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

Food processing: Project Opportunities in Assam

 

Profile

Food processing is the set of methods and techniques used to transform raw ingredients into food or to transform food into other forms for consumption by humans or animals either in the home or by the food processing industry. Food processing typically takes clean, harvested crops or butchered animal products and uses these to produce attractive, marketable and often long shelf-life food products. Assam has many agricultural and horticultural products. Assam has a fertile soil conducive to cultivation of fruits and vegetables. So far the fruits and vegetables grown in Assam have been sent by rail or road to other parts of the country, which can be used for processing many kinds of food. Apart from rice mills, flour mills and oil mills, many small establishments of producing biscuits, lozenges, soft drinks and snacks have recently come in the town and commercial centres of the region.

The food processing sector has the potential to grow in Assam with increasing demand for processed food. Opportunities exist in processing, sourcing, setting up cold chains and logistics. The Government of India has approved for setting up a Food Processing Industrial Park at Chaygaon near Guwahati in Kamrup District.

 

Resources

Assam has an abundance of natural resources which are yet to be engaged industriously. The agro-climatic condition of the State favour the growth of a variety of fruits and vegetables/ spices including orange, banana, pineapple, arecanut, coconut, guava, mango, jackfruit, citrus fruits, ginger, turmeric, chillies, potatoes, etc. Until recently, horticulture was practiced as a largely non-commercial activity. However, with better quality planting material, sufficient research support and better know-how, the State could easily be poised for a major boom in the fruit growing and food processing industry. Following are key potential industries to be developed on the core strengths of our state:

•    Multi cropping in agriculture sector

•    Assam is the world’s single largest tea growing region

•    Abundant resource of fresh water,

•    Major varieties of the major fruits grown in Assam are Banana, orange, litchi, pineapple, papaya

•    Assam has abundant productive and diversified water resources to support surplus fish production to feel the growing fish eating population of the state.

•    Livestock is an important component of mixed farming system in Assam as the meat consumption in Assam is high.

The per capita availability of milk is 70gm/day in comparison to the all India figure of 246gm/day.

 

Government policies/ scheme

To fulfil the need for creation of integrated and holistic infrastructure for food processing sector, Ministry of Food Processing Industries (MOFPI) had launched new Schemes in 11th FYP with strong focus on creation of modern enabling infrastructure to facilitate growth of food processing and creation of an integrated cold chain mechanism for handling perishable produce. Under the initiatives of MOFPI for strengthening infrastructure in agro  and food processing sector, it had launched the Mega Food Parks Scheme, Scheme for Cold Chain, Value Addition and Preservation Infrastructure and Scheme for Modernization of Abattoirs in the 11th  Five Year Plan. The Government of India has sanctioned a food processing park with a total project cost of Rs. 5.95 crores. The park is being set up near Chaygaon in the district of Kamrup (rural). The implementing agency for the food processing is Assam Small Industries Development Corporation Ltd.

 

 

 

Medicinal plants: Project Opportunities in Assam

 

Profile

Medicinal plants are various plants used in herbalism and thought by some to have medicinal properties. Medical Plant constitutes an important therapeutic aid in alleviating ailments. Almost 80% of the world population, particularly in the third world are fully dependent on medicinal plants for meeting their health care needs. The herbal medicines today symbolize safety in contrast to the synthetics that are regarded as unsafe to human and environment. In the primeval times, the Indian sagacious held the view that herbal medicines are the only resolution to treat numeral health related problems and diseases. It is becoming more main stream as improvements in analysis and quality control along with advances in clinical research show the value of herbal medicine in the treating and preventing disease. Increasing interest in herbal products has today accelerated the growth of medicinal plant-based industries.

 

Resources

Assam is primarily an agrarian economy, with 74% of its population engaged in agriculture and allied activities. There are over 1500 species of medicinal plants reported so far from India and more than 350 species from Assam. They can not only cure our ailments but can also be a potential source of economic development. Assam with a total geographical area of 78438 sq. km is very rich in land resources. Its vast fertile alluvial tracts and low hills with suitable climatic condition offer excellent condition for utilization of for different uses. Assam is basically an agriculture dependent state. More than 65 per cent of its total area is under agriculture.

Government policies

The provisions of this Environment code of practice (ECP) - Agriculture, comply with the legal requirements and conventions, which govern the collection, cultivation processing, handling, packaging & storage of medicinal plant or its derivatives. Prior to selection of species, the cultivator shall apply for and obtain permission from State Medicinal Plants Boards (SMPB), Government of Assam and National Horticulture Board (NHB). The proof of obtaining clearance shall be a pre-requisite for inclusion as beneficiary in the project. The District Agriculture Officer (DAO) shall be responsible for verification of the same. 

Mineral: Project Opportunities in Assam

Profile

A mineral is a naturally occurring solid chemical substance formed through biogeochemical processes, having characteristic chemical composition, highly ordered atomic structure, and specific physical properties. Common rocks are often made up of crystals of several kinds of minerals. There are some substances, like opal, which have the appearance of a mineral but lack any definite internal structure, are sometimes called "mineraloids". The minerals produced in India constitute one-quarter of the world's most popular mineral resources.

Resources

Assam is endowed with vast mineral resources. Assam is rich in mineral resources like Coal (320 Mn.T.), Limestone (703 Mn.T.), Iron Ore (11 Mn.T) and Granite (1 Bn. Cu. Mtrs) along many more resources like Fireclay, Lithomarge, Fuller's Earth, Sillimanite and Glass Sand. The coal found in Assam has a high sulphur content and high volatile matter content, thereby reducing its coke ability. The most important minerals being exploited so far in Assam are coal, oil and gas, limestone and sillimanite. Limestone with reserves of about 500 million tonnes is another important resource and is available in various grades. The China clay available in the Karbi-Anglong district is a vital input for the ceramics industry and has already spawned a few small plants. Deposits of decorative stone like granite estimated to be more than a billion cubic meters are available in various shades and colours, which have a huge market potential locally and abroad. Opportunities based on minerals are Gasification & Liquefaction of Coal, De-Sulphurisation of Coal, Coal based Power Plant, Coal Bed Methane (CBM) Extraction, Exploration of Oil & Natural Gas and HDPE / LLDPE / Polypropylene basedindustries. Assam has an abundant reserve of petroleum. It takes care of 25% of India's petrol requirement.

Government policies

The  role to be played by the Central and State Governments in  regard  to  mineral  development has  been  extensively  dealt in  the  Mines  and Minerals (Development and Regulation)  Act, 1957  and Rules  made under the Act by  the  Central  Government and  the  State  Governments in their  respective  domains.   The provisions  of  the  Act  and the Rules  will  be  reviewed  and  harmonised  with  the basic features of the new  National Mineral  Policy.  In future the core functions of the State in mining will be facilitation and regulation of exploration and mining activities of investors and entrepreneurs, provision of infrastructure and tax collection.  In mining activities, there shall be arms length distance between State agencies (Public Sector Undertakings) that mine and those that regulate.  There shall be transparency and fair play in the reservation of ore bodies to State agencies on such areas where private players are not holding or have not applied for exploration or mining, unless security considerations or specific public interests are involved. Recently, the Union Government after reviewing the current mining sector, mineral development and keeping in view the availability of the valuable finite resource have announced the National Mineral Policy (NMP))- 2010. Research organisations, including the National Mineral Processing Laboratories of the Indian Bureau of Mines should be strengthened for development of processes for beneficiation and mineral and elemental analysis of ores and ore dressing products. There shall be co-operation between and co-ordination among all organisations in public and private sector engaged in this task.

 

Oil refinery and its products: Project Opportunities in Assam

 

Profile

An oil refinery or petroleum refinery is an industrial process plant where crude oil is processed and refined into more useful petroleum products, such as gasoline, diesel fuel, asphalt base, heating oil, kerosene, and liquefied petroleum gas. Indian Oil group of companies owns and operates 10 out of India’s 20 refineries with a combined refining capacity of 65.7 million metric tonnes per annum (MMTPA, .i.e. 1.30 million barrels per day approx.). Indian Oil and its subsidiaries account for 47% petroleum products market share. The companydistributes its products directly to bulk customers and to retail customers via a network of retail outlets and dealers/distributors. The Indian oil and gas sector is one of the six core industries in India and has very significant forward linkages with the entire economy. Oil and Natural Gas Corporation Limited (ONGC) and Oil India Ltd. (OIL) are the two National Oil Companies (NOC)s.

Resources

Assam has the oldest refinery in the country which started commercial production in 1901. Assam was the first state in the country where in 1889 oil was struck at Digboi in Tinsukia district. The refinery, now belonging to the Assam Division of the Indian Oil Corporation, has a refining capacity of 3 lakh tonnes of petrol, kerosene, diesel and other petroleum products.         

The second refinery in Assam was set up at Noonmati in Guwahati under the public sector. It started production in 1962. It produces liquified petroleum gas (LPG), petrol, kerosene, diesel, furnace oil, coke etc. The third refinery in the region was established at Dhaligoan near Bongaigaon in 1962. It is known as Bongaigaon Refinery and Petro-Chemicals Limited (BRPL).  The fourth refinery in the state was established at Numaligarh of Golaghat district in 1999, with a refining capacity of 3 million tonnes of oil and other products.

Government policies

The oil ministry has empowered state-run exploration firms ONGC and Oil India to choose customers for gas produced from small fields where output is less than 0.1 million standard cubic meters per day, which would reduce bureaucratic delays and help companies generate revenue expeditiously. Oil India Limited (OIL), a Government of India Enterprise, under the administrative set-up of Ministry of Petroleum and Natural Gas, is engaged in the business of exploration, production and transportation of crude oil and natural gas. The growing demand for crude oil and gas in the country and policy initiative of Government of India towards increased E&P  activity, have given a great impetus to the Indian E&P industry raising hopes of increased exploration. The government in order to increase exploration activity approved the New Exploration Licensing Policy (NELP) in March 1997 which would level the playing field in the upstream sector between private and public sector companies in all fiscal, financial and contractual matters. There will be no mandatory state participation through ONGC/OIL nor there did any carry interest of the government.  

 

 

 

Tea: Project Opportunities in Assam

 

Profile

 

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

 

Resources

 

Assam is the largest producer of tea in India. Assam tea is well known for its distinct quality, especially for its strong liquor, rich taste and colour. Of the agriculture-based industries, tea occupies an important place in Assam. In Assam, tea is grown both in the Brahmaputra and Barak plains. Tinsukia, Dibrugarh, Sibsagar, Jorhat, Golaghat, Nagaon and Sonitpur are the districts where tea gardens are mostly found. Assam produces 51% of the tea produced in India and about 1/6th of thetea produced in the world. In 1970, the Guwahati Tea Auction Centre was established for better marketing of the tea produced in the region. This is the world's largest CTC tea auction centre and the world's secondlargest in terms of total tea. It now auctions more than 150 million kg of tea valued at more than Rs 550.00 crores annually. Tea industry has contributed substantially to the economy of Assam. About 17 percent of the workers of Assam are engaged in the tea industry.

Government policies

 

The Government of India has created a Special Purpose Tea Fund (SPTF) which is meant for rejuvenation of tea bushes. This will benefit about 700-800 tea gardens of the state. In an important policy decision – the Government has decided to secure a geographical indication for the tea produced in the state. ‘Assam Tea’ will be known as ‘Assam Orthodox Tea’ once the geographical indication is secured, thus making it an exclusive commodity and raising its stakes in the global market.

 

Plastic: Project Opportunities in Assam

 

Profile

Plastics are the most rapidly growing sector of the materials industry. The material is gaining notable importance in different spheres of activity and the per capita consumption is increasing at a fast pace. Continuous advancements and developments in polymer technology, processing machineries, expertise and cost effective manufacturing is fast replacing the typical materials in different segments with plastics.  Plastics play a very important role in our daily lives. Throughout the world the demand for plastic, particularly plastic packaging, continues to rapidly grow. India's plastics processing sector will grow from 69,000 machines to 150,000 machines by the year 2020. India's demand for plastics in irrigation alone is pegged to cross 2.5 million tonnes by 2015. Indian automobile industry is growing at more than 18% p.a. and is hungry for plastics. The plastics processing industry is a source of great potential for global businesses.

Resources

With the Assam Gas Cracker Project, also known as the Brahmaputra Crackers and Polymers Ltd (BCPL), due to come up by 2012, the Assam government has put its focus on promoting and attracting plastic-based downstream industries. For the state, coming up of downstream industries in large numbers as a result of the Gas Cracker Project would not only bring in large amount of investments, but would generate huge employment opportunities.

Government policies

The government has acquired 1,500 bighas of land in Tinsukia in upper Assam for setting up a plastic park, which would be the first in North-East. Bordoloi told Business Standard that the government would form a special purpose vehicle (SPV) in association with private players to implement the plastic park. He added that the SPV will be formed in two to three months. The government has already released Rs 10 crore for the park.

 

 

Power: Project Opportunities in Assam

 

Profile

The power industry is responsible for the production and delivery of electrical energy in sufficient quantities via a power grid. Given the demand for electricity is uniform across all domestic, industrial and commercial operations, power is viewed as a public utility and basic infrastructure. The electrical power industry is commonly split up into four processes, namely, electricity generation (e.g. power station), electric power transmission, electricity distribution and electricity retailing. In many countries, electric power companies own the whole infrastructure from generating stations to transmission and distribution infrastructure. For this reason, electric power is viewed as a natural monopoly and is thus heavily regulated.

Resources

Assam has made much improvement in power generation. It has a number of coal based thermal plants to produce electric power. There is no dearth of coal mines in the state. This ensures that the supply of coal to these plants is uninterrupted. In recent years, several thermal power plants in Assam are in operation. These have tackled most of the earlier problems. The Assam thermal plants are aiming to generate enough electricity for the entire state. Some of the major Assam power plants are: Namrup Thermal Power Station (NTPS).It is managed by the Assam State Electricity Board (ASEB). It has a power generation capacity of 134MW. The NTPC (National Thermal Power Corporation) is investing more money in thermal power generation in Assam. Some of the upcoming Assam thermal power plants are Assam Power Generation Company Ltd., The existing Assam Thermal Power Plants are being expanded to help in the production of more electric energy.

Government policies

The Government is committed to ensure uninterrupted quality power supply by way of dedicated feeders from Grid Substation of Power distribution companies to all the Industrial Estates/Parks. Private Industrial Estates will be allowed to install Captive Power Plant to generate and distribute within such Industrial Estates/ Parks subject to provision of the Electricity Act, 2003 and rules there under. At the same time the State would encourage Private Power Generators to set up Power Plants. Assam is poised to have surplus quality power in the near future through the National Power Grid which is in advanced stage of implementation. Power sector in Assam has received the assistance from Asian Development Bank. Investment has been made in the sub-transmission and distribution sector. Power supply to Assam is ensured from Central Generating Stations owned by Corporations under the Government of India.

 

 

Cottage industry: Project Opportunities in Assam

Profile

A cottage is a farmhouse usually in rural areas. A cottage industry is a small self-help industry that is carried out in the home, community centre, parish hall or some other convenient place. Such industries are evident in handicrafts, catering, tailoring, dressmaking, beauty culture, retailing of dry goods, pottery and furniture making on a small scale. Cottage industries developed mainly out of the need for an additional source of income, because of the need to use one's spare time gainfully and because of the relative ease of acquiring the necessary raw materials to set up such industries.

Resources

Assam was traditionally famous for its cottage industry, especially spinning and weaving. Pat or pure silk production is essentially confined to Assam. Assam produces about 10% of total natural silk of India. Assam also produces Muga, the golden silk. Assam is also the main producer of Eri or Endi. Weaving is an important cottage industry of Assam. It is a traditional industry which can be traced back to very ancient times. There are about 7,00,000 looms in Assam, where majority are primitive foot looms. Only some looms of Sualkuchi, used for commercial production of silk cloth, are powered. Bell-metal work is a traditional cottage industry of Assam. The products made of bell-metal are traditional plates, cups, tumblers, pitchers, bowls, Sarai (a tray with a stand), dwarf pitchers, pots, hookahs and musical instruments. Brass-work is also an important traditional handicraft of Assam. Brass articles are produced not only for day-to-day use, but also for interior decoration. The total production of marketable finished goods annually is about300 tonnes.

Government policies

The Assam Preferential Stores Purchase Act, 1989 (to replace the Assam Preferential Stores Purchase Rules, 1972) enactment is aimed to encourage growth of industries in the State and to implement the Industrial Policy announced and published by the Govt. of Assam vide Notification No. CL 586/85 dated 24th December, 1986. Objectives of this enactment is to encourage small scale and cottage industries by preferential purchase of their products, to rationalize the procedure for purchase of stores required by the State Government, companies and undertakings, Small Industries, Khadi and Cottage industries registered under this Act shall be exempted from payment of earnest money and security deposit for items in respect of which the units are registered.

 

Tourism: Project Opportunities in Assam

Profile

Tourism has become an important industry in many countries of the world, both in the east and the west. Various initiatives are being taken by the Government and other organizations to promote tourism here.

Resources

Every year the number of visitors to Assam has been steadily increasing. The state has unparalleled tourist attractions like wildlife sanctuaries, adventure tourism, eco-tourism, hill stations, lakes and places of historical heritage. There are five national parks; Kaziranga, Manas, Nameri, Dibru- saikhowa, Orang and fifteen wildlife sanctuaries in Assam named; Gibbon, Garampani, Burachapari, Bornadi, Sonai-Rupai, Pobitora, Panidehing, Bherjan, Nambor, North-karbi-anglong, East-karbi-anglong, Laokhowa, Charkarasila, Marat-Longri, Nabbor-Doigurang, Borail and Amchang. The famous species of one horned rhino is found only in Assam. It has many Golf Fields and offers a huge potential in sports tourism. Assam's natural landscape, lush green forests, wild life sanctuaries, pilgrimage spots and tea gardens offer a wide choice to cater to the tastes of a variety of tourists from the casual sightseer to the adventure tourist. With the withdrawal of the Restricted Area Permit (RAP), tourism is poised for a major boom. 

 

Government policies

The Government of Assam came up with the Assam Tourism Policy2008 with the following objectives:

•        To place tourism sector on a high priority in the economic development of the state.

•        To harness tourism potentials to make it environmentally sustainable, socially culturally enriching and economically beneficial.

•        To create awareness and evolve suitable institution arrangement for effective participation of the people.

•        To improve quality of the existing tourism products.

•        To promote infrastructure of international standard.

•        To devise long term human resource development strategy.

•        Encourage Public-Private Partnership in tourism development.

The Assam Tourism Policy, 2008 has added to the enthusiasm amongst the entrepreneurs and has also attracted big players like Indian hotels Company Ltd (Taj group) to set up a 5 star hotel in Guwahati. Many more such projects are in the pipeline. Guwahati airport has emerged as one of the busiest airports in the country with almost all domestic airlines connecting Guwahati and other airports of the state virtually to most of the major metros of the country.

 

Agriculture: Project Opportunities in Assam

 

Profile

While most other states in India are gradually moving away from their traditional agriculture-based economy toward industry or service-oriented economy, Assam is still heavily dependent on the agricultural sector. Today, India ranks second worldwide in farm output. Agriculture and allied sectors like forestry and fisheries accounted for 16.6% of the GDP in 2009, about 50% of the total workforce. The economic contribution of agriculture to India's GDP is steadily declining with the country's broad-based economic growth. Still, agriculture is demographically the broadest economic sector and plays a significant role in the overall socio-economic fabric of India.

Resources

Assam Agriculture is the primary sector in the state's economy. The socio-economic condition of Assam largely depends on its agricultural production.  Assam produces both food and cash crops. The principal food crops produced in the state are rice (paddy), maize (corn), pulses, potato, wheat, etc., while the principal cash crops are tea, jute, oilseeds, sugarcane, cotton, and tobacco. Although rice is the most important and staple crop of Assam, its productivity over the years has not increased while other crops have seen a slight rise in both productivity and land acreage.

Government policies

The Government of Assam in consonance with    the       National Agriculture Policy laid down few policy objectives in the Agriculture Sector. Those include:

·         The Agriculture and allied sector grows at the rate of 4 p.c. per annum for the next decade to provide food security and to improve the nutritional intake of the people of the State as well as significantly decrease the population below the poverty line.

·         To increase the productivity of all major crops, particularly that of rice, wheat, pulses and oil seeds.

·         To increase the cropping intensity in the sector through increase in irrigation facilities as well as giving a boost to mechanization in the State, to make it at par with the rest of the country by the end of the 10th plan.

·         To diversify into other crops, specially wheat, oilseeds, and partly pulses, as well as improve production of horticultural crops.

·         As the bulk of the population in the State lives in the rural area and most of the people are dependent on Agriculture and allied sectors for their livelihood, the Government sees this sector as the engine for growth of the economy in the long run and wishes to treat the Agriculture Sector as an area of maximum employment generation in the State.

·         Since the resources at the disposal of the State are limited, the endeavour will be to converge the resources available under various Government schemes like SGSY and PMGSY etc. to ensure that funds are spent keeping in view the long term growth of the Agriculture and Allied Sector in the State.

 

Waste management: Project Opportunities in Assam

PROFILE:

Waste utilization, recycling and reuse plays a major role in limiting resource consumption and the environmental impact of waste. Recycling is an integral part of any waste management system as it represents a key utilization alternative to reuse and energy recovery (Waste-to-Energy). Which option is ultimately chosen depends on the quality, purity and the market situation. Hazardous waste management is a new concept for most of the Asian countries including India. The lack of technical and financial resources and the regulatory control for the management of hazardous wastes in the past had led to the unscientific disposal of hazardous wastes in India, which posed serious risks to human, animal and plant life.

 

RESOURCES:

The Guwahati City generates over 300 MT of Municipal Solid Waste (MSW) on a daily basis and has almost 639 Kms street length. Guwahati Municipal Corporation (GMC), which provides municipal services to 8.2 Lakhs citizens of Guwahati city, is desirous to select a suitable developer/ private operator to establish a viable & environmentally sustainable integrated municipal waste management system through a suitable mechanism to manage the collection, transportation, processing and disposal.

GOVERNMENT POLICIES:

National policy on waste management is set out in the October 1998 policy statement on waste management - Changing our Ways. It outlines the Government's policy objectives in relation to waste management, and suggests some key issues and considerations that must be addressed to achieve these objectives. The policy is firmly grounded in an internationally recognised hierarchy of options, namely prevention, minimisation, reuse/recycling, and the environmentally sustainable disposal of waste which cannot be prevented or recovered.

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Investment Opportunities in Business of Surgical Hand Gloves. Rising Demand of Surgical Hand Gloves in Covid-19 Pandemic.

Surgical gloves are an essential element of a surgeon's or physicians daily attire. The purpose of these gloves is to keep both the health care professional and the patient safe from hazardous infections and pollutants. Gloves must be discarded after each usage to keep doctors and surgeons safe from disease transmission. Surgical gloves' principal function is to act as a protective barrier between healthcare workers and patients during surgical procedures, preventing disease transmission. A sterile glove that is worn to protect the hand from potentially infectious items and to prevent contamination of the patient during invasive operations. Surgical gloves with novel materials such as polyisoprene are currently on the market, however surgeons continue to choose latex for surgical gloves. Surgical gloves with a polymer inside layer are available to make wearing gloves easier whether your hands are wet or dry. Other enhancements include under-glove indications that are utilised while double-gloving to notify surgeons of impending glove punctures. Surgical gloves for antisepsis are standard practise in all medical facilities. Surgical gloves, on the other hand, have been used for a variety of purposes in the field of plastic and reconstructive surgery, in addition to antisepsis. Surgical gloves, on the other hand, have been used for a variety of purposes in the field of plastic and reconstructive surgery, in addition to antisepsis. Surgical gloves are commonly used by doctors, nurses, carers, dentists, and other healthcare professionals. Gloves should be worn during any patient-care activities that could expose them to blood or other bodily fluids (including contact with mucous membranes and non-intact skin), as well as during contact precautions during outbreaks. Gloves are a waste of resources when they are not required, and they do not contribute to a reduction in Cross-transmission. Market Outlook: The Surgical Gloves Market was valued at over USD 2 billion in 2019 and is expected to increase at a CAGR of over 10.5 percent between 2020 and 2026. The growing prevalence of communicable illnesses is driving the global surgical glove market. Some of the primary drivers driving market expansion include an increase in the number of surgical procedures performed around the world, as well as an increase in the rates of numerous chronic and acute diseases, as well as increased worries about cross contamination. The demand for surgical gloves will be driven by the growing geriatric population, which is prone to chronic ailments and may require surgery as a result. The market for surgical gloves is expected to rise due to factors such as an increase in the number of surgical procedures performed globally and an increase in the number of occurrences of healthcare-associated infections. Surgical Hand Gloves Market Growth in COVID-19: The surgical gloves market is a vibrant industry with tremendous company development potential, but the present COVID-19 conditions have produced uncertainty in forecasts, alterations in short-term planning goals, and a focus on near-term cost management and long-term complexity management issues. Profit pool growth in the Surgical Gloves market varied greatly in 2020, as firms swiftly aligned their strategies to the existing market conditions mostly succeeded. The COVID-19 pandemic has emerged as the world's most serious threat. This challenge will be worrisome, especially for underdeveloped countries around the world, as it would result in lower imports owing to global trade disruptions. Surgical gloves, on the other hand, had a large surge in demand during the early stages of the COVID-19 crisis, owing to a shift in client purchase habits for personal protective equipment.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Production of Essential Oil from Lemon Grass

One of the most important essential oils is lemongrass oil. Citral, the oil's most important ingredient, is extracted in large quantities. Citral is the raw ingredient used to make the most significant ion compounds (a series of aromatics with a powerful violet odour). Lemongrass essential oil contains vitamins A, B1, B2, B3, B5, B6, folate, and vitamin C, among others. Magnesium, phosphorus, manganese, copper, potassium, calcium, zinc, and iron are among the minerals found in it. Lemongrass is a grass that belongs to the Poaceae family. Lemongrass is also known as Cymbopogon, a genus of grasses that includes roughly 55 species. The skin-healing effects of lemongrass essential oil are one of its benefits. Lemongrass oil can aid to strengthen hair follicles, reduce hair loss, and soothe itchy and irritated scalps. Lemongrass oil is known to repel bugs like mosquitoes and ants due to its high citral and geraniol content. Lemongrass is one of many essential oils that can help with anxiety. Lemongrass oil has the capacity to treat muscle aches, cramps, and spasms, among other things. It might also aid with circulation. Lemongrass oil's health benefits are becoming more widely known, which is propelling the global industry forward. Individuals' growing preference for alternative remedies is resulting in an increase in the popularity of lemongrass among customers. Furthermore, the growing popularity of aromatherapy and the expanding availability of aromatherapy candles, diffusers, and oils are driving the worldwide lemon grass market forward. In addition, increased demand for lemongrass oil in the pharmaceutical and cosmetic industries is expected to enhance global market growth in the near future.
Plant capacity: Lemon Grass Oil (10 ml Size Pack) 1,334 Ltrs per Day Citral (as by Product) 100,000.0 Ltrs per DayPlant & machinery: 43 Lakhs
Working capital: -T.C.I: Cost of Project: 607 Lakhs
Return: 34.60%Break even: 69.69%
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Industry of Silicone Sealants (Acetic, Natural, MS & PU Types)

Silicones are a broad category of speciality, high-performance materials that include reactive silanes, silicone fluids, and silicone polymers. They're employed in a wide range of consumer and industrial applications. Silicone sealant is a type of adhesive that comes in a liquid form. It usually has the appearance, feel, and behaviour of a gel. It is chemically distinct from other organic polymer-based adhesives. Sealants are commonly chosen because of their capacity to fill gaps, prevent relative substrate movement, and exclude or enclose another substance. Sealants are commonly chosen because of their capacity to fill gaps, prevent relative substrate movement, and exclude or enclose another substance. They have a lower strength than adhesives, but they are more flexible. Sealants are also used as electrical and thermal insulators, fire barriers, and smoothing, filleting, and faying materials. A sealant serves three primary purposes, regardless of the application: 1. It is used to bridge the gap between two or more substrates. 2. It creates a barrier due to the sealant's physical qualities as well as its adhesion to the substrate. 3. It retains its sealing ability over the projected lifetime, service conditions, and environmental conditions. Silicone sealants are viscous polymers used in a range of industries as sealants. These sealants differ from typical adhesives in terms of elasticity and strength. The emerging nations' expansion of the automotive and transportation sectors, as well as the building and construction sectors, will provide significant growth prospects for the silicone sealants market. For example, infrastructure construction in Asia was valued at USD 1,030.7 billion in 2018 and is expected to grow at an annual rate of 8.9% through 2023, reaching USD 4,622.3 billion. Through 2027, rising construction activity in the region as a result of growing urbanization and industrialization may support silicone sealants market trends.
Plant capacity: Silicone Sealant 300 ml Plastic Cartridges 2,666.7 Packs per day Silicone Sealant 300 ml Aluminium Foil Packages 2,666.7 Packs per dayPlant & machinery: 27 Lakhs
Working capital: -T.C.I: Cost of Project: 283 Lakhs
Return: 30.19%Break even: 75.69%
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Investment Opportunities in Business of Adhesive (Fevicol Type)

Any non-metallic substance applied to one or both sides of two separate items that binds them together and prevents their separation is known as adhesive, also known as glue, cement, mucilage, or paste. Adhesives have some advantages over conventional binding processes like sewing, mechanical fastenings, and welding. These advantages include the capacity to bind diverse materials together, a more efficient stress distribution across a joint, the cost-effectiveness of a simple mechanised process, and increased design freedom. Adhesives are usually categorised by adhesion mechanism, then reactive or non-reactive, which relates to whether or not the adhesive chemically reacts to harden. Alternatively, they might be classified according to their first physical phase or if the basic material is natural or synthetic. Physical Properties: • High cohesive strength is desirable. • Adhesion to a range of substrates allows bonding of incompatible materials if necessary. • By flexing with peel tension, flexibility promotes peel strength. • The substrate's and adhesives high elastic modulus resists stress at the bond line. • The adhesive's high damping ability distributes dynamic stresses such as vibration, motion, and impact across the bond, as well as peel stresses at the bond line. The Indian adhesives market is predicted to develop at a CAGR of 6%, owing to technological improvements and increased infrastructure. The adhesives market in India will increase as a result of macroeconomic variables such as low per capita consumption and rising disposable income. Paper and packaging, medical and hygiene, as well as consumer and construction, will all enjoy growth in the worldwide adhesives and sealants market from 2019 to 2021. Few Indian Major Players 1. D H Resins & Chemicals Pvt. Ltd. 2. D I C India Ltd. 3. F C L Technologies & Products Ltd. 4. Feroke Boards Ltd. 5. Golden Chem-Tech Ltd. 6. Henkel Adhesives Technologies India Pvt. Ltd. 7. Konar Organics Ltd. 8. Leela Packagings Ltd.
Plant capacity: Adhesive (Fevicol Type) 10.0 MT per DayPlant & machinery: 17 Lakhs
Working capital: -T.C.I: Cost of Project: 161 Lakhs
Return: 26.70%Break even: 65.62%
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Production of Bicarbonate Cartridge Acid Concentrate Hot Disinfectant Cold Disinfectant

When mixed with acid concentration and pure water, a Bicarbonate Cartridge containing sodium bicarbonate powder creates fresh dialysate online. Fast and simple to load, with a variety of cartridge volumes to meet various treatment times. Liquid acid concentrations in a ready-to-use form for use with bicarbonate concentrate powder. When coupled with bicarbonate concentrate and pure water, nipro acid concentrates make it simple to make fresh online dialysate. Heat Disinfection is the thermal destruction of pathogenic and other bacteria. Disinfection is a safer alternative to sterilization. It kills the majority of pathogenic germs, although it doesn't necessarily kill all microbial types. A disinfecting solution that is effective for the patient, equipment, and operators. It works in all kinds of dialysis devices. All microorganisms, including viruses, bacteria, spores, fungus, and even the most resistant species, are killed by the cold disinfection solution. Due to the rigorous procedures involved in hemodialysis therapy, hospitals and diagnostic centers retain a dominant position in the market. As a result, end users account for a large percentage of the entire bicarbonate cartridge industry. However, the continued usage of dialysis machines around the world will create a significant growth opportunity for bicarbonate cartridge-based versions.
Plant capacity: Bicarbonate Cartridge 720 166.7 Nos. per day Bicarbonate Cartridge 650g 500.0 Nos. per day Acid Concentrate 666.7 Nos. per day Hot Disinfectant 33.3 Nos. per day Cold Disinfectant 33.3 Nos. per dayPlant & machinery: 53 Lakhs
Working capital: -T.C.I: Cost of Project: 1153 Lakhs
Return: 25.28%Break even: 35.25%
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Lucrative Business of IV Fluids (BFS Technology)

Intravenous fluids are fluids that are supplied intravenously, or directly through the circulatory system, to a patient. When a person's bodily fluid volume drops, they are given fluids. A drop in fluid volume can be caused by a variety of factors. Intravenous fluids are divided into two categories. Crystalloids, such as saline solutions, contain a solution of water-soluble molecules. • Electrolyte metabolism and treatment of waste water, especially in extreme cases. • Treatment for acid-base imbalances. • Volume substitution and replacement in the surgery of an accident victim who has lost blood. • Dextrose solution is utilized during the postoperative period when sodium extraction is reduced, and it is used for severally unwell and post-operative patients. The global intravenous solutions market is estimated to reach USD 18.9 billion by 2028, with a compound annual growth rate (CAGR) of 7.9% from 2021 to 2028. The market is likely to be driven by a rising incidence rate of chronic diseases such as cancer, an increase in the number of premature births, and a lack of I.V. solutions in the United States. Severe dehydration is one of the most common uses for intravenous (IV) fluids. In disorders like diarrhoea, severe dehydration occurs as a result of the body's fluids being depleted. The continuing COVID-19 epidemic is likely to boost the market's performance. Due to the significant intake of patients infected with severe acute respiratory syndrome coronavirus 2, intensive care units (ICU) around the world are either at maximum capacity or overcrowded (SARS-CoV-2).
Plant capacity: IV Fluids (500 ml Size Bottle) 100,000.0 Bottles per dayPlant & machinery: 751 Lakhs
Working capital: -T.C.I: Cost of Project: 1277 Lakhs
Return: 26.48%Break even: 54.19%
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Start Manufacturing Plant of Menthol Crystal

Menthol is a crystalline white substance. It can be made from natural sources or synthetically. The melting temperature of natural or synthesised laevo menthol is between 41 and 44°C, making it only therapeutically active. Some manufacturers categorise crystals based on their shape and size, and thus use a variety of terms, such as bold crystals, medium crystals, medium extra crystals, and medium extra-large crystals. Menthol crystals are excellent inhalants in and of themselves, and they're simple to use into recipes. It can be used as a natural insecticide, which means it can be used in the garden when other insects or honey are present. 1. Menthol is a hair growth stimulant that can be used by combining menthol crystals with hair oil. 2. Menthol crystal is also useful for sunburns; when blended with aloe vera gel, it soothes sunburns. 3. It removes dark sports and minimises black and white heads. 4. Menthol inhibits the spread of plague or kills germs that can cause gingivitis. Menthol crystals are obtained primarily from natural sources, and as a result, they are rising in popularity in both developed and developing countries. The expansion of natural based products from many industries is being pushed by manufacturers' increasing focus on natural and sustainable products. The cosmetics sector is highly regulated, thus natural-based raw ingredients are in great demand when producing cosmetics. In the next years, this is projected to drive the menthol crystals market. Few Indian Major Players 1. Bhagat Aromatics Ltd. 2. Everest Flavours Ltd. 3. Halcyon Life Sciences Pvt. Ltd. 4. Jindal Drugs Pvt. Ltd. 5. Malik Polychem Ltd. 6. Rupangi Impex Ltd. 7. Sharp Mint Ltd. 8. Swati Menthol & Allied Chemicals Ltd.
Plant capacity: Menthol Crystal 1,000.0 Kgs per day Dmentha Oil 333.3 Kgs per dayPlant & machinery: 196 Lakhs
Working capital: -T.C.I: Cost of Project: 643 Lakhs
Return: 28.87%Break even: 52.17%
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Emerging Business of Surgical Methylated Spirit (Denatured Alcohol/Surgical Spirit)

Methylated spirits is a colourless, transparent liquid that is used in a range of industrial and domestic applications. Methylated spirits have a boiling point of 78°C and a flashpoint of 11°C. Because they contain a denaturant that prohibits them from being eaten, methylated spirits are also known as denatured alcohol. The methylated spirits from Sydney Solvents are made up of 99 percent methylated spirits and 1% bitrex. If the methylated spirits did not contain denaturant, it would be classified as ordinary alcohol that is safe to consume. • As a common home remedy for sterilising and hardening the skin, especially on the feet of hill hikers and runners to prevent blisters. • When learning to play stringed instruments like the guitar or cello, to "toughen up" sensitive skin on the fingertips. • To treat and prevent bed sores in people who are confined to their beds. • Surgical Spirit tightens, hardens, and disinfects the outer layer of skin for the treatment of minor wounds and abrasions, acting as a disinfectant and leaving the skin bacteria-free. Surgical spirits can be used to destroy bacteria, viruses, and fungi. They have the ability to penetrate the lipid layer of the bacteria cell wall, causing damage to the cell membrane and the destruction of the organism's internal components. Surgical spirits, on the other hand, are antiseptics but not sterilisers because they do not kill bacterial spores. As a result, they're fine for regular use and modest medical treatments, but they're not up to the task of cleaning instruments. Surgical spirits can be used to treat cuts and as a household disinfectant. Surgical spirits are ethanol solutions that contain methanol and other harmful ingredients that make them unfit for human ingestion. Few Indian major players 1. Adroit Pharmaceuticals Pvt. Ltd. 2. Bajaj Hindustan Sugar Ltd. 3. Bhalkeshwar Sugars Ltd. 4. Deepak Fertilisers & Petrochemicals Corpn. Ltd. 5. Sharayu Agro Inds. Ltd.
Plant capacity: Surgical Methylated Spirit 1 Ltr Size Bottle 4,000.0 Nos. Per Day Surgical Methylated Spirit 5 Ltr Size Bottle 480.0 Nos. Per Day Surgical Methylated Spirit 20 Ltrs. Size Cans 80.0 Nos. Per DayPlant & machinery: 79 Lakhs
Working capital: -T.C.I: Cost of Project: 265 Lakhs
Return: 27.53%Break even: 54.72%
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Start a E-Waste Recycling Plant Waste Electrical & Electronic Equipment (WEEE)

Electronic wastes, often known as "e-waste," "e-scrap," or "Waste Electrical and Electronic Equipment," or "WEEE," are surplus, obsolete, defective, or abandoned electrical or electronic devices. Electronic garbage, often known as e-waste, refers to obsolete electronic devices such as computers, laptops, televisions, DVD players, mobile phones, and MP3 players. End-of-life information- and telecommunications equipment, as well as consumer devices, are frequently regarded as e-waste in a narrower sense. Electronic garbage, on the other hand, is officially a subset of WEEE (Waste Electrical and Electronic Equipment). The global e-waste management market was valued at $49,880 million in 2020, and is expected to grow at a CAGR of 14.3% from 2021 to 2028, to reach $143,870 million by 2028. The ever-increasing demand for rare metals, combined with their scarcity, has resulted in a rapid rise in their cost. Metals like this must be collected from e-waste and reused in another process. For example, roughly 250 kilogrammes of silver, 24 kg of gold, and nine tonnes of copper can be recovered from one million mobile phones in e-waste. This also helps manufacturers build lower-priced electrical gadgets and obtain a cost advantage over competitors. Few Indian Major Players 1. E-Parisaraa Pvt. Ltd. 2. Ecocentric Management Pvt. Ltd. 3. Greenscape Eco Mgmt. Pvt. Ltd. 4. Navrachna Recycling Pvt. Ltd. 5. Sims Recycling Solutions India Pvt. Ltd.
Plant capacity: Plastic 1.60 MT per day Ferrous Material 1.00 MT per day Aluminium 0.70 MT per day Glass 1.00 MT per day Copper 0.70 MT per dayPlant & machinery: 86 Lakhs
Working capital: -T.C.I: Cost of Project: 314 Lakhs
Return: 27.47%Break even: 60.15%
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Manufacturing Business of Paprika Oleoresin

Paprika oleoresin (also known as paprika extract or oleoresin paprika) is an oil-soluble extract derived from the fruits of Capsicum annuum or Capsicum frutescens that is largely used as a food colourant and/or flavouring. It's made up of vegetable oil (usually between 97 and 98 percent), capsaicin (the main flavouring element that gives it pungency in higher quantities), and capsanthin and capsorubin (the main colouring compounds) (among other carotenoids). Because it includes a high concentration of Vitamin E, paprika oleoresin aids in the production of red blood cells in the body. It also aids in the quick healing of wounds. Treats Skin Issues: Paprika oleresin has antibacterial characteristics, making it beneficial against any skin problem caused by bacterial infection, such as acne. Supports Healthy Digestion: Paprika oleoresin may aid digestion by boosting saliva and stomach acids, which aid in the breakdown of food and the availability of nutrients for energy. Natural resinous plant extractions are referred to as oleoresins. Aromatic liquid preparations formed from a mixture of plant matter extraction and solvents (i.e. r) are another name for them. Oleoresins' non-volatile components define the colour, flavour, and other characteristics of the raw material. The global oleoresins market is expected to be worth USD 1.2 billion in 2019 and USD 1.7 billion by 2025, growing at a CAGR of 6.0 percent between 2019 and 2025. Oleoresins are essential oil and resin component plant extracts. They contribute to the flavour and perfume of the plant from which they are derived. Oleoresins are volatile or non-volatile chemicals that are extracted from spices with the help of solvents.
Plant capacity: Paprika Oleoresin 160.0 Kgs Per Day Paprika Spent 1,093.3 Kgs Per DayPlant & machinery: 395 Lakhs
Working capital: -T.C.I: Cost of Project: 1700 Lakhs
Return: 29.32%Break even: 57.23%
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  • 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
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