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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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Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

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Manufacturing of GI Metal Sheet Products (Octagonal, Square, Rectangle Poles). Fastest Growing Industry to Start a Business with Iron and Steel.

Manufacturing of GI Metal Sheet Products (Octagonal, Square, Rectangle Poles). Fastest Growing Industry to Start a Business with Iron and Steel. Galvanized steel is among the most popular steel types because of its extended durability, having the strength and formability of steel plus the corrosion protection of the zinc-iron coating. The zinc protects the base metal by acting as a barrier to corrosive elements, and the sacrificial nature of the coating results in a long-lasting and high-quality steel product. Related projects:- Steel and Steel Products, Iron and Steel, Ferrous Metals Products Application/Uses of GI sheets: Agriculture – Grain silos, sprayers, gamelans, pans and feeding troughs etc. Automobile sector – Car, bus and truck bodies, undercarriage work, air and oil filters, fuel and oil tanks, exhaust pipes etc. Construction – Roofing, side walls, partitions, panels, valley gutters, louvers, false ceilings, partition walls and ducks, rolling shutters, highway bumpers, slotted angles and paint coated products etc. House hold things – Trunks, ice boxes, tubs, buckets, storage bins, water tanks, washing machines, house hold machines, pipes, pipe fittings and bath room doors etc. Related books: Steel, Iron, Ferrous, Non-Ferrous Metals Electrical appliances – Air conditioners, refrigerators, freezers, electrical panels, decorative lamps etc. Furniture and fixtures – Desk, lockers, almirahs, racks, light weight chairs etc. Other general uses – Ducting, drums/barrels, containers, thermal cladding, railway coaches, sign boards, hoardings and road signs etc. Market outlook The products have high strength and are deployed in sturdy structures. Furthermore, these products are thin and lightweight, which makes it easy to transport. They are also ideal for use in different weather conditions as they provide moisture and corrosion resistance. Some other advantages of using sheet metal include its durability, recyclability, and widespread availability, making it a suitable choice for the construction sector. Related videos:- Steel and Steel Products, Iron and Steel, Ferrous Metals Products, Alloy Steel The global Sheet Metal market is forecasted to grow at a rate of 4.6% in terms of value, from 2020 to reach USD 398.62 billion by 2027. Sheet metal is among the standard building materials which are used in the construction sector for a variety of applications. Consistent expansion of the building & construction industry is one of the critical drivers for the sheet metal market. Building & Construction industry includes roofing, walling, and cladding are critical applications for this sector. Rising use of the stainless-steel sheets in roofing and curtain wall has influenced the market for sheet metals, which can be majorly attributed to functional properties and aesthetic appeal offered by stainless steel. Aluminum metal sheets provide many advantages including resistance to rust, high insulation, durability, good resale value, longer lifespan, and lightweight making it flexible for the adoption in various sectors including cladding, roofing for houses & residential buildings, parking bays, airports, industrial warehouses, sheds & halls, and stadiums. Surface-treated steel sheets, which include electro-galvanized and hot-dipped galvanized sheets, are the essential products that are used in the automobile industry. Related project:- Business Plan-GI Metal Sheet Products (Octagonal, Square, Rectangle Poles) Key Players: Chetna Steel Tubes Pvt. Ltd. Electro Poles Products Pvt. Ltd. Jindal (India) Ltd. Utkal Galvanizers Ltd. Utkarsh India Ltd. #GIMetal #GalvanizedIron #GIIron #GISteel #GIMetalSheetProduct #GIMetalSheet #GIMetalSheetManufacturing #GIMetalSheetProduction #GIMetalSheetIndustry #GIMetalSheetMarket #NewRelease #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #entrepreneurindia #startupbusiness #ProjectReport #startup #projectconsultancy #businessopportunity #IndustryDemands #profitablebusiness #ManufacturingBusiness #GIMetalSheetBusiness #GIMetalProjectReport
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Micronutrients Fertilizer

Micronutrient-efficient varieties grow deeper roots in mineral deficient soils and are better at tapping subsoil water and minerals. When topsoil dries, roots in the dry soil zone (which are the easiest to fertilizer) are largely deactivated and the plant must rely on deeper roots for further nutrition. The micronutrients are boron (B), copper (Cu), iron (Fe), manganese (Mn), molybdenum (Mo), zinc (Zn), and chloride (Cl). Micronutrient-efficient varieties grow deeper roots in mineral deficient soils and are better at tapping subsoil water and minerals. When topsoil dries, roots in the dry soil zone (which are the easiest to fertilizer) are largely deactivated and the plant must rely on deeper roots for further nutrition. Mixing micronutrients with fluid fertilizers has become a popular method of application. Clear liquids are commonly used as starter fertilizers for row crops and some micronutrients, especially zinc sources, are easily applied with these fluids. Micronutrient fertilizers can provide an optimal nutrient balance, tailored to the demands of the specific crop, soil and climate conditions Agriculture micronutrients are gaining popularity globally for obtaining better yield output. The global agriculture micronutrients market value is anticipated to increase from US$ 6,576.9 Mn in 2015 to US$ 13,344.2 MN by 2024, expanding at a CAGR of 8.3% during the forecast period (2016–2024). Increasing need for effective fertilizers due to poor soil quality and high demand for quality and uniform yield in view of the increasing population across the globe are factors anticipated to drive the growth of the agriculture micronutrients market over the forecast period. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players • Abellon Agrisciences Ltd. • Agro Extracts Ltd. • Aries Agro Ltd. • Bayer Cropscience Ltd. • Champion Agro Ltd. • Coromandel Agro Products & Oils Ltd.
Plant capacity: Micronutrient Fertilizer for Fruit: 1,250 Kgs/Day Micronutrient Fertilizer for Vegetable: 750 Kgs/DayPlant & machinery: Rs.58 Lakhs
Working capital: -T.C.I: Cost of Project: 345 Lakhs
Return: 27.00%Break even: 55.00%
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HDPE/PP Bags

Woven polypropylene/HDPE bags or simply woven PP/HDPE bags are considered to be the toughest packaging bags, widely used to pack materials for grain, milling and sugar industry. HDPE/PP oriented strips are becoming increasingly popular in India & have caught the eye of many end users for their requirement of packing materials. HDPE woven sacks are much stronger & can withstand much higher impact loads because of HDPE strips elongation at break is about 15-25% as compared to 30% of Jute. These sacks are much cleaner & resist fungal attack. Jute prices are very unstable in the market since Jute is an agriculture product. These sacks have many advantages over other conventional sacks materials & are quite competitive in price. Woven Packaging Fabrics, Woven bags and fabrics are often used as an industrial packaging material. These materials are valuable for applications in many different industries. HDPE/PP Woven bags ideally suitable for Building Materials, Cement, fertilizers, Urea, Potash, plastic, polymers, plastic pellets, etc. Polypropylene is made from virgin polypropylene plastic. Polypropylene bags are versatile, attractive bags most commonly used for packaging small items such as beads and lollies. These bags can be sealed with a heat sealer like many other plastic bags. The woven sacks market is expected to witness huge demand from agriculture and building & construction industries. The preferred materials for the manufacturing of woven sacks are polypropylene and polyethylene; however, due to the non-toxic characteristics of polypropylene, it is the preferred choice among the two. Woven sacks are used in various industries including agriculture, horticulture, construction and other sectors as these sacks are quicker to pack and deliver. The global market for polypropylene woven bags and sacks market was valued at US$ 3,421.5 mln in 2017. The market is expected to expand at a CAGR of 4.2% over the forecast period, 2018-2028. Polypropylene woven bags and sacks are 100% reusable and non-toxic. Thus, due to demand it is best to invest in this project. Few Indian major players • Midland plastics ltd. • Krishna poly packs pvt. Ltd. • Jagannath polypacks ltd. • Indra industries ltd. • Gopala poly plast ltd. • Emmbi industries ltd.
Plant capacity: 184,616 Nos/DayPlant & machinery: Rs. 645 Lakhs
Working capital: -T.C.I: Cost of Project: 1411 Lakhs
Return: 24.00%Break even: 66.00%
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Phenolic Formaldehyde Resin

Phenol formaldehyde resins (PF) or Phenolic resins are synthetic polymers obtained by the reaction of phenol or substituted phenol with formaldehyde. Used as the basis for Bakelite, PFs were the first commercial synthetic resins (plastics). They have been widely used for the production of molded products including billiard balls, laboratory countertops, and as coatings and adhesives. There are two main production methods. One reacts phenol and formaldehyde directly to produce a thermosetting network polymer, while the other restricts the formaldehyde to produce a prepolymer known as volcano which can be molded and then cured with the addition of more formaldehyde and heat. Phenolic resin is used as a binder in loudspeaker driver suspension components which are made of cloth. Higher end billiard balls are made from Phenolic resins, as opposed to the polyesters used in less expensive sets. Sometimes people select fibre reinforced Phenolic resin parts because their coefficient of thermal expansion closely matches that of the aluminium used for other parts of a system, as in early computer systems and Dura mold. Phenolic resins are also used for making exterior plywood commonly known as weather and boil proof (WBP) plywood because Phenolic resins have no melting point but only a decomposing point in the temperature zone of 220°C (428°F) and above. The polymer is composed of carbon, hydrogen, oxygen, and sometimes nitrogen. Its molecular weight varies from a very low value during its early state of formation to almost infinity in its final state of cure. The chemical configuration, in the thermoset state, is usually represented by a three dimensional network in which the Phenolic nuclei are linked by methylene groups. a considerable product demand is generated from other applications, such as the manufacturing of engineered laminated composite lumber (LCL) and oriented strand boards (OSBs). During the forecast period, the market is also expected to witness a high demand for novolac resins, owing to their mold ability, which translates into their high adoption across several industry verticals. The global Phenolic Resins market size was valued at USD 12.63 billion in 2019 and is anticipated to grow at a CAGR of 5.4% during the forecast period. Expansion of end-use industries such as automotive, construction and consumer electronics is likely to drive demand for these unique resins. Entrepreneurs who invest in this project will be successful. Few Indian major players • Amity Thermosets Pvt. Ltd. • Kothari Phytochemicals & Inds. Ltd. • Resins & Plastics Ltd. • Tipco Polymers Pvt. Ltd.
Plant capacity: 1,000 kg/dayPlant & machinery: Rs. 34 Lakhs
Working capital: -T.C.I: Cost of Project: 144 Lakhs
Return: 24.00%Break even: 66.00%
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Silica Gel Crystal & Beads

Silica gel is an amorphous and porous form of silicon dioxide (silica). Silica xerogel with an average pore size of 2.4 nanometers has a strong affinity for water molecules and is widely used as a desiccant. It is hard and translucent, but considerably softer than massive silica glass or quartz; and remains hard when saturated with water. It is sometimes used in laboratory processes, for example to suppress convection in liquids or prevent settling of suspended particles. Silica xerogel is usually commercialized as coarse granules or beads, a few millimeters in diameter. Some grains may contain small amounts of indicator substance that changes color when they have absorbed some water. Small paper envelopes containing silica xerogel pellets, usually with a "do not eat" warning, are often included in dry food packages to absorb any humidity that might cause spoilage of the food. Silica gel is also used to dry the air in industrial compressed air systems. Air from the compressor discharge flows through a bed of silica gel beads. The silica gel adsorbs moisture from the air, preventing damage at the point of use of the compressed air due to condensation or moisture. The same system is used to dry the compressed air on railway locomotives, where condensation and ice in the brake air pipes can lead to break failure. The global silica gel market is expected to witness growth in light of its increasing application in food & beverage, pharmaceutical, paints & coatings, plastics, and inks & printing industries. It is capable of adsorbing water vapor and is chemically inert & non-toxic which paves its way for use in the aforementioned applications. Asia Pacific (APAC) will remain the most lucrative market for silica gel. The silica gel market in this region is projected to register the highest CAGR through 2030. Scope for the packaging industry in Asia Pacific is rapidly growing, with small and big industries majorly focusing on their logistics. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players • B A S F India Ltd. • Clariant Chemicals (India) Ltd. • Evonik Catalysts India Pvt. Ltd. • Multisorb Technologies India Pvt. Ltd. • Thermo Fisher Scientific India Pvt. Ltd.
Plant capacity: Silica Gel White: 200 kg/day Silica Gel Blue: 200 kg/day Silica Gel Orange: 200 kg/day Silica Gel Beads: 200 kg/dayPlant & machinery: Rs. 22 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 94 Lakhs
Return: 29.00%Break even: 69.00%
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Baby Diaper (T-shape and Pull-up Pants)

Diapers are primarily worn by children who are not yet potty trained or experience bedwetting. During the 1950s, companies such as Johnson and Johnson, Kendall, Parke-Davis, Playtex, and Molnlycke entered the Baby diaper market, and in 1956, Procter & Gamble began researching Baby diapers. They have helped many families with low income to get diapers needed for their babies. Modern Baby diapers products have a layered construction, which allows the transfer and distribution of urine to an absorbent core structure where it is locked in. Basic layers are an outer shell of breathable polyethylene film or a nonwoven and film composite which prevents wetness and soil transfer, an inner absorbent layer of a mixture of air-laid paper and superabsorbent polymers for wetness, and a layer nearest the skin of nonwoven material with a distribution layer directly beneath which transfers wetness to the absorbent layer. Other common features of Baby diapers include one or more pairs of either adhesive or Velcro tapes to keep the diaper securely fastened. Some diapers have tapes which are refastenable to allow adjusting of fit or reapplication after inspection. Elasticized fabric single and double gussets around the leg and waist areas aid in fitting and in containing urine or stool which has not been absorbed. Baby diapers are used for wrapping the newly born or pretty young children who have not get developed the fixed routine scheduled for making water or latrine. Baby diapers are exclusively used by the modern society. Several improvements were made, such as the use of double gussets to improve diaper fit and containment. Modern Baby diapers products have a layered construction, which allows the transfer and distribution of urine to an absorbent core structure where it is locked in. New born babies who have no fixed routine schedule for maleing the water. They wet the clothes any time, which creates a lot of inconvenience to the mother or caretaker & they can't go out of home with their babies. But with the use of this product they have a high or relief and can take their babies anywhere because this diaper retains the wet for about two hours or so. Where ever feel convenient they cheek the baby & wetted is replaced by fresh one. The diapers are gaining huge consumption amongst the baby as well as adult population. Further, it is anticipated that the Baby Diaper market is expected to reach around INR 200 Billion by 2025, growing at a double digit CAGR over the forecasted period 2017-2022. Thus, due to demand it is best to invest in this project. Few Indian major players • Centron Industrial Alliance Ltd. • Diapers India Ltd. • Godrej Hygiene Products Ltd. • Johnson & Johnson Pvt. Ltd. • Kimberly-Clark India Pvt. Ltd. • Maple Biotech Pvt. Ltd.
Plant capacity: Pull-up Baby Pant Single Diaper (4 Pcs/Pkt): 60000 Pkt/day T-shape Open Style Baby Diaper (4 Pcs/Pkt): 60000 Pkt/dayPlant & machinery: Rs. 2600 Lakhs
Working capital: -T.C.I: Rs. 4178 Lakhs
Return: 29.00%Break even: 36.00%
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Linear Alkyl Benzene Sulphonic Acid

Linear Alkyl Benzene Sulphonic Acid is an anionic surface active agent with superior detergency and compatibility with a broad range of other anionic, nonionic and amphoteric surfactants. Linear Alkyl Benzene Sulphonic Acid is an anionic surfactant with molecules characterized by a hydrophobic and a hydrophilic group. They are nonvolatile compounds produced by sulfonation. As intermediate it is usually neutralized with various bases to produce sulfonates that are used in numerous industries, most commonly in the production of liquid and powder detergents, household and I&I cleaners, laundry detergents, dishwashing liquids, car wash products, hard surface cleaners etc. LAS can be used in both acidic and alkaline formulations as well as in liquid and powder forms. It is also compatible with other surfactants. LAS?s biodegradability and compatibility with other surfactants make it the best choice for detergent production. It may be used with other non-ionic and cationic surfactants to improve the cleaning ability of detergents. • HI&I cleaning • Emulsion polymerization • Metal working • Paints & coatings • Laundry detergents • Industrial auxiliaries • Oil fields • Agriculture Increase in demand for liquid detergents in various end-use industries such as food & beverage, textiles, and household across the globe is driving the global linear alkyl benzene sulfonic acid market. Linear alkyl benzene sulfonic acid offers excellent foaming properties and aids in removal of stain by reducing surface tension of the water. Also rise in demand for industrial cleaners to maintain industrial hygiene is also boosting the linear alkyl benzene sulfonic acid market in the region. The global Linear Alkyl Benzene Sulphonic Acid market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.3% in the forecast period of 2020 to 2025 and will expected to reach USD 4234.1 million by 2025, from USD 3711.3 million in 2019. Entrepreneurs who invest in this project will be successful. Few Indian major players • Nirma Ltd. • Reliance Industries Ltd. • Tamilnadu Petroproducts Ltd.
Plant capacity: 2 mt/ dayPlant & machinery: Rs. 246 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 465 Lakhs
Return: 22.00%Break even: 55.00%
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Toughened Glass

The toughened glass is described as a type of glass which has been mechanically strengthens by a thermal process in which a layer of compression has been introduced at the surface. Toughened glass is a type of soda-lime-silica glass with a sheet thickness 4-12 mm. Toughened glass is a type of safety glass processed by controlled thermal or chemical treatments to increase its strength compared with normal glass. Toughened glass is a type of soda-lime-silica glass with a sheet thickness 4-12 mm. The sheet has a central tensile stress of 500-1200 kg/cm2 and a ratio of surface compressive stress to central tensile stress of 2:1 to 4:1. The article is toughened by heat exchange with an oil (or chilled air) in which these are maintained from 0.01–0.07% liquid. The boiling point liquid may be an organic liquid such as carbon tetrachloride, methanol, benzene, toluene, trimethyl alcohol, ethyl alcohol or Xylene etc. Toughened glass products are now widely used in building construction and other infrastructure projects. Toughened glass is specifically designed for use in areas where there is a high risk of contact and breakage. Toughened glass is used when strength, thermal resistance and safety are important considerations. The most commonly encountered toughened glass is that used for side and rear windows in automobiles, used for its characteristic of shattering into small cubes rather than large shards. Toughened Glass Market size was over USD 24.5 billion in 2016 and industry expects consumption above 4.3 billion square meters by 2024. Developments in terms of energy synthesis coupled with superior technologies promoting sustainability and recyclability are likely to influence the growth of the market positively. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players • Asahi India Glass Ltd. • Atul Glass Inds. Ltd. • Bhagwati Projects Pvt. Ltd. • Floatglass India Ltd. • Friends Glass & Glazing Pvt. Ltd. • Gold Plus Glasses India Ltd. • Gujarat Guardian Ltd.
Plant capacity: 4,000 Sq.Ft./dayPlant & machinery: Rs. 331 Lakh
Working capital: -T.C.I: Cost of Project: Rs. 758 Lakh
Return: 26.00%Break even: 53.00%
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Multispeciality Hospital (100 Bedded)

A Multi-speciality hospital as a health care organization has been defined in varied terms as an institution involved in preventive, curative/ameliorative, palliative or rehabilitative services. A specialty hospital is dedicated to specific sub-specialty care (Urology, General Surgery, Cosmetic surgery, Bariatric surgery, Clinic Pathology, Pediatrics & Neonatology). Patients will often be referred from smaller hospitals to a specialty hospital for major operations, consultations with sub-specialists and when sophisticated intensive care facilities are required. A private hospital is a place where one may get treatment from ordinary fever to a major surgery operation. These hospitals have highly trained specialists, high-end technology and provide round the clock services. These hospitals are able to do specialized tests, undertake dialysis for acute renal failure, provide ventilation to patients with respiratory failure and render intensive care to critically ill patients. These hospitals undertake research and have adequate library facilities. There is a significant scope for enhancing healthcare services considering that healthcare spending as a percentage of Gross Domestic Product (GDP) is rising. Rural India, which accounts for over 70 per cent of the population, is set to emerge as a potential demand source. The Healthcare Information Technology (IT) market which is valued at US$ 1 billion currently is expected to grow 1.5 times by 2020. Thus, due to demand it is best to invest in this project. Few Indian major players • Alps Hospital Ltd. • Amri Hospitals Ltd. • Anshu Hospitals Ltd. • Apollo Hospitals Enterprise Ltd. • Apollo Hospitals Intl. Ltd. • Apollo Rajshree Hospitals Pvt. Ltd. • Assam Hospitals Ltd.
Plant capacity: 100 beddedPlant & machinery: Rs. 13989 Lakh
Working capital: -T.C.I: Cost of Project: Rs. 38304 Lakh
Return: 26.00%Break even: 31.00%
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Cold Storage

A cold storage is a temperature-controlled supply chain network, with storage and distribution activities carried out in a manner such that the temperature of a product is maintained in a specified range, needed to keep it fresh and edible for a much longer period than in normal ambient conditions. This system facilitates long distance transport of various products as well as makes seasonal products available over the entire year. Cold Storage is a special kind of room, the temperature of, which is kept very low with the help of machines and precision instruments. Chilling involves reducing food temperatures to below ambient temperatures, but above –1°C. This results in effective short-term preservation of food materials by retarding many of the microbial, physical, and chemical and biochemical reactions associated with food spoilage and deterioration. At chilled temperatures (generally between 0°C and +5°C) the growth of microorganisms occurs only slowly and food spoilage and deterioration reactions are inhibited to such an extent that food safety and quality is preserved for extended periods, often for a few days, sometimes for a few weeks, longer than the fresh counterpart. Most of the modern cold storages are being planned for more and more automation. Mechanical equipment like Pressure Gauges, Thermometers, Physical logbooks etc. are being replaced with micro process controls, transducers, and automatic recorders. The Information Technology, with suitable fully computerized and proper software are being developed and used. But many small cold storages still heavily depend on old manual labour. Increasing cross-border trade and growing organized retail industry is driving the Indian cold chain storage market. Though the cold chain storage market in India is witnessing healthy growth, high operative cost and lack of standardization in the industry are likely to hinder the market growth during the forecast period. The Indian cold chain market reached a value of nearly INR 1,285 billion in 2020. The industry is further expected to grow at a CAGR of 14.3% over the forecast period of 2021-2026 to attain a value of INR 2,865 billion by 2026. Entrepreneurs who invest in this project will be successful.
Plant capacity: 33 mt /dayPlant & machinery: Rs. 179 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 514 Lakhs
Return: 20.00%Break even: 52.00%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • 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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