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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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Hosiery Products (Vest, Briefs, T-Shirts & Socks)

Hosiery also referred to as legwear, describes the garments, worn directly on the feet and legs. The term hosiery is also being used for the type of knitted fabric, its weight and thickness. It is manufactured in a wide range of fabric weights, knits and colors. In general, heavier weight fabrics are stronger and more durable, but are thicker and show less of the natural skin tone. On the other hand, lighter garments look and feel more luxurious but are not strong as compared to the heavier ones. The hosiery includes categories such as sheers, support hosiery, control tops, opaques, tights, stay-ups, stockings, maternity pantyhose and run-resistant garments. The growth of the global hosiery market is driven by the robust demand for comfortable and stylish hosiery among the consumers. Changing lifestyles and demographic factors are bringing changes in demand patterns for hosiery. Further, the global demand for hosiery is increasing due to the increasing employment rate across various countries in the world. Further, rising disposable income is expected to intensify the growth of the global hosiery market. Moreover, rapid urbanization is anticipated to positively impact the growth of the hosiery market. Rising personal disposable income along with changing lifestyle is anticipated to expand the growth of global hosiery market during the forecast period. Apart from this, propagation of modern retail formats such as supermarkets, discount stores, and pharmacy stores is resulting in increasing product visibility. This enables easier accessibility to clothing products such as hosiery to consumers. The increasing sales from online commerce sector is fuelling the growth of global hosiery market as it saves the time of buyers and offer various discounts on the products. Thus, the online store is expected to be the fastest growing segment which is anticipated to expand the growth of global hosiery market over the forecast period. The global hosiery market is expected to witness a steady growth attributed to considerable demand in the healthcare and fitness industry. Consumption of hosiery products is expected to remain high among women in terms of demography. Socks is predicted to witness significant demand in the global market as compared to other products. Increasing spending on fashion products coupled with growth in disposable income of consumer is anticipated to drive the demand for the hosiery market during the forecast period. Furthermore, in developing economies, rising preference towards western outfits resulting in higher spending on fashion clothing is in turn projected to drive the demand for hosiery products over the forecast period. Beside this, increasing population across the globe is also projected to drive the demand for hosiery products.
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Glass Blocks

Glass blocks or bricks are architectural products that allow light to pass through, while also providing a level of privacy or obscuration. Glass blocks are typically square in shape and can have a variety of surface treatments that affect their transparency. Glass blocks are often assembled like bricks with a grout or sealant. Some blocks come with assembly systems that provide wall anchors and vertical and horizontal spacers to precisely align the blocks. The blocks are spaced accurately and consistently using the spacers and then bonded together with silicone. The joints are finished with tile grout or mortar. Glass blocks used in prisons and detention centers, police departments, and other high-risk locations are often set in steel frames for added strength and security. Glass blocks market forecast predicts that this market will grow at a CAGR of more than 7% by 2022. Factors such as easy installation due to the availability of pre-fabricated kits and increasing use of glass block windows in houses, commercial buildings, and industrial buildings will drive the glass blocks market growth. Also, the advantages such as light-weight and privacy makes the glass blocks useful in residential, commercial, and industrial end-user segments. Global Glass Block Market is expected to grow at a positive CAGR in the predicted period. The architectural element which is made from the glass is known as the Glass block. It provides a visual obstruction while they are transfer light. The glass block is meant for the floor as well as wall in terms of applications. They are manufactured from a single solid piece, or they have a thicker side wall than the standard wall blocks which can be used for the floors normally. Glass Block Market is segmented, By Applications Bullet and Vandal Resistance, Gas insulated, Colored, Fire Resistance, etc. There are some colored variants available in the glass wall blocks. Some hollow glass wall blocks are available in colored variants. UV stable can in the same locations as the standard clear glass blocks. Other methods which are colored glass blocks are obtained and is needed to inject colored material, dye or the transparent paints which are present in the hollow center of the blocks to form the coating permanent.
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Extra Neutral Alcohol (ENA)

Extra Neutral Alcohol is a food grade alcohol. The product is used as a basic alcohol in distilled spirits like Vodka, Malawi Gin etc. In the pharmaceutical industry, Extra Neutral Alcohol is a prime carrier for a whole spectrum of medicines and is therefore used for processing a wide range of drugs. It is also a good disinfectant as methylated spirit. This colorless alcohol has a neutral smell and taste. It is used in the production of potable alcohol and also as a solvent and reactant in the pharmaceutical industry and as a carrier of flavor and fragrances. ENA is a high distilled alcohol that contains no impurities and is used for the production of alcoholic beverages, alcoholic fruit beverages and aperitifs. Owing to its properties, it serves as an essential ingredient in the manufacturing of numerous cosmetics and skin care products, as a processing aid in food industry, and as a solvent for colourants and flavours. The extra neutral alcohol (ENA) market in India has been witnessing a steady growth rate over the past few years. The market is expected to grow due to a huge shift towards the consumption of alcohol and expanding applications of ENA. Almost 90% of the ENA produced in India is used in the manufacturing of potable alcohol, production and consumption of which is continuously rising. Further, a gradual shift towards Indian Made Foreign Liquor (IMFL) from country liquor over the past years has also led to an increase in demand for potable alcohol. Other factors facilitating the demand for potable alcohol are increasing disposable incomes, changing attitude towards drinking and western influence. Additionally, expanding cosmetics and personal health care, printing and pharmaceutical industries are expected to be highly lucrative for the market since ENA finds numerous applications in these industries. In the cosmetics industry, ENA is used in products such as perfume, toiletries, cologne, hair spray, air freshener, detergent, etc. It is also used in the production of antiseptics, drug, syrups, medicated sprays, etc. Owing to the aforementioned factors, the market is further projected to reach a volume of 3.8 Billion Litre by 2023.
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Hotel with Discotheque

The Indian hotel industry has emerged as one of the key industries driving the growth of the services sector and, thereby, the Indian economy. The hotel industry in India is going through an interesting phase. One of the major reasons for the increase in demand for hotel rooms in the country is the boom in the overall economy and high growth in sectors like information technology, telecom, retail and real estate. Rising stock market and new business opportunities are also attracting hordes of foreign investors and international corporate travelers to look for business opportunities in the country. The hotel industry in India is going through an interesting phase. The industry has a capacity of 110,000 rooms. 4.4 million Tourists visited India last year and at the current rate, the demand will soar to 10 million to accommodate 350 million domestic travelers. The hotels of India have a shortage of 150,000 rooms fuelling hotel room rates across India. With tremendous pull of opportunity, India has become a destination for hotel chains looking for growth. Discotheque is a nightclub for dancing to live or recorded music and often featuring sophisticated sound systems, elaborate lighting, and other effects. Nightlife is a very fast paced industry. Being one of the largest revenue and employment generators in the service sector. The Bars and Nightclubs industry in the United States has experienced steady growth over the five years to 2018, despite experiencing slight revenue volatility during the early half of the five-year period. This was a result of shaky consumer confidence causing more people to drink at home rather than at bars or nightclubs. However, the industry is still expected to grow during the period as industry revenue growth picked up in the latter half of the period.
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Bare Polyester Film with Metallizing & Coating Process

Polyester film is obtained by the extrusion of polyethylene terephthalate. These films when stretched in a single direction along with appropriate processing, forms optical polyester film. Optical polyester film has applications in the optical and optoelectronic field. They are used in display bases, LCD panels, and plasma display panels (PDP). Optical polyester film imparts excellent light transmission due to its mechanical properties and thermal stability. High demand for LCD televisions in Asia Pacific is a key driver for the optical polyester film market. Rapid growth in sale of smartphones in developing economies and the emergence of new technologies such as wearable electronics are anticipated to offer growth opportunities for the optical polyester film market in the near future. Polyester film is a high-performance film made from polyethylene terephthalate (PET) resin. The Polyethylene Terephthalate (PET) resin is made from Ethylene Glycol and dimethyl terephthalate (DMT). Global Polyester Film (PET film) Market is expected to experience significant growth over the forecast period owing to shift in focus toward unconventional gases. Polyester Film (PET film) Market is an unconventional gas explored through hydraulic fracturing with low permeability. Global Polyester Film (PET film) Market is expected to experience momentous growth over the next six years owing to increasing usage in residential, commercial, power generation, transportation, and industrial. Growing energy demand on account of increasing population is expected to be the major factor driving the market over the foreseeable period. Increasing Polyester Film (PET film) Market demand in industrial market is projected to have positive impact on global market in near future.
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Liquid Sodium Silicate from Caustic Soda & Sand

Liquid Sodium Silicate is a major compound used for formulating chemicals like silicate gel and precipitated silica. Apart from this, Sodium Silicate Liquid has an extensive usage in ceramic industry, paper industry, detergent industry as well as electrodes manufacturing companies. Liquid sodium silicates are manufactured in various molar ratios. Molar ratios (MR) define the ratio of SiO2 versus Na2O in the substance. The higher the molor ratio, the less sodium ions are present in the silica network and consequently the less alkaline the silicates are. Therefore, classification and labeling depends on the molor ratio (cfr. MSDS). Varying the ratio of SiO2 to Na2O and the solids content results in solutions with differing properties. The Liquid Sodium Silicate is a non-hazardous chemical which is used in many applications worldwide. The essential and diversified applications are churning out increasing demand for liquid sodium silicate. The liquid sodium silicate has several important unique properties which are not shared by other alkaline salts. Such valuable properties along with their low-cost results in their usage in several applications in diverse industries. The liquid sodium silicate is used in various industries as detergents, adhesives, binders, cement, ingredients in cleaning compounds, different coatings, anticorrosives, deflocculants, catalyst bases, chemicals, etc. The unique properties and functional characteristics of liquid sodium silicate can be used to resolve many problems arising in chemical and industrial processes efficiently and economically. Increasing concern towards environment in the country are likely to compel manufacturers to use bio-based products such as rice husk. Abundant availability of the rice husk in the region, especially in the rice producing states including Texas, California, Arkansas and Mississippi is expected to open new avenues for the industry growth over the next eight years. The growth in the demand for adhesives in paper and pulp and cement industry is projected to drive the growth of liquid sodium silicate market over the forecast period. The liquid sodium silicate market is highly competitive due to the presence of many manufacturers with large capacities globally. The increasing use of liquid sodium silicate as an adhesive in numerous manufacturing applications is driving the liquid sodium silicate market. The liquid sodium silicate is used to bind fiber drums, cores of paper towel and toilet tissues, paperboard laminates, etc. Most of the manufacturers prefer to use liquid sodium silicate because of it is low-cost, environment-friendly and non-toxic. The availability of raw material such as silica sand, soda ash, and rice husk is expected to fuel the growth of liquid sodium silicate market over the forecast period. The final cost of the liquid sodium silicate depends upon the factors such as raw material cost, operational cost, and transportation cost. The liquid sodium silicate finds a side application if rubber and tire manufacturing industry as a filler. The development in the automotive sector and rapid growth in APEJ region is expected to drive the elastomers segment over the forecast period.
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Low Cost Airlines

An airline is a company that provides air transport services for traveling passengers and freight. Airlines utilize aircraft to supply these services and may form partnerships or alliances with other airlines for codeshare agreements. Generally, airline companies are recognized with an air operating certificate or license issued by a governmental aviation body. A low-cost carrier or low-cost airline (also known as no-frills, discount or budget carrier or airline, or LCC) is an airline without most of the traditional services provided in the fare, resulting in lower fares and fewer comforts. To make up for revenue lost in decreased ticket prices, the airline may charge for extras such as food, priority boarding, seat allocating, and baggage. The low-cost model focuses on business and operational practices that reduce airline costs. That means using secondary airports (with lower taxes), offering no frills on the flight and charging for services like seat reservation and checked-in baggage. Low-cost carriers (LCCs) have gradually evolved to become a popular alternative to full-service airlines over the last 10-15 years, where price has become a critical factor in determining the carriers. Low-cost carriers (LCC) have become a popular alternative to traditional scheduled airlines over the last two decades. The growth of the market is attributed to the rise in economic activity, ease of travel, travel & tourism industry, urbanization, changes in lifestyle, consumers’ preference for low cost service along with non-stops, and frequent service, increase in purchasing power of middle class households especially in the developing regions, and high internet penetration coupled with e-literacy. Low cost airlines have grown exponentially worldwide over the past few years, owing to rise in economic activity, ease of travel, travel & tourism industry, urbanization, changes in lifestyle, consumer’s preference for low cost service along with non-stops, and frequent service, increase in purchasing power of middle class households especially in the developing regions, and high internet penetration coupled with e-literacy. However, factors such as volatile crude oil price and increase in terrorism & crime rate, political uncertainty, & natural calamities hinder the market growth. Conversely, sustainable airport governance, operational & financial improvement is anticipated to leverage the growth of the low cost airlines market. Nevertheless, factors such as high investment & operational cost but low profitability is anticipated to be a major challenge of the low cost airlines industry. The global low cost airlines market is segmented based on purpose, destination, and distribution channel. By purpose, the market is divided into leisure travel, VFR, business travel, and others. By destination, it is bifurcated into domestic and international. Based on distribution channel, the market is classified into online, travel agency, and others.
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Return: 1.00%Break even: N/A
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Newspaper Printing

Newspaper, publication usually issued daily, weekly, or at other regular times that provides news, views, features, and other information of public interest and that often carries advertising. India has a growing and constantly changing newspaper market, with daily circulation up from 150 million, it is expected to continue to rise in the coming years. India’s Newspaper Industry has been rising since so many years and this is why a lot of motivated individuals tend to indulge in these kind of businesses be it newspaper, magazine etc. In India, as per a report, there are more than 82,000 newspapers in publication. And now this number seems to grow year by year. Publishing Industry has always been a lucrative option for a number of aspiring beings across India. India has more daily newspaper than any other nation and out of world’s 100 largest newspapers 20 are Indian. The demand of newsprint in India is expected to grow at a rate of 9% and India’s paper consumption is expected to increase to three million tons in 2015-16.
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Return: 1.00%Break even: N/A
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Ginger Washing Plant

Ginger is a tropical plant whose rhizome (popularly known as ginger root) is used most commonly for culinary and medicinal purposes. Gnarled and knotted in appearance, the ginger root has a slightly pungent, spicy-sweet flavor and aroma. Today, there are many uses ginger is good for. Although eating fresh, raw ginger still one of the most popular ways of consumption, the use of powdered or ground ginger is not only preferred for culinary applications but also for making ginger supplements, such as ginger root capsules and ginger tablets. Additionally, ginger can be found preserved, candied, and crystallized. While the use of natural and alternative medicines has grown greatly in recent years, so has the interest in ginger as a complementary and alternative herbal remedy. As such, much research has been performed that has confirmed many of ginger properties. In the recent times, the global market for ginger has observed a strong surge in its valuation, thanks to the increasing popularity of ginger as a spice and as a flavoring agent across the world. The rising awareness about the medical benefits of ginger is also attracting consumers substantially, and this factor is expected to act as a long-term promoter of this market, leading it to high growth over the next few years. In addition to this, the widening application base of ginger, from medicines to alcoholic beverages, is anticipated to boost the global ginger market in the years to come. The market is projected to gain US$3.06 bn by 2017 in revenues. The opportunities in this market is predicted to proliferate at a CAGR of 6.50% between 2017 and 2022, reaching a value of US$4.18 bn by the end of 2022. Major factors driving growth of the global ginger markets, growing consumer awareness about the ginger benefits for health. In addition, increasing use of ginger as a home remedy various infections such as common cold and cough, rising demand for herbal medical products, rising usage in healthcare industry to cure problems related to infection, constipation, ulcers etc. are factors driving growth of the global ginger market.
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Return: 1.00%Break even: N/A
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E-Rickshaw (Electric tuk-tuks) Manufacturing Business

E-Rickshaw (Electric tuk-tuks) Manufacturing Business. How to Start Electric Vehicle Assembling Industry E-Rickshaws are small vehicles, with three wheels and use electric power from batteries to run. They use an electric motor as engine which draws electric power from the rechargeable batteries installed in the rickshaw body. These battery operated vehicles are perfect for small distant transport, both cargo and people; they are perfect for running on narrow streets because of their small size. But the biggest reason for their popularity is low operating cost and zero air pollution. In a nutshell you can say they are bigger version of rickshaws powered by electricity. They are like normal rickshaws but powered by electric motor instead of petrol or diesel motor. They are perfect for a pollution free, environment friendly transport system in short distances. Actually they are not capable of running long distance. E-rickshaws are now one of the preferred mode of transport in streets because of its low maintenance cost, low fuel cost, Eco-friendly, no noise pollution, easy to drive and last but not the least livelihood, e-rickshaw is a boon to the common man. Without putting in much physical efforts and without investing much amount of money, the earning is quite good for an e-rickshaw driver and hence it is an important means of livelihood for many. These e-rickshaws consist of 3 wheels with a differential mechanism at rear wheels. Basically these vehicles has a mild steel tubular chassis. The motor is brush-less DC motor manufactured mostly in India and China. The electrical system used in Indian version is 48VDC can run 90– 100 km/full charge, top speed 25 km/hour and this electric motor power ranging from 650-1400 Watts; the battery takes 8–10 hrs to become fully charged. Basic seating capacity is driver plus 4 passenger total 5 persons. These vehicles are now started using in transporting light weight goods as e-loader. Hence there are lots of opportunities of income. Below are some of the main reason why this e-rickshaw is going to get more support from people and from government in future:- Eco-Friendly: Since this vehicle runs on electricity, it can never emit smoke. This way one can travel across the city without polluting the air. Batteries used in these vehicles can be recycled and can be disposed of without any problem. Less Expensive: This e-rickshaw can be easily afforded by a middle class person who cannot shell out much money. No doubt, these vehicles are very economical for both passengers and drivers. No Sound Pollution: This e-rickshaw produce less noise compared to vehicles which run on petrol and diesel. Since entire engine of this e-rickshaw runs with the electricity of the battery attached to the vehicle which results in less noise. Maintenance: Since this vehicle has no engine, and gearbox maintenance of this vehicles comes very cheap. It’s very easy to charge the battery. All you need to do is, pay money for charging the battery. Safety: E-rickshaw involves less risk compared to auto rickshaw which runs with fuel. They cause fewer accidents. Fare and Cost of Vehicle: This e-rickshaw are affordable to buy, one can buy this vehicle at the price of a bike in India. One can buy this e-rickshaw at a price of 95,000 Rs. When it comes to motor rickshaw you need to spend 2 lakhs of rupees, which is too expensive. Need of E-rickshaw: As population increases there came to a need for the fast & eco-friendly mode of transports. Then started the evolution of electric vehicles especially E- rickshaws and electric automobiles. So many technologies were there which supported a reliable battery and the weight of the needed number of batteries elevated the price of making an electric vehicle. Battery Rickshaw or the Electric Tricycle is the latest Eco Friendly vehicle which is most suitable for covering short distances. E Rickshaws are three wheel battery operated vehicles, which are considered as an upgrade to conventional rickshaws, and economically better than auto rickshaws and other fuel variants, these rickshaws, since are battery powered have zero emission, and is often argued to be much better than other rickshaws as they are considered almost pollution free. E rickshaw is a three wheel battery operated vehicle, which are considered as an upgrade to conventional cycle or pedal rickshaws, vastly popular in Asian countries and some South African regions and parts of Europe. It consist of an electric battery powered drive train and required no conventional fuel. Market Outlook Indian electric rickshaw market is projected to reach 935.5 thousand units by 2023, the market growth is majorly driven by government incentives and environmental policies, and declining battery prices. Passenger carriers held a larger share in the Indian electric rickshaw market in 2017, accounting for more than 95% revenue. They are expected to continue holding a larger market share in the coming years as well, on account of the large passenger base in the country, coupled with the growing demand for low-cost shared mobility. Electric rickshaws with 1,000–1,500 W motor power contributed the largest share to the market during the historical period. A large number of such rickshaws are equipped with 1,000–1,500 W motor, as it provides operational cost benefits. However, with the growing demand for quality products and the entry of big, organized players, the demand for vehicles equipped with higher-power motors is expected to increase in the Indian electric rickshaw market during the forecast period. North India was the largest market for electric rickshaws during the historical period. The region contributed close to 70% volume share to the Indian electric rickshaw market in 2017. However, during the forecast period, the market is expected to witness the fastest growth in East India. One of the most important aspects of these e rickshaws are their contribution to the economy, as thousands of individuals become self-employed and they are earning their livings by driving these battery rickshaws on daily basis. The demand for the rickshaws has significantly increased over the past few years owing to its low running costs that helps rake in higher profits. With people becoming conscious about the damage done by conventional fuels, the E-rickshaws are set to increase in popularity in the coming years. The Indian electric rickshaw market is primarily dominated by a large number of small, unorganized local players, which accounted for around 85% of the sales in 2017. Some of the major players in the market are Lohia Auto Industries, Kinetic Green Energy and Power Solutions Ltd., Hero Electric Vehicles Pvt. Ltd., Terra Motors Corporation, Clean Motion India, and Saera Electric Auto Pvt. Ltd. Tags E-Rickshaw Assembling, E Rickshaw Manufacture, Electric Rickshaw, E Rickshaw Manufacturing Process, E-Rickshaw Manufacturing Process Pdf, How to Manufacture E-Rickshaw, Electric Tuk Tuk Assembling, E-Rickshaws Manufacturing Plant, Electric Vehicles, e Rickshaw Business, Battery Operated Electric Rickshaw, Electric Rickshaw Manufacture, Profitable E-Rickshaw Assembling Business, Project Report on E-Rickshaw, E-Rickshaw Manufacturing, Manufacturing Process of Rickshaws, How to Assemble E Rickshaw, How to Manufacture E Rickshaw, E Rickshaw Manufacturing Plant Cost, How to Make E Rickshaw, E-Rickshaw Manufacturing Company, E-Rickshaws in India, E Rickshaw Assembling Business, Project Report on Electric Vehicles Manufacturing, How to Start E Rickshaw Manufacturing Business, E Rickshaw Manufacturing Unit, E Rickshaw Manufacturing Business Idea, E Rickshaw Manufacture Company, Manufacture of Battery Operated E Rickshaw, Project Report on E-Rickshaw Manufacturing Industry, Detailed Project Report on E-Rickshaw Manufacturing, Project Report on E-Rickshaw Manufacturing, Pre-Investment Feasibility Study on Electric Tuk Tuk Assembling, Techno-Economic feasibility study on E-Rickshaw Manufacturing, Feasibility report on Electric Tuk Tuk Assembling, Free Project Profile on Electric Tuk Tuk Assembling, Project profile on Electric Tuk Tuk Assembling, Download free project profile on E-Rickshaw Manufacturing, How to Start Electric Vehicle Assembling Industry
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Return: 1.00%Break even: N/A
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
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