ware Housing & Real Estate Projects, Greases, Hospitality, Medical, Infrastructure, Lubricants, Petro Chemicals, Petroleum, Waste Management, Recycling Scrap Import in India Overview At 60.6 kg per capita, India's demand for steel is increasing, relative to over 400 kg per capita in developing countries. The need for steel is key to various urban/rural infrastructure projects implemented by the government and private sectors. The Indian steel sector contributes 50 percent of the share of secondary steel. As ferrous scrap is one of the major raw materials for secondary steel production units, India's steel scrap demand is around 16-18 mnt pa. Of this necessity, it imports around 1/3rd of the content. In India, scrap imports have seen a gradual rise in the last few years India's FY16 scrap supply stood at 6.2 mnt, a rise of 12.7% from 5.5 mnt of material imported in FY15. With the Make in India project eyeing 300 mnt steel capacity, raw material requirements are likely to expand. The inclusion of indigenous scrap from auto-shredding would place Indian producers in a position of benefit, considering the existing demand for scrap in India. In recent times, India witnessed its 18th bulk scrap shipments in 2016. The demand for raw materials is increasing gradually. Scrap Metal Recycling Business Possibility: Waste metals consist of many metals, with the exception of precious metals, such as iron, steel, copper, brass, aluminium, alloy, nickel, bronze, and many more. After multiple applications, such as in processing factories that produce utensils, frames, and various items utilizing these metals, these materials are left untouched as waste. Such metal waste arrives in big quantities and is very beneficial. Compared to some other recycling firm, what allows the metal recycling industry so much in popularity is the returns it provides. Related Books:- Waste Management, Waste Disposal And Recycling Industry You need to consider what you're going to recycle before you begin the business. To know precisely what is like to be in this market, it is therefore important to perform a viability study test. There are several benefits and drawbacks of this business, certain problems, and problems that fall in between that one wants to get an understanding about. Here's a short, thorough business strategy for metal recycling. What is needed to start the Business of Recycling? • Recycling plant: You need to have a factory which you build your recycling plant after deciding what kind of metal you are going to recycle and at what level. Consequently, since you recycle metal, you require an open area that is fairly large to construct the recycling facility, stock scrap metal, tools, machinery, and finished goods. Recycling metal is called a heavy industry task, so you must have a space-like warehouse. Projects: - Project Reports & Profiles • Infrastructure: To help your business, you ought to provide some decent infrastructure A locked area where the computers are going to work. The location in which you are going to bring your recycled products, the area where you are going to separate metals, disinfect them, and so on. You will need a vented room that suits a typical factory layout. Build the infrastructure for security concerns to the requirements of a factory. • Metal Scrap: Join forces with scrap pickers, scrap dealers, landowners, and their likes to have the sum of metal scrap needed. Test it with independent scrap laborers as they can supply you with the scrap at a very low rate relative to a regular scrap dealer. If the need is immense, you should approach wholesalers selling metal waste. • Equipment: You must have all the requisite recycling equipment, such as tanks, compressors, grinders, refiners, heating tools, etc. It would be safer if you got the new equipment since the modern equipment will be extremely efficient, and not traditional. Books:- BOOKS & DATABASES • Machinery Required: You ought to get the recycling system that is needed. There is usually no particular disposal machine for metal fragments since it is performed in separate phases. For instance, a separation machine, cleaner, melting machine, grinding machine, container forming, cooling field, etc. are needed. • Man Power: You do need human energy to function in your factory while being surrounded by so many robots. First, you ought to employ a specialist to guide your recycling venture since he would be well acquainted with the recycling work. You need any labor besides him, depending on the necessity. You will need to provide them with previous scrap metal plant experience. • Utilities: You require simple infrastructure like power link, water supply, transit system to convey recycled materials, better highways, plant at a required and chosen spot, and so on, much like every other plant. There could be other requirements that you might just have to look into in a scrap metal business cantered on the location wherever you want to operate your business. Market Research: - Market Research Report • Documents and permission: You are going to begin a company for metal recycling that can be further used by producers. You therefore ought to get licenses from various agencies. First of all, you ought to have a document for a metal recycling facility where you must even state which kind of material you are trying to reuse. Private Company Involvement Although MSTC's change is a positive step, it might not be a smart option to route every scrap supply into MSTC solely. Private sector engagement must be promoted. A combination of competition-based private and public sector employees would be more effective. Related Videos: - Business Ideas for Startups In the end, the automotive recycling industry in India portrays a tremendous opportunity for scrap production in the face of all the commitments and challenges. The use of scrap in steelmaking would lead to the steel cycle economy. India, as a developing world wants long-term opportunities to plug into such renewable, productive industries. India's Auto Shredding Kick Start-MSTC and Mahindra Intertrade JV In the freshly drafted MoU, MSTC Limited, a Mini Ratna Category-I PSU underneath the administrative jurisdiction of the Ministry of Steel, the Government of India, and Mahindra Intertrade Limited (MIL), combined forces to established India's first auto shredding factory. Related Videos:- Small Business Ideas The plant would be the first in the world to construct such auto shredding units in the series. In the Make in India initiative, India's foraying into the car shredding market is also a generation ahead. Can car recycling in India, become the next US, Europe, or China? The US, Europe, and China are the world's biggest and most mature auto-recycling industries. From as far back as the 1970s, as in the situation of the US, these nations have been destroying old cars. It is very well known that these are industries focused on waste and the justification for this is auto recycling. In the US, vehicle recycling dates back to the 1970s, while in the 2000s, Europe and Japan started recycling, followed by China in 2012. In developing countries, the overall industry value of car scraping is about 30+ million vehicles, producing about 27 million tonnes of waste. Vehicle Recycling Scope in India As India is the world's third-largest steelmaker, there is a tremendous opportunity for auto-recycling. India's car recycling will bring various advantages to the nation, ranging from a drive to fuel-saving and job growth in the automotive field. 25 percent (7 million vehicles) of the estimated cars that may originally be scrapped are projected to produce roughly USD 2.9 billion (analogous to ~INR 190 billion) in business. Such statistics are expected to rise with time. A car weights 1,400-1,600 kg on average. It contains 65-70% steel scrap, 7-8% aluminium scrap, 1-1.5% copper scrap and 15-20% rubber and plastic scrap upon recycle. A recycled car will earn approximately INR 30.000-35.000 at existing scrap rates (USD 380-455). It has the capacity to produce about 6 million tonnes (mnt) of waste, ~150,000 mt of copper scrap, ~0.8 mnt of aluminum scrap, and ~1.8 mnt of plastic and rubber scrap, considering 20-25% of vehicles are discarded in the first year. It is predicted that statistics will rise in the years ahead. Car Recycling Market Prospects In both the automobile and steel sectors, the car recycling market is a large sector with a strong market for End of Life Vehicles (ELV). The CEO of the Association of Automotive Recyclers (ARA), Michael E. Wilson, claims that both the prospects and the value of the automotive recycling market are increasing rapidly. These days, there are different opportunities for junk vehicle owners to sell their junk cars for money. On Craigslist, eBay and even directly to scrap yards and vehicle dealers, they will market their scrap vehicles. Scrap yards and car dealers bid at the very same time for EOL vehicles sold on Craigslist, eBay, or directly from holders of scrap cars. Businesses ought to guarantee that they are fitted with the newest equipment in the industry and meet ARA-specified requirements for auto reuse activities Voluntary scrapping of old cars is proposed by Union Budget 2021-22 It is focused on health tests for personal vehicles over 20 years and for commercial vehicles over 15 years. For the automotive industry that has been waiting for a 'Scrappage Scheme' for the past decade, this is a welcome change. Constructing every industry from zero is a challenging job, and before actually achieving profitability, it must forehead different obstacles. For every country, when an initiative of this size is hired to work, the position of its people is vital. Whereas the government can take this step to grow the business, the people of the country who want to make deliberate attempts to protect and preserve the ecosystem by giving up their old vehicles are still a major part of the obligation. Union Minister Nitin Gadkari said the strategy would contribute to approximately 10,000 crores of new investment and generate as many as 50,000 jobs. It is projected that such cars cause 10-12 times greater emissions than the new vehicles. Highlighting the policy's advantages, Gadkari said it would lead to scrap metal recycling, better protection, reduced air pollution, lower oil imports due to higher fuel consumption of existing vehicles, and encourage investment. Recycled content from old cars would further lower costs, adding that the turnover of the automotive sector, which is Rs. 4.5 lakh crore with exports of Rs. 1.45 lakh crore, will have a lift. Bottom Line The scrapping strategy would improve car purchases in the country as a fresh one will certainly be purchased by the one scrapping the vehicle. All in all, the Scrappage Program aims to help incorporate Rs 10,000 crore worth of fresh investment and generate 50,000 new employment options. The Scrappage Program would improve car purchases in the nation as a fresh one will definitely be purchased by the one scrapping the vehicle. Overall, with the green flagging off the “Scrappage Policy”, the business is likely to hike up in the coming days and the business investment is not going to let anyone down. Voluntary car scrapping scheme to drive out old and obsolete cars, not only helping to curb emissions, but also reducing the fuel import bills of India. All in, the Scrappage Program aims to help incorporate Rs 10,000 crore worth of fresh expenditure and add 50,000 new work prospects. NPCS is best known for providing a project report for its clients. All the project report covers detailed aspects of the business from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. You can get in touch with the NPCS team through the official website and get benefited from the books and project reports provided by us. Tags:- #AutomatedVehicleScrappingandRecycling #RecyclingUnit #AutomatedVehicle #AutomatedVehicleRecycling #WasteManagement #EwasteManagement #WasteManagementIndustry #WasteRecyclingBusiness #WasteManagementMarket #RecyclingUnitBusiness #AutomatedVehicleScrapping #InvestInStartups #StartupIndiaConsultants #Plan4Business #StartupPlan #StartupIdea #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #IndustrialWasteManagement
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Production of NPK Fertilizer & Calcium Ammonium Nitrate (CAN).

Production of NPK Fertilizer & Calcium Ammonium Nitrate (CAN). Investment Opportunities for Entrepreneurs to Start Own Business in Fertilizer Industry. NPK fertilizers are fertilizers that contain the elements nitrogen (N), phosphorus (P), and potassium (K). Organic residues have the advantage over standard NPK fertilizers of adding other nutrients such as Ca, Mg, and micronutrients. They also assist in maintaining soil organic matter. Related Projects: - Fertilizers, Fertilisers, Inorganic Fertilizers (Mineral Fertilizer) Calcium ammonium nitrate is hygroscopic. Its dissolution in water is endothermic, leading to its use in some instant cold packs. Calcium Ammonium Nitrate (CAN) is created by adding powered limestone or calcium nitrate to ammonium nitrate. The main components of fertilizers include- nitrogen, phosphorus, and potassium. Its rating describes the amount of nitrogen, phosphorus, and potassium in a fertilizer. Related Books:- Biofertilizer, Biofertiliser, Biogas, Organic Farming, Vermicompost, Vermiculture, Biotechnology The three numbers on fertilizers represent the primary nutrients. A bag of fertilizers labelled 10-10-10 contains 10% nitrogen, 10% phosphorus and 10% potassium. This label is a national standard and is known as the fertilizer grade. Uses of Fertilizers Fertilizers are used for various purposes. The uses of fertilizers are mentioned below: They are used to providing additional nutrients to the plants. They are added to improve the yield of the crops. Nitrogen-rich fertilizers are used for the greening of lawns. Organic fertilizers improve the texture and fertility of the soil. Gardeners use fertilizers to address certain needs of the plants such as nutritional needs. Fertilizers are added to potted plants to replace the lost nutrients. Related Videos:- Fertilizers, Biofertilizer, Inorganic Fertilizers (Mineral Fertilizer), NPK, Nitrogen Fertilizer, Nitrogenous Fertilizer, Diammonium Phosphate Projects Uses of Calcium Ammonium Nitrate Ammonium nitrate is used commonly in fertilizers; in pyrotechniques, herbicides, and insecticides; and in the manufacture of nitrous oxide. It is used as an absorbent for nitrogen oxides, an ingredient of freezing mixtures, an oxidizer in rocket propellants, and a nutrient for yeast and antibiotics. It is also used in explosives (especially as an oil mixture) for blasting rocks and in mining. Nitrates and nitrites are used to cure meats and to develop the characteristic flavor and pink color, to prevent rancidity, and to prevent growth of Clostridium botulinum spores in or on meats. Calcium ammonium nitrate or CAN, also known as nitro-limestone or nitrochalk, is a widely used inorganic fertilizer. Related Project: - Production of NPK Fertilizer and Calcium Ammonium Nitrate (CAN) Market Outlook Calcium ammonium nitrate is also known as nitro limestone and nitro chalk. Calcium ammonium nitrate is produce by mixing powdered limestone in the ammonium nitrate. It is widely used as fertilizer across the globe. Physiological characteristics of the mixture are neutral. It has the ability to neutralize the acidic soil. Calcium ammonium nitrate is an essential source of nitrogen for plant growth. Nitrogen is quickly absorbed by the plant roots at the fruiting stage; therefore, it is extensively employed by farmers worldwide. The presence of calcium improves soil health for a long period time. The fertilizer grade of calcium ammonium nitrate contains approximately 8% of calcium and around 21% to 27% of nitrogen. Therefore, it is suitable for enhancing root and soil health. Calcium ammonium nitrate is widely used in a number of countries where ammonium nitrate is banned. Calcium ammonium nitrate is hygroscopic in nature due to which it can retain water molecules at room temperature. These properties are effectively used in the production of pharmaceutical products such as instant cold packs. Instant cold packs are small cold bag used to relax the muscles and to relieve pain caused due to minor injuries. Calcium ammonium nitrate (CAN) is also used to make explosives. Projects:- Project Reports & Profiles The global market for Calcium Nitrate is projected to reach US$11.6 billion by 2025, driven largely by its widespread use in fertilization and plant nutrition. The nitrogenous fertilizer market is expected to gain growth, owing to the rising food demand, due to the increasing population and the government funding for the usage of advanced techniques and fertilizer for high productivity, in order to meet the rising demand. The major factors driving the growth of this market include increasing reliance on fertilizers for crop productivity enhancement and rising crop demand for animal feed production. Books:- BOOKS & DATABASES "By nutrient type, nitrogenous fertilizers segment to hold the largest market. Nitrogenous fertilizers contain nitrogen in ammonia, ammonium nitrate, nitrate, and amide forms. Nitrate form is required by most crop plants, while paddy requires nitrogen in ammoniac form. Calcium also helps increase fertility of soil by helping release nutrients contained in clay minerals in soil by separating clay particles and freeing up movement of water and oxygen and maintaining the porous structure of the soil. Calcium nitrate nourished crops when harvested have higher storage life and are better able to withstand transportation. This is encouraging the practice of pre-harvest spraying of calcium nitrate on crops for superior ambient storage outcomes. Market research: - Market Research Report Key Players:- Basant Agro Tech (India) Ltd. Coromandel International Ltd. Deccan Sales Corpn. Ltd. Deogiri Fertilisers Ltd. Fertilisers & Chemicals, Travancore Ltd. Indian Farmers Fertiliser Co-Op. Ltd. Khushhal Fertiliser Ltd. M P Agro Inds. Ltd. Madhuvan Chemicals & Fertilizer Ltd. Maruti Fertochem Ltd. Mosaic India Pvt. Ltd. Poorvanchal Fertilizers Ltd Premier Fertilisers Ltd. Sikko Industries Ltd. Tripura Bio-Tech Ltd. Tags:- #NPKFertilizer #NPKFertilizerMaufacturing #NPKFertilizerProduction #NPKFertilizerMarket #CalciumAmmoniumNitrate #CalciumAmmoniumNitrateManufacturing #CalciumAmmoniumNitrateProduction #CalciumAmmoniumNitrateMarket #CAN #FertilizerManufacturing #FertilizerProduction #Fertilisers #fertilizerplant #agriculture #FertilizerMarket #FertilizerIndustry #IncreasingDemandFertilizer #DetailedProjectReport #businessconsultant #feasibilityReport #NPCS #BusinessPlan #startup #InvestInStartups #entrepreneurindia #businessconsultant #StartupIdeas #NewRelease
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Return: 1.00%Break even: N/A
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