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

Agro and Food Processing: Project Opportunities in Chhattisgarh

PROFILE:

Food processing involves any type of value addition to agricultural or horticultural produce and also includes processes such as grading, sorting and packaging which enhance shelf life of food products. The food processing industry provides vital linkages and synergies between industry and agriculture. The Food Processing Industry sector in India is one of the largest in terms of production, consumption, export and growth prospects. The government has accorded it a high priority, with a number of fiscal reliefs and incentives, to encourage commercialization and value addition to agricultural produce, for minimizing pre/post harvest wastage, generating employment and export growth. India's food processing sector covers a wide range of products fruit and vegetables; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products, Soya-based products, mineral water, high protein foods etc.

RESOURCES:

Chhattisgarh is also known as the rice bowl of central India. With 80% of the population (around 32,55,062 families) depending on it as the main source of income, the state is heavily engaged in agriculture. Chhattisgarh accounts for 137.9 lakh Ha. of land, which translates to 4.15 % of the total land mass of the country. 37% of the land (47.5 lakh Ha.) is under agriculture. Crops in India are traditionally classified as Rabi and Kharif depending on the season in which they are sown. Crops that are grown in Rainy season are called Kharif Crops and sowing typically begins in the first week of July with the arrival of monsoon. The Rabi Crop is grown after the monsoon withdraws and the harvest is obtained usually around spring. Major Kharif Crops include Rice, Millets, Maize and Pulse etc. These crops are water intensive and thus Kharif Season is suited for such crops. Rabi Crops include food grains like Wheat, Barley and Mustard etc. In view of its extremely rich and unique bio-cultural diversity, the government is providing support through various schemes to promote horticulture.

 

GOVERNMENT POLICIES:

The Ministry of Food Processing Industries (MOFPI) is a ministry of the Government of India is responsible for formulation and administration of the rules and regulations and laws relating to food processing in India. The ministry was set up in the year 1988, with a view to develop a strong and vibrant food processing industry, to create increased employment in rural sector and enable farmers to reap the benefits of modern technology and to create a of surplus for exports and stimulating demand for processed food.

•        Custom duty rates have been substantially reduced on food processing plant and equipments, as well as on raw materials and intermediates, especially for export production.

•        Wide-ranging fiscal policy changes have been introduced progressively in food processing sector. Excise and Import duty rates have been reduced substantially. Many processed food items are totally exempt from excise duty.

•        Corporate taxes have been reduced and there is a shift towards market related interest rates. There are tax incentives for new manufacturing units for certain years, except for industries like beer, wine, aerated water using flavouring concentrates, confectionery, chocolates etc.

•        Indian currency, rupee, is now fully convertible on current account and convertibility on capital account with unified exchange rate mechanism is foreseen in coming years.

•        Repatriation of profits is freely permitted in many industries except for some, where there is an additional requirement of balancing the dividend payments through export earnings.

 

Mineral: Project Opportunities in Chhattisgarh

PROFILE:

A mineral is a naturally occurring solid chemical substance formed through biogeochemical processes, having characteristic chemical composition, highly ordered atomic structure, and specific physical properties. India is endowed with significant mineral resources. India produces 89 minerals out of which 4 are fuel minerals, 11 metallic, 52 non-metallic and 22 minor minerals.

RESOURCES:

Chhattisgarh is the richest State in terms of mineral wealth, with 28 varieties of major minerals, including diamonds. It hosts a wide variety of minerals found in igneous, sedimentary and metamorphic terrains. These mineral resources have immense potential for large investment in mining, setting of mineral based industries and generating employment in the State. The large deposits of coal, iron ore, limestone, bauxite, dolomite and tin ore are located in several parts of the State.

Chhattisgarh produces around twenty per cent of the country's steel and cement and is the only tin-ore producing State in the country. It is nestling atop the world's largest Kimberlite area. Eight blocks have been demarcated for diamond exploration. For instance, Diamondiferous Kimberlites identified in Raipur district are likely to yield substantial quantity of diamonds. Apart from diamond, four blocks of gold exploration and five blocks for base metal investigation have been demarcated. The State is also encouraging establishment of a Gems and Jewellery Park to attract new investment in the sector.

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

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

 

 

Biotechnology: Project Opportunities in Chhattisgarh

PROFILE

The Biotechnology sector in India is one of the fastest growing sectors of the Indian Economy. As the sector is mainly based on knowledge, it is expected that it will play an important part in shaping the Indian Economy, which is developing at a rapid pace. The Indian Biotechnology sector holds immense potential in terms of research and development, skill and cost effectiveness. As per the eight annual survey by the Association of Biotechnology-led enterprise (ABLE) and a monthly journal, Bio-Spectrum, the sector grew threefold in five years and reported a revenue of US$ 3 billion during 2009-2011 with a 17 per cent rise as compared to the previous year.

RESOURCES

Chhattisgarh is a biodiversity hotspot – and is thus well poised to assume a significant and leading place in the biotechnology sector.  The  State,  given  its  strengths,  would  like  to  benefit  from the present   global   advances  in  the  field  of  biotechnology  &  bioinformatics. Given a facilitative environment Biotechnology as a scientific tool holds immense promise in areas as wide ranging as agriculture, health and communication.

GOVERNMENT POLICIES:

Biotechnology has been identified as a thrust sector in the State's Industrial Policy. The Bastar region is one of the richest biospheres in India. The state is endowed with about 22 varieties of forest and is extremely rich in aromatic plants used in herbal medicine .The state has vast land of virgin biosphere reserves. Its biotech policy has the following objectives:

 

·         Focus on thrust areas viz. Agri-biotechnology, Health care, Bioinformatics, Industrial and Environment biotechnology

·         Creation of a Biotechnology Fund with an initial corpus of US$ 7 million

·         Providing infrastructure for biotechnology industry through setting up of biotechnology parks and bio-villages

·         Human resource development through introduction of biotechnology in technical education institutions and industry partnered educational programmes

·         Incentives for bio-technology industry

 

 

Cement: Project Opportunities in Chhattisgarh

PROFILES:

The cement industry is one of the main beneficiaries of the infrastructure boom. With robust demand and adequate supply, the cement industry comprises of 125 large cement plants with an installed capacity of 148.28 million tonnes and more than 300 mini cement plants with an estimated capacity of 11.10 million tonnes per annum. India is the 2nd largest cement producer in world after china .Right from laying concrete bricks of economy to waving fly over’s cement industry has shown and shows a great future. The overall outlook for the industry shows significant growth on the back of robust demand from housing construction, Phase-II of NHDP (National Highway Development Project) and other infrastructure development projects.

RESOURCES:

Chhattisgarh Cement industry presents a total of around nine major units that are effectively performing on the economic domain of the state. Raipur, Bilaspur and Durg districts of Chhattisgarh are known to house some of the notable cement industries of the state. Specializing in dry and semi-dry qualities, the ACC cement plant is situated in the Jamul region of Chhattisgarh state. The Akaltara and Mandhar areas of the state have the plants of CCI Cement Company which produces only the dry quality ones. Lafarge, Ambuja, Grasim, Larsen & Toubro are some other important names that have set up their units in various locations of Chhattisgarh.

GOVERNMENT POLICIES:

The government of India has set ambitious plans to increase the production of cement in the country, and to attain the target the government has made huge investments in the sector. The Department of Industrial Policy and Promotion, which falls under the central Ministry of Commerce and Industry, is the agency that is responsible for the development of the cement industry in the country. The agency is actively involved in keeping track of the performance of cement companies in the country and provides assistance and suitable incentives when required by the company. The department is also involved in framing and administering the industrial policy for foreign direct investments in the sector. Apart from formulating policies, the department also promotes the industry to attract new foreign investments in the sector.

 

Steel: Project Opportunities in Chhattisgarh

PROFILES:

India has now emerged as the eighth largest producer of steel in the world with a production capacity of 35MT. Almost all varieties of steel is now produced in India. India has also emerged as a net exporter of steel which shows that Indian steel is being increasingly accepted in the global market.  The growth of the steel industry in India is also dependant, to a large extent, on the level of consumption of steel in the domestic market. Steel consumption is significant in housing and infrastructure. In recent years the surge in housing industry of India has led to increase in the domestic demand for steel.

RESOURCES:

Steel industry is the biggest sector of Chhattisgarh, having a reputation of producing high quality iron and steel products which has huge export value. Because of this we can say Chhattisgarh steel industries provide major momentum to the growing economy of the state. Chhattisgarh Steel industry holds a major position in the arena of Indian industries. Some of the notable steel units like the Bhilai Steel Plant efficiently produces considerable amount of steel products round the year. The advances machineries, tools and equipment used in the iron and steel industry of Chhattisgarh also help in encouraging the yearly production.

                  The iron ore reserves of Chhattisgarh are quite abundant in nature. Supported by government and private bodies, today even the remote locales where iron deposit are found, have become flourishing industrial zones. It can be said that Chhattisgarh Steel industry provides momentum to the process of economic progress in the state.

GOVERNMENT POLICIES:

The government of Chhattisgarh has opened its doors to private investors who wish to set up new steel plants in the state. With such a significant step, the state government has already covered a considerable journey towards becoming the ultimate steel hub of India. Under the new industrial policy, iron and steel has been made one of the high priority industries. Price and distribution controls have been removed as well as foreign direct investment up to 100% (under automatic route) has been permitted.  The Trade Policy has also been liberalized and import and export of iron and steel is freely allowed with no quantitative restrictions on import of iron and steel items. Tariffs on various items of iron and steel have drastically come down since 1991-92 levels and the government is committed to bring them down to the international levels.  With the abolishing of price regulation of iron and steel in 92, the steel prices are market determined. The policy devises a multi-pronged strategy to achieve these targets with following focus areas; removal of supply constraints especially availability  of critical inputs like iron ore; improve cost competitiveness by expanding and strengthening the infrastructure in roads, railways, ports and power; increase exports; meet the additional capital requirements by mobilizing financial resources; promote investments by removing  procedural delays. In addition the policy also addresses challenges arising out of environmental concerns, human resource requirements, R&D, volatile steel prices and the secondary sector. 

 

Textile: Project Opportunities in Chhattisgarh

PROFILE:

The textile industry is primarily concerned with the production of yarn, and cloth and the subsequent design or manufacture of clothing and their distribution. The raw material may be natural or synthetic using products of the chemical industry. The Indian Textile Industry is as diverse, large, colourful yet full of complexity like the country itself.  It is one of the leading textile industries in the world. The industry employs about 35 million people and contributes to approximately 4% of the GDP of India and 17% of the country’s export earnings.

 

RESOURCES:

Chhattisgarh is one of the leading producers of Tussar and Kosa silks in the country and has the potential to be a strong player in the Indian apparel industry. The Chhattisgarh State Industrial Development Corporation (CSIDC) is establishing an apparel park on about 20 hectares for the development of textile and textile-based industries and to attract new investment in the sector. Readymade garment in Raipur is a prospecting business. The wholesale market of Pandri (Raipur) supplies readymade garments in Orissa, Maharashtra, Jharkhand etc. To provide a single roof for apparel associated activities and give a boost to apparel industry an Apparel Park is developed in Bhanpuri at Raipur on 1.35 ha. land.

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.

 

Tourism: Project Opportunities in Chhattisgarh

PROFILE:

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. The tourism industry in India is substantial and vibrant, and the country is fast becoming a major global destination. India’s travel and tourism industry is one of them most profitable industries in the country, and also credited with contributing a substantial amount of foreign exchange. Indian Tourism offers a potpourri of different cultures, traditions, festivals, and places of interest.

RESOURCES:

Chhattisgarh, situated in the heart of India, is endowed with a rich cultural heritage and attractive natural diversity. The State is full of ancient monuments, rare wildlife, exquisitely carved temples, Buddhist sites, palaces, waterfalls, caves, rock paintings and hill plateaus. Most of these sites are untouched and unexplored and offer a unique and alternate experience to tourists compared to traditional destinations which have become overcrowded. Chhattisgarh offers the tourist a Destination with a Difference. For those who are tired of the crowds at major destinations, Bastar, with its unique cultural and ecological identity, will come as a breath of fresh air. The Green State of Chhattisgarh has 44% of its area under forests, and is one of the richest bio-diversity areas in the country.

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.

Power: Project Opportunities in Chhattisgarh

PROFILE:

India is the sixth largest in terms of power generation. About 65% of the electricity consumed in India is generated by thermal power plants, 22% by hydroelectric power plants, 3% by nuclear power plants and rest by 10% from other alternate sources like solar, wind, biomass etc. 53.7% of India’s commercial energy demand is met through the country’s vast coal reserves. The country has also invested heavily in recent years on renewable sources of energy such as wind energy. As of March 2011, India’s installed wind power generation capacity stood at about 12000 MW. Additionally, India has committed massive amount of funds for the construction of various nuclear reactors which would generate at least 30,000 MW. In July 2009, India unveiled a $19 billion plan to produce 20,000 MW of solar power by 2020 under National Solar Mission.

RESOURCES:

Chhattisgarh is poised to become the power hub of India. The abundant availability of coal ensures constant supply of raw material for future thermal power projects. State's Energy Policy endeavours to provide electricity to all villages by 2007 and all households by 2009 and to encourage private participation in power production. Chhattisgarh Biofuel Development Agency (CBDA) has been setup to take up an ambitious programme for development of Bio-Diesel in the state. Government has constituted the Chhattisgarh Vidyut Niyamak Ayog (Electricity Regulatory Authority). 60 MOUs signed for establishment of power plants. Anticipated power production through MOUs is 50,000 MW. Proposed investment is Rs. 2,25,000 crores.

GOVERNMENT POLICIES:

State Government enunciates the following Energy Policy with an objective to to accelerate the pace of development of the State and bring it at least at par with other developed States:

 I. Rural Electrification: To bring per capita electricity consumption at par with national level, State Government accords highest priority to providing electricity to all the villages and Majra /Tolas (Hamlets).

 II. Energy for Agriculture: Keeping in view the important role of agriculture in the State's economic development and low irrigation percentage, priority shall be accorded to energisation of agriculture pump sets.

Ill. Energy for Industries: For giving impetus to industrial investment in the State, it is absolutely essential that     industries get quality power at reasonable rates.

 IV. Generation: Because of abundant availability of coal and water, there exists a wide scope for coal-based power projects in the State. In addition, the State has very good potential for power generation through non-conventional energy sources especially through Hydel projects.

V. Power Sector Reforms: Due to long monopoly of State/SEBs in energy sector and due to defective policies, power generation, transmission and distribution sectors have become inefficient and most of the SEB' s have become financially unviable with the result that SEB's are unable to make required investments in these sectors.

 VI. Development of Non-Conventional Energy

VII. Energy Conservation and Demand Side Management

 

Waste management and recycling: Project Opportunities in Chhattisgarh

PROFILE:

Rapid industrialization last few decades have led to the depletion of pollution of precious natural resources in India depletes and pollutes resources continuously. Further the rapid industrial developments have, also, led to the generation of huge quantities of hazardous wastes, which have further aggravated the environmental problems in the country by depleting and polluting natural resources. Therefore, rational and sustainable utilization of natural resources and its protection from toxic releases is vital for sustainable socio-economic development.

Hazardous waste management is a new concept for most of the Asian countries including India. The lack of technical and financial resources and the regulatory control for the management of hazardous wastes in the past had led to the unscientific disposal of hazardous wastes in India, which posed serious risks to human, animal and plant life.

RESOURCES:

There are total 5 municipal corporations situated in Durg, Korba, Raipur, Bhilai Nagar and Rajnandgaon in Chhattisgarh. Manufacturing and material processing trade generated waste. Around the Raipur city and planning area there are no major industries available and around 1700 small and medium scale industries are available. Industrial waste may contain hazardous wastes and it may be toxic to humans, animals, and plants; are corrosive, highly inflammable, or explosive. These industrial waste shall be treated at “Treatment, Storage and Disposal Facility ( TSDF)” separately.

GOVERNMENT POLICIES:

National policy on waste management is set out in the October 1998 policy statement on waste management- Changing our ways. It outlines the Government's policy objectives in relation to waste management, and suggests some key issues and considerations that must be addressed to achieve these objectives. The policy is firmly grounded in an internationally recognised hierarchy of options, namely prevention, minimisation, reuse/recycling, and the environmentally sustainable disposal of waste which cannot be prevented or recovered.

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PVC/HDPE Pipes (Irrigation, Drinking Water, Agriculture and Sewerage)

PVC pipes are produced by extrusion process followed by calibration to ensure maintenance of accurate internal dia with smooth internal boxes. These pipes generally come in lengths of 6 meters. A wide range of injection moulded fittings, including tees, elbows, reducers, caps, pipes saddles, inserts and threaded adaptors for pipe sizes 15-150 mm are available. High density polyethylene (HDPE) is being used as 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 assumption that the pipe will deform and thus relieve stress. Consequently, ductility is an essential parameter to accommodate allowable deflection during the pipe’s service life. HDPE pipe is much easier to handle and install than heavier, rigid metallic or concrete pipe, allowing for cost advantages in the construction process. It is structurally better able to withstand an impact than other pipe materials, especially in cold weather installations when other pipes like PVC are prone to cracks and breaks. The India PVC Pipes Market size was valued at $3,159 million in 2016 and is anticipated to expand at a CAGR of 10.2% to reach $6,224 million by 2023. Polyvinyl chloride (PVC) is the third largest selling plastic commodity after polyethylene & polypropylene. It is beneficial over other materials, owing to its chemical resistance, durability, low cost, recyclability, and others; thus, it can replace wood, metal, concrete, and clay in different applications. PVC pipes are manufactured by extrusion method in a variety of dimensions such as solid wall or cellular core construction. They are corrosion resistant, cost-effective, flame resistant, easy to install & handle, and environmentally sound, with long service life. The major growth drivers for this market are the growth of government infrastructural spending, increasing residential and commercial construction, industrial production, irrigation sector, and replacement of aging pipelines. The market can be segmented into UPVC, CPVC, HDPE, LDPE, PPR, PPH pipes and fittings and others. Of these, UPVC has accounted for the highest revenue share, followed by HDPE pipes and fittings. The primary growth drivers for the market have been growing sanitation and agriculture sectors in India. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under: • Ajay Industrial Corpn. Ltd. • Alom Poly Extrusions Ltd. • Anant Extrusions Ltd. • Anantha Pvc Pipes Pvt. Ltd. • Apollo Pipes Ltd. • Ashirvad Pipes Pvt. Ltd. • Ashish Polyplast Ltd. • Captain Pipes Ltd. • Dutron Polymers Ltd. • Gee Emm Polyvin Pvt. Ltd. • Greenfield Irrigation Ltd.
Plant capacity: HDPE Pipes (20 mm to 200 mm):1,656,000 Kgs per annum PVC (RPVC/UPVC) Pipes (19 mm to 110 mm):1,224,000 Kgs per annum PVC (RPVC/UPVC) Pipes (63 mm to 250 mm):1,728,000 Kgs per annumPlant & machinery: 260 Lakhs
Working capital: -T.C.I: Cost of Project:778 lakhs
Return: 27.00%Break even: 56.00%
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Granite Cutting and Polishing

Granite is a light coloured indigenous granular rock, grey, red & pink, white or green in colour & characterised by presence of quartz, feldspar & minor amount of mica. It is generally of three types. It is an important structural ornamental stone & because of its higher compressive strength & durability, is extensively used for massive structural work, fine grained variety of granite that takes & preserve good polish is employed for ornamental & monumental works & also for inscription purposes. The term granite is derived from the latin "granum' a grain. India is one among the leading countries in mining and export of granite and is rich in granite reserves. Geologically, the southern and eastern belts of the Nation are abundant in granite deposits. Different shades of granites are available in abundance in Tamil Nadu, Andhra Pradesh, Karnataka, Maharashtra, Assam, Bihar, Rajasthan, Odisha, Meghalaya and Madhya Pradesh. Indian Granite Stone has become the most sought-after and extensively used stone material in building construction and massive structural works throughout the world, and it is well known in the International market, not only for its elegance and aesthetic quality, but also for its durability. India is one of the leading nations in the production and export of Granite and other stones. Granite is a very hard crystalline, igneous or metamorphic rock primarily composed of feldspar, quartz and lesser amounts of dark minerals. India has vast resources of granite with about 110 varieties of different colours and textures such as black, grey, pink, multi coloured, etc. These varieties are used to produce monuments, building slabs, titles, surface plates etc. However, popular varieties are mainly found in South India. Granites are now mined in most of the Indian states for use as construction material and road metal but production of dressed granite blocks and slabs from Andhra Pradesh, Karnataka, Rajasthan and Tamil Nadu are highly priced. In India there are 43 granite processing units of which 12 are in Andhra Pradesh, 13 in Karnataka, 3 in Rajasthan, 14 in Tamil Nadu and 1 in Odisha. During the last five years exports have grown steadily by about 10% a year but this growth rate may increase even more in the near future. Thus, due to demand it is best to invest in this project. Few Indian major players are as under: • A B N Granites Ltd. • Aankit Granites Ltd. • Acropolis Granites Ltd. • Apple Granites Ltd. • Appollo Stones Ltd. • Aro Granite Inds. Ltd. • Ashok Granites Ltd. • Charminar Granites Exports Ltd. • Coromandel Granite Co. Ltd. • D S Q Granites Ltd. • Deccan Granites Ltd. • East India Granites Ltd. • Eastern Granites Ltd.
Plant capacity: Premium Granite:97,200 SQM per annum Standard Granite43,200 SQM per annum Commercial Granite:34,433 SQM per annum Sales of Local Granite:30,657 SQM per annumPlant & machinery: 878 Lakhs
Working capital: -T.C.I: Cost of Project:2147 Lakhs
Return: 28.00%Break even: 41.00%
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Bio-Plastic Bags and Containers from Corn Starch

Biodegradable plastics are mainly derived from corn, wheat and potato starch. Biodegradable plastics products are thermoplastic materials which are processed with the same machines traditionally used to process conventional plastics. Biodegradable plastic products physical and chemical properties are similar to those of traditional plastics, but it is completely biodegradable in different environments, just like pure cellulose. The demand for bio-plastics, both biodegradable and non-biodegradable, makes it one of the fastest growing thermoplastic product types globally. Global demand is expected to reach over one billion pounds by 2012. Currently, the biodegradable segment of bioplastics is the largest segment of the bioplastics category, but it is projected to be displaced by the nonbiodegradable bioplastics group of products, which may or may not be 100% derived from biomass. Bioplastic products are generally a degradable plastic in which the degradation results from the action of naturally-occurring micro-organisms such as bacteria, fungi, and algae. A biodegradable plastic product is made from normal polymer; the same used in making plastic products but at the same time it also contains newly invented biodegradable plastic additives. With increasing concerns over the use of plastics, sustainable alternatives to plastics are increasingly in demand. Biopolymers in general and bioplastics in particular, present one such sustainable alternative. Products and solutions based on bioplastics/biopolymers present exciting opportunities globally, and in India. Opportunities are present across a variety of industrial sectors that include packaging, water, beverages, insulation materials, specialty materials and more. The bioplastic containers market in India is projected to grow at a compound annual growth rate (CAGR) of 44.8% between 2009 and 2015. Although the Indian market is beset with challenges such as low awareness that are typical of emerging markets, these hindrances can be overcome by concerted efforts at promoting the long-term environmental benefits of using bioplastic. The biodegradable plastics containers market is expected to grow from USD 3.02 billion in 2018 to reach USD 6.12 billion by 2023, at a CAGR of 15.1% between 2018 and 2023. On the other hand, the global market, distribution channels and other government departments and various forces are actively promoting this new technology. In the next two to three years, the market demand for biodegradable plastic will gradually become stronger. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under: • Arihant Industries Ltd. • Baroda Polyplast Ltd. • Jain Plastics & Chemicals Ltd. • Karwa Consolidated Mktg. Ltd. • Paradise Plastics Enterprise Ltd. • Shakun Polymers Ltd.
Plant capacity: Bio Plastic Bags (Per Bag 25 gms Size):360,000 Kgs per annum Bio Plastic Containers (Per Containers 28 gms Size):640,000 Kgs per annumPlant & machinery: 546 Lakhs
Working capital: -T.C.I: Cost of Project:2546 Lakhs
Return: 33.00%Break even: 88.00%
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Potato Flakes

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

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

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

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

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

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

Medical gloves are medical safety accessories that ensure sanitary hospital conditions by limiting patients' exposure to infectious matter. They also serve to protect health professionals from disease through contact with bodily fluids. Medical gloves are disposable gloves used during medical examinations and procedures to help prevent cross-contamination between caregivers and patients. Medical gloves are made of different polymers including latex, nitrile rubber, polyvinyl chloride and neoprene; they come unpowdered, or powdered with cornstarch to lubricate the gloves, making them easier to put on the hands. An Examination gloves (patient examination) glove is a disposable device intended for medical purposes that is worn on the examiner’s hand or finger to prevent contamination between patient and examiner. They are ambidextrous Examination grade gloves, also sometimes referred to as medical gloves, were originally designed for non-surgical medical procedures, but are also used in a variety of other applications where users seek added peace of mind regarding the glove quality. Latex gloves are being used in medical industry, automobile industry and manufacturing industry including food processing. The major purpose of using these rubber gloves are to protect the hand and fingers from heat, abrasion, electric shocks, chemical attack, contamination through direct contact as in the case of medical examination gloves etc. Rubber gloves manufacturing process is not complex and the main raw material is rubber latex. Indian surgical glove market is growing at 15% while the demand for examination gloves has been rising by 20%per annum. The Global Rubber Gloves market is expected to grow at a CAGR of 8.5% between 2014 and 2022. The factors such as rising healthcare expenditure, increasing health threats and increasing hygiene awareness and healthcare regulations are driving the market growth. Foreign exchange risks, rising raw material costs and pricing competition are hampering the market growth. Demand for disposable gloves in healthcare applications in Spain is estimated to grow at a significant rate over the forecast period. The country has a comprehensive public health system that accounts for approximately 75-80% of the sector’s activity. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under: • Accent Industries Ltd. • Acknit Industries Ltd. • Asian Latex Ltd. • Casil Health Products Ltd. • Casil Health Products Ltd. • J K Ansell Pvt. Ltd. • London Rubber India Ltd. • Mega Meditex Ltd. • Sri Kannapiran Mills Ltd. • T T K Biomed Ltd.
Plant capacity: Surgical Latex Rubber Gloves (Wt. 16 gms each): 18,000,000 Pairs per annum Examination Latex Rubber Gloves (Wt. 4 gms each): 18,000,000 Pairs per annumPlant & machinery: 407 Lakhs
Working capital: -T.C.I: Cost of Project:1116 Lakhs
Return: 35.00%Break even: 40.00%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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