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

Agro and Food Processing: Project Opportunities in Bihar

PROFILE:

Indian food processing industry is widely recognized as a 'sunrise industry' having huge potential for uplifting agricultural economy, creation of large scale processed food manufacturing and food chain facilities, and the resultant generation of employment and export earnings. The food processing sector in India is geared to meet the international standards. Food Safety and Standards Authority of India has the mandate to develop standards and also to harmonise the same with International Standards consistent with food hygiene and food safety requirement and to the conditions of India's food industry.

RESOURCES:

Bihar is the seventh largest economy in India in terms of food production. Bihar is the leading State in the production of fruits and vegetables. It is the first largest producer of vegetables and second largest producer of fruits in the country. There exists huge scope of investment in the food-processing sector in the State. Private sector participation is being encouraged in packaging and food processing sectors to ensure better quality. Also, the State welcomes private investment for comprehensive development of tea industry and capital subsidy is available for setting up tea processing units. Even as the state of Bihar is being talked of as the next big hope for agriculture sector in the country, this sector also remains the most crucial factor for the state economy.

GOVERNMENT POLICIES:

In India, agricultural trade policy is a part of a larger food and agriculture policy regime that seeks to maintain food self-sufficiency while providing income support to the agricultural sector and poor consumers. The Government of India (GOI) uses a variety of policy instruments in attempting to achieve these goals, including:

•        Domestic subsidies to inputs, outputs, transportation, storage, and consumption to reduce producer costs and consumer prices.

•        Border measures such as subsidies, tariffs, quotas, and non-tariff measures to protect domestic producers from import competition, manage domestic price levels, and guarantee domestic supply.

The National Policy on Agriculture seeks to actualise the vast untapped growth potential of Indian agriculture, strengthen rural infrastructure to support faster agricultural development, promote value addition, accelerate the growth of agro business, create employment in rural areas, secure a fair standard of living for the farmers and agricultural workers and their families, discourage migration to urban areas and face the challenges arising out of economic liberalization and globalisation. Over the next two decades, it aims to attain:

•        A growth rate in excess of 4 per cent per annum in the agriculture sector;

•        Growth that is based on efficient use of resources and conserves our soil, water and bio-diversity;

•        Growth with equity, i.e., growth which is widespread across regions and farmers;

•        Growth that is demand driven and caters to domestic markets and maximises benefits from exports of agricultural products in the face of the challenges arising from economic liberalization and globalisation;

•        Growth that is sustainable technologically, environmentally and economically.

The policy seeks to promote technically sound, economically viable, environmentally non-degrading, and socially acceptable use of country’s natural resources - land, water and genetic endowment to promote sustainable development of agriculture.

 

Sugar: Project Opportunities in Bihar

PROFILE:

Sugar is one of the oldest commodities in the world and traces its origin in 4th century AD in India and China. Indian sugar industry is highly fragmented with organized and unorganized players. There are 453 sugar mills in India. Co-operative sector has 252 mills and private sector has 134 mills. Public sector boasts of around 67 mills.

RESOURCES:

Sugar industry is the largest agro-based industry in Bihar. This industry generates sizeable employment in the farm sector directly as well as through ancillary industries and related activities. It is estimated that about five lakh farmers and their dependents are engaged in the cultivation of sugarcane and approximately another half a lakh unskilled and skilled personnel, including highly qualified and trained technologists are engaged in the sugar industry in the State.

GOVERNMENT POLICIES:

The Commerce Ministry has formally issued a trade notice allowing export of sugar, subject to a quantitative ceiling of 10,00,000 tones for the licensing year 2000-01. The public notice dated 14th August' 2000 has been placed at the disposal of Agricultural and Processed Food Products Exports Development Authority (APEDA) for the purpose of issuing Registration-cum-Allocation Certificates (RCAC) to individual exporters. The Government had already announced that the exporters would be exempt from the mandatory levy for the quantity of sugar exported. The country expects to produce more than 18 million tons of sugar during October 1999-September 2000 along with a carryover stock of 6.7 metric tons from the previous season.      

Textiles: Project Opportunities in Bihar

PROFILE:

The textile industry occupies a unique place in our country. One of the earliest to come into existence in India, it accounts for 14% of the total Industrial production, contributes to nearly 30% of the total exports and is the second largest employment generator after agriculture. Textile Industry is providing one of the most basic needs of people and the holds importance; maintaining sustained growth for improving quality of life. It has a unique position as a self-reliant industry, from the production of raw materials to the delivery of finished products, with substantial value-addition at each stage of processing; it is a major contribution to the country's economy.

RESOURCES:

Textile sector offers huge potential to the investors. The State has strong weaving traditions. The total number of weavers in the State is over 90,000. The major locations for the textile industry are Bhagalpur, Gaya, Nalanda, Darbhanga, Madhubani, Siwan and Patna. Bihar is the country's second State after West Bengal in jute production and jute textiles. Due to availability of raw jute, cheap labour, sufficient power, water and transportation in northern part of Bihar, some jute mills are located in this region. Jute mills are located in Karbisganj in Purnia district, Katibar, Muktapur in Samstipur district

GOVERNMENT POLICIES:

The Ministry of Textiles in India has formulated numerous policies and schemes for the development of the textile industry in India. The government of India has been following a policy of promoting and encouraging the handloom sector through a number of programmes. Most of the schematic interventions of the government of India in the ninth and tenth plan period have been through the state agencies and co-operative societies in the handloom industries. Some of the major acts relating to textile industry include: Central Silk Board Act, 1948, The Textiles Committee Act, 1963, The Handlooms Act, 1985, Cotton Control Order, 1986, The Textile Undertakings Act, 1995 Government of India is earnestly trying to provide all the relevant facilities for the textile industry to utilize its full potential and achieve the target. The textile industry is presently experiencing an average annual growth rate of 9-10% and is expected to grow at a rate of 16% in value, which will eventually reach the target of US $ 115 billion by 2012. The clothing and apparel sector are expected to grow at a rate of 21 %t in value terms.

Leather: Project Opportunities in Bihar

PROFILE:

Leather and allied industries in India play an important role in terms of providing employment to the large number of artisans and also earning foreign exchange through exports. The major factors responsible for the growth of Indian leather industry are availability of raw materials (hides and skins), cheaper labour, technology and Government policy support. Indian Leather sector exports account for Rs.10691 crores and provides direct employment to more than 2.5 million people and among them many belong to socially and economically backward communities.

RESOURCES:

Bihar has sizeable share of goat and cattle population of the country. Bihar is known for the best quality of cow hides, buff calf skins & goat skins since Bihar is very rich in cattle population. It produces 2.64 million bovine hides per annum. State has tanneries as well as footwear units in the private sector. In case of goats, Bihar state accounts for third rank in the country next only to West Bengal and Rajasthan. The leather tanning industry in Bihar consists of three important segments

(i)       Units established under Bihar Leather Development Corporation (BLDC) and its sister concern viz. Bihar Finished Leather ltd.

(ii)      a few private tanneries working at Muzaffarpur

(iii)     BATA tannery at Mokhamaghat

GOVERNMENT POLICIES:

Government policies in support of the industry are:

• The entire leather sector is now de-licensed and de-reserved, paving way for expansion on modern lines with state-of-the art machinery and equipment

• 100% Foreign Direct Investment and Joint Ventures permitted through the automatic route

• 100% repatriation of profit and dividends, if investments made in convertible foreign currency. Only declaration to this effect to the Reserve Bank is required.

• Promotion of industrial parks (one leather park in Andhra Pradesh, one leather goods park in West Bengal, one footwear park in Tamil Nadu and one footwear components park in Chennai).

• Funding support for modernizing manufacturing facilities 

• Funding support for establishing design studios

• Duty free import of raw materials (namely raw skins, hides, semi-finished leather and finished leather) and of embellishments and components under specific scheme

• Concessional duty on import of specified machinery for use in leather sector

• Duty neutralization / remission scheme 

 

Mineral: Project Opportunities in Bihar

PROFILE:

Minerals are non renewable and limited natural resources and constitute vital raw materials in a number of basic and important industries. India has a large number of economically useful minerals and they constitute one-quarter of the world's known mineral resources. India produces 89 minerals out of which 4 are fuel minerals, 11 metallic, 52 non-metallic and 22 minor minerals

RESOURCES:

Bihar is a producer of Steatite (945 tonnes), Pyrites (9,539 tonnes/year), Quartzite (14,865 tonnes/year), Crude Mica (53 tonnes/year), Limestone (4,78,000 tonnes/year). Bihar has also some good resource of Bauxite in Jamui district, Cement Morter in Bhabhua, Dolomite in Bhabhua, Glass sand in Bhabhua, Mica in Muzaffarpur, Nawada, Jamui, Gaya and salt in Gaya and Jamui.

GOVERNMENT POLICIES:

NATIONAL MINERAL POLICY, 2008

Keeping in view the long term national goals and perspective for exploitation of minerals, Government of India has revised its earlier National Mineral Policy, 1993 and came up with a new National Mineral Policy 2008. Basic goals of NMP 2008 are-

1.       Regional and detailed exploration using state of the art techniques in time bound manner.

2.       Zero waste mining

For achieving the above goals, important changes envisaged are:

•        Creation of improved regulatory environment to make it more conducive to investment and technology flows

•        Transparency in allocation of concessions

•        Preference for value addition

•        Development of proper inventory of resources and reserves

•        Enforcement of mining plans for adoption of proper mining methods and   optimum utilization of minerals 

•        Data filing requirements will be rigorously monitored

•        Old disused mining sites will be used for plantation or for other useful purposes.

•        Mining infrastructure will be upgraded through PPP initiatives

•        State PSU involved in mining sector will be modernized

•        State Directorate will be strengthened to enable it to regulate   mining in a proper way and to check illegal mining

•        There will be arms length distance between State agencies that mine  and those that regulate

•        Use of machinery and equipment which improve the efficiency,

•        Productivity and economics of mining operation, safety and health of workers and others will be encouraged.

 

Tourism: Project Opportunities in Bihar

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. Tourism in India is the largest service industry, with a contribution of 6.23% to the national GDP and 8.78% of the total employment in India. India's rich history and its cultural and geographical diversity make its international tourism appeal large and diverse. It presents heritage and cultural tourism along with medical, business and sports tourism. India has one of the largest and fastest growing medical tourism sectors.

RESOURCES:

Bihar promises development of tourism to its optimum level. Rich in its historical traditions and ancient splendour, the culturally rich Bihar has derived its name from "Vihar". It has the sacred Ganga River as its lifeline and huge water mass in form of many rivers and rivulets in North Bihar, the Gandak, Kosi and many more and the vitally important Son River which forms the lifeline in South Bihar. With its rich heritage of antiques, artifacts, historical facts and figures going into its favour, Bihar is a blend of beautiful and bountiful nature, natural resources, the vital sparkling pure water, important archaeological finds, and rich culture. Herein, lies the history of the young prince of Nepal, Siddharth, transforming into Lord Buddha by getting enlightenment through sheer penance at Bodh Gaya under the sacred Bodhi tree which is attracting the Buddhists tourists for ages from across the world. Bihar has 22 Nirvan Sthals of 24 Jain Tirthankars attracting the people following the Jain religion. Development of these tourist's sites has been undertaken on a large scale to promote religious tourism.

Tourism has established itself as 'smokeless' industry in the world and its role in the socio-economic development of a country is well established. Bihar government has also given tourism the status of industry and development works in this pursuit have been undertaken.

GOVERNMENT POLICIES:

In order to develop tourism in India in a systematic manner, position it as a major engine of economic growth and to harness its direct and multiplier effects for employment and poverty eradication in an environmentally sustainable manner, the National Tourism Policy was formulated in the year 2002. Broadly, the “Policy” attempts to:-

•        Position tourism as a major engine of economic growth;

•        Harness the direct and multiplier effects of tourism for employment generation, economic development and providing impetus to rural tourism;

•        Focus on domestic tourism as a major driver of tourism growth.

•        Position India as a global brand to take advantage of the burgeoning global travel trade and the vast untapped potential of India as a destination;

•        Acknowledges the critical role of private sector with government working as a pro-active facilitator and catalyst;

•        Create and develop integrated tourism circuits based on India’s unique civilization, heritage, and culture in partnership with States, private sector and other agencies; and

•        Ensure that the tourist to India gets physically invigorated, mentally rejuvenated, culturally enriched, spiritually elevated and “feel India from within”.

 

Animal Husbandry: Project Opportunities in Bihar

PROFILE:

A large number of farmers in India depend on animal husbandry for their livelihood. In addition to supplying milk, meat, eggs, and hides, animals, mainly bullocks, are the major source of power for both farmers and drayers. Thus, animal husbandry plays an important role in the rural economy. Today, India has the world's largest dairy herd (composed of cows and buffaloes), about 300 million strong, and is second only to the United States in milk production. India is also the world’s third largest global producer of eggs and the world’s sixth largest producer of poultry meat.

RESOURCES:

Animal husbandry is a core sector of the State economy. Being the 5th largest goat population state, Bihar contributes about 7.63% of India's total goat population. The state is also a habitat of 42.6% people below poverty line and hence there is a tremendous scope of goat farming to meet up the large gap between demand and supply of meat. Around 574000 goats are slaughtered annually in recognized slaughterhouses contributing 31.17% of total meat production of the state (175 thousand tonnes of meat in 2003). However, goat rearing is not well accepted by all classes of people in Bihar. According to economic census 2003, the total livestock population in the state was 407.83 lakh. Of this, 39.8 per cent are milch animals with 104.7 lakh cows and 57.66 lakh buffaloes.

 

GOVERNMENT POLICIES:

Components of the scheme for animal husbandry are the following:

•        streamlining storage and supply of Liquid Nitrogen by sourcing supply from industrial gas manufacturers and setting up bulk transport and storage systems for the same;

•        introduction of quality bulls with high genetic merit;

•        promotion of private mobile A.I. service for doorstep delivery of A.I.;

•        conversion of existing stationery government centres into mobiles centres;

•        quality control and certification of bulls and services at sperm stations, semen banks and training institutions;

•        study of breeding systems in areas out of reach of A.I.;

•        refresher training to existing AI workers, basic training to rural unemployed youth, training to professionals and organization of farmers orientation programmes; and

•        institutional restructuring by way of entrusting the job of managing production and supply of genetic inputs as well as Liquid Nitrogen to a specialized autonomous and professional State Implementing Agency.

Automobile and auto components: Project Opportunities in Bihar

PROFILE:

The Indian auto industry has the potential to emerge as one of the largest in the world. Presently, India is second largest two wheeler markets in the world, fourth largest commercial vehicle market in the world. 11th largest passenger car in the world and is expected to be the seventh largest market by 2016. The growth is a reflection of the emergence of India as a global automobile hub with almost all global auto makers having set up plants in India to cater mainly to the domestic market, as also the export market.

RESOURCES:

There is huge business potential in Automobile industry in the from Tenders, Procurement notices, public tender notices, online tenders, government tenders, domestic tenders, tenders notification, Bids, tenders news, tenders info and contracts available throughout the country.

GOVERNMENT POLICIES:

A number of policy initiatives have been taken by the government to facilitate the automotive industry. These include:

•        Permitting 100% FDI in this sector & removal of minimum capital investment norm for fresh entrants.

•        Establishing an international hub for manufacturing small, affordable passenger cars & a centre for manufacturing two-wheelers.

•        Conducting incessant modernization of the industry & facilitate indigenous design, research & development.

•        Leveraging State’s software technology into automotive technology wherever relevant.

Brewery: Project Opportunities in Bihar

PROFILE:

A brewery is a dedicated building for the making of beer, though beer can be made at home, and has been for much of beer's history. A company that makes beer is called either a brewery or a brewing company. The diversity of size in breweries is matched by the diversity of processes, degrees of automation, and kinds of beer produced in breweries. A brewery is typically divided into distinct sections, with each section reserved for one part of the brewing process. The Indian beer industry has been witnessing steady growth of 10 - 17% per year over the last ten years. The rate of growth has increased in recent years, with volumes passing 170m cases during the 2008-2009 financial year. With the average age of the population on the decrease and income levels on the increase, the popularity of beer in the country continues to rise.

RESOURCES:

Bihar is emerging as a brewery hub with major domestic and foreign firms setting up production units in the state due to availability of cheap labour and raw materials coupled with improved law and order and investment-friendly government policies. Beer consumption in domestic markets in Bihar has increased sharply in the last few years. Beer consumption in the state has risen 10 times in the past seven years. As per industry estimates, annual consumption is 700,000 cases. Nearly 70% of litchis manufactured in India come from Muzaffarpur and also the nearby districts. The firm is mulling to manufacture litchi-flavoured wine by mixing pulpy extracts of the fruit with various types of spirits.

GOVERNMENT POLICIES:

The brewing industry is subject to extensive government regulations at both the federal and state levels, as well as to regulation by a variety of local governments. Some of the regulations imposed at the federal and state level involve production, distribution, labelling, advertising, trade and pricing practices, credit, container characteristics, and alcoholic content. Federal, state and local governmental entities also levy various taxes, license fees and other similar charges and may require bonds to ensure compliance with applicable laws and regulations. Specific alcohol taxation (as opposed to more general sales taxes) is primarily a federal and state right although some states permit some additional local taxation. The brewing industry must also comply with numerous federal, state, and local environmental protection laws.

Waste Management: Project Opportunities in Bihar

PROFILE:

Waste management is the collection, transport, processing or disposal, managing and monitoring of waste materials. The term usually relates to materials produced by human activity, and the process is generally undertaken to reduce their effect on health, the environment or aesthetics. Waste management is a distinct practice from resource recovery which focuses on delaying the rate of consumption of natural resources. The management of wastes treats all materials as a single class, whether solid, liquid, gaseous or radioactive substances, and tried to reduce the harmful environmental impacts of each through different methods.

RESOURCES:

Bihar was the third most populated state of India with total population of 82,998,509. Bihar generates 2600 tonnes urban solid waste per day while Kahalgaon-based thermal power plant produces 36 lakh tonnes fly ash annually. Bihar generates 3800 kg biomedical waste per day. The civic authorities have determined that 14 lakh population of Patna accumulate 700 metric tonne of solid waste every day. The equipment for treatment of bio-medical waste of the city has been installed and commissioned at the Indira Gandhi Institute of Medical Sciences (IGIMS). In effect, Patna will be free from bio-medical waste that is littered along its various roads and lanes.

GOVERNMENT POLICIES:

The Central Government notified the Municipal Solid Wastes (Management & Handling) Rules 2000 under Sections 3, 6 and 25 of the Environment (Protection) Act 1986 for the purpose of managing municipal and urban wastes/garbage in an environmentally sound manner. Government of West Bengal are the nodal agencies for technical guidance and preparation of project report for the development of municipal solid waste management plan for the municipal authorities situated within Kolkata Metropolitan Area (KMA) and Non-KMA areas respectively. 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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Paracetamol (BP/IP/USP Grade)

India is the leading supplier of generic medications in the world. More than half of global demand for vaccines is met by the Indian pharmaceutical industry, which also supplies 40% of generic demand in the United States and 25% of all pharmaceuticals in the United Kingdom. The pharmaceutical sector supplies over 70% of India's needs for bulk medicines, drug intermediates, pharmaceutical formulations, chemicals, tablets, capsules, orals, and injectables. In India, there are roughly 250 large units and 8000 small scale facilities in the pharmaceutical industry (including 5 Central Public Sector Units). The following are some of the uses of paracetamol powder: a) Fever: It is often used to treat fever in persons of all ages. Paracetamol is recommended when a child's temperature climbs above 38.5 degrees Celsius. b) Discomfort relief: It can also be used to relieve mild to moderate pain. c) Osteoarthritis: Paracetamol has been shown to reduce arthritic pain in the knees, hands, and hips in several studies. d) Lower Back Discomfort: It is utilised as a first-line treatment for lower back pain. e) Headache Swiss: Paracetamol with caffeine is also utilised by headache organizations in Austria and Germany. In India, paracetamol is also used to alleviate headaches. Paracetamol is also used to treat migraines in some countries. f) Toothache: Paracetamol has been shown to be beneficial in the treatment of toothache in several studies. g) Menstrual Period Pain: Paracetamol is usually used for menstrual period pain in combination with Dicyclomine Hydrochloride or Mefenamic Acid. h) Cold/Flu Pain: Paracetamol is frequently used in conjunction with anti-cold medications to treat Cold/Flu Pain. The paracetamol market in India is predicted to grow rapidly over the forecast period. The paracetamol market in India is driven by the widespread use of paracetamol as a first-line treatment for pain and fever reduction. Furthermore, the drug's widespread use in COVID-19 patients to alleviate various cold, cough, and fever symptoms is expected to boost market growth through FY2026. The Indian pharmaceutical industry is expected to be worth $100 billion by 2025, while the medical device industry will be worth $25 billion. India's pharmaceutical exports totalled US$ 16.3 billion in fiscal year 2020. Few Indian Major Players 1. Alpha Remedies Ltd. 2. Farmson Pharmaceutical Gujarat Pvt. Ltd. 3. Granules India Ltd. 4. HaffkineAjintha Pharmaceuticals Ltd.
Plant capacity: Paracetamol Powder (IP/BP Grade)50 MT Per Day Acetic Acid (31% Conc.) By Product 72 MT Per DayPlant & machinery: 962 Lakhs
Working capital: -T.C.I: Cost of Project: 2887 Lakhs
Return: 32.00%Break even: 52.00%
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Alloy Wheels for 2 Wheelers

When an object is forced against a surface, the wheel is a mechanism that lets the thing to go efficiently across it. A horizontal slice of a trunk does not suit due to the structure of wood, as it lacks the structural strength to support weight without collapsing, therefore rounded pieces of longitudinal boards are required. Alloy wheels are automobile wheels made from an alloy of aluminium or magnesium metals (or sometimes a mixture of both). Alloy wheels are lighter than normal steel wheels, allowing for faster vehicle speeds. Because alloy wheels are lighter than steel wheels, they perform better in most conditions. In terms of fuel economy, alloy wheels have a major benefit, particularly in urban areas. Due to their lighter structure, alloy wheels will put less strain on the vehicle's suspension. As a result, faster acceleration will be feasible. Alloy wheels have become the standard wheels for most cars due to their greater performance and attractive design. Alloy wheels are more expensive than steel wheels, although they account for the vast majority of OEM wheels. This provides you with more options and choices. The overall alloy wheel sector in India has been continuously growing, with growth expected to accelerate in the next 5-6 years. The alloy wheel market is anticipated to be worth roughly INR 21,000 million in terms of value. Alloy wheels account for less than 20% of the market in India, compared to steel wheels, which account for more than 80%. In the short to medium term, the forecast for the alloy wheel market in India is positive. Few Indian Major Players 1. Alcoa India Pvt. Ltd. 2. Enkei Wheels (India) Ltd. 3. S A B Industries Ltd. 4. Wheels India Ltd.
Plant capacity: Alloy Wheel for 2 Wheeler 1,000 Pcs Per DayPlant & machinery: 133 Lakhs
Working capital: -T.C.I: Cost of Project: 891 Lakhs
Return: 26.00%Break even: 58.00%
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Fiberglass Wool Ceiling Tiles

Fiberglass ceiling tiles are made mostly of glass fibres encased in polymers and provide a number of advantages in a variety of applications. These are typically green building materials; lighter tiles can also be thrown directly on the ceiling without sagging or deterioration. Fiberglass, often known as glass wool, is one of the most effective insulating materials on the market, both thermally and acoustically. It is non-combustible even when in direct and continuous contact with flames. It does not emit toxic gases or smoke, two of the most dangerous health and life dangers in the event of a fire. Glass wool is a non-flammable material. It does not produce toxic fumes or smoke, two of the most dangerous health and life dangers linked with a burn. Acoustic ceiling tiles made of fibreglass are lightweight, easy to handle, and give the best sound absorption. These are employed in the following scenarios: • Commercial suspended ceilings • Auditoriums • Multiplexes • Theatres • Lecture halls • Libraries • Offices with an open floor plan • Meeting Rooms for Conferences • Bars and Pubs • Home Cinemas • Yoga and Meditation Centers In India, the fibre ceiling business has a promising future, with opportunities in both commercial and residential applications. The market is expected to grow due to increased demand for acoustic and thermal insulation, rising disposable income in developing countries, and shifting consumer preferences toward the aesthetics of homes and businesses. The adoption of sustainable and innovative building solutions, such as the use of eco-friendly materials for ceilings, floors, and walls, is anticipated to benefit market dynamics. The market's expansion is being stifled by the high raw material costs of ceiling tiles. Furthermore, ceiling tile installation is costly because it necessitates the services of a professional. Few Indian Major Players 1. K-Flex India Pvt. Ltd. 2. Lloyd Insulations (I) Ltd. 3. Owens Corning Inds. (India) Pvt. Ltd. 4. Rock Wool (India) Pvt. Ltd. 5. Saint-Gobain Gyproc India Ltd.
Plant capacity: Fiberglass Wool Ceiling Tiles 3,000 Sq. Mtr. Per DayPlant & machinery: 482 Lakhs
Working capital: -T.C.I: Cost of Project: 1082 Lakhs
Return: 27.00%Break even: 52.00%
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Industrial and Pharmaceutical Grade Starch from Cassava, Maize and Tacca Roots

Starch can be found in cassava, sorghum, maize, sago, and potatoes. The initiative's concentration, however, was on cassava starch production. Cross-linking starch results in a product that can be used to produce noodle, salad cream, or custard. This product is often made with corn and potato starch, but cassava, which is readily available and inexpensive, can be utilised to meet the needs of the people. Cassava (ManihotesculentaCrantz), also known as yucca in Central America, mandioca or manioca in Brazil, tapioca in India and Malaysia, and cassada or cassava in Africa and Southeast Asia 39, 40, is a lowland tropics starchy staple and a major source of food support for some of the world's poorest countries 39, 40. MAIZE STARCH: Maize starch is a corn starch that is extracted from the grain (maize). The starch is taken from the endosperm of the kernel. Corn starch is a common food additive that thickens sauces and soups, as well as being used to make corn syrup and other sugars. TACCA STARCH (TACCA LEONTOPETALOIDES): Tacca starch is derived from the rhizomes of the Taccaceae plant Taccaleontopetaloides. In the humid tropics of Asia, Australia, and the Pacific islands, the genus Tacca contains about 30 species of perennial herbs with tuberous or creeping rhizomes. The tubers contain a 22.40 percent dry matter content and a 10.22 percent starch content. Increased use of starch in the production of biodegradable plastic and food items, as well as its additions in bakeries, snacks, drinks, and functional meals, as well as rising demand in various non-food applications, is driving the Industrial Starch Market. In a number of meals, starch and its derivatives are used as thickeners, stabilisers, sizing agents, fat replacers, and binding agents. The global modified starch market is anticipated to be valued USD 13.1 billion in 2020, growing to USD 14.9 billion by 2025, indicating a 2.7 percent compound annual growth rate (CAGR). Because of its expanded use in a wide range of meals, as well as the cost-effectiveness and enhanced functionalities it provides over native starch, it is experiencing significant expansion.
Plant capacity: Industrial Grade Starch 37.5 MT Per Day Pharmaceutical Grade Starch 12.5 MT Per DayPlant & machinery: 257 Lakhs
Working capital: -T.C.I: Cost of Project: 1255 Lakhs
Return: 28.00%Break even: 76.00%
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Non-Woven Geotextile

Geotextiles are permeable geosynthetics manufactured from textile or fabric materials. Geotextiles are made from polypropylene, polyester, polyethylene, polyamide, and other polymers. Geotextiles provide a variety of roles, including separation, drainage, filtration, reinforcing, and protection. Geotextiles are used in a variety of ways in India. Chemically or thermally glueing materials together, needle punching, and other methods are used to create non-woven geotextiles. Non-woven geotextiles are synthetic geotextiles that are often used in filter or separation applications, as well as projects where pooling water is a major issue. Nonwoven geotextiles are employed when both soil isolation and permeability are required. These materials are commonly used to wrap French drains or to work with other sub-surface drainage systems. Non-woven geotextiles are used in a variety of applications, including river erosion control, railways, landfills, canals, and water proofing. Non-woven is also frequently used beneath rock riprap revetment, where drainage and separation are critical. Non-oven geotextiles are the most popular type of geosynthetic in terms of volume. Only a few of the applications include geotechnical engineering, heavy construction, building and pavement construction, hydrogeology, and environmental engineering. According to the "India Geotextiles Market research," the non-oven geotextiles market in India is predicted to grow at a CAGR of nearly 12% between 2017 and 2026. There are three types of geotextiles on the Indian market: woven, non-woven, and knitted. The nonwoven geotextile market in India accounts for the biggest share of these categories. The category is predicted to maintain its dominance over the forecast period. Because they filter well and are heat resistant, nonwoven geotextiles are used to prevent soil erosion, as pound underlayment, and as separating cloths. Few Indian Major Players 1. Maccaferri Environmental Solutions Pvt. Ltd. 2. Parry Enterprises India Ltd. 3. Skaps Industries India Pvt. Ltd. 4. Strata Geosystems (India) Pvt. Ltd. 5. Techfab (India) Inds. Ltd.
Plant capacity: Non-Woven Geotextile 200,000 SQM Per DayPlant & machinery: 4312 Lakhs
Working capital: -T.C.I: Cost of Project: 5419 Lakhs
Return: 27.00%Break even: 37.00%
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Milk Powder (Baby Milk for 0 to 5 year, Milk Powder for Coffee and Tea)

Milk is an essential part of human diet. It's nutrient-dense, delicious, and easy to digest. Proteins, fats, sugars, minerals, and a wide range of vitamins are all abundant. In terms of milk production, India ranks only behind the United States of America and the Soviet Union. However, India's milk output is insufficient to fulfil the needs of the country's massive population, with daily average intake per person falling short of the optimal requirement of around 310 grammes. Milk and milk products come in a variety of forms, including fresh milk products, concentrates, and dried items. Milk powders can be used in place of fresh milk and concentrates. The conversion of liquid dairy streams to powder results in a convenient and consistent supply of milk solids. 1. Milk Powder is eaten as a snack. 2. It's a full-fledged newborn food. 3. Among other things, it's used to manufacture curd, butter, ghee, cream, and ice cream. 4. Milk powder is found in nearly every home. 5. It's utilised in the production of milk meals, as well as tea and coffee, at hotels and restaurants. 6. It's used to make cheese, yoghurt, ice cream, and lassi, among other things. The global milk powder market is estimated to grow at a CAGR of 4.4 percent between 2018 and 2025, from $27,783.3 million in 2017 to $38,086.1 million in 2025. Milk powder is a dehydrated dairy product created by evaporating milk. The purpose of making milk powder is to extend the shelf life of milk without using a refrigerator. There are several types of milk powder available, including whole milk powder, skimmed milk powder, dairy whitener, and various variations of milk powder. Few Indian Major Players 1. D S P I Milk Foods Ltd. 2. Haryana Milk Foods Ltd. 3. Herman Milkfoods Ltd. 4. K K Milk Fresh India Ltd. 5. Kamdhenu Foods Ltd. 6. Markandeshwar Foods & Allied Products Ltd.
Plant capacity: Baby Milk Powder 400 gms Size Pack 62,500Nos Per Day Milk Powder for Tea & Coffee 200 gms Size Pack 25,000 Nos Per Day Milk Powder for Tea & Coffee 500 gms Size Pack 10,000Nos Per DayPlant & machinery: 948 Lakhs
Working capital: -T.C.I: Cost of Project: 2711 Lakhs
Return: 29.00%Break even: 50.00%
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Copper Wire Drawing & Enamelling

Copper is one of the oldest materials known to man, as well as one of the most widely utilised non-ferrous metals today. Copper, like Ag and Au, belongs to the first row of transition elements, which also includes Sc, Ti, V, Cr, Mn, Fe, Co, Ni, Cu, and Zn. It belongs to the periodic table's group 11. The element has an atomic number of 29, a mass of 63, two major oxidation states (+1 and +2), and two naturally occurring isotopes (63Cu and 65Cu) with corresponding abundances of 69.17 percent and 30.83 percent. Copper is easy to stretch, mould, and shape, is corrosion-resistant, and has excellent heat and electrical conductivity. As a result, copper was essential to early humans, and it is still employed in a variety of applications today. The winding of motors and transformers is done with copper wire. Copper wire is available in several gauges (32 gauge to 18 gauge). The winding required for the specific motor or transformer determines the copper wire gauge. Wire having a conductor diameter of 0.500 to 4.000 mm is suitable for submersible motor winding. Copper wire is in high demand among motor and transformer makers, as well as for motor and transformer rewinding. Copper wire is used in a variety of applications such as power generation, transmission, distribution, telecommunications, electronics circuitry, and a variety of electrical equipment. Copper and copper alloys are also used to make electrical connections. Building electrical wire is the most important market for the copper industry. Copper is mostly used in the electrical industry for components such as electrical apparatus, bus bars, and wire. Copper is not very ductile at temperatures between 250 and 600°C, and it cannot be forged or stamped at temperatures above 800°C due to its high brittleness. Pure copper is rarely forged or stamped, and only its alloys bronze and brass are regularly forged or stamped. Cables and wires, which account for approximately 40% of India's electrical industry, are in high demand due to the growing demand for electricity, light, and communication. Wires and cables are widely utilised in a number of industries and serve a critical role in the development of infrastructure. The need for wire and cables is closely tied to the growth of the manufacturing industry and infrastructure in the electrical, telecommunications, residential, and commercial sectors. As a result, the government's initiatives on a variety of fronts, such as power, housing, infrastructure, and digitization, are almost certain to generate a lot of business for the wire and cable industry in the coming years. Few Indian Major Players 1. Bharat Insulation Co. (India) Pvt. Ltd. 2. Chandra Metals Pvt. Ltd. 3. Elite Conductors Ltd. 4. Grid India Power Cables Pvt. Ltd. 5. Khandelwal Cables Ltd. 6. Madhav Copper Ltd.
Plant capacity: Copper Wire (0.914 to 0.376 mm) 350 Kgs per day Enamelled Copper Wire (0.914 to 0.376 mm) 350 Kgs per day Intermediate Copper Wire (2.5 mm) 4,000 Kgs per day Intermediate Copper Wire (1.2 mm) 5,000 Kgs per dayPlant & machinery: 432 Lakhs
Working capital: -T.C.I: Cost of Project: 1233 Lakhs
Return: 28.00%Break even: 46.00%
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Tomato Ketchup & Mayonnaise

Tomatoes are one of the most important food crops in India. It is found in almost every state in the United States. The top producers are Bihar, Karnataka, Uttar Pradesh, Orissa, Andhra Pradesh, Maharashtra, Madhya Pradesh, and West Bengal. Vitamins A and C, as well as potassium, minerals, and fibre, are abundant in tomatoes. Because the raw material can be found all throughout the country. Tomatoes are one of the most important "protective foods" due to their great nutritional value. It's one of the most flexible vegetables, and it's been used in Indian cooking for centuries. Tomatoes are used in soups, salads, pickles, ketchup, purees, sauces, and more. Ketchup, an acidic, seasoned tomato sauce, is one of America's favourite condiments. Although ketchup, sometimes known as catsup, is most commonly associated with hamburgers, hot dogs, and French fries, it can also be found in sauces, meatloaf, beans, and stews. Mayonnaise is one of the most popular sauces in the world. Egg yolks, vinegar, oil, and a few other ingredients are used to make a semi-solid oil-in-water emulsion. Mayonnaise is available in a range of colours, although the most popular are white, cream, or pale yellow. It can range in texture from a light cream to a thick gel. It's served with sausages, burger patties, chips, and salads as a culinary flavouring and hunger stimulant. It can range in texture from a light cream to a thick gel. It's offered with sausages, burger patties, chips, and salads as a culinary flavouring and to whet the appetite for a first meal. Mayonnaise has a high oil content, which contributes to the product's lubricity and creamy texture. Mayonnaise is an emulsion, which is a mixture of two liquids that would not normally mix together. Combining oil with water is a famous example. A tiny number of unorganised and individually owned firms produce mayonnaise. It's a better alternative product, to put it that way. Vegetable oil, vegetable protein, milk protein, egg protein, fat emulsifier salt, and water are the most common basic materials used in product manufacture. All of the basic raw materials are readily available in India. A mixer, a digital balance, an emulsifying machine or a colloid mill, holding tanks, a boiler, and other basic plant and machinery are needed. The machines are all manufactured in the United States. The global tomato ketchup market will be worth US$ 19.70 billion in 2020. The market is estimated to grow at a CAGR of 4.70 percent from 2021 to 2026. Table sauce, often known as tomato ketchup, is a cold condiment produced from soft red tomatoes that mixes well with both hot and cold dishes. It has a sweet and tangy flavour and is usually used to snacks and appetisers to enhance their flavour. In a blender, combine ripe blanched tomatoes, vinegar, sugar, and a selection of seasonings and herbs to make tomato ketchup. In India, the mayonnaise and salad dressing industry is becoming one of the most active and rapidly growing segments of the food service industry. As a result of improving living standards and changing lifestyles, the need for sophisticated taste in meals is becoming a growing trend in the food industry, which is benefiting the mayonnaise and salad dressing sectors. The demand for mustard sauce, caeser salad dressing, creamy cheese salad dressings, liquid salad dressing sauces, Italian and Russian salad dressing, thousand island salad dressing, eggless and garlic mayonnaise, and other mayonnaise and salad dressing products is higher than ever, giving the Indian market a boost. Few Indian Major Players 1. Adinath Agro Processed Foods Pvt. Ltd. 2. Cremica Food Inds. Ltd. 3. Del Monte Foods India Pvt. Ltd. 4. General Mills India Pvt. Ltd.
Plant capacity: Tomato Ketchup (500 gms Size Glass Bottle) 4,000 Nos. per day Mayonnaise (500 gm Size Glass Bottle) 2,000 Nos. per day Mayonnaise (200 gm Size Pouches) 5,000 Nos. per dayPlant & machinery: 67 Lakhs
Working capital: -T.C.I: Cost of Project: 362 Lakhs
Return: 30.00%Break even: 57.00%
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HDPE Pipes

For decades, HDPE pipe has been used in non-potable water applications. Because of its welded joints, HDPE pipes are very popular. While welding necessitates the use of specialised equipment, it eliminates the need for separate fittings, which are a typical source of leaks and contaminant infiltration. HDPE is a very flexible polymer that can endure more abuse on the job site than brittle polymers such as PVC. Because of the flexibility of the piping system, turns can be achieved without the use of additional joints. High density polyethylene (HDPE) is used as a drainage pipe material because it is lightweight, corrosion resistant, easy to install, and has a low maintenance cost. The design of HDPE corrugated drainage pipe is based on the idea that it will deform and so alleviate stress. As a result, ductility is an important quality for allowing for deflection during the pipe's service life. HDPE resins with low ductility may induce unexpected breaking in the pipe due to a phenomenon known as "slow crack advancement." To decrease cracking, the stress crack resistance (SCR) of HDPE resins must be properly assessed. HDPE pipes are corrosion-resistant and simple to work with, making them more practical and long-lasting. HDPE pipes are lightweight and use less energy to manufacture. Other polyethylenes have varied densities, hyper-branched crystallinities, molecular weights, and chain structures. HDPE may be processed at temperatures ranging from 160°C to 250°C, with a shrinkage rate of 1.5 to 3%. Due to its great heat resistance, flexibility, and machinability, HDPE is a prominent polymer in the production of a wide range of plastic goods. The India HDPE Pipes Market was valued $99.9 million in 2018, and is expected to increase at a CAGR of 11.2 percent to $233.5 million by 2026. High density polyethylene (HDPE) pipes are made from raw materials such as PE 63, PE 80, and PE 100. One of the key advantages of HDPE pipes is that they are 6-8 times lighter than cast iron and galvanised iron pipes. HDPE pipes may be easily moulded and welded together due to their high chemical resistance. They are also non-corrosive, making them a great choice for a wide range of applications. Few Indian Major Players 1. Alom Poly Extrusions Ltd. 2. Captain Polyplast Ltd. 3. Dutron Polymers Ltd. 4. Greenfield Irrigation Ltd. 5. JayshreePolytex Ltd. 6. Kunststoffe Industries Ltd. 7. Nimbus Pipes Ltd.
Plant capacity: HDPE Pipes 7,200Kgs per dayPlant & machinery: 82 Lakhs
Working capital: -T.C.I: Cost of Project: 541 Lakhs
Return: 27.00%Break even: 60.00%
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Bamboo Sticks

Bamboo is a tribe of flowering perennial evergreen plants in the grass family Poaceae, subfamily Bambusoideae, tribe Bambuseae; however, in many countries where bamboo is used as a building material, forestry services and departments consider bamboo to be a forestry product, and it is specifically harvested as a tree exclusively for the wood it produces, which is in many ways superior to wood. In fact, it is usually referred to be a tree by cultures that harvest it for wood. Despite the fact that India is the world's second-largest producer of bamboo, 70% of the bamboo used in agarbatti is imported. Imported bamboo sticks are often better in terms of dimension regularity and quality than handmade sticks made in India. When burned, incense sticks are long, cylindrical structures with a bamboo core wrapped in fragrant materials, filling the air with fresh air and perfume. Incense sticks are used for a variety of religious purposes, including cleaning the air, releasing positive energy into the atmosphere, and expelling negative energy from our surroundings. Incense sticks are used in a variety of ceremonies and rites in temples, churches, mosques, and monasteries, among other places, in almost all religions. Currently, the Indian government's ministry of business and trade is in charge of incense stick production (GOI). The main ingredients in incense sticks vary depending on the industry, but they typically include charcoal powder, sticky powders such as Jigat, Sal resin, Guggul, Nargis powder, raw bamboo sticks, water, various oils, aromatic essence, flower essence, sandalwood oil, rose petals, natural and chemical aromatic ingredients, sawdust, and various colour powder. Because incense sticks are in such high demand in India, they are sold through all channels of commerce and distributed to people through retail. The retail mode has a positive impact on sales, and the CAGR is predicted to be around 6% in the next years. India's incense sticks and Dhoop (a sort of incense product) industry is a highly export-oriented industry that brings in significant money for the country. Year after year, India's exports of incense sticks and Dhoop grow, helping to close the country's trade deficit. In terms of both consumption and production, India is the world's largest incense stick market. The market has derived from the highest presence of agarbatti goods, which has grown at a CAGR of over 7% in the last several years. However, because to the items' wide range of smells and long-lasting qualities, consumer acceptance of dhoop goods has increased in recent years. In the coming years, the market for dhoop items is expected to grow at a CAGR of more than 9%, driving up demand for bamboo even more.
Plant capacity: Bamboo Sticks 4 MT Per DayPlant & machinery: 443 Lakhs
Working capital: -T.C.I: Cost of Project: 791 Lakhs
Return: 26.00%Break even: 45.00%
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  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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