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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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Micronutrients Fertilizer

Micronutrient-efficient varieties grow deeper roots in mineral deficient soils and are better at tapping subsoil water and minerals. When topsoil dries, roots in the dry soil zone (which are the easiest to fertilizer) are largely deactivated and the plant must rely on deeper roots for further nutrition. The micronutrients are boron (B), copper (Cu), iron (Fe), manganese (Mn), molybdenum (Mo), zinc (Zn), and chloride (Cl). Micronutrient-efficient varieties grow deeper roots in mineral deficient soils and are better at tapping subsoil water and minerals. When topsoil dries, roots in the dry soil zone (which are the easiest to fertilizer) are largely deactivated and the plant must rely on deeper roots for further nutrition. Mixing micronutrients with fluid fertilizers has become a popular method of application. Clear liquids are commonly used as starter fertilizers for row crops and some micronutrients, especially zinc sources, are easily applied with these fluids. Micronutrient fertilizers can provide an optimal nutrient balance, tailored to the demands of the specific crop, soil and climate conditions Agriculture micronutrients are gaining popularity globally for obtaining better yield output. The global agriculture micronutrients market value is anticipated to increase from US$ 6,576.9 Mn in 2015 to US$ 13,344.2 MN by 2024, expanding at a CAGR of 8.3% during the forecast period (2016–2024). Increasing need for effective fertilizers due to poor soil quality and high demand for quality and uniform yield in view of the increasing population across the globe are factors anticipated to drive the growth of the agriculture micronutrients market over the forecast period. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players • Abellon Agrisciences Ltd. • Agro Extracts Ltd. • Aries Agro Ltd. • Bayer Cropscience Ltd. • Champion Agro Ltd. • Coromandel Agro Products & Oils Ltd.
Plant capacity: Micronutrient Fertilizer for Fruit: 1,250 Kgs/Day Micronutrient Fertilizer for Vegetable: 750 Kgs/DayPlant & machinery: Rs.58 Lakhs
Working capital: -T.C.I: Cost of Project: 345 Lakhs
Return: 27.00%Break even: 55.00%
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HDPE/PP Bags

Woven polypropylene/HDPE bags or simply woven PP/HDPE bags are considered to be the toughest packaging bags, widely used to pack materials for grain, milling and sugar industry. HDPE/PP oriented strips are becoming increasingly popular in India & have caught the eye of many end users for their requirement of packing materials. HDPE woven sacks are much stronger & can withstand much higher impact loads because of HDPE strips elongation at break is about 15-25% as compared to 30% of Jute. These sacks are much cleaner & resist fungal attack. Jute prices are very unstable in the market since Jute is an agriculture product. These sacks have many advantages over other conventional sacks materials & are quite competitive in price. Woven Packaging Fabrics, Woven bags and fabrics are often used as an industrial packaging material. These materials are valuable for applications in many different industries. HDPE/PP Woven bags ideally suitable for Building Materials, Cement, fertilizers, Urea, Potash, plastic, polymers, plastic pellets, etc. Polypropylene is made from virgin polypropylene plastic. Polypropylene bags are versatile, attractive bags most commonly used for packaging small items such as beads and lollies. These bags can be sealed with a heat sealer like many other plastic bags. The woven sacks market is expected to witness huge demand from agriculture and building & construction industries. The preferred materials for the manufacturing of woven sacks are polypropylene and polyethylene; however, due to the non-toxic characteristics of polypropylene, it is the preferred choice among the two. Woven sacks are used in various industries including agriculture, horticulture, construction and other sectors as these sacks are quicker to pack and deliver. The global market for polypropylene woven bags and sacks market was valued at US$ 3,421.5 mln in 2017. The market is expected to expand at a CAGR of 4.2% over the forecast period, 2018-2028. Polypropylene woven bags and sacks are 100% reusable and non-toxic. Thus, due to demand it is best to invest in this project. Few Indian major players • Midland plastics ltd. • Krishna poly packs pvt. Ltd. • Jagannath polypacks ltd. • Indra industries ltd. • Gopala poly plast ltd. • Emmbi industries ltd.
Plant capacity: 184,616 Nos/DayPlant & machinery: Rs. 645 Lakhs
Working capital: -T.C.I: Cost of Project: 1411 Lakhs
Return: 24.00%Break even: 66.00%
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Phenolic Formaldehyde Resin

Phenol formaldehyde resins (PF) or Phenolic resins are synthetic polymers obtained by the reaction of phenol or substituted phenol with formaldehyde. Used as the basis for Bakelite, PFs were the first commercial synthetic resins (plastics). They have been widely used for the production of molded products including billiard balls, laboratory countertops, and as coatings and adhesives. There are two main production methods. One reacts phenol and formaldehyde directly to produce a thermosetting network polymer, while the other restricts the formaldehyde to produce a prepolymer known as volcano which can be molded and then cured with the addition of more formaldehyde and heat. Phenolic resin is used as a binder in loudspeaker driver suspension components which are made of cloth. Higher end billiard balls are made from Phenolic resins, as opposed to the polyesters used in less expensive sets. Sometimes people select fibre reinforced Phenolic resin parts because their coefficient of thermal expansion closely matches that of the aluminium used for other parts of a system, as in early computer systems and Dura mold. Phenolic resins are also used for making exterior plywood commonly known as weather and boil proof (WBP) plywood because Phenolic resins have no melting point but only a decomposing point in the temperature zone of 220°C (428°F) and above. The polymer is composed of carbon, hydrogen, oxygen, and sometimes nitrogen. Its molecular weight varies from a very low value during its early state of formation to almost infinity in its final state of cure. The chemical configuration, in the thermoset state, is usually represented by a three dimensional network in which the Phenolic nuclei are linked by methylene groups. a considerable product demand is generated from other applications, such as the manufacturing of engineered laminated composite lumber (LCL) and oriented strand boards (OSBs). During the forecast period, the market is also expected to witness a high demand for novolac resins, owing to their mold ability, which translates into their high adoption across several industry verticals. The global Phenolic Resins market size was valued at USD 12.63 billion in 2019 and is anticipated to grow at a CAGR of 5.4% during the forecast period. Expansion of end-use industries such as automotive, construction and consumer electronics is likely to drive demand for these unique resins. Entrepreneurs who invest in this project will be successful. Few Indian major players • Amity Thermosets Pvt. Ltd. • Kothari Phytochemicals & Inds. Ltd. • Resins & Plastics Ltd. • Tipco Polymers Pvt. Ltd.
Plant capacity: 1,000 kg/dayPlant & machinery: Rs. 34 Lakhs
Working capital: -T.C.I: Cost of Project: 144 Lakhs
Return: 24.00%Break even: 66.00%
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Silica Gel Crystal & Beads

Silica gel is an amorphous and porous form of silicon dioxide (silica). Silica xerogel with an average pore size of 2.4 nanometers has a strong affinity for water molecules and is widely used as a desiccant. It is hard and translucent, but considerably softer than massive silica glass or quartz; and remains hard when saturated with water. It is sometimes used in laboratory processes, for example to suppress convection in liquids or prevent settling of suspended particles. Silica xerogel is usually commercialized as coarse granules or beads, a few millimeters in diameter. Some grains may contain small amounts of indicator substance that changes color when they have absorbed some water. Small paper envelopes containing silica xerogel pellets, usually with a "do not eat" warning, are often included in dry food packages to absorb any humidity that might cause spoilage of the food. Silica gel is also used to dry the air in industrial compressed air systems. Air from the compressor discharge flows through a bed of silica gel beads. The silica gel adsorbs moisture from the air, preventing damage at the point of use of the compressed air due to condensation or moisture. The same system is used to dry the compressed air on railway locomotives, where condensation and ice in the brake air pipes can lead to break failure. The global silica gel market is expected to witness growth in light of its increasing application in food & beverage, pharmaceutical, paints & coatings, plastics, and inks & printing industries. It is capable of adsorbing water vapor and is chemically inert & non-toxic which paves its way for use in the aforementioned applications. Asia Pacific (APAC) will remain the most lucrative market for silica gel. The silica gel market in this region is projected to register the highest CAGR through 2030. Scope for the packaging industry in Asia Pacific is rapidly growing, with small and big industries majorly focusing on their logistics. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players • B A S F India Ltd. • Clariant Chemicals (India) Ltd. • Evonik Catalysts India Pvt. Ltd. • Multisorb Technologies India Pvt. Ltd. • Thermo Fisher Scientific India Pvt. Ltd.
Plant capacity: Silica Gel White: 200 kg/day Silica Gel Blue: 200 kg/day Silica Gel Orange: 200 kg/day Silica Gel Beads: 200 kg/dayPlant & machinery: Rs. 22 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 94 Lakhs
Return: 29.00%Break even: 69.00%
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Baby Diaper (T-shape and Pull-up Pants)

Diapers are primarily worn by children who are not yet potty trained or experience bedwetting. During the 1950s, companies such as Johnson and Johnson, Kendall, Parke-Davis, Playtex, and Molnlycke entered the Baby diaper market, and in 1956, Procter & Gamble began researching Baby diapers. They have helped many families with low income to get diapers needed for their babies. Modern Baby diapers products have a layered construction, which allows the transfer and distribution of urine to an absorbent core structure where it is locked in. Basic layers are an outer shell of breathable polyethylene film or a nonwoven and film composite which prevents wetness and soil transfer, an inner absorbent layer of a mixture of air-laid paper and superabsorbent polymers for wetness, and a layer nearest the skin of nonwoven material with a distribution layer directly beneath which transfers wetness to the absorbent layer. Other common features of Baby diapers include one or more pairs of either adhesive or Velcro tapes to keep the diaper securely fastened. Some diapers have tapes which are refastenable to allow adjusting of fit or reapplication after inspection. Elasticized fabric single and double gussets around the leg and waist areas aid in fitting and in containing urine or stool which has not been absorbed. Baby diapers are used for wrapping the newly born or pretty young children who have not get developed the fixed routine scheduled for making water or latrine. Baby diapers are exclusively used by the modern society. Several improvements were made, such as the use of double gussets to improve diaper fit and containment. Modern Baby diapers products have a layered construction, which allows the transfer and distribution of urine to an absorbent core structure where it is locked in. New born babies who have no fixed routine schedule for maleing the water. They wet the clothes any time, which creates a lot of inconvenience to the mother or caretaker & they can't go out of home with their babies. But with the use of this product they have a high or relief and can take their babies anywhere because this diaper retains the wet for about two hours or so. Where ever feel convenient they cheek the baby & wetted is replaced by fresh one. The diapers are gaining huge consumption amongst the baby as well as adult population. Further, it is anticipated that the Baby Diaper market is expected to reach around INR 200 Billion by 2025, growing at a double digit CAGR over the forecasted period 2017-2022. Thus, due to demand it is best to invest in this project. Few Indian major players • Centron Industrial Alliance Ltd. • Diapers India Ltd. • Godrej Hygiene Products Ltd. • Johnson & Johnson Pvt. Ltd. • Kimberly-Clark India Pvt. Ltd. • Maple Biotech Pvt. Ltd.
Plant capacity: Pull-up Baby Pant Single Diaper (4 Pcs/Pkt): 60000 Pkt/day T-shape Open Style Baby Diaper (4 Pcs/Pkt): 60000 Pkt/dayPlant & machinery: Rs. 2600 Lakhs
Working capital: -T.C.I: Rs. 4178 Lakhs
Return: 29.00%Break even: 36.00%
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Linear Alkyl Benzene Sulphonic Acid

Linear Alkyl Benzene Sulphonic Acid is an anionic surface active agent with superior detergency and compatibility with a broad range of other anionic, nonionic and amphoteric surfactants. Linear Alkyl Benzene Sulphonic Acid is an anionic surfactant with molecules characterized by a hydrophobic and a hydrophilic group. They are nonvolatile compounds produced by sulfonation. As intermediate it is usually neutralized with various bases to produce sulfonates that are used in numerous industries, most commonly in the production of liquid and powder detergents, household and I&I cleaners, laundry detergents, dishwashing liquids, car wash products, hard surface cleaners etc. LAS can be used in both acidic and alkaline formulations as well as in liquid and powder forms. It is also compatible with other surfactants. LAS?s biodegradability and compatibility with other surfactants make it the best choice for detergent production. It may be used with other non-ionic and cationic surfactants to improve the cleaning ability of detergents. • HI&I cleaning • Emulsion polymerization • Metal working • Paints & coatings • Laundry detergents • Industrial auxiliaries • Oil fields • Agriculture Increase in demand for liquid detergents in various end-use industries such as food & beverage, textiles, and household across the globe is driving the global linear alkyl benzene sulfonic acid market. Linear alkyl benzene sulfonic acid offers excellent foaming properties and aids in removal of stain by reducing surface tension of the water. Also rise in demand for industrial cleaners to maintain industrial hygiene is also boosting the linear alkyl benzene sulfonic acid market in the region. The global Linear Alkyl Benzene Sulphonic Acid market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.3% in the forecast period of 2020 to 2025 and will expected to reach USD 4234.1 million by 2025, from USD 3711.3 million in 2019. Entrepreneurs who invest in this project will be successful. Few Indian major players • Nirma Ltd. • Reliance Industries Ltd. • Tamilnadu Petroproducts Ltd.
Plant capacity: 2 mt/ dayPlant & machinery: Rs. 246 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 465 Lakhs
Return: 22.00%Break even: 55.00%
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Toughened Glass

The toughened glass is described as a type of glass which has been mechanically strengthens by a thermal process in which a layer of compression has been introduced at the surface. Toughened glass is a type of soda-lime-silica glass with a sheet thickness 4-12 mm. Toughened glass is a type of safety glass processed by controlled thermal or chemical treatments to increase its strength compared with normal glass. Toughened glass is a type of soda-lime-silica glass with a sheet thickness 4-12 mm. The sheet has a central tensile stress of 500-1200 kg/cm2 and a ratio of surface compressive stress to central tensile stress of 2:1 to 4:1. The article is toughened by heat exchange with an oil (or chilled air) in which these are maintained from 0.01–0.07% liquid. The boiling point liquid may be an organic liquid such as carbon tetrachloride, methanol, benzene, toluene, trimethyl alcohol, ethyl alcohol or Xylene etc. Toughened glass products are now widely used in building construction and other infrastructure projects. Toughened glass is specifically designed for use in areas where there is a high risk of contact and breakage. Toughened glass is used when strength, thermal resistance and safety are important considerations. The most commonly encountered toughened glass is that used for side and rear windows in automobiles, used for its characteristic of shattering into small cubes rather than large shards. Toughened Glass Market size was over USD 24.5 billion in 2016 and industry expects consumption above 4.3 billion square meters by 2024. Developments in terms of energy synthesis coupled with superior technologies promoting sustainability and recyclability are likely to influence the growth of the market positively. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players • Asahi India Glass Ltd. • Atul Glass Inds. Ltd. • Bhagwati Projects Pvt. Ltd. • Floatglass India Ltd. • Friends Glass & Glazing Pvt. Ltd. • Gold Plus Glasses India Ltd. • Gujarat Guardian Ltd.
Plant capacity: 4,000 Sq.Ft./dayPlant & machinery: Rs. 331 Lakh
Working capital: -T.C.I: Cost of Project: Rs. 758 Lakh
Return: 26.00%Break even: 53.00%
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Multispeciality Hospital (100 Bedded)

A Multi-speciality hospital as a health care organization has been defined in varied terms as an institution involved in preventive, curative/ameliorative, palliative or rehabilitative services. A specialty hospital is dedicated to specific sub-specialty care (Urology, General Surgery, Cosmetic surgery, Bariatric surgery, Clinic Pathology, Pediatrics & Neonatology). Patients will often be referred from smaller hospitals to a specialty hospital for major operations, consultations with sub-specialists and when sophisticated intensive care facilities are required. A private hospital is a place where one may get treatment from ordinary fever to a major surgery operation. These hospitals have highly trained specialists, high-end technology and provide round the clock services. These hospitals are able to do specialized tests, undertake dialysis for acute renal failure, provide ventilation to patients with respiratory failure and render intensive care to critically ill patients. These hospitals undertake research and have adequate library facilities. There is a significant scope for enhancing healthcare services considering that healthcare spending as a percentage of Gross Domestic Product (GDP) is rising. Rural India, which accounts for over 70 per cent of the population, is set to emerge as a potential demand source. The Healthcare Information Technology (IT) market which is valued at US$ 1 billion currently is expected to grow 1.5 times by 2020. Thus, due to demand it is best to invest in this project. Few Indian major players • Alps Hospital Ltd. • Amri Hospitals Ltd. • Anshu Hospitals Ltd. • Apollo Hospitals Enterprise Ltd. • Apollo Hospitals Intl. Ltd. • Apollo Rajshree Hospitals Pvt. Ltd. • Assam Hospitals Ltd.
Plant capacity: 100 beddedPlant & machinery: Rs. 13989 Lakh
Working capital: -T.C.I: Cost of Project: Rs. 38304 Lakh
Return: 26.00%Break even: 31.00%
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Cold Storage

A cold storage is a temperature-controlled supply chain network, with storage and distribution activities carried out in a manner such that the temperature of a product is maintained in a specified range, needed to keep it fresh and edible for a much longer period than in normal ambient conditions. This system facilitates long distance transport of various products as well as makes seasonal products available over the entire year. Cold Storage is a special kind of room, the temperature of, which is kept very low with the help of machines and precision instruments. Chilling involves reducing food temperatures to below ambient temperatures, but above –1°C. This results in effective short-term preservation of food materials by retarding many of the microbial, physical, and chemical and biochemical reactions associated with food spoilage and deterioration. At chilled temperatures (generally between 0°C and +5°C) the growth of microorganisms occurs only slowly and food spoilage and deterioration reactions are inhibited to such an extent that food safety and quality is preserved for extended periods, often for a few days, sometimes for a few weeks, longer than the fresh counterpart. Most of the modern cold storages are being planned for more and more automation. Mechanical equipment like Pressure Gauges, Thermometers, Physical logbooks etc. are being replaced with micro process controls, transducers, and automatic recorders. The Information Technology, with suitable fully computerized and proper software are being developed and used. But many small cold storages still heavily depend on old manual labour. Increasing cross-border trade and growing organized retail industry is driving the Indian cold chain storage market. Though the cold chain storage market in India is witnessing healthy growth, high operative cost and lack of standardization in the industry are likely to hinder the market growth during the forecast period. The Indian cold chain market reached a value of nearly INR 1,285 billion in 2020. The industry is further expected to grow at a CAGR of 14.3% over the forecast period of 2021-2026 to attain a value of INR 2,865 billion by 2026. Entrepreneurs who invest in this project will be successful.
Plant capacity: 33 mt /dayPlant & machinery: Rs. 179 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 514 Lakhs
Return: 20.00%Break even: 52.00%
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Oxygen and Nitrogen Gas Plant (Medical and Industrial Grade)

Limelight used oxygen derived from sources such as the barium oxide Brin process. This process was based on the production of barium peroxide by roasting barium oxide in air at 590°C, then raising the temperature to 870°C. At 870°C the peroxide formed decomposes back into oxide, releasing more or less pure oxygen which can then be cooled and compressed into steel gas cylinders. Although crude, the process was ingenious in that it required no continuous input of raw materials other than air and energy. Oxygen is non corrosive and can be contained in any common metals. However care must be taken to remove all oil, grease and other combustible material from piping and containers before putting them into oxygen service. Nitrogen gas is a compound that forms from elemental nitrogen, which is found abundantly throughout the planet’s atmosphere and in most biochemical reactions. One of nitrogen’s unique properties is its ability to form multiple bonds with various other elements and compounds. Nitrogen is the chemical element with the symbol N and atomic number 7. It was first discovered and isolated by Scottish physician Daniel Rutherford in 1772, nitrogen is the principal gas in air (78%). Its first major industrial use lay in the manufacture of ammonia, used within the chemical industry as an intermediate for many compounds but especially nitrogenous fertilisers. In the combustion process, the oxygen in air is broken down to make carbon dioxide, water, and energy. Nitrogen is not an essential part of the process. In fact, nitrogen in air has negative impacts on combustion processes. Nitrogen gets heated by the reaction to very high combustion temperatures and is carried out through the flue. Essentially, the heated nitrogen leaving the flue is like throwing fuel out of the stack. Nitrogen blanketing is used to protect flammable or explosive solids and liquids from contact with air. Certain chemicals, surfaces of solids and stored food products have properties that must be protected from degradation by the effects of atmospheric oxygen and moisture. Protection is achieved by keeping these items in a nitrogen atmosphere. India industrial gases market was valued at $ 2.1 billion in 2017 and is forecast to grow at a CAGR of over 11% to surpass $ 3.9 billion in 2023 on account of growing demand from metal industry, particularly steel. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players • Air Liquide India Holding Pvt. Ltd. • Arrow Oxygen Ltd. • Bellary Oxygen Co. Pvt. Ltd. • Bhagawati Oxygen Ltd. • Bhilai Oxygen Ltd. • Govind Poy Oxygen Ltd. • Howrah Gases Ltd. • Linde India Ltd.
Plant capacity: 3200 cumtrs/DayPlant & machinery: Rs. 183 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 675 Lakhs
Return: 26.00%Break even: 50.00%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Selection of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

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