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

Food & Agro Processing: Project Opportunities in Haryana

PROFILE:

Food processing is a large sector that covers activities such as agriculture, horticulture, plantation, animal husbandry’s and fisheries. India is the world's second largest producer of food and has the potential of being the biggest with the food and agricultural sector. The total food production in India is likely to double in the next ten years and there is an opportunity for large investments in food and food processing technologies, skills and equipment, especially in areas of Canning, Dairy and Food Processing, Specialty Processing, Packaging, Frozen Food/Refrigeration and Thermo Processing. Fruits & Vegetables, Fisheries, Milk & Milk Products, Meat & Poultry, Packaged/Convenience Foods, Alcoholic Beverages & Soft Drinks and Grains are important sub-sectors of the food processing industry. India is one of the major food producers of world but accounts for less than 1.5 per cent of international food trade.

 

RESOURCES:

Haryana has made a significant contribution in agricultural production in the country. Agriculture is the mainstay of more than 75 per cent population in Haryana, with contribution of 28.2 per cent in GDP of the State. Rice, wheat, jowar, bajra, maize, barley and pulses are the major crops of the State. Under the diversification of crops, more and more area is being brought under cash crops like sugarcane, cotton, oilseeds, etc. New crops like castor, groundnut, soyabean and horticulture crops (vegetables and fruits) are also being encouraged. Efforts are being made to encourage intensive and extensive farming in the State. Sustainable agriculture is being promoted through the propagation of resource conserving technologies and organic farming.

Besides, Haryana is called the land of milk, with having one of the highest productions of dairy products in the country. Haryana also ranks second in fish productivity in India. Rivers, canals and drains are the main sources for capturing fisheries in Haryana. The State has Asia's biggest agricultural University known as Chaudhry Charan Singh Haryana Agricultural University at Hisar, which has already made a significant contribution in ushering 'Green Revolution'.

 

GOVERNMENT POLICIES:

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.

•        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 areas.

 

Automobile: Project Opportunities in Haryana

PROFILE:

The automotive industry in India is one of the largest in the world and one of the fastest growing globally. India's passenger car and commercial vehicle manufacturing industry is the seventh largest in the world, with an annual production of more than 3.7 million units in 2010. Automotive industry is the key driver of any growing economy. It plays a pivotal role in country's rapid economic and industrial development. It caters to the requirement of equipment for basic industries like steel, non-ferrous metals, fertilisers, refineries, petrochemicals, shipping, textiles, plastics, glass, rubber, capital equipments, logistics, paper, cement, sugar, etc. It facilitates the improvement in various infrastructure facilities like power, rail and road transport. Due to its deep forward and backward linkages with almost every segment of the economy, the industry has a strong and positive multiplier effect and thus propels progress of a nation. The automotive industry comprises of the automobile and the auto component sectors.

RESOURCES:

Automobile manufacturing sector constitutes Haryana’s primary strength, thanks to the presence of Maruti-Suzuki, Hero-Honda, Honda Motors, Escorts which have led to the development of a large number of ancillaries in this Sector. Gurgaon-Manesar-Bawal region has  been  identified  as  an  Auto  Hub  by  the  Government  of  India.  A number of auto & auto component units have already set up base in this hub. Maruti-Suzuki has already rolled-out its one-millionth car in a year. Haryana is all set to draw huge investments in the auto sector. In the last 45 days, the Haryana government has attracted investments close to Rs 1,000 crore in the sector, giving tough competition to its arch rival Punjab.

GOVERNMENT POLICIES:

Following new initiatives are expected to provide a further boost to this industry:

i) The HSIIDC had earlier allotted 8 acres of land to Automotive Research Association of India (ARAI) in IMT Manesar, for setting up Automotive Testing Laboratory, which is being run by National Automotive Testing, R&D Infrastructure Project (NATRIP). Another site measuring 46 acres has been allotted at concessional rates in IMT Manesar. The foundation stone for this facility has been laid on the 4th of June 2010. The availability of Testing and R&D facility at this centre will facilitate further development of auto & auto components industry in the State; 

ii) It is proposed to create a railway siding facility in IMT Manesar for smooth transportation of the manufactured goods from out of the IMT area for export and across various destinations in the country;

iii) The State would encourage establishment of a Logistics Centre Facility in PPP mode or through the private sector in IMT Manesar for efficient inventory management and dispatches by the industries.

Textiles: Project Opportunities in Haryana

PROFILE:

Textile is a very important part of our life, be it the clothes we wear or the bed and furnishings that we use in our daily life. The history of textile industry is very rich and has impacted the world economy in a big way. It is one of the oldest form of craft and dates back to Neolithic age. Initially twigs, leave and branches were weaved but subsequently other natural fibres were interlaced to form cloth and fabrics.

RESOURCES:

Haryana boasts of a robust handloom tradition, especially in Panipat and an equally vibrant handicraft tradition. Panipat is a major textile town of India famous for its rugs and upholstery fabric. Traditionally women would weave durries (rugs) and khes (thick coverlets) for household use whenever they would be free from agricultural and household work. However, today theses rugs, especially the panja durries (named after a weaving method) are marketed all over the world. Thick fabrics are a speciality of Haryana, as climatic conditions do not allow the use of fine threads in normal looms. The weavers have also developed their skills using thick threads and can weave many beautiful and complicated designs.

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.

 

Power: Project Opportunities in Haryana

PROFILE:

The power industry plays a vital role in the economic development of any country. Electricity is a key driver of rapid economic growth and industrialization in the country. It is one of the critical infrastructure on which development of several economic sectors depend. India is the world's sixth largest energy consumer accounting for about 3.5% of the world's total annual energy consumption. Availability of reliable and quality power at competitive rates to Indian industry is necessary to make it globally competitive and to enable it to exploit the tremendous potential of employment generation. Over the years, Indian power industry has shown considerable growth. Foreign direct investment (FDI) up to 100 percent has been permitted through automatic route in generation, transmission and distribution segments.

 

RESOURCES:

The power industry plays a vital role in the economic development of any country. Electricity is a key driver of rapid economic growth and industrialization in the country. It is one of the critical infrastructure on which development of several economic sectors depend. India is the world's sixth largest energy consumer accounting for about 3.5% of the world's total annual energy consumption. Availability of reliable and quality power at competitive rates to Indian industry is necessary to make it globally competitive and to enable it to exploit the tremendous potential of employment generation. Over the years, Indian power industry has shown considerable growth. Foreign direct investment (FDI) up to 100 percent has been permitted through automatic route in generation, transmission and distribution segments.

 

GOVERNMENT POLICIES:

The Government of India has modified the Mega Power Policy to smoothen the procedures further.  The modified Mega Power Policy is as follows:

(i) The power projects with the following threshold capacity shall be eligible for the benefit of mega power policy:

(a) A thermal power plant of capacity 1000 MW or more; or

(b) A thermal power plant of capacity of 700 MW or more located in the States of J&K, Sikkim, Arunachal Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland and Tripura or

(c) A hydel power plant of capacity of 500 MW or more

(d) A hydel power plant of a capacity of 350 MW or more, located in the States of J&K, Sikkim, Arunachal Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland and Tripura; 

(e) Government has decided to extend mega policy benefits to brownfield (expansion) projects also. In case of   brownfield (expansion) phase of the existing mega project, size of the expansion unit(s) would not be not less than that provided in the earlier phase of the project granted mega power project certificate. 

 

Tourism: Project Opportunities in Haryana

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:

The state of Haryana is blessed with the bounty of nature. 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.

The state of Haryana houses several Sikh Gurdwaras that represents the secular tradition of the people of the state. Apart from performing the religious duties, the Gurdwaras also engage in several social activities. Representing the variant cultural tradition of the state, Haryana has many Muslim "Shrines" that attracts. The Muslim Shrines are noted for their architectural styles. Haryana houses several "Churches" that adds to the diversity of the state. The ceilings of the Church are ornamented with beautiful designs and the walls are adorned with paintings which reflect the artistic imagination of the past golden era.

The state boasts of several places of Pilgrims which have a significant religious and historical importance. The historical place of Kurukshetra, Jyotisar, Thaneshwar, Pehowa and Panchkula reminds one of the rich historical past of our country. The state of Haryana boasts of the rich bio- diversity of the regions which is manifested through the vast reserve of the rare and endangered species of birds in the famous wild life sanctuary of the Sultanpur Bird Sanctuary. Haryana also has several "forts" that adds to the historicity of the state. The strategic location of Haryana was guarded by the construction of huge Forts.

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”.

 

E-Waste Management: Project Opportunities in Haryana

PROFILE:

E-waste is a popular, informal name for electronic products nearing the end of their useful life. E-wastes are considered dangerous, as certain components of some electronic products contain materials that are hazardous, depending on their condition and density. The hazardous content of these materials pose a threat to human health and environment. Discarded computers, televisions, VCRs, stereos, copiers, fax machines, electric lamps, cell phones, audio equipment and batteries if improperly disposed can leach lead and other substances into soil and groundwater. Many of these products can be reused, refurbished, or recycled in an environmentally sound manner so that they are less harmful to the ecosystem. This paper highlights the hazards of e-wastes, the need for its appropriate management and options that can be implemented.

 

RESOURCES:

Gurgaon known for being the home to over two hundred Fortune 500 companies and a hub of BPOs, Gurgaon is also the biggest producer of e-waste. A recent study revealed that Gurgaon generates about 8,000 metric tonnes (MT) of e-waste every year, the highest in the country. The groundwater in Gurgaon is contaminated with lead and heavy metals because of the unregulated disposal of e-waste and other solid and liquid waste, says the study.

Haryana, in fact, is still to implement its e-waste policy even after the Central Pollution Control Board notified it long back. The e-waste was growing at the pace of 20 per cent annually in India. It was going up in Delhi region, that includes Gurgaon, at the phenomenal rate of more than 40 per cent, it said. It is estimated that the Delhi region would produce about six lakh metric tons of e-waste annually and would continue to be the highest e-waste producer with Gurgaon contributing to it in a major way.

With the increasing use of computers in households, purchase of mobile phones and television sets, e-waste in Delhi region, including Gurgaon, is going to go up phenomenally, the study says. The study has revealed that IT companies in Gurgaon dispose off about 40,000 computers every year while the country’s figure is 20 lakh computers annually.

Haryana is still to introduce e-waste policy in the state. Unregulated disposal of e-waste has resulted in groundwater contamination in Gurgaon. Haryana government on e-waste disposal, the BPOs and other IT companies are taking initiatives on their own.

GOVERNMENT POLICIES:

A comprehensive law that provides e-waste regulation and management and proper disposal of hazardous wastes is required. Such a law should empower the agency to control, supervise and regulate the relevant activities of government departments. Under this law, the agency concerned should collect basic information on the materials from manufacturers, processors and importers and to maintain an inventory of these materials. The information should include toxicity and potential harmful effects.

•        Identify potentially harmful substances and require the industry to test them for adverse health and environmental effects.

•        Control risks from manufacture, processing, distribution, use and disposal of electronic wastes.

•        Encourage beneficial reuse of e-waste and encouraging business activities that use waste. Set up programs so as to promote recycling among citizens and businesses.

•        Educate e-waste generators on reuse/recycling options

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Laminated Tube (Multilayer)

The Multilayer Laminated Tubes (lamitube) made from laminates with aluminium foil barrier combine the excellent barrier advantages of traditional metal tubes & the attractive visual and tactile feel of the plastic tubes. Laminate tubes uses the most modern technology to produce a tube with the industry’s most aesthetic minimal seam, providing maximum space for graphics and brand decoration. Laminate material virtually prevents transfer of light, air and moisture. Montebello also offers a wide variety of graphics and an assortment of sizes and styles. Laminated tubes offer products a competitive edge in the market and are used across the globe for packaging in personal care, food, pharma and industrial applications. The oral care industry by itself contributes to almost 70% of the total production of laminated tubes, while an increasing number of them are being used in the cosmetics sector. An increasing adoption of laminated tubes in oral care, in the form of packaging for toothpastes and mouth wash gels has catapulted the oral care segment by end use to the top position in terms of market share in the global laminated tubes market. The oral care segment will hold more than 45% market value share throughout the duration of the forecast period, witnessing an impressive rise of 120 basis points in market share in 2027 over 2017. The oral care segment is estimated to reach a market valuation of US$ 1,371.3 Mn by the end of 2027, up from US$ 385.9 Mn by 2017 end, registering a CAGR of 13.5% in terms of value during the forecast period. The oral care segment will create an incremental $ opportunity of US$ 985.5 Mn during the period of forecast. The cosmetics and personal care market is surging ahead with superfast growth in the Latin America, APEJ, and MEA regions owing to increasing consumer demand for skin care and hair care products. The cosmetics segment in the Latin America laminated tubes market is estimated to touch a value of US$ 41.6 Mn by the end of 2027, exhibiting a CAGR of 12.2%. While in the APEJ laminated tubes market, the cosmetics segment will reach a market value of US$ 133.1 Mn by the end of 2027, recording a CAGR of 17.4% in terms of value over the forecast period.
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Electrical Lamp

An electric lamp is a conventional light emitting component used in different circuits, mainly for lighting and indicating purposes. The construction of lamp is quite simple, it has one filament surrounding which, a transparent glass made spherical cover is provided. The filament of the lamp is mainly made of tungsten as it has high melting point temperature. The global lamps market is expected to expand at a modest CAGR from 2015 to 2023. It is estimated that lighting consumes a significant portion of energy production. The growing demand from rural areas on account of initiatives taken by governments across regions is expected to boost the global lamps market. The global lamps market is highly fragmented with numerous companies launching their products of varying sizes. Aggressive marketing strategies are used by these players so as to occupy a strong position in the market. The increasing number of players in the market is also intensifying competition. Players in the market are also participating in mergers, collaborations, and partnerships to increase their global presence.
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Copper Foil

Copper foil is a sheet of copper that is usually only a few micrometer in thickness. Copper foils are commonly used as a conductor in printed circuit boards (PCBs) and flexible connectors. Copper has high electric conductivity and is also ductile and malleable. This makes it one of the widely used metals in the emerging electric & electronics industry. This, in turn, is expected to drive the copper foils market in the next few years with a lot of demand estimated from Asia Pacific. Key players in the copper foils market are Targray Technology International Inc., K. L. Laminate’s d.o.o., JX Nippon, China-Kinwa High Technology Co., Ltd., Furukawa Electric Co., Ltd., Kingboard Copper Foil Holdings Limited, Chang Chun Petrochemical Co., Ltd., Hubei Creatwell Co., Ltd., Chinalco Shanghai Copper Co. Ltd., and Oak-Mitsui.
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Lecithin from Sunflower Oil

Lecithin is a generic term to designate any group of yellow-brownish fatty substances occurring in animal and plant tissues, which are amphiphilic – they attract both water and fatty substances (and so are both hydrophilic and lipophilic), and are used for smoothing food textures, dissolving powders (emulsifying), homogenizing liquid mixtures, and repelling sticking materials. They also provide texture to many foods and increase their shelf life. Lecithin has the ability to bind water and fat sources, making it a great additive to many desserts, chocolates, salad dressings, meats, and cooking oils. The global lecithin market is expected to register a CAGR of 5.2% during the forecasted period. Lecithin is used in the food industry for smoothing food textures, dissolving powders, homogenizing liquid mixtures, and repelling sticking materials. The global lecithin market is segmented by source type into - egg, soy, sunflower, and others. Soy comprises the largest category with easy availability and consumers perceiving soy based foods as healthier. Sunflower based lecithin is also gaining popularity with plant and seed based lecithin being the fastest growing segment.
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Thermocouple

Thermocouple is an electrical device consisting of two dissimilar electrical conductors forming electrical junctions at differing temperatures. A thermocouple produces a temperature-dependent voltage as a result of the thermoelectric effect, and this voltage can be interpreted to measure temperature. Thermocouples are a widely used type of temperature sensor. Commercial thermocouples are inexpensive, interchangeable, are supplied with standard connectors, and can measure a wide range of temperatures. A Thermocouple is a sensor used to measure temperature. Thermocouples consist of two wire legs made from different metals. The wires legs are welded together at one end, creating a junction. This junction is where the temperature is measured. When the junction experiences a change in temperature, a voltage is created. The voltage can then be interpreted using thermocouple reference tables to calculate the temperature.
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Turmeric Plantation

Turmeric, known as haldi in Hindi, is a popular and sacred spice from India. It is nicknamed as ‘Indian Solid Gold’ and ‘Indian Saffron’ owing to its golden yellow color. It has profound significance as a condiment, dyeing agent, flavoring agent and even as a medicine. It is an inseparable ingredient in Asian cuisine especially in Indian curry preparations. Owing to the increasing demand of pure, organic food products, turmeric is an important food coloring agent. Turmeric is the dried rhizome of Curcuma longa, an herbaceous plant. The rhizome has 1.8-5.4% curcumin, the pigment and 2.5-7.2% of essential oil. It is used as an important condiment and as a dye with varied applications in drug and cosmetic industries. In India, Andhra Pradesh is the leading state followed by Maharashtra, Tamil Nadu, Orissa, Kerala and Bihar. Turmeric production in India is about 78% of total production in the world. Turmeric can be grown as a monocrop or with other plantation crops as intercrop. Turmeric has been India’s golden spice for the past five centuries. It is one of those few Indian products having both commercials as well as mythological significance. Turmeric is used not only in the culinary item but also as cosmetics in almost every Indian household. Turmeric has been used in Asia for thousands of years and is a major part of Ayurveda, unman, and traditional Chinese medicine. Turmeric market is segmented on the basis of its application and form. In the context of healthcare segment, turmeric has application to combat health issues related to digestion, liver, cancer, cholesterol, osteoarthritis and many other health disorders. Another application of turmeric is in cosmetic industry where it is used as an herbal product in skin and body care products. Further, the market of food type can be segmented in terms of using the turmeric for different purposes such as taste enhancer, ingredients, and coloring purpose and in terms of beverage; it is used in tea, juices, and canned beverages. The global turmeric market is expected to reach a market valuation of a little more than US$ 5,650 Mn by the end of 2027, expanding at a CAGR of 5.5% over the forecast period. In terms of volume, the consumption of turmeric is estimated to be 1,049,490.5 MT by 2017 end, and is forecast to reach 1,696,519.8 MT by 2027 end, expanding at a CAGR of 4.9% during the forecast period.
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Polycarbonate (Dry Process)

Polycarbonates (PC) are a group of thermoplastic polymers containing carbonate groups in their chemical structures. Polycarbonates used in engineering are strong, tough materials, and some grades are optically transparent. They are easily worked, molded, and thermoformed. Because of these properties, polycarbonates find many applications. In the plastics industry, polycarbonate sheet is one of the most versatile materials on the market. Used for everything from medical equipment to food processing, polycarbonate has a number of specific benefits that cause them to be a favorite among builders and product manufacturers. Polycarbonate is a transparent thermoplastic with stable dimensions which allow excellent kind of impact resistance. High-performance properties of this plastic polymer make it a leading plastic material for a number of applications. Polycarbonates are high-performing thermoplastics which are highly suitable in building and construction applications. Polycarbonate material possesses properties, such as lightweight, high optical clarity, durability, excellent thermal stability, high-impact and high-heat resistance, high transparency, cold formability, and also possess excellent flammability resistance, making it one of the most used plastic types in construction applications. Polycarbonate accounts for a substantial share of the global plastic materials market and its dominance is likely to increase during the forecast period. This can mainly be attributed to the high growth in demand from major end-use industries such as automotive, electronics, and consumer goods. The wide scope of applications for polycarbonate in various flourishing end-use industries such as medical devices, packaging, and construction is fueling the growth of the market. Asia-Pacific has the highest share in the market, accounting for approximately 59% of the global market share in 2017. An increase in the income of the middle-class population has resulted in an increase in the demand for electronic components and automobiles in Asia-Pacific, in turn, making the region an area of immense potential and opportunities for the polycarbonate market. The Global Polycarbonate Market is expected to register a CAGR of 5.39% during the forecast period (2018-2023). In 2017, Asia-Pacific accounted for the largest market, by region with approximately 59% of the global market share. The electrical & electronics segment dominates the global polycarbonate market with an approximate 46% global market share in 2017, and it is also estimated to register the fastest CAGR through the forecast period. The wide scope of applications for polycarbonate in various flourishing end-use industries such as medical devices, packaging, and construction is fueling the growth of the market. Globally, polycarbonate material is used in a wide range of structural, aesthetic, and safety applications, especially in the automotive industry. This material lends itself to innovation in automotive parts and other internal components such as glazing, front-end body panels, and bumper fascia. Moreover, in the electrical and electronics industry, Flame retardant and better di-electric properties have led to the use of polycarbonate in a vast number of consumer electronics. This is expected to drive the growth of the market during the forecast period. However, volatile raw materials prices are anticipated to limit growth during the forecast period.
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Phthalic Anhydride

Phthalic anhydride is the organic compound with the formula C6H4 (CO) 2O. It is the anhydride of phthalic acid. Phthalic anhydride is a principal commercial form of phthalic acid. It was the first anhydride of a dicarboxylic acid to be used commercially. This colourless solid is an important industrial chemical, especially for the large-scale production of plasticizers for plastics. In 2000, the worldwide production volume was estimated to be about 3 million tonnes per year. Phthalic anhydride (PA) is a white crystalline compound used to manufacture plasticizers, pigments, dyes and resins. One major consumer of PA is the phthalate plasticiser industry, the products of which are used to produce flexible plastic products such as wire & cable applications, hoses, pipes, coated fabrics, roofing membranes and swimming pool liners. The global phthalic anhydride market is expected to witness a CAGR of 4.27% owing to an increase in the utilization of plasticizers, which is used in the production of polyvinyl chloride in the Asia-Pacific region. The growing demand for glass fiber reinforced plastics in various industries is also likely to stimulate the phthalic anhydride market during the forecast period. Asia-Pacific is leading in the consumption of phthalic anhydride and is likely to continue its position due to increasing construction and automotive manufacturing activities in the region. The developing countries in this region will drive the demand for the market as the demand for buildings catering to education, healthcare, and social infrastructure is increasing. Some of the major players operating in the global phthalic anhydride market are BASF SE (Germany), Hongxin Chemical (China), NAN YA PLASTICS CORPORATION (Taiwan), ExxonMobil Corporation (U.S.), AEKYUNG PETROCHEMICAL Co., Ltd (Republic of Korea), I G Petrochemicals Limited (India), Polynt SPA (Italy), Koppers Inc. (U.S.), Mitsubishi Gas Chemicals Co. Inc. (Japan), and UPC Group (Taiwan).
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D.O.P.(Di-Octylphthalate)

Bis (2-ethylhexyl) phthalate (di-2-ethylhexyl phthalate, diethylhexyl phthalate, DEHP; dioctyl phthalate, DOP) is an organic compound with the formula C6H4 (CO2C8H17)2. DEHP is the most common member of the class of phthalates, which are used as plasticizers. It is the diester of phthalic acid and the branched-chain 2-ethylhexanol. This colorless viscous liquid is soluble in oil, but not in water. Dioctyl Phthalate (DOP) is the most common of the class of plasticizers. It is the diester of phthalic acid and the branched-chain 2-ethylhexanol. It’s a colorless, viscous liquid is soluble in oil, but not in water. The global dioctyl phthalate (DOP) Plasticizer market is anticipated to witness a higher CAGR in the forecast period. Dioctyl Phthalate (DOP) plasticizer market is driven by significant demand from end-use industries coupled with rising demand from consumer goods & film and sheet industry. In addition, rising demand from emerging economies for its cost-effectiveness is likely to fuel the market demand in these regions.
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Return: 1.00%Break even: N/A
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Non Stick Cookwares

Non-stick is the surface which is coated with a synthetic polymer called Polytetrafluoroethylene (PTFE) or with ceramic, anodized aluminum, enameled iron which decreases the ability of other materials to stick to it. The term Teflon coating has become synonymous with Non-stick coating in the market. The growing emphasis on cookware aesthetics and functionality is one of the major trends being witnessed in the global cookware market 2019-2023. The growing customer demand for highly functional and ergonomic cookware products is attributable to the increasing awareness of cookware designs and aesthetics. The global non-stick cookware market witnesses moderate competition. However, in response to the rising demand worldwide, the competition prevailing in the market is likely to intensify further in the coming years. Besides innovating designs and directing efforts to offer more durable products, the market players are experimenting with diverse strategies to emerge at the market’s fore. The global nonstick cookware market is likely to reach US$23.03 bn by the end of 2025. Between 2017 and 2025, the market is forecast to exhibit a CAGR of 4.1%. Regionally, Europe held dominance in the global nonstick cookware market, trailed by Asia pacific. The market for non-stick cookware in India is a fast growing one. The demand is being fuelled by several aspects. Broadly these are increasing health consciousness, a fast-paced lifestyle and need for convenience. The increased purchasing power particularly that of double income households is enabling the adoption of non-stick cookware. Non-stick cookware has also become a symbol of an evolved kitchen. More and more people are opting to use this attractive addition to one’s kitchen. Currently the demand from domestic and export markets for pressure cookers and non-stick cookware growing at 20-25% year-on-year.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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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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