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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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Set up an Trading Business (Potato Powder, Onion Powder, Capsicum Powder, Ginger Powder and Curcumin Powder)

A core economic concept is the buying and selling of commodities and services, with remuneration paid by a buyer to a seller, or the exchange of goods or services between parties. Trade can take place between producers and consumers within an economy. Governments can use international trade to create new markets for goods and services that would otherwise be unavailable. As a result of overseas trade, the market is more competitive, resulting in reduced pricing for customers at home. Trade marketing is a broader marketing discipline that focuses on generating demand with supply chain partners such as wholesalers, retailers, and distributors, rather than directly with customers. Potatoes are the fourth most extensively produced crop after wheat, rice, and corn. They have the most starch extracted per hectare of grown grain, 6.5 tonnes! Potatoes come in a range of shapes and sizes, but ones with a lot of starch are the finest for this. Because these potatoes are heavy in fibre and take a long time to digest, they're great for avoiding colon cancer. Potato powder is a gluten-free starch powder made from potatoes. All around the world, onions are widely farmed and consumed. Onion powder is made from crushed dehydrated onions that are grown naturally, without the use of chemical pesticides, herbicides, or artificial fertilisers. It has a strong onion flavour and may be used in a wide range of dishes, making it a culinary necessity. Because of its high nutrient content, onion powder has a variety of health advantages, including 10 percent or more of your daily vitamin C, vitamin B6, and manganese requirements. The Capsicum genus of pepper plants includes sweet peppers like bell peppers. Nightshade peppers, like eggplant, potatoes, and tomatoes, are nightshade vegetables. Although this vegetable is native to the Americas, it is produced and used all over the world in international cuisines and as a natural medicine. Capsicums are sweet and tangy, although green varieties are bitterer. Ginger is one of the healthiest spices available, as it is high in nutrients and bioactive compounds that benefit our bodies and minds. Shunthichurna, or dry ginger powder, is a spicy powder prepared from dried ginger roots with a strong flavour. It increases Pitta dosha while balancing Vata and Kaphados doshas. Due to its medicinal properties, Shunthichurna is used in a range of Ayurvedic formulations. Turmeric's greatest physiologically active phytochemical component is curcumin. It has been extracted, concentrated, standardized, and thoroughly researched. Curcumin, the yellow pigment in turmeric, was found around two centuries ago, and its structure as diferuloylmethane was established in 1910. According to significant research undertaken over the last half-century, Curcumin is responsible for the renowned variety of medical advantages traditionally associated with Turmeric. Few Indian Major Players 1. Abans Enterprises Ltd. 2. Chothani Foods Ltd. 3. Mansi International Pvt. Ltd 4. N H C Foods Ltd. 5. Olam Agro India Pvt. Ltd.
Plant capacity: Potato Powder 40 Kgs Per Day Capsicum Powder 40 Kgs Per Day Curcumin Powder 40 Kgs Per Day Ginger Powder 40 Kgs Per Day Onion Powder 40 Kgs Per Day Plant & machinery: 1Lakhs
Working capital: -T.C.I: Cost of Project: 27 Lakhs
Return: 30.00%Break even: 77.00%
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Emerging Business of Sodium Bicarbonate and Acetic Acid

The formula for the chemical compound sodium bicarbonate is NaHCO3. It's a salt with sodium and bicarbonate ions in it. Sodium bicarbonate is a crystalline white powder that is commonly used in baking. It has a salty, alkaline flavour, comparable to washing soda (sodium carbonate). It's also known as baking soda, bread soda, cooking soda, and bicarbonate of soda. Acetic acid, sometimes known as ethanoic acid, is a clear, acidic liquid with the chemical formula CH3COOH (also written as CH3CO2H, C2H4O2, or HC2H3O2). Apart from water, vinegar contains a minimum of 4% acetic acid by volume, making it the most essential component. Acetic acid is the second most basic carboxylic acid (after formic acid). It's a common chemical reagent and industrial chemical used in the production of cellulose acetate for photographic film, polyvinyl acetate for wood glue, and synthetic fibres and fabrics, among other things. The sodium bicarbonate market is predicted to grow at a CAGR of 4.95 percent from US$1.464 billion in 2019 to US$2.053 billion in 2026. Sodium bicarbonate is also known as baking soda or sodium hydrogen carbonate. It has a cooling, somewhat salty flavour and comes in the form of white crystalline powder or granules. It is slightly soluble in water. It's a common ingredient in baking and can also be found in a wide range of detergents and cleaning goods. The market is predicted to gain from increased bakery and detergent usage during the forecast period. An rise in demand for over-the-counter drugs is expected to help the sodium bicarbonate industry. The global acetic acid market was valued at USD 8.92 billion in 2019, with a 5.2 percent compound annual growth rate (CAGR) expected from 2020 to 2027. The market is predicted to develop due to rising demand for the product from Vinyl Acetate Monomer (VAM) firms all over the world. VAM absorbs the vast majority of acetic acid produced worldwide. In a gas phase process, VAM is generated by reacting acetic acid with ethylene and oxygen in the presence of a palladium catalyst. VAM is polymerized to form polyvinyl acetate or other polymers, both of which are important components in the paint industry, and a significant amount of the vinyl acetate monomer produced is used in paint and coatings. Few Indian Major Players 1. Acuro Organics Ltd. 2. D C W Ltd. 3. G H C L Ltd. 4. Godavari Biorefineries Ltd. 5. Gujarat Narmada Valley Fertilizers & Chemicals Ltd. 6. Helm India Pvt. Ltd.
Plant capacity: Sodium Bicarbonate 100.0 MT Per Day Acetic Acid 150.0 MT Per DayPlant & machinery: 7051Lakhs
Working capital: -T.C.I: Cost of Project: 10501 Lakhs
Return: 24.00%Break even: 69.00%
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Opportunities in Business of Carbonated Health Drinks

Carbonated drinks, often known as bubbly drinks, are carbonated beverages that contain dissolved carbon dioxide. The outcome of CO2 dissolving in a liquid is fizz or effervescence. In most cases, high-pressure carbon dioxide is employed in the procedure. The carbon dioxide is released as little bubbles when the pressure on the solution is relieved, causing the solution to become effervescent, or fizzy. A common example is the solubility of carbon dioxide in water, which results in carbonated water. Because carbon dioxide is only weakly soluble in water, it separates as a gas when the pressure is removed. The Food and Drug Administration (FDA) is in charge of ensuring that carbonated soft drinks are safe, hygienic, and accurately labelled. The FDA has defined Current Good Manufacturing Practices (CGMPs) for carbonated soft drinks, which outline the basic processes that producers and distributors must follow to guarantee that carbonated soft drinks are safe. Carbonated water is water that has had carbon dioxide gas pumped into it by manufacturers. The buzz you get from sparkling water is similar to that of a soda, but without the calories and sugar. The majority of carbonated water producers employ natural flavours. The following are some common names for carbonated water: • Sparkling Water • Soda Water • Club Soda • Fizzy Water • Seltzer Water Energy drinks are commonly consumed by adolescents because they claim to improve their performance, endurance, and attentiveness. When it comes to the ingredients in energy drinks and their advantages, the industry might want to reevaluate what customers really need. As a result of increased urbanisation, rising disposable income, and growing health concerns among Indian youth, demand for non-carbonated drinks known as energy drinks has soared. Long and irregular work hours, as well as a growth in the number of social gatherings, are prompting Indian consumers to use energy drinks, which are mostly classified as non-alcoholic caffeinated beverages and sports drinks. As a result of changing consumer habits and growing demand for alcohol mixers, energy drink sales have soared in recent years. Few Indian Major Players 1. Aayush Food & Herbs Ltd. 2. Dabur India Ltd. 3. Herbalife International India Pvt. Ltd. 4. Organic India Pvt. Ltd. 5. Patanjali Ayurved Ltd. 6. Tata Consumer Products Ltd.
Plant capacity: Carbonated Health Drinks Size 250 ml 8,000 Packs Per Day Carbonated Health Drinks Size 330 ml 4,000 Packs Per Day Carbonated Health Drinks Size 500 ml 4,000 Packs Per DayPlant & machinery: 49 Lakhs
Working capital: -T.C.I: Cost of Project: 299 Lakhs
Return: 31.00%Break even: 59.00%
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Manufacturing of uPVC Profiles for Doors and Windows

Unplasticized Polyvinyl Chloride (uPVC) is a one-of-a-kind material that meets all of the requirements. Its widespread use can be ascribed to the excellent combination of properties it offers. uPVC is used in about 80% of the world's windows today, according to the British Plastics Federation (BPF). The uPVC profile is a PVC extrusion that has been treated with additives to make it suitable for use in uPVC windows and doors. Stiffness, lightness, heat and weather resistance, durability, and low manufacturing costs helped uPVC become a huge commercial success. Its versatility and utility, particularly as a window framing material, continue to be praised by builders and architects. UPVC-based products are fire-resistant. This is because they contain more than 70% unplasticized uPVC, which turns to 57 percent chlorine when heated. This helps to the flame retardant's effectiveness. It also has a very high ignition temperature of 400oC, compared to 210oC for wood, and a 50 percent index, compared to 21% for wood. The UPVC window and door market has been increasing at a quicker rate in recent years, with significant growth rates. The global uPVC market was worth USD 43.32 billion in 2018, and is predicted to grow at a CAGR of 6.3 percent to USD 70.47 billion by 2026. Unplasticized PVC (uPVC) is also known as rigid PVC. 1. Scratch-resistant products are available. 1. The life span is infinite when used in normal conditions. 2. They are cost-effective when compared to high-quality wood and aluminium. 3. The goods are resistant to the majority of harsh chemicals, which is especially significant in environments with stringent sanitation requirements. They're ideal because they're easy to clean using strong chemicals. 4. They don't need to be maintained for as long as they're in use. 5. They are generally scratch resistant, and if scratches do occur, they are easily erased by rubbing. 6. The windows were created with the climate in mind. The profiles are made to respond to a wide range of conditions, including extreme heat and cold, as well as heavy rain. uPVC windows can be categorised in a number of ways. Doors are a must-have for anyone who appreciates keeping track of time. These are made up of high-tech rust-proof frames and robust, extruded uPVC profiles, and they're not only gorgeous but also practical. These doors are created to order to meet the specific requirements of the customer. Watertight, termite-proof, fire-resistant, cost-effective, maintenance-free, easy to install, and available in a variety of colours and tints with no need for painting or polishing, uPVC Doors have a lot of advantages over other types of doors.
Plant capacity: uPVC Profiles 2,000 Kgs Per Day Wood Laminated uPVC Profiles 1,570 Kgs Per DayPlant & machinery: 104 Lakhs
Working capital: -T.C.I: Cost of Project: 241 Lakhs
Return: 26.00%Break even: 75.00%
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Start Medical College with Hospital

A medical college is designed to give students with medical education in order to qualify them as doctors in a variety of specialties, allowing them to treat patients suffering from a variety of illnesses. Doctors, with their unwavering determination, serve the entire nation by providing medication and treatment for diseases that steal people of their health and cause them to suffer. A medical school is frequently associated with a hospital. For the seriously ill, seriously injured, seriously burned, pregnant women, and other casualties, hospitals provide O.P.D. and admittance services. According to several definitions, a hospital is a health-care facility that delivers preventive, curative/ameliorative, palliative, or rehabilitative treatments. The WHO, on the other hand, defines it as "an integral aspect of the medical and social organisation whose aim is to offer total health care, both curative and preventative, for the population; and whose outpatient services reach out into the family in its home setting." The hospital also functions as a training and research centre for health professionals. Healthcare has become one of India's most important industries in terms of revenue and jobs. The healthcare sector includes hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance, and medical equipment. As a result of greater coverage, services, and higher spending by both public and private entities, the Indian healthcare system is quickly increasing. The Indian healthcare market is presently worth around US$ 100 billion, with a CAGR of 22.9 percent expected by 2022. The healthcare delivery system includes hospitals, nursing homes, diagnostic centres, and pharmaceuticals. Few Indian Major Players 1. Aakash Educational Services Pvt. Ltd. 2. B P Poddar Hospital & Medical Research Pvt. Ltd. 3. Deepam Hospital Pvt. Ltd. 4. Fortis Malar Hospitals Ltd. 5. Ganga Medical Centre & Hospitals Pvt. Ltd. 6. Incor Hospitals Pvt. Ltd. 7. Indiana Hospital & Heart Institute Ltd. 8. Kovai Medical Center & Hospital Ltd.
Plant capacity: Student Admission Fee 1.39 Units per day Student (Indian) Tution College Fee 1.17 Units per day Student (NRI) Tution College Fee 22 Units per day Student Hostel and Fooding Fee 1 Units per day Hospital Special Ward Patents 80 Units pPlant & machinery: 1804 Lakhs
Working capital: -T.C.I: Cost of Project: 12227 Lakhs
Return: 16.00%Break even: 46.00%
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Profitable Industry of Maize & It's By Products (Starch, Sorbitol, Dextrose, Liquid Glucose & Malto Dextrose)

Maize, usually known as corn, is a cereal grain. In many parts of the world, maize has become a staple grain, outproducing wheat and rice in terms of overall production. However, not all of this maize is ingested directly by humans. A percentage of maize production is used for corn ethanol, animal feed, and other maize products including corn starch and corn syrup. Corn comes in six different varieties: dent corn, flint corn, pod corn, popcorn, flour corn, and sweet corn. Maize Starch contains all of the same properties as native starch, plus a few more, such as non-foaming and non-thinning boiling solution properties. As a result, maize starch has a minimal impact on the weaving and paper sectors' efficiency. The fibre gains increased tensile strength when high viscosity starch is used, which improves sizing. Liquid Glucose (sweetose) is a viscous, clear, colourless solution with the physical properties needed in final products. Strong fermentability, viscosity, humectancy-hygroscopicity, sweetness, colligative properties, and participation in the Maillard reaction are chemical characteristics of liquid glucose. Dextrose equivalence (DE) is a measure of total reducing sugars measured as D-glucose on a dry weight basis. The Lane–Eynon titration, which measures copper sulphate solution reduction, is the accepted method for determining DE. Unhydrolyzed starch has a DE value of zero, whereas anhydrous D-glucose has a DE value of 100. The DE of glucose/corn syrups ranges from 20 to 95. A polysaccharide utilised in the food business is malt dextrin. It comes in the form of a white hygroscopic spray-dried powder manufactured from partly hydrolyzed starch. Malt dextrin is a simple carbohydrate that is easily digested and absorbs as quickly as glucose. It can be somewhat sweet or tasteless. From 2019 to 2024, the Indian corn starch market is predicted to grow at a CAGR of 3.9 percent, reaching $1.37 billion in 2018. The easy availability of corn, as well as its wide range of applications in industries such as food and beverage, pharmaceuticals, animal feed, textiles, and paper, are propelling the India Corn Starch market forward. The food and beverage industry dominated the application section of the India Corn Starch Market. The growing industrialization of India, as well as its massive population growth, has increased the demand for maize starch. It's commonly used in the production of soft drinks and confections. It can also be found in a variety of other procedures. Few Indian Major Players 1. Amaravati Agro Ltd. 2. Cargill India Pvt. Ltd. 3. Devi Corn Products Ltd. 4. Gayatri Bioorganics Ltd. 5. Kasyap Sweetners Ltd. 6. Roquette India Pvt. Ltd. 7. Sahyadri Starch & Inds. Pvt. Ltd.
Plant capacity: Maize Starch 18 MT per day Sorbitol 60 MT per day Liquid Glucose 11.34 MT per day Dextrose Monohydrate 11.34 MT per day Dextrose Anhydrous 5.60 MT per day Gluten 11 MT per day Maltodextrin 5.70 MT per day Germ Plant & machinery: 7522 Lakhs
Working capital: -T.C.I: Cost of Project: 10124 Lakhs
Return: 24.00%Break even: 43.00%
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Growing Business of IV Fluid (FFS Technology)

Intravenous fluids are fluids that are given to a patient intravenously (via the veins) or directly through the circulatory system. These fluids must be sterile to protect patients from harm, and there are several solutions available. Many companies make pre-packaged intravenous fluids and items that can be mixed with sterile water to generate an intravenous solution. Two types of intravenous fluids are available. Crystalloids contain a solution of water-soluble molecules, such as saline solutions. When crystalloids are given, the osmotic pressure is reduced, allowing fluid to flow easily across blood vessels and causing edoema. Colloids are formed composed of particles that aren't soluble in water and produce a high osmotic pressure, which draws fluid into blood vessels. Blood is an example of an intravenous colloid that is routinely used. Dextrose (also known as D-glucose, Corn Sugar, Starch Sugar, Blood Sugar, and Grape Sugar) is the most abundant sugar in nature, and it can be found free (mono saccharine form) or chemically attached to other sugars in various forms. In the Free State, it can be found in high concentrations in honey, fruits, and berries. As a polymer of hydro dextrose units, it can be found in starch, cellulose, and glycogen. Sucrose is a disaccharide made up of dextrose and fructose. Intravenous infusion solutions that are highly customised can be employed in four different ways: • Electrolyte metabolism and waste water treatment, particularly in extreme situations. • Acid-base imbalance treatment. • Volume substitution and replacement in the surgery of a blood-stained accident victim. • Nutritional support for people who are terminally ill or recovering from surgery. • In shocks and haemorrhages, intravenous injections of aqueous isotonic dextrose (5%) are given to expand the circulating blood column and prevent dehydration. When a significant amount of salt loss is required, glucose is given in addition to sodium chloride. With a compound annual growth rate (CAGR) of 7.9% from 2021 to 2028, the worldwide intravenous solutions market is expected to reach USD 18.9 billion by 2028. A rising incidence rate of chronic diseases such as cancer, an increase in the number of premature births, and a shortage of I.V. treatments in the United States are anticipated to boost the market. One of the most prevalent uses for intravenous (IV) fluids is severe dehydration. Symptoms of severe dehydration include diarrhoea, which causes the body's fluids to be depleted. According to the WHO, diarrhoea was the second leading cause of death in children under the age of five in 2017, with over 5,25,000 lives lost per year. Intravenous (IV) fluids can help treat and prevent dehydration and diarrhoea-induced fluid loss, which can lead to death.
Plant capacity: IV Fluids (500 ml Size) 180,000 Bags per day IV Fluids (1000 ml Size) 240,000 Bags per dayPlant & machinery: 10492 Lakhs
Working capital: -T.C.I: Cost of Project: 13361 Lakhs
Return: 27.00%Break even: 37.00%
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Start Profitable Manufacturing Business of Disposable Plastic Syringes | Opportunities for Entrepreneurs to Start Own Business in Medical Disposables.

Doctors had to use and reuse the same syringe on multiple patients until the medical industry advanced dramatically. This is due to the fact that syringes were pricey and scarce. As a result, it was critical for all doctors to properly sanitise the syringe after each use and sharpen it on a regular basis. Despite the fact that most doctors followed the recommendations to the letter, many of them failed to properly disinfect and preserve the syringe. As a result, many diseases began to spread. Disposable syringes are a significant advancement because they are inexpensive and can be discarded after one use by doctors. As a result, the risk of infections spreading is reduced. Disposable syringes contain a plastic body and come in a variety of sizes. They may come with needles connected in some circumstances. A cover is placed to the needle to prevent harm and to keep the needle sanitised at the same time. The most obvious benefits of using a disposable syringe are sterilisation and safety. Patients no longer have to rely on the doctors' sterilising measures for their safety thanks to the introduction of disposable syringes, which are disposed away after one use. As a result, there is no risk of cross-contamination. Another advantage of disposable syringes is their low cost. These disposable syringes are far less expensive than standard syringes and do not require any maintenance. Furthermore, the doctors are not required to sharpen them. As a result, they will be able to focus more on the patients rather than the costly medical institutions. The worldwide syringe market is estimated to reach $15.99 billion by 2021, up from $10.56 billion in 2016, with a CAGR of 8.7% over the forecast period. The market for syringes is growing due to a high prevalence of chronic diseases around the world, a growing elderly population, increased acceptance of safety syringes, technical improvements, and increased demand for vaccines. The high cost of safety syringes and the rising prevalence of needle stick injuries, however, are the market's primary hurdles. For companies involved in the development and manufacturing of syringes, emerging Asia-Pacific regions provide significant growth opportunities. The important factors driving the market expansion of syringes in this area include increasing technological advancements, increasing attention of global companies, fast urbanization, supportive regulatory policies for the approval of new injectable, and rapid growth in the ageing population. The sizes and growth rates of the syringes market and its sub segments were calculated using a combination of bottom-up and top-down methodologies. These syringes are affordable and ready to use in a sterilized state, reducing the risk of contamination and infection dissemination to the patient. These ready-to-use products have also aided in preventing the spread of AIDS among individuals. The market for disposable syringes is primarily driven by rising demand for these items for administering medication intravenously or intramuscularly to cure ailments. Key Players: • Albert David Ltd. • Baxter Pharmaceuticals India Pvt. Ltd. • Becton Dickinson India Pvt. Ltd. • Disposable Medi-Aids Ltd. • Hindustan Syringes & Medical Devices Ltd. • Lifelong Meditech Ltd. • Novo Nordisk India Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Ethanol from Grains

Ethanol Ethanol is a form of alcohol that can be used to power a variety of vehicles, including automobiles, trucks, buses, boats, and motorbikes. Some forms of equipment, such as farm equipment and tiny generators, can also be powered by it. Ethanol is usually generated from sugarcane or maize grain, although it can also be made from grasses or even some types of wood. Production of Ethanol from Grain Ethanol derived from grain production converts agricultural waste items into fuel. This fuel can be used in gasoline or diesel-powered cars, trucks, and other means of transportation. It also burns cleaner than fossil fuels, making it both more environmentally friendly and less expensive to generate than other ethanol sources now accessible. Dry milling, wet milling, and solvent refining are the three ways for producing ethanol from grain. Cleaning the agricultural waste products to eliminate any chemicals or undesired material is the first step in all three of these procedures. Ethanol is one of three types of alcohol that can be produced from grain (the other two are methanol and butanol). Any type of grain, including corn, barley, wheat, and even grasses, can be used to generate ethanol. Ethanol is a renewable energy source since it can be generated from organic materials found in plants. It is made by drying grains and then putting them into a fermenter to be turned into sugar by yeast. Market Size From 2021 to 2030, the global ethanol market is predicted to increase at a CAGR of 5.2 percent, from USD 93.7 billion in 2020 to USD 155.6 billion in 2030. With a market share of 67.3 percent, the grain-based category dominated the global market. The segment's expansion has been aided by the widespread availability of corn and maize, as well as the development of efficient technologies around the world. Dry milling is the most common method for producing grain-based ethanol, and one bushel of maize can provide 2.86 gallons of denatured ethanol.
Plant capacity: 10KL/DayPlant & machinery: 1500 Lakhs
Working capital: N/AT.C.I: -
Return: 1.00%Break even: N/A
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Production of Liquid Hand Soap, Foam & Bath Soap

A soap is a fatty acid-like molecule that has been saltified. A soap molecule consists of a long hydrocarbon chain with a carboxylic acid group on one end that forms an ionic bond with a metal ion, usually sodium or potassium. The ionic end is soluble in water, but the non-polar hydrocarbon end is extremely soluble in non-polar substances. Soaps have the ability to emulsify or disperse water-insoluble pollutants and retain them suspended in water, which allows them to cleanse. Soaps' molecular structure exemplifies this ability. When soap or detergent molecules come into contact with water that contains oil or other water-insoluble substances, they ring the oil droplets. Soap is a fatty acid salt used in a variety of cleaning and lubricating products. Soaps are surfactants that are often used in the home for laundry, bathing, and other household chores. In industrial settings, soaps are used as thickeners, components of some lubricants, and catalyst precursors. Soap dissolves particles and grime, allowing them to be removed from the item being cleaned when used for cleaning. When soap is lathered with a little water, it kills bacteria by disorganizing their membrane lipid bilayer and denaturing their proteins as a surfactant. Oils are also emulsified, making them easier to remove with running water. The global liquid soap market is predicted to grow at a remarkable rate between 2019 and 2028. This rise can be attributed to folks all across the world becoming more mindful of personal cleanliness. Liquid soaps have a low PH. As a result, they are gentle and suitable for all skin types, especially sensitive skin. As a result of all of these factors, the global liquid soap market is witnessing high demand from the general public. Few Indian Major Players 1. AdorMultiproducts Ltd. 2. Cavinkare Pvt. Ltd. 3. EvershineOleochem Ltd. 4. Fresno & Bakersfield India Ltd. 5. Gaillard Cosmetics (Mumbai) Pvt. Ltd. 6. Hindustan Unilever Ltd.
Plant capacity: Bath Soap (1 Kgs Pack 10 Pcs. Each 100 gms Size) 1,000 Kgs Per Day Liquid Hand Soap (Pack 1 Ltr. Plastic Cans) 1,000 Kgs Per Day Foaming Hand Soap (Pack 1 Ltr. Plastic Cans) 1,000 Kgs Per DayPlant & machinery: Rs. 49 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 261 Lakhs
Return: 57.00%Break even: 44.00%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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