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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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Ethanol from Grains

Ethanol Ethanol is a form of alcohol that can be used to power a variety of vehicles, including automobiles, trucks, buses, boats, and motorbikes. Some forms of equipment, such as farm equipment and tiny generators, can also be powered by it. Ethanol is usually generated from sugarcane or maize grain, although it can also be made from grasses or even some types of wood. Production of Ethanol from Grain Ethanol derived from grain production converts agricultural waste items into fuel. This fuel can be used in gasoline or diesel-powered cars, trucks, and other means of transportation. It also burns cleaner than fossil fuels, making it both more environmentally friendly and less expensive to generate than other ethanol sources now accessible. Dry milling, wet milling, and solvent refining are the three ways for producing ethanol from grain. Cleaning the agricultural waste products to eliminate any chemicals or undesired material is the first step in all three of these procedures. Ethanol is one of three types of alcohol that can be produced from grain (the other two are methanol and butanol). Any type of grain, including corn, barley, wheat, and even grasses, can be used to generate ethanol. Ethanol is a renewable energy source since it can be generated from organic materials found in plants. It is made by drying grains and then putting them into a fermenter to be turned into sugar by yeast. Market Size From 2021 to 2030, the global ethanol market is predicted to increase at a CAGR of 5.2 percent, from USD 93.7 billion in 2020 to USD 155.6 billion in 2030. With a market share of 67.3 percent, the grain-based category dominated the global market. The segment's expansion has been aided by the widespread availability of corn and maize, as well as the development of efficient technologies around the world. Dry milling is the most common method for producing grain-based ethanol, and one bushel of maize can provide 2.86 gallons of denatured ethanol.
Plant capacity: 10KL/DayPlant & machinery: 1500 Lakhs
Working capital: N/AT.C.I: -
Return: 1.00%Break even: N/A
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Production of Liquid Hand Soap, Foam & Bath Soap

A soap is a fatty acid-like molecule that has been saltified. A soap molecule consists of a long hydrocarbon chain with a carboxylic acid group on one end that forms an ionic bond with a metal ion, usually sodium or potassium. The ionic end is soluble in water, but the non-polar hydrocarbon end is extremely soluble in non-polar substances. Soaps have the ability to emulsify or disperse water-insoluble pollutants and retain them suspended in water, which allows them to cleanse. Soaps' molecular structure exemplifies this ability. When soap or detergent molecules come into contact with water that contains oil or other water-insoluble substances, they ring the oil droplets. Soap is a fatty acid salt used in a variety of cleaning and lubricating products. Soaps are surfactants that are often used in the home for laundry, bathing, and other household chores. In industrial settings, soaps are used as thickeners, components of some lubricants, and catalyst precursors. Soap dissolves particles and grime, allowing them to be removed from the item being cleaned when used for cleaning. When soap is lathered with a little water, it kills bacteria by disorganizing their membrane lipid bilayer and denaturing their proteins as a surfactant. Oils are also emulsified, making them easier to remove with running water. The global liquid soap market is predicted to grow at a remarkable rate between 2019 and 2028. This rise can be attributed to folks all across the world becoming more mindful of personal cleanliness. Liquid soaps have a low PH. As a result, they are gentle and suitable for all skin types, especially sensitive skin. As a result of all of these factors, the global liquid soap market is witnessing high demand from the general public. Few Indian Major Players 1. AdorMultiproducts Ltd. 2. Cavinkare Pvt. Ltd. 3. EvershineOleochem Ltd. 4. Fresno & Bakersfield India Ltd. 5. Gaillard Cosmetics (Mumbai) Pvt. Ltd. 6. Hindustan Unilever Ltd.
Plant capacity: Bath Soap (1 Kgs Pack 10 Pcs. Each 100 gms Size) 1,000 Kgs Per Day Liquid Hand Soap (Pack 1 Ltr. Plastic Cans) 1,000 Kgs Per Day Foaming Hand Soap (Pack 1 Ltr. Plastic Cans) 1,000 Kgs Per DayPlant & machinery: Rs. 49 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 261 Lakhs
Return: 57.00%Break even: 44.00%
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Profitable Business of Stone Plastic Composite (SPC) Flooring Tiles

SPC, also known as solid polymer core for flooring tiles, is a firm core formed primarily of limestone with a mixture of polyvinyl chloride and stabilisers used in vinyl flooring. It is denser as a result of the 75 percent limestone core fused together with a 25% PVC core. SPC stiff cores are used in modular vinyl flooring to provide dimensional stability and rigidity. Because of its high limestone content, SPC is highly dense, durable, and resistant to impact and indentation. Stone plastic composite is resistant to cupping and peeling since it is watertight. It can be used in laundry rooms, restrooms, basements, kitchens, and other places where there is a need for organisation. SPC rigid core vinyl flooring is installed using a floating interlocking technique. It's low-maintenance and long-lasting, making it ideal for commercial flooring with a lot of foot activity. The elastic SPC core is coated with a decorative and protective UV coating to create stunning and durable flooring. SPC flooring is environmentally friendly, has no formaldehyde, is waterproof, and may be used in a variety of applications. It also offers excellent anti-skid properties, a pleasant foot sensation, and is akin to real wood flooring. It's also wear-resistant, has a long service life, is fire and flame resistant, and can be used for geothermal, heat preservation, and energy conservation. The global Stone Plastic Composite Flooring market was valued at USD 24.00 billion in 2020, and it is expected to rise at a CAGR of 14.26% to USD 27.35 billion in 2021, before reaching USD 53.44 billion by 2026. The growing number of construction activities and the construction industry around the world, as well as the easy availability of an affordable and rigid product, are some of the major and impactful factors that would likely augment the growth of the stone plastic composite flooring market. Few Indian Major Players 1. Aalishaan Structure & Interiors Pvt. Ltd. 2. Marvel Vinyls Ltd. 3. Responsive Industries Ltd.
Plant capacity: Stone Plastic Composite (SPC) Flooring Tiles 3,000 Sq,mtr Per DayPlant & machinery: Rs. 408 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1011 Lakhs
Return: 28.00%Break even: 65.00%
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Production Industry of Men’s Undergarment (EOU)

Underwear is a type of clothing that is worn beneath other garments and is frequently worn next to the skin. They help to keep sweat off your gear. They also aid in the formation of the body and provide support for various body parts, as well as keeping the wearer warm in cold conditions. Underwear can be used to protect a person's modesty while still making them look sexy. Some types of undergarments are associated with religious significance. Some items, such as T-shirts and certain types of shorts, are intended to be worn just as underwear, while others, such as T-shirts and certain types of shorts, can be worn as both underwear and outerwear. If the correct fabric is utilised, some types of underwear can be used as nightwear or swimwear. Underwear is one of the most private and personal decisions in menswear because only a few people will see it. It's worn all day, every day, right next to the skin. As a result, while many men prefer one sort of underwear over another, it's more practical to pick a style based on the day's activities. The global men's underwear market is estimated to exceed US$ 16.5 billion in sales by the end of 2027, growing at a CAGR of 5.8% over the forecast period (2020-2027). Because of the rising prevalence of organised retail around the world, the market for men's underwear is expected to grow. The market for men's underwear is expected to grow as disposable income rises and the metrosexual male population spends more on fashionable items. Rising demand for underwear as a need and for comfort is expected to help the men's underwear industry grow. The hosiery industry is a long-standing textile industry with enormous domestic and worldwide market potential. Because of its multiple advantages, the market for hosiery underwear is rising. Cotton underwear is popular among people from all walks of life because of its great absorbency, inexpensive cost, and widespread availability. People wear these foundation garments all year round in a range of weather conditions. The marketing of high-quality knitted underwear is expected to be uncomplicated. Few Indian Major Players 1. Bodycare International Ltd. 2. Dollar Industries Ltd. 3. J C Penney Services India Pvt. Ltd. 4. Seeds Intimate Apparel India Pvt. Ltd. 5. Shakthi Knitting Pvt. Ltd. 6. Triumph International (India) Pvt. Ltd.
Plant capacity: Men's Briefs 10,000 Pcs Per Day Sports Briefs 10,000 Pcs Per Day Men's Boxers 10,000 Pcs Per DayPlant & machinery: Rs. 239 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1656 Lakhs
Return: 27.00%Break even: 52.00%
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Profitable Business Industry of EV Charging Stations.

Electric vehicle charging station business opportunity is one of the pinnacle business models worldwide. As EVs turn out to be an extra regular on the road, many startups and entrepreneurs are interested in beginning an EV charging station commercial enterprise. With the augmented mindfulness of the environment and the introduction of electric cars (along with e-cars and e-scooters), electric car charging stations are on the list of some top enterprise opportunities in many countries for the last decade. When thinking about an EV charging commercial enterprise version, it’s essential to understand which models will be simplest for the kind of visiting driver and the kind of location/enterprise where the charging stations may be established, in addition to the typical expenses incurred. The method that an entrepreneur or startup takes is important because flexibility and scalability are clearly important for this kind of new and fast-paced industry. The budget of beginning an EV charging station could be very less compared to other business setups. Consequently, the cost of starting EV stations involves only the installation fee which consists of the price of chargers, power, software program, infrastructure, marketing, manpower, and maintenance. Is It Profitable To Start An EV Charging Business? EV charging stations and public charging setup enterprises are some of the finest enterprise opportunities. Even though the client category still predates and relies upon the conventional auto industry, EV vehicle enterprise is the next generation choice. Aside from this, state governments provide extra advantages, like exemption on street tax, registration charges, stamp duty, electricity tax, and many others. It is comprehensible that increased trade of such vehicles will demand an extra number of charging points. The range of electric vehicles running on the roads is significantly greater than the wide variety of EV fee stations at the roads. Market Growth of EV Charging stations In recent years, the demand for electric cars is increasing unexpectedly internationally. Though, China and the USA are keeping the principal market proportion for the same. For the reason that demand for EVs is increasing, hence the electric charging industry is likewise driving. Governments globally are contributing in the direction of putting in the charging stations. For example, the Chinese government authorities have accepted the improvement of fast-charging stations by the national policies. Furthermore, in the USA, the government is presenting all its support and funds to broaden EV charging stations. Such active help through government groups is likely to increase the marketplace for charging stations at some stage in the forecast duration. The worldwide electric automobile Charging Station market is predicted to grow from 27 billion in 2020 to $129.07 billion by 2027, at a CAGR of 10.1%. Elements along with growing demand for energy-efficient commuting, governments associating electric-powered vehicles, and their charging infrastructure through preferential rules, subsidies, and tax rebates have caused a developing call for this section in conjunction with the fact that in the subsequent 2 decades, many governments around the world have introduced plans to phase out fossil gas cars from the market. The Driving Factors One of the most critical elements driving the Electric Vehicle Charging Station marketplace is the growing costs of petroleum merchandise. Customers from developing nations are already laid with the elevated price of petrol. Electrical automobiles operating on electricity will decrease the working value of usage for those cars. Another important thing driving this sector is the reducing fee of EV with the lessening of battery cost which is also causing growth in demand for EV’s and EV charging stations. The electric vehicle charging stations market is predicted to develop with time and rising support from government bodies of various countries. Many nations have found the necessity to go electric to lessen the increasing pollution from motors, with the United States and China already gearing as much as electric cars. China’s swiftly growing economy is using the expansion of superior technologies to improve electrification in the country. China has spent about USD 2.4 billion till year 2020 to enhance the charging facility infrastructure in the nation. Entrepreneur India’s project reports incorporate a unique mix of exact insights and qualitative analysis to assist startups and entrepreneurs reap sustainable growth. The professionals, experienced analysts, and specialists use industry-leading research tools and techniques to collect comprehensive marketplace studies, interspersed with relevant records. The report consists of a competitive view based totally on an in-depth assessment of the important strategies adopted by the main marketplace members within the electric automobile charging stations marketplace over the past few years.AK_20art_21
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Start Assembling of Lithium Ion Battery (Battery Assembly)

A lithium-ion battery, often known as a Li-ion battery, is a rechargeable battery in which lithium ions flow via an electrolyte from the negative electrode to the positive electrode during discharge and then back again during charging. A lithium-ion battery's positive electrode is constructed of an intercalated lithium compound, while the negative electrode is commonly graphite. With the exception of LFP cells, lithium-ion batteries have a high energy density, no memory effect, and a low self-discharge rate. Either energy or power density can be emphasised in cells. However, because they contain flammable electrolytes, they can pose a safety risk. Which, if damaged or wrongly charged, can result in explosions and flames. • More Compact Design: Li-ion batteries are smaller and lighter than traditional rechargeable batteries when compared to their capacity, and are thus used in portable consumer electronics devices where weight and form factor are important selling points. • Lower Self-discharge and Longer Shelf Life: While compared to other rechargeable batteries, Li-ion batteries have a lower self-discharge rate of about 1.5 percent per month, allowing for a longer shelf life when not in use due to the slower drain. • Fast Charging: Lithium-ion batteries charge faster than other rechargeable batteries including lead acid, nickel-metal hydride, and nickel-cadmium. • Low Maintenance: Lithium-ion batteries do not need to be maintained in order to function properly. • High Open-Circuit Voltage: Due to their chemistry, Li-ion batteries have a higher open-circuit voltage than other batteries such as lead acid, nickel-metal hydride, and nickel-cadmium. From 2021 to 2030, the global lithium-ion battery market is expected to grow at a CAGR of 12.3%, growing from USD 41.1 billion in 2021 to USD 116.6 billion in 2030. The market's growth can be attributed to increased demand for lithium-ion batteries in electric vehicles (EVs) and grid storage, since they offer high-energy density and lightweight solutions. Due to a growth in the registration of electric vehicles and a decrease in the price of lithium-ion batteries, the market size is predicted to grow throughout the forecast period. Market expansion is predicted to be fueled by an increase in electric vehicle sales as well as a shift in customer preferences. The rising number of solar installations and nuclear power plants, as well as the launch of wind energy projects, are likely to propel market growth over the forecast period. Few Indian Major Players 1. Anand Batteries Ltd. 2. Bharat Electronics Ltd. 3. Carborundum Universal Ltd. 4. Eon Electric Ltd. 5. H B L Power Systems Ltd. 6. Luminous Power Technologies Pvt. Ltd.
Plant capacity: 48 Volt, 60 AH Lithium-Ion Battery Pack 10 Nos per day 48 Volt, 80 AH Lithium-Ion Battery Pack 10 Nos per day 48 Volt, 100 AH Lithium-Ion Battery Pack 10 Nos per day 60 Volt, 20 AH Lithium-Ion Battery Pack 10 Nos per day Plant & machinery: Rs. 165 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 538 Lakhs
Return: 29.00%Break even: 67.00%
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Opportunities in Waste Lubricating Oil Recycling Plant

Waste oil is mostly made up of hydrocarbons and can be found in both industrial and non-industrial settings. It may contain additives and impurities as a result of physical contamination and chemical reactions that occur during use. Because used oil has been used previously, it has become contaminated with chemical and physical pollutants. Used oil includes transmission oil, motor oil, brake fluid, hydraulic oil, and gearbox oil. Oil that has been used is a recyclable material that can be recycled, reused, or disposed of. Oil is not considered a waste product once it has been used. Lubricating lubricants are commonly used in industries to reduce friction and wear by interposing a thin film of oil between metallic surfaces. Water, salt, dirt, metal scrapings, broken down additive components, varnish, and other impurities may mix with the oil or be generated in it during normal use as a result of thermal breakdown or oxidation. Recycling and reusing wasted oil is preferable to disposing of it, and it can have considerable environmental benefits. Recycled used oil can be refined into new oil, converted into fuel oils, and utilised as a raw material in the petroleum industry. The term "waste oil" describes refined oil that has been delivered for a variety of purposes. Impurities, dirt, and toxins are all present in waste oil. Waste oil is any synthetic or petroleum-based oil that has become contaminated and unfit for its intended function. The main sources of this material are crankcase and lubrication wastes. The method of refining waste oil to generate fuel or lubricating oil is currently employed in various places. Waste oil appears to be harmful to the environment because it is burned or haphazardly dumped into the ground. Government agencies must create efficient recycling and disposal plans in order to refine waste oil. This contributes to environmental protection by reducing illegal waste oil dumping. New waste oil treatment and disposal technologies enable more efficient service while also lowering environmental risk. Few Indian Major Players 1. Asia Refinery Ltd. 2. Bharat Shell Ltd. 3. Castrol India Ltd. 4. Enpro Industries Pvt. Ltd. 5. Fuchs Lubricants India Pvt. Ltd. 6. G P Petroleums Ltd. 7. G S Caltex India Pvt. Ltd. 8. Indian Oil Blending Ltd.
Plant capacity: Used Lubricating Oil 20,000 Ltrs per day Spent Clay as by product 2,105 Ltrs per dayPlant & machinery: Rs. 127 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 753 Lakhs
Return: 27.00%Break even: 50.00%
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Profitable Growing Industry of Medical Disposables (Gowns/Drapes)

Doctors and nurses in the operating room use surgical gowns to prevent the transmission of germs and body fluids from the operating staff to the patient, as well as from the patient to the operating staff. Surgical gowns must meet a variety of well-documented performance requirements. Surgical gowns must be disease and infection resistant while also allowing for sufficient mobility. They must allow for adequate mobility while also preventing rubbing, chafing, ripping, and linting. They should fit snugly but not tightly. Because there is generally excess fabric, the gowns must withstand constant pulls on the fabric during normal motions. A surgical drape is a disposable, non-woven covering that is used to cover a patient's region. The surgeon can perform the surgery through a fenestration (an opening) in the drape. Depending on the type of operation, it comes in a variety of sizes. The drapes in each hospital are different. A 15-square-inch drape with a 3-square-inch fenestration could sufficient for an eye operation, but open heart surgery necessitates the largest drape possible, a laparotomy drape that covers the entire body. Surgical drapes keep the operating area clean and free of bacteria. The adhesive tape must attach securely to both the drape material and the patient's skin in order to accomplish this; its performance cannot be affected by the sterilisation procedure or compromised by pre-operative cleaning chemicals. For Surgical Procedures, Gowns and Drapes The market is predicted to grow at a CAGR of 4.42 percent from 2021 to 2028, from USD 2.28 billion in 2020 to USD 3.23 billion in 2028. The Surgical Drapes and Gowns market is being driven by an increase in surgical operations due to sports injuries, accidents, and heart surgeries due to a greater frequency of cardiovascular disorders and other chronic ailments where surgery is indicated as needed. Surgical gowns and drapes are also in high demand due to increased demand for patient and healthcare worker protection, as well as an increase in the prevalence of surgical site infections. Few Indian Major Players 1. PrimewearHygine (India) Product Ltd. 2. RaajMedisafe India Ltd. 3. Surgeine Healthcare (India) Pvt. Ltd. 4. VikramNuvotech India Pvt. Ltd.
Plant capacity: Medical Gowns 1,250 Pcs Per Day Medical Drapes 1,250 Pcs Per DayPlant & machinery: Rs. 286 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 611 Lakhs
Return: 26.00%Break even: 53.00%
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Manufacturing Industry of Calcium Carbide(CaC2)

The chemical substance calcium carbide, sometimes known as CaC2, has the formula CaC2. There appear to be greyish whitish masses present. Carbide Candles, which are small carbide lamps used to blacken rifle sights and reduce glare, also include calcium carbide. These "candles" are utilised because acetylene produces a sooty flame. Other names for it include calcium acetylide, phenyl glyceryl ether diacetate, and glycerol phenyl ether diacetate. Calcium carbide is an important raw material in the organic synthesis industry. Acetylene, chloroprene rubber, calcium cyanamide, acetate acid, trichloroethylene, and acetaldehyde can be made by mixing acetylene, chloroprene rubber, calcium cyanamide, acetate acid, trichloroethylene, and acetaldehyde with other materials. It can also be used in steel manufacturing as a desulfurizing agent, as well as for metal cutting and welding. Along with calcium phosphide, calcium carbide is used in floating, self-igniting naval signal flares. Calcium carbide has been declared a flammable substance under the Inflammable Substances Act, and the Petroleum Act has been applied to it. When moisture comes into contact with calcium carbide, acetylene gas is produced, which has a wider explosive range. Calcium carbide is used in the following industries: • It's utilised in the production of calcium hydroxide and acetylene. • Because acetylene, a calcium carbide derivative, may be used as a raw material, it is used in the production of polyvinyl chloride (PVC). • It's used to make calcium cyanamide. • It's used to remove sulphur from iron. The process of eliminating sulphur from any material is known as desulphurization. • Similar to ethylene, it is used as a ripening agent. • Both bamboo and big-bang cannons contain it. • It's used as a deoxidizer, which means it helps remove oxygen during the steel-making process. Calcium carbide is a calcium-containing mineral. The market is predicted to grow significantly from 2019 to 2025 due to its metallurgical and chemical uses in sectors such as steel manufacturing, fertiliser, and metal fabrication. Product derivatives are utilised downstream in the automotive, pharmaceutical, and plastics industries, which could help the industry grow. In an electric arc furnace, lime and coke are heated to produce a translucent, colourless inorganic material. The technical grade substance creates an unpleasant garlic-like odour when exposed to trace moisture. Desulfurization and the elimination of unwanted iron oxide are two metallurgical processes that use it. The calcium carbide market is likely to grow further due to its use in integrated steel mill desulfurization. The calcium carbide market is predicted to grow due to its use with calcium phosphide, which is used in floating and self-igniting naval flares for defensive countermeasures, illumination, and signalling. Because calcium flares may be released underwater and illuminate submerged objects, they are commonly employed in maritime applications. The global market for marine safety is estimated to hit USD 35 billion by 2026, favouring market size. Few Indian Major Players 1. D C M Shriram Ltd. 2. K P L International Ltd.
Plant capacity: Calcium Carbide 60 MT Per DayPlant & machinery: Rs. 2127 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 3810 Lakhs
Return: 28.00%Break even: 68.00%
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Automated Vehicle Scrapping and Recycling Unit

Vehicle recycling is the deconstruction of cars for spare parts. When vehicles reach the end of their useful lives, they have value as a source of replacement components, which has given rise to the car dismantling industry. Wrecking yards, auto dismantling yards, automotive spare parts suppliers, and, more recently, auto or vehicle recycling are all phrases that have been used to characterise the industry's business outlets. Vehicle recycling has long been a component of the process, but manufacturers have become increasingly active in recent years. A car crusher is commonly used to reduce the size of a junk car so that it can be transferred to a steel mill. The "Voluntary Car-Fleet Modernization Program," also known as India's vehicle scrapping programme, intends to usher in a new era of what it means to own and use a car in India. Nitin Gadkari, the Minister of Road Transport and Highways, introduced it in Parliament in March. The programme demands that all automobiles above a certain age be taken off the road in order to achieve higher pollution control and safety, which new vehicles provide. A commercial vehicle over 15 years old or a personal vehicle over 20 years old that fails an automatic fitness test, regardless of whether it runs on diesel or gasoline, is earmarked for scrapping. As a result, automobile recycling is essential. It's also crucial to handle them properly to avoid hazardous waste from being released into the environment. Such vehicles must be disposed of by professionals who are familiar with hazardous chemicals such as fuel, coolants, and brake fluids. Environmental Benefits: Steel is one of the most significant materials in the automobile's construction; it's utilised to make the bulk of the components, including the framework. Because iron ores are required for the production of steel, recycling automobiles contributes to the preservation of iron ores. All waste generated as a by-product of steel processing is avoided as well, guaranteeing that air pollution is not increased. Wildlife Preservation: It's also worth mentioning that proper car recycling can help preserve local flora and fauna. Steel mining is bad for the environment because it produces soil erosion and degradation, which means animals can't keep up with their normal habits and may become unwell as a result. Land erosion causes sediment flow into bodies of water, which has an impact on water quality and wildlife proliferation.
Plant capacity: 1000 Vehicles per MonthPlant & machinery: Rs. 497 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 2090 Lakhs
Return: 29.00%Break even: 40.00%
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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