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

Automotive Industry: Project Opportunities in Tamil Nadu

 

PROFILE:

The automotive industry in India is one of the largest in the world and one of the fastest growing globally. India's passenger car and commercial vehicle manufacturing industry is the seventh largest in the world, with an annual production of more than 3.7 million units in 2010. Automotive industry is the key driver of any growing economy. It plays a pivotal role in country's rapid economic and industrial development. It caters to the requirement of equipment for basic industries like steel, non-ferrous metals, fertilisers, refineries, petrochemicals, shipping, textiles, plastics, glass, rubber, capital equipments, logistics, paper, cement, sugar, etc. It facilitates the improvement in various infrastructure facilities like power, rail and road transport. Due to its deep forward and backward linkages with almost every segment of the economy, the industry has a strong and positive multiplier effect and thus propels progress of a nation. The automotive industry comprises of the automobile and the auto component sectors.

 

RESOURCES:

Tamil Nadu is being popularly hailed as “Detroit” of India as it has a large Automobile and Ancillary sector. Automobile industry plays a crucial role in the State economy and has been one of the key driving factors, contributing 8% to State GDP and giving direct employment to 2,20,000 people. More than100 companies in the Automotive and Auto Ancillary industry are located in this state, maintaining highest production norms by implementing internationally recognized quality standards. Chennai has emerged as India's largest automobile and auto components exporter in India. Hyundai has made Chennai the manufacturing and export hub for its small cars. Tamil Nadu has the largest auto components industry base. Currently, Tamil Nadu accounts for above 32% of India's production capacity. Automobile manufacturers operate "Just - in-Time" avoiding inventory costs. The state has a well-developed automotive and auto component industry. It is the hub of Indian automobiles industry. Several automobile and automobile ancillary units are located in Tamil Nadu. It has manufacturing facilities across the automotive spectrum from tractors to battle tanks. Global auto majors like, Hindustan Motors and Mitsubishi have commenced production plants. Ashok Leyland and TAFE have set up expansion plants in Chennai. Fortune 500 companies such as Hyundai and Ford have established manufacturing facilities in the state.

 

GOVERNMENT POLICIES:

Government brought out a very innovative Policy "Ultra Mega Policy for Integrated Automobile Projects" that offers a very attractive package of support to automobile projects investing more than Rs.4000 Crores. As a result of this Policy, since May 2006, investments attracted by Tamil Nadu is automobiles & components manufacturing is Rs.21900 Crores, almost 5 times of the Investments attracted during previous 15 years (May 1991-April 2006). The total employment potential in these new projects is: 1.20 lakhs (direct + Indirect). Govt of India is currently implementing a project "National Automotive Testing R&D Infrastructure Project" (NATRIP) in Oragdam near Chennai at a project cost of about Rs.450 Crores. This project aims at facilitating introduction of world-class automotive safety, emission and performance standards in India as also ensure seamless integration of our automotive industry with the global industry.

 

Textile: Project Opportunities in Tamil Nadu

 

PROFILE:

The textile industry is primarily concerned with the production of yarn, and cloth and the subsequent design or manufacture of clothing and their distribution. The raw material may be natural or synthetic using products of the chemical industry. India Textile Industry is one of the leading textile industries in the world. Though was predominantly unorganized industry even a few years back, but the scenario started changing after the economic liberalization of Indian economy in 1991. The opening up of economy gave the much-needed thrust to the Indian textile industry, which has now successfully become one of the largest in the world.

RESOURCES:

Tamil Nadu has traditional strengths in the textile sector. In the post-quota abolition regime, the Textile Industry has tremendous opportunities for growth as well as challenges to be met. Availability of cotton at fair prices and at right quality, the backlog in modernization, supply of inputs particularly credit and power at reasonable rates etc. are all essential for the textile industry to be competitive in an increasingly uncertain trading environment. The Handlooms, Power looms, Hi-Tech Weaving Parks, Garments & Hosiery, Processing Apparel Park are important components of the textile industry.

GOVERNMENT POLICIES:

 

The Ministry of Textiles in India has formulated numerous policies and schemes for the development of the textile industry in India. The government of India has been following a policy of promoting and encouraging the handloom sector through a number of programmes. Most of the schematic interventions of the government of India in the ninth and tenth plan period have been through the state agencies and co-operative societies in the handloom industries. Some of the major acts relating to textile industry include: Central Silk Board Act, 1948, The Textiles Committee Act, 1963, The Handlooms Act, 1985, Cotton Control Order, 1986, The Textile Undertakings Act, 1995Government of India is earnestly trying to provide all the relevant facilities for the textile industry to utilize its full potential and achieve the target. The textile industry is presently experiencing an average annual growth rate of 9-10% and is expected to grow at a rate of 16% in value, which will eventually reach the target of US $ 115 billion by 2012. The clothing and apparel sector are expected to grow at a rate of 21 %t in value terms.

 

Leather: Project Opportunities in Tamil Nadu

 

PROFILE:

Leather Industry occupies a place of prominence in the Indian economy in view of its massive potential for employment, growth and exports. There has been increasing emphasis on its planned development, aimed at optimum utilisation of available raw materials for maximising the returns, particularly from exports.  The leather and leather products industry is one of India’s oldest manufacturing industries that catered to the international market right from the middle of the nineteenth century. The leather industry employs about 2.5 million people and has annual turnover of Rs. 25,000 crores. India is the third largest leather producer in the world after China and Italy

RESOURCES:

Leather industry in Tamil Nadu is considered to be very ancient and some say it is of more than two centuries old. The state accounts for 70 per cent of leather tanning capacity in India and 38 per cent of leather footwear and components. The exports from Tamil Nadu are valued at about US $ 762 million, which accounts for 42 per cent of Indian leather exports. Hundreds of leather and tannery industries are located around Vellore, Dindigul and Erode its nearby towns such as Ranipet, Ambur, Perundurai, Nilakottai and Vaniyambadi. The Vellore district is the top exporter of finished leather goods in the country. That leather accounts for more than 37% of the country's Export of Leather and Leather related products such as finished leathers, shoes, garments, gloves and so on. The tanning industry in India has a total installed capacity of 225 million pieces of hide and skins of which Tamil Nadu alone contributes to an inspiring 70%. Leather industry occupies a pride of place in the industrial map of Tamil Nadu. Tamil Nadu enjoys a leading position with 40% share in India's export.

GOVERNMENT POLICIES:

Government policies in support of the industry:

• The entire leather sector is now de-licensed and de-reserved, paving way for expansion on modern lines with state-of-the art machinery and equipment

• 100% Foreign Direct Investment and Joint Ventures permitted through the automatic route

• 100% repatriation of profit and dividends, if investments made in convertible foreign currency. Only declaration to this effect to the Reserve Bank is required.

• Promotion of industrial parks (one leather park in Andhra Pradesh, one leather goods park in West Bengal, one footwear park in Tamil Nadu and one footwear components park in Chennai).

• Funding support for modernizing manufacturing facilities 

• Funding support for establishing design studios

• Duty free import of raw materials (namely raw skins, hides, semi finished leather and finished leather) and of embellishments and components under specific scheme

• Concessional duty on import of specified machinery for use in leather sector

• Duty neutralization / remission scheme

Food Processing: Project Opportunities in Tamil Nadu

 

PROFILE:

India is the world's second largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. The Indian food processing industry stands at $135 billion and is estimated to grow with a CAGR of 10 per cent to reach $200 billion by 2015. The food processing industry in India is witnessing rapid growth. In addition to the demand side, there are changes happening on the supply side with the growth in organised retail, increasing FDI in food processing and introduction of new products. India's food processing sector covers fruit and vegetables; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products, Soya-based products, mineral water, high protein foods etc.

RESOURCES:

Tamil Nadu has historically been an agricultural state and is a leading producer of agricultural products in India. In 2008, Tamil Nadu was India's fifth biggest producer of Rice. The total cultivated area in the State was 5.60 million hectares in 2009-10. The state is the largest producer of bananas, flowers, tapioca, the second largest producer of mango, natural rubber, coconut, groundnut and the third largest producer of coffee, sapota, Tea and Sugarcane. Tamil Nadu's sugarcane yield per hectare is the highest in India. Among states in India, Tamil Nadu is one of the leaders in livestock, poultry and fisheries production. Tamil Nadu had the second largest number of poultry amongst all the states and accounted for 17.7% of the total poultry population in India. With the third longest coastline in India, Tamil Nadu represented 27.54% of the total value of fish and fishery products exported by India in 2006.

GOVERNMENT POLICIES:

Tamil Nadu government has come out with following policies :

·         Raise in processed foods in the market from 1% to 10%.

·         Raise value addition levels from 7% to 30 %

·         Food processing industry is one of the growing areas identified for exports. Free Trade Zones (FTZ) and Export Processing Zones (EPZ) have been set up with all infrastructures. Also, setting up of 100% Export oriented units (EOU) is encouraged in other areas. They may import free of duty all types of goods, including capital foods.

·         Capital goods, including spares up to 20% of the CIF value of the Capital goods may be imported at a concessional rate of Customs duty subject to certain export obligations under the EPCG scheme, Export Promotion Capital Goods. Export linked duty free imports are also allowed.

·         Units in EPZ/FTZ and 100% Export oriented units can retain 50% of foreign exchange receipts in foreign currency accounts.

·         50% of the production of EPZ/FTZ and 100% EOU units is saleable in domestic tariff area.

Paper industry: Project Opportunities in Tamil Nadu

 

PROFILE:

Paper Industry in India is riding on a strong demand and on an expanding mood to meet the projected demand of 8 million tons by 2010 & 13 million tons by 2020. The Indian Paper Industry is a booming industry and is expected to grow in the years to come. The usage of paper cannot be ignored and this awareness is bound to bring about changes in the paper industry for the better. It is a well known fact that the use of plastic is being objected to these days. The reason being, there are few plastics which do not possess the property of being degradable, as such, use of plastic is being discouraged. Excessive use of non degradable plastics upsets the ecological equilibrium. The Paper industry is a priority sector for foreign collaboration and foreign equity participation upto 100% receives automatic approval by Reserve Bank of India. Several fiscal incentives have also been provided to the paper industry, particularly to those mills which are based on non-conventional raw material.

RESOURCES:

Tamil Nadu continues to be one of the forerunners in the production of paper and paper products. There are 74 paper mills in operation in Tamil Nadu. The total paper production was 3.7 lakh tonnes in 2005 06 which accounts for 17.30% share of the national production, next only to Andhra Pradesh.  As the country’s forest cover is much below the desired level, the Government of Tamil Nadu established TNPL in 1979 to manufacture newsprint and paper using bagasse (sugarcane waste) as the primary raw material. This is the largest paper mill in India with an installed capacity of 230,000 TPA. Tamil Nadu Newsprint and Papers Limited (TNPL) was established by the Government of Tamil Nadu to produce newsprint and writing paper using bagasse, a sugarcane residue.

GOVERNMENT POLICIES:

Several policy measures have been initiated in recent years to remove the bottlenecks of availability of raw materials and infrastructure development. To bridge the gap of short supply of raw materials, duty on pulp and waste paper and wood logs/chips have been reduced. In the year 1979, Government of Tamil Nadu established Tamil Nadu Newsprint and Papers Limited as a public limited company under the Companies Act, 1956. Commencing production in 1984, with the support of Government of Tamil Nadu, the company has made rapid strides and has emerged as the largest paper mill in India at a single location. With the on-going expansion plan to increase paper production capacity from the present 2.45 lakh tons to 4 lakh tons per annum, TNPL is poised to become a Rs.2000 crores company by 2011-12.

Cement Industry: Project Opportunities in Tamil Nadu

 

PROFILE:

India is the second largest producer of quality cement in the world. The cement industry in India comprises 139 large cement plants and over 365 mini cement plants. Industry's capacity at beginning of the year 2008-09 was 198.30 million tonne (MT) which increased to 219 MT at the close of the year. The initiatives provided by the Government of India to various infrastructure projects, road network and housing activities will provide required stimulus towards the growth of cement industry in India. Domestic demand for cement has been increasing at a fast pace in India & it has surpassed the economic growth of the country.

RESOURCES:

Tamil Nadu is a leading producer of cement in India. It has 13 major cement factories.  It is a home for leading brands in the country such as Chettinad Cements (Karur), Dalmia Cements (Ariyalur), Ramco Cements (Madras Cement Ltd.), India Cements (Sankakari, Ariyalur), Grasim etc. The production of cement in the State increased from 126 lakh tonnes in 2004-05 to 142.89 lakh tonnes in 2005-06 with a growth rate of 13.4% accounting for 10.08 % of cement production at the national level, occupying the 5th place.  However, it may be noted that, the cement production in the private sector has been showing an increasing trend whereas production in the public sector has decreased to 7.85 lakh tonnes from 8.06 lakh tonnes in the public sector for the corresponding period.

GOVERNMENT POLICIES:

Government policies have affected the growth of cement plants in India in various stages. The control on cement for a long time and then partial decontrol and then total decontrol has contributed to the gradual opening up of the market for cement producers. The prices that primarily control the price of cement are coal, power tariffs, railway, freight, royalty and cess on limestone. Interestingly, all of these prices are controlled by government. Cement industry consumes about 5.5bn units of electricity annually while one ton of cement approximately requires 120-130 units of electricity. Power tariffs vary according to the location of the plant and on the production process. The state governments supply this input and hence plants in different states shall have different power tariffs. Another major hindrance to the industry is severe power cuts.

 

Waste management: Project Opportunities in Andhra Pradesh

PROFILE:

Waste utilization, recycling and reuse plays a major role in limiting resource consumption and the environmental impact of waste. Recycling is an integral part of any waste management system as it represents a key utilization alternative to reuse and energy recovery (Waste-to-Energy). Which option is ultimately chosen depends on the quality, purity and the market situation. Hazardous waste management is a new concept for most of the Asian countries including India. The lack of technical and financial resources and the regulatory control for the management of hazardous wastes in the past had led to the unscientific disposal of hazardous wastes in India, which posed serious risks to human, animal and plant life.

 

RESOURCES:

Municipal Solid Waste (MSW) generation in Chennai, the fourth largest metropolitan city in India, has increased from 600 to 3500 tons per day (tpd) within 20 years. The highest per capita solid waste generation rate in India is in Chennai (0.6 kg/d). Chennai is divided into 10 zones of 155 wards and collection of garbage is carried out using door-to-door collection and street bin systems. The collected wastes are disposed at open dump sites located at a distance of 15 km from the city.  Recent investigations on reclamation and hazard potential of the sites indicate the need for the rehabilitation of the sites.  Chennai is the first city in India to contract out MSWM services to a foreign private agency- ONYX, a Singapore based company. The scope of privatization includes activities such as sweeping, collection, storing, transporting of MSW and creating public awareness in three municipal zones.  ONYX collects about 1100 Metric tons of waste from three zones per day and transports it to open dumps.

 

GOVERNMENT POLICIES:

National policy on waste management is set out in the October 1998 policy statement on waste management - Changing our Ways. It outlines the Government's policy objectives in relation to waste management, and suggests some key issues and considerations that must be addressed to achieve these objectives. The policy is firmly grounded in an internationally recognised hierarchy of options, namely prevention, minimisation, reuse/recycling, and the environmentally sustainable disposal of waste which cannot be prevented or recovered.

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Profitable Investment Opportunity in Xanthan Gum (Food and Oil Drilling Grade)

Profitable Investment Opportunity in Xanthan Gum (Food and Oil Drilling Grade). Industrial Production of Xanthan Gum Xanthan gum is a polysaccharide, which is manufactured from a wide range of sugars using fermentation process. It is mainly used as a thickener and stabilizer to improve the structural properties of the food products. Owing to these factors, they are used in the heavy end industries such as food & beverages, oil & gas, pharmaceuticals, and others. Xanthan gum is a natural high molecular weight anionic polysaccharide and an important industrial biopolymer manufactured by the process of fermentation. Due to its unique properties, it is used in a variety of applications such as food and beverages, oil and gas, pharmaceuticals, personal care and cosmetics, agrochemicals, pet food, textiles printing, and chemical applications such as adhesives, ceramic glazes, foundry compounds, emulsions, lubricants, paints and coatings, and pesticides. Xanthan gum consists of repeating units of five carbon ring structures (Pentasaccharides), containing glucuronic acid, mannose, and glucose (in molar ratio 2:2:1). Xanthan gum is manufactured by fermentation of sugars such as lactose, sucrose or glucose. After fermentation, the polysaccharide formed is extracted through precipitation from a nutrition/growth medium by adding isopropyl alcohol, drying and then grounding the extract into fine powder. Xanthan gum is formed by adding the powdered polysaccharide into a liquid medium. Uses: • Xanthan gum is a sugar-like compound made by mixing aged (fermented) sugars with a certain kind of bacteria. It is used to make medicine. • Xanthan gum is used for lowering blood sugar and total cholesterol in people with diabetes. It is also used as a laxative. • Xanthan gum is sometimes used as a saliva substitute in people with dry mouth. • In manufacturing, xanthan gum is used as a thickening and stabilizing agent in foods, toothpastes, and medicines. Xanthan gum is also an ingredient in some sustained-release pills. Oil & Gas firms are actively involved in setting up enhanced oil recovery (EOR) methods to improve crude oil & natural gas production from potential exhausting reserves that can propel industry expansion. Rising demand for food & beverages owing to fast growing population and improved customer lifestyle in BRICS nations is predicted to fuel industry growth. Food & beverages segment was evaluated at more than $8.51 trillion for 2004 and crossed $15.1 trillion mark for 2015. Increasing significance of cosmetic items like lotions, denture cleaners and shampoos along with growing consciousness about risks associated with synthetic personal care items are predicted to propel Xanthan gum market globally. Xanthan Gum is the bacterium which secrets polysaccharide which in is Xanthan Gum, which is commonly used as a food thickening agent (salad dressing) and a stabilizer. Xanthan Gum scientific name is Xanthomonas. Xantham Gum is produced by fermenting glucose, sucrose or lactose, followed by precipitation of polysaccharide from a growth medium with isopropyl alchohol, dried and ground into a fine powder. Later, it is added to a liquid medium to form the gum. Change and growth in the food and beverage industry – including the demand for gluten-free products and increased consumption of convenience foods – is helping to expand the use of xanthan gum worldwide. The global market for xanthan gum is expected to top $972 million by 2022. Increasing use of xanthan gum as an emulsion across a wide array of applications including salad dressings, toppings, relishes, sauces, non-fat milk, dairy products, baked and frozen foods coupled with growth of food & beverage industry is anticipated to augment market growth. rowing population, changing lifestyle of consumers and rising number of restaurants and cafes especially in India and China coupled with increasing use of xanthan gum as a low price alternative to guar gum in a wide range of food applications is expected to result in high demand for xanthan gum. Increasing demand for petroleum and petrochemicals is expected to result in increasing use of xanthan gum over the forecast period as it is an important component employed in drilling fluids. Xanthan gum is primarily used to retard drug release in tablets and is compatible with numerous stabilizers and thickeners. Growth in the pharmaceutical industry is likely to propel xanthan gum demand over the next six years. The food and beverage industry has and is likely to continue showing a heavy support for the global xanthan gum market in terms of demand. Moreover, the expansion of the food and beverage industry into a greater variety of convenience foods is expected to boost the global xanthan gum market even further. Another key driver for the global xanthan gum market is the inherent superiority of xanthan gum to other hydrocolloids. However, current restraints experienced by the global xanthan gum market include the reinforced anti-dumping policies by the U.S. and other developed economies on the import of these products from Austria and China, along with the overall mistrust of quality of xanthan gum supplied by China, which is the leading producer in the market. In terms of volume, the global xanthan gum market is expected to expand at a CAGR of 7.3% for the above forecast period. The key end users of the global xanthan gum market include the industries of food and beverage, oil and gas, pharmaceuticals, personal care, and other minor end users such as lab research prospects and agrochemicals. The extremely high use of xanthan gum in the food and beverage industry is spread across the areas of bakery and confectionary, dairy and ice creams, meat and fish, beverages, and sauces and dressings. The increasing population and a growing economically-active population in Asia Pacific is further increasing demand for on-the-go foods. Increasing government investment in healthcare is also boosting pharmaceutical sales across the globe, which is driving the xanthan gums market. A mounting demand for gluten-free foods is also driving the xanthan gum market. Xanthan gum is used in the gluten-free baking process for several products such as cookies, cakes and pancakes, muffins and quick breads, breads, pizza dough, and salad dressings. Among these, xanthan gum is used in large quantities in the preparation of pizza dough. The nutritional characteristic of xanthan gum further increases its acceptability, as it contains carbohydrates and fiber. 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Opportunities in Production of Monochloroacetic Acid (MCAA)

Opportunities in Production of Monochloroacetic Acid (MCAA). An essential ingredient in the Chemical Industry Monochloroacetic Acid (MCAA) is a specialty organochlorine compound, also known as chloroacetic acid. It is the building block in organic synthesis, and is hence used in the production of various chemical compounds, drugs, and agrochemicals. Significant amount of MCAA is consumed for the production of carboxymethylcellulose (CMC), thioglycolic acid, USP grade glycine, and technical grade glycine, which is a major precursor to the production of glyphosate. Monochloroacetic acid is a colorless, crystalline, water-soluble compound obtained by the reaction of acetic acid with chlorine. It is used to manufacture versatile intermediates required to synthesize chemicals such as carboxymethyl cellulose (CMC), 2, 4-D, glycine, thioglycolic acid, synthetic caffeine and barbiturates. Monochloroacetic acid is a halogenated derivative of acetic acid that is used as a building block in organic synthesis. It exists in three crystal modifications: alpha, beta and gamma. Commercial MCA is produced in the alpha form and is available as flakes or in water solution. Major end-user industries for monochloroacetic acid include oil drilling, personal care, agrochemicals, construction and dyes. Monochloroacetic acid is used on a large scale in the production of carboxymethyl cellulose. The extensive use of carboxymethyl cellulose in oil drilling is forecast to drive the global monochloroacetic acid market. The rising demand for agrochemicals such as glyphosate is also expected to augment the monochloroacetic acid market. However, the manufacturers of monochloroacetic acid are constantly challenged by the volatility of the prices of raw materials such as methanol and acetic acid. This will curtail the growth of the market. Chloroacetic acid is used widely in various activities in mining. The rising taconite and iron ore mining activities will create new opportunities for the global monochloroacetic acid market. Monochloroacetic acid (MCA) is broadly used in chemical industries in the manufacture of carboxymethyl cellulose (CMC). Hence, the demand for CMC is expected to rise exponentially due to an increase in industrial applications. Moreover, rising population and increasing demand for agricultural products is expected to trigger growth of monochloroacetic acid. Increasing demand from glyphosate is also likely to boost the demand for monochloroacetic acid during the years to come. Cellulosics, agrochemicals, thioglycolic acid, surfactants and others are the key application segments of monochloroacetic acid market. Cellulosics was the largest application market for monochloroacetic acid market. Cellulosics segment accounted for over 30.0% share of total market, in 2014. Agrochemicals application segment is expected to be the second largest segment in this market. Thioglycolic acid, surfactants and others application are also expected to dominate the global monochloroacetic acid market. Being a major intermediate constituent in the synthesis of organic components, it is mainly applied in the production of carboxymethylcellulose and starch as the thickening agent for paper, oil drilling, detergents, pharmaceutical, and food applications. Monochloroacetic acid is also used in the manufacturing of insecticides such as dimethoates, as a raw material for betaine personal care product, in agrochemical production such as MCPA herbicides, thioglycolic acid ester as additives in cosmetics, and thioglycolic acid for UV-light stabilizer and even in synthetics caffeine, glycine, and vitamin and malonates production. This vast scope of application demands large amounts of monochloroacetic acid. The global monochloroacetic acid market is mainly driven by increasing demand for the production of carboxymethylcellulose, thioglycolic acid, and glycine. Significant amount of monochloroacetic acid is consumed for the production of CMC, also called as cellulose gel. Use of monochloroacetic acid imparts viscosity boosting and emulsion stabilization properties. Apart from these properties, use of MCAA in CMC production offers alteration of flow and texture of the product. Such attributes impel the use of CMC in the food & beverages industry for applications such as powdered drinks, alcoholic and non-alcoholic beverages, and ice-cream. CMC is also widely preferred over synthetic and natural glues, which is expected to drive its demand, and in turn is expected to increase the consumption of MCAA for CMC production. These factors are likely to boost the revenue growth of the global monochloroacetic acid market over the forecast period. Monochloroacetic acid is a basic raw material for the production of various herbicides and insecticides. Chlorpyrifos and triclopyr are widely used insecticides that are also derived from MCAA. However, the MCAA route to produce symtet generates significant amount of hazardous waste. Also, production facilities that are operated by the MCAA route face challenges such as high operation and maintenance costs that arise due to the corrosive nature of MCAA. Hence, symtet production by the MCAA route is a major challenge for producers operating in the global monochloroacetic acid market. Pharmaceutical, paper, textiles, personal care, food & beverages, oil & gas, and chemical industries are the primary drivers for the global monochloroacetic acid market. These rapidly growing industries, especially in China and India, will foresee huge industry growth in the coming years. Growing textiles industry on account of changing fashion trends, increasing population and purchasing power parity will further fuel the monochloroacetic acid market demand in future years. Rapid growth in the above-mentioned industries has made China a preferred destination for relocation of global manufacturing facilities. Furthermore, China and India are also agricultural economies and produces synthetic fibers, jute bags, cloth, and yarn. Presence of several such industries are resulting in greater monochloroacetic acid market demand in these countries. Growing population in emerging and change in fashion sense resulted in surge in demand for clothing and textile industry. This also expected to have positive impact on the overall market. Textile industry uses this acid as an intermediate for the fusion of indigo dyes. Betaine amphoteric surfactant which is a byproduct of monochloroacetic acid is used in the production of various hair products. Plastic industry uses monochloroacetic acid for processing PVC resins. Oil & gas industry includes this acid in drilling purposes, which requires carboxy methyl cellulose in bulk. Such diverse range of applications is expected to srive the overall monochloroacetic acid demand over the next seven years. However, volatile raw material prices may emerge as a major concern for the market growth. Ethanol which is one of the most important raw materials used in the production process of this acid is a petroleum product. Agrochemicals segment will witness growth with over 2% CAGR in the forecast period, the segment finds maximum usage in agriculture based economies such as India, China, and Brazil. The monochloroacetic acid market in these regions will grow at an exponential rate owing to high usage of agrochemicals for crop safety and soil fertility. Moreover, they also help to enhance the crop properties and give maximum yield to the farmers. These factors will drive the regional monochloroacetic acid market largely. Tags Manufacture of Monochloroacetic Acid, Monochloroacetic Acid Manufacturing Process, Monochloroacetic Acid Uses, Process for Preparing Monochloroacetic Acid, Monochloroacetic Acid, Chloroacetic Acid, Monochloroacetic Acid Production, Monochloroacetic Acid (Mca) Manufacturing Plant, Monochloroacetic Acid Production Process, Process for Production of Monochloroacetic Acid, Start MCA Production in India, Mono Chloro Acetic Acid, Monochloroacetic Acid Manufacture, Production of Chloroacetic Acid, Chemicals and Petrochemicals Industry Business Opportunities, Monochloroacetic Acid Market Opportunities, Production of Chloroacetic Acid, Mono Chloro Acetic Acid Plant, Process for Manufacturing Monochloroacetic Acid, Chloroacetic Acid Production, Chloroacetic Acid Manufacturing Business, Chloroacetic Acid (Monochloroacetic Acid), Monochloroacetic Acid Industry, Manufacture of MCAA (Monochloroacetic Acid), Monochloroacetic Acid Production project ideas, Projects on Small Scale Industries, Small scale industries projects ideas, Chloroacetic Acid Manufacturing Based Small Scale Industries Projects, Project profile on small scale industries, How to Start Chloroacetic Acid Manufacturing Industry in India, Monochloroacetic Acid Production Projects, New project profile on Chloroacetic Acid Manufacturing industries, Project Report on Chloroacetic Acid Manufacturing Industry, Detailed Project Report on Monochloroacetic Acid Production, Project Report on Chloroacetic Acid Manufacturing, Pre-Investment Feasibility Study on Monochloroacetic Acid Production, Techno-Economic feasibility study on Chloroacetic Acid Manufacturing, Feasibility report on Chloroacetic Acid Manufacturing, Free Project Profile on Monochloroacetic Acid Production, Project profile on Monochloroacetic Acid Production, Download free project profile on Monochloroacetic Acid Production, Startup Project for Chloroacetic Acid Manufacturing, Project report for bank loan, Project report for bank finance, Project report format for bank loan in excel, Excel Format of Project Report and CMA Data, Project Report Bank Loan Excel
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Return: 1.00%Break even: N/A
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Production of Razor Blade (Double Edge)

Production of Razor Blade (Double Edge). Global Men's Grooming Market is estimated to be worth about 29.14 billion U.S. Dollars A razor blade is a blade used in a razor, typically a flat piece of metal with a sharp edge or edges used in a safety razor which is used to remove unwanted hair from the face or body. A razor is a bladed tool primarily used in the removal of unwanted body hair through the act of shaving. Kinds of razors include straight razors, disposable razor; the double-edged safety razor is a razor with a slant bar that can be used on both sides, with two open edges. The blade on the double-edged safety razor is slightly curved to allow for a smoother and cleaner shave. Indian men's grooming market will grow at a CAGR of 22% by 2020. This growth is mainly due to the rising need to look well groomed, increasing per capita income, and rapid urbanization. The demand for men's grooming market has seen a rise in the last few years because of increased consciousness of their looks among the male customer. Also as more than 50% of the population is under the age group of 30, the industry has huge local market. Moreover, rising urban middle class population, and improved distribution channels in tier II and tier III cities, are also expected to stimulate growth in the market through 2020. Men's grooming product can be divided into Bath & Shower products, Hair Care, Skin Care, Deodorants and Shaving products. Shaving products currently control the largest market share in terms of revenue in Indian men's grooming market. Indian shaving products market is expected to grow at a CAGR of 20% till 2020 and maintain its market share position even in 2020. India exported US$ 45.71 million worth of safety razor blades and the overall exported quantity was 4 million Kgs. in FY 2014-15. UAE, Singapore, Ghana, Nepal and Sudan were the top five nations importing Indian safety razor blades in 2014-15. India imported US$ 41.35 million worth of safety razor blades and the overall imported quantity was 1.30 million kgs. In FY 2014-15. Germany, China, Poland, Egypt and Mexico were the top five nations exporting safety razor blades to India in 2014-15. Indian men personal care market is moving beyond basic shaving products and demand for beard and skincare products is increasing among male consumers, said a few e-commerce companies today. "The men’s grooming market is going through a surge. The global Disposable Razor Blades Market valuation is expected to rise by 2025. The changing fashion trends and increasing emphasis on external appearances are expected to drive market demand from 2017 to 2025. Advances in razors and blades coupled with rising demand for female shaving products can bolster market growth from 2013 to 2025 (forecast period). Manufacturers in the industry are introducing blades with environment-friendly materials in order to provide a smooth shave. Blades are designed to be more flexible to cater to the contours of faces of men. Rise in disposable incomes of consumers and developments in blades can augur the market for disposable razor blades during the forecast period. Men’s grooming is expected to grow at a CAGR of 5% at constant 2016 prices over the forecast period, with sales set to reach INR105.5 billion in 2021. The expected continued strong performance of the Indian economy over the forecast period will help drive consumer income levels and spending. Consumers with increased disposable incomes over the forecast period are expected to shift from traditional blades to disposable razors and system razor sets. The worldwide disposable razor blades market is segmented by product, end user, and region. By products, the market is divided into single and double edge razor blades. End user segments in the market are categorized into male and female. Tags How to Start a Razor Blade Manufacturing Company, Double Edge Razor Blades, How Safety Razor is made, Shaving Razor Blade Manufacturing Project, Safety Razor Blades Industry, Razor Blade Production, Razor Blade Manufacturing Cost, Disposable Razor Manufacturing Process, Shaving Blade Manufacturing, Shaving Blade Manufacturing Plant, Shaving Blade Manufacture in India, Razor Blades Manufacture, Safety Double Edge Razor Blade Plan, Razor Blade Making, Manufacturing of Razor Blade, Razor Blade Company, Safety Razor, Disposable Razor Blades, Razor Blade Manufacturing Plant, How Double Edged Razor Blades are made? 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Auto Lamps (Auto Tail Lights)

Automatic headlamps are a modern convenience in many of today's cars. They eliminate the need for the driver to manually switch on or off the headlamps in most driving situations. The names of the automatic headlamp option differ between car manufacturers, but they perform the same service for the driver. A tail light or a tail lamp is the part of the lighting system of a vehicle which is attached in front and at the rear part of the vehicle. They usually come in pairs (left and right). It has different types for different functions. The signal lights, or turn lights, are parts of the tail lamp assembly. Usually yellow in color because of regulatory standards, these indicate whether the vehicle is going to turn right or left. They are also used during times of emergency. The reverse lights are also parts of the tail lamp assembly to indicate if the vehicle is backing up. The reverse lights automatically turn on when the driver puts the vehicle in reverse shift. These lights often have the highest illumination in the tail lamp assembly but not as bright as the head lights. India Automotive Lighting Market is expected to garner $3.1 billion by 2022, registering a CAGR of 5.6% from 2016-2022. Lighting is a vital component in automotive vehicles, playing an important role in automotive safety. The vehicle consists of different lights to increase the visibility in darkness and bad weather conditions along with the increase in conspicuity. The lighting system comprises lighting and signaling devices, which are placed at different locations such as front, rear, side, and interiors. Lighting provides illumination for the driver and helps other vehicle drivers and pedestrians on the road to detect the vehicle’s position, direction of movement, and size. It also enhances the aesthetic looks to both interior and exterior parts of the vehicle. The global automotive coatings market is projected to witness a CAGR of 6.31% during the forecast period to reach a total market size of US$21.006 billion by 2023, increasing from US$14.551 billion in 2017. Automotive coating enhances the appearance and durability of automotive and protecting from the harsh environmental condition including acid rain and extreme temperature. Increasing automobile production on account of population growth and rising income levels is expected to aid in market expansion.
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Return: 1.00%Break even: N/A
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Piston Rings for IC Engines (Cast Iron)

A piston ring is an expandable split ring used to provide a seal between the piston an the cylinder wall. Piston rings are commonly made from cast iron. Cast iron retains the integrity of its original shape under heat, load, and other dynamic forces. The piston rings, which are also called as comparison rings are fit closely in the grooves provided in the piston. These rings are worn out before the wearing of the piston and cylinder wall. These rings form an effective seal and at the same time transmit heat from crown to the cylinder walls. Hence keep the temperature within the workable limit. There should be at least two piston rings in each piston of an internal combustion engine. For the higher capacity engines, there are four or even six piston rings have been used. The number of rings is depending upon the capacity and size of the I. C. Engine. In order to achieve the effective seal against lube oil and high-pressure gases leakage, a great pressure must be exerted, by each ring on the cylinder walls. Piston assembly is a heart of the IC engine. The piston assembly is composed of five basic components which are piston, piston rings, gudgeon pin, connecting rod and bearings. The piston in general is casted out of aluminium alloys and has the responsibility of take all rigorous forces. The piston is connected to crank through connecting rod pivoting around the gudgeon pin. The piston rings are split rings assembled into the grooves on the outer diameter of the piston. The piston rings is a combination of three rings serving specific purpose in running engine. The top most groove ring is known as compression ring or pressure ring which provide sealing above the piston and prevents the gas leakage from the combustion side. The second or intermediate ring act as lubrication control ring and provides enough lubrication to the compression ring and prevent scuffing. The third ring is known as oil ring or oil control ring, these rings controls the amount of lubricating oil passing up or down the cylinder walls. Also, the piston rings act as a medium to transfer heat generated while combustion and provide overall support to the piston in the cylinder. There are over 1.5 billion on road vehicles around the world which creates substantial aftermarket opportunities for the piston rings manufacturers. Also, over 110 million vehicle are produced annually among which over 70% are equipped with multi cylinder engines. The global automotive market is growth at a pace ranging between 3.5% - 4.5% annually. Growing automotive sales coupled with growth in population and affordability is anticipated to play a key role in the growth of global piston rings market. Also, piston rings are among the essential components which have the direct influence on the vehicle performance, engine power and efficiency, hence required frequent monitoring as they contribute to around 24% over all friction generated in the engine.
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Return: 1.00%Break even: N/A
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Auto Head Light

A headlamp is a lamp attached to the front of a vehicle to light the road ahead. While it is common for the term headlight to be used interchangeably in informal discussion, headlamp is the term for the device itself, while headlight properly refers to the beam of light produced and distributed by the device. Automatic headlamps are a modern convenience in many of today's cars. They eliminate the need for the driver to manually switch on or off the headlamps in most driving situations. The names of the automatic headlamp option differ between car manufacturers, but they perform the same service for the driver. Their secondary features set one automatic headlamp option apart from the others. Basic automatic headlights work through sensors which detect how much light is there outside. These sensors are located on the dash of the vehicle mostly. The headlights turn on when the sensors detect a certain level of darkness (darkness means the level of light). The global automotive lighting market size was valued at USD 19.64 billion in 2014. Increasing production and sales of commercial vehicles across the globe are estimated to drive the demand over the forecast period. Technological advancements stimulating by rising concerns about vehicle safety and stringent government regulations are further expected to spur the demand. Additionally, growing population and increasing the purchasing power of consumers across the developing countries are projected to offer lucrative opportunities over the forecast period.
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Return: 1.00%Break even: N/A
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Auto Head Light

A headlamp is a lamp attached to the front of a vehicle to light the road ahead. While it is common for the term headlight to be used interchangeably in informal discussion, headlamp is the term for the device itself, while headlight properly refers to the beam of light produced and distributed by the device. Automatic headlamps are a modern convenience in many of today's cars. They eliminate the need for the driver to manually switch on or off the headlamps in most driving situations. The names of the automatic headlamp option differ between car manufacturers, but they perform the same service for the driver. Their secondary features set one automatic headlamp option apart from the others. Basic automatic headlights work through sensors which detect how much light is there outside. These sensors are located on the dash of the vehicle mostly. The headlights turn on when the sensors detect a certain level of darkness (darkness means the level of light). The global automotive lighting market size was valued at USD 19.64 billion in 2014. Increasing production and sales of commercial vehicles across the globe are estimated to drive the demand over the forecast period. Technological advancements stimulating by rising concerns about vehicle safety and stringent government regulations are further expected to spur the demand. Additionally, growing population and increasing the purchasing power of consumers across the developing countries are projected to offer lucrative opportunities over the forecast period.
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Return: 1.00%Break even: N/A
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Wheat Germ Oil

Wheat Germ Oil is extracted from the germ of the Wheat kernel, which makes up only 2- 3% by weight of the kernel. It is a Refined Vegetable Oil that contains a high level of natural vitamin E which is a natural antioxidant, and high levels of unsaponifiable fraction. Its fatty acid composition supplies a high content of essential fatty acid that promotes the regeneration of cells. Wheat germ oil is particularly high in octacosanol - a long- chain saturated primary alcohol found in a number of different vegetable waxes. Wheat germ oil is an ideal ingredient that is easily incorporated in all kinds of cosmetics from rinse-off to leave-on products. A great choice for dry, mature skin, keeps skin supple during pregnancy. Ideal for overall body care, and especially beneficial for moisturizing, rejuvenating and protecting dry and mature skin. The global wheat germ oil market major driving factors are increasing demand of wheat germ oil in cosmetics industry for skincare products coupled with rising number of wheat germ oil based dietary supplements are expected to significantly increase the revenue contribution of the global wheat germ oil market over the forecast period. Many consumers are using wheat germ oil in cooking as it is easily available and affordable. Wheat germ oil is mainly used in medicinal supplements as it lowers blood pressure and cholesterol levels. Wheat germ oil contains essential fatty acids that are necessary for cell regeneration and helps in maintaining immune system of the body. Hence, the global Wheat Germ Oil market is expected to observe robust growth over the forecast period.
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Carbon Brushes

A carbon brush, also known as a motor brush, is the small part of the motor that conducts electrical current between the stationary wires (stator) and the rotating wires (rotor) of a motor or generator. The brush is typically made up of one or more carbon blocks and can come with one or more shunts or terminals.A motor generally contains more than one carbon brush to conduct electrical current. The brushes are categorized into five brush-grade families, each of which is suited for different kinds of motors and applications. A carbon brush has three operating parameters: mechanical, electrical, and physical/chemical. Carbon Brush market is expected to register a steady year-on-year growth throughout the forecast period. The steady economic growth in developing regions of the globe, especially of the countries in Asia Pacific region coupled with steady industrial growth in these regions is expected to in turn fuel the demand for carbon brushes during the forecast period. Moreover, growth of global carbon brush market is expected to be driven primarily by the growth in demand for these from automotive industry. Also, another major application segment where these carbon brushes are used is household appliances, as such, the growth in demand for household appliances is likely to translate into growth in demand for carbon brushes during the forecast period.
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Electric Arc Furnace

An electric arc furnace (EAF) is a furnace that heats charged material by means of an electric arc. Industrial arc furnaces range in size from small units of approximately one ton capacity (used in foundries for producing cast iron products) up to about 400 ton units used for secondary steelmaking. Electric Arc Furnace means an extremely hot enclosed space, where heat is produced by means of electrical arcing for melting certain metals such as scrap steel without changing electro-chemical properties of the metal. Electric arc is produced between the electrodes. This electric arc is used for melting the metal. The arc furnaces are used to produce mini steel structural bars and steel rods. The electric furnace is in form of a vertical vessel of fire brick. There are mainly two types of electric furnaces. They are alternating current (AC) and direct current (DC) operated electric furnaces. The Global Electric Arc Furnaces Industry focuses on global major leading industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. The Electric Arc Furnaces market is based on a calculative measure that is considered in the collation and evaluation of the information required for Electric Arc Furnaces market projections. It focuses on end number of technics and procedures used in the Electric Arc Furnaces market management process. As well, it identifies the requirement of information essential in the competitive market of Electric Arc Furnaces to remain updated in the changing world, which helps the decision makers to glance at the Electric Arc Furnaces market situation and thereby consider the points that can enhance the market profitability, global Electric Arc Furnaces market stability, and market development. The global Electric Arc Furnaces market and offers market volume (US$ million) and CAGR over the forecast period 2018 to 2023 taking into account 2017 as the base year. Oil refineries, processing plants, pipelines, storage farms, LPG/LNG plants, and offshore platforms all utilize or produce a wide range of hazardous combustible and toxic gases. In addition, the processes involved in each can produce nontoxic gases, which when accumulated in high concentrations, depletes oxygen causing a hazardous condition to personnel who occupy the area without proper protection. Moreover, there are several hazardous gases that are the product of mining and mineral processing. These products, which include gases, such as methane (CH4), carbon monoxide (CO), hydrogen sulphide (H2S), and hydrogen cyanide (H2CN), require continuous monitoring in order to protect the well-being of mining equipment and personnel. The US, in 2016, had faced a gas leak which was nearly four-month leak in the North of Porter Ranch, which spewed nearly 100,000 metric tons of methane from a ruptured well at the 3,600-acre Aliso Canyon storage facility run by the Southern California Natural Gas Co. The US government has then signed a law that aimed to prevent a natural gas leak, like one that caused thousands of sickened residents to flee their homes around Porter Ranch. Thus, the incidences of gas leaks leading to explosions has emphasised on the need to adopt gas sensors and detectors across work intensive industries, such as Manufacturing, Mining, Oil & Gas.
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