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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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Waste Oil Recycling Business Plan | Investment Opportunities in Waste Lubricating Oil Recycling Plant

INTRODUCTION Waste lubricating oil recycling plants are installed at garages and used-oil collection centers to recycle waste lubricating oils and turn them into usable products for companies that make up for their losses. These plants extract out reusable products from used or wasted lubricating oils. In many cases, these plants also purify oil to produce commercial grade lubricants that can be sold to manufacturers or wholesalers. The plant is best suited for large scale production of oil and other re-usable commodities. How does the Waste Lubricating Oil Recycling Plant works? The waste lubricating oil recycling plant consists of various units such as a dryer, a centrifuge, and an environmental treatment device. During operation, waste lubricating oil would be input into a certain pre-designated area in factory where it would be dried out by a heat source until it’s completely vaporized from its liquid state. Afterwards, if needed for further processes, it will then be fed to a centrifuge where any solid contaminates are separated out from it before being recycled or disposed of accordingly. Depending on industrial oils, most customers opt for heavily refined versions due to their high quality performance when used during running machinery. This level of refining is done in a vacuum distillation process which often results in very large volumes of waste lube oil that contains no hazardous material whatsoever; these oily wastes can then be reprocessed using an advanced refining process known as hydro-treating. In many cases, only 15% new petroleum is required by these plants to maintain consistent overall energy use, resulting in about 85% reduction over traditional internal combustion engines. Then end product are called base oils Benefits Reducing waste oil disposal costs, saving carbon dioxide emissions, reducing urban air pollution and water contamination. The market potential for waste lubricating oil recycling is large in that more than 80% of industrial lubricants are used in machinery manufacturing and therefore eventually become waste after use. All these factors make waste lubricating oil a huge resource and investment opportunity. The waste lubricating oil recycling plant market is highly lucrative, and is expected to grow at a healthy CAGR. The rise in awareness about environmental pollution due to improper disposal of used oil has compelled end-users of lubricants and machinery manufacturers to adopt proper procedures for used oil management. In addition, it has also increased demand for recycled products that are friendly to environment. Market growth is highly dependent on factors such as rising disposable income, development of infrastructural facilities and diminishing crude oil prices. Waste lubricating oil recycling plant market is also driven by government regulations and incentives related to waste disposal and non-renewable energy generation. However, limited availability of space for installation may hamper industry’s growth over the forecast period. In addition, environmental concerns regarding wastage of lubricants in nature can restrict market share for recycled products.
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Return: 1.00%Break even: N/A
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Manufacturing Business of Zinc Sulphate | Profitable Business Opportunity in Chemical sector

Zinc Sulphate is a combination of zinc and sulphur. It is used in farming as an organic fertilizer, and is also found in various medicines. The manufacturing process involves extracting zinc and sulphur from their ores and then mixing them together. In some cases, aluminum sulfate might be added too. This can help with the binding of chemicals and prevent them from flowing off after application. Zinc is often referred to as spelter or mineral white zinc, while sulfur’s natural form is called brimstone or flowers of sulfur. When combined, they are generally sold under several names including STS (Sulphated Trisodium Sulfate), STP (Sulphated Tetraborate), WSP (water soluble phosphate) or just zinc oxide. Visit this Page for More Information: Start a Business in Chemical Industry Projects Uses of Zinc Sulphate Zinc sulphate solution may be used in the production of zineb (zinc ethylene bisdithiocarbamate). Zineb, and agricultural fungicide, is commonly employed to protect crops such as apples, pears, cabbage, broccoli and ornamentals as well as citrus, stone-fruit, cotton and wheat. Zinc Sulphate is used in agriculture as a weed killer and to give protection against pests. It is used to supply zinc in animal feeds and fertilizers; Zinc Sulphate is also an important constituent of the precipitating bath in the manufacture of viscose rayon and in electrolyte for zinc plating. Zinc Sulphate functions as a mordant in dyeing; as a preservative for skins and leather; and as an astringent and emetic in medicine. Read Similar Articles: Chemical Industry How is zinc Sulphate produced? Producing zinc sulphate are roasting and leaching, flash chlorination, and thermal decomposition. Each method is suitable for a specific range of zinc ores with differing sulfur contents. Roasting and leaching can be used to process an ore with up to 0.5% sulfur while flash chlorination is effective on ores containing 0.25% or more sulfur by weight. Related Feasibility Study Reports: Chemicals,Chemicals Organic, Chemicals Inorganic, Zeolite, Sulphate, Wax, Activated Carbon, Polishing, Compounds, Acids, Starch, Nitrate, Phosphate, Formaldehyde, Biotechnology, Enzymes, Bio Fertilizer, Vermiculture and Vermi Compost Projects Thermal decomposition works best with ores that contain 20% sulfur or more and chlorine content of at least 70%. Flash chlorination produces more zinc oxide than other techniques but it also generates larger quantities of other compounds such as ammonium chloride (NHCl), calcium sulfate (CaSO4), sodium chloride (NaCl), potassium sulfate (K2SO4) and sodium carbonate ((Na2CO3). Thus, in many cases these impurities must be removed before commercial grade product is produced. Related Project: Zinc Sulphate - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost And Revenue, Plant Economics Market Outlook: Global Zinc Sulfate Market is valued to grow at healthy CAGR of 4.2% over in period 2020-2026. Increasing usage as a fertilizer additive in agricultural industry to prevent and correct zinc deficiency in crops, rising demand of applications of raw material for manufacturing latex products and usage as an herbicide for moss control are the key factors driving the market. Zinc sulfate plays a prominent role in treating zinc deficiencies in humans and is used as a fertilizer for agricultural sprays to improve soil nutrient which is expected to play a crucial role in the market development. Read our Book Here: The Complete Technology Book on Chemical Industries The zinc sulphate market in India is expected to reach US$ 40.5 MN by 2026, registering a CAGR of 10.7% during 2020–2026. Increasing demand for fungicides and pesticides in agriculture applications, growing interest of farmers towards using zinc sulphate for crops like rice, wheat, maize and cotton are some of the factors driving growth of zinc sulphate market in India. Watch other Informative Videos: Chemicals (Organic, Inorganic, Industrial) Zinc has antifungal properties against several types of fungi causing different crop diseases such as Botrytis, Alter aria & Phytophthora Leaf Blight. Due to its anti-oxidant properties zinc acts as an effective rust inhibitor on boats, cars & equipment exposed to salt water or high humidity conditions. See More Links: Start a Business in Asia Related Market Research Reports Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects
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Set up an Edible Oil Refinery (Soya and Palm) Business | A Profitable Business Opportunity in Edible Oil Industry

Introduction An edible oil refinery involves refining soybean and palm oils for edible use. Edible vegetable oils are used in a wide variety of applications, from cooking to biofuels, depending on their chemistry. These processes require specialized refinery equipment to process them into finished products that can be used commercially or sold on store shelves. For instance, while soybean oil can be used as a frying medium or blended with ethanol to produce biodiesel fuel, a different process must be applied to turn it into lecithin. Visit this Page for More Information: Edible Oil Industry Palm Oil: The oil palm, Elaeisguineensis, is native to Africa. The commercial values of this crop lies mainly in the oil that can be obtained from the mesocarp of the fruit - palm oil and the kernel of the nut - palm kernel oil. In fact, oil palm is the only fruit that can give these two types of oil. Both are edible oils but with very different chemical composition, physical properties and applications. Palm oil is used mainly for cooking such as cooking oil, margarine and shortening but also has non-food applications such as soap, detergent, and cosmetics. Read Similar Articles: Oils and fats Soybean Oil: Soybean oil is a rich source of essential fatty acids, both linoleic and linolenic acid. These polyunsaturated fatty acids are important key to prevent cardiovascular diseases bylowering serum cholesterol through reducing lipoprotein ( LDL ) synthesis and increasing lipoprotein breakdown, as well as by the effect of linolenic acid. Linolenic acid reduces plaque formation and thrombosis by decreasing platelet aggregation, promoting prostaglandin E3 synthesis. Related Project: Setting a Profitable Business of Edible Oil Refinery (Soya & Palm) How to set up an Edible Oil Refinery You'll need a solid plan and setup to start a business as an edible oil refinery. Palm oil and soya bean sourcing are two essential elements in establishing a refinery. After creating your own refining process, the next step is to purchase equipment and machinery such as a crusher, vacuum system, separator, and so on. Water supply plant, electricity supply plant, office building, canteen, and other items are also vital for the smooth operation of the factory. Read our Books Here: Oils and Fats To acquire the finest results from the refinery equipment, adequate planning is required. For example, it takes a long time to set up machineries correctly, and if a mistake is made, it becomes difficult to continue working, resulting in lost money or machine damage if material becomes lodged somewhere. Because there will be continuous checking and tweaking, the labour will become exhausting. There should be someone in charge of maintenance once or twice a month to ensure that everything runs smoothly until the end of the project's life cycle. Benefits of Edible Oil Refining Soya & Palm Business You will receive refined edible oils, such as soya palm or palm, at a reasonable price. This is a capital-intensive firm with low human requirements, resulting in a high profit margin. As long as you have a modest scale processing plant and get raw materials from a reputable provider, there is no need to invest in equipment and technology. You can earn extra money by selling by-products like glycerol cake and sawdust, for example. Related Feasibility Study Reports: Edible Oils Market Outlook: The global edible oil market is estimated to grow at a CAGR of 3.57% from a market value of USD96.878 billion in 2019 to attain a market value of USD119.571 billion by the end of 2025. The global edible oil market is anticipated to witness a substantial growth owing to increasing popularity of unrefined, unprocessed, healthy, and organic oil. In the coming years, vegetable oils with low cholesterol, fat, and calories are likely to gain high response due to growing health awareness among people across the world. In addition, major improvement in retail network, increasing crop yields, oil production, and growing economies are some of the prominent factors supporting the growth of the global edible oil market. Watch other Informative Videos: • Oils and Fats • Essential Oils, Edible Oils, Phytochemicals, Aromatic Chemicals, Aromatic Compounds, Spice Oils and Oleoresins Projects The global soybean market is expected to register a CAGR of 5.78% during the forecast period (2020-2025). The growing awareness among consumers regarding the advantages of soybean oil, in comparison to other vegetable edible oils, has driven its demand significantly. Palm Oil Market size is estimated to be $81.9 billion in 2019, growing at a CAGR of 6.0% during the forecast period 2020-2025. Growing consumer awareness regarding positive health benefits of palm oil, changing consumption habits of consumers towards nutritional diet and increasing demand for edible oils are driving the market growth in recent years. The edible oil market in India has grown significantly over a period of time. In terms of revenue, it reached US$5.18 billion in 2016 and is expected to grow at a CAGR of 12.9% during 2018-2024. The markets are projected to reach US$7.2 billion by 2024. A large chunk of revenue generated by edible oils industry comes from Soya beans as well as RBD Palmolein/Palm Olein and crude palm oil. There exists significant potential for investors to tap into growing opportunities in Indian edible oil industry. Key Players: • A D M Agro Inds. India Pvt. Ltd. • Adani Wilmar Ltd. • Betul Oil Ltd. • Budge Budge Refineries Ltd. • Bunge India Pvt. Ltd. See More Links: Start a Business in Asia Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects Related Market Research Reports
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Return: 1.00%Break even: N/A
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Start Magnesium Sulphate Production Business | Investment Opportunities for Entrepreneurs

Magnesium Sulphate is an inorganic salt with the formula MgSO4 (H2O) x where 0?x?7. It is often encountered as the heptahydrate sulphate mineral epsomite (MgSO4•7H2O), commonly known as Epsom salt, is a mineral. It works by replacing magnesium in the body and increasing water in the intestines. Magnesium sulphate can be used orally as a laxative to relieve occasional constipation, and to treat low levels of magnesium, the majority was used in agriculture. Not all external uses for magnesium sulphate have been approved by the FDA. Visit this Page for More Information: Chemical Industry Projects Manufacturing Process Magnesium Sulfate is extracted from sea water, where it occurs naturally. The raw materials are dissolved in water and subjected to electrolysis. After that, magnesium hydroxide precipitates and can be heated to crystallize magnesium sulphate which then can be further processed into other forms or used as a solid desiccant or dehydrating agent. Read Similar Articles: Chemical Industry Manufacturers of chemical products depend on chemicals such as magnesium sulphate to carry out numerous reactions for them throughout their business processes. Although there are many uses for chemicals such as these, one of its most common uses is for food production purposes. When foods have been stored too long at high temperatures, they often tend to spoil quickly because they become moist with humidity. Related Project Report: Profitable Business of Magnesium Sulphate Benefits 1. Low investment 2. No skills required 3. Low running cost 4. Immediate income after setting up 5. High profit margin 6. Easy Storage 7. Procurement can be made from farmers 8. Economical as an ingredient for agriculture and horticulture 9. Current market demand is high 10. a lot of export opportunities 11. Can be used in various industries such as horticulture, agriculture, animal husbandry and aquaculture Related Feasibility Study Reports: Chemicals (Organic, Inorganic, Industrial) Projects 12. Relatively cheap supply in India 13. Highly potential business idea 14. Not chemical based business 15. Little or no competition 16. Has strong scope for growth 17. Less capital intensive 18. Quick returns 19. Easy liquidity 20. Simple business set-up 21. Potential expansion 22. Environment friendly product 23. Margin improvement 24. Free from intermediaries 25. Promising revenue generation Read our Books Here: Chemical Technology (Organic, Inorganic, and Industrial), Fine Chemicals Market Outlook: Magnesium Sulfate Market is to reach $1,233.3 million by 2026, after growing at a CAGR of 5.1% during 2021-2026. The growing need to achieve high agricultural yields coupled with the substantial growth of the worldwide agricultural industry is expected to be the main driver of demand growth in the years ahead. Furthermore, increasing use of magnesium sulfate in the personal care & cosmetics sector to formulate a range of important personal care items, including hair products, skincare products, sun-tan products and skin fresheners will create new opportunities for the growth of the global magnesium sulphate industry. Watch other Informative Videos: Chemicals (Organic, Inorganic, Industrial) Key Players: • Agro Phos (India) Ltd. • Aksharchem (India) Ltd. • Arihant Chemicals Inds. Ltd. • Liberty Phosphate Ltd. • Pioneer Magnesia Works Pvt. Ltd. • Sam Industries Ltd. See More Links: Start a Business in Asia Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects Related Market Research Reports
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Return: 1.00%Break even: N/A
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How to Set up Granulated Fertilizers Production Plant | Investment Opportunities in Agriculture Based Industry

Introduction Granulated fertilizers are dry materials that dissolve in water. They’re an alternative to liquid fertilizers, which release nutrients through osmosis over time. Granulated fertilizers usually contain ammonium nitrate (NH4NO3), potassium sulfate (K2SO4), diammonium phosphate (NH4H2PO4) or superphosphate (Ca(H2PO3)2). Visit this Page for More Information: Start a Business in Fertilizer Industry The material is composed of uniform particles that can easily be spread on soil surfaces Granulated fertilizers also help suppress disease pressure by releasing essential elements throughout a crop’s growing season. While farmers typically use granulated fertilizers during spring planting periods, many gardeners use them in fall after harvesting summer crops so they don’t lose precious soil moisture before winter arrives. Related Feasibility Study Reports: Fertilizers, Fertilisers, Inorganic Fertilizers (Mineral Fertilizer), Macronutrients and Micronutrients, NPK, SSP, Single Super Phosphate, Urea, Nitrogen Fertilizer, Nitrogenous Fertilizer, Diammonium Phosphate Projects Uses of Granulated fertilizers The most common use of granulated fertilizers is in agriculture. They are used by farmers as plant nutrients to promote plant growth, and also as an aid for certain pest control strategies. A granular fertilizer is placed around (or sometimes on) a seedling or young tree at planting time and then absorbed through its roots during growth. There are many different types of granular fertilizers for specialized applications such as lawn care. Horticultural grade potassium nitrate, also known as saltpeter, is used as a fumigant that inhibits sprouting and fruiting from seeds, making it useful to prevent weed problems. Related Project: Investment Opportunities In Production Of Granulated Fertilizers Benefits Two major benefits of granular fertilizers include their ability to be transported easily and applied very evenly. These two beneficial features, there are still several other benefits that make fertilizer granules one of your best options for improving your lawn’s health. Granular products do not require any special equipment for application (except spreading with a spreader), it is easier to apply them accurately over the areas where they will have maximum effect on your yard or garden plants. Market Outlook: The global market for granulated fertilizers is expected grow at a Good CAGR between 2018 and 2027. Significant growth in the agriculture sector, along with an increasing requirement for enhancing soil fertility and crop growth, is one of the key factors driving the growth of the market. In line with this, the widespread adoption of organic farming practices as a means of sustainable development to bridge the substantial demand and supply gap of food products is also providing a boost to the market growth. Read our Book Here: Manufacture of Biofertilizer and Organic Farming Additionally, the development of advanced farming techniques and increasing utilization of bio-fertilizers are acting as other major growth-inducing factors. Apart from this, expanding trade activities of crops and produce, especially with developing nations, are also creating a positive impact on the market. The increasing adoption of fertigation techniques across major crops is also fueling demand for granulated fertilizers globally. Watch other Informative Videos: Fertilizers, Biofertilizer, Inorganic Fertilizers (Mineral Fertilizer), NPK, Nitrogen Fertilizer,Nitrogenous Fertilizer, Diammonium Phosphate Projects See More Links: Start a Business in Asia Related Market Research Reports Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects For more Details: https://bit.ly/3tvWnaC
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Waste Oil Recycling Business Plan | Investment Opportunities in Waste Lubricating Oil Recycling Plant

Waste lubricating oil recycling plants are installed at garages and used-oil collection centers to recycle waste lubricating oils and turn them into usable products for companies that make up for their losses. These plants extract out reusable products from used or wasted lubricating oils. In many cases, these plants also purify oil to produce commercial grade lubricants that can be sold to manufacturers or wholesalers. The plant is best suited for large scale production of oil and other re-usable commodities. Read our Book Here: Lubricating Oils, Greases and Petroleum Products Manufacturing Handbook How does the waste lubricating oil recycling plant works? The waste lubricating oil recycling plant consists of various units such as a dryer, a centrifuge, and an environmental treatment device. During operation, waste lubricating oil would be input into a certain pre-designated area in factory where it would be dried out by a heat source until it’s completely vaporized from its liquid state. Afterwards, if needed for further processes, it will then be fed to a centrifuge where any solid contaminates are separated out from it before being recycled or disposed of accordingly. Depending on industrial oils, most customers opt for heavily refined versions due to their high quality performance when used during running machinery. Related Feasibility Study Reports: Petroleum and Petroleum Products, Refining, Greases, Lube Oil, Brake Fluid, Automotive & Industrial Lubricants, Gear Oils, Wax & Wax Products, Paraffin Wax, Polishes, Bitumen, Base Oil, Crude Oil, Fuel Oils, Lubricating Oils, Gear Oils, Kerosene This level of refining is done in a vacuum distillation process which often results in very large volumes of waste lube oil that contains no hazardous material whatsoever; these oily wastes can then be reprocessed using an advanced refining process known as hydro-treating. In many cases, only 15% new petroleum is required by these plants to maintain consistent overall energy use, resulting in about 85% reduction over traditional internal combustion engines. Then end product are called base oils Read our Books Here: Petroleum, Greases, Petrochemicals, Lubricants Benefits Reducing waste oil disposal costs, saving carbon dioxide emissions, reducing urban air pollution and water contamination. The market potential for waste lubricating oil recycling is large in that more than 80% of industrial lubricants are used in machinery manufacturing and therefore eventually become waste after use. All these factors make waste lubricating oil a huge resource and investment opportunity. Watch other Informative Videos: Petroleum and Petroleum Products Market Outlook: India industrial lubricant market is projected to grow to USD 1.91 billion by 2027, on the back of strong growth in construction & mining sectors across the country. Industrial lubricants find application in variety of end user industries therefore, an extensive list of lubricants is available that include hydraulic oil, greases, gear oil, compressor oil, industrial engine oil, metal working fluids and bearing oil. Among these, the hydraulic lubricants and machine lubricants dominate the market due to high demand in industrial and mining applications. Related Project: Investment Opportunities in Waste Lubricating Oil Recycling Plant The waste lubricating oil recycling plant market is highly lucrative, and is expected to grow at a healthy CAGR. The rise in awareness about environmental pollution due to improper disposal of used oil has compelled end-users of lubricants and machinery manufacturers to adopt proper procedures for used oil management. In addition, it has also increased demand for recycled products that are friendly to environment. Watch Video: Petroleum Lubricating Oil and Grease Manufacturing Industry | Lube Oil Blending Plant Market growth is highly dependent on factors such as rising disposable income, development of infrastructural facilities and diminishing crude oil prices. Waste lubricating oil recycling plant market is also driven by government regulations and incentives related to waste disposal and non-renewable energy generation. However, limited availability of space for installation may hamper industry’s growth over the forecast period. In addition, environmental concerns regarding wastage of lubricants in nature can restrict market share for recycled products. See More Links: Start a Business in Asia Related Market Research Reports Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects ???????????????????????????? ???????? NIIR PROJECT CONSULTANCY SERVICES, DELHI An ISO 9001:2015 Company ENTREPRENEUR INDIA 106-E, Kamla Nagar, Opp. Mall ST, New Delhi-110007, India. Email: [email protected] [email protected] Tel: +91-11-23843955, 23845654, 23845886 Mobile: +91-9097075054, 8800733955 Website: https://www.entrepreneurindia.co https://www.niir.org
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Manufacturing Business of IV Fluids (BFS Technology)

Intravenous fluids are fluids administered intravenously (via veins) or directly through the circulatory system to a patient. These fluids must be sterile to protect patients from harm, and there are several options. Many businesses sell pre-packaged intravenous fluids and other items that can be mixed with sterile water to make an intravenous solution. There are two types of intravenous fluids. Crystalloids, such as saline solutions, contain a solution of water-soluble molecules. Colloids are made up of particles that aren't soluble in water and have a high osmotic pressure, which causes fluid to flow into blood arteries. Intravenous fluids can also be used to provide medications in addition to delivering fluids. With the help of an infusion pump, a doctor can dissolve a little amount of medication in a bag of intravenous fluids and infuse the medicated fluid straight into the bloodstream over a long period of time. Fluids are also often utilised to aid in the recovery of individuals who have undergone surgery; people who receive fluids after surgery recover more quickly than those who do not. IV fluids are made up of a range of solutions. The one chosen is determined on the situation. As a simple mode of delivery, several additional chemicals can be added to the IV solution. Antibiotics, pain relievers, and other medications can be mixed into the IV to ensure that the patient receives the medication as soon as possible. Dextrose (also known as D-glucose, Corn Sugar, Starch Sugar, Blood Sugar, and Grape Sugar) is the most abundant sugar in nature. It can be found free (mono saccharine form) or chemically coupled with other sugars. In the Free State, it can be found in high concentrations in honey, fruits, and berries. • Electrolyte metabolism and waste water treatment, particularly in extreme situations. • Acid-base imbalance treatment. • During the postoperative phase, a dextrose solution is utilised to reduce salt extraction. • A dextrose solution with a concentration of 10-15% is used as a diuretic to promote urine flow. • Saline solution is used when a significant amount of salt has been lost due to vomiting, stomach or intestinal duodenal aspiration, or an alimentary fistula. In medicine, intravenous (IV) fluids are used to restore vital nutrients or chemicals that the body cannot produce on its own. IV fluids are also widely utilised in medical conditions where someone has lost a considerable amount of fluid from their body and requires rapid rehydration as well as electrolyte and vitamin replacement, such as accidents or illnesses. If IV fluids are needed to treat a sickness or disease, doctors will examine the patient's condition on a regular basis to ensure that it does not deteriorate and that his or her health recovers quickly and successfully. The global intravenous (IV) solutions market was valued at USD 6.9 billion in 2015, and it is predicted to grow at a 7.8% CAGR over the next five years. The constantly growing geriatric population, as well as the high prevalence of malnutrition among the elderly and children, might be attributed to the growth of this industry. The intravenous (IV) solution market is expected to develop at a compound annual growth rate (CAGR) of 7.69 percent from 2016 to 2022, reaching USD 11,511.2 million. The market is expanding due to the rising prevalence of chronic diseases and the increasing acceptability of vitamin C intravenous treatment therapy for colorectal cancer. Key Players: • Abaris Healthcare Pvt. Ltd. • Ahlcon Parenterals (India) Ltd. • Axa Parenterals Ltd. • Infutec Healthcare Ltd. • Kokad Pharmaceutical Laboratories Ltd. • Parenteral Surgicals Ltd.
Plant capacity: IV Fluids (500 ml Size Pack): 78,000 Packs Per DayPlant & machinery: 576 Lakhs
Working capital: N/AT.C.I: Cost of Project: 1190 Lakhs
Return: 27.00%Break even: 50.00%
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Set up your own Maize Processing Plant with Cogeneration Plant

After wheat and rice, maize is the third most significant cereal/crop, and it offers a wide range of processing options due to its high nutritional content and cost-effectiveness. Maize (sometimes known as corn) is a cereal grass commonly used for food and animal feed. In India, maize is one of the most extensively consumed foods. India produces 21 million tonnes of maize every year, with Karnataka, Andhra Pradesh, and Rajasthan producing the most. India is one of the world's largest maize producers, and the grain can be grown throughout the year in practically any agro-climatic zone within its borders. Maize planting has increased in India in recent years, resulting in its domination as a starch source among processors. Maize is one of the most adaptable crops in development, thriving in a variety of agro-climatic situations. Maize is recognised as the "Queen of Cereals" around the world because it has the highest genetic production potential of all cereals. Starch, oil, protein, alcoholic drinks, food sweeteners, medicines, cosmetics, film, textile, gum, packaging, and paper are just a few of the sectors that use maize as a primary raw material. In commercial food production, a maize processing factory, often known as a corn mill, plays a significant role. Dry maize is ground into corn meal or corn flour at the factory, which is subsequently used to make tortillas, breads, and cereals. The grain can also be fermented and distilled to make ethanol fuel, or it can be processed into syrups to sweeten carbonated beverages. Depending on the type of gear used and the degree of milling that occurs during processing, a maize processing facility can do more than just turn corn into corn flour, cornmeal, or grits. Despite the fact that these are all common applications for maize processing facilities. Almost 57 percent of maize produced in India is utilised to feed poultry and livestock. Thirty-three percent is consumed, 9% is utilised to manufacture starch and related products, and 1% is used as seed. Maize is mostly used to make starch and other industrial products in the United States and Europe. Despite being one of the world's major maize producers, India's value addition in the form of processing lags behind more industrialised countries. A considerable amount of starch is transformed into high-value-added nutritional sweeteners, such as glucose syrup, dextrose, and fructose syrup, in modern countries. The Indian corn starch market is expected to increase at a CAGR of 3.9 percent from 2019 to 2024, reaching $1.37 billion in 2018. Corn's wide range of uses in industries including as food and beverage, medicines, animal feed, textiles, and paper are moving the India Corn Starch market ahead. Textile, paper, and construction sectors, as well as the pharmaceutical industry, are the primary consumers of starches. Although the usage of these derivatives in the food business is slowly increasing, there is still a lot of untapped potential in the maize starch processing industry. North America is the most important market for corn starch in terms of both value and volume. In contrast, the maize starch market in Asia Pacific is expected to develop at the fastest rate in the coming year, at a CAGR of 6.4 percent. Maize starch demand is rising across Asia Pacific, particularly in ASEAN, China, and India, where major corn starch producers have recently made significant investments. Key Players: • Aksharchem (India) Ltd. • Amaravati Agro Ltd. • Cargill India Pvt. Ltd. • Devi Corn Products Ltd. • Gayatri Bioorganics Ltd. • Gujarat Ambuja Exports Ltd.
Plant capacity: Maize Starch: 150 MT Per Day | Liquid Glucose: 20 MT Per Day | Maltodextrin: 18 MT Per Day | Gluten as by Product: 33 MT Per Day | Germ as by Product: 21 MT Per Day | Fiber as by Product: 36 MT Per DayPlant & machinery: 136 Cr
Working capital: N/AT.C.I: Cost of Project: 171 Cr
Return: 21.00%Break even: 32.00%
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Active Pharma Ingredients Metformin and Ciprofloxacin Production Business

Metformin (also known as Glucophage) is an oral diabetes medication that helps the body use insulin more effectively and lower blood sugar levels. Metformin is a diabetes treatment that can be taken alone or with other diabetes drugs. It has no side effects like hypoglycemia or weight gain, which are common with other diabetic treatments. Metformin does not cure diabetes, but it can help you manage your blood sugar and lower your risk of problems if you take it as prescribed by your doctor. Metformin is the first-line treatment for type 2 diabetes, especially in overweight individuals, and is sold under the brand names Glucophage and others. Polycystic ovarian syndrome (PCOS) is also treated with it (PCOS). It's taken orally and hasn't been linked to weight gain. It's sometimes used off-label to aid people who take antipsychotics or phenelzine avoid gaining weight. Metformin is a biguanide, which is a type of antihyperglycemic medication. It works by lowering glucose production in the liver, improving insulin sensitivity in body tissues, and increasing GDF15 secretion to reduce hunger and calorie intake. Metformin is a drug that is used to treat high blood sugar levels caused by type 2 diabetes, sometimes known as sugar diabetes. In this type of diabetes, the pancreas' insulin is unable to carry sugar into the body's cells, where it can operate normally. Metformin can help lower blood sugar and restore the way you use food to make energy when it's too high, either alone or in combination with a type of oral antidiabetic medicine called a sulfonylurea, or insulin. Metformin is a drug that aids in the regulation of blood sugar levels in persons with type 2 diabetes. It's also used as a second-line treatment for infertility caused by polycystic ovarian syndrome. Infections of the urinary tract (not recommended as a first-line antibiotic) Ciprofloxacin is the active ingredient in Ciprofloxacin, an antibiotic. It prevents germs from copying their DNA, which is how it works. It's primarily used to treat infections of the urinary tract, respiratory tract, prostate gland, skin and soft tissue infections, and anthrax because of its broad spectrum of activity against Gram-positive and Gram-negative bacteria, as well as its ability to penetrate bacterial biofilms and stationary phase cells in both aerobic and anaerobic environments. In 1983, Bayer A.G. developed ciprofloxacin, which was approved by the US Food and Drug Administration (FDA) in 1987. The FDA has licenced ciprofloxacin for 12 human and veterinary uses, however it is routinely used for unapproved reasons (off-label). Antibiotics, herbal and natural supplements, and thyroid therapies are among the medications that interact with ciprofloxacin. • Acute uncomplicated cystitis in women • Chronic bacterial prostatitis in men (not recommended as a first-line antibiotic choice) • Respiratory tract infections are less common (not recommended as a first-line antibiotic choice) • Acute sinusitis (not recommended as a first-line antibiotic choice) • Infections of the skin and the tissues that support it • Infections of the bones and joints • Infectious diarrhoea • Salmonella typhi-caused typhoid fever (enteric fever) Metformin hydrochloride API producers are strengthening their manufacturing capacities to lessen their reliance on China as anti-China sentiment grows in India. Due to interruptions in supplies from China as a result of the COVID-19 pandemic, manufacturers have been ramping up domestic production of active medicinal components (APIs). Despite the fact that India is known as the world's pharmacy because to its vast production capabilities in generic pharmaceuticals and vaccines, China is proving to be a tough rival, accounting for half of worldwide API supply. Indian drug companies are seeking to domestic producers to minimise their reliance on China in the metformin hydrochloride API business, as ties between the two countries have improved since a deadly border clash in June 2020. The Indian ciprofloxacin market is likely to grow rapidly over the forecast period. The ciprofloxacin market in India is being driven by the increased prevalence of renal disorders and eye infections, among other things. Ciprofloxacin is a second-generation fluoroquinolone that is used to treat a range of ear infections, including otitis externa, which is expected to drive market growth through FY2026. In addition, the market is expected to grow in the next years as the demand for broad-spectrum antibiotics that can treat a wide range of gram-positive and gram-negative bacteria grows. Key Players: • Aarti Drugs Ltd. • Abhilasha Pharma Pvt. Ltd. • Auro Laboratories Ltd. • Corvine Chemicals & Pharmaceuticals Ltd. • Godavari Drugs Ltd. • Harman Finochem Ltd.
Plant capacity: Metformin: 2,000 Kgs. Per Day | Ciprofloxacin: 1,000 Kgs. Per DayPlant & machinery: 104 Lakhs
Working capital: N/AT.C.I: Cost of Project: 584 Lakhs
Return: 31.00%Break even: 58.00%
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Manufacturing Business of Plastic Optical Lenses

Traditional glass lenses can be replaced by plastic optical lenses. They're constructed of an inert, pliable polymer that allows you to design frames that don't distort your eyesight or disrupt your eye socket's natural shape. Because they're so light, you won't even notice you're wearing them! Optical lenses are light-focusing or diverging optical components that focus or diverge light. Optical lenses are used in a variety of fields, such as life sciences, photography, industry, and defence. The profile or substrate of a lens affects how light flows through it. A lens is a refractory transmissive optical device that alters the focal length of a light beam. A simple lens is made up of a single piece of material, whereas a compound lens is made up of numerous simple lenses (elements) connected by a common axis. Lenses are made of transparent materials that have been ground and polished into the right shape, such as glass. The great majority of lenses are spherical, with two sphere sections on each surface. Convex (bulging outwards from the lens), concave (depressed into the lens), or planar (no bulging outwardly from the lens) surfaces are possible (flat). The lens axis is the line that connects the centres of the spheres that make up the lens surfaces. A magnifying glass is a frame that contains a single convex lens and a handle or stand. Myopia, hyperopia, presbyopia, and astigmatism, among other vision abnormalities, can be treated using lenses. Monoculars, binoculars, telescopes, microscopes, cameras, and projectors are some of the additional applications. When used on the human eye, some of these instruments provide a simulated image; others create a real image that may be captured on photographic film or an optical sensor, or displayed on a screen. The Abbe number refers to a lens's dispersion, which is the property most closely linked to its optical performance of all its properties. Lower Abbe numbers imply chromatic aberration (colour fringes above/below or to the left/right of a high contrast object), which is more common in larger diameter lenses with stronger prescriptions (4D or greater). Lower Abbe numbers are an inherent characteristic of mid and higher index lenses, regardless of the material employed. The Abbe number for a material at a specific refractive index formulation is called the Abbe value. So far, glass lenses have been employed in a wide range of applications. As a result of its brittleness and susceptibility to deterioration, plastic lenses have developed and grown in popularity. Plastic lenses beat glass lenses in terms of UV resistance, durability, and safety for use in sports or other high-intensity activities where the lens is likely to break. Plastic lenses can be coated with a variety of coatings to meet the needs of users. Optical lenses are optical components that concentrate or diverge light. Microscopes, binoculars, camera lenses, and telescopes are examples of optical lenses. Optical lenses are made of many materials, such as glass, polycarbonate, and plastic resins. Because of their multiple advantages and the increasing growth of optics-related industries, resin-based lenses are currently in the limelight. The Internet's widespread use has accelerated the adoption of mobile phones and televisions. As a result, an increasing number of people are experiencing vision issues and needing to utilise plastic lenses. These lenses feature a wide range of practical qualities, such as little distortion, shatter resistance, and strong breaking resistance, which has increased their popularity and demand significantly. Key Players • Appasamy Ocular Devices Pvt. Ltd. • Bausch & Lomb India Pvt. Ltd. • Eagle Optics Pvt. Ltd. • Essilor India Pvt. Ltd. • G K B Hi-Tech Lenses Pvt. Ltd.
Plant capacity: 20,000 Pairs per dayPlant & machinery: 10.27 Cr
Working capital: N/AT.C.I: Cost of Project: 14.73 Cr
Return: 25.00%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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