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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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Refined Oil (Cotton Seed, Ground Nut & Sunflower Oil)

The term `Vegetable Oils' and `Edible Oils' are synonymous in the Indian Context because in this country fats of animal origin such as fish oil and lard are not used as cooking Medias nevertheless, Edible oils are a major source of nutrition. The fatty acids in edible oils are required by the body as a vehicle for carrying vitamins, and they provide energy which is twice that of the cereals. Vegetable oils are obtained from oil seeds, tree crop or seed from the seed of annually grower crops. They include most of the fatty acids esters of glycerol, commonly called triglycerides which provide the world with its supplies of edible oils and fats. The fats and oils are respectively solid and liquid at ambient temperature. The edible oil market in India is projected to grow from around $21.5 billion in 2019 to $35.2 billion by 2025 due to increasing disposable income and rising consumer awareness about healthy lifestyle & wellness. Moreover, strong marketing activities by leading edible oil brands, changing tastes and preferences of consumers, expanding population, and shifting consumption pattern towards branded oils is leading to rising consumption of edible oils in the country. The India’s vegetable oil industry is estimated at Rs. 800 bn. India stands fourth as the world’s largest after the US, China and Brazil. India is the third-largest importer of edible oil in the world. The Solvent Extractors Association of India estimates the oil industry to comprise 15,000 oil mills, 600 solvent extraction units, 250 vanaspati (hydrogenated oil) plants and over 600 refineries. The mustard oil segment is estimated at 20 % of the total edible oil industry; the unorganized players constitute more than 50 % of the total market; the packaged and branded oil segment constitute only about 10 % but are expected to grow significantly. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Adani Wilmar Ltd. Agarwal Industries Pvt. Ltd. Ambar Protein Inds. Ltd. Atul Oilcake Inds. Ltd. Bunge India Pvt. Ltd. Cargill Foods India Ltd.
Plant capacity: Refined Sunflower Oil: 15,783 Kgs/Day Refined Groundnut Oil: 15,783 Kgs/Day Refined Cotton Seed Oil: 15,783 Kgs/DayPlant & machinery: Rs 558 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1827 lakhs
Return: 29.00%Break even: 53.00%
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JCB Bucket Pin and JCB Tooth Nuts, Bolt and Pin Bush

JCB range of Excavators is the best-in-class, which includes a wide array of large, mid & mini Excavators in the range of 3 – 38 tonnes. The range of Excavators has been designed to carry out various industrial applications like construction, infrastructure, mining, and roads etc. Backed by innovative technology like Advanced Live Link and dependable after-sales support with JCB Premier Line Solutions, JCB excavators offer excellence in undertaking any application. Mechanical Pins are devices used to hold to objects or materials together. They work by being inserted into a hole, which would prevent the movement of the objects to move perpendicular to the shaft of the mechanical pins. They are most effective by countering a sheer force, which is applied between the two materials or objects. They can be used to keep objects in particularly designed locations and prevent them from moving or slipping out of a desired position. Mechanical pins can vary in diameter, material type, coating type, and whether they are solid or tubular. Each of these characteristics adds to their sheer strength and effectiveness and often determines their appropriate application and use. Construction Industry in India has grown exponentially in the recent past. It would not be wrong to say that the industry is maturing in the process. JCB India on its part has been contributing to it by providing world class construction equipment. To cater to the growing needs of the industry, we have in the last decade expanded our range from a couple of models to 20 models and continue to do so. Since, the Indian conditions are unique, JCB is offering products specific to meet the rigors of Indian terrain and conditions. Specialized attachments such as the sweeper collector, submersible pump, hand held tool circuit, ditch cleaning bucket, etc. have been introduced to bring more mechanization and to tap newer segments. A dedicated design centre is being set up at our Pune facility to strengthen the R&D department. This design center in addition to designing India specific products is also going to customize products from our global portfolio for Indian market. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Right Tight Fastners Pvt. Ltd. Pooja Forge Ltd. Patton Electro Ltd. Nipman Fastener Inds. Pvt. Ltd. Micron Precision Screws Ltd. Saveta Engineering Co. Pvt. Ltd.
Plant capacity: JCB Bucket Pin 42 mm Diameter: 1,666.7 Kgs / Day JCB Bucket Pin Bush : 1,666.7 Kgs / Day JCB Bucket Tooth Nuts & Bolt: 1,666.7 Kgs / DayPlant & machinery: Rs 147 lakhs
Working capital: -T.C.I: Cost of Project : Rs 418 lakhs
Return: 27.00%Break even: 56.00%
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Spice Powder (Cryogenic Grinding) (Turmeric, Red Chilli, Coriander, Cumin, Cardamom, Cloves, Cassia, Shah Jeera, & Nutmeg Mace Powder)

Spices are non-leafy parts (e.g. bud, fruit, seed, bark, rhizome, and bulb) of plants used as a flavoring or seasoning, although many can also be used as an 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. India is the largest producer, consumer and exporter of spices Andhra Pradesh, Gujarat, Orissa, Rajasthan are major states producing varieties of spices. The project envisages setting up of a Spices Cryo-grinding unit. This is a new concept in spices processing, which results into higher production with better end product quality (aroma and color), than conventional spices grinding unit. This technology uses liquid nitrogen to control the grinding chamber temperature, the result of which is reduction in loss of volatile essential oils in the spices and higher production rate. There is an increasing demand for organic foods from the consumers, to avoid health hazards caused by pesticides, fertilizers, additives, and other substances that are found in regular food items. This has fueled the demand for organic spices. Additionally, the rising focus on food safety is also inducing food processing companies to prefer organic spices for the production of organic food items. India spices powder and blended spices market is expected to grow at an impressive rate during the forecast period. Major reason for spices powder and blended spices market growth in India is that India has the largest foodie population in the world, which is largely inclined towards spicy and tasty food. Besides this, increased consumption of packaged foods and rising disposable income are factors for market growth. Increasing working population with limited time for cooking has increased the demand for convenience foods, ultimately increasing the demand for packaged spice products. There are several benefits of buying packaged spices compared to lose spices as there are less chances of contamination and assurance of highest quality. Additionally, with the growing consumer preference towards convenience and high-quality products, the demand for branded and packaged spice products is expected to increase across the country. The Indian pure packaged and blended spices market has grown with a CAGR of more than 8% in the forecast period FY 2018-19 to FY 2022-23. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Gokul Agro Inds. Ltd. Indian Chillies Trdg. Co. Ltd. Indian Products Pvt. Ltd. Eastern Condiments Pvt. Ltd. Jeet (India) Pvt. Ltd. M V J Foods (India) Pvt. Ltd. M V J Spices (India) Pvt. Ltd. Nedspice Processing India Pvt. Ltd. S S P D L Real Estates India Pvt. Ltd. S S P D L Realty India Pvt. Ltd.
Plant capacity: Turmeric Powder : 900 Kgs / Day Red Chilli Powder: 900 Kgs / Day Cardamom Powder: 900 Kgs / Day Coriander Powder: 900 Kgs / Day Cumin Powder: 900 Kgs / Day Cloves Powder : 875 Kgs / Day Cassia (Cinnamon) Powder: 875 Kgs / DPlant & machinery: Rs 184 lakhs
Working capital: -T.C.I: Cost of Project: Rs 844 lakhs
Return: 32.00%Break even: 56.00%
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Aluminium Ingots from Aluminium Scrap

Ingots are very large casting products, greater in size and shape than blooms, billets and slabs. Ingot generally has rectangular/square cross section, but it is not necessary that it should be uniform throughout its length. Aluminium Alloy Ingots Like LM-2, LM-4, LM-6 which are commonly used in Gravity and Sand Casting, Pressure Die Casting Alloys like LM-13, LM-14, LM-24, ADC-12, ALSI-132 etc. are also being manufactured as per the Indian and International standards. Global Aluminium Alloy Market is estimated to reach USD 141610 million by 2026, growing at a CAGR of 8.31 % between 2018 and 2026. Vedanta has increased the prices of aluminium ingots, billets and wire rods by more than 1%. The aluminium business accounted for a third of Vedanta's consolidated sales in the September quarter. Vedanta’s net sales stood at INR 21,739 crore, down from INR 22,432 crore in the same period last year. Aluminium ingots advanced at the non-ferrous metal market here today on sockets’ buying amidst rising demand from consuming industries. Exports of aluminium ingots from India have been nearly stagnant over the last three years at around 200 tonnes per annum. It is, therefore, recommended that Aluminium Ingots be included under the Interest Subvention Scheme. An aluminium ingot constitutes 25 to 30% of the total aluminium consumed in India. The market for aluminium ingots in India has been growing at around 12% per annum during the last few years. Jindal Aluminum and Hidalgo are the largest players in the Extrusion segment with combined market share of 30%. Other than FRP and Extrusion, Castings is one large segment which primarily serves the automotive market and mostly uses Aluminum in the Scrap form. India's share in world aluminium market is estimated at around 3%. India ranks fifth in bauxite production after Australia (62 mn tonnes), Guinea (17.50 mn tonnes), Brazil (16.20 mn tonnes) and China (10.75 mn tonnes). With a total output of 9.25 mn tonnes, the country contributes about 6% of the world's total production of 159 mn tonnes, India holds the fifth position in reserves base and is ahead of China with 2300 mn tonnes. India ranked seventh in alumina production with a total output of 3 mn tonnes, a share of nearly 5% of the global production of 61 mn tonnes. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Gravita India Ltd. Indo Alusys Inds. Ltd. Shree Balaji Alumnicast Pvt. Ltd. Sree Sumangala Metals & Inds. Pvt. Ltd. Varron Industriies Pvt. Ltd. Vijayshree Alloys (Pune) Pvt. Ltd.
Plant capacity: Aluminium Alloy Ingots: 24 MT / Day Aluminium Scrap: 0.40 MT / Day Plant & machinery: Rs 1192 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1736 lakhs
Return: 26.00%Break even: 46.00%
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Urea Fertilizer

Fertilizers provide three primary nutrients: Nitrogen (N), Phosphorus (P) and Potassium (K). Nitrogen supports vegetative growth. Phosphorus improves roots and flowering. Potassium strengthens resistance to environmental assaults, from extreme temperatures to pest attacks. Urea is the most important nitrogenous fertilizer in the market, with the highest Nitrogen content (about 46 percent). It is a white crystalline organic chemical compound. Urea is neutral in pH and can adapt to almost all kinds of soils. It is a waste product formed naturally by metabolizing protein in humans as well as other mammals, amphibians and some fish. Urea is widely used in the agricultural sector both as a fertilizer and animal feed additive. Urea is usually spread at rates of between 40 and 300 kg/ha (35 to 270 lbs/acre) but rates vary. Smaller applications incur lower losses due to leaching. During summer, urea is often spread just before or during rain to minimize losses from volatilization (a process wherein nitrogen is lost to the atmosphere as ammonia gas). Urea and ammonia together account for over 50% of the total nitrogenous fertilizer market share in terms of both volume and revenue. Urea is also leading the product type segment in the market in terms of growth owing to its higher volume of consumption and affordable cost compared to the other products. It is majorly preferred for acidic soil for crops such as corn, strawberries, and blueberries. Growing health awareness globally has driven the demand for pulses owing to their dietary protein content. Pulses can convert and utilize the atmospheric nitrogen and hence consume less volume of fertilizers compared to the other crops. Both these crops have a demand-supply gap, as their annual yield does not meet the global requirement. These factors are anticipated to increase the usage of nitrogen fertilizers for the production of oilseeds & pulses, thus leading to an annual revenue growth rate of 5.1% from 2019 to 2025 in the market. Entrepreneurs who invest in this project will be successful.
Plant capacity: Urea Fertilizer : 972.2 MT / DayPlant & machinery: Rs 4320 lakhs
Working capital: -T.C.I: Cost of Project : Rs 15110 lakhs
Return: 27.00%Break even: 56.00%
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Lithium Ion Battery (Battery Assembly)

Lithium batteries are now powering a wide range of electrical and electronically devices, including laptop computers, mobile phones, power tools, telecommunication systems and new generations of electric cars and vehicles. Lithium metal batteries and lithium ion batteries. Basically, the difference between them is that lithium metal batteries are those that are not rechargeable, thus, primary, and lithium ion batteries are those that can be recharged. As an example, your laptop or cell phone is likely to have a lithium ion battery, whereas your watch may have a lithium metal battery. The India lithium-ion battery market is expected to grow at a robust CAGR of 29.26% during the forecast period, 2018-2023. The Indian automobile sector is one of the most prominent sectors of the country, accounting for nearly 7.1% of the national GDP. The industry produced a total of 25.31 million vehicles, including commercial, passenger, two, and three vehicles and commercial quadricycle in April-March 2017, as against 24.01 million in April-March 2016. However, India has set itself an ambitious target of having only electric vehicles (EV) by 2030, which is expected to increase the demand for lithium-ion batteries in India, significantly. “In the coming years, India is expected to witness substantial investments by various companies to set up their Li-ion battery manufacturing base in the country. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under H B L Power Systems Ltd. Luminous Power Technologies Pvt. Ltd. Okaya Power Pvt. Ltd. Eon Electric Ltd. Carborundum Universal Ltd. Bharat Electronics Ltd.
Plant capacity: 48 Volt, 60 AH Lithium-Ion Battery Pack : 5 Nos / Day 48 Volt, 80 AH Lithium-Ion Battery Pack : 5 Nos / Day 48 Volt, 100 AH Lithium-Ion Battery Pack : 5 Nos / Day 60 Volt, 20 AH Lithium-Ion Battery Pack : 5 Nos / Day 60 Volt, 30 AH Lithium-Ion Battery PacPlant & machinery: Rs 306 lakhs
Working capital: -T.C.I: Cost of Project : Rs 648 lakhs
Return: 28.00%Break even: 62.00%
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Sanitary Napkins

Sanitary Napkin comes under Nonwoven fabrics which as a whole come under technical textile. Technical textiles are defined as textile materials and products used primarily for their technical performance and functional properties rather than their aesthetic or decorative characteristics. Some example of technical textile is as follows: Fabrics - Reinforcement for composites, cushioning, fillings, electrical components, Insulation, Sports equipment, toys. Yarn types product - Sutures, Ropes, Fishing gears, shoe components, swings, etc. The Indian sanitary napkin market reached a value of nearly US$ 414 Million in 2016, the market is expected to reach a value of around US$ 596 Million by 2022, growing at a CAGR of more than 6% during 2017-2022. Today, the global market for absorbent hygiene products is over US$ 50 bn (including wipes). The evolution of hygiene products in Europe and the North America has taken 4 to 5 generations. Feminine care was introduced over 100 years ago. Baby diapers were invented 60 years ago. Adult incontinence products appeared 30 years ago. Feminine hygiene (lady napkins) is hygiene absorbent products engineered to absorb and retain body fluid without causing any leakage. The user should always feel dry and comfortable. It consists of an absorbent pad sandwiched between two sheets of nonwoven fabric. There are 3 major types of products, viz, (a) Thick sanitary napkins. (b) Ultra thin sanitary napkins. (c) Panty liners being used in the market. The size of each and their content vary from market to market. Feminine hygiene products have seen a moderate growth in the recent years in India. However, rapid urbanization, growing middle class people, rising awareness, growing number of working women and the increasing availability of products like sanitary napkins have been some of the major growth drivers of feminine hygiene market in India. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Diapers India Ltd. Johnson & Johnson Pvt. Ltd. Nobel Hygiene Pvt. Ltd. Tainwala Personal Care Products Pvt. Ltd. Regency Diaper Inds. Ltd. Vandana Surgi Pharma Pvt. Ltd. Mediklin Healthcare Ltd.
Plant capacity: Sanitary Napkins: 16,800Pkts. / Day (Each Packet = 6 Pcs.)Plant & machinery: Rs 42 lakhs
Working capital: -T.C.I: Cost of Project: Rs 244 lakhs
Return: 28.00%Break even: 63.00%
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Pan Masala Sada, Meetha & Zarda

Pan Masala is a balanced mixture of betel leaf with lime, areca nut, clove, cardamom, mint, tobacco, essence and other ingredients. It is an agricultural product with herbal properties, also available in hygienic pack and pouches. It acts as a mouth freshener and unlike other Western synthetic pan masala made with chemical and petroleum ingredients, the Indian pan masala is safe. But excessive use may have adverse effect. Pan Masala is a mixture of nuts, seeds, herbs, and spices which is served after meals in India. Despite its growing demand in rural areas, pan masala is gaining prominence in urban areas of India. Factors like its immense popularity, constantly increasing disposable incomes, convenient packaging, aggressive advertising campaigns by manufacturers and the large-scale switching of consumers from tobacco products to pan masala are currently encouraging the growth of pan masala market. The custom of chewing breath fresheners after meals has a very long history, particularly in India. Pan Masala is a balanced mixture of areca nuts (also known as supari), catechu, cardamom, lime, flavouring agents and some natural perfuming materials. It is widely used to remove the bad odour of the mouth by providing a fresh breath and comes in attractive user-friendly packets and containers. Paan is consumed by an estimated 200-400 million people, mainly Indo-Asians and Chinese. India is the largest consumer of betel nut, or what we call the paan in the world. The culture of paan eating rose to the zenith in North India as a mark of cultural custom and sophistication, especially in Lucknow and the North-east. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Alliance One Inds. India Pvt. Ltd. Ashok & Company Pan Bahar Ltd. Baba Global Ltd. Dharampal Premchand Ltd. Dharampal Satyapal Ltd. Pan Parag India Ltd Prabhat Zarda Factory India Pvt. Ltd.
Plant capacity: Sada Pan Masala (10 gms Size each Pouch): 165 Kgs / Day Meetha Pan Masala (4 gms Size each Pouch): 165 Kgs / Day Pan Masala with Zarda (7.5 gms + 1 gm Size each Pouches): 170 Kgs / DayPlant & machinery: Rs 21 lakhs
Working capital: -T.C.I: Cost of Project : Rs 64 lakhs
Return: 30.00%Break even: 72.00%
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Spices • Mirchi Powder • Turmeric Powder • Sambhar Powder • Biryani Masala

Spices impart aroma, color and taste to food preparations and sometimes mask undesirable odors. The volatile oils from spices give the aroma and the oleoresins impart the taste. There is a growing interest in the theoretical and practical aspects of the inner biosynthetic mechanisms of the active principles in spices, as well as in the relationship between the biological activity and the chemical structure of these secondary metabolites. The antioxidant properties of herbs and spices are of particular interest in view of the impact of oxidative modification of low-density lipoprotein cholesterol in the development of atherosclerosis. All spice is a soothing, anti-inflammatory, and carminative spice. It has been positively linked to reducing cancer, improving oral health, stimulating digestion, facilitating bone growth, boosting the immune system, reducing blood pressure, and acting as an analgesic or anesthetic substance. Chilly is the largest produced spice in India. It contributed to the tune of ~% of the world production. This spice is used majorly in curried cuisines. It is also used in curry power, seasoning and other such spice mixes. MDH was the dominating player in FY’2015, with a market share of ~% in the total revenues generated from the sales of spices in the organized segment. The major factor for the dominance of MDH is the gigantic distribution network comprising of 1,000 wholesalers and more than 400,000 retailers in India. The Indian spices market is pegged at Rs 40,000 crore annually, of which the branded segment makes up 15 per cent. The population in India is surging and the increasing consumer expenditure on food explains the swelling demand for food in India. Accordingly, the demand for spices is expected to grow in the future which will lead to a prominent growth in the revenues from the sales of spices in India. The revenues from India market are expected to expand to around USD 18 billion in FY’2020, growing with a CAGR of ~% from FY’2016 to FY’2020. The highest contribution to this growth is expected to come from the spice mixes and blended spices. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Akay Spices Pvt. Ltd. A V T Mccormick Ingredients Pvt. Ltd. Empire Spices & Foods Ltd. Indian Chillies Trdg. Co. Ltd. General Commodities Pvt. Ltd. Indian Products Pvt. Ltd. Jeet (India) Pvt. Ltd. Kedar Spices Ltd. Kitchen Xpress Overseas Ltd. M V J Foods (India) Pvt. Ltd. M V J Spices (India) Pvt. Ltd. Nedspice Processing India Pvt. Ltd.
Plant capacity: Turmeric Powder : 1,000 Kgs. / Day Red Chilli Powder: 1,000 Kgs. / Day Sambhar Powder: 1,000 Kgs. / Day Biryani Masala: 1,000 Kgs. / DayPlant & machinery: Rs 78 lakhs
Working capital: -T.C.I: Cost of Project: Rs 539 lakhs
Return: 28.00%Break even: 56.00%
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Recycled Polyester Fiber from used PET Bottles

Polyester is popular because it resists stretch and wrinkles, provides flexibility and comfort, doesn’t shrink, and is easy to wash and wear. It’s easily blended with cotton and wool and can pack serious durability and weather resistance. However, these qualities come with a significant cost. Polyester is not biodegradable. It’s made from crude oil, which tops the charts as the most polluting industry in the world. Similarly, polyester dyes are far from environmentally friendly?—in fact, they’re toxic to humans. Lastly, the process of creating polyester is energy-intensive and requires large quantities of water. Polyesters are also used to make bottles, films, tarpaulin, sails (Dacron), canoes, liquid crystal displays, holograms, filters, dielectric film for capacitors, film insulation for wire and insulating tapes. Polyesters are widely used as a finish on high-quality wood products such as guitars, pianos and vehicle/yacht interiors. Thixotropic properties of spray-applicable polyesters make them ideal for use on open-grain timbers, as they can quickly fill wood grain, with a high-build film thickness per coat. Cured polyesters can be sanded and polished to a high-gloss, durable finish. It is assumed that there are approximately 165 million tons of plastics in the ocean which could be more the weight of fisheries by 2050. As there requires only some extra arrangement as a regular process could be much more effective to the environment. Only mixing the concept of plastic bottle melt filtration and fiber formation is required. By recycling, we could make a wide range of polyester fabric and at the same time, we could make a safer world. The concern for Recycled PET (RPET) has escalated in the recent years. PET bottles, which form the major market of PET packaging resin (94%), are the most important from the point of recycling. More than 90% of PET is consumed in food packaging with drinks/beverages forming almost 80% of the food packaging segment. Since drinks and beverages are consumed mostly in residential houses, railway stations, restaurants, entertainment venues, airports and other public places, the importance of organized collection and recycling of post-consumer PET bottles needs to be over emphasized. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Indo Rama Synthetics (India) Ltd. India Polyfibres Ltd. B L S Ecotech Ltd. Bombay Dyeing & Mfg. Co. Ltd. Arora Fibres Ltd. Appollo Fibres Ltd. A G L Polyfil Pvt. Ltd.
Plant capacity: Recycled Polyester Fiber: 5,000 Kgs / DayPlant & machinery: Rs 73 lakhs
Working capital: -T.C.I: Cost of Project : Rs 353 lakhs
Return: 28.00%Break even: 53.00%
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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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