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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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Active Zinc Oxide from Zinc Ash, Secondary Zinc Waste & EAF Dust

Active Zinc oxide is a chemical compound with formula ZnO. It occurs as white hexagonal crystals or a white powder commonly known as zinc white which is used as a pigment in paints. It is nearly insoluble in water but soluble in acids or alkalis. Chinese white is a special grade of zinc white and used in artists' pigments. Zinc oxide and stearic acid are important ingredients in the commercial manufacture of rubber goods. Active Zinc oxide is valuable and growth-oriented product both for direct application and production of other zinc compounds. Two main processes for producing Active zinc oxide are direct and indirect methods. In the direct or American method, zinc ore is heated in air with coke or anthracite, and the resulting zinc vapors are subjected to the controlled oxidation. In the indirect or French process the zinc vapors to be oxidized are obtained by boiling zinc. Active Zinc oxide (ZnO) is water insoluble compound, but soluble in acid and bases. It has wide application in industry such as Rubber, Ceramics, Chemicals, Pharmaceuticals, Cosmetics & Personal Care, Agricultural, and Others. Active Zinc oxide is used primarily in cosmetics and personal care products including makeup, baby lotions, bath soaps, nail products, and powders and others. Rising demand for cosmetics and personal care products will add to the growth of Active zinc oxide market in forecast time. The global Active zinc oxide (ZnO) market size is projected to grow from USD 4.4 billion in 2019 to USD 5.7 billion by 2024, at a compound annual growth rate (CAGR) of 5.4%, during the forecast period. ZnO is a white inorganic compound that is used widely in pharmaceuticals, rubber, ceramics cosmetics, chemicals, and glass industries. The growth of these end-use industries is expected to fuel the global Active zinc oxide market demand over the forecast period. Active Zinc oxide is the most widely used zinc compound, and it plays an important role in a multitude of applications. The galvanization of steel products accounts for half of global zinc consumption due in large part to the metal's critically important corrosion-resistant properties. Active Zinc oxide is also a critical material in the manufacturing of tires, where it increases resilience and elasticity, literally putting the bounce in rubber. Increasing demand of Active Zinc oxide in chemical and manufacturing industry will further boost the market size. Industrial application of the product majorly vulcanization of rubber will surge significantly in forecast period. Tire industry is also one the major consumer of the product. Other major application including manufacturing of concrete, photovoltaic, electronic, optoelectronic devices and glass cutting. India exported Zinc-Oxide worth USD 2,344,417.64. Vietnam is one of the largest buyers of Zinc-Oxide from India, accounting for exports worth USD 666,311.42. The other big buyers of Zinc-Oxide are Spain and Qatar which buy Zinc-Oxide worth USD 486,487.22 and USD 179,654.28 respectively. Rising application of product in paints and coatings is projected to drive the Active zinc oxide market growth. One trend in the market is increasing use in semiconductor industry. The growing demand for Active zinc oxide in the production of varistors, ferrites, and solar cells is expected to propel the growth of the global Active zinc oxide market in the forecast period. The major driver in the market is growing demand for Nano Active zinc oxide. Nano Active zinc oxide is a specialized nanomaterial that is mainly available in the form of dispersions and powders. Companies operating in the Active zinc oxide market are also focusing on new product development and agreement to tap the opportunities in applications, such as solar energy, surface coatings, and pharmaceuticals. The Europe market is mature and developed stably in the past few years and will keep the trend in the next years. North America, led by the U.S. is expected to account for substantial growth in the market during the forecast period. Few Indian major players are as under Transpek-Silox Industry Pvt. Ltd. Rubamin Pvt. Ltd. Nav Bharat Metalic Oxide Inds. Pvt. Ltd. Chemspec Chemicals Pvt. Ltd.
Plant capacity: Active Zinc Oxide: 20 MT / DayPlant & machinery: Rs 285 lakhs
Working capital: -T.C.I: Cost of Project: Rs 830 lakhs
Return: 31.00%Break even: 56.00%
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Talc from Talc Ore (Cosmetic Grade)

Talc is a naturally-occurring mineral used in some consumer products, including personal care products like cosmetics. Pure talc and talc-containing rock are mined from the earth. Talc is made up of magnesium, silicon, oxygen and hydrogen. Its physical properties make it one of the softest naturally occurring minerals. There are different grades of talc, with varying degrees of purity (or presence of other minerals). Talc is milled to different particle sizes, with the finest talc used in cosmetics, pharmaceuticals, and some food products. Talc may be used in products to absorb moisture, prevent caking, improve consistency, or to make a product opaque. Talc is an ingredient used in personal care products such as loose powders (e.g., talcum powder, baby powder, blush, eye shadow), and in other forms (e.g., pressed powder, liquid makeup). It is also used in some food items, such as rice and chewing gum, and to manufacture pill tablets. Talc may also be used during athletic or other activities (e.g. drumming). Talc is an industrial mineral, which is composed of hydrated magnesium sheet-silicates with theoretical formula of Mg3Si4O10(OH)2 that belongs to the phyllo silicate family. Talc may have white, apple green, dark green or brown colors, depending on its composition. Talc is the softest one in all minerals, which has Mohs hardness ranges from (1–1.5) and a greasy feel. The specific gravity of talc is about 2.75; it is relatively inert, and water repellent. Talc is a kind of clay mineral substance comprising of hydrated magnesium silicate. It is in powder form and is found in the mixture with corn starch. Talc finds extensive application as the baby powder across the globe. The product finds lucrative applications in ceramics, cosmetic items, and paints & roofing materials. Talc Market was valued at USD 2.57 billion in 2017 and is projected to reach USD 3.35 billion by 2023, at a CAGR of 4.6% during the forecast period. Moreover, burgeoning demand for lightweight plastic components of vehicles made from talc reinforced polypropylene to enhance vehicle performance, fuel efficacy, and durability will impel the business scope. Beneficial features such as corrosive resistance and resistant against abrasiveness is anticipated to make talc more popular across the globe. Apart from this, the population explosion witnessed in the emerging economies along with rise in the per capita income of middle income group population in these economies has transformed into lucrative demand for consumer items like ceramics, pharmaceuticals, and ceramics. This will propel the product demand. In addition to this, the thriving manufacturing as well as service sectors will propel the market growth. Region wise, the talc market can be divided into five main regions: Europe, Latin America, North America, Asia Pacific, and the Middle East and Africa. Asia Pacific region is likely to contribute notably toward the overall talc industry with the thriving manufacturing and infrastructural sector. With humungous presence of mineral and chemical manufacturing firms in the region as a result of cost-effective production facilities, the market is anticipated to gain traction over the years to come. Country like China is the global leader in white talc production and is also a supplier of talc to other countries. Moreover, escalating growth witnessed in automotive and household sectors in the countries such as Italy, France, and the UK will boost the market trends in Europe. Furthermore, North America and Latin American regions have huge market growth potential and are likely to exhibit incredible surge over the forthcoming years. As a whole any entrepreneur can venture in this project without risk and earn profit.
Plant capacity: Cosmetic Grade Talc : 32 MT / DayPlant & machinery: Rs 143 lakhs
Working capital: -T.C.I: Cost of Project : Rs 954 lakhs
Return: 26.00%Break even: 62.00%
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Municipal Waste Treatment

Municipal Solid Waste management is one of the most vital issues in the contemporary urban environments particularly in developing countries. The estimated quantity of Municipal Solid Waste (MSW) generated worldwide is 1.7-1.9 billion metric tons. In many cases, municipal wastes are not well managed in developing countries, as cities and municipalities cannot cope with the accelerated pace of waste production and waste collection rates are often lower than 70 per cent in low-income countries. More than 50 per cent of the collected waste is often disposed of through uncontrolled land filling and about 15 per cent is processed through unsafe and informal recycling. In most urban centers of developing countries, municipal solid waste management (MSWM) is highly unsatisfactory and beyond the capabilities of their economic setup for handling and disposal. Hence, the issue of MSWM is major concern in many urban areas of low-income developing countries, though their waste generation is low in comparison with middle income and industrialized countries. Solid waste generation: Currently the daily solid waste generation in the city of Addis Ababa is estimated to be 0.5 kg per capita per day, the density ranges from 205 to 370 kg m-3 and the daily waste generation has reached to 2,750 m3. Therefore, considering the city’s population of 3.5 million people, it is estimated that approximately one million m3 of solid waste is generated per year. The global waste management market size is expected to reach $530.0 billion by 2025 from $330.6 billion in 2017, growing at a CAGR of 6.0% from 2018 to 2025. Waste management is the process of treating solid wastes, and involves different solutions to recycle items. It includes activities from its inception to final removal, such as collection, transport, treatment, and disposal of waste along with inspection and regulation. Increase in environmental awareness, rapid industrialization, surge in population, and rise in urbanization foster the growth of the global waste management market. In addition, implementation of stringent government norms toward open dumping is expected to fuel the waste management market growth. Furthermore, uncollected waste and dumping are impacting on health directly or directly, which is expected to increase demand for waste management services. However, lack of awareness in developing countries and dearth of investments in solid waste management framework impede the growth for waste management industry analysis. The impact of the driving factors is expected to surpass that of the restraints; hence, the market is projected to grow at a CAGR of 6.0% from 2018 to 2025. The market includes domestic consumables mainly furniture, product packaging, clothing, grass clippings, bottles, newspapers, food scraps, and appliances. These scraps mainly originate from several schools, homes, hospitals, and other commercial establishments. The demand for municipal solid waste management across the residential sector will witness significant gains on account of the ongoing urbanization along with increasing consumer spending toward manufactured goods.
Plant capacity: Organic Compost :300 MT / Day Refuse Derivated Fuel (RDF): 66.7 MT / Day Plastics: 20 MT / Day Inerts: 86.7 MT / Day Recyclables: 73.3 MT / DayPlant & machinery: Rs 2038 lakhs
Working capital: -T.C.I: Cost of Project: Rs 3239 lakhs
Return: 26.00%Break even: 44.00%
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IV Fluids (BFS Technology)

Intravenous fluids are fluids which are intended to be administered to a patient intravenously, directly through the circulatory system. These fluids must be sterile to protect patients from injury, and there are a number of different types available for use. Many companies manufacture packaged intravenous fluids, as well as products which can be mixed with sterile water to prepare a solution for intravenous administration. Fluids are given when someone's body fluid volume falls. There are a number of things which can cause a drop in fluid volume. Vomiting and diarrhea are a classic example, which is why people are encouraged to drink fluids when they are sick, to keep their fluid volume stable. Another cause is blood loss, which causes problems both because people lose blood products, and because they experience a loss in fluid volume. Electrolyte levels in the blood can also become unstable as a result of rapid changes in fluid volume, in which case intravenous fluids can be used to restore the balance. The global Intravenous (IV) solutions market was valued at USD 6.9 billion in 2015 and is projected to grow at a CAGR of 7.8% over the forecast period. The emergence of this market is attributed to the fast growing geriatric population and prevalence of malnutrition in the elderly and pediatric population. Intravenous (IV) solutions are fluids which are intended to be administered to a patient directly into the venous circulation. These fluids are sterile fluids which protects patients at the time of serious dehydration. There are various type of IV solutions available for use in the market. Many companies manufactures packaged intravenous fluids or products or compounds which can be mixed with sterile water to prepare a solution for intravenous administration. The market for Intravenous (IV) Solution is expected to reach USD 11,511.2 million by 2022 and is expected to grow at a CAGR of 7.69% during the forecast period 2016-2022. The factors which drive the growth of the market are the rising prevalence of chronic diseases, rising acceptance of vitamin C intravenous treatment therapy to treat colorectal cancer. This is attributed to the factors such as Growing acceptance of vitamin C intravenous for Colorectal Cancer and increasing prevalence of the chronic diseases. Europe is the second largest market which is growing at a CAGR of 8.12% from 2016-2022. Asia-Pacific region is the fastest growing market for IV Solutions, which is expected to grow at a CAGR of 8.34% during the forecast period from 2016 to 2022. As a whole any entrepreneur can venture in this project without risk and earn profit.
Plant capacity: IV Fluids (500 ml Pack): 22,400 Packs / Day IV Fluids (250 ml Pack): 22,400 Packs / DayPlant & machinery: Rs 2505 lakhs
Working capital: -T.C.I: Cost of Project: Rs 4334 lakhs
Return: 27.00%Break even: 42.00%
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Mining of Mineral Ore with Processing and Beneficiation for Production of Red Iron Oxide

Iron & steel is the driving force behind industrial development in any country. The vitality of the Iron & Steel Industry largely influences a country's economic status. The mining of iron ore, an essential raw material for Iron & Steel Industry, is arguably of prime importance among all mining activities undertaken by any country. With the total resources of over 33.276 billion tonnes of haematite (Fe2O3) and magnetite (Fe3O4), India is amongst the leading producers of iron ore in the world. The primary use of iron ore is in the production of iron. Most of the iron produced is then used to make steel. Steel is used to make automobiles, locomotives, and ships, beams used in buildings, furniture, paper clips, and tools, reinforcing rods for concrete, bicycles, and thousands of other items. It is the most-used metal by both tonnage and purpose. Steel is a processed form of pig iron with impurities such as silicon, phosphorus and sulfur removed and with a reduction in the carbon content. Globally, steel's versatility is unsurpassed. Wrought iron (low carbon) and cast iron (pig iron) also have important markets. One of the most ubiquitous products in Australia is corrugated iron, a structural sheet steel shaped into parallel furrows and ridges. Global iron ore production will modestly grow to 3,119 million tonne by 2028 from 2,850 million in 2019, Fitch Solutions Macro Research said in a report today. This represents an average annual growth of 0.5 per cent during 2019-2028, which is a significant slowdown from an average growth of 2.9 per cent during 2009-2018, it said. The supply growth would be primarily driven by India and Brazil where major miner Vale is set to expand output with its new mine. On the other hand, miners in China, which operate at the higher end of the iron ore cost curve will be forced to cut output due to fall in ore grades. India’s finished steel consumption grew at a CAGR of 5.69 per cent during FY08-FY18 to reach 90.68 MT. India’s crude steel and finished steel production increased to 106.56 MT and 131.57 MT in 2018-19, respectively. In FY20 (till November 2019), crude steel and finished steel production stood at 73.17 MT and 67.52 MT respectively. During 2018-19, 6.36 MT of steel was exported from India. Exports and imports of finished steel stood at 5.75 MT and 5.07 MT, respectively, in FY20P (up to November 2019). As a whole any entrepreneur can venture in this project without risk and earn profit. Government Initiatives Some of the other recent government initiatives in this sector are as follows: • Government introduced Steel Scrap Recycling Policy aimed to reduce • import. • An export duty of 30 per cent has been levied on iron ore^ (lumps and fines) to ensure supply to domestic steel industry. • Government of India’s focus on infrastructure and restarting road projects is aiding the boost in demand for steel. Also, further likely acceleration in rural economy and infrastructure is expected to lead to growth in demand for steel. • The Union Cabinet, Government of India has approved the National Steel Policy (NSP) 2017, as it seeks to create a globally competitive steel industry in India. NSP 2017 envisages 300 million tonnes (MT) steel-making capacity and 160 kgs per capita steel consumption by 2030-31. • The Ministry of Steel is facilitating setting up of an industry driven Steel Research and Technology Mission of India (SRTMI) in association with the public and private sector steel companies to spearhead research and development activities in the iron and steel industry at an initial corpus of Rs 200 crore (US$ 30 million). • The Government of India raised import duty on most steel items twice, each time by 2.5 per cent and imposed measures including anti-dumping and safeguard duties on iron and steel items. Huge scope for growth is offered by India’s comparatively low per capita steel consumption and the expected rise in consumption due to increased infrastructure construction and the thriving automobile and railways sectors. Few Indian major players are as under Mineral Enterprises Ltd. Mandovi Pellets Ltd Idcol Kalinga Iron Works Ltd. Essel Mining & Inds. Ltd. Brahmani River Pellet Ltd. Bonai Industrial Co. Ltd. Arya Iron & Steel Co. Pvt. Ltd Odisha Mining Corpn. Ltd. Obulapuram Mining Co. Pvt. Ltd.
Plant capacity: Iron Ore: 2,400 MT / DayPlant & machinery: Rs 527 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1798 lakhs
Return: 30.00%Break even: 61.00%
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Spices (Turmeric, Chilli & Masala Powder)

Spices are non-leafy parts (e.g. bud, fruit, seed, bark, rhizome, bulb) of plants used as a flavoring or seasoning, although many can also be used as a herbal medicine. A closely related term, ‘herb’, is used to distinguish plant parts finding the same uses but derived from leafy or soft flowering parts. The two terms may be used for the same plants in which the fresh leaves are used as herbs, while other dried parts are used as spices, e.g. coriander, dill. There are a large number of various spices, used along with food such as pepper, chill, cardamom, cinnamon, mustard, cloves, ginger, turmeric, coriander etc. These spices give taste to the prepared food and at the same time give attractive colours and smell to the food. So the usage of some or all of these spices during cooking is now became an unavoidable one. The quantity of a particular spice added to the food during cooking is depends upon the taste of the user. For better and proper taste, the addition of these spices should be controlled. For that there is certain composition of spices for each type of dishes. For e.g if we are going to make the north Indian dish paneer butter masala. There is a particular composition of the spices and at the same time the composition of the spices added to sambar a south Indian dish is entirely different, even though the contents are same. India is the largest producer, consumer and exporter of spices and spice products in the world and produces more than 50 spices. India is also a big exporter of Chilli, turmeric, cumin, pepper and many other spices. The country also imports various spices to meet its local requirement of taste as Indian dishes are incomplete without adding varieties of spices to them. Andhra Pradesh is the largest spice producing state in India. Gujarat, Karnataka, Rajasthan, Tamilnadu, Assam, Kerala, Madhya Pradesh, Maharashtra, Orissa, Uttar Pradesh and West Bengal are the other major spices producing states in India. Chilli is the major spice crop occupying about 29 percent of area under cultivation and contributing about 34 percent of total spices production in the country. Turmeric accounts for 14% of production and 6% of area, while garlic accounts for 19% of production and 5% of area. Seed spices contribute 17% of production and occupy 41% of area while pepper contributes 2% of production and occupies 9% of area of the total spices in the country. Total spices export from India stood at 226,225 tonnes valued at US$ 621.78 in April-June 2016, registering a year-on-year growth of 3 per cent. Major importers of Indian spices in FY 2015-16 were US, China, Vietnam, UAE, Indonesia, Malaysia, UK, Sri Lanka, Saudi Arabia, and Germany. Worldwide, food trends are changing with a marked health orientation. Since organic foods are free from chemical contaminants, the demand for these products should steadily increase in the new millennium. Organic cultivation is nothing new to India. Government of India has announced a few schemes under which 100 per cent export-oriented units can be set up any, where in India. The subject of the scheme is to promote to export of manufacture goods. Under this scheme special concession and facilities are provided to entrepreneurs desirous of setting up 100 percent export units. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Indian Products Pvt. Ltd. Indian Chillies Trdg. Co. Ltd. Gokul Agro Inds. Ltd. General Commodities Pvt. Ltd. Empire Spices & Foods Ltd. Eastern Condiments Pvt. Ltd. Cookme B B D Pvt. Ltd. Bhavani Tea & Produce Co. Ltd. Paras Spices Pvt. Ltd. Periyar Plantations Pvt. Ltd. Shubham Goldiee Masale Pvt. Ltd.
Plant capacity: Turmeric Powder: 2,000 Kgs. / Day Red Chilli Powder: 2,000 Kgs. / Day Sambhar Masala: 2,000 Kgs. / Day Biryani Masala: 2,000 Kgs. / Day Chicken Fry Masala: 2,000 Kgs. / Day Garam Masala : 2,000 Kgs. / DayPlant & machinery: Rs 138 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1138 lakhs
Return: 32.00%Break even: 49.00%
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Dental Materials Alginate, GI Cement, Composite Resin & Polycarboxylate Cement

A dental impression is a negative imprint of hard (teeth) and soft tissues in the mouth from which a positive reproduction (cast or model) can be formed. It is made by placing an appropriate material in a stock or custom dental impression tray which is designed to roughly fit over the dental arches. Impression material is of liquid or semi-solid nature when first mixed and placed in the mouth. It then sets to become an elastic solid (usually takes a few minutes depending upon the material), leaving an imprint of person's dentition and surrounding structures of oral cavity. Dental equipment is tools used to diagnose and treat dental diseases. Dental tools are used by dental professionals to examine, manipulate, restore and remove teeth and surrounding oral structures and to provide dental treatment. The end-users for this market include hospitals, dental clinics, and dental practitioners. Patient demand for better dental care facilities has increased due to increasing dental awareness and growing disposable income of the people around the world. Furthermore, factors like rising geriatric population, changing lifestyles, increasing incidences of dental caries and other periodontal diseases, rising demand for cosmetic dentistry, and increased public and private health care expenditure are persistently driving the dental care market. Asia-Pacific is expected to show lucrative growth over the forecast period owing to increased demand as a consequence of large population base with high unmet medical needs. Adoption of innovative instruments and techniques is expected to further propel the growth of this region. Furthermore, improving healthcare infrastructure as a result of government initiatives is expected to fuel growth of Asia Pacific region. On the basis of products, the market is divided into radiology equipment, lasers, systems & parts, laboratory machines, hygiene maintenance device, and other equipment. Systems & parts held the largest share in the product segment and accounted for USD 2,206.2 million in the overall market in 2013. Wide applications of systems & parts conducting any procedures attributed to the dominance of systems & parts segment. Dental lasers are expected to grow at a CAGR of over 8.2% from 2013 to 2020. Growth in demand for cosmetic dentistry and minimally invasive procedures is expected to boost the growth in this segment over the forecast period. As per the 2012 statistics of the World Health Organization (WHO), around 60–90% of school-going children and around 100% of adults suffer from dental problems. As a result, the WHO has undertaken various strategies to increase the awareness about oral disease prevention and promotion. As a whole any entrepreneur can venture in this project without risk and earn profit.
Plant capacity: Alginate (500 gms Packs): 80 Packs / Day Glass Ionomer Cement (15 gms Packs with 10 gm Liquid): 1,333.3 Packs / Day Composite Resin Poly Carboxylate Cement (500 gms Pack): 40 Packs / DayPlant & machinery: Rs 56 lakhs
Working capital: -T.C.I: Cost of Project: Rs 212 lakhs
Return: 31.00%Break even: 64.00%
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PET Polyester Acoustic Panel

Acoustic panels are sound absorbing panels placed on walls or ceilings to control and reduce noise, eliminate slap echo and control comb filtering in a room. The objective is to enhance the properties of sound by improving sound quality with sound absorbing panels. Often used to treat recording studio acoustics, church acoustics, home theater acoustics, restaurant acoustics, and listening rooms, the purpose of acoustic panels is to reduce, but not entirely eliminate, resonance within the room. Acoustic panels differ from Bass Traps in that they deal more with the mid and high frequencies in a room. Sound absorption is different than soundproofing, which is typically used to keep sound from escaping a room. Acoustic panels control echo and reverberation in a room. Most commonly used to resolve speech intelligibility issues in commercial soundproofing treatments. Most panels are constructed with a wooden frame, filled with sound absorption material (mineral wool, fiberglass, cellulose, open cell foam, or combination of and wrapped with fabric. Acoustic Panels are also referred to as Sound Absorption Panels, Soundproof Panels, or Sound Panels. Polyester Acoustic Panels are sound absorbing panels developed with environmental friendliness in mind. The panels are made from 100% polyester, 60% recycled fiber, and are 100% recyclable. Panels offer many environmental advantages and are a good alternative to a traditional fabric wrapped fiberglass panel. The core material is durable enough to withstand the force. The resistant polyester is an excellent choice for use high traffic areas in athletic facilities, offices, schools, multipurpose rooms and just about anywhere. The Polyester Acoustic Panels are delivered as a finished, durable sheet, ready to install. They may be easily cut to size on site for a custom fit or to create designs. Growing demand for sound absorption materials in the entertainment industry including music studios, corporate workplaces, cinema halls, and auditoriums will provide a positive scope for acoustic insulation market penetration during the forecasted timeframe. Increasing focus for improving the building infrastructure to offer peaceful and convenient environment in public places has led to a rise in installation of sound barriers across the highways, construction sites, airport runways, railway stations etc. Further, constructive indicators from the workout centres, gyms, industrial sound absorption, control rooms, cabinets, and shipbuilding segments hold potential opportunities for the product growth globally. Global acoustic insulation market is driven by rapid innovations & technological development in the construction, industrial and transportation sector. Shifting consumer preferences toward construction of green buildings coupled with surging preferences toward usage of environment-friendly sound absorption products will stimulate the market over the forecast timeframe. Developing economies such as China, India, Mexico, and Brazil will substantially impact the product development owing to large customer base coupled with inclining preferences towards noise-free buildings and quiet environment requirements in hospitals and educational institutions. Asia-Pacific and Middle East & African countries are experiencing huge domestic as well as foreign investments for setting up industrial units, hospitals, malls, multiplexes, hospitality industry, and IT sector. Asia-Pacific is an attractive market for foreign companies, due to healthy economic performance of the countries, like India, China, Indonesia, etc., and efforts made by the Middle Eastern countries to develop its tourism and other non-oil sectors, which are driving commercial construction activities in these regions. The Indian Government has also set an investment target of USD 120.5 billion for developing 27 industrial clusters; this is expected to boost commercial construction in the country. Asia Pacific will witness the fastest growth with a CAGR at 5% in the acoustic insulation market by 2025. Rising disposable income coupled with extensive product utilization in the building & construction, industrial, and transportation segments in the region are key factors driving industry growth. Surging government investments in numerous industrial & commercial projects pertaining to fire and sound absorption will stimulate the market share. Rapid surge in infrastructural activities along with the growing noise pollution in several metropolitan cities will proliferate the acoustic insulation market demand in the region. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Saint-Gobain India Pvt. Ltd. Owens Corning Inds. (India) Pvt. Ltd. Kingspan Jindal Pvt. Ltd. B A S F Polyurethanes India Ltd.
Plant capacity: PET Polyester Acoustic Panel (Size 4' x8'x1"): 666.7 Pcs / DayPlant & machinery: Rs 286 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1048 lakhs
Return: 26.00%Break even: 39.00%
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Adult Diapers and Baby Diapers

A diaper or nappy is a kind of underwear that allows one to defecate or urinate in a discreet manner. When diapers become soiled, they require changing; this process is often performed by a second person such as a parent or caregiver. Diapers are primarily worn by children who are not yet potty trained or experience bedwetting. However, they can also be used by adults with incontinence or in certain circumstances where access to a toilet is unavailable. These can include the elderly, those with a physical or mental disability, and people working in extreme conditions such as astronauts. It is not uncommon for people to wear diapers under dry suits. The Baby Diaper Industry has revolutionized the FMCG industry. The diapers have the ability to contain the urine by converting it into gel. Thus, due to this property, the diapers are gaining huge consumption amongst the baby as well as adult population. Further, it is anticipated that the Baby Diaper market is expected to reach around INR 200 Billion by 2022, growing at a double digit CAGR over the forecasted period 2017-2022. Disposable diapers market would garner substantial market share of about 63% of the estimated global market by 2020. The changing environmental needs would limit the use of disposable diaper in the future, promoting the usage of bio-degradable diapers. The companies operating in this market are focusing on manufacturing cost effective and skin friendly diapers that will cater to the customers with pressing demands for quality and cost effectiveness. The current population growth rate shows that there is a demand for diapers and nappies in households, particularly considering the increase in the workforce prompting mothers to stock diapers, especially disposables, as they are easier and faster to handle. The various types of baby diapers available in the markets include cloth diapers, swim pants, training nappies, and a wide category of disposable diapers such as biodegradable, super-absorbent, and ultra-absorbent diapers. In India, the segment of disposable diapers accounts for more than 75% of the market share. The diaper industry in India has grown with a CAGR of more than 20% over the last five years from 2011-12 to 2016-17. The diaper market largely consists of baby diapers in India with more than 95% volume share whereas adult diapers have just started their foray into the mainstream market. Further, it is anticipated that the Diaper market is expected to reach around INR 200 Billion by 2022, growing at a double digit CAGR over the forecasted period 2017–2022. The adult diapers market in India started at a low development level, it has grown rapidly. The continuous construction of international hospital chains helped many diaper manufacturers to promote their brands across India. Today, 70% of adult diapers are sold through hospitals and their affiliated stores, which are welcomed by Indians. The majority of adult diapers are diapers, pads, and nursing pads. Indian senior centers a Real so starting to promote adult diapers. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Mediklin Healthcare Ltd. Me N Moms Pvt. Ltd. Kimberly-Clark India Pvt. Ltd. Diapers India Ltd. Auctus Pharma Ltd Amkay Products Pvt. Ltd. Nobel Hygiene Pvt. Ltd. Pigeon India Pvt. Ltd.
Plant capacity: Baby Diapers (4 Pcs.): 18,000 Pkts. / Day Adult Diapers (4 Pcs.): 18,000 Pkts. / DayPlant & machinery: Rs 1632 lakhs
Working capital: -T.C.I: Cost of Project: Rs 2219 lakhs
Return: 27.00%Break even: 48.00%
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Hot Melt Glue Stick

Thermoplastic adhesives, also known as "hot melt" adhesives, applied hot and simply allowed to harden. These adhesives have become popular for crafts because of their ease of use and the wide range of common materials to which they can adhere. Hot melt adhesive is special kind of adhesives, which can be used at high temperature and adhesion properties remain unchanged on cooling. Hot melt adhesives basically formed by compounding of synthetic polymeric resin. Synthetic polymeric resins are used polyvinyl acetate, Polyethylene acetate, Urea formaldehyde etc. It is generally in the form of solid white powder or in the liquid form. For the manufacturing of hot melt adhesives, there is required of a jacketed metallic reaction kettle, heating system and packaging machine. Hot melt glue sticks consist of a high performance, hot melt adhesive supplied in sticks 300 mm long and approximately 11.5 mm in diameter. They are designed for application by appropriate glue guns and provide bonds with good flexibility and peel strengths, being particularly suitable for use with flexible substrates. The Adhesive Technologies business unit is a leading solution provider for adhesives, sealants and functional coatings for consumers, craftsmen and industrial applications. Henkel offers a multitude of applications to satisfy the needs of different target groups: consumers, craftsmen and industrial businesses. In 2019, the business unit generated sales of 9,461 million euros, 47 percent of total company sales. Hot Melt Adhesives Market size exceeded USD 6.60 billion, globally in 2018 and is estimated to grow at over 6.4% CAGR between 2019 and 2026. Automobile application segment held the highest share in 2018, and is expected to maintain its dominance throughout the forecast period. Hot melt adhesives are formulations based on thermoplastic polymers which can be softened and reshaped on heating above their melting point. These adhesives are applied on a material in liquid state and offer easy to clean application with minimum toxicity. They are served in a wide array of industries such as packaging owing to their high stability & strength, making them a suitable alternative to solvent-borne adhesives. Hot melt adhesives demand is attributed towards rising importance regarding disposable hygiene products and growing government initiatives to promote health & wellness among individuals. With increasing awareness for personal hygiene, consumers are looking for products with enhanced features such as better absorption and improved softness which has augmented the adoption of environment friendly disposable adhesives. The hot melt adhesives market offers an effective solution for carton closing, sealing and play a significant role in overcoming challenges such as energy efficiency and product safety. This has further enhanced its usage in food, beverage & other consumer goods packaging applications. As a whole any entrepreneur can venture in this project without risk and earn profit.
Plant capacity: Clear Transparant Glue Stick Size 200 mmx 7 mm (LxD):2,000 Kgs / Day Yellow Glue Stick Size 250 mmx 11 mm (LxD): 2,000 Kgs / Day Milky Glue Stick Size 100 mmx 7 mm (LxD): 2,000 Kgs / DayPlant & machinery: Rs 73 lakhs
Working capital: -T.C.I: Cost of Project: Rs 687 lakhs
Return: 27.00%Break even: 49.00%
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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
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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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