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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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Glass Bangles & Pressed Wares of Glass

Glass Bangles The colorful varieties of glass bangles make them a visual treat, a cultural necessity for some, a style statement for many and all. Women since ancient times have donned glass bangles and have flaunted them with utmost grace and pride. Glass bangles have different names and forms of identity throughout India. Glass Bangles are traditionally rigid bracelets, originating from the Indian subcontinent, which are usually made of metal, wood, glass or plastic. They are traditional ornaments worn mostly by women from the Indian subcontinent. It is common to see a new bride wearing glass bangles at her wedding; the traditional view is that the honeymoon will end when the last bangle breaks. Bangles are always in demand across the globe be it of any kind i.e. glass, metal, plastic or any other. Imitation bangles are demanded more than gold bangles due to many factors one of the being cost and other being varieties available. Pressed Wares of Glass The pressed glassware is made by pressing glass into molds of iron.
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Chocos (Ready-to-Eat Breakfast Cereal Food)

Breakfast cereal is a food product made from processed cereal grains and often eaten for breakfast, primarily in Western societies. It is most often mixed with milk, yogurt, or fruit. Some companies promote their products for the health benefits from eating oat-based and high-fiber cereals. In the United States, cereals are often fortified with vitamins but can also lack many of the vitamins needed for a healthy breakfast. A significant proportion of cereals are made with high sugar content. Many breakfast cereals are produced via extrusion. Breakfast cereals may also be puffed, flaked or shredded. The cereal may also be coated in chocolate or frosting before it is dried. The global breakfast cereal market size was valued at USD 37.44 billion in 2016. It is projected to expand at a CAGR of 4.3% from 2017 to 2025. Growing popularity of on-the-go breakfasts, coupled with surging demand for organic cereals and rising health awareness among consumers, is one of the key trends accelerating market growth. The global breakfast cereal market report has been segmented on the basis of product type, source, and region. On the basis of product type, the market is segmented into hot cereals and ready-to-eat cereals. Ready to eat breakfast segment dominates the global market in terms of revenue and expected to maintain its dominance over the forecast period, owing to low cost and increasing demand for convenient food products among consumers. Breakfast options such as biscuits and cereal bars are anticipated to stoke market growth. Besides this, expanding base of health-conscious consumers and rising purchasing power are estimated to provide a fillip to the market. In recent times, a large number of consumers are focused on reducing calorie intake by cutting down their portion sizes and replacing traditional breakfast options with breakfast cereals. Ready-to-eat cereals are projected to lead the market as it is an on-to-go product and is convenient for consumption in working population. Also, hot cereals are expected to show a rapid increase in CAGR as it provides an organic and whole grain based cereal breakfast diet. Further, the market on the basis of the distribution channel is divided into convenience stores, hypermarkets and supermarkets, online channel and others.
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Humic Acid Manufacturing Industry

Humic Acid Manufacturing Industry. Production of Humic Acid Humic acid is any of a variety of organic acids obtained from organic constituents of soil (humus), coal, and peat. It is also a key component of ocean water, dystrophic lakes, and upland streams. The process by which these acids are formed from humus is not well understood, but it is thought to be formed through the biodegradation of dead organic matter. Humic acid is frequently used as a soil amendment to enhance crop productivity. Humic Acids can be applied as: 1. Seed Treatment 2. Root Dip. 3. Seedling Dip. 4. Foliar Spray. 5. Soil Application. 6. Through Drip Irrigation. 7. Application in Mushroom Bags. 8. Tank mix with Herbicides. 9. Tank mix with Insecticides. 10. Along with inorganic fertilizers. Benefits of Humic Acid Throughout history, farmers have used humic acid to generate healthier plants and a higher crop yield. Today, humic acids are even more essential than ever, for the reasons mentioned above. Here are just a few of the many benefits of humic acid. • Increases nutrient uptake • Increases water-holding capacity in soil • Improves the overall soil structure. • Stimulates microbial activity • Regulates the pH-value of soils. • Chelates toxins from the soil. • Helps to eliminate iron chlorosis by increasing iron uptake • Improves overall plant health, helping plants better resist predators and disease • Stimulates root growth, which increases crop volume • Increases germination Market Outlook The global humic acid market is on track to grow to reach a market value of USD 973.06 Mn by the end of 2023. Humic acid is derived from humic matter which is the result of chemical and biological humification of plant and animal matter in tandem with microorganism activities. Humic acid is rich in essential nutrients, vitamins, and trace minerals which is immensely beneficial for the soil and can also be used in dietary supplements. Market Research Future's report has studied the entirety of the market in its global humic acid market report. In 2017, the market was valued at USD 484.77 Mn and is estimated to grow at a healthy CAGR of 12.42% during the review period from 2018 to 2023. The global humic acid market is driven notably by the rising demand for humic acid by farmers and agriculturists as a remarkable soil amendment. There is growing use of this natural acidic organic polymer in increasing nutrient uptake in plant, decreasing toxin in the soil, and in improving soil structure of various types. The rising adoption of organic foods of farming, in light of growing popularity of organic food across the globe, is a key factor boosting the humic acid market. The rising use of humic acid in horticulture, ecological bioremediation, and dietary supplements applications is a notable factor propelling the humic acid market growth. The humic acid market is also catalyzed by the rising investments in adopting sustainable ways of farming in agriculture and horticulture. In particular, there is a promising demand for humic acids in agriculture for soil and foliar applications is on account of their functional benefits in reducing the use of fertilizers and pesticides. In addition, humic acids are also gaining traction among farmers to increase their yield. Humic acid can be categorized on the basis of application into free radical scavenger & anti-oxidant, organic electrolyte, pollution detoxifier and nutrients. Antioxidant application segment is expected to witness rapid growth owing to lower molecular weight and the ability to promote oxidation-reduction reaction in transition metals. Increasing application as a chelation and pollution detoxifying agent is predicted to augment global market demand over the forecast period. Humic acid also catalyzes toxic pollutants’ breakdown in order to decompose silica to release important mineral nutrients which may promote product demand in global market. However, during chlorination process, humic acid present in treated drinking water can react with chemicals to produce fumigates such as dihaloacetonitriles. This factor may restrain market growth over the forecast period owing to toxicity of dihaloacetonitriles. Humic acid market application includes agriculture, horticulture, dietary supplements, ecological bioremediation, and others such as residential gardening, vertical farms, medicines, etc. Agricultural application is poised to hold sway the global humic acid market through the forecast years owing to rising inclination towards organic farming in the developed countries. This segment growth will also be boosted by various government subsidiaries and grants in different countries around the globe. Humic acid market is directly dependent on the growing popularity of organic farming industry and increasing usage of organic minerals in horticulture and ecological remediation. Adverse environmental and health effects of chemical fertilizers induce the product demand. Industry participants are concentrated in the developed countries to meet the continuously increasing local demand. Rising trend towards sustainable and organic cultivation in the developing regions has led to establishment of several medium and large scale companies in countries such as China and India. By the end of 2030, global food demand will rise by 35% and majority of this demand must be met by increasing crop yield. Increasing product usage to provide adequate nutritional value to the agricultural land in order to promote sustainable farming will propel the global humic acid market in coming years. The product tends to improve the soil texture and water retention properties and promotes bio-activity of the soil to make it more fertile and productive. The shift of focus of agriculturists around the globe towards improving the soil productivity to mitigate crop losses and enhance agricultural outputs will positively influence the humic acid market demand. Additionally, surging demand for humic substances from agriculture and animal feed industries, backed by increasing awareness about the harmful effects of synthetic fertilizers, inorganic chemical compounds and artificial compounds is fueling the humic acid market, globally. Moreover, huge demand for humic acid from turf applications in construction industry and water purification sector is anticipated to positively influence the global humic acid market during the forecast period. Geographically, the European market accounted for the largest share in the global humic acid market in 2014. However, Asia-Pacific is a highly attractive market and presents a huge growth opportunity for the market players, owing to the increasing demand for food crops, amidst rapid industrialization in the major economies of the region, especially China, India, and South Korea. Along with the focus on increasing food production, the end users are also focusing on increasing the production efficiency, by not only increasing the yield but also preventing crops from diseases. This is a major reason for the shifting attention of the bio stimulants manufacturers towards this region. The local and regional players are also ramping up production capacities, in order to gain from the rapidly increasing demand from agricultural sectors. Such developments in turn will have a significant effect on the Asia-Pacific market. Also, huge population growth, and growing nutritional demand are likely to contribute greatly to the market growth. Moreover, rise in the product usage to offer sufficient nutritional value to the agricultural land for the promotion of the sustainable farming might affect the market growth positively. However, variation in the product quality might impede the market growth in the near future. The key companies operating in the global Humic acid market include Canadian Humalite International Inc., China Green Agriculture Inc., Double Dragons Humic Acid Co. Ltd. Xinjiang, Grow More Inc., Humic Growth Solutions Inc., HUMINTECH GmbH, Nutri-Tech Solutions Pty Ltd., ODUS(UK) Ltd., Omnia Specialities Australia, and Vellsam Materias Bioactivas S.L. Tags #Production_of_Humic_Acids, #Formulation_and_Manufacturing_Process_of_Humic_Acid, #Humic_Acid_Manufacturing_Process_Pdf, #Humic_Acid_Formula, #Humic_Acid_Production_Process, How to make Humic Acid, Humic Acid Manufacturing Process, Producing Humic Acid, Humic Acid Production, Humic Acid Manufacturing Plant, Humic Acid Manufacture, #Humic_Acid_Industry, Project Report on Humic Acid Manufacturing Industry, Detailed Project Report on Humic Acid Production, #Project_Report_on_Humic_Acid_Production, Pre-Investment Feasibility Study on Humic Acid Production, #Techno_Economic_feasibility_study_on_Humic_Acid_Production, #Feasibility_report_on_Humic_Acid_Production, #Free_Project_Profile_on_Humic_Acid_Production, Project profile on Humic Acid Production, Download free project profile on Humic Acid Production, Process for Preparation of Humic Acids, How to make your own Humic Acid
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Roasted Salted Cashew Kernel from Cashew Nut

Cashew kernels, which have a slight brown colour due to longer roasting. They have all the other characteristics of white kernels and have the same nutritional qualities. Butts, splits and pieces are priced lower and are ideal for cooking, preparation of sweets and savoury snacks. Cashew nuts types or cashew Kernels varieties are graded into white/scorched wholes, pieces, splits, butts etc. Depending on the shape, size & colour of the kernel. The cashew tree (Anacardium occidentale) is a short, stocky, low-spreading, evergreen tropical tree. The leaves are spirally arranged, leathery textured. It flowers once a year, between the months of November and January. Cashew kernels are processed from raw cashews. They have become increasingly popular all over the world in the recent years, eaten either as an evening snack or in breakfast meals Cashewnut kernels are mainly used for the snack market as a roasted and salted snack. Due to the lovely taste, the cashewnut is seen as an upper class nut. The cashewnut is becoming of more and more interest to industrial users and is as such used for cookies, cereals and is also promoted as a topping on ice-cream. Increasing demand for healthy snacks, growing demand from European countries and the rising number of primary processing units in Africa are the key factors driving the market growth. However, unfavorable climate changes pose a threat to cashew cultivation. The flowering, fruiting, pest incidence, yield and quality of cashew kernels and nut are highly vulnerable to climate change. India is one of the major producers and second largest exporter of cashew kernel in the global market, representing 19.1% share in the global cashew kernel exports. India produced 160,000 metric ton of cashew kernel in 2016. The total exports of cashew kernels from India were valued at USD 943,419 thousand, while the total quantity exported was 88,419 metric ton in the year 2017.
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Processing and Packaging of Snack Foods

A snack is a small portion of food eaten between meals. This may be a snack food, such as potato chips or baby carrots, but can also simply be a small amount of any food. A snack is a small service of food, and generally eaten between meals. Snacks come in a variety of forms including packaged snack foods and other processed foods, as well as items made from fresh ingredients at home. Traditionally, snacks are prepared from ingredients commonly available in the home without a great deal of preparation. Most snack foods are intended for immediate consumption and have a shelf-life of only 1-2 days. Such food products may be sold loose without packaging, or in small polythene or paper packages which contain a portion for sale. If required, the shelf-life may be extended considerably through the use of adequate packaging. Snack food has emerged as an alternative to full-fledged meals with the paradigm shift in consumer behavior patterns. The higher disposable incomes as a result of the growing urbanization and increasing preference for convenience food have triggered the growth of the snack food industry. The rising health consciousness among consumers and government regulations regarding procurement of raw materials like vegetables, meat, etc. are restraining the growth of snack food consumption to some extent. Innovative product offerings with regards to functional ingredients and organic foods may provide a future growth opportunity in the sector. Snack food has emerged as an alternative to full-fledged meals with the paradigm shift in consumer behavior patterns. The higher disposable incomes as a result of the growing urbanization and increasing preference for convenience food have triggered the growth of the snack food industry. The global snack food market is segmented by type into salted snacks, bakery snacks, confectionery, specialty & frozen snacks. The bakery snacks segment possesses the highest market coverage, while the salted snacks including potato chips, corn chips, tortilla chips, popcorn, pretzels, etc. are expected to have the highest market growth during the forecast period. The snack food industry also includes confectionery items like chocolates, candies and cookies, crackers, etc. The global snack food report discusses the market revenue in terms of distribution channels such as specialty stores, independent stores, online sales, convenience stores, supermarkets and hypermarket, etc. Snack food packaging material has a tremendous demand with growth being fueled by a favorable outlook for disposable personal income and changes in food consumption patterns across the globe. The wide expanding array of products made in single-size servings for better convenience, portability and portion control has also led to fresh packaging opportunities. Snack Food Packaging Market is segmented By Material Type into BOPP, Polypropylene, Polyethylene, LLDPE, and Polyester, Others, Paper, Metal, Others. The innovation in the global packaging industry such as sophisticated packaging products that are made from materials such as the biaxially-oriented polypropylene (BOPP), Biaxally-oriented polyethylene terephthalate (BOPET), and cast polypropylene (CPP) has led manufacturers of the snack food packaging market to provide attractive and colorful packs to draw attention of the consumers.
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CNSL Based Resin in Powder & Liquid Form

CNSL Based Resin mainly consists of two naturally produced Phenolic Compounds i.e. Anacardic Acid and Cardol. Both of them are non-drying and cannot be dried up unless by chemical reaction. CNSL Resin is a transparent viscous resin with golden color film. It is highly suitable for the surface coating application, where outstanding film properties and very high resistance to water and chemicals are required. • CNSL Resin is a transparent viscous resin with golden color film. It is highly suitable for the surface coating application, where outstanding film properties and very high resistance to water and chemicals are required. • Therefore, CNSL Resin is used commonly as a paint raw material due to its high water and chemical resistant property. CNSL aldehyde condensation products and CNSL based phenolic Resins are used in applications such as surface coatings, adhe sives. Various polyamines synthesised from CNSL are used s curing agents for epoxy resins. CNSL and its derivatives have been used as antioxidants, plasticizers and processing aids for rubber compounds, modifiers for plastic materials and used to provide oxidative resistance sulphur-cured natural rubber products.
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Bicycle Rim

A bicycle wheel is a wheel, most commonly a wire wheel, designed for a bicycle. A pair is often called a wheel set, especially in the context of ready built "off the shelf" performance-oriented wheels. Bicycle wheels are typically designed to fit into the frame and fork via dropouts, and hold bicycle tires. The first bicycle wheels followed the traditions of carriage building: a wooden hub, a fixed steel axle (the bearings were located in the fork ends), wooden spokes and a shrink fitted iron tire. A typical modern wheel has a metal hub, wire tension spokes and a metal or carbon fiber rim which holds a pneumatic rubber tire. The rim is the "outer edge of a wheel, holding the tire". It makes up the outer circular design of the wheel on which the inside edge of the tire is mounted on vehicles such as automobiles. For example, on a bicycle wheel the rim is a large hoop attached to the outer ends of the spokes of the wheel that holds the tire and tube. In cross-section, the rim is deep in the center and shallow at the outer edges, thus forming a "U" shape that supports for the bead of the tire casing. The regional demand dynamics of bicycle rims is directly correlated with the overall production and fleet of the bicycles. China is projected to dominate in terms of sales and is estimated to remain dominant in terms of demand for bicycle rims owing to increasing sales of bicycles. North America is expected to grow at significant CAGR during the forecast period in the bicycle rim market owing to increasing government regulations to support green transportation in the region.
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Disposable Products (Knife, Fork & Cutlery Items (Spoon)

Disposable Products A disposable (also called disposable product) is a product designed for a single use after which it is recycled or is disposed as solid waste. The term often implies cheapness and short-term convenience rather than medium to long-term durability. The term is also sometimes used for products that may last several months (e.g. disposable air filters) to distinguish from similar products that last indefinitely (e.g. washable air filters). The word "disposables" is not to be confused with the word "consumables" which is widely used in the mechanical world. Disposable products are used only once or twice and are often not recycled. When it comes plastic, we aware that it is usually non-biodegradable in nature. Plastic and other disposable products cause a significant damage to our environment. Plastic bags choke the wildlife and refuse to break down in oceans or landfills. They aren’t easy to recycle and make environment pretty messed up. The disposable products market is witnessing an annual growth of nearly 6-7% due to increased consumer spending on personal care products globally. In addition, the demand for improvised comfort, performance and efficient absorbent products is expected to drive demand for disposable products in the near future. Concerns for safety, convenience and hygiene are identified as key factors affecting growth of disposable products market. Disposable Cutlery Items The major items of cutlery in Western culture are the knife, fork and spoon. In recent times, hybrid versions of cutlery have been made combining the functionality of different eating implements, including the spork (spoon / fork), spife (spoon / knife), and knork (knife / fork) or the sporf which combines all three.
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Low Ash Metallurgical Coke Plant

Metallurgical coke is made from low ash, low sulfur bituminous coal, with special coking properties, which is inserted into ovens and heated to 1000F to fuse fixed carbon and inherent ash and drive off most of the volatile matter. The final product is a nearly pure carbon source with sizes ranging from basketballs (foundry coke) to a fine powder. Metallurgical coal is a special type of coal used to make metallurgical coke. There are two types of metallurgical coal used to make coke: hard coking coal and semisoft coking coal. According to Grande Cache Coal, these types of coal are ideal for coke because they melt, swell and re-solidify when placed into a superheated furnace. These types of coal also have low levels of impurities. A third type of metallurgical coal, PCI, is sometimes used in steel or iron making to replace more-expensive coke, indicates Grande Cache Coal. There has been rising demand for metallurgical coke from the iron, steel and power generation industries. Metallurgical coke is formed by destructive distillation of a special blend of bituminous coal in the absence of air or oxygen. In order to produce metallurgical coke, the coal is heated into ovens at specific temperature to produce low sulphur, low phosphorus coke. Metallurgical coke is used for applications which requires high quality, tough and highly resistant form of carbon. One of the major challenge faced by the global metallurgical coke market is the use of substitutes such as oils, plastics amongst others as replacement for reducing agent and fuel for the iron and steel production plants. Additionally, there has also been increase in use of materials such as recycled tires or waste tire as an additive with coal for the manufacture of metallurgical coke. The global metallurgical coke market is anticipated to be dominated by Asia Pacific region with China leading the market both in terms of production and consumption. India is also anticipated to witness sound growth in demand for metallurgical coke owing to the rapid growth in the iron and steel industry in the country.
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Stain Removers

Stain removal is the process of removing a mark or spot left by one substance on a specific surface like a fabric. A solvent or detergent is generally used to conduct stain removal and many of these are available over the counter. If a stain has "set", it has become chemically bonded to the material that it has stained and cannot be removed without damaging the material itself. It is therefore important to avoid setting stains that one wants to remove. This can be done by avoiding heat (by not pressing or ironing the stain), sponging stained materials as quickly as possible, using the correct solvent (some solvents will act as catalysts on certain substances and cause the stain to set more quickly), and avoiding rubbing the stain. Stain removers contain solvents. A solvent is any fluid that dissolves another chemical. For example, water is a good solvent for dissolving salt and sugar. However, it's not a good solvent for dissolving oil or butter. Stain removers often contain alcohol which acts as a solvent for both water-based and oil-based stains. The major trends in this market include eco-friendly stain remover products and increasing demand from developing countries. The vendors of laundry care products are coming up with the green laundry concept with the usage of more biodegradable components in the product offerings. Some of the leading eco-friendly stain remover products are Attitude Eco-Friendly Laundry Stain Remover, Citra Spot Natural Stain and Odor Remover, Everyday Stain & Odor Eliminator, and 365 Pre-Wash Stain Remover. The stain remover product market can be segmented by product into powder, liquid, bar, and others which includes sprays, sticks, tablets, wipes, foams, packets, and gels. By application, the market can be classified into commercial and residential end-user segments. Commercial applications include laundry services, textile industry, and hospitality industry whereas residential applications include household cleaning. The global stain remover products market offers a wide range of products having different compositions, which include different chemical components, fragrances, formats, packages, and prices. For instance, stain remover products are available in different forms, including powder, liquid, bars, sticks, and sprays.
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