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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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Investment Opportunities in Assembling Lithium Ion Battery (Battery Assembly)

Laptop computers, mobile phones, power tools, telecommunication systems, and new generations of electric cars and trucks are all powered by lithium batteries. Lithium metal batteries and lithium ion batteries are two types of lithium batteries. • Lighter Design: Li-ion batteries are lighter than conventional rechargeable batteries when compared to their capacity, and are thus employed in portable consumer electronics gadgets where weight and form factor are key selling aspects. • Low Self-discharge and Longer Shelf Life: When compared to other rechargeable batteries, Li-ion batteries have a lower self-discharge rate of roughly 1.5 percent per month, allowing for a longer shelf life when not in use because it drains slowly. • Quick Charging: When compared to other rechargeable batteries such as lead acid, nickel-metal hydride, and nickel-cadmium, lithium-ion batteries charge faster. Lithium-ion (Li-ion) batteries, also known as secondary batteries, are rechargeable batteries in which lithium ions migrate from the negative electrode (typically carbon) to the positive electrode (nickel, manganese, and cobalt) during discharge and back during charging. (1) Li-ion batteries are commonly found in cameras and calculators. (2) They're in cardiac pacemakers and other implantable medical devices. (3) Telecommunications equipment, instruments, portable radios and televisions, and pagers all use them. (4) They're used in laptop computers, cell phones, and aerospace applications. The global lithium ion battery market is predicted to increase at a compound yearly growth rate of 14.63 percent from USD 40.5 billion in 2020 to USD 91.9 billion in 2026. Electric vehicle demand is expected to grow at a 19.1% compound annual growth rate (CAGR) from 2016 to 2026, with substantial sales volume in developing countries. The United States, China, Japan, India, and other countries have significant growth potential in the battery industry. Few Indian Major Players 1. Anand Batteries Ltd. 2. Bharat Electronics Ltd. 3. Carborundum Universal Ltd. 4. Eon Electric Ltd. 5. Exide Industries Ltd. 6. H B L Power Systems Ltd. 7. Luminous Power Technologies Pvt. Ltd.
Plant capacity: 48 Volt, 60 AH Lithium-Ion Battery Pack: 5.0 Nos per day 48 Volt, 80 AH Lithium-Ion Battery Pack: 5.0 Nos per day 48 Volt, 100 AH Lithium-Ion Battery Pack: 5.0 Nos per day 60 Volt, 20 AH Lithium-Ion Battery Pack: 5.0 Nos per day 60 VoltPlant & machinery: 72 Lakhs
Working capital: -T.C.I: Cost of Project: 293 Lakhs
Return: 29.95%Break even: 70.65%
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Start Producing of Rubber Powder from Waste Tyres

Rubber is a butadiene polymer and one of the most essential chemical compounds utilised in a variety of fields in today's advanced world. Rubber is particularly useful in the tyre industry, as it is utilised in a variety of vehicles. Rubber is required as a raw material for rubber products. Either natural rubber, which is frequently grown on enormous plantations – with all the issues that comes with monoculture – or synthetic rubber, which is made from crude oil. Both processes consume a lot of resources. Waste tyres are a major issue all around the world. A huge number of tyres are used in cars, and tyre replacement is done on a regular basis. Old tyres that can no longer be mended but can be used as a byproduct of the waste tyres. Rubber powder is one of the most common waste tyre recycling byproducts. Rubber powder has a wide range of applications in various industries. Waste tyre recycling method is incredibly cost effective, as it recycles 100% of waste tyres (No churn left after the process). Because no chemical substances are utilised in this procedure, it is environmentally safe. Waste tyres are a cheap and readily available raw material. Produce economically beneficial items from waste tyres that have a high market value and demand. In addition, each tonne of recycled tyres saves 10 tonnes of carbon dioxide (CO2), a major greenhouse gas. Properties 1. It is a fine powder with a mesh size ranging from 5 to 200 meshes. 2. It is water insoluble. 3. It is unaffected by alkali or ordinary acid. 4. Rubber powder bulk density ranges between 0.85 and 0.90. Rubber powder is experiencing a tremendous growth in demand in India. In India, demand for rubber powder has climbed by 5% to 8%. This product has a wide range of applications. There's a distinction to be made between recycling and reclaiming. While recycling refers to any method of reusing leftover rubber, reclaiming entails depolymerization. Vulcanized rubber is ground in either a cryogenic or ambient grinding process during recycling. Ground rubber is heated and chemically treated in reclamation. Few Indian Major Players 1. Arihant International Ltd. 2. Elgi Rubber Products Ltd. 3. Rubber Products Intl. (India) Ltd. 4. Rubber Products Ltd. 5. Tinna Rubber & Infrastructure Ltd. 6. Tyre Corpn. Of India Ltd.
Plant capacity: Rubber Powder 5.0 MT per day By Product Steel Wire 1.4 MT per dayPlant & machinery: 46 Lakhs
Working capital: -T.C.I: Cost of Project: 191 Lakhs
Return: 26.98%Break even: 61.44%
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Set up an Plant Activated Charcoal from Bamboo

Activated charcoal is a type of charcoal that is not graphite and is micro crystalline in nature. It's widely employed in a variety of sectors as an excellent odour or colour adsorbent. There are two types of activated charcoal adsorbents: gas phase and liquid phase. The liquid phase activated charcoal is usually in the form of powder or granules, whereas the gas phase adsorbent is usually hard granules like dust-free pellets. Activated charcoal, also known as active charcoal, is amorphous carbon that has a higher adsorption capacity than wood or animal charcoal. Bamboo charcoal is made from fragments of a bamboo plant that have been harvested after five years or more of growth. Bamboo Charcoal goes through the same Pyrolysis process to become "activated." Raw Bamboo Charcoal and Bamboo Briquette Charcoal are two types of bamboo charcoal. Carbonisation and activation can be used to turn bamboo into charcoal and activated charcoal. The carbonisation process increases carbon content and creates an initial porosity, whereas the activation process improves pore structure. Carbonisation occurs at temperatures between 300 and 400 degrees Celsius. (1) Changing the colour and flavour of food materials including agar agar, beer, cider, wines, whisky, vinegar, fruit juices, gelatin, pectin, and cocoa butter. (2) Color, smell, grease, and colloids are removed from dry cleaning fluids like naptha, gasoline, carbon tetrachloride, and so on. (3) Dephenolizing the liquor from the effluent gas works. (4) Oil and grease removal from boiler feed water as well as electroplating solutions. (5) Iodine and bromine recovery from seawater and brines. The global activated carbon market is expected to grow at a CAGR of 9.4% to reach USD 8.12 billion by 2021, while the whole market is expected to grow at a CAGR of 8.4% to reach 3,857.9 KT by 2021, headed by powdered activated carbon. The increasing usage of activated carbon in industrial applications has resulted in a growth in its share in gaseous phase applications, which is projected to boost the Asia-Pacific activated carbon market. Furthermore, the expanding usage of activated carbon for soil remediation and pharmaceutical applications has seen rapid growth in the last five years, and is projected to continue to drive the activated carbon market forward. However, raw material shortage, particularly in the Asia-Pacific region, is a major constraint to the global expansion of the activated carbon market. Few Indian Major Players 1. Aksharchem (India) Ltd. 2. Bamboo Technology Park. 3. Core Carbons Pvt. Ltd. 4. Genuine Shell Carb Pvt. Ltd. 5. Gulbrandsen Catalysts Pvt. Ltd. 6. Indo German Carbons Ltd. 7. Jacobi Carbons India Pvt. Ltd.
Plant capacity: Activated Charcoal Powder 4.0 MT per dayPlant & machinery: 185 Lakhs
Working capital: -T.C.I: Cost of Project: 787 Lakhs
Return: 27.32%Break even: 54.89%
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Profitable Business of Bromelain Enzyme from Pineapple Stems

Bromelain enzyme refers to a group of enzymes, primarily proteolytic enzymes, derived from the pineapple plant's ripe and unripe fruit, as well as the stem and leaves. Bromelain that is sold commercially is usually stem bromelain. Bromelain is mostly made up of cysteine proteases, with traces of acid phosphatase, peroxidase, amylase, and cellulase thrown in for good measure. There are at least four different types of bromelain. Bromelain is one of the most important protease enzymes found in pineapples (Ananas comosus). Pineapples can be eaten or served raw, cooked, juiced, or preserved. This fruit is perishable and only available during certain seasons. Bromelain is plentiful in pineapple stems and fruits, and it may also be separated in small amounts from pineapple debris such as cores, leaves, and peels. Other proteinases found in pineapple plants, such as ananain and comosain, are present in trace amounts, but bromelain is the most well-known and studied. Its amazing use as a phytomedical ingredient is one of the reasons for its high value. 1. Bromelain softens dough by hydrolyzing gluten when added to it during baking. It also improves biscuit and bread quality and taste. 2. In the dairy sector, bromelain is utilised to prevent casein condensation during the cheese-making process. 3. Bromelain is used to tenderise meat in the meat business. 4. Bromelain is utilised in cosmetics because of its skin regeneration and whitening properties. The global bromelain market was worth USD 37.6 million in 2019 and is predicted to increase at a CAGR of 7.2 percent between 2020 and 2027. Because of increased R&D activities to improve the product's applications in the treatment of cancer, HIV/AIDS, and inflammatory diseases such as asthma, coeliac disease, hepatitis, glomerulonephritis, and autoimmune diseases, bromelain's use in the healthcare sector is expected to grow significantly during the forecast period.
Plant capacity: Bromelain Enzyme 3.0 MT per dayPlant & machinery: 92 Lakhs
Working capital: -T.C.I: Cost of Project: 285 Lakhs
Return: 33.25%Break even: 82.73%
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Extraction of Cashew Nut Shell Oil and Cardanol

The Portuguese introduced cashew (Botanical name AnacardiumOccidentale) to India four centuries ago, mostly to reduce soil erosion. The second most popular tree nut in international commerce circles is the cashew, which is followed by the almond. Cardanol is a phenol derived from anacardic acid, which is the major component of cashew nutshell liquid (CNSL), a byproduct of the cashew nut manufacturing process. Cardanol is utilised in resins, coatings, frictional materials, and surfactants used as pigment dispersants in water-based inks in the chemical industry. Cardanol is obtained by distilling CNSL under decreased pressure. The residue will be high in cardanol, which is commonly known as residol and can be utilised to make friction dust for brake linings as well as rubber compounding formulations. The liquid from cashew nuts is used in a variety of polymer-based industries, including paints and varnishes, resins, industrial and ornamental laminates, brake linings, and rubber compounding resins. The cashew apple and its juice have a wide range of medical applications. It is an excellent purgative and an useful cure for survey, cough, and cold. Cashew nut wood is used for fuel and charcoal production. Corrugated and rigid board boxes are made from its wood pulp. The outside skin of the cashew nut is soft and feathery, whereas the inner layer is thin and firm. The honeycomb structure between these skins contains the phenolic compound known as Cashew Nut Shell Liquid, abbreviated as CNSL. The kernel, shell, and testa of the cashew nut are made up of 20 to 25 percent kernel, 60-70 percent cashew nut shell, and 2-5 percent testa on average. The shells can be burned to generate heat for the decorticating processes, and cashew nut shell liquid (CNSL) is an important industry raw material for resin synthesis. Cashew Nut Shell Liquid (CNSL), the liquid contained within the shell casing of the cashew, has a number of industrial applications. Few Indian Major Players 1. Golden Cashew Products Pvt. Ltd. 2. Kerala State Cashew Devp. Corpn. Ltd. 3. Padmavathi Cashews & Coffee Ltd. 4. Pratap Cashew Co. Ltd.
Plant capacity: Cashew Nut Shell Oil 11.0 MT per day Cardanol 5.5 MT per day De-Oiled Cashew Nut Shell Cake (bye Product) 78.0 MT per dayPlant & machinery: 323 Lakhs
Working capital: -T.C.I: Cost of Project: 752 Lakhs
Return: 26.72%Break even: 52.53%
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Lucrative Industry of HDPE Jumbo Bags (Flexible Intermediate Bulk Containers)

Jumbo bags are large bags that are used to pack bulk items of various types. These large bags come in a variety of specifications and grades to meet the needs of our customers and their packaging. The jumbo textiles are constructed of polypropylene materials that are extremely resilient and flexible, making them ideal for a variety of packaging applications. Jumbo bags are large bags that are used to pack bulk items of various types. These large bags are produced in a variety of specifications and grades to meet the needs of our customers and their packaging. Jumbo bags are large bags that are used to pack bulk items of various types. These large bags are produced in a variety of specifications and grades to meet the needs of our customers and their packaging. The jumbo textiles are constructed of polypropylene materials that are extremely resilient and flexible, making them ideal for a variety of packaging applications. • Cost-effective • Very sturdy and flexible • Easy to lift thanks to inbuilt lifting loops • A wide range of sizes are available. • A wide range of filling, discharging, and lifting options • FIBCs are lightweight and portable. These bags may be transported in a very straightforward and simple manner thanks to the large range of Lifting Options offered. • FIBCs are available in a variety of sizes and specifications, and are known for their long life and durability. • FIBCs are the most convenient and cost-effective means to carry and transfer bulk goods for export. By 2023, the global bulk bags market is estimated to be worth USD 4956.7 million, increasing at a 6.80 percent compound annual growth rate (CAGR). To replace wood and cardboard, the market demands reusable, recyclable, and contamination-free packaging solutions. Bulk bag producers are encouraged to create innovative solutions in part by the requirement to prevent damage and contamination to FIBC loads, which customers have expressed as a critical necessity. Few Indian Major Players 1. Ashoka Poly Laminators Ltd. 2. Bardanwala Plastics Pvt. Ltd. 3. Commercial Syn Bags Ltd. 4. Eclat Industries Ltd. 5. Hanson Agro Ltd. 6. Indra Industries Ltd. 7. Jagannath Polymers Pvt. Ltd.
Plant capacity: HDPE Jumbo Bags (FIBCS) 6,666.7 Nos Per DayPlant & machinery: 3465 Lakhs
Working capital: -T.C.I: Cost of Project: 38 Lakhs
Return: 26.27%Break even: 36.20%
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Profitable Business of Xanthan Gum (Food and Oil Drilling Grade)

Xanthan gum is a popular food additive that is used as a thickening or stabiliser in a variety of dishes. When sugar is fermented by a bacteria called Xanthomonascampestris, it produces xanthomonascampestris. When sugar is fermented, a soup or goo-like fluid is produced, which is solidified by adding alcohol. After that, it's dried and ground into a powder. Xanthan gum is a chemical that is utilised in the production of a variety of foods and pharmaceuticals. In these goods, it has various effects. It can thicken things up, keep textures consistent, and keep items in place. Xanthan gum is a polysaccharide that has a variety of industrial applications, including as a food additive. It works as a thickener and stabiliser to keep the ingredients from separating. It's made from several simple sugars through a fermentation process, and it gets its name from the bacteria strain used, Xanthomonascampestris. Xanthan gum thickens commercial egg substitutes derived from egg whites, which are used to replace the fat and emulsifiers contained in egg yolks. Because it does not modify the colour or flavour of foods or beverages at common use levels, it is also a favoured technique of thickening liquids for persons with swallowing problems. It's a widely utilised gum in the food sector for industrial purposes. Its thickening and binding properties make it an excellent food addition for bakery and dairy products. Xanthan gum is a chemical that is utilised in the production of a variety of foods and pharmaceuticals. In these goods, it has various effects. It can thicken things up, keep textures consistent, and keep items in place. The xanthan gum market was valued at over USD 960 million in 2019 and is expected to increase at a CAGR of over 6% between 2020 and 2026. Increasing gluten sensitivity prevalence and quick penetration of healthy snacks in the food and beverage business are expected to enhance product demand. Increased competition in the food and beverage sector, as well as a rapid transition to gluten-free snacks, are expected to boost product demand. Furthermore, shifting consumer ideas of health and nutrition, as well as a growing demand for easily digested solutions, may boost xanthan gum demand.
Plant capacity: Xanthan Gum Food Grade 720.0 Kg. Per Day Xanthan Gum Oil Drilling Grade 340.0 Kg. Per DayPlant & machinery: 120 Lakhs
Working capital: -T.C.I: Cost of Project: 555 Lakhs
Return: 25.27%Break even: 61.77%
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Setup a Plant of Disposable Plastic Syringes with Needles

Disposable Syringes are plastic syringes that are used in the fields of medicine and veterinary medicine. Disposable syringes are rapidly replacing the age-old glass syringes due to their availability in sterilised, ready-to-use, and cost-effective state. The ever-increasing use of this type of syringe demonstrates its importance, which is based primarily on the financial and hygienic benefits it provides. Plastic syringe manufacturing has progressed to the point that the goods now meet the specifications and standards set by hospitals and physicians. At the same time, they provide the finest possible application technique for the physician and the highest level of patient safety. Doctors, as well as research and development staff, utilise disposable syringes to inject drugs intravenously or intramuscularly for the treatment of disorders. Disposable syringes are a type of plastic syringe that is used in the medical and veterinary fields. Disposable syringes are rapidly replacing the age-old glass syringes due to their availability in sterilised, ready-to-use, and cost-effective state. Because of their convenience and inexpensive cost, research laboratories frequently employ medical-grade disposable hypodermic syringes. Another purpose for the needle tip is to add liquids to very small areas, such as when cleaning scientific equipment. When great precision is not required, they are frequently employed for measuring and transporting liquids and reagents. Microliter syringes, which use a small diameter capillary as the syringe barrel, can be used to measure and deliver compounds very precisely. The market for disposable syringes was valued at USD 7.29 billion in 2018 and is predicted to grow at a CAGR of 6.19 percent to USD 11.08 billion by 2025. The Global Disposable Syringes Market is predicted to be driven by the rising incidence of various chronic diseases that need the use of disposable syringes in their treatment. Furthermore, various government organisations subsidise companies that manufacture disposable syringes for the treatment of chronic diseases like diabetes, which account for the majority of the worldwide illness burden.
Plant capacity: Disposable Plastic Syringes with Needles 1 ml Size each Packed in Polypack: 50,000.0 Nos. per day Disposable Plastic Syringes with Needles 3 ml Size each Packed in Polypack: 50,000.0 Nos. per dayPlant & machinery: 524 Lakhs
Working capital: -T.C.I: Cost of Project: 345 Lakhs
Return: 30.78%Break even: 35.60%
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Investment Opportunities in Business of Turkey Red Oil

The oldest textile finishing chemical is Turkey Red Oil, often known as sulphonated castor oil in the trade. Turkey Red Oil is an example of a product created from castor oil. Sulfated Castor Oil is another name for it. This oil is well-liked in the market because of its ability to disperse freely in water, as well as its extended shelf life and purity. Turkey red Oil is a complex blend of pigments, oil varnishes, driers, and frequently waxy or oily substances. Turkey Red Oil is used as a humectant in cosmetics and as an emulsifier in bath oils. It's also utilised as a defoaming agent and an emulsifier in the textile and sugar industries, among other things. • As surfactants and wetting agents in textiles, defoaming agents in paper, emulsifiers in cosmetics, undecylenate in medicines, paints, inks, and lubricants. • This Turkey Red Oil or sulfonated castor oil aids in superfatting liquid soap for the soap-making business that wants to make transparent soaps. • This oil also aids in the emulsification of essential oils, allowing them to dissolve in water-based solutions. • It's the only oil that dissolves fully in water. It's a surfactant, therefore it's a great base for bath oil because it mixes nicely with water and creates a milk bath. • Sulfonated castor oil is also utilised as organic manure in agriculture, in the paper sector for defoaming, and in pharmaceuticals. The global Sulphonated Castor Oil market was worth USD million in 2019 and is predicted to reach USD million by the end of 2026, growing at a CAGR of between 2021 and 2026. Because of the transition in sectors away from petrochemical resources, the worldwide sulfated castor oil market is in a state of flux. The global sulfated castor oil market is being driven by a growing shift in consumer preference for bio-based chemicals, which may be ascribed to fluctuating petrochemical pricing and rising demand for sustainable and bio-degradable plant-based chemical products. Few Indian Major Players 1. Adya Oils & Chemicals Ltd. 2. Biotor Industries Ltd. 3. Ihsedu Agrochem Pvt. Ltd. 4. Jayant Agro-Organics Ltd. 5. Kalyani Refineries Ltd. 6. Mangalam Global Enterprise Ltd. 7. N K Industries Ltd.
Plant capacity: Turkey Red Oil 4,000.0 Kgs Per DayPlant & machinery: 36 Lakhs
Working capital: -T.C.I: Cost of Project: 164 Lakhs
Return: 26.77%Break even: 66.49%
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Investment Opportunities and Strategies in Startup of Oxygen Gas Plant (Industrial and Pharmaceutical Grade).

Chemicals used in industry might be elemental gases, chemical compounds, organic or inorganic. Specialty gases, medical gases, fuel gases, and refrigerant gases are some of the terms used in different industries. The various gases are employed in a range of industries, with the metal, polymer, and food industries being the most common. The different gases' applications are mentioned below. The Glenbrook steel mill uses the majority of the oxygen produced by BOC Gases to oxidise undesirable impurities in the steel. The rest is used in food processing, medical oxygen for respiration, and oxy-acetylene torches. Industrial oxygen is utilized for combustion, oxidation, cutting, and chemical reactions in industrial plants. The purity levels of industrial oxygen are not suitable for human consumption, and contaminants from filthy equipment or industrial storage could make people sick. Medical oxygen is produced with a high level of purity, and the oxygen generation equipment is built to the highest quality requirements. In the air separation, medical oxygen is distilled until it fulfils medical criteria. Ambulances, surgery, and intensive care units all need medical grade oxygen. It is mandatory to have adequate drug licences and follow standard operating processes while producing medical oxygen, which is also listed as a drug on the WHO list of essential medicines. Most living things require oxygen to survive, therefore the importance of oxygen in the area of medicine cannot be overstated. Oxygen is employed in almost every aspect of healthcare, from resuscitation to inhalation therapy. Chronic asthma, cystic fibrosis, pulmonary hypertension, obstructive sleep apnea, heart failure, anaphylaxis, significant trauma, and seizure or hypothermia are just a few of the chronic and acute health disorders for which oxygen treatment is commonly utilised. Oil and gas, petrochemicals, chemicals, power, mining, steelmaking, metals, environmental protection, medicine, pharmaceuticals, biotechnology, food, water, fertilisers, nuclear power, electronics, and aerospace are just a few of the industries that employ industrial oxygen gases. To live, we need to breathe oxygen. However, oxygen has numerous practical use. It may kill microorganisms and is used in welding and wastewater treatment. Carbon monoxide poisoning is treated with oxygen, which also permits divers to breathe underwater. The global industrial gases market was worth USD 92.0 billion in 2020, and it is predicted to increase at a CAGR of 6.0 percent from 2021 to 2028. The expanding manufacturing industry in Asia Pacific's developing economies is primarily responsible for the market's growth. Furthermore, rising industrialization and urbanisation, as well as the increased use of industrial gases in a variety of industries, including healthcare, metals and mining, and food and beverages, are projected to have an impact on market growth in the coming years. Gases produced in significant numbers for use in industrial processes are referred to as industrial gases. These gases are also known as fuel, medicinal, refrigerant, or speciality gases, depending on their application in various industries. The market for medical and pharmaceutical gases and equipment is expected to reach $15.2 billion in 2019, with a CAGR of 6.4 percent from 2020 to 2025. Pharmaceutical and medical gases are fluids designed for use in the medical, pharmaceutical, and biotechnology industries. They're typically utilised to synthesise, sterilise, or insulate human-health-related processes or goods. Major Key Players: 1. Arrow Oxygen Ltd. 2. Bhagawati Oxygen Ltd. 3. Govind Poy Oxygen Ltd. 4. Howrah Gases Ltd. 5. Linde India Ltd. 6. Madhav Industrial Gases Pvt. Ltd. 7. Niket Udyog Ltd. 8. Praxair India Pvt. Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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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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