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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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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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Woven PP Cement Sacks

Woven polypropylene bags are specializing in packing and transporting bulk commodities. Due to strength, flexibility, durability and lower cost, woven polypropylene bags are most popular products in industrial package, which are widely used in packing grain, feeds, fertilizer, seeds, powders, sugar, salt, powder, chemical in granulated form. Polypropylene bags also referred as 'Polypropylene bags' or 'PP bags'. Woven, or weaving is a method by many threads or tapes woven in two directions (warp and weft), to form a fabric for plastic industry needs. In the plastic woven industry, with a plastic film is drawn into filaments, woven into fabric/sheet/cloth. It can be into a tarpaulin, woven bags, container bags, tons of bags, geotextiles fabric, and color of the cloth and so on. 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. While polypropylene is similar to cello, polypropylene bags are much clearer with neater seals, and have the advantage of being less expensive than cello bags. PP woven bags are increasingly used to pack food. Common food woven bags include rice PP weaved bags, flour PP woven bags, maize woven bags, etc. Geotechnical engineering: PP woven fabrics are extensively used in the construction of irrigation works, roads, railways, ports, mines, buildings, and more. Having the functions of filtering, draining, isolation, and anti-seepage, PP woven fabrics are one of the most popular geo synthetics. The special woven bags also are used to serve some special purposes. For example, UV resistant woven bags have UV protection and anti-aging function, allowing them a longer lifespan in the sunlight. The global market for polypropylene woven bags and sacks market was valued at US$ 3,421.5 million in 2017. The market is expected to expand at a CAGR of 4.2% over the forecast period, 2018-2028. Thus, due to demand it is best to invest in this project.
Plant capacity: PP Woven Sacks (for Cement Bag 50 Kgs Size):258000 Nos/ day PP Woven Jumboo Sacks (for Cement Bag 1500 Kgs Size):956 Nos/day Plant & machinery: Rs. 566 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 891 Lakhs
Return: 14.00%Break even: 48.00%
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IV Cannulas Manufacturing Uni

Intravenous (IV) cannulation is a technique in which a cannula is placed inside a vein to provide venous access. Venous access allows sampling of blood, as well as administration of fluids, medications, parenteral nutrition, chemotherapy, and blood products. ‘Cannula exactly the same thing– a flexible tube inserted into the body to administer or withdraw fluids or to keep another tube patent. Intravenous cannulation is a technique in which a cannula is placed inside a vein to provide venous access. Venous access allows sampling of blood as well as administration of fluids, medications, parental nutrition, chemotherapy, and blood products. One of the IV cannula uses that changed the lives of individuals and helped clinical staff to perform intravenous treatments easily is with the presence of the Safety I.V cannula. Wellbeing I.V cannula. Implies a gadget that is utilized to flexibly liquids legitimately or in a roundabout way to the patient’s circulatory system. IV Cannula has veterinary use, nasal or oral use too. Cannula can also be used for piercing. The common uses are rapid transfusion of blood, transfusion of IV drugs. Pediatric patients or adults with small veins undergoing long term medication or blood transfusion are subjected to IV Cannula. It is also used on oncology patients undergoing Chemotherapy. Intravenous Cannulas allow the introduction or withdrawal of fluids from the human circulatory system. The short flexible and kink-resistant cannula is introduced into a blood vessel over a hollow introducer needle. It is also used on oncology patients undergoing Chemotherapy. The global peripheral I.V. cannula. Market was valued at $3,702.2 million in 2015, and it is expected to grow at a CAGR of 6.0% during the period 2016 – 2022. The global market is increasing, due to growing geriatric population and increasing incidence of chronic diseases. Entrepreneurs who invest in this project will be successful. Few Indian major players • Angi Plast Pvt. Ltd. • Global Medikit Ltd. • Hemant Surgical Inds. Ltd. • Hindustan Syringes & Medical Devices Ltd. • Mediplus (India) Ltd. • Smiths Medical India Pvt. Ltd.
Plant capacity: IV Cannula with Wings & with Injection Port Needle: 40000 pcs/day IV Cannula with Wings & with Injection Port Needle: 32000 pcs/day IV Cannula with Wings & with Injection Port Needle: 32000 pcs/dayPlant & machinery: Rs.1705 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 14615 Lakhs
Return: 35.00%Break even: 31.00%
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Glucose Saline

Glucose, also known as dextrose, is a simple sugar that can be found in nature and are chemically identical. Dextrose may decrease body protein and nitrogen losses, promote glycogen deposition, and decrease or prevent ketosis if sufficient doses are given. Since dextrose is usually metabolized to carbon dioxide and water, administration of a solution of dextrose and water is equivalent to providing the same volume of free water. Dextrose is readily metabolized; it increases blood glucose concentrations and provides calories. Dextrose may decrease body protein and nitrogen losses, promote glycogen deposition, and decrease or prevent ketosis if sufficient doses are given. Since dextrose is usually metabolized to carbon dioxide and water, administration of a solution of dextrose and water is equivalent to providing the same volume of free water. Following oral administration, dextrose, a monosaccharide, is rapidly absorbed from the small intestine principally by an active mechanism. It used for balancing the body fluid and it is added to the human body to balance the body fluid by injection which will recover fatality of the human being and recover the inside body pressure. Treatment of discarded water and electrolyte metabolism, especially in severe cases. Therapy of acid base in balances. The volume substitution and volume replacement in surgery of accident victim suffering blood lose. Arenteral nutrition for severally ill and post-operative patients. Saline is also often used for nasal washes to relieve some of the symptoms of the common cold. The solution exerts a softening and loosening influence on the mucus to make it easier to wash out and clear the nasal passages for both babies and adults. In this case "home-made" saline may be used: this is made by dissolving approximately half a teaspoon of table salt into 8 ounces (approx. 240ml) of clean tap water. The global intravenous solutions market reached a value of US$ 8.5 Billion in 2019. IV solutions and electrolytes are mainly used for fluid resuscitation, routine maintenance, replacement, and redistribution. The Market size value in 2020 is USD 86.2 million and Revenue forecast in 2025 is USD 121.7 million is expected to exhibit a CAGR of 7.1% from 2018 to 2025. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players • Amanta Healthcare Ltd. • Baxter Pharmaceuticals India Pvt. Ltd. • Bayer Pharmaceuticals Pvt. Ltd. • Denis Chem Lab Ltd. • Meridian Enterprises Pvt. Ltd. • Pfizer Healthcare India Pvt. Ltd. • Pfizer Ltd. • Pharmacia Healthcare Ltd. • Shree Krishna Keshav Laboratories Ltd. • Vikrant Pharmaceuticals Ltd.
Plant capacity: 200000 Bottles/ dayPlant & machinery: Rs. 2170 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 4083 Lakhs
Return: 25.00%Break even: 37.00%
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Vitamin ‘C’ from Sorbitol

Vitamin c is chemically the simplest of the vitamins and for this reason was among the first to be isolated, characterized, and purified and to have its structure determined. More vitamin C is produced industrially than any other vitamin, or indeed all the other vitamins put together. Vitamin C has itself been said to have almost magical properties and it is useful to get a picture of the chemistry and biochemistry of this enigmatic compound. This has unearthed a rich vein of chemistry involving L-ascorbic acid as both a redox companion and as a complexion agent; indeed the reaction of L-ascorbic acid with oxygen and other oxidizing agents is catalyzed by transition metal ions, especially copper (II), so that sometimes solution are stabilized by the addition of EDTA, which complexes the metal ions and arrests the catalysis. It is one of the few pure chemical compounds which is taken routinely by human beings in gram quantities (a possible challenger is sugar). It appears to have no harmful effects even in these large amounts and it is a medicine which it is a pleasure to take, especially in the form of fruit or vegetables. Its role (as a constituent of fruits and vegetables) in the cure and prevention of scurvy was widely debated for hundreds of years. Ascorbic acid is generally used in bread due to its properties that help extend shelf life, high profile industrial bakers such as Hovis and Kings mill both use ascorbic acid in the majority of their loaves. Using ascorbic acid in an industrial bakery can contribute to higher profit yields, lower production times and higher buyer satisfaction longer shelf life, reduced number of damaged loaves during transport. The global Ascorbic Acid market is expected to witness moderate growth over the forecast period on account of increasing demand from pharmaceutical industry. The majority of ascorbic acid manufactured is used as an antioxidant. The major end-user industries of ascorbic acid are pharmaceuticals, food & beverages, personal care, and others. The pharmaceutical industry is the largest consumer of ascorbic acid. Vitamin C helps to recycle vitamin E. The presence of a broad distribution network of companies in this region will boost the Asia Pacific vitamin ingredients market in the near future. Analysts predict this regional market to rise at a CAGR of 5.40% from 2017 to 2025 in terms of value. Entrepreneurs who invest in this project will be successful. Few Indian major players • Dishman Pharmaceuticals & Chemicals Ltd. • Glaxosmithkline Pharmaceuticals Ltd. • Gulshan Polyols Ltd. • Kasyap Sweetners Ltd. • M S Healthcare Pvt. Ltd. • Pfizer Healthcare India Pvt. Ltd. • Pfizer Ltd. • Procter & Gamble Health Ltd. • Unicorn Organics Ltd.
Plant capacity: 600 kg/dayPlant & machinery: Rs. 371 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 717 Lakhs
Return: 24.00%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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