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Best Business Opportunities in West Bengal- Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Mineral: Project Opportunities in West Bengal

PROFILE:

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 one of the world's most naturally endowed lands. India is home to numerous minerals which benefit the country economically. The minerals produced in India constitute one-quarter of the world's most popular mineral resources.

RESOURCES:

West Bengal stands third in the country in terms of mineral production. The state contributes about one-fifth to the total production of minerals in the country. Coal constitutes 99% of the minerals extracted in West Bengal; fireclay, china clay, limestone, copper, iron, wolfram, manganese and dolomite are mined in small quantities. There are good possibilities of obtaining mineral oil and natural gas in the areas near the Bay of Bengal.

West Bengal is the third largest state for coal production, accounting for about half of India's total. Lignite mined in Darjeeling is used to make briquettes. West Bengal ranks next to Bihar and Madhya Pradesh in production of fireclay. China clay used in the pottery, paper, textile, rubber and paint industries are unearthed at Mohammad Bazar in Birbhum and Mejia in Bankura. Limestone which is used in cement industry is mined in Bankura, Purulia, Darjeeling and Jalpaiguri. There are copper mines in Jalpaiguri and Darjeeling. Small quantities of low quality iron-ore are mined in Bardhaman, Purulia, Birbhum and Darjeeling. There are manganese in the Jhargram region of Paschim Medinipur, Purulia and Bardhaman. The state’s production of dolomite comes from the Dooars region of Jalpaiguri.

GOVERNMENT POLICIES:

Keeping pace with the liberalised Mineral Policy being adopted by the Government of India, Government of West Bengal has formulated its Mineral Policy in 2002. Among the basic objectives of the West Bengal Mineral Policy, 2002 following are worth mentioning:

1. To review the existing State monopolies over mineral exploration and wherever required, go in for selective de-reservation.

2. To invite private capital, resources and technology, both foreign and domestic, for better exploration and exploitation;

3. To promote necessary linkages for smooth and uninterrupted development of mineral based industries to meet the needs of the State.

4. To ensure proper vigilance and supervision of mining activities with particular emphasis on simplification of procedures and greater generation of revenues from mineral resources.

5. To develop industry friendly facilities in specific minerals like, Coal, Granite and China Clay and in Natural gas like Coal bed Methane.

 

Iron and Steel: Project Opportunities in West Bengal

PROFILE:

India has one of the richest reserves of all the raw materials required for the industry, namely land, capital, cheap labour, iron ore, power, coal etc. Yet India is 5th in the world ranking for production of steel. Iron and steel is basis for laying the vibrant Indian industry. Production of steel has come to exist as an index of a country's potential, industrial and economic growth. The making of iron and steel had been known to the people of India since long. The iron pillar of Delhi is a proof of it and speaks of the quality of steel produced in this country in ancient times. The steel industry is often considered to be an indicator of economic progress, because of the critical role played by steel in infrastructural and overall economic development. The per capita usage of steel gives an indication of the technological advancement of a nation.

RESOURCES:

The growth of steel industry in the State is largely related to the proximity of raw materials, skilled manpower, port facilities and the vast market for steel products. Given these location advantages, large numbers of mini integrated steel plants have already been set up in the state manufacturing a wide range of products such as sponge irons, mild steels, iron pipes etc. The neighbouring Eastern States of India viz. Jharkhand, Orissa and Chattisgarh are endowed with huge iron ore reserves along with cooking coal and non-cooking coal. The establishment of Bengal Iron Works at Kulti in Burdwan district of West Bengal in 1870 where the first commercial blast furnace was set up in 1875 heralded the commencement of this industry in the State.

The easy availability of power, competitive rates of freight, close proximity to areas with natural resources relevant to the industry, and labour force traditionality skilled in operating iron and steel units are factors that have influenced the surge in investment in this sector.

GOVERNMENT POLICIES:

Under the new industrial policy, iron and steel has been made one of the high priority industries. Price and distribution controls have been removed  as well as foreign direct investment up to 100% (under automatic route) has been permitted.  The Trade Policy has also been liberalized and import and export of iron and steel is freely allowed with no quantitative restrictions on import of iron and steel items. Tariffs on various items of iron and steel have drastically come down since 1991-92 levels and the government is committed to bring them down to the international levels.  With the abolishing of price regulation of iron and steel in 92, the steel prices are market determined. The policy devises a multi-pronged strategy to achieve these targets with following focus areas; removal of supply constraints especially availability  of critical inputs like iron ore; improve cost competitiveness by expanding and strengthening the infrastructure in roads, railways, ports and power; increase exports; meet the additional capital requirements by mobilizing financial resources; promote investments by removing  procedural delays. In addition the policy also addresses challenges arising out of environmental concerns, human resource requirements, R&D, volatile steel prices and the secondary sector. 

 

Leather: Project Opportunities in West Bengal

PROFILE:

Leather Industry occupies a place of prominence in the Indian economy in view of its massive potential for employment, growth and exports. There has been increasing emphasis on its planned development, aimed at optimum utilisation of available raw materials for maximising the returns, particularly from exports.  The Indian leather sector meets 10% of global finished leather requirement. The leather industry is spread in different segments, namely, tanning & finishing, footwear & footwear components, leather garments, leather goods including saddlery & harness, etc.

RESOURCES:

West Bengal has been functioning as a vast raw material resource base for the leather industry in the form of hides and skins. However, Indian leather export has undergone a transition from the export of raw hides and skins in the fifties to value added finished leather in the nineties. In the context, leather processing industries in West Bengal needed a strong structural support and proposal was mooted for setting up an eco-friendly complex near Calcutta with modern technical and training facilities. In this full scale integrated leather complex, facilities for leather-finishing, computer-aided design centres, modern training centre for up gradation are also being provided. This mega complex will also have manufacturing units to produce footwear uppers, finished foot wears, leather goods and garments to catering to the expanding domestic and export markets. The availability of a wide range of cost effective leather chemicals with consistent quality is crucial for the success of such a mega complex. Entrepreneurs can set up manufacturing units in the mega complex for both tanning chemicals and post-tanning chemical auxiliaries.

 

GOVERNMENT POLICIES:

Government policies in support of the industry are:

• The entire leather sector is now de-licensed and de-reserved, paving way for expansion on modern lines with state-of-the art machinery and equipment

• 100% Foreign Direct Investment and Joint Ventures permitted through the automatic route

• 100% repatriation of profit and dividends, if investments made in convertible foreign currency. Only declaration to this effect to the Reserve Bank is required.

• Promotion of industrial parks (one leather park in Andhra Pradesh, one leather goods park in West Bengal, one footwear park in Tamil Nadu and one footwear components park in Chennai).

• Funding support for modernizing manufacturing facilities 

• Funding support for establishing design studios

• Duty free import of raw materials (namely raw skins, hides, semifinished leather and finished leather) and of embellishments and components under specific scheme

• Concessional duty on import of specified machinery for use in leather sector

• Duty neutralization / remission scheme 

 

Petrochemicals: Project Opportunities in West Bengal

PROFILE:

The petrochemical industry in India has been one of the fastest growing industries in the country. Since the beginning, the Indian petrochemical industry has shown an enviable growth rate. This industry also contributes largely to the economy of the country and the growth and development of manufacturing industry as well. It provides the foundation for manufacturing industries like construction, packaging, pharmaceuticals, agriculture, textiles etc.    

RESOURCES:

The state of West Bengal accounts for almost 4% of India’s production of petroleum products and 13% of India’s polymer production. The production has almost doubled in the last decade. Crude throughput at Haldia refinery increased to 5,502 million tones and its capacity utilization increased to 91.7% during 2005-06.

The growth of the Petrochemical sector has been very impressive both in terms of units set up and investment volume. The main reason for the recent growth of this industry is due to upstream and downstream industry linkages by the oil refining and petrochemical units set up in the state. The industry is due to receive a further fillip with the announcement of US$ 1 billion gas pipeline project to bring natural gas in the state. Haldia Petrochemicals Ltd. is India’s second largest integrated petrochemical complex. Currently producing 1.5 million tons of polymers and chemicals and has grown significantly to its present turnover of US$ 1.4 billion.

GOVERNMENT POLICIES:

The major thrust areas of the policy are:

•        Encourage public sector companies & nationalized banks to enter the capital market to raise resources & offer new investment avenues.

•        Invite & encourage private sector investment in these industries in order to accelerate growth.

•        Set up Petroleum, Chemical & Petroleum Investment Regions (PCPIR) in the state to promote investment on a global scale.

•        Foreign Technology investments will be invited in the petrochemical industries.

•        Encourage Foreign Equity participation in the petrochemical industries.

 

Food Processing: Project Opportunities in West Bengal

PROFILE:

Indian food processing industry is widely recognized as a 'sunrise industry' having huge potential for uplifting agricultural economy, creation of large scale processed food manufacturing and food chain facilities, and the resultant generation of employment and export earnings. The food processing sector in India is geared to meet the international standards. Food Safety and Standards Authority of India has the mandate to develop standards and also to harmonise the same with International Standards consistent with food hygiene and food safety requirement and to the conditions of India's food industry.

RESOURCES:

West Bengal is one of the three front running states in India in food and agro processing sector. Fruits, vegetables and cereals grow in abundance in West Bengal. The state accounts for 30% of potatoes, 27% of pineapples, 12% of bananas and 16% of India’s rice production. Additionally fruits like mangoes, papaya, guava and jackfruit and vegetables like tomatoes, cauliflowers, cabbage, brinjal, pumpkin, are available in plenty.

West Bengal is the largest producer of rice, pineapple, vegetables and fruits in the country and second largest producer of potatoes and lychees. It ranks 1st in total meat production (including poultry) in the country and accounts for 10% of the country’s edible oil production. It is a substantial producer of spices, coconut, cashew nut, arecanut, betel vine and oilseeds. West Bengal is also one of the leading states in pisciculture since it the largest producer of fish.

GOVERNMENT POLICIES:

Agro & Food Processing Industries form a very important part of the State’s economy. The West Bengal Government is setting up a number of policies & plans to focus on the selected areas like vegetables, fruits, fisheries, rice, poultry, dairy & floriculture. The major thrust areas of the policy are:

•        Increase agricultural production & productivity vertically through wider adoption of appropriate eco-system-specific & cost effective technology.

•        Bring more area under High Yielding Variety (HYV), hybrid & improved varieties of crops.

•        Emphasize increase production of pulses & oil seeds in non-traditional areas & non-conventional seasons.

•        Create employment opportunities in this sector to improve the socio-economic status of the farmers & also to remove sub-regional disparity.

•        Extending soil-testing facilities up to district level for proper use of fertilizer.

•        Post-harvest technology for reducing loss & better marketability.

•        Bring cultivable waste land & fallow land under cultivation.

•        Application of low cost technology for increasing production & productivity.

•        More money involvement in agriculture.

•        Encourage private entrepreneurship for processing of fruits, vegetables & horticultural items.

•        Promote floriculture parks & flower complexes in the state.

•        Other Business Process, knowledge Process and Engineering Process Outsourcing services

The State Government is encouraging the farmers for mechanization through the use of modern agricultural implements & machines for timely farm operation & reduction in the cost of cultivation.

 

Textiles: Project Opportunities in West Bengal

PROFILES:

The Indian textile industry is one of the largest industries in the world. The textile industry in India is the largest provider of employment after agriculture. This industry is one of the earliest industries of India to come into being; it is presently the second biggest industry in the world after China. Over the years, this industry has proved to be the provider of the basic requirements of the people. The industry holds a vital place in the Indian economy as it makes a contribution of 14 % to the industrial production of the country and at the same time sums up 4% of the total GDP of India. Along with contributing to the Indian economic scenario in terms of employment, involvement in the industrial production, foreign revenues the textile industry of India also contributes to the global textile economy. It contributes to the global textile fibre and yarn production.

RESOURCES:

The textile industry of Kolkata plays a significant role in the economy of the capital city of the state of West Bengal. West Bengal has traditionally been a major producer of cotton textile as well in the country. Jute textile manufacturing is the most prominent industry in West Bengal due to availability of raw jute in the state. At present there are 59 Jute mills in West Bengal. Main jute products are Hessian, sacking, jute bags, and other items produced by jute. Most of the jute mills are located on the banks of river Hooghly near Kolkata. West Bengal is the leader and pioneer in the country for the manufacturing of Jute textiles. Hosiery industry in West Bengal has a huge grow potential as Bengal was the birthplace of hosiery industry in India.

GOVERNMENT POLICIES:

The Ministry of Textiles in India has formulated numerous policies and schemes for the development of the textile industry in India. The government of India has been following a policy of promoting and encouraging the handloom sector through a number of programmes. Most of the schematic interventions of the government of India in the ninth and tenth plan period have been through the state agencies and co-operative societies in the handloom industries. Some of the major acts relating to textile industry include: Central Silk Board Act, 1948, The Textiles Committee Act, 1963, The Handlooms Act, 1985, Cotton Control Order, 1986, The Textile Undertakings Act, 1995 Government of India is earnestly trying to provide all the relevant facilities for the textile industry to utilize its full potential and achieve the target. The textile industry is presently experiencing an average annual growth rate of 9-10% and is expected to grow at a rate of 16% in value, which will eventually reach the target of US $ 115 billion by 2012. The clothing and apparel sector are expected to grow at a rate of 21 %t in value terms.

 

Biotechnology: Project Opportunities in West Bengal

PROFILE

The Indian biotechnology sector is one of the fastest growing knowledge-based sectors in India and is expected to play a key role in shaping India's rapidly developing economy. With numerous comparative advantages in terms of research and development (R&D) facilities, knowledge, skills, and cost effectiveness, the biotechnology industry in India has immense potential to emerge as a global key player. Biopharma and bioservices sectors contributed 63 per cent and 33 per cent, respectively, to the total biotech exports. The bioagriculture, bioindustrials and bioinformatics sectors remained focussed on domestic operations, bringing in nearly 90 per cent of their revenues from India.

RESOURCES

West Bengal has a vast knowledge base with few of the premiers institutes of India located here.          Presence of Kharagpur IIT which over the years have done path breaking research in this sector is a major resource of biotechnology development. It has rich bio diversity, characterized by several species of medicinal & aromatic plants and diverse agro climatic zones. A matrix of 75 deliverable products is ready for commercialization in the agro and medical sector. Increase awareness among people about the adverse side effects of synthetic drags.

GOVERNMENT POLICIES:

The state has been putting efforts to facilitate the growth of biotech industries and development of clean biotech technologies. The various key initiatives under this section include:

•        Conserve bio-diversity through mapping and sustainable use of bio-resources.

•        Create a "Centre of Excellence for Biotechnology" as a high quality support service to Biotech Industries.

•        Facilitate the flow of venture capital funds and bank credit to Biotech companies.

•        Spread general awareness for optimum utilisation of Biotechnology in the agriculture sector.

 

Automobile and auto components: Project Opportunities in West Bengal

PROFILE:

The Indian auto industry has the potential to emerge as one of the largest in the world. Presently, India is second largest two wheeler markets in the world, fourth largest commercial vehicle market in the world. 11th largest passenger car in the world and is expected to be the seventh largest market by 2016. The growth is a reflection of the emergence of India as a global automobile hub with almost all global auto makers having set up plants in India to cater mainly to the domestic market, as also the export market. The Indian auto component industry has kept pace with technological developments and is today catering not only to OEM and Tier I auto makers in India but abroad as well. Many Indian auto part makers have today also succeeded in emerging as the supplier of choice to global auto majors.

RESOURCES:

West Bengal has traditionally been very strong in the engineering industries and has been an important manufacturing base in the past. West Bengal’s Hindustan Motors was one of the pioneers by commencing production of vehicles in the state in the year 1948. Recently it has collaborated with Mitsubishi Company of Japan to diverse into a wide range of cars and manufactures everything related to automobile industry like trekkers, trucks, and also luxury cars like Mitsubishi Lancer and touching a consolidated net sale of US$ 233.47 million in the last fiscal year. West Bengal realizing this huge potential in this sector has geared up with appropriate plans and policies to boost this sector. Also it has got certain inherent competitive advantages since the state is located in the heart of India’s steel and manufacturing cluster.

 

GOVERNMENT POLICIES:

A number of policy initiatives have been taken by the government to facilitate the automotive industry. These include:

•        Permitting 100% FDI in this sector & removal of minimum capital investment norm for fresh entrants.

•        Establishing an international hub for manufacturing small, affordable passenger cars & a centre for manufacturing two-wheelers.

•        Conducting incessant modernization of the industry & facilitate indigenous design, research & development.

•        Leveraging State’s software technology into automotive technology wherever relevant.

•        Encouraging development of vehicles propelled by alternate energy sources.

•        Development of domestic safety & environmental standards at par with the international standards.

•        Emphasis on low emission fuel auto technologies & availability of appropriate auto fuels.

The State is also encouraging dynamic investment in the sector to create an environment for volume production & indigenous capability for small cars & auto parts.

 

Tea: Project Opportunities in West Bengal

PROFILE:

Tea is indigenous to India and is an area where the country can take a lot of pride. This is mainly because of its pre-eminence as a foreign exchange earner and its contributions to the country's GNP. In all aspects of tea production, consumption and export, India has emerged to be the world leader, mainly because it accounts for 31% of global production. It is perhaps the only industry where India has retained its leadership over the last 150 years. Tea production in India has a very interesting history to it. The range of tea offered by India - from the original Orthodox to CTC and Green Tea, from the aroma and flavour of Darjeeling Tea to the strong Assam and Nilgiri Tea- remains unparalleled in the world.

RESOURCES:

West Bengal is the second largest tea growing state in the countryl contributing almost 21% of the total production in the country. There are three tea-growing zones in the state;       Darjeeling,          Terai and Dooars. Darjeeling tea is considered to be the finest in the world. There are 343 tea gardens in West Bengal covering 1,03,950 hectares planted area. Some of the major players in the Tea industry in West Bengal include Tata Tea Ltd, James Finlay & Company. Both of them together are representing world’s second largest global branded tea operations with product and brand presence in over 50 countries. Goodricke Group Ltd. (GGL) a part of the UK-based Cammelia Plc, the world’s single largest tea producer in the private sector. In India it is the third largest tea producer and the leading producer of Darjeeling tea.

GOVERNMENT POLICIES:

The tea industry in India is highly regulated. It requires licenses for its import or export. While The Tea Act, 1953 controls production and distribution activities, the Tea (Marketing) Control Order, 2003 regulates tea sales and stipulates that a defined percentage of tea produced from each garden be sold through the auction system. In addition to this central cess, States also levy sales tax on sale of tea. Profits from production and sale of tea are subject to agricultural income tax by the states. Thus, the residual income after paying corporate tax is taxed again. This tax is levied on profits accruing to gardens located in respective state. 100% foreign direct investment (FDI) in tea industry is permitted subject to compulsory divestment of 26% equity of the company in favour of an Indian partner / Indian public within five years from the date of investment.

 

Tourism: Project Opportunities in West Bengal

PROFILE:

Tourism has become an important industry in many countries of the world, both in the east and the west. Various initiatives are being taken by the Government and other organizations to promote tourism here. 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. India's rich history and its cultural and geographical diversity make its international tourism appeal large and diverse. It presents heritage and cultural tourism along with medical, business and sports tourism. India has one of the largest and fastest growing medical tourism sectors.

RESOURCES:

West Bengal has the widest variety of attractions in terms of tourist spots from the bustling Kolkata Megapolis with its historical and modern charms, to the zones of tranquillity like the Himalayan terrain in the north to the Sunderbans in the south. The state is endowed with all the diversities of nature that is a tourist’s dream. From the arid Chhota Nagpur plateau region in the west, forests in the north and south, mountains in the north, sea beaches in the south and rivers crisscrossing the whole of the state the varied panorama offers the discerning traveller a very wide choice and caters to the requirements of varied travel segments. More specifically, the snow capped peaks of the Himalayas, Darjeeling, referred by many as the Queen of the Hill Stations, the Darjeeling Himalayan Railway declared as a World Heritage Site, the vast tea estates of the Dooars, the famed Royal Bengal Tiger of Sunderbans, the innumerable historical landmarks of India’s and Bengal’s glorious history are all wonders for the prospective tourists.

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: Project Opportunities in West Bengal

PROFILE:

Waste management is the collection, transport, processing or disposal, managing and monitoring of waste materials. The term usually relates to materials produced by human activity, and the process is generally undertaken to reduce their effect on health, the environment or aesthetics. Waste management is a distinct practice from resource recovery which focuses on delaying the rate of consumption of natural resources. The management of wastes treats all materials as a single class, whether solid, liquid, gaseous or radioactive substances, and tried to reduce the harmful environmental impacts of each through different methods.

RESOURCES:

There are 609 hazardous waste generating units in West Bengal. Amongst the nineteen districts of the state, two districts (Darjeeling and South Dinajpur) do not generate hazardous waste. The total quantum of hazardous waste generation from West Bengal is 2,59,776.24 metric tonnes per annum. (MTPA), out of which 46 per cent (1,20,596.41 MTPA) is landfillable, 49 per cent (1,26,596.38 MTPA) is recyclable and the remaining 5 per cent (12,583.45 MTPA) is incinerable by nature. Interestingly, it was observed that the majority of hazardous waste generating units in the state is small and is generating meagre quantity of waste, whereas the units generating substantial amount of hazardous wastes are limited in number.

 

GOVERNMENT POLICIES:

The Central Government notified the Municipal Solid Wastes (Management & Handling) Rules 2000 under Sections 3, 6 and 25 of the Environment (Protection) Act 1986 for the purpose of managing municipal and urban wastes/garbage in an environmentally sound manner. Government of West Bengal are the nodal agencies for technical guidance and preparation of project report for the development of municipal solid waste management plan for the municipal authorities situated within Kolkata Metropolitan Area (KMA) and Non-KMA areas respectively. 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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Workwear, Uniform Clothing for Factory (Trousers and High- Visibility Long Sleeve Jackets)

A textile or cloth is a flexible woven material consisting of a network of natural or artificial fibres often referred to as thread or yarn. Yarn is produced by spinning raw fibres of wool, flax, cotton, or other material to produce long strands. Textiles are formed by weaving, knitting, crocheting, knotting, or pressing fibres together (felt). The words fabric and cloth are used in textile assembly trades (such as tailoring and dress making) as synonyms for textile. However, there are subtle differences in these terms in specialized usage. Textile refers to any material made of interlacing fibres. Fabric refers to any material made through weaving, knitting, spreading, crocheting, or bonding that may be used in production of further goods (garments, etc.). Cloth may be used synonymously with fabric but often refers to a finished piece of fabric used for a specific purpose (e.g., table cloth). Workwear is clothing worn for work, especially work that involves manual labour. Often those employed within trade industries elect to be outfitted in workwear because it is built to provide durability and safety. Workwear: Garments of simple and typically very durable construction usually in poly/cotton fabrics, including boiler suits and coveralls, bib and brace, coats, jackets and trousers, as well as a wide variety of similar styles used in the catering and wholesale/distribution sectors. Nurses' uniforms also fall into this category. The garments are frequently made specific to the company through badges and logos. Indian consumer durables market is broadly segregated into urban and rural markets, and is attracting marketers from across the world. The sector comprises of a huge middle class, relatively large affluent class and a small economically disadvantaged class, with spending anticipated to more than double by 2025. Global corporations view India as one of the key markets from where future growth is likely to emerge. The growth in India’s consumer market would be primarily driven by a favourable population composition and increasing disposable incomes. Per capita GDP of India is expected to reach US$ 3,273.85 in 2023 from US$ 1,983 in 2012. The maximum consumer spending is likely to occur in food, housing, consumer durables, and transport and communication sectors. At present, the production of Uniforms & Workwears is distributed evenly in North America, Europe, China, and Southern Asia. China is the largest production country of Uniforms & Workwears in the world in the past few years and it will keep the same position in the next few years. The China market took up about 37.35% in the global production market in 2016. At present, many US companies have production bases in Central America and Mexico. European companies are slowly moving the production base. To a certain extent, the industry is a labor-intensive industry.
Plant capacity: Trousers: 3,000 pcs per Day High-Visibbility Long Sleeve Jackets: 1,000 pcs per DayPlant & machinery: 136 Lakhs
Working capital: -T.C.I: Cost of Project: 1271 Lakhs
Return: 28.00%Break even: 66.00%
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Workwear, Factory Uniforms, Work Clothing Suits Manufacturing Business

Workwear, Factory Uniforms, Work Clothing Suits Manufacturing Business. Industrial Workwear Uniforms and Apparel Factory Workwear can be classified into non-uniform and uniform. The non-uniform segment encompasses apparel worn in typical modern offices. While there is no precise set of clothing constituting workwear, there is generally an accepted code of dressing broadly consisting of business formals and business casuals. Uniforms & Workwears is defined as apparel bought by enterprises/institutions which given to their employees to perform their work. Often those employed within trade industries elect to be outfitted in Uniforms & Workwears because it is built to provide durability and safety. Most workwear is designed for work, particularly for manual labor. It’s necessary for both safety and durability. Uniforms are becoming pretty fashionable these days in the business world. Not only in the restaurants, hotels and manufacturing – are companies in other industries joining the trend as well. The workwear industry is expanding, which allows businesses and consumers to have many retailers to choose from. Demand is driven by employment trends, so manufacturers that can alter their operations for different uniform and clothing needs remain most profitable. Workwear play an important part in employee engagement and in the external perceptions of organization. High levels of employee acceptance of a workwear issue means that workers feel engaged and well looked after. The clothing needs to be comfortable, fashionable and safe. For employers, a successful workwear policy can produce many benefits in terms of the promotion of the corporate brand to employees and the external world. It can also help with team building and security. Workwear has been traditionally associated with uniforms and single-colored overalls. A new emerging trend in the workwear industry is adding a fashion element to workwear. Traditional coveralls or boiler suits have given way tojackets and trousers or a bib-and-brace combination. Workwear is transitioning from traditional designs to youthful designs such as low cut trousers made from functional textiles. This increased demand is a result of growing awareness amongst corporates regarding the benefits of workwear. Indian hospitals for instance have understood that when adopted, uniforms not only assist patients in identifying the hospital staff, but also create an atmosphere of professionalism and team-like feeling amongst staff. Other sectors are now realizing these benefits and will do so even more in the future. Workers in manufacturing and allied sectors such as automobile and oil and gas are becoming aware of occupational hazards, and hence companies are enforcing a safer work environment. Vendor companies that have tie ups with MNCs are often required to comply with international safety standards; furthermore having workwear assists in creating a better corporate identity. These drivers are fuelling growth in the workwear market of the country. Workwear plays a key role in ensuring that employees are in a suitable environment to work and perform. Employees in oil and gas, construction etc. experience occupational hazards on a regular basis, and hence workwear has evolved to provide them with safety along with comfort with finishes such as fire retardant, high visibility etc. There are also innovative business models in existence to provide quality uniforms in a hassle-free manner to employees such as the rent/full service model. The global market for Workwear is projected to exceed US$41 billion by 2024, driven by the huge base of working population; increase in the number of female workers; and effervescent fabric and material innovations promising enhanced performance, style, safety, comfort, and functionality. Also driving growth in the market are new employment opportunities supported by the expansion of the foodservice industry; steady growth of the healthcare and social care sectors; recovery in construction activity; and rise in demand for professional services. Growing concerns over the environment and legislation of stringent regulations are helping spur demand for eco-friendly clothing especially organic workwear. In the business and enterprise sector, the growing importance of professionalism amidst growing competitiveness, is driving demand for corporate workwear. A key trend in this space is casualization of offices and the resulting growing prominence of smart business casuals especially among the sizeable population of working-age millennials. Benefits of workwear driving adoption rates across all industry verticals include perception of professionalism offered by uniforms and its importance in enabling employees in various roles discharge their responsibilities in a more confident and reliable manner; employee safety and protection from hazards of the workplace such as fire, toxic chemical spills etc.; safeguarding products from cross-contamination; improved security in the workplace; uniforms as “brand ambassadors” help improve customer relationships in addition to enhancing employee productivity. Other factors benefiting growth in the region include stringent implementation and institution of appropriate and safe dress codes in the industrial and commercial sectors; willingness among women and men to wear functional yet stylish attire to work; and strong demand for customized clothing solutions tailored to meet individual tastes and needs. At present, the production of Uniforms & Workwears is distributed evenly in North America, Europe, China, and Southern Asia. China is the largest production country of Uniforms & Workwears in the world in the past few years and it will keep the same position in the next few years. The China market took up about 37.35% in the global production market in 2016. At present, many US companies have production bases in Central America and Mexico. European companies are slowly moving the production base. To a certain extent, the industry is a labor-intensive industry. The industrial workwear market is witnessing a positive surge as there are a couple of factors impacting this market. One of the important factors driving the industrial workwear market is the rising demand for safe, ergonomic, and durable workwear. Another important factor impacting the market is the rise of industrious and tough jobs along with rising number of offshore jobs. Furthermore, there are a number of service providers furnishing workers to perform lifestyle services such as cleaning and maintenance. Consumers avail these services only from a trusted service provider. Such service providers provide workwear with their company logo to the employees. This logo- enabled uniform is a trust factor to end-users. Hence, the rising number of lifestyle service providers is also driving the industrial workwear market. However, the industry workwear market is challenged by inferior quality products manufactured at local markets. Another challenging factor is the negligence of employers in providing workwear to industrial employees. However, the industrial workwear market is expected to show positive market opportunity with customized design industrial workwear set to be adopted by a large number of global players. Furthermore, ready to measure industrial workwear is also anticipated to be an opportunistic factor for industrial workwear manufacturers. Tags #Manufacturing_of_Workwear, #Factory_Uniforms, #Uniform_Manufacturing, #Workwear_Manufacturing, Manufacturing Business of Uniforms, #Uniforms_&_Business_Work_Wear_Manufacturing, Corporate Wear/Workwear/Uniform Manufacturing, #Workwear_Manufacture, #Uniforms_for_Manufacturing_Industry, Industrial Work Uniforms, Industrial Workwear, Workwear Apparel & Uniform, Workwear Industry, Corporate Clothing and Workwear Uniforms, How to Start a Safety Clothing Business, Work Uniforms, Factory Uniforms, Workwear & Apparel, Start a Uniform Business, Workwear, Workwear Production & Manufacturing, Uniforms and Workwear Clothing, Business Work Wear, Uniforms and Workwear Manufacture, Safety Work Clothing and Workwear, Custom Uniforms and Custom Work Clothing, Project Report on Workwear Manufacturing g Industry, #Detailed_Project_Report_on_Uniform_Manufacturing, #Project_Report_on_Workwear_&_Apparel, Pre-Investment Feasibility Study on Workwear Manufacturing, Techno-Economic feasibility study on Workwear Manufacturing, #Feasibility_report_on_Uniform_Manufacturing, Free Project Profile on Workwear & Apparel, Project profile on Workwear Manufacturing, Download free project profile on Workwear Manufacturing
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White Cement Manufacturing Industry

White Cement Manufacturing Industry. How to Start a Cement Manufacturing Factory? Cement Industry Poised for Faster Growth White cement, as the name indicates, is a kind of cement with white color. White cement is similar to ordinary, gray Portland cement in all aspects except for its high degree of whiteness. Obtaining this color requires substantial modification to the method of manufacture, and because of this, it is somewhat more expensive than the gray product. The color of a structure is very important in the perspective of architectural point of view. White cement produces a concrete with perfect and uniform color throughout. It is possible to produces very light shades of pastels and other colors by adding pigments with white cement which are not possible with normally used gray Portland Cement. Besides, there are various uses of White Portland Cement. White cement is extensively used as an alternative to gray cement owing to its value-added properties such as its ability to reflect heat and improved aesthetic appearance. The demand for white cement is higher among countries with hot environment conditions as more heat is reflected from the resulting white concrete surface when compared to standard gray concrete. In addition, it also serves as a readily available concrete ingredient that works well in many applications. It offers aesthetic and performance benefits to pavements, buildings, and other structures. It is also demanding in countries with advanced economies, where it is often used for the construction of innovative buildings and future landmarks. Furthermore, white cement serves as an integral part in structural designing such as in high rise buildings, bridges, and parking structures. Applications of White Cement: 1. Architectural Decorative Designs White cement helps in making marvelous architectural designs. White cement mixed with Colour pigments can give beautiful Colour combinations while retaining the strength of the design structure. They are used in false ceiling, decorative pillar structures, etc. 2. Designer Flooring White cement, marble powder, marble chips / aggregates, Colour pigments combined together gives you a freedom of creating exclusive designer flooring. 3. Tile Grouting White cement is used for filling the gaps in ceramic tiles, vitrified tiles and marble flooring. Mixing the white Cement with Colour pigments can help you match the tile Colour by creating an illusion of a single floor piece slab. 4. Sealants They are used as sealants to fill in the gaps after installing ceramic bathroom fixtures. Market Outlook The white cement market is expected to register a significant growth during 2018 to 2023 (the forecast period). This tremendous growth is supported by the increasing construction activities in emerging economies. White cement is produced from non-iron containing raw materials such as China clay and white limestone as well as with materials containing a low content of coloring elements such as Fe, Mn, Cr, and Ti. Moreover, white cement is manufactured in a separate kiln and is therefore more expensive than standard Portland cement. The most important property of white cement is its whiteness content. It is also manufactured in strength classes of 325, 400, and 475. It exhibits excellent aesthetic, decorative, and hydraulic binding features which improves its durability and strength as compared with gray cement. Furthermore, white cement finds enhanced utilization in the manufacture of architectural and decorative concrete, which is further utilized in applications such as terrazzo tiles, paints, pavers, as well as in pre-fabricated products such as artificial walls and tile adhesives. At present, the global white cement market registers significant growth, owing to the increase in major applications of white cement for decoration. Moreover, growth in tradition of white buildings in countries such as Spain and Italy also augments the market demand. In addition, white cement-based prefabricated products such as tiles and pavers coupled with growth of tile industry have effectively helped to save time and labor, which further escalates the market growth. In addition, the need for buildings with distinctive style of vernacular architecture also boosts the production of global white cement. However, the lesser strength of white cement in comparison with ordinary Portland cement is expected to impede the market during the forecast period. The white cement market can be segmented based on type, application, end-user, and region. In terms of type, the white cement market can be divided into white masonry cement, white Portland cement, and others. White masonry cement is mixed with masonry grade sand to produce mortar for usage in brick, block, and stone masonry construction. Portland cement is manufactured using chalk and clay. It hardens quickly when in contact with water. Other types of white cement are calcium aluminate cement and calcium sulfoaluminate cement. White cement is used in building and construction activities. It is combined with inorganic pigments that tend to produce bright colored concrete and mortar. The ability of white cement to be cast in any shape makes it ideal for usage in monuments, sculptures, and restoration of archeological sites. Based on end-user, the white cement market can be segregated into residential, industrial, and commercial. White cement is widely used for construction purposes in the residential industry. It is also employed in the development of infrastructure. The Asia-Pacific construction sector is the largest in the world, and it is increasing at a healthy rate, due to the rapid industrialization of India, China, Japan, and Australia. Asia-Pacific is even anticipated to exhibit highest market growth during the forecast period, due to the presence of India, which is the second largest market for white cement with emerging infrastructure growth. The growth of the global white cement market is driven by increase in demand for white cement in countries with hot climates, owing to its heat reflecting properties. In addition, rise in usage of white cement in construction of designer buildings and future landmarks fuels the market growth. Moreover, white cement finds extensive applications in the developing economies such as India and China, owing to high purchasing power, increase in per capita GDP, and rise in expenditure by the governments. India exported about 6.22 million tonnes cement valued at `1,659 crore (including 2.85 million tonnes clinker, 2.28 million tonnes of portland grey cement and 0.03 million tonnes white cement) in 2015-16 to Sri Lanka, Nepal, Bhutan, Bangladesh and Myanmar, etc. Tags #White_Cement_Manufacturing_Process, #Cement_Manufacturing, #White_Portland_Cement, #White_Cement_Manufacture, #White_Cement, White Cement Manufacturing Process Pdf, Advantages of White Cement, White Cement Composition, White Cement Formula, Manufacturing Process of White Cement, #White_Cement_Manufacturing_Industry, Manufacturing of White Cement, White Cement Industry, Cement Manufacturing Process, How to Start a Cement Manufacturing Factory, Cement Manufacturing Plant, How to Start a Mini Cement Plant, Cement Manufacturing Industry, Cement Manufacturing Business Plan, Cement Plant Setup Cost in India, Cement Plant Investment Cost, Cost to Set up Cement Factory in India, Cement Factory Setup Cost, Cement Business Plan Pdf, Cement Industry in India, #Project_Report_on_White_Cement_Manufacturing_Industry, #Detailed_Project_Report_on_White_Cement_Manufacturing, Project Report on White Cement Manufacturing, Pre-Investment Feasibility Study on White Cement Manufacturing, #Techno_Economic_feasibility_study_on_White_Cement_Manufacturing, #Feasibility_report_on_White_Cement_Manufacturing, Free Project Profile on White Cement Manufacturing, Project profile on White Cement Manufacturing, Download free project profile on White Cement Manufacturing
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Potassium Iodate Manufacturing Industry

Potassium Iodate Manufacturing Industry. Chemical Business Ideas and Opportunities Global Potassium Iodate market size will increase to Million US$ by 2025 Potassium iodate is a chemical compound majorly used in the food and healthcare industry. It is an oxidizing agent and catches fire if it comes in contact with reducing agents or combustible materials. It can be prepared by adding iodine to a hot, concentrated solution of potassium hydroxide. It can also be prepared by reacting a potassium-containing base such as potassium hydroxide with iodic acid. Potassium iodate is used as an additive to raise herbage iodine levels. Potassium iodate is used for iodination of table salt to prevent iodine deficiency in humans. Iodine is an essential trace element; the thyroid hormones thyroxine and triiodothyronine contain iodine. In areas where there is little iodine; iodine deficiency gives rise to goiter, which results in developmental delays and other health problems. In some regions, potassium iodate is used as a source for dietary iodine. It is a major ingredient in some baby formula milk. Potassium iodate is also used in the food industry for various purposes. Uses: • Potassium iodate may be used to protect against accumulation of radioactive iodine in the thyroid by saturating the body with a stable source of iodine prior to exposure. • Like potassium bromate, potassium iodate is occasionally used as a maturing agent in baking. • It is used for Iodization of edible Salt. • It is used in analysis or testing of Zinc and arsenic. • It is used in Iodometry in medicine manufacturing. • It is used as a reagent. • It is used as feed additives. • It is used in foods as maturing agent and dough Conditioner. Market Outlook Global Potassium Iodate (CAS 7758-05-6) market size will increase to Million US$ by 2025, from Million US$ in 2017, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Potassium Iodate (CAS 7758-05-6). United States is the largest Manufacturer of Potassium Iodate Market and consumption region in the world, Europe also play important roles in global Potassium Iodate market while China is fastest growing region. The growing demand for potassium iodate in agriculture is expected to boost the market within the forecast period. The demand for potassium iodate has experienced a continuous rise in the past few years and this trend is expected to continue in the next few years as well. The major reason for this is the diverse range of applications of potassium iodate. It is used in agriculture, water treatment, food preservation, medical, industrial and fire service applications among others. It is used in agriculture as a stable form of iodine, for animal to correct iodine deficiency and prevent various animal diseases, in food industry for iodisation of table salt and in pharmaceuticals it is used for the production of disinfectants, antiseptics and deodorants. Owing to such a wide range of applications, potassium iodate is widely used in several end-user industries. The growing demand for these application products from is anticipated to drive the demand for iodate in the next few years. In addition, potassium iodate has the disadvantage of being a stronger intestinal irritant. These parameters may act as restraining factors for the growth of the potassium iodate market in the near future. The continual and rapid growth in the industries in these regions is expected to drive the demand for potassium iodate in the production of various applications products. Moreover, developed markets such as the U.S. and European economies are steadily recovering from the economic downturn and are anticipated to generate significant demand for potassium iodate in the coming years. Due to the positive outlook across the world, the global potassium iodate is predicted to record a strong growth in the near future. Tags #Potassium_Iodate, #Preparation_of_Potassium_Iodate, #Potassium_Iodate, Kio3 or Iko3, #Potassium_Iodate_Formula, Potassium Iodate Uses, Production of Potassium Iodate, Producing Potassium Iodate, #Potassium_Iodate_Manufacturing_Plant, Potassium Iodate Plant, #Potassium_Iodate_Production, Potassium Iodide Manufacture, How to Make Potassium Iodate, Chemical Industry, Manufacture of Potassium Iodate, Project Report on Potassium Iodate manufacturing Industry, #Detailed_Project_Report_on_Potassium_Iodate_Manufacturing_Plant, #Project_Report_on_Potassium_Iodate_Manufacturing_Plant, Potassium Iodate manufacturing Industry, Pre-Investment Feasibility Study on Potassium Iodate Production, Techno-Economic feasibility study on Potassium Iodate Production, #Feasibility_report_on_Potassium_Iodate_Production, #Free_Project_Profile_on_Potassium_Iodate_Manufacturing_Plant, Project profile on Potassium Iodate Production, Download free project profile on Potassium Iodate Production, Highly Profitable Chemical Business Ideas, Chemical Business Opportunities, Profitable Chemical Business Ideas, Chemical Business Ideas, Lucrative Chemical Business Ideas, Which Chemical Business is Most Profitable, Chemical Business Ideas in India, How to Start Small Scale Chemical Business, Highly Demanded Chemicals In India, Chemical Manufacturing Business Ideas, Chemical Industry, Selected Chemical Industries, Chemical Manufacturing Industry, Chemical Production, Production of Chemicals, Chemical Manufacturing Sector, Chemical Manufacturing Process, Commercial Production of Chemicals
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Toothpaste Manufacturing Business

Toothpaste Manufacturing Business. Start a Profitable Toothpaste Production. Oral Hygiene/Oral Care Industry Toothpaste is a paste or gel to be used with a toothbrush to maintain and improve oral health and aesthetics, toothpastes contain abrasives to clean and whiten teeth, flavors for the purpose of breathe freshening and dyes for better visual appeal. Effective toothpastes are those that are formulated for maximum bioavailability of their actives. Toothpaste is used together with toothbrush to clean teeth, oral health protection, and safety of human daily necessities. Using toothpaste when brushing is the primary step to proper oral hygiene. Fluoride with correct brushing will remove dental bacteria and plaque. Toothpaste contains abrasive materials that are gentle on the enamel of the teeth, but strong enough to help remove plaque from the teeth. Toothpaste also contains antibacterial ingredients to reduce the risk of infected gums, as well. Nowadays, toothpastes are produced to serve multiple purposes at the same time and, thus, possess a complex chemical composition. The ideal toothpaste must have the following properties: slight abrasion, froth, sweetening, bleaching and prevention of plaque, calculus and decay. Market Outlook The global Toothpaste market is expected to reach USD 27.7 billion by 2023, witnessing a healthy CAGR during the forecast period. Asia-Pacific holds the major share in the global Toothpaste market. About 8.1 billion units of Toothpaste consumed in 2017, which is growing at a steady CAGR. Increased dental problems among children and adults due to poor eating habits have primarily driven the market. Also, rising premiumization and consumer seeking more targeted solution are further accelerating the toothpaste market. Toothpaste consumption is expected to increase with more consumer looking for an advanced and targeted solution for dental care. Rising disposable income in a developing region such as Asia-Pacific demanding for more sophisticated toothpaste and expensive toothpaste. Expanding distribution channel in countries such as China, India, Vietnam, South Africa, UAE, and Saudi Arab is driving the supermarket sale of toothpaste. Pharmacies stores is another significant sales channel globally which recorded an increase of 36% in its value sales during 2012-2017. Localization is the quiet change currently underway in the market, against a backdrop of growing diversity of consumer communities in terms of ethnicity, wealth, lifestyle, and values. Brand localization represents a key strategy adopted by multinational companies to gain market share in developing foreign markets. Asia-Pacific is forecast to grow at the fastest CAGR of 6% over the analysis period, led by favorable economic environment, rising standards of living, shift away from homemade toothpaste recipes to commercial toothpastes, growing trend towards premiumisation of toothpaste packaging; growing levels of health awareness and the resulting increase in demand for organic toothpastes; and untapped demand potential in densely populated countries such as India and China. About 8.1 billion units of Toothpaste consumed in 2017, which is growing at a steady CAGR. Increased dental problems among children and adults due to poor eating habits have primarily driven the market. Toothpaste consumption is expected to increase with more consumer looking for an advanced and targeted solution for dental care. The global market for toothpaste is steadily growing, driven by innovation in product efficacy, and growing awareness over oral hygiene. Rising standards of living, launch of public oral health campaigns, and aggressive advertising and marketing efforts are some of the other factors driving growth in the market. Over the years, toothpaste has emerged into the largest market sector within the Oral Care industry. The category is undergoing significant changes with innovative products motivating people to alter their oral hygiene habits. Entry of new players and continuous launch of innovative products such as toothpastes for nighttime use, and toothpastes containing antioxidants and products intended for sensitive teeth, are spurring competition in the market. Indian Oral Hygiene Industry Toothpaste will be the largest category, while the Mouth Wash category is projected to register fastest growth. With the rising awareness among consumers, sensitive toothpaste segment has also become a highly attractive segment to operate in. The segment has been growing at 50 % year on year and will be proved as a highly demanded toothpaste segment in the next three to five years. Top Ten Toothpaste Brands in India: • COLGATE (Coalgate Palmolive Ltd.) • PEPSODENT (Hindustan Unilever) • CLOSE UP (Hindustan Unilever) • SENSODYNE (GlaxoSmithKline) • AQUAFRESH (GlaxoSmithKline) • ANCHOR (Anchor health & beauty care Ltd.) • DABUR RED (Dabur India) • BABOOL (GlaxoSmithKline) • MESWAK (GlaxoSmithKline) • VICCO BAJRADANTI (Vicco Laboratories) India’s oral hygiene market is one of the most dynamic, fastest growing and competitive sector of the FMCG industry. However, the scenario has not been the same since its evolution. Over the time, it has changed from a static to dynamic, less competitive to more competitive, traditional to more organize and advanced one. The growth in India’s oral hygiene industry is mostly influenced by changing consumer behaviour, companies’ business strategies, govt. policies and the increasing entrance of various leading international brands in the Indian market. With rising disposable income and changing tastes and lifestyle, consumers are trading-up for expensive premium products. The mass product market has also expanded on account of increasing population with the emergence of middle class. Image consciousness and oral health awareness has led to increased demand for advance oral care products. Tags Production of Toothpaste, Manufacture of Toothpaste, Manufacturing of Toothpaste, How Toothpaste is made? Toothpaste Manufacture, Manufacturing Process of Toothpaste Pdf, Toothpaste Manufacturing Process Pdf, Toothpaste Tube Manufacturing Process, Toothpaste Manufacturing Plant Cost, Toothpaste Manufacturing Cost, Toothpaste, How to Make Toothpaste, Starting a Toothpaste Production, Toothpaste Production Business Plan, I Want to Start a Toothpaste Production, Toothpaste Production, Toothpaste Manufacturing Plant, Toothpaste Plant, Toothpaste Manufacturing Unit, Toothpaste Manufacturing Industry, Start a Profitable Toothpaste Production Business, How to Start a Toothpaste Production Plant, Toothpaste Industry, Tooth Paste Gel Manufacturing Plant, Oral Care Products, Oral Hygiene/Oral Care Industry, Oral Care Industry, Project Report on Toothpaste manufacturing Industry, Detailed Project Report on Toothpaste Production, Project Report on Toothpaste Production, Pre-Investment Feasibility Study on Toothpaste Production, Techno-Economic feasibility study on Toothpaste Production, Feasibility report on Toothpaste Production, Free Project Profile on Toothpaste Production, Project profile on Toothpaste Production, Download free project profile on Toothpaste Production, Fast-moving consumer goods, FMCG Products, Indian FMCG Industry, Starting a Fast Moving Consumer Goods Business, FMCG Business Opportunity in India, FMCG Industry
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Paraffin Wax Manufacturing Industry

Paraffin Wax Manufacturing Industry. Investment Opportunities in Wax Production Business The global paraffin wax market is expected to reach USD 8.02 billion by 2022 Paraffin wax is a colorless or white soft solid derived from petroleum, coal, and oil shale. These products find use in candle making, packaging, cosmetics, hot melt adhesives, rubber, board sizing, children’s crayons, and toys. Rising living standards coupled with the need for maintenance of home hygiene are expected to drive the demand for fragrance products such as candles, which in turn will fuel industry growth over the next nine years. Paraffin waxes are used for manufacturing candles owing to reliability and cost efficiency of the product. Wax candles are used as fragrance products and in aromatherapy on account of its low volatile organic compound emissions. Rising popularity of aromatherapy coupled with increasing usage of these products in commercial buildings, hotels, restaurants, and spas is expected to aid in the market expansion. Uses: Paraffin wax is derived from refining light to medium lubricating oil. It can be refined to be nearly colorless and odorless, making it easy to add to other products without changing the scent or color of the product. • Candles Paraffin wax candles were first used to replace tallow candles because they burn cleaner and more reliably. Paraffin wax is great for creating custom scented candles because it is colorless and odorless. Paraffin candles also burn brighter than other candle types. • Waterproofing Paraffin is naturally water resistant. Paraffin wax coatings can be applied to a variety of products to make them waterproof, including matches, wood and bottles. • Crayons Paraffin wax is the primary ingredient in crayons that gives them their waxy texture. The wax, mixed with color pigments, is poured into a mold to form the crayon. • Friction Reducer Since paraffin wax has lubricating properties, it is applied to a variety of products to reduce friction. Snowboarders, skateboarders and surfers apply paraffin wax to the bottom of their boards to help them glide easier. • Coatings Paraffin wax is added to many candy coatings and chocolates to give the treats a shiny finish. It is also used to coat fruits and vegetables to extend shelf life by retaining moisture. • Agriculture Paraffin and special mixtures are used in the fertilizer industries as anti-caking additives so as to ease their dosing, handling and transportation. • Food Paraffin forms an important coating for foods such as cheese, citrus fruits, etc. It’s also used in the production of gum base which is an important ingredient for chewing gums. • Rubber Paraffin is used in the production of tyres helping insulate them from ozone and protect them from chipping and cracking. • Electrical Appliances Paraffin is used to insulate electric nodes and appliances wirings. • Pharmaceuticals and Cosmetics Paraffin is used to coat tablets to protect their surfaces and also forms an important ingredient in a wide variety of lipsticks, creams, pastes, and lotions. • Matches Although minimal in quantity but the application of paraffin in the matchstick box lightening strips, helps regulate their burning. • Fabric All fabrics contain waxy coating that gives it softness, elasticity and flexibility. However, environmental exposure and repeated usage robs it’s of the waxy texture and needs to be recoated. Market Outlook The global paraffin wax market is expected to reach USD 8.02 billion by 2022. Increasing use of paraffin wax in flexible packaging as a good barrier against odor and gas transmission is likely to drive growth. Expansion of the food & beverage sector in various countries including China, India and Brazil is expected to drive industry growth over the upcoming period. Growing application of the product for manufacturing candles along with its rising requirement in packaging and hot melts is expected to stimulate the paraffin wax demand over the forecast period. Moreover, these products provide excellent water resistance to packaging materials and are anticipated to witness significant rise over the forecast period. Paraffin waxes are used for manufacturing fragrance candles as they are economical and require lesser machinery costs. Growing demand for aromatherapy and consumer awareness regarding home ambiance is expected to drive the requirement of fragrance waxes, which in turn is likely to aid in market expansion over the upcoming years. In addition, rising consumption of chlorinated paraffin as a flame retardant and plasticizer in flexible PVC is likely to drive market growth over the next nine years. Increasing usage in the production of industrial coatings, hot melt adhesives, plastic & rubber processing aids, body care products, metal casting, pharmaceuticals, and electrical insulations is expected to drive demand in the near future. Paraffin waxes are petroleum-sourced products, and therefore volatile petroleum prices along with harmful emissions are likely to restrain industry growth over the forecast period. Furthermore, the increasing usage of environment-friendly alternatives, such as beeswax, soy, and polyethylene wax, are expected to pose challenges for the product growth. Paraffin wax market is projected to witness significant growth with growing demand for candles in key consuming economies during the forecast period. Further, growing manufacturing industries especially in Asia Pacific and Europe fueling the demand for the packaging products which in turn is anticipated to drive the demand for paraffin wax during the forecast period. Besides this, rapid growth in disposable income of middle class in developing economies fueling the demand for cosmetic products such as personal care products, creams, lipsticks and others are projected to witness high growth in sales volumes which in turn are expected to pump the growth of the paraffin wax over the forecast period. However, increasing use of alternatives such as Beeswax and others is expected to hamper the growth of global paraffin wax market. One trend in the market is use of paraffin wax in tarpaulin. Currently, paraffin wax is popularly used to manufacture waterproof tarpaulin. These tarpaulins have the advantages of waterproofing, durability, and cost-effectiveness. Tarpaulins are widely used for either protecting or covering agricultural crops and vehicles. Rising demand for creams, lipsticks, ointments, and personal care products is expected to drive industry growth. Developing personal care industry in countries including the U.S., India, France, China, Brazil, Argentina, Russia, Indonesia, South Africa, Thailand, Saudi Arabia, and UAE is further expected to create growth opportunities for the product over the upcoming years. The global paraffin wax market is becoming increasingly competitive with growing number of mergers and collaborations between market players to expand their production capabilities to meet the demand for paraffin wax. In addition, several players are also focused on developing their niche in the market. India and China are the primary contributors to the paraffin wax market as they are the largest supplier of paraffin wax. China, Taiwan, Indonesia, and Japan export large quantities of paraffin wax slabs due to their large production capacity. The candle manufacturing industry, the automobile sector, and the electrical and electronic industry will contribute to the growth of this industrial wax market in APAC. Tags #Paraffin_Wax, #Manufacture_of_Paraffin_Waxes, #Production_of_Paraffin_Waxes, #Paraffin_Wax_Manufacturing_Plant, Paraffin Wax Uses, Manufacturing Process of Wax, Preparation of Paraffin Wax, Commercial Uses of Paraffin Wax, Paraffin Wax Manufacturing Process, #Paraffin¬¬_Wax_Production, Paraffin Wax Formula, Paraffin Wax Manufacture, Paraffin Wax Manufacturing, #Paraffin_Wax_Industry, Paraffin Wax Manufacture in India, How to Make Paraffin Wax, Production Application of Paraffin Waxes, Chemical Composition of Paraffin Wax, Industrial Waxes, Project Report on Paraffin Wax Manufacturing Industry, #Detailed_Project_Report_on_Paraffin_Wax_Manufacturing, #Project_Report_on_Paraffin_Wax_Manufacturing, Pre-Investment Feasibility Study on Paraffin Wax Manufacturing, Techno-Economic feasibility study on Paraffin Wax Manufacturing, #Feasibility_report_on_Paraffin_Wax_Manufacturing, #Free_Project_Profile_on_Paraffin_Wax_Manufacturing, Project profile on Paraffin Wax Manufacturing, Download free project profile on Paraffin Wax Manufacturing
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Kraft Paper

Kraft paper is paper produced from chemical pulp produced in the kraft process. Sack kraft paper, or just sack paper, is a porous kraft paper with high elasticity and high tear resistance, designed for packaging products with high demands for strength and durability.Paper and paper board can be manufactured by using different types of raw materials. Raw materials account for 45-50 per cent of the total cost of production and form an important segment of manufacturing paper and paper board. The world consumption of paper and paperboard is estimated at over 300 mntonne a year. It is constituted broadly of 30% of cultural papers (writing and printing), 14% of newsprint, and the balance of kraft and packaging paper including paperboards. The Indian production is about 2 to 3% of the global total.The estimated turnover of the industry is Rs. 500 bn approximately and its contribution to the exchequer is around Rs. 45 bn.As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • Achal Paper Inds. Ltd. • Agrashakti Paper Mills Pvt. Ltd. • Aryan Paper Mills Ltd. • Bazargaon Paper & Pulp Mills Pvt. Ltd. • Best Paper Mills Pvt. Ltd. • DevPriya Papers Pvt. Ltd.
Plant capacity: Kraft Paper: 50 MT/day Duplex Board as by product: 9 MT/dayPlant & machinery: Rs. 1069 lakhs
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Return: 27.00%Break even: 53.00%
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Milk Processing and Dairy Products (Ghee, Khoa, Cream, Toned Milk 3% Fat, Thandai, Shrikhand)

Milk is a complete balanced food that provides complete nutrition in a balanced proportion and is rich in fats, milk proteins, vitamins, and minerals.Milk is a liquid and therefore requires a container at every stage of movement from the cow to the consumer. The various types of packaged milk include full cream, skimmed, toned, double-toned etc., depending on the fat content and milk solids content of the milk. The Indian dairy market recorded a CAGR of 13% during 2010-2016. The factors which have contributed to this growth are increasing population, rising disposable incomes, health consciousness among the consumers, government initiatives, etc. As a result of these, the market is further expected to reach a value of more than INR 16,000 Billion by 2022.This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Ajinkya Milk Processing Ltd. • Amrut Industries Ltd. • Bhagyalaxmi Dairy Farms Pvt. Ltd. • Bhole Baba Milk Food Inds. Ltd. • Chanakya Dairy Products Ltd. • Creamline Dairy Products Ltd.
Plant capacity: Toned Milk 3% Fat: 3000000Kgs/Annum Khoa: 300000Kgs/Annum Thandai: 300000 Kgs/Annum Shrikhand: 150000 Kgs/Annum Cream: 15000Kgs/Annum Ghee: 60000 Kgs/AnnumPlant & machinery: Rs. 227 lakhs
Working capital: -T.C.I: Cost of Project: Rs509 lakhs
Return: 30.00%Break even: 63.00%
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Optical Fibre

Fiber optics, or optical fiber, refers to the medium and the technology associated with the transmission of information as light pulses along a glass or plastic strand or fiber. Optical fibre-based current and voltage sensors are becoming popular for such applications because of the many advantages these sensors offer over the conventional current and voltage transformers. The Indian domestic optical fibre market, during the past fiscal has grown tremendously and it is expected to over read a value of USD 290 mn by 2018, registering a growth at a CAGR of 12.5 %.The global Optical Fibre market was valued at $509.7 billion US Dollars (USD), with a steady Compound Annual Growth Rate (CAGR) of 5.8% between 2014 and 2020.Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • AkshOptifibre Ltd. • Aksh Technologies Ltd. • Cosmos Fibre Glass Ltd. • Crest Precision Screws Pvt. Ltd. • Everlast Composites Pvt. Ltd. • General Optics (Asia) Ltd.
Plant capacity: Optical Fibre Preform 50 Dia: 3000000 KMeters/AnnumPlant & machinery: Rs. 3013 lakhs
Working capital: -T.C.I: Cost of Project : Rs3828 lakhs
Return: 29.00%Break even: 60.00%
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Water Soluble Fertilizer Blends For Drip Irrigation Systems

A water soluble fertilizer is a compound that dissolves easily in water and provides nutrients for plants. This type of fertilizer may then be absorbed quickly and completely by the plant root system. It is typically used entirely by the plant and washes out of the soil without leaving behind an excess of unused nutrients or toxins.With water soluble fertilizers it is easy to control the precise amount of nutrients available to plants. India water soluble fertilizers market stood at around $ 185 million in 2016 and is projected to grow at a CAGR of over 6% to surpass $ 356 million by 2027, on account of increasing popularity of complex water-soluble fertilizers and micronutrients in horticulture and ornamental crops.India is the second biggest consumer of fertilizer in the world next only to China.As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • Arawali Phosphate Ltd. • Basant Agro Tech (India) Ltd. • Bharat Chemicals & Fertilizers Ltd. • Brahmaputra Valley Fertilizer Corpn. Ltd. • Coimbatore Pioneer Fertilzers Ltd. • DeogiriFertilisers Ltd.
Plant capacity: NPK Fertilizer (19-19-19) (in 5 Kgs Size Pack) : 32 MT/dayPlant & machinery: Rs. 87 lakhs
Working capital: -T.C.I: Cost of Project: Rs529 lakhs
Return: 28.00%Break even: 60.00%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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