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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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Start your own business in Porcelain Insulators. Most Profitable Opportunities for Startups.

Start your own business in Porcelain Insulators. Most Profitable Opportunities for Startups. An electrical insulator could be a material within which the electron doesn't flow freely or the atom of the insulator have tightly bound electrons whose internal electric charges don't flow freely; little electric current can flow through it underneath the influence of an electric field. This contrasts with different materials, semiconductors and conductors that conduct electric current a lot of easily. The property that distinguishes an insulator is its resistivity; insulators have higher resistivity than semiconductors or conductors. The foremost common examples are non-metals. Related Projects: - Electrical, Electronic Industries and Power Projects Insulators are utilized in electrical equipment to support and separate electrical conductors while not permitting current through themselves. An insulating material utilized in bulk to wrap electrical cables or different instrumentation is named insulation. The term insulator is additionally used a lot of specifically to refer to insulating supports used to attach electric power distribution or transmission lines to utility poles and transmission towers. They support the load of the suspended wires while not permitting this to flow through the tower to ground. When a material's electrons have very little freedom to maneuver from atom to atom, the material functions as an electrical insulator. Samples of this include glass, rubber, plastic and air – the previous 3 of which are often utilized in electronic equipment and wiring. Rubber, specifically, is usually used as a wearable insulator to shield electricians and alternative specialists from shocks that would be dangerous or deadly while not protection. At an equivalent time, plastic is used within the coating of power cables to confirm that electricity flows solely from the ability source to your electric devices. In power generation, electric cables are protected from the metal of the towers that carry them with large glass insulators. Related Projects: - Renewable Energy Sector Porcelain insulators are suitable for high tension furthermore as low tension transmission & distribution are needed to be effective at high voltages and underneath extreme climate conditions of rain snow, high wind of soaring heat. The foremost common in use are suspension kind and pin type. The top kind material is used on all distribution lines and on low voltage transmission lines. The most advantage of the pin kind insulator is that it's the cheaper insulator. The foremost usual material for outdoor insulators is porcelain, though toughened glass has recently been developed. USE OF INSULATORS ? Pin insulators are used in transmission up to 33 kv system. ? Solid post insulators is used for substation requirements. ? Suspension insulators are also used in transmission above 33 kv. ? Hollow insulators are used for making of circuit breakers, Current transformers, Potential transformers, Bushings, Lightning arrestors. PROCESS OF MANUFACTURING Main raw materials like china clay, ball clay, quartz, feldspar, plastic fire clay are used for the preparation of body. Materials like whiting, barium carbonate, zinc oxide etc. are used for the preparation of glazes. The non-plastic raw materials are ground in ball mill to the fineness of 100-120 number mesh and water is added in desired proportion. China clay and other soft clays with 0- 40% water are blunted in the blunter and sieved through 120 No. mesh and then passed through electromagnet in order to remove the iron particles. Books:- BOOKS & DATABASES Both slurries are mixed proportionately in the agitator tank. The slurry from the agitator tank is passed through filter press for dewatering to make cakes. L.T. Insulators like pin, shackles etc. are made by pressing or throwing process followed by turning on leather hardening. For making the electrical pressed porcelain items, the cakes are dried and powdered in a disintegrator. Dry broken green articles are also mixed with this body with approx. 6% water and 3% oil is mixed to form consistent and uniform granules. The prepared mass is again passed through a sieve granulator, so that any lump formed during mixing is broken to form granules. The mass is then pressed into shapes in a pillar press/toggle press fitted with dies of desired shapes. The articles are then dried and finished. The articles are glazed, if required and then fired at the temperature of about 1280oC in a shuttle kiln. The articles are taken out from the kiln are sorted and packed for selling. TYPES OF INSULATORS:- 1) Pin insulators. 2) Solid post insulators. 3) Suspension insulators. 4) Hollow insulators. 5) Long rod single piece porcelain insulators. MARKET OUTLOOK Factors similar to increase in infrastructural investment in various countries followed by favorable government regulations fuel the demand for the worldwide insulator market. To boot, ceramic insulators are mainly most popular over its glass counterparts as they possess advantages like a lot of proof against external harm from installation & shipping and deliver higher performance in wet conditions. Additionally, it also has high thermal shock resistance. Of these factors are expected to boost the growth of the market throughout the forecast period from 2019 to 2026. However, increase in incidence of pollution flashover accident is expected to hamper the market growth. However, shift in consumer preference toward composite insulator because of its better performance compared to insulators, is another factor that hampers the growth of the market. Further, on the opposite hand, rise in investments in numerous developing countries serves as an opportunity for the market. Related Videos: - Electrical, Electronic Industries and Power Projects Increasing investments toward the modernization of aging grid infrastructure along with fast urbanization can drive the India electrical insulators market. Rising investments for the growth of electric networks along with investment targets supporting the whole price chain of power transmission, generation, and distribution can further propel the trade dynamics. India transformers electric insulators market will witness growth on account of escalating electric infrastructure spending coupled the ongoing industrial expansions being carried out in the country. Increasing investments made by government authorities for the reduction of transmission losses will further complement the industry growth. INCREASING DEMAND FOR CERAMIC/PORCELAIN TYPE INSULATORS The Ceramic/porcelain type is expected to dominate the electric insulator market in 2019. Electrical insulators made of ceramic are primarily used in high voltage insulating systems. Furthermore, these insulators can be custom manufactured to be applied in high-temperature resistors. The ceramic insulators usually have a higher dielectric constant, which does not vary much with varying temperature, unlike glass, which conducts more electricity at elevated temperatures, i.e., the dielectric constant of glass varies with temperature. The demand for ceramic electrical insulators is expected to be driven by the expanding transmission and distribution network, supported by growing energy consumption, penetration of renewables in the global energy mix, among various other factors. It is expected that by 2022, the renewable energy capacity growth would be as high as 90%, out of which a significant fraction is likely to come from big utility-scale projects, which, in turn is a positive indicator for the transmission and distribution market, and consequently a bright market outlook for the ceramic electric insulators in the coming years. ASIA PACIFIC: THE FASTEST GROWING MARKET FOR ELECTRIC INSULATOR MARKET The Asia Pacific is estimated to be the fastest growing market for electric insulator market in 2023 and is projected to grow at the highest CAGR during the forecast period. Increase in population, urbanization, and the growth of the industrial sector have increased the demand for power in countries such as China and India. The government of Asia Pacific countries is planning to develop more electrical grid and power generation capacity, which would further boost the demand for insulator in the region. Therefore, increasing demand for power and up gradation of existing electrical infrastructure is expected to boost the electric insulator demand in the region. KEY PLAYERS Meister International National Switchgears ZPE ZAPEL Power-grid Switchgears PPC Insulators Yigang Precision Ceramics ABB Ltd. (Switzerland), Aditya Birla Nuvo Ltd. (India), General Electric, Siemens AG (Germany), Tags:- #porcelaininsulators #porcelaininsulator #electricinsulators #insulator #insulators #porcelain #ceramicinsulator #ceramicinsulators #porcelainbox #GlassInsulators #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #businessestostart #startupideas #BusinessFeasibilityStudies #technologyindustry #feasibilityReport
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Baking Science with Formulation & Production. Book on Bakery Products (4th Revised Edition)

About the Book Baking, referred to as the oldest form of cooking, is used for producing everyday products like bread, cakes, pastries, pies, cookies, and donuts. These products are prepared using various ingredients like grain-based flour, water and leavening agents. They are considered fast-moving consumer goods (FMCG) and are consumed daily. Owing to their palatability, appearance and easily digestible nature, they are highly preferred for both formal and informal occasions. Nowadays, most traditional baking methods have been replaced by modern machines. This shift has enabled manufacturers to introduce innovative bakery products with different ingredients, flavors, shapes and sizes. The book is invaluable reading for those starting their own baking business or any baker looking to improve their existing business in order to increase profits. Related projects:- Bakery and Confectionery Products The Global Bakery Market size is predicted to reach USD 4.36 billion by 2030 with a CAGR of 3.8% from 2020-2030. Bakery products are a part of the processed food class. They include cake, pastries, biscuits, bread, breakfast cereals, and customized baker products. The growing per-capita consumption trends of bakeshop products indicates the untapped growth potential. The market potential is high particularly in the growing markets of Asia and South America; whereby, client demand is increasing for ready to eat bakery products, as a results of the influence of Western culture and additionally for its convenience. The book covers various aspects related to different bakery products with their manufacturing process and also provides contact details of raw material, plant and machinery suppliers with equipment photographs and their technical specifications. It provides a thorough understanding of the many new developments shaping the industry and offers detailed technical coverage of the manufacturing processes of bakery products. Related Books:- Bakery, Confectionery, Ice Cream, Chocolate And Cocoa Manufacturing Food Mixer, Cookie Extruder, Rotary Oven, Biscuit Sandwiching Machine, Tunnel Gas Oven, Flour Mixer, Cookies Rotary Moulder, Bun Divider Moulder, Planetary Mixer, Spiral Mixer, Pillow Packing Machine, Oil Spray Machine are the various equipments described in the book with their photographs and technical specifications. Related Projects:- Bakery, Food, Wine, Distillery, Beer, Liquor, Agro Based Mineral Water, Ice Cream, Tea, Coffee Processing Oil Extraction, Refining Salt Projects A total guide to manufacturing and entrepreneurial success in one of today's most baking industry. This book is one-stop guide to one of the fastest growing sectors of the bakery industry, where opportunities abound for manufacturers, retailers, and entrepreneurs. This is the only complete handbook on the commercial production of bakery products. It serves up a feast of how-to information, from concept to purchasing equipment. Related Videos:- Bakery and Confectionery Products: Food Confectionery, Chocolate, Candy, Toffee, Chewing Gum, Jelly, Cream, Biscuits, Bread, Cakes, Pastries, Cookies Bread improvers play an important role in determining the physical and functional properties of bakery products. Consumer preferences globally, and rising acceptance of convenience foods owe to the increase in consumption of bakery products. Bread improvers are used to enhance color, texture, taste, and stability of bakery products such as bread, cakes, buns, rolls, croissants, pizza, biscuits, and donuts. Emulsifiers are some of the major ingredients used as bread improvers in a range of various bakery product applications. Other ingredients like enzymes, oxidizing agents, and reducing agents are also largely used in bakery applications. Bakery manufacturers have been increasingly innovating their product offerings to meet the dynamic consumer demand on tastes and functional requirements such as low fat and high nutritional value. The demand for different varieties of bread such as whole wheat and multigrain fuels the demand for bread improvers. Growing consumption of various ready-to-eat foods around the globe is one among some of the key factors driving growth of the global bakery products market. Moreover, demand for bakery products has been increasing due to convenience of use, nutrition profile, accessibility, and unique state. Also, adoption of cross-cultural eating habits and increasing demand for various healthy food alternatives are projected to drive growth of the market over the forecast period. In order to gain greater market share, key players are focusing on increasing their global presence. Another key factor expected to further drive growth of the global market and the success of companies over the forecast period is the establishment of joint warehouses in various key locations. As bakery and other food products that have gluten as an ingredient can cause various side effects such as celiac diseases and digestive diseases, most of the consumers prefer gluten-free bakery products. Basic raw materials needed for producing bakery products are fat, emulsifiers, flavors, flour, milk, and sugar. The availability and prices of these raw materials determine the pricing of bakery products. Involvements of high logistics and storage costs and high energy usage in the bakery product market are the major restraints for the growth of the global market. These high costs are due to the transportation of these products in specially designed automotive components, which are equipped with state-of-the-art refrigeration facilities. However, continuous innovations regarding product development are projected to create growth opportunities for key players in the global bakery products market over the forecast period. Growth Drivers The global bakery products market is the rising retail sales in bakery products market. The unpackaged bread will continue to rise as compared to the other categories. The volume sales of the bread are forecast to reach 190,000 tonnes by 2016. However, the frozen bakery products and with the launch of new innovative products are driving the market steadily with the volume sales of 27,300 tonnes in 2016. Further, that the major challenge for the industry is that it is divided into two sectors i.e. organized and unorganized sectors. The unorganized sectors accounts for 80% of the bread product, 67% of the biscuits and 90% of the other bakery products due to which the per capita consumption of the organized sector is decreasing tremendously. Based on geography, North-America region leads the bakery products market by 58.0% due to hectic lifestyles, convenience of bakery products and awareness of the health issues. However, Asia Pacific bakery product market is increasing steadily with a growth rate of 21.0% over the forecast period. Countries such as China, Indian, Japan, Hong Kong and Singapore have the opportunity for bakery product manufacturers owing to rising of the per-capita income, urbanization, mass consumption and advancements of the new bakery products. Tags:- #bakeryproducts #bakery #bakeryBusiness #bakeryproduction #bakeryindustry #bakerymanufacturing #foodmanufacturing #bakerybook #BakeryProject #bakerybusinessplan #bakerybusinessideas #bakerystartup #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #businessestostart #startupideas #businessplanning
Plant capacity: -Plant & machinery: -
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Return: 1.00%Break even: N/A
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Market Research Report on India Lithium-Ion Battery Market, Growth Rate, Size, Share, Trend, Drivers, Competitive Landscape, Opportunity, Limitations, Technological Landscape, Regulatory Framework, PESTEL Analysis, PORTER’s Analysis, Forecast upto 2027

India Lithium-Ion Battery Market, Growth Rate, Size, Share, Trend, Drivers, Competitive Landscape, Opportunity, Limitations, Technological Landscape, Regulatory Framework, PESTEL Analysis, PORTER’s Analysis, Forecast upto 2027 Market By Type (Lithium Cobalt Oxide, Lithium Manganese Oxide, Lithium Iron Phosphate, and Others), By Components (Cathode, Anode, Electrolytic Solution, and Others), By Application (Consumer Electronics, Industrial, and Automotive), and By Region (North India, South India, West India, and East India) The report titled India Lithium-Ion Battery Market, Growth Rate, Size, Share, Trend, Drivers, Competitive Landscape, Opportunity, Limitations, Technological Landscape, Regulatory Framework, PESTEL Analysis, PORTER’s Analysis, Forecast upto 2027 released by Niir Project Consultancy Services, provides a comprehensive analysis on Indian Lithium Ion Battery Market. The report begins with a brief insight into the scenario of the India Lithium Ion Battery industry giving details about market size, market segmentation, competitive landscape and regional information. The report analyzes the lithium Ion Battery market in profundity by covering data points like industry growth drivers, limitations, opportunity emerging trends coupled with technological landscape of the market and the regulatory framework surrounding the market. The India Lithium Ion Battery market is expected to drive due to technological advancement coupled with the surge in acceptance of EV across the region The India Lithium-Ion Battery market projected to reach USD 7 billion at a significant CAGR of over 28% during the forecasted period of 2020-2027 due to the rise in the adoption of electric vehicles across the region. Additionally, the fueling demand for smart devices, coupled with the other consumer products, is one of the primary factors that is projected to drive the Indian lithium-ion batteries market at a significant growth rate. In addition, the strong need for lithium-ion batteries for automotive purposes is anticipated to drive the market. Furthermore, the stringent government controls relevant to CO2 pollution is pushing the lithium-ion battery sector. Moreover, the growing need for eco-friendly energy storage solutions further expected to propel the market for these energy storage solutions. In addition, the declining price of lithium-ion batteries is estimated to provide opportunities for market growth. Type Overview in the India Lithium Ion Battery Market Based on the Type, the India Lithium Ion Battery market segregated into by Lithium Cobalt Oxide, Lithium Manganese Oxide, Lithium Iron Phosphate, and Others. The Lithium Cobalt Oxide segment is estimated to have a significant growth rate during the forecasted period of 2020-2027 across the region owing to its extensive uses, including in telecommunications, laptops, video cameras, and wearables. In addition, the primary purpose of the Lithium Iron Phosphate battery is in electric vehicle power batteries. However, the Lithium Cobalt Oxide type segment is projected to have a lucrative growth rate over the forecasted period by 2027 due to the high energy density of Lithium Cobalt Oxide batteries. Component Technology Segmental Analysis Based on the component technology, the Indian Lithium Ion Battery market segregated into Cathode, Anode, Electrolytic Solution, and Others. The cathode component segment is estimated to hold the largest share during the forecasted period of 2020-2027 across the region as the cathode commonly used in lithium-ion battery production. The cathode often used for the development of positive electrodes for the battery cells. Additionally, cathodes have high density and superior power output for lithium-ion batteries, which is predicted to boost the Indian market substantially. However, the Electrolytic Solution segment is predicted to have a considerable growth rate over the forecasted period by 2027. This is due to the secure, and long-lasting battery needs a durable electrolyte, which can endure current-voltage and elevated temperatures. The electrolyte has a long shelf life, thus providing high lithium-ion durability, which is projected to fuel the Indian market. Application Segmental Analysis Based on the application, the Indian Lithium Ion Battery market segregated into Consumer Electronics, Industrial, and Automotive. The automotive application is expected to be the fastest growing in the Indian lithium-ion battery market due to its fast recharge capability, and high energy density as lithium-ion batteries are the only viable technologies that are capable of fulfilling OEM specifications for automotive drive range and charging time. In addition, the growing acceptance and recognition of EVs, legislation promoting the use of EVs, and government initiatives, around the nation are the factors expected to drive the development of the lithium-ion battery industry at a substantial growth rate. Regional Overview in the India Lithium Ion Battery Market By geography, the India Lithium Ion Battery market segmented into North India, South India, West India, and East India. South region is projected to lead the market by 2027, owing to the region's propelling consumer electronics industry. India Lithium Ion Battery Market: Competitive Landscape Companies such as Exide Industries, Mahindra & Mahindra Limited, ACME Cleantech Solutions Private Limited, Reliance Industries Limited, NEC India Private Limited, Adani Enterprise Ltd, JSW Group, Denso Corp., Samsung SDI Co. Ltd., Rajamane Telectric Pvt. Ltd, Suzuki Motor Corp., Bharat Heavy Electricals Ltd., and other prominent players are the key players in the India Lithium Ion Battery market. Tags:- #lithiumionbattery #battery #BatteryRecycle #batteries #lithium #LithiumionBatteryIndustry #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #businessestostart #startupideas #businessstartupindia #feasibilityReport #projectreport #technologyindustry #businessbook #futurebusiness #businessdevelopment #LithiumCobaltOxide #ConsumerElectronics #automotiveindustry #LithiumIronPhosphate #Cathode
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Return: 1.00%Break even: N/A
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Investment Opportunities to Start Aluminium Cans for Beer and Beverage Project

Investment Opportunities to Start Aluminium Cans for Beer and Beverage Project. Production of Most Sustainable Beverage Container. The aluminium beverage will is now the popular choice for carbonated and still soft drinks, mineral waters, beers and lagers. It competes with success against drinks containers of glass, plastic and steel, and is that the only drinks container that control system recycling applies; a second hand aluminium drinks will is recycled back to aluminium can sheet for the manufacture of another aluminium drinks will. The range of drink cans includes the standard drink will with a 206 mm diameter finish, and current machine conversions additionally afford the production of a 202 mm diameter finish. Can sizes include 330 ml, 355 ml and 375 ml. Raw Materials The raw material of the aluminum beverage will is, of course, aluminum. Aluminum is derived from AN ore called mineral. U.S. aluminum producers import bauxite, primarily from Jamaica and Guinea. The bauxite is refined so smelted, and the ensuing melted aluminum is cast into ingots the aluminum base, for beverage cans consists principally of aluminum, however it contains little amounts of other metals additionally. These are usually 1% magnesium, 1% manganese, 0.4% iron, 0.2% silicon, and 0.15% copper. An outsized portion of the aluminum employed in the liquid will business springs from recycled material. Twenty-five percent of the overall American aluminum provide comes from recycled scrap, and the beverage will business is that the primary user of recycled material. The energy savings are significant once used cans are remitted, and therefore the aluminum will industry currently reclaims more than 63% of used cans. Advantages of Aluminium Can The various advantages that make it a choice material are: ? Light Weight: its light weightiness makes aluminium containers easy to transport, carry and store. ? Impermeable: The containers made from aluminium are impermeable to odor, gases or water vapor. ? The containers do not impart any metallic odor or taste to the containers ? The aluminium containers, stack-up well against other beverage containers. They occupy less space to carry same volume of contents when compared to glass bottles. ? The aluminium cans have no bottom or side seams, thus minimizing chances for leakages. ? It has high strength to weight ratio. ? The cans can be made tamper proof. ? In certain cases, such as dairy products, internal lacquering is not necessary. ? It is a good conductor of heat, which means heating, or chilling is quick and efficient. ? It shows quite corrosion resistance. ? It offers excellent recycling property. The Manufacturing Process 1 CUTTING THE BLANK The modern methodology for creating aluminum beverage cans is termed two-piece drawing and wall ironing. The method begins with associate aluminum ingot that was cast to be about 30 inches (76 cm) thick, then rolled into a thin sheet. The primary step in the actual manufacture of the will is to chop the sheet into a circle, called a blank which will type all-time low and sides of the will. Every blank is five.5 inches (14 cm) in diameter. Some material is essentially the tiny ripples at the highest of the metal are called "ears". "Earing" is an unavoidable effect of the crystalline structure of the aluminum sheet. The tiny ripples at the top of the metal are called "ears". "Earing" is an unavoidable impact of the crystalline structure of the aluminium sheet. Lost between every circle, however manufacturers have found that minimum aluminum is lost when the sheets are wide enough to hold 2 staggered rows of seven blanks each. Concerning 12-14% of the sheet is wasted, however may be reused as scrap. After the circular blank is cut, it is "drawn" or pulled up to form a cup 3.5 inches (8.9 cm) in diameter. 2 REDRAWING THE CUP The small cup ensuing from the initial draw is then transferred to a second machine. A sleeve holds the cup precisely in place, and a punch down swiftly into the cup redraws it to a diameter of concerning a pair of.6 inches (6.6 cm). The peak of the cup will increase simultaneously from the initial 1.3 to 2.25 inches (3.3 to 5.7 cm). The punch then pushes the cup against three rings known as ironing rings, which stretch and thin the cup walls. This complete operation—the drawing and ironing—is worn out one continuous punch stroke, that takes only one fifth of a second to complete. The cup is currently concerning 5 inches (13 cm) high. Then another punch presses up against the bottom of the cup, inflicting the bottom to bulge inward. This form counteracts the pressure of the carbonated liquid the will contain. All-time low and lower walls of the will are a little thicker than the upper walls, for added strength. 3 TRIMMING THE EARS The drawing and ironing method leaves the will slightly wavy at the highest. These little ripples within the metal are known as "ears." "Earing" is an unavoidable effect of the crystalline structure of the aluminum sheet. Aluminum companies have studied this phenomenon extensively, and they are able to influence the position and height of the ears by controlling the rolling of the aluminum sheet. Nevertheless, some material is lost at this stage. a few quarter in. is trimmed from the highest of the will, feat the higher walls straight and level. 4 cleaning AND DECORATING The drawing and ironing process leaves the outer wall of the will with a swish, shiny surface, therefore it doesn't need to any extent further finishing reminiscent of polishing. After the ears are cut, the will is cleaned then imprinted with its label. After the will is decorated, it's squeezed in slightly at the highest to a make a neck, and also the neck is given an out-ward projection at the terribly high edge, which will be folded over once the lid is added. 5 THE LID The lid is formed of a slightly completely different alloy than the aluminum for the bottom and sides of the will. The inward bulge of all-time low of the will helps it stand up to the pressure exerted by the liquid within it, however the flat lid should be stiffer and stronger than the bottom, therefore it's made of aluminum with a lot of magnesium and less MN than the rest of the will. This ends up in stronger metal, and the lid is considerably thicker than the walls. The lid is move a diameter of 2.1 inches (5.3 cm), smaller than the 2.6-inch (6.6 cm) diameter of the walls. The center of the lid is stretched upward slightly and drawn by a machine to form a rivet. The pull tab, a separate piece of metal, is inserted below the rivet and secured by it. Then the lid is scored in order that once the tab is pulled by the patron, the metal can detach easily and leave the proper opening. To ensure that the cans are created properly, they're automatically checked for cracks and pinholes. One in 50,000 cans is sometimes found to be defective. 6 FILLING AND SEAMING After the neck is formed, the will is ready to be stuffed. The will is held tightly against the seat of a filling machine and a beverage is poured in. The lid is added. The higher projection fashioned once the will was given its neck is then bent around the lid and seamed shut. At this time, the will is prepared for sale. Applications Food Fruits & vegetables Convenience food Pet food Meat & seafood Other food products Beverage Alcoholic beverages Carbonated soft drinks Sports & energy drinks Other beverages Pharmaceuticals Chemicals Others Market Outlook Market Outlook of India increased the beverage market in India by 20% Can-Pack india has steered a revolution within the Indian beverage packaging business with the setup of a state of the art facility for the manufacture of two-piece aluminium beverage cans. Can-Pack India is India's first and only aluminium beverage can manufacture company. in sight of the tremendous changes within the Indian economy, the globalization} process, advent of consumerism in india and also the importance of environment protection for the standard of life, Can-Pack Asian country have achieved the highest production standard providing our customers with the very best quality of beverage cans. Can-Pack India is the undisputed market leader with a 70% market share and our sales are growing year on year.500ml, 330ml regular and 330ml FIT aluminium beverage cans necked to 202 or 206 dia. Sustainability has become inevitable and aluminium packaging has become the number one choice for beverages all over the globe for the advantages it renders. While the Indian drinks market currently uses around 1 billion aluminium cans each year or 15,000-16,000 metric tons of aluminium this could increase to 5 billion cans--or 90,000-100,000 tons of metal-in seven to eight years. India is expected to consume around 2.7 million tons of aluminium, a small fraction of the 65.5 million tons of estimated global demand, but while industry estimates peg global aluminium consumption growth at 4%-6% annually, India's consumption of the metal should grow at a rate of 11%-12%. The India aluminum beverage can market size is projected to reach USD 457.4 million by 2025 at a CAGR of 10.7%. The segment is expected to register a healthy volume-based CAGR of 7.6% over the forecast amount. One among the most important factors driving the segment within the last decade has been increasing sale of brew (in aluminum food cans) through off-premise retail channels comparable to grocery, mass merchandisers, and convenience stores. These stores are that includes additional canned beer offerings than those offered by bars and restaurants (on-premise retailing). Despite the presence of a large consumer base, the Indian beer business has been witnessing lower levels of beer consumption, which may be attributed to restrictions on the supply of beer (alcohol) in certain states of the country. In terms of volume, the alcoholic beverages application segment is expected to witness steady growth over the forecast amount, because of rising popularity of on-the-go alcohol options. West India dominated the market in terms of revenue, with a market share of thirty one.4% in 2017, owing to increasing consumption of energy and sports drinks. This can be attributed to high performance of the tourism industry within the region. Aluminum Cans of 201-450 ml to Stay in Demand With beverage industry behemoths such as Coca-Cola and PepsiCo preparing to roll out water packaged in aluminum, market players are ramping up the production of aluminum cans of a wide range of capacities. Owing to advantages such as lightweight and easy to transport and store, 201-450 ml aluminum cans continue to witness relatively high demand, amid the rise of ‘on-the-go’ culture and growing popularity of ready-to-drink (RTD) beverages. Manufacturers are also focusing on higher range of capacities including 700-1000ml and more than 1000ml to capitalize on rapidly growing demand from paints & lubricants and personal care & cosmetics industries. Market Outlook of Global The global beverage cans market size is expected to reach USD 60.92 billion by 2024. The growth is driven mostly by increasing demand for compact beverage packaging solutions worldwide. Demand for energy drinks, canned cold coffee and iced tea in Europe and Latin America are expected to grow significantly driving the beverage can market boom. This is expected to propel the demand for aluminium beverage cans in these countries causing an export boom from the can producing countries. North America is a major consumer of carbonated drinks and other flavoured soda drinks and during the forecast period, the country is expected to influence the demand for aluminium cans significantly. Aggressive promotion by soft drink manufacturers such as Coca-Cola is also expected to have a positive impact on the beverage cans market growth. The global beverage cans market is anticipated to expand at a rapid pace due to the rise in demand for aerated drinks and rise in consumption of packaged juices. Consumers are adopting healthier style that successively is propelling the demand for beverage cans for vegetables and fruits juices and caffeine-based drinks similar to low and iced tea. Moreover, the expansion of the beverage cans market will be attributed to the increase in consumption of alcoholic beverages, such as beer and potable, which require to be cooled at specific temperatures to boost their style. However, fluctuations in raw material costs and complexities within the manufacture of steel beverage cans are expected to restrain the beverage cans market. Innovation in style form and recapping of beverage cans are anticipated to form opportunities within the market. Key Players:- Bharat Containers (Nagpur) Pvt. Ltd. Hindustan Tin Works Ltd. Kandhari Beverages Pvt. Ltd. Punsumi Foils & Components Ltd. Zenith Tins Pvt. Ltd. Ball Aerocan India Pvt. Ltd. Ball Beverage Packaging (India) Pvt. Ltd. Can-Pack India Pvt. Ltd. Nilraj Engineering Works Pvt. Ltd. Shetron Ltd. Tags:- #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #businessestostart #startupideas #AluminiumCans #Aluminium #Packaging #beveragecans #Beveragesindustry #aluminiumbusiness #aluminiumindustry #aluminiumproduction #BeverageCanManufacturing #aluminiumpackaging #aluminiumbottles #BeerCans
Plant capacity: Aluminium Beverage Cans each 330 ml Size:13.3 Lakh Pcs. / day Plant & machinery: Rs 343 Cr
Working capital: -T.C.I: Cost of Project :Rs 399 Cr
Return: 23.00%Break even: 36.00%
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Indian Kitchen Spices (Masala Powder) Spices Powder and Blended Spices, Readymade mixes (Red Chilli Powder, Sambhar Masala, Biryani Masala, Chicken Fry Masala, Garam Masala)

A spice is a seed, fruit, root, bark, berry, bud or other vegetable substance primarily used for flavoring, coloring or preserving food. Spices are distinguished from herbs, which are parts of leafy green plants used for flavoring or as a garnish. Many spices have antimicrobial properties. Spices produce a vast and diverse assortment of organic compounds, the great majority of which do not appear to participate directly in growth and development. Today, Indian spices are the most sought-after globally, given their exquisite aroma, texture, taste and medicinal value. India has the largest domestic market for spices in the world. Traditionally, spices in India have been grown in small land holdings, with organic farming gaining prominence in recent times. India is the world's largest producer, consumer and exporter of spices. Demand for Indian spices is high because they are clean and hygienic as compared to that of other countries. The total market size of branded spices is estimated at 6,600 crore, and is growing at 14 per cent annually. While the US is the main importer of Indian spices, contributing 16 per cent of the total export value, it is followed by China at nine per cent. The UAE and Malaysia are at six per cent, while Saudi Arabia, Germany, Sri Lanka, Singapore and the UK at four per cent each. India produces almost all the known spices and the country takes pride in being one of the largest exporters of this commodity. As the spice is a mass consumption item that’s mostly used in culinary preparation or seasoning of food merchandise, its internal demand is heightening increasingly. Moreover, the Indian Spices Manufacturer in India uses matured technology-based machinery and quality-conscious resources or raw material to deliver customer-satiating products. By 2020, the Indian spice market is anticipated to reach USD 18 billion approximately. Looking at the potential in the sector the manufacture of branded spices and spice mixes are expected to get a surge. The Indian government is also aggressively promoting spice exports through various initiatives such as setting up of “spice parks” that offer common processing facilities to both producers and exporters. Blended Spices have shown remarkable growth in India in the past couple of years. The market is forecasted to grow with a CAGR of more than 9% in the near future. An increasing population of working women and consumers awareness towards adulteration has created a huge demand for blended spices. With higher purchasing power due to the high economic development of India, there has been a change in the preference of Indian consumers. The consumers are observed to be shifting from standard, local and regional brands towards national brands. The consumption of foreign brands is also observed to be increasing in Indian Blended Spices market. While the growth of blended spices and spices mix has opened a new segment for many of the players as it is currently consisting of regional players. Food and beverage industry is the most important end user of spices in the world. With a rise in disposable income, the working class and urban population in general is willing to eat in restaurants and experience different cuisines. Packaged and frozen food are also utilizing spices to make the food seem more edible while preserving it for a long time simultaneously. This has been contributing to the overall market growth of spices and will define its direction in the upcoming years. The Indian spices market is worth INR 40,000 crore annually. Key spices produced in the country include pepper, cardamom, chilli, ginger, turmeric, coriander, cumin, celery, fennel, fenugreek, ajwain, dill seed, garlic, tamarind, clove, and nutmeg among others. The market is largely unorganized and the branded segment makes up about 15%. The population in India is surging and the increasing consumer expenditure on food explains the swelling demand for food in India. Accordingly, the demand for spices is expected to grow in the future which will lead to a prominent growth in the revenues from the sales of spices in India. The revenues from India market are expected to expand to around USD 18 billion in FY’2020, growing with a CAGR of ~% from FY’2016 to FY’2020. The highest contribution to this growth is expected to come from the spice mixes and blended spices. Few Indian major players are as under Sunrise Foods Pvt. Ltd. Shubham Goldiee Masale Pvt. Ltd. Paras Spices Pvt. Ltd. M V J Spices (India) Pvt. Ltd. M V J Foods (India) Pvt. Ltd. Kitchen Xpress Overseas Ltd. MDHSpices
Plant capacity: Red Chilli Powder: 100 Kgs. / day Sambhar Masala:100 Kgs. / day Biryani Masala:100 Kgs. / day Chicken Fry Masala:100 Kgs/ day Garam Masala:100 Kgs. / dayPlant & machinery: Rs 35 lakhs
Working capital: -T.C.I: Cost of Project: Rs 195 lakhs
Return: 29.00%Break even: 53.00%
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Calcium & Zinc Stabilizer for Pipe and Foam board Application

Stabilisers are added to PVC to allow its processing and to improve its resistance especially in outdoor applications, weathering and heat ageing and have an important influence on the physical properties of PVC finished articles. Factors such as process technology involved, technical requirements of PVC end product, regulatory requirements and cost, influence the choice of the stabilizer used. Calcium-based stabilisers have also been introduced in PVC rigid calendering film production when improved organoleptic characteristics are required, for instance as alternative to tin mercaptides in transparent food packaging application or as alternative to tin carboxylates in PVC blown films shrinkable and for candy wrap. Similarly, calcium-based stabilisers are now an alternative to Liquid Mixed Metals (LMM) for several flexible applications, especially for the indoor ones, when stringent air quality requirements are in place (see “VOC improvement” under the liquid stabilisers). The use of calcium/zinc stabilizer systems has been common in PVC. Because of the characteristics of calcium/zinc stabilized materials they are widely used in many flexible and rigid PVC applications. This type of stabilizing system can give products which have a high degree of clarity, good mechanical and electrical properties, excellent organoleptic properties and good outdoor weather ability. Calcium zinc stabilizer is synthesized by special composite technology with calcium salt, zinc salt, lubricant and antioxidant as the main components. It can not only replace lead cadmium salt and organic tin and other toxic stabilizers, but also has good thermal stability, optical stability, transparency and coloring power. Practice has proved that, in PVC resin products, good processing performance, thermal stability is equivalent to lead salt stabilizer, is a good non-toxic stabilizer. The global metallic stearate market size was valued at USD 3,017.7 million in 2016. The U.S. metallic stearate market size was recorded at USD 263.9 million in 2016 and is anticipated to grow at a CAGR of over 3% from 2017 to 2025. There are various product types in the industry, including ones based on zinc, calcium, aluminum, and magnesium. The others segment includes, sodium and lithium stearates. The demand for the product in various applications, such as plastics, rubber, pharmaceutical, cosmetics, building & construction, and paints & coatings has increased over the years, and is expected to expand in major markets such as China and India.As a whole any entrepreneur can venture in this project without risk and earn profit.
Plant capacity: Calcium Stabilizer :1.33 MT / day Zinc Stabilizer:1.33 MT / day Calcium-Zinc Stabilizer:1.33 MT / dayPlant & machinery: Rs 62 lakhs
Working capital: -T.C.I: Cost of Project : Rs 291 lakhs
Return: 27.00%Break even: 58.00%
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Herbal/Ayurvedic Hand Sanitizer

Ayurvedic Herbal Hand Sanitizers provides an effective and convenient way to clean your hands when soaps and water are not available. The main ingredient in the hand sanitizers are its extracts (Vanilla, Basil and Sandalwood, Lemon), Vitamin E, and Tea Tree oil. Vitamin E softens rough and dry hands and it is proven to be treating skin infections and Tea Tree Oil softens dry cuticles and provides relief from itching. This alcohol-based sanitizers kill 99.99% bacteria, fungi and prevents from infections. It absorbs in seconds, leaving sweet fragrance and everlasting essence with a feeling upon its repetitive usage. Hand sanitizer is a gel or foam that kills germs and infectious bacteria. It is used as an alternative to hand-washing, and comes in two main varieties, those that are alcohol-based and those which are not. Hand sanitizer is listed on the WHO’s List of Essential Medicines. Hand sanitizer is a liquid or gel generally used to decrease infectious agents on the hands. They are available as liquids, gels, and foams. Formulations of alcohol-based versions are preferable to hand washing with soap and water in most situations in the healthcare setting. Generally, it is more effective at killing microorganisms than soap and water, with some exceptions such as norovirus and clostridium difficile. The general use of non-alcohol based versions has no recommendations. Outside the healthcare setting, hand washing with soap and water is generally preferred. Hand washing should still be carried out if contamination can be seen or following the use of the toilet. India hand sanitizer market is projected to surpass $ 43 million by 2025. Growth of hand sanitizer market in India can be attributed to rising awareness about healthy lifestyle & wellness, shifting consumer preference towards convenient hygiene products and rising disposable income. Moreover, the strong marketing activities by leading brands, in addition to huge endorsements, are some other drivers of hand sanitizer market in India. Moreover, the COVID-19 outbreak has boosted demand for sanitizers like never before across the diverse end user segments. Traditionally, the conventional methods include washing hands with soil, ash and water but these methods were not proven as they only clean the hands but they didn't sanitize them. With swaying time, people started using the soaps for washing hands but they were also not hygienic due to the frequent touching. Moreover, the world was also facing the outbreaks of communicable diseases such as H1N1 Swine Flu, Bird Flu, Small pox, Measles, Ebola virus, Marburg, Hantaviruses, and the recent one, Covid 19 corona virus. It became very necessary to maintain health and hygiene to overcome this diseases. Hence, the necessity of the hand hygiene products such as liquid hand wash and hand sanitizers emerged in the modern world. India hand sanitizer market is projected to surpass $ 43 million by 2025.Growth of hand sanitizer market in India can be attributed to rising awareness about healthy lifestyle & wellness, shifting consumer preference towards convenient hygiene products and rising disposable income. Moreover, the strong marketing activities by leading brands, in addition to huge endorsements, are some other drivers of hand sanitizer market in India. Moreover, the COVID-19 outbreak has boosted demand for sanitizers like never before across the diverse end user segments. Few Indian major players are as under Ayurvet Ltd. Dabur Pharmaceuticals Ltd. Himalaya Drug Co. Pvt. Ltd. PatanjaliAyurved Ltd. Emami Ltd. Truworth Health Technologies Pvt. Ltd.
Plant capacity: Herbal/Ayurvedic Hand Sanitizer (100 ml Size each): 20,000 Bottles / dayPlant & machinery: Rs 14 lakhs
Working capital: -T.C.I: Cost of Project : Rs 724 lakhs
Return: 32.00%Break even: 36.00%
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Active Pharma Ingredients (API) Amoxicillin Trihydrate, Azithromycin & Paracetamol

Active pharmaceutical ingredients are the active substances that are used in the manufacture of a drug and have a pharmacological effect. They provide health benefits and play a vital role in disease diagnosis, prevention, and treatment. Active pharmaceutical ingredients may be synthesized either chemically or through biotechnological methods. The Active Pharmaceutical Ingredient (API) is the part of any drug that produces the intended effects. Some drugs, such as combination therapies, have multiple active ingredients to treat different symptoms or act in different ways. Active Pharmaceutical Ingredient (API), is the term used to refer to the biologically active component of a drug product (e.g. tablet, capsule). Drug products are usually composed of several components. The aforementioned API is the primary ingredient. Other ingredients are commonly known as "excipients" and these substances are always required to be biologically safe, often making up a variable fraction of the drug product. The procedure for optimizing and compositing this mixture of components used in the drug is known as "formulation." India is the seventh largest country in the world and has the second highest population. It has a parliamentary democratic form of government and has abundant natural resources and sufficient oil reserves. The country has a huge skilled, English-speaking, and inexpensive labor force. Its young population and current economic policies have made it one of the largest recipients of FDI in the world. The global active pharmaceutical ingredient market size is expected to reach a value of USD 286.6 billion by 2027, registering a CAGR of 6.7% over the forecast period. Factors, such as increasing preference for outsourcing APIs and growing prevalence of various target diseases such as cancer and Cardiovascular Diseases (CVDs) are expected to drive the market growth. Majority of specialty API companies are increasing their manufacturing facilities for specialty active pharmaceutical ingredients (API) to take care of or gain market share. Substantial investments within the growth of approved specialty active pharmaceutical ingredients (API) is one in all the most important factors among key players in the specialty active pharmaceutical ingredients (API) market. For instance, in early 2020, Wuxi STA opened oligonucleotide API manufacturing facility in Changzhou, China to cope up with the increasing demand. In 2018, Cordon Pharma expanded operations with new commercial oligonucleotide active pharmaceutical ingredients (API) manufacturing capabilities at its FDA inspected Colorado facility. The emergence of COVID-19 has brought the world to a standstill. We perceive that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies will help within the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost each sector is anticipated to be impacted by the pandemic. Role of Government towards API The coronavirus outbreak disrupting supply of active pharmaceutical ingredients (APIs) and medical devices from China to India, the government has come out with four schemes worth Rs 13,760 crore to encourage manufacturing of bulk drugs and medical devices in the country and their exports. On March 21, the Union Cabinet under the chairmanship of Prime Minister Narendra Modi had approved an expenditure of Rs. 9,940 crore and Rs. 3,820 crore for APIs and medical devices, respectively. The Cabinet also approved a scheme on promotion of bulk drug parks for financing common infrastructure facilities in three bulk drug parks with financial implication of Rs. 3,000 crore for next five years. The government will give grants-in-aid to states with a maximum limit of Rs. 1,000 crore per bulk Drug Park. Parks will have common facilities such as solvent recovery plant, distillation plant, power and steam units, common effluent treatment plant etc. The government further approved production linked incentive (PLI) scheme for promotion of domestic manufacturing of critical KSMs/drug intermediates and APIs in the country with financial implications of Rs. 6,940 crore for next eight years. Financial incentive will be given to eligible manufacturers of identified 53 critical bulk drugs on their incremental sales over the base year (2019-20) for a period of 6 years. Out of 53 identified bulk drugs, 26 are fermentation based bulk drugs and 27 are chemical synthesis based bulk drugs. Rate of incentive will be 20 per cent (of incremental sales value) for fermentation based bulk drugs and 10 per cent for chemical synthesis based bulk drugs. The PLI scheme will lead to expected incremental sales of Rs. 46,400 crore and significant additional employment generation over eight years. The drug industry has welcomed the incentives offered by the government to promote API units in India. Besides APIs, the Cabinet also approved the scheme for promotion of medical device parks in the country in partnership with the states. A maximum grant-in-aid of Rs. 100 crore per park will be provided to the states. It will have financial implications of Rs. 400 crore. The PLI scheme for promoting domestic manufacturing of medical devices will have financial implications of Rs. 3,420 crore for next five years. Medical device is a growing sector and its potential for growth is the highest among all sectors in the healthcare market. It is valued at Rs. 50,026 crore for 2018-19 and is expected to reach to Rs. 86,840 crore by 2021-22. India depends on imports up to an extent of 85 per cent of total domestic demand of medical devices. Union Cabinet scheme on Promotion of Bulk Drug Parks • The scheme on Promotion of Bulk Drug Parks for financing Common Infrastructure Facilities in 3 Bulk Drug Parks with financial implication of Rs. 3,000 crore for next five years. • Production Linked Incentive (PLI) Scheme for promotion of domestic manufacturing of critical KSMs/Drug Intermediates and APIs in the country with financial implications of Rs6,940 crore for next eight years. Details: Promotion of Bulk Drug Parks • Decision is to develop 3 mega Bulk Drug parks in India in partnership with States. • Government of India will give Grants-in-Aid to States with a maximum limit of Rs. 1000 Crore per Bulk Drug Park. • Parks will have common facilities such as solvent recovery plant, distillation plant, power & steam units, common effluent treatment plant etc. • A sum of Rs. 3,000 crore has been approved for this scheme for next 5 years. Production Linked Incentive Scheme • Financial incentive will be given to eligible manufacturers of identified 53 critical bulk drugs on their incremental sales over the base year (2019-20) for a period of 6 years. • Out of 53 identified bulk drugs, 26 are fermentation based bulk drugs and 27 are chemical synthesis based bulk drugs. • Rate of incentive will be 20 % (of incremental sales value) for fermentation based bulk drugs and 10% for chemical synthesis based bulk drugs. • A sum of Rs. 6,940 crore has been approved for next 8 years. Few Indian major players are as under Alpha Remedies Ltd Ankur Drugs & Pharma Ltd. Aurobindo Pharma Ltd. Dr. Reddy'S Laboratories Ltd. Glaxosmithkline Pharmaceuticals Ltd. Farmson Pharmaceutical Gujarat Pvt. Ltd.
Plant capacity: Paracetamol:1,000 Kgs / day Azithromycin:500 Kgs / day Amoxicillin Trihydrate:500 Kgs / dayPlant & machinery: Rs 175 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1322 lakhs
Return: 29.00%Break even: 47.00%
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Surgical & N95 Masks

A surgical mask, also known as a procedure mask, medical mask or simply as a face mask, is intended to be worn by health professionals during surgery and during nursing to catch the bacteria shed in liquid droplets and aerosols from the wearer's mouth and nose. They are not designed to protect the wearer from inhaling airborne bacteria or virus particles and are less effective than respirators, such as N95 or FFP masks, which provide better protection due to their material, shape and tight seal. Surgical masks are designed to keep operating rooms sterile, preventing germs from the mouth and nose of a wearer from contaminating a patient during surgery. Although they have seen a rise in popularity among consumers during outbreaks such as the coronavirus, surgical masks are not designed to filter out viruses, which are smaller than germs. The India surgical mask market accounted for $58 million in 2017, and is projected to reach $95 million by 2025, registering a CAGR of 6.1% from 2018 to 2025. Surgical masks are made of natural fiber, such as cotton or disposable linen or synthetic materials, such as polypropylene. They are made of different layers including a hydrophobic outer layer, a middle filtering layer, and an inner hydrophilic layer to absorb the fluid and moisture. They are used as a barrier to avoid cross contamination by microorganisms and are used during surgical procedures. The surgical mask is used by surgeons during procedures and other medical professionals while interacting with the patients to avoid cross contamination of microorganisms. The India surgical mask market is driven by various factors, such as increase in elderly population, increase in adoption of surgical mask in the general population, and surge in prevalence of contagious and chronic diseases such as tuberculosis and asthma. Furthermore, rise in the number of medical device manufacturing companies is also anticipated to supplement the growth of the surgical masks industry. The demand within the global market for surgical mask has been rising on account of advancements in the field of medical surgery and diagnosis. Surgical masks are meant to protect doctors and surgeons from harmful infections and pathogens that may get suspended in the surgery room. Furthermore, the patient who is under treatment also needs to be protected from infectious agents that may be discharged by others in the surgery rooms. Hence, the global market for surgical mask is expected to expand at a stellar pace in the years to follow. There have been multiple attempts at manufacturing improved surgical masks, and this has given an impetus to market growth. The world is currently experiencing the pandemic of an infectious disease called COVID-19. This infection leads to multiple organ failure, acute & severe respiratory disorders, pneumonia, and even death in severe cases. Hence, surge in number of people with coronavirus infections is anticipated to drive the global surgical face masks market. According to the World Health Organization, globally, 823,626 confirmed and 72,736 new cases of COVID-19. The effectiveness of surgical face mask in blocking the transmission of SARS is 68%. Therefore, it is widely used by medical workers as part of droplet transmission precaution when caring for patients with respiratory infections. Hence, increase in use of surgical face masks is projected to fuel the growth of the global surgical face masks market. Furthermore, vulnerable populations, such as older adults with chronic conditions, are at high risk of infectious diseases, including COVID-19. Hence, the use of face mask to prevent infections by the geriatric population is anticipated to drive the global market. Few Indian major players are as under 3M India Ltd. Health Insurance T P A Ltd. GoodKimberly-Clark India Pvt. Ltd. Mediklin Healthcare Ltd. Surgeine Healthcare (India) Pvt. Ltd.
Plant capacity: Surgical Face Masks (each Pkts = 25 Pcs.): 1,694 Pkts / day N95 Face Masks (each Pkts = 5 Pcs.): 8,467 Pkts / dayPlant & machinery: Rs 350 lakhs
Working capital: -T.C.I: Cost of Project : Rs 865 lakhs
Return: 29.00%Break even: 53.00%
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Biodegradable Plastic Bags from Corn & Cassava Starch Granules

Biodegradable plastic is plastic that decomposes naturally in the environment. This is achieved when microorganisms in the environment metabolize and break down the structure of biodegradable plastic. The end result is one which is less harmful to the environment than traditional plastics. Corn starch is blended with suitable plasticizer, lubricants and other chemical additives and processed in a twin screw extruder to produce thermoplastic starch pellets or granules. These pellets are further processed to manufacture cast or blown films. If disposed of correctly, packaging material made from cornstarch will break down into carbon dioxide and water within several months. However, if the material is not disposed of correctly cornstarch-based material will take longer to decompose, especially if there is no oxygen or light available. The global biodegradable plastic packaging market was valued at USD 4.65 billion in 2019, and is expected to reach a market value of USD 12.06 billion by 2025, registering a CAGR of 17.04% during the forecast period of 2020-2025.Growing environmental concerns regarding plastic usage that consists of toxic pollutants which are harming plants, animals, and people are driving the use of biodegradable plastic. Stringent regulations by various government and federal agencies with an objective to reduce plastic waste and promote biodegradable plastics usage in packaging is boosting the demand of this market. Regulations related to green packaging is increasing and various FMCG companies are required to adopt biodegradable packaging to comply with the standards which in turn is propelling the growth of this market. Biodegradable plastic is plastic that decomposes naturally in the environment by the action of microorganisms in the environment that metabolize and break down the structure of biodegradable plastic. The end result is one which is relatively less harmful to the environment than the traditional plastics. Non-decomposable plastics are a global environmental problem. Governments around the world are dealing with this problem by banning single-use plastics and promoting biodegradable plastics. Moreover, consumers are willing to pay more for biodegradable plastics owing to their eco-friendly nature. Moreover increasing use of biodegradable plastics in packaging and agriculture sectors is projected to drive the global biodegradable plastics market. Based on end-use industry, the biodegradable plastics market has been segmented into packaging & bags, consumer goods, agriculture & horticulture, textile, and others (automotive, medical, and building & construction). Packaging & bags is the largest and the fastest-growing end-use industry of biodegradable plastics. The new applications of biodegradable plastics in the packaging industry are diaper banking, adult incontinence products, and landfill covers. With several innovative products coming up, the use of biodegradable plastics in packaging is expected to increase further.
Plant capacity: Biodegradable Plastic Bags from Corn Starch Granules (Per Bag 25 gms Size): 6 MT per/ day Biodegradable Plastic Bags from Cassava Starch Granules (Per Bag 25 gms Size) : 6 MT per/ day Plant & machinery: Rs 77 lakhs
Working capital: -T.C.I: Cost of Project: Rs 485 lakhs
Return: 31.00%Break even: 59.00%
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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