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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.

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Toothpaste

Toothpaste is a paste or gel to be used with a toothbrush to maintain and improve oral health and aesthetics. Earlier oralHygienewasthedomainof local homemade powders andayurvedhpractitioners. With the entry of Colgate in Indian market place the awareness about Oral care and the importance of oral care has been increased.The purpose of oral hygiene using toothpaste is to reduce oral bacterial flora. Mouth bacteria have been linked to plaque, tooth decay and toothache.The main purpose of toothpaste is to reduce oral bacterial flora and deliver fluoride to the teeth. Nowadays, toothpastes are produced to serve multiple purposes at the same time and, thus, possess a complex chemical composition. The ideal toothpaste must have thefollowing properties: slight abrasion, froth, sweetening, bleaching and prevention of plaque, calculus and decay. In terms of in dental hygiene, India is still a nascent country, with majority of the population still not having access to modern dental care and is still relying on substances like coal ash and neem sticks. Traditional materials like neem and tobacco are popular for cleaning teeth in the rural areas. The oral care industry in India is worth Rs. 5,400 Cr. annually & comprises of: Toothpastes: 60 %: Rs. 3,240 Cr., Tooth powder: 23 %: Rs. 1,242 Cr. and Toothbrushes: 17 %: Rs. 918 Cr.With the rising awareness among consumers, sensitive toothpaste segment has also become a highly attractive segment to operate in.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Advanced Oral Care Products Ltd. • Ajanta India Ltd. • Anchor Daewoo Inds. Ltd. • Colgate-Palmolive (India) Ltd. • Group Pharmaceuticals Ltd. • Henkel Spic India Ltd. • Hindustan Unilever Ltd. • Jyothy Consumer Products Ltd.
Plant capacity: 300,000 Kgs/AnnumPlant & machinery: Rs 100 lakhs
Working capital: -T.C.I: Cost of Project: Rs 249 lakhs
Return: 27.00%Break even: 61.00%
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Cold Storage for Fruits and Vegetables- Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

India is the largest producer of fruits and second largest producer of vegetables in the world. In spite of that per capita availability of fruits and vegetables is quite low because of post-harvest losses which account for about 25% to 30% of production. This is mainly because of perishable nature of the produce which requires a cold chain arrangement to maintain the quality and extend the shelf-life if consumption is not meant immediately after harvest. A cold storage is a temperature-controlled supply chain network, with storage and distribution activities carried out in a manner such that the temperature of a product is maintained in a specified range, needed to keep it fresh and edible for a much longer period than in normal ambient conditions. This system facilitates long distance transport of various products as well as makes seasonal products available over the entire year. According to the information collected by the expert committee on cold storage and storage, requirement ofcold storage in the next five years may be in excess of 12 lakh tonnes. The working group of the planningcommission for IX plan had assessed new cold storage capacity for fruits, vegetables and multi commodity as15 lakh tonnes; 13 lakh tonnes in private sector, 1.5 lakh tonnes in cooperative sector and the rest 0.5 lakhtonnes in public sector. India's integrated cold chain industry - a combination of surface storage and refrigerated transport - has been growing at ~18% for the last three years. The industry, currently valued at INR 245 billion (FY 2013), is expected to reach INR 520 billion by 2017, growing at a CAGR of 20%.Thus, there remains a vast potential to be tapped. Few Indian Major Players are as under • Broadcast Engineering Consultants India Ltd. • Carrier Airconditioning& Refrigeration Ltd. • Container Corpn. Of India Ltd. • Desai Fruits & Vegetables Pvt. Ltd. • Duraflex Services & Construction Technologies Ltd • H M G Industries Ltd. • Mohan Meakin Ltd. • Nippon Express (India) Pvt. Ltd.
Plant capacity: 12000 Mt/AnnumPlant & machinery: Rs 92 lakhs
Working capital: -T.C.I: Cost of Project: Rs 342lakhs
Return: 26.00%Break even: 55.00%
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Tomato Products Tomato Ketchup, Sauce and Soup - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Tomatoes are widely consumed and worldwide cultivated. They are one of the most important crops around the world. It is one of the most important food crops in India also. It grows in almost every state of the country.Tomato is one of the most important "protective foods" because of its special nutritive value. It is one of the most versatile vegetable with wide usage in Indian culinary tradition. Tomatoes are used for soup, salad, pickles, ketchup, puree, sauces and in many other ways. Tomato is a valuable raw material used for processed products such as juice, puree, and paste, ketchup/sauce, soup and canned whole. The recent scientific advances have revolutionised tomato processing industries.Ketchup is a sweeter and diluted version of puree (Pulp). Tomato sauce tastes sweet and sour. Both sauce and ketchup are consumed with food and snacks. Tomato soup is available in both form i.e. dry and liquid form. Tomato ketchup, Soups and Sauce are all palatable foods, used in all hotels, restaurants and houses. Tomatoes sauce and ketchup can enhance the flavor of almost any cooked dish. India's table sauces market is predictable to increase at a CAGR of 18% over six years. Nestle's Maggi, Kissan, Heinz, Ching's, Fun Foods, Remia, Del Monte, Sil, Tops and Tabasco are driving the organized table sauces market.Tomato ketchup & sauce dominates the table sauce market, followed by chinese sauce along with its various variants.Dehydrated soups dominate the market. It is followed by canned soups which are way behind at second place.In terms of flavors, the choice of consumers has not changed significantly in last few years.Indian soup market is dominated by a few players. As a whole it is a good project for new entrepreneurs to invest. Few Indian Major Players are as under • Capital Foods Ltd. • Heinz India Pvt. Ltd. • Kissan Products Ltd. • M T R Foods Pvt. Ltd. • Mapro Foods Pvt. Ltd. • Nestle India • Nijjer Agro Foods Ltd.
Plant capacity: Tomato Ketchup (500 gms Size Glass Bottle) : 600,000 Kgs/Annum Tomato Sauce (500 gms Size Glass Bottle): 600,000 Kgs/Annum Tomato Soup (50 gms Size Pouch) : 300,000 Kgs/Annum Plant & machinery: Rs 387 lakhs
Working capital: -T.C.I: Cost of Project: Rs 686 lakhs
Return: 26.00%Break even: 57.00%
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High Rise Apartments, Villas, Shopping Mall with Multiplex, International School and Convention Centre-Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research

The requirements of growing population are growing at rapid rate with the rate of population. People are searching for more space for their enhancing lifestyles. It is self explanatory that accommodation is one of the basic requirements for any industry or a person personally. Land is getting wrapped with concrete and bituminous. In this case to achieve the demands of people the high rise buildings are the major solution both aesthetically, and technically. Villas are known for being luxurious, larger homes with their own gardens, vineyards or courtyards, and water fixtures, like pools and fountains. A Multiplex is a multi-screen entertainment complex showing different films under one roof with other type of supporting different films under one roof with other type of supporting business in the vicinity like restaurants, shopping arcade and other entertainment avenues. A convention center is a large building that is designed to hold a convention, where individuals and groups gather to promote and share common interests. An international school is a school that promotes international education, in an international environment, either by adopting a curriculum such as that of the International Baccalaureate, Edexcel or Cambridge International Examinations, or by following a national curriculum different from that of the school's country of residence. The real estate sector is one of the most globally recognised sectors. In India, real estate is the second largest employer after agriculture and is slated to grow at 30 per cent over the next decade. The real estate sector comprises four sub sectors - housing, retail, hospitality, and commercial. The growth of this sector is well complemented by the growth of the corporate environment and the demand for office space as well as urban and semi-urban accommodations. The construction industry ranks third among the 14 major sectors in terms of direct, indirect and induced effects in all sectors of the economy.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • A B L International Pvt. Ltd. • Ajnara India Ltd. • Ansal Townships Infrastructure Ltd. • Balaji Developers Pvt. Ltd. • Godrej Buildcon Pvt. Ltd. • L & T South City Projects Ltd. • Magnus Facilities & Maintenance Pvt. Ltd. • OmaxeBuildhome Ltd.
Plant capacity: Sale of High Rise Apartments Construct Floor Area: 81,200 Units/Annum Maintenance Charages for High Rise Apartments: 81,200 Units/Annum Sale of Villas : 55 Units/Annum Maintenance Charages of Villas: 55 Units/AnnumPlant & machinery: Rs 665 lakhs
Working capital: -T.C.I: Cost of Project: Rs 55792 lakhs
Return: 23.00%Break even: 18.00%
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Disposable Plastic Syringes - 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

Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. The constantly increasing use of this type Syringe indicates its importance which is based mainly on the advantages it offers regarding cost and hygienic applications. The manufacture of plastic syringes has been developed to such a degree that the products now satisfy the requirements and standards set by Hospital and physicians. At the same time they offer the best possible technique of application to the physician and the highest possible degree of safety to the patient. Disposable Syringes are being used by doctors to inject medicines through intravenous or intramuscular ways for the treatment of diseases & also by research & development personnel. Disposable syringes are made of plastic material and are used in the field of medical and veterinary science. The rapid increase in the number of injectable drugs to be approved recently has been a key contributor to the growth in demand for disposable syringes specifically, over other types of syringes. This is due to the growing number of patients afflicted with accidental needlestick injuries. Both factors thus work in tandem to create a staggering demand for disposable syringes and will continue to do so in the long term.This market is expected to be valued above US$9.3 bn by the end of 2023 and it was US$6.5 bn by the end of 2016.As a whole it is a good project for new entrepreneurs to invest. Few Indian Major Players are as under • Albert David Ltd. • Disposable Medi-Aids Ltd. • Hindustan Syringes & Medical Devices Ltd. • IsconSurgicals Ltd. • La Medical Devices Ltd. • Lifeline Injects Ltd. • Lifelong Meditech Ltd. • Oyster Medisafe Pvt. Ltd.
Plant capacity: Disposable Plastic Syringes 2 ml Size : 300,000 Boxes/Annum Disposable Plastic Syringes 5 ml Size : 300,000 Boxes/Annum Disposable Plastic Syringes 10 ml Siz : 300,000 Boxes/AnnumPlant & machinery: Rs 802 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1474 lakhs
Return: 27.00%Break even: 44.00%
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Maize Starch & Its By Products - 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

Starch is the most abundant reserve polysaccharide in plants. Today, the main sources of starch extraction are tubers, roots and seeds, primarily from maize, tapioca, potato, wheat and rice. Starch can easily be extracted with high purity, resulting in a white, tasteless and odourless powder. These good organoleptic properties makes it an interesting resource for manifold applications, not only in human food and animal feed, but also as feedstock for non-food industrial applications such as pulp and paper, adhesives and bioethanol. Starch is also biodegradable and can exhibit thermoplastic behavior. Starch is used in food, cosmetics, paper, textile, and certain industries, as adhesive, thickening, stabilizing, stiffening, and gelling (pasting) agents. Starch consists of amylose and branched amylopectin molecules in molar ratios of 15% - 25% and 85% - 75%, respectively. Maize starch is most commonly used as a thickening and gelling agent, it is also use to produce many organic chemicals. It is an effective binder andhelps in achieving the right degree of clarity structur. It is also used to achieve chewiness in gums. Starch production in India is highly fragmented, with a variety of manufacturers with small to large capacities offering different sources, grades and derivatives of starch. It is estimated that around 1.56 million tonne starch and derivatives were manufactured by about 30 producers in India.Thus, as an entrepreneur this project offers an exciting opportunity. Few Indian Major Players are as under • Anil Bioplus Ltd. • Tirupati Starch & Chemicals Ltd. • Sunanda Agro Products Ltd. • Spac Starch Products (India) Ltd. • Riddhi Siddhi GlucoBiols Ltd. • Rai Agro Inds. Ltd.
Plant capacity: Maize Starch: 11520MT/Annum Germs: 1170MT/Annum Gluten: 990MT/Annum Fiber: 2520MT/AnnumPlant & machinery: Rs 1790 lakhs
Working capital: -T.C.I: Cost of Project: Rs 2749 lakhs
Return: 23.00%Break even: 45.00%
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Atta, Maida, Suji& Wheat Bran (Roller Flour Mill)-Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Around 800 large Flour Mills in the country convert about 10.5 Million Tons of wheat into wheat products i.e., Coarse Flour, Flour, Semolina, Bran & Wheat Germ. The installed capacity of Flour Mills is more than 21 Million Metric Tons. Roller Flour Milling sector processes around 12 – 15 per cent of the total wheat consumed in the country. Most wheat is consumed in the form of baked goods, mainly bread; therefore, wheat grains must be milled to produce flour prior to consumption. Wheat is also used as an ingredient in compound feedstuffs, starch production and as a feed stock in ethanol production. The aim of the miller is to extract the maximumproportion of flour from the grain with the least possible contamination by bran, pollard andgerm, the first two because they discolor the flour and the last because it reduces the keepingquality. Flour comprises a mixture of fine granules of starch and protein. Invest in a Roller flour milling in India being an agriculture economy, with growing population would always have a great opportunity in food. No industry could really match its growth and profitability potential. The world over food has been one of the most profitable industries and most of global food giants that have emerged have fundamentally been wheat millers. The most profitable and largest companies in the world are also food companies like Nestle, Kraft General Food, Cargilletc. Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Aashirwad • Annapurna • Nature Fresh • Shakti Bhog • Rajdhani • Nirav • Patanjali
Plant capacity: Maida: 16500 MT/annum Sooji : 9900 MT/annum Wheat Flour: 41400 MT/annum Bran: 14700 MT/annumPlant & machinery: Rs 1648 lakhs
Working capital: -T.C.I: Cost of Project: Rs 2660 lakhs
Return: 27.00%Break even: 56.00%
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NPK Complex Organic Fertilizer Plant - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Feeding a population of 9 billion people in 2050 will rely upon the availability of plant nutrients commensurate with the necessary increase in productivity, the deployment of new plant and farming technologies and the cultivation of more marginal land. Food production has increased substantially over the 20th century, partly because of fast yield growth.Fertilizers are soil amendments applied to promote plant growth, the main nutrients added in fertilizer are nitrogen, phosphorus, potassium, other nutrients are added in smaller amounts. Collectively, the main nutrients vital to plants by weight are called macronutrients, including: nitrogen (N), phosphorus (P), and potassium (K) (i.e. NP-K). Organic fertilizer provides all the nutrients that are required by plants but in limited quantities. It helps in maintaining C:N ratio in the soil and also increases the fertility and productivity of the soil. It improves the physical, chemical and biological properties of the soil. It improves both the structure and texture of the soils. With increase in demand for green products and pollution free agricultural products, the term ‘organic’ has become an irresistible trend of modern agriculture and is creating a buzz in the global fertilizers market.The global market for organic fertilizer has witnessed steady growth in the recent past owing to government support and favorable perception among farmers and end-users.Any entrepreneur venture into this field will be successful. Few Indian Major Players are as under • Deccan Sales Corpn. Ltd. • DeogiriFertilisers Ltd. • KhushhalFertiliser Ltd. • Vrundavan Agro Inds. Ltd. • Shiva Global Agro Inds. Ltd.
Plant capacity: 3600 MT/annumPlant & machinery: Rs 177 lakhs
Working capital: -T.C.I: Cost of Project: Rs 498 lakhs
Return: 25.00%Break even: 50.00%
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Humic Acid

To improve the organic contents of soils for growing crops there are some applications such as planting rotation, various plough techniques, green fertilizer application and animal fertilizer application. In addition to these practices, utilization of organic-mineral fertilizers in agriculture has increased in recent years. Humic acids are heterogeneous, which include in the same macromolecule, hydrophilic acidic functional groups and hydrophobic groups. Humic acid hydrophilic groups attract hydration, thus increasing the water retention capacity in soils. Humic substance play a vital role in soil fertility and plant nutrition. Plants grown on soils which contain adequate humin, humicadds (HAs), and fulvic adds (FAs) are less subject to stress, are healthier, produce higher yields; and the nutritional quality of harvested foods and feeds are superior. The value of humic substances in soil fertility and plant nutrition relates to the many functions these complex organic compounds perform as a part of the life cycle on earth. On the basis of applications, the humic acid market can be categorized as conventional farming, biodynamic farming, bioremediation, organic farming, compost teas, sustainable farming, and in premium crop products as an additive. In terms of application, agriculture was the largest segment of the global humic acid market, constituting more than 50% volume share in 2015. Horticulture was the second largest application segment in 2015. Agriculture is anticipated to be the fastest growing application segment from 2016 to 2024, due to the rising demand for humic acid in developing countries and increasing awareness about the use of humic acid. Thus, as an entrepreneur this project offers an exciting opportunity Few Indian Major Players are as under • A S A Imperial Commodities Ltd. • Agro Phos (India) Ltd. • Basant Agro Tech (India) Ltd. • Ghatprabha Fertilizers Pvt. Ltd. • Indian Farmers Fertiliser Co-Op. Ltd. • MatixFertilisers& Chemicals Ltd
Plant capacity: 1200MT/annumPlant & machinery: Rs 62 lakhs
Working capital: -T.C.I: Cost of Project: Rs182 lakhs
Return: 25.00%Break even: 42.00%
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Fulvic Acid

Fulvic acid is a part of the humic structure in rich composting soil. It is an acid created in extremely small amounts by the action of millions of beneficial microbes, working on decaying plant matter in a soil environment with adequate oxygen.It is of low molecular weight and is biologically very active. Because of its low molecular weight, it has the necessity and ability to readily bond minerals and elements into its molecular structure causing them to dissolve and become mobilized fulvic complexes. Fulvic acid usually carries 70 or more minerals and trace elements as part of its molecular complexes. It stimulate plant metabolism and give positive effect on plant RNA & DNA. Fulvic acid chelates and binds scores of minerals into a bio-available form used by cells. These trace minerals serve as catalysts to vitamins within the cell. Additionally, fulvic acid is one of the most efficient transporters of vitamins into the cell. Global fulvic acid market is expected to grow at a significant rate over the forecast period due to increasing demand in agriculture sector. Agriculture industry extensively uses fulvic acid as a soil supplement for crops. The acid is an assortment of many acids that contain phenolate and carboxylate groups and is produced from dead organic matter biodegradation. It is also an important organic soil or humus constituent. The acid with low molecular weight is generally known as fulvic acid. Fulvic acid’s ability to penetrate leaf as well as cell mitochondria enables it to be used in foiler sprays and root drenches. Hence, increasing utility as a soil supplement in agriculture is anticipated to be a key factor driving the global industry growth over the forecast horizon.Any entrepreneur venture into this field will be successful. Few Indian Major Players are as under • A S A Imperial Commodities Ltd. • Agro Phos (India) Ltd. • Aries Agro Ltd. • Basant Agro Tech (India) Ltd. • Dhartidhan Fertilizers Ltd. • Indian Farmers Fertiliser Co-Op. Ltd.
Plant capacity: 1200 MT/AnnumPlant & machinery: Rs 42 lakhs
Working capital: -T.C.I: Cost of Project: Rs 160 lakhs
Return: 26.00%Break even: 42.00%
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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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