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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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Bamboo Paper Based Products Tissue Paper, Paper Bags & Plates

Tissue paper is produced by using the paper pulp of hardwood and softwood trees, water and chemicals. It is majorly used for hygiene and sanitation purposes as it is more suitable and convenient to use for cleaning and dry wet surfaces. In addition, tissue paper is the soft, absorbent and disposable paper which is used for multipurpose including cleaning face as most suitable alternatives to the washable handkerchiefs, toilet paper, table napkins, etc. Toilet paper comes in various plies or layers of thickness, from one-ply all the way up to six-ply, meaning that it is either a single sheet or multiple sheets placed back to-back to make it thicker, stronger and more absorbent. Facial tissue and paper handkerchief refers to a class of soft, absorbent, disposable papers that are suitable for use on the face. They are disposable alternatives for cloth handkerchiefs. Paper bags are widely used in clothing, food, shoes, gifts, alcohol, drugs and other areas of packaging. At present, we can use them a lot of paper divided into two types of mobile. Bamboos plates are eco-friendly are come from 100 percent bamboo. They are also both compostable within a quick 2-6 months depending on the product and the process used to create it. Bamboo is quickly becoming very popular due to its ease of growth and cultivation. It can grow in many kinds of climates and reproduces both quickly and easily. Increasing awareness regarding health and hygiene among the population is one of the key factors supporting the growth of the tissue paper market. The other key factors which are responsible for driving the tissue paper market include ease of use, cost-effectiveness and low penetration of tissue paper substitutes across the globe. Moreover, increasing women workforce has led to the growing usage of tissue paper products that will further boost the global tissue paper market. A rise in the healthcare expenditure and change in the lifestyle of consumers will propel the growth of the tissue paper market. In addition, booming tourism and hospitality industries will increase the demand for tissue paper globally. For instance, the transportation cost of tissue papers is increasing then its actual cost owing to the spread of the COVID-19 across the globe which will further impact the growth of the tissue paper market. However, fluctuation in raw material prices and increasing concern regarding the deforestation will hamper the growth of the global tissue paper market. Globally the organic tissue paper market is estimated to escalate at a higher growth rate which is supported by increasing demand of naturally biodegradable personal care products. Rising application of organic tissue paper for facial application is supporting the market growth. Availability of different product type and improved distribution channel is playing the key role for organic tissue paper market growth. All these factors contribute to the calculated CAGR of 4.2% of organic tissue paper market during 2017-2023. The Indian Paper Industry accounts for about 1.6% of the world’s production of paper and paperboard. The global paper industry is highly concentrated in the China, United States, Japan, Germany, Canada, Finland, Sweden & Indonesia which together accounted for more than 65% of total paper production. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under B & A Packaging India Ltd. Kimberly-Clark India Pvt. Ltd. Pudumjee Paper Products Ltd. Andhra Paper Ltd. Johnson & Johnson Pvt. Ltd. Nippon Paper Foodpac Pvt. Ltd.
Plant capacity: Tissue Paper per Packet 25 Pcs. each : 7,000 Pkts. / Day Paper Bag per Packet 10 Pcs. each : 7,200 Pkts. / Day Paper Plate per Packet 10 Pcs. each : 2,500 Pkts. / DayPlant & machinery: Rs 73 lakhs
Working capital: -T.C.I: Cost of Project : Rs 307 lakhs
Return: 27.00%Break even: 60.00%
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Tomato Products Tomato Ketchup, Sauce and Soup

Tomatoes are widely consumed and worldwide cultivated. They are one of the most important crops around the world. Tomato (Lycopersiconesculentum) belongs to the genus Lycopersicon under Solanaceae family. Tomato is an herbaceous sprawling plant growing to 1-3 m in height with weak woody stem. The flowers are yellow in colour and the fruits of cultivated varieties vary in size from cherry tomatoes, about 1–2 cm in size to beefsteak tomatoes, about 10 cm or more in diameter. Most cultivars produce red fruits when ripe. Tomato is a native to Peruvian and Mexican region. Tomato is indigenous to the Peru and Equator region in South America and it probably evolved from Lycopersiconesculentum var. cerasiforme, the cherry form. However, it was domesticated and first cultivated in Central America by early Indian civilizations of Mexico. Tomato is a valuable raw material used for processed products such as juice, puree, and paste, ketchup/sauce, and canned whole. The recent scientific advances have revolutionized tomato processing industries. Tomato ketchup, Soups and Sauce are all palatable foods, used in all hotels, restaurants and houses. Tomatoes sauce and ketchup can enhance the flavor of almost any cooked dish. Cooking tomatoes — such as in spaghetti sauce — makes the fruit heart-healthier and boosts its cancer-fighting ability. All this, despite a loss of vitamin C during the cooking process, substantially raises the levels of beneficial photochemical. Ketchup is a sweeter and diluted version of puree (Pulp). Tomato sauce tastes sweet and sour. Both sauce and ketchup are consumed with food and snacks. Tomato processing industry is huge. The only ketchup and sauce market in India is pegged at Rs 1,000 crore and growing at around 20% year-on-year. There is a big market for the processed tomato products. The market scenario has revealed a positive indication for the specially packed tomato sauce in local as well as outside market. Rapid urbanization has increased the use of processed tomato products. Fast food and ketchup are directly proportional to one another. The sweet and tangy taste provided by ketchup adds to the entire experience of a delicious or finger licking meal. Thus the rise in the demand for fast food has resulted in the rise in the demand for ketchup in India. With the growing patterns of fast food consumption in the country the need for ketchup is also increasing. According to a recent survey conducted by Down to Earth it is estimated that Indians spend about ` 4,449 crore a year in fast-food centers. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Adinath Agro Processed Foods Pvt. Ltd. Cremica Food Inds. Ltd. Nestle India Ltd Hindustan Unilever Ltd. Sublime Foods Ltd. Veeba Food Services Pvt. Ltd. Tropicana Beverages Co
Plant capacity: Tomato Ketchup (500 gms Size Glass Bottle) : 2,000 Kgs / Day Tomato Sauce (500 gms Size Glass Bottle): 2,000 Kgs / Day Tomato Soup (50 gms Size Pouch): 1,000 Kgs / DayPlant & machinery: Rs 387 lakhs
Working capital: -T.C.I: Cost of Project : Rs 686 lakhs
Return: 26.00%Break even: 57.00%
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IV Fluids (BFS Technology)

Fluids are given when someone's body fluid volume falls. There are a number of things which can cause a drop in fluid volume. Vomiting and diarrhea are a classic example, which is why people are encouraged to drink fluids when they are sick, to keep their fluid volume stable. Another cause is blood loss, which causes problems both because people lose blood products, and because they experience a loss in fluid volume. Electrolyte levels in the blood can also become unstable as a result of rapid changes in fluid volume, in which case intravenous fluids can be used to restore the balance. Intravenous fluids are fluids which are intended to be administered to a patient intravenously, directly through the circulatory system. These fluids must be sterile to protect patients from injury, and there are a number of different types available for use. Many companies manufacture packaged intravenous fluids, as well as products which can be mixed with sterile water to prepare a solution for intravenous administration. Intravenous (IV) solutions are fluids which are intended to be administered to a patient directly into the venous circulation. These fluids are sterile fluids which protects patients at the time of serious dehydration. There are various type of IV solutions available for use in the market. Many companies manufacture packaged intravenous fluids or products or compounds which can be mixed with sterile water to prepare a solution for intravenous administration. The market for Intravenous (IV) Solution is expected to reach USD 11,511.2 million by 2022 and is expected to grow at a CAGR of 7.69% during the forecast period 2016-2022. The factors which drive the growth of the market are the rising prevalence of chronic diseases, rising acceptance of vitamin C intravenous treatment therapy to treat colorectal cancer. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Abaris Healthcare Pvt. Ltd. Axa Parenterals Ltd. Infutec Healthcare Ltd. Parenteral Surgicals Ltd Pharmazell (India) Pvt. Ltd. Shree Krishna Keshav Laboratories Ltd. Punjab Formulations Ltd.
Plant capacity: IV Fluids (500 ml Size Bottle) :100,000 Bottles / DayPlant & machinery: Rs 751 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1277 lakhs
Return: 26.00%Break even: 54.00%
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Disposable Surgical Gloves

A surgical (surgeon’s) glove is made of natural or synthetic rubber intended to be worn by operating room personnel to protect a surgical wound from contamination. Surgical gloves have more precise sizing (numbered sizing, generally from size 5.5 to size 9), and are made to higher specifications. They are hand specific. Non-latex materials gloves have not yet replaced latex gloves in surgical procedures, as gloves made of alternate materials generally do not fully match the fine control or greater sensitivity to touch available with latex surgical gloves. High-grade non-latex gloves (such as Nitrile gloves) also cost two or more times the price of their latex counterparts, a fact that has often prevented switching to these alternate materials in cost-sensitive environments, such as many hospitals. Powder-free medical gloves are also used in medical clean room environments, where the need for cleanliness is often similar to that in a sensitive medical environment. Similar but specially tested gloves are used in electronics clean rooms. The global disposable gloves market size was valued at USD 8.19 billion in 2017.Growing demand for disposable gloves in medical and healthcare, pharmaceutical, automotive finishing, chemical, and oil and gas industries has been a major factor driving the industry over the past few years. In addition, use of the product in the food processing industry is likely to complement market growth. Increasing awareness pertaining to employee health and safety, coupled with rising concern regarding skin diseases in the industrial sector, is expected to drive the market over the projected period. Technological innovation, supported by availability of customized designs to cater to specific industry demands, is likely to have a positive impact on demand. Increasing aging population and occurrences of chronic health issues necessitate the presence of reliable and upgraded emergency medical services. Growing demand for outpatient, ambulatory care and EMS in U.S. is expected to steer investments in medical infrastructure over the long term, subsequently driving demand for medical products such as gloves. The demand for rubber gloves is rapidly increasing on account of rapid industrialization and urbanization of our country currently taking place. Several workers in the chemical, electrical and food processing industries use rubber gloves. Similarly, the number of people using gloves for household purposes during handling of detergents, floor polishes, pesticides and the like is also increasing especially in the urban areas. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Accent Industries Ltd. Acknit Industries Ltd. Casil Health Products Ltd. Casil Health Products Ltd. Sri Kannapiran Mills Ltd. London Rubber India Ltd.
Plant capacity: Disposable Surgical Latex Rubber Gloves (Wt. 4± 0.02 gms each) : 40,000 Pairs / DayPlant & machinery: Rs 240 lakhs
Working capital: -T.C.I: Cost of Project : Rs 936 lakhs
Return: 26.00%Break even: 45.00%
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Natural Glycerine

Glycerine (sometimes called ‘‘glycerin’’) is the name of the commercial product consisting of glycerol and a small amount of water. Glycerol is actually trihydric alcohol C2H5 (OH) 3, which is more accurately named 1, 2, 3-propanetriol. Much of the naturally produced (as opposed to synthetic) glycerin is a coproduce of saponification of fats using caustic soda. Glycerine is a trihydric alcohol and, like other alcohols, forms esters, ethers. Amines, aldehydes, and compounds analogous to metallic alcoholates. But, because of its multiple hydroxyl groups, it can be reacted to form an unusually large number of derivatives. One, two or three of these hydroxyls can be replaced with other chemical groups, thus permitting the synthesis of many different derivatives with properties designed for specific applications. Global glycerin market witnessed a decline in demand in recent years, shadowing the slump in macro economy. The crude glycerin market was largely depressed in comparison to refined glycerin, due to the inability to transform crude glycerin into refined products. Nonetheless, the market has bottomed out of the recession and is displaying early signs of recovery. Operations as well as demand in the overall market for oleo chemicals, including glycerin, improved considerably in 2010. However, increasing prices for feedstock is expected to hinder the market in the near term. Setting up of new plants for conversion of glycerin into polyol including ethylene glycol and propylene glycol is forecast to open a wide range of downstream markets for glycerin. The worldwide glycerin market is known for its unpredictable and complex nature as it is produced as a co-product of canola methyl ester production and is marketed in refined or crude form. Production of glycerin is directly affected by demand in several end use segments including pharmaceuticals, food and personal care. Demand drivers for glycerin market include a wide range of existing applications, economical new end-uses, loyal end users who are unwilling to use substitutes, and eco-friendly nature of products. Further, as glycerin turns less expensive than other humectants, it stands to be the preferred choice among oleo chemicals. Increased applications of glycerin in various sectors such as pharmaceuticals, personal care and food & beverages, coupled with lower import duties in the Chinese market is expected to boost demand for glycerin in the Asia-Pacific region. Latin America is projected to register the fastest compounded annual growth rate of 6.75% over the analysis period. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under Godrej Consumer Products Ltd. Godrej Industries Ltd. Golden Agro-Tech Inds. Ltd. Gujarat-Godrej Innovative Chemicals Ltd. [Erstwhile] Micron Chemicals Ltd. Ruchi Soya Inds. Ltd. Raj Agro Mills Ltd.
Plant capacity: Natural Glycerin: 50 MT / Day Crude Fatty Acid-by product: 30 MT / DayPlant & machinery: Rs 415 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1537 lakhs
Return: 30.00%Break even: 55.00%
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Pectin from Citrus, Lemon and Oranges

Pectin is a naturally occurring substance (a polysaccharide) found in all plant tissue, calcium pectin being present between the cell walls and serving as a strengthening or building agent. Fruits naturally possessing relatively large amount of pectin include lemons, bitter oranges, apples, quinces, currants and plums. Pectins are a class of complex polysaccharides found in the cell walls of higher plants, where they function as a hydrating agent and cementing material for the cellulosic network. They are commonly produced during the initial stages of primary cell wall growth and make about one third of the cell wall of dry substances of dicotyledonous and some monocotyledonous plants. The main exceptions are the cell walls of the Germaine family, which may contain pectin of normal structure but in very small amounts. In recent days, pectin has found increased application as an additive to dairy products. Yogurt containing fruit bases has been growing in popularity. Substituting pectin for modified starch as a thickening agent in yogurts will maintain a uniform distribution of fruit throughout the yogurt without masking delicate fruit flavors. Furthermore unlike starches, pectin will not introduce a floury texture to yogurts. If the fruit bases contain 60% sugar, then HMP can be added. If the sugar content is lower than 60%, then ALMP is added. HMP stabilizes casein against a predation, when heated a pH less than 4.3. Thus it is added as a stabilizer in ultrahigh-temperature-treated yogurt drinks and to milks blended with fruit juices. Although the industry for pectin is rapidly growing driven by rising demand for processed and convenience foods, growing preference towards functional foods from various health conscious consumers have also played a key role in the growth of the market. In addition, the industry has been witnessing demand for low-calorie and low-fat food products from consumers resulting in more demand for pectin from food manufacturers. Based on these factors, pectin is considered as an essential food additive due to which the market is liable to increase significantly. The global pectin market has grown at a CAGR of around 6% during 2008-2015. Market for pectin has been witnessing significant growth on account of rising demand for food products from developed as well as developing economies. The industry has been mature in developed regions such Europe, followed by North America. However, the industry for pectin is anticipated to grow rapidly in emerging economies such as China and India owing to change in lifestyle of the individuals as well as changing consumer preferences for convenience foods. Moreover, economic development in China has resulted in increasing purchase power of consumers, leading to increasing demand for high-quality processed foods. Growing health awareness among consumers for functional foods is expected to be one of the major factors driving the demand for pectin over the forecast period. Moreover, multi-functionality of pectin in various dairy and functional foods is expected to broaden their application scope in the food industry, further leading to the growth of the market. However, unavailability of raw materials to pectin as well as fluctuations in the prices of these raw materials is expected to hamper the growth of the market. Cost of raw materials for manufacturing pectin, which includes citrus peel and apple pomade have increased due to risen processing costs and prices of citrus fruits. Pricing and supply of these fruits are significantly affected by the weather conditions with a citrus disease known as “greening” affecting the industry performance. Entrepreneurs who invest in this project will be successful.
Plant capacity: Pectin : 500 Kgs / DayPlant & machinery: Rs 1403 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1869 lakhs
Return: 25.00%Break even: 45.00%
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Dehydrated Onion

Onion is one of the most important commercial vegetable crops grown in India. Both immature and mature bulbs are used as vegetable and condiment. It contains vitamin B and a trace of vitamin C and also traces of iron and calcium. The outstanding characteristic of onion is its pungency, which is due to a volatile oil known as allyl-propyl disulphide. Onions compared with other fresh vegetable are relatively high in food energy, intermediate in protein content and rich in calcium and riboflavin. In the food processing field, dehydration is sometimes described as the removal of 85% or more of water from a food substance, by exposure to thermal energy by various means. Thermal dehydration reduces volume of the product, increases shelf-life, and lowers transportation cost. There is no clearly defined line of demarcation between drying and dehydrating, and latter sometimes being considered as a supplement of drying. Usually, the direct use of solar energy, as in the drying of raisin, layette is not lumped with dehydrating. The term dehydration also is not generally applied to situations where there is a loss of water as the result of evaporation. Dehydrated onions are used chiefly as a constituent in various food products i.e. they are sold to manufacturing concerns as an industrial raw material and demand for dehydrated onions is a function of the demand of these food products. However there is a demand for dehydrated onions for use as culinary onions, both by large catering concerns - institutions and industrial canteens; and for domestic use. The other use of dehydrated onions is in the manufacture of dried soups-once virtually the sole outlet for these products, but now declining in relative importance, as other applications including use in canned soups and stews, baby foods, fish, meat and bakery products and more recently in dried `ready-meals' have been developed. So far as possible both merchants and users were consulted in due course. Since there are relatively few dried soup manufacturers, it was possible to contact a majority of the users in this class. Retail outlets obtain supplies largely from food manufacturers. The different market sectors account for varying proportions of demand for dehydrated onions. Dehydrated onion slices and pieces are sold to all four market sectors. The global market for dehydrated onions registered the revenue worth US$ 950 Mn in 2017, which is likely to reach in excess of US$ 1,500 Mn by the end of 2028.Future Market Insights expects the dehydrated onions market to observe stable growth at a promising CAGR of 4.8% over the 10-year assessment period, 2018-2028. India had exported about 50,000 tonnes in 2016 and the industry is expecting to export about 35,000-40,000 tonnes. India is offering dehydrated onions at $1,650 per tonne while China and Egypt offer it in $2,000 a tonne. On the other hand, the country is having about 20,000 tonnes of dehydrated onion carry-forward stock unsold with the producers. Exports begin in January every year and by June end, the country exports almost 85-90 per cent. In India dehydration of many food products especially vegetables and some fruits are in practices at home and industry level throughout year. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Darshan Foods Pvt. Ltd. Hindustan Foods Ltd. Meghmani Organics Ltd. L M P Gujarat Agro Exports Ltd. Kasaar Innovative Foods Ltd. Jain Irrigation Systems Ltd. S Y P Agro Foods Ltd.
Plant capacity: Dehydrated Onion Sliced/Chopped : 50 MT / Day Cattle Feed as By Product : 35 MT / DayPlant & machinery: Rs 2976 lakhs
Working capital: -T.C.I: Cost of Project : Rs 5116 lakhs
Return: 27.00%Break even: 43.00%
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Banana Powder

Banana is the common name for a type of fruit and also the herbaceous plants of the genus Musa. Banana is amongst the most versatile and most widely eaten fruits in the world today. Bananas come in a variety of sizes and colors when ripe, including yellow, purple, and red. Bananas can be eaten raw though some varieties are generally cooked first. Banana fruit is economically one of the most important fruit produced and consumed in the world. In some parts of the world, banana is called plantain. The soft and sweet fruit of this tropical plant is enjoyed by people from around the world. Fully ripe banana pulp contained 33.6% reducing sugars, 53.2% sucrose, 5.52% protein, 0.68% fat, 0.30% fiber, 2.58% starch and 4.09% ash. Banana has various uses that can be turned into many processed products. In addition to banana exporting, processing banana into different products could mean additional income for banana farmers. Banana powder is a powder made from processed bananas. Banana powder is formed by using banana pulp, which is chopped and then processed with hydraulic shear using a colloid mill, turning it into a paste. The paste is then dried by either spray or drum-drying. Good quality pulp with proper drying produces good quality powder. Spoilage due to microbial and enzyme activity is greatly reduced at the moisture level of 7.0% but caking is easily developed in banana powder during storage if improper packaging materials are used for the purpose due to its high sugar content. Banana powder is a powder made from processed bananas. It is used as a component for production of milk shakes and baby foods. It is also used in the manufacture of various types of cakes and biscuits. Banana powder has been studied to prevent ulcer formation induced by a variety of drugs, including aspirin, indomethacin, phenyl-butanone, Prednisolone, cyst amine and histamine. Banana powder treatment not only strengthens mucosal resistance against ulcer gens but also promotes healing by inducing cellular proliferation. Banana powder also used as natural super disintegrating agent and natural flavoring agent, the banana powder had more disintegration property when compared to synthetic super disintegrates. Banana powder is used as binder in the animal feeds and used additive. Banana powder is also a major source of carbohydrate and calories which makes it more ideal component for infant formula. In terms of value, the global banana powder market is expected to reach a market value of US$ 774.4 Mn by the end of 2027, with an anticipated CAGR of 3.9% over the forecast period. The drivers for the growth of the banana powder market include rising demand for anti-diarrheal in pharmaceutical, rise in production of bakery products using banana powder, increase in use of banana powder for baby food, banana powder is an alternative for gluten free products. India is the 2nd largest producer of fruits in the world. In case of banana, it is the largest producer. The annual world production of fruit is 370 million metric tons. Of which India contributes about 32 million metric tons which accounts for 8% of total fruit production in the world. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Aarkay Food Products Ltd. Canfruit Export India Ltd. Galla Foods Pvt. Ltd. Saish Agro Food (India) Pvt. Ltd Ingredients (India) Pvt. Ltd. Srini Food Park Pvt. Ltd. Vinsari Fruitech Ltd.
Plant capacity: Banana Powder : 1,000 Kgs / DayPlant & machinery: Rs 190 lakhs
Working capital: -T.C.I: Cost of Project: Rs 417 lakhs
Return: 27.00%Break even: 62.00%
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Production of Composite Materials

Production of Composite Materials-Carbon Fiber Composites and Glass Fiber Composites. Manufacturing Business Plan & Investment Opportunity for Entrepreneurs. Composite materials have played an important role throughout human history, from housing early civilizations to enabling future innovations. Composites offer many benefits; the key among them are corrosion resistance, design flexibility, durability, light weight, and strength. Composites have permeated our everyday lives such as products that are used in constructions, medical applications, oil and gas, transportation, sports, aerospace, and many more. Some applications, such as rocket ships, probably would not get off the ground without composite materials. the advantages of Fibre composite materials as well as fundamental effects, product development, and applications of Fibre composites, including material chemistry, designing, manufacturing, properties, and utilization of the materials in various applications. Related Project: - Composite Materials-Carbon Fibre Composites & Glass Fibre Composites Characteristics of Composite Materials High specific strength and modulus, as well as high fatigue strength and fatigue damage tolerance Anisotropic Designable or tailor able materials for both microstructure and properties Production of both material and structure or component in a single Operation - manufacturing flexible, net-shape, complex geometry Corrosion resistance and durable Other unique functional properties - damping, low CTE (coefficient of thermal expansion) Related Projects: - New Projects Why use Composites? Weight saving is one of the main reasons for using composite materials rather than conventional materials for components. While composites are lighter they can also be stronger than other materials, for example, reinforced carbon-Fibre can be up to five times stronger than 1020 grade steel and only one fifth of the weight, making it perfect for structural purposes. Another advantage of using a composite over a conventional type of material is the thermal and chemical resistance as well as the electrical insulation properties. Unlike conventional materials, composites can have multiple properties not often found in a single material. Fibre reinforced composites, such as Fibre reinforced plastic (FRP composites), are finding increasing use in the design and manufacture of final products for commercialization. Related Projects:- Carbon Fiber, Carbon Fiber Composites, Graphite Fibre and Carbon Fiber Reinforced Polymer Projects Uses As with all engineering materials, composites have particular strengths and weaknesses, which should be considered at the specifying stage. Composites are by no means the right material for every job. However, a major driving force behind the development of composites has been that the combination of the reinforcement and the matrix can be changed to meet the required final properties of a component. For example, if the final component needs to be fire-resistant, a fire-retardant matrix can be used in the development stage so that it has this property. Weight Reduction Durability and Maintenance Added Functionality Design Freedom Related Videos:- Carbon Fiber, Carbon Fiber Composites, Graphite Fibre and Carbon Fiber Reinforced Polymer Projects Market Outlook The global composites market size is projected to grow from USD 74.0 billion in 2020 to USD 112.8 billion by 2025, at a CAGR of 8.8%. The composites industry is growing due to the rise in demand for high performance materials, globally. The automotive segment is becoming increasingly obsessive with consumption of carbon fiber and has increased significantly over the past years. The increasing demand for electric vehicles in countries like China and United States is also a major driving factor for the demand for composite material. Asia Pacific had the largest composite material demand and is anticipated to continue dominance owing to favorable FDI policies by Indian and Chinese Governments over the next seven years. Developed regions including North America and Europe are expected to follow Asia Pacific over the next seven years on account of rising lightweight materials used for vehicle components. Nonetheless, lower per capita composite materials consumption in BRIC is expected to provide an impetus for market growth over the forecast period. Favorable government regulations are anticipated to lower entry barriers for new market participants in emerging economies resulting in higher market fragmentation over the next seven years. Increasing demand for lightweight materials in the aerospace and defense industry is expected to drive the demand. Related Project:- Composite Materials-Carbon Fibre Composites & Glass Fibre Composites Composite materials are more expensive than other plastic materials that are utilized in the manufacture of vehicles. This is expected to restrain the automotive composite materials market to some extent in the near future. The basic cost of carbon fiber is way higher than that of metal. Furthermore, the processing of carbon fibers is an expensive process, especially when it comes to mass production of automotive components. However, the development of low-cost manufacturing methods for automotive composites is receiving a lot of attention from leading vehicle manufacturers across the world. These drawbacks of composite materials are expected to hamper the automotive composite materials market. Projects: - Project Reports & Profiles Key players:- Ahlstrom Munksjo Fiber composites India Pvt. Ltd. Chevron Glassfibre Reinforcements Ltd. Cosmos Fibre Glass Ltd. Everlast Composites Pvt. Ltd. Goa Glass Fibre Ltd. Hindoostan Technical Fabrics Ltd. Ineos Styrolution India Ltd. Jushi India Pvt. Ltd. Magnus Composites Synergies Pvt. Ltd. Owens Corning Inds. (India) Pvt. Ltd. Teijin India Pvt. Ltd. U P Twiga Fiberglass Ltd. For More Details, Click Here: - Tags:- #CompositeMaterials #CompositeMaterials #CompositeMaterialsBusiness #CarbonFibreComposite #CarbonFibreCompositeMarket #CarbonFibreCompositeManufacturing #GlassFibreComposites #CompositeMaterialManufacturing #CompositeMaterialProduction #CompositeMaterialIndustry #CompositeMaterialInvestment #CompositeMaterialBook #SatrupCompositeMaterial #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #ProjectReport #NPCS #bussinessplanshub #Startupbusiness4you #StartupBusinessPlan #startupinvestment #startup #bussinessplanshub #Startupbusiness4you #StartupBusinessPlan #startupinvestment #startup #InvestInStartups #StartupIndiaConsultants #Plan4Business #StartupPlan #InvestingCapitalForBusiness #HowToMakeYourBusinessMoreSuccessful #investorbusiness #Startupcapital #BusinessPlanning #TechnologyTrendsForBusiness #StartupIdea #bookoftheday
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Manufacturing of Biodegradable Tableware from Corn Starch (Maize Starch, or Corn Flour).

Manufacturing of Biodegradable Tableware from Corn Starch (Maize Starch, or Corn Flour). Environmentally-Friendly Business Ideas. Biodegradable tableware, as the name suggests, are fully compostable and biodegradable; hence, they are widely used globally in order to reduce plastic waste and greenhouse emissions, such as methane emissions. This type of tableware can be made from sugarcane bagasse, bamboo, paper pulp, and other disposable material. These tableware are superior in strength and are environment friendly. Biodegradable tableware include food containers and tableware such as bowls, plates, cups and meal trays, which decompose within 30 to 60 days after being discarded. Related Projects: - Biodegradable Products, Recyclable, Disposable, Eco-Friendly Plastics, Bioplastics The meaning of biodegradable is straightforward a thing that can separate into natural elements in nature without causing any harm. A biodegradable material can separate rapidly as opposed to taking a long span. It deserts nothing destructive and spares landfill space. Items that can biodegrade in the nature or at home manure loads may not biodegrade at the landfills, where there is insufficiency of microorganisms, water, and light to move on the procedure along. Market Research:- Market Research Report ? Market Outlook Biodegradable tableware is becoming a growing trend and is being used globally in order to reduce plastic waste as well as greenhouse emissions. Biodegradable tableware includes food containers and tableware such as bowls, plates, cups and meal trays that can decompose within months of being discarded. Packaging waste has been observed to be a significant part of municipal solid waste and has caused increasing environmental concern. Current packaging solutions such as oil-based polymers are virtually non-biodegradable. Some packaging solutions are also difficult to recycle or even reuse. However, consumer behavior towards the use of biodegradable cutlery could be a challenge for the market, the cost of biodegradable tableware is very high as compared to conventional cutlery and crockery. Thus, the high cost of biodegradable tableware might hamper the market. The Global Biodegradable Tableware Market was valued at USD 2,754.9 Million in 2018 and is projected to reach USD 4,355.1 Million by 2026, growing at a CAGR of 6.01% from 2019 to 2026. Related Books: - Environmentally Friendly, Eco-Friendly Products, Natural Products, Biodegradable Plastics The global biodegradable tableware market can be segmented based on material, product type, distribution channel, and region. Based on material, the biodegradable tableware market can be classified into paper, bagasse, bamboo, palm leaf, wheat bran, and others (wheat, straw, paper pulp, etc.). In terms of product type, the global biodegradable tableware market can be divided into cups, plates, bowls, silverware, and others (straws and stirrers, flatware, etc.). Based on distribution channel, the market can be bifurcated into online and offline [large format stores, (hypermarkets, supermarkets, departmental stores), specialty stores, small retail stores]. Projects:- Project Reports & Profiles Biodegradable tableware is fully compostable and made from natural materials, such as corn starch, sugarcane pulp, bamboo, fallen paper, rice husk, palm leaves, and recycled paper. Biodegradable tableware products are considered an eco-friendly alternative to traditional disposable tableware products. The major benefits provided by biodegradable tableware products include easy composting, energy-efficient, made from sustainable and renewable base material, non-toxic to health, safe for kids, and reduce water pollution and landfill mass. Related Videos:- Biodegradable Products, Recyclable, Disposable, Eco-Friendly Plastics, Bioplastics, Compostable, Biodegradable Packaging for Food Products The global biodegradable cutlery market is currently experiencing a healthy growth. Biodegradable cutlery refers to compostable tableware that is manufactured using all-natural materials, such as agricultural residues, palm leaves, bamboo, bagasse and cornstarch-based polylactic acid (PLA) plastic. Reusable spoons, knives, forks, straws, stirrers and flatware are the most common variants available in the market. In comparison to plastic- and petroleum-based products, these utensils cause minimal pollution, use lesser energy and produce negligible waste. They release nutrients into the soil upon breakdown, owing to which the utensils can either be stored for future use or converted into compost to improve the quality of farm produce. Related Project: - Corn Starch Based Biodegradable Tableware Top Key Players Included: Biotrem, Georgia-Pacific, DOpla SpA, Huhtamaki, Natural Tableware, Pactiv LLC, PAPSTAR GmbH, SOLIA, Eco-Products, Inc, Al Bayader International, Dart Container Corporation, Reynolds Consumer Products, Dinearth, Yash Pakka Limited, Cosmos Eco Friends, Visfortec, Xiamen Greenday Import & Export Co., Ltd., Pappco Greenware, among other domestic and global players. For More Details, Click Here:- Tags:- #biodegradabletableware #disposableplatesandcutlery #sustainablepackaging #CornStarch #CornStarchMarket #Foodandbeverage #cornstarchmarketreport #ecofriendlyproducts #biodegradableproduct #CPLAandPLA #ecofriendlyproducts #BiodegradableManufacturing #BiodegradablePrject #BiodegradableBook #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #bussinessplanshub #Startupbusiness4you #StartupBusinessPlan #startupinvestment #startup #bussinessplanshub #Startupbusiness4you #StartupBusinessPlan #startupinvestment #startup #InvestInStartups #StartupIndiaConsultants #Plan4Business #StartupPlan #InvestingCapitalForBusiness #HowToMakeYourBusinessMoreSuccessful #investorbusiness #Startupcapital #BusinessPlanning #TechnologyTrendsForBusiness #StartupIdea #bookoftheday #Newbook #NewRelease #Businessbook #InvestmentBook StartupBook #bookoftheday #Newbook #NewRelease #Businessbook #InvestmentBook #StartupBook #TechnologyBooks #booksbooksbooks #book #bookreview #bookblogging #bookstagram #techbooks #TechnicalBooks #ManufacturingBooks #hardcoverbook #booksmarket #marketbooks #marketyourbook #MakeMyBooks #SellBooksOnline #ProductionBooks #InvestmentBooks #BusinessAdviceBooks #littlebookseriesoninvestment #investbooks #bestinvestmentbooks #StratupBusinessBooks #ProjectBooks #ReportBooks
Plant capacity: -Plant & machinery: -
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Return: 1.00%Break even: N/A
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  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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About NIIR PROJECT CONSULTANCY SERVICES

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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Selection of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

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