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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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Chocolate, Toffee and Candy Industry

The chocolate and confectionery products industry has traditionally been subject to significant fluctuations in demand.Chocolate is a key ingredient in many foods such as milk shakes, candy bars, cookies and cereals.Chocolates are the favourite item of children. Its primary feature is that it is solid at room temperature of 20 - 25 deg. C and yet melts rapidly in the mouth at 37 deg. C giving a liquid, which appears smooth to the tongue. It is expected that India chocolate industry will be growing at the CAGR 23% by volume between the years 2013-2018 and reach at 3,41,609 Tons.The dark chocolates are expected to account for the larger market share when compared to milk and white chocolates in the coming years.The India Chocolate market is expected to reach USD 5.01 billion by 2023.This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Barista Coffee Co. Ltd. • Baroda Agro Inds. Ltd. • Candico (I) Ltd. • Cocoa Products & Beverages Ltd. • Fresh & Honest Cafe Ltd. • Gandour India Food Processing Pvt. Ltd.
Plant capacity: Chocolate: 2000 Kgs./Day Toffee: 500 Kgs./Day Candy: 500Kgs./DayPlant & machinery: Rs.305 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1058 lakhs
Return: 26.00%Break even: 36.00%
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Residential Apartment

Residential Apartment is a part of Housing, which has encouraging scope or development. House is a very complex term.A standard residential building of bungalow type with has drawing room, dining room office room, guest room, kitchen room, store, pantry, dressing room, bathroom, front verandah, stairs etc., Housing finance companies (HFCs) have been significantly contributing to the industry’s growth. They have been at the forefront addressing financial needs of the segment at the base of the pyramid and have gained a significant market share in India’s mortgage market. If these trends are well leveraged, HFCs will continue to strengthen their market share through wider finance penetration and expanding reach in Tier II and III cities. Driven by these aspects the demand for affordable housing, loan disbursement is expected to record five-year CAGR of 17-18% to reach Rs 9 trillion by 2020-21.Entrepreneurs who invest in this project will be successful.
Plant capacity: 312 Nos./AnnumPlant & machinery: 00
Working capital: -T.C.I: Cost of Project: Rs 10676 lakhs
Return: 1.00%Break even: N/A
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Residential Apartment

Residential Apartment is a part of Housing, which has encouraging scope or development. House is a very complex term.A standard residential building of bungalow type with has drawing room, dining room office room, guest room, kitchen room, store, pantry, dressing room, bathroom, front verandah, stairs etc., Housing finance companies (HFCs) have been significantly contributing to the industry’s growth. They have been at the forefront addressing financial needs of the segment at the base of the pyramid and have gained a significant market share in India’s mortgage market. If these trends are well leveraged, HFCs will continue to strengthen their market share through wider finance penetration and expanding reach in Tier II and III cities. Driven by these aspects the demand for affordable housing, loan disbursement is expected to record five-year CAGR of 17-18% to reach Rs 9 trillion by 2020-21.Entrepreneurs who invest in this project will be successful.
Plant capacity: 312 Nos./AnnumPlant & machinery: 00
Working capital: -T.C.I: Cost of Project: Rs 10676 lakhs
Return: 1.00%Break even: N/A
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Cement Plant

Cement is the binder component of concrete, the glue that holds the filler together to create a uniform, strong material. The filler in concrete consists primarily of aggregate particles.Cement is a material with adhesive and cohesive properties which make it capable of bonding minerals fragments into a compact whole. It can be defined as any substance, which can join unite two or more pieces of some other substance together to form a unit mass. Cement demand is expected to increase by 5.0-5.5% y-o-y in FY18 on back of increased spends on roads and railways, push towards affordable housing by central government, materialization of pent-up demand, particularly in rural housing and low base. Cement demand is expected to reach 550-600 Million Tonnes Per Annum (MTPA) by 2025.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • A C C Ltd. • Adani Cements Ltd. • Ambuja Cements Ltd. • B R Cement Industry Ltd. • Bagalkot Cement &Inds. Ltd. • Bharathi Cement Corpn. Pvt. Ltd. • BhilaiJaypee Cement Ltd.
Plant capacity: Cement: 1000 MT/DayPlant & machinery: Rs. 1732 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 3952 lakhs
Return: 27.00%Break even: 57.00%
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Soft Gelatin Capsules

Soft gelatin (also called softgel or soft elastic) capsules consist of one piece hermetically-sealed soft shells. Soft gelatin capsules are prepared by adding a plasticizer, such as glycerin or polyhydric alcohol (e.g., sorbitol), to gelatin. The plasticizer makes gelatin elastic. Soft gelatin capsules come in various shapes such as spherical, elliptical, oblong, and special tube shapes with and without twist off. The demand of the soft gel capsules is increasing due to the available customization facilities for the molds and content as per customer needs.The Global Softgel Capsules Market is poised to grow at a CAGR of around 5.4% over the next decade to reach approximately $316.6 billion by 2025.Which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • C J Gelatine Products Ltd. • Fortcaps Healthcare Ltd. • Healthcaps India Ltd. • India Gelatine& Chemicals Ltd. • K P Gelatines& Chemicals India Ltd. • MarksansPharma Ltd. • Medgel Pvt. Ltd.
Plant capacity: Soft Gelatin Capsules: 3120000Nos./DayPlant & machinery: Rs. 649 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 10871 lakhs
Return: 35.00%Break even: 31.00%
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Bakery Products (Cake & Filled Croissants Puffs)

Bakery holds an important place in food processing industry and is a traditional activity.Bakery products, due to high nutrient value and affordability, are an item of huge consumption. Due to the rapid population rise, the rising foreign influence, the emergence of a female working population and the fluctuating eating habits of people, they have gained popularity among people, contributing significantly to the growth trajectory of the bakery industry. India is a major manufacturing house for bakery products and is the third- largest biscuit manufacturing country after USA and China. The Indian bakery market is valued at Rs. 3,295 crore and out of this, bread and biscuits hold 82% of the share. India’s organised bakery sector produces about 1.3 millions tonne of bakery products (out of three million tonnes) while the balance is produced by unorganised, small-scale local manufacturers. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • Ampro Products Ltd. • Anmol Industries Ltd. • Bakemans Industries Pvt. Ltd. • Bonn Nutrients Pvt. Ltd. • Britannia Industries Ltd. • Century Biscuits Ltd.
Plant capacity: Cakes (200 gm): 720000 Pcs./Day Filled Croissants Puffs (60 gm): 480000 Pcs./DayPlant & machinery: Rs.540 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 12913 lakhs
Return: 33.00%Break even: 35.00%
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Admixtures Plant (Water Retarding Admixtures for Concrete)

Water reducers, retarders, and super plasticizers are admixtures for concrete, which are added in order to reduce the water content in a mixture or to slow the setting rate of the concrete while retaining the flowing properties of a concrete mixture. Admixtures are used to modify the properties of concrete or mortar to make them more suitable to work by hand or for other purposes such as saving mechanical energy.. The use of WRA may accelerate or retard the initial setting time of concrete. Rate of concrete admixtures market growth is highly influenced by construction industry in developing economies and worldwide markets will hit $18.10 billion by 2020, at a CAGR of 9.15% between 2015 and 2020.The market size in terms of value of water retarding admixture is estimated to be USD 2.52 billion in 2015 and is projected to grow at a CAGR of about 8.16% between 2015 and 2020.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Bharat Chemicals & Fertilizers Ltd. • Fosroc Chemicals (India) Pvt. Ltd. • Hindustan Chemicals & Minerals Pvt. Ltd. • Particle Dynamics Pvt. Ltd. • Prism Johnson Ltd. • Thermax Ltd.
Plant capacity: Water Retarding Admixture for Concrete: 20 MT/DayPlant & machinery: Rs. 40 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 160 lakhs
Return: 30.00%Break even: 76.00%
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Calcium Bromide

Calcium bromide is the calcium salt of hydrobromic acid with the chemical formula of CaBr2. It is concentrated hygroscopic powder which will absorb water from the air. Calcium Bromide Powder dissolves in water and other brines, yield completion work over and packer fluids of densities upto 2.3 gm/ml (19.2 lb/gal).Calcium bromide is used as a component of drilling and completion fluids which are used to maximize the productivity of an oil well, to minimize site erosion of the well, and to aid in the shutdown of the well. The bromine derivatives market is pegged to be a high value market.The global bromine market was USD 2.47 billion in 2016 and is projected to reach USD 3.96 billion by 2022, at a CAGR of 8.4% between 2017 and 2022.This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Agrocel Industries Pvt. Ltd. • ChemconSpeciality Chemicals Pvt. Ltd. • Maruti Organics Ltd. • ModyChemiPharma Ltd.
Plant capacity: Calcium Bromide (Liquid 50%): 10000 MT/AnnumPlant & machinery: Rs. 247 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1337lakhs
Return: 29.00%Break even: 51.00%
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Ready Mixed Concrete. RMC Production

Ready Mixed Concrete. RMC Production. Ready-Mix Concrete (RMC) Manufacturing Plant. A Revolution in Production of Concrete Ready-mix concrete (RMC) is a mixture of cement, water, sand and aggregates. Manufacturing ready-mix concrete and delivering through a transit mixer enables the implementation of precise concrete in the construction project, making it sturdy, strong and long lasting. Ready-mix concrete is particularly advantageous when small quantities of concrete or intermittent placing of concrete are required. Ready-mixed concrete is also ideal for large jobs where space is limited and there is little room for a mixing plant and aggregate stockpiles. Ready mixed refers to concrete that is batched for delivery from a central plant instead of being mixed on the job site. Each batch of ready-mixed concrete is tailor-made according to the specifics of the contractor and is delivered to the contractor in a plastic condition, usually in the cylindrical trucks often known as "cement mixers." Ready mix concrete is sometimes preferred over on-site concrete mixing because of the volume it can produce with precision of proportion of mixtures and also due to reduced work site confusion. Using a pre-determined concrete mixture reduces flexibility, both in the supply chain and in the actual components of the concrete. Ready-mix concrete is also termed as the customized concrete products for commercial purpose. Ready-mix concrete (RMC) refers to concrete that is specifically manufactured for delivery to the customer’s construction site in a freshly mixed and plastic or unhardened state. Concrete itself is a mixture of Portland cement, water and aggregates comprising sand and gravel or crushed stone. In traditional work sites, each of these materials is procured separately and mixed in specified proportions at site to make concrete. Ready-mix concrete is bought and sold by volume – usually expressed in cubic meters (cubic yards in the US). Ready-mix concrete (RMC) market is extensively used for the construction of various infrastructure development applications which include residential and commercial buildings, airports, runways, ports, energy generation facilities, production plants, and roads. Uses of Ready Mix Concrete 1. Construction Ready mix concrete Cement and asphalt have long been staples in the construction industry, but ready-mix varieties have made major strides in improving strength and durability. This solution can be used to erect large buildings, bridges, and warehouses as it offers the quality, limited pollution, and cost-savings essential for large-scale projects. Because the concrete has been prepared before reaching the construction site, workers can focus on proper application methods rather than wasting time on mixture measurements. 2. Freeways Anyone who has driven on a freeway riddled with potholes knows the downfall of poor-quality concrete. Paving a freeway requires durable, long-lasting materials that will hold up against all weather and heavy traffic. Ready-mix concrete can be fine-tuned to endure harsh conditions and is renowned for its superior longevity, making it perfect for the demands of public streets and highways. 3. Eco-Friendliness The ingredients of concrete – water, aggregate and cement – are readily available and sourcing them has a lesser impact on the environment than when other building materials are used. Any leftover materials from the creation of the concrete can be reused or recycled, too. 4. Lower Maintenance Costs The resilience, strength and durability of concrete means that buildings constructed from it will remain in good condition for years on end. There may be some minor cosmetic maintenance required, but overall, concrete will maintain its condition for much longer than other materials, reducing the required expense for maintenance. Advantages of Ready-Mix Concrete Following are the advantages of ready-mix concrete: • Ready Mix Concrete (RMC) allows speedy construction through programmed delivery at site, mechanized operation with consequent economy. • RMC reduces the labour cost and site supervising cost. • RMC comes with consistency in quality through accurate & computerized control of sand aggregates and water as per mix designs. • Production of RMC helps in minimizing cement wastage due to bulk handling. • Production of RMC is relatively pollution free. • Reduced project time resulting in savings in all aspects. • Proper control and economy in use of raw material resulting in saving of natural resources. Market Survey The ready-mix concrete market is expected to witness a steady growth rate during the forecast period, 2018 - 2023. The growing number of infrastructure projects, including bridges, roads, dams, and airport expansion works, especially in developing nations is fueling the demand for ready-mix concrete. The global ready-mix concrete market is thus expected to witness high growth in the coming years. Some of the other reasons behind the growth of the market are high government spending on construction, manufacturing, and power plants, the growing population, and the trend of urbanization. Ready-mix concrete is a type of concrete that improves durability and sustainability. It is an easier option purchasing the raw materials individually and experimenting every time with handling and proportioning, is not involved. The global ready-mix concrete market is a very dynamic market and is expected to witness high growth over the forecast period. The global ready-mix concrete market has been segmented by production (on site and off site), by application (Commercial, Residential, Infrastructure, Industrial utilities) and by region (the Americas, Europe, Asia-Pacific and RoW). Increased construction of residential and commercial complexes is also expected to boost ready-mix demand during the coming years. Rapid population expansion, coupled with the infrastructural requirement in Saudi Arabia, has led the government to initiate several large-scale construction works in order to ease pressure on existing infrastructure, which, in turn, will spur the market growth over the forecast period. Growing population and increasing disposable income in China and India will drive the construction growth, which in turn, will spur the demand for RMC. Ready-mix concrete owing to their superior features are widely used in non-residential applications, such as in commercial, infrastructure, and industrial. India has even experienced significant interest from foreign investors in its infrastructural sector. RMC is being preferred over traditional concrete owing to ease of use, greater convenience, economy, and better quality. Furthermore, wastage reduction, low inventory costs, and efficient utilization will lead to the lowering of the overall project expenditures which in turn will augment the product demand over the upcoming years. The global ready-mix concrete market can be segmented on the basis of geography into Asia Pacific, North America, Europe, and the Rest of the World. In terms of geography, Asia Pacific accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. Asia Pacific will lead in the market owing to a growing number of new infrastructural projects in India, Singapore, China, and Thailand. Rapid industrialization and urbanization in these countries are behind the growth of the market in Asia Pacific. Some of the major factors responsible for the market’s growth in the region is the rapid industrialization, population growth, urbanization, and favorable government policies, availability of cheap resources and skilled workforce, and low operational and labor costs. On the other hand, it is expected that the introduction of new infrastructure construction projects will create a heightened demand for ready-mix concrete. This will ensure a continued growth of the market in the coming years. Growing population and increasing disposable income in China and India will drive residential construction growth which in turn will spur the demand for RMC. Moreover, establishment of manufacturing facilities and power plants to keep up with the growing demand for energy on a global scale will further stimulate the product requirement over the forecast period. 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Chocolate, Toffee and Candy Manufacturing Industry

Chocolate, Toffee and Candy Manufacturing Industry. Start your own Confectionery Business Chocolate is a typically sweet, usually brown, food preparation of cocoa beans, roasted and ground, often flavored, as with vanilla. It is made in the form of a liquid, paste or in a block or used as a flavoring ingredient in other sweet foods. Chocolate has become one of the most popular food types and flavors in the world, and a vast number of foodstuffs involving chocolate have been created. Chocolates, one of the mouthwatering foods, are relished by kids, young and middle-aged people in India. That’s why chocolate industry is growing day-by-day in India. Nowadays chocolates honour the most auspicious festivals in India like Diwali and Raksha Bandhan and occasions such as birthdays, weddings and engagements. Chocolates enter the market with different sizes, shapes and designs according to the occasion and are priced correspondingly. People are now slowly shifting from traditional Indian sweetmeats to the well-wrapped chocolates. Chocolate is a key ingredient in many foods such as milk shakes, candy bars, cookies and cereals. It is ranked as one of the most favourite flavours in North America and Europe. Despite its popularity, most people do not know the unique origins of this popular treat. Chocolate is a product that requires complex procedures to produce. The process involves harvesting coca, refining coca to cocoa beans, and shipping the cocoa beans to the manufacturing factory for cleaning, coaching and grinding. These cocoa beans will then be imported or exported to other countries and be transformed into different type of chocolate products. Candy, also known as sweets, toffies or lollies, is a sweet treat or a confection made with sugar or sugar substitutes like chocolates, combined with additives like fruits, nuts, etc. or a piece of such confection. Unlike a cake or a chocolate bar or a loaf of bread that can be shared among many people candy is usually made in smaller pieces. The definition of candy also depends upon people on how they treat the food. Unlike sweet pastries that are served as a dessert course at the end of the meal candies are often eaten casually as a mouth refreshment or between meals. Market Outlook India’s love for all things sweet is expected to push demand for chocolate products even higher in the coming years. Mintel forecasts that the country’s chocolate market will hit Rs 32,000 crore by 2020, up over 160% from Rs 12,000 crore in 2015, making it one of the world’s fastest-growing. In 2016, India consumed an estimated 228 thousand tonnes of chocolate confectionary, up 50% from the 152 thousand tonnes consumed in 2011. Chocolate confectionery is projected to see a 4% retail value CAGR at constant 2017 prices over the forecast period to reach INR148 billion in 2022. A rising penetration rate, including among rural consumers, and a growing fondness for chocolate as a healthy snack option are expected to stimulate sales. Globally, India is amongst the fastest growing chocolate markets. In 2016, the chocolate market in the country grew by 13% year-on-year. Other than India, Poland's market which grew at 2% year-on-year are the only two countries globally have shown growth in the chocolate market. “Consumers are fast shifting towards niche and premium chocolate varieties and there is tremendous demand for dark chocolates as they have less sugar and more cocoa taste. India is a nation of chocoholics and the country has one of the world's fastest growing chocolate markets which posted a huge 13 per cent sales growth last year. India's chocolate market has a positive outlook due to exceptional growth in the confectionery industry, rising per capita income and gifting culture in the country. Over the years, changes in consumers' preferences and lifestyle, eating habits, and their global exposure to international brands have given a boost to the chocolate industry. The India Chocolate market is expected to reach USD 5.01 billion by 2023, witnessing a robust CAGR during the forecast period. Chocolate consumption volume in the region surpassed 193 million Kg in 2017, with Moulded Chocolate registered the largest volume sale. Rising per capita income and westernization tend is the key driver for the market. Expanding retail channel and impulse purchase are further driving the market. Growing demand for premium varieties gives a potential opportunity for foreign brands to tap the market. Rising demand for premium and dark chocolate as a result of growing affluent middle-class purchasing power coupled with marketing and promotional activities triggered the chocolate demand. Consumer demand for high cocoa content in chocolate and consumer awareness related to cocoa benefits are driving the dark chocolate market. Moulded chocolate dominates the Indian chocolate retail sale followed by count lines. The sale of boxed assortment is growing at a faster pace driven by increased in occasional gifting trend. Heavy price and discount offered at supermarkets/hypermarkets and healthy eating habits are another factor boosted sales. The Indian chocolate market in precedent years has been witnessing tremendous growth in terms of value as well as volume. The governance of market is maintained by large international giants through franchisee and expansion into new markets which is leading to the growth of the chocolate industry in India. India is a market of huge opportunity and it will continue to grow at a healthy rate in the next few years to come. Urban people are becoming more aware and conscious about chocolate brands and thus dominate the chocolate consumption heavily. Affluent urban consumers are now even demanding premium chocolates which are more costly than the regular ones. Manufacturers are keen to tap this section of consumers and are introducing premium or higher-priced products into the market. The chocolate industry is also considered as the most popular product in the food processing sector. With the demand of premium high end chocolate going up in the market; international companies are entering into the market through collaborations and acquisitions in order to increase their share in the market. India chocolate market is divided into four segments where Bars chocolate segment accounts for maximum share of 36%. However, the demand for assorted chocolates is expected to increase with the highest growth rate within next five years considering the increasing gifting culture in the country followed by growing demand for luxury chocolates. The chocolate industry has a considerable growth potential in the country but the area of concern lies in high input cost of raw materials such as sugar, cocoa, milk powder and increasing packaging cost. Increasing tariffs and rising custom duty also makes the imported chocolate costly thereby affecting the sales of premium chocolates in the country. Chocolate market is segmented on the basis of products such as dark chocolate, milk chocolate and white chocolate. Dark chocolate consists of more than 60% cocoa content and is known to have health benefits which such as reducing risk of cardiovascular diseases and improving blood flow are likely to propel its demand over the next six years. Global chocolate market witnessed substantial growth over the past decade and is expected to follow similar a growth trend over the forecast period owing to changing taste preferences and improving lifestyle of consumers especially in the Asia Pacific region. One of the most consumed and popular food product among consumers across the globe is chocolate. Based on the amount of cocoa employed during preparation, different varieties of chocolates are produced globally. As the global chocolate market is highly driven by the taste preferences of consumers, it is imperative that companies focus on product development and marketing strategies to gain a wider consumer base and capture new markets. The growth of the global chocolate market is primarily driven by the rising awareness among consumers regarding the health benefits associated with cocoa-rich dark chocolates. This trend is anticipated to boost the popularity of chocolate across the globe. The popularity of dark chocolate is expected to rise over the forthcoming years owing to the fact that it helps in preventing cardiac diseases, in addition to other benefits. Chocolate is wildly popular for individual consumption, as gifts and for the purposes of baking and cooking. Due to the dominance of large-scale production dynasties, franchises and small businesses tend to focus on unique or specialty items and services. The demand for cocoa is predicted to rise by 30% by 2020, the industry is all set to ignite for a country like India. The chocolate industry offers a wide variety of opportunities for the small business owners too. The industry growth will be driven by population growth as well as expansion into new markets, product innovation and rising disposable income levels leading to a greater purchasing of premium offerings. The global market for chocolate is expected to witness a robust CAGR. A host of trends and opportunities that are currently driving the market are slated to shape up the market condition during the forecast period. Chocolate is one of the most profitable components of the confectionary industry globally. The chocolate industry has been representing a multibillion dollar market since the past decade and is expected to reach new levels of growth within the next few years. Rising awareness about health benefits of consuming a chocolate on a daily basis, will remain a key booster to the global chocolate market over the next few years. It is expected that the global chocolate market will grow at a CAGR of approximately to 5% through 2020. New flavors coupled with product packaging innovations will be the trend going forward. World over there is growth potential in the customized and luxury chocolate segments. People have a rising affinity for handcrafted chocolate and many startups are dappling in the art of chocolate making. Popularity of premium chocolates is on the rise particularly in the United States and Brazil. While rising obesity and health concerns worldwide is a challenge for the growth of the sector, there is also growing awareness about the benefits of dark chocolate. Players have also been introducing low sugar and sugarless chocolates. Increasing population of the country, rising disposable income coupled with innovative product offerings by major players along with aggressive product marketing and robust supply chain network with increasing penetration in rural areas are few of the major factors fueling the demand of candies in India. Candy market in India is anticipated to grow at a CAGR of over 9% during 2016 - 2021, on account of rising middle class households, coupled with increasing working as well as youth population. The most dominant segment in the country's candy market is sugar candy. Rapid modernization, continuously rising innovative and premium product launches, growing e-commerce market coupled with expanding organized retail channels and synchronized distribution networks are projected to drive candy market in India in the coming years. Most part of India is still poorly developed or undeveloped. However, increase in personal disposable income and rising standards of living due to westernization has shifted the mindset of consumers from saving to consumption and spending on lifestyle. The spending power of consumers in India is projected to increase due to rising middle class households. Today, consumers are willing to entertain quality products, irrespective of the price constraints and this is why the premium products in candy market are picking up speed in India. Rising young population base in the country coupled with increasing preference for imported products which backed by aggressive marketing and promotional campaigns by foreign players, innovative product offerings and more than ever evolving distribution network with increasing penetration in rural areas are few of the factors aiding to the growing demand of candies in India. Candies are also treated as the replacement for expensive chocolates by consumers. This is forecast to drive the candy market in the country. Global Confectionery Market size was valued at $184,056 million in 2015, and is expected to reach $232,085 million by 2022, supported by a CAGR of 3.4% during the forecast period 2016 - 2022. Confectionery market comprises array of food products such as chocolates, raw pastes, and various sugar-based products. In addition, it includes therapeutic and dietetic confectioneries that differ in formulations from traditional confections. The preferred type of confectioneries often differ according to the geographical regions due to difference in regulatory norms and other factors such as economy and taste & preference of customers. The global confectionery market is growing at a steady pace owing to high demand from middle-class consumers. Product innovation in terms of formulations, processing, and packaging is the major factor that drives the growth of the confectionery industry. Moreover, retail market expansion and economic growth in advanced & emerging economies supplement the market growth. Asia-Pacific confectionery market showed the highest growth rate in 2015. Product portfolio extensions and new brand launches from established players are significant factors that fuel the market growth in Asia-Pacific. Key players in the region largely invest on advertising campaigns and marketing to enhance their brand recognition and influence in the confectionery industry. Ferrero China Ltd., a confectionery company promotes its products as gifts for weddings and other occasions. Fluctuation in prices of raw materials, growth in health awareness among consumers about sugar intake, and diverse consumer spending habits limit the confectionery market growth. Rise in demand for low-calorie, organic, sugar-free and functional products provide lucrative growth opportunities to the confectionery industry. Confectionery market is segmented on the basis of type and region. Based on type, the market is categorized into sugar, chocolate, fine bakery wares, and others. In terms of sugar confectionery, the market is divided into hard-boiled sweets, caramel & toffees, gums & jellies, medicated confectionery, mints, and others. Chocolate confectionery is sub segmented into white, milk, and dark chocolate. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Tags Production of Chocolate, Chocolate Production, Manufacturing of Chocolate, Chocolate, How to Make Chocolate, Chocolate Making Process, Chocolate Manufacturing, How Chocolate is Made, Chocolate Making, Chocolate Manufacturing Process Pdf, Chocolate Production Process Flow Chart, How is Chocolate Made in Factories, Chocolate Manufacturing Process PPT, Chocolate Manufacturing Plant, Chocolate Manufacturing Process, Chocolate Industry, Chocolate Production Process, Manufacture of Chocolate, Chocolate Manufacturing Process, How to Set Up a Commercial Chocolate Production, How to Start a Chocolate Business, Starting a Chocolate Business, Start Chocolate Making Business, How to Start Your Own Chocolate Business, Business Plan for Starting a Chocolate Manufacturing, Commercial Chocolate Making Business, Starting a Chocolate Factory, Starting Chocolate Manufacturing Business, Industrial Chocolate Production, Chocolate Manufacturing Industry, Chocolate and Confectionery Manufacturing, Project Report on Chocolate Manufacturing Industry, Detailed Project Report on Chocolate Manufacturing, Project Report on Chocolate Production, Pre-Investment Feasibility Study on Chocolate Manufacturing, Techno-Economic feasibility study on Chocolate Manufacturing, Feasibility report on Chocolate Production, Free Project Profile on Chocolate Manufacturing, Project profile on Chocolate and Confectionery Manufacturing, Download free project profile on Chocolate Manufacturing, Toffee Manufacturing Plant Cost, Toffee Manufacturing Process Pdf, Toffee Candy Production, Toffee Production, Toffee Making, How to Start a Candy or Chocolate Making Business, How to Start Candy Making Business, Candy Making Business, How to Start a Candy Factory in India, Candy Manufacturing, How to Start Manufacturing Project of Confectionery Products Business, Starting a Candy & Confectionery Manufacturers Business, How to Make Money in Candy Manufacturing Business, Candy Manufacture
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