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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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Polyvinyl Acetate

Polyvinyl acetate is a substance produced through the combining of many units of monomeric vinyl acetate (CH3COOCH=CH2). The number of units so combined is typically between 100 and 5,000. Polyvinyl acetate includes all homopolymers and copolymers where the vinyl acetate content is at least 50%. About 80% of total consumption is used in wood, construction and paper adhesives, and architectural coatings. Most of the remaining polymers are used in paper and textile coatings. Polyvinyl acetate is a rubber synthetic polymer, or plastic. It belongs to polyvinyl ester family and is categorized as a thermoplastic, meaning it melts at high temperatures and is elastic and flexible at room temperature. Polyvinyl acetate is a vinyl polymer and is prepared by polymerization of vinyl acetate monomer.
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Return: 1.00%Break even: N/A
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Lamp Shades and Chandeliers

Lamp Shades A lampshade is a fixture that covers the light bulb on a lamp to diffuse the light it emits. Lampshades can be made out of a wide variety of materials like paper, glass, or stone. Usually conical or cylindrical in shape, lampshades can be found on floor, desk, tabletop, or suspended lamps. The term can also apply to the glass hung under many designs of ceiling lamp. Beyond its practical purpose, significant emphasis is also usually given to decorative and aesthetic features. A common form of lamp shade on a floor lamp, for example, uses cloth or paper with a loose weave to block significant amounts of light in a horizontal direction. At the same time, the shade permits light to flow from the top and bottom. Chandelier A chandelier also known as girandole, candelabra lamp, or least commonly suspended lights) is a branched ornamental light fixture designed to be mounted on ceilings or walls. Chandeliers are often ornate, and normally use incandescent light bulbs, though some modern designs also use fluorescent lamps and recently LEDs. Chandelier as "a branched, decorative lighting fixture that holds a number of bulbs or candles and is suspended from a ceiling." In the interest of fire safety, today's chandeliers rarely hold candles, but they still impart an incomparable ambiance. The type of chandelier you choose will depend on your decorating scheme, the scale of your room, and the electrical outlets available. The chandelier market is projected to expand at a significant growth rate during the forecast period. The rising disposable incomes, changing lifestyles, and innovative chandelier designs by manufacturers are the factors driving the growth of this market. Additionally, consumers also have a rising trend to use energy efficient lights, which are long lasting and also cut down on the utility bills. This trend is considered to be the major factor leading to the increase in demand for chandeliers. However, technical difficulties in its installation and high investment costs act as a restraint toward growth of the market. Moreover, lack of availability of parts and specialized lights after damage also hinders the growth of the global chandelier market. In order to overcome the cost constraint of chandeliers, manufacturers are focusing on developing products at cost competitive prices. The global chandelier market is segmented by type, category, material, end use, distribution channel, and region. The chandelier market is divided into three types: classical, modern, and transitional. By category type, the market is segmented by the lighting direction namely uplight, downlight, cluster, and pendant. Based on material, the market is segmented into crystal, glass & colored glass, wood, metal, and others such as brass, fabric etc. By end use, the chandelier market is divided into residential and commercial which can be further classified into offices, hotels & restaurants, and others such as malls, hospitals etc. In terms of distribution channel, chandeliers are available online such as on e-commerce websites and brand websites and also available offline in department stores, hypermarkets, and specialty stores.
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Return: 1.00%Break even: N/A
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Shiitake Mushroom

The shiitake is an edible mushroom native to East Asia, which is cultivated and consumed in many Asian countries. It is considered a medicinal mushroom in some forms of traditional medicine. Shiitake mushrooms offer many health benefits such as improved digestion, better cardiovascular health, bone building, etc. which have paved the way for its application in the pharmaceuticals industry. The global shiitake mushroom market has witnessed constant demand during the last few years and is projected to reach USD 35.4 billion at a CAGR of 15.31% by 2023. Shiitake mushroom is an edible specialty mushroom which was originated in East Asia. It is commonly used in preparation of various cuisines of East Asia. On the basis of the category, fresh shiitake mushroom will dominate the market and is projected to hold a major share of approx. 50% in the global market. Fresh shiitake mushroom is widely used in preparation of different cuisines for its rich and robust flavoring attribute which is driving the market of fresh shiitake mushroom. Asia Pacific is dominating the market in use of fresh shiitake mushroom followed by Europe. However, North America is witnessed to be the second largest growing country in fresh shiitake mushroom at a CAGR of 14.36% over the forecast period. Based on the application, food industry is dominating the market holding a leading share of 54.4%. However, increasing awareness of high nutritional and medical benefits of shiitake mushroom including improved cardiovascular health, bone-building, improved digestion, healing chromosome damage caused by anti-cancer treatments and others is boosting the application of shiitake mushroom in pharmaceuticals at a CAGR of 16.56% over the forecast period.
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Coir Pith Products (Briquettes, Artificial Door & Manure)

Coir is the outside hard layer of husk that surrounds the shell of the coconut. It consists mainly of fibres, which have traditionally been used to manufacture rope, carpets, doormats, upholstery stuffing, brushes etc. Between these fibres is the corky substance called coir pith, which has recently been widely recognized as the superior growing medium in which to grow soft fruit, tomatoes, roses and many other crops. Coir Pith a spongy material that binds the coconut fibre in the husk, coir pith is finding new applications. It is an excellent soil conditioner and is being extensively used as a soil-less medium for agri-horticultural purposes. With its moisture retention qualities, coir pith is ideal for growing anthodium’s and orchids. The eco-friendly product is said to be replacing many traditional products as an effective soil bed under greenhouse conditions. Coir pith Briquettes are made by compressing coir pith. They are individually shrink wrapped for export with or without labels as per specifications. Coir Pith Briquettes are natural organic growing medium and extensively used in Nurseries, Home Gardens, Green Houses and other Farming communities. Coir pith is emerging as a dollar-earning product indicating its potential to revitalize the soil. Coir pith is mixed with a suitable animal manure such as cow dung or poultry litter by using it as an absorbent in cattle farms and poultry farms. The spent coir pith is richly soaked with the dropping of the animals and this product is further decomposed using fungal culture. Suitable minerals are added to increase the availability of secondary and micro nutrients. The fungus breaks down the coir pith and the natural bacteria in the manure breaks down the manure resulting in a rich, soft, humus, organic manure that is widely used for horticulture, especially seed germination and organic farming of vegetables.
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Tartaric Acid, Food Colour, Crude Pectine, Tamarind Oil and Tamarind Protein from Tamarind

Tartaric Acid Tartaric acid is a four-carbon organic acid, primarily used in wine production to impart the characteristic tart taste to the wine. Tartaric acid can be produced from natural sources as well as synthetic raw materials. Natural source for tartaric acid is lees, which is obtained after racking wine, usually in the summers. Tartaric acid is a white, crystalline organic acid that occurs naturally in many fruits, most notably in grapes, but also in bananas, tamarinds, and citrus. Its salt, potassium bitartrate, commonly known as cream of tartar, develops naturally in the process of winemaking. It is commonly mixed with sodium bicarbonate and is sold as baking powder used as a leavening agent in food preparation. The tartaric acid market is expected to record a moderate CAGR between 2018 and 2023. Increasing demand from the wine industry in the Asia-Pacific and Latin American regions, coupled with the growing demand for packaged food, is expected to drive the market during the forecast period. The market is primarily driven by the diverse uses of tartaric acid in the food & beverage industry. Tartaric acid is widely used in the pharmaceutical segment. This is owing to its characteristic property of enhancing the taste of medicine, making it the material of choice for use in the pharmaceutical industry. Tartaric acid and its derivatives are widely used in making effervescent salts, which are formed when combined with citrates. The pharmaceutical industry is expected to be the one of the fastest growing segments by end-user industry in the global tartaric acid market due to the rise in medicine demand globally. The global tartaric acid market is segmented into type, source, and application. On the basis of the type, the market is segregated into natural and synthetic. The market by the source is bifurcated into grapes & sun-dried raisins, and maleic anhydride. The market for the application is further bifurcated into food and beverage, pharmaceuticals, cosmetic and personal care, and others. Food Colour Food coloring, or color additive, is any dye, pigment or substance that imparts color when it is added to food or drink. They come in many forms consisting of liquids, powders, gels, and pastes. Food coloring is used both in commercial food production and in domestic cooking. Food colorants are also used in a variety of non-food applications including cosmetics, pharmaceuticals, home craft projects, and medical devices. The food colorant market is one of the major segments of the global food additives market. Food Colors are used by the food and beverages industry to improve, and impart color for the visual appeal of the food which is lost while food processing. The global food colour market is primarily driven by the increasing demand from beverage industry and bakery and confectionary. The high demand from flavoured drinks, fruit juices and nutritional drinks drives the global food colour market. For commercial adoption, synthetic food colours are in high demand because of the high stability under light, cheap in cost and less microbial contamination. The global food colors market size was estimated at USD 1.79 billion in 2016, growing at a CAGR of 5.9% over the forecast period. Growth in global population is expected to result in increased demand for food & beverage products, which is further likely to drive the demand for the product over the forecast period. The global food colour market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). APEJ holds the major share in the global food colour market owing to the high consumption of synthetic food colour by commercial food producers. The countries such as India, China, Indonesia and Taiwan are the prominent countries in food colour market in APEJ region. Followed by APEJ is North America and Europe and are expected to grow at moderately high CAGR during the forecast period. Latin America is anticipate to project stable growth rate in terms of value during the forecast period.
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Leggings Manufacturing Industry. Start a Hosiery Manufacturing Business

Leggings Manufacturing Industry. Start a Hosiery Manufacturing Business. Women's Leggings or Bottoms Leggings, which are a shape enhancing, skin tight piece of clothing covering the legs and meant to be worn by both men and women, have been seeing steady upswing in demand. Leggings are the most popular bottom wear for the women population. Actually, leggings come with knitted fabric. However, leather or woolens leggings are equally popular as a fashion trend. Nowadays, leggings come in multiple colors, designs, and patterns. Additionally, leggings come in different sizes and length. Generally, people can produce different types of leggings from several fabrics like Lycra, spandex, nylon, polyester, silk, cotton, wool or others fabrics. Basically, women with the all age group wear leggings. Additionally, one can team up leggings with the several upper outfits. These are kurta, tunics, t-shirts, coat, jackets, tank tops and any other tops or ethnic wear. Additionally, these are perfect for yoga or workout. So, it is natural that the demand will increase more in the future. Actually, leggings cover the daily-wear needs of women on the go. Leggings are now available in varieties like churidar, ankle length, Capri and in the different style like laced, layered, printed and solids. Leggings provide a slim look in the easiest possible way. Additionally, it comes at an affordable price for the major population. So, the popularity of leggings will definitely increase more in the future. • Demand for leggings is expected to continue to rise. • Growing westernization trend and rapid urbanization in developing countries such as India, Indonesia, etc., is expected to result into high adoption of leggings. • An increasing number of joint ventures of international companies with the local player as well as growing sportswear production is expected to support the growth of the market over the forecast period 2026. • The nylon segment (by material) is expected to contribute major revenue share in the global leggings market and is expected to register the highest CAGR of over 6% • The end-user segments, the women segment is expected to contribute major revenue share in the global leggings market and is expected to register the highest CAGR of over 7.0%, in terms of revenue. At the forefront of driving demand for leggings is the enduring appeal of the product, which is catching up even in the oriental nations with different clothing habits. This is because of the convenience and comfort it offers to the wearer. Both men and women can wear it for various purposes - both for the sake of fashion or for working out or indulging in sports activities. This versatility has gone a long way in sustaining the demand of the product. North America and Europe have been frontrunners in driving demand for leggings worldwide. This is because the pair of clothing is also used as hosiery in the region. Apart from that a large number of sports and yoga enthusiasts alongside the high spending capacity of people has served to boost their markets too. Besides the two regions, emerging economies in Asia Pacific and Latin America are also proving to be lucrative markets. Influence of the western culture affecting the food and clothing choices of people, mushrooming clothing manufacturing units, and increasing disposable incomes of people in the regions are mainly bolstering sales there. Leggings market size will grow from USD 23.17 Billion in 2018 to USD 30.87 Billion by 2023, at an estimated CAGR of 5.91%. The base year considered for the study is 2018, and the market size is projected from 2019 to 2023. Prominent participants in the global market for leggings include Tommy Hilfiger, Bata, Adidas, Jockey, CALVIN KLEIN, Sho Sho Fashion, Macys, Nike, ANTA Sports Products Limited, Nordstrom, Lysse, CSP International, Under Armour, AEO, Deckers Brands, Spanx, and Dollar Global 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. In the present time, people are getting more serious about their looks and overall appearance, starting from what they wear and how they look. This is one of the major reasons behind the strong growth of fashion & apparel industry around the globe. One among the huge fashion trends is the hosiery segment which is mostly popular amongst the female population especially the ones who want to make a fashion statement based on the look they want, be it a demure look, a seductive or an appealing look. Further, there is a growing fashion consciousness among people, from teenagers to adults along with a growing desire to access designer clothes. In addition to that, the manufacturers are introducing various hosiery products through promotional activities such as fashion shows and advertisements to promote their hosiery products globally. The availability of variants in hosiery with various designs and colors are predicted to augment the growth of the global hosiery market with remarkable revenue of around USD 47,258.1 Million by the end of 2024 from USD 36,100.5 Million in 2016, expanding at a compound annual growth rate of 3.5% during the forecast period. 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. The global hosiery market is segmented on the basis of products into body stockings, knee high, socks, tights, toe socks, and others. Based on size, it is classified into small, medium, large, and plus. On the basis of distribution channel, the market is categorized into mass merchant, online store, departmental store, pharmacy store, and others. Geographically, the market is divided into North America, Europe, Asia-Pacific, and LAMEA. Tags #Leggings_Manufacturing, Leggings Manufacture, Leggings Manufacturing Pdf, #How_to_Start_Leggings_Manufacturing Business, How Leggings are Made, #Legging_Factory, How to Start Leggings Manufacturing Industry, Leggings Manufacturing Plant, Ladies Legging, Women Legging, Set up Leggings Manufacturing Unit, How to Make Leggings, #Hosiery_Factory, Project Report for Starting Legging Manufacturing Unit, #Leggings_Production_Process, How to Start Leggings Manufacturing, Starting a Leggings Business, How to Start a Leggings Business, #Leggings_Manufacturing_Business, Leggings Manufacturing Business Ideas, Women`s Wear Business Opportunity in India, Clothing Business Ideas & Opportunities, Leggings Manufacturing Business Plan, Readymade Garments Manufacturing, Hosiery Manufacturing Business Plan, #How_to_Start_a_Hosiery_Manufacturing_Business, Hosiery Products Manufacturing, Hosiery Manufacture, Hosiery Industry, Textile Industry in India, Leggings Production, Project Report on Leggings Manufacturing Industry, Detailed Project Report on Leggings Manufacturing Business, #Project_Report_on_Hosiery_Products_Manufacturing, Pre-Investment Feasibility Study on Leggings Manufacturing Business, Techno-Economic feasibility study on Hosiery Products Manufacturing, #Feasibility_report_on_Leggings_Manufacturing_Business, #Free_Project_Profile_on_Leggings_Manufacturing_Business, Project profile on Leggings Manufacturing Business, Download free project profile on Leggings Manufacturing Business, Women's Leggings or Bottoms, Women's leggings Manufacture, Women Leggings, Women Clothing Manufacture, Ladies Leggings Manufacture, Women`s Wear Business Opportunity in India
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Return: 1.00%Break even: N/A
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Glycerol Monostearate Manufacturing Industry

Glycerol Monostearate Manufacturing Industry. Production of Glycerol Monostearate (NSE/SE Grade). GMS Emulsifier Glycerol Monostearate Market Estimated to Cross USD 85.30 Million in 2022. Glycerol monostearate, commonly known as GMS, is an organic molecule used as an emulsifier. GMS is a white, odorless, and sweet-tasting flaky powder that is hygroscopic. It is a glycerol ester of stearic acid. It occurs naturally in the body as a product of the breakdown of fats by pancreatic lipase, and is also found in fatty foods. GMS is a food additive used as a thickening, emulsifying, anti-caking, and preservative agent; an emulsifying agent for oils, waxes, and solvents; a protective coating for hygroscopic powders; a solidifier and control release agent in pharmaceuticals; and a resin lubricant. It is also used in cosmetics and hair care products. GMS is largely used in baking preparations to add "body" to the food. It is responsible for giving ice cream and whipped cream its smooth texture. It is sometimes used as an anti-staling agent in bread. Market Outlook India Glycerol Monostearate Market is expected to Reach USD 85.30 Million in 2022. India is expected to record the fastest growth in the future. This can be attributed mainly to the growing fascination of western fast food trend in the country. India is predicted to hold a major share of the total glycerol monostearate market owing to the sharp rise in dairy industry and the presence of major glycerol monostearate manufacturers in this region. There has been tremendous growth in the food industry in India which is expected to spur the growth of the glycerol monostearate market in the coming years. Global Glycerol Monostearate Market Estimated to Cross USD 85.30 Million in 2022. The glycerol monostearate market can be segmented on the basis of applications into emulsifier, thickening, anti-caking, stabilizer and others. The emulsifier is the leading segment owing to high demand from food and cosmetics industry. Emulsifier accounted for the noteworthy market share in 2016. Thickening application is likely to flourish in the coming years. Some of the major end users of the glycerol monostearate are food & beverage, pharmaceutical, cosmetic and others. Glycerol monostearate plays a vital role in food & beverage and cosmetic industry; it acts as an emulsifier for mixing up the oils and water. Food and beverage industry dominated the glycerol monostearate market with the compelling share of the overall glycerol monostearate market. The cosmetics industry is expected to experience huge growth in the forecast period. Pharmaceutical is also expected to propel the market growth within the forecast period owing to the usage of glycerol monostearate as a stabilizer in the manufacturing of drugs. Based on application, the glycerol monostearate market is segmented as the emulsifier, thickening, anti-caking, stabilizer and other applications. Various end users for glycerol monostearate market are food & beverage, pharmaceutical, cosmetic and another end user. Some of the Major Market Players Are: • Volkem Chemical LLP • Estelle Chemicals Pvt. Ltd. • Alpha Chemicals Pvt Ltd • Marathwada Chemicals • Gujarat Amines • Liberty Chemicals • R. M. CHEMICALS • Maher Chemical Industries • ACM Chemicals • Jeevika Yugchem Private Limited • Mohini Organics Pvt. Ltd Tags #Glycerol_Monostearate, GMS, Preparation of Glycerol Monostearate, #Production_of_Glycerol_Monostearate, #Glycerol_Monostearate_(GMS), #Glycerol_Monostearate_Manufacturing_Process, #Glycerol_Monostearate_(Nse/Se_Grade)_Manufacturing_Plant, Manufacture of Glycerol Monostearate, Glycerol Monostearate Manufacture, Manufacturing Process of Glycerol Monostearate, Process for Preparation of a Monoglyceride, Glycerol Monostearate Uses, Applications and Uses of Glycerol Monostearate, Glycerol Monostearate Manufacturing, #Glycerol_Monostearate_Industry, Glycerol Monostearate for Industrial Purpose, #Project_Report_on_Glycerol_Monostearate_Manufacturing_Industry, #Detailed_Project_Report_on_Glycerol_Monostearate_Manufacturing, Project Report on Glycerol Monostearate Production, Pre-Investment Feasibility Study on Glycerol Monostearate Manufacturing, Techno-Economic feasibility study on Glycerol Monostearate Production, Feasibility report on Glycerol Monostearate Manufacturing, Free Project Profile on Glycerol Monostearate Production, Project profile on Glycerol Monostearate Manufacturing, Download free project profile on Glycerol Monostearate Manufacturing, #GMS_Emulsifier, Manufacture of Glycerol Monostearate (NSE SE Grade), Glycerol Monostearate-NSE Manufacture, #Glycerol_Monostearate_Manufacturing_Industry
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Return: 1.00%Break even: N/A
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Mackintosh Sheets (Hospital Rubber Sheet) and Surgical Hand Gloves Manufacturing Business

Mackintosh Sheets (Hospital Rubber Sheet) and Surgical Hand Gloves Manufacturing Business. Production of Medical Gloves and Surgical Mackintosh Rubber Sheet Medical gloves help in protecting patients and physicians from cross-contamination during medical examinations. These products are made up of polymers including latex, rubber, neoprene and vinyl. Medical gloves are a hand protection equipment, worn on the hands to prevent cross contamination between doctor or caregiver and patient during surgical procedures, medical examinations, and chemotherapy. Medical gloves are playing an important role in healthcare sector to prevent transmission of microorganism from the patient to the health-care worker. Moreover, this growth is also driven by the growing awareness of hygiene in hospitals and pharmaceutical industries, thus allowing a barrier to protect from several infectious diseases. Medical gloves are an important everyday product for all medical professionals working in the healthcare environment. The gloves not only protect them but also create a safety zone in the working environment. They are available in a variety of different materials, including nitrile rubber, latex, neoprene, and vinyl. Medical gloves function as mechanical barriers that help to reduce transmission of pathogens and body fluids from patients to healthcare personnel. Medical gloves are disposable gloves used during medical procedures, such as diagnosis, surgery and handling of chemotherapy agents. Disposable gloves are recommended in medical application to reduce the risk of contamination with blood and other body fluids. Mackintosh Sheets (Hospital Rubber Sheet) Mackintosh sheeting that is also known as Hospital Rubber Cloth. Hospital Rubber Sheet are highly demanded in many parts of the world. These sheets are designed as per industrial standards and specifications. The sheeting has high breaking and tearing strength. They are commonly used in hospital beds for protection of mattresses. Light and easily portable, pliable/supple and soft for skin contact. Benefits: • Comes handy where some water, blood and human excrete spills. • Water proofness property prevents percolation of any fluids and protects mattress from occupant’s waste products. • Extends the life of the underlying mattress • Most effective when used on the upper part of the mattress • Provides protection to the individual sleeping on the mattress from allergens and irritants like dust mites, bed bugs etc. Today's best healthcare facilities are taking further steps in providing maximum comfort and protection for their patient's hospital stay. The maintenance of mattress in a healthcare environment is extremely import. Mackintosh Sheeting (hospital rubber Sheet) are offers comfort durability and protection to contamination and infections. Hospital Rubber Cloth is manufactured from eco-friendly raw materials with rubber blend compounds laminated from both side. Market Outlook The global medical gloves market is expected to witness a CAGR of 6.4% and is projected to reach USD 7.72 billion by 2024. This growth is attributed to the growing number of hospitals and pharmaceutical in developing countries and increasing incidences of pandemic diseases. Moreover, advancement in gloves technology and rising awareness regarding hygiene is further boosting the market growth. Medical gloves play a key role in the multi-trillion dollar global healthcare market. Latex Surgical Gloves are highly flexible and comfortable to wear. Over the years, the demand for our Latex Surgical Gloves has increased consistently in the national market. Latex surgical gloves are made from natural rubber latex which provide excellent tactile sensitivity and comfort. Latex material is known to have very high elasticity meaning the gloves can stretch well to allow easy donning. The Indian market for medical gloves is still evolving. While the global market is growing at a compound annual growth rate (CAGR) of two per cent, the Indian market is at seven per cent growth. Every day there is a new hospital or nursing home popping up in India, so the demand for medical gloves is expected to increase. The market size therefore only for surgical gloves in India is Rs. 300 crore. Some of the factors driving the growth of the global disposable gloves market are increasing awareness about hand hygiene and patient safety among healthcare providers and patients, increasing incidences of infectious diseases, high healthcare expenditure, and increasing patient compliance for surgical treatment. However, low healthcare access in the remote areas of developing countries is the factor restraining the growth of the global disposable gloves market to some extent. Emergence of health threats and rise in health care awareness among people across the globe has resulted in the implementation of higher standards and regulations for the health care industry by various governments. As a result, the demand for disposable gloves has increased in recent years. The demand for better health care services is likely to increase significantly in the near future, due to a rise in population, improving income levels, and better education standards across developing economies. This, in turn, is anticipated to drive demand for disposable gloves during the forecast period. Some of the key players operating in disposable gloves market include Ansell Healthcare Products LLC, Adventa Berhad, Cardinal Health, Inc., Dynarex Corporation, Kossan Rubber Industries Bhd., Hartalega Holdings Berhad, MRK Healthcare Private Limited, Rubberex Corporation Bhd., Semperit AG Holding, Shield Scientific B.V., Supermax Corporation Berhad and Top Glove Corporation Bhd. Tags #Surgical_Hand_Gloves_Manufacturing, #Hospital_Sheet, Rubber Gloves, Medical Glove, #Surgical_Glove_Making_Business, Surgical Gloves Manufacturing Plant Cost, #Mackintosh_Sheeting, #Mackintosh_Rubber_Sheets_Manufacture, Surgical Gloves Manufacturing Project Report, Mackintosh Rubber Sheet, Glove Manufacturing Process Pdf, #Mackintosh_Rubber_Sheets_Production, Surgical Hand Gloves Production, Gloves Manufacturing Business Plan, Mackintosh Sheet, Gloves Manufacturing Plant Cost, Rubber Sheet, Surgical Gloves Manufacture, Surgical Gloves Manufacturing Process, Disposable Gloves Manufacturing Process, Surgical Hand Gloves, Medical & Surgical Clothing, Surgical, #Medical_Glove_Manufacturing_Business, Manufacture of Surgical Hand Gloves, Medical Rubber Sheets Manufacture, Rubber Mat, Mackintosh Sheet Uses, #Rubber_Sheet_Manufacturing, Rubber Sheet Making Process, Mackintosh Rolls, Draw Sheets & Hospital Sheeting, How to Start Sheet Manufacturing Business in India, #Project_Report_on_Surgical_Hand_Gloves_Manufacturing_Industry, Detailed Project Report on Mackintosh Rubber Sheets Production, Project Report on Surgical Hand Gloves Production, #Pre_Investment_Feasibility_Study_on_Mackintosh_Rubber_Sheets_Production, Techno-Economic feasibility study on Hospital Sheet Production, Feasibility report on Mackintosh Rubber Sheets Production, Free Project Profile on Hospital Sheet Production, Project profile on Surgical Hand Gloves Production, Download free project profile on Mackintosh Rubber Sheets Production, Rubber Sheet Manufacturing Process, Sheet Rubber Production, Processing of Rubber Sheet, Mackintosh Sheets and Surgical Hand Gloves Manufacturing Business
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Return: 1.00%Break even: N/A
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Hybrid Electric Scooter Assembling Business

Hybrid Electric Scooter Assembling Business. Electric Vehicles (EVs) Industry. Business Opportunities in Electric Two-Wheelers Manufacturing Industry Hybrid electric vehicles (HEVs) combine the benefits of gasoline engines and electric motors and can be configured to meet different objectives such as improved fuel economy, increased power, or additional auxiliary power for electronic devices and power tools. This type of vehicle is considered to have better performance and fuel economy compared to a conventional one. The advantages of HEVs include: • Oil consumption is less than that of conventional vehicles. • Carbon-based emission is lower, which makes HEVs more eco-friendly. This also helps conserve non-renewable resources like petroleum products. • Maintenance costs are lower than those of conventional vehicles. • With the electric motor taking charge of the engine during long travels, more mileage can be achieved with HEVs compared to other types of vehicles. Electric scooters are two or three-wheeled vehicles powered by electricity. This power is stored in a rechargeable battery, which drives the functioning of electric motors. Market Outlook The global electric scooter and motorcycle market size was $12,961.8 million in 2016, and is expected to reach $22,192.0 million by 2025, growing at a CAGR of 6.9% during 2017-2025. The market is predominantly driven by tax concession on eco-friendly vehicles, growing concern for increasing carbon emissions, low maintenance cost of electric two-wheelers, and favorable regulatory environment. Electric scooters and motorcycles are emerging as the need of hour, as commuters are in demand for solutions that provide innovative travelling experience with long distance coverage backup. The electric scooters and motorcycles have been categorized into 48V, 24V, 36v and are available in even more voltages like 60V and 72V. The speed of the scooter and motorcycle range from 30 km/hr to 70 km/hr. All electric scooters and motorcycles are provided recharging by plugging into ordinary wall outlets, usually taking about eight hours to charge. On the basis of product, the electric scooter market has been categorized into scooter and motorcycle. In terms of value, electric scooter held larger market share, accounting for more than 95% share in 2017 and is poised to continue dominating the market in the coming years as well. Geographically, Asia-Pacific accounted for more than 90% of the global electric scooter and motorcycle shipments in 2016. The highest growth in shipment is expected in Europe, during the forecast period; however, the market in North America is also expected to grow at nearly the same rate. The growth of the electric scooters and motorcycles market in Asia-Pacific is due to rapid urbanization and increase in household incomes, which is attracting the consumers to replace their fuel-driven two-wheelers with the electric variant. China, India, Indonesia, Japan and S. Korea are the major electric two-wheeler markets in Asia-Pacific; other major markets in the region include Australia, and Vietnam. The global electric scooter and motorcycle market is highly fragmented, where top five players accounted for less than 35% revenue. All of the five major players -Yadea Technology Group Co. Ltd., Zhejiang Luyuan Electric Vehicle Co. Ltd., Aima Technology Co. Ltd., Sunra Group, and Dongguan Tailing Electric Vehicle Co. Ltd., are based in China. The other players having good regional presence include Govecs Group, Amper Vehicles, Vmoto Limited, Hero Electric, Energica Motor Company S.p.A., BMW, and Mahindra GeneZe. New product launches and joint ventures have been the key strategies of these major players to expand their presence in this market. India Electric Scooters and Motorcycles Market Overview The Indian electric scooters and motorcycles market is projected to reach 757,900 units by 2025, registering a CAGR of 42.9% during the forecast period. The market has witnessed significant growth in the recent past owing to strict norms and regulations pertaining to environmental, government incentives, and rising environmental awareness. Based on battery type, the electric scooters and motorcycles market has been categorized into sealed lead acid (SLA) and lithium-ion (Li-ion). Among these, the SLA battery has been accounting for higher volume sales. However, the Li-ion category is poised to grow at a faster rate during the forecast period, owing to its declining prices, and lower environmental risk and longer life span as compared to the SLA category. Government incentive schemes, growing distributor & dealership network, rising online sales, and increasing affordability of electric two wheelers being provided by leading automobile manufacturers are some of the other key factors that would boost demand for electric two wheelers in India. Moreover, growing research & development activities are likely to result in a wide product portfolio for electric two wheelers, thereby positively influencing the country’s electric two wheeler market during the forecast period. Some of the major companies operating in India electric two wheeler market are Hero Electric Vehicles Pvt. Ltd., Okinawa Autotech Pvt. Ltd., Electrotherm (India) Ltd., Lohia Auto Industries, Avon Cycles Ltd., Ampere Vehicles Pvt Ltd, Tunwal E-Bike India PVT. LTD, NDS Eco Motors Private Limited, Ather Energy Pvt. Ltd., Tork Motors Private Limited, etc. All these companies are well assisted by their key development teams and are strengthening their dealership network to boost their customer reach. Tags #Hybrid_Electric_Scooter_Assembling, #Hybrid_Electric_Scooter, #Electric_Scooter_Project_Report_Pdf, #Hybrid_Two_Wheeler_PPT, #Hybrid_Electric_Vehicle_(HEV), Two Wheeler Hybrid Vehicle, Hybrid & Electric Scooter, Hybrid Vehicle (Scooter), Electric Scooter Assembly, Electric Scooters in India, #Production_of_Hybrid_Scooter, #How_to_Start_an_Electric_Scooter_Business_in_India? Starting an Electric Scooter Industry, Electric Scooter in India, Electric Scooter Body Manufacture in India, #Production_of_Electric_Vehicles_(Evs), How to Make an Electric Scooter, Starting an Electric Scooter Business, Electric Scooters Industry, Project Report on Hybrid Electric Scooter Assembling Industry, Detailed Project Report on Hybrid Electric Scooter Assembling, #Project_Report_on_Hybrid_Electric_Scooter_Assembling, Pre-Investment Feasibility Study on Hybrid Electric Scooter Assembling, Techno-Economic feasibility study on Hybrid Electric Scooter Assembling, Feasibility report on Hybrid Electric Scooter Assembling, Free Project Profile on Hybrid Electric Scooter Assembling, Project profile on Hybrid Electric Scooter Assembling, Download free project profile on Hybrid Electric Scooter Assembling, Electric Two Wheelers Business Opportunity in India, Electric Scooter Business, Electric Vehicle Industry in India, Hybrid & Electric Vehicle Manufacturing Industry, Manufacturing of Electric Vehicles, Hybrid Electric Vehicles and Electric Vehicles, #Hybrid_Electric_Vehicles_Production, Electric Vehicles (E-Vehicles) Business Opportunity
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Cardamom Cultivation

Cardamom production employs plants of the genera Elettaria and Amomum in the ginger family Zingiberaceae. Cultivation of cardamom was introduced to Guatemala before World War I by Oscar Majus Kloeffer; today Guatemala is the world's biggest producer and exporter, followed by India and Sri Lanka; Saudi Arabia and Kuwait are the leading importers of the spice. After saffron and vanilla, cardamom is the third most expensive spice by weight. Cardamom sometimes cardamon or cardamum, is a spice made from the seeds of several plants in the genera Elettaria and Amomum in the family Zingiberaceae. Both genera are native to the Indian subcontinent and Indonesia. They are recognized by their small seed pods: triangular in cross-section and spindle-shaped, with a thin, papery outer shell and small, black seeds. Cardamom popularly known as “ILAICHI” or “ELAICHI” in India and referred as ‘Queen of Spices’. It is actually a dried fruit of a tall perennial plant. It is part of the ‘Zigniberaceae’ family. In India, Cardamom is cultivated in Karnataka, Kerala, and Tamilnadu. Because of its aroma and flavour, Cardamom is one of the most expensive spices in the world. Cardamom is called as queen of spices which has exotic aromatic flavors. Cardamom is an oldest and third most expensive spice after saffron and vanilla. Cardamom has warm fortifying fragrance that adds extra advantage to ancient spices. Cardamom is derived from the Latin word cardamomum which is a kind of Indian spice plant. Three years are taken by cardamom plant to bear fruits which are productive for more than 5 to 6 years. Almost 72% global productions are originated from two producers Guatemala in Central America and South India. Due to climatic conditions, cardamom is produced whole year in Guatemala which has a big advantage in export market. According to our report Saudi Arabia is the largest importer of cardamom due to flavored drinks like concoction which is very popular in Middle East region such as Kuwait, Saudi Arabia and UAE etc. Cardamom is also used for medical purposes as it is very curative in nature. It helps in healing of sore throat, whitening of teeth, digestive disorders etc. Cardamoms, being one of the primary ingredients are used in herbal health supplements such as tea bags, cardamom powders, cardamom liquids etc. One of the boosting factors that is driving the growth of Cardamom Market is accelerating use of cardamom in developing countries such as Middle east and Africa, Latin America, South east Asia etc. These countries consume more amount of cardamom products such as concoction drink, cardamom oil etc. Since cardamom is third most expensive spice globally so it can only be owned by upper middle class and rich population.
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Return: 1.00%Break even: N/A
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