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Best Business Opportunities in West Bengal- Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Mineral: Project Opportunities in West Bengal

PROFILE:

A mineral is a naturally occurring solid chemical substance formed through biogeochemical processes, having characteristic chemical composition, highly ordered atomic structure, and specific physical properties. India is one of the world's most naturally endowed lands. India is home to numerous minerals which benefit the country economically. The minerals produced in India constitute one-quarter of the world's most popular mineral resources.

RESOURCES:

West Bengal stands third in the country in terms of mineral production. The state contributes about one-fifth to the total production of minerals in the country. Coal constitutes 99% of the minerals extracted in West Bengal; fireclay, china clay, limestone, copper, iron, wolfram, manganese and dolomite are mined in small quantities. There are good possibilities of obtaining mineral oil and natural gas in the areas near the Bay of Bengal.

West Bengal is the third largest state for coal production, accounting for about half of India's total. Lignite mined in Darjeeling is used to make briquettes. West Bengal ranks next to Bihar and Madhya Pradesh in production of fireclay. China clay used in the pottery, paper, textile, rubber and paint industries are unearthed at Mohammad Bazar in Birbhum and Mejia in Bankura. Limestone which is used in cement industry is mined in Bankura, Purulia, Darjeeling and Jalpaiguri. There are copper mines in Jalpaiguri and Darjeeling. Small quantities of low quality iron-ore are mined in Bardhaman, Purulia, Birbhum and Darjeeling. There are manganese in the Jhargram region of Paschim Medinipur, Purulia and Bardhaman. The state’s production of dolomite comes from the Dooars region of Jalpaiguri.

GOVERNMENT POLICIES:

Keeping pace with the liberalised Mineral Policy being adopted by the Government of India, Government of West Bengal has formulated its Mineral Policy in 2002. Among the basic objectives of the West Bengal Mineral Policy, 2002 following are worth mentioning:

1. To review the existing State monopolies over mineral exploration and wherever required, go in for selective de-reservation.

2. To invite private capital, resources and technology, both foreign and domestic, for better exploration and exploitation;

3. To promote necessary linkages for smooth and uninterrupted development of mineral based industries to meet the needs of the State.

4. To ensure proper vigilance and supervision of mining activities with particular emphasis on simplification of procedures and greater generation of revenues from mineral resources.

5. To develop industry friendly facilities in specific minerals like, Coal, Granite and China Clay and in Natural gas like Coal bed Methane.

 

Iron and Steel: Project Opportunities in West Bengal

PROFILE:

India has one of the richest reserves of all the raw materials required for the industry, namely land, capital, cheap labour, iron ore, power, coal etc. Yet India is 5th in the world ranking for production of steel. Iron and steel is basis for laying the vibrant Indian industry. Production of steel has come to exist as an index of a country's potential, industrial and economic growth. The making of iron and steel had been known to the people of India since long. The iron pillar of Delhi is a proof of it and speaks of the quality of steel produced in this country in ancient times. The steel industry is often considered to be an indicator of economic progress, because of the critical role played by steel in infrastructural and overall economic development. The per capita usage of steel gives an indication of the technological advancement of a nation.

RESOURCES:

The growth of steel industry in the State is largely related to the proximity of raw materials, skilled manpower, port facilities and the vast market for steel products. Given these location advantages, large numbers of mini integrated steel plants have already been set up in the state manufacturing a wide range of products such as sponge irons, mild steels, iron pipes etc. The neighbouring Eastern States of India viz. Jharkhand, Orissa and Chattisgarh are endowed with huge iron ore reserves along with cooking coal and non-cooking coal. The establishment of Bengal Iron Works at Kulti in Burdwan district of West Bengal in 1870 where the first commercial blast furnace was set up in 1875 heralded the commencement of this industry in the State.

The easy availability of power, competitive rates of freight, close proximity to areas with natural resources relevant to the industry, and labour force traditionality skilled in operating iron and steel units are factors that have influenced the surge in investment in this sector.

GOVERNMENT POLICIES:

Under the new industrial policy, iron and steel has been made one of the high priority industries. Price and distribution controls have been removed  as well as foreign direct investment up to 100% (under automatic route) has been permitted.  The Trade Policy has also been liberalized and import and export of iron and steel is freely allowed with no quantitative restrictions on import of iron and steel items. Tariffs on various items of iron and steel have drastically come down since 1991-92 levels and the government is committed to bring them down to the international levels.  With the abolishing of price regulation of iron and steel in 92, the steel prices are market determined. The policy devises a multi-pronged strategy to achieve these targets with following focus areas; removal of supply constraints especially availability  of critical inputs like iron ore; improve cost competitiveness by expanding and strengthening the infrastructure in roads, railways, ports and power; increase exports; meet the additional capital requirements by mobilizing financial resources; promote investments by removing  procedural delays. In addition the policy also addresses challenges arising out of environmental concerns, human resource requirements, R&D, volatile steel prices and the secondary sector. 

 

Leather: Project Opportunities in West Bengal

PROFILE:

Leather Industry occupies a place of prominence in the Indian economy in view of its massive potential for employment, growth and exports. There has been increasing emphasis on its planned development, aimed at optimum utilisation of available raw materials for maximising the returns, particularly from exports.  The Indian leather sector meets 10% of global finished leather requirement. The leather industry is spread in different segments, namely, tanning & finishing, footwear & footwear components, leather garments, leather goods including saddlery & harness, etc.

RESOURCES:

West Bengal has been functioning as a vast raw material resource base for the leather industry in the form of hides and skins. However, Indian leather export has undergone a transition from the export of raw hides and skins in the fifties to value added finished leather in the nineties. In the context, leather processing industries in West Bengal needed a strong structural support and proposal was mooted for setting up an eco-friendly complex near Calcutta with modern technical and training facilities. In this full scale integrated leather complex, facilities for leather-finishing, computer-aided design centres, modern training centre for up gradation are also being provided. This mega complex will also have manufacturing units to produce footwear uppers, finished foot wears, leather goods and garments to catering to the expanding domestic and export markets. The availability of a wide range of cost effective leather chemicals with consistent quality is crucial for the success of such a mega complex. Entrepreneurs can set up manufacturing units in the mega complex for both tanning chemicals and post-tanning chemical auxiliaries.

 

GOVERNMENT POLICIES:

Government policies in support of the industry are:

• The entire leather sector is now de-licensed and de-reserved, paving way for expansion on modern lines with state-of-the art machinery and equipment

• 100% Foreign Direct Investment and Joint Ventures permitted through the automatic route

• 100% repatriation of profit and dividends, if investments made in convertible foreign currency. Only declaration to this effect to the Reserve Bank is required.

• Promotion of industrial parks (one leather park in Andhra Pradesh, one leather goods park in West Bengal, one footwear park in Tamil Nadu and one footwear components park in Chennai).

• Funding support for modernizing manufacturing facilities 

• Funding support for establishing design studios

• Duty free import of raw materials (namely raw skins, hides, semifinished leather and finished leather) and of embellishments and components under specific scheme

• Concessional duty on import of specified machinery for use in leather sector

• Duty neutralization / remission scheme 

 

Petrochemicals: Project Opportunities in West Bengal

PROFILE:

The petrochemical industry in India has been one of the fastest growing industries in the country. Since the beginning, the Indian petrochemical industry has shown an enviable growth rate. This industry also contributes largely to the economy of the country and the growth and development of manufacturing industry as well. It provides the foundation for manufacturing industries like construction, packaging, pharmaceuticals, agriculture, textiles etc.    

RESOURCES:

The state of West Bengal accounts for almost 4% of India’s production of petroleum products and 13% of India’s polymer production. The production has almost doubled in the last decade. Crude throughput at Haldia refinery increased to 5,502 million tones and its capacity utilization increased to 91.7% during 2005-06.

The growth of the Petrochemical sector has been very impressive both in terms of units set up and investment volume. The main reason for the recent growth of this industry is due to upstream and downstream industry linkages by the oil refining and petrochemical units set up in the state. The industry is due to receive a further fillip with the announcement of US$ 1 billion gas pipeline project to bring natural gas in the state. Haldia Petrochemicals Ltd. is India’s second largest integrated petrochemical complex. Currently producing 1.5 million tons of polymers and chemicals and has grown significantly to its present turnover of US$ 1.4 billion.

GOVERNMENT POLICIES:

The major thrust areas of the policy are:

•        Encourage public sector companies & nationalized banks to enter the capital market to raise resources & offer new investment avenues.

•        Invite & encourage private sector investment in these industries in order to accelerate growth.

•        Set up Petroleum, Chemical & Petroleum Investment Regions (PCPIR) in the state to promote investment on a global scale.

•        Foreign Technology investments will be invited in the petrochemical industries.

•        Encourage Foreign Equity participation in the petrochemical industries.

 

Food Processing: Project Opportunities in West Bengal

PROFILE:

Indian food processing industry is widely recognized as a 'sunrise industry' having huge potential for uplifting agricultural economy, creation of large scale processed food manufacturing and food chain facilities, and the resultant generation of employment and export earnings. The food processing sector in India is geared to meet the international standards. Food Safety and Standards Authority of India has the mandate to develop standards and also to harmonise the same with International Standards consistent with food hygiene and food safety requirement and to the conditions of India's food industry.

RESOURCES:

West Bengal is one of the three front running states in India in food and agro processing sector. Fruits, vegetables and cereals grow in abundance in West Bengal. The state accounts for 30% of potatoes, 27% of pineapples, 12% of bananas and 16% of India’s rice production. Additionally fruits like mangoes, papaya, guava and jackfruit and vegetables like tomatoes, cauliflowers, cabbage, brinjal, pumpkin, are available in plenty.

West Bengal is the largest producer of rice, pineapple, vegetables and fruits in the country and second largest producer of potatoes and lychees. It ranks 1st in total meat production (including poultry) in the country and accounts for 10% of the country’s edible oil production. It is a substantial producer of spices, coconut, cashew nut, arecanut, betel vine and oilseeds. West Bengal is also one of the leading states in pisciculture since it the largest producer of fish.

GOVERNMENT POLICIES:

Agro & Food Processing Industries form a very important part of the State’s economy. The West Bengal Government is setting up a number of policies & plans to focus on the selected areas like vegetables, fruits, fisheries, rice, poultry, dairy & floriculture. The major thrust areas of the policy are:

•        Increase agricultural production & productivity vertically through wider adoption of appropriate eco-system-specific & cost effective technology.

•        Bring more area under High Yielding Variety (HYV), hybrid & improved varieties of crops.

•        Emphasize increase production of pulses & oil seeds in non-traditional areas & non-conventional seasons.

•        Create employment opportunities in this sector to improve the socio-economic status of the farmers & also to remove sub-regional disparity.

•        Extending soil-testing facilities up to district level for proper use of fertilizer.

•        Post-harvest technology for reducing loss & better marketability.

•        Bring cultivable waste land & fallow land under cultivation.

•        Application of low cost technology for increasing production & productivity.

•        More money involvement in agriculture.

•        Encourage private entrepreneurship for processing of fruits, vegetables & horticultural items.

•        Promote floriculture parks & flower complexes in the state.

•        Other Business Process, knowledge Process and Engineering Process Outsourcing services

The State Government is encouraging the farmers for mechanization through the use of modern agricultural implements & machines for timely farm operation & reduction in the cost of cultivation.

 

Textiles: Project Opportunities in West Bengal

PROFILES:

The Indian textile industry is one of the largest industries in the world. The textile industry in India is the largest provider of employment after agriculture. This industry is one of the earliest industries of India to come into being; it is presently the second biggest industry in the world after China. Over the years, this industry has proved to be the provider of the basic requirements of the people. The industry holds a vital place in the Indian economy as it makes a contribution of 14 % to the industrial production of the country and at the same time sums up 4% of the total GDP of India. Along with contributing to the Indian economic scenario in terms of employment, involvement in the industrial production, foreign revenues the textile industry of India also contributes to the global textile economy. It contributes to the global textile fibre and yarn production.

RESOURCES:

The textile industry of Kolkata plays a significant role in the economy of the capital city of the state of West Bengal. West Bengal has traditionally been a major producer of cotton textile as well in the country. Jute textile manufacturing is the most prominent industry in West Bengal due to availability of raw jute in the state. At present there are 59 Jute mills in West Bengal. Main jute products are Hessian, sacking, jute bags, and other items produced by jute. Most of the jute mills are located on the banks of river Hooghly near Kolkata. West Bengal is the leader and pioneer in the country for the manufacturing of Jute textiles. Hosiery industry in West Bengal has a huge grow potential as Bengal was the birthplace of hosiery industry in India.

GOVERNMENT POLICIES:

The Ministry of Textiles in India has formulated numerous policies and schemes for the development of the textile industry in India. The government of India has been following a policy of promoting and encouraging the handloom sector through a number of programmes. Most of the schematic interventions of the government of India in the ninth and tenth plan period have been through the state agencies and co-operative societies in the handloom industries. Some of the major acts relating to textile industry include: Central Silk Board Act, 1948, The Textiles Committee Act, 1963, The Handlooms Act, 1985, Cotton Control Order, 1986, The Textile Undertakings Act, 1995 Government of India is earnestly trying to provide all the relevant facilities for the textile industry to utilize its full potential and achieve the target. The textile industry is presently experiencing an average annual growth rate of 9-10% and is expected to grow at a rate of 16% in value, which will eventually reach the target of US $ 115 billion by 2012. The clothing and apparel sector are expected to grow at a rate of 21 %t in value terms.

 

Biotechnology: Project Opportunities in West Bengal

PROFILE

The Indian biotechnology sector is one of the fastest growing knowledge-based sectors in India and is expected to play a key role in shaping India's rapidly developing economy. With numerous comparative advantages in terms of research and development (R&D) facilities, knowledge, skills, and cost effectiveness, the biotechnology industry in India has immense potential to emerge as a global key player. Biopharma and bioservices sectors contributed 63 per cent and 33 per cent, respectively, to the total biotech exports. The bioagriculture, bioindustrials and bioinformatics sectors remained focussed on domestic operations, bringing in nearly 90 per cent of their revenues from India.

RESOURCES

West Bengal has a vast knowledge base with few of the premiers institutes of India located here.          Presence of Kharagpur IIT which over the years have done path breaking research in this sector is a major resource of biotechnology development. It has rich bio diversity, characterized by several species of medicinal & aromatic plants and diverse agro climatic zones. A matrix of 75 deliverable products is ready for commercialization in the agro and medical sector. Increase awareness among people about the adverse side effects of synthetic drags.

GOVERNMENT POLICIES:

The state has been putting efforts to facilitate the growth of biotech industries and development of clean biotech technologies. The various key initiatives under this section include:

•        Conserve bio-diversity through mapping and sustainable use of bio-resources.

•        Create a "Centre of Excellence for Biotechnology" as a high quality support service to Biotech Industries.

•        Facilitate the flow of venture capital funds and bank credit to Biotech companies.

•        Spread general awareness for optimum utilisation of Biotechnology in the agriculture sector.

 

Automobile and auto components: Project Opportunities in West Bengal

PROFILE:

The Indian auto industry has the potential to emerge as one of the largest in the world. Presently, India is second largest two wheeler markets in the world, fourth largest commercial vehicle market in the world. 11th largest passenger car in the world and is expected to be the seventh largest market by 2016. The growth is a reflection of the emergence of India as a global automobile hub with almost all global auto makers having set up plants in India to cater mainly to the domestic market, as also the export market. The Indian auto component industry has kept pace with technological developments and is today catering not only to OEM and Tier I auto makers in India but abroad as well. Many Indian auto part makers have today also succeeded in emerging as the supplier of choice to global auto majors.

RESOURCES:

West Bengal has traditionally been very strong in the engineering industries and has been an important manufacturing base in the past. West Bengal’s Hindustan Motors was one of the pioneers by commencing production of vehicles in the state in the year 1948. Recently it has collaborated with Mitsubishi Company of Japan to diverse into a wide range of cars and manufactures everything related to automobile industry like trekkers, trucks, and also luxury cars like Mitsubishi Lancer and touching a consolidated net sale of US$ 233.47 million in the last fiscal year. West Bengal realizing this huge potential in this sector has geared up with appropriate plans and policies to boost this sector. Also it has got certain inherent competitive advantages since the state is located in the heart of India’s steel and manufacturing cluster.

 

GOVERNMENT POLICIES:

A number of policy initiatives have been taken by the government to facilitate the automotive industry. These include:

•        Permitting 100% FDI in this sector & removal of minimum capital investment norm for fresh entrants.

•        Establishing an international hub for manufacturing small, affordable passenger cars & a centre for manufacturing two-wheelers.

•        Conducting incessant modernization of the industry & facilitate indigenous design, research & development.

•        Leveraging State’s software technology into automotive technology wherever relevant.

•        Encouraging development of vehicles propelled by alternate energy sources.

•        Development of domestic safety & environmental standards at par with the international standards.

•        Emphasis on low emission fuel auto technologies & availability of appropriate auto fuels.

The State is also encouraging dynamic investment in the sector to create an environment for volume production & indigenous capability for small cars & auto parts.

 

Tea: Project Opportunities in West Bengal

PROFILE:

Tea is indigenous to India and is an area where the country can take a lot of pride. This is mainly because of its pre-eminence as a foreign exchange earner and its contributions to the country's GNP. In all aspects of tea production, consumption and export, India has emerged to be the world leader, mainly because it accounts for 31% of global production. It is perhaps the only industry where India has retained its leadership over the last 150 years. Tea production in India has a very interesting history to it. The range of tea offered by India - from the original Orthodox to CTC and Green Tea, from the aroma and flavour of Darjeeling Tea to the strong Assam and Nilgiri Tea- remains unparalleled in the world.

RESOURCES:

West Bengal is the second largest tea growing state in the countryl contributing almost 21% of the total production in the country. There are three tea-growing zones in the state;       Darjeeling,          Terai and Dooars. Darjeeling tea is considered to be the finest in the world. There are 343 tea gardens in West Bengal covering 1,03,950 hectares planted area. Some of the major players in the Tea industry in West Bengal include Tata Tea Ltd, James Finlay & Company. Both of them together are representing world’s second largest global branded tea operations with product and brand presence in over 50 countries. Goodricke Group Ltd. (GGL) a part of the UK-based Cammelia Plc, the world’s single largest tea producer in the private sector. In India it is the third largest tea producer and the leading producer of Darjeeling tea.

GOVERNMENT POLICIES:

The tea industry in India is highly regulated. It requires licenses for its import or export. While The Tea Act, 1953 controls production and distribution activities, the Tea (Marketing) Control Order, 2003 regulates tea sales and stipulates that a defined percentage of tea produced from each garden be sold through the auction system. In addition to this central cess, States also levy sales tax on sale of tea. Profits from production and sale of tea are subject to agricultural income tax by the states. Thus, the residual income after paying corporate tax is taxed again. This tax is levied on profits accruing to gardens located in respective state. 100% foreign direct investment (FDI) in tea industry is permitted subject to compulsory divestment of 26% equity of the company in favour of an Indian partner / Indian public within five years from the date of investment.

 

Tourism: Project Opportunities in West Bengal

PROFILE:

Tourism has become an important industry in many countries of the world, both in the east and the west. Various initiatives are being taken by the Government and other organizations to promote tourism here. Tourism in India is the largest service industry, with a contribution of 6.23% to the national GDP and 8.78% of the total employment in India. India's rich history and its cultural and geographical diversity make its international tourism appeal large and diverse. It presents heritage and cultural tourism along with medical, business and sports tourism. India has one of the largest and fastest growing medical tourism sectors.

RESOURCES:

West Bengal has the widest variety of attractions in terms of tourist spots from the bustling Kolkata Megapolis with its historical and modern charms, to the zones of tranquillity like the Himalayan terrain in the north to the Sunderbans in the south. The state is endowed with all the diversities of nature that is a tourist’s dream. From the arid Chhota Nagpur plateau region in the west, forests in the north and south, mountains in the north, sea beaches in the south and rivers crisscrossing the whole of the state the varied panorama offers the discerning traveller a very wide choice and caters to the requirements of varied travel segments. More specifically, the snow capped peaks of the Himalayas, Darjeeling, referred by many as the Queen of the Hill Stations, the Darjeeling Himalayan Railway declared as a World Heritage Site, the vast tea estates of the Dooars, the famed Royal Bengal Tiger of Sunderbans, the innumerable historical landmarks of India’s and Bengal’s glorious history are all wonders for the prospective tourists.

GOVERNMENT POLICIES:

In order to develop tourism in India in a systematic manner, position it as a major engine of economic growth and to harness its direct and multiplier effects for employment and poverty eradication in an environmentally sustainable manner, the National Tourism Policy was formulated in the year 2002. Broadly, the “Policy” attempts to:-

•        Position tourism as a major engine of economic growth;

•        Harness the direct and multiplier effects of tourism for employment generation, economic development and providing impetus to rural tourism;

•        Focus on domestic tourism as a major driver of tourism growth.

•        Position India as a global brand to take advantage of the burgeoning global travel trade and the vast untapped potential of India as a destination;

•        Acknowledges the critical role of private sector with government working as a pro-active facilitator and catalyst;

•        Create and develop integrated tourism circuits based on India’s unique civilization, heritage, and culture in partnership with States, private sector and other agencies; and

•        Ensure that the tourist to India gets physically invigorated, mentally rejuvenated, culturally enriched, spiritually elevated and “feel India from within”.

 

Waste Management: Project Opportunities in West Bengal

PROFILE:

Waste management is the collection, transport, processing or disposal, managing and monitoring of waste materials. The term usually relates to materials produced by human activity, and the process is generally undertaken to reduce their effect on health, the environment or aesthetics. Waste management is a distinct practice from resource recovery which focuses on delaying the rate of consumption of natural resources. The management of wastes treats all materials as a single class, whether solid, liquid, gaseous or radioactive substances, and tried to reduce the harmful environmental impacts of each through different methods.

RESOURCES:

There are 609 hazardous waste generating units in West Bengal. Amongst the nineteen districts of the state, two districts (Darjeeling and South Dinajpur) do not generate hazardous waste. The total quantum of hazardous waste generation from West Bengal is 2,59,776.24 metric tonnes per annum. (MTPA), out of which 46 per cent (1,20,596.41 MTPA) is landfillable, 49 per cent (1,26,596.38 MTPA) is recyclable and the remaining 5 per cent (12,583.45 MTPA) is incinerable by nature. Interestingly, it was observed that the majority of hazardous waste generating units in the state is small and is generating meagre quantity of waste, whereas the units generating substantial amount of hazardous wastes are limited in number.

 

GOVERNMENT POLICIES:

The Central Government notified the Municipal Solid Wastes (Management & Handling) Rules 2000 under Sections 3, 6 and 25 of the Environment (Protection) Act 1986 for the purpose of managing municipal and urban wastes/garbage in an environmentally sound manner. Government of West Bengal are the nodal agencies for technical guidance and preparation of project report for the development of municipal solid waste management plan for the municipal authorities situated within Kolkata Metropolitan Area (KMA) and Non-KMA areas respectively. National policy on waste management is set out in the October 1998 policy statement on waste management- Changing our Ways. It outlines the Government's policy objectives in relation to waste management, and suggests some key issues and considerations that must be addressed to achieve these objectives. The policy is firmly grounded in an internationally recognised hierarchy of options, namely prevention, minimisation, reuse/recycling, and the environmentally sustainable disposal of waste which cannot be prevented or recovered.

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Start Production Of Potato Chips And Extruded Snack Food (Kurkure Type)

Potato Chips and Extruded Snack Food (Kurkure Type) are popular crunchy potato snacks. Potato chips are thin slices of fried or baked potatoes, whereas snacks are extruded (Kurkure type) or puffed snacks flavoured with spices and sometimes masalas. Many people enjoy Potato Chips and Extruded Snack Food (Kurkure Type). Extruded snacks are available in a variety of flavours, including spicy chilli, chat masala, and tomato. These snacks can also be combined with nuts, dried fruits, and other ingredients to create new and interesting flavours. Both Potato Chips and Extruded Snack Food (Kurkure Type) are convenient and inexpensive snacks that are easy to store and prepare. They make for a great snack for parties and gatherings, and can be easily customized to suit any taste or preference. The Bene?ts of Starting a Potato Chips and Extruded Snack Food (Kurkure Type) Business There are several advantages to starting a business selling Potato Chips and Extruded Snack Food (Kurkure Type). These snacks are in high demand, making them ideal for entrepreneurs looking to capitalise on market demand. First and foremost, Potato Chips and Extruded Snack Food (Kurkure Type) provide consumers with quick and convenient snacks, making them an excellent choice for busy people who need something to eat on the go. Furthermore, these snacks are typically inexpensive, making them an affordable option for those on a tight budget. Finally, because there are so many different flavours to choose from, entrepreneurs can experiment with different recipes to create unique flavours that will appeal to customers. Furthermore, the markets for Potato Chips and Extruded Snack Food (Kurkure Type) are expected to grow rapidly in the coming years. Global Market Outlook In 2022, the global potato chips market was worth USD 33.45 billion. The market is expected to grow at a CAGR of 2.90% from 2023 to 2028, reaching a value of USD 39.71 billion by 2028. Increasing product innovations in taste and flavour as a result of changing consumer preferences toward healthy diet and lifestyle are expected to be major growth drivers for the potato chips market. Over the forecast period, the introduction of healthier alternatives such as low-sodium and low-fat potato chips is expected to drive growth in the global potato chips market. In 2021, the global extruded snacks market was estimated to be worth USD 50.37 billion. The market is expected to grow at a CAGR of 5.57% during the forecast period, from USD 53.20 billion in 2022 to USD 77.72 billion in 2029. Extruded products are gaining popularity among consumers due to their flavourful flavour profiles and unique shapes. Because of consumers' increasing demand for on-the-go products, snacking has become one of the fastest-growing industry trends. During the forecast period, the emerging trend of healthy snacking is expected to bring tremendous opportunities and innovations across the industry. The Asia Pacific market is expected to grow at a significant CAGR due to the region's thriving food processing industry. Rising disposable income levels in developing markets such as India, China, Malaysia, and Indonesia are expected to support market growth. The region's market growth is being fuelled by the region's growing millennial population and their growing interest in innovative flavours. Conclusion There are numerous advantages to starting a business selling Potato Chips and Extruded Snack Food (Kurkure Type). These snacks not only provide convenience and affordability, but they also provide entrepreneurs with the opportunity to create unique flavours and capitalise on the strong growth in these markets. Key Players • General Mills • Kellogg Co • J&J SNACK FOODS CORP • PepsiCo • The Kraft Heinz Company • Nestlé • Prataap Snacks Ltd • Utz Brands • CAMPBELL SOUP COMPANY • Burts Potato Chips Ltd • Herr Foods • Intersnack Group GmbH & Co. KG • Calbee, Great Lakes Potato Chips • The Lorenz Bahlsen Snack-World GmbH & Co KG Germany, • Frito-Lay North America
Plant capacity: Potato Chips: 150,000 Kgs Per Annum, Kurkure Type Snacks: 150,000 Kgs Per AnnumPlant & machinery: 43 Lakhs
Working capital: -T.C.I: Cost of Project: 121 Lakhs
Return: 30.00%Break even: 71.00%
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Manufacturing Business Of Aluminium Ingots From Aluminium Scrap

Aluminium ingots made from aluminium scrap are metal products made from recycled aluminium scrap. The melted recycled material is then poured into moulds to form aluminium ingots. Aluminium ingots have a wide range of applications, but they are most commonly used in the production of parts and products that require high levels of strength and durability. Because of the environmental benefits, the process of recycling aluminium scrap into aluminium ingots has grown in popularity in recent years. By recycling aluminium scrap instead of mining for raw materials, energy costs and waste generated during the process can be reduced. Furthermore, recycling aluminium reduces the demand for new aluminium and prevents unnecessary resource mining. Uses and Applications of Aluminium Ingots from Aluminium Scrap Aerospace, automotive, electrical, and chemical industries all use aluminium ingots. Aluminium is frequently used in the aerospace industry to make components such as wings and fuselage parts. Because of its low weight and high strength, the material is ideal for applications where weight is an issue. Aluminium is widely used in the automotive industry to make car bodies, wheels, bumpers, and other parts. Aluminium ingots are also used in the electrical industry to make wiring, terminals, and switches. Aluminium ingots are widely used in the chemical industry. Aluminium is frequently used in chemical reactions to generate aluminium chloride, sodium hydroxide, and other compounds. Furthermore, aluminium ingots are used in the manufacture of some paints and coatings. Finally, because of its lightweight, corrosion resistance, and durability, aluminium is frequently used in construction projects. It can be used to make window frames, roofing sheets, and other architectural elements. Indian Market Prospects In India, there has been an increase in demand for aluminium ingots from both domestic and international buyers. This is primarily due to the fact that aluminium ingots have several advantages over other forms of aluminium. Aluminium ingots, for example, are easier to transport and store, as well as more durable. They can also be melted down and reused multiple times. Aluminium ingots are regarded as one of the most environmentally friendly forms of aluminium. Furthermore, with increased environmental awareness, it is expected that more people will begin using recycled products such as aluminium ingots in the future. As a result, the Indian aluminium ingot market is expected to remain robust for the foreseeable future. Global Market Prospects From 2022 to 2030, the global aluminium ingots market is expected to grow at an 8% CAGR. The global market's major application areas were automotive, aerospace and defence, and shipping. The automotive industry accounted for more than half of total revenue. The segment is expected to grow significantly due to increased demand for vehicles made of lightweight materials such as aluminium. The growing importance of fuel efficiency and vehicle weight reduction has resulted in increased use of aluminium alloys in automobile manufacturing, which is expected to propel industry growth over the forecast period. Factors of Growth: • Increasing demand in the automotive and construction industries. • More aluminium is being used in lightweight vehicles and aircraft. • Rising consumption in developing countries as industrialization and urbanisation accelerate. • Technological advancements have resulted in the creation of new alloys and products derived from aluminium ingots. • The recycling of aluminium scrap is becoming increasingly popular. Conclusion Aluminium ingots made from scrap aluminium are a thriving business that offers a cost-effective, environmentally friendly alternative to purchasing aluminium in its raw form. The process of producing aluminium ingots from aluminium scrap is relatively simple and requires little energy. To capitalise on this expanding industry, it is critical to understand the advantages of using aluminium ingots. Key Players • AlcoaInc • Rio Tinto Group • Aluminum Corporation of China • United Company RUSAL • Norsk Hydro • Dubai Aluminium Company • SPIC • BHP Billiton • Xinfa Group • Bahrain • China Zhongwang
Plant capacity: Aluminium Alloy Ingots: 6,000 MT per Annum, Aluminium Scrap: 99 MT per AnnumPlant & machinery: 5 Cr
Working capital: -T.C.I: Cost of Project: 11 Cr
Return: 28.00%Break even: 54.00%
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Latex Mattress Manufacturing Business

Natural or synthetic latex is used to make latex mattresses. Natural latex is made from the sap of rubber trees, whereas synthetic latex is made from a mixture of petroleum and other ingredients. Latex mattresses are known for their long-lasting construction and ability to support the body's pressure points, making them an excellent choice for those looking for a comfortable sleeping surface that will last. Latex mattresses are superior in terms of breathability because they have millions of tiny holes that allow air to flow through the mattress and keep it cool. They are also antimicrobial and resistant to dust mites and other allergens, making them a popular choice for people who suffer from allergies or asthma. The latex mattress business is unique in that it does not necessitate the use of expensive machinery or manufacturing equipment. This enables entrepreneurs to launch their businesses with little or no capital. Latex mattresses are also much more durable than innerspring mattresses, which means customers won't have to replace them as frequently. This means that entrepreneurs can benefit from long-term revenue from customers who return for replacements or upgrades. Latex Mattress Applications and Uses Latex mattresses can be used for a variety of purposes. They are popular among people who suffer from allergies or asthma because the hypoallergenic nature of the material aids in the reduction of allergens in the home. Latex mattresses are also very comfortable and supportive, making them an excellent choice for people looking for a good night's sleep. They are suitable for a variety of bed sizes and styles, such as traditional coil-spring mattresses, hybrid mattresses, and foam mattresses. Latex is popular for use in furniture and upholstery, in addition to mattresses. It's an excellent choice for sofas and chairs because it's both comfortable and long-lasting. Latex is also hypoallergenic, making it an excellent choice for people who suffer from allergies or asthma. It's also fire resistant, making it an excellent choice for furniture in homes or businesses that need fire protection. Finally, latex mattresses are frequently used in the medical industry. Latex mattresses are commonly used in hospital beds because they provide superior support and comfort while also allowing for easy cleaning and sanitization. Global Market Outlook The global latex mattress market is expected to reach US$ 20 billion by 2032, expanding at a CAGR of 7% between 2022 and 2032. Due to the natural elasticity of this material, latex mattresses have been shown to be extremely comfortable. It aids in pain relief and is recommended by osteopaths, therapists, and chiropractors for people suffering from back pain. Because of the comfort and cushioning properties of the mattress, it can also promote natural spine alignment and provide quality sleep. From 2019 to 2025, the Asia Pacific market is expected to grow at the fastest CAGR of 7.4%. Increased infrastructure activity has boosted the hospitality sector in this region, particularly hotels and resorts. As a result of rapid urbanisation and rising population, the region has seen an increase in spending on luxury lifestyle products such as bedroom furnishings, which is expected to boost market growth. The rise in demand for premium products, as well as the increasing availability of mattresses online, will influence the growth of the latex mattress market in the near future. Conclusion Because latex mattresses are new to the market, entrepreneurs can gain a competitive advantage over established mattress companies. Entrepreneurs can attract new customers by offering a unique product in an already crowded marketplace. Entrepreneurs can quickly establish themselves in the latex mattress business and begin to reap the benefits with a solid business plan and the right resources. Key Players • Spring Air International, • Jinbaoma Furniture Manufacturer, • Latexco, Avocado Mattress, LLC, • Plush Beds, • Brooklyn Bedding, • Jiangsu Sleeptight Household Technology Co., Ltd., • Foshan Aussie Hcl Furniture Co., Ltd., • Foshan Golden Furniture Co., Ltd., • Snoozer Bedding Limited, • Saatva, Inc., and • Kaneman Furniture
Plant capacity: Latex Mattress Size: 38" x 75" (33Kg): 9,091 Nos. Per AnnumPlant & machinery: 77 Lakhs
Working capital: -T.C.I: Cost of Project: 195 Lakhs
Return: 31.00%Break even: 75.00%
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Manufacturing Business Of Cashew Nut Processing

Cashew nut processing is the process of converting raw cashew nuts into consumable products such as roasted and salted cashews. Sorting, shelling, roasting, and packing are all steps in the process. This type of processing is essential in the food production chain because it ensures that the finished product is safe to eat and of the highest quality. The selection of raw cashew nuts is the first step in the process. The nuts are then shelled mechanically to remove the shells. The cashew kernels are cleaned, sorted, and graded after the shells have been removed. The kernels are then roasted to give them a distinct flavour. Finally, the roasted kernels are salted or flavoured before being packaged and sealed for sale. Opportunity for Cashew Nut Processing Startups For entrepreneurs and startups, the cashew nut processing industry offers a variety of business opportunities. The cashew nut industry has expanded rapidly in recent years due to rising global demand. Harvesting, cleaning, sorting, shelling, grading, and packaging raw cashew nuts are all part of the cashew nut processing process. It also includes cashew nut roasting, grinding, and salting to make cashew butter and other products. Startups can participate at any point in the process, from harvesting and cleaning to sorting, packaging, and selling. A variety of smaller opportunities are also available, such as product development, marketing, and distribution. For those looking to start their own business in the cashew nut processing industry, there is a wide range of potential opportunities. From setting up a small-scale farm or processor to opening a large-scale commercial processing facility, there are plenty of options to explore. Indian Market Outlook During the forecast period, the India processed cashew market is expected to grow at a CAGR of 9.33%. (2020-2025). Plain/salted cashews can be consumed in a variety of ways in the home through food/beverage applications, which is driving the market for plain/salted cashews across the country. One of the key factors driving the market is the increased use of plain cashew in Indian cuisine, particularly in desserts. The processed cashew industry in India has enormous growth potential and can provide entrepreneurs with a lucrative business opportunity. Startups in this industry can carve out a niche for themselves and make a name for themselves in the market with the right strategy and resources. India accounts for roughly 30% of global production and more than 60% of global cashew nut exports. The Indian government has launched a number of initiatives aimed at boosting the processed cashew industry. Global Market Outlook The global processed cashew market is expected to grow at a compound annual growth rate (CAGR) of 5.8% from 2022 to 2032. Cashew nuts are in high demand as ingredients for a wide range of food products and recipes, with India, Vietnam, Nigeria, Brazil, and Thailand producing the most. The cashew nut processing industry is primarily driven by rising consumption of snacks, bakery items, chocolates, and other confectionery products. The growing popularity of vegan and vegetarian diets is also driving up demand for cashew nuts as a protein substitute. Furthermore, the growing popularity of convenience snacks is increasing demand for cashew nut-based products. In terms of markets, North America and Europe are two of the most important for cashew nut products. In these regions, India and Vietnam are also significant exporters of processed cashew nuts. Furthermore, China, South Korea, Japan, Indonesia, and Malaysia are significant importers of cashew nut products from various countries. Overall, the cashew nut processing industry's global market outlook appears promising. With rising demand and a more health-conscious population, the industry is expected to grow steadily in the coming years. Conclusion Cashew nut processing is a profitable and sustainable industry, with a growing global demand for the nut. Starting a cashew nut processing business can be a rewarding endeavour if you have the right knowledge and resources. The industry provides a variety of benefits, including the ability to provide jobs in local communities, increase farmer income, and reduce waste through efficient processing. Furthermore, it provides an opportunity to expand into new markets and develop new products. Consider the potential of cashew nut processing if you are looking to start a new business or diversify your existing operations. Key Players • Shivam Cashew Industry • Grau Nuts • Mineral & General Co. Ltd. • Beyond • Favourite Cashews • Petrow Food Group • BoYo • Proventus Agrocom Group • Sweet & Delicious nut co.
Plant capacity: Cashew Nut Processing: 4,794 Kgs Per DayPlant & machinery: 6 Cr
Working capital: -T.C.I: Cost of Project: 11 Cr
Return: 23.00%Break even: 76.00%
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Setup Plant Of Carbon Black N990

Carbon Black N990 is a highly versatile and long-lasting carbon black that has been specially formulated to meet the requirements of industrial and commercial applications. It's a black powder made from highly purified coal and other ingredients like petroleum oils, sulphur, and clay. It's used in a wide range of products, from rubber and plastics to paints and coatings. It can also be used in a variety of manufacturing processes, including the production of carbon fibre, catalysts, rubber additives, and even automobile tyres. Carbon Black N990 is a high-performance material with excellent mechanical properties and numerous applications. It is also resistant to UV rays and chemical reactions, making it an excellent long-term choice. Applications and Usages Carbon Black N990 is a fine black powder that is used in a variety of industrial applications. It is formed through the thermal decomposition of hydrocarbons and is primarily composed of amorphous carbon. Carbon Black N990 has a number of distinct properties that make it suitable for a wide range of uses and applications. Rubber manufacturing is one of the most common applications for Carbon Black N990. The powder can be mixed into rubber compounds to improve their strength and durability. Carbon Black N990 is thus ideal for use in tyres, conveyor belts, and other products that require strength and resistance to wear. Carbon Black N990's high temperature stability makes it an excellent choice for use as a protective coating or in other high-temperature applications. Because of its high carbon content, it is resistant to oxidation, making it an excellent choice for protective coatings or when exposed to high temperatures. Carbon Black N990's high absorption capacity makes it suitable for use in printing inks and paints. Because the powder absorbs a large amount of colourants, it is ideal for printing on textiles, paper, and other surfaces. It also adheres well to many surfaces, making it an excellent choice for applications where paint must adhere to a substrate. Carbon Black N990 is an appealing option for many businesses due to its low cost and easy availability. Because of its low toxicity, it is suitable for use in the majority of applications without the need for costly safety precautions. This makes it an appealing option for entrepreneurs interested in starting a business with this material. Global Market Outlook The global carbon black market is estimated to be worth USD 18.2 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 6.1% between 2020 and 2025. Carbon black is created through the incomplete combustion of various petroleum-based constituents. Carbon black is used in a variety of end-use applications, including consumer goods, automobiles, appliances, electronics, and others. The refurbishment trend has increased demand for high-performance coatings in the automotive industry as well as other industries such as marine, aerospace, and industrial. The market dynamics are heavily influenced by the use of rubber, electronic discharge compounds, and inks, as well as several regulations governing manufacturing technologies and raw materials. The regulatory laws enacted by major North American and European government bodies also have an impact on the market. Because of rising demand for tyres and rubber, transportation is expected to be the industry's dominant segment over the next seven years. North America is expected to see significant demand during the forecast period due to increased tyre, rubber, and high-performance coatings demand from end-use industries. Conclusion Entrepreneurs should consider starting a business that uses Carbon Black N990. This material not only outperforms in many applications, but it also provides a number of advantages to entrepreneurs. Carbon Black N990 is the ideal material for starting your own business due to its low cost, durability, and strength. With its growing popularity, Carbon Black N990 can be an excellent foundation for your new business. If you're looking for a new venture, the Carbon Black N990 industry is a great place to start. With so many advantages and opportunities for success, it's no surprise that entrepreneurs are choosing to launch their own Carbon Black N990 businesses. Key Players • Cabot Corporation • Birla Carbon • Orion (Evonik) • BLACKCAT • CSRC • TOKAI • PCBL • Sid Richardson • LongXing • Omsk • Mitsubishi • Akzonobel • Lion • Baohua • Liaobin • JINNENG
Plant capacity: Carbon Black (N990): 8,000 MT Per AnnumPlant & machinery: 49 Cr
Working capital: -T.C.I: Cost of Project: 62 Cr
Return: 18.00%Break even: 63.00%
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A Business Plan For Zeolite 4a (Detergent Grade)

Zeolite 4A is a mineral that is commonly used in detergents and other cleaning products. It is an aluminosilicate material with a high capacity for cation exchange. It functions as an absorbent, trapping and binding molecules like metals and other cations. Dirt, stains, odours, and other impurities can be removed from fabrics, surfaces, and even water using Zeolite 4A. It has also been shown to reduce the need for bleaching and to replace some of the chemical ingredients found in detergents. Zeolite 4A is a cost-effective and non-hazardous alternative to harsh chemicals, making it an excellent choice for cleaning products. Applications of Zeolite 4A Zeolite 4A is a detergent grade zeolite that is found in laundry detergents, cleaning products, and other household cleaners. Zeolite 4A reduces the amount of soap required to clean clothes and other items while also improving overall cleaning performance. The zeolite also helps to keep colours from fading and soap scum from forming. In addition to its use in detergents, Zeolite 4A has a variety of other applications, including: • Filtration - Zeolite 4A can be used to remove impurities and pollutants from water filtration systems. • Soil amendment - Zeolite 4A can be used to improve soil fertility and water retention in gardening and agricultural applications. • Animal feed - Zeolite 4A can be used as an animal feed supplement to improve livestock digestion and health. • Industrial applications - Zeolite 4A can be used in a variety of industrial applications, including catalysis, oil refining, and air filtration. These are just a few of the numerous applications for Zeolite 4A that have been discovered over the years. It is truly an amazing material with numerous applications and benefits. Benefit OF Start-Up A Zeolite 4a (Detergent Grade) Business Starting a Zeolite 4a (Detergent Grade) business can be highly beneficial, both financially and from an environmental perspective. Zeolite 4a is a versatile and cost-effective absorbent material with a wide range of applications. It is used as a soil conditioner, fertilizer, water filter, detergent additive, and many other uses. Zeolite 4a has a high cation exchange capacity which makes it an ideal adsorbent for both organic and inorganic molecules. As such, it can be used to remove contaminants from drinking water, wastewater, and other liquids. It is also useful in agriculture, where it can be used to increase soil fertility and improve crop yield. The demand for Zeolite 4a is on the rise in many countries around the world, making it a lucrative opportunity for entrepreneurs looking to get into the business. Global Market Outlook During the forecast period 2020-2027, the global zeolite market is expected to grow at an 8.5% CAGR. This expansion is primarily due to increased industrialization and rising environmental concerns about wastewater treatment. The rise in demand for natural, non-toxic products has also contributed to the growth of the zeolite market. Furthermore, the expansion of end-use industries such as detergents, automotive, and petrochemical has increased demand for zeolites. Asia Pacific has the largest share of the global market and is expected to grow rapidly over the forecast period. Increased industrialization and rapid population growth in countries such as China and India can be attributed to this. Furthermore, significant investments in zeolite-based product research and development have been seen in this region. Furthermore, the availability of cheap labour has made Asia Pacific an appealing destination for zeolites manufacturers. Because of its emphasis on improving environmental standards and increased spending on wastewater treatment, Europe is another major market for zeolites. Furthermore, the rising demand for detergents and other cleaning products has fueled the growth of the zeolite market in this region. North America's demand for zeolites is also increasing due to stringent environmental regulations that favour their use over chemical agents. Furthermore, rising demand from the oil and gas industry is expected to propel the zeolite market in this region forward. Conclusion Zeolites are a distinct and versatile group of minerals with numerous applications ranging from detergent and water softening to industrial applications. Zeolite 4A is a type of zeolite that is used in detergent grade because it has improved cleaning properties and other advantages. Starting a Zeolite 4A (Detergent Grade) business can be an excellent opportunity for entrepreneurs looking to enter this industry. Key Players • BASF SE (Germany) • Interra Global (US) • KNT Group (UK) • Anhui Mingmei MinChem Co., Ltd. (China) • Dalian Haixin Chemical Industrial (China) • SILKEM d.o.o. (Slovenia) • Anten Chemical Co.,Ltd (China) • Dinesh Chandra Enterprises Pvt Ltd (India) • National Aluminium Company Limited (India) • Zeolites And Allied Products Private Limited (India)
Plant capacity: Zeolite 4a (Detergent Grade): 3,000 MT Per AnnumPlant & machinery: 154 Lakhs
Working capital: -T.C.I: Cost of Project: 688 Lakhs
Return: 27.00%Break even: 55.00%
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Manufacturing Business Of Particle Board from Rice Husk

Particle board, also known as chipboard, is a wood-based material made up of wood particles and fibres that are resin-bound and compressed into a sheet. It is a low-cost building material that is commonly used in furniture, shelving, flooring, and wall panelling. Particle board from rice husk is a type of particle board made from rice husk waste. Because of its environmentally friendly manufacturing process and durable, lightweight structure, this type of particle board has grown in popularity. Rice husk is a by-product of rice processing that consists primarily of rice grain hulls. Rice is one of the world's most widely grown crops, so it is a plentiful and renewable source of material. The husk is ground and compressed into a flat sheet to make rice husk particle board. The particles are then mixed with a resin binder before being pressed together at high temperatures and cured to form a solid, long-lasting panel. The advantages of using rice husk particle board include its lightweight structure, environmentally friendly manufacturing process, and cost-effectiveness when compared to other wood-based materials. Furthermore, rice husk particle board is resistant to moisture, making it suitable for use in damp environments. It is also extremely tough and can withstand more impacts than other types of wood-based boards. Applications and Usages Particle board made from rice husk is an environmentally friendly product that is used in a variety of industries and applications. It is a composite material made from by-products of processed rice husks that has a wide range of applications, including furniture and interior decorating as well as construction and insulation materials. Rice husk particle board can be used to make furniture, cabinets, doors, and other wood products. Particle board of this type can also be used as a lightweight core material for upholstered furniture, panels, and partitions. Furthermore, this particle board can be used as acoustic insulation in walls and ceilings, improving soundproofing and thermal insulation. Because of its lightweight and durable properties, particle board made from rice husk is also commonly used in the automotive industry. It's also used in marine and industrial settings. This particle board is commonly used in boats, trucks, buses, trailers, vans, and recreational vehicles. It is also used in a variety of construction projects, including roofs, walls, flooring, and insulation. Benefit of Starting This Business Particle board made from rice husk is an excellent choice for companies looking to produce high-quality, environmentally friendly building materials. The product has several advantages over traditional building materials like wood or plastic, such as being lighter and less expensive. Furthermore, it is extremely durable and resistant to pests and moisture, making it an excellent choice for construction projects. When compared to other materials, it also produces very little waste, making it an environmentally friendly choice. Particle board made from rice husk has enormous commercial potential because it can be used in a wide range of industries and applications. It is useful for making furniture, walls, roofs, cabinets, floors, and other structures. It can also be used as a decorative panelling material or as insulation. Particle board made from rice husk is quickly becoming one of the most sought-after building materials on the market due to its durability, low cost, and eco-friendliness. This makes it an excellent choice for companies looking to capitalise on this growing trend. It not only provides a great opportunity for profit, but it also assists businesses in reducing their environmental impact and contributing to a greener future. Indian Market Outlook Particle board made from rice husk is becoming increasingly popular in India due to its low cost, light weight, strength, water resistance, and durability. Because of its superior quality and low cost, it has become a preferred material for use in the construction industry. Furthermore, because it is a less expensive alternative to wood, it is widely used in the furniture industry. This thriving industry has created a fantastic opportunity for Indian entrepreneurs to enter the market. It is simple to set up and requires little capital. With increased environmental awareness, there is great potential for growth in the coming years. The Indian government has also supported this industry by providing subsidies and tax breaks to companies involved in its production. With all of these benefits and the growing demand for environmentally friendly products, this business is an excellent choice for those looking to invest in the future. Global Market Outlook Because of its numerous advantages, particle board made from rice husk is quickly gaining traction around the world. This market is expected to grow at an 8.2% CAGR from 2020 to 2026, owing to factors such as rising environmental concerns and the need to replace traditional wood and other types of particleboard with a more sustainable alternative. Because of its superior mechanical strength and low environmental impact, rice husk particleboard is gaining traction in the construction industry as a green building material. Its popularity is growing in many countries, particularly in developed ones like the United States, Japan, Australia, and Canada. Furthermore, the rising demand for high-quality furniture and interior decoration has been a major driver of the global market for rice husk particleboard. Conclusion Rice husk particle board is a versatile material that can be used in a variety of industries and applications. Its eco-friendliness makes it even more appealing. With so many potential uses and applications, it's no surprise that this industry is thriving. Key Players • West Fraser • Roseburg Forest Products • Georgia-Pacific • Wanhua Ecoboard Co. Ltd • Kastamonu Entegre
Plant capacity: Particle Board (Size 4ftx8ftx16 inch.): 150,000 Nos. Per AnnumPlant & machinery: 2 Cr
Working capital: -T.C.I: Cost of Project: 11 Cr
Return: 30.00%Break even: 70.00%
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A Business Plan For Glass Fiber Reinforced Polymer (GFRP) Rebar

Glass fibre reinforced polymer (GFRP) rebar is a composite rebar composed of high-strength glass fibres embedded in a resin matrix. It is a relatively new product that has been developed for use as a steel rebar substitute in the construction industry. GFRP rebar has a number of advantages over traditional steel rebar, including greater corrosion resistance and lower cost. High-tensile glass fibres and a resin matrix, usually an epoxy or vinyl ester, are used to make GFRP rebar. The glass fibres provide the necessary strength and ductility, while the resin binds the fibres together and adds strength and corrosion resistance. As a result, the material is strong, lightweight, and corrosion-resistant, and it can be used to reinforce concrete and masonry structures. The use of GFRP rebar as an alternative to traditional steel rebar is becoming more popular. Because of its lower cost, superior strength, and greater corrosion resistance, it is an excellent choice for a wide range of construction projects. Scope of Start-Up in Glass Fiber Reinforced Polymer Rebar Manufacturing Industry The potential for growth in the Glass Fiber Reinforced Polymer (GFRP) rebar manufacturing industry is enormous, as the global construction industry is expected to expand at a rapid pace in the coming years. Because of its superior corrosion resistance, lightweight nature, and lower cost, GFRP rebar is gaining popularity as a replacement for traditional steel reinforcement. The benefits of using GFRP rebar can help reduce construction costs, making it appealing for contractors to switch to GFRP rebar over steel. The growing demand for GFRP rebar presents an excellent opportunity for entrepreneurs to enter the GFRP rebar manufacturing industry. The production of GFRP rebar necessitates a small initial investment and low operating costs. Furthermore, entrepreneurs can take advantage of government incentives for promoting sustainable building practises and the development of green construction materials. Uses and Applications Glass fibre reinforced polymer rebar (GFRP) is a type of reinforcing bar commonly used in construction. Glass fibres, epoxy resin, and other additives make up this material. Because it is more corrosion resistant than traditional steel rebar, GFRP is ideal for use in highly corrosive environments. It's also non-magnetic and non-conductive, making it ideal for use in high-stress electrical applications. Concrete can be reinforced with GFRP rebar in bridges, marine structures, tunnels, dams, and other infrastructure projects. It can also be used to reinforce precast or post-tensioned concrete structures. Furthermore, GFRP rebar is suitable for use in foundations, footings, and slab-on-grade applications. Because of its light weight and high strength-to-weight ratio, it is becoming increasingly popular for use in earthquake zones. GFRP rebar can be used to reinforce masonry walls in addition to concrete structures. This improves the wall's structural integrity and prevents cracking caused by pressure or shifting ground. Because it is more corrosion resistant than traditional steel rebar, GFRP rebar is also suitable for use in retaining walls and seawalls. Finally, GFRP rebar can be used to build concrete forms and sprayed concrete forms. Global Market Outlook In the construction industry, glass fibre reinforced polymer (GFRP) is commonly used for non-structural elements such as facades, panels, piping, and channels. Because of the presence of a number of emerging economies in the region, such as India, China, Indonesia, and Vietnam, the Asia-Pacific region has become an appealing market for investors. Domestic firms have been expanding their operations as a result of the strong economic growth. In addition, foreign firms have been entering these markets to capitalise on the current opportunities. This has increased demand for commercial construction, such as offices, manufacturing facilities, buildings, and warehouses, resulting in an increase in construction activity in these countries. These are some of the factors that are driving up demand for GFRP Rebars." Conclusion The opportunity for entrepreneurs to capitalise on the increasing demand for green building materials is excellent when starting a GFRP rebar manufacturing business. With the right knowledge and resources, one can quickly reap the benefits of this expanding market. Key Players • Hughes Brothers Inc • Marshall Composites Systems • BP Composites Ltd • Schock international • Pultrall Inc. • Neuvokas Corp • Composite Rebar Technologies (CRT) • Technobasalt Invest LLC • Sireg Geotech Srl • Fibrolux GmbH • Armastek • Dextra Group
Plant capacity: Glass Fibre Reinforced Polymer (GFRP) Bar (Size 8mm to 36 mm): 360,000 MT Per AnnumPlant & machinery: 6 Cr
Working capital: -T.C.I: Cost of Project: 61 Cr
Return: 34.00%Break even: 51.00%
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Lithium Ion Battery (Battery Assembly) Manufacturing Business

A lithium ion battery (Battery Assembly) is a rechargeable battery commonly found in portable electronic devices such as cell phones, laptop computers, and tablets. Because of their high energy density, long life cycle, and low self-discharge rate, lithium ion batteries have grown in popularity. The anode is the most important component of a lithium ion battery. This section of the battery is made of a material like graphite or metal oxide that stores electrons that can be released when the battery is discharged. The battery's cathode is made of lithium cobalt oxide, which attracts electrons released by the anode during discharge. The two parts are held together by an electrolyte solution, which acts as an electron conductor. When a lithium ion battery is charged, electrons from the anode are transferred to the cathode, allowing energy to be stored. When you discharge the battery, the electrons return to the anode, releasing energy to power your device. Because of their high energy density and long life cycles, lithium ion batteries are used in many consumer electronics and are becoming increasingly popular in electric vehicles. Scope for Startups in the Lithium Ion Battery Industry Because of the growing demand for energy storage solutions in the industrial, automotive, and consumer sectors, lithium ion batteries have become a promising business opportunity. Because of their low cost, these batteries are a viable option for entrepreneurs looking to enter the battery assembly industry. Due to increased adoption of renewable energy sources such as solar and wind energy, the lithium ion battery market is expected to grow significantly over the next few years. This expansion provides an opportunity for startups to develop innovative products and services that can capitalise on this expansion. Startups can concentrate on improving battery packs for electric vehicles and consumer electronics, developing more efficient charging solutions, or even launching rental programmes that allow customers to rent lithium ion batteries for short periods of time. Startups in the lithium ion battery industry can differentiate themselves from competitors by developing innovative solutions. Furthermore, startups can look into opportunities in research and development as well as manufacturing. With current battery technology advancements, there are numerous opportunities for startups to develop innovative products and services that will help propel the lithium ion battery industry forward. Indian Market Outlook The India lithium-ion Battery Market was valued at US$ 1.91 billion in 2021 and is expected to reach US$ 5.2 billion in 2029. Over the forecast period, the global India lithium-ion battery market is expected to grow at a CAGR of 15.3%. Lithium-ion batteries are widely used in electronic devices such as smartphones, laptop computers, alarm clocks, watches, and remote controls. Consumer electronics sales are heavily influenced by the country's population and disposable income. In recent years, India's rising disposable income has resulted in rising living standards, driving demand for consumer electronics. The increased recycling of lithium-ion batteries in the country is expected to secure the supply of raw materials such as lithium and cobalt, as well as reduce reliance on extracting and refining materials from mineral resources, creating significant opportunities for India's lithium-ion battery market in the future. Global Market Outlook The global lithium-ion battery market was worth USD 41.97 billion in 2021 and is expected to grow at an 18.1% compound annual growth rate (CAGR) from 2022 to 2030. Because of the increasing adoption of electric vehicles, the automobile industry is expected to grow significantly. Over the forecast period, the global registration of electric vehicles is expected to increase significantly. In 2021, Asia Pacific will have a revenue share of more than 40.0% of the market. As environmental concerns have grown, China has banned traditional fossil fuel-powered scooters from all of its major cities in order to reduce emissions, resulting in an increase in e-scooter sales in the country. As Asia Pacific has emerged as a global manufacturing hub, there has been an increase in the use of tools powered by lithium-ion batteries. Due to the increasing use of lithium-ion batteries in energy storage systems, electric vehicles, and consumer electronics, the market in Germany is expected to grow moderately over the forecast period. Germany is the world's leading market for energy storage systems and renewable energy development. Conclusion The lithium ion battery (Battery Assembly) industry is ever-changing, with exciting opportunities for both startups and established businesses. As technology and manufacturing improve, these batteries are becoming more popular as an energy source. They provide an efficient and cost-effective way to store and use energy, making them an excellent choice for a wide range of applications. Overall, the lithium ion battery industry looks promising. Key Players • BYD Company Ltd. • Duracell Inc. • Hitachi, Ltd. • Johnson Controls • LG Chem • Panasonic Corporation • Renault Group • Samsung SDI Co., Ltd. • Tesla • TOSHIBA CORPORATION Cost Estimation Capacity: 48 Volt, 60 AH Lithium-Ion Battery Pack 500 Nos. Per Annum 48 Volt, 80 AH Lithium-Ion Battery Pack 400 Nos. Per Annum 48 Volt, 100 AH Lithium-Ion Battery Pack 400 Nos. Per Annum 60 Volt, 20 AH Lithium-Ion Battery Pack 400 Nos. Per Annum 60 Volt, 30 AH Lithium-Ion Battery Pack 400 Nos. Per Annum 72 Volt, 20 AH Lithium-Ion Battery Pack 400 Nos. Per Annum 72 Volt, 40 AH Lithium-Ion Battery Pack 400 Nos. Per Annum 12.8 Volt, 8 AH Lithium-Ion Battery Pack 400 Nos. Per Annum 12.8 Volt, 12 AH Lithium-Ion Battery Pack 400 Nos. Per Annum 12.8 Volt, 20 AH Lithium-Ion Battery Pack 400 Nos. Per Annum 12.8 Volt, 30 AH Lithium-Ion Battery Pack 400 Nos. Per Annum
Plant capacity: -Plant & machinery: 86 Lakhs
Working capital: -T.C.I: Cost of Project: 516 Lakhs
Return: 28.00%Break even: 60.00%
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Cold Pressed Rice Bran Oil (Edible Oil) Manufacturing Business

Cold Pressed Rice Bran Oil (Edible Oil) is a type of cooking oil made by cold pressing rice husk. Cold pressing is a technique for extracting oil from seeds or grains that does not involve the use of heat or chemical solvents. It's a quick, clean, and risk-free way to get oil without sacrificing any of its nutritional benefits. As a result, Cold Pressed Rice Bran Oil (Edible Oil) is one of the healthiest oils available and is becoming increasingly popular. Cold Pressed Rice Bran Oil (Edible Oil) is high in antioxidants and essential fatty acids. Because of its high smoke point, it is suitable for deep frying and sautéing. Because of its light and delicate flavour, it is ideal for salads and dressings. It also has a longer shelf life than other cooking oils, making it a more cost-effective option for many families. Cold Pressed Rice Bran Oil (Edible Oil) is high in monounsaturated fats, which are known to help lower bad cholesterol and promote cardiovascular health. It's also high in Vitamin E, which boosts immunity and reduces inflammation. Furthermore, because of its anti-aging properties, it is a popular ingredient in skin care products. All of these advantages are driving the popularity of Cold Pressed Rice Bran Oil (Edible Oil) among health-conscious consumers. It's an excellent choice for those looking to increase their intake of healthy fats as well as those who want to enjoy flavourful meals without sacrificing nutrition. Benefits of Cold Pressed Rice Bran Oil (Edible Oil) Cold pressed rice bran oil is an edible oil made from the rice grain's outer husk. It is well-known for its high antioxidant content as well as its health-promoting properties. Rice bran oil is high in monounsaturated fatty acids, vitamin E, B vitamins, and other nutrients. The following are some of the primary advantages of cold pressed rice bran oil: • High in Healthy Fats: Cold pressed rice bran oil is rich in monounsaturated fats which are known to reduce cholesterol levels and protect against heart disease. It is also rich in polyunsaturated fats which have been linked to reducing inflammation. • Contains Antioxidants: Cold pressed rice bran oil is a rich source of antioxidants such as vitamin E, carotenoids, and phytosterols. These antioxidants can help protect your cells from free radical damage, reducing the risk of chronic diseases such as cancer and heart disease. • Low Smoke Point: Cold pressed rice bran oil has a low smoke point, meaning that it won’t burn easily when cooking at high temperatures. This makes it ideal for sautéing, stir-frying, and other high-temperature cooking methods. • Versatile: Cold pressed rice bran oil has a neutral flavor and can be used in a variety of recipes, including salads, marinades, baking, and sauces. It is also suitable for deep-frying, making it a great all-purpose oil. • Sustainable: Rice bran oil is made from a sustainable source, making it an environmentally friendly choice for consumers. Global Market Outlook In 2020, the global rice bran oil market was worth USD 6.16 billion. The market is expected to grow at a CAGR of 9.09% between 2021 and 2028, from USD 6.67 billion in 2021 to USD 12.27 billion in 2028. Consumer demand for cosmetic products such as creams, gels, and other skincare products is rapidly increasing. This oil contains ingredients like vitamin E, vitamin B, and others that help to hydrate the skin. With a growing consumer demand for clean beauty products that hydrate and moisturise the skin, the use of such oil in the preparation of cosmetics is rapidly increasing. Several factors, such as rising demand for rice bran oil from the food and beverage industries, will propel this market forward. Because of rising consumer health awareness, North America is one of the leading users of this oil. Consumers are taking a variety of dietary precautions to ensure that they are eating health-promoting foods. Due to the region's rising demand for vegetable oils, Europe is also one of the developing rice bran-based oil markets. Europe, as an emerging market, is a major importer of this oil, with imports from Thailand, India, and China. Conclusion People are discovering the numerous health benefits of cold pressed rice bran oil, which is one of the fastest growing industries in the health and wellness space. This is a fantastic opportunity for entrepreneurs looking to launch their own company. Not only is the demand for this oil increasing, but so are the potential profits. The best thing about this business is that it is simple to start and does not require a large capital investment. Overall, the cold pressed rice bran oil industry has a lot to offer and is well worth looking into if you want to start your own business. Key Players • Adani Wilmar (Gujarat, India) Modi Naturals (New Delhi, India) • Marico (Maharashtra, India) • Conagra Foods (Chicago, U.S.) • BCL Industries Limited (Punjab, India) • King Rice Oil Group (Bangkok, Thailand) • California Rice Oil Company (California, U.S.) • Ricela Health Foods Ltd. (Punjab, India) • 3F Industries Ltd (Mumbai, India) • Sethia Oils Ltd. (West Bengal, India)
Plant capacity: Cold Pressed Rice Bran Oil (Edible Oil): 270,000 Ltrs Per AnnumPlant & machinery: 20 Lakhs
Working capital: -T.C.I: Cost of Project: 161 Lakhs
Return: 28.00%Break even: 51.00%
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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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