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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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Wood Plastic Composite (WPC)

Wood-plastic composites (WPCs) are a product class that has been developing over the last 40 years resulting in increased applications and expanded market share. More specifically, WPCs are composites containing a wood component in particle form (wood particles/wood flour) and a polymer matrix. They are used in a variety of structural and non-structural applications ranging from component and product prototyping to outdoor decking. WPC can be manufactured in a variety of colors, shapes and sizes, and with different surface textures. Depending on the processing method, WPCs can be formed into almost any shape and thus are used for a wide variety of applications, including windows, door frames, interior panels in cars, railings, fences, landscaping timbers, cladding and siding, park benches, molding and furniture. Wood is often used in plastics as a means to reduce price compared to a solid plastic product. Wood used in WPCs often comes from side streams such as sawdust produced while manufacturing lumber or recovered wood products, and is much cheaper to produce than the plastic that it replaces in many products. This often helps to reduce prices for consumers. Wood plastic composite is good to solve the problem arises in the environment. There is scope of use agricultural waste product. In this case we will use waste polypropylene or polyethylene, or it may be used virgin polypropylene or polyethylene, waste wood floor. Rice husk, plastic additives like (DOP, DBP etc.). There are different percentages of raw material used for the production of pallets decking, outdoor furniture like park bench, windows and door shutter frames etc. Indian particle board and plywood industry dates back to the First World War. It has come a long way having grown nearly six-fold since its inception. The large producers account for 15% of the total production, producing some 38 mn sqm of plywood and blackboards. The Indian market for particle board and plywood is estimated in value terms, at over Rs. 37 bn. Of the total market, particleboard including medium density fiberboard (MDF board) accounts for nearly a quarter of the market. Nearly 85% of the particleboard is supplied by the organized sector. The wood-plastic composites market is projected to reach USD 5.84 Billion by 2021, at a CAGR of 12.4% from 2016 to 2021. Based on application, the wood-plastic composites market has been segmented into building & construction products, automotive components, industrial & consumer goods, and others. Based on type, the market has been segmented into polyethylene (PE), polyvinylchloride (PVC), polypropylene (PP), and others. Entrepreneurs who invest in this project will be successful. Few Indian major players • Amazon Wood Pvt. Ltd. • Archidply Industries Ltd. • Aryan Enterprises Pvt. Ltd. • Asian Pre-Lam Inds. Pvt. Ltd. • Associate Decor Ltd. • Austin Plywood Pvt. Ltd. • Best Board Ltd.
Plant capacity: 10,000,000 Sq.Ft. per annumPlant & machinery: 142 Lakh
Working capital: -T.C.I: Cost of Project:687 Lakh
Return: 28.00%Break even: 57.00%
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English Willow Cricket Bat

A cricket bat is a specialized piece of equipment used by batsmen in the sport of cricket to hit the ball, typically consisting of a cane handle attached to a flat-fronted willow-wood blade. It may also be used by a batter who is making their ground to avoid a run out, if they hold the bat and touch the ground with it. The length of the bat may be no more than 38 inches (965 mm) and the width no more than 4.25 inches (108 mm). Its use is first mentioned in 1624. Since 1979, a law change stipulated that bats can only be made from wood. The willow used in making bats in Kashmir was brought in by the British, who ruled India, during the 1820s. The industry combines traditional tools with modern technology. Some of the districts where these bats are made in Kashmir are Anantnag, Baramula, and Pahalgam. Traditional Indian cricket bats are made in the regions of Jammu and Kashmir, Punjab, Haryana, Gujarat, Uttar Pradesh and Rajasthan. In Kashmir they are made out of willow found in northern India. Some bats made in Kashmir are of international standards and are/were used by national players in India Sunil Gavaskar, Virender Sehwag and Yuvraj Singh. English willow bats with minor visual defects such as grains which are not perfectly straight, or dis-colourations, are also cheaper. Geoffrey Boycott, former England captain and one of the most successful Test players in history, has stated that such bats will play just as well as better-looking ones and that players ought to buy the cheaper ones to get the same performance at a better price. Further, with projected demand of cricket bats expected to increase to 4 million per annum in the global market by the year 2020, the future of this industry looks very promising because the Kashmir willow comprises about 60 percent of the total bats manufactured in India. Additionally, with a compound growth rate of about 8.4 percent, the potential turnover from the export of this commodity is projected to increase to 100 million per annum in the year 2030. The top cricket bat manufacturers in India. Cricket Bats over the years have faced a massive change. Initially, it had followed two rules. Firstly, it should be a Kashmir willow or an English willow. Secondly, the dimensions will be 956 mm*108mm. But nowadays, the bats are customized according to the needs of the batsmen. Bats have carbon-reinforced fabric polymer down the bat, size of handles are varied, bats weigh less than the bats used in the 1990s, etc. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players • Adidas India Pvt. Ltd. • Hike Pvt. Ltd. • Nike India Pvt. Ltd. • Puma Sports India Pvt. Ltd. • Sanspareils Greenlands Pvt. Ltd. • Sporting & Outdoor Ad-Agency Pvt. Ltd.
Plant capacity: 6.7 Nos. Per DayPlant & machinery: 8 Lakh
Working capital: -T.C.I: Cost of Project:22 Lakh
Return: 29.00%Break even: 81.00%
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Maize Processing Unit (Starch, Glucose, Germs, Fibres, Gluten & Steep Water)

Globally, maize is known as queen of cereals because it has the highest genetic yield potential among the cereals. It is cultivated on nearly 150 m ha in about 160 countries having wider diversity of soil, climate, biodiversity and management practices that contributes 36% (782 mt) in the global grain production. The U.S. of America (USA) is the largest producer of maize contributes nearly 35% of the total production in the world and maize is the driver of the US economy. The USA has the highest productivity (> 9.6 t ha-1) which is double than the global average (4.92 tha-1). Whereas, the average productivity in India is 2.43 tha-1. In India, maize is the third most important food crops after rice and wheat. Besides food, maize and maize products have numerous industrial uses such as in adhesives, explosives and soaps, and for textile sizing, etc. Maize starch is employed in the manufacture of asbestos, ceramics, dyes, plastics, oil cloth, linoleum, paper, and paper boards, and in textiles, mining, deep oil drilling, and cosmetic and pharmaceutical industries. The derivatives of maize starch include glucose or corn syrup, corn sugar, dextrin, and industrial alcohol, which is employed in different industries. The grain is used for making various alcoholic beverages. Maize starch is extensively used as a sizing material in the textile and paper industries. In the food industry, it is used in the preparation of pies, puddings, lad dressings and confections. It is used to manufacture tablets, as a binder and used as a substitute to cellulose. It fulfils all specifications of pharmaceuticals. In textile Industry:- It improves weaving performance. It is used in textile finishing. It increases the stiffness of the fabric and improves the texture. Glucose syrup is used in the food processing industry, chiefly in confectionery. One of the main and most important uses of maize fiber is that it is used to prepare sweeteners, starches and ethanol. It thus finds use in several industries. India corn starch market is estimated to be valued at 1.37 Billion in 2018 and is estimated to grow at a CAGR of 3.9% during the forecast period 2019–2024. India Corn Starch market growth can be attributed to the easy availability of corn and its wide range of applications in various industries such as food and beverage, pharmaceutical, animal feed, textile industry, paper industry, and others. Thus, due to demand it is best to invest in this project. Few Indian major players • Aksharchem (India) Ltd. • Amaravati Agro Ltd. • Cargill India Pvt. Ltd. • Devi Corn Products Ltd. • Gayatri Bioorganics Ltd. • Gujarat Ambuja Exports Ltd.
Plant capacity: Maize Starch:30 MT per day Liquid Glucose:30 MT per day Gluten:4.50 MT per day Germs:6 MT per day Fiber:14 MT per day Steep Water:6 MT per dayPlant & machinery: 3206 Lakh
Working capital: -T.C.I: Cost of Project:4496 Lakh
Return: 21.00%Break even: 49.00%
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Packaged Drinking Water with PET Bottles

Humans need clean tasty and safe drinking water free from any microorganism when human is thirsty and is ready to pay substantially if need be. This is available in Pouch, Bottles and cans as per requirement of the customers. The water used for potable purposes should be free from undesirable impurities. The water available from untreated sources such as Well, Boreholes and spring is generally not hygienic and safe for drinking. Thus it is desirable and necessary to purify the water and supply under hygienic conditions for human drinking purpose. Bottled water is drinking water (e.g., well water, distilled water, mineral water, or spring water) packaged in plastic or glass water bottles. Bottled water may be carbonated or not. Sizes range from small single serving bottles to large carboys for water coolers. Bottled water is the most dynamic market of all the food and beverage industry. Mineral water is bottled under very hygienic conditions under strict quality control before being marketed. Its major use is in five star Hotels, Hospitals, tourist place, function & People houses where good quality pure water is required for potable purposes. It is marketed at places and regions where hygienic drinking water is not freely available. The bottled water industry in India witnessed a boom soon after BISLERI launched its packaged drinking water in the country. This significant growth was fueled by a surge in advertising by the industry players that "bottled water was pure and healthy" As it is being considered as healthy compare to tap water or other water sources, the people conscious about health are opt for bottled water of known brand. India's packaged bottled water industry is currently dominated by the top five players, including PARLE (BISLERI, BAILLERY), PEPSICO (AQUAFINA), COCA COLA (KINLEY), DHARIWAL (OXYRICH) AND NOURISH CO. (HIMALYAN). Apart from these other leading bottled water brands in India are: KINGFISHER, TATA WATER PLUS, QUA, BLUEFIN, OVIVO, etc. The market is expected to reach INR ~403.06 Bn by the end of 2023, from its current value of INR ~160 Bn, expanding at a compound annual growth rate (CAGR) of ~20.75% from 2018. Based on volume, the market is likely to reach ~35.53 Bn liters by 2023, expanding at a CAGR of ~18.25% from 2018 to 2023. As a whole there is a good scope for new entrepreneur to invest in this business.
Plant capacity: Packaged Drinking Water 200 ml Size Bottle:28,800 Bottles per Day Packaged Drinking Water 500 ml Size Bottle:28,800 Bottles per Day Packaged Drinking Water 1000 ml Size Bottle:38,400 Bottles per DayPlant & machinery: 306 Lakh
Working capital: -T.C.I: Cost of Project:632 Lakh
Return: 24.00%Break even: 51.00%
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Methyltetrahydrophthalic Anhydride (MTHPA)

Methyl TetrahydroPhthalic Anhydride (MTHPA). It is used in the production of adhesives, acrylic resins, paints & lacquers. It is one of the best solidifier or curing agent for epoxy resins. Methyl tetrahydrophthalic Anhydride, one of the MTHPA anhydride referred to as MTHPA, MeTHPA, has two isomers, namely 4-methyltetrahydrophthalic anhydride and 3-methyltetrahydrophthalic anhydride, having a melting point of 65°C and 63°C. It is rarely used as a curing agent alone. The actual commodity is a liquid mixture that isomerized to various isomers. The molecular weight is 166.17, and light yellow color, transparent oily liquid, relative density of 1.20-1.22. Freezing point <-20°C. The boiling point is 115-155°C. Viscosity (25°C) 40-80 mPa•s. The refractive index is 1.4960 to 1.4980. The anhydride group content is ? 40%. MTHPA is mainly used as a curing agent for epoxy resins. It has a low tendency to absorb moisture from the air and zero or minimal formation of carbon dioxide when mixed with tertiary amine accelerators. MTHPA can be easily blended with various liquid resins providing stable, low viscous mixture and long pot lives. In the field of reinforced plastics, it is used for filament wound products (pipes for oil, poles and sport goods), laminated sheets, and printed circuit boards, switch gears. Thanks to its excellent insulating properties, MTHPA found a lot of applications for the production of electrical parts such as: capacitors, resistors, wiring parts transformers, ignition coils, fly back transformers. The Methyltetrahydrophthalic Anhydride (MTHPA) market will depend on market share (sales and revenue) of key companies and growth opportunities of the Methyltetrahydrophthalic Anhydride (MTHPA) market by type, application, key manufacturers and key regions and countries. The market is expected to reach $14.19 billion in 2025 at a CAGR of 5%. Entrepreneurs who invest in this project will be successful.
Plant capacity: 16,000 Kgs Per DayPlant & machinery: 234 Lakh
Working capital: -T.C.I: Cost of Project:897Lakh
Return: 28.00%Break even: 57.00%
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Adhesive (Fevicol Type)

“Adhesive” as a general term includes cement, mucilage, glue, and paste-terms that are often used interchangeably for any organic material that forms an adhesive bond. Fevicol type adhesives come under the category of synthetic resins and latex adhesives are made from polyvinyl acetate is a thermoplastic, odourless, tasteless, non-toxic, essentially clear and colourless resin. It has a non-crystalline and relatively branched rather than linear structure. Most grades of resin have a somewhat broad molecular weight distribution. They do not melt, but soften over a temperature range. The resin is unaffected by sunlight, ultraviolet light and air, furthermore it will absorb a small amount of water. Polyvinyl acetate is neutral and non-corrosive. Because of their relatively low cost, ready availability, wide compatibility and excellent adhesive characteristics, many polyvinyl acetate resins, solutions and emulsions are treated as commodity items by the adhesives industry. Most of the differences in physical properties among polyvinyl acetate grades are primarily a function of molecular weight. Adhesives are made in various types and may be synthetic or natural. The term synthetic adhesive means the adhesive which is prepared by using synthetic chemicals such as synthetic resin. These adhesive are adaptable to high speed machinery in paper conversion and packaging fields and find place as wood adhesives Polyvinyl acetate is now used in adhesives for various application including the following:- 1. Book Binding. 2. Paper Bags. 3. Milk Car. 4. Drinking Straws. 5. Envelopes. 6. Gummed Tapes. 7. Folding Boxes. 8. Multi - Wall Shipping Bags. 9. Labels, Film and Paper Boards. Use as an emulsion, soluble in water, it is particularly useful for glueing porous materials, particularly for wood, paper and cloth. Over the last few years, the adhesive business has seen global players setting up new capacities in India. With customs duty nearing ASEAN levels, competition will further intensify from imports as well as the low cost local players. Adhesives market in India is projected to cross US$ 1.3 billion by 2025. The market size of all types of adhesives is very large and growing. Of this, the premium products account for some 45%. Quantitatively, the overall market size is growing annually at 11%. Thus, due to demand it is best to invest in this project. Few Major Indian Players:- • Anabond Ltd. • Arofine Polymers Ltd. • C I C O Technologies Ltd. • Century Plyboards (India) Ltd. • D H Resins & Chemicals Pvt. Ltd. • D I C India Ltd. • F C L Technologies & Products Ltd.
Plant capacity: 1.0 MT per DayPlant & machinery: 47 Lakh
Working capital: -T.C.I: Cost of Project:165 Lakh
Return: 27.00%Break even: 62.00%
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Bitumen •Polymer Modified Bitumen •Bitumen Emulsion •Cutback Bitumen

Bitumen is an important low-cost thermoplastic which finds many applications as a building and engineering material; however, bitumen has poor mechanical properties as it is hard and brittle in cold environments and soft and fluid in hot environments. One of the many ways of toughening bitumen is by blending it with synthetic polymers, which can be either virgin or waste polymer. The only materials that have shown a real ability to improve all the required properties are polymers, including thermoplastic, thermo hardening, and elastomeric polymers. Bitumen emulsion is a mixture of fine droplets of bitumen and water. But as the bitumen is a petroleum product it doesn’t mix with water and as it is sticky in nature, it doesn’t easily gets disintegrated into fine droplets for this an emulsifier is used. Cutback bitumen is a range of binders that are produced by blending (mixing) penetration grade bitumen and a hydrocarbon solvent, such as paraffin or mineral turpentine. The primary aim of the modification of bitumen for use in structural layers is to increase the resistance of these layers to permanent deformation at high road temperatures without compromising the properties of these layers over the rest of the prevailing temperature range. • The use of polymer modified bitumen to obtain improved performance is rising as a result of increases in tire pressures, axle loads, and higher traffic volumes. • Improved performance can be achieved in two ways, both of which are aimed at reducing the permanent strain: • An increase in the elastic component with an associated reduction in the viscous component; and Stiffening of the bitumen to reduce the total viscoelastic response of the layer Asia Pacific is expected to be the fastest-growing market and is expected to witness gains at a CAGR of 3.0% from 2016 to 2024 in terms of volume. Government initiatives to construct roads to access rural areas is projected to propel the demand for bitumen over the forecast period. ). As a whole there is a good scope for new entrepreneur to invest in this business.
Plant capacity: Polymer Modified Bitumen:4.0 MT Per Day Bitumen Emulsion:8.0 MT Per Day Cutback Bitumen:8.0 MT Per DayPlant & machinery: 95 Lakh
Working capital: -T.C.I: Cost of Project:540 Lakh
Return: 30.00%Break even: 80.00%
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Profitable Business Opportunities in Cold Storage Business. Refrigerated Storage and Warehousing Industry.

Introduction: Since cold storage uses advanced technologies, it is slightly more expensive than standard storage, and most companies use third-party warehousing facilities to meet their warehousing needs. Chillers, cold rooms, pharmaceutical grade cold storage, and refrigerated containers are all examples of cold storage. A cold storage facility may be a good place to store fruits and vegetables, and it can also be used to extend the life of food and avoid spoilage. Foods that have been processed, such as fish and beef, need preservation. Foods and a number of other resources are protected by storage, which prevents microorganism development. Cold Rooms are a smart idea because they keep things much colder than room temperature. Related projects:- Cold storage, Controlled Atmosphere Storage, Multipurpose, Multi-commodity Cold Storage, Food, Vegetables & Fruits Storage, Refrigerated Warehousing, Cold Chain, Industrial cold rooms, Warehouse & Rural Godowns for short term and long term storage A cool store, also known as a cold store, is a large refrigerated room or building used to store products in an atmosphere that is cooler than the ambient temperature. Fruit, vegetables, fish, and meat are examples of products that need refrigeration. Cold stores are often found near shipping ports where goods are imported and exported. Non-living foods are more difficult to maintain because they are vulnerable to spoilage. The issue is preventing decay and putrefaction of dead tissues. Meat and fish products can only be kept for a long time by freezing them and then storing them at temperatures below -15oC. Freezing is only useful for a few fruits and vegetables. However, when it comes to fruits and vegetables, the recommended storage temperature and humidity must be strictly adhered to, as any deviation would have a detrimental impact on the stored product, possibly resulting in its loss. When the world's population grows, so does the market for perishable products like fruits and vegetables? To keep these types of products from spoiling, they must be stored in cold storage facilities. Related Books:- Infrastructure, Hospitality, Medical, Entertainment, Warehouse, Real Estate, Education, Cold Storage, Cold Chain, Controlled Atmosphere Storage & Rural Godowns Benefits of using cold storage The word "cold storage" is used to describe not only the method of storing vegetables and fruits, but also potatoes and fish. Instead, it discusses how they are transported from one place to another. In most countries, export is a big industry. Products such as fish, vegetables, and fruits are exported through oceans on a regular basis. It's also unavoidable for companies to find out the best places to store and ship them. This is where vegetable and fruit cold storage, as well as fish cold storage, come into play. Many businesses would be difficult to run without the assistance of reliable cold storage equipment. Freezers and cold lockers have opened up new business possibilities as well! Cold storage and freezer systems will assist with selecting the appropriate equipment, shipping items around the world, and even properly packaging products. Deeper temperatures are used in fish and meat storage facilities. This is mostly due to the rapid rotting of fish and other meat types. So, if you really want to benefit from your catch, make sure the fish and meat varieties are properly stored. End users must have similar facilities for storing fish for longer periods of time in addition to fish cold storage for shipping. For the most part, lock down freezers are used to store fish. Related Videos:- Cold storage, Cold Chain, Controlled Atmosphere Storage, Refrigerated Warehousing, Warehouse & Rural Godowns, Temperature Controlled Supply Chain Operational Method Cold storage facilities act as a critical connection between farmers and consumers. Cold storages are in high demand due to the rapid growth of the food and related industries. Cold storages are essential binders for extending shelf life, marketing cycles, reducing post-harvest losses, and avoiding transportation issues during peak production periods and preserving quality. Maintaining a sufficiently low temperature is important, as otherwise the produce would suffer from chilling injury. Also, for most perishables, the relative humidity of the storeroom should be kept at 85-90 percent, as anything lower has a negative impact on the produce's quality. There are a number of refrigeration systems and methods, but the most common is the Vapour Compression Refrigeration Method, which has a higher efficiency coefficient than the Vapour Absorption System. The 'Vapor Compression Refrigeration' cycle is also used in the cold storage plant. Cooling is based on the second law of thermodynamics (the Clausius argument for a heat pump). According to the second law, extra energy is required to transfer heat from a low-temperature body to a high-temperature body. Compressor power is the amount of effort or energy required to keep the cooling process going. Market Research; - Market Research Report Marketing Overlook Cold storage is critical for maximizing shelf life, marketing time, eliminating gluts, reducing transportation bottlenecks during peak production periods, and maintaining product quality. As a result, the growth of the cold storage industry plays an important role in reducing perishable product wastage and thus providing remunerative prices to growers. The strict regulations regulating the manufacture and delivery of temperature-sensitive goods have benefited the industry significantly. In addition, increasing automation in refrigerated warehouses is expected to push up demand even further. Cloud technology, robotics, conveyor belts, truck loading automation, and energy management are all examples of warehouse automation. When it comes to shipping and storing temperature-sensitive goods, chilled storage has become an essential aspect of Supply Chain Management (SCM). The Global Cold Storage Market offers a detailed overview of the industry. This report provides a detailed review of key segments, patterns, drivers, constraints, the competitive landscape, and other relevant market factors. The strong demand for cold storage across several countries as a result of increasing international trade, as well as the growth of multinational companies in the retail sector, are the major factors driving the market's growth. The cold storage warehouse industry is one of the brightest lights in the commercial real estate market, beckoning real estate investors to join in on one of the most notable success stories in recent years. Profile- Project Reports & Profiles Government Subsidies: Via various tax exemptions and subsidies, the government has established a range of schemes to promote cold storage and warehousing in India. The Indian government has taken a number of steps to improve and develop the country's cold storage and warehousing industry. This has been accomplished through the introduction of a number of carefully crafted schemes aimed at assisting this industry with all of the requirements necessary for its continued growth, ease of doing business, attracting foreign investors, and thereby expanding its market share in the economy. Several tax breaks and incentives have been given to ensure that this sector expands at the same pace as the rest of the economy. The National Horticulture Board (NHB), National Horticulture Mission (NHM), Agricultural and Processed Food Products Export Development Authority (APEDA), and Ministry of Food Processing Industry are among the organizations that have earned exemptions and benefits (MoFPI), The Mission for Integrated Growth of Horticulture (MIDH) works alongside the Department of Agriculture and Cooperation to expand and improve the cold storage industry in India with their full and complete cooperation. Thus, the primary goal of these cold storage schemes is to provide an integrated cold chain and preservation infrastructure facility free of any breaks from the farm gate to the final user. Ministry of Food Processing Industry (MoFPI): This scheme offers financial assistance in the form of grant-in-aid to industry players for technical civil works and all qualifying plant and machinery up to a limit of Rs. 10 crore per project. Mission for Integrated Development of Horticulture (MIDH): Multi-chamber cold storage units with energy-efficient technology, as well as provisions for thermal insulation, humidity control, advanced cooling systems, automation, and other features, are eligible for any assistance needed for the establishment of new cold storage infrastructures. According to the ministry's guidelines, which contains requirements and standards. At the same time, under the NHM or Horticulture Mission for the North-Eastern States and the Himalayan States (HMNEH) sub-schemes, cold storages consisting of long-term storage and distribution hubs with a capacity of up to 5000 MT have been provided for and promoted. National Horticulture Board (NHB): Any establishment of cold storage units with a capacity of more than 5000 MT but less than 10000 MT, as well as their modernization processes, are eligible to receive capital investment subsidies under the NHB scheme for the development, extension, and modernization of their cold storage for horticulture products. This is a sub-scheme of the MIDH as well. Furthermore, this is an open-ended credit-linked scheme with a scale of assistance of 40% of the total project capital cost but restricted to Rs. 30 lakhs per project in General Areas, and 50% limited to Rs 37.50 lakhs per project in North-Eastern, Hilly, and Scheduled Areas of the country. National Horticulture Mission (NHM): Both cold storage units that fall under the category of long-term storage and distribution hubs with a capacity of up to 5000 MT are eligible for assistance under the NHM/HMNEH open-ended scheme, which is a sub scheme of MIDH. As provided under the operational guidelines under the MIDH programme, such assistance is provided as a subsidy to credit related projects at 35 percent of the capital cost of the project in General Areas and 50 percent in North-Eastern, Hilly, and Scheduled Areas. Small Farmer Agri-Business Consortium (SFAC) Assistance: Any cold storage unit that is part of an integrated value chain project is eligible for subsidies as long as the cold storage portion does not account for more than 75% of the total financial outlay (TFO) of the project. According to the Integrated Scheme for Agricultural Marketing (ISAM) and the operational guidelines given under the same, the scale of assistance as subsidy to all such projects is set at 25% of the capital cost with a maximum ceiling of Rs.2.25 crores in General Areas and 33.33 percent with a ceiling of Rs.4 crores in North-Eastern states, Hilly and Scheduled Areas. The government has encouraged the establishment of post-harvest infrastructure in order to increase and double the income produced by farmers, as well as to reduce any post-harvest losses. Key Players:- • Adani Agri Fresh Ltd. • Harshna Ice & Cold Storage Pvt. Ltd. • Crystal Logistics Cool Chain Ltd. • Gubba Cold Storage Pvt. Ltd. • Samagra Agribusiness Services Pvt. Ltd. ? For More Details: https://niir.org/profile-project-reports/profile/2418/india-emerging-business-opportunities-cold-chain-sector-why-invest-project-potential-core-financials-market-size-industry-analysis.html #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #entrepreneurindia #startupbusiness #ProjectReport #startup #projectconsultancy #businessopportunity #ColdStorage #ColdStorageIndustry #ColdStorageBusiness #ColdStorageMarket #ColdStoragePlant #ManufacturingPlant #ProductionPlant #LargeScaleColdStorage #coldchainindustry #ColdStorageInvestment
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Production of Micronutrients Fertilizer. Most Profitable Industries to Launch Startups.

Introduction: Nutrients are needed for the survival of all living things. Plants, too, require vital nutrients in order to complete their life cycle. Carbon, Hydrogen, and Oxygen are all naturally occurring elements that are not supplied to plants. Major nutrients such as nitrogen, phosphorus, and potassium are needed in greater amounts by plants and must be supplied on a regular basis. Calcium, Magnesium, and Sulphur are secondary nutrients that are needed in smaller amounts than main nutrients. Micronutrient Fertilizer is required in very limited amounts by plants and plays an important role in their physiology. Related projects:- Disinfectants, Pesticides, Insecticides, Mosquito Repellents, Destroyers, Phenyl, Fertilizer, Fungicides, Herbicides, Plant Regulator, Plant Growth Regulator, Mixture, Intermediates, Agrochemicals, Bio Stimulate, Growth Activator, Organic Pesticides Zinc [Zn], Boron [Bo], Iron [Fe], Manganese [Mn], Copper [Cu], Molybdenum [Mo], Silicon [Si], Nickel [Ni], Cobalt [Co], and Sodium [Na] are all micronutrients. Plant micronutrients play an important role in flower initiation, fertilization, fruit set, and disease resistance. Sulfates are the most common micronutrient fertilizer sources for Zn, Cu, and Mn, but chelates are the most common Fe source, and borax and sodium molybdate are used for B and Mo, respectively. The soil property that has the greatest effect on micronutrient availability is soil pH, and for all but Mo, the higher the pH, the lower the plant availability. Liming, according to Mo, will potentially avoid deficiencies. Organic matter content, particularly for Cu, oxidation/reduction conditions, especially for Fe and Mn, soil texture, Fe and Al oxide content, and soil moisture conditions are also essential in bioavailability. Uses and Types of Micronutrients: We're all familiar with the basic nutrients for plants: nitrogen, phosphorous, potassium, magnesium, calcium, and sulphur. They're known as macronutrients. However, there is a long list of plant micronutrients that are also important for the health of your plants in far smaller amounts. These micronutrients, such as boron, iron, zinc, and others, not only promote healthy growth, but also aid in the fight against pests and diseases in your garden. Related Books:- Biofertilizer, Biofertiliser, Biogas, Organic Farming, Vermicompost, Vermiculture, Biotechnology Adding organic compost to your garden soil is the safest long-term way to keep it rich in the micronutrients it needs. Compostable materials such as grass clippings, leaves, plant trimmings, and table scraps already contain a variety of micronutrients. Their presence in your compost means that certain micronutrients are returned to the soil. Many regions have increased their use of micronutrients as a result of increased information gained over the last 25 years about plant requirements, sources, and the most successful methods of applying them. Higher crop yields, which are generally the product of higher NPK fertilizer prices, can also result in increased micronutrient requirements. Furthermore, the rapid change in the tropics to higher-analysis fertilizers like urea, triple superphosphate, and ammonium phosphate has reduced the amount of micronutrients added to the soil as fertilizer contaminants. Micronutrients are small amounts of basic elements used by plants. Crop absorption of most micronutrients is less than one pound per acre. Despite this low requirement, if micronutrients are not available, essential plant functions are hampered, resulting in plant abnormalities, reduced growth, and lower yield. In such situations, costly, high-demand crop inputs like nitrogen and water can be squandered. Growers are evaluating all possible obstacles to top grain production, including micronutrient shortages, as a result of higher yields, higher commodity prices, and higher crop input costs. Related project:- Micronutrients Fertilizer Production Process: By simply mixing the process with the right formula, a specific fertilizer grade of mixed micronutrients can be created. Micronutrients are divided into two categories based on their use. The one for foliar spray is different from the one for soil application. Micronutrients are essential for providing healthy nutrition to plants, and a lack of them can limit crop growth. One of the major factors driving the market's growth is the increasing occurrence of micronutrient deficiencies in soils around the world. Market Outlook: The Global Micronutrient Fertilizers Market is expected to expand at a rate of 10.2% over the next five years. However, the prevalence of micronutrients in soil is now decreasing at a faster rate, allowing for their artificial addition. This is where the micronutrient fertilizer industry has a lot of space to develop. The global Micronutrients Fertilizers market has the following segments based on the type: Boron, Copper, Iron, Manganese, Molybdenum, Zinc, and Others. The increase in soil degradation due to extensive cultivation and shrinking farmland will drive the micronutrient fertilizers market. Based on type, the global Micronutrients Fertilizers market is segmented into the following categories: Boron, Copper, Iron, Manganese, Molybdenum, Zinc, and Others. The demand for micronutrient fertilizers would be motivated by a rise in soil depletion due to intensive agriculture and diminishing farmland. Furthermore, rising demand for high-value crops such as fruits and vegetables would drive up demand for micronutrient fertilizers. The micronutrient fertilizers market is likely to be hindered by limited product availability. Related Videos:- Fertilizers, Biofertilizer, Inorganic Fertilizers (Mineral Fertilizer), NPK, Nitrogen Fertilizer, Nitrogenous Fertilizer, Diammonium Phosphate Projects Increased agricultural investment in developed countries, on the other hand, would open up opportunities for the micronutrient fertilizer industry. Based on feature, the global market for micronutrient fertilizers is divided into the following segments: soil, foliar, fertigation, and others. The agricultural micronutrients market is expected to expand due to factors such as increasing soil micronutrient deficiencies and rising awareness about food security. In terms of both value and volume, Asia-Pacific was the largest market for crop micronutrients. The rising demand for high-quality food, as well as farmers' increased awareness and acceptance of micronutrients, are some of the major factors driving the crop micronutrients market in Asia Pacific. Furthermore, the crop micronutrients market in this area is expected to be driven by an increase in agricultural practices and the demand for high-quality agricultural produce. Government Policy Micronutrients Fertilizers: India is a zinc-deficient country, according to an ICAR report under the Ministry of Agriculture and Farmers Welfare, with about 37% of soil samples analyzed for accessible zinc being found deficient. Owing to zinc deficiency, the World Health Organization (WHO) estimates that about 800,000 people die each year as a result of zinc deficiency, with 450,000 of them being children under the age of five. Low zinc intake could affect 60-70 percent of the population in Asia and Sub-Saharan Africa, according to estimates. Profile- Project Reports & Profiles This amounts to about 2 billion people in Asia and 400 million people in Sub-Saharan Africa in absolute terms. Zinc malnutrition has resulted from widespread zinc deficiency in humans, especially in developing countries like India. This has drew the attention of India's government and politicians, raising consciousness about the value of zinc in human health. In terms of fertilizer policy, the position of zinc was targeted through an Rs 500 per ton additional subsidy under the Nutrient Based Subsidy (NBS) Scheme, which was launched in 2010. Under the National Food Security Mission (NFSM), the government is actively promoting the use of zinc by providing farmers with an additional subsidy of Rs 500 per hectare for using micronutrients, including zinc fertilizers. Big fertilizer companies are also making forays into the zinc fertilizer market in India. Key Players: 1. Abellon Agrisciences Ltd. 2. Agro Extracts Ltd. 3. Aries Agro Ltd 4. Bayer Cropscience Ltd. 5. Champion Agro Ltd. 6. Coromandel Agro Products & Oils Ltd. 7. Good Value Mktg. Co. Ltd. For More Details:- https://www.niir.org/profile-project-reports/profile/2890/micronutrients-fertilizer.html
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Most Profitable Industries in India to Start Your Own Business of High Density Polyethylene (HDPE) Polypropylene plastic (PP) Bags. Money Making Manufacturing Business

Introduction: HDPE (high-density polyethylene) has a small number of branching chains as a result of polymerization. This results in molecules that are closely packed and bonded, making this form of polyethylene rigid, durable, and long-lasting. This is used in the manufacture of pipes, containers, toys, tubing, and fixtures, among other items. As a result, this is more of an automotive application. HDPE and Polypropylene Sacks are chemically resistant. UV resistance, on the other hand, is poor; however, it can be strengthened by stabilizing it with additives. HDPE and PP are resistant to a wide range of solvents and have a wide range of applications. Woven bags are classified as PE woven bags with polyethylene as the raw material and PP woven bags with polypropylene as the raw material. Related Projects:- Packaging Industry, Beverage Can, Bottles, Blister Packs, Carton, Bags, Plastic Bottles, Skin Pack, Tin Can, Boxes, Shrink Wrap, Barrel, Crate, Aseptic, Container, Active, Flexible, Rigid Plastic, Metal, Flexible, Glass, Paper Board, Food, Beverage In general, international polyethylene production and the majority of domestic polypropylene use. Polypropylene, on the other hand, is superior to polyethylene in terms of corrosion resistance, resilience, and clarity, but it also has a number of disadvantages, including poor resistance and a rapid ageing rate, necessitating the addition of an antioxidant for alteration. HDPE Bags are widely used for a number of building and sanitation applications due to their resistance to mould, mildew, and corrosion. It can also be shaped into almost any form while staying lightweight, making it an excellent alternative to other forms of plastic. Uses: Both HDPE and PP sacks have similar advantages. They're not only highly malleable, but they're also reasonably impact resistant, so strength isn't an issue when using these plastics. Sacks made of woven PP and HDPE are used to transport small amounts of dry solid materials such as: • Cement • Coal • Fertilizer • Chemicals • Polymers • Minerals • Sugar • Salt • Rice • Flour • Wheat • Barley • Animal Feed Related Books:- Packaging Industry, Beverage Can, Bottles, Blister Packs, Carton, Bags, Plastic Bottles, Skin Pack, Tin Can, Boxes, Shrink Wrap, Barrel, Crate, Aseptic, Container, Active, Flexible, Rigid Plastic, Metal, Flexible, Glass, Paper Board, Food, Beverages HDPE Sacks are the most widely used petroleum thermoplastic and the most widely used of the three polyethylene for a variety of applications. HDPE is suitable for push-fit caps and plugs. They provide smooth and easy assembly, as well as the ability to protect sensitive internal and external profiles from damage, and they come in a variety of styles. Tapered, pull tab, flexible, quick-fit, and tube caps and plugs are among them. They can also be made of LDPE, PE, PVC, Silicone, TPR, or EVA, in addition to HDPE. Polypropylene is a popular alternative for caps and plugs since it is a relatively inexpensive material. It's adaptable, doesn't fade in the sun or deteriorate in the elements like other plastics, and can withstand high temperatures. PP bags have rapidly gained prominence in the industry and are now widely used in a variety of industries. PP Bags have become a popular option for industrial packaging, with applications including food, fertilizer, powders, cements, granulated chemicals, and more. Woven polypropylene bags, also known as woven PP bags, are the toughest packing bags available, and are commonly used to pack materials for the grain, milling, and sugar industries. Furthermore, these bags are widely used in the fodder, pesticides, and fertilizer industries, as well as the cement industry and other applications such as sand, metal parts, and concrete. Market Research:- Market Research Report Production Process: These bags are made from high-quality materials and are praised for important characteristics such as water resistance, excellent finish, and durability. PP (Polypropylene) woven bags, also known as woven PP bags, are plastic woven bags made primarily of polypropylene that are commonly used for material packing in industries such as fertilizer, cement, sand, food grains, sugar, cattle feed, and others. Lighter weight, higher strength, and greater corrosion resistance are all advantages of PP woven bags/sacks. (PP/HDPE) woven bags made from PP granules as a starting material. Tape processing, weaving into circular/tubular cloth, auto roll printing, cutting, sewing, and baling are all part of the process. Woven sacks can be laminated or unlamented and are made of polyethylene or polypropylene materials. Profile:- Project Reports & Profiles These sacks are one of the most flexible packaging solutions available, with applications including fertilizers, construction materials, food grains, pesticides, cattle feedstock, and grocery products. Woven sacks are lightweight, moisture-proof, and long-lasting, with high strength and low seepage. The recyclability of woven sacks is a factor that makes them popular with end users. They can be used frequently without degradation. Market Outlook: The continuous surge in demand for high density polyethylene pipes in agriculture for supplying water and other agricultural activities such as drainage and irrigation, as well as their remarkable corrosion resistance, is expected to drive up HDPE demand. Because of cost, strength, and environmental reasons, woven polypropylene bags and sacks continue to be favored over non-laminated pp woven bags, accounting for 60% of global sales. The demand for high-density polyethylene (HDPE) in India is expected to rise at a healthy 7.25 percent CAGR. The demand for polypropylene woven bags and sacks has been rising at a faster pace with strong growth rates over the last few years, and it is expected to expand further in the future. The demand for polypropylene woven bags and sacks is expected to rise steadily. The growth of the Polypropylene Woven Bags & Sacks market is fueled by the packaging industry's positive growth, which is a major factor driving the global Polypropylene Woven Bags & Sacks market. Furthermore, the market's growth can be attributed to evolving lifestyles in developing countries and increasing per capita income, both of which are driving the Global Polypropylene Woven Bags & Sacks Market. The demand for polypropylene woven bags and sacks on a global scale. Provides a thorough examination of main segments, patterns, drivers, constraints, the competitive environment, and other important market factors. Manufacturers of pp woven polypropylene bags and sacks provide a diverse range of items to meet changing customer and end-use needs. With a combined market share of more than 50% by value and volume, open-pocket and zip-lock bags continue to dominate the PP woven and gunny bag market. Blocky bottoms and sandwich bags appear to be in high demand, which contributes to the overall trend. Related Videos:- Packaging and printing Industry Key Players:- • Aditya Polymers Ltd. • Ashok Polymers Ltd. • Ashoka Poly Laminators Ltd. • Bardanwala Plastics Pvt. Ltd. • Bihar Raffia Inds. Ltd. • Commercial Syn Bags Ltd. • Dhoot Compack Pvt. Ltd. • Eclat Industries Ltd. • Emmbi Industries Ltd. • Ganpati Plastfab Ltd. • Gopala Polyplast Ltd. • Indra Industries Ltd. • Jagannath Polypacks Ltd. • Krishna Poly Packs Pvt. Ltd. Contact us Niir Project Consultancy Services An ISO 9001:2015 Company 106-E, Kamla Nagar, Opp. Mall ST, New Delhi-110007, India. Email: [email protected] , [email protected] Tel: +91-11-23843955, 23845654, 23845886 Mobile: +91-9097075054, 8800733955 Website: www.entrepreneurindia.co , www.niir.org
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