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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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Cassava Starch Manufacturing Industry

Cassava Starch Manufacturing Industry. Tapioca Starch Processing and Production Business. Start a Starch Manufacturing Business Cassava starch is produced primarily from the wet milling of fresh cassava roots and it is also produced from dry cassava chips. Starch is the major component of cassava which is present in large amounts which have 25% of starch content that is obtained from mature and good quality cassava roots. Around 60% of cassava starch is obtained from the dry cassava chips and around 10% of dry pulp is also available from the 100 kg of cassava roots. Cassava starch has many beneficial properties which include paste clarity, high viscosity, and freeze-thaw stability which is generally needed for industrial purposes. Cassava starch is non-gluten, non-GMO (genetically modified organisms) and non-allergenic ingredient. Cassava starch is gluten-free which is highly preferred by consumers that are gluten intolerant. Cassava starch is also known as tapioca flour or tapioca starch. Cassava starch is mainly used in sweetened as well as in unsweetened bakery products. Cassava starch is majorly used in the manufacturing of monosodium glutamate (MSG) in various Latin American countries. Cassava starch is mostly preferred in various bakery products and confectioneries than any other starches. Tapioca Starch Applications: Tapioca starch is used in varied industrial as well as commercial applications. Its uses as so diverse that it can be found in almost all kinds of industries ranging from paper, textile, food and furnishings. • Tapioca starch has excellent binding capacity so used in adhesive industry. After mixing it with water, it becomes quiet sticky and remains like this for a long period of time. Industrial glues are also made from the high quality tapioca starch. • It is used as filler in compounded animal feed. • Tapioca starch is extensively used in many textile processes. It is required during sizing of yarn and also for finishing cotton as well as polyester fabrics. Also it is used while producing textile during its process of mixing, printing and finishing. During the process of mixing it is used as a sizing agent. Tapioca starch is also used as a finishing agent to make the fabric smooth. Also it makes the colors of the fabric very sharp and durable. • Tapioca starch is extensively used in many kinds of confectioneries as thickeners, gelling agent, for foam strengthening as well as film foaming and glazing. Low viscosity tapioca starch is used in jellies and gums. While casting, powdered starch is used as a mould release. • Tapioca starch is used in place of sucrose in beverages. • From this starch ethanol is also made that is used as a fuel.720 litres of ethanol is produced from 1 ton of starch. Market Outlook The global cassava starch market is segmented on the basis of starch, grade, end user, nature, application, and region. The global cassava starch market is segmented on the basis of starch such as unmodified or native starch, modifies starch (for industrial purposes) and sweeteners which includes high-fructose syrup and glucose. The global cassava starch market is segmented on the basis of grade which include food grade, feed grade, and industrial grade. The global cassava starch market is segmented on the basis of application in which cassava starch is used as a stabilizing agent in various food products such as soups, sauces, soy-based beverages and meat products. The global cassava starch market is segmented on the basis of end users such as animal feed, paper industries, and food and textile industries, cosmetic industries and others. Animal feed industry uses dried cassava roots as an ingredient along with cassava pellets and cassava meal for livestock. The global cassava starch market is segmented on the basis of nature such as organic cassava starch and conventional cassava starch. Cassava starch is also used in confectionery coatings, bakery products, and others. Hence, the global cassava starch market is expected to represent a significant growth over the forecast period. The global cassava starch market reached a production volume of more than 8 Million Tons in 2017, registering a CAGR of 5.2% during 2010-2017. The market volume is further projected to cross 10 Million Tons by 2023, at a CAGR of 4.0% during 2018-2023. Cassava starch, or tapioca, is procured from cassava roots through the process of washing and pulping. It is rich in iron, folate, manganese, carbohydrates and calcium. In comparison with its alternatives, cassava is a relatively cheap raw material containing a high concentration of starch. Moreover, cassava starch offers numerous advantages such as neutral taste, high level of purity and excellent thickening characteristics. It also has a high paste clarity, freeze-thaw stability and paste viscosity. Owing to this, cassava starch finds applications in diverse industries like food, beverage, fuel, textile, sweeteners and paper. Growing demand for cassava starch as a stabilizing and binding gent in various food products is a major factor driving the global cassava starch market worldwide. Manufacturers are offering innovative cassava starch-based products to the customers in order to remain in the competition in the market. Dried cassava roots extraction is used for feeding and lactating livestock. Cassava starch is also used for the application such as bakery products, confectioneries, jams and jellies, monosodium glutamate, caramel, and others. Cassava starch is a good source of minerals such as calcium, manganese, phosphorus, iron and others. Hence, the global cassava starch market is expected to represent a significant growth over the forecast period. Cassava starch is also used for the application such as bakery products, confectioneries, jams and jellies, monosodium glutamate, caramel, and others. Cassava starch is a good source of minerals such as calcium, manganese, phosphorus, iron and others. Hence, the global cassava starch market is expected to represent a significant growth over the forecast period. Geographically, the global tapioca starch market is segmented into seven regions namely North America, Latin America, Eastern Europe, Western Europe, Japan, and Asia Pacific excluding Japan, and the Middle East and Africa. Asia Pacific excluding Japan is expected to dominate the market in terms of demand generation and consumption. APEJ contribute significantly in the global tapioca market. India, China, Thailand, and Indonesia are prominent Asian countries that lead the regional market. North America and Western Europe has the considerable share in the overall tapioca market and is expected to have significant growth in the market. Thus the global tapioca market is expected to gain traction in the forecast period. Food manufacturers are experimenting ways for delivering different snacks including tapioca starch, to compete with corn and potato starch-based snacks that have an established presence. Consumer preference for clean-label products, along with quality & taste, in combination with this cassava extract’s ability to serve as an effective alternative to modified starches employed in processed food products, will continue to be significant growth determinants for the tapioca starch market. Tapioca starch has witnessed extensive adoption as bodying agent in a plethora of commercially available baby food products and infant nutritional supplements. Gluten-free, organic tapioca starch has witnessed high consumption from individuals affected from celiac disease. Uptake of female working population, which has driven demand for infant formulas, will further compliment expansion of the tapioca starch market in the upcoming years. Some of the prominent players in the global tapioca starch market includes Ciranda, National Starch & Chemical (Thailand) Limited, Hunan ER-KANG, Authentic Foods, Quality Starch & Chemicals (India) Pvt. Ltd., American Key Food Products (AKFP), Cargill, Ingredion, and others. The players include various value chain members contributing to the growth of the market. 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Heat Exchanger (Fin Type) Manufacturing Industry

Heat Exchanger (Fin Type) Manufacturing Industry. Production of Finned Tube Heat Exchanger Heat Exchangers Market is projected to reach USD 22.59 billion by 2023 Heat exchanger is a device designed to efficiently transfer or "exchange" heat from one matter to another. When a fluid is used to transfer heat, the fluid could be a liquid, such as water or oil, or could be moving air. The most well-known type of heat exchanger is a car radiator. In a radiator, a solution of water and ethylene glycol, also known as antifreeze, transfers heat from the engine to the radiator and then from the radiator to the ambient air flowing through it. This process helps to keep a car's engine from overheating. A heat exchanger is a device used to transfer heat between two or more fluids. The fluids can be single or two phase and, depending on the exchanger type, may be separated or in direct contact. Devices involving energy sources such as nuclear fuel pins or fired heaters are not normally regarded as heat exchangers although many of the principals involved in their design are the same. Heat exchangers are used to transfer heat from one medium to another. These media may be a gas, liquid, or a combination of both. The media may be separated by a solid wall to prevent mixing or may be in direct contact. Heat exchangers can improve a system’s energy efficiency by transferring heat from systems where it is not needed to other systems where it can be usefully used. Heat exchangers are essentially used for efficiently transferring heat from one medium to another. These devices are widely deployed in a number of industries such as chemical, HVAC, food and beverage, etc. On the basis of configuration, heat exchangers are broadly classified into four basic types that include shell and tube type, plate and frame type, air coolers and cooling towers. Market Outlook Heat exchangers are widely used in industrial oil coolers, boiler coolers, chilled water systems, transmission and engine coolers, condensers, and evaporators in refrigeration systems. These applications incur excessive loss of energy during the transfer of heat. Many industries are adopting high-end energy-saving heat exchangers to mitigate the erosion of their revenue, which is largely due to the rise in the cost of energy. Heat exchanger manufacturing companies such as Alfa Laval and GEA Group are investing heavily in R&D to develop energy-efficient heat exchangers. This trend is expected to contribute toward the growth of the global heat exchanger market during the forecast period. The market size of heat exchangers is estimated to grow from USD 14.68 billion in 2018 to USD 22.59 billion by 2023, at a CAGR of 9.0% from 2018 to 2023. The market is driven by increasing power generation capacities and rise in technological advances in heat exchangers. The rising energy prices and stringent government regulations on the emission of CO2 are also driving the heat exchangers market. The global heat exchangers market offers various opportunities to the market players, owing to disposable incomes and rapid growth in the global economy. Increase in use of plate & frame type in heat exchangers industry to maintain low temperature in natural gas, helium, and oxygen liquefaction plants and industries are some significant aspects that augment the growth of the market. In addition, the rapid growth of process industries and discrete industries and their manufacturing operations globally also fuel the growth of heat-exchanger market. However, fluctuating prices of raw material and shift of heat exchanger manufacturers from developed to developing countries with rise in the cost of production resist the growth of the market. The global heat exchanger market has been segmented on the basis of type, application and region. Based on type, the market is further segmented into shell & tube, plate, regenerative and air cooled. Shell & tube heat exchanger segment is expected to dominate the market, mainly due to higher operating temperatures and pressure, huge potential of heat transfer, ease of fault detection, less pressure drop across the tube cooler and free from erosion. Based on application the heat exchangers market is further classified as chemicals, oil & gas, power generation, HVACR, food & beverages, and others. Heat exchangers are the basic heat transfer equipment used in chemical process industries such as polymers and plastics, petrochemicals, agrochemicals and pharmaceutical companies. Hence, chemical segment holds the largest market share in heat exchanger market. Oil & gas industry also holds second largest market share owing to increase in refineries and mining machinery coolers. Over the past few years, the global heat exchanger market has witnessed significant developments. Heat exchangers are the widely accepted equipment for various end-user applications, due to their eco-friendly and energy-efficient properties. Heat exchanger is an industrial device used for heat transferring from one fluid to other under specific operating conditions. It finds various end-use industries such as chemical, oil & gas, pharmaceutical, etc. Improving technologies, coupled with tightening regulations regarding the use of energy-efficient technologies in manufacturing companies in certain countries have helped the growth of heat exchangers market. One of the key factors contributing to this market growth is the increasing industrial activities in developing countries. The global heat exchanger market has also been witnessing the increasing adoption of energy-saving equipment. However, the increasing competition due to entry of new vendors could pose a challenge to the growth of this market. The Asia Pacific region is anticipated to hold a considerable market share for heat exchangers during the forecast period. Growing industrialization and increasing demand for heat exchangers from emerging countries, such as China and India, are likely to contribute toward the expansion of this market. Some of the key companies operating in the global heat exchangers market include Alfa Laval AB, Kelvion Holding GmbH, Danfoss A/S, SPX Corporation, Xylem Inc., API Heat Transfer, Inc., Guntner GmbH & Co. KG, Hisaka Works, Ltd., HRS Hevac Ltd., Modine Manufacturing Company, Sierra S.p.a., Sondex Holdings A/S, and SWEP International AB.
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PVC Granules from PVC Resin

PVC compounds also known as a dry blend are based on the combination of the PVC and additives that give the formulation necessary for the end-use application. The convention in recording the additive concentration is based on parts per hundred of the PVC resin (phr). The compound is generated by intimately mixing together the ingredients, which is subsequently converted into the gelled article under the influence of heat (and shear). Depending on the type of PVC and additives, the compound prior to gelation, can be a free-flowing powder/dry blend or a liquid in the form of a paste or solution. PVC compounds can be formulated for flexible materials using plasticisers, called PVC Plasicized Compounds and for rigid application without plasticizer called UPVC compound. The global plastics market size was valued at USD 522.66 billion in 2017. It is poised to expand at a CAGR of 4.0% during the forecast period. Increasing plastic consumption in the construction, automotive and electrical & electronics industries is projected to support market growth over the forecast period. Regulations to decrease gross vehicle weight to improve fuel efficiency and eventually reduce carbon emissions have promoted the use of plastics as a substitute to metals, including aluminum and steel, for manufacturing of automotive components. The growth of the construction industry in emerging markets such as Brazil, China, India, and Mexico has been instrumental in fueling the demand for plastics during 2015 and 2016. The growth of the market can be attributed to increased foreign investment in these domestic construction markets, as a result of easing FDI norms and requirements for better public and industrial infrastructure. Indian plastics industry is emerging as one of the fastest growing global markets with 12% growth rate. By 2020, plastics consumption of the country is expected to increase from the current 12 million metric tonnes per annum (MMTPA) to 20 MMTPA. The centre of gravity is rapidly shifting to India as the country offers huge opportunities for the global plastics industry. India is the world’s next plastic destination by virtue of both, its sheer size and tremendous growing domestic demand. The industry is likely to play a significant role in helping government to achieve its goal to raise exports to $900 billion by 2020. The export of plastics finished goods is expected to nearly double from $ 7.9 billion currently to $15 billion in next 5 years.
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Electronic Ballast (Choke)

Electronic Ballast is a device which controls the starting voltage and the operating currents of lighting devices built on the principle of electrical gas discharge. It refers to that part of the circuit which limits the flow of current through the lighting device and may vary from being a single resistor to a bigger, complex device. In some fluorescent lighting systems like dimmers, it is also responsible for the controlled flow of electrical energy to heat the lamp electrodes. Electronic ballast is a device that converts power frequency to very high frequency to initialize gas discharge process in Fluorescent Lamp by controlling voltage across the lamp and current through the lamp. It operates in low supply voltage. It produces high frequency to give very high output voltage initially to start up the discharge process.
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D-Phenylglycine

Phenylglycine is the organic compound with the formula C6H5CH (NH2) CO2H. It is a non-proteinogenic alpha amino acid related to alanine, but with a phenyl group in place of methyl. It is a white solid. The compound exhibits some biological activity.
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Tejpatta Oil (Bay Leaf Oil)

Bay leaf is an aromatic leaf commonly used in cooking. It can be whole or ground dried pieces of the plant. The bay leaf comes from the sweet bay tree. It is used for culinary purposes for its distinct fragrance and flavor – and is removed from the cooked food before eating. In this article, we will answer that question and discuss a lot more about bay leaf. The bay leaves, scientifically known as Laurus Nobilis are leaves of a small tree found in the Mediterranean region. The bay leaf oil has many properties that make it an essential oil and is being used in many foodservice as well as in personal care and cosmetics. The main use of the bay leaf oil is in cosmetics and especially the bay leaf oil is used in products for hair growth. The bay leaf oil is a very niche market that requires higher quality equipment and also skilled labor to produce an appropriate amount of oil. This is the reason that not many manufacturers produce the bay leaf oil. The market for the bay leaf oil is increasing due to the increasing demand for the natural essential oils.
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BOPP Films

BOPP films (Biaxially Oriented PolyPropylene Films) are produced by stretching polypropylene film in both machine direction and transverse direction. BOPP film is used in vast range of applications comprising packaging, labeling and lamination. BOPP Films are preferred substrate for food packaging globally because of its inherent moisture barrier properties, seal ability, high clarity and graphic reproduction and shelf appeal, best possibilities of the pack being a mono layer/homogeneous structure. For food packaging, it is prominently used as co-extruded heat sealable reverse printable film. BOPP, Biaxially-Oriented Polypropylene, is a film that is made of polypropylene that has been “biaxially oriented” meaning that the film has been stretched in two different directions. The film is usually a multilayer film that relates to three-layer structures: One thick layer of polypropylene sandwiched between two thin layers of polypropylene. BOPP films have become more popular in the world market because of its unusual combination of properties: The global packaging industry is moving towards a new trend and players are replacing cellophane, waxing paper, and aluminum foils with BOPP films. This trend is expected to gain traction in the coming years owing to the fact that BOPP films are more flexible and also facilitate faster packaging with advanced sealing properties as compared to other packaging materials. This has impelled manufacturers to come up with new techniques pertaining to the production of BOPP films in order to cater to the demand of various industries. The growing demand for innovative and novel packaging options is a noteworthy trend that is envisioned to open a plethora of growth prospects for the global BOPP films for packaging market. The global packaging industry is moving towards a new trend and players are replacing cellophane, waxing paper, and aluminum foils with BOPP films. This trend is expected to gain traction in the coming years owing to the fact that BOPP films are more flexible and also facilitate faster packaging with advanced sealing properties as compared to other packaging materials. This has impelled manufacturers to come up with new techniques pertaining to the production of BOPP films in order to cater to the demand of various industries. The global BOPP films for packaging market is expected to witness a CAGR of 6.0% from 2017 to 2025. In 2017, the market was worth US$ 13,669.4 Mn and is expected to touch a valuation of US$ 21,736.5 Mn by the end of 2025.
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Veterinary Medicines (Powder, Tablets & Capsules)

Veterinary medicine, also called veterinary science, medical specialty concerned with the prevention, control, diagnosis, and treatment of diseases affecting the health of domestic and wild animals and with the prevention of transmission of animal diseases to people. Veterinarians ensure a safe food supply for people by monitoring and maintaining the health of food-producing animals. Veterinary medicine is widely practiced, both with and without professional supervision. Veterinary medicine, which deals with prevention, diagnosis, and treatment of diseases, disorder, and injury in animals. Veterinary medicine is widely practiced worldwide due to increasing number of pet adoptions, rising veterinary expenditure, increasing number of veterinary professionals, and rising demand for pet insurance. The India Veterinary Healthcare market is expected to register a CAGR of around 10% during the forecast period, 2018 to 2023. Veterinary medicines are associated with treatment, diagnosis, and prevention of diseases among animals. It covers a variety of animal species, both, in domestic and wild. The global market for veterinary drugs has been categorized on the basis of geography into North America, Latin America, the Middle East and Africa, Asia Pacific, and Europe. Among these, North America is projected to experience a high growth in the next few years. As per the research study, this region led the global market in the last few years and is predicted to remain in the similar position throughout the forecast period. Furthermore, Europe is anticipated to experience a healthy growth in the next few years. Furthermore, the rising incidence of infectious disease among animals is expected to enhance the growth of the veterinary drugs market in Latin America and Asia Pacific. The rising popularity of a variety of companion animals and the growing demand for several meat products are considered as the key factors that are anticipated to encourage the growth of the global veterinary drugs market in the next few years. In addition to this, the growing disposable income of consumers, especially in developing economies has further allowed a significant rise in the expenditure on animal care, which is likely to accelerate the growth of the overall market in the near future.
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Steel Drums and Barrels

Steel drums are used for storage and transportation of both hazardous and non-hazardous materials such as chemicals, coatings, paints and oil, etc. Steel drums are prepared by the process of roll forming, then welded by the electric resistance welding method, and lastly coated and painted. Recyclability, compactness, and excellent performance in a wide range of temperature are the main reasons why steel drums are preferred over alternatives like fiber and plastic drums. The two main categories of steel drums are tight-head steel drums and open-head steel drums. The global steel drums market is estimated to grow at a CAGR of 5.4% during the forecast period – 2018-2027. The Asia Pacific steel drums market is expected to remain in the foremost position, during the forecast period. Steel drums continue to be a feasible option for storing and transporting chemicals, lubricants, flammable & combustible materials and more due to their fire resistant properties. Steel drums prove to be a reliable solution to the bulk packaging needs. These properties are anticipated to further propel the demand for steel drums in the global steel drums market during the forecast period.
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Coconut and Cashew Feni

Coconut tree is a member of the palm tree family and the only living species of the genus Cocos. The term "coconut" (or the archaic "cocoanut") can refer to the whole coconut palm, the seed, or the fruit, which botanically is a drupe, not a nut. The country is the highest producer of coconuts in the world. The total cultivated area is over 1.94 million hectares. Basically, the four southern states of India, with Kerala, holds 90% of coconut production occupying about 50% of coconut cultivated area in India. The growing market for all coconut products is waking up even in the USA, Europe, and other countries. Cashew Feni Feni is a thrice distilled liquor derived from cashew fruit, the outer fruit surrounding the cashew nut. Feni has been a part of Goan food tradition for over 400 years. It is a fruity spirit with a distinct, pungent smell that could be quite overwhelming for some. Feni is a mainstream spirit traditionally consumed in mixed cocktails with sweet or sour profiles.
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