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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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Business Plan for Production of Stainless Steel Cold Rolled Coil using Stainless Steel Scrap

A type of hot-rolled stainless steel strip with a thickness between 0.3 and 0.5 mm that has been cold-rolled from a hot-rolled stainless steel coil is known as stainless steel cold rolled coil. A frequently utilised metal in the manufacturing sector is stainless steel. It is made by rolling thin sheets of malleable steel out until they are thin enough to roll, then forming them into coils. The finished coil is then immersed in an acid bath to clean off any surface contaminants. When it emerges, it has a chromium oxide coating (which gives it its distinctive glossy silver appearance) and is prepared for use. The properties of stainless steel make it a versatile material that can be used both inside and outside of the kitchen. It is long-lasting, simple to clean, corrosion-resistant, and doesn't react with food. Additionally, it has a high rate of recycling; more than 90% of scrap stainless steel may be turned into brand-new cold-rolled coils (CRC). In order to create CRC, stainless steel is hot rolled into thin sheets, which are then cut into strips or coils. Uses and Applications From the food sector, where it is used for frying trays and pans, to the automotive industry, where it is utilised in exhaust systems, stainless steel cold rolled coil is employed in a variety of industries. Due to its great resistance to corrosion and wear, cold rolled stainless steel has a wide range of uses and is the perfect material for components that come into contact with extremely high temperatures or are subject to excessive wear. As a water-cooling agent, stainless steel cold rolled coil has one special application. The heated air cools down and condenses into liquid as it travels through the coils. The condensed liquid then flows back onto the hot surface, where some of it evaporates into gas form again; meanwhile, the rest continues to flow back towards the source. Applications for cold-rolled stainless steel include the automotive, manufacturing, construction, and other industries. Anything from producing automotive parts to building house frames can be done with it. Because of its tremendous tensile strength, it can support huge weights without collapsing or bending. Because of its ability to resist corrosion, it is ideal for usage in marine settings where there are corrosive chemicals in the water or air that would normally eat away at other metals. Indian Market Outlook Over the next five years, a CAGR of 10% is predicted for the demand for cold-rolled coil in India. Increased industrialisation, higher per capita incomes, and rising infrastructure investment are some of the causes that are fueling this expansion. India is a developing nation with 1.2 billion inhabitants. And now that the economy of the nation is expanding, these folks have more disposable income than before. India's demand for consumer goods has risen as a result. India is the largest stainless steel producer in the world. It produced more than 43 million metric tons of stainless steel, which accounted for nearly 16% of global output. India also imports a lot of steel from other countries, so it is expected to be one of the fastest-growing markets for cold-rolled coil in the world. Global Market Outlook The size of the worldwide stainless steel market was USD 175.65 billion in 2021, and it is anticipated to grow in value at a CAGR of 6.1% over the following five years. One of the main factors boosting market revenue growth is rising demand in the stainless steel sector due to the rapid expansion of end-use sectors including construction and architecture, chemical, power, and others. The fastest-growing market for stainless steel is the architecture, engineering, and construction (AEC) industry, which has led to a boom in the creation of residential, commercial, retail, entertainment, and hotel projects. The demand for stainless steel for construction and reinforcement reasons is anticipated to rise as a result. During the forecast period, the Europe market is anticipated to have a moderate rate of revenue growth. The aircraft industry and several auto component manufacturers are heavily concentrated in Europe. Imports of stainless steel cold-rolled flat goods from Indonesia and India were subject to anti-subsidy tariffs from the EU. Such activities are fueling market expansion. Conclusion With a market value of over $26 billion, stainless steel cold rolled coil is one of the most competitive sectors. For both seasoned and inexperienced investors, the sector offers a fantastic investment opportunity. Due to its potential for long-term expansion, the stainless steel industry is attracting the attention of numerous businesses. Many analysts believe there would be more investment opportunities due to rising demand from emerging markets and declining competition from other nations like Turkey and India. Key Market Players • ArcelorMittal (Luxembourg) • Baosteel Group (China) • Jindal Stainless (India) • Nippon Steel Corporation (Finland) • Outokumpu (Finland) • POSCO (South Korea) • ThyssenKrupp Stainless GmbH (Germany) • Yieh United Steel Corp (Taiwan)
Plant capacity: Stainless Steel 202 Series Strip Coil (0.02 mm to 3 mm):42,000 MT per annum, Stainless Steel 304 Series Strip Coil (0.02 mm to 3 mm):30,000 MT per annum, Stainless Steel 405 Series Strip Coil (0.02 mm to 3): 28,000 MT per annum Plant & machinery: 2863 lakhs
Working capital: -T.C.I: Cost of Project: 9293 lakhs
Return: 27.00%Break even: 48.00%
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Setting Up Ferric Pyrophosphate

Chemical substance ferric pyrophosphate is frequently used as a food ingredient. It has been given GRAS certification by the FDA and is regarded as safe for ingestion. It can be utilised by people, animals, and plants as an iron supplement. It has the capacity to slow down the release of sugar from starchy foods like breads and pastries in addition to its antioxidant characteristics. For people who have diabetes or are at risk for developing it, this is advantageous. With the chemical formula Fe(P0)3, ferric pyrophosphate serves as a fire retardant. It is created when ferrous sulphate and phosphoric acid react together, usually with the aid of hydrochloric acid as a catalyst. Natural sources of ferric pyrophosphates include rocks like hematite. Before they were made synthetically, this mineral was utilised to make ferric pyrophosphates throughout history. Because they can boost agricultural yields, ferric pyrophosphates have seen a sharp increase in use since the 1970s. Due to new methods of production made possible by the product's rising demand, employment have been created in a variety of industries. Compared to other manufacturing processes, the manufacture of ferric pyrophosphates has less negative effects on the environment in terms of emissions into the atmosphere and energy usage. Benefit of Starting Ferric Pyrophosphate Industry The rust-prevention substance ferric pyrophosphate is an iron salt of phosphoric acid. The extraction procedure has become more simpler as a result of the product's ever rising demand. This implies that setting up your own ferric pyrophosphates business is now simpler than before. Iron, phosphorus, and oxygen make up a little portion of ferric pyrophosphate. It is mostly used to fertilisers and weed herbicides to increase their potency. Ferric pyrophosphates are an essential component of many automobile paints since they also have anti-rusting qualities. The previous ten years have seen a steady increase in the demand for ferric pyrophosphates, therefore now might be a perfect time to invest in this sector! Ferric pyrophosphate is a mineral that has many uses, such as for the production of steel. Ferric pyrophosphate can also be used to make fertilizers, pesticides, mining slag, and some medicines. It is used to increase the phosphorus and iron content of soil. The ferric pyrophosphate industry will continue to grow due to the high demand for this mineral in many industries. Global Market Outlook Due to the usage of ferric pyrophosphate in agriculture, food production, water treatment, and other areas, there has been a steady rise in the demand for this substance on a global scale. The demand for ferric pyrophosphate has increased dramatically on a global scale, thanks in large part to nations like India, China, and Brazil. These nations' high industrialization and urbanisation rates will result in an increase in their demand for ferric pyrophosphate. In contrast, because there is less need for fertiliser and agricultural chemicals in some regions, like Europe, ferric pyrophosphate demand will decline. A substance called ferric pyrophosphate is employed in the manufacture of iron and steel. The major producer of ferric pyrophosphate worldwide is China. The manufacturing of high strength steel has led to an increase in the demand for ferric pyrophosphates on a global scale. This better steel needs to be combined with other elements like sulphur or titanium dioxide. In turn, this raises demand for ferric pyrophosphate, a material required to finish the process of producing these metals. China is in a good position to benefit from this increase because they have lower labour costs and can create more goods at once. The iron salt of the mineral acid pyrophosphoric acid is called ferric pyrophosphate. Among its many applications is as an addition to raise the calibre and effectiveness of animal feed. Ferric pyrophosphate's prospects for the global market is improving steadily. Growth in recent years has been fueled by rising demand from developing nations, particularly China and India. Conclusion In conclusion, there is a huge demand for ferric pyrophosphate. As manufacturers use ferric pyrophosphates more frequently, demand is rising by 8% annually. Additionally, its adaptability makes it a fantastic option for a wide range of uses and goods. As firms compete to use this mineral additive in novel ways, more chances are being given to start new businesses. Due to all of these factors, the ferric pyrophosphate market is expected to remain robust for some time. Ferric pyrophosphate should now play a significant role in any company's marketing plan in order to suit consumer needs. There's no knowing what improvements will be made next as more businesses invest in it! Key Market Players • VWR International, LLC • Spectrum Chemical Mfg. Corp. • Redox • Parchem
Plant capacity: Ferric Pyrophosphate:600 MT Per AnnumPlant & machinery: 48 Lakhs
Working capital: -T.C.I: Cost of Project: 133 Lakhs
Return: 31.00%Break even: 73.00%
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Start Production Business of uPVC and CPVC Pipes

The plastic pipe known as UPVC comes in both rigid and flexible forms. While the flexible variant can be utilised for any plumbing requirements, the rigid variety is commonly employed for water supply and drain lines. UPVC pipes, such as CPVC pipes, are made to withstand high temperatures and hot water. They can also be put in place outside, where there is less chance that they will freeze or burst due to pressure changes. Due of the hazardous compounds known as chlorides that are present in PVC, both types of UPVC pipes have recently generated some controversy. Despite the fact that these toxins have no effect on humans, there is a growing understanding of the dangers that these compounds pose to the environment when they are released into rivers and other bodies of water. In response, many manufacturers now offer chlorine-free CPVC and CLPC pipes which are safer for human use and healthier for our environment. We forecast that UPVC will continue to rise in demand as more people become aware of how dangerous these materials can be if consumed. PVC pipe usage has increased across a number of industries. It is one of the greatest technologies for replacing conventional materials like copper and steel because of its adaptability, toughness, and affordability. In addition, it has many advantages over other materials, including as resistance to corrosive chemicals, microbial attack, and abrasion. It also prolongs the life of piping systems by preventing the formation of lime scale and water stains. PVC is perfect for low pressure applications like plumbing systems in residential, commercial, or institutional building construction because it can easily moulded into a wide variety of shapes. As many nations implement green initiatives, there has been a surge in demand for various building materials in recent years. The construction business is flourishing as a result. These new constructions depend heavily on piping systems since they effectively move fluids like water, oil, and other substances across structures. PVC pipes have been brought to the market in response to the increased demand for pipeline materials, and they have proven to be more versatile and less expensive to produce than UPVC pipes. Applications and Uses of UPVC and CPVC Pipes UPVC pipes are affordable, rust-proof, lightweight, and simple to install. The pipes have a variety of uses, including delivering natural gas and draining wastewater. Because of their exceptional corrosion resistance, CPVC pipes are perfect for usage in regions with potentially frigid weather. These pipes can be utilised in a wide range of industries, including construction, mining, chemical processing, pulp & paper production, food processing plants, and power plants, to name a few. Over time, these materials have changed as new goods that provide enhanced performance and cost reductions are created. These more recent items include thermoplastic elastomers, composites comprised of recyclable materials combined with plastic resin, plastics combined with cement or epoxy resins, and more conventional materials like PVC, CPVC, copper, and steel tubing. Any facility uses pipes to move raw materials, water, or other fluids around. Although they are frequently constructed of metal, they can sometimes occasionally be made of other materials such thermoplastic polyvinyl chloride (TPVC) or chlorinated polyvinyl chloride (CPVC). Sometimes, the terms UPVC and CPVC are used to describe these pipes. Global Market Outlook CPVC Pipes and Accessories The market size, which was estimated to be worth USD 1491.9 Million in 2021, is expected to increase by 12.52% between 2022 and 2030 to reach USD 3407.6 Million. The world's building market has expanded quickly. Population increase overall, the rapid development of emerging economies like China and India, and rising per capita incomes are the main drivers of the construction industry's expansion. Due to its mechanical and chemical qualities, CPVC pipe is increasingly being used in new infrastructure, which could lead to a lucrative prospective expansion for CPVC pipe and fittings in the construction industry. Over the course of the forecast period, North America and Asia Pacific are anticipated to have the highest market shares of the CPVC Pipes and Fittings Market, respectively. One of the main factors driving the market expansion is the expanding use of CPVC pipe and fitting in wastewater treatment facilities as well as the presence of chemical businesses in the Asia Pacific area like Bayer Crop Science Ltd., PI Industries Ltd., and Atul Ltd. Indian Market Outlook The India PVC Pipes Market size was valued at $3,159 million in 2016 and is anticipated to expand at a CAGR of 10.2% to reach $6,224 million by 2023. Polyvinyl chloride (PVC) is the third largest selling plastic commodity after polyethylene & polypropylene. It is beneficial over other materials, owing to its chemical resistance, durability, low cost, recyclability, and others; thus, it can replace wood, metal, concrete, and clay in different applications. PVC pipes are manufactured by extrusion method in a variety of dimensions such as solid wall or cellular core construction. They are corrosion resistant, cost-effective, flame resistant, easy to install & handle, and environmentally sound, with long service life. Upsurge in the demand for pipes in the irrigation sector and building & construction industry is the major driving factor for India PVC pipes market. Moreover, increased focus of government on rural water management supports the demand for PVC pipes in India. East India is the major region to drive the demand for PVC pipe products, owing to abundant cultivation of tea. Conclusion The UPVC pipe sector has a promising future. The emergence of low-cost housing, the intensifying focus on renewable energy, and the rising popularity of green products among consumers will be the main drivers of this increase in demand. This is primarily caused by the rise in demand for new infrastructure in developing nations and the requirement to replace deteriorating infrastructure in wealthier nations. The demand for UPVC and CPVC pipes has increased as a result of the development of power plants, petrochemical facilities, water supply networks, civil engineering projects, and transportation networks. Key Players • Supreme Industries Limited • Finolex Industries Limited • Astral Poly Technik Limited, Viking Group • Charlotte Pipe • Gf Piping Systems • Aliaxis, • Johnson Controls, The Lubrizol Corporation • Nibco Inc. • China Lesso Group Holdings Ltd. • Egeplast a.s. • JM Eagle Company, • Inc., North American Pipe Corporation • Pipelife International GmbH • Plastika AS, Polypipe Plc
Plant capacity: CPVC Pipes 50 mm:1,200 MT Per Annum uPVC Pipes 150 mm:2,400 MT Per AnnumPlant & machinery: 313 Lakhs
Working capital: -T.C.I: Cost of Project:714 Lakhs
Return: 27.00%Break even: 56.00%
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Hemodialysis Blood Tubing Manufacturing Business

The development of hemodialysis has significantly changed how chronic renal disease is managed. Because the kidneys are no longer able to filter the blood of wastes, this procedure eliminates them. Hemodialysis can be carried out at home or in a clinic, but for patients who require long-term care, the procedure is often performed three times per week for a total of four hours at a dialysis facility. The patient's blood tubing that connects to the machine needs to be updated frequently. Hemodialysis blood tubing can be made of hard plastic (TPE), soft vinyl (PVC), silicone, or latex rubber. How can you choose which to use? Cost, size, shape, flexibility, durability, and compatibility with other materials used during the operation, such as filters, needles, and catheters, are a few things to think about when selecting the type of hemodialysis blood tube to buy. Uses and Application A medical tool that has been used for many years to help treat patients with kidney failure is the hemodialysis blood tubing. It can be applied to assist in removing contaminants from the patient's blood, such as surplus fluid or wastes. The tubing must be inserted into an artery or vein for blood to flow through it in order to accomplish this. In addition to aiding in the removal of waste, the hemodialysis blood tubing is crucial in other aspects of medical care. Benefits of Starting This Business The need for this product has been increasing over the last few years. There are many benefits to starting a Hemodialysis Blood Tubing Manufacturing business. One of the key advantages is that as individual’s age, there will be a greater demand for this product, increasing the number of people wanting to launch this business. Additionally, because there aren't many companies making hemodialysis blood tubing, there isn't much rivalry in this sector. Another advantage of beginning a Hemodialysis Blood Tubing Manufacturing company is that, after your manufacturing line is up and running, you can either continue making the same product or, if you like, use the same equipment to create various goods. Additionally, it enables you to diversify your sources of income so that you may continue to earn money from other businesses even if one goes out of business or starts to decrease employee salaries. Global Market Outlook According to Reportsn Reports. The report segments the hemodialysis blood tubing market on the basis of type, application, geography, and end user. The growth in this segment is mainly due to increasing number of end users in developing countries like India and China. In addition, there is a trend of change in patient’s treatment preferences towards renal replacement therapy as an alternative treatment option to hemodialysis which has contributed to this market’s growth. Factors such as the rising prevalence of chronic kidney disease, aging population, increasing incidence of cardiovascular diseases in developing economies, increasing occurrence of emergencies, and introduction of new technologies are driving the demand for hemodialysis blood tubing products globally. Conclusion A growing older population in the US will only increase the demand for hemodialysis blood tubing manufacture. More businesses will undoubtedly enter this expanding market as a result of the demand for high-quality goods that are delivered on time, expanding career chances for those with a background in this sector. Key Players • Fresenius • Baxter • Asahi • Nipro • Weigao • Guangdong Biolight • Blue Sail Medical • Angiplast Private Limited • Renax Biomedical Technology • Asahi Kasei Corporation • B. Braun Melsungen AG • DaVita Inc. • Fresenius Medical Care AG & Co • JMS Co.Ltd • Kawasumi Laboratories Inc. • Medtronic • Nikkiso Co. Ltd • Nxstage Medical, Inc. • Nipro Corporation • Rogosin Institute • Satellite Healthcare • Toray Industries Inc.
Plant capacity: Homodialysis Blood Tubing Set:1,200,000 Pcs Per AnnumPlant & machinery: 133 Lakhs
Working capital: -T.C.I: Cost of Project:344 Lakhs
Return: 29.00%Break even: 58.00%
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Manufacturing of Basic Voilet 10 (Rhodamine B Base)

A dye called Basic Violet 10 is employed to create a number of hues. It's frequently used to create pink colours in the textile business. Basic Violet 10 has the chemical formula C9H7N3O5. Additionally, it is utilised in ball point pen ink and printing ink. Basic Violet 10 can be exposed most frequently through the air or by eating or drinking something that contains it. Basic Violet 10 exhibits good light, water, and sweat fastness qualities. It can also endure temperatures of up to 200 degrees Fahrenheit. It is frequently employed to stain bacteria and other tiny organisms for microscopic analysis. Basic Violet 10 (Rhodamine B Base) is frequently used in the creation of paper and textiles. Uses and Application In the textile business, Basic Violet 10 is used for printing and dying. In addition, it works well as a general cleanser, degreaser, and stain remover on fabrics. It is frequently combined with other dyes to produce various hues. This indicates that it is well-liked throughout a wide range of businesses, not only the textile sector. For instance, it's widely used to make eye shadow and lipstick in the cosmetics business. Basic violet 10 is now widely used to print on paper items in ink-jet printers, where it has also made its way. Finally, it has been discovered that Basic Violet 10 possesses antibacterial capabilities when ingested or administered topically. Rhodamine B Base, also known as Basic Violet 10, can be combined with other substances to produce dyes that glow green or red when exposed to ultraviolet light. It can endure vigorous soapy water washing when used as a textile printing colourant, but because the molecule is sensitive, it will finally wash out after about 40 washes. When mixed with potassium bromide or sodium sulfite, Basic Violet 10 (Rhodamine B Base) can be used as a photographic developing agent in photography. Benefits of Starting Business A product that has long been in high demand is Basic Voilet 10 (Rhodamine B Base). It's not particularly difficult to launch a Basic Voilet 10 (Rhodamine B Base) business and it can be financially profitable. The following five advantages might help you see why this sector is experiencing such rapid growth. First, high demand Global population growth over the past few years has increased the number of people who need access to cheap healthcare. Basic Voilet 10 (Rhodamine B Base) is frequently the only form of healthcare that low-income households can afford. Second, Health Advantages Taking care of your health is crucial, but finding time to work out or visit the doctor frequently can be challenging. Because Basic Voilet 10 (Rhodamine B Base) is so reasonably priced, many people may more easily ensure that they are caring for themselves. Global Market Outlook The market for rhodamine B base is expected to expand at a CAGR of 9.1% from 2017 to 2023. Rhodamine B base is increasingly in demand in developing nations like China, India, and Brazil as a result of expanding manufacturing activity and growing living standards in these nations. However, it is anticipated that fluctuating raw material prices may constrain the business. Eastman Chemical Company (US), BASF SE (Germany), Kemin Industries Inc. (US), Tayca Corporation (Japan), Lupin Ltd. (India), and Dyesol Ltd. are the top producers of rhodamine B base. The rapidly expanding global market is primarily caused by two factors: on the one hand, the rising demand for dye intermediates, and on the other, technological improvements and innovations in production processes. The organic substance Basic Voilet 10 (Rhodamine B Base) is a member of the diarylamine family. Each ring atom has four phenyl groups bonded to it. Basic Voilet 10 (Rhodamine B Base) is a dye and pharmacological intermediate that can be used as an indication. Conclusion There are many reasons why the Rhodamine B base market is booming. First off, it doesn't cause any unpleasant scents when coupled with other compounds, is simple to produce and use, and is affordable. Rhodamine B is ideal for industrial applications where odourless chemicals are sought because of all of these characteristics. With Basic Violet-10, companies from all around the world have found success (Rhodamine B Base). In fact, it has been claimed that this chemical is currently one of the most well-liked goods on the market. There's no doubt that this product will continue to gain popularity given its wide range of uses. Key Players • Dezhou Hongqiao Dyestuff Chemical • Dharamchand, Hangzhou Haiqiang Chemical • Hebei Youhao Chemical • Huanghua Bohai Chemical • Jhebei Youhao Yingwangtong • Qingdao ChuanLin • Shanghai Fuxin Fine Chemical • Shenyang Jin Tianyuan Chemical • Tianjin Zhongjin Pharmaceutical
Plant capacity: Basic Voilet 10:420 MT Per AnnumPlant & machinery: 34 Lakhs
Working capital: -T.C.I: Cost of Project: 306 Lakhs
Return: 30.00%Break even: 63.00%
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Manufacturing Business IV Fluid (FFS Technology)

A watery solution known as IV fluid may also contain electrolytes, carbohydrates, or other nutrients. It can be given intravenously, by mouth, or through a nasogastric feeding tube, which is placed into the stomach and down into the small intestine. The amount of fluid administered will vary depending on your health and whether you have trouble getting enough fluids to drink. When someone needs fluids more quickly than they can drink them, IV fluids are used. These circumstances could include cardiopulmonary bypass surgery during heart surgery, extreme dehydration brought on by vomiting or diarrhoea, burns covering more than 20% of the body's surface area, and severe trauma. Since doctors feel these symptoms frequently point to dehydration, IV fluids have grown in popularity as a technique to treat patients with flu-like symptoms like fever or nausea. When administered intravenously, IV fluid is a liquid that delivers hydration, medication, and nutrition. The various fluids that are employed are dependent upon the requirements of each individual patient. Plasma-Lyte, Albumin, Lactated Ringers, and Normal Saline are the four different types of fluids. The use of normal saline, which contains salt in water, ranges from the management of pain to the replenishment of electrolytes. Uses of IV Fluid (FFS Technology) Fluids administered intravenously are necessary to maintain life by supplying nutrition and oxygen. Additionally, they support patients with severe burns, injuries, or shock in maintaining blood pressure and pH levels. An intravenous line that is put into a vein in either arm is used to give these fluids. Rehydration, blood transfusion, medicine delivery, among other uses, are all possible with these fluids. This new FFS technology, which permits smaller needles and less invasive treatments with improved safety levels, is driving a surge in the IV fluid business. Many patients claim that injection sites on the forearm or wrist are painless, thus they might not even be aware that they received an injection. There are now devices that utilise these new technology all over the world in hospitals, nursing homes, and private practises to give fluids and other medications promptly and safely. In recent years, the usage of intravenous fluids (IV Fluids), mostly for medical reasons, has increased dramatically. For instance, intravenous therapy in hospitals and doctor's offices is one of the most popular uses of IV fluids. Through the use of a tiny tube known as an intravenous catheter that is put into a vein in your arm, hand, or foot, this type of infusion delivers fluids and medications straight into your bloodstream. Indian Market Outlook India has experienced a rise in the demand for intravenous fluids due to an ageing population and rising medical costs. In India, the IV fluids industry has been expanding consistently at a pace of 25% annually. Some businesses have been extending their production capabilities or launching new products to the market. An ageing population, increased healthcare costs, and an increase in immunocompromised patients are the main causes of India's rising demand for intravenous fluids. Hospitals and other healthcare facilities including ambulatory surgery centres and nursing homes must now provide intravenous fluids on a regular basis to patients with a variety of illness conditions. Global Market Outlook In 2017, the IV Fluid (FFS) Technology market was estimated to be worth USD 3.4 billion. From 2017 to 2025, it is expected to expand at a CAGR of 5.3%. The market for blood and intravenous fluid products has expanded significantly in recent years. An ageing population and improvements in medical technology, such peristaltic pumps and flexible tubing, might be credited for this development. Rapid innovations in this area have produced important changes that have altered the nature of the worldwide market. For instance, hospitals around the world are increasingly using novel infusates like albumin, which was recently introduced, for a variety of purposes, such as preventive medicine and the treatment of hypoalbuminemia following surgery or intensive care. This can be attributed to the growth in demand for intravenous therapy drugs across emerging markets, such as India and China, where healthcare expenditure is expected to increase substantially over the forecast period. Furthermore, technological advancements have helped boost the use of IV fluids in clinical settings owing to benefits such as cost-effectiveness and ease of administration. Conclusion Many patients depend on intravenous infusions to save their lives. Hospitals and clinics are searching for alternatives as a result of the recent increase in IV fluid shortages. Fortunately, this industry has boomed with new options for both patients and doctors since the introduction of FFS technology. Indian Key Players • Asterisk Laboratories India Private Limited • Syska Healthcare • Aishwarya Health Care Pvt Ltd • Rechelist Pharma • Flagship Biotech International Pvt Ltd • Solitaire Pharmacia Pvt. Ltd. • Kritikos Care • Taj Pharma • Schwitz Biotech • Amanta Healthcare • Parenteral Drugs (India) Limited • Calyx Biotech • Suzen Medicare Pvt. Ltd. • Orlife Healthcare
Plant capacity: IV Fluids (250 ml Size):10,500,000 Bags Per Annum, IV Fluids (500 ml Size):9,000,000 Bags Per Annum, IV Fluids (1000 ml Size):10,500,000 Bags Per AnnumPlant & machinery: 4205 Lakhs
Working capital: -T.C.I: Cost of Project: 5770 Lakhs
Return: 25.00%Break even: 40.00%
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Business Plan for Production of Protein Based Nutrition Foods

Foods with a high protein content meet the RDA for protein by at least 20%. The recommended daily allowance, or RDA, is a measurement of the bare minimum of nutrients people need to consume to keep their health. Your body need extra protein to repair muscle tissue when you exercise vigorously or perform other hard tasks. Nutritional food products with a protein base offer a healthy method to satisfy this need. Dairy milk, soy milk, eggs, cheese, and yoghurt are a few examples. More and more businesses are seeing their potential as the demand for these kinds of food rises. There is no way of knowing how much the market will expand given how healthy this kind of food is for consumers. The only thing we can be certain of is that it won't disappear anytime soon. Sales of foods with protein as an ingredient have reportedly climbed by 15% in the last year. Why, then, are they so well-liked? Some think it's because of their high protein content, while others assert it's because they assist people stay energetic and at a healthy weight. Whatever the reason may be, protein based nutrition foods are on the rise and people want to be a part of this trend. Uses and Application Popular protein-based nutrition food provides a nutritious substitute for conventional junk food. It can aid in weight loss because it has more protein and less fat. Additionally, it is practical for those who are constantly on the move. These goods are ideal for people who want to conserve money or have a limited amount of time in their day. Due to its capacity to give consumers a simple approach to meet daily nutritional requirements, the market for protein supplements has been expanding quickly over the past few years. - This market offers a wide variety of goods, such as powders, bars, and drinks with various protein contents based on consumer preferences. Finding a product that meets their demands is made simpler for customers by the variety of options accessible. - By delivering the amino acids necessary for muscular growth and repair, protein supplements also aid in muscle development. Protein supplements are excellent providers of the energy that muscles require to begin their process of self-renewal and grow bigger and stronger than before. Benefits of Protein Based Nutrition Foods Foods with a high protein content are a fantastic source of protein. It's now easier than ever to consume all of your recommended daily protein because you can have them for breakfast, lunch, supper, and even as a snack. The best part of these foods is that they taste fantastic and make you feel satiated for a longer period of time. This not only lessens hunger but also makes it simpler to maintain a diet plan. Protein-based foods are a simple choice for anyone trying to lose weight without having to give up their favourite foods when all of these aspects are taken into account. Including more protein in your diet will undoubtedly be advantageous if you're considering beginning a new one. It can be necessary to test out many brands before settling on one that appeals to your palate. Trying it out first is the best approach to see if it's right for you. Many individuals consume them as a snack or in place of breakfast, but some also use them as a substitute meal when they are unable to have lunch. Because they reduce hunger and eliminate sweet cravings, some people also prefer them as an after-dinner dessert. Protein bars should only be consumed in moderation because they typically contain a lot of calories. They're rich with energy so make sure you still get your daily dose of vitamins and minerals from other sources like veggies, fruit, dairy products, fish and nuts. Indian Market Outlook The India Protein Market, which was valued at USD 1.25 billion in 2021, is anticipated to grow at a CAGR of 4.34% to USD 1.55 billion by 2026. Due to rising customer desire for wholesome, natural meals, the Indian market for protein-based nutrition products has enormous potential and is growing quickly. Additionally, this expansion is also aided by the movement toward conscious living and increased health consciousness. Particularly in the food business, which fuels the need for meals with protein as an important nutrient. The major companies in this industry plan to expand their production capabilities, open new markets across the nation, and construct new manufacturing facilities. Global Market Outlook The market for plant-based proteins expanded by 6.7% annually (YOY) in 2021, reaching total sales of USD 11.3 billion, and is anticipated to reach USD 22.5 billion in 2032 at a CAGR of 7.2%. A variety of opportunities will arise for the market for plant-based proteins as a result of rising productivity in the food and beverage industry. The global market for plant-based proteins is divided into soy, wheat, pea, potato, rice, canola, corn, and others based on the kind of product. The market for plant-based proteins worldwide is thought to be dominated by the soy protein segment. Due to the rising demand for plant protein in East Asia, particularly in China, South Korea, and Japan, the market for plant-based proteins is anticipated to expand rapidly during the forecast period. Compared to other regions, Europe favours a diet strong in protein. In the coming years, the market for plant-based proteins in Europe will be strongly impacted by growth in the vegan and plant-based food industries in European nations like the UK, France, and Germany. Conclusion Foods with a high protein content are known as protein-based nutrition foods. Due to the health advantages that frequent consumers of these meals might receive, they are highly well-liked on the market. These items' popularity and increased demand have drawn investors who view this as a fantastic business opportunity to invest in and launch their own venture in this sector. Due to the industry's strong demand and constrained supply, investing in protein-based nutrition food has various benefits. Making the most of such an investment opportunity is possible in a variety of ways. Key Players • DuPont de Nemours, Inc. (U.S.) • Royal Avebe (The Netherlands) • Archer Daniels Midland Company (U.S.) • Roquette Freres Le Romarin (France) • Ingredion Inc. (U.S.) • Kerry Group (Ireland) • Cargill Incorporated (U.S.) • Now Foods (U.S.), AMCO Proteins (U.S.) • Crespel & Deiters GmbH & co. kg (Germany) • BENEO GmbH (Germany) • Axiom Foods Inc. (U.S.) • Glico Nutrition Co., Ltd. (Japan) • Archer Daniels Midland Company • DuPont de Nemours Inc
Plant capacity: Protein Based Nutrition Foods (500 gms):1,200,000 Nos Per AnnumPlant & machinery: 62 Lakhs
Working capital: -T.C.I: Cost of Project:437 Lakhs
Return: 29.00%Break even: 59.00%
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Set up Steel Ingot from Scrap Plant

Scrap metal that has undergone multiple recycling processes is used to make steel ingots. Old automobiles, abandoned cans, and other metal objects that people want to get rid of can be used to make it. To make ingots, it is melted down until it is in a liquid state and then poured into moulds. Steel ingots are premium metal pieces that have been heated to a point where they are sufficiently flexible to take on various forms or sizes. Other varieties of Steel Ingots can include stainless steel ingots, which won't rust or corrode when exposed to water like other metals do. Steel Ingots can be created from a range of various types of metals. The scrap business has expanded tremendously in recent years. Steel ingots, which can be melted down and reused in other items like cars, construction equipment, and even consumer goods like appliances and electronics, are in great demand due to the need to reuse resources that have already been made or consumed. Several factors have contributed to the rise in demand for steel ingot manufacture from scrap during the past few years. The most significant benefit is that it is less expensive than manufacturing new steel because only the smelting and rolling procedures are needed, as opposed to other activities such ore mining, iron ore processing, etc. Uses of Steel Ingots from Scrap Although there are many uses for steel ingots, their main function is to produce additional steel. Remelting them or combining them with other metals, such as copper or aluminium, to make new alloys are two ways to accomplish this. Steel ingots made from scrap contribute to waste reduction and offer a renewable resource for producing more durable and robust metal. From where does scrap originate? When someone has an old automobile, appliance, or other form of abandoned item they no longer want, the process begins. The waste will subsequently be taken by a company and dispersed into useful pieces known as scraps, which may then be sold as raw materials for recycling. Additionally, it provides opportunity for eco-friendly operations and enables businesses to save money on their raw material costs. A significant portion of the cost of making steel from recycled materials—nearly 40%—is attributed to the process' high electricity requirement. Global Market Outlook The market for steel scrap, which was predicted to be worth 574.5 million metric tonnes in 2020, is expected to increase to 748.2 million metric tonnes by 2026, expanding at a CAGR of 4.5% during the study period. The second-largest economy in the world, China, is predicted to grow at a CAGR of 5.7% over the course of the analysis period to reach an estimated market size of 301.7 million metric tonnes in 2026. By the conclusion of the analysis period, the rest of Europe's market is expected to reach 319.3 million metric tonnes, while Germany is predicted to develop at a rate of about 2.6% CAGR. Due to the imposition of tariffs on steel imports as well as anti-dumping and countervailing charges, which will enhance output and improve capacity utilisation, crude steel production in the US is anticipated to improve in the near future. Steel is produced using steel ingots, which are crucial. Steel is also a crucial component of numerous other sectors, such as mining, the automobile, building, and others. Due to the rising demand for recycled products, the recycling sector as a whole has also recently experienced tremendous growth. There is a greater requirement for scrap metal to be used to make up for the current shortfall of raw materials being mined (particularly iron). Conclusion Steel Ingot production is booming in the scrap industry because steel is a metal that's not only durable, but also recyclable. As more people realize this, the demand for steel will continue to grow and make this industry one of the most promising ones in the future. Key Players • ArcelorMittal S.A. • Baosteel Resources Co., Ltd. • Commercial Metals Company • EVRAZ North America • Gerdau Group • Maanshan Iron & Steel Company Limited • Metalico, Inc. • Nucor Corporation • Oryx Stainless Group • Schnitzer Steel Industries, Inc. • Sims Metal Management Limited • Steel Dynamics, Inc.
Plant capacity: Steel Ingot: 3,000 MT Per AnnumPlant & machinery: 445 Lakhs
Working capital: -T.C.I: Cost of Project: 1192 Lakhs
Return: 26.00%Break even: 54.00%
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Ferro Alloys, Ferro Silicon, High Carbon Ferro Manganese, Silico Manganese Production Business

Ferroalloys are alloys that combine iron with another metal, such as silicon, manganese, or carbon. Their applications and formulations vary. The most popular ferroalloy has a weight manganese concentration of 10% and is called ferromanganese. About 2-4% of the weight of ferrosilicon, also known as ferrosilico manganese, is silicon. Engineering materials created by melting and casting ferrous metals like iron or steel with a suitable alloying element like silicon, manganese, or carbon are known as ferro alloys. These alloys have been used for centuries. Due of the increase in demand for these metals, particularly high carbon ferro manganese, the ferro alloy industry is booming. Over the past few years, the prices of these metals have risen sharply with no end in sight. Ferrosilicon and silico manganese demand are also predicted to rise steadily. In recent years, the ferroalloy market has experienced unheard-of expansion. Due to the rising demand for ferrosilicon, which is used to make capacitors and semiconductor materials, the ferroalloy industry has expanded. Due to its usage as a hardener in the manufacture of steel, high carbon ferromanganese has a high demand. Uses and Applications Ferro alloys are used for a variety of purposes, including building and glass polishing. The production of steel and stainless steel requires the usage of high carbon ferro manganese. Glass, porcelain, enamelled ware, and pottery are all made with silico manganese. These four different ferro alloy kinds can be used for various purposes due to their diverse qualities. For instance, high carbon ferro manganese polishes glass with a brighter shine than silico manganese, but it is also more brittle and less robust. Because ferro silicon has a higher melting point than silico manganese, it is simpler to work with when dealing with building projects. Ferro silicon is not as robust as high carbon ferro manganese, but it is tougher. Depending on the type, ferro alloys can be used in a variety of ways. Steel is made from silicon manganese, oxygen-free copper is made from silicon manganese, high carbon ferromanganese is used to generate stainless steel, ferrosilicon is utilised in electronics, and high carbon ferrosilicon is frequently found in building materials. Depending on the type of silicon that needs to be recovered from the sand, a different procedure is used. Benefit Of Startup This Industry Due to the rising needs for silicon and manganese in the solar, wind, and electric vehicle industries, ferro alloy demand is on the rise. Over the coming years, demand for ferrosilicon is anticipated to rise significantly. • Greater Carbon the use of ferro manganese, a component required to create stainless steel, has increased as nations throughout the world began to explore for alternatives to carbon steels. The demand for Silico Manganese, also known as SMI, has increased significantly as a result of its use in the creation of lithium-ion batteries, which store renewable energy from sources like solar or wind. In order to meet the rising demand, more than 30 new mines are expected to open globally during the following ten years. Global Market Outlook The size of the world market for ferroalloys was estimated at USD 42.7 billion in 2020, and it is anticipated to increase at a CAGR of 7.1% from 2021 to 2028. The Trump Administration's steel tariffs are the principal cause of this boom in the U.S. steel industry. In accordance with Section 232 of American trade law, the Trump administration levied steel tariffs in 2018. The government is working to increase the supply of steel for sectors including infrastructure, weaponry, and cutting-edge military gear. Steel corporations have recently begun investing in the nation to investigate the prospects there. In 16 significant projects around the country, businesses like Ak Steel, CMC, Steel Dynamics, and Cleveland-Cliffs have made major investments. The majority of the projects will make the steel using the electric arc furnace technique. Thus, during the upcoming years, there will certainly be a sizable increase in steel demand as the U.S. steel sector grows. The World Steel Association estimates that global crude steel production increased by 3.7% from 2020 to 1,950.5 million tonnes in 2021. In 2021, China produced 1,032.8 million tonnes, making it the top producer. India, Japan, the U.S., Russia, South Korea, Turkey, and Germany were the nations that came after China. It is anticipated that these top nations will continue to be the major ferroalloy markets. Conclusion The ferro alloys market has expanded significantly over the last 20 years, and future growth is anticipated to be exponential. As populations in emerging nations continue to grow, there will be an increase in demand for steel, silicon metal, manganese metal, and many other ferroalloys, with China accounting for more than half of the world's steel demand. Using ferro alloys to strengthen steel and aluminium is the newest metals trend. The demand for these alloys, which are also used to make stainless steel, is increasing exponentially. Key Players • Shanghai Ferroalloys Works (China) • Georgian American Alloys (USA) • Gulf Ferroalloys Company (SABAYEK) • Tata Steel (India) • Brahm Group (India) • Ferroalloy Corporation Limited (India) • China Minmetals Corporation (China) • Pertama Ferroalloys Sdn. Bhd. (Malaysia) • SAIL (India) • OFZ • a.s (Slovakia) • MORTEX GROUP (India) • OM Holdings Ltd. (Singapore) • Nikopol Ferroalloy Plant (Ukraine) • Bafa Bahrain (Bahrain).
Plant capacity: Ferro Silicon (70-75% SI): 6,500 MT Per Annum, High Carbon Ferro Manganese (70-72% Mn): 22,000 MT Per Annum, Silico Manganese (Mn 70% and Si . 15%): 16,000 MT Per AnnumPlant & machinery: 15692 Lakhs
Working capital: -T.C.I: Cost of Project: 24627 Lakhs
Return: 27.00%Break even: 54.00%
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Global and India Type 4 Cylinders Market

Global and India Type 4 Cylinders Market, Growth Rate, Covid-19 Impact, Economic Impact, Size, Share, Trend, Drivers, Competitive Landscape, Opportunity, Limitations, Technological Landscape, Regulatory Framework, PESTEL Analysis, PORTER’s Analysis, Forecast up to 2030 The Global and India Type 4-Cylinder Market Is Expected To Grow Significantly Owing To the Mounting Urbanization and Accelerating Disposable Income The global type 4-cylinder market size was valued at USD 279.31 Million in 2021 and is expected to grow at a CAGR of 7.46% during the forecast period. However, India's type 4-cylinder market is projected to reach USD 23.11 Million by 2030 at a growth rate of 7.73%. The growth in demand for lightweight cylinders with higher pressure requirements, more gas carrying capacity per cylinder and the rising number of natural gas vehicles (NGVs) are the main factors driving the type 4-cylinder market. Additionally, the market for type 4 cylinders is anticipated to grow significantly due to increased technological innovation and investments from the major players. Visit this Page for More Information: Start a Business in Industrial & Engineering Products Industry Further, the surge in demand for lightweight, explosion proof and non-corrosive LPG & CNG cylinders and government push towards the usage of composite cylinders are propelling the growth of the type 4-cylinder market in the future periods. Preference of end users for type 4- cylinders due to their ease of handling and partial visibility is driving the demand in the type 4-cylinder cylinder market. Watch Video: Global and India Type 4 Cylinders Market The Internet of Things (IoT)-powered smart composite cylinder communicates to customer devices and the LPG distributors' IT infrastructure. The system allows distributors to adjust their supply logistics and stocks in real-time and notifies users of the amount of gas still in their cylinders. The growing adoption of type 4- cylinders across various end-use sectors, including automotive, marine & defense, household, fleet owners, oil industry and others, owing to numerous benefits of these cylinders over traditional metal cylinders such as improved safety, lighter weight, and superior corrosion resistance are estimated to influence the growth of type 4- cylinders market over the forecast periods. Cylinder Type Overview in the Global Type 4-Cylinder Market Based on cylinder type, the global type 4-cylinder market is classified into CNG, biogas, hydrogen, and LPG. The CNG segment generated USD 131.50 million in revenue in 2021 and is expected to reach USD 240.24 million by 2030 with a CAGR of 7.11% during the forecast period, 2022-2030. The segment's growth is attributed to Type 4 CNG Cylinders, typically around 70% weight reduced over Type 1 and 2 Steel cylinders and 5% to 35% weight reduced over Type 3 Aluminum liner-based cylinders because of the presence of lightweight HDPE liner. The Type 4 cylinders have higher Class pressure withstanding capacity when compared with Type 3 cylinders. Related Business Plan: Industrial & Engineering Products, Manufactured Goods, Industrial Engineering Products. Mechanical, Engineering, Automobile Industries, Metal, Metallurgical, S.S. Utensil, Wire, Aluminum, Brass, Copper Products, LPG Cylinder and Valves Fiber Type Overview in the Global Type 4-Cylinder Market Based on fiber type, the global type 4-cylinder market is segregated into glass fiber composites and carbon fiber composites. The carbon fiber composites segment captured the highest market of 55.96% in 2021 and is projected to reach USD 288.21 million by 2030. It is due to this carbon fiber coating ensures higher heat resistance, helically wound on the liner in combination with resin to import high tensile strength. Glass fiber is estimated to hold a considerable share in the global type 4-cylinder market over the forecasted period of 2022-2030. Glass fiber composites are a particular kind of fiber-reinforced polymer composite with qualities like low density, high strength, and simplicity in production. As a result, the aerospace, automotive, and construction industries all utilize it substantially. Glass fibers are the most typical reinforcing fiber used in polymeric matrix composites. Download Pdf: Global and India Type 4 Cylinders Market Application Overview in the Global Type 4-Cylinder Market Based on the application, the global type 4-cylinder market is segmented into industrial, household, marine & defense, fleet owners and others. The industrial segment is further sub-segmented into the automotive industry, oil & gas industry, chemical industry and others. The industrial segment generated USD 127.70 million in revenue in 2021 and is expected to reach USD 232.38 million by 2030 with a CAGR of 7.07% from 2022-2030. The segmented growth is attributed to the growing demand for CNG, biogas and hydrogen gas in commercial and private vehicles. Natural gas is a proven alternative fuel that has long been used to power natural gas vehicles. These cylinders are 30% of the weight of steel, improving vehicle range, payload, handling and reducing fuel consumption. Read Similar Articles: ENGINEERING GOODS PROJECTS Distribution Channel Overview in the Global Type 4-cylinder Market Based on the distribution channel, the global type 4-cylinder market is segmented into OEM and gas distribution companies. The OEM segment holds the highest market share of 65.47% in 2021 and is projected to generate USD 335.81 million by 2030. It is because major type 4-cylinder manufacturers have started their distribution channel and marketing & sell offices in developing nations worldwide. The high prices of these cylinders prohibit gas distribution companies from immediately adopting steel cylinders with the type-4 composite cylinder in under-developed and developing countries. Regional Overview in the Global Type 4-Cylinder Market By region, the global type 4-cylinder market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Europe region generated USD 101.63 million in revenue in 2021 and is likely to reach USD 165.14 million by 2030 with a CAGR of 6.98% during the forecast period, 2022-2030. There has been a substantial growth in the use of automobiles in Europe emerging nations, which has increased the demand for fossil fuels. The government announced several support policies to encourage the development of natural gas-powered automobiles for commercial use to decrease the imports of fossil fuels. Furthermore, the benefits of using natural gas in the transportation sector will favor the environment, which is expected to drive the market. Read our Books Here: Education Business, Educational Institution, Engineering, Dental, ITI, Management, Marine Engineering, Medical, Pharmacy, Polytechnic College And Schools Global and India Type 4-cylinder Market: Competitive Landscape Hexagon Composites, Luxfer Gas Cylinder, Aburi Composites, Faber IndustrieSpA, Time Technoplast Limited, Indoruss Synergy, Everest Kanto Cylinder Limited, Worthington Industries, Inc., Supreme Industries Ltd., and others prominent Playersare the key players in the global type 4-cylinder market. About Us: Niir Project Consultancy Services a research, advisory, and Analytics Company. We have a specialized team of consultants catering to various verticals, including Consumer Goods & Retail, Healthcare, ICT, chemicals, BFSI, and many others. In a very short time, we have expanded beyond the basic services to advanced research services such as Financial Modelling, Supply & Demand Analysis, Pricing Analysis, Competitive Analysis, and various other services, which not only facilitates the senior executives across industries but giants who have established names in different industry verticals. Through our indispensable business insights, we can help our clients to achieve the mission-critical tasks which facilitate them to build the organizations of tomorrow. Related Feasibility Study Reports: Cylinders Reasons for Buying this Report: • This research report helps you get a detail picture of the industry by providing overview of the industry along with the market structure and classification • The report provides market analysis covering major growth driving factors for the industry, latest market trends and insights on regulatory framework in the industry • This report helps to understand the present status of the industry by elucidating a comprehensive SWOT analysis and scrutiny of the demand supply situation • Report provides analysis and in-depth financial comparison of major competitors • The report provides forecasts of key parameters which helps to anticipate the industry performance Watch other Informative Videos: Industrial & Engineering Products, Manufactured Goods, Mechanical, Automobile, Metal, Metallurgical, Wire, Aluminum, Copper Products, LPG Cylinder Click here to send your queries/Contact Us Our Approach: • Our research reports broadly cover Indian markets, present analysis, outlook and forecast for a period of five years. • The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players • We use reliable sources of information and databases, information from which is processed by us and included in the report Market Research Reports, India and Global Industry Analysis ,Market Trends, Market Insight, Market structure, Market outlook Indian Industry Size, Share, Trends, Analysis and Forecasts report, sector Growth Driver, company profiles, key financials, ratios. 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: -
Working capital: -T.C.I: -
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
  • We can modify the project capacity and project cost as per your requirement.
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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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