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

The economy of Bhutan, one of the world's smallest and least developed countries, is based on agriculture and forestry, which provide the main livelihood for more than 60% of the population. Agriculture consists largely of subsistence farming and animal husbandry. The economy is closely aligned with India's through strong trade and monetary links and dependence on India's financial assistance. Most production in the industrial sector is of the cottage industry type. Most development projects, such as road construction, rely on Indian migrant labour. Model education, social, and environment programs are underway with support from multilateral development organisations.

The industrial sector is in a nascent stage, and though most production comes from cottage industry, larger industries are being encouraged and some industries such as cement, steel, and ferroalloy have been set up. Most development projects, such as road construction, rely on Indian contract labour. Agricultural produce includes rice, chilies, dairy (some yak, mostly cow) products, buckwheat, barley, root crops, apples, and citrus and maize at lower elevations. Industries include cement, wood products, processed fruits, alcoholic beverages and calcium carbide.

Bhutan’s hydropower industry accounts for 32% of the nation’s economy. The dependency on a single sector is a potential risk factor, the report states. As an alternative revenue generation sector, the government is promoting tourism, which also hopes to generate employment. Like in most countries, the Cottage and Small Industry (CSI) play a pivotal role in the overall industrial economy of Bhutan.

 

Business Sectors

Agriculture Industry

Agriculture in Bhutan has a dominant role in the Bhutan's economy. Approximately 80% of the population of Bhutan are involved in agriculture. Over 95% of the earning women in the country work in the agricultural sector. Majority of the refugees in this Himalayan nation are also employed in the agricultural sector. Agriculture in Bhutan is characterized by its labor-intensive nature with relatively low intensity of farm inputs.

Major crops cultivated in Bhutan are maize and rice. Maize accounts for 49% of total domestic cereal cultivation, and rice accounts for 43%. Rice is the major staple crop. Agriculture in the country includes cultivation of wheat and other minor cereal crops. Paddy is the primary crop in those regions where proper irrigation is available. Apart from paddy, other crops like wheat, barley, oil seeds, potato and different vegetables are also cultivated in these lands. The primary goals of agriculture in Bhutan are to raise the per capita income of the people living in rural areas, to enhance self-sufficiency in staple crops, and to increase the productivity per unit of farm labor and agricultural land.

There may be investment opportunities in:

  • Dall Mill (Split Dalls/ Pulses for Chhilke-wali Moong, Urad, Arhar, Channa, Masoor)
  • Poha (Rice Flakes)
  • Atta, Maida Suji & Wheat Bran (Wheat Flour Plant) Roller Flour Mill
  • Rice Powder, Puttu and Wheat Powder
  • Biscuits & Candy
  • Rice Mill(Parboiled Rice)
  • Bakery industry, etc.


Minerals and Mining

The country’s mineral industry was small and insignificant to its economy and was dominated by the production of cement, coal, dolomite, gypsum, and limestone. Known resources included deposits of beryl, copper, graphite, lead, mica, pyrite, tin, tungsten, and zinc. Mining is one of the fastest growing industries in Bhutan generating average revenue of 54 million U.S. dollars or contributing 3 percent to country's GDP.

Industrial mineral products were the primary output of Bhutan’s mineral industry and included dolomite, graphite, marble and slate, and sand and stone. The production of a variety of stone materials and energy fuels had been increasing steadily in recent years and corresponded to the increased demand for these commodities in the construction sector. While major exports of minerals are made in raw form, Bhutan processes some of its minerals into value-added products such as calcium carbide, cement, and ferrosilicon.

Accordingly, Bhutan’s policies on mining and quarrying consider inter-generational equity. This is important since minerals constitute vital raw materials for the mineral based manufacturing industries and are a major resource for economic development of a country. Bhutan is endowed with rich mineral resources that has allowed for the sustainable growth of a mineral based industry and export base. This mineral resource exploitation and value addition has helped generate employment and can contribute towards poverty alleviation.

There may be investment opportunities in:

  • Artificial Marble Tiles
  • Granite (Marble) Polishing Batti (Bar)
  • Granite Marble Cutting and Polishing Unit
  • Calcium Carbonate from Marble Chips
  • Coal Washing Unit
  • Ferro Silicon Manufacturing
  • Gypsum plaster boards
  • Beneficiation of chromium, nickel and manganese ore
  • Integrated production unit of gypsum powder, gypsum board
  • P.V.C. laminated gypsum ceiling tiles, etc.


Livestock Industry

Livestock farming practices continue to evolve in response to rapid modernization and growing economic opportunities in the Bhutan Himalaya. Animal husbandry is an integral part of farming activities in Bhutan and, especially in the high altitude or alpine regions, animal husbandry forms virtually the sole economic activity. The consumption of animal products is an important element of the Bhutanese diet.

Livestock is an integral part in all Bhutanese farming systems. While most households rear livestock for home consumption, livestock farming and nomadic herding are the predominant activities in the alpine and cool temperate zones. Over 80 per cent of rural households own cattle. Other significant livestock include poultry (reared by about 65% of rural households), pigs (38%), horses (23%), goats (15%) and yaks (2%). Inadequate pasture land and poor access to markets are significant constraints to improving production, but increasing urban demand for livestock products is encouraging farmers near urban areas to keep better breeds and improve feed and fodder management. In the livestock sector artificial insemination covers not only Jersey breeds that are high yielding but also for the production of Jatsa and Jatsam that are local high yielding varieties.

The indigenous cattle are the most important livestock genetic resources for food, animal energy and household income in Bhutan. Poultry farming is one of the important livestock farming components in Bhutan.

There may be investment opportunities in:

  • Aquaculture Fish Farming
  • Prawn/Shrimp Farming
  • Poultry & Broiler Farming
  • Management of Rabbits/Angora Rabbit Farming
  • Goat & Sheep Farming
  • Poultry Farm for Producing Eggs
  • Animal Feed Using Date Pits, Discarded Dates and Other Ingredients
  • Pig Farming
  • Cattle Feed, etc.

 

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Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

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Potato Flakes

Potatoes can be consumed in varied forms. In fact, it is a vegetable that can easily be combined with any other food item including other vegetables, cereals, pulses, meat and poultry. Potato flakes are the most important form of dehydrated potato products, which also include potato granules, pellets, powder, shredded and sliced potato. Dehydrated potato flakes are made by pressing cooked mashed potatoes onto a drum drier, which forms a sheet that can be broken up and ground to the required density. Potato flakes can be used anywhere, where one would use mashed potatoes. The potato flakes are widely used in the processing and manufacturing of the convenience foods, frozen foods, prepared foods for it flour thickening, oil and water-holding, incremental filling, Shell making and so on. The storage and transportation of the potato flakes are safe, the cost is low, and shelf life is longer. The demand of potato flakes is growing continuously in India due to their increased usage in fried snacks (Alu Bhujiya), extruded products, soup powders, pasta, fabricated chips and French fries. India presently imports about 3500 metric tonnes of potato flakes every year, although, there are four major flake manufacturers in the country. According to projections, India, which presently produces about 25 million tonnes of potatoes per annum, will be producing about 50 million tonnes per annum by 2020. Potato processing, therefore, will be essential to sustain the present rate of growth of production which is likely to improve further. A conservative estimate shows that nearly 10% of this projected potato production (5 million tonnes) will be accounted for in processing. The demand for potato Flakes has been continuously growing for the last decade, more so due to the application of the potato flake in a large way in the snack food industry. Thus, due to demand it is best to invest in this project. Few Indian major players are as under: • Asha Ram & Sons Pvt. Ltd. • Aurofood Pvt. Ltd. • Balaji Wafers Pvt. Ltd. • Basukinath Food Processors Ltd. • Indian Food Fermentations Ltd. • Iscon Balaji Foods Pvt. Ltd. • Mccain Foods (India) Pvt. Ltd. • Merino Industries Ltd. • Shubham Starch Chem Pvt. Ltd. • Southern Health Foods Pvt. Ltd.
Plant capacity: 3,000 MT per annumPlant & machinery: 1598 Lakhs
Working capital: -T.C.I: Cost of Project:2036 Lakhs
Return: 24.00%Break even: 42.00%
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Herbal Cosmetics (Shampoo, Conditioner, Face Wash, Body Wash, Massage Oil, Hair Oil, Face Cream, Massage Cream, Lip Balm)

Herbal Cosmetics, referred as Products, are formulated, using various permissible cosmetic ingredients to form the base in which one or more herbal ingredients are used to provide defined cosmetic benefits only, shall be called as “Herbal Cosmetics”. Herbal cosmetics are formulated, using different cosmetic ingredients to form the base in which one or more herbal ingredients are used to cure various skin ailments. The name itself suggests that herbal cosmetics are natural and free from all the harmful synthetic chemicals which otherwise may prove to be toxic to the skin. The most common reasons for using traditional cosmetics are that it is more affordable, more closely corresponds to the patient’s ideology, allays concerns about the adverse effects of chemical (synthetic) chemicals, satisfies a desire for more personalized health care, and allows greater public access to health information. The major use of herbal cosmetics is for health promotion and therapy for chronic, as opposed to life-threatening, conditions. Furthermore, traditional cosmetics are widely perceived as natural and safe, that is, not toxic. This is not necessarily true, especially when herbs are taken with prescription drugs, over-the-counter medications, or other herbs, as is very common. Indian consumers are increasingly transitioning towards herbal and natural offerings, especially in analgesics, cold, cough and allergy (hay fever) remedies and dermatologicals. More consumers are becoming health and hygiene conscious due to the prevailing health and wellness trend in the country. This is likely to hamper the herbal cosmetics market during the forecast period. Presently, herbal cosmetics are used for the treatment of skin and hair problems. These cosmetics have less side effects and are cost-efficient. Increase in trend of using herbal cosmetics with natural ingredients is projected to create opportunities in the herbal cosmetics market during the forecast period. The Herbal Cosmetic industry in India has been developing in a faster pace. It is observing influx of many national and international brands. The demand for herbal cosmetic products is provoked by changing lifestyles of the consumers, growing awareness among them regarding the harm caused to their bodies after usage of chemical-based cosmetics products, and increasing concern among the population to look good. Further, it is anticipated that the Indian Herbal Cosmetic industry is expected to reach INR 316 Billion by 2022, growing at a CAGR of 19% over the forecasted period of 2017-2022. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under: • Abdos Oils Pvt. Ltd. • Absolute Aromatics Ltd. • Anchor Health & Beauty Care Pvt. Ltd. • Associated Industries Consumer Products Pvt. Ltd. • Avon Beauty Products India Pvt. Ltd. • Ayur Herbals Pvt. Ltd. (Transferred From Nct Of Delhi Andharyana) • Bajaj Consumer Care Ltd. • Cholayil Pvt. Ltd. • Dabur India Ltd. • Dey'S Medical Stores Pvt. Ltd. • Gayatri Herbals Pvt. Ltd. • J G Spices Ltd.
Plant capacity: Herbal Shampoo 250 ml Size Pack:2,400,000 Packs per annum Herbal Conditioner 250 ml Size Pack:1,200,000 Packs per annum Herbal Face Wash 250 gm Size Pack:300,000 Packs per annum Herbal Bady Wash 250 gm Size Pack:300,000 Packs per annum Herbal Plant & machinery: 52 Lakhs
Working capital: -T.C.I: Cost of Project:5327 Lakhs
Return: 35.00%Break even: 33.00%
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Moringa Oleifera (Drumstick) Powder

Moringa is a drought tolerant, medium-sized, evergreen tree that prefers warm, frost-free climates to flourish. Its tender leaves and twigs can be harvested at any time from a well-established, 1.5 to 2 meters tall plant. Taller plants bear cream-white, small size flowers in clusters throughout the season, which subsequently develop into long slender dark-green, three-sided, edible seedpods with tapering ends. Moringa is grown in home gardens in West Bengal and Odisha and as living fences in southern India and Thailand, where it is commonly sold in local markets. In the Philippines and Indonesia, it is commonly grown for its leaves which are used as food. Moringa is also actively cultivated by the World Vegetable Center in Taiwan, a center for vegetable research. In Haiti, it is grown as windbreaks and to help reduce soil erosion. The bark, sap, roots, leaves, seeds, oil and flowers of moringa are used in traditional medicine in several countries. The thickened root of the plant has been used as horseradish in the past. This practice is now discouraged, as the root contains alkaloids, which can prove fatal on ingestion. The leaves of the plant serve culinary purposes. They are used as the greens in salads and also as pickles for seasoning. The seeds of moringa are used to obtain oil, which can be used to cook a variety of dishes. Drumstick is one of the world’s most useful trees with potential to improve nutrition, boost food security, and foster rural development and support sustainable land care. From leaves and root to pods and seeds, all parts of the drumstick tree are highly edible. India exported moringa powder worth Rs 14.6 crore in 2015, compared to Rs 11.61 crore in 2014. The export of these was worth Rs 2.5 crore in January and February this year. The latest trend in the moringa market is the shift towards organic leaves and usage of solar driers. The export market has been increasing at the rate of over 30 per cent. Moringa powder have applications in neutraceutical, pharmaceutical and cosmetics industries. Today Moringa Market is estimated more than US$ 4 billion, which expected to cross US$ 7 billion by 2020 @ 9 percent per annum. Thus, due to demand it is best to invest in this project. Few Indian major players are as under: • A V P Marketing & Exports Ltd. • Arjuna Natural Extracts Ltd. • Ayurvedic Pharmaceutical Co. Ltd. • Ayurvedshri Herbals Ltd. • Chaitanya Pharmaceuticals Pvt. Ltd. • Flavex Aromats (India) Pvt. Ltd. • Ganga Pharmaceuticals Ltd. • Gayatri Herbals Pvt. Ltd. • Heal Ayurveda Pharmacy Ltd. • Hindustan Herbals Ltd. • Indian Medicines Pharmaceuticals Corp. Ltd. • Indus Biotech Pvt. Ltd. • Kerala Ayurveda Ltd. • Kerala Ayurveda Vaidyasala Ltd.
Plant capacity: 180,000 Kgs. per annumPlant & machinery: 61 Lakhs
Working capital: -T.C.I: Cost of Project:307 Lakhs
Return: 25.00%Break even: 63.00%
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Curcumin Extraction Unit

Curcumin is the main biologically active phytochemical compound of Turmeric. It is extracted, concentrated, standardized and researched. Curcumin, which gives the yellow color to turmeric, was first isolated almost two centuries ago, and its structure as diferuloylmethane was determined in 1910. Extensive research within the last half a century has proven that its renowned range of medicinal properties, once associated with Turmeric, is due to Curcumin. Curcumin is widely used to colour many foods. The Draft Codex General Standard for Food Additives provides an extensive list of such foods. Curcumin is listed for use in dairy products, fats, oils and fat emulsions, edible ices, fruit and vegetable products, confectionery, cereal products, bakery wares, meat and meat products, fish and fish products, eggs and eggs products, spices, soups, sauces and protein products, foodstuffs intended for particular nutritional uses, beverages, ready-to-eat savouries and composite foods. Use levels of curcumin are in the range from 5 to 500 mg/kg depending on the food category. Global curcumin market share is highly fragmented in nature due to the presence of several small and large scale manufacturers mainly concentrated in India. Cosmetic application expects the highest growth increasing at over 13% CAGR. Certain skin advantages owing to the presence of natural anti-oxidants in the products will drive curcumin based cosmetic products demand. India & China are the major supplier of Curcumin, The turnover of Curcumin could reach USD 94.32 million in 2022. Indian Curcumin market size accounted for over 81% of the overall Asia Paciffic revenue most of these as a food coloring agent.India contributes 80% of world production and roughly 60% of export. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under: • Arjuna Natural Extracts Ltd. • Concert Spices & Exports Ltd. • Enjayes Spices & Chemical Oils Ltd. • Naturite Agro Products Ltd. • Sanat Products Ltd. • Sunrise Foods Pvt. Ltd. • Synthite Industries Pvt. Ltd.
Plant capacity: Curcumin Powder:15,000 Kgs per annum Turmeric Oil:6,000 Kgs per annum Deoiled Turmeric: 276,000 Kgs per annumPlant & machinery: 177 Lakhs
Working capital: -T.C.I: Cost of Project:369 Lakhs
Return: 28.00%Break even: 63.00%
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Absorbent Surgical Cotton (Cotton Rolls)

Surgical cotton is also known as absorbent cotton” or “cotton wool”. Surgical/ Absorbent cotton is cleared de-oiled and bleached cotton packed in different sizes. Since Surgical/Absorbent cotton is a material which comes in direct contact with the human body, its quality is very important and should satisfy the required pharmaceutical parameters. Either virgin cotton or waste cotton can be used as raw material. Comber waste cotton is desirable in case of waste cotton. Surgical/Absorbent cotton is widely used in hospitals, clinics, health centers and pharmacies for medical purposes. It is also used in beauty salons, business organizations and households for various purposes. Surgical/Absorbent cotton is mainly used for sanitary purposes and surgical operations as well as for ordinary daily use. It is also usually needed by women during their menstruation period that reoccurs at least once a month. The demand of Surgical Absorbent Cotton is directly related with the increase in population and expansion of public health services. The demand for Surgical Absorbent Cotton increases with the increase in population and number of hospitals, dispensaries, nursing homes, health care centers etc. The demand for absorbent cotton is directly related with the development and expansion of health facilities in the country. The Federal and Regional Governments have given high attention for expansion of health facilities to increase the coverage. Hence, considering the population growth and the high attention given by the Federal and Regional Governments, the demand for absorbent cotton is assumed to grow by 10%, annually. The demand for absorbent cotton in India is estimated to be about 2 million bales (of 170 kg each) per year. On the other hand, the small scale industries that manufacture absorbent cotton find it difficult to source short staple cotton. For example, the industries in Maharashtra and Madhya Pradesh are sourcing short staple cotton at high price from Rajasthan or the Northeastern part of India. So there is an imminent need to create an interface and a common platform between Indian cotton farmers as well as absorbent cotton industry. Thus, due to demand it is best to invest in this project.? Few Indian major players are as under: • Brisk Surgicals Cotton Ltd. • Jindal Medicot Ltd. • Lavino Kapur Cottons Pvt. Ltd. • Mohini Health & Hygiene Ltd. • Phoenix Surgicare Pvt. Ltd. • Precot Meridian Ltd. • Vandana Surgi Pharma Pvt. Ltd.
Plant capacity: 450,000 Kgs. per annumPlant & machinery: 399 Lakhs
Working capital: -T.C.I: Cost of Project:636 Lakhs
Return: 26.00%Break even: 48.00%
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Soda Ash (Light & Dense)

Sodium carbonate (Na2CO3) also known as washing soda or soda ash, is a sodium salt of carbonic acid. Most commonly occurs as a crystalline heptahydrate, which readily effloresces to form a white powder, the monohydrate. Sodium carbonate is domestically well known as a water softener. It can be extracted from the ashes of many plants. It is synthetically produced in large quantities from salt and limestone in a process known as the Solvay process. It is an essential raw material used in the manufacturing of glass, detergents chemicals and other industrial products. As such, soda ash is one of the most widely used and important commodities in the United States, contributing substantially to the gross domestic product. Soda ash is used to make the most common type of glass, soda-lime silica glass, generally used in the flat glass (automotive and construction), glass container (food and drink) and many other glass industries. It is also used in the production of sodium bicarbonate (baking soda), which is an essential ingredient in the beverage, coatings, detergents, food, dialysis, and personal care markets. For many of applications, soda ash is interchangeable with caustic soda, while offering a cost advantage. The soda ash market is estimated to witness a CAGR of 6.1% between 2014 and 2019 in terms of value, and is anticipated to generate a global market value of $22,090 million by 2019. A key factor driving the growth of the market is the growing applications of glass market. One of the major drivers for the growth of the soda ash market in the growing use of glass in various industries. Glass is extensively used in industries such as construction, automobile, and consumer product packaging. In 2017, the glass industry is the major end-user of the global soda ash market, which accounted for a share of 51.5%. The types of glass that use soda ash are flat glass container glass and others such as fiberglass, technical glass, and specialty glass. Entrepreneurs who invest in this project will be successful.
Plant capacity: Soda Ash Light:300,000 MT per annum Soda Ash Dense:300,000 MT per annumPlant & machinery: 12804 Lakhs
Working capital: -T.C.I: Cost of Project:25704 Lakhs
Return: 28.00%Break even: 57.00%
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Surgical and Examination Latex Rubber Gloves

Medical gloves are medical safety accessories that ensure sanitary hospital conditions by limiting patients' exposure to infectious matter. They also serve to protect health professionals from disease through contact with bodily fluids. Medical gloves are disposable gloves used during medical examinations and procedures to help prevent cross-contamination between caregivers and patients. Medical gloves are made of different polymers including latex, nitrile rubber, polyvinyl chloride and neoprene; they come unpowdered, or powdered with cornstarch to lubricate the gloves, making them easier to put on the hands. An Examination gloves (patient examination) glove is a disposable device intended for medical purposes that is worn on the examiner’s hand or finger to prevent contamination between patient and examiner. They are ambidextrous Examination grade gloves, also sometimes referred to as medical gloves, were originally designed for non-surgical medical procedures, but are also used in a variety of other applications where users seek added peace of mind regarding the glove quality. Latex gloves are being used in medical industry, automobile industry and manufacturing industry including food processing. The major purpose of using these rubber gloves are to protect the hand and fingers from heat, abrasion, electric shocks, chemical attack, contamination through direct contact as in the case of medical examination gloves etc. Rubber gloves manufacturing process is not complex and the main raw material is rubber latex. Indian surgical glove market is growing at 15% while the demand for examination gloves has been rising by 20%per annum. The Global Rubber Gloves market is expected to grow at a CAGR of 8.5% between 2014 and 2022. The factors such as rising healthcare expenditure, increasing health threats and increasing hygiene awareness and healthcare regulations are driving the market growth. Foreign exchange risks, rising raw material costs and pricing competition are hampering the market growth. Demand for disposable gloves in healthcare applications in Spain is estimated to grow at a significant rate over the forecast period. The country has a comprehensive public health system that accounts for approximately 75-80% of the sector’s activity. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under: • Accent Industries Ltd. • Acknit Industries Ltd. • Asian Latex Ltd. • Casil Health Products Ltd. • Casil Health Products Ltd. • J K Ansell Pvt. Ltd. • London Rubber India Ltd. • Mega Meditex Ltd. • Sri Kannapiran Mills Ltd. • T T K Biomed Ltd.
Plant capacity: Surgical Latex Rubber Gloves (Wt. 16 gms each): 18,000,000 Pairs per annum Examination Latex Rubber Gloves (Wt. 4 gms each): 18,000,000 Pairs per annumPlant & machinery: 407 Lakhs
Working capital: -T.C.I: Cost of Project:1116 Lakhs
Return: 35.00%Break even: 40.00%
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Biodegradable Disposable Plastic Cutlery

Biodegradable Disposable Plastic Cutlery. (Eco Friendly Compostable Spoons Cutlery) India is slowly becoming a country where people are turning health conscious. Thankfully, biodegradable cutlery has emerged as a better alternative to plastics across the globe and Indians have been early adopters of biodegradable products. These Cutlery is fully compostable and biodegradable in approximately 100 days in properly maintained compost facilities. These eco-friendly products are perfect for restaurants, cafeterias, business functions, trade shows, festivals and fairs, catering. Compostable or biodegradable bio-plastics, most commonly used for utensils, are marketed as a sustainable alternative to single-use plastic. More and more people are becoming environmentally conscious every day and are taking the necessary steps to protect the environment. Businesses that embrace the concept of being eco-friendly can realize a wide range of benefits from doing so. One of the business industries in which compostable products can be used the most is in the food industry. Both dine-in and takeout restaurants have the opportunity to incorporate eco-friendly products into their operations in the form of plates and cutlery. The Global Biodegradable Cutlery Market sales were 845 million pieces in 2016, and it will be 1274 million pieces in 2023; while the revenue of Biodegradable Cutlery Market was 30.5 million USD in 2016 and forecast to accomplish 38.9 million USD in 2023, with a CAGR of 5.5% by 2023. Increasing awareness regarding harmful effects associated with non-biodegradable plastic wastes is a key factor likely to drive the market in the forecast period. Disposable cutlery, unlike the traditional disposable cutlery made from steel, is single-use cutlery. It is also comparatively cheaper than steel cutlery. Additionally, due to its lightweight it can be carried easily and is most favourable for on-the-go food. The increasing use of plastic in our day-to-day life is creating a lot of plastic waste and regulatory authorities in various parts of the world are posing bans on the use of plastic. To overcome this challenge, foodservice packaging manufacturers use plant-based raw materials for manufacturing single-use packaging like disposable cutlery, plates, bowls, and trays. Expansion in bio-based foodservice manufacturing capabilities may benefit disposable cutlery manufacturers during the forecast period. Furthermore, in recent years several manufacturers are looking for positive opportunities in edible disposable cutlery made of wheat bran, rice, corn, and sorghum. Additionally, edible disposable cutlery reduces CO2 emissions by tons. As per product type, the global disposable cutlery market is segmented into fork, spoon, and knife. Rising demand for eco-friendly, safe, and sustainable cutlery owing to increasing number of restaurants, fast food joints, and cafeterias is fueling the demand for biodegradable plates and cups. Environment friendly cutleries are a feasible alternative that offers the convenience of disposable plates, cups, and spoon in picnics, parties, and other occasions. Moreover, they do not have any negative impact on the environment. The Biodegradable Cutlery Market is segmented based on raw materials, products, composition and end user. The biodegradable cutlery is mainly made from PLA resin, CPLA (modified PLA), and Starch Blends. In general, the plant starch biodegradable cutlery is made from 70% renewable resources and 30% fillers like polypropylene and talc. PLA is a bio-based plastic derived from renewable resources such as maize starch, tapioca roots, or sugar cane. 100% cutlery is made from recode bio-plastic, produced from a rapidly renewable starch sourced from non-GMO crops. Growth will be driven by the increased options and convenience of meals prepared or consumed away from home. Demand will also be supported by a shift toward the use of higher value products featuring durable plastic or compostable materials. The Biodegradable Cutlery Market is dominated by the key players like Biopak, Eco-Products, Inc, Trellis Earth, BioMass Packaging, World Centric, Bionatic GmbH, GreenGood, Better Earth, Nature House Green, BioGreenChoice, Green Home, Vegware, Biodegradable Food Service, Biogreenchoice, Green good, World Centric, Karat and Green Home. 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Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Truck Body Building

A truck or lorry is a motor vehicle designed to transport cargo. Trucks vary greatly in size, power, and configuration; smaller varieties may be mechanically similar to some automobiles. Commercial trucks can be very large and powerful, and may be configured to mount specialized equipment, such as in the case of fire trucks and concrete mixers and suction excavators. Already at 1.31 billion, by 2027 India’s population will be the largest in the world, at over 1.4 billion. Growth means urbanisation, and urbanisation requires ‘stuff’. As small villages develop into large, and as people move from rural to urban locations, so demand for ‘stuff’ will increase. Great news for truck fleets, and the OEMs who supply those stuff-hauling fleets; but the changes to trucking in India over the next decade will be seismic in proportion. Just about the only certainty is that ‘Trucking India’ in 2027 will look very different from its 2017 ancestor. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Automobile Corpn. Of Goa Ltd. • Commercial Engineers & Body Builders Co. Ltd. • H M M Infra Ltd. • J C B L Ltd. • Tata Marcopolo Motors Ltd.
Plant capacity: Truck Body Building : 20 Nos./dayPlant & machinery: Rs 362 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1709 lakhs
Return: 31.00%Break even: 56.00%
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Recovery of Fe2O3 & TiO2 from Bauxite Processing Waste

Bauxite waste (Red Mud) of Indian origin contains around 55% plus of Fe2O3 and is considered as a hazardous waste material for the alumina industry which is generated in the order of two tons of Red Mud per one tone of alumina produced from bauxite. The worldwide alumina production is around 58 million tonnes in which India counts for 2.7 million tonnes. India produces around 5.4 million tonnes of Red Mud per annum from its various alumina refineries. Titanium is a precious, light, corrosion resistant, bio-inert and strong element. Moreover, titanium dioxide is widely used in materials in our day-to-day life and its applications are quite vast, including in paints, catalysts, pigments and sunscreen. Despite the fact that the processing of titanium is quite expensive, it is more bene?cial to recover titanium compared with its high processing cost. One of the main focuses of the research community has been on extracting titanium from red mud. The global Ferric Oxide market is likely to touch valuation of US$1,951.8 mn by the 2025 end. The marketplace is likely to register significant growth owing to booming construction industry likely to boost demand for the ferric oxide market in the coming years. The demand for titanium dioxide in India stood at 57 KTPA in 2018 and is projected to grow at a CAGR of 9.19% during 2019-2030 to reach 165 KTPA by 2030. Increasing use of titanium dioxide in various end-use industries such as paints, pigments and textiles as dispersing agent, flocculent, and whitening agent is the key factor spurring the demand for titanium dioxide across the country. Few Indian major players are as under: • Bengal Chemicals & Pharmaceuticals Ltd. • Bharat Chemicals & Fertilizers Ltd. • Kerala Minerals & Metals Ltd. • Kolmak Chemicals Ltd. • Tata Pigments Ltd. • Travancore Titanium Products Ltd. • V V Titanium Pigments Pvt. Ltd.
Plant capacity: Ferric Oxide (Fe2O3): 27,000 MT per Annum Titanium Dioxide (TiO2): 9,000 MT per Annum Remains Materials: 200,000 MT per AnnumPlant & machinery: 408 Lakhs
Working capital: -T.C.I: Cost of Project: 1741 Lakhs
Return: 29.00%Break even: 62.00%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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