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

Tripura is a state in Northeast India. The third-smallest state in the country, it covers 10,491 km2 (4,051 sq mi) and is bordered by Bangladesh (East Bengal) to the north, south, and west, and the Indian states of Assam and Mizoram to the east. Tripura is a landlocked state in North East India. The state has a tropical savanna climate, designated Aw under the Köppen climate classification. The undulating topography leads to local variations, particularly in the hill ranges. The four main seasons are winter, from December to February; pre-monsoon or summer, from March to April; monsoon, from May to September; and post-monsoon, from October to November.

Tripura's gross state domestic product for 2010–11 was 129.47 billion (US$2.1 billion) at constant price (2004–05), recording 5.71 per cent growth over the previous year. In the same period, the GDP of India was 48778.42 billion (US$790 billion), with a growth rate of 8.55 per cent. Tripura is an agrarian state with more than half of the population dependent on agriculture and allied activities. However, due to hilly terrain and forest cover, only 27 per cent of the land is available for cultivation. Rice, the major crop of the state, is cultivated in 91 per cent of the cropped area.

TOURISM

Tripura has a geographical area of about 10,492 sq. km. almost two-thirds of the state is under hilly terrain and it is surrounded on three sides by the deltaic basin of Bangladesh. The Tripura tribal’s are divided into two groups: Puran Tripuras and Natun Tripuras. The Puran Tripuras are the original inhabitants of the State and constitute a little over 16% of the total and 57% of the tribal population of the State. The Department of Tourism, Govt. of India, under the ministry of Tourism and Culture has been providing liberal financial and technical support for the tourism development in the state based on the projects received from the states. It is quite clear that Tripura has tremendous and quite unique tourism potential. This could be tapped mainly through the concept of Eco-tourism and Heritage tourism. Nature / wildlife tourism, adventure tourism, rural tourism, leisure tourism, pilgrimage tourism, international border tourism could be some special tourist packages. The Tourism Development in the Northeast region will depend on integrated approach, involving various government departments, private entrepreneurs, voluntary organizations and local community. This approach will also help in evolving local people’s perception towards tourism development as a strong tool for socio-economic up liftment.

INDUSTRIAL SECTOR

The State Government offers a package of incentives for setting up of industrial units, which is comparable to other states. Besides, the special incentive package i.e. North East Industrial and Investment Promotion Policy (NEIIP) declared by the Government of India for the North East Region is available to industrial units.

State Package of Incentives under Tripura Industrial Investment Promotion Incentive Scheme-

•                    Capital Investment Subsidy @ 30% and additional subsidy @ 2.5% for enterprises of ST, SC, & women individuals on Fixed Capital Investment.

•                    Full Reimbursement of Standard Certification Fees /Charges / other expenses on account of obtaining a standard Certification.

•                    Provides State Transport Subsidy for covering the portion for which Central Transport Subsidy is not available

•                    85% Exemption from the payment of Earnest Money and Security Deposits on tenders floated by State Govt. Department / Agencies.

Incentives declared by Central Government:

•                    Exemption of Excise Duty on finished products.

•                    Central Transport Subsidy.

•                    Income Tax Benefit.

•                    Capital Investment Subsidy.

•                    Comprehensive Insurance Scheme for insurance coverage. Subsidies to service sector, bio-technology and power generating industries.

INVESTMENT OPPORTUNITIES

Tripura offers an investor-friendly environment. The Government welcomes investments into the State, from both domestic and foreign investors.

•        Natural gas

Tripura has vast reserves of natural gas in non-associate form. The gas is of high quality, with high methane content of up to 97%. The availability of superior quality natural gas, at concessional price, offers a great opportunity to prospective investors, to set up gas-based industrial units, using natural gas

•        Information Technology (IT)

Tripura has been considered the second best IT destination in the North East. IT sector (including IT-enabled services) has been identified as one of the major potential growth sectors by the state. The high literacy rate of the State provides additional advantage for development of the sector.

•        Food Processing

The State government has identified food processing as a major thrust area. There is a vast potential for setting up of food processing units in the State. The agro-climatic conditions in Tripura are ideally suited for production of a large variety of horticultural crops.

•        Handicrafts

From time immemorial, Tripura has carved out a name for itself in the field of handicrafts. The gifted artisans produce wonderful objects of crafts from simple material like cane, bamboo and wood.

•        Tourism

Tripura is an attractive tourist destination. The state has a rich cultural heritage. There are number of historical Hindu and Buddhist sites.


INDUSTRIAL POLICY

•        To improve Basic as well Industrial Infrastructure.

•        Industrial Growth by attracting Private Investment.

•        To improve investment climate towards better regulation by removing barriers to competition.

•        Creation of hassle-free and congenial investment climate.

•        To bring significant increase in the State Domestic Product.

•        Widening of resources base of the state.

•        Development of connectivity (Internal road, railways and air & telecom).

•        Better social infrastructure Enabling Entrepreneurship -building capacities through entrepreneurial and technical skills, training and promotion of self-employment.

THRUST AREAS

•        Natural Gas

•        Food Processing

•        Rubber

•        Tea

•        Handicraft

•        Bamboo

•        Handloom

•        Tourism

•        Information Technology

•        Education

  •           Healthcare

The Department of Industries & Commerce was established to promote Village and Small-scale industries as well as medium and large scale industries in the State. While efforts are being made to promote entrepreneurship within the State, the outside investors in the public and private sectors are also encouraged both for their financial capabilities and technical expertise, for the medium and large-scale units. The major existing industrial area is the Industrial Growth Centre Complex at Bodhjungnagar which also includes Food Park, Rubber Park and Export Promotion Industrial Park. The other industrial sites near Agartala as the main business and industrial centres are Dukli, Arundhatinagar and Badharghat. The mineral resources are minor amounts of glass sands, limestone, plastic clay and hard rock and all of these materials are being used in varying degrees. Setting up of ceramic tiles unit and other mineral based industries are being encouraged in the private sector.

We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.

Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.

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.

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Canvas Shoes - 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

Footwear refers to garments worn on the feet, which originally serves to purpose of protection against adversities of the environment, usually regarding ground textures and temperature.The design of shoes has varied enormously through time and from culture to culture, with appearance originally being tied to function. High fashion shoes may be made of very expensive materials in complex construction and sell for thousands of dollars a pair. Other shoes are for very specific purposes, such as boots designed specifically for mountaineering or skiing. The shoes market, like most other product markets has diverse segmentations. First, by material of construction (leather, canvas and etc.,) second, by consumer variation (men’s, women’s) third, by usage pattern (formal shoes, casual and informal shoes)fourth, by types of shoes (military or police boots, formal dress, closed and pump shoes) and fifth, by price range (high-end over Rs. 1500 per pair going beyond Rs. 3000 per pair, medium priced shoes between Rs. 250 to Rs. 1500 per pair, and low-priced shoes below Rs. 250 per pair). The global footwear market is predominantly dictated by consumer trends. The surging demand for designer yet comfortable shoes among women and sportswear or athletic shoes among men have been bolstering opportunities for footwear sales. This increasing focus on sportswear will bolster opportunities for the footwear market. By the end of 2023, the market is expected to reach US$258.21 bn.As a whole it is a good project for new entrepreneurs to invest. Few Indian Major Players are as under • Lotto, • Adidas, • Puma • North Star • Liberty • Reebok • Nike • Bata • Action, • Phoenix • Casual • Woodland • Allen Cooper
Plant capacity: Canvas Shoes:1200,000 pairs/annum Leather Shoes:900,000 pairs/annumPlant & machinery: 607 lakhs
Working capital: -T.C.I: Cost of Project: 1006 lakhs
Return: 30.00%Break even: 64.00%
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Residential School - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project

The importance of education was well recognized in India, ‘Swadeshepujyate raja, vidwansarvatrapujyate’ “A king is honoured only in his own country, but one who is learned is honoured throughout the world." The ultimate aim of education in ancient India was not knowledge, as preparation for life in this world or for life beyond, but for complete realization of self. A school is an institution designed to provide learningspacesandlearning environments for the teaching of studentsunder the direction of teachers. There has been massive expansion of school education in India in the last few decades. There are 15 lakh schools in the country as per DISE data for 2014-15. Government owns and manages nearly 75% of elementary, 43% of secondary and 40% of higher secondary schools, the remaining are privately owned and managed. There are 25.95 crore children enrolled in school education, including 19.77 crore at elementary level; 3.83 crore at secondary level; and 2.35 crore at higher secondary level (U-DISE 2014-15). Enrolment in private unaided elementary and secondary schools is around 33% each; and 39% at higher secondary level. Private unaided and aided schools account for nearly 42% of the enrolment in the school sector (grades I-XII). India has become the second largest market for e-learning after the US. The sector is currently pegged at US$ 2-3 billion, and is expected to touch US$ 40 billion by 2017.The K-12 system in India can be segmented by ownership, level of education and board of affiliation.25% of all K-12 schools in India are private schools, accounting for 40% share in student enrolment.Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian Major Players are as under • The Valley School, Bangalore • Bishop Cotton School, Shimla • Delhi Public School • Rishi Valley School, Chittoor • Chinmaya International Residential School, Coimbatore • DhirubhaiAmbani International School, Mumbai • The Cathedral and John Connon School, Mumbai
Plant capacity: 5000 Nos of studentsPlant & machinery: Fixed Assets : 642 lakhs
Working capital: -T.C.I: Cost of Project : 4887 lakhs
Return: 0.35%Break even: N/A
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Mink Blankets

A blanket is a type of bedding, a large piece of woven cloth, intended to keep the user warm, especially while sleeping or lying down. A blanket traps the radiant heat from the user's body, and instead of dissipating into the air, it warms the user. It also protects against cold carried by convection. The Koreans and Chinese started the whole trend of soft acrylic blankets and even came up with the term, “mink blanket”. Even though we can find a mink blanket manufacturer in many, many different countries, most mink blankets are manufactured in Korea and China. As a result, Korean blankets and Chinese blankets probably make up 90% of the world’s mink blankets.Blankets are distinguished from bed sheets by their thickness and purpose. Blankets are thicker; even the thinnest blanket is thicker than the heaviest sheet. Blankets are generally used for warmth and comfort, while sheets are for hygiene, comfort and aesthetics. Largely concentrated in northern India, mink blankets units are present across Ludhiana, Amritsar, Panipat and Moradabad. As per data available, the total manufacturing capacity of the units in India is 50 lakh mink blankets per year, with the demand picking up during winter and festive season.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under Deepak Woollens Pvt. Ltd. Kadri Mills (Cbe) Ltd. OswalCottex Exports Ltd. ShitalFibres Ltd. SimondFibertech Ltd.
Plant capacity: Double Bed Blankets (3.50 Kgs Size): 444,900Nos/Annum Single Bed Blankets (2.50 Kgs Size) : 420,000Nos/Annum Baby Blankets (0.50 Kgs Size): 1,050,000Nos/AnnumPlant & machinery: Rs 1031 lakhs
Working capital: -T.C.I: Cost of Project: Rs 2048 lakhs
Return: 28.00%Break even: 56.00%
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Aluminium Extrusion- 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

Aluminium is a versatile material integral to modern life. The metal is found in everything from soda cans to cell phones to window frames to airplanes. The aluminium industry can be categorized into two principal segments. The key segment is the production of primary aluminium by integrated producers engaged in the entire value chain from the mining of bauxite in an alumina refinery, and conversion of alumina into primary aluminium metal in an aluminium smelter. The extrusions segment is the preserve of the secondary producers with nearly 40 players, such as Jindal Aluminium, Century Aluminium, Sudal Industries, Bihar Extrusions and BhorukaAluminium, which account for over 80 per cent of the aggregate production capacity of tonnes. Aluminium extrusions are used for their strength, flexibility, durability and sustainability in various sectors such as construction, transportation, electrical, machinery and consumer durables. The increased usage in green initiatives is driving the growth of the Aluminium extrusion market. Technavio’s market research analyst estimates the global Aluminium extrusion market to witness a tremendous growth at a rate of around 7% during the forecast period.The growth of the automobile industry is anticipated to drive the growth of this market during the forecast period. Aluminium extrusion is replacing steel in automobiles and transport.As a whole it is a good project for new entrepreneurs to invest. Few Indian Major Players are as under AaryanExtrutech India Ltd. Alexcon Extrusions Ltd. AliconCastalloy Ltd. Aluminium Profiles Ltd. Anurang Engineering Co. Pvt. Ltd. Bharat Containers Pvt. Ltd. Decora Tubes Ltd. E V AAlu Panel Ltd.
Plant capacity: Aluminium Extruded Products: 1,350MT/AnnumPlant & machinery: Rs 276 lakhs
Working capital: -T.C.I: Cost of Project: Rs 657 lakhs
Return: 27.00%Break even: 57.00%
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Integrated Unit Cold Storage with Food Processing - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study

Cold storage is a system for holding produce in an atmosphere that differs substantially from normal air in respect to CO2 and O2 levels. The gas mixture will constantly change due to metabolic activity of the respiring fruits and vegetables in the store and leakage of gases through doors and walls. The gases are therefore measured periodically and adjusted to the predetermined level by the introduction of fresh air or nitrogen or passing the store atmosphere through a chemical to remove CO2.There are different types of Cold storage depending mainly on the method or degree of control of the gases. Some researchers prefer to use the terms “static cold storage” and “flushed cold storage” to define the two most commonly used systems. The total value of the cold chain industry is estimated to be as high as USD 3 billion and growing at 20-25 per cent a year. The total value is expected to reach USD 8 billion by 2015 through increased investments, modernization of existing facilities, and establishment of new ventures via private and government partnerships. The Indian agricultural sector is witnessing a major shift from traditional farming to horticulture, meat and poultry and dairy products, all of which are perishables. The demand for fresh and processed fruits and vegetables is increasing as urban populations rise and consumption habits change. Due to this increase in demand, diversification and value addition are the key words in the Indian agriculture today.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Bengal Bonded Warehouse Assn. • Container Corpn. Of India Ltd. • Desai Fruits & Vegetables Pvt. Ltd. • Duraflex Services & Construction Technologies Ltd. • H M G Industries Ltd. • Nav Bharat Refrigeration &Inds. Ltd.
Plant capacity: Mango Pulp (200 Kgs Size Drum Pack) : 10,000 Packs/Annum Mango Jelly (10 Kgs Size Poly Pack): 25,000 Packs/Annum Tomato Pulp (100 Kgs Size Drum Pack) : 30,000 Packs/Annum Cashew Nuts (50 Kgs Size Bag): 72,000 Packs/Annum Cashew Chikkes (Plant & machinery: Rs 500 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1749 lakhs
Return: 29.00%Break even: 54.00%
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Solar Panel Assembling & Solar Power Inverter on Grid, Off Grid WithSolar Pump Controller - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials

A solar cell, sometimes called a photovoltaic cell, is a device that converts light energy into electrical energy.Solar panels generate free power from the sun by converting sunlight to electricity with no moving parts, zero emissions, and no maintenance. Multiple solar panels can be wired in parallel to increase current capacity (more power) and wired in series to increase voltage for 24, 48, or even higher voltage systems. India has a huge potential for solar power generation that can lead to a large-scale deployment of solar energy, if harnessed effectively. Indian Government is adopting constructive steps towards implementing large-scale solar power projects and is poised to position itself as one of the world’s major solar producer. India's power sector has a total installed capacity of approximately 1,46,753 Megawatt (MW) of which 54% is coal-based, 25% hydro, 8% is renewable’s and the balance is the gas and nuclear-based. Power shortages are estimated at about 11% of total energy and 15% of peak capacity requirements which is likely to increase in the coming years. Around 293 global and domestic companies have committed to generate 266 GW of solar, wind, mini-hydel and biomass-based power in India over the next 5–10 years. The initiative would entail an investment of about US$ 310–350 billion.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Admire Energy Solutions Pvt. Ltd. • Bharat Electronics Ltd. • Bharat Heavy Electricals Ltd. • Central Electronics Ltd. • Clique Developments Ltd. • Epic Energy Ltd. • J S W Green Energy Ltd. • Jaguar International Ltd. • K S K Surya Photovoltaic Venture Ltd. • MindaNexgen Tech Ltd.
Plant capacity: Poly Crystaline Solar PV Modules Cap10 Watt: 1,200,000 Nos/Annum Poly Crystaline Solar PV Module Cap. 20 Watt: 600,000 Nos/Annum Poly Crystaline Solar PV Module Cap. 50 Watt:240,000Nos/Annum Poly Crystaline Solar PV Module Cap. 100 Watt: 150,000Nos/AnnumPlant & machinery: Rs 1225 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1674 lakhs
Return: 26.00%Break even: 56.00%
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Cattle Breeding and Dairy Farm to Produce Milk

Dairy farming has been part of agriculture for thousands of years, but historically, it was usually done on a small scale on mixed farms.But today, India derives nearly 33% of the gross Domestic population from agriculture and has 66% of economically active population, engaged in agriculture. The share of livestock product is estimated at 21% of total agriculture sector. Milk production alone involves more than 70 million producers, each raising one or two cows/buffaloes primarily for milk production.Milk is used as a food. It is used prepare curd, butter, ghee cream and ice cream etc. India is the world's largest producer of milk, and is the leading exporter of skimmed milk powder, yet she exports very few other milk product. There has been tremendous growth in dairy farming equipment that helps modern dairy farms to manage thousands of dairy cows and buffaloes. In the present situation of world market, the milk and dairy market landscape is a dynamic entity within the food industry new opportunities in emerging markets, increasing globalization, changes in consumer demand, nutritional policy and the regulatory environment are among top issues facing the industry.As a whole it is a good project for new entrepreneurs to invest. Few Indian Major Players are as under • Amrut Industries Ltd. • Anmol Dairy Ltd. • Britannia Industries Ltd. • G R B Dairy Foods Pvt. Ltd. • Haryana Milk Foods Ltd. • Indiana Dairy Specialities Ltd. • Industrial Progressive (India) Ltd. • Mahaan Foods Ltd. • Milkfood Ltd. • Nikumbh Dairy Products Ltd
Plant capacity: Cow Milk: 345,600 Kgs/Annum Buffalo Milk: 207,360Kgs/Annum Cattle Dung Manure: 1,080,000/AnnumPlant & machinery: Rs 46 lakhs
Working capital: -T.C.I: Cost of Project: Rs 282 lakhs
Return: 12.00%Break even: 74.00%
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Repair & Refurbishment of Power Transformers

Transformer is a machine that transfers electrical energy from one electrical circuit to another without changing frequency by the principle of electromagnetic induction. Since its basic construction requires no moving parts so it is often called the static transformer and it is very rugged machine requiring the minimum amount of repair and maintenance. The term is used to include all transformers of large sizes (250kva and above) used in generating stations and substations for transforming the voltage at each end of a power transmission line. They may be single or three phase and voltage rating of220/11kv or in high voltage range.They are kept in operation all the 24 hours a day. In such transformer iron loss occur for all the time where copper loss occur only when they are loaded. Electric equipment industry contributes over 2% of GDP which is projected to increase to about 12% in last year. During the period, consumption of electrical equipment is estimated to increase from over USD 28 bn now to USD 363 bn, growing at a CAGR of about 30%. The electrical equipment and accessories industry, with its highly diversified content, may be broadly segmented into (i) generation equipment, (ii) transmission equipment, and (iii) distribution equipment. According to the Power Ministry, the power sector has tied up Rs. 2,240 bn worth of investments to build power plants with 70,000 MW capacity in the next three years.Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian Major Players are as under • Vijay Electricals • BHEL • EMCO • Indo Tech Transformers • Kirlosker Electric Co., • Kanohar Electricals
Plant capacity: Repairs of 25 MVA Power Transformers : 60 Nos/Annum Repairs of 50 MVA Power Transformers: 36 Nos/Annum Repairs of 100 MVA Power Transformers: 12 Nos/Annum Refurbishment of 25 MVA Power Transformers : 60 Nos/Annum Refurbishment of 50 MVA Power TransformersPlant & machinery: Rs 33 lakhs
Working capital: -T.C.I: Cost of Project: Rs 200 lakhs
Return: 26.00%Break even: 65.00%
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Thermocol Moulded Items Plates and Glass - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Thermocol has been employed almost exclusively in the packing and thermoacoustic isolation sectors; utilizing new processes and sophisticated equipment has been possible to create containers for foods with a perfect retention of liquids. The disposable plastic glass and plates are manufactured by thermoforming technique. They are fast replacing conventional glass and plates. Ice-cream and other dairy products are packed in disposable cups. Besides Ice-cream industry, hotels, restaurants, canteens etc. have been increasingly using disposable items as against conventional glass-wares or ceramic cups, glass, plates and bowls. Thermocol plates, glass and cups making business is one kind of business which can never go out of date. As long as people celebrates various occasions thermocol plates, glass and cups business can never comes down. Instead of using porcelain or other material made plates these disposable plates, glass and cups are best alternate which comes in budget. Demand for foodservice disposables in the market is projected to increase 3.9 percent per year to $21.9 billion in 2019. Packaging will remain the most common product segment and will outpace service ware, napkins and other foodservice disposables. Retail and vending will be the fastest growing market, while eating and drinking places will remain dominant. As a whole it is a good project for new entrepreneurs to invest. Few Indian Major Players are as under • Shalimar Pack (Group of Companies) • Biopac India Corporation Limited • Windsor Industries Private Limited • Essel Kitchenware Ltd • Siliguri Poly Products Pvt. Ltd.
Plant capacity: Thermocol Glasses: 64,800 Kgs/Annum Thermocol Plates : 211,200 Kgs/AnnumPlant & machinery: Rs 30 lakhs
Working capital: -T.C.I: Cost of Project : Rs 109 lakhs
Return: 27.00%Break even: 63.00%
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Thermocol Moulded Items Plates and Glass - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Thermocol has been employed almost exclusively in the packing and thermoacoustic isolation sectors; utilizing new processes and sophisticated equipment has been possible to create containers for foods with a perfect retention of liquids. The disposable plastic glass and plates are manufactured by thermoforming technique. They are fast replacing conventional glass and plates. Ice-cream and other dairy products are packed in disposable cups. Besides Ice-cream industry, hotels, restaurants, canteens etc. have been increasingly using disposable items as against conventional glass-wares or ceramic cups, glass, plates and bowls. Thermocol plates, glass and cups making business is one kind of business which can never go out of date. As long as people celebrates various occasions thermocol plates, glass and cups business can never comes down. Instead of using porcelain or other material made plates these disposable plates, glass and cups are best alternate which comes in budget. Demand for foodservice disposables in the market is projected to increase 3.9 percent per year to $21.9 billion in 2019. Packaging will remain the most common product segment and will outpace service ware, napkins and other foodservice disposables. Retail and vending will be the fastest growing market, while eating and drinking places will remain dominant. As a whole it is a good project for new entrepreneurs to invest. Few Indian Major Players are as under • Shalimar Pack (Group of Companies) • Biopac India Corporation Limited • Windsor Industries Private Limited • Essel Kitchenware Ltd • Siliguri Poly Products Pvt. Ltd.
Plant capacity: Thermocol Glasses: 64,800 Kgs/Annum Thermocol Plates : 211,200 Kgs/AnnumPlant & machinery: Rs 30 lakhs
Working capital: -T.C.I: Cost of Project : Rs 109 lakhs
Return: 27.00%Break even: 63.00%
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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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