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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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Start Production Of PP Woven Bags

A type of packing material constructed from woven polypropylene fabric are PP woven bags, sometimes referred to as polypropylene woven bags. They are frequently utilised in the packing and delivery of a variety of goods, such as food, agricultural products, chemicals, and building supplies. Polypropylene tapes, which are flat strips of polypropylene material, are woven into a fabric to create PP woven bags. Following fabric lamination, cutting, and sewing, bags of various sizes and shapes are created. The strength, resilience, and resistance to tears and punctures of PP woven bags make them famous for usage in heavy-duty applications. PP woven bags come in a variety of designs, such as open top and valve bags. While valve bags have a bottom valve that can be opened and closed for simple filling and discharge, open top bags have a flat bottom and an open top. Features and Functions Because of their power, toughness, and adaptability, PP woven bags are used in a variety of industries. The following are some frequent usage and applications for PP weaved bags: Agriculture: Products including grains, seeds, fertiliser, and animal feed are frequently packaged and transported in PP woven bags. Food Packaging: In the food sector, PP woven bags are frequently used to package and transport goods like flour, sugar, rice, and other dry food items. Chemicals and Building Supplies: PP woven bags are appropriate for shipping and packaging a variety of chemicals and building supplies, such as cement, sand and fertilisers. Retail Packaging: PP woven bags can be used to package a variety of retail goods, including apparel, footwear, and other consumer goods. Waste Management: PP woven bags can be used as large bags for collecting and transporting waste, such as household and industrial waste. Logistics and Transportation: PP woven bags are frequently used in logistics and transportation to secure and protect cargo during shipping. PP woven bags are an economical and practical packaging option for safeguarding and transporting items in a secure manner. Advantages of This Business The rising demand for these products across a variety of industries is one of the main advantages of beginning a PP weaved bags business. PP woven bags are becoming a go-to packaging option for many sectors, from retail to agriculture. Additionally, the production of these bags is reasonably easy and inexpensive, making it an excellent business opportunity for those seeking to enter the packaging sector. Starting a business selling PP woven bags has the added bonus of being versatile. Businesses are able to tailor PP woven bags to their particular requirements because they are available in a variety of sizes, shapes, and colours. These bags are also strong, recyclable, and reusable, making them a green option for companies trying to lower their carbon footprint. The need for affordable alternatives and growing concerns about sustainable packaging are projected to fuel an increase in demand for PP woven bags. Global Market Outlook The market for PP woven sacks is anticipated to reach USD 4.1 billion in value by 2022 and surpass USD 6.2 billion by 2032, rising at a CAGR of 4.1% between 2022 and 2032. The demand for polypropylene PP Woven bags is increasing due to the environmental dangers associated with this material, and it is becoming more well-known as an acceptable sustainable alternative to PE (polyethylene). The development of the fast-moving consumer goods (FMCG) sector, which results in an increase in retail locations, is projected to fuel the market for polypropylene PP woven bags. The restriction on film plastic bags also significantly boosted sales of polypropylene PP weaved sacks. The market for polypropylene woven sacks is a unique category of bag used for packing. They are in great demand on the global market because of their strength and longevity. Building and construction, agricultural and related sectors, food retail and shopping, etc. are all included in the application segment. The market for polypropylene woven sacks in North America is anticipated to grow the fastest. As end-user sectors including food & confectionary, healthcare, automotive, and others have grown, so has the region's demand for plastics. Furthermore, over the coming years, it is anticipated that the growing use of plastic packaging in the food industry will increase demand for polypropylene woven sacks. The expanding non-woven, food, and construction industries are expected to dominate the Latin American market for polypropylene sacks. Over the forecast period, demand is anticipated to be driven by employment opportunities in this region. Indian Market Outlook Over the past few years, the market in India has witnessed a steady increase in the demand for PP woven bags. This is brought on by a number of elements, including the expanding use of these bags across a variety of industries, their affordability, and their environmental friendliness. The recent restriction on single-use plastics by the Indian government has also increased demand for these bags. One of the largest customers of PP woven bags in India is the agricultural sector. These bags are frequently used to carry and store different types of crops, including rice, wheat, and pulses. For transporting and storing building supplies like cement and sand, the construction industry also makes extensive use of PP woven bags. Another significant user of these bags is the food and beverage sector, which employs them for the packaging and transportation of goods like sugar, wheat and spices. The popularity of PP woven bags in India is due to both its usefulness and environmental friendliness. These bags are a sustainable alternative to single-use plastics because they are recyclable and multi-useable. As the need for PP woven bags increases in the Indian market, it's critical to be sure you're buying a high-quality item. Verify a supplier's reputation and certifications before picking them to make sure they adhere to industry standards. To make sure that the bags can support the weight and pressure of the goods they will be carrying, it is also crucial to verify the bags' thickness and strength. Conclusion Because they are inexpensive, long-lasting, and environmentally friendly, PP woven bags are becoming more and more well-liked. These bags are adaptable and may be used for a variety of tasks, such as transportation, packaging, and shopping. So over the past few years, companies that deal in PP woven bags have seen significant growth. Additionally, PP woven bags have a promising future in the market due to the rising demand for eco-friendly products. Key Players ? Mondi Group ? Muscat Polymers Pvt. Ltd ? Al-Tawfiq Company ? Anduro Manufacturing ? Uflex Ltd ? Berry Globol Group ? United Bags, Inc ? Palmetto Industries ? Emmbi industries ? Mansarovar Agro Sacks Private Limited ? Bang Polypack, Commercial Syn Bags Limited ? ProAmpac, Palmetto Industries ? PrintPack
Plant capacity: PP Bags (L-915 x W-610 mm)(Per Bag Weight App. 90 gms) 100,000 Nos per dayPlant & machinery: 1263 Lakhs
Working capital: -T.C.I: Cost of Project: 2314 Lakhs
Return: 26.00%Break even: 44.00%
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A Business Plan for Epoxy Resin

Epoxy resin is a kind of thermosetting polymer that is extensively employed in many different industries, including electronics and construction. It is a man-made substance composed of a resin and a hardener that, when combined, provide a hard, resilient, and waterproof substance that can be moulded, cast, or used as an adhesive. Epoxy resin is perfect for a variety of applications since it has numerous advantageous qualities, such as excellent adhesion, chemical resistance, and heat resistance. Epoxy resins are available in various grades and can be altered with fillers or additives to suit various applications. They can be coloured to produce various effects and can be either opaque or transparent. Epoxy resin, in general, is a very adaptable substance that may be used to create a variety of items, from flooring and countertops to boat hulls and jewellery. Added Value and Applications Epoxy resin is a highly adaptable substance with a wide range of advantages and uses. Its longevity and resilience to damage are two of its main advantages. It is an excellent option for many industrial and commercial applications because of its exceptional resistance to heat, chemicals, and water. Coatings, adhesives, composites, and building supplies are just a few of the many uses for epoxy resin. Due to its exceptional bonding capabilities, it is a great option for many adhesive applications, including the bonding of glass, metal, and plastic. Additionally, it can be used in composites to create strong yet lightweight materials for the construction, automotive, and aerospace industries. Epoxy resin is used in building for structural adhesives, waterproofing, and floor coverings. Additionally, it can be applied to electronics as a protective coating and in the manufacture of electrical components. Epoxy resin is also well-liked in the art and craft sector for producing distinctive, vivid, and long-lasting surfaces. In recent years, its application in the creation of jewellery, home decor, and furniture has grown in popularity. Indian Market Outlook The epoxy resins market in India is anticipated to grow at a CAGR of 6.95% from 2022 to 2028, reaching a revenue share of $897.80 million by that year. Epoxy resin's Indian market forecast is promising, and in the upcoming years, there will likely be a major increase in demand. Numerous industries, including construction, electronics, automotive, and aerospace, among others, use epoxy resin extensively. Epoxy resin is most frequently used in the building business in India. Epoxy resin is used in building applications such flooring systems, coatings, and adhesives. Epoxy resin demand in India is anticipated to be driven by the rising demand for high-quality infrastructure combined with the expanding construction sector. The market for epoxy resin in India is also anticipated to increase as people become more aware of its advantages, such as its high strength, longevity, and resistance to chemicals and abrasion. Global Market Outlook The size of the global epoxy resin market was estimated at USD 12.84 billion in 2022, and from 2023 to 2030, it is anticipated to expand at a CAGR of 7.3%. During the forecast period, it is anticipated that rising demand from the paints & coatings sector will significantly propel industry growth. In 2022, the Asia Pacific region led the global market and generated more than 59.54% of the total revenue. Over the course of the forecast period, rising construction activities and escalating demand from the automotive industry in developing nations like India, Japan, and South Korea are anticipated to propel the regional market. Additionally, there are many opportunities for the use of epoxy resin-based products in various end-use sectors thanks to the simple availability of raw materials. In 2022, China was the dominant country in the Asia-Pacific area. The country's market expansion is anticipated to be fueled by the growing number of infrastructure development projects and the constantly expanding manufacturing sector. Conclusion Businesses that deal with epoxy resin can be quite successful and offer lots of room for development. Entrepreneurs can position themselves for long-term success while advancing the field of cutting-edge technology and materials by making investments in this sector. Therefore, if you're an entrepreneur seeking a successful business venture, think about starting an epoxy resin company and take advantage of the opportunities that lie ahead! Key Companies • Huntsman International LLC • Kukdo Chemical Co., Ltd. • Olin Corporation • Sika AG • Nan Ya Plastics Corp. • Jiangsu Sanmu Group Co., Ltd. • Jubail Chemical Industries LLC • China Petrochemical & Chemical Corporation (SINOPEC) • Hexion • Kolon Industries, Inc. • Techstorm • Nagase & Co., Ltd.
Plant capacity: Epoxy Resin (Liquid) 100 MT Per DayPlant & machinery: 18 Cr
Working capital: -T.C.I: Cost of Project: 43 Cr
Return: 30.00%Break even: 51.00%
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Start Manufacturing Business Of Polyacrylamide

Water-soluble polymers like polyacrylamide are frequently employed in a variety of industrial and environmental applications. Acrylamide, a simple monomer obtained from petroleum, is polymerized to create it. The linear structure and high molecular weight of polyacrylamide give it special physical and chemical characteristics. It can take in water and expand to produce a gel-like substance, which makes it useful as a thickener, binder, or stabilizer in a range of industries. Additionally, polyacrylamide is very soluble in water, making it simple to mix and disperse into solutions. It can be added to water to clear and eliminate impurities, making it useful in applications like wastewater treatment. Overall, polyacrylamide is a flexible and frequently used polymer that has a number of uses in various industries. Due to its special qualities, it works well in a wide range of applications, which has helped its industry grow at a rapid rate. Applications and Uses There are several uses and applications for the synthetic water-soluble polymer known as polyacrylamide (PAM). The following are a few of the frequent functions and uses of polyacrylamide: Water Treatment: To clear the water and eliminate contaminants, water treatment procedures use polyacrylamide. It is utilised in municipal water treatment facilities, industrial water treatment facilities, and wastewater treatment facilities as a coagulant, flocculant, and settling agent. Enhanced Oil Recovery: Polyacrylamide is used in the oil and gas sector to boost drilling and extraction productivity, hence increasing oil and gas production. In drilling muds and completion fluids, it serves as a viscosity modifier and a fluid loss control agent. Industry of Paper and Pulp: Polyacrylamide is utilised as a retention and drainage aid in the industry of paper and pulp. By strengthening filler and fibre retention and raising drainage rates, it increases the effectiveness of the papermaking process. Agriculture: Polyacrylamide is utilised in agriculture to enhance soil quality and lessen erosion. It is employed as a soil conditioner and a water-retentive agent to enhance soil structure, lessen soil compaction, and increase water holding capacity. Textile Industry: polyacrylamide is used as a binder, thickener, and sizing agent. It is used to increase the dyeability, quality, and strength of fabrics as well as to lessen the amount of chemicals used during manufacture. Mining: Polyacrylamide is used as a flocculant in the mining industry to separate minerals from water and increase the effectiveness of the mineral processing process. In general, polyacrylamide is a flexible polymer that has a variety of uses, including in the treatment of water, oil and gas, paper and pulp, agricultural, textile and mining. Global Market Prospects The size of the world market for polyacrylamide was anticipated to be USD 5.5 billion in 2022 and to increase at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. The industry's growth is anticipated to be fueled by the product's rising demand across a range of application sectors, including wastewater treatment, oil recovery, papermaking, and food and beverage. The market for the product in North America is primarily driven by the water treatment application, which will account for more than 49.0% of all demand in 2022. Water treatment activities are anticipated to be driven by strict regulatory measures against wastewater disposal together with the growing environmental concerns in the area, which is likely to have a favourable effect on the industry's growth. Furthermore, new opportunities in biosciences and pharmaceuticals are anticipated in the region as a result of developments in polyacrylamide polymers used to produce polyacrylamide gel and powder. Indian Market Prospects India is currently experiencing a major rise in the polyacrylamide business. The flourishing agriculture and water treatment industries in the nation are major contributors to the rising demand for this chemical. Farmers in India, a country with a large agricultural industry, have begun using polyacrylamide to stabilise soil, stop soil erosion, and boost water retention in irrigation systems. The industrial sector of the nation additionally strongly relies on polyacrylamide for the sewage treatment process. In the upcoming years, it is anticipated that use of polyacrylamide would rise as the government works to combat water pollution. Traditional chemicals used in these sectors can be replaced by polyacrylamide at a lower cost. In India, demand for the product has increased as a result of its effectiveness and accessibility. With multiple market participants launching new products and extending their distribution networks, the polyacrylamide sector in India is prepared for further expansion. It is anticipated that as India's economy expands, demand for this adaptable chemical will increase even further, opening up several prospects for investment and innovation. Conclusion Its efficiency and adaptability are demonstrated by the growth of the polyacrylamide industry. This chemical is a popular option in many industries thanks to its wide variety of uses and low cost. The substantial demand for Polyacrylamide suggests that its advantages outweigh any potential hazards. We may anticipate many more applications for this chemical in the future with additional research and development. It's critical to continue to think about how this industry affects the environment as it expands and to work towards sustainability in all of our endeavours. We're eager to see where this sector will go next because the future for polyacrylamide appears to be promising. Major Key Players • Anhui Jucheng Fine Chemical Co, Ltd. (CJCC) • Ashland Inc. • BASF SE • Kemira • SNF Group • Black Rose Industries Ltd. • Shandong Polymer Bio-Chemicals Co., Ltd. • Xitao Polymer Co., Ltd. • ZL EOR Chemicals Ltd. • Dongying Kechuang Biochemical Industrial Co., Ltd.
Plant capacity: Polyacrylamide Liquid 50% Solution 200 MT Per DayPlant & machinery: 2247 Lakhs
Working capital: -T.C.I: Cost of Project: 4304 Lakhs
Return: 27.00%Break even: 45.00%
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A Business Plan for Acrylate Resins and Emulsions

An important class of materials that have acquired extensive application in numerous sectors are acrylic resins and emulsions. These resins, which can be produced as a solid, liquid, or gel, are created from acrylic acid and its esters. Contrarily, acrylate emulsions are particularly helpful in aqueous environments since they are made of tiny acrylate resin particles suspended in water. What distinguishes acrylate resins and emulsions from other materials is their adaptability. Excellent qualities like as strong tensile strength, adhesion, durability, and UV resistance are all present in them. They are excellent for a variety of applications because of their high heat, chemical, and water resistance. There are several promising future breakthroughs in the acrylate resins and emulsions sector. Eco-friendly versions of these materials as well as novel uses like 3D printing are becoming increasingly important to manufacturers. It is obvious that acrylate resins and emulsions will continue to play a significant role in many industries for years to come thanks to their great characteristics and broad range of uses. Acrylate Resins And Emulsions' Advantages The advantages of using acrylic resins and emulsions in diverse industrial applications are numerous. A few of the main advantages of acrylate resins and emulsions are as follows: Quick Curing: Since acrylic resins and emulsions dry quickly, they are perfect for use in applications that call for quick drying. They have great durability and adherence. Outstanding Adhesion: Excellent adherence to a variety of substrates, such as metals, plastics, and wood, is offered by acrylate resins and emulsions. They have high endurance and can be used to connect materials with different properties. Extreme Flexibility: Because of their extreme flexibility, acrylic resins and emulsions are perfect for use in applications where the material must bend or flex without breaking. They are durable over time and can tolerate repetitive motion. Chemistry Resistance: Acrylate resins and emulsions have exceptional chemical resistance, making them perfect for usage in challenging conditions. They can withstand the impact of solvents, acids, and alkalis. Low Emissions of Vocs: Low VOC emissions from water-based acrylate emulsions make them environmentally safe. They can be applied in situations where VOC emissions must be limited or are subject to regulation. Simple Handling: Because acrylate emulsions are simple to use and handle, both large- and small-scale applications can benefit from their use. There are several methods for applying them, such as spray, brush, and roller. Uses and Applications There are several uses and applications for acrylic resins and emulsions across numerous sectors. Among the frequent functions and uses of acrylate resins and emulsions are: Coatings: In the creation of numerous coatings, including architectural coatings, industrial coatings, and automotive coatings, acrylic resins and emulsions serve as binders. They give coatings outstanding adherence, durability, and weather resistance. Adhesives: When making different kinds of adhesives, including pressure-sensitive adhesives, hot-melt adhesives, and reactive adhesives, acrylate resins and emulsions are used as binders. They give adhesives exceptional adherence, quick cure, and flexibility. Sealants: When creating sealants for use in a variety of industries, including the automotive and construction industries, acrylate resins and emulsions are used as binders. They offer sealants great adhesion, flexibility, and resilience to the elements and chemicals. Coatings for Textiles: In the textile business, acrylate emulsions are used as binders for a variety of coatings, including fabric coatings, carpet backings, and nonwoven materials. They give textile coverings great adherence and durability. Document Coatings: In the paper and packaging industries, acrylate emulsions are employed as binders for numerous coatings, including release coatings, packaging coatings, and paper coatings. They give paper coatings outstanding adhesive and barrier qualities. Products for Personal Care: In cosmetics, skin care, and personal care items like hair styling products, acrylate emulsions are employed. They give personal care products superior viscosity control and emulsifying capabilities. Acrylate resins and emulsions are adaptable polymers with a wide range of uses, including in the production of coatings, sealants, textile and paper coatings, adhesives, and personal care products. They are perfect for use in demanding applications because of their superior qualities and performance. Global Market Outlook The market for acrylic resins was valued at over USD 15.4 billion in 2021 and increased at a CAGR of nearly 5.2% from 2022 to 2030. By 2030, the market is anticipated to grow to a size of over USD 24.3 billion. One of the main drivers of market growth is the rise in investments in the building of residential and commercial infrastructure as a result of rapid urbanization, a rising global population, and rising income levels. Transparent sheeting, opaque cladding and panel materials, paints, resins, sealants, concrete, mortar, renders, carpets, furniture, bathtubs, shower trays, sinks, and architectural fabrics are all made with acrylic resins. Aside from this, acrylic resins are used in the automotive industry for repair finishes because of their good plasticizer resistance and flexibility. This is assisting in the market's expansion along with increasing passenger vehicle sales. Summary A growing number of people are using acrylic resins and emulsions because of their superior performance, adaptability, and affordability. In the years to come, the market for acrylate resins and emulsions is anticipated to experience considerable expansion and innovation due to the industry's growing need for high-performance and sustainable materials. More specialised solutions that meet certain sector demands and issues should become more prevalent as the market develops, which will ultimately help the economy and society as a whole. Key Companies • Aditya Birla Group Chemicals • Mitsubishi Chemical Corporation • Arkema • Cardolite Corporation • BASF SE • Kukdo Chemical Co., Ltd., • Evonik Industries AG • Hexion • Huntsman International LLC • DSM
Plant capacity: Acrylate Resins 10,000 MT Per Annum Acrylate Emulsions 10,000 MT Per Annum Plant & machinery: 500 Lakhs
Working capital: -T.C.I: Cost of Project: 2291 Lakhs
Return: 30.00%Break even: 54.00%
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Start Production Of Polyurethane Prepolymer

PUP, also known as polyurethane prepolymer, is a versatile substance utilised in a variety of industries. Isocyanates and polyols, two distinct ingredients, are combined to generate PUP, a liquid resin. Following that, a variety of products, including adhesives, coatings, foams, and elastomers, are made using this resin. Due to its exceptional durability and resistance to chemicals, abrasion, and impact, PUP is an essential material for numerous industrial applications. Additionally, it can be tailored to meet the unique requirements of various applications, such as flexibility, stiffness, or fire resistance. PUP is used for a variety of purposes outside of just industrial ones. Additionally, it is employed in the manufacture of consumer goods like furniture, mattresses, and shoes. PUP is a useful substance in many other industries thanks to its adaptability, making it a wise investment for businesspeople hoping to profit from this developing sector. Applications and Uses of Polyurethane Prepolymer There are numerous uses for polyurethane prepolymer in numerous sectors. Making adhesives, sealants, and coatings is one of its principal applications. These materials can be used in a wide range of applications, including electronics, automotive, and construction. Producing insulating foams and coatings for use in building uses polyurethane prepolymer. These materials have excellent thermal insulation qualities and can lower a building's energy expenses. High-performance coatings and adhesives are made in the automotive industry using polyurethane prepolymer. These materials have a high level of abrasion resistance and can give cars and other vehicles a tough, long-lasting finish. Polyurethane Prepolymer is used in electronics to provide adhesives and protective coatings for electronic components. These materials offer excellent defence against heat, moisture, and other environmental elements that might harm electrical gadgets. The creation of synthetic fibres, elastomers, and even biomedical products like implants and prosthesis are other uses for polyurethane prepolymer. Overall, Polyurethane Prepolymer is a crucial component in several sectors because to its adaptability and dependability. In today's rising industry, investing in a company that manufactures and distributes polyurethane prepolymer might be a wise and profitable choice for an entrepreneur. Why Should A Business Owner Invest In This Industry? There are many reasons why business owners should think about investing in the booming polyurethane prepolymer sector. Some of the strongest arguments are as follows: 1. Growing Demand: A variety of industries, including construction and the automotive sector, require polyurethane prepolymer. Demand for polyurethane prepolymer rises along with the demand for strong and lightweight products. It is a wise investment for business owners because it is anticipated that this expanding demand will last for a very long time. 2. High Profit Margins: Because Polyurethane Prepolymer manufacture requires a lot of capital, the profit margins are often higher than in other sectors. If you decide to invest in this company, you can anticipate a healthy return on your money as an entrepreneur. 3. Environmentally Friendly And Sustainable Materials: Polyurethane prepolymer is well known for being a sustainable substance. A future that is more sustainable can be achieved by supporting entrepreneurs in this industry as more and more consumers place a high priority on eco-friendly items. 4. Opportunities for Innovation: The polyurethane prepolymer market is continually changing, with new goods and methods of operation appearing all the time. Investors in this company have the chance to be at the cutting edge of this innovation, advancing the sector and staying one step ahead of the competition. 5. Wide Range of Uses: Polyurethane Prepolymer has a wide range of uses, including coatings, adhesives, and insulation. Because of their ability to access a variety of markets and revenue sources, entrepreneurs are less dependent on any one aspect of their firm. Global Market Outlook In terms of revenue over the projected period (2023-2030), the global polyurethane prepolymer market was estimated to be worth US$ 491.5 Mn in 2022 and is anticipated to grow at a CAGR of 6.40% to reach US$ 807.3 Mn by 2030. Due to their outstanding qualities, including adhesion, durability, insulation, and water resistance, polyurethane prepolymers are frequently utilised in the building sector. The market for polyurethane polymers is being driven by the expansion of the construction sector, particularly in developing nations. For instance, the Smart Cities Mission, Housing for All, and other infrastructure development initiatives announced by the Indian government are anticipated to boost demand for polyurethane polymers. This aspect could accelerate the market for polyurethane polymers worldwide. Due to its use in the production of numerous vehicle components like seats, dashboards, steering wheels, and others, the automotive sector is a significant user of polyurethane prepolymers. The usage of polyurethane prepolymers in the automotive sector is driven by the rising need for lightweight, fuel-efficient automobiles. Conclusion Entrepreneurs searching for a high-growth, high-profit sector with solid sustainability credentials might consider investing in the polyurethane prepolymer market. It's understandable why more and more business owners are opting to engage in this exciting industry given its wide range of uses, rising demand, and healthy profit margins. Major Players ? BASF ? Lanxess ? Covestro ? ShanDong Inov Polyurethane ? Zibo Huatian Rubber and Plastic ? Asia Huaxin Rubber ? Zibo Hengjiu ? Shanghai Hecheng ? Jiangsu Qianmeite Polyurethane
Plant capacity: Polyurethane Prepolymer (HMDI Series) 50,000 MT Per AnnumPlant & machinery: 2336 Lakhs
Working capital: -T.C.I: Cost of Project: 4866 Lakhs
Return: 29.00%Break even: 49.00%
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Setup Plant Of Zinc Chloride

A very soluble inorganic substance in water is zinc chloride. It is known for its corrosive and extremely acidic qualities and is produced by mixing zinc and hydrochloric acid. It has a strong smell and appears as a white or colourless crystalline substance. Due to its adaptable qualities, zinc chloride is frequently employed in a range of industrial and commercial applications. It has a wide range of applications in various industries and is quite reactive. Due to its distinctive qualities, it is a preferred option for a variety of goods and procedures, making it one among the most sought-after chemicals on the market. The Advantages of Zinc Chloride Due to its many advantages, zinc chloride is a significant chemical that is utilised extensively across different sectors. The following are a few benefits of utilising zinc chloride: a. Preventing Corrosion: In order to stop corrosion, zinc chloride is frequently added to paints, coatings, and other materials. It creates a shield that shields the underlying material from moisture and other corrosive substances. b. Battery Manufacturing: Zinc chloride is a necessary ingredient in the manufacture of batteries. By enhancing the energy density and power output of batteries, efficiency can be raised. c. Wood Treatment: To protect wood from rot and insect damage, zinc chloride is used as a wood preservative. Additionally, it works well in halting bacterial and fungal decay. d. Textile Industry: To set dyes and enhance the colour fastness of cloths, zinc chloride is employed as a mordant in the textile industry. e. Water Treatment: To remove impurities and disinfect water, zinc chloride is used in the treatment process. Heavy metals and other pollutants are particularly well-removed from the water thanks to this method. Overall, there are numerous and varied advantages of employing zinc chloride. The demand for zinc chloride is anticipated to keep growing in the upcoming years as more industries continue to learn about its applications. Indian Market Outlook A recent analysis predicts that the Indian zinc chloride market would expand at a CAGR of about 5% from 2021 to 2026. This expansion is attributed to both the expanding Indian economy and the rising demand for zinc chloride in a variety of industries. In India, demand for zinc chloride has been expanding rapidly in recent years. Zinc chloride is employed in a variety of industries, including metallurgy, chemical, pharmaceutical, and textile, because to its special chemical properties. One of the key factors influencing growth in India is the rising demand for zinc chloride in the textile industry. The mercerization process, which increases the strength and lustre of cotton fibres, uses zinc chloride. Zinc chloride is also used in the pharmaceutical business as a disinfectant and as a component of pharmaceuticals. In addition, zinc chloride plays a significant role in the creation of dry cell batteries. The demand for batteries to power electric vehicles is likely to continue to rise, which would fuel India's demand for zinc chloride. The promotion of renewable energy sources by the Indian government, such as solar power, is another factor fueling zinc chloride demand. Solar panels, which are becoming more and more common in India due to the country's abundant sunlight, are made using zinc chloride. Global Market Outlook The size of the global zinc chloride market was $299 million in 2021 and is projected to grow to $464 million by 2030, with a sizable CAGR of 5.2% from 2022 to 2030. Zinc chloride is in high demand in the chemical sector because of its desirable chemical characteristics and affordable price. It is becoming more widely used in applications such as odour control, chemical synthesis, galvanising, soldering, and tinning fluxes. Due to expanding use in numerous end-use industries, such as agriculture, textiles, pharmaceuticals, and electronics, among others, zinc chloride demand is rising. Additionally, the market is growing as a result of the rising use of zinc chloride as an electrolyte in automotive dry cell batteries. Growing demand from the chemical, electronic, and agricultural industries is a key element fueling market expansion. Additionally, during the projected period, the zinc chloride market will experience growth in demand from a variety of end-user industries as well as increased modernization in product offerings. Conclusion Zinc chloride is a useful chemical molecule with numerous applications, and in recent years, its demand has been rising quickly. The uses of zinc chloride are practically limitless, ranging from manufacturing flame retardants to being used as a wood preservative. Zinc chloride is destined to play an increasingly important role in multiple industries as the world moves towards a sustainable future because of its eco-friendly qualities and its capacity to improve performance and longevity of various items. Key Companies Profiled ? Flaurea Chemicals, ? Eurocontal SA, ? American Elements, ? Vijaychem Industries, ? Haihua Industry, ? Global Chemical Co. Ltd, ? PT. Indo Lysaght, Lipmes, ? YangguZhongtian Zinc Industry Co., Ltd., ? TIB Chemical AG, ? Pan-Continental Chemical Co., Ltd.
Plant capacity: Zinc Chloride from Zinc Ash 2,700 MT Per Annum Zinc Chloride from Zinc Oxide 300 MT Per AnnumPlant & machinery: 229 Lakhs
Working capital: -T.C.I: Cost of Project: 751 Lakhs
Return: 27.00%Break even: 55.00%
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Start Latex Rubber Thread Manufacturing Plant

A sort of elastic material created from either natural rubber or synthetic latex is known as latex rubber thread, also known as elastic thread. It is largely employed in the textile industry to produce stretchy materials for lingerie, bra straps, and elastic waistbands. Once the tension is released, the thread can easily snap back into shape after stretching up to several times its original length. A cotton or polyester core is coated with a rubber or latex solution during manufacture, creating a stretchy, flexible thread that is strong and light. The Manufacturing Process 1. Harvesting: Rubber trees are harvested for their natural latex by cutting tiny slits in their bark, then collecting the latex that seeps out. 2. Coagulation: After the collected latex has been exposed to coagulating chemicals like formic acid or acetic acid, the rubber particles coagulate and solidify into a mass. 3. Washing and Cleaning: To get rid of any impurities and extra water, the coagulated rubber is next washed and cleaned. 4. Mastication: After being well cleaned, the rubber is then put through a masticator, which reduces it to little bits and softens it. 5. Extrusion: The rubber is shaped into a long, cylindrical form by being fed through an extruder machine once it has been softened. 6. Dipping: After being extruded, the rubber is next submerged in a coagulating liquid, where it solidifies and forms a thin layer on the outside. 7. Vulcanization: To vulcanize the rubber and make it more resilient and elastic, the dipped rubber is then put in an oven and heated to a high temperature. 8. Rolling: Following vulcanization, the rubber is stretched and shaped into a thin, continuous thread by a series of rolling machines. 9. Packaging: To facilitate shipment and distribution, the completed latex rubber thread is wrapped onto spools or cones and packed. In order to create a high-quality, long-lasting product, the manufacture of latex rubber thread entails a number of stages and specialised equipment. The resulting thread's flexibility, toughness, and adaptability make it popular across a variety of sectors. Applications and Uses A sort of elastic thread created from natural rubber is called latex rubber thread. It has numerous applications and uses throughout numerous industries, including: Textile Business: Clothing, intimate apparel, and athletic wear are all made with latex rubber thread in the textile business. It is used to make sleeve and leg cuffs, elastic waistbands, and lingerie and swimwear. Medical Industry: Latex rubber thread is used to make medical devices including catheters, surgical gloves, and other apparatus that needs an elastic component. Packaging Industry: In the packaging industry, latex rubber thread is used to close bags and pouches securely. Agriculture Sector: To support growing plants and trees, the agriculture sector uses latex rubber thread. Jewellery Industry: Latex rubber thread is used to make beaded necklaces and bracelets in the jewellery industry. Additionally, it's employed in the creation of watch straps. Stationery Industry: In the stationery sector, latex rubber thread is utilised as a binding substance for notebooks, journals, and other paper goods. In addition to these uses, latex rubber thread is also made into toys, vehicle parts, and business-related items. Overall, latex rubber thread has a wide range of functions and applications, making it a necessary component in numerous sectors. It is a well-liked option for a diverse range of applications due to its elasticity, toughness, and versatility. Global Market Prospect Due in part to the rising demand for environmentally safe and sustainable products, the latex rubber thread industry has experienced a substantial boom in recent years. Market research assessments predict that the global latex rubber thread market will expand between 2021 and 2028 at a CAGR of about 6.5%. The main forces driving this expansion are the rising need for healthcare products like condoms and disposable gloves as well as the rising demand from the textile industry for items like elastic tapes, waistbands, and hosiery. The demand for elastic clothing items has expanded along with the athleisure trend and active lifestyle. The Asia Pacific area, with its sizable population and expanding industrialization, is the greatest market for latex rubber threads. Additionally, thanks to their affordable labour costs and skilled labour force, developing nations like India, China, and Bangladesh have emerged as major exporters of latex rubber threads. The demand for environmentally friendly latex rubber threads is expanding quickly as people become more conscious of how their purchases affect the environment. In the upcoming years, it is anticipated that this trend would fuel demand for natural latex rubber threads. Conclusion It is impossible to dispute the latex rubber thread industry's success. The industry has been booming recently as a result of cutting-edge technology and an increase in demand. Businesses in this industry can prosper and remain competitive in the years to come by keeping an eye on market developments and client wants. Companies Profiled ? Rubberflex Sdn Bhd ? Natural Rubber Thread Co. Ltd ? Thai Rubber Latex Corporation ? H.V.Fila ? Longtex Rubber Industry ? Rondex (Thailand) Co.,Ltd ? Rubfila International ? Thai Filatex Public Company ? Metropoli Overseas Ltd ? Filatex-VCT ? Fintex ? Hainan Rubber Group ? DS Group
Plant capacity: Latex Rubber Thread 200 Kg. Per DayPlant & machinery: 145 Lakhs
Working capital: -T.C.I: Cost of Project: 412 Lakhs
Return: 26.00%Break even: 33.00%
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A Business Plan For Activated Carbon from Coconut Shell

Coconut shell activated carbon is a naturally occurring kind of activated carbon that is obtained from the coconut shell. It is a porous, dark substance that is employed in the purification of water, air, and other substances to eliminate pollutants, poisons, and contaminants. The excellent adsorption capabilities of activated carbon make it a powerful air and water cleansing technology. Activated carbon made from coconut shells is becoming more and more well-liked since it is environmentally friendly, inexpensive, and effective at eliminating impurities. How Is It Produced? The carbonization technique is used to produce activated carbon from coconut shell. In the absence of oxygen, coconut shells are burned to high degrees and turned into char. Then, after being exposed to steam or chemicals to produce thousands of tiny pores and increase its surface area, the char is activated. The carbon's structure is altered during the activation process, making it much more adsorbent. This indicates that contaminants like pollution and chemicals can be drawn to it and retained there. To maintain uniform quality, the production of activated carbon from coconut shell is strictly controlled and standardised. The activated carbon that results is then rated according to the size of its pores, which establishes its specific use and efficiency. Overall, the method of producing activated carbon from coconut shell is a straightforward but incredibly efficient technique to turn trash into a useful commodity. Uses and Applications Coconut shell-derived activated carbon is a highly porous substance with numerous uses and applications. Here are a few of the most typical: Water Treatment: Activated carbon works well to remove impurities from water. Coconut shell activated carbon is frequently used to clean industrial wastewater as well as to cleanse drinking water. Air Purification: By adsorbing contaminants like volatile organic compounds (VOCs), gases, and odours, activated carbon is also used to clean the air. In many air filtration systems, including those used in homes, workplaces, and automobiles, coconut shell activated carbon is used. Gold Recovery: In the gold mining industry, activated carbon is used to extract gold from cyanide leach solutions. For this application, coconut shell activated carbon is the material of choice due to its high adsorption capability and affordable price. Applications in Medicine: Activated carbon has a number of uses in medicine, including the treatment of poisoning and drug overdoses. In order to clean blood and other fluids of contaminants, activated carbon from coconut shells is also utilised in medical filters. Industry of Food and Beverages: Products like sugar, wine, and fruit juices are cleaned of contaminants, odours, and colours with activated carbon. Because it is made of natural ingredients and doesn't contain any hazardous chemicals, activated carbon from coconut shells is preferred. Environmental Remediation: To remove pollutants from soil and water, environmental remediation operations employ activated carbon. Because of its high adsorption capability and affordable price, coconut shell activated carbon is frequently utilised for this purpose. Activated carbon can be utilised as an electrode material in energy storage systems like batteries and super capacitors. The high energy density and high power density of coconut shell activated carbon make it a viable material for energy storage applications. Benefits of Coconut Shell Activated Carbon High Adsorption Capacity: The highly porous structure of coconut shell activated carbon, which enables it to capture contaminants and pollutants from both air and water, gives it a high adsorption capacity. Renewable and Sustainable: Coconut shell is a renewable and sustainable resource, which makes activated carbon derived from coconut shell an eco-friendly alternative to other types of activated carbon derived from non-renewable sources. Low Ash level: Coconut shell-derived activated carbon has a low ash level, making it perfect for use in the processing of food and beverages. Chemical-Free: Coconut shell activated carbon is a substance that contains no chemicals, making it suitable for use in medical procedures and the filtration of drinking water. Cost-Effective: Coconut shell-derived activated carbon is more affordable than other types of activated carbon, which makes it a preferred option for a variety of industrial applications. Overall, due to its high adsorption capacity, sustainability, low ash content, chemical-free nature, and cost-effectiveness, activated carbon made from coconut shell is a suitable material for a variety of applications. Global Market Outlook In 2022, the market for activated carbon was estimated to be worth USD 3.62 billion. From 2023 to 2030, it is expected to increase at a CAGR of 2.6%. The rising demand for water treatment and sewage treatment applications is anticipated to be the key development driver. The raw materials employed have a significant impact on the product's purity. Calcium is present in GAC made from wood, whereas iron is present in GAC made from coal. Ashes can also be found in coconut-based products (2-4%), wood (3-6%), bituminous & anthracite (5-15%), and lignite (25-30%). Compared to coal and coconut shell goods, wood-based products contain a higher proportion of meso and macropores. In 2022, Asia Pacific held a 51.0% revenue share, dominating the market. This is due to the fact that Asia Pacific is a lucrative market for the purchase of coconut shells as well as AC made from coconut shells. In the area, activated carbon is frequently applied to the purification of water and gold mining processes. Due to their higher oil content, Indian dry coconuts are favoured above those from other Asia Pacific nations. Coconut shells are sourced from Asian nations like India, Sri Lanka, Indonesia, the Philippines, and Haycarb, two significant market players. After Asia Pacific, North America is the second-largest market. The main variables expected to have a beneficial impact on the market are expected to be an increase in elderly population, rising automotive demand in the region, and rising environmental concerns. Gas phase applications are predicted to follow a similar trajectory, while PAC applications are anticipated to have a sharp increase. Conclusion Due to its many advantages, coconut shell-derived activated carbon is a booming industry. This substance is an eco-friendly replacement for conventional activated carbon because it is both sustainable and renewable. It is also quite simple to make, and the finished product has outstanding adsorption abilities. Utilising activated carbon made from coconut shell has more advantages than disadvantages. As more businesses look for sustainable, environmentally friendly solutions to their purifying needs, this material's appeal is expected to increase. As a result, business owners looking for lucrative initiatives ought to take into account this expanding business possibility. Key Companies • CarbPure Technologies • Boyce Carbon • Cabot Corporation • Kuraray Co. • CarboTech AC GmbH • Donau Chemie AG • Haycarb (Pvt) Ltd. • Jacobi Carbons Group • Kureha Corporation • Osaka Gas Chemicals Co., Ltd • Oxbow Activated Carbon LLC • Carbon Activated Corporation
Plant capacity: Activated Carbon 5 MT per dayPlant & machinery: 316 Lakhs
Working capital: -T.C.I: Cost of Project: 743 Lakhs
Return: 26.00%Break even: 58.00%
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Start Manufacturing Business of Biodegradable Plastic Bags From Corn Starch

Environmentally friendly alternatives to conventional plastic bags include biodegradable plastic bags manufactured from corn starch, often known as corn plastic or PLA (polylactic acid) bags. These bags are constructed from natural resources, mostly corn flour that has undergone a polymerization process. The plastic-like material that results from this polymer's use can subsequently be moulded into bags. When exposed to heat, moisture, and microbes, biodegradable bags composed of corn starch compost, meaning they will decompose into organic matter. Conventional plastic bags, on the other hand, can take hundreds of years to degrade and frequently wind up contaminating our oceans and killing species. Due to their lesser need for non-renewable resources and carbon neutrality, which means they don't cause greenhouse gas emissions during production, PLA bags have a smaller impact on the environment. Additionally, they offer customers a safer alternative because they don't decompose into harmful chemicals like conventional plastic bags do. Note that although PLA bags can be composted, they must do so at a specialised facility. They won't degrade correctly in a backyard compost pile, and if they aren't carefully sorted, they could contaminate the composting process. Overall, maize starch-based biodegradable bags are a great replacement for conventional plastic bags and a vital complement to any environmentally conscious practise. Prospects for This Sector The demand for biodegradable plastic bags produced from maize starch is anticipated to rise as people's awareness of environmental issues grows. To make these bags more dependable and inexpensive for consumers, several businesses are investing in research and development to improve the production of these bags. Development of environmentally suitable substitutes for conventional plastic bags is essential given the current level of plastic pollution. More consumers are moving to biodegradable plastic bags, and businesses are taking responsibility for their environmental impact, so this industry's future appears bright. The Advantages of Biodegradable Plastic There are many advantages of using biodegradable plastic over conventional plastic, also referred to as compostable plastic. The following are some of the major benefits of biodegradable plastic: Benefits for The Environment: When exposed to the environment, biodegradable plastic is intended to disintegrate into harmless elements like carbon dioxide and water. This indicates that it doesn't add to the accumulation of plastic garbage in the environment or the ocean. A Smaller Carbon Footprint: Biodegradable plastic manufacture uses less energy and produces fewer greenhouse gases than conventional plastic production. As a result, both producers and customers can benefit from it in a more sustainable way. Versatility: From packaging materials to throwaway plates and cups, biodegradable plastic can be used in a variety of contexts. As a result, it may eventually take the place of conventional plastic in a variety of industries. Rising Consumer Demand: There is an increasing need for biodegradable substitutes as customers become more conscious of the negative environmental effects of conventional plastic. Businesses now have more chances to market and offer biodegradable goods. Enhanced Soil: Additionally, composting can be used to use biodegradable plastic, which decomposes and provides nutrients to the soil. This may aid in promoting sustainable agriculture and lowering the amount of garbage disposed of in landfills. In general, biodegradable plastic is more advantageous than conventional plastic in terms of reduced environmental impact, adaptability, and rising customer demand. Biodegradable plastic has the potential to significantly contribute to the development of a more sustainable future, despite the cost and scale issues that still need to be resolved. View of the World Market The market for biodegradable plastics is predicted to grow from $4,276.9 million in 2020 to $8,940.5 million by 2028, at a remarkable CAGR of 9.5%. A process known as biodegradation uses bacteria and fungus to partially or completely break down a substance into CO2, water, and biomass. Plastic that can be composted or biodegraded breaks down in precise conditions into CO2 or methane, biomass, and water by living creatures, particularly microorganisms. Petrochemicals, microorganisms, and renewable raw materials are typically used in the production of biodegradable polymers. Biodegradable plastics are utilised extensively in many applications, particularly packaging, due to their ability to break down naturally. The market for biodegradable plastics in the Asia-Pacific region had revenues of $2,003.8 million in 2020 and is anticipated to reach $4,133.1 million by the year 2026. This dominance is largely credited to the packaging industry's strong economic growth for the use of biodegradable plastics as well as consumers' growing positive attitudes towards its use to reduce plastic pollution. Growing economies like China and India have imposed strict restrictions on the use of traditional plastics, and key manufacturers there are launching sustainable packaging options including bio-based products, which are predicted to drive market expansion over the course of the review period. Conclusion It appears that maize starch-based biodegradable plastic bags have a promising future. We can have a beneficial impact on the environment by investing in eco-friendly alternatives and meeting the growing demand for sustainable options from consumers and businesses. To lessen our impact on the environment and save it for future generations, it is up to every one of us to make minor adjustments to our everyday activities. Key Companies Profiled • NatureWorks LLC • BASF SE • Total Corbion • Mitsubishi Chemical Holdings Corporation • Danimer Scientific • Novamont SpA • Biome Technologies plc • Dow • TORAY INDUSTRIES, INC. • Eastman Chemical Company
Plant capacity: Biodegradable Plastic Bags (Per Bag 25 gms Size) 12 MT per day Plant & machinery: 1053 Lakhs
Working capital: -T.C.I: Cost of Project: 1498 Lakhs
Return: 28.00%Break even: 49.00%
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Start Cosmetic Unit (Serum, Cream, Shampoo & Lipstick) Manufacturing Plant

A cosmetic unit is a collection of items that often consists of lipstick, shampoo, serum, and cream. The daily beauty routines of both men and women are catered to by this assortment of cosmetics. Everything they require for basic skincare and hair care is provided. The cosmetics industry is constantly evolving and searching for fresh styles and original concepts. A cosmetic unit is a terrific business opportunity because there is a rising desire for natural and organic items. These four items work together to offer your customers a one-stop shop for all of their beauty requirements. The ease of storage, portability, and long shelf lives of cosmetic products reduce the danger of loss and damage, making the launch of a cosmetic unit a wonderful business concept. As a result, ordering supplies, managing inventory, and storing the goods are made simpler. In addition, clients increasingly prefer to buy their beauty items online from the convenience of their homes. With a cosmetic unit, you can present all of your products together in one box while also emphasizing the advantages of the bundle. Why Should Business Owners Invest In This Sector? Entrepreneurs may think about making an investment in the cosmetics market for a number of reasons: Increasing Demand: Over the years, the demand for cosmetics has steadily increased, and this trend is anticipated to continue. This is caused by a number of things, including shifting consumer preferences, rising disposable income, and the rising appeal of cosmetics and personal care items. Low-Cost Margins: High profit margins are common in the cosmetics sector, particularly for luxury and premium goods. Entrepreneurs are able to build a successful company in this sector with the appropriate branding and marketing tactics. Diversification: Entrepreneurs who want to diversify their portfolio may find that investing in the cosmetics sector is an excellent choice. There are several options to target various customer categories and demographics with a variety of products, including serums, creams, shampoos, and lipsticks. Innovation: New technology and ingredients are continually being developed to produce cutting-edge products in the cosmetics sector. Entrepreneurs who make investments in this sector can take advantage of these developments and beat the competition. Global Impact: Cosmetics are marketed in markets all around the world, making the industry a global one. Entrepreneurs can take advantage of this to grow their companies and enter new industries. It is crucial to remember that the cosmetics sector is quite competitive and has a wide range of well-known brands and businesses. To thrive in this sector, entrepreneurs would need to thoroughly analyse the market and create a distinctive value offer. Global Market Outlook The size of the worldwide cosmetics industry was estimated at USD 262.21 billion in 2022, and it is anticipated to rise at a CAGR of 4.2% from 2023 to 2030. The widespread growth in the use of skincare and personal care products, together with the rise in the world's ageing population, is one of the major reasons fueling the market's expansion during the duration of the forecast. The market is growing as a result of escalating fashion trends as well as significant product innovation in skincare, hair colour, and other product formulas and packaging. The skincare, haircare, makeup, fragrance, and other categories (hygiene and personal care items) make up the remainder of the worldwide cosmetics sector. In 2022, the skincare market category among them had a greater market share of more than 38%. One important element that contributes to its highest market share is the growing tendency towards skincare cosmetics like face cream, powder, and sunscreen lotions due to their widespread availability in many varieties. Additionally, the segmental growth was aided by the significant popularity of customised skincare products in developed economies like the US, the UK, and others. Additionally, the availability of skin care products with active ingredients that have curative and nourishing qualities added to the market's expansion. Conclusion The entire solution to daily beauty routines is a cosmetic unit. It's a great business opportunity for entrepreneurs because it has strong profit margins, a stable market, and rising consumer demand for natural and organic goods. Global Cosmetics Market • Coty Inc. • L'Oréal S.A. • Estée Lauder Companies Inc. • Revlon, Inc. • Avon Products Inc. • Unilever PLC • Shiseido Company, Limited • Godrej • Procter & Gamble • Beiersdorf AG • Henkel AG & Co. KGaA • Kao Corp. • Hoyu Co., Ltd.
Plant capacity: Serum 666.6 Nos Per Day Cream 2,000 Nos Per Day Shampoo 4,000 Nos Per Day Lipstick 10,000 Nos Per DayPlant & machinery: 46 Lakhs
Working capital: -T.C.I: Cost of Project: 1617 Lakhs
Return: 36.00%Break even: 37.00%
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