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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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Set up your own Maize Processing Plant with Cogeneration Plant

After wheat and rice, maize is the third most significant cereal/crop, and it offers a wide range of processing options due to its high nutritional content and cost-effectiveness. Maize (sometimes known as corn) is a cereal grass commonly used for food and animal feed. In India, maize is one of the most extensively consumed foods. India produces 21 million tonnes of maize every year, with Karnataka, Andhra Pradesh, and Rajasthan producing the most. India is one of the world's largest maize producers, and the grain can be grown throughout the year in practically any agro-climatic zone within its borders. Maize planting has increased in India in recent years, resulting in its domination as a starch source among processors. Maize is one of the most adaptable crops in development, thriving in a variety of agro-climatic situations. Maize is recognised as the "Queen of Cereals" around the world because it has the highest genetic production potential of all cereals. Starch, oil, protein, alcoholic drinks, food sweeteners, medicines, cosmetics, film, textile, gum, packaging, and paper are just a few of the sectors that use maize as a primary raw material. In commercial food production, a maize processing factory, often known as a corn mill, plays a significant role. Dry maize is ground into corn meal or corn flour at the factory, which is subsequently used to make tortillas, breads, and cereals. The grain can also be fermented and distilled to make ethanol fuel, or it can be processed into syrups to sweeten carbonated beverages. Depending on the type of gear used and the degree of milling that occurs during processing, a maize processing facility can do more than just turn corn into corn flour, cornmeal, or grits. Despite the fact that these are all common applications for maize processing facilities. Almost 57 percent of maize produced in India is utilised to feed poultry and livestock. Thirty-three percent is consumed, 9% is utilised to manufacture starch and related products, and 1% is used as seed. Maize is mostly used to make starch and other industrial products in the United States and Europe. Despite being one of the world's major maize producers, India's value addition in the form of processing lags behind more industrialised countries. A considerable amount of starch is transformed into high-value-added nutritional sweeteners, such as glucose syrup, dextrose, and fructose syrup, in modern countries. The Indian corn starch market is expected to increase at a CAGR of 3.9 percent from 2019 to 2024, reaching $1.37 billion in 2018. Corn's wide range of uses in industries including as food and beverage, medicines, animal feed, textiles, and paper are moving the India Corn Starch market ahead. Textile, paper, and construction sectors, as well as the pharmaceutical industry, are the primary consumers of starches. Although the usage of these derivatives in the food business is slowly increasing, there is still a lot of untapped potential in the maize starch processing industry. North America is the most important market for corn starch in terms of both value and volume. In contrast, the maize starch market in Asia Pacific is expected to develop at the fastest rate in the coming year, at a CAGR of 6.4 percent. Maize starch demand is rising across Asia Pacific, particularly in ASEAN, China, and India, where major corn starch producers have recently made significant investments. Key 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: 150 MT Per Day | Liquid Glucose: 20 MT Per Day | Maltodextrin: 18 MT Per Day | Gluten as by Product: 33 MT Per Day | Germ as by Product: 21 MT Per Day | Fiber as by Product: 36 MT Per DayPlant & machinery: 136 Cr
Working capital: N/AT.C.I: Cost of Project: 171 Cr
Return: 21.00%Break even: 32.00%
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Active Pharma Ingredients Metformin and Ciprofloxacin Production Business

Metformin (also known as Glucophage) is an oral diabetes medication that helps the body use insulin more effectively and lower blood sugar levels. Metformin is a diabetes treatment that can be taken alone or with other diabetes drugs. It has no side effects like hypoglycemia or weight gain, which are common with other diabetic treatments. Metformin does not cure diabetes, but it can help you manage your blood sugar and lower your risk of problems if you take it as prescribed by your doctor. Metformin is the first-line treatment for type 2 diabetes, especially in overweight individuals, and is sold under the brand names Glucophage and others. Polycystic ovarian syndrome (PCOS) is also treated with it (PCOS). It's taken orally and hasn't been linked to weight gain. It's sometimes used off-label to aid people who take antipsychotics or phenelzine avoid gaining weight. Metformin is a biguanide, which is a type of antihyperglycemic medication. It works by lowering glucose production in the liver, improving insulin sensitivity in body tissues, and increasing GDF15 secretion to reduce hunger and calorie intake. Metformin is a drug that is used to treat high blood sugar levels caused by type 2 diabetes, sometimes known as sugar diabetes. In this type of diabetes, the pancreas' insulin is unable to carry sugar into the body's cells, where it can operate normally. Metformin can help lower blood sugar and restore the way you use food to make energy when it's too high, either alone or in combination with a type of oral antidiabetic medicine called a sulfonylurea, or insulin. Metformin is a drug that aids in the regulation of blood sugar levels in persons with type 2 diabetes. It's also used as a second-line treatment for infertility caused by polycystic ovarian syndrome. Infections of the urinary tract (not recommended as a first-line antibiotic) Ciprofloxacin is the active ingredient in Ciprofloxacin, an antibiotic. It prevents germs from copying their DNA, which is how it works. It's primarily used to treat infections of the urinary tract, respiratory tract, prostate gland, skin and soft tissue infections, and anthrax because of its broad spectrum of activity against Gram-positive and Gram-negative bacteria, as well as its ability to penetrate bacterial biofilms and stationary phase cells in both aerobic and anaerobic environments. In 1983, Bayer A.G. developed ciprofloxacin, which was approved by the US Food and Drug Administration (FDA) in 1987. The FDA has licenced ciprofloxacin for 12 human and veterinary uses, however it is routinely used for unapproved reasons (off-label). Antibiotics, herbal and natural supplements, and thyroid therapies are among the medications that interact with ciprofloxacin. • Acute uncomplicated cystitis in women • Chronic bacterial prostatitis in men (not recommended as a first-line antibiotic choice) • Respiratory tract infections are less common (not recommended as a first-line antibiotic choice) • Acute sinusitis (not recommended as a first-line antibiotic choice) • Infections of the skin and the tissues that support it • Infections of the bones and joints • Infectious diarrhoea • Salmonella typhi-caused typhoid fever (enteric fever) Metformin hydrochloride API producers are strengthening their manufacturing capacities to lessen their reliance on China as anti-China sentiment grows in India. Due to interruptions in supplies from China as a result of the COVID-19 pandemic, manufacturers have been ramping up domestic production of active medicinal components (APIs). Despite the fact that India is known as the world's pharmacy because to its vast production capabilities in generic pharmaceuticals and vaccines, China is proving to be a tough rival, accounting for half of worldwide API supply. Indian drug companies are seeking to domestic producers to minimise their reliance on China in the metformin hydrochloride API business, as ties between the two countries have improved since a deadly border clash in June 2020. The Indian ciprofloxacin market is likely to grow rapidly over the forecast period. The ciprofloxacin market in India is being driven by the increased prevalence of renal disorders and eye infections, among other things. Ciprofloxacin is a second-generation fluoroquinolone that is used to treat a range of ear infections, including otitis externa, which is expected to drive market growth through FY2026. In addition, the market is expected to grow in the next years as the demand for broad-spectrum antibiotics that can treat a wide range of gram-positive and gram-negative bacteria grows. Key Players: • Aarti Drugs Ltd. • Abhilasha Pharma Pvt. Ltd. • Auro Laboratories Ltd. • Corvine Chemicals & Pharmaceuticals Ltd. • Godavari Drugs Ltd. • Harman Finochem Ltd.
Plant capacity: Metformin: 2,000 Kgs. Per Day | Ciprofloxacin: 1,000 Kgs. Per DayPlant & machinery: 104 Lakhs
Working capital: N/AT.C.I: Cost of Project: 584 Lakhs
Return: 31.00%Break even: 58.00%
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Manufacturing Business of Plastic Optical Lenses

Traditional glass lenses can be replaced by plastic optical lenses. They're constructed of an inert, pliable polymer that allows you to design frames that don't distort your eyesight or disrupt your eye socket's natural shape. Because they're so light, you won't even notice you're wearing them! Optical lenses are light-focusing or diverging optical components that focus or diverge light. Optical lenses are used in a variety of fields, such as life sciences, photography, industry, and defence. The profile or substrate of a lens affects how light flows through it. A lens is a refractory transmissive optical device that alters the focal length of a light beam. A simple lens is made up of a single piece of material, whereas a compound lens is made up of numerous simple lenses (elements) connected by a common axis. Lenses are made of transparent materials that have been ground and polished into the right shape, such as glass. The great majority of lenses are spherical, with two sphere sections on each surface. Convex (bulging outwards from the lens), concave (depressed into the lens), or planar (no bulging outwardly from the lens) surfaces are possible (flat). The lens axis is the line that connects the centres of the spheres that make up the lens surfaces. A magnifying glass is a frame that contains a single convex lens and a handle or stand. Myopia, hyperopia, presbyopia, and astigmatism, among other vision abnormalities, can be treated using lenses. Monoculars, binoculars, telescopes, microscopes, cameras, and projectors are some of the additional applications. When used on the human eye, some of these instruments provide a simulated image; others create a real image that may be captured on photographic film or an optical sensor, or displayed on a screen. The Abbe number refers to a lens's dispersion, which is the property most closely linked to its optical performance of all its properties. Lower Abbe numbers imply chromatic aberration (colour fringes above/below or to the left/right of a high contrast object), which is more common in larger diameter lenses with stronger prescriptions (4D or greater). Lower Abbe numbers are an inherent characteristic of mid and higher index lenses, regardless of the material employed. The Abbe number for a material at a specific refractive index formulation is called the Abbe value. So far, glass lenses have been employed in a wide range of applications. As a result of its brittleness and susceptibility to deterioration, plastic lenses have developed and grown in popularity. Plastic lenses beat glass lenses in terms of UV resistance, durability, and safety for use in sports or other high-intensity activities where the lens is likely to break. Plastic lenses can be coated with a variety of coatings to meet the needs of users. Optical lenses are optical components that concentrate or diverge light. Microscopes, binoculars, camera lenses, and telescopes are examples of optical lenses. Optical lenses are made of many materials, such as glass, polycarbonate, and plastic resins. Because of their multiple advantages and the increasing growth of optics-related industries, resin-based lenses are currently in the limelight. The Internet's widespread use has accelerated the adoption of mobile phones and televisions. As a result, an increasing number of people are experiencing vision issues and needing to utilise plastic lenses. These lenses feature a wide range of practical qualities, such as little distortion, shatter resistance, and strong breaking resistance, which has increased their popularity and demand significantly. Key Players • Appasamy Ocular Devices Pvt. Ltd. • Bausch & Lomb India Pvt. Ltd. • Eagle Optics Pvt. Ltd. • Essilor India Pvt. Ltd. • G K B Hi-Tech Lenses Pvt. Ltd.
Plant capacity: 20,000 Pairs per dayPlant & machinery: 10.27 Cr
Working capital: N/AT.C.I: Cost of Project: 14.73 Cr
Return: 25.00%Break even: 44.00%
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Manufacturing Business of Plastic Optical Lenses

Traditional glass lenses can be replaced by plastic optical lenses. They're constructed of an inert, pliable polymer that allows you to design frames that don't distort your eyesight or disrupt your eye socket's natural shape. Because they're so light, you won't even notice you're wearing them! Optical lenses are light-focusing or diverging optical components that focus or diverge light. Optical lenses are used in a variety of fields, such as life sciences, photography, industry, and defence. The profile or substrate of a lens affects how light flows through it. A lens is a refractory transmissive optical device that alters the focal length of a light beam. A simple lens is made up of a single piece of material, whereas a compound lens is made up of numerous simple lenses (elements) connected by a common axis. Lenses are made of transparent materials that have been ground and polished into the right shape, such as glass. The great majority of lenses are spherical, with two sphere sections on each surface. Convex (bulging outwards from the lens), concave (depressed into the lens), or planar (no bulging outwardly from the lens) surfaces are possible (flat). The lens axis is the line that connects the centres of the spheres that make up the lens surfaces. A magnifying glass is a frame that contains a single convex lens and a handle or stand. Myopia, hyperopia, presbyopia, and astigmatism, among other vision abnormalities, can be treated using lenses. Monoculars, binoculars, telescopes, microscopes, cameras, and projectors are some of the additional applications. When used on the human eye, some of these instruments provide a simulated image; others create a real image that may be captured on photographic film or an optical sensor, or displayed on a screen. The Abbe number refers to a lens's dispersion, which is the property most closely linked to its optical performance of all its properties. Lower Abbe numbers imply chromatic aberration (colour fringes above/below or to the left/right of a high contrast object), which is more common in larger diameter lenses with stronger prescriptions (4D or greater). Lower Abbe numbers are an inherent characteristic of mid and higher index lenses, regardless of the material employed. The Abbe number for a material at a specific refractive index formulation is called the Abbe value. So far, glass lenses have been employed in a wide range of applications. As a result of its brittleness and susceptibility to deterioration, plastic lenses have developed and grown in popularity. Plastic lenses beat glass lenses in terms of UV resistance, durability, and safety for use in sports or other high-intensity activities where the lens is likely to break. Plastic lenses can be coated with a variety of coatings to meet the needs of users. Optical lenses are optical components that concentrate or diverge light. Microscopes, binoculars, camera lenses, and telescopes are examples of optical lenses. Optical lenses are made of many materials, such as glass, polycarbonate, and plastic resins. Because of their multiple advantages and the increasing growth of optics-related industries, resin-based lenses are currently in the limelight. The Internet's widespread use has accelerated the adoption of mobile phones and televisions. As a result, an increasing number of people are experiencing vision issues and needing to utilise plastic lenses. These lenses feature a wide range of practical qualities, such as little distortion, shatter resistance, and strong breaking resistance, which has increased their popularity and demand significantly. Key Players • Appasamy Ocular Devices Pvt. Ltd. • Bausch & Lomb India Pvt. Ltd. • Eagle Optics Pvt. Ltd. • Essilor India Pvt. Ltd. • G K B Hi-Tech Lenses Pvt. Ltd.
Plant capacity: 20,000 Pairs per dayPlant & machinery: 10.27 Cr
Working capital: N/AT.C.I: Cost of Project: 14.73 Cr
Return: 25.00%Break even: 44.00%
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Recycling of Lithium Ion Battery Business

The popularity of smart phones and tablets has resulted in a significant increase in the demand for lithium ion batteries in recent years. Because these gadgets contain hazardous elements that must be properly disposed of to avoid contamination of the environment, it is now more important than ever to recycle these batteries. Most commercial lithium ion batteries contain transition metal oxides or phosphates, aluminium, copper, graphite, organic electrolytes containing poisonous lithium salts, and other chemicals. As a result, an increasing number of scientists are concentrating their efforts on the recycling and repurposing of spent lithium ion batteries. However, recycling expended lithium ion batteries is difficult due to their high energy density, greater safety, and low cost. Lithium-ion batteries are becoming increasingly popular. Cell phones, computers, consumer gadgets, and certain industrial applications already use them. They're used in telecom towers, solar storage systems, and electric automobiles. Lithium-ion batteries should be recycled for a variety of reasons, according to battery experts and environmentalists. The recovered materials might be utilised to build new batteries, cutting production costs. These components now account for more than half of the cost of a battery. The most expensive components of the cathode, cobalt and nickel, have seen significant price changes in recent years. The removal of any plastic, rubber, or metal pieces is the first stage in recycling a lithium ion battery. These parts are sold as raw materials after being separated from the remainder of the waste stream. The next stage is to separate all metals, which is usually done by electrolysis, which produces an acid solution that dissolves metals while leaving the bulk of other components behind. Batteries can be dismantled into groups of similar materials and reused without any additional processing. Cobalt and nickel, for example, could be employed in new batteries or as semiconductor components. Steel is created from manganese and iron, and aluminium is delivered to aluminium smelters. Despite the fact that chromium is infrequently recovered for use in steel manufacturing, it is most commonly used as a high-purity alloying agent. Lithium waste does not react with other chemicals, thus it can be disposed of properly in landfills or resold to manufacturers who will reuse it after separation. India's lithium-ion battery sector is expected to grow quickly over the next five years. One of the primary steps taken by the Indian government to drive the growth of this sector is the National Electric Mobility Mission Plan 2020, which forecasts 6-7 million electric vehicles on Indian roads by 2020 and a target of 175 GW renewable energy installation by 2022. India's annual lithium-ion battery market is expected to increase at a 37.5 percent compound annual growth rate (CAGR) from now until 2030, when it would reach 132 GWh, according to projections. By 2030, the market for lithium-ion batteries will have grown from 2.9 gigawatt-hours in 2018 to around 800 gigawatt-hours. India's goal to transition from fossil fuel-based vehicles to electric vehicles (EVs) would drive up demand for batteries in the coming years. The lithium-ion battery (LiB) is now the most suitable alternative among the various existing battery technologies. With today's recycling technology, valuable metals including cobalt, nickel, manganese, lithium, graphite, and aluminium can be recovered up to 90%. These make up around 50-60% of the total battery cost, with cobalt being the most expensive.
Plant capacity: Copper: 1.4 MT Per Day | Aluminium: 0.8 MT Per Day | Graphite: 1.8 MT Per Day | Carbon Black: 0.3 MT Per Day | Lithium Cobalt Oxide: 2.5 MT Per Day | Plastic: 0.2 MT Per DayPlant & machinery: 200 Lakhs
Working capital: N/AT.C.I: Cost of Project: 422 Lakhs
Return: 27.00%Break even: 55.00%
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Start Bamboo Fiber & Yarn Manufacturing Business

Bamboo is a member of the Gramineae family, which includes over 90 genera and 1200 species. Bamboo is indigenous to the tropical and subtropical regions between 46° north and 47° south latitude in Africa, Asia, Central America, and South America. Several species from Europe and North America may also be able to thrive in moderately temperate climates. Bamboo is a plant that can grow in a variety of climates and soil types. Bamboo is a type of agroforestry crop that can be grown on terrain that isn't ideal for farming or forestry. Because the culms are hollow, they are light and may be collected and moved without the necessity of special equipment or trucks, unlike wood. It quickly separates for weaving, making it easy to handle for men and women alike. Bamboo is commonly planted on farms outside of the forest, where it is easier to handle. Processing typically does not necessitate highly specialised labour or unique expertise, and it can be started at a low cost by rural poor people. Bamboo's popularity and trade have grown in recent years. Bathrobes • Towels • Bedclothes • T-shirts • Socks • Sweaters • Summer Clothing • Mats • Curtains are all made of bamboo fibre yarn. Certain varieties can reach a height of one metre every day. Bamboo grass can be as small as one foot (30 cm) tall or as large as 100 feet tall bamboo wood plants (30 meters). Bamboo plants grow on every continent and are economically and culturally significant. Bamboo fibre and yarn are created from bamboo plants, which are grasses that thrive in tropical climates around the world. Bamboo fibre and yarn are gaining popularity because of their environmental friendliness, durability, softness, and washability, as well as their antibacterial characteristics. Bamboo fibre and yarn, on the other hand, must be processed extensively before being utilised. Bamboo fibre and yarn are created from bamboo plants, which are grasses that thrive in tropical climates around the world. Bamboo fibre and yarn are gaining popularity because of their environmental friendliness, durability, softness, and washability, as well as their antibacterial characteristics. Bamboo fibre is made from the stalks of bamboo plants, which can be found in tropical and subtropical areas all over the world. Textiles made from these stalks have been woven in Asia for thousands of years, dating back to the Han Dynasty (200 BC-AD 200), but the rest of the world has only recently discovered their beauty. Bamboo fibre is used in a variety of applications, including bathroom textiles, medicinal and hygienic clothes, bamboo fashion, and home furnishings. They are antifungal and antibacterial, have a flat surface, and are as thin as hairs. Despite growing concerns regarding its manufacturing volume, bamboo fibre demand is increasing as a result of a growing focus on environmentally friendly textile production. Increasing public awareness about environmental sustainability and conservation, as well as rising demand for natural fabrics, are expected to boost market demand throughout the forecast period. In the medium term, the usage of breakthrough eco-fiber production technologies such as enzyme technology, foam technology, and plasma technology is likely to bring up new prospects. The global Bamboo Fibers market was worth million US dollars in 2018 and is predicted to grow at a CAGR of between 2019 and 2025 to reach million US dollars by the end of 2025. Key Players • Amarjothi Spinning Mills Ltd. • Cheran Spinner Pvt. Ltd. • Gillanders Arbuthnot & Co. Ltd. • H P Cotton Textile Mills Ltd. • Lakshmi Mills Co. Ltd. • Wearit Global Ltd.
Plant capacity: 6,666 Kgs Per Day Plant & machinery: 273 Lakhs
Working capital: N/AT.C.I: Cost of Project: 725 Lakhs
Return: 26.00%Break even: 57.00%
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Start Printed Circuit Board (PCBs) Production Business

PCBs are used extensively in modern electronic products such as computers, telephones, televisions, and even smaller electronic devices such as smart watches and fitness trackers. Printed wiring boards (PWBs) are critical components that include a foundation board that supports all other parts and circuitry, as well as a patterned layer of electrical tracks printed on top. The four major components of a printed circuit board (PCB) are: • Substrate (optional): The substrate, which is usually constructed of fibreglass, is the first and most crucial phase. Fiberglass is employed in the PCB's core because it strengthens it and helps it withstand fracture. Consider the substrate to be the "skeleton" of the PCB. • Copper Layer: This layer can be copper foil or a full-on copper covering, depending on the board type. Regardless of which method is utilised, the copper's function is the same: it transmits electrical signals from the PCB to the brain and muscles, just like your nervous system. • Solder Mask: The solder mask, a polymer layer that protects the copper from short-circuiting when it comes into contact with the environment, is the third component of the PCB. The solder mask serves as the PCB's "skin" in this situation. • Silkscreen: The silkscreen is the final component on the circuit board. Part numbers, logos, symbols, switch settings, component reference, and test locations are commonly silkscreened on the component side of the board. The silkscreen is also referred to as Television sets, transistor sets, radios, amplifiers, ampligrams, stereo amplifiers, voltage stabilisers, calculators, communications equipment, power supply, public address equipment, computers, and defence and other research organisations all employ printed circuit boards. On today's PCBs, component connection leads are commonly in the shape of a little foot. As a result, they can be immediately soldered to the copper tracks and placed on the same side. This not only saves money by avoiding costly drilling and track hookups through the board, but it also allows for the use of surface mounting devices (SMDS), which are often smaller and potentially less expensive than their traditional counterparts and allow for significantly higher component packing density. Capacitors and resistors are the most common components found in SMD form. These are little rectangular blocks with metal caps on the ends that connect all of the interior electrodes. There are no cables connecting the components. PCBs can be found in practically every electronic product, from consumer electronics like PCs, tablets, cellphones, and gaming consoles to industrial and even high-tech items in the strategic and medical electronics industries. Given the importance of the PCB business in the electronics manufacturing ecosystem, an article titled 'How will the Indian PCB industry grow?' was published in the April 2016 issue of Electronics Bazaar, and included the perspectives of key industry stakeholders. The Indian market is unique in compared to the rest of the world. Because flexible circuits may reduce form factor and eliminate connectors, they are predicted to grow far faster in the worldwide market than rigid PCBs. Most Indian PCB producers, on the other hand, concentrate on single-sided, double-sided, and multi-layered PCBs with four to eight layers. The Indian electronics industry is one of the world's fastest expanding, with domestic manufacturing exceeding $100 billion and expected to reach $400 billion by 2022. As a result, the PCB industry will see significant growth. According to an ELCINA analysis, PCB consumption in the residential market is predicted to expand at a CAGR of 20.56 percent from 2015 to 2020, reaching over US$ 6 billion by 2020, up from US$ 2.38 billion currently. Key Players: • Akasaka Electronics Ltd. (2002) • Akasaka Electronics Ltd. • Amara Raja Electronics Ltd. • Ample Circuit Pvt. Ltd. • At & S India Pvt. Ltd. • B I T Mapper Integration Technologies Pvt. Ltd. • B L G Electronics Ltd.
Plant capacity: Multilayer High Density Interconnect PCBs: 40 SqMtrs. Per Day Multilayer Flex PCBs: 40 SqMtrs. Per Day | Multilayer High Power PCBs: 40 SqMtrs. Per DayPlant & machinery: 260 Lakhs
Working capital: N/AT.C.I: Cost of Project: 594 Lakhs
Return: 27.00%Break even: 58.00%
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Start Manufacturing Business of AAC Blocks from Silica Sand & Lime Stone Powder

The novel building material autoclaved aerated concrete (AAC) is employed in construction. It is both environmentally friendly and provides good insulation. Autoclaved aerated concrete (AAC), also known as autoclaved cellular concrete (ACC) or simply autoclaved concrete, is a high-strength material manufactured by injecting steam into wet, raw concrete mixes. The shape and size of the air-filled cells created by the aeration process may vary depending on how the concrete mix is prepared and placed in moulds prior to steam injection. Because of its adaptability, AAC can be used for floor slabs, wall panels, acoustic dividers, ceiling tiles, patio covers, and even furniture. Aerated concrete (AAC) is a complete building system consisting of panels and blocks that can be used in residential, commercial, and industrial structures. AAC is a green building material that is fire-resistant, thermally efficient, solid-structured, and simple to work with. AAC has a long history in the construction industry and has established itself as a significant participant. For about 40 years, our country has been creating aerated methods, and their technological abilities and equipment are continually improving. Autoclaved Aerated Concrete Blocks have a high strength-to-weight ratio, low thermal conductivity, temperature and humidity stability, and fire resistance. It can be used in larger construction units due to its low density, which is a considerable benefit in prefabrication. In multi-story structures, significant foundation load savings are realised. As a result, in some industrialised countries, it's becoming more popular as a walling unit. Residential, multistory buildings, commercial, and industrial developments can all benefit from AAC. Natural elements such as sand, lime, and water are used to create the items. These raw components are combined to create a substance with a significant number of air pores, which is known as aerated concrete. The stiff structure of calcium silicate hydrate and the fine holes (almost 70% of the product) give AAC its excellent material characteristics. "The construction industry's autoclaved aerated concrete sector is now through a substantial expansion cycle. Because customers are looking for lower pricing, the autoclaved aerated concrete industry must compete. Although AAC is not a new construction method, it is being employed in India for the first time. Autoclaved aerated concrete ("AAC") is one of many "green" or "environmentally friendly" building materials available today, however it is still relatively obscure in India. AAC is a type of lightweight prefabricated stone. Natural aerated concrete (AAC) is a type of aerated concrete that is utilised in a variety of commercial, industrial, and residential applications. By using less material and producing less waste and pollution, AAC saves time and money. Last year, the Indian government approved 100 percent foreign direct investment in integrated township development. After China, India is currently the second most popular FDI destination. This industry will benefit from a big and expanding middle class population of more than 300 million people, a changing lifestyle, lower living costs, and so on. As a result of industrialization, urbanisation, economic development, and people's rising expectations for improved quality of life, the Indian construction industry, which is an integral part of the economy and a conduit for a significant portion of the country's development investment, is poised for growth in the coming years. The volume of cement and AAC commodities provided to the broader Indian market in a given period is referred to as the market size of cement and AAC. As a result, supply rather than demand determines market size. Between 2020 and 2025, the global autoclaved aerated concrete (AAC) market is expected to increase at a CAGR of 6.0 percent, from USD 18.8 billion in 2020 to USD 25.2 billion in 2025. The market is being driven by increasing urbanisation and industrialization, infrastructural growth, higher demand for lightweight construction materials, expanding preferences for low-cost housing, and a growing focus on green and soundproof buildings. Because of increased demand for AAC blocks in both residential and non-residential enterprises, the blocks element is the largest and fastest-growing category. In addition to their insulating properties, AAC blocks have the advantage of being quick and easy to install, as the material can be routed, sanded, and cut to size on site. In terms of volume, non-residential is predicted to be the fastest-growing end-use industry in the AAC market in the next years. Aesthetics and functionality are the two most important factors to consider when designing a company organisation. AAC is the second most often used building material in the earth, after concrete. AAC is frequently produced in the form of blocks or panels. AAC blocks, unlike concrete masonry units, are solid and do not have moulded core holes. Key Players • Ashoka Pre-Con Pvt. Ltd. • Baliapatam Tiles & Business Ventures Ltd. • Biltech Building Elements Ltd. • Gannon Dunkerley & Co. Ltd. • H I L Ltd. • J K Lakshmi Cement Ltd. • Keltech Energies Ltd.
Plant capacity: 300 Cu.Mtres Per DayPlant & machinery: 600 Lakhs
Working capital: N/AT.C.I: Cost of Project: 1070 Lakhs
Return: 25.00%Break even: 51.00%
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Production Business of Glass Vials for Medicine (for Cosmetic & Other Injectable)

Glass vials are commonly used to package liquid medicines, elixirs, and other commodities that must be delivered in small quantities. Glass vial packaging is more convenient to use than plastic bottles or cardboard boxes, and it offers additional advantages such as safety, mobility, and other advantages. Vials are small glass containers that can be used to hold chemicals and food in addition to chilled medicine. To be effective, liquids, dry powders, and lyophilized substances in vials must be reconstituted before use. Because vials are the most frequent type of packaging for injectable medicines and vaccines, they are exposed to a wide variety of temperatures throughout their lives. Despite the availability of plastic vials, glass vials are extensively used in medicine to package liquids such as vaccinations and other medications. They're often packaged in brown bottles with screw-on caps, though some people prefer plastic vials to glass bottles because glass bottles can be harmful if dropped or damaged. Plastic or glass vials are commonly used in modern containers. They're commonly employed in medical and molecular biology applications to hold small amounts of liquid. Closure systems come in a variety of shapes and sizes, and they're all used on a regular basis. Screw vials (closed with a screw cap or dropper/pipette), lip vials (closed with a cork or plastic stopper), and crimp vials (closed with a cork or plastic stopper) are all examples of glass vials (closed with a rubber stopper and a metal cap). With plastic vials, other closure methods, such as 'hinge caps,' which snap shut when pressure is applied, can be used. Other names for them are flip-tops and snap caps. Vials are most commonly used in the medical field. They're utilised to organise diagnoses and specimens. Swabs are kept in tubes, which are similar to vials. In the criminal court system, forensic labs frequently use vials. The entomology division of the forensics division investigates insects and violent crimes. Killing jars are small jars used to collect and kill insects with minimal injury. In certain facilities, insects are raised from eggs kept in clear vials, allowing for more accurate monitoring of the growth process. Vials are also used by criminal investigators to try to keep crime scenes clean. Glass is still the ideal material for storing sensitive medications and injectables, and it's also used extensively in general laboratory applications. Glass shields medicines and formulations from light and moisture while allowing them to last a long time on the shelf. Glass transports some of the world's most precious liquids, from scorpion venom to insulin. Benefits of Glass Vial: The smooth, transparent surface of a glass vial allows you to visually evaluate the contents for contamination or degradation. One of the reasons why glass is the most commonly utilised container material for injectable liquids is because of this. Borosilicate glass is chemically inert, with the exception of a few acids, and will not react with other chemicals. As a result, you won't have to worry about your samples being damaged by borosilicate glass, and you can count on a lengthy shelf life. Due to its low coefficient of thermal expansion, borosilicate glass is less susceptible to thermal shock than other materials. Borosilicate glass is good for chromatography because of its characteristics. The India Glass Packaging Market is estimated to develop at a CAGR of 6.94 percent over the forecast period. Packaging manufacturing and production, as well as related enterprises, are only active in a few countries where packaging makes a significant contribution to GDP. The focus has shifted away from the country's glass packagers and toward the pharmaceutical industry. Vitamins, pharmaceuticals, and other goods stored in glass vials will not lose their aroma or taste since glass is nonporous. It decreases the possibility of evaporation or contamination from items trapped in the pores of a container. Glass is made from a variety of basic resources, including sand, and is reusable and sustainable. You can feel good about using glass vials because you're helping to save the environment. The Global Vials Market was valued at USD 3,200.2 million in 2021, and it is expected to increase at a CAGR of 6.8% over the next five years. North America is the largest market for vials. The Global Vials Market was valued at USD 3,200.2 million in 2021, and it is expected to increase at a CAGR of 6.8% over the next five years. Vials have been the standard packaging for drugs for many years and are expected to continue to be so in the future. India's pharmaceutical and biotechnology industries employ the world's second-largest workforce. The pharmaceutical business is predicted to grow in size during the next decade, according to the Indian Economic Survey 2021. The pharmaceutical market in the country is expected to grow from USD 41 billion in 2021 to USD 65 billion in 2024, and then to USD 120-130 billion by 2030. Key Players: • Elder Projects Ltd. • Haldyn Glass Ltd. • Hindusthan National Glass & Inds. Ltd. • Makcur Laboratories Ltd. • Nipro Tube Glass Pvt. Ltd. • S G D Pharma India Pvt. Ltd. • Schott Kaisha Pvt. Ltd.
Plant capacity: 2,00,000 Pcs Per DayPlant & machinery: 24 Cr
Working capital: N/AT.C.I: Cost of Project: 34 Cr
Return: 23.00%Break even: 53.00%
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Start Production Business of Micronutrient Fortified Energy Dense Food

Energy Dense Food with Micronutrient Fortification ensures that you obtain all of the critical micronutrients you need to stay healthy and eat well. Micronutrient Fortified Energy Dense Food adds vitamins A, C, B12, zinc, and iron to food and meals to give consumers the most nutritional options at every meal of the day. Deficits in one or more micronutrients, such as iron, zinc, and vitamin A, are common in low- and middle-income nations, putting millions of people's physical and mental health at danger. Fortification of foods is a low-cost method that has been shown to benefit health, the economy, and society. Food fortification has grown in popularity in LMICs over the last two decades for a variety of reasons, including increased urbanisation and rising household spending power, which has led to a greater reliance on processed foods by a larger proportion of the population. Iron insufficiency kills 0.8 million people per year (1.5 percent of all deaths), whereas vitamin A deficiency kills a similar number of people, resulting in a large number of lives lost. According to a large body of research, LSFF appears to have public health implications in both HICs and LMICs. According to a recent review of 50 trials in LMICs, iodine, folic acid, vitamin A, and iron fortification resulted in significant decreases in serious disease. Several country-level studies on the effect of food fortification on micronutrient status have yielded encouraging results. The market for micronutrient fortified foods is expected to grow at a CAGR of 6.1 percent from 2021 to 2026, reaching $172.4 million in 2020. Foods that have been supplemented with nutrients that aren't naturally present in them are known as fortified foods. These foods are designed to provide nutrition as well as health benefits. Calcium could be added to fruit juice extracts because vitamin D is commonly supplemented in milk. As a result of fortified food consumption, common nutrient-deficiency ailments such as rickets and pellagra have practically vanished, and this driver is propelling the fortified foods market forward over the projected period of 2021-2026. While mandatory food fortification has been used in high-income countries (HIC) to prevent micronutrient deficiencies since the 1920s in Europe and North America—when the first salt was iodized—it is still uncommon in LMICs, where food systems are failing to deliver nutritionally adequate diets due to the production and consumption of only a few major starchy food crops (maize, rice, wheat) with low micronutrient content and/or bioavailability.
Plant capacity: 1600 Kgs Per DayPlant & machinery: 23 Lakhs
Working capital: N/AT.C.I: Cost of Project: 56 Lakhs
Return: 28.00%Break even: 65.00%
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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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