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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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PVC Wires and Cables

An important part of this power system is the cable system that is used exclusively to carry power from the main substations to secondary substations at load centers. Low-voltage cable is used to distribute power from the load centers to utilization equipment in conduits and ducts, even though other methods such as cable trays, direct burial for outdoor applications, and aerial cable are used. PVC and polyethylene are the two main polymer types used for wire and cable insulation, with PVC comprising about 2/3 of the insulation used for building wiring. PVC compounds used in wires and cables as per BS 600 are described in BSEN 50363-3/BS 7655-4.2. PVC wires & cables are used in home appliance, house wiring, T.V, VCR control panel, power distribution & secondary transmissions etc. Wires and cables sector basically consists of two areas: (i) power; and (ii) telecommunication. The wires and cables industry in the India has grown at a CAGR of 16.7% from INR ~ million in FY’2009 to INR ~ million in FY’2014. The electric wire and cable market in India to grow at a CAGR of 16.18% over the period 2015-2019. Indian Electrical Equipment Industry Mission Plan 2012-2022, the government has planned to make India the country of choice for the production of electrical equipment and reach an output of $100 billion by balancing exports and imports. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Apar Industries Ltd. • Asian Cables & Inds. Ltd. • Associated Engineers & Industrials Ltd. • Chandresh Cables Ltd. • Delton Cables Ltd. • Electronica Machine Tools Ltd. • Emgee Cables & Communications Ltd.
Plant capacity: PVC Wires and Cables: 10 KMTRS/Day Plant & machinery: Rs 90 lakhs
Working capital: -T.C.I: Cost of Project: Rs 444 lakhs
Return: 28.00%Break even: 50.00%
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Betel Nut (Supari) Processing

Areca nut is the nut of areca palm. Biological name of areca nut palm is Areca catechu and it is a member of the family arecaceae or palmal. It is also called betel nut, as it is usually chewed with betel leaf and lime. Betel nut is a seed of the Areca catechu, a type of palm tree. It's commonly chewed after being ground up or sliced and wrapped in leaves of the Piper betel vine that have been coated with lime. This is known as a betel quid. Tobacco or flavorful spices may also be added. The dust and ‘Chogaru’ are traditionally used as a masticatory and for tanning leather. The tannins of arecanut tan leather satisfactorily except for the colour. India is the highest producer of areca nut with a production of around 3.3 lakh tones and a total acreage under cultivation of 2.64 lakh hectares, with Karnataka and Kerala accounting for nearly 72 per cent of the total production. Over six million people are engaged in areca nut cultivation, processing and trade. More than 85 per cent of the area under cultivation is made up of small and marginal holdings. Among the two varieties white nuts have a share of 60 per cent. India is also the largest consumer with around 3.2 lakh tonnes. As a whole you can invest in this project without risk and earn profit.
Plant capacity: Supari: 500 Kgs. /Day Tannin: 33 Kgs. /Day Brushes/Rope: 250 Kgs. /Day Pan Masala: 500 Kgs. /DayPlant & machinery: Rs 42 lakhs
Working capital: -T.C.I: Cost of Project: Rs 191lakhs
Return: 27.00%Break even: 58.00%
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Infrared Reflected (IR) Paint

The sun energy reaches Earth as UV, visible and infrared radiation. The last one is largely responsible for heat build-up.© Solar radiation, visible radiation, near infrared (NIR) radiation, very short wavelength infrared (VSWIR) radiation etc., The visible region of the electromagnetic spectrum is commonly considered to be the wavelength range between 0.4-0.72 ?m (400-720 nm). The polymers used in the SRP roof systems expand when wet, offering unparalleled protection expands when wet offering unparalleled protection against damaging moisture penetration. The roof coat resin has a very special property known as “Variable Permeability”. When conditions are wet, the polymers swell up becoming completely watertight. This report deals with the simulation thermal coating for providing the room comfort and thereby reducing the usage of Air conditioning units and fans. Infrared-reflective coatings can be formulated with various pigments, metals (such as aluminum) or other materials to produce an IR-reflective barrier. The paints industry in India has been growing at the rate of around 12% a year. The paints market has crossed the Rs. 135 bn mark. By volume, the market is estimated at 1.4 mntonne which is growing at an average annual growth of over 6 to 8% (12% by value). The unorganized sector, shrunk in the recent years, still commands a share of 46% (by volume) and 35% (by value). The global cool roof coating market is expected to reach USD 5.41 billion by 2025. The global cool roof coating market demand was 37.7 million liters in 2015 and is expected to reach 78.5 million liters by 2025, growing at a CAGR of 7.6% from 2016 to 2025. The global IR Reflected coating market is expected to reach USD 5.41 billion by 2025. which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • Apurva India Pvt. Ltd. • Asian Paints Ltd. • B N B Coatings India Pvt. Ltd. • Berger Becker Coatings Pvt. Ltd. • Bituminex Cochin Pvt. Ltd. • Cipy Polyurethanes Pvt. Ltd. • Creamcem Coatings (India) Pvt. Ltd.
Plant capacity: Infrared Reflected (IR) Paint: 300 Ltrs. /DayPlant & machinery: Rs 33 lakhs
Working capital: -T.C.I: Cost of Project: Rs 196 lakhs
Return: 26.00%Break even: 40.00%
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Spices (Masala)

Spices are non-leafy parts (e.g. bud, fruit, seed, bark, rhizome, and bulb) of plants used as a flavoring or seasoning, although many can also be used as an herbal medicine. The two terms may be used for the same plants in which the fresh leaves are used as herbs, while other dried parts are used as spices, e.g. coriander, dill. A masala can either be a combination of dried (and usually dry roasted) spices, or a paste (such as vindaloo masala) made from a mixture of spices and other ingredients—often garlic, ginger, onions and chili paste. • Spices contain an impressive list of plant-derived chemical compounds that are known to have disease preventing and health promoting properties. India is the world's largest producer, consumer and exporter of spices; the country produces about 75 of the 109 varieties listed by the International Organization for Standardization (ISO) and accounts for half of the global trading in spices. Total spices export from India stood at 226,225 tonnes valued at US$ 621.78 in April-June 2016, registering a year-on-year growth of 3 per cent. The revenues from India market are expected to expand to around USD 18 billion in FY’2020, growing with a CAGR of ~% from FY’2016 to FY’2020. Which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • A D F Foods Ltd. • Aachi Masala Food'S Pvt. Ltd. • Akay Flavours & Aromatics Pvt. Ltd. • Catch Foods (India) Ltd. • Chordia Food Products Ltd. • Devon Foods Ltd. • Empire Spices & Foods Ltd.
Plant capacity: Turmeric Powder (50, 100 & 200 gms Packs): 14 Kgs./Day Coriander Powder (50, 100 & 200 gms Packs): 14 Kgs./Day Red Chilly Powder (50, 100 & 200 gms Packs): 14 Kgs./Day Cumin Powder (50 gms Packs): 4 Kgs./Day Black Pepper (50 gms Packs) Plant & machinery: Rs 4 lakhs
Working capital: -T.C.I: Cost of Project: Rs 10 lakhs
Return: 17.00%Break even: 77.00%
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Bio-Plastic Products(GLASSES, PLATES AND BAGS)

Plastics have become an important part of modern life and are used in different sectors of applications like packaging, building materials, consumer products and much more. Biodegradable plastics are mainly derived from corn, wheat and potato starch. Biodegradable plastics products are thermoplastic materials which are processed with the same machines traditionally used to process conventional plastics. Biodegradable shopping bags are made of polymers that degrade, or decompose, when exposed to air, water, or sunlight. Currently, CU Dining Services is promoting their use of biodegradable bags from Grab-n-Go’s. The bio-plastic sheets are generally made from starch based polymers. The sheets can be processed into plates and glasses using the conventional method. Bioplastics in India are still at a very nascent stage with only two participants operating in this segment. As compared to the European market, where bioplastic products are commercially available, the Indian bioplastics industry has a long way to go in terms of production, raw materials, and technology. Though there is an increasing interest in the bioplastics in India, factors such as lack of environmental concern, price, and regulation are the key issues affecting the growth of this segment. The global bio plastics market was 19.54 billion USD in 2016 and is estimated to reach US$ 65.58 billion in 2022 at an estimated CAGR of 22.36% for the forecasted period.
Plant capacity: Bio-Plastic Glasses (wt. each Glass 16 gms): 62500 Pcs./Day Bio-Plastic Plates (wt. each Plate 40 gms): 25000 Pcs./Day Bio-Plastic Bags (wt. each Bag 100 gms): 10000 Pcs./DayPlant & machinery: Rs 155 lakhs
Working capital: -T.C.I: Cost of Project: Rs 718 lakhs
Return: 27.00%Break even: 42.00%
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Bentonite (Quarrying, Processing & Exporting)

Bentonite comes under the speciality of clay (Aluminium Hydrosilicate), which has large used in the chemical industries, oil refineries industries, cosmetics industry. A particular feature of this group of minerals is the substitutions of Si4+ and Al3+ in the crystal structure by lower valency cations. Calcium bentonite is a useful adsorbent of ions in solution, as well as fats and oils. A colloidal native hydrated aluminium Silicate (clay) consist principally of montmoillonite Al2O3, 4SiO2 H2O usually contains some magnesium, iron and calcium carbonate. The global market for bentonite offered an opportunity worth US$1.42 bn in 2015. Researchers anticipate it to rise at a CAGR of 3.0% from 2016 to 2024 and reach a value of US$1.85 bn by the end of 2024. By 2025 India may consume 30-34 million tons of oil. 2016-2017 edible non-edible imports expected 15 million tones. The global activated bleaching earth market to grow with a CAGR of 4.0% over the period of 2017 - 2023 The study on activated bleaching earth market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Row for the period of 2015 to 2023. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Ashapura Minechem Ltd. • Bituminex Cochin Pvt. Ltd. • Earth International Pvt. Ltd. • Gimpex Pvt. Ltd. • Jamipol Ltd. • Laviosa India Pvt. Ltd. • Neelkanth Rockminerals Ltd.
Plant capacity: ABE Dry Process Bentonite: 720 MT/Day ABE Wet Process Bentonite: 60 MT/Day Sodium Grade Bentonite: 74 MT/DayPlant & machinery: Rs 1994 lakhs
Working capital: -T.C.I: Cost of Project: Rs 6132 lakhs
Return: 42.00%Break even: 32.00%
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IV Fluids (BFS Technology)

Intravenous fluids are fluids which are intended to be administered to a patient intravenously, directly through the circulatory system. These fluids must be sterile to protect patients from injury, and there are a number of different types available for use. Many companies manufacture packaged intravenous fluids, as well as products which can be mixed with sterile water to prepare a solution for intravenous administration. Fluids are given when someone's body fluid volume falls. There are a number of things which can cause a drop in fluid volume. Vomiting and diarrhea are a classic example, which is why people are encouraged to drink fluids when they are sick, to keep their fluid volume stable. Another cause is blood loss, which causes problems both because people lose blood products, and because they experience a loss in fluid volume. Electrolyte levels in the blood can also become unstable as a result of rapid changes in fluid volume, in which case intravenous fluids can be used to restore the balance. India has the world's third largest active pharmaceutical ingredients (API) for the industry valued at a little less than USD 2 bn. Top 5 API producers account for approximately 6.5 %. The leading APIs are anti-infectives, gastrointestinal, cardiovascular and respiratory drugs. The Chemical Pharmaceutical Generic Association (CPA) projects that India's share of the world API market will grow by 10.5% by 2010 as patented blockbuster drugs lose their patent protection. The CPA also expects that the domestic Indian market for APIs, both generic and branded, will rise from USD 755 mn in 2005 to USD 1.9 bn in 2010.
Plant capacity: 48,000 Bottles/Day 500 ml each bottlePlant & machinery: 253 Lakhs
Working capital: N/AT.C.I: Cost of Project: 834 Lakhs
Return: 29.00%Break even: 52.00%
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Production of I.V. Fluids (Saline and Dextrose). Intravenous Solution (IV) Manufacturing Business with Blow-Fill-Seal (BFS) Technology.

Fluids are given when someone's body fluid volume falls. There are a number of things which can cause a drop in fluid volume. Vomiting and diarrhea are a classic example, which is why people are encouraged to drink fluids when they are sick, to keep their fluid volume stable. Another cause is blood loss, which causes problems both because people lose blood products, and because they experience a loss in fluid volume. Electrolyte levels in the blood can also become unstable as a result of rapid changes in fluid volume, in which case intravenous fluids can be used to restore the balance. Intravenous fluids are fluids which are intended to be administered to a patient intravenously, directly through the circulatory system. These fluids must be sterile to protect patients from injury, and there are a number of different types available for use. Many companies manufacture packaged intravenous fluids, as well as products which can be mixed with sterile water to prepare a solution for intravenous administration. Intravenous fluids can be broken into two broad groups. Crystalloids such as saline solutions contain a solution of molecules which can dissolve in water. When crystalloids are administered, they tend to create low osmotic pressure, allowing fluid to move across the blood vessels, and this can be linked with edema. Colloids contain particles which are not soluble in water, and they create high osmotic pressure, attracting fluid into the blood vessels. Blood is an example of a commonly administered intravenous colloid. Infusion therapy as a basic toll of modern medical care enables the physician to restore and stabilize homeostasis states quickly and completely. In nursing homes and hospital where patients are suffering from acute dehydration or considerable debilitating conditions, the intra venous fluids are used as I.V. drips. The basic function of I.V. fluids is to replenish the body fluids. Although there are a number of I.V. fluids but generally three types of I.V. fluids are used in hospitals as I.V. drips. Uses and Applications There are main ranges of application of highly specialized intravenous infusion solutions: • Treatment of discarded water and electrolyte metabolism, especially in severe cases. • Therapy of acid base in balances. • The volume substitution and volume replacement in surgery of accident victim suffering blood loss. • Paratral nutrition for severally ill and post-operative patients. • Aqueous isotonic injection (5%) of dextrose is given as intravenous injections to increase the column of circulating blood in the shocks and haemorrhages and to counteract dehydration. When it is desired to replace excessive salt loss also glucose is injected along with sodium chloride. Intravenous fluids can also be used as a route of medication administration. If a doctor wants to delI.V.er a small amount of medication over an extended period of time, it can be dissolved in a bag of intravenous fluids and set on an infusion pump which delivers the medicated fluid directly into the blood. They are also commonly used to assist with surgical recovery; people who receive fluids after surgery tend to experience better recovery than people who do not. Intravenous Fluids Market is expected to witness growth of international market with respect to advancements and innovations including development history, competitive analysis and regional development forecast. The growth of the global intravenous solutions market is driven by several factors. The increasing incidence of gastrointestinal disorders, diabetes, and cancer is one of the major factors that are expected to increase the rate of adoption of intravenous solutions among consumers. The rising popularity of intravenous vitamin C therapy in cancer treatment is one of the major trends in the intravenous solutions market. The intravenous vitamin C solution has been observed to have an increased toxicity to cancer cells and improve the patients' quality of life. Intravenous fluids are extensively used to treat electrolyte imbalances, maintain fluid balance, and replace fluid losses. These fluids are dispensed in volumes ranging from 25-1,000 milliliters and are available in either plastic bags or glass bottles. A complete mixture of all essential nutrients is also available in multi-chamber bags, and these bags are gaining immense popularity among numerous end-users. The global Intravenous (I.V.) solutions market was valued at USD 6.9 billion in 2015 and is projected to grow at a CAGR of 7.8% over the forecast period. The emergence of this market is attributed to the fast growing geriatric population and prevalence of malnutrition in the elderly and pediatric population. Blow-Fill-Seal (BFS) Technology In blow-fill-seal (BFS) technology, which is a form of advanced aseptic manufacturing, the container is formed, filled, and sealed in one continuous, automated system. A primary advantage of this technology is reducing human intervention, which reduces the risk of microbial contamination and foreign particulates. BFS has long been used in liquid pharmaceutical applications, including small containers, such as ophthalmic and respiratory drug ampoules, as well as larger volume containers, such as saline or dextrose solutions. More recently, BFS technology has been expanding into injectable and into biologics, including vaccines and monoclonal antibodies (mAbs). Advantages of BFS Technology: • Blow-fill-seal technology enables the manufacture of preservative-free single-unit doses. PreservatI.V.es are recognized as potentially harmful to the sensitive mucosae of the eyes, nose, and lungs, so this is an enormous benefit to sensitive patients. • Another advantage of unit-doses is that they ensure that the patient takes the correct amount of product, especially when dealing with highly potent compounds, i.e. those therapeutically active at a low concentration. • Sterile unit-doses are portable and easy to use individually, excellent properties for today’s active lifestyles. Blow-fill-seal (BFS) single doses are an ideal solution for use in ophthalmology, respiratory diseases, rhinology, antisepsis and wound care. • Blow-fill-seal technology reduces personnel intervention making it a more robust method for the aseptic preparation of sterile pharmaceuticals. BFS is used for the filling of vials for parenteral preparations and infusions, eye drops, and inhalation products. Generally the plastic containers are made up of polyethylene and polypropylene. Polypropylene is more commonly used to form containers which are further sterilised by autoclaving as polypropylene has greater thermostability. • Blow Fill and Seal technology is mainly used for pharmaceutical solutions. The examples of pharmaceutical solutions that can be packaged are injectable solutions, antibiotics, ophthalmological drops, suspensions, infusion solutions, solutions for dialysis, solutions for irrigation and solutions for hemofiltration. The basic concept of BFS is that a container is formed, filled, and sealed in a continuous process without human intervention, in a sterile enclosed area inside a machine. Thus this technology can be used to aseptically manufacture sterile pharmaceutical liquid dosage forms. The process is multi-stepped: first, pharmaceutical-grade plastic resin is vertically heat extruded through a circular throat to form a hanging tube called the parison. This extruded tube is then enclosed within a two-part mould, and the tube is cut above the mould. The mould is transferred to the filling zone, or sterile filling space, where filling needles (mandrels) are lowered and used to inflate the plastic to form the container within the mould. Following the formation of the container, the mandrel is used to fill the container with liquid. Following filling the mandrels are retracted and a secondary top mould seals the container. All actions take place inside a sterile shrouded chamber inside the machine. The product is then discharged to a non-sterile area for labeling, packaging and distribution. The process begins with the Extrusion of plastic granules in the form of a hot hollow pipe of molten plastic called a parison. The following step is the Blow moulding of the container from the plastic granule. The parison is closed between the mould, and the container gets formed either by blowing sterile compressed air or by vacuum or by using vacuum as well as blowing. The container assumes the shape of the cavity in the mould. The container thus produced is open from the top and in its top part, the plastic is still hot and in molten state until the subsequent steps of filling and container sealing. The subsequent step is filling of the formed container from the top, which is still open (and still in a “hot molten” state). Filling nozzles enter from the top of container and filling is done. Filling nozzles are specially designed and constructed to facilitate automatic cleaning and automatic sterilization. Additional functions of filling nozzles are to blow the bottles and also to provide an exhaust path for air in the container. The filling process can be carried out under a shower of sterile filtered air to avoid contamination during filling. The blower on the sterile air shower can have variable pressure which can be made to change automatically so as to maintain constant air pressure under various situations. The sterile air shower is validated at certain air pressure, and an automatic device can maintain the same pressure by automatically modulating the speed of the blower. The next step is sealing the top of the container, which is still open and in a hot molten state. The top gets pressed between head moulds and as a consequence, the top part of the container gets formed, sealed and at the same time, gets cooled. The result is a hermetically sealed container. The final steps are for De-flashing to remove the flash or scrap, trimming the containers and delivering the containers outside the machine. The whole process of extrusion, blowing, filling, sealing and removing scrap takes between 10 to 18 seconds depending upon the type and size of the container. The advantage of the Blow-Fill-Seal process is derived mainly from the fact that container is formed, quickly filled and sealed under protected environment automatically without human intervention. BFS Machine Professional normal saline I.V. fluids packaging machine is the latest production line with most advanced technology. It can automatically finish film feeding, printing, bag making, filling and sealing in one machine. This BFS line can be used to automatically fill 50-5000ml general solution, special solution, dialysis solution, parenteral nutrition, Antibiotics, Irrigation and Disinfectant solution etc. Features: 1. 100% film utilization: No waste edge between bags, reducing both material and energy consumption. 2. Special I.V. bag design: each bag saves 10mm film than others. 3. Reliable heating and welding system: Leakage rate less than 0.03%. 4. Quick changeover: 0.5-1 hour to switch from one size to another. 5. Stable transmission system: only needs 1 control system, 1 HMI and 1 operator. 6. Safe filling nozzle: No solution overflows, no particles generation. 7. Auto faulty rejection system detected by the machine. 8. Production line length is reduced by 1/3, both workshop and air conditioning and cleaning area are reduced by 1/3, greatly reducing the initial investment and future running cost. 9. Simple structure, more stable and reliable performance. Tags I.V. 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Plant capacity: 48,000 Bottles/Day 500 ml each bottlePlant & machinery: 253.00 Lakhs
Working capital: N/AT.C.I: Cost of Project 834.00Lakhs
Return: 29.00%Break even: 52.00%
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Project Opportunities in Production of Condoms. Latex Condom Manufacturing. How to Manufacture Condoms (Lubricated)?

A condom is a sheath-shaped obstruction device used during sexual intercourse. It is very beneficial for reducing the chances of pregnancy. It also decreases the risk of sexually transmitted infections (STIs) such as HIV/AIDS. There are different types of condoms available in the market with the variety of thickness, texture, material, size, color and taste. Condoms are highly effective to reduce the probability of pregnancy if used consistently and correctly. The use of condoms, conceived primarily as a tool for family planning to curtail population growth, has attained a primacy in arresting the spreading of the dreaded disease, AIDS. Increasing awareness regarding sexually transmitted diseases (STD) and HIV is the major driving factor of condom market in U.S. Increasing prevalence of sexually transmitted diseases (STD) and HIV in U.S. is expected to boost the demand for condoms. In addition, increasing the need for family planning coupled with population control is expected to boost the condom market. India condom market is projected to reach $180 million by 2022 on account of rising consumer awareness about HIV/STIs. Moreover, expanding product portfolio of the leading players, growing e-commerce penetration, rising youth population and increasing trend in average marriable age are expected to act as the other major drivers for India condom market in the coming years. The Indian market has terrific potential. Only 21 percent of the country's 138.9 million eligible couples use condoms at present. If the figure were to rise to 50 per cent, demand would spurt to 5,000 million pieces a year. As domestic demand and export potential grow, other companies are also getting into the act. Drivers: • Rise in use of condoms for family planning propels the market growth. • Innovations in male condoms such as anti-ejaculation chemicals increases consumer interest. • Increase in promotional campaigns on the concept of safe sex, further helping the market to grow. The global condom market is expected to cross $11 billion by 2023. Factors such as an increase in per capita discretionary income of people globally and a rapid growing number of dual-income households in developing as well as developed markets are major growth factors for the global condom market. Male contraceptives will remain the dominant segment despite growing popularity of female condom. Further more comprehensive sex education for the most active demographic segment such as the teenagers is a major driver for the condom market growth. The global market for condoms is on a steady growth trend, backed by increasing emphasis on preventing unwanted pregnancy and sexually transmitted diseases; growing popularity of female condoms; and continuous product innovations by leading manufacturers. Other growth drivers include growing preference for condoms as preferred choice of contraception given the potential health hazards of using contraceptive pills; use of condoms by gays; increased and enhanced commercial advertising stressing upon social acceptance; expanding distribution channels; increasing public health campaigns promoting the concept of safe sex and eye-catching and unique packaging by manufacturers. Initiatives taken up by government are also playing a role in propelling market growth. Condom marketing is moving towards emphasis on improving sexual pleasure. Manufacturers in this regard are constantly innovating new products such as super-thin, biodegradable, and custom-fit condoms. Other innovations include glowing as well as sports-themed condoms, female condoms fitted with Bluetooth outer ring, and male condoms with anti-ejaculation chemicals. One of the major objectives behind all these recent product innovations is to significantly enhance the overall pleasure, and position condom as a product that improves sex. Another notable trend in the condoms market is the growing popularity of female condoms. Female condoms are being viewed as a way of providing females with more control over their own sexual safety, and helps in preventing unwanted pregnancy as well as spread of STDs. Condoms, developing countries are expected to drive future growth given the relatively strong economic activity, and higher proportion of younger demographics. Limited condom users and lack of awareness offer untapped opportunities for growth. Condom use specifically in countries like India and China is growing continuously, on account of increasing population, strong economy, and heightened public awareness that condom provides protection against STIs. Asia-Pacific represents the largest as well as the fastest growing market worldwide. Few Indian Major Players are as under: • Cupid Ltd. • Famy Care Ltd. • HLL Lifecare Ltd. • Medtech Products Ltd. • TTK Biomed Ltd. • TTK Healthcare Ltd • TTK Protective Devices Ltd. Tags Condom Production, How to Manufacture Condom? How Condoms are made? Process of Condom Production, Manufacturing Process of Condom, Condom Manufacturing Plant, Condom Factory in India, Condom Making Plant, Condom Manufacturing Unit, Condom Manufacturing Industry, Condoms Production Plant, Manufacturing of Condoms, Production of Condoms, Condoms Manufacture in India, Condom Manufacture, Condom Manufacturing Process, Condom Manufacturing Business, Condom Manufacturing Business Plan, How to Start a Condom Manufacturing Business, Condom Production, I Want to Start Condom Manufacturing Small Scale Plant, Condom Making Machine, Project Report on Condom Manufacturing, Condom Industry, Condom Manufacturing Company, Condom Manufacturing Factory, Condom Manufacturing Project Report, Condom Manufacturing Equipment, Business Plan for Condom Manufacturing Industry, Condom Manufacturing project ideas, Projects on Small Scale Industries, Small scale industries projects ideas, Condom Manufacturing Based Small Scale Industries Projects, Project profile on small scale industries, How to Start Condom Manufacturing Industry in India, Condom Manufacturing Projects, New project profile on Condom Manufacturing industries, Project Report on Condom Manufacturing Industry, Detailed Project Report on Condom Manufacturing Plant, Project Report on Condom Production, Pre-Investment Feasibility Study on Condom Production, Techno-Economic feasibility study on Condom Production, Feasibility report on Condom Production, Free Project Profile on Condom Production, Project profile on Condom Production, Download free project profile on Condom Production, Industrial Project Report, Project consultant, Project consultancy, Business consultancy, Project identification and selection, Preparation of Project Profiles, Business guidance, Business guidance to clients, Startup Project for Condom Production, Contraceptive, Latex Condom Manufacturing, Latex Condom Manufacturing Plant, Male Condom Manufacturing Plant, Latex Condom Manufacture
Plant capacity: 116,666.7 Pcs /DayPlant & machinery: 139.00 Lakhs
Working capital: N/AT.C.I: Cost of Project 400.00Lakhs
Return: 25.00%Break even: 53.00%
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Start Your Own Craft Brewery or Distillery (Startup). Production of Craft Beer. Microbrewery, Pubbrewery, Brew Pub Beer, Beer Manufacturing Plant.

Craft beer is a type of beer brewed in a traditional manner and usually produced in smaller quantities than that of the conventional beer. The production of craft beer generally takes place in regional craft breweries and microbreweries dedicated intensively for craft beer production. The global craft beer market is primarily dominated by the Americas and Europe, with the US being the largest craft beer country-specific market both in terms of volume and revenue. Craft beers are characterized by various innovative and exotic flavors. Craft beers and microbreweries are niche concepts in India which have been growing for past few years and are beginning to take shape now. They are mushrooming in many parts of the country. This is an emerging trend that is certainly attracting middle class Indians, particularly in urban areas. The craft beer market in India is pegged at Rs. 280 crore and may grow to Rs. 4,400 crore by 2020. The big names in the craft beer business including Gateway Brewing Co. (Mumbai), Doolally (Pune/Mumbai), Effingut Brewerkz (Pune), TJ (Pune), The Barking Deer (Mumbai), The White Owl (Mumbai), Irish Village (Pune) and Brewbot (Mumbai) Craft beer is beer the way it was meant to be, the way it was brewed about a hundred years ago. It is made fresh with all natural ingredients and zero chemical or preservative additions. The Indian craft beer industry greatly benefits from the frequent foreign travel that is a part of our IT sector. Craft beer is a beer that is brewed by a small, independent, and traditional brewer. Craft beer is getting more popular in different parts of the world with local and international brewers expanding their network and offering exciting new flavors and tastes. The rising consumer preference for low alcohol by volume (ABV) beer is the main reason for the significant growth of the global craft beer market. As consumers are positively responding and appreciating new styles of flavors of craft beer, the industry will grow rapidly with more players entering the market rapidly. With the use of premium quality raw materials and advanced brewing techniques, brewers have been successful in attracting consumers towards craft beer from mainstream beer. The global craft beer market to grow at a CAGR of 11.04% during the period 2017-2021. The latest trend gaining momentum in the market is increasing exports of craft beer. In the past few years, the American craft beers were not likely to find a place in the beer markets of Europe and Asia. Current scenario, the American craft beers are one of the major reasons behind the increase in demand for craft beers in Asia and Europe. Craft beers are also able to compete successfully with other alcoholic products in the European countries. The demand for exotic, rare, and innovative flavors of craft beers has increased. The growing awareness among the consumers with respect to the wide range of flavors and styles of the craft beer coupled with low alcohol by volume (ABV) percentage is expected to drive demand over the forecast period. Furthermore, the growing number of craft beer enthusiasts in the U.S., Germany, Belgium, UK and Japan is expected to have a positive impact on the market. The U.S. market experienced sluggish growth post-introduction period of the product, owing to the consumer preference for mainstream beer over craft beer. However, advancement in the brewing process and the use of premium quality raw materials has improved the overall characteristics of the product, which has intrigued the attention of the consumers. New varieties and product development have attracted more consumers towards the craft beer and its sale surged globally. For instance, coffee flavored beer and blended beer are found to have high popularity in the Europe. In addition, since the blending tend to lower the shelf-life of the product, they are manufactured and retailed under the craft beer verities. U.S., U.K., Germany and France are amongst the major developed countries holding a major share in the craft beer market. Branding and promotion of flavored variety of craft beer is supporting its sale on a global level. The trend of consumption of craft beer began in western world and spread to other regions rapidly. The increasing purchasing power of consumers, trends of healthy consumption leading to changes in consumption basket of consumers are likely to remain significant. The increasing consumption of craft beer is driven by this desire to socialize and spend some quality time with family and friends. The craft beer is considered fresh and is preferred by mass consumer especially in developed countries and the trend is spreading across the globe. Craft beer has gained its popularity as consumers want to keep experimenting with the various available flavors of beer. Unique flavor and processing method of craft beer is attracting consumer towards its consumption, thus raising its sale. Tags Craft Beer Industry, Craft Beer Production, Brewery Production, Craft Brewing Business, Craft Beer Manufacturing, Beer Manufacturing, How Beer is Made? Craft Brewing Industry, Brewing Industry, Production of Craft Beer, Craft Beer Production Plant, Craft Brewery, Craft Brewing Sector, How to Start Your Own Craft Brewery, Want to Start a Craft Brewery, Starting Your Own Microbrewery, How to Start a Craft Brewery, How to Start a Brewery, How to Start a Successful Craft Beer Brewery, Starting a Craft Brewery, Craft Brewery Startup, Microbrewery Business Plan, How to Open a Brewpub or Microbrewery Business in India, Business Plan for Small Brewery, Business Plan for Starting a Craft Brewery, Start Your Own Craft Brewery or Distillery (Startup), Starting a Brewery Business, Making of Craft Beer, Process of Craft Brewing, Process of Craft Beer Production, Beer Brewing Process, Production Process of Craft Beer, Craft Beer Manufacturing Plant, How to Start Craft Beer Manufacturing Business, Craft Beer Production Plant, Manufacture of Craft Beer, Craft Beer Manufacturing Unit, Craft Beer Manufacturing project ideas, Projects on Small Scale Industries, Small scale industries projects ideas, Craft Beer Manufacturing Based Small Scale Industries Projects, Project profile on small scale industries, How to Start Craft Beer Manufacturing Industry in India, Craft Beer Manufacturing Projects, New project profile on Craft Beer Manufacturing industries, Project Report on Craft Beer Manufacturing Industry, Detailed Project Report on Craft Beer Manufacturing, Project Report on Craft Beer Manufacturing, Pre-Investment Feasibility Study on Craft Beer Production, Techno-Economic feasibility study on Craft Beer Production, Feasibility report on Craft Beer Production, Free Project Profile on Craft Beer Production, Project profile on Craft Beer Production, Download free project profile on Craft Beer Production, Industrial Project Report, Project consultant, Project consultancy, Startup Project for Craft Beer Production, Brewery Startup Consultant, Brewery Consultants in India, Micro Brewery Setup Cost India, Microbrewery Manufacturer, Consultant for Beer Plant, Micro Brewery Equipments and Beer Brewing Equipments, How to Start a Craft Brewery Business. Production of Craft Beer, Craft Beer Manufacturing Plant, Setting up Microbrewery in India, Microbrewery, Pubbrewery, Brew Pub Beer, Beer Manufacturing
Plant capacity: -Plant & machinery: --
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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