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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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How to Start Activated Carbon from Rice Husk, Saw Dust & Coconut Shell Industry | Activated Carbon from Rice Husk, Saw Dust & Coconut Shell Production Business

An organic material with a large surface area is activated carbon. Typically, it is made from sawdust, bamboo, and coconut shell. The treatment of drinking water, wastewater, and air pollution can all benefit from the activated carbon's ability to absorb pollutants in water. Additionally, it eliminates offensive tastes and odours from the food business. Visit this Page for More Information: Start a Business in Activated Carbon Industry Uses and Applications: A porous substance with a lot of surface area, activated carbon may absorb gases and volatile substances. The variety of target molecules that activated carbon products adsorb or react with, as well as their possible applications, are varied. Watch Video: Activated Carbon from Rice Husk, Saw Dust & Coconut Shell Based Industry Business Plan Filters made of activated carbon are used to purify the air by capturing pollutants such dust, smoke, bacteria, and chemical vapours. Because activated charcoal absorbs radioactive materials, it is utilized to make clothing that protects against radiation exposure. Related Business Plan: Set Up Activated Carbon From Rice Husk, Saw Dust & Coconut Shell Manufacturing Business Plan Manufacturing Process: There are four distinct stages to the production of activated carbon. The first step involves pyrolyzing coconut shell and sawdust to produce activated carbon. At this point, char particles are created by heating the raw materials to 400 degrees Celsius in a sealed container. The second stage, which takes about an hour, involves turning the char particles into activated carbon using steam at 900 degrees Celsius and pressures of 2-3 bars. Until all of the raw material is transformed, char particles are continuously fed into the reactor. Download PDF: Start Activated Carbon from Rice Husk Saw Dust and Coconut Shell Processing Business In the third stage, filter cloths are used to separate the created activated carbon from water (brine). It is then dried in hot air furnaces in preparation for future adsorbent use. The creation of activated carbon using sandalwood powder and rice husk similar steps but yields a smaller amount of the finished product. Read Similar Articles: ACTIVATED CARBON Benefits of Starting Activated Carbon from Rice Husk, Saw Dust & Coconut Shell Manufacturing Business: - Starting a firm that produces activated carbon from rice husks, sawdust, and coconut shells has many advantages. There are lots of prospects for business owners who want to produce these items because of the rising demand for them in the cosmetics industry and because of global warming. - Since the market is expanding, new business owners who are unfamiliar with the industry might fare better. It is simple to establish a modest manufacturing facility. Because they can use their leftover materials, like sawdust, rice husks, etc. to make money, many people are also interested in launching this business. - Since there aren't many expenses related to labour or raw materials, starting this kind of business requires little capital. Watch Video: Activated Carbon | Activated Charcoal Powder | Activated Coal Manufacturing Plant Market Size in India: The future of the coconut shell, sawdust, and rice husk activated carbon markets in India looks bright. Coal-based facilities contribute for 48% of India's total consumption, while gas-based facilities account for 33%. Has grown in popularity recently due to its capacity to filter out environmental pollutants like mercury and arsenic that coal-based power plants leak into the environment. The price to buy it is expensive, though. Related Feasibility Study Reports: Manufacturing Business Plan for Activated Carbon from Rice Husk, Saw Dust & Coconut Shell Global Market Outlook: Due to the growing demand for an eco-friendly replacement for plastics, the outlook for the global market for activated carbon made from rice husk, sawdust, and coconut shell is favourable. Read our Books Here: The Complete Book on Biomass Based Products (Biochemicals, Biofuels, Activated Carbon) Over the next five years, it is expected that this $14 billion business would expand by 20%. At a CAGR of 5.6% over the projected period, it is expected that the global market for activated carbon would increase from $4.98 billion in 2022 to $7.73 billion in 2030. Due to the significant demand for the product from numerous end-use sectors, including water treatment and air & gas purification, activated carbon is the market category with the quickest growth. Watch other Informative Videos: Carbon Fiber Composites Manufacturing Plant Click here to send your queries/Contact Us See More Links: • Start a Business in Asia • Start a Business in Potential Countries for Doing Business • Best Industry for Doing Business • Business Ideas with Low, Medium & High Investment • Looking for Most Demandable Business Ideas for Startups • Startup Consulting Services • Start a Business in Africa • Start a Business in India • Start a Business in Middle East • Related Videos • Related Books • Related Projects • Related Market Research Reports
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How to Start an E-waste Recycling Business?

If you haven't noticed, we now live in a world with an increasing number of electronic devices. This has resulted in a rise in the need for recycling organisations like this one, which give businesses and individuals the chance to properly get rid of their old electronics while utilising the most cutting-edge technological advancements. While most people simply discard their outdated technology in the trash or donate it to a good cause, other persons or organisations see it as an opportunity to recycle their e-waste products in order to get some extra income. E-waste recycling facilities are a great method to cut down on how much electronic waste ends up in landfills and incinerators. As there are no hazardous emissions produced during the recycling process, these enterprises also practise environmental sustainability. You can make money with an e trash recycling facility by gathering used electronics from citizens, businesses, and governmental institutions. Benefits of Starting Business of E-Waste Recycling Plant One of the fastest-growing waste streams in the world is e-waste. Electronic garbage is being disposed of at an increasing rate as more electronics are produced. Our recycling facility plays a role in this. Only a small portion of these wastes are recycled at the moment. We want to ensure that all recyclable e-waste may be converted into new products with the help of our recycling facility. According to a recent study, Americans discard 2 million tonnes of electronics annually, 1.5 million of which are CRT (cathode ray tube) televisions, computer monitors, and television sets, each of which weighs more than six pounds. Plastics are expected to end up in landfills more frequently over time as they degrade since there isn't enough space on the ground for outdated appliances to keep them. There won't be any space left on Earth for anything else to go if something doesn't change soon. Because of this, we must start acting differently right away. This recycling facility makes new versions of these damaged pieces of machinery. Global Market Outlook The market for managing electronic waste was estimated to be worth $49,880 million in 2020, and it is anticipated to grow to $143,870 million by 2028, with a CAGR of 14.3% between 2021 and 2028. Over the projection period, the APAC region will lead the market for recycling electronic trash. Increases in per capita income across many nations, sales of electronic devices like computers, refrigerators, and mobile phones, sales of electrical and electronic devices, reluctance to repair defective devices, the export of e-waste from developed regions to developing nations like Pakistan, China, and India, rising environmental concerns, and new product developments for continuous innovation and price reductions of electronic goods are all contributing factors. Conclusion There are many benefits to starting up an e-waste recycling plant. For one, it is a great way to clean up the environment and eliminate toxic waste. It also creates jobs and helps communities grow by providing them with a sustainable source of income. Finally, it is worth noting that recycling e-waste saves money and resources because it reduces the need for new production. That means there will be less demand for metal ores and natural resources like petroleum. Furthermore, this process keeps these dangerous materials out of landfills and ensures they won't contaminate ground water supplies. With these many benefits in mind, setting up an e-waste recycling plant might just be the perfect choice for your company. Key Players: • Umicore SA • Quantum Lifecycle Partners • Enviro-Hub Holdings Ltd • Stena Technoworld AB • Tetronics International Limited • Electronic Recyclers International Inc • SIMS Limited • Aurubis AG • Boliden AB • Attero Recycling Pvt. Ltd. • Great Lakes Corporation • E-Parisaraa Private Limited • Greentec • Cleanaway • Veolia Environment SA Capacity: Plastic Granules 1,41,000 Kgs per annum Glass Scrap 1,05,900 Kgs per annum Copper Scrap 88,200 Kgs per annum Precious Metals (Nickel, Tin & Zinc) 18,000 Kgs per annum Gold 5.760 Kgs per annum Silver 11.520 Kgs per annum Palladium 0.288 Kgs per annum
Plant capacity: 1,41,000 Kgs per annumPlant & machinery: 107 Lakhs
Working capital: -T.C.I: 336 Lakhs
Return: 27.00%Break even: 58.00%
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Ginger Oil & Ginger Powder Production business

A fragrant oil derived from ginger is called ginger oil, commonly referred to as ginger essence. It smells warm and spicy with hints of sweetness and citrus. This kind of oil has a long history of use, having been utilised for therapeutic purposes in ancient China and India. On the other hand, to make ginger powder, the dried root is finely ground. The distinctive feature of this product is that it may be added to herbal medicines or tea blends in addition to being used in cooking. Uses and Application For thousands of years, ginger has been utilised in traditional medicine. It is becoming more well-known for its usage in curries, but it is also found in Chinese and Ayurvedic medications, as well as other herbal treatments. Numerous studies have demonstrated the health benefits of ginger, which range from promoting healthy immunological function to lowering risk factors for heart attack and stroke. Asian cooking frequently includes ginger root, and its oil has been used for generations as an anti-inflammatory. Additionally, it is employed to lessen the effects of motion sickness, nausea, and headaches. Recent research suggests that ginger may be useful in lowering the chronic pain brought on by inflammatory diseases including rheumatoid arthritis and osteoarthritis. Ginger powder can be used as a flavouring agent in any dish or beverage or as a standalone supplement. Ginger oil is a multipurpose product that has several applications, including use as a fragrance in cosmetics. There are various benefits to consuming more ginger, such as flavouring your food and relieving stomach or sore throat pain. Indian Market Outlook Since ancient times, ginger has been utilised both as a culinary element and as a medicine. The majority of it is grown in India, where it has been since the eighth century AD. Despite being available in grocery shops all over the world, India continues to be the main producer of ginger oil. The main cause of this is that unlike many other foods and spices, ginger oil cannot be mass-produced. Its demand therefore outpaces its supply. India and China are the only two countries in the world where ginger oil is produced on a substantial scale. Due to their closer proximity to end markets, Indian manufacturers have an advantage over their Chinese counterparts as the world's demand rises. These companies also profit from the Indian government's subsidies and low labour costs. On the other hand, in order to save on transportation expenses, ginger powder production typically occurs closer to consuming markets. Global market outlook In 2021, the market for processing ginger on a global scale was worth US$387.5 million. The market is anticipated to grow at a CAGR of 11.75% from 2022 to 2027, reaching US$ 767.2 million. North America, the Middle East and Africa (MEA), Asia Pacific, Europe, and Latin America have become the world's biggest provincial ginger markets. The Asia Pacific region has become the most alluring regional market for ginger and has gained the top spot on the global market. The Asia-Pacific region is expected to have a growth in the next years, maintaining its hegemony on the worldwide market. The creation of medicinal flavours, of which ginger makes up a significant percentage, has been influenced by the massive growth of the Ayurveda sector in the Asia-Pacific region. As a result, the ginger market throughout Asia and the Pacific is being favourably impacted. Scientists believe that things will continue as they are for the next couple of years. Conclusion If you are looking for an opportunity to make your own products, then starting a manufacturing business is the perfect way to go. The process of making products from the ground up is rewarding in many ways, and it's easier than you might think. All you need is some creativity and the willingness to put in some hard work. By starting with something that you know, like ginger oil or ginger powder, you can get started right away without spending too much money. It's also great because you will be able to keep your start-up costs low. Starting small is a smart idea if this is your first time around. There will always be more opportunities down the road if you want to expand, so why not start now? Key Players in the Global Ginger Market • Organic Mountain Flavor Pvt. Ltd. • Capital Foods Ltd. • Buderim Group Limited • The Ginger People • Canadian Ginger Company • Indian Organic Farmers Producer Company Limited (IOFPCL) • AKO GmbH • Guangxi Yongjiang Food Industry Co., Ltd Capacity: Ginger Oil 60,000 Kg. Per Annum Ginger Powder 1,44,000 Kg. Per Annum
Plant capacity: 60,000 Kg. Per AnnumPlant & machinery: 381 lakhs
Working capital: -T.C.I: 528 lakhs
Return: 28.00%Break even: 66.00%
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Potassium Permanganate Manufacturing business

Chemically, potassium permanganate has the formula KMnO4. It is a salt made up of potassium ions and manganese dioxide. Industrial applications include disinfection, oxidising fireworks, and producing other chemicals like sulfuric acid. Although producing chemicals like potassium permanganate might seem risky to some, it's actually a tremendously lucrative industry. Additionally, the market research indicates that this industry will continue to expand rapidly in the years to come. In fact, Thailand, China, and India are the three countries that manufacture the most potassium permanganate worldwide, and new nations have recently joined the race to create this chemical and profit handsomely from it. Uses and application Water treatment, bleaching, and textile production have all used potassium permanganate as an oxidising agent. It can also be used to make hydrochloric acid and potassium hydroxide. The most popular application for potassium permanganate is the production of chlorine gas, which can subsequently be combined with hydrogen gas to create a mixture of hydrogen chloride and manganese dioxide. Chlorine or manganese dioxide can then be produced by heating the gas mixture. Because hydrogen chloride dissolves several metals more readily than pure hydrochloric acid, it is frequently utilised in the production of chemicals. Additionally, compared to heating just the chlorine, heating this gas mixture first and then heating it results in more manganese dioxide being produced. In organic synthesis reactions, potassium permanganate can also be used as a catalyst. In such circumstances, it aids in the onset of specific types of chlorination reactions involving dichloroethane, commonly known as ethylene dichloride, and alcohols. Ethyl chloride, the byproduct of these processes, is widely utilised in refrigeration systems to regulate the ozone-depleting chemicals known as chlorofluorocarbons. Furthermore, potassium permanganate is employed medically in a few third-world nations. For instance, medical professionals in Bangladesh occasionally combine sugar and potassium permanganate to make a syrup. The syrup is consumed by those with chronic diarrhoea as a treatment because it includes soluble carbohydrates, which provide sick people energy. Global market outlook In 2020, the market for potassium permanganate was valued at USD 804,36 million, and it is anticipated to grow at a CAGR of more than 4% during the following five years (2021-2026). In particular, potassium permanganate can be used to help remove iron and hydrogen sulphide from industrial waste water. Potassium permanganate is a chemical component that is employed in many different sectors. The need for providers of potassium permanganate has increased as the demand for this chemical compound develops around the world, particularly in China where textile factories and paper mills utilise it significantly. Manufacturers are figuring out ways to make more potassium permanganate in a shorter amount of time. Asia Pacific, the Middle East and Africa, and Latin America are anticipated to grow at the quickest rates over the ensuing seven years. The regional market is expected to grow in countries like China, Japan, Brazil, Saudi Arabia, India, Vietnam, Malaysia, Indonesia, and Argentina thanks to government initiatives and rising end-use industries. Market growth in North America and Europe is predicted to be consistent throughout the ensuing seven years. The industry in these regions is slowly recovering from the crisis, and in the next years, demand is anticipated to rise sharply. Due to numerous regulatory affiliations, the potassium permanganate market in Europe has a wide range of opportunities. Air purification, odour management, and oxygen level maintenance are a few applications that are helpful for market advancement. Indian market outlook A chemical substance called potassium permanganate is used to make a variety of goods, such as fertilisers and pesticides. Given that India is among the world's top producers of agricultural goods, it is a necessary good for farmers. Numerous chemical companies that produce potassium permanganate as well as the consumers that buy it are located in the nation. Potassium permanganate costs have fallen as demand has increased due to the increased use of this substance, which has led to more manufacturers producing it, increasing its profitability. Furthermore, by offering their goods at lower prices than their rivals, all new market entrants have drastically altered market dynamics, causing prices to fall and vendor competition to rise. Conclusion To recap, there are three main reasons why you should start manufacturing potassium permanganate. The first reason is that it's a profitable product with little to no competition in the marketplace. Second, while it may be difficult to find potential suppliers at first, the barriers to entry are low. Third, and finally, the process for producing potassium permanganate is simple and straightforward. Furthermore, as demand increases and more companies get into the business of potassium permanganate production, prices will likely fall - which means now is an excellent time to get in on this potentially lucrative market. So what are you waiting for? Start your own potassium permanganate business today. Key Players: • Changyuan Group • Carus Group Inc. • Organic Industries Pvt. Ltd. • B2Brazil • Libox Chem India Pvt. Ltd • Seidler Chemical Co, Inc.
Plant capacity: 5,000 MT Per AnnumPlant & machinery: 176 lakhs
Working capital: -T.C.I: 1287 lakhs
Return: 28.00%Break even: 66.00%
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Start Trading/Export of Spices (Coriander, Chilli, Turmeric & Cumin) business

Spices have a very long history in Indian culture, notably in the food. The availability of various spices from all over the Indian subcontinent has a big impact on Indian food. Every meal often includes at least two or three different types of spices because they are so essential to Indian cuisine. Indian cuisine frequently contains up to six or seven distinct types of spices. Spices are employed as preservatives in addition to flavouring agents. Since ancient times, spices have played a crucial role in global trade. In the past, spices were used as money to pay for goods such as rent or taxes, to honour a king, or to broker peace between opposing tribes. To this day, the prosperity of international trade still depends on spices. Nearly 40% (by weight) of all the spices consumed in the US are imported. By volume, India is the world's top producer and exporter, and Indonesia is the top exporter by value. Although it is no longer a significant role in the world's spice trade, China formerly was. China used to import over 100 metric tonnes from Myanmar each year just 50 years ago; today, Myanmar produces around 800 metric tonnes yearly and exports about 700 metric tonnes. In recent years, India has eclipsed China as Myanmar's most significant trading partner. According to a recent research by the Department of Agriculture, persons who said they ate more spicy meals had a lower risk of dying from cancer, heart disease, or a stroke. It has been hypothesised that capsaicin, a substance found in chilli peppers, may be to blame for this association. Capsaicin has been demonstrated to lessen inflammation in the body, aiding in the prevention of several diseases. Additionally, it has been demonstrated that the chemicals in spices can improve mood and combat depression. In addition to enhancing digestion, spices are utilised as natural preservatives for food. Scope for Startups in the Spice Trade Industry One of the most lucrative and fascinating enterprises in the world is the trade of spices. There is a lot of money to be made in this market, which is estimated at $14 billion annually. In addition, it has a reputation for being a complicated industry with numerous players, which makes it even more alluring for would-be business owners to get involved. Look no further than spice trading if you're seeking for a new business endeavour that has the potential to bring you both financial security and global adventure. a flourishing industry in Australia, Asia, Africa, Europe, and all of the above. There are many methods to enter the industry, such as an import agent, a food manufacturer, a wholesaler, or a retailer. There is sure to be a place for you in this exciting sector, however you want to get involved! Here are some of the best advice for success from spice professionals, regardless of your chosen niche: First, conduct research. Before ever considering any transactions, conduct a comprehensive investigation of your target market. You must be aware of the costs of the goods and any applicable laws in each nation you intend to import it into. Look for trustworthy vendors of top-notch spices. Always conduct business with authorised traders and suppliers who can deliver genuine goods with quality assurance certificates for export. Know your audience. Finding clients has never been simpler in today's increasingly globalised economy, but getting to know them well enough to keep them coming back is crucial. Global Market Outlook The size of the world market for spices was estimated at USD 5.86 billion in 2019 and is anticipated to increase at a CAGR of 6.5% from 2020 to 2027. The trade in spices has been a significant industry for many years and is still prevalent today. Asia accounts for more than two thirds of the world's spice trade, with the Middle East coming in second. North America, though, is swiftly catching up. In 2014, the United States alone imported spices worth over $3 billion. That year, Chile exported spices valued slightly under $2 billion, placing it top in the world. India, Indonesia, the United States, and Malaysia came after it. Across cultures, spices are utilised as seasonings and flavourings in food preparations, but their significance extends beyond taste. Additionally, they play a significant role in Hindu, Buddhist, and Islamic religious rituals. Some items have enormous significance because they are regarded in these cultures as gifts from the gods. In addition to adding flavour to savoury dishes, these civilizations utilise spices like ginger and turmeric to give chocolates, pastries, tea blends, rice dishes, and ice cream colour. Due to India's location at the intersection of Africa, China, Central Asia, Europe, and South Asia, it is a major trader in spices. It's a good idea to start by expanding your appetite for spicy meals if you want to get into trading or exporting this kind of commodities! Conclusion As more and more countries around the world become more technologically advanced, there has been an increase in demand for spices. This means that companies trading spices are likely to be successful, as they can find niche markets and sell their products. If you start your own business trading spices, you will be able to take advantage of this growing market. So what are u waiting for? Start your own Trading/Export of Spices business today. Prominent Players in the Global Spices Market • Ajinomoto Co., Inc. • Associated British Foods plc • ARIAKE JAPAN CO., LTD. • Baria Pepper • Kerry Group • The Bart Ingredients Co. Ltd. • DS Group • Everest Spices • Dohler Group • McCormick & Company, Inc. Capacity: Turmeric 300 MT Per Annum Cumin 300 MT Per Annum Corinder 300 MT Per Annum Chilli 300 MT Per Annum
Plant capacity: 300 MT Per AnnumPlant & machinery: 6 Lakhs
Working capital: -T.C.I: 44 Lakhs
Return: 36.00%Break even: 74.00%
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How to Setup a Curcumin Extraction Business

Although the Curcumin Extraction Unit may seem like a little, isolated company, it is currently one of India's most successful industries. You might be surprised to learn that this unit can boost your income and free you from any debt. The only thing needed is a small investment to purchase the equipment and raw materials required for its operations. It's important to note that the Curcumin Extraction Unit won't need any financial support once it's up and running. The active components from substances like turmeric, ginger, black pepper, and cinnamon are extracted using curcuming extraction equipment. These devices typically consist of a mill or blade that minces the spice. The resultant particles are then agitated with water for a predetermined amount of time in an extraction tank. Curcumins are left behind once the particles gradually sink to the bottom and the water is washed away. Uses and Application Turmeric, the spice that gives curry its yellow colour, contains curcumin as its primary active component. It has been used medicinally in India for millennia. Curcumin has been associated with lowering inflammation and treating a number of diseases, including as Alzheimer's disease, arthritis, and heart disease, in more recent research. According to one study, it may help relieve the signs and symptoms of ulcerative colitis, an inflammatory bowel condition that results in sores or ulcers on the large intestine. In a more recent study, it was discovered that taking aspirin with curcumin reduced blood clots by 61% after just six months. According to a different study, those who consume curry twice a week are less likely to develop coronary artery blockages and coronary heart disease than people who never consume it. Benefits of Starting Business of Curcumin Extraction Unit In the West, the use of curcumin extraction devices is on the rise as an affordable alternative to costly medical procedures. Turmeric is an anti-inflammatory spice that may be used for a variety of things, and these units can be used to extract curcumin from it. It is simple to set up and use, and it is possible to extract this chemical without any technical knowledge or skill. This makes this one of the most affordable enterprises available at the moment because you won't need to buy any equipment. Additionally, you are not need to receive any official training in order to launch your own company, making it possible for you to do so even if you have no prior background in these areas. Due of its ease of use, it might be a fantastic business option for those who wish to run their own business but lack the resources to put up more complex machinery. It's especially well-liked among aspiring business owners because of its inexpensive initial investment. Furthermore, putting up a new curcumin extraction machine often only requires a few regulatory steps, so beginning your own firm won't require you to go through a lot of red tape. Global market outlook The size of the world's curcumin market, which was estimated at USD 58,199.4 million in 2020, is projected to increase at a 16.1% CAGR from 2020 to 2028. Asia Pacific is the largest market region globally. This can be explained by the substantial demand for curcumin in the food and beverage industries of Bangladesh, China, and India as well as in the traditional medicine markets of those nations. Turmeric has been a staple in many different Indian recipes since ancient times. Recent study and analysis have increased demand for it as a flavour enhancer and colouring ingredient, despite the fact that it hasn't been utilised frequently recently in the food and beverage industry. Additionally, as consumer awareness of traditional medicines grows, the market for them is constantly expanding. This factor is projected to increase curcumin consumption throughout the course of the forecast period, which will aid in the growth of the market for the ingredient. North America is the second-largest market in the entire planet. The flourishing pharmaceutical and food and beverage sectors in the area are to blame for this. Customers in this region are more aware of the new organic and varied natural products introduced to the market as well as industry advancements. Additionally, consumers' rising purchasing power is a key driver boosting goods sales in the region. The North American business has also observed a shift toward natural products among consumers in recent years. This factor is expected to rise over the coming years, which will speed up market expansion in the region. Conclusion Curcumin is a natural plant compound that has been shown to have antioxidant, anti-inflammatory, and neuroprotective properties. It can be extracted from the turmeric root or made synthetically in a lab. If you're interested in starting a business with the potential for high earnings, this is something you should look into. Key Companies • WackerChemie AG • BioMaxLifesciences Ltd. • Synthite Industries Ltd. • Hindustan Mint & Agro Products Pvt. Ltd. • Arjuna Natural Extracts Ltd. • SV Agrofood • Star Hi Herbs Pvt. Ltd. • Herboveda India Pvt. Ltd. • Helmigs Prima Sehejtera P.T. • Tri Rahardja PT/Javaplant • Konark Herbals & Healthcare • Rosun Natural Products Pvt. Ltd. • SabinsaCorp. Capacity: Curcumin Powder 15,000 Kgs Per Annum Turmeric Oil 7,140 Kgs Per Annum Deoiled Turmeric 2,76,300 Kgs Per Annum
Plant capacity: 15,000 Kgs Per AnnumPlant & machinery: 216 Lakhs
Working capital: -T.C.I: 511 Lakhs
Return: 18.00%Break even: 53.00%
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How to Start Steel Epoxy Putty Stick manufacturing Business?

The steel epoxy putty stick was created by MIT researchers in the 1960s and has been in use ever since. No matter what your needs may be, the putty stick will function. Its appearance hasn't altered much throughout the years. Every day, you can use this unique equipment in a variety of ways, such as for extreme landings, home repairs, and crafts. Benefits of Starting Business of Steel Epoxy Putty Stick One of the most portable and lightweight tools for construction workers is steel epoxy putty sticks. Over 2 million steel epoxy putty sticks are sold by one business alone each year in the modern day. There are countless advantages for businesses producing this product. It not only affects how people live, but it also has significant economic benefits. For instance, the typical worker can complete their task more quickly and effectively than before because it is so lightweight and simple to use. Steel Epoxy Putty Sticks don't emit any pollutants into the air either because they don't contain any chemicals. They are inexpensive compared to buying other materials or hiring professionals to conduct repairs, and they are simple to move. Due to its total adaptability, you can get exactly what you need when you need it without having to spend a lot of money. Steel epoxy putty sticks are the best kind of business for novice business owners, so look no further! They are a simple product to create with modest startup expenses, and they make practical gifts. They are a great method to enter the manufacturing sector without prior expertise or technical knowledge since you can produce them yourself. Uses and Application of Steel Epoxy Putty Stick 1. Permanently fix any sort of metal or steel that is broken or deteriorating. 2. Bonds to metal. 3. Used for all sorts of repairs: metal machinery, tools, pipes, car parts, lawn care equipment. 4. Make two components that usually don’t fit together fit. 5. Sealing various metals or steels so they have resistance against moisture and electricity. 6. Filling gaps in metals or steels that need to be permanently filled, can be molded into a structural part. Indian Market Outlook In India, the market for steel epoxy putty sticks is booming and expanding exponentially. With its popularity originating from several industries, including steel mills, building sites, railroad construction, and many more. Since it may be used in a variety of ways and instantly bonds pieces together, many locals refer to it as "magic clay." In reality, this product is far less expensive when compared to other conventional building techniques like welding or glueing. Indian steel's capacity utilisation increased from 6% to 50% over the course of the last five years, from 2011 to 2016. This rise in output is largely attributable to the demand for steel epoxy putty sticks. It is not surprising that Indian manufacturers are having trouble meeting current demand and are attempting to catch up with future needs by investing heavily in their manufacturing capabilities given that India's demand for construction and infrastructure development will increase at an annual rate of 7.5% over the next five years. Global Market Outlook The market for epoxy putty sticks was valued at 504.07 million dollars in 2021 and is expected to increase at a CAGR of 3.01% between 2021 and 2027. The market for epoxy putty sticks is anticipated to be the largest in Asia Pacific during the forecast period. The Asia Pacific region is anticipated to drive the global epoxy putty sticks market share due to the rapidly expanding demand for construction-related products worldwide. The global industrial system is likely to prosper as a result of all economic, manufacturing, and sociological factors. As a result, the market for epoxy putty sticks will expand significantly during the coming years. Over the past four years, demand from China alone has tripled. Steel epoxy putty sticks have become more popular among moulders as a silicone caulk substitute because they are more adaptable and have superior adhesive qualities. Steel epoxy putty sticks can also be used at any temperature and are non-flammable. As households become more environmentally conscious and use insulation manufactured from expanded polystyrene foam boards, the demand for this product will continue to rise rapidly. Additionally, as their building industries expand tremendously and their elderly populations look for more affordable housing options, rising economies like India and Russia will spur demand. Conclusion Epoxy putty sticks are always in demand, so you can make money by manufacturing them yourself, either from your own home or from a rented space. If you have an entrepreneurial streak and you’re looking for new ways to earn some extra cash, or if you’re just tired of working for somebody else and want to be in control of your own success, starting a business of manufacturing steel epoxy putty sticks could be your next best move. Major Players • JB Weld • Weld-On Adhesives • Whitford Worldwide (Polymeric Systems) • 2K Polymer Systems Limited • Nuco Inc (NuFlex)Oatey • Protective Coating Company • Everbuild (Sika) • CRC (Minute Mend) • Glenmarc • Taiwan Perma • FastFix-it • Cedesa • Star Brite • Shen Zhen You Li (Hui Yang) • KRÖNYO • Mohawk
Plant capacity: 1,500 Dz. Per AnnumPlant & machinery: 2 Lakhs
Working capital: -T.C.I: 34 Lakhs
Return: 35.00%Break even: 35.00%
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Setup Ethyl Acetate Production Plant

The chemical formula for ethyl acetate, also called ethyl ethanoate, is CH3COOCH2CH3. It is a white liquid that mimics ethanol and because of its high volatility and low boiling point, it smells like nail paint remover. It can be made synthetically by hydrolyzing 1-ethoxy-2-propanol or by dehydrating ethanol, which occurs naturally in some fruits. Uses and Applications A clear, colourless liquid with a fruity smell is ethyl acetate. In addition to other solvents, it is used to make polymers and nail polish removers. By mixing ethanol with an acid catalyst, such as sulfuric acid or hydrochloric acid, ethyl acetate can be produced. Once produced, ethyl acetate can be combined with ethanol or water to produce denatured alcohol for use in industry. Oil-based paints and colours can also be dissolved using ethyl acetate as a solvent. It is also one of the solvents most frequently discovered in household goods like disinfectants, adhesives, spot removers, degreasers, and paint thinner. Scope of Startup in Ethyl Acetate Manufacturing Industry Ethyl acetate is produced using a method that has been in use for more than a century. It is a chemical with a wide range of applications, but its main one is as a flavouring additive. About 300 million pounds are consumed annually in the United States alone, with the majority going toward the manufacture of diet sodas and candy. As a result, starting this business can be quite profitable. Ethyl acetate is being produced by a wide range of various businesses because it has been around for such a long time. Because of this, it's crucial to stand out in whatever manner you can to get as much attention as you can. Many businesses may give free samples or free trials of their products in an effort to gain an advantage. You'll be able to boost conversion rates and boost sales if you can provide something similar. Driving Factors of Ethyl Acetate Manufacturing Industry The paints and coatings industry is the largest consumer of ethyl acetate. It is the ideal solvent for many industrial lacquers and enamels. It is often used in the formulation of coatings including urethanes (99.5% grade), epoxies, acrylics, vinyl, and others. These coatings are also used in a wide range of other industries, such as construction, agriculture, wood furniture, maintenance, marine, automobile (for refinishing), and others. It is used in photographic films as well. Additionally, compared to other competing solvents used in similar applications, it is far less expensive. Its wide range of functions and uses distinguish it from other solvents on the market and add to its appeal. So what drives demand for coatings is end-user applications and a high need for coatings. Particularly in developing countries like India, China, and Indonesia, the printing ink business is rising. Industry analysts predict that the nation will experience double-digit growth in the next years. Modern shopping, changing lifestyles, and the explosive growth of the packaging business are all contributing factors to the expansion of the printing ink industry. The use of ethyl acetate, which is used to manufacture printing ink, has increased not only in India but in other developing countries as well. The domestic printing market in the Asia-Pacific area is expanding as well, which will probably lead to an increase in demand for printing ink. This rising need can be satisfied by the large local manufacturing capacities of required solvents, such as the ethyl solvents used to make printing ink. Global market outlook The size of the global ethyl acetate market was estimated at USD 4.7 billion in 2020, and it is anticipated to increase at a CAGR of 8.8% from 2021 to 2028. ethyl acetate is increasingly in demand as a solvent for use in a variety of industries, including paints and coatings and pharmaceuticals. Additionally, the rapid growth rate is powered by the rising demand from developing nations like China and India. The economies of these nations are expanding significantly, which has increased demand for raw resources like ethyl acetate. Additionally, this will encourage the ethyl acetate industry's growth into new markets like China and India. These areas have had an increase in population over the last few decades, along with an increase in per capita income. Due to their increasing purchasing power and higher disposable income, citizens have experienced a matching rise in consumption. As a result, residents of these areas have easier access to high-quality goods. They have the financial wherewithal to purchase items that may not be readily available locally while travelling abroad. They are drawn to western lifestyles as well, which include eating patterns that involve large amounts of refined sugar, fast food, and soft beverages. The consumption of solvents like ethyl acetate has grown dramatically as a result of increased global consumption (i.e., fast industrialization). Conclusion The business and industry of ethyl acetate is an exciting one to get involved in. For those who love chemistry, it offers the opportunity to be creative and experiment with new formulas. This business is also very stable and can grow into a large corporation if it was well managed from the start. People will always want this product because of its wide variety of uses, so there is no limit as to how big you could make your company. It does require a lot of effort and capital to do so but it pays off in the long run. To keep things simple, it's better to just create the product for individual use. With these benefits and many more, what are you waiting for? Get started on your own successful business today! Top Player's • INEOS (UK) • Celanese (US) • Eastman Chemical (US) • Jiangsu Sopo (China) • Jiangmen Handsome (China) • Wuxi Baichuan (China) • Jubilant (India) • GODAVARI BIOREFINERIES LTD. (India) • Sekab (Sweden) • Korea Alcohol (South Korea) • IOL Chemicals and Pharmaceuticals (India)
Plant capacity: 30,000 MT Per AnnumPlant & machinery: 2665 Lakhs
Working capital: -T.C.I: 7206 Lakhs
Return: 28.00%Break even: 39.00%
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Creamy Peanut Butter Business Plan | Lucrative Business Idea of Creamy Peanut Butter Production

Since the late 1800s, creamed peanut butter has been a common spread. It is created by combining ground peanuts or other nuts with vegetable oils and occasionally sugars. The product's consistency varies depending on its natural form, the amount of oil added, and the amount of water added. For instance, extra components like palm kernel oil may be added to creamy peanut butter to give it a more solid texture and lengthen its shelf life. Visit this Page for More Information: Start a Business in Food Processing and Agriculture Based Industry Uses and Applications: - For toast, sandwiches, and as an ingredient in many recipes, peanut butter is a popular spread. Additionally, peanut butter is frequently used in recipes for sweet treats like cookies, cakes, and brownies. - Smoothies or fruit salads can be topped with creamy peanut butter. Related Business Plan: Start Creamy Peanut Butter Production Business Manufacturing Process: Roasted peanuts are processed into peanut butter using a high-speed mixer. The mixture is then cooked until the fat separates and floats to the top, where it must be skimmed off. Watch Video: How to Manufacture Creamy Peanut Butter | Start Your Own Creamy Peanut Production Business Today Salt and sugar are then incorporated for flavor after cooling. Finally, it is put into jars or plastic tubs for storage. Then it is offered for sale in supermarkets all around the world! Read Similar Articles: FOOD PROCESSING AND AGRICULTURE PROJECTS Benefits of Starting Creamy Peanut Butter Production Business: Starting a new business that makes peanut butter might be difficult. But there are also huge benefits. There are many benefits to starting a new peanut butter manufacturing business, including the following: Owning a company that makes peanut butter enables you to spend time in the kitchen with friends and family while producing a tasty and healthy food. Download PDF: The Most Amazing and Easy Business Plan of Creamy Peanut Butter Manufacture Start Now Creamy Peanut Butter Production Low setup costs and no unique licenses or certifications are necessary. This product has a vast market. Peanut butter can be purchased at fairs and grocery stores and has a long shelf life. Watch Video: Start Peanut Butter Manufacturing Business | Detailed Project Report Market Size in India: In FY 22, the peanut butter market in India reached USD 97.2 million. It grew at a CAGR of 8.02% over the preceding five years. The low ($9.81 million) level of domestic demand is $9.81 million. India consumes 146.8 million USD worth of butter, cheese, and other spreads, with peanut butter making up a sizeable 6.7% of the total. The good news is that domestic consumption has significantly expanded over the last five years. From FY 17 to FY 22, domestic consumption grew at a CAGR of 33.7%. The sector will expand as a result of rising revenue and rising public awareness of health issues. Peanut butter is gaining popularity across the country due to its high protein and low calorie content. Related Feasibility Study Reports: Set A Creamy Peanut Butter Production Business Due to growing public health awareness, peanut butter consumption—which is a great source of proteins and healthy fats—is rising in India. Peanut butter is a better alternative to cheese and butter. The market for peanut butter generated USD 4.3 billion in FY 22. Similar to the Indian market, the global market is driven by reasons such as changing lifestyles, a rise in demand for quick-to-prepare food items, and increased disposable income. Global Market Outlook: The peanut butter market, which was valued at USD 5.70 billion in 2021, is anticipated to increase at a compound annual growth rate (CAGR) of 6.9% between 2022 and 2028. The global rise in health consciousness has a very positive impact on market growth. The global market for peanut butter is being driven by the escalating trend of health consciousness and the rising demand among young people and millennial for food products high in protein. Read our Books Here: Market Research Report on Milk Processing & Dairy Products in India (Butter, Yogurt, UHT Milk, Cheese, Ice Cream, Ghee & Other Products) Click here to send your queries/Contact Us On the other hand, new prospects for the peanut butter sector will emerge as consumers become more concerned about their health as a result of the rise in chronic illnesses including high blood pressure and heart disease. The global sector is developing as a result of changing lifestyles and a rise in the popularity of quick meals. Over the course of the predicted period, rising disposable income in developing nations and rising global awareness are expected to fuel market progress. It is also anticipated that more product releases and expanding key player growth would open up new business prospects for industry participants to enhance their offerings. See More Links: • Start a Business in Asia • Start a Business in Potential Countries for Doing Business • Best Industry for Doing Business • Business Ideas with Low, Medium & High Investment • Looking for Most Demandable Business Ideas for Startups • Startup Consulting Services • Start a Business in Africa • Start a Business in India • Start a Business in Middle East • Related Videos • Related Books • Related Projects • Related Market Research Reports
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Business Plan Of Compostable Biodegradable Disposable Cups And Plates (Tableware) Using Sugarcane Bagasse | Start Now Own Profitable Business of Biodegradable Disposable Cups and Plates (Tableware) Using Sugarcane Bagasse

Disposable dinnerware composed of sugarcane bagasse that biodegrades. A plentiful, affordable, and biodegradable natural resource, sugarcane bagasse can be utilized to make a range of products, including cups, plates, bowls, iced tea glasses, coffee mugs, and more. It is a by-product of the refinement of sugarcane. So it needs to go through a mechanical procedure in order to become something you could use for food or drink. Visit this Page for More Information: Start a Business in Biodegradable Products Industry Uses and Applications: A sustainable and affordable replacement for conventional tableware is biodegradable tableware. It is created from naturally occurring substances including bamboo fiber, potato starch, sugarcane bagasse, and other renewable resources. It is a bio plastic that can be utilized to make throwaway plates and cups. Biodegradable disposables are produced using less energy than conventional disposables made of plastic. Related Business Plan: A Business Plan for Biodegradable Disposable Cups and Plates (Tableware) Using Sugarcane Bagasse When plastics are thrown away, the hazardous compounds they contain are discharged into the environment. Because they are made without these dangerous chemicals, biodegradable disposables don't. Because bio plastics degrade more quickly than conventional plastics, which take many years to break down, they conserve water and land space. Watch video: Business Plan of Biodegradable Disposable Cups and Plates (Tableware) Using Sugarcane Bagasse Utilizing bio plastics has a number of additional advantages, such as improved food preservation and lower greenhouse gas emissions. Because they can be composted, biodegradable disposables lessen the quantity of garbage that ends up in landfills. Read Similar Articles: BIODEGRADABLE PRODUCTS Manufacturing Process: The manufacturing process of Biodegradable Disposable Cups and Plates is a simple one, as it is made from Sugarcane Bagasse. First, the sugarcane bagasse is cut into strips, which are then heated in a vessel called a caldera. The bagasse is then pressed into sheets. Next, the sheets are cut into small cups or plates and packaged for shipment. Finally, the cups or plates are ready for use and shipping. Watch Video: Start Biodegradable Plastic Products Industry | Manufacturing of Biodegradable Bag, Plates & Glasses Benefits Of Starting Biodegradable Disposable Cups And Plates (Tableware) Using Sugarcane Bagasse Business: Utilizing biodegradable disposable plates and cups manufactured from sugar cane bagasse has clear environmental advantages. Unlike the majority of other materials that usually end up in a landfill, they are entirely compostable. Additionally, they use less energy to produce than conventional disposable plates and cups made of paper or plastic. Download PDF: Start a Business of Production for Biodegradable Disposable Cups and Plates (Tableware) Using Sugarcane Bagasse These cups and plates are not just beneficial to the environment; they also have some practical benefits. Since they are incredibly durable and stay much longer than the typical disposable item, you won't need to keep purchasing new ones for your events. Additionally, because of their durability, they can be used repeatedly. Related Feasibility Study Reports: Biodegradable Disposable Cups And Plates Using Sugarcane Bagasse Global Market Outlook: Between 2021 and 2031, the global market for bagasse tableware is predicted to expand at a 6.8% CAGR, up from the 4.6% CAGR observed during the preceding period of 2015–2020, mostly because to the rising need for sustainable packaging options that are environmentally friendly. Bagasse-based products are well-liked and esteemed as an environmentally beneficial alternative to plastic tableware. Read our Books Here: Environmentally Friendly, Eco-Friendly Products, Natural Products, Biodegradable Plastics, Natural Dyes and Pigments, Jute Products, Natural Dinnerware made of sugarcane waste, sometimes referred to as bagasse or sugarcane fiber, is a more environmentally friendly option than Styrofoam and polystyrene-based products. These products, which are frequently referred to as sugarcane biodegradable tableware, have other distinguishing characteristics in addition to being lightweight and recyclable. In the food and beverage industry, bagasse-made trays, plates, cups, bowls, and flatware are in high demand. Watch other Informative Videos: Biodegradable Products, Recyclable, Disposable, Eco-Friendly Plastics, Bioplastics, Compostable, Biodegradable Packaging for Food Products Click here to send your queries/Contact Us See More Links: • Start a Business in Asia • Start a Business in Potential Countries for Doing Business • Best Industry for Doing Business • Business Ideas with Low, Medium & High Investment • Looking for Most Demandable Business Ideas for Startups • Startup Consulting Services • Start a Business in Africa • Start a Business in India • Start a Business in Middle East • Related Videos • Related Books • Related Projects • Related Market Research Reports
Plant capacity: -Plant & machinery: -
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Return: 1.00%Break even: N/A
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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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  • 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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