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

Telangana is a state in the Southern region of India. It has an area of 114,840 km2 and is the twelfth largest state in India. Most of it was part of the princely state of Hyderabad, ruled by the Nizam of Hyderabad during the British Raj, joining the Union of India in 1948. Telangana was separated from Andhra Pradesh as a new 29th state of India, with the city of Hyderabad as its capital. Hyderabad will continue to serve as the joint capital city for Andhra Pradesh and Telangana for a period of not more than ten years. Telangana is situated on the Deccan Plateau, in the central stretch of the eastern seaboard of the Indian Peninsula. It covers 114,800 square kilometers (44,300 sq. mi). The region is drained by two major rivers, with about 79% of the Godavari River catchment area and about 69% of the Krishna River catchment area, but most of the land is arid. Telangana region has rich natural resources. About 45 per cent of the forest area in Andhra Pradesh state is in Telangana region while 20 per cent of the country's coal deposits in the country are also found here. Telangana is also rich in limestone deposits that cater to cement factories. Telangana has other mineral resources like bauxite and mica. Perennial rivers Godavari and Krishna enter Andhra Pradesh in Telangana before flowing down through other regions and ending up in the Bay of Bengal. Telangana region is sitting on potential oil and natural gas reserves, according to a report by Director General of Hydrocarbons (DGH). Telangana has a significant amount of Software export in India. While majority of the Industry is concentrated over Hyderabad, the other cities are also becoming significant IT destinations in the state. Hyderabad's IT exports exceeded $7 billion in 2014.There have been extensive investments in digital infrastructure.

 

AGRICULTURE

Rice is the major food crop and staple food of the state. Other important crops are tobacco, mango, cotton and sugar cane. Agriculture has been the chief source of income for the state's economy. Important rivers of India are the Godavari, Krishna flow through the state, providing irrigation. Telangana agriculture department separated from Andhra Pradesh as part of Andhra Pradesh bifurcation It aims promote agricultural trade and to boost up the agricultural production and productivity in the Telangana.

 

TOURISM IN TELANGANA

Telangana State Tourism Development Corporation (TSTDC) is a state government agency which promotes Tourism in Telangana. Telangana has a variety of tourist attractions including historical places, monuments, forts, water falls, forests and temples. Charminar, Golconda Fort, QutbShahi Tombs, Chowmahalla Palace, Falaknuma Palace and Bhongir Fort, are some of the monuments in the state. The Charminar, built in 1591 CE, is a monument and mosque located in Hyderabad, Telangana, India.

 

DEMOGRAPHIC PROFILE

Telangana with a population of 351.9 lakhs (according to the 2011 census) accounts for about 3.6% percent of the total population of India. Out of this, 177.0 lakhs (50.2%) are males and 174.9 lakhs (49.8%) are females. The sex ratio of the state is 988 as against the national figure of 943. The population density in the state is 307 persons/Sq.Km. In 2012-13, the services sector at Rs.  1, 14,046 crores, contributed 58.1% to the GSDP (at constant prices). It is followed by industry sector, contributing 27.9% (Rs. 54,687 crores) and the agriculture sector’s contribution of 14% (Rs. 27,450 crores). The services sector had fastest growth  of  11.31%  followed  by  industry  sector  (10.04%)  and  agriculture  sector  (6.89%) between 2004-05 and 2012-13.

The Telangana government has proposed to add 230 crore plants in the next three years under a flagship programme which envisages boosting of tree cover in the state by nearly 8%.

 

FOOD AND INDUSTRIAL PROCESSING SECTOR

The Telangana government plans to put greater emphasis on value-addition in the farm sector in its industrial policy. The departments of industry and commerce, agriculture and agro marketing would coordinate together to achieve value maximization for farmers. The government is also keen on encouraging e-marketing activities, which involves networking all agriculture mandis in the state so that farmers get access to prevailing prices across important markets and thereby helping them unlock the right value for their produce. The state in collaboration with research institutes in the country would facilitate an ideal adoption of latest practices ranging from seed technology and farm machinery to improve farm productivity. the state government is also considering specific projects such as setting up a pharmaceutical city near Hyderabad and a cotton hub in Warangal district, the largest producer of long-staple cotton. The Telangana government has begun a survey to identify land that can be offered to new industries in the state. The Telangana government is set to announce its new industrial policy under which scheduled castes and scheduled tribe entrepreneurs would be specially encouraged.

Telangana Government is mulling to set up a 'Pharma City' near the state capital in about 8,000 acres. The City will include industries as well as residential colony, and a power plant with 500 MW capacity will be set up adjacent to the pharma city to provide captive, dedicated and uninterrupted power supply to the industry. The pharma city is expected to accommodate about five lakh employees besides their families in the residential colony touching about twenty lakh over a period. Delegation of Drugs Manufacturers' Association that an international consultancy organisation with expertise in developing in the information technology and pharmaceuticals manufacturing sectors may become backbone of Telangana economy, leaving power production, ports and oil and natural gas to play a pivotal role in driving prosperity in the residuary state. Industrial estates should be contacted to design the pharma city. Telangana's per capita income of Rs 24,409 in 2004-05 has phenomenally grown to a whopping Rs 83,020. While Hyderabad has less number of households using open toilets at 0.9 per cent, Mahabubnagar is at 71.1 per cent. The land-locked state is expected to have nearly Rs 4,000 crore surplus budget, but lingering power deficit may force the new government to spend more on the power purchase. Telangana, spread in 1,14,840 square kilometres, has 66.46 per cent literacy rate with a population of 3.52 crore.

 

ECONOMY OF TELAGANA

The Economy of Telangana is mainly driven by agriculture. Two important rivers of India, the Godavari and Krishna, flow through the state, providing irrigation. Rice, cotton, mango and tobacco are the local crops. Recently, crops used for vegetable oil production such as sunflower and peanuts have gained favour. There are many multi-state irrigation projects in development, including Godavari River Basin Irrigation Projects and NagarjunaSagar Dam, the world's highest masonry dam. Telangana is a mineral-rich state, with coal reserves at SingaerniColleries. The population of Telangana is over 35 million now – much more than 30 million for the whole of Andhra Pradesh, including Telangana, at the time of its formation in 1956. The demands on governance have multiplied over this half a century. Apart from commitment to the development of the region, a smaller state being more easily accessible to the common people can intelligently and speedily grapple with their problems.

 

INDUSTRIAL POLICY FRAMEWORK FOR STATE OF TELANGANA

Industrialization will be the key strategy followed for economic growth and development for Telangana, the 29th state of the country. People of the new state have very high expectations from the Telangana State Government for creating jobs for the youth, promote development of backward areas, maximize growth opportunities by optimum utilization of the available resources, harness the talents and skills of the people etc. The Government of Telangana State realizes that industrial development requires large-scale private sector participation, with the government playing the role of a facilitator and a catalyst. The government is committed to provide a graft-free, hassle-free environment in which the entrepreneurial spirit of local, domestic and international investors will thrive to take up their industrial units in the state of Telangana as the preferred investment destination.

The new Telangana State Industrial Policy will be rooted in certain core values, as follows:

 

                • The Government regulatory framework shall facilitate industrial growth

                • Entrepreneurs will thrive in a peaceful, secure and progressive business regulatory                                        environment

                • Industrial development will lead to massive creation of jobs benefitting local youth

                • Industrialization shall be inclusive and facilitate social equality

 

The new Telangana State Industrial Policy will strive to provide a framework which will not only stabilize and make existing industries more competitive, but also attract and realize new international and national investments in the industrial sector. It is expected that the most significant outcome of this approach will be the production of high quality goods at the most competitive price, which establishes “Made in Telangana-Made in India” as a brand with high global recognition. The Industrial Policy Framework has the following mandate for departments that have any responsibility in the industrialization of the State—Minimum Inspection and Maximum Facilitation.

The Government of Telangana State is determined to create an ecosystem in which the ease of doing business in the state matches and even exceeds the best global standards. Telangana State Government is aware that offering a hassle-free system is considered to be of the highest priority by the industrialists, and accordingly the government will implement a very effective industrial clearance system that will go beyond the traditional single window system.

 

THRUST AREAS AND CORE SECTORS

•             Life Sciences including, bulk drugs, formulations, vaccines, nutraceuticals, biological,   incubation centers, R&D facilities and medical equipment.

•             IT Hardware including bio-medical devices, electronics, cellular communications.

•             Precision engineering, including aviation, aerospace, defence.

•             Food processing and nutrition products including dairy, poultry, meat and fisheries.

•             Automobiles, Transport Vehicles, Auto-components, Tractors and Farm Equipment.

•             Textiles and Apparel, Leather and leather value added products like shoes, purses, bags,         artificial   material infused and coated textiles, paper and paper products.

•             Plastics and Polymers, Chemicals and Petro-chemical, glass and ceramics.

•             FMCG and Domestic Appliances.

•             Engineering and Capital Goods, including castings, foundry and Ferro-alloys and other    metallurgical industries.

•             Waste Management and Green Technologies.

•             Renewable Energy and Solar Parks.

•             Mineral-based and wood-based Industries.

•             Transportation/Logistic Hub/Inland Port/Container Depot.

 

Telangana has emerged as a State that provides that right climate for the growth of IT business and is now one of the most preferred destinations in the Country.

The State of Telangana is poised towards creating a benchmark in Information & Communication Technology (ICT) endowed with a high quality state-of-the-art physical & communication infrastructure of international standards, harnessed human resources, and proactive business friendly policies of the Government.

It is estimated that about 20 lakh acres of land is available in the state that has been identified as unfit for cultivation in Telangana. Based on a detailed survey of these land parcels and identification of those parcels that are fit for industrial use, an industrial land bank for the State of Telangana will be developed.

The development of industrial and related infrastructure will be the responsibility of the Telangana State Industrial Infrastructure Corporation (TSIIC). The financial base of the TSIIC will be strengthened and it will be made to function as an effective organization. All lands in the State identified as fit for industrial use will be transferred to the TSIIC.

To support industrialization, the Government of Telangana will earmark 10% of water from all existing and new irrigation sources for industrial use. Water pipelines will be laid as a part of infrastructure creation for each industrial park by TSIIC. The Government of Telangana State recognizes that quality power and uninterrupted power supply are keys to the growth of the industrial sector. The State has a clear short-, medium-, and long-term plans to first overcome the power shortage and eventually become a power surplus state. Accordingly, uninterrupted power supply will be arranged in each industrial park. The Telangana State Government will encourage usage of non-conventional energy for industrial purposes.

The Telangana State Government is committed to encourage the process of industrialization by making various kinds of incentives available to the entrepreneurs. The Telangana State Government also assures an entrepreneur-friendly and graft-free regime of disbursing the incentives. The Telangana State Government will consider providing incentives to the entrepreneurs in the following areas-

•             Stamp duty reimbursement

•             Land conversion cost

•             Investment subsidy

•             VAT reimbursement

•             Interest subsidy

•             Clean production measures

•             Reimbursement of infrastructure development costs etc.

A sound industrial policy has to ensure that the state taxation structure is conducive to industrial growth and state financial resource augmentation. Distortions in the tax structure leads to evasion of taxes and clandestine transport of industrial inputs and outputs to neighbouring states, which may have advantageous tax rates. The presence of important national and state highways, coupled with the availability of resources and opportunities, provides a great potential for development of industrial corridors in the state along these roadways.

The Industrial Corridors that will be developed initially will be:

 

1) Hyderabad-Warangal Industrial Corridor

2) Hyderabad-Nagpur Industrial Corridor

3) Hyderabad-Bengaluru Industrial Corridor

The new Industrial Policy brought out by the Government of Telangana promises to revolutionise the way industrial sector has been viewed by successive governments in this country. A day is not far when the new Industrial Policy of Telangana will shine as an exemplar among the best in the world.

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White Cement

White cement is typically specified to ensure clean, bright, consistent colors, including light pastels. White cement allows a wide range of color options for producing structural and architectural concrete, as well as masonry and cementations building products. The final color and look of concrete and masonry materials are affected by many factors: White cement is a construction material, which exhibits aesthetic and hydraulic binding properties. This cement is often deployed along with pigments to impart attractive color to the concretes and mortars, which is not feasible with ordinary gray cement. White cement is extensively used as an alternative to gray cement owing to its value-added properties such as its ability to reflect heat and improved aesthetic appearance. The demand for white cement is higher among countries with hot environment conditions as more heat is reflected from the resulting white concrete surface when compared to standard gray concrete. Benefits • While grey cement is great for normal bricklaying work, white cement is necessary for the surface of the wall. It makes the walls resistant to external elements & acts as a smooth base for the paint. • The process is called a ‘wash’. The custom is to have your walls lime-washed; however, using white cement concrete mix will serve you multiple benefits. • The white cement wash offers a much better finish to start with, concealing hairline cracks with a durable, matte finish. The second benefit is the effect on the paints; the white surface allows the paint to stand out while also protecting it from moisture from the walls. The white cement market is expected to register a significant growth during 2018 to 2023 (the forecast period). This tremendous growth is supported by the increasing construction activities in emerging economies.
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Blue Detergent Powder

A detergent is a surfactant or a mixture of surfactants with cleaning properties in dilute solutions. These substances are usually alkyl benzene sulfonates, a family of compounds that are similar to soap but are more soluble in hard water, because the polar sulfonate (of detergents) is less likely than the polar carboxylate (of soap) to bind to calcium and other ions found in hard water. In most household contexts, the term detergent by itself refers specifically to laundry detergent or dish detergent, as opposed to hand soap or other types of cleaning agents. Detergents are commonly available as powders or concentrated solutions. Detergents, like soaps, work because they are amphiphilic: partly hydrophilic (polar) and partly hydrophobic (non-polar). Their dual nature facilitates the mixture of hydrophobic compounds (like oil and grease) with water. Because air is not hydrophilic, detergents are also foaming agents to varying degrees. Detergents are available in three forms, namely powder detergent, bar detergent and liquid detergent. Powder detergents are widely accepted by Indian consumers and dominate the industry. Even though detergent bars are still used in rural areas, they are fast disappearing from the market because of ineffectiveness. The detergent industry is an international industry which has been increasing by multiple percents every year. It is an integration of diverse companies that are fundamentally engaged in manufacturing synthetic organic detergents, inorganic alkaline detergents, and crude and refined glycerin from vegetable oils and animal fats. The industry is further expected to grow in both the industrialized as well as in the developing nations.
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Spice Oil or Oleoresins (Extraction of Essential Oil, Cardamom, Jeera, Ajwain, Ginger & Other Spices)

Spice oleoresins represent the complete flavour profile of the spice. It contains the volatile as well as nonvolatile constituents of spices. Oleoresins can be defined as the true essence of the spices and can replace whole/ground spices without impairing any flavour and aroma characteristic. Oleoresins are obtained from spices by extraction with a non-aqueous solvent followed by removal of the solvent by evaporation. Spice oleoresins guarantee superior quality of flavour and aroma. They are complete and balanced, consistent and standardised. The spice oils and oleoresins are specially suitable for such snacks in that they can be used very conveniently (without any handling of the raw spice like ginger, chilli, onion, etc.) and producing a standardised effect on taste. This is the reason practically all plants in India, numbering to more than twenty five are sent percent exporting their products to these nations. The demand is increasing and more and more plants are being commissioned for 100% export. It is used as a substitute for whole or ground spices without impairing flavor and aroma. Spice oils and oleoresins are consumed by a broad range of manufacturers such as beverage, confectionery, curry powder, soups, etc. On the basis of product type, spice oils and oleoresins market is segmented into black pepper, cardamom, capsicum, turmeric, cinnamon and others. The global essential oil market is observing a significant expansion in its size, thanks to the increasing usage of essential oil in aromatherapy. The augmenting demand for flavored food and beverages products among consumers is also boosting this market substantially. With the rising development of innovative beauty and personal care products, fueled by the increasing preference for natural products, the usage of essential oil for the creation of new fragrances is surging, leading to an expected upswing in this market over the next few years. The market’s opportunity is expected to touch US$17.36 bn by 2017. Further, the market is projected to expand at a CAGR of 9.60% between 2017 and 2022 and attain a value of US$27.49 bn by the end of 2022. The escalating industrialization and the augmenting disposable income of consumers are the also projected to drive the growth of this market in the near future, especially in emerging countries. The global market for essential oil is also assessed on the basis of region. The Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ), Latin America, North America, Europe, and Japan have been considered as the prime regional markets for essential oil across the world. Hitherto, Europe has been leading the global market.
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Plastic Processing Moulds

Plastic moulding is the process of shaping plastic using a rigid frame or mould. This frame is known as Plastic Mould. The technique allows for the creation of objects of all shapes and sizes with huge design flexibility for both simple and highly complex designs. A popular manufacturing option, plastic moulding techniques are responsible for many car parts, containers, signs and other high volume items. Molding, also sometimes spelled moulding, is the process of manufacturing by shaping liquid or pliable material using a rigid frame called a mold or matrix. The plastic industry has been growing at about 20 percent a year on the back of spiralling demand from domestic and export markets. The growth rate of the Indian plastics industry is one of the highest in the world, with plastics consumption growing at 16% per annum (compared to 10% p.a. in China and around 2.5% p.a. in the UK). With a growing middle class (currently estimated at 50 million) and a low per capita consumption of plastics, currently 8kg per head, this trend is likely to continue.
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Continuous Copper Rod (CCR) from Copper Scraps

Copper rod is considered suitable for power and communication cables, house wire, strips for power and distribution transformers, magnet wires, etc. Copper rod is considered suitable for power and communication cables, house wire, strips for power and distribution transformers, magnet wires, etc.
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PVC Insulated Winding Wires for Submersible Motors

Winding wires are insulated with a very superior grade of PVC compound to give it the necessary electrical strength and resistance to abrasion. The copper conductors of required purity and conductivity are drawn and annealed specification. The automatic on-line controls in our extrusion process consistently give high quality of Capital Cables winding wires. The latest trend gaining momentum in the market is the rise in smart grid infrastructure. The economy, health and safety, and national security of any nation depend on the reliable delivery of electricity. The electricity grid is not just about power generation and transmission. It also includes an ecosystem of service providers, manufacturers, asset owners, and government officials at the local, state, and federal levels working together to run a reliable electrical grid. The development of smart grids across the globe is leading to the adoption of new metering technologies, better power protection measures, and use of efficient appliances. The global winding wire market is growing at a steady rate. In 2016, the market experienced high demand from APAC, followed by EMEA. In recent times, the rise in urbanization along with an increase in industrialization in the developing nations is likely to fuel the demand for winding wires as these wires are used in a variety of industries.
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Solid Fuel Cake

A hexamine fuel tablet is a form of solid fuel in tablet form. The tablets burn smokelessly, have a high energy density, do not liquefy while burning and leave no ashes. Invented in Murrhardt, Germany, in 1936, the main component is hexamine, which was discovered by Aleksandr Butlerov in 1859. Some fuel tablets use 1, 3, 5-trioxane as another ingredient. The tablets are used for cooking by campers, the military and relief organizations. They are often used with disposable metal stoves that are included with field ration packs. A pot can be supported above this with a circle of chicken wire or metal tent pegs. The burning tablets are sensitive to wind, so a simple windscreen should be used, such as a strip of aluminium foil curved in a circle around the pot and stove.
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Automobile Silencer for Two and Three wheelers

Automobile Silencer is a device used to reduce the noise produced by the engine. Silencer is used in automobile vehicles to reduce the noise produced by the exhaust gases of the engine. Mufflers are installed within the exhaust system of most internal combustion engines. The muffler is engineered as an acoustic device to reduce the loudness of the sound pressure created by the engine by acoustic quieting. The noise of the burning-hot exhaust gas exiting the engine at high velocity is abated by a series of passages and chambers lined with roving fiberglass insulation and/or resonating chambers harmonically tuned to cause destructive interference, wherein opposite sound waves cancel each other out. The installation of a muffler can make a significant difference to the noise level of a car. The primary function of an automotive muffler is to reduce the noise emissions from an engine. Automotive mufflers reduce noise production simply by allowing exhaust gases to pass through passages. Two types of automotive mufflers are available in the market. Since the optimal design of mufflers results in reduced noise from engines and enhanced fuel saving, these two factors are expected to drive the global automotive mufflers market during the forecast period. Furthermore, stringent government regulations regarding noise pollution in various regions such as North America, Western Europe and the APEJ are expected to drive the global automotive mufflers market. In the product type category, the muffler segment is expected to reflect high market share in the coming years. This segment led the global market during the past years and is expected to continue the trend in the years to follow. The muffler segment in 2017 was valued a little below US$ 10 Bn and is estimated to touch a value of over US$ 13 Bn by the end of the year of assessment (2027). The muffler segment is projected to grow at a value CAGR of 3.8% during the period of forecast (2017-2027). The global automobile muffler market is expected to grow exponentially in the near future. The market is driven by growing environmental concerns and stringent exhaust noise laws are driving the automobile mufflers market. Increasing customer base expected to open the future growth opportunities for the global automobile muffler market players. Additionally, growing market of the electric motorcycle and electrical scooter is expected to fuel the growth of the market over the forecast period. The global automobile muffler market is expected to grow exponentially in the near future. The market is driven by growing environmental concerns and stringent exhaust noise laws are driving the automobile mufflers market. Increasing customer base expected to open the future growth opportunities for the global automobile muffler market players. Additionally, growing market of the electrical motorcycle and electrical scooter is expected to fuel the growth of the market over the forecast period.
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Mango Pickles Manufacturing Business

Mango Pickles Manufacturing Business. How to Start a Pickle Business. Mango Fruit Processing Industry Pickle making is a global culinary art; you can find variety of pickles around the world. It is one of the oldest methods of preserving food. Traditionally, people used to make pickles at home and use to preserve it in ceramic jars or earthen pots, but with due course of time its popularity and demand increased which made people to use it commercially. The optimization of pickle quality depends on maintenance of proper acidity, salt concentration, temperature and sanitary conditions. The mangoes used for the pickles are of course different in different parts of the country. A mango pickle is a variety of pickle prepared using mango. It is a very popular South Asian pickle. These sometimes spicy pickles are also available commercially. Uses of Mango Pickles • It is used as palatable food materials. • It is largely used in the domestic food products during breakfast, lunch or dinner. • It can be easily transferred from one place to another place. Benefits of Pickle: • It helps in improving the digestion of the body • It reduces ulcers • A good source of antioxidants • Enhances taste of the food Market Potential Mango pickle is an essential part of typical Andhra cuisine. Whatever is the occasion, without pickle the meals course is not complete. East and West Godavari districts are renowned for preparation of the pickles at households. But the preparation of pickles became a cottage industry providing livelihood to thousands of women. Mango pickles and other mango products even mango itself has a very good export as well as domestic market. On an average, an Indian family consumes around 2 kilograms of pickle per year. As life is becoming fast and hectic, people want readymade quality products that can provide them a homemade taste. Now, almost every segment of the society middle class, upper middle class and rich class are looking for readymade food options with good services. So, the market potential is like that you can talk to almost anyone about your product. The better is your service and taste; the better will be your growth prospects. The market is being driven by the wide range of health benefits offered by pickles as they are a rich source of essential nutrients such as vitamins, iron, calcium and potassium. Additionally, the growing popularity of non-GMO and organic pickles has positively influenced the market growth. The thriving food service sector has also contributed to the growing demand for pickles across the globe. Nowadays, a surge in cross-cultural cuisines has further widened the scope for the consumption of pickles in various emerging markets as well. Rising disposable incomes and aggressive promotional activities undertaken by the manufacturers is anticipated to fuel the market in the foreseeable future. Owing to the abovementioned factors, the market is expected to reach a value of US$ 12 Billion by 2023, growing at a CAGR of 3% during 2018-2023. The pickles market in the Americas was valued at USD 5.36 billion in 2015. In 2015, the US emerged as the largest market in the Americas and accounted for 47.76% of its share in the region. More than 67% of American households consume pickles, with a per capita consumption of close to nine pounds annually. Adults above the age of 55 are the main consumers. However, new flavors and the purported health benefits of pickles have attracted younger consumers in the market. On the basis of product types, the market can be segmented into fruits, vegetables, meat, seafood, relish etc. On the basis of distribution channels, the market is divided into grocery retailers, hypermarket/ supermarkets, online retailers, and others etc. hypermarkets/supermarkets is likely to hold major share in the market, due to their large scale business- which further results in bigger revenue generation. Also, the segment is expected to witness strong growth during the forecast period, owing to repeat business that these supermarkets/hypermarket do through customers. Geographically, the global market for pickles is segregated to North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North America and Latin America combined makes the most dominant region in the global market for pickles. This is attributed to larger consumption of pickles among the consumers in North America due to their differentiating taste and taste enhancing capabilities. Asia Pacific is anticipated to witness the fastest growth rate during the forecast period owing to increased demand for pickles among consumers as a savory product and also as food enhancers. Developing nations such as China and India are showing substantial growth rate in this region. The global pickles market is highly fragmented because of the presence of several large and small vendors. The vendors in the market compete on the basis of factors such as price, quality, innovation, service, reputation, distribution, and promotion to gain more market shares. 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Tungsten Carbide Rod

Tungsten carbide (WC) is an inorganic chemical compound containing equal parts of tungsten and carbon atoms. In its most basic form, it is a fine gray powder, but it can be pressed and formed into shapes for use in industrial machinery, tools, abrasives, as well as. Tungsten carbide is approximately three times stiffer than steel, and is much denser than steel or titanium. Tungsten Carbide Hard Metals are primarily produced using a Powder Metallurgy process. Tungsten carbide rods, commonly used to make drill bits, PCB board micro-drill, mold thimble, die top etc. The global tungsten carbide market, by value, is estimated to witness growth at a CAGR of 4.4% over the period 2016 to 2022. This growth in the market is attributed to the increasing demand for various applications such as metal cutting tools; wear parts, mining & drilling tools etc. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • All Metal Process Inds. Ltd. • Ceratizit India Pvt. Ltd. • Creative Tools & Press Components Pvt. Ltd. • Rapicut Carbides Ltd. • Riddhi Steel & Tube Ltd. • Taegutec India Pvt. Ltd.
Plant capacity: Tungsten Carbide Rod: 2 MT/DayPlant & machinery: Rs. 86 lakhs
Working capital: -T.C.I: Cost of Project: Rs.377 lakhs
Return: 33.00%Break even: 66.00%
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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