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

Tripura is a state in Northeast India. The third-smallest state in the country, it covers 10,491 km2 (4,051 sq mi) and is bordered by Bangladesh (East Bengal) to the north, south, and west, and the Indian states of Assam and Mizoram to the east. Tripura is a landlocked state in North East India. The state has a tropical savanna climate, designated Aw under the Köppen climate classification. The undulating topography leads to local variations, particularly in the hill ranges. The four main seasons are winter, from December to February; pre-monsoon or summer, from March to April; monsoon, from May to September; and post-monsoon, from October to November.

Tripura's gross state domestic product for 2010–11 was 129.47 billion (US$2.1 billion) at constant price (2004–05), recording 5.71 per cent growth over the previous year. In the same period, the GDP of India was 48778.42 billion (US$790 billion), with a growth rate of 8.55 per cent. Tripura is an agrarian state with more than half of the population dependent on agriculture and allied activities. However, due to hilly terrain and forest cover, only 27 per cent of the land is available for cultivation. Rice, the major crop of the state, is cultivated in 91 per cent of the cropped area.

TOURISM

Tripura has a geographical area of about 10,492 sq. km. almost two-thirds of the state is under hilly terrain and it is surrounded on three sides by the deltaic basin of Bangladesh. The Tripura tribal’s are divided into two groups: Puran Tripuras and Natun Tripuras. The Puran Tripuras are the original inhabitants of the State and constitute a little over 16% of the total and 57% of the tribal population of the State. The Department of Tourism, Govt. of India, under the ministry of Tourism and Culture has been providing liberal financial and technical support for the tourism development in the state based on the projects received from the states. It is quite clear that Tripura has tremendous and quite unique tourism potential. This could be tapped mainly through the concept of Eco-tourism and Heritage tourism. Nature / wildlife tourism, adventure tourism, rural tourism, leisure tourism, pilgrimage tourism, international border tourism could be some special tourist packages. The Tourism Development in the Northeast region will depend on integrated approach, involving various government departments, private entrepreneurs, voluntary organizations and local community. This approach will also help in evolving local people’s perception towards tourism development as a strong tool for socio-economic up liftment.

INDUSTRIAL SECTOR

The State Government offers a package of incentives for setting up of industrial units, which is comparable to other states. Besides, the special incentive package i.e. North East Industrial and Investment Promotion Policy (NEIIP) declared by the Government of India for the North East Region is available to industrial units.

State Package of Incentives under Tripura Industrial Investment Promotion Incentive Scheme-

•                    Capital Investment Subsidy @ 30% and additional subsidy @ 2.5% for enterprises of ST, SC, & women individuals on Fixed Capital Investment.

•                    Full Reimbursement of Standard Certification Fees /Charges / other expenses on account of obtaining a standard Certification.

•                    Provides State Transport Subsidy for covering the portion for which Central Transport Subsidy is not available

•                    85% Exemption from the payment of Earnest Money and Security Deposits on tenders floated by State Govt. Department / Agencies.

Incentives declared by Central Government:

•                    Exemption of Excise Duty on finished products.

•                    Central Transport Subsidy.

•                    Income Tax Benefit.

•                    Capital Investment Subsidy.

•                    Comprehensive Insurance Scheme for insurance coverage. Subsidies to service sector, bio-technology and power generating industries.

INVESTMENT OPPORTUNITIES

Tripura offers an investor-friendly environment. The Government welcomes investments into the State, from both domestic and foreign investors.

•        Natural gas

Tripura has vast reserves of natural gas in non-associate form. The gas is of high quality, with high methane content of up to 97%. The availability of superior quality natural gas, at concessional price, offers a great opportunity to prospective investors, to set up gas-based industrial units, using natural gas

•        Information Technology (IT)

Tripura has been considered the second best IT destination in the North East. IT sector (including IT-enabled services) has been identified as one of the major potential growth sectors by the state. The high literacy rate of the State provides additional advantage for development of the sector.

•        Food Processing

The State government has identified food processing as a major thrust area. There is a vast potential for setting up of food processing units in the State. The agro-climatic conditions in Tripura are ideally suited for production of a large variety of horticultural crops.

•        Handicrafts

From time immemorial, Tripura has carved out a name for itself in the field of handicrafts. The gifted artisans produce wonderful objects of crafts from simple material like cane, bamboo and wood.

•        Tourism

Tripura is an attractive tourist destination. The state has a rich cultural heritage. There are number of historical Hindu and Buddhist sites.


INDUSTRIAL POLICY

•        To improve Basic as well Industrial Infrastructure.

•        Industrial Growth by attracting Private Investment.

•        To improve investment climate towards better regulation by removing barriers to competition.

•        Creation of hassle-free and congenial investment climate.

•        To bring significant increase in the State Domestic Product.

•        Widening of resources base of the state.

•        Development of connectivity (Internal road, railways and air & telecom).

•        Better social infrastructure Enabling Entrepreneurship -building capacities through entrepreneurial and technical skills, training and promotion of self-employment.

THRUST AREAS

•        Natural Gas

•        Food Processing

•        Rubber

•        Tea

•        Handicraft

•        Bamboo

•        Handloom

•        Tourism

•        Information Technology

•        Education

  •           Healthcare

The Department of Industries & Commerce was established to promote Village and Small-scale industries as well as medium and large scale industries in the State. While efforts are being made to promote entrepreneurship within the State, the outside investors in the public and private sectors are also encouraged both for their financial capabilities and technical expertise, for the medium and large-scale units. The major existing industrial area is the Industrial Growth Centre Complex at Bodhjungnagar which also includes Food Park, Rubber Park and Export Promotion Industrial Park. The other industrial sites near Agartala as the main business and industrial centres are Dukli, Arundhatinagar and Badharghat. The mineral resources are minor amounts of glass sands, limestone, plastic clay and hard rock and all of these materials are being used in varying degrees. Setting up of ceramic tiles unit and other mineral based industries are being encouraged in the private sector.

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Red Iron Oxide (With Mining of Mineral Ore Along with Processing and Beneficiation)

Iron (III) oxide or ferric oxide is the inorganic compound with the formula Fe2O3. It is one of the three main oxides of iron, the other two being iron (II) oxide (FeO), which is rare; and iron (II,III) oxide (Fe3O4), which also occurs naturally as the mineral magnetite. As the mineral known as hematite, Fe2O3 is the main source of iron for the steel industry. Fe2O3 is readily attacked by acids. Iron (III) oxide is often called rust, and to some extent this label is useful, because rust shares several properties and has a similar composition. To a chemist, rust is considered an ill-defined material, described as hydrated ferric oxide. The most common inorganic pigment is red iron oxide. World production of iron oxide pigments is about 600 thousand tons per year and greatly exceeds the production of other color pigments, with the highest demand is for red iron oxide pigments, slightly below demand for the yellow iron oxide pigments. Production of red iron pigment from iron ores is promising and will meet the demand for high quality and inexpensive pigment. The raw material for the production of a pigment is a paint grade ore. The main task of obtaining the pigment is removed from raw materials coarse mafic minerals. Designed waste less flow sheet for separation of iron ore in two qualities - paint grade quality (pigment) and metallurgical grade. The technology includes accumulation paint grade ore, crushing, screening, and then fine grinding in a ball mill, magnetic separation and multi-stage classification in hydro-cyclones. After this, the cyclone overflow is thickened, filtered on a press filter, dried and sent to storage bin for subsequent shipment to the customer. The resulting pigment is suitable for use in the paint industry. Iron & steel is the driving force behind industrial development in any country. The vitality of the Iron & Steel Industry largely influences a country's economic status. The mining of iron ore, an essential raw material for Iron & Steel Industry, is arguably of prime importance among all mining activities undertaken by any country. With the total resources of over 33.276 billion tonnes of hematite (Fe2O3) and magnetite (Fe3O4), India is amongst the leading producers of iron ore in the world. The market for iron oxide pigments is expected to grow at a CAGR of about 4% globally during the forecast period. An increase in demand from paints and coatings is driving the market. On the flip side, fluctuations in prices of raw materials and stringent environmental regulations are hindering the growth of the market. Iron Oxide Pigments comprises iron and oxides and can be produced from both natural and synthetic sources. Naturally, Iron Oxide Pigments are derived from hematite (red iron oxide mineral), limonites (yellow or brown minerals) such as ochers, siennas& umbers, and magnetite (black iron oxide). Synthetic Iron Oxide Pigments are produced from basic chemicals by three processing methods which includes precipitation of iron salts, thermal decomposition of iron salts, and reduction of organic compounds by iron. The product finds use in numerous applications including construction, paints & coatings, plastics, paper, pharmaceuticals, and cosmetics among others. The Indian government has allocated USD 63 billion for the infrastructure sector in 2019-20 and is planning to spend USD 1.4 trillion over the next five years. The development of smart cities and other schemes like “housing for all” are expected to increase the demand for paints and coatings. Few Indian major players are as under Asian Paints Ltd. B A S F India Ltd. Berger Paints India Ltd. Coltech Chemicals (India) Ltd. Gunjan Paints Ltd. Chowgule A B P Coatings (India) Pvt. Ltd. Omni Dye-Chem Exports Ltd. Tata Pigments Ltd. Pigments India Ltd.
Plant capacity: Red Iron Oxide: 4,000 MT / DayPlant & machinery: Rs 1096 lakhs
Working capital: -T.C.I: Cost of Project: Rs 4391 lakhs
Return: 31.00%Break even: 50.00%
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Bamboo Fabric

Bamboo fabric is similar to the softness of silk. Since the fibres are without chemical treatment, they are naturally smoother and rounder with no sharp spurs to irritate the skin, making bamboo fabric hypoallergenic and perfect for those who experience allergic reactions to other natural fibres such as wool or hemp. On that same note, bamboo is also antibacterial and anti fungal. This is because bamboo possesses an anti-bacteria and bacteriostatic bio-agent called "Bamboo Kun", allowing it to naturally flourish and grow in the wild without the use of pesticides or fertilizers. This beneficial quality of the plant remains in its textile form, killing all bacteria keeping the wearer feeling fresher and odour free for longer, making the garment healthier and more hygienic. As bamboo fabric is gaining popularity in the fashion industry, there will naturally be an increase in growth and demand for more bamboo plants. This could ultimately lead to an increased amount of photosynthesis and result in another alternative to combating greenhouse gases. India’s textiles sector is one of the oldest industries in Indian economy dating back several centuries. India’s textile and apparel exports stood at US$ 38.70 billion in FY19 and is expected to increase to US$ 82.00 billion by 2021 from US$ 22.95 billion in FY20 (up to November 2019). The Indian textiles industry is extremely varied, with the hand-spun and hand-woven textiles sectors at one end of the spectrum, while the capital-intensive sophisticated mills sector at the other end of the spectrum. The decentralized power looms/ hosiery and knitting sector form the largest component of the textiles sector. The close linkage of the textile industry to agriculture (for raw materials such as cotton) and the ancient culture and traditions of the country in terms of textiles make the Indian textiles sector unique in comparison to the industries of other countries. The Indian textile industry has the capacity to produce a wide variety of products suitable to different market segments, both within India and across the world. The Government of India announced a Special Package to boost exports by US$ 31 billion, create one crore job opportunity and attract investments worth Rs 80,000 crore (US$ 11.93 billion) during 2018-2020. As of August 2018, it generated additional investments worth Rs 25,345 crore (US$ 3.78 billion) and exports worth Rs 57.28 billion (US$ 854.42 million). The Government of India has taken several measures including Amended Technology Up-gradation Fund Scheme (A-TUFS), scheme is estimated to create employment for 35 lakh people and enable investments worth Rs 95,000 crore (US$ 14.17 billion) by 2022.
Plant capacity: Bamboo Fabric 160 gsm: 50,000 Meters / DayPlant & machinery: Rs 87 lakhs
Working capital: -T.C.I: Cost of Project: Rs 540 lakhs
Return: 30.00%Break even: 57.00%
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Soyabean Products (Soya Milk, Soya Paneer & Soya Extract)

Soyabean is one of the most important agro based product, which has commercial value after that rice, wheat, maize etc. Soya bean generally cultivated in the tempered region with water availability. Soya beans have been used for human nutrition for more than 5000 years. Today, soya bean is an important source of protein and oil in human nutrition, especially in Asia. In other parts of the world, soy based foods are consumed merely due to its healthy image. Several health benefits have been found in soy proteins e.g.: • Cardiovascular health • Bone Health • Menopausal symptoms • Cancers • Cognition Glycemic Index • Weight loss/control During the current season, soybean acreage was up 6.7 per cent to 10.84 million hectare (ha) from 10.16 million ha in the previous season. Average yield rose 29 per cent to 1,059 kg per ha for the current harvesting season from 823 kg in the previous season. The global soybean market reached a volume of almost 347 million metric tons between 2018 and 2019. The market is further expected to grow at a CAGR of 2% in the forecast period of 2020-2025 to reach a volume of 373 million metric tons by 2025. The global soybean market based on production is led by the United States, accounting for about 35% share of the global output. The country is followed by Brazil, China, Argentina, and India as the largest producers of soybean. The soybean market in India is expected to witness a healthy growth in the coming years due to import restrictions on refined palm oil and palm olein from Malaysia imposed in January 2020. The growing awareness on benefits of soy milk in dessert and beverage is anticipated to positively affect the global market. The availability of various flavors to enhance the taste of soy milk is projected to further drive the demand for this market among adults and children. Due to the large scale production of soybean in Asia pacific countries such as India, China, Japan, the APAC region held the highest market share across the globe. China has a high consumption of soy milk in the total market. Moreover, North America is projected to grow with a significant growth rate of more than 6% during the forecast period. The increasing trend in avoiding non-dairy products is anticipated to further drive the demand for soy milk market. Increase in demand for natural based products majorly in nutraceuticals, food & beverages, animal feed and dietary supplements may fuel Soya extract market growth. Rapid urbanization along with health conscious consumers willing to spend in healthy diets majorly in U.S., China, India and South East Asia may further promote industry market growth. Few Indian major players are as under Shrinathji Solvex Ltd. Shanti Overseas (India) Ltd. Ruchi Soya Inds. Ltd Mahakali Foods Pvt. Ltd. Kriti Nutrients Ltd. Hershey India Pvt. Ltd. Bio Nutrients (India) Pvt. Ltd.
Plant capacity: Soya Milk: 2,400 Litrs / Day Soya Paneer: 400.0 Kgs / Day Soya Extract: 22,000.0 Kgs / Day Soya Oil (Bye Product): 2,750.0 Litrs / Day Okara (Bye Product): 960.0 Kgs / DayPlant & machinery: Rs 86 lakhs
Working capital: -T.C.I: Cost of Project : Rs 793 lakhs
Return: 21.00%Break even: 60.00%
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Surgical & Examination Latex Rubber Gloves

A surgical (surgeon’s) glove is made of natural or synthetic rubber intended to be worn by operating room personnel to protect a surgical wound from contamination. Surgical gloves have more precise sizing (numbered sizing, generally from size 5.5 to size 9), and are made to higher specifications. They are hand specific. Due to the increasing rate of latex allergy among health professionals as well as in the general population, there has been an increasing move to gloves made of non-latex materials such as vinyl or nitrile rubber. However, these gloves have not yet replaced latex gloves in surgical procedures, as gloves made of alternate materials generally do not fully match the fine control or greater sensitivity to touch available with latex surgical gloves. An Examination gloves (patient examination) glove is a disposable device intended for medical purposes that is worn on the examiner’s hand or finger to prevent contamination between patient and examiner. They are ambidextrous Examination grade gloves, also sometimes referred to as medical gloves, were originally designed for non-surgical medical procedures, but are also used in a variety of other applications where users seek added peace of mind regarding the glove quality. The demand for rubber gloves is rapidly increasing on account of rapid industrialization and urbanization of our country currently taking place. Several workers in the chemical, electrical and food processing industries use rubber gloves. Similarly, the number of people using gloves for household purposes during handling of detergents, floor polishes, pesticides and the like is also increasing especially in the urban areas. Indian surgical glove market is growing at 15% while the demand for examination gloves has been rising by 20%per annum. St Mary’s is the largest supplier of centrifugal latex under the brand Cenex, a crucial raw material for manufacturing rubber dipped goods like gloves, balloons, condoms and rubber bands. Indian surgical glove market is growing at 15 per cent while the demand for examination gloves has been rising by 20 per cent per annum. The Global Rubber Gloves market is expected to grow at a CAGR of 8.5% between 2014 and 2022. The factors such as rising healthcare expenditure, increasing health threats and increasing hygiene awareness and healthcare regulations are driving the market growth. With a projected compound annual growth rate (CAGR) of 9.2 percent from 2015 to 2020, the global surgical gloves market provides immense opportunities for penetration and growth. Asia-Pacific is driving the expansion of surgical gloves, largely due to rising healthcare spending and increase in total annual surgeries. Global growth is boosted by improved economic conditions and a greater focus on healthcare by administrators in key developing economies such as China, India and Indonesia. Few Indian major players are as under T T K Biomed Ltd. Sri Kannapiran Mills Ltd. Mega Meditex Ltd. London Rubber India Ltd. J K Ansell Pvt. Ltd. Asian Latex Ltd. Acknit Industries Ltd.
Plant capacity: Surgical Latex Rubber Gloves (Wt. 16 Gms each) : 3,750 Pairs / Day Examination Latex Rubber Gloves (Wt. 4 Gms each) : 3,750 Pairs / DayPlant & machinery: Rs 66 lakhs
Working capital: -T.C.I: Cost of Project: Rs 227 lakhs
Return: 15.00%Break even: 55.00%
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E-Waste Recycling Plant

Electronic wastes, "e-waste", "e-scrap", or "Waste Electrical and Electronic Equipment" ("WEEE") is a description of surplus, obsolete, broken or discarded electrical or electronic devices. Technically, electronic "waste" is the component which is dumped or disposed or discarded rather than recycled, including residue from reuse and recycling operations. Because loads of surplus electronics are frequently coming led (good, recyclable, and non-recyclable), several public policy advocates apply the term "e-waste" broadly to all surplus electronics. Electronic Waste – or e-waste – is the term used to describe old, end-of-life electronic appliances such as computers, laptops, TVs, DVD players, mobile phones, mp3 players etc. which have been disposed of by their original users. While there is no generally accepted definition of e-waste, in most cases, e-waste comprises of relatively expensive and essentially durable products used for data processing, telecommunications or entertainment in private households and businesses. The rising levels of e-waste generation in India have been a matter of concern in recent years. With more than 100 crore mobile phones in circulation, nearly 25 per cent end up in e-waste annually. “India has surely emerged as the second largest mobile market with 1.03 billion subscribers, but also the fifth largest producer of e-waste in the world, discarding roughly 18.5 lakh metric tonnes of electronic waste each year, with telecom equipment alone accounting for 12 per cent of the e-waste’’. The fastest growing sources of waste and is estimated to be increasing by 16-28 per cent every five years. Within each sector a complex set of heterogeneous secondary wastes is created. Although treatment requirements are complicated, the sources from any one sector possess many common characteristics. However, there exist huge variations in the nature of electronic wastes between sectors, and treatment regimes appropriate for one cannot be readily transferred to another. The ‘Electronic Waste Management in India,’ conducted to mark World Environment Day, said as Indians become richer and spend more on electronic items and appliances, computer equipment accounts for almost 70% of e-waste material, followed by telecommunication equipment (12%), electrical equipment (8%) and medical equipment (7%). Other equipment, including household e-crap account for the remaining 4%. India is emerging as one of the world's major electronic waste generators, posing grave concerns to public health and environment alike. Industry body Assocham, said India’s ‘production’ of e-waste is likely to increase by nearly three times, from the existing 18 lakh metric tons (MT) to 52 lakh MT) per annum by 2020 at a compound annual growth rate (CAGR) of about 30%.The Global Electronic Waste Recycling Market is expected to expand at 13.03% CAGR to reach a market value of 39,498.81 Million in 2024. A mere 1.5% of India's total e-waste gets recycled due to poor infrastructure, legislation and framework which leads to a waste of diminishing natural resources, irreparable damage of environment and health of the people working in industry. Over 95% of e-waste generated is managed by the unorganized sector and scrap dealers in this market, dismantle the disposed products instead of recycling it. The market in Asia-Pacific has been categorized as China, Japan, India, and the rest of Asia-Pacific. The market in Asia-Pacific is expected to register the highest CAGR of 15.25% during the forecast period. Japan is expected to be a leading country-level market and is expected to register a 12.75% CAGR. India is expected to be the fastest-growing country-level market, expected to register the highest CAGR over the next few years. This is due to the growing population in the region. Also, growing awareness of e-waste recycling and government initiatives are the major factors for the growth of the market.
Plant capacity: Plastic Granules: 470 Kgs / Day Glass Scrap: 353 Kgs / Day Copper Scrap: 294 Kgs / Day Precious Metals (Nickel, Tin & Zinc): 60.00 Kgs / Day Gold : 0.0192 Kgs / Day Silver: 0.0384 Kgs / Day Palladium: 0.0010 Kgs / DaPlant & machinery: Rs 107 lakhs
Working capital: -T.C.I: Cost of Project : Rs 336 lakhs
Return: 28.00%Break even: 58.00%
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Corn Flakes

Corn flakes being one of most nutritious foods and is consumed as breakfast food not only in India but-elsewhere in the world. Basically, it is prepared from maize; this is the main raw material. Flavours, like sugar or salt, are also added. Maize, the main raw material, is itself a corn grain. India is predominantly an agricultural country. Due to the progressive increase in farm produce a need has been felt to develop more agro based food-processing industries to make gainful utilization of the raw material resources and to provide remunerative prices to the growers. Maize is one of the important commercial food-grains grown abundantly in our country. Corn flakes are a healthy and nutritious food. This type of food business is popular in both developed and developing countries. Apart from popcorns, this is one of the most popular commercial items can produce from maize. Additionally, it is a very popular food for breakfast. Generally, people take this food with warm milk. It is a very quick meal and acts as the appetizer also. In India and many other corn flakes are mostly taken in breakfast. Mostly it is taken with milk though it can be had in many other ways also depending one's taste. As a breakfast meal, corn flakes are soaked in milk and then taken. It is very quick meal and acts as appetizer also. Now a days people don't like to have chapattis or paranthas in all the four meals which they have been having for long. Corn flakes is good substitute for such people. The global breakfast cereal market size was valued at USD 37.44 billion in 2016. It is projected to expand at a CAGR of 4.3% from 2017 to 2025. Breakfast cereals are available in different variety, but the essential ingredient is grains. Commonly used grains include oats, rice, barley, wheat, and corn. Few hot cereals such as oatmeal does not comprise any other ingredient while other variants may include coloring agents, yeast, salts, minerals, vitamins, sweeteners, and food preservatives. Food habits have taken a healthy turn since then, although not at the pace Kellogg would have liked, and the acceptance of cereals, cornflakes, oats and muesli has improved. Kellogg has tried every trick in the bag with smaller and more affordable packs, variants for evening meals and niche products such as Special K cornflakes for women. Of the Rs 400-crore cornflakes market (growing at 20 per cent per annum), it now commands around 70 per cent. Consumers are getting more health conscious and there is an emerging market for cereals. Going forward, even packed forms of breakfast will gain prominence as people don’t have the time in the morning. The market for breakfast cereals is still very small. While the packaged food market is valued at Rs 33,234 crore, the organized breakfast cereal market is just Rs 250 crore. The unorganized breakfast market is far bigger than the organized one. Milk and fruit are the preferred choice. The import is clear: Kellogg’s will have to work really hard to grow the market. Few Indian major players are as under Bagrrys India Pvt. Ltd. Kellogg India Pvt. Ltd K C L Ltd Mohan Meakin Ltd Mysore Sales International Ltd. Natureland Organic Foods Pvt. Ltd. Riddhi Siddhi Gluco Biols Ltd.
Plant capacity: Corn Flakes: 5 MT/ DayPlant & machinery: Rs 151 lakhs
Working capital: -T.C.I: Cost of Project : Rs 426 lakhs
Return: 27.00%Break even: 61.00%
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Aqua Fish Feed

The fish culture has undergone a dramatic worldwide growth in the last few years. The aquaculture industry is the fastest growing food production industry in the world and approximately 50% of all fish consumed by humans is from aquaculture. Nutrition plays a vital role in improving animal productivity. Understanding about the nutritional requirements and production of fish feed is essential to the development and sustainability of aquaculture as the industry has matured. Prepared or artificial diets may be either complete or supplemental. Complete diets supply all the ingredients, protein (18-50%), lipid (10-25%), carbohydrate (15-20%), ash (<8.5%), phosphorus (<1.5%), water (<10%), and trace amounts of vitamins, and minerals necessary for the optimal growth and health of the fish. Fish feed are placed in the middle of the aquaculture value chain. Raw materials of marine or land based origin are mixed with other important ingredients to feed pellets, which through their transformation in the fish are important for the final quality of the fresh fish or the processed fish products for the consumers. Fish farmers in India have increased access to high-quality feed this year, as Cargill has opened its first feed plant dedicated to fish species in the country .The plant, located in Vijayawada and acquired from Mulpuri Foods & Feeds, reflects the company’s commitment to bring farmers safe, high-quality aqua feed solutions, according to a press release. It marks an important step in Cargill’s work to develop its aqua feed business in India and across Asia. Feed processing plant sell feed mainly in the forms of distributor and dealer, breeding enterprise directly purchase feed from the pant. Feed pants are also exploring ways to increase sales and market share with discounts. In India, feed can be sold on credit, if in a large amount of credit, many small feed enterprises are faced with a loss, and considering to sell the factory, only large feed enterprise with strong source of funds can survive. The price is different between credit and cash, the retail price of per kg Southern white leg shrimp is about $1.1-$1.4. Farmers pay cash to buy feed can have a discount of 10-15%. India has become the world’s second major aquaculture countries, the annual growth rate of aquaculture production will reach 8% in the next 5 years, and floating expanded feed system is gradually combined with aquaculture technology. In addition to ensuring sustainable development of the aquaculture industry, using of floating expanding fish feed can make the fish grow faster, be higher yield, higher feed conversion rate and economic efficiency than the traditional feeding mode. The India Aquaculture Feed Market was valued at USD 1.20 billion in 2017 and is expected to register a CAGR of 10.4% during the forecast period (2018-2023). India feed mills have the capacity to produce 2.88 million metric ton. Andhra Pradesh is the largest feed consuming state in India. The coastal line of the country is about 7,517 kilometers with 195.20 kilometers of river and canal systems. The country consists of 14 rivers, 44 medium rivers, and many small rivers. The country also has tanks and ponds. By these sources, it is clear that the aquaculture industry is huge in India which provides huge opportunity and potential for aquaculture feed industry. Increase in consumption of seafood and rising per capita income are the factors driving the growth of the aqua feed market. Seafood is a good source of vitamins and minerals which helps in maintaining nutrient diet. As seafood is free from harmful carbohydrates, it protects humans from heart diseases. With the flourishing seafood business and additional demand from domesticating acquitting animals, we have a profitable aqua feed market. As per our recent business intelligence report, the global aqua feed market size was $44.2 billion to $44.6 billion as of 2018, and the market demand is projected to increment at a healthy CAGR of 4% to 6% over the forecast period of 2019 to 2025. Few Indian major players are as under Waterbase Ltd. Taiyo Feed Mill Pvt. Ltd. Somkan Marine Foods Ltd. Rasoya Proteins Ltd. Mulpuri Foods & Feeds Pvt. Ltd. Growel Feeds Pvt. Ltd. Kwality Feeds Ltd
Plant capacity: Fish Feed: 60 MT / Day Prawn Feed: 60 MT / DayPlant & machinery: Rs 845 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1702 lakhs
Return: 27.00%Break even: 55.00%
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Fruit Wine

Fruit wines are fermented alcoholic beverages made from a variety of base ingredients (other than grapes); they may also have additional flavors taken from fruits, flowers, and herbs. This definition is sometimes broadened to include any fermented alcoholic beverage except beer. For historical reasons, mead, cider, and Perry are also excluded from the definition of fruit wine. Fruit wines have traditionally been popular with home wine makers and in areas with cool climates such as North America and Scandinavia; in East Africa, India, and the Philippines, wine is made from bananas. Fruit wines are usually referred to by their main ingredient (e.g., plum wine or elderberry wine) because the usual definition of wine states that it is made from fermented grape juice. Being fruit-based fermented and uninstalled product, wine contains most of the nutrients present in the original fruit juice. The nutritive value of wine is increased due to the release of amino acids and other nutrients from yeast during fermentation. Fruit wines contain 8–11% alcohol and 2–3% sugar with energy value ranging between 70 and 90 kcal per 100 ml. The consumption of Wine in India is found to be increasing with rise of awareness of wine as a good drink for health. The wine market of India observed growth with a CAGR of more than 25% in past five years. Growing popularity of Vineyards as tourism places, higher disposable incomes and growth in foreign tourists, promotion of wine as beneficial to health etc. are some of the reasons for such growth. Global travel and expose to other countries where drinking wine is a part of the lifestyle are also helping to drive the sales of wine in India. The global wine market was valued at US$ 296.03 billion in 2016 and is slated to reach US$ 404.64 billion by 2025. The market is expected to exhibit a CAGR of 3.23% during the forecast period (2017-2025). Still wine segment held the majority of market share with around 83% among product types in 2016, while red wine was the preferred option among all customer groups. Changing taste and new preferences among consumers and rising demand for new and exotic flavors such as Riesling wine and other tropical fruit wine is fuelling the growth of the wine market. The market for sparkling wine segment is expected to grow at a CAGR of 4.94% during the forecast period owing to increasing consumption of champagne during social celebrations. Asia Pacific is projected to witness the fastest growth in the wine market with countries such as China, India being the key contributors in the region. At a global level, China stands to be the largest market for alcohol consumption with the country also being one of the leading importers of wine worldwide. The ongoing recovery of the Chinese economy, growing upper middle class population and the rising disposable income is further expected to boost the consumption of wine in the country. The country is also focused towards manufacturing its domestic wine, further promoting the growth of wine in the country. Few Indian major players are as under York Winery Pvt. Ltd. Venus Cellars Pvt. Ltd. Sunmeera Grapes Wineries Pvt. Ltd. Nirvana Biosys Pvt. Ltd. Grover Zampa Vineyards Ltd. Four Seasons Wines Ltd Charosa Wineries Ltd. Century Wines Pvt. Ltd.
Plant capacity: Fruit Wine (750 ml size Bollte) : 2,666.7 Bottles / DayPlant & machinery: Rs 150 lakhs
Working capital: -T.C.I: Cost of Project : Rs 873 lakhs
Return: 26.00%Break even: 41.00%
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Paraffin Wax

Paraffin wax is an organic phase change material with high heat of fusion which in melting and solidifying at a certain temperature is capable of storing and releasing large quality of thermal energy. Melting point is the temperature variation property of paraffin wax that makes it the best choice organic phase change material used in latent heat and thermal energy storage. It is the melting point paraffin wax that allows it to be excellently used in preventing global warming and in home cooling. Liquid paraffin is also known as "white oil" or "mineral oil." It is colorless, odorless, and tasteless. This form of paraffin wax is often used in hair care products and cosmetic grade cleansing creams because of its ability to soften and resist moisture loss. White oil is also common in pharmaceutical products, food, and textiles. Chemically, paraffin wax is a mixture of saturated aliphatic hydrocarbons (with the general formula CnH2n+2).Wax is the residue extracted when lubricant oils are dew axed and it has a crystalline structure with a carbon number greater than 12.The main characteristics of wax are (1) absence of color, (2) absence of odor, (3) translucence, and (4) a melting point above 45°C (113°F). The global paraffin wax market is expected to reach USD 7.27 billion by 2025. Increasing demand for paraffin waxes in flexible packaging, candle manufacturing, rubber, and cosmetics is expected to aid in market expansion over the next nine years. Rising consumption of these products as a rheology modifier, electrical insulator, friction reducer, plasticizer, and flame retardant is expected to increase market size over the forecast period. Paraffin waxes are used in flexible packaging as they provide an excellent barrier against odor and gas transmission. The growing food & beverage sector in developing countries including China, Japan, India, South Korea, South Africa, and Brazil is expected to stimulate packaging growth, which in turn will drive product demand over the upcoming years. Asia-Pacific region dominated the global paraffin market. With the growing population and increasing per capita income, the number of houses is increasing in countries such as China and India, resulting in the increased average number of candles used by the individuals. With an increasing focus toward personal appearance, aging population, and quality of living, the use of cosmetic and personal care products is increasing in the region. The market for cosmetics in India has increased significantly since the past decade. Few Indian major players are as under X L Organics Ltd. K L J Organic Ltd Indian Oil Corpn. Ltd. Gandhar Oil Refinery (India) Ltd. Chennai Petroleum Corpn. Ltd.
Plant capacity: Paraffin Wax: 10. MT / Day Micro Crystalline Wax (Bye Product): 0.034 MT / Day Foot Oil (Bye Product) : 2.510 MT / DayPlant & machinery: Rs 312 lakhs
Working capital: -T.C.I: Cost of Project: Rs 886 lakhs
Return: 18.00%Break even: 51.00%
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IV Fluids (BFS Technology)

Fluids are given when someone's body fluid volume falls. There are a number of things which can cause a drop in fluid volume. Vomiting and diarrhea are a classic example, which is why people are encouraged to drink fluids when they are sick, to keep their fluid volume stable. Another cause is blood loss, which causes problems both because people lose blood products, and because they experience a loss in fluid volume. Electrolyte levels in the blood can also become unstable as a result of rapid changes in fluid volume, in which case intravenous fluids can be used to restore the balance. Intravenous fluids are fluids which are intended to be administered to a patient intravenously, directly through the circulatory system. These fluids must be sterile to protect patients from injury, and there are a number of different types available for use. Many companies manufacture packaged intravenous fluids, as well as products which can be mixed with sterile water to prepare a solution for intravenous administration. The global Intravenous (IV) solutions market was valued at USD 6.9 billion in 2015 and is projected to grow at a CAGR of 7.8% over the forecast period. The emergence of this market is attributed to the fast growing geriatric population and prevalence of malnutrition in the elderly and pediatric population. Intravenous (IV) solutions are fluids which are intended to be administered to a patient directly into the venous circulation. These fluids are sterile fluids which protects patients at the time of serious dehydration. There is various type of IV solutions available for use in the market. Many companies manufacture packaged intravenous fluids or products or compounds which can be mixed with sterile water to prepare a solution for intravenous administration. The market for Intravenous (IV) Solution is expected to reach USD 11,511.2 million by 2022 and is expected to grow at a CAGR of 7.69% during the forecast period 2016-2022. The factors which drive the growth of the market are the rising prevalence of chronic diseases, rising acceptance of vitamin C intravenous treatment therapy to treat colorectal cancer. This is attributed to the factors such as Growing acceptance of vitamin C intravenous for Colorectal Cancer and increasing prevalence of the chronic diseases. Europe is the second largest market which is growing at a CAGR of 8.12% from 2016-2022. Asia-Pacific region is the fastest growing market for IV Solutions, which is expected to grow at a CAGR of 8.34% during the forecast period from 2016 to 2022. Few Indian major players are as under Shree Krishna Keshav Laboratories Ltd. Pharmazell (India) Pvt. Ltd. Parenteral Surgicals Ltd. Kokad Pharmaceutical Laboratories Ltd. Ahlcon Parenterals (India) Ltd. Abaris Healthcare Pvt. Ltd. Axa Parenterals Ltd.
Plant capacity: IV Fluids (500 ml Size Pack): 146,748 Units / Day IV Fluids (100 ml Size Pack): 153,252 Units / DayPlant & machinery: Rs 4099 lakhs
Working capital: -T.C.I: Cost of Project : Rs 5808 lakhs
Return: 25.00%Break even: 41.00%
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