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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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Aluminium Foil -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

Aluminium plays a major role in the modern world through its innumerable forms of applications- from kitchen ware to electric conductors and from railway wagon to Appollo spacecraft. Because of its intrinsic and versatile properties of lightness, strength to weight ratio, corrosion resistance, electrical and thermal conductivity, non toxicity etc., a wide range of uses has opened up for this metal. Foil is a very thin sheet of rolled aluminium supplied in its pure form ('commercial purity') or in a variety of alloys and tempers which give a wide choice of tensile properties. The thickness of foil ranges from the thinnest currently produced commercially at about 0.0065 mm (or 6.5 µm) to the defined upper limit of 0.2 mm (or 200 µm).India is one of the key producers of aluminium foil in the region. Over 70% of aluminium foil used in India is for packaging applications. Pharmaceuticals followed by beverages, personal care and a wide range of food and non-food products, semi rigid containers and house foil are the principal applications of aluminium foil in India in the packaging sector. The total aluminium foil production in India is placed at around 35,000 tonne, of which Indal and India Foils account for a little over 50%. Indal is the biggest aluminum foil manufacturer in the country.Aluminum foil industry is growing annually at around 7%. In the near future, with the phenomenal rise in disposable incomes, the foil industry is expected to receive a boost. Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Amco India Ltd. • Annapurna Foils Ltd. • Archer Metal Ltd. • Biopac India Corpn. Ltd. • Ess Dee Aluminium Ltd. • Flex Art Foil Ltd. • Green Pack Foils Pvt. Ltd. • Hindalco Industries Ltd.
Plant capacity: Household, Food Packaging: 3,000 MT/Annum Grade Aluminium Foil Pharmaceutical Grade Printed : 1,500 MT/Annum Laminated Aluminium Foil Insulation Grade Aluminium Foil: 1,500 MT/Annum Plant & machinery: Rs. 1340 Lakhs
Working capital: -T.C.I: Cost of Project : Rs. 2717 lakhs
Return: 27.00%Break even: 60.00%
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Dairy Farming with Breeding and Dairy Products - Cattle Breeding Farm, Fodder, Livestock Farming, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Feasibility Study

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. In addition to milk, the manure from animals provides a good source of organic matter for improving soil fertility and crop yields. The gobar gas from the dung is used as fuel for domestic purposes as also for running engines for drawing water from well. In Hinduism, cow urine has a special significance as a drink. Sprinkling of cow urine is said to have a spiritual cleansing effect as well. Gomutra is not a toxic waste material. 95% of it is water, 2.5% consists of urea, and the remaining 2.5% is a mixture of minerals, salts, hormones and enzymes. Dairy farming from being traditional family run businesses today has grown hugely to an organized dairy industry with technological specializations in every part of the process.There has been tremendous growth in dairy farming equipment that helps modern dairy farms to manage thousands of dairy cows and buffaloes. This huge boost in the industry has created a lot of farming jobs for the people.The demand for quality dairy products is rising in all over the world specially in developing countries, therefore to improve quality of milk and dairy product Indian dairy Industry needs to identify and address quality related problems at every stage from the producer at the village cooperative, to the dairy plant and the process of final delivery to the consumer.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: Milk: 1,800,000 Ltrs/Annum Curd : 360,000 Ltrs /Annum Butter Milk: 345,600 Ltrs /Annum Cheese: 36,000 kg /Annum Ghee: 14,400 Plant & machinery: Rs. 581 Lakhs
Working capital: -T.C.I: Cost of Project : Rs. 2047 lakhs
Return: 25.00%Break even: 43.00%
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Virgin Coconut Oil

The coconut is the most extensively grown and used nut in the world and the most important palm. The export of coconut and coconut products from India increased by 10.50 per cent to `1450.24 crore in 2015-2016. The increase in quantity exported of desiccated coconut, coconut oil and activated carbon when compared to previous year was 63, 23 and 13 per cent respectively. There are greater prospects for exports of coconut oil, virgin coconut oil and desiccated coconut from India in 2016-17 as the prevailing domestic price is less when compared to the international market.Virgin coconut oil (VCO) is growing in popularity as functional food oil and the public awareness of it is increasing. It is expected that VCO will experience a dramatic growth in the market. The growing demand for virgin coconut oil (VCO) in the international market is expected to directly benefit coconut farmers in the State, with the Coconut Development Board (CDB) initiating steps to help local farmers set up their own large-scale VCO units.The demand for VCO in the international market has increased considerably. In 2013-14, the export of VCO was Rs 5 crore, which increased to Rs 25 crore in 2014-15. This year, we estimate that VCO exports from India would touch Rs 75 crore.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Andhra Pradesh State Civil Supplies Corpn. Ltd. • ConfroAgros Ltd. • Diligent Industries Ltd. • K P L Oil Mills Pvt. Ltd. • Prima Industries Ltd. • Raj Oil Mills Ltd. • Sambandam Solvent Extraction Ltd.
Plant capacity: 720 MT/AnnumPlant & machinery: Rs. 15 lakhs
Working capital: -T.C.I: Cost of Project : Rs. 171 lakhs
Return: 29.00%Break even: 58.00%
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Precipitated Silica from Rice Husk Ash - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Rice milling generates a byproduct known as husk. This surrounds the paddy grain. During milling of paddy about 78 % of weight is received as rice, broken rice and bran.Rest 22 % of the weight of paddy is received as husk. This husk is used as fuel in the rice mills to generate steam for the arboiling process. This husk contains about 75 % organic volatile matter and the balance 25 % of the weight of this husk is converted into ash during the firing process, is known as rice husk ash (RHA). This RHA in turn contains around 85 % - 90 % amorphous silica.Precipitated silica is used as filler for paper & rubber as a carrier & diluents for agricultural chemicals, as an anti-caking agent, to control viscosity & thickness and as a cleansing agent in toothpastes & in cosmetics.Precipitated silica, along with fumed silica, silica sol, and silica gel, is a part of the global specialty silica market. This market is expected to exhibit positive single-digit growth through 2018 and reach a valuation of US$ 7 Bn by 2018. Precipitated silica market, which accounts for around 70% of the global speciality silica market, is also expected to witness steady growth in the next three years. The rising demand for energy efficient products in the automotive industry has resulted in the rapid growth of the global precipitated silica market.The growing toothpaste industry is also a major driver of the global precipitated silica market as precipitated silica is used as a thickening agent it the formulation of toothpaste.As a result of these factors, the global precipitated silica market is expected to expand at a 5.5% CAGR between 2015 and 2023.Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian Major Players are as under • 20 Microns Ltd. • Bharucha Stone & Sand Works Pvt. Ltd. • Insilco Ltd. • Integrated Glass Materials Ltd. • Kiran Global Chems Ltd. • Mines & Rock Products (India) Pvt. Ltd. • Passary Minerals Ltd. • SonalSil-Chem Ltd.
Plant capacity: Precipitated Silica: 3,000 MT/Annum Activated Carbon (by product): 810MT/Annum Sodium Carbonate (by product): 1,200MT/AnnumPlant & machinery: Rs. 526 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 786 lakhs
Return: 27.00%Break even: 55.00%
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Jeans Manufacturing Unit - 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

Jeans are trousers, a type of garment, typically made from denimor dungareecloth. They come in many styles and colors. Jeans are dyed in every color of the rainbow.There are several advantages associated with denim jeans, which emerge when the denim jeans are compared with other types of clothing. It is on the basis of this advantage that people often opt to buy the denim jeans rather than other varieties of clothing (even when some of those others are considerably cheaper).One of those advantages of denim jeans over other types of clothing is in the fact that denim jeans tend to be highly durable. In India most of the denim manufacturers focus on the domestic markets as the value realisation remains higher in domestic market than in export markets.In the recent times the industry has witnessed entrance of new fabric manufacturers which is expected to make the market for denim fabric more price competitive in the coming years. The current domestic demand for denim is estimated at around 400mnmtrs,growing annuallyat around 13.5%. Although there is a slack in the market, it is still expected to grow at nearly 10% annually. The demand is projected to grow to 1,180 mnmtr in 2024-25.Any entrepreneur venture into this field will be successful. Few Indian Major Players are as under • Aarvee Denims & Exports Ltd. • Arvind Lifestyle Brands Ltd. • Ashapura Garments Ltd. • Citi Global Finance Ltd. • Cotton County Retail Ltd. • Everblue Apparel Ltd. • Koutons Retail India Ltd. • Monarch Apparels (India) Ltd. • P J L Clothing (India) Pvt. Ltd. • Spykar Lifestyles Pvt. Ltd.
Plant capacity: Readymede Garment (Jeans) : 120,000 Pcs/AnnumPlant & machinery: Rs. 35 lakhs
Working capital: -T.C.I: Cost of Project : Rs. 415 lakhs
Return: 25.00%Break even: 48.00%
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Medium Density Fiberboard (MDF) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenu

Fiberboard is a type of engineered wood product that is made out of wood fibers. Types of fiberboard (in order of increasing density) include particle board, medium-density fiberboard, and hardboard. Fiberboard, particularly medium-density fiberboard (MDF), is heavily used in the furniture industry. MDF does not contain knots or rings, making it more uniform than natural woods during cutting and in service.However, MDF is not entirely isotropic, since the fibres are pressed tightly together through the sheet. MDF may be glued, doweled or laminated. Typical fasteners are T-nuts and pan-head machine screws. Smooth-shank nails do not hold well, and neither do fine-pitch screws, especially in the edge. Special screws are available with a coarse thread pitch, but sheet-metal screws also work well. Like natural wood, MDF may split when woodscrews are installed without pilot holes. The Indian market for particle board and plywood is estimated in value terms, at over Rs. 37 bn. Of the total market, particle board including medium density fiberboard (MDF) accounts for nearly a quarter of the market. Nearly 85% of the particle board is supplied by the organized sector. Western India has emerged as the leader in the particle board segment.India organized furniture industry is estimated at around USD 8 bn and expected to grow at a CAGR of over 25% annually. As a whole it is a good project for new entrepreneurs to invest. Few Indian Major Players are as under • Bajaj Eco-Tec Products Ltd. • Best Board Ltd. • Century Plyboards (India) Ltd. • Greenply Industries Ltd. • Mangalam Timber Products Ltd. • Nuchem Ltd. • Shirdi Industries Ltd.
Plant capacity: 15,000CBM/annumPlant & machinery: Rs. 1213 lakhs
Working capital: -T.C.I: Cost of Project : RS. 2050 lakhs
Return: 25.00%Break even: 55.00%
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Toughened Glass - 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

It is difficult to conceive the contemporary architecture without glass.Glass is a non-crystalline amorphous solid that is often transparent and has widespread practical,technological, and decorative usage in, for example, window panes, tableware,and optoelectronics.Common glasses contain about 70% SiO2 Sodium carbonate, or soda ash decomposes, to sodium oxides as the batch of raw material melts. Consequentlyit acts as a flux. Toughened or tempered glass is a type of safety glass processed by controlled thermal or chemical treatments to increase its strength compared with normal glass. A fully tempered glass is 4 to 5 times stronger than an annealed glass of similar thickness. The total market of glass was valued at Rs. 60 bn with 80% supplied by domestic producers. The industry is growing at around 8% per annum.India exports about 13,000 tonne of glass per month to the Middle East, African countries, Europe and South America. The rapid increase in the demand for toughened glass in the domestic market has resulted in a cutback in exports by as much as 60% in the last couple of years.Indian glass industry consists as elsewhere of a number of distinct segments: architecture (45% market share), automotive (15% market share), and value added glass (10% market share), mirrors and furniture (15% market share), respectively.The industry is growing at around 15% per annum. Consumption per capita of glass in India is only 1.2 kg compared 15 kg in China, 9 kg in developed countries and 35 kg in the USA.As a whole there is a good scope for new entrepreneur with manufacturing of good quality of product. Few Indian Major Players are as under • Asahi India Glass Ltd. • Atul Glass Inds. Ltd. • Auroplast India Ltd. • Cherry Fashions Ltd. • Floatglass India Ltd. • Gobind Glass &Inds. Ltd. • Gold Plus Glass Industry Ltd. • Gujarat Borosil Ltd. • Gujarat Guardian Ltd. • H N G Float Glass Ltd.
Plant capacity: 384000 Sq.Mt./AnnumPlant & machinery: Rs. 280 lakhs
Working capital: -T.C.I: Cost of Project : Rs. 729 lakhs
Return: 26.00%Break even: 58.00%
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Dal Mill (Pulses)- 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

India is the still by and large vegetarian in dietary habit and heavily depends upon vegetative source to meet out its daily protein requirement. India is bound to be global leader in terms of production and consumer of pulses. Since, India is leading importer of pulses; production of pulse/legume crops has been stagnant over the years. They are the main sources of protein. The important dals in the country are Channa,Moong, Urad, Moth, turdal and Masoor, Matar etc. The pulses are used for preparing hot dishes, sweet dishes and other varieties.Pulses are the important sources of proteins, vitamins and minerals and are popularly known as “Poor man’s meat” and “rich man’s vegetable”, contribute significantly to the nutritional security of the country.India is the largest producer (25% of global production), consumer (27% of world consumption) and importer (14%) of pulses in the world. The dal milling industry in India is one of the major agro processing industries in the country. From an annual production of 13.19 million tonnes of pulse in the country, 75% of these pulses are processed by dal mills.Most of these dal mills are in concentrated parts of India in pulses producing areas such as Indore, Jalgaon, Akola and Nagpur, or in and near by major consumption centres such as Kolkata, Chennai, Mumbai, Hyderabad and Delhi. There are many agricultural universities; ICAR recognized institutions in the country which have played a large role in developing improved dal mills. Some of these institutes are PKV Akola, CFTRI-Mysore, CIAE Bhopal and a handful more. These new and improved dal mills have a de-husking efficiency of approximately 95% and the split pulses yield stands at 80-85% which largely depends on the variety of the pulse and the conditioning of the pulse grain. Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Agrimony Commodities Ltd. • Asian Health &Nutri Foods Ltd. • Bafna Agro Inds. Ltd. • Eco Farms (India) Pvt. Ltd. • Edible Products (India) Ltd. • Kumar Food Inds. Ltd. • Poona Dal & Oil Inds. Ltd. • Tata Chemicals Ltd.
Plant capacity: Pigeon peas: 12,000 MT/Annum Green Gram : 12,000 MT/Annum Chickpeas: 12,000 MT/AnnumPlant & machinery: Rs. 1908 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 3128 lakhs
Return: 28.00%Break even: 53.00%
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PVC Flex Banner - 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

PVC flex is made out of PVC and fabric raw material, specially designed for solvent printing industry. It is suitable for indoor and outdoor printing used in billboard, display, banners and exhibition booth decoration.PVC flex is made out of PVC and fabric raw material, specially designed for solvent printing industry. It is suitable for indoor and outdoor printing used in billboard, display, banners and exhibition booth decoration. Large format digital printing flex media, PVC sheeting for digital printing like front lit flex in various gsm 260 gsm, 280 gsm, 300 gsm, 320 gsm, 340 gsm and 440 gsm and back lit flex in 550 gsm and 610 gsm and also we have vinyl, star flex type media. PVC Flex Banner is widely demanded all across the nation due to their perfect finish, attractive look, superior quality and long life. Flex banner has many advantages, such as light in weight, good mechanical performance, low cost, etc., and it can replace traditional plastic film and other materials in many fields such as advertisement, architecture, agriculture, environmental protection, and transportation etc. These are widely used for indoor and outdoor signage, building signs and in store displays, trade show displays, outdoor displays and screen printing and billboard. These banners are easy to process, install and clean.Billboards currently represent the most popularmode of outdoor advertising accounting for around 50% of the total outdoor advertising market..Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Pioneer Polyleathers Pvt Ltd • Canadian SpecialityVinyls, Inc. • Sunlex fabrics pvt. Ltd • DCP India Private Limited
Plant capacity: 4320000 Nos./AnnumPlant & machinery: Rs. 594 lakhs
Working capital: -T.C.I: Cost of Project : Rs. 938 lakhs
Return: 26.00%Break even: 48.00%
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Thermocol Plates, Cups, Bowls and Glasses - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Thermocol has a particular characteristic: it gives the hand a sensation of velvety softness not experienced in contact with traditional types of plastic. Until recently 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 cups, glass, plates and bowls are manufactured by thermoforming technique. They are fast replacing conventional cups, glass, plates and bowls. 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, bowls 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, bowls and cups business can never comes down. 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 Cups: 30,000 Th.Pcs/Annum Thermocol Glasses : 30,000 Th.Pcs/Annum Thermocol Plates: 100000 Th.Pcs/Annum Thermocol bowls: 100000 Th.Pcs/AnnumPlant & machinery: Rs. 461 lakhs
Working capital: -T.C.I: Cost of Project: Rs. 717 lakhs
Return: 26.00%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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