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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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Arabic Gum

Gum Arabic, also known as Gum Acacia, is a natural gum harvested from the exterior of Acacia trees in the form of dry, hard nodules up to 50 mm in diameter, and ranging from almost colorless to brown. Its unique properties endow it with a wide range of uses in food, beverage, pharmaceutical and industrial applications. Gum Arabic is made from an exudates from the Acacia Senegal and Acacia seyal trees, it is a water soluble gum and soluble in cold water and will increase in solubility by heating. Fortunately, of all the natural gums, only gum Arabic is soluble (can be dissolved) enough in water to make spray-drying an economical and desirous option. A gum is produced by making an incision in the bark of the tree and collecting the exudates repeatedly throughout the season. Gums so obtained consist of small lumps, usually transparent and light yellow. Trees produce gums by a process called gummosis, possibly as a protective mechanism, either after mechanical damage to the bark or after a bacterial, insect, or fungal attack upon it. The Acacia Senegal tree yields the greatest amount of gum acacia when it is in an unhealthy condition, and good culture methods reduce the yield. The name gum Arabic is sometimes also applied to substitutes for gum acacia, including gum gatti, collected in India. The growth of the global market is driven by the rising income levels, multiple functionalities of gum Arabic in the food & beverages industry, and the rising awareness regarding the medicinal benefits of gum Arabic. Global Industry Analysis and Forecast, 2017-2025,” indicate that the market, which is presently worth nearly US$ 300 Mn, will expand steadily at 5.4% CAGR. Gum arabic has several value-added benefits over gelatin, starch, and other additives used in drinks as it has proven to be a better stabilizing and emulsifying agent. Beverage manufacturers and makers of edible flavors, syrups, and concentrates have been increasingly using gum Arabic as a functional ingredient in soft drinks, smoothies, fruit-flavored water and beverages, and various soft-alcoholic drinks. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Ashland India Pvt. Ltd. Continental Chemicals Ltd. Finar Ltd. India Glycols Ltd. Rishi Trading Co. Ltd.
Plant capacity: Arabic Gum (Talha): 6.73 MT / DayPlant & machinery: Rs 296 lakhs
Working capital: -T.C.I: Cost of Project: Rs 535 lakhs
Return: 26.00%Break even: 58.00%
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N95 Mask (5 Ply)

An N95 Mask is a type of Mask with air-purifying, particulate respirator which is a personal protective device designed to help reduce the wearer's inhalation exposure to certain airborne particles. N95 Masks are certified by a US body named NIOSH (National Institute for Occupational Safety and Health). They are masks that fit on the nose and mouth to prevent bacteria and dust particles. They came in different shapes and sizes. N95 Masks are also known as an N95 Respirator Mask, N95 Particle Respirator, N95 Filter Mask, N95 protection mask. To prevent spread of airborne respiratory infection such as COVID-19, wearing of masks or filtering face piece (FFP) respirators are advised. The masks can be simple cloth masks (which can be worn by members of public or outside the high-risk areas), surgical masks which are loose-fitting disposable devices that prevent entry of large size droplets that may contain micro-organisms, and N95 FFP respirators. The most important component of PPE for HCWs during this pandemic is the N95 FFP respirator. The India surgical mask market was valued at $71.73 million in 2019, and is expected to reach $157.13 million by 2027, registering a CAGR of 10.3% from 2020 to 2027. This growth rate is mainly attributed to number of surgical procedures performed in India annually. The country is currently facing a multifaceted burden of infectious disease, neonatal disease, non-communicable diseases, maternal disease, and injuries. The need for surgical products and services in India is expected to continue to rise noticeably from now until 2030. Thus, this overall increase in the number of surgical procedures performed in India is projected to bolster the demand for surgical products such as masks and gloves in the years to come, ultimately driving the growth of the India surgical masks market. Likewise, surgical masks, are being widely used to prevent the transmission of infections and maintain hygiene, as they are sterile, repellant, and do not absorb any bacteria & viruses. Patients and healthcare professionals are susceptible to hospital-acquired infections (HAIs) during medical treatments in a healthcare facility. Thus, this increase in HAIs is further supplementing the India surgical masks market growth. India surgical masks market on the basis of product, distribution channel and sales channel. Based on product, the market is categorized into basic surgical mask, anti-fog surgical mask, fluid/splash-resistant surgical mask, and N95 mask. Based on distribution channel, the market is divided into hospitals & clinics, drug stores and online stores. Based on sales channel, the India surgical masks market is classified into business to business, business to customer and business to government. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under 3M India Ltd. Good Health Insurance T P A Ltd. Kimberly-Clark India Pvt. Ltd. Mediklin Healthcare Ltd. Surgeine Healthcare (India) Pvt. Ltd.
Plant capacity: N95 Mask 5 Ply (5 pcs per Pkt.): 12,096 Pkts / DayPlant & machinery: Rs 47 lakhs
Working capital: -T.C.I: Cost of Project: Rs 350 lakhs
Return: 30.00%Break even: 52.00%
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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. A syringe is a simple piston pump consisting of a plunger that fits tightly in a tube. The plunger can be pulled and pushed along inside a cylindrical tube (the barrel) allowing the syringe to take in and expel a liquid or a gas through an orifice at open end of the tube. The open end of the syringe may be fitted with a hypodermic needle (a hollow needle commonly used with a syringe to inject substances into the body or extract fluids from it), a nozzle or tubing to help direct the flow into and out of the barrel. 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. 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. Consumers and doctors are preferring Disposable Syringes over reusable syringes due to rising concerns about needle stick injuries and accidental infections related to it. Industry players increasingly investing in research and development of new chemicals that are more potential than present available drugs is likely to augment the growth. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under Disposable Medi-Aids Ltd. Hindustan Syringes & Medical Devices Ltd Lifelong Meditech Ltd. Peekay Mediequip Ltd. Schott Kaisha Pvt. Ltd.
Plant capacity: Disposable Plastic Syringes 3 ml Size: 1,440 Boxes / Day (Each Box = 100 Pcs) Disposable Plastic Syringes 5 ml Size: 1,500 Boxes / Day (Each Box = 100 Pcs) Disposable Plastic Syringes 10 ml Size: 600 Boxes / Day (Each Box = 100 Pcs)Plant & machinery: Rs 340 lakhs
Working capital: -T.C.I: Cost of Project : Rs 772 lakhs
Return: 18.00%Break even: 62.00%
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Blood Collection Tubes (Vacutainer)

A vacutainer blood collection tube is a sterile glass or plastic test tube with a colored rubber stopper creating a vacuum seal inside of the tube, facilitating the drawing of a predetermined volume of liquid. Vacationer tubes may contain additives designed to stabilize and preserve the specimen prior to analytical testing. Tubes are available with a safety-engineered stopper, with a variety of labeling options and draw volumes. The color of the top indicates the additives in the vial. A vacuum blood collection tube is a sterile glass or plastic test tube that uses a stopper to create a vacuum seal inside the tube and enable the depiction of a predetermined volume of liquid. The vacuum blood collection tube prevents needle stick damage by preventing needles from coming in human contact and thus, contamination. The vacuum blood collection tube contains a double pointed needle, attached to a plastic tubular adapter. Double pointed needles are available in many gauge sizes. The length of the needle ranges from 1 to 11/2 inches. Vacuum blood collection tubes may contain additional constituents which are used to preserve blood for treatment in a medical laboratory. These additives are in the form of films applied using an ultrasonic nozzle. The additives contained in the vacuum blood collection tube are anticoagulants, such as EDTA, sodium citrate, heparin or gel. A vacuum blood collection tube is mostly used by clinics and laboratories for storing blood for future testing. Vacuum blood collection tubes have a substitute which can preserve blood for an extended period for testing processes. Vacuum blood collection tubes are available in different types of sizes and specimens. Blood Collection Tubes Market size is estimated to reach $2.81bn by 2025, growing at a CAGR of 7.1% during the forecast period 2020-2025. Blood plays an important role in the diagnosis and treatment of many diseases. The blood processing includes the collection, storing and managing the blood after collected from the donor. The blood collection tubes which are also known as vacutainers are made of either plastic or glass, these tubes are sterilized and have a safety-engineered stopper with different labeling options with the volume on it and color of the caps indicates the additives in the tube. The increase in usage of blood samples in the diagnosis and requirement of blood components in the treatment of many diseases is driving the market for blood collection tubes during the forecast period 2020-2025. The COVID-19 pandemic has encouraged major market players to focus on the development of new innovative products for blood glucose monitoring. For instance, in May 2020, Dario Health Corp. announced that the FDA has approved the use of self-test blood glucose meters by hospitalized patients with diabetes. This was intended to limit the exposure to the COVID-19 virus by self-checking of blood glucose levels by hospitalized patients and providing information to healthcare personnel. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Becton Dickinson India Pvt. Ltd. Hindustan Syringes & Medical Devices Ltd Kriya Medical Technologies Pvt. Ltd. Narang Medical Ltd. Poly Medicure Ltd.
Plant capacity: Blood Collection Tubes (Vacutainer) 13x100 with EDTA: 96,000 Nos / Day Blood Collection Tubes (Vacutainer) 13x75 Plain : 96,000 Nos / DayPlant & machinery: Rs 464 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1105 lakhs
Return: 29.00%Break even: 53.00%
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IV Set

Intravenous therapy delivers liquid substances directly to the veins. Intravenous route is the fastest way to deliver medications or fluid replacement substances into the body via veins. IV administration sets are accessories required to deliver fluids to patients to treat various conditions such as dehydration, electrolyte imbalance, and other conditions requiring specialized Parenteral drug therapies. The rate of delivery of liquid can be adjusted with a roller clamp of an IV administration set. Primary IV administration set is either a macro-drip solution administration set that delivers 10, 15, 20 gtts/ml, or micro-drip set which delivers small amount of fluid over longer period of time. Micro-drip tubing’s are used primarily in neonatal or pediatric care. Components of a primary IV administration set are back check valve, access port, roller clamp, and secondary IV tubing. A secondary IV administration set does not contain access port or back check valve. It is shorter in length than a primary IV administration set. Rise in demand for IV administration sets due to increase in number of patients hospitalized for various treatments, surge in incidence of chronic diseases, and rise in adoption of advanced treatment options are anticipated to boost the growth of the global IV administration sets market. However, increase in incidence of medication errors, product recalls, and stringent regulatory requirements are the factors restraining the market. The total India infusion therapy market is growing at a rate of 5.7%, which will take the 2017 market value of $387.8 million up to $572.6 million by 2024. Intravenous therapy delivers liquid substances directly to the veins. Intravenous route is the fastest way to deliver medications or fluid replacement substances into the body via veins. IV administration sets are accessories required to deliver fluids to patients to treat various conditions such as dehydration, electrolyte imbalance, and other conditions requiring specialized Parenteral drug therapies. The rate of delivery of liquid can be adjusted with a roller clamp of an IV administration set. Primary IV administration set is either a macro-drip solution administration set that delivers 10, 15, 20 gtts/ml, or micro-drip set which delivers small amount of fluid over longer period of time. Micro-drip tubing’s are used primarily in neonatal or pediatric care. Components of a primary IV administration set are back check valve, access port, roller clamp, and secondary IV tubing. A secondary IV administration set does not contain access port or back check valve. It is shorter in length than a primary IV administration set. Rise in demand for IV administration sets due to increase in number of patients hospitalized for various treatments, surge in incidence of chronic diseases, and rise in adoption of advanced treatment options are anticipated to boost the growth of the global IV administration sets market. However, increase in incidence of medication errors, product recalls, and stringent regulatory requirements are the factors restraining the market. Few Indian major players are as under Angi Plast Pvt. Ltd. Axiom Medisurg Ltd. La Medical Devices Ltd. Smiths Medical India Pvt. Ltd Sangam Health Care Products Ltd
Plant capacity: I.V. Set: 140,000 Sets / DayPlant & machinery: Rs 904 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1430 lakhs
Return: 27.00%Break even: 49.00%
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FREEZE DRIED FRUITS & VEGETABLES (Dry Banana, Mango, Custurd Apple, Beetroot, Sapota, Dragon Fruit, Jamun and Green Peas)

Freeze-drying, technically known as Lyophilization, is a process of sublimation where water molecules in a solid phase are directly converted to vapor phase. Since Lyophilization is the most complex and expensive form of dehydration, its use is usually restricted to delicate and heat-sensitive high value materials. Freeze drying is a relatively recent method of preserving food. It involves freezing the food, then removing almost all the moisture in a vacuum chamber, and finally sealing the food in an airtight container. Freeze dried foods can be easily transported at normal temperatures, stored for a long period of time, and consumed with a minimum of preparation. Once prepared, freeze-dried foods have much the same look and taste as the original natural products. Freeze-dried food has many advantages. Because as much as 98% of the water content has been removed, the food is extremely lightweight, which significantly reduces the cost of shipping. This also makes it popular with boaters and hikers who have to carry their food with them. Because it requires no refrigeration, shipping and storage costs are even further reduced. Global Freeze Dried Fruits and Vegetables Market is expected to surpass USD 60 billion by 2025. Increasing popularity of packaged food will be a major factor behind the freeze dried fruits and vegetables market growth. The product is extensively used in preparing many packaged food items such as soups, juices, ready-to-eat meals, etc. The advantages of the product over fresh fruits and vegetables will augment the industry growth in the forecast years. Freeze drying is considered as the best drying process for packaging food and beverage products as it maintains the structural integrity and preserves the flavor. Freeze dried fruits & vegetables have better aroma, rehydration, and bioactivity when compared to products dried using other alternative techniques. Other advantages include better shelf-life, higher amount of retention of nutrients, color & texture and easy rehydration capability. These factors, coupled with developments in drying technology, will propel the global market growth in the forecast years. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Accelerated Freeze Drying Co. Ltd. Agro Dutch Inds. Ltd. Amalgam Foods & Beverages Ltd. [Merged] Gujarat Dehyd Foods Ltd. Himalaya Food Intl. Ltd. Kohinoor Foods Ltd.
Plant capacity: Freeze Dried Raw Banana : 19 Kgs / Day Freeze Dried Mango: 19 Kgs / Day Freeze Dried Custurd Apple: 19 Kgs / Day Freeze Dried Beetroot: 19 Kgs / Day Freeze Dried Sapot: 18.5 Kgs / Day Freeze Dried Dragon Fruit: 18.5 Kgs / Day Freeze Plant & machinery: Rs 95 lakhs
Working capital: -T.C.I: Cost of Project: Rs 199 lakhs
Return: 24.00%Break even: 60.00%
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GI Metal Sheet Products • Octagonal • Square • Rectangle Poles

Utility poles are commonly used to carry two types of electric power lines: distribution lines (or "feeders") and sub transmission lines. Distribution lines carry power from local substations to customers. They generally carry voltages from 4.6 to 33 kilovolts (kV) for distances up to 30 miles, and include transformers to step the voltage down from the primary voltage to the lower secondary voltage used by the customer. A service drop carries this lower voltage to the customer's premises. Global electricity transmission poles market was valued at US$6.386 billion in 2019 and is expected to grow at a CAGR of 6.83% over the forecast period to reach a total market size of US$9.495 billion in 2025. Electricity poles, also called power poles, support wires and electric cables that carry electricity from power companies to end users. Materials that are used in the production of electricity transmission poles include wood, steel, and composite. The choice of material depends on its use which determines the life span of the electricity transmission pole. Electricity transmission poles are used to support and carry electrical lines, distribution lines, and sub-transmission lines. Rising number of factories across various industries is also a factor that is contributing to the growth of global electricity transmission poles market. Growing urban infrastructural development in developing economies has boosted the construction of residential as well as commercial buildings which is also driving the demand for electricity transmission poles, thus positively impacting the growth of the global electricity transmission poles market. Demand for energy has been increasing rapidly across globe. Rise in urbanization and demand for electricity to suffice growing population has increased significantly. Steel is considered as a green material. It is increasingly being used to replace replacing aging wood electric utility distribution poles. Steel utility pole is a column or post used to support overhead power lines and various other public utilities such as electrical cables, fiber optic cables, and related equipment such as transformers and street lights. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Chetna Steel Tubes Pvt. Ltd. Electro Poles Products Pvt. Ltd. Jindal (India) Ltd. Utkal Galvanizers Ltd. Utkarsh India Ltd.
Plant capacity: GI Octagonal Poles, 6 Meter with base Plate,Foundation Bolts:107.5 Nos./Day GI Square Poles,6Meter,4"x4"with base Plate,Foundation Bolts:38.3Nos./Day GI Rectangle Poles,6Meter,4"x6"with base Plate,Foundation Bolts:39.3Nos/Day MS Scrap by Product:3.3MT/DayPlant & machinery: Rs 600 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1966 lakhs
Return: 28.00%Break even: 43.00%
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Steel Billets and TMT Steel Bars (Rebar) from Scrap Metal

Most of the steel generally in civil and allied work used is the plain carbon and mild steel and the largest portion of carbon steels used, has tensile strengths not greater than 36 to 40 t/in2. The carbon content in the steel predominantly governs the steel properties. 0.40% carbon steel is of great importance due to its being economical to meet general requirement and having reasonably high strength and other properties, like yield point, elongation and reduction percentages etc. Steel products in the forms of strip coils, sheets, plates, wires, rods, bars & sections are mostly used in industrial products. Earlier wires and rods were manufactured by reducing ingots/billets/bars in steel mills by heating and rolling of the stock. But, the modern advancements of technologies have given continuous casting of rods as an economical method. Steel scraps of melting grades are taken as the raw material. Either Electric Arc Furnaces (EAF) or Electric Induction Melting furnaces are commonly used for melting for a pollution-free operation. The long steel market size is estimated to be USD 527.0 billion in 2020 and projected to reach USD 636.7 billion by 2025, at a CAGR of 3.9% from 2020 to 2025. Increasing construction and infrastructure activities, rising population levels, and industrialization are the major factors responsible for the growth of the long steel market. However, the recent outbreak of Covid-19 is expected to have a severe impact on the long steel market. TMT steel bars refer to thermo mechanically treated bars. TMT steel bars are steel bars with enhanced strength and highly ductile and malleable in nature. They are widely used for earthquake resistant buildings and bridge construction projects. Companies operating in the global TMT steel bar market are adopting strategies such as mergers, acquisitions, and new product launches that maximize their market share. The rising global construction industry boosts the growth of the TMT steel bar market. Infrastructural development across the globe drives the growth of the TMT steel bar market. Various advantages of TMT steel bars over tensional bars contribute to the growth of the TMT steel bar market. The expansion of modern architecture propels the growth of the TMT steel bar market. Furthermore, the growing demand for low-cost reinforcement bars stimulates the growth of the TMT steel bar market. On the flip side, technical constraints with respect to higher grade TMT bars hinder the growth of the TMT steel bar market. Moreover, technological innovations in the construction industry create novel opportunities for the growth of the TMT steel bar market. This facilitates the development of new technologies and ensures a high quality product.
Plant capacity: Steel Billets (Size 100mm x 100mm to 180mm x 180 mm Sections of Max. 6 meter length): 333.3 MT / Day TMT Steel Bars (Rebar) Size DB 8 to 40 mm : 333.3 MT / DayPlant & machinery: Rs 8427 lakhs
Working capital: -T.C.I: Cost of Project: Rs 16747 lakhs
Return: 29.00%Break even: 47.00%
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Bamboo Toothbrush

The toothbrush is an oral hygiene instrument used to clean the teeth, gums, and tongue. It consists of a head of tightly clustered bristle, atop of which toothpaste can be applied, mounted on a handle which facilitates the cleaning of hard-to-reach areas of the mouth. They are usually used alongside floss. They are available with different bristle textures, sizes, and forms. Most dentists recommend using a soft toothbrush since hard-bristled toothbrushes can damage tooth enamel and irritate the gums. Because many common and effective ingredients in toothpaste are harmful if swallowed in large doses and instead should be spat out, the act of brushing teeth is most often done at a sink within the kitchen or bathroom, where the brush may be rinsed off afterwards to remove any debris remaining and then dried to reduce conditions ideal for germ growth (and, if it is a wooden toothbrush, mold as well). The organic bamboo toothbrush comprises a natural bamboo handle and fine bristles that make for clean teeth and a healthy mouth. You can be sure there’s no chemical coming in contact with your mouth, and the best part? It’s 100% biodegradable. The Global Bamboo Toothbrush Market is expected to register a CAGR of 7% to reach USD842.1 million by 2024. Bamboo toothbrushes are an eco-friendly alternative to plastic toothbrushes. Bamboo has several characteristics that make it an ideal substitute for plastic. It is cost-effective, has anti-microbial properties, can be grown in a wide variety of landscapes, and is easy to manipulate to make objects. Bamboo toothbrushes naturally ward off microbial growth and can be discarded without causing any harm to the environment. With a large number of anti-plastic policies and stringent regulations implemented by various countries for the eco-friendly alternatives for plastic goods are expected to increase awareness among consumers over the next few years. Plastic toothbrushes produced around the world directly go to landfills and a very small part is recycled, which creates plastic pollution. These factors are anticipated to promote the application of bamboo toothbrush as alternatives among the buyers over the next few years. Entrepreneurs who invest in this project will be successful.
Plant capacity: Bamboo Toothbrush: 3,000 Pcs / DayPlant & machinery: Rs 54 lakhs
Working capital: -T.C.I: Cost of Project : Rs 183 lakhs
Return: 25.00%Break even: 54.00%
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Polylactic Acid (PLA)

Poly-lactic acid (PLA) is a rigid thermoplastic polymer that can be semi-crystalline or totally amorphous, depending on the stereo-purity of the polymer backbone. L()-lactic acid (2-hydroxy prop ionic acid) is the natural and most common form of the acid, but D(L)-lactic acid can also be produced by microorganisms or through racemization and this “impurity” acts much like co monomers in other polymers such as polyethylene terephthalate (PET) or polyethylene (PE). In PET, diethylene glycol or isophthalic acid is copolymerized into the backbone at low levels (1–10%) to control the rate of crystallization. In the same way, D-lactic acid units are incorporated into L-PLA to optimize the crystallization kinetics for specific fabrication processes and applications. PLA is a unique polymer that in many ways behaves like PET, but also performs a lot like polypropylene (PP), a polyolefin. Ultimately it may be the polymer with the broadest range of applications because of its ability to be stress crystallized, thermally crystallized, impact modified, filled, copolymerized, and processed in most polymer processing equipment. It can be formed into transparent films, fibers, or injection molded into blow moldable performs for bottles, like PET. PLA also has excellent organoleptic characteristics and is excellent for food contact and related packaging applications. In spite of this unique combination of characteristics, the commercial viability has historically been limited by high production costs. Until now PLA has enjoyed little success in replacing petroleum based plastics in commodity applications, with most initial uses limited to biomedical applications such as sutures. The global polylactic acid (PLA) market was valued around US$ 2.23 Bn in 2017 and is anticipated to expand at a stable CAGR above 20.5% during the forecast period 2018 to 2026. According to the “Polylactic Acid (PLA) Market-Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018-2026”. Growing application in the cosmetics and personal care industry, ongoing advancements in science and technology, increasing consumer awareness and government incentives are some of the fundamental factors that are driving the global polylactic acid (PLA) market growth globally. The demand for polylactic acid products are increasing in the personal or skin care industry as the product improves skin lightening effects, accelerates cell renewal and exfoliation and enhances the collagen & elastic synthesis. Rapid invention of innovative products with focus on formulation improvement for a particular consumer group is anticipated to fuel the market growth. Moreover, the growing demand for fermented foods such as canned vegetables, yogurt, and butter is escalating the demand for lactic acid products. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Astra Specialty Compounds India Pvt. Ltd B A S F India Ltd. Crest Composites & Plastics Pvt. Ltd. Malladi Specialities Ltd. Neelam Aqua & Speciality Chem Pvt. Ltd. Network Polymers Pvt. Ltd.
Plant capacity: Polylactic Acid (PLA): 100 Ton / DayPlant & machinery: Rs 23945 lakhs
Working capital: -T.C.I: Cost of Project: Rs 30838 lakhs
Return: 26.00%Break even: 32.00%
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Information
  • 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
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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