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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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Khaini (Chewing Tobacco)

Khaini is the type of smokeless tobacco made from cured tobacco leaves. It may be sweetened and flavored with licorice and other substances. It comes in the form of loose tobacco leaves, pellets or “bits” (leaf tobacco rolled into small pellets), plugs (leaf tobacco pressed and held together with some type of sweetener), or twists (leaf tobacco rolled into rope-like strands and twisted). It is placed in the mouth, usually between the cheek and lower lip, and may be chewed. Chewing tobacco contains nicotine and many chemicals. Also called spit tobacco. Use of a mixture of sun-dried tobacco and slaked lime, known in some areas as khaini, Sada, Surti in India and Nepal, Khaini in Bangladesh, is widespread in Maharashtra and several states of North India, Bangladesh and Tarai belt of Nepal. A regular khaini user may carry a double-ended metal container, one side of which is filled with tobacco and the other with slightly moistened slaked lime. Chewing tobacco was thought to have several medicinal uses, such as to alleviate toothache, to disinfect cuts by spitting the tobacco juice and saliva mixture onto the wound, and to relieve the effects of snake, spider and insect bites The global smokeless tobacco market is projected to grow at a CAGR of 4.7% during the forecast period (2019 - 2024). The revenue forecast in 2025USD 22.24 billion. Chewing tobacco including loose leaf, plug, and roll forms is the fastest-growing segment with a CAGR of 8.1% from 2019 to 2025. Rising demand for chewing tobacco types among consumers due to their low and effective pricing is anticipated to boost the smokeless tobacco products' market growth. The market is also driven by the use of the product for a longer time interval than smoke products, which get finished in a few minutes. Moreover, the availability of various types such as a loose-leaf, twist, and plug, along with packaging types, is likely to fuel the growth of the segment over the forecast period. The India chewing tobacco industry was estimated to expand at a high CAGR over the forecast period. Demand is anticipated to rise due to the adoption of products by women and the old age population in India. Women contribute to about 19.3% and 20% of the consumption of chewing tobacco products such as leaf and pan masala in Pakistan and India, respectively. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Ashok & Company Pan Bahar Ltd Baghban Packers Pvt. Ltd. Ventures Pvt. Ltd. Godfrey Phillips India Ltd. Golden Tobacco Ltd. Kothari Products Ltd.
Plant capacity: Khaini (8 gm Packs): 125,000 Pouches / DayPlant & machinery: Rs 239 lakhs
Working capital: -T.C.I: Cost of Project: Rs 447 lakhs
Return: 27.00%Break even: 50.00%
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Disposable Plastic Syringes

Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. The constantly increasing use of this type Syringe indicates its importance which is based mainly on the advantages it offers regarding cost and hygienic applications. The manufacture of plastic syringes has been developed to such a degree that the products now satisfy the requirements and standards set by Hospital and physicians. At the same time they offer the best possible technique of application to the physician and the highest possible degree of safety to the patient. Disposable Syringes are being used by doctors to inject medicines through intravenous or intramuscular ways for the treatment of diseases & also by research & development personnel. Disposable syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. Disposable needles are becoming more popular in the medical world due to its lower cost and higher accuracy. The procedure is also relatively easy and cheaper. The disposable needle has widely replaced hypodermic needle because of lower cost, easy compatibility and higher sterilization. Disposable needle is widely used by doctors for injection purpose with the help of syringes. With the increase in population in our country, requirement of medicine and injections has increased. The Disposable Syringes market was valued at USD 7.10 billion in 2019 and is predicted to grow at a CAGR of 6.1% during the forecast period and is anticipated to reach USD 12.91 Billion by 2027. The growth of the market is attributed to growing prevalence of chronic diseases, especially diabetes, an increase in the usage of Botox, increased adoption of inject able drugs, technological advancements in syringes, an increase in the geriatric population, a growing number of vaccination and immunization programs. Based on the WHO estimates, 16 billion injections are administered each year globally. A Disposable Syringes is a medical tool used to administer injections of intravenous drugs into the patient’s blood stream or to draw blood sample. The syringe market is expected to witness a robust growth owing to several factors, such as the rise in the demand for pre-filled syringes, growing prevalence of chronic diseases, such as diabetes, infectious diseases and cardiovascular diseases and the increase in the usage of Botox for therapeutic applications. Moreover, the increased adoption of inject able drugs, technological advancements in syringes, the increase in the geriatric population, growing number of vaccination and immunization programs are expected to drive the volume growth over the next few years. According to WHO estimates, around 16 billion injections are administered globally on an annual basis. On the other hand, the rise in the incidence of needle-stick injuries, a high cost associated with safety syringes, and disposable syringes are likely to hinder the growth of the syringe market globally. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under Baxter Pharmaceuticals India Pvt. Ltd. Becton Dickinson India Pvt. Ltd. Hindustan Syringes & Medical Devices Ltd. Novo Nordisk India Ltd. Lifelong Meditech Ltd. Oyster Medisafe Pvt. Ltd. Peekay Mediequip Ltd
Plant capacity: Disposable Plastic Syringes 2 ml Size: 2,000 Boxes/ Day (Each Box = 100 Pcs.) Disposable Plastic Syringes 3 ml Size: 2,000 Boxes/ Day (Each Box = 100 Pcs.) Disposable Plastic Syringes 5 ml Size: 2,000 Boxes/ Day (Each Box = 100 Pcs.)Plant & machinery: Rs 1100 lakhs
Working capital: -T.C.I: Cost of Project : Rs 2006 lakhs
Return: 15.00%Break even: 47.00%
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Surgical Blade

A Surgical Blade is a small and extremely sharp bladed instrument used for surgery, anatomical dissection, and podiatry. Scalpel blades are usually made of hardened and tempered steel, stainless steel, or high carbon steel. A surgical blade is a small, extremely sharp bladed tool, which is used for a variety of purposes such as surgery and anatomical dissection. Scalpels may be of two types, single-use or disposable blades and reusable scalpel. Reusable scalpels have fixed blades that can be sharpened or may have removable single-use blades that are attached permanently. Disposable scalpels generally have a handle made of plastic with an extensible blade and only once, after which the entire instrument becomes redundant. Surgical blades are generally packed in sterile pouches. The global surgical blades market is expected to increase growth in the years to come with the increasing number of surgeries. The growing number of geriatric population across the globe is also presumed to be adding to positively benefit the surgical based market in the long run. Medical centers are being built with increasing number of operation rooms in order to accommodate the rising number of patients. Different types of surgeons having multiple specialties are being employed to cater to the needs of these patients. This in turn is presumed to have a positive impact on the global surgical blades market during the forecast period 2018-2026. The products used in surgical procedures are considered as low-risk instruments that do not require a stringent regulatory process for manufacturing or use. Furthermore, an increase in the number of chronic diseases has propelled the development of more hospitals, clinics, and ambulatory surgical centers, which, in turn, has created more job opportunities for surgeons. These factors are augmenting the growth of the surgical blade market. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Alcon Laboratories (India) Pvt. Ltd. B Braun Medical (India) Pvt. Ltd. Axiom Medisurg Ltd. Boston Scientific India Pvt. Ltd. Cadence A M S Design India Pvt. Ltd. Centenial Surgical Suture Ltd. Mediplus (India) Ltd. Primewear Hygine (India) Product Ltd.
Plant capacity: Surgical Blades (10 Pcs. per Packets):21,600Packets/Day Plant & machinery: Rs 99 lakhs
Working capital: -T.C.I: Cost of Project : Rs 365 lakhs
Return: 30.00%Break even: 69.00%
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Fish Feed

Fish feed are placed in the middle of the aquaculture value chain. Raw materials of marine or land based origin are mixed with other important ingredients to feed pellets, which through their transformation in the fish are important for the final quality of the fresh fish or the processed fish products for the consumers. The fish feed plays an important role in the value chain as it implies important control of the quality of raw materials, which is crucial for the food safety as well as efficient high quality feed types that ensures optimal growth for different fish species farmed under a variety of different conditions. Though the feed cost has to be controlled as this is most often app. 50% of the total production cost in aquaculture. Traditionally two of the most important ingredients have been fish oil and fishmeal. The development of dry pelleted fish feeds to date has two main themes. One theme is on improving digestibility and refining the balance of nutrients so as to match the needs of the different species of fish more precisely at different periods of development. The other type is to improve the sustainability of the ingredients used. This is being attained mainly by identifying additional sustainable sources of ingredients, in particular, to reduce the need for fish oil and fishmeal. Improving the efficiency of feeding also assists sustainability. Fish farmers in India have increased access to high-quality feed this year, as Cargill has opened its first feed plant dedicated to fish species in the country. The plant, located in Vijayawada and acquired from Mulpuri Foods & Feeds, reflects the company’s commitment to bring farmers safe, high-quality fish feed solutions, according to a press release. It marks an important step in Cargill’s work to develop its fish feed business in India and across Asia. The India Aquaculture Feed Market was valued at USD 1.20 billion in 2017 and is expected to register a CAGR of 10.4% during the forecast period (2018-2023). India feed mills have the capacity to produce 2.88 million metric ton. Andhra Pradesh is the largest feed consuming state in India. The coastal line of the country is about 7,517 kilometers with 195.20 kilometers of river and canal systems. The country consists of 14 rivers, 44 medium rivers, and many small rivers. The country also has tanks and ponds. By these sources, it is clear that the aquaculture industry is huge in India which provides huge opportunity and potential for aquaculture feed industry. There are many available feed ingredients for aquaculture industry. Fresh water aquaculture constitutes few important and majorly used feed ingredients like defiled rice bran, wheat bran, cotton seed cake, and groundnut cake. Fish meal, squid meal, cereal flour, squid meal, fish oils, propriety additives are used in shrimp feed industry formulations. Farm made feed consists of mixture of rice bran, wheat bran and oilseed cake. The fish feed market has witnessed an exponential growth due to growing consumption of seafood and growth of aquaculture industry. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Grobest Feeds Corpn. (India) Pvt. Ltd. Mulpuri Foods & Feeds Pvt. Ltd. Rasoya Proteins Ltd Shivshakti Agro (India) Ltd. Taiyo Feed Mill Pvt. Ltd. Wens Industries Pvt. Ltd.
Plant capacity: Fish Feed: 100 MT / DayPlant & machinery: Rs 845 lakhs
Working capital: -T.C.I: Cost of Project : Rs 2273 lakhs
Return: 27.00%Break even: 41.00%
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Humic Acid

Humic acid is a principal component of Humic substances which are the major organic constituents of soil (humus), peat, coal, many upland streams, dystrophic lakes and ocean water. It is produced by biodegradation of dead organic matter. It is not a single acid, rather, it is a complex mixture of many different acids containing carboxyl and phenol ate groups so that the mixture behaves functionally as a dibasic acid or, occasionally, as a tribasic acid. Humic acids can form complexes with ions that are commonly found in the environment. Humic and folic acids are commonly used as a soil supplement in agriculture, and less commonly as a human nutritional supplement. As a supplement, folic acid is found in a liquid form with colloidal minerals. Agriculture: with high content of organic matters, natural Humic acid is the best additive for the organic fertilizer, raw material for hamates based fertilizers and also can be used as soil ameliorator, plant growth stimulator and fertilizer improver. Industry: used as oil drilling fluid stabilizer, cement and ceramic additive, wastewater treatment agent, cathodal plate additive for accumulator. The global Humic acid market is on track to grow to reach a market value of USD 973.06 Mn by the end of 2023. Humic acid is derived from Humic matter which is the result of chemical and biological mummification of plant and animal matter in tandem with microorganism activities. Humic acid is rich in essential nutrients, vitamins, and trace minerals which is immensely beneficial for the soil and can also be used in dietary supplements. Due to this farmers are increasingly employing the use of Humic Acid to enrich the soil and promote a healthy ecological balance which will, in turn, increase crop yield. Humic Acid not only has several benefits to the soil but can make up a key component of animal feed. Humus supplements increase milk production and increase nutrient absorption to increase feed efficiency in dairy cattle. Humic Acid can also help improve immune function and keep an animal healthy which, in the long run, can drastically reduce operational costs. With the rising demand for meat and milk, the meat industry has been booming, and this has resulted in an increased demand for Humic Acid for animal feed applications. In agricultural applications, the inconsistent quality of Humic products may hinder the growth of the Global Humic Acid Market. Moreover improper use of Humic Acid can have bad effects on the soil and plant growth. However, rising applications in wastewater treatment, as well as the use of Humic Acid as organic anodes for lithium and sodium ion batteries are expected to provide the market with high potential for future growth. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Agro Phos (India) Ltd. Basant Agro Tech (India) Ltd. Ghatprabha Fertilizers Pvt. Ltd. Indian Farmers Fertiliser Co-Op. Ltd. Karnataka Compost Devp. Corpn. Ltd.
Plant capacity: Humic Acid: 20 MT / DayPlant & machinery: Rs 169 lakhs
Working capital: -T.C.I: Cost of Project: Rs 726 lakhs
Return: 26.00%Break even: 50.00%
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Curcumin Extraction Unit

Curcumin is the main biologically active photochemical compound of Turmeric. It is extracted, concentrated, standardized and researched. Curcumin, which gives the yellow color to turmeric, was first isolated almost two centuries ago, and its structure as diferuloylmethane was determined in 1910. Extensive research within the last half a century has proven that its renowned range of medicinal properties, once associated with Turmeric, is due to Curcumin. Turmeric is a spice derived from the rhizomes of Curcuma long, which is a member of the ginger family (Zingiberaceae) and a gold-colored spice commonly used in the Indian subcontinent, not only for health care but also for the preservation of food and as a yellow dye for textiles. Rhizomes are horizontal underground stems that send out shoots as well as roots. Curcumin is extracted and researched for its renowned range of health-related and disease-preventing medicinal properties. Purification from 95% to 100% curcumin does not increase bioavailability of curcumin but the manufacturing costs are substantially higher. Hence 95% purity is available in markets. Curcumin is widely used to colour many foods. The Draft Codex General Standard for Food Additives provides an extensive list of such foods. Curcumin is listed for use in dairy products, fats, oils and fat emulsions, edible ices, fruit and vegetable products, confectionery, cereal products, bakery wares, meat and meat products, fish and fish products, eggs and eggs products, spices, soups, sauces and protein products, foodstuffs intended for particular nutritional uses, beverages, ready-to-eat savories and composite foods. Use levels of curcumin are in the range from 5 to 500 mg/kg depending on the food category. Global cancer drugs market has surpassed USD 100 billion valuation in 2015 and may reach nearly USD 145 billion by 2024, with U.S. being the major consumer. U.S. herbal dietary supplements market was over USD 6 billion valuation in 2015, with estimated gains at over 7.5%. Rise in consumer awareness related to over the counter availability owing to favorable government regulations should enhance curcumin demand. Curcumin production is mainly concentrated in India exceeding 78% of the global output. Changeable turmeric prices owing to unseasonal rainfall and environment hazards may impact curcumin market price trend. Pharmaceutical applications accounted for over 52% of the global curcumin market share. Effective and positive results from various diseases such as Alzheimer and gastric ailments are major reasons driving curcumin based supplements demand. Over the counter availability and approval from government should positively influence product demand in pharmaceutical market. Increasing application scope in food & beverages owing to rise in demand for natural colorant substance are another lucrative factor to favor product demand. However, large availability of synthetic colorant substance may restrain the market growth. Other potential applications include cyanide detection, solar PV and textiles. This facilitates the development of new technologies and ensures a high quality product. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Akay Flavours & Aromatics Pvt. Ltd. Arjuna Natural Extracts Ltd. Naturite Agro Products Ltd. Omniactive Health Technologies Ltd. Vinayak Ingredients (India) Pvt. Ltd. Synthite Industries Pvt. Ltd.
Plant capacity: Curcumin Powder : 100 Kgs / Day Turmeric Oil: 47.60 Kgs / Day Deoiled Turmeric: 1,842 Kgs / DayPlant & machinery: Rs 216 lakhs
Working capital: -T.C.I: Cost of Project : Rs 487 lakhs
Return: 27.00%Break even: 65.00%
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Ginger Oil

Ginger, one of the most important and oldest of spices used in every kinds of food preparation. The rhizomes known in the trade as hand or races reach the spice trade either, with the outer cortical layers intact (Coated unscripted ginger) or with the outer coating partially or completely removed. Ginger products, such as ginger oil is internationally commercialized for use in food and pharmaceutical processing. To improve their appearance some grades of ginger are bleached by various means by liming. Ginger oil is used in the treatment of fractures, rheumatism, arthritis, bruising, carbuncles, diarrhea, colic, cramps, nausea, hangovers, travel and sea sickness, colds and flu, sores on the skin, sore throat, catarrh, congestion, coughs, sinusitis, chills and fever. Ginger oil is a seasoning and flavors sweets, including cakes, cookies, breads, and beverages. Also used in lot of perfumery creation and blending with other essential oils. Ginger oil market is segmented on the basis of its applications in different industries as food and beverage industry, pharmaceutical, personal care industry and other applications. In food and beverage industry ginger oil is used for flavor and seasoning purpose, in confectionery beverages and bakery products .it is widely used as flavor for cake, cookies and biscuits, ginger snaps etc. In non-alcoholic beverages ginger oil market demand is high. Due to its medicinal properties ginger oil is being used in treatment of several disease conditions since long time. Looking at several applications of ginger oil in treatment of stomach problem such as nausea and vomiting, diarrhea, food poisoning, gastric ulcer, headache, asthma, migraine, inflammation and many more conditions, ginger oil is used in various pharmaceutical products. Ginger oil is essential in hair care for curing dandruff and used in personal care products. As ginger oil is stimulating and therefore relieves depression, mental stress, dizziness, exhaustion, restlessness and anxiety, thus used in aromatherapy and Ayurveda. Ginger oil market is further segmented on basis of extraction methods such as steam distillation and solvent extraction. Solvent extraction is used for the extraction of ginger oleoresin, and steam distillation is used to get ginger essential oil. The global ginger oil market is expected to grow at a CAGR of 9.41% over the forecast period to reach a total market size of US$189.431 million by 2025, increasing from US$110.435 million. Ginger oil is a kind of concentrated essential oil that is extracted from the ginger rhizome through a distillation process. Ginger oil has a warm, strong, and spicy aroma and it is useful for aromatherapy. Ginger oil is spicy and warming oil that comforts and stimulates the skin, body, and psyche. It is a flowering perennial and is considered as more gainful because of its higher Gingerol content, a constituent that is most reputable for its antioxidant and anti-inflammatory properties. Ginger oil has traditionally been accepted in Ayurveda medication to soothe emotional challenges such as anxiety, sadness, low self-confidence, and a lack of enthusiasm. The investments in research and development of the extraction process of ginger oil and product development are increasing significantly. The use of ginger oil in anti-wrinkle creams, shampoos, skincare products, and hair care products are already increasing steadily. Ginger oil has been found as a useful essential oil in animal feed supplements. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Enjayes Spices & Chemical Oils Ltd. Kancor Ingredients Ltd. Schaeffler India Ltd. Synthite Industries Pvt. Ltd. South East Agro Inds. Ltd. Enjayes Natural Flavours Ltd
Plant capacity: Ginger Oil: 100 Kgs / DayPlant & machinery: Rs 56 lakhs
Working capital: -T.C.I: Cost of Project: Rs 214 lakhs
Return: 29.00%Break even: 66.00%
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Disposable Plastic Syringes with Needles Manufacturing

Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. The constantly increasing use of this type Syringe indicates its importance which is based mainly on the advantages it offers regarding cost and hygienic applications. The manufacture of plastic syringes has been developed to such a degree that the products now satisfy the requirements and standards set by Hospital and physicians. At the same time they offer the best possible technique of application to the physician and the highest possible degree of safety to the patient. Disposable needles are becoming more popular in the medical world due to its lower cost and higher accuracy. The procedure is also relatively easy and cheaper. The disposable needle has widely replaced hypodermic needle because of lower cost, easy compatibility and higher sterilization. Disposable needle is widely used by doctors for injection purpose with the help of syringes. With the increase in population in our country, requirement of medicine and injections has increased. A syringe is a medical device used for injecting fluids into the body, or to withdraw fluid from the body. A typical medical syringe has a needle attached to a hollow cylinder, which is fitted with a sliding plunger. By pushing the plunger in downward movement, the fluids are injected in a body, and retracting the plunger in upward direction extracts fluids from the body. The global prefilled syringes market size is expected to reach a value of USD 22.5 billion by 2025, according to a by Grand View Research, Inc. The market is estimated to expand at a CAGR of 11.2% during the forecast years. Growing usage of prefilled syringes and technological advancements in auto-injectors are the key factors driving the market. These syringes enable easy management of chronic diseases, such as diabetes and rheumatoid arthritis, which is expected to boost the usage of auto injectors and pen injectors during the forecast period. Thus, growing prevalence of diabetes and other chronic diseases would fuel the market demand over the next few years. The introduction of advanced devices with Wi-Fi and Bluetooth connectivity facilitating effective management of patient health records is also expected to boost the product demand. The global syringe market is expected to witness robust growth owing to several factors such as rise in demand for pre-filled syringes, growing prevalence of chronic diseases such as diabetes, increase in usage of Botox for therapeutic applications. Moreover, the growing number of vaccination and immunization programs are expected to drive strong volume growth over the next few years. Increased adoption of inject able drugs, technological advancements in syringes, increase in geriatric population and increase in demand for vaccination are some of the other factors contributing to the growth of the market. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Hindustan Syringes & Medical Devices Ltd. Lifelong Meditech Ltd. Schott Kaisha Pvt. Ltd. Disposable Medi-Aids Ltd. Peekay Mediequip Ltd.
Plant capacity: Disposable Plastic Syringes with Needle 1 ml Size) : 18,000 Nos / Day Disposable Plastic Syringes with Needle 3 ml Size) : 18,000 Nos / Day Disposable Plastic Syringes with Needle 5 ml Size) : 18,000 Nos / Day Disposable Plastic Syringes with Needle 10 Plant & machinery: Rs 108 lakhs
Working capital: -T.C.I: Cost of Project : Rs 498 lakhs
Return: 31.00%Break even: 44.00%
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NPK Fertilizer & Calcium Ammonium Nitrate

Fertilizers are used daily by farmers and families to help crops and gardens grow. Whether for a small garden of flowers and plants, or a large farm with thousands of acres of crops, a wide range of fertilizers have been developed to help different crops grow in different soil and weather conditions. Chemical ingredients help create fertilizers that promote plant growth and are cost effective, too. Commercial and consumer fertilizers are strictly regulated by both individual states and the government to ensure that they are safe for the people who use them, people nearby, and the surrounding environment. The India Fertilizer Market is a consolidated market with major players such as Coromandel International Limited, Indian Farmers Fertilizer Cooperative (IFFCO), Fertilizers and Chemicals Travancore (FACT), Deepak Fertilizers Limited and Chambal Fertilizers Limited, among others. The market is fragmented with a mix of government-owned and co-operatives garnering a high market share in the straight and complex fertilizer space and private companies engaged in a high degree of product innovation to tap the non-subsidy space. The NPK grade with the highest count in the new CRU fertilizer grade database is 15-15-15. As it dominates the other unique 1200 grades, it is unlikely to be challenged in 2020. Perhaps surprisingly, the second and third most offered grades from the database are NPK 18-18-18 and 20-20-20, both of which are water-soluble. The popularity of water-soluble fertilizers was palpably noticeable in 2019 where, for instance, many major Chinese phosphate producers that we visited on a research visit expressed interest in increasing tMAP production or building tMAP capacity. Many producers have plans to build more soluble capacity. The rise in fruit and vegetable cultivation as consumers become more health-conscious helps drive the change to compound fertilizers. Micro-irrigated areas are increasing to keep up with horticultural demand. Soluble compounds are still growing in popularity, and we expect this trend to continue in 2020. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under Basant Agro Tech (India) Ltd. Coromandel International Ltd Deccan Sales Corpn. Ltd. Deogiri Fertilisers Ltd. Khushhal Fertiliser Ltd. Madhuvan Chemicals & Fertilizer Ltd. Premier Fertilisers Ltd. Sikko Industries Ltd.
Plant capacity: NPK Fertilizer (19-19-19): 200 MT / Day Calcium Ammonium Nitrate : 200 MT / DayPlant & machinery: Rs 1746 lakhs
Working capital: -T.C.I: Cost of Project: Rs 5165 lakhs
Return: 26.00%Break even: 50.00%
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Fiber Optical Cables

A fiber cable is a structure for enclosing a fiber to enable it to maintain its performance for sufficient time in the operating environment in which it is required to work. One might envisage undemanding applications where a fiber with a simple coating might be perfectly adequate and would provide a high capacity cable of very small dimensions. However, cables more commonly have to operate in environments where a fiber with so little protection could not be expected to survive for long, even if it is possible to introduce the fiber into the environment without breakage. In general, then, we are concerned with a much sturdier structure. The cable will be required to withstand the forces upon it during storage, installation, and operation. During storage or transit it may be subjected to considerable heat from solar radiation, to extreme cold, and to rain or very high humidity. The global fiber optic cable market was valued at USD 7,578.1 million in 2019, and it is expected to reach USD 16,390.6 million by 2025, registering a CAGR of 14.5% during the period, 2020-2025. Increasing demand in FTTX and telecommunications industry and technological advancements are primarily responsible for the increased growth of the market. Major telecommunication operators and government authorities have delayed the installation of fiber optic cables on account of the spread of the COVID-19 pandemic, leading to the postponement of testing services. COVID-19 will lead to a sharp decrease in wire and cable demand globally throughout 2020 owing to the reduction in fixed investments, industrial activities, and private consumption. The US, China, and Europe have announced delays in 5G rollouts, with optical fiber cabling demand is likely to fall in 2020. Hence, this is going to impact the installation of fiber optic cables, leading to a decrease in their demand across the world. The market consumption over the last two years has been less than 6 Mn Km, Indian fiber manufacturing capacity is on a rise. Capacity for FOC (Fiber Optic Cable) manufacturing in India is approximately 8, 00,000 Cable KM. More global players are eyeing to setup their plants or have tie-ups in India. Thus India can domestically meet the upcoming requirements for National Optical Fiber Network. By types, the fiber optic cable market is segmented into single-mode and multi-mode. Single-mode fiber networks use wave-division multiplexing (WDM) to transfer to increase the data traffic to be sent among the strand. Multi-mode cables use WDM to transfer data at differing speeds to certain various types of customers. Entrepreneurs who invest in this project will be successful.
Plant capacity: Fiber Optical Cables: 3,333.3 K. Meters/DayPlant & machinery: Rs 1183 lakhs
Working capital: -T.C.I: Cost of Project: Rs 5070 lakhs
Return: 30.00%Break even: 61.00%
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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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