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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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Fruit Processing Industry

Fruit Processing Industry. Production of Mango & Pomegranate Juice. Start a Profitable Fruit Juice Business Fruit processing is a profitable business. Fruit processing enhances the shelf life of the fruits. In addition, value-added processed fruits fetch more profit than fresh fruits. The fruit processing industry caters a wide range of segments. It includes fresh, fresh-cut, canned, frozen, dried, and convenience products, as the method of processing is different for each of these segments. On the basis of operation type, you can adopt semi-automatic or fully automatic operation. The fruit processing industry is growing rapidly worldwide. However, major reasons are consumer demand for healthy and fresh products that are easily available and require minimal preparation time. And Asia Pacific region has the best potential of this industry. Mango Juice Mango is known as the king of the fruits. It grows mostly in tropical climates and has been a favourite among humans for over 4000 years. Mango and its juice, commonly known as “aam ras” contain many vital vitamins and minerals that are essential for a healthy human body. Mango is a very sweet fruit and hence one does not need to add sugar in it, and hence it makes it very beneficial for health. Mango juices are produced from mango fruits. Fruit generally has been defined as the ripened ovary of the flower, with or without other associated parts. It can be classified broadly into two, namely, juicy and pulpy fruits. Pomegranate Juice Pomegranate juice is made from the fruit of the pomegranate. It is used in cooking both as a fresh juice and as a concentrated syrup. Pomegranate juice contains more than 100 phytochemicals. The pomegranate fruit has been used for thousands of years as medicine. It is one of the few fruits whose juice is as beneficial as the fruit itself. This is because the peel contains the maximum amount of antioxidants which are released in abundance when the fruit is squeezed while juicing. It is currently ranked alongside blue berries and green tea for its nutritional benefits. Market Outlook Mango Fruit Juice Market: The global demand for tropical fruit juices has been increasing for the past few years. Sweet aromatic taste of mango is the major factor driving the growth of mango fruit juice market. Rising health concerns and amount of nutrition in fruit juices successfully influenced the growth of mango juice market. Europe is the major consumer of fruit juices which comprises more than 20% consumption of mango juice in Europe of which more than 50% consumed in United Kingdom. Countries in Asia, South America and Africa are the major producer of mango and major exporters to North America and Europe. Major producers are responsible for more than 90% domestic consumption. Mango beverages are one of the fastest growing fruit juice categories, which are outpacing the carbonated drinks in terms of volume growth. Mango Fruit juices are majorly known for its taste and acquire largest market in Asian countries such as China, India and Indonesia. Market players such coca cola and PepsiCo are continuously expending huge amount on advertisements and product line of mango juices in Asia. In 2016, carbonated drink market in Asia has grown by 27% in volume sales, but juice segment that have up to 25% fresh juice content has grown by 63% over the same period. Rising health awareness and growing popularity of tropical fruits are the major factors driving the growth of mango juice market. The industrial demand for tropical fruits and mangoes are growing quickly owing to response from consumer demand for indigenous and non-indigenous fruits. Global production of mango has grown significantly in recent years and surpassed 45 million tons of production in 2015. Growing disposable income and product innovation are some of the other factors which have significantly accelerated the sales of mango fruit juice. Demand for mango concentrates in North-America and Europe are growing significantly owing to rising demand for fruit juices and concentrates in western countries. However, rising logistic costs and being a tropical fruit, mango is quite a costly fruit in regions of Europe and North-America, which is expected to saturate the growth of mango juice in some markets. The global mango juice market is anticipated to reach USD 22.1 billion by the end of 2024, expanding at a compound annual growth rate of 4.1% over the forecast period i.e. 2016-2024. The global mango juice market accounted for over USD 16.0 billion in 2016 owing health awareness among consumers. Pomegranate Juice Market: This type of drink is famous in the United States and is gradually expanding in Europe. Due to its unique production method, the cost of the pomegranate is high and the sale price is high. The big consumers are the middle class and the rich, where compared to men, women tend to like a pomegranate more. Growing health consciousness and other benefits of pomegranate such as nutrition values and sources are driving the global pomegranate market. On the other hand, increasing disposable incomes, evolving lifestyle and adaption of organic food culture are supporting the growth of the Global Pomegranate Juice Market. Global Pomegranate Juice Market is segmented into regions such as North America, Latin America, Europe, Middle East and Africa and Asia Pacific. World demand is good for Indian pomegranates, especially in the German and Dutch markets, where they are known for their quality. An Indian merchant attributes this to having the advantage over other producing countries when it comes to investing in production technology, with more experience. Demand is increased for Italian pomegranates which are driving the regional market. Also, Asia pacific is estimated to be fastest growing region with highest CAGR owing to factors like wide cultivation of pomegranates in countries like India and presence of major economies such as China and others. Fruit juice Market: Fruit juices nowadays have become a social drink which captures the attention of each individual of a society. The restrictions for other type of alcoholic drinks gave an ultimate way to the demand of fruit juices. In Indian market, the severe competition among the producers has encouraged them to go for innovative ways. The consumers are mostly lean towards the brands which come across them in the daily life while going through television, newspapers, and magazines, banners displayed in roads and from web sites. The juice market has turned into a competitive market as there are similar competitors in the market serving the same type of juice by different brand names. India fruit juice market is majorly driven by the factors such as rising health consciousness, as a result of which the consumers now prefer more organic beverages over carbonated drinks which are free from added sugar and artificial flavors and preservatives. Children centered fruit juice market is one of the high potential market, which is barely promoted by any producer of fruit juices. As a major market for fruit drinks, children fruit drink market majorly consists of protein drinks and milk beverages. Under the requirement of higher nutrient values, children fruit juices fascinate consumers with attractive packaging and designs, which ensures positive market prospects. The market for fruit juice is driven by several growth-inducing factors. The primary factor for the growth is the rising health concerns, as a result of which the consumers are now shifting from carbonated drinks to organic beverages which are free from added sugar, flavours and preservatives. This has increased the demand for fruit juice globally. Some of the other factors which have accelerated the demand for fruit juice are increasing disposable incomes, value addition, product innovation and growth in emerging markets. Global juice market is expected to witness significant growth during the forecast period from 2015 to 2021. Rising dietary and health concerns among consumers is one the key factors giving a push to the global fruit juice market. Owing to the high nutritional content and refreshing attributes of fruit juices, there has been a major shift in consumer preferences from carbonated drinks to the non-carbonates and natural beverages like fruit juices. Several other factors like population growth, rising disposable incomes, product innovations, premiumization and growing demand from emerging markets are also inducing the growth of the global market for fruit juices. Changes in lifestyles and awareness regarding the consumption of a healthy and balanced diet have steered the growth of the global juice market. As a result of the growing consumption of vegetable and fruit juice, the global market for juice is likely to witness strong growth over the forthcoming years. However, the growth of the global juice market is entirely dependent on the geographical distribution and availability of vegetables and fruits. In the beverage industry, juices constitute the most competitive segment. Regionally, the global juice market is segmented into Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America. Manufacturers of juice are likely to gain lucrative growth opportunities from the growing consumption of orange juice in developed countries. The leading markets for juice in these regions are the U.S., Japan, and Europe. Fruit Processing Industry. Production of Mango & Pomegranate Juice. Start a Profitable Fruit Juice Business Fruit processing is a profitable business. Fruit processing enhances the shelf life of the fruits. In addition, value-added processed fruits fetch more profit than fresh fruits. The fruit processing industry caters a wide range of segments. It includes fresh, fresh-cut, canned, frozen, dried, and convenience products, as the method of processing is different for each of these segments. On the basis of operation type, you can adopt semi-automatic or fully automatic operation. The fruit processing industry is growing rapidly worldwide. However, major reasons are consumer demand for healthy and fresh products that are easily available and require minimal preparation time. And Asia Pacific region has the best potential of this industry. Mango Juice Mango is known as the king of the fruits. It grows mostly in tropical climates and has been a favourite among humans for over 4000 years. Mango and its juice, commonly known as “aam ras” contain many vital vitamins and minerals that are essential for a healthy human body. Mango is a very sweet fruit and hence one does not need to add sugar in it, and hence it makes it very beneficial for health. Mango juices are produced from mango fruits. Fruit generally has been defined as the ripened ovary of the flower, with or without other associated parts. It can be classified broadly into two, namely, juicy and pulpy fruits. Pomegranate Juice Pomegranate juice is made from the fruit of the pomegranate. It is used in cooking both as a fresh juice and as a concentrated syrup. Pomegranate juice contains more than 100 phytochemicals. The pomegranate fruit has been used for thousands of years as medicine. It is one of the few fruits whose juice is as beneficial as the fruit itself. This is because the peel contains the maximum amount of antioxidants which are released in abundance when the fruit is squeezed while juicing. It is currently ranked alongside blue berries and green tea for its nutritional benefits. Market Outlook Mango Fruit Juice Market: The global demand for tropical fruit juices has been increasing for the past few years. Sweet aromatic taste of mango is the major factor driving the growth of mango fruit juice market. Rising health concerns and amount of nutrition in fruit juices successfully influenced the growth of mango juice market. Europe is the major consumer of fruit juices which comprises more than 20% consumption of mango juice in Europe of which more than 50% consumed in United Kingdom. Countries in Asia, South America and Africa are the major producer of mango and major exporters to North America and Europe. Major producers are responsible for more than 90% domestic consumption. Mango beverages are one of the fastest growing fruit juice categories, which are outpacing the carbonated drinks in terms of volume growth. Mango Fruit juices are majorly known for its taste and acquire largest market in Asian countries such as China, India and Indonesia. Market players such coca cola and PepsiCo are continuously expending huge amount on advertisements and product line of mango juices in Asia. In 2016, carbonated drink market in Asia has grown by 27% in volume sales, but juice segment that have up to 25% fresh juice content has grown by 63% over the same period. Rising health awareness and growing popularity of tropical fruits are the major factors driving the growth of mango juice market. The industrial demand for tropical fruits and mangoes are growing quickly owing to response from consumer demand for indigenous and non-indigenous fruits. Global production of mango has grown significantly in recent years and surpassed 45 million tons of production in 2015. Growing disposable income and product innovation are some of the other factors which have significantly accelerated the sales of mango fruit juice. Demand for mango concentrates in North-America and Europe are growing significantly owing to rising demand for fruit juices and concentrates in western countries. However, rising logistic costs and being a tropical fruit, mango is quite a costly fruit in regions of Europe and North-America, which is expected to saturate the growth of mango juice in some markets. The global mango juice market is anticipated to reach USD 22.1 billion by the end of 2024, expanding at a compound annual growth rate of 4.1% over the forecast period i.e. 2016-2024. The global mango juice market accounted for over USD 16.0 billion in 2016 owing health awareness among consumers. Pomegranate Juice Market: This type of drink is famous in the United States and is gradually expanding in Europe. Due to its unique production method, the cost of the pomegranate is high and the sale price is high. The big consumers are the middle class and the rich, where compared to men, women tend to like a pomegranate more. Growing health consciousness and other benefits of pomegranate such as nutrition values and sources are driving the global pomegranate market. On the other hand, increasing disposable incomes, evolving lifestyle and adaption of organic food culture are supporting the growth of the Global Pomegranate Juice Market. Global Pomegranate Juice Market is segmented into regions such as North America, Latin America, Europe, Middle East and Africa and Asia Pacific. World demand is good for Indian pomegranates, especially in the German and Dutch markets, where they are known for their quality. An Indian merchant attributes this to having the advantage over other producing countries when it comes to investing in production technology, with more experience. Demand is increased for Italian pomegranates which are driving the regional market. Also, Asia pacific is estimated to be fastest growing region with highest CAGR owing to factors like wide cultivation of pomegranates in countries like India and presence of major economies such as China and others. Fruit juice Market: Fruit juices nowadays have become a social drink which captures the attention of each individual of a society. The restrictions for other type of alcoholic drinks gave an ultimate way to the demand of fruit juices. In Indian market, the severe competition among the producers has encouraged them to go for innovative ways. The consumers are mostly lean towards the brands which come across them in the daily life while going through television, newspapers, and magazines, banners displayed in roads and from web sites. The juice market has turned into a competitive market as there are similar competitors in the market serving the same type of juice by different brand names. India fruit juice market is majorly driven by the factors such as rising health consciousness, as a result of which the consumers now prefer more organic beverages over carbonated drinks which are free from added sugar and artificial flavors and preservatives. Children centered fruit juice market is one of the high potential market, which is barely promoted by any producer of fruit juices. As a major market for fruit drinks, children fruit drink market majorly consists of protein drinks and milk beverages. Under the requirement of higher nutrient values, children fruit juices fascinate consumers with attractive packaging and designs, which ensures positive market prospects. The market for fruit juice is driven by several growth-inducing factors. The primary factor for the growth is the rising health concerns, as a result of which the consumers are now shifting from carbonated drinks to organic beverages which are free from added sugar, flavours and preservatives. This has increased the demand for fruit juice globally. Some of the other factors which have accelerated the demand for fruit juice are increasing disposable incomes, value addition, product innovation and growth in emerging markets. Global juice market is expected to witness significant growth during the forecast period from 2015 to 2021. Rising dietary and health concerns among consumers is one the key factors giving a push to the global fruit juice market. Owing to the high nutritional content and refreshing attributes of fruit juices, there has been a major shift in consumer preferences from carbonated drinks to the non-carbonates and natural beverages like fruit juices. Several other factors like population growth, rising disposable incomes, product innovations, premiumization and growing demand from emerging markets are also inducing the growth of the global market for fruit juices. Changes in lifestyles and awareness regarding the consumption of a healthy and balanced diet have steered the growth of the global juice market. As a result of the growing consumption of vegetable and fruit juice, the global market for juice is likely to witness strong growth over the forthcoming years. However, the growth of the global juice market is entirely dependent on the geographical distribution and availability of vegetables and fruits. In the beverage industry, juices constitute the most competitive segment. Regionally, the global juice market is segmented into Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America. Manufacturers of juice are likely to gain lucrative growth opportunities from the growing consumption of orange juice in developed countries. The leading markets for juice in these regions are the U.S., Japan, and Europe. Fruit Processing Industry. Production of Mango & Pomegranate Juice. Start a Profitable Fruit Juice Business Fruit processing is a profitable business. Fruit processing enhances the shelf life of the fruits. In addition, value-added processed fruits fetch more profit than fresh fruits. The fruit processing industry caters a wide range of segments. It includes fresh, fresh-cut, canned, frozen, dried, and convenience products, as the method of processing is different for each of these segments. On the basis of operation type, you can adopt semi-automatic or fully automatic operation. The fruit processing industry is growing rapidly worldwide. However, major reasons are consumer demand for healthy and fresh products that are easily available and require minimal preparation time. And Asia Pacific region has the best potential of this industry. Mango Juice Mango is known as the king of the fruits. It grows mostly in tropical climates and has been a favourite among humans for over 4000 years. Mango and its juice, commonly known as “aam ras” contain many vital vitamins and minerals that are essential for a healthy human body. Mango is a very sweet fruit and hence one does not need to add sugar in it, and hence it makes it very beneficial for health. Mango juices are produced from mango fruits. Fruit generally has been defined as the ripened ovary of the flower, with or without other associated parts. It can be classified broadly into two, namely, juicy and pulpy fruits. Pomegranate Juice Pomegranate juice is made from the fruit of the pomegranate. It is used in cooking both as a fresh juice and as a concentrated syrup. Pomegranate juice contains more than 100 phytochemicals. The pomegranate fruit has been used for thousands of years as medicine. It is one of the few fruits whose juice is as beneficial as the fruit itself. This is because the peel contains the maximum amount of antioxidants which are released in abundance when the fruit is squeezed while juicing. It is currently ranked alongside blue berries and green tea for its nutritional benefits. Market Outlook Mango Fruit Juice Market: The global demand for tropical fruit juices has been increasing for the past few years. Sweet aromatic taste of mango is the major factor driving the growth of mango fruit juice market. Rising health concerns and amount of nutrition in fruit juices successfully influenced the growth of mango juice market. Europe is the major consumer of fruit juices which comprises more than 20% consumption of mango juice in Europe of which more than 50% consumed in United Kingdom. Countries in Asia, South America and Africa are the major producer of mango and major exporters to North America and Europe. Major producers are responsible for more than 90% domestic consumption. Mango beverages are one of the fastest growing fruit juice categories, which are outpacing the carbonated drinks in terms of volume growth. Mango Fruit juices are majorly known for its taste and acquire largest market in Asian countries such as China, India and Indonesia. Market players such coca cola and PepsiCo are continuously expending huge amount on advertisements and product line of mango juices in Asia. In 2016, carbonated drink market in Asia has grown by 27% in volume sales, but juice segment that have up to 25% fresh juice content has grown by 63% over the same period. Rising health awareness and growing popularity of tropical fruits are the major factors driving the growth of mango juice market. The industrial demand for tropical fruits and mangoes are growing quickly owing to response from consumer demand for indigenous and non-indigenous fruits. Global production of mango has grown significantly in recent years and surpassed 45 million tons of production in 2015. Growing disposable income and product innovation are some of the other factors which have significantly accelerated the sales of mango fruit juice. Demand for mango concentrates in North-America and Europe are growing significantly owing to rising demand for fruit juices and concentrates in western countries. However, rising logistic costs and being a tropical fruit, mango is quite a costly fruit in regions of Europe and North-America, which is expected to saturate the growth of mango juice in some markets. The global mango juice market is anticipated to reach USD 22.1 billion by the end of 2024, expanding at a compound annual growth rate of 4.1% over the forecast period i.e. 2016-2024. The global mango juice market accounted for over USD 16.0 billion in 2016 owing health awareness among consumers. Pomegranate Juice Market: This type of drink is famous in the United States and is gradually expanding in Europe. Due to its unique production method, the cost of the pomegranate is high and the sale price is high. The big consumers are the middle class and the rich, where compared to men, women tend to like a pomegranate more. Growing health consciousness and other benefits of pomegranate such as nutrition values and sources are driving the global pomegranate market. On the other hand, increasing disposable incomes, evolving lifestyle and adaption of organic food culture are supporting the growth of the Global Pomegranate Juice Market. Global Pomegranate Juice Market is segmented into regions such as North America, Latin America, Europe, Middle East and Africa and Asia Pacific. World demand is good for Indian pomegranates, especially in the German and Dutch markets, where they are known for their quality. An Indian merchant attributes this to having the advantage over other producing countries when it comes to investing in production technology, with more experience. Demand is increased for Italian pomegranates which are driving the regional market. Also, Asia pacific is estimated to be fastest growing region with highest CAGR owing to factors like wide cultivation of pomegranates in countries like India and presence of major economies such as China and others. Fruit juice Market: Fruit juices nowadays have become a social drink which captures the attention of each individual of a society. The restrictions for other type of alcoholic drinks gave an ultimate way to the demand of fruit juices. In Indian market, the severe competition among the producers has encouraged them to go for innovative ways. The consumers are mostly lean towards the brands which come across them in the daily life while going through television, newspapers, and magazines, banners displayed in roads and from web sites. The juice market has turned into a competitive market as there are similar competitors in the market serving the same type of juice by different brand names. India fruit juice market is majorly driven by the factors such as rising health consciousness, as a result of which the consumers now prefer more organic beverages over carbonated drinks which are free from added sugar and artificial flavors and preservatives. Children centered fruit juice market is one of the high potential market, which is barely promoted by any producer of fruit juices. As a major market for fruit drinks, children fruit drink market majorly consists of protein drinks and milk beverages. Under the requirement of higher nutrient values, children fruit juices fascinate consumers with attractive packaging and designs, which ensures positive market prospects. The market for fruit juice is driven by several growth-inducing factors. The primary factor for the growth is the rising health concerns, as a result of which the consumers are now shifting from carbonated drinks to organic beverages which are free from added sugar, flavours and preservatives. This has increased the demand for fruit juice globally. Some of the other factors which have accelerated the demand for fruit juice are increasing disposable incomes, value addition, product innovation and growth in emerging markets. Global juice market is expected to witness significant growth during the forecast period from 2015 to 2021. Rising dietary and health concerns among consumers is one the key factors giving a push to the global fruit juice market. Owing to the high nutritional content and refreshing attributes of fruit juices, there has been a major shift in consumer preferences from carbonated drinks to the non-carbonates and natural beverages like fruit juices. Several other factors like population growth, rising disposable incomes, product innovations, premiumization and growing demand from emerging markets are also inducing the growth of the global market for fruit juices. Changes in lifestyles and awareness regarding the consumption of a healthy and balanced diet have steered the growth of the global juice market. As a result of the growing consumption of vegetable and fruit juice, the global market for juice is likely to witness strong growth over the forthcoming years. However, the growth of the global juice market is entirely dependent on the geographical distribution and availability of vegetables and fruits. In the beverage industry, juices constitute the most competitive segment. Regionally, the global juice market is segmented into Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America. Manufacturers of juice are likely to gain lucrative growth opportunities from the growing consumption of orange juice in developed countries. The leading markets for juice in these regions are the U.S., Japan, and Europe. Tags #Fruit_Processing, #Fruit_Processing_Industry, #Processing_of_Fruits, #Fruit_and_Fruit_Juice_Processing, Fruit Processing Plant, Fruit Processing Unit, Fruits and Fruit Processing, Industrial Fruit Processing, Fruit Processing Factory, Small-Scale Fruit Processing, Fruit Processing Industry in India and Its Opportunities, Indian Fruit Processing Industry, How to Start Fruits Processing Industry, How to Start a Fresh Juice Business, How to Start a Fruit Juice Business in India, Starting a Fruit Juice Business, Fruit Juice Production, How to Start a Fruit Juice Processing Plant, Juice Business Opportunities, Juice Business Plan Pdf, Fruit Juice Processing Business Plan in India, Start Commercial Production of Fresh Juice, Project on Mango Juice Industry, How to Start a Mango Juice Business, Mango Juice, #Mango_Juice_Production_Process, Mango Processing Plant, Commercial Processing of Mangoes, Mango Juice Processing Pdf, Mango Juice Processing Plant, Mango Processing Flow Chart, Mango Pulp Processing Unit Cost, Mango Juice Processing Flow Chart, Mango Processing Plant Layout, Mango Juice Manufacturing Process, Mango Juice Making Business, Production of Mango Juice, Pomegranate Processing, Setting up a Pomegranate Juice Production Unit, Pomegranate Juice Processing, #Production_of_Pomegranate_Juice, Pomegranate Juice Processing Plant, Pomegranate Processing Project Report, Pomegranate Juice Manufacture, #Project_Report_on_Fruit_Processing_Plant_Industry, Detailed Project Report on Fruit Juice Production, Project Report on Mango Juice Processing Industry, Pre-Investment Feasibility Study on Fruit Juice Production, #Techno_Economic_feasibility_study_on_Pomegranate_Juice_Processing_Plant, #Feasibility_report_on_Pomegranate_Juice_Processing_Plant, Free Project Profile on Fruit Processing Plant, #Project_profile_on_Pomegranate_Juice_Processing_Plant, Download free project profile on Mango Juice Processing Business
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Return: 1.00%Break even: N/A
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Bamboo Toothpicks

Bamboo toothpicks are widely used in many Asian countries, especially in China where there are a large number of small-scale toothpick production units. Bamboos are renewable, can be harvested annually and are an ideal source of softwood for light uses such as toothpicks. Though the demand for the product is always high as it is used daily in homes and the entire hospitality industry, toothpick production is one of the most commonly overlooked business but very profitable and has big potential for job creation and growth. The raw materials (bamboos) for making toothpicks are locally available meaning there is reduced cost of production and an assurance of regular raw material supply, steady productivity, enhanced production capacity and profitability. The demand for toothpick has been growing over the years, marked by the growing demand for fast food products. This is shown by the growth and remarkable performance of fast food restaurants in the local market.
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Milk Chilling & Packaging Plant, Milk Processing Plant (Milk Chilling and Milk Packaging)

Milk is the most valuable protein food that widely consumed by people all over the world. The milk plants include the fluid milk production, cheese production, yogurt production, ice cream production to make the huge variety of milk products like cheese, butter, cream, skimmed milk, yogurt, toned milk or double toned milk and much more. The milk processing industry in India will rise at an overall compound annual growth rate (CAGR) of 20.5%, and will be worth USD 53.17 billion by 2020. Increasing urbanization, rising incomes, and the proliferation of food and grocery retail outlets across tier 2 and tier 3 cities has led to an increasing accessibility and demand for processed milk products in India. However, the Indian milk processing industry is yet to achieve its full potential due to challenges such as gaps in the supply chain, insufficient cold storage and distribution facilities, and lack of quality feed. The U.S. market by was valued at USD 792.0 million in 2016 and is predicted to grow at a CAGR of 6.1% from 2017 to 2025. The U.S. dairy industry has experienced some major change over the past few years as the consumption of processed milk products is increasing significantly and production of the same is declining. Moreover, reduction in cow number and increasing per capita consumption of milk are some of the major challenges witnesses by the country. The milk packaging market is expected to register a CAGR of 2.77 % during the forecast period (2018-2023). The rise in production of milk across the globe is expected to have a positive impact on the market growth over the forecast period. Furthermore, the correct choice of packaging material in accordance with the weather conditions helps in ascending shelf life of the product which is likely to boost the utilization. Apart from providing safety and hygiene of products, it enables differentiation of products of two distinct companies or competitors. Moreover, increase in demand for single serve milk packs is estimated to fuel the growth of the global milk packaging market during the forecast period. In addition, several health & nutritional benefits associated with the use of packaging materials have fueled the demand for milk in the recent years, which is expected to drive the global market during the forecast period. The global milk packaging market is segmented based on packaging type, material, and geography. On the basis of packaging type, it is categorized into cups, cans, bottles, pouches, and others. Based on material, it is classified into glass, plastic, metal, paperboard, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Cloth Surgical Adhesive Tape

Cloth Adhesive Surgical Tape provides secure durable skin adhesion. Designed with strong, lightweight construction. Tears easily without shredding. This Premium Cloth Tape is a good quality durable tape that can be ripped in both directions. Surgical tape or medical tape is a type of pressure-sensitive adhesive tape used in medicine and first aid to hold a bandage or other dressing onto a wound. These tapes usually have a hypoallergenic adhesive which is designed to hold firmly onto skin, dressing materials, and underlying layers of tape, but to remove easily without damaging the skin. They allow air to reach the skin ("breathable"). Some breathable tapes such as Kinesiology Tape, and other elastic bandages with adhesive are made of cotton. Surgical tape is often white because it contains zinc oxide, which is added to help prevent infections. Adhesive Tapes Market was valued at USD 48.56 Billion in 2016 and is projected to reach USD 69.42 Billion by 2022, at a CAGR of 6.26% during the forecast period. In this study, 2016 has been considered as the base year, and the forecast period is between 2017 and 2022. The adhesives tapes market has been segmented on the basis of resin type, backing substrate, technology, category, application, and region. Based on resin type, the adhesives tapes market has been classified into acrylic, rubber, silicone, and others. Silicone-based adhesive tapes maintain adhesion over a large temperature range and possess the ability to adhere to difficult surfaces. The overall adhesive strength of silicone-based adhesive tapes is lower than that of other adhesive tapes.
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Caustic Soda Flakes from Sea Water

Caustic soda flakes (technical sodium hydroxide flakes) – flake mass of white color, very hygroscopic, very soluble in water and alcohol. The formula is NaOH. Technical sodium hydroxide flakes are obtained by evaporating of liquid caustic soda ? grade. Caustic Soda Flakes is a flexible fundamental synthetic with an extensive variety of mechanical applications. It is exceedingly insolvable is water and is for all the insoluble in most natural solvents with exception of alcohols. Caustic Soda Flakes is available in the form of lye (solution in water), as strong and as pieces. Caustic Soda Flakes is an inorganic concoction compound having a place with the gathering of the most grounded alkalies, it is profoundly hygroscopic and solvent in water and alcohols. The global caustic soda market was valued at 78,833.08 kilotons in 2017 and is expected to grow at a CAGR of approximately 5.15% during the forecast period (2018 - 2023). The market is mainly driven by the growing demand from the chemicals industry, the rising demand for alumina in the automotive industry, and the increasing demand for paper and paperboards. On the flipside, energy-intensive production process is expected to hinder market growth. The global caustic soda market is segmented as the type, application and region. On the basis of type, caustic soda market is segmented as lye, flake and others. On the basis of application, market is segmented as inorganic chemical, organic chemical, alumina, soap & detergents, pulp & paper, water treatment, textiles, dye & ink and others. Based on the region, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
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Naphthalene from Coal Tar & Petroleum Waste

Naphthalene is an organic compound with formula C10H8. It is the simplest polycyclic aromatic hydrocarbon, and is a white crystalline solid with a characteristic odor that is detectable at concentrations as low as 0.08 ppm by mass. As an aromatic hydrocarbon, naphthalene's structure consists of a fused pair of benzene rings. It is best known as the main ingredient of traditional mothballs. Naphthalene is the most abundant single constituent of coal tar, a volatile product from the destructive distillation of coal, and is also formed in modern processes for the high-temperature cracking (breaking up of large molecules) of petroleum. It is commercially produced by crystallization from the intermediate fraction of condensed coal tar and from the heavier fraction of cracked petroleum. The substance crystallizes in lustrous white plates, melting at 80.1°C (176.2°F) and boiling at 218°C (424°F). It is almost insoluble in water. Naphthalene is highly volatile and has a characteristic odour; it has been used as moth repellent. Naphthalene is a class of an organic compound with chemical formula C10H8. It is considered as the simplest polycyclic aromatic hydrocarbon, and is a white solid chemical that sublimes easily. Naphthalene is manufactured commercially from either coal tar or petroleum; majorly it is produced from coal tar across the globe. Naphthalene is used in the manufacturing of phthalic anhydride and also used in mothballs. Additionally, it is used as surfactant & wetting agent, plasticizer, and pesticide in numerous end use industries such as building & construction, agriculture, household cleaning, textile and others. The global naphthalene market is categorized into five regions, Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. The Asia Pacific region is predicted to grow with the fastest CAGR during the review period, (2016 to 2023) on account of expansion of numerous end use industries such as building & construction and agriculture among others.
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Solder Flux

Flux in the smelting of copper these agents served various functions, the simplest being a reducing agent, which prevented oxides from forming on the surface of the molten metal, while others absorbed impurities into the slag, which could be scraped off the molten metal. As cleaning agents, fluxes facilitate soldering, brazing, and welding by removing oxidation from the metals to be joined. The global market for solder flux is estimated to swell at a CAGR of 6.30% between 2017 and 2024. Rising at this pace, the market will reach US$367.3 million by 2024 from US$213.2 million in 2015. The global market for solder flux is heavily influenced by the sturdy rise in the manufacturing of printed circuit board (PCB), fueled by the increasing production of computers and mobile phones across the world. The significant growth in the automotive and the semiconductor industries is also having a positive impact on the sales of solder flux, reflecting positively on this market. The global solder flux market is majorly impacted in a positive way by the strong increase in the PCB (printed circuit board) manufacturing, boosted by the growing mobile phones and computers production all around the world. Also, a noteworthy growth in the automotive and the semiconductor sectors is positively impacting the solder flux sales, thus enhancing the growth of the global solder flux market.
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Phosphoric Acid from Rock Phosphate (By Using 25% Venyl Sulphon Content Sulphuric Acid and Hydrochloric Acid)

Phosphoric acid (also known as orthophosphoric acid or phosphoric (V) acid) is a weak acid with the chemical formula H3PO4. Orthophosphoric acid refers to phosphoric acid, which is the IUPAC name for this compound. The prefix ortho- is used to distinguish the acid from related phosphoric acids, called polyphosphoric acids. Orthophosphoric acid is a non-toxic acid, which, when pure, is a solid at room temperature and pressure. The demand for phosphoric acid is primarily driven by the increasing demand for the production of phosphate fertilizers, which is closely related to the growing population worldwide. The global phosphoric acid market was valued at US$ 13,399.62 Mn in 2017 and is anticipated to register a stable CAGR of 3.0% from 2018 to 2026. The global phosphoric acid market is driven by rise in the demand for phosphate fertilizers. Phosphoric acid and its phosphate by-products can be used for sequestration of metal ions along with precipitation, pH control, nutrient source, scale inhibition, water fluoridation, lead precipitation agent, corrosion inhibitor, acidity regulator, synergy with surfactants, alkalizing capacity, dispersing agent, buffer agent, and softening and complexion agent. Phosphoric acid can be classified according to its use in metal treatment industry and detergents industry. India phosphoric acid market was dominated by fertilizer grade in 2015, and the segment is forecast to continue its dominance in the coming years, on account of large quantities of phosphoric acid required for production of phosphate fertilizers. West India accounted for the largest share in the country’s phosphoric acid market in 2015, and the region is expected to remain the largest consumer through 2021, predominantly owing to presence of major fertilizer manufacturing industries in Gujarat and Maharashtra.
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Nitric Acid (60%) from Ammonia

Nitric acid is the primary reagent used for nitration – the addition of a nitro group, typically to an organic molecule. While some resulting nitro compounds are shock- and thermally-sensitive explosives, a few are stable enough to be used in munitions and demolition, while others are still more stable and used as pigments in inks and dyes. Nitric acid is also commonly used as a strong oxidizing agent. Nitric acid is made by the reaction of nitrogen dioxide (NO2) with water. Normally, the nitric oxide produced by the reaction is re-oxidized by the oxygen in air to produce additional nitrogen dioxide. Adding sulfuric acid to a nitrate salt and heating the mixture with an oil bath can make almost pure nitric acid. A condenser is used to condense the nitric acid fumes that bubble out of the solution. The global nitric acid market size is expected to reach USD 14.0 billion by 2022, progressing at a CAGR of 1.8% during the forecast period. Flourishing agriculture industry and surging demand for fertilizers are among the key trends escalating market growth. Nitric Acid Market is expected to observe a surge in demand due to growing application in production of various chemicals including calcium ammonium nitrate, ammonium nitrate, toluene di isocyanate, adipic solutions and nitrobenzene, especially used in fertilizers, pharmaceuticals, polyurethanes and other end use industries. In addition, rising need in various chemical industries including elastomers, polyurethane foams and coatings coupled with elastomers, foam plastics, floor & wood finishes, polyurethane foam coated fabrics and different insulation materials is anticipated to boost nitric acid market growth in the forecasted period. Nitric acid is one of the world’s largest commodity chemicals. It is used predominantly as an intermediate for fertilizer production (primarily ammonium and calcium ammonium nitrate) and for the production of nitro-containing organic intermediates. The market for nitric acid was mainly driven by fertilizer industry. Nitric acid is used in manufacturing of ammonium nitrate and calcium ammonium nitrate which finds application in fertilizers. Ammonium nitrate is also used in manufacturing of urea
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Utensil Cleaning Bar

Utensil-cleaning products are formulations in powder, bar, paste or liquid form, containing a cleansing agent like synthetic detergent, soap, SLS, etc., along with powdered, mildly abrasive materials (optional in case of liquid). These are used primarily for cleaning of utensils and crockery, and secondarily for kitchen shelf and basin or even cooker tops, etc., where cleansing is affected by the combined action of detergency and scrubbing. In utensil cleaning category, dishwashing bars dominate market revenues, followed by liquid cleaners whereas dishwashing paste has negligible contribution. Consumers in urban areas are now upgrading to dishwashing liquids which are expected to register robust growth in the forecast period. Powder based utensil cleaners are now set to diminish from the market. The surface cleaning market is growing mainly because of rising awareness about brands due to heavy promotion by leading companies.
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