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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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Start Production Business of Industrial Enzymes used in Textile, Poultry and Paper Pulp Industries

Enzymes are excellent catalysts because they are very selective and may be used in a number of situations. By combining the right enzymes with genetic engineering, enzyme companies have created proteins that can work in harsh process settings including those involving solvents, salts, and high temperatures. The global market for industrial enzymes is currently worth $1.8 billion per year and growing at a rate of more than 20% per year. Industrial enzymes are used in a variety of industries, such as pharmaceuticals, chemical manufacture, biofuels, food and beverage, and consumer goods. Thanks to recent advancements, biocatalysis employing isolated enzymes is currently considered more cost-effective than using complete cells. To extract biologically active enzymes, any living creature can be employed. Fungi account for more than half of the hundred enzymes utilised in industry, with bacteria, mammals (8 percent), and plants accounting for the rest (4 percent). The bio industrial industry in India, which is mostly made up of enzyme companies, contributes about 5% of the country's GDP and is valued at Rs. 3,950 million, with a 5.33 percent growth rate. Novozyme, India's market leader for industrial enzymes, is constructing a new R&D centre in Bengaluru. The United States, Canada, and China continue to supply India with 70% of its enzyme needs. Only Enzyme-Based Detergents At the moment, proteases and amylases are commonly used. Granulates with a dust-free inner core containing inorganic ions (e.g. NaCI) and sugars as a preservative, bound with reinforcing, carboxy methyl cellulose or similar protective colloid. This core is subsequently covered with inert waxy materials like paraffin oil or polyethylene glycol, as well as different hydrophilic binders, which are washed away. Enzymes' Function in the Dairy Industry Lactose is found at a concentration of 4.7 percent (w/v) in milk. Its presence in milk renders milk unsuitable for the vast majority of the world's adult population. Lactose has a limited solubility, which leads to crystal formation. Hydrolyzing lactose, which generates a product that is four times sweeter and considerably more soluble, can fix these problems. Lactase (ß-galactosidase) is a lactose hydrolyzer. Enzymes are used in the fruit juice, wine, brewing, and distilling industries. Because of the presence of pectins, cloudiness is a major issue in the preparation of fruit juices and wines. The majority of them are -1,4-anhydrogalacturonic acid polymers with varying degrees of methyl esterification. The Leather Industry and Enzymes One of the oldest applications of industrial enzymes is the processing of hides and skins for leather. Soaking, bating, and enzyme-assisted dehairing are presently the most common uses for protease and lipases. The enzyme demand is computed using India's growth rate, which is significantly larger than the output. Enzymes originating from fermentation sources account for about 80% of the whole market, according to a study. Bacterial alkaline proteinases were the most used enzyme in detergents. Microbial proteinases accounted for 40% of the whole market, whereas gylcosidases accounted for roughly 20%. Glucose isomerase was the most popular non-hydrolase product, accounting for 6% of the overall market. Detergents and starch make for around 30% of sales, with dairy processing accounting for the remaining 15%. The industrial enzyme market is fast growing since most enzymes are produced by microorganisms in submerged cultures employing biotechnology. Growing enzyme use in existing application areas, enzyme use in new industrial processes, strict enforcement of environmental rules, and cost savings were all major drivers of this sector's rise in India. Industrial enzymes had a market value of USD 4.61 billion in 2016, and it is predicted to grow at a CAGR of 5.8% from 2017 to 2022. Thanks to the country's booming food processing, tannery, and textile manufacturing industries, India's industrial enzymes market is predicted to approach US$ 361 million by 2020. Industrial enzymes are used in a variety of industries, including food and beverage, household care, animal feed, leather manufacturing, textile processing, pharmaceuticals, and others. Industry Major Market Players • Novozymes • BASF SE • DSM • DuPont Danisco • Associated British Foods plc • Adisseo • Novus International • Advanced Enzyme Technologies • Chr. Hansen Holding A/S • Enzyme Development Corporation • Lesaffre
Plant capacity: 300 MT Per AnnumPlant & machinery: 633 Lakhs
Working capital: -T.C.I: Cost of Project: 959 Lakhs
Return: 1.00%Break even: N/A
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Rice Husk based Biodegradable Cutlery Making Plant

Early adopters of biodegradable cutlery, which has emerged as a preferred alternative to plastics, can be found all over the world. Bagasse, rice husk, coconut coir, and other plant biomass resources are being used to make environmentally friendly cutlery, tableware, and packaging products that are expected to gain prominence in the future decade. Rice husk is a surprise tough material that can resist a lot of abuse and lasts a long time. Rice husk cutlery is one of the most durable biodegradable silverware solutions, withstanding temperatures of above 100°C without harm. This reusable tableware's smooth, shiny surface is made completely of natural wax produced from rice husks. Biodegradable Biodegradable cutlery includes knives, forks, chip forks, coffee stirrers, spoons, and teaspoons. The goods, which are made of renewable resources and come from well-known brands like Plastico and Vegware, are all food-grade. Biodegradable cutlery is created from a variety of compostable and biodegradable natural materials, such as sugarcane bagasse, bamboo, paper pulp, palm leaves, agricultural waste, and other disposable materials (cornstarch-based PLA plastic is also a sustainable alternative but is not capable of breaking down on its own in normal conditions). To the nth degree, environmentally friendly: Rice husk is a greener and healthier alternative to disposable plastic cutlery because it is made from industrial waste. Rice husk cutlery is a long-lasting and reusable material that can last up to three years depending on temperature and maintenance. As a result, these flatware pieces are perfect for gatherings, fast-food establishments, and restaurants. Unlike plastic silverware, rice husk cutlery does not melt when exposed to extreme heat or cold. As a result, they will outlast the disposable plastic ones. You can even microwave them to warm them up! At picnics, vacations, and work, people may now enjoy their food without the humiliation that comes with using throwaway silverware. The biodegradable cutlery market is growing in response to rising demand for disposable and low-cost utensils in many developing economies. They've gained popularity at a variety of major gatherings, including parties, rallies, and social events. The demand for reusable spoons and plates is steadily expanding at a variety of parties and large events. Several social gatherings and huge sporting events have attempted to popularise biodegradable tableware in recent years. Exotic designs have also been released by manufacturers. As a result of these policies, the market for biodegradable flatware has exploded. According to market participants, biodegradable cutlery is also emerging as a viable cost-effective solution, as the usage of single-use plastics has drawn criticism from a variety of corners around the world. To market premium commodities like rice husk dinnerware, manufacturers in emerging economies are increasingly resorting to e-commerce. The rise of the biodegradable cutlery industry has been aided by the increasing prevalence of e-commerce in various sectors of these emerging nations. In 2018, the global biodegradable cutlery market was valued USD 33.9 million, and it is expected to increase at a 5.9% CAGR from 2019 to 2025. The increased public awareness of the negative effects of non-biodegradable rubbish is predicted to enhance market growth. The government has made non-biodegradable plastic illegal, with rigorous regulations in place. Government initiatives to support the industry, as well as increased public awareness of the dangers of non-biodegradables, are likely to fuel growth.
Plant capacity: Biodegradable Cutlery (Per Set 6 Pcs. Flatware): 1,852 Sets Per DayPlant & machinery: 28 Lakhs
Working capital: -T.C.I: Cost of Project: 222 Lakhs
Return: 27.00%Break even: 52.00%
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Set up NPK Complex Organic Fertilizer Plant

Fertilizers are soil additions that help plants develop more quickly. Nitrogen, phosphorous, and potassium are the most common nutrients in fertilisers, with other elements being added in smaller amounts. In terms of weight, macronutrients such as nitrogen (N), phosphorus (P), and potassium (K) are the most significant nutrients for plants (i.e. NP-K). Ammonia is the primary source of nitrogen. Urea is the most common chemical used to make nitrogen available to plants. Superphosphate, commonly known as ammonium phosphate, is the most common type of phosphorus. Potassium is obtained from potassium muriate (Pottasium Chloride). Because it primarily contains the three necessary nutrients, synthetic macronutrient fertiliser is also known as artificial or straight fertiliser. N-P-K fertilisers that have been purposely combined with additional components are known as compound fertilisers. Fertilisers are classified based on the combination of these three variables. The crop depletes soil resources by removing a significant quantity of plant nutrients, particularly NPK nutrients, which are estimated to be 125 kg/ha/year at the current level of crop output, despite an annual input of only 75 kg. Excessive reliance on chemical fertilisers, as well as a disdain for the conservation and use of organic sources of nutrients, has resulted in soil nutrient depletion and soil health issues, making sustained gains in agricultural output difficult. 1. Organic fertiliser provides all of the nutrients required by plants, albeit in little amounts. 2. It aids in the preservation of the soil's C:N ratio while also enhancing fertility and productivity. 3. It improves the physical, chemical, and biological properties of the soil. 4. It improves the structure and texture of the soil. 5. It increases the water-holding capacity of the soil. 6. An increase in biological activity makes nutrients in the lower depths available to the plants. 7. It works as efficiently as possible, lowering soil moisture evaporation losses. India's principal agricultural products include pulses, wheat, rice, peanuts, potatoes, and onions. As a result of the country's ongoing population growth and rising need for food crops, the demand for fertilisers has increased. As a result of expanding urbanisation and diminishing arable land, Indian farmers are aggressively adopting fertilisers to enhance their production. Furthermore, the Indian government is pursuing measures and offering subsidies through KrishiVigyan Kendra (KVKs) to create high-quality seeds and cluster frontline demonstrations, which is driving up demand for fertilisers. The National Food Security Mission (NFSM), for example, is boosting food productivity through a number of projects. They also reduce the need for fertiliser imports, making it easier for India to create its own. Furthermore, governments are assisting farmers through a range of schemes and the introduction of new technology to manufacture better fertilisers at reduced prices, which is positively boosting market growth. During the following five years, the market is expected to grow at a CAGR of 4.8 percent (2022-2027). Organic fertilisers are made from human waste, animal waste, and vegetable materials (usually rotten or non-consumable by humans). Naturally occurring organic fertilisers include animal waste from meat processing factories, peat, slurries, manures, and guano. Organic fertilisers are less harmful to the environment because they are made from naturally occurring materials. Because many fertilisers find their way into human diets, adopting organic fertilisers reduces the risk of sickness. Some of the most popular organic fertilisers on the market include blood meal, bone meal, composites, earthworm castings, bat guano, fish emulsion, alfalfa meal, feather meal, and rock phosphate. Once the nutritional requirements of the crop have been calculated, organic fertilisers are usually chosen. The coronavirus epidemic is wreaking havoc on Southeast Asia's fertiliser industry, disrupting fertiliser distribution both inside and between markets in the Asia-Pacific region. Malaysia has imposed a curfew, but fertiliser producing factories have been allowed to continue functioning due to their importance to the country's food supply. Industry Major Market Players • Borealis AG • Yara • Agrium Inc. • ICL • EuroChem Group AG • PhosAgro • CARBOTECNIA SL • Haifa Chemicals Ltd. • SKW Stickstoffwerke Piesteritz GmbH • J.R. Simplot Company
Plant capacity: 12 MT Per DayPlant & machinery: 114 Lakhs
Working capital: -T.C.I: Cost of Project:417 Lakhs
Return: 25.00%Break even: 53.00%
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Badminton Rackets Manufacturing Business

Badminton rackets manufacturing is a company that helps people learn to play badminton and provides them with the essential equipment. However, because beginning a Badminton Rackets manufacturing business from the ground up can be difficult, learning how to start your own Badminton Rackets manufacturing business may make sense if you are interested in this field. We'll go over some of the options for getting started. A racket, or racquet, is used to strike a shuttlecock in games such as squash, badminton, racquetball, badminton, and padel. A racket is a handled frame with an open hoop across which a network of strings is stretched firmly in its most basic form. Some rackets have a solid or perforated hitting surface instead of a network of strings. Such rackets are commonly referred to as paddles or bats. These games are collectively known as racket sports. Badminton rackets are light, with top-quality rackets weighing between 70 and 95 grammes. Modern rackets are made of carbon fibre composite (graphite reinforced plastic), which can be added with a variety of materials. Carbon fibre has a high strength-to-weight ratio, is stiff, and efficiently transfers kinetic energy. Prior to the use of carbon fibre composite, rackets were made of wood due to their enormous weight and cost. Although the game's laws regulate the size and shape of badminton rackets, there is a wide range of racket designs. Varied players choose rackets with different playing characteristics. Modern rackets increasingly include an isometric head shape, however the original oval head design is still available. Europe and the Americas have far less badminton lovers than Asia and Southeast Asia. It's very popular in the Nordic countries, especially Sweden. Indoor sports such as badminton are quite popular since the region is impacted by the region, the temperature is low, and the night is even in the winter. Badminton is a popular sport in other parts of Europe and the United States, but its financial potential is limited due to its small population base. The market will not grow much in a short period of time, despite the good development trend. The global badminton racket market was valued $580 million in 2018 and is predicted to reach $980 million by 2025, with a CAGR of 6.7 percent from 2019 to 2025. The purpose of this study is to define, segment, and predict the Badminton Racket market by company, product type, end user, and main geographic regions. Industry Major Market Players • Yonex • VICTOR • RSL • Lining • GOSEN • KAWASAKI • Carlton Sports • Wilson Sporting Goods • Babolat • Apacs Sports • COSCO India Ltd. • Silver Sports India
Plant capacity: 1000 Pcs Per Day Plant & machinery: 81 Lakhs
Working capital: -T.C.I: Cost of Project: 353 Lakhs
Return: 30.00%Break even: 64.00%
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Setup Curcumin Extraction Unit

Turmeric is a golden spice derived from the rhizomes of Curcuma longa, a member of the ginger family (Zingiberaceae). It is widely utilised in India for a variety of purposes, including health, food preservation, and textile dyeing. Underground horizontal stems that develop roots and branches are known as rhizomes. Turmeric's brilliant yellow colour comes from curcuminoids, fat-soluble polyphenolic pigments. Curcumin, the most active curcuminoid in turmeric, is widely acknowledged as the most active component. Demethoxycurcumin and bisdemethoxycurcumin are two additional curcuminoids discovered in turmeric. Turmeric has been used as a spice and colour in India for ages, as well as for medicinal purposes. Curcumin is the most physiologically active phytochemical in turmeric. Curcumin's molecular chemical formula is C21H20O6. Curcuminoids, which make up around 6% of organic turmeric, and yellow colouring principles, of which Curcumin makes up 50-60%, are the most important components. Because of its well-known health-promoting and disease-preventive characteristics, curcumin is extracted and studied. Curcumin purification from 95% to 100% does not boost bioavailability, but it does significantly increase manufacturing costs. Turmeric has a long history of usage in Indian medicine. To name a few of its qualities, it is stomachic, carnivore, tonic, blood purifier, vermicide, and antiseptic. Curcumin, turmeric's main ingredient, has been found to have a number of medicinal properties. It protects against free radical damage since it is a powerful antioxidant. Curcumin has also been proved to be an effective anti-inflammatory agent. It accomplishes this by lowering histamine levels in the body and maybe enhancing natural cortisone synthesis in the adrenal glands. Curcumin also defends the liver against a variety of toxins. Curcumin is a spice that gives a variety of meals their colour. A comprehensive list of such foods may be found in the Draft Codex General Standard for Food Additives. Dairy products, fats, oils, and fat emulsions, confectionery, cereal products, bakery wares, meat and meat products, fish and fish products, eggs and eggs products, spices, soups, sauces, and protein products, foodstuffs for specific nutritional purposes, beverages, ready-to-eat savouries, and composite foods are all allowed to contain curcumin. Curcumin is used at levels ranging from 5 to 500 mg/kg, depending on the dietary category. Turmeric has a long history of usage in Indian medicine. To name a few of its qualities, it is stomachic, carnivore, tonic, blood purifier, vermicide, and antiseptic. Curcumin, turmeric's main ingredient, has been found to have a number of medicinal properties. It protects against free radical damage since it is a powerful antioxidant. Curcumin has also been proved to be an effective anti-inflammatory agent. It accomplishes this by lowering histamine levels in the body and maybe enhancing natural cortisone synthesis in the adrenal glands. Curcumin also defends the liver against a variety of toxins. Curcumin is a spice that gives a variety of meals their colour. A comprehensive list of such foods may be found in the Draft Codex General Standard for Food Additives. Dairy products, fats, oils, and fat emulsions, confectionery, cereal products, bakery wares, meat and meat products, fish and fish products, eggs and eggs products, spices, soups, sauces, and protein products, foodstuffs for specific nutritional purposes, beverages, ready-to-eat savouries, and composite foods are all allowed to contain curcumin. Curcumin is used at levels ranging from 5 to 500 mg/kg, depending on the dietary category. Curcumin's market exceeded USD 70 million in 2020, with a CAGR of more than 11% expected between 2021 and 2027. Curcumin is a substance that is often used to treat cancer, Alzheimer's disease, and other serious illnesses. It's also used to treat cancer, arthritis, and viral infections, so the pharmaceutical sector will continue to want it. Curcumin's anti-inflammatory and antioxidant properties, as well as its use in ayurvedic medical formulations, will increase demand for curcumin-based nutritional supplements. Curcumin's benefits in decreasing depression, metabolic syndrome, and cholesterol management are expected to drive market growth throughout the forecast period. Industry Major Market Players • BioMax Life Sciences • Hebei Tianxu Biotech Co.,Ltd • JIAHERB, INC. • Synthite Industries Ltd • BioThrive Sciences • Herboveda India Pvt. Ltd • Sabinsa Corporation • The Green Labs LLC • WackerChemie AG • Hindustan Mint & Agro Products Pvt. Ltd. • Arjuna Natural Extracts Ltd. • SV Agrofood • Star Hi Herbs Pvt. Ltd. • Helmigs Prima Sehejtera P.T • SMP Nutra
Plant capacity: Curcumin Powder: 100 Kgs per day Turmeric Oil: 48 Kgs per day Deoiled Turmeric: 1,842 Kgs per dayPlant & machinery: 215 Lakhs
Working capital: -T.C.I: Cost of Project: 493 Lakhs
Return: 27.00%Break even: 64.00%
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Pre-Feasibility Report for Production Linear Alkyl Benzene Sulphonic Acid

Linear alkyl benzene sulphonic acid is the most extensively used synthetic surfactant due to its inexpensive cost, good performance, ability to be dried to a stable powder, and biodegradable environmental friendliness. An anionic surfactant, LAB Sulphonic Acid is extensively used in the manufacturing of household detergent powders, cake and dishwashing cleaners. Linear alkyl benzene sulfonic acids are complex mixtures of homologues of different alkyl chain lengths (C10 to C13 or C14) and phenyl positional isomers of 2 to 5-phenyl in proportions dictated by the starting materials and reaction conditions, each containing an aromatic ring sulfonated at the para position and attached to a linear alkyl chain at any position except the terminal one (1-phenyl). The physical and chemical properties of linear alkyl benzene sulfonic differ depending on the length of the alkyl chain, resulting in formulations for a variety of applications. LAS is the most extensively used synthetic surfactant due to its inexpensive production cost, outstanding performance, and ability to be dried to a stable powder. It's also biodegradable and safe for the environment. More than 80% of the time, LAS is used in the manufacturing of detergents. In textile production, it can also be employed as a wetting or dispersion agent. LAS can be used in both acidic and alkaline formulations and is available in liquid and powder form. It's also compatible with other surfactants. Because of its biodegradability and compatibility with other surfactants, LAS is an excellent candidate for detergent production. It can be mixed with other non-ionic and cationic surfactants to improve the cleaning ability of detergents. • HI&I (High-Intensity and Low-Intensity • Industrial auxiliaries • Oil fields • Agriculture • Emulsion polymerization • Metalworking • Paints & coatings • Laundry detergents An increase in demand for liquid detergents in various end-use industries such as food & beverage, textiles, and household across the globe is driving the global linear alkyl benzene sulfonic acid market. Linear alkyl benzene sulfonic acid has excellent foaming properties and helps remove stains by reducing the surface tension of the water. Other surfactants, such as alcohol ether sulphates (AES), compete with linear alkyl benzene sulfonic acid because they are more enzyme compatible, have a higher hard-water tolerance, and are softer. These factors are predicted to stymie the global market during the forecasted years. On the other hand, manufacturers of linear alkyl benzene sulfonic acid are likely to benefit from high AES prices and a scarcity of supply. Based on application, the market is split into Detergent, Emulsifier, Coupling Agent, and Agricultural Herbicides. Detergent Surfactants like linear alkylbenzene sulfonic acid can be found in laundry detergents and powders. It dissolves in water and forms foam, which helps remove dirt from garments by forming a lather. The primary purpose of adding Linear Alkylbenzene Sulfonic Acid to a detergent is to improve cleaning performance and extend the time a stain remains on garments. Emulsifier In detergents, LABSA (Linear Alkylbenzene Sulfonic Acid) is a synthetic emulsifier and wetting agent. Pharmaceuticals, food processing, oilfield chemicals, and water treatment chemicals are among the industries where it can be employed to improve product performance. Linear alkyl benzene sulfonic acid is used in pharmaceuticals, food processing, oilfield chemicals, and water treatment chemicals to improve the performance of their products. Coupler's Agent Alkylated phenols, such as octylphenol ethoxylates and nonylphenol ethoxylates, are mixtures of branched-chain tertiary alcohols with seven to nine carbon atoms and the formula: where R is a branched alkyl or alkenyl group, and the Linear Alkylbenzene Sulfonic Acid in Coupling Agent is used to make them. Nonionic surfactants created with linear alkylbenzene sulfonic acid include nonylphenol polyethylene glycol ethers (NPEs), octylphenol polyethylene glycol ethers (OPEs), and dodecyl phenol-polyoxyethylene(20)glycol ether. Agricultural Herbicides To control weeds, linear alkylbenzene sulfonic acid is utilised in agricultural herbicides. It's made from petroleum, shale oil, or coal tar, and it's used to make a range of different chemicals, including pesticide esters. It can be used to get rid of weeds in a field or on concrete surfaces, as well as to keep harmful plants from growing. Its active ingredient, sodium dodecylbenzene sulfonate (LABSA), destroys plant roots while also preventing them from sprouting in the future. The global Linear Alkyl Benzene Sulphonic Acid market was valued at USD 3606.9 million in 2020, and it is expected to grow at a CAGR of 3.5 percent from 2021 to 2027, reaching USD 4601.4 million by 2027. There are two forms of LABSA: LABSA 96 percent and LABSA 90 percent. As a result of LABSA's washing function, downstream application industries will require more LABSA goods. As a result, LABSA has a large market potential in the future. Manufacturers are attempting to enhance technologies in order to create LABSA with high purity and performance. Industry Major Market Players • CEPSA • Sasol • KAPACHIM • Stepan • SK • Fogla Group • New India Detergents • ISU Chemical • Solvay • Dada Surfactants • Huntsman • Kao • Tufail • Hansa Group • Miwon Chemical • NCSP • FUCC • Lion • Ho Tung • Nanjing Gige
Plant capacity: 60 MT Per DayPlant & machinery: 550 Lakhs
Working capital: -T.C.I: Cost of Project: 5190 Lakhs
Return: 27.00%Break even: 58.00%
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Tennis Rackets Manufacturing Business

During a game of tennis, a tennis racquet is used to hit a ball. As sports become increasingly vital in controlling body metabolism and developing physical strength, tennis is projected to rise in popularity among health-conscious people. A racket is a sport that consists of a handled frame and an open hoop across which a network of strings or catgut is stretched taut. In sports like tennis, it's used to hit a ball. Over the years, racket design and production have changed tremendously. Tennis equipment is the equipment that is required to play tennis. A racket, tennis ball, shoes, and a dress code are all required for the sport. Aside from the players, the tennis court necessitates the use of a net to divide each player's playing area. Rackets are made of a variety of metals and woods. There are no restrictions on the size or materials used in the construction of a racket. It has an oval head and a neck that gradually widens as it connects the narrow grip to the head of the racket. The head of the racket is tightly woven with strings of various materials, such as nylon, gut, or synthetic gut. The handles are covered in leather or nylon for a better grip. Between 2020 and 2030, the tennis racket market is estimated to reach a value of over US$ 700 million, rising at a CAGR of 3.5 percent. The tennis racket market has had a historical CAGR of about 1% during the period (2015-2019), and is predicted to reach a valuation of US$ 214 million by 2030, thanks to modest growth in mature nations such as North America and Europe. The participation of Millennials and Generation Z has increased. Millennials and Gen Z have had low discretionary spending for many years, and as a result, their leisure spending has been low as well. As these generations have grown older and gained more discretionary income, they have increased their spending on a range of activities. This has proven tremendously beneficial to the tennis industry's growth and demand for tennis equipment, and it is expected to continue to do so in the future. Investments in instilling a healthy lifestyle have increased in recent years. Governments and sports organisations have been at the forefront of change for many years. Efforts to expand sports participation, with a concentration on tennis, have been extensively recognised in nations such as India, the United Kingdom, and China. The tennis equipment industry is being driven by the growing popularity of tennis around the world. Tennis has grown in popularity around the world as a result of an increase in tournaments and promotional initiatives. Tennis is popular in many nations, including Australia, the United States, France, Germany, Russia, and Spain. Tennis has become more popular in Asia and the Pacific. The Commonwealth Games in New Delhi (India) in 2008 reinforced this popularity. As individuals become more aware of the benefits of sports in maintaining fitness and health, tennis participation has grown around the world. Tennis has also gained in popularity as a means of improving health in affluent countries such as Germany, France, and the United States, particularly among the elderly. It also offers other advantages, such as improving aerobic activities, lowering resting heart rate and blood pressure, boosting metabolic function, and increasing bone density. Cardio tennis is also becoming increasingly popular among people of all ages. It's a group exercise that incorporates a high-intensity workout, a warm-up, and a cardio workout to help you burn calories in a healthy way. Cardio tennis is an excellent method to stay current with fitness and group exercise trends. Industry Major Market Players • YONEX Co., Ltd. • Sumitomo Rubber Industries, Ltd. • HEAD • Babolat • Amer Sports • GAMMA Sports • PACIFIC Holding GmbH • Maus Frères SA • Authentic Brands Group LLC • Freewill Infrastructures Pvt. Ltd.
Plant capacity: 400 Pcs Per DayPlant & machinery: 81 Lakhs
Working capital: -T.C.I: Cost of Project: 345 Lakhs
Return: 30.00%Break even: 65.00%
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Production of Stainless Steel Cold Rolled Coil using Stainless Steel Scrap

Cold rolling is a work hardening treatment for stainless steel that is widely used to alter the metal's structure. Cold rolled stainless steel is utilised as a raw material in a variety of medical, aerospace, and automotive applications. Continue reading to learn more about cold rolled steel, including what it is, how it is manufactured, and what applications it can serve. Cold rolling steels' primary purpose is to reduce the thickness of hot rolled steel strips (usually 1.5 mm to 5 mm) to thinner thicknesses (normally 0.12 mm to 2.5 mm) that are impossible to achieve in a hot strip mill. Cold rolling is used to improve the surface polish of steels, improve thickness tolerances, provide a variety of 'tempers,' improve physical attributes, and prepare the strip for surface coating, among other things. Hot rolled steel strips are cold rolled at room temperature, below the temperature of recrystallization. In the cold rolling method, the hot rolled strip is usually not heated before being rolled. Frictional energy, on the other hand, is converted to heat at the contact surfaces of the strip. This heat might boost the temperature of the strip being rolled from 50 to 250 degrees Celsius in a rapid adiabatic process. Cold rolling of pickled hot rolled strip is achieved by passing steel strip through a rolling machine with an entry end reel for uncoiling the pickled hot rolled coil and an exit end reel for coiling the cold rolled strip. The cold reduction is done in the middle by one or more (typically up to six) rolling mill stands. Each mill stand uses vertically stacked rolls powered by huge motors to exert tremendous compressive stresses to the strip. Mill stands are available in heights of two, four, or six feet. Because they provide the most benefit over the other two types, 4-high stands are more typically used. Cold rolled steel, abbreviated as CRS, is well-known for being a ductile material that is ideal for precision applications. It's used in a wide range of products, including household appliances, furniture, lockers, and filing cabinets. Garages, steel sheds, and other industrial structures are typically constructed with CRS. A cold rolled stainless steel coil can be precision manufactured, allowing the metal to be made to extremely tight tolerances. By cold rolling stainless steel and work hardening it, we may achieve a variety of tempers, including quarter-, half-, and full hard. The hardness degree of steel is determined by the amount of cold work done on it. Quarter-, half-, and full-hard stock reductions are more significant (sometimes up to 50 percent ). This boosts the yield point while reducing the ductility of the steel. Quarter-hard steel can be bent back over itself without breaking, but half-hard steel can be bent at a 90-degree angle and full-hard steel at a 45-degree angle without breaking. In situations where the metal must be bent without breaking, cold rolled metal is typically used. Stainless steel cold rolled coil is used in construction, surgery, kitchen necessities, and other industries. External handrails and bannisters can be built of 304 stainless steel, which has good weldability and processing qualities. 316 stainless steel is perfect for kitchen essentials such as equipment, cutlery, and cookware, and it comes in a variety of shapes and corrosion resistance. 316L stainless steel is suited for high-consistency medical and surgical applications. The market for stainless steel strips is expected to rise due to its favourable properties such as corrosion resistance, enhanced formability, weld ability, and attractive appearance, resulting in increased demand from a variety of end-use sectors. Future growth opportunities for stainless steel strips are projected to be driven by rising demand for product penetration in consumer base products such as refrigerators, ventilation systems, dishwashers, sinks, and prep tables. The stainless steel strips market is expected to grow significantly in various applications in the following year. Supply disruptions and fluctuations in the cost of raw materials required to manufacture stainless steel strips, on the other hand, may impede the market's growth. The worldwide steel strips market has been significantly fragmented as a result of the strong presence of multinational corporations around the world, as well as the existence of a large number of local and regional market competitors. Because of the increasing growth of end-user sectors in Asia Pacific, such as construction and consumer goods, the region is expected to consume a large amount of the stainless strips market. Due to their quickly growing automotive, construction, and other manufacturing industries, India, China, and South Korea are projected to lead the market for stainless steel strips. Industry Major Market Players ? ArcelorMittal ? China Baowu Steel Group ? Nippon Steel and Sumitomo Metal ? JFE Steel Corporation ? Ansteel Group ? Tata Steel ? Hesteel Group ? POSCO ? Nucor Corporation ? Benxi Steel Group ? Shougang ? Shagang Group ? NLMK Group ? ThyssenKrupp ? JSW Steel Ltd ? Maanshan Steel
Plant capacity: Stainless Steel 202 Series Strip Coil (0.02 mm to 3 mm): 140.0 MT per day Stainless Steel 304 Series Strip Coil (0.02 mm to 3 mm): 100.0 MT per day Stainless Steel 405 Series Strip Coil (0.02 mm to 3 mm):93 MT per dayPlant & machinery: 24 Cr
Working capital: -T.C.I: Cost of Project: 83 Cr
Return: 28.00%Break even: 47.00%
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Ascorbic Acid (Powder)from Sorbitol: Most Profitable Manufacturing Business to start

Ascorbic Acid is a type of vitamin C, which refers to any number of substances in fruits and vegetables that help us fight infections and strengthen our immune systems. Ascorbic acid can be synthesized in a lab from sorbitol, a sugar alcohol that’s used as an artificial sweetener. It’s also found naturally in foods like apples, oranges, berries and some other types of fruit. For industrial applications, it is produced synthetically. Ascorbic acid powder is white to light yellow crystalline powder with a molecular formula of C6H8O6 and molecular weight of 176.126 g/mol. This product can be used as food additive or nutritional supplement in foods, beverages, pharmaceuticals, cosmetics, veterinary medicine and other industries. Visit this Page for More Information: Start a Business in Pharmaceutical sector Uses of Ascorbic Acid (Powder) from Sorbitol Ascorbic acid is used in foods as an antioxidant, preservative, emulsifier and coloring agent. It occurs naturally in citrus fruits and other plants. Ascorbic acid is also added to numerous processed foods. It can be used to prevent nutrient loss by maintaining vitamin C levels. Foods containing ascorbic acid include juices, cereals, margarine, soft drinks and frozen desserts. In addition, it is used in cosmetics and pharmaceuticals. This product contains a minimum of 99% pure L-ascorbic acid that is water soluble. Business Plan: Manufacturing of Ascorbic Acid (Powder) from Sorbitol In food applications, it provides a sour taste and can help retain moisture. Ascorbic acid is highly acidic with a pH between 2.0 and 3.5, so it must be neutralized before use. For example, when used for its antioxidant properties in dairy products, cream or milk may need to be adjusted with sodium bicarbonate or citric acid to ensure proper pH levels are maintained during storage. Ascorbic acid is often blended with other antioxidants such as BHT or BHA for synergistic effects in preventing oxidation during storage. Watch Video: Manufacture Ascorbic Acid (Powder) from Sorbitol and Start your Business Today! Manufacturing Process Ascorbic acid, also known as vitamin C, is an essential nutrient that plays an important role in immune system functions. Ascorbic acid is a white crystalline powder that appears odorless and non-toxic in its pure form. The manufacturing process of ascorbic acid powder from Sorbitol starts with mixturing Sorbitol and hot water to dissolve. After adding potassium hydroxide solution into it, it will be heated until all ingredients are dissolved. Then filtered using filter paper and evaporated at high temperature until dryness. Finally dried by vacuum drying or freeze drying process to get Ascorbic Acid (Powder) from Sorbitol. Download PDF: Manufacture Ascorbic Acid (Powder) from Sorbitol and Start your Business Today! Benefits of Starting an Ascorbic Acid (Powder) Business Ascorbic acid is becoming increasingly popular. If you've recently seen your doctor and been diagnosed with a vitamin C deficiency, you know how critical it is to increase your vitamin C intake. Patients who are lacking in vitamin C have even been reported to die from scurvy, a disease caused by a lack of the vitamin. With all of these advantages, it's no surprise that ascorbic acid is in such great demand. There are a variety of ways to receive your daily dose of vitamin C, but one one that stands out above the rest is to start an ascorbic acid business. This type of business allows you to market vitamin C-rich items. You'll be able to make money while also assisting individuals in staying healthy! Read Similar Articles: Pharmaceutical Industry Market Outlook: From USD 0.97 billion in 2016 to USD 1.23 billion in 2024, the global market for ascorbic acid powder is expected to increase at a CAGR of 4.63 percent. In 2016, North America is expected to generate the most revenue from ascorbic acid powder products, followed by Europe, Asia Pacific, and the Rest of the World. Because of its antioxidant properties, the worldwide ascorbic acid powder market is predicted to grow due to rising demand for ascorbic acid powder in the food industry. Processed food consumption has risen as a result of a growing middle-class population with disposable income and changing lifestyles, driving the global ascorbic acid powder market. Read our Books Here: Pharmaceutical, Drugs, Proteins Technology Handbooks Furthermore, the worldwide ascorbic acid powder market is being propelled ahead by expanding consumer knowledge of the health advantages of natural components, as well as rising consumer health consciousness. Based on application, the worldwide ascorbic acid market is segmented into pharmaceutics, cosmetics, food and beverages, and others. In 2020, the food & beverage industry category led the Ascorbic Acid Market. The segment's dominance can be attributed to its natural food ingredient property, which generates healthy, clean-label meals and beverages in order to suit the growing demand of health-conscious customers while also prolonging product shelf life. Related Feasibility Study Reports: Pharmaceutical, Drugs, Fine Chemicals, Bulk Drug Intermediates, Pharmaceutical Drugs, Pharma Drug Ingredients Intermediates, Drug Intermediates, Speciality Chemicals, Raw Materials, Fine and Specialty Chemicals Intermediates, Pharmaceutical Bulk Drugs As a result, ascorbic acid is commonly used to fortify or add a citrus flavour to fruit juices, cereals, fruit-flavored sweets, dried fruits, cured meats, and frozen meals. However, in 2020, the Cosmetics application segment had the greatest market share, and from 2021 to 2026, it is predicted to grow at a CAGR of 6.9%. Ascorbic acid is becoming increasingly popular in skin care products due to its ability to protect skin cells from UV exposure. Ascorbic acid also serves as an antioxidant, protecting the end product from degrading due to air exposure and helps with pH management. Watch other Informative Videos: Pharmaceutical, Drugs, Fine Chemicals, Bulk Drug Intermediates, Pharmaceutical Drugs, Pharma Drug Ingredients Intermediates, Pharmaceutical Bulk Drugs See More Links: Start a Business in Asia Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Startup Consulting Services Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects Related Market Research Reports
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Lithium Ion Battery(LiFePO4) Business Plan

Lithium ions travel from the negative electrode to the positive electrode during discharge and then back to the negative electrode during charging in a lithium-ion cell, also known as a Li-ion battery. Alternative cathode materials based on elements other than cobalt or manganese have been developed due to safety concerns. Lithium iron phosphate is one of these materials. This material has several advantages over other cathodes, including the ability to withstand higher charge/discharge currents without deterioration, the ability to cycle more times than other battery types, and a low self-discharge rate. In fact, a fully charged LiFePO4 battery will keep 90% of its capacity after three months of idleness. They are useful for solar energy storage systems and electric vehicles when extended intervals between charges are foreseen (EVs). Features: The following are some of the benefits of lithium iron phosphate batteries: • Lower discharge rate • Higher power density • A discharge curve that is straight • Less expensive heating • Charge cycles have been increased. • enhanced safety Lithium iron phosphate batteries are distinguished from other lithium-ion batteries by their ability to maintain a constant voltage and a charge cycle of 2000 to 3000 cycles. LFP batteries are a wonderful choice because they are both environmentally friendly and structurally sound. They have a modest rate of discharge and a low energy density. Phosphate-based technology is safer since it is more thermally and chemically stable than Lithium-ion technology created using other cathode materials. Lithium phosphate batteries are incombustible in the event of charge or discharge mismanagement; they are more stable in overcharge or short circuit situations, and they can withstand high temperatures without degrading. If the phosphate-based cathode material is treated incorrectly, it will not ignite or induce thermal runaway. Phosphorus chemistry has a longer cycle life. Benefits of LiFePO4 Batteries: LiFePO4 batteries have a high discharge rate due to their lack of internal resistance. They can thus be utilised to power autos and other electrical devices. Lithium-ion batteries, which are often found in computers and cell phones, can be made smaller and more compact. If they are damaged or overheated, they are also less prone to catch fire. The lithium concentration of these batteries, according to some experts, may help to lessen the health concerns linked with nickel and cadmium, two chemicals often found in traditional batteries. Finally, LiFePO4 batteries are regarded greener than many other types of rechargeable batteries because they do not contain cobalt, a rare metal that is commonly mined in war zones or under hazardous conditions. Uses and Applications: • Large electric vehicles include buses, electric automobiles, tour buses, hybrid vehicles, and other attractions. • Electric bicycles, golf carts, miniature cars, forklifts, and cleaning wheelchairs for electric vehicles are examples of light electric vehicles. Power tools include lawn movers, electric saws, and electric drills. • Toys that can be controlled remotely, such as cars, boats, and planes • Storage systems for solar and wind energy. • Warning lights, UPS, and miner's lamp are examples of emergency lights. • Small and portable medical instruments and equipment. • Laptop computers, cell phones, camcorders, iPods, and other modern equipment are widely used. • Lithium ion batteries are used in a range of cutting-edge electric vehicles, including the first of its kind, the Tesla Roadster. Market Size in India: The India lithium-ion battery market is estimated to grow at a robust CAGR of 29.26% over the forecast period of 2018-2023. The Indian automobile sector is one of the country's most important, contributing for about 7% of GDP. The industry produced 25.31 million cars in the first quarter of 2017, compared to 24.01 million the previous year, including commercial, passenger, two- and three-wheeled vehicles, and commercial quadricycles. In contrast, India has set a lofty target of having only electric vehicles (EVs) by 2030, which is expected to increase lithium-ion battery consumption in the country. Market Size Globally: The market for Lithium Iron Phosphate (LiFePO4) batteries is predicted to grow to USD 15.25 million by 2028. In terms of revenue, the vehicle industry in 2020 will have overtaken the global industry. Throughout the projection period, Asia-Pacific is expected to be the greatest source of revenue for the global lithium iron phosphate battery business. Increased demand for LiFePO4 batteries from the automotive industry is propelling the industry forward. The use of lithium iron phosphate batteries has increased dramatically in recent years as the demand for battery electric cars has skyrocketed. The vehicle industry's rising demand for LiFePO4 batteries is a primary driver for the company. Its acceptance is expanding in lockstep with the acceptance and use of battery electric vehicles (EVs). Gasoline and diesel prices are expected to rise as fossil fuel stockpiles run out. Consumers are being pushed to switch to battery electric vehicles as a result of this, as well as the associated environmental issues. Technological advancements, growing smart device adoption, and stringent regulatory constraints all contribute to the need for batteries over the forecast period. The battery sector is growing as a result of increased use of LiFePO4 batteries in renewable energy storage systems, expanding consumer electronics demand, and the resulting stringent government requirements. Industry Major Market Players • A123 Systems LLC. • Bharat Power Solutions • BYD Company Ltd. • CENS Energy Tech Co., Ltd. • Electric Vehicle Power System Technology Co., Ltd. • Formosa Energy & Material Technology • GS Yuasa Corporation • K2 Energy • LiFeBATT, Inc. • LITHIUMWERKS, • OptimumNano Energy Co., Ltd. • Panasonic Corporation • RELiON Batteries • Samsung SDI Co. Ltd • Toshiba Corporation • Valence Technology Inc.
Plant capacity: Lithium Ion (LiFePO4) Battery Back of Power 4.8 KWH (No. of Cells 800) for Three Wheeler: 26 Nos Per Day Lithium Ion(LiFePO4)Battery Back of Power 18 KWH (No. of Cells 3000) for Four Wheeler: 24 Nos Per Day Plant & machinery: 289 Lakhs
Working capital: -T.C.I: Cost of Project: 970 Lakhs
Return: 29.00%Break even: 54.00%
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