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

Agriculture: Project Opportunities in Goa

PROFILE:

Agriculture sector contributes one-fourth of the country’s GDP. India is the largest producer of milk, fruits, pulses, cashew nuts, coconuts and tea in world and accounts for 10 % of the world fruit production. India’s food grain production is expected to rise to 208.5 million tons by March 2006, from 204.6 million tons in 2005. Horticulture sector contributes 30 % of the agriculture GDP and accounts for 8.5 % of cultivated area. In the Global food processing industry Asia-pacific is accounting for 31.10 % of global market. India is the World’s second largest producer of food, next to China and has potential to be number one.

RESOURCES:

The major food crops in the State are rice, paddy, maize, jawar, bajra and ragi. While, main cash crops are coconut, cashew nut, arecanut, sugarcane and fruits like pineapple, mango and banana. Out of the total geographical area of 3702 sq km, the State has a rich forest cover of about 1424.46 sq km. Of this, 1224.46 sq km has been classified as Government forest (of which about 62% has been brought under Protected Areas (PA) of Wildlife Sanctuaries and National Parks) and the rest as private forests.

GOVERNMENT POLICIES:

Indian agriculture policy is aimed essentially at improving food self sufficiency and alleviating hunger through food distribution. 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 salient features of the new agricultural policy are:

•        Over 4 per cent annual growth rate aimed over next two decades.

•        Greater private sector participation through contract farming.

•        Price protection for farmers.

•        National agricultural insurance scheme to be launched.

•        Dismantling of restrictions on movement of agricultural commodities throughout the country.

•        Rational utilisation of country's water resources for optimum use of irrigation potential.

•        High priority to development of animal husbandry, poultry, dairy and aquaculture.

•        Capital inflow and assured markets for crop production.

•        Exemption from payment of capital gains tax on compulsory acquisition of agricultural land.

•        Minimise fluctuations in commodity prices.

•        Continuous monitoring of international prices.

•        Plant varieties to be protected through legislation.

•        Adequate and timely supply of quality inputs to farmers.

•        High priority to rural electrification.

•        Setting up of agro-processing units and creation of off-farm employment in rural

Fisheries and Aquaculture Sector: Project Opportunities in Goa

PROFILE:

The 'fisheries and aquaculture sector' is recognized as the sunshine sector in Indian agriculture. It stimulates growth of number of subsidiary industries and is the source of livelihood for a large section of economically backward population, especially fishermen, of the country. Fish production in India has increased more than tenfold since its independence in 1947. According to the Food and Agriculture Organization of the United Nations, fish output in India doubled between 1990 and 2010. India has 8118 Km of marine coastline, 3827 fishing villages, and 1914 traditional fish landing centres. India's fresh water resources consists of 195,210 Km of rivers and canals, 2.9 million hectares of minor and major reservoirs, 2.4 million hectares of ponds and lakes, and about 0.8 million hectares of flood plain wetlands and water bodies. As of 2010, the marine and freshwater resources offered a combined sustainable catch fishing potential of over 4 million metric tonnes of fish.

RESOURCES:

Fishing is another traditional and important economic activity of the State. Goa, being located on the west coast of India, has a coastline extending over 100 Km and inland waterways of another 250 Km, rich in marine wealth. Prawns, the valuable foreign exchange earner, mackerels, sardines, etc. are available in plenty in Goa coast. Fish is a protein rich food. It forms a chief component in the diet of about 90% of the population of Goa. Capture fisheries of Goa (India) constitute a highly productive sector. They remain one of the major sources of valuable food and employment and a net contributor in the foreign exchange earnings. As a result of this dramatic increase some marine fish stocks have started showing the sign of over-exploitation. Many small scale units based on fisheries resources like salt curing of mackerels, fish meat, fish oils, dehydration of fishes etc. are being set up under the State. The fishing activity has also given a big boost to canning, freezing and other fish processing units in the State. A couple of fish oil extraction as well as fish meal manufacturing units can also be set up in the State by utilising the rich fisheries resources.

GOVERNMENT POLICIES:

The Indian government announced NDSP as part of the economic reforms programme. The policy involved three schemes - leasing out of foreign fishing vessels to operate in the Indian EEZ, engaging foreign fishing vessels for test fishing and forming joint ventures between foreign companies and Indian companies on 49:51 equity basis in deep sea fishing, processing and marketing. Government of India started giving licenses to joint venture, lease and test fishing vessels.

Tourism: Project Opportunities in Goa

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. 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 is one of the fastest growing industries in the world. The number of tourists worldwide has been registering phenomenal growth and it is expected that this number would shortly touch 1.5 billion. Tourism contributes about 11% of the world work force and 10.2% of the global gross domestic products. The dynamic growth of this industry is evident from the fact that a new job is added to this sector every 2.5 second.

RESOURCES:

Goa is one of the most preferred places of holiday in India. It may not be the state to receive maximum number of tourists in India but the state is well known to receive international tourists on a large scale, more than probably any other state in the country. Thus, it is evident that tourism is the main source of income for the state government as well as residents who rely heavily on the tourists to boost of their trade. Notably, Goa is the state with the highest GDP in India. Agonda, Candolim, Calangute and Dona Paula are some of the Goa beaches that are most inviting. However, these are not the only beaches in the state. The beaches are known to witness a massive footfall throughout the year. Besides, the churches in the state are the living reminiscent of the Portuguese rule in the state of Goa. The beautifully adorned churches are one of the major contributors that led the state earn the sobriquet of "Pearl of the Orient".

GOVERNMENT POLICIES:

The basic Government policy would be to raise the quality of the infrastructure, which is a foundation for the sustainable growth of tourism and is crucial for accelerated benefits to the people of the state. Accordingly, Government would endeavour to provide:-

•        Encouragement to existing private initiatives through an appropriate package of fiscal and friendly taxation measures.

•        Investor friendly environment for new private initiatives through a combination of prompt processes and progressive fiscal and taxation policies.

•        Develop tourism as a non-invasive instrument of revitalization, conservation and growth.

•        A balanced tourism development as a part of the overall Area Development Strategy.

•        Public infrastructural facilities including local planning and zoning arrangements.

•        Entrust regulatory measures to ensure social, cultural and environmental sustainability.

•        Ensure that the type and scale of tourism development is compatible with the environment and social cultural milieu of the area.

•        Ensure that the local community is involved and the benefits of tourism accrue to them.

•        Ensure availability of trained manpower primarily from amongst the local pollution.

•        Undertake research, prepare Master Plans, formulate marketing strategies and organize domestic and overseas promotion and marketing jointly with the industry.

•        Ensure Regulation of Indigenous Tourism related Health Care System.

•        Measures to ensure promotion, facilitation and regulation of Tourist Trade.

Mineral and Mining: Project Opportunities in Goa

PROFILE:

A mineral is a naturally occurring solid chemical substance formed through biogeochemical processes, having characteristic chemical composition, highly ordered atomic structure, and specific physical properties. Common rocks are often made up of crystals of several kinds of minerals. There are some substances, like opal, which have the appearance of a mineral but lack any definite internal structure, are sometimes called "mineraloids". The minerals produced in India constitute one-quarter of the world's most popular mineral resources.

RESOURCES:

The State of Goa is a tiny emerald land on the west coast of the Indian Peninsula. The rich and varied mineral resources of the State have contributed handsomely towards the development and industrialization of the State. The State of Goa has an important position in the Mineral Map of the Country.  The production of iron ore accounts to about 13% of the iron ore production in India and its exports accounts to about 35% of the Country exports. The State of Goa is endowed with Mineral Resources.  Iron ore, Manganese ore, Bauxite are minerals of economic importance.  Besides there are minor minerals like Basalt, Laterite stones and rubbles, River sand, Murrum etc., which are in great demand as construction material.  This industry is labour intensive and provides work to large number of people. The Bauxite Mines are situated in South Goa over an area of 1263.678 Ha. with estimated reserves of 70 million tons. These are metallurgical grade bauxite which can also be used for various applications such as cement, alumina chemicals, etc.

GOVERNMENT POLICIES:

Strategy for mineral development and exploitation:

•        Notification for re-grant of mineral concessions.

•        Sustainable Development

•        Mine Rehabilitation

•        Simplification of Procedure

•        Environmental and ecological balance.

•        Development of Infrastructure Facilities

•        Financial Assistance

•        Value Addition and Upgradation of Minerals

•        Information Dissemination

•        Foreign Capital Investment

Waste Management and Recycling: Project Opportunities in Goa

PROFILE:

Waste utilization, recycling and reuse plays a major role in limiting resource consumption and the environmental impact of waste. Recycling is an integral part of any waste management system as it represents a key utilization alternative to reuse and energy recovery (Waste-to-Energy). Which option is ultimately chosen depends on the quality, purity and the market situation. Hazardous waste management is a new concept for most of the Asian countries including India. The lack of technical and financial resources and the regulatory control for the management of hazardous wastes in the past had led to the unscientific disposal of hazardous wastes in India, which posed serious risks to human, animal and plant life.

RESOURCES:

Goa produces around 300 tonnes of garbage, but with municipal bodies. The proliferation of plastic wastes in the urban and village environments of Goa, and the abysmally hopeless and inadequate arrangements of municipalities and authorities for the disposal of this plastic litter, are subjects which many environment NGOs and citizens have expressed anguish over right from the inception of the Goa Environment Federation (GEF). Goa receives around 2 million of domestic and international tourists per year. A tourist produces an average of 1kg of waste a day. If we calculate the waste therefore, generated by the tourism industry in Goa the figures are shocking and huge. This waste is leading to a loss of biodiversity which is linked to human activities and loss of landscape attractiveness affect a number of tourist destinations. Though a few civic bodies, including CCP, have initiated solid waste management programmes, the problem is also in coping with the huge outflow of non-biodegradable waste from tourism industry, shops and establishments and plastic-oriented packaging in a consumerist society. Around 2,000 composting units to treat wet waste have been set up at various levels, including individuals and housing colonies.

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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Heat & UV Stabilizers for PVC & Other Engineering Plastics

Heat stabilizers help preserve the polymer’s appearance, strength, elasticity, durability and performance characteristics. Heat (or thermal) stabilizers are mostly used for PVC, as unstabilized material is particularly prone to thermal degradation. These agents minimize loss of HCl, a degradation process that starts above 70 °C. Once dehydrochlorination starts, it is autocatalytic. Many diverse agents have been used including, traditionally, derivatives of heavy metals (lead, cadmium). Increasingly, metallic soaps (metal "salts" of fatty acids) are favored, species such as calcium stearate. Addition levels vary typically from 2% to 4%. The choice of the best heat stabilizer depends on its cost effectiveness in the end use application, performance specification requirements, processing technology and regulatory approvals. Heat stabilizers play a key role as an additive in the processing of PVC polymer. PVC is hard and brittle, but a relatively low-cost polymer with good chemical & biological resistance and excellent workability. However, when it is exposed to heat (> 1000C), HCl is released from the polymer backbonewhich triggers the decomposition of PVC, such as causing rapid discoloration and embrittlement. Heat stabilizers can greatly increase the heat stability by scavenging of released HCl molecules. Global heat stabilizers market was valued at USD 3.63 Billion in 2016 and is projected to reach USD 4.57 Billion by 2022, at a CAGR of 4.0% during the forecast period. In this report, 2016 is considered the base year and the forecast period is 2017 to 2022. APAC is the fastest-growing market for heat stabilizers due to the technologically advancing and emerging countries in the region demanding innovative, lightweight, renewable, and less toxic heat stabilizer products. Some of the important players competing in the market include Akcros Chemicals Ltd., Albemarle Corporation, Arkema Group, Cytec Industries Inc., Baerlocher GmbH, Ferro Corporation, and BASF SE. UV stabilizers in plastics usually act by absorbing the UV radiation preferentially, and dissipating the energy as low-level heat. The chemicals used are similar to those in sunscreen products, which protect skin from UV attack. They are used frequently in plastics, including cosmetics and films. UV stabilizers help mitigate deterioration or breakdown of the plastics in products that are primarily used outdoors. These products might include but are not limited to lawn and garden equipment, pool equipment, pool and patio furniture, automotive application including both interior such as instrument and dash panels, and exterior parts. Sunlight, hot and cold temperatures and other weather situations can cause the properties that make plastic long lasting and beautiful to break down and cause color fading. The UV Stabilizers find their major application for the packaging of food & beverages and nonfood products across all parts of the globe. The ability of the UV stabilizers to impart retention properties to the packaging material to maintain quality and durability of packaging materials on exposure to sunlight, harsh climate conditions, and long-term durability is the major factor driving the UV stabilizers market. The UV protection required for polyethylene terephthalate (PET) fibers will also be one of important end use segment within packaging sector. The key factor driving global UV stabilizers market is rising for low cost raw materials such as plastic and wooden materials requiring coating of UV stabilizers for imparting high thermal stability. The consumption of the UV Stabilizers will also be driven by usage for manufacture ring of polymer water tanks and chemical tanks that require molded product to maintain tensile strength on exposure to UV radiations for long term. In the Asia-Pacific region, growing demand of consumer goods, significant growth of regional automotive sector will be the major factors for increasing demand of the UV stabilizers. The nickel quenchers are mainly used for agricultural film applications as they offer balance between UV protection and interaction with pesticides. The UV stabilizers enhance the features of nets used in agriculture that provide protection to the plants being kept inside the green house. The growing demand of greenhouse films globally is anticipated to play key role driving the UV stabilizers market in the coming years.
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Heat Transfer Label for Rubber

Heat Transfer Labels, otherwise known as "tag-less tags", are used when customers want to promote their brand without the bulk of a traditional woven or printed label. They are applied directly onto garment, tag-free. They stretch with fabric, are soft to the touch, and are applied with a household iron or industrial heat press. These are popular in the market for their dazzling designs and add a shimmer to the apparels. These are suitable for cotton, synthetics and cotton blends (light or dark). Moreover, this method of graphic transfer is very popular in the global market for designing t-shirts and other apparels. Application: • Food and beverages • Personal care • Paint pail industry • Oil, grease and lubricant pail industry • Agriculture and seeds pail industry • Household items • Stationery for ball point pens, pencils etc. • Disposable containers and more
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HDPE Twine & Rope

It is both strong and durable, manufactured using best quality high-density polyethylene (HDPE). Besides, best known for its large strength-to-density ratio it is used for mending handmade nets, crop support, cloth lines etc. It is widely used in fishing and other general purpose. Applications: • Safety net manufacturing • Sports net manufacturing • Used for weaving • Mending fishing net • Sewing HDPE rope is used for strapping and binding packaging boxes. HDPE ropes are widely utilized for various applications like packaging, binding, producing fishing net and domestic purposes. Known for less water absorption, maximum elongation flexible and high durability. These HDPE ropes are acknowledged for excellent texture and utilized in several industries and commercial places for several purposes. The demand for plastic rope varies according to the application and size of the rope. As per the estimates of Plastic wire market research the growth rate for plastic ropes has been estimated to be 3.5% per annum. The current demand for Plastic ropes are mainly from usage in marine, fishing industries for fish netting and construction etc. In view of the growth in these industries, there is a good demand for Plastic ropes in India.
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Return: 1.00%Break even: N/A
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Zinc Brightener

These products are highly admired in the market for their attractive features. The brightener is widely used in chemical and other industries in the galvanization process. The brightener is used to coat steel and other metals to prevent those from being corrode. Apart from this, the brightener is inspected on various quality controllers to eradicate all flaws which are used in Fasteners Industry. Features: • Long shelf life • Highly pure • Free from impurities • Properly packed • Non toxic • Easy to use
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Metol

Metol is the organic compound with the formula [HOC6H4NH2 (CH3)] HSO4. It is the hydrogen sulfate (HSO4?) salt of the protonated derivative of N-methylaminophenol. This colourless salt is a popular photographic developer used in black & white photography. Metol is an excellent developing agent for most continuous tone developer applications, and it has been widely used in published developer formulas as well as commercial products.
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Plaster of Paris Board from Process of H-Acid Gypsum Waste

Plaster of Paris is a white powder obtained by heating Gypsum. Gypsum {CaSO4.2H2O} is a calcareous stone available in Gujarat, Rajasthan and many other parts of India and the world. Plaster of Paris [POP] boards are prepared on machine, adopt a similar process and due to mechanization, production rate is much faster. The POP boards are used for false ceiling, panelling and partitioning. POP boards are cheaper than most of the other boards. These are fire retardant and termite proof. Textured or half-perforated boards serve as good acoustic surface material. POP boards can be painted, laminated or veneered.
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Honey Roasted Peanut

Honey roasted peanuts are a popular Salt, Sugar and Honey flavored peanut snack, offered as a product line by several prominent nut companies such as Planters and KingNut. Honey roasted peanuts are not as healthy as peanuts in their natural state, but are still a healthy snack option. The snack contains important dietary fibers, carbohydrates, protein, fat, and vitamins and minerals. India is the second largest producer of groundnuts in the world. Indian groundnuts are available in different varieties: Bold or Runner, Java or Spanish and Red Natal. The main Groundnut varieties produced in India are Kadiri-2, Kadiri-3, BG-1, BG-2, Kuber , GAUG-1, GAUG-10, PG-1 , T-28, T-64, Chandra, Chitra, Kaushal, Parkash, Amber etc. The country has exported 504019.2 MT of groundnuts to the world for the worth of Rs. 3386.3 crores/ 524.82 USD Millions during the year 2017-18. Major Growing States: Gujarat, Andhra Pradesh, Tamil Nadu, Karnataka, Maharashtra, Rajasthan, Madhya Pradesh, Orissa, and Uttar Pradesh. It is estimated that required consumption demand of groundnut by the end by 2020 will be 14million tones in India.
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Jute Tar Felt

Tar Felt find a vast usage in waterproofing, damp-proofing of roofs, basements, and terraces. These tar felt can be availed at industry leading rates. Tar Felt is a proven waterproofing materials for application on silos, grain godowns, warehouses, wagons, trams, buses, etc. Features: • High strength • Proper seam integrity • Easy maintenance • Excellent quality • Dimensional accuracy • Smooth surface
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Gasket Shellac Compound

Gasket Shellac is a slow-drying, hard setting liquid design to coat, seal and repair most gaskets. Use it to seal metal gaskets and threaded connections. seals metal gasket and threaded connection for light duty service. It is dark brown viscous liquid which characteristics alcoholic odour. Heat and pressure tested heavy bodied adhesive unaffected by petrol, oil, grease and water. Features: • Easy to maintain • Easy to install • Durable • Long lasting • Unmatched quality • Free from defects
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Ceramic Heater Plate

Ceramic heater plates provide surface temperatures of up to 980°C (1800°F). The large, 16 mm (5/8") ID grooves permit the use of exceptionally heavy gauge heating wire for low element watt densities and high wattage per square inch of radiating surface. Used specifically to cater to the diversified industrial needs of heat generation, these products have gained wide acceptance in the market. Heater Plate is provided in a wide variety of applications from low to high voltage. This Heater Plate is used for domestic purpose available in different sizes at a good market price. These are cost efficient, energy efficient and environment friendly, which can be used in all kinds of climate. These come in different capacities and require no maintenance throughout life. Features: • Highly efficient • Fine finish
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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