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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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Profitable Business of Bromelain Enzyme from Pineapple Stems

Bromelain enzyme refers to a group of enzymes, primarily proteolytic enzymes, derived from the pineapple plant's ripe and unripe fruit, as well as the stem and leaves. Bromelain that is sold commercially is usually stem bromelain. Bromelain is mostly made up of cysteine proteases, with traces of acid phosphatase, peroxidase, amylase, and cellulase thrown in for good measure. There are at least four different types of bromelain. Bromelain is one of the most important protease enzymes found in pineapples (Ananas comosus). Pineapples can be eaten or served raw, cooked, juiced, or preserved. This fruit is perishable and only available during certain seasons. Bromelain is plentiful in pineapple stems and fruits, and it may also be separated in small amounts from pineapple debris such as cores, leaves, and peels. Other proteinases found in pineapple plants, such as ananain and comosain, are present in trace amounts, but bromelain is the most well-known and studied. Its amazing use as a phytomedical ingredient is one of the reasons for its high value. 1. Bromelain softens dough by hydrolyzing gluten when added to it during baking. It also improves biscuit and bread quality and taste. 2. In the dairy sector, bromelain is utilised to prevent casein condensation during the cheese-making process. 3. Bromelain is used to tenderise meat in the meat business. 4. Bromelain is utilised in cosmetics because of its skin regeneration and whitening properties. The global bromelain market was worth USD 37.6 million in 2019 and is predicted to increase at a CAGR of 7.2 percent between 2020 and 2027. Because of increased R&D activities to improve the product's applications in the treatment of cancer, HIV/AIDS, and inflammatory diseases such as asthma, coeliac disease, hepatitis, glomerulonephritis, and autoimmune diseases, bromelain's use in the healthcare sector is expected to grow significantly during the forecast period.
Plant capacity: Bromelain Enzyme 3.0 MT per dayPlant & machinery: 92 Lakhs
Working capital: -T.C.I: Cost of Project: 285 Lakhs
Return: 33.25%Break even: 82.73%
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Extraction of Cashew Nut Shell Oil and Cardanol

The Portuguese introduced cashew (Botanical name AnacardiumOccidentale) to India four centuries ago, mostly to reduce soil erosion. The second most popular tree nut in international commerce circles is the cashew, which is followed by the almond. Cardanol is a phenol derived from anacardic acid, which is the major component of cashew nutshell liquid (CNSL), a byproduct of the cashew nut manufacturing process. Cardanol is utilised in resins, coatings, frictional materials, and surfactants used as pigment dispersants in water-based inks in the chemical industry. Cardanol is obtained by distilling CNSL under decreased pressure. The residue will be high in cardanol, which is commonly known as residol and can be utilised to make friction dust for brake linings as well as rubber compounding formulations. The liquid from cashew nuts is used in a variety of polymer-based industries, including paints and varnishes, resins, industrial and ornamental laminates, brake linings, and rubber compounding resins. The cashew apple and its juice have a wide range of medical applications. It is an excellent purgative and an useful cure for survey, cough, and cold. Cashew nut wood is used for fuel and charcoal production. Corrugated and rigid board boxes are made from its wood pulp. The outside skin of the cashew nut is soft and feathery, whereas the inner layer is thin and firm. The honeycomb structure between these skins contains the phenolic compound known as Cashew Nut Shell Liquid, abbreviated as CNSL. The kernel, shell, and testa of the cashew nut are made up of 20 to 25 percent kernel, 60-70 percent cashew nut shell, and 2-5 percent testa on average. The shells can be burned to generate heat for the decorticating processes, and cashew nut shell liquid (CNSL) is an important industry raw material for resin synthesis. Cashew Nut Shell Liquid (CNSL), the liquid contained within the shell casing of the cashew, has a number of industrial applications. Few Indian Major Players 1. Golden Cashew Products Pvt. Ltd. 2. Kerala State Cashew Devp. Corpn. Ltd. 3. Padmavathi Cashews & Coffee Ltd. 4. Pratap Cashew Co. Ltd.
Plant capacity: Cashew Nut Shell Oil 11.0 MT per day Cardanol 5.5 MT per day De-Oiled Cashew Nut Shell Cake (bye Product) 78.0 MT per dayPlant & machinery: 323 Lakhs
Working capital: -T.C.I: Cost of Project: 752 Lakhs
Return: 26.72%Break even: 52.53%
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Lucrative Industry of HDPE Jumbo Bags (Flexible Intermediate Bulk Containers)

Jumbo bags are large bags that are used to pack bulk items of various types. These large bags come in a variety of specifications and grades to meet the needs of our customers and their packaging. The jumbo textiles are constructed of polypropylene materials that are extremely resilient and flexible, making them ideal for a variety of packaging applications. Jumbo bags are large bags that are used to pack bulk items of various types. These large bags are produced in a variety of specifications and grades to meet the needs of our customers and their packaging. Jumbo bags are large bags that are used to pack bulk items of various types. These large bags are produced in a variety of specifications and grades to meet the needs of our customers and their packaging. The jumbo textiles are constructed of polypropylene materials that are extremely resilient and flexible, making them ideal for a variety of packaging applications. • Cost-effective • Very sturdy and flexible • Easy to lift thanks to inbuilt lifting loops • A wide range of sizes are available. • A wide range of filling, discharging, and lifting options • FIBCs are lightweight and portable. These bags may be transported in a very straightforward and simple manner thanks to the large range of Lifting Options offered. • FIBCs are available in a variety of sizes and specifications, and are known for their long life and durability. • FIBCs are the most convenient and cost-effective means to carry and transfer bulk goods for export. By 2023, the global bulk bags market is estimated to be worth USD 4956.7 million, increasing at a 6.80 percent compound annual growth rate (CAGR). To replace wood and cardboard, the market demands reusable, recyclable, and contamination-free packaging solutions. Bulk bag producers are encouraged to create innovative solutions in part by the requirement to prevent damage and contamination to FIBC loads, which customers have expressed as a critical necessity. Few Indian Major Players 1. Ashoka Poly Laminators Ltd. 2. Bardanwala Plastics Pvt. Ltd. 3. Commercial Syn Bags Ltd. 4. Eclat Industries Ltd. 5. Hanson Agro Ltd. 6. Indra Industries Ltd. 7. Jagannath Polymers Pvt. Ltd.
Plant capacity: HDPE Jumbo Bags (FIBCS) 6,666.7 Nos Per DayPlant & machinery: 3465 Lakhs
Working capital: -T.C.I: Cost of Project: 38 Lakhs
Return: 26.27%Break even: 36.20%
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Profitable Business of Xanthan Gum (Food and Oil Drilling Grade)

Xanthan gum is a popular food additive that is used as a thickening or stabiliser in a variety of dishes. When sugar is fermented by a bacteria called Xanthomonascampestris, it produces xanthomonascampestris. When sugar is fermented, a soup or goo-like fluid is produced, which is solidified by adding alcohol. After that, it's dried and ground into a powder. Xanthan gum is a chemical that is utilised in the production of a variety of foods and pharmaceuticals. In these goods, it has various effects. It can thicken things up, keep textures consistent, and keep items in place. Xanthan gum is a polysaccharide that has a variety of industrial applications, including as a food additive. It works as a thickener and stabiliser to keep the ingredients from separating. It's made from several simple sugars through a fermentation process, and it gets its name from the bacteria strain used, Xanthomonascampestris. Xanthan gum thickens commercial egg substitutes derived from egg whites, which are used to replace the fat and emulsifiers contained in egg yolks. Because it does not modify the colour or flavour of foods or beverages at common use levels, it is also a favoured technique of thickening liquids for persons with swallowing problems. It's a widely utilised gum in the food sector for industrial purposes. Its thickening and binding properties make it an excellent food addition for bakery and dairy products. Xanthan gum is a chemical that is utilised in the production of a variety of foods and pharmaceuticals. In these goods, it has various effects. It can thicken things up, keep textures consistent, and keep items in place. The xanthan gum market was valued at over USD 960 million in 2019 and is expected to increase at a CAGR of over 6% between 2020 and 2026. Increasing gluten sensitivity prevalence and quick penetration of healthy snacks in the food and beverage business are expected to enhance product demand. Increased competition in the food and beverage sector, as well as a rapid transition to gluten-free snacks, are expected to boost product demand. Furthermore, shifting consumer ideas of health and nutrition, as well as a growing demand for easily digested solutions, may boost xanthan gum demand.
Plant capacity: Xanthan Gum Food Grade 720.0 Kg. Per Day Xanthan Gum Oil Drilling Grade 340.0 Kg. Per DayPlant & machinery: 120 Lakhs
Working capital: -T.C.I: Cost of Project: 555 Lakhs
Return: 25.27%Break even: 61.77%
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Setup a Plant of Disposable Plastic Syringes with Needles

Disposable Syringes are plastic syringes that are used in the fields of medicine and veterinary medicine. Disposable syringes are rapidly replacing the age-old glass syringes due to their availability in sterilised, ready-to-use, and cost-effective state. The ever-increasing use of this type of syringe demonstrates its importance, which is based primarily on the financial and hygienic benefits it provides. Plastic syringe manufacturing has progressed to the point that the goods now meet the specifications and standards set by hospitals and physicians. At the same time, they provide the finest possible application technique for the physician and the highest level of patient safety. Doctors, as well as research and development staff, utilise disposable syringes to inject drugs intravenously or intramuscularly for the treatment of disorders. Disposable syringes are a type of plastic syringe that is used in the medical and veterinary fields. Disposable syringes are rapidly replacing the age-old glass syringes due to their availability in sterilised, ready-to-use, and cost-effective state. Because of their convenience and inexpensive cost, research laboratories frequently employ medical-grade disposable hypodermic syringes. Another purpose for the needle tip is to add liquids to very small areas, such as when cleaning scientific equipment. When great precision is not required, they are frequently employed for measuring and transporting liquids and reagents. Microliter syringes, which use a small diameter capillary as the syringe barrel, can be used to measure and deliver compounds very precisely. The market for disposable syringes was valued at USD 7.29 billion in 2018 and is predicted to grow at a CAGR of 6.19 percent to USD 11.08 billion by 2025. The Global Disposable Syringes Market is predicted to be driven by the rising incidence of various chronic diseases that need the use of disposable syringes in their treatment. Furthermore, various government organisations subsidise companies that manufacture disposable syringes for the treatment of chronic diseases like diabetes, which account for the majority of the worldwide illness burden.
Plant capacity: Disposable Plastic Syringes with Needles 1 ml Size each Packed in Polypack: 50,000.0 Nos. per day Disposable Plastic Syringes with Needles 3 ml Size each Packed in Polypack: 50,000.0 Nos. per dayPlant & machinery: 524 Lakhs
Working capital: -T.C.I: Cost of Project: 345 Lakhs
Return: 30.78%Break even: 35.60%
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Investment Opportunities in Business of Turkey Red Oil

The oldest textile finishing chemical is Turkey Red Oil, often known as sulphonated castor oil in the trade. Turkey Red Oil is an example of a product created from castor oil. Sulfated Castor Oil is another name for it. This oil is well-liked in the market because of its ability to disperse freely in water, as well as its extended shelf life and purity. Turkey red Oil is a complex blend of pigments, oil varnishes, driers, and frequently waxy or oily substances. Turkey Red Oil is used as a humectant in cosmetics and as an emulsifier in bath oils. It's also utilised as a defoaming agent and an emulsifier in the textile and sugar industries, among other things. • As surfactants and wetting agents in textiles, defoaming agents in paper, emulsifiers in cosmetics, undecylenate in medicines, paints, inks, and lubricants. • This Turkey Red Oil or sulfonated castor oil aids in superfatting liquid soap for the soap-making business that wants to make transparent soaps. • This oil also aids in the emulsification of essential oils, allowing them to dissolve in water-based solutions. • It's the only oil that dissolves fully in water. It's a surfactant, therefore it's a great base for bath oil because it mixes nicely with water and creates a milk bath. • Sulfonated castor oil is also utilised as organic manure in agriculture, in the paper sector for defoaming, and in pharmaceuticals. The global Sulphonated Castor Oil market was worth USD million in 2019 and is predicted to reach USD million by the end of 2026, growing at a CAGR of between 2021 and 2026. Because of the transition in sectors away from petrochemical resources, the worldwide sulfated castor oil market is in a state of flux. The global sulfated castor oil market is being driven by a growing shift in consumer preference for bio-based chemicals, which may be ascribed to fluctuating petrochemical pricing and rising demand for sustainable and bio-degradable plant-based chemical products. Few Indian Major Players 1. Adya Oils & Chemicals Ltd. 2. Biotor Industries Ltd. 3. Ihsedu Agrochem Pvt. Ltd. 4. Jayant Agro-Organics Ltd. 5. Kalyani Refineries Ltd. 6. Mangalam Global Enterprise Ltd. 7. N K Industries Ltd.
Plant capacity: Turkey Red Oil 4,000.0 Kgs Per DayPlant & machinery: 36 Lakhs
Working capital: -T.C.I: Cost of Project: 164 Lakhs
Return: 26.77%Break even: 66.49%
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Investment Opportunities and Strategies in Startup of Oxygen Gas Plant (Industrial and Pharmaceutical Grade).

Chemicals used in industry might be elemental gases, chemical compounds, organic or inorganic. Specialty gases, medical gases, fuel gases, and refrigerant gases are some of the terms used in different industries. The various gases are employed in a range of industries, with the metal, polymer, and food industries being the most common. The different gases' applications are mentioned below. The Glenbrook steel mill uses the majority of the oxygen produced by BOC Gases to oxidise undesirable impurities in the steel. The rest is used in food processing, medical oxygen for respiration, and oxy-acetylene torches. Industrial oxygen is utilized for combustion, oxidation, cutting, and chemical reactions in industrial plants. The purity levels of industrial oxygen are not suitable for human consumption, and contaminants from filthy equipment or industrial storage could make people sick. Medical oxygen is produced with a high level of purity, and the oxygen generation equipment is built to the highest quality requirements. In the air separation, medical oxygen is distilled until it fulfils medical criteria. Ambulances, surgery, and intensive care units all need medical grade oxygen. It is mandatory to have adequate drug licences and follow standard operating processes while producing medical oxygen, which is also listed as a drug on the WHO list of essential medicines. Most living things require oxygen to survive, therefore the importance of oxygen in the area of medicine cannot be overstated. Oxygen is employed in almost every aspect of healthcare, from resuscitation to inhalation therapy. Chronic asthma, cystic fibrosis, pulmonary hypertension, obstructive sleep apnea, heart failure, anaphylaxis, significant trauma, and seizure or hypothermia are just a few of the chronic and acute health disorders for which oxygen treatment is commonly utilised. Oil and gas, petrochemicals, chemicals, power, mining, steelmaking, metals, environmental protection, medicine, pharmaceuticals, biotechnology, food, water, fertilisers, nuclear power, electronics, and aerospace are just a few of the industries that employ industrial oxygen gases. To live, we need to breathe oxygen. However, oxygen has numerous practical use. It may kill microorganisms and is used in welding and wastewater treatment. Carbon monoxide poisoning is treated with oxygen, which also permits divers to breathe underwater. The global industrial gases market was worth USD 92.0 billion in 2020, and it is predicted to increase at a CAGR of 6.0 percent from 2021 to 2028. The expanding manufacturing industry in Asia Pacific's developing economies is primarily responsible for the market's growth. Furthermore, rising industrialization and urbanisation, as well as the increased use of industrial gases in a variety of industries, including healthcare, metals and mining, and food and beverages, are projected to have an impact on market growth in the coming years. Gases produced in significant numbers for use in industrial processes are referred to as industrial gases. These gases are also known as fuel, medicinal, refrigerant, or speciality gases, depending on their application in various industries. The market for medical and pharmaceutical gases and equipment is expected to reach $15.2 billion in 2019, with a CAGR of 6.4 percent from 2020 to 2025. Pharmaceutical and medical gases are fluids designed for use in the medical, pharmaceutical, and biotechnology industries. They're typically utilised to synthesise, sterilise, or insulate human-health-related processes or goods. Major Key Players: 1. Arrow Oxygen Ltd. 2. Bhagawati Oxygen Ltd. 3. Govind Poy Oxygen Ltd. 4. Howrah Gases Ltd. 5. Linde India Ltd. 6. Madhav Industrial Gases Pvt. Ltd. 7. Niket Udyog Ltd. 8. Praxair India Pvt. Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Emerging Business of Disposable Safety Razors. Profitable Industry of Men Grooming Products.

A safety razor is a shaving equipment with a guard that protects the skin from the blade. The safety razor's initial goal was to lessen the risk of harm while shaving and the skill required for a proper shave. The safety razor significantly reduced the need to visit a barber for a shave. With only a single blade and a plastic grip, the disposable razor quickly became a popular instrument among innumerable men who appreciated the convenience of a short shave that was even safer than a safety razor. A shaver with a replaceable blade with a razor-sharp edge; sometimes known as a safety razor. A disposable razor is a comparable device made of plastic with a blade that is not replaceable or sharpenable and is designed to be discarded when the blade dulls. Disposable Safety Razors are: 1. Cost Effective: Although purchasing a double edged razor may appear to be costly, it is quite cost effective in the long run when considering that all that is required is the purchase of blades, which are actually less expensive than cartridge blades. 2. Balance: Because of the pivot, this razor maintains a steady viewpoint while shaving, making it the best because it is easier and faster to use. This is the most appealing element of it. 3. Convenience: While most people prefer to go the modern route, those who have chosen this traditional method of shaving have found it to be cost-effective and simple to use. 4. Time Management: If you value your time, it's time to ditch those pricey cartridges and embrace a double-edged razor, since research has proved that it is truly quite quick to use. 5. Less Maintenance: Unlike fixed type razors, it is very easy to clean due to the ability to change blades. 6. Quality: The edges of a double edge razor are sharper than those of a multi-blade razor, resulting in better outcomes. 7. Environmentally Friendly: Because it is composed entirely of metal, it is immediately considered environmentally friendly. In 2018, the global razor market was worth USD 10.2 billion, and it is expected to grow at a CAGR of 3.5 percent from 2019 to 2025. Several factors are driving the industry, the most important of which is a growing focus on men's grooming and increased consumer awareness of personal cleanliness. Disposable razors make for a sizable portion of the industry, and demand is expected to continue to rise. The Disposable razor's biggest commercial restraint is its higher initial cost. Furthermore, in the case of this type of razor, an individual must learn how to shave properly. The expanding urge to look well groomed, rising per capita income, and rapid urbanization are all contributing to this growth. Men's grooming industry demand has expanded in recent years as a result of growing male customer awareness of their appearance. Furthermore, because more than half of the population is under the age of 30, the industry has a large local market. Furthermore, the market is predicted to rise through 2025 due to an increase in the urban middle class population and enhanced distribution channels in tier II and tier III cities. Major Key Players: Everkeen Blade Co. Ltd. Gillette India Ltd. Jindal Stainless Ltd. Laser Shaving Products Pvt. Ltd. Narang Medical Ltd. Paramount Surgimed Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Lucrative Business of Essential Oil from Lemon Grass. Best Business for New Startup.

Lemongrass essential oil is extracted from the lemongrass plant, which thrives in tropical and subtropical climates. The oil has a citrus fragrance and can be brilliant or light yellow in colour. Lemongrass has long been used in traditional medicine to treat pain, stomach issues, and fevers. Other advantages could come from its antioxidant, anti-inflammatory, and antifungal qualities. Lemongrass is also known as fever grass because of its remarkable capacity to successfully relieve fever and a variety of other diseases. This oil has antifungal, antibacterial, and antioxidant properties, making it a popular choice for those who want perfect skin and strong, healthy hair. The patients used the gel in conjunction with nonsurgical dental therapy to treat gum disease. The outcomes were compared to those of a group that only used nonsurgical dental care. Benefits of Lemongrass Essential Oil: 1. Refreshes The Atmosphere: This oil is known to instantly freshen the atmosphere when sprayed in a diluted form in the environment, working as a natural room freshener or perfume. Toxic components in chemical-based air fresheners could affect us in the long run. 2. Reduces Pain And Muscle Cramps: Citral, found in lemongrass essential oil, is recognised for reducing inflammation-related pain and cramps. This oil is frequently administered to the region of concern for pain alleviation as a home therapy for rheumatoid arthritis. 3. Promotes Skin Health: The oil offers a wide range of skin-beneficial characteristics. Lemongrass oil is recognised for improving overall skin texture by washing and detoxifying the skin and pores, as well as removing excess oil. 4. Skincare: Lemongrass essential oil has anti-inflammatory characteristics, which means it can help with redness, irritation, itching, and swelling. Because of its antibacterial and astringent characteristics, it is frequently used in cosmetics aimed at achieving soft, toned, and luminous skin. Market Outlook: Between 2019 and 2027, the global lemongrass oil market is expected to reach USD 421.13 million, increasing at a CAGR of 6.9%. Growing knowledge of lemongrass oil's health advantages is a crucial aspect driving the global industry forward. Lemongrass oil is in high demand due to the public's growing desire for natural remedies. The rising popularity of aromatherapy and the increasing availability of aromatherapy candles and diffusers are also contributing to the worldwide lemon grass market's rise. Furthermore, rising demand for lemongrass oil in the cosmetics and pharmaceutical industries is expected to propel the market forward in the approaching years. Furthermore, lemongrass oil provides a variety of health benefits that are linked to essential oils, which are expected to increase demand for lemongrass oil in pharmaceutical and medical applications, and the product has no detrimental side effects, which will aid in penetrating the market in the future. Another key market driver is the growing use of culinary dishes in the food and beverage industry. The market for lemongrass essential oil is being driven by an increase in the use of lemongrass essential oil in aromatherapy, as well as increased demand from the pharmaceutical industry due to increased health advantages and increased demand from the food and beverage industry for culinary meals.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Manufacturing Business of Steel Container (Cargo Container)

Every year, the freight container sector produces a large number of intermodal containers. They're utilised all around the world to convey things. Each year, roughly 180 million container cargoes are transported across the oceans by about 5000 container ships. For global trade enterprises to thrive in today's increasingly competitive economic environment, international transportation of containerized commodities is essential. Containers are typically built of steel (for marine containers) or aluminium (for domestic containers), and their structure provides flexibility and hardiness. 1. Refactor Existing Applications to Make Them Container-Friendly: Refactoring is far more time-consuming than lift-and-shift migration, but it allows you to reap the full benefits of a container environment. 2. Create new container-native applications: This method, like refactoring, unlocks the full potential of containers. 3. Improve Microservices Architecture Support: Individual container building parts make it easier to isolate, deploy, and scale distributed applications and microservices. 4. Make Repetitive Jobs and Tasks Deployment Easier: Containers are used to support one or more comparable operations that operate in the background, such as ETL functions or batch jobs. In 2019, the global Shipping Containers Market was valued at US$ 10,350.1 million and 306,324 thousand units, and it is predicted to grow at a CAGR of 5.9% from 2020 to 2027. Containerization's increasing speed, reliability, and safety have driven enterprises to use containers to ship their goods. Containerization is boosted even further by lower long-distance containerized transportation costs paired with trade globalisation. Few Indian Major Players 1. D C M Hyundai Ltd. 2. J K Technosoft Ltd. 3. Techno-Cap Equipments India Pvt. Ltd.
Plant capacity: Cargo Containers (Size 20 Feet) 4.0 Nos Per Day Cargo Containers (Size 40 Feet) 4.0 Nos Per Day Cargo Containers (Size 40 Feet High Cube) 2.0 Nos Per DayPlant & machinery: 2945 Lakhs
Working capital: -T.C.I: Cost of Project: 1364 Lakhs
Return: 26.29%Break even: 45.45%
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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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