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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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Plastic Waste Recycling Plant

Waste is now a global problem, and one that must be addressed in order to solve the world's resource and energy challenges. Plastics are made from limited resources such as petroleum, and huge advances are being made in the development of technologies to recycle plastic waste among other resources. Mechanical recycling methods to make plastic products and feedstock recycling methods that use plastic as a raw material in the chemical industry have been widely adopted, and awareness has also grown recently of the importance of Thermal recycling as a means of using plastics as an energy source to conserve petroleum resources. Plastic, in many applications, can do a better job at a lower cost than other materials. Each plastic should be selected on the basis of its properties. Thus, each plastic is not an answer to all problems. Here in this project report we have considered Ten Plastic materials, out of that major four plastic materials have LDPE, HDPE, PP, Pet bottles and Derlin. Industrial applications like various components for Textiles, Transport Containers, Storage Containers, Bottle crates, Galvanized components for Automobiles and plumbing, woven sacks for packing a variety of products like fertilizers, powdered chemicals, pesticides, etc. sheet lining of Tanks/Vessels for chemicals. Plastic recycling refers to a process that is performed either mechanically or chemically to recover plastic waste from discarded items for production of reusable plastic. The global plastic recycling market has been gaining a steady momentum over the past few years due to the growing awareness about carbon emissions and the need to reduce them. Citing this reason, the report states that the global plastic recycling market, which was valued at US$31.5 bn in 2015 is expected to reach a figure of US$56.8 Bn by 2024. During the forecast period of 2016 and 2024, the global market is expected to progress at a CAGR of 6.9%. The market is witnessing growth due to a growing preference for recycled plastics over virgin plastics as a result of severe pollution caused by the disposal of used plastics in oceans and the scarcity of landfill areas in many countries. Factors such as increasing use of recycled plastics in many new applications in the packaging, automotive and the electrical & electronics industry and many favorable initiatives promoting the use of recycled plastics worldwide offer lucrative opportunities for the growth of the recycled plastics market. Higher cost of recycled plastics. Stringent competition with virgin plastics in terms of performance is a major factor restraining the growth of the market. The ban on import of certain waste plastic scraps to China and irregular collection of the waste plastics for its reprocessing are some of the factors challenging the growth of the global recycled plastics market globally. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Garden Polymers Pvt. Ltd. Himalayan Packaging Inds. Pvt. Ltd. Kkalpana Industries (India) Ltd. South Asian Petrochem Ltd. Renaissance Corporation Ltd. Jain Plastics & Chemicals Ltd
Plant capacity: Recycled PP Granules: 578 Kgs / Day Recycled LDPE Granules : 720 Kgs / Day Recycled HDPE Granules: 727 Kgs / Day Recycled Delrin Granules: 475 Kgs / Day Recycled PET Granules: 2,500 Kgs / DayPlant & machinery: Rs 144 lakhs
Working capital: -T.C.I: Cost of Project : Rs 380 lakhs
Return: 26.00%Break even: 68.00%
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Herbal Toothpaste

Toothpaste is a paste or gel to be used with a toothbrush to maintain and improve oral health and aesthetics. Since their introduction several thousand years ago, toothpaste formulations have evolved considerably - from suspensions of crushed egg shells or ashes to complex formulations with often more than 20 ingredients. Among these can be compounds to combat dental caries, gum disease, malodor, calculus, erosion and dentin hypersensitivity. Global Herbal Toothpaste Market 2020 is on track to obtain a growth rate of 5.22% between 2019 and 2024. The global herbal toothpaste market has been segmented based on pack size, distribution channel, and region. The global market has been classified, based on pack size, as 25gm, 50 gm, 100gm, and others. The global market has been segmented, based on distribution channel, store-based, and non-store-based. The store-based segment has been further bifurcated into supermarkets & hypermarkets, convenience stores, and others. However, the herbal toothpaste market may benefit from the tariff wars imminent as a result of the Covid-19 crisis, as countries may aim to reduce imports of chemical-based toothpastes that China has taken a lead in, thereby boosting the herbal toothpaste market. The growing intake of tobacco and its rising negative impact on the oral health has driven the sale of easy to go and convenient oral care herbal products worldwide. Renowned firms in the market are taking up several initiatives to promote the sales of herbal toothpastes by spreading awareness about the benefits of these products. They are trying to convince consumers about the high effectiveness of herbal toothpastes in maintaining oral health and dental hygiene. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Colgate-Palmolive (India) Ltd. Dabur India Ltd. Herbalife International India Pvt. Ltd. Organic India Pvt. Ltd. Vicco Products (Bombay) Pvt. Ltd. Patanjali Ayurved Ltd.
Plant capacity: Herbal Toothpaste 30 gms Size Tubes: 32,000 Tubes / Day Herbal Toothpaste 80 gms Size Tubes: 12,000 Tubes / DayPlant & machinery: Rs 83 lakhs
Working capital: -T.C.I: Cost of Project : Rs 812 lakhs
Return: 34.00%Break even: 40.00%
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Aluminum Ingots from Aluminum Scrap with Dross Processing

Aluminium is a chemical element. It is a silvery white, soft, ductile metal. Aluminium is the third most abundant element (after oxygen and silicon), and the most abundant metal, in the Earth's crust. It makes up about 8% by weight of the Earth's solid surface. Aluminium metal is so chemically reactive that native specimens are rare and limited to extreme reducing environments. Instead, it is found combined in over 270 different minerals. Aluminium is remarkable for the metal's low density and for its ability to resist corrosion due to the phenomenon of passivation. Structural components made from aluminium and its alloys are vital to the aerospace industry and are important in other areas of transportation and structural materials. Indian aluminium industry is on a strong growth trajectory. Piggybacking buoyancy in the power and automotive sectors, the light metal used in appliances to aerospace, grew at a CAGR (compounded annual growth rate) of eight per cent during 2011-16. The same uptrend is expected to continue till 2020. The ‘Make in India’ drive will provide a further boost to the demand catapulting it to a level of five million tonnes (mt) by 2020 and eight mt by 2025 from the current 3.2 mt. India’s building and construction sector is another sector where aluminium will find enhanced application. In a bid to adhere to international sustainability standards, more of aluminium construction systems will be used for upcoming housing projects. Further, the defense sector of the country is opening up a gamut of opportunities for aluminium, which is used in defiance equipment like ammunition hardware, military aircraft, and missiles in the form of rolled sheets, extrusions and forgings. Rise in infrastructure development and automotive production are encouraging development in the metals and mining sector in India. India has vast mineral potential with mining leases granted for longer durations of 20 to 30 years. India produces 95 minerals– 4 fuel-related minerals, 10 metallic minerals, 23 non-metallic minerals, 3 atomic minerals and 55 minor minerals (including building and other minerals). The metal industry is a crucial sector in the Indian economy as it meets the requirements of a wide range of industries including engineering, electrical and electronics, infrastructure, automobile and automobile components, packaging etc. The metal industry comprises of two major segments: ferrous metals and non-ferrous metals. Ferrous metals primarily consist of iron and different varieties of steel. Non-ferrous metals, which include aluminium, copper, zinc, lead, nickel and tin, are used to make alloys, castings, forgings, extrusions, wires, cables and pipes. India has nearly 10% of the world’s bauxite reserves and a growing aluminium sector that leverages this. Demand in the domestic market is expected to raise by 8-10%. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Baheti Metal & Ferro Alloys Ltd. Bothra Metals & Alloys Ltd. Gravita India Ltd. Indo Alusys Inds. Ltd. Nealex Alloys Pvt. Ltd. Shree Balaji Alumnicast Pvt. Ltd. Sree Sumangala Metals & Inds. Pvt. Ltd.
Plant capacity: Aluminium Ingots: 12.5 MT / DayPlant & machinery: Rs 301 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1057 lakhs
Return: 27.00%Break even: 53.00%
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Herbal Health Drink

A drink (or beverage) is a liquid intended for human consumption. In addition to their basic function of satisfying thirst, drinks play important roles in human culture. Common types of drinks include plain drinking water, milk, etc. The Herbal Health Drink is a blend of juices extracted from freshly procured with quality herbs. The Drink is waterless, preservative less, without the use of artificial flavors. The combined goodness of the ingredients helps in keeping the energy levels high apart from helping in unblocking heart arteries, controlling high blood pressure, bad cholesterol, arthritis, cough & cold, constipation. Apple Cider Vinegar may help to restore the low acidic levels in stomach, thus improving digestion. It also helps in reducing acidity and bloating. The soft drinks industry, which is launching energy drinks, has to address the issues and concerns raised by WHO and other agencies. Otherwise the industry might face many challenges and hurdles. With huge investments coming from cola giants in the coming years, the Indian energy drinks market can witness launch of natural healthy nutrition drinks in the coming years. Global Herbal Tea Market is expected to register a CAGR of 4.94% to reach USD 4,226.9 Million by 2025. Herbal teas or tisanes are caffeine-free and do not use the leaves of the Camellia silences plant. Tisanes are made using a mixture of dried leaves, seeds, grasses, nuts, barks, fruits, flowers, or other botanical elements that provide taste and various health benefits. The global herbal tea market has been largely benefited by the high demand for functional beverages and the launch of new and innovative flavors. Several tea producers are entering the food & beverage industry, which is contributing to the growth of the herbal tea market across the globe. Furthermore, the market players are expected to witness growth opportunities due to the rising demand for organic products due to health concerns caused by chemical additives present in conventional products. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Aayush Food & Herbs Ltd. Apeejay Tea Ltd. Dabur India Ltd. Danone (India) Pvt. Ltd. Dumex Ltd. Herbalife International India Pvt. Ltd. Organic India Pvt. Ltd. Patanjali Ayurved Ltd.
Plant capacity: Herbal Health Drink 200 ml Size Bottle : 30,000 Bottles / Day Herbal Health Drink 500 ml Size Bottle : 12,000 Bottles / DayPlant & machinery: Rs 27 lakhs
Working capital: -T.C.I: Cost of Project: Rs 328 lakhs
Return: 28.00%Break even: 52.00%
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Plastic Pyrolysis (Waste Plastic to Oil Conversion)

During pyrolysis, plastic polymers are thermally degraded by heating them in the absence of oxygen. The main products of the pyrolysis process are liquid and gaseous, producing only a small amount of solid. The pyrolysis process is one of the most promising technologies in the conversion of waste plastics into high quality oil. The quantity and quality of the pyrolysis products depend on the waste plastics composition and the process parameters (temperature, residence time, catalyst, etc.) Waste plastic pyrolysis in liquid fuel (gasoline, diesel oil, etc.) or chemical raw materials not only can effectively solve the problem of white pollution, but also can alleviate the energy shortage to a certain extent. Recycling of waste plastics is expected to become the most effective way. Waste plastics’ recycling, regenerating, and utilizing have become a hot spot of research and gradually formed a new industry. Plastic has created a worldwide epidemic of increased waste disposal issues in key economies and developing countries. Thus, the implementation of stringent regulations has compelled market players in the recycled plastic and plastic waste to oil market to devise environmental-friendly strategies to convert plastic waste into useful fuel. The global plastic waste to oil market is expected to increase from ~US$ 45 Mn in 2019 to ~US$ 100 Mn by 2027. Plastic waste to oil can be defined as a technology that is used to convert non-recycled plastic into synthetic crude oil and other value-added petroleum products such as diesel, gasoline, naphtha, and fuel oil. This is an advanced waste conversion technology that is considered complementary to the existing plastic recycling technology. Plastic waste to oil technology has high potential, as landfill-bound plastics can be used as a resource to develop a valuable alternative fuel source. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Chevron Phillips Chemicals India Pvt. Ltd. Dream Green Petro-Chem Pvt. Ltd. M K Aromatics Ltd.
Plant capacity: Pyrolysis Oil: 5 MT / Day Carbon (by product): 1.67 MT / Day Gas (by product): 1 MT / DayPlant & machinery: Rs 92 lakhs
Working capital: -T.C.I: Cost of Project : Rs 312 lakhs
Return: 27.00%Break even: 58.00%
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Carbon Fibre

Carbon fibers are usually combined with other materials to form a composite. When combined with a plastic resin and wound or molded it forms carbon fiber reinforced polymer (often referred to as carbon fiber) which has a very high strength-to-weight ratio, and is extremely rigid although somewhat brittle. However, carbon fibers are also composited with other materials, such as with graphite to form carbon-carbon composites, which have a very high heat tolerance. Carbon fibers are, by far, the most widely used fiber in high-performance applications. This important technology has huge potential for the future and it is expected to have a significant impact in the manufacturing industry within India and, therefore, coordination and strategic road mapping actions are required. Composites have been widely used across industries like aerospace, wind energy, automotive, industrial, marine, oil and gas. Advanced carbon fiber composites are comparatively more expensive than metals. The choice of composites is tradeoff between cost and performance. As a result, carbon composites have made their impact in high performance vehicles, such as, jet fighters, space craft, racing cars, racing yachts and exotic sports cars. The values of global carbon fibre sales in these areas ($2.034 billion) do not, however, correspond to the volumes of carbon fibre used in the various application areas. The report adds that aerospace and defiance, for example, uses only 18% of the total quantity of carbon fibre but accounts for around 40% of the value of global sales. This sector consumed 15,000 tonnes of carbon fibres in 2012 and could reach 23,000 tonnes in 2016 and 37,000 tonnes in 2020. These figures are however less optimistic that those that were forecast by the specialists in previous years. Indeed, even if the pressure to use renewable energies is high and if legislation is increasingly restrictive, the policies of the public authorities in terms of subsidies and development strategies (offshore wind farms, etc.) can have a decisive influence on the market for composites. The carbon fiber market is projected to grow from USD 4.7 billion in 2019 to USD 13.3 billion by 2029, at a CAGR of 11.0% between 2019 and 2029. The market is growing due to its increasing demand from aerospace & defense, automotive, and wind energy industries. Entrepreneurs who invest in this project will be successful.
Plant capacity: Carbon Fibre: 1,000 Kgs / DayPlant & machinery: Rs 194 lakhs
Working capital: -T.C.I: Cost of Project : Rs 623 lakhs
Return: 27.00%Break even: 63.00%
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CARBON BLACK (Furnace Black Process)

Carbon black is virtually pure elemental carbon in the form of colloidal particles that are produced by incomplete combustion or thermal decomposition of gaseous or liquid hydrocarbons under controlled conditions. Its physical appearance is that of a black, finely divided pellet or powder. Its use in tyres, rubber and plastic products, printing inks and coatings is related to properties of specific surface area, particle size and structure, conductivity and color. Carbon black is also in the top 50 industrial chemicals manufactured worldwide, based on annual tonnage. Current worldwide production is about 8.1 million metric tons. Approximately 90% of carbon black is used in rubber applications, 9% as a pigment, and the remaining 1% as an essential ingredient in hundreds of diverse applications. Global consumption is forecast to maintain a CAGR (compound annual growth rate) of 5.6% between 2016 and 2022, reaching 19.2 million metric tons, valued at US$20.4 billion, by 2022. The most common use (70%) of carbon black is as a pigment and reinforcing phase in automobile tyres. Carbon black also helps conduct heat away from the tread and belt area of the tyre, reducing thermal damage and increasing tyre life. About 20% of world production goes into belts, hoses, and other non-tyre rubber goods. The balance is mainly used as a pigment in inks, coatings and plastics. The demand for carbon black in India stood at 984.63 thousand tonnes in 2018 and is projected to grow at a CAGR of 5.82% during 2019-2030 to reach 1853.84 thousand tonnes by 2030. Growth in the Indian packaging industry has increased the demand for carbon black in food packaging, industrial film, lamination and carrier bags and high-quality protective packaging applications. Furthermore, the Indian government’s mission to make India a 100% electric vehicle nation by 2030 under the new National Electric Mobility Mission Plan is expected to push the demand for automobiles in the coming years. This demand in turn would aid growth in ancillary industries such as tire industry, which use carbon black as their primary raw material. Moreover, the demand for industrial rubber such as in conveyor belts and hoses is anticipated to positively influence the demand for carbon black in India during 2019-2030. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Birla Carbon India Pvt. Ltd. Cabot India Ltd. Continental Carbon India Ltd. Mitsubishi Chemical India Pvt. Ltd. Murablack India Ltd. Goodluck Carbon Pvt. Ltd.
Plant capacity: Carbon Black: 33.3 MT / DayPlant & machinery: Rs 426 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1722 lakhs
Return: 27.00%Break even: 50.00%
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Toothpaste

Toothpaste is a paste or gel to be used with a toothbrush to maintain and improve oral health and aesthetics. Since their introduction several thousand years ago, toothpaste formulations have evolved considerably - from suspensions of crushed egg shells or ashes to complex formulations with often more than 20 ingredients. Among these can be compounds to combat dental caries, gum disease, malodor, calculus, erosion and dentin hypersensitivity. Furthermore, toothpastes contain abrasives to clean and whiten teeth, flavors for the purpose of breathe freshening and dyes for better visual appeal. Effective toothpastes are those that are formulated for maximum bioavailability of their actives. This, however, can be challenging as compromises will have to be made when several different actives are formulated in one phase. Toothpaste development is by no means complete as many challenges and especially the poor oral substantively of most active ingredients are yet to overcome. The global toothpaste market is projected to grow at a CAGR of 6.1% during the forecast period. The toothpaste market was valued at USD 26.09 billion in 2018, and it is projected to reach USD 36.98 billion by 2024. Increasing dental problems among children and adults, due to poor eating habits, and the rise in popularity for herbal oral care products are the factors primarily driving the global toothpaste market. Moreover, rising premiumization and consumers seeking more targeted solutions are accelerating the growth of the market studied. The rise in consciousness of oral health has helped vendors introduce oral hygiene product categories, such as teeth-whitening products. One of the popular products used for teeth whitening is whitening toothpaste. Manufacturers offer toothpaste with teeth-whitening functionality that differs from ordinary toothpaste. To improve market position, manufacturers are constantly focusing on implementing innovative strategies and introducing a broad portfolio of products. Entrepreneurs who invest in this project will be successful.
Plant capacity: White Toothpaste 50 gms Size: 96,000 Tubes / Day White Toothpaste 240 gms Size: 16,800 Tubes / Day Striped Toothpaste 180 gms Size: 33,600 Tubes / Day Gel Toothpaste 120 gms Size: 67,200 Tubes / DayPlant & machinery: Rs 308 lakhs
Working capital: -T.C.I: Cost of Project : Rs 6936 lakhs
Return: 36.00%Break even: 34.00%
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Oxygen Gas Plant (Medical Grade)

Oxygen gas comprises 21 percent of atmospheric gas. Its symbol is O2. Atomic weight of oxygen is 16, atomic no. is 8 and molecular weight is 32. Oxygen gas is non metallic element. Oxygen is colorless, odorless and tasteless. Oxygen reacts with all elements, but not with inert gases to form compound called oxides. Medical oxygen is high purity oxygen that is used for medical treatments and is developed for use in the human body. Medical oxygen cylinders contain a high purity of oxygen gas; no other types of gases are allowed in the cylinder to prevent contamination. Medical oxygen is important in the healthcare industry because of its several uses. Some of the major uses & application of medical grade O2 are mentioned below. Commonly medical oxygen is administered in medical facilities like hospitals and clinics. It’s used during anesthesia, first aid resuscitation for emergencies, life support for patients who can’t breathe on their own, and oxygen therapy. Medical Oxygen Gas Cylinders Market is valued at USD 8.30 Billion in 2018 and expected to reach USD 14.41 Billion by 2025 with the CAGR of 6.2% over the forecast period. Rising prevalence of chronic diseases and infectious like Covid-19, cancer, asthma, diabetes, heart attack etc. and surge in global geriatric population are some important factors driving the growth of medical oxygen gas cylinders market. Oxygen cylinders are needed for the rising demand of hospitals, home care settings and many others. Medical oxygen gas cylinders are present in different sizes depending upon the requirement. In hospitals, oxygen gas therapy is implemented on the patients for the treatment of chronic health conditions to improve energy levels, sleep and a better quality life of patients. Oxygen is widely used in hospitals for the treatment of a number of acute and chronic diseases. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Bellary Oxygen Co. Pvt. Ltd. Bhilai Oxygen Ltd. Govind Poy Oxygen Ltd. Howrah Gases Ltd. Linde India Ltd. Praxair India Pvt. Ltd.
Plant capacity: Medical Grade Oxygen Gas 28.5 Kgs : 180 Cylinders / DayPlant & machinery: Rs 284 lakhs
Working capital: -T.C.I: Cost of Project : Rs 596 lakhs
Return: 23.00%Break even: 58.00%
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Roll Forming with Metal Beam, Highway Guard Crash Barrier and Galvanizing Plant

Metal Beam, Highway Guard Crash Barrier Traffic barriers also known as guardrails or guard rails and in Britain as crash barriers keep vehicles within their roadway and prevent them from colliding with dangerous obstacles such as boulders, sign supports, trees, bridge abutments, buildings, walls, and large storm drains, or from traversing steep (non-recoverable) slopes or entering deep water. They are also installed within medians of divided highways to prevent errant vehicles from entering the opposing carriageway of traffic and help to reduce head-on collisions. Some of these barriers, designed to be struck from either side, are called median barriers. Traffic barriers can also be used to protect vulnerable areas like school yards, pedestrian zones, and fuel tanks from errant vehicles. The market for roads and highways is projected to exhibit a CAGR of 36.16% during 2016-2025, on account of growing government initiatives to improve transportation infrastructure in the country. The road transport and highways ministry has prepared a draft Cabinet note on the Rs.2.6-lakh crore Bharat Mala project that envisages construction of 25,000 km of roads along India's borders, coastal areas, ports, religious and tourist places as well as over 100 district headquarters. India has the second largest road network in the world, spanning a total of 5.89 million kilometers (kms). This road network transports 64.5 per cent of all goods in the country and 90 per cent of India’s total passenger traffic uses road network to commute. Road transportation has gradually increased over the years with improvement in connectivity between cities, towns and villages in the country. Highway construction in India increased at 21.44 per cent CAGR between FY16-FY19. In FY19, 10,855 km of highways were constructed, and the Government has set a target for constructing 12,000 km of national highways in FY20. In March 2020, NHAI (National Highways Authority of India) accomplished the highest ever highway construction of 3,979 kms. In April 2020, the Government set a target of constructing roads worth Rs 15 lakh crore (US$ 212.80 billion) in the next two years. Huge investments have been made in the sector with total investment increasing more than three times from Rs 51,914 crore (US$ 7.43 billion) in 2014-15 to Rs 158,839 crore (US$ 22.73 billion) in 2018-19. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Arcelormittal Nippon Steel India Ltd. Arcelormittal Projects India Pvt. Ltd. Bekaert Industries Pvt. Ltd. Belmaks Solutions Pvt. Ltd. Nippon Steel & Sumitomo Metal India Pvt. Ltd Steel Authority Of India Ltd. System Engineers Cutting & Welding Pvt. Ltd.
Plant capacity: Metal Beam Highway Crash Barrier: 12.5 MT /Day MS Sheet Scrap: 2.5 MT /DayPlant & machinery: Rs 230 lakhs
Working capital: -T.C.I: Cost of Project : Rs 954 lakhs
Return: 28.00%Break even: 53.00%
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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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