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

Agro Based Industry: Project Opportunities in Uttar Pradesh

PROFILE:

Agro-based industry would mean any activity involved in cultivation, under controlled conditions of agricultural and horticultural crops, including floriculture and cultivation of vegetables and post-harvest operation on all fruits and vegetables. The development of agro-industries has assumed crucial importance in the economic planning and progress of the country. The agro industry is regarded as an extended arm of agriculture. The development of the agro industry can help stabilise and make agriculture more lucrative and create employment opportunities both at the production and marketing stages. The broad-based development of the agro-products industry will improve both the social and physical infrastructure of India.

RESOURCES:

Uttar Pradesh is a very fertile region and a major contributor to the national food grain stock. Partly this is due to the fertile regions of the Indo-Gangetic plain, and partly owing to irrigation measures such as the Ganga Canal. Lakhimpur Kheri is the largest sugar producing district in the country. It is also home to 78% of national livestock population. Uttar Pradesh is among the largest producers of agricultural commodities in the country. It produces 34 per cent of the total groundnut, 17.5 per cent of rapeseed, 8 per cent of fruits and 14 per cent of vegetables. It has the largest livestock in the country and its milk production is the highest in the country. It is the largest producer of sugarcane and ranks second in the manufacture of sugar. Uttar Pradesh, with its prosperity in the agricultural sector enabled the growth of allied industry like warehousing, cold storages and flourmills. At 2,659, food product manufacturing sector has the highest number of factories (19.5 per cent of the total) in the state.

GOVERNMENT POLICIES:

In India, agricultural trade policy is a part of a larger food and agriculture policy regime that seeks to maintain food self-sufficiency while providing income support to the agricultural sector and poor consumers. The Government of India (GOI) uses a variety of policy instruments in attempting to achieve these goals, including:

·         Domestic subsidies to inputs, outputs, transportation, storage, and consumption to reduce producer costs and consumer prices.

·         Border measures such as subsidies, tariffs, quotas, and non-tariff measures to protect domestic producers from import competition, manage domestic price levels, and guarantee domestic supply.

The National Policy on Agriculture seeks to actualise the vast untapped growth potential of Indian agriculture, strengthen rural infrastructure to support faster agricultural development, promote value addition, accelerate the growth of agro business, create employment in rural areas, secure a fair standard of living for the farmers and agricultural workers and their families, discourage migration to urban areas and face the challenges arising out of economic liberalization and globalisation. Over the next two decades, it aims to attain:

·         A growth rate in excess of 4 per cent per annum in the agriculture sector;

·         Growth that is based on efficient use of resources and conserves our soil, water and bio-diversity;

·         Growth with equity, i.e., growth which is widespread across regions and farmers;

·         Growth that is demand driven and caters to domestic markets and maximises benefits from exports of agricultural products in the face of the challenges arising from economic liberalization and globalisation;

·         Growth that is sustainable technologically, environmentally and economically.

The policy seeks to promote technically sound, economically viable, environmentally non-degrading, and socially acceptable use of country’s natural resources - land, water and genetic endowment to promote sustainable development of agriculture.

 

Live Stock: Project Opportunities in Uttar Pradesh

PROFILE:

Livestock sector plays a critical role in the welfare of India's rural population. Indian livestock industry represents major foods of animal origin: milk, eggs, chicken, goat meat and fish.  Beef and pork industries have a limited share in the market, as most Indians do not eat beef and pork. As far as feed is concerned poultry, cattle and aqua feeds have been developed in an organised way. The production regions of Bihar, Uttar Pradesh, Madhya Pradesh and coastal areas are rich in the production of animal feed due to high crop cultivation and industrial setups that give animal feed as the by product. Enormous growth opportunities and scope exist in the Indian livestock industry; all that is required is a right approach in an appropriate direction. No doubt, if the industry is tapped appropriately it can help India become a leader in milk and meat production in the years to come.

RESOURCES:

Uttar Pradesh supports about 15% of the country's total livestock population. Of its livestock in 1961, 15% were cattle, 21% buffaloes, 13% goats and 8% other livestock. Between 1951 and 1956 there was an overall increase of 14% in the livestock population. There are nearly eight lakh hectares of water area, including lakes, tanks, rivers, canals and streams. The fishing area is over two lakh hectares and more than 175 varieties of fish. Among them are rohu, hilsa, mahseer, mangar, snow trout and mirror carp. Uttar Pradesh milk co-operatives are contributing immensely to the Indian dairy industry, the highest milk producer in the world. The impact of Uttar Pradesh milk co-operatives can be ascertained from their role in the private and co-operative systems. With the launch of innovative technologies Uttar Pradesh is now being able to enhance their milk production acutely. The merging of the rural and the urban contribution to the dairy production in Uttar Pradesh forms the Uttar Pradesh milk co-operative union.

GOVERNMENT POLICIES:

The livestock sector has great but untapped potential to contribute to poverty alleviation and the achievement of the Millennium Development Goals.

·         Agricultural growth can be highly effective in reducing poverty as the largest share of the world’s poor live in rural areas.

·         Livestock provide food and income to the majority of the 1.2 billion people living on less than $1 per day.

·         Demand for livestock products is growing fast in developing countries, faster than demand for staple crops, and will continue to do so in the foreseeable future.

·          This demand growth can provide significant opportunities for many rural and peri-urban poor to increase returns from their livestock resources.

 

Textile Industry: Project Opportunities in Uttar Pradesh

PROFILE:

The Indian textile industry is one of the largest industries in the world. The textile industry in India is the largest provider of employment after agriculture. This industry is one of the earliest industries of India to come into being; it is presently the second biggest industry in the world after China. Over the years, this industry has proved to be the provider of the basic requirements of the people. The industry holds a vital place in the Indian economy as it makes a contribution of 14 % to the industrial production of the country and at the same time sums up 4% of the total GDP of India. Along with contributing to the Indian economic scenario in terms of employment, involvement in the industrial production, foreign revenues the textile industry of India also contributes to the global textile economy. It contributes to the global textile fiber and yarn production. The handlooms sector is the second largest employer in India providing employment to about 65 lakh persons. The sector represents the continuity of the age- old Indian heritage of hand weaving and reflects the socio cultural tradition of the weaving communities.

RESOURCES:

Total sales in textiles sector accounted for 12.3 per cent of the sales by industries in the state in 2003.Textile sector is one of the important traditional industries in the state. Uttar Pradesh has 58 spinning mills and a total of 74 textile mills in the non-SSI 12 sector. The state is known for its carpets & brassware products. Carpet weaving is one of the important crafts in Uttar Pradesh. UP produces about 90 per cent of the country’s carpets in and around Mirzapur, Bhadohi and Khamaria. These carpets are popular export items today. Hand woven carpets, brassware and leather products from the traditional export items from the state. Uttar Pradesh produces about 15 % of the total fabric of this country. handloom sector in Uttar Pradesh has near about 5.6 %  share of total weaving units in India, it employees 6.4 %  of the total number  Of workers and 6.6 % of the total numbers of weavers in this country. whereas each state in India is popular for one or two products, Uttar Pradesh is the only state which has a distinction of being able to offer the complete range of handloom products, viz– home furnishing, floor coverings, bed covers, bed sheets, dress material, towels, table linen and a vast range of woven and printed sarees made of cotton and silk and many more items. The element of art and craft present in Uttar Pradesh makes it a potential sector for upper segments of the market both in India as well as globally.

GOVERNMENT POLICIES:

The Ministry of Textiles in India has formulated numerous policies and schemes for the development of the textile industry in India. The government of India has been following a policy of promoting and encouraging the handloom sector through a number of programmes. Most of the schematic interventions of the government of India in the ninth and tenth plan period have been through the state agencies and co-operative societies in the handloom industries. Some of the major acts relating to textile industry include: Central Silk Board Act, 1948, The Textiles Committee Act, 1963, The Handlooms Act, 1985, Cotton Control Order, 1986, The Textile Undertakings Act, 1995Government of India is earnestly trying to provide all the relevant facilities for the textile industry to utilize its full potential and achieve the target. The textile industry is presently experiencing an average annual growth rate of 9-10% and is expected to grow at a rate of 16% in value, which will eventually reach the target of US $ 115 billion by 2012. The clothing and apparel sector are expected to grow at a rate of 21 %t in value terms.

 

Tourism: Project Opportunities in Uttar Pradesh

PROFILE:

India’s tourism industry is experiencing a strong period of growth, driven by the burgeoning Indian middle class, growth in high spending foreign tourists, and coordinated government campaigns to promote ‘Incredible India’. Tourism in India is the largest service industry, with a contribution of 6.23% to the national GDP and 8.78% of the total employment in India. In 2010, 25.8 million foreign tourists visited India. India is expected to increase to 9.4% annual growth rate till 2018. Andhra Pradesh, Uttar Pradesh, Tamil Nadu and Maharashtra received the big share of these visitors. Ministry of Tourism is the nodal agency to formulate national policies and programmes for the development and promotion of tourism. Uttar Pradesh is India's most populous state with a population of over 190 million people. It is divided into 70 districts with Lucknow as its capital. Uttar Pradesh is bounded by Nepal on the North, Himachal Pradesh on the northwest, Madhya Pradesh on the south, Haryana on the west, Rajasthan on the southwest, and Bihar on the east.

RESOURCES:

Uttar Pradesh is the historical heart land of India, where each part of the state is attached with ancient history, civilization, religions and culture. Uttar Pradesh is situated in the northern part of India, border with the capital of India New Delhi. Uttar Pradesh is the most popular tourist destination in India. Uttar Pradesh is important with its wealth of historical monuments and religious fervour. Geographically, Uttar Pradesh is very diverse, with Himalayan foothills in the extreme north and the Gangetic Plain in the centre. It is also home of India's most visited site, the Taj Mahal, and Hinduism's holiest city, Varanasi. The most populous state of the Indian Union also has a rich cultural heritage. Kathak one of the eight forms of Indian classical dances, originated from Uttar Pradesh. Uttar Pradesh is at the heart of India, so popular with another name The Heartland of India. Cuisines of Uttar Pradesh like Awadhi cuisine, Mughlai cuisine, Kumauni cuisine are very famous in entire India and abroad. Uttar Pradesh is India's most populous state with a population of over 190 million people. It is divided into 70 districts with Lucknow as its capital. Uttar Pradesh is bounded by Nepal on the North, Himachal Pradesh on the northwest, Madhya Pradesh on the south, Haryana on the west, Rajasthan on the southwest, and Bihar on the east.

GOVERNMENT POLICIES:

The Government of India and a number of other states have declared tourism as an industry. Gujarat State which is at the forefront of the industrial development will also declare tourism as an industry. the Government of India announced a New Tourism Policy to give boost to the tourism sector. The policy is built around the 7-S Mantra of Swaagat (welcome), Soochanaa (information), Suvidhaa (facilitation), Surakshaa (security), Sahyog (cooperation), Sanrachnaa (infrastructure) and Safaai (cleanliness). Some of the salient features of the Tourism Policy are:

·         The policy proposes the inclusion of tourism in the concurrent list of the Constitution to enable both the central and state governments to participate in the development of the sector.

·         No approval required for foreign equity of up to 51 per cent in tourism projects. NRI investment up to 100% allowed.

·         Automatic approval for Technology agreements in the hotel industry, subject to the fulfilment of certain specified parameters.

·         Concession rates on customs duty of 25% for goods that are required for initial setting up, or for substantial expansion of hotels.

·         50% of profits derived by hotels, travel agents and tour operators in foreign exchange are exempt from income tax. The remaining profits are also exempt if reinvested in a tourism related project.

 

 

Waste management: Project Opportunities in Uttar Pradesh

PROFILE:

Waste utilization, recycling and reuse plays a major role in limiting resource consumption and the environmental impact of waste. Recycling is an integral part of any waste management system as it represents a key utilization alternative to reuse and energy recovery (Waste-to-Energy). Which option is ultimately chosen depends on the quality, purity and the market situation. Hazardous waste management is a new concept for most of the Asian countries including India. The lack of technical and financial resources and the regulatory control for the management of hazardous wastes in the past had led to the unscientific disposal of hazardous wastes in India, which posed serious risks to human, animal and plant life.

RESOURCES:

The city of Lucknow in Uttar Pradesh produces around 1500 tons of solid waste every day. The municipal workers collect around 1100 tons every day. The municipal solid waste (MSW) is disposed of haphazardly in open dumps. With growing pressure on land due to increasing population it is increasingly difficult for Lucknow Nagar Nigam (LNN) to locate new disposal sites. In order to overcome this difficulty the LNN has entered into a contract with a company to process MSW generated in the city and to generate power and organic manure from it.

GOVERNMENT POLICIES:

Government of Uttar Pradesh proposes development of Integrated Municipal Solid Waste Management Project (IMSWMP) For Agra, Uttar Pradesh. UP Awas Bandhu is the nodal agency for the project. The Project has been conceptualized as an Integrated Municipal Solid Waste Management Project comprising of the following facilities:

·         Collection of waste from individual households and its segregation into Bio-degradable and Non-biodegradable wastes.

·         Construction, Operation & Maintenance of MSW Transfer stations including Secondary transportation of waste from the transfer stations to the Treatment and Disposal facilities.

·         Development, Operation & Maintenance of Processing Facility with compost plant and any other suitable plant such as RDF, etc.

·         Development, Operation & Maintenance of Sanitary Landfill Facility including Closure of the Existing Dumpsite.

·         Setting up STPs as required beyond those proposed in JNNURM

·         O&M of all existing STPs and those to be setup by PPP development and also under JNNURM as required.

·         Any other activity needed as part of Integrated Solid Waste Management Project.

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Caustic Soda Flakes from Sea Water

Caustic soda flakes (technical sodium hydroxide flakes) – flake mass of white color, very hygroscopic, very soluble in water and alcohol. The formula is NaOH. Technical sodium hydroxide flakes are obtained by evaporating of liquid caustic soda ? grade. Caustic Soda Flakes is a flexible fundamental synthetic with an extensive variety of mechanical applications. It is exceedingly insolvable is water and is for all the insoluble in most natural solvents with exception of alcohols. Caustic Soda Flakes is available in the form of lye (solution in water), as strong and as pieces. Caustic Soda Flakes is an inorganic concoction compound having a place with the gathering of the most grounded alkalies, it is profoundly hygroscopic and solvent in water and alcohols. The global caustic soda market was valued at 78,833.08 kilotons in 2017 and is expected to grow at a CAGR of approximately 5.15% during the forecast period (2018 - 2023). The market is mainly driven by the growing demand from the chemicals industry, the rising demand for alumina in the automotive industry, and the increasing demand for paper and paperboards. On the flipside, energy-intensive production process is expected to hinder market growth. The global caustic soda market is segmented as the type, application and region. On the basis of type, caustic soda market is segmented as lye, flake and others. On the basis of application, market is segmented as inorganic chemical, organic chemical, alumina, soap & detergents, pulp & paper, water treatment, textiles, dye & ink and others. Based on the region, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
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Naphthalene from Coal Tar & Petroleum Waste

Naphthalene is an organic compound with formula C10H8. It is the simplest polycyclic aromatic hydrocarbon, and is a white crystalline solid with a characteristic odor that is detectable at concentrations as low as 0.08 ppm by mass. As an aromatic hydrocarbon, naphthalene's structure consists of a fused pair of benzene rings. It is best known as the main ingredient of traditional mothballs. Naphthalene is the most abundant single constituent of coal tar, a volatile product from the destructive distillation of coal, and is also formed in modern processes for the high-temperature cracking (breaking up of large molecules) of petroleum. It is commercially produced by crystallization from the intermediate fraction of condensed coal tar and from the heavier fraction of cracked petroleum. The substance crystallizes in lustrous white plates, melting at 80.1°C (176.2°F) and boiling at 218°C (424°F). It is almost insoluble in water. Naphthalene is highly volatile and has a characteristic odour; it has been used as moth repellent. Naphthalene is a class of an organic compound with chemical formula C10H8. It is considered as the simplest polycyclic aromatic hydrocarbon, and is a white solid chemical that sublimes easily. Naphthalene is manufactured commercially from either coal tar or petroleum; majorly it is produced from coal tar across the globe. Naphthalene is used in the manufacturing of phthalic anhydride and also used in mothballs. Additionally, it is used as surfactant & wetting agent, plasticizer, and pesticide in numerous end use industries such as building & construction, agriculture, household cleaning, textile and others. The global naphthalene market is categorized into five regions, Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. The Asia Pacific region is predicted to grow with the fastest CAGR during the review period, (2016 to 2023) on account of expansion of numerous end use industries such as building & construction and agriculture among others.
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Solder Flux

Flux in the smelting of copper these agents served various functions, the simplest being a reducing agent, which prevented oxides from forming on the surface of the molten metal, while others absorbed impurities into the slag, which could be scraped off the molten metal. As cleaning agents, fluxes facilitate soldering, brazing, and welding by removing oxidation from the metals to be joined. The global market for solder flux is estimated to swell at a CAGR of 6.30% between 2017 and 2024. Rising at this pace, the market will reach US$367.3 million by 2024 from US$213.2 million in 2015. The global market for solder flux is heavily influenced by the sturdy rise in the manufacturing of printed circuit board (PCB), fueled by the increasing production of computers and mobile phones across the world. The significant growth in the automotive and the semiconductor industries is also having a positive impact on the sales of solder flux, reflecting positively on this market. The global solder flux market is majorly impacted in a positive way by the strong increase in the PCB (printed circuit board) manufacturing, boosted by the growing mobile phones and computers production all around the world. Also, a noteworthy growth in the automotive and the semiconductor sectors is positively impacting the solder flux sales, thus enhancing the growth of the global solder flux market.
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Phosphoric Acid from Rock Phosphate (By Using 25% Venyl Sulphon Content Sulphuric Acid and Hydrochloric Acid)

Phosphoric acid (also known as orthophosphoric acid or phosphoric (V) acid) is a weak acid with the chemical formula H3PO4. Orthophosphoric acid refers to phosphoric acid, which is the IUPAC name for this compound. The prefix ortho- is used to distinguish the acid from related phosphoric acids, called polyphosphoric acids. Orthophosphoric acid is a non-toxic acid, which, when pure, is a solid at room temperature and pressure. The demand for phosphoric acid is primarily driven by the increasing demand for the production of phosphate fertilizers, which is closely related to the growing population worldwide. The global phosphoric acid market was valued at US$ 13,399.62 Mn in 2017 and is anticipated to register a stable CAGR of 3.0% from 2018 to 2026. The global phosphoric acid market is driven by rise in the demand for phosphate fertilizers. Phosphoric acid and its phosphate by-products can be used for sequestration of metal ions along with precipitation, pH control, nutrient source, scale inhibition, water fluoridation, lead precipitation agent, corrosion inhibitor, acidity regulator, synergy with surfactants, alkalizing capacity, dispersing agent, buffer agent, and softening and complexion agent. Phosphoric acid can be classified according to its use in metal treatment industry and detergents industry. India phosphoric acid market was dominated by fertilizer grade in 2015, and the segment is forecast to continue its dominance in the coming years, on account of large quantities of phosphoric acid required for production of phosphate fertilizers. West India accounted for the largest share in the country’s phosphoric acid market in 2015, and the region is expected to remain the largest consumer through 2021, predominantly owing to presence of major fertilizer manufacturing industries in Gujarat and Maharashtra.
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Nitric Acid (60%) from Ammonia

Nitric acid is the primary reagent used for nitration – the addition of a nitro group, typically to an organic molecule. While some resulting nitro compounds are shock- and thermally-sensitive explosives, a few are stable enough to be used in munitions and demolition, while others are still more stable and used as pigments in inks and dyes. Nitric acid is also commonly used as a strong oxidizing agent. Nitric acid is made by the reaction of nitrogen dioxide (NO2) with water. Normally, the nitric oxide produced by the reaction is re-oxidized by the oxygen in air to produce additional nitrogen dioxide. Adding sulfuric acid to a nitrate salt and heating the mixture with an oil bath can make almost pure nitric acid. A condenser is used to condense the nitric acid fumes that bubble out of the solution. The global nitric acid market size is expected to reach USD 14.0 billion by 2022, progressing at a CAGR of 1.8% during the forecast period. Flourishing agriculture industry and surging demand for fertilizers are among the key trends escalating market growth. Nitric Acid Market is expected to observe a surge in demand due to growing application in production of various chemicals including calcium ammonium nitrate, ammonium nitrate, toluene di isocyanate, adipic solutions and nitrobenzene, especially used in fertilizers, pharmaceuticals, polyurethanes and other end use industries. In addition, rising need in various chemical industries including elastomers, polyurethane foams and coatings coupled with elastomers, foam plastics, floor & wood finishes, polyurethane foam coated fabrics and different insulation materials is anticipated to boost nitric acid market growth in the forecasted period. Nitric acid is one of the world’s largest commodity chemicals. It is used predominantly as an intermediate for fertilizer production (primarily ammonium and calcium ammonium nitrate) and for the production of nitro-containing organic intermediates. The market for nitric acid was mainly driven by fertilizer industry. Nitric acid is used in manufacturing of ammonium nitrate and calcium ammonium nitrate which finds application in fertilizers. Ammonium nitrate is also used in manufacturing of urea
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Utensil Cleaning Bar

Utensil-cleaning products are formulations in powder, bar, paste or liquid form, containing a cleansing agent like synthetic detergent, soap, SLS, etc., along with powdered, mildly abrasive materials (optional in case of liquid). These are used primarily for cleaning of utensils and crockery, and secondarily for kitchen shelf and basin or even cooker tops, etc., where cleansing is affected by the combined action of detergency and scrubbing. In utensil cleaning category, dishwashing bars dominate market revenues, followed by liquid cleaners whereas dishwashing paste has negligible contribution. Consumers in urban areas are now upgrading to dishwashing liquids which are expected to register robust growth in the forecast period. Powder based utensil cleaners are now set to diminish from the market. The surface cleaning market is growing mainly because of rising awareness about brands due to heavy promotion by leading companies.
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Superplasticizer

Superplasticizers, also known as high range water reducers, are chemical admixtures used where well-dispersed particle suspension is required. These polymers are used as dispersants to avoid particle segregation (gravel, coarse and fine sands), and to improve the flow characteristics (theology) of suspensions such as in concrete applications. Their addition to concrete or mortar allows the reduction of the water to cement ratio without negatively affecting the workability of the mixture, and enables the production of self-consolidating concrete and high performance concrete. Another benefit of superplasticizers is concrete early strength enhancement (50 to 75%). The initial setting time may be accelerated up to an hour earlier or retarded to be an hour later according to its chemical reaction. The use of superplasticizers does not significantly affect surface tension of water and does not entrain a significant amount of air. The main disadvantage of superplasticizer usage is loss of workability as a result of rapid slump loss and incompatibility of cement and superplasticizers. The global superplasticizer market is expected to register a moderate CAGR during the forecast period (2018-2023). Superplasticizer is a chemical admixture used where well-dispersed particle suspension is required. These polymers are used as a type of dispersants to improve the flow characteristics of suspensions and avoid particle segregation in concrete applications. Asia-Pacific is expected to have the highest CAGR followed by Middle-East & Africa during the forecast period, while North America accounted the largest share of the market in 2017. Superplasticizer market is the widening application scope of concrete superplasticizers. Furthermore, the ongoing research and development projects to enhance the efficiency of the construction industry is expected to bode well for the growth of the global concrete superplasticizer market. Owing to factors such as mounting population and the need for efficient infrastructure to accommodate the rising population, the construction industry has received a shot in the arm. As a result of this, the demand for concrete superplasticizers is anticipated to intensify over the consecutive years.
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Empty Gelatin Capsules

Gelatin capsules, informally called gel caps or gelcaps, are composed of gelatin manufactured from the collagen of animal skin or bone. Capsules offer a viable alternative to tablets as an oral delivery of therapeutic compounds. Empty capsules are oral dosage forms, which based on the type of manufacturing material, come in variety of sizes and colors such as pearl capsules and flavored capsules. There are various types of capsules such as soft gelatin capsules, hard gelatin capsules, sustained release capsules, enteric coated capsules, and rectal capsules. Soft and hard gelatin capsules are widely used empty capsules. Empty capsules are available in five sizes, which includes 00, 0, 1, 2, and 3 and each sized capsule can hold different quantity of active pharmaceutical ingredients. These capsules are differentiated on the basis of the amount of active pharmaceutical ingredient they can hold. For instance, 0 sized capsule can hold up to 500 mg and 3 holds about 200 mg of active pharmaceutical ingredient. Gelatin is widely used in the empty capsules market due to its softness, lack of a notable odor or taste, and stability across a wide temperature range. However, growing opposition to animal-derived gelatin in economically crucial markets such as India, where vegetarianism is the norm, is likely to lead to significant product development in the global empty capsules market in the coming years. The global empty capsules market is projected to reach USD 2.79 billion by 2023 from USD 1.95 billion in 2018, at a CAGR of 7.4%. The growing adoption of capsule formulations among the growing geriatric population, growth of the pharmaceutical market along with the increasing R&D activities & clinical trials, and advancements in capsule delivery technologies are some of the major factors driving the growth of the market. The empty capsules market is a key part of the global pharmaceutical industry and is likely to exhibit steady growth in the coming years due to the rapid proliferation of the pharmaceuticals sector in developing regions. Empty capsules present the perfect way to deliver medication of various kinds, which has imparted them universal utility across the pharmaceuticals industry and the upward trajectory of all aspects of the healthcare sector is likely to remain a vital driver for the market in the coming years. The demand for capsules is growing on account of the mounting consumption of medicines worldwide. This trend augurs well for the global empty capsules market, where growth has thus far been driven by the demand for both nongelatin and hard gelatin capsules. The changing demographics of the world have necessitated the greater production of medicines to treat various kinds of diseases. Capsules, being among the most versatile forms of administering drug doses, are thus expected to be consumed in larger volumes over the next few years.
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Graphite Crucible

The Graphite Crucibles are designed to melt metals such as gold, silver, copper, and aluminum. Graphite crucible can withstand the high temperature, and has good resistance to chemical erosions and thermal shock. Especially graphite crucible is ideal for the melting of aluminum, copper and other metals. The modern crucible is a highly heterogeneous, graphite-based composite material, which relies on its material composition and control of the graphite’s structural alignment to achieve the performance required. Crucibles are used in fuel–fired furnaces, in electric resistance furnaces, in induction furnaces or simply to transfer molten metal. They come with or without pouring spouts and in a wide variety of traditional and specialized shapes.
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Silicone Sealant

Silicone sealant is a liquid form of adhesive. Typically, it looks, feels, and acts like a gel. It has a different chemical make-up from other organic polymer-based adhesives. Unlike other adhesives, silicone keeps its elasticity and stability in both high and low temperatures. Furthermore, silicone sealant is resistant to other chemicals, moisture, and weathering. This makes it less likely to fail when building and repairing objects. Properties such as excellent thermal & weather stability, oxidation & ozone resistance, physiological inertness, high gas permeability and extreme low temperature flexibility favor silicone sealants to cater end-use industries such as construction, automotive and packaging. The increasing number of environmental concerns linked to synthetic sealants and adhesives has pushed the manufacturers to focus more on the bio-based alternatives and the development of these products. Polyurethane and silicone sealants have so far accounted for the top spots in terms of volume consumed. The silicone sealants are consumed for various applications ranging from common bath tub sealing to high end automotive component sealing. Use of silicone sealants in automotive to reduce the vehicle weight by using sealants rather than welding of the various components is anticipated to fuel the market growth. In developing regions the rapid urbanization has resulted in extension and upsurge in construction industries, which ultimately drives the global silicone sealants market. The global silicone sealants market is expected to reach USD 3.50 billion by 2024, according to a new report by Grand View Research, Inc. The product is increasingly substituting various organic sealants and adhesives in construction, insulating glass, automotive, and industrial applications owing to their chemical characteristics including resistance to chemicals and corrosion and physical properties such as water repelling and elongation.
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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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About NIIR PROJECT CONSULTANCY SERVICES

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

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

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

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