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

Agro and Food Processing: Project Opportunities in Uttarakhand

PROFILE:

Food processing involves any type of value addition to agricultural or horticultural produce and also includes processes such as grading, sorting and packaging which enhance shelf life of food products. The food processing industry provides vital linkages and synergies between industry and agriculture. The Food Processing Industry sector in India is one of the largest in terms of production, consumption, export and growth prospects. The government has accorded it a high priority, with a number of fiscal reliefs and incentives, to encourage commercialization and value addition to agricultural produce, for minimizing pre/post harvest wastage, generating employment and export growth. India's food processing sector covers a wide range of products fruit and vegetables; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products, Soya-based products, mineral water, high protein foods etc.

RESOURCES:

Uttarakhand comprises of total are 5672568 Hectares, of which forest area is 3485847 hectares. Fruits such as apples, oranges, pear, grapes peach, plum apricot, litchi, mangoes and guava are widely grown in the state and therefore have immense potential for development of horticultural crops and processing units. The State Government will assist in establishing small & medium size Agro Parks, Food Parks etc., which will provide common infrastructure facilities for storage, processing, grading and marketing, thus ensuring that surplus fruits and vegetables do not go waste as at present. Four Agri Export Zones have already been declared under the AEZ scheme of the Government of India for Litchi, Horticulture, Herbs, Medicinal Plants and Basmati Rice. Further, efforts will continue to promote production for export and provide access to domestic and export markets for products from the State.

GOVERNMENT POLICIES:

The Ministry of Food Processing Industries (MOFPI) is a ministry of the Government of India is responsible for formulation and administration of the rules and regulations and laws relating to food processing in India. The ministry was set up in the year 1988, with a view to develop a strong and vibrant food processing industry, to create increased employment in rural sector and enable farmers to reap the benefits of modern technology and to create a of surplus for exports and stimulating demand for processed food.

•        Custom duty rates have been substantially reduced on food processing plant and equipments, as well as on raw materials and intermediates, especially for export production.

•        Wide-ranging fiscal policy changes have been introduced progressively in food processing sector. Excise and Import duty rates have been reduced substantially. Many processed food items are totally exempt from excise duty.

•        Corporate taxes have been reduced and there is a shift towards market related interest rates. There are tax incentives for new manufacturing units for certain years, except for industries like beer, wine, aerated water using flavouring concentrates, confectionery, chocolates etc.

•        Indian currency, rupee, is now fully convertible on current account and convertibility on capital account with unified exchange rate mechanism is foreseen in coming years.

•        Repatriation of profits is freely permitted in many industries except for some, where there is an additional requirement of balancing the dividend payments through export earnings.

 

Biotechnology: Project Opportunities in Uttarakhand

PROFILE

The Biotechnology sector in India is one of the fastest growing sectors of the Indian Economy. As the sector is mainly based on knowledge, it is expected that it will play an important part in shaping the Indian Economy, which is developing at a rapid pace. The Indian Biotechnology sector holds immense potential in terms of research and development, skill and cost effectiveness. As per the eight annual survey by the Association of Biotechnology-led enterprise (ABLE) and a monthly journal, Bio-Spectrum, the sector grew threefold in five years and reported a revenue of US$ 3 billion during 2009-2011 with a 17 per cent rise as compared to the previous year.

RESOURCES

Uttarakhand is an ideal destination to invest in biotechnology-based industries because of several inherent advantages and being host to vast diversity of flora and fauna and rare species of plants and animals. A high-level biotechnology board is being setup to pursue initiatives in the field of research. The state will accord the units coming under this sector with the industry status and aims to establish an internationally competitive business infrastructure and environment for the industry in the state. Further, a biotechnology park is to be developed that will integrate resources and provide a focused institutional set up for accelerated commercial growth of bio-technology and bio-informatics. The Government is also in the process of creating an Exchange for Medicinal and Aromatic Plants to serve as a common platform for research institutions, technology developers and producers.

GOVERNMENT POLICIES:

The Uttarakhand Board of Biotechnology (UBB) will help the R&D Institutions of the State to seek funds from the national and international funding agencies / donors to upgrade the infrastructure facilities. Depending upon the need, UBB and the State Government will also try to fund R&D facilities through its own resources. The State Government undertakes to provide the following facilities/terms to the companies desirous of establishing BT units in the State:

•        BT Units including related R&D Units will enjoy the status of industry and will be eligible for incentives and concessions as provided for the relevant category/class of industry in the Industrial Policy of the State. For this purpose they shall be treated as Priority Sector Industry. Department of Biotechnology will provide The State Government undertakes to provide the following facilities/terms to the companies “single-window clearance” and shall issue only one application form to set up BT Units in the State.

•        The Government proposes to establish in association with private sector a BT Park initially at Halide, Pantnagar where land/plots would be made available to prospective entrepreneurs on favourable terms. The latter, however, are also free to choose their own sites or locate the same in the other established Industrial Areas in the State.

Hydropower: Project Opportunities in Uttarakhand

PROFILES:

Hydroelectricity is the term referring to electricity generated by hydropower; the production of electrical power through the use of the gravitational force of falling or flowing water. India was the 7th largest producer of hydroelectric power in 2008 after Norway: 114 TWh and 3.5 % the world total in 2008. The potential for hydroelectric power in India is one of the greatest in the world. Small hydropower offers a wide range of benefits-especially for rural areas and developing countries. The resource is environmentally responsible and has substantial economic advantages. Efforts also being made to improve the exchange of ideas and technology related to small hydropower. In India, small hydropower up to capacity of 25 MW also includes the mini-and-micro hydropower projects which are usually confined strictly to local use. A potential of over 15,000 MW has been identified from small hydropower and Government of India has been according top priority to SHP development as thrust area.

RESOURCES:

Uttarakhand has a large network of rivers and canals which provides an immense scope for hydro-power energy. In India, the development of Micro, Mini, and Small Hydro Power Projects started in the year 1897. One of the first hydro-power stations in India was commissioned at Galogi in 1907. More power stations were subsequently developed over a period of time. In Uttarakhand, the estimated capacity of Small hydro power projects is about 1500 MW out of total estimated capacity of 20,363 MW Uttaranchal has a hydropower potential of the order of 20236 MW against which only about 1407 MW has been harnessed so far.

GOVERNMENT POLICIES:

The Government of Uttaranchal (GoU) has decided to encourage generation of power through small hydropower sources of energy, and has framed a policy so that the development of this sector serves as an engine to achieve the objective of promoting the all-round development of the region. To encourage generation of hydropower the government of Uttarakhand has formulated and implemented policies with following objectives:

•        Creation of conducive conditions for encouraging private sector participation

•        Harnessing water resources in an environment friendly manner

•        Meeting the energy demand of the state/country

•        Promotion of the overall development of the region

•        Generation of revenue from hydro resources

 

Mineral: Project Opportunities in Uttarakhand

PROFILES:

A mineral is a naturally occurring solid chemical substance formed through biogeochemical processes, having characteristic chemical composition, highly ordered atomic structure, and specific physical properties. India is endowed with significant mineral resources. India produces 89 minerals out of which 4 are fuel minerals, 11 metallic, 52 non-metallic and 22 minor minerals.

RESOURCES:

Mineral resources of Uttarakhand play a significant role in the economy of Uttarakhand. The Chamoli district of Uttarakhand is especially famous for housing a number of mineral resources in Uttarakhand. The northern division of the district consist entirely of medium to high grade metamorphic rocks, which also contains bands of volcanic rocks in some areas; the southern division contains sedimentary and low-grade metamorphic rocks, with bands of volcanic rocks in some regions. Although much is not known about the geology of the first division of Chamoli, yet the mineral resources contain rocks such as quartzite, marble, and various types of schist and gneiss. The southern division contains rocks such as gneiss, limestone, phyllites, quartzite, sericite-biotite schist and slate.

Some of the important minerals that form a major part of the mineral resources of Uttarakhand are: Asbestos, Magnestic, Soapstone or Steatite, Copper, Iron, Graphite, Gold, Gypsum, Lead, Slate, Limestone, Building Stone, Sulfur, and Bitumen. Beside these major mineral resources, some of the other mineral resources of Uttarakhand also play a major role in enhancing the economy of Uttarakhand. Some of those mineral resources are: Antimony, Arsenic, Lignite or Brown Marble, Mica, Silver, etc.

GOVERNMENT POLICIES:

NATIONAL MINERAL POLICY, 2008

Keeping in view the long term national goals and perspective for exploitation of minerals, Government of India has revised its earlier National Mineral Policy, 1993 and came up with a new National Mineral Policy 2008. Basic goals of NMP 2008 are-

1.       Regional and detailed exploration using state of the art techniques in time bound manner.

2.       Zero waste mining

For achieving the above goals, important changes envisaged are:

•        Creation of improved regulatory environment to make it more conducive to investment and technology flows

•        Transparency in allocation of concessions

•        Preference for value addition

•        Development of proper inventory of resources and reserves

•        Enforcement of mining plans for adoption of proper mining methods and   optimum utilization of minerals 

•        Data filing requirements will be rigorously monitored

•        Old disused mining sites will be used for plantation or for other useful purposes.

•        Mining infrastructure will be upgraded through PPP initiatives

•        State PSU involved in mining sector will be modernized

•        State Directorate will be strengthened to enable it to regulate   mining in a proper way and to check illegal mining

•        There will be arms length distance between State agencies that mine  and those that regulate

•        Productivity and economics of mining operation, safety and health of workers and others will be encouraged.

Tourism: Project Opportunities in Uttarakhand

PROFILE:

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. The tourism industry in India is substantial and vibrant, and the country is fast becoming a major global destination. India’s travel and tourism industry is one of them most profitable industries in the country, and also credited with contributing a substantial amount of foreign exchange. Indian Tourism offers a potpourri of different cultures, traditions, festivals, and places of interest.

RESOURCES:

Uttarakhand - the land of gods, the home of Himalayas and truly a paradise on earth, allures everyone from everywhere. Uttarakhand is paradise for different types of adventure activities. Like River Rafting, Trekking, Skiing, Camping, Rock Climbing, Rappelling, River Crossing. Mountaineering, Paragliding and Hot Ballooning make Uttarakhand one of the most attractive destinations for adventure sports not only in the India but the world. Gangotri and Yamunotri, the sources of both the Ganges and Yamuna fall in the upper reaches of the state and together with Badrinath (dedicated to Vishnu) and Kedarnath (dedicated to Shiva) form the Char Dham, one of Hinduism's most spiritual and auspicious pilgrimage circuits. Haridwar, meaning "Gateway to God" is a prime Hindu destination. Haridwar hosts the Kumbha Mela every twelve years, in which millions of pilgrims take part from all parts of the India and the world. Rishikesh near Haridwar is known as the preeminent yoga centre of India. The state has an abundance of temples and shrines, many dedicated to local deities or manifestations of Shiva and Durga, references to many of which can be found in Hindu scriptures and legends.

GOVERNMENT POLICIES:

In order to develop tourism in India in a systematic manner, position it as a major engine of economic growth and to harness its direct and multiplier effects for employment and poverty eradication in an environmentally sustainable manner, the National Tourism Policy was formulated in the year 2002. Broadly, the Policy attempts to:-

•        Position tourism as a major engine of economic growth;

•        Harness the direct and multiplier effects of tourism for employment generation, economic development and providing impetus to rural tourism;

•        Focus on domestic tourism as a major driver of tourism growth.

•        Position India as a global brand to take advantage of the burgeoning global travel trade and the vast untapped potential of India as a destination;

•        Acknowledges the critical role of private sector with government working as a pro-active facilitator and catalyst;

•        Create and develop integrated tourism circuits based on India’s unique civilization, heritage, and culture in partnership with States, private sector and other agencies; and ensure that the tourist to India gets physically invigorated, mentally rejuvenated, culturally enriched, spiritually elevated and feel India from within.

 

Waste management and recycling: Project Opportunities in Uttarakhand

PROFILE:

Rapid industrialization last few decades have led to the depletion of pollution of precious natural resources in India depletes and pollutes resources continuously. Further the rapid industrial developments have, also, led to the generation of huge quantities of hazardous wastes, which have further aggravated the environmental problems in the country by depleting and polluting natural resources. Therefore, rational and sustainable utilization of natural resources and its protection from toxic releases is vital for sustainable socio-economic development.

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:

Investments are aimed at improving public health and the environmental quality in the Program towns and the adjacent open land and water bodies by increasing solid waste collection coverage from 50% to 72% and supporting sound solid waste disposal methods. Improvements will be directed at (i) segregation of solid waste at household level and handling and management improvements at wards and town levels with an emphasis on waste minimization, (ii) provision of solid waste collection and transportation equipment, and (iii) construction of sanitary landfills in accordance with GoI’s Municipal Solid Waste Management and Handling Rules 2000. These will develop into a State wide SWM strategy, action plan, and town wise SWM master plan reports supported by capacity building of ULBs in SWM.

GOVERNMENT POLICIES:

National policy on waste management is set out in the October 1998 policy statement on waste management- Changing our ways. It outlines the Government's policy objectives in relation to waste management, and suggests some key issues and considerations that must be addressed to achieve these objectives. The policy is firmly grounded in an internationally recognised hierarchy of options, namely prevention, minimisation, reuse/recycling, and the environmentally sustainable disposal of waste which cannot be prevented or recovered.

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Cold Storage

A cold storage is a temperature-controlled supply chain network, with storage and distribution activities carried out in a manner such that the temperature of a product is maintained in a specified range, needed to keep it fresh and edible for a much longer period than in normal ambient conditions. This system facilitates long distance transport of various products as well as makes seasonal products available over the entire year.Cold Storage is a special kind of room, the temperature of, which is kept very low with the help of machines and precision instruments. Chilling involves reducing food temperatures to below ambient temperatures, but above –1°C. Indian cold storage market is expected to grow at a CAGR of 16.09% by 2020 driven by the growth in the organized retail, Indian fast food market, and food processing industry. The cold storage market in India is highly fragmented with more than 3500 players in the unorganized sector and around 30 players in the organized sector. India currently has 6156 cold storage facilities across various states with total capacity of 28.68 MMT. Entrepreneurs who invest in this project will be successful.
Plant capacity: Cold Storage (Fruits, Vegetables, Pulses & Spices Store): 5000 MT Plant & machinery: Rs. 120 lakhs
Working capital: -T.C.I: Cost of Project: Rs665 lakhs
Return: 18.00%Break even: 54.00%
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Red Oxide Primer From Mill Scale

Red oxide primer is a specially formulated coating used as a base coat for ferrous metals. Red-oxide primer serves a similar purpose to interior wall primers in that it prepares metal for a topcoat, but it also gives iron and steel surfaces a layer of protection. A primer is composed of Red Oxide, solvents, resins, and various additives. The pigments give the primer color; solvents make it easier to apply; resins help it dry; and additives serve as everything from fillers to anti fungicidal agents. The Indian paint market will grow with a CAGR of around 14% during 2015-16 to 2019-20.The Indian paint industry has been growing at an average 15% per annum over the last decade. Growth has been consistent with the Indian GDP growth rate and in some years the industry has grown at a rate of 1.5 to 2 times higher than that of GDP growth. Construction remains the key growth sector and is driving demand for decorative and protective coatings.As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • Ashok Neel Mfrs. Pvt. Ltd. • Bajaj Superpack India Ltd. • Eskay Dye-Stuffs & Organic Chemicals Pvt. Ltd. • Futura Polyesters Ltd. • NirupSynchrome Ltd. • Omkar Industries Ltd.
Plant capacity: Red Oxide Primer (Each Packed in 20 Ltrs Container) : 1000 Packs/Day Red Oxide Primer (Each Packed in 5 Ltrs Container) : 4000 Packs/DayPlant & machinery: Rs. 292 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1016 lakhs
Return: 28.00%Break even: 56.00%
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Jute Shopping Bags

Jute fabrics are strong, durable, light, color fast, attractive and cheaper than most fabrics made from other fibers.There is very simple sewing machine and cutting machine required for making jute bags. There is very good demand of jute bags. Demand of jute bag is meet up by our own growth. Jute bags has very good export potentiality. Raw materials required for making jute bags are cotton threads and jute fiber cloth. It can be packed in the plain box and transport it. The global jute bag market reached a value of US$ 1.4 Billion in 2016, exhibiting a CAGR of around 11% during 2009-2016. The market is projected to reach a value of US$ 2.6 Billion by 2022.Indian jute carry and shopping bags exporters are shipping over millions of bags every year & trends show that the numbers are likely to keep rising rapidly. Sara International, one of the top jute bags manufacturers, which is taking advantage of this trend.As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • Agarpara Jute Mills Ltd. • Ambica Jute Mills Ltd. • Bally Jute Co. Ltd. • Calcutta Jute Mfg. Co. Ltd. • Caledonian Jute &Inds. Ltd. • Empire Jute Co. Ltd.
Plant capacity: Jute Shopping Bags: 2400Nos/DayPlant & machinery: Rs. 4 lakhs
Working capital: -T.C.I: Cost of Project : Rs. 22 lakhs
Return: 32.00%Break even: 82.00%
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PVC Conduit Pipes

PVC material is difficult to ignite and self-extinguishing (when flame removed) property/characteristic make it important thermoplastic.PVC Conduit pipes are produced by extrusion process followed by calibration to ensure maintenance of accurate internal dia with smooth internal boxes. These pipes generally come in lengths of 6 meters. A wide range of injection molded fittings, including tees, elbows, reducers, caps, pipes saddles, inserts and threaded adaptors for pipe sizes 15-150 mm are available. The India PVC pipes and fittings market will grow at a double digit CAGR over the period FY’2014-FY’2019 and is projected to reach INR 391 billion by FY’ 2019.Global PVC Pipe Market size was valued at $54,246 million in 2015 and is anticipated to grow at a CAGR of 6.7% to reach $85,565 million by 2022. Polyvinyl chloride (PVC) is the third largest selling plastic commodity after polyethylene &polypropylene.Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Agarpara Jute Mills Ltd. • Ambica Jute Mills Ltd. • Bally Jute Co. Ltd. • Calcutta Jute Mfg. Co. Ltd. • Caledonian Jute &Inds. Ltd. • Empire Jute Co. Ltd.
Plant capacity: PVC Conduit Pipes: 10MT/DayPlant & machinery: Rs. 103 lakhs
Working capital: -T.C.I: Cost of Project: Rs1300 lakhs
Return: 26.00%Break even: 35.00%
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Craft Beer

A microbrewery or craft brewery is a brewery that produces small amounts of beer (or sometimes root beer). The main raw material are Malt, yeast, water. Some additives for yeast growth eg ammonium phosphate, ammonium sulphate, potassium metasulphate for preservation of beer. For craft beer some vegetable and fruit extract are added to enhance the flavor. India’s alcoholic drinks market, we expect to see strong growth in beer consumption over our forecast period. In volume terms, beer sales will rise at CAGR of 7.5 per cent between 2017 and 2021.”The craft beer market in India is pegged at Rs. 280 crore and may grow to Rs. 4,400 crore by 2020.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Appollo Distilleries & Breweries Pvt. Ltd. • Arthos Breweries Ltd. • Aurangabad Breweries Ltd. • Castle Breweries Ltd. • Devans Modern Breweries Ltd. • Doburg Lager Breweries Ltd.
Plant capacity: Craft Beer: 10000Ltrs./DayPlant & machinery: Rs. 522 lakhs
Working capital: -T.C.I: Cost of Project: Rs.1040lakhs
Return: 27.00%Break even: 56.00%
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Noodles, Vermicelli, Macaroni and Spaghetti Production Business

Noodles, Vermicelli, Macaroni and Spaghetti Production Business. Start a Profitable Pasta Product Manufacturing Industry Macaroni is a traditional food product that is formed by the use of dough, which is made by the use of flour, water, and eggs after which it is formed into different shapes. It can be simply put that macaroni is a dry pasta. Lastly, a curved macaroni is mostly referred to as elbow macaroni, which is popular among young children. Many macaroni and noodle products are being used in precooked frozen dinners of macaroni and cheese, macaroni and spaghetti and meat sauce, tuna and noodles and many others. Some what the some preparation techniques are used for freezing are used for canning. Spaghetti is long, thin pasta. Spaghetti with meatballs in marinara sauce is an Italian restaurant classic. Spaghetti is a popular Italian pasta, often served with a tomato sauce sometimes called spaghetti sauce. The Italian word spago means string, and spaghetti is the plural of spago — a description of what spaghetti looks like. Spaghetti straps are very thin shoulder straps found on dresses and summery tops. Spaghetti is generally served with some type of sauce; the sauce and the type of spaghetti are usually matched based on consistency and ease of eating. Northern Italian cooking uses less tomato sauce, garlic and herbs. In Northern Italy white sauce is more common. However Italian cuisine is best identified by individual regions. In Southern Italy more complex variations include spaghetti paired with fresh vegetables, olives, capers or seafood. Vermicelli is a type of fine pasta that is similar to spaghetti. The pasta features long rounded pasta strands that tend to be slightly thinner than spaghetti and somewhat thicker than angel hair pasta. In Italian, vermicelli literally means "little worms" and reflects the pastas distinctive worm-like shape. In India and other countries of the Indian Subcontinent, wheat vermicelli is known by various local names such as sev in Gujarati, shavige in Kannada, sevalu or semiya in Telugu, and semiya in Tamil and Malayalam. Vermicelli is made out of maida that is ground from very hard wheat. It is simply maida, water, and a little salt. Vermicelli is a popular instant food product. It falls under the category of extruded product and is made from wheat flour. At times tapioca or soya bean or groundnut flour is also added. Thus, it is rich in proteins and liked by people from all walks of life, irrespective of age. India celebrates more festival than other countries. These festivals are chiefly religious, secular and social. The festivals are therefore an intimate part of our religious as well as secular life. They are at the same time related to some ancient religious length, to the cycle of reasons, and to the community's need of change, release and economic well-seeing. Noodles were traditionally served in a hot or cold seasonal broth whilst pasta had a sauce added. Nowadays, though, fusion cuisine is offering all sorts of exciting new ways to prepare noodles. Market Outlook Noodles Noodles market in India is one of the fastest growing globally driven by steady economic growth and rise in disposable income of consumers. Rapid urbanization and a large young population are also helping Noodles market to grow further. Dried and Instant Noodles is the leading category in the Noodles market with Convenience Stores being the leading distribution channel. Urbanization, rising income levels, working couples, interstate migration and changing lifestyle of young India are key drivers for the noodles market. The product was positioned as meal which is filling and can be prepared in just a few minutes, thus offering both convenience and time saving. Noodles are value-added processed food items from flour. In addition, the product occupies 45% market share in the processed cereal products in India. According to the output and constitute, this is the largest segment in this sector of the processed food market. Generally, this item is more popular in the northern parts of our country. The product is an extruded product made of tapioca flour and maida. They are long thread-like of 0.22 to 0.4 mm. thickness. Trends in Indian noodle market • Traditional flavors still dominate: Masala, chicken and tomato are most popular flavors in the market • Addressing rural market: Noodles are primarily consumed in urban India and to expand this market companies have introduced small sized and low cost products to address the demand of rural market. The success of this effort is still to be seen. • Huge Rural market: rural India where close to 60% of Indian population resides is a huge consumption market virtually un-penetrated by any player. Low cost products with appropriate marketing can open up this huge market. Some of the major reasons for its popularity are: • Increasing population of the country. • Rapid industrialization in the country. • Increasing purchasing capacity of the people. • The durability of the product. • The changing eating habit of the population. • Increasing preference for ready to eat food because of the increasing numbers of working couples etc. Vermicelli: Five main features of vermicelli make it a highly demanded product in the market: • Ready to eat • Easy to prepare • Nutritious • Tasty and • Low Cost It is one of the most preferred ready to cook item in both Indian and foreign markets. With the rapid urbanization and growth of the economy, the demand of healthy and easy to prepare food products has reached sky high. This makes the vermicelli making business an ideal business opportunity to grab on as the demand for the same is in a highly growing trend. During Ramzan, the demand reaches at the top as kheer made of vermicelli is consumed all on a daily basis after daylong fasting. However, in compare to the other foreign countries, the consumption rate of vermicelli is comparatively low, thus there is a huge opportunity to grow and capture the market. Urbanization has changed the lifestyles of not only urbanites but even of semi-urban and rural areas. This along with increase in the purchasing power of people has fuelled demand for many fast food or instant food items and vermicelli is one such product. With the addition of groundnut or soya bean or tapioca flour, it also becomes a nutritive product and thus even health conscious people prefer it. Thus vermicelli has, become a very popular instant food. Variety since last few years and its demand is steadily growing. There are some established brands but the market is very large and growing. A small-scale unit can compete with these brands in the local market on the price front because of low overheads, less transportation costs and reasonable advertisement budget. Proper and adequate placement of product and thrust on publicity at the point of sales would also be crucial. Pasta Product Market: The global market for pasta can be classified into spaghetti, macaroni, and noodles. It can also be bifurcated into fresh and dried pasta. While the former is prepared from simple dough of eggs and flour, the latter is made from finely ground semolina flour and water, sans egg mostly. Fresh pasta has a comparatively shorter shelf life than dried pasta and hence it is more expensive. Dried pasta generates accounts for a dominant share vis-à-vis sales in the global market for pasta. The overall global pasta market is expected to grow moderately in the upcoming years. Global Pasta Market is projected to witness at the CAGR of 5.85% and it is projected to reach USD 32.78 Billion during the period of 2017 to 2023. The global pasta market is being driven by a number of favorable factors. The changing preferences of the consumers, resulting from the western influences and urbanization in the developing regions, have contributed to the market growth. Further, as a result of hectic lifestyle, the consumers prefer easy-to-make food products. Since, pasta is a healthy carbohydrate-rich food and convenient to prepare, the demand for different types of pasta products such as fusilli, macaroni and vermicelli, has been on a surge. Moreover, manufacturers are introducing product innovations such as gluten-free pasta, organic pasta and vegan pasta to attract a larger consumer-base. Geography-wise, the global market for pasta has been segmented into Asia Pacific, Europe, North America, and the Rest of the World. Among them, Europe accounts for maximum percentage share in terms of consumption and North America comes next. Markets in China and India, emerging economies whose growth rate has surpassed that of all other countries in the world, have proved to be tough ones to crack. Per capita sales of pasta is low in India and China on account of lesser priced regional staples such as rice and noodles. Besides the lack of affordability and cultural preferences, the abundant availability of pasta is another factor hobbling the growth of the Asian markets. Going forward, however, tables might likely turn due to rising per capita income in emerging economies, particularly India and China. This, coupled with rising urbanization, is anticipated to push substantial growth in the near future. The spaghetti segment is projected to register the higher growth rate (5.77%) during the forecast period of 2017 to 2023. Change in consumer lifestyle, increasing disposable income, increase in health awareness, and rise in demand for convenience food and consumption will a positive impact on the market during the forecast period. Packaged foods are convenient to carry, store, and use. Thus, all these factors together will drive the market. The primary factors catalyzing the growth of the pasta market in India include rising urbanization, changing lifestyles and surging demand for ready-to-eat products. In addition to this, the market is also influenced by an increasing women employment rate coupled with rising disposable incomes. Further, the health-conscious consumers are demanding food products with healthier ingredients, which has led to a rise in the demand for pasta made with whole-wheat and quinoa. Some of the other forces that have been proactive in maintaining the market growth are longer shelf-life and ease of preparation. Looking forward, the market value is projected to reach US$ 709.1 Million by 2023, registering a CAGR of 16.2% during 2018-2023. Tags Macaroni Production, Macaroni, Macaroni Production Process, Manufacture of Pasta, Macaroni, Noodle, and Spaghetti Production, Pasta Production Process Pdf, Pasta Manufacturing Project Report, How is Pasta, Pasta Manufacturing Process PPT, Macaroni Manufacturing, Pasta Processing, Pasta Production, Pasta Manufacturing, Spaghetti Making Process, Production of Pasta and Spaghetti, Food Processing Plant, Industrial Production of Pasta, How to Make Spaghetti? 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Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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E-Rickshaw Assembling

Electric Rickshaw, in short, also called as E-Rickshaw. This kind of transport vehicle are famous in many countries, this is eco-friendly vehicles for carrying passengers across the city without fuel. This is the reason these vehicles have become so popular. This e-rickshaw are popular in many countries and has been in use by many. Hundreds of thousands of electric three-wheelers - popularly called e-rickshaws - have been operating in India for over three years now. Big cities in India are currently struggling with pollution and the government is taking strong measure to overcome this by introducing new rules and regulation for diesel vehicle. Near future e-rickshaws are going to be preferable mode of public transportation and it is going to replace fuel operated rickshaws. As we all know that the demand of e-rickshaw is growing rapidly in India and other cities. Even, people in small cities in India are preferring e-rickshaws for travelling. With growing demand, manufacturing companies are planning to meet demand at any cost. E-rickshaw manufacturing companies are contributing for better weather conditions across the country. Passenger carriers held a larger share in the Indian electric rickshaw market in 2017, accounting for more than 95% revenue. They are expected to continue holding a larger market share in the coming years as well, on account of the large passenger base in the country, coupled with the growing demand for low-cost shared mobility. Indian electric rickshaw market is projected to reach 935.5 thousand units by 2023, the market growth is majorly driven by government incentives and environmental policies, and declining battery prices.
Plant capacity: 1,200 Nos per AnnumPlant & machinery: 29 Lakhs
Working capital: -T.C.I: Cost of Project: 324 Lakhs
Return: 24.00%Break even: 56.00%
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Hosiery Products (Vest, Briefs, T-Shirts & Socks)

Hosiery also referred to as legwear, describes the garments, worn directly on the feet and legs. The term hosiery is also being used for the type of knitted fabric, its weight and thickness. It is manufactured in a wide range of fabric weights, knits and colors. In general, heavier weight fabrics are stronger and more durable, but are thicker and show less of the natural skin tone. On the other hand, lighter garments look and feel more luxurious but are not strong as compared to the heavier ones. The hosiery includes categories such as sheers, support hosiery, control tops, opaques, tights, stay-ups, stockings, maternity pantyhose and run-resistant garments. The growth of the global hosiery market is driven by the robust demand for comfortable and stylish hosiery among the consumers. Changing lifestyles and demographic factors are bringing changes in demand patterns for hosiery. Further, the global demand for hosiery is increasing due to the increasing employment rate across various countries in the world. Further, rising disposable income is expected to intensify the growth of the global hosiery market. Moreover, rapid urbanization is anticipated to positively impact the growth of the hosiery market. Rising personal disposable income along with changing lifestyle is anticipated to expand the growth of global hosiery market during the forecast period. Apart from this, propagation of modern retail formats such as supermarkets, discount stores, and pharmacy stores is resulting in increasing product visibility. This enables easier accessibility to clothing products such as hosiery to consumers. The increasing sales from online commerce sector is fuelling the growth of global hosiery market as it saves the time of buyers and offer various discounts on the products. Thus, the online store is expected to be the fastest growing segment which is anticipated to expand the growth of global hosiery market over the forecast period. The global hosiery market is expected to witness a steady growth attributed to considerable demand in the healthcare and fitness industry. Consumption of hosiery products is expected to remain high among women in terms of demography. Socks is predicted to witness significant demand in the global market as compared to other products. Increasing spending on fashion products coupled with growth in disposable income of consumer is anticipated to drive the demand for the hosiery market during the forecast period. Furthermore, in developing economies, rising preference towards western outfits resulting in higher spending on fashion clothing is in turn projected to drive the demand for hosiery products over the forecast period. Beside this, increasing population across the globe is also projected to drive the demand for hosiery products.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Glass Blocks

Glass blocks or bricks are architectural products that allow light to pass through, while also providing a level of privacy or obscuration. Glass blocks are typically square in shape and can have a variety of surface treatments that affect their transparency. Glass blocks are often assembled like bricks with a grout or sealant. Some blocks come with assembly systems that provide wall anchors and vertical and horizontal spacers to precisely align the blocks. The blocks are spaced accurately and consistently using the spacers and then bonded together with silicone. The joints are finished with tile grout or mortar. Glass blocks used in prisons and detention centers, police departments, and other high-risk locations are often set in steel frames for added strength and security. Glass blocks market forecast predicts that this market will grow at a CAGR of more than 7% by 2022. Factors such as easy installation due to the availability of pre-fabricated kits and increasing use of glass block windows in houses, commercial buildings, and industrial buildings will drive the glass blocks market growth. Also, the advantages such as light-weight and privacy makes the glass blocks useful in residential, commercial, and industrial end-user segments. Global Glass Block Market is expected to grow at a positive CAGR in the predicted period. The architectural element which is made from the glass is known as the Glass block. It provides a visual obstruction while they are transfer light. The glass block is meant for the floor as well as wall in terms of applications. They are manufactured from a single solid piece, or they have a thicker side wall than the standard wall blocks which can be used for the floors normally. Glass Block Market is segmented, By Applications Bullet and Vandal Resistance, Gas insulated, Colored, Fire Resistance, etc. There are some colored variants available in the glass wall blocks. Some hollow glass wall blocks are available in colored variants. UV stable can in the same locations as the standard clear glass blocks. Other methods which are colored glass blocks are obtained and is needed to inject colored material, dye or the transparent paints which are present in the hollow center of the blocks to form the coating permanent.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Extra Neutral Alcohol (ENA)

Extra Neutral Alcohol is a food grade alcohol. The product is used as a basic alcohol in distilled spirits like Vodka, Malawi Gin etc. In the pharmaceutical industry, Extra Neutral Alcohol is a prime carrier for a whole spectrum of medicines and is therefore used for processing a wide range of drugs. It is also a good disinfectant as methylated spirit. This colorless alcohol has a neutral smell and taste. It is used in the production of potable alcohol and also as a solvent and reactant in the pharmaceutical industry and as a carrier of flavor and fragrances. ENA is a high distilled alcohol that contains no impurities and is used for the production of alcoholic beverages, alcoholic fruit beverages and aperitifs. Owing to its properties, it serves as an essential ingredient in the manufacturing of numerous cosmetics and skin care products, as a processing aid in food industry, and as a solvent for colourants and flavours. The extra neutral alcohol (ENA) market in India has been witnessing a steady growth rate over the past few years. The market is expected to grow due to a huge shift towards the consumption of alcohol and expanding applications of ENA. Almost 90% of the ENA produced in India is used in the manufacturing of potable alcohol, production and consumption of which is continuously rising. Further, a gradual shift towards Indian Made Foreign Liquor (IMFL) from country liquor over the past years has also led to an increase in demand for potable alcohol. Other factors facilitating the demand for potable alcohol are increasing disposable incomes, changing attitude towards drinking and western influence. Additionally, expanding cosmetics and personal health care, printing and pharmaceutical industries are expected to be highly lucrative for the market since ENA finds numerous applications in these industries. In the cosmetics industry, ENA is used in products such as perfume, toiletries, cologne, hair spray, air freshener, detergent, etc. It is also used in the production of antiseptics, drug, syrups, medicated sprays, etc. Owing to the aforementioned factors, the market is further projected to reach a volume of 3.8 Billion Litre by 2023.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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  • 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.
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  • 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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