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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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Plastic Waste Recycling Plant

Waste is now a global problem, and one that must be addressed in order to solve the world's resource and energy challenges. Plastics are made from limited resources such as petroleum, and huge advances are being made in the development of technologies to recycle plastic waste among other resources. Mechanical recycling methods to make plastic products and feedstock recycling methods that use plastic as a raw material in the chemical industry have been widely adopted, and awareness has also grown recently of the importance of Thermal recycling as a means of using plastics as an energy source to conserve petroleum resources. Plastic, in many applications, can do a better job at a lower cost than other materials. Each plastic should be selected on the basis of its properties. Thus, each plastic is not an answer to all problems. Here in this project report we have considered Ten Plastic materials, out of that major four plastic materials have LDPE, HDPE, PP, Pet bottles and Derlin. Industrial applications like various components for Textiles, Transport Containers, Storage Containers, Bottle crates, Galvanized components for Automobiles and plumbing, woven sacks for packing a variety of products like fertilizers, powdered chemicals, pesticides, etc. sheet lining of Tanks/Vessels for chemicals. Plastic recycling refers to a process that is performed either mechanically or chemically to recover plastic waste from discarded items for production of reusable plastic. The global plastic recycling market has been gaining a steady momentum over the past few years due to the growing awareness about carbon emissions and the need to reduce them. Citing this reason, the report states that the global plastic recycling market, which was valued at US$31.5 bn in 2015 is expected to reach a figure of US$56.8 Bn by 2024. During the forecast period of 2016 and 2024, the global market is expected to progress at a CAGR of 6.9%. The market is witnessing growth due to a growing preference for recycled plastics over virgin plastics as a result of severe pollution caused by the disposal of used plastics in oceans and the scarcity of landfill areas in many countries. Factors such as increasing use of recycled plastics in many new applications in the packaging, automotive and the electrical & electronics industry and many favorable initiatives promoting the use of recycled plastics worldwide offer lucrative opportunities for the growth of the recycled plastics market. Higher cost of recycled plastics. Stringent competition with virgin plastics in terms of performance is a major factor restraining the growth of the market. The ban on import of certain waste plastic scraps to China and irregular collection of the waste plastics for its reprocessing are some of the factors challenging the growth of the global recycled plastics market globally. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Garden Polymers Pvt. Ltd. Himalayan Packaging Inds. Pvt. Ltd. Kkalpana Industries (India) Ltd. South Asian Petrochem Ltd. Renaissance Corporation Ltd. Jain Plastics & Chemicals Ltd
Plant capacity: Recycled PP Granules: 578 Kgs / Day Recycled LDPE Granules : 720 Kgs / Day Recycled HDPE Granules: 727 Kgs / Day Recycled Delrin Granules: 475 Kgs / Day Recycled PET Granules: 2,500 Kgs / DayPlant & machinery: Rs 144 lakhs
Working capital: -T.C.I: Cost of Project : Rs 380 lakhs
Return: 26.00%Break even: 68.00%
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Herbal Toothpaste

Toothpaste is a paste or gel to be used with a toothbrush to maintain and improve oral health and aesthetics. Since their introduction several thousand years ago, toothpaste formulations have evolved considerably - from suspensions of crushed egg shells or ashes to complex formulations with often more than 20 ingredients. Among these can be compounds to combat dental caries, gum disease, malodor, calculus, erosion and dentin hypersensitivity. Global Herbal Toothpaste Market 2020 is on track to obtain a growth rate of 5.22% between 2019 and 2024. The global herbal toothpaste market has been segmented based on pack size, distribution channel, and region. The global market has been classified, based on pack size, as 25gm, 50 gm, 100gm, and others. The global market has been segmented, based on distribution channel, store-based, and non-store-based. The store-based segment has been further bifurcated into supermarkets & hypermarkets, convenience stores, and others. However, the herbal toothpaste market may benefit from the tariff wars imminent as a result of the Covid-19 crisis, as countries may aim to reduce imports of chemical-based toothpastes that China has taken a lead in, thereby boosting the herbal toothpaste market. The growing intake of tobacco and its rising negative impact on the oral health has driven the sale of easy to go and convenient oral care herbal products worldwide. Renowned firms in the market are taking up several initiatives to promote the sales of herbal toothpastes by spreading awareness about the benefits of these products. They are trying to convince consumers about the high effectiveness of herbal toothpastes in maintaining oral health and dental hygiene. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Colgate-Palmolive (India) Ltd. Dabur India Ltd. Herbalife International India Pvt. Ltd. Organic India Pvt. Ltd. Vicco Products (Bombay) Pvt. Ltd. Patanjali Ayurved Ltd.
Plant capacity: Herbal Toothpaste 30 gms Size Tubes: 32,000 Tubes / Day Herbal Toothpaste 80 gms Size Tubes: 12,000 Tubes / DayPlant & machinery: Rs 83 lakhs
Working capital: -T.C.I: Cost of Project : Rs 812 lakhs
Return: 34.00%Break even: 40.00%
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Aluminum Ingots from Aluminum Scrap with Dross Processing

Aluminium is a chemical element. It is a silvery white, soft, ductile metal. Aluminium is the third most abundant element (after oxygen and silicon), and the most abundant metal, in the Earth's crust. It makes up about 8% by weight of the Earth's solid surface. Aluminium metal is so chemically reactive that native specimens are rare and limited to extreme reducing environments. Instead, it is found combined in over 270 different minerals. Aluminium is remarkable for the metal's low density and for its ability to resist corrosion due to the phenomenon of passivation. Structural components made from aluminium and its alloys are vital to the aerospace industry and are important in other areas of transportation and structural materials. Indian aluminium industry is on a strong growth trajectory. Piggybacking buoyancy in the power and automotive sectors, the light metal used in appliances to aerospace, grew at a CAGR (compounded annual growth rate) of eight per cent during 2011-16. The same uptrend is expected to continue till 2020. The ‘Make in India’ drive will provide a further boost to the demand catapulting it to a level of five million tonnes (mt) by 2020 and eight mt by 2025 from the current 3.2 mt. India’s building and construction sector is another sector where aluminium will find enhanced application. In a bid to adhere to international sustainability standards, more of aluminium construction systems will be used for upcoming housing projects. Further, the defense sector of the country is opening up a gamut of opportunities for aluminium, which is used in defiance equipment like ammunition hardware, military aircraft, and missiles in the form of rolled sheets, extrusions and forgings. Rise in infrastructure development and automotive production are encouraging development in the metals and mining sector in India. India has vast mineral potential with mining leases granted for longer durations of 20 to 30 years. India produces 95 minerals– 4 fuel-related minerals, 10 metallic minerals, 23 non-metallic minerals, 3 atomic minerals and 55 minor minerals (including building and other minerals). The metal industry is a crucial sector in the Indian economy as it meets the requirements of a wide range of industries including engineering, electrical and electronics, infrastructure, automobile and automobile components, packaging etc. The metal industry comprises of two major segments: ferrous metals and non-ferrous metals. Ferrous metals primarily consist of iron and different varieties of steel. Non-ferrous metals, which include aluminium, copper, zinc, lead, nickel and tin, are used to make alloys, castings, forgings, extrusions, wires, cables and pipes. India has nearly 10% of the world’s bauxite reserves and a growing aluminium sector that leverages this. Demand in the domestic market is expected to raise by 8-10%. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Baheti Metal & Ferro Alloys Ltd. Bothra Metals & Alloys Ltd. Gravita India Ltd. Indo Alusys Inds. Ltd. Nealex Alloys Pvt. Ltd. Shree Balaji Alumnicast Pvt. Ltd. Sree Sumangala Metals & Inds. Pvt. Ltd.
Plant capacity: Aluminium Ingots: 12.5 MT / DayPlant & machinery: Rs 301 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1057 lakhs
Return: 27.00%Break even: 53.00%
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Herbal Health Drink

A drink (or beverage) is a liquid intended for human consumption. In addition to their basic function of satisfying thirst, drinks play important roles in human culture. Common types of drinks include plain drinking water, milk, etc. The Herbal Health Drink is a blend of juices extracted from freshly procured with quality herbs. The Drink is waterless, preservative less, without the use of artificial flavors. The combined goodness of the ingredients helps in keeping the energy levels high apart from helping in unblocking heart arteries, controlling high blood pressure, bad cholesterol, arthritis, cough & cold, constipation. Apple Cider Vinegar may help to restore the low acidic levels in stomach, thus improving digestion. It also helps in reducing acidity and bloating. The soft drinks industry, which is launching energy drinks, has to address the issues and concerns raised by WHO and other agencies. Otherwise the industry might face many challenges and hurdles. With huge investments coming from cola giants in the coming years, the Indian energy drinks market can witness launch of natural healthy nutrition drinks in the coming years. Global Herbal Tea Market is expected to register a CAGR of 4.94% to reach USD 4,226.9 Million by 2025. Herbal teas or tisanes are caffeine-free and do not use the leaves of the Camellia silences plant. Tisanes are made using a mixture of dried leaves, seeds, grasses, nuts, barks, fruits, flowers, or other botanical elements that provide taste and various health benefits. The global herbal tea market has been largely benefited by the high demand for functional beverages and the launch of new and innovative flavors. Several tea producers are entering the food & beverage industry, which is contributing to the growth of the herbal tea market across the globe. Furthermore, the market players are expected to witness growth opportunities due to the rising demand for organic products due to health concerns caused by chemical additives present in conventional products. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Aayush Food & Herbs Ltd. Apeejay Tea Ltd. Dabur India Ltd. Danone (India) Pvt. Ltd. Dumex Ltd. Herbalife International India Pvt. Ltd. Organic India Pvt. Ltd. Patanjali Ayurved Ltd.
Plant capacity: Herbal Health Drink 200 ml Size Bottle : 30,000 Bottles / Day Herbal Health Drink 500 ml Size Bottle : 12,000 Bottles / DayPlant & machinery: Rs 27 lakhs
Working capital: -T.C.I: Cost of Project: Rs 328 lakhs
Return: 28.00%Break even: 52.00%
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Plastic Pyrolysis (Waste Plastic to Oil Conversion)

During pyrolysis, plastic polymers are thermally degraded by heating them in the absence of oxygen. The main products of the pyrolysis process are liquid and gaseous, producing only a small amount of solid. The pyrolysis process is one of the most promising technologies in the conversion of waste plastics into high quality oil. The quantity and quality of the pyrolysis products depend on the waste plastics composition and the process parameters (temperature, residence time, catalyst, etc.) Waste plastic pyrolysis in liquid fuel (gasoline, diesel oil, etc.) or chemical raw materials not only can effectively solve the problem of white pollution, but also can alleviate the energy shortage to a certain extent. Recycling of waste plastics is expected to become the most effective way. Waste plastics’ recycling, regenerating, and utilizing have become a hot spot of research and gradually formed a new industry. Plastic has created a worldwide epidemic of increased waste disposal issues in key economies and developing countries. Thus, the implementation of stringent regulations has compelled market players in the recycled plastic and plastic waste to oil market to devise environmental-friendly strategies to convert plastic waste into useful fuel. The global plastic waste to oil market is expected to increase from ~US$ 45 Mn in 2019 to ~US$ 100 Mn by 2027. Plastic waste to oil can be defined as a technology that is used to convert non-recycled plastic into synthetic crude oil and other value-added petroleum products such as diesel, gasoline, naphtha, and fuel oil. This is an advanced waste conversion technology that is considered complementary to the existing plastic recycling technology. Plastic waste to oil technology has high potential, as landfill-bound plastics can be used as a resource to develop a valuable alternative fuel source. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Chevron Phillips Chemicals India Pvt. Ltd. Dream Green Petro-Chem Pvt. Ltd. M K Aromatics Ltd.
Plant capacity: Pyrolysis Oil: 5 MT / Day Carbon (by product): 1.67 MT / Day Gas (by product): 1 MT / DayPlant & machinery: Rs 92 lakhs
Working capital: -T.C.I: Cost of Project : Rs 312 lakhs
Return: 27.00%Break even: 58.00%
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Carbon Fibre

Carbon fibers are usually combined with other materials to form a composite. When combined with a plastic resin and wound or molded it forms carbon fiber reinforced polymer (often referred to as carbon fiber) which has a very high strength-to-weight ratio, and is extremely rigid although somewhat brittle. However, carbon fibers are also composited with other materials, such as with graphite to form carbon-carbon composites, which have a very high heat tolerance. Carbon fibers are, by far, the most widely used fiber in high-performance applications. This important technology has huge potential for the future and it is expected to have a significant impact in the manufacturing industry within India and, therefore, coordination and strategic road mapping actions are required. Composites have been widely used across industries like aerospace, wind energy, automotive, industrial, marine, oil and gas. Advanced carbon fiber composites are comparatively more expensive than metals. The choice of composites is tradeoff between cost and performance. As a result, carbon composites have made their impact in high performance vehicles, such as, jet fighters, space craft, racing cars, racing yachts and exotic sports cars. The values of global carbon fibre sales in these areas ($2.034 billion) do not, however, correspond to the volumes of carbon fibre used in the various application areas. The report adds that aerospace and defiance, for example, uses only 18% of the total quantity of carbon fibre but accounts for around 40% of the value of global sales. This sector consumed 15,000 tonnes of carbon fibres in 2012 and could reach 23,000 tonnes in 2016 and 37,000 tonnes in 2020. These figures are however less optimistic that those that were forecast by the specialists in previous years. Indeed, even if the pressure to use renewable energies is high and if legislation is increasingly restrictive, the policies of the public authorities in terms of subsidies and development strategies (offshore wind farms, etc.) can have a decisive influence on the market for composites. The carbon fiber market is projected to grow from USD 4.7 billion in 2019 to USD 13.3 billion by 2029, at a CAGR of 11.0% between 2019 and 2029. The market is growing due to its increasing demand from aerospace & defense, automotive, and wind energy industries. Entrepreneurs who invest in this project will be successful.
Plant capacity: Carbon Fibre: 1,000 Kgs / DayPlant & machinery: Rs 194 lakhs
Working capital: -T.C.I: Cost of Project : Rs 623 lakhs
Return: 27.00%Break even: 63.00%
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CARBON BLACK (Furnace Black Process)

Carbon black is virtually pure elemental carbon in the form of colloidal particles that are produced by incomplete combustion or thermal decomposition of gaseous or liquid hydrocarbons under controlled conditions. Its physical appearance is that of a black, finely divided pellet or powder. Its use in tyres, rubber and plastic products, printing inks and coatings is related to properties of specific surface area, particle size and structure, conductivity and color. Carbon black is also in the top 50 industrial chemicals manufactured worldwide, based on annual tonnage. Current worldwide production is about 8.1 million metric tons. Approximately 90% of carbon black is used in rubber applications, 9% as a pigment, and the remaining 1% as an essential ingredient in hundreds of diverse applications. Global consumption is forecast to maintain a CAGR (compound annual growth rate) of 5.6% between 2016 and 2022, reaching 19.2 million metric tons, valued at US$20.4 billion, by 2022. The most common use (70%) of carbon black is as a pigment and reinforcing phase in automobile tyres. Carbon black also helps conduct heat away from the tread and belt area of the tyre, reducing thermal damage and increasing tyre life. About 20% of world production goes into belts, hoses, and other non-tyre rubber goods. The balance is mainly used as a pigment in inks, coatings and plastics. The demand for carbon black in India stood at 984.63 thousand tonnes in 2018 and is projected to grow at a CAGR of 5.82% during 2019-2030 to reach 1853.84 thousand tonnes by 2030. Growth in the Indian packaging industry has increased the demand for carbon black in food packaging, industrial film, lamination and carrier bags and high-quality protective packaging applications. Furthermore, the Indian government’s mission to make India a 100% electric vehicle nation by 2030 under the new National Electric Mobility Mission Plan is expected to push the demand for automobiles in the coming years. This demand in turn would aid growth in ancillary industries such as tire industry, which use carbon black as their primary raw material. Moreover, the demand for industrial rubber such as in conveyor belts and hoses is anticipated to positively influence the demand for carbon black in India during 2019-2030. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Birla Carbon India Pvt. Ltd. Cabot India Ltd. Continental Carbon India Ltd. Mitsubishi Chemical India Pvt. Ltd. Murablack India Ltd. Goodluck Carbon Pvt. Ltd.
Plant capacity: Carbon Black: 33.3 MT / DayPlant & machinery: Rs 426 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1722 lakhs
Return: 27.00%Break even: 50.00%
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Toothpaste

Toothpaste is a paste or gel to be used with a toothbrush to maintain and improve oral health and aesthetics. Since their introduction several thousand years ago, toothpaste formulations have evolved considerably - from suspensions of crushed egg shells or ashes to complex formulations with often more than 20 ingredients. Among these can be compounds to combat dental caries, gum disease, malodor, calculus, erosion and dentin hypersensitivity. Furthermore, toothpastes contain abrasives to clean and whiten teeth, flavors for the purpose of breathe freshening and dyes for better visual appeal. Effective toothpastes are those that are formulated for maximum bioavailability of their actives. This, however, can be challenging as compromises will have to be made when several different actives are formulated in one phase. Toothpaste development is by no means complete as many challenges and especially the poor oral substantively of most active ingredients are yet to overcome. The global toothpaste market is projected to grow at a CAGR of 6.1% during the forecast period. The toothpaste market was valued at USD 26.09 billion in 2018, and it is projected to reach USD 36.98 billion by 2024. Increasing dental problems among children and adults, due to poor eating habits, and the rise in popularity for herbal oral care products are the factors primarily driving the global toothpaste market. Moreover, rising premiumization and consumers seeking more targeted solutions are accelerating the growth of the market studied. The rise in consciousness of oral health has helped vendors introduce oral hygiene product categories, such as teeth-whitening products. One of the popular products used for teeth whitening is whitening toothpaste. Manufacturers offer toothpaste with teeth-whitening functionality that differs from ordinary toothpaste. To improve market position, manufacturers are constantly focusing on implementing innovative strategies and introducing a broad portfolio of products. Entrepreneurs who invest in this project will be successful.
Plant capacity: White Toothpaste 50 gms Size: 96,000 Tubes / Day White Toothpaste 240 gms Size: 16,800 Tubes / Day Striped Toothpaste 180 gms Size: 33,600 Tubes / Day Gel Toothpaste 120 gms Size: 67,200 Tubes / DayPlant & machinery: Rs 308 lakhs
Working capital: -T.C.I: Cost of Project : Rs 6936 lakhs
Return: 36.00%Break even: 34.00%
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Oxygen Gas Plant (Medical Grade)

Oxygen gas comprises 21 percent of atmospheric gas. Its symbol is O2. Atomic weight of oxygen is 16, atomic no. is 8 and molecular weight is 32. Oxygen gas is non metallic element. Oxygen is colorless, odorless and tasteless. Oxygen reacts with all elements, but not with inert gases to form compound called oxides. Medical oxygen is high purity oxygen that is used for medical treatments and is developed for use in the human body. Medical oxygen cylinders contain a high purity of oxygen gas; no other types of gases are allowed in the cylinder to prevent contamination. Medical oxygen is important in the healthcare industry because of its several uses. Some of the major uses & application of medical grade O2 are mentioned below. Commonly medical oxygen is administered in medical facilities like hospitals and clinics. It’s used during anesthesia, first aid resuscitation for emergencies, life support for patients who can’t breathe on their own, and oxygen therapy. Medical Oxygen Gas Cylinders Market is valued at USD 8.30 Billion in 2018 and expected to reach USD 14.41 Billion by 2025 with the CAGR of 6.2% over the forecast period. Rising prevalence of chronic diseases and infectious like Covid-19, cancer, asthma, diabetes, heart attack etc. and surge in global geriatric population are some important factors driving the growth of medical oxygen gas cylinders market. Oxygen cylinders are needed for the rising demand of hospitals, home care settings and many others. Medical oxygen gas cylinders are present in different sizes depending upon the requirement. In hospitals, oxygen gas therapy is implemented on the patients for the treatment of chronic health conditions to improve energy levels, sleep and a better quality life of patients. Oxygen is widely used in hospitals for the treatment of a number of acute and chronic diseases. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Bellary Oxygen Co. Pvt. Ltd. Bhilai Oxygen Ltd. Govind Poy Oxygen Ltd. Howrah Gases Ltd. Linde India Ltd. Praxair India Pvt. Ltd.
Plant capacity: Medical Grade Oxygen Gas 28.5 Kgs : 180 Cylinders / DayPlant & machinery: Rs 284 lakhs
Working capital: -T.C.I: Cost of Project : Rs 596 lakhs
Return: 23.00%Break even: 58.00%
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Roll Forming with Metal Beam, Highway Guard Crash Barrier and Galvanizing Plant

Metal Beam, Highway Guard Crash Barrier Traffic barriers also known as guardrails or guard rails and in Britain as crash barriers keep vehicles within their roadway and prevent them from colliding with dangerous obstacles such as boulders, sign supports, trees, bridge abutments, buildings, walls, and large storm drains, or from traversing steep (non-recoverable) slopes or entering deep water. They are also installed within medians of divided highways to prevent errant vehicles from entering the opposing carriageway of traffic and help to reduce head-on collisions. Some of these barriers, designed to be struck from either side, are called median barriers. Traffic barriers can also be used to protect vulnerable areas like school yards, pedestrian zones, and fuel tanks from errant vehicles. The market for roads and highways is projected to exhibit a CAGR of 36.16% during 2016-2025, on account of growing government initiatives to improve transportation infrastructure in the country. The road transport and highways ministry has prepared a draft Cabinet note on the Rs.2.6-lakh crore Bharat Mala project that envisages construction of 25,000 km of roads along India's borders, coastal areas, ports, religious and tourist places as well as over 100 district headquarters. India has the second largest road network in the world, spanning a total of 5.89 million kilometers (kms). This road network transports 64.5 per cent of all goods in the country and 90 per cent of India’s total passenger traffic uses road network to commute. Road transportation has gradually increased over the years with improvement in connectivity between cities, towns and villages in the country. Highway construction in India increased at 21.44 per cent CAGR between FY16-FY19. In FY19, 10,855 km of highways were constructed, and the Government has set a target for constructing 12,000 km of national highways in FY20. In March 2020, NHAI (National Highways Authority of India) accomplished the highest ever highway construction of 3,979 kms. In April 2020, the Government set a target of constructing roads worth Rs 15 lakh crore (US$ 212.80 billion) in the next two years. Huge investments have been made in the sector with total investment increasing more than three times from Rs 51,914 crore (US$ 7.43 billion) in 2014-15 to Rs 158,839 crore (US$ 22.73 billion) in 2018-19. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Arcelormittal Nippon Steel India Ltd. Arcelormittal Projects India Pvt. Ltd. Bekaert Industries Pvt. Ltd. Belmaks Solutions Pvt. Ltd. Nippon Steel & Sumitomo Metal India Pvt. Ltd Steel Authority Of India Ltd. System Engineers Cutting & Welding Pvt. Ltd.
Plant capacity: Metal Beam Highway Crash Barrier: 12.5 MT /Day MS Sheet Scrap: 2.5 MT /DayPlant & machinery: Rs 230 lakhs
Working capital: -T.C.I: Cost of Project : Rs 954 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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